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☆ Russia's navy sought a safer spot, but is still at the mercy of Ukraine's drones and missiles, experts say
▼ + stars: | 2024-06-29 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

The sea, which borders occupied southern Ukraine, is connected to the Black Sea via the Kerch Strait, and, crucially, Russia controls its coastline. AdvertisementUkraine's attacks have forced Russian warships to withdraw from Crimea and relocate to safer waters, where they have also come under attack. But this doesn't mean ships there will be safe from Ukraine's aerial drones and missiles, experts told BI. But he added that "Russia's warships in the Azov Sea are still at the mercy of Ukrainian missiles and aerial drones." AdvertisementMeanwhile, Russian "missiles can reach most of Ukraine from the Sea of Azov and ports along the Russian Black Sea coast," Clark said.

Persons: —, Dmitry Pletenchuk, Pletenchuk, Matthew Boyse, Basil Germond, Mark Temnycky, Scott Savitz, Bryan Clark, Clark, Steven Horrell, Igor Delanoë, Savitz Organizations: Service, Kyiv Independent, Business, Naval Forces of, Armed Forces of, Hudson Institute's Center, Lancaster University, Council's Eurasia Center, RAND, US Navy, Hudson Institute, Transatlantic Defense, Security, Center for Locations: Russian, Azov, Kyiv, Ukraine, Kerch, Russia, Crimea, Armed Forces of Ukraine, Europe, Eurasia, Ukrainian, Western

☆ Famine Drove Jamestown Settlers to Eat Native Dogs, DNA Reveals
▼ + stars: | 2024-06-29 | by ( Carl Zimmer | ) www.nytimes.com time to read: +1 min

This article is part of our Pets special section on scientists’ growing interest in our animal companions. For 30 years, archaeologists have been digging at Jamestown, the first permanent British settlement in America. Now, some of the most intriguing clues are coming from bones — not of the people who lived in Jamestown, but of the dogs. The earliest written records of European colonists make only fleeting references to dogs. Some European dogs helped hunt down deer and birds, while others were sent into battle: When Powhatan forces attacked Jamestown, English soldiers retaliated by setting dogs loose on Powhatan villages.

Persons: James, Powhatan Locations: Jamestown, America, Virginia, British

☆ Heat waves in Europe are getting more dangerous. Here’s what that means for travelers
▼ + stars: | 2024-06-29 | by ( Billy Stockwell | ) edition.cnn.com time to read: +10 min

CNN —Growing up in Texas, Mary Beth Walsh thought she was accustomed to high temperatures. Her hometown of Dallas, which is currently being blasted by unrelenting heat, frequently experiences heat waves. “I always joke around that I have such a high heat tolerance; I bring my sweatshirt with me to class in August (in the US),” she said. Hiking in high temperatures has been a common thread linking recent deaths in the country. Amer Ghazzal/ShutterstockExtreme heat is one consequence of climate change impacting tourist hot spots across Europe.

Persons: Mary Beth Walsh, “, ”, Michael Mosley, we’ve, ” Roo Clark, Stefanos Sidiropoulos, Sidiropoulos, acclimatize, Guglielmo Mangiapane, ” Eduardo Santander, ‘, Amer Ghazzal, Clark, ” Clark, Andrea Ammon, ECDC, Hilary Swift, ” Rebecca Carter, Carter Organizations: CNN, Dallas, “, ” Authorities, Tourism Council, Reuters, European Travel Commission, ETC, Santander, European Centre for Disease Prevention, Authorities, Bloomberg, Getty, World Resources Institute Locations: Texas, Athens, Europe, Greece, British, Suffolk, England, Skyros, Canada, Hellas, Italy, Rome, Perugia, Palermo, Rhodes, Czech Republic, Bulgaria, Denmark, Portugal, Spain, Spain’s Seville

☆ Serbia: Police officer shot with arrow in suspected terror attack at Israeli embassy in Serbia
▼ + stars: | 2024-06-29 | by ( Mostafa Salem | Eve Brennan | ) edition.cnn.com time to read: +1 min

CNN —A police officer at the Israeli Embassy in the Serbian capital Belgrade was shot in the neck with a crossbow in a suspected terror attack on Saturday, CNN affiliate N1 reported. The police officer shot the attacker who later died, according to N1. The officer has been taken to hospital and will need an operation to remove an arrow from his neck. Serbia’s Interior Minister Ivica Dacic called the incident a “terrorist attack,” saying several people believed to have been linked to the incident had been arrested. A spokesperson for the Israeli Ministry of Foreign Affairs also called the incident an “attempted terrorist attack” in a statement.

