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Russia has been bolstering its armed forces and ramping up weapons production in the expectation of a long war in Ukraine, where front lines have barely shifted for a year. "There are no plans for an additional mobilisation," Shoigu was shown telling top generals on state television. "The armed forces have the necessary number of military personnel to conduct the special military operation." Putin ordered a "partial mobilisation" of 300,000 reservists in September last year, prompting hundreds of thousands of young men to flee Russia to avoid being sent to fight. While Ukraine was able to win back territory last year from Russia in attacks which humiliated the Russian armed forces, this year has been different.
Persons: Anton Vaganov, Shoigu, Sergei Shoigu, Vladimir Putin, Wagner, Putin, Mark Milley, Milley, Dmitry Peskov, Guy Faulconbridge, Mark Trevelyan, Kevin Liffey, Nick Macfie Organizations: REUTERS, Defence, West, Belfer, Harvard Kennedy School, CNN, Kremlin, Thomson Locations: Russia, Ukraine, Leningrad Region, MOSCOW, Russian, That's, United States
David A. Andelman David AndelmanThat is the clearest and most present danger to the security of Europe and the entire Western alliance. Fissures are appearing across the hitherto united Western front that can only be sending shivers of joy up Putin’s spine. Putin quite rightly appreciated the stakes — and the opportunity — when he first launched his heartless blockade of Ukraine’s grain, grain that helps feed not only Europe but also vast stretches of Africa now plunged into the threat of devastating hunger. Ukrainian President Volodymyr Zelensky addresses the UN General Assembly last week in New York City. The EU is weighing up a mammoth four-year, 20 billion euro ($21.3 billion) fund to finance weapons purchases for Ukraine.
Persons: David A, David Andelman, Vladimir Putin, shivers, Putin, Hungary —, Volodymyr Zelensky, Bryan R, Smith, hasn’t, , Mateusz Morawiecki, Andrzej Duda, Robert Fico, Fico, Olaf Scholz, , Mitch McConnell, , ” Robert I, Harvard Kennedy Organizations: CNN, French Legion of, The New York Times, CBS News, America, Republicans, NATO, European Union, UN, Assembly, Getty, Smer Party, , World Trade Organization, Ukraine, North, Times, Harvard Kennedy School’s Locations: Ukraine, Europe, Africa, Poland, Slovakia, Bialobrzegi, Warsaw, Hungary, New York City, AFP, New York, Moscow, ” Polish, Banovce nad Bebravou, ” Ukraine, EU, Russia, North Korea, Zelensky, London, America, China, ” China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe first thing the Fed needs to do is get inflation under control: Former CEA chair Jason FurmanJason Furman, former CEA chairman under President Obama and Harvard Kennedy School economics professor, joins 'Squawk on the Street' to discuss his expectations for the government shutdown, a potential rating downgrade for the United States, and more.
Persons: Furman Jason Furman, Obama Organizations: Harvard Kennedy School Locations: United States
And Biden isn’t the only candidate trying to line up support among young voters. Former President Donald Trump, the frontrunner for the Republican nomination in his comeback bid for the White House, visited Iowa State University last weekend. “And that’s not happening so far.”Biden won 61% of voters between the ages of 18 and 29 in 2020, according to AP VoteCast, making young voters a critical part of his coalition. The White House has worked with online influencers to reach people who don't rely on traditional media. On Thursday, Harris repeatedly tried to demonstrate that she understood young voters’ concerns.
Persons: Kamala Harris, Jaden Clemons, Layth Carpenter, Harris, , Joe Biden, Clemons, Biden, they're, Donald Trump, , Trump, John Brabender, Isaac Gavin, ” Sen, Mitt Romney, ” Biden, ” Harris, Kevin Munoz, isn’t, John Della Volpe, “ It’s, Della Volpe, Destiny Humphreys, they’re, Carpenter, ___ Price, Ayanna Alexander, Farnoush Amiri Organizations: , Hampton University, Howard University, White, Republican, Iowa State University, Alpha Gamma Rho, University of Iowa, YouTube, Drake University, Utah Republican, U.S . Capitol, AP, North Carolina, Democratic National Committee, Biden, Democrats, Harvard Kennedy School Institute of Politics, South Carolina State University, U.S, Supreme Locations: HAMPTON, Va, Hampton, Las Vegas, Des Moines, Utah, United States, Greensboro, N.C, , New York, Beaumont, Des Moines , Iowa, Orangeburg, S.C, Washington
Western officials saw the summit with North Korea as an effort by Putin to secure a potential arms bonanza for his military. North Korea also could increase its ammunition production at Russia’s behest. Yang Uk, a security expert at South Korea’s Asan Institute for Policy Studies, noted that in addition to Soviet-designed armaments, North Korea also could share some of its latest military equipment. “There isn’t really much left in the policy toolbox in terms of addressing the challenges specifically from Russia and North Korea,” Park observed. It’s just basically not implementing sanctions.”A major factor Russia needs to consider while it seeks to expand ties with North Korea is China, Pyongyang's No.
