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What next for Evergrande’s creditors? A Hong Kong court on Monday ordered the liquidation of Evergrande, the heavily indebted Chinese property giant. The company’s dissolution raises questions about fairness for overseas creditors — which could have wider implications for foreign businesses operating in China. But as the economy slowed, property sales plummeted, and Chinese regulators began clamping down on excessive leverage and speculation. The judge presiding over Evergrande’s bankruptcy case has now called time after two years of talks.
Persons: Evergrande Organizations: Hong, Monday Locations: Hong Kong, Evergrande, China
Ukrainian President Volodymyr Zelenskyy speaks with CNBC's Andrew Ross Sorkin at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. The Zelenskyy family income fell almost threefold between 2021 and 2022, according to the declaration on the presidential website. In particular, in 2021, the process of registering 22 trademarks, which began long before his election as President of Ukraine, was completed," the president's first-ever public declaration of income said. In 2022, the Zelenskyy family income fell to 3.7 million hryvnias due to the "temporary termination of lease agreements on the territory of Ukraine as a result of the beginning of Russia's full-scale aggression." The family's cash balance at the end of 2022 dropped by almost 1.8 million hryvnias, the declaration said, while its asset, real estate and vehicle ownership was unchanged over the two years.
Persons: Volodymyr Zelenskyy, CNBC's Andrew Ross Sorkin, Zelenskyy Organizations: EU Locations: Davos, Switzerland, Ukraine, Russia
Palestinians inspect a damaged house after an Israeli air strike on Rafah in southern Gaza on January 27. The Israel Defense Forces claimed UNRWA facilities were used for "terrorist purposes" in a statement on Saturday. Situation deteriorating at Khan Younis hospitals: Nasser Hospital, the main medical center in the southern Gaza city, is running out of its supply of blood, anesthesia and other medications, the Hamas-controlled Ministry of Health said Saturday. Where hostage talks stand: Israeli Prime Minister Benjamin Netanyahu challenged Qatar on Saturday, saying, "They position themselves as intermediaries. The Houthis claim the attacks are in solidarity with the Palestinian people as a result of the war in Gaza — an argument the US has repeatedly rejected.
Persons: Abed Rahim Khatib, Israel —, Younis, Benjamin Netanyahu, I’m, Bill Burns Organizations: Reuters CNN, Israel Defense Forces, United, Palestine Red Crescent Society, IDF, CNN, UN, United Nations Relief, Works Agency for Palestine Refugees, Nasser Hospital, of Health, Hamas, Hospital, Qatar, CIA, Command, Houthi Locations: Rafah, Gaza, Israel, United Nations, Palestine, Hamas, Qatar, Marshall, Gulf, Aden, Iran
Live updates: Israel-Hamas war rages
  + stars: | 2024-01-27 | by ( Andrew Raine | Brad Lendon | ) edition.cnn.com   time to read: +1 min
The war between Israel and Hamas has already spilled over to the wider Middle East, with prospects of a confrontation between regional and world powers becoming ever more likely. Across the region, the fighting has largely been confined to tit-for-tat attacks between Iran-backed militias on one side and the US, Israel and its allies on the other. The US has attacked Iranian-backed groups in Yemen, Syria and Iraq, while Iran-linked groups have targeted American personnel in Iraq and Syria. Tehran has also struck what it said were anti-Iran groups in Iraq, Syria and Pakistan. As tensions across the region rise, CNN takes a look at where Iran or its allies are present, where US forces are stationed and where both sides have conducted military operations since the start of the Israel-Hamas war.
Organizations: Hamas, CNN Locations: Israel, Iran, US, Iranian, Yemen, Syria, Iraq, Tehran, Pakistan
The Russian Defense Ministry said Wednesday that missiles fired from across the border brought down the transport plane that it said was taking the POWs back to Ukraine. Local authorities in Belgorod, which borders Ukraine, said the crash killed all 74 people onboard, including six crew members and three Russian servicemen. Kyiv has neither confirmed nor denied that its forces downed a Russian military transport plane that day, and Russia's claim that the crash killed Ukrainian POWs could not be independently verified. An International Committee of the Red Cross spokesperson in Ukraine urged Russia on Friday night to return the bodies of any POWs who might have died in the plane crash. While Ukraine and Russia regularly exchange the bodies of dead soldiers, each trade has required considerable preparation, Vlasenko said.
