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(NEXSTAR) — More streaming services are hiking their subscription prices this year. Disney+, Hulu, and ESPN+, all owned by Disney, will become more expensive in the coming weeks, executives announced Wednesday.
These price hikes come as Disney rolls out an ad-supported Disney+ subscription that it announced earlier this year.
The ad-supported plan will be available starting on Dec. 8, the same day the prices on most plans on Disney’s three streaming services will increase.
According to a Wednesday release, Disney+ with ads will cost $7.99 a month, the current monthly price of the standard no-ad Disney+ plan. If you prefer your Disney+ without ads, that plan will cost $10.99 a month starting in early December, or $109.99 annually.
Here is a breakdown of how much each Disney+, Hulu, and ESPN+ plan currently costs and how much it will cost starting on Dec. 8.
The subscription price hike for ESPN+ will take effect on Aug. 23. Disney announced this change earlier this year. Both Hulu subscription price jumps will be effective starting on Oct. 10.
Disney also allows users to bundle these streaming services. Here’s how those plans will change come December:
And here is how Hulu + Live TV plans will change:
Disney hasn’t announced if the cost for student discounted plans will change.
This isn’t the first price hike we’ve seen to streaming services this year. Netflix raised its monthly costs in January, with prices rising by about $1 to $2, depending on the plan. In February, Amazon Prime’s annual cost jumped – this also impacts streaming through Amazon.
Netflix will add a lower-priced, ad-supported plan soon but an official date hasn’t yet been announced. Disney+ was largely the last ad-free platform – in addition to ESPN+ and Hulu, Peacock already offered an ad-supported plan. While Apple’s streaming service is ad-free, it does have promotions for its own content. | https://www.news10.com/news/entertainment/disney-hulu-espn-prices-to-increase-here-are-the-new-costs-and-when-theyll-change/ | 2022-08-11T00:47:01 | en | 0.941505 |
JACKSONVILLE, Fla. — This week Jacksonville University welcomed its inaugural class of students at the JU College of Law in Downtown Jacksonville.
JU says this is the first new law school in the state of Florida in more than 20 years.
The school says 14 students were selected from a pool of several hundred candidates from all over the country. They will study at JU’s downtown location in Vystar Tower.
Nick Allard, the dean of the college, says they're focused on quality, not quantity.
Last week, Jacksonville's legal community welcomed the students in a convocation ceremony held in the courthouse, where they will be spending much of their time over the next few years.
Jacksonville University announced its plans to launch the College of Law this past spring, in partnership with the City of Jacksonville, which is investing public funding to help launch JU Law.
Mayor Lenny Curry previously said $5 million in public support will be going toward the new law school.
The College of Law is not currently approved by the Council of the Section of Legal Education and Admissions to the Bar of the American Bar Association (ABA) and makes no representation to any applicant that it will receive approval from the Council before the graduation of any matriculating student. | https://www.firstcoastnews.com/article/news/local/inaugural-class-of-students-at-ju-college-of-law/77-dc789709-f232-47c1-86f5-2ba81df82119 | 2022-08-11T00:47:02 | en | 0.974749 |
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PORTSMOUTH, Va. (WAVY) — From New York to Hollywood and beyond, prayers are being offered for veteran actor and director Denise Dowse.
According to her sister Tracey, the 1981 graduate of Norfolk State University is fighting for her life in Los Angeles after contracting viral meningitis. Tracey shared the diagnosis on Facebook over the weekend.
Tracey tells Nexstar’s WAVY that her sister’s illness started in July as a headache; she slipped into a coma on July 18, and doctors confirmed the diagnosis on July 21.
Actor and director Joe James of Norfolk, who starred with Dowse in the Southeastern Virginia Arts Association & Stage Norfolk production “Hiram and Nettie” in 2005, was stunned to read the update on Facebook.
“I stopped in my tracks, I had to sit down and I said to myself ‘I just saw her picture come across my thread and this can’t be, this cannot be’,” lamented James from his home in New York.
“Denise is just one of those spirits and when she walks into a room she just lights it up,” said James.
Terrance Afer-Anderson directed the play “Hiram and Nettie,” and now he’s leading the online plea for prayers.
“People all over the country are praying for Denise,” said Afer-Anderson.
Dowse was the talk of the town at Norfolk State. Under the direction of the late Robert Wynn-Jackson, Dowse played the lead role in “Who’s Afraid of Virginia Woolf.”
“I remember that like it was yesterday; it was one of her favorite roles,” said sister Tracey Dowse from the home she shares with Denise in Los Angeles.
More than 100 other roles have made Dowse a constant on the big screen, on the small screen, and on Broadway.
Notable roles include appearing as the principal of a high school in the movie “Coach Carter,” a judge in the television show “Law and Order,” and two roles in the television show “Beverly Hills, 90210.” She recently completed a director role in the film “Remember Me: The Mahalia Jackson Story.”
As the prayers continue, Nexstar’s WAVY asked Tracey what advice Denise would offer to aspiring actors and directors.
“If this is your dream, keep going to what you have to do to live, but keep at it and it will eventually pay off,” said Tracey who is a life coach.
Tracey says her family believes in prayer and they pray Denise will return for another act in show business. | https://www.news10.com/news/national/denise-dowse-of-90210-and-more-in-coma-after-contracting-viral-meningitis/ | 2022-08-11T00:47:07 | en | 0.976885 |
YULEE, Fla. — Some Nassau County parents say the new school year is off to a rocky start after the school district removed a neighborhood bus stop. Now, they are concerned for the safety of students and say there is not a designated place for students to walk to get home.
“There’s nothing, there’s no watch for children signs, there’s no sidewalks, there’s no people monitoring the roads," Mother Crystal Pinkston said.
Residents in the Wilson Neck neighborhood say for years the bus would drop their kids off at the stop sign in the neighborhood but this school year the bus stop is gone, forcing students to walk if they don’t have a ride.
“The edge of the road is even breaking off in spots and that doesn't help either; they are going to end up walking in the ditch trying to get home,” Parent Christine Messer said.
Messer says it's a place where many parents wait to pick up their students from school and it adds to the neighborhood traffic.
“It's just not a safe road, it's too busy, it's too busy for these kids to be walking,” Messer said.
The neighborhood is a little less than a mile from both schools and according to state law, students living less than two miles from their assigned school are not eligible for transportation. Messer says her kids have used the bus stop for years.
“They're walking with a 30-pound backpack with school issued laptops, in the storms that we have in the summer, plus, and it's cold in the winter. My concern is it's only going to take one student, or even a driver, we've all done it. One second, you just kind of turn the radio or answer someone in your car, turn your head, they're gonna hit one of these students and then what, then what? You can't bring that student back.”
First Coast News reached out to Nassau County School District numerous times but have not heard back. | https://www.firstcoastnews.com/article/news/local/outreach/back-to-school/yulee-nassau-county-bus-stop-neighborhood-students/77-a35750e0-261c-4236-8b11-37e88a7794a1 | 2022-08-11T00:47:08 | en | 0.981041 |
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(NEXSTAR) – Ever wonder why that amazing video you tried to send to friends or relatives showed up minuscule and pixelated? It’s just one of several texting issues that Google blamed Apple for in a blunt message posted on its website Tuesday.
“It’s time for Apple to fix texting,” Google wrote, calling out the Cupertino, California-based company for a variety of user headaches it says are related to Apple’s “outdated” choice of messaging service resulting in a “broken experience.”
Texts among Apple device owners using iMessage are encrypted and show up in blue bubbles; they can be sent via cellular data networks or over Wi-Fi. When an Android device, for instance, that can’t use iMessage enters the conversation, texts are sent via SMS/MMS and show up in green bubbles, without many of the features offered by iMessage.
SMS, which stands for Short Message Service, refers to basic texts, while messages with photos or video are sent via MMS, or Multimedia Messaging Service.
Google uses Rich Communication Services (RCS) for messaging on its Android devices, and is calling on Apple to adopt the same communication protocol to improve the texting experience between Apple and Android devices.
The SMS concept dates back to the 1980s and is the most widely used type of mobile message around the world. On Tuesday, Google called it “out-of-date” and to blame for a number of issues when it comes to Android-iPhone text snafus: Blurry, tiny photos and videos; lack of encryption, no typing indicators, no read receipts and an inability to leave group texts.
While personal frustrations are one thing, some young Android users have reported being ostracized and left out of group texts because their messages “turned the thread green,” leaving white text on a light-colored green background and eliminating some iMessage features.
Analyst Ben Bajarin told Fast Company that his teenage son explained, “we would start a new group chat, and the group would realize I was the reason it was green, and they would start another group chat without me.”
Distaste for green text messages has become fodder for memes and tweets about the social and even romantic stigma some attach to green text bubbles.
“If I give you my number and a green bubble pops up when you text me, I’m (at minimum) already questioning your taste level,” one person quipped.
“can’t believe I kissed a boy w green texts I am so nice that was my act of charity for the year,” another tweeted.
Now, Google hopes to leverage its “Get The Message” campaign – along with videos from from stars such as Vanessa Hudgens and Madelaine Petsch – to pressure Apple into adopting RCS.
“The bad experience you get when texting Android users is created by Apple,” Google claims.
Judging from evidence that surfaced in last year’s court battle with “Fortnite” maker Epic Games Inc., it may prove difficult to shame the Silicon Valley giant into ditching SMS/MMS.
Among the thousands of pages of internal documents revealed during the trial were emails among Apple executives discussing iMessage and Android, according to a January report in the Wall Street Journal.
“In the absence of a strategy to become the primary messaging service for [the] bulk of cell phone users, I am concerned the iMessage on Android would simply serve to remove [an] obstacle to iPhone families giving their kids Android phones,” Craig Federighi, Apple’s chief software executive, wrote in an email in 2013.
In a 2016 email, Phil Schiller, then-head of marketing, told CEO Tim Cook that “moving iMessage to Android will hurt us,” with another executive equating iMessage to “serious lock-in.”
It’s not clear what role the blue-green bubble divide may have played in Apple’s success in the U.S. market, but when it comes to young consumers, the iPhone is the clear sales winner.
In 2021, a study by Consumer Intelligence Research Partners found that over 70 percent of people between 18-24 bought an iPhone, according to the Journal.
Nexstar reached out to Apple for comment on Google’s campaign but did not receive a response. | https://www.news10.com/news/national/green-vs-blue-google-blasts-apple-for-broken-texting-between-iphone-android/ | 2022-08-11T00:47:13 | en | 0.936985 |
ORANGE PARK, Fla. — Florida has the third-largest prison system in the nation with roughly 80,000 inmates across more than 50 prisons.
Not all the inmates have family members who visit faithfully, but when one Orange Park grandmother was no longer allowed to visit her brother, she reached out to First Coast News for help.
Last week the only way that Leverne Hatcher, 82, was able to see her brother David Walden was through the State of Florida Department of Corrections' website.
Currently, Walden is behind bars at Zephyrhills Correctional Institution and has been in and out of prison for more than 25 years. In 1995, Walden was sentenced to 30 years in prison for kidnapping and robbery with a deadly weapon.
Hatcher kept in close contact with her brother and even put money into his inmate account until May when she was suddenly removed from his visitation list.
