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☆ Europe’s best long-distance hiking trails
▼ + stars: | 2024-05-10 | by ( Joe Minihane | ) edition.cnn.com time to read: +12 min

Slovenian Mountain Trail, SloveniaMountaineers climbing ridge on Triglav mountain, Slovenia. Enrique Ugarte/Moment RF/Getty ImagesIt’s no surprise that the Slovenia Mountain Trail has become so popular. Laugavegur Hiking Trail, IcelandInaccessible during winter, Iceland’s ethereal Laugavegur Hiking Trail opens between July and September, drawing in committed hikers from across the globe. The 55-kilometer (34-mile) route is best done over four days, giving time to tackle the challenging terrain and take in the views. Sheep’s Head Way, Cork, IrelandThe Sheep's Head Way explores Ireland's wild Atlantic coast.

Persons: It’s, Lapland’s Salla, King Charles III, Enrique Ugarte, John Muir, Muir, Muir’s, Mount Gamila, James, Alex Treadway, St James, Jean, Les Houches, Mont, Rota, Marc Guitard, marveling Organizations: CNN, Slovenia Mountaineers, Getty, Maribor, Triglav, National Parks ”, Sierra Club, Guinness, Hellas, Via Locations: Trail, Sweden, Hyssna’s, Gothenburg, Lilla Hålsjön, Finland Finnish Lapland, Finland, It’s, Hautajärvi, Lapland’s, Kuusamo, King Charles III England, England, Cornwall, Suffolk, Norfolk, Slovenia, Triglav, Ankaran, Adriatic, Julian, Scotland, Yosemite, United States, Helensburgh, Firth, Clyde, Dunbar, Forth, Loch Lomond, Mount, Zagoria, Greece, Mount Gamila, Apuseni, Romania, Europe, Camino Frances, France, Spain, Santiago, Santiago de Compostela, Galicia, Portugal, Camino, St, Pamplona, Leon, Sarria, Via Uno, Italy, Dobbiaco, Belluno, Passo Falzarego, Switzerland, it’s, Zernez, Blanc , France, Blanc, Les, Mont Blanc, Fishermen’s, Portuguese, Alentejo, Algarve, Iceland, Landmannalaugar, Brennisteinsalda, Hvanngil, Cork, Ireland, Bantry, Mizen

☆ Opinion | Biden’s Real Mistake in Pausing Military Aid to Israel
▼ + stars: | 2024-05-10 | by ( Thomas L. Friedman | ) www.nytimes.com time to read: +1 min

It is unfortunate that President Biden chose to announce his pause of some weapons sales to Israel while on a political campaign swing through Wisconsin. I use that word — “unfortunate” — not because I don’t understand why Biden did so, but because the move has enabled Benjamin Netanyahu to deflect attention from the fact that the most dangerous leader threatening Israel today is not Biden but Bibi. Netanyahu’s policies have not and will not produce a sustainable victory in Gaza, cannot secure Israel against its greatest existential threat — Iran — and are endangering world Jewry and undermining America’s broader Middle East strategic needs and goals. That is the real source of tension between Washington and Jerusalem today. It is not Biden’s temporary hold on sending Israel a fresh supply of 2,000-pound bombs and some other offensive weapons — which Biden has been warning Israel for months that he would do if Israel attempted to pulverize Rafah, the way that it did Gaza City and Khan Younis, without an evacuation of civilians.

