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☆ CNBC Daily Open: Jackson Hole fears overshadow Nvidia
▼ + stars: | 2023-08-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Rally fizzles outU.S. stocks closed lower Thursday as an earlier Nvidia-sparked rally fizzled out, while Treasury yields climbed higher. Low trading volumes, economic weakness in China and high Treasury yields are all contributing to the August sell-off, writes CNBC's Fred Imbert. This ETF, however, consists of just one stock — and aims to deliver a 1.5-times return on a daily basis.

Persons: Jerome Powell, paring, Nvidia's, Fred Imbert, South Africa —, BRICS, it's Organizations: U.S . Federal Reserve, CNBC, Nvidia, AMD, Intel, Nasdaq, United, United Arab Emirates, Exchange Locations: Moran , Wyoming, Turkey, China, Brazil, Russia, India, South Africa, Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, United Arab

☆ Opinion: Prigozhin seemed to be living on borrowed time
▼ + stars: | 2023-08-24 | by ( Opinion Daniel Treisman | ) edition.cnn.com time to read: +6 min

CNN —Wagner chief Yevgeny Prigozhin — who the Russian aviation agency confirmed was a passenger on board a plane that crashed on Wednesday evening — seemed to be living on borrowed time. Video of the plane debris taken at the purported crash site in the western Tver region of Russia matches the plane registered to Prigozhin. Investigations were started within the armed forces, and probably within the security forces as well. Any effort to paint Prigozhin as wealthy and corrupt stopped almost immediately, and no new financial investigations were announced. And in what might have been the last straw for Putin, Prigozhin released a video on Monday of himself standing in what looked like an African desert, boasting of his men’s exploits.

Persons: Daniel Treisman, “, CNN — Wagner, Yevgeny Prigozhin —, Wagner, Vladimir Putin, Prigozhin, Alexander Lukashenko, Putin, William Burns, “ I, Alexander Zemlianichenko, –, —, Sergei Surovikin, Surovikin, Viktor Afzalov Organizations: University of California, CNN, Belarus, CIA, Kremlin, Central African, Investigations, Washington, Twitter, Facebook Locations: Los Angeles, Russian, Russia, Tver, Kuzhenkino, Tver region, Moscow, Africa, Mali, Central African Republic, Mozambique, Sudan, Ukraine, Petersburg, Sahel, St . Petersburg

☆ Emerging markets group BRICS invites 6 new members, including Saudi Arabia and Iran
▼ + stars: | 2023-08-24 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

South African police officers walk in front of an event banner outside the venue for the BRICS summit at the Sandton Convention Center in the Sandton district of Johannesburg, South Africa, on Monday, Aug. 21, 2023. South African police officers walk in front of an event banner outside the venue for the BRICS summit at the Sandton Convention Center in the Sandton district of Johannesburg, South Africa, on Monday, Aug. 21, 2023. The BRICS economic coalition of emerging markets has decided to extend membership invitations to six nations, South African President Cyril Ramaphosa said Thursday. The BRICS alliance — which currently reunites Brazil, Russia, India, China and South Africa — is set to invite Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates to join, Ramaphosa said in a speech published on the X social media platform, previously known as Twitter. South Africa is presently hosting the 15th BRICS summit.

Persons: Cyril Ramaphosa, Ramaphosa Organizations: South, United, Twitter Locations: Sandton, Johannesburg, South Africa, Brazil, Russia, India, China, Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, United Arab Emirates, Africa

☆ Putin can't attend the BRICS summit for fear of arrest, but he couldn't pass up taking potshots against the West and the US dollar via tape
▼ + stars: | 2023-08-23 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Russian President Putin railed against Western sanctions and touted de-dollarization at the BRICS summit. Putin said the BRICS bloc represents the "global majority" and is an alternative to the Western order. On Tuesday, Putin slammed Western sanctions against Russia over the Ukraine war in a 17-minute prerecorded speech broadcasted at the summit in Johannesburg, South Africa. AdvertisementAdvertisementOver 40 countries have already expressed interest in joining the BRICS bloc as an alternative to Western-led international groupings. The BRICS bloc is home to 40% of the world's population and a quarter of global GDP.

