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☆ What this holiday of sacrifice teaches us about mindfulness
▼ + stars: | 2024-06-16 | by ( Monica Haider | ) edition.cnn.com time to read: +8 min

The three-day holiday of Eid-al-Adha commemorates the story in the Quran of God appearing to Ibrahim, or Abraham, in a dream and commanding him to sacrifice his son as an act of obedience. Muslims believe that as Abraham was about to sacrifice his son, an angel of God stopped him and gave him a ram to sacrifice in place of his son. Many people kick off the holiday by calling and texting Muslims they know throughout the world with “Eid Mubarak,” which means blessed feast or festival. Here are some mindful takeaways from the Eid holiday that you can include in your routine – no matter what you believe in. It sounds like a miraculous happening, but when applied to daily life, one can view it as doing one’s work and trusting that things fall into place.

Persons: Ibrahim, Abraham, God, “ Eid Mubarak, Abraham’s, Yasmine Saad, ”, Rania Awaad, Gabriel Reynolds, ” Reynolds, Eid, Prophet Abraham's, Ismail, Babu Babu, —, doesn’t, ” Saad, Jes Aznar, Getty, David Spiegel, “ we’ve, “, Awaad Organizations: CNN, Stanford Muslim Mental Health, Islamic Psychology, Islamic Studies, University of Notre Dame, Stress, Health, Stanford Medicine Locations: Saudi Arabia, Mecca, Islam, New York City, Chennai, India, Mamasapano, Central Mindanao, Philippines

☆ 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

☆ US Navy warships are stuck in a Red Sea battle they can't fight forever
▼ + stars: | 2024-06-15 | by ( Jake Epstein | ) www.businessinsider.com time to read: +11 min

Components of the Dwight D. Eisenhower Carrier Group steam in formation with the Italian navy in the Red Sea on June 7. A fighter jet parks on the deck of the USS Dwight D. Eisenhower in the Red Sea on June 11. Elements of the Eisenhower strike group have already left the Red Sea once to be rearmed and resupplied, and the Pentagon recently extended its monthslong deployment for a second time. A fighter jet is launched from the USS Dwight D. Eisenhower during a strike against Houthi military targets in Yemen on Feb. 3. A commercial ship in the Red Sea in March.

Persons: —, they've, Dwight D, Navy Carlos Del Toro, What's, Eisenhower, Bernat, National Intelligence Avril Haines, Joseph Votel, John Kirby, Jorge LeBaron, Haines, Biden, Brian Finucane, Finucane, Votel, Mohammed Hamoud, That's, Nadimi Organizations: Service, US Navy, Business, Washington, Eisenhower Carrier Group, Eisenhower Carrier Strike, Ike, Navy, Pentagon, US Central Command, AP, National Intelligence, White House National Security Council, BI, Handout, US, Crisis, US State Department, Screengrab, Ministry of Defense, Defense Intelligence Agency, Galaxy Leader, The Washington Institute for Near East Locations: Gulf of Aden, Yemen, Saudi Arabia, Israel, Western, Africa, Gaza, Persian, Bab, Red

CNN —Six people have died from heatstroke during the Hajj pilgrimage to Mecca, amid warnings from Saudi officials that temperatures during the annual gathering could reach 48 degrees Celsius (118 degrees Fahrenheit) this year. More than 1.8 million people are taking part in Hajj this year, according to the Saudi General Authority for Statistics. The Hajj is one of the biggest religious gatherings in the world and the largest annual event in Saudi Arabia. This year, Saudi Arabia is expected to experience extreme heat over the five-day pilgrimage, with temperatures reaching 48 degrees Celsius (118 degrees Fahrenheit) in Mecca. A Muslim pilgrim splashes water on his head to cool off at the base of Saudi Arabia's Mount Arafat during the Hajj pilgrimage on June 15, 2024.

