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Read previewSome NATO countries are encouraging their allies to be bolder when it comes to sending their own soldiers to Ukraine. Many NATO countries have aided Ukraine since Russia launched its full-scale invasion in February 2022, by providing weaponry and training of troops. However, some Western and Ukrainian officials believe that training Ukrainian soldiers on their own territory would be more efficient, the FT reported. Instructors from the Norwegian Home Guard train alongside Ukrainian soldiers in Norway in August 2023. Kallas said that even if NATO soldiers were attacked by Russia while in Ukraine, it wouldn't automatically trigger Article 5, NATO's collective defense clause.
Persons: , Kaja Kallas, Jonathan Nackstrand, Kallas, It's, Volodymyr Zelenskyy, Kaja, Andrew Kravchenko Kallas, Emmanuel Macron, Macron, Antoine Gyori, Ingrida Šimonytė Organizations: Service, NATO, Business, Financial Times, Norwegian Home Guard, Getty, Ukraine, Estonia's, AP, Russia, Kremlin Locations: Ukraine, Russia, Estonia, Norway, AFP, Europe, Zhytomyr, France, Western, Lithuanian
As a guidebook writer, I've had the opportunity to explore Greece's hidden-gem locations. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen travelers think about Greece, they probably think of hot spots like Athens, Santorini, and Mykonos. Fortunately, I've spent 15 years writing guidebooks about Greece so I know a lot of great hidden gems. This story is available exclusively to Business Insider subscribers.
Persons: I've, Rhodes, Symi, Organizations: Service, Business Locations: Peloponnese, Greece, Athens, Santorini
German automaker BMW imported at least 8,000 Mini Cooper vehicles into the United States with electronic components from a banned Chinese supplier, a U.S. Senate report released on Monday said. A report by Senate Finance Committee Chairman Ron Wyden's staff said BMW imported 8,000 Mini Coopers with parts from a Chinese supplier banned under a 2021 law and that BMW continued to import products with the banned parts until at least April. BMW Group said in an email it had "taken steps to halt the importation of affected products." The report found that Bourns Inc, a California-based auto supplier, had sourced components from Sichuan Jingweida Technology Group (JWD). That Chinese company was added to the UFLPA Entity List in December, which means its products are presumed to be made with forced labor.
Persons: Ron Wyden's, Wyden Organizations: BMW, U.S, Senate, Senate Finance, Coopers, BMW Group, Labor, Customs and Border Protection, Inc, Sichuan Jingweida Technology Locations: Leipzig, Germany, United States, China's Xinjiang, China, California, Sichuan
Read previewIn January 2025, Donald Trump may be sworn into office as the 47th President of the United States. Another Trump term, on the other hand, would likely entail a radical reversal from not just the previous four years, but even from Trump's first term in office. While not exhaustive, here's just some of what to expect in a second Trump administration. Miller told The New York Times that a second Trump administration would build "vast holding facilities that would function as staging centers" on "open land in Texas near the border." According to Bloomberg, Trump wants to extend those cuts in a second term.
Persons: , Donald Trump, Joe Biden, Biden, Trump, Trump's, That's, mifepristone, Stephen Miller, Miller, Alex Wong, Nixon, shouldn't, he's, Israel, there's Organizations: Service, Business, Trump, The New York Times, Heritage Foundation's, Senate, Federal Communications Commission, Federal Trade Commission, Federal Reserve, Congress, TIME, Republican, National Guard, United, Department of Justice, Capitol Police, Atlantic Treaty Organization, State Department, Pentagon, Bloomberg, American, Security, Social Security, CNBC Locations: United States, Texas, CPAC, China, Ukraine, Gaza, Israel, Europe, Washington ,
North Korea's military, the fourth-largest in the world, remains shrouded in mystery. Both men and women are required to serve in the military in North Korea. Kim Jong Un, the supreme leader of North Korea, has no formal military training. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementLittle is known about life inside the "hermit kingdom" of North Korea.
