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☆ China rocket launch creates cloud of space debris in low-Earth orbit
▼ + stars: | 2024-08-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —One of China’s Long March 6A rockets has broken apart in low-Earth orbit and created a debris cloud consisting of hundreds of pieces, according to multiple space debris-tracking entities. And the reason for the rocket breakup remains unknown. Everything in low-Earth orbit travels at 17,500 miles per hour, Crassidis said. It’s the second time one of these rocket bodies has experienced a significant breakup event in low-Earth orbit, according to Victoria Heath, associate director of marketing and communications for LeoLabs. “Events like this highlight the importance of adherence to existing space debris mitigation guidelines to reduce the creation of new space debris and underscore the need for robust space domain awareness capabilities to rapidly detect, track, and catalog newly-launched space objects so they can be screened for potential conjunctions.”

Persons: China’s, SpaceX’s, “ USSPACECOM, ”, Rob Margetta, LeoLabs, John L, Crassidis, “, It’s, Victoria Heath, Audrey Schaffer Organizations: CNN, Taiyuan Satellite, Shanghai Spacecom, Satellite Technology, Space Command, US Department of Defense, NASA, International, Network, University, Buffalo’s School of Engineering, Applied Sciences, LeoLabs, Aerospace Locations: Taiyuan, Shanghai, Victoria

☆ How a Trump 2.0 presidency could threaten dollar dominance, according to a think tank
▼ + stars: | 2024-07-12 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

If elected, Donald Trump has promised to maintain the dollar as the world's reserve currency. But his policies risk deteriorating faith in the greenback, according to one think tank. At number 13, the former president pledged to keep the US dollar in place as the world's main reserve currency. But a second Trump term might actually erode greenback's dominant role, wrote Mark Sobel, US chair of the Official Monetary and Financial Institutions Forum. During his first term, Trump threatened to leave NATO and took the US out of key agreements, such as the Iran nuclear deal, Paris Climate Accord and Trans-Pacific Partnership, Sobel wrote.

Persons: Donald Trump, OMFIF, —, Donald Trump's, Mark Sobel, Sobel, Trump, Biden Organizations: Service, Republican National, Trump, Monetary, Financial, Treasury, Social Security, NATO, Paris Climate Accord, Pacific Partnership Locations: Iran, Paris

☆ France is set for its most consequential election in decades. Here’s what you need to know
▼ + stars: | 2024-06-27 | by ( Christian Edwards | ) edition.cnn.com time to read: +12 min

CNN —France’s snap parliamentary election is one of the most momentous in decades, for both the country and the rest of Europe. Politicians rarely call an election when their party trails in the polls and there is no need to do so. Although Macron was elected to a second presidential term in 2022, his party failed to win an outright parliamentary majority. One theory about why Macron called an election now is that France might soon have been forced to the polls anyway. With Le Pen seeming increasingly likely to succeed him as president in 2027, this election may force her party to take up responsibility beforehand.

Persons: CNN —, Emmanuel Macron, he’ll, ” Kevin Arceneaux, …, France’s, Macron, Pen, Antonio Masiello, –, Laure Boyer, Hans Lucas, Gabriel Attal – Macron’s, Jordan Bardella, Bardella, Le Pen, Denis, Eric Ciotti, Jordan Bardella's, Julien De Rosa, Jean, Luc Mélenchon, Raphaël, Sylvain Thomas, Mujtaba Rahman, “, Rahman, ”, Jordan, we’re, Macron –, I’m Organizations: CNN, Paris hamstrung, –, Sciences Po, Fifth, Assembly, National Assembly, Palais Bourbon, Getty, Sorbonne university, Socialists, New, Eurasia Group Locations: Europe, France, Paris, Fifth Republic, Italy, AFP, Seine, Montpellier, Brussels, Ukraine, Kyiv, Russia

☆ NASA Lucy mission: A space rock got a moon after sun-driven quake
▼ + stars: | 2024-05-31 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

CNN —Astronomers were in for a surprise when NASA’s Lucy mission flew by an asteroid named Dinkinesh in November and spotted a contact binary — two smaller space rocks that touch each other — orbiting the asteroid like a moon. “Basically, the planets formed when zillions of smaller objects orbiting the Sun, like asteroids, ran into each other. The Lucy mission captured additional imagery revealing that the asteroid Dinkinesh’s moon is actually two space rocks that are touching one another. Too distant to be seen in detail with telescopes, the asteroids will get their close-up when Lucy reaches the Trojans in 2027. The mission borrows its name from the Lucy fossil, the remains of an ancient human ancestor discovered in Ethiopia in 1974.

