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OSLO (AP) — The winner of the prestigious Nobel Peace Prize is being announced Friday, chosen by a panel of experts in Norway from a list of just over 350 nominations. Unlike the other Nobel prizes that are selected and announced in Stockholm, founder Alfred Nobel decreed that the peace prize be decided and awarded in Oslo by the five-member Norwegian Nobel Committee. People who can make nominations include former Nobel Peace Prize winners, members of the committee, heads of states, members of parliaments and professors of political science, history and international law. A day earlier, the Nobel committee awarded Norwegian writer Jon Fosse the prize for literature. Hungarian-American Katalin Karikó and American Drew Weissman won the Nobel Prize in medicine on Monday.

Persons: Vladimir Putin, Nelson Mandela, Barack Obama, Mikhail Gorbachev, Aung, Kyi, Alfred Nobel, Jon Fosse, Moungi Bawendi, Louis Brus, Alexei Ekimov, Anne L’Huillier, Pierre Agostini, Ferenc Krausz, Karikó, Drew Weissman Organizations: Belarusian, United Nations, Peace, Bank of Sweden, Economic Sciences Locations: OSLO, Norway, Ukraine, Belarus, Russia, Stockholm, Oslo, Norwegian, U.S, Swedish, French, Hungarian

CNN —The 2023 Nobel Prize in literature has been awarded to Jon Fosse for “his innovative plays and prose which give voice to the unsayable,” the Swedish Academy announced in Stockholm on Thursday. His work consists of around 40 plays, as well as a number of novels, poetry, essays, children’s books and translations. The committee lauded the author’s style, which has come to be known as “Fosse minimalism.”“Fosse presents everyday situations that are instantly recognizable in our own lives. Jon Fosse at Oslo's Norwegian Theater in September 2019. Male writers have also historically dominated the award: Of the 120 laureates in literature, only 17 have been women.

Persons: Jon Fosse, ” “, –, “, Håkon Mosvold Larsen, NTB, Fosse, Samuel Beckett, Georg Trakl Organizations: CNN, Swedish Academy, Fosse, Oslo's, Getty Locations: Stockholm, Norway, AFP, Austrian

STOCKHOLM (AP) — The Nobel Prize in literature will be announced Thursday, with the new laureate, or laureates, joining an illustrious list of past winners that ranges from Toni Morrison to Ernest Hemingway and Jean-Paul Sartre — who turned down the prize in 1964. Ernaux was just the 17th woman among the 119 Nobel literature laureates. The literature prize has long faced criticism that it is too focused on European and North American writers, as well as too male-dominated. The Nobel Peace Prize is awarded Friday and the Nobel Memorial Prize in Economic Sciences ends the awards season on Monday. The Nobel Prizes carry a cash award of 11 million Swedish kronor ($1 million) from a bequest left by the prize’s creator, Swedish inventor Alfred Nobel.

Persons: —, Toni Morrison, Ernest Hemingway, Jean, Paul Sartre —, Annie Ernaux, Ernaux, Moungi, Louis Brus, Alexei Ekimov, Karikó, Drew Weissman, Anne L’Huillier, Pierre Agostini, Ferenc Krausz, Alfred Nobel, ___ Corder Organizations: STOCKHOLM, Swedish Academy, North, MIT, Louis Brus of Columbia University, Nanocrystals Technology Inc, COVID, Economic Sciences Locations: Normandy, France, Hungarian, French, Swedish, The Hague, Netherlands

A scientist who studies the airborne transmission of diseases, a master hula dancer and cultural preservationist, and the sitting U.S. poet laureate were among the 20 new recipients of the prestigious fellowships from the John D. and Catherine T. MacArthur Foundation, known as “genius grants,” announced on Wednesday. MacArthur fellows receive a grant of $800,000 over five years to spend however they want. Fellows are nominated and endorsed by their peers and communities through an often yearslong process that the foundation oversees. Many past fellows like Octavia Butler, Paul Farmer and Twyla Tharp are luminaries in their fields and Marlies Carruth, who directs the MacArthur Fellows program, emphasized that they hope fellows will support and inspire each other. "To think that I’ve actually been selected as one is really mind-blowing,” she said, of the MacArthur fellows.

