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☆ These Are the Key Players in the Case Against Senator Menendez
▼ + stars: | 2023-09-22 | by ( Tracey Tully | More About Tracey Tully | ) www.nytimes.com time to read: +1 min

He now lives in Bergen County with his wife of three years, Nadine Menendez. They met years ago at one of his favorite haunts, an IHOP in Union City, a city he has represented as mayor and in the State Legislature and the House of Representatives before being elected to the Senate. Mr. Menendez has been preparing to run for a fourth Senate term, and there are no indications that the indictment will change that plan. As a young man, he wore a bulletproof vest into federal court to testify against a onetime mentor, William V. Musto, then the mayor of Union City. Mr. Musto was convicted of taking hundreds of thousands of dollars in kickbacks from a contractor hired to build schools.

Persons: Nadine Menendez, Menendez, William V, Musto, Chris Christie Organizations: State Legislature, Senate, Foreign, Justice Department Locations: Bergen County, Union City, U.S, New Jersey

☆ Sen. Bob Menendez is facing charges yet again — this time in the most cartoonish corruption scandal you can imagine
▼ + stars: | 2023-09-22 | by ( Rebecca Cohen | Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Federal prosecutors are charging Sen. Robert Menendez in a bribery and corruption scandal. Menendez allegedly helped a trio of businessmen and Egypt in exchange for — among other things — gold bars. Menendez previously faced corruption charges in 2017, but the case was dropped. The indictment alleges that Menendez "provided sensitive US government information and took other steps that secretly aided the Government of Egypt." In exchange, prosecutors allege that Wael "Will" Hana, who helped run the company, provided Menendez's wife, Nadine Menendez, a "low-or-no-show job."

Persons: Sen, Robert Menendez, Menendez, Jersey Sen, Wael, Will, Hana, Nadine Menendez, Trump, SDNY, It's Organizations: Service, US, Office, of, Foreign Relations, EG, Inc, Prosecutors, Benz, Department of Agriculture, District of Locations: Egypt, Wall, Silicon, Jersey, Southern, of New York, New Jersey, District of New Jersey

As the day went on after the bombshell indictment, Democrats began bailing on their legally troubled colleague. The indictment said Menendez used his position to help the business executives as well. The indictment includes cinematic, almost comical details about the payoffs Menendez is said to have accepted. Some of the cash was stashed in jackets that were embroidered with the words "Robert Menendez" or "Senator Menendez." At one point, the indictment said, Menendez did a Google search for "kilo of gold price."

Persons: Bob Menendez, Menendez, –, Donald Trump, Joe Biden's, Phil Murphy, ” Murphy, Craig Coughlin, Leroy Jones, Andy Kim, Mikie Sherrill, Tom Malinowski, Noah Bookbinder, taints Menendez, Bookbinder, ”, Trump, fundraised, Ron Filipkowski, they're, Ron DeSantis's, Lisa McCormick, Ross Baker, Murphy, Baker, Nadine Menendez, Wael Hana, Jose Uribe, Fred Daibes, Nadine, Biden, Daibes, “, Damian Williams, Robert Menendez, Uribe, Hana Organizations: GOP, Department of Justice, Republicans, Democratic Gov, New, New Jersey Democrats, Democratic, Senate, Democrats, Senate Foreign Relations, Justice, U.S, Republican, Florida Gov, Foreign, Rutgers University, Benz, Embassy, of, Department of Agriculture, Manhattan U.S Locations: New Jersey, Washington, Sarasota , Florida, Menendez's, Jersey, Florida, Tahesha, U.S, Cairo, Egypt, Southern, of New York, Manhattan

Senator Robert Menedez (D-NJ) walks to the Senate floor for a procedural vote at the U.S. Capitol in Washington, U.S. September 20, 2023. The investigation marks the third time Menendez has been investigated by federal prosecutors, but he has never been convicted. Prosecutors said Hana, who is originally from Egypt, arranged dinners and meetings between Menendez and Egyptian officials in 2018 at which the officials pressed Menendez on the status of U.S. military aid. Menendez at a meeting in 2018 told Hana non-public information about the status of the aid, prosecutors said. Hana then texted an Egyptian official, "The ban on small arms and ammunition to Egypt has been lifted," according to the indictment.

