Russia mulls using yuan & euro instead of US dollar for external loans in 2020
Answering journalists’ questions about the impact of US sanctions on the Russian sovereign debt market, Siluanov said that Moscow will consider the issue as it has been creating the infrastructure to use the Chinese currency for loans in recent years. “We can also try to go into euro,” he added. Also on rt.com Russia plans to issue its first 'Panda' bonds next year – finance ministry Although there are fewer euro investors, Russia doesn’t see any problems with the restrictions on borrowing in dollars, and will not issue Eurobonds denominated in the greenback, he stressed.Earlier this year, the US imposed another round of financial restrictions on Russia related to the poisoning of former double agent Sergei Skripal in Salisbury in … [READ MORE...]
Pamela Fiori on ‘The Best Travel Magazine That Ever Was’
Why did you choose to write about Holiday?In a way it chose me. I was introduced to Charles Miers, publisher of Rizzoli New York, and we started talking about my doing a memoir. When he found out that I had worked at Holiday, which unbeknown to me, he was fascinated by, he asked if I’d be interested in doing something on the history of it. I only worked there for a few years, but I knew a fair amount about it. It’s the magazine that gave me my wings. I was immediately interested.Did you have access to old magazine issues? Some. There were no archives to speak of. The company — Curtis Publishing — had folded. I went to eBay and I started to buy up as many issues as I could. There was a lot there. Not everything, but enough to give me a good sense of why the magazine was so special. Before … [READ MORE...]
Is Cold Brew Better Than Iced Coffee?
“I’ve seen this statistic a lot,” she said in reference to a oft-quoted claim that cold brew is 70 percent less acidic than regular iced coffee. “But I don’t see any scientific data to support this claim,” directing me to a study that shows “comparable” pH values from cold- and hot-brew samples, “ranging from 4.85 to 5.13.” For comparison’s sake, the stomach’s pH hovers somewhere between 1.5 and 3.5.Does cold-brewed coffee have more caffeine? Wading through the world of cold brew coffee can be a brutal game of trial and error. Thanks to the wide range of brewing methods, the difference in caffeine content among cold brews is considerably harder to predict than the amount of acid. After brewing for 20 hours, 16 ounces of cold brew at Starbucks contains 200 milligrams of caffeine (12 … [READ MORE...]
Latest News
In a Strong Economy, Why Are So Many Workers on Strike?
“It’s about: ‘O.K., the government is not going to take care of us. Business is not going to take care of us. We’ve got to take care of ourselves,’” said D. Taylor, president of the hospitality workers union, UNITE HERE, which has had thousands of members strike in the past two years, including at Marriott International. “It’s been bubbling up for some time. Now it’s come up to the surface.”In the airline industry, workers who made numerous concessions amid a wave of post-9/11 corporate … [Read More...]
Fed Signals a Rate Cut Remains Possible, Despite Glimmers of Economic Hope
Even if those uncertainties clear up, data increasingly suggest that economic damage is already materializing.A global slowdown is well underway. The International Monetary Fund lowered its expectations for global growth in 2019 to 3 percent, the lowest rate since the financial crisis, in projections released Tuesday. Manufacturers around the world are slumping, and the American factory sector has pulled back markedly. The United States’ economic strength has hinged on everyday consumers, whose … [Read More...]
Working to Benefit Society, Not Just Companies
What did you want to be when you were young?By the time I was in fourth or fifth grade, I wanted to be an elected official or a policymaker. My grandfather Ruby, whom I was close to, read The New York Times every day from front to back and engaged me in conversation about policy and social justice from an early age. I assumed the best way make a difference was to run for office.Who or what inspired you to go into your field?A series of relationships and mentors have helped guide me, including my … [Read More...]
G.M. and U.A.W. Reach Deal That Could End Strike
With negotiations at an impasse last month, the union declared the first nationwide strike against a Detroit automaker since 2007. The talks appeared to turn rancorous, at least episodically, with the union negotiator declaring this month that the U.A.W. “could not be more disappointed with General Motors.” G.M.’s chief executive, Mary T. Barra, inserted herself directly into the talks on two occasions over the last week.One of the union’s aims was to reduce pay disparities between those hired … [Read More...]
Previous news
Small Business
Is Cold Brew Better Than Iced Coffee?
“I’ve seen this statistic a lot,” she said in reference to a oft-quoted claim that cold brew is 70 percent less acidic than regular iced coffee. “But I don’t see any scientific data to support this claim,” directing me to a study that shows “comparable” pH values from cold- and hot-brew samples, “ranging from 4.85 to 5.13.” For comparison’s sake, the stomach’s pH hovers somewhere between 1.5 and … [Read More...]
Instagram Therapists Are the New Instagram Poets
Instagram therapists are the new Instagram poets, in a way — only instead of posting free verse in typewriter font, they deal in pithy pronouncements about embracing imperfection, self-care, “growth mindset,” mothering oneself, impostor syndrome and trauma. The digital words of accounts like @thefatsextherapist, @nedratawwab and @the.holistic.psychologist are meant to encapsulate the “aha” moment … [Read More...]
Your Money
A Will Without Ink and Paper
Ms. DiChello also worries that some states might alter the Uniform Law Commission’s model. She said this happened to standardized trust language in a similar proposal a few years back.“The Uniform Commission has proposed this model that very few states are going to adopt,” she said. “Some states are going to be more flexible than other states with what constitutes an e-will.”Using the video chat … [Read More...]
A Will Without a Lawyer
Ms. DiChello also worries that some states might alter the Uniform Law Commission’s model. She said this happened to standardized trust language in a similar proposal a few years back.“The Uniform Commission has proposed this model that very few states are going to adopt,” she said. “Some states are going to be more flexible than other states with what constitutes an e-will.”Using the video chat … [Read More...]