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Read previewIranian President Ebrahim Raisi died in a helicopter crash on Sunday — and the country's former foreign minister believes US sanctions were partly to blame. AdvertisementIran's former foreign minister, Mohammad Javad Zarif, said the US sanctions — which prohibit Iran from purchasing US-built planes — could be partly to blame. In a phone interview with state TV on Monday, Zarif said the sanctions prevent Iran from having good aviation facilities. Related storiesThe US has imposed various sanctions against Iran since the seizure of the US Embassy in Tehran in 1979. In 2009, a Bell 212 operated by Cougar Helicopters crashed off the coast of Newfoundland in Canada.
Persons: , Ebrahim Raisi, Raisi, Ahmad Vahidi, IRNA, ISNA, Mohammad Javad Zarif, Zarif, Farzin Organizations: Service, Business, State TV, Reuters, Bell, Iran International, ISNA News Agency, Washington Institute, The Washington Institute, Bloomberg, Cougar Helicopters, Post, United Arab Emirates, Safety, Iran's, of Foreign Affairs Locations: Iran, US, Iranian, Tehran, Canada, Louisiana, Newfoundland
A few years later she turned it into a business called UAE Trekkers, running weekend hikes while she continued teach English in the week. A lot of people don’t realize that there’s so much nature here – they’re blown away.”Amy Subaey, founder of UAE Trekkers. From this, UAE Trekkers developed a “student- centered” approach that caters to new hikers, from the classroom to the trails. UAE Trekkers’ hikes include a sunset trek across the Liwa desert in Abu Dhabi, a location used in “Dune Part Two.” UAETrekkers FZ LLCPlanning aheadBut even hikes aimed at beginners can require extensive planning. UAE Trekkers’ certified guides provide hikers with coaching on how to prepare for treks, what to bring and how to make the most of the experience.
Persons: Amy Subaey, , ” Subaey, ” Amy Subaey, Subaey, I’m, “ There’s, Organizations: CNN, United Arab Emirates, UAE, Warner Bros, , Subaey Locations: Minnesota, Bahrain, Egypt, Dubai, UAE, Dubai Subaey, Hatta, Sharjah, Fujairah, Oman, Abu Dhabi, Lima
CNN —Last week, travel and tourism industry representatives from more than 150 countries gathered at the annual Arabian Travel Market trade show, held this year in Dubai. There, CNN’s Eleni Giokos spoke with Julia Simpson, president of the World Travel and Tourism Council (WTTC), about trends in tourism in the Middle East, and the challenge of making travel more sustainable. We are here in the Middle East — this is the first time I’ve been to the Arabian Travel Market — but what’s interesting is everyone’s telling me they have never, ever seen it this busy. Simpson: Well, the GCC and Middle East is growing faster than any other region. Visitors and delegates at the Arabian Travel Market.
Persons: CNN’s Eleni Giokos, Julia Simpson, I’ve, Simpson, Saud, you’ve, We’ve, we’ve Organizations: CNN, Travel, Tourism Council, Arabian, GCC, Gulf Cooperation, United, Visitors, Oxford Economics Locations: Dubai, Abu Dhabi, Ras Al, Khaimah, United Arab Emirates, Saudi, Arabia, , Saudi Arabia, Oman, East, UAE, Gaza, Egypt
Millennium, Brevan Howard, Schonfeld, and ExodusPoint are just a few of the funds that have put roots down in either Abu Dhabi or Dubai. Meanwhile, Bridgewater's Ray Dalio bought a penthouse in Abu Dhabi as he compliments the country's policies. When one US-based hedge fund fundraiser met with Abu Dhabi officials late last year, he didn't expect much to come of it. He lauded everything from the Louvre outpost in Abu Dhabi to the warm weather to the responsiveness from government officials. A Bloomberg story on Abu Dhabi notes that it's fast-tracking country-club admissions for new wealthy immigrants.
