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☆ Key takeaways from the IMF-World Bank meetings
▼ + stars: | 2023-10-14 | by ( ) www.cnbc.com time to read: +4 min

U.S. Secretary of Treasury Janet Yellen arrives for a bilateral meeting on the third day of the International Monetary Fund and World Bank annual meeting, in Marrakech, Morocco, October 11, 2023. Susana Vera | ReutersOvershadowed by fresh Middle East violence and hosted by a country still recovering from an earthquake, the week-long annual meetings of the International Monetary Fund and World Bank wrapped up on Saturday. Global inflation is seen dropping from 6.9% this year to a still-high 5.8% next. Italian central bank governor Ignazio Visco said there was an impression markets were "reevaluating the term premium" as investors become more nervous about holding longer-term debt. One debt restructuring deal emerged: Zambia finally agreed a debt rework memorandum of understanding with creditors including China and France.

Persons: Janet Yellen, Susana Vera, Pierre, Olivier Gourinchas, Italy —, Ignazio Visco, Joyce Chang, Vitor Gaspar, Mehmet Simsek, Murat Ulgen Organizations: International Monetary Fund, Bank, Reuters, Emerging, Research, HSBC, Export, Import Bank of Locations: Marrakech, Morocco, Moroccan, Israel, Central, United States, China, Italy, Italian, Turkey, Kenya, Zambia, France, Sri Lanka, Import Bank of China

☆ IMF's chief economist urges Italy to toughen budget plans -media
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Susana Vera/File photo Acquire Licensing RightsROME, Oct 12 (Reuters) - The International Monetary Fund wants Italy to make its 2024 budget framework more stringent, as tax cut plans made the Fund "a bit worried", its chief economist, Pierre-Olivier Gourinchas, said in a newspaper interview on Thursday. Gourinchas told the Corriere della Sera daily that Italy's structural deficit, net of interest spending, was not seen as falling fast enough. The IMF was "a bit worried" by planned tax cuts that "don't necessarily seem to go in the right direction", he added. It would be "desirable" if Prime Minister Giorgia Meloni's government revised its fiscal plans to make them more stringent before they are approved by parliament, he said. Over the next month Italy's budget faces scrutiny from credit ratings agencies, with S&P Global, DBRS, Fitch and Moody's all reviewing their assessment of the euro zone's third largest economy.

Persons: Pierre, Olivier Gourinchas, Susana Vera, Gourinchas, Giorgia, DBRS, Fitch, Moody's, Gavin Jones, Clarence Fernandez Organizations: Research Department IMF, Reuters, International Monetary Fund, World Bank, REUTERS, Rights, Monetary Fund, della Sera, IMF, P, Thomson Locations: Marrakech, Morocco, Italy, Rome

Israeli assets and the shekel remain under pressure and oil and gold prices are marginally higher than last week. World Markets Impact From MidEast Attacks WanesBlackRock chart on its Geopolitical Risk IndicatorNOWHERE TO RUN TO... Last updated shortly before the weekend events in Israel, BlackRock's Geopolitical Risk Indicator - which attempts to capture market attention to political risks - had indeed crept up to six month highs. Releasing its World Economic Outlook on Tuesday, the International Monetary Fund warned that more volatile commodity prices were a possible reflection of both greater climate and geopolitical risk. And yet hand wringing about geopolitical risk in different corners of the globe can also deflect from rising political risks in core economies - not the least in the United States.

Persons: Brendan McDermid, Vincent Mortier, Anna Rosenberg, Kristina Hooper reckons, Hooper, that's, It's, Amundi's Rosenberg, Pierre, Olivier Gourinchas, Gourinchas, Josie Kao Organizations: New York Stock Exchange, REUTERS, West Bank, International Monetary Fund, IMF, Treasury, Reuters, Thomson Locations: New York City, U.S, Israel, Gaza, Iran, United States, Saudi Arabia, Russia, China, Taiwan, Ukraine

If the Fed's holdings of long-dated securities were shrinking like other parts of the curve, or even at all, more of these bonds would be available to the wider market. Wang recognizes that if the Fed held fewer longer-dated securities these yields might be even higher, but also points out that the Fed's holdings are largely determined by what Treasury issues. All told, the Fed's 'QT 2' is almost twice the pace of QT 1. Reuters Image Acquire Licensing RightsSince the Fed started QT 2, its total holdings of Treasury bills and bonds have fallen to $4.93 trillion from $5.77 trillion. The average profile of Fed-held Treasury debt is longer than total outstanding Treasury debt, and getting longer.

