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He has since given $25 million to the super PAC, including $10 million in April. At the same time, Mellon has contributed handsomely to the pro-Trump super PAC "Make America Great Again Inc.," pouring $25 million into the PAC from July 2023 to April 2024. But he's given millions of dollars to GOP causes and campaigns in recent years, including $20 million to a pro-Trump super PAC in 2020, $45 million to a super PAC tied to GOP House leadership, and $30 million to a super PAC associated with Senate Minority Leader Mitch McConnell. "MAGA Republicans are hellbent on propping up RFK Jr. to be a spoiler for Trump in this race," Corridoni said in a statementat the time. "This is even more proof that a vote for RFK Jr. is a vote for Trump."
Persons: , Timothy Mellon, Donald Trump, Robert F, Kennedy Jr, Kennedy, — Mellon, Mellon, Trump, Andrew Mellon, he's, Greg Abbott, Mitch McConnell, Joe Biden's, Matt Corridoni, MAGA, Corridoni Organizations: Service, GOP, Business, Democratic, Trump, Inc, PAC, MAGA Inc, Federal, Forbes, Pan Am Systems, Bloomberg, Republican Gov, GOP House, Democratic National, MAGA Republicans, RFK Jr Locations: Kennedy's, Manhattan, Texas, Mexico, propping
This Easy Brunch Dish Feels Like a Trip to Italy
  + stars: | 2024-06-21 | by ( Brian Levy | ) www.nytimes.com   time to read: +1 min
Ruth Rogers, a founder of the famed River Cafe in London, brought cash to a parking lot in Pisa, Italy, to meet a vendor she had connected with through a Ligurian acquaintance. It wasn’t an illicit deal; she was merely seeking a replacement for the frying pans she’d been using to make farinata, a crisp-creamy pancake made from just chickpea flour, olive oil, water and salt. Nearly a decade later, that specialty pan made from dimpled copper and tin, and meant specifically for farinata, remains in rotation at the River Cafe, where it is used to turn out the savory chickpea dish almost daily. Farinata has a long history as a street food in a corner of the Mediterranean coast stretching from Liguria to the French Riviera, and its preparation varies little despite the different names by which it goes: belecauda, or “nice and hot,” as it should be served, in Piedmont; socca in Nice; cade in Toulon; cecina; fainá; and fainè.
Persons: Ruth Rogers, Farinata, cade Locations: London, Pisa, Italy, Liguria, Piedmont, socca, Nice, Toulon
Jack Taylor | Getty Images News | Getty ImagesLONDON — European stocks are heading for a cautiously higher open Friday as investors monitor a slew of central bank decisions and data releases. The pan-European Stoxx 600 index is on course for a weekly gain of more than 1.5%, its best performance since early May. Attention this week turned to central bank action, as the Swiss National Bank announced it would cut interest rates by 0.25 percentage points to 1.25%. The SNB became the first major central bank to cut rates during this cycle back in March. The Bank of England meanwhile kept interest rates unchanged at a 16-year high of 5.25%.
Persons: Jack Taylor Organizations: Getty, Equity, European Union Parliament, Reuters, Swiss National Bank, Bank of England Locations: Godalming, United Kingdom, France
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Along the walls of the B/D train station on 167th Street, Rico Gatson created “Beacons,” eight portraits of Black and Latino leaders with connections to the Bronx. He modeled each mosaic on black-and-white photographs, adding bright rays “coming out of a Pan-African sensibility of black, red and green,” Gatson has said, “but expanding with yellow and orange and sometimes evolving into silver and gold.”Ann Hamilton’s “CHORUS” (2018) is a white marble mosaic of words taken from the preamble of the Declaration of Independence and the United Nations Declaration of Human Rights, “a song stitched step by step” along a wall of the No. 1 train platform at the World Trade Center Cortlandt station.
Persons: Rico Gatson, Black, Gatson, ” Ann Hamilton’s, Organizations: United, World Trade Center Locations: , Independence, World Trade Center Cortlandt
Click here to follow Copa America on The Athletic and get relevant stories in your personalized feed. AdvertisementMelanie Anzidei: Winning a second Copa America in a row would solidify Argentina’s place as one of football’s greatest teams. With both nations tied on a record 15 Copa America titles each, I’ve got my fingers crossed for a meeting in the final. Cardenas: Luis Diaz scored four goals at the 2021 Copa America, leading Colombia to the semifinals. GO DEEPER The Radar – The Athletic’s Copa America 2024 scouting guideTell us one thing you really want to see happen…Cardenas: The Copa America is such an important tournament for South American countries.
