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Ukraine war latest: Third round of Russian-Ukrainian talks ends without breakthrough
JPMorgan Chase introduced it will take away Russian debt from its widely-used bond indices within the newest transfer to exclude the nation from the worldwide monetary system since Vladimir Putin went to struggle with Ukraine.
The financial institution will pull Russian sovereign and company bonds from all of its fixed-income indices from March 31, following related bulletins from index suppliers together with MSCI, S&P Dow Jones Indices and FTSE Russell.
The imposition of sanctions on Russia has rendered its debt illiquid and nearly uninvestable, and has pushed a lot of its bonds in direction of default.
Critically, the choice will exclude Russian bonds from JPMorgan’s “exhausting foreign money” company and sovereign indices in addition to its index for debt in rising market currencies.
JPMorgan’s rising markets indices are among the many most carefully adopted by traders within the fixed-income asset class and function an trade benchmark.
Russian and Belarusian debt can even be excluded from its rising market indices that comply with environmental, social and governance standards.
Pramol Dhawan, head of rising market portfolio administration at Pimco, mentioned he had anticipated Russia to be excluded as a result of it “doesn’t meet the tradability or liquidity standards that the index has”.
Russia makes up 0.83 per cent of the JPMorgan Rising Markets Bond Index, which is tracked by about $415bn in property. The exclusion itself is unlikely to affect the worth of the index.
PricingDirect, a service which costs JPMorgan’s indices, has been steadily decreasing the worth of Russia’s bonds.
Learn extra on JPMorgan’s determination right here
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Dozens of monkeys escape from South Carolina research facility
Dozens of monkeys have escaped from a research facility in Yemassee, S.C., prompting police to urge residents to lock their doors and windows until the primates have been captured.
The Alpha Genesis Primate Research Center is home to the 43 escaped female rhesus macaque primates, which police describe as very young and weighing between 6 and 7 pounds.
“The Yemassee Police Department, in collaboration with Alpha Genesis, have initiated search teams to help locate the escaped primates. Alpha Genesis currently have eyes on the primates and are working to entice them with food,” police said in a statement.
“The public is advised to avoid the area as these animals are described as skittish and any additional noise or movement could hinder their safe capture.”
The monkeys had never been used for testing due to their young age, and they’re too young to carry diseases, the statement said.
Attempts to reach Alpha Genesis for comment went unanswered.
Speaking to CBS News, Alpha Genesis CEO Greg Westergaard said that a caretaker accidentally left a door to the enclosure unsecured. The ensuing escape, he said, was like an all-too-literal version of monkey see, monkey do.
“It’s really like follow-the-leader. You see one go and the others go,” Westergaard said. “It was a group of 50 and seven stayed behind and 43 bolted out the door.”
Even though he called the escape “frustrating,” Westergaard said he hoped the monkeys would ultimately return home of their own free will.
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Video: Biden Promises Americans an Orderly Transition of Power to Trump
new video loaded: Biden Promises Americans an Orderly Transition of Power to Trump
transcript
transcript
Biden Promises Americans an Orderly Transition of Power to Trump
President Biden vowed to honor the Constitution with an orderly transfer of power to President-elect Donald J. Trump.
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I know for some people, it’s a time for victory, to state the obvious. For others, it’s a time of loss. Campaigns are contests of competing visions. The country chooses one or the other. We accept the choice the country made. I’ve said many times, you can’t love your country only when you win. You can’t love your neighbor only when you agree. I will do my duty as president. I’ll fulfill my oath and I’ll honor the Constitution. On Jan. 20, we’ll have a peaceful transfer of power here in America. Yesterday, I spoke with President-elect Trump to congratulate him on his victory. And I assured him that I’d direct my entire administration to work with his team to ensure a peaceful and orderly transition. That’s what the American people deserve. Yesterday, I also spoke with Vice President Harris. She’s been a partner and a public servant. She ran an inspiring campaign and everyone got to see something that I learned early on to respect so much: her character. She has a backbone like a ramrod. She has great character — true character. She gave her whole heart and effort, and she and her entire team should be proud of the campaign they ran. Remember, a defeat does not mean we are defeated. We lost this battle. The America of your dreams is calling for you to get back up. The American experiment endures. We’re going to be OK, but we need to stay engaged. We need to keep going. And above all, we need to keep the faith.
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43 monkeys escape from a South Carolina medical lab. Police say there is no serious danger
Forty-three monkeys escaped from a compound used for medical research in South Carolina but the nearby police chief said there is “almost no danger” to the public.
“They are not infected with any disease whatsoever. They are harmless and a little skittish,” Yemassee Police Chief Gregory Alexander said Thursday morning.
The Rhesus macaque primates escaped from the Alpha Genesis facility Wednesday when a new employee didn’t fully shut an enclosure, Alexander said.
The company usually handles escapes on site, but the monkeys got outside the compound about 1 mile (1.6 kilometers) from downtown Yemassee, Alexander said.
“The handlers know them well and usually can get them back with fruit or a little treat,” Alexander told The Associated Press by phone.
But rounding up these escapees is taking some more work. Alpha Genesis is taking the lead, setting up traps and using thermal imaging cameras to recapture the monkeys on the run, the chief said.
“There is almost no danger to the public,” Alexander said.
People living nearby need to shut their windows and doors so the monkeys can’t find a place to hide inside and if they see the primates, call 911 so company officials and police can capture them.
Alpha Genesis provides primates for research worldwide at its compound about 50 miles (80 kilometers) northeast of Savannah, Georgia, according to its website. The company did not respond to an email asking about Wednesday’s escape.
In 2018, federal officials fined Alpha Genesis $12,600 after dozens of primates escaped as well as for an incident that left a few others without water and other problems with how the monkeys were housed.
Officials said 26 primates escaped from the Yemassee facility in 2104 and an additional 19 got out in 2016.
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