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The continent is rich in the commodities needed for the green energy transition and has abundant solar power, but many governments are also burdened with cripplingly high debts. "Eighty percent of the infrastructure Africa needs by 2050 has not yet been built," Gamboa said at the IMPACT conference. "They've come to a recognition that it is good development to leapfrog and go into the clean energy transition now." "We cannot and will not run away from doing fossil fuel-based investing because the development needs of the continent are so huge," the AFC's Gupta said. "The world still needs energy security, the world still needs energy source diversity.
Persons: John Muchucha, it's, Andrew Steer, Freddy, we've, Tom Mitchell, Sanjeev Gupta, Gupta, Cristina Gamboa, " Gamboa, ActionAid, Gloria Dickie, Jane Wardell, Sharon Singleton Organizations: REUTERS, Earth, Reuters IMPACT, International Institute for Environment, Development, London, African Finance Corporation, International Energy Agency, IMPACT, AFC, Thomson Locations: Africa, Nairobi, Kenya, London, Horn of Africa, Malawi, Mozambique, Madagascar, Sharm el, Sheikh, Lagos, Global South, Paris
Sen. Chuck Schumer is hosting sessions to help lawmakers understand and shape future rules on AI. AdvertisementAdvertisementMeredith Whittaker, president of messaging app Signal and former director of AI think tank the AI Now Institute, posted on X: "This is the room you pull together when your staffers want pictures with tech industry AI celebrities. It's not the room you'd assemble when you want to better understand what AI is, how (and for whom) it functions, and what to do about it." This is the room you pull together when your staffers want pictures with tech industry AI celebrities. It's not the room you'd assemble when you want to better understand what AI is, how (and for whom) it functions, and what to do about it.
Persons: Sen, Chuck Schumer, Axios, Mark Zuckerberg —, Sam Altman, Sundar Pichai, Satya Nadella, Elon Musk, Mark Zuckerberg, Per, Maria Curi, Rumman Chowdhury, Deborah Raji, Tristan Harris, b9mJhW39NW — Maria Cristina Curi, OpenAI, Alex Karp, Jack Clark, Clement Delangue, Meredith Whittaker, It's, UM1EhFNb1H — Meredith Whittaker, Face's Delangue Organizations: Morning, Google, Microsoft, Mozilla, Center of Humane, Meta, Nvidia Locations: Washington
The spinning dead star and the companion star that it closely orbits were first discovered in 2007. Once the pulsar began siphoning off material from the companion star, its characteristic pulsing beam disappeared. Instead, the pulsar entered a constant, alternating cycle of operating in what astronomers call “high” mode and “low” mode. They discovered that an exchange of matter between the pulsar and its companion star triggers the unusual behavior of the pulsar. As the pulsar tugs at its companion star, gas releases from the companion and forms a disk around the pulsar before slowly falling toward it.
Persons: , Maria Cristina Baglio, Francesco Coti Zelati, Coti Zelati, Sergio Campana Organizations: CNN, Astrophysics, New York University, Italian National Institute for Astrophysics, Institute of Space Sciences, Astronomers, Southern, Italian National Institute for Astrophysics ’, Observatory Locations: New York University Abu Dhabi, Barcelona, Spain, Chile
Guatemalan President-elect Bernardo Arevalo attends a press conference after prosecutors ordered a temporary suspension of Semilla party's legal registration, in Guatemala City, Guatemala August 28, 2023. REUTERS/Cristina Chiquin Acquire Licensing RightsGUATEMALA CITY, Aug 29 (Reuters) - Guatemala President Alejandro Giammattei said on Tuesday the path was set for an "orderly and transparent transition" of power following the presidential election, after a new bid to suspend the winning party sowed fresh doubts. Giammattei added he would meet with President-elect Bernardo Arevalo, who was swept to victory vowing to tackle corruption, on Sept. 4. "The doors are now open towards an orderly, transparent, and above all, efficient government transition," said Giammattei, speaking in a video message published online. Giammattei's statement came after a document from the citizens registry ordering a temporary suspension of Arevalo's Semilla party's legal registration caused new confusion over the election results.
