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Answers from COVID experts: How do you talk to family members who aren’t vaccinated? How can the vaccines be safe if they were developed so quickly? Is natural immunity better than being vaccinated?

A panel of experts answer questions about vaccines and other COVID-related issues in a discussion with The Conversation.

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With the holiday season approaching, people wait to receive a COVID-19 vaccination in Montréal as the pandemic continues in Canada and around the world. THE CANADIAN PRESS/Graham Hughes

The Conversation Canada and McMaster University recently co-hosted a live event on vaccine hesitancy. Editor-in-Chief Scott White spoke with four researchers from McMaster: Medical doctor, educator and researcher Zain Chagla; immunologist Dawn Bowdish; Manali Mukherjee, an assistant professor in the division of respirology at McMaster’s department of medicine; political scientist Clifton van der Linden, who has been conducting ongoing public opinion surveys on COVID-19. Viewers submitted questions to the panel. This is an edited excerpt from the discussion, but you can watch the entire event in the video below.

Scott White: How many of you have a vaccine hesitant person in your inner circle? What have you tried to say to them to persuade them that vaccines are safe?

Dawn Bowdish: All the good practices that I use with strangers, I have a hard time implementing with my own family. I think one of the important parts about vaccine hesitancy is it’s not my facts versus your facts and I have all the right facts and you have all the wrong facts, because people who are vaccine hesitant have lots of information, and there’s no metric to say that makes them feel that my information is better than theirs. So I feel like listening to people’s concerns and being really specific and not making judgment calls about what their concerns might be. Because to be honest, the vaccine hesitancy spectrum is huge. So where I have gone wrong with my own family is doing all the things that you shouldn’t do. I talked more than I listened. I threw scientific facts as opposed to listening to people’s stories and concerns. And I appealed to the authority. “I’ve got a PhD. I’ve been working on this for 20 plus years,” and that was a mistake. And so those are the things I would caution people against when you have your own conversations with your vaccine hesitant family members or friends.

Zain Chagla: We know from things like smoking cessation where the more times that conversation happens in a nonjudgmental and non-confrontational matter, it often ends up with the right outcome at the end of the day. So again, it’s not a conversation to win to the other side and get someone to the pharmacy that afternoon. It’s a conversation to start another conversation and start another conversation and keep going along those lines.

Scott White: Cliff, you’ve done a lot of work on taking the public pulse on this. What have you learned on trying to convince someone?

Clifton van der Linden: Certainly, no matter how we model the public opinion data coming in on attitudes towards COVID-19, when it comes to vaccine hesitancy, trust is really the major factor. I think we are in an era where there’s a real sense of anti-intellectualism that’s being cultivated in certain corners of the internet. I think the social media discourse has a huge role to play in the way that trust has eroded as a society. But there are factors in the way that government has conducted itself. There are factors in the bad faith in which certain public actors have conducted themselves. And so there are lots of reasons for mistrust at an institutional level. So I do think that trying to ground conversations with people we love in that framework of trust, knowing that we are concerned about them, that we’re approaching them not because we want to be right but because the consequences of them being wrong are so dire for themselves and for our families and loved ones.

Click here for more articles in our series about vaccine confidence.

Why are there such strong reactions against vaccines?

Scott White: One thing that’s always puzzled me is that there seems to be this really rabid reaction against vaccines, but not other medical procedures like surgery, which is far more invasive, or taking medicine. What is it about vaccines that really seems to cause this hesitancy or resistance?

Dawn Bowdish: My belief is that it’s partly because it’s a needle and partly because there’s this big mystery about how the immune system works and how it (the vaccine) could be so powerful. The active ingredients in our current vaccines is like 10 micrograms. If you look in your medicine cabinet at your Tylenol, your Advil or whatever, you’ll see that we work in milligrams. But 10 micrograms, a thousand times less, has this incredible powerful effect to be able to create a whole immune response. The amount of stuff that’s in the vaccine is negligible. It’s nothing. But this incredibly powerful immune event, I think is a little bit humbling in some ways.