Persons: Biden, Benjamin Netanyahu, Bibi, Israel, Khan Younis, Itamar Ben, Gvir, Hamas ❤️ Biden Organizations: Israel, National Security, Hamas Locations: Israel, Wisconsin, Gaza, Iran, Washington, Jerusalem, Rafah

☆ Cyberattack forces major US health care network to divert ambulances from hospitals
▼ + stars: | 2024-05-10 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +2 min

CNN —A major US health care system said Thursday that it is diverting ambulances from “several” of its hospitals following a cyberattack this week. The sprawling health care network, which also owns 40 senior living facilities, said that it would be using “downtime procedure for some time,” because of the cyberattack. It was not clear how many Ascension hospitals were sending ambulances to other locations because of the cyberattack. It’s only the latest major hacking incident that has hobbled a big US health care network and sent US officials scrambling to offer support. A February ransomware attack on Change Healthcare, a subsidiary of health care giant UnitedHealth Group, caused billing disruptions at pharmacies across the US and threatened to put some health providers out of business.

Persons: Ascension, cybercriminals, Mandiant, ” Ascension, Andrew, UnitedHealth Organizations: CNN, US, Healthcare, UnitedHealth Locations: St, Louis

☆ There’s a surprising bit of good news lurking in the stock market
▼ + stars: | 2024-05-10 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

Traders fear that elevated rates will uphold painfully high borrowing costs for consumers, squeeze corporate profit and weigh down the market. The labor market has stayed strong, consumers have continued spending and stocks have notched repeated record highs. The April jobs report was a welcome sign that the labor market is cooling without cratering. The labor market added just 175,000 positions last month, marking its lowest tally since October 2023 and a sharp cooldown from the upwardly revised 315,000 jobs added in March. First-time applications for unemployment benefits climbed last week to 231,000, the highest level since last August, in another sign that the labor market is cooling.

Persons: “, ”, Jeff Buchbinder, Jerome Powell, ” Powell, April’s, David Russell, Matt Egan, Wally Adeyemo, Read, Diksha Madhok, Narendra Modi, Modi, Mukesh Ambani, Gautam Adani, Ambani, Ji, ” Modi, Rahul Gandhi Organizations: CNN Business, Bell, New York CNN, Federal, Traders, CNN, Fed, LPL, ” Treasury, Treasury, Reliance Industries, Adani, Indian National Congress Locations: New York, Thursday’s, ’, India

☆ The next union organizing wave is at Apple
▼ + stars: | 2024-05-10 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +7 min

Apple store workers in Towson, Maryland, made history in June 2022 when they voted to form the first union at one of the tech giant’s sleek US stores. But the union vote in New Jersey this weekend, along with other efforts across the country, could just be the beginning. The Apple workers (possibly) going on strike is going to be a spark for other workers,” Bronfenbrenner said. Workers at the Towson Town Center Apple hold their new union T-shirts after their store employees decided to join the International Association of Machinists Union. Theirs is the first Apple store in the US to vote for union representation.

Persons: Apple, ” Kate Bronfenbrenner, ” Bronfenbrenner, Jay Wadleigh, Barbara Haddock Taylor, Bronfenbrenner, There’s, “, ”, Catherine Thorbecke Organizations: New, New York CNN, Apple, Big Tech, US, Employees, National Labor Relations Board, Labor Education Research, Cornell’s School of Industrial and Labor Relations, Oklahoma City, Towson, CNN, Maryland Apple, International Association of Machinists, Aerospace Workers Coalition, Retail Employees, Workers, Towson Town Center Apple, Baltimore Sun, Tribune, Service, Getty Images, Google, Union, NLRB, World Trade, US Labor Board Locations: New York, Washington, China, Towson , Maryland, Baltimore, Maryland, New Jersey, New York City, United States, International Association of Machinists Union, Short Hills, Atlanta, Cupertino , California

☆ U.S. to Announce New Tariffs on Chinese Electric Vehicles
▼ + stars: | 2024-05-10 | by ( Alan Rappeport | Jim Tankersley | ) www.nytimes.com time to read: +1 min

The Biden administration is set to announce new tariffs on Chinese electric vehicles and other goods as early as next week, according to people familiar with the matter, as President Biden looks for ways to protect America’s nascent clean energy sector from a surge of cheap Chinese imports. The long-awaited tariffs are the result of a four-year review of the levies that former President Donald J. Trump imposed on more than $300 billion of Chinese imports in 2018. That includes Chinese electric vehicles, which currently face a 25 percent tariff. The administration is expected to raise that to a much higher rate in order to make it prohibitively expensive to buy a Chinese EV. The administration has been considering tariffs as high as 100 percent, according to a person familiar with the deliberations.

