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☆ What’s in Those Huge Suitcases? $125 Million in Cash
▼ + stars: | 2024-01-13 | by ( Margot Patrick | ) www.wsj.com time to read: 1 min

An image from CCTV footage released by the U.K.’s National Crime Agency shows one of the smugglers at London’s Heathrow Airport. Photo: NCAThey looked like ordinary tourists with very big bags. But like a network of ants, they carried off tens of millions of dollars in cash from London to Dubai. British crime fighters cracked a money-laundering network that they say moved more than £100 million, equivalent to $125 million. A London court found two men guilty of illegal smuggling on Thursday, taking convictions in the network of cash couriers to 16, according to the National Crime Agency.

Organizations: U.K, Crime Agency, National Crime Agency Locations: London, Dubai, British

☆ John Kerry to step down as US climate envoy
▼ + stars: | 2024-01-13 | by ( Ella Nilsen | ) edition.cnn.com time to read: +2 min

CNN —US climate envoy John Kerry plans to step down from his post by this spring, a source close to Kerry confirmed to CNN. Kerry is leaving the position after three years at the helm of US climate diplomacy under the Biden administration. Kerry specifically prioritized restarting international climate talks between the US and China, and was key in negotiating the November Sunnylands agreement, a wide-ranging climate agreement between the two countries before COP28. And in 2019, Kerry co-founded a bipartisan initiative of world leaders and celebrities to combat the climate crisis called World War Zero. In 2009, when Biden became vice president, Kerry took over his role as chairman of the Senate Foreign Relations Committee.

Persons: John Kerry, Kerry, Biden, Axios, Joe Biden, Michael Dukakis, George W, Bush, Barack Obama Organizations: CNN, Economic, Munich, Conference, Democratic, Biden, White, Senate, Gov, Senate Foreign Relations, Navy, Silver Star, Star Locations: Dubai, Kerry, China, Paris, Massachusetts, Vietnam

He missed it when it became a World Golf Championship for only Ryder Cup and Presidents Cup players. So what to make of this new PGA Tour model of signature events and $20 million purses with small fields and most of them not having cuts? "If all the players play in those and we get great fields playing for a lot of money, then it's great. And the PGA Tour has been about doing the best for everybody, for all the pros and members. “So I'm a little mixed on that.”That's what the PGA Tour is facing this year.

Persons: — Stewart Cink, Cink, I'm, LIV, ” Cink, It's, Cink —, he's, Brian Harman, Jon Rahm, Max Homa, Patrick Cantlay, Cantlay, Rory McIlroy, Jordan Spieth, Scottie Scheffler, Kurt Kitayama, Arnold Palmer, “, Harman, Tyrrell Hatton, Tommy Fleetwood, McIlroy, Hatton, ” Hatton, ” Organizations: British, Sony, PGA, Firestone, Ryder, Cup, FedEx, LIV Golf, Arnold Palmer Invitational, Dubai, Dubai Invitational, Fleetwood, Alaska Airlines Locations: HONOLULU, Hawaii, Saudi, East Lake, Atlanta, Riviera, Bay Hill, Maui, Kapalua, San Francisco, Portland , Oregon, London, Dubai, Florida, West Coast

DUBAI, United Arab Emirates (AP) — Tommy Fleetwood surged into the lead of the Dubai Invitational after shooting an 8-under 63 in the third round Saturday to overtake Rory McIlroy by one stroke. Fleetwood made eight birdies in a flawless round, including four on his first six holes, to move to a 15-under total of 198. McIlroy had been out in front since opening with a 62 on Thursday and led by two strokes going into the third round. Political Cartoons View All 253 Images“That's a strange stat,” Fleetwood said, adding that his early birdies gave him momentum with the putter. I played well on that back nine and earned myself a tee time with (Fleetwood) tomorrow and it’ll be good fun.

Persons: Tommy Fleetwood, Rory McIlroy, Fleetwood, McIlroy, Thorbjorn Olesen, ” Fleetwood, birdies, ” McIlroy, ” Organizations: United Arab Emirates, Dubai Invitational, Fleetwood Locations: DUBAI, United Arab

☆ Big Protests Break Out in Yemen After U.S.-British Attacks
▼ + stars: | 2024-01-12 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

The U.S. and Britain carried out dozens of air strikes on Houthi military targets overnight, widening a wave of regional conflict unleashed by Israel's war in Gaza. "Your strikes on Yemen are terrorism," said Mohammed Ali Al-Houthi, a member of the Houthi Supreme Political Council, referring to the United States. "The United States is the Devil." The groups hold the U.S., Israel's closest ally, partly responsible for the crisis and the scope of Israel's massive response. The United States has no plans to deploy more forces to the region, Pentagon spokesman Patrick Ryder said.