Persons: Putin, Vladimir Putin, —, Putin isn't, Putin —, It's Organizations: Service, West, Russia, Associated, Criminal, Reuters Locations: Wall, Silicon, South Africa, Ukraine, Johannesburg, Brazil, Russia, India, China

☆ Over 40 countries sick and tired of the Western-led world order are clamoring to join a group where China and Russia are members
▼ + stars: | 2023-08-22 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Over 40 countries are interested in joining Brazil, Russia, India, China, and South Africa in the BRICS bloc, Reuters reported. However, the BRICS bloc faces challenges from rivalry between China and India, and Russia's war in Ukraine. South Africa is hosting the 15th summit of the BRICS bloc in Johannesburg from Tuesday to Thursday. Still, the BRICS group does face challenges, including the long-standing rivalry between China and India, China's economic slowdown, and Russia's war in Ukraine. The bloc was formed in 2009 with its first summit, and South Africa joined in 2011, making the grouping BRICS.

Persons: South Africa hasn't, Rob Davies, South, It's, Evan Freidin, Vladimir Putin, Putin —, Goldman Sachs, Jim O'Neill, dollarization Organizations: Reuters, Service, South, United, Australian Institute of International Affairs, Criminal, South Africa, New Development Bank Locations: Brazil, Russia, India, China, South Africa, Ukraine, Wall, Silicon, Johannesburg, Iran, Venezuela, Southeast, Indonesia, Saudi Arabia, United Arab Emirates, Russian, Shanghai, Africa's

☆ BRICS Meeting Attracts Global Interest Not Seen in Years
▼ + stars: | 2023-08-22 | by ( Lynsey Chutel | More About Lynsey Chutel | ) www.nytimes.com time to read: +1 min

The latest gathering of leaders has garnered a level of international interest rarely seen since the group was first formed 14 years ago. Dozens of countries have expressed interest in joining, including Argentina, Nigeria, Iran, Belarus, Saudi Arabia and Indonesia. The candidates are as diverse as the BRICS bloc, which represents 40 percent of the world’s population and a quarter of its economy. Prime Minister Narendra Modi of India arrived in Johannesburg in the afternoon, The Times of India reported. President Vladimir V. Putin of Russia will appear virtually, to avoid an international arrest warrant for crimes against humanity committed during the war in Ukraine.

Persons: Xi Jinping, Cyril Ramaphosa of, Narendra Modi, Vladimir V, Putin Organizations: India Locations: Brazil, Russia, India, China, South Africa, Johannesburg, Ukraine, Beijing, Washington, Argentina, Nigeria, Iran, Belarus, Saudi Arabia, Indonesia, Cyril Ramaphosa of South Africa, Pretoria, Times

☆ India's central bank urges lenders to de-dollarize trade with the UAE using local currencies
▼ + stars: | 2023-08-21 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

India's central bank is asking lenders to promote local currencies when trading with the UAE, Reuters reported. The central bank hopes to stem India's outflow of greenbacks and help promote the rupee internationally, according to the report. A central bank official delivered the message to foreign exchange dealers during a seminar this month, Reuters said. The request from the central bank comes as India and the UAE have set themselves on a de-dollarization path. Meanwhile, banks are also offering smaller companies discounted service charges to incentivize local currency transactions.

Persons: South Africa —, Jim O'Neill Organizations: UAE, Reuters, Service, Reserve Bank of India, United Arab, Abu Dhabi National Oil Company, — Locations: India, UAE, Wall, Silicon, United Arab Emirates, Abu Dhabi, Ukraine, Russia, — Brazil, China, South Africa

The group of nations known as BRICS — Brazil, Russia, India, China and South Africa — represents 40 percent of the world’s population and a quarter of the world’s economy. Now it is considering expanding, in a push to be seen as a credible counterweight to Western-led forums like the G7 group of advanced nations. It comprises the world’s largest authoritarian state (China) and its largest democracy (India), economies big and small, and relations with the United States that run the gamut, from friend to foe. China, under Xi Jinping, wants to expand BRICS, seeing in it a platform to challenge American power. India, locked in a territorial dispute with China, is wary of Beijing’s dominance in the club.

Persons: Xi Jinping Organizations: South Africa — Locations: Brazil, Russia, India, China, South Africa, Western, United States, Moscow, Ukraine

☆ Opinion: A powerful weapon for prosecutors is now in the hands of Fani Willis
▼ + stars: | 2023-08-20 | by ( Richard Galant | ) edition.cnn.com time to read: +18 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. In the US, prosecutors are given enormous power to apply the law as they see fit, choosing who to charge and what to charge them with. Evidence of their misdeeds can secure convictions and allow for strict sentences that otherwise couldn’t be imposed. Bill Bramhall/Tribune Content AgencyThe 97-page indictment unveiled by Willis last week cites a lot more evidence than could be arrayed against a sandwich served at lunch. “We are the chief law enforcement officers in each jurisdiction, with the weighty power to deprive others of their freedom,” Aronberg observed.

