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Xi Visits Europe, Seeking Strategic Opportunity
  + stars: | 2024-05-05 | by ( Roger Cohen | Chris Buckley | ) www.nytimes.com   time to read: +1 min
On his first visit to Europe in five years, the Chinese president, Xi Jinping, appears intent on seizing opportunities to loosen the continent’s bonds with the United States and forge a world freed of American dominance. The Chinese leader has chosen three countries to visit — France, Serbia and Hungary — that each, to a greater or lesser degree, look askance at America’s postwar ordering of the world, see China as a necessary counterweight and are eager to bolster economic ties. At a time of tensions with much of Europe — over China’s “no limits” embrace of Russia despite the war in Ukraine, its surveillance state and its apparent espionage activities that led to the recent arrest in Germany of four people — Mr. Xi, who is arriving in France on Sunday, wants to demonstrate China’s growing influence on the continent and pursue a pragmatic rapprochement. For Europe, the visit will test its delicate balancing act between China and the United States, and will no doubt be seen in Washington as a none-too-subtle effort by Mr. Xi to divide Western allies.
Persons: Xi Jinping, Mr, Xi Organizations: Locations: Europe, United States, — France, Serbia, Hungary, China, Russia, Ukraine, Germany, France, Washington
Turkey spent nearly two years — along with Hungary — holding up Sweden's accession to NATO. Within hours of Ankara's decision, the U.S. approved a $23 billion sale for F-16 fighter jets to Turkey that had been delayed since 2021. It's worth noting that Hungary has yet to approve Sweden's NATO bid, and remains the only member of the alliance standing in the way of the Nordic country's accession. Turkey seemingly has a unique position that allows it to push the envelope and cross lines with its NATO allies. "My approval of Turkey's request to purchase F-16 aircraft has been contingent on Turkish approval of Sweden's NATO membership.
Persons: Turkey Recep Erdogan, It's, Recep Tayyip Erdogan, it's, Victoria Nuland, David Lepeska, Ben Cardin Organizations: NATO, Conference, Hungary —, UAE, Democratic, Senate Foreign Relations Locations: Turkey, Vilnius, Lithuania, Hungary, Sweden, Washington, Russian, Turkish, Eastern
Houthi military spokesman Yahya Saree claimed the group's responsibility for the attack, calling it their most severe yet. The group claim to support Palestinian civilians amid Israel's retaliatory military campaign in the Gaza Strip. Simultaneously, fighting is raging between Israel and Hamas in the Gaza Strip with no sign of abating despite diplomatic efforts by a number of countries. INTERNATIONAL WATERS RED SEA, YEMEN - NOVEMBER 20: This handout screen grab captured from a video shows Yemen's Houthi fighters' takeover of the Galaxy Leader Cargo in the Red Sea coast off Hudaydah, on November 20, 2023 in the Red Sea, Yemen. EU foreign ministers called in a joint statement for an immediate humanitarian pause that would lead to a lasting cease-fire.
Persons: Mohammed Huwais, Yemen's, Yahya Saree, Saree, Charles Myers, CNBC's, Myers, Hungary —, Israel's, Benjamin Netanyahu, Israel, hasn't, Mohammed Abed Organizations: Hamas, Afp, Getty, U.S . Central Command, Global Advisors, SEA, Galaxy Leader Cargo, Handout, Security, Palestinian Locations: Israel, Sanaa, Gaza, Red, Belize, Gulf, Aden, Iranian, Yemen, U.S, Gulf Aden, Rafah, Gaza's, YEMEN, Red Sea, Lebanon, Iran, Beirut, Hungary
“I’ll pay for travel and accommodation.”A resident of Avdiivka, Ukraine, near destroyed buildings on February 14. Other footage collected by Ukrainian units shows scenes of devastation, with high-rise buildings covered in holes from the constant Russian barrages. Ukrainian servicemen of the 47th Mechanized Brigade prepare for combat in a Bradley Fighting Vehicle, near to Avdiivka, on February 11, 2024. CNN cannot independently verify the claim, though recent combat footage geolocated to the town suggests Russia continues to suffer heavy losses even while it makes territorial gains there. “Our soldiers are demonstrating unprecedented heroism.”Vasco Cotovio wrote in London, Olga Voitovych and Svietlana Vlasova reported from Kyiv, Ukraine.