Persons: , Brevan Howard, Schonfeld, Bridgewater's Ray Dalio, Austen Smart, Tighe, Smart, Alan Howard, Greg Coffey, Danny Yong, hoover, Doug Greenig, Morgan, Point72, Steve Cohen, Viking Global's Andreas Halvorsen, keynotes, Howard, Abu Dhabi, Craig Bergstrom, Bobby Jain's, Florin Court's Greenig, Abu, Floring Organizations: Service, United Arab Emirates, titans, Business, Tighe International, Florin Court Capital, Morgan Stanley's, Dubai Financial Services Authority, Abu, Abu Dhabi Investment Authority, Mubadala Investment Company, Corbin Capital, Abu Dhabi Global, Hong Kong, pats, Bloomberg Locations: Dubai, Abu Dhabi, London, New York, Mumbai, UAE, Asia, Switzerland, It's, Gaza, Iran, Palm, Europe, Cayman Islands, Jersey, Miami, San Franciso, Riyadh, Saudi
DUBAI, United Arab Emirates — Dubai-based carrier Emirates airline on Monday reported record annual profit of 17.2 billion dirhams ($4.7 billion) for the 2023-2024 financial year, up 63% from the year prior. The flag carrying airline of the UAE's glitzy commercial capital has enjoyed a consistently recovering travel sector, expanding its route network to meet booming demand. The latest figures from world's largest long-haul airline were the best in its history and were "driven by the voracious appetite for travel across customer segments," the Emirates Group said in a statement. Emirates carried 51.9 million passengers in the 2023-24 financial year, a 19% increase from the year prior, with reported seat capacity up by 21%. Revenue for the airline rose 13% to 121.2 billion dirhams and airline capacity increased by 20%, "closing [the] gap to pre-pandemic levels," the statement said.
Organizations: United Arab Emirates, Emirates, Emirates Group, Revenue Locations: DUBAI, United Arab, Dubai
Often referred to as the “city of dreams,” Mumbai draws migrants from across the country hoping to find wealth and success. Noemi Cassanelli/CNNThe Covid-19 pandemic only underscored the volatility of migrant workers’ circumstances when millions lost their jobs almost overnight and were forced to go home. The biggest group is in the United Arab Emirates, with 3.4 million NRIs, followed by 2.5 million in Saudi Arabia; next is the United States with 1.2 million. The massive group of disenfranchised migrant workers stands in sharp contrast to these achievements – with no solution in sight. That means for now, voting remains an unlikely reality for many migrant workers.
Persons: India CNN — Chanu Gupta, ” Gupta, Chanu Gupta, Noemi Cassanelli, , Gupta, , Organizations: India CNN, CNN, Nations, United Arab, , Workers Locations: Mumbai, India, Uttar Pradesh, Maharashtra, ” Mumbai, Bihar, Rajasthan, Gujarat, United Arab Emirates, Saudi Arabia, United States, United Kingdom, Dubai, NRIs
Floods in Brazil's Rio Grande do Sul have sparked a number of online conspiracy theories. Jefferson Bernardes/Getty Images"What's happening in Rio Grande do Sul is definitely not natural," one user wrote on X. Advertisementvapor trails — "chemtrails" — spread by the government and then activated by HAARP antennas in Alaska to alter the weather, AFP reported. In the 1990s, a conspiracy theory evolved that they contained dangerous chemicals purposely put in the trails. Advertisement"The warmer atmosphere can store much more water vapor, fueling more frequent and intense episodes of rainfall that lead to disasters like this," he said, while also dismissing the HAARP theory.
Persons: , Eduardo Leite, El Niño, Porto Alegre . Jefferson Bernardes, Hugo Chavez, Russell Brand, nesta, Gc4PiOiPv1 — Frederico Athia, Carlos Nobre Organizations: Service, National Institute of Meteorology, Research, AFP, BBC, Brazil's National Institute of Science, Technology, United Arab Emirates, University of Cambridge Locations: Brazil's Rio Grande do Sul, Rio Grande do Sul, Brazil, Porto Alegre ., American, Haiti, Alaska, Dubai
U.S. Energy Secretary Jennifer Granholm will visit Saudi Arabia and the United Arab Emirates next week to work on "climate co-operation" and other issues, two Biden administration officials told Reuters on Friday. The visit will run from Tuesday through Thursday, with Granholm visiting the UAE first, one of the officials said. "Specifically, for the Department of Energy, it will move forward work both countries are doing on climate cooperation and to diversify the energy economy." Saudi Arabia and UAE are both members of OPEC, which is debating whether to extend output cuts. Those talks are being led on the U.S. side by White House officials and the State Department, but not Granholm.
