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☆ 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

☆ Japan and South Korea could coordinate currency intervention, but they may need U.S. support
▼ + stars: | 2024-04-22 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

SeongJoon Cho | Bloomberg via Getty ImagesInvestors have been monitoring for potential intervention in the Japanese yen, but recent comments have triggered discussion about "coordinated intervention" with South Korea. The currency has struggled, slipping past 150, since the Bank of Japan raised rates in March. Following that volatility, the U.S. last week acknowledged Japan and South Korea's "serious concerns" over the recent sharp depreciation in their currencies. The comments spurred chatter about possible coordinated currency intervention. Brady said South Korea and Japan could amplify their individual messages to the market by coordinating policy, which might also enhance the short-term impact compared to unilateral action.

Persons: SeongJoon Cho, James Brady, Brady Organizations: Korean, Woori, Bloomberg, Getty, U.S ., Bank of, South Korean, greenback, Authorities, Treasury, Bank of Japan Locations: Seoul, South Korea, Bank of Japan, U.S, Japan, South, Tokyo, Bank of Korea

☆ It's too early to write off Turkey's Erdogan, consultancy says
▼ + 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 too early to write off Turkey's Erdogan, consultancy saysWolfango Piccoli, co-president, political risk advisory at Teneo, discusses Turkey's opposition victory across several major cities in the country's local elections Sunday, which dealt a severe blow to President Recep Tayyip Erdogan's ruling party.

Persons: Turkey's Erdogan, Wolfango Piccoli, Recep Tayyip Erdogan's

☆ Russia claimed the West, Kyiv ordered the Moscow terror attack. Now it has the problem of proving it
▼ + stars: | 2024-03-27 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Russian President Vladimir Putin at an expanded Prosecutor General's Office meeting on March 26, 2024, in Moscow. An investigation into the attack is ongoing, but the latest, outlandish accusations give Moscow a problem: It now has to find the evidence to back up its unsubstantiated claims. What's particularly awkward for the Kremlin is that the Islamic State militant group has already claimed responsibility for the attack. Ukraine denies any involvement in the attack, saying it was "absolutely predictable" that Moscow would look to blame it. The White House said Ukraine had "no involvement whatsoever" in the attack and that any claim to the contrary was "Kremlin propaganda."

Persons: Vladimir Putin, It's, Andrius, Putin, David Cameron, concertgoers, Alexander Bortnikov, Nikolai Patrushev, Sergei Karpukhin, Nikolai Patrushev —, —, Patrushev, Maria Zakharova, Dmitry Peskov, Peskov, Moscow, Margarita Simonyan, Putin's, Alexander Lukashenko, Rachabalizoda, Barotovich, Muhammadsobir, Shamsidin Fariduni, Tatyana Makeyevaolga Maltseva, Max Hess Organizations: General's, Getty, Ukraine, Crocus City Hall, Islamic State, West, Kremlin, Russia's Federal Security Service, Russian Security, AFP, Security, Islamic, RIA Novosti, Russian Foreign, U.S, Kremlin's, CNBC Wednesday, Institute for, Afp, Analysts, Foreign Policy Research Institute, CNBC, CIA Locations: Moscow, Russia, Ukraine, Crocus, Kyrgyzstan, Tajikistan, Ukrainian, Europe, Russian, U.S, Kyiv, Belarusian, Belarus, Basmanny, Soviet Union

☆ Putin expected to use deadly Moscow attack to Russia's advantage, whoever's to blame
▼ + stars: | 2024-03-25 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

U.S. officials and defense experts agreed that it's highly likely that IS was responsible for the attack. President Volodymyr Zelenskyy said Saturday that "what happened yesterday in Moscow is obviously just Putin and the other scum trying to blame it on someone else." Moscow openly rebuffed and ignored a warning from the U.S. earlier in March that "extremists" had "imminent plants" to attack large gatherings in Moscow. Law enforcement officers stand guard near the Crocus City Hall concert venue following a reported shooting incident, near Moscow, Russia. Just days before the attack, Putin instructed Russia's security services to focus their efforts on supporting Russia's "special military operation" in Ukraine.

