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☆ Russia is pounding Ukraine with glide bombs. 40 of the massive weapons were dropped on a single Ukrainian region in one night, a military expert said.
▼ + stars: | 2023-10-08 | by ( Rebecca Rommen | Julian Kossoff | Hans Petter Midttun | ) www.businessinsider.com time to read: +2 min

Russia is pounding Ukraine with powerful glide bombs. Forty of the bombs were dropped on military and civilian targets in one region on Monday. The powerful bombs can weigh weigh as much as 3,300 pounds, Forbes reported. AdvertisementAdvertisementRussia is pounding Ukraine with powerful glide bombs, hitting a single Ukrainian region with 40 of the weapons in one night this week, Hans Petter Midttun, a nonresident fellow at the Centre of Defence Strategies, wrote for the Euromaidan Press. "First employed in early March, the Russian-winged UPAB-1500 and FAB-500 glide bombs are being used in increasing numbers," the military expert wrote.

Persons: Forbes, —, Hans Petter Midttun, Oleksiy Organizations: Service, Centre of Defence, Euromaidan Press, Russian Air Force, Telegraph, The Times Locations: Russia, Ukraine, Ukrainian, Russian, Kyiv, London

Rob Bauer of the Netherlands, the chair of the NATO Military Committee and NATO’s most senior military official, said of the West’s ammunition stockpile Tuesday during a discussion at the Warsaw Security Forum. Radio Free Europe/Radio Liberty/Serhii Nuzhnenko/Reuters“We give away weapons systems to Ukraine, which is great, and ammunition, but not from full warehouses. “We have to keep Ukraine in the fight tonight and tomorrow and the day after and the day after,” Heappey said. That means, “continuing to give, day in day out, and rebuilding our own stockpiles,” he added. US military aid to Ukraine has amounted to a staggering $46.6 billion from the war’s start through July 31, according to the Council on Foreign Relations.

Persons: Kevin McCarthy, Adm, Rob Bauer, Serhii Nuzhnenko, Bauer, James Heappey, ” Heappey, “, Thomas Warrick, Oleksandr Ratushniak, Warrick, ”, Michael McCord, ” McCord, Lloyd Austin Organizations: CNN, NATO, NATO Military Committee, Warsaw Security, Radio Free, Radio Liberty, Reuters, Europe ”, Atlantic, nonresident, Foreign Relations, Pentagon, ” Locations: Ukraine, Russia, Moscow, Netherlands, Ukrainian, Donetsk, Radio Free Europe, Europe, United Kingdom, United States, Washington

☆ Biden ESG rule survives challenge in court. 'Tonal shift’ may be biggest victory, lawyer says
▼ + stars: | 2023-09-27 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

The Biden administration rule — which took effect Jan. 30 — was one facet of a White House effort to address climate change. Biden's ESG rule replaced a regulation issued by the Trump administration. That's because ERISA, a federal retirement law, disallows employers from picking investments for ideological reasons. The Biden administration was concerned that the spin around the Trump rule might have chilled plans' willingness to consider ESG factors. "The Biden administration was concerned that the spin around the Trump rule might have chilled plans' willingness to consider ESG factors in evaluating plan investments," Iwry said.

Persons: Joe Biden, Marty Walsh, Anna Moneymaker, —, Biden, Biden's, Trump, PSCA, Andrew Oringer, Oringer, DOL, gunning, Mark Iwry, Obama, Matthew Kacsmaryk, Mark Iwry nonresident, Iwry, Mischa Keijser Organizations: Labor, White, Getty, of America, U.S . Department of Labor, Northern District of Texas, Wagner Law, Department of Labor, Biden, Trump, Brookings Institution, U.S . Department of, Treasury, Brookings, Labor Department Locations: Rose, Northern District, Texas

“Russia’s thinly veiled threats to use nuclear weapons remind the world that escalation of the conflict – by accident, intention, or miscalculation – is a terrible risk. New Construction at Russia's Novaya Zemlya nuclear test site, June 22, 2023. Lop Nur nuclear test site. “The Chinese test site is different than the Russian test site,” Lewis said. Both countries keep their strategic nuclear arsenals on “hair-trigger” alert, meaning that nuclear weapons can be launched on short notice.

