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☆ Ray Dalio says the 10-year Treasury yield could rise to 5% — and there's risk it goes even higher
▼ + stars: | 2023-10-03 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire investor Ray Dalio believes the surging 10-year Treasury yield could rise even higher to the 5% threshold as he sees hotter inflation for longer. "It would seem that something like a 5% rate, and there's nothing precise about that, but in that neighborhood, you know, would be maybe about right ... with the risk higher," Dalio said Tuesday at the Greenwich Economic Forum in Greenwich CT. The 10-year Treasury yield, which serves as a benchmark for mortgage rates, jumped to 4.76% on Tuesday, i ts highest level since 2007. Deficit risk Then Dalio said the imbalance of government debt's supply and demand picture also caused yields to go higher. "When you look at the expected returns for this moment, cash is a relatively attractive asset class at this moment," Dalio said.

Persons: Ray Dalio, Dalio, That's Organizations: Greenwich Economic, Treasury, Federal Reserve, Bridgewater Locations: Greenwich, Greenwich CT

COVID-19 isn’t going away – and neither is long COVID. The survey found that in 2022, about 7% of adults – or about 1 in 14 – reported ever having long COVID. More women reported having had long COVID than men – a trend also observed in children. “These findings are important – they can inform more sensitive testing for long COVID patients and personalized treatments for long COVID that have, until now, not had a proven scientific rationale,” David Putrino, principal investigator of the study, said in a statement. It found that the blood of those experiencing long COVID had specific biomarkers, like abnormal T cell activity, reactivation of dormant viruses and low cortisol levels.

Persons: –, ” David Putrino, ” Akiko Iwasaki Organizations: Centers for Disease Control, Prevention’s National Center for Health Statistics

☆ A 7-year journey to deliver an asteroid sample to Earth will soon end in Utah
▼ + stars: | 2023-09-23 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

The cargo van-size spacecraft arrived in orbit around the asteroid Bennu in December 2018, providing detailed views of the spinning top-shaped space rock. Other worldsA training model of the OSIRIS-REx mission's sample return capsule was released from an aircraft in August, simulating the upcoming recovery operations. Keegan Barber/NASAThe OSIRIS-REx spacecraft will fly by Earth this weekend and drop off its precious sample from Bennu. Watch as the sample capsule is set to plunge through Earth’s atmosphere and land in the Utah desert, with NASA’s live coverage beginning at 10 a.m. As the capsule parachutes down, OSIRIS-REx will keep going, embarking on a new adventure to explore the asteroid Apophis.

Persons: CNN —, REx, NASA’s, Keegan Barber, ”, Deutsches, Monopoly, you’re, Ashley Strickland, Katie Hunt Organizations: CNN, Rice University in Texas, Mechanical, Zimbabwe, Bochum, Iron, Swedish Museum of, Publishing, Andromeda Galaxy, CNN Space, Science Locations: Utah, Dürrnberg, Austria, Austrian, Zambia, Tasmania, Stockholm, Western Australia

☆ Corporations say they have a new No. 1 risk, and they're spending big to defeat it
▼ + stars: | 2023-09-22 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +10 min

The Q3 survey of corporate finance chiefs finds a sharp rise in CFOs pointing to government regulation as the biggest risk factor for their business. From Q1 to Q3 2023, the percentage of CFOs saying government regulation is their biggest risk jumped from roughly 6% to 40%. This quarter, only 10% of CFOs cited inflation, while the 40% who pointed to regulation represented a more than doubling quarter over quarter. watch nowFor the business community's biggest advocacy group, getting back to normal also means confronting a new normal. "The emergence of government policy as risk relative to other risks has been growing substantially over the past decade."