"My brother Davids whole visitation list was cancelled, and I have been trying since May 11, 2022 when I found out about this to be re-established on their approved visitation list," said Hatcher. "Zephyrhills Correctional Institution tells me they don't have people to approve all the new lists."
Hatcher, whose son is also in prison, knows her way around the system. She called and wrote letters to the prison asking to be put back on her brother's visitation list. After more than two months without being approved, she reached out to First Coast News.
After a series of phone calls and emails over five days from First Coast News to both the prison and the state Department of Corrections Hatcher was informed Tuesday night that she's been approved for visitation. But the whole ordeal has been stressful.
"You love the rest of the family that's with you, and you don't want to cheat them either," said Hatcher. "But there's never a time that there's not a void there for that family member that's not there. It ruins even the ones that's here, you never stop waiting to see them coming through that door, never."
Hatcher's brother was sentenced to 30 years in prison and is scheduled to be released in August 2023. Her son Timothy Adams is scheduled to be released in 2029.
"They've all been raised not to do the things that they did," said Hatcher. "But it got in their system and that's what we're paying for. I won't be happy until he's home. When my brother and son walk in that door, I'll be happy."
Hatcher tells First Coast News she never got a specific answer from FDC why she was not allowed to see her brother for so long.
FDC says since the inmate had been switched to different facilities throughout his time in prison, family members must reapply for visitation after every switch.
The same day that Hatcher was approved to visit her brother in prison the Florida Department of Corrections released the following statement regarding visitation rule changes. **That full statement can be found below.
FDC says it recently initiated a rule development process for "modernizing and defining visitation procedures with the ultimate goal of ensuring the safety and security of all inmates, staff and visitors."
The proposed rules would allow prisons to postpone visitation schedules and cut the number of visitors allowed inside during visiting times to ensure “institutional staffing levels are sufficient to adequately supervise the visitation.”
As of this writing, the proposed rules have not been passed.
Full statement from FDC:
The Florida Department of Corrections (FDC) recognizes the vital importance of visitation during an inmate’s incarceration. Maintaining community and family ties is also an essential component for an inmate to successfully re-enter into society. Our commitment to ensuring ample time for visitation is evident by our recent expansion of visitation at incentivized prisons.
Visitation takes place in both indoor and outdoor settings and children are often present and provided with an array of games and materials to ensure a positive interaction with their incarcerated loved one can take place.
FDC recently initiated a rule development process for modernizing and defining visitation procedures with the ultimate goal of ensuring the safety and security of all inmates, staff and visitors. The proposed implementation of structured and transparent guidelines, specifically as they pertain to modified visitation schedules or suspension of visitation privileges, have undergone extensive review from agency officials. The ultimate goal is to create a reliable, transparent policy to ensure a uniform approach across 50 major institutions, 16 Annexes and other satellite facilities.
As outlined in the proposed rule change, modified visitation and visitation suspensions are clearly defined and will only be considered when absolutely necessary, and only after specific criteria is met. In the event consideration of modified visitation occurs, the proposed rule also includes an extensive and stringent review process by both regional and statewide administrators.
Click this link to see the proposed rule 33-601.722, Visiting Schedule.
This link has other proposed rule changes. | https://www.firstcoastnews.com/article/news/local/woman-tries-to-see-her-incarcerated-brother/77-1fcf5482-f35f-42bd-8e36-765a11572035 | 2022-08-11T00:47:14 | en | 0.975426 |
On the festive occasion of Raksha Bandhan, here are the perfect movies to watch with your siblings.
The sibling bond between a brother-sister or two brothers or two sisters is always special in its own way. As we celebrate the festival of Rakhi, here is the list of films that you can enjoy with your siblings today. Happy Raksha Bandhan! (All images: File photos)
1. Dil Dhadakne Do
Zoya Akhtar's dysfunctional family drama Dil Dhadakne Do portrays the most relatable brother-sister relationship in recent years in Bollywood. Priyanka Chopra as Ayesha and Ranveer Singh as her brother Kabir are always seen supporting each other in the troubled times of the Mehras.
2. Sarbjit
Portrayed by Randeep Hooda, Sarabjit Singh spent 22 years in a Pakistani jail after being caught for alleged terrorism and spying. The Omung Kumar-directed biopic featured Singh's bond with his sister Dalbir Kaur, played by Aishwarya Rai Bachchan, who fought for more than 20 years to get him released from the neighbouring nation.
3. Jaane Tu...Ya Jaane Na
Prateik Babbar and Genelia D'Souza's brother-sister relationship was the highlight of the 2008 coming-of-age romantic comedy Jaane Tu...Ya Jaane Na directed by Abbas Tyrewala. Both the actors portrayed their roles brilliant and perfectly captured the love-hate sibling relationship on the big screen.
4. Kapoor & Sons
In Shakun Batra's dysfunctional family drama, Sidharth Malhotra as Arjun Kapoor and Fawad Khan as Rahul Kapoor were exceptional as the two brothers trying to solve the problems within their family. Not a film with a brother-sister duo, but the most perfect film to watch with your siblings and family.
5. Kabhi Khushi Kabhie Gham
Again not a film depicting a brother-sister relationship, but Shah Rukh Khan and Hrithik Roshan as Rahul Raichand and Rohan Raichand respectively played the most adorable and loving brothers in Karan Johar's family saga Kabhi Khushi Kabhie Gham, which also featured Kajol and Kareena Kapoor as sisters.
6. Hum Saath Saath Hain
Sooraj Barjatya's Hum Saath Saath Hain might be the most over-the-top film in this list but Rakhi cannot be complete if you don't watch this family drama with your siblings at home. Mohnish Behl, Salman Khan, and Saif Ali Khan portrayed the three brothers while Neelam played their sister in this film. | https://www.dnaindia.com/bollywood/photo-gallery-raksha-bandhan-2022-from-dil-dhadakne-do-to-sarbjit-bollywood-movies-celebrating-sibling-relationship-2975640 | 2022-08-11T00:47:14 | en | 0.960265 |
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(WFLA) — The tropics have remained quiet ahead of hurricane season and one of the reasons is Saharan dust plumes moving off the coast of Africa. Those plumes are also helping limit formation chances for the tropical wave being monitored.
“The National Hurricane Center is really limiting this chance of development because that Saharan dust is keeping it at bay — it’s not allowing it to organize,” said meteorologist Amanda Holly, of WFLA in Tampa. “So we’re not worried about that for now.”
The dry dust that originates from the Sahara Desert helps keep the tropics quiet because tropical systems need moisture to form and strengthen. The winds that push the dust across the Atlantic also help limit organization of tropical systems.
Saharan dust plumes are typically seen in May, June and into July. An uptick in tropical activity is usually seen after — as the statistical peak of hurricane season on Sept. 10 approaches.
But this year, Saharan dust is still blowing into August.
“The Saharan dust has been very thick for us for this time of the year. This looks more like a June Saharan dust plume than an August Saharan dust plume,” said WFLA Meteorologist Rebecca Barry.
So is it uncommon to see plumes this late in the season and is it something we should expect every year?
Barry says so much Saharan dust in the Atlantic right now is unusual, but not impossible.
“It’s certainly late in the season compared to our normal patterns,” she said. “I would not expect this to be considered standard moving forward, but more likely an anomaly.” | https://www.news10.com/news/national/saharan-dust-is-it-normal-to-see-plumes-this-late/ | 2022-08-11T00:47:19 | en | 0.969278 |
JACKSONVILLE, Fla. — The Jacksonville University Public Policy Institute will be co-hosting a debate Wednesday at Jacksonville University for the five candidates contending for Sheriff of Jacksonville.
Lakesha Burton, Wayne Clark, Dr. Tony Cummings, Ken Jefferson, and T.K. Waters are expected to participate in the debate.
JU says the debate will take place from 8 to 9 p.m. in Jacksonville University’s Terry Concert Hall, 2800 University Blvd. N. The Institute is partnering with News4Jax (WJXT) to broadcast the event live.
After former sheriff Mike Williams retired in June, vacating the position of Sheriff a year early, the City Council scheduled a special election for Aug. 23.
Of the five candidates that are vying to be Jacksonville's next sheriff, there are four Democrats and a Republican.
Unless one candidate gets more than half of the vote in the August election, there will be a runoff election between the top two vote-getters on November 8.
On Your Side sat down with each candidate - Lakesha Burton, Wayne Clark, Tony Cummings, Ken Jefferson and T.K. Waters. Get to know them and hear why they believe they should be Jacksonville's next sheriff.
RELATED: Jacksonville Sheriff candidate Wayne Clark: 'I think I bring in a breath of fresh air, a wider lens'
RELATED: 'I don't normally talk a lot about it': Jacksonville sheriff candidate T.K. Waters opens up | https://www.firstcoastnews.com/article/news/politics/candidates-for-sheriff-debate-at-jacksonville-university/77-65b9f268-d1a1-4587-9e35-87736c9117be | 2022-08-11T00:47:20 | en | 0.918669 |
‘Ghudhchadi’ actor Raveena Tandon rocks her casual look in Mumbai
Bollywood actor Raveena Tandon was snapped in Mumbai. Looking stylish as ever, she was seen clad in a white top paired with black jacket. The actor completed her overall look with ruffled jeans with white sneakers. She will be next seen with Sanjay Dutt in movie ‘Ghudhchadi’. Raveena also posed for paparazzi. | https://www.dnaindia.com/entertainment/video-ghudhchadi-actor-raveena-tandon-rocks-her-casual-look-in-mumbai-2975682 | 2022-08-11T00:47:21 | en | 0.980316 |
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DALLAS (AP) — Travelers got some welcome news in Wednesday’s inflation report from the government: Airfares are coming down, and at a faster clip.
The price of the average airline ticket dropped 7.8% in July, to $311, after a 1.8% dip in June, the government said Wednesday.
Lower prices for gasoline and travel were big reasons that overall inflation slowed a bit in July, although consumer prices were still up 8.5% from a year ago.
But before celebrating by splurging on a fancy trip, travelers should be aware that July’s average ticket was still 27.7% higher than in July of last year.
Airlines have been able to push fares higher because demand — at least among leisure travelers — is matching or beating pre-pandemic levels at a time when airlines are operating fewer flights. The airlines also cite fuel prices, which have roughly doubled since 2019.
Fares peaked in May, when sales for summer vacations were in full swing.
Prices usually fall in late summer and early autumn as vacations end and kids return to school. The drop is expected to be more dramatic than usual this year, however. That is partly because summer prices were so high, and also the cost of jet fuel has dropped about one-fourth since late April.
Travel-data researcher Hopper expects domestic U.S. fares to average $286 in August and remain at or below $300 until October, when many people book Thanksgiving and Christmas travel, and demand begins to push prices back up.
It’s unclear whether inflation and a possible recession will have any effect on people’s willingness to travel.
Matthew Klein, the chief commercial officer of Spirit Airlines, said Wednesday that bookings remain strong, and any decline in fares will follow the normal seasonal pattern, which he called good news for airline revenue.
Klein said Spirit executives wondered whether demand “would just fall off a cliff after we hit Labor Day and beyond, and we are not seeing that right now. We are continuing to be pretty impressed with the volumes that are coming through.”
