Reuters World News - Arizona's big Super Bowl bet

Episode Date: February 10, 2023

We're on the ground in Arizona ahead of the Super Bowl to get a read on whether the billion-dollar event pays off for locals. Then, in New York, we take a look at what to expect at Fashion Week. Plus all the latest developments on the Turkey-Syria earthquake, Ukraine and the global business headlines moving markets. Learn more about your ad choices. Visit megaphone.fm/adchoices

It's Super Bowl weekend, folks. As America readies, the chips and guack, we're on the ground at bars and restaurants in Phoenix, Arizona, to get a read on how small businesses are prepping for this billion-dollar event. And if NFL isn't your thing, we've got the skinny on New York Fashion Week. Be warned, the 1990s comeback isn't fading fast. It's Friday, November 10th. This is Reuters World News,

with frontline reporting and insights you can trust in 10 minutes. I'm Kim Vinal in London. But first, the headlines. We start with the latest on the devastating earthquake in Syria and Turkey. As the death toll surpasses 20,000, the scale of the humanitarian disaster is only beginning to be understood. Cold and hunger and despair have gripped survivors still searching for loved ones. This is rescuers calling out to Bacier Yilders, a six-year-older boy. in Diyarbakur in Turkey.

Bessir yells that his body aches and he begs for water. Nearly 30 minutes later, the rescuers managed to free him. He was under the rubble for 80 hours. Hopes are fading now that many more like Bersir will be found in the ruins of entire cities and towns. Anger is simmering over delays in rescue efforts and delivering aid. In Turkey, President, Rejep Taip-Eyip Erdogan is under pressure to show that his government can ramp up its response.

The disaster has cast doubt over whether the May 14th election will go ahead at that time. Meanwhile, in Syria, there are pleas for President Bashar al-Assad to allow more international aid. Here's UN Secretary-General Antonio Guterres. We must put people first. A lot of important business news is breaking around the world this morning. First off in Delhi, it's more bad news. news for Indian billionaire Galtam Adani. Arroyter's Bureau is reporting that Indian regulators are now probing his company's links

to investors in its aborted $2.5 billion share sale. Once Asia's richest person, Adani's net worth has tumbled after a short-seller released a report accusing it of improper use of offshore tax havens and stock manipulation. Adani denies the charges. And in Germany, Kanye West is pummeling. Figuidass, figuratively speaking. The German sports brand is stuck with piles of the rapper's Yeezy line of sneakers.

Its shares dropped more than 10%. Now, you can dig deeper and follow the market reaction to all of these developing stories at Reuters.com. President Joe Biden, under fire from some lawmakers for not acting early enough, now says the Chinese spy balloon was not a major security breach. But Biden said in a Noticias Telemundo interview that he had no regret.

about waiting until it was over the water. This thing was gigantic. What happened if it came down and hit a school in the rural area? So I told them as soon as they can shoot it down, shoot it down. The president of Ukraine, his excellency, Volodomir Zelensky. Ukrainian president, Volodymyr Zelensky, is making the most of his rare time outside the country. After an unexpected trip to the UK and Paris, Zelensky headed to Brussels, to woo the Europeans into providing planes.

Waiters, Andrew Gray witnessed the action and filed this voice note from the European Council. The Parliament often struggles to get a lot of public attention. It does a lot of nitty-gritty legislation. But today it was really in the global spotlight. Zelensky got a standing ovation from members of the Parliament. Many of them were wearing blue and yellow in support of Ukraine. Then Zelensky came to the European Council building, where I am now. That's where EU leaders hold their summit.

And he also drew a crowd. Zelensky's message to the leaders was that Ukraine needs even more than they've already provided, particularly long-range rockets and fighter jets. He said he'd got positive signals from several leaders on that front, but we haven't seen any immediate announcements. All right, fashion fans, get your spray-painted dresses ready. It is New York Fashion Week. For this autumn winter collection, social media is opening up once exclusive catwalking. shows to viewers around the world. Reuters, Alicia Powell, unpacks what it takes to create a buzz. Alicia, hello, nice to talk to you.

Nice to talk to you too. So what will be the key themes to watch out for this edition of New York Fashion Week? I think one of the key things will be viral moments. I think we saw in Paris all of these kind of clickable, clickbait, moments with Doja Cat and the crystals or Kylie Jenner with the lion's head. The lion head. Exactly.