Persons: Biden, Donald J, Trump Locations: China

☆ Massive Fossil Donation Helps Brazil’s National Museum Rise From the Ashes
▼ + stars: | 2024-05-09 | by ( Michael Greshko | ) www.nytimes.com time to read: +1 min

On the night of Sept. 2, 2018, a fire swept through the National Museum of Brazil, devastating the country’s oldest scientific institution and one of South America’s biggest and most important museums. On Tuesday, the museum announced that it received a major donation of ancient Brazilian fossils to help rebuild its collection ahead of a scheduled 2026 reopening. Burkhard Pohl, a Swiss-German collector and entrepreneur who maintains one of the world’s largest private fossil collections, has handed over to the National Museum about 1,100 specimens, all of which originated in Brazil. “The most important thing is to show to the world, in Brazil and outside Brazil, that we are uniting private people and public institutions,” Alexander Kellner, the National Museum’s director, said. “We want others to follow this example, if possible, to help us with this really herculean task.”

Persons: Burkhard Pohl, ” Alexander Kellner, “ Organizations: National Museum of, South America’s, National Museum, National Locations: National Museum of Brazil, South, Swiss, Brazil

☆ India elections: Asia’s most powerful billionaires Ambani, Adani are getting drawn in after Modi’s speech
▼ + stars: | 2024-05-09 | by ( Diksha Madhok | ) edition.cnn.com time to read: +6 min

New Delhi CNN —Two of the planet’s richest businessmen are becoming embroiled in India’s increasingly divisive election campaign. “Why has Shahzade Ji stopped talking of Ambani and Adani in this election all of sudden? “How much money have you taken from Ambani and Adani?” he said at the rally. Adani took over NDTV, an influential broadcaster, in 2022, while Ambani owns Network 18, which includes the CNN-News18 TV channel, a CNN affiliate. Billionaire RajIn the last decade, both Ambani and Adani have stunned the world with their success and influence.

Persons: Narendra Modi, Modi, Mukesh Ambani, Gautam Adani, Ambani, Ji, ” Modi, Rahul Gandhi, ”, Gandhi, Modi ” Gandhi, “, Abhinandan Sekhri, Adani, Billionaire Raj, Cassanelli, Jeff Bezos, Hindenburg’s, ferociously Organizations: New, New Delhi CNN, Reliance Industries, Adani, Indian National Congress, Reliance, CNN, India’s, Bank of India, NDTV, Billionaire, Bloomberg, Hindenburg Locations: New Delhi, India, Asia, American

☆ ‘Time, Patience, Cold Blood’: Mexico Prepares for a Potential Trump Win
▼ + stars: | 2024-05-09 | by ( Natalie Kitroeff | ) www.nytimes.com time to read: 1 min

They’re studying his interviews, bracing for mass deportations and preparing policy proposals to bring to the negotiating table. As Mexico heads toward its presidential election next month, government officials and campaign aides are also girding for a different vote: one in the United States that could return Donald Trump to the presidency. The last time Mr. Trump took office, his win surprised many of America’s allies, and his threat-filled diplomacy forced them to adapt on the go. Now, they have time to anticipate how Mr. Trump’s victory would transform relations that President Biden has tried to normalize — and they’re furiously preparing for an upheaval. For some, the memory of negotiating with Mr. Trump the last time he was in office, when he used extreme threats against Mexico, looms large.

