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☆ Biden and Netanyahu's fraught relationship hits new low after U.S. pauses weapons shipment
▼ + stars: | 2024-05-10 | by ( Natasha Turak | ) www.cnbc.com time to read: +7 min

"There's real skepticism in the administration that Rafah will bring about a deal for the hostages, like the Israelis have been saying." Pentagon confirms weapons shipment pause to IsraelThe Pentagon confirmed on Wednesday that the administration paused the delivery to Israel of a shipment of 1,800 two-thousand-pound bombs and 1,700 five-hundred-pound bombs. Netanyahu remains undeterred, saying that Israel will "stand alone" and fight "with our fingernails" if U.S. weapons shipments stopped. Israeli Defense Minister Yoav Gallant (L) visits army units on the border between Israel and Gaza Strip near Rafah, Gaza on May 07, 2024. Israeli Ministry of Defense | Anadolu | Getty ImagesItamar Ben Gvir, Israel's far-right wing national security minister, posted on X simply writing: "Hamas [heart emoji] Biden."

Persons: Ahmad Gharabli, Richard Haass, Joe Biden, Haass, George W, Bush, Benjamin Netanyahu, Khan Yunis, Ashraf Amr, Biden, Defense Lloyd Austin, Washington's, Austin, Netanyahu, Yoav Gallant, Itamar Ben Gvir, emoji, It's, Will, Avi Melamed, Melamed, Clayton Allen, Independent Sen, Bernie Sanders, Vermont, Sanders, Ali Jadallah Organizations: Hamas, AFP, Getty, U.S, Foreign Relations, Haaretz, Qatari, United Nations, WHO, Anadolu, CNN, Pentagon, Biden, Defense, Israel, Israeli, Ministry of Defense, Congress, Eurasia Group, Independent, CNBC Locations: Israel, Gaza, Rafah, Palestinian, Israeli, Khan, I'm, al, Hamas, Iran, U.S, United States

☆ Middle East Crisis White House Aide Warns Israel Against ‘Smashing Into Rafah’
▼ + stars: | 2024-05-10 | by ( Erica L. Green | ) www.nytimes.com time to read: +4 min

John F. Kirby, a White House national security spokesman, said President Biden is concerned that an Israeli assault on Rafah would strengthen Hamas. Smashing into Rafah, in his view, will not advance that objective, will not get to that sustainable, enduring defeat of Hamas. But Mr. Biden has grown increasingly wary of a major assault in the densely populated city of Rafah in southern Gaza. Credit... Abir Sultan/EPA, via ShutterstockMr. Kirby also tried to assuage concerns that the United States was breaking with its closest ally in the Middle East. Mr. Biden’s decision to pause certain weapons shipments to Israel underscored brewing frustrations between Mr. Biden and Prime Minister Benjamin Netanyahu of Israel.

Persons: John F, Kirby, Biden, Israel “, ” Mr, Israel —, Israel, Mr, CNN’s Erin Burnett, Abir, Biden’s, “, Benjamin Netanyahu, Netanyahu, God’s, ” Organizations: White House, ., American, Congress Locations: Rafah, Israel, Gaza, United States, “, I’m, Israeli, Abir Sultan, Egypt

☆ 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

☆ 'Fierce' Russian attacks test Ukraine's defenses near its 2nd largest city
▼ + stars: | 2024-05-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Russia has launched a major attack in Ukraine's northeastern Kharkiv region. Zelenskyy said Ukrainian forces have responded to the attack, but "a fierce battle is underway." There are fears it could be part of a renewed drive for the city of Kharkiv that Russia failed to seize in the war's early months. AdvertisementRescuers work at a house in Kharkiv on May 10, 2024 after a Russian missile attack. The analysts said Moscow lacks enough troops in the area, and did not try to attack the city from multiple directions.

Persons: Zelenskyy, —, Volodymyr Zelenskyy, Dara Massicot, Andrii, Andrii Kovalenko, Kovalenko Organizations: Service, Images, Slovakian, Carnegie Endowment, International, AP, Institute for, National Security and Defense Locations: Russia, Ukraine's, Kharkiv, Kyiv, Ukraine, Ukrainian, Vovchansk, Moscow, Russian

☆ 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

☆ Joe Biden is expected to unveil new tariffs on Chinese EVs. Here's what that could mean for the sector.
▼ + stars: | 2024-05-10 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Citing people familiar with the matter, Bloomberg reported that the US government is set to impose new tariffs on a range of Chinese industries, including EVs. Chinese EV producers such as BYD have so far largely avoided the US market due to pre-existing trade barriers, such as a 25% tariff on Chinese auto imports previously touted by President Donald Trump. AdvertisementRelief for US firmsThe expected decision to target China's EV exports would come as a relief to US EV companies. Tesla CEO Elon Musk said earlier this year that Chinese EV firms would "demolish" their Western rivals if trade barriers weren't put in place.