Persons: , Oleksandr Syrskyi, Rustem, ” Syrskyi, , Syrskyi, He’s, Volodymyr Zelensky, ” Zelensky, Maksym Zhorin, It’s, Zhorin, ‘ I’m, “ I’m, Kostiantyn, there’s, Avdiivka, Trump, Putin, Jens Stoltenberg, ” Stoltenberg, Genya Savilov, Andrii, ” Vasco Cotovio, Olga Voitovych, Svietlana Vlasova Organizations: CNN, Ukraine’s Defense, Separate, Brigade, , Russian, Kyiv falters, United, NATO, 47th Mechanized Brigade, Bradley, Getty, 3rd Brigade Locations: Ukrainian, Avdiivka, Ukraine, Moscow, Donetsk city, Bakhmut, Russia, Kherson, Donetsk, Brussels, Hungary, Washington, Kyiv, United States, AFP, , London
The cars come from BYD, the Chinese carmaker that is backed by Warren Buffett and has surpassed Tesla as the world’s biggest seller of electric vehicles (EVs). 1," a shipping carrier vessel intended to export BYD vehicles, at Yantai port in eastern China's Shandong province in January. BYD Mexico did not respond to a request for comment. “The US government is not going to like that Mexico is creating a back door.”A BYD electric vehicle, operated by Vemo taxi, in Mexico City in November. But as it continues to grow overseas, BYD will have to take a more localized approach, analysts say.
Persons: Warren Buffett, Tesla, BYD, Viktor Orbán’s, Yucatán, what’s, Elon Musk, Tu Le, carmaker, Hungary —, Matthias Schmidt, , , Schmidt, Bill Russo, it’s, Le, Mariceu Ethrall, It’s, “ It’s, ‘ We’re, ’ ”, Stella Li, México, ” Li, Wang Chuanfu, BYD “, Russo, they’ve, ” Russo Organizations: Hong Kong CNN, Xinhua, Getty, CNN, Tesla, BMW, Audi, European Union, Schmidt Automotive Research, EV, European Commission, Bloomberg, BYD, El Locations: Hong Kong, China, Europe, BYD, Shenzhen, Germany, Netherlands, Hungary, Mexico, North America, China's Shandong, Szeged, Komárom, France, Shanghai, Hungarian, United States, Canada, Mexico City, Mexican, Dutch, Rotterdam, California, Brazil, Indonesia, Thailand, Uzbekistan, Macao, Taiwan, Japan, what’s
David A. Andelman David AndelmanThat is the clearest and most present danger to the security of Europe and the entire Western alliance. Fissures are appearing across the hitherto united Western front that can only be sending shivers of joy up Putin’s spine. Putin quite rightly appreciated the stakes — and the opportunity — when he first launched his heartless blockade of Ukraine’s grain, grain that helps feed not only Europe but also vast stretches of Africa now plunged into the threat of devastating hunger. Ukrainian President Volodymyr Zelensky addresses the UN General Assembly last week in New York City. The EU is weighing up a mammoth four-year, 20 billion euro ($21.3 billion) fund to finance weapons purchases for Ukraine.
Persons: David A, David Andelman, Vladimir Putin, shivers, Putin, Hungary —, Volodymyr Zelensky, Bryan R, Smith, hasn’t, , Mateusz Morawiecki, Andrzej Duda, Robert Fico, Fico, Olaf Scholz, , Mitch McConnell, , ” Robert I, Harvard Kennedy Organizations: CNN, French Legion of, The New York Times, CBS News, America, Republicans, NATO, European Union, UN, Assembly, Getty, Smer Party, , World Trade Organization, Ukraine, North, Times, Harvard Kennedy School’s Locations: Ukraine, Europe, Africa, Poland, Slovakia, Bialobrzegi, Warsaw, Hungary, New York City, AFP, New York, Moscow, ” Polish, Banovce nad Bebravou, ” Ukraine, EU, Russia, North Korea, Zelensky, London, America, China, ” China
Formula One is a demanding sport, and even more so at the Singapore Grand Prix. The city state's street circuit has long been considered one of the hardest tracks to race on in the F1 calendar, being a street circuit and having one of the hottest climates during the night race. However, McLaren driver Lando Norris is confident of his prospects in the Lion City, after a slew of upgrades to the team's MCL60 car resulted in vastly improved results in the second half of the season. McLaren's upgrade package was implemented across the races in Austria, Britain and Hungary. As the updates were being rolled out, he took two straight second position finishes in Austria and Great Britain, and a fourth in Hungary — picking up 48 points in three races, compared to just 12 points in the first eight races of the season.
