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☆ Iranian agents plotting to stoke tensions during pro-Gaza protests, UK police sources say
▼ + stars: | 2023-10-28 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Iranian agents are planning to stoke tensions during pro-Gaza protests, UK police have warned. A pro-Gaza rally in London last week had over 100,000 people in attendance. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementIranian agents are planning to provoke tensions during pro-Gaza protests, UK police have warned. The hostile state activity from Iranian operatives is complicating the policing of protests, a security source told The Times.

Persons: —, Robin Simcox Organizations: The Times, Gaza, Service, Metropolitan Police, Times, Gaza Health Ministry Locations: stoke, Gaza, London, Iran, Tehran, Israel

☆ US stocks end mixed as investors digest latest earnings and inflation data
▼ + stars: | 2023-10-27 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

US stocks traded mixed on Friday as investors took in fresh inflation data and corporate earnings. All three benchmark indexes notched weekly losses, with the S&P 500 sliding into correction territory. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementUS stocks traded mixed on Friday as investors took in fresh inflation data and more corporate earnings reports. AdvertisementAdvertisementInvestors also digested the latest wave of corporate earnings this week, with Amazon jumping 6% after a stellar third-quarter earnings report.

Persons: —, Jeffrey Roach Organizations: Service, Dow Jones, Commerce Department, stoke, Financial, Amazon, Here's

The company on Thursday reported a 12.4% adjusted return on sales in its cars division in the third quarter. Mercedes-Benz described the market environment as "subdued", but Wilhelm said "we are beyond the worst" when it comes to inflation and energy pricing. Mercedes-Benz earlier this month reported a 4% drop in overall third-quarter sales, with top-end sales down 11%, partly caused by model changeovers and a shortage in 48-volt systems supplied by Bosch. Car revenue dipped 3.8% due to the fall in deliveries, but the average selling price remained stable, the company said. ($1 = 0.9485 euros)Reporting by Victoria Waldersee; Editing by Rachel More, Jacqueline Wong and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Issei Kato, BEV, Harald Wilhelm, Wilhelm, Mercedes, Tesla, Victoria Waldersee, Rachel More, Jacqueline Wong, Jan Harvey Organizations: Mercedes, Benz, Japan, REUTERS, EV, BMW, VW, Ford, Porsche, Bosch, Thomson Locations: Tokyo, Japan, BERLIN, Germany, United States, China, stoke

☆ Mercedes-Benz Q3 earnings take a hit on subdued sales, supply chain snags
▼ + stars: | 2023-10-26 | by ( ) www.cnbc.com time to read: +2 min

Preparations at the Mercedes-Benz booth with the Mercedes-Benz Vision EQXX automobile ahead of the Munich Motor Show (IAA) in Munich, Germany, on Sunday, Sept. 3, 2023. Earnings before interest and taxes (EBIT) across the Mercedes-Benz Group fell 6.8% to 4.8 billion euros ($5.1 billion) with revenue down 1.4% at 37.2 billion euros. The cars division reported a 12.4% adjusted return on sales, at the lower end of the annual forecast. Mercedes-Benz Vans reported a stronger quarter with a 44% rise in EBIT to 715 million euros and an adjusted return on sales of 15%. Car revenue dipped 3.8% due to the fall in deliveries but the average selling price remained stable, the company said.

Persons: Alex Kraus, Tesla Organizations: Mercedes, Benz, Munich, Bloomberg, Getty Images Mercedes, Ford, Porsche, Benz Group, Benz Vans Locations: Munich, Germany, United States, China, stoke, EBIT

☆ Australia's surprisingly strong Q3 inflation raises odds of Nov rate hike
▼ + stars: | 2023-10-25 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

Markets are wagering both the U.S. Federal Reserve and the European Central Bank are done with hiking. HAWKISH MESSAGINGThe recent messaging from the central bank has been on the hawkish side. The biggest contributors to the third quarter inflation were fuel, rents, and electricity. Fuel prices rose 7.2% from a year ago, reversing two quarters of price falls, with the conflict in the Middle East potentially set to further stoke inflationary pressures. The central bank forecast in August that inflation was only projected to return to the top of the bank's target band of 2-3% in late 2025.

