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For many onlookers, the incident between Luis Rubiales and Jennifer Hermoso at the 2023 Women’s World Cup final offered momentary insight into the life of a women’s soccer player. The fallout to the Rubiales kiss only reinforced her view that this was a story that demanded a wider audience, and now was the time to tell it. Rubiales was serving as president of the Royal Spanish Football Federation (RFEF) when he kissed Hermoso during the Women’s World Cup final medal ceremony. Rubiales gives Hermoso what she says was an unwanted kiss after last year's Women's World Cup final. Vilda watches Spain's players warm up ahead of the Women's World Cup final.
Persons: wasn’t, Luis Rubiales, Jennifer Hermoso, Joanna Pardo, , Pardo, ” Pardo, , Rubiales, Hermoso, ” Rubiales, Jorge Vilda, Vilda, Alexia Putellas, Bonmatí, d’Or, – Irene Paredes, peck, Pablo Blazquez Dominguez, Sandra Paños, , Paredes, Putellas, RFEF, coercing, Luis Jordana de Pozas, Franck Fife Organizations: CNN, Netflix, England, CNN Sport, Royal Spanish Football Federation, FIFA, Court, Getty, Sweden, Rubiales, World Locations: Eurasia, , Spanish, Spain's, Madrid, AFP
"We think tariffs across the board are a lose-lose game. Tariffs are worrisome when it comes to global trade and worrisome in terms of inflation," said Katz. Small caps hit an all-time high The Russell 2000 hit an all time high on Monday. "Take your 80/20 portfolio your risk adjusted portfolio you are seeing about a 7%-8% allocation to small caps, maybe 11%-12% to midcaps," Boneparth said. Now, you are getting a lift from small caps and mid caps as well."
Persons: Amgen David Katz, Katz, Rupesh, Donald Trump, Small, Russell, Doug Boneparth, Boneparth Organizations: PRO, Worldwide, Matrix, Oppenheimer, Walmart, Costco Locations: China, Mexico, Canada, U.S, megacap
CNN —President-elect Donald Trump announced Jamieson Greer as his pick to serve as the next US trade representative. Greer is no stranger to the role, having served as chief of staff to the trade representative during Trump’s first term, Robert Lighthizer. Trump has routinely referenced the passage of the USMCA trade agreement – which replaced the North American Free Trade Agreement, or NAFTA – as a political victory and a highlight of his presidency. The threat of tariffs could also be used as a negotiation tactic, as Trump has pledged to renegotiate the USMCA. In that role, he has covered cases on topics including trade policy and negotiations and trade agreement enforcement.
Persons: Donald Trump, Jamieson Greer, Greer, Trump’s, Robert Lighthizer, Trump, “ Jamieson, ” Trump, , General’s Organizations: CNN, North American Free Trade, U.S . Trade, reining, Manufacturing, Agriculture, Services, USMCA, American Workers, Senate, Trump, New York Times, King, US Air Force, General’s Corps Locations: China, Mexico, Canada, Iraq
AdvertisementDonald Trump's latest tariff threats have set alarm bells ringing on Wall Street. Analysts warned of a trade war, volatility, steeper inflation, and a flight to safety in markets. Analysts said the president-elect's latest threats could presage tariffs on other countries' exports and escalate into a full-scale trade war. "There has been a view among some investors that Trump's tariff talk was a negotiating tactic, a threat rather than a promise. Advertisement"The president-elect's scorched-earth approach has stoked fears of a trade war, with investors increasingly wary that Europe could be next in his crosshairs."
Persons: Donald Trump's, Donald Trump, There's, George Saravelos, Trump, Dan Coatsworth, AJ Bell, Matt Britzman, Hargreaves Lansdown, Nigel Green, Mark Haefele, Ruben Ferreira, FlowCommunity Organizations: Analysts, Deutsche Bank, Free, deVere, UBS Global Wealth Management Locations: Mexico, Canada, China, America, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInternational markets could outperform on Trump's tariffs, says Charles Schwab's Jeffrey KleintopJeffrey Kleintop, Charles Schwab chief global investment strategist, joins 'Squawk on the Street' to discuss the macro market and Trump's proposed tariffs impact on the economy, Fed and labor force.
