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In this next term, I’m going to make sure we got to — straighten out the tax system. STEPHANOPOULOS: The number of Americans who think you’re too old to serve has doubled since 2020. STEPHANOPOULOS: I’ve — I’ve questioned him and his allies as persistently as any journalist has. We have — I mean, I’m not seen what you’re — you’re proposing. He may bring me down, he may.”STEPHANOPOULOS: Mr. President, I’ve never seen a president 36 percent approval get re-elected.

Persons: Biden, George Stephanopoulos, GEORGE STEPHANOPOULOS, BIDEN, Nancy Pelosi, you’ve, I’m, You’ve, I’ve, ”, “, who’ve, what’s Biden, George, — BIDEN, —, “ You’re, Walter Reed, Madeleine Albright, Netanyahu, They’ll, ” BIDEN, Putin, it’s, I’d, Donald Trump, You’re, It’s, he’s, you’re, That’s, “ That’s, hadn’t, Nothing’s, They’re, Trump, — I’ve, oth, Hoover, Mark Warner, We’ve, Mark’s, Chuck Schumer, Hakeem Jeffries, “ We’re, Jim Clyburn, they’re, Almighty, “ Joe, ” I’d, Almighty’s, Hakeem, “ Oh, what’s, I’ll, George . Organizations: ABC, The New York Times, National Security Council, New York Times, The Washington Post, Street, NATO, Big Pharma, BIDEN, Putin, AUKUS, Senate, CBS Poll, NBC, Electoral College, Washington Post, Democratic Party, House Democrats, Senate Democrats Locations: Europe, Camp David, North Carolina, —, Georgia, The, England, Pacific, Ukraine, South Korea, United States, It’s, New York, China

☆ Eyeing China, the Philippines wants to buy its first attack submarine
▼ + stars: | 2024-07-06 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Read previewAmid rising tensions with China, the Philippines is planning to buy its first submarine. AdvertisementChina and its neighbors have been at loggerheads for the past decade, after Beijing claimed sovereignty over most of the South China Sea, including islands and resource-rich waters. AdvertisementBut that leaves the question of how readily the Philippines Navy can operate a submarine. Chinese Coast Guard holding knives and machetes as they approach Philippine troops in the disputed South China Sea on June 17, 2024. Armed Forces of the Philippines via AP, FileA single submarine would do little to change the power imbalance between the Philippines and China.

Persons: —, Greg Poling, Ferdinand Marcos Jr, Thomas Shoal, Poling, Rodrigo Duterte, You've, Mark Manantan, Manantan, Michael Peck Organizations: Service, Business, Philippine Navy, Washington -, Strategic, International Studies, Diesel, Philippines Navy, Malaysia, Forum, Islamic, Philippine Communist Party, Coast Guard, Armed Forces, AP, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, Philippines, Philippine, South China, Asia, Washington, loggerheads, Beijing, Vietnam, Malaysia, Sierra Madre, American, France, Spain, South Korea, Italy, Indonesia, Hawaii, Mindanao, Manila, Asian, Forbes

☆ North Koreans have a new fashion accessory — Kim Jong Un lapel pins. Here's what they mean for the supreme leader's legacy.
▼ + stars: | 2024-07-06 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Read previewNorth Korean officials have been spotted wearing lapel pins featuring the image of the country's supreme leader, Kim Jong Un. A pin on a North Korean state cameraman showing Kim Il Sung and Kim Jong Il. While Kim Il Sung and Kim Jong Il have been immortalized by national holidays marking their birthdays, statues, and portraits across North Korea, relatively few images featuring Kim Jong Un have been found in public since he came to power in 2011. North Korea, Kim, and PutinNorth Korea was founded in 1948 under Kim Il Sung as the Democratic People's Republic of Korea. In recent years, the country's current leader, Kim Jong Un, has sought to develop increasingly strong ties with Russian President Vladimir Putin.

