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☆ China and Philippines already at odds over South China Sea deal to ease Second Thomas Shoal tensions
▼ + stars: | 2024-07-23 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +7 min

The dilapidated BRP Sierra Madre ship of the Philippine Navy is anchored near Second Thomas Shoal in the Spratly group of islands in the South China Sea. Beijing claims “indisputable sovereignty” over almost all of the 1.3 million-square-mile South China Sea, and most of the islands and sandbars within it, including many features that are hundreds of miles from mainland China. Under President Ferdinand “Bongbong” Marcos Jr, the Philippines has taken increasingly assertive steps to protect its claim to shoals in the South China Sea, leading to several confrontations off the Philippine islands. The US is not a claimant to the South China Sea, but says the waters are crucial to its national interest of guaranteeing free passage through seas worldwide. A close up view taken on March 29, 2014 of the BRP Sierra Madre beached near the Second Thomas Shoal, part of the Spratly Islands in the South China Sea.

Persons: Hong Kong CNN —, Shoal, Ren’ai Jiao, ”, Mao Ning, pushback, Ritchie, Ferdinand “ Bongbong ” Marcos Jr, Marcos, Jake Sullivan, ” Sullivan, Thomas Shoal, Erik de Castro, Gregory Poling, “, ” Derek Grossman Organizations: Hong Kong CNN, BRP Sierra Madre, Foreign Ministry, The Philippine Department of Foreign Affairs, BRP, Philippine Navy, coastguard, US Navy, Aspen Security, US National, Reuters, Transparency Initiative, RAND Corporation Locations: Hong Kong, South, Manila, Beijing, Philippine, Spratly, Philippines, China, Palawan, Madre, South China, Second, The Philippines, Malaysia, Vietnam, Brunei, Taiwan, The Hague, Scarborough, BRP Sierra Madre, Washington, United States, Sierra Madre, BRP Sierra, Asia

☆ Optimism increases about prospects for a Gaza ceasefire deal, but families of hostages remain concerned ahead of Netanyahu’s address to Congress
▼ + stars: | 2024-07-23 | by ( Jennifer Hansler | Alex Marquardt | Jeremy Diamond | ) edition.cnn.com time to read: +11 min

For the families of the hostages held more than nine months in Gaza, there is no time to wait. The Israeli prime minister wants to meet with Biden before the Israeli delegation formally transmits its response to the mediators, the source said. US officials have been sensitive to the Knesset recess as they remain convinced that politics are at play for Netanyahu back in Israel. US officials believe it is possible that Israelis are seeking to put maximum pressure on Hamas ahead of a deal. US and Egyptian officials have begun preparing the flood of humanitarian aid that would enter Gaza if a ceasefire deal goes into effect.

Persons: Benjamin Netanyahu, Joe Biden, Biden, Kamala Harris, Antony Blinken, Netanyahu, “ It’s, ”, Netanyahu ‘, ’ Aviva Siegel, Keith, Netanyahu “, They’ve, I’ve, Siegel, “, Jon Polin, Hersh Goldberg, Biden’s, Donald Trump, Harris, Netanyahu doesn’t, Jonathan Dekel, Chen, Sagui Dekel, Satan, ” Netanyahu, Daniel Neutra, Omer, Matthew Miller, ” Miller, There’s, Israel, –, Jake Sullivan, ” Blinken, we’ve Organizations: CNN, Israeli, Hamas, Democratic, Monday, US State Department, Government, Biden, UN, Israel Defense Forces, IDF Locations: Gaza, Israel, Egypt, Qatar, Washington, Rafah, Egyptian, el, Arish

☆ A top JP Morgan strategist predicted in January that Biden would drop out. Here's what else was in that analyst's list of top 10 'surprises' to look out for in 2024.
▼ + stars: | 2024-07-22 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewJPMorgan Asset Management strategist Michael Cembalest was right on the money when he predicted that President Joe Biden would drop out from the 2024 presidential race. Cembalest, who chairs the company's market and investment strategy, made the prediction in his list of "top 10 possible surprises for 2024." "President Biden withdraws sometime between Super Tuesday and the November election, citing health reasons. Biden passes the torch to a replacement candidate named by the Democratic National Committee," Cembalest wrote. For one, Cembalest wrote in his list that "the driverless car backlash is coming."