Persons: Angel Di Maria, Lionel Messi, Will Vinicius Junior, Paul Tenorio, I’m, Felipe Cardenas, Messi, Carl De Souza, Jeff Rueter, Melanie Anzidei, Joshua Kloke, Brazil —, Thom Harris, Marcelo Bielsa, I’ve, Tenorio, Lionel Messi Cardenas, Lionel Messi Rueter, Lautaro Martinez Anzidei, Julian Alvarez Kloke, Luis Diaz Harris, Darwin Nunez, Cardenas, Luis Diaz, Diaz, It’s Messi, Vinicius, Gustavo Pagano, Vinicius Jr’s, Harris, … James Rodriguez, Nestor Lorenzo, James Rodriguez, Josh, Jeremy Reper, Enzo Fernandez ’, Yaser, Colombian Phil Foden, Paul, I, Piero Hincapie, Bayer, That’s, Hincapie, Dario Osorio, Alexis Sanchez’s, He’s, Osorio, Santiago Gimenez, Jonathan David, Europe’s, Snagging, … Cardenas, Leon Bailey, Michael Miller, Osorio dazzles, holdovers, Eduardo Vargas, Peru’s Paulo Guerrero, Vargas, Ricardo Gareca’s Organizations: Copa America, The Athletic, Reigning, Argentina, Messi, Saudi, AFP, Getty, Brazil, Guatemala, Inter Milan, C, Uruguay, Group, Colombia, Tenorio, Watford, Bayer Leverkusen, Bundesliga, Premier League, The, Midtjylland, Feyenoord, Canada, Copa, South, U.S, Reggae, MetLife, United, London, Paraguay, Red Bull Arena Locations: United States, Canada, Argentina, Brazil, U.S, Saudi Arabia, Miami, , Uruguay, Mexico, Colombia, The U.S, Chile, Colombian, England, Asprilla, Ecuador, Chilean, Denmark, Lille, Rueter, Jamaica, Barcelona, Copa America, Spain, Cardenas, Italy, Venezuela, Senegal, France
And in an age where social media and streaming platforms have fragmented the cultural landscape, does the song of the summer even exist anymore? “It’s not like people were walking around in 1925 and saying, ‘You think that’s the summer song this year? New York Magazine’s 1995 Summer Fun issue devoted an article to examining the summer song as a unifying force — per the magazine, a summer song should be 1) released in the summer, 2) uncomplicated and 3) unforgettable. MTV’s Video Music Awards introduced a song of summer category in 2013, with One Direction’s “Best Song Ever” nabbing the inaugural award. Even as the song of the summer has become increasingly debatable, the idea that a single song could encapsulate a given summer continues to have a hold over our culture.
Persons: David Hajdu, , , Hajdu, Phil Edwards, George Gershwin's, George Gershwin’s, Harry James ’, “ It’s, that’s, ’ ” Hajdu, Young, , ” Hajdu, Michael Ochs, Martha, Lovin, Sly, Stone, Robert Thompson, Ann Powers, Ricky Martin's, Frank Micelotta, ” Thompson, Thompson, gatekeepers, Vulture, Rolling Stone, It’s, Jason Lipshutz, Morgan, SZA, Armando L, Sanchez, Morgan Wallen’s “, Lipshutz, Miley Cyrus, Kylie Minogue, Organizations: CNN, Day, Labor, Vox, Washington Post, Billboard, Beach Boys, Michael Ochs Archives, Vandellas, . Radio, Bleier Center for Television, Culture, Syracuse University . New, Bills, Backstreet Boys, Nielsen, American, Rolling, Social, Chicago Tribune, Tribune, Service Locations: America, Washington, Syracuse University . New York,
I think that Ralph Lauren is able to understand that ethos and bring it to life,” Lauren continued. "Team USA uniforms celebrate classic styles that are made to be loved and endure for generations," Ralph Lauren said in a statement of the label's new designs — like the single-breasted blazers athletes will wear to the opening ceremony on July 26. For this occasion, Ralph Lauren designed a racecar-style jacket with USA patch detailing, a a classic striped polo and crisp white jeans. Richard Phibbs/Courtesy Ralph LaurenGymnast Shilese Jones — one of Ralph Lauren's brand ambassadors at the 2024 Games — is pictured in the closing ceremony look. John Guerrero/Courtesy Ralph Lauren
Persons: Ralph Lauren, athleisure, , ” David Lauren, Ralph Lauren’s, , ” Lauren, Richard Phibbs, Ralph Lauren Four, Katie Ledecky, Steven Pan, Kamren Larsen, Ralph Lauren Denim, Jamal Hill, Daryl Homer, Shilese Jones, Ralph Lauren's, “ Ralph Lauren, ” Sarah Hirshland, ” Kiteboarder Daniela Moroz, John Guerrero Organizations: CNN, USA, Olympic, Team USA, , , Paralympic, Paris Games Locations: Paris, , America
Industrial property firm Goodman Group is converting its traditional warehouses into data centers to meet the surging demand for artificial intelligence infrastructure. Citi believes this trend will likely drive "double-digit medium-term earnings growth" and has added the Australian stock to its "Pan-Asia Focus list." Data centers are large buildings that house critical computing infrastructure and equipment. "As it progresses opportunities in data centers, it is likely to deliver a large range of products from powered sites and turnkey projects." Electricity has been a key bottleneck preventing many data centers from further expansion.
