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NATO is accusing Russia of "malign activities" in its member states, including Germany and the UK. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe North Atlantic Treaty Organization on Thursday singled out Russia in a statement condemning "recent malign activities" in its member states. The treaty organization said these individuals' actions were part of an "intensifying campaign of activities" carried out by Russia. Amid the heightened tensions, NATO members have increasingly highlighted what they say are Russian clandestine activities in their own governments and institutions.
Persons: , Emmanuel Macron Organizations: NATO, North Atlantic Council, Service, Atlantic Treaty Organization, North Atlantic, Moscow, Russia's Ministry of Foreign Affairs, Business Locations: Russia, Germany, Czechia, Estonia, Latvia, Lithuania, Poland, Moscow, Ukraine, , Kyiv, Russian, London, China
Oil steadies, heads for weekly drop on U.S. economy worries
  + stars: | 2024-05-03 | by ( ) www.cnbc.com   time to read: +1 min
Oil prices edged up in early trade on Friday on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for weekly losses on U.S. economic uncertainty and limited crude supply disruptions caused by the Israel-Hamas war. Brent headed for a 6.3% weekly decline, while and WTI moved towards a loss of 5.6% on the week. The market is now looking towards U.S. economic data and indicators of future crude supply from the world's top producer. Higher rates typically weigh on the economy and that can reduce oil demand. Also on Friday, energy services firm Baker Hughes is due to release its weekly count of oil and gas rigs, an indicator of future crude output.
Persons: Brent, WTI, Baker Hughes Organizations: Brent, . West Texas, Organization of, Petroleum, U.S . Bureau of Labor Statistics, Federal Reserve Locations: Israel, U.S, Russia
New York CNN —Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its allies to inflate prices, federal regulators alleged on Thursday. Regulators say Sheffield, then the CEO of Pioneer Natural Resources, used WhatsApp conversations, in-person meetings and public statements to try to “align oil production” in the Permian Basin in Texas with that of OPEC and OPEC+, the wider group that includes Russia. Unlike with OPEC nations, US oil production is supposed to be decided by the free market, not by coordination among the major players. The FTC said that while Sheffield was discussing efforts to coordinate output with other Texas producers, the Pioneer CEO said: “If Texas leads the way, maybe we can get OPEC to cut production. Exxon said that in response to the FTC’s concerns, it will not add Sheffield to its board.
Persons: New York CNN — Scott Sheffield, “ Mr, , Kyle Mach, Sheffield “, Douglas Farrar, Sheffield, , Exxon Organizations: New, New York CNN, OPEC, Federal Trade Commission, Sheffield, Organization of, Petroleum, Saudi Arabia, Regulators, Pioneer Natural Resources, FTC, ExxonMobil, Competition, CNN, Railroad Commission, Texas, Exxon Locations: New York, American, Saudi, Sheffield, Texas, OPEC, Russia, FTC’s, Saudi Arabia
They also argued that having the doctor testify appeared to be an effort by Mr. Menendez to present alleged facts before the jury without subjecting himself to cross-examination by testifying himself. He will be tried with two New Jersey businessmen who also were accused of participating in the bribery conspiracy. The senator’s wife, Nadine Menendez, was charged as well but granted a separate trial, in July, after her lawyers said she had a serious medical condition that would require surgery and an extended period of recovery. The indictment, which runs 66 pages, outlines a variety of schemes. But perhaps nothing has caught the public eye as much as its descriptions of the cash, gold bars and a Mercedes-Benz convertible found during a June 2022 search of the senator’s home in Edgewood Cliffs, N.J.
Persons: Menendez, Judge Stein, Rosenbaum, Nadine Menendez Organizations: Democrat, Foreign Relations, Benz Locations: New Jersey, Egypt, Qatar, Jersey, Edgewood Cliffs, N.J
Read previewAn American veteran who fought in Ukraine said the US military spent so long focused on fighting insurgents that it forgot "what it means to actually fight a war." Libkos/Getty Images"We've gotten so used to the idea of just fighting guerilla wars and fucking fighting terrorists and everything else that we kind of forgot what it means to actually fight a war," he said. Some Ukrainian soldiers trained abroad said the training they received was not suited to the kind of fighting needed for this war. Ukraine is fighting in conditions very different from what the US and its NATO allies have fought through in recent decades. He said that fighting to clear Russian trenches made him feel like he was "fighting World War I."