Persons: Volodymyr Zelenskyy, CNBC's Andrew Ross Sorkin, Moscow, Kyrylo, Budanov, Mykola Oleshchuk, Oleksandr Vlasenko, Vlasenko, Vladimir Putin, Putin Organizations: Russian, Wednesday, Ukraine's, Staff, Kyiv, Russian Defense Ministry, Local, Social, International Committee, Red Cross, U.S, Free, Radio Liberty, Red Cross Media Locations: Davos, Switzerland, Ukraine, Russia, Ukrainian, Russia's Belgorod, Belgorod, Russian, Kyiv, Moscow, Free Europe, thoughtlessness, St . Petersburg
The F.T.C. Takes on A.I. Deals
  + stars: | 2024-01-26 | by ( Andrew Ross Sorkin | Ravi Mattu | Bernhard Warner | ) www.nytimes.com   time to read: +1 min
deals in the cross hairsTech giants like Microsoft, Amazon and Google have sought an edge in the artificial intelligence race by investing in innovative start-ups like OpenAI and Anthropic. But that strategy is drawing more attention, as the F.T.C. joins international counterparts in scrutinizing those deals. It’s the latest effort by the agency to check the power of Big Tech, but raises questions about whether it also will impede the ability of start-ups to raise needed cash. The big question: Do these deals hinder competition?
Persons: Sam Altman, OpenAI’s Organizations: Tech, Microsoft, Google, Big Tech
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFormer Disney CFO Gary Wilson has slammed Bob Iger's approach to succession planning. This story is available exclusively to Business Insider subscribers. Iger's return has been marred by multiple setbacks, with Disney struggling to land hits at the box office last year. Representatives for Iger did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: , Gary Wilson, Bob Iger's, Iger, Wilson, Bob Chapek, Jay Rasulo, Tom Staggs, Chapek, Iger's, Disney's, Andrew Ross Sorkin Organizations: Service, Disney, Business, Wall Street, Marvel, Marvel Studios, The New York Times, Business Insider
Tesla Tumbles as Growth Slows
  + stars: | 2024-01-25 | by ( Andrew Ross Sorkin | Ravi Mattu | Bernhard Warner | ) www.nytimes.com   time to read: +1 min
Tesla plungesElon Musk and Tesla shareholders are at a crossroads. Shares are down roughly 8 percent on Thursday in premarket trading after Wednesday’s lackluster year-end results. He asked investors to look beyond 2024, predicting a “major growth wave” fueled by a low-cost Tesla model that will be built partly in Austin, Texas, and Mexico. The latest stock fall comes after Tesla reported that fourth-quarter profit nearly doubled to $7.9 billion — largely thanks to a one-time tax break. The company also declined to give detailed full-year guidance, but said it expected sales growth to be “notably slower.”
Persons: Tesla, Elon Organizations: Tesla Locations: North America, Europe, China, Austin , Texas, Mexico
Trump marches onAs widely expected, Donald Trump handily won the New Hampshire Republican primary, defeating Nikki Haley by double digits. That has left anti-Trump donors and the broader business community glimpsing an increasingly likely future: The former president will become the Republican nominee, and stands a good shot of winning in November. Haley said she would fight on, arguing last night that “this race is far from over.” But the former South Carolina governor will head to her home state — she’s skipping the Nevada caucuses on Feb. 8 — badly trailing Trump in polls there, with many of her Palmetto State colleagues having endorsed her opponent. A growing number of Republicans are now suggesting that she should drop out: Senator John Cornyn of Texas, a senior G.O.P. lawmaker, said that his party needed “to unite around a single candidate.”
Persons: Trump, Donald Trump, Nikki Haley, Haley, John Cornyn of, Organizations: New Hampshire Republican, Trump, Republican, South, Palmetto State Locations: South Carolina, Nevada, John Cornyn of Texas
Jack Ma Doubles Down on Alibaba
  + stars: | 2024-01-23 | by ( Andrew Ross Sorkin | Ravi Mattu | Bernhard Warner | ) www.nytimes.com   time to read: +6 min
(Both men already hold sizable amounts of Alibaba stock.) Alibaba itself bought back $9.5 billion worth of stock last year, reducing its share count by over 3 percent. The stock purchases will probably bring attention back to Ma, a former English teacher who helped start Alibaba as an e-commerce platform. Ma, who hasn’t held a management role at Alibaba or Ant in years but remains a lifetime partner in the Alibaba Partnership, now largely focuses on Bill Gates-style philanthropy. And she’s expected to take swipes at Trump’s economic record as president.