Persons: Sukree, Benson Durham, Piper Sandler, Joseph Wang, Wang, Pierre, Olivier Gourinchas, Neel Kashkari, Jamie McGeever, Andrea Ricci Organizations: Rights, Fed, Treasury, Reuters, Monetary, Minneapolis, Thomson Locations: Kasikornbank, Bangkok, Rights ORLANDO , Florida, Durham

☆ Ukraine receives $1.15 bln grant from US under World Bank program
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +1 min

Olivier Matthys/Pool via REUTERS Acquire Licensing RightsKYIV, Oct 11 (Reuters) - Ukraine received a $1.15 billion grant from the United States on Wednesday as part of the PEACE in Ukraine program, the Ukrainian finance ministry said. The PEACE (Public Expenditures for Administrative Capacity Endurance) in Ukraine project has been the World Bank's flagship financing instrument for Kyiv during Russia's war on Ukraine. "In 2023, Ukraine has already received $10.9 billion in direct budget support from the United States in the form of grants," the finance ministry said. The project aims to compensate state budget expenditures in the social and humanitarian spheres, and is not intended for security or defence, the ministry said. The U.S. government has this year allocated $10.9 billion to finance Ukraine's state budget, it said.

Persons: Defense Lloyd Austin III, Volodymyr Zelenskiy, Olivier Matthys, Serhiy Marchenko, Yuliia Dysa, Timothy Organizations: Defense, Ukraine Defense Contact, NATO Defense, REUTERS Acquire, Rights, Timothy Heritage, Thomson Locations: Ukraine, Brussels, Belgium, United States, Ukrainian, U.S

☆ Janet Yellen sees limited economic impact from war in Israel
▼ + stars: | 2023-10-11 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —The war between Israel and Hamas is unlikely to have a significant impact on the global economy, US Treasury Secretary Janet Yellen said Wednesday. Global oil prices had surged earlier in the week on fears that the war could cause wider instability in the oil-producing Middle East. But Yellen said Wednesday that the United States had not “in any way” relaxed sanctions on oil exports from Iran. But it cautioned in its latest World Economic Outlook report — finalized before the conflict erupted — that economic growth remained weak and patchy. The IMF shaved its forecast for global growth in 2024 by 0.1 percentage point to 2.9%.

Persons: Janet Yellen, I’m, ”, Yellen, Pierre, Olivier Gourinchas, —, — Robert North Organizations: London CNN, International Monetary Fund, Bank, Stock, Global, Chevron, IMF Locations: Israel, Morocco, Iran, China, Washington, United States, Saudi Arabia, Russia, Egypt, Jordan, Europe

☆ IMF says US bond sell-off may reflect extra quantities on market
▼ + stars: | 2023-10-10 | by ( Andrea Shalal | ) www.reuters.com time to read: +1 min

IMF chief economist Pierre-Olivier Gourinchas said the selloff of U.S. bonds could reflect a mismatch in supply, rather than serious concerns about further hikes in interest rates or heightened concerns about long-term risks. "We're not seeing a huge decline in risk appetite in equity markets and credit markets, so it's a little bit odd," he said. "If you're looking at the U.S. Treasury market, maybe there's a question about who the buyers might be in the context where the government is also issuing quite a bit of that stuff." "In good times, that's a time to maybe reduce the deficit so that you can expand them when times are bad," he said. "The markets are asked to absorb a lot of debt out there ... maybe there is a little bit less appetite for that.

