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☆ Star Power Elevates Pin Trading, the Unofficial Sport of the Olympics
▼ + stars: | 2024-08-06 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

Since the Paris Olympics kicked off, a pair of tiny orange Dutch clogs, the unofficial pin of the Netherlands team, has become a coveted currency among the athletes. Nearly an inch long and dangling from a butterfly clutch, the pin exchanged hands between Yara ten Holte, a Dutch handball player, and Ilona Maher, the U.S. women’s rugby star, who gleefully flaunted her prize on TikTok. “One thing about the Olympic Village is, trading pins is serious business,” Ms. Maher said last week in a post that was viewed more than 2.7 million times. “We don’t mess around trading pins, OK?”Trading in pins — those tiny, shiny emblems made by sports delegations, federations, countries and the media outlets covering them — is a longstanding tradition at the Olympics. But the activity was subdued during the pandemic, as restrictions at the Summer Games in Tokyo and the Winter Games in Beijing prevented athletes, fans and pin collectors from getting anywhere near one another.

Persons: Ilona Maher, Ms, Maher Organizations: Paris Olympics, Summer, Winter Games Locations: Netherlands, Dutch, U.S, Tokyo, Beijing

☆ Breaking is making its Olympics debut in Paris. Just don’t call it breakdancing
▼ + stars: | 2024-08-06 | by ( Faith Karimi | ) edition.cnn.com time to read: +11 min

It might seem more like an artform than a sport, but breakdancing — known professionally as breaking — is making its Olympics debut this month in Paris. The Olympics adopted the same name to honor its culture and history and preserve its authenticity, Nifontov said. As breaking makes its Olympics debut, Cooper said a part of him fears it will lose some of the cultural qualities that make it a unique artform. Breaking events are scored on five factorsLike gymnastics or figure skating, breaking competitions are scored by a panel of judges. She eventually left her job at a global cosmetics company to focus on breaking and lives in New York City, where she trains.

Persons: breakdancing, Victor Montalvo, Victor, who’s, Michael Jordan, “, ” Montalvo, ”, Sergey Nifontov, James Brown, Richard Laird, Nifontov, Richard M, Cooper, ” Cooper, we’re, Brown, ” Nifontov, Robert Deutsch, Zack Slusser, Montalvo, Logan Edra, Yves Herman, it’s, …, Sunny Choi, Andrew Kelly, Jeffrey Louis, Jeffro, Louis, ” Louis, I’ll, ” Choi, I’ve, ” CNN’s Gonzalo Alvarado Organizations: CNN, CNN En Espanol, New York City, DanceSport Federation, New York City's, American Studies, Widener University, Olympics, USOC Media Summit, Paris, USA, Sports, Reuters, International Olympic, Olympic, USA’s, Team USA, University of Pennsylvania Locations: Paris, New York, China, France, Japan, Netherlands, South Korea, Ukraine, Kazakhstan, United States, New, Chester , Pennsylvania, Africa, Hollywood, Argentina, Leuven, Belgium, Mexico, New York City, Florida

☆ What to watch at Olympics today: Simone Biles’ final act in Paris and 15-foot drops in a kayak
▼ + stars: | 2024-08-05 | by ( Hunter Patterson | ) www.nytimes.com time to read: +6 min

The Paris Olympics are entering their final week already, with the closing ceremonies just six days away. ET, 4:55 p.m. in Paris (women’s final); 11 a.m. ET, 10 p.m. in Paris (women’s final), 4:30 p.m. AdvertisementSurfing gold up for grabsAmerican Caroline Marks is one of four surfers looking to earn the women’s gold medal. 100M GOLD MEDALIST.

Persons: — Simone Biles, —, Biles, Lee, Chiles, Simone Biles, Sunisa Lee, Jordan Chiles, Jade Carey, “, ”, V:, ault, abby, homas,, aris, arn, risa H ennessy, ake Organizations: Paris, USA, Olympics, aris, edina, ust Locations: Paris, Los Angeles

Back then, breaking’s fundamental movements provided escapism and expression, competitive and spontaneous physical performance breathed to life by the dawning genre of hip-hop. But breaking — not “break dancing,” a term coined by media and disdained within the breaking community — no longer belongs solely to New York City. In Paris, Olympic breakers representing countries like Japan, Lithuania and Morocco will compete one-on-one in battles waged for a global television audience. Technology like VHS tapes, DVDs and video platforms like YouTube allowed breakers around the world to learn moves and iterate new ones. “That’s why I love it so much, because it’s never the same,” said Menno van Gorp, who will represent the Netherlands.