Persons: Robert Menedez, Jonathan Ernst, Bob Menendez, Menendez, Joe Biden, Prosecutors, Damian Williams, Nadine Menendez, Wael Hana, Jose Uribe, Fred Daibes, Uribe, Daibes, Hana, Egypt’s, Jon Corzine, Clifford Case, Luc Cohen, Jonathan Stempel, Simon Lewis, Andrew Goudsward, Tom Hals, Mark Porter Organizations: U.S, Capitol, REUTERS, New Jersey businessmen, U.S . Senate, Foreign Relations, Prosecutors, NBC, Benz, Hana, State Department, U.S . Department of Agriculture, USDA, New, Republican, Thomson Locations: Washington , U.S, WASHINGTON, New Jersey, U.S, Manhattan, Egypt, Ukraine, China, United States, Washington, New York

☆ If Bob Menendez wanted to legally get rich while being a senator, he could've just written a more popular book
▼ + stars: | 2023-09-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Sen. Bob Menendez took bribes of cash, gold, and other luxury items, according to a new indictment. But there's a way more legal way to make money as a senator — just write a best-selling book! AdvertisementAdvertisementBut there's a totally legal way to make extra money — sometimes way more money than the $174,000 salary — as a sitting member of Congress. That would seem to indicate that Menendez's book wasn't exactly a cash cow for him. Perhaps if he had run for president, as many of the top book-sellers in the Senate have, he could've written another book and made more money, the legal way.

Persons: Sen, Bob Menendez, —, Menendez, hasn't, Nadine, Mercedes, It's, Democratic Sen, Raphael Warnock of, Republican Herschel Walker, Bernie Sanders, Eva Longoria, Kris Connor, Peter Eisner Organizations: Service, New, New Jersey Democrat, Benz, Democratic, Republican, Capitol, National Museum of Locations: Wall, Silicon, New Jersey, Egypt

☆ An Egyptian official responded with a 'thumbs up' emoji when Sen. Bob Menendez offered sensitive weapons information for gold and bribes, prosecutors say
▼ + stars: | 2023-09-22 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

Sen. Bob Menendez was hit with bribery charges by federal prosecutors in a newly-unsealed indictment. Prosecutors claimed that Menendez provided sensitive US government data to Egypt, to which in one instance, Egyptian officials responded to a weapons deal with a thumbs-up emoji, per the indictment. In 2018, Menendez met with Egyptian officials, where the senator expressed his support for foreign military aid for Egypt. Egypt: 46,000 120MM Target Practice Rounds and 10,000 Rounds Tank Ammunition: $99 million," Sen. Bob Menendez texted his wife, Nadine, per the indictment. Both Hana and Nadine Menendez are also charged in the indictment.

Persons: Sen, Bob Menendez, Menendez, Will Hana, Hana, Bob Menendez texted, Nadine, Prosecutors, Nadine Menendez, Chuck Schumer Organizations: Prosecutors, Service, Bob Menendez of New, Menendez, Foreign Relations Locations: Wall, Silicon, Bob Menendez of, Bob Menendez of New Jersey, New Jersey, Egypt

☆ Sen. Bob Menendez Googled 'how much is one kilo of gold worth' around the time his wife accepted alleged bribes, indictment says
▼ + stars: | 2023-09-22 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Sen. Bob Menendez Googled the price of "kilos of gold" during an alleged bribery scheme, an indictment claims. The senator's most recent financial disclosure showed that his wife continued to own gold bars. AdvertisementAdvertisementThe indictment claims that gold bars were part of the hundreds of thousands in bribes the couple accepted. Menendez previously amended his Senate financial disclosure reports to report that Nadine Menendez, his wife, had gold bars worth as much as $250,000 in 2020, The New York Times reported. His most recent financial disclosure shows his wife continued to have up to $250,000 in gold bars.

