REUTERS SUMMIT China GDP to slow, will become inflation exporter, money managers say

REUTERS SUMMIT China GDP to slow, will become inflation exporter, money managers say

People walk along at financial district of Lujiazui in Shanghai, China October 15, 2021. REUTERS/Aly SongLONDON, Dec 6 (Reuters) – China, widely seen as an exporter of disinflation for the past two decades, is likely to drive higher inflation in coming years, the chief investment officer of Neuberger Berman said on Monday.”The common prosperity drive … Read more

Return to tradition: Biden celebrates Bette Midler, Joni Mitchell at Kennedy Center Honors

Return to tradition: Biden celebrates Bette Midler, Joni Mitchell at Kennedy Center Honors

WASHINGTON, Dec 5 (Reuters) – President Joe Biden celebrated artists including Bette Midler, Joni Mitchell and Lorne Michaels on Sunday at the Kennedy Center Honors, bringing back presidential participation to an annual event skipped by Republican Donald Trump.Singer Justino Díaz and Motown founder Berry Gordy rounded out the group of artists selected by the Kennedy … Read more

First accuser takes stand in Ghislaine Maxwell sex-abuse trial

First accuser takes stand in Ghislaine Maxwell sex-abuse trial

NEW YORK, Nov 30 (Reuters) – An accuser — a woman known by the pseudonym Jane — of Ghislaine Maxwell began testifying in the British financier’s sex-abuse trial in Manhattan on Tuesday.A prosecutor said during opening statements on Monday that Maxwell and late financier Jeffrey Epstein met Jane in 1994 at a summer camp when … Read more

China downgrades diplomatic ties with Lithuania over Taiwan

China downgrades diplomatic ties with Lithuania over Taiwan

BEIJING/VILNIUS, Nov 21 (Reuters) – China downgraded its diplomatic ties with Lithuania on Sunday, expressing strong dissatisfaction with the Baltic State for allowing Taiwan to open a de facto embassy there and raising tensions in a row that has dragged in Washington.China views self-ruled and democratically governed Taiwan as its territory with no right to … Read more

Explainer: Delta dominates the world, but scientists watch for worrisome offspring

Explainer: Delta dominates the world, but scientists watch for worrisome offspring

Pedestrians walk along a shopping street after the Austrian government placed roughly two million people who are not fully vaccinated against the coronavirus disease (COVID-19) on lockdown, in Vienna, Austria, November 15, 2021. REUTERS/Lisi NiesnerCHICAGO, Nov 15 (Reuters) – The Delta variant of the SARS-CoV-2 virus now accounts for nearly all of the coronavirus infections … Read more

Venezuela’s Maduro ally Saab pleads not guilty to U.S. money laundering charge

Venezuela's Maduro ally Saab pleads not guilty to U.S. money laundering charge

Alex Saab Moran is seen in a booking photograph available to Reuters on October 17, 2021. Broward County Sheriff’s Office/Handout via REUTERSMIAMI, Nov 15 (Reuters) – Alex Saab, an ally of Venezuelan President Nicolas Maduro, has pleaded not guilty to a U.S. charge of conspiring to launder money, according to a court document filed on … Read more

Miami professor requests light sentence in Venezuela money laundering case

Miami professor requests light sentence in Venezuela money laundering case

NEW YORK, Nov 10 (Reuters) – A University of Miami professor who has pleaded guilty to U.S. charges he helped launder funds from Venezuela on behalf of businessman Alex Saab has requested a lenient sentencing because of his ill health and advanced age, court records show.Bruce Bagley, who studied drug trafficking and organized crime in … Read more

U.S. judge dismisses most money laundering charges against Maduro ally Saab

U.S. judge dismisses most money laundering charges against Maduro ally Saab

A woman walks by a mural in support of the liberation of Colombian businessman and envoy Alex Saab, who is detained in Cape Verde on charges of laundering money for the government of Venezuelan President Nicolas Maduro, in Caracas, Venezuela September 9, 2021. REUTERS/Leonardo Fernandez Viloria/File PhotoNov 1 (Reuters) – A U.S. judge in Florida … Read more

Maduro ally Saab to plead not guilty to money laundering -lawyer

Maduro ally Saab to plead not guilty to money laundering -lawyer

Oct 28 (Reuters) – Alex Saab, a Colombian businessman who became a special envoy for Venezuelan President Nicolas Maduro, will plead not guilty to money laundering charges when arraigned on Monday, his lawyer Henry Bell told Reuters.In a case that pits the United States against Maduro’s socialist administration, Saab was arrested last year in Cape … Read more