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☆ Xi shakes up China’s military in rethink of how to ‘fight and win’ future wars
▼ + stars: | 2024-04-27 | by ( Nectar Gan | ) edition.cnn.com time to read: +8 min

Chinese leader Xi Jinping oversees the inauguration of the Information Support Force of the People's Liberation Army at a ceremony in Beijing on April 19, 2024. The Information Support Force will be led by top generals from the now-defunct SSF. These functions will now be supervised at his level and not through the Strategic Support Force, which served as a middleman,” Wuthnow said. Though US intelligence officials said the balloon was part of an extensive surveillance program run by the Chinese military, Xi may not have been aware of the mission. Chinese leader Xi Jinping has scrapped the People's Liberation Army's Strategic Support Force, a branch he founded in 2015.

Persons: Xi Jinping, Xi, ”, Wu Qian, SSF, Bi Yi, Li Wei, Ju Qiansheng, Joel Wuthnow, ” Wuthnow, Joe Biden, didn’t, Xinhua News Agency James Char, Char Organizations: Hong Kong CNN, Strategic Support Force, Support Force, PLA, China’s Defense, Aerospace Force, Cyberspace Force, Central Military Commission, Logistic Support Force, Information, Force, People's Liberation Army, Xinhua News, Information Support Force, Xinhua, Pentagon, National Defense University, Aerospace Systems Department, Network System Department, Xinhua News Agency, Rajaratnam, of International Studies, SSF’s Aerospace Systems Department, “, Communist Party, Taiwan Locations: China, Hong Kong, Beijing, Washington, United States, Singapore, Ukraine, Taiwan Strait, Taiwan

☆ Putin’s War Will Soon Reach Russians’ Tax Bills
▼ + stars: | 2024-04-27 | by ( Paul Sonne | ) www.nytimes.com time to read: +1 min

President Vladimir V. Putin of Russia is about to institute a rare tax increase on corporations and high earners, a move that reflects both the burgeoning costs of his war in Ukraine and the firm control he has over the Russian elite as he embarks on a fifth term in office. Financial technocrats in Mr. Putin’s government are searching for new ways to fund not just an expensive war in Ukraine but also a broader confrontation with the West that is likely to remain costly for years. Russia is allocating nearly a third of its overall 2024 budget to national defense spending this year, a huge increase, adding to a deficit that the Kremlin has taken pains to keep in check. The proposed tax increase underscores Mr. Putin’s rising confidence about his political control over the Russian elite and his country’s economic resilience at home, showing that he is willing to risk alienating parts of society to fund the war. It would represent the first major tax overhaul in over a decade.

Persons: Vladimir V, Putin Locations: Russia, Ukraine

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

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

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

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

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

☆ Ukraine pulled its Abrams tanks from the front due to Russian drone tactics, US officials say
▼ + stars: | 2024-04-26 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Ukraine has removed Abrams tanks from the front lines, Pentagon officials told the Associated Press. AdvertisementUkraine has withdrawn its US-supplied Abrams tanks from the front lines in the face of Russian drone warfare tactics, two US defense officials told the Associated Press. A Russian reconnaissance drone knocked out an M1 Abrams tank near Avdiivka in eastern Ukraine in February, according to Russian state media. AdvertisementUkraine has lost five Abrams tanks in recent months, The New York Times reported this month, citing an unnamed senior US official. AdvertisementUkraine has used them to devastating effect to take out Russian tanks, with drones responsible for two-thirds of Russian tanks taken out, a NATO official told Foreign Policy earlier this month.