Persons: Bernardo Arevalo, Cristina Chiquin, Alejandro Giammattei, Giammattei, Arevalo, Antony Blinken, Sofia Menchu, Isabel Woodford, Cassandra Garrison, Chris Reese Organizations: REUTERS, GUATEMALA CITY, of American States, Thomson Locations: Guatemala City, Guatemala, GUATEMALA, States, Arevalo
Guatemalan President-elect Bernardo Arevalo attends a press conference after prosecutors ordered a temporary suspension of Semilla party's legal registration, in Guatemala City, Guatemala August 28, 2023. REUTERS/Cristina Chiquin Acquire Licensing RightsGUATEMALA CITY, Aug 29 (Reuters) - Guatemala President Alejandro Giammattei said Tuesday the path was set for an "orderly and transparent transition" of power following the presidential election, after a new bid to suspend the winning party sowed fresh doubts. Giammattei added that he would meet with President-elect Bernardo Arevalo, who was swept to victory vowing to tackle corruption, on September 4. "The doors are now open towards an orderly, transparent, and above all, efficient government transition," said Giammattei, speaking in a video message published online. Giammattei's statement came after a document from the citizens registry ordering a temporary suspension of Arevalo's Semilla party's legal registration caused new confusion over the election results.
Persons: Bernardo Arevalo, Cristina Chiquin, Alejandro Giammattei, Giammattei, Arevalo, Sofia Menchu, Isabel Woodford, Cassandra Garrison Organizations: REUTERS, GUATEMALA CITY, of American States, Thomson Locations: Guatemala City, Guatemala, GUATEMALA, Arevalo
Jessica Pegula Is Learning to Use Her Claws
  + stars: | 2023-08-25 | by ( Cindy Shmerler | ) www.nytimes.com   time to read: +1 min
Jessica Pegula strode into Wimbledon’s cavernous interview room, bucket hat perched on her head, and stared at the empty room. When she realized that there were no media members there to ask her about her second-round win over Cristina Bucsa, Pegula chuckled, got up and walked out. At 5-foot-7, Pegula doesn’t have a thunderous serve, like Aryna Sabalenka. Pegula can also flutter emotionally, as when she let a 4-1 lead slip in the third set against the eventual Wimbledon champion Marketa Vondrousova. “Her ball-striking is really, really good,” said David Witt, her coach since 2019.
Persons: Jessica Pegula strode, Cristina Bucsa, Pegula chuckled, Pegula, Marketa Vondrousova, , David Witt, Lindsay Davenport Organizations: Canadian, Wimbledon, United States, eventual Wimbledon Locations: Iga
[1/2] The Macy's logo is displayed on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 19, 2021. A bellwether for back-to-school demand, Foot Locker joined rival Dick's Sporting Goods (DKS.N) on Wednesday to cut annual profit forecast, sending the shares of sportswear retailers tumbling. "We did see a softening in trends in July and are adjusting our 2023 outlook to allow us to best compete for price-sensitive consumers," Foot Locker CEO Mary Dillon said. Walmart last week raised its full-year forecasts and beat second-quarter results, benefiting from strong demand for its low-priced groceries. Reporting by Ananya Mariam Rajesh and Aishwarya Venugopal in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
Persons: Andrew Kelly, Cristina Fernandez, Foot Locker, Mary Dillon, Macy's, Adrian Mitchell, Locker, Thomas Hayes, Hogan, Ananya Mariam Rajesh, Aishwarya Venugopal, Arun Koyyur Organizations: New York Stock Exchange, REUTERS, Dick's Sporting, Target, Walmart, Riley Wealth, Thomson Locations: Manhattan , New York City, U.S, Bengaluru
[8/23]Share this photoA woman has her finger marked with electoral ink as she casts her vote at a polling station in Guatemala City, August 20. REUTERS/Cristina Chiquin
Persons: Cristina Chiquin Organizations: REUTERS Locations: Guatemala City
[1/2] Guatemalan presidential candidate Bernardo Arevalo of the Semilla party addresses supporters during his closing campaign rally, ahead of Sunday's presidential run-off, at the Plaza Central in Guatemala City, Guatemala August 16, 2023. REUTERS/Cristina Chiquin/File Photo Acquire Licensing RightsGUATEMALA CITY, Aug 21 (Reuters) - Guatemala's Bernardo Arevalo, who won Sunday's presidential run-off by double-digits, is looking to retrace his father's footsteps more than 70 years after Arevalo senior broke a long period of dictatorship to become the country's first democratically elected president. "I'm not my father, but I'm traveling down the same road he built," Arevalo said last week during his campaign's closing rally. The family lived in Venezuela, Mexico and Chile before returning to Guatemala when Arevalo was a teenager. Arevalo took part in the pivotal 2015 protests, and a couple of years later helped create what would become the upstart Seed movement - Semilla in Spanish.
