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Emmanuel Macron, France's president, delivers a special address on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 17, 2024. Photographer: Hollie Adams/Bloomberg via Getty ImagesFrench President Emmanuel Macron said Wednesday that Europe must be more assertive on the world stage as it confronts an uncertain future for its relations with the U.S. In a possible nod toward the potential re-election of Donald Trump, Macron said that Europe should charge its own path on consequential issues rather than relying too closely on its ally across the Atlantic. Central to those issues are the conflicts in Ukraine and the Middle East, as well as the climate transition, Macron said. Though absent from Davos this year, Trump's potential reelection has been a key topic of conversation at the Alpine resort after he won the Iowa caucuses on Monday.
Persons: Emmanuel Macron, Hollie Adams, Donald Trump, Macron, Republicans — Trump, , Trump Organizations: Economic, Bloomberg, Getty Images, U.S, Republicans Locations: Davos, Switzerland, Europe, United States, Ukraine, U.S, Iowa
The small Swiss Alpine town is again playing host to the World Economic Forum (WEF), where the world's top brass in finance and politics convene each year to try to solve the biggest problems that plague our planet. But the long and winding road to Davos offers another lesser-known benefit, which makes the lengthier commute well worth the while. Here's what was overheard on the connecting trains from Zurich Airport to Davos Platz. OpenAI's media representative declined CNBC's request to interview Altman in Davos, citing a "tight" schedule. One Davos attendee noted their company was in the IP space and had just raised this summer, because "the rights issue is so complicated."
Persons: MacKenzie, OpenAI, Sam Altman, Davos MacKenzie Sigalos, Altman, Marc Benioff, Albert Bourla, reminisced, Sting Organizations: Volvo, Economic, Zurich Airport, Davos Platz, Swiss National Railway, Microsoft, Pfizer, The New York Times, Switzerland Cantonal Police, Disney, Landquart Locations: DAVOS, Switzerland, Manhattan, Scalettastrasse, Davos, Swiss, Zürich, Zurich, Zürich Hauptbahnhof, Saudi Arabia, Grisons, Brazil
DAVOS, Switzerland (AP) — The Earth is heating up, as is conflict in the Middle East. They'll be among more than 2,800 attendees, which also include academics, artists and international organization leaders. OpenAI chief Sam Altman will be in Davos along with top executives from Microsoft, which helped bankroll his company's rise. TRYING AGAIN TO SAVE THE PLANETOf all the lofty hopes in Davos, the perennial one of late has been the search for creative and promising ways to fight climate change. “Davos is a powerful combination potentially, of a lot of concern about the environment, and a lot of high-powered finance present,” she said.
Persons: Isaac Herzog, Volodymyr Zelenskyy, They'll, Bronwen Maddox, Israel's, Herzog, Benjamin Netanyahu's, , Sam Altman, Vladimir Putin, Li Qiang, Ursula von der Leyen, Joe Biden's, Jake Sullivan, Emmanuel Macron, Antony Blinken, Javier Milei, Donald Trump —, Biden, John Kerry, Chatham House's Maddox Organizations: Young Swiss Socialists, Chatham House, Intelligence, Microsoft, European Commission, Chatham, Locations: DAVOS, Switzerland, Russia, Davos, Chatham, Gaza, Yemen, Qatar, Jordan, Lebanon, China, U.S, Dubai, “ Davos
What is the World Economic Forum?
  + stars: | 2024-01-15 | by ( Gaelle Legrand | ) www.cnbc.com   time to read: 1 min
The World Economic Forum is famous for its annual week-long meeting in Davos, Switzerland — so much so, that "WEF" and "Davos" have pretty much become synonymous. Once the meetings are over, WEF packs up and returns to its headquarters 267 miles away in the suburbs of Geneva. Based there are around 600 of the international non-profit organization's more than 800 employees. Its says its mission is "improving the state of the world." Watch our video to learn more about the organization behind one of the world's most high-profile gatherings.
Persons: WEF Locations: Davos, Switzerland, Geneva
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . When I fell in love with a man 16 years my senior, I knew I'd likely be the one left behind. I wasn't prepared for anxiety about our age gapDuring our first years of marriage, I wasn't prepared for the many ways my anxiety over our age difference would manifest. My husband is in excellent health, not just for a man in his 50s, but for anyone.