Persons: Jennifer Granholm, Granholm, Biden Organizations: Energy, Natural Resources, U.S . Department of Energy, . Energy, United Arab Emirates, Biden, Reuters, UAE, U.S, Department of Energy, Zero, White House, State Department Locations: Saudi Arabia, U.S, Qatar, UAE, Israel, Saudi, East
Sanction-hit Russian airlines are getting plane parts delivered in hand luggage, per the Financial Times. Flight safety incidents involving Russian planes have shot up, according to estimates. AdvertisementPassengers are carrying plane parts in their luggage to get them to sanction-hit Russian airlines, according to the Financial Times. Russian airlines are obtaining plane parts through a vast network of small suppliers, many of which are based in the United Arab Emirates, the FT reported. Meanwhile, the number of flight safety incidents involving Russian planes has more than doubled, from 37 in 2022 to 81 in 2023, according to the Jet Airliner Crash Data Evaluation Centre.
Persons: , Turboshaft didn't, Timur Badr, Arwed Richter Organizations: Financial Times, Service, United Arab Emirates, Business, Jet Locations: Moscow, Ukraine, UAE, Russian, Russia
United Nations CNN —A United Nations resolution in support of Palestinian membership passed with overwhelming support on Friday, and granted new privileges to the Palestinian Authority in its current capacity as a non-member observer state. Palestinian Ambassador to the United Nations Riyad Mansour at the UN in New York City on May 10, 2024. Eduardo Munoz/ReutersIn remarks before the vote, Palestinian ambassador Riyad Mansour spoke passionately about the plight of Palestinians in wartorn Gaza. Only member states can vote, but the Palestinian Authority can now be seated among member states in alphabetical order; submit and introduce proposals and amendments; and co-sponsor proposals and amendments. In September 2011, the Palestinian Authority failed to win UN recognition as an independent member state.
Persons: , , United Nations Riyad Mansour, Eduardo Munoz, Riyad Mansour, ” Mansour, Israel Katz, Mansour, United Nations Robert Wood, Wood, United Nations Gilad Erdan, Charly Triballeau, Gilad Erdan, ” Erdan, Farhan Haq, ” Haq Organizations: United Nations CNN, Nations, Palestinian Authority, United Arab, United Nations, Palestinian, UN, Reuters, Columbia University, Authority, Security, US, Assembly, Getty Locations: Hungary, Argentina, Micronesia, Nauru, Palau, Papua New Guinea, Israel, United States, United Arab Emirates, The State, Palestine, United, New York City, Gaza, Rafah, AFP, New York
The United States voted no. The 193-member General Assembly took on the issue of Palestinian membership after the United States in April vetoed a resolution before the Security Council to recognize full membership for a Palestinian state. The majority of Council members supported the move, but the United States said recognition of Palestinian statehood should be achieved through negotiations between Israelis and Palestinians. The Palestinians are currently recognized by the United Nations as a nonmember observer state, a status granted in 2012 by the General Assembly. They do not have the right to vote on General Assembly resolutions or nominate any candidates to U.N. agencies.
Persons: , Richard Gowan, Riyad Mansour, Gilad Erdan, Nate Evans, Gilad, Israel’s, Yahya Sinwar, Mr, Mansour Organizations: United Nations General Assembly, United Nations, United, United Arab Emirates, . Arab, Security, Washington, Security Council, International Crisis, Palestinian, , U.S, General Locations: Israel, United States, Palestinian, France, Gaza, U.S, South Sudan, Taiwan, Kosovo, Palestine, United
Saudi AI firm Alat would divest from China if the US requests it, CEO Amit Midha told Bloomberg. Saudi Arabia has been pouring billions into AI and semiconductor initiatives in an attempt to become a major hub. AdvertisementA new state-backed Saudi Arabian fund centered on semiconductor and AI technology has guaranteed that it would divest from China if Washington requests it. Officials have long portrayed China's access to AI and semiconductor technology as a national security threat. US officials have already had to mandate AI firms to divest from China, such as G42.