That echoed similar recent comments by officials at other carriers. | https://www.news10.com/news/national/travelers-are-getting-a-break-on-flight-prices-but-will-they-keep-going-down/ | 2022-08-11T00:47:25 | en | 0.975309 |
HBO – the home of popular dramas like “Game of Thrones” and critically acclaimed comedies like “Barry” – is owned by Warner Bros. In April, Warner Bros. merged with Discovery, Inc. – which produces lifestyle and reality shows like “Property Brothers” on HGTV and “90 Day Fiancé” on TLC.
In an earnings call in August, executives from the newly formed Warner Bros. Discovery announced they planned to merge the two networks’ streaming services, HBO Max and discovery+.
That announcement prompted rumors about what changes would be made on the new platform, including viral claims that the company was “ditching all the scripted content” on HBO Max in favor of the reality shows on discovery+. But are those fears founded?
THE QUESTION
Is HBO Max abandoning scripted content?
THE SOURCES
- Spokesperson for HBO Max
- Recording of Aug. 4, 2022 Warner Bros. Discovery earnings presentation
THE ANSWER
No, HBO Max is not abandoning scripted content.
WHAT WE FOUND
Executives for Warner Bros. Discovery announced the decision to merge HBO Max with discovery+ during an earnings presentation to investors on Aug. 4, 2022. The call outlined several long-term strategies for the company, including their plan to compete with the likes of Netflix and Disney+ in a crowded streaming market.
“At the end of the day, putting all the content together was really the only option we saw to making this a viable business,” said JB Perrette, the company’s head of streaming.
The executives said they weren’t sure what the new combined service would be called – meaning the “HBO Max” name could die – but the presentation made it clear the plan was for a platform that continues to offer both scripted and unscripted content, not one approach outright replacing the other.
One slide, for instance, described the HBO Max and discovery+ brands as “unique and complementary,” specifically highlighting how HBO Max content is scripted and discovery+ is unscripted, and how that attracts different pools of viewers.
Executives specifically addressed rumors of drastic change to HBO Max’s content on the call.
“There was some buzz today about HBO Max [that] we’re going to start doing less series…Our strategy is to embrace and support and drive the incredible success that HBO Max is having,” said Warner Bros. Discovery CEO David Zaslav. ““HBO Max has never been hotter. Quality is what matters… We’re doubling down on that HBO team. They’re all committed under contract, and we’re going to spend dramatically more this year and next year than we spent last year and the year before.”
Perrette added, “I think it’s important given some of the noise… [to say] that HBO and the Max Originals remain the unequivocal home of the best premium television, and it remains the centerpiece of our combined streaming platform.”
VERIFY also reached out directly to Warner Bros. Discovery, and a spokesperson for HBO Max confirmed that “rumors about scripted content being ended are completely false.” | https://www.firstcoastnews.com/article/news/verify/business-verify/hbo-max-is-not-abandoning-scripted-content-discovery-plus/536-00a5d467-83d3-40a8-b34f-42aa46c8a224 | 2022-08-11T00:47:26 | en | 0.947588 |
What highlights the deep-rooted dynasty politics of Bihar is that RJD supremo Lalu Prasad Yadav has been the chief minister twice while his wife Rabri Devi has been elected as CM thrice. Rabri is currently an MLA from the Legislative Council.
Lalu’s elder son Tej Pratap Yadav was a Cabinet minister in the Nitish Kumar government in 2015 while younger son Tejashwi Yadav became deputy chief minister in Nitish Kumar's government in 2015 and 2022.
Lalu Yadav's elder daughter Misa Bharti is currently an MP in the Rajya Sabha. Earlier, she contested the Lok Sabha elections in 2014 and 2019, but lost. Rabri Devi's brothers Sadhu Yadav and Subhash Yadav are both in politics. Both were also MPs from RJD.
Lalu Yadav named his daughter Misa because Lalu Yadav was in jail when Misa Bharti was born in 1976. Emergency was imposed in the country and Lalu Yadav was imprisoned under the Maintenance of Internal Security Act i.e. MISA.
The movement was started by Jayaprakash Narayan against the then prime minister Indira Gandhi. It was from this movement that Lalu Yadav entered the political arena.
Lalu Yadav has always been talking about socialism. He says that the ideology of Jayaprakash Narayan and Ram Manohar Lohia has influenced him the most and he follows the same. Here you need to know that Jayaprakash Narayan and Ram Manohar Lohia had always opposed the politics of familism. But in Lalu Yadav and his party, familism got the most oxygen.
With Nitish Kumar once again joining hands with the RJD-led Mahagathbandhan, Tejashwi has once again become the deputy chief minister of Bihar. It will be seen in the coming days whether Tej Pratap or Misa Bharti get a portfolio in the new Cabinet. | https://www.dnaindia.com/india/report-dna-special-the-emergency-story-behind-lalu-prasad-yadav-naming-his-daughter-misa-2975625 | 2022-08-11T00:47:27 | en | 0.985039 |
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WASHINGTON (Nexstar) — House Speaker Nancy Pelosi addressed and defended her recent trip to Taiwan, a trip she made with other Democrats. Democrats say China bears the sole responsibility for its negative reaction to the visit.
“We will not allow China to isolate Taiwan,” Pelosi said.
China began easing its military exercises around Taiwan on Wednesday.
“Unfortunately, the People’s Republic of China has engaged in rather provocative measures and live fire exercises,” said Rep. Raja Krishnamoorthi (D-Ill). “If the cost of avoiding these is to cede control of Taiwan to the People’s Republic of China or to cede control of our travel schedules… that is not a price we’re going to pay.”
Despite the decrease in military exercises, China says it will continue seeking what it calls a “peaceful reunification” with Taiwan by any means necessary.
The White House has been careful in its comments regarding Pelosi’s trip.
“It was her right to go,” White House Press Secretary Karine Jean-Pierre said. “Again, it does not change our policy, our One China Policy.”
Administration officials haven’t weighed in on whether that trip hurt U.S-China relations. In contrast, Republicans have been vocal in their support for Speaker Pelosi’s visit.
“Speaker Pelosi was right,” Rep. Roy Moore (Mo.) said. | https://www.news10.com/news/pelosi-defends-trip-to-taiwan/ | 2022-08-11T00:47:31 | en | 0.956834 |
JACKSONVILLE, Fla. — The University of Georgia has optioned to bring recruits to this year's game against the University of Florida, ending a joint agreement between the two schools not to do so, The Athletic reported.
When the Bulldogs size up the Gators this year, recruits may get a chance to test the energy of their biggest rivalry game.
Georgia has set aside tickets for recruits for the Oct. 29 rivalry game, but no one has made an unofficial announcement that recruits will be invited.
Florida would have the option to host recruits in 2023, when the Gators will be the home team.
Florida and Georgia have met in Jacksonville since 1933, except for in 1995 and 1995 when the stadium was being renovated. The contract for the game will run out in 2023 but could be renewed through 2025.
Georgia Coach Kirby Smart has previously said that he thinks having the game in Jacksonville causes a disadvantage for him, as he can't host recruits on home turf during the school's biggest rivalry game. Maybe this change will nudge him toward keeping the game in the River City. | https://www.firstcoastnews.com/article/sports/florida-georgia-recruits-jacksonville-college-football-game-bulldogs-gators/77-36099d7a-f89c-4789-9983-70d0664b7cb0 | 2022-08-11T00:47:32 | en | 0.979546 |
With the JD(U) jumping ship to the Mahagathbandhan, the ruling NDA’s Rajya Sabha is set to get complicated and it will now have to depend more on regional outfits like the BJD and the YSR Congress to get key legislations through in the Upper House of the Parliament.
The JD-U has five members in the Rajya Sabha, including deputy chairman Harivansh whose fate now hangs in the balance as he may have to resign since his party has moved out of the ruling alliance.
However, Harivansh may continue in the post going by precedent set by Somnath Chatterjee who remained the Speaker of Lok Sabha even after he was expelled by the CPI(M) from the party in 2008.
The BJP does not have a majority of its own in Rajya Sabha, where the saffron party has only 91 members. It has the support of a total of 110 MPs, which includes two independents and the AIADMK (four MPs).
In the 245-member house, the BJP would require the support of 123 for a simple majority, for which it would need the support of three more independents and either the BJD or the YSRCP.
The Biju Janata Dal (BJD) and the YSR Congress Party, which have nine MPs each in Rajya Sabha, have extended their support to the ruling party in getting key legislations passed in the recent past.
Among the eight other MPs of regional parties which are allies of NDA are Ramdas Athawale of RPI-A, Hishey Lachungpa of Sikkim Democratic Front, Birendra Prasad Baishya of Asom Gana Parishad (AGP), Anbumani Ramadoss of Pattali Makkal Katchi (PMK) and G K Vasan of Tamil Maanila Congress (Moopanar).
Wanweiroy Kharlukhi of the National People's Party, K Vanlalvena of Mizo National Front and Rwngwra Narzary of United People's Party (Liberal) are also backing the BJP.
Besides, two independent MPs - Ajit Kumar Bhuyan from Assam and Kartikeya Sharma from Haryana - are also with the ruling NDA.
A relief for the NDA is that the first show of strength in the Rajya Sabha will happen only during the Winter Session of the Parliament later this year. The BJP can bridge the gap by filling up three vacancies in the “nominated” category. Nominated members invariably support the government in the House. | https://www.dnaindia.com/india/report-nitish-kumar-s-flip-flop-hits-nda-s-rajya-sabha-tally-know-how-and-to-what-extent-2975615 | 2022-08-11T00:47:33 | en | 0.964628 |
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Independence Day 2022: 1991 economic reforms which changed Indian economy
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Independence Day 2022: How India became a cricket superpower?
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Shrikant Tyagi case: As wife acknowledges husband's mistake, he calls it 'conspiracy' for his 'political murder'
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Independence Day 2022: Indian diaspora, New Delhi's force multiplier
India is celebrating its 75 years of Independence this year. While the nation has taken giant strides over the last 7 decades, the Indian diaspora's role as a catalyst for economic and social development is momentous, and acts as a force-multiplier for securing New Delhi's interests globally. | https://www.dnaindia.com/india/video-independence-day-2022-indian-diaspora-new-delhi-s-force-multiplier-2975684 | 2022-08-11T00:47:51 | en | 0.931877 |
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Independence Day 2022: Origin story of India's defence force
India's Army was stunted after the country gained independence in 1947, as the forces were was divided with Pakistan. Here's the origin story of India's defence force.
