US Secretary of State Antony Blinken said following a meeting with NATO Secretary General Mark Rutte that the allies would continue helping Ukraine to prepare the country for the continuation of the conflict with Russia in 2025. The North Atlantic Alliance should adjust itself to "changes in Ukraine's needs" and the situation on the battlefield. The US Secretary of State made such statements amid reports about North Korean troops fighting Ukrainian forces on the front lines. Blinken also called on the allies to "respond harshly". NATO Secretary General Mark Rutte, who supports the idea of the ongoing conflict in Ukraine, calls for the continuation of the "bloody massacre," Maria Zakharova, an official representative for the Russian Foreign Ministry said, RIA Novosti reports.

The University of Kentucky Sanders-Brown Center on Aging Director Linda Van Eldik, Ph.D., hopes to shed light on how specific brain cells may contribute to the progression of Alzheimer's disease, paving the way for potential new therapeutic approaches.Van Eldik recently received a three-year, $300,000 award from the BrightFocus Foundation to support her research project, "Relationship between astrocyte p38 MAPK, neuroinflammation, and Alzheimer pathology.

A rendering of he new stadium and complex to be built near the Forum in Inglewood was released by the Hollywood Park Land Company, Kroenke Group and Stockbridge Capital Group earlier this month.; Credit: Courtesy Hollywood Park Land Company

A measure that would allow an 80,000-seat NFL-caliber stadium to be built in Inglewood could be on that city’s ballot by this summer after developers submitted almost three times as many signatures than needed for a voter initiative.

“22,216 signatures were submitted to the city clerk today,” said Gerard McCallum, project manager with the Hollywood Park Land Company. “It was unbelievable. The response was more than we could have ever anticipated.”

Normally, before construction can begin on any project there has to be an environmental review, but that can take a long time and time is something in short supply for St. Louis Rams Owner Stan Kroenke and his plan to move the team to L.A.

“We would be going through another three year project process, and the current construction wouldn’t allow that,” said McCallum, referring to the redevelopment of 238 acres of the old Hollywood Park site that was permitted in 2009.

“If we were going to make any modifications, it would have to be approved this year,” said McCallum.

To speed things up, developers decided to bring the stadium project directly to Inglewood voters, which required 8,000 signatures.

Once the signatures are verified, Inglewood’s City Council will consider the measure, then developers hope a special election would take place before the start of the next NFL season.

McCallum says construction would begin whether the Rams or any other team decides to move here, though on Monday Kroenke made another move suggesting a return of the NFL to Los Angeles could be closer than it has been at any point during the last two decades, though not until after the 2015 season. From The St Louis Post-Dispatch:

Rams management sent a letter to regional officials on Monday afternoon. The letter said the team was converting its 30-year lease to an “annual tenancy,” effective April 1 and, “in the absence of intervening events,” extending through March 31, 2016.

The notice, which has long been expected, does two things:

• It allows owner Stan Kroenke to pull the team out of St. Louis as soon as 2016, because the Rams lease will now expire at the end of every season. The original lease was to expire in 2025.
• It also legally binds the Rams to play at the Edward Jones Dome next fall — a point on which many here were uncertain.

This content is from Southern California Public Radio. View the original story at SCPR.org.

Wide receiver Wes Welker #83 of the Denver Broncos tries to avoid the tackle of free safety Earl Thomas #29 of the Seattle Seahawks during Super Bowl XLVIII at MetLife Stadium in this file photo taken February 2, 2014 in East Rutherford, New Jersey. Under a new drug policy agreed to by the NFL and the players union, Welker and two other suspended players will be allowed to return to the field.; Credit: Jeff Gross/Getty Images

The NFL said Wednesday that its new performance-enhancing drug policy will allow the Broncos' Wes Welker and two other suspended players to return to the field this week.

The deal with the players association also adds human growth hormone testing, ending several years of wrangling between the league and the union.

