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☆ At least 123 Chinese automakers are facing off against Tesla for EV dominance
▼ + stars: | 2024-04-28 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

About 123 car companies sold electric vehicles, an auto consultant told WSJ. AdvertisementCompetition in the electric vehicle sector is only getting stiffer for Tesla in China, but what does that space exactly look like? AdvertisementAs Business Insider's Linette Lopez noted in February, automakers received a huge lift from Beijing as it doled out government subsidies to any car company that would contribute to the country's pivot to electric vehicles. AdvertisementStill, Tesla remains one of the country's top EV sellers, and only a few brands compete with the US-based automaker. The competition, however, comes amid a slowdown in EV sales that's being felt in the US and China.

Persons: —, Stephen Dyer, Insider's Linette Lopez, Lopez, Tesla, Dyer, BI's George Glover, BYD Organizations: EV, Service, Tesla, Wall Street, Kiel Institute, The Locations: China, Beijing, Germany, —

☆ Analysis: Europe is trying to fill a US-shaped hole in funding for Ukraine
▼ + stars: | 2024-03-23 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

CNN —Can Europe fill the gap left by the United States in Ukraine? Over the course of the war, European thinking has evolved. Should EU money be spent outside the bloc? So, can Europe fill the funding void in Ukraine left by Washington DC? Yes, Europe can fill the gap left by the US - and in some respects is trying to do just that.

Persons: Donald Trump, Alexander De Croo, Volodymyr Zelensky, Serhii, it’s, –, Vladimir Putin, Jens Stoltenberg Organizations: CNN, European Union, Ukraine, Belgian, Radio Free, Radio Liberty, Reuters, NATO, Diplomats, EU, Ukraine’s, Washington DC Locations: United States, Ukraine, European, Europe, Russia, Kyiv, Kiel, Radio Free Europe, EU, Moscow, Brussels, Russian, Zaporizhzhia, Czech Republic, Hungary, Czech, Eastern, Western Europe, Athens, Rome

☆ Putin is rehashing his nuclear threats — but this time, he may be threatening nuclear catastrophe in an effort to sway American voters
▼ + stars: | 2024-03-02 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Read previewRussian President Vladimir Putin issued a new nuclear threat this week, threatening the West over its support for Ukraine in his most explicit intimidation tactic yet. Russia's President Vladimir Putin gives an interview with US talk show host Tucker Carlson at the Kremlin in Moscow on February 6, 2024. "American politicians are already responding to this war in a way that helps Russia," Schmidt said. But Putin may ultimately have the more resonant message when it comes to American voters, Schmidt said. "It's far more complicated to explain why Ukraine is important to US voters than it is for Putin to threaten nuclear war," he told BI.

Persons: —, Vladimir Putin, Putin, Emmanuel Macron, Simon Miles, Miles, Tucker Carlson, GAVRIIL, Matthew Schmidt, Schmidt, Biden, wanes, Zelenskyy Organizations: Service, Ukraine, Business, NATO, Reuters, Duke University's Sanford School of Public, Soviet Union, West, Kremlin, University of New Haven, US Army's School, Advanced Military Studies, Kiel Institute, GOP, Western Locations: Ukraine, Russia, Germany, Poland, Russian, Soviet, Moscow, Israel

☆ Warren Buffet's son Howard has given $500M to Ukraine — he warns the US is making a historic mistake by pulling its support
▼ + stars: | 2024-02-24 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +8 min

But Howard Buffett, the elder son of Warren, the billionaire investor and Berkshire Hathaway CEO, has no intention of foresaking Ukraine or its President Volodymyr Zelenskyy. And it's going to be one of the biggest mistakes that the United States makes historically if we don't continue to support Ukraine. The UK has contributed $620 million and the Netherlands has provided $780 million, per the Kiel Institute's Ukraine Support tracker. But Howard Buffett has lent his voice to political advocacy, speaking out to support Ukraine and advocating for increased international support and military aid to the war-torn country. Howard Buffett in Ukraine.

