Sunday, 8 Dec 2019

AMA urges total ban on all e-cigarette, vaping products

Rights violations in Nicaragua upset 'constitutional order': OAS

MANAGUA (Reuters) – The Organization of American States (OAS) said in a statement on Tuesday that human rights violations and the overall situation in Nicaragua since April 2018 have upset the “constitutional order” in the Central American country.

European Economics Preview: UK Inflation Data Due

Consumer prices from the UK and industrial production from euro area are due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Germany’s final consumer price data is due. Inflation is expected to match the flash estimate of 1.1 percent in October.

At 3.00 am ET, industrial production figures are due from Hungary.

Half an hour later, Statistics Sweden releases inflation data for October. Inflation is seen at 1.6 percent versus 1.5 percent in September.

At 4.30 am ET, the Office for National Statistics is scheduled to release UK consumer and producer prices for October. Inflation is forecast to ease slightly to 1.6 percent from 1.7 percent in September.

Economists forecast UK output prices to climb 0.9 percent, while input prices to fall 4.7 percent annually in October.

At 5.00 am ET, Eurostat is slated to issue euro area industrial production for September. Industrial output is expected to fall 0.2 percent on a monthly basis, following a 0.4 percent rise in August.

‘The Old Man’ Co-Star Leem Lubany Inks With Paradigm

EXCLUSIVE: Leem Lubany, who is up next starring with Jeff Bridges and John Lithgow on the new  FX series The Old Man, has signed with Paradigm. She will be represented in all areas.

Spy drama The Old Man is one of four series originally developed and ordered by FX that will debut exclusively on Hulu. Written by Jon Steinberg & Robert Levine, it also stars John Lithgow, Amy Brenneman, Alia Shawkat, Austin Stowell and EJ Bonilla and is expected to premiere in fall 2020.

Lubany most recently played Gabrielle Joubert on the the Audience Network spy series Condor, and recently wrapped BBC miniseries Baghdad Central for Channel 4 in the UK starring Cory Stoll.

On the film side, Lubany’s credits include Hany Abu-Assad’s Omar, nominated for the Foreign Language Oscar in 2014. She has also appeared in Rock the Kasbah with Bill Murray and Saint Judy alongside Michelle Monaghan and Alfred Molina.

She continues to be repped by Hannah Hodgkinson in the UK, manager Sandy Erickson and attorney Dave Feldman.

How Many Children Live in Poverty in Your State

Close to 13 million children residing in the United States live in families with incomes below the federal poverty line, a threshold shown to underestimate the financial needs of American households. Here are 25 facts of life the federal poverty rate completely ignores.

Even in countries that are not the world’s richest, high levels of child poverty are shameful and frequently lead to bad outcomes for a society. In the United States, although child poverty has dropped by half over the past 50 years, the current level remains a serious problem. 

Certain factors and circumstances may help keep children out of poverty, while others may push them into poverty. For example, refundable tax credits helped prevent millions of families with children from falling into poverty, while medical care costs and health insurance premiums resulted in more families with children falling into poverty. Here at 15 states where poverty is worse than you think.

24/7 Wall St. reviewed data from the U.S. Census Bureau’s 2018 American Community Survey. Childhood poverty refers to the share of children under the age of 18 living in households with incomes below the poverty threshold. The poverty threshold varies by family size and composition. In 2018, the Census Bureau poverty threshold for a family of three with one child under 18 years old was $20,212.

Click here to see how many children live in poverty in your state

Carl Icahn is betting big on mall owners to fail

Investors have lost hundreds of millions of dollars wagering that struggling mall owners won’t be able to pay their debts. Those losses haven’t deterred Carl Icahn from making the same bet.

The billionaire investor stands to gain $400 million or more if mall owners run into challenges servicing their debt, according to people familiar with the matter. Icahn likely is the largest short seller of mall debt, traders in market said.

The 83-year-old investor placed his bet in recent months and has suffered early losses, people familiar with the matter said.

Icahn’s trade puts him on a collision course with two of the largest money managers, including Putnam Investments and AllianceBernstein Holding LP, which are more upbeat on malls.

The face-off is “the biggest battle in the mortgage bond market today,” said Dan McNamara, a principal at MP Securitized Credit Partners, a New York hedge fund. He said the showdown is the talk of this corner of the bond market, where more than $10 billion of potential profits are at stake on an obscure index.

An expanded version of this report appears on WSJ.com.

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AMA urges total ban on all e-cigarette, vaping products

The American Medical Association is calling for an immediate ban on all electronic cigarettes and vaping devices.

The group adopted the sweeping stance Tuesday at a policy-making meeting in San Diego. It aims to lobby for laws, regulations or legal action to achieve a ban, but the industry is sure to fight back.

The AMA cited the surge in teen e-cigarette use. The group also said the recent outbreak of lung illnesses linked to vaping shows how little is known about the health consequences. Most of those sickened said they vaped THC, the high-inducing ingredient in marijuana, not nicotine.

The policy singles out e-cigarette and vaping products not approved to help people quit smoking. But none have been approved yet for that use by the U.S. Food and Drug Administration.

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