Persons: , Libkos, it's, I've, haven't Organizations: Service, Business, NATO, Russia, Army, REUTERS, State Emergency Service, US, US Army Locations: Ukraine, Iraq, Afghanistan, Kharkiv, Bakhmut, Europe, Russia, China, Ukrainian, Ukraine's Kharkiv, readying, Avdiivka, Ukraine's Donetsk
The US needs to assemble its own naval coalition, retired US Navy Adm. James Stavridis said. This, he said, is necessary if the US wants to match up to China's growing naval fleet. Stavridis said the US could bring in its treaty allies like Japan, South Korea, and the Philippines. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe US needs to build a coalition of allies if it hopes to stand a chance against China's fast-growing navy, says retired US Navy Adm. James Stavridis.
Persons: James Stavridis, Stavridis, , outnumbers Organizations: US, Service, Bloomberg, Business Locations: Japan, South Korea, Philippines, China's, NATO, South
For months, President Biden has been under pressure to prove he can be tough at the border. But at a campaign reception on Wednesday night, he also tried to voice his commitment to America’s long history of immigration. He did so by taking a swipe at two of America’s partners, saying that Japan and India are struggling economically “because they’re xenophobic.” He said the two democratic countries, along with China and Russia, “don’t want immigrants.”“Immigrants are what makes us strong,” the president told the crowd of supporters. “Not a joke. Japan and India are two of the five allies Mr. Biden has hosted with state dinners at the White House since taking office.
Persons: Biden, , Organizations: White Locations: Japan, India, China, Russia
CNN —An attorney discipline judge in California has rejected a request from ex-Trump election lawyer John Eastman to reactivate his law license following her recent recommendation that he be disbarred, which rendered him unable to practice law for now. Judge Yvette Roland, who oversees state bar proceedings in California, recommended in March that Eastman be disbarred for his election subversion efforts. The California Supreme Court will ultimately decide whether to endorse or reject Roland’s recommendation to disbar Eastman. “Eastman failed to uphold his primary duty of honesty and breached his ethical obligations by presenting falsehoods to bolster his legal arguments,” Roland wrote in her opinion recommending he be disbarred. He also was indicted last month in Arizona in connection with efforts to overturn the 2020 election, along with more than a dozen other Trump allies, including Mark Meadows and Rudy Giuliani.
Persons: John Eastman, Eastman, Mike Pence, Yvette Roland, disbar Eastman, Roland’s, Donald Trump’s, “ Eastman, ” Roland, , Roland, disbarment, Matt Gaetz, Marjorie Taylor Greene, , Michael R, Mark Meadows, Rudy Giuliani Organizations: CNN, California Supreme, ” Politico, Trump Locations: California, Georgia, Arizona
Israeli Prime Minister Benjamin Netanyahu has long sought relations with Saudi Arabia, home of Islam’s holiest sites, as the move could domino across the wider Muslim world. The first component includes a package of agreements between the US and Saudi Arabia, another component has the normalization of relations between Saudi Arabia and Israel, and a third component for a pathway to a Palestinian state. The subsequent Israeli assault on Gaza, which has left the enclave in ruins and killed more than 34,000 Palestinians, may have changed the parameters of the deal for Saudi Arabia, analysts say. However, there has been no indication that the Biden administration would opt to bypass Congress for the bilateral agreement with Saudi Arabia to pass. Saudi Arabia is rich in uranium deposits and has insisted on being able to enrich it domestically, which would be a first for an Arab state.