Persons: Kim Jong Un, Organizations: Service, Business Locations: North Korea, China, India, United States
Don't overlook the the financial sector as the stock market trends higher, according to Oakmark Funds portfolio manager and noted value investor BIll Nygren. The Dow Jones Industrial Average closed above 40,000 for the first time on Friday, while both the Nasdaq Composite and S & P 500 entered Monday after four-week-long rallies. Despite the financial sector outperforming the broader market, banking and consumer finance stocks are cheaper compared to all S & P 500 companies, according to Nygren. The Financial Select Sector SPDR Fund (XLF) , which tracks the S & P 500 financials index, has returned 12.6% in 2024, including reinvested dividends, while the S & P 500 has returned less than 11.8%. His portfolio's top holdings include some of the country's largest banks, such as Citigroup and Wells Fargo , as well as regional banks like First Citizens .
Persons: BIll Nygren, Nygren, CNBC's Organizations: Dow Jones, Nasdaq, Citigroup Locations: Wells Fargo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran helicopter crash: Foreign policy won't really change, analyst saysSanam Vakil, director of the Middle East and North Africa Programme at Chatham House, discusses what the deaths of Iranian President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian might mean for the country's foreign policy.
Persons: Sanam Vakil, Ebrahim Raisi, Hossein Amirabdollahian Organizations: Iran, North Africa, Chatham House Locations: East, Chatham
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
The President of Islamic Republic of Iran Seyyed Ebrahim Raisi during the meeting with Secretary-General Antonio Guterres UN Headquarters. Lev Radin | Lightrocket | Getty ImagesThe sudden death of Iranian President Ebrahim Raisi in a helicopter crash plunges Tehran into fresh uncertainty at a time when it already faces deep economic decline, popular discontent, and war. The helicopter carrying President Raisi suffered a hard landing on Sunday while returning from Azerbaijan in poor weather conditions, Iranian state media reported on Monday. "That interim presidency ... [is] going to potentially pave the way for even more IRGC control over policies." "When it comes to the relationship with the U.S., and likely [with] Israel, nothing is really going to change there.
Persons: Islamic Republic of Iran Seyyed Ebrahim Raisi, Antonio Guterres, Lev Radin, Lightrocket, Ebrahim Raisi, Raisi, Hossein Amirabdollahian, Yemen's, Ayatollah Khamenei, Mohammed Mokhber, Nader Itayim, Itayim, Joe Biden Organizations: Islamic, Antonio Guterres UN, Iran's, Hamas, Hezbollah, Islamic Revolutionary Guard Corps, Iranian, Guardian Council, Argus Media, U.S, Palestinian Locations: Islamic Republic of Iran, Tehran, Azerbaijan, Lebanese, Iran, Mideast, Israel, U.S, Gaza
US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. Olivier Douliery | AFP | Getty ImagesThe Biden administration fixes to the country's $1.6 trillion student loan system have resulted in regular announcements to forgive large shares of that debt. In total, the U.S. Department of Education has canceled almost $160 billion in federal student loan debt for nearly 4.6 million borrowers while President Joe Biden has been in office. Here what to know about the aid programs that have led to that relief. Income-driven repayment plansPublic Service Loan ForgivenessNavigating the Public Service Loan Forgiveness program has been famously difficult.
Persons: Joe Biden, Education Secretary Miguel Cardona, Olivier Douliery, Biden, George W, Bush, Federal Perkins Organizations: Education Secretary, White, AFP, Getty, U.S . Department of Education, Public, Consumer Financial, Family Education, Federal, Federal Perkins Loans, Education Department Locations: Washington ,
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Spirit Airlines is doing away with both change and cancellation fees, effective immediately, days after Frontier's similar announcement, part of an overhaul of the country's biggest discount carriers' longtime strategy. Ancillary revenue routinely surpasses those airlines' ticket prices. Most larger rivals such as Delta , American , Alaska and United got rid of change fees during the pandemic except for the cheapest, most restrictive tickets. Along with getting rid of change fees, Frontier also announced Friday that it will start offering bundles that include add-on options such as early boarding and checked baggage that they previously offered a la carte.