Persons: David Gray, Worryingly, Adam Boyton, Gareth Aird, Michele Bullock, Woolworths WOW.AX, Taylor Nugent, Stella Qiu, Wayne Cole, Shri Navaratnam Organizations: REUTERS, Rights, Reserve Bank of Australia, Australian Bureau, Statistics, Wednesday, Commonwealth Bank of Australia, ANZ, Economics, CBA, U.S . Federal Reserve, European Central Bank, Woolworths, National Australia Bank, NAB, Thomson Locations: Sydney, Australia

☆ These 20 electric cars are selling below sticker price — and rising incentives could help you get an even better deal
▼ + stars: | 2023-10-21 | by ( Alexa St. John | ) www.businessinsider.com time to read: +2 min

More and more deals are starting to hit electric cars these days. Here's 20 EVs discounted heavily from sticker price, according to Edmunds. As the auto industry scrambles to recover from overestimating EV demand this year, more electric cars are on dealer lots. That can be significant given electric cars, on average, went for $50,683 last month, per Kelley Blue Book data. AdvertisementAdvertisementHere's a look at 20 EVs selling below sticker price, and for how much (not including additional manufacturer incentives, which reached their highest levels recently).

Persons: Edmunds, —, Kelley, Cadillac Lyriq, Chevrolet Bolt Organizations: Service, EV, GMC, Cadillac, Chevrolet Locations: Edmunds, stoke

☆ Why an economic soft landing may prove elusive
▼ + stars: | 2023-10-13 | by ( Edward Chancellor | ) www.reuters.com time to read: +8 min

His latest book, “You Always Hurt the One You Love: Central Banks and the Murder of Capitalism”, won’t make him any friends in monetary policymaking circles. The Fed responded by reducing interest rates to zero and employing various tools to lower bond yields. These economic imbalances prevented central banks from returning interest rates to normal levels. Unless, that is, liberalising economic reforms are enacted that boost productivity and allow interest rates to rise. Bernard Conolly’s book, “You Always Hurt the One You Love: Central Banks and the Murder of Capitalism” was published in hardback in September.

Persons: Bernard Connolly, Connolly, won’t, they’ve, Michael Woodford, ”, Alan Greenspan, staved, Lehman, Edward Chancellor’s “, Bernard Conolly’s, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Reuters, European Monetary Union, European Commission, Banks, U.S . Federal, stoke, Lehman Brothers, Fed, Reuters Graphics, Treasury, Securities, Thomson Locations: U.S, United States, British, Europe, American, “, ”, disequilibrium, intertemporal, Central

Gaza authorities said more than 1,400 Palestinians, mainly civilians, including children, have already been killed and more than 6,000 wounded. The images of the dead infants were included in the video played to NATO. Hamas has denied its militants harmed civilians, accusing Israel and the West of spreading false reports to incite violence against Palestinians. U.S. President Joseph Biden had suggested on Wednesday that he had seen images of children beheaded by militants. Foreign reporters shown sites targeted by Hamas, witnessed ruins of burnt-out houses and streets scattered with dead residents and militants.

Persons: Ronen, Netanyahu, Antony Blinken, Benjamin Netanyahu's, Blinken, Yoav Gallant, Jens Stoltenberg, Israel, Saleh Al, Arouri, Joseph Biden, Gallant, Lloyd Austin, Washington, Andy Gray, Crispian Balmer, Edmund Blair Organizations: Nova Festival, REUTERS, Israel, U.S, NATO, Hamas, Israeli, Brussels, Reuters, ISIS, Islamic, Gaza, U.S . Defense, Thomson Locations: Gaza, Israel's, Israel, JERUSALEM, TEL AVIV, BRUSSELS, Palestinian, Tel Aviv, Islamic State, Jerusalem, United States, Brussels

☆ Tesla keeps chopping prices, making its cars cheaper than even gas competitors
▼ + stars: | 2023-10-12 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Tesla is offering cars well below September's new car average transaction price of $47,899. Tesla's base Model 3 and Model Y are both less than that. Last month, new cars saw an average transaction price (ATP) of $47,899, according to Kelley Blue Book. New car prices have slowly but surely been improving as of late, but are still pretty costly. AdvertisementAdvertisementTo be sure, new car pricing is relatively flat year-over-year (down just $360 from September last year), while used car pricing is more nuanced.