Persons: Amit Midha, , Midha, that's Organizations: Bloomberg, Service, Milken Institute Global Conference, Saudi Arabia's Public Investment Fund, Officials, Silicon, New York Times, United Arab Emirates, Microsoft Locations: Saudi, China, Saudi Arabia, Washington, Beijing, Alat
The UAE is boosting ties with China's air force. Major General Saleh Mohammed bin Mejren Al Ameri, commander of the UAE's Joint Operations, met with the commander of China's People's Liberation Army Air Force on April 23 to promote closer air force cooperation. Another even speculated Abu Dhabi may eventually seek China's premier stealth fighter: the fifth-generation J-20 Mighty Dragon. I don't see this relationship developing into something similar to what the UAE Air Force has with France or even Russia anytime soon." Furthermore, the Emirati air force fighter fleet is already large for such a small country, making it unlikely the L-15s will serve any combat role.
Persons: , General Saleh Mohammed bin Mejren Al Ameri, China's, Abu Dhabi, Abu, Abu Dhabi's, Ahmed Aboudouh, Aboudouh, Washington's hesitance, Fred Tanneau, Sebastien Roblin, Roblin, haven't, Russia's Su, Robin Organizations: Service, United, Liberation Army Air Force, Dassault Rafales, Chatham House, China Studies Unit, Emirates Policy Center, Rafale, Dassault Aviation, UAE Air Force, UAE, China hasn't, FC, Korea's KF, UAE . The Emirates, KF Locations: UAE, Washington, Beijing, United Arab Emirates, China, United States, Abu Dhabi, UAE's, France, Abu, Russia, Saudi, Pakistan, Ukraine
With 245 passenger planes and five 778 freighters on order, Emirates is Boeing's largest customer in terms of wide-body jets. Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021. Al Maktoum, who sits at the helm of the world's largest long-haul airline and helped launch it in 1985, echoed the sentiments of many other airline CEOs when it comes to expectations for Boeing. Asked if he had a message for the plane maker, Al Maktoum said: "I always say, you know, get your act together and just do it. The chairman did not indicate that Emirates would cancel the Boeing orders or move them to its French rival, Airbus .
Persons: We're, it's, Sheikh Ahmed bin Saeed Al Maktoum, CNBC's Dan Murphy, Bauer, Griffin, Al Maktoum Organizations: United Arab Emirates, Dubai's, Emirates, Arabian, Boeing, Los Angeles, Airport, Aaronp, CNBC, Airbus, Alaska Airlines Flight, National Transportation Safety Board, NTSB, Reuters Locations: DUBAI, United Arab, Dubai, Emirates, Los, Alaska, Portland , Oregon, U.S
Trade with Russia has slumped in the first quarter amid tightening US sanctions, the Financial Times said. After a December executive order bolstered its sanctioning power, the department has amplified warnings against foreign lenders that facilitate trade with Russia. At the same time, the US' crackdown has proliferated trade in the Russian ruble, as other currencies increasingly fall out of favor. That's as foreigners are still free to buy rubles on the Moscow Exchange when settling payments with Russian parties. AdvertisementStill, the ruble faces restricted convertibility, making it difficult to reach trade volumes once possible under the dollar.
Persons: , Vladimir Potanin, That's Organizations: Financial Times, Companies, Service, US Treasury Department, United Arab Locations: Russia, China, Turkey, Ankara, United Arab Emirates, Austria, Russian, Iran, Tehran, Moscow, UAE, dirhams
Mai Mahiu, Kenya CNN —When Julia Wanjiku put her son Isaac to bed last Sunday after a day celebrating his third birthday, she didn’t realize she was also saying goodbye. She was among the survivors gathering at Ngeya Girls High School in Mai Mahiu on Tuesday. A damaged car buried in mud in an area heavily affected by torrential rains and flash floods in the village of Kamuchiri, near Mai Mahiu, on April 29. Luis Tato/AFP via Getty ImagesPeople removing mud and water from their house in Mai Mahiu, Kenya, on April 29. Rescuers carry the body of a young man recovered in the debris following flooding, in Mai Mahiu, Kenya.