Persons: Mark Wilson, Trump, Sanjay Patnaik, Neil Bradley, Patnaik, Obama, Biden, Bradley, it's, Dan Clifton, we've, It's, UnitedHealth —, Cisco's, Clifton, Lina Khan, She's Organizations: U.S, Capitol, Getty, CNBC, CNBC Global, Federal Trade Commission, Google, Microsoft, Amazon, U.S . Chamber of Commerce, Brookings Institute, Corporate, industrials, Corporations, ., Apple, market's, Union, EU, Horizon Therapeutics, Activision Locations: WASHINGTON, DC, Washington ,, Covid, Russia, Ukraine, China, U.S

☆ Health care has had a tough year. Where we stand on our 5 stocks in the sector
▼ + stars: | 2023-09-22 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +12 min

Bausch Health (BHC) is a different case. Key points Health-care stocks outperformed the broader U.S. stock market last year, but this year it's been much-tougher sledding for the sector due to a variety of headwinds. We feel comfortable owning our three other primary health care stocks: GE Healthcare, Humana and Danaher. In recent weeks, analysts at Wells Fargo and Citigroup have started coverage of GE Healthcare with buy ratings. The analysts at Jefferies now rate Bausch Health stock a buy, with a price target increase to $16 per share from $9.

Persons: There's Eli Lilly, Eli Lilly, That's, Eli Lilly's, Ryan Issakainen, we're, Issakainen, –, Stryker, Jim Cramer, it's, Jim, We've, Bausch, BHC, We're, I'm, Jefferies, Jim Cramer's, Frederick Florin Organizations: GE Healthcare, Health, Federal Reserve, First Trust Advisors, Humana, Medicare, Dow, UnitedHealth, GE, General Electric, —, Citigroup, Jefferies, CNBC, AFP, Getty Locations: what's, China, STE, Biogen, Wells, Bausch, Fegersheim, France

☆ Giant pandas living in zoos could be suffering from ‘jet lag,’ study says
▼ + stars: | 2023-09-18 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +5 min

CNN —Giant pandas living in captivity could be suffering from “jet lag” if their body clocks don’t match their environments, scientists say. “This is definitely a concept that could apply to all captive animals,” Gandia told CNN. Giant pandas were chosen as the focus for the study partly because they live highly seasonal lives. Gandia explained to CNN that the latitudinal range for giant pandas is between 26 and 42 degrees north. A team of 13 observers, led by Gandia, monitored 11 giant pandas at six different zoos, all of which were born in captivity.

Persons: ”, Kristine Gandia, ” Gandia, Gandia, “, zookeepers Organizations: CNN, University of Stirling, Gandia Locations: Scotland, China

☆ Biden impeachment saga creates a wild new political twist in an unprecedented election
▼ + stars: | 2023-09-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Now, his proxies in the House GOP are effectively weaponizing an impeachment inquiry of Biden to try to again destroy Trump’s potential opponent in the next presidential election. Then-Vice President Biden attended two dinners with his son and his business associates in Washington, DC, although one of Hunter’s associates testified that no business was discussed. Biden’s political liabilitiesIn some ways, the White House has a political advantage. CNN’s White House team reported Wednesday that the administration had put into action a counter-impeachment plan even before McCarthy’s announcement. Video Ad Feedback James Carville wants Biden impeachment inquiry.

Persons: Joe Biden, Kevin McCarthy, McCarthy, Donald Trump, Biden, –, Biden corruptly, Trump, Volodymyr Zelensky, Zelensky, Vladimir Putin, Hunter Biden, Obama, Joe Biden’s, Hunter’s, Hunter, White, haven’t, That’s, — McCarthy, Nancy Pelosi, CNN’s Manu Raju, Ken Buck, CNN’s Anderson Cooper, ” Buck, it’s, There’s, Jim Jordan, Hillary Clinton, Libya –, hasn’t, CNN’s, Biden’s, James Carville, Bill Clinton, feverishly, “, I’ve, ” Biden Organizations: CNN, GOP, Biden, Trump, Republicans, Air Force, Democratic, Colorado Republican, Republican, White, Capitol, House, Republican House, White House Locations: Washington, Ukraine, Russian, China, Washington , DC, America, Congress, New York, Benghazi, Libya