Persons: Mount Arafat, Ramadan, Fadel Senna, Muhammad Al, Abdulaali, Jordan, Hajj – Organizations: CNN, Saudi, Saudi General Authority, Statistics, Getty Locations: heatstroke, Mecca, Jordanian, Jeddah, Jordan, Arafat, Saudi Arabia, Hajj, Saudi, AFP

☆ Jared Kushner's post-White House deal-making included badly timed bet on Amazon aggregator
▼ + stars: | 2024-06-14 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +16 min

Kushner started Affinity in 2021, shortly after leaving his advisory role in the White House alongside his wife, Ivanka Trump. Neumann, who was ultimately ousted from WeWork by top SoftBank execs, introduced Kushner to Unybrands early the following year. Affinity's investment in Unybrands, which hasn't previously been reported, was one of the private equity firm's earliest deals. Following a continued slide, the company laid off roughly 10% of its staff in November 2022, according to people familiar with the matter. The House Oversight Committee launched an investigation into the investment in 2022, looking into whether Kushner's financial interests influenced Trump's foreign policy.

Persons: Jared Kushner, Alex Brandon, Kushner, Weeks, Ivanka Trump, Trump, Saudi Crown Prince Mohammed bin Salman, Jamal Khashoggi, WeWork, Adam Neumann, Neumann, Unybrands, hasn't, —, Catterton, Jason Somerville, Somerville, it's, didn't, headcount, Donald Trump, Gary Cohn, Crown Prince, Mohammed bin Salman, Jonathan Ernst, Crown Prince Mohammed bin Salman, Carolyn Maloney, Ron Wyden, Kushner didn't, Ulrich Kratz, Goldman Sachs, Kratz, Kushner's, Ian Brekke, Asad Naqvi, Bret Pearlman, Roger McNamee, Max Fink, Neumann's, Brekke, Naqvi, Pearlman, Fink, Shahar Azran, Eugen Miropolski, Robyn Laguette, Mark Goldfinger, Joe Biden, Lex, Jeff Bezos, Sam Altman, Ye, I've Organizations: U.S . Capitol, Capitol, Reuters, Affinity Partners, Companies, White House, Affinity, Saudi Crown, Unybrands, WeWork, CNBC, Amazon, BlackRock, Khosla Ventures, GW Partners, Saudi Arabia's Public Investment Fund, United Arab, Saudi Arabia's, Crown, Ritz Carlton Hotel, Saudi, Republicans, Crayhill Capital Management, Barclays, Goldman, Kushner, Investments II, Blackstone, Partners, Financial Services, CNBC it's, Israeli American Council, IAC, Getty, Kanye Locations: Washington, Amazon's, South Florida, Miami, Silicon Valley, Saudi, Saudi Arabia, Unybrands, United Arab Emirates, Qatar, Riyadh, Yemen, American, Austin , Texas, Gulf, Israel

☆ Saudi Arabia looking to China for a lifeline for its futuristic city could mean trouble for the US
▼ + stars: | 2024-06-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how Saudi Arabia is courting Chinese investors for help with its massive, futuristic city facing financial issues. NeomSaudi Arabia's dreams of a futuristic city are turning into a financial nightmare, and one of its solutions could spell trouble for the US. Since 2017, the Kingdom has touted big plans for the desert megacity Neom . AdvertisementThe city plans to heavily use renewable energy, a key area of focus for China as it digs itself out of its economic hole . But a soft real estate market and a trail of angry business partners and customers are threatening to thwart his big plans .

Persons: —, Prince Mohammed bin Salman's, Neom's, hasn't, Tom Porter, Prince, Aaron Weiner's, Weiner, Justin Sullivan, it's, they'd, Tyler Le, Giovanna Ventola, Michael Shvo, Shvo, Tesla, Jose Uribe, Sen, Bob Menendez, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, UEFA, Business, Neom, US, International Monetary Fund, Bank of America, Apple, Apple Intelligence, OpenAI, Amazon, Bonnaroo Music, Arts Festival, Post Malone Locations: Saudi Arabia, Neom, Saudi, Kingdom, China, Gaza, New York, London