Persons: Ivica Dacic, Dacic Organizations: CNN, Embassy, Belgrade, Israeli Ministry of Foreign Affairs, Hamas Locations: Serbian, Islam, Israel, Europe, Gaza

☆ Euro 2024 day 16 – Lightning stops play, Italy’s coach goes backwards, five cruel minutes
▼ + stars: | 2024-06-29 | by ( The Athletic Uk Staff | ) www.nytimes.com time to read: +9 min

Lightning stops playAfter several days of hot weather, the skies above Dortmund’s Signal Iduna Park had been gathering throughout the evening. Thunder and lightning could be heard from afar, with the rain arriving after 32 minutes of Germany’s last-16 game against Denmark. Soon after, lightning flashes could be seen from inside the stadium, with two to three ear-splitting cracks of thunder. The suspension lasted for around 24 minutes — with preparations to restart occurring as soon as the lighting had moved out of the area. Players reemerged from their changing rooms five minutes before the resumption, and waited momentarily for groundstaff to test the pitch.

Persons: Michael Oliver, Oliver, Alex Gottschalk, Bjorn Kuipers, Alex Livesey, Jonathan Richter, Jacob Whitehead Italy, Spalletti’s, Luciano Spalletti didn’t, Spalletti, “, That’s, I’ll, ”, Masashi Hara, Italy haven’t, Strikers Gianluca Scamacca, Mateo Retegui, Giacomo Raspadori, ” Spalletti, “ It’s, Gabriele Gravina, James Horncastle, Joachim Andersen, Manuel Neuer, Christian Eriksen’s, Andersen, Thomas Delaney, Robert Andrich, David Raum’s, Kai Havertz, Kasper Schmeichel, Musiala, What’s Organizations: England, Denmark, UEFA, Getty, FC Nordsjaelland, Major League Soccer, International Broadcasting Centre, Fiat, Croatia, Albania, Strikers, Spain, Italian Football, Georgia Locations: Slovakia, Denmark, Switzerland, Italy, Germany, Turkey, Ukraine, France, England, Sweden, Danish, Real Salt, LAFC, Utah, —, ignominy, Korea, Macedonia, Gelsenkirchen, Iserlohn, Gelsenkirchen . Debutants Georgia, Portugal, Spain

☆ China and Russia are in a bad marriage that the West shouldn't try to break up
▼ + stars: | 2024-06-29 | by ( Michael Peck | ) www.businessinsider.com time to read: +10 min

Already, Russia's military and China's People's Liberation Army have held around 25 joint exercises since 2005, involving ships, aircraft and ground troops. Equally important is that China has become a key enabler of Russia's war in Ukraine. Advertisement"Policymakers and planners should avoid overestimating the state of military cooperation and operational integration that exists between Russia and China," RAND warned. AdvertisementDespite boasting of their military ties, Russia and China don't have much faith in each other's military prowess. In their 2001 friendship treaty, China and Russia did agree to consult with each other should either nation be attacked.

Persons: Mladen Antonov, Russia's, Mark Cozad, Cozad, Hitler, Michael Peck Organizations: Service, Communist, Business, NATO, RAND Corp, Liberation Army, British, RAND, PLA, People's, Army, Russian, Grand Alliance, Western Allies, Central, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Soviet Union, China, Beijing, Moscow, U.S, Russian, Europe, Taiwan, Ukraine, Russia, Britain, South Korea, America, Vietnam, Korea, Syria, West, Central Asia, United States, Forbes

☆ Nelly Korda withdraws from tournament after being bitten by a dog
▼ + stars: | 2024-06-29 | by ( Issy Ronald | ) edition.cnn.com time to read: +1 min

CNN —American golfer Nelly Korda has withdrawn from an upcoming tournament after being bitten by a dog, she said on Friday, marking the latest setback in her run of bad luck. “I regret to announce that I must withdraw from next week’s Ladies European Tour tournament in London,” Korda said on her Instagram story. “On Saturday in Seattle, I was bitten by a dog and need time to receive treatment and recover fully.”The world No. 1 apologized to fans and organizers for missing the LET Aramco Team Series tournament at Centurion Club in Hemel Hempstead, England, scheduled from June 28-30. Nelly Korda enjoyed a record-equaling start to the year.

