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Hungarian Prime Minister Viktor Orban delivers his speech at the occasion of Hungary's Revolution and Independence Day outside the Hungarian National Museum on March 15, 2024 in Budapest, Hungary. EU foreign ministers are increasingly frustrated with Hungary's frequent opposition to measures by the bloc that are meant to provide aid to Ukraine and kick start EU accession talks for Kyiv. Lithuania's foreign minister Gabrielius Landsbergis accused Budapest of implementing a "systematic approach towards any efforts by the EU to have any meaningful role in foreign affairs." The Russian-occupied eastern Ukrainian territory of Luhansk came under attack overnight, Russian officials said, causing a fire and drawing emergency services to the scene. A senior Russian diplomat said he suspected the attack was followed by a second shelling of the area by Ukrainian forces.
Persons: Viktor Orban, Gabrielius Landsbergis Organizations: Hungarian National Museum, Kyiv, EU, CNBC Locations: Budapest, Hungary, Ukraine, Luhansk, Russian, Ukrainian
Wu-Tang Clan first announced in March 2014 that it would produce one copy of “Once Upon a Time in Shaolin” to be sold to the highest bidder. The album came in a hand-carved box with a leather-bound book of parchment paper containing lyrics and its backstory. The Wu-Tang Clan originated as a group of rappers from Staten Island, New York in the 1990s. In 2015, notorious “Pharma Bro” Martin Shkreli bagged the album for about $2 million – making it the world’s most expensive music album ever sold at the time. In 2021, the US Justice Department then sold the album without disclosing the buyer.
Persons: CNN —, , Wu, Jarrod Rawlins, , ” Rawlins, Tang, ” Wu, Robert “ RZA ” Diggs, Forbes, RZA, Tang Clan, Bob Berg, Pharma Bro ” Martin Shkreli, Shkreli, Jon Lynn, PleasrDAO Organizations: CNN, Museum, Mona, Tang Clan, Pharma, America ”, Turing Pharmaceuticals, US Justice Department, DoJ, New Art Digital, New York Times Locations: Tang, Tasmania, Staten Island , New York, Shkreli, America
The strike was conducted using two munitions with small warheads suited for this targeted strike. Rear Adm. Daniel Hagari, the Israeli military’s spokesman, insisted that their munitions alone, used in a strike in Rafah, could not have ignited the deadly fire that killed dozens of people at a camp. Those statements, however, did little to quell a chorus of voices demanding accountability and a halt to the fighting, which came amid reports of another deadly strike in nearby Al-Mawasi on Tuesday. Credit... Hatem Khaled/Reuters Still, he gave no indication that the Israeli military’s operation in Rafah would be interrupted. Israeli officials have argued that the ruling allowed it to continue fighting in Rafah because the military would not inflict such conditions.
Persons: Daniel Hagari, , Benjamin Netanyahu, Israel, Mawasi, David Cameron, Admiral Hagari, Hatem Khaled, China “, , , Mao Ning, ” —, Alexandra Stevenson Organizations: Credit, Israel Defense Forces Israel’s, ., Reuters, International Court, Ministry of Foreign Affairs Locations: Blaze, Rafah, Al, Israeli, Gaza, Rafah’s, China, Israel,
Weapons that Taiwan has ordered from the U.S. are coming, a senior U.S. lawmaker said Monday, as a bipartisan House delegation met with the Beijing-claimed island's new president. "We are moving forward on those weapons systems," Rep. Michael McCaul, R-Texas, chairman of the Foreign Affairs Committee, said at a news conference in Taipei after he and other lawmakers met with Taiwanese President Lai Ching-te. McCaul said the weapons' importance was underscored by the "armada" of Chinese ships and planes that engaged in "punishment" drills around Taiwan last week in response to Lai's inauguration speech. In that speech, Lai, the former vice president, called on China to cease its threats and "face the reality" of Taiwan's existence. In translated remarks before his closed-door meeting with the lawmakers, Lai said the delegation's visit "demonstrates your firm support for the new government as well as the people of Taiwan."
