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Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe head of NATO said the alliance has undergone its biggest transformation in a generation, but warned that military power has its limits. Stoltenberg said that since he took on the role in 2014, NATO has been described as "divided, "obsolete," and "braindead," but the reality is that the military alliance is "strong," "united," and "more important than ever." "We have, over these 10 years, undergone their biggest transformation in a generation," he said. However, Stoltenberg also stressed that "military power has its limits," citing NATO's military intervention in Afghanistan after 9/11.
Persons: , Jens Stoltenberg, Stoltenberg, Mark Rutte, " Stoltenberg Organizations: Service, NATO, German Marshall Fund, Business, UN, International Security Assistance Force, Taliban, Dutch Locations: Brussels, Ukraine, Russia, Afghanistan, Al Qaeda, Resolute, Gaza, Europe, North America
Sweden’s economy has, in many ways, suffered from the same tribulations as the rest of Europe: recent bouts of crushing inflation and recession, and now the prospect of meager growth in a world split by geopolitical and economic conflict. Nevertheless, this tiny Nordic country has a roster of high-tech entrepreneurs that is the envy of its neighbors. Klarna, a financial tech firm, and King Digital Entertainment, the maker of the video game juggernaut Candy Crush, are other examples of homegrown tech powerhouses. “They have something — particularly in the tech sector — which other European countries do not really have to the same extent,” said Jacob Kirkegaard, a senior fellow at the German Marshall Fund. That entrepreneurial track record has been attracting renewed attention at a time when anxieties are mounting about Europe’s ability to compete with American and Chinese advancements in high technology.
Persons: Candy, , Jacob Kirkegaard Organizations: Spotify, Skype, King Digital Entertainment, German Marshall Fund Locations: Europe
CNN —Many of America’s closest allies were already dreading the prospect of Donald Trump’s return to the White House. Now that the former president has picked JD Vance as his running mate, they potentially have a lot more to worry about. By choosing Vance, Trump has sent a clear signal that, if elected, his America-first foreign policy will be back in force. “JD Vance does not appear to be interested in being a good ally to Europe,” Berzina said. I think Russia has incentive to come to the table right now.
Persons: America’s, Donald Trump’s, JD Vance, Vance, Trump, , Kristine Berzina, “ JD Vance, ” Berzina, Putin, Vance’s, , Sergey Lavrov, Lavrov, Volodymyr Zelensky, CNN’s Kaitlin Collins, Zelensky, Jose Luis Magana, China Vance, we’re, ” Vance, Trevor McCrisken, you’ve, Ukraine that’s, ” McCrisken, ” Sam Greene, Biden, Greene, Joe Biden, ” Greene, , Nikki Haley Organizations: CNN, Trump, NATO, Labour, Marshall Fund of, United, Munich, Conference, United Nations, Conservative Political, East, Fox News, New York Times, Patriot, University of Warwick, Republicans, Democratic, Center for, King’s College London, Republican, Republican Party Locations: America, Ohio, Ukraine, Russia, United Kingdom, United States, Washington, Europe, Russian, Munich, Oxon Hill, China, East Asia, Beijing, Taiwan, Asia, Czech, UN
'It's how the EPP works, they always want more,' analyst says
  + stars: | 2024-06-18 | 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'It's how the EPP works, they always want more,' analyst saysJacob Kirkegaard, senior fellow at The German Marshall Fund of the United States, joins CNBC's Silvia Amaro in Brussels as leaders fail to come to an agreement on who will hold the EU top jobs following the elections.
Persons: Jacob Kirkegaard, CNBC's Silvia Amaro Organizations: EPP, German Marshall Fund of, EU Locations: United States, Brussels
The impact on China’s EV makers will vary depending on the level of tariff and each company’s cost structure. “One critical issue for China is that the EU accounted for 38% of China’s EV exports in 2023,” Sebastian said. In February, nine government agencies, including the Commerce Ministry and the central bank, vowed to provide support to accelerate Chinese EV makers’ global push. Tesla prices to riseIn contrast to BYD, state-owned carmaker SAIC is in a “disastrous” situation facing 38.1% in additional tariffs, according to Sebastian. Soula said China could retaliate by imposing tariffs on some European goods such as luxury cars, premium brandies or airplane parts.
