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With his two impeachments, a criminal conviction and an attempt to overturn the last election, Trump gave Biden plenty to work with. Biden has been road testing his character attacks on Trump for weeks in fundraising events and they’re now increasingly being parroted by campaign officials. Biden seeks to move the goalposts with ads during soccer tournamentThe Biden campaign is now making daily pitches to a significant corner of his coalition showing signs of stress. On Thursday, the Biden campaign turned to Hispanic voters — another key voting bloc where polls suggest he is underperforming. Biden’s character attacks on Trump represent his best attempt to remind Americans of the fateful nature of the choice they will face in November.
Persons: CNN — Joe Biden, Donald Trump, he’s, , Trump, Biden, Trump’s, it’s, Biden –, Biden’s, he’d, they’re, Bill Clinton, Hillary Clinton, He’s, Jean Carroll, Mitch Landrieu, “ Joe Biden, ” Landrieu, Manu Raju, ” Jasmine Harris, , Barack Obama, Lionel Messi Organizations: CNN, Trump, Biden, Black, Copa América, Argentina, NBC Locations: New York, Virginia, America, Black, Central Park , New York, Pennsylvania, Michigan, Wisconsin, Philadelphia, Detroit, Milwaukee, Atlanta, West, Arizona, Nevada, Georgia
The United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing's representatives telling U.S. counterparts that they would not resort to atomic threats over Taiwan, according to two American delegates who attended. The United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing's representatives telling U.S. counterparts that they would not resort to atomic threats over Taiwan, according to two American delegates who attended. The Chinese representatives offered reassurances after their U.S. interlocutors raised concerns that China might use, or threaten to use, nuclear weapons if it faced defeat in a conflict over Taiwan. The two countries briefly resumed Track One talks over nuclear arms in November but those negotiations have since stalled, with a top U.S. official publicly expressing frustration at China's responsiveness. The Pentagon, which estimates that Beijing's nuclear arsenal increased by more than 20% between 2021 and 2023, said in October that China "would also consider nuclear use to restore deterrence if a conventional military defeat in Taiwan" threatened CCP rule.
Persons: interlocutors, David Santoro Organizations: The, Reuters, People's Liberation Army, State Department, U.S, Pentagon Locations: States, China, Taiwan, The United States, Beijing, Taipei, U.S, Washington, Shanghai
Even so, Japan's top currency diplomat Masato Kanda stressed on Friday that Tokyo stands ready to take further "resolute" action against "speculative, excessive volatility". The dollar index was little changed at 105.66, on course for a slight weekly gain that would extend its winning streak to three weeks. Sterling was flat at $1.2657, sticking close to the $1.2655 low from Thursday, a level last seen on May 17. The BoE kept rates on hold, but some policy makers said the decision not to cut was "finely balanced". The European Central Bank kicked off its rate cutting cycle earlier this month.
Persons: Tony Sycamore, Sycamore, Masato Kanda, Sterling, BoE Organizations: U.S, Federal, Swiss, Swiss National Bank, Bank of England, Bank of, IG, U.S . Treasury, European Central Bank, Fed Locations: Japan, China, Tokyo
Russia and Vietnam pledged on June 20, 2024 to deepen ties as President Vladimir Putin made a state visit aimed at bolstering his alliances to counter Moscow's growing isolation over the war in Ukraine. Putin and President To Lam agreed to further cooperate in education, science and technology, oil and gas exploration and clean energy. The two countries also agreed to work on a roadmap for a nuclear science and technology center in Vietnam. In Hanoi, Putin also met Vietnam’s most powerful politician, Communist Party General Secretary Nguyen Phu Trong, and Prime Minister Pham Minh Chinh, according to the official Vietnam News Agency. Putin drove to Vietnam’s Presidential Palace on Thursday afternoon, where he was greeted by school children waving Russian and Vietnamese flags.
