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"There are hybrid threats. NATO has also cautioned against intensifying Russian hybrid warfare in the region and in the rest of Europe that could include "disinformation, sabotage, acts of violence, cyber and electronic interference, and other hybrid operations." The murky nature of hybrid warfare can make it hard to identify and address potential threats. Yet, the Baltic countries are prioritizing hybrid threats and fortifying their institutions in response. And last week, writing alongside his Polish and Czech colleagues, Latvian President Edgars Rinkēvičs expressed "deep concern" over Russian hybrid threats.
Persons: , Denmark –, Margus Tsahkna, Maria Zakharova, Ukraine Volodymyr Zelenskyi, Gitanas Nausėda, Yan Dobronosov, Dmitry Petrov, Gabrielius Landsbergis, Landsbergis, , Vladimir Putin, Mikhail Svetlov, Edgars Rinkēvičs Organizations: Service, West, NATO, EU, Business, Estonian, Russian Foreign Ministry, Getty, Kremlin, Lithuanian, Destabilization, 76th Guards Air Assault Division, Alliance Locations: Latvia, Lithuania, Estonia, Russia, Ukraine, Denmark, Kyiv, Moscow, Baltics, Belarus, Soviet Union, Russian, crosshairs, Europe, Baltic, Finland, Narva, Tallinn, Vilnius, Poland, Pskov, Crimea, Tellingly, Czech, Latvian
The Taylor Swift Economy Has Landed in Europe
  + stars: | 2024-06-21 | by ( Eshe Nelson | ) www.nytimes.com   time to read: +1 min
It’s not just Taylor Swift fans keeping a close eye on her Eras Tour dates. One of Europe’s most prominent economists is acutely aware that the singer is spending the summer jetting between Europe’s stadiums. Philip Lane, the chief economist at the European Central Bank, had the pop star on his mind when he spoke at an event on Monday. “You managed to say all that without saying Taylor Swift.”Ms. Swift is touring Europe this summer, bringing in her wake hundreds of thousands of Swifties spending on airfare, hotels, restaurants and friendship bracelets.
Persons: It’s, Taylor Swift, Philip Lane, , Ms, Swift Organizations: European Central Bank, Olympics, Wembley Locations: Europe, Paris, Germany
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I completed a 3.5-year apprenticeship as a media designer and engineer, and I've been in the tech industry since I was 15. Leaving so quickly wouldn't have been possible without the support of our LA friends, who helped us in many ways. Courtesy of Lucas FrischmannI came up with this idea as I struggled to keep up with all my connections. AdvertisementIf you were laid off from a tech company and want to share your story, please email Manseen Logan at mlogan@businessinsider.com.
Persons: , Lucas Frischmann, It's, I've, Frischmann, it's, I'd, Manseen Logan Organizations: Service, Twitter, Meta, Business Locations: Los Angeles, Asia, Vietnam, Italy, Taiwan, Thailand, Japan, Indonesia, South Korea, Europe, Austria, Germany, Switzerland, Bangkok, Amalfi Coast, Bali , Indonesia, mlogan@businessinsider.com
The European Union has agreed to a new raft of economic sanctions against Russian individuals and companies, the Belgian government said on Thursday. Notably, they include measures aimed at squeezing Russia’s profits from the sale of liquefied natural gas to E.U. countries stopped importing natural gas that arrived by pipeline from Russia immediately after the full-scale invasion of Ukraine in February 2022. But the bloc had refrained from initiating any formal sanctions against Russian gas imports, leading many E.U. The latest action includes measures targeting imports of Russian L.N.G.
Organizations: European Union, of Locations: Belgian, Russia, Ukraine, Russian, E.U, of Europe
That's because the sulfur dioxide, a pollutant which forms when sulfur-containing fuel such as coal or petroleum oil is burned, reacts with water vapor to produce aerosols that reflect sunlight back into space. The aerosols have a direct cooling effect, though climate scientists note that their contribution to global cooling or warming when they are reduced remains a complex area of research. Extreme temperatures are fueled by the climate crisis, the chief driver of which is the burning of fossil fuels. All of the climate models will give you slightly different answers because of the way that they do their emissions of sulfur dioxide," Haywood said. "So, we are uncertain about how much impact the IMO regulations will have had on global mean temperatures."