Persons: Lando Norris Organizations: Singapore, Prix, McLaren, Hungary — Locations: Lion, Austria, Britain, Hungary, Great Britain
Thomas Trutschel | Photothek | Getty ImagesHungary's foreign minister said Tuesday that any move to decouple, or even de-risk, from China would be an act of "suicide" for Europe. "Both decoupling and de-risking would be a suicide committed by the European economy," Szijjártó told CNBC's Sam Vadas at the World Economic Forum's annual conference in Tianjin, China. "How could you decouple without killing the European economy?" Péter Szijjártó Foreign Minister of HungaryThe issue is a particularly sensitive balancing act for Europe, which remains deeply reliant on U.S. support in Ukraine but also has critical economic ties with Beijing. China was the largest source of EU imports and the third-largest buyer of EU goods in 2022, according to Eurostat.
Persons: Thomas Trutschel, Péter Szijjártó, Szijjártó, CNBC's Sam Vadas, Péter, Mercedez Organizations: Photothek, Getty, Beijing, Péter Szijjártó, Eurostat, European Union, Amperex Technology, Mercedez Benz, BMW, VW Locations: China, Europe, Tianjin, Beijing, Hungary, Ukraine
Will The U.S. Economy Pull Off a ‘Soft Landing’? The soft, the hard and the grayThere isn’t any standard definition of an economic soft landing. But what’s an acceptable inflation rate? On the other side, policymakers used to believe that an unemployment rate below 4 percent was basically unattainable without runaway inflation. Unless we have a really, really hard landing, the overall story of the postpandemic economy will be one of remarkable resilience.
Adem Altan | Afp | Getty ImagesTurkey's parliament voted unanimously to formally approve Finland's membership to NATO on Thursday, marking a historic step for the traditionally nonaligned Nordic country that shares an 830-mile border with Russia. Turkey and Hungary remained the final holdouts standing in the way of the Nordic states' accession to the 74-year old alliance. Turkey joined NATO in 1952, and has the second-largest military in the alliance after the United States. Finland lifted its nearly three-year-long arms embargo on Turkey in January as part of its effort to improve the two countries' relations. Nonetheless, he expressed confidence that Turkey would approve his country's NATO bid.
David Beckham, England — World Cup (1998, 2002 and 2006)Nate: The uncontainable aura of a man who transcended the sport and captured the world’s eyes. Eusebio, Portugal — (World Cup 1966)Nate: Rising high by the crowd that carries him; adored by Benfica, adored by Portugal, adored by the whole world. Zlatan Ibrahimović , Sweden (World Cup, 2002 and 2006)Nate: An ever present mythos … seemingly reversing time whilst being a journeyman through it. Lionel Messi, Argentina — (World Cup, 2006, 2010, 2014 and 2018)Nate: Ladies and gentlemen … It’s Lionel Messi. Socrates, Brazil — (World Cup, 1982 and 1986)Nate: Philosopher by name … glory that belongs in the Colosseum.
Giorgia Meloni seen speaking during the campaign. Fratelli d'Italia's runaway success means that Giorgia Meloni is likely to become Italy's next prime minister and the country's first female leader. Speaking as the results emerged, Giorgia Meloni said the party would "govern for everyone" and would not "betray" the country's trust. "We are dealing with a right-wing coalition and we need to understand what type of right-wing coalition," Francesco Galietti, chief executive and co-founder of political risk consultancy Policy Sonar, told CNBC Monday. Fratelli d'Italia has argued for a slimmed down, less bureaucratic EU and has championed the primacy of Italian law in domestic issues.
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