Persons: Jeffrey Lewis, James Martin, ”, Cedric Leighton, “, Vladimir Putin, ” Lewis, Lewis ’, António Guterres, ” Guterres, Dmitry Medvedev, Putin, Alexander Lukashenko, Sergei Shoigu, Lewis, we’ve, Leighton, they’d, ” Leighton, Nur, Hans Kristensen, Kristensen, Israel –, Dyess, Frederic J . Brown, Fiona Cunningham, Yang Kun, ” Daryl Kimball, Kimball, Michael Frankel, James Scouras, George Ullrich, Soviet Union –, Russia –, We’re Organizations: CNN, James, James Martin Center, Nonproliferation Studies, Middlebury Institute of International Studies, US, US Air Force, Atomic Scientists, Soviet Union, United Nations, Russia’s Security, Russian Defense Ministry, Planet Labs PBC, Middlebury, Science and Global Security, Novaya, Middlebury Institute, China Observer, China’s Foreign Ministry, Planet Labs, Nevada National Security, National Security Administration, US Department of Energy, Office, National Security Council, International Monitoring, Federation of American Scientists, Stockholm International Peace Research Institute, Missile Defense, Center for Strategic, International Studies, Columbia, Northrop Grumman's Air Force, Getty, Control Association, ACA, NGO, PLA, Nuclear, Carnegie Endowment, International, Arms Control Association, Johns Hopkins Applied Physics Laboratory, Soviet Locations: Russia, United States, China, Xinjiang, Nevada, . China, Moscow, Washington, Ukraine, Soviet, Belarus, Minsk, Novaya Zemlya, Zemlya, Soviet Union, Lop Nur, Japan, Lop, Beijing, Stockholm, United Kingdom, France, India, Pakistan, North Korea, Israel, Ellsworth, Palmdale , California, AFP, Yuli County, Mongol Autonomous Prefecture, Xinjiang Uygur Autonomous Region, Baltimore, Russian, Hiroshima

☆ Male loneliness epidemic: How fathers face a friendship deficit
▼ + stars: | 2023-09-18 | by ( Shannon Carpenter | ) edition.cnn.com time to read: +8 min

When it comes to male loneliness, social isolation hits dads particularly hard, author Shannon Carpenter writes. I’ve also experienced what has been called the male loneliness epidemic, and many dads tell me it has reached into fatherhood. The biggest question I get asked by fathers is how to find connection and friendship. How we think about fathers and fatherhoodToo often, fathers are portrayed as unnecessary idiots that complicate parenting rather than adding to the family. “We have to change the story of fatherhood,” Reeves said.

Persons: Shannon Carpenter, won’t, I’ve, “, Richard Reeves, that’s, ”, Reeves, ” Reeves, It’s, Men’s, Dad ” Organizations: CNN, Survey Center, Brookings Institution, National, Home Dad Network Locations: United States, Washington ,

SACRAMENTO, Calif. (AP) — California may soon lift a ban on state-funded travel to states with anti-LGBTQ+ laws and instead focus on an advertising campaign to bring anti-discrimination messages to red states. California started banning official travel to states with laws it deemed discriminatory against LGBTQ+ people in 2017, starting with Kansas, Mississippi, North Carolina and Tennessee. Since then, the list has grown to include a total of 26 states, most of them Republican-led, following a surge of anti-LGBTQ+ legislation these past few years. California lawmakers in the state Assembly on Monday passed legislation to end the travel ban. Atkins, who is a lesbian, said the travel ban has helped raise awareness about many anti-LGBTQ+ issues, but it has also led to unintended consequences.

Persons: Toni Atkins, Atkins, ”, Rick Zbur, Gavin Newsom’s, Newsom, Eric Montoya Reyes, Sophie Austin, Austin, Austin @sophieadanna Organizations: Republican, Democratic, “, Senate, Gov, Comunidad, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, Kansas , Mississippi, North Carolina, Tennessee, Arizona, Utah, Mexico, Southern California

☆ Sen. Tuberville slammed poetry by US sailors that is a time-honored tradition
▼ + stars: | 2023-09-07 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Sen. Tuberville called out "wokeness" in the Navy, saying people are reading "poems on aircraft carriers." But the art form has been a long been a part of military service, especially for sailors. Tuberville faces widespread criticism for blocking hundreds of promotions over the Pentagon's abortion policy. Tuberville's comments on poetry and "wokeness" in the Navy come seemingly out of nowhere — especially considering the art form has a long history for sailors. Sailors assigned to the Los Angeles-class attack submarine USS Albuquerque SSN 706 stand watch as the boat departs Diego Garcia.