Clifton van der Linden: I think that especially in the last five or six years, we have been flooded with discussions of fake news, misinformation, disinformation. I mean, we are told not to trust what we hear from government, depending on who’s running government. The idea that you can trust one day and then not trust the next when there’s a change of party, it leaves people in the state of constant cynicism about the good faith I think particularly of elected officials, but also of government institutions in general. I think there’s a difference in Canada compared to countries like the U.S., where in Canada we do see that the public tends not to trust elected officials, but we still do have a lot of trust in our public health institutions in Canada.

The safety of vaccines that were developed so quickly

Scott White: At The Conversation, we’ve been running a series of articles about vaccine confidence and vaccine hesitancy and have been inviting questions from the public. And sort of one of the recurring questions that we get is that people seem to have trouble wrapping their head around the fact that the COVID vaccines have been developed so quickly and that scientists don’t know the long-term effects.

Dawn Bowdish: The apparent speed was based on decades of fundamental research. I love this as a story because often times as a university academic, the general public thinks we waste time working on things that are fundamentally unimportant. In fact, we did have mRNA based vaccines in the pipeline for many different infections. One of the beauties of the mRNA technology is that it’s fairly easy to alter. Many of the features of vaccination – the dosing intervals, the amount of doses, how we de develop things for kids and for adults and older people – are all based on decades and decades of experience.

Pregnancy and vaccines

Scott White: We get a lot of questions about the potential impact of vaccines on fertility. Zain, from a medical perspective, what are the dangers of not being vaccinated if you are pregnant?

Zain Chagla: Look, no one is going to deny that most people do get through their infections and don’t die. I think we know this very well, but it doesn’t say that everyone is safe. We do know that elderly people are much more at risk of complications. We know what people with comorbidities are in much more risk of complications. And we have seen young people, who despite looking great on paper, are sitting in our ICUs ventilated, because again, once this virus gets out of control, once the immune system gets super jacked up, it really can cause chaos. And we sometimes don’t know who is that person that it’s going to be chaotic in and not. Pregnant women, I think we’re recognizing much more are in that risk group now. And then we have seen some fairly sick pregnant women. They’re physiologically unwell. They’re obviously carrying a baby. The concerns of having severe COVID not only in the mother, but in the baby, are also a major issue. Unfortunately, we’ve had to deliver babies prematurely for the fact that it would spare the mother their lives more and then make their mother’s oxygenation better.

Dawn Bowdish: We don’t have a single example of a vaccine leading to long term fertility issues or leading to, I don’t even know what people are envisioning with the context of fertility, but the immune system attacking your ovaries or whatever. And in fact, all those mythologies I think were incredibly clever by the anti-vax group. Because if you’re a parent, what more do you want than grandchildren? And so what is going to trigger your emotional response and your desire to wait and to see more than that threat?

What is long COVID?

Scott White: Manali, you’ve not only researched long COVID, but you’re dealing with it personally. I’m not sure that people fully understand the term and the impact that it can have on your life. So can you tell us about that? And then also speak about the best way to avoid it.

Manali Mukherjee: A considerable proportion of people who have been infected with COVID-19, irrespective of how severe they were, whether they were in the hospital or whether they recover at home, they continue to have symptoms or actually develop new symptoms long after they have so-called recovered. So the public health gives you that call and tells you, “You know, you have recovered. If you’re feeling fine, go back to work.” But there are a number of people who still feel sick, who have lingering symptoms. These symptoms can range anywhere from chronic fatigue, sense of smell not being there, completely being distorted, having diffused pain, and of course all these can lead to anxiety, palpitations and cognitive impairment. So it’s a constellation of symptoms that’s kind of lingering. And none of these symptoms can be attributed to a clinical diagnosis that they either had before getting COVID. We are trying to look at what might be the reason behind it. I have reasons to believe that it’s deep seated within the immune system. I think that after having COVID, the immune system is still so hyper and it still thinks that the virus is possibly hiding somewhere or there is something still going on and the symptoms are a clinical manifestation of that misunderstanding that the immune system has. So that’s what we are trying to right now unravel and understand and makes sense.

Scott White: Who’s more susceptible to long COVID? Is it younger people? Older people? Do we know?