Persons: Charles Schwab's Jeffrey Kleintop Jeffrey Kleintop, Charles Schwab Organizations: Email International
Opinion | Angela Merkel Isn’t Ready to Say Sorry
  + stars: | 2024-11-26 | by ( Melanie Amann | ) www.nytimes.com   time to read: +1 min
On page 273 of her memoir, Angela Merkel admits she made a mistake. In a 2003 guest essay for The Washington Post, she attacked him for criticizing the impending American invasion of Iraq: “Schröder doesn’t speak for all Germans,” the headline ran. Strangely, the mistake Ms. Merkel acknowledges is not her support for the Iraq war, even though she now thinks the invasion was wrong. After three years away, Ms. Merkel is stepping back onto the world stage. But she isn’t ready to say “sorry.”
Persons: Angela Merkel, Ms, Merkel, Chancellor Gerhard Schröder, , , Merkel’s Organizations: The Washington Post Locations: Iraq
CNN —Long-time US Women’s National Team (USWNT) goalkeeper Alyssa Naeher has announced that she will soon be retiring from international soccer. Human being and player!”Naeher has made 113 appearances for the USWNT, the third-most for a goalkeeper behind Hope Solo and Briana Scurry. She was the backup to Solo during the team’s 2015 Women’s World Cup victory and then played every minute of the title defense four years later, conceding only three goals during the tournament. Naeher makes a save during the 2019 Women's World Cup semifinal. Naeher also produced a heroic shootout performance against Canada in the semifinals of this year’s W Gold Cup, saving three penalties and scoring her own.
Persons: CNN —, Alyssa Naeher, , Sofia Huerta, Crystal Dunn, ” Naeher, Hope, Elsa, Naeher, Lina Hurtig’s, Organizations: CNN, Women’s National, England, US, Tokyo, Canada, Sweden, Chicago Red Stars Locations: Europe, Netherlands, Brazil
The latest:Trump wants to impose 25 percent tariffs on Canada and Mexico “on ALL products coming into the United States,” he said on Truth Social. He also wants an “additional” 10 percent tariff on imports from China, which Trump blames for the fentanyl crisis, a charge that Beijing has repeatedly disputed. Europe, Japan and South Korea weren’t even mentioned in Trump’s announcement, but stocks have fallen there, too. That suggests rising fears that a new trade war could scramble global supply chains and dent profits. Automakers are some of the hardest hit stocks, with Volkswagen, Stellantis and Nissan, which run manufacturing operations in Mexico, all down.
Persons: Donald Trump’s, Trump, , South Korea weren’t, Scott Bessent, it’s Trump, Robert Lighthizer, Bill Ackman, ” Mohit Kumar Organizations: Trump, Investors, United States ’, , Truth, Canadian, Volkswagen, Nissan, Treasury Department, Trade Representative, Jefferies Locations: — Canada, China, Mexico, Canada, United States, Beijing, Europe, Japan, South Korea, America
She usually shopped at Publix, but in 2021, when inflation was sending grocery prices soaring, her curiosity got the better of her. AdvertisementAs grocery prices have jumped by double digits over the past few years, people have felt the sting. So how did a German grocery chain find such a ravenous following in America? For comparison, about 20% of groceries sold in the US last year were store brands, according to the Food Marketing Institute. He expects to see even more Aldi stores opening.
Persons: Julie Herron, Herron, Theo, Karl Albrecht, Aldi, wasn't, Oscar Mayer, Gen Z, Scott Patton, Patton, Joe's, there's, Phil Lempert, She's, Lempert, it's, Dunnhumby, Zak Stambor, I'm, Trump, Jason Hart, they'll, Alex Bitter Organizations: Aldi, Kroger, Foods, Iowa City, Employees, Bank of America, Food Marketing Institute, Aldi USA, Costco, Facebook, Southeastern Grocers, Winn, EMARKETER, Business, Walmart Locations: Nashville, Aldi, Euromonitor, America, Germany, Iowa City , Iowa, Charlotte , North Carolina, Wisconsin, Florida, Washington and Colorado, Illinois
The federal elections case led to a Supreme Court ruling granting a president limited immunity for official acts. This is likely to reinforce Trump’s belief that he will have almost unchecked authority and will therefore reverberate through the next four years and generations to come. And by voting the way they did, Americans effectively exonerated him in the federal cases — on charges that could have landed him in jail. Drew Angerer/Getty ImagesWhat the thwarting of accountability meansThere will be short- and long-term consequences from Trump escaping accountability. But he also portrayed Trump’s evasion of a trial as a dark day for America.
