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☆ First he was a teacher. Then he was China's top tech titan. Now, meet Jack Ma 3.0 — a high-tech farmer.
▼ + stars: | 2024-01-22 | by ( Huileng Tan | ) www.businessinsider.com time to read: +8 min

Read previewAlibaba cofounder Jack Ma was once the invincible poster boy of Chinese tech. Now, it appears Ma is debuting a refreshed version of himself, in what you just might call Jack Ma 3.0. Jack Ma 1.0: A struggling teacher who wanted in on the tech sceneIt's easy to understand why Ma is so popular in the US and China alike. His first business — China Pages — failed, but he gathered a band of 17 friends in 1999 to set up Alibaba. AdvertisementMa himself cavorted with the biggest names in business, tech, and government globally — from Bill Gates and Softbank CEO Masayoshi Son to then president-elect Donald Trump.

Persons: —, Jack Ma, Michael Jackson, Ma, Ma —, Xi Jinping's, he's, Ma Yun, He's, Brian Wong, Wong, Jack, it's, Alibaba.com, behemoth Goldman Sachs, Alibaba, Charlie Rose, cavorted, Bill Gates, Masayoshi Son, Donald Trump, Supakit Chearavanont, Ma hasn't, SCMP Organizations: Service, Business, Communist Party, Hangzhou Teachers Institute, KFC —, Economic, Big Tech, New York Stock Exchange, Financial Times, Tokyo College, Charoen, China Morning Locations: Beijing, China, Hangzhou, Davos, Switzerland, Alibaba, Asia, Spain, Netherlands, Japan, Thailand, Agriculture

☆ US, Britain Strike Underground Houthi Storage Site in Yemen
▼ + stars: | 2024-01-22 | by ( Jan. | At P.M. | ) www.usnews.com time to read: 1 min

WASHINGTON (Reuters) - The United States and Britain carried out an additional round of strikes on Monday against Yemen's Houthis over their targeting of Red Sea shipping, the Pentagon said, targeting an underground storage site, missiles and other Houthi military capabilities. The Pentagon detailed the eight new strikes in a joint statement with Britain, as well as from Australia, Bahrain, Canada and the Netherlands, which supported the latest military action, the statement said. "These precision strikes are intended to disrupt and degrade the capabilities that the Houthis use to threaten global trade and the lives of innocent mariners," the statement said. (Reporting by Phil Stewart and Idrees Ali; Editing by Chris Reese)

Persons: Yemen's Houthis, Phil Stewart, Idrees Ali, Chris Reese Organizations: WASHINGTON, Red, Pentagon Locations: United States, Britain, Australia, Bahrain, Canada, Netherlands

☆ Turkish Parliament to Debate Sweden's NATO Bid on Tuesday -Sources
▼ + stars: | 2024-01-22 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Huseyin HayatseverANKARA (Reuters) - The Turkish parliament's general assembly is set to debate Sweden's NATO membership bid on Tuesday, three sources from parliament said. But NATO member Turkey raised objections over what it said was the two countries' protection of groups that Ankara deems terrorists. Erdogan sent Sweden's bid to parliament in October, but has also linked its ratification with U.S. approval of sales of F-16 fighter jets to Turkey. After talks with Turkish Foreign Minister Hakan Fidan earlier this month, U.S. Secretary of State Antony Blinken said he expected Turkey to ratify Sweden's NATO membership bid "in coming weeks." The parliament's foreign affairs commission approved the bid last month in the first step of the ratification process.

Persons: Huseyin Hayatsever, Tayyip Erdogan, Erdogan, Sweden's, Hakan Fidan, Antony Blinken, Christina Fincher Organizations: Turkish, NATO, Finland's, Kurdistan Workers ' Party, European Union, White House, U.S, Congress, Erdogan's AK Party, CHP Locations: Huseyin Hayatsever ANKARA, Sweden, Finland, Ukraine, Turkey, Ankara, Hungary, United States, Stockholm, Canada, Netherlands

☆ Over 100 Flights Cancelled at Dublin Airport Due to Storm
▼ + stars: | 2024-01-21 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