Welker, Dallas Cowboys defensive back Orlando Scandrick and St. Louis Rams wide receiver Stedman Bailey had been suspended for four games.

Under the new rules, players who test positive for banned stimulants in the offseason will no longer be suspended. Instead, they will be referred to the substance abuse program.

The league and union are also nearing an agreement on changes to the substance abuse policy. That could reduce Cleveland Browns receiver Josh Gordon's season-long ban.

Testing for HGH was originally agreed upon in 2011, but the players had balked at the science in the testing and the appeals process for positive tests. Under the new deal, appeals of positive tests in the PED program will be heard by third-party arbitrators jointly selected by the NFL and union. Appeals will be processed more expeditiously under altered procedures

Testing should begin by the end of the month.

The new rules also change the length of suspensions. Previously, all first-time violations of the performance-enhancing drug policy resulted in at least a four-game suspension.

Now, use of a diuretic or masking agent will result in a two-game suspension. The punishment for steroids, in-season use of stimulants, HGH or other banned substances is four games. Evidence of an attempt to manipulate a test is a six-game suspension.

A second violation will result in a 10-game ban, up from a minimum of eight games. A third violation is at least a two-year suspension. Before, the ban was at least a year.

NFL Commissioner Roger Goodell talks during a press conference at the Hilton Hotel on Sept. 19, 2014 in New York City. Goodell spoke about the NFL's failure to address domestic violence, sexual assault and drug abuse in the league.; Credit: Elsa/Getty Images

Update 1:04 p.m. Goodell: 'Same mistakes can never be repeated'

Commissioner Roger Goodell says the NFL wants to implement new personal conduct policies by the Super Bowl. At a news conference Friday, Goodell made his first public statements in more than a week about the rash of NFL players involved in domestic violence. He did not announce any specific changes, but said he has not considered resigning.

"Unfortunately, over the past several weeks, we have seen all too much of the NFL doing wrong," he said. "That starts with me."

The league has faced increasing criticism that it has not acted quickly or emphatically enough concerning the domestic abuse cases.

The commissioner reiterated that he botched the handling of the Ray Rice case.

"The same mistakes can never be repeated," he said.

Goodell now oversees all personal conduct cases, deciding guilt and penalties.

He said he believes he has the support of the NFL's owners, his bosses.

"That has been clear to me," he said.

The Indianapolis Colts' Darius Butler was among those who tweeted criticism of the press conference:

Colts tweet 1

Colts tweet 2

The commissioner and some NFL teams have been heavily criticized for lenient or delayed punishment of Rice, Adrian Peterson and other players involved in recent domestic violence cases. Less than three weeks into the season, five such cases have made headlines, the others involving Greg Hardy, Ray McDonald and Jonathan Dwyer.

Vikings star running back Peterson, Carolina defensive end Hardy and Arizona running back Dwyer are on a special commissioner's exemption list and are being paid while they go through the legal process. McDonald, a defensive end for San Francisco, continues to practice and play while being investigated on suspicion of domestic violence.

As these cases have come to light, such groups as the National Organization of Women and league partners and sponsors have come down hard on the NFL to be more responsive in dealing with them. Congress also is watching to see how the NFL reacts.

In response to the criticism, the NFL announced it is partnering with a domestic violence hotline and a sexual violence resource center.

Goodell also said in a memo to the clubs late Thursday that within the next 30 days, all NFL and team personnel will participate in education sessions on domestic violence and sexual assault. The memo said the league will work with the union in providing the "information and tools to understand and recognize domestic violence and sexual assault."

The league will provide financial, operational and promotional support to the National Domestic Violence Hotline and the National Sexual Violence Resource Center.

12:07 p.m. Roger Goodell to break silence on domestic abuse and the NFL

Roger Goodell will make his first public statements in more than a week about the rash of NFL players involved in domestic violence when he holds a news conference Friday.