Persons: —, Michael Cembalest, Joe Biden, Cembalest, Biden, Kamala Harris, Harris, Jake Sullivan, Christopher Cavoli, Cavoli Organizations: Service, Management, Business, Super, Biden, Democratic National Committee, Democratic Party, EV, Elon, Russia, US, Armed, Committee, Cembalest, JPMorgan Asset Management, BI Locations: Ukraine, Russia

☆ Blinken Says Gaza Cease-Fire Deal Is ‘Inside the 10-Yard Line’
▼ + stars: | 2024-07-19 | by ( David E. Sanger | Julian E. Barnes | ) www.nytimes.com time to read: +1 min

Secretary of State Antony J. Blinken and the national security adviser, Jake Sullivan, said on Friday that an agreement to free hostages held in Gaza and establish a cease-fire was close, as administration officials prepared for what they expected to be a tense visit to Washington next week by Israel’s prime minister, Benjamin Netanyahu. Mr. Blinken, speaking at the Aspen Security Forum in Colorado, said that the talks were “inside the 10-yard line.” Hours later at the same conference, Mr. Sullivan said there was no expectation that an agreement would be reached before Mr. Netanyahu addressed a joint session of Congress on Wednesday, a speech some American officials fear could throw up new obstacles to an agreement with Hamas. Mr. Sullivan said Mr. Biden would “focus his energy” in his meetings with Mr. Netanyahu “to get this deal done in the coming weeks.”“We are mindful that there remain obstacles in the way,” Mr. Sullivan said, “and let’s use next week to try to clear through those obstacles.”

Persons: Antony J, Blinken, Jake Sullivan, Israel’s, Benjamin Netanyahu, Sullivan, Netanyahu, Biden, Netanyahu “, ”, ” Mr Organizations: Aspen Security, Mr Locations: Gaza, Washington, Colorado

☆ The End of a Strategic Deployment
▼ + stars: | 2024-07-16 | by ( Julian E. Barnes | ) www.nytimes.com time to read: +1 min

As the aircraft carrier Dwight D. Eisenhower sailed toward Norfolk Harbor, a small cargo plane landed on the flight deck amid swirling wind and rain. After the plane jerked to a halt, Jake Sullivan, the national security adviser, and top Navy officials disembarked. While the sailors cheered, the chief of naval operations recounted the strike group’s achievements. The Eisenhower set sail from Norfolk a week after the Oct. 7 terrorist attacks in Israel, and its six-month deployment had been extended three times. Image The national security adviser, Jake Sullivan, spoke to sailors aboard the Eisenhower on Saturday.

Persons: Dwight D, Eisenhower, Jake Sullivan, Julian E, Barnes, Sullivan, Biden Organizations: ., The New York Times, Oval Locations: Norfolk, Israel

☆ U.S. Officials See Hopeful Signs in Gaza Cease-Fire Talks
▼ + stars: | 2024-07-12 | by ( Julian E. Barnes | Adam Rasgon | ) www.nytimes.com time to read: +1 min

Some American officials have grown more optimistic that a deal to release Israeli hostages held in Gaza in return for a cease-fire is at hand. But people briefed on the talks say it will be days until it is clear whether a breakthrough has been achieved because of difficulties in communication between Hamas officials in Qatar and the group’s leaders in Gaza. Other officials said that previous moments of hope about an agreement had been dashed by both the Israeli prime minister, Benjamin Netanyahu, and Hamas. “There’s still miles to go before we close if we are able to close,” Mr. Sullivan told reporters on Thursday. I’m determined to get this deal done and bring an end to this war which should end now.”

Persons: Benjamin Netanyahu, Jake Sullivan, “, ” Mr, Sullivan, it’s, Biden, ” Organizations: White House, NATO, Washington , D.C Locations: Gaza, Qatar, Washington, Washington ,

☆ Zelenskyy says the problem with the coming F-16 fighter jets is the same one Ukraine had with the Abrams tanks
▼ + stars: | 2024-07-11 | by ( Chris Panella | Jake Epstein | ) www.businessinsider.com time to read: +6 min

Read previewWestern-provided F-16 fighter jets are on their way to Ukraine and set to start flying missions later this summer. But they may not yet be enough to make a difference on the battlefield, Ukrainian President Volodymyr Zelenskyy indicated in a discussion this week on what Ukraine needs, comparing the jets to the US-made Abrams tanks that Ukraine got last fall. "The problem with F-16," the Ukrainian president said, "is the number and the dates." The US sent only 31 M1A1 Abrams in total, and they were delivered to Ukraine months after British and German tanks. For comparison, Ukraine received about 300 US-made Bradley infantry fighting vehicles, nearly ten times more than the number of Abrams sent.