Persons: Howard Penny, Goodman Organizations: Goodman Group, Citi, GMG Locations: Asia, Sydney, United States, Australia, Japan, Hong Kong, Singapore
I usually fry my bacon, but the recipe said to bake it, and I really liked this method. The bacon slices on a wired sheet pan. I placed five strips of bacon on a baking wire rack on a sheet pan and put it in the heated oven. After 20 minutes in the oven, the bacon turned out perfectly crispy. Cooking the bacon on the wire rack was easier than frying it, in my opinion.
Persons: Erin McDowell
When consumer sentiment falters or the economy starts to teeter, RV sales follow suit, said Michael Hicks, an economics professor at Ball State University and director of Indiana University’s Center for Business and Economic Research. “People don’t make these large, luxury purchases unless they’re actually feeling better about the economy,” said Hicks, who follows the RV industry closely. “It’s so sensitive to interest rate changes, which often precede a downturn.”A Winnebago travel trailer at Motor Sportsland RV dealership in Salt Lake City on April 6, 2020. Nika Shneyder and her father and business partner, Alex Shneyder, standing by a Chill RV in Malibu RV Park, California, in 2019. They moved down to a historically strong, but noticeably smaller, 493,000 the next year, according to data from the RV Industry Association.
Persons: That’s, Nika Shneyder, “ We’re, ” Shneyder, , Michael Hicks, , Hicks, George Frey, bode, ” Michael J, Happe, hasn’t, We’ve, we’ve, Covid, Alex Shneyder, Nika, they’d, Monika Geraci, David Titus, Ty Wright, there’s, Ball State’s Hicks, ’ Titus, they’re, we’ll, Titus, ” Titus Organizations: CNN, Ball State University, Indiana University’s Center for Business, Economic Research, Bloomberg, Getty, Winnebago Industries, RV Industry, Dealers, RVs, Consumers, HL Enterprise, Manufacturing, of Labor Statistics Locations: Los Angeles, teeter, Salt Lake City, YOLO, Malibu, , California, Elkhart , Indiana, The Northern Indiana, South Bend, Elkhart, , Elkhart .
French energy prices fell into negative territory on an overflow of renewable power, Bloomberg reported. AdvertisementDay-ahead energy prices in France fell into negative territory amid surging renewable power production, Bloomberg reported. The situation in France is different in that the rollout of renewable power has been slower than in other countries in the region, Reuters said. Paris has installed around 45 gigawatts of wind and solar capacity, and is behind European Commission targets. AdvertisementIf the National Rally party wins, it has pledged to slash renewable subsidies and end the wind power industry's expansion.
Persons: , It's, SEB Research Organizations: Bloomberg, Service, Electricite, Reuters, National Rally Locations: France, Spain, Germany, Paris
President Emmanuel Macron called the snap elections Sunday after his party lost to the far right in a vote for EU lawmakers, a shock move that rattled markets for French stocks and government bonds. There has been widespread speculation since then that the National Rally, the party of far-right doyenne Marine Le Pen, is poised to become the most powerful force in parliament, unseating Macron’s centrist bloc. The risk of something similar happening in France is real, according to the country’s finance minister, Bruno Le Maire. “This comes down to the (parties’) plans that are on the table, whether we can, yes or no, finance this debt,” Le Maire said. The National Rally has promised to raise public spending and slash VAT on electricity and fuel.