Persons: Tsai, Ma, Alibaba, Ant, hasn’t, Bill Gates, Nikki Haley, Donald Trump, Eric Rosengren, Robert Kaplan, Kaplan, Rosengren, Archer, Daniels, Vikram Luthar, Scott Stuber, Spike Lee, Martin Scorsese, Jane Campion, Stuber, Ted Sarandos, Netflix’s, Bela Bajaria, Biden’s, Janet Yellen, Lael Brainard, they’re, Biden, ” Ray Fair Organizations: Pool Management, Alibaba, Brooklyn Nets, New York Liberty, Nets, Boston Fed, Dallas Fed, Republican, Biden, Yale, Times Locations: U.S, Hong Kong, China, Ma, Beijing, , Paris, New Hampshire, Dixville
(Other former hopefuls, including Vivek Ramaswamy and Tim Scott, have also endorsed Trump.) The Republican faithful are coalescing around Trump in a way that raises questions about the next move by the wealthy donors who have sought to stop him. Among his strategic errors was betting that “anti-woke” fights, including his battle against Disney, would resonate with voters. Haley has embraced her status as the last anti-Trump candidate standing: “May the best woman win,” she said on Sunday. But polls put her some 15 percentage points behind Trump in New Hampshire, as voters head to the polls tomorrow.
Persons: Haley, Donald Trump, Ron DeSantis, Vivek Ramaswamy, Tim Scott, Nikki Haley, DeSantis, , Organizations: Trump, Republican, Disney, Politico Locations: Trump, Florida, New Hampshire
Liverpool appears to have the squad depth to last the pace in the Premier League title race. Jurgen Klopp's rebuild after an offseason overhaul could hardly be going any better, with Liverpool on top of the league, looking well set to reach the English League Cup final, and still in the FA Cup and Europa League. But the biggest drama arrived when West Ham goalkeeper Alphonse Areola came out to punch clear a cross, only to make contact with McBurnie. West Ham twice went ahead at Bramall Lane, first through Maxwel Cornet in the 28th and then James Ward-Prowse from the penalty spot in the 79th. Ben Brereton Diaz, on loan from Villarreal, scored Sheffield United's initial equalizer on his Premier League debut.
Persons: Mohamed Salah —, Dominik Szoboszlai, Jurgen Klopp's, Diogo Jota, Darwin Núñez, Núñez, Conor Bradley, Ibrahima Konate, Joe Gomez —, Trent Alexander, Arnold, Andrew Robertson —, Alexander, Robertson, Salah's, Sheffield United's Oli McBurnie, Dirk Kuyt, McBurnie's, Rhian Brewster, Vladimir Coufal, Alphonse Areola, Areola wasn't, Lukasz Fabianski, West Ham, Bramall Lane, Maxwel Cornet, James Ward, Prowse, Ben Brereton Diaz, ___ Steve Douglas Organizations: Liverpool, Premier League, Africa, Nations, Bournemouth, Sunday, Manchester City, Reds, Tottenham, English League, FA, Europa League, Uruguay striker's, Sheffield, Arsenal, Sheffield United, West, Villarreal Locations: Uruguay, Africa, Egypt, Liverpool, West Ham, Bramall
Live updates: The latest on Israel's war in Gaza
  + stars: | 2024-01-20 | by ( Chris Lau | Andrew Raine | ) edition.cnn.com   time to read: 1 min
Intense Israeli bombardment and heavy fighting in the area around a large hospital in southern Gaza killed at least 29 people Friday, according to Palestinian state news agency WAFA. Khan Younis has been the epicenter of Israel's ground operation in recent weeks. The fighting has forced thousands of Gazans to flee the area, many of them already displaced from northern neighborhoods where Israel first launched its offensive. Displaced Palestinians continue to arrive in overcrowded Rafah, near the border with Egypt, by "the thousands," a United Nations human rights official said Friday. There, they shelter in makeshift tents with little food or clean water.
Persons: WAFA, Khan Younis Organizations: Nasser Hospital, United Locations: Gaza, Nasser, Khan, Israel, Rafah, Egypt, United Nations
Ukrainian President Volodymyr Zelenskyy speaks with CNBC's Andrew Ross Sorkin at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Ukrainian President Volodymyr Zelenskyy said he was worried by the prospect of Donald Trump returning to the White House, branding Trump's claim that he could stop Ukraine's war with Russia in 24 hours as "very dangerous." If you can stop the war during 24 hours, I think it will be enough to come," Zelenskyy said. Zelenskyy described the former president's rhetoric as "very dangerous" and appeared to be apprehensive that Trump's idea of a negotiated solution might involve Ukraine making major concessions to Russia. Throughout his political career, he has frequently lavished praise on Russian President Vladimir Putin, including after Moscow's February 2022 invasion of Ukraine.