Persons: Sen, Bob Menendez, Prosecutors, Menendez, MENENDEZ, Fred Daibes, Daibes, Nadine Menendez, Will Hana, Nadine Menendez's Organizations: Service, Democrat, Foreign Relations, Google, Prosecutors, New, New Jersey Democrat, The New York Times, Senators Locations: Wall, Silicon, New Jersey, Egypt, Jersey

“For years, forces behind the scenes have repeatedly attempted to silence my voice and dig my political grave,” Menendez said in a statement. It's a sign, those who know Menendez said, that he won't be going anywhere without a fight, for now. His own biography touts the fact that he wanted to fight corruption early in his political career, testifying against Union City officials and building a reputation as tough. Menendez was appointed to be a U.S. senator in 2006 when the seat opened up after incumbent Jon Corzine became governor. The couple began dating in 2018 and got engaged in 2019 after meeting at an IHOP in Union City, a frequent haunt of Menendez’s.

Persons: — Sen, Bob Menendez's, Menendez, “, ” Menendez, “ Sen, what’s, I’ve, Steve Sweeney, ’ It’s, —, Jon Corzine, hasn't, Bob Menendez, ”, Benjamin Dworkin, Nadine, Alicia Menendez, Rob Menendez, Biden, Loretta Weinberg, he's, Dr, Salomon Melgen, wasn't, He's, Philip R, Sellinger Organizations: Democratic, Union City, U.S . House, Foreign Relations, Republican Party, “, Rowan Institute for Public Policy, Citizenship, Republicans, New Locations: TRENTON, N.J, Union City , New Jersey, U.S, Union City, New Jersey, Florida, Dominican Republic, Egypt

Senator Bob Menendez (D-NJ) and his wife Nadine Arslanian arrive for a state dinner in honor of French President Emmanuel Macron at the White House in Washington, U.S., December 1, 2022. A lawyer for Arslanian, who also goes by Nadine Menendez, said she denied wrongdoing and would "vigorously defend" against the allegations in court. Arslanian, 56, reportedly met Menendez, 69, at an IHOP pancake restaurant, which the senator has praised as a favorite dining spot. Soon after she met Menendez, Arslanian worked with businessman Wael Hana to introduce the senator, the powerful chairman of the U.S. Senate Committee on Foreign Relations, to Egyptian officials, the indictment said. She then forwarded it to Egyptian officials, according to the indictment.

Persons: Bob Menendez, Nadine Arslanian, Emmanuel Macron, Amanda Andrade, Rhoades, Menendez, Arslanian, Nadine Menendez, Wael Hana, Hana, Tom Hals, Luc Cohen, Daniel Wallis Organizations: White, REUTERS, U.S ., Foreign Relations, U.S . State Department, U.S, Embassy, Strategic, Business, Thomson Locations: Washington , U.S, New Jersey, COVID, India, Cairo, Egypt, Englewood Cliffs , New Jersey, Wilmington , Delaware, New York

☆ Analysis-Amid Israel turmoil, markets want continuity at central bank helm
▼ + stars: | 2023-09-21 | by ( Steven Scheer | ) www.reuters.com time to read: +5 min

JERUSALEM (Reuters) - Financial markets are hoping Prime Minister Benjamin Netanyahu keeps Bank of Israel Governor Amir Yaron for a second term to safeguard the bank’s independence and provide reassuring stability to an economy rattled by political turmoil this year. FILE PHOTO: The Bank of Israel building is seen in Jerusalem June 16, 2020. “Therefore, markets and credit rating agencies are reading more into the question of ‘yes’ or ‘no’ to a second term. “Who will be governor is a major concern for investors abroad,” said Leader Capital Markets Chief Economist Jonathan Katz. Israeli media have reported that Netanyahu is considering Efraim Benmelech - a professor of finance at Kellogg School of Management at Northwestern University.

