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☆ A shift to renewable energy is 'hopeless' without efficiencies, environmentalist says
▼ + stars: | 2024-04-17 | by ( Vicky Mckeever | ) www.cnbc.com time to read: +3 min

Daniel Bosma | Moment | Getty ImagesExplorer and environmentalist Bertrand Piccard has called for a renewed focus on cutting energy waste, saying it's "hopeless" to shift to renewables without improving efficiency. "So if we try to replace fossil [fuel] energy with renewables without being efficient, without reducing the consumption, it's hopeless," he said. Another issue Piccard highlighted was that some countries only consider wind and solar as alternative renewable energy sources. Geothermal energy accounted for just 2.7% of renewable energy consumption, while wind power was 13.2% and solar energy was 7.2%. 'Paradox' of China's solar panel oversupplyPiccard also discussed the ongoing concerns about the potential oversupply of solar panels from China to the European market.

Persons: Daniel Bosma, Bertrand Piccard, Piccard, CNBC's Silvia Amaro, bioenergy, Janet Yellen Organizations: CNBC, Solar Impulse, European Commission, Treasury Locations: Netherlands, Europe, China, U.S

☆ UBS shares move lower after politicians request strong capital requirements
▼ + stars: | 2024-04-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS shares move lower after politicians request strong capital requirementsCNBC's Silvia Amaro reports on the "Too Big To Fail" report from Switzerland, which calls for strong capital requirements from banking giant UBS after the absorption of Credit Suisse.

Persons: CNBC's Silvia Amaro Organizations: UBS, Credit Suisse Locations: Switzerland

☆ WTO forecasts rebound in global trade but keeps geopolitical risks in focus
▼ + stars: | 2024-04-10 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

The World Trade Organization on Wednesday said that it expects global trade to rebound gradually this year, before rising further in 2025, as the impacts of higher inflation fall into the rearview mirror. In its latest "Global Trade Outlook and Statistics" report, the WTO forecast that total global trade volumes will increase by 2.6% in 2024, and by a further 3.3% in 2025. It follows a larger-than-expected 1.2% decline in 2023, as inflationary pressures and higher interest rates weighed on international trade. The trade rebound is expected to be "broad-based," including across Europe, which experienced some of the deepest falls in trade volumes last year as a result of geopolitical tensions and the energy crisis caused by Russia's full-scale invasion of Ukraine. "Europe was really weighing on international trade in 2023, and we don't see that being the case anymore," Ossa said.

Persons: Ralph Ossa, CNBC's Silvia Amaro, Russia's, Ossa Organizations: World Trade Organization, Trade Outlook, WTO Locations: Europe, Africa, India, Pakistan, Southeast Asia, Qianwan, Qingdao Port, Qingdao, China, Ukraine

☆ H&M reports better-than-expected first-quarter results
▼ + stars: | 2024-03-27 | by ( Silvia Amaro | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailH&M reports better-than-expected first-quarter resultsCNBC's Silvia Amaro breaks down the latest quarterly results from the H&M Group.

Persons: CNBC's Silvia Amaro Organizations: M

☆ EU Greens lawmaker: Reversing climate deal would be catastrophic economically
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU Greens lawmaker: Reversing climate deal would be catastrophic economicallyTerry Reintke, an EU lawmaker and the co-president of the Group of the Greens at the European Parliament, speaks to CNBC's Silvia Amaro.

Persons: Terry Reintke, CNBC's Silvia Amaro Organizations: Email EU Greens, Greens

☆ Sweden is poised to become the 32nd member of NATO
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSweden is poised to become the 32nd member of NATOCNBC's Silvia Amaro reports on the latest expansion of the NATO military coalition, after holdout Hungary approved Sweden's membership bid.

Persons: NATO CNBC's Silvia Amaro Organizations: Sweden, NATO Locations: Hungary

☆ Watch CNBC's full interview with Kusti Salm, permanent secretary of the Estonian Ministry of Defense
▼ + stars: | 2024-02-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Kusti Salm, permanent secretary of the Estonian Ministry of DefenseKusti Salm, permanent secretary of the Estonian Ministry of Defense, speaks to CNBC's Silvia Amaro.

