China Funding Fentanyl Crisis
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An Unfinished Film review – moving and mysterious movie about China’s Covid crisis
Cannes film festivalLou Ye’s docu-realist film starts as sophisticated comedy, morphs from looking like a zombie apocalypse to intimate drama, and evolves into a tribute to how a nation handled trauma. Out of agony and chaos, Chinese film-maker ...The Guardian - World - Covid -
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China rolls out new measures to fix its property crisis, spur growth
China has announced fresh measures to revive its ailing property industry after the latest data showed housing prices slumped further in AprilABC News - World - China -
In the shadow of the college protests is a generation’s collective identity crisis
The West is struggling with a collective identity crisis.The Hill - Politics -
The crisis of confidence in higher education will not end with the student protests
Even as student protesters take down their encampments and go home for the summer, colleges and universities are left with much work to do if they are to regain the public’s trust in higher education.The Hill - Politics -
Supreme Court upholds funding structure for CFPB
The Supreme Court said in a 7-2 decision that the Consumer Financial Protection Bureau's funding structure complies with the Constitution's Appropriations Clause.CBS News - Top stories -
Supreme Court Rejects Challenge to CFPB Funding
A decision against the agency, the Consumer Financial Protection Bureau, could have cast doubt on all of its regulations and enforcement actions.The New York Times - Top stories -
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How a Personal Crisis Changed Zola's Shan-Lyn Ma as a Leader
The founder reframed her leadership goals after surviving a serious car accident.Inc. - Business -
As crisis escalates in Tunisia, lawyers strike over arrested colleague they say was tortured
Lawyers in Tunisia took to the streets on Thursday to protest a string of recent arrests that have convulsed the country over the past week and provoked international outcryABC News - World -
Haiti's crisis rises to the forefront of elections in neighboring Dominican Republic
As soaring violence and political turmoil grip neighboring Haiti, the Dominican Republic will hold elections Sunday that have been defined by calls for more crackdowns on migrants and finishing a border wall dividing the countriesABC News - World -
'Catastrophic': Inside Gaza's mental health crisis impacting civilians, aid workers
Amid the ongoing Israel-Hamas war, international organizations said there is "catastrophic" mental health crisis in Gaza affecting civilians and aid workers.ABC News - Top stories -
Mexico City Has Long Thirsted for Water. The Crisis Is Worsening.
A system of dams and canals may soon be unable to provide water to one of the world’s largest cities, a confluence of unchecked growth, crumbling infrastructure and a changing climate.The New York Times - World - Mexico -
Middle East Crisis: Benny Gantz Threatens to Leave Israel’s Government
Gantz, a centrist member of Israel’s war cabinet, told the Israeli prime minister he had until June 8 to address how Gaza would be governed after the war, among other unanswered questions.The New York Times - World - Israel -
Dominican Republic President Luis Abinader heads to reelection as competitors concede early
Dominican Republic President Luis Abinader is headed to a second term following general electionsABC News - World -
Biden decries Gaza humanitarian crisis at Morehouse, winning applause
President Biden decried the "humanitarian crisis in Gaza" in his commencement address at Morehouse College on Sunday, which marked his first appearance on a college campus since student protests erupted nationwide over the Israel-Hamas war. ...The Hill - Politics - Joe Biden -
Dominican President Set to Win Re-Election as Voters Eye Crisis in Haiti
President Luis Abinader was bolstered by nativist migration policies, a strong economy and an anticorruption drive.The New York Times - World -
Middle East Crisis: Biden Declares Israel’s Military Operation in Gaza ‘Is Not Genocide’
The president, speaking at a Jewish heritage event in the Rose Garden, criticized the decision of an international prosecutor to seek arrest warrants for top Israeli officials on war-crime charges.The New York Times - World - Joe Biden -
The Cost of Competing With China