Persons: Tesla, —, Kelley, Elon Musk's, there's Organizations: Service, Cox Automotive, Acura, Lexus, Infiniti, Volvo, stoke

☆ Israel Releases Images of Slain Children to Rally Support After Hamas Attack
▼ + stars: | 2023-10-12 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +5 min

Gaza authorities said more than 1,400 Palestinians, mainly civilians, including children, have already been killed and more than 6,000 wounded. In quotes published by Hamas, deputy Hamas chief, Saleh Al-Arouri, said: "The plan was to target the army's Gaza team and fight occupation soldiers only." U.S. President Joseph Biden had suggested on Wednesday that he had seen images of children beheaded by militants. But medics, international human rights organisations and journalists have documented that militants killed women, children and the elderly as well as young men and soldiers in their rampage. Foreign reporters shown sites targeted by Hamas, witnessed ruins of burnt-out houses and streets scattered with dead residents and militants.

Persons: John Davison, Humeyra Pamuk, Sabine Siebold, Antony Blinken, Benjamin Netanyahu's, Blinken, Netanyahu, General Herzi Halevi, Yoav Gallant, Jens Stoltenberg, Saleh Al, Joseph Biden, Gallant, Lloyd Austin, Washington, Andy Gray, Crispian Balmer, Edmund Blair Organizations: U.S, NATO, Hamas, Palestinian, Israeli, Brussels, Reuters, ISIS, Islamic, Gaza, U.S . Defense Locations: Sabine Siebold JERUSALEM, TEL AVIV, BRUSSELS, Palestinian, Gaza, Tel Aviv, Israel, Islamic State, Jerusalem, United States, Brussels

☆ Oil falls further on U.S. stock build, easing supply concerns
▼ + stars: | 2023-10-12 | by ( ) www.cnbc.com time to read: +2 min

Oil prices extended losses for a third session, dragged down by a larger-than-expected crude and gasoline stockbuild in the U.S. and easing supply concerns. U.S. crude oil stockpiles swelled by about 12.9 million barrels, according to market sources citing American Petroleum Institute figures on Wednesday. "Crude oil extended losses on signs the impact of the Israel-Hamas war on the oil market will be limited," ANZ analysts said in a client note. Expectations by the U.S. EIA of global oil inventories falling further in the second half of 2023, however, limited price weakness. The lower inventories, which are forecast to keep global oil supply below consumption, are likely to boost oil prices, the EIA said in a monthly report.

Persons: Brent, JP Morgan Organizations: U.S, West Texas, American Petroleum Institute, ING, U.S . Energy Information Administration, ANZ, EIA Locations: San Joaquin Valley, McKittrick , California, U.S, ., California, Israel

☆ Oil falls further on US stock build, easing supply concerns
▼ + stars: | 2023-10-12 | by ( Trixie Sher Li Yap | ) www.reuters.com time to read: +3 min

REUTERS/Nick Oxford//File Photo Acquire Licensing RightsSINGAPORE, Oct 12 (Reuters) - Oil prices fell for a third day on Wednesday, dragged down by a larger-than-expected crude and gasoline stockbuild in the U.S. and easing supply concerns. U.S. crude oil stockpiles swelled by about 12.9 million barrels, according to market sources citing American Petroleum Institute figures on Wednesday. "Crude oil extended losses on signs the impact of the Israel-Hamas war on the oil market will be limited," ANZ analysts said in a client note. Expectations by the U.S. EIA of global oil inventories falling further in the second half of 2023, however, limited price weakness. The lower inventories, which are forecast to keep global oil supply below consumption, are likely to boost oil prices, the EIA said in a monthly report.