Persons: Matt Klein, Joe Biden, Biden Organizations: Spirit Airlines, Austin, Bergstrom International Airport, CNBC, Southwest Airlines, Frontier, Department of Transportation, Spirit Locations: Austin , Texas, Delta, Alaska, United
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeath of Iran president & foreign minister unlikely to change country's foreign policy significantlyAli Ahmadi from the Geneva Center for Security Policy expects fallout from the death of Iran President Ebrahim Raisi to be "rather contained".
Persons: Ali Ahmadi, Ebrahim Raisi Organizations: Geneva Center for Security Locations: Iran
Read previewIranian President Ebrahim Raisi has died after a helicopter crash in northwestern Iran, multiple news agencies reported, citing Iranian state media. Interior Minister Ahmed Vahidi told IRNA, Iran's state-run news agency, that a helicopter carrying Raisi and other senior Iranian officials was forced to make a "hard landing" on Sunday, without providing further details. Related storiesIran's foreign minister, the governor of Iran's East Azerbaijan province, and other officials were also on board the helicopter. Raisi is considered a "hard-liner" and a "protégé" of Iranian Supreme Leader Ayatollah Ali Khamenei. Raisi has led Iran through heightened tensions in the region, including the conflict between Israel and Hamas in Gaza.
Persons: , Ebrahim Raisi, Ahmed Vahidi, IRNA, Mohammad Mokhber, Al, Mokhber, Raisi, Ayatollah Ali Khamenei Organizations: Service, Business, Raisi, Associated Press, Iranian, United, United States Institute of Peace Locations: Iran, Iran's, Iran's East Azerbaijan province, Azerbaijan's, Al Jazeera, Israel, Gaza, Iranian, Damascus, United States, Russia, Ukraine
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIs economic crisis causing Bhutan to rethink Gross National Happiness? 'Yes and no' says prime ministerBhutan's Prime Minister Tshering Tobay talks about using "GNH 2.0" to balance the country's economy with its environmental, cultural and governmental ethos, reports CNBC's Monica Pitrelli.
Persons: Tshering Tobay, CNBC's Monica Pitrelli Locations: Bhutan
Read previewFor decades, Detroit was an international symbol of urban decay: abandoned neighborhoods, decrepit former factories, and a population exodus. From July 2022 to July 2023, the US Census Bureau says Detroit's population grew by close to 2,000 residents, bumping the city's population to 633,218. AdvertisementWith Detroit's latest population numbers, the city also jumped from the 29th-largest to the 26th-largest city in the United States, overtaking Memphis, Louisville, and Portland. Detroit's numbers are still far from 1950, when the city's population peaked at about 1.85 million. Back then, it was the fifth-largest city in the United States, behind only New York, Chicago, Philadelphia, and Los Angeles.
Persons: , There's, it's, Mike Duggan, Duggan Organizations: Service, Detroit, Business, Bureau, Memphis, Sun Belt, Associated Press Locations: Detroit, United States, Louisville, Portland, New York, Chicago, Philadelphia, Los Angeles . Detroit, Michigan's
A helicopter with Iranian President Ebrahim Raisi on board "crashed upon landing" on Sunday, state media reported, with weather conditions complicating rescue efforts. "President Raisi was returning from a ceremony to open a dam on Iran's border with Azerbaijan when his helicopter crashed upon landing in Varzaqan region," it said. Iran's foreign minister, Hossein Amir-Abdollahian, was also traveling in the helicopter, along with East Azerbaijan's governor, Malik Rahmati, and Raisi's security detail, it said. State TV IRIB said the helicopter belonged to the Iranian Red Crescent, which Iran's interior minister Ahmad Vahidi said was part of a convoy. Under Raisi, Iran now enriches uranium at nearly weapons-grade levels and hampers international inspections.
Persons: Ebrahim Raisi, IRNA, Raisi, Hossein Amir, Malik Rahmati, IRIB, Ahmad Vahidi, Ayatollah Ali Khamenei, Yemen's Organizations: United Nations General Assembly, East, East Azerbaijan province —, Iran's, Hamas, Hezbollah Locations: New York City, U.S, East Azerbaijan province, Tehran —, Azerbaijan, Varzaqan, Iran, Tehran, Iraq, Raisi, Russia, Ukraine, Israel, Gaza
Indian authorities have seized over $1 billion in cash, drugs, and goods in the country's elections. The amount has surpassed the total seized during the whole of the last general election in 2019. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Election Commission of India (ECI) said it has seized 88.9 billion rupees, or around $1.1 billion, in drugs, cash, and other goods like precious metals and liquor as part of its efforts to stamp out illegal vote inducements in the country's general election.