Persons: —, Joe Biden, Donald Trump, he's, Elon Musk, Trump Organizations: Service, Bloomberg, Business, Reuters, EV, Chery Locations: Mexico

☆ Biden admin says it’s ‘reasonable to assess’ Israel used American weapons in Gaza in ways ‘inconsistent’ with international law
▼ + stars: | 2024-05-10 | by ( Jennifer Hansler | Kylie Atwood | ) edition.cnn.com time to read: +3 min

CNN —The Biden administration said Friday that it is “reasonable to assess” that US weapons have been used by Israeli forces in Gaza in ways that are “inconsistent” with international humanitarian law but stopped short of officially saying Israel violated the law. Although the report does not find Israel in violation of either of the terms of the memorandum, it is sharply critical of the toll of Israel’s military campaign. The findings of the report mark another stark moment in US-Israeli relations in the same week President Joe Biden threatened to restrict weapons transfers if Israel goes ahead with a major offensive in Rafah. The administration was required to make a determination on those two matters under a February national security memorandum, which Biden issued under pressure from Democratic lawmakers. That official said the report would be shared with the Israeli government.

Persons: CNN —, Biden, “, Joe Biden, Israel, ” Organizations: CNN, State Department, USG, Hamas, Capitol, Democratic Locations: Gaza, Israel, Rafah

☆ Coral reefs are experiencing another global bleaching event. Growing corals on artificial reefs could help save them
▼ + stars: | 2024-05-09 | by ( Michelle Cohan | ) edition.cnn.com time to read: +6 min

Like other coral reefs, over the last few decades, this vibrant ecosystem has been suffering from the effects of climate change, with the National Oceanic and Atmospheric Administration recently reporting a fourth global mass bleaching event – the second in the last decade. Bleaching happens when the corals become stressed due to changes in their environment and expel the colorful algae living on them. University of MiamiIn partnership with the city of Miami Beach, two hybrid reefs were deployed in March 2023. Coral gardeningLirman’s team has been growing and testing coral colonies at the university for more than 15 years. A global problemOcean ecosystems are declining and suffering around the world, Lirman says.

Persons: ”, Diego Lirman, Lirman, ” Lirman, “, Emily Esplandiu, they’ve, “ We’re Organizations: CNN, Miami, National Oceanic, Atmospheric Administration, University of Miami, North Miami Beach, International Maritime Organization, Miami Beach, Dade, US Department of Defense Locations: Miami Beach , Florida, North Miami, Miami Beach, Miami

☆ FBI watching if US support for Ukraine will spur Russian risk taking in 2024 election
▼ + stars: | 2024-05-09 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —US intelligence officials are watching closely to see if the United States’ support for Ukraine will lead the Russian government to take more risks in potentially interfering in the 2024 presidential election, a senior FBI official told reporters Thursday. “We’re certainly… keeping our eye out to make sure that that’s not increasing [their] risk taking.”The FBI briefed reporters on the condition that the senior FBI officials not be named. The FBI official’s comments on Thursday echo those made by a senior National Security Agency official in March. “Russia can use their access to those government networks to undermine confidence in the US election integrity and bolster influence operations,” the second FBI official said. The FBI officials also singled out China and Iran as other governments that could be willing to interfere in or influence the 2024 US election.

Persons: Joe, “ We’re, ”, Donald Trump, Vladimir Putin, denigrate Biden, Trump, weren’t, Hillary Clinton’s, “, ” Rob Joyce, Joyce, ” CNN’s Marshall Cohen Organizations: CNN, FBI, Ukraine, GOP, National Security Agency Locations: United States, Ukraine, Russian, Ukraine –, Kyiv, Russia, China, Iran

☆ Withholding US weapons from Israel could force changes in how it fights but may not stop its devastating assault
▼ + stars: | 2024-05-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

The US paused a shipment of bombs to Israel last week amid rising concerns over a Rafah assault. Israeli soldiers work on armored military vehicles at a staging ground near the Israeli-Gaza border, in southern Israel on May 8, 2024. That would be a more difficult fight for the Israeli military, Byman said. A view shows Israeli F-16 fighter jets on a runway in an airbase in southern Israel on March 4, 2024. It is not necessarily an unprecedented move, as past US administrations have also threatened to withhold military support from Israel.