Persons: Vladimir Putin, Lam, Gavriil Grigorov, Putin, ” Lam, , Kim Jong, Nigel Gould, Davies, , Nguyen Khac Giang, Giang, Nguyen Phu Trong, Pham Minh Chinh, Putin’s, Ridzwan Rahmat, Janes, ” Rahmat, Prashanth, Wilson, Vladimir Lenin, Trong, Nhan Dan, Joe Biden, Xi Jinping, Gould, they’ve, he’s, Parameswaran Organizations: Sputnik, Hanoi Opera, Afp, Getty, North, International Institute for Strategic Studies, Singapore’s, Yusof, Institute, Communist Party General, Vietnam News Agency, Criminal, Kremlin, U.S, Embassy, Security, NATO, Asia, Communist Party’s, Vietnam’s Communist Party Locations: Russian, Hanoi, Russia, Vietnam, Ukraine, Moscow, Asia, Pacific, Eurasia, London, British, Belarus, China, North Korea, U.S, Hague, Korea, Singapore, Soviet Union, Soviet, trickier, Washington
CNN —The Biden administration is taking the unprecedented step of banning US companies and citizens from using software made by a major Russian cybersecurity firm because of national security concerns, Commerce Department Secretary Gina announced Thursday. Thursday’s announcement comes after CNN reported in April that the Biden administration was preparing to issue an order that would prevent US companies and citizens from using Kaspersky software. US government agencies are already banned from using Kaspersky Lab software, but action to prevent private companies from using the software is unprecedented. Founded in Moscow in 1997, Kaspersky Lab grew into one of the world’s most successful anti-virus software companies alongside American rivals like McAfee and Symantec. Some of the speculation and suspicion from US officials about the Russian company centers around Eugene Kaspersky, a charismatic computer expert who co-founded Kaspersky Lab in Moscow in 1997.
Persons: CNN —, Biden, Gina, Joe Biden, Donald Trump, ” Raimondo, “ We’re, Kaspersky, Raimondo, we’ve, Russian government’s, Eugene Kaspersky, ” Kaspersky Organizations: CNN, Commerce, Commerce Department, Kaspersky, McAfee, Symantec, Lab, , Russian Ministry of Defense, West Locations: Russian, United States, Russia, Moscow, Israel, Eugene, Ukraine
CNN —Mark Rutte, the outgoing prime minister of the Netherlands, is now set to become the next NATO secretary general. Rutte will inherit a NATO that is racing to bolster its own security while also supporting Ukraine’s defense against Russia’s invasion. Over time its position has evolved from not sending any tanks to allowing Ukraine to strike inside Russian territory with NATO weapons. Rutte must also oversee NATO’s radical upgrade in defense and security capabilities. NATO allies are aware that Trump has historically criticized NATO allies for not spending enough money on their own security and relying on America.
Persons: Mark Rutte, Klaus Iohannis, Iohannis, Jens Stoltenberg, Rutte, Donald Trump, Trump, Vladimir Putin Organizations: CNN, NATO, Kyiv Locations: Netherlands, Romania, Romanian, Moscow, Ukraine, Sochi, Crimea, United States, America, Sweden, Finland
In an unsigned opinion, the high court said a federal appeals court took an “overly cramped view” of an earlier precedent that control when people may sue for First Amendment retaliation claims. Normally, a person alleging retaliatory arrest must demonstrate police had not proven probable cause. In its opinion Thursday, the court ruled that Gonzalez should be allowed to present her evidence that she was arrested as retaliation for her actions. “Probable cause defeats a retaliatory arrest claim.”Prosecutors ultimately dropped the charges against Gonzalez. The Supreme Court did not immediately respond to a request for comment about Alito’s absence.
Persons: Clarence Thomas, Sylvia Gonzalez, Gonzalez, , Thomas, , ” Thomas, , Samuel Alito Organizations: CNN, Supreme, ” Prosecutors, Appeals Locations: Texas, Castle Hills , Texas
A senior White House official described the action as a “rather extraordinary” policy adjustment at a critical moment for Ukraine. “If we didn’t do this for Ukraine, they would not have been able to maintain their critical air defense stockpile heading into the winter, period,” the official said. Ukraine is expected to get its first exports of the air defense capabilities this summer and the policy change will stay in place for 16 months, the official said. The White House official would not share the list of affected countries, other than to say that air defense exports to Taiwan would not be impacted. The move is being done in parallel with Biden administration efforts to get Ukraine more air defense systems as well, a second White House official said.