Persons: Vladimir Putin, Mikhail Metzel, Vladimir Putin's, Olga Maltseva, hasn't, Ukraine —, Putin, Ali Cura, Dmitry Medvedev, Medvedev, Volodymyr Zelenskyy, Maksim Blinov, Maximilian Hess, Hess, Putin's, Tatyana Makeyeva Organizations: Sputnik, Afp, Getty, Hall, Islamic State, Ukraine, West, Crocus City Hall, Anadolu, Russia's Security, NBC News, Foreign Policy Research Institute, CNBC, Islamic Locations: Russian, Moscow, Russia, Crocus, Ukraine, Kyiv, Europe, Basmanny, U.S, Chechen, Islamic State, Syria, Afghanistan

☆ War, reforms and a possible successor? Here's what we could see from 6 more years of Putin
▼ + stars: | 2024-03-19 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Analysts share their views on what we can expect now that Putin has strengthened his grip on power, with the Ukraine war, domestic economic reforms and a possible government reshuffle key factors to watch. Having cleared more of a procedural hurdle than a real test of his policies and popularity in the election, Putin will have more freedom to advance contentious reforms at home, analysts note. Russian President Vladimir Putin delivering an annual address to the Federal Assembly of the Russian Federation, at Moscow's Gostiny Dvor, in Moscow on Feb. 29, 2024. MOSCOW, RUSSIA - JANUARY 8: (RUSSIA OUT) A woman eats hot corn while walking along the Red Square near the Kremlin, as air temperatures dropped to -18 degrees Celcius, January,8 2024, in Moscow, Russia. However, with the dynamics of the war now shifting in Russia's favor, Putin might feel more confident with the reshuffle.

Persons: Vladimir Putin, Natalia Kolesnikova, Vladimir Putin's, Putin, embolden Putin, Liam Peach, Jose Colon, Anton Siluanov, Tursa, Adeline Van Houtte, Donald Trump, Dmitry Peskov, Peach, he's, Sergei Shoigu, Sergei Lavrov, Mikhail Mishustin, Dmitry Medvedev, Gavriil Organizations: Afp, Getty, Kremlin, Commission, Analysts, U.S, Capital Economics, Anadolu, Anadolu Agency, Economist Intelligence Unit, Federal Assembly, Russian Federation, New, Putin, Security Council, Sputnik Locations: Crimea, Red, Moscow, Russia, Russian, Central, Ukraine, Bakhmut, Donetsk Oblast, Eastern Europe, Europe, U.S, Russia's, MOSCOW, RUSSIA

☆ Russians vote in an election that Putin will win, but the Kremlin is looking for a landslide victory
▼ + stars: | 2024-03-15 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Mikhail Svetlov/Getty ImagesThere are no surprises over who will win Russia's presidential election this coming weekend with incumbent, Vladimir Putin, set to win a fifth term in office, keeping him in power until at least 2030. The heavily stage-managed vote taking place from Friday to Sunday is not expected to throw up any nasty surprises for the Kremlin which told CNBC months ago that it was confident Putin would win the vote comfortably. That's particularly the case in a country where Russian opposition figures are not represented on the ballot paper or in mainstream politics, with most activists having fled the country. "According to official data, Putin received 77.5% of valid votes in the 2018 presidential election that saw a turnout of 67.5%. Russian opposition activists, most in self-imposed exile in order to evade arrest, imprisonment or attack, have also condemned the election.