Persons: Yuan, Laura Wilcox, everyone's, Jim Haywood, Haywood, You've, Jim Hansen Organizations: United Nations, International Maritime Organization, Ucg, Getty, Communications, University of Maryland, National Centre for Atmospheric Science, University of Reading, El Nino, University of Exeter, CNBC, El, NASA Locations: London, Europe, Tonga
But it will remain a big, big trend. How has if at all, Brexit, affected the U.K. tech scene? Arjun KharpalAre there other challenges at the moment, as you see them to the U.K. tech landscape? I'm gonna go with the amount of VC funding in U.K. tech startups for 2025. Sanjot MalhiI would say that is the amount of funding in U.K. AI startups.
Persons: Tom Chitty, Arjun, we'll, Arjun Kharpal, I've, Sanjot, He's, It's, Tom Chitty I've, we've, it's, Arjun Kharpal Sanjot, fintech, we're, you've, let's, Tom Chitty We're, Franklin Templeton, they're, Masa, Softbank, that's, Arjun Kharpal Sanjay, Emmanuel, Macron, hasn't, who's, Emmanuel Macron, I'm, Sanjot Malhi, Arjun Kharpal That's, Kharpal, Tom Chitty Sanjot Organizations: HSBC Innovation Banking, CNBC, Northzone, Hague Cricket Club, European Union, Competition, Markets Authority, London Stock Exchange, London, Masa, Viva Tech, Mistral, Nvidia Locations: Europe, Dealroom, France, China, London, beyondthevalley@cnbc.com, Netherlands, India, The Hague, Germany, Sweden, North America, Asia, San Francisco, Beijing, Tel Aviv, Bangalore, U.S, British, doesn't, Ukraine, IPOs
But there's another corporation beating LVMH at its own game, and you probably haven't even heard of it: Richemont. Switzerland-based Richemont, behind brands like Cartier, Van Cleef & Arpels, and Piaget, is having a moment. "All of this favors the most established brands: Cartier and Van Cleef." Driven by Richemont's top brands, Cartier and Van Cleef, sales gained 7% in the country, including Hong Kong and Macau, in Richemont's 2024 fiscal year. "If you're in a bar or restaurant, you're sitting at a distance, you can recognize the Labra pendant from Van Cleef.
Persons: , Louis Vuitton, Bernard Arnault's, Van Cleef, Piaget, outperforming LVMH, Saint Laurent, It's, Cartier, Chiara Battistini, it's, Gucci, Arnault, Johann Rupert, Rupert, Richemont, Fflur Roberts, HSBC's Rambourg, Diana —, Tim Graham, Jelena Sokolova, Morningstar, Rambourg, Euromonitor's Roberts, Van, Keith Tsuji, Sokolova, Cleef, Nicolas Bos, — Bos, Nicholas Bos, Jared Siskin, I've, What's, JPMorgan's Battistini, Bos, Porter Organizations: Service, LVMH, Business, Cartier, Gucci, HSBC, Google, JPMorgan, Credit Suisse, Deloitte, Local, Art Basel, McKinsey, Prada Locations: Switzerland, China, Euromonitor, Hong Kong, Macau, Art Basel Hong Kong, Asia
The eventual language issued by the alliance about Ukraine during July’s summit in Washington is critical. Vague commitment in 2008It was back in 2008 at a NATO summit in Budapest that Ukraine was first offered a vague commitment of an invitation to join in the future. “Of course we’d be for ‘irreversible,’” a third Eastern European official said. Generally, throughout the conflict, British officials, the closest US allies in NATO, have consistently hoped the White House would take a more aggressive stance. “When the text is on the table and the countries start to negotiate we can see the full picture,” the Eastern European official said.