Persons: Joe Biden, —, Israel, Biden, Benjamin Netanyahu's, Daniel Byman, Byman, Israel's, CNN's Erin Burnett, We're, Raphael Cohen, Cohen, Hatem Khaled, John Kirby, Mohammed Salem, Netanyahu Organizations: US, Service, AP, State Department, Attack Munitions, Transnational, Center for Strategic, International Studies, Hezbollah, REUTERS, RAND Corporation, AIR FORCE, US Army Reserve, White House National Security Council Locations: Israel, Washington, Gaza, Rafah, I'm, Egypt

☆ Biden’s threat to halt weapons deliveries sparks anger and infighting among Israeli officials
▼ + stars: | 2024-05-09 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +3 min

The comment from Biden to CNN is a major setback for Israel’s war. The US is by far Israel’s most important and most powerful ally, and without its support, Israel’s firepower and ambitions in Gaza would be weakened. Despite mounting international pressure, the Biden administration has stood firmly with Israel, delivering weapons and other forms of support. Biden comments have sparked significant anger among some Israeli politicians. Other top Israeli officials also criticized Ben Gvir.

Persons: Joe Biden’s, Biden, CNN’s Erin Burnett, Gilad Erdan, Benjamin Netanyahu, ”, Netanyahu, Miki Zohar, Itamar Ben Gvir, Hamas ❤️ Biden, Isaac Herzog, Ben Gvir, Yair Lapid, Merav Michaeli, “ Netanyahu Organizations: CNN, United Nations, Likud, Twitter, National Security, Hamas, Yesh, IDF, Israeli Labor Party Locations: United States, Israel, Rafah, Gaza, State

☆ White House Aide Warns Israel Against ‘Smashing Into Rafah’
▼ + stars: | 2024-05-09 | by ( Erica L. Green | ) www.nytimes.com time to read: +1 min

A White House spokesman warned on Thursday that Israel “smashing into Rafah” would not eradicate Hamas as he urged the country to find alternatives to the long-threatened assault on a city where more than a million Palestinians are sheltering. But Mr. Biden has grown increasingly wary of a major assault in the densely populated city of Rafah in southern Gaza. “An enduring defeat of Hamas certainly remains the Israeli goal, and we share that goal with them,” Mr. Kirby said. On Wednesday, he said he would also withhold artillery if Israel went ahead with a major operation in Rafah. “If they go into Rafah, I’m not supplying the weapons that have been used historically to deal with Rafah, to deal with the cities, that deal with that problem,” Mr. Biden said in an interview with CNN’s Erin Burnett.

Persons: Israel “, John F, Kirby, Biden, ” Mr, Israel —, Israel, Mr, CNN’s Erin Burnett Organizations: White House Locations: Rafah, Israel, Gaza, United States, “, I’m

Washington CNN —President Joe Biden’s decision this week to make public his ultimatum that a major Israeli offensive in the city of Rafah would result in a shut-off of some US weapons did not come easily or lightly. Last week, Biden signed off on a pause of 3,500 bombs to Israel that administration officials feared would be dropped on Rafah. Aware or not of the president’s views, Israeli officials reacted with shock to the public announcement. Israeli officials also sought to downplay the significance of Biden’s announcement. It marked the clearest signal yet that six months into the war, Biden was starting to seriously consider conditioning US support for Israel.

Persons: Joe Biden’s, Benjamin Netanyahu, Biden’s, Netanyahu, Biden, Still, CNN’s Erin Burnett, he’d, ” Biden, Burnett, wasn’t, “, Erin Burnett, ”, John Kirby, Kirby, Daniel Hagari, Israel, –, Jesus, Israel’s, ” Kirby, straightforwardly, pare, Donald Trump, Utah Sen, Mitt Romney, Mike Johnson, who’d, Pennsylvania Sen, John Fetterman, they’re, CNN’s Manu Raju, Sen, Jon Tester, Ben Cardin, “ I’m, I’ve, we’ve, ” Sen, Bernie Sanders Organizations: Washington CNN, Israel Defense Forces, White, National Security, CNN, Kitchen, Capitol, Israel, Biden’s CNN, GOP, Politico, Pennsylvania, Foreign Relations Locations: Rafah, Gaza, Israel, Wisconsin, I’m, Rafah Israel, “ Israel, Utah, Montana, Vermont

