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☆ The West is freaking out that China is making too much stuff, and it looks like China might be starting to agree
▼ + stars: | 2024-05-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

The proposal covers a range of issues, including minimum technical standards and ecological guidelines for battery production. AdvertisementChina's battery production in 2023 alone was already big enough to fill global demand, according to an analysis from BloombergNEF. China's global share of battery manufacturing capacity is expected to fallDespite the West's consternation, there is an upside for the bloc. China's global share of battery manufacturing is expected to decline in the years ahead, according to a report from the International Energy Agency, or IEA, published on Monday. AdvertisementChina now accounts for more than 80% of battery manufacturing capacity, followed by the US and the EU with around 5% each, per the IEA.

Persons: China's, —, Xi Jinping's, Louise Loo, Loo, Chim Lee, Lee Organizations: Service, China's Ministry of Industry, Information Technology, European Union, Oxford Economics, Economist Intelligence, International Energy Agency, US, EU Locations: China, Beijing, Canada, Europe, India

Seoul, South Korea CNN —South Korea’s leader on Thursday said he plans to create a new government ministry to tackle the “national emergency” of the country’s infamously low birth rate as it grapples with a deepening demographic crisis. In a televised address, President Yoon Suk Yeol said he would ask for parliament’s cooperation to establish the Ministry of Low Birth Rate Counter-planning. “We will mobilize all of the nation’s capabilities to overcome the low birth rate, which can be considered a national emergency,” he said. South Korean President Yoon Suk Yeol at a press conference in Seoul, South Korea, on, May 9, 2024. Countries like South Korea, Japan and China, however, have shied away from mass immigration to tackle the decline in their working age populations.

Persons: Yoon Suk Yeol, Yoon, Yoon Suk, Kyung, Fumio Kishida Organizations: South Korea CNN, of, South, AP, Korea, Families Agency Locations: Seoul, South Korea, Korea, Japan, China

☆ Boeing cargo plane lands without front nose gear in Istanbul; investigation launched
▼ + stars: | 2024-05-09 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

A general view of a FedEx Airlines Boeing 767 BA.N cargo plane, that landed at Istanbul Airport on Wednesday without deploying its front landing gear but managed to stay on the runway and avoid casualties, on a runway in Istanbul, Turkey, May 8, 2024. An investigation is underway after a FedEx Airlines Boeing 767 cargo plane was forced to make an emergency landing without its front landing gear at Istanbul Airport, after the aircraft's nose gear failed to deploy. The plane managed to stay on the runway, and there were no casualties, according to Turkey's Ministry of Transport. The ministry said that the cargo jet, flying from Paris' Charles de Gaulle Airport, alerted the Istanbul Airport control tower that its landing gear was not opening and was able to land with guidance from the tower, according to reporting from Reuters. The ministry also said that its teams were carrying out examinations at the scene, while the U.S. National Transport Safety Board (NTSB) announced it will send its own investigators to Istanbul.

Persons: Charles de Gaulle Organizations: FedEx Airlines Boeing, Istanbul Airport, Turkey's Ministry of Transport, Reuters, U.S . National Transport Safety Board Locations: Istanbul, Turkey, Paris, U.S

☆ Thailand decriminalized cannabis 2 years ago. Its prime minister wants to ban it again.
▼ + stars: | 2024-05-09 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Thailand's prime minister has called for a ban on recreational cannabis in a major U-turn. Thailand was the first Asian country to decriminalize cannabis for recreational use in 2022. AdvertisementThailand's prime minister wants to ban cannabis just two years after his country decriminalized it for recreational use. AdvertisementThailand was the first Southeast Asian country to legalize medical cannabis in 2018, and the first Asian country to decriminalize recreational cannabis in 2022, according to Forbes. Other countries have legalized or decriminalized cannabis for recreational use in recent years, including Canada, Germany, Mexico, and South Africa.

