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☆ Dollar sags as slower U.S. inflation boosts rate cut expectations
▼ + stars: | 2024-05-16 | by ( ) www.cnbc.com time to read: +3 min

The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years and retail sales turned flat, which pulled forward expectations for rate cuts in the world's biggest economy. The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years and retail sales turned flat, which pulled forward expectations for rate cuts in the world's biggest economy. Stocks and other risk-sensitive assets such as the Australian dollar led gains in the wake of the data release. The New Zealand dollar hit a two-month high at $0.6131. Softer-than-expected retail sales figures, which were flat last month instead of the 0.4% gain that economists had forecast, reinforced the newfound confidence in rate cuts.

Persons: Sterling, Bart Wakabayashi, China's, Bitcoin Organizations: Australian, New Zealand, U.S, State, European Central Bank Locations: Asia, Tokyo, Treasuries

covers Chinese foreign policy and China’s economic and cultural engagement with the world. He has been a journalist for more than two decades.

Sergey Dolzhenko/EPA-EFE/ShutterstockUkrainian President Volodymyr Zelensky, NATO’s Jens Stoltenberg and other European leaders are condemning the attack on Slovak Prime Minister Robert Fico on Wednesday. NATO Secretary General Jens Stoltenberg: "Shocked and appalled by the shooting of Prime Minister Robert Fico. My thoughts are with PM Fico, his family,” she said on X.Ukrainian President Volodymyr Zelensky: "The attack on Slovakia’s Prime Minister Robert Fico is appalling. Italian Prime Minister Giorgia Meloni: "I learned with deep shock the news of the cowardly attack on Slovak Prime Minister Robert Fico. Spanish Prime Minister Pedro Sanchez: “Horrified and outraged at the attack on the Slovak Prime Minister.

Persons: Volodymyr Zelensky, Zuzana Caputova, Sergey Dolzhenko, NATO’s Jens Stoltenberg, Robert Fico, Jens Stoltenberg, Ursula von der, “, Fico, ”, state's, Zelensky, Viktor Orban, ” Orban, Giorgia, Pedro Sanchez, ” Sanchez Organizations: Slovak, NATO, European, Slovakia’s, Spanish, Slovak Prime Locations: Kyiv, Ukraine, Slovakia, Hungarian, Spain

This week, Xi is welcoming him to China for a two-day state visit — their fourth in-person meeting since Russia’s onslaught in Ukraine began. China has repeatedly defended its trade with Russia as part of normal bilateral relations. Russia has also become China’s main oil supplier, overtaking Saudi Arabia, according to official Chinese trade data. Governments warn against support for Russia’s war effortThe wartime surge in trade, and growing purchases of oil, have sparked criticism in the West that China was helping to fund Russia’s war. It mirrors Xi’s state visit to Russia in March 2023, which was the Chinese leader’s first overseas trip after starting a norm-shattering third term as president.

Persons: Vladimir Putin’s, Xi, Putin, Antony Blinken, Emmanuel Macron, Ursula von der Leyen, Von der, ’, Volodymyr Zelensky, Joe Biden, Biden Organizations: Hong Kong CNN, United, European Union, International Monetary Fund, —, EU, White, European Commission Locations: China, Hong Kong, Russia, Ukraine, Russian, United States, Saudi Arabia, India, West, Beijing, France, Chinese

☆ Slovakian PM Fico in ‘life-threatening’ condition after being shot; EU leaders decry 'brutal attack'
▼ + stars: | 2024-05-15 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Prime Minister of Slovakia Robert Fico attends a press conference during a Special European Council Meeting on April 18, 2024 in Brussels, Belgium. Slovakia's populist Prime Minister Robert Fico on Wednesday was shot multiple times in an assassination attempt that has sent shockwaves across the continent. The 59-year-old has been transported by helicopter to hospital in the central Slovakian city of Banska Bystrica to receive treatment. A post on Fico's official Facebook page said the prime minister was "shot multiple times and is in a life-threatening state" after an "attempted assassination." Slovakian President Zuzana Čaputová "strongly" condemned the "brutal and ruthless attack" in a Google-translated Facebook post, without supplying further details of the nature of the attack.

