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☆ I'm a digital nomad in Big Tech who got promoted to senior management in 2 years. Traveling constantly hasn't held me back.
▼ + stars: | 2024-04-04 | by ( Cornelia Holzbauer | ) www.businessinsider.com time to read: +6 min

Read previewThis as-told-to essay is based on a transcribed conversation with Andre Maxwell, a digital nomad who works at cloud security company Okta. I had already been a digital nomad for almost a year, working as a cybersecurity engineer at a smaller tech company. I start working at 5 p.m. local time from Dubai or 10 p.m. from Japan. Discovering new restaurants and cafés in a coastal city, near the water with the sun shining on me — it makes the sacrifices of the digital nomad life all worth it. If your role mainly depends on you and your ability to perform, then I think it's much easier to go the digital nomad route.

Persons: —, Andre Maxwell, I've Organizations: Service, Okta, Business, Time Locations: Tulum, Mexico, Okta, Dallas, That's, Thailand, Japan, Finland, Austria, Dubai, California, Barcelona

☆ Taipei 101: How Taiwan’s tallest skyscraper withstands earthquakes
▼ + stars: | 2024-04-04 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

But in a triumph of modern engineering, the soaring Taipei 101, once the world’s tallest skyscraper, emerged from the island’s latest seismic event undamaged. A 660-ton spherical device called a tuned mass damper swings like a giant pendulum in the skyscraper's upper floors. “It’s essentially a very large counterweight,” explained Stefan Al, author of “Supertall: How the World’s Tallest Buildings Are Reshaping Our Cities and Our Lives,” in a phone interview. “In the case of Taipei 101, it’s 660 tons. Lee & Partners, Taipei 101 was the world’s tallest building from 2004 until 2007, when it was surpassed by the Burj Khalifa in Dubai.

Persons: Richard Chung TW, “ It’s, ”, Stefan Al, “, it’s, ” Al, Al, Lee Organizations: CNN, National Fire Agency, Lee & Partners Locations: Taiwan, Hualien County, Taipei, New York, Burj Khalifa, Dubai, ”, Indonesia, Chile

☆ World Central Kitchen: Who were the killed aid workers?
▼ + stars: | 2024-04-03 | by ( Robert Picheta | ) edition.cnn.com time to read: +7 min

CNN —The non-profit World Central Kitchen (WCK) has named its seven aid workers who were killed in an Israeli military strike in Gaza on Monday, praising their “beautiful souls,” as international condemnation over the incident grows. From World Central KitchenJohn Chapman, James Henderson and James KirbyThe three Brits killed were John Chapman, 57, James “Jim” Henderson, 33, and 47-year-old James Kirby. From World Central KitchenLalzawmi “Zomi” FrankcomAustralian Prime Minister Anthony Albanese praised Lalzawmi “Zomi” Frankcom, citing her previous humanitarian efforts. From World Central KitchenWhat is the World Central Kitchen? In a Reuters interview, Andres accused Israel of “systematically” targeting the seven WCK aid workers.

Persons: Erin Gore, WCK, Frankcom, Damian Soból, Jacob Flinkinger, John Chapman, James, Jim, Henderson, James Kirby, James Henderson, James “ Jim ” Henderson, Kirby, Adam McGuire, Benjamin Netanyahu’s, Chapman, ”, “, Abutaha, Ahmad Al, Seif, Jacob Flickinger Jacob Flickinger, Samantha Power, Flickinger, Joe Biden, Biden, Damian Sobol, Wojciech Bakun, Donald Tusk, Netanyahu, Sobol, Anthony Albanese, Lalzawmi, ” Albanese, José Andrés, Andrés, Andres, Israel, ” Andres Organizations: CNN, Canada, Israel Defense Forces, IDF, Sky News, Media, WCK, Facebook, United Arab, Canadian, Central, Poland’s, Israel, Hamas, Reuters, NGO Locations: Gaza, Australian, British, Afghanistan, Bosnia, Palestinian, Ajman, United Arab Emirates, Dubai, US, Israel, United States, Canada, Przemysl, Poland, Przemyśl, Australia, Asia, warzones, Haiti, Cairo, Egypt, UN, Cyprus