Persons: They’re, Donald Trump, Trump, Trump’s, Biden, they’re Organizations: Mr Locations: Mexico, United States

☆ Billions in Chips Grants Are Expected to Fuel Industry Growth, Report Finds
▼ + stars: | 2024-05-08 | by ( Madeleine Ngo | ) www.nytimes.com time to read: +1 min

Billions in federal subsidies for semiconductor manufacturers are expected to help reverse a decades-long decline in America’s share of global chip manufacturing. As a result, America’s share of world chip manufacturing is expected to rise for the first time in decades, to 14 percent by 2032, up from about 10 percent today. The report found that much of the industry’s growth would be fueled by the bipartisan CHIPS Act, which gave the Commerce Department $39 billion to encourage semiconductor manufacturing in the United States. Absent that legislation, America’s share of global chip manufacturing would have fallen to 8 percent by 2032, according to the report. The United States is also expected to see a substantial boost in the domestic production of advanced logic chips, which are used in artificial intelligence, smartphones and autonomous vehicles.

Persons: Biden Organizations: Semiconductor Industry Association, Boston Consulting Group, Commerce Department Locations: United States

☆ Congressmen demand answers after CNN report contradicts Pentagon investigations into deadly Kabul airport attack
▼ + stars: | 2024-05-08 | by ( Nick Paton Walsh | Mick Krever | ) edition.cnn.com time to read: +10 min

The reporting included a video obtained by CNN captured by a Marine’s GoPro camera that had not been seen publicly in full before. Much of the controversy about the Pentagon’s two investigations into the attack has focused on gunfire in the aftermath of the blast. “Lastly, why do journalists have this video footage and the Department does not? The recent discovery of new video released by CNN directly contradicts and exposes outright lies from our recent briefing last month from CENTCOM officials,” the Gold Star families said in a statement they sent to CNN. Haroon Sabawoon/Anadolu Agency/Getty Images/FileThe evidence also suggests the Pentagon may have more video footage than it has acknowledged in public.

Persons: Defense Lloyd Austin, Austin “, –, ”, Mike Waltz, Darrell Issa, Tim Burchett, Brian Mast, Rich McCormick, Keith Self, Cory Mills, Chris Smith –, Sayed Ahmadi, Ahmadi, “, ” James Adams, Hamid, Jared Schmitz, Humberto Sanchez, Taylor Hoover, Nicole Gee, Kareem Nikoui, Hunter Lopez, Rylee McCollum –, Biden, Erik Kurilla, CENTCOM, I’m, Haroon Sabawoon, Rob Lodewick, ” Lodewick Organizations: CNN —, Defense, CNN, Pentagon, House Foreign Affairs, Command, Marines, House Foreign Affairs Committee, Department, Gold Star, Department of Defense, Biden Administration, “, Anadolu Agency, Getty, Army, DoD, Service Locations: Kabul, Afghanistan, US

☆ Using Cartoonish Accents, J.F.K.’s Grandson Insults and Mocks Robert F. Kennedy Jr.
▼ + stars: | 2024-05-08 | by ( Chris Cameron | ) www.nytimes.com time to read: 1 min

The grandson of President John F. Kennedy this week savaged his presidential-candidate cousin, Robert F. Kennedy Jr., in a series of mocking, meant-to-be-funny videos that were, inarguably, uncharacteristically un-Kennedyesque, escalating a civil war within America’s most storied political dynasty. In a series of Instagram posts, the grandson, Jack Schlossberg, 31, variously called Mr. Kennedy, 70, a “prick,” suggested he was using steroids, said he was “lying to us” and portrayed him as a Russian stooge and a stalking horse for Donald J. Trump. But what viewers may be more struck by, or even insulted by, are the heavily accented caricatures the young scion used to dramatize his points. He impersonates a Massachusetts fan of the Kennedys named Jimmy, sounding like Ben Affleck in a Dunkin’ Donuts commercial.