Persons: NASA’s Lucy, Dinky ”, ”, Hal Levison, Lucy, Dinkinesh, Goddard, Johns Hopkins, Keith Noll, Jessica Sunshine, ” Levison, Sunshine, Selam, “ I’m, “, NASA Galileo, Ida, Lucy’s, NASA Lucy, ” Sunshine, Dinky Organizations: CNN —, Southwest Research, NASA, Goddard Space Flight, University of Maryland, College Locations: Boulder , Colorado, Greenbelt , Maryland, Dinkinesh, Ethiopia, Jupiter

☆ Dubai Old Town: Dubai’s ‘soul’ is about more than historic buildings
▼ + stars: | 2024-05-27 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +11 min

So in 2016, Badran set up her own tour company, Wander with Nada, to “show a different side of Dubai” to travelers. Her bespoke private tours are designed to suit the interests of each visitor, but her favorite itinerary is Dubai’s “old town,” a group of small neighborhoods around Dubai Creek where the city began and Badran spent her childhood. Badran leads me through the narrow alleys around the Dubai Old Souk, home to stores run by Indian-origin families. Stores in Old Dubai Souk. “Dubai is about opening your mind,” Badran says, “and embracing this diversity that makes it unique.”

Persons: Nada Badran, Badran, “, ”, Nada, Rebecca Cairns, Al Maktoum, Sheikh Mohammed bin Rashid Al Maktoum, Al Talli, There’s, —, it’s, ” Badran, Al Shindagha, Al, Djamel Boussaa, ” Boussaa, hasn’t, Rashid Haghaght, Al Karama, ” “ Organizations: CNN, “, United Arab Emirates, Dubai, Heritage, UNESCO, Al Shindagha, Trading Locations: Florence, Dubai, The, Arabian, “ Dubai, ”, Rome, Athens, Edinburgh, UAE, Oman, today’s Iraq, Bani Yas, Al Shindagha, Suadna, South, West Asia, Al, Saudi Arabia, Al Fahidi, Jordan, Deira, Isfahan, Old Dubai, Abu Dhabi, Sharjah, Al Rigga, Souk, Old Dubai Souk, Jebel Ali, Iran, India, China

☆ Former German Spy Chief Founds New Right-Wing Party
▼ + stars: | 2024-02-17 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

By Thomas Escritt and Sarah MarshBERLIN (Reuters) - A former German spy chief who was sacked after being accused of averting his eyes to the threat posed by the far-right founded a new right-wing party on Saturday, holding an inaugural party congress on a boat near Germany's old capital Bonn. The Werteunion, or Values Union, is headed by Hans-Georg Maassen, who was dismissed as head of Germany's Office for the Protection of the Constitution (BfV) in 2018. A former member of the opposition Christian Democrats, Maassen is himself now being monitored by the security agency he ran, he said last month. Maassen said on social media platform X, posting a photo of himself and colleagues in front of a German flag on the boat. Earlier this year, leftist politician Sahra Wagenknecht founded a new left populist party.

Persons: Thomas Escritt, Sarah Marsh BERLIN, Hans, Georg Maassen, Maassen, Heinrich XIII Prince Reuss, Sahra Wagenknecht, Sarah Marsh, Matthias Williams, Sharon Singleton Organizations: Values, Christian Democrats, Social Democrats Locations: Bonn, Germany, Chemnitz

Over the last several years, such upstart consumer brands have been gaining market share in China and South Korea, according to a report from Bain and Company released Monday. China and South Korea stood out as markets where insurgent brands were doing particularly well. In South Korea, incumbent brands dominated just four sectors — fragrances, confectionery, diapers and bottled water, the report showed. High penetration of e-commerce in Indonesia (26%) and Singapore (13%) also gave insurgent brands a boost. Incumbent brands still hot