Persons: John D, Catherine T, ”, MacArthur, it’s, Ada Limón, Allamay Barker, “, Limón, ” Limón, Octavia Butler, Paul Farmer, Twyla Tharp, Carruth, Andrea Armstrong, Patrick Makuakāne, Imani Perry, Linsey Marr, Marr, Ian Bassin, Bassin, Tendayi, Rina Foygel Barber, Courtney Bryan, Jason D, María Magdalena Campos, Pons, Raven Chacon, Diana Greene Foster, Lucy Hutyra, Carolyn Lazard, Lester Mackey, Manuel Muñoz, Williams, Amber Wutich Organizations: MacArthur Foundation, University of Montevallo, NASA, Marlies Carruth, MacArthur Fellows, Loyola University New Orleans, College of Law, Black, Virginia Tech, Protect Democracy, MacArthur, Mexican American, Associated, Lilly Endowment Inc, AP Locations: Lexington , Kentucky, Alabama, Louisiana, Caribbean, Americas, Mexican, Central

☆ The next United Nations Secretary General? This Caribbean climate leader makes diplomats 'jump' with excitement
▼ + stars: | 2023-09-29 | by ( Stephanie Fillion | ) edition.cnn.com time to read: +8 min

United Nations CNN —Asked last week if she will run to become the United Nations’ next Secretary General, Prime Minister Mia Mottley of Barbados gave a thumbs up, smiled, and walked away. Fighting for a woman at the helmThe UN’s next Secretary General would take office in January 2027. “There’s always lots of men that want to run,” said Ben Donaldson, head of campaigns at the United Nations Association of the United Kingdom. “It’s not so much about talking about a Julie or Anne, or Mary, it is more about talking about a Madame Secretary General as a general proposition, and then making sure that we pave the way to get there,” she said. “I believe that men should run next time around as I believe women should run in their numbers,” he said.

Persons: United Nations CNN —, Mia Mottley, Mottley, Juan Manuel Santos –, –, Santos, Rafael Grossi, António Guterres, Alicia Bárcena, Rebeca, Maria Fernanda Espinosa Garcés, “, Ralph Gonsalves, Saint Vincent, ”, Guterres, Obama, Richard Gowan, ” Elina Valtonen, ” Valtonen, it’s, Ben Donaldson, “ I’m, Susana Malcorra, It’s, Julie, Anne, Mary, Dennis Francis, doesn’t, ” Julia Maciel Organizations: United Nations CNN, United Nations ’, UN, United Nations, International Atomic Energy Agency, Assembly, CNN, International Monetary Fund, General, Chevron, European Union, Bridgetown Initiative, IMF, World Bank, Crisis, UN Security Council, Security Council, Security, United Nations Association of, Global, Madame Locations: Barbados, America, Caribbean, New York, Colombian, Costa Rica, Ecuador, Grenadines, Venezuela, Bridgetown, COP28, New York City, UN, Portuguese, United Kingdom, Trinidad and Tobago, Ukraine, Paraguay

☆ Exclusive: East Timor president says China military cooperation was 'never discussed'
▼ + stars: | 2023-09-29 | by ( Kirsty Needham | ) www.reuters.com time to read: +5 min

The agreement also provided scope for funding from China including government and commercial loans to East Timor, he said. "It was never discussed in terms of military cooperation, never discussed, and the Chinese side also never raised this issue," Ramos-Horta said. East Timor, also known as Timor Leste, aims to join the Southeast Asian regional bloc ASEAN by 2025 as it seeks to reduce high poverty rates. Australia has appointed an envoy to speed up negotiations between East Timor and Woodside; Gusmao's government wants gas to be piped to East Timor and not Australia. Australia's relationship with East Timor is "stronger than at any time in the last decade", Australia's Department of Foreign Affairs said in a statement.