Persons: Jens Stoltenberg, we’ll, Antony Blinken, Biden, Stoltenberg, Volodymyr Zelensky, Zelensky, , ” Stoltenberg, , doesn’t, It’s “, Vladimir Putin, ” Putin, Putin, Jennifer Hansler Organizations: CNN, NATO, Central, , US, Biden, European, , US State Department, NATO Alliance, Eastern, Eastern European Locations: United States, United Kingdom, Washington, Russia’s, Ukraine, July’s, Russia, Prague, Hungary, Central European, Kyiv, Lithuanian, Vilnius, Budapest, Russian, , Kharkiv, London
Ties between Russia and North Korea have deepened in recent years with the countries — which are both heavily sanctioned by the West — hailing their strategic cooperation in the spheres of defense and trade. North Korea has not been shy in its outpourings of reverence for Putin, describing him as a "comrade-in-arms" in the battle against what both countries see as Western hegemony. Analysts say the deepening relationship between Russia and "rogue" state North Korea is increasingly hazardous for the West. This aspect of the relationship not only destabilizes security on the peninsula and in Asia; it also heightens the direct threat posed by North Korea to the [U.S.] homeland." It is unclear what further strategic cooperation between North Korea and Russia could entail.
Persons: Vladimir Putin, North, Kim Jong Un, Teneo, Kim, Putin, Kim Jong, Matthew Miller, Miller, Victor Cha, Cha Organizations: Vostochny, UN, West, Kremlin, Democratic People's, U.S . State Department, U.S ., Reuters, Analysts, Center for Strategic, International Studies, National Security Council, Ukraine, North Locations: Amur, Russia, North Korea, Russian, Democratic People's Republic of Korea, DPRK, Korea, Ukraine, Pyongyang, U.S, Iran, Europe, Asia, Gaza, Moscow, North Korean, Eurasia
London CNN —London’s stock market has edged ahead of its rival in Paris as fears grow over the outcome of France’s looming parliamentary elections. The first round of the French elections is scheduled for June 30, followed by a second round on July 7. Hubert de Barochez, a senior market economist at consultancy Capital Economics, said investors might be concerned that a parliament run by the National Rally would penalize banks. In contrast with the political and financial turmoil in France, UK financial markets are “relatively stable,” said Rudolph at IG Group. Credit ratings agencies are already keeping a close eye on France, one of the EU’s three most-indebted countries.
Persons: Emmanuel Macron, Axel Rudolph, you’ve, , OpinionWay, Macron, Hubert de Barochez, Rudolph, Richard Hunter, Mohit Kumar Organizations: London CNN, Bloomberg, CAC, FTSE, European Union, , CNN, National, BNP, Credit, Capital Economics, IG Group, Labour Party, Interactive Investor, National Rally, Jefferies Locations: Paris, France, United Kingdom, Europe’s, Britain
CNN —Cristiano Ronaldo made history by becoming the first player to feature in six European Championships as Portugal came from behind to beat Czech Republic 2-1 in Leipzig at Euro 2024 on Tuesday. The 39-year-old made his tournament debut back in 2004, when host Portugal was beaten by Greece in the final. Despite Portugal dominating proceedings, it was Czech Republic which scored first, courtesy of Lukáš Provod’s fantastic long-range effort in the 62nd minute. Czech Republic goalkeeper Jindřich Staněk failed to deal with a simple cross and parried it against his own defender, with the ball bouncing off Robin Hranáč into the goal. At 41 and 113 days, defender Pepe became the oldest player to feature at a European Championships.
Persons: CNN — Cristiano Ronaldo, Nassr – Ronaldo, Roberto Martinez, Diogo Jota, Ronaldo, Francisco Conceição, Lukáš, Jindřich Staněk, Robin Hranáč, he’s, Ronaldo wasn’t, Pepe Organizations: CNN, Czech, Saudi, European, Georgia Locations: Portugal, Czech Republic, Leipzig, Greece, Europe’s, Saudi Arabian, Germany, Turkey
EU countries approve landmark nature law after delays
  + stars: | 2024-06-17 | by ( ) www.cnbc.com   time to read: +2 min
The nature restoration law is among the EU's biggest environmental policies, requiring member states to introduce measures restoring nature on a fifth of their land and sea by 2030. EU countries' environment ministers backed the policy at a meeting in Luxembourg, meaning it can now pass into law. "I know I will face opposition in Austria on this, but I am convinced that this is the time to adopt this law," Gewessler told reporters. Belgium, which holds the EU's rotating presidency and chairs meetings of ministers, said the Austrian government dispute would not affect the legality of the EU ministers' vote. EU countries and the European Parliament negotiated a deal on the law last year but it has come under fire from some governments in recent months amid protests by farmers angry at costly EU regulations.