Persons: Vladimir Putin, Mikhail Svetlov, Putin, That's, Alexei Navalny, there's, Vladislav Davankov, Leonid Slutsky, Nikolay Kharitonov, Russia's, Yekaterina Duntsova, Boris Nadezhdin, Andrei Kolesnikov, —, Diego Herrera Carcedo, Andreas Tursa, Russian Federation's, Yulia Navalnaya, Dmitrii, we're Organizations: Kremlin, CNBC, New People, Liberal Democratic Party, Communist Party, Russia's, Commission, Levada, Carnegie Russia Eurasia Center, Anadolu Agency, Getty, Putin, Teneo, Russian Democratic Society, Festival Locations: Kremlin, Ukraine, Russia, Klishchiivka, Donetsk Oblast, Europe, Kyiv, Crimea, Zaporizhzhia, Kherson, Donetsk, Luhansk, Russian, London, Sirius, Sochi, Stavropolsky Krai, Krasnodar Krai

☆ West closely watching Putin's next move after breakaway region asks Moscow to 'protect' it from Moldova
▼ + stars: | 2024-02-29 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Russian President Vladimir Putin during a meeting with his confidants for the 2024 election at Gostiny Dvor in Moscow, Russia, on Jan. 31, 2024. Maxim Shemetov | ReutersSpeculation is mounting that Russian President Vladimir Putin will use his annual address to Russian lawmakers Thursday to announce that Russian troops will be sent to "protect" the pro-Russian, breakaway region of Transnistria in Moldova. Officials in the separatist region appealed to Russia on Wednesday for "protection" against Moldova's pro-Western government. "We keep a close eye and reiterate that the Transnistrian region is aligned with the goal of peace and security of Moldova. A map of Moldova, including the breakaway region of Transnistria.

Persons: Vladimir Putin, Maxim Shemetov, —, Putin, Moldova's, Daniel Voda, Matthew Miller, Tursa, Russia's, Ivana Stradner, Daniel Mihailescu Organizations: Gostiny Dvor, Reuters, Moldova's, Russia's Foreign, RIA Novosti, Analysts, Federal, U.S . State Department, EU, Getty Russia, United Nations, Defense, Democracies, CNBC, Kremlin, Russian Federation, Institute for, Afp, Getty Locations: Moscow, Russia, Transnistria, Moldova, Soviet Union, Europe, Pridnestrovie, Moldavian Republic, Transnistrian, Ukraine, Donetsk, Luhansk, Russian, South Ossetia, Abkhazia, Georgia, Washington, U.S, Kherson, Mykolaiv, Odesa, Chisinau

☆ China doubles down on national security, expanding its state secrets law
▼ + stars: | 2024-02-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Edgar Su | ReutersBEIJING — China is beefing up national security measures by expanding its protections of state secrets to include a broad category of "work secrets." The new rules, set to take effect May 1, describe how precautions taken for state secrets should also apply to unclassified information known as work secrets. "There is a risk that individual departments will overzealously identify matters as 'work secrets,'" Daum said. He also founded the website China Law Translate, which published an unofficial English translation of the new rules. Growing national security concernsThe updated state secrets law comes as Beijing and Washington increasingly cite national security risks when announcing new restrictions for business.

Persons: Edgar Su, Xi Jinping, Jeremy Daum, Yale Law School's Paul Tsai, Daum, Jeremy Daum Yale Law School's Paul Tsai, Gabriel Wildau Organizations: of, Initiative, Reuters, Yale Law, Yale Law School's Paul Tsai China Center, China, Jeremy Daum Yale Law, Jeremy Daum Yale Law School's Paul Tsai China Locations: Beijing, China, Reuters BEIJING, Washington

☆ US lawmakers question the loyalties of McKinsey and other big American consulting firms over their work in Saudi Arabia
▼ + stars: | 2024-02-08 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

American consulting shops like McKinsey & Co., BCG, Teneo, and M. Klein & Co. are helping Saudi Arabia diversify its oil-dependent economy through its lucrative Public Investment Fund. This story is available exclusively to Business Insider subscribers. Saudi Arabia, though, has imposed strict rules on what information the American consulting companies can share with the US government, and that's irked some American lawmakers. AdvertisementSo much so that Congress forced the heads of McKinsey, BCG, Teneo, and M. Klein & Co. to testify this week about their failure to comply with subpoenas regarding their firms' work with Saudi Arabia . BCG, Teneo, and M. Klein & Co. did not respond to a request for comment from Business Insider.

