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☆ Estonia PM says she 'understands' Zelenskyy frustration on NATO
▼ + stars: | 2023-07-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEstonia PM says she 'understands' Zelenskyy frustration on NATOKaja Kallas, PM of Estonia, speaks to CNBC's Steve Sedgwick at the NATO summit in Vilnius, Lithuania.

Persons: NATO Kaja Kallas, Steve Sedgwick Organizations: Estonia PM, NATO Kaja, NATO Locations: Estonia, Vilnius, Lithuania

☆ NATO summit begins in Vilnius this week
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNATO summit begins in Vilnius this weekCNBC's Steve Sedgwick reports from Vilnius where the Ukraine war and Sweden's accession will be key topics at a NATO summit this week.

Persons: Steve Sedgwick Organizations: NATO Locations: Vilnius, Ukraine

☆ Lithuania says on eve of NATO summit that providing Ukraine with a pathway to membership is an 'achievable goal'
▼ + stars: | 2023-07-10 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Lithuania's president said Monday that establishing a pathway for Ukraine's NATO membership is an "achievable goal," even as lesser security assurances have been touted by members of the military alliance ahead of a two-day summit this week. But this is not a replacement for the full-fledged membership in NATO," Nauseda said. Asked whether Ukraine would receive a pathway to membership at this week's meeting, Nauseda said it was possible. "I think it's [an] achievable goal and this is a very important goal too," he said. Kyiv applied for fast-track NATO membership in Sept. 2022 in retaliation against Moscow after it said it had annexed four Ukrainian regions amid its full-scale invasion.

Persons: Steve Sedgwick, Gitanas Nauseda, Joe Biden, Washington, Olaf Scholz, Nauseda, Vladimir Putin Organizations: NATO, U.S, Sunday, Ukraine Locations: Vilnius, Lithuanian, Ukraine, Israel, Kyiv, Moscow, Russian

☆ 'We do not want only a ceasefire': EU chief calls for lasting peace in Ukraine
▼ + stars: | 2023-06-21 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

LONDON — A ceasefire in Ukraine is not enough for European officials, who want lasting peace in the region, European Commission President Ursula von der Leyen told CNBC. So it has to be a real peace," von der Leyen said on the sidelines of a conference on reconstruction efforts for Ukraine. Speaking to CNBC's Steve Sedgwick, von der Leyen said that China can nevertheless be a crucial player in the peace process. Her comments come as western governments seem to be stepping up their efforts for the future reconstruction of Ukraine. Von der Leyen said the two-day meeting in London was about governments coordinating their aid to Kyiv, but also about convincing private investors to join in.

Persons: Ursula von der Leyen, von der Leyen, Steve Sedgwick, Rishi Sunak, Von der Leyen Organizations: CNBC, Military, Kyiv, UN, Wednesday, European Union, World Bank, European Locations: Ukraine, Kyiv, Russian, Moscow, Russia, Crimea —, China, Crimea, London, Nova

☆ The 10 fastest-growing jobs over the next 5 years—some pay over $100,000
▼ + stars: | 2023-05-03 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

New technologies and the escalating climate crisis are changing the landscape of work at an "unprecedented rate," according to a new report from the World Economic Forum. Between now and 2027, 69 million jobs will be created worldwide— but 83 million roles are expected to be eliminated, creating a net decrease of 14 million jobs, the WEF reports. Their findings are largely based on a survey of 803 companies that employ a total of 11.3 million workers in 45 different economies around the world. The rise of generative AI and other smart technologies as well as the drive to "go green" will lead some jobs to soar in demand over the next five years, and put others at risk of becoming obsolete. Coca-Cola, for example, is using AI to improve customer service and ordering and experimenting with ChatGPT to "enhance marketing capabilities and business operations," per its latest earnings report.

☆ Nearly 25% of jobs are set to be disrupted in the next five years — and A.I. could play a key role: World Economic Forum
▼ + stars: | 2023-05-02 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Nearly 25% of jobs are set to be disrupted in the next five years, according to the World Economic Forum's latest 'Future of Jobs' report. The world of work is set to go through major changes in the coming years — with almost a quarter of jobs changing in the next five years, according to a new report from the World Economic Forum. Some 23% of jobs will be disrupted, WEF said in its 'Future of Jobs' report, with some eliminated and others created. Crucially, WEF expects there to be 14 million fewer jobs overall in five years' time, as an estimated 83 million roles will disappear, while only 69 million will emerge. The report's findings are largely based on a survey of 803 companies that employ a total of 11.3 million workers in 45 different economies around the world.