Persons: Slovakia Robert Fico, Robert Fico, Fico, Zuzana Čaputová Organizations: NBC, Reuters, CNBC Locations: Slovakia, Brussels, Belgium, Slovakian, Banska Bystrica, Bratislava, Handlova

☆ Georgia president holds talks on 'how to save' the country as U.S., EU and NATO decry 'Russian law'
▼ + stars: | 2024-05-15 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Georgian President Salome Zurabishvili delivers a speech during an gathering celebrating Europe Day outside her residence in Tbilisi on May 9, 2024. (Photo by Vano SHLAMOV / AFP) (Photo by VANO SHLAMOV/AFP via Getty Images)Georgian President Salome Zourabichvili on Wednesday held talks with European ministers to urgently discuss "how to save" the country, shortly after lawmakers adopted a deeply divisive Russia-style foreign influence bill. The U.S., European Union, NATO and the United Nations have all issued statements expressing concern about Georgia's new legislation, which opposition lawmakers have denounced as the "Russian law." Georgian lawmakers on Tuesday approved the legislation, with 84 members of the country's 150-member law-making body voting in favor. "On the agenda today is the following issue: how to save Georgia," Zourabichvili said, according to a translation.

Persons: Salome Zurabishvili, Vano SHLAMOV, VANO SHLAMOV, Salome Zourabichvili, Zourabichvili Organizations: Getty Images, Wednesday, Union, NATO, United Nations, EU Locations: Europe, Tbilisi, AFP, Russia, U.S, Lithuania, Latvia, Estonia, Iceland, Georgia

☆ Young Thai activist’s death in detention after 65-day hunger strike sparks calls for justice reform
▼ + stars: | 2024-05-15 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +7 min

She had been in jail since January 26 and was awaiting trial, according to legal advocacy group Thai Lawyers for Human Rights. While in detention, Netiporn went on a 65-day hunger strike until April to protest the jailing of political dissidents without bail, the group said. Panu Wongcha-Um/Reuters/FileThe activist faced seven criminal cases, including two lese majeste charges. Those attending included Panusaya “Rung” Sithijirawattanakul, a fellow activist who also faces lese majeste charges for her involvement in the 2020 protests. At least 270 people have been charged with lese majeste during that time, the group added.

Persons: Thailand’s, ”, “, Netiporn, Thalu Wang, Thais, Panu, Panusaya, lese, Srettha Thavisin, Srettha, Strettha, Mongkol Thirakhot, majeste, Akarachai Chaimaneekarakate, Akarachai Organizations: CNN, ” Thailand’s Corrections Department, Thammasat University Hospital, Thai Lawyers for Human Rights, Thai Corrections Department, Bangkok Criminal Court, Thailand’s Ministry, Justice, Rights, United Nations Human Rights Council, European Union Locations: Bangkok, Thailand, Thai, lèse

☆ Russia can't seem to stop this Ukrainian Cessna-style drone that, compared to missiles, is basically a 'flying brick' with a bomb onboard
▼ + stars: | 2024-05-15 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Experts say these aircraft underscore the success of Ukraine's innovative long-range drone program, which Kyiv has employed to go after Russia's military and energy facilities. The Ukrainian drones are in fact slow-flying ultralight planes. And if Ukraine can find a corridor that lacks proper air-defense coverage, then the drone can effectively penetrate right through Russian territory, Hoffmann said. Notably, the Cessna-style drone underscores the success of Ukraine's ever-evolving drone program. The aircraft was converted into a drone - A-22 Flying Fox.

Persons: —, JzjMc83uA4 —, Fabian Hoffmann, it's, Hoffmann, Petersburg —, It's, Gordon Davis Jr, Davis, Ukraine's, …, obdWO5ACNA, Washington, Lance Landrum, Landrum Organizations: Service, Cessna, Business, Kyiv, University of Oslo, US Army, Center for, Fox, US Air Force Locations: Ukraine, Kyiv, Republic of Tatarstan, Russia, Republic of Bashkortostan, Bashkortostan, Russian, Tatarstan, Moscow, St, Ukrainian

Secretary of State Antony J. Blinken warned on Wednesday that recent gains in getting desperately needed humanitarian aid to people in the Gaza Strip risked being undone by the fighting in southern Gaza. The border crossing in the southern city of Rafah has been closed since Israel began what it describes as a limited military operation against Hamas fighters in the town, on the border with Egypt. The United Nations said on Wednesday that 600,000 people had fled Rafah since Israel’s ground assault started there. “At the very time when Israel was taking important and much needed steps to improve the provision of humanitarian assistance,” Mr. Blinken said to reporters in Kyiv, Ukraine, “we’ve seen a negative impact on the fact that we have this active, very active conflict in the Rafah area.”Josep Borrell Fontelles, the European Union’s top diplomat, said in a statement that Israel needed to end its Rafah operation “immediately,” warning that extending it “would inevitably put a heavy strain on the E.U.’s relationship with Israel.”