☆ Dubai World Cup: How 82 racehorses traveled to one of the world’s biggest sporting events
▼ + stars: | 2024-04-02 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +8 min

The Dubai World Cup boasts $30.5 million in prizes, spread across nine races (including its namesake event, with an enormous $12 million purse), and attracts many of the world’s most elite equestrians. “This is a huge operation,” says John Nicholls, quarantine manager at Dubai Racing Club. “They get plenty of water, plenty of hay, and attention.”Emirates Skycargo has been transporting champion horses from across the world to the Dubai World Cup and Carnival races since 2002. Horses travel in air-conditioned stalls in the cargo bay of a plane, which can fit up to 25 stalls, with up to three horses in each. Horses walk to Meydan Racecourse from their quarantine stable for morning track work ahead of the Dubai World Cup.

Persons: CNN —, ”, John Nicholls, Nicholls, It’s, “, Emirates Skycargo, Sheikh Mohammed bin Rashid Al Maktoum, Nadeem Sultan, Suné Schäffler, that’s, Emirates SkyCargo, Rebecca Cairns, David Robson, Toto Wong, Hong Kong’s, Wong, Schäffler, “ they’re Organizations: CNN, Dubai, Dubai Racing Club, Emirates, Boeing, Business Class, Emirates Equine, Hong Kong Jockey Club, Hong Kong Locations: Emirates, Dubai, “, Equitrans, Al, Airport, city’s, Hong Kong

☆ Dealing with teenage daughters is difficult. Raising mine in the Middle East made it even harder.
▼ + stars: | 2024-04-01 | by ( Ulrike Lemmin-Woolfrey | ) www.businessinsider.com time to read: +4 min

Read previewMy husband and I were sitting outside our house in Dubai, ignoring the noise coming from partying teenagers inside. Instead, she was used to being brought back by car to our house after a sleepover at a friend's house. Parents and teenage daughter ballooning over the Yarra Valley in Australia. We packed up and moved to Australia, in order to allow our daughter a sample of "normal life" as a teenager. But that's normal teenage behavior too.

Persons: —, stealthily, It's, Christina, expat, Ulrike Lemmin Organizations: Service, United Arab Emirates, United Arab, Business, Burberry Locations: Dubai, United Arab Emirates, Doha, Qatar, Muscat, Oman, UAE, Yarra, Australia, Melbourne

☆ Boeing needs to be led by engineers, time is not on its side, Emirates Airline president says
▼ + stars: | 2024-03-27 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Boeing needs to be led by engineers if it wants to pull itself out of its current crisis, Tim Clark, the president of Emirates Airline, said in comments Wednesday. "To fix Boeing's issues the company needs a strong engineering lead as its head coupled to a governance model which prioritizes safety and quality," said Clark, who leads Dubai's flag carrier Emirates. Aviation analysts and former Boeing employees have criticized the company's reported sidelining of engineers in its senior management ranks. Boeing CEO Dave Calhoun will also step down at the end of 2024. "Whether, yet again, this changing of the guard will resolve Boeing's issues only time will tell, but time, unfortunately, is not on their side," Clark said.

Persons: Tim Clark, Max, Clark, Stan Deal, shakeup, Stephanie Pope, Dave Calhoun Organizations: Boeing, Emirates Airline, Alaska Airlines, Federal Aviation Administration, Justice Department, FAA, Max, Emirates, Machinists, Aviation, CNBC

☆ Insiders still have no idea what's going to happen to Russian oligarchs' seized superyachts
▼ + stars: | 2024-03-26 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Many of their superyachts were seized or frozen, leading industry insiders to question their fate. The war prompted many governments to enact sanctions against Russia's richest, including seizing their superyachts worth hundreds of millions of dollars. At least a dozen superyachts — worth well over $1 billion combined — have been affected. Russia's sanctioned superyachts are hard to buy and sellThe first problem is that many of the yachts are "frozen" — not seized. "How does it look if you bought a Russian boat?"