Persons: Pierre, Olivier Gourinchas, Gourinchas, that's, Andrea Shalal, Marguerita Choy Organizations: Monetary Fund, selloff, World Bank, U.S . Treasury Locations: MARRAKECH, Morocco, U.S, Marrakech

☆ IMF says global economy 'limping along,' cuts growth forecast for China, euro area
▼ + stars: | 2023-10-10 | by ( Andrea Shalal | ) www.reuters.com time to read: +6 min

サマリー Global growth forecast unchanged at 3.0% in 2023Inflation dropping but 'not quite there yet'-IMF chief economistIMF raises U.S. forecast, cuts outlook for China, euro areaMARRAKECH, Morocco, Oct 10 (Reuters) - The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro area and said overall global growth remained low and uneven despite what it called the "remarkable strength" of the U.S. economy. The IMF left its forecast for global real GDP growth in 2023 unchanged at 3.0% in its latest World Economic Outlook (WEO), but cut its 2024 forecast by 0.1 percentage point to 2.9% from its July forecast. "The global economy is showing resilience. "We see a global economy that is limping along and it's not quite sprinting yet." It left Japan's 2024 growth outlook unchanged at 1.0%.

Persons: Pierre, Olivier Gourinchas, Gourinchas, It's, it's, Andrea Shalal, Andrea Ricci Organizations: IMF, Monetary Fund, Economic, International Monetary Fund, World Bank, Reuters, Labor, U.S, autoworkers Locations: China, MARRAKECH, Morocco, U.S, Ukraine, Israel, Marrakech, United States, Japan

Oct 11 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. But Atlanta Fed President Raphael Bostic's remarks, that he believes the Fed has finished raising rates, will help Asian markets pick up on Wednesday from where global markets left off on Tuesday. "I actually don't think we need to increase rates anymore," said Bostic, following the dovish path set by two Fed colleagues on Monday. Minneapolis Fed President Neel Kashkari on Tuesday also struck a similar tone, leading investors to think that the Fed 'pivot' is underway. All else equal this should lower the dollar and U.S. yields, boost risk appetite, and lift Asian and emerging markets.

Persons: Jamie McGeever, Raphael Bostic's, Neel Kashkari, Pierre, Olivier Gourinchas, Fed's Bowman, Waller, Collins, Josie Kao Organizations: Federal Reserve, Investors, IMF, World Bank, Atlanta Fed, Fed, . Minneapolis, Monetary Fund, Hang, Bank, Thomson, Reuters Locations: Morocco, Israel, Gaza, Marrakech, Bostic, Japan

☆ Global economy 'limping along' below pre-pandemic growth level, IMF's chief economist says
▼ + stars: | 2023-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGlobal economy 'limping along' below pre-pandemic growth level, IMF's chief economist saysPierre-Olivier Gourinchas, economic counsellor and director of the research department at the International Monetary Fund, discusses divergences in global growth, resilience in the U.S. and revisions to the IMF's outlook.

Persons: Pierre, Olivier Gourinchas Organizations: International Monetary Fund Locations: U.S

The IMF said it expects global economic growth to slow to 2.9% in 2024 from an expected 3% this year. “The global economy is limping along, not sprinting," IMF chief economist Pierre-Olivier Gourinchas said at a news conference during the organization's annual meeting in Marrakech, Morocco. If sustained, a 10% increase in oil prices would reduce global economic growth by 0.15% and increase global inflation by 0.4%, Gourinchas said. So far, the increase in oil prices has been “fairly muted,” said Commerzbank commodities analyst Carsten Fritsch. The United States is a standout in the IMF’s latest World Economic Outlook, which was completed before the outbreak of war between Israel and Hamas.

Persons: Pierre, Olivier Gourinchas, “, Gourinchas, “ We’ve, ”, Carsten Fritsch Organizations: Hamas, International Monetary Fund, IMF, United Arab, U.S . Federal Reserve, Saudi Locations: Ukraine, Israel, Marrakech, Morocco, Palestinian, Gaza, Saudi Arabia, United Arab Emirates, Kuwait, Iraq, United States, U.S, Europe, Russia, Beijing

☆ China's property sector is facing massive risks and authorities must meet it with 'forceful action', IMF says
▼ + stars: | 2023-10-10 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Chinese officials must take "forceful action" to address the problems in its property sector, an IMF official said. "Clearly what this is calling for is forceful action by the authorities," he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe chief economist of the International Monetary Fund cautioned that Beijing authorities must enact robust policy to address the issues plaguing China's property sector. "Clearly what this is calling for is forceful action by the authorities," Gourinchas said, according to Bloomberg.