Manali Mukherjee: In my study, I’m seeing people from all age groups, all ethnicities coming in. Even asymptomatic people, people who have the infection, PCR positive test was in asymptomatic. Now they’re having symptoms. So really, we don’t know who’s going to get affected, why they’ll be affected. And worse, we just don’t know when this will stop or whether it will. What worries me right now is we don’t know much right now about the long COVID cases that we have from the original virus, the Wuhan virus to the alpha, beta, delta strains, how long COVID symptoms vary. And now the omicron has come in where we don’t know how it’s really going to be affecting our immune system given that it seems to have a higher transmissibility. And having been said, despite having a milder load, we don’t know how it’s going to really affect those with a longer COVID kind of situation. Will it affect more people with lingering, longer persisting symptoms than actually having a more severe acute infection phase? We don’t know. If you are vaccinated, there is data out there that it kind of reduces your long COVID symptoms. So if you are vaccinated and then still you get omicron, the logic tells me that your immune system might be a better streamlined, the way Dawn said, to handle that infection in a better mode as to not confuse it and make it more rowdier and lead to those lingering long COVID symptoms. So that is again another thing that tells me that vaccination and taking the boosters might actually be in our benefit as a society and community going towards natural immunity or herd immunity.

Natural immunity vs. vaccine immunity

Scott White: There’s been a lot of discussion about herd immunity and on social media, instant experts say natural immunity is better than being vaccinated. Dawn, tell us about herd immunity and natural immunity versus vaccinated – especially as we’re now dealing with the omicron variant.

Dawn Bowdish: Well, I mean, Manali just gave you an example of natural immunity, right? Long COVID is a natural immune response in some people. I don’t think there’s anything unnatural about a vaccine response. It’s giving your immune system the opportunity to work without distraction, right? So when you get infected with a virus, the virus doesn’t just say, “Oh, whoa. It was me. The immune system’s coming to get me.” It’s destroying tissues. The immune system in many cases is misdirecting and attacking those tissues. So some of the tissue damage we see is mediated by natural immunity, because it gets confused where there’s tissue damage in the context of infections. So natural immunity works sometimes, but vaccine immunity is natural immunity. It’s immunity working without distraction, letting the immune system do its thing without having this virus that’s fighting back and trying to thwart it. The thing about herd immunity is, let’s go back to a time before we had vaccines, antibiotics and doctors. One in three to one in five children died. There were more miscarriages, spontaneous abortions and babies born with severe complications because having an infection during pregnancy is problematic. Sure, if you were one of the lucky ones to survived your first birthday, you might have some level of protection until you got older or until you’ve had some immune compromising event or other illness. So a herd immune system gives a small percentage of the population a little bit of time to be protected from that. But as soon as a new baby’s born, a new pregnancy started, that susceptibility happens all over again. So the idea that we would just let a new virus run rampant in a population and take those risks to the young, the old, the random healthy adults is just cruel from my perspective. Really cruel. The best way for us to reach herd immunity is to get us all vaccinated.

Zain Chagla: Right now our health-care system is burned to a crisp. We can’t deal with our current caseloads because we have complex patients coming in every day. We have ICU beds that are still allotted for COVID patients and we have health-care workers that are burnt out and have left the profession and are not coming back. So there is a lot of worry in the coming weeks and months as this circulates, that we’re going to see health systems overload. We’re going to see a lot of people test positive regardless of the vaccine status. And we’re going to see a lot of isolation and complications from that. The good news out of all of this though, is boosters do seem to really change the dynamic of vaccines and offer higher level of protection. We’re getting better data by the day that really is suggesting this. And so, I think there is work being done right now across the country, in particular Ontario, to make sure people do have access to a booster shot when their time comes.

A lack of trust in expertise

Scott White: Some people don’t trust government. They don’t trust pharmaceutical companies. And although they may trust their personal doctor, they don’t trust intellectuals and they don’t trust people at universities. Why is that Cliff?

Clifton van der Linden: We’ve seen a rise in populism throughout western democracies. And along with that rising populism, we’ve seen an unprecedented strain of anti-intellectualism, rejection of science in ways that we have not seen in the post-war era. So I think this is tied up in ideological convictions of partisanship, but really also in polarization. It’s no longer acceptable to have reasonable disagreements. I do think that the structure of public discourse on social media has conditioned us in such a way as to stick to our guns no matter what, to really not be permitted to make mistakes or reverse our judgment even if that means rejecting the decades of scientific research that have been undertaken. And then also looking for signals that substantiate that existing bias that one has.