Persons: Jack Smith, Donald J, Trump, Trump’s, , , Smith, , Donald Trump, Drew Angerer, ” James, Julia Chatterley, “ It’s, Tanya Chutkan, Merrick Garland, Garland, , I’m, Steven Hirsch, ” Trump, ” Smith, Joe Biden, Dan Goldman, CNN’s Boris Sanchez Organizations: CNN, Trump, Capitol, Department, US, Hofstra University, CNN International, Democrat, Justice Department, Democrats, Democratic House, stoke, Republican Party, Republican, Manhattan Criminal, FBI, MAKE, New York Democrat, America, United Locations: United States, America, Washington ,, Washington, New York, Georgia, New York City, Florida
Courtesy of Chloé Skye WeiserLater, the Covid lockdowns added more difficulty to the mix. By attending a mix of events, some geared to internationals and others to Danes, I've found community, felt a sense of belonging, and grown as a person. Courtesy of Chloé Skye WeiserConnecting with visitors gives me the opportunity to practice my Danish. Courtesy of Chloé Skye WeiserThis sense of camaraderie serves as a bridge to further conversation. Courtesy of Chloé Skye WeiserWe celebrate each other's performances and sometimes meet outside of karaoke to practice duets.
Persons: It's, Danes, I've, Skye Weiser, I'm, Rikke, She's, Rikke's, Bouldering, Pernille Organizations: Palestine, Danes, Cafe, Denmark, Ungdomshuset Odense, Ungdomshuset Locations: Denmark, Czechia, Czech, Odense, Danish, Funen, New York, Israel, Cafe Odense, Skye Weiser, Ungdomshuset Odense
Trump Selects Jamieson Greer as Trade Representative
  + stars: | 2024-11-26 | by ( Ana Swanson | ) www.nytimes.com   time to read: +1 min
President-elect Donald J. Trump on Tuesday picked Jamieson Greer, a lawyer and former Trump official, to serve as his top trade negotiator. Mr. Greer is a partner in international trade at the law firm King & Spalding. During Mr. Trump’s first term, Mr. Greer served as chief of staff to Robert E. Lighthizer, the trade representative at the time. Before that, Mr. Greer served in the Air Force, where he was a lawyer who prosecuted and defended U.S. airmen in criminal investigations. “Jamieson will focus the Office of the U.S. Trade Representative on reining in the Country’s massive Trade Deficit, defending American Manufacturing, Agriculture, and Services, and opening up Export Markets everywhere,” Mr. Trump said.
Persons: Donald J, Trump, Jamieson Greer, Trump’s, Greer, Robert E, “ Jamieson, Mr Organizations: Trump, King, Spalding, North American Free, Air Force, U.S . Trade, reining, Manufacturing, Agriculture, Services Locations: China, Canada, Mexico, Iraq
Learn moreVPN deals often come with some of the most competitive Black Friday sales each year, and the 2024 ExpressVPN Black Friday deals are no exception. Subscribers can get a one-year plan for $99.95 or a two-year plan for $149.70. This ExpressVPN deal will be available until December 6, but ExpressVPN isn't the only service offering impressive Black Friday savings opportunities. ExpressVPN Black Friday dealsExpressVPN One Year Plan (w/ 4 Extra Months Free) $99.95 $207.20 Save 52% ExpressVPN's one-year plan offers major discounts plus an extra four months free. View at ExpressVPNExpressVPN Two Year Plan (w/ 6 Extra Months Free) $149.70 $388.50 Save 61% ExpressVPN's two-year plan offers even more savings than its one-year counterpart, including six months free.