Persons: David Zehner, Bain, Zehner, There's, It's Organizations: Future Publishing, Bain and Company, Bain, CNBC Locations: Qingzhou city, East China's Shandong, Asia, China, South Korea, Pacific, South, Indonesia, Singapore, Malaysia, Philippines, India, confectionary

☆ Explainer-What Is the Two-State Solution to the Israel-Palestinian Conflict?
▼ + stars: | 2024-01-25 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +10 min

Obstacles have long impeded the two-state solution, which envisages Israeli and Palestinian states alongside each other. Advocates of the two-state solution have envisaged a Palestine in the Gaza Strip and West Bank linked by a corridor through Israel. As the two-state solution has floundered, talk of a one-state solution has risen. U.N. Secretary General Antonio Guterres, in a Jan. 23 speech, said the two-state solution remained the only way to address the aspirations of Israelis and Palestinians. He criticised "clear and repeated rejection of the two-state solution at the highest levels of the Israeli government".

Persons: Benjamin Netanyahu, Israel, Yasser Arafat, Yitzhak Rabin, Rabin, Bill Clinton, Arafat, Ehud Barak, Camp David, Jerusalem, Joe Biden, Abdel Fattah al, Abbas, Mahmoud Abbas, Bezalel Smotrich, Netanyahu, Abbas's Fatah, Biden, Osama Hamdan, General Antonio Guterres, Nidal al, Ali Sawafta, Maayan Lubell, Dan Williams, Ari Rabinovitch, Tom Perry, Angus MacSwan Organizations: Reuters, United Nations, Arab League, Israel, West Bank, Palestine Liberation Organization, PLO, Palestinian Authority, Israeli, Bank, Geneva Accord, Finance Locations: Washington, Gaza, Palestinian, Jordan, Jerusalem, Palestine, Europe, Israel, Lebanon, Syria, East Jerusalem, Egypt, U.S, Oslo, Israeli, West Bank, Jordanian, Oslo Accords, U.N

☆ Opinion: For the Houthis, war is a way of life
▼ + stars: | 2024-01-16 | by ( Peter Bergen | ) edition.cnn.com time to read: +15 min

I think they’re probably ill-advised because I don’t think they’re going to do what they are intended to do. I don’t think they’ll deter the Houthis. This is such an unequal war because the whole character of war has changed. I don’t think it would make the slightest bit of difference whether the US designated them or not. I think they’re on the way to becoming Hezbollah.

Persons: Peter Bergen, CNN —, ”, Elisabeth Kendall, Kendall, PETER BERGEN, ELISABETH KENDALL, It’s, we’re, Elisabeth Kendall BERGEN, KENDALL, KENDALL, it’s, they’ve, didn’t, Abdul Malik al, I’m, Mohammed Hamoud, Donald Trump, Joe Biden, Biden, Trump, They’re, don’t, Ali Abdullah Saleh, Saleh Organizations: New, Arizona State University, Apple, Spotify, CNN, US, Girton College, Cambridge University, Islam, Atlantic Council, Iranian Revolutionary Guard, Iranian Revolutionary Guard Corps, UN, Anadolu Agency, Getty, Foreign Terrorist Organization, United Nations, Hezbollah, United Arab Locations: New America, Yemeni, Red, Yemen, Sanaa, Saudi Arabia, Hudaydah, Suez, Iran, Afghanistan, Iraq, Gaza, BERGEN, Israel, Islam, Kingdom of Saudi Arabia, ”, fragmenting, Washington, America, Beirut, Lebanon, Lebanese, United Arab Emirates

☆ The digital world remade itself and now every company has become an ad seller
▼ + stars: | 2023-12-04 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +8 min

To use precise consumer data, advertisers now must work directly with the company that owns that data — like the retailer that knows what its customers bought or the media company that knows what its audience watched. Streamers including Netflix are building new ad businesses, while platforms like YouTube are trying to bolster their existing ad businesses with more content, such as live sports. "In a world of less data or worse data, whoever has the least-bad data wins," Brian Wieser, an advertising-industry analyst, told Business Insider. Even companies that aren't traditional retailers, such as Uber and Marriott, have kick-started ad businesses. The pandemic pushed the world to embrace streaming services.