Persons: —, Cristiano Ronaldo, Sen, Richard Blumenthal, Bob Sternfels, Rich Lesser, Blumenthal, Michael Klein Organizations: Service, McKinsey & Co, Klein, Co, Public Investment Fund, Business, Saudi, Al, McKinsey, Investigations Locations: Saudi Arabia, United States, Saudi

☆ Taiwan faces economic uncertainty as tensions with China are set to rise after DPP victory
▼ + stars: | 2024-01-24 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +4 min

watch nowAmundi warned a possible temporary economic blockade of Taiwan could alarm the markets. Political status quo, economic worriesChina has dismissed the outcome of Taiwan's elections, saying the DPP does not represent the mainstream public opinion. On Jan. 13, Taiwan delivered an unprecedented third presidential term to the ruling DPP's Lai, considered a China skeptic. Loss of legislature to temper DPP stanceThe DPP won the presidency, but it lost its majority in the the Legislative Yuan — Taiwan's parliament. Teneo's Wildau said Beijing was likely to continue refusing official dialogues with the DPP presidential administration, but could pursue conversations with KMT leaders.

Persons: Managment, Alicia Garcia Herrero, Nataxis, Gabriel Wildau, Teneo, Lai Ching, DPP's Lai, Wildau, Lai, Tsai, Mr Lai's, Yuan —, Yuan, Herrero, Teneo's Wildau Organizations: Bloomberg, Getty, Democratic Progressive Party, Taiwan, Asia, DPP, Economist Intelligence Unit, KMT, Taiwan People's Party Locations: Taipei, Taiwan, China, Beijing

☆ Taiwan's new president will face a divided parliament. Here's why it matters
▼ + stars: | 2024-01-15 | by ( Clement Tan | ) www.cnbc.com time to read: +6 min

A kid runs across the flag of Taiwan banner during the announcement of official results on January 13, 2024 in Taipei, Taiwan. While Lai won the presidential election on Saturday with 40% of the popular vote, his DPP lost 10 seats in Taiwan's parliament from its previous 61, giving up its majority. Taiwan's president- and vice president-elect from the Democratic Progressive Party Lai Ching-te and Hsiao Bi-khim standing along several party's heavyweight on the central stage in Taipei on Janauary 13, 2024 to celebrate victory in Taiwan's 8th presidential election. The Chinese Communist Party has refused to engage with outgoing President Tsai Ing-wen since she assumed office in 2016. Supporters attend the Taiwan People's Party (TPP) campaign rally on January 12, 2024 in Taipei, Taiwan.

Persons: Sawayasu Tsuji, Lai Ching, Han Kuo, rancor, —, Lai, Timothy S, Rich, Sara Newland, TPP, Tsai, Gabriel Wildau, Democratic Progressive Party Lai Ching, Hsiao, Alberto Buzzola, Tsai Ing, Ting Yen Franklin Organizations: Getty, TAIPEI —, Taiwan People's Party, Democratic Progressive Party, Beijing Kuomintang, Kuomintang, KMT, TPP, Rich Western Kentucky University, Smith College, Lightrocket, Chinese Communist Party, Marshall College China, DPP, Chinese Communist Party officials, Taiwan Straits, Western Kentucky University, Supporters Locations: Taiwan, Taipei, China, Taiwan's, Beijing

☆ 'The Germans find themselves penniless overnight,' analyst says
▼ + stars: | 2023-11-23 | 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 Email'The Germans find themselves penniless overnight,' analyst saysCarsten Nickel, deputy director of research at Teneo, says that's "politically self-inflicted."