Persons: , wasn't, I'd, should've, He'd Organizations: Service
Davos Welcomes Global Elites to Solve World’s Problems
  + stars: | 2024-01-14 | by ( Tim Smart | Jan. | At A.M. | ) www.usnews.com   time to read: +4 min
Political, business and other elites will gather once again Monday for the World Economic Forum’s 54th annual meeting in the Alpine hamlet of Davos, Switzerland, to tackle the thorniest of problems, from war to inequality to climate change. The forum is not without its own controversy, having been pegged over the years as a haven for globalists and ruling elites. This year’s conference comes on the heels of a report released Wednesday by think tank The Conference Board detailing findings from a survey of global business leaders, which showed a global economic downturn and inflation are among the top concerns of CEOs worldwide. With Russia’s war in Ukraine and the Israel-Hamas conflict raging on, global political instability also topped the list of things keeping corporate leaders awake at night. Meanwhile, global growth is expected to slow to 2.4% in 2024, according to a report from the World Bank released on Tuesday.
Persons: Bill Clinton, Donald Trump, Nelson Mandela, Jacques Yvez, Tony Blair, Bill Gates, Rupert Murdoch, Bono, Antony Blinken, Li Qiang, Ursula von der Leyen, Emmanuel Macron, Javier Milei, Antonio Guterres, , , Andres Cadena, Elon Musk, Gayle Markovitz, ” Markovitz, Economists Organizations: corporate titans, McKinsey, Republican, White, Trump, World Economic, World Bank Locations: U.S, Israel, Davos, Switzerland, Argentine, China, Ukraine
The most exciting new trains coming in 2024
  + stars: | 2024-01-04 | by ( Ben Jones | ) edition.cnn.com   time to read: +13 min
CNN —Around the world, travelers are flocking back to trains, and demand is increasing across the board for high-speed trains, luxury “land cruises” and long-distance day and night trains. Here are some of the best new trains you’ll be able to take in 2024. Laurie Dieffembacq/Belga/AFP/Getty ImagesLinks between two of Europe’s most visited capitals have traditionally been pretty poor, with no direct trains since the 1990s. Ian Clarke/Alamy Stock PhotoFour continents, 13 countries, and seven luxury trains across 80 days – the ultimate experience for rail travel connoisseurs is due to depart in late 2024. BelmondOne of the world’s greatest luxury train journeys is returning to the rails in 2024 after a four-year gap.
Persons: Laurie Dieffembacq, Dimorestudio, Vita ”, Riva Aquarama, itineraries, Jeroen Berends, Gabriel Bouys, it’s, Jesus Hellin, That’s, Trenitalia, Luigi Ferraris, France –, Railbookers, Ian Clarke, we’ve, , Frank Marini, Alex Halada, There’s Organizations: CNN, Orient, Getty, ÖBB, Austrian Federal Railways, SNCF, Eurostar, National, Europa Press, French, Renfe, FS, Rocky Mountaineer, Royal, Orient Express, Oriental, , Oriental Express, Austrian Railways, Swiss Locations: Swiss, Venice, Paris, Berlin, AFP, Strasbourg, Frankfurt, Italy, Rome, Matera, Palermo, Sicily, Messina, Europe’s, Istanbul, Split, Brussels, Prague, Europe, Dutch, Dresden, Belgian, Roman, Naples, Madrid, Spain, France, Spanish, Barcelona, Lyon, Marseille, Canada, Central Europe, India, South Africa, Eastern, Vancouver, Malaysia, Singapore, Malaysia’s, Kuala Lumpur, Langkawi, Penang, Bangkok, Vienna, Innsbruck, Hamburg, Switzerland, Germany, Zürich, Gornergrat Bahn, Zermatt, Gornergrat, Riffelalp
I cleared the record for "fastest time to visit all sovereign countries" and "fastest time to visit all sovereign countries (female)." These are my picks for the 11 most beautiful countries I've been to. South AfricaCape Town, South Africa where De Pecol ran her Iron man. UCGOver the last 10 years, I've been lucky enough to travel to South Africa for various reasons: a race, a convention, and my 196-country expedition. The very first time I visited Africa, the Cape of Good Hope,(located along the Atlantic coast of the Cape Peninsula in South Africa), was the first bit of awe I'd experienced.