Persons: Kusti Salm, Estonian Ministry of Defense Kusti, CNBC's Silvia Amaro Organizations: Estonian Ministry of Defense

☆ Estonia hopes for a turning point in Ukraine in the next 4 to 6 weeks
▼ + stars: | 2024-02-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEstonia hopes for a turning point in Ukraine in the next 4 to 6 weeksCNBC's Silvia Amaro reports on the latest round of sanctions on Russia for its war in Ukraine. Kusti Salm, permanent secretary of the Estonian Ministry of Defense, says "we are approaching the darkest hours" in Russia's war in Ukraine.

Persons: CNBC's Silvia Amaro, Kusti Organizations: Estonia, Estonian Ministry of Defense Locations: Ukraine, Russia, Kusti Salm

☆ Space nukes are raising tensions between Moscow and Washington. Here’s what you need to know
▼ + stars: | 2024-02-22 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +8 min

Kari Bingen director of the aerospace security project and senior fellow in the international security program at the Centre for Strategic International Studies. Space-based anti-satellite nuclear weapons — or so-called space nukes — are a type of weapon designed to damage or destroy satellite systems. "It's an indiscriminate weapon," Bingen said. The deployment of a space-based nuclear weapon would mark a major advancement of Russia's military capabilities and a serious escalation of geopolitical tensions. Kari Bingen director of the aerospace security project and senior fellow in the international security program at the Centre for Strategic International Studies.

Persons: Vladimir Putin, Alexander Ryumin, Mike Turner, Joe Biden, It's, Kari Bingen, Bingen, Juan Barreto, Putin, CNBC's Silvia Amaro Organizations: Sputnik, Chelyabinsk, Afp, Getty, U.S, White, CNBC, . House Intelligence, Bloomberg, Centre, Strategic International Studies, Analysts, Strategic International, United Nations Office, Outer Space Affairs, Elon Musk, Reuters, U.S ., Space Foundation, The, NATO, General, Saturday, Munich Security Conference Locations: Russian, Chelyabinsk Region, Chelyabinsk, Washington, Moscow, Russia, Ukraine, China, Bogota, U.S, The U.S

☆ U.S. lawmakers reiterate support for Ukraine as President Zelenskyy calls for more aid
▼ + stars: | 2024-02-19 | by ( Silvia Amaro | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. lawmakers reiterate support for Ukraine as President Zelenskyy calls for more aidCNBC's Silvia Amaro reports from the Munich Security Conference where delegates expressed concerns over U.S. support for Ukraine.

Persons: Zelenskyy, CNBC's Silvia Amaro Organizations: U.S, Munich Security Locations: Ukraine

☆ Russia’s war in Ukraine is igniting an old debate in Brussels over debt
▼ + stars: | 2024-02-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRussia’s war in Ukraine is igniting an old debate in Brussels over debtCNBC's Silvia Amaro reports from Munich on how European NATO members have plans to increase their defense spending.

Persons: CNBC's Silvia Amaro Organizations: NATO Locations: Ukraine, Brussels, Munich

☆ 'China has a lot more to lose': U.S. considering sanctioning Chinese firms aiding Russia's war
▼ + stars: | 2024-02-19 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

Russia's President Vladimir Putin and Chinese President Xi Jinping shake hands during a meeting in Beijing on October 18, 2023. The provisions would mark the first direct penalties against Beijing despite long-held Western suspicions over its support for Russia's military operations. So I would hope China would calculate carefully that there are consequences around the corner for supporting Russia's violence and depravity in Ukraine." Asked whether the U.S. is considering similar sanctions on China as those proposed by the EU, U.S. A separate January report found that China has become key conduit in funnelling critical Western tech into Russia.