☆ Analysis: Biden’s Rafah warning sends immediate shockwaves through US and global politics
▼ + stars: | 2024-05-09 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

Hospitals are overstretched as Palestinians die in Israeli attacks on the suburbs and tens of thousands of people have already fled. For Netanyahu, the eradication of the group that carried out the October 7 attacks may be a matter of political survival. • Can Israel — as Netanyahu vows — go ahead alone in an operation even the US has disowned? • How would a full-scale offensive in Rafah further hamper already faltering attempts to secure a ceasefire between Israel and Hamas? Initially, Biden’s warning, delivered in an interview with CNN’s Erin Burnett in the swing state of Wisconsin on Wednesday, looks like a case of political whiplash.

Persons: Joe Biden’s, —, Reagan, Benjamin Netanyahu, ”, Biden, Donald Trump, Netanyahu, Will Biden’s, Israel —, pummel, he’s, Erin Burnett, CNN Alon Pinkas, CNN’s Becky Anderson, ” Pinkas, CNN’s Erin Burnett, Joe ”, Israel’s, Gilad Erdan, Yoav Gallant, “, dissing Biden, Mike Johnson, ” Trump, Trump, Bill Clinton, Barack Obama, Ronald Reagan’s, Massachusetts Sen, Elizabeth Warren Organizations: Washington CNN, CNN, Israeli, Gaza Health Ministry, United Nations, Democratic, Republicans, Trump, voters, Republican, House, Hamas, Party, GOP, CNBC Locations: Israel, Rafah, Washington, Gaza, Rafah —, New York, Wisconsin, United States, Europe, Michigan, Chicago, Vietnam, Iran, Damascus, Lebanon, Massachusetts

☆ Treasury launches ‘Project Fortress,’ an alliance with banks against hackers
▼ + stars: | 2024-05-09 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

The new public-private partnership, dubbed Project Fortress, underscores the real danger US officials and bank executives believe cyberattacks pose to the economy. But Project Fortress is not just about playing defense. Project Fortress has been in the works for several months, with Treasury rolling out various parts of the alliance in pieces, the source said. One of the key elements of Project Fortress is the cyber hygiene tool run by the Cybersecurity and Infrastructure Security Agency (CISA). The federal government has recently flexed its offensive capabilities, including ones that are part of Project Fortress.

Persons: Wally Adeyemo, Janet Yellen, Adeyemo, Jamie Dimon, Brian Moynihan, Jane Fraser, Robin Vince, ” Vince, Vince, Jerome Powell, ” Adeyemo, Sean Lyngaas Organizations: New, New York CNN, Treasury, CNN, Bank Policy, JPMorgan Chase, Bank of America, Citigroup, BNY, Washington, Industrial, Commercial Bank of China, Infrastructure Security Agency, JPMorgan Locations: New York, Washington

☆ Mohammad Rasoulof: Iran sentences renowned director to 8 years in prison and flogging, lawyer says
▼ + stars: | 2024-05-09 | by ( Hande Atay Alam | Artemis Moshtaghian | ) edition.cnn.com time to read: +2 min

CNN —A court in Iran has sentenced acclaimed movie director Mohammad Rasoulof to eight years in prison and flogging for national security crimes, his lawyer said on Wednesday. The writer-director’s latest work, “The Seed of the Sacred Fig” is due to premiere at the Cannes Film Festival in France next week. According to Paknia, some also alleged they were asked by officials to tell Rasoulof to withdraw the film from the festival. “Once again, the judiciary’s verdict against Mohammad Rasoulof proved that the law is only a playground for stubbornness and revenge in the legal system contaminated by government jurisprudence,” it said. “Independent and freedom-loving cinematographers condemn the invalid judgment of the judiciary against Mohammad Rasoulof and stand by him and all the artists who make fun of government censorship.”