Persons: ExpressVPN, There's, VPNs, You'll Organizations: Business, Theft Insurance
CNN —A 13-year-old Indian cricketer made history on Monday as he became the youngest player ever to have his rights purchased at the Indian Premier League (IPL) auction. The rights to Vaibhav Suryavanshi were bought for 11 million Indian rupees (around $130,000) to the Rajasthan Royals after a bidding spree between the Royals and the Delhi Capitals forced his price up. The IPL’s auction sees the league’s 10 teams compete via a bidding process to acquire players to fill out their rosters. “Incredible talent and, of course, you’ve got to have the confidence so he can step up to the IPL level. The Punjab Kings first won a bidding war to acquire batter Iyer for 267.5 million Indian rupees ($3.17 million) before Lucknow Super Giants secured Pant for 270 million Indian rupees ($3.20 million).
Persons: Vaibhav, , Rahul Dravid, he’s, Suryavanshi, “ He’s, Jake Lush McCrum, you’ve, We’re, Rishabh Pant, Shreyas Iyer, Iyer Organizations: CNN, Indian Premier League, Rajasthan Royals, Royals, Delhi Capitals, ” Royals, Ranji, Australia, Reuters, IPL, Punjab Kings, Lucknow Super Giants, Financial Times Locations: India, Jeddah, Saudi Arabia, , Bihar, Mumbai, Nagpur, Pant
Seoul, South Korea CNN —A South Korean man who ate to the point of obesity in an attempt to dodge the army has avoided prison after he pledged to take up his mandatory military service. The man, whose age was not revealed by the court, has since “expressed his intention to fulfill his military duty sincerely,” the ruling said. Women are exempt from compulsory conscription, and volunteer females account for only 3.6% of the Korean military, according to the Defense Ministry. In a 2018 survey, 72% of Korean men in their 20s said they thought the draft was a form of gender discrimination, and almost 65% believed women should also be conscripted. Nearly 83% said it was better to dodge military service if possible, and 68% believed it was a waste of time.
Persons: Organizations: South Korea CNN, country’s, Amnesty International, Constitutional, Korean, Defense Ministry, Locations: Seoul, South Korea, Korean
AdvertisementDuring his first term, Trump threatened tariffs while renegotiating trade with Mexico and Canada. Scott Bessent, Trump's pick for Treasury secretary, has called tariffs a "negotiating tool." In June of 2019, Trump threatened tariffs against Mexico if the country didn't alter its immigration system, which it eventually did. While financial analysts are taking Trump's threats seriously, some banking leaders seem to think that Trump's most recent tariff threat is a continuation of his prior negotiation tactic. Advertisement"This is President Trump's negotiating style: step one, punch in the face, step two, let's negotiate," Kieran Calder, the head of equity research for Asia at Union Bancaire Privée, said, according to Bloomberg.
Persons: Trump, Scott Bessent, Donald Trump, Robert Lawrence, Lawrence, Mark Blyth, Blyth, He's, he's, Trump's, Kieran Calder, Union Bancaire Privée, — Trump, Luis Costa Organizations: Biden, Peterson Institute for International Economics, European Union, American Free Trade, Brown University, White, Brookings Institute, NAFTA, Union Bancaire, Bloomberg, UBS, Citi Bank, Trump Locations: Mexico, Canada, Asia, China
CNN —The Maldives, with its sprawling white sand beaches and dazzling coral reefs, is one of the world’s most expensive holiday destinations. Now, though, this Indian Ocean archipelago nation has just increased the price it costs to leave. The departure tax is broken down per passenger based on the class of service they’re using to fly out of the Maldives. Located off the coast of India, the Maldives has a population of about 525,000 across more than 1,000 islands and atolls. Geography makes the Maldives an easy sell for high-end brands, as hotels and resorts can easily have their own private island.
