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☆ Sending our kids to summer camp was more expensive than a family trip to Europe. We enjoyed it so much we ended up moving to Portugal.
▼ + stars: | 2024-06-17 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. My husband, Olly, and I calculated that we'd spend at least $12,000 sending them for 10 weeks. It wasn't as if they would be at camp all day — 9 a.m. to 3 p.m. instead. Our kids integrated into the Portuguese cultureThen, in 2022, Olly's boss moved with his family to Spain full-time. AdvertisementI don't want to return to New York CityI don't worry about healthcare bills any longer.

Persons: —, Patrice Poltzer, Olly, Poltzer, I'd, We'd, It's Organizations: Service, Business Locations: Brooklyn, Olly's, England, London, Europe, Croatia, Zagreb, France, Spain, Portugal, New York City, Patrice Poltzer Portugal, New York, Mexico City, Lisbon, I'd, Chicago

☆ Georgia made history by reaching Euro 2024. This coach might be its secret weapon
▼ + stars: | 2024-06-17 | by ( Ben Church | ) edition.cnn.com time to read: +8 min

Score and Georgia would qualify for Euro 2024; miss and it might be yet another story of heartbreak for this generation of fans to live through. Georgia's players celebrate after winning Euro 2024 play-off final against Greece. Helping Georgia qualify for Euro 2024 is the latest highlight in Webb’s unique coaching career, a journey which has taken some unlikely twists and turns over the years. Emotional Euro 2024 campaignIt was an opportunity Webb couldn’t turn down, a chance to work with an exciting generation who had their hearts set on qualification to Euro 2024. The players were ready.”Webb has used his innovative coaching methods to help Georgia qualify for Euro 2024.

Persons: Nika Kvekveskiri, David Webb, stuttered, ”, Webb, Boris Paichadze, Giorgi Arjevandidze, he’s, Englishman Webb, –, ” Webb, Lasha, “, Giorgi Arjevanidze, Willy Sagnol, Sagnol, I’d, Lasha Kuprashvili, Khvicha Kvaratskhelia, “ We’re, we’ve, We’re, ” Georgia’s Organizations: CNN, CNN Sport, Greece –, “ Staff, Boris Paichadze Dinamo Arena, Greece, Getty, Georgian, York City, France, Georgian men’s, ”, Luxembourg, Napoli, Georgia Locations: Georgia, Germany, AFP, France, Turkey, Portugal, Czech Republic

☆ Citi downgrades European stocks to neutral
▼ + stars: | 2024-06-17 | 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 EmailCiti downgrades European stocks to neutralBeata Manthey, head of European Equity Strategy at Citi Research, joins CNBC's 'The Exchange' to discuss increasing risk in Europe in the wake of EU's elections, how investors can position, and more.

Persons: Beata Manthey Organizations: Citi, Equity, Citi Research Locations: Europe

☆ Euro 2024 day three: Eriksen’s feel-good moment, Bellingham – and police incidents
▼ + stars: | 2024-06-16 | by ( Dan Sheldon | Carl Anka | ) www.nytimes.com time to read: +8 min

Another day at Euro 2024, another trio of goalscoring games — even if the entertainment factor dipped off at points. The Netherlands overcame Poland with a 2-1 win, Denmark were held to a 1-1 draw by Slovenia, while England beat Serbia 1-0. But the goals, a lack of shots in one game and the results don’t tell the whole story of the day. The feel-good moment of the daySunday marked 1,100 days since Christian Eriksen collapsed at Copenhagen’s Parken stadium during a Euro 2020 game against Finland after suffering a cardiac arrest. He’s not fazed by anything, but will be key to England if they want to have a chance of winning Euro 2024.