☆ 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

☆ The Line in Neom is a 'completely ludicrous' design with no purpose, a Middle East-focused professor says
▼ + stars: | 2024-06-14 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Read previewThe Line — a part of Neom that comprises two mirrored skyscrapers — is one of the most famous regions of the planned megacity. Andreas Krieg, a Gulf specialist at the Institute of Middle Eastern Studies at King's College London, called plans for The Line "completely ludicrous." "The Line is a project that is not sustainable; it's a completely ludicrous megaproject that was never realizable because of the sheer cost of it," he told Business Insider. Executives working on Neom reportedly have dismissed the official Suadi figure of $500 billion as unrealistically low. "The world has never seen anything like The Line," Krieg said.

Persons: —, Andreas Krieg, Krieg, Neom, Peter Cook Organizations: Service, Business, Institute of Middle Eastern, King's College London, Bloomberg, Wall Street, Architects Locations: Neom, Saudi, Gulf, British

☆ Saudi Arabia is seeking billions in Chinese investment for Neom. But it comes with a massive risk.
▼ + stars: | 2024-06-13 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

Read previewAt a recent exhibition in Hong Kong, Saudi Arabia showcased its futuristic vision for its planned Neom megacity. It was part of Saudi Arabia's drive to secure billions in new investment for the project, which is the centerpiece of Saudi ruler Mohammed bin Salman's Vision 2030 strategy. China sees Saudi Arabia as not just a business opportunity but a way of undercutting the influence of its longtime Saudi ally, the US. AdvertisementIn April, Saudi Arabia's Public Investment Fund-subsidiary Alat signed a deal with Dahua Technology, one of China's most important surveillance technology firms. "The main risk today to Saudi Arabia's tech cooperation with China is the growing China-US tech war.

Persons: —, Mohammed bin Salman's, Xi Jinping, Mohammed bin Salman Al Saud, Yue Yuewei, Leonard Chan, Robert Mogielnicki, Abdullah Al, Crown Prince Mohammed, Alat, GREG BAKER, Camille Lons, Neom that's, Saudi Arabian Crown Prince Mohammed bin Salman, Saudi Arabia's, Biden Organizations: Service, Business, Saudi, Saudi Crown Prince, Getty, Hong Kong Innovative Technology Development Association, Gulf States Institute, Crown, Public Investment Fund, Dahua Technology, US, European Council, Foreign Relations, Saudi Arabian Crown, New York Times Locations: Hong Kong, Saudi Arabia, Saudi, Riyadh, Xinhua, China, Washington, Neom, Riyadh Tower, Beijing, Israel

☆ Why Donald Trump loves his Boeing 757 private jet even though almost everyone else ditched the plane
▼ + stars: | 2024-06-13 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +7 min

AdvertisementThere's a common saying in the business-aviation industry: The private jet isn't a luxury; it's a time machine. The point of a private jet is to save its occupant time and increase their productivity. AdvertisementThe old (top) and new (bottom) paint jobs on Trump's Boeing 757 private jet. AdvertisementTrump aboard his Boeing 757 private jet. But what stands out the most about the Boeing 757 is that it's the muscle car of the airline world.

Persons: —, there's, Donald Trump's, it's, Thomas Pallini, Donald, Trump, Gene J, Paul Allen, N757AF, Taylor Swift, John Minchillo, James Devaney, Drake, Andrew Milligan, Royce RB211, Whitney Organizations: Service, Boeing, Business, Bombardier, Gulfstream, Bombardier Global, Trump, New York Times, Trump Force, AP Trump, Microsoft, Sterling Airlines, TAESA, DHL, FedEx, Qatari, Images, Pratt, Airbus, Shanghai Airlines, Delta Air Lines Locations: Danish, Delta, Saudi, Paris, New York, Renton , Washington

☆ Trump's Boeing 757 isn't the perfect private jet, but it's perfect for him
▼ + stars: | 2024-06-13 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +7 min

The point of a private jet is to save its occupant time and increase their productivity. AdvertisementThe old (top) and new (bottom) paint jobs on Trump's Boeing 757 private jet. AdvertisementTrump onboard his Boeing 757 private jet. But what stands out the most about the Boeing 757 is that it's the muscle car of the airline world. Trump's Boeing 757 before receiving a new livery in 2022.