Persons: Benjamin Netanyahu, Matthew Miller, ” Miller, Antony Blinken, , Blinken, Prince Mohamed bin Salman, Netanyahu, Biden, Prince Faisal bin Farhan, Israel, Lindsey Graham, ” Graham, Firas Maksad, , Jamal Khashoggi, ” Maksad, Crown Prince, Karen Young, Edward J, Markey Organizations: CNN, State, Saudi, State Department, Abraham Accords, Israel, MBS, Saudi Foreign, Republican, Senate, Bahrain, Biden, Strategic Outreach, Middle East Institute, Washington DC, Congress, Washington Post, Crown, Columbia University’s Center, Global Energy, Neighboring United, Democratic, Nuclear Weapons, NATO Locations: Saudi Arabia, United States, Israel, Iran, Russia, China, Palestinian, Gaza, , Riyadh, Saudi, Washington, Turkey, “ Saudi Arabia, Emirates, Bahrain, U.S
Israel has never been impressed with the US-made Patriot air defense system. AdvertisementIsrael has never been satisfied with its version of the Patriot air defense system that Ukraine views as essential to its survival. AdvertisementA Patriot air defense system test-fired during a training in Chania, Greece, on November 8, 2017. Israel previously refused a US request for its vintage Hawk missiles, long in storage and out of service, for Ukraine. Jordan requested the US deploy a Patriot missile on its soil in October and helped intercept the Iranian barrage on April 13.
Persons: Israel, , Israel wouldn't, Ryan Bohl, RANE, Israel isn't, Bohl, Anthony Sweeney, US Army Federico Borsari, Borsari, it's, Jordan Organizations: Scud, Patriots, Service, Israel, Patriot, East, US Army, Center for, Patriot PAC, Patriot's PAC, Analysts, United Arab, Israeli PAC Locations: Israel, Ukraine, Iran, Iraq, Syria, Iraqi, Russia, North Africa, Chania, Greece, United States, Jordan, United Arab Emirates, Bahrain, Saudi Arabia
The Federal Trade Commission on Thursday approved Exxon Mobil’s acquisition of Pioneer Natural Resources as long as Exxon excludes Pioneer’s chief executive from its board. Exxon’s purchase of Pioneer is one of several large mergers and acquisitions in the oil and gas industry in recent years. accused Pioneer’s chief executive, Scott Sheffield, of colluding with officers of the Organization of Petroleum Exporting Countries and its allies to control global oil production and prices. Sheffield’s past conduct makes it crystal clear that he should be nowhere near Exxon’s boardroom,” Kyle Mach, deputy director of the commission’s Bureau of Competition, said in a statement. “American consumers shouldn’t pay unfair prices at the pump simply to pad a corporate executive’s pocketbook.”
Persons: Pioneer’s, Scott Sheffield, Mr, Kyle Mach, Organizations: Federal Trade Commission, Exxon, Natural Resources, Pioneer’s, Organization of Petroleum, Competition Locations: Texas, New Mexico, commission’s
Trump repeatedly attacked Kennedy over social media this past weekend, despite the former president's claim that he knows little about Kennedy. Trump's refusal to debate Kennedy may not be entirely in his hands. But Trump and his allies have been harshly critical of the debate commission. AdvertisementBiden recently told radio host Howard Stern that he would like to debate Trump, but there is rampant speculation such a debate will never occur. The second debate was canceled after Trump refused to accept a virtual format after the then-president tested positive for COVID-19.
Persons: , Donald Trump, Robert F, Kennedy Jr, Trump, Kennedy, Biden, He's, Nicole Shanahan, MAGA, Joe Biden, Ross Perot, Howard Stern Organizations: Service, RFK, Business, NBC News, Trump voters, Capitol, Politico, Republican National, Texas State University, Trump Locations: Manhattan, Texas, San Marcos , Texas
Ukraine wants to limit companies taking satellite imagery of its territory, according to reports. Russia could access the images through shell companies, a Ukrainian defense official said. AdvertisementUkraine says it is cracking down on satellite images of its territory over fears that they could be used by Russia against it, according to reports. "Every day, satellite companies take images of Ukrainian territory. These images can be used by the enemy," Ukraine's deputy defense minister, Kateryna Chernohorenko, said in a statement relayed by multiple media outlets.