Isolation is not a protection strategy

Scott White: We had a question sent in to us about someone who’s homeschooled their kids and therefore they believe that that minimizes exposure to others. Again, you hear this from some people. “I don’t get out much” or “I don’t work in an office” or “I work outside, so therefore I don’t really need to be vaccinated.” How would you respond to someone who said something like that?

Zain Chagla: I have seen people who have tried their best to isolate people that were homebound, but are reliant on certain people to be in their environment for their care that have gotten COVID. So number one, reducing your contacts and staying at home will reduce your risk, but it’s fallible. There are ways that people can get through it. People have to still go to the grocery store, people eventually have to see family, people have to get in public transit, and other ways that people came at exposed. Number two, there is this overlying belief that COVID-19 is somehow going to disappear from the face of this earth. And it’s not, right? This is going to be one of our endemic viruses. It’s not there yet. We’re still seeing epidemic spread, but this is going to be there today, it’s going to be there tomorrow, it’s going to be there the next day. And so, unless you plan on you and your family living a lifestyle where you’re going to be homeschooled and staying at home for the foreseeable decade or two, you’re going to encounter COVID at some point or another. And again, the best thing you can do for your body is have immunity to the virus and have a head start so that when you are encountering this virus, you can deal with it.

Can minds be changed at this stage?

Scott White: Cliff, as someone who’s taking the pulse of the public all the time, do you think that at this stage, almost a year to when the vaccines have been available, is there anything that can be done to convince those who haven’t been vaccinated to actually make that decision now?

Clifton van der Linden: I think there are some difficult decisions that policy makers have to engage with around this. We’ve seen the efficacy of mandatory vaccinations in certain sectors that has led to people who don’t want to be vaccinated, but nevertheless have made the decision to be vaccinated based on the policies that were put in place. That’s not something that should be done lightly. I think there are reasonable concerns about the government imposing mandatory measures, but there are choices to be made about the collective health of the population. And I will say that what we see in the data of public opinion is that the people who are reluctant to get vaccinated are not a homogenous group. There are different clusters within that group who have different motivations, ideas. They’re basing their decisions on different information and intuition and feelings. And they have different interactions with the public health-care system. But in terms of what we can do, I think it goes back to almost the beginning of the conversation and the really insightful things that my colleagues on this panel have spoken about, which is certainly any frame or any conversation that seeks to patronize or belittle the reasons that people have for not getting vaccinated is probably not going to end up being a successful path to convincing them otherwise. And these are not by and large people who haven’t read anything or who haven’t looked up information in the vaccine or who haven’t taken this very seriously. They do take it seriously. They read a lot about it. But there have been decades of concerted efforts to undermine science when it conflicts with certain interests. Look at the science on climate change for example. This is not something that’s new that has eroded confidence in science in general. We have also consistently underfunded STEM in our public education systems. And that lack of funding has led to an inability to discern authentic information from disinformation and misinformation in the broader public. So it’s almost a perfect storm of institutional and political failings that has led us at this point. I don’t fault individuals by and large. I think we have to think about the system that has led us to the place in which we are now.

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Shakira’s net worth

After 12 albums, a tax evasion case, and now a towering bronze idol sculpted in her image, how much is Shakira worth more than 4 decades into her care…

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Shakira’s considerable net worth is no surprise, given her massive popularity in Latin America, the U.S., and elsewhere. 

In fact, the belly-dancing contralto queen is the second-wealthiest Latin-America-born pop singer of all time after Gloria Estefan. (Interestingly, Estefan actually helped a young Shakira translate her breakout album “Laundry Service” into English, hugely propelling her stateside success.)

Since releasing her first record at age 13, Shakira has spent decades recording albums in both Spanish and English and performing all over the world. Over the course of her 40+ year career, she helped thrust Latin pop music into the American mainstream, paving the way for the subsequent success of massively popular modern acts like Karol G and Bad Bunny.

In late 2023, a 21-foot-tall bronze sculpture of Shakira, the barefoot belly dancer of Barranquilla, was unveiled at the city's waterfront. The statue was commissioned by the city's former mayor and other leadership.

Photo by STR/AFP via Getty Images

In December 2023, a 21-foot-tall beachside bronze statue of the “Hips Don’t Lie” singer was unveiled in her Colombian hometown of Barranquilla, making her a permanent fixture in the city’s skyline and cementing her legacy as one of Latin America’s most influential entertainers.

