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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAutomotive expert discusses what to expect at the 2024 Beijing Auto ShowFabian Brandt, global head of automotive at Oliver Wyman, discusses the "brutal" price war in the electrical vehicle market and how Chinese players compare with their Western counterparts.
Persons: Fabian Brandt, Oliver Wyman Locations: Beijing
Both the US and Israel used weapons capable of killing missiles in space to fend off Iranian weapons last weekend. Videos circulating online from the fight appeared to show an exo-atmospheric kill, though details are few. Intercepting a ballistic missile outside the Earth's atmosphere is a challenging task, an expert told Business Insider. Very unique footage showing an exoatmospheric interception amid the Iranian ballistic missile attack, likely by the Arrow 3 air defense system. The SM-3 is also capable of destroying short- to intermediate-range ballistic missiles during the midcourse phase and can hit targets outside the Earth's atmosphere.
Persons: , Arrow, wrZNCV01tn — Emanuel, Mannie, Fabian, @manniefabian, Sidharth, Kaushal, Amir Cohen Organizations: Service, US, Iranian, ABM, Times, US Department of Defense, Israel Defense Force, Arrow, Royal United Services Institute, Reuters, Israel, Houthi, Center, Strategic, International Studies, Washington DC, US Navy, Missile Defense Locations: Israel, Iranian, Iran, Ashkelon, Washington
Iran's aerial attack on Israel mirrored Russian tactics in Ukraine, according to analysts. Another analyst disagreed, saying Iran used similar tactics long before Russia's full-scale invasion. AdvertisementSome military analysts are comparing Iran's attempt to bombard Israel over the weekend with Russian tactics in Ukraine. The IDF estimated that the attack used 170 drones, 30 cruise missiles, and 120 ballistic missiles. He pointed to Iran's 2019 attack on two major Saudi oil refineries, which also reportedly used drones combined with cruise missiles.
Persons: , Brian Carter, Frederick W, Kagan, Fabian Hinz, Hinz, Carter, Rodger Shanahan, it's, Israel, Shanahan Organizations: Service, Israel Defense Forces, American Enterprise, IDF, London's International, for Strategic Studies, CBS, Lowy Institute, ABC News Locations: Israel, Ukraine, Iran, ABC News Australia, Damascus, Syria
The Iranian armed forces are among the biggest in the Middle East, with 580,000 soldiers and officers and also 200,000 reservists. The start of a direct military confrontation between Iran and Israel has brought renewed attention to Iran’s armed forces. Instead, Israel and Iran have been engaged in a long shadow war via air, sea, land and cyberattacks, and Israel has covertly targeted military and nuclear facilities inside Iran and killed commanders and scientists. It’s that they realize any war against Iran is a very serious war.”What sort of military threat does Iran pose? The commander in chief of Iran’s armed forces is the supreme leader, Ayatollah Ali Khamenei, who has the last word on all major decisions.
Persons: , Afshon Ostovar, “ It’s, Ayatollah Ali Khamenei, Fabian Hinz, , Atta Kenare, Ostovar, Ayatollah Khamenei, Shah Mohammed Reza Pahlavi, Will Israel’s Organizations: Naval Postgraduate School, Islamic Revolutionary Guards Corps, International Institute for Strategic Studies, Guards, General Staff of, Armed Forces, Quds Force, Agence France, Phantoms, Iranian Army, Associated Press Locations: Tehran, Iranian, Iran, Israel, Damascus, United States, Washington, Lebanon, Yemen, Syria, Iraq, Jihad, Gaza, Berlin, speedboats, Persian, Hormuz, Russia, Ukraine, Sudan, North Korea
The weapons Iran used on Saturday can travel much farther, and some of them can travel much faster. Still, Israel said that nearly all of the missiles and drones that Iran fired were intercepted, many with help from U.S. forces. In Saturday’s attack, 185 drones, 36 cruise missiles and 110 surface-to-surface missiles were fired toward Israel, according to Israeli military officials. It has a range of more than 1,200 miles — plenty to reach Israel from Iran. In recent decades, Iran has largely been focused on deterrence, long-range missiles, drones and air defenses.
