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Peskov did not provide any evidence to his claims, nor additional details regarding the alleged attack, saying that information would be released later. Earlier this week, Russia claimed Ukraine launched a drone strike targeting the Kremlin in an attempt to assassinate Russian President Vladimir Putin, calling it a “planned terrorist attack.” Ukraine has strongly denied any involvement. The United States had nothing to do with this. Fabrice Coffrini/AFP/Getty ImagesRyabkov also accused US officials of trying to “promote the idea of Washington’s non-involvement” in the purported drone attack, TASS reported. “Washington has long been a direct party to the Ukrainian conflict and aims to destroy sovereign Russia,” he said, according to TASS.
Before March, the number of small- and mid-sized businesses filing for bankruptcy was already on the rise, meaning the bank turmoil only exacerbates an existing trend. What risks are you watching as far as a credit crunch in the US for the coming months? First Citizens, the company that bought Silicon Valley Bank's assets, is run by a family that's no stranger to buying failed banks. The bank is run by a billionaire North Carolina family that's bought over 20 small failed banks since 2008. With the recent takeover, it's poised to stand among the largest 20 banks in the US.
Trump told supporters gathered at Waco’s airport on Saturday that the investigations swirling around him were “something straight out of the Stalinist Russia horror show.”“From the beginning it’s been one witch hunt and phony investigation after another,” he said. “I’m not a big fan,” Trump said of DeSantis, accusing of him of plotting to slash social security. Several times Trump repeated the false claim that his election loss in 2020 was due to a systemic fraud orchestrated by the Democrats. He described some American officials and senior U.S. politicians - including Senate Republican leader Mitch McConnell - as a bigger threat to America than China or Russia. “Either the Deep State destroys America or we destroy the Deep State,” Trump said.
“The Biden regime’s weaponization of law enforcement against their political opponents is something straight out of the Stalinist Russia horror show,” Trump said. Trump depicted the United States as a failed state whose economy was in freefall - a description at odds with the country’s record-low unemployment rate. Several times Trump repeated the false claim that his election loss in 2020 was due to a systemic fraud orchestrated by the Democrats. “Either the Deep State destroys America or we destroy the Deep State,” Trump said. Speaking ahead of Trump’s speech, Matt Schomburg, 45, said he believed the rally was a way to energize his supporters for the 2024 race.
LAUSANNE, Switzerland, March 20 (Reuters) - U.S. hedge fund Citadel expects a tighter credit environment following the latest banking crisis but so far the economic decline is not enough to plunge commodities into the abyss, its head of commodities told Reuters. The hedge fund giant, which was based in Chicago but recently moved to Miami, manages roughly $60 billion in assets. We need to have a 5-6% global GDP cut to have a major impact on commodities," he said. Citadel, run by billionaire Ken Griffin, ended 2022 with a $16 billion gain last year, the biggest profit ever earned by a hedge fund. "The macro backdrop remains an unanswered question as OPEC assesses impact on demand.
On tap, we've got stories on the top VCs in Texas, more headaches for Blackstone's BREIT, and why boomers stink. Maybe it's just the fear of facing your own mortality and realizing that life, in fact, will go on without you. As Rebecca Ungarino reports, the world's largest hedge fund is making a slew of new changes less than six months after billionaire founder Ray Dalio stepped aside. Bridgewater, which was founded in 1975 from Dalio's two-bedroom apartment, is arguably just as well known for its culture as its size. Edited by Jeffrey Cane (tweet @jeffrey_cane) in New York and Hallam Bullock (tweet @hallam_bullock) and Nathan Rennolds (tweet @ncrennolds) in London.
French football bracing itself for Black Tuesday
  + stars: | 2023-02-27 | by ( ) www.reuters.com   time to read: +3 min
PARIS, Feb 27 (Reuters) - French football is bracing itself for a major shakedown as both the president of the federation (FFF) and the women's head coach are expected to resign from their positions on Tuesday. Should he refuse to step down, Le Graet, 81, could be brought before the FFF's disciplinary committee or the executive committee could resign to force new elections. According to a report in French multimedia outlet RMC Sport, Renard will not play for the national team as long as Diacre is in charge. The 48-year-old Diacre, who in 2014 became the first French woman to coach a men's team when she took charge of then Ligue 2 side Clermont, was appointed France head coach in 2017. Diacre had previously attracted criticism from other French players, including Gaetane Thiney and Sarah Bouhaddi.
It will play out and reverberate for years or decades, Hagen told me. “The pathological normal,” Hagen calls it: a patchwork of homespun, bespoke realities, each one invested in a different story about what exactly happened when Covid ruptured the story of our lives. garb.”More than once, life seemed to be attaining “an uncanny resemblance to normal life,” as one man put it. But because we don’t totally understand where that experience has delivered us, we don’t know the right gloss to give it. “The days are strange,” one public-school teacher told Milstein toward the end of his first interview, in May 2020.