Persons: Vladimir Putin, Kim Jong Un, Putin, Kim, Josef Stalin, Kim Il Sung, , John Park, Harvard Kennedy, it’s, James O’Brien, James Nixey, Volodymyr Zelenskyy, , Yang Uk, ” Yang, Leif, Eric Easley, “ Putin, ” Nixey, Antonio Guterres, “ It’s, It’s, Danica Kirka, Emma Burrows, Kim Tong, hyung, Kim Hyung Organizations: North, Putin, Harvard, U.S . State Department, Chatham House, South Korea’s Asan Institute, Policy Studies, Ewha University, U.S, Observers, Associated Press Locations: Pyongyang, Ukraine, Moscow, Asia, Korean, Korea, Russia, North Korea, , , Eurasia, London, U.S, Central, Eastern Europe, South Korea’s, Soviet, Vostochny, Seoul, China, South Korea, Europe, Washington, russia, ukraine
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe SALT deduction is like the trickle-down economics for Democrats, says Harvard's Jason FurmanErica York, Tax Foundation senior economist, and Jason Furman, Harvard Kennedy School professor and former Chairman of the Council of Economic Advisers under President Obama, join 'Squawk Box' to discuss a new study from the Tax Policy Center, which found that loopholes in the SALT cap are costing the federal government $20 billion a year after generating between 80% to 85% of its intended revenue, and more.
Persons: Harvard's Jason Furman Erica York, Jason Furman, Obama Organizations: Tax Foundation, Harvard Kennedy School, of Economic Advisers, Tax, Center
Why the U.S. has a productivity problem
  + stars: | 2023-08-25 | by ( Jeff Huang | In Jefftchuang | ) www.cnbc.com   time to read: +1 min
Enter the labor productivity metric. But labor productivity in the U.S. has been falling. Prior to the data from the most recent quarter, the country had seen five consecutive quarters of year-over-year declines in worker productivity. "Sluggish productivity means sluggish growth. Watch the video above to find out more about how labor productivity is measured, how effective a metric it is for economists, the reasons behind the slowdown in productivity and the impact it has on the U.S. economy.
Persons: Jason Furman, Barack Obama, Greg Daco, Furman Organizations: Federal Reserve, Harvard Kennedy School, of Economic Advisers, of Labor Statistics Locations: U.S
To an extent that few Americans genuinely appreciate, global growth has been powered by the so-called Chinese miracle for almost half a century now. grew by 30 percent and China’s by 263 percent — China accounted for more than 40 percent of all global growth. If you excluded China from the data, global G.D.P. In 1992, China’s G.D.P. Quite likely not somewhere great, even if the world’s great powers manage to avoid direct conflict.
Persons: , China’s, David Oks, Henry Williams, Ricardo Hausmann, Tim Sahay, Narendra Modi Organizations: World Bank, Harvard Kennedy School Locations: China, Asia, United States, India
Here are some details of the impact:* DEATHThe war has caused death on a level not seen in Europe since World War Two. The war has left nearly 500,000 troops either dead or injured, according to the New York Times. Russian Defence Minister Sergei Shoigu said on Sept. 21 that 5,937 Russian soldiers had been killed since the start of the war. When added to Crimea, which Russia annexed from Ukraine in 2014, Russia now controls about 17.5% of Ukraine, an area of about 41,000 square miles (106,000 square km). Shortly after Russia's invasion of Ukraine, international oil prices spiked to their highest levels since the records of 2008.