Persons: Carsten Nickel, that's

☆ Biden and Xi's meeting sent an important signal for U.S. business in China
▼ + stars: | 2023-11-22 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

U.S. President Joe Biden and Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation summit in Woodside, California, on Nov. 15, 2023. Kevin Lamarque | ReutersBEIJING — U.S. President Joe Biden's meeting with Chinese President Xi Jinping last week has set a bottom line in the relationship which reduces uncertainty for businesses, analysts said. In conversations with Xi, Biden did not budge on export controls, enacted out of national security concerns. Wedding versus marriageAfter meeting Biden, Xi spoke at a dinner with top U.S. business executives in which he said the fundamental question was whether the two countries are "adversaries or partners." No 'splashy deliverables'Long-standing issues for U.S. business operations in China remain, and deals aren't made overnight.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Joe Biden's, Biden, Xi, Wang Dong, Jake Colvin, Gabriel Wildau, interlocutors, Ian Bremmer, Gary Dvorchak, it's, Jin Canrong, Jin, aren't Organizations: Economic Cooperation, Reuters, Reuters BEIJING —, Institute for Global Cooperation, Peking University, D.C, Foreign Trade Council, Summit, U.S, Biden, Eurasia Group, Mastercard, Monday, People's Bank of, Blueshirt Group, School of International Studies, Renmin University of China, Center for American Studies, Max, Boeing Locations: Filoli, Asia, Woodside , California, Reuters BEIJING, Reuters BEIJING — U.S, San Francisco, U.S, China, United States, Washington, Beijing, People's Bank of China, Taiwan

☆ U.S.-China relations are now more about crisis prevention
▼ + stars: | 2023-11-14 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

It will be a rare summit before the U.S. presidential election cycle kicks off in earnest. "The immediate aftermath of the [Biden-Xi] meeting is likely to mark a cyclical high point for bilateral relations," he said. Taiwan is set to hold its presidential election in January, and a more pro-independence winner could stir more of Beijing's ire. Beijing considers Taiwan part of its territory, with no right to independently conduct diplomatic relations. The U.S. recognizes Beijing as the sole government of China but maintains unofficial relations with Taiwan, a democratically self-governed island.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Biden, Michael Hirson, Trump, Xi, Gabriel Wildau, Antony Blinken, Chuck Schumer, Shen Yamei, Shen, Gina Raimondo, Lifeng, Janet Yellen, Teneo, Nancy Pelosi, Teneo's Wildau Organizations: Reuters, U.S, China Research, Research, D.C, Strategic, International, Biden, Republican, Democratic, American Studies, China Institute of International Studies, CNBC, U.S . Commerce, Treasury, U.S . House, Representatives, Economic Cooperation, China's Ministry of Commerce Locations: Bali , Indonesia, Reuters BEIJING, U.S, China, Taiwan, South China, Washington, Beijing, San Francisco, Gaza, Ukraine, Asia

Andre Azevedo Alves, political science professor at Lisbon's Catolica University and St Mary's University in London, said the corruption investigation was a "very strong blow" to any PS ambitions. Analysts agree the PSD is likely to come out on top, but doubt its ability to build enough support to form a stable government. "Assuming the likelihood that the PSD will not have (enough) votes to form a government without Chega... we may go from one political crisis to another," Alves said. Waiting for a bus in central Lisbon, Ana Bernardino, 23, vented her concerns about the political outlook. "It is a political crisis and in my opinion it's a bit frustrating that elections are being held again...I'm a bit afraid."

Persons: Marcelo Rebelo de Sousa, Antonio Costa, illegalities, Costa, Costa's, Intercampus, Andre Azevedo Alves, Andre Ventura, Luis Montenegro, Alves, Antonio Barroso, Ana Bernardino, Maria Ines Ferreira, Catarina Demony, Miguel Pereira, Patricia Rua, Andrei Khalip, Nick Macfie, Angus MacSwan Organizations: Socialist Party, Social Democrats, Lisbon's Catolica University, St Mary's University, PSD, Chega, Liberal Initiative, CDS, Thomson Locations: Belem, LISBON, Portugal, London, Lisbon, Europe

The top appeals court, or Yargitay, took the unprecedented step of making a criminal complaint against Constitutional Court judges on Wednesday, arguing that their ruling last month in favour of releasing Atalay was unconstitutional. "The Court of Cassation (Yargitay) has committed a crime by not recognising the Constitutional Court decision. He called for compliance with the Constitutional Court ruling and said the Yargitay appeals court judges should be put under investigation. The Istanbul Bar Association said on Thursday it had filed a criminal complaint against the Yargitay judges involved in the case on the grounds of misconduct and "depriving a person of liberty". Rule of law, predictability and trust are fundamental for investors and Turkey’s record in this front was and still is miserable."

