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Financial Diary: Global Stocks, European Politics, and Central Bank Meetings
Health

Financial Diary: Global Stocks, European Politics, and Central Bank Meetings

by Chief editor of world-today-news.com November 23, 2023
written by Chief editor of world-today-news.com

Financial Diary – Santiago

Global stocks were approaching their best month on Thursday since Covid vaccine advances in late 2020, while Europe digested another far-right electoral shake-up and oil fell after Opec+ postponed its weekend meeting.

Traders made their moves before the expected reduction in volumes due to the celebration andt was Thanksgiving Thursday in the United States, but there was plenty to occupy them while they did it.

Slightly better-than-expected inflation data from Germany and France boosted the euro and German bond yields, while the Swedish krona fell after its central bank left interest rates on hold. and the shares of Dutch banks fell after the electoral victory of the far-right populist Geert Wilders, contrary to the European Union.

Germany’s PMI surpassed expectations, but “it was not enough to say that we have turned the corner in the economy”said Robert Alster of Close Brothers Asset Management, adding that activity had still contracted.

“The Netherlands is a real surprise as a victory for the right, but I suspect the market will wait to see what happens in terms of a coalition,” he added.

Operators will be waiting from the minutes of the last meeting of the European Central Bank. In Asia, the focus was on China, where there were more signs of support for the property market.

MSCI’s broadest index of Asia-Pacific shares excluding Japan closed stable on a slow day also due to a Japanese holiday, although Chinese real estate valuess CSI000952 rose 3% after it was learned that Country Garden, with a large debt, will be on the list of developers who would receive aid.

Wall Street’s benchmark S&P 500 .SPX nears new high for 2023and accumulates a rise of more than 8% this month alone, like the MSCI measure of global stocks that achieves its best result since November 2020, when the markets received a strong boost thanks to the hopes placed in the vaccine against the covid.

2023-11-23 12:47:30
#Global #stock #markets #verge #recording #month #advances #covid #vaccine

November 23, 2023 0 comments
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British police question actor Russell Brand over sexual assault allegations
Entertainment

British police question actor Russell Brand over sexual assault allegations

by Chief editor of world-today-news.com November 19, 2023
written by Chief editor of world-today-news.com

Actor and comedian Russell Brand was questioned by London Metropolitan Police detectives over allegations of sexual crimes committed in the past, the Times reported on Sunday.

British police said in September that they had launched an investigation into a series of allegations of non-recent sexual offences. following information that appeared in the media according to which several Women had accused Brand of a series of sexual assaults.

Earlier that month, the Sunday Times newspaper and Channel 4 TV’s documentary program “Dispatches” reported that Four women had accused Brand, 48, of sexual crimes, including rape, between 2006 and 2013.

Brand has rejected what he described as “very serious allegations”stating on his social media channels that he has never had non-consensual sexual relations.

Representatives for Brand did not immediately respond to a request for comment on Sunday’s report.

“A man in his 40s attended a south London police station on Thursday 16 November 2023.“, the Metropolitan Police said in a statement, declining to confirm whether it was Brand.

“He was interviewed on bail by detectives in relation to three non-recent sexual offences. Investigations continue,” the police added.

2023-11-19 20:28:49
#British #police #question #actor #Russell #Brand #sexual #assault #allegations

November 19, 2023 0 comments
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The Kardashians: From Reality TV Stars to Billionaire Entrepreneurs
Entertainment

The Kardashians: From Reality TV Stars to Billionaire Entrepreneurs

by Chief editor of world-today-news.com November 7, 2023
written by Chief editor of world-today-news.com

When the reality show ‘Keeping up with the Kardashians’ premiered in 2007, its protagonists, An upper-middle class family from Los Angeles, California, never imagined the springboard that the show would become so that now, in addition to being celebrities, they have more than 25 businesses to their portfolio as entrepreneurs.

The Kardashian-Jenner women, who were only recognized because around 2007 an intimate video of Kim Kardashian was leaked, who was also in the press for being Paris Hilton’s assistant, They became the true King Midas, because every product they launch turns into gold.

Each sister has at least four brands, ranging from fashion to makeup to liquor, vitamin supplements for vaginal health and venture capital firms, which They have an approximate net worth of US$2,735 million, including a couple of businesses owned by Kris Jenner, the ‘momager’, as the mother of socialites is known..