After 12 albums, a plethora of film and television appearances, a highly publicized tax evasion case, and now a towering bronze idol sculpted in her image, how much is Shakira worth? What does her income look like? And how does she spend her money?

Related: Dwayne 'The Rock' Johnson's net worth: How the new TKO Board Member built his wealth from $7

How much is Shakira worth?

In late 2023, Spanish sports and lifestyle publication Marca reported Shakira’s net worth at $400 million, citing Forbes as the figure’s source (although Forbes’ profile page for Shakira does not list a net worth — and didn’t when that article was published).

Most other sources list the singer’s wealth at an estimated $300 million, and almost all of these point to Celebrity Net Worth — a popular but dubious celebrity wealth estimation site — as the source for the figure.

A $300 million net worth would make Shakira the third-richest Latina pop star after Gloria Estefan ($500 million) and Jennifer Lopez ($400 million), and the second-richest Latin-America-born pop singer after Estefan (JLo is Puerto Rican but was born in New York).

Shakira’s income: How much does she make annually?

Entertainers like Shakira don’t have predictable paychecks like ordinary salaried professionals. Instead, annual take-home earnings vary quite a bit depending on each year’s album sales, royalties, film and television appearances, streaming revenue, and other sources of income. As one might expect, Shakira’s earnings have fluctuated quite a bit over the years.

From June 2018 to June 2019, for instance, Shakira was the 10th highest-earning female musician, grossing $35 million, according to Forbes. This wasn’t her first time gracing the top 10, though — back in 2012, she also landed the #10 spot, bringing in $20 million, according to Billboard.

In 2023, Billboard listed Shakira as the 16th-highest-grossing Latin artist of all time.

Shakira performed alongside producer Bizarrap during the 2023 Latin Grammy Awards Gala in Seville.

Photo By Maria Jose Lopez/Europa Press via Getty Images

How much does Shakira make from her concerts and tours?

A large part of Shakira’s wealth comes from her world tours, during which she sometimes sells out massive stadiums and arenas full of passionate fans eager to see her dance and sing live.

According to a 2020 report by Pollstar, she sold over 2.7 million tickets across 190 shows that grossed over $189 million between 2000 and 2020. This landed her the 19th spot on a list of female musicians ranked by touring revenue during that period. In 2023, Billboard reported a more modest touring revenue figure of $108.1 million across 120 shows.

In 2003, Shakira reportedly generated over $4 million from a single show on Valentine’s Day at Foro Sol in Mexico City. 15 years later, in 2018, Shakira grossed around $76.5 million from her El Dorado World Tour, according to Touring Data.

Related: RuPaul's net worth: Everything to know about the cultural icon and force behind 'Drag Race'

How much has Shakira made from her album sales?

According to a 2023 profile in Variety, Shakira has sold over 100 million records throughout her career. “Laundry Service,” the pop icon’s fifth studio album, was her most successful, selling over 13 million copies worldwide, according to TheRichest.

Exactly how much money Shakira has taken home from her album sales is unclear, but in 2008, it was widely reported that she signed a 10-year contract with LiveNation to the tune of between $70 and $100 million to release her subsequent albums and manage her tours.

Shakira and JLo co-headlined the 2020 Super Bowl Halftime Show in Florida.

Photo by Kevin Winter/Getty Images)

How much did Shakira make from her Super Bowl and World Cup performances?

Shakira co-wrote one of her biggest hits, “Waka Waka (This Time for Africa),” after FIFA selected her to create the official anthem for the 2010 World Cup in South Africa. She performed the song, along with several of her existing fan-favorite tracks, during the event’s opening ceremonies. TheThings reported in 2023 that the song generated $1.4 million in revenue, citing Popnable for the figure.

A decade later, 2020’s Superbowl halftime show featured Shakira and Jennifer Lopez as co-headliners with guest performances by Bad Bunny and J Balvin. The 14-minute performance was widely praised as a high-energy celebration of Latin music and dance, but as is typical for Super Bowl shows, neither Shakira nor JLo was compensated beyond expenses and production costs.

The exposure value that comes with performing in the Super Bowl Halftime Show, though, is significant. It is typically the most-watched television event in the U.S. each year, and in 2020, a 30-second Super Bowl ad spot cost between $5 and $6 million.