Persons: Vladimir Putin, Xi Jinping, Sergei Guneyev, Gerald Connolly, CNBC's Silvia Amaro, Connolly, Ben Cardin, Biden, Josep Borrell, Alexei Navalny Organizations: Afp, Getty, Congress, CNBC, Democratic, U.S . House, Foreign Relations, European Union, Beijing, Saturday, Munich Security, EU, U.S, Russia, U.S . National Security Council Locations: Beijing, Munich, GERMANY, The U.S, Russia, Ukraine, China, Washington, U.S

☆ Singapore's defense minister says trade is necessary for peace — and 'China is not Russia'
▼ + stars: | 2024-02-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSingapore's defense minister says trade is necessary for peace — and 'China is not Russia'Speaking at the Munich Security Conference, Ng Eng Hen, Singapore's minister for defence, tells CNBC's Silvia Amaro on a panel that trade is crucial when talking about the prevention of conflict.

Persons: —, Ng Eng, CNBC's Silvia Amaro Organizations: Munich Security Locations: China, Russia

☆ Navalny death is a pre-election gambit from Putin, anti-Kremlin activist Bill Browder says
▼ + stars: | 2024-02-17 | by ( Matt Clinch | ) www.cnbc.com time to read: +1 min

Anti-Kremlin activist Bill Browder said he believes Alexei Navalny's death was intended as a message to political opponents of Russian President Vladimir Putin ahead of elections next month. Dissident Navalny, who died Friday, had been serving a 19-year prison sentence on charges of extremism in Russia, which he vehemently denied. World leaders reacted with dismay and suspicion to the death, with U.S. President Joe Biden saying "Putin is responsible." Russia's Foreign Ministry on Friday said the West's reaction to Navalny's death was "self-exposing," given that no forensic medical examination had been made available at the time. Browder, the CEO and co-founder of Hermitage Capital Management and a friend of Navalny, also accused the Russian leader of being behind the death.

Persons: Bill Browder, Alexei Navalny's, Vladimir Putin, Navalny, Joe Biden, Putin, Browder, Alexei Navalny, CNBC's Silvia Amaro Saturday Organizations: Kremlin, U.S, Hermitage Capital Management, Munich Security Conference Locations: Russia

☆ Anti-Kremlin activist Bill Browder says we need to save the lives of other Putin opponents
▼ + stars: | 2024-02-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnti-Kremlin activist Bill Browder says we need to save the lives of other Putin opponentsAnti-Kremlin activist Bill Browder, CEO and co-founder of Hermitage Capital Management, speaks to CNBC's Silvia Amaro.

Persons: Bill Browder, Putin, CNBC's Silvia Amaro Organizations: Kremlin, Hermitage Capital Management

☆ Spending 2% on defense 'can only be the start of it,' says Germany's Boris Pistorius
▼ + stars: | 2024-02-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpending 2% on defense 'can only be the start of it,' says Germany's Boris PistoriusSpeaking on a panel hosted by CNBC's Silvia Amaro at the Munich Security Conference, German Defense Minister Boris Pistorius discussed NATO's 2% investment target and geopolitical risks around the world.

Persons: Boris Pistorius, CNBC's Silvia Amaro Organizations: Munich Security Conference, German

☆ Trump will quit NATO, Hillary Clinton says, as anxiety mounts over U.S. commitment to the alliance
▼ + stars: | 2024-02-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

"He will pull us out of NATO," Clinton told attendees during a lunchtime session. watch nowU.S. Republican Senator Jim Risch, ranking member of the Senate Committee on Foreign Relations, on Saturday dismissed talk of the U.S. quitting NATO, saying: "We have answered that question." Clinton said, however, that Trump could actually just refuse to fund the alliance. Dutch Prime Minister Mark Rutte earlier Saturday referenced constant "moaning and whining" at the event about the future of NATO under Trump. Indeed, Germany's defense minister said that his country's commitment to spend 2% of GDP on defense should be just the start, noting that the threshold could rise to 3.5% if necessary.