Persons: Benjamin Netanyahu, Amir Yaron, Ronen, Netanyahu, Yaron, Karnit Flug, Fitch, ”, Jonathan Katz, “, ” Katz, Nadine Baudot, Jacob Frenkel, ” Frenkel, Netanyahu’s, Flug, Stanley Fischer, Fischer, Efraim Benmelech, Benmelech, Andrew Abir Organizations: Bank, Israel, Bank of, REUTERS, Netanyahu’s, Wharton School, University of Pennsylvania, Reuters, ”, Capital Markets, Bank of Israel, Israel Democracy Institute, U.S . Federal Reserve, Kellogg School of Management, Northwestern University Locations: JERUSALEM, Bank of Israel, Jerusalem, Israeli, United States, Ukraine, Russia, “ Israel, Israel

☆ Analysis: Amid Israel turmoil, markets want continuity at central bank helm
▼ + stars: | 2023-09-21 | by ( Steven Scheer | ) www.reuters.com time to read: +6 min

[1/2] The Bank of Israel building is seen in Jerusalem June 16, 2020. "Therefore, markets and credit rating agencies are reading more into the question of 'yes' or 'no' to a second term. "Who will be governor is a major concern for investors abroad," said Leader Capital Markets Chief Economist Jonathan Katz. A few years earlier in 2010, Stanley Fischer accepted a second term and helped Israel weather the global financial crisis. Reporting by Steven Scheer Additional reporting by Maayan Lubell Editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Ronen, Amir Yaron's, Benjamin Netanyahu, Amir Yaron, Yaron, Netanyahu, Flug, Fitch, Jonathan Katz, Katz, Nadine Baudot, Jacob Frenkel, Frenkel, Netanyahu's, Stanley Fischer, Fischer, Efraim Benmelech, Benmelech, Andrew Abir, Steven Scheer, Maayan, Christina Fincher Organizations: Bank of, REUTERS, Bank, Israel, Netanyahu's, Wharton School, University of Pennsylvania, Reuters, Capital Markets, Bank of Israel, Israel Democracy Institute, U.S . Federal Reserve, Kellogg School of Management, Northwestern University, Thomson Locations: Bank of Israel, Jerusalem, JERUSALEM, Israeli, United States, Ukraine, Russia, Israel

☆ Aurubis: Thieves stole nearly $200 million from Europe's largest copper producer
▼ + stars: | 2023-09-19 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +2 min

London CNN —Fraudsters have robbed Europe’s largest copper producer of €185 million ($198 million) worth of the metal, possibly with the help of insiders, the company said Tuesday. The inventory had established the scale of thefts the company disclosed on August 31 and in June, an Aurubis spokesperson told CNN. The losses forced Aurubis to slash its pretax profit forecast for the current fiscal year by about €170 million ($182 million). Whether the same criminals are behind these past cases and the theft disclosed in August is the subject of ongoing investigations, the Aurubis spokesperson said Tuesday. Aurubis produces about 1.1 million tonnes (1.2 million tons) of copper “cathodes,” or square sheets, per year at plants in Europe and the United States.

Persons: London CNN —, Germany’s Aurubis, Aurubis, “, Nadine Schmidt Organizations: London CNN, CNN, Office, State, Criminal Investigation Locations: Hamburg, Europe, United States

☆ Qatar confirms $6 bln in unfrozen Iranian funds transferred to Doha triggering U.S.-Iran prisoner swap - source
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: 1 min