DUBLIN (Reuters) - Airlines cancelled 102 flights in and out of Dublin airport on Sunday due to a storm that was forecast to rage for the rest of the day, the airport operator said. Storm Isha had also forced 24 aborted landings by 1700 GMT, while 27 flights opted to divert to other airports, Dublin Airport said in a post on social media platform X.Ireland's national meteorological service Met Eireann issued an orange weather warning early on Sunday for most of the country, including Dublin, meaning the winds could significantly impact people, property and activity in an area. Parts of the west and northwest were placed under a more severe red warning. Amsterdam's Schiphol Airport cancelled 130 flights scheduled for Monday as a preventive measure because of strong winds expected when Storm Isha reaches the Netherlands, the airport said on Sunday. (Reporting by Padraic Halpin, Editng by Angus MacSwan)

Persons: Storm Isha, Padraic Halpin, Angus MacSwan Organizations: DUBLIN, Reuters, Airlines, Dublin Airport, Met, Schiphol Locations: Dublin, Netherlands, Editng

☆ West Stands to Lose at Least $288 Billion in Assets if Russian Assets Seized -RIA
▼ + stars: | 2024-01-21 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

(Reuters) - Russia's state RIA news agency said on Sunday it had calculated that the West stood to lose assets and investments worth at least $288 billion if it confiscated frozen Russian assets to help rebuild Ukraine and Moscow then retaliated. After President Vladimir Putin sent forces into Ukraine in February 2022, the U.S. and its allies prohibited transactions with Russia's central bank and finance ministry, blocking around $300 billion of sovereign Russian assets in the West. It said EU nations held $223.3 billion of the assets, of which $98.3 billion was formally held by Cyprus, $50.1 billion by the Netherlands and $17.3 billion by Germany. It said the top five European investors in the Russian economy also included France with assets and investments worth $16.6 billion and Italy with $12.9 billion. It said the United States had $9.6 billion worth of Russian assets at the end of 2022, Japan $4.6 billion and Canada $2.9 billion.

Persons: Vladimir Putin, RIA, Andrew Osborn, Mark Heinrich Organizations: Reuters, Seven, Kremlin, European Union, RIA Locations: Ukraine, Moscow, U.S, West ., Belgium, Russia, Europe, Australia, Switzerland, Russian, Cyprus, Netherlands, Germany, France, Italy, Britain, United States, Japan, Canada, Norway

☆ Rare Earth Metals May Be Lurking in Your Junk Drawer
▼ + stars: | 2024-01-20 | by ( Hiroko Tabuchi | ) www.nytimes.com time to read: 1 min

A vast and largely overlooked source of rare earth metals, materials critical for clean energy, could be in our homes, sitting in the back of our cabinets and junk drawers. A new study from researchers in China and the Netherlands estimates that reusing or recycling rare earth metals from old cellphones, hard drives, electric motors and turbines could meet as much as 40 percent of the demand for the metals in the United States, China and Europe by 2050. It’s a promising prospect, particularly for the United States, which relies heavily on imports of these materials, often just called rare earths. That reliance, industry experts say, can make American supply chains vulnerable to disruption and geopolitical risks.

Persons: It’s Locations: China, Netherlands, United States, Europe

☆ The best islands in Europe for getting away from almost everyone
▼ + stars: | 2024-01-19 | by ( Terry Ward | ) edition.cnn.com time to read: +12 min

Here are some of the best islands in Europe for getting away from almost everyone:Schiermonnikoog, the NetherlandsThe Netherlands is better known for canals, dikes and tropical Dutch Caribbean Islands like Bonaire and Curaçao than the sandspun isles along the country’s North Sea coast. Flores Island, Azores, PortugalWaterfalls trickle down an imposing rock face on the island Flores in the Azores. aroxopt/Adobe StockOne of the most remote islands in an already remote archipelago, Flores Island in the westernmost stretches of the Azores is a nature lover’s dream. To say there’s room to stretch out and breathe on these Baltic Sea islands is an understatement. The best islands in Europe for getting away from almost everyoneHavsVidden offers a secluded escape on northern Fasta Åland with villas with their own saunas overlooking the rocky shoreline.