☆ The last 3 months were the hottest on record. Was summer 2023 just the beginning?
▼ + stars: | 2023-09-08 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

June through August were the hottest months on record, the World Meteorological Organization said. The deadly extreme heat and other climate-fueled disasters are upending people's lives this summer. A summer of writing about disaster after disaster got me thinking: Will we look back on this summer as a turning point? More of us are feeling the whiplash: Americans are increasingly connecting the dots between disasters and the climate crisis. In the meantime, communities have to be better prepared because the next five years could continue to break temperature records , according to the World Meteorological Organization.

Persons: António Guterres, Anthony Leiserowitz, Leiserowitz, George Mason, they'd, Carole Walker, It's Organizations: World Meteorological Organization, Service, United Nations, Yale, George, George Mason University, Rocky Mountain Insurance Association, Federal Emergency Management Agency, FEMA Locations: Wall, Silicon, Maui, Hawaii, Northeast

☆ The Fed could still kill off more zombie companies even after bankruptcies have spiked 54% since last year
▼ + stars: | 2023-09-07 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

US bankruptcies soared 54% year-over-year in August. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. In effect, they were saying that companies feel pain in times of policy tightening, especially those with weaker balance sheets. In any case, easy money measures have "kept so many zombie companies on life support," in Societe Generale's view. "[T]he recent sharp rise in rates really could cause a shocking rise in bankruptcies, beyond all fears."

Persons: Albert Edwards, Edwards, Ander Perez, Orive, Yannick Timmer, loosens Organizations: Societe Generale, Service, Reserve, Federal Reserve, Generale Locations: Wall, Silicon

☆ Madrid residents told to stay at home as torrential rain sweeps across Spain
▼ + stars: | 2023-09-03 | by ( ) www.reuters.com time to read: +1 min

@anastasia.flidlider_watercolor via Instagram/via REUTERS Acquire Licensing RightsMADRID, Sept 3 (Reuters) - Madrid's mayor on Sunday advised all residents to stay at home as the capital braced itself for torrential rain and storms affecting parts of Spain. It said up to 120 litres per square metre of rain could fall over 12 hours in Madrid. "Due to the exceptional and abnormal situation, in which rainfall records will be broken, I ask the people of Madrid to stay at home today," Madrid Mayor Jose Luis Martinez-Almeida wrote on X, formerly Twitter. LaLiga suspended an evening match between Atletico Madrid and Sevilla at the Wanda Metropolitano stadium in Madrid due to the alert. In Alcanar, Tarragona, on Spain's east coast, emergency services have also confined residents to their homes due to flooding after 215 litres per square metre of rain in the past 24 hours.

Persons: AEMET, Jose Luis Martinez, Almeida, Manuel Loro, Elena Rodriguez, Guillermo Martinez, Jessica Jones, Andrew Cawthorne Organizations: REUTERS Acquire, Rights, Sunday, Madrid, Atletico Madrid, Sevilla, Wanda Metropolitano, Thomson Locations: Alcanar, Spain, Instagram, Rights MADRID, National, Madrid, Toledo province, Cadiz, Tarragona, Spain's

☆ Madrid residents advised to stay indoors as capital braces for torrential weather
▼ + stars: | 2023-09-03 | by ( Claudia Rebaza | ) edition.cnn.com time to read: +1 min

CNN —Residents in Madrid were instructed by city authorities to stay indoors Sunday with Storm Dana set to lash the Spanish capital. The state meteorological agency, AEMET, issued a warning for Madrid, Toledo and Cadiz, where Dana is expected to bring strong rains. According to AEMET, up to 120 liters per square meter of rain could fall over Madrid in 12 hours. Madrid’s emergency services sent texts to residents warning them of flood risks and advising them against using vehicles. Atletico Madrid wrote on X that Sunday’s LaLiga football match against Sevilla had also been postponed due to the storm.