Persons: CNN —, Mohammad Rasoulof, Babak Paknia, Paknia, Rasoulof, ”, HRW, “ Organizations: CNN, Cannes, Cannes Film, Human Rights Watch, Association Locations: Iran, France, Cannes

☆ U.S. eyes curbs on China's access to AI software behind apps like ChatGPT
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: +3 min

The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China with preliminary plans to place guardrails around the most advanced AI Models, the core software of artificial intelligence systems like ChatGPT, sources said. The Commerce Department is considering a new regulatory push to restrict the export of proprietary or closed source AI models, whose software and the data it is trained on are kept under wraps, three people familiar with the matter said. Currently, nothing is stopping U.S. AI giants like Microsoft -backed OpenAI, Alphabet's Google DeepMind and rival Anthropic, which have developed some of the most powerful closed source AI models, from selling them to almost anyone in the world without government oversight. When that level is reached, a developer must report its AI model development plans and provide test results to the Commerce Department. That computing power threshold could become the basis for determining what AI models would be subject to export restrictions, according to two U.S. officials and another source briefed on the discussions.

Persons: Biden, Peter Harrell Organizations: 14th China, Public Safety, China International Exhibition Center, The Commerce Department, Commerce Department, Embassy, Microsoft, Google, Government, National Security Council Locations: Beijing, China, Washington, U.S

☆ Hong Kong Court Bans Democracy Song, Calling It a ‘Weapon’
▼ + stars: | 2024-05-08 | by ( Tiffany May | ) www.nytimes.com time to read: +1 min

A Hong Kong court on Wednesday granted a government request to ban a popular pro-democracy anthem, raising further concerns about free speech in the city. The decision, which overturned an initial ruling, could give the government power to force Google and other tech companies to restrict online access to the song in Hong Kong. At issue in the case is “Glory to Hong Kong,” which emerged in 2019 as an unofficial anthem for democracy protests and a flashpoint for the authorities, who considered it an insult to China’s national anthem. The song has been banned from Hong Kong schools and has drawn angry official rebukes when played, apparently by mistake, at international sports events. People convicted of posting seditious content online have gone to prison.

Organizations: Google Locations: Hong Kong, Beijing, British

☆ TikTok sued the U.S. government to block a ban. Here’s what happens now
▼ + stars: | 2024-05-08 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +6 min

Former President Donald Trump attempted to ban the platform through an executive order in 2020, laying out the path to a potential ban. Prior to the passage of the law, TikTok spent more than $2 billion on an initiative called "Project Texas" to better protect U.S. user data from foreign influence. It's also different from past attempts to ban TikTok since the bill has bipartisan support, which can influence the courts, Hans said. Regardless of what happens in the circuit court, Hans said there's a real possibility the case ends up getting elevated to the U.S. Supreme Court. WATCH: Here's what to know about TikTok lawsuit

Persons: Shou Zi Chew, Online Harms, Evelyn Hockstein, Joe Biden, TikTok, Donald Trump, Gus Hurwitz, Hurwitz, ByteDance, Gautam Hans, Hans, It's, Hans said, there's, Shou Chew, Steven Mnuchin, CNBC's David Faber, Mnuchin Organizations: Energy, Commerce, Safeguard, Online, Capitol, Reuters, U.S, U.S ., Appeals, Circuit, Center for Technology, Innovation, University of Pennsylvania Carey Law, CNBC, Cornell Law School, Supreme Locations: Washington, Texas, U.S, TikTok, China

☆ Huawei: US revokes some export licenses for selling semiconductors to Chinese company
▼ + stars: | 2024-05-08 | by ( ) edition.cnn.com time to read: +4 min

A fourth person said some of the companies were notified on Tuesday that their licenses were revoked effective immediately. The U.S. Commerce Department earlier in the day confirmed it had revoked some licenses but stopped short of naming the companies. “We have revoked certain licenses for exports to Huawei,” the Commerce Department said in a statement, declining to specify which ones it had withdrawn. The move could hurt Huawei, which still relies on Intel chips to power its laptops, and could hurt US suppliers that do business with the company. In a regulatory filing earlier this month, Qualcomm said it did not expect to receive more chip revenue from Huawei beyond this year.

Persons: Biden, Elise Stefanik, Trump, Critics, SMIC Organizations: Singapore Reuters, Intel, Qualcomm, Huawei Technologies, U.S . Commerce Department, Huawei, Republican, Commerce Department, “, Reuters, US Locations: Washington, Singapore, United States, Republican China, American, Communist, Qualcomm’s

☆ Biden says U.S. won’t supply weapons for Israel to attack Rafah, in warning to ally
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: +10 min

Biden has said that Israel needs to do far more to protect the lives of civilians in Gaza. "We're going to continue to do what's necessary to ensure that Israel has the means to defend itself," Austin said. "But that said, we are currently reviewing some near-term security assistance shipments in the context of unfolding events in Rafah." A decision against Israel would further add to pressure on Biden to curb the flow of weapons and money to Israel's military. "Over the years, the United States has provided tens of billions of dollars in military aid to Israel.