Persons: —, Volodymyr Zelenskyy, Abrams, Bret Baier, Zelenskyy, Derek Seifert, Zelenskky, haven't, Michael Currie, Antony Blinken's, it's, Zachariah Lopez, Jake Sullivan Organizations: Service, Business, Fox News, Reagan Institute, Abrams Ukraine, NATO, Egyptian, Force, US Air Force, US, Abrams, Bradley, Getty, Ukraine —, Ukrainian Air Force, Osan Air Base, US Air Force Tech, White, National Locations: Ukraine, Ukrainian, Washington , DC, Russia, Egypt, Denmark, Netherlands, Soviet, South Korea

☆ NATO just accused China of enabling Russia's invasion of Ukraine for the first time
▼ + stars: | 2024-07-11 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewNATO on Wednesday accused China of being "a decisive enabler of Russia's war against Ukraine" and demanded that it stop aiding Moscow's military or face the consequences. In the alliance's Washington Summit declaration, published before a White House dinner with its leader, it called on China "to cease all material and political support to Russia's war effort." The strongest rebuke yetJens Stoltenberg, NATO's secretary-general, described the language as the "strongest message NATO allies have ever sent on China's contributions to Russia's illegal war against Ukraine." In response, China has said it is not a party to the Ukraine war and that there should be no interference with trade between China and Russia. Speaking at a press briefing on Thursday, Chinese foreign ministry spokesperson Lin Jin said "NATO hyped up China's responsibility" in Russia's invasion of Ukraine, according to Reuters.

Persons: —, Natalie Sabanadze, Jens Stoltenberg, NATO's, Lin Jin, Lin, Alexander Stubb, Xi Jinping, Stubb, Jake Sullivan, Biden Organizations: Service, Wednesday, Business, Chatham House, New York Times, NATO, Ukraine, Reuters, The Times, Bloomberg Locations: China, Ukraine, Washington, Russia, Europe, London, Beijing, NATO, United States

☆ Pentagon to Dismantle Temporary Pier Built for Gaza Aid Operation
▼ + stars: | 2024-07-11 | by ( Eric Schmitt | ) www.nytimes.com time to read: +1 min

The Biden administration will soon permanently shut down the star-crossed $230 million temporary pier that the U.S. military built to rush humanitarian aid to Gaza, American officials said on Thursday. “I do anticipate that in relatively short order, we will wind down pier operations,” Jake Sullivan, President Biden’s national security adviser, told reporters. On Wednesday, personnel from the military’s Central Command attempted and failed to reattach the makeshift pier to the beach in Gaza after rough seas forced operators to remove the structure several days ago to avoid damage, the Pentagon said. In a statement, Maj. Gen. Patrick S. Ryder, the Pentagon press secretary, said the latest effort to re-anchor the pier failed because of “technical and weather-related issues,” recurring problems that The New York Times identified last month when it reported that military officials had warned aid organizations that the project could be dismantled as early as July.

Persons: Biden, “, ” Jake Sullivan, Patrick S, Ryder Organizations: ., military’s Central Command, Pentagon, New York Times Locations: Gaza

☆ Opinion | Jake Sullivan: You Can Count on a Strong NATO
▼ + stars: | 2024-07-10 | by ( Jake Sullivan | ) www.nytimes.com time to read: +2 min

They know that these relationships make us stronger and help us build a world that is free, independent, prosperous and secure. Twenty-three NATO members, out of 32, are expected to meet or exceed that target in 2024, compared with just nine in 2020, and five in 2016. This year alone America’s NATO partners — Canada and 30 European nations — will spend an estimated $506.7 billion on defense. That is an increase of $181 billion from 2020, compared with an increase of $70 billion from 2016 to 2020, during the previous administration. In 2023, defense expenditures of NATO nations in Europe and Canada grew by 8 percent.

