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☆ Why predicted gains for right-wing populists could make Europe vulnerable to attack
▼ + stars: | 2024-05-11 | by ( Luke Mcgee | ) edition.cnn.com time to read: +6 min

CNN —Right-wing populists are set to make unprecedented gains in the elections to the European Parliament taking place next month. Polling data suggests that far-right Members of the European Parliament (MEPs) could have enough seats to, together, block the passage of European Union legislation, creating a massive headache for the union as a whole. “For some countries, that is a six-month process, in others it can take two years,” a senior European Parliament source told CNN. Britain's Nigel Farage used his seat in the European Parliament to promote Brexit. It only becomes an issue if they are working with foreign powers to advance their agenda,” an EU security source told CNN.

Persons: Ursula von der Leyen, Yiannis Kourtoglou, Reuters “, ”, James Shires, you’ll, don’t, Britain's Nigel Farage, SEBASTIEN BOZON, it’s, — Organizations: CNN, Parliament, European, Reuters, “, Brexit, Getty, British, EU, Brussels Locations: Brussels, China, Russia, Strasbourg, AFP, Britain, Ukraine, EU, Europe

☆ A US ally is forging ties with China's air force but probably won't get its J-20 stealth fighter
▼ + stars: | 2024-05-08 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

The UAE is boosting ties with China's air force. Major General Saleh Mohammed bin Mejren Al Ameri, commander of the UAE's Joint Operations, met with the commander of China's People's Liberation Army Air Force on April 23 to promote closer air force cooperation. Another even speculated Abu Dhabi may eventually seek China's premier stealth fighter: the fifth-generation J-20 Mighty Dragon. I don't see this relationship developing into something similar to what the UAE Air Force has with France or even Russia anytime soon." Furthermore, the Emirati air force fighter fleet is already large for such a small country, making it unlikely the L-15s will serve any combat role.

Persons: —, General Saleh Mohammed bin Mejren Al Ameri, China's, Abu Dhabi, Abu, Abu Dhabi's, Ahmed Aboudouh, Aboudouh, Washington's hesitance, Fred Tanneau, Sebastien Roblin, Roblin, haven't, Russia's Su, Robin Organizations: Service, United, Liberation Army Air Force, Dassault Rafales, Chatham House, China Studies Unit, Emirates Policy Center, Rafale, Dassault Aviation, UAE Air Force, UAE, China hasn't, FC, Korea's KF, UAE . The Emirates, KF Locations: UAE, Washington, Beijing, United Arab Emirates, China, United States, Abu Dhabi, UAE's, France, Abu, Russia, Saudi, Pakistan, Ukraine

☆ AI engineers report burnout, rushed rollouts as 'rat race' to stay competitive hits tech industry
▼ + stars: | 2024-05-03 | by ( Hayden Field | ) www.cnbc.com time to read: +16 min

The AI engineer bailed on his friends, who had traveled from the East Coast to the Seattle area. watch nowThis is the dark underbelly of the generative AI gold rush. Last year marked the beginning of the generative AI boom, following the debut of OpenAI's ChatGPT near the end of 2022. Justin Sullivan | Getty ImagesAn AI engineer at Microsoft said the company is engaged in an "AI rat race." The Microsoft AI engineer said a lot of tasks are about "trying to create AI hype" with no practical use.

Persons: Sebastien Bozon, Jensen Huang, Tech's, Amy Hood, Mark Zuckerberg, Zuckerberg, Andy Jassy, Jassy, they're, Eric Gu, “, Gu, Satya Nadella, Sam Altman, Justin Sullivan, there's, Morry, Kolman, doesn't, Sundar Pichai, Bard, There's, That's, beholden, Ayodele Odubela, ", it’s, Adam Selipsky, Anthropic, Dario Amodei, Noah Berger, Odubela, Gemini Organizations: Google, Apple, Facebook, Microsoft, AFP, Getty, Amazon, CNBC, Big Tech, Nvidia, Google . Engineers, Tech, Vision, Cloud Next, Web, Amazon Web Locations: Mulhouse, France, East Coast, Seattle, ChatGPT, San Francisco, Vegas, Las Vegas, German

☆ ‘Infested’ Review: Bugging Out
▼ + stars: | 2024-04-25 | by ( Jeannette Catsoulis | ) www.nytimes.com time to read: +1 min