Persons: Michael McCaul, Lai Ching, McCaul, Lai Organizations: Foreign Affairs Locations: Taiwan, U.S, Beijing, Texas, Taipei, China
And that was despite Russian space experts recently arriving to guide North Korea's space program, South Korean news agency Yonhap reported a day before the failed launch, citing a senior defense official who was not named. It's unclear exactly how many technicians were sent to North Korea, when they might have arrived, or how they might have advised Pyongyang. Yonhap reported that North Korea's space rockets also likely face issues with their second and third-stage engines. South Korea has for months said that North Korea's sole successful satellite launch of 2023 came off the back of Russian assistance. The US Indo-Pacific Command noted that Pyongyang's Monday launch appeared to use technology related to North Korea's ballistic missile program.
Persons: , Yonhap, Vladimir Putin, it's Organizations: Service, Korea, Business, South Korean, Russian Ministry of Foreign Affairs, Business Insider, North, Pacific Command, United Nations Locations: Korean, North Korea, Pyongyang, Russia, North, Ukraine, Moscow, South Korea, Seoul
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In response, they're pulling out their smartphones as Chipotle employees add chicken al pastor, steak, or another one of their preferred proteins to their order. In the video, Lee samples multiple Chipotle items, including a bowl he ordered with chicken al pastor. "There have been no changes in our portion sizes, and we have reinforced proper portioning with our employees," Chipotle Chief Corporate Affairs and Food Safety Officer Laurie Schalow told Business Insider. Chipotle hasn't given employees instructions on what to do when customers start filming, a spokesperson added.
Persons: , guacamole isn't, influencer Keith Lee, Lee, fajita veggies, Chipotle, Laurie Schalow, Schalow Organizations: Service, Business, Corporate Affairs, Food Locations: Chipotle
Donald Trump on Monday again denied rape and defamation claims against him by writer E. Jean Carroll, nabbing the attention of her lawyer. Kaplan later ruled in the civil defamation case in January that as president Trump defamed Carroll after she accused him in 2019 of rape. Carroll's lawyer Roberta Kaplan swiftly responded to Trump's post, "We have said several times since the last jury verdict in January that all options were on the table. The Biden campaign also responded to Trump's post on X and wrote, "Trump posts Memorial Day message with zero mention of fallen American service members, instead calling those who don't support him "'Human Scum.'" Then continued, "As we said after the last jury verdict, we continue to monitor every statement that Donald Trump makes about our client, E. Jean Carroll."
Persons: Donald Trump, E, Jean Carroll, Lewis Kaplan, Carroll's, Kaplan, Trump, Carroll, Roberta Kaplan, Biden, CNBC's Organizations: U.S, Manhattan Criminal, Monday, Manhattan Locations: New York City, U.S, Manhattan
CNN —US lawmakers vowed to bolster Taiwan’s deterrence against China on Monday during a bipartisan congressional visit to the self-governing democracy just days after Beijing surrounded the island with massive military exercises. US Representative Michael McCaul, Republican-Texas, has vowed to bolster Taiwan's deterrence against China. China’s military drills, he said, were “to express their displeasure with President Lai, a president democratically elected by the people of Taiwan.”But he added they had another objective. The delegation also met with Lai, Taiwan’s new leader, on Monday morning. China responded with a show of military force and later imposed sanctions on McCaul.
Persons: Lai Ching, Michael McCaul, , McCaul, Lai, ” McCaul, China’s, Xi Jinping, Xi, , Mao Ning, Michael Brochstein, Lin Chia, ” “ It’s, ” Lin, Taiwan’s, “ Taiwan’s, ” Lai, Ronald Reagan’s, Tsai Ing, Nancy Pelosi’s Organizations: CNN, China, House Foreign Affairs Committee, Taiwan, US, Party, Republican, Ministry, Taiwan’s Locations: Beijing, China, Taiwan, Taipei, Ukraine, Taiwan Strait, Texas, United States, America, People’s Republic of China
When South Africans vote Wednesday, an unhappy combination of rampant corruption, soaring joblessness, crippling power cuts and feeble economic growth will likely be top of mind. Black South Africans, who make up 81% of the population, are at the sharp end of this dire situation. ‘Elite enrichment’Under apartheid — and colonial rule before that — Black South Africans were violently oppressed and denied many basic human rights. Millions of South Africans still live in such informal settlements. “The poster child of this is the electricity sector.”For much of last year, South Africans were without power for at least some portion of the day.