Persons: Cassandra De Pecol, , Guinness, I'm, I'd, Switzerland De Pecol, that's, De Pecol, benedek, I've, Dominica De, United States De Pecol, Matthew Micah Wright, it's, Pecol, Carl Court, It's, Costa Rica De Pecol, Peru De Pecol, Jorge Fernández, Jordan De Pecol, Jordan, Good Hope Organizations: Guinness, Records, Service, World Records, Rockies, Costa Rica De, Puerto, New Zealand, UNESCO, South Africa Cape Locations: Canada, Taiwan, Kosovo, Palestine, Mongolia, Pecol, Russian, Switzerland, AscentXmedia Switzerland, Banff, Toronto, Quebec, Vancouver, Alberta, Dominica, Dominica De Pecol, Bahamas, St, Lucia, United States, Hawaii, Puerto Rico, Guam, Vermont, Colorado, Arizona , California, Utah, Maldives, Costa Rica, Puerto Limon, Papagayo, Guanacaste, Peru, Machu Picchu, CAROLINA PAUCAR Peru, Picchu, New, New Zealand, Auckland, Queenstown, Jordan, Petra, Wadi Rum, South Africa, South Africa Cape Town , South Africa, Cape Town, Africa, Good
TOKYO, Dec 5 (Reuters) - Japanese police have arrested a former worker of Alps Alpine (6770.T) on suspicion of stealing trade secrets, the Japanese electronic components maker said on Tuesday. Alps Alpine said it had brought a criminal complaint against the former employee after determining that the worker had stolen information. Kyodo News reported earlier that the arrested employee was a Chinese man in his 30s who had left Alps Alpine for a job at a major Japanese automaker, where he attempted to use the stolen data. Alps Alpine said in its statement that it would tighten compliance, declining to provide further details about the case citing ongoing police investigation. Reporting by Satoshi Sugiyama Editing by Chang-Ran KimOur Standards: The Thomson Reuters Trust Principles.
Persons: Satoshi Sugiyama, Chang, Ran Kim Organizations: Kyodo News, Thomson Locations: TOKYO, Chinese, Japanese
Tolkien’s imagination – and therefore sadly off limits to tourists – the Hobbiton Movie Set provides a pretty good substitute. The Hobbit sets – mostly facades built into landscaped hillsides – have operated as a tourist attraction in some capacity since 2002, but until recently most of the Hobbit Holes have been out of bounds to visitors. The Hobbiton Movie Set formed the backdrop to the "Lord of the Rings" movies and the subsequent Hobbit trilogy and is now a tourist attraction. Shaun JeffersNow, two fully decorated Hobbit Holes have opened to the public for the first time. Shaun JeffersExploring the Hobbit Holes is now included as part of the Hobbiton tour experience.
Persons: J.R.R, Peter Jackson, , Shaun Jeffers, Hobbiton, , it’s, , crouch, Doom, Conor McNish, Lane, Aragorn, Gandalf, King Théoden, Rohan, ’ ”, ” CNN’s Thomas Page Organizations: CNN, Getty, CNN Travel, Mount, Sunday Locations: New Zealand, Matamata, Waikato, , Auckland, Hobbiton, LOTR, Zealand, South, Ngauruhoe, Ruapehu, London
The San Francisco skyline is seen behind a self-driving GM Bolt EV during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. The California Public Utilities Commission (CPUC) on Friday ordered Cruise to appear at a Feb. 6 hearing for "misleading the Commission through omission regarding the extent and seriousness of the accident" and "making misleading public comments regarding its interactions with the commission." Cruise's troubles are also a setback for an industry dependent on public trust and the cooperation of regulators. GM had told investors Cruise and its technology could generate $50 billion a year in revenue by 2030. Reporting by Hyunjoo Jin in San Francisco and David Shepardson in Washington, Additional reporting by Abhirup Roy in San Francisco; Editing by Richard Chang and Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.
Persons: Elijah Nouvelage, Cruise, Kyle Vogt, Daniel Kan, Jose Alvarado, Ashlyn Kong, Kong, , Tim Piechowski, Waymo, John Reynolds, Gavin Newsom, Mary Barra, Hyunjoo Jin, David Shepardson, Abhirup Roy, Richard Chang, Nick Zieminski Organizations: San, GM Bolt, REUTERS, General Motors, GM, California Public Utilities Commission, CPUC, Cruise, Capital Research, California's Department of Motor Vehicles, Thomson Locations: San Francisco, San Francisco , California, U.S, California, United States, Washington
Many small towns across the United States resemble quaint European villages. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementYou don't have to take a transatlantic flight to feel like you're in Europe this holiday season. Across the United States are small towns that draw inspiration from European countries like Switzerland, Germany, and Sweden, and many are ideal locations to spend the holidays. Here are seven small towns in the US that will make you feel like you jetted off to Europe for the holidays.