Bizarre. I think exactly very bizarre. But I think designers realize that in order to keep momentum after a show, you got to shock people and make people want to Google you. They want those clicks. That's money. The expert I spoke to before Fashion Week said that TikTok will also be creating what we're going to be seeing. So those core trends from Barbie core to ballet core to cottage core to grandmama chic or whatever it is,

all those type of things we'll see on the runway because that's what people are talking about. People are threatening now even more Y2K revival. Honestly, I thought it had reached its peak. What is going to happen next? Like, what do we expect to see on the runway? Are we going to see everyone with like pencil-thin eyebrows again? Please tell me no. I know, right?

Everything old is new again, vice versa, whatever. Yeah. The expert I spoke to mentioned puffy sleeves and puffy accessories and oversized purses and sunglasses. So kind of grungy, the things you did in high school in the 90s, if you were in high school in the 90s, if not Google it. I don't think anyone wants to see what I look like in high school in the 90s. It was not cool. Exactly. I think I'm just showing my age. Maybe I should really be trying to get on board with this. I still have some of my stuff from the 90s. So yeah, well, that's the bonus, right, of being our age is you just recycle it, just bring it back out.

Exactly. All right. Well, I'm going to go and rummage back through my wardrobe from the 90s and see what I can recycle or upcycle. It'll be authentic. Yeah, exactly. All right. Thank you so much, Alicia. No, thank you. Now, we couldn't end this week without getting the lowdown on one of the biggest sporting events on the calendar, the Super Bowl. Royter's Amy Tennery is there to give us the latest. Amy Tennery, I want to preface this by saying the only thing I know about the Super Bowl is who's playing and that Rihanna is doing the halftime show. But so start by telling me, I guess, how are the vibes there? Like, how is the town dealing with finding this big Super Bowl circus rolling in?

I think Thursday, you know, through Friday and Saturday, we're going to see an explosion of people coming from out of town. I've spoken to the host city and the mayor of Phoenix, the mayor of Glendale, and they've hosted something like 5,000 volunteers across the city to deal with this massive information. flux. I think there's as many as 100,000 out-of-towners expected to come, which, of course, way exceeds the capacity at the stadium. So I think we're going to see restaurants overflowing with people, shops getting a lot more business than what they might be used to.

Because I know nothing about football, if I was going to guess who would win, I would literally be flipping a coin. But you're the expert. You tell me, who are people betting on? Who are the favorites to win. The betting line right now is razor thin. When I last checked, I think the spread was one and a half points, which is just a remarkably close call. It's exciting. That makes it exciting. So what are the big kind of headlines this year? One of the biggest one is this is the first year that two black quarterbacks have played each other in a Super Bowl. That's sort of incredible and for all the wrong reasons. You know, this is a league where some 60 to 70 percent of the players are black. I would also say another key storyline is this is the youngest quarterback matchup we've ever

seen their combined age. I think it's about 51 years old, which is actually only six years older than Tom Brady, who just retired. So it's really a look at the next generation of talent that is already here, which is super exciting. I have spoken also with a lot of the organizers, as I mentioned, about, you know, some of the upsides and the pitfalls of course of hosting. Next year, it's going to go to Las Vegas. And hosting Super Bowl can be a little bit of a gamble, right? I spoke to city manager of Glendale, where the stadium is actually located. And he said that they're going to be investing about $4 million in city money.

And they're not going to recoup that right away. All right. Amy Tennery, thank you so much. Thank you so much. Take care. Four million dollars. So is it worth? Worth it for Arizona.

For local business owner, Chris Walker of Ingo's tasty food and his staff, it's a yes. We're seeing people that you don't typically get in Arizona, let alone in downtown Phoenix. So that's been fun. Actually, we are closing at 4 p.m. that day. So giving our employees a night off will be exciting for them to rest up. It's been a long, hard week. Stephen Rivera, of local restaurant Blanco, is also loving the extra custom, up to a point. I'd say like 50% increase of traffic.

I mean, my commute to works about doubling right now. Get the snacks and quick guys to beat those lines. I'm sure you won't need us to update you on the winner come Monday. That's it for this edition of Royter's World News. In the meantime, you can find more trusted news at roiters.com.