There are no fresh ideas in the French creepy-crawler “Infested,” yet this first feature from Sébastien Vanicek scurries forward with such pep and purpose that its shortcomings are easily forgivable. Add a handful of eager young actors, a sociopolitical slam and a claustrophobic location swarming with venomous spiders and you’ll be hunting for the DEET long before the credits roll. His latest acquisition is a spider that, unbeknown to Kaleb, was smuggled from a Middle Eastern desert after rendering one of its captors agonizingly kaput. In less time than it takes to say “arachnophobia,” it will escape, reproduce like a bandit and send its deadly progeny scampering into every unsealed nook and cranny. Woe betide anyone not wearing a hoodie.

Persons: Vanicek, Kaleb, Théo Christine, agonizingly kaput Locations: Paris, Kaleb

☆ T. Rowe Price’s Sebastien Page: Don't expect a recession this year
▼ + stars: | 2024-04-17 | 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 EmailT. Rowe Price’s Sebastien Page: Don't expect a recession this yearSebastien Page, T. Rowe Price head of global multi-asset, joins 'Closing Bell' to discuss why he's neutral on the market and his stock risk tolerance.

Persons: Rowe Price’s Sebastien Page, Sebastien Page, Rowe Price

☆ Americans don't 'play that much' in the luxury industry, Accor CEO says
▼ + stars: | 2024-04-10 | 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 EmailAmericans don't 'play that much' in the luxury industry, Accor CEO saysAccor CEO Sébastien Bazin goes over the industry outlook.

Persons: Sébastien Bazin

☆ Who gets to buy a Birkin bag?
▼ + stars: | 2024-04-08 | by ( Joan Kennedy | ) edition.cnn.com time to read: +10 min

(CNN) — It’s so hard to get your hands on an Hermès Birkin bag that it should be illegal. Hermès’ ultra-exclusive positioning has meant Birkin sales have continued to overperform in the market even as most other luxury brands see demand slowing from post-pandemic highs. A scarcity-driven distribution model has helped drive desire for Birkins, as well as more broadly fuel Hermès’ business. Saroyan Humphrey/WWD/Getty ImagesThe lawsuit alleges shoppers are required to buy ancillary products (items like scarves, pillows or shoes) before being allowed to purchase a Birkin handbag. Presumably, the plaintiffs could buy a Birkin from The RealReal even if they can’t from Hermès directly.

Persons: —, Birkin, Hermès, Kelly, aren’t, Alex Tai, ”, snagging, Erwan, Haffner, Saroyan Humphrey, WWD, ’ ”, Susan Scafidi, “ It’s, Sebastien Bozon Organizations: The, Fashion, CNN, HSBC, Law, Microsoft, Fashion Law, Fordham University, Getty Locations: Northern California, waitlists, Paris, China, California, Hermès, Allenjoie, France, AFP

☆ It's a strange time for the Fed to cut rates, says T. Rowe Price's Sebastien Page
▼ + stars: | 2024-04-02 | 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 EmailIt's a strange time for the Fed to cut rates, says T. Rowe Price's Sebastien PageSebastien Page, T. Rowe Price head of global multi-asset, joins 'Closing Bell Overtime' to talk the day's market action, what's ahead for the Fed, the state of the U.S. economy and more.

Persons: Rowe Price's Sebastien Page Sebastien Page, Rowe Price Organizations: Fed Locations: U.S

☆ A global gold rush for buried hydrogen is underway — as hype builds over its clean energy potential
▼ + stars: | 2024-03-26 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Geologic hydrogen, sometimes referred to as white, gold or natural hydrogen, refers to hydrogen gas that is found in its natural form beneath Earth's surface. Last year, researchers found what may be the world's largest geologic hydrogen deposit to date in France's eastern Lorraine region. The unexpected discovery further boosted interest in its clean energy potential. Some have expressed skepticism about the clean energy potential of natural hydrogen. Grey hydrogen — produced using natural gas and the most common form of hydrogen production — leads to large greenhouse gas emissions.