Persons: Donald Trump, Joe Raedle, Hillary Clinton, Clinton, doesn't, Jim Risch, Trump, Europe's, Mark Rutte, Olaf Scholz, Mette Frederiksen, Frederiksen, Jens Stoltenberg, CNBC's Silvia Amaro Organizations: U.S, Getty, NATO, Saturday, White, Munich Security Conference, Trump, Congress, Republican, Foreign Relations, United States Senate, CNBC, U.S . House, Representatives, Dutch, Danish Locations: Lago, West Palm Beach , Florida, MUNICH, Germany, U.S, Russia, Munich, Ukraine, Europe, NATO, United States

☆ NATO head says the U.S. won't withdraw from alliance: It makes them 'stronger'
▼ + stars: | 2024-02-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNATO head says the U.S. won't withdraw from alliance: It makes them 'stronger'Speaking at the Munich Security Conference, Jens Stoltenberg, secretary general of NATO, tells CNBC's Silvia Amaro that regardless of the outcome of the U.S. election, he expects the country to remain a "staunch" ally of the allaince.

Persons: Jens Stoltenberg, CNBC's Silvia Amaro Organizations: NATO, Munich Security Locations: U.S

☆ U.S. troops will be on the front lines against Russia without further Ukraine aid, Senator Coons says
▼ + stars: | 2024-02-16 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

MUNICH, Germany — The U.S. faces the prospect of direct combat with Russia if it fails to provide continued financial and military support for forces on the ground in Ukraine, U.S. Democratic Sen. Chris Coons said Friday. Calling for bipartisan support from the U.S. House of Representatives for a new $95 billion aid package that includes funds for Ukraine, Coons said that investment in Europe was the U.S.' best defense against Moscow. "In the next front against Russia, it will be Americans on the front lines," Coons told CNBC's Silvia Amaro at the Munich Security Conference. Without doing so, Coons said Putin was likely to target a NATO ally next. "If we don't stop Putin in Ukraine, he will next be attacking NATO allies of the United States," he said.

Persons: Sen, Chris Coons, Democratic Sen, Coons, CNBC's Silvia Amaro, Vladimir, Putin, Joe Biden Organizations: Senate Armed Services, Foreign Relations, Capitol, Washington , D.C, Democratic, U.S . House, Ukraine, Moscow, Russia, Munich Security, U.S, Senate, NATO Locations: Afghanistan, Washington ,, MUNICH, Germany, The U.S, Russia, Ukraine, U.S, Europe, United States

☆ Lebanon foreign minister: We need a full solution in the Middle East, not half a solution
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLebanon foreign minister: We need a full solution in the Middle East, not half a solutionDr. Abdallah Bou Habib, Lebanon's minister of foreign affairs and emigrants, speaks to CNBC's Silvia Amaro from the Munich Security Conference.

Persons: Abdallah Bou Habib, CNBC's Silvia Amaro Organizations: Lebanon, Munich Security Conference

☆ Only the U.S. can force peace in the Middle East and it should pressure Israel, Lebanon foreign minister says
▼ + stars: | 2024-02-16 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Lebanon's foreign minister called on the U.S. to pressure Israel and bring an end to its bloody war with Palestinian militant group Hamas, which has now entered its fifth month. "We want peace, I think the Palestinians are ready for peace and Americans should — [they are] the only country that can really enable peace," Bou Habib told CNBC's Silvia Amaro. "But they should exert some pressure over Israel like what happened in the 70s, Kissinger was there, and he exerted pressure on Israel to do the peace." Recent bills in the U.S. Congress have allocated tens of billions more in military aid since the Hamas terror attack of Oct. 7 that killed roughly 1,200 people. If the U.S. can't play a prominent role in stopping the hostilities, "then the war will continue," Bou Habib said.