Persons: Bernardo Arevalo, Cristina Chiquin, Guatemala's Bernardo Arevalo, Arevalo, Juan Jose Arevalo, Sandra Torres, Alvaro Montenegro, Otto Perez Molina, June's, January's, Sofia Menchu, Diego Ore, David Alire, Rosalba O'Brien Organizations: Plaza Central, REUTERS, GUATEMALA CITY, Central, Prosecutors, Thomson Locations: Guatemala City, Guatemala, GUATEMALA, Central America's, Uruguay, U.S, Venezuela, Mexico, Chile, Israel, Spain
CNN —Anti-corruption candidate Bernardo Arévalo, from the progressive Movimiento Semilla party, appeared to have won Guatemala’s presidential election on Sunday, beating former first lady Sandra Torres in a race marred by fears of democratic backsliding. With more than 95% of the ballots counted, Arévalo won 59.1% of the vote compared to Torres’ 36.1%, according to official data from the Supreme Electoral Tribunal. A voter casts their ballot at a polling station during the presidential run-off election in Guatemala City, Guatemala, on August 20, 2023. Prosecutors and judges associated with the commission were arrested and investigated and many have since fled the country. Members of the media who have opposed corruption in their reporting have also faced legal consequences.
Persons: Bernardo Arévalo, Sandra Torres, Arévalo, Torres, Irma Palencia, , , Alejandro Giammattei, Cristina Chiquin, Rafael Curruchiche, Department’s Engel, ” Curruchiche, José Rubén Zamora Organizations: CNN, Movimiento Semilla, Torres ’, Torres ’ Unidad Nacional de la Esperanza, Reuters, US, Central, United Locations: Guatemala, Guatemala City, Central American, United States, United Nations, Guatemalan
Ron DeSantis is a member of St. Elmo, a secret society he joined while a student at Yale University. A fellow member told The Times that DeSantis rolled his eyes when she told her life story to the group. DeSantis often speaks to GOP audiences about what he felt was an overly liberal environment at Yale. Cristina Sosa Noriega, a fellow member of St. Elmo, told The Times that DeSantis rolled his eyes when she spoke of her background as a Hispanic girl who was raised in San Antonio, Texas. Two additional members of the secret society also recounted DeSantis' expression at the time, according to The Times.
Persons: Ron DeSantis, DeSantis, Elmo, DeSantis —, , Cristina Sosa Noriega, " Sosa Noriega, Yale Organizations: Yale University, Times, Yale, Service, New York Times, The Times, Harvard Law School Locations: Wall, Silicon, New Haven , Connecticut, Florida, San Antonio , Texas
Presidential candidate Sandra Torres, of the National Unity of Hope (UNE) political party, greets supporters during a campaign rally ahead of the presidential run-off, in Guatemala City, Guatemala August 5, 2023. REUTERS/Cristina Chiquin/File Photo Acquire Licensing RightsAug 17 (Reuters) - Sandra Torres is pitching her two decades as a leading figure in Guatemalan politics as she tries to woo disenchanted voters ahead of a presidential runoff on Sunday and avoid a third straight election loss. Torres, who hails from a poor town in Guatemala's Peten region, has promised to expand the social safety net if elected. But while her party's last government did reduce poverty, Torres' efforts have also drawn criticism for being "clientelistic," said Will Freeman, a fellow for Latin America studies at the Council on Foreign Relations. Torres has sought new allies as she seeks to reverse her election losses, analysts said.