Persons: Nick Oxford, Brent, JP Morgan, Trixie Yap, Shri Navaratnam Organizations: REUTERS, Rights, U.S, West Texas, American Petroleum Institute, ING, U.S . Energy Information Administration, ANZ, EIA, Thomson Locations: Cushing , Oklahoma, Rights SINGAPORE, U.S, ., California, Israel

☆ Investing in Space: A reality check on SPAC frenzy revenue projections
▼ + stars: | 2023-10-12 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +13 min

Overview: Forecast or fantasyWe're now at least two years on from when a slew of space companies went public during the SPAC frenzy, and, look, none of them look great. Now a bit further down the road, I want to look at a different financial metric: 2023 revenue projections. I ran an informal series for a while to mark when a space company announced it was going public. The rest of the pack isn't as on the mark: A few companies are roughly halfway to their earlier 2023 revenue projections, or performing even better. Spire forecast 2023 revenue of $227 million and is closing in on about $107 million.

Persons: Angela Weiss, CNBC's Michael Sheetz, it's, I'd, Here's, Derek Tournear, Ron Rosano, Trevor Beattie, Namira Salim, –, REx, Christopher Povak, Lisa Watson, Morgan, – Watson, Morgan Starliner, General, NASA Astrobotic, Andy Lapsa Organizations: New York Stock Exchange, AFP, Getty, Terran, Galactic Astra, CNBC, Pentagon, Space Development Agency, LinkedIn, Galactic, NASA, NASA NRO, Soyuz, – Reuters, Reuters SpaceX, FAA, Federal Aviation Administration, IAC, Lunar Research, SpaceX, Boeing NASA, Moonshots Capital, Lavrock Ventures, Veteran Fund, Mana Ventures, AIN Ventures, Capital Factory, Astra, – Bloomberg, ViaSat, Viasat Locations: Russian, Azerbaijan, Russia, Venezuela, South Africa, Florida, Washington, CNBC Los Angeles

☆ Wall Street needs a boost from earnings. Can JPMorgan Chase run a strong first leg?
▼ + stars: | 2023-10-12 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

Analysts expect a 0.4% year-over-year decline in third-quarter earnings for companies in the S&P 500 index, according to FactSet. Analysts expect America’s biggest bank to report earnings per share of $3.90 and revenue of $39.57 billion for the third quarter, according to Refinitiv. Citigroup, Wells Fargo and BlackRock also report earnings Friday. “Our children are in crisis, and it is up to us to save them,” Hochul said, comparing social media algorithms to cigarettes and alcohol. Those who opt out would receive chronological feeds instead, like in the early days of social media.

Persons: ”, Michael Arone, Jay Hatfield, ” Hatfield, Banks, JPMorgan Chase, Jamie Dimon, Dimon, Wells, Chris Isidore, Darren Woods, Read, Kathy Hochul, Letitia James, Michael Mulgrew, Sen, Andrew Gounardes, Nily, “, ” Hochul, Athena Jones, Brian Fung Organizations: CNN Business, Bell, CNN, Investors, State Street Global Advisors, stoke, Infrastructure Capital Management, JPMorgan Chase, JPMorgan, First, Bank, Citigroup, ExxonMobil, Natural Resources, Midland Basins, New York Gov, New York, United Federation of Teachers Manhattan, New Locations: Wells Fargo, BlackRock, United States, Midland , Texas, Delaware, Midland, New York

☆ If you were thinking about moving to Portugal, it just got a whole lot more expensive
▼ + stars: | 2023-10-12 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Portugal is ending a hefty tax break for foreigners in 2024 that incentivized many to move there. But come 2024, it will be significantly more expensive to live there if you're coming from another country. Now those moving to Portugal in 2024 and beyond will have to pay the same amount of income tax as everyone else, Le Monde reported. Americans already living in Portugal, like Dan Bagby and his wife, Michelle, who moved to Lisbon from Texas in 2021 , won't be immediately affected. But with the cost of living going up and reaching levels of parity with other countries, foreigners may not move to Portugal at all.