Persons: Jose Ramos, Caitlin Ochs, Horta, Xanana Gusmao, Xi Jinping, heightening, Ramos, Kirsty Needham, Lincoln Organizations: Sustainable, United Nations, REUTERS, Rights, East, Reuters, Southeast, ASEAN, Canberra, Woodside Energy, Greater Sunrise, Greater, Australia, UN's, Fund for Agricultural Development, Global Citizen, Pacific, Australia's Department of Foreign Affairs, Thomson Locations: Horta, Timor, New York City , New York, U.S, East Timor, China, Australia, Indonesia, Canberra, Solomon Islands, 2,000km, Timor Leste, ASEAN, Singapore, Malaysia, East Timor's, Dili, Greater Sunrise, Southeast Asia, Woodside, New York

☆ Exclusive: Timor president says China military cooperation 'never discussed'
▼ + stars: | 2023-09-29 | by ( Kirsty Needham | ) www.reuters.com time to read: +5 min

The agreement also provided scope for funding from China including government and commercial loans to East Timor, he said. Some Australian politicians expressed concern after China's state media reported on Saturday that Beijing's agreement with East Timor, around 700km (450 miles) north-west of Australia, also covered military exchanges. "It was never discussed in terms of military cooperation, never discussed, and the Chinese side also never raised this issue," Ramos-Horta said. East Timor, also known as Timor Leste, aims to join the Southeast Asian regional bloc ASEAN by 2025 as it seeks to reduce high poverty rates. Australia has appointed an envoy to speed up negotiations between East Timor and Woodside; Gusmao's government wants gas to be piped to East Timor and not Australia.

Persons: Jose Ramos, Caitlin Ochs, Horta, Xanana Gusmao, Xi Jinping, heightening, Ramos, Kirsty Needham, Lincoln, 私 Organizations: Sustainable, United Nations, REUTERS, Rights, East, Reuters, Southeast, ASEAN, Canberra, Woodside Energy, Greater Sunrise, Greater, Australia, UN's, Fund for Agricultural Development, Global Citizen, Pacific Locations: Horta, Timor, New York City , New York, U.S, East Timor, China, Australia, Indonesia, Canberra, Solomon Islands, 2,000km, Timor Leste, ASEAN, Singapore, Malaysia, East Timor's, Dili, Greater Sunrise, Southeast Asia, Woodside, United States, New York

NEW YORK (AP) — If another pandemic happens, the world will again be unprepared. That’s the bleak assessment of former New Zealand prime minister Helen Clark, who co-chaired the Independent Panel for Pandemic Preparedness and Response, after the U.N. General Assembly held a high-level summit aimed at heading off another pandemic. Other pandemic experts who tracked months of negotiations on the 13-page declaration adopted by the assembly’s 193 member nations were disappointed, too. “I think it’s fair to say that the declaration is a missed opportunity,” Clark said in an interview with The Associated Press on the sidelines of the General Assembly's high-level leaders' meeting. Clark also ticked off the catastrophic economic impacts of the pandemic: a $25 trillion loss to the global economy, and debt and default enveloping many developing countries.

Persons: Helen Clark, ” Clark, Nelson Mandela, Clark, “, Adhanom Ghebreyesus, wasn't, Antonio Guterres, ” Guterres, Ellen Johnson Sirleaf, ”, “ We’ve, Edith M, Lederer Organizations: New, Pandemic Preparedness, General Assembly, Associated Press, Health Organization, Pandemic, Liberian, General, The Associated Press Locations: New Zealand

☆ China, resource-rich East Timor upgrade bilateral ties
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +3 min

He said he would continue to foster a relationship with the United States, but added that East Timor would not be implicated in any rivalry between Beijing and Washington. East Timor welcomes strong ties with all countries, including its southern neighbour Australia, Ramos-Horta said last year. Upgrading their ties, China and East Timor agreed to cooperation under the Belt and Road Initiative championed by Xi, that could open the way for investment in infrastructure. China sent its military-run hospital ship to the Pacific in July to visit countries including East Timor and the Solomon islands. In a joint declaration, released on state run China Central Television (CCTV) on Saturday, China said it would provide help for East Timor's economic and societal development.