Persons: Antony J, Blinken, Israel, ” Mr, “ we’ve, ” Josep Borrell Fontelles, ” Organizations: Israel, Hamas, United Nations Locations: Gaza, Rafah, Egypt, Kyiv, Ukraine, “, Israel

☆ EU's Gentiloni says outlook for European inflation and purchasing power is 'very good'
▼ + stars: | 2024-05-15 | 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 EmailEU's Gentiloni says outlook for European inflation and purchasing power is 'very good'Paolo Gentiloni, the European Union's commissioner for economy, discusses the path of inflation in the bloc, trade with China, and 'weak' progress toward a Capital Markets Union.

Persons: Paolo Gentiloni Organizations: Capital Markets Union Locations: China

☆ Taylor Swift’s ‘Eras Tour’ could be worth almost $1 billion to British economy
▼ + stars: | 2024-05-15 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Taylor Swift’s smash-hit “Eras Tour” is set to boost spending in the United Kingdom by nearly $1 billion, according to estimates by Barclays. The concerts sold out within minutes of tickets going on sale, with fans spending £206 ($260) on average on a single ticket, Barclays said. While the price tag may seem hefty, it’s much less than many Americans will pay to see the “Eras Tour” back home. “For ‘Eras Tour’ ticketholders, every pound they spend is an investment in the memories they’ll create,” he added. The European leg of the “Eras Tour” includes concerts in Sweden, Portugal, Spain, France, Ireland, the Netherlands, Switzerland, Italy, Germany, Poland and Austria this year.

Persons: London CNN — Taylor Swift’s, Swift, Peter Brooks, Taylor Swift, Elvis, Beatlemania, ” Brooks, That’s “ Organizations: London CNN, Barclays, Barclays ’, “ Locations: United Kingdom, United States, England, Wales, Scotland, Europe, Sweden, Portugal, Spain, France, Ireland, Netherlands, Switzerland, Italy, Germany, Poland, Austria

☆ Blinken plays ‘Rockin’ in the Free World’ in Kyiv bar
▼ + stars: | 2024-05-15 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +2 min

CNN —There was no doubting the message from Antony Blinken’s musical debut in Kyiv on Tuesday night. The visit is the first by a Biden administration official since the long-delayed passage of US supplemental funding to the war-torn country. The bar, which has heavy metal doors and metal reinforcements along the walls, is popular with war veterans and soldiers on leave. In a personal address from the stage, Blinken said: “The United States is with you, so much of the world is with you. And they’re fighting, not just for Ukraine but for the free world – and the free world is with you too.”The venue posted about the unusual performance on its Instagram page, captioning it: “Keep on rocking on a free world!

Persons: Antony Blinken’s, Neil Young’s, ” Blinken, Volodymyr Zelensky, Barman Dictat, Blinken, Neil Young, ”, Bill Clinton Organizations: CNN, Biden, Reduta Jazz Locations: Kyiv, United States, Ukraine, Prague

☆ Is meme trading back? These 4 stocks could benefit from a retail investor boom
▼ + stars: | 2024-05-15 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

Whether retail investors profit from their bets on GameStop and AMC Entertainment or not, one group of companies looks set to cash in from the frenzied trading: stock exchanges. So-called meme stocks, which gained popularity through social media platforms like Reddit and Twitter (or X), have attracted retail investors looking to make a quick profit. Through this new innovative offer, we will offer retail investors a true one-stop-shop experience for equity trading," he said in May 2023. "The rise of retail options trading is another secular trend we're excited to build on with more platforms coming online for index options trading later this year, giving retail investors expanded access to our products," Howson said on an earnings call to analysts this month. ICE, which owns the New York Stock Exchange and several other exchanges, offers trading in stocks, bonds, commodities, currencies and derivatives.