Persons: —, Donald Trump's, it's, Thomas Pallini, Donald, there's, Trump, Gene J, Paul Allen, N757AF, Taylor Swift, John Minchillo, James Devaney, Drake, Andrew Milligan, Royce RB211, Whitney Organizations: Service, Boeing, Business, Bombardier, Gulfstream, Bombardier Global, Trump, New York Times, Trump Force, AP Trump, Microsoft, Sterling Airlines, TAESA, DHL, FedEx, Qatari, Saudi Royal Families, Images, Pratt, Airbus, Shanghai Airlines, Delta Air Lines Locations: Danish, Delta, Paris, New York, Boeing's Renton , WA

☆ Risky bet in this global hydrogen fuel cell maker could net investors 160%, says RBC
▼ + stars: | 2024-06-13 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Shares of AFC Energy , a provider of hydrogen-fueled power generation technologies, is expected to more than double over the next year, according to RBC Capital. The London-listed company, founded in 2006, makes a range of proprietary hydrogen fuel cell systems aimed at off-grid and remote power generation for construction, mining, and transportation industries. U.K. shares are generally priced in pence, with 100 pence equal to one British pound ($1.28). The 30-kilowatt generators consume hydrogen for fuel and will be available to customers in the U.K. through its joint venture with equipment hire firm Speedy Hire . The three-year deal with Speedy Hire — under its Speedy Hydrogen Solutions brand — will target U.K. and Irish construction and emergency power markets.

Persons: Erwan Kerouredan, Victoria McCulloch, Saudi Arabia's Organizations: AFC Energy, RBC Capital, RBC, AFC, Saudi, Speedy Hire Locations: London, British, United States, Germany, East, North Africa, Saudi

☆ Israeli special forces disguised themselves as displaced Gazans to infiltrate a refugee camp and rescue 4 hostages, reports say
▼ + stars: | 2024-06-12 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Israeli special forces rescued four hostages in Gaza by posing as displaced Gazans, reports said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIsraeli special forces liberated four hostages held by militants in Gaza by disguising themselves as displaced Palestinians, reports said. Two Israeli security sources confirmed to ABC News that Israeli soldiers posed as refugees from Rafah to carry out the rescue mission on Saturday. According to residents interviewed by the Saudi Arabian-owned Asharq news channel, male and female Israeli soldiers impersonated Palestinian refugees from Rafah to infiltrate the Nuseirat refugee camp in central Gaza, per The Times of Israel.

Persons: — Organizations: Yamam, Service, ABC News Locations: Gaza, Rafah, Saudi, Israel

☆ US intelligence assesses Houthis in Yemen in talks to provide weapons to al-Shabaab in Somalia, officials say
▼ + stars: | 2024-06-11 | by ( Katie Bo Lillis | Kylie Atwood | ) edition.cnn.com time to read: +6 min

CNN —US intelligence has learned of discussions between Houthis in Yemen to provide weapons to the Somali militant group al-Shabaab, in what three American officials described to CNN as a worrying development that threatens to further destabilize an already violent region. The Houthis are Zaydi Shiites, and al-Shabaab traditionally has been deeply ideologically opposed to Shiism. “Being able to sell some weapons would bring them much needed income,” the senior administration official said. But a weapons agreement between al-Shabaab and the Houthis would be something new, according to US officials. No matter what the Houthis provide, there’s likely limited opportunity for al-Shabaab to fire directly at US assets in the region.