Persons: Hong Kong CNN —, BYD, Tesla, Gregor Sebastian, , ” Sebastian, Etienne Soula, It’s, Sebastian, Geely, Andrew Bergbaum, don’t, Soula Organizations: Hong Kong CNN, European Union, EV, China’s, Alliance, Democracy, German Marshall Fund of, Commerce Ministry, SAIC, Volvo, European Commission, UBS, EU Locations: China, Hong Kong, European, Europe, Beijing, Asia, Brazil, Turkey, United States, EU, America, Shanghai, Hungary, Italy, Spain
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMuch more difficult for EU to make protectionist moves, says think tankDaniel Hegedus of the German Marshall Fund of the United States discusses EU-China trade ties and the prospect of tariffs.
Persons: Daniel Hegedus Organizations: EU, German Marshall Fund of Locations: States, China
Ukrainian President Volodymyr Zelenskyy's very public criticism of China over its relationship with Russia and cool stance toward a forthcoming peace summit could end up backfiring on Kyiv, analysts say. China analysts say Zelenskyy's outburst was a risky move that could antagonize and alienate Beijing — and push it closer to Russia. Russian President Vladimir Putin and Chinese President Xi Jinping bid farewell at the end of talks in Beijing, China May 16, 2024. China confirmed last week that it would not send a delegation to the Ukraine peace summit set to be held at the Bürgenstock resort above Lake Lucerne, saying the event does not meet its expectations that both Russia and Ukraine take part. Ukraine's President Volodymyr Zelenskyy speaks with Chinese President Xi Jinping via phone line, in Kyiv on April 26, 2023.
Persons: Volodymyr Zelenskyy's, Zelenskyy, Volodymyr Zelenskyy, Edgar Su, Astrid Nordin, Putin, Xi Jinping, Vladimir Putin, Mikhail Metzel, it's, Mao Ning, Bonnie Glaser, Glaser, Xi, Joe Biden, Kamala Harris, Jake Sullivan, Volodymyr Zelenskiy, Leah Millis Organizations: Beijing, Reuters, Ministry, Chinese International Relations, King's College London, CNBC, Putin, Russian, Via Reuters, Presidential Press Service, Foreign, Asia, German Marshall Fund of, National Security, White Locations: China, Russia, Kyiv, Singapore, Ukraine, Moscow, Switzerland, Reuters China, Beijing, Via, Via Reuters China, Lake Lucerne, United States, Saudi Arabia, California, Hollywood, Moscow . U.S, Washington , U.S
There, a recent article belittled an international warrant to arrest Russia’s president, Vladimir V. Putin, for war crimes. It repeated, word for word, an article that had appeared a day before under a different byline on the website for RT, Russia’s global television network. RT, which the U.S. State Department describes as a key player in the Kremlin’s disinformation and propaganda apparatus, has been blocked in the European Union, Canada and other countries since Russia invaded Ukraine in 2022. Sites like Man Stuff News, however, have helped RT sidestep the restrictions and continue reaching European and American audiences, according to a new report. Many of the articles were then further disseminated through social media.
Persons: Beard, Labor ”, , Vladimir V, Putin, Alex Jones Organizations: Labor, RT, U.S . State Department, European Union, German Marshall Fund, University of Amsterdam, Institute for Strategic, San, San Francisco Telegraph Locations: Canada, Russia, Ukraine, San Francisco
Major breakthroughs with China’s toughest critics will be hard to come by unless Xi is ready to make surprise concessions. And the trip could instead serve to underscore divisions – not only between Europe and China – but those within Europe that could play to China’s favor, analysts say. Chinese President Xi Jinping and French President Emmanuel Macron visit a garden in Guangdong during Macron's state visit to China last April. Putin has said he plans to visit China this month, according to Russian state media. Xi may also look to highlight Chinese investments in both Belgrade and Budapest in a message to the rest of Europe.