Persons: Alex Halada, Le, Canada's Hydroma, Ousmane Makaveli, Geoffrey Ellis, Ellis, we've, Minh, Energy's Le, Ana Maria Jaller, Makarewicz, Sebastien Salom Organizations: Geological Agency of, Ministry of Energy, Mineral Resources, Nurphoto, Afp, Getty, Research, Rystad Energy, CNBC, Energy Resources Program, . Geological Survey, U.S . Department of Energy, Institute for Energy Economics, videoconference, Carbon Trust Locations: Pute Jaya, Morowali Regency, Central Sulawesi Province, Indonesia, U.S, Canada, Australia, France, Spain, Colombia, South Korea, Gampern, Upper Austria, Mali's, Bamako, Malian, Bourakébougou, France's, Lorraine, Niger, Mali, gomis

☆ A traditional Russian ally snubbed Moscow's latest fighter jets for competitors from Pakistan and Turkey
▼ + stars: | 2024-03-06 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Azerbaijan's biggest arms supplier has been Russia but it will likely acquire jets from elsewhere. AdvertisementThe small, oil-rich South Caucasus country of Azerbaijan has big plans to upgrade its modest fleet of fighter jets over the next decade. However, rather than turn to Russia, its traditional arms supplier for decades, Baku will likely acquire modern fighters from Pakistan and Turkey. "Neither Russia nor Western democracies are ideal suppliers, even though Russia has historically sold arms to Azerbaijan," Roblin told Insider. Turkey provided training and arms that enabled Azerbaijan to defeat Armenia's armed forces in the 2020 war over the Nagorno-Karabakh enclave.

Persons: —, Frederico Borsari, Borsari, Sebastien Roblin, Roblin, Armenia's, Sukhoi Su, Tatyana Makeyeva Azerbaijan's, China's, Armenian Su Organizations: Service, Thunder, Turkey's TF, Center for, Business, Azerbaijan, Russian, Pakistan Aeronautical, Chengdu Aircraft Corporation, REUTERS, Armenia, Azerbaijan's MiG Locations: Russia, Moscow, Caucasus, Azerbaijan, Baku, Pakistan, Turkey, Pakistani, Ukraine, China, Armenia, Ankara, Nagorno, Karabakh, Zhukovsky, Soviet

☆ Nuclear War: The Rising Risk, and How We Stop It - The New York Times
▼ + stars: | 2024-03-04 | by ( W.J. Hennigan | W.J. Hennigan Writes About National Security For Opinion. | ) www.nytimes.com time to read: +6 min

The United States estimates Russia has a stockpile of up to 2,000 tactical nuclear warheads, some small enough they fit in an artillery shell. But the detonation of any tactical nuclear weapon would be an unprecedented test of the dogma of deterrence, a theory that has underwritten America’s military policy for the past 70 years. Possessing nuclear weapons isn’t about winning a nuclear war, the theory goes; it’s about preventing one. If Mr. Putin dropped a nuclear weapon on Ukraine — a nonnuclear nation that’s not covered by anyone’s nuclear umbrella — what then? Many in the administration believed the Kremlin’s dirty bomb ploy posed the greatest risk of nuclear war since the 1962 Cuban missile crisis.

Persons: Putin, Sergei Shoigu, Lloyd Austin, Russia Sergei Shoigu, Britain Ben Wallace, Defense Turkey Hulusi Akar, Sebastien Lecornu, General Austin, Mark Milley, Biden, Putin’s, William J, Burns Organizations: United, of American, NATO, Defense, State, Defense Turkey, National Defense, Defense Minister American, Russian, Biden, Joint Chiefs, Staff, Moscow, White House, State Department, The Energy Department, Strategic Command, ’, Pentagon, Unmute Defense, Central Intelligence Agency Locations: Washington, Ukraine, Russia, United States, Kharkiv, Kherson, Russian, U.S, Crimean, Moscow, Poland, China, India, Turkey

☆ Watch CNBC’s full interview with Ritholtz's Josh Brown and T. Rowe Price’s Sebastien Page
▼ + stars: | 2024-02-14 | 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 EmailWatch CNBC’s full interview with Ritholtz's Josh Brown and T. Rowe Price’s Sebastien PageRitholtz Wealth's Josh Brown and T. Rowe Price’s Sebastien Page, join 'Closing Bell' to discuss if the market response to the CPI report was a blow to the bulls of a market overreaction.