Persons: —, Russia's, Howard Buffett, Warren, Volodymyr Zelenskyy, Buffett, Buffett's Howard G, He's, he's, Warren Buffett's, Warren Buffett, Ukraine's, Zelenskyy, it's, Howard Buffet, Paula Bronstein, Buffett's, Putin, Howard G, Oleksandr Prokudin, Buffett Foundation Howard Buffett, Theron Mohamed Organizations: Service, Republican Party, Business, Berkshire Hathaway, Buffett Foundation, AP, NATO, Kherson, Zelenskyy Locations: Ukraine, Russia, Avdiivka, United States, Zelenskyy, Kyiv, Netherlands, Kiel, America, Zolota Nyva, Donetsk district, Europe, Kherson, Macon County , Illinois

☆ Russia’s invasion of Ukraine sparked a defense boom. It’s likely to outlast the war
▼ + stars: | 2024-02-24 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

“While some Ukraine-related orders are starting to come through, restocking and the impact of ongoing defense spending increases will be evident further down the line,” he noted. ‘Era of insecurity’Continued US military support for Ukraine on the scale of the past two years is looking increasingly unlikely. But the pressure on Western governments to beef up their military coffers will outlast the Ukraine war, analysts say, and it started to rise even before Moscow sent its troops marching toward Kyiv two years ago. The febrile global environment has helped lift the shares of Renk, a newly-listed German maker of military tank gearboxes, including those donated by Berlin to Ukraine. And this appeal is unlikely to fade soon, given growing defense spending by governments.

Persons: Lockheed Martin, That’s, Jens Stoltenberg, ” Trevor Taylor, Russia wouldn’t, Micael Johansson, Johansson, “, Charles Woodburn, ”, House Republicans —, Donald Trump, Moscow, Oli Scarff, Trump, Joe Biden, Houthi, It’s, Susanne Wiegand, Myles Walton, Sweden’s, … Organizations: London CNN, Russia, Kyiv, BAE Systems, Thales, Rheinmetall, Lockheed, Northrop Grumman, Atlantic Treaty Organization, NATO, Royal United Services Institute, CNN, Saab, Ukraine, House Republicans, Republican, Kiel Institute, European Union, Getty, International Institute, Strategic, Renk, Reuters, New, Wolfe Research, Sweden’s Saab Locations: Ukraine, Moscow, United States, Canada, Russia, London, Europe, Swedish, Poland, Kyiv, Congress, German, European, Newcastle, Tyne, England, AFP, Beijing, Taiwan, China, Israel, Red, Berlin, Frankfurt, Gaza, New York

☆ As Ukraine marks two years since Russia’s invasion, Europe is facing difficult questions
▼ + stars: | 2024-02-22 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

Arguably most important among those questions: How long can it practically sustain such draining financial support for Ukraine? The United Kingdom, arguably the major security player in the region, has also pledged more than $15 billion to Ukraine since 2022. This is an alarming prospect for European officials who already believe Putin is digging in and trying to wait out the West. In the run-up to the US presidential election, the question of what happens to European security without America will inevitably be asked. Europe simply doesn’t have the manufacturing heft right now to independently serve Ukraine over the next 12 months.

Persons: Vladimir Putin’s, Money, Volodymyr Zelensky, Ursula von der Leyen, Joe Biden, Stefan Rousseau, Donald Trump, White, Trump, Putin, Thomas Peter, ” Organizations: CNN, Ukraine, Bakhmut, European Union, NATO, EU, Kiel Institute, US, Parliamentary, Getty, White House, DC Locations: Vladimir Putin’s Ukraine, Europe, Ukraine, Avdiivka, United States, Kyiv, EU, Kiel, United Kingdom, Ukrainian, AFP, NATO, America, Kramatorsk, Brussels, China, Beijing

☆ Opinion: Trump’s making America irrelevant to Europe
▼ + stars: | 2024-02-21 | by ( David A. Andelman | ) edition.cnn.com time to read: +8 min

He formerly was a foreign correspondent and bureau chief for The New York Times in Europe and Asia and for CBS News in Paris. CNN —Madeline Albright famously called America the “indispensable nation.” Is former President Donald Trump making America the irrelevant nation? The first steps toward a new direction for such a Europe — without America — are already being taken. Dursun Aydemir/Anadolu/Getty ImagesVon der Leyen has also said that upping European defense production would be a top priority for her second term — not to mention sorting through vastly divergent budgets of the various countries. Still, as a bloc, Europe at about 85 billion euros ($92 billion) has already passed the United States at 66.2 billion euros ($71.6 billion) in total commitments to Ukraine.