Persons: Sandra Torres, Cristina Chiquin, Torres, Bernardo Arevalo, Alvaro Colom, Will Freeman, June's, Brendan O'Boyle, Rosalba O'Brien Organizations: National Unity of, REUTERS, of, Council, Foreign Relations, Gallup, Thomson Locations: Guatemala City, Guatemala, Central America's, United States, Guatemala's Peten, Arevalo
Anti-graft presidential candidate of the Semilla political party Bernardo Arevalo holds a campaign rally ahead of the presidential run-off, in Sumpango, Guatemala, July 16, 2023. REUTERS/Cristina Chiquin/File Photo Acquire Licensing RightsGUATEMALA CITY, Aug 16 (Reuters) - Guatemalan presidential candidate Bernardo Arevalo is seen winning an August 20 runoff election backed by 61% of valid votes, followed by former first lady Sandra Torres, according to a CID Gallup poll published on Wednesday. Arevalo, an ex-diplomat who is running on an anti-corruption platform, scored a surprise second place in June's first round, finishing close behind Torres. "Our growth trajectory continues, as more of us now want change in Guatemala," the candidate said on social messaging platform X. The poll surveyed 1,819 adults face-to-face between August 4 and 13 with an estimated margin of error of plus or minus 2.3%.
Persons: Bernardo Arevalo, Cristina Chiquin, Sandra Torres, Arevalo, Torres, Sofia Menchu, Raul Cortes, Valentine Hilaire, Sarah Morland Organizations: REUTERS, GUATEMALA CITY, Gallup, Organization of American, CID, Thomson Locations: Sumpango, Guatemala, GUATEMALA, June's
REUTERS/Agustin Marcarian/Illustration/File PhotoNEW YORK, Aug 15 (Reuters) - Investors in Argentina's financial markets, where bonds and the peso slid on Monday after central bank moves following a surprise primary election result, said the vote had a silver lining: it would likely hasten long-called-for economic reforms. The result initially introduced uncertainty into asset pricing, with traders selling stocks and dollar bonds - but prices later stabilized and the local stock market closed over 3% higher. Investors said this would outweigh any worries about Milei, despite some of his heterodox pledges, including to axe the central bank and dollarize the economy. Milei faces a significant challenge still to turn the primary election win into a successful run to the presidency. The central bank also increased the benchmark interest rate to 118% from 97%.
Persons: Agustin Marcarian, Javier Milei, Patricia Bullrich, Milei, Kimberley Sperrfechter, Sergio Massa, Cristina Fernandez de Kirchner, Milei's, Walter Stoeppelwerth, Shamaila Khan, Rowe Price, Samy Muaddi, Rodrigo Campos, Adam Jourdan, Rosalba O'Brien Organizations: Argentine, REUTERS, Economics, Kimberley, Peronist, Investors, Gletir SA, Emerging Markets, Asia Pacific, UBS Asset Management, Jorgelina, Thomson Locations: Argentina, Argentine, MERV, Rosario
REUTERS/Agustin Marcarian/Illustration/File PhotoNEW YORK, Aug 15 (Reuters) - Investors in Argentina's financial markets, where bonds and the peso slid on Monday after central bank moves following a surprise primary election result, said the vote had a silver lining: it would likely hasten long-called-for economic reforms. The result initially introduced uncertainty into asset pricing, with traders selling stocks and dollar bonds - but prices later stabilized and the local stock market closed over 3% higher. Investors said this would outweigh any worries about Milei, despite some of his heterodox pledges, including to axe the central bank and dollarize the economy. Milei faces a significant challenge still to turn the primary election win into a successful run to the presidency. The central bank also increased the benchmark interest rate to 118% from 97%.
Persons: Agustin Marcarian, Javier Milei, Patricia Bullrich, Milei, Kimberley Sperrfechter, Sergio Massa, Cristina Fernandez de Kirchner, Milei's, Walter Stoeppelwerth, Shamaila Khan, Rowe Price, Samy Muaddi, Rodrigo Campos, Adam Jourdan, Rosalba O'Brien Organizations: Argentine, REUTERS, Economics, Kimberley, Peronist, Investors, Gletir SA, Emerging Markets, Asia Pacific, UBS Asset Management, Jorgelina, Thomson Locations: Argentina, Argentine, MERV, Rosario
Guatemala elections: Troubled vote looms
  + stars: | 2023-08-12 | by ( Tara John | ) edition.cnn.com   time to read: +6 min
Torres won 16% of the first-round vote in June with Arévalo coming in with 11.8% of the votes cast. “Guatemalans wanted an option on the ballot where they can vote to reject the current political system. Moises Castillo/APThis is the third presidential cycle Torres has competed in, losing in 2019 to current President Alejandro Giammattei. Guatemala currently recognizes Taiwan, and Arévalo has said he would like Guatemala to have relations with both Taipei and Beijing. Congress is set to be largely controlled by establishment parties following this year’s elections, including the outgoing president’s Vamos party and Torres’ UNE.