Persons: Organizations: Service Locations: United States, Helen, Georgia's, Solvang , California, Europe, Switzerland, Germany, Sweden
Factbox-Attacks in France in Recent Years
  + stars: | 2023-12-02 | by ( Dec. | At P.M. | ) www.usnews.com   time to read: +4 min
Here are some other attacks that have taken place in France in recent years:- Oct 13, 2023 - One teacher was killed and another wounded in a knife attack at a high school in northern French town of Arras on Friday. - June 9, 2023 - A Syrian national wounded four children and two pensioners in a knife attack in the Alpine town of Annecy. Francois Hollande, president at the time, said the hostage-takers had pledged allegiance to Islamic State. The attacker told police he was answering an appeal by Islamic State. Islamic State said it was responsible.
Persons: Emmanuel Macron, Samuel Paty, Prophet Mohammad, Charlie Hebdo, Mickael Harpon, Francois Hollande, Frenchman, Charlie Hebdo’s, Michel Rose, Frances Kerry, Nick Zieminski Organizations: PARIS, Syrian, Police, Paris police, Security, Islamic, Islamic State, Belgian Locations: Paris, Afghanistan, France, French, Arras, Alpine, Annecy, Reims, Nord, Kurdish, Nice, Pakistan, Islamic State, Tunisian, State
Fish and Wildlife Service follows more than two decades of disputes over the risks of climate change, and threats to the long-term survival of the elusive species. They also said habitat loss due to climate change — combined with other problems such as increased development such as houses and roads — will likely harm wolverine populations. Environmentalists have argued in multiple lawsuits against the Fish and Wildlife Service that wolverines face localized extinction from climate change, habitat fragmentation and low genetic diversity. The wildlife service received a petition to protect wolverines in 2000 and the agency recommended protections in 2010. Wolverine trapping was once legal in states including Montana.
Persons: Biden, Donald Trump, Joe Biden, Matt Rosendale, it's, , , Timothy Preso, who's, I’m, , We’ll, Matt Bishop, there's, Obama Organizations: wolverine, wolverines, Wolverines, U.S . Fish, Wildlife Service, Fish and Wildlife Service, and Wildlife Service, Western Environmental Law Center, Trump Locations: Mont, U.S, Rocky, Alaska, Florida, Montana, Sierra Nevada, Montana , Wyoming , Idaho, Washington, California , Utah, Colorado, Oregon, Idaho, Canada
The case involves hedge fund manager George Jarkesy, who the SEC fined and barred from the industry after determining he had committed securities fraud. Critics of the agency have argued that its in-house system gives it the unfair advantage of prosecuting cases before its own judges rather than before a jury in federal court. The case could make it harder for the SEC weed out bad actors in the securities industry, legal experts said. The court in 2018 faulted the way the SEC selected its in-house judges, and in April made it easier for targets of agency actions to mount challenges in federal court. The FINRA case - a constitutional challenge to its structure brought by Utah-based Alpine Securities Corp - is currently before another federal appellate court and eventually could come to the Supreme Court.
Persons: Andrew Kelly, Joe Biden's, George Jarkesy, Jarkesy, infringes, Benjamin Edwards, Edwards, FINRA, James Park, Andrew Chung, Will Dunham Organizations: U.S . Securities, Exchange Commission, SEC, Washington , D.C, REUTERS, Exchange, Circuit, 5th Circuit, Financial Industry Regulatory Authority, University of Nevada, Consumer, U.S, Constitution, Patriot28, Securities, Jarkesy, Alpine Securities Corp, Supreme, UCLA School of Law, Thomson Locations: Washington ,, New Orleans, Constitution's, Las Vegas, Houston, disgorge, Utah
Switzerland to bid for 2030 or 2034 Winter Games
  + stars: | 2023-11-24 | by ( ) www.reuters.com   time to read: +3 min
[1/2] A view shows the Olympic Rings in front of the Olympic House, headquarters of the International Olympic Committee (IOC), during the executive board meeting of the International Olympic Committee (IOC), in Lausanne, Switzerland, March 28, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsGENEVA, Nov 24 (Reuters) - Switzerland on Friday announced it would bid for either the 2030 or 2034 Winter Olympic and Paralympic Games, which would be the third time the Alpine country has hosted the event. Japan's northern city of Sapporo last month dropped its bid for the 2030 Winter Olympics and said it would consider hosting the Games in 2034 or in subsequent years. According to studies by the IOC's future host commission for Winter Games, only 10 nations would be able to host the snow sports of the Olympic Winter and Paralympic Games by 2040. Switzerland - which hosted the Winter Olympic Games in St. Moritz in 1928 and 1948 - has struggled in recent years to get its population behind its Olympic bids.