The NFL commissioner will address the league's personal conduct policy. The league has faced increasing criticism it has not acted quickly or emphatically enough concerning the domestic abuse cases.

His last public appearance was at a high school in North Carolina on Sept. 10.

The commissioner and some NFL teams have been heavily criticized for lenient or delayed punishment of Ray Rice, Adrian Peterson and other players involved in recent domestic violence cases. Less than three weeks into the season, five such cases have made headlines, the others involving Greg Hardy, Ray McDonald and Jonathan Dwyer.

Vikings star running back Peterson, Carolina defensive end Hardy and Arizona running back Dwyer are on a special commissioner's exemption list and are being paid while they go through the legal process. McDonald, a defensive end for San Francisco, continues to practice and play while being investigated on suspicion of domestic violence.

As these cases have come to light, such groups as the National Organization of Women and league partners and sponsors have come down hard on the NFL to be more responsive in dealing with them. Congress also is watching to see how the NFL reacts.

In response to the criticism, the NFL announced it is partnering with a domestic violence hotline and a sexual violence resource center.

Goodell also said in a memo to the clubs late Thursday that within the next 30 days, all NFL and team personnel will participate in education sessions on domestic violence and sexual assault. The memo said the league will work with the union in providing the "information and tools to understand and recognize domestic violence and sexual assault."

The league will provide financial, operational and promotional support to the National Domestic Violence Hotline and the National Sexual Violence Resource Center.

"These commitments will enable both the hotline and NSVRC to help more people affected by domestic violence and sexual assault," Goodell said in the memo.

The National Domestic Violence Hotline provides domestic violence victims and survivors access to a national network of resources and shelters. It is available 24 hours a day, seven days a week in 170 languages. Goodell noted that the hotline received 84 percent more calls from Sept. 8-15, and the organization said more than 50 percent of those calls went unanswered because of lack of staff.

"The hotline will add 25 full-time advocates over the next few weeks that will result in an additional 750 calls a day being answered," he said.

NSVRC supports sexual violence coalitions across the United States. The NFL's initial support will be directed toward state coalitions to provide additional resources to sexual assault hotlines.

This story has been updated.

Determining the payback period of a solar thermal system will help close the sale.

India's wholesale price index (WPI) inflation rate rose to 2.36 per cent in October 2024, up from 1.84 per cent in September, largely driven by increased prices in food items, manufacturing, machinery, and motor vehicles. The WPI index rose to 156.1, with manufacturing products increasing to 142.5. Primary articles saw a 2.35 per cent rise, while fuel and power decreased by 0.27 per cent.

• Risks to the jobs market have remain unchanged or have fallen
• Fed may be on the 'last mile' to price stability, inflation expected to converge to 2% over the medium term
• Monetary policy well posited, Fed can 'judiciously and patiently' judge income data to decide on further rate cuts
• Strong economy on track for a 'solid' fourth quarter
• Growth is broad-balanced and driven by consumption, income growth, productivity, supportive financial conditions and wealth effects
• Recent high productivity could prove durably structural but that remains uncertain
• Core inflation remain elevated
• Pressure in services industries slowly abating

This is the third Fed official who has floated some more-hawkish hints. It's hardly a signal of a pause in December but early 2025 is going to be interesting. There are meetings in January, March and May. Assuming a cut in Dec, there is one cut fully priced in for that period (and a smidge more).

That sounds about right based on the comments and data but that's going to swing based on the next set of numbers and beyond.

UBS remain upbeat on further Federal Reserve interest rate cuts to come. Analysts at the bank acknowledge heightened concerns about inflation in the market, and also trimmed market pricing for cuts ahead.

Ahead of Wednesday's CPI report (Forexlive Americas FX news wrap 13 Nov: US CPI comes out as expected. USD continues rise) UBS points:

• Economic data signals a stronger-than-expected economy. Concerns about inflation remain

• Market expectations lean towards a slower pace of Fed rate cuts

• Fed officials view the current rate as restrictive but are balancing employment and inflation goals. A major inflation surprise would be required to shift policy outlooks.