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Bandon Mein Tha Dum: The IND vs AUS Test series was fought with blood, brains and brawn, says producer Sudip Tewari
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It’s ‘Ghar Wapsi’ of 2017-2020 mandate: Manoj Jha on Bihar’s political situation
Reacting to the current political turmoil which unfolded in Bihar, RJD leader Manoj Jha termed the turn of events as the ‘Ghar Wapsi’ of 2017-2020 mandate. Speaking to ANI, Manoj Jha said, “It is not only a government that will take oath. It's ‘Ghar Wapasi’ of 2017-2020 mandate. It's very important, especially in an era where BJP has decided to mangle democratic values - that they would only remain in power. Bihar gave a message. It's an oath of people of Bihar.” | https://www.dnaindia.com/india/video-it-s-ghar-wapsi-of-2017-2020-mandate-manoj-jha-on-bihar-s-political-situation-2975677 | 2022-08-11T00:48:10 | en | 0.949621 |
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Puducherry: Congress, DMK MLAs arrive at Assembly in black clothes protesting against LG
Congress and DMK MLAs on August 10 arrived at Puducherry Legislative Assembly Hall wearing black clothes, in protest against Lt Governor Tamilisai Soundararajan. They soon walked out of the Assembly, where the Budget Session commenced on August 10. | https://www.dnaindia.com/india/video-puducherry-congress-dmk-mlas-arrive-at-assembly-in-black-clothes-protesting-against-lg-2975680 | 2022-08-11T00:48:23 | en | 0.937991 |
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Tejashwi Yadav will play major role in running the new formation: Prashant Kishor
Poll Strategist Prashant Kishor on August 10 reacting on the developments in Bihar said that Tejashwi Yadav will play a major role in running the new formation. Speaking to ANI, Prashant Kishor said, “People of Bihar will expect that this new formation (JD (U) and RJD) lasts, and its priorities should be in sync with people's aspirations. What needs to be seen is whether or not the new government will function better than the previous government.” “Tejashwi Yadav is the leader of the single largest party in Bihar, and probably he will play a major role in running this new formation. The people will be able to see how he functions in this new government.” | https://www.dnaindia.com/india/video-tejashwi-yadav-will-play-major-role-in-running-the-new-formation-prashant-kishor-2975678 | 2022-08-11T00:48:29 | en | 0.952166 |
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UP: Anganwadi workers hold a ‘Tiranga March’ in Aligarh
Anganwadi workers held a ‘Tiranga March’ in Aligarh of Uttar Pradesh on August 10. It was organised under the ‘Azadi Ka Amrit Mahotsav’. This rally was flagged off by District Magistrate Indra Vikram Singh. It was started from the Collectorate of Aligarh and reached the Ghantaghar. | https://www.dnaindia.com/india/video-up-anganwadi-workers-hold-a-tiranga-march-in-aligarh-2975679 | 2022-08-11T00:48:35 | en | 0.95945 |
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There has been confusion about the date, time and subh muhurat of Rakshabandan 2022 as Shravan Purnima is taking place on August 11, Thursday. Also, Bhadra too is taking place on August 11 (Thursday) which is considered inauspicious.
However, as per the government calendar, Raksha Bandhan 2022 is on August 11.
What is Bhadra Kaal?
According to religious beliefs, auspicious works are not done in Bhadra Kaal. This is the reason that even Rakhi is not tied in Bhadrakal.
Here's the correct date and time for Raksha Bandhan 2022.
Raksha Bandhan 2022: Date, time and shubh muhurat
Purnima Tithi begins - August 11, 2022 (Thursday) - 10:38 am
Purnima Tithi ends - August 12, 2022 (Friday) - 07:05 am
Bhadra time – August 11, 2022 (Thursday) - 10:38 am
Bhadra ends – August 11, 2022 (Thursday) - 08:51 pm
Auspicious time – August 11, 2022 (Thursday) - 08:51 pm to 09:12 pm
However, according to Hinduism, no auspicious work should be done after sunset. Rakhi cannot be tied to brothers in Bhadrakal or at night because of this.
Shubh Muhurat for Rakhi on August 12 are as follows
Abhijeet Muhurat - August 12, 2022 (Friday) 11:59 am to 12:52 pm
Shubh Choghadiya - August 12, 2022 (Friday) 12:52 pm to 02:05 pm
Astrologers say Rakhi can be tied at any time on August 12 as Purnima Tithi falls on this day. So, August 12 can be used to celebrate the event. On August 11, anyone who wishes to tie a rakhi can do so, but after Bhadra time.
READ | Raksha Bandhan 2022: Whatsapp messages and quotes to share with loved ones | https://www.dnaindia.com/lifestyle/report-raksha-bandhan-kab-hai-2022-august-11-or-12-know-the-right-date-and-time-here-bhadra-kaal-subh-muhurat-2975624 | 2022-08-11T00:48:48 | en | 0.946573 |
The long weekend of Raksha Bandhan is a chance for many people to make travel plans. While some people like to travel in big groups, some also prefer solo trips. While the internet offers a lot of information with a click of a button, ensuring safety remains a concern.
Here is a list of five ways to ensure women's safety while travelling alone:
1. Book hotel in advance
The presence of the internet has made it easy to understand the environment of any place for accommodation. It is advisable that women who are travelling alone book a hotel in advance after going through the online reviews. This will also save a lot of time and energy from hopping into different hotels.
2. Start with nearby places
If you are planning a solo trip for the first time, it is better to start with nearby places and then once you are accustomed to how to plan the whole trip then go for a far trip.
3. Make sure the driver does not have any friends
While travelling in a cab, it is very important to make sure that the cab driver does not pick up any friends on the way.
4. Keep map on
When you are travelling alone to an unknown place, putting the map on helps a lot. This way you are aware if the driver is taking any other route.
5. Plan sightseeing during day time
While sightseeing at night is thrilling, it's also equally risky, hence it is better to plan sightseeing during the day when people are around.
Read: Raksha Bandhan 2022: Must-have safety tools for women to use against criminals | https://www.dnaindia.com/lifestyle/report-raksha-bandhan-women-traveller-safety-of-solo-women-traveller-solo-trips-women-solo-trips-solo-tip-for-gi-2975621 | 2022-08-11T00:48:54 | en | 0.961672 |
Adding to the 'Azadi Ka Amrit Mahotsav' celebrations marking the 75th year of India’s Independence, the national space agency, Indian Space Research Organisation (ISRO), has launched an innovative platform to showcase various Indian space missions and their nuances in an interactive manner through a virtual space museum called 'SPARK'.
The space museum was launched for the public by ISRO Chairman S Somanath on Wednesday. It will show documents, images and videos of various space missions.
"The platform hosts several documents, images and videos related to ISRO launch vehicles, satellites and scientific missions," ISRO said in a statement.
As India celebrates #AzaadiKaAmritMahotsav, ISRO unveiled the Virtual Space Museum “SPARK”,
showcasing interactive digital content pertaining to various missions. Chairman, ISRO/ Secretary, DoS launched it today. Beta-version: https://t.co/thomkz5d3Zhttps://t.co/wSkuwhwxKP pic.twitter.com/F7gUpJI104 — ISRO (@isro) August 10, 2022
Appreciating the innovative and informative platform, Somanath and Directors of various ISRO centres suggested more "non-sensitive" digital content for the platform to be use by different stakeholders.
"The beta version of the application can be accessed through ISRO website or at https:pacepark.Isro.Gov.In," the statement added.
READ | Why ISRO’s maiden SSLV mission failed despite successful launch of new rocket`
(WIth inputs from agencies) | https://www.dnaindia.com/science/report-new-virtual-space-museum-spark-launched-by-isro-all-you-need-to-know-independence-day-azadi-ka-amrit-mahotsav-2975627 | 2022-08-11T00:49:00 | en | 0.881874 |
Treasury Secretary Janet Yellen on Wednesday directed the Internal Revenue Service not to use any of the new funding allocated in the Democrats’ new health care and climate bill to increase the number of audits of Americans making less than $400,000 a year, according to a copy of the letter obtained exclusively by CNN.
The letter to IRS Commissioner Charles Rettig comes amid attacks from Republicans that the $80 billion the Inflation Reduction Act would give to the IRS over the next 10 years would result in more middle-class Americans and small businesses getting audited. The Biden administration has repeatedly said the IRS would focus on increased enforcement activity on high-wealth taxpayers and large corporations and not target households who earn less than $400,000 a year.
“Specifically, I direct that any additional resources—including any new personnel or auditors that are hired—shall not be used to increase the share of small business or households below the $400,000 threshold that are audited relative to historical levels,” Yellen wrote in the letter to Rettig. “This means that, contrary to the misinformation from opponents of this legislation, small business or households earning $400,000 per year or less will not see an increase in the chances that they are audited.”
Enforcement resources, Yellen said, will instead “focus on high-end noncompliance.”
The new IRS funding is projected to raise $124 billion in additional tax revenue over the next 10 years, which is a key way Democrats plan to offset the cost of their plan to lower prescription drug costs and combat climate change.
The Democrat-controlled House of Representatives still needs to approve the legislation, which passed the Senate on Sunday after months of painstaking negotiations. Because of their narrow 50-seat majority in the Senate, Democrats used a special, filibuster-proof process to approve the $750 billion health care, tax and climate bill without Republican votes.
Rettig, who was appointed by former President Donald Trump to lead the IRS, told lawmakers last week that low- and middle-income taxpayers would not be the focus of increased enforcement action. He said better technology and customer service would also make it less likely that compliant taxpayers would be audited.
The bill itself says the new funding is not “intended to increase taxes on any taxpayer or small business with a taxable income below $400,000.”
But Republicans continue to fiercely oppose the new IRS funding and make claims about increased audits on middle-class Americans.
The Republican National Committee and several Republican lawmakers, including House Minority Leader Kevin McCarthy and Sen. Ted Cruz of Texas, claim the new funding will create 87,000 new IRS agents. But that number is misleading. Treasury did estimate in 2021 that a nearly $80 billion investment in the IRS could allow the agency to hire 86,852 full-time employees over the course of a decade. But that figure accounts for all workers, not solely enforcement agents. Rettig also told lawmakers that the IRS would need to hire 52,000 people over the next six years just to maintain current staffing level to replace those who retire or otherwise leave.
CNN’s Katie Lobosco contributed to this report. | https://www.cnn.com/2022/08/10/politics/yellen-new-irs-funding-audits/index.html | 2022-08-11T00:50:32 | en | 0.958059 |
Seven murder convictions tied to a former Chicago detective were vacated Tuesday after the Cook County State’s Attorney’s Office declined to oppose petitions by defense attorneys alleging investigatory misconduct by the disgraced officer.
The cases are the latest tied to former detective Reynaldo Guevara’s alleged police misconduct that ranged from coercive interrogation tactics to hiding evidence, according to State’s Attorney Kim Foxx.
Two people were expected to be released Tuesday while five others had already been released from prison, Foxx’s office said in a release. An eighth person whose case the prosecutor has dropped remained in custody “pending further court hearings,” according to the release.
“We are not taking a position on innocence. What we are saying is that we cannot stand by these convictions based on the serious allegations of misconduct and findings of credibility against Detective (Reynaldo) Guevara,” Foxx said at a news conference Tuesday.
The eight people each served decades in prison. The convictions were handed down for homicides that occurred between 1989 and 1996, Foxx told reporters.
Guevara also has been accused of intimidating witnesses and falsifying evidence in multiple cases dating back more than 30 years. An Illinois Appellate Court opinion in one case said, “Guevara has a history of influencing witnesses,” while another called Guevara “a malignant blight on the Chicago Police Department and the judicial system.”
CNN reached out to attorneys for Guevara for comment Wednesday.
The state’s attorney said her office hasn’t charged Guevara and there are statute-of-limitations concerns.
One of the five people who had already been released was Nelson Gonzalez. According to CNN affiliate WBBM, he spent 21 years in prison.