Persons: Denis Balibouse, Jurg Stahl, Urs Lehmann, Moritz, Gabrielle Tétrault, Farber, Noele, Toby Davis Organizations: Rings, Olympic House, International Olympic Committee, REUTERS, Rights, Paralympic Games, Swiss Olympic Association, Olympic, IOC, Swiss, Swiss Ski Association, Games, Winter Games, Swiss Olympic, Cortina d'Ampezzo, Thomson Locations: Lausanne, Switzerland, Salt Lake City, United States, Sweden, France, Japan's, Sapporo, St, Milan
Mick Schumacher to race for Alpine in world endurance
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +1 min
Formula One F1 - Qatar Grand Prix - Lusail International Circuit, Lusail, Qatar - October 7, 2023 Mercedes' reserve driver Mick Schumacher ahead of the sprint shootout REUTERS/Rula Rouhana/File photo Acquire Licensing RightsNov 22 (Reuters) - Mick Schumacher will race for Alpine in the world endurance championship next season while continuing as Formula One reserve driver for Mercedes. Alpine announced the 24-year-old German, son of seven-times F1 world champion Michael, on Wednesday as one of six drivers competing for them in two A424 Hypercars. Schumacher will join French drivers Nicolas Lapierre, Matthieu Vaxiviere, Charles Milesi and Paul-Loup Chatin as well as Austrian Ferdinand Habsburg. Mercedes confirmed separately that the German, who raced for Haas in Formula One in 2021 and 2022, would continue as their reserve. "A new chapter is beginning for me with Alpine," said Schumacher.
Persons: Mercedes, Mick Schumacher, Rula, Michael, Schumacher, Nicolas Lapierre, Matthieu Vaxiviere, Charles Milesi, Loup Chatin, Austrian Ferdinand Habsburg, I've, Le Mans, Williams, Alan Baldwin, Ed Osmond Organizations: Qatar, One, Mercedes, Alpine, Haas, Formula One, Le, Formula, Thomson Locations: Lusail, Qatar, Paul, Austrian, London
Now, plans to build a multi-million-dollar ski facility on a snowless northern Italian mountain may prove equally challenging. The Lake Como town of Bellagio is among communities backing the reopening of ski facilities. Old turnstiles, ski lift pillars, and even a map of now-vanished pistes can still be found on the mountain. Snow could become even more scarce in the future as the impacts of the climate crisis accelerate. The first plans for the Monte San Primo ski area were passed and the money pledged in early 2022.
Persons: Matteo Colombo, , Roberto Fumagalli, Fumagalli, doesn’t, Monte, George Clooney “ We’ve, George Clooney, , hasn’t, ” Fumagalli, Snow, Roberto Fumagalli ‘, Angelo Barindelli, Alessandro Fermo, It’s, won’t Organizations: CNN, Getty, World Wildlife Fund, Italian Alpine, Alamy, Hollywood, Protesters, Lombardy Regional Council, Facebook, Monte Locations: Messina, Venice, San, Lake Como, Bellagio, Monte San, Mauritius, Cardiff, Bristol, Italy, Ethiopia, of Africa, Lombardy, Monte San Primo
LAS VEGAS (AP) — Ferrari rebounded from a disastrous first day of the Las Vegas Grand Prix with a Charles Leclerc and Carlos Sainz Jr. sweep of Friday night qualifying. After the qualifying run, Sainz was struggling to balance the showmanship of F1's first visit to Las Vegas in 41 years and the damage to the sporting element of the biggest spectacle on the series' 22-race calendar. F1 and owner Liberty Media have spent $500 million on the race that uses the Strip and incorporates several Las Vegas landmarks. “But I see the race as a very good opportunity for F1 and I think F1, it's a good thing that's in Las Vegas and I am enjoying coming to Las Vegas. He's been critical of the event since before he even arrived because he believes F1 has put too much emphasis on the entertainment value of the Las Vegas race.