Persons: —, Kim Jong Un, Kim Il Sung, Kim Jong Il, Kim Jong Un's, Jorge Silva, Kim Jong, he's, Edward Howell, Howell, Kim, Peter Moody, Vladimir Putin Organizations: Service, Workers, Party, North, Associated Press, Business, REUTERS, Workers ' Party, Sungkyunkwan University, Telegraph, Putin, Democratic People's Locations: Korean, North Korea, Korea, Putin North Korea, Democratic People's Republic of Korea, South Korea, Moscow, Ukraine, Pyongyang

☆ Photos show what it's like inside the North Korean summer camp where Russian kids will go
▼ + stars: | 2024-07-06 | by ( Joshua Zitser | ) www.businessinsider.com time to read: 1 min

Some kids went because it seemed like a cheap beach holiday, a former camper says. Girls shower at a beach in Songdowon. Wong Maye-E/APFrolov, who went to Songdowon to see North Korea with his own eyes, told BI that many others in his cohort were there for a different reason — a chance to go on a beach vacation for very little money. The summer camp is heavily subsidized by North Korea, and he said it only costs visiting campers about $300 to $400 for the trip. It also has a private beach area.

Persons: Wong Maye Organizations: North Locations: Songdowon, North Korea

Despite doing well enough to pay for his parent's retirement, the 28-year-old tells CNBC Make It he found himself without purpose, feeling depressed, and needing to make a change. Lee moved to Bangkok, Thailand in 2021. Despite lower grocery costs in Bangkok, Lee eats out for every meal and spends $500 a month on food. Lee tells CNBC Make It he chose to leave America because he found himself materialistic and living in an "environment that was just very individualistic, very doggish, and very hyper-aggressive." Lee has made a new life for himself in Thailand, he says, and returning to the U.S. doesn't feel likely.

Persons: Paul Lee, Lee, Marc Aziz Ressang, it's, Thailand — Organizations: CNBC Locations: Thailand, United States, Georgia, New York City, Bangkok, Soho, New York, America, South Korea

☆ Samsung really wants to outsmart Apple in the Galaxy-iPhone battle
▼ + stars: | 2024-07-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

From the city of Suwon, Samsung — the family-led titan of Korean industry — has been the world's top smartphone seller, beating Apple. Last month, Apple unveiled Apple Intelligence, a vision of generative AI that will give its devices a total refresh. In doing so, Apple hopes to inspire consumers to upgrade their iPhones so they can access its suite of AI features. (Only newer models like the iPhone 15 Pro and upcoming iPhone 16 line-up will offer Apple Intelligence). It debuted Galaxy AI, its first take on generative AI features for its devices, at the January launch of its flagship Galaxy S24 range.

Persons: —, Lee Jae, Park, Lee, Siri Organizations: Service, Samsung, Apple, Business, IDC, Samsung Electronics, Bloomberg, South, Apple Intelligence, AI, Samsung Galaxy, Google Locations: South, Suwon, Paris, China

☆ Hugh Jackman and Ryan Reynolds have been hamming it up on ‘Deadpool & Wolverine’ press tour
▼ + stars: | 2024-07-06 | by ( Dan Heching | ) edition.cnn.com time to read: +2 min

CNN —“How is this a job?” Ryan Reynolds recently asked on Instagram, in reference to his current publicity tour to promote his upcoming “Deadpool & Wolverine.” Our thoughts, exactly, Ry. Reynolds, who is about to incarnate Wade Wilson a.k.a. Deadpool on the silver screen for a fourth time in the sequel, recently visited both Shanghai, China and Seoul, South Korea with his costar, Hugh Jackman (otherwise known as Logan/Wolverine) and their director Shawn Levy. Jackman even reposted a Story from the Instagram user Avengergram, who wrote in a caption over a photo of toy figurines of the titular pair, “Seeing all the ‘Deadpool & Wolverine’ press tour posts is like watching a romantic comedy.”Up next for the stellar superhero group is Berlin, Germany. “Deadpool & Wolverine” barrels into theaters on July 26.

Persons: CNN —, ” Ryan Reynolds, Reynolds, Wade Wilson a.k.a, Deadpool, Hugh Jackman, Logan, Shawn Levy, ”, Kevin Feige, Jackman, . Jackman, Avengergram, Wolverine, “ Deadpool Organizations: CNN Locations: Shanghai, China, Seoul, South Korea, Korea, Berlin, Germany

☆ Demands in the Middle East risk leaving an aircraft carrier-sized hole in US naval power in the Western Pacific
▼ + stars: | 2024-07-05 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

The only US carrier in the area is on its way to the Middle East following a series of military drills in the Pacific. Sailors conduct flight operations on the deck of the aircraft carrier USS Theodore Roosevelt near Indonesia. The Theodore Roosevelt (CVN 71), a nuclear-powered aircraft carrier is anchored in Busan, South Korea. The aircraft carrier Shandong and a Chinese amphibious assault ship conducted an exercise in the South China Sea earlier this week. AdvertisementLately, China has also ramped up altercations with the Philippines in contested waters in the South China Sea.