Persons: Storm Dana, AEMET, Dana, AEMAT, José Luis Martínez, Almeida, ” Martinez Organizations: CNN, Residents, Atletico Madrid, Sevilla Locations: Madrid, Toledo, Cadiz, Valencia

☆ The US jobs market stayed strong in August
▼ + stars: | 2023-09-01 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

Truck transportation also saw employment fall by 36,700.Leisure and hospitality saw a job gain of 40,000 from July to August. From wage growth to an increase in labor force participation, various data points suggest the US labor market is still strong. There were 8.8 million job openings in July after 9.2 million in June, according to new Job Openings and Labor Turnover Survey or JOLTS data released by BLS earlier this week. "We expect this labor market rebalancing to continue," Powell said. "Evidence that the tightness in the labor market is no longer easing could also call for a monetary policy response."

Persons: Jerome Powell, Lydia Boussour, EY, Boussour, Nick Bunker, Bunker, it's, Julia Pollak, Pollak, Jonathan Fisher, Fisher, Powell Organizations: payrolls, Service, SAG, Bureau of Labor Statistics, Labor, BLS, North America, Washington Center for Equitable Growth Locations: Wall, Silicon, Jackson Hole , Wyoming

☆ Labor Day weekend gas prices are near all-time highs
▼ + stars: | 2023-08-31 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —Drivers hitting the roads this Labor Day weekend will be greeted by historically high gas prices for this time of the year. The good news is that gas prices are still well below the peak set in June 2022. Psychologically important pricesIt’s worth noting that while gas prices are high for this point of the calendar, these figures aren’t adjusted for inflation. Still, consumers are very sensitive to increases in gas prices, in part because of how visible they are. In fact, the Conference Board blamed the recent uptick in gas prices for driving down consumer confidence in August.

Persons: ”, John LaForge, Andy Lipow, – can’t, “ Organizations: New, New York CNN, Drivers, Labor, CNN, AAA, Wells, Investment Institute, Biden, Lipow Oil Associates, US Energy Information Administration, Conference Board Locations: New York, Illinois, Washington , Arizona, California, Russia, Saudi Arabia

☆ Mitch McConnell might be freezing up in public because he's having small seizures, doctors suggest
▼ + stars: | 2023-08-31 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Mitch McConnell froze once again during a press conference on Wednesday. Doctors have speculated that the Senate Minority Leader may be experiencing seizures. Last month, McConnell had a similarly awkward moment when he abruptly stopped speaking during a press conference at the Capitol. AdvertisementAdvertisementThe supposed seizures could be connected to a series of falls and a concussion in March experienced by McConnell, Thaler told WCVB-TV. Vossel said that age is a major risk factor for these types of seizures, more so than experiencing a fall, per DailyMail.com.

Persons: Mitch McConnell, Doctors, McConnell, David Thaler, Thaler, WCVB, Keith Vossel, DailyMail.com, Vossel, Jonathan Reiner Organizations: Wednesday, Service, CNN, Capitol, Tufts Medical Center, WCVB, University of California, Johns Hopkins Medicine, George Washington University Locations: Wall, Silicon, Los Angeles

☆ Stocks making the biggest moves premarket: 3M, CrowdStrike, Xpeng and more
▼ + stars: | 2023-08-28 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Xpeng — U.S.-traded shares of the Chinese electric vehicles company jumped 5% Monday premarket. Xpeng announced it would buy Didi's smart electric car business in a deal worth $744 million. Mister Car Wash — The car wash stock climbed 5.7% in premarket trading following an upgrade to overweight from neutral by Piper Sandler. The firm said Mister Car Wash has upside potential over the next two years. CrowdStrike — Shares of the cybersecurity company fell 2.6% in premarket trading after Morgan Stanley downgraded CrowdStrike to equal weight from overweight.