How much did Shakira make as a coach on “The Voice?”

Shakira served as a team coach on the popular singing competition program “The Voice” during the show’s fourth and sixth seasons. On the show, celebrity musicians coach up-and-coming amateurs in a team-based competition that eventually results in a single winner. In 2012, The Hollywood Reporter wrote that Shakira’s salary as a coach on “The Voice” was $12 million.

Related: John Cena's net worth: The wrestler-turned-actor's investments, businesses, and more

How does Shakira spend her money?

Shakira doesn’t just make a lot of money — she spends it, too. Like many wealthy entertainers, she’s purchased her share of luxuries, but Barranquilla’s barefoot belly dancer is also a prolific philanthropist, having donated tens of millions to charitable causes throughout her career.

Private island

Back in 2006, she teamed up with Roger Waters of Pink Floyd fame and Spanish singer Alejandro Sanz to purchase Bonds Cay, a 550-acre island in the Bahamas, which was listed for $16 million at the time.

Along with her two partners in the purchase, Shakira planned to develop the island to feature housing, hotels, and an artists’ retreat designed to host a revolving cast of artists-in-residence. This plan didn’t come to fruition, though, and as of this article’s last update, the island was once again for sale on Vladi Private Islands.

Real estate and vehicles

Like most wealthy celebs, Shakira’s portfolio of high-end playthings also features an array of luxury properties and vehicles, including a home in Barcelona, a villa in Cyprus, a Miami mansion, and a rotating cast of Mercedes-Benz vehicles.

Philanthropy and charity

Shakira doesn’t just spend her massive wealth on herself; the “Queen of Latin Music” is also a dedicated philanthropist and regularly donates portions of her earnings to the Fundación Pies Descalzos, or “Barefoot Foundation,” a charity she founded in 1997 to “improve the education and social development of children in Colombia, which has suffered decades of conflict.” The foundation focuses on providing meals for children and building and improving educational infrastructure in Shakira’s hometown of Barranquilla as well as four other Colombian communities.

In addition to her efforts with the Fundación Pies Descalzos, Shakira has made a number of other notable donations over the years. In 2007, she diverted a whopping $40 million of her wealth to help rebuild community infrastructure in Peru and Nicaragua in the wake of a devastating 8.0 magnitude earthquake. Later, during the COVID-19 pandemic in 2020, Shakira donated a large supply of N95 masks for healthcare workers and ventilators for hospital patients to her hometown of Barranquilla.

Back in 2010, the UN honored Shakira with a medal to recognize her dedication to social justice, at which time the Director General of the International Labour Organization described her as a “true ambassador for children and young people.”

On November 20, 2023 (which was supposed to be her first day of trial), Shakira reached a deal with the prosecution that resulted in a three-year suspended sentence and around $8 million in fines.

Photo by Adria Puig/Anadolu via Getty Images

Shakira’s tax fraud scandal: How much did she pay?

In 2018, prosecutors in Spain initiated a tax evasion case against Shakira, alleging she lived primarily in Spain from 2012 to 2014 and therefore failed to pay around $14.4 million in taxes to the Spanish government. Spanish law requires anyone who is “domiciled” (i.e., living primarily) in Spain for more than half of the year to pay income taxes.

During the period in question, Shakira listed the Bahamas as her primary residence but did spend some time in Spain, as she was dating Gerard Piqué, a professional footballer and Spanish citizen. The couple’s first son, Milan, was also born in Barcelona during this period. 

Shakira maintained that she spent far fewer than 183 days per year in Spain during each of the years in question. In an interview with Elle Magazine, the pop star opined that “Spanish tax authorities saw that I was dating a Spanish citizen and started to salivate. It's clear they wanted to go after that money no matter what."

Prosecutors in the case sought a fine of almost $26 million and a possible eight-year prison stint, but in November of 2023, Shakira took a deal to close the case, accepting a fine of around $8 million and a three-year suspended sentence to avoid going to trial. In reference to her decision to take the deal, Shakira stated, "While I was determined to defend my innocence in a trial that my lawyers were confident would have ruled in my favour [had the trial proceeded], I have made the decision to finally resolve this matter with the best interest of my kids at heart who do not want to see their mom sacrifice her personal well-being in this fight."