Persons: David A, Madeline Albright, Donald Trump, Alexey Navalny’s, Vladimir Putin, Mike Johnson, Johnson, Joe Biden, ” haven’t, Mette Frederiksen, ” Frederiksen, Ursula von der Leyen, Europe’s, Christine Wormuth, Peter, Paul, Kaja Kallas, Dursun, Leyen, Emmanuel Macron’s, Macron, David Lammy, unflinchingly, who’s, ” Kallas, Alar Karis, ” Karis, we’re, Der Spiegel, ” Organizations: CNN, French Legion of, The New York Times, CBS News, Trump, Republicans, NATO, Security, Danish, America, Africa Command, Getty, Germany’s Kiel Institute, US, Union, Munich Security Conference, British, Labour Party, Estonian, Politico Europe, Kremlin, “ Locations: Europe, Asia, Paris, America, Russia, Russian, Ukraine, “, United States, Munich, Berlin, Brussels, Poland, Estonian, Anadolu, Belgium, Germany, Italy, Netherlands, Turkey, France, Russia’s, Sweden, Britain, German

☆ France, Ukraine to Sign Security Deal Soon, French Foreign Minister Says
▼ + stars: | 2024-02-14 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

By John IrishPARIS (Reuters) - France and Ukraine are soon likely to sign a bilateral agreement on security commitments, French Foreign Minister Stephane Sejourne said on Wednesday. French President Emmanuel Macron was expected to finalise a security deal in Ukraine this month, but he postponed the trip for security reasons. "A bilateral accord is in discussion and will be signed probably soon between the President Emmanuel Macron and President Volodymyr Zelenskiy," Sejourne told a hearing in parliament. According two diplomats aware of the talks, France would announce a 200-million-euro fund for civilian projects to be carried out by French companies. "In the coming days we will give numbers and give you transparency on the military and the civilian aid," Sejourne said.

Persons: John Irish PARIS, Stephane Sejourne, Emmanuel Macron, Volodymyr Zelenskiy, Sejourne, Macron, John Irish, Mark Heinrich, Cynthia Osterman Organizations: French, NATO, Institute Locations: France, Ukraine, Germany, Paris, Kiel

BEIJING (AP) — China, the world’s biggest exporter, says it is deeply concerned about tensions in the Red Sea that have upended global trade by forcing many shippers to avoid the Suez Canal. Political Cartoons View All 253 Images“We are deeply concerned about the recent escalation of the Red Sea situation. The Red Sea is an important international trade route for goods and energy,” Wang said. Some of the world’s largest container shipping companies and oil giant BP have been sending vessels on longer journeys around Africa that bypass the Red Sea. In response to the growing impact on global trade, the United States and a host of other nations have created a new force to protect ships.

Persons: Wang Wenbin, ” Wang, Yemen’s, Israel —, Wang, Good Hope, “, ” Organizations: BEIJING, Foreign, Kiel Institute, Washington, U.S, United Nations Security Locations: China, Suez, Iran, Red, Iranian, Asia, Europe, Sanaa, Saudi, Israel, Gaza, United States, Africa, Good, Drewry, Germany, U.S, Iraq, Syria, Red Sea, Saudi Arabia, East, Beijing, Yemen

☆ Skeptical of sending more US aid to Ukraine? Here's what Zelenskyy has to say to you.
▼ + stars: | 2024-01-17 | by ( Erin Snodgrass | Nicholas Carlson | ) www.businessinsider.com time to read: +3 min

Zelenskyy addressed skeptical American voters in response to a question posed by Business Insider. "Peace in Ukraine means peace in Europe which means peace in the world," he said. AdvertisementUkrainian President Volodymyr Zelenskyy has a clear message for American voters ahead of the 2024 election: Don't give up on Ukraine. "Peace in Ukraine means peace in Europe which means peace in the world." Trump has long been a skeptic of continued US funding to Ukraine and has championed "America First" isolationist policies instead.

Persons: Volodymyr Zelenskyy, Zelenskyy, —, Biden, Israel —, Zelenskyy's, Donald Trump, Trump, Putin Organizations: Business, Service, American, Economic, Ukraine, GOP, Kiel Institute, Republicans, Republican, NATO Locations: Davos, Ukraine, Europe, Russia, Israel, USA, Trump

Tensions in the Red Sea have been increasing for weeks, culminating in air strikes from the U.S. and its allies on Houthi-controlled areas in Yemen early Friday local time. What Has Been Happening in the Red Sea? As of Thursday, the Houthis have launched 27 attacks on ships in the Red Sea and the Gulf of Aden that they claim were linked to Israel. Reactions to the Air StrikesThe Houthis vowed to keep attacking ships in the Red Sea after the airstrikes. Container shipping company Maersk CEO Vincent Clerc told the Financial Times that re-establishing safe passage through the Red Sea could take months.