Persons: Emmanuel Macron, Pen, , Truss, Bruno Le Maire, Le Maire, , ” Le Maire, ’ jitters, Ludovic Marin, La Tribune Dimanche, Frank Gill, Moody’s, ” Joseph Ataman, Mark Thompson Organizations: London CNN —, EU, National, , AAA, Getty Images Stock, haven’t, CNN, BFMTV, La Tribune, National Rally, European Central Bank, ECB Locations: France, ‘ France, French, Portugal, Europe, Italy, AFP, Paris, London
“My parents took me to see ‘Peter Pan’ at TheatreWorks in Palo Alto. I was 3, and I was sitting on my mom’s lap, and Captain Hook had Peter Pan tied up, and apparently I stood up on my mom’s lap, and I screamed, ‘You poo-poo head!’ at Captain Hook.” — Will Brill“I saw Mark Rylance play Olivia in ‘Twelfth Night.’ And I was so astonished by his tragic sense of humor. I had been planning on doing an Olivia monologue to audition for school, and I was like, ‘I can’t do it because he’s too brilliant.’ I changed my monologue.” — Juliana Canfield“I did three different productions of ‘Grease.’ I played Danny every time, at 12, 14, and then my senior year of high school. When I was Danny my senior year, all of a sudden the girls started to take notice.” — Tom Pecinka
Persons: , Peter Pan ’, Captain Hook, Peter Pan, — Will Brill, Mark Rylance, Olivia, , ” — Juliana Canfield “, , Danny, , Tom Pecinka Locations: TheatreWorks, Palo Alto
Tesla CEO Elon Musk claimed on Thursday that his company's Optimus humanoid robots could eventually make the automaker worth more than half of that. As for shareholder value, Musk said Optimus could be the catalyst for lifting Tesla's market cap to $25 trillion someday. The company, he predicted, will have "over 1,000, or a few thousand, Optimus robots working at Tesla" in 2025. Getting to a $25 trillion market cap would mean that Tesla would be worth about eight times Apple's value today. He did say that autonomous vehicles could get the company to a market cap of $5 trillion to $7 trillion.
Persons: SeongJoon Cho, Elon Musk, Tesla, Optimus, Musk Organizations: Tesla Inc, Seoul Mobility, Bloomberg, Getty, Optimus, Star Wars, EV, world's, Microsoft Locations: Goyang, South Korea, Austin , Texas, Thursday's
I cooked bacon using my stove, oven, air fryer, and microwave to see which had the best results. The oven is great for big batches of bacon, but the air fryer created the perfect taste and texture. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . My preferred way to prepare our bacon is to cook a large batch in the oven at 350 degrees Fahrenheit for 10 minutes. This story is available exclusively to Business Insider subscribers.
Persons: fryer, , it's Organizations: Service, Business
Hong Kong is known as a global center of trade and finance, but the city has much more to offer. Here are some must-do daytime experiences to check out between meetings and conferences, transforming your time in Hong Kong from "work trip" to an enriching "bizcation." Sample daytime bizcation itinerary Grab a plastic stool at Shui Kee Coffee to try some of the city's best French toast and Hong Kong milk tea. Find inspiration in Hong Kong's colorful art sceneThere are dozens of museums sprinkled around Hong Kong, but M+ is arguably its most impressive. Hong Kong Tourism BoardIf you're looking for a quiet escape, hop on a ferry to Cheung Chau, a much-loved getaway for Hong Kongers.
Persons: Shui Kee Coffee, Qing, it's, It's, Yau Ma, HKwalls, Ling Lane, Chan Lane, Chung, you've, Wong Tai, Nan Lian Garden, Tai, Hing, Get, Cheung Chau, Hong Kongers, Yang Organizations: Shui, Kowloon Cultural, Hong, Hong Kong Palace Museum, . Hong Kong Tourism Board, Art, Hollywood, Lin, Hong Kong Tourism Board, Hing Kee, Michelin, Rosewood Hong, Insider Studios Locations: Hong Kong, Shui Kee, Kowloon, Victoria Harbour, Hong Kong Palace, Jordan, . Hong Kong, Sai Ying, Wong Tai Sin, Mo, Sheung Wan, Tai Sin, Hing Kee Shanghai, Cheung
Canada couldn’t beat Guadeloupe or Guatemala last summer, then lost to Jamaica and confidence has pretty much hit rock bottom. The Athletic followed Marsch and Canada to Rotterdam and Bordeaux to find out. In the 15 months he has been out of the game, Marsch has taken time to choose his next job. “There’s a long way to go.”GO DEEPER The Jesse Marsch debate: Underrated Premier League-level manager or master of failing up? Well, for a start, Canada do have a number of talented players to build a team around.
