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[1/3] NATO Secretary General Jens Stoltenberg shakes hands with South Korean Foreign Minister Park Jin during their meeting at the Foreign Ministry in Seoul, South Korea January 29, 2023. Kim Min-Hee/Pool via ReutersSEOUL, Jan 30 (Reuters) - NATO Secretary-General Jens Stoltenberg urged South Korea on Monday to increase military support to Ukraine, citing other countries that have changed their policy of not providing weapons to countries in conflict after Russia's invasion. Speaking at the Chey Institute for Advanced Studies in Seoul, he thanked South Korea for its non-lethal aid to Ukraine, but urged it to do more, adding there is an "urgent need" for ammunition. "I urge the Republic of Korea to continue and to step up on the specific issue of military support," he said. Last year South Korea opened its first diplomatic mission to NATO, vowing to deepen cooperation on non-proliferation, cyber defence, counter-terrorism, disaster response and other security areas.
He must accelerate the Japanese automaker's efforts to develop more competitive electric vehicles. But he will get little breathing room from Tesla or the Chinese EV manufacturers who are using their leads in EV technology and production costs to slash prices. THE SHIFTING GROUNDGlobal automakers are experienced with periods of feast and famine that come on roughly seven-to-ten year cycles. South Korea's Hyundai Motor Co (005380.KS) on Thursday reported better-than-expected results powered in part by strong sales of its new EV lineup. Hyundai forecast its EV sales would grow by 54% this year - a faster growth pace than Tesla has forecast.
More Obama-era classified documents were found at President Biden's Wilmington home, per The Times. The White House on Saturday announced that five additional pages were found on Thursday. "The President's lawyers have acted immediately and voluntarily to provide the Penn Biden documents to the Archives and the Wilmington documents to DOJ. The appointment of the Special Counsel in this matter this week means we will now refer specific questions to the Special Counsel's office moving forward. As I said Thursday, the White House will cooperate with the newly-appointed Special Counsel," the statement read.
Tun Min Latt is in pre-trial detention; his lawyer could not be reached for comment. Min Aung Hlaing’s two children face no legal action over the assets, according to the two people with knowledge of the case. They added that Thai authorities did not consider them relevant to the investigation against Tun Min Latt. The discovery of the documents indicated close ties between Tun Min Latt and the Myanmar junta chief’s family. Since the coup, Min Aung Hlaing’s forces have launched a bloody crackdown on dissent, killing thousands of opponents, according to the United Nations, which accuses Myanmar's troops of war crimes and crimes against humanity.
David Rubenstein calls Warren Buffett "the ultimate master of the investor craft" in his new book. He dedicated the compilation to Warren Buffett, calling him "the ultimate master of the investor craft." The Carlyle cofounder and private equity billionaire, in an interview with Insider in September 2022, detailed 12 traits and habits that make Buffett the epitome of a great investor. He's a pure investor, he's made it a lifelong vocation." Humility"Warren Buffett doesn't run around telling everyone how smart he is.
The historian Chris Whipple said Mark Meadows was the worst White House chief of staff in history. The author Chris Whipple, who has interviewed dozens of White House chiefs of staff, said that Cassidy Hutchinson's shocking testimony before the House January 6 committee has made it abundantly clear that Mark Meadows is by far the "worst" White House chief of staff in history. On December 19, the panel released an executive summary of its findings that was harshly critical of Meadows' book "The Chief's Chief." Whipple wrote the literal book on White House chiefs of staffABC's George Stephanopoulos interviews the author Chris Whipple in 2017. "I've said oftentimes that being White House chief of staff is perhaps the second most powerful job in Washington, D.C.
PUBLIC DISCONTENTAfter a tumultuous year for the world's third-largest economy, Japan's central bank and its leadership face a critical moment. While ruling out the need to ditch the yield cap now, Takata recently said he saw positive developments in wage growth. "The BOJ must start worrying about the possibility of inflation accelerating more than expected," he told Reuters, adding the BOJ may abandon its yield cap as early as next year. Such a reaction was seen in March when the BOJ was forced to pledge unlimited bond buying to defend its yield cap from speculative market attacks. "That's why the BOJ won't provide advance signals and remove the yield cap in a single step."