Persons: Erkan, Sera Kadigil, Ahmet Sik, Umit, Osman, Tayyip Erdogan, Ozgur Urfa, Erdogan, Mehmet Ucum, Mehmet Simsek, Central Bank Governor Hafize Gaye Erkan, Wolfango Piccoli, Daren Butler, Alex Richardson Organizations: Workers ' Party of Turkey, Turkish, REUTERS, Rights, Constitutional, Cassation, Twitter, Istanbul Bar Association, Central Bank Governor, Ece, Thomson Locations: Ankara, Turkey, Rights ANKARA, Istanbul

Timing is everything," said political scientist Antonio Costa Pinto. By law, an election needs to be held within 60 days of the publishing of the presidential decree dissolving parliament. The PSD is still reeling from defeat in a January 2022 election that caused a leadership change. The 74-year-old former law lecturer and political commentator has used his constitutional power to disband parliament once before, in November 2021. Unlike now, Costa's government then had no parliamentary majority and had just had its budget rejected.

Persons: Marcelo Rebelo de Sousa, Antonio Costa, illegalities, Costa, Antonio Costa Pinto, Ines de Sousa Real, Rebelo de Sousa, Antonio Barroso, Luis Montenegro, Pedro Nuno Santos, Andre Ventura, Patricia Rua, Aislinn Laing, Nick Macfie Organizations: Socialist, Socialist Party, Nature, Social Democratic Party, TAP, Thomson Locations: LISBON, Portuguese, Montenegro

☆ 'They're running out of time': Ukraine's counteroffensive is gaining urgency as winter approaches
▼ + stars: | 2023-10-25 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +10 min

"Despite inflicting significant losses on Russian armed forces, Ukraine's four-and-a-half-month-old counteroffensive has not achieved major territorial gains nor managed to slice through Russia's 'land bridge' to Crimea," he added. "The hope is that they're far enough through the Russian defensive lines now ... to make some rapid progress. Russian forces had months to prepare layers of defenses including extensive networks of trenches; anti-tank obstacles such as ditches and "dragon's teeth"; and minefields. Russian forces are also receiving support from artillery, attack helicopters and other aircraft, again impeding Ukraine's forces. Minefields, in particular, have disrupted Ukraine's offensive momentum and rate of advance, according to analysts at the Center for Strategic and International Studies (CSIS).

Persons: Roman Pilipey, Tursa, Yevhen, they're, Michael Clarke, John Moore, they'll, Ukraine hasn't, Clarke, Orikhiv, They'll, that's, Seth Jones, Riley McCabe, Alexander Palmer, Ukraine's, Joe Biden, Volodymyr Zelenskyy, Kevin Lamarque Organizations: AFP, Getty, Russian, L119, Armed Forces, Anadolu Agency, Royal United Services Institute, CNBC, Ukraine's Defense Ministry, Ukraine, Planet Labs PBC, Handout, Reuters, Center for Strategic, International Studies, CSIS, Ukrainian, 35th Marine Brigade, Hamas Locations: Kostyantynivka, Donetsk, East, Ukraine, Russian, Russia, Luhansk, Crimean, Kherson, Central, Eastern Europe, Crimea, Marinka, Krasnohorivka, British, Bakhmut, Dnipro, Robotyne, Zaporizhzhia, Tokmak, Melitopol, Sevastopol, Moscow, Kyiv, Ukrainian, U.S, Israel

☆ China's crackdown on Foxconn, one of Apple's biggest suppliers, shows Beijing is willing to sacrifice its economy for political power
▼ + stars: | 2023-10-25 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

China has launched investigations into Taiwan's Foxconn over its land use in mainland China. AdvertisementAdvertisementEven Foxconn, China's largest private-sector employer, isn't immune from Beijing's whims. Foxconn, also known as Hon Hai Precision Industry, is a huge contributor to China's employment and economic growth. Given how important Foxconn is to China's economy, it's a sign that Beijing is willing to make some sacrifices in its economy for political reasons, Liu said. China's economy is in tattersChina's economy has struggled to recover after nearly three years of on-off COVID-19 lockdowns.