Persons: — Ferrari, Charles Leclerc, Carlos Sainz Jr, Sainz, Ferrari, , ” Leclerc, Max Verstappen, , Red Bull, He's, ” Verstappen, Carlos, ” George Russell, Pierre Gasly, Williams, Alex Albon, Logan Sargeant, Sargeant . Sargeant, We’ve, ” Lewis Hamilton, Sergio Perez, McLaren, Lando Norris, Oscar Piastri, ___ Organizations: LAS VEGAS, Las Vegas, Ferrari, FIA, Liberty Media, , Red, Las, League, National League, Mercedes, American Locations: Las Vegas, United States, Vegas, Alpine, Florida
[1/5] Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S - November 18, 2023 Ferrari's Charles Leclerc celebrates after qualifying in pole position REUTERS/Finn Blake Acquire Licensing RightsSummaryCompanies Ferrari first and second in Las Vegas qualifyingLeclerc on pole but penalty drops Sainz 10 placesVerstappen to start on front row for Red BullWilliams in surprise third row sweep, McLaren struggleLAS VEGAS, Nov 18 (Reuters) - Charles Leclerc put Ferrari on pole position for the inaugural Las Vegas Grand Prix on Saturday with Red Bull's triple Formula One world champion Max Verstappen stepping up to join him on the front row. Leclerc was fastest in all three qualifying phases down the floodlit Strip, with its neon backdrop of landmark hotels and casinos, for his third pole in the last four races. The Monaco driver was still disappointed with his laps, and a pole time of one minute 32.726 seconds only half a tenth faster than Sainz. Red Bull's Sergio Perez, who can clinch second place overall in the championship this weekend, will start 11th as Sainz drops to 12th. Qualifying started at midnight on Friday, making Las Vegas the first grand prix since Japan in 2019 where the pole position was decided on the same day as the race.
Persons: Ferrari's Charles Leclerc, Finn Blake, Ferrari, Leclerc, Verstappen, Red Bull Williams, Charles Leclerc, Max Verstappen, Ferrari's Carlos Sainz, Sainz, George Russell, Pierre Gasly, Williams, Alex Albon, Logan Sargeant, Valtteri Bottas, Alfa Romeo, Kevin Magnussen, Haas, Fernando Alonso, Aston Martin, Mercedes, Lewis Hamilton, Red Bull's Sergio Perez, MCLARENS, McLarens, Britain's Lando Norris, Oscar Piastri, Aston, Lance, Zak Brown, Alpine's Esteban Ocon, Frenchman, Ocon, Alan Baldwin, Kirsten Donovan, Hugh Lawson Organizations: Las Vegas, Las Vegas Strip, Sainz, McLaren, LAS VEGAS, Monaco, Mercedes, Alfa, U.S, Aston, Sky Sports, Verstappen, Thomson Locations: Las Vegas , Nevada, U.S, Sin City, Dutch, Japan, London
Multipolar world opens up surprising safe havens
  + stars: | 2023-11-17 | by ( Felix Martin | ) www.reuters.com   time to read: +7 min
This new-look cap table leaves the U.S. much more vulnerable to the vagaries of foreign investors than before. In a crisis, foreign investors would rush to buy even more U.S. debt. Reuters GraphicsA less orthodox option would be to invest in emerging markets instead. The last time net equity investment in the U.S. NIIP dipped close to negative territory was as the dot-com bubble was deflating in 2001. In the next six years the U.S. saw net equity outflows equivalent to nearly 30% of GDP.
Persons: Hubert Védrine, Xi Jinping, Joe Biden, , Donald Trump’s, exceptionalism, NIIP, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Reuters, French, U.S, United, United States, Treasury, Equity, U.S . Treasury, Japan, Democratic, Cooperation Council, Peterson Institute for International, Fed, ECB ”, Thomson Locations: United States, tatters, United, U.S, China, Hong Kong, Switzerland, Singapore, Saudi Arabia, South Africa, Argentina, Mexico, Brazil, Vietnam, India, Chile, Democratic Republic of, Congo, Washington
Track officials repair an area of track surrounding a drain as seen from the McLaren VISTA during practice ahead of the F1 Grand Prix of Las Vegas at Las Vegas Strip Circuit on November 16, 2023 in Las Vegas, Nevada. Formula 1's return to Las Vegas was thrown into chaos as the opening practice session was cancelled after just eight minutes of action due to a broken drain cover damaging Carlos Sainz's car. Ocon's Alpine then suffered damage under the red flag when it hit the scattered debris left by the Sainz incident. A further 11 minutes passed before a decision taken to cancel the session, with second practice subsequently pushed back two hours from its scheduled start time to 10am. An FIA statement had earlier said: "Following inspection, it was the concrete frame around a manhole cover that has failed.