Persons: , Kateryna Chernohorenko, Chernohorenko, Ukraine's Ministry of Defense didn't, Elon Musk's, Elon Musk Organizations: Service, Radio Free, Radio Liberty, Kyiv Independent, Ukrainska Pravda, Ukraine's Ministry of Defense, Business, Bloomberg, Wall Street Locations: Ukraine, Russia, China, Radio Free Europe, Kyiv
I don’t change on that,” Mr. Trump said, according to The Journal Sentinel. Mr. Trump now faces dozens of felony charges in connection with those events. Months before any voting has taken place, Mr. Trump has regularly made the baseless claim that Democrats are likely to cheat to win. Mr. Trump has for years promoted the lie that he won Wisconsin in 2020, and he did so again in the Journal Sentinel interview. A self-described conspiracy theorist, she has relentlessly promoted false claims that the 2020 election was stolen.
Persons: Donald J, Trump, I’ll, Mr, it’s, ” Mr, Trump’s, Biden, , you’re, , we’re, Jan, Robin Vos, Christina Bobb, Bobb, The Trump, ” “ Organizations: The Milwaukee Journal Sentinel, The Journal Sentinel, Capitol, Democrats, Wisconsin, Journal Sentinel, Republican, Legislature, Senate, Republican Party, Trump, Republican National, America News Network, Republican National Committee Locations: Freeland , Mich, Arizona, Freeland, Waukesha, Wis, Wisconsin
In February, there was a flurry of discussion about whether Joe Biden’s advancing age and seeming weakness in a matchup with Donald Trump meant that he should step aside. “The Drumbeat for Biden to Step Aside Will Only Grow Louder” ran one headline from that period, from Robert Kuttner in the American Prospect. All it took was Biden giving a passable State of the Union address: Thereafter his poll numbers marginally improved, the optimists on the Democratic side seized the rhetorical initiative, and the “should Biden step aside?” discourse faded into background noise. But it’s also quite consistent; since last fall, both candidates are bouncing around within a very narrow range. ), because voters aren’t paying close attention yet (but don’t they already know both of the candidates quite well?
Persons: Joe Biden’s, Donald Trump, Biden, Nate Silver, Ezra Klein, Robert Hur, Robert Kuttner, Kuttner, Robert F, Kennedy Jr, it’s, he’s Organizations: Democratic, Trump, Electoral College Locations: Georgia, Michigan, Arizona , Nevada , Pennsylvania, Wisconsin
“No president has spoken more forcefully about combating antisemitism than this president,” she said. Since then, Mr. Biden has left it to aides to speak for him, trying to balance the free speech rights of protesters with rejection of violence and antisemitic statements. “Americans have the right to peacefully protest as long as it’s within the law and it’s peaceful,” Ms. Jean-Pierre said. “Forcibly taking over a building is not peaceful. “I hope the president speaks as boldly and as forcefully as this moment requires,” Mr. Deutch told Julie Mason on her Sirius/XM radio show.
Persons: Jean, Pierre, Mr, Biden, , , Ms, Pierre said, Ted Deutch, Deutch, Julie Mason, Donald J, Trump, Adolf Hitler Organizations: Columbia University, American Jewish Committee, Mr, Sirius, XM, Republicans, Jewish Locations: Florida
Just over a decade ago, six-week abortion bans were seen as too radical even by many members of the anti-abortion movement, who worried they carried too much political and legal risk. Ron DeSantis, a Republican, cuts off access to the procedure before many women even know they are pregnant, leaving millions of women in the South hundreds of miles from a clinic offering abortion. The ban represents another victory for the true believers of the anti-abortion movement that seek sharp curbs on the procedure. But when such a ban was first introduced, mainstream abortion opponents who preferred gradually chipping away at abortion rights felt such restrictions could backfire and undermine their broader goals. I asked her how the six-week ban moved from the fringe to the mainstream — and why those early warnings from anti-abortion allies might be coming true now.