Persons: —, Pierre, Olivier Gourinchas, Gourinchas Organizations: Service, International Monetary Fund, Bloomberg, IMF Locations: Beijing, Marrakesh, Morocco, Evergrande, Gourinchas, China

☆ The IMF sees greater chance of a ‘soft landing’ for the global economy
▼ + stars: | 2023-10-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

The IMF’s projections for growth and inflation are “increasingly consistent with a ‘soft landing’ scenario… especially in the United States,” Gourinchas continued. The 20 countries using the euro are expected to grow collectively by 0.7% this year and 1.2% next year, a downgrade of 0.2 percentage points and 0.3 percentage points respectively from July. The IMF upgraded its growth forecasts for the US economy to 2.1% in 2023 and 1.5% in 2024 — an improvement of 0.3 percentage points and 0.5 percentage points respectively. “The strongest recovery among major economies has been in the United States,” the IMF said. The IMF revised its forecasts for global inflation to 6.9% this year and 5.8% next year — an increase of 0.1 percentage point and 0.6 percentage points respectively.

Persons: Pierre, Olivier Gourinchas, ” Gourinchas, Qilai Shen, Gourinchas Organizations: London CNN —, Monetary Fund, IMF, Bloomberg, Getty, Brent Locations: United States, China, Europe, Ukraine, Guangzhou, Israel, Saudi Arabia, Russia

☆ IMF says global economy 'limping along', cuts growth forecast for China, euro zone
▼ + stars: | 2023-10-10 | by ( Andrea Shalal | ) www.reuters.com time to read: +7 min

China Daily via REUTERS Acquire Licensing RightsSummary Global growth forecast unchanged at 3.0% in 2023Inflation dropping but 'not quite there yet'-IMF chief economistIMF raises U.S. forecast, cuts outlook for China, euro areaMARRAKECH, Morocco, Oct 10 (Reuters) - The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro zone and said overall global growth remained low and uneven despite what it called the "remarkable strength" of the U.S. economy. In its latest World Economic Outlook, the IMF left its forecast for global real GDP growth in 2023 unchanged at 3.0% but cut its 2024 forecast to 2.9% from its July forecast of 3.0%. Even in 2028, the IMF is projecting global growth of just 3.1%. You put all these things together and you have a slowdown in medium-term growth," Gourinchas told Reuters. If the real estate crisis deepened, China's growth could be lowered by as much as 1.6% percentage point, which in turn would knock 0.6 percentage points off global growth, Gourinchas said.

Persons: Pierre, Olivier Gourinchas, Gourinchas, It's, it's, Andrea Shalal, Andrea Ricci, Catherine Evans Organizations: REUTERS Acquire, IMF, Monetary Fund, World Bank, Reuters, Research, Labor, U.S, autoworkers, Thomson Locations: Jinhua, Zhejiang province, China, MARRAKECH, Morocco, U.S, COVID, Ukraine, Israel, Marrakech, United States, Japan

☆ IMF Says It's Too Soon to Assess Economic Impact
▼ + stars: | 2023-10-10 | by ( ) www.wsj.com time to read: 1 min

The top economist at the International Monetary Fund said it is too soon to tell whether the war between Israel and Hamas will have broad economic consequences. Pierre-Olivier Gourinchas said the conflict risks creating an energy-supply shock, which could raise oil prices, feed inflation and reduce growth. IMF research shows a 10% increase in oil prices reduces global economic growth by 0.15 percentage point. While oil prices have jumped since the fighting started, Gourinchas said the increases may not last. I think it's too early to really assess what the impact might be," he said, at the IMF's annual meetings in Marrakesh, Morocco.

Persons: Pierre, Olivier Gourinchas, Gourinchas Organizations: International Monetary Fund Locations: Israel, Marrakesh, Morocco

☆ Milan go top with late Pulisic strike at Genoa as Giroud ends match in goal
▼ + stars: | 2023-10-07 | by ( ) www.reuters.com time to read: +2 min

GENOA, Italy, Oct 7 (Reuters) - A late strike by Christian Pulisic earned AC Milan a 1-0 win at promoted Genoa that put them top of Serie A on Saturday but the game ended in chaos as both keepers were sent off and striker Olivier Giroud went in goal for the visitors. U.S. international Pulisic netted in the 87th minute with a half-volley from near the penalty spot after he was brilliantly set up by Yunus Musah to give Milan the lead. But the three points were hanging by a thread as the game took a chaotic turn when Milan goalkeeper Mike Maignan saw red for a foul on Caleb Ekuban late in stoppage time and Giroud took his spot in goal. "I like to think that what Giroud did is part of our mentality," coach Stefano Pioli told DAZN. "Pulisic wanted to go in goal and perhaps he had already done it, but I told him that he was too short.