Persons: Ritholtz's Josh Brown, Rowe Price’s Sebastien Page Ritholtz, Josh Brown, Rowe Price’s Sebastien Page

☆ Sébastien Haller: After recovering from testicular cancer, Ivory Coast striker scores winner in AFCON final
▼ + stars: | 2024-02-12 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

In the quarterfinals against Mali, Ivory Coast pulled off yet another great escape, once again scoring a last-minute equalizer before grabbing a winner in extra-time. The team’s uncanny ability to come back from the brink had earned them the nickname ‘Zombie Elephants’ and Ivory Coast lived up to its moniker again in the final. After Nigeria had taken a first-half lead through William Troost-Ekong’s header, the host nation fought its way back into the match. Cheered on from the stands by legendary striker Didier Drogba, Ivory Coast equalized just after the hour mark through Franck Kessié. Former Arsenal manager Arsène Wenger and FIFA President Gianni Infantino also watched as Ivory Coast claimed its third AFCON title.

Persons: Sébastien Haller, Ouattara, Haller, Les Éléphants, Coast, Jean, Louis Gasset, Emerse Faé, –, Themba, Faé, William Troost, Didier Drogba, Franck Kessié, Simon Adingra’s, “, Ivory Coast’s Adingra, ” Drogba, Arsène Wenger, Gianni Infantino Organizations: CNN, Ivory, Africa, of Nations, German, Borussia Dortmund, Dortmund, Cancer, Senegal, Mali, Ivory Coast, Congo, Reuters, Arsenal, FIFA Locations: Ivory Coast, Nigeria, Equatorial Guinea, Ivory

☆ Host nation Ivory Coast continues miraculous run to AFCON final to set up a matchup against Nigeria
▼ + stars: | 2024-02-11 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +5 min

The host nation is seeking its third AFCON title, while Nigeria is looking to lift the trophy for the fourth time. ET on Sunday and will take place at the Alassane Ouattara Stadium in Abidjan, Ivory Coast. Ivory Coast midfielder Ibrahim Sangare (L) fights for the ball with DR Congo's Simon Banza. Against Mali, Ivory Coast pulled off yet another great escape, grabbing a last-minute equalizer. Nigeria goalkeeper Stanley Nwabali made two saves and striker Kelechi Iheanacho netted the deciding penalty to send Nigeria into the final.

Persons: Ouattara, Ivory, Les Éléphants, Jean, Louis Gasset, Emerse Faé, Ibrahim Sangare, DR Congo's Simon Banza, Franck Fife, Faé, Franck Kessié, Simon Adingra, Sébastien Haller, Ivory Coast's, Sia Kambou, William Troost, Ekong, Victor Osimhen, Osimhen, Percy Tau, Teboho Mokoena, Issouf Sanogo, Grant Kekana, Stanley Nwabali, Kelechi Iheanacho Organizations: CNN, Africa, of Nations, beIN Sports USA, DR Congo, Guinea, Equatorial, Coast, Ivory, DR Congo's, Getty, Senegal, Against, Ivory Coast, Nigeria, Super Eagles, South Africa Locations: Ivory Coast, Nigeria, Ivory, Abidjan, South Africa, Bissau, Equatorial Guinea, AFP, Against Mali, Europe, AFCON, Cameroon, Angola, Africa

☆ Farmers’ protests have erupted across Europe. Here’s why
▼ + stars: | 2024-02-03 | by ( Sophie Tanno | Chris Liakos | ) edition.cnn.com time to read: +10 min

This week, the farmers’ protests struck at the heart of the European Union, when they rolled into Brussels on Thursday as leaders held a major summit on Ukraine. The EU has waived quotas and duties on Ukrainian imports in light of Russia’s invasion of Ukraine. “In Germany, it was really focused on diesel, so starting to tax diesel for tractors. France this week announced a series of measures for farmers in light of the protests. This has already been seen in Germany, when the far-right Alternative for Germany (AfD) involved itself in the protests and expressed solidarity with the farmers.