Persons: reconsidering, —, Alex Ingrim, Chase Buchanan, António Costa, Le Monde, Ingrim, Jose Manuel Ribeiro, it's, Dan Bagby, Michelle, Dan, Michelle Bagby, Bagby, We've, I'm Organizations: Service, Reuters, The New York Times, Citizen Solutions, Eurostat, Associated Press Locations: Portugal, Lisbon, stoke, Texas, Austin , Texas, France, Italy, Spain

A hooded man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration/File Photo Acquire Licensing RightsOct 10 (Reuters) - Hacktivist groups say they are hitting Israeli targets online amid the war in Israel and Gaza, disrupting and defacing websites like the Jerusalem Post. The conflict between Israel and its Arab neighbors routinely attracts both intense global interest and politically minded hackers - dubbed hacktivists - who piggyback on the fighting, either to support their favored side or simply get attention. "There are dozens of victims per day, claimed by both pre-established and new (hacktivist) groups," cyber intelligence firm Recorded Future said. Examples of serious or long-term damage are still thin, but the activism shows how a subset of supporters use digital tools to bring the war online.

Persons: Kacper, Avi Mayer, hacktivists, Omri Segev Moyal, Israel, Profero, Christopher Bing, Raphael Satter, Zeba Siddiqui, Chris Sanders, Sonali Paul Organizations: REUTERS, CERT, Microsoft, Thomson Locations: Israel, Gaza, Jerusalem, Ukraine, Iranian, Washington, San Francisco

☆ Inflation could come roaring back 1970s-style. Here are 4 reasons why markets should be concerned, according to Deutsche Bank.
▼ + stars: | 2023-10-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

There is still a risk inflation expectations spiral out of control, Deutsche Bank warned. Monetary policy has already been tightened dramatically, with the Fed having hiked interest rates 525 basis-points to slow surging prices. Long-term inflation expectations also remain close to the Fed's 2% price target, with 1-year and 5-10 year inflation expectations falling between 2%-4%. AdvertisementAdvertisementEasing monetary policy to aid growth may also be out of the question, given how sticky inflation has proven to be. As inflation inches closer to its target, markets put more pressure on the Fed to slash interest rates, as higher borrowing costs weigh heavily on asset prices.

Persons: — Organizations: Deutsche Bank, Fed, Service Locations: Europe

☆ Russia says it's talking to both Israel and Palestinians as Putin blames failure of US policy
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +3 min

"I think that many people will agree with me that this is a vivid example of the failure of United States policy in the Middle East," Putin told visiting Iraqi Prime Minister Mohammed Shia Al-Sudani. The United States, Putin said, had ignored the interests of Palestinians, including their need for their own independent Palestinian state. He did not mention Russia's own role in the Middle East peace process over the years. Along with the United States, the United Nations and the European Union, it has since 2002 formed part of a "Quartet" of powers charged with helping to mediate. Moscow has said it is worried that the violence could escalate into a broader conflict in the Middle East.

Persons: Vladimir Putin, Mikhail Metzel, Putin, Mohammed Shia Al, Sudani, Washington, Dmitry Peskov, Peskov, Volodymyr Zelenskiy, Mark Trevelyan, Sharon Singleton Organizations: Financial Security, Sirius, of Science, Art, Sputnik, Rights, Iraqi, United States, United Nations, European Union, Kremlin, stoke, Reuters, Thomson Locations: Krasnodar region, Russia, Israel, Moscow, States, United, United States, Gaza, Russian, Palestinian

☆ GOP legislators and pundits shamed Biden for calling an early 'lid' on Monday as fighting rages in the Middle East, but Biden was meeting with world leaders
▼ + stars: | 2023-10-10 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

On Monday, before noon, the Biden Administration called a "lid" on the day for public-facing events. Outrage over Biden lids isn't anything new, it's a throwback from the 2020 Trump campaign playbook. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "A lid before noon while the Middle East is on fire," Rep. Ralph Norman added.