Persons: We’ve, Christian Eriksen, Eriksen, Morten Boesen, “, ”, Rasmus Hojlund, Jonas Wind, onrushing Eriksen, Erik Janza’s, Damien Meyer, I’ve, ” Carl Anka, Jude Bellingham, Dragan Stojkovic, Stojkovic, Kyle Walker, Kevin C, Cox, Walker, Filip Kostic, Bellingham, “ I’ve, It’s, He’s, Dan Sheldon Man, —, Jacob Whitehead, Dan Sheldon, de Jong, Wout Weghorst, Ronald Koeman’s, Michael Cox, Andy Jones Stat, – Jude Bellingham, What’s Organizations: Scotland, Spain, Croatia, Albania, England, Serbia, Finland, Manchester United, Denmark, Slovenia, Getty, Serbia’s, Bellingham, Real Madrid, Poland, Sunday, Local, European, Argentina Locations: Switzerland, Hungary, Italy, Netherlands, Poland, Denmark, Slovenia, Serbia, England, Copenhagen’s, Bellingham, . Bellingham, Hamburg’s, Romania, Ukraine, Belgium, Slovakia, Austria, France

☆ Opinion: European soccer’s latest racism row
▼ + stars: | 2024-06-16 | by ( Opinion Keith Magee | ) edition.cnn.com time to read: +9 min

CNN —On Sunday, England will face Serbia in its first game of the Euro 2024 championship, hosted by Germany. Since then, the FA, the European football association UEFA and FIFA , the sport’s international governing body, have visibly upped their anti-racism game. One might conclude, for instance, that Monday’s court decision in Spain meting out prison sentences to three Valencia fans for hurling racial insults, is evidence of European soccer’s new, tougher line against racism. Saka knows UEFA observers will be on duty at every Euro 2024 match and will be on the lookout for racist incidents. I see it as an attempt by professionals who should know better to make a Black player carry the can for a disappointing performance by the whole team.

Persons: Keith Magee, Keith Magee Arron, — Marcus Rashford, Jadon Sancho, Prince William, “, Vinícius Júnior, Julian Finney, —, Saka, Carl Recine, Ian Wright, ” Sir Lewis Hamilton, vilifying, Tony Burnett, ” Burnett Organizations: University College London Institute for Innovation, Newcastle University Law School, CNN, Germany, England’s Football Association, FA, European, UEFA, FIFA, Valencia, Wembley, Getty, Sunday’s, Serbia, England, Iceland, Versus, Conservative, Daily Sun, The Telegraph, Daily Star, BBC Locations: England, Serbia, Italy, Spain, Iceland, London, Germany, Europe

As well as withdrawing from the four occupied regions in eastern and southern Ukraine, Putin said Ukraine must demilitarize and that Western countries must lift their sanctions on Russia, which have damaged but not crippled its economy. Nearly 28 months later, Russia occupies around a fifth of Ukrainian territory, including the Crimean peninsula it annexed a decade ago. Moscow only controls these regions partially, but claimed the whole of each region was part of Russia’s territory in 2022. He asked that his terms for ending the war would need to be cemented in international agreements. “That is why we must not trust these messages, because Putin follows the same course,” Zelensky warned.

Persons: Vladimir Putin, Putin, ”, Volodymyr Zelensky, Louisa Gouliamaki, ” Putin’s, Zelensky, Adolf Hitler, ” Zelensky, “, Hitler, ‘, Mykhailo Podolyak, ” Podolyak Organizations: CNN, NATO, Reuters, Sky Tg24 Locations: Russia, Ukraine, Moscow, Switzerland, Donetsk, Luhansk, Kherson, Zaporizhzhia, Kyiv, Italy, Europe, Czechoslovakia, Sudetenland, Swiss

☆ Euro 2024: German and British police working together for ‘safe and trouble-free’ tournament amid hooliganism fears
▼ + stars: | 2024-06-14 | by ( Matias Grez | ) edition.cnn.com time to read: +9 min

The hostIt’s fair to say expectations for the German national team are not high within the host country. Expectations are low for the German national team. Didier Deschamps has been in charge of the national team since 2012 and last January extended his contract until 2026. After winning the World Cup and Nations League, Mbappé wants to add the Euros to his resume. That’s the only one that missed me with the national team after I did everything with the national team,” Mbappé told CNN recently.