DOHA, Sept 18 (Reuters) - Qatar has confirmed that unfrozen Iranian funds worth $6 billion have been transferred to bank accounts in Doha, a source briefed on details of the matter told Reuters on Monday, triggering a U.S.-Iran prisoner swap. A Qatari aircraft was on standby in Iran on Monday morning to fly five U.S. prisoners and two family members to Doha, the source said. The swap deal, mediated by Qatar and announced broadly on Aug. 10, allows five U.S. citizens detained by Iran to leave in exchange for the transfer of the funds to banks in Qatar and the release of five Iranians held in the United States. Reporting by Andrew Mills; Editing by Nadine Awadalla and Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Mills, Nadine Awadalla, Gareth Jones Organizations: Reuters, Qatari, Doha, Thomson Locations: DOHA, Qatar, Doha, U.S, Iran, United States

☆ Iran says prisoner swap with U.S. to take place today
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: 1 min

The Iranian and U.S. flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsDUBAI, Sept 18 (Reuters) - A prisoner swap involving five Iranian prisoners and five American prisoners will take place on Monday, Iran's foreign ministry spokesperson said. Iranian funds frozen in South Korea will be in Iran's possession on Monday, Nasser Kanaani added. Reporting by Elwely Elwelly; Editing by Nadine AwadallaOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Nasser Kanaani, Elwely Elwelly, Nadine Awadalla Organizations: Iranian, REUTERS, Rights, Thomson Locations: U.S, Rights DUBAI, South Korea

☆ Qatar Confirms $6 Billion in Unfrozen Iranian Funds Transferred to Doha Triggering U.S.-Iran Prisoner Swap - Source
▼ + stars: | 2023-09-18 | by ( Sept. | At A.M. | ) www.usnews.com time to read: 1 min

DOHA (Reuters) - Qatar has confirmed that unfrozen Iranian funds worth $6 billion have been transferred to bank accounts in Doha, a source briefed on details of the matter told Reuters on Monday, triggering a U.S.-Iran prisoner swap. A Qatari aircraft was on standby in Iran on Monday morning to fly five U.S. prisoners and two family members to Doha, the source said. The swap deal, mediated by Qatar and announced broadly on Aug. 10, allows five U.S. citizens detained by Iran to leave in exchange for the transfer of the funds to banks in Qatar and the release of five Iranians held in the United States. (Reporting by Andrew Mills; Editing by Nadine Awadalla and Gareth Jones)

Persons: Andrew Mills, Nadine Awadalla, Gareth Jones Organizations: DOHA, Reuters, Qatari, Doha Locations: Qatar, Doha, U.S, Iran, United States

☆ All of UK retailer Wilko's stores to shut, with over 9,000 job losses
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +2 min

[1/2] A branch of the discount retail homeware store Wilko is seen in Altrincham, Britain, September 11, 2023. PwC confirmed that 124 Wilko stores were set to close by Sept. 21, while the timing for the closure of the remaining 222 stores has yet to be announced. Some job losses in addition to those set out on Monday had been announced in recent weeks. Earlier this month London-listed retailer B&M (BMEB.L) struck a deal to buy 51 Wilko stores for up to 13 million pounds ($16.26 million). "Wilko should have thrived in a bargain retail sector that is otherwise strong, but it was run into the ground by the business owners."

Persons: Molly Darlington, PwC, Wilko, Doug Putman, Nadine Houghton, James Davey, Muvija, Sachin Ravikumar, Paul Sandle, Susan Fenton Organizations: REUTERS, HMV, Thomson Locations: Altrincham, Britain, Leicester, England, Wilko, London

CNN —As Germany’s far-right Alternative for Germany (AfD) grows ever popular, the country’s once dominant Christian Democratic Union (CDU) party finds itself at a crossroads. The center-right CDU was in power for much of Germany’s post-war era and oversaw the reunification of East and West Germany. Max Schwarz/ReutersBerlin’s CDU mayor, Kai Wegner, took to X to write: “What cooperation is there to be had? Populist parties as ‘lightning rods’The CDU’s Michael Kretschmer, state premier of Saxony, believes a shift in policy is the best approach for democratic parties to stop the rise of the far-right. Opinion polls in his state, one of the five that make up Germany’s former east, put the AfD in the lead; Saxony has long been a stronghold for the far-right party.