Persons: Volodymyr Zelenskyy, CNBC's Andrew Ross Sorkin, Donald Trump, Zelenskyy, Trump, … I'm, that's, Vladimir Putin, Putin, Joe Biden's Organizations: White House, Republican, U.S . House Locations: Davos, Switzerland, Russia, Kyiv, Ukraine, Georgia, Russian
It was also a rare moment for Ms. Haley on the trail. Ms. Haley, 51, the former governor of South Carolina and a United Nations ambassador under Mr. Trump, has run a tightly controlled campaign. Several wondered whether the decision came after the wave of negative press Ms. Haley received in December when a voter asked her to explain the causes of the Civil War and she failed to mention slavery. “Then she was there forever taking pictures with people,” she said of Ms. Haley. But asked whether Mr. Trump would still be qualified to be president if he were convicted, she dodged.
Persons: ” Nikki Haley, N.H, Nikki Haley, Donald J, Trump, Ron DeSantis, , Trump’s, Haley, Who, Donald Trump, “ gaggles, DeSantis, Andrew Romeo, Hugh Hewitt, , won’t, Haley won’t, Nelia, Ms, Ajit Singh Randhawa, Haley’s, Chris Sununu, selfies, ” “, Organizations: Republican Party, CNN, New, United Nations, Mr, , Center, , Republicans, Trump Locations: Hollis, N.H, New Hampshire, South Carolina, Iowa , New Hampshire, , Iowa, Center Conway, Bretton Woods, Rochester
A person walks on the day of the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. REUTERS/Denis Balibouse Denis Balibouse | ReutersThe 2024 World Economic Forum in Davos, Switzerland will wrap Friday. Here are some of takeaways from Davos after our week talking to business leaders and government officials at the conference. Experts see no U.S. recession in 2024Overwhelmingly, economic experts and executives privately said they don't expect a U.S. recession in 2024. China fighting for cashChina's Premier Li Qiang speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.
Persons: Denis Balibouse Denis Balibouse, , , Donald Trump, Andrew Ross Sorkin, Denis Balibouse, Wyclef Jean, Sam Altman, Altman, Li Qiang, Premier Li Qiang, it's, Li, Ian Bremmer, Bremmer, they're Organizations: Economic, REUTERS, U.S, The New York Times, Wipro, Artificial Intelligence, Reuters, Technology, Recruit Holdings, Premier, Eurasia Group Locations: Davos, Switzerland, Zurich, Swiss, takeaways, U.S, Israel, Gaza, China, India, Beijing
The Davos consensus on the presidential electionPublicly, the global business leaders who gathered at the World Economic Forum in Davos, Switzerland, haven’t wanted to predict the winner of the upcoming U.S. presidential election. In an interview with Andrew on CNBC, he didn’t predict that Trump would win, but suggested that dismissing the former president and his supporters would be a mistake. “He wasn’t wrong about some of these critical issues, and that’s why they’re voting for him,” he said. “Trump is already the president at Davos — which is a good thing because the Davos consensus is usually wrong,” Alex Soros, the son of George Soros, said on a panel. A little history: The Davos consensus was that Hillary Clinton would beat Trump in 2016.
Persons: haven’t, Donald Trump, DealBook, Trump, Jamie Dimon, JPMorgan Chase, Andrew, , ” Dimon, , MAGA, bode, “ Trump, ” Alex Soros, George Soros, Hillary Clinton, Sting, Biden, It’s, Reddit, Macy’s, Tony Spring, Warren Buffett, Morningstar Organizations: Economic, JPMorgan, CNBC, Trump, NATO, Biden, Trump’s Republican, Davos, Apple Watch, Reuters, Investors Locations: Davos, Switzerland, U.S, China, American, Indonesia, E.S.G
People attend the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024. Javier MileiArgentina's President Javier Milei delivers a speech at the World Economic Forum (WEF) meeting in Davos on January 17, 2024. Sam AltmanSam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. He said AGI could be developed in the "reasonably close-ish future," speaking at a private gathering at the Bloomberg House in Davos, Switzerland. AI took a huge leap forward in the last year or two years," Benioff said on a World Economic Forum panel Thursday.