Persons: Annemarieke Romeijn, ”, Eyrún, Gabriela Silva, Flores, Rocha dos Bordões, Santa Cruz das Flores, Randi Skaug, “, Torunn Tronsvang, Richard Kellett, Luis Fonseca, iStockphoto, São João Baptista, Berlengas, Arlindo Serrao, Mola mola, Francesco Curione, Lent, Skyros, revelry, – it’s, Drake, Åland Organizations: CNN, Adobe, Heimaey, puffin, Norway Visitors, Intrepid, UNESCO, Visitors Locations: Europe, Ibiza, Netherlands, Caribbean, Bonaire, Curaçao, West Frisian, Wadden, Schier, Lauwersoog, Vestmannaeyjar, Iceland, Heimaey, Westman, Hotel Ranga, gannet, fulmar, Flores Island, Azores, Portugal, Flores, Santa Cruz, Naustholmen, Norway, Bodø, Northern Norway, Norwegian, Lofoten, ”, Tiree, Scotland, Hawaii, Scottish, Oban, Glasgow, Loganair, Berlengas, Peniche, São, Grande, Alicudi, Sicily, Italy, Taormina, Skyros, Greece, Mykonos, Rathlin, Northern Ireland, Ballycastle, Åland, Finland, Bothnia, Sweden

☆ Number of foreign visitors to China in 2023 down more than 60% from pre-pandemic levels
▼ + stars: | 2024-01-19 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

CNN —It has been a year since China reopened its borders, but despite loosening its stringent Covid-19 restrictions, foreign travelers have been slow to return to the country with numbers down more than 60% from pre-pandemic levels. China’s border authorities recorded 35.5 million entries and exits by foreign nationals in 2023, according to the National Immigration Administration. That’s nearly seven times more than the number from 2022, when the country was deep in its three-year self-imposed Covid isolation. More than half of the border crossings made by foreign travelers in 2023 were recorded in the last three months of the year, according to data from the National Immigration Administration. Chinese authorities issued a total of 711,000 residency permits of various types to foreign nationals living in the country in 2023, Zhang added.

Persons: That’s, Zhang Ning, Zhang, Premier Li Qiang Organizations: CNN, National Immigration Administration, Premier, Economic, Embassy Locations: China, Beijing, Switzerland, Ireland, Davos, France, Germany, Italy, Netherlands, Spain, Malaysia, Thailand, United States

Samantha Mewis, who played for the U.S. squad that won the 2019 Women's World Cup, has retired from soccer because of a knee injury that has sidelined her from the national team since the Tokyo Olympics. Though this isn't what I wanted, it's clear that this is the only path forward for me.”The midfielder scored 24 goals in 83 appearances over eight years with the national team. Mewis was the 2020 U.S. Soccer women's Player of the Year. She last played professionally for the Kansas City Current of the National Women's Soccer League. A Massachusetts native, Mewis was also on the UCLA team that won an NCAA title in 2013.

Persons: Samantha Mewis, Mewis, I’m, ”, ___ Organizations: U.S ., Blazers Media Network, Soccer, Kansas City, National Women's Soccer League, Manchester City, FA, Everton, Western New York Flash, North Carolina, UCLA Locations: Tokyo, Mewis, United States, Australia, France, Netherlands, Massachusetts

☆ BYD: Why Hungary and Mexico could be key to the Chinese carmaker’s global domination
▼ + stars: | 2024-01-19 | by ( Michelle Toh | ) edition.cnn.com time to read: +9 min

The cars come from BYD, the Chinese carmaker that is backed by Warren Buffett and has surpassed Tesla as the world’s biggest seller of electric vehicles (EVs). 1," a shipping carrier vessel intended to export BYD vehicles, at Yantai port in eastern China's Shandong province in January. BYD Mexico did not respond to a request for comment. “The US government is not going to like that Mexico is creating a back door.”A BYD electric vehicle, operated by Vemo taxi, in Mexico City in November. But as it continues to grow overseas, BYD will have to take a more localized approach, analysts say.