Persons: ”, Sebastien Bozon, Kay Nietfeld, Hugo Auge, Chancellor Olaf Scholz’s, Dimitar Dilkoff, Emmanuel Mathé, “, we’re, Anger, Renaud Foucart, Sakis Mitrolidis, Stefano Guidi, Gabriel Attal, Attal, Ursula von Der Leyen, Rob Engelaar Organizations: CNN — Farmers, CNN, European Union, Toulouse, BFMTV, Getty Images Farmers, AP, Farmers, Getty, ” Farmers, EU, Lancaster University, Deal, Green, European Commission, French, Farmer, Citizen Locations: Europe, Paris, France, Italy, Spain, Romania, Poland, Greece, Germany, Portugal, Netherlands, Eastern Europe, EU, Brussels, Ukraine, Zandvliet, Meer, Lyon, Vesoul, AFP, Berlin, Thessaloniki, Spanish, Hamburg, Cologne, Bremen, Nuremberg, Munich, Eastern, Bulgaria, Yvelines, French, Noisy, Seine et Marne, England, Novara, Belgium, Arendonk, Dutch

☆ Inflation coming down too fast could hurt earnings, says T. Rowe Price's Sebastien Page
▼ + stars: | 2024-01-30 | 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 EmailInflation coming down too fast could hurt earnings, says T. Rowe Price's Sebastien PageSebastien Page, T. Rowe Price, joins 'Closing Bell' to discuss whether that the stock market has more risk to the upside.

Persons: Rowe Price's Sebastien Page Sebastien Page, Rowe Price

In the 1960s, immigration laws were reformed again, ushering in waves of immigration from Asia because the U.S. needed people to work at unfilled jobs. So, how do other countries, including Canada and Germany, respond to migrants crossing their borders without a visa or proper documentation? Germany, for example, has been wrestling with increases in undocumented immigration. Italy, which is also battling a huge influx of undocumented migrants from North Africa, recently doubled the amount of time that it can detain undocumented migrants, rising from three months to at least six months. They also direct the European Union to give money to countries that allow more asylum seekers to stay in those countries.

Persons: Tara Sonenshine, Olaf Scholz, Sebastien St, Jean, Eric Adams, Adams, Edward R, Murrow Organizations: Underwood, Underwood Archives Immigrants, Union, European Union, Getty, New, Diplomacy, Tufts University Locations: United States, Mexico, U.S, Ellis, Europe, Asia, Canada, Germany, Ukraine, Italy, North Africa, Albania, Greece, Syria, Pakistan, Quebec, New York, Chicago

The Spaniard is starting the season unbothered and ready to chase a third IndyCar championship with Chip Ganassi Racing. Midway through his second season, Ganassi said he'd picked up the option on Palou's contract for 2023. McLaren is now suing for an exorbitant figure Palou certainly can't afford, and Palou in his legal response admitted to breach of his McLaren contract in a bid for the legal wrangling to focus only on actual damages Palou owes McLaren. So he sat before AP smiling and totally unbothered by this nearly two-year Ganassi and McLaren tug-of-war over his employment. "Pato can wait for someone to get hurt.”Since Palou's change of mind, McLaren has named Pato O'Ward, their 24-year-old IndyCar driver, as the F1 reserve.

Persons: — Alex Palou, Chip Ganassi’s, McLaren, Chip Ganassi, Lucia, Sebastien Bourdais, Renger van der, Scott Dixon, Palou, Ganassi, ” Palou, it's, he'd, Arrow McLaren, ”, he’d, wasn't, “, Pato, Pato O'Ward, He's, We’ll, we’ll Organizations: DAYTONA, IndyCar, Daytona, IMSA, Ganassi, Associated Press, Midway, Arrow McLaren Racing, Formula, McLaren, AP, Indy Locations: Fla, United States, Formula

☆ Amazon's AWS to invest $15 billion to expand cloud computing in Japan
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: 1 min

An US giant Amazon employee passes by its logo on the opening day of the new distribution center in Augny, eastern France, on September 23, 2021. (Photo by SEBASTIEN BOZON / AFP) (Photo by SEBASTIEN BOZON/AFP via Getty Images)Amazon Web Services, or AWS, said on Friday it plans to invest 2.26 trillion yen ($15.24 billion) in Japan by 2027 to expand cloud computing infrastructure that serves as a backbone for artificial technology, or AI, services. The Amazon.com unit is spending to expand facilities in the metropolises of Tokyo and Osaka to meet growing customer demand, it said in a statement.