It is worth starting with the sister who has the greatest assets, since with a cut-off to 2023, according to Forbes Magazine, Kim Kardashian He has a net worth of US$1.7 billion, which is reflected in his long list of businesses, such as: Kardashian Kollection, women’s clothing; The Kids Supply, children’s clothing; Skims, underwear; KKW Beauty, cosmetics; Skky Partners, a venture capital firm, and Skkn, a skin care brand.

Next in heritage is the youngest of all, Kylie Jenner, who at 26 years old is known as one of the youngest millionaires in the world, after having brands such as: Kylie Cosmetics, makeup; Kylie Skin, skin care; Kendall+Kylie, women’s clothing; and Kylie Baby, baby care products, which, added to advertising campaigns, consolidate a net worth of US$680 million.

LR Chart

Then this Kourtney Kasrdashian, the eldest of the sisters, who has consolidated a net worth of US$65 million after immersing herself in vitamin products with brands such as Purr, vaginal vitamins; Lemme, supplements and vitamins; Poosh, a digital healthy living platform, and the reality show “Kourtney and Khloé Take The Hamptons,” which she had with her sister.

It is precisely Khloé Kasrdashian who follows on the list with US$60 million of assets and businesses focused on fashion with brands such as: Good America, jeans; DASH, a fashion boutiqueKhroma Beauty, makeup, and Body Revenge, a reality show that became famous because she worked to lose weight.

Finally there is Kendall Jenner, with a net worth equal to Khloé’s (US$60 million), but with different businesses, such as liquor. One of the youngest in the family has brands such as: 818, a tequila; Kendall Jenner, makeup; Rebels: City of Indra, a novel she launched with her sister Kylie, and Metal Haven by Kendall & Kylie, also in collaboration with her sister.

However, One of the main people responsible for moving the right pieces of her family is Kris Jenner, the mother of the five sisters, who is the manager of all of them and is known as ‘momager’ and also has brands such as Safely, a home cleaning product, and has a net worth of US$170 million.

It should be remembered that other family members such as Kardashian join these businesses. Kloset, where they sell luxury clothing used by them and the reality show ‘The Kardashians Hulu’ that emerged after the end of ‘Keeping Up with the Kardashians’.

In fact, All businesses have had such a reach that they can be ordered online all the way to Colombia.with a locker, or even, makeup brands like Kylie’s can be ordered through Mercado Libre through independent distributors who are responsible for bringing the products from the US.

The success of the family is such that Kim Kardashian has a case study at Harvard and was invited to participate in a class there.

2023-11-07 09:26:15
#Businesses #KardashianJenner #family #place #assets #US2735 #million

November 7, 2023 0 comments
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Peru’s Largest Lender, Credicorp, Braces for Soaring Non-Performing Loans as Riots and Bad Weather Hit Economy
Business

Peru’s Largest Lender, Credicorp, Braces for Soaring Non-Performing Loans as Riots and Bad Weather Hit Economy

by Chief editor of world-today-news.com November 4, 2023
written by Chief editor of world-today-news.com

Peru’s largest lender, Credicorp Ltdis bracing for non-performing loans to skyrocket, a sign that the country’s recession initially sparked by the Riots and bad weather are spreading to the broader economy.

“Peru’s economic performance is significantly weaker than expected,” the company said in a statement alongside quarterly results, pointing to bad weather caused by El Niño as a key risk that will extend into early 2024. The bank said the new estimates “reflect significant additional provisions for expected needs.”

Credicorp said provisions (the amount of loans the bank does not expect to pay) had increased 85% compared to a year ago. and they were at historic highs if it weren’t for the pandemic. The company said it was seeing customers default on loans “due to a recessionary environment impacted by high inflation, low domestic demand and high interest rates” and “climate and social anomalies.”

Credicorp shares fell more than 5% in early morning trading after publishing results.

The negative outlook for Peru’s economy is significant coming from Credicorp, which is the largest publicly traded company in the country. It represents just the latest sign that Peru is no longer the best economic performer in Latin America as it used to be, after boasting some of the region’s fastest growth rates this century.. But years of political instability have eroded its potential, and civil unrest and flooding finally pushed the economy into recession this year.