Persons: Organizations: Service, of India, Indian government's Press, Business
Remainings of houses damaged by the flood are pictured in Firozkoh the capital city of Ghor Province, Afghanistan, May 18, 2024. REUTERS/StringerMore heavy rains in Afghanistan have triggered flash floods, raising the death toll to 84 in the country's north following weeks of devastating torrents that had already left hundreds dead and missing, a Taliban spokesman said Sunday. The new round of heavy rains and floods hit four districts in Faryab province Saturday night, leaving 66 dead, five injured and eight missing. Afghanistan has been witnessing unusually heavy seasonal rains. Last week, the World Food Program said the exceptionally heavy rains in Afghanistan had killed more than 300 people and destroyed thousands of houses, mostly in the northern province of Baghlan.
Persons: Stringer, Esmatullah Moradi, Moradi, Abdul Wahid Hamas, Ghor Organizations: REUTERS, Food Program Locations: Ghor Province, Afghanistan, Faryab, Ghor, Baghlan, Farah, Herat, Zabul, Kandahar
A new video shows Ukraine's special forces navigating enemy fire to transport reinforcements to Chasiv Yar. The Kraken unit, formed by Azov Brigade veterans, has become one of the country's best-known units. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOne of Ukraine's special forces units has revealed what it takes to replenish frontline troops under constant enemy shelling.
Persons: Chasiv Yar, , Vadym Skibitsky Organizations: Azov Brigade, Service, Defense Intelligence, Business Locations: Russia, Ukraine
Read previewAfter years of sellers calling the shots in the real-estate market, the balance may finally be tipping towards homebuyers in some US cities. But with fewer prospective buyers in the market for homes, home prices are now declining in several cities across the US. Related storiesThe trend, has led many sellers to lower their prices — though prices still remain significantly higher than a decade ago. As homes linger on the market, sellers are reducing their prices to draw buyers, she added. "It's definitely a buyers' market right now," Boatright said.
Persons: , Nicole Marburger, Austin, Marburger, homebuyers, Sellers, San Antonio —, Mercy, Boatright, I've Organizations: Service, homebuyers, Business, National Association of Realtors, Lone Star State, Austin, Austin and New Braunfels, Real, Hunters Locations: United States, San Antonio, New Braunfels, — New Braunfels, Austin, Austin and New, Texas, Braunfels, homebuyers
Our money was worth more back then, so we got more value for our Canadian dollar when we went shopping in the States. She was an American living in Atlanta and said, "Hey, why don't you come and spend the winter with me?" It almost seemed like Canada was 10 or 20 years behind, progressive-wise — and I don't mean politically. The amenities, the shopping, the food, and the restaurants in Canada are way behind if you're outside Vancouver or Toronto. I don't see why Canada is so appealing to AmericansCanada used to be an admired country worldwide, and now it's horrible.
Persons: , Jim D, Zeppelin, Mason, Dixon, I've, I'm Organizations: Service, Business, Fort Frances, Gas, Toyota, Healthcare, Ontario Health Insurance Locations: Canadian, Arizona, Flagstaff, Phoenix, Fort Frances , Ontario, International Falls , Minnesota, America, Fort, Minnesota, Africa, Tanzania, Canada, American, Atlanta, Vancouver, Toronto, Birmingham , Alabama, New Orleans, Baton Rouge , Louisiana, Jackson , Mississippi, Houston, Texas , New Mexico , Arizona , California, Hawaii, Ontario, United States, In Ontario, Fort Frances, Thunder Bay , Ontario, Thunder, Thunder Bay
The middle class is more of a club than an income bracketThe ranks of middle-income earners have been shrinking, according to the Pew Research Center. A solid chunk of millionaires consider themselves middle class, despite accounting for just over 12% of American families. And there's good reasons," Lawrence R. Samuel, the author of the book "The American Middle Class: A Cultural History," told Business Insider. "Being middle class is almost like classless. Clinging to at least the mirage of the middle class might be important to upholding more core American ideals.