Persons: CNN —, Biden, Volodymyr Zelensky, Joe Biden, , @POTUS, ” Zelensky, Zelensky, , Donald Trump, Jake Sullivan, they’re, ” Biden, Daria Tarasova, Caitlin Danaher Organizations: CNN, White House, State Department, Pentagon, White, NATO, Republican, Ukraine, Congress, Russian Locations: Ukraine, Russia, United States, Taiwan, Kyiv, Italy
Gold hits one-week high on Fed rate cut bets
  + stars: | 2024-06-20 | by ( ) www.cnbc.com   time to read: +2 min
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices climbed to their highest level in a week on Thursday as softer U.S. economic data increased the likelihood of interest rate cuts from the Federal Reserve this year. Spot gold was up 0.3% at $2,333.62 per ounce as of 0329 GMT after hitting its highest since June 12 earlier. "I am still favoring moves to the upside for the gold market in light of where we currently stand on the interest rate curve, which is at the peak," said Tim Waterer, chief market analyst at KCM Trade. "The gold market seems content to consolidate recent gains rather than reach higher at this stage, at least until we see some further evidence of softening U.S. macro data, which could alter the interest rate outlook."
Persons: Tim Waterer Organizations: Co, Federal Reserve, KCM, ANZ, U.S Locations: Bangkok, Thailand
With ballistic missiles regularly flying nearby, Japan and South Korea need little reminder of the threat that North Korea and its nuclear arsenal poses to its neighbors. But the pledge, along with indications that Russia could help bolster North Korea’s continuing quest to build its nuclear capabilities, rattled officials in Tokyo and Seoul. Mr. Kim has grown increasingly hostile toward South Korea and this year abandoned a longtime goal of reunifying with the South, however unlikely that might have been. Now he describes the South solely as an enemy that must be subjugated, if necessary, through a nuclear war. And he has often tested his ballistic missiles by flying them toward Japan, demonstrating North Korea’s provocative stance toward its former colonizer.
Persons: Vladimir V, Putin, Kim Jong, Kim Organizations: Korean Central News Agency, Analysts Locations: Japan, South Korea, Korea, Russia, Pyongyang, Ukraine, Tokyo, Seoul
Is Hamas Bound by International Law? What to Know.
  + stars: | 2024-06-20 | by ( Amanda Taub | ) www.nytimes.com   time to read: +1 min
Since the attacks of Oct. 7, every legal expert I have asked has shared one conclusion: Hamas’s attacks on civilians that day, including killing, torture, and hostage-taking, were war crimes. Tom Dannenbaum, a Tufts University professor, told me just days after the attack that there was “no question” Hamas’s attack had involved multiple war crimes. Last month, the prosecutor of the International Criminal Court announced that he was seeking warrants for the arrest of three Hamas leaders on charges of war crimes and crimes against humanity relating to the Oct. 7 attack on Israel, as well as the hostage-taking that followed. Last week, a U.N. commission concluded that there was credible evidence that members of Hamas and other armed Palestinian groups committed war crimes on Oct. 7, including by killing civilians, carrying out torture, and taking hostages. The commission also found evidence of Israeli war crimes, including the use of starvation of civilians as a weapon of war.
Persons: Tom Dannenbaum, Organizations: Tufts University, Criminal Court Locations: Israel
Whether the Biden administration overlooked a less restrictive alternative could become a factor in a potential test of the law’s constitutionality. In Thursday’s filing, TikTok said the agreement was never signed despite years of negotiations and dozens of meetings and phone calls with US government officials. The Trump administration tried to ban TikTok by executive action, but that was quickly stymied by legal challenges. US officials have not publicly presented evidence that China has accessed US users’ TikTok data. On Thursday, TikTok’s filing said the company has so far spent $2 billion voluntarily implementing Project Texas.