Persons: Leonore Gewessler, Gewessler, Chancellor Karl Nehammer's, Karoline Edtstadler Organizations: Climate, Energy, Mobility, Innovation, European Union, European, Union, Greens, People's Party, EU Locations: European, Brussels, Luxembourg, Austria, Belgium, Austrian
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. My husband, Olly, and I calculated that we'd spend at least $12,000 sending them for 10 weeks. It wasn't as if they would be at camp all day — 9 a.m. to 3 p.m. instead. Our kids integrated into the Portuguese cultureThen, in 2022, Olly's boss moved with his family to Spain full-time. AdvertisementI don't want to return to New York CityI don't worry about healthcare bills any longer.
Persons: , Patrice Poltzer, Olly, Poltzer, I'd, We'd, It's Organizations: Service, Business Locations: Brooklyn, Olly's, England, London, Europe, Croatia, Zagreb, France, Spain, Portugal, New York City, Patrice Poltzer Portugal, New York, Mexico City, Lisbon, I'd, Chicago
Citi downgrades European stocks to neutral
  + stars: | 2024-06-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCiti downgrades European stocks to neutralBeata Manthey, head of European Equity Strategy at Citi Research, joins CNBC's 'The Exchange' to discuss increasing risk in Europe in the wake of EU's elections, how investors can position, and more.
Persons: Beata Manthey Organizations: Citi, Equity, Citi Research Locations: Europe
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A move away from big-time directional strategies is not a surprise. Plenty of funds that made their name on bold macro predictions have been humbled in the last 18 months. At Schonfeld, macro is still somewhat new for the firm. Several people familiar with the firm told Business Insider that he lost money while at the manager.
Persons: , Colin Lancaster, Brent Cook, Eisler, Igor Ninkovic, Jaime Valle, Jerome Saragoussi, Ben Melkman, Brevan Howard, Jordan Barnes, Rahul Mehra, Karthikeyan, Yasmin Sahin, Said Haidar's, Sharpe, Lancaster, Melkman, Marc Tishfield Organizations: Service, Business, United Arab Emirates, Schonfeld, Bridgewater, Barclays, Citi, Matador Investment Management, Millennium Locations: York, Europe, Dubai, London, Bridgewater, Melkman, Schonfeld, New York
Score and Georgia would qualify for Euro 2024; miss and it might be yet another story of heartbreak for this generation of fans to live through. Georgia's players celebrate after winning Euro 2024 play-off final against Greece. Helping Georgia qualify for Euro 2024 is the latest highlight in Webb’s unique coaching career, a journey which has taken some unlikely twists and turns over the years. Emotional Euro 2024 campaignIt was an opportunity Webb couldn’t turn down, a chance to work with an exciting generation who had their hearts set on qualification to Euro 2024. The players were ready.”Webb has used his innovative coaching methods to help Georgia qualify for Euro 2024.
