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☆ How a Saudi pullback from a landmark US deal is bad news for dollar dominance
▼ + stars: | 2024-06-21 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Saudi Arabia has not renewed a deal that ensures the use of US dollars in the oil trade. The end of this "petrodollar" agreement will dent dollar dominance, the Atlantic Council wrote. This month, Saudi Arabia did not renew a 1974 accord that mandates the exclusive use of greenbacks when selling its crude oil. What's more, US dependence on Saudi oil has slid considerably, given a historic explosion in US domestic production. "China has become Saudi Arabia's largest oil customer, accounting for more than 20% of the kingdom's oil exports.

Persons: —, nonresident, Hung Tran, Tran, What's Organizations: Atlantic Council, Service, Saudi Locations: Saudi Arabia, Europe, American, China, Saudi, Beijing, Riyadh

☆ Dollar scales multi-week highs as other cenbanks more dovish than Fed
▼ + stars: | 2024-06-21 | by ( ) www.cnbc.com time to read: +3 min

Even so, Japan's top currency diplomat Masato Kanda stressed on Friday that Tokyo stands ready to take further "resolute" action against "speculative, excessive volatility". The dollar index was little changed at 105.66, on course for a slight weekly gain that would extend its winning streak to three weeks. Sterling was flat at $1.2657, sticking close to the $1.2655 low from Thursday, a level last seen on May 17. The BoE kept rates on hold, but some policy makers said the decision not to cut was "finely balanced". The European Central Bank kicked off its rate cutting cycle earlier this month.

Persons: Tony Sycamore, Sycamore, Masato Kanda, Sterling, BoE Organizations: U.S, Federal, Swiss, Swiss National Bank, Bank of England, Bank of, IG, U.S . Treasury, European Central Bank, Fed Locations: Japan, China, Tokyo

☆ Europe stocks look set to extend gains after BOE rate hold, Swiss cut; UK retail sales beat forecast
▼ + stars: | 2024-06-21 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Jack Taylor | Getty Images News | Getty ImagesLONDON — European stocks are heading for a cautiously higher open Friday as investors monitor a slew of central bank decisions and data releases. The pan-European Stoxx 600 index is on course for a weekly gain of more than 1.5%, its best performance since early May. Attention this week turned to central bank action, as the Swiss National Bank announced it would cut interest rates by 0.25 percentage points to 1.25%. The SNB became the first major central bank to cut rates during this cycle back in March. The Bank of England meanwhile kept interest rates unchanged at a 16-year high of 5.25%.

Persons: Jack Taylor Organizations: Getty, Equity, European Union Parliament, Reuters, Swiss National Bank, Bank of England Locations: Godalming, United Kingdom, France

☆ WSJ's Greg Ip on the economic impact of upcoming French elections
▼ + stars: | 2024-06-21 | 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 EmailWSJ's Greg Ip on the economic impact of upcoming French electionsGreg Ip, Wall Street Journal deputy economics editor and chief economics commentator, joins 'Squawk Box' to discuss the upcoming French elections, impact on the future of EU, euro and France, and more.

Persons: Greg Ip Organizations: Wall Street, EU Locations: France

☆ Ukraine produces stirring comeback win against Slovakia at Euro 2024
▼ + stars: | 2024-06-21 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

Ukraine suffered a chastening defeat in its opening group game on Monday, producing a dour display in a 3-0 defeat against Romania. But Ukraine looked rejuvenated after the break and came out for the second half with a new sense of belief. “It’s very good emotions for our people of Ukraine who are really missing these emotions,” Rebrov said in his post-match interview on Friday. In this kind of tournament, you can win, you can lose, but it’s very important how you do it. “We deserve this win and I think today we really played with spirit.”

Persons: Mykola Shaparenko, Roman Yaremchuk, Ivan Schranz’s, Shaparenko, Yaremchuk, Serhiy Rebrov, “, ” Rebrov, ” Organizations: CNN —, Slovakia, Ukraine, Romania, CNN Sport, team, CNN, Belgium Locations: CNN — Ukraine, Slovakia, Ukraine

☆ The Taylor Swift Economy Has Landed in Europe
▼ + stars: | 2024-06-21 | by ( Eshe Nelson | ) www.nytimes.com time to read: +1 min

It’s not just Taylor Swift fans keeping a close eye on her Eras Tour dates. One of Europe’s most prominent economists is acutely aware that the singer is spending the summer jetting between Europe’s stadiums. Philip Lane, the chief economist at the European Central Bank, had the pop star on his mind when he spoke at an event on Monday. “You managed to say all that without saying Taylor Swift.”Ms. Swift is touring Europe this summer, bringing in her wake hundreds of thousands of Swifties spending on airfare, hotels, restaurants and friendship bracelets.