Persons: ”, Lars Baron, Hansi Flick, Julian Nagelsmann, Nagelsmann, Christian, hasn’t, Henri Delaunay, Les, Didier Deschamps, Deschamps, Kylian Mbappé, Olivier Giroud, Antoine Griezmann, Bradley Barcola, Warren Zaïre, Emery, Eduardo Camavinga, France’s, Mbappé, Matthias Hangst, ” Mbappé, it’s, Harry Kane, Phil Foden, Saka, Declan Rice, Jude, Gareth Southgate, fthe, Southgate, Alex Grimm, ” Southgate, “, you’ve, Dominik Szoboszlai, ” Szoboszlai, “ It’s, Rafal Oleksiewicz, Oleksandr Zinchenko, Andriy Lunin, Mykhailo Mudryk, Artem Dovbyk Organizations: CNN, British, soccer’s, England, Serbian, Guardian, German Police, Policing Unit, UEFA, Serbian Football Federation, Serbian Ministry of Interior, Russia, Reuters, German, Bayern Munich, ARD, German national, Getty, Nations League, English Football Association, Liverpool, Defence, Iceland, Bosnia, Ukraine Locations: Gelsenkirchen, England, Serbia, European, Germany, North Rhine, Westphalia, “, France, Marseille, Russia, Scotland, Netherlands, Austria, Turkey, Switzerland, Hungary, Italy, Ukraine, Herzegovina, Iceland, Spain, Belgium, Slovakia, Romania

☆ I'm an American who's lived in Germany for 14 years. I'm mostly content, but life here hasn't been perfect.
▼ + stars: | 2024-06-14 | by ( Sabrina Cooper | ) www.businessinsider.com time to read: +4 min

In a 2023 InterNations survey of over 12,000 expats, Germany was voted one of the countries expats hate to live in the most. AdvertisementWhen asked where I'm from, saying I'm American" doesn't suffice. Sadly, I'm also still stuck in my native English head, which doesn't delineate between a formal and informal "you," either. We're three hours by train from Amsterdam, three and a half hours by train from Paris, and four hours by train from London. Despite all the mistakes, misunderstandings, and episodes of embarrassment, I can honestly say that I'm grateful for everything living in Germany has brought me.

Persons: —, I've, it's, JENS SCHLUETER, I'm, We've Organizations: Service, Business Locations: Germany, United States, Los Angeles and New York, Europe, Amsterdam, Paris, London

☆ Four Seasons Gresham Palace: Secrets of the grandest Budapest hotel of them all
▼ + stars: | 2024-06-13 | by ( Nathan Kay | ) edition.cnn.com time to read: +8 min

Budapest CNN —For most of the last century, the story of the Gresham Palace closely mirrored that of the city in which it was built. This summer, the building – one of the finest examples of Art Nouveau design in Budapest – is celebrating two decades in its most recent incarnation, as the Four Seasons Gresham Palace, a luxury hotel with panoramic views of the mighty Danube river. Four Seasons Gresham Palace“Gresham Palace and its coffee house were famous among artists and collectors,” says Laszlovszky. “The Gresham Palace has been born again in wonderful unity, serving as a crown jewel of outstanding beauty that complements our magnificent Chain Bridge.”‘Extraordinary history’The palace was once a hangout for Budapest's intellectuals. Four Seasons Gresham PalaceSince its reopening in 2004, the Four Seasons Hotel Gresham Palace has provided visitors with a well-appointed sanctuary, offering 179 rooms and suites with panoramic views of the Danube or the cityscape.