Persons: Xi Jinping, Andrea Bocelli, , Xi, China –, , Noah Barkin, Hungary –, Ursula von der Leyen, Emmanuel Macron, Von der Leyen, Olaf Scholz, Chong Ja Ian, , Chong, Jacques Witt, China’s, Macron, Russia …, Wang Yiwei, Vladimir Putin, Putin, Aleksandar Vučić, Viktor Orban – Organizations: CNN, European Union, Ukraine, German Marshall Fund of, EU, , National University of Singapore, Getty, Beijing’s Renmin University, NATO, Reuters, EV Locations: China, Italy, France, Germany, United Kingdom, Russia, “ China, Europe, Berlin, United States, Serbia, Hungary, Beijing, Paris, “ France, North America, Guangdong, Ukraine, Switzerland, Barkin, , Belgrade, Budapest, Balkans, Balkan
Hungary's Prime Minister Viktor Orban arrives to attend a European Council summit at the EU headquarters in Brussels on March 21, 2024. Sameer Al-doumy | Afp | Getty ImagesHungarian Prime Minister Viktor Orban has run into political trouble ahead of European parliamentary elections in June, with his ruling party shaken by two political scandals within six weeks. Orban is a long-time ally of former U.S. President Donald Trump and widely seen as Russian President Vladimir Putin's closest supporter in the European Union. The right-wing leader has led the central European country since 2010, making him the EU's longest-serving head of state. Yet two major scandals have recently rocked his dominance of Budapest's political landscape at a sensitive time when Hungary is poised to hold both local and European elections in early June.
Persons: Viktor Orban, Sameer Al, Orban, Donald Trump, Vladimir Putin's, Peter Magyar, Janos Kummer, Zsuzsanna Vegh, Vegh, Magyar, Judit Varga —, Katalin Novak, Novak, Varga, William Shakespeare Organizations: Hungary's, EU, Afp, Getty, Hungarian, European Union, Eurasia Group, Fidesz, German Marshall Fund of, CNBC, Facebook, YouTube, Reuters, Lawyer Locations: Brussels, doumy, Hungary, Budapest, United States, Hungarian
China – which has not condemned Russia’s invasion and claims impartiality in the conflict – has also emerged as a key lifeline for the sanctions-hit Russian economy. In Europe, this has galvanized concerns about China’s own global ambitions and played a role in the European Union’s ongoing push to recalibrate its policy toward China. EU foreign policy chief Josep Borrell reiterated the EU’s “expectation that China refrains from supporting Russia,” in a meeting with Wang Friday. “As long as war in Ukraine continues, EU policies toward China will move into closer alignment with the US. As president, Trump not only voiced skepticism of the system of US alliances in Europe, but leveraged tariffs on European steel and aluminum, sparking retaliatory measures on US goods from Europe.
Persons: Hong Kong CNN —, Wang Yi, Wang, Donald Trump, Trump, ” Wang, Alexey Navalny, Vladimir Putin’s, , , Noah Barkin, Maxym Marusenko, Putin, Xi Jinping, , Jens Stoltenberg, Josep Borrell, Christoph Heusgen, Dmytro Kuleba, Xi, hasn’t, It’s, Kuleba, Vladimir Putin, Xie Huanchi, Yu Jie, , Liu Dongshu, “ Wang Yi, China …, ” Liu, Emmanuel Macron, GMF Organizations: Hong Kong CNN, Munich, Washington, NATO, German Marshall Fund of, Communist Party, Wang Friday, Bloomberg, CNN, China’s, Ministry, , Ukrainian, Security, Beijing, Peace, Getty, ’ Observers, US, Chatham House, City University of Hong, , White Locations: China, Hong Kong, States, Europe, Ukraine, Beijing, Munich, Moscow, Russia, United States, Russian, Ukraine's Kharkiv, West . China, Taiwan, EU, , China’s, Asia, Pacific, ” Beijing, Switzerland, Xinhua, London, Spain, France, City University of Hong Kong’s, Washington, York
Scholz arrived in Washington ready to amplify an argument Biden himself has been making for months now: A Russian win in Ukraine would imperil the West and its allies. He's also looking to highlight that Germany continues to provide robust funding for Ukraine despite budget constraints. Scholz is emphasizing the stakes of the debate for Europe and beyond as House Republicans have blocked new U.S. funding. Heather Conley, president of the German Marshall Fund in Washington, said that Scholz will be looking to hear from Biden on his “Plan B” if Congress remains at loggerheads over funding for Ukraine. U.S. National Security Council spokesman John Kirby said that Biden would make clear to Scholz that despite the “dysfunction” in the House over Ukraine funding, there's broad bipartisan support to continue to back Kyiv.
