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☆ Alexey Navalny's death wasn't directly ordered by Putin, WSJ reports
▼ + stars: | 2024-04-27 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Putin critic Alexey Navalny's death may not have been planned to happen when it did, WSJ reported. The Journal reported that this opinion is shared by several US intelligence agencies. AdvertisementAlexey Navalny's February death in a remote Arctic prison camp likely wasn't directly ordered by Vladimir Putin, despite Navalny's outspoken criticism of the Russian president, The Wall Street Journal reported Friday. Despite the suspicious circumstances of the opposition leader's death, the outlet reported Putin may not have intended Navalny to be killed when he was. None of the intelligence agencies cited by the Journal or the Pentagon have responded to requests for comment from Business Insider.

Persons: Alexey Navalny's, Navalny's, —, Vladimir Putin, Putin, — wasn't, Putin wasn't, Leonid Volkov, Navalny Organizations: Kremlin, Service, Street, CIA, National Intelligence, State, Journal, Pentagon, Business Locations: Russian, Poland

Arm Ukraine With Fanfare and Israel in Secret? That package will pay for billions of dollars of arms flowing to Ukraine, Israel and other nations. As soon as the bill became law, the administration issued new announcements about weapons shipments to Ukraine, but not about transfers to Israel. Press releases about military aid for Ukraine and Israel Since both wars began, the U.S. government has issued at least 126 press statements or updates describing military aid sent to Ukraine and just three describing military aid sent to Israel. Information on maritime support sent to … Ukraine IsraelInformation on air-based weaponry and drones sent to … Ukraine IsraelThere is another distinction worth noting.

Persons: Biden, Jonathan Ernst, Antony Blinken, ”, Josh Paul, Israel —, Ukraine Israel “, Daniel C, it’s, Benjamin Netanyahu Organizations: Reuters, Israel Defense Forces, Israel . Press, U.S . Department of State, U.S . Department of State ; U.S . Department of Defense, Internet, State Department, Defense Department, State and Defense, Washington Post, Ukraine authorizations, Democratic Party, West Bank, White, New York, Facebook Locations: Israel, Ukraine, U.S, U.S . Department of State ;, Ukraine Israel, Gaza, American, Egypt, Russian, Rafah, Lebanon, Iran, Iranian, Syria, United States

☆ Suddenly, Chinese Spies Seem to Be Popping Up All Over Europe
▼ + stars: | 2024-04-27 | by ( Andrew Higgins | Christopher F. Schuetze | ) www.nytimes.com time to read: 1 min

One of the men, a young Briton known for his hawkish views on China, worked as an aide to a prominent member of the British Parliament. Another, a German citizen of Chinese descent, was an assistant to a member of the European Parliament representing Germany’s far right. While from different countries and seemingly divergent backgrounds and outlooks, both men became ensnared this week in accusations of espionage on behalf of China — and a widening pushback in Europe against malign Chinese influence in politics and commerce. In all, six people in three separate cases have been charged this week in Europe with spying for China: two in Britain and four in Germany.

Locations: China, German, Germany’s, Europe, Britain, Germany

☆ Julian Assange’s mission was to change the world - but at what cost?
▼ + stars: | 2024-04-27 | by ( Lauren Said-Moorhouse | Claudia Rebaza | ) edition.cnn.com time to read: +14 min

Julian Assange leaves a Melbourne court after facing charges of computer hacking in 1995. WikiLeaks/ReutersUnder a global spotlightAs WikiLeaks continued its disclosures, Assange found himself the latest cause célèbre – his every movement intensely scrutinized. … He liked the fuss that (the disclosures) caused but he was oddly incurious actually about the documents.”Others offer alternative explanations for Assange’s eccentricities. There were mounting calls for Assange to leave WikiLeaks and, when he didn’t, many cut ties with it. Outside the confines of his diplomatic shelter, the world questioned whether Assange was trying to circumvent justice.