Persons: Abdallah Bou Habib, Bou Habib, CNBC's Silvia Amaro, Kissinger, Henry, Israel, Israel's Organizations: Palestinian, Hamas, CNBC, Munich Security, Congressional Research Service, U.S . Agency for International Development, Washington, U.S, Congress Locations: Israel, Washington, U.S, Gaza

☆ Belgium PM says NATO countries need to be 'more united than ever'
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBelgium PM says NATO countries need to be 'more united than ever'Speaking at the Munich Security Conference, Alexander De Croo, the prime minister of Belgium, tells CNBC's Silvia Amaro that NATO countries need to be more united than ever. His comments came as he addressed reports that Kremlin critic Alexei Navalny had died, describing him as "one of the most courageous people in Russia."

Persons: Alexander De Croo, CNBC's Silvia Amaro, Alexei Navalny Organizations: Belgium, NATO, Munich Security Conference Locations: Belgium, Russia

☆ U.S. 'very concerned' about China's dominance as a critical minerals supplier, energy chief says
▼ + stars: | 2024-02-14 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

U.S. Energy Secretary Jennifer Granholm on Wednesday said the country is "very concerned" about China's grip on the global supply chain for critical minerals. China is the undisputed leader in the critical minerals supply chain, accounting for roughly 60% of the world's production of rare earth minerals and materials. "It's one of the pieces of the supply chain that we're very concerned about in the United States. We do not want to be over reliant on countries whose values we may not share," Granholm told CNBC's Silvia Amaro on Wednesday when asked about China's dominance as a critical minerals supplier. "We know all countries want to ensure that we have a critical stockpile of critical minerals and that we are allowed to diversify the supplies of those stockpiles.

Persons: Jennifer Granholm, Granholm, CNBC's Silvia Amaro Organizations: Energy, Wednesday, International Energy, International Energy Agency Locations: China, United States, Paris, France, U.S, Australia, Canada

☆ Pushback against Trump plays into the hands of the Chinese, Austria minister says
▼ + stars: | 2024-01-18 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Republican presidential candidate and former U.S. President Donald Trump gestures during a campaign rally ahead of the New Hampshire primary election, in Atkinson, New Hampshire, U.S. January 16, 2024. Davos, SWITZERLAND — Liberal pushback against a likely highly divisive U.S. election will play into the hands of the Chinese, Austria's Minister for Foreign Affairs, Alexander Schallenberg, said Thursday. "They treat democracy as a weakness, making us slower, making us more cumbersome. A spokesperson for the Chinese embassy in the U.K. wasn't immediately available for comment when contacted by CNBC. Trump, for his part, was considered highly skeptical of China during his time in office, opting for a protectionist approach.

Persons: Donald Trump, Alexander Schallenberg, Schallenberg, CNBC's Silvia Amaro, Trump, Biden Organizations: New, Liberal, Foreign Affairs, CNBC, Economic, wasn't, Republican Locations: New Hampshire, Atkinson , New Hampshire, U.S, Davos, SWITZERLAND, Switzerland, China

☆ Election disruption from AI poses the biggest global risk in 2024, Davos survey warns
▼ + stars: | 2024-01-10 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

The World Economic Forum's "Global Risks Report 2024," released Wednesday, ranked AI-derived misinformation and disinformation — and its implications for societal polarization — ahead of climate change, war and economic weakness in its top 10 risks over the next two years. "How that is going to play out is going to be quite important for us to watch," she added. watch nowThe WEF report, which was also produced in collaboration with Zurich Insurance Group, surveyed over 1,400 global risk experts, policymakers and industry leaders in September 2023 about their biggest global concerns. Top 10 global risksThe most cited risks for the next two years were, in order: misinformation and disinformation, extreme weather events, societal polarization, cyber insecurity and interstate armed conflict. Also in the top 10 were lack of economic opportunity, inflation, involuntary migration, economic downturn and pollution.

Persons: Alfieri, Carolina Klint, Marsh McLennan, CNBC's Silvia Amaro, Saadia Zahidi Organizations: Zurich Insurance Group Locations: Carolina, Europe

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