Persons: Xanana Gusmao, Mast, Xi Jinping, Jose Ramos, Ramos, Horta, Xi, Albee Zhang, Ryan Woo, Simon Cameron, Moore Organizations: Timor's, 43rd Association of Southeast Asian Nations, ASEAN, Rights, East Timor's, Asian Games, East, Washington . East Timor, Initiative, Pacific, China Central Television, Greater, Thomson Locations: Jakarta, Indonesia, Rights BEIJING, China, East Timor, Beijing, Hangzhou, Horta, United States, Timor, Washington . East, Australia, Southeast Asia, New Zealand, Solomon, Greater Sunrise

For developing countries, the top priority is the U.N.’s two-day summit starting Monday aimed at generating action by world leaders to achieve 17 wide-ranging and badly lagging global goals by 2030. With the four leaders sending lower-ranking ministers, Ukraine President Volodymyr Zelenskyy is certain to grab even more attention, with the war in its 19th month and no end in sight. Guterres, who says the Ukraine war has aggravated divisions, said the current shift to a fragmented “multipolar world” isn’t going to solve the planet's myriad issues. Switzerland’s U.N. ambassador, Pascale Baeriswyl, said the summit on the 17 U.N. goals is the most important event this week apart from one-on-one meetings between world leaders. Gowan said Zelensky’s visit to New York is an opportunity for him to engage leaders from the global South and others he hasn’t met.

Persons: Ellen Johnson Sirleaf, Joe Biden, Xi Jinping, Vladimir Putin, didn’t, Emmanuel Macron, Britain’s King Charles, Rishi Sunak, Antonio Guterres, ”, Richard Gowan, U.N, Volodymyr Zelenskyy, Biden, Zelenskyy, Sergey Lavrov, Guterres, Pascale Baeriswyl, Gowan, hasn’t, ” Guterres, “, Edith M, Lederer Organizations: UNITED NATIONS, United, General, Liberian, . Security, International, Crisis, United Nations, Russian, Security Council, World Bank, International Monetary, The Associated Press Locations: Ukraine, United Nations, Johannesburg, Brazil, Russia, India, China, South Africa, Russian, New York, Paris, New Delhi, U.N, West

NEW YORK (AP) — Nobel laureate Kazuo Ishiguro's next book will be one for music lovers. Alfred A. Knopf announced Thursday that Ishiguro's “The Summer We Crossed Europe in the Rain,” coming out March 5, is a collection of lyrics written for the million-selling jazz singer Stacey Kent. The book combines older compositions dating back to 2007 and four “cinema” works for an upcoming project with Kent. “The Summer We Crossed Europe in the Rain” also includes an introduction by Ishiguro, illustrations by the Italian artist Bianca Bagnarelli and a QR code that links to an album of Kent performing songs by the author. Political Cartoons View All 1160 Images

Persons: — Nobel, Kazuo Ishiguro's, Alfred A ., ”, Stacey Kent, Ishiguro, Kent, ” Ishiguro, “, Bianca Bagnarelli, “ Kazuo Ishiguro, Stacy Kent, Jordan Pavlin Organizations: Alfred A . Knopf Locations: Ishiguro, Kent, Italian, American

NEW YORK (AP) — A comprehensive new biography of the Rev. Martin Luther King Jr, a memoir on family by the prize-winning novelist Viet Thanh Nguyen and an exploration of the crack epidemic of the 1980s and 1990s are among 10 books on the nonfiction longlist of the National Book Awards. The National Book Foundation, which presents the awards, also released its poetry longlist Thursday, a day after announcing 10 nominees each in the categories of young people's literature and books in translation. Judges will next month reduce each list to five finalists, with the winners to be announced during a Manhattan dinner ceremony on Nov. 15. Political Cartoons View All 1160 ImagesOthers on the poetry longlist are John Lee Clark's “How to Communicate,” Oliver de la Paz's “The Diaspora Sonnets,” Annelyse Gelman's “Vexations,” José Olivarez's “Promises of Gold,” Brandon Som's “Tripas,” Charif Shanahan's “Trace Evidence” and Evie Shockley's “suddenly we.”