Persons: Biden, —, You've, Donald Trump Jr, Alabamians, Sen, Tommy Tuberville, Ralph Norman, Joe Biden, Trump, Andrew Bates, Robert Hur's, Bates, Tuberville, John Roberts Organizations: Biden Administration, Trump, Service, stoke, Trump Jr, White, United States, Fox News Locations: France, Germany, Italy, United Kingdom, Israel, Gaza, Florida

☆ Ukraine's Zelenskiy hails 'good news' on air defence after talks in Romania
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +1 min

Ukraine's President Volodymyr Zelenskiy meets with Romania's President Klaus Werner Iohannis in Bucharest, Romania, October 10, 2023. Ukrainian Presidential Press Service/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. Acquire Licensing RightsOct 10 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Tuesday he had "good news" on artillery and air defence supplies after talks with Romanian President Klaus Iohannis in Bucharest, but gave no details. "We believe that Russia is one of those who helped and is behind these respective steps," Zelenskiy said. Reporting by Yuliia Dysa and Pavel Polityuk, Writing by Olena Harmash, Editing by Timothy HeritageOur Standards: The Thomson Reuters Trust Principles.

Persons: Volodymyr Zelenskiy, Klaus Werner Iohannis, Klaus Iohannis, Zelenskiy, Dmitry Peskov, Yuliia Dysa, Pavel Polityuk, Olena Harmash, Timothy Organizations: Presidential Press Service, Ukraine, stoke, Timothy Heritage, Thomson Locations: Bucharest, Romania, Ukraine, Romanian, Russia, Israel

☆ Dow futures fall 200 points after Hamas attack against Israel
▼ + stars: | 2023-10-08 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Stock futures were lower on Sunday as the attack on Israel by Palestinian militants adds geopolitical risk to an already fragile market dealing with inflation and surging interest rates. Futures tied to the Dow Jones Industrial Average fell 207 points, or 0.6%. The Israeli-Palestinian conflict escalated to full-blown war on Saturday after the militant group Hamas staged an invasion, to which Israel was seemingly caught off guard. WTI crude oil futures were up by 2% in early trading Sunday. The rising geopolitical tensions could have ramifications for the energy market, with some experts forecasting a "knee jerk surge" in oil.

Persons: Israel, Benjamin Netanyahu, Prince Abdulaziz bin Salman Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Hamas, Brent, U.S . West Texas, OPEC, CNBC, Columbus, Treasury Locations: Israel, Palestinian, Hamas, stoke, U.S, Palestine, Russia, Saudi

The FDP looked on track to fail to reach the 5% threshold to enter parliament in Bavaria, and possibly Hesse too. They and the AfD were the only parties to make gains in the Bavaria election. Still, coalition parties were likely to continue to follow increasingly separate paths to focus on issues relevant to their core electorate in response to the bad results, he said, while all taking a tougher stance on migration. "We must in the future better communicate SPD projects and be more visible," SPD lawmaker Sebastian Roloff told German outlet Handelsblatt. Reporting by Sarah Marsh; Editing by Nick Macfie, Ros Russell and Mark PorterOur Standards: The Thomson Reuters Trust Principles.

Persons: Chancellor Olaf Scholz's, Scholz, Thomas Kemmerich, Jens Spahn, Spahn, Nancy Faeser, Markus Soeder, Philipp Koeker, Sebastian Roloff, Sarah Marsh, Nick Macfie, Ros Russell, Mark Porter Organizations: Social Democrats, Greens, Free Democrats, Christian Democrats, CDU, ARD, Christian Social Union, CSU, DRUBBING, Free Voters, University of Hanover, Thomson Locations: Hesse, Bavaria, BERLIN, Germany, Ukraine, Frankfurt

☆ Here's how New York City is planning to spend $15 billion raised from a new congestion pricing toll
▼ + stars: | 2023-10-08 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +2 min

The toll may produce up to $15 billion for investment within the aging MTA system. For example, particulate matter emissions from stop-and-go traffic can stoke diseases such as asthma. "In London, they've had a reduction of nearly 20% in particulate matter pollution," said Julie Tighe, president of the New York League of Conservation Voters. "There's a 15% reduction in particulate matter in Stockholm, which resulted in a 50% reduction in asthma." Watch the video above to see how New York City is spending cash raised by its massive new toll.