Persons: Nika Kvekveskiri, David Webb, stuttered, , Webb, Boris Paichadze, Giorgi Arjevandidze, he’s, Englishman Webb, , ” Webb, Lasha, , Giorgi Arjevanidze, Willy Sagnol, Sagnol, I’d, Lasha Kuprashvili, Khvicha Kvaratskhelia, “ We’re, we’ve, We’re, ” Georgia’s Organizations: CNN, CNN Sport, Greece –, “ Staff, Boris Paichadze Dinamo Arena, Greece, Getty, Georgian, York City, France, Georgian men’s, , Luxembourg, Napoli, Georgia Locations: Georgia, Germany, AFP, France, Turkey, Portugal, Czech Republic
NATO Secretary General Jens Stoltenberg speaks after a meeting of NATO foreign ministers at the Czernin Palace, in Prague, Czech Republic, May 31, 2024. A record more than 20 NATO member nations are hitting the Western military alliance's defense spending target this year, NATO Secretary-General Jens Stoltenberg said Monday, as Russia's war in Ukraine has raised the threat of expanding conflict in Europe. The estimated figure is a nearly fourfold increase from 2021 in the ranks of the 32 NATO members meeting the alliance's defense spending guideline. NATO members agreed last year to spend at least 2% of their gross domestic product on defense. But after Russia seized Ukraine's Crimean Peninsula in 2014, NATO members unanimously agreed to spend at least 2% of their GDP on defense within a decade.
Persons: Jens Stoltenberg, Vladimir Putin's, Stoltenberg, Joe Biden, Donald Trump, Putin Organizations: NATO, Wilson Center, White House, . Defense, Ukraine's Locations: Prague, Czech Republic, Ukraine, Europe, Washington, Sweden, Finland, Soviet Union, Russia, Ukraine's Crimean
Opinion: European soccer’s latest racism row
  + stars: | 2024-06-16 | by ( Opinion Keith Magee | ) edition.cnn.com   time to read: +9 min
CNN —On Sunday, England will face Serbia in its first game of the Euro 2024 championship, hosted by Germany. Since then, the FA, the European football association UEFA and FIFA , the sport’s international governing body, have visibly upped their anti-racism game. One might conclude, for instance, that Monday’s court decision in Spain meting out prison sentences to three Valencia fans for hurling racial insults, is evidence of European soccer’s new, tougher line against racism. Saka knows UEFA observers will be on duty at every Euro 2024 match and will be on the lookout for racist incidents. I see it as an attempt by professionals who should know better to make a Black player carry the can for a disappointing performance by the whole team.
Persons: Keith Magee, Keith Magee Arron, — Marcus Rashford, Jadon Sancho, Prince William, , Vinícius Júnior, Julian Finney, , Saka, Carl Recine, Ian Wright, ” Sir Lewis Hamilton, vilifying, Tony Burnett, ” Burnett Organizations: University College London Institute for Innovation, Newcastle University Law School, CNN, Germany, England’s Football Association, FA, European, UEFA, FIFA, Valencia, Wembley, Getty, Sunday’s, Serbia, England, Iceland, Versus, Conservative, Daily Sun, The Telegraph, Daily Star, BBC Locations: England, Serbia, Italy, Spain, Iceland, London, Germany, Europe
Another day at Euro 2024, another trio of goalscoring games — even if the entertainment factor dipped off at points. The Netherlands overcame Poland with a 2-1 win, Denmark were held to a 1-1 draw by Slovenia, while England beat Serbia 1-0. But the goals, a lack of shots in one game and the results don’t tell the whole story of the day. The feel-good moment of the daySunday marked 1,100 days since Christian Eriksen collapsed at Copenhagen’s Parken stadium during a Euro 2020 game against Finland after suffering a cardiac arrest. He’s not fazed by anything, but will be key to England if they want to have a chance of winning Euro 2024.
Persons: We’ve, Christian Eriksen, Eriksen, Morten Boesen, , , Rasmus Hojlund, Jonas Wind, onrushing Eriksen, Erik Janza’s, Damien Meyer, I’ve, ” Carl Anka, Jude Bellingham, Dragan Stojkovic, Stojkovic, Kyle Walker, Kevin C, Cox, Walker, Filip Kostic, Bellingham, “ I’ve, It’s, He’s, Dan Sheldon Man, , Jacob Whitehead, Dan Sheldon, de Jong, Wout Weghorst, Ronald Koeman’s, Michael Cox, Andy Jones Stat, – Jude Bellingham, What’s Organizations: Scotland, Spain, Croatia, Albania, England, Serbia, Finland, Manchester United, Denmark, Slovenia, Getty, Serbia’s, Bellingham, Real Madrid, Poland, Sunday, Local, European, Argentina Locations: Switzerland, Hungary, Italy, Netherlands, Poland, Denmark, Slovenia, Serbia, England, Copenhagen’s, Bellingham, . Bellingham, Hamburg’s, Romania, Ukraine, Belgium, Slovakia, Austria, France
As well as withdrawing from the four occupied regions in eastern and southern Ukraine, Putin said Ukraine must demilitarize and that Western countries must lift their sanctions on Russia, which have damaged but not crippled its economy. Nearly 28 months later, Russia occupies around a fifth of Ukrainian territory, including the Crimean peninsula it annexed a decade ago. Moscow only controls these regions partially, but claimed the whole of each region was part of Russia’s territory in 2022. He asked that his terms for ending the war would need to be cemented in international agreements. “That is why we must not trust these messages, because Putin follows the same course,” Zelensky warned.