Persons: Joe Biden, Olaf Scholz, Scholz, Biden, He's, , Vladimir Putin, Putin, Heather Conley, ” Conley, John Kirby, , ” Kirby, ” Scholz, Tracy Brown, Moulson Organizations: WASHINGTON, Ukraine, Republicans, Israel, Union, German Marshall Fund, . National Security, Washington, NATO, AP Locations: Europe, Ukraine, Russia, Washington, Germany, United States, Kyiv, Russian, Israel, U.S, underscoring, House, Kyiv . U.S, Berlin
The two leaders will meet Wednesday at Filoli, a secluded estate along Northern California’s coastal range. It was built in 1917 as a private residence and later became a National Trust for Historic Preservation site. The estate is about 25 miles (40 kilometers) south of San Francisco, where leaders are gathering for the Asia-Pacific Economic Cooperation leaders’ conference this week. “It appears to be a quiet, secluded estate, where Biden and Xi can have an intimate conversation in a relaxed environment,” Glaser said. The gardens feature in Jennifer Lopez’s film “The Wedding Planner.”——AP writers Didi Tang and Colleen Long in San Francisco, and Zeke Miller and Matthew Lee in Washington contributed to this report.
Persons: Joe Biden, China’s Xi, Bonnie Glaser, Biden, Xi, ” Glaser, , Jeremi Suri, , ” Suri, Ronald Reagan, Mikhail Gorbachev, Suri, William Bowers Bourn, Jennifer Lopez’s, Didi Tang, Colleen Long, Zeke Miller, Matthew Lee Organizations: FRANCISCO, , National Trust for Historic, Economic Cooperation, German Marshall Fund, APEC, University of Texas Locations: Filoli, Northern, San Francisco, Asia, Austin, Soviet Union, Reykjavik, Washington
CNN —The Chinese government has built up the world’s largest known online disinformation operation and is using it to harass US residents, politicians, and businesses—at times threatening its targets with violence, a CNN review of court documents and public disclosures by social media companies has found. Victims face a barrage of tens of thousands of social media posts that call them traitors, dogs, and racist and homophobic slurs. While tech and social media companies have shut down thousands of accounts targeting these victims, they’re outpaced by a slew of new accounts emerging virtually every day. As part of a mission “to manipulate public perceptions of [China], the Group uses its misattributed social media accounts to threaten, harass and intimidate specific victims,” the complaint states. In the past, the Spamouflage network mostly focused on issues domestically relevant to China.