Persons: Lloyd Austin, “, Joe Biden, Biden, ”, –, Yahya Saree, Nasser Kanaani, Ro Khanna, Chip Roy, Sen, Rick Scott of, Vincent Clerc Organizations: Hamas, U.S, Central Command, Air Force, Houthis, Air, Political, ”, Democrat, Republican, California, Biden, Terrorists, Trade, Container, Maersk, Financial Times, Kiel Institute Locations: U.S, Yemen, Red Sea, Iran, Israel, Austin, United States, Australia, Bahrain, Canada, Denmark, Germany, Netherlands, New Zealand, Republic of Korea, United Kingdom, Red, Sanaa, Saudi Arabia, Middle, Lebanon, Hamas, Gaza, Aden, Gulf of Aden, Brig, British, Texas, Rick Scott of Florida, Europe, Asia, South Africa

☆ How the Red Sea crisis could clobber the global economy
▼ + stars: | 2024-01-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +9 min

The Suez Canal accounts for 10-15% of world trade, which includes oil exports, and for 30% of global container shipping volumes. Maersk CEO Vincent Clerc told the Financial Times Thursday that re-establishing safe passage through the Red Sea could take “months.” “It could potentially have quite significant consequences on global (economic) growth,” he added. Ikea has warned of shipment delays and potential shortages of certain products due to disruption in the Red Sea. Some ocean carriers that ordinarily transit through the Panama Canal had rerouted to the Suez Canal before the attacks in the Red Sea escalated, according to logistics company C.H. Matthew Burgess, vice-president of global ocean services at the firm, said global shipping capacity would be constrained for a while yet.

Persons: Joe Biden, Vincent Clerc, Germany’s, Mohamed, El Erian, ” Simon MacAdam, Lily Millard, Ben May, Good Hope, ”, ” It’s, Abercrombie &, Nathan Howard, “, ” Philip Damas, —, Judah Levine, Levine, Eric Thayer, Carolina Klint, Marsh McLennan, Robinson, Matthew Burgess, we’ve, Gene Seroka, Burgess, C.H Organizations: London CNN, British, Energy, World Bank, Maersk, MSC, Lloyd, CMA CGM, Financial Times, Global, Germany’s Kiel Institute, Allianz, Bank, Capital Economics, Oxford Economics, European Automobile Manufacturers ’ Association, Ikea, CNN, Abercrombie, Abercrombie & Fitch, Bloomberg, Getty, Drewry Supply Chain Advisors, Marsh, United, Port Locations: Iran, Crocs, Suez, Yemen, Gaza, Germany, Brent, Gulf, Oman, South Africa, Germany’s Kiel, Red, Israel, Good, Europe, ”, China, Asia, Los Angeles, United States, Panama, Rotterdam, of Los Angeles, of New York, New Jersey

☆ Trump’s avalanche of dishonesty: Fact-checking 102 of his false claims from this fall
▼ + stars: | 2023-12-01 | by ( Daniel Dale | ) edition.cnn.com time to read: +111 min

Below is a fact check of 102 of Trump’s false claims from the 12 speeches. But contrary to Trump’s claim, it’s not true that people had been attempting for decades to create such an initiative. Trump’s aid to farmersIn speech after speech, Trump claimed that he had given US farmers $28 billion from China. Even if the poll result is off, it’s clear that Trump’s claim that “nobody wants them” is not true. He said he was an airline pilot.”Facts First: Trump made a false claim while mocking Biden for making false claims.