Persons: Warren Buffett, Tesla, BYD, Viktor Orbán’s, Yucatán, what’s, Elon Musk, Tu Le, carmaker, Hungary —, Matthias Schmidt, ”, “, Schmidt, Bill Russo, it’s, Le, Mariceu Ethrall, It’s, “ It’s, ‘ We’re, ’ ”, Stella Li, México, ” Li, Wang Chuanfu, BYD “, Russo, they’ve, ” Russo Organizations: Hong Kong CNN, Xinhua, Getty, CNN, Tesla, BMW, Audi, European Union, Schmidt Automotive Research, EV, European Commission, Bloomberg, BYD, El Locations: Hong Kong, China, Europe, BYD, Shenzhen, Germany, Netherlands, Hungary, Mexico, North America, China's Shandong, Szeged, Komárom, France, Shanghai, Hungarian, United States, Canada, Mexico City, Mexican, Dutch, Rotterdam, California, Brazil, Indonesia, Thailand, Uzbekistan, Macao, Taiwan, Japan, what’s

☆ Netherlands Summons Iran Ambassador Over Child Killed in Iraq Attack - Foreign Minister
▼ + stars: | 2024-01-19 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

AMSTERDAM (Reuters) - The Dutch government on Friday summoned the Iranian ambassador to the Netherlands following the death of a Dutch baby in an attack by Iran on Erbil, Iraq. The attack killed at least four people, including a prominent Kurdish businessman and his infant child. A Dutch child of less than one year old had died in attacks by Iran on Erbil, Dutch Foreign Minister Hanke Bruins Slot said in a statement. She added she had asked her Iranian counterpart, Hossein Amirabdollahian, for clarification and had summoned the Iranian ambassador. (Reporting by Bart Meijer and Charlotte Van Campenhout, additional reporting by Dubai newsroom; editing by Christina Fincher and Philippa Fletcher)

Persons: Hossein Amirabdollahian, Amirabdollahian, Bart Meijer, Charlotte Van Campenhout, Christina Fincher, Philippa Fletcher Organizations: Monday, Bruins, Dubai Locations: AMSTERDAM, Iranian, Netherlands, Iran, Erbil, Iraq, Iraq's, Kurdistan, Iraqi, Kurdish, Dutch, Gaza

☆ Asylum Seekers 'Missing' After Crossing Russia Border to Finland
▼ + stars: | 2024-01-19 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Greta Rosen Fondahn(Reuters) - Some 160 people who applied for asylum at Finland's eastern border last year have since disappeared, amid a sudden surge of asylum seekers arriving via Russia, Finland's immigration authority said. Finland closed its eastern border with Russia late last year amidst a growing number of arrivals from countries including Syria and Somalia. Now 160 people are missing from reception centres, most with unknown whereabouts, Migri's Director of the Asylum Unit, Antti Lehtinen told Reuters. Earlier in January, Finland extended the closure of its border with Russia until Feb. 11, saying it was likely that the inflow of asylum seekers would restart if the border opened. "Smuggling activities have taken advantage of the border security disruptions on the eastern border," the coast guard said in a statement.

Persons: Greta Rosen Fondahn, Migri, Antti Lehtinen, " Lehtinen, Lehtinen, Sauli Niinisto, Greta Rosen, Anne Kauranen, Sharon Singleton Organizations: Kremlin, Asylum Unit, Reuters, EU, Finnish Border Guard Locations: Russia, Finland, Syria, Somalia, Moscow, Netherlands, Belgium, Norway, Sweden, France, Germany, Switzerland, EU

☆ Peter R. de Vries: Group suspected of killing Dutch crime reporter also wanted to kidnap PM Mark Rutte, witness says
▼ + stars: | 2024-01-19 | by ( Caitlin Danaher | Rose Roobeek | ) edition.cnn.com time to read: +3 min

CNN —The group suspected of murdering a crime reporter in the Netherlands in 2021 also wanted to kidnap Dutch Prime Minister Mark Rutte, according to a witness in the case. The protected witness made the comments during an interrogation by the investigative judge in December 2022, according to the prosecution service. Dutch crime reporter Peter R. de Vries, pictured on May 24, 2017 in Arnhem, in the Netherlands, was killed in 2021 in a murder that shocked the country. The trial against nine suspects in the murder of de Vries will start on January 23, according to the prosecution service. The nine suspects, of Polish and Antillean descent, are between 24 and 37 years old, the prosecution service said.