• The Fed is likely to continue rate cuts, with a potential 25 basis point cut in December and further easing expected in 2025.

And, the data result was not enough to dissuade analysts at UBS from expecting further cuts from the FOMC ahead, referring to the in line CPI print not changing the underlying fundamentals and economy narrative.

***

The latest from FedWatch shows a solid expectation for a 25bp cut on December 18:

Reserve Bank of Australia Governor Bullock

• bond markets pretty well behaved globally
• bond markets reflecting increasing government debt
• think we are restrictive enough, will stay there until confident on inflation

More:

• recent inflation had both supply- and deand-sdie components
• aim is to lower inflation
• prices not going back to pre-covid level, that would be deflation and not going to have that

• Inflation has come down quite a lot
• Recent data on prices are heading towards our 2% goal
• If inflation converges towards our goal, then monetary policy will respond accordingly

This just reaffirms their current stance and market pricing for a rate cut in December. The question now is, how much will the ECB move by? The odds of a 25 bps rate cut are at ~63% with the remainder pinned to a 50 bps move instead.

The OSCE Project Co-ordinator in Ukraine and the Supreme Court of Ukraine organized on 10 June 2016 in Kyiv a joint roundtable discussion on protection of property in times of conflict, bringing together over 60 representatives of Ukrainian legislative and executive powers, leading judicial and law schools, as well as judges and international and local experts.

The participants discussed the guarantees of exercising the right to property and the mechanisms of its protection under special circumstances, such as armed conflict, occupation, annexation of territories and anti-terrorist operations. They identified mechanisms of protection, which would be efficient in terms of practical implementation and useful for judicial practice, and produced recommendations to keep up with international standards in this field.

The participants shared visions about international standards and the European Court of Human Rights (ECtHR) case law regarding the protection of the right to peaceful enjoyment of possessions, and reviewed the experience of other states which faced similar circumstances, such as Bosnia and Herzegovina, Croatia, Georgia and Moldova. They also discussed problems of the judicial settlement of disputes related to the protection of property rights of individuals and legal entities in the conflict zone.

The event is part of the OSCE Project Co-ordinator’s project on safeguarding human rights through courts, which is implemented with financial support from the Government of Canada. The project also addresses the problem of property rights protection through development and piloting specialized courses for judges on the application of the ECtHR case law in the context of Article 1 of Protocol 1 to the European Convention on Human Rights.

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Reporting objectively from a conflict is never easy. Concerns for your own personal safety and daily scenes of death and destruction mean that journalists can be overcome by personal emotion, while feelings of patriotism and “us against them” can be difficult to extinguish.

The professional ethical dilemmas presented by reporting from a conflict zone are very familiar to Anya, a journalist from the city of Donetsk, who has been covering the conflict in and around Ukraine from the beginning.

“It is difficult to remain objective in such situations,” says Anya, fully aware that journalists across all sides of the conflict face similar professional dilemmas. She was among 200 journalists and media experts from both sides of the line of contact who gathered in Mariupol, a city in the south of the Donetsk region, for the Donbas Media Forum from 9 to 12 June 2016 to discuss her personal and professional experiences of reporting on the conflict.

It was clear during the Forum, which was organized by local NGOs such as the Donetsk Institute of Information and the Donetsk Press Club that tensions among journalists deeply persist. These are partly down to the diametrically opposed political reporting on the conflict by the journalists. Indeed most of the journalists from the Donetsk region, including Anya, preferred to remain anonymous at the Forum.

[node id="250356" preset="medium" align="left" description="Oleksiy Matsuka, journalist, founder of the web-based project ‘News of Donbas’ and organiser of the Donbas Media Forum 2016, talks about difficulties media professionals face in the field, Mariupol, 10 June 2016. (Evgeny Sosnovsky)"]

Best practices on objective reporting

The discussions at the Forum explored ways of enhancing the professionalism of the reporting in ways which can help rekindle trust between communities and counter deliberate misreporting.