Persons: Gresham, “, József Laszlovszky, – it’s, Zsigmond, Countess Irma Széchenyi, Thomas Gresham, József Vágó, Miksa Róth, ”, Pál, Béni, József, István Szőnyi, Gabor Kruppa, Miklós Szenkirályi, ” Szenkirályi, ” Thibaut Drege, what’s, Chef Árpád Győrffy, that’s Organizations: Budapest CNN, Gresham, Budapest –, Central European University, CNN, “, Gresham Life Assurance Company, Nouveau, Venezia Café, Four, CNN Travel, Europeans, d’Or, Hollywood Locations: Budapest, Hungarian, Buda, Pest, Óbuda, “ Buda, Gresham, Vienna, Paris, d’Or Hungary

☆ Biden leads new drive to cement the West’s Ukraine war effort against Putin – and Trump
▼ + stars: | 2024-06-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Washington CNN —President Joe Biden is leading the world’s richest democracies in sending a beefed-up message to Russian President Vladimir Putin that the West will not forsake Ukraine despite political shocks casting doubts over its commitment. A flurry of new Western plans to help UkraineStill, the latest Western plans to help Ukraine send a strong message of intent. The sanctions target foreign financial firms aiding Putin’s war effort, restrict Russian access to some US software and information technology. Russian advances on the battlefieldThese are substantial and credible political, economic and political demonstrations of support for Ukraine. Not surprisingly, Zelensky has always chafed at the self-imposed limits of Western support for his war effort that are a symptom of Biden’s core aim of avoiding a direct NATO confrontation with Russia.

Persons: Joe Biden, Vladimir Putin, Biden, Volodymyr Zelensky, ” Biden, “, Donald Trump, Trump, lionizes Putin, wobbling, —, George H.W, George H.W . Bush, Janet Yellen, ” — Biden, Zelensky, ” Jake Sullivan, Wesley Clark, ” Clark, they’ve, ”, Kamala Harris, Sullivan, John Kirby, Putin Organizations: Washington CNN, Republican Party, Capitol, Republican, CNN, NATO, Big, Union, Ukraine, Trump, Biden, Air Force, Hudson Institute, Kremlin, Kyiv, West, White House National Security Council Locations: Russian, Ukraine, Italy, Normandy, Europe, United States, France, Germany, George H.W ., Russia, Britain, Japan, Canada, NATO, Washington, Kyiv, Cuba, China, Iran, Israel, Ukrainian, Switzerland

☆ Will Biden’s Help for Ukraine Come Fast Enough and Last Long Enough?
▼ + stars: | 2024-06-13 | by ( David E. Sanger | ) www.nytimes.com time to read: +1 min

So on Thursday, he rolled out a new set of alternative steps, each designed to demonstrate to President Vladimir V. Putin of Russia, and to the Ukrainians, that the United States and its allies have no intention of packing up and leaving, as they did in Afghanistan, even if Ukraine remains outside NATO for years. He signed a 10-year security pact — albeit one with vague commitments and an early exit option — with Ukraine’s president, Volodymyr Zelensky. Mr. Biden portrayed the agreement as a long-term guarantee of continued arms, intelligence support, advice and technology to win the current war and deter a new one. And he said the United States would take the lead in providing a loan of about $50 billion to Ukraine to rebuild its devastated ports and power plants, buy weapons and close its budget gap. The money is to be repaid from interest generated from $300 billion in assets that Mr. Putin, inexplicably, left in Western financial institutions before his February 2022 invasion.

Persons: Biden, Vladimir V, Putin, Volodymyr Zelensky, Mr Organizations: NATO Locations: Europe, Ukraine, NATO, Russia, United States, Afghanistan

☆ Luxury developer Michael Shvo has big plans. Bitter disputes and a soft real estate market threaten to thwart them.
▼ + stars: | 2024-06-13 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +15 min

Amid the whirlwind of activity, the 51-year old, Israel-born executive has presented himself as a real estate visionary with a personal preference for all-black attire and a taste for luxury brands. BVK recently hired the residential brokerage firm Corcoran Group to complete a market study of the Fifth Avenue project, a person who viewed the report said. Miller noted he did not have direct knowledge of the situation at 685 Fifth Avenue. At 685 Fifth Avenue, he recently marked down prices for some of the units. In contrast, the Shore Club, which is being built by the New York real estate developer Steve Witkoff just a few hundred yards away from the Raleigh has pre-sold briskly.