Persons: Biden Organizations: NATO, — Canada Locations: Washington, Crimea, Europe, Canada

☆ Israel-Hamas War in Gaza: Latest News and Updates
▼ + stars: | 2024-06-28 | by ( Aaron Boxerman | Adam Rasgon | ) www.nytimes.com time to read: +7 min

Image Israel’s finance minister, Bezalel Smotrich, center, has threatened not to renew the provision, which makes it easier for Israeli banks to work with Palestinian banks. But many called the West Bank’s current economic predicament the most difficult yet. Before the war, Mahmoud Abu Issa, 53, was earning over $2,000 a month — an enviable salary in the impoverished West Bank — as a construction worker in Israel. If Palestinian banks want to offer shekel accounts, they must maintain links with Israeli banks and rely on them to process shekel transactions. Since 2017, Israel’s Finance Ministry has issued the waiver indemnifying the Israeli banks, according to Lilach Weissman, a spokeswoman for the ministry.

Persons: Bezalel Smotrich, Smotrich, Israel, Biden, Mr, Smotrich —, —, Menahem Kahana, Mahmoud Abu Issa, “, Abu Issa, Mohammad Rabee, Shadi Abu Afifa, ”, Abu Afifa, Jake Sullivan, Lilach Weissman, Akram Jerab, Eytan Fuld, Azzam, Shawwa, Rawan Sheikh Ahmad Organizations: West Bank, Palestinian Authority, Palestinian, Agence France, Mr, Palestinian Authority’s Finance Ministry, Israel’s Finance, Quds Bank Locations: Gaza, Bank, U.S, Israel, Hebron, ”, Palestinian, Palestine

☆ Biden aims to paint Trump as a man whose foreign policy makes him too dangerous to be in the Oval Office
▼ + stars: | 2024-06-26 | by ( Mj Lee | Kevin Liptak | ) edition.cnn.com time to read: +6 min

Washington CNN —President Joe Biden and former President Donald Trump’s foreign policy positions have sometimes seemed like an afterthought in an election with domestic concerns at its heart. One campaign official told CNN that if and when foreign policy issues come up Thursday night, the contrast that Biden will try to paint could not be starker. “President Biden stands up to dictators and defends freedom – Trump is a loser who is too dangerous and reckless to ever be anywhere close to the Oval Office again,” the official said. One potential difficulty for Biden and his advisers might be identifying Trump’s positions on several foreign policy areas. And on Trump, Biden is expected to deploy a broad accusation: That Trump abandoned US allies, cozied up to dictators and generally made the world less safe.

Persons: Joe Biden, Donald Trump’s, –, Trump, Biden, Jake Sullivan, David, “, – Trump, Benjamin Netanyahu, Vladimir Putin’s, Kim Jong, Donald Trump, ”, he’s, Netanyahu, Volodymyr Zelensky, ‘ Organizations: Washington CNN, Biden, Republican, Democratic, CNN, Oval, North, Trump, ”, NATO, Republican Party, Ukrainian, Group Locations: Atlanta, Europe, Gaza, Ukraine, China, Beijing, North Korean, ” Russia, “, Israel, Kyiv, Italy, United States

☆ Middle East Crisis Israeli and U.S. Defense Chiefs to Discuss the Conflicts With Hamas and Hezbollah
▼ + stars: | 2024-06-25 | by ( Ephrat Livni | ) www.nytimes.com time to read: +3 min

The U.S. and Israeli defense chiefs, Lloyd J. Austin III and Yoav Gallant, at a December news conference in Tel Aviv. Mr. Gallant is meeting with Mr. Austin on his third day of talks with senior Biden administration officials. Mr. Gallant and Secretary of State Antony J. Blinken met in Washington on Monday. That was a recurring theme in American officials’ talks with Mr. Gallant this week. On Monday, Mr. Gallant met with William J. Burns, the C.I.A.