Persons: London CNN — Julian Assange, ”, He’s, Chelsea Manning, Joe Biden, Assange’s, Anthony Albanese, Assange, “, ” –, Julian Assange, Ian Kenins, Sarah Palin’s, Atika Shubert, Shubert, ” Shubert, célèbre, Fidel Narvaez, “ Assange, ” Narvaez, James Ball, Joe Raedle, ” Ball, Ball, …, Narvaez, Hans Crescent, Lenin Moreno, Moreno, Abu Hamza al, Masri, Stella Assange, Daniel Leal, Stella, “ I’m, Nick Vamos, It’s, Alice Jill Edwards, Agnès Callamard, El País, Der Spiegel, Jameel Jaffer, Xiaofei Xu, Alex Stambaugh Organizations: London CNN, WikiLeaks, Court, Ecuadorian, Army, Australian, Pentagon, NASA, University of Melbourne, Fairfax Media, of Scientology, Republican, CNN, Chelsea, Apache, Reuters, Guardian, Ellingham, Hans, London’s Metropolitan Police, US Justice Department, of Justice, Britain's, Getty, Peters & Peters, Prosecution Service, Human Rights, UN, Amnesty, The New York Times, Columbia University Locations: United States, Australian, London’s, Australia, Townsville, Queensland, cybercrime, Melbourne, Guantanamo Bay, Cuba, Iraq, London, Afghanistan, ”, Sweden, Ecuador, UK’s, Belmarsh

☆ A NATO country is refusing to give Ukraine its Patriots because it says it needs them for itself
▼ + stars: | 2024-04-26 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

Greece's prime minister said his country cannot give Ukraine its Patriots due to security concerns. Kyriakos Mitsotakis said his country needs them to protect its own airspace. Ukraine has spent months begging its allies for Patriots to help fend off Russian attacks. AdvertisementOne of Ukraine's European allies is refusing to hand over Patriot air-defense systems because it says it needs them to protect its own airspace. Kyriakos Mitsotakis, the prime minister of Greece, said in an interview with Greek news outlet Iefimerida that his country would not provide Patriots or S-300 missile systems to Ukraine.

Persons: Greece's, Kyriakos Mitsotakis, —, Mitsotakis, Ukrainska Organizations: Patriots, Service, Ukrainska Pravda, Business Locations: Ukraine, Greece

☆ Talk of an Immigrant ‘Invasion’ Grows in Republican Ads and Speech
▼ + stars: | 2024-04-26 | by ( Jazmine Ulloa | ) www.nytimes.com time to read: +1 min

A campaign ad from a Republican congressional candidate from Indiana sums up the arrival of migrants at the border with one word. He calls it an “invasion.”The word invasion also appears in ads for two Republicans competing for a Senate seat in Michigan. In West Virginia, ads for a Republican representative facing an uphill climb for the Senate say President Biden “created this invasion” of migrants. It was not so long ago that the term invasion had been mostly relegated to the margins of the national immigration debate. But now, the word has become a staple of Republican immigration rhetoric.

Persons: Biden “ Organizations: Republican Locations: Indiana, Michigan, New York, Missouri, West Virginia, Congress

☆ Europe is beating inflation. Why can’t America declare victory?
▼ + stars: | 2024-04-26 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

The Fed aims to keep inflation at 2% over the longer run. Meanwhile, among the 20 countries that use the euro, annual consumer price inflation has slowed steadily since the start of the year. Fed Governor Michelle Bowman said earlier this month that she would favor a rate hike “should progress on inflation stall or even reverse.”So why does the United States appear to have a bigger inflation problem than Europe? Some economists argue there isn’t actually much daylight between the US and European rates of inflation, pointing to a quirk in the US measures. The measure is designed to track inflation in the real estate market while accounting for the fact that most Americans own their homes.