Persons: Abrams, —, Christopher Grady, Grady, Markus Reisner, Ukraine's Organizations: Pentagon, Associated Press, Service, Joint Chiefs of Staff, Abrams, New York Times, US, NATO, Soviet, Challenger Locations: Ukraine, Russian, Avdiivka, Austrian

☆ The US relationship with China is entering a dangerous era. Time may be running out to save it.
▼ + stars: | 2024-04-26 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

There was a risk, he said, that US-China relations could "return to a downward spiral." As such, the US-China relationship appears to have entered a dangerous period, and time may be running out to save it. The US has handed Ukraine billions in aid and military support to resist the invasion, with a new $61 billion bill passing this week. AdvertisementBlinken said he raised concerns about China's support for Russia in its invasion of Ukraine. Blinken will have to overcome several hurdles for US-China relations to improve.

Persons: —, Antony Blinken's, Xi Jinping, Wang Yi, Xi, Joe Biden, Ali Wyne, Wang, Blinken, Ian Bremmer Organizations: Service, Business, US, West, International Crisis, Russia, Eurasia Group, Bloomberg Locations: China, Ukraine, loggerheads, Taiwan, Washington, Beijing, US, Western Europe, Russia

☆ Xi Meets Blinken With Tough Issues on the Agenda
▼ + stars: | 2024-04-26 | by ( Ana Swanson | Vivian Wang | ) www.nytimes.com time to read: +1 min

Both China and the United States have said they were hoping for progress on a few smaller, pragmatic fronts, including improving communications between their militaries and easing travel between the countries. But they remain at a standstill on fundamental strategic issues, including trade policies and territorial conflicts in the South China Sea and over Taiwan. And with other disputes looming, both sides acknowledged the danger of the relationship sliding into further conflict. The Biden administration is deeply concerned that cheap Chinese exports are threatening U.S. jobs, and is worried about China’s support of Russia in the Ukrainian war. And China has accused the United States of working to encircle Chinese interests in the Pacific.

Persons: Antony J, Blinken, Xi Jinping, Biden Locations: Beijing, East Asia, East, Ukraine, China, United States, South, Taiwan, Russia, Pacific

☆ Ukraine can keep on fighting Russia — but the 'victory' it wants might be out of reach
▼ + stars: | 2024-04-26 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +4 min

Ukrainian servicemen practice combat drills involving a BMP-1 in Donbas, Ukraine as Russia-Ukraine war continues on March 19, 2024. But, with future aid uncertain, analysts question what "victory" Ukraine could realistically achieve against Russia — a country that has put its industries on a war footing and is able to mobilize hundreds of thousands more men to war. While additional aid allows Ukraine to keep on fighting Russian forces in the short stretch, a "victory" in the near-term is an unlikely prospect. What's more, what "victory" looks like for Ukraine, or its allies, could be a source of friction. This is particularly the case in eastern Ukraine, where it has enjoyed support from pro-Russian separatists for over a decade.

Persons: Teneo, Vladimir Putin, Natalia Kolesnikova, Tursa, Frankness, Oleksandr Musiyenko, Putin Organizations: Anadolu, Getty, Russia —, Afp, Centre for Military, Legal, U.S, CNBC Locations: Donbas, Ukraine, Russia, Kyiv, U.S, Central, Eastern Europe, Ukrainian, Crimea, Red, Moscow, Russian, Sevastopol

☆ ExxonMobil and Chevron Report Lower Earnings
▼ + stars: | 2024-04-26 | by ( Stanley Reed | More About Stanley Reed | ) www.nytimes.com time to read: 1 min

ExxonMobil and Chevron, the largest American energy companies, said on Friday that their earnings in the first quarter fell from a year earlier, pulled down by lower refining margins and plunging natural gas prices. But the oil and gas business remains highly profitable for the two giants even at a time of moderate oil prices. ExxonMobil said that earnings were $8.2 billion in the quarter, compared with $11.4 billion in the same period a year earlier. Their earnings were also hurt by falling prices for natural gas, a key fuel that is used in heating and industry. Natural gas prices, which soared after Russia’s invasion of Ukraine in 2022, have fallen sharply as markets adjusted.