One of the tools presented was 'Conflict Sensitive Journalism - Best Practices and Recommendations’, a new manual published by the Officer of the OSCE Project Co-ordinator in Ukraine. Among many other things, the guide offers tips on how to work with vulnerable populations or how to verify facts and illustrates in plain language and through real-life case studies what media professionals need to do in the field in order to enhance their reporting.

“The guidelines aim to both advance the safety of journalists covering the conflict in Ukraine and support the development of conflict-sensitive media coverage”, says OSCE PCU National Project Officer Maryna Bezkorovaina.

Reporting from a conflict zone: Some tips

• No story is worth your life! Journalists need to ensure their personal protection in combat operations zones – preparatory planning in advance of the trip and attending hostile environment and first aid courses are crucial.
• Truth is the first victim in a conflict. Tensions are high and people pick sides. But it is crucial for journalists to stay impartial and to seek the truth – or at least be transparent in a story about the fact that information is hard to verify due to the reporting circumstances. 
• Do not stigmatise or discriminate when writing about displaced persons and other vulnerable groups and do not facilitate political manipulations on the subject.
• Make a person the centre of your story and think about consequences of your reporting.  
• Do not distort reality for the sake of a nice picture and sensational text. Journalists have no justification for twisting facts, inventing non-existent things or using footage that does not reflect reality.

Source: ‘Conflict Sensitive Journalism - Best Practices and Recommendations’, published by the Office of the OSCE Project Co-ordinator in Ukraine (2016)

A threat to peace

Objective reporting from the conflict zone is important, because misreporting and propaganda can inflame tensions. The manual is therefore a product aiming to contribute to efforts to bring peace in Ukraine.

The lack of interest in and the dehumanization of the “other side” can threaten the potential for sustainable peace, says journalist Dejan Anastasijević with the Serbian weekly Vreme. At the Donbas Media Forum, he recalled his experiences as a correspondent on the Yugoslav wars of secession. “Do not make the situation worse by using harsh language against each other.”

The handbook features the results of a study implemented by the OSCE Project Co-ordinator in partnership with the Ukrainian NGOs Telekritika and the Institute of Mass Media, which revealed serious misconceptions among leading editors and prominent Ukrainian journalists regarding the role of the media in times of conflict.

[node id="250361" preset="medium" align="left" description="Dejan Anastasijevic, Serbian journalist from Vreme newspaper states: “Do not make the situation worse by using harsh language against each other,” in a panel discussion at the Forum in Mariupol, 10 June 2016. (Evgeny Sosnovsky)"]

The study highlighted over-generalized reporting, narratives characterised by an 'us' versus 'them' perspective, inflammatory language and dehumanization of the conflict sides. Half of the analysed national online publications reported incomplete information about the conflict, while about a quarter of the material primarily relied on data from social networks. Moreover, the problems and needs of the people living in the areas not controlled by the Ukrainian government received little or no coverage.

“Journalists need to understand that they are not soldiers fighting for a particular side,” says Oleksiy Matsuka, a journalist and founder of the web-based project ‘News of Donbas’. “The manual helps journalists return to the origins and basic rules of their profession.”

The manual was a crucial element of the OSCE Project Co-ordinator’s “Supporting Conflict Sensitive Journalism in Ukraine” project, which is partially funded by the Government of the United Kingdom and the International Media Support (IMS) NGO. The manual draws on the most up-to-date practices based on the highest quality academic research.

The book was also earlier presented in Lviv Media Forum, in western Ukraine, and English, Ukrainian and Russian versions of the book are available on the OSCE website and as an app for iOS and Android devices.