Persons: Michelle Bowman, Paul Donovan, Simon MacAdam, ”, MacAdam, ” Carsten Brzeski, Janet Yellen, Jim Watson, Brzeski, “, ” Davide Oneglia Organizations: London CNN, Federal Reserve, European Central Bank, PCE, UBS Global Wealth Management, Capital Economics, ING, CNN, Monetary Fund, Washington, Reuters, Getty, —, ECB, Lombard Locations: United States, Europe, Centreville , Maryland, AFP, Russia, Ukraine

Has South Africa Truly Defeated Apartheid? U.S.A., 2020 – 63% U.K., 2019 – 62% 60% 49% 40% 20% 1994 2004 2014 2019 Sources: Collette Schulz-Herzenberg, "The South African non-voter: An analysis"; Konrad Adenaur Stiftung, 2020 (South Africa); Pew Research (United States and U.K.)On a continent where coups, autocrats and flawed elections have become common, South Africa is a widely admired exception. −4% −6% Sources: Harvard Growth Lab analysis of World Economic Outlook (South Africa and sub-Saharan Africa) and World Development Indicators (upper-middle-income countries). 50% unemployment rate 40% Black unemployment rate 30% The unemployment gap between Black and white South Africans remains wide. In 2022, about 6 percent of South Africans aged 18 to 29 were enrolled in higher education, according to Statistics South Africa.

Persons: Nelson Mandela, they’ve, Collette Schulz, Konrad Adenaur Stiftung, —, Walter Sisulu, Joao Silva, New York Times Jack Martins, ”, Mandela’s, Wandile Sihlobo, Johann Kirsten, Sihlobo, Kirsten, haven’t, Zinhle Nene, Peter Mokoena, “, Mokoena, Nokuthula Mabe, Mabe, Jacob Zuma, Chrispin Phiri, Cyril Ramaphosa, Israel, Sibusiso Zikode, Zikode, Mr Organizations: African National Congress, Pew Research, Human Sciences Research, World Bank, Black South, Charter, New York Times, University of Cape Town’s Liberty Institute of Strategic Marketing, Johannesburg Stock Exchange, Economic Empowerment, South, Harvard, Economic, Government, Black, Mr, Stellenbosch University . White, Statistics, Security, JOHANNESBURG Jobs, JOHANNESBURG Sandton Downtown, West University, Education, Statistics South, General Household Survey, of, Stellenbosch University, Ministry of Justice and Correctional Services, Institute for Security Studies, International Court of Justice Locations: Africa, South Africa, Black, States, Soweto, Kliptown, Johannesburg, South, Saharan Africa, Carletonville, JOHANNESBURG, Downtown Soweto, JOHANNESBURG Sandton, JOHANNESBURG Sandton Downtown Soweto, North, Mahikeng, Botswana, Statistics South Africa, Brazil, Mexico, Philippines, African, Germany, Russia, India, China, Ethiopia, Burundi, Zimbabwe, Ukraine, New York Times South Africa, Gaza, Durban, South Africa’s

☆ Meet the Dubai artist whose work has sold for millions — and turns down 99% of prospective buyers
▼ + stars: | 2024-04-26 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +2 min

watch nowContemporary artist Sacha Jafri prides himself on his unique way of working. The artist Sacha Jafri at his studio in Dubai, U.A.E. He said he goes into a meditative state when creating his work. So, I'm in a meditative state, I'm in a complete trance, I have no clue what I'm doing. Artist Sacha Jafri painting on the helipad at the Burj Al Arab Jumeirah hotel in Dubai.

Persons: Sacha Jafri, Jafri, I've, Andre Abdoune, Emad Salehi Organizations: Oxford, Ruskin School of Art, CNBC, Burj, Burj Al Arab Jumeirah Locations: Dubai, London, U.S, British, U.A.E, Burj Al Arab

☆ Trent Alexander-Arnold: ‘Win the trophy. That’s what we can achieve,’ says Liverpool star of England’s chances at Euro 2024
▼ + stars: | 2024-04-26 | by ( Zayn Nabbi | Darren Lewis | ) edition.cnn.com time to read: +2 min

CNN —Liverpool star Trent Alexander-Arnold says that the England squad will head to Euro 2024 believing it can win the European Championship in Germany this summer. Speaking to CNN’s Senior Sports Analyst Darren Lewis, the Three Lions defender was bullish about England’s chances at the Euros. That’s what we can achieve,” said Alexander-Arnold. It’s the furthest thing from arrogance, but you have to have confidence and believe you can win it, otherwise you can’t. “I would say midfield, I think, in an England shirt,” said Alexander-Arnold, who usually plays for Liverpool in defense as a right-back.