Persons: , they're, Claire Tassin, Tassin, they'd, ALICE, Amanda, She's, there's, Rakesh Kochhar, That's, Kochhar, Lawrence R, Samuel, we're Organizations: Service, Business, Pew Research, Pew Research Center Locations: America, Texas
Much of the war in Ukraine has gone poorly for Russia. But Russian President Vladimir Putin's war machine looks very different today than it did at the start of the conflict. The Russian military continued to suffer from other problems in the first year of fighting, racking up troop and equipment losses while failing to capture significant amounts of Ukrainian territory. AdvertisementThe following month, a top US official and general said, respectively, that the Russian military was "almost completely reconstituted" and had "grown back" to its pre-war strength. The employment of glide bombs to support ground maneuver is the primary example of how Russia's military is successfully learning from its past shortcomings, Barros said.
Persons: , Vladimir Putin's, Putin, Vladimir Putin, Miguel Diaz, Canel, Maxim Shemetov, George Barros, Russia's, Stringer, They've, Chris Cavoli, Andrei Belousov —, Sergei Shoigu, Barros, It's, Andrei Belousov, VYACHESLAV PROKOFYEV, Oleksandra Novosel, Biden, Sergey Pivovarov, Mick Ryan, Jack Watling Organizations: Service, Business, Cuban, Institute for, Ukraine, REUTERS, Allied, US European Command, Sputnik, Security, Defense, Getty, JSC, UA, PBC, 42nd Separate Mechanized Brigade, Russian, Kharkiv, Royal United Services Institute Locations: Russia, Moscow, Ukraine, Ukraine —, , Russian, Kharkiv, Kherson, Robotyne, Ukraine's Zaporizhzhia, Soviet, Shevchenkivskyi, Avdiivka, Washington, Russia's Rostov, Australian, Kyiv
I feel so fulfilled by my life in Finland. I was introduced to cross-country skiing when I moved to Finland five years ago, and now it is one my favorite hobbies." Finland is the first place I lived after college and the first place my husband and I lived together. You can follow her journey and life in Finland on Instagram or TikTok. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Jade Ventoniemi, I've, Ventoniemi, Jade Organizations: Southern, NCAA, CNBC Locations: Finland, U.S, Florida, States, Lapland, Kuusamo, Southern USA, American, Lahti
Narendra Modi, India's prime minister, center, during a campaign rally in Agra, Uttar Pradesh, India, on Thursday, April 25, 2024. Photographer: Prakash Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesA decade into power, India's Prime Minister Narendra Modi appears set to secure a rare third term, with the general elections now underway. Opposition 'witch hunt'Ahead of the elections, India's main opposition — the National Congress party — accused the Modi government of freezing its bank accounts. "This is a criminal action on the Congress party done by the prime minister and the home minister," said Congress leader Rahul Gandhi in a fiery attack. "During Manmohan Singh's time, India was also growing very fast," he added, referring to the economic reforms under the former prime minister in the 1990s.
Persons: Narendra Modi, India's, Modi, Prakash Singh, Asim Ali, Ali, Milan, Modi's, , Rahul Gandhi, Chietigj Bajpaee, Arvind Kejriwal, consecrating, Ronojoy Sen, Neelanjan Sircar, Manmohan Singh's, Sircar Organizations: Bloomberg, Getty Images Bloomberg, Getty, India's, East, CNBC, Dem, Freedom House, Carnegie Endowment, International Peace, Newsweek, Bharatiya Janata Party, National Congress, South Asia, Chatham House, Aam Aadmi Party, Modi's BJP, BJP, Institute of South Asian Studies, Centre for Policy Research Locations: Agra, Uttar Pradesh, India, East Asia, New Delhi, Sweden, U.S, Milan Vaishnav, South Asia, Gujarat, Ali, Delhi, Lok, Ayodhya, Ayodhya —, BJP
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