“I’m here today to, first of all, thank God,” Gonzalez said at the Leighton Criminal Courthouse, where his conviction was dismissed Tuesday. “This was a conspiracy created by Mr. Guevara and other agents.”
Before Tuesday, 24 other cases had been dismissed in recent years because of Guevara’s involvement, the state’s attorney said. Three others could be resolved within a few weeks, she said.
The Exoneration Project, which has represented four of the seven people exonerated Tuesday, tweeted that more than 30 people connected to Guevara investigations have had their convictions overturned after wrongly serving a combined total of more than 500 years in prison.
Foxx also said she understood the frustration and pain of the families of the murder victims.
“It is why it is incumbent on us to remind people that we got to this place because we had a corrupt … detective who chose to engage in this type of behavior. And his harm is not just to those who may have been in prison for crimes that they didn’t commit, but to families who are looking for justice for the loss of their loved ones.”
Her office cannot retry the defendants involved because of the questionable work of Guevara, she said. “It does not mean that there can’t be additional investigations to see if in fact someone else committed these crimes,” Foxx added.
According to Foxx, Guevara retired in 2005 and draws a pension. In 2013, the city hired an investigator to look into his cases and the two-year probe found problems, Foxx said.
Foxx became state’s attorney in 2016 and her office began its investigation in 2019.
CNN’s Andy Rose contributed to this report. | https://www.cnn.com/2022/08/10/us/chicago-murder-cases-dropped-disgraced-detective/index.html | 2022-08-11T00:50:38 | en | 0.980951 |
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Forto and Hapag-Lloyd Partner to Deliver Biofuel Alternative for Customers
Forto Delivers First Customer Booking as Hapag-Lloyd Opens Biofuel Option to Partners
BERLIN, Aug. 10, 2022 /PRNewswire/ -- Through a new partnership with Hapag-Lloyd, a leading global liner shipping company, Forto has launched a biofuel program for ocean shipping customers who seek to reduce their transport emissions. Customers booking full container load (FCL) sea freight shipments with Forto can now add the use of advanced biofuel to their bookings, effectively reducing 100% of their transport's greenhouse gas emissions. As Hapag-Lloyd has extended their biofuel strategy to work with selected key partners, Forto has delivered the first customer in Hapag-Lloyd's biofuel program.
Shipping goods with second and third generation biofuel options through Forto and Hapag-Lloyd is designed to make it easy for customers to reduce scope 3 emissions and achieve emission reduction goals. Forto supports customers throughout the process. When selecting a biofuel option, customers receive data-based visibility over the impact of biofuel on sea freight-related greenhouse gas emissions and certificates issued by a third-party monitored process.
Michael Wax, CEO and Co-Founder of Forto:
"Making the shift away from the logistics industry's reliance on fossil fuels is an essential step towards a greener future. We see it as our responsibility to continue to deliver transparent and credible solutions that can help our customers navigate this journey as they strive to reduce their environmental impact," comments Wax. "Hapag-Lloyd has made a decisive investment in a commercially available biofuel product and their sustainability strategy is amongst the boldest steps towards the reduction of greenhouse gas emissions in the industry."
Mirja Nibbe, Managing Director Area Germany and Central Europe for Hapag-Lloyd:
"The biofuel offer for our customers plays an important role as a first step on our journey towards being net-zero. It is through close collaboration between Hapag-Lloyd and our customers to jointly tackle the challenges ahead of us. Thus, we are very happy to work together with Forto on this important topic." says Nibbe.
In November 2021, Hapag-Lloyd announced its new sustainability strategy with the target to be net zero carbon by 2045. As part of Hapag-Lloyd's commitment to decarbonisation and reduction of greenhouse gas emissions, the company has announced plans to reduce CO2e intensity (EEOI) of its entire fleet by 30% by 2030 as compared with 2019.
The new Forto biofuel initiative is the next step in the company's strategy to drive transformation towards sustainable supply chains, with the ultimate goal of helping customers make the sustainable transport option their default choice. Forto's range of sustainability solutions starts by providing customers with emissions visibility and information that empowers them to make impactful data-based decisions. In addition to the biofuel program, Forto offers CO₂e emission offsets for all modes of transport, and German-based Rail Pre- and On-Carriage intermodal volumes are transported using trains powered by renewable energy. The commitment to sustainable transport offerings is reinforced with the company's own investments on top of those of the customers. Forto teams are trained to work together strategically with partners, customers and other stakeholders to explore sustainability options and find solutions that fit their needs.
About Hapag-Lloyd
With a fleet of 248 modern container ships and a total transport capacity of 1.8 million TEU, Hapag-Lloyd is one of the world's leading liner shipping companies. The Company has around 14,000 employees and 418 offices in 137 countries. Hapag-Lloyd has a container capacity of approximately 3.0 million TEU – including one of the largest and most modern fleets of reefer containers. A total of 123 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents. Hapag-Lloyd is one of the leading operators in the Transatlantic, Middle East, Latin America and Intra-America trades.
About Forto
Forto advances the vision to deliver a highly transparent, frictionless, and sustainable digital supply chain. Forto platform technologies address the entire process stream, from offer, booking, document administration, tracking and tracing to pro-active exemption processing and analysis, supporting our customers with greater visibility, insight, and control. Leading manufacturers and e-commerce brands are among the 2.500 customers using Forto's digitally focused offerings as part of their supply chain delivery. Headquartered in Berlin, Germany, the company currently has more than 800 employees with 18 locations across Europe and Asia including offices in Berlin, Copenhagen, Hamburg, Ho Chi Minh City, Madrid, Rotterdam, Singapore, Hong Kong, and Shanghai.
For more information, visit www.forto.com.
Contact:Paula Fujimoto
Mobile: +49 176 45729799
Email: [email protected]
Logo - https://mma.prnewswire.com/media/1533091/Forto_Logo.jpg
SOURCE Forto Logistics GmbH & Co. KG | https://www.prnewswire.com/nl/persberichten/forto-and-hapag-lloyd-partner-to-deliver-biofuel-alternative-for-customers-864857826.html | 2022-08-11T00:51:59 | en | 0.937409 |
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SESAMI BECOMES THE GLOBAL LEADER IN CASH OPTIMIZATION SOFTWARE SOLUTIONS WITH ACQUISITION OF FINTECH PLANFOCUS
Planfocus' AI based cash optimization software significantly deepens Sesami software solutions offering and expands existing global client portfolio
AMSTERDAM, Aug. 9, 2022 /PRNewswire/ -- Sesami Cash Management Technologies ("Sesami"), a global cash ecosystem integrator and technology company, is pleased to announce its acquisition of Planfocus software GmbH ("planfocus"), a leading global fintech offering a highly advanced cash optimization technology.
"With this acquisition, Sesami becomes the global leader in cash optimization solutions, with an unrivalled technology stack now up-scaled with the addition of planfocus' cutting-edge cash optimization software," said Steph Gonthier, Chief Executive Officer of Sesami. "Integrated to our enterprise cash ecosystem software platform, planfocus' AI based technology and strong team will further enable Sesami to deliver the only true end-to-end tech-enabled cash ecosystem solution to financial institutions and consumer businesses," he added.
Founded in 2004 and based in Munich, Germany, planfocus' leading cash optimization software solutions help reduce logistics spending and cash holding costs, while improving availabilities and service levels for clients. Its technology empowers financial institutions and consumer businesses worldwide in driving up process optimization and bringing tangible cost and service efficiencies throughout their cash ecosystem.
"We are extremely proud to be joining forces with Sesami, a state-of-the-art innovator and disruptive global leader, to offer a true end-to-end and fully integrated cash software solution enabling financial institutions and consumer businesses to seamlessly manage and outsource their entire cash ecosystem. As part of Sesami, we will now be able to truly scale our next generation technology and bring our unmatched cash optimization solutions to a broader global client base," said Dr. Joachim Walser, CEO and Co-Founder of planfocus.
The integration of planfocus further expands Sesami's global client portfolio to include some the world's leading financial institutions and consumer businesses. The integration to its existing technology stack will also expand its cash optimization offering for its existing client base. Currently, planfocus optimizes the operations of over 78,000 bank branches, ATMs and cash processing centers, and driving over 300 billion Euros in physical cash shipments every year.
ABOUT SESAMI
Sesami, an independent entity of Garda World Security Corporation, is the only true end-to-end global cash ecosystem platform, offering software, intelligent devices and managed services that help financial institutions and consumer businesses optimize their cash ecosystem performance through a single custody solution provider. For more information visit www.sesami.io
Media Contact: Maxime-E. Illick, PELICAN PR, [email protected], (514) 845-8763
SOURCE Sesami | https://www.prnewswire.com/nl/persberichten/sesami-becomes-the-global-leader-in-cash-optimization-software-solutions-with-acquisition-of-fintech-planfocus-896774764.html | 2022-08-11T00:52:05 | en | 0.903669 |
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- AUD/NZD is auctioning a marked territory as investors await Australian Consumer Inflation Expectations.
- Aussie Inflation Expectations are likely to remain higher due to the unavailability of a downside signal.
- The RBNZ has already raised its OCR to 2.5% to combat price pressures.
The AUD/NZD pair is displaying back and forth moves below the critical hurdle of 1.0600 in the early Asian session. The cross is juggling in a range of 1.0384-1.0642 as investors are awaiting the release of the Australian Consumer Inflation Expectations data.
The University of Melbourne will dictate the Consumer Inflation Expectations, which presents the consumer expectations of future inflation during the next 12 months. Earlier, the inflation data landed at 6.3%. This time, an upside surprise is expected as price pressures are soaring vigorously in the Australian economy. Earlier, the aussie inflation landed at 6.1% for the second quarter of CY2022, higher than the prior release of 5.1%. The inflation figure of 6.1% is the highest recorded since 1990, which indicates that the price pressures are not likely to find a sigh of relief.
This will keep the Reserve Bank of Australia (RBA) on its toes as policy tightening measures are critical to combat the ramping inflation. It is worth noting that the RBA has already elevated its Official Cash Rate (OCR) to 1.85% after three consecutive 50 basis points (bps) interest rate hike announcements.
On the NZ front, price pressures are soaring in the NZ economy and have not displayed a meaningful exhaustion sign yet. As per the June print, an inflation rate of 7.3% is sufficient to create headwinds for the households. To contain the inflation mess, Reserve Bank of New Zealand (RBNZ) Adrian Orr is continuously elevating its interest rates, which are now moved to 2.5%, the highest since March 2016.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
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EUR/USD defends US inflation-inspired gains near 1.0300 at one-month high
EUR/USD flirts with the 1.0300 threshold, after posting the biggest daily gains to refresh five-week high, as traders reassess the risk profile during early Thursday morning in Europe. The reduction in the US inflation numbers propelled hopes that Fed could ease on its rate hike trajectory.
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- EUR/GBP has slipped lower after facing selling pressure around 0.8440.
- An unchanged German HICP at 8.5% has weakened the shared currency bulls.
- The US GDP is expected to remain vulnerable ahead.