Persons: John Herdman, Alphonso Davies, Herdman, Jesse Marsch, It’s Marsch’s, you’d, Stephen Eustaquio, Georginio Wijnaldum, Dean Mouhtaropoulos, Cyle, Virgil van Dijk, Marsch, Marcelo Bielsa, George Wood, San, “ We’re, , , can’t, Davies, Jonathan David, Tajon Buchanan, Ismael Kone, Jacob Shaffelburg, Erling Haaland, Martin Odegaard, Koen van Weel, Buchanan, David, ” Davies, ” Marsch, It’s, Ralf Rangnick, “ He’s, Alistair Johnston, ” Eustaquio, Kompany, they’re, Preston’s Liam Millar, William Saliba, Maxime Crepeau, Kylian Mbappe, Liam Millar, France’s N’Golo Kante, Franck Fife, “ That’s, Johnston, we’ve, ” Johnston, They’ve, Rene Nijhuis Organizations: The Athletic, Copa, Canada couldn’t, Leeds United, Copa America, Argentina, U.S, Championship, The, Leeds, Poland, Porto, New York Red Bulls, Red Bull Salzburg, Austrian, RB Leipzig, Premier League, Southampton, MLS Canada Men’s, MLS, Montreal, Toronto FC, Vancouver Whitecaps, UEFA, Canada, Bayern Munich, Real Madrid, Bernabeu, Champions League, Lille, League, Serie, Inter Milan, Watford, Getty, Marsch, , , Bayern Canada, France Locations: Netherlands, France, Argentina, Canada, Qatar, Guadeloupe, Guatemala, Jamaica, Europe, Copa, U.S, Mexico, Marsch, Rotterdam, Bordeaux, Dutch, Leicester, South Korea, Chile, Peru, San Marino, Cook, Canadian, Eustaquio, Nashville, Norway, Munich, Milan, Lille, Mallorca, Austria, It’s, AFP, Atlanta
The chief investment officer of G Squared Private Wealth believes the divergence between AI winners and losers will widen this year. "People are going to need to start making money with AI," Greene told CNBC in an interview. "At some point, you can't just talk about [the] future, you're going to have to show that the progress is being made." "You're going to continue to see so much upgrade. This AI shift is not a flash in the pan," she noted.
Persons: Victoria Greene, Greene, she's bullish, they're, Tesla, Merrill Lynch Organizations: G, Private Wealth, G Squared, CNBC, Emerson Global Locations: industrials, Eaton
CNN —Table tennis player Bruna Alexandre will make history later this year as the first person from Brazil to compete at both the Olympic and Paralympic Games. Earlier this week, the Brazilian Table Tennis Confederation announced that Alexandre, a one-armed athlete who has won four Paralympic medals, would be part of the team competing at the upcoming Paris Olympics. The 29-year-old will now join the likes of South African runner Oscar Pistorius and Polish table tennis player Natalia Partyka by appearing at both the Olympic and Paralympic Games. Partyka became the youngest Paralympian in table tennis history when she competed at Sydney 2000 aged just 11, and then became the first table tennis player to compete in both the Olympics and Paralympics in Beijing eight years later. I think she started this history of table tennis: she played Olympic and Paralympic table tennis together and that gives me great inspiration.”
Persons: Bruna Alexandre, Alexandre, , ” Alexandre, Oscar Pistorius, Natalia Partyka, Partyka, Olympics.com, Organizations: CNN, Olympic, Paralympic Games, Tennis Confederation, OF, Instagram, American, Sydney, Olympics Locations: Brazil, OF BRAZIL, Pan, Santiago , Chile, Beijing
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In this week’s roundup of travel news, we bring you the world’s best restaurants for 2024, Disneyland’s epic expansion plans and the little museum in rural England that’s become a YouTube hit. World’s best restaurants1. This famed Barcelona eatery was one of five restaurants in Spain to make this year's World's 50 Best Restaurants list. Dubai has more “best” restaurants than any other destination in the Middle East, according to the 50 Best group.