LVMH CEO Bernard Arnault passed Elon Musk on Forbes Billionaires List on Wednesday. Musk is still the world's richest person on Bloomberg's Billionaire Index. On Bloomberg's Billionaires Index, however, the Tesla CEO is still estimated to be the world's wealthiest person with a net worth of $179 billion. That makes him about $14 billion richer than the LVMH chief, who is worth $165 billion, according to Bloomberg. Musk became the world's richest person last year after overtaking Amazon founder Jeff Bezos.
Putin drives across Crimea bridge in a Mercedes
  + stars: | 2022-12-05 | by ( Guy Faulconbridge | ) www.reuters.com   time to read: +2 min
[1/4] Russian President Vladimir Putin visits a bridge connecting the Russian mainland with the Crimean Peninsula across the Kerch Strait, December 5, 2022. Sputnik/Pool via REUTERSMOSCOW, Dec 5 (Reuters) - President Vladimir Putin on Monday drove a Mercedes across the Crimean Bridge linking southern Russia to the annexed Crimean peninsula, less than two months since an explosion tore through one of the Kremlin chief's showcase infrastructure projects. The 12-mile (19 km) road and rail bridge, which was personally opened by Putin in 2018, was bombed on Oct. 8 in an attack Russia said was carried out by Ukraine. "We are driving on the right hand side," Putin said, as he drove across the bridge. The blast also destroyed several fuel tankers on a train heading towards the annexed Crimean peninsula from neighbouring southern Russia.
Stocks rallying on hopes of the Fed pausing rate hikes will fool investors into thinking the bear market is over, Morgan Stanley's Mike Wilson said. But stocks could be hit with an earnings recession next year, he told Bloomberg, warning a 26% drop in the S&P 500 was still possible. This is a classic Fed pause stock market rally," Wilson said in an interview with Bloomberg TV on Thursday. That means the Nasdaq and other heavily-shorted stocks could be leading the new market rally, but investors are still in a bear market, even if gains last through December, Wilson warned. "This rally will go further and will probably drag people back into thinking that this bear market is over," he added.
[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 29, 2022. REUTERS/StaffLONDON, Nov 30 (Reuters) - World equity markets rallied on Wednesday and focus turned to Jerome Powell, who speaks later in the day in what will be the U.S. Federal Reserve chief's last opportunity to steer sentiment ahead of the Fed's December meeting. European stock markets rallied (.STOXX) and U.S. equity futures pointed to a firm start for Wall Street , . MSCI's broadest gauge of Asia Pacific stocks outside Japan (.MIAPJ0000PUS) rallied more than 1% to its highest since September. Hong Kong's Hang Seng Index rallied more than 2% (.HSI), although Japan's blue-chip Nikkei fell 0.2% (.N225).
US stocks soared on Wednesday after Fed Chairman Jerome Powell said slower interest rate hikes are likely. Powell all but confirmed a 50 basis-point rate hike in December, dialing back from the four consecutive 75 basis-point hikes. "It is entirely possible the December hike of 50 basis points could be the last hike," Fundstrat's Tom Lee said. In his remarks, Powell said there are signs inflation is beginning to finally ease, and that it makes sense for the Fed to slow down its interest rate hikes as soon as December. "It is entirely possible the December hike of 50 basis points could be the last hike," Lee told clients in a Wednesday note.
Executive women platform Chief opened a new clubhouse in San Francisco this week. ‘Sense that this is a first'On the opposite coast, a counterpart executive clubhouse just opened in San Francisco and it holds great meaning beyond its four walls. Chief's San Francisco clubhouse includes a full-service bar. A month after the San Francisco Chief club's opening, women say they already see it as a milestone moment that represents more than just a new building. “It’s interesting coming full-circle and it feels long overdue.”Executive women platform Chief opened a new clubhouse in San Francisco this week.