Persons: Israel, Fabian Hinz, Jeffrey Lewis Organizations: Hamas, Islamic, Fajr, International Institute for Strategic Studies, Islamic Revolutionary Guards Corps, Iraqi Popular Mobilization Forces, International Security, U.S . State Department Locations: Iran, Israel, U.S, Iraq, Yemen, Berlin, United States, Vietnam
The White House confirmed the attack was underway and underlined American support for Israel. Iran has threatened retaliation for an earlier strike by Israel on Iranian military targets in Syria. AdvertisementIran has begun an airborne attack against Israel, the White House confirmed on Saturday. Iran threatened to retaliate after Israel struck an Iranian consulate in Damascus, Syria on April 1, killing several high-level Iranian military commanders. The United States will stand with the people of Israel and support their defense against these threats from Iran."
Persons: , Kian Sharifi, Emanuel Fabian, Biden, Adrienne Watson Organizations: Saturday, White House, Service, Free, White Locations: Iran, Israel, Syria, Iranian, Damascus, United States
Is it last orders for London’s nightlife?
  + stars: | 2024-04-06 | by ( Anna Cooban | ) edition.cnn.com   time to read: +9 min
London CNN —It’s Thursday, 11.00 p.m., and on a street in London’s Soho district, there’s a loud clatter. “People haven’t got the money,” she told CNN. “That’s when their bills started coming through, the first heating bills from the winter,” he told CNN. Even before the ravages of the pandemic, the number of London’s nightlife venues was in steady decline. They don’t just go out for the sake of going out now,” she told CNN.
Persons: London CNN —, Lesley Lewis, haven’t, , Michael Kill, Grazyna, ” Kill, , , that’s, Kill’s, Jeremy Joseph, Freddie Mercury, ” Joseph, Jack Henry, Henry, Lutz Leichsenring, Fabian Sommer, Leichsenring, London’s, Sadiq Khan, Amy Lamé, Lamé, Khan, Lamé “, Charlie Fenemer, It’s, Becky Lam, Lam, ” Chris Lau Organizations: London CNN, Staff, CNN, Time Industries Association, York Minister, London, , , German Commission, UNESCO, United Nations, Office, National Statistics, City Hall, Labour, Shady Locations: London’s Soho, London, Wales, Soho , London, Hoxton, London’s, Berlin, “ Berlin, Hong Kong, Soho, Hong, Beijing
Taiwan's 7.2-magnitude earthquake has drawn seemingly friendly messages on China's social media. But they're also indicative of China's ambitions for Taiwan, and what Chinese people think of the island. AdvertisementA 7.2-magnitude earthquake that hit Taiwan on Wednesday morning prompted a wave of concerned messages on mainland China's social media, diverting from the usual hostile rhetoric toward the self-governed island. Like many of China's social media platforms, Weibo is heavily censored and moderated. However, kinetic conflict is still widely viewed on social media as only one of several options for unification.
Persons: they're, , Fabian Hamacher, Xi Jinping, Zhang Yongjin, Xi Organizations: Service, Wednesday, Reuters, REUTERS, Business, Taiwan, People's Liberation Army, PLA, Getty, Observers Locations: Taiwan, Hualien, New Taipei City, Weibo, Beijing, China, Shiyuan Township, Jishishan County, Gansu Province, Xinhua, Sichuan, Taipei
Interest in universal basic income has grown due to the pandemic, Elon Musk, Sam Altman, and economic pain. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementYet a common question and concern about UBI remains how people spend the money. Related storiesThe Guaranteed Income Pilots Dashboard , a joint project from the Stanford Basic Income Lab and the Center for Guaranteed Income Research, pulls together data from more than 30 pilot programs in the US involving nearly 8,300 participants. GiveDirectly, a nonprofit, is providing universal basic income to 20,000 people across 200-odd royal villages in Kenya over 12 years.