Persons: Mai Mahiu, Kenya CNN —, Julia Wanjiku, Isaac, Wanjiku, — Isaac, , ” Wanjiku, Isaac’s, Mai Mahui, It’s, Luis Tato, El, William Ruto, Kithure Kindiki, Isaac Mwaura, ” Ruto, Mark Laichena, , Simon Maina, Mwaura, Nyagoah Tut, James Wakibia, Joyce Kimutai, herder, Makau, “ I’m, ” Larry Madowo, Laura Paddison, CNN’s Louis Mian, Allison Chinchar, Mary Gilbert Organizations: Kenya CNN, CNN, Girls High School, Getty, Getty Images, , Kenyan, Space Agency European Space Agency, European Space Agency, Isaac Mwaura ., Communities, United Arab Emirates, Rights Watch, Kenya Meteorological Department, Human Rights Watch, Rescuers, Imperial College London’s Grantham Institute Locations: Kenya, Mai, Kenya’s, Nairobi, Mai Mahiu, Kamuchiri, AFP, Getty Images Kenya, Garissa, Tanzania, Tana, Mathare, New York, El, Nyagoah Tut Pur, Africa, East Africa, London
Israel has never been impressed with the US-made Patriot air defense system. AdvertisementIsrael has never been satisfied with its version of the Patriot air defense system that Ukraine views as essential to its survival. AdvertisementA Patriot air defense system test-fired during a training in Chania, Greece, on November 8, 2017. Israel previously refused a US request for its vintage Hawk missiles, long in storage and out of service, for Ukraine. Jordan requested the US deploy a Patriot missile on its soil in October and helped intercept the Iranian barrage on April 13.
Persons: Israel, , Israel wouldn't, Ryan Bohl, RANE, Israel isn't, Bohl, Anthony Sweeney, US Army Federico Borsari, Borsari, it's, Jordan Organizations: Scud, Patriots, Service, Israel, Patriot, East, US Army, Center for, Patriot PAC, Patriot's PAC, Analysts, United Arab, Israeli PAC Locations: Israel, Ukraine, Iran, Iraq, Syria, Iraqi, Russia, North Africa, Chania, Greece, United States, Jordan, United Arab Emirates, Bahrain, Saudi Arabia
A general view of the city skyline at sunset from Dhow Harbour on February 5, 2015 in Abu Dhabi, United Arab Emirates. DUBAI — Abu Dhabi artificial intelligence firm Presight bought a 51% stake in AIQ, a joint technology venture between the Abu Dhabi National Oil Company (ADNOC) and G42, a major Abu Dhabi-based AI and cloud company. The new ownership structure will see ADNOC holding 49% of the company and giving it a valuation of $1.4 billion, according to a joint company press release. ADNOC will in turn get a 4% stake in Presight, as it aims to integrate AI into more of its operations and services. AIQ uses AI and machine learning to improve processes in the oil and gas industry.
Persons: Presight, ADNOC, CNBC's Dan Murphy, Chris Cooper, We've, Cooper Organizations: United, United Arab Emirates, Abu Dhabi National Oil Company Locations: Harbour, Abu Dhabi, United Arab, DUBAI, AIQ, Presight, ADNOC
Israeli Prime Minister Benjamin Netanyahu has long sought relations with Saudi Arabia, home of Islam’s holiest sites, as the move could domino across the wider Muslim world. The first component includes a package of agreements between the US and Saudi Arabia, another component has the normalization of relations between Saudi Arabia and Israel, and a third component for a pathway to a Palestinian state. The subsequent Israeli assault on Gaza, which has left the enclave in ruins and killed more than 34,000 Palestinians, may have changed the parameters of the deal for Saudi Arabia, analysts say. However, there has been no indication that the Biden administration would opt to bypass Congress for the bilateral agreement with Saudi Arabia to pass. Saudi Arabia is rich in uranium deposits and has insisted on being able to enrich it domestically, which would be a first for an Arab state.