Persons: Martin Luther King Jr, Viet Thanh Nguyen, Jonathan Eig's “, Nguyen's, ” Donovan X, Ned Blackhawk's “, Prudence Peiffer's, Cristina Rivera Garza's “ Liliana’s, ” Christina Sharpe's, ”, Shehadeh's, ” John Vaillant's, Williams, Monica Youn, Paisley Rekdal, Craig Santos Perez, John Lee Clark's, ” Oliver de la, ” Brandon Som's “, Evie Shockley's “ Organizations: Book Foundation, Native Peoples, New York, Justice, “ Locations: Manhattan, America, ” Utah

☆ Nobel laureate Ressa acquitted in Philippine tax case
▼ + stars: | 2023-09-12 | by ( Mikhail Flores | ) www.reuters.com time to read: +2 min

[1/4] Philippines Nobel laureate Maria Ressa faces the media after she and her news site Rappler were acquitted of tax fraud by a trial court in Pasig City, Metro Manila, Philippines, September 12, 2023. After the verdict was announced, Ressa told reporters Her acquittal sends a "good signal" to the business community, as her tax charges "have a lot to do with the rule of law". "The acquittal now strengthens our resolve to continue with the justice system, to submit ourselves to the court despite the political harassment, despite the attack on press freedom," Ressa said. Ressa's acquittal was expected after she was cleared of similar tax charges nine months ago. President Ferdinand Marcos Jr, who has been in office for 14 months, has said he would not interfere in the court cases against Rappler.

Persons: Maria Ressa, Rappler, Eloisa Lopez, Rodrigo Duterte, Ressa, Ferdinand Marcos Jr, Francis Lim, Mikhail Flores, Martin Petty, Kanupriya Kapoor Organizations: REUTERS, Rappler, World Press, Thomson Locations: Philippines, Pasig City, Metro Manila, MANILA, Russian

☆ Nobel laureate Maria Ressa acquitted in Philippine tax case
▼ + stars: | 2023-09-12 | by ( ) www.cnbc.com time to read: +1 min

Philippine journalist and Nobel laureate Maria Ressa reacts outside the Pasig Regional Trial Court following her acquittal in a tax evasion case in Pasig, Metro Manila on Sept. 12, 2023. Philippines Nobel laureate Maria Ressa and her news site Rappler were acquitted of tax fraud by a trial court on Tuesday, in another legal victory for the embattled journalist. After the verdict was announced, Ressa told reporters she felt "good" about the court's decision. Ressa's acquittal was expected after she was cleared of similar tax charges nine months ago. Ressa, 59, is currently on bail and was convicted in 2020 for cyber libel in one of several cases against the website filed by government agencies.

Persons: Maria Ressa, Rappler, Ressa, Rodrigo Duterte Locations: Philippine, Pasig, Metro Manila, Philippines, Russian

The Nobel Prize-winning journalist Maria Ressa on Tuesday was acquitted by a Philippine court of tax fraud, the latest legal victory in her fight for the survival of her news site Rappler, which has come to represent the precariousness of the nation’s press freedoms. A regional trial court in Pasig City, near Manila, found that Ms. Ressa did not violate the country’s tax code, according to the ruling. It was the fifth and final tax-related charge against Ms. Ressa, who faced a fine and up to 10 years in prison, and her publication, according to a statement from Rappler. Ms. Ressa, the Philippines’ most prominent journalist, has been the target of harassment and intimidation since she founded the news site in 2012. She has faced a series of civil and criminal cases, including charges of tax evasion and violations of foreign ownership rules.