The government led by President Dina Boluarte recently acknowledged the recession, but has struggled to revive the economy as private investment declines. The government is increasing public spending but has so far failed to boost business confidence or attract significant new investment to its important mining industry.

Others Financial institutions are also sounding the alarm on the risk of El Niño next year.

Scotiabank said it was unlikely that The central bank will reduce inflation to its target range of between 1% and 3% next year due to bad weather. Inflation currently stands at 4.34%.

2023-11-04 02:42:24
#Perus #largest #bank #recession #extends #nonperforming #loans

November 4, 2023 0 comments
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Lawyer, Artist, and Businessman Abelardo De La Espriella Unveils Latest Thriller ‘Murderous Souls’ at International Book Fair in Madrid
Business

Lawyer, Artist, and Businessman Abelardo De La Espriella Unveils Latest Thriller ‘Murderous Souls’ at International Book Fair in Madrid

by Chief editor of world-today-news.com November 1, 2023
written by Chief editor of world-today-news.com

At the beginning of October, the launch of the fifth book by the lawyer, artist and businessman was made official, Abelardo De La Espriella, at an event held within the framework of the International Book Fair, Liber, in Madrid, Spain.

This copy called “Murderous Souls” joins works that became best sellers of the lawyer as “Amores Criminales”.

De la Espriella expresses in the book that his interest in literature began since his childhood. in the Colombian Caribbean, and also highlights that, as an author, “his creativity unfolds without restrictions.”

With this new fiction release, the lawyer promises that readers, “will immerse themselves in an intriguing journey.”which takes place in 10 cities in different countries, including one in Colombia.

These cities mentioned in the text are Rio de Janeiro, Buenos Aires, Istanbul, Berlin, Madrid, Los Angeles, BarranquillaNew York, Rome, and Mexico City.

Something that stands out with this book is that it is accompanied by a song composed by La Espriella, and with this, ‘Almas Asesinas’ It becomes the author’s first book with a soundtrack, which is available on all music platforms such as Spotify, Apple Music, Deezeramong other.

“Each of its pages not only manages to keep the reader in suspense, but also contains interesting historical, geographical and artistic references.“, he assured From La Espriella in book promotion.

Since last October 6, the copy has been available in the Panamericana and Nacional bookstores and in the virtual store www.delaespriellastyle.com. In addition, internationally it is possible to purchase it on the Amazon platform.

2023-11-01 05:09:26
#Murderous #Souls #work #lawyer #Abelardo #Espriella

November 1, 2023 0 comments
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Sinovac Abandons Vaccine Plant in Chile for Colombia: Market Size and Specific Vaccine Considerations
Health

Sinovac Abandons Vaccine Plant in Chile for Colombia: Market Size and Specific Vaccine Considerations

by Chief editor of world-today-news.com October 21, 2023
written by Chief editor of world-today-news.com

The Chinese pharmaceutical firm Sinovac gave up continuing the deployment of its million-dollar project to install a research and development center and vaccine plant in Chile to take it to Colombia. This was reported by the Minister of Science, Technology, Knowledge and Innovation, Aisén Etcheverry, on Radio Cooperativa.

The plant, which considered an investment of US$100 million to produce up to 50 million coronavirus vaccineshepatitis and influenza, among others, was going to be located in the Antofagasta region according to what was reported by the company in 2021. The original plan was for it to be in operation in the middle of last year.

However, the plan was not fulfilled. YesAs the Minister of Science explained to Radio Cooperativa, the company’s decision would be motivated by the “market size.” and don’t worry about permissions.

“In particular, it is a plant that was designed for a certain type of vaccine. Simply put, not all types of vaccines can be made in the same plant, but they are specific for one type of vaccine and that particular technology had certain market characteristics that Sinovac did not find necessarily attractive from Chile and we know that there were conversations with Colombia,” the minister explained to Cooperativa.

As reported by Diario Financiero and DF MAS, the construction of the Chinese company project considered disbursing US$100 million. Even at the beginning of January 2022, the firm already had a hired workforce who were preparing the deployment..

2023-10-21 21:13:40
#Sinovac #decides #invest #US100 #million #plant #Chile #opts #Colombia

October 21, 2023 0 comments
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