Persons: It’s, Taylor Swift, Philip Lane, ”, Ms, Swift Organizations: European Central Bank, Olympics, Wembley Locations: Europe, Paris, Germany

☆ IMF chief says Europe looks like 'an ideas supermarket' for the U.S., calls for further integration
▼ + stars: | 2024-06-20 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Kristalina Georgieva, chief executive officer of the World Bank Group, arrives to a briefing at the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington, DC, US, on Friday, April 19, 2024. Speaking to CNBC's Karen Tso, IMF Managing Director Kristalina Georgieva said Europe's economic performance was strengthening and inflation was clearly on a downward trajectory. One, to achieve the full potential of the single market. Right now, Europe looks like an ideas supermarket for the United States," Georgieva said. [It is] 27 countries not yet integrated in a single market."

Persons: Kristalina Georgieva, Karen Tso, Georgieva Organizations: World Bank Group, International Monetary Fund, Bank, IMF, European Central Bank Locations: Washington , DC, Europe, United States

☆ Copa America 2024 predictions: Who will win it all, how far will the U.S. go? Our writers’ picks
▼ + stars: | 2024-06-20 | by ( The Athletic Soccer Staff | ) www.nytimes.com time to read: +15 min

Click here to follow Copa America on The Athletic and get relevant stories in your personalized feed. AdvertisementMelanie Anzidei: Winning a second Copa America in a row would solidify Argentina’s place as one of football’s greatest teams. With both nations tied on a record 15 Copa America titles each, I’ve got my fingers crossed for a meeting in the final. Cardenas: Luis Diaz scored four goals at the 2021 Copa America, leading Colombia to the semifinals. GO DEEPER The Radar – The Athletic’s Copa America 2024 scouting guideTell us one thing you really want to see happen…Cardenas: The Copa America is such an important tournament for South American countries.

Persons: Angel Di Maria, Lionel Messi, Will Vinicius Junior, Paul Tenorio, I’m, Felipe Cardenas, Messi, Carl De Souza, Jeff Rueter, Melanie Anzidei, Joshua Kloke, Brazil —, Thom Harris, Marcelo Bielsa, I’ve, Tenorio, Lionel Messi Cardenas, Lionel Messi Rueter, Lautaro Martinez Anzidei, Julian Alvarez Kloke, Luis Diaz Harris, Darwin Nunez, Cardenas, Luis Diaz, Diaz, It’s Messi, Vinicius, Gustavo Pagano, Vinicius Jr’s, Harris, … James Rodriguez, Nestor Lorenzo, James Rodriguez, Josh, Jeremy Reper, Enzo Fernandez ’, Yaser, Colombian Phil Foden, Paul, I, Piero Hincapie, Bayer, That’s, Hincapie, Dario Osorio, Alexis Sanchez’s, He’s, Osorio, Santiago Gimenez, Jonathan David, Europe’s, Snagging, … Cardenas, Leon Bailey, Michael Miller, Osorio dazzles, holdovers, Eduardo Vargas, Peru’s Paulo Guerrero, Vargas, Ricardo Gareca’s Organizations: Copa America, The Athletic, Reigning, Argentina, Messi, Saudi, AFP, Getty, Brazil, Guatemala, Inter Milan, C, Uruguay, Group, Colombia, Tenorio, Watford, Bayer Leverkusen, Bundesliga, Premier League, The, Midtjylland, Feyenoord, Canada, Copa, South, U.S, Reggae, MetLife, United, London, Paraguay, Red Bull Arena Locations: United States, Canada, Argentina, Brazil, U.S, Saudi Arabia, Miami, —, Uruguay, Mexico, Colombia, The U.S, Chile, Colombian, England, Asprilla, Ecuador, Chilean, Denmark, Lille, Rueter, Jamaica, Barcelona, Copa America, Spain, Cardenas, Italy, Venezuela, Senegal, France

☆ CNBC's Inside India newsletter: India Inc might not even need a Fed rate cut — but it wants one
▼ + stars: | 2024-06-20 | by ( Ganesh Rao | ) www.cnbc.com time to read: +7 min

The big storyEmerging markets have been on tenterhooks for the better part of this year as the Federal Reserve has been dangling the prospect of an interest rate cut. Historically, as U.S. interest rates fall, the allure of the mighty dollar fades to the benefit of other currencies. Indeed, unlike most developed economies, India's interest rate regime in 2024 isn't any different from that of 2018. There lies the disconnect between the economy, the stock market, and a single stock. Non-bank lender Akme Fintrade India and engineering firm DEE Development Engineers will debut on the stock market on Wednesday.