Persons: Elon Musk, Sam Altman, , It's, Karl Widerquist, Fabian Wendt, Rebecca Hasdell, UpTogether, Monique Gonzalez, Stephanie Hendon, Widerqist, Matt Bruenig, Douglas MacKay, Chapel Hill, MacKay Organizations: Service, Georgetown University, Qatar, Stanford, Income, Center, Research, UNC, Chapel Locations: Virginia, Kenya, San Antonio , Texas
For over a decade, allies have chronically underspent on defense while the West’s adversaries modernized and bolstered their own military capabilities. Defense spending stayed low across the West not just because of budget pressures, but also because everyone – including the US – was frightened to provoke Russia. However, the nature of NATO allies’ support for Ukraine – much of it direct military support – has exposed the vulnerability that years of underfunding has caused the alliance. Fabian Bimmer/Pool/ReutersThis means that the challenge in front of NATO allies now is not just how can they meet the demand for weapons coming from Ukraine, but how do they reverse years of underfunding their own defenses? Some allies don’t trust that others will be quite so generous with defense spending if the Russia-Ukraine war were to end.
Persons: Vladimir Putin’s, Putin, Volodymyr Zelensky, Murat Kula, , ” John Herbst, Antony Blinken, Ulf Kristersson, Andrew Caballero, Reynolds, underfunding, It’s, Herbst, NATO’s, , Jens Stoltenberg, Olaf Scholz, Fabian Bimmer, Stoltenberg, ” Stoltenberg, Peter Ricketts, Douglas Lute, Organizations: CNN, NATO, Turkish, Anadolu Agency, Pentagon, , Swedish, US State Department, Getty, Ukraine, Rheinmetall, Trump Locations: Soviet, Bosnia, Kosovo, Afghanistan, Iraq, Ukraine, United States, British, Vilnius, Russia, Kyiv, Europe, Germany, AFP, North Korea, Iran, Washington, Unterluess, Baltic, Brussels, Finland, Sweden, NATO
CNN —Crowds gathered in Germany overnight to celebrate the legalization of cannabis starting from Monday. Adults can now cultivate up to three cannabis plants for private consumption. From July 1, cannabis will be available in licensed not-for-profit clubs with no more than 500 members – all of whom would have to be adults. The German government said that cannabis would remain illegal for minors and highly restricted for young adults, adding that consuming the drug near schools and playgrounds would be illegal. The move makes Germany the third country in Europe – after Malta and Luxembourg – to legalize the drug for recreational use, removing cannabis from the official list of banned substances.
Persons: Fabian Sommer, Karl Lauterbach, it’s, Organizations: CNN Locations: Germany, Berlin, Europe –, Malta, Luxembourg, Netherlands, Australia
Taiwan Sees US Support Unchanged No Matter Who Wins Election
  + stars: | 2024-03-27 | by ( March | At P.M. | ) www.usnews.com   time to read: +2 min
TAIPEI (Reuters) - Taiwan's foreign ministry said on Thursday it believes U.S. support will remain unchanged no matter who wins the presidential election, but it will stay on guard for Taiwan-China issues being "manipulated" as the campaign heats up. In a report to lawmakers, Taiwan's foreign ministry noted that even though the U.S. election's outcome was not certain, there was cross-party support for the island. Taiwan will continue to have balanced exchanges with both parties, but needs to be on guard for how Taiwan-China issues may feature in the election, the ministry added. Meeting Taiwan President Tsai Ing-wen in Taipei on Thursday, U.S. "This includes a strong Taiwan maritime strategy and how we can work together on shared goals to counter China on their increasingly aggressive actions in the region."