Persons: , Xi Jinping, Biden, Mike Gallagher, Chen Pokong, , Chen, , Spamouflage’s, Liu Pengyu, ” Liu, Jiayang, Darren Linvill, hasn’t, Fan, Communist Party playbook, Mandiant, Nancy Pelosi, ” Ben Nimmo, George Floyd’s, Ben Nimmo, Lindsay Gorman, Gorman, ” Linvill, Linvill, Spamouflage, Jiajun Qiu, Qiu, ” Qiu Organizations: CNN, US State Department, FBI, Communist Party, Meta, Google, , CCP, US Department of Justice, Department, DOJ, China’s Ministry of Public Security, Group, New Yorker, telltale, Media, Clemson University, Capitol, Department of Homeland Security, Marshall Fund’s Alliance, Securing Democracy, YouTube Locations: United States, Beijing, San Francisco, China “, New York, China, New York City, America, Washington, Hong Kong, US, Texas, Virginia, Manassas , Virginia
WASHINGTON (AP) — When President Joe Biden meets Chinese leader Xi Jinping on Wednesday, there will be no such thing as a small detail. Biden and Xi will meet while both attend next week's Asia-Pacific Economic Cooperation summit in San Francisco, but even basic information has remained closely guarded. That recalls Biden's nearly three-hour meeting with Xi before the start of last year’s G-20 summit in Bali. The Chinese attach importance to the location, which this time may be more like Sunnylands than Anchorage, where top U.S. and Chinese officials held rather tense 2021 talks. Hillary Clinton's 1995 Beijing visit turned heads for a different reason when she declared that “human rights are women’s rights, and women’s rights are human rights."
Persons: Joe Biden, Xi Jinping, Beijing’s, Bonny Lin, Biden, Xi, China’s, Biden's, Victor Cha, ” Cha, Richard Nixon, Barack Obama, Obama, Donald Trump, Bonnie Glaser, Xi's, Ryan Hass, John L, Hass, George H.W, George H.W . Bush, Fang Lizhi, , Hillary Clinton's, Laura Bush's, Sasha Obama, Hu Jintao, Malia, Michelle, Michelle Obama, Colleen Long Organizations: WASHINGTON, China Power, Center for Strategic, International Studies, Economic Cooperation, White House, San, Communist Party, Asian Affairs, White, National Security Council, APEC, Mar, German Marshall Fund, Thornton China Center, Brookings Institute, Olympics, The New York Times, Press Locations: Washington, Asia, San Francisco, Bali, China, United States, Sunnylands, Rancho, Palm Springs , California, Lago, , Anchorage, Texas, Beijing, George H.W ., Thailand, Myanmar, The
"Public media are paid for with our taxes in order to give citizens access to fair information. And that's particularly important at... election time," said Joanna Krawczyk from the German Marshall Fund, a think-tank. PiS says private media outlets such as Warner Bros' (WBD.O) TVN often distort public debate by representing foreign interests. This perceived bias in public broadcasting has exacerbated political divisions in Polish society. "When she watches TVP, he goes to the kitchen."
Persons: Kacper, TVP, Szalai, RSF, Joanna Krawczyk, KRRiT, PiS, Grzegorz Lewandowski, Donald Tusk, Alan Charlish, Gareth Jones Organizations: Telewizja Polska SA, REUTERS, Sunday Government, WARSAW, Law and Justice, Media, German Marshall Fund, European Union, Civic Coalition, Reuters, Warner Bros, TVN, European Centre for Press, Media Freedom, Thomson Locations: Warsaw, Poland, TVP, Sochaczew, Hungary, Turkey, Russia
So the Georgia Republican has voted against providing military aid to Ukraine as he advocates for doing more to arm Taiwan, the self-governed island that’s at risk of military aggression from Beijing. For Collins and other Republican lawmakers, Taiwan and Ukraine are effectively rivals for a limited pool of U.S. military assistance. They view Taiwan’s fate as closely linked to that of Ukraine as it struggles to push back a Russian invasion. The U.S. aid to Ukraine also has led to weapons manufacturers stepping up production — something that could benefit Taiwan in a clash with China. Ukraine’s success is Taiwan’s success,” Taiwan’s diplomat in the U.S., Hsiao Bi-Khim, said in May at the Sedona Forum hosted by the McCain Institute.