ISLAMABAD, Nov 23 (Reuters) - Pakistan's outgoing army chief rejected on Wednesday as "fake and false" claims by ousted prime minister Imran Khan that a U.S.-backed conspiracy had toppled his government, and also said the military would play no role in national politics in future. The former premier has also alleged that the military played a role in his ousting, a charge the army has denied. "A state of hysteria was created in the country on the pretext of a fake and false narrative," the army chief said about Khan's main accusation that Washington supported his removal with the help of a local handler. Over the weekend, Khan said that even if the military had not been involved it could still have saved his government. Khan's party spokesman Fawad Chaudhry told Reuters he had no comment on the army chief's remarks.
Even when a civilian government holds power, Pakistan's generals retain a dominant influence over security matters and foreign affairs. BAJWA'S LEGACYAppointed chief in 2016, Bajwa sought to balance ties with China and the United States. He even summoned Pakistan's top industrialists to a meeting at army headquarters to encourage them to pay more tax. WHY IT MATTERS GLOBALLYPakistan's army chief will play a key role in managing risks of conflict with nuclear-armed rival India on its eastern border, while dealing with potential instability and friction with Afghanistan on its western frontier. The incoming army chief could potentially play a key role in lowering the political temperature as Pakistan attempts to survive an economic crisis and recover from historic floods.
Donald Trump announced on Tuesday that he's running for president again in 2024. Trump's 2024 campaign comes as he faces escalating federal and state criminal investigations. Trump cast himself as the lone panacea to a long list of ills on a "quest to save our country." Supporters wait for the arrival of former President Donald Trump during an event at his Mar-a-Lago resort on November 15, 2022 in Palm Beach, Florida. Grover Cleveland, of the National Democratic Party, was the only president to serve two non-consecutive terms in the White House.
LONDON, Nov 16 (Reuters) - Iran's intelligence services have made at least 10 attempts to kidnap or even kill British nationals or individuals based in the United Kingdom regarded by Tehran as a threat, the head of Britain's domestic spy agency said on Wednesday. "At its sharpest this includes ambitions to kidnap or even kill British or UK-based individuals perceived as enemies of the regime," McCallum said in a speech at MI5's headquarters. McCallum said the Iranian intelligence services were "a sophisticated adversary" who sometimes operated using their own staff or courted others to work on their behalf, and sometimes they were prepared to take "reckless action". Iran said on Wednesday several French intelligence agents had been arrested in connection with the protests. "The current wave of protests in Iran is asking fundamental questions of the totalitarian regime," McCallum said.
Tyson Foods board oversees review of finance chief's arrest
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: +1 min
CHICAGO, Nov 14 (Reuters) - Tyson Foods' board of directors is overseeing a "thorough review" of the recent arrest of Chief Financial Officer John R. Tyson on charges that he trespassed at a young woman's house while intoxicated, Chief Executive Officer Donnie King said on Monday. John R. Tyson, great-grandson of the meat company's founder, apologized during a quarterly earnings call for his Nov. 6 arrest for criminal trespassing and public intoxication in Fayetteville, Arkansas. "I'm embarrassed and I want to let you know that I take full responsibility for my action," said Tyson, 32. John R. Tyson is the son of the chairman of the company’s board of directors, John H. Tyson. The board is independent, King told analysts on the earnings call.
Senate reelection chair Rick Scott is taking heat for not delivering during the midterm elections. "It will take years to undo Rick Scott's mistakes," a former NRSC aide said of the 2022 cycle. The former NRSC staffer who billed Scott as a historic failure said the freshman lawmaker courted disaster by going rogue this spring. "That stuff takes care of itself — if you win," the second former NRSC staffer told Insider. "It will take years to undo Rick Scott's mistakes," the second former NRSC staffer said.