Persons: Chasiv Yar, Violeta Santos Moura, Sergei Shoigu, Julie Kozack, William Burns, Putin, Guy Faulconbridge, Philippa Fletcher Organizations: REUTERS, United Nations, Human Rights, New York Times, Russian, Reuters, Belfer, Harvard Kennedy School, International Monetary Fund, CIA, European Union, Kiel Institute, Thomson Locations: Chasiv, Ukraine, Donetsk, Europe, United States, Ukraine's, Russia, Crimea, Russian, UNHCR, UKRAINE Russia, Massachusetts , New Hampshire, Connecticut, wastelands, RUSSIA, Moscow, China, Saudi Arabia, Britain, Germany, Japan
It also processes the bulk of the so-called critical minerals, like lithium, cobalt and graphite, that are essential to building out clean energy technologies. There is no clean energy revolution without China. What would happen if China decided to weaponize its clean energy resources in the same way Russia recently weaponized its oil and gas? Is it possible for the U.S. to end its energy dependency on China by investing in clean energy at home? Bordoff is the founding director of the Center on Global Energy Policy at Columbia University and a former senior director for energy and climate change for the National Security Council under Barack Obama.
Persons: , Ezra Klein, Jason Bordoff, Meghan O’Sullivan, Barack Obama, O’Sullivan, George W, Bush Organizations: Apple, Spotify, Amazon Music, Google, Center, Global Energy, Columbia University, National Security, Belfer Center for Science, International Affairs, Harvard Kennedy School Locations: China, Russia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe last mile of inflation is going to be the hardest, says former CEA chairman Jason FurmanJason Furman, former CEA chairman under President Obama and Harvard Kennedy School economics professor, joins 'Squawk Box' to discuss the state of inflation, what's behind the decline in inflation over the past year, recession fears, and more.
Persons: Jason Furman Jason Furman, Obama Organizations: Harvard Kennedy School
Elon Musk’s Unmatched Power in the Stars The tech billionaire has become the dominant power in satellite internet technology. Today, more than 4,500 Starlink satellites are in the skies, accounting for more than 50 percent of all active satellites. 53% of active satellites are Starlink.” The Starlink satellites are highlighted and are all operating in low-Earth orbit. How Starlink customers connect to the internet Starlink satellites orbit at much lower altitudes than traditional satellite internet services. “Everywhere on earth will have high bandwidth, low latency internet,” Mr. Musk predicted on the Joe Rogan podcast in 2020.
Persons: Elon Musk’s, Mark, Valeriy Zaluzhnyi, Elon Musk, Zaluzhnyi, General Zaluzhnyi, Musk, Musk’s, , Starlink’s, ” Mykhailo Fedorov, Mr, Biden, ” Dmitri Alperovitch, Sir Martin Sweeting, Sweeting, Mike Blake, Patrick Seitzer, Rafael Schmall, Joe Rogan, Jeff Bezos, Starlink, Russia —, Fedorov, , Clodagh Kilcoyne, Nancy Pelosi, Colin H, Kahl, Lynsey Addario, messaged Mr, Lloyd Austin, Gregory C, Allen, we’ve, Mykhailo Podolyak, Volodymyr Zelensky, Jason Hsu, Hsu, “ Elon, Michael McCaul of, Tsai Ing, Tsai, Audrey Tang, Mariana Suarez, Thierry Breton, SpaceX, Chérif El, Amazon Organizations: Joint Chiefs of Staff, Ukraine’s Armed Forces, SpaceX, Tesla, Twitter, Mr, U.S . Defense Department, NASA, Senior Pentagon, The Defense Department, Starlink, European Union, Silverado, Accelerator, Surrey Satellite Technology, Reuters, Airbus, Earth, Getty, Satellite, University of Michigan, National Science Foundation, Rivals, Amazon, Origin, Viasat, Pentagon, CNN, The New York Times, U.S, Defense Department, Center for Strategic, International Studies, Elon, Harvard Kennedy School, Republican, House Foreign Affairs, OneWeb, Agence France, European, United Nations Locations: Ukraine, United States, Iran, Turkey, Japan, Starlink, Crimea, Russian, Starlinks, Europe, Taiwan, China, Beijing, British, Colorado, Cape Canaveral, Fla, , California, Florida, Latin America, Africa, Nigeria, Mozambique, Rwanda, Ukrainian, Russia, Kreminna, Aspen, Colo, Kherson's, Kherson, Dnipro, Shanghai, Taipei, Michael McCaul of Texas, del, Uruguay, European Union
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed may need to do more to 'really lock in their goal', says former CEA chairman Jason FurmanJason Furman, former CEA chairman under President Obama and Harvard Kennedy School economics professor, joins 'Squawk Box' to discuss the Fed's rate hike campaign, whether a soft landing is more likely with the recent economic data, the impact of ChatGPT on learning, and more.