Persons: Trump, Joe Biden, Tsai Ing, Jack Bergman, Bergman, Donald Norcross, Jimmy Panetta, Taiwan's, Ben Blanchard, Fabian Hamacher Organizations: Taiwan, Republican, House Armed Services, Democratic Locations: TAIPEI, Taiwan, China, U.S, Taipei, United States
All of this has given rise to climate adaptation, a sector that aims to mitigate against and adapt to the risks associated with climate change. For James Brennan and Navjit Sagoo, two of the scientists behind climate risk analytics startup Climate X, it is imperative that adaption efforts go hand in hand with those working to curb rising temperatures. Indeed, Bank of America analysts predicted the climate adaptation industry would be worth $2 trillion a year by 2026. Climate X made its calculations based on the UN's Intergovernmental Panel on Climate Change's RCP8.5 scenario, which has been deemed to be a "very high" baseline for emissions. Mike Segar/ReutersAll hands on deckThe need for climate adaptation is clear but often overlooked until an extreme weather event occurs, according to Landesman and Chaudhury.
Persons: , James Brennan, Navjit Sagoo, Abrar Chaudhury, Autarc, Bill Gates, Tucker Landesman, Helge Jørgensen, Mike Segar, Brennan, Sagoo Organizations: Service, Business, Bank of America, Climate, X, Deloitte, University of Oxford's, Business School, New York Times, New, London, Fabian Society, Tech, Breakthrough Energy Ventures, Goldman Sachs, Management, Air, International Institute for Environment, Development Locations: London, New York City, New York, California, Autarc , Massachusetts, Medellin, Colombia, Europe, PitchBook, Mamaroneck, Westchester County , New York, U.S
A tale of two muni markets
  + stars: | 2024-03-12 | 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 EmailA tale of two muni marketsMatt Fabian, Municipal Market Analytics partner and lead analyst, joins 'The Exchange' with CNBC's Rick Santelli to discuss trends in demand for muni bonds, risks of default, and more.
Persons: Matt Fabian, Rick Santelli Organizations: Analytics
Read previewA startup helping Shell, Origin Energy, and Mitie spin up renewable energy projects has just raised £3.3 million, around $4.2 million, in funding from London-based AlbionVC. Gridcog, founded in 2020 in Australia but now headquartered in London, has built a software platform for modeling and simulating renewable energy projects. It helps customers figure out where best to put solar, energy storage, and EVs, and optimize those plans for commercial and climate goals. "With energy projects, there can be hundreds or even thousands of ways of building them," said Gridcog's UK and European head Genna Boyle. Renewable energy capacity needs to double to reach net zero in the energy sector by 2050, per the International Energy Agency.
Persons: , Genna Boyle, you've, Boyle, Gridcog, Pete Tickler, Fabian Le Gay Brereton, Tickler Organizations: Service, Shell, Origin Energy, Business, International Energy Agency, Power, Energy, Mitsubishi Heavy Industries Locations: London, Australia, New Zealand
DOHA, Qatar (AP) — Twins Wang Liuyi and Wang Qianyi added to their artistic swimming medal haul at the World Aquatics Championships with a narrow victory in the duet free routine on Thursday. The 27-year-old Chinese stars claimed gold with 250.7729 points, edging another set of twins, Bregje and Noortje de Brouwer of the Netherlands, at 250.4979. The Wang sisters have each won four gold medals in Doha. They also paired up to claim the top spot in duet technical routine, and were both members of the Chinese squad that claimed gold in team acrobatic and team technical. The Hungarian squad of Bettina Fábián, Mira Szimcsák, Dávid Betlehem and Kristóf Rasovszky settled for the bronze in 1:04:06.80.
Persons: Wang Liuyi, Wang Qianyi, Noortje de Brouwer, Kate Shortman, Isabelle Thorpe, Wang, Moesha Johnson, Chelsea Gubecka, Nicholas Sloman, Kyle Lee, Lee, Domenico Acerenza's, Giulia Gabbrielleschi, Arianna Bridi, Domenico Acerenza, Bettina Fábián, Mira Szimcsák, Dávid, Kristóf Rasovszky, ___ Organizations: , Doha Old Locations: DOHA, Qatar, Netherlands, Doha, Australia, Italy, Doha Old Port
Gaining a better understanding of the impact of artificial light on these winged creatures is crucial as light pollution plays an increasing role in the decline of global insect populations, the researchers wrote. Artificial light confuses nocturnal insectsWhen artificial light does not interfere, nocturnal insects keep their backs pointed toward whatever direction is brightest, which is typically the sky versus the ground. By using insect-scale motion-capture cameras, the researchers determined that the flying insects exhibited three consistent behaviors: orbiting, stalling and inverting. Moths and other insects can become trapped in a disorienting orbit around artificial light sources such as street lamps and porch lights. The new findings could help with conservation by fueling research on how to minimize the effects of light pollution on the insects, Dombroskie said.