Persons: Trent Alexander, Arnold, Darren Lewis, ”, Alexander, “, we’ve, we’ll, We’ll, ” Alexander, Arnold hasn’t, Gareth Southgate, Southgate, Eddie Keogh, Real Madrid’s Jude Bellingham, I’ve, – Organizations: CNN, Liverpool, England, European, Three Lions, “, Premier League, Fulham, Real Madrid’s, Lions Locations: Germany, Merseyside, England, George's Park, “, Italy, Qatar

☆ Aya Nakamura: The most streamed female Francophone artist has become a target in France’s culture wars ahead of Paris 2024
▼ + stars: | 2024-04-26 | by ( Bea Adeleke | ) edition.cnn.com time to read: +11 min

CNN —Aya Nakamura was born in the former French colony of Mali, raised in France and is widely considered the most streamed female Francophone artist in the world. However, ahead of Paris 2024, Nakamura finds herself at the center of France’s culture wars. Aya Nakamura attends the Kenzo Menswear Fall-Winter 2023-2024 show as part of Paris Fashion Week on January 20, 2023 in Paris, France. “I think that the people who criticize her actually don’t accept that she embodies France,” French activist Rokhaya Diallo told CNN. Politicians such as Le Pen hailed the legislation as an “ideological victory” whilst French health Minister, Aurelien Rousseau resigned in protest.

Persons: Aya Nakamura, Nakamura, Edith Piaf, Piaf, “, ”, I’m, Rachida, Kenzo, Pascal Le Segretain, Marion Maréchal, Marine Le, Rokhaya Diallo, ” Nakamura, ’, le, Geoffroy Van Der, Emanuel Macron, Nakamura “, Le Pen, Vincent Martigny, Thomas Samson, Marion Marechal, Emmanuel Dunand, Martigny, Diallo, Zinedine Zidane, ” Diallo, ‘, Oliver Roy, Reynaud Julien, Macron, Aurelien Rousseau Organizations: CNN, France’s, of Culture, Rally, Blacks, Rassemblement National, Getty, Olympic Aquatics, France Inter, Science, University of Nice, National Assembly, soccer team, Paris Olympic, Le, Palais des Sports, EUI, of Transnational Governance, Twitter, APS, France, BMFTV, RMC Locations: Mali, France, French, Paris, Bamako, Europe, ”, Geoffroy Van Der Hasselt, AFP, Rassemblement, Ukraine, North, Carhaix

☆ Lessons in Democracy From F.C. Porto
▼ + stars: | 2024-04-26 | by ( Rory Smith | ) www.nytimes.com time to read: +1 min

Few, though, will prove quite so virulent — or offer quite such an instructive case study of the state of democracy in 2024 — as the one to decide who gets to be president of F.C. Like dozens of clubs around Europe, Porto — one of the three great houses of Portuguese soccer — is owned by its members. Only a small percentage of members vote. The choice is usually between two essentially indistinguishable old men, when there is a choice at all. Until the last round of elections, in 2020, Porto had been a democracy in only the most nominal sense.

Persons: — Organizations: European Union, F.C, Porto Locations: Porto, Europe, Porto —

Whispering in the ears of the billionaires and celebrities doing the buying, however, are investment bankers. Like other sports bankers BI interviewed for our list of top sports bankers, he exemplified a good-humored, approachable attitude, including joking about his many sports allegiances. Related stories"Earlier in my career, I made the mistake of telling Bob Kraft that I was a New York Jets fan," Carey told BI recently. They're obsessive Jets fans, and they're just fans because I'm a Jets fan," Neville told BI. So that's why we'll be Jets fans forever."