Persons: It's, —, Russia's, I've, Julia Simpson, Thompson of Monaco, it's, Joshua Naftalis, Ralph Dazert, Alfa Nero, Eric Schmidt, Simpson Organizations: Service, Russia's, Palm, SuperYacht, Thompson, Pallas Partners, SuperYacht Times Locations: Russia, Ukraine, Russian, San Diego, Antigua, Barbuda, Maldives, Montenegro, Dubai

☆ UN chief urges massive Gaza aid flow, sees 'dramatic starvation'
▼ + stars: | 2024-03-25 | by ( ) www.cnbc.com time to read: +3 min

Secretary-General answered questions on upcoming COP28 meeting in Dubai and continued war between Israel and Hamas. Israel should lift all obstacles to aid into Gaze and allow convoys of the U.N. Palestinian refugee agency UNRWA into northern Gaza where starvation is looming, Guterres said. Palestinians wait to receive food during the Muslim holy fasting month of Ramadan, as the conflict between Israel and Hamas continues, in Rafah, in the southern Gaza Strip March 13, 2024. Mohammed Abed | Afp | Getty ImagesIsrael stopped all imports of food, medicine, power and fuel into Gaza at the start of the war. Although it later let in aid deliveries, aid organisations say security checks and the difficulty of moving through a war zone have greatly hindered their operations.

Persons: Antonio Guterres, Lev Radin, Lightrocket, Israel, Guterres, Mohammed Salem, Mohammed Abed, Getty Images Israel, Ayman Safadi Organizations: UN, Getty, UNRWA, Hamas, Reuters, Palestinian, Getty Images, Jordan's, . Security, Afp Locations: Chile, Antarctica, Dubai, Israel, Gaza, Jordan, Rafah, Gaza's, Palestinian, Jordan's, Ramadan

☆ How to 3D-print a school in a war zone
▼ + stars: | 2024-03-25 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +11 min

Project Hive will provide the school with four extra classrooms to help it accommodate additional students displaced by the war, said Bonis. But he continues undeterred: “(This) is also a way of taking technology to give back hope.”A model of the 3D-printed school showing the four new classrooms. Where 3D printing is really great is when you have special geometries and shapes, because you’re totally free. According to Lange, there are cheaper, faster alternatives to 3D printing, such as prefabricated and modular buildings. Team4UAReconstructing communitiesTeam4UA is not the only organization to see the potential of 3D-printed construction in disaster and conflict zones.

Persons: Jean, Christophe Bonis, “ I’m, ” Bonis, Team4UA, Olga Gavura, “, ”, DUS, Christian Lange, you’re, Hong Kong University Lange, Lange, Jack Oslan, Oslan, ‘, Andriy Zakaliuk, Bonis, “ It’s Organizations: CNN, Team4UA, United Nations ’ International Organization for Migration, ”, Balbek, Ars Longa, Dubai Future Foundation, Hong Kong University, Robotic, 7CI Group, Russian, Diamond, Kyiv School of Economics, Lviv City Council’s Locations: Lviv, Ukraine, Europe, Russia, —, Texas, Austin , Texas, Nacajuca, Mexico, Dubai, Malawi, Arizona, “, Kherson, Kyiv

☆ A Chinese takeaway worker who had 61,000 bitcoin worth $1.8 billion seized by police found guilty of money laundering
▼ + stars: | 2024-03-21 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

In 2021, police seized 61,000 bitcoin from digital wallets linked to the Chinese takeaway worker. AdvertisementA former Chinese takeaway worker was found guilty of a money laundering offense after police discovered that she'd converted bitcoin worth billions into cash and big-ticket items including jewelry and properties in Dubai. The case unfolded after police seized 61,000 bitcoin from digital wallets linked to Wen in 2021. The crypto haul, which was worth £1.4 billion ($1.8 billion) then and would now be valued at $3.8 billion, the CPS said. AdvertisementWhen challenged, the woman said she'd made the money legitimately through bitcoin mining, and later claimed her employer gave her 3,000 bitcoin then worth about £15 million.