“It is extremely useful for journalists to have a handbook they can easily access whenever and wherever they need it,” says Mariana Seminishin, organizer of the Lviv Media Forum. “The manual provides both life-saving information and guidance that could pave the way for peace in Ukraine.” 

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OSCE High Commissioner on National Minorities Astrid Thors visited Washington DC and New York City from 25 to 29 April 2016, where she explored opportunities to strengthen co-operation in conflict prevention, implementing early action policies and in fostering inclusion within diverse societies.

Thors met with officials from the United States and representatives of international organizations, including the United Nations Secretariat, Funds, Programmes and Agencies, as well as members of the academia, think tanks and human rights organizations.

During her visit, Thors welcomed the adoption by the United Nations Security Council of the Resolution 2282 (2016) on the Review of United Nations Peacebuilding Architecture as renewed meaningful support to conflict prevention worldwide. In discussions, it was also noted that the implementation of the Sustainable Development Goals and the data provided during their implementation are very relevantpertinent for building just and inclusive societies.

“I am pleased with the strengthened partnerships with the wider international community achieved during my trip, in particular in thematic areas such as access to justice and education, both highly relevant to national minorities and conflict prevention,” Thors concluded.

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BISHKEK, 3 June 2016 – Wrapping up a two-day visit to Kyrgyzstan, which has included meetings with the Speaker of the Parliament, the Minister of Foreign Affairs, and officials at the OSCE Centre in Bishkek, Special Representative for Central and Eastern Asia and Vice-President of the OSCE Parliamentary Assembly Christine Muttonen spoke to students today at the OSCE Academy in Bishkek on conflict prevention and peace-building, noting the strengths of the OSCE’s approach, as well as areas for improvement.

Muttonen’s visit this week – her first to Kyrgyzstan since her appointment as Special Representative in January – has served as an opportunity to discuss confidence-building in the region and developing co-operative approaches to common challenges such as energy security, water management and border co-operation. In her meetings with Speaker of Parliament Chynybay Tursunbekov and Minister of Foreign Affairs Erlan Abdyldaev, Muttonen noted the importance of continuing to build trust and dialogue through the OSCE.

“There is a need to develop ways of countering the lack of trust and promoting co-operation between countries in the region,” she said. “The OSCE is our common organization, an inclusive organization in which all of its members have an equal voice, and we need to work effectively together within this forum.”

Discussions in Bishkek also focused on promoting follow-up on OSCE/ODIHR election-related recommendations and on the importance that Kyrgyzstan attaches to the OSCE and its Parliamentary Assembly. Muttonen expressed appreciation for the fact that Kyrgyzstan intends to send a full delegation to the OSCE PA’s 25th Annual Session in Tbilisi, Georgia, next month.

In meetings with staff of the OSCE Centre in Bishkek, Muttonen was briefed on the situation in the country and heard about the Centre’s ongoing projects, notably in the spheres of early warning and conflict prevention, as well as youth-oriented and parliamentary development projects. There was also discussion on the possibility of holding future OSCE PA events in the country.

In her lecture at the OSCE Academy, she highlighted the early warning capabilities of the OSCE – including through its field operations such as the Centre in Bishkek – but regretted that sometimes political considerations hamper effective implementation of early warning mechanisms. Discussing the OSCE’s consensus-based decision-making procedure and the non-binding character of its decisions, Muttonen pointed out the OSCE is only as strong as its participating States allow it to be.

Nevertheless, she said, the OSCE’s response to the crisis in and around Ukraine has served as an example of its ability to engage in conflict prevention and peace-building. “The Ukraine conflict has shown that the OSCE is well-placed and equipped to engage in conflict prevention and support mediation and peace-building,” said the PA Vice-President. “Through its unanimous vote principle, the OSCE and its participating States can formulate strong political agreements, even if the process may be slow.”

She noted that OSCE parliamentarians have been active in supporting the Central Asian countries’ peace-building efforts, notably through fact-finding missions.