Persons: Xpeng, Piper Sandler, CrowdStrike, Morgan Stanley, Akero, Conor Flynn, Danaher, —, Jesse Pound, Sarah Min, Alexander Harring Organizations: Shanghai International Automobile Industry, National Exhibition, Convention Center, —, Bloomberg News, UBS, RPT, Kimco Realty, Boston, Boston Scientific Locations: Shanghai, China, Xpeng —

☆ Stocks making the biggest moves midday: RPT Realty, Mister Car Wash, Boston Scientific, 3M and more
▼ + stars: | 2023-08-28 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

RPT Realty — RPT Realty shares surged 17% after Kimco Realty, an operator of open-air shopping centers, said it would acquire the real estate investment trust in a roughly $2 billion all-stock deal. Mister Car Wash — The car wash stock advanced 6.1% on the back of an upgrade to overweight from neutral by Piper Sandler. Alibaba Group , JD.com — Alibaba and JD.com each added more than 2% after the Chinese government announced measures to boost its stock market, including reducing a tax on trading. Xpeng — Shares of the Chinese electric car company jumped 5.3% after the firm said it is buying Didi's smart electric car development business in an exchange of shares worth $744 million. Meanwhile, Xpeng said it plans to develop an electric car for launch next year under a new mass market brand.

Persons: Conor Flynn, Piper Sandler, — CrowdStrike, Morgan Stanley, —, Xpeng, Wells, Sarah Akers, Micron Technology — Stocks, — CNBC's Alexander Harring, Hakyung Kim, Yun Li, Jesse Pound, Pia Singh, Samantha Subin Organizations: RPT, Realty, Kimco Realty, Boston, Boston Scientific, Bloomberg, 3M, Akero Therapeutics, Therapeutics, UBS, Alibaba, Micron Technology —, Micron Technology, Marvell Technology, Semiconductors Locations: Xpeng

☆ Milan records hottest day since 1763
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +1 min

[1/2] People use umbrellas to hide from the sun, as they queue to enter the Milan's Duomo Cathedral, during a heatwave, in Milan, Italy, August 21, 2023. It was the hottest day since the Milano Brera weather station started recording temperatures in 1763. ARPA statement that Aug. 23 and 24 have been the hottest days of the summer across the whole of the Lombardy region which surrounds Milan, with several towns registering peak temperatures above 40 C.It added that "intense and abnormal" temperatures also hit the Italian Alps. The heatwave is about to end though, the agency said, giving way to heavy thunderstorms and a sharp drop in temperatures of up to 10-15 C early next week. Reporting by Federica Urso, editing by Gavin Jones and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

Persons: Claudia Greco, Federica Urso, Gavin Jones, Emelia Organizations: Cathedral, REUTERS, Rights, Milano, ARPA, Thomson Locations: Milan, Italy, Milano Brera, Rome, Europe, Lombardy, Italian

☆ Fact Check-In wake of Maui fires, here’s why some trees survive damage
▼ + stars: | 2023-08-22 | by ( Reuters Fact Check | ) www.reuters.com time to read: +6 min

Some posts on social media in the wake of the fires on the Hawaiian island of Maui, however, suggested that the fact some trees had remained standing showed proof that the fires were somehow engineered or steered to intentionally burn homes and vehicles, leaving trees unscathed. Reuters photographs and satellite imagery of the Lahaina Banyan Court area produced by Maxar Technologies shows buildings, vehicles and trees damaged following the fires (shorturl.at/bpsTX), (here). Other trees were more heavily damaged, but remained standing, Reuters pictures show (here), (here). Regardless, the fact that some trees could remain standing or were less damaged than cars or buildings during a fire is not abnormal. Trees sometimes survive severe damage during fires due to factors including their water content and the ways a fire spreads.