Persons: Yemenis, Houthi, Mohammed Ali Al, Houthis, Israel's, Patrick Ryder, Doina Chiacu, Ahmed Rasheed, Michael Georgy, Kevin Liffey Organizations: Reuters, Political, Iraqi, United, Pentagon Locations: DUBAI, Red, U.S, Gaza, Yemen, United States, Israel, Iran, America, Sanaa, Iraq, Syria, Washington

☆ US, Britain Carry Out Strikes Across Yemen in Retaliation for Houthi Attacks
▼ + stars: | 2024-01-11 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +6 min

A U.S. official said more than a dozen locations were targeted in strikes that were not just symbolic but intended to weaken the Houthis' military capabilities. The United States and allies had deployed a naval task force to the area in December, and the situation had escalated in recent days. U.S. Defense Secretary Lloyd Austin, who is in hospital due to surgery complications, said in a statement that the strikes targeted Houthi drones, ballistic and cruise missiles, costal radar and air surveillance. The United States also accused Iran of being involved operationally in the Houthi attacks, providing the military capabilities and intelligence to carry them out. The United States has troops on the ground in Syria and Iraq, and has previously retaliated for attacks there by Iran-backed groups.

Persons: Phil Stewart, Idrees Ali, Mohammed Ghobari WASHINGTON, Joe Biden, Houthis, Sanaa, Ali Ahmad, Mahmoud, James Heappey, Brent, Lloyd Austin, Tesla, Andreas Krieg, Andrew Mills, Maher Hatem, Jeff Mason, Kanishka Singh, Eric Beech, Peter Graff, Angus MacSwan Organizations: British, U.S, Hamas, U.S . Defense, Washington, King's College, United, West Bank Locations: ADEN, Yemen, Iran, Gaza, Sanaa, Taiz, Hodeidah, Hajjah governorate, United States, Israel, Europe, Asia, U.S, Britain, Africa, Germany, London . Saudi Arabia, U.N, Lebanon, Syria, Iraq, Washington, Doha, Dubai

The warning came as Yemen’s Houthis vowed retaliation, further raising the prospect of a wider conflict in a region already beset by Israel's war in Gaza. The U.S.-led bombardment came in response to a recent campaign of drone and missile attacks on commercial ships in the vital Red Sea. Since November, the rebels have repeatedly targeted ships in the Red Sea, saying they were avenging Israel's offensive in Gaza against Hamas. The Houthis’ military spokesman, Brig. Tesla, meanwhile, said it would temporarily halt most production at its German factory because of attacks in the Red Sea.

Persons: Joe Biden, Biden, ”, Yemen’s Houthis, “, " Biden, Lloyd Austin, Donald Trump Lt, Douglas Sims, Yahya Saree, Nikolas, Iran’s, Hussein, George W, Bush, Friday's, Nasser Kanaani, Vassily Nebenzia, Linda Thomas, Ambassador Barbara Woodward, Thomas, Greenfield, ” ___ Gambrell, Ahmed Al, Haj, Bassem, Jill Lawless, Nasser Karimi, Fatima Hussein, Ellen Knickmeyer, Chris Megerian, Seung Min Kim, Edith M, Lederer Organizations: WASHINGTON, Britain, Associated Press, U.S . Central Command, Navy, White, Camp, U.S . Navy, Republicans, Pentagon, Joint Chiefs of Staff, . Air Forces Central Command, Tomahawk, Foreign Ministry, Brent, Food, U.S, U.S ., United Arab Emirates, . Security, Ambassador, United Nations Locations: Yemen, U.S, Sanaa, Iran, Aden, Gaza . U.S, Houthi, Gen, Red, Gaza, Israel, Saudi Arabia, Saudi, United Kingdom, Bani, Abbs, Gulf of Oman, Tehran, Washington, Suez, America, Britain, Houthis, Greenfield, U.K, Dubai, United Arab Emirates, Beirut, London, Emmaus , Pennsylvania

☆ The new architecture set to shape the world in 2024
▼ + stars: | 2024-01-10 | by ( Oscar Holland | ) edition.cnn.com time to read: +11 min

Kéré’s Berlin-based firm says the building’s top-heavy appearance was inspired by the palaver tree, which traditionally served as a meeting place. Designed for developer s2e Technologies by US architecture firm Gensler, the four circular residential structures can accommodate a combined 84 households. But it is perhaps Bjarke Ingels, founder of Danish design firm BIG, that has had the greatest impact on the city’s once modest skyline. The first restored sections are set to be ready in time for this summer’s Paris Olympics. Norwegian architecture firm Snøhetta and local practice Blight Rayner — who together beat more than 20 entries in an international competition — say that the design was inspired by the flow of the Brisbane River.