Persons: Thailand's, Srettha Thavisin, —, Thavisin, Anutin Charnvirakul Organizations: Service, country's Ministry of Public Health, Forbes, New York Times, Bloomberg, District of Columbia, Prohibition Partners, Thailand's Center, Addiction Locations: Thailand, Thai, Canada, Germany, Mexico, South Africa

☆ Thailand Prime Minister Seeks to Criminalize Weed in Reversal
▼ + stars: | 2024-05-08 | by ( Amanda Holpuch | More About Amanda Holpuch | ) www.nytimes.com time to read: +1 min

Thailand’s prime minister, Srettha Thavisin, said on Wednesday that he wanted cannabis to be re-listed as a narcotic by the end of the year, a reversal two years after the country became one of the first in Asia to decriminalize marijuana. All marijuana sales in Thailand are technically for medical purposes, but lax regulations mean that many businesses openly sell dried marijuana flowers and illegal imports. Thailand decriminalized marijuana in June 2022, giving rise to a domestic industry that has recently been challenged by competition and oversupply. There are thousands of registered dispensaries in the country, and cannabis is prescribed at hundreds of traditional medicine clinics. Foreign investors have also backed the construction of high-tech indoor cannabis farms.

Persons: Thailand’s, Srettha Thavisin, Srettha Organizations: Ministry of Health Locations: Asia, Thailand

☆ A Ukrainian tank crew said the Abrams tank is as easy to drive as a scooter and that they learned how to operate its weapons in 1 week
▼ + stars: | 2024-05-08 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Read previewA Ukrainian tank gunner and driver were filmed heaping praise on US-supplied Abrams tanks in a state-backed media report, boasting that they've been easy to learn to operate. "There's nothing so complicated here," he told Army TV. Alexey and Koka's commander, Dmytro, told Army TV that the Abrams' armor was effective against Russian anti-tank missiles like the Kornet. AdvertisementUkraine was promised 31 Abrams tanks by the US in January 2023, with the first batch arriving in September after crews trained for months in Germany to operate them. In late April, the Russian military displayed an abandoned Abrams M1A1 at an exhibition called the "Trophies of the Russian Army," which showcased NATO equipment seized during the war.

Persons: —, Abrams, Koka, Alexey, Yevhen Nazarenko, Dmytro, Zeus Organizations: Service, Mechanized Brigade, Army TV, Business, Abrams, Army, Ukraine's Ministry of Defense, Pentagon, Associated Press, Business Insider, Russian, Capitol Hill, Republican, New York Times, Russian Army, NATO Locations: Ukrainian, Ukraine, Germany, Soviet

☆ U.K. Armed Forces’ Data Stolen by State-Linked Hackers, Lawmakers Say
▼ + stars: | 2024-05-07 | by ( Stephen Castle | ) www.nytimes.com time to read: +1 min

The personal information of British military personnel has been hacked in a significant new data breach likely to have been orchestrated by a state, senior British politicians said on Tuesday. The cyberattack, which targeted a third-party payroll system used by Britain’s Ministry of Defense, yielded the names and bank details of some serving members of the armed forces and some veterans, they said, as well as a small number of addresses. The payroll system, which is not connected to the defense ministry’s own internal network, has been taken offline and the government has not publicly blamed anyone for the data breach, or confirmed British media reports pointing a finger at China. In March Britain accused China of cyberattacks that compromised the voting records of tens of millions of people, and said that the Chinese had attempted unsuccessfully to hack email accounts belonging to several members of Parliament. The deputy prime minister, Oliver Dowden, also announced sanctions against two individuals and one company linked to a state-affiliated group implicated in those attacks.

Persons: Oliver Dowden Organizations: Britain’s Ministry of Defense Locations: British, China, Britain

☆ US soldier arrested in Russia to be detained for two months
▼ + stars: | 2024-05-07 | by ( Caitlin Danaher | ) edition.cnn.com time to read: +2 min

CNN —An American soldier arrested in Russia on suspicion of theft will be detained for two months, a Russian district court said Tuesday. A Russian Foreign Ministry representative told Russian state media TASS on Tuesday that the case is “not related to politics or espionage.”“As far as we understand, this is a purely domestic crime. The arrest comes at a time of huge tension between the US and Russia as the war with Ukraine continues. The soldier was stationed in South Korea when he took leave to travel to Russia on his own, according to another US official. “I am deeply concerned by reports that a US Army officer has been detained in Russia,” House Foreign Affairs Committee Chairman Michael McCaul said Monday.