Persons: Eric Leupold, Deutsche Boerse, Benjamin Goy, Stéphane Boujna, FactSet, David Howson, Howson, Oppenheimer, Hannah Gooch, Peters, Marco Iachini , Organizations: GameStop, AMC Entertainment, Twitter, Deutsche Borse AG Deutsche Börse, Frankfurt Stock Exchange, Corona, Deutsche Börse, DB1, Deutsche Bank, Global Equity, Cboe, Wall Street, Intercontinental Exchange, Sanlam Investments, ICE, New York Stock Exchange, Vanda Locations: Germany, U.S, Switzerland, Italy, Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, Paris, France, Portugal, Europe

☆ Why Biden’s monster EV tariffs could inflame a Europe-China trade war
▼ + stars: | 2024-05-15 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

It’s a very different matter in Europe — by far the biggest export market for Chinese EV manufacturers. EU tariffs could backfireAccording to Citi, the EU accounted for 36% of Chinese EV exports last year, more than the next five largest markets combined. By contrast, the United States currently receives just 1.1% of China’s EV exports. For BYD, China’s biggest EV maker, the tariffs would likely have to be even higher to be effective, they add. “I’d say we are entering a very tense period in terms of trade interactions and trade defense,” she added.

Persons: Joe Biden, “ I’m, ” Biden, Joseph Webster, Agatha Kratz, Kratz, That’s, Oliver Zipse, ”, Tu Le, “, Josh Lipsky, Juliana Liu Organizations: London CNN, United, EV, European Union, Atlantic Council, EU, CNN, Citi, Capital Economics, BMW Locations: China, America, Europe, United States, It’s, Brussels, “ Brussels, Beijing, subsidization, EU, States, Italy, Hong Kong

☆ Live Updates: Slovakia’s Prime Minister in ‘Life-Threatening’ Condition After Shooting
▼ + stars: | 2024-05-15 | by ( Cassandra Vinograd | Pavol Strba | ) www.nytimes.com time to read: +2 min

Slovakia’s populist prime minister, Robert Fico, was shot and seriously wounded on Wednesday in what the government called an assassination attempt. A post on the prime minister’s official and verified Facebook page said that Mr. Fico was in “life-threatening condition” after sustaining “multiple” gunshot wounds. Local media reported that the attack unfolded in the central Slovak town of Handlova, where Mr. Fico, a veteran politician, had been meeting with supporters. Mr. Fico has aligned with the Hungarian prime minister, Viktor Orban, in opposing aid to Ukraine and challenging mainstream opinions within the European Union. On Wednesday, Mr. Orban was quick to send well wishes to Mr. Fico, whom he called “my friend.”“We pray for his health and quick recovery,” Mr. Orban wrote on social media.

Persons: Robert Fico, Fico, “, Zuzana Caputova, ”, Caputova, Viktor Orban, Orban, Mr, Ursula von der Leyen Organizations: Local, Facebook, Reuters, European Union, European Commission Locations: Slovak, Handlova, Russia, Ukraine, United States

☆ Manchester United 3-2 Newcastle United: Ten Hag’s side bounce back, Amad and Gordon shine
▼ + stars: | 2024-05-15 | by ( Mark Critchley | Chris Waugh | ) www.nytimes.com time to read: +8 min

Mark Critchley and Chris Waugh analyse the main talking points from Old Trafford…What does this mean for Manchester United? Mark CritchleyWhat does this mean for Newcastle United? Howe’s side are level on points with Manchester United, but above Ten Hag’s team on goal difference, a factor which could yet prove critical. Newcastle’s season-long away form, which is merely the 15th-best in the Premier League, has held them back throughout the campaign. What next for Newcastle United?

Persons: Newcastle United’s, Premier League Kobbie Mainoo, Anthony Gordon, Rasmus Hojlund, Lewis Hall, Mark Critchley, Chris Waugh, Erik, Mainoo, Oli Scarff, Stu Forster, Newcastle’s, Bruno Fernandes, Antony, Amad’s, Marcus Rashford, Alejandro Garnacho, Gordon, Aaron Wan, Jacob, St James ’ Park, they’ve, I’m, “, Eddie Howe, Roberto De Zerbi’s, Eddie Howe’s, — Organizations: Old, Manchester United, FA, Manchester City, Brighton, Premier League Kobbie, Newcastle, Arsenal, Getty, Europa League, Premier League, Newcastle United, Chelsea, Bournemouth, Brentford, Sunday, Europa Conference League, Ten, Manchester United’s, Manchester, St James, “ Newcastle, Sunday’s, Gtech Locations: Newcastle, Old Trafford, Europe, Crystal, AFP, Manchester, Brighton, Griffin

☆ Biden's move to send $1 billion in weapons to Israel could backfire
▼ + stars: | 2024-05-15 | by ( Mikhaila Friel | Tom Porter | ) www.businessinsider.com time to read: +5 min

Read previewThe US plans to send more than $1 billion in arms and ammunition to Israel despite growing tensions between President Joe Biden and Israel's Prime Minister Benjamin Netanyahu. Getting the weapons to Israel could be a lengthy process. AdvertisementBiden later warned he would withhold additional weaponry if Israel went ahead with a widespread ground assault on the city. Seth Binder, an expert on US weapons sales with the Middle East Democracy Center, told the Journal that Biden's apparent U-turn weakens his influence over Netanyahu. Analysts say that Biden's handling of the Gaza war is among the issues corroding his support among them.