Persons: TikTok, Biden, Joe Biden, , CFIUS, , Trump, Christopher Simkins, Simkins Organizations: CNN, US Air Force, Foreign Investment, Meta, Independent, Texas Locations: United States, TikTok, China
CNBC Daily Open: Russia-North Korea defense pact
  + stars: | 2024-06-20 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Russia-North Korea partnershipRussia and North Korea signed a "comprehensive strategic partnership" deal on Wednesday, including a mutual defense pact, during President Vladimir Putin's first state visit to North Korea in 24 years. While the 2% inflation mark is significant, it was anticipated and mainly driven by lower energy prices. Musk clarifies remarksElon Musk attempted to clarify his controversial remarks after advertisers threatened to leave X. Musk previously told advertisers to "go f--- yourself."
Persons: Vladimir Putin's, Putin, Kim Jong Un, CNBC's Holly Ellyatt, Elon Musk, Musk, Eli Lilly Organizations: CNBC, Bank of England, Cannes Lions, CAC, Nasdaq Locations: Russia, North Korea, Ukraine, Cannes, France
President Joe Biden's reelection effort and the Democratic National Committee raised a combined $85 million in May, according to exclusive data provided to CNBC by the Biden campaign. The Trump campaign, by contrast, has been slow to staff up in key states, causing concern among some Republican strategists. In April, Trump's allied groups and the RNC raised $76 million to Biden and the DNC's $51 million. Biden campaign officials highlight how in contrast, Biden did not have any major fundraisers or events during the month. As of April, the Trump allied campaign's overall war chest was about $60 million smaller than Biden's—$88 million versus $146 million.
Persons: Joe Biden, Joe Biden's, Biden, Donald Trump's, Julie Chavez Rodriguez, Trump, Trump's, It's, Hollywood Organizations: Democratic National Committee, CNBC, Republican National Committee, Biden, RNC, Trump, Trump's Locations: Washington , U.S, California, Trump's West
A former Texas city councilwoman may pursue a lawsuit claiming that officials had abused their power by arresting her in retaliation for exercising her First Amendment rights, the Supreme Court ruled on Thursday. The court’s five-page opinion was unsigned, which is unusual in argued cases. Justice Samuel A. Alito Jr. issued a 16-page concurring opinion, writing only for himself. The unsigned opinion said an appeals court had taken “an overly cramped view” of the evidence required to prove a retaliatory arrest. The appeals court should have considered, the opinion said, objective evidence presented by the councilwoman, Sylvia Gonzalez, that the criminal law under which she had been charged had never been used in the county in similar circumstances.
Persons: Samuel A, Alito Jr, Clarence Thomas, Sylvia Gonzalez Locations: Texas
CNN —US officials have serious concerns that in the event of a full-blown war between Israel and Hezbollah, the Iran-backed militant group could overwhelm Israel’s air defenses in the north — including the much-vaunted Iron Dome air defense system, three US officials told CNN. Israeli officials have told the US they are planning to shift resources from southern Gaza to northern Israel in preparation for a possible offensive against the group, US officials told CNN on Wednesday. “We assess that at least some” Iron Dome batteries “will be overwhelmed,” said a senior administration official. Earlier this month, Hezbollah released a video purporting to show a drone striking and damaging an Iron Dome battery on an army base in northern Israel. The Iron Dome is fundamental to Israel’s defense and the US government has spent over $2.9 billion on the program, according to the Congressional Research Service.
Persons: , , “ We’re, Amos Hochstein, Hochstein, Israel, Israel ‘, Antony Blinken’s, Yoav Gallant, Hassan Nasrallah, Nasrallah, Assad Organizations: CNN, Hezbollah, Congressional Research Service, Israel Defense Forces, Islamic, Biden, US, IDF, Hamas, Israeli, Command, Radwan Force, Rocket Locations: Israel, Iran, Lebanon, Gaza, Lebanese, Jerusalem, Beirut, Rafah, , Cyprus, Syria
The heat shattered temperature records and altered daily routines from the Midwest river valleys to the pine forests of New England, and left roughly one-third of Americans under extreme heat advisories, warnings or watches on Thursday, according to the National Integrated Heat Health Information System. In rural Indiana, sheriff’s deputies conducted wellness checks on older residents. And in the New York region, students left school early — some because their schools closed at midday, and others because worried parents took matters into their own hands. Simone Machado pulled her son Bryan, 10, out of school at Ann Street Elementary School in Newark, the largest city in New Jersey, early on Thursday because of the heat. By the time she got there, a bright red heat rash had already bloomed across his neck.