Persons: DJ Kool Herc, Flash, ”, Beta, Martha Cooper, it’s, Menno van Gorp, “ It’s, It’s, Bull’s Organizations: YouTube, Summer Games Locations: Bronx, New York City, Paris, Japan, Lithuania, Morocco, Miami, Jamaica, Queens, nooks, Netherlands

☆ Olympic moment of the day: 3x3 basketball has its first classic final and a potential turning point
▼ + stars: | 2024-08-05 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +4 min

First, it was the women’s final between Germany and Spain coming down to the final seconds. And then on the final shot of the game, Gracia Alonso’s desperation shot at the buzzer clanged off the rim. Germany's Marie Reichert takes the ball to the hoop against Spain's Sandra Ygueravide in the women's 3x3 basketball gold medal game. In Olympic 3x3 basketball’s overtime, the first team to score two points wins. The Dutch fans lost their minds as the French crowd fell silent in shock.

Persons: Paris CNN —, bouche, Sonja Greinacher, Juana Camilion, Marie Reichert of, Gracia Alonso’s, Germany's Marie Reichert, Spain's Sandra Ygueravide, Matthew Stockman, Invalides, “ Allez, Les, ”, Johnny Hallyday, Worthy de Jong, Timothé, de Jong Organizations: Paris CNN, Games, Concorde, Notre Dame, Olympic, Dutch oranje – Locations: Paris, Tokyo, Germany, Spain, Marie Reichert of Germany, Spanish, France, The Netherlands, Luxor, Notre, Dutch oranje

☆ Ukraine finally sends F-16s into the battle against Russia — but they might not be a game-changer
▼ + stars: | 2024-08-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Flanked by another two of the U.S.-made combat aircraft, Zelenskyy announced on Sunday that the country's air force had already started operations using the warplanes against Russia. A number of Ukraine's European allies have pledged to send F-16s to Ukraine, and the first batch arrived in the country in late July. Russia has dismissed the supply of F-16s, with Kremlin Spokesman Dmitry Peskov saying last Thursday that Russian forces were prepared to shoot down the F-16 jets. The first General Dynamics F-16 Fighting Falcon received by Ukraine is seen on the Day of Ukrainian Air Force on August 4, 2024 in Unspecified, Ukraine. "The jets will considerably enhance Ukraine's ability to prevent Russian pilots entering Ukrainian air space, and can also target Russian cruise missiles in flight.

Persons: Ukraine Volodymyr Zelensky, Volodymyr Zelenskyy, Zelenskyy, Ukraine's, Ukraine Volodymyr Zelenskyi, Vitalii, Antony Blinken, Dmitry Peskov, Peskov, Mykola Bielieskov, Bielieskov Organizations: Falcons, Dynamics, Anadolu, Getty, Ukraine's Air Forces, Ukrainian, Ukrainian Air Force, Anadolu Agency, NATO, Defense, National Institute for Strategic Studies, Fighting Falcons, Ukraine Locations: Ukraine, Russia, U.S, Denmark, Netherlands, Belgium, Norway, States, USSR, Kyiv, Ukrainian

Signs of a slowing U.S. economy sowed panic among investors on Monday, with a sell-off in markets that began last week turning into a global rout. The moves were a sharp reversal in major stock markets, which for much of the past year have risen to new heights, propelled by optimism about cooling inflation, solid labor markets and the promise of artificial intelligence technology. South Korea’s benchmark Kospi index fell more than 10 percent at one point. Japanese stocks have been on a tear for more than a year, fueled by a weak Japanese yen. Adding to the pressure, foreign investors have started selling off positions in Japanese stocks over the last few weeks.