Persons: —, Theodore Roosevelt Carrier, Vladimir Putin, Kim Jong Un, Roosevelt, Gerald R, Dwight D, Eisenhower, Theodore Roosevelt, Navy Petty, Andrew Benvie, Ronald Reagan, Carl Vinson, Song Kyung Organizations: Service, US Navy, Business, Theodore Roosevelt Carrier Strike Group, North, South Korean, Nimitz, Ford, Navy, Pentagon, Western Pacific, USNI News, Information, AP, South China, Coast Guard Locations: China, South Korea, Japan, North Korea, Gulf of Aden, Israel, Indonesia, Pacific, Russia, Philippines, Western, Eastern Pacific, Hawaii, Philippine, Busan, Shandong, South, Soviet, Liaoning, China's, Fujian, Beijing, South China

☆ Euro 2024 day 22: Goodbye to Ronaldo and Kroos as Spain and France set up semi-final
▼ + stars: | 2024-07-05 | by ( The Athletic Uk Staff | ) www.nytimes.com time to read: +9 min

Euro 2024 has its first pair of semi-finalists. GO DEEPER Toni Kroos was at the top of his game at Euro 2024 - so why is he retiring? France had also lost their previous three penalty shootouts in major tournaments, not winning one since the 1998 World Cup. And he did, sending Costa the wrong way to keep France’s Euro 2024 dream alive. every one bar their final group game) Ronaldo played every second.

Persons: Mikel Merino’s, there’s, Joao Felix, Cristiano Ronaldo, Toni Kroos, Florian Wirtz’s, Merino, Jaime Reina, Qian, Kroos, Sebastian Stafford, Dermot Corrigan Spain’s, Luis de la, Mikel Merino's, Li, bea, kee, tim, Ron, dre, Amy Law, sid e Organizations: England, Getty, Champions League, Real Madrid, Bloor, Croatia, Albania, Georgia, pla Locations: Spain, Germany, Portugal, France, Denmark, Italy, SPAIN, ste, goa

☆ CNBC Daily Open: UK Labour landslide election victory
▼ + stars: | 2024-07-05 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. UK Labour wins landslide victoryThe center-left Labour Party has won a landslide victory, ending 14 years of Conservative rule. Samsung shares climbed 2.84%, hitting their highest level since January 2021. Here are Evercore ISI's best stock ideas for the second half.

Persons: Keir Starmer's, Tony Blair's, Rishi Sunak, Brexiteer Nigel Farage, jeopardizing, Korea's Kospi, nonfarm payrolls, Saks, Neiman Marcus, Bergdorf Goodman Organizations: New York Stock Exchange, CNBC, Labour, Labour Party, Conservative, Keir Starmer's Labour, Party, Nikkei, Samsung, Samsung Electronics, CSI, S3 Partners, Saks Fifth, HBC, Saks, ISI Locations: May's

☆ Japan’s aging society is transforming the baby care business.
▼ + stars: | 2024-07-05 | by ( Rosa Deacostanoya | Rosa De Acosta | ) edition.cnn.com time to read: +4 min

Last year, almost 30% of the Japanese population was 65 or older. In June 2023, Japanese Prime Minister Fumio Kishida unveiled a multi-billion dollar package of measures to encourage families to have more children. The growth of the older population is also changing the consumer product market. Demand for adult diapers in Japan has been rising, while the need for baby diapers has fallen. Electronics giant Panasonic has been researching and developing products aimed at the older population since 1990, according to its website.

Persons: Fumio Kishida Organizations: Hong Kong CNN, United Nations, UN, Euromonitor, Oji Holdings, Electronics, Panasonic, Ministry of, Hong, Seniors Locations: Hong Kong, Japan, China, Indonesia, Malaysia, Asia, South Korea, Taiwan, Africa, Europe, Northern America, America, Caribbean, Northern Africa, Western Asia, Saharan Africa

☆ Japan: US sending dozens of F-15EX, F35 fighter jets in $10 billion modernization
▼ + stars: | 2024-07-05 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

Japan said basing the new fighter aircraft in the country would enhance US capabilities there. But from 2022, as the twin-engine fighters neared the end of their service life, the US Air Force began pulling them from Kadena. The F-15EX is the Air Force’s newest fighter jet, with the first operational plane delivered to the Oregon Air National Guard in early June. The F-35As that will be stationed at Misawa Air Base are the Air Force’s newest stealth fighters. F-35s deliver “an enhanced capability to survive in the advanced threat environment in which it was designed to operate,” an Air Force fact sheet says.