Persons: Nelly Korda, “, ” Korda, Lindsey Wasson, Korda, I’m, ” Organizations: CNN, European, Aramco, Centurion Club, KPMG Women’s, ESPN Locations: American, London, Seattle, Hemel Hempstead, England

Former President Donald Trump claimed that the United States has given more in aid to Ukraine than European countries put together. “The European nations together have spent $100 billion, or maybe more than that, less than us,” Trump said. From just before Russia’s invasion in early 2022 through April 2024, European countries contributed more aid to Ukraine than the US, according to data from the Kiel Institute for the World Economy in Germany. Additionally, Europe had committed more total military aid to Ukraine, at about $76 billion to about $69 billion for the US. And the Kiel Institute found that Ukraine itself was getting only about half of the money in a 2024 US bill that had widely been described as a $61 billion aid bill for Ukraine.

Persons: Donald Trump, ” Trump Organizations: Kiel Institute, European Union, US, Trump, Defense Department Locations: United States, Ukraine, Germany, Kiel, Europe, ”

☆ France's election has the ability to rock wider European stocks, Citi strategist says
▼ + stars: | 2024-06-28 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

France's parliamentary election has already rattled investors as the country's risk premium rises — but two possible scenarios have still not been priced in by markets and could impact stocks in the wider European region, according to Citi. "However, the market is not priced in for far-right or far-left majority," Manthey said. "The outcome is still quite unclear, we only have polling for the first round of the election. "Let's put the announcement of the election in the context of the positioning of the investors. If the French election outcome "is very market unfriendly ... markets in Europe are quite correlated.

Persons: Beata Manthey, CNBC's, Manthey, Emmanuel Macron's, Let's, we've Organizations: Citi, CAC Locations: Sunday's, Europe, U.S

☆ Brittany Was Once Barren Ground for France’s Far Right. No More.
▼ + stars: | 2024-06-28 | by ( Catherine Porter | Dmitry Kostyukov | ) www.nytimes.com time to read: 1 min

So many locals over so many decades have left Gourin in rural Brittany for the United States that Air France awarded the town a miniature Statue of Liberty. So proud were residents of that binational identity, they fund-raised four years ago to have the statue recast in bronze. It sits in a place of prominence, in Gourin’s main square, encircled by poles bearing international flags. And yet, in the recent elections for the European Parliament, almost one-third of local voters opted for the far-right National Rally, a French party built on intense anti-immigration sentiment. “This is an area that knows what it means to be immigrants,” said Pierre-Marie Quesseveur, a member of the local Brittany TransAmerica association, who expressed surprise at the election results.

Persons: ”, Pierre, Marie Quesseveur, Brittany TransAmerica Organizations: Air France Locations: Brittany, United States, Gourin’s

☆ SXSW decision to end US Army sponsorship spotlights political tightrope for festival organizers amid Israel-Hamas war
▼ + stars: | 2024-06-28 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +7 min

“After careful consideration, we are revising our sponsorship model,” read an official statement shared on the SXSW website. In 2023, The Ireland-Palestine Solidarity Campaign (IPSC) announced that their “Irish Artists Pledge to Boycott Israel” had passed 1,500 signatories, including Kneecap. SXSW isn’t the only music festival that has seen artists pull out over sponsorships since the Israel-Hamas war began. Obviously, we pulled out of SXSW because it was literally sponsored by the American army, but we’re not f–kin’ ridiculous either.”The SXSW festival began in 1987. Greg Abbott took to social media to comment on the SXSW protesters, prompting the festival to publicly disagree with the governor.