Persons: Maria Ressa, Ressa, Ms, ” Locations: Philippine, Pasig City, Manila, Philippines

☆ Aung San Suu Kyi's son 'extremely worried' about his mother's health
▼ + stars: | 2023-09-12 | by ( Andrew Macaskill | ) www.reuters.com time to read: +3 min

Kim Aris, the son of Myanmar's detained former leader Aung San Suu Kyi, attends an interview at Reuters' office in London, Britain, September 11, 2023. REUTERS/Alishia Abodunde/File photo Acquire Licensing RightsLONDON, Sept 12 (Reuters) - The son of Aung San Suu Kyi, Myanmar's detained former leader, said he was "extremely worried" about his mother's health, saying she was struggling to eat and was being refused permission to see an outside doctor. Suu Kyi is facing 27 years of detention related to 14 criminal offences. In August the military pardoned Suu Kyi on five of the 19 offences for which she was convicted but said she would remain under house arrest. State media reported she had been moved from jail to house arrest shortly before.

Persons: Kim Aris, Myanmar's, Aung San, Aung San Suu Kyi, Alishia, Aung, Suu Kyi, Suu Kyi's, Suu, Aris, Andrew MacAskill, Alexandra Hudson Organizations: Reuters, REUTERS, Aris, European, Britain, Alexandra Hudson Our, Thomson Locations: Aung San Suu, London, Britain, Suu, Myanmar, United States, European Union

☆ Maria Ressa: Philippine Nobel laureate acquitted of last tax evasion charge
▼ + stars: | 2023-09-11 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +1 min

Hong Kong CNN —Philippine Nobel Peace laureate Maria Ressa was acquitted of tax evasion Tuesday, according to her news site Rappler, in the latest legal victory for the veteran journalist. Ressa and Rappler are now cleared of all five tax-related charges filed during the administration of former President Rodrigo Duterte, according to CNN affiliate CNN Philippines. “This is really a win not just for Maria … but a win for the Philippines,” Ressa’s lawyer Francis Lim told supporters outside Regional Trial Court in Pasig city. The ruling comes eight months after Ressa was cleared of four earlier counts of tax violations filed in 2018 by Duterte’s government. She won the 2021 Nobel Peace Prize, along with Russian journalist Dmitry Muratov, for her efforts to safeguard freedom of expression in the Philippines.

Persons: Maria Ressa, Ressa, Rodrigo Duterte, Maria …, ”, Francis Lim, Dmitry Muratov Organizations: Hong Kong CNN —, CNN, CNN Philippines Locations: Hong Kong, Hong Kong CNN — Philippine, Philippines, Pasig city, “, Russian

The National Book Foundation, the nonprofit which presents the book awards, announced Friday that Dove is this year’s winner of its medal for Distinguished Contribution to American Letters, an honor previously given to Toni Morrison, Edmund White and Art Spiegelman among others. She is best known for her poetry, but has worked in other art forms and is currently planning a memoir. “Dove’s work transforms the everyday into the remarkable, brilliantly blending music, politics, and, let’s not forget, pleasure.”Political Cartoons View All 1148 ImagesThe National Book Award ceremony is scheduled for Nov. 15 in Manhattan, with Drew Barrymore hosting. Dove has received so many previous honors, lifetime and competitive, that it’s almost surprising the book foundation didn’t get around to her sooner. A fellow Pulitzer winner, poet Jericho Brown, will introduce Dove at the National Book Awards.