Persons: Donald Trump, –, Trump, Joe Biden, Biden, Ron DeSantis, Nikki Haley, “, ”, Mexico’s, ‘ Trump, Defense Department –, ” Theresa Cardinal Brown, CNN’s Priscilla Alvarez, ” Trump, I’ve, Todd Harrison, Harrison, It’s, Trump’s, ” Ben Cahill, Nobody, Jimmy Carter’s, Barack Obama, isn’t, El Salvador –, Obama, we’d, Obama’s, Webster, Covid, Wuhan ”, They’d, they’d, you’d, Scott Gottlieb, ” Gottlieb, Trump Trump, it’s, Abraham, Aaron David Miller, Miller, Dana El Kurd, Qasem Soleimani, they’ve, we’re, We’re, ’, Iran haven’t, ” Matt Smith, Biden’s, Smith, Ali Vaez, Kpler, Biden Trump, Iran “, Democrats ”, that’s, Jimmy Carter, Carter “, Carter, ‘, Hillary Clinton, Kari Lake, Bill Gates, Gates, ” Chris Wallace, Chris Wallace, Hunter Biden, “ Chris Wallace, ‘ He’s, ‘ ” Trump, Wallace, “ you’re, “ Biden, ‘ You’re, Wallace interjected, Rather, you’ve, ’ ” Pavel Molchanov, Raymond James &, ” Molchanov, Tim Woody, Woody, autoworkers, CNN’s Ella Nilsen, Joe Biden’s, Erin Mellon, Gavin Newsom, Mellon, ” Vonette Fontaine, Biden “, CNN’s Matt Egan, Egan, ” Biden, Europe Trump, United Kingdom “, Brent, Pavel Molchanov, Raymond James, Patrick De Haan, GasBuddy, De Haan, Matt Smith, Matt Egan, Afghanistan Trump, we’ve, Krista Wiegand, Wiegand, ” Netanyahu, Benjamin Netanyahu, Israel, Qasem, Bibi, Netanyahu, Soleimani, Asad, Mark Milley, Hezbollah Trump, Steven Cheung, John Kirby, Cheung, Kirby, Iran’s, ” Ali Vaez, Joseph Amon, Washington –, Faiq Zidan, Zidan’s, Zidan, Abu Mahdi al, China Trump, Ukraine Trump, Letitia James, James, Attorney Alvin Bragg, Matthew Colangelo, You’re, Bragg, Colangelo, Tanya Chutkan, I’m, Jack Smith, Bill Clinton, That’s, everybody’s, Letitia James –, Al Capone’s, Al Capone, Capone, Brad Schwartz, CNN couldn’t, Schwartz, Eliot Ness, MAGA, “ MAGA, …, White, CNN’s Fareed Zakaria, Inflation Trump, Bacon, Joe, PolitiFact, Trump . Howard Gleckman Organizations: Washington CNN —, CNN, Republican, Trump Trump, Republican Jewish Coalition, Department, ISIS, Trump’s, Democratic, Congress, Defense Department, former Defense Department, Center, US Customs, Trump, American Enterprise Institute, Air Force, Army, Navy, Marine Corps, Strategic Petroleum Reserve, Energy Security, Center for Strategic, International Studies, US, IHS, Islamic, The State Department, Customs Enforcement, Policy Institute, ICE, El Salvador, ”, Merriam, The New York Times, Food and Drug Administration, FDA, Abraham Accords, United Arab Emirates, West Bank, Hezbollah, State Department, Carnegie Endowment, International, Arab Center Washington DC, Islamic Revolutionary Guards Corps Quds Force, Obama, US International Trade Commission, Washington Post, U.S . International Trade Commission, New England lobstermen, England lobstermen, Americas, Crisis, government’s Energy, Administration, Washington Free Beacon, Energy Information Administration, Democrats, Biden, Electoral, Georgia, Michigan, Carter, Democrats can’t, Republicans, Alabama, Arizona, Fox News, ” Energy, Oceanic, Atmospheric Administration, NOAA, Wildlife, Alaska Industrial Development, Export Authority, Raymond James & Associates, Wilderness Society, Cox Automotive, Pew Research Center, New York Times, National Oceanic, California Gov, California, American Petroleum Institute, Union, West, Energy, American Automobile Association, AAA, GasBuddy, New Hampshire, Houston, Keystone XL, Obama administration’s State Department, –, Foreign, Military, DoD, Afghan, Defense, Policy, Taiwan News, “, University of Tennessee’s Center for National Security, Foreign Affairs, Israeli, NBC, Jerusalem Post, Yahoo, Pentagon, ” CNN, Joint Chiefs, Staff, Post, National Security, Group, US government’s Defense Intelligence Agency, Narcotics Bureau, Global Health, Drexel University Dornsife School of Public Health, Justice Department, Washington, Judicial, Popular Mobilization Forces, Customs and, Middle East, Customs, Protection, CBP, Border Protection, Kiel Institute, European Union, New York, New, ExxonMobil, Trump University, Trump Foundation, Manhattan, Attorney, federal Justice Department, Department of Justice, Washington DC, Presidential Records, Presidential, Mar, Biden White, MAGA Republicans, Inflation, Heritage Foundation, Trump ., Brookings Tax, Urban Institute Locations: New Hampshire, New York City, Saudi, Florida, al Qaeda, New York, Texas, Iowa, Mexico, “, U.S, Houston, Iraq, Israel, Tel Aviv, Jerusalem, Nord, Germany, Russian, Trump’s, Russia, Ukraine, Europe, Guatemala, Honduras, El Salvador, El, Washington, ”, ” In Texas, Covid, China, Wuhan, Italy, France, Abraham, Bahrain, Morocco, Sudan, Gaza, Lebanon, Syria, Iran, Yemen, Libya, Palestine, Afghanistan, Somalia, Pakistan, New England, England, Kpler, Malaysia, Oregon, Alabama, Maricopa County, Arizona, Arizona’s, Moscow, Alaska, East, South Carolina, California, “ California, West Virginia, Virginia, United Kingdom, West Texas, “ U.S, Los Angeles, Venezuela, Mississippi , Louisiana, Canada, United States, Paris, Taiwan, “ China, Iranian, that’s, –, Singapore, Iraqi, San Diego, Kiel, York, Manhattan, York’s, Chicago, Philadelphia, Georgia, Qaeda