Persons: Sen, Tuberville, Tommy Tuberville, We've, Carlos Del Toro, Del Toro, Christine Wormuth, Frank Kendall, Mark Milley, Roe, Wade, John C, Steve Smith, Roosevelt, Champlain, Sailors, Diego Garcia, Jeremy Gross, Smith, it's, Marines I've, Nolan Peterson Organizations: Navy, Service, Alabama Republican, US Navy, Fox, Air Force, Washington Post, Joint Chiefs, Staff, Carrier Air Wing, Nimitz, Stennis, U.S . Navy, Getty, The Washington Post, USS, Marines, US Air Force, Council's Eurasia Locations: Wall, Silicon, Alabama, Yorktown, Los Angeles, Albuquerque, Iraq, Afghanistan

☆ Opinion: Remembering ‘Juice,’ the young fighter pilot who embodied the Holy Grail of aviation
▼ + stars: | 2023-09-01 | by ( Opinion Nolan Peterson | ) edition.cnn.com time to read: +11 min

The young Ukrainian pilot known by the call sign "Juice" campaigned for F-16 fighter jets for his country in its battle against Russia. The joking, the nonchalance, the sterile vocabulary — it’s all part of a well-honed fighter pilot culture, which ingrains the mental resilience needed to survive. “Even with our losses, we are still doing our job in this real combat mood, real fighter pilot mood, with crazy jokes. Beyond their fears and sorrows, there is another emotion, unique to war, which Ukrainian fighter pilots must now also control each time they fly. For its part, the US military plans to start training Ukrainian pilots to fly the supersonic fighters this October.

Persons: Nolan Peterson, Read, CNN —, I’ve, Andriy Pilshchikov —, he’d, Juice, I’m, “ We’re, we’ve, “, …, ” Melaniya, wasn’t, —, Tom Wolfe, ’ Nolan Peterson, ” Jonathan “, ” Juice, it’s, ” Podolyak, ” Organizations: Atlantic Council, US Air Force, Fortem Technologies, CNN, Tactical Aviation Brigade, Russia, Garmin, California National Guard, Kyiv, Ukrainian, Twitter, Facebook, US Air National Guard Locations: Ukraine, Kyiv, Ukrainian, Afghanistan, Russian, Kyiv’s outskirts, ” Jonathan “ Jersey, Soviet, Netherlands, Denmark, Norway, California

For years, the European Union has funded the Libyan Coast Guard in an effort to stop migrants and refugees arriving on its shores. But those returned to Libya can face abuse and torture in detention camps run by the militias. The fighting began when members of the Special Deterrence Force, which oversees some prisons in Tripoli, arrested Col. Mahmoud Hamza , leader of the 444 Brigade. The deterrence force said that Colonel Hamza was wanted but did not publicly say why. The tensions in Tripoli could be seen by other militias as an opportunity to try to establish a foothold in the capital.

Persons: Col, Mahmoud Hamza, Hamza, ”, Emadeddin Badi, Abdul Hamid Dbeiba, ” — Mary Fitzgerald, Mohammed Abdusamee Organizations: European Union, Libyan Coast Guard, Brigade, Force, Atlantic Council, Mercy, Middle East Institute Locations: Libya, Tripoli, “ Tripoli, Washington

☆ Russia’s Moves to Shore Up Ruble Reflect War’s Toll on Economy
▼ + stars: | 2023-08-10 | by ( Anatoly Kurmanaev | ) www.nytimes.com time to read: +4 min

The Russian currency fell nearly 25 percent since the beginning of the year. “The ruble exchange rate is only an indicator,” said Alexandra Prokopenko, a nonresident scholar at the Carnegie Russia Eurasia Center and a former Russian central bank official. The ruble plummeted to as low as 135 per dollar and the central bank took a series of dramatic measures, including capital controls, to stave off a full-blown meltdown. The most immediate concern for Russian financial policymakers is the possibility of significant inflation. The country’s central bank reacted to that risk late last month with a higher-than-expected rise in interest rates, to 8.5 percent.