Persons: Ana Milicevic, Brian Wieser, Sephora, Morgan Stanley, Milicevic, Neal Mohan, Vinny Rinaldi, Hershey's, Taylor, it's, Weiser, Wieser, influencers Organizations: Data, Apple, Sparrow Advisers, Walmart, Netflix, Companies, Retailers, Target, Marriott, Amazon, Major League Soccer, NFL, Columbia, Bose, YouTube, Advertising, Comcast, Hulu, Meta Locations: California, influencers

☆ In a first, a newborn star's spinning disk is seen in another galaxy
▼ + stars: | 2023-11-29 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

Newborn stars with these circumstellar disks had been observed by astronomers only in our Milky Way galaxy - until now. Observing these disks in other galaxies is very important because it tells us about how stars form in environments different from that of the Milky Way," McLeod added. The Large Magellanic Cloud is considered a satellite galaxy of the sprawling Milky Way, as is another galaxy called the Small Magellanic Cloud. The Large Magellanic Cloud has less dust than the Milky Way and a smaller content of what astronomers call metallic elements - those other than hydrogen and helium. McLeod expressed hope for detecting other circumstellar disks in the Large Magellanic Cloud and perhaps the further Small Magellanic Cloud.

Persons: Anna McLeod, McLeod, Jonathan Henshaw, Liverpool, Will Dunham, Rosalba O'Brien Organizations: European Southern Observatory, Durham University, Liverpool John Moores University, Thomson Locations: WASHINGTON, England, Atacama

☆ ECB's Lagarde: Increasing signs that the global economy is fragmenting into competing blocs
▼ + stars: | 2023-11-17 | by ( Matt Clinch | ) www.cnbc.com time to read: +1 min

European Central Bank President Christine Lagarde looks on as she attends the European Parliament's Committee on Economic and Monetary Affairs, at the European Parliament, in Brussels, Belgium September 25, 2023. Yves Herman | ReutersEuropean Central Bank President Christine Lagarde on Friday said that Europe is now at a critical juncture, with deglobalization, demographics and decarbonization looming on the horizon. "There are increasing signs that the global economy is fragmenting into competing blocs," she said at the European Banking Congress, according to a transcript. "As our societies age, we will need to deploy new technologies so that we can produce greater output with fewer workers. And as our climate warms, we will need to advance the green transition without any further delays."

Persons: Christine Lagarde, Yves Herman, Lagarde Organizations: European Central Bank, European Parliament's, Economic, Monetary Affairs, Reuters, Central Bank, European Banking Congress Locations: Brussels, Belgium, Europe

☆ World Mental Health Day: When talking about suicide, avoid using these words
▼ + stars: | 2023-10-10 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

CNN —When it comes to reducing stigma around suicide, not treating it as the elephant in the room is helpful, say mental health experts. P. Bonny Ball’s 2005 book “The Power of Words: The Language of Suicide” identified words in need of replacing due to problematic connotations. READ MORE: People who attempt suicide might show signs early on. Suicide remains a crime in at least 23 countries, including the Bahamas, Nigeria and Bangladesh, according to the World Health Organization. “Fatal suicide attempt,” “killed herself” or “took his own life” are other alternatives, experts said.

Persons: it’s, “, —, Urszula Klich, don’t, ” Klich, ’, Klich, Bonny Ball’s, ”, Thomas Joiner’s, Jacek Debiec, ” “, Justin Baker, “ It’s, ‘, ’ ” Baker, Michael Roeske, ” Roeske, what’s, they’re, Baker Organizations: Lifeline, CNN, Alberta Mental Health Board, Suicide Prevention, World Health Organization, University of Michigan, Initiative, Veterans, Ohio State, Wexner Medical, Newport Healthcare Center for Research & Innovation Locations: Atlanta, Alberta, Germany, North America, Bahamas, Nigeria, Bangladesh, Newport

☆ At WTO, growing disregard for trade rules shows world is fragmenting
▼ + stars: | 2023-10-02 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +5 min

A logo is seen at the World Trade Organization (WTO) headquarters before a news conference in Geneva, Switzerland, October 5, 2022. Those depositing cases include China, Dominican Republic, India, Indonesia, Morocco, Pakistan, South Korea and the United States. The result is a growing disregard for global trading rules among WTO members. Countries have taken advantage of exceptions to WTO rules, such as for national security used by the United States to limit metal imports and some Gulf states to restrict trade with Qatar. Beijing has restricted exports of critical minerals, while Washington has sought to prevent Chinese access to U.S. technology, with national security trumping global trading rules.