Persons: Lloyd J, Austin III, Yoav Gallant, Gallant’s, Patrick S, Ryder, Mr, Gallant, Austin, Benjamin Netanyahu, Israel, Matthew Miller, “, Khan Younis, ”, Antony J, Blinken, Miller, ’, “ We’ve, General Ryder, Amos Hochstein, Hochstein, Netanyahu, William J, Burns, Jake Sullivan Organizations: U.S, Pentagon . Defense, Pentagon, Defense Department, Biden, American, State Department, Hamas, Mr, Lebanese, Israel Locations: Tel Aviv, Washington, Gaza, Lebanon, “, Israel, Gen, United States, Rafah, Gaza City, Jerusalem, Beirut

☆ Biden administration moving towards allowing American military contractors to deploy to Ukraine
▼ + stars: | 2024-06-25 | by ( Natasha Bertrand | Oren Liebermann | ) edition.cnn.com time to read: +4 min

CNN —The Biden administration is moving toward lifting a de facto ban on American military contractors deploying to Ukraine, four US officials familiar with the matter told CNN, to help the country’s military maintain and repair US-provided weapons systems. The change would mark another significant shift in the Biden administration’s Ukraine policy, as the US looks for ways to give Ukraine’s military an upper hand against Russia. The policy is still being worked on by administration officials and has not received final sign-off yet from President Joe Biden, officials said. Allowing experienced, US government-funded American contractors to maintain a presence in Ukraine means they will be able to help fix damaged, high-value equipment much faster, officials said. The discussions follow a series of decisions the US has made in recent months to try to help Ukraine beat back the Russians.

Persons: CNN —, Biden, Joe Biden, “, ”, Jake Sullivan, Alex Vindman, Donald Trump’s, Vindman, ” Vindman Organizations: CNN, Biden, Russia, ”, Pentagon, State Department, Administration, Ukraine, National, European Affairs, Donald Trump’s National Security Council Locations: Ukraine, Russia, Ukrainian, Poland, Romania, Kharkiv, Iraq, Afghanistan

Washington CNN —American officials are hoping to gain a better understanding of Israel’s war plans in meetings this week with the country’s defense minister, who arrived in Washington as the rift widened between the Biden administration and Prime Minister Benjamin Netanyahu. “We will not end the war until we return all of our hostages – 120 hostages, the living and the deceased. Netanyahu said that once the “intense phase” of the Gaza conflict is over Israel will continue “mowing the grass” in Gaza, which US officials oppose. But Netanyahu ignored the demand from his defense minister, refusing to make such a public statement. And former Defense Minister Benny Gantz, who resigned from a unity government with Netanyahu two weeks ago, accused Israel’s longest-serving leader of putting political considerations ahead of a post-war strategy.

Persons: Biden, Benjamin Netanyahu, Yoav Gallant, Netanyahu, ”, —, that’s, Matt Miller, Gallant, Bill Burns, Amos Hochstein, ” Gallant, Benny Gantz, Israel’s, Israel, Lloyd Austin, Antony Blinken, Jake Sullivan, Miller, “ vexing, “ Organizations: Washington CNN —, Biden, CIA, Defense, National, State Department, White, Washington Locations: Washington, Gaza, Israel, United States, ”, Lebanon

☆ Warnings signs for Biden’s Jewish support as war in Gaza drags on and antisemitism rises
▼ + stars: | 2024-06-23 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +14 min

Still, conversations about a possible drift toward Donald Trump, though, are evident in the several Jewish elected Democratic leaders who grimaced and ducked when asked by CNN to discuss their sense of Jewish support for Biden. Talking with Jewish voters in Michigan, “I’ve had a couple of people say point blank, ‘How could any Jew vote for a Democrat?’” said Troy Zukowski, the West Michigan chair of the Michigan Jewish Democrats. The president does have some key Jewish voices of support in important places. Trump’s support among Jewish voters in 2020, at 30% according to Associated Press exit polls, was the highest for a Republican presidential candidate in decades. The expected central theme of that effort, according to one of the people involved, will be: As a Jewish American, do you feel safer than you did four years ago?