Persons: Jason Furman Jason Furman, Obama Organizations: Harvard Kennedy School
Thailand's Pita Limjaroenrat may get another shot at the country's prime minister job next week. But his path to potential power remains unclear, especially if the leader of the country's Move Forward Party does not budge from his election pledge to amend a law that prohibits criticism of the monarchy. Limjaroenrat fell 51 votes short of the majority he needed from the 749 members of Thailand's bicameral National Assembly for the top job in a first parliamentary vote on Thursday. Forty-two-year-old Pita, who attended Harvard Kennedy School, will be able to stand for prime minister if nominated again by his eight-party alliance. Otherwise, Pheu Thai — the second-largest party in the eight-party coalition with Move Forward — may also put forward its own candidate from among the three candidates the party had earlier surfaced.
Persons: Thailand's Pita Limjaroenrat, Limjaroenrat, Grace Lim, Pita, Paetongtarn Shinawatra, Thaksin Shinawatra, Srettha Thavisin, Chaikasem Nitisiri Organizations: National Assembly, Senate, Moody's Investors, Harvard Kennedy School Locations: Southeast Asia's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTraditional allies are not looking to pivot away from the United States, analyst saysMohammed Alyahya, senior fellow at the Belfer Center's Middle East Initiative, Harvard Kennedy School, says traditional allies aren't looking to replace the United States as a primary strategic ally.
Persons: Mohammed Alyahya Organizations: Initiative, Harvard Kennedy School Locations: United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed should raise another 50 basis points this year, says former CEA Chair Jason FurmanJason Furman, former CEA chairman and Harvard Kennedy School professor, joins 'Squawk Box' to discuss the Fed's rate hike campaign, why he believes interest rates should rise another 50 basis points over the course of the year, and more.
Persons: Jason Furman Jason Furman Organizations: Harvard Kennedy School
The deal to suspend the $31.4 trillion debt ceiling until January 2025 holds non-defense discretionary spending largely flat this year, with a 1% increase in fiscal 2024. SOCIAL SECURITY, MEDICARE OFF LIMITSIn their debt limit negotiations, both President Joe Biden and House of Representatives Speaker Kevin McCarthy vowed not to touch the main driver of U.S. debt: rising Social Security pension and Medicare health benefit costs. Debt-ceiling negotiations spared cuts to mandatory spending like Medicare, Medicaid and Social Security even though these programs cost more than discretionary spending. CBO projects the government will spend $6 trillion on mandatory spending programs in the 2033 fiscal year, up from $4.1 trillion this year. But the plan failed when then-president Barack Obama declined to endorse it, setting up Congress for the debt ceiling battle of 2011.
Persons: Joe Biden, Kevin McCarthy, Julia Nikhinson, Dennis Ippolito, you've, Nigel Chalk, Biden, Brian Riedl, Linda Bilmes, Bowles, Barack Obama, Bilmes, David Lawder, Andy Sullivan, Heather Timmons, Nick Zieminski Organizations: White, REUTERS, WASHINGTON, Republicans, Defense, Southern Methodist University, Congressional Budget Office, Security, Social Security, CBO, International Monetary Fund, Reuters, Democratic, Western Hemisphere Department, IMF, Manhattan Institute, Harvard Kennedy School, Commerce Department, Simpson, Thomson Locations: United States, Washington , U.S, U.S, Washington
Jacinda Ardern made a dame in New Zealand
  + stars: | 2023-06-05 | by ( Jessie Yeung | ) edition.cnn.com   time to read: +3 min
CNN —Former New Zealand leader Jacinda Ardern, who stepped down from her post earlier this year, has been made a dame in one of the country’s highest honors. “Having served as Prime Minister from 2017 to 2023, Dame Jacinda Ardern is recognized for her service to New Zealand during some of the greatest challenges our country has faced in modern times,” Hipkins said in a statement. The move grants Ardern the title of Dame Grand Companion of the New Zealand Order of Merit. In a statement to CNN affiliate Radio New Zealand (RNZ), Ardern said she was “incredibly humbled” by the accolade. Within a year, she had become only the second world leader to give birth in office.