☆ Randstad CEO: A.I. will support tasks, but human skills still needed
▼ + stars: | 2023-05-02 | 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 EmailRandstad CEO: A.I. will support tasks, but human skills still neededSander van't Noordende, CEO at Randstad, speaks to CNBC's Steve Sedgwick from the World Economic Forum's headquarters in Geneva, Switzerland.

☆ 'A mountain of bureaucracy': German MP Klöckner discusses challenges facing the European Union right now
▼ + stars: | 2023-05-02 | 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'A mountain of bureaucracy': German MP Klöckner discusses challenges facing the European Union right nowGerman MP Julia Klöckner tells CNBC's Steve Sedgwick that the European Union worked really well together during Covid, but things are more difficult when it comes to the energy crisis.

☆ Want to invest in the A.I. boom? Veteran tech fund manager names 4 stocks to own
▼ + stars: | 2023-04-21 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

Artificial intelligence is no longer a futuristic fantasy but closer to a reality predicted to transform many industries. "It's still very early, but ChatGPT described as the iPhone moment for the artificial intelligence technology industry feels about right to us." The tech fund manager also told CNBC's Pro Talks that four large-cap stocks were driving some of the biggest and most tangible advancements in artificial intelligence. Microsoft Microsoft could be one of the top options for investors looking to invest in artificial intelligence, according to Rogoff, lead manager of Polar Capital Technology Trust plc. The tech fund manager pointed to the company's 90% market share in search, where it can deploy its own ChatGPT-like language model.

☆ CNBC Pro Talks: Meet a fund manager who bet on A.I. before most investors knew what it was
▼ + stars: | 2023-04-19 | by ( ) www.cnbc.com time to read: +2 min

The S&P 500 is up more than 8% this year led by a basket of mega-cap stocks, including chip stock Nvidia , which is up by around 90%. Both stocks are among Polar Capital Technology Trust's top 10 holdings. The fund manager also discussed the impact of a recession on FAANG stocks, which have been the primary drivers of the market rally this year. He joined Polar Capital in 2003. He's the lead manager of the Polar Capital Technology Trust, and fund manager of the Polar Capital Global Technology Fund and the Automation and Artificial Intelligence Fund.

☆ CNBC Pro Talks: Meet a fund manager who bet on A.I. five years ago
▼ + stars: | 2023-04-18 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

The investment manager set up a fund focused on artificial intelligence a full 5 years ago — well before AI was on every investor's lips. He's the lead manager of the Polar Capital Technology Trust, and fund manager of the Polar Capital Global Technology Fund and the Automation and Artificial Intelligence Fund. The funds' top holdings include chip giants as well as software and other tech stocks such as Nvidia , Advanced Micro Devices , Microsoft and Apple . He's the lead manager of the Polar Capital Technology Trust, and fund manager of the Polar Capital Global Technology Fund and the Automation and Artificial Intelligence Fund. The funds' top holdings include chip giants as well as software and other tech stocks such as Nvidia , Advanced Micro Devices , Microsoft and Apple .

☆ A green transition will require trillions of dollars. It'll be a 'tall order' to find the cash, but there's hope
▼ + stars: | 2023-04-04 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +3 min

"There's reason for great encouragement in what we've seen ... [happening] in the last year," Mark Dooley, global head of Macquarie Asset Management's Green Investment Group, said. The shift to a low and zero carbon future will require cutting edge technological innovation alongside huge levels of investment. Referencing the global situation, Dooley added: "We've just had our first year, in 2022, where we punched through a trillion dollars going into the energy transition — a trillion dollars." According to the International Energy Agency, clean energy investment will need to hit over $4 trillion a year by 2030 in its Net Zero Emissions by 2050 Scenario. What it calls "transition technologies" would account for 80%, or $35 trillion, of this.