Persons: ”, Andrew Brenner, Goldman Sachs, Goldman, Jordi Basco Carrera, ’, Basco Carrera, Jitters, Jesper Koll, Koll, John Liu, Melissa Eddy Organizations: Federal, Nasdaq, National Alliance Securities, Equity, Technology, Samsung Electronics, Taiwan Semiconductor Manufacturing Company, Nvidia, Intel, Allianz, Monex, Bank of Japan, Tokyo Stock Exchange Locations: Asia, Europe, Americas, Japan, U.S, Taiwan, Singapore, Australia, Hong Kong, China, Stocks, India, Netherlands, Switzerland, New York, Munich, “, New, Seoul, Berlin

☆ Combat brain fatigue with these tips from experts
▼ + stars: | 2024-08-05 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

“Even though people enjoy the rewards associated with mental tasks, these same people also do not enjoy the mental effort that’s involved. Your brain has no nerve endings, so a pain in the brain is not like having a pain in the neck. But the mental effort it takes to think hard can be so upsetting that some people will choose physical pain instead. However, 28% of the participants still chose physical pain over mental strain, even when the pain was most intense. “Concentrating also means it’s impossible to do other things because the brain really can’t multitask.

Persons: ”, Erik Bijleveld, ” Bijleveld, that’s, “, Vadym, Bijleveld, Michel Notre, doesn’t, It’s, it’s, Kira Schabram, ” Schabram, don’t, Amy Arnsten, Albert E, Kent, Arnsten, Schabram Organizations: CNN, Behavioural Science, Radboud University, Psychological, Amateur, Michel Notre Dame, Research, Foster School of Business, University of Washington, Yale School of Medicine Locations: Nijmegen , Netherlands, Paris

PARIS — Former college hoops star and NBA veteran Jimmer Fredette tore ligaments playing for Team USA's 3x3 Olympics team and will be sidelined for about six months, he revealed late Sunday on social media. The Americans didn't get out of group play and suffered a tournament-ending 21-6 loss to the Netherlands, landing them in seventh place among eight squads. Fredette said he tore two ligaments in his adductor in his second game in Paris, a loss to Poland. The U.S. 3x3 team finished second in last year's 3x3 World Cup, dropping a 21-19 decision to Serbia in the title game. And Fredette was just ranked the top 3x3 player in the world by the International Basketball Federation), the governing body of basketball.

Persons: Jimmer Fredette, didn't, Fredette, Carolina Marin, “, ” Fredette, he'd, ” Organizations: PARIS —, USA's, Carolina, Tokyo Games, International Basketball Federation, Brigham Young University —, NBA Locations: Netherlands, Paris, Poland, France, China, Spanish, U.S, The U.S, Serbia

☆ ‘Worst season ever’: How things got ugly on Santorini, Greece’s ‘Instagram island’
▼ + stars: | 2024-08-04 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +7 min

It’s even earned the nickname “Instagram Island” because of its perfectly saturated “no filter” splendor. When evening comes, however, the crowds melt away, and some complain the island goes from Times Square to ghost town. Visitor cap coming in 2025Santorini Mayor Nikos Zorzos has proposed a cap on cruise ship passengers, down to 8,000 a day. Cruise ship passengers are valued and much needed, as are those longer-stay visitors coming by boat or plane, but he says the feeling among locals is that something has to give. Currently, nearly two-thirds of cruise tourism in Greece takes place in Piraeus, Santorini and Mykonos, CLIA said.

Persons: CNN —, it’s, It’s, Nikos Zorzos, Kyriakos Mitsotakis, megaphones, Xavier Duvot, Hans Lucas, ” Gianluca Chimenti, “, ”, Christos Stylianides, Maria Deligianni, CLIA, Katie Haslam, Rob, we’d, ” Love Organizations: CNN, Fira, Bloomberg, Getty, CNN Travel, Cruise Lines International Association, “ Locations: Oia, Europe, Spain, Netherlands, Venice, AFP, Santorini, Greece, Mykonos, Piraeus, Rochdale, England

☆ Zelenskyy posts video of Ukraine's new F-16s, says it's 'already using them'
▼ + stars: | 2024-08-04 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Ukraine's F-16s are finally taking flight, marking a new era in its war against Russia. President Zelenskyy touted the aircraft and the pilots flying them on Sunday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAlmost since the war began, Ukraine has worked to acquire F-16s from its allies and train pilots to fly them. Ukrainian President Volodymyr Zelenskyy shared a video on X showing the new F-16s taking off, calling the moment a "new phase of development for the Air Force" in Ukraine.