Persons: Yoshimasa Hayashi, Carlos Barria, 15EX, Peter Layton, ” Layton, Layton, ”, CNN’s Hanako Montgomery Organizations: CNN, Defense Department, Pentagon, Japan Alliance, Misawa Air Base, Kadena Air Base, Marine Corps Air Station Iwakuni, U.S . Air Force, Chinese Communist Party, US Air Force, Boeing, Military, Air Force’s, Oregon Air National Guard, USAF, Air Force, Griffith Asia Institute, Royal Australian Air Force, Japan Locations: Japan, Okinawa, Hiroshima, Honshu, United States, U.S, China, Russia, North Korea, Tokyo, East, North, Pyongyang, Britain, Australia, Nevada, Taiwan, Kadena, Washington

☆ Shohei Ohtani: How one man has brought a new wave of Japanese tourists to LA
▼ + stars: | 2024-07-04 | by ( Natasha Chen | ) edition.cnn.com time to read: +9 min

And with 12 new Japanese sponsors, Japanese-language stadium tours and new Japanese menu items, the Dodgers are making the most of the Ohtani effect. A mural showing Los Angeles Dodgers player Shohei Ohtani is painted on the side of the Miyako Hotel in Little Tokyo in downtown Los Angeles. “He’s just a phenomenal individual, right?” said Judy Clow, who brought her brother from Japan to a Japanese-language tour at Dodger Stadium. My gosh!”Shohei Ohtani warms up before a preseason game against the Los Angeles Angels at Dodger Stadium on March 24, 2024. Some of the six new Japanese-language tour guides at Dodger Stadium actually worked at Angels Stadium previously, serving the same fans.

Persons: There’s, Takayo Hizume, CNN it’s, Shohei, Robyn Beck, ’, Hizume, Ohtani, Los Angeles –, Akira Yuhara, ” Yuhara, swindling, “ He’s, ”, Judy Clow, Harry, Christine Gerriets, ” Gerriets, Kay Ponak, Norma Galeana, CNN Mihana Hayashi, takoyaki, Hayashi, Nanoha, “, giveaways, Stan Kasten, ” Kasten, Kasten, Robert Vargas, Vin Scully, ” Vargas, “ Ohtani, Adam Burke, Hiroko Hinata, Natasha Chen, CNN Yuhara, Miyako, Don Tahara, Shania Baweja, Jason Kravarik Organizations: Los Angeles CNN, Dodgers, Ohtani’s, CNN, Angeles Dodgers, Getty, Dodger, Los Angeles Angels, Angels, Daiso, Toyo, Far, Los, Los Angeles Tourism, LA Tourism, Ohtani's Dodgers, Far Bar Locations: Japan, Los Angeles, California, Pacific, Miyako, Little Tokyo, AFP, –, South Korea, Southern California, LA, Anaheim, guacamole, Nagoya, Asian, Japanese

Hong Kong CNN —There are a lot of princesses at Hong Kong Disneyland, but not the ones you think. Hair carefully coiffed, and in full makeup Liang Xiaoyu, 18, is dressed for a day out at Hong Kong Disneyland. Noemi Cassanelli/CNNAnd at Hong Kong Disneyland, Disney characters aren’t the sole fashion inspiration for dedicated fans. Li Mengru, 27, poses for a picture during an interview with CNN, at the entrance of Hong Kong Disneyland on June 7, 2024. Yang Yushen, who also goes by Kris, and his partner Jimmy Redinger like the romantic side of Hong Kong Disneyland.