Persons: CNN —, Sandra Torres, Bernardo Arévalo –, Torres, Arévalo, “ Guatemalans, ” Will Freeman, backsliding, Arevalo, Cristina Chiquin, Reuters Arévalo, Rafael Curruchiche, ” Curruchiche, , ” Freeman, Bukele, Alvaro Colom, Moises Castillo, Alejandro Giammattei, Juan José Arévalo, Freeman, Thelma Aldana, Aldana, Luis Von Ahn, Torres ’ Organizations: CNN, Council, Foreign Relations, United, Public Ministry, Reuters, Movimiento Semilla, US State Department, US, European, Unidad Nacional de la Esperanza, Getty, Duolingo, Torres ’ UNE Locations: backsliding, Guatemala, America, United Nations, Guatemala City, Spain, European Union, United Kingdom, Canada, El Salvador, Taiwan, Taipei, Beijing
Eros Hoagland | Getty ImagesOver the past few years, Alicia Browne has noticed a change in what college students haul out of cars on move-in days at the University of Alabama. A growing pie — and market share up for grabsAs college spending is poised to grow, retailers have another reason to vie for students' dollars. Jakub Porzycki | Nurphoto | Getty ImagesIt is difficult to estimate how much college market share Bed Bath had in total. Shipt, the Target-owned delivery service, and Walmart have both tried to attract more college students to their membership programs by offering a special discounted price. She said the company's growth has been fueled by college students who want uniquely decorated rooms that reflect their personalities.
Persons: Eros Hoagland, Alicia Browne, Keurig coffeemakers, decorators, Browne, Prosper, Browne chalks, " Browne, Marshal Cohen, Jakub Porzycki, Harmon, Cristina Fernandez, Sonoma, TikTok, Dormify, Amanda Zuckerman, Zuckerman, Kate Reppeto, Callie Weathers Kate Reppeto, Repetto, she's, Anna Emblom Organizations: University of North, Hill, University of Alabama, College, National Retail Federation, IRI, NPD, Target, Walmart, Consulting, Deloitte, Nurphoto, Goods, Ikea, Telsey Advisory, Williams, Hamptons, Madison, University of Mississippi, Eagle Locations: University of North Carolina, Chapel Hill , North Carolina, Kohl's, Bath, Bed, Williston , Vermont, New York City, Madison Ave, Oxford, Miss, Southlake, Dallas, Fort Worth in Texas, Birmingham, Ala
Explainer: Why has Ecuador become so violent?
  + stars: | 2023-08-10 | by ( ) www.reuters.com   time to read: +4 min
A view of the rally site where Ecuadorean presidential candidate Fernando Villavicencio was killed at a campaign event in Quito, Ecuador August 9, 2023. REUTERS/Karen Toro/File PhotoAug 10 (Reuters) - Ecuador was reeling on Thursday from the slaying of presidential candidate Fernando Villavicencio the night before, less than two weeks before elections were to take place. The killing of Villavicencio, a vocal critic of corruption and drug crime that have beset Ecuador, underlines a deteriorating security situation in much of South America. WHAT HAS HAPPENED TO SECURITY IN ECUADOR? Verisk Maplecroft similarly attributed an "unprecedented surge in brutal criminality" to growing " trans-national drug-trafficking organizations and violent street gangs."