The EUR/GBP pair has faced hurdles around the critical resistance of 0.8440 in the early Tokyo session. Earlier, the cross displayed a pullback move after a sheer downside to near 0.8420. The asset plunged on Wednesday after declining below the critical support of 0.8440 as the German Harmonized Index of Consumer Prices (HICP) remained unchanged at 8.5%. Also, the German inflation landed in line with the estimates.
It is worth noting that the US economy also reported the inflation rate, which tumbled sharply due to weak oil prices. The impact of weak oil prices should also be reflected in German inflation too. This indicates that the ongoing energy crisis in Germany after Russia blocked the major pipeline of gas to Europe shrugged off the impact of lower oil prices.
And, the market participants dumped the shared currency bulls. Well, the multiplier effects of the same will be faced by the European Central Bank (ECB) and their job of containing the inflation mess will get trickier.
On the UK front, the market participants are expecting a shrink in Gross Domestic Product (GDP) in the second quarter by 0.2% against the expansion of 0.3%. Also, the UK economy is expected to shrink by 1.3% against the expansion of 0.5% on a monthly basis. Adding to that, the estimate for annual GDP is 2.8%, significantly lower than the prior print of 8.7%.
Adding to that, an underperformance is also expected on the Manufacturing production front. The annual data is likely to slip lower to 1.3% vs. the prior release of 2.3%. Whereas, Industrial Production could display an uptick to 1.6% from 1.4% annually.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
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AUD/USD: China, Fedspeak probe bulls near 0.7100, Aussie inflation expectations eyed
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EUR/USD defends US inflation-inspired gains near 1.0300 at one-month high
EUR/USD flirts with the 1.0300 threshold, after posting the biggest daily gains to refresh five-week high, as traders reassess the risk profile during early Thursday morning in Europe. The reduction in the US inflation numbers propelled hopes that Fed could ease on its rate hike trajectory.
Gold eases below $1,804 hurdle as Fed hawks retreat on softer US inflation
Gold price fades US inflation-led gains as the metal retreats to $1,790 during the initial Tokyo session on Thursday. The precious metal’s latest weakness could be linked to the mixed concerns surrounding the Fed's next moves and the Sino-American tension.
Avalanche price makes a turn for the better
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- EUR/JPY remains pressured towards short-term key SMA after declining the most in more than a week.
- Downside break of the one-week-old support line keeps sellers hopeful.
- 200-SMA, descending trend line from late June adds to the upside filters.
EUR/JPY holds lower ground near 136.80, after renewing the multi-day low on the break of the weekly support line. However, the 50-SMA challenges the pair sellers during Thursday’s initial Asian session.
Even so, downbeat RSI (14), not oversold, joins the bearish MACD signals to favor EUR/JPY bears.
Hence, the EUR/JPY prices are likely to break the immediate support, namely the 200-SMA level of 136.45, which in turn could direct the quote towards two-week-old horizontal support near 135.70.
Should the pair remains bearish past 135.70, the monthly low near 133.40 will be in focus.
On the flip side, a convergence of the previous support line and the 200-SMA appears a tough nut to crack for the EUR/JPY bulls, around 139.05 at the latest.
Even if the quote rises past 139.05, a downward sloping resistance line from late June, near 139.40-45, will precede the 140.00 threshold to challenge the EUR/JPY pair’s further upside.
Overall, EUR/JPY remains on the bear’s radar while targeting the monthly low as nearby support.
EUR/JPY: Four-hour chart
Trend: Further weakness expected
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
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AUD/USD: China, Fedspeak probe bulls near 0.7100, Aussie inflation expectations eyed
AUD/USD treads water around 0.7080, after rallying to the fresh two-month high, as the recent Fedspeak and headlines surrounding the China tariffs seemed to have poked the bulls. The Aussie pair traders remain cautious ahead of the monthly Consumer Inflation Expectations from Australia.
EUR/USD defends US inflation-inspired gains near 1.0300 at one-month high
EUR/USD flirts with the 1.0300 threshold, after posting the biggest daily gains to refresh five-week high, as traders reassess the risk profile during early Thursday morning in Europe. The reduction in the US inflation numbers propelled hopes that Fed could ease on its rate hike trajectory.
Gold eases below $1,804 hurdle as Fed hawks retreat on softer US inflation
Gold price fades US inflation-led gains as the metal retreats to $1,790 during the initial Tokyo session on Thursday. The precious metal’s latest weakness could be linked to the mixed concerns surrounding the Fed's next moves and the Sino-American tension.
Avalanche price makes a turn for the better
Avalanche price shows classic ramping pattern accompanied with price ascension. AVAX price has breached the oversold level on the Relative Strength Index. If the technicals are correct, a breach of the $50 barrier could happen rapidly.
FXStreet Premium users exceed expectations
Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today! | https://www.fxstreet.com/news/eur-jpy-price-analysis-sellers-attack-50-sma-below-13700-202208102358 | 2022-08-11T00:53:31 | en | 0.936244 |
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Coheed and Cambria’s frontman, Claudio Sanchez, surprisingly is not the kind of person to embrace being personable with others. In an interview with the Washington Post, Sanchez dove deep into how he has been using Twitch as a way to embrace being a little more open with fans of his band. It is a really interesting example of a star in a completely different industry using something like Twitch as practice for their main career.
Amidst the interview though, Sanchez did drop one really interesting tidbit about his game of choice, Fortnite. Sanchez has seen other stars of music, such as Ariana Grande, get virtual Twitch concerts and while he’s not demanding that Epic Games put his band into Fortnite, he thinks Coheed and Cambria could put on a pretty unique show.
“I don’t know if we’re at that place where ‘Fortnite’ would be like, ‘Yeah, let’s throw a Coheed and Cambria concert,’” said Sanchez. “That being said, I think we do have all the assets to create something pretty interesting with ‘The Amory Wars,’ the ‘Vaxis’ story, characters, music. There’s something there I think we have that others might not.”
While Fortnite has never publicly considered Coheed and Cambria, that is something they may want to reconsider because they have a hardcore fanbase that would absolutely turn out for a virtual concert. It would also be an opportunity for Epic Games to break out into doing something a little different with their in-game concerts. So far they’ve mainly focused on showing huge megastars like Grande, but maybe with a little variety, we could have a chance at an entire music festival being hosted in-game.
As for Sanchez, anyone interested in catching him on Twitch needs to do it while he’s actually live. He doesn’t keep VODs or upload his streams to YouTube so it really is one of those “had to be there” moments whenever he does something. | https://uproxx.com/edge/coheed-and-cambria-fortnite-stream/ | 2022-08-11T00:53:33 | en | 0.973819 |
- Gold price remains sidelined around one-month high, traders flirt with previous resistance.
- Fedspeak, US-China chatters join 61.8% Fibonacci retracement level to challenge XAU/USD bulls.
- Risk catalysts will be important, US PPI, Jobless Claims can entertain traders.
Gold price (XAU/USD) fades US inflation-led gains as the metal retreats to $1,790 during the initial Tokyo session on Thursday. The precious metal’s latest weakness could be linked to the mixed concerns surrounding the US Federal Reserve’s (Fed) next moves and the Sino-American tension.
On Wednesday, the US Consumer Price Index (CPI), declined to 8.5% on YoY in July versus 8.7% expected and 9.1% prior. Following the US inflation release, US President Joe Biden said on Wednesday that they are seeing some signs that inflation may be moderating, as reported by Reuters. "We could face additional headwinds in the months ahead," Biden added. "We still have work to do but we're on track," adds US President Biden.
“After Wednesday's CPI report, traders of futures tied to the Fed's benchmark interest rate pared bets on a third straight 75-basis-point hike at its Sept. 20-21 policy meeting, and now see a half-point increase as the more likely option,” said Reuters following the data.
On the contrary, Minneapolis Fed President Neel Kashkari recently mentioned, “The Fed is ‘far, far away from declaring victory’ on inflation.” The policymaker also added that he hasn't "seen anything that changes" the need to raise the Fed's policy rate to 3.9% by year-end and to 4.4% by the end of 2023. Elsewhere, Chicago Fed President Charles Evans stated, “The economy is almost surely a little more fragile, but would take something adverse to trigger a recession.” Fed’s Evans also called inflation "unacceptably" high.
Additionally, Reuters relied on sources to mention that the saying US President Biden rethinks steps on China tariffs in wake of Taiwan response, which in turn challenged the XAU/USD bulls.
Against this backdrop, S&P 500 Futures print mild gains near 4,220 by the press time after Wall Street rallied and the US Treasury yields remained mostly unchanged the previous day.
Moving on, the weekly readings of the US Jobless Claims and the monthly Producer Price Index (PPI) for July could entertain the gold traders. However, major attention should be given to the qualitative factors in the wake of recent risk-negative headlines.
Technical analysis
Gold price remains pressured towards the previous resistance line from mid-June, after failing to cross the 61.8% Fibonacci retracement of the June-July downturn.
However, higher-low on the XAU/USD prices gain support from the same pattern of the RSI (14), which in turn portrays the bullish divergence and keeps the metal buyers hopeful.
It’s worth noting that, the commodity’s downside break of the resistance-turned-support, near $1,788, isn’t a call to the gold sellers as a three-week-old ascending support line and the 50-SMA, respectively near $1,783 and $1,777, could challenge the quote’s further weakness.
Alternatively, recovery moves need validation from the 61.8% Fibonacci retracement level surrounding $1,804.
Following that, a run-up towards the mid-June swing high near $1,858 can’t be ruled out.
Gold: Four-hour chart
Trend: Further upside expected
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
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AUD/USD: China, Fedspeak probe bulls near 0.7100, Aussie inflation expectations eyed
AUD/USD treads water around 0.7080, after rallying to the fresh two-month high, as the recent Fedspeak and headlines surrounding the China tariffs seemed to have poked the bulls. The Aussie pair traders remain cautious ahead of the monthly Consumer Inflation Expectations from Australia.
EUR/USD defends US inflation-inspired gains near 1.0300 at one-month high
EUR/USD flirts with the 1.0300 threshold, after posting the biggest daily gains to refresh five-week high, as traders reassess the risk profile during early Thursday morning in Europe. The reduction in the US inflation numbers propelled hopes that Fed could ease on its rate hike trajectory.
Gold eases below $1,804 hurdle as Fed hawks retreat on softer US inflation
Gold price fades US inflation-led gains as the metal retreats to $1,790 during the initial Tokyo session on Thursday. The precious metal’s latest weakness could be linked to the mixed concerns surrounding the Fed's next moves and the Sino-American tension.
Avalanche price makes a turn for the better
Avalanche price shows classic ramping pattern accompanied with price ascension. AVAX price has breached the oversold level on the Relative Strength Index. If the technicals are correct, a breach of the $50 barrier could happen rapidly.
FXStreet Premium users exceed expectations
Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today! | https://www.fxstreet.com/news/gold-price-forecast-xau-usd-bulls-eye-1-804-hurdle-as-fed-hawks-retreat-on-softer-us-inflation-202208110028 | 2022-08-11T00:53:37 | en | 0.942885 |
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It is always fun to see one of your favorite bands perform live, and even better when they bring out a guest who breathes new life into certain records. This month, those who attended The National’s shows in Calgary and Alberta were treated to an appearance by Bartees Strange, who added his own flavor to “Mistaken For Strangers.”