Persons: Ukraine's, Zelenskyy, —, they're, Volodymyr Zelenskyy Organizations: Russia, Service, Air Force, Ukrainian Air Force, Business Locations: Ukraine, Russian, Denmark, Netherlands, United States

☆ Remco Evenepoel creates a moment he ‘could only dream of’ with thrilling Olympic cycling double
▼ + stars: | 2024-08-04 | by ( Rosanne Roobeek | ) edition.cnn.com time to read: +5 min

Paris CNN —Belgium’s Remco Evenepoel made history on Saturday, becoming the first male cyclist to claim gold in both the road race and time trial at the same Olympic Games. “Crossing the finish line, I realized I just became the double Olympic champion in one week, something I could only dream of,” Evenepoel told CNN. Evenepoel and Valenton Madouas of Team France pass through the Côte de la Butte Montmartre while fans cheers during the men's road race. David Ramos/Getty ImagesInside the final 40 kilometers (25 miles), Evenepoel broke away from a peloton that included top rivals like Mathieu van der Poel of the Netherlands. Belgian cyclist Remco Evenepoel celebrates his gold medal for the men's cycling road race at the Belgium House in Paris, France on August 3, 2024.

Persons: Paris CNN —, Evenepoel, ” Evenepoel, Usain Bolt, Michael Phelps, David Ramos, Mathieu van der, France’s Valentin Madouas, “, “ It’s, ”, Remco Evenepoel, Jasper Jacobs, Gil de Vis, it’s, ” de Vis Organizations: Paris CNN, Tour de France, CNN, Olympics, France, ”, Eiffel, Belgium House, MAG, Getty Locations: Paris, Netherlands, Belgian, Belgium, France, Aalst, Brussels

☆ Ukraine confirms F-16s have arrived in country as Zelensky heralds ‘new chapter’ in fight against Russia
▼ + stars: | 2024-08-04 | by ( Radina Gigova | ) edition.cnn.com time to read: +2 min

Russia maintains air superiority over Ukraine and the F-16s offer a significant improvement in Kyiv’s weaponry. “Now is a new chapter in the Ukrainian Air Force. We have done a lot to ensure that the Ukrainian Air Force switches to a new standard of aviation - Western combat aircraft,” he said. More F-16 jets are expected to arrive in Ukraine and “many of our men are currently studying and training,” Zelensky said. The US committed to approving the transfer of F-16 fighter jets to Ukraine in August last year, after months of lobbying by Kyiv.

Persons: Volodymyr Zelensky, ” Zelensky, “, ”, Zelensky, Valentyn Ogirenko Organizations: CNN, country’s Air Force, Russian, Ukrainian Air Force, Western, Ukrainian Air Forces, Reuters Locations: Ukraine, Russia, Kyiv, Denmark, Netherlands, United States, Ukrainian

☆ Olympics recap: What you missed in swimming, gymnastics, track and field, and more
▼ + stars: | 2024-08-03 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

We saw legends in their sport add to their gold-medal counts, thrilling finishes on the track and much more. Track and FieldRacing in her first Olympics after being ruled ineligible for the Tokyo Games, USA’s Sha'Carri Richardson won silver in the women’s 100-meter finals Saturday. Richardson won gold in the same event at the World Athletic Championships in Budapest last year. And on the field, American Ryan Crouser won his third straight gold medal in the men’s shot put. He hurt the ulnar nerve in his throwing elbow before tearing his pectoral muscle leading up to the Olympics.

Persons: USA’s Sha'Carri Richardson, Lucia’s Julien Alfred, Melissa Jefferson, Jamaica’s Shelly, Ann Fraser, Price, didn’t, Richardson, Femke Bol, Bol, Ryan Crouser, John Kovacs, Rajindra Campbell, Crouser, ”, Denis, Ben Stansall, Simone Biles, It’s, ” It’s, she’ll, “, ” Biles, USA's Jade Carey, Carey, “ We’ve, ” Carey, Stephen Nedorosick, Guy, Clark Kent, Glen Powell, Nedoroscik, ” Nedoroscik, Katie Ledecky, Ledecky, Titmus, Paige Madden, Alex Walsh, Walsh, Canadian Summer McIntosh, Kate Douglass, Australia’s Kaylee McKeown, ” Douglass, Trinity Rodman, Crystal Dunn, ” Rodman, Emma Hayes, What’s, Noah Lyles, Jamaica’s Kishane Thompson, Carlos Alcaraz, Novak Djokovic Organizations: Racing, Tokyo Games, St, World Athletic, Paris Games, Getty, Tokyo, Canadian, U.S Locations: Lucia, Budapest, Tokyo, Netherlands, Paris, America, Belgium, Rio, Saint, AFP, Los Angeles, Germany