Persons: Jian Wen, Wen, —, Prosecutors, Cash, Jian, CPS Wen, she'd, Andrew Penhale, Adrian Foster Organizations: Service, Southwark Crown, CPS, UK . Police Locations: London, Dubai, Southwark, Leeds, China

☆ Foremost Group CEO Angela Chao was intoxicated during fatal car accident in Texas pond: police
▼ + stars: | 2024-03-20 | by ( Dan Mangan | ) www.cnbc.com time to read: +6 min

A toxicology report later showed that Chao had a blood-alcohol concentration of .233, the Blanco County Sheriff's Office said in its report. Chao drowned after friends and rescue workers tried without success to get the 50-year-old shipping executive out of the submerged vehicle. "Chao, who is still on the phone with Keinan, tells Keinan in a [calm] voice her feet are under water," the report said. "Chao told Keinan the water was rising and she was going to die, and said, 'I love you' to Keinan prior to the vehicle going under water." Both deputies entered the pond and tried repeatedly to locate Chao through the back door, "but were unable to," the report said.

Persons: Angela Chao, Pitbull, Chao, Mitch McConnell, Elaine Chao, Tesla, Jim Breyer, Breyer, Amber Landeau, Kienan, Keinan, Victoria Garcia, Victoria, Heela Yang Tsuzuki, One, James Chao, Bruce Wasserstein Organizations: U.S . Labor, Transportation, Blanco County Sheriff's, Ninth, Academy Museum of Motion Pictures, Harvard Business School, Rescue, Texas Rangers, FBI, Blanco County Sheriff's Office, American Bureau of Shipping Council, Harvard Business School's, Dean's Advisors, Metropolitan Opera, National Basketball, Boston Celtics, Facebook, Walmart, Marvel Entertainment, News Corp, Dell Locations: Los, Beverly Hills, Los Angeles , California, Johnson City, Austin, Ky, Texas, Blanco County, New York, Dubai

☆ Spring equinox: First day of spring arrives
▼ + stars: | 2024-03-19 | by ( Forrest Brown | ) edition.cnn.com time to read: +7 min

The spring equinox will arrive exactly at 3:06 UTC (Coordinated Universal Time) on Wednesday, March 20, according to EarthSky. Click here to look up the exact moment of the spring equinox where you’re located. Spring equinox has another nameIf you ever hear anyone say “vernal equinox,” it means the same thing. Zhang Xiaoyu/Xinhua News Agency/Getty ImagesIn Japan, Vernal Equinox Day is a public holiday (on Wednesday, March 20, this year). In China, trying to stand an egg upright is a popular game during the spring equinox, according to VisitBeijing.com.

Persons: Tuesday •, •, • Chiang Mai, David Silverman, Alex Pena, It’s, you’ve, it’s, Hugo Borges, Itzá, El Castillo, Zhang Xiaoyu, ” Organizations: CNN, Tuesday, United, Southern, Anadolu Agency, Getty, NASA, Northern Hemisphere, Northern, Southern Hemisphere, National Weather Service, Heritage, Xinhua News Agency Locations: • Anchorage, Alaska, Vegas ( Nevada, Tuesday • Guadalajara, Mexico, Chicago, Illinois, Toronto, Canada, Jacksonville, Florida, Halifax, • Dublin, Ireland, Accra, Ghana, • Berlin, Germany, • Alexandria, Egypt, • Ankara, Turkey, • Dubai, United Arab Emirates, • Mumbai, India, Thailand, • Hong Kong, • Tokyo, Japan, Stellenbosch , South Africa, Northern, South, Quito, Ecuador, Singapore, San Andrés, Zapotitán, El Salvador, Pole, Scandinavia, Itzá, Yucatan State, AFP, England, Malta, Yoyogi, Tokyo, Vernal, Persian, China

☆ The Orfali Bros Bistro is the best restaurant in the Middle East and North Africa — again
▼ + stars: | 2024-03-19 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +7 min

We love food, and we love people who love food,” says Orfali. Orfali Bros BistroA multicultural menuOrfali left Syria in 2006, relocating to Dubai a year later, and his brothers followed. “Different nationalities, different colors, different languages, different accents. Orfali Bros BistroA “flourishing” food sceneDubai’s restaurant scene has, until recently, been dominated by celebrity chefs and international franchises. “We build a relationship between us and the guests, and we make it family,” Orfali says.