Persons: it's, Goldman Sachs, Greg Carey, everyone's, Carey, Colin Neville's, he's, David Beckham, Steve Ballmer, Joe Tsai, Ballmer, Tsai, Neville, Andrew Kline, Kline, Bob Kraft, I'm, Robert Tilliss, There's, Abramovich, Vladimir Putin, Todd Boehly, Joe Lenehan, Michael Arougheti, David Rubenstein's, doesn't, there's Organizations: NBA, JPMorgan, Business, The, PJT Partners, Chelsea FC, Baltimore Orioles, Sports, Goldman, Endeavor, WWE, Microsoft, Beckham's, Los Angeles Clippers, Brooklyn Nets, Barclays Center, St, Louis Rams, Los Angeles Rams, Golden State Warriors, Miami Heat, Harvard, US Rugby National, Cal, New York Jets, BI, Patriots, Giants, Rays, Chelsea, Circle, Atlanta Hawks NBA, New York Mets, NFL, soccer's Premier League, Russian, Chelsea football, LA Dodgers, Yankees, Manchester United Games, Jets, we'll Locations: European, Los Angeles, Berkeley, Barcelona, Ukraine, New York

☆ FAFSA delays could have some students thinking about a gap year—3 factors to consider before you do
▼ + stars: | 2024-04-26 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +2 min

Many students take what's known as a gap year before attending college for a variety of reasons. While the practice is more common in the United Kingdom and other European countries, gap year interest is growing in the U.S., according to the nonprofit Gap Year Association. Others may take stock of their admission offerings and financial aid packages and decide they want to try their luck in the next application cycle. As many students and families anxiously await delayed financial aid offers due to hiccups in the Free Application for Federal Student Aid process, taking a gap year could help give some students more time to weigh their college decision. You also may be banned from applying to other colleges if your place is being held at one school.

Persons: Karen McCarthy, you've Organizations: Federal, National Association of Student Financial, CNBC Locations: United Kingdom, U.S

☆ European markets set to open higher as positive momentum returns
▼ + stars: | 2024-04-26 | by ( Karen Gilchrist | ) www.cnbc.com time to read: 1 min

European markets were poised to open higher Friday, regaining momentum after a dip in yesterday's session. The pan-European benchmark Stoxx 600 index ended Thursday's session lower as investors digested a slew of first-quarter earnings, as well as a potential mining takeover bid. Looking ahead, corporate releases on Friday come from L'Oreal, TotalEnergies and NatWest. Asia-Pacific markets were higher after the Bank of Japan kept its benchmark policy rate at 0%-0.1%, as expected. Meanwhile, U.S. stock futures rose overnight as Big Tech names Alphabet and Microsoft saw shares rally on strong earnings.

Organizations: L'Oreal, TotalEnergies, NatWest, Bank of Japan, U.S, Big Tech, Microsoft Locations: Asia, Pacific

☆ We need to step up to create more resilience, deterrence: Saab CEO
▼ + stars: | 2024-04-26 | 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 EmailWe need to step up to create more resilience, deterrence: Saab CEOSaab CEO Michael Johansson discusses the outlook for defense spending by European countries.

Persons: Michael Johansson Organizations: Saab

☆ Far-Right Greek Party Is Banned From E.U. Parliament Elections
▼ + stars: | 2024-04-25 | by ( Niki Kitsantonis | ) www.nytimes.com time to read: +1 min

A small far-right party that unexpectedly entered the Greek Parliament last year will not be allowed to field candidates for the European Parliament this summer after Greece’s Supreme Court found that it was essentially a reincarnation of the banned neo-Nazi party Golden Dawn. In its decision about which parties can run in the European Parliament elections, issued on Wednesday, the court found that the party, Spartans, “offered their party as a cloak for the new political party of Ilias Kasidiaris,” the former spokesman of Golden Dawn who is currently in prison. Mr. Kasidiaris, the court said, is the true leader of Spartans, which “substitutes” for Golden Dawn, serving as a front that allowed him to circumvent eligibility restrictions. The decision was announced a few weeks after a prosecutor for the Greek Supreme Court indicted several Spartans lawmakers on charges of electoral fraud, and before an anticipated ruling from another court that could lead to the party losing its seats in the Greek Parliament.