☆ Putin says some Western weapons for Ukraine are ending up in the Taliban's hands
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

Russian President Vladimir Putin speaks during a meeting with members of the country's Civic Chamber in Moscow, Russia, November 3, 2023. Sputnik/Gavriil Grigorov/Pool via REUTERS Acquire Licensing RightsMOSCOW, Nov 3 (Reuters) - Russian President Vladimir Putin said on Friday that some Western weapons supplied to Ukraine were finding their way to the Middle East through the illegal arms market and being sold to the Taliban. Well of course they are because they are being sold," Putin said. Since Russia sent troops into Ukraine on Feb. 24 last year, Western powers have sent Ukraine tens of billions of dollars worth of weapons in an attempt to defeat Russian troops. In June 2022, the head of Interpol, Jürgen Stock, warned that some of the advanced weapons sent to Ukraine would end up in the hands of organised crime groups.

Persons: Vladimir Putin, Putin, Bradley, Guy Faulconbridge, Andrew Osborn Organizations: Chamber, Sputnik, REUTERS Acquire, Rights, Interpol, Jürgen, Global, Transnational, United, Kiel Institute, Reuters, Thomson Locations: Moscow, Russia, Ukraine, East, Russian, United States, Africa, Europe

☆ Refusing to fly cost him his job. Here's why this 'slow traveler' says it was a price worth paying
▼ + stars: | 2023-10-26 | by ( Sam Meredith | ) www.cnbc.com time to read: +5 min

Gianluca Grimalda, a climate researcher and environmental campaigner, intends to "slow travel" back to Europe from Bougainville off the coast of Papua New Guinea. The ultimatum effectively required Grimalda, a climate researcher and self-styled "slow traveler," to promptly board a flight back to Europe. Gianluca Grimalda Climate researcherEmissions from air travel are a significant contributor to climate change and aviation is known to be one of the most challenging sectors to decarbonize. Grimalda spent several months conducting fieldwork into the social impact of climate change on the island of Bougainville. These are people that experience climate change on a daily basis," he added, noting that the coastal communities he'd interacted with had been forced to relocate inland in light of the rising sea level.

Persons: Gianluca Grimalda, Gianluca Grimalda Gianluca Grimalda, Grimalda, he'd Organizations: Kiel Institute, CNBC, Economy Locations: Europe, Bougainville, Papua New Guinea, Germany, Pacific, East New Britain, Singapore, Papua

CNN —President Joe Biden plans to make a direct appeal to the American people to continue funding Ukraine and Israel amid their war efforts in an Oval Office address Thursday, according to two administration officials. The Biden administration in August delivered its last so-called supplemental funding request, which encapsulates unique requests beyond traditional government programs. The proposal requested $24.1 billion to aid Ukraine through the end of the year, but Congress failed to approve it during a process to greenlight short-term federal funding. By contrast, support to sustain aid to Ukraine has waned significantly since Russia’s unprovoked invasion in February 2022. An August CNN poll found 55% of respondents said Congress should not pass more funding to aid Ukraine.

Persons: Joe Biden, Biden, “ He’s, –, Janet Yellen, ”, Mahmoud Abbas, Biden scoffed, “, Benjamin Netanyahu –, ” Biden Organizations: CNN, White, Hamas, US, Ukraine, White House, Kiel Institute, Sky News, Russia, Officials, Palestinian Authority, West Bank, Israeli Locations: Ukraine, Israel, Taiwan, Mexico, Washington, Gaza, Amman, Jordan, Tel Aviv, Egypt, United States

☆ Zelenskyy advisor says slow Western weapon deliveries put Ukraine 6 to 9 months behind in its fight back against Russia
▼ + stars: | 2023-10-13 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

A Ukrainian official said his country is up to nine months behind in its pushback against Russia. Mykhailo Podolyak told Channel 24 that Western approvals delayed weapons by three to four months. AdvertisementAdvertisementA top advisor to Ukrainian President Volodymyr Zelenskyy said the country's military efforts against Russia are six to nine months behind schedule because of delays in Western weapons deliveries in the fall of 2022. "If Ukraine had received weapons faster, we could have defended ourselves better and launched a counterattack," Mykhailo Podolyak told Ukrainian Channel 24 news outlet, per the Kyiv Post . Weapon deliveries to Ukraine were delayed by three to four months due to the logistics and approvals of Western nations, Podolyak said, which "seriously" hampered its defense capability.