Democrat Raphael Warnock is running against Republican Herschel Walker in Georgia's US Senate race. Warnock was first elected to the Senate in a 2021 runoff election alongside Democrat Jon Ossoff. Democratic Sen. Raphael Warnock, who was first elected in a January 2021 runoff, is running for a full six-year term and faces Republican Herschel Walker. In the initial November 2020 special US Senate election, Warnock came in first place with nearly 33% of the vote in a multicandidate field that included then-Republican Sen. Kelly Loeffler. Walker has raised nearly $37.5 million, spent $32 million, and has $5.4 million left to spend, as of October 19.
Putin says civilians in Ukraine's Kherson should be evacuated
  + stars: | 2022-11-04 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Nov 4 (Reuters) - Russian President Vladimir Putin said on Friday that civilians in Ukraine's Kherson region should be evacuated from the conflict zone, the Kremlin chief's first acknowledgement of a deteriorating situation in a region he claims to have annexed. Russian-installed officials in Kherson region, one of four Ukrainian provinces that Putin declared part of Russia at a Kremlin ceremony in September, have pleaded for civilians to leave the region's west, where Ukrainian forces have retaken ground in recent weeks. He said that Russian forces would likely soon give up the west bank of the Dnipro to Ukraine. Ukraine announced a counteroffensive in Kherson in August, driving Russian forces from much of the region's north in September. General Sergei Surovikin, the commander of Russian troops in Ukraine, has previously referred to a difficult situation in Kherson.
Nov 4 (Reuters) - Russian President Vladimir Putin publicly endorsed the evacuation of civilians from parts of Ukraine's southern Kherson region on Friday, the latest sign of Russia's retreat in one of the most bitterly contested areas in Ukraine. FIGHTING, SECURITY* The Russian-installed deputy governor of Ukraine's Kherson region said a 24 hour curfew had been imposed in Kherson city, amid what he said was a likely Ukrainian offensive against the city. * Russian President Vladimir Putin said earlier that civilians in the Kherson region should be evacuated from the conflict zone, the Kremlin chief's first acknowledgement of a deteriorating situation in a region he claims to have annexed. * Putin said Russia had mobilised 318,000 people into its armed forces, Interfax news agency reported. * Germany will install better air defence protection over Defence Ministry office buildings in response to a series of suspect drone overflights, Der Spiegel reported.
SpaceX Chief Engineer Elon Musk takes part in a joint news conference with T-Mobile CEO Mike Sievert (not pictured) at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. Tesla CEO Elon Musk is now in charge of Twitter , CNBC has learned. Twitter CEO Parag Agrawal and finance chief Ned Segal have left the company's San Francisco headquarters and will not be returning, sources said. A Delaware Chancery Court judge eventually ruled that Musk had until Oct. 28 to cement the Twitter deal or head to trial. Musk arrived at the Twitter headquarters earlier this week carrying a sink, and documented the event on Twitter, saying "Entering Twitter HQ – let that sink in!"
Democrat Raphael Warnock is running against Republican Herschel Walker in Georgia's US Senate race. Warnock was first elected to the Senate in a 2021 runoff election alongside Democrat Jon Ossoff. Georgia Senate candidatesWarnock, the senior pastor at the historic Ebenezer Baptist Church in Atlanta, was elected to the Senate alongside fellow Democrat Jon Ossoff. Donald Trump and Herschel Walker have been friends for decades, dating back to Walker's days as a professional football player. Walker has raised $31.6 million, spent $24.3 million, and has nearly $7.4 million left to spend, as of September 30.
SEOUL, Oct 11 (Reuters) - South Korean President Yoon Suk-yeol said on Tuesday that North Korea has nothing to gain from nuclear weapons, as the isolated country threatened to beef up its capability to attack its southern neighbour. "North Korea is consistently developing and upgrading its nuclear weapons and posing nuclear threats to not only our Republic of Korea but the world," Yoon told reporters, referring to South Korea by its official name. "I believe it has nothing to gain from nuclear weapons." North Korea's increasingly explicit nuclear threats has fanned a furore in Seoul, with some politicians and scholars calling for redeploying U.S. tactical nuclear weapons. The chief of South Korea's progressive main opposition has accused Yoon of pursuing a "pro-Japan defence policy" which he said might end up stationing Japanese military forces in South Korea.
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