Persons: John F, Kennedy, Robert F, Kennedy Jr, Jack Schlossberg, ”, Donald J, Ben Affleck Organizations: Trump, Kennedys Locations: America’s, Russian, Massachusetts

☆ What the proxy fight at Norfolk Southern means for railroad safety
▼ + stars: | 2024-05-08 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

The fight has split the railroad’s unions, who disagree which management team – the current Norfolk Southern leadership or one proposed by activist investor Ancora Holdings – would be best for safety and the railroad’s employees. Norfolk Southern CEO Alan Shaw, third from left, listens to testimony during a hearing held by the Senate Commerce, Science, and Transportation Committee on March 22, 2023 in Washington, DC. The committee heard testimony on "Improving Rail Safety in response to the East Palestine Derailment." BLET said that Orr’s appointment shows that Norfolk Southern is committed to additional use of PSR, no matter which side wins the the proxy fight. On February 3rd, a Norfolk Southern Railways train carrying toxic chemicals derailed causing an environmental disaster.

Persons: Alan Shaw, Amit Bose, Win McNamee, Bose, ”, “, Jeremy Ferguson, Shaw, “ Shaw, Jerry Sturdivant, John Orr, BLET, Michael Swensen, Jim Barber, Glass Lewis, Ancora Organizations: New, New York CNN, Norfolk, Norfolk Southern, Ancora Holdings, PSR, Federal Railroad Administration, Senate Commerce, Science, Transportation, Shaw, SMART, of Locomotive Engineers, Trainmen, NS, Canadian Pacific, Canadian Pacific Kansas City, Way Employees, Norfolk Southern Railways, Teamsters, UPS, CSX, Union Pacific Locations: New York, Norfolk Southern, Atlanta, East Palestine , Ohio, Norfolk, East Palestine, Washington ,, Canadian Pacific Kansas, Palestine, ”, NS

☆ Election Updates: As the V.P. race heats up, Tim Scott will hold a fund-raiser with Trump-resistant donors.
▼ + stars: | 2024-05-08 | by ( Michael C. Bender | ) www.nytimes.com time to read: +5 min

“You know, I’m a fan of his father,” Mr. Schlossberg says, as Jimmy. Mr. Schlossberg has long been in Mr. Biden’s corner. The Biden campaign did not immediately respond to questions of whether Mr. Schlossberg’s video barrage had been coordinated with the campaign. At minimum, Mr. Schlossberg, who has hinted in the past that he has his eye on elected office, has demonstrated a willingness to take comedic risks. Whatever his flaws, and however reliant he may be on hackneyed stereotypes, Mr. Schlossberg is plainly a committed performer.

Persons: John F, Kennedy, Robert F, Kennedy Jr, Jack Schlossberg, ”, Donald J, Ben Affleck, ” Mr, Schlossberg, Jimmy, Wade, Anthony, Mr, “, Caroline Kennedy, Solomon, Matthew Abbott, Joshua, Camelot, John Bouvier Kennedy Schlossberg, Biden, Jim Wilson, —, — “ Organizations: Trump, Kennedys, The New York Times, New York Jewish, Federal Reserve, Convention, Mr, Democratic, Ivy League, New York Times Locations: America’s, Russian, Massachusetts, China, Russia, New, England, Biden’s, Australia, New York City

☆ India’s economy and Modi, Ambani, Adani: The three men shaping the next economic superpower
▼ + stars: | 2024-05-07 | by ( Diksha Madhok | ) edition.cnn.com time to read: +13 min

Fellow billionaire Gautam Adani, founder of the Adani group, was also invited. Reliance Industries and the Adani Group are sprawling conglomerates worth over $200 billion each, with established businesses in sectors ranging from fossil fuels and clean energy to media and technology. As a result, these three men — Modi, Ambani and Adani — are playing a fundamental role in shaping the economic superpower India will become in the coming decades. Both Adani and Ambani have become key allies as the country embarks on this revolution. “India cannot grow rich before it becomes old on the back of a few big firms like Adani or Ambani,” he said.