Persons: “ Duffy, ”, Liang Xiaoyu, Noemi Cassanelli, CNN Liang, Mary Janes, Duffy, Qin Wuxiao, Jessie, it’s, Charmy Chan, Yanni Chung, Judy, Nick Wilde, “, Chan, CNN Oscar Yim, Captain America, Marvel, CNN Jing Hongche, Li Sitan, CNN Charmy Chan, Chung, Li Mengru, Chen Xinyu, Li, Chen, Linda Lee, CNN Li, Cassanelli, Yang Yushen, Kris, Jimmy Redinger, Ankh Wong, Kris Yang, Yang, Zootopia, Hercules ”, Redinger, Disney, Mariko Otomo, Nozomi Yasuda, Yuka Izawa, CNN Otomo, China’s “ meng ”, Mariko Otomo kitted, Deng Chundan, CNN Deng Chundan, Le, Godiva, Chow Tai, Gen, ” Shen Jing, CNN Linda Lee, CNN Chen Xinyu, CNN Lee, CNN Chen, lacy Organizations: Hong Kong CNN, Disney, CNN, Hong Kong Baptist University, USA, Captain, Hong Kong Disneyland, Marvel, “, Hong, Hong Kong Tourism, Hong Kong Locations: Hong Kong, Guangzhou, Hong, China’s Fujian, Guangdong, Japan, Arendelle, Tomorrowland, Tsim Sha Tsui, China, Southeast Asia, Philippines, Thailand, Singapore, South Korea, Grizzly Gulch, United States, Chinese, Hebei, Asia, Hangzhou

☆ China leads the patents race for generative AI, with Tencent and Baidu topping the list
▼ + stars: | 2024-07-04 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

TIANJIN, CHINA - JUNE 20: A humanoid robot Xiao Qi is on display during the 2024 World Intelligence Expo at the National Convention and Exhibition Center (Tianjin) on June 20, 2024 in Tianjin, China. (Photo by VCG/VCG via Getty Images)China dominates the global race in generative artificial intelligence patents, filing more than 38,000 patents from 2014 to 2023, a new United Nations report on Thursday showed. Generative AI is a type of artificial intelligence that allows users to generate content such as text, images, music, audio, and videos. Geographically, China leads with 38,210 inventions, far surpassing the U.S. (6,276), Republic of Korea (4,155), Japan (3,409) and India (1,350). Generative AI patents currently make up 6% of total AI patents in the world, according to the report.

Persons: Xiao Qi Organizations: National Convention, Exhibition Center, Getty Images, United Nations, U.S, UN, Intellectual, Organization Locations: TIANJIN, CHINA, Tianjin, China, Republic of Korea, Japan, India

☆ Putin and Kim Jong Un are getting alarmingly close, and it's put US ally South Korea in a predicament
▼ + stars: | 2024-07-04 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

Read previewRussia and North Korea's newfound friendship has left key US ally South Korea in a predicament with few good options. Last month, Russian President Vladimir Putin visited Pyongyang, where he and North Korean leader Kim Jong Un further strengthened their partnership. SEOUL, SOUTH KOREA: A TV at Yongsan Railway Station shows North Korea's fired Hwasong-18 solid-fuel intercontinental ballistic missile (ICBM). Russian President Vladimir Putin and North Korea's leader Kim Jong Un drive a Russian Aurus limousine during their meeting in Pyongyang, North Korea. With Putin supporting North Korea, tensions are higher between Pyongyang and Seoul, and the two could find themselves on the brink.

Persons: —, Vladimir Putin, Kim Jong, Korea's, KIM Jae, Sue Mi Terry, Putin, he's, Victor Cha, they've, Cha, Terry, what's, Caesar, LIONEL BONAVENTURE, Kim Organizations: Service, North, Business, SOUTH, Getty, Council, Foreign Relations, South Korean, Ukraine, KCNA, Reuters, Center for Strategic, International Studies, Putin Locations: Russia, North, South Korea, Seoul, Ukraine, North Korea, Russian, Pyongyang, SEOUL, SOUTH KOREA, Yongsan, Korea, North Korean, Moscow, Asia, Poland, Ukrainian, Tarbes, France, Kyiv, China, United States

☆ I got laid off from Google in my 50s and juggled 3 jobs at Trader Joe's, Lyft, and Starbucks. It was a humbling experience.
▼ + stars: | 2024-07-04 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Kim started working at Trader Joe's 10 days after getting laid off from Google. So just 10 days after getting laid off, I started a part-time role at Trader Joe's. Related storiesI would work three morning shifts at Trader Joe's, Starbucks in the afternoons and drive for Lyft in between. After almost a year I quit my job at Starbucks and I was promoted to a manager role at Trader Joe's. I made a point of remembering 100 people's names at Trader Joe's within my first month.