Persons: SEBASTIEN BOZON Organizations: Amazon, Getty, Web Services Locations: Augny, France, AFP, Japan, Tokyo, Osaka

☆ A 16-year-old tennis prodigy earned $167K and the biggest win of her career, then complained about schoolwork
▼ + stars: | 2024-01-17 | by ( Meredith Cash | ) www.businessinsider.com time to read: +3 min

6 Ons Jabeur early in the 2024 Australian Open. After the second-round win, Andreeva lamented the fact that she still has schoolwork to complete. 6 Ons Jabeur Tuesday in the second round of the 2024 Australian Open women's singles tournament, notching the biggest victory of her young career in convincing fashion. Mirra Andreeva reacts to beating Ons Jabeur at the 2024 Australian Open. 47 — not much has changed for Andreeva in the seven months between Roland-Garros 2023 and this year's Australian Open.

Persons: Andreeva, —, Mirra Andreeva, Melbourne's Rod Laver, Tracey Nearmy, — Andreeva, Mirra, Garros, SEBASTIEN BERDA, France's Diane Parry Organizations: Service, Melbourne's, REUTERS, Andreeva, Roland, Getty, Wimbledon Locations: AFP

☆ Considering a move abroad in 2024? These are the best countries for expats
▼ + stars: | 2024-01-13 | by ( Blane Bachelor | ) edition.cnn.com time to read: +26 min

The survey, which has been running for a decade, reflects input from nearly 12,000 expats representing 177 nationalities in 181 countries or territories. John Coletti/The Image Bank Unreleased/Getty ImagesA longtime retirement destination for Americans, Mexico also has attracted more families and the digital nomad set over the past few years. Pros: Mexico ranked first in InterNations’ 2023 Expat Insider survey and has ranked among the top five countries since 2014. Cons: As is the case in Mexico and other countries with large expat communities, there’s growing backlash against the influx of foreigners, especially Americans, and especially in Lisbon. That popularity among auslanders has contributed to a housing pinch in major cities, especially Berlin, where finding accommodation is one of the most stressful aspects of a move.

Persons: It’s, Megan Frye, Frye, ”, “, We’ve, John Coletti, San Miguel de Allende, margarita, Sean Pavone, expats, Alex Ingrim, Chase, Ingrim, it’s, pollsters, they’re, it’s MVV, Arielle Tucker, that’s, auslanders, Andriy Kravchenko, “ Costa, ” David Lesperance, Costa Rica’s, “ Tico, Sebastien Lecocq, Lesperance, he’s, what’s, Emily, ” Tucker, Roth, Tucker, Carte Organizations: CNN, Invest Overseas, Braga, InterNations, Mexico, National Institute of Statistics, Human Rights Watch, Visa, USA, CNN Travel, ”, Spain, International, Travel Association, pollsters Gallup, Michelin, Changi, Cons, United, Costa Rica Costa, Central, Costa, Lesperance, Associates, Panama Panama, Miami of, Panama City, Panama Qualified Investment, Panama Golden Visa, France France Locations: Valencia, Spain, Portugal, Mazatlán, Mexico, United States, Mexico City, Michigan, Mexico Mexico, Plaza Carso, Polanco, North America, —, Oaxaca, San Miguel, Playa, Carmen, InterNations, Portugal Portugal, Porto, Douro, Europe, Lisbon, Western Europe, Madrid, Barcelona, Seville, Bilbao, Catalonia, Catalan, Netherlands, Amsterdam, Statista, Haarlem, Delft, Leiden, Maastricht, Washington, Miami , New York, San Francisco, Germany Germany, Munich, Germany, Berlin, Frankfurt, Stuttgart, Switzerland, Singapore Singapore, Singapore, Asia, Entre, Costa Rica, “, “ Costa Rica, Costa Rican, Panama City, Miami, Miami of Central America, Panama, North, South America, Italy, Venice, Italian, Paris, France, Lyon, Strasbourg

☆ Philippines, France to Level-Up Defence Ties
▼ + stars: | 2023-12-02 | by ( Dec. | At A.M. | ) www.usnews.com time to read: 1 min