Persons: “, Ilias Kasidiaris, Golden, Kasidiaris, Golden Dawn Organizations: Greece’s, Nazi, Spartans, Golden, Greek Supreme

☆ European markets set to open higher as investors look to fresh earnings
▼ + stars: | 2024-04-25 | by ( Karen Gilchrist | ) www.cnbc.com time to read: 1 min

European markets looked set to open higher Thursday, rebounding from a dip in yesterday's session as investors look ahead to a fresh set of earnings. Markets lost momentum and shifted lower on Wednesday, with the U.K.'s FTSE 100 snapping a five-day winning streak.

☆ A Puzzling Move by a Political Survivor Grips Spain
▼ + stars: | 2024-04-25 | by ( Jason Horowitz | Rachel Chaundler | ) www.nytimes.com time to read: +1 min

A wave of political turmoil crashed over Spain on Thursday as Prime Minister Pedro Sánchez publicly weighed resigning his post after a judge agreed to investigate his wife over allegations that he and other officials decried as a politically driven smear campaign. Mr. Sánchez, whose political survival skills have for years astonished his supporters and detractors alike, wrote in a public letter Wednesday that the accusations against his wife, Begoña Gómez, were false and amounted to harassment. One of the most prominent leftist leaders in Europe, Mr. Sánchez has canceled his public schedule while he reflects on his next move. He plans to address the nation on Monday. As Mr. Sánchez holed up with his family and resisted the entreaties of his allies to hit the campaign trail ahead of key elections in the Catalonia region and for the European Parliament, supporters talked about mobilizing rallies to convince him to stay.

Persons: Pedro Sánchez, —, Sánchez’s, Sánchez, Begoña Gómez Locations: Spain, Europe, Catalonia

One strategist, however is looking keenly at European equities, and notes that "Europe isn't a boring market." "You would hope that will translate through to the stock market in terms of company earnings growth in Europe. "While you might see some kind of short-term downturn, in the longer-term the picture is very positive for the sector," Field added. He sees value in payments, which he described as "one of the most undervalued parts of European financial services." The sector has trailed market performance, with valuations looking "interesting" over the last 12 months, Morningstar noted in its recent report.

Persons: Michael Field, Field, Morningstar Organizations: CNBC Pro, European Central Bank, Consumer, Swatch Group, Financial, Morningstar, ING Bank, Group, Health, Novo Nordisk Locations: U.S, Europe, Netherlands, British, Swiss

☆ 'Americans just work harder' than Europeans, said the CEO of Norway's $1.6 trillion oil fund
▼ + stars: | 2024-04-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

The CEO of Norges Bank told the FT that he thinks Americans work much harder than Europeans. AdvertisementEuropeans are less ambitious and don't work as hard as Americans, said Nicolai Tangen, the CEO of Norway's $1.6 trillion oil fund. In Europe, you're dead," Tangen told The Financial Times in an interview published on Wednesday. "I should be careful about talking about work-life balance, but the Americans just work harder." It's true that Americans, on average, work longer hours than their European counterparts, according to data collected from 2019 to 2022 by the Organisation for Economic Co-operation and Development.

Persons: Nicolai Tangen, —, Tangen, That's, they've Organizations: Norges Bank, Service, Financial Times, Norges, Apple . Norges Bank, Organisation for Economic Co, Development, European Union, OECD Locations: America, Europe, European

☆ Macron, Battling the Far Right at Home, Pushes for a Stronger Europe
▼ + stars: | 2024-04-25 | by ( Roger Cohen | Aurelien Breeden | ) www.nytimes.com time to read: +1 min

The nearly two-hour speech reflected Mr. Macron’s conviction that only a reinforced and “sovereign” European Union — a “Europe power,” as he puts it — can save the continent from strategic irrelevancy in an unstable world that is dominated by the United States and China and confronting wars in Europe and the Middle East. “We must be lucid about the fact that our Europe is mortal,” Mr. Macron declared before an audience of government ministers, European ambassadors and other dignitaries. “It can die. It can die and whether it does depends entirely on our choices.”The speech, at the Sorbonne University in Paris, was a follow-up to one that Mr. Macron gave in the same location in September 2017. Then, Mr. Macron discussed the future of Europe and the European Union as a young, recently elected and disruptive president still enjoying a political honeymoon.