Persons: Joe Biden’s, –, Biden, Joe ”, Kamala Harris, Doug Emhoff, Donald Trump, grimaced, megadonor Haim Saban, “ I’ve, ’ ”, Troy Zukowski, “ I’m, I’m, Alejandro Mayorkas, Neera Tanden, Jon, John Kirby, Kirby, Joe Biden, ”, Josh Shapiro, “, Shapiro, Pharaoh, Hitler, Kim Jong, Benjamin Netanyahu’s, Emhoff, Ben Stiller, chitchatting, Alex Edelman’s, Israel, sickening ”, Trump, Morgan Ortagus, Haile Sofer, Jake Sullivan, Netanyahu, Lee Zeldin, ” Zeldin, Rashida, Harris, Biden “, ” Emhoff, who’s, antisemites, Andrew Weinstein, it’s, “ He’s, I’ve, Joe Organizations: Washington CNN, CNN, Jewish, Democratic, White, Biden, Democrat, Michigan Jewish Democrats, Trump, Homeland, National Security, Justice, NSC, Pennsylvania, American, Israel, Nova Music, Wing, House, Jewish voters Trump, State Department, Jewish Democratic Council of America, Associated Press, Republican, United Arab Emirates, Capitol, GOP, Democratic Party, Biden ’, Republican Jewish Coalition, Naval Observatory Locations: Israel, Pennsylvania , Michigan, Georgia, Wisconsin, Arizona, Michigan, West Michigan, Palestine, president’s State, Jerusalem, Gaza, Lower, Manhattan, Brooklyn, America, Charlottesville , Virginia, Germany, Washington, Bahrain, New York, Detroit, American, Charlottesville, ”, Florida

☆ US offers assurances to Israel this week in the event of full-blown war with Hezbollah
▼ + stars: | 2024-06-21 | by ( Mj Lee | ) edition.cnn.com time to read: +3 min

They discussed a wide range of topics including the situation on Israel’s northern border, Iran and the ceasefire and hostage negotiations, sources said. Since Hamas’ attack on Israel on October 7, Hezbollah’s provocations against Israel have continued – and escalated in recent weeks. If Hezbollah were to significantly expand the scale of its attacks on Israel, resulting in the deaths of Israelis, US officials expect Israel to respond with full force. As CNN reported, US officials have serious concerns that in the event of a full-blown war between Israel and Hezbollah, the Iran-backed militant group could overwhelm Israel’s air defenses in the north — including the much-vaunted Iron Dome air defense system. In this week’s meetings, US and Israeli officials discussed possible “off-ramps” to try to lower the temperature along the so-called Blue Line that separates Lebanon and Israel, the senior administration official said.

Persons: Biden, Benjamin Netanyahu, Ron Dermer, Tzachi Hanegbi, Jake Sullivan, Antony Blinken, Brett McGurk, Israel, Amos Hochstein Organizations: CNN — Senior, Hezbollah, Top, Strategic, Biden, White, CNN Locations: Washington, Israel, Iran, Lebanon

☆ US signals that it has expanded policy to allow Ukraine to counterstrike into Russia
▼ + stars: | 2024-06-20 | by ( Haley Britzky | Natasha Bertrand | ) edition.cnn.com time to read: +4 min

CNN —The US appears to have expanded its agreement with Ukraine to strike over the border inside Russian territory wherever Russian forces are engaging in cross-border attacks into Ukraine, not just in the Kharkiv region as was previously determined. National Security Adviser Jake Sullivan told PBS News on Monday that the agreement with Ukraine to fire into Russia extends wherever Russian forces are attempting to invade. “It extends to anywhere that Russian forces are coming across the border from the Russian side to the Ukrainian side to try to take additional Ukrainian territory,” Sullivan said, adding that it’s “not about geography. The change marks a significant shift in the limited nature of the agreement between the US and Ukraine. “Russia opened a new front, they opened the front in the north in Kharkiv, where they’re attacking directly from Russian territory just over the border.

Persons: Jake Sullivan, ” Sullivan, Charlie Dietz, ” Dietz, Joe Biden, there’s, Jens Stoltenberg, Ukraine “, ” Stoltenberg, I’ll, ”, There’s, John Kirby Organizations: CNN, National, PBS, Pentagon, US Defense Department, NATO, National Security Locations: Ukraine, Kharkiv, Russia, Brussels, ”, Russian

☆ 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

☆ Ukraine moved to top of list to receive US air defense capabilities
▼ + stars: | 2024-06-20 | by ( Kylie Atwood | ) edition.cnn.com time to read: +6 min

A senior White House official described the action as a “rather extraordinary” policy adjustment at a critical moment for Ukraine. “If we didn’t do this for Ukraine, they would not have been able to maintain their critical air defense stockpile heading into the winter, period,” the official said. Ukraine is expected to get its first exports of the air defense capabilities this summer and the policy change will stay in place for 16 months, the official said. The White House official would not share the list of affected countries, other than to say that air defense exports to Taiwan would not be impacted. The move is being done in parallel with Biden administration efforts to get Ukraine more air defense systems as well, a second White House official said.