Persons: it’s, critters, Samuel Fabian, Sam Fabian “, … It’s, ” Fabian, that’s, , Yash Sondhi, Sondhi, Sam Fabian, Fabian, Floyd Shockley, Shockley, ancestrally, , Jason Dombroskie, Dombroskie Organizations: CNN, Nature Communications, Imperial College London’s, Florida Museum, Florida International University, Smithsonian National Museum of, Cornell, Insect, National Wildlife Foundation Locations: bioengineering, Miami, Washington , DC
One of his videos provided the missing piece to link 400-year-old fossils with living euglenoids. And it helped them solve a scientific mystery that's confused biologists for decades. To find ancient evidence of euglenoids, van de Schootbrugge and his colleagues looked at microfossils — teensy fossils that are only a few millimeters in size. AdvertisementA chance viewing of a YouTube video helped van de Schootbrugge and his colleagues link the fossils and living euglenoids. The proof was in a pond (and on YouTube)There were two main problems with the cyst microfossils: what they were called and what they looked like.
Persons: Fabian Weston, , who's, Euglenoids, Bas, de, de Schootbrugge, they've, van de Schootbrugge, van de Schootbrugge's, Paul Strother, Strother, Van de Schootbrugge, Wilson Taylor Organizations: Service, Utrecht University, YouTube, New South Wales, University of Wisconsin, Eau Claire Locations: New South, Vouliagmeni, Greece
AI is set to transform leaders as well as the people they manage. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAI isn't just going to change your job — it's going to change your manager too. This story is available exclusively to Business Insider subscribers.
Persons: , it's, Fabian Stephany Organizations: Service, Oxford Internet Institute, Business
The question of what brings insects toward lights of all kinds — from flames to porch lamps — is an ancient one. AdvertisementIt was as if they were using the light source as a way to orient themselves to the sky. Sam FabianBut Fabian said they tested this theory and found that some insects started traveling in a different direction when a new light source switched on. A less-bright future for insectsThere's a reason scientists have long sought to answer the question of why insects are attracted to artificial light. Oboyski also worries that light pollution is impacting the way insects navigate through their environments.
Persons: , Mary Esther Murtfeldt, Sam Fabian, Chris Robbins, Getty Images Fabian, Yash Sondhi, Fabian, Peter Oboyski, wasn't, Oboyski, Sam Fabian Fish, It's, Sondhi, they're Organizations: Service, Imperial College London, Business, Getty Images, Essig, of Entomology, Nature Communications Locations: Costa Rica
By Fabian HamacherPINGTUNG, Taiwan (Reuters) - Taiwan's air force showed off its armed-to-the-teeth submarine hunters and early warning and control aircraft on Tuesday, demonstrating how it keeps watch on the skies and waters around the Chinese-claimed island. Taiwan's air force, dwarfed by China's but well-armed with mostly U.S. equipment, has been at the front lines of responding to these missions and regularly scrambles to shadow and warn away Chinese aircraft and ships. On a defence ministry-organised media visit to the Pingtung air base in southern Taiwan, the air force displayed its Lockheed Martin P-3C Orion anti-submarine aircraft and Northrop Grumman-built E-2K Hawkeye early warning and control aircraft. The air force also conducted flybys with one of their E-2K Hawkeye aircraft. Taiwan has reported Chinese warships and warplanes frequently passing through the Bashi Channel.