Persons: Ron DeSantis, Elizabeth Dias, Lisa Lerer, Roe, Wade Organizations: Gov, Republican Locations: Florida
One of the Israeli officials said those returning to the north would be subject to no inspections or limitations, while the second said there would be nearly no restrictions, without elaborating. It was not clear whether Hamas would accept the most recent Israeli proposal, which is part of negotiations that the two sides are conducting indirectly through mediators from Egypt and Qatar. The cease-fire talks were a focus of Secretary of State Antony J. Blinken as he visited Israel on Wednesday. The Israeli offer, according to one of the Israeli officials, doesn’t include language that refers explicitly to an end to the fighting. On Monday, The New York Times reported that, as part of its proposal, Israel had reduced the number of hostages Hamas would need to release in the initial phase of a deal.
Persons: hadn’t, Antony J, Blinken, we’ve, ” Mr, Isaac Herzog, Benjamin Netanyahu, Israel, Netanyahu, Bezalel Smotrich, Mr, doesn’t, , , Aaron Boxerman Organizations: Hamas, The New York Times, Mr, Finance Locations: Israel, Gaza, Egypt, Qatar, Rafah
Former Speaker Kevin McCarthy, who elevated Ms. Greene and turned her into one of his top allies during his abbreviated time in the top post, never criticized her publicly. But privately, he called Mr. Johnson and offered to intervene with her on his behalf, according to people knowledgeable about the exchange. Ms. Greene could not be controlled — even if her campaign against the speaker has left her isolated within her party. Mr. Jeffries, she said, had embraced Mr. Johnson with “a warm hug and a big, wet, sloppy kiss,” making them the joint leaders of what she refers to disdainfully as the “uniparty.”She did so knowing that her effort to depose Mr. Johnson was all but certain to fail. But Ms. Greene has never abided by the conventional rules of politics, where a loss on the House floor is considered a major defeat.
Persons: Kevin McCarthy, Greene, Johnson, Hakeem Jeffries, Jeffries, , , Mr Locations: New York
Late last year, Poland's national security agency estimated that Russia could attack NATO within three years. AdvertisementBut whether Putin really does intend to attack NATO and what an attack might look like remains unclear. In March, Putin denied having any plans to attack NATO members, describing such claims as "complete nonsense." "So, his ambition in growing is not going to be that he will attack NATO and NATO countries next year. A covert war is already underwayRussia, some point out, is already engaged in a war with NATO, albeit covertly.
Persons: , Donald Tusk, Tusk, Putin, Emmanuel Macron, NATO Putin, Philip Ingram, Ingram, Ruth Deyermond, Bryden Spurling, Robert Dover, Spurling, that's, SERGEY BOBOK, Russia's Organizations: Service, Poland's, Business, Bild, NATO, Germany isn't, Ukraine, King's College London, RAND Corporation, University of Hull, European NATO, RAND, Ukrainian Territorial Defence Forces Locations: Europe, Russia, Ukraine, Eastern Europe, Baltic, Estonia, Lithuania, Latvia, Germany, Washington, Russian, NATO, European, Kharkiv, Soviet Union
But research from the bipartisan Tax Foundation suggests otherwise, and says Trump's 2018 trade war was also economically damaging. The non-partisan Tax Foundation would beg to differ. Tax Foundation estimates that the tariffs then imposed have amounted to an $80 billion tax increase on Americans. Nobody else ever did anything on China," Trump explained. More tariffs under Trump could be poorly timed, as US monetary policy is already struggling to clamp down on current inflation levels.
Persons: Trump, , Donald Trump, Biden, Kenneth Rogoff Organizations: Time Magazine, Foundation, Service, Time, Republican, Trump, Federal Reserve Locations: China, India, Brazil, United States, Beijing
Representative Marjorie Taylor Greene of Georgia said on Wednesday that she would demand a vote next week on a motion to remove Speaker Mike Johnson, moving forward in the face of all but certain defeat with a second attempt during this Congress to depose a Republican speaker. In a morning news conference at the Capitol, Ms. Greene excoriated Mr. Johnson for working with Democrats to push through major legislation and said it was time for lawmakers to go on the record about where they stood on his speakership. “I think every member of Congress needs to take that vote and let the chips fall where they may,” Ms. Greene said. “And so next week, I am going to be calling this motion to vacate.”The move comes just over a week after Mr. Johnson pushed through a long-stalled $95 billion package to aid Israel, Ukraine and other U.S. allies over the objections of Ms. Greene and other right-wing Republicans who staunchly opposed sending additional aid to Kyiv.