Persons: Denis Balibouse, ”, Alan Wolff, Donald Trump, Keith Rockwell, Biden, Ngozi Okonjo, Philip Blenkinsop, Emma Farge, Christina Fincher Organizations: World Trade Organization, REUTERS, WTO, Reuters, Reuters Graphics, European Union, Foundation, Washington, Thomson Locations: Geneva, Switzerland, China, Dominican Republic, India, Indonesia, Morocco, Pakistan, South Korea, United States, Ukraine, North America, Washington, Qatar, Beijing, U.S, Lake Geneva, Indian

☆ Ancient people may have used human skulls for cups and other body parts for tools, according to a burial site in Spain
▼ + stars: | 2023-09-20 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +6 min

Almost 6,000 years ago, communities used a cave in Spain as a burial place. AdvertisementAdvertisementScraping and cutting of these bones left traces "that can only be attributed to human action," Martínez Sánchez said. "The actions of fragmenting and manipulating the bones may well be related to specific ritual events performed inside the cave," Martínez Sánchez said. "They're often viewed as sort of passageways to another world to the ancestors, to other kinds of worlds that are seen as sacred liminal spaces, spaces that are somewhere in between the land and the living and the land of the ancestors," she said. There's a chance they may have disturbed the human remains as well.

Persons: Cueva, los, Rafael, Martínez, Katina Lillios, wasn't, Martínez Sánchez, Lillios, It's, There's Organizations: Service, University of Cordoba, University of Iowa Locations: Spain, Wall, Silicon, Iberia, Western Europe

☆ CNBC Daily Open: Wall Street disagrees with main street
▼ + stars: | 2023-09-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +5 min

Gabby Jones | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. [PRO] FOMC meeting this weekThe Federal Reserve's meeting on Wednesday will be the main event to keep an eye on for this week. "Investors remained upbeat about the outlook for stocks and the economy in August," according to a Vanguard Investor Expectations Survey. In that open space between breaths, equilibrium between Wall Street and main street may be reached.

Persons: Gabby Jones, Hong, Kospi, Joe Biden, there's, Edward Jones, Mona Mahajan, CNBC's, Mahajan, Ray, Greg Bassuk Organizations: New York Stock Exchange, Bloomberg, Getty, CNBC, Dow Jones, Index, Nikkei, China, European Central Bank, Federal Reserve, Bank of England, U.S, Initiative, FedEx, University of Michigan, Consumers, Survey, Dow Jones Industrial, Nasdaq, Dow Locations: New York, Asia, Pacific, China Venture, China, India, East, Europe

☆ Italy's possible withdrawal from China's Belt and Road program could pave the way for future exits
▼ + stars: | 2023-09-14 | by ( Clement Tan | ) www.cnbc.com time to read: +1 min

Workers produce large building materials and equipment for export to countries along the Belt and Road. Hai 'an city, Jiangsu Province, China, June 15, 2020. Italy's reported withdrawal plan may set a precedence for a constructive exit from China's global trade and infrastructure initiative, setting the stage for future exits. Italy remains the only Group of 7 industrialized countries that is a signatory of Beijing's signature Belt and Road Initiative, a centerpiece of President Xi Jinping's foreign policy program that was launched a decade ago. At a time of shifting geopolitical alignments that's fragmenting the world's economy, Rome is coming under pressure to recast its relationship with Beijing to placate its western allies as Italy assumes the rotating presidency of the Group of 7 developed economies in 2024.