Persons: Janette Sadik, Richard Davey, Davey, they've, Julie Tighe, Mollie Cohen D'Agostino Organizations: U.S, New York City's Department of Transportation, Metro, Bronx ., New, Transit Authority, MTA, CNBC, Regional, New York League of Conservation Voters, University of California, Davis Locations: York City, Manhattan, New, Bronx, New York, Milan, London, Singapore, Stockholm, New York City

☆ Poland will vote in a pivotal election next week. Its outcome will reverberate in Europe, Ukraine and the US
▼ + stars: | 2023-10-07 | by ( Rob Picheta | ) edition.cnn.com time to read: +11 min

Nonetheless, Poland remains in a powerful position in Europe, and this month’s vote could dramatically flip those dynamics. “Poland is a major player in Europe; it borders Ukraine, it has a major land army, substantial military spending, and is the key hub for supporting Ukraine,” Stola said. Poland pushed European partners to send Leopard battle tanks to Ukraine earlier this year. “One likely outcome is a coalition between PiS and Confederation, and that would be very bad news for Polish-Ukrainian relations,” Kucharczyk said. “Poland has very deep interests in supporting Ukraine,” Kucharczyk added.

Persons: White, Donald Tusk, Poland’s, –, ”, Tusk, ” Jacek Kucharczyk, ” Kucharczyk, Mateusz Morawiecki, Kacper Pempel, Piotr Buras, PiS, ” Buras, ” Dariusz Stola, Poland's, Omar Marques, ” Stola, “, Wojtek Radwanski Organizations: CNN, Justice, European, Tusk’s Civic Coalition, stoke, Public, Warsaw’s Institute of Public Affairs, European Council, Foreign Relations, Communist, EU, Warsaw, Institute of Political, Polish Academy of Sciences, Getty, ”, NATO, PiS, “ Locations: Poland, Ukraine, Brussels, Berlin, Polish, Warsaw, Hungary, Europe, Germany, Russia, ” Kyiv, Washington, Kyiv, AFP, “, Ukrainian, “ Poland

With an early morning social media post on Friday, Trump inserted himself into the chaotic race to replace Kevin McCarthy as House Speaker by backing Ohio Rep. Jim Jordan for the post. Jordan is facing at least one other candidate — House Majority Leader Steve Scalise — who is also on good terms with Trump. Political Cartoons View All 1202 ImagesRegardless of who becomes the next speaker, Trump has undeniable sway over House Republicans. All I can say is we’ll do whatever’s best for the country and for the Republican Party,” Trump told reporters at the courthouse Wednesday. Trump's agenda while in office was often thwarted by congressional leaders from his own party as he clashed with former House Speaker Paul Ryan and then-Senate Majority Leader Mitch McConnell.

Persons: — Donald Trump, Trump, Kevin McCarthy, Jim Jordan, “, ” Trump, Jordan, “ He’s, —, Steve Scalise —, Matt Gaetz —, Troy Nehls, Trump's, McCarthy, “ He's, ” Jordan, That's, — Trump, Joe Biden, Nehls, Biden, Kevin Hern, Paul Ryan, Mitch McConnell, ___ Colvin, Lisa Mascaro Organizations: WASHINGTON, Ohio, Republican Party, Real America’s, GOP, Republicans, Trump, Florida Rep, Texas Rep, Fox News Digital, Capitol, Trump’s, Trump strategize, Republican Conference, Fox, White, Associated Press Locations: Jordan, New York, stoke, Scalise

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