Persons: Christian Pulisic, Olivier Giroud, Pulisic, Yunus Musah, Mike Maignan, Caleb Ekuban, Giroud, Frenchman, Genoa's Albert Gudmundsson, George Puscas, Stefano Pioli, DAZN, Milan, Pioli, Ruben Loftus, Cheek, Rade Krunic, Ismael Bennacer, Rafael Leao, Josep Martinez, Martinez, Theo Hernandez, Anita Kobylinska, Toby Davis Organizations: Milan, Serie, U.S, Inter Milan, Lazio, AS Roma, Napoli, Genoa, Juventus, Thomson Locations: GENOA, Italy, Genoa, Milan, Bologna, Gdansk

[1/2] A logo of Alstom is seen at the Alstom's plant in Semeac near Tarbes, France, February 15, 2019. The shares were heading for their worst one-day drop in over 20 years as of 1140 GMT, down 37%, which wiped some 3 billion euros ($3.16 billion) from Alstom's market value. The group said it now expects a cash outflow of 500-750 million euros over the full year, after a preliminary first-half outflow of 1.15 billion euros, well above the consensus for a 152 million euro outflow cited by Jefferies. The cost of insuring Alstom's debt against the risk of default shot to its highest since last November, according to data from S&P Global Market Intelligence. Citi analysts were less concerned about liquidity, but said "the past track record on cash means cash improvement is now very much a 'show me' story".

Persons: Regis Duvignau, Jefferies, Angelo Meda, JP Morgan, Olivier Sorgho, Danilo Masoni, Chiara Elisei, Amanda Cooper, Alexander Smith Organizations: Alstom, REUTERS, Banor SIM, Deutsche Bank, P Global Market Intelligence, Traders, Citi, Thomson Locations: Semeac, Tarbes, France, Paris, Milan, Britain

☆ Call centre software company Aircall in no rush for IPO as revenues rise
▼ + stars: | 2023-10-05 | by ( Sudip Kar-Gupta | ) www.reuters.com time to read: +1 min

PARIS, Oct 5 (Reuters) - Aircall, a call centre software company that has been valued at around $1 billion, said on Thursday it was in no rush for a stock market flotation, as it unveiled a new product to help smaller-sized businesses and added that its revenue had risen. The company has often been touted as a likely stock market candidate. Pailhes said that while an initial public offering (IPO) remained an option, it was something the company could examine once it reached annual recurring revenue of $200 million, which Aircall hopes to achieve in the next 18 months. Within two years, we'll talk about it again, but we don't need to rush," said Pailhes, speaking via Zoom from Spain, regarding any stock market flotation plans. Aircall, launched in Paris in 2014, is viewed as a success story from France's technology sector, although the company is now headquartered in New York.

Persons: Olivier Pailhes, Pailhes, Aircall, Sudip Kar, Bill Berkrot Organizations: Thomson Locations: Spain, Paris, New York, United States

☆ Job postings mentioning AI have more than doubled in two years, LinkedIn data shows
▼ + stars: | 2023-10-04 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Job postings on LinkedIn that mention either AI or generative AI more than doubled globally between July 2021 and July 2023, according to new data from the jobs and networking platform. "We're seeing demand for AI skills increasingly appear across a wide range of industries and geographies," he said. "The pace at which LinkedIn members added AI skills to their profiles has nearly doubled since the launch of ChatGPT alone," Sabella said. Since early 2016, the amount of people who say they have AI skills has increased ninefold, he added. Building AI skills is important as work environments are changing and expectations and requirements for jobs are shifting, Sabella said.

Persons: Olivier Sabella, Sabella Organizations: EMEA, LATAM, CNBC Locations: Germany, France

☆ Buoyant dollar pushes fragile yen to within striking distance of 150
▼ + stars: | 2023-10-02 | by ( ) www.cnbc.com time to read: +3 min

Photo taken on April 20, 2022 shows the Japanese yen and U.S. dollar banknotes in Tokyo, Japan. The dollar kicked off the last quarter of the year on the front foot on Monday as the prospect of higher-for-longer U.S. rates provided solid support, pushing the yen to an 11-month low. Sterling was last 0.13% lower at $1.2188, having similarly slid nearly 4% against the dollar in the third quarter. "This puts the 1 November FOMC meeting back on the table as a potential venue for a further 25-basis-point rate hike." Elsewhere, the Australian dollar fell 0.07% to $0.64305, while the kiwi edged 0.1% lower to $0.59925.