Persons: , Nelson Mandela’s, , Cyril Ramaphosa, Leon Sadiki, BEE, Moeletsi Mbeki, Thabo Mbeki, White, , Tshediso Matona, Anders Pettersson, Black, , Kganki Matabane, Matthew Parks, Matona, Mbeki, Ricardo Hausmann, Jacob Zuma, Haroon Bhorat, Michele Spatari, ” Bhorat, hasn’t, ANC “, Zuma, Ramaphosa, Cas Coovadia, Hausmann Organizations: Johannesburg CNN, National Congress, ANC, World Bank, Oxford Economics, Harvard University, Democratic Alliance, Bloomberg, Getty, South African Institute of International Affairs, Wits University, CNN, , BBEE, Black Business Council, South African Trade Unions, Harvard’s, University of Cape, South Africa’s Free, International Monetary Fund, Fitch, IMF, JPMorgan, Shell, Unilever, Business, Business Unity, Harvard Growth Locations: London, Johannesburg, Sudan, Africa, Alexandra, South Africa, Leon, Isipingo, KwaZulu, Natal, South, , University of Cape Town, loadshedding, Namahadi, Frankfort, Business Unity South Africa
After China performed two days of military drills intended to punish Taiwan, Representative Michael McCaul of Texas on Monday stood alongside the island nation’s newly elected president, Lai Ching-te, and issued a promise. “The United States must maintain the capacity to resist any resort to force or coercion that would jeopardize the security of the people of Taiwan,” Mr. McCaul, the chairman of the Foreign Affairs Committee, said. “That is what we stand for, and that is what we continue to say.”Mr. McCaul, a Republican, traveled this week to Taipei with a bipartisan delegation of other American lawmakers in an attempt, he said, to show that the U.S. government stood in lock step with Mr. Lai and Taiwan. The trip, which will last through the week, comes at a fraught time: Just days after Mr. Lai was sworn into office and vowed in his inaugural address to defend Taiwan’s sovereignty, China responded by surrounding the self-governing island with naval vessels and military aircraft. Before the lawmakers arrived, the Chinese government had publicly warned them to “seriously abide by the one-China policy” and “not to schedule any congressional visit to Taiwan.”
Persons: Michael McCaul of, Lai Ching, ” Mr, McCaul, Mr, Lai, , Organizations: Foreign Affairs, Republican Locations: China, Taiwan, Michael McCaul of Texas, United States, Taipei, Lai
CNN —House Foreign Affairs Committee Chairman Michael McCaul and a bipartisan delegation of lawmakers arrived in Taiwan on Sunday following the election of the island’s new president and after days of Chinese military drills. The US will continue to stand by our steadfast partner and work to maintain the status quo across the Taiwan Strait. US officials condemned the drills, with the State Department urging the Chinese to “act with restraint.”Two years ago, former House Speaker Nancy Pelosi visited the island, marking the first time a US House speaker had traveled to Taiwan in 25 years. Her visit was met with days of large-scale military drills and warnings of a “severe impact” on US-China relations from the Chinese government. In April 2023, then-House Speaker Kevin McCarthy similarly defied threats from China, presenting a united front with then-President Tsai Ing-wen in a California meeting.
Persons: Michael McCaul, Lai Ching, China’s, Putin, Xi, ” McCaul, Xi Jinping, , Nancy Pelosi, Kevin McCarthy, Tsai Ing, , Antony Blinken Organizations: CNN — House Foreign, Communist Party, US, Taiwan, House Foreign Affairs Committee, ” CNN, State Department Locations: Taiwan, Beijing, Ukraine, Israel, Iran, “ Taiwan, Taiwan Strait, America, Asia, China, California
I don’t know any other record in any other sport that equals that.”Becker points to some of tennis’ greats, himself included, that failed to win the French Open to further highlight the absurdity of Nadal’s record in Paris. So there’s no shame in not winning the French Open,” said the 56-year-old German. Nadal won the first grand slam of his career at the 2005 French Open. Nadal, it goes without saying, is always the darling of the French Open crowd and has enjoyed vociferous support in some of his toughest matches. The French Open was the only grand slam Becker failed to win.