Persons: ”, Alexandra Prokopenko, Vladimir V, Putin, Yevgeny V Organizations: Bank of Russia, Carnegie Russia Eurasia Center Locations: Moscow, Russia, Russian, Ukraine, Soviet Union

☆ How Saudi Arabia and UAE learned to stop worrying and love Turkey's Bayraktar drones
▼ + stars: | 2023-08-06 | by ( Paul Iddon | ) www.businessinsider.com time to read: +8 min

Saudi Arabia and the UAE have signed multibillion-dollar deals for Turkish drones in recent months. Azeri Ministry of DefenseSaudi Arabia previously showed interest in procuring Turkish drones and securing rights for local production. Bakir told Insider that Turkish drones have gained "global recognition" due to their "affordability, efficiency, and lethal capabilities" and documented successes over modern battlefields. "Moreover, Saudi Arabia could use such capabilities to balance Iran's drone technology in the long run," Ozeren said. Ozeren said the Saudi deal could help Baykar "monopolize" drone technology in Turkey but noted that crucial details about the agreement remain unknown.

Persons: Recep Tayyip Erdogan, Baykar, Abu Dhabi's, Loong, Loongs, Abu Dhabi, Abu, Ali Bakir, Erdogan, Mohammed bin Salman, Murat Kula, Bakir, Suleyman Ozeren, It's, Ozeren, Ali Atmaca, Sheikh Mohammed bin Zayed, Murat Centinmuhurdar, Bashar Assad, Paul Iddon Organizations: UAE, Service, United, United Arab Emirates, Turkey's Baykar Defense, Ministry of Defense, Anadolu Agency, Getty, Dassault Rafales, Ibn Khaldon, NATO, European Union, American University, Orion Policy Institute, Ataturk Airport, Security Initiative, Atlantic Council Locations: Saudi Arabia, Wall, Silicon, United Arab, Turkish, Riyadh, East, North Africa, South Caucasus, Ukraine, Armenian, Ministry of Defense Saudi Arabia, Republic of Turkey, Kuwait, UAE, Saudi, Istanbul, Yemen, Libya, Abu, Turkey, China, France, Qatar, Jeddah, Anadolu, Nahyan, Abu Dhabi

Wesleyan University, a liberal arts college in Connecticut, announced two weeks ago that it was ending legacy admissions. Many elite schools say legacy admissions are important for maintaining relationships with alumni, which can help universities raise money that is then available for financial aid to needy students. In a June 2018 legal filing in the case that led to the Supreme Court’s affirmative action decision, Harvard argued that “there would be substantial costs” to ending legacy admissions. Legacy students may donate more. In the American Sociological Review study, legacy students were about half as likely to apply for financial aid as admitted students who weren’t related to alumni.

Persons: Johns Hopkins, ”, Mickey Munley, “ It’s, “, Richard D Organizations: Wesleyan University, Carnegie Mellon, Harvard, American Sociological Review, Council, Advancement, Wesleyan, American Sociological, Georgetown University Locations: Connecticut, Amherst, Iowa, ”

☆ Fox News paid a record-breaking sum to settle Dominion's defamation lawsuit. Smartmatic could get even more money.
▼ + stars: | 2023-07-17 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

The settlement Fox News may pay to Smartmatic could be around $1 billion, experts say. Disney's $177 million settlement for the infamous "pink slime" lawsuit in 2017 dropped to second place. Experts told Insider that the $787.5 million settlement is a strong benchmark for Smartmatic — and that Smartmatic will likely get more. Either way you slice it, using those baseline numbers brings you above the $787.5 million figure Fox paid to settle Dominion's lawsuit. "It's hard to extrapolate from the Dominion case in part because it never got litigated," Hans said.