Persons: Fernando Villavicencio, Karen Toro, Villavicencio, Verisk Maplecroft, Guyaquil, Guillermo Lasso, Villavicencio's, Lasso, Luis Donaldo Colosio, Colombia's, Luis Carlos Galan, Cristina Fernandez De Kirchner, Jair Bolsonaro, Oliver Griffin, Cynthia Osterman Organizations: REUTERS, Colombia's Liberal, Thomson Locations: Quito, Ecuador, South America, ECUADOR, Colombia, Europe, Paraguay, Chile, Uruguay, Argentine
Recent attacks on prominent figures in Latin America
  + stars: | 2023-08-10 | by ( ) www.reuters.com   time to read: +2 min
Here are some other attacks on high-profile politicians from Latin America in recent years. JAIR BOLSONARO, BRAZILDuring his first campaign trail in September 2018, far-right former Brazilian President Bolsonaro was stabbed. REUTERS/Karen ToroJOVENEL MOISE, HAITIHaitian President Moise was shot dead in July 2021 and his wife, Martine Moise, was seriously wounded when heavily armed assassins stormed the couple's home. FRANCIA MARQUEZ, COLOMBIAColombia's now Vice President Marquez had a narrow escape in May 2019 before she ran for office, when attackers launched a grenade and shot at her and other environmental activists. NICOLAS MADURO, VENEZUELAVenezuelan President Maduro accused political foes of trying to kill him during an open-air speech in August 2018 by using explosive-laden drones in capital city Caracas.
Persons: Fernando Villavicencio, CRISTINA FERNANDEZ DE KIRCHNER, Cristina Fernandez de Kirchner, JAIR, Bolsonaro, Karen Toro JOVENEL MOISE, Moise, Martine Moise, IVAN DUQUE, FRANCIA, COLOMBIA Colombia's, Marquez, NICOLAS MADURO, Maduro, Steven Grattan Organizations: REUTERS, VENEZUELA Venezuelan, Thomson Locations: Ecuador, Quito, Latin America, ARGENTINA, JAIR BOLSONARO, BRAZIL, HAITI, COLOMBIA, Colombia, Venezuela, FRANCIA MARQUEZ, VENEZUELA, Caracas, Lincoln
(When excluding one-time divestment contributions and last year's Covid antibody revenue, Lilly's sales rose 22% on an annual basis.) Eli Lilly shares soared more than 16% to a new all-time high during Tuesday's session. LLY YTD mountain Eli Lilly's stock performance so far in 2023. Eli Lilly now expects adjusted earnings per share between $9.70 and $9.90, up significantly from the old guidance between $8.65 and $8.85. For its part, Eli Lilly is also studying Mounjaro's impact on other health outcomes including cardiovascular events.
Persons: Eli Lilly, Mounjaro, , Jim Cramer's, Jim, Lilly's, Cheplapharm —, Lilly, Anat Ashkenazi, Ashkenazi, Eli Lilly's, Lilly Diabetes, Michael Mason, Mason, Verzenio, Trulicity, we've, David Ricks, Jim Cramer, Cristina Arias Organizations: Novo Nordisk, U.S, Amphastar Pharmaceuticals, Management, CNBC, Company, Pharmaceutical Locations: Indianapolis, North Carolina, U.S, Trulicity, Danish, Novo, Alcobendas, Madrid, Spain
“This is a room full of people who truly believe in the ability to go up against Adams and win,” said Cristina González, one of the hosts, on Thursday, after word of the meeting leaked. Mr. Adams will likely be a heavy favorite to capture a second term. He remains broadly popular with the coalition of Black and Latino voters outside of Manhattan who sent him to Gracie Mansion. Evan Thies, a spokesman for the Adams campaign, said in a statement that the mayor had lowered crime and “invested billions of dollars in working people” and that polls showed he had strong support from New Yorkers. “The fact that these folks would rather play politics in some back room two years before the election, instead of help the mayor help working people, tells you all you need to know about what they really care about: their own power,” he said.
Persons: Adams, , Cristina González, Gracie, Evan Thies Organizations: Democratic, New Yorkers Locations: Manhattan, New
Sales of surplus Yeezy shoes generated around 400 million euros ($437 million) in the second quarter, helping Adidas reduce its predicted loss for the year to 450 million euros, down from the 700 million euro loss previously expected. JD Sports (JD.L) said it had started selling Yeezy products from Adidas' second release of Yeezy shoes on Wednesday. Adidas said its 2023 outlook does not include the second Yeezy release. Citi analysts expect further Yeezy drops to generate 1.5 billion euros in revenues and 700 million euros in earnings after Adidas' planned charity donations. North America was the laggard, with sales dropping 16.4% in currency-neutral terms, which Adidas put down to high inventory levels there.