Persons: David Chipperfield, Francis Kéré, Kéré, China Stefano Boeri, Bosco, Stefano Boeri, Mestres Wåge, Nicolai Tangen, NBBJ, Dror, EPIQ, Ecuador Uribe Schwarzkopf, Bjarke, Moshe Safdie, Jean Nouvel, Ma Yansong, Ingels, France Chatillon Architectes, Notre Dame isn’t, Chatillon, Nikken Sekkei, ”, “, Blight Rayner —, Aunty Lilla Watson Organizations: CNN, superlatives, Malaysia’s, Benin National Assembly, Forest, Kunstsilo, Keppel South, Enclave, s2e Technologies, Bjarke Ingels, BIG, UNESCO, Heritage, Notre Dame, Palais, Beaux -, Chatillon Architects, UAE Kerzner, United, “ Michelin, New York Times, Gang, Queensland Performing Arts Centre, Queensland Performing Arts Locations: India, Benin, Porto, Novo, Burkina Faso, Kéré’s Berlin, Nanjing, China, Milan, Italy, Europe, China’s, Kristiansand, Norway, Norwegian, Keppel, Keppel South Central, Singapore, London, Canada, London , Ontario, Quito, Ecuador, Bjarke Ingels Quito, Parque La Carolina, Paris, France, Dubai, UAE, United Arab Emirates, Hotel, Denver, USA, Denver , Colorado, Urban, Brisbane, Australia, Australian

☆ Blinken to meet with leaders of Saudi Arabia, UAE with aim to avert larger Middle East war
▼ + stars: | 2024-01-08 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

U.S. Secretary of State Antony Blinken waves as he boards an aircraft during his departure from Washington to travel to the Middle East, amid the Israel-Hamas conflict, at Joint Base Andrews, Maryland, U.S., January 4, 2024. This is a conflict that could easily metastasize, causing even more insecurity and suffering," Blinken told reporters in Doha after meeting with Qatar's leadership on Sunday. The Middle East trip follows the assassination by drone of deputy Hamas chief Saleh al-Arouri in Beirut, which Hamas has blamed on Israel. Many U.S. officials now fear that the fighting will draw Hezbollah and Lebanon into the war, a shift that could see Iran up its involvement as well. Hezbollah, the most powerful militant and political organization in Lebanon, has been described by analysts as having 10 times the power and military capabilities as Hamas.

Persons: Antony Blinken, Blinken, Saleh al Organizations: Joint Base Andrews, United Arab Emirates — U.S, United Arab, Sunday, Hamas, Palestinian, Many U.S Locations: Washington, Israel, Joint Base Andrews , Maryland, U.S, DUBAI, United Arab, United Arab Emirates, Saudi Arabia, Doha, Arouri, Beirut, Iran, Lebanon, Many

☆ ‘Bad case of déjà vu’: Oil industry veteran to lead next round of UN climate talks in Azerbaijan
▼ + stars: | 2024-01-08 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Azerbaijan's Minister for ecology and natural resources and formerly an executive at state oil company SOCAR Mukhtar Babayev (C) visits at the Norm cement plant in Baku, on February 23, 2023. Azerbaijan named on January 5, 2024, Mukhtar Babayev minister to preside over the November 2024 COP29 meeting, in Baku, on January 6, 2024. A former executive of Azerbaijan's state-owned oil and gas firm SOCAR has been picked to lead U.N. climate talks in Baku later this year, prompting critics to decry a "bad case of déjà vu." It means that a minister with vast experience in oil and gas will lead negotiations at the U.N.'s biggest and most important annual climate conference for the second consecutive year. Campaign group Global Witness said Babayev's appointment as the person to lead COP29 discussions was a "bad case of déjà vu."

Persons: SOCAR Mukhtar Babayev, Mukhtar, decry, Mukhtar Babayev, Babayev, Jaber, COP28, Alice Harrison, Harrison Organizations: Norm, United, Emirates, Abu, Abu Dhabi National Oil Company, Global, United Nations, CNBC Locations: Baku, Azerbaijan, Azerbaijan's, Sultan Al, Dubai, Abu Dhabi

☆ A 34-year-old part-time influencer became a travel agent as a side hustle and sold $119,000 worth of trips in 8 months. She shares how she got started and makes money.
▼ + stars: | 2024-01-08 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +5 min

She's one of several people using their experience as travel creators to build lucrative businesses; some are becoming certified travel agents like her while others are organizing group trips. Certifications and commissions galoreWhen Cooper first explored the idea of becoming a travel agent in 2018, she was overwhelmed by the process. That's why travel creators don't have to have a lot of followers in order to be successful in this profession. A 'boom' in travel creators becoming agents could be the futureToday, Cooper mentors a few travel creators herself who are interested in getting their agent certifications. However, she thinks it will be a popular side hustle for travel creators since she said brand deals — the main way many influencers earn money — are often an inconsistent source of income.