✌🏾Last night in Missoula, So beautiful. So gorgeous to play on a mountain and to meet so many kindpeople. Will not forget! We hit again with @TheNational in Ogden Utah. My third time in Utah in the last year 😵💫Here’s Us singing mistaken for strangers again! 🤘🏾♥️ pic.twitter.com/U859h7Qryy
— STRANGE (@Bartees_Strange) August 9, 2022
Strange, who is booked for four of The National’s North American shows, tweeted his excitement about it Tuesday along with video of the performance. The 33-year old said “Last night in Missoula, So beautiful. So gorgeous to play on a mountain and to meet so many kindpeople. Will not forget! We hit again with @TheNational in Ogden Utah. My third time in Utah in the last year Here’s Us singing mistaken for strangers again!” with a variety of emojis scattered through the caption.
The National echoed the excitement in an Instagram post earlier this week, writing, “Our first time in Calgary, definitely not the last. Special thanks to @bartees_strange for playing a better version of Lemonworld than ours and joining us on Mistaken For Strangers.”
This is a special moment for Strange, as his 2020 EP Say Goodbye To Pretty Boy featured five covers of The National’s songs, including “Lemonworld,” “Mr. November,” and “All The Wine.”
Check out a clip of Bartees Strange and The National singing “Mistaken For Strangers” above. | https://uproxx.com/indie/bartees-strange-the-national-mistaken-for-strangers/ | 2022-08-11T00:53:39 | en | 0.941889 |
- NZD/USD bears could be about to move in.
- The 0.6350s is vulnerable to a restest in the coming sessions.
NZD/USD is stacking up for a downside correction with 0.6350 eyed as a potential support area that could be met should the bulls continue to throw in the towel following Wednesday's surge related to the US CPI data.
NZD/USD daily chart
The price is stalling on the bid and a downside correction could be on the cards for the days ahead.
NZD/USD H1 chart
The price needs to get below the volumes seen around 0.6380/90 and in doing so, it will be moving in on the 38.2% Fibonacci retracement level. If this were to give, then there will be prospects of a 50% mean revision of the hourly bullish impulse. Below there, 61.8% and 78.6% will come into focus that guards a run to the neckline of the daily chart's W pattern around 0.6280/6315.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
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AUD/USD: China, Fedspeak probe bulls near 0.7100, Aussie inflation expectations eyed
AUD/USD treads water around 0.7080, after rallying to the fresh two-month high, as the recent Fedspeak and headlines surrounding the China tariffs seemed to have poked the bulls. The Aussie pair traders remain cautious ahead of the monthly Consumer Inflation Expectations from Australia.
EUR/USD defends US inflation-inspired gains near 1.0300 at one-month high
EUR/USD flirts with the 1.0300 threshold, after posting the biggest daily gains to refresh five-week high, as traders reassess the risk profile during early Thursday morning in Europe. The reduction in the US inflation numbers propelled hopes that Fed could ease on its rate hike trajectory.
Gold eases below $1,804 hurdle as Fed hawks retreat on softer US inflation
Gold price fades US inflation-led gains as the metal retreats to $1,790 during the initial Tokyo session on Thursday. The precious metal’s latest weakness could be linked to the mixed concerns surrounding the Fed's next moves and the Sino-American tension.
Avalanche price makes a turn for the better
Avalanche price shows classic ramping pattern accompanied with price ascension. AVAX price has breached the oversold level on the Relative Strength Index. If the technicals are correct, a breach of the $50 barrier could happen rapidly.
FXStreet Premium users exceed expectations
Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today! | https://www.fxstreet.com/news/nzd-usd-price-analysis-bears-moving-in-for-the-low-hanging-fruit-202208110022 | 2022-08-11T00:53:44 | en | 0.942526 |
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Earlier this year, Bright Eyes shared reissues of their older albums, namely A Collection Of Songs Written And Recorded 1995-1997: A Companion, Letting Off The Happiness: A Companion, and Fevers And Mirrors: A Companion. However, they put a special twist on it: They loaded up each companion EP with five newly recorded versions of songs from the original albums, in addition to covers from artists of whom they are fond. Today, the band announced their second wave of companion EPs, which will release on November 11 via Dead Oceans.
Listeners will be treated to Lifted Or The Story Is In The Soil, Keep Your Ear To The Ground: A Companion, I’m Wide Awake, It’s Morning: A Companion, and Digital Ash In A Digital Urn: A Companion. These three projects will also feature contributions from Gillian Welch, Dave Rawlings, Becky Stark and Maria Taylor, as wella s covers of “November” by Azure Ray, “Fare Thee Well, Miss Carousel” by Townes Van Zandt, and “Agenda Suicide” by The Faint.
To jumpstart the lead-up to their November releases, Bright Eyes shared three new tracks Wednesday: “You Will. You? Will. You? Will. You? Will.,” “Old Soul Song (For The New World Order),” and “Gold Mine Gutted.” For a band that has been around as long as them, it’s clear that Conor Oberst, Mike Mogis, and Nathaniel Walcott are still very committed to connecting with their fans through old songs and a new approach, especially ahead of their upcoming tour.
Check out “You Will. You? Will. You? Will. You? Will.” above.
The three companion EPs will be out 11/11 via Dead Oceans. Pre-order them here. | https://uproxx.com/indie/bright-eyes-second-wave-companion-releases/ | 2022-08-11T00:53:45 | en | 0.948 |
GBP/USD rebounds from 1.2200 on improved risk appetite, UK GDP in focus
The GBP/USD pair has sensed buying interest after correcting to near the critical support of 1.2200. The asset is aiming to recapture its six-week high at 1.2293 as investors’ risk appetite has improved dramatically after a significant decline in the US inflation rate.
GBP/USD: Pound remains vulnerable, could break under 1.20 again
Despite the broad-based slide of the US dollar on Wednesday following the US CPI, analysts at Rabobank still see the GBP/USD vulnerable to the downside and warn it could drop back again under 1.20 on a one to three-month view.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
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AUD/USD: China, Fedspeak probe bulls near 0.7100, Aussie inflation expectations eyed
AUD/USD treads water around 0.7080, after rallying to the fresh two-month high, as the recent Fedspeak and headlines surrounding the China tariffs seemed to have poked the bulls. The Aussie pair traders remain cautious ahead of the monthly Consumer Inflation Expectations from Australia.
EUR/USD defends US inflation-inspired gains near 1.0300 at one-month high
EUR/USD flirts with the 1.0300 threshold, after posting the biggest daily gains to refresh five-week high, as traders reassess the risk profile during early Thursday morning in Europe. The reduction in the US inflation numbers propelled hopes that Fed could ease on its rate hike trajectory.
Gold eases below $1,804 hurdle as Fed hawks retreat on softer US inflation
Gold price fades US inflation-led gains as the metal retreats to $1,790 during the initial Tokyo session on Thursday. The precious metal’s latest weakness could be linked to the mixed concerns surrounding the Fed's next moves and the Sino-American tension.
Avalanche price makes a turn for the better
Avalanche price shows classic ramping pattern accompanied with price ascension. AVAX price has breached the oversold level on the Relative Strength Index. If the technicals are correct, a breach of the $50 barrier could happen rapidly.
FXStreet Premium users exceed expectations
Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today! | https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-gbp-usd-remains-vulnerable-202208110043 | 2022-08-11T00:53:50 | en | 0.940718 |
You need to enable JavaScript to run this app. | https://sportspyder.com/cf/pittsburgh-panthers-football/articles/40355986 | 2022-08-11T00:53:51 | en | 0.738227 |
Broken Bells, the indie rock duo made up of Danger Mouse and James Mercer, shared two pieces of good news Wednesday. First, they dropped their new video for the track “Saturdays.” Then they announced that their forthcoming album, Into The Blue, will be available October 7 via AWAL after almost four years of teasing their comeback.
“Saturdays” is an ethereal visual experience backed by enchanting guitars, heart-pounding drum patterns, and zesty vocals. The video features an old filter reminiscent of televisions with antennas as a space shuttle takes off into space. “It’s a gift or maybe it’s a curse / Don’t know which is worse to define,” Mercer sings as the video transitions between footage of the shuttle’s liftoff, a person working in a control room, and an empty laboratory with a TV screen showing a cartoon-like version of Mercer’s face.
Into The Blue will mark Broken Bells’s first release since 2014’s After The Disco. In the interim, they shared loose singles “Shelter” in 2018 and “Good Luck” in 2019. Earlier this year, they kicked off the road to Into The Blue with the lead single “We’re Not In Orbit Yet…”, which lends some context to the space themes found in the “Saturdays” video.
Check out the “Saturdays” video above.
Into The Blue is out 10/7 via AWAL. Pre-order it here. | https://uproxx.com/indie/broken-bells-saturdays-video-into-the-blue-this-fall/ | 2022-08-11T00:53:51 | en | 0.942704 |
- Downside momentum is indicating that the DXY will re-visit its six-week low at 104.64.
- The odds of a Fed rate hike will remain steady while the hawkish guidance will trim abruptly.
- A meaningful decline in the US CPI has underpinned risk-sensitive assets.
The US dollar index (DXY) witnessed an intense sell-off on Wednesday after a downward shift in the US Consumer Price Index (CPI). The DXY fell like a house of cards as a significant slowdown in the price pressures trimmed the odds of a bumper rate hike by the Federal Reserve (Fed) in its September monetary policy meeting. A downside break of the consolidation formed in a 106.00-106.80 range dragged the asset towards 104.64. A pullback move has been observed, however, the downside will remain intact.
Plain-Vanilla CPI skids 60 bps
The plain-vanilla US inflation landed at 8.5%, lower than the expectations and the prior release of 8.7% and 9.1% on an annual basis. A decent drop in the inflation rate on an annual basis led by a serious fall in oil prices in July has displayed a meaningful exhaustion signal to the market participants. No doubt, more rate hikes will be announced by the Federal Reserve (Fed), however, the long-term hawkish guidance will witness a serious dent.
Risk-on market mood to remain for a while
After a series of policy tightening measures by the Fed through raising interest rates and concluding the bond-purchase program, a sigh of relief is taken by Fed policymakers. A month with upbeat employment data and a significant drop in the price pressures is what investors were eyeing for the past few months to push liquidity into the risk-perceives assets. Going forward, the risk-on impulse will remain active for a tad longer period.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
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AUD/USD: China, Fedspeak probe bulls near 0.7100, Aussie inflation expectations eyed
AUD/USD treads water around 0.7080, after rallying to the fresh two-month high, as the recent Fedspeak and headlines surrounding the China tariffs seemed to have poked the bulls. The Aussie pair traders remain cautious ahead of the monthly Consumer Inflation Expectations from Australia.
EUR/USD defends US inflation-inspired gains near 1.0300 at one-month high
EUR/USD flirts with the 1.0300 threshold, after posting the biggest daily gains to refresh five-week high, as traders reassess the risk profile during early Thursday morning in Europe. The reduction in the US inflation numbers propelled hopes that Fed could ease on its rate hike trajectory.
Gold eases below $1,804 hurdle as Fed hawks retreat on softer US inflation
Gold price fades US inflation-led gains as the metal retreats to $1,790 during the initial Tokyo session on Thursday. The precious metal’s latest weakness could be linked to the mixed concerns surrounding the Fed's next moves and the Sino-American tension.