Persons: Italy's, Xi, Giulio Pugliese, CNBC's Organizations: Initiative, Oxford University's School of Global, Area Studies Locations: Jiangsu Province, China, Italy, Rome, Beijing, Washington

☆ UN chief says global finance system fragmenting; Myanmar crisis worsens
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +3 min

[1/4] UN Secretary General Antonio Guterres speaks during his bilateral meeting with Indonesian President Joko Widodo on the sidelines of the Association of Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, Thursday, Sept. 7, 2023. In a wide-ranging speech that touched on geopolitical tension, multilateral development finance and climate change, Guterres called on world leaders to find peaceful and inclusive solutions to the challenges facing the world. He also voiced support for re-channelling an additional $100 billion of International Monetary Fund's Special Drawing Rights through multilateral development banks to increase liquidity and support developing economies' needs. At a Paris summit in June this year, world leaders backed a push for multilateral development banks like the World Bank to put more capital at risk to boost lending. ASEAN leaders are set to hold talks with the United Nations later on Thursday.

Persons: General Antonio Guterres, Joko Widodo, Tatan, António Guterres, Rich, Ajay Banga, Guterres, Stanley Widianto, Kanupriya Kapoor, Robert Birsel Organizations: UN, Association of Southeast Asian Nations, ASEAN, REUTERS Acquire, Rights, Monetary, Bank, World Bank, United Nations, Thomson Locations: Jakarta, Indonesia, Rights JAKARTA, China, United States, Paris, Myanmar, ASEAN

☆ IMF chief says Africa must do these three things to increase trade
▼ + stars: | 2023-08-25 | by ( Nell Lewis | ) edition.cnn.com time to read: +5 min

The timing is ripe as African countries grapple with sluggish growth, food insecurity and debt distress. CNN: According to IMF reports, the levels of inflation and public debt we’re seeing in Africa have not been seen in many decades. Kristalina Georgieva, managing director of the IMF, speaks in Washington, DC, in April at a meeting of the World Bank and IMF. Georgieva: I expect to see a very strong focus on the African continent. We did a paper on how the continental free trade agreement can benefit Africa if these trade and non-trade barriers are eliminated and the results are phenomenal: trade within Africa can increase by 53%, trade between Africa and the rest of the world by 15%, and real income per capita could grow by 10%.

Persons: Kristalina Georgieva, Georgieva, CNN’s Eleni Giokos, Kevin Dietsch, we’re, they’re Organizations: CNN, International Monetary Fund, World Bank, Bank, IMF Locations: Africa, Marrakech, Morocco, Washington , DC

☆ De-dollarization risks aren't priced in despite rising US dysfunction and tension with China, JPMorgan says
▼ + stars: | 2023-07-19 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

De-dollarization risks aren't priced in despite rising US dysfunction and tension with China, JPMorgan said. Investors should go underweight on the dollar, as well as US markets, bonds, and financial equities, analysts said. But that also points to the risks that are not yet reflected in financial markets. Meanwhile, economic and political instability within the US will also factor into the credibility of the dollar, JPMorgan added. While "rapid and deep" de-dollarization is unlikely in the next decade, investors should expect partial de-dollarization, with the yuan rising among Chinese partners, strategists predicted.

Organizations: JPMorgan, Service, CBO Locations: China, Wall, Silicon, Beijing, Washington

☆ Elon Musk Hasn't Killed Twitter, He's Just Made It Irrelevant
▼ + stars: | 2023-07-12 | by ( Linette Lopez | ) www.businessinsider.com time to read: +13 min

It's been less than a year since he bought it, and Elon Musk's Twitter is already well on its way to suffering a fate worse than death — irrelevance. How you do a turnaroundIn the early days of Musk's Twitter takeover, I told you he was overpaying for the company. Unfortunately for Twitter, Musk is not a traditional turnaround guy. Maybe, to Musk, that's a crusade worth sacrificing the very thing that makes Twitter special. Maybe this is the site Musk wanted in the first place.