Persons: Olivier d'Assier, Jarrod Kerr, Sterling, Kiwibank's Kerr, Chris Weston Organizations: U.S, Congress, Democratic, U.S . Labor Department, CPI Locations: Tokyo, Japan, Asia, Australia, China

☆ Beyoncé’s Renaissance World Tour: Best looks
▼ + stars: | 2023-09-30 | by ( Kristen Rogers | ) edition.cnn.com time to read: +9 min

CNN —It’s not the diamonds or the pearls that make Beyoncé that girl, but fashion is a critical part of what’s made her Renaissance World Tour unforgettable. In celebration of her seventh album of the same name, Beyoncé’s first solo tour in seven years featured a wardrobe fit for a queen. For me, during her Renaissance tour she is Queen B Beyond, a timeless queen that moves in a dazzling constellation.”“This ethereal and futurist femininity complements and extends her other looks in the tour that beautifully highlight other aspects of feminine empowerment,” van Herpen added. Here are some of the best looks from the Renaissance tour. Kevin Mazur/WireImage/Getty ImagesThis custom Balmain look by Olivier Rousteing was one of multiple silver ensembles Beyoncé wore on tour.

Persons: CNN — It’s, what’s, Beyoncé’s, ” Beyoncé, “ Beyoncé, ”, Iris van Herpen, Beyoncé, “, ” van Herpen, David Koma, ” Koma, Kevin Mazur, Alexander McQueen bodysuit, Courrèges, ” Kevin Mazur, Roksanda Ilincic, Loewe, Shiona Turini, Jonathan Anderson, Gucci, Frank Micelotta, Casey Cadwallader, Turini, ” Coperni, Bob Mackie, Iris, Herpen, David Koma “, Sylvia Earle, — “, Daniel Roseberry, Richard Quinn bodysuit, Gaurav Gupta’s, ” Gupta, Elie, Karen Langley, Tara Greville, Olivier Rousteing, Peter Dundas, Ibrahim Kamara Organizations: CNN, Chrome, Beyoncé, Paris Haute Couture, Elie Saab Locations: Stockholm, London, Amsterdam, Chicago, Atlanta, Warsaw, Minneapolis

☆ Michael Gambon, British actor who played Dumbledore, dies aged 82
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +3 min

Gambon began his acting on the stage in the early 1960s and later moved into TV and film. Gambon played down the praise for his performance and said he simply played himself "with a stuck-on beard and a long robe". Michael John Gambon was born on Oct. 19, 1940, in Dublin to a seamstress mother and an engineer father. Gambon left school aged 15 to begin an engineering apprenticeship and by 21 he was fully qualified. He revealed in an episode of "The Late Late Show" in Ireland that he convinced his mother he was friends with the pope.

Persons: Michael Gambon, Albus Dumbledore, Harry Potter, Laurence Olivier, Gambon, Peter Greenaway's, Cook, King George V, Tom Hooper's, Dumbledore, Richard Harris, Michael John Gambon, Marlon Brando, James Dean, Olivier, Derek Jacobi, Maggie Smith, Galileo, John Dexter's, Robert De Niro, Anne Miller, Philippa Hart, Sarah Young, William Schomberg, Rosalba O'Brien Organizations: PA Media, Camden Town, Herald, National Theatre, Thomson Locations: Irish, Dublin, London, American, British, Ireland

☆ Michael Gambon, Dumbledore actor in ‘Harry Potter,’ dies age 82
▼ + stars: | 2023-09-28 | by ( Zahid Mahmood | ) edition.cnn.com time to read: +2 min

CNN —Actor Michael Gambon, best known for playing Albus Dumbledore in most of the “Harry Potter” movies, has died at 82 following a “bout of pneumonia,” a statement issued on behalf of his family said on Thursday, PA Media news agency reported. I collect cars and guns, which are much more expensive, and much more difficult to store.”Michael Gambon in "Harry Potter and the Order of the Phoenix." Four years later, Gambon joined the Birmingham Repertory Company, finally playing title roles in his favorite Shakespearean plays. But it was as Hogwarts’ headmaster Dumbledore in the “Harry Potter” film series that Gambon will perhaps be best remembered, a role he took up following the death of Richard Harris in 2002. In all, Gambon was cast as Dumbledore for six of the eight “Harry Potter” films.