Persons: Sumant Sinha, we've, Sinha, It's, Fitch, Rahul Jain, Goldman Sachs, Jake Sullivan, Modi, Narendra Modi, CNBC's Charmaine Jacob, Raamdeo Agrawal, CNBC's Tanvir Gill, Jain Organizations: Bloomberg, Getty, Federal Reserve, India Inc, Nasdaq, Reserve Bank of, U.S, Societe Generale, Goldman, Clean Energy, CNBC, Motilal Oswal Financial Services, of India, Bangladesh, Australia, DEE Development Engineers Locations: Tuticorin, India, Reserve Bank of India, Japan, Britain, Delhi

This guide has everything you need about where to watch a free Spain vs. Italy live stream wherever you are in the world. How to watch free Spain vs. Italy live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including Spain vs. Italy today. ET / 8 p.m. BST / 3 a.m. AWSTWhere to watch Spain vs. Italy in the USAFox has picked up the rights to the vast majority of games in the USA, including Spain vs. Italy. ITV specifically has the free Spain vs. Italy live stream today. Where to watch Spain vs. Italy in AustraliaOptus Sport, a paid streaming service, exclusively holds all the Euro 2024 live streams in Australia.

Persons: you'll, ExpressVPN, That's Organizations: Business, BBC, ITV, Olympics, Wimbledon, USA Fox, Fox, Fubo, Nations, Australia Optus Sport, Optus Locations: Spain, Italy, Ireland, USA, Slovakia, Ukraine, Georgia, Australia

☆ Spain 1 Italy 0: Calafiori own goal settles ‘European Clasico’, Nico Williams shines
▼ + stars: | 2024-06-20 | by ( The Athletic Staff | ) www.nytimes.com time to read: +11 min

Meetings between Spain and Italy rarely disappoint and this one was no exception — even if it was an own goal that decided the contest. Victory sees Spain progress to the knockout stage as group winners, while for Italy it’s all to play for against Croatia on Monday. The one-way traffic continued after half-time, and Spain got to 11 efforts at goal without finding the net. Some will focus on Donnarumma pushing Morata’s header into a helpless Calafiori’s path for Spain’s goal. As the team in front of him were run ragged by Williams and Yamal, the 25-year-old Donnarumma kept things dignified.

Persons: Luis de la Fuente, Gianluigi Donnarumma, Riccardo Calafiori, Donnarumma, Alvaro Morata, Nico Williams, Victory, Dermot Corrigan, Mark Carey, James Horncastle, De la Fuente, Williams, Lamine, Fabian Ruiz, Yamal, Alex Gottschalk, Federico Chiesa, Giovanni Di Lorenzo, Calafiori, Rey Manaj, David Inderlied, —, palmed Pedri’s, didn’t, James Horncastle Pedri, Italy’s, Pedri, Luciano Spalletti’s, Bryan Cristante, Nicolo Barella, Mark Carey Nico Williams dazzles Williams, Di Lorenzo, Edith Geuppert –, Spalletti’s, Marc Cucurella, Dermot Corrigan Spain’s, who’s, Lamine Yamal, Riccardo Calafiori 😬, Ruiz, aly Organizations: ”, Athletic Bilbao, Croatia, De, Italy, Images, Albania, Getty, Paris Saint, League, Barcelona, Athletic, Spain, Premier League Locations: Spain, Italy, Gelsenkirchen …, Gelsenkirchen, Paris, Barella, Spain’s, Calafiori, ain

☆ Kylian Mbappé: France captain wears tricolore mask in training after breaking nose at Euro 2024
▼ + stars: | 2024-06-20 | by ( Ben Church | ) edition.cnn.com time to read: +1 min

CNN —Soccer superstar Kylian Mbappé was pictured wearing a French-inspired tricolore mask during a training session on Thursday, after the France captain broke his nose during the team’s opening Euro 2024 win against Austria three days ago. There had been fears the injury might rule Mbappé out of his nation’s second Group D match of Euro 2024 against the Netherlands on Friday, but France manager Didier Deschamps told reporters Thursday that the star should be available. The French Football Federation (FFF) said Mbappé was then taken to a local hospital, where X-rays confirmed the break. The swelling has come down on his nose,” France forward Antoine Griezmann said, per Reuters. “We’ll see the last minute, depending on how he’s feeling.”Mbappé was involved in non-contact training on Wednesday, wearing plasters over his nose.