Persons: Rafael Nadal, Roland Garros, Roger Federer, – Nadal, Nadal’s, Clay, , , Boris Becker, ” Becker, Bjorn, Borg, Pete, Sampras, Stefan, Edberg, Becker, , Nadal, Christophe Ena, he’s, “ Clay, Philippe Chatrier Organizations: CNN, partizan, Getty Locations: Paris
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese policies disruptive to the rest of the world: U.S.' ShambaughJay Shambaugh, under secretary of the U.S Treasury for International Affairs, joins CNBC's Charlotte Reed from the G7 Finance Ministers Meeting in Stresa to discuss U.S.-China trade issues.
Persons: Jay Shambaugh, Charlotte Reed Organizations: U.S Treasury, International Affairs, U.S Locations: Stresa, China
I run the YouTube entertainment news channel Funky Dineva, but I started my career as an accountant after graduating in 2005 with an economics degree. I have a creative personality, and I found the routine and confinement of accounting to be painful and unbearable. AdvertisementI had a YouTube channel that I decided to start taking seriouslyI decided that moving forward, I would do what's authentic to me: entertainment. I launched my YouTube channel in December 2010 but didn't start treating it like a job until I was out of accounting. I interviewed members of the cast backstage, and the content was used as digital assets for the brand on its website.
Persons: , Quentin Latham, I'm, Mona Scott Young, I've Organizations: Service, Business, YouTube, Montgomery Riverfront, Kanye, VH1, Atlanta, College, Google Locations: Miami
Phynart Studio | E+ | Getty Images'The conundrum of the housing market'One way to reduce your monthly mortgage payment is to put down more money and borrow less. Nationally, the average down payment on a house is closer to 10% or 15%, Hale said. Even with a conventional loan, buyers' required down payment could be between 3% and 5%, depending on their credit score and other factors. While a lower down payment is one way to "attack affordability challenges," it can be a "mixed bag," Hamrick said. With a lower down payment, you will need to borrow more from your lender, which raises the monthly cost of your mortgage, Hale said.
Persons: Hale, there's, Hamrick Organizations: CNBC, SurveyMonkey, Department of Veterans Affairs, U.S . Department of Agriculture, Federal Housing Administration, PMI Locations: U.S
Today, at a time of turmoil and instability in various parts of the African continent, Kenya is an oasis of relative calm and stability. But it is another matter entirely for an American president to set foot onto African soil in person. Over 90% of its energy comes from renewable sources, and the United States is Kenya’s largest export market. Ruto departs the United States with the new status of “major non-NATO ally” strengthening his administration and providing valuable protection for his country. He is also receiving assurance that the vital African Growth and Opportunity Act, providing African states with duty-free status in the United States, will be extended.
Persons: Joyce M, Davis, Dan Gleiter, William Ruto, Rachel Ruto, Joe Biden, Barack Obama, Biden, , Uhuru Kenyatta —, Ruto, Jill Biden, Kamala Harris —, Ruto’s, , He’ll, Americans — Organizations: Patriot -, World Affairs Council, CNN, Washington, Black, Americans, Biden, White, Criminal Court, United, Kenyan, America, Delta Airlines, Kenya Airways, NATO, Twitter, Facebook, African, voters Locations: Harrisburg , Pennsylvania, Kenya, Nairobi, United States, Kenyan, Africa, America, US, East, Central Africa, China, Russia, Washington, Haiti
Japanese stocks are enjoying a banner year, with foreign investors plowing into the market. Japanese investors are hesitant Japanese investors have long been skeptical of the local stock market after the asset price bubble burst in the early 1990s. Another reason Japanese investors may not be as keen on their domestic market could be the yen falling sharply. Outlook for Japanese stocks still strong Despite the recent bout of selling from local investors and the market's recent struggles, many global investors remain bullish on Japanese stocks. This is another "slow-moving but important tailwind to Japanese stocks," with more room to run, according to Zachary Hill, Horizon Investments head of portfolio management.