Persons: –, Gordon Black, Evan Gershkovich, Marine Paul Whelan, Michael McCaul, “ Putin, —, ” CNN’s Natasha Bertrand, Oren Liebermann, Kylie Atwood Organizations: CNN, Russian Foreign Ministry, TASS, Ministry of Foreign Affairs, US State Department, Street, Marine, US Army, ”, Foreign, State Department Locations: American, Russia, Russian, Pervomaisky, Vladivostok, Ukraine, South Korea, Cavazos, Texas

☆ Super-aged Japan now has 9 million vacant homes. And that’s a problem
▼ + stars: | 2024-05-07 | by ( Chris Lau | Mayumi Maruyama | ) edition.cnn.com time to read: +6 min

“This is a symptom of Japan’s population decline,” said Jeffrey Hall, a lecturer at Kanda University of International Studies in Chiba. “It’s not really a problem of building too many houses” but “a problem of not having enough people,” he said. According to figures compiled by the Ministry of Internal Affairs and Communications, 14% of all residential properties in Japan are vacant. “When an earthquake or a tsunami occurs, there is a possibility that vacant houses will block evacuation routes as they break down and get destroyed,” he said. In other rural areas with a high concentration of vacant houses, akiya have stalled development, the professor said.

Persons: ”, Jeffrey Hall, “ It’s, don’t, Akio Kon, it’s, “ They’re, Buddhika Weerasinghe, Yuki Akiyama, Akiyama, ” Akiyama Organizations: CNN, Kanda University of International Studies, Ministry of Internal Affairs and Communications, Kanda University, “, Bloomberg, Getty, Ministry, Internal Affairs, Communications, Tokyo City University, Homes Locations: Japan, New York City, Tokyo, Kyoto, Chiba, Kanda, Yato, Yokosuka City, Kanagawa prefecture, Tambasasayama, Noto, Ishikawa, Europe, West, “

☆ Yen eases despite intervention threat, Aussie steady before RBA
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: +3 min

The yen continued to drift lower against the dollar on Tuesday as gaping interest rate differentials weighed on the currency, despite fresh warnings from Japanese officials following two rounds of suspected dollar-selling intervention last week. The U.S. dollar gained 0.22% to 154.235 yen in early Asian trading, adding to its 0.58% rally from Monday. The Aussie edged up 0.17% to $0.6636, heading back towards the high of $0.6650 from Friday, a level last seen on March 8. All but one of the 37 economists surveyed in a Reuters poll expect the RBA to keep rates on hold, with the other predicting a quarter point rate hike, amid stubbornly high inflation. "A different set of central bankers would have had the policy rate higher sooner on the same set of data," Taylor Nugent, a markets economist at National Australia Bank, wrote in a note.

Persons: Michele Bullock, Masato Kanda, Carol Kong, Bullock, Taylor Nugent Organizations: U.S, Reserve Bank of Australia, The U.S ., Bank of Japan, Japan's Ministry of Finance, Federal, Commonwealth Bank of Australia, Bank of, National Australia Bank Locations: The, Japan

☆ Tourism in China surges during May Day holiday but travelers turn frugal
▼ + stars: | 2024-05-06 | by ( Laura He | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —China has reported a surge in tourism during the just concluded Labor Day holiday, but travelers cut back on their spending, in a sign that consumption in world’s second largest economy remains sluggish. That was 28% more than the number of trips taken during the Labor Day holiday period in 2019, which lasted only four days. This year’s Labor Day tourism revenue was 166.89 billion yuan ($23.6 billion), only 13.5% higher than the 2019 level. Passengers at Nanjing Railway Station in East China's Jiangsu province on May 5, the last day of the Labor Day holiday. On Monday, a private sector survey showed that the Caixin/S&P Global services PMI fell to 52.5 in April from 52.7 in the previous month.

Organizations: Hong Kong CNN, Labor, Tourists, Ministry of Culture, Tourism, Passengers, Nanjing Railway, PMI, TD Securities, P Global, National Bureau, Statistics Locations: China, Hong Kong, Nanjing, East China's Jiangsu

☆ Hundreds of thousands of fish died in a single reservoir in Vietnam, another sign of how climate change is strangling the economy
▼ + stars: | 2024-05-06 | by ( Meghan Morris | ) www.businessinsider.com time to read: +4 min

A prolonged drought in southeast Asia contributed to massive fish deaths in southern Vietnam. The climate crisis and human development threaten the Mekong Delta, a key global agricultural center. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In Vietnam, the maze of wetlands that comprise the Mekong Delta is called the country's "rice bowl" because of the vast agriculture it supports. Related storiesMeanwhile, in southern Vietnam, hundreds of thousands of fish died in a reservoir last month as temperatures peaked over 100 degrees Fahrenheit and no rain fell for weeks, the AFP reported.