Persons: Benjamin Netanyahu, Matthew Miller, ” Miller, Antony Blinken, , Blinken, Prince Mohamed bin Salman, Netanyahu, Biden, Prince Faisal bin Farhan, Israel, Lindsey Graham, ” Graham, Firas Maksad, , Jamal Khashoggi, ” Maksad, Crown Prince, Karen Young, Edward J, Markey Organizations: CNN, State, Saudi, State Department, Abraham Accords, Israel, MBS, Saudi Foreign, Republican, Senate, Bahrain, Biden, Strategic Outreach, Middle East Institute, Washington DC, Congress, Washington Post, Crown, Columbia University’s Center, Global Energy, Neighboring United, Democratic, Nuclear Weapons, NATO Locations: Saudi Arabia, United States, Israel, Iran, Russia, China, Palestinian, Gaza, , Riyadh, Saudi, Washington, Turkey, “ Saudi Arabia, Emirates, Bahrain, U.S
The floods also killed at least 19 others in Oman, including 10 children whose school bus was swept away in the deluge. A driver navigates a flooded road following a rainstorm in Dubai on May 2, 2024. Scientists linked the record rainfall that hit the UAE and Oman two weeks ago to climate change. Over a period of less than 24 hours during that event, the UAE experienced its heaviest rainfall in since records began 75 years ago. Dubai experienced the equivalent of more than a year and a half’s worth of rain in that time.
Persons: Rouhana, Abu Dhabi, CNN’s Brandon Miller Organizations: United Arab Emirates CNN — Emirates, United Arab Emirates, REUTERS, CNN, Residents, Authorities, UAE Locations: Abu Dhabi, Dubai, Oman, UAE, Ras Al, Khaimah, Abu, El
Gazan journalists told CNN they are haunted by their colleagues’ deaths, as they balance the emotional labor of covering the war with trying to protect their families. Israel launched a military assault on Gaza on October 7 after the militant group Hamas, which governs Gaza, killed at least 1,200 people in Israel and abducted more than 250 others. After nearly seven months of war, Abu Dagga told CNN that she, too, wants to leave. The photojournalist for Turkish state broadcaster TRT told CNN he had been traveling through the neighborhood, after being displaced from the local refugee camp. We hope that God will bring him back to us safely.”Whether they report from within the enclave, or elsewhere, Palestinian journalists told CNN they could not turn away from the horrors unfolding in Gaza.
Persons: CNN —, ” Dr, Mahmoud Abu Nujaila, Médecins, Israel, Wael Al, , Mariam Abu Dagga, ” Al, Hamza Al, , Abu Dagga, , Heath, ” Mariam Abu Dagga, Khan Younis, Mohammad Ahmed, Shrapnel, Ahmed, Nobody, ” Ahmed, Adnan, what’s, ” Mohammad Ahmed, Ibrahim Dahman, Rasha, – Zeid, Khalil, ” Dahman, Dahman, Sheikh Radwan, ” Ibrahim Dahman, Saeed Al, Taweel, Alaa Abu Mohsen, Al, Saeed, ” Mohsen, Mahmud Hams, Saba, ‘ Saeed, ’ ”, Jaafrawi, Nidal, Haitham Abdelwahed, Wahidi, Erez, Beit, Mohammed Soboh, Arafat Barbakh, Fadi Wael Abdel Karim Al, ’ ” Fadi, Fadi Organizations: CNN, Awda, Protect Journalists, Independent, AFP, Getty, , Press, Borders, Israel Defense Forces, IDF, Hamas, Ministry of Health, United, United Arab Emirates, TRT, Al, Wafa, Saba Al, Amnesty International, Amnesty, Reuters, Cross Locations: Jabalya, Gaza, Israel, Rafah, ” Al Jazeera's Gaza, Palestine, United Arab, Khan, Egypt, Turkish, Gaza City, Sheikh Radwan, Wadi Gaza, Giza, Cairo, Sheikh, Phoenix, AFP, Israeli
“The use of such chemicals is not an isolated incident, and is probably driven by Russian forces’ desire to dislodge Ukrainian forces from fortified positions and achieve tactical gains on the battlefield,” it said. Russia has previously denied using chemical weapons. The US has previously warned Russia against chemical warfare in Ukraine; in March 2022, a month after the invasion began, President Joe Biden said that NATO would respond if Russia used chemical weapons in Ukraine. The use of chemical weapons is banned by international law. Russia has signed those treaties and claims it doesn’t have chemical weapons, but the country has already been linked to the use of nerve agents against critics in recent years.