Persons: —, Kim, Lois Kim, You've, I've, Joe's Organizations: Service, Google, Business, San, San Francisco Bay Area, Joe's, Starbucks Locations: Korea, San Francisco Bay

☆ Forget right or left. Voters are sick of whoever's in charge.
▼ + stars: | 2024-07-04 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Though some say right-wing movements are on the rise globally, in this year's elections, that's not universally the case. Andy Soloman/UCG/Universal Images Group via Getty ImagesIn short, voters are just fed up — no matter who's in charge. Voters want a chanceGlobally, it's not hard to see an anti-establishment, anti-incumbency trend playing out. So-called "double haters" — voters who dislike both Trump and Biden — have made up an influential chunk of the electorate in recent polls.

Persons: —, that's, Brian Greenhill, Rishi Sunak's, Andy Soloman, Greenhill, Keir Starmer, Rishi, Emmanuel Macron's, Narendra Modi's, Yoon Suk, Joe Biden, Donald Trump, de, Richard Wike, Sweden —, Wike, Mike Kemp, there's, Biden —, Biden, it's Organizations: Service, Business, SUNY, Environmental, Getty, Voters, Labour, Conservative Party, Reuters, African National Congress, NPR, de Maismont, Pew's, Research, Pew Research, Trump Locations: India, France, SUNY Albany, South Korea, —, United States, AFP, Canada, Germany, Greece, Italy, Japan, Netherlands, Spain, Sweden, America

☆ Putin touts ‘stabilizing’ force of China-Russia ties as Xi hails ‘lasting friendship’ at security summit
▼ + stars: | 2024-07-04 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

“Russian-Chinese cooperation in global affairs serves as a main stabilizing factor on the international stage, and we continue to further enhance it,” Putin said. China has surpassed the European Union to become Russia’s top trade partner, offering a crucial lifeline to its heavily sanctioned economy. The two nuclear-armed neighbors have also continued to hold joint military exercises, including with Iran. Both moves are widely seen as part of a broader push by Xi and Putin to create an alternative world order that is no longer dominated by the West. Xi said Wednesday that China backed Russia’s role as BRICS chair this year in uniting the Global South, preventing a “new Cold War” and opposing hegemonism, according to state-run news agency Xinhua.

Persons: Hong Kong CNN — Russia’s Vladimir Putin, Xi, Putin, ” Putin, “, ’, ” Xi, ” Organizations: Hong Kong CNN, Wednesday, Shanghai Cooperation Organization, SCO, “, Union, Foreign Ministry, West, China, Xinhua Locations: Hong Kong, Kazakhstan, Russia, China, Russian, Moscow, Central Asia, United States, Belarus, Ukraine, Iran, Beijing, North Korea, Europe, “

☆ China faces economic headwinds as it grapples with an aging — and shrinking — population
▼ + stars: | 2024-07-04 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Fertility rates across OECD countries have halved since 1960, according to a new OECD report. He said the three countries are disproportionately impacted by a rapidly aging population, largely due to improved standards of living, which have a "very strong inverse relationship with fertility rates." These improved conditions have led to a greater opportunity cost for having children, Xu said. Shrinking workforceA decline in fertility rate puts pressure on the economy and the society at large as the working population shrinks. China's policy shiftsIn China, policymakers have been putting a big emphasis on "productivity growth," Xu told CNBC.

Persons: Leren Lu, Darren Tay, Erica Tay, Tianchen Xu, Xu, BMI's Tay, Tay, Maybank's Tay Organizations: OECD, BMI, Risk, United Nations, Economist Intelligence, Economic Co, National Bureau of Statistics, CNBC, Economist Intelligence Unit Locations: China, Asia, South Korea, Japan, East, Southeast Asia, Maybank

☆ BTS member Jin to participate as South Korea torchbearer in Paris 2024 Olympic torch relay
▼ + stars: | 2024-07-03 | by ( Gawon Bae | ) edition.cnn.com time to read: +1 min

CNN —K-pop star Jin, a member of the supergroup BTS, will participate as a torchbearer for South Korea at the Olympic torch relay for this year’s Games, according to a statement from his talent agency on Wednesday. “Jin will take part in the Olympic Torch Relay to spread the message of ‘harmony’ and ‘peace,’” HYBE said. The singer-songwriter is the eldest member of BTS and was discharged from the military after completing his mandatory service in June. The flame for the Paris Games was lit in Olympia, Greece – the birthplace of the ancient Olympics – back in April. The flame, which has been traveling in a relay ever since, will light the cauldron to mark the opening for the Summer Games.