Persons: —, Rita Dove, I’m, Toni Morrison, Edmund White, Spiegelman, “ Thomas, Beulah, ”, Oscar, John Williams, Rita Dove’s, ” Ruth Dickey, “, let’s, Drew Barrymore, Dove, Paul Yamazaki, Lawrence Ferlinghetti, Ruth Lilly, Jericho Brown, Shakespeare, William Blake, Rosa Parks, Fred Viebahn, Cave Organizations: Book Foundation, Luck, Lights Booksellers & Publishers, Poet, City, Presidential, University of Miami, University of Iowa, Pulitzer, Humanities, of Arts, NAACP, Poetry Foundation, Library of Congress, American Academy of Arts and, University of Virginia Locations: Ivory, Manhattan, San Francisco's, Akron , Ohio, Ohio, Charlottesville , Virginia, New York City

☆ How to Make Health Care Cheaper and Better - The New York Times
▼ + stars: | 2023-09-06 | by ( Peter Coy | ) www.nytimes.com time to read: +2 min

Louisiana successfully used a sort of subscription model to ensure access to antiviral drugs against hepatitis C for people on Medicaid and in prison, the Rebitzers wrote. Patients’ incentives to restrain health care spending are limited to whatever they spend on deductibles and co-pays. Health care is one of the only parts of the economy where “slightly worse but much cheaper” is not even on the mental map, the Rebitzers wrote. The adversarial approach to health insurance, in which insurers spend huge sums scrutinizing claims, is enormously wasteful, the Rebitzers wrote. Another idea: “Trusted third parties could manage and attest to the validity of payments, as with credit card payments.”The Rebitzers acknowledge that in health care, especially, economic incentives don’t always work.

Persons: laud, don’t, Robert Shiller, ” Organizations: American Board, Internal, ABIM, Yale Locations: Louisiana, Europe, United States

☆ ASEAN is ‘at a loss for ideas’ on how to address Myanmar crisis, says Indonesia's ex-foreign minister
▼ + stars: | 2023-09-05 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

Myanmar migrant workers hold a portrait of Aung San Suu Kyi during the march to mark International Labor Day in Bangkok, calling for the workers rights and protesting against the Myanmar military government on May 1, 2023. "I get the sense that ASEAN is at a loss for ideas … one can speak with eloquence about one individual member state's wish to happen in Myanmar. "At the moment, I'm reminded more about the divisions rather than the unity … this is not only a litmus test for ASEAN, but in my view is an existential threat to ASEAN," Natalegawa added. Myanmar's military administration, however, has not implemented the peace plan — despite agreeing to it two months after the democratic government was overthrown by the coup. "Some ASEAN member states in dispute feel that they are not being provided a common ASEAN home, so as if they are left on their own devices to deal with this issue," said Natalegawa.

Persons: Aung, Suu Kyi, Marty Natalegawa, CNBC's JP Ong, Marty Natalegawa Indonesia's, Natalegawa, Min Aung Organizations: International Labor, Myanmar, Getty, ASEAN, CNBC, 43rd Association of Southeast, Nations, Suu, Reuters Locations: Myanmar, Suu, Bangkok, Indonesian, Jakarta, South China, Brunei, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, Vietnam

☆ Russia labels Nobel-winning journalist 'foreign agent'
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Yulia Morozova/File Photo Acquire Licensing RightsSept 2 (Reuters) - Russian authorities on Friday designated Nobel Prize-winning journalist Dmitry Muratov as a "foreign agent," a move often aimed at critics of Kremlin policies. So-called foreign agents have been subjected to police searches and other punitive measures. The Justice Ministry said Muratov "created and disseminated material (produced by) foreign agents and used it to spread negative opinions of Russia's foreign and domestic policies on international platforms". Under Russian law, individuals and organizations receiving funding from abroad can be declared foreign agents, potentially undermining their credibility with the Russian public. Those deemed foreign agents must mark their published work with a disclaimer noting their status.