Persons: Kylian Mbappé, Didier Deschamps, ” Deschamps, Kevin Danso, Mbappé, Kylian, Antoine Griezmann, “ We’ll, ” Mbappé Organizations: CNN — Soccer, Austria, Reuters, French Football Federation Locations: France, Netherlands, Poland

☆ Serbia scores last-gasp equalizer against Slovenia in dramatic Euro 2024 draw
▼ + stars: | 2024-06-20 | by ( Ben Church | ) edition.cnn.com time to read: 1 min

CNN —Serbia scored a dramatic stoppage-time equalizer to draw 1-1 against Slovenia on Thursday, a result which keeps its Euro 2024 dreams very much alive. Luka Jović’s header in the 95th minute of the match sparked frenzied scenes inside Munich’s Allianz Arena, a goal which also denied Slovenia its first ever win at a European Championships. Žan Karničnik had seemingly won the game for Slovenia after his second-half strike, but Serbia kept playing until securing its dramatic equalizer in the very last passage of play. The result means Serbia sits bottom of Group C on one point, with Slovenia in second with two points.

Persons: Luka, Žan Karničnik Organizations: CNN — Serbia, Slovenia, Munich’s Allianz Locations: Serbia, Slovenia

☆ Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
▼ + stars: | 2024-06-20 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. The Swiss National Bank on Thursday trimmed its key interest rate by 25 basis points to 1.25%, continuing cuts at a time when sentiment over monetary policy easing remains mixed among major economies. The figures assumes a SNB interest rate of 1.25% over the prediction period. Switzerland already has the second-lowest interest rate of the Group of Ten democracies by a wide margin, following Japan. It became the first major economy to cut interest rates back in late March and was earlier this month followed by the European Central Bank, and questions are now mounting over whether it will proceed with a third rate cut this year.

Persons: Kyle Chapman Organizations: Swiss National Bank, Reuters, Swiss, U.S ., Nomura, European Central Bank, Ballinger Group, U.S . Federal Reserve, Bank of England Locations: Zurich, Switzerland, Swiss, London, Japan

☆ Bank of England holds interest rates steady despite inflation easing to 2% target
▼ + stars: | 2024-06-20 | by ( Jenni Reid | ) www.cnbc.com time to read: 1 min

General view of the Bank Of England building in London. LONDON — The Bank of England on Thursday opted to keep interest rates steady at its June meeting, confirming market expectations even after U.K. inflation hit its 2% target. It keeps the central bank's key rate at a 16-year high of 5.25%, where it has been held since August 2023. Seven members of the Monetary Policy Committee voted to hold, while two favored to cut, the same as during the bank's May meeting. However, economists say the U.K.'s continued high rates of services and core inflation suggest the potential for ongoing upward pressure.

Organizations: Bank, LONDON, Bank of England, Monetary Locations: London

☆ England stutters to 1-1 draw against Denmark at Euro 2024
▼ + stars: | 2024-06-20 | by ( Ben Church | ) edition.cnn.com time to read: 1 min

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☆ Opinion: Don’t expect footballer Kylian Mbappe to swing the French election
▼ + stars: | 2024-06-20 | by ( Opinion Adam Plowright | ) edition.cnn.com time to read: +7 min

Paris CNN —French soccer superstar Kylian Mbappé made a dramatic foray into the country’s election campaign this week, but don’t expect the striker to have an influence on the outcome. The far-right National Rally party of anti-immigration leader Marine Le Pen is leading in the polls, and most pundits suspect her populist movement has never come this close to power. Leaders of the French far-right National Rally, Marine Le Pen and Jordan Bardella, attend a rally ahead of the European Parliament elections where the party had huge success earlier this month. In 2006, Marine Le Pen’s father, far-right patriarch Jean-Marie Le Pen, suggested there were too many “players of color” on the national side. While millions will cheer them on at the Euros, they serve as a visible reminder of the country’s changing demographics — an issue which animates voters for the National Rally like no other.