Persons: Mukesh Ambani, Mark Zuckerberg, Bill Gates, Ivanka Trump, popstar Rihanna, David Blaine, Ambani, Gautam Adani, Jeff Bezos, ”, Rohit Lamba, Narendra Modi, — Modi, Adani, Noemi Cassanelli, ’, John D Rockefeller, Vanderbilt, James Crabtree, Modi, Guido Cozzi, Cozzi, Ambani’s, Dhirubhai, helms, Cantor Fitzgerald, Cantor, ’ Ambani, Amit Dave, Hindenburg’s, ferociously, ” Cantor, Modi’s, Prasanna Tantri, Crabtree, Lamba Organizations: New, New Delhi CNN —, Reliance Industries, Pennsylvania State University, Investors, Adani, CNN, Adani Realty, Frick, Astor, Carnegie, Samsung, Hyundai, World Bank . Coal, University of St, Adani Group, Reliance, Reliance Industry, Adani Enterprises, AEL “, Tata Group, Modi, India’s, Hindenburg, GQG Partners, Indian School of Business Locations: New Delhi, Gujarat, Davos, Coachella, Silicon Valley, India, China, Mumbai, Antilia, America, Asia, Britain, South Korea, Worth, United Kingdom, University of St Gallen, Switzerland, American

☆ What to Know About Xi Jinping’s Trip to Europe
▼ + stars: | 2024-05-06 | by ( Emma Bubola | ) www.nytimes.com time to read: +1 min

This week, for the first time in five years, President Xi Jinping of China will be visiting Europe, with stops in France, Serbia and Hungary. Mr. Xi will also encourage President Emmanuel Macron of France to pursue greater autonomy from the United States in a bid to weaken Washington’s global dominance. Here is what we know about Mr. Xi’s trip, which began Sunday. What is the significance of Mr. Xi’s itinerary? The three countries Mr. Xi will be visiting, experts say, to varying degrees embrace China’s push for a redefined global order.

Persons: Xi Jinping, Xi, Emmanuel Macron Organizations: European Union Locations: China, Europe, France, Serbia, Hungary, Russia, Ukraine, United States, Beijing

CNN —Judge Juan Merchan has found former President Donald Trump in contempt for violating the gag order in his hush money trial for the 10th time and said he’ll consider jail time going forward. Last week, the judge fined Trump $9,000 for nine previous violations of the judge’s gag order. Violations of the gag order are punishable by a fine of up to $1,000, by jail time of up to 30 days, or both. In a statement, Trump campaign spokesman Steven Cheung called the gag order “unconstitutional and un-American” and criticized the judge and his ruling. In a written ruling, the judge said those comments violated the gag order.

Persons: Juan Merchan, Donald Trump, he’ll, “, ” Merchan, “ Mr, Trump, Michael Cohen, Stormy Daniels, Steven Cheung, ”, Crooked Joe Biden, Karen Friedman Agnifilo, Merchan, ” Trump, “ Defendant, ” Prosecutors, David Pecker Organizations: CNN, Trump, Prosecutors, “, Real America’s Locations: United States, New York

The day Edmundo González was plucked from obscurity and chosen to take on South America’s longest ruling authoritarian leader, technicians were busy making sure his home was not wiretapped. “This was not in our plans,” his wife, Mercedes López de González, said in an interview that day in April in their apartment in Caracas, the capital of Venezuela. Not long ago, Mr. González, 74, was a retired diplomat and grandfather of four with no political aspirations. He kept busy writing academic papers, speaking at conferences and taking his grandchildren to haircuts and music lessons. Now, many Venezuelans have placed their hopes in him to end years of repressive rule as he challenges President Nicolás Maduro, who has held power since 2013, in elections scheduled in late July.