The Biden administration is betting that new China tariffs will be politically popular, even if they could slow the transition from fossil fuels.The New York Times - Top stories - China -
Supreme Court: Consumer Financial Protection Bureau funding doesn't violate Constitution
The Supreme Court has ruled the Consumer Financial Protection Bureau's funding practices do not violate the Constitution. CBS News legal contributor Jessica Levinson breaks down the ruling.CBS News - Top stories -
With Ukraine Funded, New Fight Emerges in Congress Over Pentagon Spending
Mitch McConnell and other top Republicans want more federal money for the military. But Democrats say domestic programs must get an equivalent boost.The New York Times - Top stories - Ukraine -
Supreme Court rules Consumer Financial Protection Bureau funding structure is legal
The Supreme Court decision protects the CFPB from the potentially crippling risk that Republicans in Congress will block annual funding for the agency.CNBC - Business -
FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
House GOP looks to undercut McCarthy-Biden deal for 2025 funding
Rep. Tom Cole (R-Okla.), chair of the powerful House Appropriations Committee, on Thursday previewed the funding levels at which GOP negotiators are seeking to craft their annual government spending bills for fiscal 2025. Republicans are proposing ...The Hill - Politics -
Supreme Court Upholds Consumer Finance Protection Bureau Funding Method
The way the agency--a target of a conservative attacks--gets money from the federal government does not violate the Constitution, the court rules in a 7-2 vote.Inc. - Business -
Param Labs raises $7M to fund gaming ecosystem development
Param Labs announced it's raised $7 million in its latest funding round to fund its modular gaming ecosystem.VentureBeat - Tech -
These tips for investing in mutual funds and ETFs shine a light on your money
Leadership changes at Vanguard, a big investor favors a gold ETF, and selling stocks to buy index funds.MarketWatch - Business -
Reroute funding to boost local NHS services, says opinion poll
Public priorities at odds with government spending programme for community healthcare, data showFinancial Times - World -
Biden's HHS is trying to twist the Hyde Amendment to mandate abortion funding
HHS has taken a lot of aggressive positions under this administration, but this may be its most ludicrous.The Hill - Politics - Joe Biden -
BlackRock funds are ‘crushing shareholder rights,' says activist Boaz Weinstein
Boaz Weinstein is fighting for control or reform at 10 BlackRock closed-end funds, which trade at a steep discount to their net asset value.CNBC - Business -
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Pension funds need ‘compelling’ returns from UK nuclear projects to invest
Potential investors tell Jeremy Hunt regulatory clarity also essential before backing new power plantsFinancial Times - World - United Kingdom -
John Fetterman says it's ‘absurd’ to say he's a bully
Sen. John Fetterman said he was only responding to the chaos when he tweeted that a House panel had gone off the rails.Politico - Politics -
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House Democrat says cutting federal funds for Harvard 'needs to be on the table'
Rep. Jake Auchincloss (D-Mass.) on Sunday said cutting federal funds for Harvard University and other schools should be an option "on the table" over their handling of campus antisemitism. Auchincloss, who is an alum of Harvard, visited the Ivy ...The Hill - Politics -
Vanguard defends dominance of US equities in EU-domiciled funds
Response follows warnings of ‘unintended consequences’ of passive funds shunning EU corporationsFinancial Times - World -
Crypto Venture Firm New Form Aims to Raise $100 Million Fund
Crypto and blockchain-focused venture firm New Form Capital is returning to the fundraising market, seeking to raise a $100 million fund in the latest sign investors remain bullish on the once-beleaguered crypto sector.The Wall Street Journal - World - Crypto -
Greenlight Capital’s clash with a former employee has captivated the hedge-fund world
James Fishback, 29, says he was employed as Head of Macro at Greenlight Capital. The New York hedge fund says that position never existed.MarketWatch - Business -
Crypto Startups Pull $2.4 Billion in Venture Funding in First Quarter of 2024
Data from Pitchbook shows a 40 percent jump in investments in crypto startups from the last three months of 2023.Inc. - Business