Persons: —, El Niño, they're, Ksor Phung, VnExpress Organizations: Service, Mekong Delta, country's Ministry of Natural Resources, Environment, World Bank, AFP, Residents, Business, Getty, Commission Locations: Asia, Vietnam, Delta, El, Mekong

☆ Netanyahu denounces possible ICC warrants against Israeli leaders as ‘indelible stain’ on justice
▼ + stars: | 2024-05-05 | by ( Eugenia Yosef | Eyad Kourdi | ) edition.cnn.com time to read: +3 min

CNN —Israeli Prime Minister Benjamin Netanyahu on Sunday warned the International Criminal Court against potentially issuing arrest warrants against Israeli leaders and commanders as a result of its investigation into the war in Gaza, saying that doing so would leave an “indelible stain” on the concept of international justice and law. Netanyahu’s comments, in a televised speech for the opening ceremony of Holocaust Remembrance Day, appeared to be a reference to Israeli media reports that several government officials, including the prime minister, are concerned that such arrest warrants might be imminent. In his speech Sunday, Netanyahu emphasized that the ICC was “founded as a consequence of the Holocaust” and should not attempt to “undermine” Israel’s fundamental right to self-defense. Even if we have to stand alone, we will continue to fight human evil,” Netanyahu added. Those who are in breach of the law will be held accountable.”Israel is not a member of the ICC and rejects the court’s jurisdiction.

Persons: Benjamin Netanyahu, Netanyahu, “, ”, ” Netanyahu, Karim Khan, Bensouda Organizations: CNN, Israeli, Sunday, Criminal, ICC, West Bank, Israel, Ministry of Health Locations: Gaza, The Hague, Israel, State, Palestine, Palestinian, East Jerusalem

☆ The US didn't feel safe enough to raise a kid, so we moved to Japan
▼ + stars: | 2024-05-05 | by ( Trevor D. Houchen | ) www.businessinsider.com time to read: +7 min

He and his wife felt it would be unsafe to raise their child there and decided to move to Japan. He finds Japan more affordable, safe, and is happy to be living near his wife's family — but he's scared of bullying. AdvertisementMy wife was already six months pregnant when we agreed she would leave the US and have our baby in Japan. I want him to learn to speak Japanese fluently and feel safe enough to enjoy his childhood to its fullest. As a professor myself and after a 20-year long career in education, I have read studies that note the lack of critical thinking taught in Japanese high schools.

Persons: Trevor D, Houchen, —, We'd, — we're, she'd, we'd, we've, Care.com, I'm, I'd Organizations: Service, Georgia Technical College, Georgia Gwinnett College —, of Health, Ministry of Health, Labor, Welfare, Kaiser Family Foundation, Japan Times, New York City —, US Naval Locations: Atlanta, Japan, LA, Yokosuka —, Tokyo, Houkien, New York City, Yokosuka

☆ Pentagon races to prop up Ukraine's hard-fighting 47th Mechanized Brigade that's exhausted, report says
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

The Pentagon plans to replenish the powerhouse brigade with Bradley fighting vehicles, Forbes said. AdvertisementUkraine's hard-fighting 47th Mechanized Brigade is battle-weary and urgently needs US support, Forbes reports. Trained by NATO instructors, the 47th Brigade all-volunteer unit is one of Ukraine's powerhouse brigades. Russia's 30th Motor Rifle Brigade took advantage of the rotational lapse as the 47th Brigade withdrew and attacked, capturing a large swathe of territory. AdvertisementBeyond material support and tactical adjustments, the 47th Brigade needs a reprieve from the relentless cycle of conflict.

Persons: Bradley, Forbes, —, Putin, Bradley IFVs, Bradley IFV, ince Organizations: Pentagon, Service, Mechanized Brigade, Forbes, NATO, 47th Brigade, M1, Bradley, Ministry of Defense, 47th Mechanized Brigade, ust Locations: Ukraine, Stepove, Avdiivka

☆ The UK could need an Israeli-style Iron Dome air defense system, says former US national security advisor
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

Read previewFormer US National Security Advisor General HR McMaster has said the UK must prepare for possible future conflicts by building an Israeli-style Iron Dome air defense system. Indeed, the UK is considering developing its own Iron Dome air defense system amid growing tensions with Russia and its allies. The Israeli modelMissiles launched from the Iron Dome defense system attempt to intercept a rocket fired from Gaza strip. Related storiesIsrael's short-range Iron Dome is a mobile all-weather air defense system that has been in service since 2011. Aside from internal discussions on an Iron Dome, the UK is in talks to join Europe's aerial defense system.