Persons: CNN —, Mohamad Orfali, Treet Bel Laban ” —, ”, Orfali —, Mohamad, Omar, We’re, Orfali, “, Mohammad, barak, they’ve, Orfali Bros, Eclair, Samantha Wood, “ Mohamad, Wood, Chez Wam, ” Orfali, “ It’s Organizations: CNN, Michelin, ”, Orfali, UAE, Dubai, “, Bros Locations: Aleppo, Syria, Dubai, East, North Africa, Orfali’s, UAE, Lebanese, Sichuan, , “ Dubai, Hokkaido, Turkish

☆ Meet Europeans who moved to the US and say there’s no going back
▼ + stars: | 2024-03-18 | by ( Terry Ward | ) edition.cnn.com time to read: +11 min

We spoke with a handful of Europeans who are embracing American life about what brought and ties them to the United States. “I was always a career hunter, super career-focused,” says Herrmann, who eventually started his own tourism marketing business in the United States, Herrmann Global. “You have to have a certain level of cynicism and criticism because that’s what makes you smart.”She says she gets very upset when she sees Europeans “pooh-poohing” the United States. That said, she does find the “constant quest to be better, more efficient and more relevant” in the United States exhausting at times. She says living in the United States has afforded her the privilege to get to know and befriend people of many different ethnicities.

Persons: adieu, who’ve, they’ll, expats, ’ Florian Herrmann, “, ”, Herrmann, ’ ”, ‘, I’m, Gabriele Sappok, she’s, Sappok, Andreas, Gabriele Sappok “, it’s, ” Sappok, “ didn’t, Laurence Noguier, Jason W, Noguier, ” Noguier, Lawless, Clodagh Lawless, didn’t, she’ll, Lorna MacDonald, Lorna MacDonald Lorna MacDonald, MacDonald, she’d, Augustine, It's, Terry Ward Organizations: CNN, CNN Travel, Herrmann Global, Dubai Locations: United States, France, decamped, Italy, Portugal, Europe, Munich, Germany, California, Wyoming, America, German, Lander , Wyoming, “, New York City, Stuttgart, Washington , DC, Chicago, ” France, Dearborn, Galway, Ireland, American, Florida, Penzance, England, Australia, Singer Island , Florida, Augustine , Florida, St, ” Florida, Tampa

☆ I've made over $50,000 building AI tools for businesses. My main challenge: managing clients' expectations.
▼ + stars: | 2024-03-16 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

The 25-year-old's mission is to help clients make more money using large language models. Now, I run a consultancy that tries to help companies grow using AI — and business has been booming. Most projects use AI models from leading LLM providers like OpenAI, Anthropic, and Cohere. My main advice for businesses interested in adopting AI is to familiarize yourself with large language models and how they could be used to address specific pain points. After that, collect as much data as possible — from meeting recordings to marketing materials — that can be used to fine-tune the AI models.

Persons: Sasha Aptlin, —, ChatGPT, I've, that's Organizations: Service, Founders Locations: Dubai and New York, chatbots, San Francisco

☆ I tutored the children of Russia's elite amid the backdrop of war. One teenager said he had his own massage therapist.
▼ + stars: | 2024-03-16 | by ( Cameron Manley | ) www.businessinsider.com time to read: +9 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The agency counted some of Russia's elite among its clientele — so I was quickly thrust into a world of private jets, guarded estates, and personal chauffeurs. I worked in Moscow until Russia's full-scale invasion of Ukraine in February 2022, when I was relocated to Monaco. I have a massage every day, I have my own massage therapist," he told us. AdvertisementBut the children often brought the topic up themselves, their comments ringing with the ideology they had likely absorbed at home.