Persons: Goldman Sachs, Morgan Stanley, Kishida, Julian McManus, Janus Henderson, Bernstein, Zachary Hill, Raymond Chan, Chan, McManus, he's, Warren Buffett Organizations: Japan Exchange Group, Nikkei, Bank of Japan, U.S ., Ministry of Internal Affairs and Communications, Investment, Association, Prime, Nippon, Savings, U.S, Horizon Investments, Federal Reserve, Asia Pacific, Allianz Global Investors, Mitsui, Itochu, Sumitomo Locations: U.S, Japan, Asia
The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations. "The DOJ's complaint attempts to portray Live Nation and Ticketmaster as the cause of fan frustration with the live entertainment industry. Live Nation and Ticketmaster merged in 2010, creating a dominant entity in the live event industry. Through Ticketmaster, Live Nation controls roughly 80% or more of major concert venues' primary ticketing for concerts, the complaint said. Live Nation earlier this month reported its "biggest Q1 ever," citing first-quarter revenue that was up 21% from the prior-year period.
Persons: Taylor, General Merrick Garland, Dan Wall, Taylor Swift Organizations: U.S . Department of Justice, Ticketmaster, DOJ, The Justice Department, Southern, of, Oak View, Nation, Live Locations: United States, North America, U.S, of New York
U.S. officials have said that AI systems could pose national security risks, for example by making it easier to engineer chemical, biological and nuclear weapons. The Biden administration in October required the makers of the largest AI systems to share details about them with the U.S. government. Microsoft executives said the agreement has safeguards to protect Microsoft's technology and prevent it from being used by Chinese entities to train AI systems. The Commerce Department already requires notifications and, in several regions, export licenses to send AI chips abroad. Microsoft executives said the company welcomes a debate on a new legal framework governing the transfer of AI technology and that the deal with G42 requires the UAE firm to comply with U.S. regulations as they evolve.
Persons: Brad Smith, Smith, Biden, Michael McCaul, we're Organizations: Microsoft, United Arab, Reuters, U.S ., U.S . Department of Commerce, U.S . House, Commerce Department Locations: Madrid, Spain, United Arab Emirates, U.S, UAE
Lewis’ plan, however, included more than just revamping The Post’s subscription offerings. While The Post clearly plans to bet big on infusing its products with A.I., it wants to emphasize the human element of its journalism. Whether the multi-pronged initiative is enough to turn The Post around, of course, remains to be seen. But the new publisher voiced confidence that these measures will put The Post on track for success. “I really hope at some point in the future, when you look back on this day,” he told staffers, “it’s actually quite a significant day in the history of our company.”
Persons: Will Lewis, strode, Lewis, , ” Lewis, I’m, Axios, we’ve, ” Karl Wells, Lewis ’, Vineet Khosla, , Sally Buzbee, Kathy Baird, “ it’s Organizations: New York CNN, The Washington Post, Brit, Apple, POLITICO, Silicon Locations: New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI will change jobs, but the growth is more important, France's digital affairs minister saysMarina Ferrari, France's secretary of state for digital affairs, discusses the potential risks and benefits of artificial intelligence on a panel with CNBC's Karen Tso at VivaTech in Paris.
Persons: Marina Ferrari, Karen Tso Locations: VivaTech, Paris
TikTok said on Thursday that it was introducing new measures to limit the spread of videos from state-affiliated media accounts, including Russian and Chinese outlets, as the company deflects criticism that it could be used as a propaganda tool in a major election year. The company in 2022 started labeling state-affiliated media accounts — like those from RT, the global Russian television network, and People’s Daily, the official newspaper of the Chinese Communist Party. Social media platforms, including Meta, YouTube and X, are grappling with misinformation in a year when as much as half the global population will vote in major elections. Political news on TikTok, which is owned by a Chinese company, ByteDance, is under particular scrutiny after the passage of a law that would force ByteDance to sell the company or face a ban in the United States. Lawmakers and intelligence officials have said TikTok is a threat to national security, partly because of how the Chinese government could use it to spread propaganda.