Persons: Smartmatic, Erik Connolly, Connolly, Donald Trump, Sidney Powell, Rudy Giuliani, Joe Biden, Powell, Giuliani, Fox, Clay Calvert, James Goodale, Smartmatic's, Rupert Murdoch, Victoria Jones, Calvert, Erik McGregor, Hans, Goodale, Plimpton, De, Murdoch Organizations: Fox News, Dominion, Dominion Voting, Trump, Fox, American Enterprise Institute, New York Times, Fox Corp, Getty, Cornell Law, Debevoise Locations: cahoots, Delaware, New York, Washington ,, Africa, Europe, Smartmatic, Fox News's, York

☆ Turkey eyes recalibration with the West as Russia’s isolation grows
▼ + stars: | 2023-07-12 | by ( Zeena Saifi | ) edition.cnn.com time to read: +6 min

His delicate balancing act has given Turkey a unique position of being the only NATO nation whose ear Russia has. “By backing Sweden’s NATO bid…Ankara is signaling a recalibration in ties with the West, which have been strained for a while now,” said Memet Celik, editorial coordinator for the pro-government Daily Sabah newspaper. “In a larger sense, Russia’s unjustified war against Ukraine reminded the West of the importance of geography, hard military power, and alliance commitments – and thus the value of Turkey,” he said. Turkey, however, is likely to continue to be relevant to both Russia and the West. “Due to proximity, power, and relations with both Kyiv and Moscow, Turkey will be a key player in conflict resolution and whatever peace deal ultimately emerges,” said Outzen.

Persons: CNN —, Recep Tayyip Erdogan, Erdogan, ”, Memet Celik, Joe Biden, Washington, Biden, Tuesday’s, ” Erdogan, Rich Outzen, –, “, ” Viktor Bondarev, Volodymyr Zelensky, Russia’s ‘, Yevgeny Prigozhin, Wagner, Putin’s, Outzen, Russia’s “, Ukraine ”, Sinan Ulgen, Erdogan’s, Russia aren’t Organizations: CNN, Nordic, European Union, NATO, …, Daily, West, White House, Atlantic Council, Ukraine, “, Ankara, Russia’s Federation, Committee, Defense, Security, Putin, Kyiv Locations: NATO, Russia, Moscow, Ukraine, Turkey, Turkish, … Ankara, Daily Sabah, Vilnius, Lithuania, Ankara, “, “ Ankara, Istanbul, “ Turkey, Celik

☆ How Tucker Carlson could be Smartmatic's star witness in its $2.7 billion defamation lawsuit against Fox News
▼ + stars: | 2023-06-30 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Ever since he was fired from Fox News, Tucker Carlson has been trying to escape from the network's grip. Carlson has a potential ace up his sleeve: becoming a friendly witness for Smartmatic in its pending $2.7 billion lawsuit against Fox News. Fox fired Carlson just days after it agreed to pay $787.5 million to settle a defamation lawsuit from Dominion Voting Systems. The judge previously ordered Fox to give Smartmatic all the discovery evidence in the Dominion lawsuit, handing Smartmatic a powerful weapon already. Fox News has contended that its actions are protected by the First Amendment and called Smartmatic's lawsuit an assault on free speech.

Persons: Tucker Carlson, Carlson, —, Fox, Smartmatic, Rudy Giuliani, Sidney Powell, Donald Trump, Joe Biden, Smartmatic's, Giuliani, Powell, Clay Calvert, Tucker, Gautam Hans, Fox shouldn't, Hans, it'll, Jason Koerner, " Carlson, Calvert, nonresident, he's, He's Organizations: Fox News, Service, Twitter, Dominion Voting Systems, Dominion, New York Times, Fox, Cornell Law School, News Corp, American Enterprise Institute Locations: Smartmatic, cahoots, Washington ,, New York

☆ Tucker Carlson could play a starring role in Smartmatic's $2.7 billion defamation lawsuit – and Fox News should be terrified
▼ + stars: | 2023-06-30 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Carlson has a potential ace up his sleeve: becoming a friendly witness for Smartmatic in its pending $2.7 billion lawsuit against Fox News. Fox fired Carlson just days after it agreed to pay $787.5 million to settle a defamation lawsuit from Dominion Voting Systems. The judge previously ordered Fox to give Smartmatic all the discovery evidence in the Dominion lawsuit, handing Smartmatic a powerful weapon already. Fox News has contended that its actions are protected by the First Amendment and called Smartmatic's lawsuit an assault on free speech. "He's obligated to tell the truth regardless of whether he had been fired," Calvert said.