Persons: Edmundo González, ”, Mercedes López de González, González, Nicolás Maduro Locations: Caracas, Venezuela

☆ America Has a Bad Case of China Anxiety - The New York Times
▼ + stars: | 2024-05-06 | by ( Rory Truex | ) www.nytimes.com time to read: +2 min

A prolonged stress response may contribute to anxiety, which can cause people to perceive danger where there is none and obsess about worst-case scenarios. America’s collective national body is suffering from a chronic case of China anxiety. These measures all have a national security rationale, and it is not my intention here to weigh the merits of every one. But collectively they are yielding a United States that is fundamentally more closed — and more like China in meaningful ways. Even if it was, it’s common practice to use human waste, known as “biosolids,” as fertilizer in many countries, including the United States.

Persons: Rick Scott Organizations: U.S, Congress, McGill University Locations: China, TikTok, United States, Florida, U.S

☆ How Humans Failed Racehorses
▼ + stars: | 2024-05-05 | by ( Joe Drape | ) www.nytimes.com time to read: +1 min

It was a welcome conclusion for the multibillion-dollar sport imperiled by frequent racing fatalities, reckless breeding, dodgy doping practices and the old-fashioned greed of veterinarians, trainers and owners. Last year, 12 horses perished at Churchill Downs in the days surrounding the famous race. Two weeks later, a horse trained by one of the sport’s most recognized trainers died at Pimlico Race Course. Ambulances rumbled onto the track, emergency workers erected privacy screens and, behind them, vets euthanized the horses with injections. All of it put the social acceptability of one of America’s oldest sports at risk.

Persons: Dan, Forever Young Organizations: Sierra, Forever, Kentucky Derby Locations: Sierra Leone, Japan, America’s, Churchill, Saratoga, New York

☆ Xi Visits Europe, Seeking Strategic Opportunity
▼ + stars: | 2024-05-05 | by ( Roger Cohen | Chris Buckley | ) www.nytimes.com time to read: +1 min

On his first visit to Europe in five years, the Chinese president, Xi Jinping, appears intent on seizing opportunities to loosen the continent’s bonds with the United States and forge a world freed of American dominance. The Chinese leader has chosen three countries to visit — France, Serbia and Hungary — that each, to a greater or lesser degree, look askance at America’s postwar ordering of the world, see China as a necessary counterweight and are eager to bolster economic ties. At a time of tensions with much of Europe — over China’s “no limits” embrace of Russia despite the war in Ukraine, its surveillance state and its apparent espionage activities that led to the recent arrest in Germany of four people — Mr. Xi, who is arriving in France on Sunday, wants to demonstrate China’s growing influence on the continent and pursue a pragmatic rapprochement. For Europe, the visit will test its delicate balancing act between China and the United States, and will no doubt be seen in Washington as a none-too-subtle effort by Mr. Xi to divide Western allies.

Persons: Xi Jinping, Mr, Xi Organizations: — Locations: Europe, United States, — France, Serbia, Hungary, China, Russia, Ukraine, Germany, France, Washington

☆ Welcome to ‘the Tepid Twenties’? The US economy’s strength won’t be enough to boost global growth
▼ + stars: | 2024-05-05 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Invigorating growth is critical: When the economy expands, it improves standards of living, promotes innovation and makes households wealthier. Economic growth in Spain and France was stronger than expected last year. But the US is outperforming mainly for one key reason: Robust productivity growth. Productivity growth came in well below expectations in the first three months of the year, according to Labor Department data released last week. A “course correction” isn’t an even stronger US economy: Economic policymakers around the world need to address a range of key issues.