Persons: —, McMaster, Adm, Sir Tony Radakin, Michael Clarke, Clarke, MAHMUD HAMS, Rishi Sunak, Israel, Aleksey Zhuravlyov, Putin, Vladimir Solovyov, I've, T6GN35UGtG — Anton Gerashchenko Organizations: Service, US National Security, McMaster, LBC, Business, Britain's Armed Forces, Iron, Getty, UK, Newsweek, Design, Sky, UK Ministry of Defense, NATO Locations: United Kingdom, United States, Israel, Russia, Europe, China, Iran, North Korea, Gaza, AFP, London, Ukraine, British, Russian, Baltic

☆ Russian soldiers were convicted of over 100 murders when they returned home last year, a report says
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussian military personnel were convicted of 116 murders in 2023, Mediazona, a local news website, reported. Advertisement"The high number of homicides by serving and veteran Russian soldiers are likely in part due to enduring war-related chronic poor mental health issues," it wrote. "It is a story about invisible violence," said Kirill Titaev, a Russian sociologist and criminology expert at Yale, told the Times. Last year, Russian President Vladimir Putin called the risk of pardoned convicts re-offending upon their release "inevitable," per the Times.

Persons: —, Olga Romanova, Storm Z, Wagner, ROMAN ROMOKHOV, Kirov, Viktor Savvinov, Kirill Titaev, Vladimir Putin, Putin Organizations: Service, UK Ministry of Defence, Judicial Department, Business, The New York Times, Wagner Group, Storm, Getty, New York Times, Yale, Times Locations: Mediazona, Ukraine, Russia, Russian, Rostov, AFP

☆ Autos analysts pick who can survive China’s cut-throat EV market
▼ + stars: | 2024-05-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Investment analysts are coalescing around a few potential winners in China's car market after a 10-day auto show in Beijing put the ferocious competition on full display. "This year, we notice[d] a meaningful amount of foreign visitors who are Chinese brands' overseas dealers or importers," JPMorgan analysts said. Open to the public After two days of restricting access only to business and media, the Beijing auto show opened to the general public. Jefferies' analysts estimate the policy could boost China's passenger vehicle sales by 1 million units this year, evenly split between electric and gas-powered models. The analysts highlighted their Chinese car stock picks as Leapmotor, Geely and BYD, all rated buy and listed in Hong Kong.

Persons: Nick Lai, BYD, Tesla, hasn't, Elon Musk, Nezha, Asensing, Zhang Haizhou, Morgan, Lei Jun, Xiaomi, Jefferies, Bank of America Merrill Lynch, Leapmotor, — CNBC's Michael Bloom Organizations: Asia Pacific, JPMorgan, Porsche, Apple Vision, Brands, Mazda, Auto, Morgan Stanley Asia Pacific, EV, Bank of America, Trade, Ministry of Commerce, Volkswagen, VW, Toyota Locations: Beijing, China, Asia, Europe, Nio, Zhejiang, Hong Kong

☆ Thousands of Ukrainians have been sent to Russian prisons. Ukraine says they’re being held as bargaining chips
▼ + stars: | 2024-05-05 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +22 min

The Ukrainian government says there are thousands of people like Dima, civilians arrested by Russia who have been held in arbitrary detention for years. In the early weeks of the war, Russian troops took over their home, parking their tank in the garden and stealing anything of value. Following the full-scale invasion of Ukraine, Russia opened a second pre-trial detention facility in Simferopol, SIZO No. Detained civilians, however, are stuck in limbo. Mariana Checheliuk's photos were among those displayed by relatives of detained civilians at a recent protest in Kyiv.