Persons: —, Tia Cooper, Cooper, she's, they've, Cooper hasn't Organizations: Service, Business, Tourism Ireland, Sofitel, Visit, Travel, BI, Carnival Cruises, Marriott Locations: Instagram, Visit Dubai, Emirates

☆ The sexiest new hotels for 2024
▼ + stars: | 2024-01-05 | by ( Julia Buckley | ) edition.cnn.com time to read: +23 min

This list tries to do just that – spotlight the hotels opening (or reopening, as one of them is) in 2024 that make us want to visit for the hotel alone. Properties with a little bit of oomph – the sexy hotels of 2024, as we like to call them. For spring 2024, Costa Rica’s on the cards, with this beachfront hotel at surfer central Santa Teresa, on the Pacific Coast. Existing ones have been refurbished, and new pool villas, suites and bungalows have been added to the mix. Pool villas are cute cabins with patio doors opening on the open-to-the-elements plunge pools, while the bungalows will be wood-clad, tropical spaces.

Persons: Will, ”, that’s, King Charles, Maria, Casa Lucia Argentina, swank, Kit Kemp, Kibale, Queen Elizabeth, George, Gran, Palazzo Cordusio, Cordusio, There’s, Emanuele II, Mina Al, Ras, Anantara Mina Al Arab, Ras Al Khaimah, Mina Al Arab, Al Riffa, Mollie's, who’ll, KAI Akiu, Hoshino, Rupert Peace, Michel Rojkind, Moxy Banff, Marie, they’re, Philippe Kjellgren, It’ll, Aman, you’ve, you’ll, Roma, Romeo Roma, Romeo, starchitect Zaha Hadid, Rome’s Piazza, Costa Rica’s Organizations: CNN, Casa Lucia, Bacan, Leinster, Collins, Gran Meliá, Milan, Galleria, Tunisia –, Soho, Manchester TV, Beatles, Granada Studios, Old Granada Studios, Soho House, Resorts, Michelin, Guadalupe, Moxy, VW, Brisbane . Tourism, Queensland, Casa, Hoxton, Popolo, Princeton, Hotels, Ivy League, Mercure, Darwin, Training Academy Locations: Matca, Transylvania, Romania, Romanian, Brașov, Maria, Helsinki, Finland, Buenos Aires, Argentina, Retiro, Dublin, Ireland, Merrion, Georgian Dublin, Uganda, Rwanda, Queen, Edward, Milan, Italy, Meliá, Piazza, Duomo, Ras Al Khaimah, UAE, Arabian, Dubai, Ras Al, Oman, Mina, Al, Tunisia, Douz, Sahara, Matmata, Manchester, Japan, Tokyo, Akiu, Sendai, superlatives, Kempinski, Dresden, Germany, grande, Taschenbergpalais, Baja California, Mexico, Valle, Mexican, Valle de Guadalupe, Canada, Banff, Brisbane, Australia, Brisbane ., Dios, Peru, Casa, Andina, Brazil, Bolivia, Peruvian, Folegandros, Greece, Santorini, –, Hoxton Vienna, Austria, Hoxton, Vienna, Ennismore, Landstrasse, Sainte, Marie, Madagascar, Aman Nai, Bangkok, Thailand, Aman, Nai Lert, Thai capital’s, Rome, Naples, starchitect, New Jersey, Santa Teresa, Costa Rica, Morocco, Coast, Darwin, Larrakia, Northern Territory

☆ I moved to Dubai from the UK and love it. Life is safer and easier here.
▼ + stars: | 2024-01-05 | by ( Claire Turrell | ) www.businessinsider.com time to read: +6 min

In July, Harrison Granger moved with his partner from Maidstone, England, to Dubai. He says conveniences such as gas delivery and amenities like a private gym make life much easier. In July, my partner and I moved to the United Arab Emirates, and we love it. When I visited my uncle who used to live in Dubai, I spent most of my time at the beach or the waterparks. We also weren't clear on where we wanted to live in Dubai, so we cast our net wider.

Persons: Harrison Granger, —, I'd, Brit who's, wasn't, we'd, I've, haven't, they'll, We've Organizations: Service, United Arab, of, Dubai Marina, Dubai Production City, Dubai Locations: Maidstone, England, Dubai, Kent, United Arab Emirates, of England, It's, There's, Irish

☆ Best travel destinations to visit in 2024
▼ + stars: | 2024-01-01 | by ( Cnn Travel Staff | ) edition.cnn.com time to read: +32 min

cdwheatley/iStockphoto/Getty Images Angola: Beyond the capital city of Luanda, pictured, Angola has some jaw-droppingly spectacular scenery and cultural treats. David ChiaFF/Alamy Stock Photo Mérida, Mexico: Yucatán state's capital city showcases a blend of Mayan and colonial heritage. Pavel Tochinsky/The Image Bank RF/Getty Images Morocco: This North African country is home to nine UNESCO sites, including the historic city of Meknes, pictured. Panama City is also the only world capital with a tropical rainforest within its city limits. And a historic city forever entwined with the famed Camino de Santiago.