Persons: —, Joe Biden, Benjamin Netanyahu, Biden, Israel, Nathan Howard, Netanyahu —, Seth Binder, Netanyahu, Sen, Chris Van Hollen, BRENDAN SMIALOWSKI, he's, Dave Harden Organizations: Service, Israel's, Officials, Street Journal, Business, CNN, White, Getty, Middle East Democracy Center, Washington Post, Pentagon, Israel, Gaza, US Agency for International Development, West Bank, BBC Locations: Israel, Gaza, Rafah, Washington , DC, Iran, Lebanon, Damascus, Syria

☆ Chuck Schumer and bipartisan group of senators unveil plan to control AI – while investing billions of dollars in it
▼ + stars: | 2024-05-15 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

It also instructs multiple Senate committees to come up with guardrails for AI to address some of its biggest risks, such as AI-enabled discrimination, job displacement and election interference. “Harnessing the potential of AI demands an all-hands-on-deck approach and that’s exactly what our bipartisan AI working group has been leading,” Schumer said Wednesday. “This roadmap represents the most comprehensive and impactful bipartisan recommendations on artificial intelligence ever issued by the legislative branch,” Young said Wednesday. Schumer has described regulating artificial intelligence as a challenge for Congress unlike any other, vowing a swift timeline measured in months, not years. But policy analysts, and some congressional aides, doubt whether Congress can pass significant legislation regulating AI in an election year.

Persons: Chuck Schumer, Schumer, ” Schumer, New Mexico Democratic Sen, Martin Heinrich, Republican Sens, Mike Rounds, Todd Young, ” Young, ” Organizations: CNN, European Union, National Security, Artificial Intelligence, New, New Mexico Democratic, Republican, South, Todd Young of Indiana, EU Locations: New York, New Mexico, South Dakota

☆ Europe must avoid ‘disaster’ of trade decoupling as it eyes China tariffs, EU's economics chief says
▼ + stars: | 2024-05-15 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

The European Union must avoid a harmful decoupling of global trade as it mulls tariffs on Chinese electric vehicles and other goods, the bloc's economic chief said Wednesday. "But this is not bringing us to a theory of decoupling of global trade, which would be a disaster for both parts of the decoupling," he said. "The characteristic of the EU economy is to be more open, more influenced by trade, and less by only internal consumption. This is the reason, the economic reason, why it is in the interest of the European Union to keep the doors of trade open." Meanwhile, several EU nations are nervous about potential Chinese retaliatory trade measures hitting important domestic industries, from German automotives to French cognac.

Persons: Paolo Gentiloni, CNBC's Silvia Amaro, Gentiloni Organizations: European, European Union, CNBC Locations: European Union, Europe, China, EVs, U.S, Russia, Ukraine

☆ 'We are losing competitiveness' in the EU, former Italian Prime Minister Letta says
▼ + stars: | 2024-05-15 | 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 Email'We are losing competitiveness' in the EU, former Italian Prime Minister Letta saysEnrico Letta, author of "Much More Than A Market" and former Italian prime minister, discusses the European economy.

Persons: Letta, Enrico Letta Organizations: EU Locations: Italian

☆ These are Goldman Sachs' favorite stocks with 50% or more upside
▼ + stars: | 2024-05-15 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

'Conviction list' stocks with big upside Investors still looking for quality names with more upside may want to consider names in Goldman's conviction lists — directors' cut. CNBC Pro scoured Goldman's May conviction lists for stocks with further upside of 50% or more, based on the bank's price targets. Goldman gave it a price target of $35, implying 107% upside. Goldman gave it a price target of 37 euros ($40), implying 64% upside. The bank gave the stock a price target of 380,000 Korean won ($277), or potential upside of 94%.