Persons: —, Michael Shvo, Shvo, Peter Marino, Norman Foster, Renzo Piano, BVK, Corcoran, Jonathan Miller, Miller Samuel, Miller, Pam Liebman, Corcoran's, Truist, Michael Lirtzman, Akuna, Lirtzman, I've, Scott Wadler, Wadler, Jed Jacobsohn, John Goodman, Diane, –, Goodman, profanely, Serdar, Shvo's, Bilgili, Deutsche Finance didn't, Alex Miranda, I'm, Steve Witkoff, Morgan Chase Organizations: Service, Bayerische, Deutsche Finance, Business, GFI, Group, Shvo, Wabash, Akuna, Colliers, Wabash –, Raleigh, Core, New York State, Noë, Associates, West, Bilgili, BVK, Shore Club, New Locations: New York, Manhattan's Plaza, Los Angeles, Miami Beach, Raleigh, Israel, Wilshire, LA, Manhattan, Chicago, Miami, Paris, South Florida, San Francisco, Manhattan's, Turkish, BVK, Wabash, Shvo, Munich

☆ Luxury developer Michael Shvo has big plans. Bitter disputes and a soft real estate market threatens to thwart them.
▼ + stars: | 2024-06-13 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +15 min

☆ At Stellantis investor day, cost cuts and China come into focus
▼ + stars: | 2024-06-12 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Massimo Pinca | ReutersDETROIT – Since spearheading a merger to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. "We are not in the race to transition to EVs, but in a race to cut cost on EVs," Tavares said in late May during a Bernstein investor conference. The cuts are part of Stellantis' strategic plan to increase profits and double revenue to 300 billion euros by 2030. Executives on Thursday will outline developments across Stellantis' regions and businesses, including its capital and operational disciplines, according to Stellantis CFO Natalie Knight. "The share price reaction to the [capital markets day] will likely be driven by how these short-term concerns are addressed.

Persons: Carlos Tavares, Massimo Pinca, Tavares, " Tavares, Stellantis, Ned Curic, EVs, I've, Natalie Knight, David Dee Delgado, Ram, China's, Patrick Hummel Organizations: Reuters DETROIT, Atlantic, PSA Groupe, Fiat Chrysler, Ram, CNBC, Amazon, New York, Auto, Reuters, Cox Automotive, UBS, GM, Ford Locations: Turin, Italy, U.S, Auburn Hills , Michigan, Manhattan , New York, China

☆ Computing firm Raspberry Pi to raise $211 million in rare London tech IPO
▼ + stars: | 2024-06-11 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Raspberry Pi, which makes tiny single-board computers priced its shares at 280 pence apiece. The Raspberry Pi offering comprises 45.9 million ordinary shares sold by the company's existing majority shareholder, Raspberry Pi Mid Co Limited, a wholly owned subsidiary of the Raspberry Pi Foundation. It also includes 2.13 million ordinary shares sold by other shareholders, along with 11.23 million freshly issued shares. If there is more demand, a so-called overallotement option will allow the Raspberry Pi Foundation to issue another 4.6 million shares. In 2023, Raspberry Pi posted revenues of $265.8 million, up 41% year-on-year from 2022.

Persons: Raspberry, Eben Upton, Raspberry Pi Organizations: London bourse, Sony, Sony Semiconductor Solutions, Sony Corporation, Pi, LSE, Retail, Co, Pi Foundation Locations: Europe, U.S, British

☆ Macron's snap election gamble in France resurfaces an old criticism — that he's arrogant
▼ + stars: | 2024-06-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Left-leaning newspaper Liberation described the snap election call as an "extreme gamble," while the center-right Le Figaro ran a brief headline Monday: "Le choc" ("shock"). That happened well before the humiliation of the European election results, in which Macron's Renaissance party got less than half as many votes as the far-right Rassemblement National ... In the meantime, other commentators and newspapers, such as Les Echos, have characterized Macron's move as a game of poker. Macron's supporters defend the president as a self-made and ambitious man who has a direct way of speaking to voters. "First, he has interpreted the vote for the European Parliament as a personal insult, as a rejection of his domestic policy direction.