Doll says the S&P 500 will drop to 3,400 if a mild recession unfolds. If a more normal recession (more severe than a mild downturn) comes, Doll said the index could fall to 3,000. The Fed's recession probability tracker based on the yield curve also now puts the odds of a recession at 57%. Subramanian expects the S&P 500 to fall as low as 3,000, a view shared by Morgan Stanley's Mike Wilson. If trouble hits, like Doll and much of Wall Street expects, stocks could extend their fall to new lows.
Bank of America shares where to invest in a recession: high quality; low risk; large caps; small caps; and stocks that generate high free cash flow. It can be difficult to pinpoint where in a market cycle stocks are — to be able to tell whether there's further downside in a sell-off, or whether stocks have already seen their lowest point. "We have found that factor behavior is relatively predictable during different phases of the US Regime Indicator," Subramanian added. Bank of AmericaFurther, Subramanian said stocks that generate high cash flow should also outperform in the current late cycle environment and into the downturn phase. "As the market cycle matures, companies that continue to generate healthy free cash become scarcer and sought after," she said.
John Keats Stares Into the Abyss, Boldly
  + stars: | 2023-02-11 | by ( David Lehman | ) www.wsj.com   time to read: 1 min
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Apple's price target was cut by more than 12% to $175 at Wedbush Securities on Wednesday. Demand headwinds are creeping into Apple's growth story but the overall picture is more resilient than Wall Street is seeing, the firm said. It cut its price target on Apple by 12% to $175 from $200 and held onto its outperform rating. Meanwhile, Apple's underlying demand story still has more than 200 million iPhone units that haven't been upgraded in about four years. The new $175 price target reflects a more base-case valuation in an uncertain environment with some demand headwinds starting to creep into Apple's growth story, said Ives.
CARACAS, Venezuela — For three years, Juan Guaidó led the Venezuelan opposition’s efforts to bring about new elections and remove socialist President Nicolás Maduro. The vote reflects a changing balance of power within the opposition, which is trying to find new ways to connect with voters ahead of the nation’s 2024 presidential election. Three of Venezuela’s four main opposition parties backed the proposal to remove Guaidó, who was supported only by his own Popular Will party. After the vote, Guaidó said the move would create a “power vacuum” that could encourage more foreign nations to recognize the Maduro administration. So the opposition legislators created an “interim government,” headed by Guaidó, that was meant to last until Maduro stepped down and free elections could be held.
Venezuela opposition removes interim President Guaido
  + stars: | 2022-12-31 | by ( Mayela Armas | ) www.reuters.com   time to read: +2 min
Supporters say opposition control of foreign assets is not at risk and the dissolution is necessary for unity ahead of the elections. "There are already tools to protect the assets in the United States, the United Kingdom, Portugal," said Justice First lawmaker Juan Miguel Matheus. Both the article eliminating the interim government and the article creating the assets commission passed with 72 votes in favor, 29 against and 8 abstentions. Guaido, whose Voluntad Popular party did not back the effort, had urged lawmakers to replace him instead of dissolving the interim government. The United States will continue to support the opposition, the assembly and the interim government "regardless of what form it takes," a spokesperson for the U.S. National Security Council said on Friday.
Dealmakers will be lucky to eke out a 2022 repeat
  + stars: | 2022-12-29 | by ( Jeffrey Goldfarb | ) www.reuters.com   time to read: +3 min
NEW YORK, Dec 29 (Reuters Breakingviews) - As with often value-destructive mergers and acquisitions, the numbers aren’t adding up for dealmakers. Meanwhile, deal volume tumbled to about $3.5 trillion, 36% down from the same time a year earlier, though it stayed ahead of 2020’s pace. Private equity firms already accounted for an all-time high of 22% of deal volume in 2022. As potentially bleak economic circumstances loom, bankers will be lucky to eke out a repeat of 2022. CONTEXT NEWSWorldwide mergers and acquisitions volume for 2022 stood at $3.5 trillion as of Dec. 12, according to Refinitiv data.
Naturally, Elon Musk, the platonic ideal of the peculiar self-aggrandizing, self-parodying personality type that thrived during the Trump years and peaked during the pandemic, tops this list. By 2022, the media had pronounced him variously the next Warren Buffett, J.P. Morgan and Charles Koch. "bye bye @trussliz Congrats to lettuce", tweeted Putin's one-time stand-in Dmitry Medvedev, to which Elon Musk could not resist replying, "pretty good troll tbh." Elon Musk speaks at the 2020 Satellite Conference and Exhibition in March 2020. Elon MuskIt's weird to recall now that Elon Musk once seemed like, graded on the billionaire curve anyway, a net positive for a cursed American society.