Persons: Ukraine’s, Chloropicrin, Joe Biden, Mallory Stewart, Sergei Skripal, Alexey Navalny –, Vladimir Putin, Navalny Organizations: CNN, US State Department, Ukrainian, Chemical Weapons Convention, CWC, Russian Embassy, CDC, State Department, United, United Arab Emirates, US, NATO Locations: United States, Russia, Ukraine, Russian, Netherlands, China, Azerbaijan, Belgium, Slovakia, Turkey, United Arab, Moscow, Ukrainian, Siberia
CNN —The United States imposed sanctions on more than a dozen companies in China and Hong Kong for their support of Russia’s war in Ukraine as part of a tranche of nearly 300 new sanctions unveiled Wednesday. “The almost 300 targets being sanctioned by both Treasury and the Department of State include sanctions on dozens of actors that have enabled Russia to acquire desperately needed technology and equipment from abroad,” the Treasury Department said in a news release. The sanctions also hit targets within Russia, as well as Azerbaijan, Belgium, Slovakia, Turkey and the United Arab Emirates. The sanctions are aimed at cracking down on sanctions evasion and support for Russia’s military-industrial base and its biological and chemical weapons programs. The Treasury Department also targeted those involved in providing precursor materials to Russia used in explosives.
Persons: Janet Yellen, Antony Blinken, Organizations: CNN, Ukraine, Treasury, Department of State, Treasury Department, United, United Arab Emirates Locations: United States, China, Hong Kong, Ukraine, Russia, Azerbaijan, Belgium, Slovakia, Turkey, United Arab
It is aiming to be the first high-income country to reach net zero emissions in 2035 and net negative by 2040. Denmark, which the World Happiness Report recognized as the world's second-happiest country, is targeting net zero by 2045 — and net negative by 2050. Thierry Monasse | Getty Images News | Getty ImagesDanish Climate Minister Lars Aagaard said the need for negative emissions was clear. He added that Denmark's ability to achieve net negative emissions would hinge upon policies implemented over the next five to seven years. Sopa Images | Lightrocket | Getty Images
Persons: Sergei Gapon, Thierry Monasse, Lars Aagaard, Denmark's Aagaard, , Stefano Guidi, Donald Trump, Joe Biden, Trump, Biden, Kai Mykkänen, Mykkänen, Moscow … Organizations: Afp, Getty, Atlantic ., Agriculture Ministers, CNBC, Lars Aagaard Danish Climate, United Arab Emirates, Union, Nationalist, Former U.S, Finnish Climate Locations: Copenhagen, Denmark, Atlantic, Atlantic . Finland, Finland, Brussels, Belgium, Lars Aagaard Danish, Panama, Europe, Germany, France, Turin, Italy, U.S, November's, Paris, Finnish, Helsinki, Montreal, Beijing, Moscow, of Finland, Neva Guba
Jeff Zucker’s bid for Tory titan-hood has come to an end. The media executive on Tuesday formally abandoned his attempt to take the reins of London’s Daily Telegraph, bailing out after British political and news leaders balked at Mr. Zucker’s reliance on Emirati financiers to bankroll the effort. Mr. Zucker’s venture company, RedBird IMI, had sought government approval to complete a debt-for-equity deal that would hand it control of The Telegraph and its sister magazine, The Spectator. Because of the withdrawal, other prospective owners may now attempt to purchase the publications. “Our ownership would have seen the strongest editorial protections ever put forward for a U.K. newspaper, along with much-needed investment,” a RedBird IMI spokesperson said in a statement.
Persons: Jeff Zucker’s, , Sheikh Mansour bin Zayed al Nahyan Organizations: London’s Daily Telegraph, Mr, RedBird IMI, The Telegraph, The, IMI, The Spectator, RedBird, Media Investments, United Locations: Abu Dhabi, United Arab Emirates
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