Persons: Emmanuel Macron, Xi Jinping, Ursula von der Leyen, Gonzalo Fuentes, Emmanuel Macron's, Macron, drubbing, Jordan Bardella, Le Figaro, Alexis Brézet, Fenoglio, Macron's, it's, Robert Ladrech, Chirac Organizations: Reuters, Macron's Renaissance Party, National Assembly, Le Monde, CNBC, Keele University Locations: Paris, France, what's, EU

☆ Snap election will drive up volatility over the coming weeks, says Deutsche Bank's Uleer
▼ + stars: | 2024-06-11 | 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 EmailSnap election will drive up volatility over the coming weeks, says Deutsche Bank's UleerMaximilian Uleer, Deutsche Bank's head of European equity and cross-asset strategy, joins 'Money Movers' to discuss how to measure the impacts of recent events in Europe, whether the moves in the French market index are an overreaction, and what the European markets are afraid of.

Persons: Bank's, Bank's Uleer Maximilian Uleer Organizations: Bank's Uleer, Deutsche Locations: Europe

☆ Norway discovers Europe's largest deposit of rare earth metals
▼ + stars: | 2024-06-11 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Mining firm Rare Earths Norway says it has discovered Europe's largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few deposits not owned or controlled by China, the discovery of continental Europe's largest rare earths deposit is considered a welcome boost in Europe's bid to break China's rare earths dominance. Alf Reistad, CEO of Rare Earths Norway, told CNBC that the discovery at Fen represents a "great milestone" for the company. "It is important to state that there is absolutely no extraction of rare earth elements in Europe today," Reistad said via videoconference on Monday. Rare Earths Norway said the rare earths deposit in Telemark, roughly 210 kilometers (130 miles) southwest of Oslo, is likely to underscore Norway's position as an integral part of Europe's rare earth and critical raw material value chain.

Persons: Alf Reistad, Reistad Organizations: Tech Co, Mining, Nordic, Rare, Norway, CNBC Locations: Mongolia, Baotou, Inner Mongolia, China, Norway, Sweden, Europe, videoconference, Telemark, Oslo

☆ Here’s what we learned from the European elections as a far-right surge upends national politics
▼ + stars: | 2024-06-10 | by ( Rob Picheta | ) edition.cnn.com time to read: +7 min

Far-right parties across the continent had strong showings, but their momentum did not cause the center ground of European politics to cave in – as many had predicted. Those gains did materialize; far-right groups were expected to secure a record number of seats in the European Parliament, dealing a major blow to the continent’s establishment leaders. Most of the far-right gains were concentrated in countries that elect large numbers of seats: France, Italy and Germany. Several other far-right parties are among the non-aligned (NI) group, predicted to secure 45 seats. The center holdsDespite a far-right surge, the centrist European People’s Party (EPP) was the biggest single winner on Sunday night.

Persons: –, Maximilian Krah, Ursula von der Leyen, ”, Von der Leyen, ” Von der Leyen, Emmanuel Macron, Marine Le, ” Macron, Marion Maréchal, Jordan Bardella, Alexander De Croo, ” De Croo, Meloni, Tusk, Giorgia Meloni, Brothers, Benito Mussolini, von der Leyen, Donald Tusk’s, Viktor Orbán, Bas Organizations: CNN, Green, Nazi, European People’s Party, EPP, Progressive Alliance of Socialists, Commission, Ukraine, Marine, Assembly, French, Ministry, Italy’s, Italy, Law and Justice, PiS, European, Fidesz, Greens, Bas Eickhout, EFA, European Green Party, European Commission Locations: –, France, Europe, Italy, Germany, Brussels, France’s, “, Ukraine, Poland

☆ French snap election 'akin to the Brexit vote,' Allianz economist says
▼ + stars: | 2024-06-10 | 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 EmailFrench snap election 'akin to the Brexit vote,' Allianz economist saysLudovic Subran, chief economist at Allianz, says French President Emmanuel Macron has tied his future to the future of Europe after calling a snap election following steep losses for his party at the EU elections.