Persons: Ukraine CNN — “, ”, Vasyl Khyliuk, Dmytro Khyliuk, Dima, –, Ivana Kottasova, Dmytro Lubinets, Lubinets, ” Achille Després, Cross, it’s, Vasyl, ” Vasyl, Halyna, “, Dmytro Khyliuk’s, Russia —, Khyliuk, Anastasiia, MIHR, Pantielieieva, CNN “ We’ve, ” Pantielieieva, Yulia Khrypun, Serhii, ’, Serhii Khrypun, Yulia, ” Yulia, Mariana Checheliuk, Mariana, Natalia Checheliuk, ” Natalia, ’ ” Natalia, Alexander Ermochenko, Mariana –, Mila, Natalia, Volodymyr, Zelensky, Mariana Checheliuk's Organizations: Ukraine CNN, Ukrainian Independent, Agency, Kyiv, CNN, Russian Federation, International Committee, Ukrainian, Organization for Security, Getty, Media Initiative, Human Rights, Penal, Russian Investigative Committee, Russian Prison Service, ICRC, Russian Ministry of Defense, Ukrainian Defense Intelligence, Russian Federal Security Service, Russian National Guard, Directorate, General Staff, Serhii, Crimean Human Rights, Maxar Technologies, Volunteers, Russia, United Nations Children’s Fund, UNICEF, Security Service of Ukraine, Ukraine’s, Ministry of Internal Affairs, Ministry of Foreign Affairs, National Information Bureau, Ministry, “, Headquarters Locations: Kyiv, Ukraine, Dima, Ukrainian, Kozarovychi, Russia, Geneva, Europe, Novozybkov, Russia’s Bryansk, Russia’s Vladimir, Mordovia, Russian, Moscow, Bryansk, Nove, Tokmak, Melitopol, Olenivka, Kursk, Crimea, Kamensk, Russia’s Rostov, Yulia Khrypun Russia, Chonhar, Kherson, Crimean, Crimean Tatars, Simferopol, SIZO, Irkutsk, Krasnoyarsk, Siberia, ‘, Mariupol, Zaporizhzhia, Bezimenne, Donetsk People’s Republic, Azovstal, Donetsk, Taganrog, Kamyshin, Russia’s Volgograd, Qatar

☆ Paris 2024: Ukrainian athletes urged to avoid Russians and Belarusians at Olympics
▼ + stars: | 2024-05-03 | by ( Radina Gigova | Svitlana Vlasova | ) edition.cnn.com time to read: +3 min

CNN —Ukrainian athletes have been urged by the country’s National Olympic Committee (NOC) to avoid contact with Russians and Belarusians during the 2024 Olympics in Paris so that possible “provocative actions” can be prevented. Ukrainian athletes are also asked “not to communicate or discuss on social media with individual neutral athletes from Russia and Belarus” and not to share or respond to their content. Ukrainian athletes are also urged to refrain from “participating in press conferences, live broadcasts, interviews and other promotional events with individual neutral athletes of the Russian Federation and Belarus before and after the competition,” according to the recommendations. The International Olympic Committee (IOC) announced in December that Russian and Belarusian athletes will only be eligible to compete as individual neutral athletes at this year’s Paris Games. Teams of Russian and Belarusian athletes will not be considered, while athletes who actively support the war against Ukraine will also be ineligible.

Persons: ”, “, Dmytro Kuleba, ” Kuleba, Alexander Lukashenko, Vladimir Putin Organizations: CNN, country’s, Olympic Committee, Ministry of Youth, Sports, Belarus ”, Russian Federation, Paris, Games, IOC Locations: Paris, Russia, Belarus, Belarusian, Ukraine

☆ China's automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
▼ + stars: | 2024-05-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

The automaker is the joint venture partner of Honda and Toyota in China, and has an electric car brand called Aion. Expanding outside ChinaLike other automakers in China, GAC is also turning overseas. China's overseas car sales surged last year, putting the country on par with Japan as the world's largest exporter of cars. Dyer expects that to drive overseas demand for Chinese electric cars. Chinese consumers placed almost twice as much importance on tech features compared with U.S. consumers, Dyer said, citing AlixPartners' survey.