Persons: CNN —, Jin, “ Jin, ’ ” HYBE, Raphaël Varane Organizations: CNN, Paris Games, Summer, France, Paralympic Games Locations: South Korea, Olympia, Greece, Paris

☆ U.S. Allies See a Worrisome Turn in Presidential Immunity Ruling
▼ + stars: | 2024-07-03 | by ( Motoko Rich | ) www.nytimes.com time to read: +1 min

Allies of the United States had already been looking at the country’s upcoming election with anxiety. Now, with the United States Supreme Court granting an unprecedented expansion of executive power by giving presidents legal immunity, analysts in some of those countries are even more concerned about the reliability of American power. “We cannot maintain a stable national security relationship.”Mr. Komamura added that the Supreme Court’s decision now gave the perception of an American president who can operate above the law. “This may be rude to the U.S., but it is not that different from Xi Jinping in China,” he said. “The rule of law has become the rule of power.”

Persons: ”, Keigo Komamura, ” Mr, Komamura, Xi Organizations: United States, Keio University Locations: United States, Asia, Europe, Russia, North Korea, China, U.S, Tokyo

Domestically, slot machines are prohibited on military bases, though casinos are frequently located nearby. The VA began treating gambling disorders in the late 1960s, about nine years after Congress banned slot machines from domestic bases. The Department of Defense declined CNBC's request for an interview, but said in a statement there hasn't been any systemwide increases in resources to address problem gambling. "DoD researchers are aware of changes in gambling availability due to new mobile and sports gambling options and will consider these variables in future military gambling research," a department spokesperson said in an email. The military is conducting a new survey, with results expected in the fall, the spokesperson addedThe Department of Defense operates slot machines on military bases abroad.

Persons: Dave Yeager, Yeager, servicemembers, Heather Chapman, It's, Dominick DePhilippis, Chapman, hasn't Organizations: Istock, Army, Defense Department, CNBC, Department of Defense, Office, Lewis, McChord, Department of Veterans Affairs, DoD Locations: South Korea, Washington, U.S

☆ I stayed at a North Korean summer camp. We polished statues and played a game where we destroyed the White House.
▼ + stars: | 2024-07-03 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +5 min

When I was a kid, I remember watching a TV documentary about North Korea. I tried to find more information, so I subscribed to a group called "Solidarity with North Korea" on VKontakte — Russia's equivalent to Facebook. AdvertisementIn it, the Communist Party of the Russian Federation offered a chance to go to a North Korean children's summer camp for about $300. AdvertisementHowever, the North Korean children in the camp were quite segregated from us, and we only met them once on our last day. I can easily make friends just by talking about my experiences — people just want to hear about North Korea.

Persons: —, Yuri Frolov, Yuri Frolov's, Kim Il, Kim Il Sung, Kim Jong Il Organizations: Service, Korea's, Business, Facebook, Communist Party of, Russian Federation, Communist Party, North Locations: North Korea, Korean, St . Petersburg, Vladivostok, Russia, Pyongyang, Pueblo, Songdowon, Laos, Nigeria, Tanzania, China, North

☆ Natural gas is starting to resemble oil as a global commodity – here's why that matters and how to play it
▼ + stars: | 2024-07-03 | by ( Spencer Kimball | ) www.cnbc.com time to read: +7 min

Natural gas has historically been a regional commodity, with supply limited by pipeline networks. "Natural gas is starting to resemble oil in that there's a more global market emerging for it," Antia told CNBC in an interview. The global capacity to liquefy natural gas has grown 60% since 2014, reaching 483 million metric tons annually as of February 2024, according to the IGU. Cheniere: LNG powerhouse The U.S. dominates the global LNG market, accounting for 21% of global exports last year and shipping 84 million metric tons, according to the IGU. Cheniere Energy , a global LNG leader based in Houston, is an opportunity for investors who want exposure to the growing global gas market, Antia said.

Persons: Shehriyar Antia, PGIM, Antia, Bernstein, Cheniere, Morgan Stanley, Biden, Mark Menezes, CNBC's, Menezes, Trump Organizations: Prudential Financial, CNBC, International Gas Union, Cheniere Energy, York Stock Exchange, Department of Energy, U.S, LNG, European Union, U.S . Department of Energy, European, United States Energy Association Locations: U.S, Houston, Cheniere's, of Mexico, Indonesia, China, India, Japan, South Korea, Europe, Asia, Russia, Moscow, Ukraine, United Kingdom, European Union

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