Persons: CNN —, Biden, Volodymyr Zelensky, Joe Biden, “, @POTUS, ” Zelensky, Zelensky, –, Donald Trump, Jake Sullivan, they’re, ” Biden, Daria Tarasova, Caitlin Danaher Organizations: CNN, White House, State Department, Pentagon, White, NATO, Republican, Ukraine, Congress, Russian Locations: Ukraine, Russia, United States, Taiwan, Kyiv, Italy

☆ Trump's ex-national security advisor wants to restart US nuke testing. Nuclear experts warn that's not a good idea.
▼ + stars: | 2024-06-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewDonald Trump's former White House national security advisor is arguing that a second term in office should involve restarting US nuclear testing for the first time in over 30 years. No one wins a nuclear arms race, he said. Kimball called out the difference between O'Brien's argument for the resumption of nuclear testing with the Biden administration's current policy, which remains dedicated to the status quo. "Resuming nuclear testing would reduce US technical superiority over Russia and China because they would immediately follow and have much more to learn," he said. O'Brien's push for resumed testing shouldn't necessarily come as a surprise.

Persons: —, Donald Trump's, That's, Robert O'Brien, Trump, O'Brien, Jon B, Obama, Donald Trump, Xi Jinping, Brendan Smialowski, Wolfsthal, Daryl Kimball, Strangelove, Kimball, Biden, Joe Biden's, Jake Sullivan, We've, Maxim Zmeyev, Jeffrey Lewis, Hans Kristensen, John Bolton Organizations: Service, White House, Business, Foreign Affairs, United, Russian, Getty, US, Arms Control, Joe Biden's National, Middlebury Institute of International Studies, Federation of American, US State Department Locations: Russia, China, United States, Washington, US, AFP, PRC, People's Republic of China, Moscow, Monterey

☆ 80 countries at Swiss conference agree territorial integrity of Ukraine must be basis of any peace
▼ + stars: | 2024-06-16 | by ( ) www.cnbc.com time to read: +5 min

Eighty countries jointly called Sunday for the "territorial integrity" of Ukraine to be the basis for any peace agreement to end Russia's two-year war, though some key developing nations at a Swiss conference did not join in. Brazil, an "observer" country, did not sign on but Turkey — which has sought to an intermediary between Russia and Ukraine — did. The final document said the U.N. Charter and "respect for territorial integrity and sovereignty … can and will serve as a basis for achieving a comprehensive, just and lasting peace in Ukraine." Ukrainian President Volodymyr Zelenskyy hailed the "first steps toward peace" at the meeting, and said the joint communique remains "open for accession by everyone who respects the U.N. "We all at this table need to do more so that children of Ukraine are back in Ukraine," he added.

Persons: Jake Sullivan, Kamala Harris, Volodymyr Zelenskyy, —, Ukraine —, Viola Amherd, Ursula von der Leyen, Putin, Giorgia Meloni, Sheikh Mohammed bin Abdulrahman, Sheikh Mohammed bin Abdulrahman Al Thani, it's, Maria Lvova, Belova, Milojko Spajic, I'm Organizations: United, United Arab Emirates, Union's, Analysts, White House, Children's Locations: States, United States, Ukraine, Stansstad, Lucerne, Switzerland, Swiss, Russia, India, Saudi Arabia, South Africa, United Arab, Brazil, Turkey, ., China, Gaza, Kyiv, Moscow, Sheikh Mohammed bin Abdulrahman Al, Qatar, Europe, Montenegro

☆ Major Ukraine summit ends with fresh plea for peace but key powers spurn final agreement
▼ + stars: | 2024-06-16 | by ( Joshua Berlinger | Niamh Kennedy | ) edition.cnn.com time to read: +4 min

CNN —A two-day summit in Switzerland dedicated to forging a path forward to end the war in Ukraine concluded with key powers spurning a joint communique agreed to by more than 80 other countries and international organizations. The world cares deeply about the war provoked by Russia’s aggression,” European Commission President Ursula von der Leyen said. The sides also said that all children and civilians that were unlawfully displaced must be returned to Ukraine. And Ukraine must disarm so that is vulnerable to future Russian aggression down the road. No responsible nation could say that is a reasonable basis for peace,” Sullivan said.