Persons: Adam Plowright, “, Emmanuel Macron —, Read, Kylian Mbappé, Adam Plowright Adam Plowright, ”, Marcus Thuram, Mbappé, Emmanuel Macron, Marine, Macron, Le Pen’s, Le Pen, Jordan Bardella, Gonzalo Fuentes, Bardella, today’s TikTok, Thuram —, Lilian, Aime Jacquet, Stu Forster, Marcel Desailly, Zinedine Zidane, Didier Deschamps, Le, Jean, Marie Le Pen Organizations: Paris CNN —, UEFA, “, Real Madrid, Ipsos, Reuters, YouTube, Brazil, National Locations: Paris CNN — French, Germany, Paris, Cameroon, Algeria, France, United States, Europe, Guadeloupe

☆ Sterling steady ahead of BoE decision; dollar wobbles against yen
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: +3 min

The British pound held broadly steady on Thursday ahead of a rate decision from the Bank of England later in the day, while the dollar was on the back foot as it awaited fresh market catalysts. The British pound held broadly steady on Thursday ahead of a rate decision from the Bank of England later in the day, while the dollar was on the back foot as it awaited fresh market catalysts. Sterling last bought $1.2719 after having eked out a slight gain in the previous session, while the euro rose 0.03% to $1.0747. The dollar slipped 0.05% against the yen to 157.99, though the Japanese currency remained not too far from an over one-month low of 158.255 per dollar hit last week. The BoE is widely expected to keep rates steady on Thursday, and the focus will be on any guidance on how soon an easing cycle could begin.

Persons: BoE, Tony Sycamore, Rodrigo Catril Organizations: Bank of England, Sterling, Wednesday, IG, Swiss National Bank, Swiss, National Australia Bank, New Zealand Locations: United States, Switzerland, Norway, France

☆ Euro 2024 day six: Germany advance, MLS history, comedy goals, don’t trust world rankings
▼ + stars: | 2024-06-19 | by ( The Athletic Uk Staff | ) www.nytimes.com time to read: +10 min

A 2-0 victory over Hungary sent Germany through to the round of 16, and they got there pretty comfortably. Shaqiri was actually a surprise selection for Switzerland’s second Euro 2024 game against Scotland on Wednesday. Albania, just like against Italy, were ahead and could have pulled off the greatest result in their footballing history. Schar briefly joins the own goals club (Photo: Alex Grimm/Getty Images)Tim SpiersTalking of shocks, do world rankings matter? If the alternative is FIFA executives arbitrarily deciding on seedings among themselves, then it’s probably worth having official rankings.

Persons: Toni Kroos, Antonio Rudiger, Jamal Musiala, Florian Wirtz, Kai Havertz, Ilkay Gundogan, Wirtz, Robert Andrich, Tom Weller, Joshua Kimmich, Leroy Sane, Rudiger, Jonathan Tah, Sam Lee, Xherdan Shaqiri, Shaqiri, Kirill KUDRYAVTSEV, It’s, he’s, Nick Miller, Hysaj, Ante Budimir, Luka Sucic, Berat Djimsiti, Klaus Gjasula, Gjasula, Maximilian Wober, Robin Hranac, Fabian Schar, Scott McTominay’s, Yann Sommer’s, Schar, Alex Grimm, Tim Spiers, Poland —, GABRIEL BOUYS, it’s, Michael Cox What’s, Stefan Matzke – Organizations: England, European Championship, MLS, Albania, Hungary, Musiala, Getty, Sam Lee MLS, Chicago Fire, Scotland, Major League Soccer, Shaqiri, Croatia, Luka, Portugal, UEFA, Scottish, Belgium, Monday, Championship, FIFA, … Locations: Denmark, Spain, Italy, Slovenia, Serbia, Germany, Hungary, South America, Scotland, Switzerland, Croatia, Albania, Swiss, Berat Djimsiti …, Czech Republic, Poland, AFP, Israel, Morocco, … Slovenia

☆ UK inflation is finally back at 2%. Here’s why rate cuts are still ‘off the table’
▼ + stars: | 2024-06-19 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

That suggests the Bank of England won’t follow the European Central Bank in cutting interest rates when it meets Thursday. A rate cut in August, when UK policymakers meet next, is now also less likely. Other economists, including analysts at Nomura, thought an August rate cut was still possible if pay rises and the price of services cooled further. “For an August rate cut, we will need other economic news to play ball,” the analysts wrote in a note. UK inflation peaked at 11.1% in October 2022, driven to a 41-year high by surging food and energy costs.