Persons: Mykhailo Podolyak, —, Volodymyr Zelenskyy, Podolyak, Kyrylo Budanov, Ukrainska, Christoph Trebesch Organizations: Russia, Service, Ukrainian Channel, Kiel Institute, CNN, EU, Kiel Locations: Russia, Ukraine, Kyiv, Kherson, Ukraine's

☆ Rep. Lauren Boebert is signaling that the fight over the speakership could get bogged down over Ukraine
▼ + stars: | 2023-10-06 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Republican Rep. Lauren Boebert made it clear Ukraine aid will hang over the House speaker race. "For the first time, we saw that Ukraine funding alone does not have a majority of the majority's support," Boebert told Steve Bannon on Friday on his "War Room" show. Boebert was pointing to a vote last week where $300 million to fund Ukraine passed thanks to House Democrats' massive support. The two current leading candidates for House speaker appear to be split on the subject. "We are not going to allow them to leverage our Southern border in Appropriations bills with more funding for Ukraine," Boebert said.

Persons: Lauren Boebert, it's, —, Boebert, Steve Bannon, Mitch McConnell, Steve Scalise, Jim Jordan, Jordan Organizations: Service, Ukraine, Republicans, Democrats, Pentagon, Senate Republicans, House, Kiel Institute Locations: Ukraine, Colorado, United States, German, Southern

Nearly $100 billion in military aid to UkraineIndividual countries around the world have committed nearly $100 billion in direct military assistance to Ukraine. The US Congress has approved around $46.6 billion in direct military aid to Ukraine since NATO countries began organizing support for Ukraine a month before the full-scale invasion, data shows. This is part of a total $113 billion aid budget for both defense and civilian needs – though not all of it is meant to go directly to Ukraine. The United Kingdom has pledged more than $7 billion in direct military aid. Around 78% of Poland’s direct support for Ukraine goes to refugee costs – $17 billion out of nearly $22 billion.

Persons: CNN —, that’s, –, Kevin McCarthy, Joshua Berlinger Organizations: CNN, Ukraine, Republicans, Kiel Institute, NATO, Union, European Union, Russia —, Latvia —, United Nations, UN, US Locations: Ukraine, United States, Russia, Germany, Denmark, Poland, United Kingdom, Kiel, Norway, Baltic, Russia — Lithuania, Estonia, Latvia

☆ A climate researcher risks losing university post for refusing to fly home
▼ + stars: | 2023-10-04 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —Climate researcher Dr. Gianluca Grimalda says that he risks losing his post at the Kiel Institute for the World Economy in Germany for refusing to use a plane as a means of transport back from Papua New Guinea. However, he said the institute gave him three days notice to return by October 2 which would have forced him to fly, according to a statement issued by climate group Scientist Rebellion. The Kiel Institute told CNN that it “doesn’t comment on internal personnel matters in public. As an alternative, climate activists such as Greta Thunberg have modeled greener ways to travel such as by ship or train. “I am prepared to face all the legal and economic consequences of this decision,” Grimalda said in a statement.

Persons: Gianluca Grimalda, Grimalda, ”, Greta Thunberg, ” Grimalda, it’s Organizations: CNN, Kiel Institute, Institute Locations: Germany, Papua New Guinea, Kiel, Bougainville, “, Singapore

The measure didn't include the $6 billion in military assistance that Ukraine said it urgently needed. They argue that if Russia's invasion is not stopped in Ukraine, other nations — including NATO allies — could be endangered. That faction was pivotal in getting Ukraine funding stripped from the last-minute 45-day funding bill that prevented a shutdown. Likewise, some European allies, including Poland, have begun to pull back on their support for the war, citing the need to prioritize their own defenses. Britain, which is no longer in the EU, has pledged nearly $6.6 billion worth of military support for Ukraine.