Persons: Angela Merkel, Friedrich Merz, shockwaves, Merz, Merz backpedaled, ”, Robert Sesselmann, Max Schwarz, Kai Wegner, Jörg, “, ” “, Kühne, ” Tino Chrupalla, John MacDougall, Merkel, it’s, sadi, Michael Kretschmer, Kretschmer Organizations: CNN, Christian Democratic Union, CDU, East, Social, Green Party and Free Democrats, ZDF, Reuters Berlin’s CDU, INSA, New, SPD, Greens, ARD, Bundestag, Getty, Federal Criminal Police, UN, UNHCR, “, Citizens Locations: Germany, West Germany, Sonneberg, Thuringia, Germany’s, Saxony, Leipzig, West, East Germany, East Germans, West Germans, Saxony Anhalt, Ukraine, Poland, Syria

☆ UK PM Sunak faces new vote to fill seat after lawmaker accused of groping resigns
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

LONDON, Sept 7 (Reuters) - British Prime Minister Rishi Sunak faces another difficult vote to fill a vacant seat in parliament after a lawmaker who was given an eight-week suspension for groping two men at a London club last year announced he plans to resign. Johnson's initial perceived downplaying of the allegations added to pressure that ultimately led to Johnson's resignation as prime minister. But he lost that appeal on Monday and faced removal by his constituents due to the length of the suspension. The vote to replace him is held on the same day as a by-election to replace former culture minister and Sunak critic Nadine Dorries. Reporting by Muvija M, Alistair Smout and Andrew MacAskill; editing by William JamesOur Standards: The Thomson Reuters Trust Principles.

Persons: Rishi Sunak, Chris Pincher, Boris Johnson, Pincher, Nadine Dorries, energise, Sunak, Muvija M, Alistair Smout, Andrew MacAskill, William James Our Organizations: British, London, Conservative Party, Conservatives, Labour Party, Thomson

☆ Why American families are leaving the US for Europe
▼ + stars: | 2023-09-02 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Finally, Pennsylvanian Alan Andrew and his Belgian husband, Vincent Proost, bought a rundown farmhouse in the Alentejo region of Portugal. Young hearts run freeThere comes a day in all our lives when we’ve taken our final vacation, whether we realize it at the time or not. From next year, it won’t even be free to travel to Europe. The new ETIAS visa waiver program will allow entry into EU countries for fees starting at $7.70.

Persons: who’ve, Dawkins, Nadine, Kim, –, Alan Andrew, Vincent Proost, we’ve, Terry Ward, you’re, We’ve, It’s, CNN Riiya Shukla, Arabia ”, “, ” Organizations: CNN, Labor, Pearl, Auckland, Auckland Airport Locations: United States, Texas, Latronico, North Carolina, Umbria, Belgian, Alentejo, Portugal, Florida, Canada, Italy, Europe, Asia, Bhutan, Ho Chi Minh City, Vietnam, Tokyo, Kong’s, New Zealand, Norway, Arabia, Antalya, Instagram

☆ Aurubis, Europe's largest copper producer, rocked by huge metal theft
▼ + stars: | 2023-09-01 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +2 min

London CNN —Aurubis, Europe’s largest copper producer, says it has been the target of a huge theft, with damages running into hundreds of millions of euros. “During a scheduled review of metal inventories, Aurubis has identified considerable discrepancies in target inventory,” the German company said Thursday in a statement. Aurubis produces about 1.1 million tonnes (1.2 million tons) of copper “cathodes,” or square sheets, per year at plants in Europe and the United States. The company accounts for around 30% of Europe’s production of such copper and 3% to 5% of global output, a spokesperson told CNN. The company has involved the State Office of Criminal Investigation in Hamburg, Germany, where Aurubis is based, the copper producer said.