Persons: Michael Gambon, Albus Dumbledore, Harry Potter ”, ”, Sir Michael Gambon, Clair Dobbs, Michael, Anne, Fergus, ” Gambon, Gambon, toolmaker, “ I’ve, “ Richard Briers, Harry Potter, Murray, Laurence Olivier, Philip Marlow, ’, Dumbledore, Richard Harris Organizations: CNN, Media, Guardian, Warner Bros, Royal Academy of Dramatic, National Theatre Company, Birmingham Repertory Company, British Empire Locations: Cabra, Dublin, London, Irish, Camden, British

☆ Michael Gambon, actor who played Dumbledore in 'Harry Potter' films, dies at 82
▼ + stars: | 2023-09-28 | by ( ) www.cnbc.com time to read: +3 min

Michael Gambon Arriving At The World Premiere Of Harry Potter And The Deathly Hallows Part 2, In Trafalgar Square In Central London. Actor Michael Gambon, known for playing Professor Albus Dumbledore in multiple "Harry Potter" movies has died, his family said in a statement Thursday. "We are devastated to announce the loss of Sir Michael Gambon," said the statement issued on behalf of his wife, Anne, and son Fergus by publicist Clair Dobbs. He also won three Olivier Awards and two ensemble cast Screen Actors Guild Awards — for 2001's "Gosford Park" and "The King's Speech." But he was perhaps best known for his role as Dumbledore in the "Harry Potter" franchise, taking over the role from the late Richard Harris from the third installment in the eight-movie series.

Persons: Michael Gambon, Harry Potter, Albus Dumbledore, Sir Michael Gambon, Anne, Fergus, Clair Dobbs, Gambon, Laurence Olivier, Derek Jacobi, Maggie Smith, Cook, King George V, Lord Salisbury, Victoria, Abdul, Olivier, —, Dumbledore, Richard Harris, Rowling's, Anne Miller, Philippa Hart Organizations: Hallows, Central London, National Theatre, British Academy of Film, Television Arts Locations: Trafalgar, Central, Dublin, Britain

NEW YORK (AP) — Sister Helen Prejean remembered when she first spoke with Jake Heggie about adapting her book “Dead Man Walking.”“I don’t know boo-scat about opera,” she told him. It’s established in a lot of these abolitionist countries that there is no death penalty — the government, we don’t kill people for their crimes. The Met and Carnegie Hall plan to present excerpts at Sing Sing on Sept. 28 with DiDonato, Sister Helen as the narrator and inmates as the chorus. There have been 1,575 executions in the U.S. since the Supreme Court allowed the death penalty to be reinstated in 1976, according to the Death Penalty Information Center. Twenty-four states have death penalty laws, 23 do not and three have governor-imposed moratoriums, the center said.

Persons: Helen Prejean, Jake Heggie, ”, “, you’re, Tony, Olivier, Ivo van Hove, Joyce DiDonato, Helen, ” Heggie, it’s, It’s, ” Prejean, Saint Joseph of Medaille, Prejean, Jason Epstein, Knopf Doubleday, Tim Robbins, Susan Sarandon, Heggie, Frederica von Stade, Lotfi Mansouri, Terrence McNally, Mansouri, ” McNally, ” “ Sondheim, Stephen Sondheim's, Robbins, McNally, Joe Mantello, Susan Graham, von, ” Joshua Kosman, ” DiDonato, DiDonato, “ I’ve, ” Von Hove, Graham, de, I’ve Organizations: Metropolitan Opera, Knopf, UCLA, UCLA's Center, Art, Cal, San Francisco Opera, Opera House, von Stade, San Francisco Chronicle, New York City Opera, Houston, City Opera, Sing, Illinois Youth Center, Carnegie Hall Locations: New Orleans, New York, New, Madrid, Francisco’s, Ossining , New York, Chicago, U.S

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