Persons: Marjorie Taylor Greene, Mike Johnson, Greene excoriated Mr, Johnson, , ” Ms, Greene Organizations: Capitol, Republicans Locations: Georgia, Israel, Ukraine, Kyiv
Kristi Noem keeps hurting her chances to become Donald Trump's running mate. Kristi Noem has campaigned so badly to be former President Donald Trump's vice president that even some of the most controversial Trumpworld figures are turned off. If Noem truly wants to be vice president, this has been one of the worst efforts to obtain the job. AdvertisementIt's a difficult balance trying to become vice president. At worst, a potential vice president could lose all the leverage to shape the role in a way that would benefit him or her the most.
Persons: Kristi Noem, Donald Trump's, Noem, , I've, Steve Bannon, Donald Trump Jr, Bannon, Trump, Tim Walz, Nicole Malliotakis, Joe Biden, Barack Obama, Harry Truman, FDR, Sen, JD Vance, Trump . Sen, Marco Rubio, Doug Burgum, Tim Scott of, George Costanza, Saul Goodman, Saul, Biden, Los Angeles Mayor Eric Garcetti, Karen Bass, Susan Rice, Gretchen Whitmer, Elizabeth Warren Organizations: South Dakota Gov, Service, White, Trump Jr, Cricket, The Guardian, Minnesota Gov, GOP, New, New York Republican, Politico, Gov, Ohio Republican, Trump ., Trump, Trump . North Dakota Gov, Wall Street, Los Angeles Mayor, New York Times, Michigan Gov Locations: New York, Texas, Ohio, Trump ., Tim Scott of South Carolina, Los Angeles, Biden's White
Twelve members of the U.S. Congress sent a letter to Formula 1 owner Liberty Media on Wednesday demanding answers for why it is excluding Andretti Global from the sport, giving the American team powerful new allies in its bid to enter F1. "Our team, Andretti Global, is part of every major racing discipline in the world. Last fall Formula 1's governing body, the FIA, accepted the racing team's push to join the grid, saying it met the criteria. Because we have an obligation to protect the American consumer, to protect American companies, and that is our first allegiance. The move marks an earthquake for F1 as Newey is widely regarded as the greatest car designer in the sport.
Persons: Mario Andretti, Andretti Cadillac, John James, Gregory Maffei, , that's, Andretti, James, It's, Jim Jordan, Adrian Newey, Sebastian Vettel, Max Verstappen, Newey Organizations: Auto, U.S, Capitol, U.S . Congress, Liberty Media, Andretti Global, American, General Motors, Formula, Andretti, GM, Cadillac, Rep, FIA, Formula One Management, Miami, Prix, Las Vegas, Red Bull Racing, Red Bull, NBC News Locations: U.S, Michigan, America, Ohio, Austin
Barclays says it doesn't invest in defence firms supplying Israel
  + stars: | 2024-05-01 | by ( ) www.cnbc.com   time to read: +2 min
A Palestinian flag is held by a cash machine during Dorset Palestine Solidarity Campaign's protest outside the branch of Barclays Bank, April 20, 2024 in Dorchester, United Kingdom. Barclays does not invest in companies that supply weapons used by Israel in Gaza, the British bank said on Wednesday, after one of its branches in London's financial district was targeted by pro-Palestinian activists. The bank has also faced criticism for providing financial services to defence firms that produce equipment used by the Israeli Defence Force. "We have been asked why we invest in nine defence companies supplying Israel, but this mistakes what we do," the lender said on its website. We are not making investments for Barclays and Barclays is not a 'shareholder' or 'investor' in that sense in relation to these companies," it said.
Organizations: Dorset Palestine Solidarity, Barclays Bank, Barclays, Israeli Defence Force, NATO, New York City, Columbia University campus, University of California, UCLA Locations: Dorset, Dorchester , United Kingdom, Israel, Gaza, Moorgate, London, U.S, New York, Los Angeles
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