Persons: Vladimir Putin, Putin, , Volodymyr Zelensky, Louisa Gouliamaki, ” Putin’s, Zelensky, Adolf Hitler, ” Zelensky, , Hitler, , Mykhailo Podolyak, ” Podolyak Organizations: CNN, NATO, Reuters, Sky Tg24 Locations: Russia, Ukraine, Moscow, Switzerland, Donetsk, Luhansk, Kherson, Zaporizhzhia, Kyiv, Italy, Europe, Czechoslovakia, Sudetenland, Swiss
The hostIt’s fair to say expectations for the German national team are not high within the host country. Expectations are low for the German national team. Didier Deschamps has been in charge of the national team since 2012 and last January extended his contract until 2026. After winning the World Cup and Nations League, Mbappé wants to add the Euros to his resume. That’s the only one that missed me with the national team after I did everything with the national team,” Mbappé told CNN recently.
Persons: , Lars Baron, Hansi Flick, Julian Nagelsmann, Nagelsmann, Christian, hasn’t, Henri Delaunay, Les, Didier Deschamps, Deschamps, Kylian Mbappé, Olivier Giroud, Antoine Griezmann, Bradley Barcola, Warren Zaïre, Emery, Eduardo Camavinga, France’s, Mbappé, Matthias Hangst, ” Mbappé, it’s, Harry Kane, Phil Foden, Saka, Declan Rice, Jude, Gareth Southgate, fthe, Southgate, Alex Grimm, ” Southgate, , you’ve, Dominik Szoboszlai, ” Szoboszlai, “ It’s, Rafal Oleksiewicz, Oleksandr Zinchenko, Andriy Lunin, Mykhailo Mudryk, Artem Dovbyk Organizations: CNN, British, soccer’s, England, Serbian, Guardian, German Police, Policing Unit, UEFA, Serbian Football Federation, Serbian Ministry of Interior, Russia, Reuters, German, Bayern Munich, ARD, German national, Getty, Nations League, English Football Association, Liverpool, Defence, Iceland, Bosnia, Ukraine Locations: Gelsenkirchen, England, Serbia, European, Germany, North Rhine, Westphalia, , France, Marseille, Russia, Scotland, Netherlands, Austria, Turkey, Switzerland, Hungary, Italy, Ukraine, Herzegovina, Iceland, Spain, Belgium, Slovakia, Romania
In a 2023 InterNations survey of over 12,000 expats, Germany was voted one of the countries expats hate to live in the most. AdvertisementWhen asked where I'm from, saying I'm American" doesn't suffice. Sadly, I'm also still stuck in my native English head, which doesn't delineate between a formal and informal "you," either. We're three hours by train from Amsterdam, three and a half hours by train from Paris, and four hours by train from London. Despite all the mistakes, misunderstandings, and episodes of embarrassment, I can honestly say that I'm grateful for everything living in Germany has brought me.