Persons: Albert Simeoni, ”, Erica Fischer, Fischer, Christopher Baird, ” Baird, Katie Kamelamela, James Urban, Niamh Nic Daeid, Nic Daeid, Read Organizations: Reuters, Facebook, Maxar Technologies, Fire Protection Engineering Department, Worcester Polytechnic Institute, Department of Wood Science, Engineering, Oregon State University, “, JB, University of Hawaii, West Texas, M University, Conservatory, Akaka Foundation, Tropical Forests, HOW, Fire Protection, Leverhulme Research, Forensic Science, University of Dundee Locations: Maui, Instagram, Lahaina Banyan, Oregon, Colorado, Manoa, Hawaii

☆ North Korea's space launch program and long-range missile projects
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +5 min

North Korean leader Kim Jong Un gives field guidance at the Seohae satellite launch site, in North Korea, in this photo released on March 11, 2022 by North Korea's Korean Central News Agency (KCNA). Dec. 12, 2012: North Korea successfully launches the Kwangmyongsong-3, putting an object in orbit. April 2013: North Korea establishes the National Aerospace Development Administration (NADA) which purports to pursue space exploration for peaceful purposes. Aug 29, 2017: North Korea fires an intermediate range missile over northern Japan, prompting warnings to residents to take cover. March 16, 2023: North Korea test launches the Hwasong-17 ICBM, its biggest missile, which some analysts believe incorporates technology for space launch vehicles.

Persons: Kim Jong Un, KCNA, Kim Jong Il, Hyon, ”, Kim, Jack Kim, Ed Davies, Josh Smith, Gerry Doyle Organizations: Korean Central News Agency, REUTERS, Rights, Japan's Coast Guard, ., North Korea, National Aerospace Development Administration, United, International, Japan, International Maritime Organization, Pacific, Thomson Locations: North Korea, North, Rights SEOUL, South Korea, United States, Korea, Pyongyang, Japan, U.S, East China

☆ Burning Man, tech bros' favorite party, is in jeopardy because of Tropical Storm Hilary
▼ + stars: | 2023-08-22 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Burning Man is facing challenges due to flooding from Tropical Storm Hilary. The gates to the Black Rock Desert event remained closed on Tuesday. AdvertisementAdvertisementBurning Man, the festival beloved by Silicon Valley's elite, is at risk of quenched by Tropical Storm Hilary. Nevada's Black Rock Desert, where the event takes place each year, closed its gate due to flooding caused by the rains of Tropical Storm Hilary, The San Francisco Standard reported. "Temporary gate closures are not abnormal," a Burning Man rep told Insider.

Persons: Hilary, Nevada's, Gerlach, we're, Sergey Brin, Larry Page, Elon Musk, Jeff Bezos, Meta's Mark Zuckerberg, Elizabeth Holmes Organizations: Morning, Silicon, San Francisco Standard, Google, Amazon Locations: Tropical, —, Rock

[1/3] Supermarket owner Takashi Nakajima, 67, prepares sashimi, or raw fish, to sell at his store, near the tsunami-crippled Fukushima Daiichi nuclear power plant, in Soma, Fukushima prefecture, Japan, August 9, 2023. It's been a long battle to get radiation-wary customers back to the seafood from waters near the Fukushima nuclear power plant that was wrecked in the 2011 tsunami, Nakajima says. Now, with the imminent release of treated radioactive water from the plant into the Pacific, he fears a return to square one. "This can't be happening," the 67-year-old said in the backyard kitchen of his supermarket in Soma city, just 45 km (28 miles) north of the stricken power plant. The problem is, this water release will go on for at least 30 years."

Persons: Takashi Nakajima, Akiko Okamoto, It's, Nakajima, Yasutaka Shishido, Kiyoshi Takenaka, Tom Bateman, Chang, Ran Kim, Stephen Coates Organizations: REUTERS, Tokyo Electric Power, Thomson Locations: Soma, Fukushima prefecture, Japan, China

☆ Russia's Luna-25 moon-lander spun out of control and crashed, fumbling an attempt to become the first country to land on the lunar south pole. India is up next.
▼ + stars: | 2023-08-21 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

Russia's Luna-25 spacecraft crashed into the moon's surface, ending its mission. The country was racing India to be the first country to land a spacecraft on the lunar's south pole. The moon's south pole likely contains frozen water that could be used to produce air and rocket fuel. The Luna-25 was in a race with an Indian spacecraft launched on July 14 to be the first to reach the south pole. A previous Indian attempt to land at the south pole in 2019 ended when the spacecraft crashed into the moon's surface.