Persons: Joe Biden, Kevin Lamarque, Biden, Israel, we're, Benjamin Netanyahu's, Ali Jadallah, Lloyd Austin, Austin, Menahem Kahana, Gilad Erdan, Mike Johnson, Mitch McConnell, Sen, Lindsey Graham, Bernie Sanders of, Sanders, Netanyahu, Hatem Khaled, Itamar Yaar Organizations: Gateway Technical College, Reuters, Hamas, CNN, Israel, Anadolu, Getty Images, Biden, White House National Security, Palestinian Hamas, Afp, Getty, United Nations, Congress, Republican, Republicans, Austin, Reuters Privately, The State Department, Israel's National Security Council, Islamic State Locations: Sturtevant , Wisconsin, U.S, Israel, Rafah, Gaza, I'm, Palestinian, Bernie Sanders of Vermont, United States, Egypt

☆ China Is Way Ahead in Green Energy. Here’s Why That’s Risky for the U.S.
▼ + stars: | 2024-05-08 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

The world’s two most powerful countries, the United States and China, are meeting this week in Washington to talk about climate change. In an ideal world, where the clean energy transition was the top priority, they would be on friendlier terms. Maybe affordable Chinese-made electric vehicles would be widely sold in America, instead of being viewed as an economic threat. Instead, in the not-ideal real world, the United States is balancing two competing goals. Its concern is that Chinese dominance of the global market for these essential technologies would harm the U.S. economy and national security.

Persons: Biden, John Podesta, Liu Zhenmin Locations: United States, China, Washington, America, Nevada, Beijing

☆ Saudi Arabia's $100 billion AI and semi-chip fund says it will divest from China if the US asks
▼ + stars: | 2024-05-08 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Saudi AI firm Alat would divest from China if the US requests it, CEO Amit Midha told Bloomberg. Saudi Arabia has been pouring billions into AI and semiconductor initiatives in an attempt to become a major hub. AdvertisementA new state-backed Saudi Arabian fund centered on semiconductor and AI technology has guaranteed that it would divest from China if Washington requests it. Officials have long portrayed China's access to AI and semiconductor technology as a national security threat. US officials have already had to mandate AI firms to divest from China, such as G42.

Persons: Amit Midha, —, Midha, that's Organizations: Bloomberg, Service, Milken Institute Global Conference, Saudi Arabia's Public Investment Fund, Officials, Silicon, New York Times, United Arab Emirates, Microsoft Locations: Saudi, China, Saudi Arabia, Washington, Beijing, Alat

☆ Eric Schmidt shares 4 reasons why China is behind the US in AI
▼ + stars: | 2024-05-08 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Former Google CEO Eric Schmidt said the US is "way ahead of China" in AI development. Schmidt cited chip shortages and more English language material to train AI models. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer Google CEO Eric Schmidt thinks the US is "way ahead of China" when it comes to AI. Following his departure, Schmidt has invested in various AI companies, including Anthropic.

Persons: Eric Schmidt, Schmidt, — Organizations: Google, Service, Bloomberg, Department of Defense's Innovation, National Security, Artificial Intelligence, Business Locations: China

☆ U.S. revokes some export licenses to sell chips to Huawei in a bid to curb China's tech power
▼ + stars: | 2024-05-08 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

The IFA 2020 Special Edition will take place from September 3-5. (Photo by Sean Gallup/Getty Images)The U.S. has revoked certain licenses for chip exports to Chinese tech giant Huawei, the Commerce Department told CNBC on Tuesday, in its latest efforts to curb China's tech power. "As part of this process, as we have done in the past, we sometimes revoke export licenses," the spokesperson said, declining to comment on specific licenses. "But we can confirm that we have revoked certain licenses for exports to Huawei." In 2020, the U.S. tightened chip restrictions on Huawei, requiring foreign manufacturers using American chipmaking equipment to obtain a license before they can sell semiconductors to Huawei.

Persons: Sean Gallup Organizations: Huawei, IFA, Getty, U.S, Commerce Department, CNBC Locations: BERLIN, GERMANY, Berlin, Germany, U.S

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