Persons: Jamie Dobson, “, Selena Gomez, Meghan, Duchess of Sussex, Mark Cuban, Israel, Kneecap, Rich Peppiatt, Liam Óg Ó, Ó Cairealláin, Jj Ó, Justin Bettman, Boycott Israel ”, Dan Lambert, Lambert, Robert MacPherson, Greg Abbott, Don’t, ” Abbott, don’t, ”, Governor Abbott Organizations: CNN, Southwest, Hamas, SXSW, US Army, U.S, Army Futures Command, US Army Futures Command, Army, Hollywood, Irish, Palestine Solidarity, Barclays Bank, Barclays, Live, Reuters, Texas Gov Locations: Israel, Austin, The Texas, Palestine, Ireland, The Ireland, Gaza, Texas

☆ Markets unfazed as Donald Trump has much better debate night than Joe Biden
▼ + stars: | 2024-06-28 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

London CNN —President Joe Biden had a shaky performance in last night’s presidential debate, triggering panic in the Democrat camp. Former President Donald Trump, meanwhile, repeated multiple falsehoods while doubling down on his record of cutting taxes and hiking tariffs during his first presidential term. If repeated in a second Trump term, many economists fear that kind of agenda could stoke inflation at a critical moment and add to America’s rapidly growing debt mountain. That could pull the typical year-end election relief rally forward, said Ed Clissold, chief US strategist at Ned Davis Research. The US dollar has also been reactive — it edged higher as initial CNN polling found that Trump was viewed as the winner of the debate.

Persons: Joe Biden, Donald Trump, shrugged, ”, Keith Lerner, Barack Obama, Trump, Lerner, Ed Clissold, Ned Davis, Antonio Ernesto Di Giacomo, “, Goldman Sachs ’ Scott Rubner, Jonas Goltermann, Emmanuel Macron, Katie Nixon, France’s, CDK, Ramishah Maruf, Eva Rothenberg, aren’t, they’ve, Scott Campbell, CNN they’ve, Jordan Valinsky, Tim Wentworth Organizations: London CNN, Democrat, Trump, “, Biden, Ned, Ned Davis Research, Investors, Capital Economics, CNN, Renaissance, Northern Trust Wealth Management, CAC, CDK, Auto, Capital City Buick GMC, Bloomberg, Walgreens Locations: France, “, North America, United States, Canada, Berlin , Vermont, Eastern Europe, America

☆ A third of sharks are threatened with extinction. Here’s what one man is doing to help
▼ + stars: | 2024-06-28 | by ( Amy Chillag | ) edition.cnn.com time to read: +7 min

The International Union for the Conservation of Nature reports 35% of all shark species are threatened with extinction. The primary reason is overfishing; shark meat and fins are highly sought. That research has helped expand the number of shark species now regulated by CITES. Cardeñosa said when he got started in the field, there were only five or six shark species regulated by the CITES agreement. How you can help sharksOne of the easiest ways to help sharks and all marine life is to try to consume seafood from sustainable sources.

Persons: Florida CNN — Diego Cardeñosa, ”, Cardeñosa, Demian Chapman, Isaac Lawrence, they’ve, Diego Cardeñosa, Diego Cardeñosa Cardeñosa, ” Cardeñosa, “ Organizations: Florida CNN, International Union for, Nature, Fisheries, ”, Florida International University, International Trade, Fauna, FIU, Getty, Criminal Investigation, Interpol, CITES, Aquarium Seafood, FIU Foundation Locations: Miami, Florida, Colombia, Europe, South America, Hong Kong, Latin America, AFP, Sri Lanka, Spain, Belize, Panama, Ecuador, Peru, Brazil, China, Eastern, Baja , California, Central, Monterey

☆ Israel-Hamas War in Gaza: Latest News and Updates
▼ + stars: | 2024-06-28 | by ( Aaron Boxerman | Adam Rasgon | ) www.nytimes.com time to read: +7 min

Image Israel’s finance minister, Bezalel Smotrich, center, has threatened not to renew the provision, which makes it easier for Israeli banks to work with Palestinian banks. But many called the West Bank’s current economic predicament the most difficult yet. Before the war, Mahmoud Abu Issa, 53, was earning over $2,000 a month — an enviable salary in the impoverished West Bank — as a construction worker in Israel. If Palestinian banks want to offer shekel accounts, they must maintain links with Israeli banks and rely on them to process shekel transactions. Since 2017, Israel’s Finance Ministry has issued the waiver indemnifying the Israeli banks, according to Lilach Weissman, a spokeswoman for the ministry.