Persons: Russia's Luna, Roscosmos, Luna, Vitaly Egorov, Russia's, cosmonautics, Egorov, Vladimir Putin Organizations: Service, Russia's Soyuz, Space Corporation, Luna, Soviet Union, NASA, Vostochny Locations: India, Wall, Silicon, Indian, Russian, Soviet, Soviet Union, United States, China, Russia, Roscosmos, Ukraine, Russia's Far

☆ Factbox: Russia's Luna-25 moon mission fails: what you need to know
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +3 min

LUNA-25It was Russia's first moon mission since the Soviet Union's Luna-24 returned with samples from the moon in 1976. The lander was boosted out of Earth's orbit toward the moon a little over an hour later. Russia had not attempted a moon mission since Luna-24 in 1976, when Leonid Brezhnev ruled the Kremlin. Luna-25 was supposed to execute a soft landing on the south pole of the moon on Aug. 21, according to Russian space officials. Eventually, in the early 2010s, Russia settled upon the idea of the Luna-25 mission to the south pole of the moon.

Persons: Luna, Roskosmos, Yuri Gagarin, Leonid Brezhnev, Vladimir Putin, Guy Faulconbridge, Philippa Fletcher, Christina Fincher Organizations: 2.1b, Vostochny, REUTERS Acquire, Rights, Soyuz, Luna, Kremlin, Thomson Locations: Amur, Russia, Soviet, Vostochny cosmodrome, Moscow, RUSSIA, Soviet Union

Russia's state space corporation, Roskosmos, said an "abnormal situation" occurred as mission control tried to move the craft into a pre-landing orbit at 11:10 GMT on Saturday, ahead of a planned touchdown slated for Monday. "During the operation, an abnormal situation occurred on board the automatic station, which did not allow the manoeuvre to be performed with the specified parameters," Roskosmos said in a short statement. Russia has not attempted a moon mission since Luna-24 in 1976, when Leonid Brezhnev ruled the Kremlin. Luna-25 was supposed to execute a soft landing on the south pole of the moon on Aug. 21, according to Russian space officials. It was not immediately clear from official sources how serious the "abnormal situation" was - and whether or not Moscow could save the situation.

Persons: Luna, Roskosmos, Yuri Gagarin, Leonid Brezhnev, Alexander Ivanov, Guy Faulconbridge, Christina Fincher Organizations: REUTERS, Kremlin, India, Thomson Locations: Handout, MOSCOW, Moscow, Soviet, Russia, China, United States, Ukraine

☆ Russia's Luna-25 spacecraft suffers technical glitch in pre-landing maneuver
▼ + stars: | 2023-08-19 | by ( ) www.cnbc.com time to read: +3 min

Russia reported an "abnormal situation" Saturday on its moon-bound Luna-25 spacecraft, which launched earlier this month. The spacecraft is scheduled to land on the south pole of the moon on Monday, racing to land on Earth's satellite ahead of an Indian spacecraft. The lunar south pole is of particular interest to scientists, who believe the permanently shadowed polar craters may contain water. Also on Saturday, the Russian spacecraft produced its first results. A previous Indian attempt to land at the moon's south pole in 2019 ended when the lander crashed into the moon's surface.

Persons: Roscosmos, Luna, Russia's, Egorov, Vladimir Putin Organizations: 2.1b, Vostochny, Soviet Union, Baikonur Locations: Amur, Russia, Russian, Soviet, Soviet Union, United States, China, India, Ukraine, Kazakhstan

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