Organizations: ExxonMobil, Chevron Locations: Ukraine

☆ Ukraine war live updates: NATO chief chides China; Pentagon says weapons will reach Ukraine 'within days'
▼ + stars: | 2024-04-26 | by ( Natasha Turak | ) www.cnbc.com time to read: 1 min

A view of the street filled with rubbles of partially destroyed building after a Russian missile strike as at least 7 were killed, 28 injured in the attack Ukrainian Ministry of Internal Affairs said, in Dnipro, Ukraine on April 19, 2024. The Pentagon says its deliveries of weapons from the latest U.S. support package for Kyiv are on their way and will arrive in the coming days, if not sooner. Russian officials have hit back at the news, saying the new arms provisions will harm the region's security but will not bring Ukraine any closer to defeating Russia. NATO Secretary-General Jens Stoltenberg had some strong words for China, saying Beijing must end its support for Russia's war in Ukraine if it wants better relations with the West, and that it cannot have it "both ways." Elsewhere, U.S. Secretary of State Antony Blinken is visiting Chinese President Xi Jinping in Beijing.

Persons: Jens Stoltenberg, Antony Blinken, Xi Jinping Organizations: Ukrainian Ministry of Internal Affairs, Pentagon, Kyiv, Russia, NATO Locations: Russian, Ukrainian, Dnipro, Ukraine, China, Beijing

☆ Opinion: $95 billion Israel-Ukraine aid package gives Biden huge leverage. He should use it
▼ + stars: | 2024-04-26 | by ( Opinion Mark Hannah | ) edition.cnn.com time to read: +8 min

CNN —The $95 billion military aid package President Joe Biden signed Wednesday was a feat of tough-minded negotiation to get funding to Ukraine and Israel after months of congressional horse-trading. But if the aid inflates those countries’ war aims, it could discourage the kind of tough-minded negotiation that is the only way to end their wars. The new infusion of aid gives the US a lot of leverage with Ukraine and Israel. However, the recent aid package includes long-range missiles, or ATACMS, which suggests Ukraine is readying an offensive against Crimea. In Israel, putting conditions on military aid is a better idea.

Persons: Mark Hannah, Joe Biden, Mark Hannah Biden, Benjamin Netanyahu, ”, Mark Milley, “, —, Israel, Biden, George W, Bush, Putin, Ukraine’s, Biden judiciously, Netanyahu, Henry Kissinger, Golda Meir, Kissinger, ” Kissinger, Russia shouldn’t Organizations: Institute for Global Affairs, Eurasia Group, CNN, Wednesday, Joint Chiefs of Staff, Palestinian Authority, Abrams Tanks, Crimea, Israel, Twitter Locations: Ukraine, Israel, Crimea, Washington, Ukrainian, Russia, Gaza, United States, Kippur, Tel Aviv, Soviet

☆ Kim Jong Un tested a new rocket that could hit Seoul — and may aid Russia against Ukraine
▼ + stars: | 2024-04-26 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Kim Jong Un oversaw tests for a rocket capable of hitting Seoul in South Korea, Bloomberg reported. Russia and North Korea have previously denied reports of an arms deal between the two nations. North Korean leader Kim Jong Un and Russian President Vladimir Putin in Vladivostok on April 25, 2019. Russia and North Korea have previously denied an arms deal exists between the two countries. Business Insider reported in October that North Korea was on track to become "one of Russia's most significant foreign arms suppliers."

Persons: Kim Jong Un, —, Yang, Vladimir Putin, Alexander Zemlianichenko, Simon Miles, Miles, Kelly Grieco, it's Organizations: Bloomberg, Service, Ukraine, Korean People's Army, Korean Central News Agency, Asan Institute, Policy Studies, NK News, North Korean, Duke University's Sanford School of Public, Kremlin, Soviet Union, AP News, Business, pushback, US, Stimson Center Locations: Seoul, South Korea, Russia, Ukraine, North Korea, Korea, Russian, Vladivostok, Soviet

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

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

☆ Gaza war: Most of the West remains silent on Israeli decisions, says Turkish ambassador to Singapore
▼ + stars: | 2024-04-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGaza war: Most of the West remains silent on Israeli decisions, says Turkish ambassador to SingaporeBurcin Gonenli, Turkish ambassador to Singapore, says the majority of states in the West have been silent on developments such as Israel's decision to expand settlements in East Jerusalem, despite calling for adherence to international law in the Russia-Ukraine war and other global conflicts.