Persons: Fabian Hamacher PINGTUNG, Lockheed Martin, Crews, Tsai Tsung, Fabian Hamacher, Ben Blanchard, William Maclean Organizations: Lockheed, Northrop Grumman, U.S . Navy, Hawkeye Locations: Taiwan, China, Taipei, Philippines, Pacific . Taiwan
With one team scoring after just 18 seconds and another after 21 seconds, the Premier League made an explosive return Tuesday following the competition's short winter break. Arsenal left it much later for its goals in a win that kept the pressure on Liverpool at the top. Arsenal might be able to maintain a title push heading into the final months of the campaign, but can Aston Villa? Adebayo's first came after just 18 seconds and it was barely the quickest of the night, with Ben Brereton Diaz scoring after 21 seconds for Sheffield United in its 3-2 loss at Crystal Palace. Ollie Watkins grabbed a consolation for Villa, which will drop to fifth place if Tottenham beats Brentford on Wednesday.
Persons: Gabriel Jesus, Bukayo, Aston, Unai, Villa, Elijah Adebayo, Ben Brereton Diaz, JESUS, ARSENAL Gabriel Jesus, Oleksandr Zinchenko, Matt Turner —, Jesus, Taiwo Awoniyi, Villa hadn't, Fabian Schar, Alex Moreno’s, Ollie Watkins, ___ Steve Douglas Organizations: Premier League, Arsenal, Liverpool, Arsenal's, Nottingham Forest, Aston Villa, Champions League, Luton, Sheffield United, Crystal Palace, Fulham, Everton, ARSENAL, Forest, Chelsea, VILLA, Newcastle, Villa, Tottenham, Brentford, Wednesday Locations: Liverpool, Newcastle, Brighton, Brazil, Oleksandr
Rather than being attracted to light, researchers believe that artificial lights at night may actually scramble flying insects' innate navigational systems, causing them to flutter in confusion around porch lamps, street lights and other artificial beacons. Political Cartoons View All 253 ImagesThat would make sense if the strongest light source was in the sky. But in the presence of artificial lights, the result is midair confusion, not attraction. They also documented that some insects will flip upside down — and often crash land — in the presence of lights that shine straight upward like search lights. Insect flight was least disrupted by bright lights that shine straight downward, the researchers found.
Persons: that's, , Tyson Hedrick, Hill, “ They're, Sam Fabian, Avalon Owens Organizations: WASHINGTON, University of North, Imperial College London, Nature Communications, Harvard, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: University of North Carolina, Costa Rica
Russia appears to have put decoy flares on its cruise missiles, a world first. AdvertisementRussia appears to be putting decoy flares on its cruise missiles to reduce how often Ukraine successfully shoots them down. A video at the end of December appeared to show a Russian Kh-101 cruise missile using decoy flares during an attack. Ballistic missiles, which are typically faster than cruise missiles and can have larger warheads, have used such flares in the past. Russia is trying to stop losing missilesRussia has been firing vast numbers of cruise missiles across Ukraine during its invasion.
Persons: , Timothy Wright, Fabian Hoffmann, Hoffmann, It's, JUAN BARRETO, Wright, they'll, William Alberque, Alberque Organizations: Service, International Institute for Strategic Studies, Norway's University of Oslo, Russia, Getty Locations: Russia, Ukraine, Russian, Ukrainian, Bakhmut, Donetsk
Within that sphere we’re treated to a voice performance by Woods that is a small, hilarious, somewhat dismaying tour de force. Lauren doesn’t bother to keep a lid on his simmering contempt, he just recodes it as a stream of virtue-signaling cant. But on balance their subplots are just a distraction from the endless permutations of Lauren’s perpetual ego trip. (It’s less able to afford the dull stretches that start to crop up in later episodes.) But all things considered, “In the Know” is pretty funny.
Persons: Kaia Gerber, Ken Burns, Mike Tyson, Tegan, Sara —, Woods, Gabe Lewis, Lauren doesn’t, Jonathan Van Ness, Van Ness, Jennifer Lopez, , Norah Jones, James Earl Jones, Indiana Jones, Ravi Shankar, Lauren’s, Fabian, Caitlin Reilly, who’s, Sandy, Charlie Bushnell, Barb, Smith, Cameron, Carl, Carl Tart Organizations: Locations: Indian, Silicon
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