Persons: Ludovic Subran, Emmanuel Macron Organizations: Allianz Locations: Europe

☆ France to hold snap elections
▼ + stars: | 2024-06-10 | 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 EmailFrance to hold snap electionsMichelle Caruso-Cabrera joins 'Mad Money' host Jim Cramer to talk the latest out of European elections and what it means for the markets.

Persons: Michelle Caruso, Cabrera, Jim Cramer Organizations: France

☆ European Parliament Elections: Key Takeaways
▼ + stars: | 2024-06-10 | by ( Matina Stevis-Gridneff | ) www.nytimes.com time to read: 1 min

Voters in the 27 European Union member states sent a stern warning to mainstream political powers, wreaking havoc on French and, to a lesser degree, German politics and rewarding hard-line nationalist parties in a number of countries. Even so, the radical right-wing wave dreaded by the European political establishment did not fully materialize; the center of European Union politics held. Here are the most important trends emerging from the elections. Conservatives dominateThe mainstream center-right group, the European People’s Party, performed strongly and finished first, not only maintaining its dominance in the European Parliament but adding a few seats to boot. It was a sign that its strategy over the past two years, to integrate more right-leaning policies in order to stop voters from abandoning for further-right rivals, delivered.

Organizations: Union, European People’s Party

☆ They left NYC for Bali with their teenagers. 7 years later, their sons are fleeing the nest, and they're selling the villa for $1.89 million.
▼ + stars: | 2024-06-10 | by ( Amanda Goh | ) www.businessinsider.com time to read: +9 min

Amanda Goh/Business Insider"We told them, 'One suitcase each. Amanda Goh/Business InsiderThey knew they wanted to stay near Canggu which is known for its beaches and bustling food scene. Amanda Goh/Business InsiderA cozy, eclectic homeThe couple's six-bedroom home sits in a cul-de-sac, next to a rice field that's been repurposed into a plot to grow cucumbers. The couple has one tip for those who want to build a house in Bali: Don't cut corners. Amanda Goh/Business InsiderKaman added that it might not be wise for anyone without any prior experience to take on such an ambitious project.

Persons: —, Gabi Bondor, Zoltan Kaman, It's, we'd, Bondor, Amanda Goh, Bali didn't, Kaman, aren't, it's Organizations: Service, Green School, Business, Kaman Locations: New York City, Bali, Ubud, New York, Indonesian, India, Vietnam, China, Indonesia, Asia, Canggu, Paris

Members of European Parliament attend a plenary session in Brussels on April 10. John Thys/AFP/Getty ImagesThe European Parliament is the legislative branch of the European Union and one of the bloc’s three main institutions, along with the European Commission, which is the executive branch, and the European Council, which is made up of ministers from the governments of the 27 member states. In order for any legislation to be implemented, both the council and parliament have to agree. It often has the final word on major policy issues such as the budget, trade and sanctions on foreign nationals. For example, A comprehensive mutual investment agreement between the EU and China is effectively on hold while some MEPs are under sanctions from China.

Persons: John Thys, Germany’s Ursula von der Leyen Organizations: European, Getty, European Union, European Commission, European Council, EU Locations: Brussels, AFP, Belgium, Strasbourg, France, China

☆ Far Right Surges in European Parliament Elections, Early Data Shows
▼ + stars: | 2024-06-09 | by ( Matina Stevis-Gridneff | ) www.nytimes.com time to read: +1 min

Elections in 27 countries for the European Parliament ended on Sunday, with early projections giving far-right parties a strong showing, a result that, if confirmed, would amount to a powerful gauge of voter dissatisfaction and a stinging rebuke for the political mainstream. The balloting indicated that the prevailing winds had grown decidedly chill for Europe’s political establishment. The results are likely to make it harder for the European Parliament to form majorities to pass laws, and would render negotiations over divisive issues even tougher. More broadly, they underscored that the momentum of the far-right forces that have been expanding their challenge to centrists over the past decade had yet to crest. The results were especially crushing for President Emmanuel Macron of France, who on Saturday night hosted President Biden at a state dinner in Paris.

Persons: bode, Emmanuel Macron, Biden Organizations: of Locations: France, Germany, Paris

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