☆ Putin’s weaknesses laid bare after 24 hours of rebellion in Russia
▼ + stars: | 2023-06-26 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Face masks depicting Russian President Vladimir Putin, right, and owner of private military company Wagner Group Yevgeny Prigozhin are displayed among others for sale at a souvenir shop in St. Petersburg, Russia, Sunday, June 4, 2023. With a so-called "24-hour coup" by Russia's mercenary boss Yevgeny Prigozhin ending in an anti-climactic pullback, Russian President Vladimir Putin was able to avoid a dramatic and bloody standoff with his one-time ally. Russia experts and political analysts characterized the uprising as "24 hours that shook the Kremlin" and the biggest challenge to Putin and the Russian elite in decades. Tensions came to a head several weeks ago when the defense ministry announced that all private military companies, including Wagner, would have to sign contracts. Putin endorsed the move but Prigozhin refused to sign — only to then lead his fighters in the ill-fated revolt last Friday.

Persons: Vladimir Putin, Wagner Group Yevgeny Prigozhin, Yevgeny Prigozhin, Putin, Hanna Liubakova, Prigozhin, Chris Weafer, Weafer, Sergei Shoigu, Valery Gerasimov, Wagner Organizations: Wagner Group, Wagner, Council's Eurasia Center, Saturday, Russian, Prigozhin Locations: St . Petersburg, Russia, Belarus, Russian, Rostov, Moscow, Ukraine, Donetsk

But beneath those positive signals, the two-day visit to Beijing from US Secretary of State Antony Blinken highlighted another reality: a wide and dangerous gulf between the two powers. The timing of the visit, which followed two close encounters between Chinese and American armed forces in Asia in recent weeks, underscored the urgency of talking. In the same vein, the United States needs to respect China and must not hurt China’s legitimate rights and interests,” he said. We don’t want to look up to the United States, at the very least we should look at each other at eye level,” he said. Baby stepsIn the lead-up to and during Blinken’s visit, China made clear who it thinks is responsible for the problems in the relationship.

Persons: Antony Blinken, –, Xi Jinping, Blinken, Xi, ”, “, Bonnie Glaser, China …, Nancy Pelosi’s, Yang Tao, ” Yang, Li Shangfu, Shen Dingli, Wang Yi, Joe Biden, ” Blinken, Dexter, Roberts Organizations: Hong Kong CNN, Washington, China, China’s Communist Party, German Marshall Fund of, United, Pacific, Military, US, Chinese Defense, Minister of Defense, Beijing, Economic Cooperation, Atlantic Council Locations: Hong Kong, China, Beijing, Asia, ”, United States, Washington, Taiwan, American, South China, America, Shanghai, “ China, Bali, “

☆ Water wars: Afghanistan and Iran's deadly border flare-up spotlights scarcity crisis
▼ + stars: | 2023-06-19 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Kajaki Hydroelectric Dam in Kajaki, Afghanistan in the Helmand province on June 4, 2018 in Kajaki, Afghanistan. Iranian and Afghan border guards clashed on May 27, exchanging heavy gunfire that killed two Iranian guards and one Taliban soldier and wounded several others. A dangerous borderThe 580-mile border between Afghanistan and Iran is porous and crawling with crime, predominantly coming from the Afghan side into Iran. "Iran's Afghan border has always been its most vulnerable," said Kamal Alam, a nonresident senior fellow at the Atlantic Council's South Asia Center. In the 1950s, Afghanistan built two major dams that limited the flow of water from the Helmand river into Iran.

Persons: Maplecroft, Wakil Kohsar, Soltvedt, Kamal Alam, Alam, Ryan Bohl, Rane, Ebrahim Raisi, Yamil Lage Organizations: Orbital, Copernicus Sentinel, Getty Images, CNBC, Taliban, Afp, Getty, Asia Center, East Locations: Kajaki, Afghanistan, Helmand, Getty Images Iran, Iran, Tehran, destabilization, East, North Africa, Afghan, Zaranj, Iran's, Khuzestan, Nimruz, Helmand Province, Sistan, Baluchistan, Havana, Cuba

☆ Opinion | The Woman in Charge of Saving Turkey’s Economy
▼ + stars: | 2023-06-12 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

When all hope is lost, hire a woman to take over (and take blame). Studies of the so-called glass cliff have found that companies are more likely to bring women on as chief executives or directors when business is bad. Now there’s Hafize Gaye Erkan, a former Wall Street banker who has been named the new central bank governor of Turkey. It “has consistently supported Ukraine politically and militarily without alienating Russia economically,” Yevgeniya Gaber, a nonresident senior fellow at the Atlantic Council in Turkey, wrote recently. Turkey also has the world’s 19th-largest economy, with a gross domestic product of nearly $1 trillion a year, according to the World Bank.