Persons: you’d, Tengguo Wu, Gabriele Thielmann, Turkey's, Gary Ennis, Matevz, Bill Bachman, Christian Kober, Gonzalo Azumendi, David ChiaFF, Pavel Tochinsky, Terry Kelly, Raul Rodriguez, iStock, Anton Petrus, –, — Karla Cripps Turkey’s, — Barry Neild, Mana Kaasik, — Maureen O’Hare, — Maggie Hiufu Wong, Deb Snelson, Glen Arbor, Marnie Hunter, — Forrest Brown, — Forrest Brown Angola Cristo, Eric Lafforgue, it’s, King, Eric Carr, John’s, Saint John, New Brunswick —, —, Tuul, Bruno Morandi, — Julia Buckley, Groenewald, Alamy, — Lilit Marcus, Alexander the Great, Philip II of Macedon, — JB, Bogdan Lazar, — Tamara Hardingham, Gill, Hercules, Francesca, Lazarus, ”, David Casanova, Megan Sequeira Casanova, “, Kuka y Naranjo, medina, Gordon Sinclair, Yvette Cardozo, — FB, Pierce Ingram, Stefan Tomic, Fujairah, who’ve, Samarkand —, It’s Organizations: CNN, United, CNN Travel, Getty Images, Town, Getty, Northwest, Saint, New Brunswick Tourism, UNESCO, Heritage, Alamy, Parque Nacional Volcán Barú, Galicia, Tercera Orden, Parque, Bank, Wakulla Springs, Texas, United Arab Emirates, AP, Rock, of Culture, Estonian National Museum, — Maggie Hiufu Wong Northwest Michigan, Bear, Farm, Riders, Lubango, — BN Saint John, Canada Tourists, St, Saint John City Market, Historic, Saint John Arts Centre, Carnegie, Carnegie Library, — KC, Korea, Folk, Netflix, South Korea, Adriatic, Nacional Glaciares, Australian Sea Lions, Panama, Spain Santiago de, Spain Santiago de Compostela Cathedral, Islas, Camino, Mexico People, YouTube, US State Department, Morocco, Regis Hotels, Resorts, — FB Texas, Travel Texas, Krause, Gruene, Fujairah, Icefjord, FS, Tuul, ” Locations: United States, Sumba, Indonesia Sumba, Indonesia, Bali, Getty Images Tartu, Estonia, Tartu —, European, Tainan, Taiwan, Northwest Michigan, Traverse City, Lake Michigan, iStockphoto, Western Balkans, Culebra , Puerto Rico, Flamenco, Culebra, cdwheatley, Angola, Luanda, , New Brunswick, Fundy, New Brunswick, New Brunswick Tourism South Korea, Korea Albania, Albania, Chile, mauritius, Western Australia, Greece, Macedonia, American, Panama, Spain, Camino, Santiago, St, John's, Mexico, Parque Hidalgo, Morocco, Meknes, Florida, Spicewood, Anton, Greenland, Denmark, AP Uzbekistan, Bukhara, Indonesian, Sumela, Turkey's, — Barry Neild Tartu, Estonia Tartu, of Culture Tartu, Tartu, “, Baltics, — Maureen O’Hare Tainan, Taiwan Tainan, Taipei, — Maggie Hiufu Wong Northwest, Lake, Traverse, Leland, Glen, perusing, Balkans, Slovenia, Bosnia, Herzegovina, North Macedonia, Serbia, transdinarica.com, —, Puerto Rico, It’s, — Forrest Brown Angola, Lubango, Barra, Cabo Ledo, — BN Saint John , New Brunswick, Canada, Hopewell, Newfoundland, Saint, Canada’s, Korea Andong, South Korea, Sanga, Korea, Seoul, Busan, Andong, Albania Albania, Berat, Montenegro, Vlorë, Gjirokastër, — Julia Buckley Chile, Atacama, Patagonia, Coral Coast, Geraldton, — Lilit Marcus Macedonia, Thessaloniki, Greece's, Hemis, Athens, Vergina, Veria, Naousa, Greece’s, Thrace, Philippi, Kavala, Panama . Panama City, Gill Galicia, Spain Santiago, Spain Santiago de Compostela, Galicia, Galicia’s, Santiago de Compostela, Cabo, Fisterra, Galicia —, Singapore, John’s, Paseo, Montejo, Mérida, Yucatán, getaways, there’s, Marrakech, Rabat, Fes, Resorts Morocco, Wakulla, Ginnie, Fredericksburg, Texas, Marble Falls, Meanderers, New Braunfels, Dubai, Abu Dhabi, Wadi, Nuuk, Ilulissat, West, FS Uzbekistan, Samarkand, Uzbekistan, China, India, Khiva, Uzbek, Sentob, Tashkent

Here's the state of play globally for crypto regulation and enforcement in 2023 — and a look at what to expect in 2024. "However, much of their work has involved providing guidance to the industry through enforcement actions," continued Levin. Crypto market participants nevertheless hope that the spate of legal challenges brought to crypto companies in 2023 will bring clarity in the form of new regulations. The U.S.'s dominant role in global finance and its focus on consumer protection plays a crucial role in its leading position in crypto regulation enforcement. The region has been increasingly warming to crypto assets, despite a broader anti-crypto push from China, which banned bitcoin trading and mining in 2021.