Persons: spurning, Volodymyr Zelensky, Zelensky, Vladimir Putin, Kamala Harris, Ursula von der Leyen, Jake Sullivan, ”, Putin, ” Sullivan Organizations: CNN, United Arab, European Union, Kremlin, NATO, Russian, Luhansk –, US National Security, Ukrainian Locations: Switzerland, Ukraine, India, Saudi Arabia, South Africa, United Arab Emirates, Russia, Ghana, Canada, Chile, Lucerne, Argentina, Denmark, Finland, France, Germany, Italy, Japan, Netherlands, Poland, Sweden, United Kingdom, China, Moscow, Russian, Donetsk, Luhansk, Kherson, Zaporizhzhia, Harris

☆ Potential of a Trump return inspires Biden and G7 rush to guarantee long-term support for Ukraine
▼ + stars: | 2024-06-14 | by ( Kevin Liptak | ) edition.cnn.com time to read: +10 min

Trump argued, as he had before, that if he were president the war wouldn’t still be going. Opposed to additional Ukraine aid and openly skeptical of NATO, Trump could rip up the bilateral agreement Biden signed Thursday if he returned to office. Yet with uncertainty swirling around any American support in the future, the time to act appeared short. Biden pushes G7 to back reproductive rightsEven on an issue unrelated to Ukraine, Biden sought this week to consolidate G7 support in a way that would be unlikely if Trump were to return to the summit. American allies in Europe are collectively preparing for a second Trump administration with a sense both of trepidation and exhaustion.

Persons: Joe Biden, ” Biden, Volodymyr Zelensky, “, ”, Donald Trump, Biden, Trump, John Bolton, doesn’t, Zelensky, –, Putin, Ursula von der Leyen, Jake Sullivan, Ukraine “, Ukraine —, Giorgia Meloni Organizations: CNN, Republicans, Capitol, NATO, Trump, Biden, Democratic, White Locations: Italy, Ukraine, Washington, Kyiv, Paris, Iran, Russia, Puglia, Italian, Hiroshima, Japan, Europe, Sicily, haggling, Quebec, Biarritz

☆ Ukraine's peace summit lacks clout as Russia, China and others stay away
▼ + stars: | 2024-06-14 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Ukraine’s President Volodymyr Zelenskyy attends a military honour ceremony on June 7, 2024 in Paris, France. Marc Piasecki | Getty Images News | Getty ImagesUkraine's leadership has been talking about this weekend's peace summit in Switzerland for months, desperately trying to drum up international enthusiasm for — and investment in — Kyiv's peace plan. watch nowRussia has repeatedly slammed the gathering, saying a peace summit without its participation is meaningless. Ukraine's President Volodymyr Zelenskyy accused Russia and China of working together to sabotage the summit and pressurizing other countries not to attend. Dubovyk dismissed the absence of countries like China and Saudi Arabia, saying their presence at previous, similar meetings had not helped to bring peace closer.

Persons: Volodymyr Zelenskyy, Marc Piasecki, wasn't, Russia —, What's, Joe Biden, Kamala Harris, Jake Sullivan, Zelenskyy, Putin, Shelby Magid, Viola Amherd, Ignazio Cassis, Volodymyr Dubovyk, Dubovyk Organizations: Getty, Peace, Kremlin, CNBC, Kyiv, House, Omaha Beach, Anadolu, Council's Eurasia, Ukraine, Swiss, Democratic, Center for Locations: Paris, France, Switzerland, Peace, Ukraine, Swiss, Bürgenstock, Russia, China, Saudi Arabia, Brazil, India, South Africa, Turkey, Europe, Asia, Africa, Latin America, cyberattacks, Central, Eastern Europe, U.S, California, Hollywood, Moscow, Normandy, Ukrainian, Bern, Russian, Kharkiv

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