Persons: Bezalel Smotrich, Smotrich, Israel, Biden, Mr, Smotrich —, —, Menahem Kahana, Mahmoud Abu Issa, “, Abu Issa, Mohammad Rabee, Shadi Abu Afifa, ”, Abu Afifa, Jake Sullivan, Lilach Weissman, Akram Jerab, Eytan Fuld, Azzam, Shawwa, Rawan Sheikh Ahmad Organizations: West Bank, Palestinian Authority, Palestinian, Agence France, Mr, Palestinian Authority’s Finance Ministry, Israel’s Finance, Quds Bank Locations: Gaza, Bank, U.S, Israel, Hebron, ”, Palestinian, Palestine

“Hard to watch” is how multiple foreign diplomats described Thursday night’s debate between Biden and Trump to CNN. I had difficulties understanding what he was saying, and I understand English pretty well,” said a second European diplomat. Biden’s debate flop was front-page news across Europe, with left- and right-leaning newspapers excoriating the president – even in France, where the country has its own elections coming up this weekend. “There are many options that are discussed, but we don’t see, any that are self-evident,” the first European diplomat said. Moscow’s state TV station, Russia 1, lampooned Biden’s debate performance.

Persons: Joe Biden’s, Donald Trump, Trump, Biden, ”, “ Trump, “, –, Vladimir Putin, Putin, ” Trump, Radek Sikorski, “ Marcus Aurelius, Commudos, didn’t, Kamala, Harris, Trump’s, Volodymyr, Zelensky, Biden pilloried, Joe’Matosed ”, “ Biden, Biden’s, Emmanuel Macron’s, Ansa, Russia’s, Olga Skabeeva laughingly Organizations: CNN, Biden, NATO, Democratic Party, ”, “, strongmen, Arab, Financial Times, Sun, Guardian, Monde, TV Locations: Europe, East, Asia, European, Arab, Asian, France, Russia, Ukraine, Russian, Afghanistan, Polish, California, Israel, British, Atlanta, Greece’s, Italy, Puglia

☆ European stocks set to open higher as investors await fresh inflation data
▼ + stars: | 2024-06-28 | by ( Karen Gilchrist | ) www.cnbc.com time to read: 1 min

LONDON — European stocks are poised to open higher Friday as investors look ahead to key inflation data from the euro zone and U.S. Regional stocks ended the previous session lower, as retail was dragged lower after a profit miss for H&M. Markets are watching out for fresh inflation data from France, Italy and Spain later in the session, while Germany releases unemployment figures and retail sales. Asia-Pacific markets climbed on Friday as investors assessed key economic data out of Japan. Meanwhile, U.S. stock futures were mixed ahead of the release of May's core personal consumption expenditures price index, the U.S. Federal Reserve's preferred inflation gauge, Friday morning.

Organizations: Regional, U.S, U.S . Federal Locations: U.S, France, Italy, Spain, Germany, Asia, Pacific, Japan, U.S .

☆ Populism is 'quite strong' in Europe, says Leila Abboud
▼ + stars: | 2024-06-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPopulism is 'quite strong' in Europe, says Leila AbboudLeila Abboud, Financial Times Paris bureau chief, joins CNBC's 'The Exchange' to discuss France's snap elections, the state of European politics, and more.

Persons: Leila Abboud Leila Abboud Organizations: Financial Times Locations: Europe

☆ There is one European country where Taylor Swift didn't change the economy so far
▼ + stars: | 2024-06-28 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTaylor Swift's Eras Tour has made it to five European countries so far. Portugal, Spain, and Sweden's hotel prices in May increased several times' their 2021-2023 average. The Eras tour has had a massive economic impact on other countries. In Chicago, Eras tour dates led to 96.8% hotel room occupancy, an all-time high for the city, per the BMI report.