Persons: Al Drago, Binance, Sam Bankman, Renato Mariotti, Mariotti, Richard Levin, Nelson Mullins Riley, Levin, ada, Changpeng Zhao, Damian Williams, Brian Armstrong, Armstrong, Alyse Killeen, Scarborough's Levin, FinCEN, Killeen, Diem, USDC, Braden Perry, it's, Kennyhertz Perry, Perry, Bafin Organizations: U.S . Securities, Exchange Commission, Bloomberg, Getty, Regulators, Securities and Exchange Commission, U.S, Alameda Research, U.S . Justice Department's Securities, Commodities, CNBC, Capitol, SEC, Futures Trading Commission, Department of Justice, Scarborough, CFTC, Protocol Labs, Southern, of, Stillmark, Meta, Visa, Mastercard, U.S ., European, IRS, European Union, EU, France's Financial Markets Authority, AMF, Treasury, Monetary Authority of, Three Arrows, Terra Labs, Terra, Hong Kong Securities, Futures Commission, SFC, OSL Locations: Washington, Europe, Asia, U.S, Alameda, of New York, European, Crypto, Ireland, Germany, France, Italy, Netherlands, Singapore, Dubai, Hong Kong, Monetary Authority of Singapore, China, East, Africa

☆ One country dominated clean energy growth this year, and it isn't the US, UK, or Germany. It's China, by a landslide.
▼ + stars: | 2023-12-27 | by ( Associated Press | ) www.businessinsider.com time to read: +11 min

In the United States, California continues to have the most solar energy, followed by Texas, Florida, North Carolina, and Arizona. China was one of the few growing markets this year for wind, the Global Wind Energy Council said. Faster permitting and other improvements in key markets such as Germany and India also helped add more wind energy. The top three markets this year are still China, the United States, and Germany for wind energy produced on land, and China, the United Kingdom, and Germany for offshore. The analysts are predicting that the global industry will rebound next year and make nearly 12% more wind energy available worldwide.

Persons: Mohammed bin Rashid Al Maktoum, Joshua A, Bickel, it's, Michael Taylor, IRENA, Karim Shahi, Rafiq Maqbool, Daniel Bresette, Bresette, Abigail Ross Hopper, Wood, Wood Mackenzie, Julia Nikhinson Construction, John Hensley, Seth Wenig, Hau Dinh, Evan Hartley, Paul Braun, John Eichberger, Daan Walter Organizations: Service, International Energy Agency, Business, IEA, United Arab Emirates, Climate, AP, International Renewable Energy Agency, Arizona . Workers, Energy Limited's, Energy, Environmental, Energy Study Institute, Solar Energy Industries Association, Global Energy Monitor, Wind Energy, Clean Power, Workers, Atlas Public, Benchmark Mineral Intelligence, Benchmark, University of Illinois, Panasonic, Toyota, Health, General Motors Co, LG Energy, Transportation Energy Institute, Rocky Mountain Institute Locations: Germany, Spain, Mohammed, Dubai, United, Bickel China, Europe, United States , California, Texas , Florida, North Carolina, Arizona, Karim, Khavda, Bhuj, India, Pakistan, Gujarat, China, Wood Mackenzie, Montauk Point , New York, Asia, United States, State, New London, Conn, United Kingdom, Hai Phong, Vietnam, Kansas, Ohio

☆ I wanted my granddaughter to do better than me, so I pay for her private school
▼ + stars: | 2023-12-26 | by ( Juan Gaddis | ) www.businessinsider.com time to read: +4 min

I wanted something different for my granddaughter, so her grandmother and I are paying for her to attend private schools. She's in private schoolMy granddaughter has been attending private schools since age 3. Faced with the possibility of no movement on the wait lists, we looked at public school alternatives. She felt out of place at school and in her neighborhoodHer mother felt she should go to a school closer to home. Three weeks before school started, I phoned a private school I had toured with my grandson and inquired if they had filled their 9th-grade class.

Persons: — Organizations: Service, Business, Metropolitan Washington Area, Washington , D.C Locations: Washington ,, Dubai

☆ Pacific Islands lash out at COP28 presidency: ‘We weren't in the room’ when deal was announced
▼ + stars: | 2023-12-13 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Anne Rasmussen, the lead negotiator for the Alliance of Small Island States (AOSIS), told the COP28 Presidency in a closing statement: "We are a little confused about what just happened." "It seems that you gavelled the decisions, and the small island developing states were not in the room. Participants attend a presentation at the Moana Blue Pacific pavilion of Pacific islands prior to the opening ceremony of the UNFCCC COP28 Climate Conference at Expo City Dubai on November 30, 2023 in Dubai, United Arab Emirates. Sean Gallup | Getty Images News | Getty ImagesFor Pacific Island nations, however, and many other island and low-lying coastal states vulnerable to rising sea levels, the deal falls severely short. For the Pacific Islands, climate change poses an existential threat.