Persons: Carlos Sainz's, Sainz's Ferrari, Sainz Organizations: McLaren, Las Vegas, Circuit, Las, FIA Locations: Las Vegas , Nevada, Las Vegas
[1/5] Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S - November 16, 2023 Stewards use a crane to remove the Ferrari of Carlos Sainz Jr. after the cancellation of the first practice session due to a drain cover that came off the asphalt and hit the car. The survival cell, engine, battery and control electronics were all damaged beyond repair during an incident that Ferrari team principal Frederic Vasseur called "unacceptable." "I think it's tough for a team to arrive in Vegas and to have this kind of incident," he said as mechanics rebuilt Sainz's car. read moreAlpine driver Esteban Ocon's chassis also needed to be replaced due to damage but he too returned for second practice. The sessions along the transformed Strip marked F1's return to Las Vegas for the first time in nearly 40 years.
Persons: Carlos Sainz Jr, Sainz, Charles Leclerc, Ferrari, Carlos Sainz, Frederic Vasseur, Esteban Ocon's, Fernando Alonso, Aston Martin, Red Bull's Sergio Perez, Valtteri, Alfa Romeo, Red, Max Verstappen, Verstappen, I've, Mercedes, Lewis Hamilton, I'm, Vasseur, McLaren, Zak Brown, Toto Wolff, Wolff, Leclerc, Haas, Nico Hulkenberg, Kevin Magnussen, Rory Carroll, Alan Baldwin, Miral Fahmy, Toby Davis Organizations: Las Vegas, Las Vegas Strip, VEGAS, Ferrari, FIA, Aston, Alfa, Briton, Liberty, Thomson Locations: Las Vegas , Nevada, U.S, Vegas, Qatar, Las Vegas, Monaco, Baku, Los Angeles, London
LAS VEGAS (AP) — The first Formula One practice of the Las Vegas Grand Prix was halted less than 21 minutes into Thursday night's session after Carlos Sainz Jr. ran over a manhole cover on the track. Race officials released a statement that an inspection by Formula One and FIA determined “a single water valve cover ... Sainz appeared to run over the manhole cover just nine minutes into the practice on the street course that stretches down the famed Strip. The session never resumed, but it took about 11 more minutes for the FIA to cancel the session. Ocon said as he passed Sainz on the track, he believed he hit the dislodged cover.
Persons: Carlos Sainz Jr, Sainz, Ferrari, ” Ferrari, Fred Vasseur, Esteban Ocon, Ocon, ___ Organizations: LAS VEGAS, Las Vegas, Formula One, FIA, Ferrari
Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S. - November 15, 2023 Ferrari's Charles Leclerc talks to the media ahead of the Las Vegas Grand Prix REUTERS/Finn Blake Acquire Licensing RightsLAS VEGAS, Nov 16 (Reuters) - The first practice session of the Las Vegas Grand Prix was cancelled on Thursday just eight minutes in to repair the track after a faulty water valve cover badly damaged Carlos Sainz's Ferrari. Ferrari team principal Frederic Vasseur said two-thirds of the car would need to be changed out and called the situation "unacceptable." "These cars are generating huge amounts of suction underneath now," said Williams Racing team principal James Vowles. Mercedes team principal Toto Wolff lashed out at a reporter who asked how the cancelled practice was not a "black eye" for F1. The brief first test of the course along the transformed Strip marks F1's return to Las Vegas for the first time in nearly 40 years.
Persons: Ferrari's Charles Leclerc, Finn Blake, Carlos Sainz's Ferrari, Frederic Vasseur, Carlos, Vasseur, Esteban Ocon's, Williams, James Vowles, McLaren, Zak Brown, Mercedes, Toto Wolff, Wolff, Haas, Nico Hulkenberg, Kevin Magnussen, Max Verstappen, Logan Sargeant, Rory Carroll, Miral Organizations: Las Vegas, Las Vegas Strip, Las Vegas Grand Prix REUTERS, LAS VEGAS, Prix, Ferrari, FIA, Williams Racing, Thomson Locations: Las Vegas , Nevada, U.S, Baku, Montreal, Las Vegas, Los Angeles
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