Persons: Mark Rutte, ”, Peter R, Vries, Parool, Rutte, de Vries, De Vries, de Organizations: CNN, Dutch, Netherlands Public Prosecution Service, RTL TV, “, Getty, RTL Netherlands Locations: Netherlands, Amsterdam, Arnhem, de Waal, AFP

☆ China could face more chip restrictions in 2024, analysts say
▼ + stars: | 2024-01-18 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

China could face more semiconductor export curbs from the likes of the U.S. and the Netherlands to contain the Asian powerhouse's chip tech, analysts told CNBC. Earlier this year, the Netherlands blocked Dutch semiconductor equipment maker ASML from exporting some of its deep ultraviolet lithography systems to China. It came after the U.S. tightened export controls on advanced semiconductors and chipmaking tools to China in October last year, building on previous rules. "I wouldn't be surprised if there's more [U.S. restrictions] coming just because we're still in the middle of this tit-for-tat. Beijing slammed the Dutch government's move, urging the Netherlands to "uphold an objective and fair position and market principles."

Persons: we're, Dan Hutcheson Organizations: CNBC, U.S, China's Ministry of Commerce Locations: China, Netherlands, Beijing, U.S, TechInsights

☆ Ukraine dismisses Trump-Putin relationship, brushes off U.S. election fears
▼ + stars: | 2024-01-18 | by ( Vicky Mckeever | ) www.cnbc.com time to read: +2 min

Minister of Foreign Affairs of Ukraine Dmytro Kuleba attends a joint briefing with Minister of Foreign Affairs of the Netherlands Hanke Bruins Slot. Kuleba said: "So do I believe there is a potential for [Russian President Vladimir] Putin and Trump to agree on something behind Ukraine's back if Trump becomes president? He added that Trump was also the "first to sell lethal weapons to the Ukraine." The U.S. administration continues to push for further funding in Congress to support Ukraine in its war with Russia, which began in Feb. 2022. The U.S. has been a staunch ally of Ukraine throughout the war, supplying more than $75 billion in humanitarian, military and financial support.

Persons: Ukraine Dmytro Kuleba, Dmytro Kuleba, Donald Trump, Kuleba, Vladimir, Putin, Trump, Ukraine's, Steve Sedgwick, Volodymyr Zelenskyy, Biden, Washington's, Joe Biden's Organizations: Foreign Affairs, Netherlands, Bruins, Publishing, Ukraine's, CNBC, Economic, Trump, Republican Party, Ukraine, House Republicans Locations: Ukraine, Davos, Russia, Europe, America, U.S

☆ Zelenskyy says he owes a 'big shoutout' to the makers of the Patriot, which Ukraine says has been killing Russia's supposedly unbeatable missiles
▼ + stars: | 2024-01-18 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

Read previewUkrainian President Volodymyr Zelenskyy this week name-checked the surface-to-air missile system that has given Ukraine a fighting edge against Russia's purportedly invincible weapons systems in recent months. AdvertisementBut the Ukrainian president specifically heralded the American-provided Patriots as the "most powerful" weapons system "in the world today." He added that the Ukrainian battlefield has proven to be the true test for the Patriot systems in action. A military analyst told Newsweek last year that the Ukrainians have used the Patriot missile systems in ways that have even surprised the Pentagon. Zelenskyy had long been requesting the US to send the missile systems.

Persons: —, Volodymyr Zelenskyy, Russia's, Zelenskyy, Kinzhals, Vladimir Putin, Zelenskky, Nicholas Carlson Organizations: Service, Business, Economic, Russian Federation, Patriots, Western Patriots, Russia's, Newsweek, Patriot, Pentagon, The New York Times, Ukraine, NATO Locations: Ukraine, Davos, Russian, Russia, Congress, Germany, Netherlands, Romania, Spain

☆ Tesla slashes car prices across Europe after similar cuts in China
▼ + stars: | 2024-01-17 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Tesla on late Tuesday trimmed prices for its Model Y cars across several countries in Europe, a week after announcing similar price cuts for its Model 3 and Model Y cars in China. In France, Tesla lowered prices on its Model Y cars by as much as 6.7%, while in the Netherlands, Tesla reduced prices for the Model Y by up to 7.7%. The reductions come after Tesla announced price cuts for its Model 3 and Model Y cars in China. The company has reduced prices for its cars aggressively in China over the past year or so, undercutting local competitor BYD. Tesla trimmed prices of the Model 3 by 6% compared to December last year, also taking prices for the Model Y down by 11%, according to data from JL Warren Capital.