Muttonen’s speech at the OSCE Academy concluded a week-long visit to Central Asia, which included meetings with government officials, parliamentary leaders and representatives of civil society in Astana, Almaty, and Bishkek.

In her mandate as Special Representative, she is tasked, inter alia, with encouraging active participation in the PA by parliamentarians from Central Asia, as well as liaising with and supporting the work of the OSCE field operations in the region.

To watch a recent interview with the Special Representative, in which she discusses her priorities, please click here. Photos of her visit this week to Central Asia are on Flickr. Her full remarks to the OSCE Academy are available here.

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OSCE High Commissioner on National Minorities Astrid Thors visited Washington DC and New York City from 25 to 29 April 2016, where she explored opportunities to strengthen co-operation in conflict prevention, implementing early action policies and in fostering inclusion within diverse societies.

Thors met with officials from the United States and representatives of international organizations, including the United Nations Secretariat, Funds, Programmes and Agencies, as well as members of the academia, think tanks and human rights organizations.

During her visit, Thors welcomed the adoption by the United Nations Security Council of the Resolution 2282 (2016) on the Review of United Nations Peacebuilding Architecture as renewed meaningful support to conflict prevention worldwide. In discussions, it was also noted that the implementation of the Sustainable Development Goals and the data provided during their implementation are very relevantpertinent for building just and inclusive societies.

“I am pleased with the strengthened partnerships with the wider international community achieved during my trip, in particular in thematic areas such as access to justice and education, both highly relevant to national minorities and conflict prevention,” Thors concluded.

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India's wholesale price index rose to 2.36 percent in October. Food prices increased, pushing retail inflation to a 14-month high. The Reserve Bank of India held its benchmark interest rate steady. The central bank maintained its inflation forecast for the fiscal year at 4.5 percent. Food price volatility remains a concern for inflation and economic stability.

Can you suggest holiday dinner dishes that would satisfy a group of three that includes a pescetarian, a traditionalist, and a pre-diabetic? Bonus points for an entree, recipe, and being easy to cook (especially if it can be prepared ahead).

The National Institute of Statistics and Census of Argentina (INDEC) revealed on Tuesday that it had documented an inflation rate of 2.7 percent in the country for October.

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Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading reinforced expectations that the Fed would cuts rates again in December. The CPI came in line with expectations, accelerating slightly to an annual inflation rate of 2.6%. Core CPI, which straps out…

Inflation remains substantially lower than it did during its 2022 peak — but Americans are still frustrated with high prices.

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Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle in January.

Consumer Price Index inflation increased 0.2% in October for an un-adjusted annual rate of 2.6%, meeting expectations, according to the Bureau of Labor Statistics.

AIMIM chief Asaduddin Owaisi has been served notice by the police in poll-bound Maharashtra's Solapur over his speeches.

AIMIM chief Asaduddin Owaisi has been served notice by the police in poll-bound Maharashtra's Solapur over his speeches.