Persons: CNN — Caesar Enrico “ Rico ” Bandello, Caesar, ”, Edward G, Robinson, Rico, Rudolph Giuliani, Fani Willis, Willis, Giuliani, Donald Trump, Sol Wachtler, Bill Bramhall, Jennifer Rodgers, “, Trump, Ruby Freeman, Shaye Moss, Dave Aronberg, Attorney Alvin Bragg, Aronberg, Jack, Smith, ” Aronberg, Trump Walt Handelsman, James Antle III, ” Antle, ” Trump, Biden, Dean Obeidallah, Clay Jones, Tucker Carlson, Ron DeSantis, Lanhee Chen, Joe Biden, DeSantis, David Axelrod, Axelrod, Vivek Ramaswamy, Rich Lowry, “ Ramaswamy, … ”, Lowry, ” Carrie Sheffield, ” Lisa Benson, GoComics.com, ‘, Julian Zelizer, Jeff Zelevansky, Sandra Bullock, Leigh Anne Tuohy, Jill Filipovic, “ it’s, Michael Oher, Sean, Leigh Anne Tuohy —, … Oher, …, Facebook Filipovic, “ Oher, ” Bradley Cooper’s, ’ “, Leonard Bernstein —, Bradley Cooper, ’ —, David M, Perry, Bernstein, Felicia Montealegre, Carey Mulligan, Cooper, ‘ Maestro, ’, Joel Pett, Agency “, Celia Wexler, Joan Meyer, ” Wexler, Don’t, Ric Ward, Sigrid Fry, Alden Wicker, Jay Michaelson, Al Gore, Lauren Hersh, Rebecca Zipkin, David Andelman, Africa —, Michael Coren, Elsie Robinson, UC Berkeley Elsie Robinson, “ Robinson, Allison Gilbert, ” Gilbert, — Organizations: CNN, ”, New, Appeals, New York Daily News, Department, Electoral, Palm, Manhattan, Attorney, “, White House, of Justice, Trump, Agency, GOP, Republicans, Florida Gov, Republican, Fair, Politico, Hawaii, Federal Emergency Management Agency, FEMA, NFL, Oher, Twitter, Netflix, Rican, ” Press, Marion County, Russia, Hearst, San Francisco Examiner, Bancroft Library, UC Berkeley, Google, Smithsonian Locations: Rico, Fulton County, Atlanta, county’s, Georgia, Coffee County, Palm Beach County , Florida, “, Milwaukee, Iowa, GoComics.com Maui, Maui, Delaware, Hawaii, Tennessee, Costa, Rican American, Marion, The Kansas, Revere, Africa

☆ India just ditched the dollar and used its own currency to buy a million barrels of oil from the UAE
▼ + stars: | 2023-08-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

India bought 1 million barrels of oil from the United Arab Emirates using its own currency instead of US dollars. The Indian Oil Corp settled a payment in rupees with the Abu Dhabi National Oil Company. Nations including India, Russia, and other BRICS members have been pushing to de-dollarize. Monday's deal marked India's first crude oil payment to the UAE in rupees. Leaders from BRICS nations — a bloc that includes Brazil, Russia, India, China, and South Africa — have made a particular push for their own non-dollar currency.

Persons: Dedollarization, Stephen Jen Organizations: United, Indian Oil Corp, Abu, Abu Dhabi National Oil Company, Nations, Service, UAE, Eurizon Locations: United Arab Emirates, Abu Dhabi, India, Russia, Wall, Silicon, UAE, China, France, Israel, Brazil, South Africa, Argentina

☆ This energy drink stock can rally more than 20% and overtake Red Bull in the U.S., HSBC says
▼ + stars: | 2023-08-14 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Monster Beverage could be the frontrunner of the global energy drink market, according to HSBC. "We forecast revenue growth for Monster in the US ahead of industry growth, achieved through more targeted marketing and brands." Revenue during this time period from the LatAm and EMEA energy beverage markets should triple from their current levels, he said. "We see room for better occasion-brand package-price-channel segmentation in LatAm, which is where Monster's LatAm bottlers are first in class," the analyst said. According to the note, the energy beverage market is worth over $20 billion in the U.S. and over $70 billion worldwide, and has been among the fastest-growing beverage categories for the past 10 years.

