Citizens Financial CEO Wants to Keep Growing in Wealth Space

Three Problems Facing the Fed

Ray Dalio on Evergrande, China, Bitcoin and the Fed

“I Left Anonymous. Now I'm Back”

Calpers has Added Defensive Positions to Portfolio

Steve Chucri Resigns Effective November 5, 2021: This is His Statement....It was Time To Go

Carefully crafted to create proactive avoidance for consequences. Shifting the blame to politics

STATEMENT FROM MARICOPA COUNTY SUPERVISOR STEVE CHUCRI

It’s hard to believe I have been involved in Arizona politics now for 28 years.  When I first ran for Maricopa County Supervisor in 2012, I campaigned to bring civility, innovation and most importantly, a business mindset to government making it “Best in Class”.  We got off to a wonderful start and have had many successes.  Successes that I will always be proud to have played a role in. Unfortunately, the political landscape changed for the worst this year.  The environment is wrought with toxicity - and all civility and decorum no longer seem to have a place.  The fixation with the 2020 election results and aftermath have gotten out of control.  In recent days it has come to light that I was secretly recorded in conversations regarding differences with some of my colleagues about an audit of the 2020 election. The comments I made were during a very turbulent time. My colleagues have every right to be both angry and disappointed with me.  I should not have made such statements and offer my colleagues heartfelt apologies. I do not want to perpetuate the very problem I ran to eliminate several years ago.  While I have had my differences with my colleagues, I have known them to be good, honorable and ethical men.  The picture some individuals are trying to paint about a cover-up, scam and other nonsense about my colleagues and myself is simply false.  There was no cover-up, the election was not stolen. Biden won.  While my comments were critical, it doesn’t change the fact I have had the pleasure and honor to serve with these fine men and the dedicated employees of Maricopa County.  It has also been my honor to represent my District 2 constituents for 9 years. It is time for me to step aside and let the County and my colleagues meet the true potential of being the 4th largest and fastest growing County in America. Effective November 5, 2021 I will resign my office. Sincerely, Steve Chucri, District 2 Maricopa County Board of Supervisors www.maricopa.gov/steve 602-506-7431

Maricopa County • 301 W Jefferson St • Phoenix, AZ 85003

The Inside Story of the Ship That Broke Global Trade

Let's go there:

The six-day stranding of the Ever Given in the Suez Canal last March did something incredibly rare: it made regular people care about shipping, the means by which more than 80% of the world’s goods are transported.

It took only one wrong turn for the container ship to bring a critical trading artery to a standstill. This is how a $1 billion worth of cargo got stuck, freed and impounded as the courts took over.

Read Kit Chellel's full feature story in Bloomberg Businessweek:

Six Days in Suez: The Inside Story of the Ship That Broke Global Trade

How the Ever Given and its billion-dollar cargo got stuck, got free, got impounded, and got taken to court.

 

Rescue vessels in the Suez Canal work to dislodge the Ever Given on March 26.

 

PHOTOGRAPHER: AHMED GOMAA/XINHUA/ZUMA PRESS

By 

Kit Chellel

, 

Matthew Campbell

, and 

K Oanh Ha

June 23, 2021, 9:01 PM MST

SHARE THIS ARTICLE

Share

Tweet

Post

Email

Captain Krishnan Kanthavel watched the sun rise over the Red Sea through a dusty haze. Winds of more than 40 mph, whipping off the Egyptian desert, had turned the sky an anemic yellow. From his viewpoint on the bridge, it was just possible to see the dark outlines of the 19 other vessels anchored in Suez Bay, waiting for their turn to enter the narrow channel snaking inland toward the Mediterranean.

Megaphone.fm: Six Days in Suez by Listen to the Story

--------
Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_...
Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join
Subscribe to Quicktake Explained: https://bit.ly/3iERrup
QuickTake Originals is Bloomberg's official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello World, Giant Leap, Storylines, and the series powering CityLab, Bloomberg Businessweek, Bloomberg Green, and much more.
Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
Visit our partner channel QuickTake News for breaking global news and insight in an instant.