☆ Intel shares plunge 28%, dragging down global chip stocks
▼ + stars: | 2024-08-02 | by ( Arjun Kharpal | Arjun Kharpal Is A Senior Correspondent For Cnbc In London. | ) www.nbcnews.com time to read: +2 min

Global semiconductor stocks fell Friday after a lackluster set of results from U.S. chip firm Intel sent its shares cratering, and a global market sell-off weighed on some of the biggest names in the tech sector. A number of major U.S. chip names also dropped on Friday in U.S. premarket trade, with Nvidia trading around 4% lower. The DOJ is looking at complaints that the chip giant allegedly abused its market dominance in artificial intelligence chips, The Information reported. Adding to the pressure on chip stocks is a global equity sell-off that began in the U.S. and has fed its way through to Asia and Europe. The VanEck Semiconductor ETF, which includes major names in the sector, closed roughly 6.5% lower in the U.S. on Thursday.

Persons: ”, prem Organizations: Intel, Nvidia, U.S . Department of, DOJ, NVIDIA, CNBC, Taiwan Semiconductor Manufacturing, Samsung, SK Hynix, midafternoon, Infineon, AMD, Qualcomm, Nasdaq, VanEck Semiconductor Locations: U.S, Asia, Taiwan, South Korea, TSMC, Europe, Netherlands

☆ She hit it off with the guy she met at the bar on vacation. Then he sent her an unexpected text message
▼ + stars: | 2024-08-02 | by ( Francesca Street | ) edition.cnn.com time to read: +18 min

And then, on her second night in Rome, Skyler crossed paths with Giuseppe Morisani in a busy bar. As soon as he met Skyler, Giuseppe started daydreaming about showing her around his home region and – most importantly – introducing her to his mother. He just had one complaint: the lack of Calabrian olive oil. In time, this first spark of an idea became EXAU Olive Oil – a successful olive oil company operated by Giuseppe and Skyler. “I wouldn’t have started EXAU, our olive oil company, if we hadn’t met just that day… I just feel happy.

Persons: Giuseppe Morisani, Skyler Mapes, She’d, Giuseppe, “, ” Skyler, Skyler couldn’t, ”, Skyler, she’d, ‘, Giuseppe didn’t, Skyler didn’t, Giuseppe –, –, Giuseppe gushed, who’d, he’d, Calabria Skyler, Giuseppe’s, we’d, didn’t, Giuseppe Morisani Skyler, ” “, ” Giuseppe, Skyler hadn’t, Giuseppe couldn’t, Oprah Winfrey, Olive, we’re, Skyler’s, they’ve, hadn’t, “ I’m Organizations: CNN, Google, CNN Travel, Familia, Fine Arts, Forbes, Olive Oil, US Locations: Rome, Calabria, Barcelona, Spain, Europe, Italy, Calabria –, California, Amsterdam, Netherlands, United States, San Francisco, ”, Southern Italy, Texas

☆ Atlantic Ocean currents could collapse as early as the 2030s, new research suggests
▼ + stars: | 2024-08-02 | by ( Angela Dewan | Angela Fritz | ) edition.cnn.com time to read: +4 min

CNN —A vital system of Atlantic Ocean currents that influences weather across the world could collapse as soon as the late 2030s, scientists have suggested in a new study — a planetary-scale disaster that would transform weather and climate. This research suggests it’s more likely than not to collapse by 2050. The impacts of an AMOC collapse would leave parts of the world unrecognizable. The emphasis in ocean research on the timing of the collapse is a relatively new development, said Rahmstorf. This research gap means the predictions could underestimate how soon or fast a collapse would happen, Rahmstof said.