Persons: England that’s, He’s, that’s, AirlineRatings.com, Disney World’s, Peter Pan, Francesc Guillamet Ferran, Asador, Bruno Verjus, Philippe Vaures Santamaria, Dabiz Muñoz, Diverxo, Diverxo Maido, Maido, Atomix, Evan Sung, Søren Gammelmark, Gaggan Anand, Don Julio, Pablo Domina World's Organizations: CNN, Canada House, American Airlines, Disney, Aberdeen Angus, Multicultural, CNN Travel, Finland Locations: England, New York, Paris, Normandy, Canada, Philippines, Bataan, Florida, Texas, Gulf, Asia, Pacific, Southern California, Japan, Tokyo, Disfrutar, Barcelona, Spain, Basque, Madrid, Spanish, Lima, Peru, New York City, Koreatown, Manhattan, Quintonil, Mexico, Copenhagen, Denmark, Bangkok, Thailand, Kolkata, Buenos Aires, Argentina, Hereford, Dubai, British, Soviet Union
Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. LONDON — European stocks closed lower on Friday, as investors digested fresh U.S. jobs data and the European Central Bank's latest interest rate commentary. All major bourses and almost all sectors traded in the red, with utilities down 1% as health-care stocks added 0.5%. U.S. stocks were mixed following the release, with the S&P 500 hitting a fresh record high as the Nasdaq Composite dipped. Closely behind was Geert Wilders' anti-immigration party, which looks set to have won seven seats.
Persons: Dow Jones, Geert Wilders Organizations: LONDON, Central, Nasdaq, Labour Locations: Paris, France, U.S, Europe, Netherlands
Tokyo DisneySea's Fantasy Springs port has three themed areas and a new hotel, pictured. Tokyo Disney ResortA few Disney firstsVisitors to the new port first head through a tunnel passage made of rocks shaped like Disney characters from the three film franchises that inspired Fantasy Springs. One of the most anticipated additions inside Fantasy Springs is undoubtedly Rapunzel’s Forest, Disney’s first Tangled-inspired themed area. How to access and stay in the parkThe Tokyo DisneySea Fantasy Springs Hotel offers two options: The Fantasy Chateau and the more luxurious Grand Chateau (pictured here). Tokyo Disney ResortA one-day Fantasy Springs Magic passport is currently included for guests buying one of Tokyo Disney’s hotel vacation packages or available for purchase by those staying at the new Tokyo DisneySea Fantasy Springs Hotel inside the expansion.
Persons: Peter Pan, Flynn Rider, Peter Pan’s, Tinker Bell, John Darling –, Captain Hook, won’t, , , Anna, Elsa, bakehouse Organizations: CNN, Tokyo, Disney, Oriental Land Co ., , Tokyo Disney, Visitors, Resort, Spotify, Springs Hotel, Springs, Tokyo Disney Resort Locations: DisneySea, Tokyo, United States, Corona, Fantasy Springs, Fantasy
“We saw that with the mRNA (messenger RNA) vaccines that it can be a good messenger,” says Cech. The Catalyst by Thomas R. Cech W W NortonYou mentioned in “The Catalyst” that research on RNA has been around since the ‘50s. What is something that most people get wrong about mRNA vaccines, such as the Covid-19 ones? Thomas R. Cech in a lab in 1984, five years before he won the Nobel Prize in Chemistry. How does this apply to DNA, RNA, mRNA and CRISPR?
Persons: you’re, , Thomas R, Cech, ” Cech, Sidney Altman, he’s, Norton, It’s, Thomas R . Cech, Organizations: CNN, Pfizer, DNA, University of Colorado, Denver Post, Rotary Clubs, Lions Locations: Moderna, University of Colorado , Boulder, Boulder , Colorado, China, Cambridge , Massachusetts, United States, Germany
The emergence of new regional payment systems likely won't spur de-dollarization, OMFIF said. According to commentary published Thursday, obstacles are already afflicting new regional payment systems, even as de-dollarization rhetoric creeps up. AdvertisementMeanwhile, efforts to assemble regional financial systems have delivered the Pan-African Payment and Settlement System, OMFIF cited as one example. For instance, it's even launched its own payments infrastructure, the Cross-border Interbank Payment System. But China's efforts to create an alternative system are a defensive ploy for now, OMFIF wrote in a separate note from May.
Persons: OMFIF, , Julian Jacobs, it's, That's, Zoe Liu Organizations: Service, Monetary, Financial, Forum, United Arab, China, Foreign Relations Locations: China , Hong Kong, United Arab Emirates, Thailand, Russia, Ukraine, Beijing, Taiwan
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