Daniel Erichsen, founder of the Sleep Coach School Daniel ErichsenDaniel Erichsen spent about a decade as a sleep doctor, primarily seeing patients who were struggling with sleep apnea and insomnia. According to market research firm Imarc, the global insomnia market will hit $5.1 billion this year and climb to $6.1 billion by 2028. Other apps, including some backed by venture capital firms, promote cognitive behavioral therapy for insomnia, or CBT-I. That therapy is meant to change the way people think about sleep and incorporates behavior changes like sleep restriction and stimulus control. Kendall's message, which mirrors much of Erichsen's teachings, is that sleep is simple, but insomnia makes it seem complex.
The 50-50 majority, which has been unkind to Senate leaders in the past, seemed to be slipping from his grasp. “Everyone said Democrats are gonna lose a whole ton of seats,” Schumer said during a wide-ranging interview in his Capitol Hill office. Democrats may have held the Senate, but they narrowly lost the House majority to Republicans, which could spell the end of the party’s biggest legislative goals. And despite Schumer’s confidence that he’ll hold the Senate majority again in 2024, the map presents enormous challenges. Schumer said he isn’t giving up on working with moderate House Republicans, including some who won swing districts in his home state of New York.
Since getting certified in a YMCA pool at age 16, filmmaker James Cameron has done roughly 1,000 scuba dives. In a solo submersible, he once went down nearly 7 miles to the deepest point of the ocean with the most extreme water pressure. Various forces threatened to crush Mr. Cameron when he was making his biggest waterborne feature films to date: “Titanic” (1997) and “The Abyss” (1989), which he shot in a flooded nuclear containment vessel with actors on the edge.
The Midterm Elections: Back From the Political Abyss
  + stars: | 2022-12-14 | by ( Gerald F. Seib | ) www.wsj.com   time to read: 1 min
The 2022 midterm election results were important for a host of reasons: Control of the House, control of the Senate and the shape of the Biden presidency all were up for grabs. Yet the most important outcome may have been found elsewhere. Thanks to this year’s orderly voting, the nation appears to have taken a step back from the political abyss.
CNN —It’s a sequel 13 years in the making, but James Cameron will have to sit the premiere out. The “Avatar: The Way of Water” director will not be in attendance at Monday’s premiere for the film in Los Angeles after testing positive for Covid-19, according to a statement obtained by The Hollywood Reporter. He tested positive as part of a routine testing cadence. He will continue to complete his schedule virtually but will not be at the premiere,” a Disney spokesperson told the outlet. Cameron previously directed 2009’s “Avatar,” which took home three Oscars and became the world’s highest-grossing film.
BERLIN, Dec 7 (Reuters) - Investigations into a far-right plot to overthrow the German state show the threat posed by the "Reichsbuerger" movement, which denies the existence of the modern German state, Interior Minister Nancy Faeser said on Wednesday. "The investigations provide a glimpse into the abyss of a terrorist threat from the Reichsbuerger milieu," Faeser said in a statement, adding "we are taking action against such endeavours with all the consequences of the rule of law." "We will continue to take this hard line." Writing by Paul Carrel, editing by Kirsti KnolleOur Standards: The Thomson Reuters Trust Principles.
CANBERRA, Australia — Australia’s former Prime Minister Scott Morrison on Wednesday listed his achievements in government including standing up to a “bullying” China as he unsuccessfully argued against being censured by Parliament for secretly amassing multiple ministerial powers. A censure motion against Morrison, who remains an opposition lawmaker, has no effect other than to tarnish his political legacy. The censure motion said that by failing to inform his Cabinet, Parliament and the Australian people of his additional ministerial powers, Morrison had undermined responsible government and eroded public trust in Australia’s democracy. Morrison’s successor, Prime Minister Anthony Albanese, this month held Australia’s first official bilateral meeting with Chinese President Xi Jinping since Morrison’s predecessor, Prime Minister Malcolm Turnbull, in 2016. In calling for Morrison’s censure, Albanese said the former prime minister had demonstrated hubris, arrogance and denial but no contrition.
Authorities have identified the man whose foot was found floating in a Yellowstone National Park hot spring three months ago, the park said Thursday. His foot in a shoe was found floating in the hot spring in Wyoming on Aug. 16. No one is believed to have seen what happened, and how he died was not clear, the park service said. It is one of the deepest hot springs in the park, at more than 50 feet, according to the park’s website. Yellowstone National Park warns visitors to always stay on boardwalks and trails and to use extreme caution around the features.
The worst-kept secret in U.S. politics is finally out: Donald Trump is running for president. But, of course, the GOP itself crashed, with many of Trump’s hand-picked candidates headlining the disaster. He was the political black hole from which so few GOP candidates escaped. “The question is: What happens when he goes head-to-head with the guy he’s imitating?”Well, with Trump’s official 2024 bid, we are one step closer to seeing what will happen. A Trump party in all but name.
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