Persons: Michael Runkel, Tina Stege, Anne Rasmussen, Sean Gallup, Brianna Fruean, we've, Fruean, weren't, Toeolesulusulu Cedric Schuster Organizations: Getty Images, United Arab Emirates — Representatives, Pacific, United Arab, Marshall, Alliance of Small, States, UAE, Expo City, Getty, Big Oil, Pacific Climate Warriors, CNBC, UNITED, Natural Resources, United Arab Emirates Locations: Ouvea, New Caledonia, Getty Images DUBAI, United Arab, United Arab Emirates, Pacific, Expo City Dubai, Dubai, Paris, DUBAI, EMIRATES, Samoa, States

COP28 president Sultan Ahmed Al Jaber speaks during the Transforming Food Systems in the Face of Climate Change event on the sidelines of the COP28 climate summit at Dubai Expo on December 1, 2023. "We delivered world first after world first," the UAE summit presidency said in a further social media update. And we have language on fossil fuels in our final agreement." Many believed the COP28 summit could only be considered a success if it resulted in a deal to phase out all fossil fuels. COP28 President Sultan al-Jaber sparked a backlash earlier this month after he claimed there is "no science" behind calls for a phase-out of fossil fuels.

Persons: Sultan Ahmed Al Jaber, Ludovic Marin, Licypriya Kangujam, Sean Gallup, Wopke Hoekstra, Alok Sharma, Sharma, CNBC's, Simon Stiell, We're, John Kerry, Selma de Montgomery, Avinash Persaud, Mikhail Gitarskiy, Sultan al, Jaber, he'd, Al Organizations: Food Systems, Dubai Expo, Afp, Getty Images, UAE Consensus, UAE, United Arab Emirates, Getty, Russian, BBC, Abu, Abu Dhabi National Oil Co Locations: Dubai, UAE, United Arab, United Arab Emirates, Pacific, Caribbean, Latin America, Africa, Asia, North America, Paris, United States, China, Denmark, Barbados, Moscow, Abu Dhabi

☆ Anger and frustration as COP28 draft text omits fossil fuel phaseout
▼ + stars: | 2023-12-12 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

COP28 President Sultan al-Jaber speaks to the media at the U.N. climate conference on Dec. 10, 2023 in Dubai, United Arab Emirates. DUBAI, United Arab Emirates — The draft text for a COP28 climate deal that does not include the phasing out of fossil fuels has drawn widespread criticism from major players, highlighting enduring rifts on the international summit's final day. The document, published by the United Arab Emirates' presidency of the climate summit, stressed the need to reduce emissions, but did not call for the doing away of fossil fuels altogether. Scientists say fossil fuels are the single biggest factor contributing to potentially life-threatening climate change. Many of us have called for the world to largely phase out fossil fuels, and that starts with a critical reduction this decade."

Persons: Sultan al, Jaber, Wopke Hoekstra, Hoekstra, John Kerry Organizations: United Arab Emirates, Pacific Locations: Dubai, United Arab, DUBAI, U.S, Union, Africa

☆ A ‘thirsty’ generative AI boom poses a growing problem for Big Tech
▼ + stars: | 2023-12-06 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

Shaolei Ren, a researcher at the University of California, Riverside, published a study in April investigating the resources needed to run buzzy generative AI models, such as OpenAI's ChatGPT. Hundreds of millions of monthly users all submitting questions on the popular chatbot quickly illustrates just how "thirsty" AI models can be. The study's authors warned that if the growing water footprint of AI models is not sufficiently addressed, the issue could become a major roadblock to the socially responsible and sustainable use of AI in the future. For Google, meanwhile, total water consumption at its data centers and offices came in at 5.6 billion gallons in 2022, a 21% increase on the year before. watch nowIt's notable, however, that their latest water consumption figures were disclosed before the launch of their own respective ChatGPT competitors.

Persons: Shaolei Ren, Ren, Eitan Abramovich, OpenAI, Somya Joshi, Microsoft's Bing, Bard, Joshi, Paul Hanna Organizations: UNITED, EMIRATES, Tech, Microsoft, Google, University of California, Uruguay's Central Union, CNT, Afp, Getty, CNBC, Big Tech, Meta, SEI, U.S ., Stockholm Environment Institute, United, Inc, Talavera de la Reina, Bloomberg Locations: Dubai, Riverside, Montevideo, U.S, Stockholm, United Arab Emirates, Talavera de, Spain

☆ ‘It’s game on’: The world’s largest iceberg is on the move. Scientists explain why it matters
▼ + stars: | 2023-12-06 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

"It's just astonishingly big and it's a reminder of how much risk we're at from sea level rise." "Antarctica has historically been quite a small contributor to sea level rise, but it is growing, and it is taking up a bigger and bigger share of the sea level rise that we see every year," he added. "So, it's a symbol of the growing dominance of Antarctica in the sea level rise equation." This temperature threshold is widely recognized as crucial because so-called tipping points become more likely beyond this level. Tipping points are thresholds at which small changes can lead to dramatic shifts in Earth's entire life support system.