Avalanche price makes a turn for the better
Avalanche price shows classic ramping pattern accompanied with price ascension. AVAX price has breached the oversold level on the Relative Strength Index. If the technicals are correct, a breach of the $50 barrier could happen rapidly.
FXStreet Premium users exceed expectations
Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today! | https://www.fxstreet.com/news/us-dollar-index-aims-to-recapture-10460-as-odds-of-feds-hawkish-guidance-trim-202208110010 | 2022-08-11T00:53:56 | en | 0.943856 |
You need to enable JavaScript to run this app. | https://sportspyder.com/cf/pittsburgh-panthers-football/articles/40356814 | 2022-08-11T00:53:57 | en | 0.738227 |
Attempts by Friends alumni to find worthwhile TV follow-ups haven’t always gone smoothly. But while Matt LeBlanc will always have Episodes, Lisa Kudrow will always have The Comeback, her instant cringe classic about a washed-up sitcom star desperately, bleakly angling for another hit. There are only two seasons of the show, made nine years apart, the last in 2014. Alas, when asked if she’s ready to drop a third season when the next nine-year mark hits next year, she was the bearer of bad news.
“I don’t think we’re gonna make it! Not make it ever, but I don’t think we’re gonna make it in nine years,” Kudrow told The Daily Beast, referring to her and co-creator Michael Patrick King. “We also don’t know if HBO wants it, by the way. But we haven’t asked. We’re both sort of like, ‘I’m not gonna ask, are you?’ ‘No, I don’t want to hear ‘no.’ It’s something we love so much. That’s why it took nine years the first time!”
Kudrow does say she and King “always talk about what it would be,” adding, “I love being her. My God, that’s one of the easiest things to do.”
The Comeback is a satirical mockumentary purporting to be found footage of Kudrow’s Valerie Cherish, who achieved fame on a late ‘80s/early ‘90s sitcom called I’m It!, as she repeatedly attempts to return to the public eye. In real life, she happily refrains from returning to network television, and openly speculates that a version of Friends today would definitely not be all-white. In the meantime, perhaps someone at HBO should pay attention to what one of their stars is telling the press — even if they have their own problems right now.
(Via The Daily Beast) | https://uproxx.com/tv/lisa-kudrow-the-comeback-third-season-afraid-to-ask-hbo/ | 2022-08-11T00:53:57 | en | 0.956277 |
US inflation expectations, as per the 10-year breakeven inflation rate per the St. Louis Federal Reserve (FRED) data, dropped to the lowest levels in two weeks after the US Bureau of Labor Statistics released downbeat figures of the US Consumer Price Index (CPI) for July on Wednesday.
That said, the inflation precursor dropped to 2.43% by the end of Wednesday’s North American session.
Following the US inflation release, US President Joe Biden said on Wednesday that they are seeing some signs that inflation may be moderating, as reported by Reuters. "We could face additional headwinds in the months ahead," Biden added. "We still have work to do but we're on track," adds US President Biden.
“After Wednesday's CPI report, traders of futures tied to the Fed's benchmark interest rate pared bets on a third straight 75-basis-point hike at its Sept. 20-21 policy meeting, and now see a half-point increase as the more likely option,” said Reuters.
However, Minneapolis Fed President Neel Kashkari mentioned, “The Fed is ‘far, far away from declaring victory’ on inflation. The policymaker also added that he hasn't ‘seen anything that changes’ the need to raise the Fed's policy rate to 3.9% by year-end and to 4.4% by the end of 2023. Elsewhere, Chicago Fed President Charles Evans mentioned, “The economy is almost surely a little more fragile, but would take something adverse to trigger a recession.” Fed’s Evans also called inflation "unacceptably" high.
FX implications
Markets remain cautiously optimistic following the latest reduction in the US CPI, as well as the slump in inflation expectations. That said, S&P 500 Futures print mild gains near 4,120 by the press time.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
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- USD/CAD bulls have started to move in for the kill.
- A phase of accumulation could be playing out in the lower time frames.
USD/CAD has stalled in the sell-off which gives rise to the prospects of a bullish continuation. The following illustrates this from a daily, hourly and the 15-minute time frame perspective.
USD/CAD daily chart
The daily chart's M-formation is compelling as this is a reversion pattern that could see the price pulled back into the neckline of the 'M' in the coming sessions. the optimal entry point will be dependent on the forthcoming price action and dependent on a lower time frame break of structure.
USD/CAD H1 chart
The hourly chart shows that the price has made a recent corrective high. The bulls will want to see this cleared before thinking about engaging as it will signal a higher probability that the sell-off is indeed decelerating.
USD/CAD M15 chart
From a 15-min perspective, the price action could develop over the coming sessions as follows. In a fast market, the price would be expected to correct steeply, but in a long drawn-out process in which there is a lack of commitment from the bulls, the ride could be a bumpy one along the support area as illustrated above. This would potentially result in an even lower low yet to come before the bulls fully commit to the correction in a phase of accumulation.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
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AUD/USD: China, Fedspeak probe bulls near 0.7100, Aussie inflation expectations eyed
AUD/USD treads water around 0.7080, after rallying to the fresh two-month high, as the recent Fedspeak and headlines surrounding the China tariffs seemed to have poked the bulls. The Aussie pair traders remain cautious ahead of the monthly Consumer Inflation Expectations from Australia.
EUR/USD defends US inflation-inspired gains near 1.0300 at one-month high
EUR/USD flirts with the 1.0300 threshold, after posting the biggest daily gains to refresh five-week high, as traders reassess the risk profile during early Thursday morning in Europe. The reduction in the US inflation numbers propelled hopes that Fed could ease on its rate hike trajectory.
Gold eases below $1,804 hurdle as Fed hawks retreat on softer US inflation
Gold price fades US inflation-led gains as the metal retreats to $1,790 during the initial Tokyo session on Thursday. The precious metal’s latest weakness could be linked to the mixed concerns surrounding the Fed's next moves and the Sino-American tension.
Avalanche price makes a turn for the better
Avalanche price shows classic ramping pattern accompanied with price ascension. AVAX price has breached the oversold level on the Relative Strength Index. If the technicals are correct, a breach of the $50 barrier could happen rapidly.
FXStreet Premium users exceed expectations
Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today! | https://www.fxstreet.com/news/usd-cad-price-analysis-bulls-could-be-about-to-clean-up-202208102337 | 2022-08-11T00:54:08 | en | 0.944156 |
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- WTI crude oil struggles to keep the US inflation-linked bullish bias.
- Resumption of Russian oil pipeline flows after a six-day halt challenges US CPI-led advances.
- EIA inventory build, Fedspeak and challenges to risk profile also exert downside pressure on the oil prices.
- Monthly demand forecasts from OPEC and IEA will be important for immediate direction.
WTI crude oil prices struggle to keep US inflation-led gains during Thursday’s Asian session, staying mostly idle around $90.85 after stepping back from $91.79. That said, challenges to risk profile join a cautious mood ahead of monthly demand forecasts from the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA).
The black gold cheered the US dollar’s slump the previous day to post over 1.0% gains amid receding hawkish Fed bets. The latest comments from Fed policymakers and the US-China tariff story challenged the bulls afterwards. Additionally, headlines suggesting Russian oil pipeline flows resumed after Hungarian firm settled transit bill joined downbeat weekly official inventory data from the US Energy Information Administration (EIA) to exert downside pressure on the energy benchmark.
“Russian oil pipeline flows resumed to Central Europe on Wednesday, ending a six-day halt, after Hungarian group MOL paid transit fees owed to Ukraine, providing a temporary solution to the latest disruption of Russian energy supplies,” said Reuters. On the other hand, the
EIA Crude Oil Stocks Change rose to 5.458M for the week ended on August 05 versus 0.073M forecasts and 4.467M prior.
US Dollar Index (DXY) dropped to the fresh low since June 30 after the US Consumer Price Index (CPI) declined to 8.5% on YoY in July versus 8.7% expected and 9.1% prior. “After Wednesday's CPI report, traders of futures tied to the Fed's benchmark interest rate pared bets on a third straight 75-basis-point hike at its Sept. 20-21 policy meeting, and now see a half-point increase as the more likely option,” said Reuters following the data.
It’s worth noting that US President Joe Biden also mentioned that they are seeing some signs that inflation may be moderating, as reported by Reuters. "We could face additional headwinds in the months ahead," Biden added. "We still have work to do but we're on track," said US President Biden.
Furthermore, Minneapolis Fed President Neel Kashkari mentioned, “The Fed is ‘far, far away from declaring victory’ on inflation. The policymaker added that he hasn't ‘seen anything that changes’ the need to raise the Fed's policy rate to 3.9% by year-end and to 4.4% by the end of 2023. Elsewhere, Chicago Fed President Charles Evans mentioned, “The economy is almost surely a little more fragile, but would take something adverse to trigger a recession.” Fed’s Evans also called inflation "unacceptably" high.
Also challenging the oil buyers was Reuters news saying US President Biden rethinks steps on China tariffs in the wake of Taiwan response, per sources.
The OPEC and IEA demand projections will be important after the EIA raised its 2022 oil consumption forecasts to 99.43 million bpd. OPEC left the 2022 world oil demand growth forecast unchanged at 3.36 million bpd in its latest projections while EIA warned that global natural gas demand growth is likely to contract slightly in 2022 and will continue its sluggish trend over the next three years.
Technical analysis
Despite the latest rebound, WTI crude oil prices remain below the 200-DMA hurdle surrounding $94.40, which joins sluggish RSI and MACD to keep sellers hopeful of revisiting the six-month low marked in the last week, around $86.40.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended content
Editors’ Picks
AUD/USD: China, Fedspeak probe bulls near 0.7100, Aussie inflation expectations eyed
AUD/USD treads water around 0.7080, after rallying to the fresh two-month high, as the recent Fedspeak and headlines surrounding the China tariffs seemed to have poked the bulls. The Aussie pair traders remain cautious ahead of the monthly Consumer Inflation Expectations from Australia.
EUR/USD defends US inflation-inspired gains near 1.0300 at one-month high
EUR/USD flirts with the 1.0300 threshold, after posting the biggest daily gains to refresh five-week high, as traders reassess the risk profile during early Thursday morning in Europe. The reduction in the US inflation numbers propelled hopes that Fed could ease on its rate hike trajectory.
Gold eases below $1,804 hurdle as Fed hawks retreat on softer US inflation
Gold price fades US inflation-led gains as the metal retreats to $1,790 during the initial Tokyo session on Thursday. The precious metal’s latest weakness could be linked to the mixed concerns surrounding the Fed's next moves and the Sino-American tension.
Avalanche price makes a turn for the better
Avalanche price shows classic ramping pattern accompanied with price ascension. AVAX price has breached the oversold level on the Relative Strength Index. If the technicals are correct, a breach of the $50 barrier could happen rapidly.
FXStreet Premium users exceed expectations
Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today! | https://www.fxstreet.com/news/wti-fades-us-inflation-led-rally-below-9100-focus-on-opec-iea-demand-forecasts-202208102340 | 2022-08-11T00:54:14 | en | 0.941968 |
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