Persons: ”, René van Westen, Stefan Rahmstorf, ” Rahmstorf, “ There’s, ” Rahmstof, “, You’re, Rahmstof Organizations: CNN, University of Utrecht, Southern, Northern, Potsdam University, “ Locations: Netherlands, England, Germany, Utrecht

☆ Intel plunges 30%, most since 1982, after announcing layoffs and weak guidance
▼ + stars: | 2024-08-02 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Intel's stock plunged as much as 30% on Friday, its biggest daily decline since at least 1982. The dip comes after the company announced plans to lay off 15,000 workers. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIntel's stock took a big hit after the company issued disappointing guidance and announced sweeping layoffs in its most recent earnings report. Shares plunged as much as 30% on Friday, its biggest single-day drop since at least 1982, according to Bloomberg data.

Persons: —, Pat Gelsinger, ASML, Gelsinger Organizations: Service, Bloomberg, Intel, Nikkei, Nvidia Locations: Tokyo, Japan, Netherlands

☆ Chase Budinger was a pro basketball player and NBA journeyman. Now he’s at the Olympics playing a different sport entirely
▼ + stars: | 2024-08-02 | by ( George Ramsay | ) edition.cnn.com time to read: +5 min

The former basketball player, who spent seven years in the NBA with four different teams, now finds himself in the shadow of the Eiffel Tower, competing at the Olympics in a different sport entirely. Budinger is a professional beach volleyball player these days, and alongside Team USA partner Miles Evans, is hoping for a deep run at the Games in Paris. Drafted by the Detroit Piston in 2009, he went on to play more than 400 NBA games with Houston Rockets, Minnesota Timberwolves, Indiana Pacers, and Phoenix Suns. A brief stint in Spain followed, after which Budinger decided to leave basketball and return to beach volleyball, making his professional debut in 2018. But he also draws on his experience of playing in the NBA when he’s out on the beach volleyball court, particularly when it comes to dealing with pressure.

Persons: Paris CNN — Chase, Miles Evans, “ It’s, it’s, ” Budinger, I’m, ”, “, Spain's Adrián Gavira, Kyle Terada, Reuters Budinger, Budinger, Evans, “ Chase, we’ve, Spain’s Pablo Herrera, Adrián Gavira Organizations: Paris CNN, NBA, Eiffel, Team USA, Games, Paris, Spain, Friday, USA, Sports, Reuters, University of Arizona, Detroit Piston, Houston Rockets, Minnesota Timberwolves, Indiana Pacers, Phoenix Suns, Olympics, NBC, France Locations: Paris, California, Spain, Netherlands

☆ I'm an American who lived in Ireland for 4 years. Here are 5 things I liked better about life in Europe.
▼ + stars: | 2024-08-01 | by ( Kayleigh Donahue | ) www.businessinsider.com time to read: +1 min

I traveled to a bunch of European countries, including France. Kayleigh DonahueI've always heard about Europeans traveling to multiple different countries each year, but I never understood how they were able to afford it. But once I moved to Ireland, I had access to several budget-friendly airlines and was able to do it myself. Airlines like Ryanair, Transavia, Vueling, and easyJet offered flights to other European countries at prices that worked for my budget. Sometimes, my friends and I could even find flights to countries like Italy for only 20 euros.

Persons: Kayleigh Donahue I've, easyJet, I'd Organizations: Airlines, Ryanair Locations: France, Ireland, Italy, Portugal, Spain, Denmark, Netherlands, Greece

☆ Glencore's ex-head of oil charged with bribery offences by Britain's Serious Fraud Office
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: 1 min

An employee stands by a logo for Glencore Agriculture in Glencore Plc's offices in Rotterdam, Netherlands. Glencore's former head of oil Alex Beard has been charged with bribery offences relating to the Swiss commodity trader's operations in Africa, Britain's Serious Fraud Office said on Thursday. Beard, 56, is charged with two conspiracies to make corrupt payments to government officials and officials of state-owned oil companies in Nigeria between 2010 and 2014 and in Cameroon between 2007 and 2014, the SFO said. He is one of five ex-Glencore employees charged with conspiracy to make corrupt payments.