Persons: Tesla, Warren Buffet Organizations: BYD, JL Warren Capital, Volkswagen, U.S Locations: Europe, China, Germany, France, Norway, Netherlands, Red, Iran, Berlin, Brandenburg

☆ Advance of far-right parties is the ‘biggest concern’ for Western democracies, Spain’s Prime Minister says
▼ + stars: | 2024-01-17 | by ( Vicky Mckeever | ) www.cnbc.com time to read: +1 min

Spanish acting Prime Minister Pedro Sanchez during the investiture debate at the Spanish Parliament on Nov. 15, 2023 in Madrid, Spain. The rise of far-right political groups is the "biggest concern" for Western democracies, Spanish Prime Minister Pedro Sánchez told CNBC. "I think that not only the [political] fragmentation, but the advance of the far-right, it is something … I would say [it is] the biggest concern for Western democracies," Sanchez said at the World Economic Forum in Davos, Switzerland. His comments come in a year set to bring voters to the polls in several countries worldwide, which will include European Parliament elections in June. In France, Marine Le Pen's National Rally party has grown in popularity in the polls, while Geert Wilders' Freedom Party recorded a decisive victory in Netherlands' general elections in November.

Persons: Pedro Sanchez, Pedro Sánchez, Sanchez, Geert Wilders Organizations: Spanish, CNBC, Economic, Freedom Party Locations: Madrid, Spain, Davos, Switzerland, France, Netherlands

☆ Dutch minister calls for an EU commissioner dedicated to defense
▼ + stars: | 2024-01-17 | 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 EmailDutch minister calls for an EU commissioner dedicated to defenseKajsa Ollongren, minister of defence of the Netherlands, discusses the most recent elections in her country, the need for additional defense funding for the EU, and what her country is doing to continue supporting Ukraine.

Persons: Kajsa Ollongren Organizations: EU Locations: Netherlands, Ukraine

☆ Dutch Senate Defies Prospective Government Parties Over Migration Law
▼ + stars: | 2024-01-16 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Bart H. MeijerAMSTERDAM (Reuters) - The Dutch Senate will support a law to evenly spread asylum seekers over municipalities in the Netherlands, despite strong resistance from far-right election winner Geert Wilders' Freedom Party and other parties looking to form a new government. In the end, Rutte's own party members in the Senate made a surprising U-turn on Tuesday and said they would support the law, giving it a decisive majority in the upper chamber. If they reach an agreement, they would be forced to deal with the law that the Senate is now set to officially adopt on Jan. 23. "My god," Wilders said in a post on X in response to news about the VVD's Senate decision. Ruben Brekelmans, a VVD lawmaker in the lower chamber, said he wished his Senate colleagues had waited for an agreement on stricter migration policies before handling the spread of asylum seekers.

Persons: Bart H, Geert Wilders, Wilders, Mark Rutte, Ruben Brekelmans, Bart Meijer, Paul Simao Organizations: Meijer, Dutch, Freedom Party, Party, Senate Locations: Netherlands

☆ The Harriet Tubman? The Anne Frank? House Layout Names Draw Criticism
▼ + stars: | 2024-01-16 | by ( Remy Tumin | More About Remy Tumin | ) www.nytimes.com time to read: +1 min

From the outside, the adobe-style ranch house on the outskirts of Albuquerque appears to be like any other three-bedroom house. But its designers took inspiration from an unusual source. In fact, the person for whom the design is named probably never stepped foot in New Mexico at all. The company also named a home layout after Anne Frank, who hid from Nazis in an annex in the Netherlands before being killed in a concentration camp. The designs appear to have been available for years, but they did not pique interest on social media until this week.