By Mikhail FloresMANILA (Reuters) - The Philippines and France agreed to level-up defence cooperation between the two countries, Philippine defence minister Gilberto Teodoro said on Saturday. Teodoro met his French counterpart Sebastien Lecornu in Manila where he said they are working to get authority from their leaders to begin negotiations for a status of forces agreement. "We intend to take concrete steps to leveling up and making more comprehensive our defense cooperation," Teodoro said in a joint briefingLecornu's Manila visit is the first leg of his trip across the Indo-Pacific which includes stops in Malaysia and the French overseas territory of New Caledonia. France considers itself an Indo-Pacific power, with over 7,000 troops stationed in overseas territories in the Pacific and Indian Ocean. (Reporting by Mikhail Flores; Editing by Lincoln Feast and Edwina Gibbs)

Persons: Mikhail Flores MANILA, Gilberto Teodoro, Teodoro, Sebastien Lecornu, Mikhail Flores, Lincoln, Edwina Gibbs Locations: Philippines, France, Manila, Malaysia, New Caledonia, Pacific, Indian

☆ Philippines, France to level-up defence ties
▼ + stars: | 2023-12-02 | by ( Mikhail Flores | ) www.reuters.com time to read: +1 min

MANILA, Dec 2 (Reuters) - The Philippines and France agreed to level-up defence cooperation between the two countries, Philippine defence minister Gilberto Teodoro said on Saturday. Teodoro met his French counterpart Sebastien Lecornu in Manila where he said they are working to get authority from their leaders to begin negotiations for a status of forces agreement. "We intend to take concrete steps to leveling up and making more comprehensive our defense cooperation," Teodoro said in a joint briefingLecornu's Manila visit is the first leg of his trip across the Indo-Pacific which includes stops in Malaysia and the French overseas territory of New Caledonia. France considers itself an Indo-Pacific power, with over 7,000 troops stationed in overseas territories in the Pacific and Indian Ocean. Reporting by Mikhail Flores; Editing by Lincoln Feast and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

Persons: Gilberto Teodoro, Teodoro, Sebastien Lecornu, Mikhail Flores, Lincoln, Edwina Gibbs Organizations: Thomson Locations: MANILA, Philippines, France, Manila, Malaysia, New Caledonia, Pacific, Indian

☆ French ministers head to Indo-Pacific, Australia in diplomatic push
▼ + stars: | 2023-11-30 | by ( John Irish | ) www.reuters.com time to read: +4 min

[1/3] French Foreign Affairs Minister Catherine Colonna and French Defence Minister Sebastien Lecornu leave following the weekly cabinet meeting at the Elysee Palace in Paris, France, November 22, 2023. France, with overseas territories in the Pacific and Indian Ocean and 7,000 troops stationed there, considers itself an Indo-Pacific power. The loss of a major submarine deal with Australia in 2021 forced it rethink its strategy amid ongoing regional tensions with China in the disputed South China Sea. Underscoring those efforts, Defence Minister Sebastien Lecornu will host in the French overseas territory of New Caledonia between Dec. 4-8 the South Pacific Defence Ministers Meeting, the first time it has hosted the format since it was created in 2013. While it has diversified its ties across the Pacific, France has also worked on rebuilding its partnership with Australia.

Persons: Catherine Colonna, Sebastien Lecornu, Sarah Meyssonnier, Ferdinand Marcos, Karen Lerna, Sandra Maler Organizations: Foreign, French Defence, REUTERS, South Pacific, South Pacific Defence Ministers, South, Australia, Canberra, Thomson Locations: Paris, France, Philippines, Malaysia, Australia, PARIS, Pacific, Ocean, China, India, Indonesia, Japan, New Caledonia, Britain, United States, South Korea, Spain, Manila, South China, Kuala Lumpur

☆ Bearish money manager throws in the towel and buys stocks. Here's what changed his mind on the market.
▼ + stars: | 2023-11-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Here's why Page changed his view on the stock market and started buying equities again. That money could serve as fuel for the next stock market rally if yields fall and investors reconsider their cash allocations. "There are $6 trillion dollars in money market funds right now. The equity risk premium is most compressed it's been in 20 years... Cash yields are higher than earnings yields on stocks," Page explained. With the VIX currently at just below 15, there's no sign of any capitulation in the stock market yet.

Persons: Sebastien Page, Rowe Price, Page, —, Now's Organizations: Service, CNBC

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