Persons: —, Volodymyr Zelenskyy, Donald Trump, Joe Biden, ” Biden, John Hardie, Mark Cancian, ” Cancian, Hardie, ”, John Herbst, Herbst, Jamey Keaten Organizations: WASHINGTON, —, Pentagon, White, NATO, Patriot, U.S, Republican, Foundation for Defense of Democracies, Center for Strategic, International Studies, ., Ukraine “, Atlantic Council, Kiel Institute, EU Locations: — Ukraine, Ukraine, U.S, Brussels, Russia, Poland, United States, Union, Germany, Denmark, Netherlands, France, Britain, Western, Italy, Lithuania, Norway, Geneva

☆ Only 0.2% of Ukraine's landmass has changed hands in 2023, report says, despite thousands dead and billions of dollars spent
▼ + stars: | 2023-09-29 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Less than 500 square miles of Ukrainian land has changed hands this year, per a New York Times analysis. AdvertisementAdvertisementOnly 0.2% of Ukraine's landmass has changed hands this year, according to an analysis by The New York Times, based on data from the Institute for the Study of War. 188 square miles is about the size of Albuquerque, New Mexico's largest city, which has a total area of 189.5 square miles, according to the US Census Bureau. AdvertisementAdvertisementIn contrast, Ukraine has a total landmass of about 233,030 square miles. The report shows Russia capturing about 100 square miles per month earlier this year, coinciding with its winter offensive campaign to capture the eastern Donbas region.

Persons: —, Marina Miron Organizations: New York Times, Russia, Service, The New York Times, Institute for, Census, US, Kiel Institute, King's College London, Times Locations: Ukraine, Russia, Albuquerque , New

☆ Western-made armor isn't working in Ukraine because it wasn't designed for a conflict of this intensity, Ukrainian analyst says
▼ + stars: | 2023-09-28 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Western armor isn't cutting it in Ukraine, a military analyst told The Wall Street Journal. Taras Chmut said Western-made tanks are not designed for an "all-out" war of this intensity. Western allies should instead ramp up deliveries of simpler and cheaper systems, he said. AdvertisementAdvertisementWestern-made armor is failing in Ukraine because it was not designed to sustain a conflict of this intensity, a military analyst told The Wall Street Journal. According to a July report compiled by the Kiel Institute for the World Economy, Ukraine's allies have only delivered about half of the heavy weapons that have been promised.

Persons: Taras Chmut, —, Chmut, Christian Freuding, Zelenskyy, Christoph Trebesch, Rustem Umerov, Sergej Sumlenny Organizations: Wall Street Journal, Service, Foundation, Kiel Institute, Resilience Initiative Center Locations: Ukraine

☆ German GDP expected to contract by 0.6% this year, economic institutes say
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +2 min

Business sentiment has recently deteriorated again and overall, the indicators suggest that production fell noticeably in the third quarter of 2023, the economic institutes said. GDP is expected to shrink by 0.4% in the third quarter, following stagnation in the second quarter. For 2024, the institutes - four German and one Austrian - forecast GDP growth of 1.3%, down from 1.5% previously. In the following years, a decreasing potential growth rate due to the shrinking labour force will become more and more apparent, the economic institutes said. The Joint Economic Forecasts are prepared by the Ifo Institute, the Halley Institute for Economic Research, the Kiel Institute for the World Economy, the RWI – Leibniz Institute for Economic Research and the Austrian Institute of Economic Research.

Persons: Kai Pfaffenbach, Oliver Holtemoeller, Maria Martinez, Friederike Heine Our Organizations: REUTERS, Rights, Reuters, Halle Institute for Economic Research, Ifo Institute, Halley Institute for Economic Research, Kiel Institute, Institute for Economic Research, Austrian Institute of Economic Research, Thomson Locations: Frankfurt, Germany

Growth of 0.3% had been expected in the institutes' spring forecasts. The so-called Joint Economic Forecasts are to be presented in Berlin on Thursday. The economics ministry usually updates its forecasts incorporating the results of the Joint Economic Forecasts. For 2024, the institutes - four German and one Austrian - forecast GDP growth of 1.3%, down from 1.5% previously. The Joint Economic Forecasts are prepared by the Ifo Institute, the Halle Institute for Economic Research, the Kiel Institute for the World Economy, the RWI – Leibniz Institute for Economic Research and the Austrian Institute of Economic Research.

Persons: Annegret, Christian Kraemer, Rene Wagner, Maria Martinez, Rachel Armstrong, Kirsti Knolle, Sharon Singleton Organizations: REUTERS, Rights, Reuters, Ifo Institute, Halle Institute for Economic Research, Kiel Institute, Institute for Economic Research, Austrian Institute of Economic Research, Thomson Locations: Berlin, Germany

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