Persons: Denis Balibouse, Donald Trump, Ursula von der, Ursula von der Leyen, Jamie Dimon Jamie Dimon, JPMorgan, Adam Galici, Jamie Dimon, Dimon, Larry Fink's, bitcoin, Volodymyr Zelenskyy, CNBC's Andrew Ross Sorkin, Vladimir Putin, Zelenskyy, Putin, Javier Milei, Fabrice COFFRINI, FABRICE COFFRINI, Fabrice Coffrini, Milei, Adena Friedman Adena Friedman, Adena Friedman, Friedman, Sam Altman Sam Altman, Sam Altman, Altman, Antony Blinken Antony Blinken, CNBC Putin, Antony Blinken, Blinken, Trump's, it's, Christine Lagarde, Emmanuel Macron, Macron, Dmytro Kuleba, Arnd Wiegmann, Trump, Vladimir, Ukraine's, Kuleba, Michelle Yeoh Michelle Yeoh, Mike Coppola, Michelle Yeoh, CNBC's Tania Bryer, Yeoh, Pedro Sanchez Spanish, Pedro Sanchez, Isabel Infantes, Sanchez, Li Qiang Li Qiang, Li Qiang, Li, Isaac Herzog, Kfir Bibas, Herzog, Kfir, Hossein Amir, Abdollahian, Atta Kenare, Joe, Biden, Netanyahu, Amir, Sergio Ermotti, MICHAEL BUHOLZER, Ermotti, Marc Benioff Marc Benioff, Salesforce, CNBC's Sara Eisen, Marc Benioff, Benioff, Ray Dalio Ray Dalio, Bridgewater, Ray Dalio, Dalio, Mark Carney Mark Carney, DANIEL LEAL Organizations: Economic, Reuters, European, JPMorgan Chase, CNBC, BlackRock, Getty, Afp, NASDAQ, CNBC Nasdaq, Reuters OpenAI, Bloomberg, State, European Central Bank, Central Bank, Reuters Ukraine's, United Nations Development, Spanish, Getty Images, Hamas, Palestinian, Hezbollah, Turkish, AFP, Iranian, Sergio Ermotti UBS, Getty Images UBS, Credit Suisse, Bridgewater Associates, U.S, Bank of England, UN, OLIVAS Locations: Davos, Switzerland, Ukraine, Gaza, Russia, China, Moscow, WEF, AFP, OpenAI, U.S, Russian, Iran, Europe, United States, Hollywood , California, Madrid, Spain, Beijing, Washington, Lebanese, Tehran, Israel, Hiroshima
It was also a rare moment for Ms. Haley on the trail. Ms. Haley, 51, the former governor of South Carolina and a United Nations ambassador under Mr. Trump, has run a tightly controlled campaign. Several wondered whether the decision came after the wave of negative press Ms. Haley received in December when a voter asked her to explain the causes of the Civil War and she failed to mention slavery. “Then she was there forever taking pictures with people,” she said of Ms. Haley. But asked whether Mr. Trump would still be qualified to be president if he were convicted, she dodged.
Persons: ” Nikki Haley, N.H, Nikki Haley, Donald J, Trump, Ron DeSantis, , Trump’s, Haley, Who, Donald Trump, “ gaggles, DeSantis, Andrew Romeo, Hugh Hewitt, , won’t, Haley won’t, Nelia, Ms, Ajit Singh Randhawa, Haley’s, Chris Sununu, selfies, ” “, Organizations: Republican Party, CNN, New, United Nations, Mr, , Center, , Republicans, Trump Locations: Hollis, N.H, New Hampshire, South Carolina, Iowa , New Hampshire, , Iowa, Center Conway, Bretton Woods, Rochester
But one topic dominating a lot of discussion among U.S. business leaders and policymakers has been largely missing from the official agenda: rising antisemitism after the Oct. 7 Hamas-led attacks on Israel. Only one panel to discuss the topic is on the agenda out of the forum’s hundreds of presentations. The panelists at the session this afternoon include Doug Emhoff, the husband of Vice President Kamala Harris; Michal Herzog, the wife of Israel’s president; and Jonathan Greenblatt of the Anti-Defamation League. (Isaac Herzog, Israel’s president, spoke this morning.) “I’m disappointed that there isn’t more of a conversation about antisemitism here,” Leon Kalvaria, the chairman of Citigroup’s Institutional Clients Group and a longtime Davos attendee, told DealBook.