Persons: Harriet Tubman, ”, Abrazo, tastelessly, Anne Frank Locations: Albuquerque, New Mexico, Netherlands

☆ Divide between political elites and the working class is a major risk, Allianz CEO says
▼ + stars: | 2024-01-16 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Oliver Bäte, chief executive of German insurance group Allianz. Nurphoto | Nurphoto | Getty ImagesA growing detachment between political leaders and populations presents the biggest risk in a busy election year, according to Allianz CEO Oliver Bäte. The Allianz Risk Barometer published this month noted that political risk was already at a five-year high in 2023, with some 100 countries considered at high or extreme risk of civil unrest. This is expected to deepen in 2024, amid continued economic hardship, particularly in "debt-crisis countries." "We have an increasing detachment of the political elite from the working class and the people that actually go to work every day, and that, I see as the number one risk for our societies," Bäte said.

Persons: Oliver Bäte, you've, Emmanuel Macron's, Nahel, Viktor Orbán, Bäte Organizations: Allianz, Nurphoto, Economic, Sweden Democrats Locations: Ukraine, Davos, Switzerland, Netherlands, France, Slovakia, Italy, Hungary, Sweden

☆ Here's what Apple had to change as a result of the Epic Games legal battle
▼ + stars: | 2024-01-16 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Apple changed the rules of its U.S. App Store on Tuesday in what appears to be the final result from the long-running Epic Games antitrust challenge against Apple. The shift is the most tangible result from Epic Games' legal challenge to the App Store. However, it doesn't go far enough for Epic Games CEO Tim Sweeney, he said in a statement on Tuesday. "The court battle to open iOS to competing stores and payments is lost in the United States," Epic Games CEO Tim Sweeney said. You will be responsible for addressing such issues with customers," Apple said in the email.

Persons: Tim Cook, Apple, Tim Sweeney, Sweeney Organizations: Apple Inc, Apple Worldwide Developers, Apple, U.S, Supreme, Epic Games, Epic Locations: San Jose , California, U.S, United States, Netherlands, South Korea

With 23% of the vote, Wilders stands a good chance of leading any future governing coalition. In the Netherlands, forming a majority coalition with Wilders' party was considered unthinkable not long ago. "And Wilders took off in the polls.”In December, a member of Wilders' party became president of parliament, marking a breakthrough in political acceptance. There is now a real prospect of his far-right party joining, or even leading, a majority governing coalition. Rather than far-right parties being pulled to the center, the center may veer to the right.

Persons: SINT, ”, Geert Wilders, Wilders, ’ ”, Rem Korteweg, “, Walter de Jong, De Jong, Mark Rutte, Tom Theuns, ” Wilders, Theuns, ” Theuns, Jean, Marie Le Pen, Le Pen’s, —, North Africa —, Mark Rutte's, Frans Timmermans Organizations: Party, Freedom, European Union, EU, Party for Freedom, Rabobank, “, Leiden University, National, Frontex, ”, Pulitzer Center, Crisis Locations: SINT WILLEBRORD, Netherlands, Willebrord, Europe, Germany, France, Spain, Sweden, Austria, The Hague, Hungary, Serbia, Poland, Rucphen, Sint Willebrord, Ukraine, Soviet, Syria, Turkey, Belgium, Dutch, North Africa, EU

☆ South Africa's genocide case against Israel has 'global support,' finance minister says
▼ + stars: | 2024-01-15 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

South Africa's legal case accusing Israel of committing genocide against Palestinians in Gaza has "global support," the country's Finance Minister Enoch Godongwana told CNBC Monday. A two-day hearing last week at the International Court of Justice in the Hague, Netherlands, saw South African lawyers lay out arguments alleging that Israel's bombardment of Gaza that has caused massive casualties was tantamount to genocide. "Supporters of Israel of course, including the U.K., will say our application is nonsense but there is global support for our view that in fact, our case was substantive and we have argued our case." Turkey, Jordan, Brazil, Colombia, Bolivia, Pakistan and Malaysia are among the states that have publicly supported South Africa's application, along with the Organization of Islamic Cooperation. The Saudi-based organization consists of 57 member states, 48 of which are Muslim-majority countries.

Persons: Ronald Lamola, Israel, Enoch Godongwana, Godongwana Organizations: International Court of Justice, country's Finance, CNBC, South, United, Economic, Organization of Islamic Cooperation Locations: Africa's, South Africa, Israel, Gaza, The Hague, Netherlands, Hague, Africa, United Nations, Davos, Turkey, Jordan, Brazil, Colombia, Bolivia, Pakistan, Malaysia, Saudi

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