Persons: ”, Zara Noakes, Rebecca Florisson, Jake Finney Organizations: London CNN —, Bank of, Bank of England, European Central Bank, JPMorgan Asset Management, Nomura, “ Workers, Work Foundation, Lancaster University, PwC Locations: United Kingdom, England, United States, Europe

Just a quick heads-up: you'll need to use a VPN to access any of the free Germany vs. Hungary live stream options from outside their original broadcast country. How to watch free Germany vs. Hungary live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including Germany vs. Hungary today. ET / 5 p.m. BST / 12 a.m. AWSTWhere to watch Germany vs. Hungary in the USAFox has picked up the rights to the vast majority of games in the USA, including Germany vs. Hungary. BBC specifically has the free Germany vs. Hungary live stream today. Where to watch Germany vs. Hungary in AustraliaOptus Sport, a paid streaming service, exclusively holds all the Euro 2024 live streams in Australia.

Persons: Hungary's humbling, you'll, ExpressVPN, That's Organizations: Business, BBC, Olympics, Wimbledon, USA Fox, Fox, Fubo, Nations, ITV, Australia Optus Sport, Optus Locations: Switzerland, Germany, Hungary, Ireland, USA, Slovakia, Ukraine, Georgia, Australia

☆ Albania rescues dramatic draw against Croatia in Euro 2024 thriller
▼ + stars: | 2024-06-19 | by ( Ben Church | ) edition.cnn.com time to read: 1 min

This guide has everything you need about where to watch a free Portugal vs. Czechia live stream, and there are plenty of viewing options worldwide, both paid and free. How to watch free Portugal vs. Czechia live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including Portugal vs. Czechia today. ET / 8 p.m. BST / 3 a.m. AWSTWhere to watch Portugal vs. Czechia in the USAFox has picked up the rights to the vast majority of games in the USA, including Portugal vs. Czechia. BBC specifically has the free Portugal vs. Czechia live stream today. Where to watch Portugal vs. Czechia in AustraliaOptus Sport, a paid streaming service, exclusively holds all the Euro 2024 live streams in Australia.

Persons: Ronaldo, you'll, ExpressVPN, That's Organizations: Business, Czechia, BBC, Olympics, Wimbledon, USA Fox, Fox, Fubo, Nations, ITV, Australia Optus Sport, Optus Locations: Portugal, Ireland, USA, Slovakia, Ukraine, Georgia, Czechia, Australia

☆ I ask men if they have a pension plan before I seriously date them. It's not because I care how much money they have.
▼ + stars: | 2024-06-18 | by ( Nicola Prentis | ) www.businessinsider.com time to read: +5 min

isn't the first question I ask a date but it's high on my list if I'm considering an actual relationship. But I have to ask about pensions to really find out where our future is heading as a couple. I ended it and truly hope he put that flower money toward a pension. So when I'm asking if a guy has a pension, what I'm really asking is: "Are you thinking about the future or just about enjoying today?" But, to me, I can enjoy the present more if it's not ruined by worrying about what will happen later if I don't have money.

Persons: It's, spender, I've, —, I'm Organizations: Service, Nike Locations: Spain

☆ Marlene Engelhorn: Austrian pro-tax heiress gives wealth to social, climate, left-wing groups
▼ + stars: | 2024-06-18 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

Reuters —An heiress who has denounced the absence of taxes on wealth and inheritance in Austria has given the bulk of her money, 25 million euros ($27 million), to 77 organizations, including social and climate groups, as well as prominent left-wing ones. A spokesman said the 25 million euros was “the overwhelming bulk” of her wealth, though she retains an undisclosed sum. Engelhorn is a descendant of Friedrich Engelhorn, who founded German chemicals giant BASF in 1865. When Engelhorn-Vechiatto died in 2022, Marlene inherited a large sum. “Now, it is up to the political actors to do justice to what this group representative of the Austrian population has embodied,” Engelhorn said, calling for more debate on these issues.

Persons: Marlene Engelhorn, ” Engelhorn, ”, Engelhorn, Friedrich Engelhorn, Gertraud Engelhorn, Vechiatto, Marlene, Joe Klamar, Elisabeth Klein Organizations: Reuters, BASF, Concordia, Getty, Momentum Institute, Austrian Nature Conservation Federation Locations: Austria, Austrian, “, Vienna, AFP

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