Persons: Mike Collins, Collins, that’s, , Hsiao, Bonnie Glaser, , Joe Biden, Xi Jinping, ” Collins, Biden, ” Collin, “ Bradley Bowman, It's, Bowman, Michael McCaul, McCaul, Glaser, Hu Xijin Organizations: WASHINGTON, , Georgia Republican, Sedona, McCain Institute, Ukraine, Cultural, Associated Press, German Marshall Fund, Taiwan, United, Center of Military, Foundation for Defense of Democracies, Texas Republican, House Foreign Affairs, Taiwan’s, Communist Party, Global Times Locations: China, United States, Russia, Georgia, Ukraine, Taiwan, Beijing, U.S, Taiwan Strait, Taipei, Texas, , Washington
Among the many conspiracy theories that have fueled that belief on the right are those surrounding ballot drop boxes. Users have promoted the investigation as evidence for the persistent, false narratives about widespread fraud connected to ballot drop boxes. Some Republican lawmakers, who had raised concerns about the security of drop boxes during the pandemic, said the Bridgeport videos prove they were correct. In many cases, drop boxes are placed in locations where they can be monitored by election staff or security cameras. “It’s not the ballot boxes that are the problem,” said Cheri Quickmire, executive director of the voter advocacy group Common Cause in Connecticut.
Persons: , Donald Trump’s, Doug Dubitsky, , Dubitsky, Trump, David Levine, , Joe Ganim, John Gomes, Gomes, Ganim, Sen, Rob Sampson, It’s, Cheri Quickmire, They've, Matt Ritter, ” ___ Cassidy, Christine Fernando Organizations: Democrats, Republicans, Republican, Democratic, Marshall Fund’s Alliance, Securing Democracy, General, Associated Press, Voting, Connecticut Legislature, Hartford Democrat Locations: HARTFORD, Conn, Connecticut’s, Bridgeport, Idaho, In Connecticut, United States, Connecticut, , Atlanta, Chicago
In another dispute, Warsaw resisted a German offer to station Patriot missile air defence units in Poland before eventually agreeing to it. Among the sticking points, one German source said Poland was asking for too much money for the repair works. Another source, a German diplomat, said the talks failed partly because German companies were reluctant to share technical information. SOURING RELATIONSWhile ties between Poland and Germany have been frosty since PiS first came to power in 2015, Poles now see them worsening. Just 47% think relations are good, according to a German Polish barometer poll this year, down from 72% in 2020.
Persons: Olaf Scholz, Andrzej Duda, Thibault Camus, Donald Tusk, PiS, Mateusz Morawiecki, Tusk, Angela Merkel, General Ben Hodges, Krauss, Maffei, Sebastian Chwalek, Thomas Kleine, Berlin, mushroomed, Camp David, ” Hodges, Joe, Biden, Andrzej, Duda, Chancellor Scholz, Justyna Pawlak, Marek Strzelecki, Anna Koper, Anna Wlodarczak, Alan Charlish, Sarah Marsh, Sabine Siebold, Andreas Rinke, Matthias Williams, Mark Heinrich Our Organizations: Russia, goading, NATO, Justice, Nazi Wehrmacht, Patriot, Law, Justice Party, U.S, Army, Reuters, Rheinmetall, Polska, Patriots, Foreign, German Marshall Fund, Thomson Locations: Ukraine, Berlin, Germany, Russia Berlin, goading Warsaw, WARSAW, BERLIN, Polish, Nazi, EU, Slovakia, Poland, Warsaw, U.S, Europe, German, PiS, Japan, South Korea
In another dispute, Warsaw resisted a German offer to station Patriot missile air defence units in Poland before eventually agreeing to it. Among the sticking points, one German source said Poland was asking for too much money for the repair works. Another source, a German diplomat, said the talks failed partly because German companies were reluctant to share technical information. SOURING RELATIONSWhile ties between Poland and Germany have been frosty since PiS first came to power in 2015, Poles now see them worsening. Just 47% think relations are good, according to a German Polish barometer poll this year, down from 72% in 2020.