Persons: Stocks, Goldman Sachs, Peter Oppenheimer, Goldman, Neste, — CNBC's Michael Bloom Organizations: Dow Jones, U.S . Federal, Fed, CNBC, Europe's, Energy, Korean Locations: 1Q24, United States, Europe, Asia, Korean

☆ With Church Bells and Hashtags, the Netherlands Backs Its Eurovision Act
▼ + stars: | 2024-05-15 | by ( Claire Moses | ) www.nytimes.com time to read: 1 min

At noon on Tuesday, some church bells and carillons in the Netherlands didn’t sound like they usually do. Rather than solemnly tolling, they played the melody of “Europapa,” the song that was supposed to be the Dutch entry in the Eurovision Song Contest final this past Saturday. Dutch radio stations are also regularly playing the three-minute pop song, and some fans have added the hashtag “JusticeforJoost” to their social media accounts. Support is strong in the Netherlands for Joost Klein, the singer behind “Europapa,” who was a preshow favorite among Eurovision fans and bookmakers until he was disqualified just hours before the final in Malmo, Sweden. Eurovision’s organizer, the European Broadcasting Union, barred Klein from taking part after an “incident” during which he showed “threatening behavior directed at a female member of the production crew,” it said in a statement.

Persons: ”, Joost Klein, “ Europapa, Klein Organizations: Eurovision, European Broadcasting Union Locations: Netherlands, Malmo, Sweden

☆ European markets set for higher open ahead of key U.S. inflation data
▼ + stars: | 2024-05-15 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are heading for a higher open Wednesday as global investors look ahead to the latest U.S. inflation print. Traders are hoping that a return to Federal Reserve rate hikes is largely off the table despite a recent slew of hotter-than-expected inflation prints. On Tuesday, April's producer price index came in higher than economists' expectations, dampening expectations that the Fed would begin cutting rates later this year. Fed Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected, likely keeping interest rates elevated for an extended period. Asia-Pacific markets were mostly higher overnight, tracking Wall Street gains on Tuesday that saw the Nasdaq Composite index hit a fresh record closing high despite the strong inflation data.

Persons: Jerome Powell Organizations: Traders, Federal, Fed, Nasdaq Locations: Asia, Pacific

A gunman shot Prime Minister Robert Fico of Slovakia, who is known for defying his fellow leaders in the European Union, multiple times at close range on Wednesday, in the most serious attack on a European leader in decades. Mr. Fico was shot after emerging from the House of Culture in Handlova, a town in central Slovakia, as he greeted a small crowd in Banikov Square. He was rushed to a nearby hospital, then airlifted to another hospital for emergency surgery. Hours later, the deputy prime minister, Tomas Taraba, told the BBC that Mr. Fico’s situation was no longer life-threatening, and he expected the prime minister to survive. The gunman, identified by Slovak news outlets as a 71-year-old poet, was immediately wrestled to the ground by security officers.

Persons: Robert Fico of, Fico, Tomas Taraba Organizations: European Union, Culture, BBC Locations: Robert Fico of Slovakia, Handlova, Slovakia, Slovak

☆ Robert Fico: Slovakia’s PM in life-threatening condition after being shot multiple times
▼ + stars: | 2024-05-15 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +3 min

CNN —Slovakia’s Prime Minister Robert Fico was in a life-threatening condition in hospital Wednesday after he was shot multiple times in an assassination attempt. Slovakia's Prime Minister Robert Fico attends a European Council summit in Brussels, on April 18, 2024. Kenzo Tribouillard/AFP via Getty Images/FILEFico previously served as Slovakia’s prime minister for more than a decade, first between 2006 and 2010 and then again from 2012 to 2018. European Commission President Ursula von der Leyen, tweeted: “I strongly condemn the vile attack on Prime Minister Robert Fico. My thoughts are with PM Fico, his family.”And Hungarian Prime Minister Orban added: “I was deeply shocked by the heinous attack against my friend, Prime Minister Robert Fico.

Persons: CNN —, Robert Fico, Fico, Zuzana Čaputová, “ I’m, Roberto Fico, ” Čaputová, upend, “, ”, Vladimir Putin, Viktor Orban, Kenzo Tribouillard, Jan Kuciak, Martina Kušnírová, Kuciak, Ursula von der Leyen, Orban Organizations: CNN, CNN — Slovakia’s, Facebook, Ukraine, NATO, Kremlin, Hungary’s, European Union, Slovakia's, Getty Locations: Handlova, Banska Bystrica, Bratislava, Slovak, Ukraine, Brussels, AFP, Hungarian

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