Persons: It's, Elon, irrelevance, Musk, Ron DeSantis, Rihanna, Mark Zuckerberg's Meta, Alexandria Ocasio, Cortez, Jennifer Lopez, Steph Curry, Donald Trump's, he's, tweeting, Vicki Bryan, Bond Angle, Goldman Sachs, Twitter hadn't, Linda Yaccarino, That's, Bryan, Morgan Stanley, what's, Jack Dorsey, —, Instagram, Lina Khan, hasn't, Meta, Zuckerberg, he'll, Linette Lopez Organizations: Elon Musk's Twitter, Gov, Twitter, Super, Metropolitan Transportation Authority, MTA, Oracle, Google, Fidelity, Wall Street, Pew Research, Pew, Federal Trade Commission, Meta Locations: Florida, Alexandria, New York

☆ Brands focus on stories in refining China livestreaming to boost profits
▼ + stars: | 2023-06-28 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +6 min

[1/5] Livestreaming sessions by Chinese livestreamers Li Jiaqi and Viya, whose real name is Huang Wei, (L) are seen on Alibaba's e-commerce app Taobao displayed on mobile phones in this illustration picture taken December 14, 2021. Stellar growth boosted by the COVID-19 pandemic saw the industry employ more than 1.23 million livestream hosts by 2020, says researcher iResearch, along with numerous accompanying livestream-related training academies and agencies. While Tmall and Li Jiaqi remain powerful, brands moving away from that strategy are cutting reliance on massive discounts and even his famous exhortation, "Oh my god! Liu once thought her brand's price point of about 2,000 yuan ($277) for its dresses made it incompatible with bargain-heavy livestreaming. The dominance of pureplay sales platforms such as Alibaba's Tmall and Taobao, along with JD.com (9618.HK), is increasingly challenged by entertainment and information-led platforms such as Douyin and Xiaohongshu.

Persons: Li Jiaqi, Huang Wei, Florence Lo, Apple's, William Lau, Clyde, iResearch, Jacob Cooke, Li, Liu, Hugo Boss, superhost Viya, Lexie Moris, Betty, Casey Hall, Miyoung Kim, Clarence Fernandez Organizations: REUTERS, Apple Watch, HK, Tmall, Thomson Locations: SHANGHAI, China, Beijing, Asia, Pacific, Douyin

☆ Putin congratulates 'dear friend' Erdogan as NATO's Turkey challenge looks set to stay
▼ + stars: | 2023-05-29 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Russian President Vladimir Putin was among the leaders that congratulated Erdogan on his win on Monday, calling him a "dear friend," according to the Kremlin. Turkish President Tayyip Erdogan meets with his Russian counterpart Vladimir Putin in Sochi, Russia August 5, 2022. Putin, in his congratulatory message Monday, praised Erdogan's efforts to "conduct an independent foreign policy," according to his spokespeople. The outlook is mixed among political and economic analysts inside and outside of Turkey whether Erdogan is bad news for the future of NATO. "Putin clearly wants NATO to fragment, and Erdogan in charge increases the likelihood of NATO fragmenting," Harris said after the election's first round in mid-May.

On Wednesday, Group of Seven (G7) finance leaders pledged to give low- and middle-income countries a bigger role in diversifying supply chains to make them more resilient and sustainable. It's one of the key reasons that the IMF predicts the global economy will stay mired in low-growth mode for years. Georgieva said policymakers might have to accept that development of new, more separated supply chains would involve some cost. "Security of supplies and the reliable functioning of global supply chains is taking a new, higher priority seat in economic discussions," she said, citing the impact of both the COVID pandemic and the war in Ukraine. But he drew a distinction between "de-risking" supply chains and "de-coupling" from China.

☆ IMF says U.S-China tensions could cost the world about 2% of its output
▼ + stars: | 2023-04-06 | by ( Jihye Lee | ) www.cnbc.com time to read: +1 min

WASHINGTON D.C., UNITED STATES - DECEMBER 26: The International Monetary Fund (IMF) building is seen in Washington D.C., United States on December 26, 2022. The IMF pointed to recent bills adopted against the backdrop of rising tensions between the U.S. and China, such as Washington's Chips and Science Act. Japan recently imposed its own restrictions on 23 types of semiconductor manufacturing equipment, joining U.S. efforts to curb China's ability to make advanced chips. A recent survey conducted by the American Chamber of Commerce in China similarly showed a shift of foreign direct investment away from China. Less than half of its respondents ranked China as a top three investment priority for the first time in 25 years.

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