Persons: —, Cameron Manley, Barts, Vladimir Putin, Ivan, Alexei, Elena, It's, Philippe Jacquemart, Jorg Greuel, Putin, Sasha Mordovets, getty, wryly, Elizaveta Organizations: Service, Business, Monaco penthouses, Monaco, Mandoga, Getty, Mercedes, Benz, United Arab, Russia's, Sirius Locations: Moscow, Ukraine, Monaco, St, Caribbean, Rublevka, Saint, Nice, France, Russia, United Arab Emirates, Dubai, Russian, Sochi, Kyiv

☆ Lindsay Lohan and Bader Shammas' relationship timeline spans only a few years, but several milestones
▼ + stars: | 2024-03-15 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

February 2022: Lohan shares a photo of herself and Shammas for Valentine's Day"My forever Valentine," Lohan captioned the picture of her and Shammas snuggling together. November 2022: Lohan and Shammas make their red carpet debutLindsay Lohan and Bader Shammas at the "Falling for Christmas" premiere on November 9, 2022. Bryan Bedder/Stringer/Getty ImagesIn November 2022, Shammas accompanied Lohan to a fan screening of her movie "Falling For Christmas," marking their red carpet debut. April 2023: Lohan and Shammas commemorate their anniversary in a joint Instagram postAlongside a photo of her embracing Shammas on a beachside cliff, Lohan wrote: "1 year today... AdvertisementMarch 2024: Lohan and Shammas attend the Vanity Fair Oscar Party togetherLindsay Lohan and Bader Shammas at the Vanity Fair Oscars Party.

Persons: —, Lindsay Lohan, Bader Shammas, Lohan, Instagram, Shammas, Lohan's, bader, Valentine, Jimmy Fallon, Fallon, BI's Gabi Stevenson, Dina, Aliana, Dakota, Bryan Bedder, Stringer, we're, they've, Luai, James Devaney, Steve Granitz, Fair's Organizations: Service, Business, Twitter, Credit Suisse's, Wealth Management, Netflix Locations: Dubai, New York, London, New York City

☆ Vertical farming: This GigaFarm in Dubai’s desert could produce 3 million kilograms of food
▼ + stars: | 2024-03-14 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +9 min

CNN —In 2022, Dubai unveiled the world’s largest vertical farm. Intelligent Growth Solutions (IGS)“Not just another vertical farm”GigaFarm’s vertical farming solution is supplied by IGS, a Scottish company founded in 2013. “This is not just another vertical farm, this is something completely different,” says Lloyd, adding that the recycling model could be applied to any urban area. And it’s not just the UAE that’s interested in vertical farming: Qatar is investing heavily in smart farming, and agritech companies are expanding into Saudi Arabia. However, it will take another decade before we see widespread adoption of vertical farming, and more research is required to increase the number of crops that can be grown, Sharma adds.

Persons: Dubai’s Al, it’s, Oliver Christof, “, Andrew Lloyd, you’ve, ”, Lloyd, AeroFarms, Lloyd —, It’s, ReFarm, Rohit Sharma, Sharma Organizations: CNN, Dubai’s Al Maktoum International Airport, UAE, UN, IGS, University of Wollongong Locations: Dubai, Dubai’s, Dubai’s Al Maktoum, Tech, Scottish, Abu Dhabi, UAE, Ukraine, Russia, Carrefour, Qatar, Saudi Arabia, East, Africa

☆ Montana rancher paid $4,200 to clone a dead sheep and launched a farm of super hybrids worth up to $550,000
▼ + stars: | 2024-03-14 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

A Montana rancher was charged with illegally selling offspring from a cloned sheep across state lines. There's nothing illegal about selling sheep for exorbitant prices — unless those animals are Marco Polo argali sheep, or in Schubarth's case, hybrids of Marco Polo argali sheep. Marco Polo argali sheep are native to central Asia and are considered threatened under the US Endangered Species Act. Shortly thereafter, Schubarth allegedly got his hands on some of those sheep parts and, in 2015, paid a deposit of $4,200 to produce cloned sheep embryos from the dead argali's remains. AdvertisementIn May 2017, a pure argali sheep was born from one of those cloned embryos.

