Reuters
By Reuters
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Fast Forward Seth Klarman Resists Efforts To Write Down Puerto Rico Debt
Billionaire investor Seth Klarman on Wednesday resisted calls for Puerto Rico’s debt to be wiped out and said the island’s residents will be better off in the long run if obligations are honored. Klarman comments came in an email to investors, offering fresh details about how his $30 billion hedge fund Baupost Group sees its…
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Fast Forward Israel Won’t Negotiate With Hamas-Backed Palestinian Government
JERUSALEM (Reuters) – Israel said on Tuesday it would not hold peace negotiations with a Palestinian government dependent on the Islamist Hamas group, responding to a new reconciliation agreement between the two main Palestinian factions. Hamas and Palestinian Authority President Mahmoud Abbas’s Fatah faction sealed a deal last week in which Hamas agreed to cede…
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Fast Forward George Soros University Gets Reprieve From Hungary — For Now
Hungary has extended a deadline for a U.S.-accredited Budapest university founded by George Soros, philanthropist financier and prominent critic of Prime Minister Viktor Orban’s government, to comply with a new education law or face closure. As Hungary prepares for parliamentary elections in early 2018, the nationalist, right-wing Orban, who leads the ruling Fidesz party, has…
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Fast Forward Egypt Synagogue Among 25 Most Endangered World Treasures
Historical gems around the globe, ranging from a Syrian bazaar and the last active synagogue in Alexandria to England’s Blackpool Piers and Alabama civil rights buildings, are threatened by war, disasters and urbanization, a monument conservation group said on Monday. The 25 of the world’s at-risk sites include rock art at Matobo Hills Cultural Landscape…
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Fast Forward Weinstein Company In Talks With Trump Ally’s Firm
The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after the departure of co-founder Harvey Weinstein. The announcement about the deal talks comes only days after co-Chairman Bob Weinstein, Harvey’s brother and…
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Fast Forward French Jew Picked To Lead UNESCO After Israel And U.S. Bolt
The United Nations’ cultural agency has selected France’s Audrey Azoulay as its new director general, two diplomatic sources said on Friday. UNESCO’s executive board voted 30 to 28 in favour of Azoulay, a former French culture minister, against Qatar’s Hamad bin Abdulaziz al-Kawari. It will now be put forward for approval to UNESCO’s 195 members…
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Fast Forward Trump Decertifies Iran Nuclear Deal In New Confrontation
President Donald Trump struck a blow against the 2015 Iran nuclear agreement on Friday in defiance of other world powers, choosing not to certify that Tehran is complying with the deal in a major reversal of U.S. policy. Trump made the announcement in a speech that detailed a more confrontational approach to Iran over its…
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Fast Forward Schumer Vows To Work With GOP To Rescue Obamacare Subsidies
Senate Democratic leader Chuck Schumer on Friday expressed optimism on chances for a deal with Republicans to continue Obamacare’s subsidy payments for low-income people, despite President Donald Trump’s decision to scrap the healthcare insurance supports. Speaking to reporters on a conference call, Schumer said, “We’re going to have a very good opportunity to get this…
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