Organizations: Singapore Burcin Locations: Turkish, Singapore, East Jerusalem, Russia, Ukraine

☆ Blinken tells CNN the US has seen evidence of China attempting to influence upcoming US elections
▼ + stars: | 2024-04-26 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +7 min

Beijing CNN —US Secretary of State Antony Blinken said the US has seen evidence of Chinese attempts to “influence and arguably interfere” with the upcoming US elections, despite an earlier commitment from leader Xi Jinping not to do so. Then, Xi had pledged that that China would not do so, according to CNN reporting. The US believes that Chinese support is enabling Russia to ramp up production of tanks, munitions and armored vehicles – and to continue its onslaught on Ukraine. Instead, they characterized this as trade with Russia and said Moscow’s success didn’t depend on China, Blinken added. He also stressed the importance of such expression in democracies, without explicitly noting the lack of such freedoms in China.

Persons: Antony Blinken, Xi Jinping, Blinken, Kylie Atwood, Xi, Joe Biden, ” Blinken, Biden, —, Russia Blinken, Wang Yi, ”, who’ve, we’ve, it’s, that’s, Jennifer Hansler Organizations: Beijing CNN —, Moscow, CNN, Biden, Russia, “, Israel Locations: Beijing, China, American, San Francisco, Canada, Russia, Ukraine, Gaza, Iran, Israel, Palestinian, Saudi Arabia

☆ What the pro-Palestinian protesters on college campuses actually want
▼ + stars: | 2024-04-26 | by ( Matt Egan | Ramishah Maruf | ) edition.cnn.com time to read: +8 min

“We are not going anywhere until our demands are met,” Khymani James, a student at Columbia University, said during a news briefing Wednesday. Student demonstrators occupy the pro-Palestinian "Gaza Solidarity Encampment" on the West Lawn of Columbia University on April 24, 2024 in New York City. The Columbia protesters are also calling for the university to “disclose and sever all ties” with the New York Police Department. For example, Columbia protesters want the university to sever ties with the school’s center in Tel Aviv and a dual degree program with Tel Aviv University. New York University protesters use the school’s Tel Aviv center as a rallying cry as well.

Persons: ” Khymani James, Michael M, “, Mike Johnson, Charlie Eaton, ”, It’s, Mark Yudof, it’s, ” Yudof, Yudof, he’s, Jonathan Macey, Macey, ” Lauren Post, don’t, Cary Krosinsky, Lockheed Martin, Basil Rodriguez, Rodriguez, ” Rodriguez, John Towfighi Organizations: New, New York CNN — College, Hamas, Universities, Columbia University, Student, Lawn of Columbia University, Getty, University of Southern, ”, Princeton University, Ivy League, Columbia University Apartheid, Columbia, New York Police Department, Students, Tel Aviv University . New York University, Republican, University of California, “ Bankers, Yale Law School, Defamation League, Post, ADL, Yudof, BDS, Universities don’t, Yale, Lockheed, Raytheon, CNN Locations: New York, America, Israel, Gaza, Palestinian, New York City, University of Southern California, Harlem, Columbia, Tel Aviv, South Africa, Merced, Ivory, Iran, Russia

☆ In Western Ukraine, a Community Wrestles With Patriotism or Survival
▼ + stars: | 2024-04-26 | by ( Natalia Yermak | Brendan Hoffman | ) www.nytimes.com time to read: +1 min