Persons: Dmitry Muratov, Oleg Orlov, Russia's, Yulia Morozova, Muratov, Alexei Navalny, Ron Popeski, Cynthia Osterman Organizations: Novaya Gazeta, REUTERS, Kremlin, Reuters, Thomson Locations: Moscow, Russia, Russian, Ukraine, Latvia, Chechnya

☆ Nobel Prize foundation bars Russia from awards ceremony after 'strong reactions'
▼ + stars: | 2023-09-02 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

The Nobel Foundation on Saturday retracted its invitation to Russia, citing "strong reactions." Russia's ambassador to Sweden will no longer attend the Nobel Prize awards ceremony in Stockholm. Russian diplomats will still be invited to the Nobel Peace Prize award ceremony in Oslo, Norway. The invitations prompted some Swedish politicians to announce they would boycott this year's awards ceremony. However, "As before," diplomats from Russia, Iran, and Belarus will still be invited to attend a separate, parallel ceremony for the Nobel Peace Prize in Oslo, Norway.

Persons: Stenevi, Vidar Helgesen, Ales Bialiatski, Dmitry Muratov, Muratov Organizations: Service, Foundation, Nobel Foundation, Associated Press, Ukraine, The Washington Post, Kremlin, Russian, Novaya Gazeta Locations: Russia, Sweden, Stockholm, Russian, Oslo, Norway, Wall, Silicon, Ukraine, Belarus, Iran, Trump, Moscow

☆ Huge government spending is undermining the Fed's inflation battle, markets guru Larry McDonald warns
▼ + stars: | 2023-09-01 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Massive government spending is fueling inflation, according to markets guru Larry McDonald. "Washington is stepping on the gas and the brakes at the same time," he said Thursday. McDonald’s warning comes with the Federal Reserve’s chosen inflation gauge still running clear of its 2% target. "Let's 'fight inflation' with government spending up 10-15% year over year, a trending $1.7 trillion federal deficit for 2023," the Bear Traps Report founder said on X Thursday. "No one is calling them out… Washington is stepping on the gas (colossal deficit spending) and the brakes (epic rate hikes) at the same time," McDonald added.

Persons: Larry McDonald, McDonald, Biden, Nobel, Paul Krugman Organizations: Federal, Service, Fed, Biden, American Locations: Washington, Wall, Silicon, America

☆ 'Really bad economics': Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation
▼ + stars: | 2023-09-01 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Mike Green | CNBCThe Federal Reserve "didn't do their homework" and mischaracterized the spike in inflation that has plagued the U.S. economy over the last two years, according to Nobel Prize-winning economist Joseph Stiglitz. The Fed didn't start hiking rates until March 2022 and Chair Jerome Powell repeatedly insisted that inflation was "transitory," indicating that it could be easily tamed. watch nowInstead, Stiglitz said that the price rises were often driven by other factors, such as a shortage of key components like semiconductor chips. In an effort to drag inflation back down towards its 2% target, the Fed has now hiked interest rates 11 times in total to a target range of 5.25%-5.5%, the highest level for more than 22 years. American auto companies forgot to put in orders for chips, and for want of a chip, you can't make a car."

Persons: Mike Green, Joseph Stiglitz, Jerome Powell, Stiglitz, CNBC's Steve Sedgwick Organizations: CNBC, Federal, Fed Locations: U.S

☆ Former Treasury Secretary Larry Summers faces backlash from Jim Bianco, Paul Krugman for inflation 'chart crime'
▼ + stars: | 2023-08-25 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +3 min

Former Treasury chief Larry Summers got panned for posting a graph suggesting US inflation could be tracing the same path now as in the 1970s. Nobel laureate Paul Krugman said the chart was "problematic on many fronts", adding the 1970s story was different. Market veteran Jim Bianco slammed the post as "chart crime", pointing out scale and calculation inconsistencies. In another post, Summers urged the Federal Reserve to reject suggestions that inflation is "securely under control." "Lots of people beating up on Larry Summers over his chart making recent disinflation look just like the mid-70s disinflation, which reaccelerated.

Persons: Larry Summers, Nobel, Paul Krugman, Jim Bianco, Summers, Bianco Organizations: Treasury, Service, Federal Reserve, Bianco Research Locations: Wall, Silicon

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