Quick Glance: Citigroup CEO: No Room for Bystanders in Reorganization
- Fraser confirms top employees are on board with the sweeping reorganization.
- The company will provide an update on estimated savings in the fourth quarter.
- Sources suggest that employees in compliance and risk management are most likely to be affected by layoffs.
- Fraser emphasizes the bank's ability to manage a potential recession.
Quick Glance: Explosions Over Moscow: Drone Attacks Continue
- Moscow experienced a second consecutive night of explosions caused by armed kamikaze drones and air defense systems.
- According to reports, at least three different Ukrainian-made drones have been used in attacks inside Russia, including Moscow.
- Russian officials, Moscow media, and pro-Russian Telegram channels confirmed the deployment of three drones against the city.
- According to a Russian Telegram channel, readers' reactions to the drone attacks have changed.
Quick Glance: Clients are migrating supply chains away from China, according to Citigroup CEO.
- Citi is bullish on China, but a rebalancing of global supply chains that has been happening since the COVID-19 pandemic has intensified as a result of the conflict in Ukraine, according to Livingstone in an interview with Bloomberg Television.
- The growing trade war between the United States and China is forcing a rethinking of the electronics industry's decades-old supply structures.
- Supply chain price pressures have subsided, but their impact on inflation remains.
- The United States and three Asian partners met to discuss the chip supply chain, according to reports.
Quick Glance: Commentary: Are we sick and weary of hearing about Ukraine, as we were with COVID-19?
- According to Edson C Tandoc Jr. of the NTU Centre for Information Integrity and the Internet, there are solutions to combat news fatigue.
- This is referred to as "news fatigue" by social scientists, and it occurs when we become tired of hearing about a certain topic or issue.
- Unless there is a dramatic change, lingering crises such as the Ukraine invasion and the pandemic fade from notice.
- So, how can we maintain public attention and interest in the face of news fatigue?
- First, we must remind ourselves why this is vital and how it impacts the entire world, not just Russia and Ukraine.
Quick Glance: Russia claims it has invited United Nations and Red Cross experts to investigate jail fatalities.
- 1/2] As Russia's onslaught on Ukraine continues, a satellite image provides a closer look at a prison after a strike on a facility in Olenivka, Ukraine, July 30, 2022.
- 31 July (Reuters) - Russia has invited United Nations and Red Cross specialists to investigate the deaths of dozens of Ukrainian captives in a jail run by Moscow-backed rebels, the defense ministry announced on Sunday.
- The ministry stated in a statement that it was acting "in the interests of conducting an objective investigation" into what it called an attack on the facility earlier this week.
Quick Glance: Vladimir Putin wants a reassessment of the Ukrainian grain export arrangement.
- President Vladimir Putin said on Wednesday that a UN-brokered Ukrainian grain export pact had "cheated" Russia and the poor world, threatening to amend its terms to limit the countries that might receive shipments.
- "Almost all the grain exported from Ukraine is sent not to the poorest developing countries, but to European Union countries," Putin said at an economic summit in the eastern city of Vladivostok on Wednesday.
- 1:14According to Lavrov, "corrections" to the Ukraine grain transaction will be based on UN statistics.
- "Many of these elements of restrictions remain," Putin stated.
Global Head of Citi’s Public Sector Group Julie Monaco discusses how COVID and the war in Ukraine have contributed to global supply shortages https://yhoo.it/3sSP3Ez
How I managed to escape from the hell of Mariupol - interview with a city resident, Dariya
The story of an eyewitness to the terrible events in Mariupol ... Show more https://www.kyivpost.com
Why protesters in Canada seem a long way from trucking off, we explain Citigroup’s retail retreat and read Yuval Noah Harari’s guest essay on Russia and ... https://econ.trib.al/bp8FLKj
Catch Alex Gruskin from the grounds in D.C. at the Citi Open to recap last night’s Nadal/Sock match, a trio of American upstarts on the men’s side, and more ... Marta Kostyuk https://megaphone.link/ADV8727185977