☆ Green transition won't be perfect and we'll need natural gas, World Energy Council CEO says
▼ + stars: | 2023-04-03 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +3 min

"We need to get electrification going faster," said Angela Wilkinson, the secretary general and CEO of the London-based World Energy Council. Described by the International Energy Agency as a "versatile energy carrier," hydrogen has a diverse range of applications and can be used in a wide range of industries. One method of producing hydrogen involves electrolysis, a process through which an electric current splits water into oxygen and hydrogen. In looking at the overall picture, the World Energy Council's Wilkinson stressed there are no easy answers. "It's not that it's a simple issue of just swapping out one technology for another technology," she said.

☆ 'Nationalizing bond markets' left central banks unprepared for inflation, top HSBC economist says
▼ + stars: | 2023-03-31 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

"Part of the problem with QE was the fact that you're basically nationalizing bond markets. Bond markets have a very very useful role to play when you've got inflation, which is they're an early warning indicator," King told CNBC's Steve Sedgwick. Central banks around the world have hiked interest rates aggressively over the past year in a bid to rein in soaring inflation, after a decade of loose financial conditions. The swift rise in interest rates has intensified concerns about a potential recession and exposed flaws in the banking system that have led to the collapse of several regional U.S. banks . The prolonged period of loose monetary policy after the global financial crisis equated to central banks "nationalizing bond markets," and meant policymakers were slow off the mark in containing inflation over the past two years, according to HSBC Senior Economic Adviser Stephen King.

☆ SVB is 'probably the first of a series' of bank failures, Ambrosetti's De Molli says
▼ + stars: | 2023-03-31 | 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 EmailSVB is 'probably the first of a series' of bank failures, Ambrosetti's De Molli saysValerio De Molli, managing partner and CEO at The European House – Ambrosetti, speaks to CNBC's Steve Sedgwick from the banks of Lake Como, Italy. He says uncertainty across the world's banking industry is concerning.

☆ It's the U.S., not Europe's banking system that's a concern, top economists say
▼ + stars: | 2023-03-31 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

A central theme at the Ambrosetti Forum in Italy on Thursday and Friday was the potential for further instability in financial markets, arising from problems in the banking sector — particularly against a backdrop of tightening financial conditions. The move of 2018 was part of a broad rollback of banking rules put in place in the aftermath of the crisis. Although lauding the progress made in Europe, Papaconstantinou emphasized that it is too early to tell whether there is broader weakness in the banking system. It is not an environment where we can sit back and say, 'okay, this was just two blips, and we can continue as usual'. "We learnt the lessons of the financial crisis, there's been deep restructuring in this decade, and they are in a stronger position than in the past, obviously."

☆ Latvia president: Ukraine conflict cannot end until Russia moves back to recognized borders
▼ + stars: | 2023-02-21 | 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 EmailLatvia president: Ukraine conflict cannot end until Russia moves back to recognized bordersLatvian President Egils Levits speaks to CNBC's Steve Sedgwick in Warsaw ahead of the one-year anniversary of Russia mounting a large-scale invasion of Ukraine.

☆ More than 13,000 Nigerian residents take Shell to court over oil spills
▼ + stars: | 2023-02-02 | by ( Sam Meredith | ) www.cnbc.com time to read: +3 min

Residents fetch water from a well contaminated by oil pollution at Ogale Town, Eleme in southeast Nigeria, on June 13, 2015. Afp Contributor | Afp | Getty ImagesOver 13,000 residents from two Nigerian communities are seeking damages from Shell in the High Court in London, calling for the energy giant to clean up residual oil and compensate devastating environmental damage. Shell, which reported its highest-ever annual profit of nearly $40 billion on Thursday, argues that the communities have no legal standing to enforce clean-up of the oil spills. Shell said in 2021 that it plans to leave the Niger Delta and sell its onshore oilfields and assets after 80 years of operations. "It appears that Shell is seeking to leave the Niger Delta free of any legal obligation to address the environmental devastation caused by oil spills from its infrastructure over many decades," Leader said.

☆ India is a true bright spot in the midst of a global downturn, top execs and policymakers say
▼ + stars: | 2023-01-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +5 min

But India does shine out among the world's biggest economies, with Europe hovering on the brink of potential recession and U.S. growth slowing. "It's for the whole digital India, and creating a digital society in India," Ekholm told CNBC. watch nowIndia, he continued, "will very shortly have the best digital infrastructure outside of China," driven by telecoms juggernauts Bharti Airtel and Jio, he added. Strong tailwinds"We are very optimistic and very positive on India," the chief executive of Tata Consultancy Services, Rajesh Gopinathan, told CNBC. As Anish Shah, chief executive of Mahindra Group, told CNBC: "India will get impacted.