Persons: Carlos Laboy, Laboy, —, Michael Bloom Organizations: Beverage, HSBC, U.S, Bang Energy, America isn't, North America . Revenue, Coke, EMEA, Cola Company Locations: U.S, Canada, America, Europe, East, Africa, North America

☆ Russian officials are fuming after Ukraine isolated it in peace talks that even China attended: 'They're gossiping without us'
▼ + stars: | 2023-08-10 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Kremlin officials are concerned Kyiv is outflanking them diplomatically, The Moscow Times said. In comments to The Moscow Times, four former and current Kremlin officials familiar with Russia's diplomacy were troubled. A former high-ranking Russian diplomat also expressed concern to The Moscow Times about Russia's isolation, but added that Moscow's participation in discussions was necessary for ending the conflict. In recent months, Russia and Ukraine have intensified their struggle to for diplomatic support for their versions of ending the war. Ukraine hopes to persuade nations by pointing to the devastating effect of Russia's war of the grain exports many countries depend on.

Persons: Kremlin wasn't, Moscow —, Stefan Wolf Organizations: Kremlin, Moscow Times, Service, Birmingham University Locations: Ukraine, Saudi Arabia, China, Kyiv, Wall, Silicon, Russia, Jeddah, Beijing, Moscow, Russian, West, Brazil, India, South Africa, Denmark

☆ Drunken Wagner fighters are 'boozing to their heart's content' at train stations in Moscow instead of going home, report says
▼ + stars: | 2023-07-27 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Some Wagner fighters stationed in Belarus have been told to go on leave, Mozhem Obyasnit reported. One relative wrote online that the fighters are "boozing to their heart's content," it said. But many have not made it home and are choosing to get drunk instead, the outlet reported, citing public chat groups between the supposed relatives of Wagner fighters. Several Wagner fighters are ex-convicts who were released on the grounds they fight with the group in Ukraine. In line with an agreement struck by Prigozhin and Belarusian President Alexander Lukashenko after the rebellion, the Wagner Group leader was sent to Belarus.

Persons: Wagner, Mozhem Obyasnit, Yevgeny Prigozhin, haven't, they're, Vladimir Putin's, Prigozhin, Alexander Lukashenko Organizations: Service, Group, BBC, Daily Locations: Belarus, Wall, Silicon, Russia, Syria, Africa, Ukraine, Russian

☆ Welcome to the Dollar War: a Global Fight Over America's Economic Dominance
▼ + stars: | 2023-07-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +17 min

The US even reminded everyone just how influential the buck is when it effectively froze Russia out of the global financial system with sanctions last year. Becoming the issuer of the global reserve currency is about trust. The US has controlled the global reserve currency for 102 years — giving it a special status in the world economy. Still, given that the country controlling the global reserve currency holds that status of an average of 94 years, history seems to indicate it's high time for a successor. Why shouldn't the financial world resemble something closer to the mosaic of cultures, politics, and nations that exists today?

Persons: Chenzi Xu, there's, Xu, —, Ron Temple, Gregory Brew, Eurasia's Brew, dollarizing, Stephen Jen, Jen, we've, Stanford's Xu, Luiz Inácio Lula da Silva, Josh Lipsky, " Lipsky, It's, Alexander Wise, Jan Loeys, Loeys, dollarization, Wise, Lazard's Temple, isn't, Phil Rosen Organizations: Stanford, Federal, European Central Bank, People's Bank of China, Lazard, Publishing, Getty Images, International Monetary Fund, Bank of International Settlements, Eurasia Group, Sandman's, Eurizon, IMF, Atlantic Council, JPMorgan Locations: Russia, Israel, France, China, America, Saudi Arabia, Brazil, India, Pakistan, Bolivia, Iraq, South Africa, Beijing

☆ Why killer whales won’t stop ramming boats in Spain
▼ + stars: | 2023-06-27 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +11 min

The reason why certain whales are taking such a forward interest in boats is still unclear, but experts have a couple of theories. A pod of killer whales (Orcinus orca) swims together in the Strait of Gibraltar in August. The encounter usually ends once the killer whales break the rudder or the boat comes to a complete stop. “The official recommendation is not to do anything at all, turn off the engine or lower the sails and be as uninteresting to the killer whales as possible. “But this very vulnerable little population of killer whales depends on our love for them.