Persons: TikTok, ” TikTok, ByteDance Organizations: Chinese Communist Party, Social, Meta, YouTube, United States, Lawmakers Locations: Russian, United
For those outside the Westminster bubble, the announcement felt less like a starting pistol than a final gasp. But unlike Sunak, who with his wife Akshata Murty is worth an estimated £651 million ($828 million), most of us can’t afford it. The British economy never fully recovered from the 2008 recession and, consciously or not, most people still feel the sting every day. As Sam Knight recently noted in the New Yorker, the average British worker is estimated to be £14,000 ($17,800) worse off per year now than they would be if earnings had risen at pre-crisis rates. Her disastrous mini-budget wiped £30 billion off the UK economy that autumn, according to independent think tank Resolution Foundation, and sent interest rates rocketing.
Persons: Holly Thomas, Katie Couric, Rishi Sunak, Keir Starmer, Tony Blair, Akshata Murty, Sam Knight, Brexit, Liz Truss, It’s, there’s, , Boris Johnson, Johnson, who’d, that’s, Blair Organizations: Katie Couric Media, CNN, London CNN —, Conservative, Westminster, Labour, British Medical Association, BMA, Commission, Yorker, Evening, Office, National Statistics, Tory, Foundation Locations: London, Westminster, England, British, Europe, Rwanda
CNN —Tensions are once again ratcheting up in the Taiwan Strait, with China launching military drills encircling Taiwan just days after the democracy swore in a new leader long loathed by Beijing. The Eastern Theater Command of the Chinese People’s Liberation Army (PLA) said it launched joint military drills involving the army, navy, air force and rocket force in areas around Taiwan early Thursday morning. The drills are being conducted in the Taiwan Strait – a narrow body of water separating the self-ruling island with mainland China – as well as north, south and east of Taiwan. The Chinese guided missile frigate Nantong, one of the vessels in the series of military drills around Taiwan. The defeated Nationalist Party fled to Taiwan, moving the seat of their Republic of China (ROC) government from the mainland to Taipei.
Persons: , Lai Ching, China’s, Xi Jinping, Li Xi, Lai, Wu Mei, Carlos Garcia Rawlins, Tsai Ing, Tsai –, Mike Gallagher Organizations: CNN, Communist Party, Eastern Theater Command, People’s Liberation Army, PLA, People's Liberation Army, Weibo, Taiwan’s Defense Ministry, Democratic Progressive Party, DPP, Chinese Communist Party, CCP, Nationalist Party, US, Communist, Beijing, Tuesday Locations: Taiwan, China, Beijing, Kinmen, Taipei, People’s Republic of China, Republic of China, Xi, Washington
Other Australians stranded have had to go scrounge coconuts to eat,” he said. Maxwell Winchester and his wife, an Australian couple stranded in New Caledonia after the unrest broke out. But Winchester said he and other tourists have no sense of when it might be their turn. People line up at a store for supplies in New Caledonia, with larger supermarkets nearby burned and looted during the riots on the French territory. And among the stranded tourists, frustration is growing over what they say is a lack of assistance or clear instructions from their governments.
Persons: Maxwell Winchester, it’s, We’ve, , Emmanuel Macron, , “ We’re, Winchester, Macron, Prisca Thevenot, Theo Rouby, we’re, Organizations: CNN, , New Zealand, Facebook, Australia’s Department of Foreign Affairs and Trade, New Zealanders, Olympic, Paris Olympic Games, ” CNN, Getty Locations: South, New Caledonia, Victoria, Australian, ” Australia, New, Brisbane, Australia’s, , Brisbane , New Caledonia, Paris, France, , Winchester, Noumea , New Caledonia, AFP, French
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