It was sunset when Maj. Kyrylo Vyshyvany of the Ukrainian army stepped into the yard of his childhood home in Duliby, a village in western Ukraine, just after his younger brother, also a soldier, had been buried. “I can already see that she’ll be coming to visit him every day,” he said that day. A few days after the funeral, in March 2022, he was killed in a Russian missile strike on a Ukrainian military base and buried next to his brother, Vasyl. The Vyshyvany brothers were the first deaths from Duliby and the surrounding community after Russia began its full-scale invasion on Feb. 24, 2022. For Duliby and its surrounding enclave of Khodoriv — total population around 24,000 people — waiting for the next solemn death notification and the funeral that follows has become a bitter routine.

Persons: Kyrylo, ”, Vasyl, — Locations: Duliby, Ukraine, Russian, Ukrainian, Russia, Khodoriv

☆ Ukraine Is Denying Consular Services to Men Outside the Country
▼ + stars: | 2024-04-26 | by ( Maria Varenikova | ) www.nytimes.com time to read: 1 min

Ukrainian officials have taken several steps in recent weeks to swell the ranks of an army depleted by more than two years of grueling combat. The government passed a new mobilization bill aimed at increasing troop numbers and has stepped up border patrols to catch draft dodgers. Now, officials are targeting men who have already left the country. This week the government announced that Ukrainian embassies had suspended issuing new passports and providing other consular services for military-age men living abroad. By suspending consular services, the government said, it was responding to demands for fairness in society.

Organizations: dodgers

☆ Russia Strikes Ukraine’s Railways and Vows to Slow Arrival of U.S. Aid
▼ + stars: | 2024-04-26 | by ( Maria Varenikova | More About Maria Varenikova | ) www.nytimes.com time to read: +1 min

At least 31 civilians were injured and six killed in the attacks, according to the Ukrainian military and local officials. Three of the dead were railway workers killed by a strike in the Donetsk region. Russia also attacked a railway facility in the Cherkasy region but no casualties were reported. The latest attacks on the rail network came after Russia’s defense minister, Sergei Shoigu, promised to target Western weapons as they arrived in Ukraine. “We will increase the intensity of strikes on logistics centers and storage bases of Western weapons,” he said in a speech Tuesday at the ministry.

Persons: Sergei Shoigu, “, ” Locations: Russia, Ukraine, Donetsk, Kharkiv, Cherkasy, Ukrainian

☆ Russia vetoed a US attempt to stop countries putting nukes in space — exactly what the Kremlin is accused of trying to do
▼ + stars: | 2024-04-25 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Russia vetoed a UN resolution led by the US and Japan to prevent a space arms race. The resolution aimed to head off the deployment of nuclear weapons in orbit. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia vetoed a US- and Japan-led UN resolution aimed at stopping a nuclear arms space race. Russia used its Security Council veto on Wednesday to block a resolution calling on countries to work toward the "prevention of an arms race in outer space."

Persons: — Organizations: UN, US, Service, Business Locations: Russia, Japan

☆ Russian courts saw hundreds of AWOL cases in March alone, a record high since the war began: report
▼ + stars: | 2024-04-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

In March, Russia dealt with its highest-ever number of AWOL cases since the war began, Mediazona reported. AdvertisementRussian courts assessed 684 absences without leave in March, the highest-ever monthly count since the war in Ukraine began, independent Russian media reported. Citing public records, independent outlet Mediazona reported on April 12 that a daily average of 34 AWOL sentences were carried out in military courts that month. Related storiesRussian courts have dealt with some 2,300 AWOL cases since the start of 2024, and about 7,400 total cases since Moscow invaded Ukraine in February 2022, according to Mediazona. This spring, Russia is set to call up some 150,000 men for routine, statutory military service, which typically lasts about one year.