Persons: —, Terry Gou, Foxconn, William Lai, KMT's Hou Yu, Ko Wen, Anna Ashton, Lai, China —, Gabriel Wildau, Zhu Fenglian, Dongshu Liu, Liu, they've, Insider's Linette Lopez, Xi, Lee Miller, Lopez, Liu Pengyu Organizations: Service, Hai Precision Industry, Apple, Democratic Progressive Party, ih, Taiwan People's Party, Eurasia Group, Gzero Media, KMT, Teneo Holdings, Bloomberg, Foxconn, Taiwan Affairs Office, City University of Hong, WPP, DC Locations: China, Beijing, Taiwan —, Taiwan, Taipei, New York, City University of Hong Kong, tatters, Washington, Foxconn

☆ Ukraine ally Poland is moving to the political center. And that's bad news for Russia's Putin
▼ + stars: | 2023-10-20 | by ( Jenni Reid | ) www.cnbc.com time to read: +6 min

It has taken in more than a million refugees from its close ally Ukraine since the start of the war, with many more millions passing through it. Its relations with Ukraine have soured in recent months, partly because of a dispute over the impact of Ukrainian grain imports on local farmers. Tian also expects the result to "reposition Poland as a staunch supporter of Ukraine" and for Tusk to push for EU accession for Ukraine. "The big thing to bear in mind when looking at Poland and Ukraine is they have an overarching strategic common interest [challenging Russian aggression], and this supersedes everything. So it will be difficult to restore relations to how they were in the first 18 months of the war, regardless of what Poland does."

Persons: Donald Tusk, Donald Tusk —, —, Jaroslaw Kaczynski, Tusk, Tian, Aleks Szczerbiak, Szczerbiak Organizations: Civic, Getty, EU, Justice, CNBC, NATO, World Trade Organization, Law, Nurphoto, European, Economist Intelligence Unit, University of Sussex, Confederation, Soviet, Russia Locations: Warsaw, Moscow, Ukraine, Europe, Russia, China, India, Poland, Warsaw's, Krakow, Central Europe, Hungary, Slovakia, Berlin

Palestinian officials said the blast at Al-Ahli al-Arabi hospital was caused by an Israeli air strike. Israel blamed the blast on a failed rocket launch by the Palestinian Islamic Jihad group, which denied responsibility. Following the NSC's appeal, Israeli airlines arranged flights from Istanbul late on Wednesday for Israelis who want to leave Turkey. Protesters held fresh demonstrations near consulates of Israel and the United States in Istanbul on Wednesday evening. Political analysts said the Gaza hospital blast could have dire consequences for ties between Israel and Turkey.

Persons: Dilara, Israel, Tayyip Erdogan, Erdogan, Mert Ozkan, Huseyin Hayatsever, Daren Butler, Ali Kucukgocmen, Umit Bektas, Mehmet Emin Caliskan, Steven Scheer, Gareth Jones, Sandra Maler Organizations: REUTERS, Rights, Islamic, National Security Council, Istanbul, Police, Protesters, U.S, Embassy, NATO, Ece Toksabay, Bulent Usta, Thomson Locations: Al, Ahli, Gaza, Istanbul, Turkey, Rights ANKARA, Israel, Arabi, Ankara, Police, Turkey's, United States, U.S, Adana, Teneo, Jerusalem

☆ Fury grows in Turkey against Israel, fresh protests planned
▼ + stars: | 2023-10-18 | by ( Ece Toksabay | ) www.reuters.com time to read: +3 min