Persons: Kanye West, Shannon Stapleton, Bjorn Gulden's, Ye, Cristina Fernandez, Fernandez, Gulden, Liu Qingyi, Shuting Qiu, Helen Reid, Sonali Paul, Mark Potter, Jan Harvey Organizations: Adidas, REUTERS, FX, Foundation, Combat, Defamation League, Telsey, JD, Citi, North, Thomson Locations: Garden City , New York, U.S, New York, Greater China, China, Shanghai, North America
Anti-graft presidential candidate of the Semilla political party Bernardo Arevalo holds a campaign rally ahead of the presidential run-off, in Sumpango, Guatemala, July 16, 2023. REUTERS/Cristina Chiquin/File PhotoGUATEMALA CITY, Aug 2 (Reuters) - Guatemalan presidential candidate Bernardo Arevalo is seen winning an Aug. 20 runoff election with 63% of valid votes against his rival, Sandra Torres, according to a CID Gallup poll published on Wednesday by a local think tank. Arevalo won a surprise second place in the initial round in June, finishing close behind Torres, a former first lady. CID Gallup's poll found that 54% of respondents considered Torres "corrupt" and a "liar," compared to 15% and 13%, respectively, for Arevalo. Arevalo led the poll in every age group, region, and education level.
Persons: Bernardo Arevalo, Cristina Chiquin, Sandra Torres, Arevalo, Torres, Luis Von Ahn, Sofia Menchu, Raul Cortes, Sarah Morland, Stephen Eisenhammer, Conor Humphries Organizations: REUTERS, GUATEMALA CITY, Gallup, of American, CID, Liberty and Development Foundation, Thomson Locations: Sumpango, Guatemala, GUATEMALA, Arevalo, Guatemalan
"For many people, the pandemic is now over, and this is time now for travelling far from home," said Corinne Martin, fund manager at Ofi Invest in Paris. The point at which China announced the end of health restrictions in 2022 was probably the best moment to jump into travel stocks. They remain buyers, noting how at 11 times 2024 earnings, the stock displays an unjustified discount and prices no growth. "Now, vacation budget is no more a variable families adjust," said Jerome Schupp, fund manager at Prime Partners in Geneva. European travel and leisure earnings are seen rising 63% this year and 23% in 2024, according to Refinitiv Datastream.
Persons: Corinne Martin, Ofi's Martin, Martin, Goldman Sachs, Jerome Schupp, Schupp, Cristina Matti, Andrea Scauri, Lastminute, Refinitiv, Lucy Raitano, Conor Humphries Organizations: MILAN, Ofi Invest, Paris . Airlines, Royce, World Tourism Organization, China, Traders, Paris Olympics, UEFA European Football, Ryanair, Europe's, Prime Partners, Visa, Air, Thomson Locations: Paris, Europe, Germany, Geneva, Air France, Lemanik, London
Cristina Quicler | Afp | Getty ImagesSEVILLE, Spain — The day-to-day reality of scorching summer heat in Spain is taking its toll. The mercury in the southern Spanish city of Seville hit 40 degrees Celsius (104 Fahrenheit) on July 20, shortly before national elections failed to produce a clear winner. "During the day I work here where I have air conditioning but the walk home is ... agony," Sánchez told CNBC. Tacho Rufino, economist at the University of Seville, told CNBC that when classes are not in session, he lives in Cádiz in the southwest. Olive oil prices soared further into record-breaking territory this month and analysts have told CNBC that high prices could be here "for some time to come."
Persons: Cristina Quicler, Carlo Núñez, Sevillian, chatted, Maria Sánchez, Sánchez, Tacho Rufino, Rufino, Pedro Sánchez, Alberto Núñez Feijóo Organizations: Afp, Getty, CNBC, del Triunfo, University of Seville, People's Party, United Nations, PP, European Commission, La, Europa Press, Greenpeace, Observatory Locations: Sevilla, Spanish, Andalusia, SEVILLE, Spain, Europe, Greece, Italy, Albania, Seville, del, Cádiz, Cadiz, Puntagorda, La Palma, Canary Islands
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