Taipei, Taiwan — Chinese President Xi Jinping departs on a nine-day diplomatic tour to Latin America on Wednesday, during which he will inaugurate a Chinese-financed megaport in Peru and attend the Asia-Pacific Economic Cooperation Summit in Lima and the G20 Summit in Brazil. Analysts say the trip is part of China’s attempt to expand its global influence and present itself as “a responsible global power” at a time when countries around the world brace for uncertainties following U.S. President-elect Donald Trump’s victory on November 5. “The trip is especially significant since Latin America is viewed as ‘the backyard’ of the United States; and [since] the next U.S. president is likely to return to a unilateral approach in world affairs, it provides China with the opportunity to expand its influence around the world as a champion for global development and multilateral cooperation,” said Zhiqun Zhu, an expert on Chinese foreign policy at Bucknell University. During his state visit to Peru, Xi will inaugurate the $3.5 billion Chancay port with his Peruvian counterpart Dina Boluarte on Thursday. Situated 80 kilometers north of the Peruvian capital Lima, the port has a maximum depth of 17.8 meters and is expected to become a major trading hub between Latin America and China. “The port will become the largest deep-water port in South America and it will drastically reduce the time needed to ship products from Peru to China,” Leland Lazarus, associate director of national security at Florida International University, told VOA in a video interview. China’s state-run Cosco Shipping Corporation has a majority 60% stake in the port and a 30-year concession to operate the terminal. According to China’s official data, the port can handle up to one million containers and 160,000 vehicles in the first year of operation.  The port is among 17 ports globally where China holds a majority stake, according to the Council on Foreign Relations and is one of more than 100 port projects built globally under China’s flagship Belt and Road Initiative. The port is expected to become a major hub for exporting critical commodities such as lithium, copper, iron and soybeans to China more efficiently. Latin American countries including Peru, Chile, Brazil, Colombia, and Ecuador, which had a combined export of $135 billion to China in 2023, could all benefit from the launch of the Chancay Port.  “There is a huge gap in infrastructure development in Global South countries and Western powers are not active in helping [to] fill the gap. [As a result,] China’s investments in such large infrastructure projects are welcomed by host countries,” Zhu at Bucknell University told VOA in a written response. While Latin American countries will likely welcome the inauguration of the Chancay Port, the U.S. has warned about the potential for the port to be used for military purposes by China. That Washington claims could threaten its interests in Latin America.  “It could be used as a dual-use facility, it’s a deepwater port,” said Laura Richardson, the outgoing chief of the U.S. Southern Command told the Financial Times in a recent interview, adding that the Chinese navy could use the port in a scenario that, she said, fits “Beijing’s playbook.” Some experts say it’s difficult for China to deploy its naval vessels to Latin America in the near future and that Peru is unlikely to let Beijing militarize the Chancay port. “Currently, the Chinese navy is not capable of projecting its power across the Pacific, and since Peru still needs to maintain its relationship with the U.S., Peruvian authorities won’t allow the port to be militarized,” Kung Kwo-Wei, an expert of Latin American affairs at Tamkang University in Taiwan, told VOA by phone. However, Lazarus told VOA that Beijing’s activities in other ports around the world suggest it could still use the Chancay port for military purposes in the future. “When looking at Chinese behaviors [at other ports around the world], such as the Port of Bata in Equatorial Guinea and the Ream Naval Base in Cambodia, Chinese state-owned enterprises would promise to expand the ports for commercial purposes, yet there have been allegations that there’s been construction for what looks like military purposes on these areas,” said Lazarus. In addition to the Chancay Port, Peruvian Foreign Minister Elmer Schialer told Reuters news agency in an exclusive interview that Beijing and Lima plan to sign around 30 agreements, including an updated free trade agreement, during Xi’s visit.  Kung in Taiwan said these developments show that China’s investment in Latin America is now focusing on logistical infrastructure and access to minerals from Latin America. “China relies heavily on ports and logistical infrastructure to ensure it can export and import commodities at a steady pace, and as Beijing continues to expand its renewable energy industries, its appetite for minerals from Latin America will also grow,” Kung told VOA. As the U.S. could possibly adopt a more isolationist foreign policy approach during Trump’s second term, Lazarus said Xi will use the upcoming APEC and G20 summits to amplify the message that China is a more consistent global power than the U.S. “While the U.S. is going to potentially look inward with another Trump administration, [the summits] are Xi’s big opportunities to show that China is playing a much more global role,” he told VOA. However, some experts say it remains unclear whether China will achieve its intended goals. “Beijing will double down on the image of being the leader of the Global South and some countries will be attracted by that message,” said Ian Chong, a political scientist at the National University of Singapore. “But others who are more clear-eyed and who have followed developments from the Belt and Road Initiative and other Chinese projects will recognize that China is just another great power,” he told VOA in a phone interview. 

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