Persons: London CNN —, Aurubis, ”, Nadine Schmidt Organizations: London CNN, CNN, Criminal Investigation Locations: Europe, United States, Hamburg, Germany

☆ Germany charges 98-year-old former Nazi camp guard
▼ + stars: | 2023-09-01 | by ( Nadine Schmidt | ) edition.cnn.com time to read: +2 min

Berlin CNN —A 98-year-old former Nazi concentration guard has been indicted on charges of aiding and abetting the murder of more than 3,300 people during the Holocaust, German authorities said on Friday. The public prosecutor in the western city of Giessen, near Frankfurt, said in a statement that the man worked at the Sachsenhausen concentration camp between 1943 and 1945. Germany is racing against time to bring the last surviving perpetrators of Nazi war crimes – now well into old age – to justice. Of the roughly 200,000 prisoners who passed through the camp, around 100,000 are thought to have died there. An estimated 6 million Jews were killed in Nazi concentration camps during World War II.

Persons: “, – Organizations: Berlin CNN Locations: Giessen, Frankfurt, Sachsenhausen, Hanau, Germany, Stutthof, Polish, Gdansk

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Persons: Dow Jones, loewe Organizations: armani, prada

☆ Despite crackdown on junk fees, this banking surcharge just hit a record high
▼ + stars: | 2023-08-30 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

eclipse_images | E+ | Getty ImagesATM fees rise while overdraft, NSF fees fall"ATM fees are biting harder than ever," said Greg McBride, Bankrate's chief financial analyst. When factoring in the combined fees for using an out-of-network ATM, the average fee is $4.73, also a fresh high. On the upside, overdraft fees and non-sufficient funds fees are now significantly lower. watch nowHowever, few banks have done away with them altogether: 91% of banks still charge overdraft and 70% charge non-sufficient funds fees, Bankrate also found. "Despite recent progress in addressing overdraft fees, the job is far from complete," said Nadine Chabrier, the Center for Responsible Lending's senior policy counsel, in a statement.

Persons: Greg McBride, Bankrate, Nadine Chabrier Organizations: Getty, CFPB, Bank of America, Center

☆ Conservative UK lawmaker formally quits with scathing attack on PM Sunak
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +2 min

LONDON, Aug 27 (Reuters) - UK member of parliament Nadine Dorries has delivered a scathing attack on her Conservative Party's leader Rishi Sunak in her formal resignation letter, accusing the prime minister of running a "zombie parliament" and lacking any political vision. "Since you took office a year ago, the country is run by a zombie parliament where nothing meaningful has happened. "You hold the office of prime minister unelected, without a single vote, not even from your own MPs. A former finance minister and investment banker, Sunak became prime minister in October last year after being the only candidate to be nominated in a party leadership contest. "In your impatience to become prime minister you put your personal ambition above the stability of the country and our economy," said Dorries.

Persons: Nadine Dorries, Rishi Sunak, Boris Johnson, Dorries, Sunak, Johnson, Liz Truss, Kylie MacLellan, Frances Kerry Organizations: Conservative, Labour Party, Conservatives, Labour, Sunak's Conservatives, Thomson Locations: Sunak

CNN —A mountain guide found the body of a man believed to have died more than 20 years ago on a glacier in Austria, police announced on Tuesday. The guide discovered the body on Friday on East Tyrol’s Schlatenkees glacier at an altitude of approximately 2,900 meters (9,500 feet) and notified police, who recovered it by helicopter. Police added that the man is believed to have had an accident on the glacier in 2001 and was traveling with ski touring equipment. Cash, a bank card and a driver’s license were found inside a nearby backpack belonging to the man, whom police tentatively identified as a 37-year-old Austrian. The Schlatenkees glacier, where the latest body was found, retreated by an unprecedented 60-100 meters (197-328 feet) between 2019 and 2022, according to Greenpeace.

Persons: Lindsey Nicholson, ” Nicholson Organizations: CNN, Police, University of Innsbruck, Greenpeace Locations: Austria, Switzerland

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