Persons: Linda Yaccarino, Hafize Gaye Erkan, Brad Setser, ”, “, Yevgeniya Organizations: Wall Street, Council, Foreign Relations, Central Bank of, NATO, Atlantic Council, World Bank, International Monetary Fund Locations: Turkey, Republic of Turkey, Ukraine, Russia

☆ As China and the U.S. redefine geopolitics, Europe faces a win-win situation
▼ + stars: | 2023-05-26 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

A member of the Peoples Armed Police stands guard in front of the flag of the European Union at the European Delegation in Beijing, China. As the United States looks at disengaging from China, Europe could soon find itself in a sweet spot. "The U.S.' hawkish policy stance towards China means that China needs to improve relations with Europe to mitigate the impact of export controls. Therefore, China has an incentive to work hard on improving EU relations," Anna Rosenberg, head of geopolitics at the Amundi Institute, told CNBC via email. "Viewed from China, the EU is the most important high-income market that it still has largely unfettered access to.

☆ Zelenskyy appeared to confirm Ukraine is no longer in control of Bakhmut: 'For today, Bakhmut is only in our hearts.'
▼ + stars: | 2023-05-21 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

Russian forces have been waging a monthslong battle in Bakhmut, a city in eastern Ukraine. The fighting has reduced the city to rubble and claimed thousands of lives. President Volodymyr Zelenskyy appeared to confirm at the G7 summit that Ukraine is longer in control of Bakhmut. During a meeting with President Joe Biden on Sunday at the G7 summit in Hiroshima, Zelenskyy told reporters that he believes Ukraine has lost control of the city. ... For today, Bakhmut is only in our hearts."

☆ The Taliban promised to provide security to Afghans. New data shows threat from ISIS is growing
▼ + stars: | 2023-05-19 | by ( Eliza Mackintosh Ehsan Popalzai Antonio Jarne Lou Robinson | Eliza Mackintosh | Ehsan Popalzai | ) edition.cnn.com time to read: +19 min

“Currently we don’t have security in Afghanistan at all, whenever we go out we don’t know if we will come home alive or not,” he added. Taliban security forces guard a checkpoint near the foreign ministry in Kabul on March 27, after an ISIS-K suicide bomber struck the site. The data, which is available in a live map, includes 367 pieces of open-source evidence — largely videos and images shared on social media — about 70 ISIS-K attacks since August 2021. As the Taliban try to minimize the threat ISIS-K poses, attacks on civilians continue. Taliban security forces have been waging ongoing operations and night raids against ISIS-K.

☆ Russia's economic war against with the West is entering a dangerous new stage, scholar says
▼ + stars: | 2023-05-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Russia's economic war against with the West is entering a dangerous new stage, Alexandra Prokopenko wrote. "Russia's economic confrontation with the west following the Kremlin's invasion of Ukraine is entering a dangerous new stage," she warned. After Moscow suffered court defeats that kept Russian assets frozen in Europe, the Kremlin has since established a legal framework to temporarily nationalize foreign assets in Russia, Prokopenko added. "So far, neither Russia nor Europe has a comprehensive strategy on how to deal with the stranded assets," she said. The appetite of Putin's cronies to seize western assets in Russia will only add insult to injury."

☆ Kemal Dervis, Who Eased Turkey’s Economic Crisis, Dies at 74
▼ + stars: | 2023-05-11 | by ( Neil Genzlinger | ) www.nytimes.com time to read: +1 min

Kemal Dervis, an economist who was instrumental in leading his native Turkey out of economic crisis early in this century, and who later became the first person to lead the United Nations Development Program from a country that had received developmental aid from the program, died on Sunday in Bethesda, Md. The Brookings Institution, where Mr. Dervis had been the director and vice president of the global economy and development program and was a nonresident distinguished fellow, confirmed his death. Turkey’s state-run Anadolu news agency said he died of an unspecified illness. Mr. Dervis had been working in various posts for the World Bank for two decades when, in early 2001, prices in Turkey began skyrocketing and the currency, the lira, plunged in value. The meltdown was fast-moving, and Mr. Dervis, at the time a vice president of the World Bank, was seen as a savior.

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