Persons: Mediazona, —, Christopher Cavoli Organizations: Service, UK Defence Ministry, Russian Ministry of Defense, Business, US Army, NATO Locations: Russia, Ukraine, Moscow, Europe

☆ The US is under pressure to lead the way in reducing plastic pollution — but it keeps making more of it
▼ + stars: | 2024-04-25 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

World leaders are gathering in Ottawa, Ontario, this week to hash out a global treaty to end plastic pollution. This story is available exclusively to Business Insider subscribers. AdvertisementHundreds of businesses and countries support cutting plastic production. Lin represents the Business Coalition for a Global Plastics Treaty, which includes more than 200 companies. Cutting plastic production would also hit the bottom line of oil majors such as Exxon.

Persons: Carroll Muffett, Jose Fernandez, Biden, Allison Lin, Lin, Stewart Harris, Harris, Neil Nathan, Nathan, He's Organizations: Service, Business, Center for International Environmental Law, Organization for Economic Co, Lawrence Berkeley National Laboratory, State Department, Mars Inc, Business Coalition, Global Plastics, Walmart, PepsiCo, International Council of Chemical Association, Oxford Economics, Exxon, The International Energy Agency, UC Santa Barbara, US Locations: Ottawa , Ontario, Russia, Iran, Saudi Arabia, Washington, DC, Paris, Ottawa, Belgium

☆ I Hid the War in Ukraine From My Son - The New York Times
▼ + stars: | 2024-04-25 | by ( Sasha Vasilyuk | ) www.nytimes.com time to read: +1 min

In January 2022, I was planning a summer trip to Ukraine and Russia for my 4-year-old son and me. I spent half of my childhood in Ukraine and half in Russia before moving to the United States when I was a teenager. When I became a parent, my one, obsessive goal — as a mother raising a child in America with a man who spoke only English — was to teach my son Russian. He started inserting English words in otherwise Russian sentences and talking to himself in English while playing alone. A visit to Ukraine and Russia would allow him to see that his mother’s native language wasn’t a quirk of hers but something normal for millions of people.

Locations: Ukraine, Russia, United States, America, Russian, Kyiv, Moscow

☆ Audacious Ukrainian drone attacks keep doing massive damage to Russia's oil industry
▼ + stars: | 2024-04-25 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

The strikes are doing serious damage to Russia's oil and gas sector. Bloomberg reported that Russia's oil refining is at an 11 month low. AdvertisementBloomberg earlier this week reported that Russia's oil refining is at an 11-month low because of flooding and Ukraine's drone campaign. Ukraine's attacks on Russian oil depots are one of the few bright spots in its war in recent months. "Future Ukrainian drone strikes may disable and disrupt more of Russia's refining capacity and inflict critical constraints on Russian refining that begin to substantially impact Russia's production of distillate products," the analysts said.

Persons: —, Joe Biden's Organizations: Bloomberg, Service, AFP, Metallurgical, The Locations: Ukraine, Russia, Russia's Smolensk, Lipetsk, Russia's, Ukraine's, US

☆ Ukraine war live updates: Russian strikes hit Ukrainian critical infrastructure; UK finance minister visits Kyiv
▼ + stars: | 2024-04-25 | by ( Natasha Turak | ) www.cnbc.com time to read: 1 min

Ukraine came under attack from Russian aerial strikes overnight, which hit critical infrastructure in the central region of Cherkasy, local officials said. In the southeastern region of Zaporizhzhia, which is occupied by Russian forces, Moscow-installed officials there reported that Ukrainian drone strikes killed two civilians. U.K. Finance Minister Jeremy Hunt is in Kyiv meeting Ukrainian President Volodymyr Zelenskyy, and will meet with other officials throughout the day. The visit comes a day after U.S. President Joe Biden signed a massive Ukraine aid bill into law, which will provide the embattled country with tens of billions of dollars in more military and financial funding for its fight against Russia's invasion.

Persons: Jeremy Hunt, Volodymyr Zelenskyy, Joe Biden Organizations: Finance Locations: Ukraine, Cherkasy, Zaporizhzhia, Moscow, Ukrainian, Kyiv

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