Persons: ” Kristalina Georgieva, ” Georgieva, ” Stephen Gallagher, Gallagher, “, ”, Hande Atay Alam, Recep Tayyip Erdogan, Israel Katz, John Williams, Neel Kashkari, Lisa Cook, Krispy Kreme, John’s, Austan Goolsbee Organizations: Washington CNN, Monetary, IMF, European Central Bank, Labor Department, Societe Generale, CNN, Reuters, Palantir Technologies, Tyson Foods, Marriott Worldwide, New York Fed, Disney, UBS, Duke Energy, Suncor, Bros, Minneapolis, Toyota, Uber, Anheuser, Busch InBev, Airbnb, Fox Corporation, News Corporation, Duolingo, Icahn Enterprises, New York Times Company, AMC Entertainment, Honda, Warner Bros Discovery, Warner Music Group, Hyatt, Hilton, Bank of England, US Labor Department, United Kingdom’s, National Statistics, University of Michigan, . Chicago Fed, China’s National Bureau of Statistics Locations: Europe, China, United States, Spain, France, Russia, Ukraine, Turkey, Israel, Gaza, Olesya, “ Turkey, Lyft, TripAdvisor

☆ Tesla slashed its Supercharger team. What does that mean for America’s EV network?
▼ + stars: | 2024-05-04 | by ( Ella Nilsen | ) edition.cnn.com time to read: +4 min

CNN —The news this week that Elon Musk laid off Tesla’s entire Supercharger team sent shockwaves of uncertainty through the industry tasked with building America’s new network of EV chargers. A fast and reliable charging network is an essential ingredient in getting more people to switch from gas-powered vehicles to electric, and some early types of chargers proved less than dependable. Tesla had a superior charging network long before President Joe Biden set an ambitious goal to install half a million stations around the US by the end of the decade. “There are many, many charging companies out there,” an EV industry source told CNN. “Charging is a difficult business, there’s no doubt about that,” the EV industry source said.

Persons: Elon Musk, Tesla, Joe Biden, NEVI, “ It’s, ”, it’s, ” Daniel Sperling, University of California Davis, Loren McDonald, ” McDonald Organizations: CNN, EV, Joint Office of Energy, Transportation, Electric Vehicle Infrastructure, NEVI, Infrastructure Law, ”, Institute of Transportation Studies, University of California Locations: EVAdoption, New York

☆ Hats on and Off at the 150th Kentucky Derby
▼ + stars: | 2024-05-04 | by ( The Styles Desk | David Kasnic | ) www.nytimes.com time to read: +1 min

There are many associations that come to mind with the Kentucky Derby. But to be a true participant in the Derby spectacle, one needs a proper Derby hat. The tradition for wearing eye-catching attire to America’s most famous horse race began in the 1870s. The founder of the Kentucky Derby, Meriwether Lewis Clark Jr., was inspired by the fashionable dress codes at events like Ascot in Britain and Paris’s Grand Prix. Creating his own, he figured, would transform his racetrack from a place of ill-repute to one for well-heeled high society.

Persons: Meriwether Lewis Clark Jr, ”, — Organizations: Kentucky Derby, Paris’s, The New York Times, Derby Locations: Derby, Britain, Churchill Downs

For the first time in the history of the United States, billionaires had a lower effective tax rate than working-class Americans. Opinion Guest Essay Make Billionaires Pay (Their Taxes)Until recently, it was hard to know just how good the superrich are at avoiding taxes. Let’s agree that billionaires should pay income taxes equivalent to a small portion — say, 2 percent — of their wealth each year. Billionaires who already pay the baseline amount of income tax would have no extra tax to pay. The idea that billionaires should pay a minimum amount of income tax is not a radical idea.

Persons: Emmanuel Saez, Gabriel Zucman, we’ve, Demetrio Guzzardi, Jeff Bezos, Bezos, Berkshire Hathaway, Warren Buffett, Elon Musk, Bernard Arnault, Arnault’s, Arnault, Reagan, Critics, haven’t, Biden Organizations: Government, Social Security, European Economic Association, Institut des Politiques, Economic, Amazon, Elon, Twitter, Shepard, Getty, Trump, Internal, Abaca, New York, Facebook Locations: United States, Netherlands, States Netherlands Italy France, Italy, France, Tesla, LVMH, America, Europe, Sweden, Germany, Switzerland, U.S, Brazil, South Africa, Spain

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