Persons: —, Swift, QuestionPro, concertgoers, Taylor Swift's, Ben Julius Organizations: Service, BMI, Fitch Solutions, Business, Philadelphia Federal Reserve, MBI, Tourist Italy Locations: France, Portugal, Spain, Paris, Lyon, Netherlands, Ireland, Austria, Switzerland, Chicago, Italy, Milan

☆ France's far right looks headed for victory in the first round at the polls. Here's what that means
▼ + stars: | 2024-06-28 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

Nurphoto | Getty ImagesWith just days to go until France's snap parliamentary election kicks off, victory for the far right looks increasingly likely in the first phase of the two-stage runoff. But predicting the outcome of France's final vote on July 7 is less clear-cut, given the complexity of France's voting system. Voter turnout for the national election is also expected to be larger — and therefore more representative — than the 51% who cast their ballot in the EU vote. With that in mind, analysts see a 30% to 40% chance of the National Rally winning the 289 seats needed to secure an absolute majority in the 577-seat National Assembly. A majority government for either the far-right or the ultraleft alliance, meanwhile, could spark a far more dramatic outcome.

Persons: Jordan Bardella, Emmanuel Macron's, Schmieding, — Organizations: National, Palais des Sports, Nurphoto, Elabe, CNBC, Macron, National Rally, National Assembly, Berenberg Bank, Citi Locations: French, Le, Paris, France

☆ Here are the 10 most livable cities in the world — and Europe dominates the list
▼ + stars: | 2024-06-28 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +2 min

Vienna, Austria is the wrold's most "liveable" city, according to the Economist Intelligence Unit's 2024 Global Liveability Index. For the third year in a row, Vienna, the capital of Austria, is the world's most livable city, according to the Economist Intelligence Unit. "Declines in stability and infrastructure across a number of cities in advanced economies were offset by structural improvements in healthcare and education in several cities in developing markets." Here are the 10 most livable cities in the world, according to EIU. North America was the second best region, scoring an average of 90.5 out of 100, and ranking highest for education.

Persons: EIU Organizations: Economist Intelligence, Economist Intelligence Unit, Western Locations: Vienna, Austria, Copenhagen, Denmark, Zurich, Switzerland, EIU, Austria Copenhagen, Denmark Zurich, Switzerland Melbourne, Australia Calgary, Canada Geneva, Switzerland Sydney, Australia Vancouver, Canada Osaka, Japan Auckland, New Zealand, Asia, Pacific, Melbourne, Sydney, Osaka, Japan, Auckland , New Zealand, Vancouver, Toronto, Western Europe, North America, Canada

☆ EU leaders pick von der Leyen for second term as Commission chief
▼ + stars: | 2024-06-28 | by ( ) www.cnbc.com time to read: +2 min

European Union leaders agreed to nominate Ursula von der Leyen of Germany for a second five-year term as president of the European Commission, the EU's powerful executive body. Hungarian Prime Minister Viktor Orban, another right-winger, voted against von der Leyen and did not vote for Kallas, diplomats said. Von der Leyen's nomination still needs approval from the European Parliament in a secret ballot - widely seen as a trickier proposition than her endorsement by EU leaders. "It is a matter of convincing - if possible - a broad majority for a strong Europe," von der Leyen said. Von der Leyen hails from the centre-right, Costa from the centre-left and Kallas from Europe's liberal group.

Persons: Ursula von der Leyen, Antonio Costa, Kaja Kallas, Charles Michel, Giorgia Meloni, von der Leyen, Costa, Meloni, Viktor Orban, Von der, Von der Leyen, there's, Kallas Organizations: Union, European Commission, Estonian, European, Italian, Kallas, EU, Kyiv, U.S Locations: Germany, Brussels, Portuguese, Hungarian, Europe, Ukraine, Russia

☆ Microsoft and Eli Lilly are among the most overbought stocks as the first half ends
▼ + stars: | 2024-06-28 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Shares of Microsoft registered a 14-day RSI reading of 74. MSFT YTD mountain MSFT YTD Shares of Eli Lilly are also overbought, with a 14-day RSI of 83, putting the drug manufacturer at the top of the list. FedEx is also overbought, with a 14-day RSI of 77. Among the oversold names, Walgreens Boots Alliance and Waters Corporation top the list with a 14-day RSI reading of 20, followed by Pool Corp . with an RSI reading of 22.