Persons: —, Arthur, Jack, Schubarth, Marco Polo, George Schaller, Joyce Tischler, Lacey, King, Matthew Polak, Dolly, it's, Alison Van Eenennaam, Davis, Van Eenennaam, Gregory Kaebnick, isn't, Rula Rouhana, Reuters It's, Kaebnick, didn't Organizations: Service, Department, Lewis & Clark Law School's Center for Animal Law, European Union, Getty, University of California, and Wildlife Service, The Hastings Center, Reproductive Biotechnology, Reuters Locations: Montana, Asia, Kyrgyzstan, Dubai

☆ Quincy Promes: Dutch soccer star convicted in absentia for drug trafficking is arrested in Dubai
▼ + stars: | 2024-03-14 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +3 min

CNN —Leading European soccer player Quincy Promes, who was convicted in absentia for drug smuggling last month in the Netherlands, has been arrested in Dubai at the request of Dutch prosecutors who are seeking his extradition, according to his lawyers. “The extradition procedure will now have to be completed in the United Arab Emirates,” said Promes’ Dutch lawyers in a statement on the company’s website. “We would like to point out that an independent judge in Dubai will now decide on the Dutch extradition request. “The arrested man was reportedly staying in luxury in Dubai according to various media reports. “At this time, it is not possible to provide additional information to avoid disruption of the ongoing investigation,” added Dutch prosecutors.

Persons: Quincy Promes, Promes, ”, “, Stadio Diego Armando Maradona, Francesco Pecoraro Organizations: CNN, Ajax, Sevilla, Spartak Moscow, United Arab Emirates, Dubai Police, Reuters, Europa League, SSC Napoli, Stadio, Dubai ’ The, Dubai ’ The Amsterdam Public, Transfermarkt, Spartak Locations: Netherlands, Dubai, Brazil, Russian, Naples, Italy, Europe, Dubai ’, Dubai ’ The Amsterdam, Moscow, Amsterdam, UAE

☆ How far does Gulf money go? An Abu Dhabi-backed newspaper buyout attempt is sparking panic in London
▼ + stars: | 2024-03-14 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Copies of The Daily Telegraph newspaper on a newsstand in a shop in London, UK, on March 12, 2024 (L), and UAE Vice President Sheikh Mansour bin Zayed al-Nahyan speaking at COP28 on Dec. 1, 2023. More than 100 members of Parliament have signed a letter opposing the buyout of major British newspaper the Telegraph and news magazine, The Spectator, by UAE government-backed investment fund RedBird IMI. Long a favorite of Britain's Conservative Party, ownership of the 168-year old daily is not just about profit, but about power. The deal would ultimately see the Telegraph, which is valued at a reported £600 million, come under full Emirati ownership. Lawmakers have been scrambling to introduce a new law that would enable Parliament to veto buyouts of news outlets by foreign governments.

Persons: Sheikh Mansour bin Zayed, Nahyan, Britain's, Long, Sheikh Mansour bin Zayed Al Nahyan, Barclay, Lucy Frazer Organizations: Daily Telegraph, UAE, COP28, United Arab Emirates, United Emirates, British, Telegraph, The, IMI, Britain's Conservative Party, Lloyds Bank, State for Culture, Media, Sport Locations: London, DUBAI, United Arab, Qatar, Saudi Arabia, UAE

☆ BP and Abu Dhabi National Oil Company suspend major purchase in Israeli gas firm
▼ + stars: | 2024-03-13 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

DUBAI, United Arab Emirates — Plans for a 50% stake purchase by energy major BP and Abu Dhabi National Oil Company (Adnoc) in Israeli gas producer NewMed are on hold because of regional turbulence, NewMed said Wednesday. The three companies "have agreed, due to the uncertainty created by the external environment, to suspend discussions in relation to the proposed transaction," a NewMed statement said. The statement also said that BP and Adnoc "reiterated [their] interest in the proposed transaction," indicating that the deal was not permanently off the table. At the time, BP and Adnoc said that the deal would result in a joint venture from the two companies to focus on "gas development in international areas of mutual interest including the East Mediterranean." The two companies last month announced a separate gas joint venture in Egypt.