Persons: , I've, it's, JENS SCHLUETER, I'm, We've Organizations: Service, Business Locations: Germany, United States, Los Angeles and New York, Europe, Amsterdam, Paris, London
Budapest CNN —For most of the last century, the story of the Gresham Palace closely mirrored that of the city in which it was built. This summer, the building – one of the finest examples of Art Nouveau design in Budapest – is celebrating two decades in its most recent incarnation, as the Four Seasons Gresham Palace, a luxury hotel with panoramic views of the mighty Danube river. Four Seasons Gresham Palace“Gresham Palace and its coffee house were famous among artists and collectors,” says Laszlovszky. “The Gresham Palace has been born again in wonderful unity, serving as a crown jewel of outstanding beauty that complements our magnificent Chain Bridge.”‘Extraordinary history’The palace was once a hangout for Budapest's intellectuals. Four Seasons Gresham PalaceSince its reopening in 2004, the Four Seasons Hotel Gresham Palace has provided visitors with a well-appointed sanctuary, offering 179 rooms and suites with panoramic views of the Danube or the cityscape.
Persons: Gresham, , József Laszlovszky, – it’s, Zsigmond, Countess Irma Széchenyi, Thomas Gresham, József Vágó, Miksa Róth, , Pál, Béni, József, István Szőnyi, Gabor Kruppa, Miklós Szenkirályi, ” Szenkirályi, ” Thibaut Drege, what’s, Chef Árpád Győrffy, that’s Organizations: Budapest CNN, Gresham, Budapest –, Central European University, CNN, , Gresham Life Assurance Company, Nouveau, Venezia Café, Four, CNN Travel, Europeans, d’Or, Hollywood Locations: Budapest, Hungarian, Buda, Pest, Óbuda, “ Buda, Gresham, Vienna, Paris, d’Or Hungary
Washington CNN —President Joe Biden is leading the world’s richest democracies in sending a beefed-up message to Russian President Vladimir Putin that the West will not forsake Ukraine despite political shocks casting doubts over its commitment. A flurry of new Western plans to help UkraineStill, the latest Western plans to help Ukraine send a strong message of intent. The sanctions target foreign financial firms aiding Putin’s war effort, restrict Russian access to some US software and information technology. Russian advances on the battlefieldThese are substantial and credible political, economic and political demonstrations of support for Ukraine. Not surprisingly, Zelensky has always chafed at the self-imposed limits of Western support for his war effort that are a symptom of Biden’s core aim of avoiding a direct NATO confrontation with Russia.
Persons: Joe Biden, Vladimir Putin, Biden, Volodymyr Zelensky, ” Biden, , Donald Trump, Trump, lionizes Putin, wobbling, , George H.W, George H.W . Bush, Janet Yellen, ” — Biden, Zelensky, ” Jake Sullivan, Wesley Clark, ” Clark, they’ve, , Kamala Harris, Sullivan, John Kirby, Putin Organizations: Washington CNN, Republican Party, Capitol, Republican, CNN, NATO, Big, Union, Ukraine, Trump, Biden, Air Force, Hudson Institute, Kremlin, Kyiv, West, White House National Security Council Locations: Russian, Ukraine, Italy, Normandy, Europe, United States, France, Germany, George H.W ., Russia, Britain, Japan, Canada, NATO, Washington, Kyiv, Cuba, China, Iran, Israel, Ukrainian, Switzerland
So on Thursday, he rolled out a new set of alternative steps, each designed to demonstrate to President Vladimir V. Putin of Russia, and to the Ukrainians, that the United States and its allies have no intention of packing up and leaving, as they did in Afghanistan, even if Ukraine remains outside NATO for years. He signed a 10-year security pact — albeit one with vague commitments and an early exit option — with Ukraine’s president, Volodymyr Zelensky. Mr. Biden portrayed the agreement as a long-term guarantee of continued arms, intelligence support, advice and technology to win the current war and deter a new one. And he said the United States would take the lead in providing a loan of about $50 billion to Ukraine to rebuild its devastated ports and power plants, buy weapons and close its budget gap. The money is to be repaid from interest generated from $300 billion in assets that Mr. Putin, inexplicably, left in Western financial institutions before his February 2022 invasion.
Persons: Biden, Vladimir V, Putin, Volodymyr Zelensky, Mr Organizations: NATO Locations: Europe, Ukraine, NATO, Russia, United States, Afghanistan
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