How much did the Shakira statue in Barranquilla cost?

In late 2023, a 21-foot-tall bronze likeness of Shakira was unveiled on a waterfront promenade in Barranquilla. The city’s then-mayor, Jaime Pumarejo, commissioned Colombian sculptor Yino Márquez to create the statue of the city’s treasured pop icon, along with a sculpture of the city’s coat of arms.

According to the New York Times, the two sculptures cost the city the equivalent of around $180,000. A plaque at the statue’s base reads, “A heart that composes, hips that don’t lie, an unmatched talent, a voice that moves the masses and bare feet that march for the good of children and humanity.” 

Related: Taylor Swift net worth: The most successful entertainer joins the billionaire's club

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Delta Air Lines adds a new route travelers have been asking for

The new Delta seasonal flight to the popular destination will run daily on a Boeing 767-300.

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Those who have tried to book a flight from North America to Europe in the summer of 2023 know just how high travel demand to the continent has spiked.

At 2.93 billion, visitors to the countries making up the European Union had finally reached pre-pandemic levels last year while North Americans in particular were booking trips to both large metropolises such as Paris and Milan as well as smaller cities growing increasingly popular among tourists.

Related: A popular European city is introducing the highest 'tourist tax' yet

As a result, U.S.-based airlines have been re-evaluating their networks to add more direct routes to smaller European destinations that most travelers would have previously needed to reach by train or transfer flight with a local airline.

The new flight will take place on a Boeing 767-300.

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Delta Air Lines: ‘Glad to offer customers increased choice…’

By the end of March, Delta Air Lines  (DAL)  will be restarting its route between New York’s JFK and Marco Polo International Airport in Venice as well as launching two new flights to Venice from Atlanta. One will start running this month while the other will be added during peak demand in the summer.

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“As one of the most beautiful cities in the world, Venice is hugely popular with U.S. travelers, and our flights bring valuable tourism and trade opportunities to the city and the region as well as unrivalled opportunities for Venetians looking to explore destinations across the Americas,” Delta’s SVP for Europe Matteo Curcio said in a statement. “We’re glad to offer customers increased choice this summer with flights from New York and additional service from Atlanta.”

The JFK-Venice flight will run on a Boeing 767-300  (BA)  and have 216 seats including higher classes such as Delta One, Delta Premium Select and Delta Comfort Plus.

Delta offers these features on the new flight

Both the New York and Atlanta flights are seasonal routes that will be pulled out of service in October. Both will run daily while the first route will depart New York at 8:55 p.m. and arrive in Venice at 10:15 a.m. local time on the way there, while leaving Venice at 12:15 p.m. to arrive at JFK at 5:05 p.m. on the way back.

According to Delta, this will bring its service to 17 flights from different U.S. cities to Venice during the peak summer period. As with most Delta flights at this point, passengers in all fare classes will have access to free Wi-Fi during the flight.

Those flying in Delta’s highest class or with access through airline status or a credit card will also be able to use the new Delta lounge that is part of the airline’s $12 billion terminal renovation and is slated to open to travelers in the coming months. The space will take up more than 40,000 square feet and have an outdoor terrace.

“Delta One customers can stretch out in a lie-flat seat and enjoy premium amenities like plush bedding made from recycled plastic bottles, more beverage options, and a seasonal chef-curated four-course meal,” Delta said of the new route. “[…] All customers can enjoy a wide selection of in-flight entertainment options and stay connected with Wi-Fi and enjoy free mobile messaging.”

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Stock Market Today: Stocks turn lower as factory inflation spikes, retail sales miss target

Stocks will navigate the last major data releases prior to next week’s Fed rate meeting in Washington.

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U.S. stocks edged lower Thursday following a trio of key economic releases that have added to the current inflation puzzle as investors shift focus to the Federal Reserve's March policy meeting next week in Washington.

Updated at 9:59 AM EDT

Red start

Stocks are now falling sharply following the PPI inflation data and retail sales miss, with the S&P 500 marked 18 points lower, or 0.36%, in the opening half hour of trading.

The Dow, meanwhile, was marked 92 points lower while the Nasdaq slipped 67 points.

Treasury yields are also on the move, with 2-year notes rising 5 basis points on the session to 4.679% and 10-year notes pegged 7 basis points higher at 4.271%.