Persons: Marek Strzelecki, Sabine Siebold, Anna Koper, Donald Tusk, PiS, Mateusz Morawiecki, Tusk, Angela Merkel, Olaf Scholz, General Ben Hodges, Krauss, Maffei, Sebastian Chwalek, Thomas Kleine, Berlin, mushroomed, Camp David, ” Hodges, Joe, Biden, Andrzej, Duda, Chancellor Scholz, Justyna Pawlak, Anna Wlodarczak, Alan Charlish, Sarah Marsh, Andreas Rinke, Matthias Williams, Mark Heinrich Organizations: Anna, Anna Koper WARSAW, NATO, Justice, Nazi Wehrmacht, Patriot, Law, Justice Party, U.S, Army, Reuters, Rheinmetall, Polska, Patriots, Foreign, German Marshall Fund Locations: BERLIN, Germany, Berlin, Ukraine, Polish, Nazi, EU, Slovakia, Poland, Warsaw, U.S, Europe, German, PiS, Japan, South Korea
Ambassador to Japan Rahm Emanuel, accompanied by U.S. Secretary of State Antony Blinken (not pictured), speaks at the U.S. The ambassador, Rahm Emanuel, has always spoken in "a colorful manner," said Matthew Miller, restraining a smile, although he declined to say whether Emanuel's comments had been cleared by the State Department. "I would guess that the Chinese government views Ambassador Emanuel's remarks as authoritative and deliberate signaling. I doubt that's the case," said Bonnie Glaser, a China expert at the German Marshall Fund of the United States. All of that suggests that the administration is unlikely to rein in its Japan ambassador.
Persons: Japan Rahm Emanuel, Antony Blinken, Andrew Harnik, Rahm Emanuel, Matthew Miller, Emanuel, Agatha Christie's, Qin Gang, Li Shangfu hasn't, Li, Xi Jinping, Joe Biden, Obama, Emanuel's, Bonnie Glaser, Biden, Rahm, AMBASSADOR Emanuel, Bill Clinton, Barack Obama's, Laquan McDonald, Fumio Kishida, Yun Sun, He's, Humeyra Pamuk, David Brunnstrom, Michael Martina, Trevor Hunnicutt, Patricia Zengerle, Timothy Kelly, Don Durfee, Rosalba O'Brien Organizations: U.S, Ambassador's, WASHINGTON, . State Department, State Department, Foreign, Rocket Force, Defense, Reuters, German Marshall Fund of, CHINA U.S, AMBASSADOR, Obama, House, West Wing, China Program, Stimson, Biden, Thomson Locations: Japan, Tokyo, TOKYO, Washington, Britain, China, United States, Beijing, U.S, CHINA, Chicago
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailG20 summit: Xi will probably show up at Rio next year, analyst saysAndrew Small of the German Marshall Fund discusses possible reasons for Chinese President Xi Jinping's absence at the New Delhi summit. He says it's "not a great moment to be conducting some of these meetings," given that the country's economy is weak.
Persons: Andrew Small, Xi Organizations: Rio, German Marshall Fund Locations: New Delhi
Indian Prime Minister Narendra Modi, this year’s host, has pledged not to let Ukraine overshadow the needs of the mostly developing nations in the so-called “ Global South,” but many of those issues are closely affected by the war. Russia's attack on Ukraine and China's growing assertiveness in the Asia-Pacific region have added friction, pitting some of the most powerful G20 countries directly against each other diplomatically, Lesser said. About half of the G20 countries are found in the Global South — depending on how one defines it — and Modi hopes to add the African Union as a bloc member. In preparation, he held a virtual “Voice of the Global South” summit in January and in working groups has targeted issues critical to developing nations, including alternative fuels like hydrogen, resource efficiency, developing a common framework for digital public infrastructure and food security. “While a yearlong presidency cannot solve all the problems of the Global South, India has managed to set the ball rolling on some of these issues, and individual G20 countries can carry forward the work,” she said.