Persons: sheriff’s, Simone Machado, Bryan Organizations: National, Ann Street Elementary School Locations: United States, New England, Indiana, In Maine, New York, Newark, New Jersey
The tycoon, Ibrahim al-Organi, chairman of Organi Group, oversees a vast network of companies involved in construction, real estate and security. But it is Hala — a company that Organi Group has listed as one of its own — that has drawn the most scrutiny. Organi Group did not respond to a request for comment about why it had removed Hala from the website. Organi Group has at least eight businesses. The company lists Mr. Organi as its chairman and his son, Essameldin Organi, as the chief executive.
Persons: Ibrahim al, Hala, Organi, Essameldin Organizations: Organi Group, Organi Locations: Egyptian, Hala —, Gaza, Hala
New York is launching a program offering homeowners up to $14,000 in total rebates for energy-efficiency upgrades to their property, and more states are expected to follow suit by summer's end. The rebate programs are part of the federal Inflation Reduction Act, the largest piece of climate legislation in U.S. history, which President Joe Biden signed in 2022. The law earmarked $8.8 billion for consumers via two Home Energy Rebates programs. Such projects might include installing air sealing, insulation, electric heat pumps and electric stoves, for example. When combined with a fledgling state program called EmPower+ — which offers up to $10,000 per low-income household — consumers can access up to $24,000 in total rebates for making energy-efficiency upgrades, according to Doreen Harris, president and CEO of the New York State Energy Research and Development Authority.
Persons: Joe Biden, Doreen Harris Organizations: Energy, Finance, SEC, FEMA, New York State Energy Research, Development Authority Locations: York, New York
CNBC Daily Open: Le Pen's 28-year old protégé
  + stars: | 2024-06-20 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. China holds rates, stocks dipMarkets in the Asia-Pacific region were trading mostly lower after the People's Bank of China held interest rates unchanged. Russia-North Korea partnershipRussia and North Korea signed a "comprehensive strategic partnership" deal on Wednesday, including a mutual defense pact, during President Vladimir Putin's first state visit to North Korea in 24 years. Musk clarifies remarksElon Musk attempted to clarify his controversial remarks after advertisers threatened to leave X. Musk previously told advertisers to "go f--- yourself."
Persons: Hai Precision Industry —, Foxconn —, Australia's, Guzman Y Gomez, Vladimir Putin's, Putin, Kim Jong Un, CNBC's Holly Ellyatt, Elon Musk, Musk, Goldman Sachs Organizations: New York Stock Exchange, CNBC, People's Bank of China, CSI, Hai Precision Industry, Nikkei, of England, Cannes Lions Locations: New York City, China, Asia, Pacific, Seng, Taiwan, Russia, North Korea, Ukraine, Cannes, France, Europe
ShotSpotter, a system the Police Department uses to detect gunfire, is overwhelmingly inaccurate and leads officers to spend hundreds of hours each month investigating nonexistent shots, according to an audit the New York City comptroller released Thursday. The Police Department has spent more than $45 million on ShotSpotter since it started using it in 2015, even as cities around the country have stopped using the system. New York must decide before December whether to renew its contract with SoundThinking, the California company that owns the system, and the audit advises officials to decline until the system can be fully evaluated. Of the 940 alerts officers responded to last June, only 13 percent corresponded to confirmed shootings. And in 2022, the audit found, the system also failed to detect more than 200 real incidents of gunfire in Manhattan.