Persons: NewMed, Adnoc Organizations: Abu, Abu Dhabi National Oil Company, Tel, BP, CNBC Locations: Nasholim, DUBAI, United Arab Emirates, Abu Dhabi, Tel Aviv, Egypt

☆ Russian overseas voters have mixed views on whether their ballots are worth casting
▼ + stars: | 2024-03-13 | by ( Anna Chernova | Lauren Kent | ) edition.cnn.com time to read: +9 min

Russia’s Central Election Commission said that overseas voting will take place at 288 polling stations in 144 countries, Russian state media TASS reported. During the 2018 presidential elections, 401 polling stations operated abroad and more than 475,000 people voted, according to the Central Election Commission as quoted by RIA Novosti. But this year, many overseas polling stations that operated in 2018 have been closed. Russian citizens at the Russian embassy in Berlin, Germany, look at a list of candidates in the 2018 Russian presidential election. A mourner lays flowers on the grave of Russian opposition leader Alexey Navalny at the Borisovo cemetery in Moscow on March 2, 2024, the day after Navalny's funeral.

Persons: Sergey Kulikov, Kulikov, ”, Vladimir Putin, –, Putin –, Joerg Carstensen, Luba Zakharov, ” Zakharov, Boris Nadezhdin, – Vladislav Davankov, Nikolai Kharitonov, Leonid Slutsky –, Alexey Navalny, Navalny’s, Yulia Navalnaya, Zakharov, “, Olga Maltseva, Anna, Putin, ” Anna, Putin …, ” Putin, Callum Fraser, Fraser, ” Fraser, Alexey Navalny’s, Ilya Yashin, Vladimir Kara, Boris Nemtsov, Anna Politkovskaya, ’, ” Kulikov Organizations: CNN, Kremlin, European, Human Rights, Russian Foreign Ministry, Russia’s, Commission, TASS, RIA Novosti, “, Central, Putin, Getty, Royal United Services Institute Locations: Russia, Dubai, Ukraine, Russian, Berlin, Germany, Hamburg, Moscow, AFP, Sheva, Israel

☆ Explainer-How the West Might Use Russia's Frozen Reserves
▼ + stars: | 2024-03-12 | by ( March | At P.M. | ) www.usnews.com time to read: +5 min

Here are some of the ideas that have been suggested:CONFISCATIONSome international policymakers and lawyers say the immobilised Russian reserves can simply be confiscated under a doctrine of international law known as "countermeasures". Some in the bloc are still wary, though, and the European Central Bank has warned that claiming the trapped Russian assets should only be done in tandem with G7 powers. The bondholders would not have a contractual claim on the Kremlin’s frozen reserves. Ukraine would have a plausible way to collect on any damages awarded up to the value of the reserves. If Moscow refused to pay the damages, the allies could then use Russia’s frozen assets to pay off the loan.

Persons: Marc Jones, Lee Buchheit, Daleep Singh, Mark Heinrich Organizations: Marc Jones LONDON, Emergency Economic, U.S, European Central Bank Locations: Ukraine, Russia, Kuwait, United States, EU, Russian, Brussels, Belgium, U.S, Britain, China, Hong Kong, Dubai, Moscow

☆ 6 things we learned from the founder of Telegram's first interview in 7 years
▼ + stars: | 2024-03-11 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

Founder Pavel Durov said profitability is coming, and maybe even an IPO. Durov gave his first public interview in seven years to the Financial Times. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn a rare new interview, Telegram founder Pavel Durov revealed that his company is nearing profitability, and may even enter the public market. It's the reclusive founder's first public interview since 2017, according to the outlet.

Persons: What's, Pavel Durov, Durov, —, who's, Mark Zuckerberg, founder's Organizations: Financial Times, Service, Business Locations: Russian, Russia, Dubai

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