Persons: Doug Emhoff, Kamala Harris, Michal Herzog, Jonathan Greenblatt, Isaac Herzog, “ I’m, ” Leon Kalvaria, DealBook, Organizations: Economic, Defamation League, Group Locations: Davos, Switzerland, Ukraine, U.S, Israel
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17yth, 2024. "You have all these very powerful forces that are going to be affecting us in '24 and '25," Dimon told Andrew Ross Sorkin Wednesday in a CNBC interview at the World Economic Forum in Davos. "Ukraine, the terrorist activity in Israel [and] the Red Sea, quantitative tightening, which I still question if we understand exactly how that works," Dimon said. Quantitative tightening refers to moves by the Federal Reserve to reduce its balance sheet and rein in previous efforts including bond-purchasing programs. In Dimon's view, the relatively buoyant stock market of recent months has lulled investors on the potential risks ahead.
Persons: Jamie Dimon, JPMorgan, 17yth, JPMorgan Chase, Dimon, Andrew Ross Sorkin, dory, we've Organizations: JPMorgan Chase, JPMorgan, CNBC, Economic, Federal Reserve Locations: Davos, Switzerland, U.S, Ukraine, Israel
Zelensky and Trump loom over DavosTwo people are having an outsize impact at the World Economic Forum, and one of them isn’t even there. One is Volodymyr Zelensky, Ukraine’s president, who put on a full-court press of business and global leaders at the forum in Davos, Switzerland. Zelensky isn’t the only leader at Davos worried about Trump. The Ukrainian leader has sought to shore up global business support. And the annual wine tasting hosted by Anthony Scaramucci, the financier and former Trump official, well, ran out of wine.
Persons: Volodymyr Zelensky, Donald Trump, Zelensky, Vladimir Putin, Andrew, Trump, Putin, , ” Zelensky, Republican Party ”, DealBook, thumped, JPMorgan Chase, Steve Schwarzman, Blackstone, Ray Dalio, David Rubenstein, Carlyle, Michael Dell, John Kerry, Biden’s, Anthony Scaramucci, Christine Lagarde, Christopher Waller, Nelson Peltz’s, James Gorman, Morgan Stanley, Mary Barra, General Motors —, Bob Iger, Disney’s, Murray Auchincloss, Bernard Looney, Auchincloss, Yi Fuxian Organizations: Trump, Economic, Ukraine, Republican Party, Republican, JPMorgan, Congress Center, Dell, European Central Bank, Fed, Disney, General, BP, University of Wisconsin – Locations: Davos, Switzerland, Europe, Ukraine, American, Iowa, Bridgewater, China, Beijing, Russia, Britain, U.S, Asia, University of Wisconsin – Madison
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJamie Dimon warns ‘all these very powerful forces’ will affect U.S. economy in 2024 and 2025JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of a combination of financial and geopolitical risks. “You have all these very powerful forces that are going to be affecting us in ’24 and ’25,” Dimon told Andrew Ross Sorkin Wednesday in a CNBC interview at the World Economic Forum in Davos.
Persons: Jamie Dimon, , ” Dimon, Andrew Ross Sorkin Organizations: JPMorgan Chase, CNBC, Economic Locations: U.S, Davos
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPalantir CEO Alex Karp: Antisemitism as a prejudice has always been the canary in the coal mineCNBC's Andrew Ross Sorkin shares a preview his interview with Palantir CEO Alex Karp at the World Economic Forum in Davos, Switzerland.
Persons: Alex Karp, Andrew Ross Sorkin Organizations: Economic Locations: Davos, Switzerland
Antony Blinken, U.S. Secretary of State, speaks with CNBC's Andrew Ross Sorkin at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Russian President Vladimir Putin has "precipitated virtually everything he sought to prevent" by launching an invasion against Ukraine to separate Kyiv from the West, U.S. Secretary of State Antony Blinken said at a panel discussion in Davos, Switzerland. "Ukraine has been a profound strategic failure for Vladimir Putin and for Russia, in so many ways," he said Wednesday. "You now have a Russia that overall is weaker militarily, it's weaker economically, it's weaker diplomatically. Witnessing Moscow's ire in Ukraine, Finland and Sweden abandoned their long-held neutrality and applied to join the military group in May 2022.
Persons: Antony Blinken, CNBC's Andrew Ross Sorkin, Vladimir Putin, Organizations: State, West, NATO, EU Locations: U.S, Davos, Switzerland, Ukraine, Russia, Europe, Finland, Sweden, Hungary, Turkey
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