Organizations: Police Department, New, The Police Department, SoundThinking Locations: New York City, New York, California, Manhattan
Two beluga whales evacuated from Ukraine arrive in Spain
  + stars: | 2024-06-20 | by ( Jack Guy | ) edition.cnn.com   time to read: +2 min
CNN —Two beluga whales have been rescued from the besieged city of Kharkiv in Ukraine and taken to an aquarium in Valencia, Spain, in a complex operation. A multinational team involving marine mammal care experts from Oceanogràfic de Valencia, the largest oceanarium in Europe; Georgia Aquarium in Atlanta; and SeaWorld were involved in the high-risk journey. The pair of belugas – a 15-year-old male named Plombir and a 14-year-old female called Miranda – arrived in “delicate health” Tuesday evening after a “grueling journey,” according to Georgia Aquarium. “The city is facing increasing threat from artillery fire, which has intensified in recent weeks, with bombs dropping within a few hundred meters of the aquarium,” Georgia Aquarium said in a press release. The journey began Monday when the team first removed the whales from Ukraine’s NEMO Dolphinarium and drove them 12 hours from Kharkiv to Odesa.
Persons: Oceanogràfic de, Miranda –, Ukraine’s NEMO Dolphinarium, , , Keith Yip Organizations: CNN, Oceanogràfic, Georgia Aquarium, SeaWorld Locations: Kharkiv, Ukraine, Valencia, Spain, Oceanogràfic de Valencia, Europe, Georgia, Atlanta, Ukraine’s, Russia, Russian, Odesa, Moldova, Moldovan, Chisinau
Washington CNN —Mortgage rates fell this week to their lowest level since early April, taking some pressure off America’s unaffordable housing market. “These lower mortgage rates coupled with the gradually improving housing supply bodes well for the housing market.”Still, mortgage rates remain higher than anything seen in the decade before 2022, the year the Federal Reserve began to raise interest rates to combat inflation. Economists don’t expect the average mortgage rate to fall below 6% this year. Homebuilding constrained by high interest ratesWhile mortgage rates have eased recently, the US housing market overall remains hamstrung by elevated interest rates, which seem to be taking a toll on homebuilding. “Persistently high mortgage rates are keeping many prospective buyers on the sidelines,” NAHB Chairman Carl Harris said in a release.
Persons: Freddie Mac, , Sam Khater, Freddie Mac’s, don’t, America’s homebuilders, , Carl Harris, ” Skylar Olsen Organizations: Washington CNN —, , Federal Reserve, Treasury, National Association of Home Builders Locations: ., Wells Fargo, America, San Diego , Los Angeles and New York, California, Honolulu
CNN —Big changes are coming for New York’s youngest social media users after Gov. The unprecedented move makes New York the first state to pass a law regulating social media algorithms amid nationwide allegations that apps such as Instagram or TikTok have hooked users with addictive features. New York officials hailed the legislation as a critical check on social media platforms’ influence over teens. “Algorithmic curation makes teenagers’ feeds healthier, and banning algorithms is going to make social media worse for teens.”The legislation’s signing sets the stage for another in a long string of court battles over state social media laws. States such as Arkansas, Florida, Louisiana and many others have passed laws clamping down on social media companies’ approach to teens.
Persons: Kathy Hochul, Vivek Murthy, ” Hochul, Letitia James, ” James, , Adam Kovacevich Organizations: CNN, New, Gov, New York Child Data, New York, of, Industry Locations: New York, , Arkansas, Florida , Louisiana, Ohio, Texas, Florida
The Bank of England held interest rates on Thursday at their highest level since 2008 even as inflation in Britain slowed to 2 percent in May, an important milestone. Policymakers kept rates at 5.25 percent, where they have been for 10 months. “It’s good news that inflation has returned to our 2 percent target,” Andrew Bailey, the governor of the Bank of England, said in a statement. This month, the European Central Bank cut rates for the first time in about five years but warned that it would take a cautious approach to future cuts. The U.S. Federal Reserve also indicated it would reduce rates just once this year, down from an earlier projection of three cuts.
Persons: ” Andrew Bailey, we’ve Organizations: of England, Bank of England, European Central Bank, U.S . Federal Locations: Britain
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