Persons: MIRA, St Regis Organizations: CNN, Passengers, Maldivian Inland Revenue Authority, International, Ritz Carlton, US State Department Locations: Maldives, Delhi, London, Maldivian, MIRA, India, Malé
CNN —North Korea is expanding a weapons plant that manufactures missiles used by Russia against Ukraine, according to new research from a US-based think tank. Located in the country’s second-largest city, Hamhung, the factory has been visited several times by North Korean leader Kim Jong Un, with North Korean state media previously touting its mass-production of tactical missiles. Attacks on Ukraine with KN-23 missilesRussia has fired about 60 North Korean KN-23 missiles (Hwasong-11A) at Ukraine this year. And strikes using North Korean missiles have killed at least 28 people and injured 213 this year, the Ukrainian prosecutor general told CNN last week. Moscow and Pyongyang have both previously denied that North Korea has exported weapons to Russia, despite significant evidence of such transfers.
Persons: James Martin, Kim Jong Un, Sam Lair, Lair, they’re, , CNN’s Helen Regan, Daria Tarasova, Nick Paton Walsh, Victoria Butenko Organizations: CNN, Ukraine, James, James Martin Center, Nonproliferation Studies, Middlebury Institute of International Studies, North, Center, Planet Labs, Planet Labs PBC, Nonproliferation, North Korean, Russia, Korean, Ukraine’s, Corruption Locations: North Korea, Russia, Hamhung, North Korean, Ukraine, Moscow, Pyongyang, Western, Korea, United States, Netherlands, United Kingdom, Kursk
Stefani Reynolds | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. This time, it's revved up by Trump's Treasury secretary pick — Scott Bessent. "I would recommend that tariffs be layered in gradually," Bessent told CNBC earlier this month before his nomination. Small-cap stocks performed even better, probably because Bessent has expressed support for Trump's economic agenda, which would benefit smaller, domestically oriented companies.
Persons: SPX, Scott Bessent, Stefani Reynolds, it's, — Scott Bessent, Bessent, , Russell, Quincy Krosby, Alex Harring, Hakyung Kim Organizations: Key, Bloomberg, Getty, CNBC, Group, Trump, Dow Jones, Nasdaq, Treasury, LPL Locations: Washington , DC, U.S
Signage atop the Adani Group headquarters in Ahmedabad, India, on Wednesday, Feb. 1, 2023. Adani Group is staring at trouble on several fronts as investors and partners rethink ties with the Indian conglomerate in the wake of bribery and fraud accusations by U.S. authorities. Fitch Ratings has put several dollar bonds issued by Adani Group companies on its negative ratings watchlist, which means the bonds could potentially be downgraded. "Until such time when the accusations against the Adani group individuals and their consequences have been clarified, TotalEnergies will not make any new financial contribution as part of its investments in the Adani group of companies," the French company said. The U.S. International Development Finance Corp has also said it would review its prior agreements to lend $553 million to a Sri Lankan port development that's backed by the Adani Group.
Persons: Bonds, Leonard Law, Hindenburg, William Ruto, TotalEnergies, Adani Green Organizations: Leonard, Lucro Analytics, CNBC, Fitch, Adani Group, Reuters, Adani, Energy, U.S . International Development Finance Corp, DOJ Locations: Ahmedabad, India, Sri Lankan
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. In contrast to Wall Street, Asia-Pacific markets mostly fell on Tuesday. Wall Street likes BessentScott Bessent, President-elect Donald Trump's pick for U.S. Treasury secretary, has got a big thumbs up from the stock as well as bond markets. Wall Street strategists heaped praise on Bessent; global analysts also think Trump's pick is favorable for markets. Investors are in a risk-on mood because of Bessent's perceived friendliness to Wall Street and reports of Israel and Hezbollah moving closer to a cease-fire.
Persons: Scott Bessent, Bessent Scott Bessent, Donald Trump's, Trump Organizations: Key, CNBC, Japan's Nikkei, U.S, Treasury, Wall, Trump, buybacks Companies, Barclays Locations: Washington ,, Street, Asia, Pacific, Hong Kong, Mexico, Canada, Israel
CNN —With a Hezbollah-Israel ceasefire on the horizon, an 18-year-old United Nations resolution has resurfaced as a blueprint for ending the war. The 60-day cessation of hostilities aims to implement UN Security Council Resolution 1701, with the hope that it could form the basis of a lasting truce. Resolution 1701 was adopted to end a 34-day war between Israel and Lebanon in 2006, and had kept relative calm in the area for nearly two decades. Here’s what we know about the resolution and why it is critical to a ceasefire between Israel and Lebanon. In 2000, the UN established the so-called Blue Line, a “line of withdrawal” for Israeli forces from Lebanon.