Persons: — It’s, Narendra Modi, , Nazia Hussain, Volodymyr Zelenskyy, Modi, Joe Biden's, Justin Trudeau, Zelenskyy, “ I’m, Ian Lesser, Lesser, Vladimir Putin, Xi Jinping, Li Qiang, Xi, , ” Hussain, Jake Sullivan, Sullivan, Biden, Putin, Hussain Organizations: DELHI, Group, Indian, Global, Singapore's, Rajaratnam, of International Studies, European Union, White, German Marshall Fund, United Arab, Foreign Ministry, U.S, Union, . National, World Bank, International Monetary Fund Locations: Ukraine, “ New Delhi, Russia, China, Bali, India, Brussels, U.S, Canada, Britain, Japan, Germany, Asia, Pacific, Brazil, South Africa, Iran, Saudi Arabia, United Arab Emirates, Argentina, Egypt, Ethiopia, Beijing, BRICS, Moscow
Louie added that he doesn't "know of a single major fund out there that isn't thinking about disruptive tech investing in the U.S., investing in defense tech, investing in microelectronics and AI in the next generation and next iteration." Stephen McCarthy | Sportsfile | Getty ImagesVC funding in aerospace and defense tech has shot up in recent years, according to data compiled by PitchBook for CNBC. The poster child for U.S.-focused defense tech is Anduril Industries, co-founded in 2017 by Oculus Rift designer Palmer Luckey. They can just look at the untapped potential in defense tech. "The government's becoming a better customer," said Shah, who previously served as managing partner of the Defense Department's Defense Innovation Unit, which seeks to accelerate the use of emerging technologies.
Persons: Hadrian, Chris Power Hadrian, Joe Biden, Gilman Louie, Alsop, Louie Partners, He's, Louie, Biden, Lindsay Gorman, she's, Gorman, Chris Power, Power, Hadrian's, Peter Thiel's, Palmer Luckey, Stephen McCarthy, Sportsfile, Anduril, Richard Jenkins, Bilal Zuberi, Lux, Zuberi, Jenkins, Saildrone didn't, Paul Kwan, Catalyst, What's, Kwan, Kyle Harrison, Saul Loeb, Raj Shah, Josh Wolfe, There's, Shah, Wolfe Organizations: Chris Power Hadrian Automation, America's Frontier, U.S, Marshall Fund's Alliance, Securing Democracy, Lux Capital, Fund, Andutil Industries, Enercare Center, Getty, PitchBook, CNBC, Industries, Oculus, Blue Force Technologies, Oceanic, Atmospheric Administration, Navy, Coast Guard, Google, Intel, AFP, Shield, Lux, Defense Department's Defense Innovation Unit, Power, YouTube, China Locations: China, U.S, America, Torrance , California, Los Angeles, Toronto, Canada, Ukraine, New Albany , Ohio, Silicon
CNN —Chinese leader Xi Jinping on Tuesday unexpectedly skipped a business forum of the BRICS economic group in South Africa, sending his commerce minister instead to deliver a fiery speech in his name that decried US hegemony. Xi, who arrived in Johannesburg on Monday for the annual BRICS summit of major emerging economies, was scheduled to deliver a speech at its business forum on Tuesday afternoon alongside leaders from India, Brazil and South Africa. Xi was the only BRICS leader who did not attend the business forum. At a regular news briefing Wednesday, Wang Wenbin, another spokesperson for the ministry, sidestepped a question about Xi’s absence at the BRICS business forum. “The (Chinese Communist Party) feels no obligation to provide explanations about why its foreign minister was replaced or its top leader was a no show at the BRICS Business Forum.
Persons: Xi Jinping, Xi, , Wang Wentao, Vladimir Putin, , Bonnie Glaser, Marshall Fund’s, Brian Hart, Cyril Ramaphosa, ” Hart, Wang, Hua Chunying, Wang Wenbin, sidestepped, Xi’s, “ I’ve, Glaser, Qin, Wang Yi, Hart Organizations: CNN, Chinese Commerce, China Power, Center for Strategic, International Studies, South, Ramaphosa, Xinhua, Chinese Foreign Ministry, Communist Party, German Marshall Fund, CSIS Locations: South Africa, Johannesburg, India, Brazil, Beijing, United States, Ukraine, China,
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