Persons: Emmanuel Macron, Mr, Macron Organizations: ”, Sorbonne University, European Union Locations: France, Europe, Ukraine, United States, China, Paris

☆ TikTok suspends TikTok Lite rewards program in the EU amid regulatory scrutiny
▼ + stars: | 2024-04-25 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

Washington CNN —TikTok said Wednesday it would suspend a controversial program in the European Union that has prompted growing alarm among EU regulators. The program at issue appears within TikTok Lite, a less data-intensive version of TikTok’s main app, and which contains a feature that rewards users with cash for engaging with TikTok content and app features. “TikTok always seeks to engage constructively with the EU Commission and other regulators,” TikTok said in a post on X. “We are therefore voluntarily suspending the rewards functions in TikTok Lite while we address the concerns that they have raised.”The EU warnings to TikTok reflected an exercise of new oversight powers granted by the Digital Services Act, the trading bloc’s recently enacted law governing online platforms. TikTok also faces further, additional fines of up to 6% of its global annual revenue if the TikTok Lite feature is determined to be in violation of the DSA.

Persons: Washington CNN — TikTok, TikTok, “, “ TikTok, ” TikTok, Joe Biden Organizations: Washington CNN, European Union, European Commission, EU Commission, Digital Services, TikTok, Commission, DSA, Wednesday Locations: European, Europe, United States, Israel, Ukraine

☆ Federated Hermes: European banking was 'about cost control' over the last year
▼ + stars: | 2024-04-25 | 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 EmailFederated Hermes: European banking was 'about cost control' over the last yearFilippo Alloatti of Federated Hermes discusses the outlook for the European Central Bank's monetary policy.

Persons: Filippo Alloatti, Federated Hermes Organizations: Federated, Central

☆ Hamas officials say group willing to disarm if Palestinian state is established
▼ + stars: | 2024-04-25 | by ( Abbas Allawati | Abbas Al Lawati | ) edition.cnn.com time to read: +5 min

The Palestinian militant group has long called for the Jewish state to be destroyed. Basem Naim, an Istanbul-based member of Hamas’ political bureau, told CNN on Thursday that the group would agree to disarm if an independent Palestinian state was established. Hamas has traditionally rejected a two-state solution that would see a Palestinian state established alongside Israel and has instead advocated the creation of a Palestinian state in all of historic Palestine that today encompasses Israel, the occupied West Bank, occupied East Jerusalem and Gaza. Barghouti said Hamas indicated as far back as 2007, when it led a Palestinian national unity government, that it is willing to accept a Palestinian state along the 1967 borders. Last week, Turkish Foreign Minister Hakan Fidan said at a news conference in the Qatari capital Doha that Hamas is willing to function solely as a political party once a Palestinian state is created, citing meetings between the group and Turkish officials.

Persons: Basem Naim, Al Qassam, ”, Mustafa Barghouti, Efraim Inbar, Israel ”, Israel “, Netanyahu, Khalil al, Hayya, ” Israel, Benjamin Netanyahu, Hayyah, Barghouti, Naim, Hakan Fidan, “ Organizations: CNN, Palestinian, Hamas, Israel, West Bank, Palestinian National Initiative, Jerusalem Institute for Strategy, Security, Associated Press, AP, Palestine Liberation Organization, PLO, Oslo Accords, Turkish, Qatari Locations: Israel, Gaza, Istanbul, Jerusalem, Palestinian, Palestine, East Jerusalem, United States, Israeli, Oslo, Doha, Turkish

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