Persons: Robbie Mallett, A23a, Mallett, Mallet, That's, Gail Whiteman, Taalas, Hollie Adams, NASA Modis Organizations: United Arab Emirates, Continent, University of College London, CNBC, United, NASA, World Meteorological Organization, University of Exeter, WMO, Expo, Bloomberg, Getty Images Bloomberg, Getty Locations: DUBAI, United Arab, Antarctica, New York City, United Arab Emirates, South Georgia, Dubai, COP28, Green

☆ Dubai penthouse sells for record $136 million
▼ + stars: | 2023-12-05 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +6 min

CNN —A five-bedroom penthouse covering almost 22,000 square feet has sold in Dubai for 500 million UAE dirhams — just over $136 million — setting a new record for one of the world’s busiest luxury real estate markets. Record salesThe previous record for a penthouse sale in Dubai dates back just a few months, when an apartment occupying the top floor of the Marsa Al Arab Hotel sold for 420 million UAE dirhams (about $114 million). According to Provident Estate, the penthouse at Como Residences is the third most expensive in the world, after Penthouse D at One Hyde Park in London, priced at $237 million, and the Odeon Tower Penthouse in Monaco, priced at $440 million. Shutterstock Palm Jumeirah also boasts the first monorail in the Middle East, which opened in April 2009, and connects the Palm to Dubai's mainland. But when it comes to the asking price for a penthouse, the view is one of the key drivers.

Persons: CNN —, Nahkeel, Karim Sahib, Giuseppe Cacace, Shutterstock, Kamran Jebreili, ”, Chris Boswell, he’s, ” Boswell, “, it’s Organizations: CNN, UAE dirhams —, Jumeirah, Provident Estate, Marsa Al Arab, UAE, Como Residences, Penthouse, Dubai Marina, Getty, Burj Locations: Dubai, Como, Marsa, Hyde, London, Monaco, Burj Al Arab, Burj, Eastern Europe, Dubai's, Nakheel, AFP, Karim, Burj Al, United States, Italy, France

The first option in the draft is listed as "an orderly and just phase-out of fossil fuels". The second option calls for "accelerating efforts towards phasing out unabated fossil fuels". "I don't think we're going to leave Dubai without some clear language and some clear direction on shifting away from fossil fuels," he added. China's fossil fuel emissions rose after it lifted COVID-19 restrictions, while India's rise was a result of power demand growing faster than its renewable energy capacity, leaving fossil fuels to make up the shortfall. "Leaders meeting at COP28 will have to agree rapid cuts in fossil fuel emissions even to keep the 2C target alive," he said.

Persons: Stephane Mahe, Jean Paul Prates, Patrick Pouyanne, Jennifer Morgan, Prince Abdulaziz bin Salman, David Waskow, Exeter, Pierre Friedlingstein, Kate Abnett, William James, Valerie Volcovici, Elizabeth Piper, Katy Daigle Organizations: REUTERS, Petrobras, European, Oxford University, Saudi Arabia's Energy, Bloomberg, World Resources, University of Exeter, Reuters, Thomson Locations: France, Montoir, Bretagne, Saint, Nazaire, DUBAI, COP28, Brazil's, United States, European Union, Saudi Arabia, Russia, Dubai, India, China, Paris

[1/2] Israeli soldiers stand in order, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, near Israel's border with Gaza, in southern Israel, December 4, 2023. The U.S. official spoke after three days of resumed aerial bombardments of southern Gaza left residents pulling the bodies of children and adults from the rubble. But the U.S. official said reducing military support to Israel would carry major risks. On Friday, Israel's military began posting grid-based maps online ordering Palestinians to leave parts of southern Gaza, directing them towards the Mediterranean coast and Rafah, near the Egyptian border. Residents and journalists on the ground said intense Israeli airstrikes hit southern Gaza on Monday, killing and wounding dozens of Palestinians.

Persons: Amir Cohen, Israel's, Biden, Kamala Harris, Antony Blinken, Israel, Benjamin Netanyahu, Ophir Falk, Seth Binder, Binder, Eylon Levy, Jake Sullivan, Omar Shakir, Humeyra Pamuk, Jonathan Saul, Maggie Fick, James Mackenzie, Steve Holland, Don Durfee, Daniel Wallis Organizations: Hamas, REUTERS, U.S, Health Ministry, Washington, United, Reuters, Reuters Graphics, East Democracy, Biden, Democratic, Israel, . National, Palestine, Human Rights, Amnesty, Thomson Locations: Israel, Palestinian, Israel's, Gaza, LONDON, BEIRUT, U.S, United States, East, Gaza City, Rafah, Jerusalem, Washington

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