Updated at 9:44 AM EDT

Under Water

Under Armour  (UAA)  shares slumped firmly lower in early trading following the sportswear group's decision to bring back founder Kevin Plank as CEO, replacing the outgoing Stephanie Linnartz.

Plank, who founded Under Armour in 1996, left the group in May of 2021 just weeks before the group revealed that it was co-operating with investigations from both the Securities and Exchange Commission and the U.S. Department of Justice into the company's revenue recognition accounting.

Under Armour shares were marked 10.6% lower in early trading to change hands at $7.21 each.

Source: Under Armour Investor Relations

Updated at 9:22 AM EDT

Steely resolve

U.S. Steel  (X)  shares extended their two-day decline Thursday, falling 5.75% in pre-market trading following multiple reports that suggest President Joe Biden will push to prevent Japan's Nippon Steel from buying the Pittsburgh-based group.

Both Reuters and the Associated Press have said Biden will express his views to Prime Minister Kishida Yuko ahead of a planned State Visit next month at the White House. 

Related: US Steel soars on $15 billion Nippon Steel takeover; United Steelworkers slams deal

Updated at 8:52 AM EDT

Clear as mud

Retail sales rebounded last month, but the overall tally of $700.7 billion missed Street forecasts and suggests the recent uptick in inflation could be holding back discretionary spending.

A separate reading of factory inflation, meanwhile, showed prices spiking by 1.6%, on the year, and 0.6% on the month, amid a jump in goods prices.

U.S. stocks held earlier gains following the data release, with futures tied to the S&P 500 indicating an opening bell gain of 10 points, while the Dow was called 140 points higher. The Nasdaq, meanwhile, is looking at a more modest 40 point gain.

Benchmark 10-year Treasury note yields edged 3 basis points lower to 4.213% while two-year notes were little-changed at 4.626%.

Stock Market Today

Stocks finished lower last night, with the S&P 500 ending modestly in the red and the Nasdaq falling around 0.5%. The declines came amid an uptick in Treasury yields tied to concern that inflation pressures have failed to ease over the opening months of the year.

A better-than-expected auction of $22 billion in 30-year bonds, drawing the strongest overall demand since last June, steadied the overall market, but stocks still slipped into the close with an eye towards today's dataset.

The Commerce Department will publish its February reading of factory-gate inflation at 8:30 am Eastern Time. Analysts are expecting a slowdown in the key core reading, which feeds into the Fed's favored PCE price index.

Retail sales figures for the month are also set for an 8:30 am release as investors search for clues on consumer strength, tied to a resilient job market. Those factors could give the Fed more justification to wait until the summer months to begin the first of its three projected rate cuts.

"The case for a gradual but sustained slowdown in growth in consumers’ spending from 2023’s robust pace is persuasive," said Ian Shepherdson of Pantheon Macroeconomics. 

"Most households have run down the excess savings accumulated during the pandemic, while the cost of credit has jumped and last year’s plunge in home sales has depressed demand housing-related retail items like furniture and appliances," he added.

Benchmark 10-year Treasury yields are holding steady at 4.196% heading into the start of the New York trading session, while 2-year notes were pegged at 4.628%.

With Fed officials in a quiet period, requiring no public comments ahead of next week's meeting in Washington, the U.S. dollar index is trading in a narrow range against its global peers and was last marked 0.06% higher at 102.852.

On Wall Street, futures tied to the S&P 500 are indicating an opening bell gain of around 19 points, with the Dow Jones Industrial Average indicating a 140-point advance.

The tech-focused Nasdaq, which is up 7.77% for the year, is priced for a gain of around 95 points, with Tesla  (TSLA)  once again sliding into the red after ending the Wednesday session at a 10-month low.

In Europe, the regionwide Stoxx 600 was marked 0.35% higher in early Frankfurt trading, while Britain's FTSE 100 slipped 0.09% in London.

Overnight in Asia, the Nikkei 225 gained 0.29% as investors looked to a key series of wage negotiation figures from key unions that are likely to see the biggest year-on-year pay increases in three decades.

The broader MSCI ex-Japan benchmark, meanwhile, rose 0.18% into the close of trading. 

Related: Veteran fund manager picks favorite stocks for 2024

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