Persons: Benjamin Netanyahu’s, Israel, United States –, State Condoleezza Rice, Cesar Mayoral, Stephen Chernin, , , Rabih Daher, Chris McGrath, Bezalel Smotrich, Najib Mikati, Nabih Berri, Amal, Matthew Miller Organizations: CNN, Nations, UN, Lebanese, United, UN Interim Force, State, UNIFIL, Hamas, Getty Locations: Israel, Lebanon, United States, Beirut, Palestinian, Iran, Syria, , New York City, Gaza, Lebanese, Marjeyoun, AFP, Aadaysit, Kafarkila
While leaders of the two nations continue to butt heads, US consumers have paid the price, shelling out more money on goods imported from China. Now Trump is focusing his attention on America’s largest and third-largest trading partners: Mexico and Canada. The 25% tariff Trump floated would have “huge impacts” on gas prices, amounting to an increase between 25 cents to 75 cents per gallon, he said. Said differently, your guac and avocado toast could skyrocket if 25% tariffs are levied on Mexico. Bottom line: It’s going to hurtThe new round of tariffs Trump is prepared to impose comes as the US has grown increasingly reliant on imports from Mexico and Canada.
Persons: Donald Trump’s, Trump, Joe Biden, Brace, Todd Korol, ” Patrick De Haan, Ulises Ruiz, Said, Maurico Palos, tariffs Trump, That’s Organizations: New, New York CNN, Trump, Gas, US Energy Information Administration, Rockies, Produce, Commerce Department, AFP, Getty, United, United Nations ’, General Motors, Ford, General Motors Co, Silao, Bloomberg Locations: New York, America, China, Mexico, Canada, West Coast, Kindersley , Saskatchewan, Great Lakes, Midwest, United States, Cerritos, Ciudad Guzman, Jalisco, Silao, Guanajuato
With former high-flying gambling stocks struggling so far in the fourth quarter, it's tempting to write off the entire group. MGM is only up about 10% since the August market low, and CZR is slightly above the S & P 500 in terms of performance. Over the same period, we can see that DraftKings Inc (DKNG) is up around 35%, doubling the return of the S & P 500. FLUT has now made a new 12-month relative high, as the strong performance in Q4 has outpaced other gambling stocks as well as the major equity benchmarks. As long as these two gambling stocks continue to demonstrate strong relative strength characteristics, we feel they represent excellent opportunities into year-end 2024.
Persons: FLUT, David Keller Organizations: Caesars Entertainment, MGM Resorts International, MGM, Nasdaq, CMT, CNBC, NBC UNIVERSAL
Trump selects Jamieson Greer as U.S. trade representative
  + stars: | 2024-11-26 | by ( ) www.cnbc.com   time to read: +1 min
U.S. President-elect Donald Trump tapped attorney Jamieson Greer on Tuesday to serve as the U.S. Trade Representative, a pick that will play an important role in the Republican's agenda to remake the international trading environment through tariffs. Greer, an attorney who has practiced international trade law, served as chief of staff to the USTR Robert Lighthizer during the first Trump administration. Trump said Greer's efforts under Lighthizer helped reverse decades of "disastrous trade policies." His focus, if confirmed by the U.S. Senate, will be to rein in the trade deficit and open up "export markets everywhere," among other things, Trump said. Lutnick will have "direct responsibility" for the Office of the U.S. Trade Representative, he said last week.
Persons: Donald Trump, Jamieson Greer, Jamieson, Trump, Greer, Robert Lighthizer, Lighthizer, Howard Lutnick, Lutnick Organizations: U.S . Trade Representative, USMCA, American Workers, U.S . Senate Locations: China
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