Persons: Friday's, Wall, Eli Lilly, Eli Lilly's Organizations: Dow Jones, Nasdaq, Nvidia, Microsoft, CNBC Pro, Union, FedEx, Walgreens Boots Alliance, Waters Corporation, Pool Corp, Walgreens

☆ Fed and European Central Bank could cut interest rates in September, Morgan Stanley strategist says
▼ + stars: | 2024-06-28 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

U.S. Federal Reserve Chair Jerome Powell delivers remarks during a press conference following the announcement that the Federal Reserve left interest rates unchanged, in Washington, U.S., June 12, 2024. The U.S. Federal Reserve and European Central Bank could move to cut interest rates in September as key data provides further signs that inflation is cooling in the U.S. and the euro zone, a Morgan Stanley strategist said Friday. "We're more optimistic that both the Fed and ECB will cut rates in September," he told "Squawk Box Europe." And I think, for the Fed, inflation is continuing to fall," he added. A majority of economists polled by Reuters now anticipate the Fed will cut interest rates from its current range of 5.25% to 5.50% this September, with a further trim projected later in the year.

Persons: Jerome Powell, Morgan Stanley, Andrew Sheets, Sheets Organizations: Federal, Federal Reserve, U.S . Federal Reserve, European Central Bank, CNBC, Fed, ECB, Reuters Locations: Washington , U.S, U.S, Europe

☆ Hezbollah has the weapons to carry out its threat against Cyprus
▼ + stars: | 2024-06-28 | by ( Paul Iddon | ) www.businessinsider.com time to read: +9 min

The threat against Cyprus is also an indirect threat against NATO member Greece, which has close ties with Israel. "Although the Republic of Cyprus and Israel have enjoyed strategic cooperation for years, the current timing is crucial. "The Republic of Cyprus is able to expose the tactics of Hezbollah at the EU level and simultaneously seek support by the US." Jack Guez/Getty ImagesNevertheless, Hezbollah could harm Cyprus if it carries out its threat. Related stories"The Israeli capacity to shoot down Hezbollah's drones in 2022 could be a model for the Republic of Cyprus," Tzogopoulos said.

Persons: —, Hassan Nasrallah, George Tzogopoulos, Tzogopoulos, Nasrallah, Jack Guez, Mark III, Nicholas Heras, Heras Organizations: Service, NATO, Israel, Cypriot, Business, Hezbollah, European Union, UN, Sovereign Base, EU, Cypriot National Guard, New Lines Institute, Israeli Air Force, New Lines, Israeli Defense Forces Locations: Iran, Lebanon, Republic of Cyprus, Cyprus, Greece, Israel, Turkey, Turkish Republic of Northern Cyprus, United Kingdom, Akrotiri, EU, Gaza, Russian, Nicosia, Iranian Fateh, Yemen, Syria, NATO

☆ Opinion: Biden and Trump’s presidential debate performance rated by champion debate coach
▼ + stars: | 2024-06-28 | by ( Opinion Todd Graham | ) edition.cnn.com time to read: +8 min

In the first 2024 presidential debate in Atlanta on Thursday night, the performances of President Joe Biden and former President Donald Trump failed to live up to that expectation. Former President Donald Trump's presentation fared better than his substance, says champion debate coach, Graham Todd. In that regard, Trump failed. I don’t know more about Trump’s position and solution to the war in Gaza than I did before the debate. And Biden didn’t help himself out by overextending his answers to the point of confusion.

Persons: Todd Graham, he’s, I’m, Joe Biden, Donald Trump, Donald Trump's, Graham Todd, Will Lanzoni, Trump, “, didn’t, Biden “ Brandon, Biden, “ Let’s, ” Trump, Graham, Austin Steele, CNN BIDEN, I’ve, Todd Graham Both Trump, Biden rambled, Gish, Biden didn’t, overextending, trillionaires Organizations: Southern Illinois University, CNN, CNN TRUMP, Trump, Paris Climate, Putin Locations: Atlanta, Gaza, Afghanistan, America, Paris, Paris Climate Accords

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