Persons: Glencore's, Alex Beard, Beard Organizations: Glencore Agriculture, SFO Locations: Glencore, Rotterdam , Netherlands, Africa, Nigeria, Cameroon

☆ Why Ukraine May Not Use New F-16s in Frontline Attacks
▼ + stars: | 2024-08-01 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Officials later confirmed to the Associated Press that some F-16s were indeed in Ukraine. AdvertisementThis means Ukraine may not use its F-16s for the frontline offensives it would prefer, according to military experts and Ukraine's top general. Peter Layton, a fellow at the Griffith Asia Institute who served in Australia's air force, said Ukraine would have to be cautious. He said its small number of aircraft and few pilots would mean Ukraine has to prioritize avoiding losses, so it can fly the F-16s as long as possible. Ukraine also faces challenges when it comes to logistics around the F-16s.

Persons: —, Netherlands —, Peter Layton, Justin Bronk, Gen, Oleksandr Syrskyi, Marina Miron, Volodymyr Zelenskyy Organizations: Service, Bloomberg, Associated Press, NATO, Business, Times, Griffith Asia Institute, Russian, Royal United Services Institute, Guardian, War Studies Department, King's College London, Department of Defense, Politico, Washington Post, Reagan Locations: Ukraine, — Belgium, Denmark, Norway, Netherlands, London, Russia, Col, Ukrainian

☆ Venice limits tour groups to 25 and bans megaphones in fightback against overtourism
▼ + stars: | 2024-08-01 | by ( Barbie Natza Ladeau | Jack Guy | ) edition.cnn.com time to read: +2 min

Rome CNN —It’s about to get just a little bit quieter in Venice –- at least that’s the hope of the city council, which has banned tour guides from using megaphones and limited the groups to 25 people. Exceptions to the changes, which came into force Thursday, include children under 2 years of age, and visiting students and educational trips. Tourists and guides who break the 25-person limit or use loudspeakers will face fines of approximately $50-$100. However, the city has said it will double the charge when it reinstates it, probably later this year. Officials on the Greek island of Santorini are considering limiting the number of cruise ships that can dock off its shores.

Persons: Rome, Rome CNN —, ” Organizations: Rome CNN, overtourism Locations: Venice, Murano, overtourism ., Europe, Netherlands, Greece, Spain, Santorini, Spanish, Barcelona

☆ Russia's war pushed Europe to a tipping point on wind and solar
▼ + stars: | 2024-08-01 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

For the first time, wind and solar generated more of the European Union's electricity than fossil fuels during the first half of the year. Wind and solar accounted for an all-time high of 30% of the region's energy needs, according to an analysis by the think tank Ember . In a separate report , Ember forecasted a global LNG supply glut by 2026 and a substantial drop in EU gas demand by 2030. But the rush to increase LNG exports from places like the US ignores the reality of rapidly declining gas demand in Europe, she added. Ember's report said that while it's unclear how swiftly fossil-fuel use will drop across Europe, a pipeline of solar and wind projects suggests this tipping point could be permanent.

Persons: it's, Chris Rosslowe, Ember, Sarah Brown, Brown, Rosslowe Organizations: Service, Business, US Energy Information Administration Locations: Europe, Russia, Ukraine, Canada, Germany, Spain, France, Netherlands, Belgium, Australia, Qatar, Asia

☆ Can Gouda’s Cheesemakers Stall a Sinking Future?
▼ + stars: | 2024-08-01 | by ( Nina Siegal | ) www.nytimes.com time to read: +1 min

On a recent morning in Gouda, a small city in the Netherlands, hundreds of wheels of yellow cheese lay out in rows on the cobblestones of the town square, a backdrop to the city’s weekly cheese market, which dates to the Middle Ages. Ad van Kluijve, a farmer dressed in blue work shirt, red bandanna, blue cap and wooden clogs, haggled with a buyer over the price of his latest batch of “jong belegen,” famous for its mild caramel flavor. In the rest of the world, it is one of many cheeses named after the city in which it is traded. The haggling is largely a performance for tourists as the actual price negotiations take place elsewhere. The cheese industry in the region is very real, though, accounting for about 60 percent of the national cheese production, with an export value of $1.7 billion annually, according to ZuivelNL, which represents the Dutch dairy sector.

Persons: van, jong Locations: Gouda, Netherlands

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