Persons: Daniel Kriz, “, ”, Kriz, ” Kriz, Africa —, Skipper Daniel Kriz, Mónica, González, Champagne, ” González, Alfredo López Fernandez, López Fernandez, Gladis, Worryingly, we’ve, ” López Fernandez, Hanne Strager, Jorge Guerrero, it’s, Strager, ” Strager, “ I’ve, I’ve, “ they’ve, Don’t Organizations: CNN, National Oceanic, Atmospheric Administration, International Union for, Nature, University of Aveiro, Getty Locations: Gibraltar, Europe, Africa, orcas, Strait, Spain, Portugal, Barbate, AFP, “, Pacific Northwest

☆ The inside man who shook the Kremlin: Who is Yevgeny Prigozhin, and what's next for him?
▼ + stars: | 2023-06-26 | by ( Richard Engel | Yuliya Talmazan | ) www.cnbc.com time to read: +8 min

Head of the Wagner Group Yevgeny Prigozhin left the Southern Military District headquarters on June 24, 2023 in Rostov-on-Don, Russia. A St. Petersburg native like Putin, Prigozhin, 62, has one of the most varied biographies among the Kremlin elite. With the full-scale invasion of Ukraine in 2022, Prigozhin was able and eager to again prove his value to Putin. As the Russian army came up against surprisingly strong resistance, Wagner's mercenaries came in handy in the bloodiest of battles. The standoff then exploded and Prigozhin launched an armed rebellion on Friday after alleging that the Russian army fired at his mercenaries.

Persons: Wagner Group Yevgeny Prigozhin, Yevgeny Prigozhin, Vladimir Putin, —, Wagner, Michael A, Horowitz, what's, Prigohzin, Prigozhin, Putin, Read, Bashar al, Assad, Sergei Shoigu Organizations: Wagner Group, Southern Military, Stringer, Anadolu Agency, Getty, Le Beck, NBC News, Putin, Kremlin, Prigozhin, NBC, U.S, Internet Research Agency, Central African, Defense Ministry Locations: Rostov, Don, Russia, Moscow, Belarus, St, Petersburg, Europe, East, Africa, Crimean, Kyiv, Russian, Ukraine, Syria, Central African Republic, Bakhmut, U.S

☆ US says Wagner Group rebellion reveals 'extraordinary' cracks in the 'Russian facade'
▼ + stars: | 2023-06-25 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Russia's mercenary Wagner Group rebelled this weekend, nearly reaching Moscow before calling it off. The Wagner Group, a powerful paramilitary organization led by former Putin ally Yevgeny Prigozhin, took over a Russian military headquarters in Rostov-on-Don without issue on Saturday and then continued to push toward Moscow. Blinken was just one of many US officials monitoring the situation in Russia on Saturday as the Wagner Group marched toward Moscow. "I think we've seen more cracks emerge in the Russian facade," Blinken added. "We'll see if this means that Wagner forces are coming out of Ukraine.

Persons: Wagner, Antony Blinken, Blinken, —, Vladimir Putin, Yevgeny Prigozhin, Prigozhin, Aleksandr Lukashenko, Putin, it's, Africa — Organizations: Wagner Group, Service, Russian, Wagner, NBC News Locations: Moscow, Russian, Rostov, Belarus, Russia, Kyiv, Ukraine, Africa

☆ Russia's foreign minister accuses the West of 'financial blackmail' as BRICS eye adding Saudi Arabia, Iran to economic bloc
▼ + stars: | 2023-06-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Russia's foreign minister slammed the West for its use of "financial blackmail." Saudi Arabia and Iran have requested joining the BRICS economic bloc, South Africa said. Meanwhile, South Africa's ambassador to BRICS also discussed potentially adding Saudi Arabia and Iran to the bloc of developing countries, as both outsider nations have officially requested membership. Lavrov held talks with Saudi Arabia's foreign minister on the sidelines of the BRICS meeting on Thursday, according to the AP. It's also shifted oil exports to China and India at steep discounts after the European Union banned Russian crude imports.

Persons: —, Sergey Lavrov, BRICS, Lavrov, It's Organizations: Service, South Africa —, AP, Saudi, European Union, Carnegie Russia Eurasia Center Locations: Russia, Ukraine, Saudi Arabia, Iran, South Africa, Brazil, India, China, South, Moscow

☆ Comparing an orca's brain to a human's explains why killer whales are the ocean's ultimate apex predator
▼ + stars: | 2023-05-31 | by ( Emily Swaim | ) www.businessinsider.com time to read: +7 min

Orcas also have very wrinkly brains, which enables them to think and process information quickly. Orca and human brains are very similarHuman brains and orca brains have similar regions that make both animals highly sociable, empathetic, and intelligent. Joel W. Rogers/Getty ImagesAn orca's brain is five times larger than a human's, but it has many of the same structures that ours do. In fact, the paralimbic system in orca brains has much more intricate folding and detail than human brains do. Now imagine an orca's brain which is five times larger and has way more wrinkles.