Persons: Evelyn Cheng, Tesla, Feng Xingya, Feng, Wei Haigang, Wei, Stephen Dyer AlixPartners, There's, Stephen Dyer, AlixPartners, Dyer, BYD, Nio, CATL, Zhong Shi Organizations: CNBC, GAC, Labor, Huawei, Honda, Toyota, China Passenger Car Association, EU, U.S, Factories, Greater China Business U.S, Ministry of Commerce, Tech, Volkswagen, SAIC Motor, Battery, China Automobile Dealers Association, Automotive, Robotics, Lotus Technology, Geely Locations: Beijing, Evelyn Cheng BEIJING, China, East, Mexico, Japan, Malaysia, Thailand, Egypt, Brazil, Turkey, Amsterdam, Greater China, Asia, U.S, Europe

☆ Yen poised for best week in over a year; dollar waits on U.S. jobs data
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: +3 min

Elsewhere, the dollar lost ground against most of its peers and was headed for its worst week in nearly two months, in part due to the sharp rise in the yen this week. The euro ticked up 0.05% to last trade at $1.0730, and was eyeing a weekly gain of 0.35%. "Recent Fed speech has acknowledged the lack of progress on inflation and the desire to maintain the current level of policy rates for longer. Down Under, the Australian dollar edged 0.07% higher to $0.6570, and was on track to gain nearly 0.6% for the week. The New Zealand dollar tacked on a marginal 0.03% to $0.5963, and was eyeing a 0.4% weekly gain.

Persons: Tokyo's, Vishnu Varathan, Jerome Powell, Sterling steadied, Tai Hui Organizations: Traders, Bank of Japan, Ministry of Finance, Mizuho Bank, Federal, Fed, Morgan Asset Management, New Zealand Locations: Asia, tenterhooks, Tokyo, Japan

☆ NATO says Russia is carrying out 'malign activities' like sabotage on its member states and will address them
▼ + stars: | 2024-05-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

NATO is accusing Russia of "malign activities" in its member states, including Germany and the UK. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe North Atlantic Treaty Organization on Thursday singled out Russia in a statement condemning "recent malign activities" in its member states. The treaty organization said these individuals' actions were part of an "intensifying campaign of activities" carried out by Russia. Amid the heightened tensions, NATO members have increasingly highlighted what they say are Russian clandestine activities in their own governments and institutions.

Persons: —, Emmanuel Macron Organizations: NATO, North Atlantic Council, Service, Atlantic Treaty Organization, North Atlantic, Moscow, Russia's Ministry of Foreign Affairs, Business Locations: Russia, Germany, Czechia, Estonia, Latvia, Lithuania, Poland, Moscow, Ukraine, —, Kyiv, Russian, London, China

☆ Turkey halts trade with Israel over Gaza war
▼ + stars: | 2024-05-03 | by ( Hande Atay Alam | Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

CNN —Turkey has halted all import and export transactions with Israel in protest over the war in Gaza. “All import and export transactions related to Israel, including all products, have been stopped,” Turkey’s trade ministry said in a statement Thursday. Thursday’s measures by Turkey follow the introduction last month of restrictions on its exports to Israel after the Turkish foreign minister accused Israel of denying a request to airdrop aid to Gaza. Turkey is one of the biggest donors of aid to Gaza, according to Israel’s Coordinator of Government Activities in the Territories. Israeli attacks in Gaza have killed more than 34,600 Palestinians as of May 1, according to the territory’s Ministry of Health.

Persons: “, ”, Recep Tayyip Erdogan, Israel Katz, Katz, Israel, Turkey’s, Eyad Organizations: CNN, Reuters, Israel’s Ministry of Foreign Affairs, Hamas, territory’s Ministry of Health Locations: Turkey, Israel, Gaza, “ Turkey, “ Israel, Territories, Republic of Turkey, Gaziantep

☆ Italy bans puppy yoga classes amid welfare concerns
▼ + stars: | 2024-05-03 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +3 min

Rome CNN —Italy’s Ministry of Health has banned the popular wellness trend of “puppy yoga” amid concerns that the puppies used in the practice could be exploited and mistreated. Typically, sessions involve puppies roaming around a yoga class and sometimes being incorporated in poses. CNN reached out to several Italian puppy yoga centers for comment with no success. The ruling does not have a legal arena for appeal, a spokesperson for Italy’s health ministry said. Elisa Allen, vice president of programs and operations at People for the Ethical Treatment of Animals (PETA) UK, commended Italy for banning puppy yoga in a statement to CNN Friday.

Persons: Rome, Giovanni Leonardi, ” LNDC, “, Piera Rosati, ”, ” Rosati, Elisa Allen, Allen, –, yogis, ” Allen Organizations: Rome CNN — Italy’s Ministry of Health, Health, Lega Nazionale, National League for, Defense of Dogs, CNN, People, Animals, PETA Locations: Cane, Italy

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