☆ Irish premier hopeful of post-Brexit trade talk breakthrough — but ‘we’re not there yet’
▼ + stars: | 2023-01-19 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Taoiseach Leo Varadkar talking to the media outside the Stormont hotel on Jan. 12. Irish premier Leo Varadkar on Thursday said there has yet to be a breakthrough over Northern Ireland's post-Brexit trade rules, but expressed hopes that an agreement is within reach. I am hopeful that we will get there," Taoiseach (Irish Prime Minister) Varadkar told CNBC's Steve Sedgwick at the World Economic Forum in Davos, Switzerland. "I think certainly Prime Minister [Rishi] Sunak and the British government seem to be very serious about coming to an agreement and settling this issue. And I think there is increased flexibility from the European Union side, which includes Ireland, around coming to an agreement."

☆ The whole West is threatened if an aggressor isn't challenged, Dutch PM says
▼ + stars: | 2023-01-19 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +1 min

Europe needs to do more to support Ukraine, according to the Dutch prime minister. "If an aggressor is not challenged and can go about his business, it won't end with Ukraine. The whole West is threatened," Rutte told CNBC, as he discussed Europe's response to the war in Ukriane at the World Economic Forum in Davos. "People feel that this is about values, that we cannot accept one country invading another country … It is also about our collective safety," he added. Rutte also said Europe needs to do more to help Ukraine, but that the issue of sending tanks is "a sensitive decision."

☆ UK Business Secretary: Prime Minister Sunak is at home focusing on domestic priorities
▼ + 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 EmailUK Business Secretary: Prime Minister Sunak is at home focusing on domestic prioritiesGrant Shapps, secretary of state for business, energy and industrial strategy for the U.K., speaks to CNBC's Steve Sedgwick at Davos 2023.

☆ Greta Thunberg and other climate activists discuss the energy transition at Davos
▼ + stars: | 2023-01-19 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 5:15 a.m. Please refresh the page if you do not see a player above at that time.] Alongside IEA Executive Director Fatih Birol, activist Greta Thunberg is taking part in the CNBC-moderated panel with youth climate advocates Vanessa Nakate, Helena Gualinga and Luisa Neubauer. The four climate activists arrived in Davos having recently composed an open letter to the CEOs of fossil fuel companies through the non-profit website Avaaz. Moderated by CNBC's Steve Sedgwick, the panel at Davos, Switzerland, will debate how the world can rapidly accelerate the clean energy transition.

☆ Putin is a tyrant who wants to enslave Ukraine, Poland's president says
▼ + stars: | 2023-01-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Russian President Vladimir Putin speaks during a news conference after a meeting of the State Council on youth policy in Moscow, Russia, December 22, 2022. Sergey Guneev | Sputnik | ReutersPoland's president, Andrzej Duda, has slammed his Russian counterpart, saying Vladimir Putin is behaving like a colonialist. "Vladimir Putin wants to enslave Ukraine, he wants to expand his regime across the Ukrainian territory, [to] take away Ukrainians' freedom. Polish President Andrzej Duda and Ukrainian President Volodymyr Zelensky shake hands and hug during their press conference on August 23, 2022 in Kyiv, Ukraine. Or do we think that the free world can progress and every country has the right to self-determine?"

☆ Top business leaders discuss financial innovation at the World Economic Forum
▼ + stars: | 2023-01-17 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 2:30 a.m. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC's Steve Sedgwick, top business leaders discuss at Davos, Switzerland, how financial actors respond to ongoing disruptions while keeping pace with technological advancement. Joining CNBC is Ronald P. O'Hanley, the chairman and chief executive officer at State Street Corporation, Lynn Martin, president of NYSE Group Inc., Dan Schulman, the president and chief executive officer at PayPal, Mark Suzman, the chief executive officer of the Bill & Melinda Gates Foundation and Mohammed Al-Jadaan, the minister of finance for Saudi Arabia. Subscribe to CNBC on YouTube.

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