Palestinian officials said the blast at Al-Ahli al-Arabi hospital was caused by an Israeli air strike. Israel blamed the blast on a failed rocket launch by the Palestinian Islamic Jihad group, which denied responsibility. President Tayyip Erdogan called the blast "the latest example of Israeli attacks devoid of the most basic human values". Following the NSC's appeal, Israeli airlines said they were arranging flights from Istanbul on Wednesday for Israelis who want to leave Turkey. Political analysts said the Gaza hospital blast could have dire consequences for ties between Israel and Turkey.

Persons: Dilara, Israel, Tayyip Erdogan, Erdogan, Mert Ozkan, Huseyin Hayatsever, Daren Butler, Steven Scheer, Gareth Jones Organizations: REUTERS, Rights, Turkish, Islamic, National Security Council, Wednesday, Police, NATO, Ece Toksabay, Bulent Usta, Thomson Locations: Al, Ahli, Gaza, Istanbul, Turkey, Rights ANKARA, Arabi, Israel, Ankara, Police, Turkey's, Teneo, Jerusalem

☆ Russia can gain from Middle East turmoil — but it could backfire if the war spirals out of control
▼ + stars: | 2023-10-13 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Putin likely wanted to show that Moscow is still important in the Middle East by visiting Iran, said John Drennan of the U.S. Institute of Peace. It could present an opportunity for them but also could present a very, very disastrous outcome for their influence in the Middle East too if the conflict spirals out of control," Ramani said. Analysts also believe Russia will use the war in Israel and Gaza to sow disinformation about Ukraine and discord among its allies. As such, the war between Israel and Hamas also provides Russia with an opportunity to flex its diplomatic muscles in the Middle East, after something of a hiatus from the global stage. So this shows that Russia is not isolated in the Middle East, and Russia still maintains the same array of diplomatic partnerships that it had before the war," he noted.

Persons: Vladimir Putin, Ebrahim Raisi, Putin, John Drennan, Sergei Savostyanov, Samuel Ramani, Ramani, Volodymyr Zelenskyy, Joe Biden, Jim Watson, Volodymy Zelenskyy, Sergei Karpukhin, Benjamin Netanyahu, Maxim Shemetov, They've, they've, Bashar al, Assad Organizations: Getty, Palestinian, Hamas, U.S . Institute of Peace, AFP, Royal United Services Institute, CNBC, Kremlin, Ukraine, Analysts, White, U.S, Congress, NATO, Afp, International Energy Agency, Russia, Israeli, Iraqi Locations: Sochi, Russia, Israel, Gaza, Moscow, Iran, Ukraine, Lebanon, Syria, Iraq, U.S, Europe, Washington ,, Brussels, Russian, OPEC, Turkey, Egypt, Tehran

More than half of Chileans, 54% of respondents surveyed before the draft text was completed this week, plan on voting against the new constitution, according to pollster Cadem. The current proposal makes a grammatical change to a constitutional clause which abortion advocates already view as restrictive. But Lagos says this change, combined with another proposal that would define a child as any human being under the age of 18, could clear the way for more restrictive abortion laws. With abortion rights expanding across much of Latin America, the latest being Mexico and Argentina, supporters are worried that a right-wing resurgence in the region, could halt progress or see rights backslide. At a rally commemorating the global day of action for access to safe and legal abortion last week in Santiago, 26-year-old student Isadora Calderón told Reuters she felt abortion rights were being threatened by the current proposals.

Persons: SANTIAGO, pollster, Catalina, Teneo, Gabriel Boric, Antonio Barchiesi, Isadora Calderón, Calderón, Agustina Ramón Michel, Ramón Michel, Natalia Ramos Miranda, Lucinda Elliott, Alexander Villegas, Christian Plumb, Lincoln Organizations: Republican, Reuters, American, Thomson Locations: Catalina Lagos, Lagos, Latin America, Mexico, Argentina, Santiago, Argentine, Chile

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