Persons: Jacinda Ardern, Chris Hipkins, Dame Jacinda Ardern, ” Hipkins, Dame, , Ardern, Organizations: CNN, Former New Zealand, Labour Party, Merit, Radio New Zealand, Kiwis, United Nations General Assembly, Harvard University, Harvard Kennedy School, New Locations: New Zealand, Zealand, Christchurch, Wellington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDebt limit 'brinksmanship' has a cost and is completely unnecessary: former CEA Chair Jason FurmanGlenn Hubbard, former Council of Economic Advisers chairman and Columbia Business School professor, and Jason Furman, former CEA chairman and Harvard Kennedy School professor, join 'Squawk Box' to discuss the Fed's rate hike campaign, the latest on debt ceiling standoff, and more.
President Biden is sending 1,500 troops to the southern border. Yet, his secretary of Homeland Security says employers "are desperate for workers." The COVID-era rule expired May 11, so the Biden administration is now sending troops to tamp down on border crossings. Despite taking such measures to police the border, Biden's Department of Homeland Security argued on the day that Title 42 ended that immigrant labor is needed to address America's labor shortage. As a result, native workers who dropped out of high school and typically earn $25,000 annually saw their earnings drop by between $800 and $1,500 each year, he estimated.
The discord between Russia and the other Arctic Council members means that an effective response to these changes is far less likely. Recently, it has taken steps to expand cooperation in the Arctic with non-Arctic states. On April 24, Russia and China signed a memorandum establishing cooperation between the countries' coast guards in the Arctic. "We need to safeguard the Arctic Council as the most important international forum for Arctic cooperation and make sure it survives," Norwegian Deputy Foreign Minister Eivind Vad Petersson told Reuters. "I don't see an Arctic Council without Russia in the future," said Larsen, a Greenland lawmaker at the Danish Parliament and the Chair of Arctic Parliamentarians, a body including MPs from across the Arctic countries.
Several states across the country have imposed bans on books, K-12 educational curricula and diversity programs in recent months. And even where statewide bans are not in place, restrictive measures are being enacted by local school boards. The mere mention of structural racism or gender discrimination or sexuality can potentially cost educators and librarians their jobs. The beginnings of this national movement to defend the freedom to learn is rekindling relationships between college students and civil rights activists and inspiring new ones between college faculty and K-12 teachers and librarians. With such formidable alliances among students, teachers, organizers and academics being forged in communities across the country, we finally have an answer to reverse the swelling tide of injustice and authoritarianism.
The age question is major concern for Biden, according to political advisers I’ve spoken to recently — and according to the chatter on cable news and online. And the sense that he has underwhelmed is particularly problematic for Biden when it comes to young voters. Younger voters can also be barometers of how much a candidate’s passion factors into his appeal. I reached out to several voting rights advocates and political organizers to discuss Biden’s bid, and the overall impression settles somewhere between cautious optimism and dampened enthusiasm, not so much about Biden’s age, but how voters, including younger voters, look at his policy priorities. As Clifford Albright, the co-founder and executive director of the Black Voters Matter Fund, told me, although younger voters would generally like to see younger candidates, “the age thing can be overcome if you’re talking about the right issues.”
[1/3] A close-up view of the Chevrolet Bolt electric vehicle is seen at Stewart Chevrolet in Colma, California, U.S., October 3, 2017. "We have progressed so far that it's now time to plan to end the Chevrolet Bolt EV and EU production, which will happen at the very end of the year," GM CEO Mary Barra told investors on Tuesday. The Bolt, GM's first mass market EV, still accounts for more than 90% of all U.S. GM EV sales. The Bolt was preceded by the Chevrolet Volt -- a plug-in hybrid that GM ended production in 2019. The recall prompted GM to halt Bolt production and sales for more than six months.
Former NZ PM Jacinda Ardern accepts Harvard fellowships
  + stars: | 2023-04-25 | by ( Lucy Craymer | ) www.reuters.com   time to read: +1 min
WELLINGTON, April 26 (Reuters) - Former New Zealand Prime Minister Jacinda Ardern said on Wednesday that she was taking up three fellowships at Harvard University later in 2023. Ardern stepped down as prime minister in January saying she had "no more in the tank" to lead the country and would also not seek re-election to parliament. Harvard University said in a statement she had been appointed to dual fellowships at Harvard Kennedy School and to a concurrent fellowship at the Berkman Klein Center. “I am incredibly humbled to be joining Harvard University as a fellow - not only will it give me the opportunity to share my experience with others, it will give me a chance to learn," Ardern said in the statement. Ardern has previously said she will continue to help tackle violent extremism online as an unpaid special envoy for the Christchurch Call.
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