Persons: Orcas, —, They've, Joel W, Lori Marino, Serge Melesan, orcas, Gerard Soury, It's, Marino, South Africa —, Matthew Horwood Organizations: Service, Rogers, The, Sanctuary, Orca Network Locations: South Africa

☆ No, you can’t ride a lion on safari — why more companies are telling travelers ‘no’ these days
▼ + stars: | 2023-05-15 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +1 min

It's one of the dirtiest words in hospitality — and travelers may be hearing it more these days. The travel agency Discover Africa had to say it when potential clients asked if their young son could ride a lion while on safari. "When we said no to riding a lion, the guest asked what other wild animals he could ride," said Susan Swanepoel, a senior travel consultant at Discover Africa. There was the Japanese company that wanted Japanese food, prepared with Japanese ingredients by Japanese chefs, for some 6,000 guests for six weeks surrounding the 2010 FIFA World Cup in South Africa. They wanted me to get hold of the camp manager to go to their tent to change the pillows around for them."

☆ Hurricanes of Data: The Tiny Craft Mapping Superstorms at Sea
▼ + stars: | 2023-05-09 | by ( Porter Fox | ) www.nytimes.com time to read: +35 min

The Tiny Craft Mapping Superstorms at Sea Shortly after dawn on Sept. 30, 2021, Richard Jenkins watched a Category 4 hurricane overrun his life’s work. That August, a sister ship, SD 1031, successfully entered Tropical Storm Henri, but only in its early stages. Hurricane research, modeling and forecasting requires many terabytes of data for every square mile the storm passes through, including vitally important sea-level data from inside a storm. The next day, the depression was upgraded to a tropical storm and officially given the name Sam. And four months later, Tropical Storm Megi killed more than 150, wiped out several villages with landslides and displaced more than a million people.

☆ How the Arts Can Help Us Face the World’s Most Pressing Challenges
▼ + stars: | 2023-05-02 | by ( Farah Nayeri | ) www.nytimes.com time to read: +1 min

This article is part of our special report on the Art for Tomorrow conference that was held in Florence, Italy. FLORENCE, Italy — The world today has twice as many billionaires as it did in 2012, and their wealth has more than doubled since then. These sobering statistics were cited last week at the three-day Art for Tomorrow conference, an annual event organized by the Democracy & Culture Foundation featuring panels moderated by journalists from The New York Times. This year, the event was held in Florence, Italy. Three years after the coronavirus outbreak, the gathering was a chance for arts professionals, collectors, curators and artists to take stock and to ask: Can the arts help meet the challenges that the world faces today?

London CNN —South Africa’s President Cyril Ramaphosa has declared a national state of disaster in response to the country’s drawn-out energy crisis, calling it “an existential threat” to Africa’s most developed economy. Blackouts in South Africa — or load-shedding as they’re known locally — have been lasting for as long as 12 hours a day. Dwayne Senior/Bloomberg/Getty ImagesRamaphosa said Thursday that the national state of disaster would begin with immediate effect. Eskom has very little backup power, which makes it difficult to take units offline to perform crucial maintenance work. Years of mismanagement and systematic corruption are believed to be the key reasons why Eskom has been unable to keep the lights on.

☆ Future of A.I. and quantum computing
▼ + stars: | 2023-01-19 | 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 EmailFuture of A.I. and quantum computingAna Paula Assis believes that embracing the next chapter of digital transformation will be key to help accelerate economic recovery in Europe, Middle East and Africa — and that the hybrid cloud platform, AI and quantum computing will play a large part.

☆ The 2022 Baseball Trivia Extravaganza
▼ + stars: | 2022-12-24 | by ( Tyler Kepner | ) www.nytimes.com time to read: 1 min

In baseball, the Holliday season started in July, when the Baltimore Orioles took a high school infielder named Jackson Holliday with the first pick in the amateur draft. He played like a happy Holliday, reaching base in nearly half of his 90 plate appearances in the minor leagues. He also played for Tony La Russa, who once managed a fellow named Steve Christmas. Matt Holliday played his last game in 2018, the same year Gift Ngoepe — the first major league player from Africa — played his. And here is our annual gift to you: a baseball quiz put together with care, in hopes that your answers soon will be there.

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