Persons: ” It’s, Aden —, ”, Christopher Anzalone, “, Anzalone, ” Anzalone, Biden, “ Don’t Organizations: CNN, Marine Corps, East Studies, ”, Somali, ISIS, US Locations: Houthis, Yemen, Somali, Shabaab, Somalia, Iran, al, Aden, United States, Gaza, Saudi Arabia, Tehran, Israel

CNN —Sardinia, Italy (CNN) – Uruguay at the 1950 World Cup. Cameroon at the 1990 World Cup. Lewandowski celebrates scoring his team's second goal during the Qatar 2022 World Cup Group C match against Saudi Arabia at the Education City Stadium in Al-Rayyan, west of Doha on November 26, 2022. “I think we are playing good football [and] we know that we are not the favourites in the group stage. “They were fighting [a] similar situation before the World Cup and they were so close and now they did it,” he said.

Persons: Robert Lewandowski, CNN’s Sport’s Amanda Davies, Valeriy Bondar, Adam Nurkiewicz, Fernando Santos, –, Estadi Olimpic Lluis Companys, Alex Caparros, who’ll, “, ”, Austria –, Lewandowski, Andrej Isakovic, Boris Streubel, Gerd Müller’s, He’ll, Kylian, wasn’t, ’, he’ll, Andriy Shevchenko, Joosep Martinson, you’ve Organizations: CNN, –, Cameroon, Globe Soccer, Stadion Narodowy, La Liga, FC Barcelona, Real Sociedad, Estadi, Wales, France, eventual, Portugal, Saudi, Education City, Getty, Borussia Dortmund, Bayern Munich, Bayern, League, Austria, Kylian Mbappé’s, Champions League, Ukrainian, PGE, Russia, Qatar, Sergiy, Iceland, Romania Locations: Sardinia, Italy, – Uruguay, Greece, Poland, Ukraine, Warsaw, Europe, Michał, Moldova, Albania, Barcelona, Spain, Germany, Netherlands, Austria, Qatar, Saudi Arabia, Al, Doha, AFP, Dortmund, Berlin, German, Poland’s, Kylian Mbappé’s France, Russia, Slovakia, Belgium

☆ Analysis: Hamas gambled on the suffering of civilians in Gaza. Netanyahu played right into it
▼ + stars: | 2024-06-11 | by ( Nic Robertson | ) edition.cnn.com time to read: +8 min

He appeared to justify the deaths of Palestinian civilians as a “necessary sacrifice” according to the messages. In recent weeks, Ireland, Spain, Norway and Portugal, all frustrated Netanyahu won’t agree a peace deal, have formally recognized Palestinian statehood. The war Sinwar started has taken Palestinian suffering to the next level – and Netanyahu has played right into it. Sinwar’s power amid the war seems to be becoming part of the perceived wisdom about Gaza and the war. And if past experience is any measure, he will likely gamble that he can play mind games better than Netanyahu.

Persons: CNN — Yahya Sinwar, –, Benjamin Netanyahu, Sinwar, Israel, Netanyahu, hasn’t, they’d, they’ve, Biden, Netanyahu won’t, belligerence, Antony Blinken, “, Sinn Fein Organizations: CNN, Israel, Wall Street, ICC, Hamas, Democratic, Northern Locations: Israel, United States, Europe, Gaza, Palestinian, Saudi Arabia, Ireland, Spain, Norway, Portugal, Rafah, Doha, Iran, Turkey

☆ G7 summit: Mafia-style violence is on the rise in the same region of Italy where G7 leaders are meeting
▼ + stars: | 2024-06-11 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +8 min

The town of Fasano and surrounding countryside, near the luxury resort of Borgo Egnazia, the venue of the G7 summit, on June 4, 2024. A view of Borgo Egnazia, in Puglia, where the G7 summit will be held from June 13 to 15, taken on May 26, 2014 in Savelletri, Brindisi, Italy. The security machine that will protect the world’s leaders of the world’s most advanced economies is well established, and headed by DIGOS. Workers at the attendee accreditation point for the G7 summit in Fasano, Italy, on Wednesday June 5, 2024. Donato Fasano/Getty ImagesSpecialized military police working with the anti-mafia law enforcement unit are keeping a close watch on known criminal groups.

Persons: Rome, Giorgia Meloni, Francesca Volpi, That’s, Vittorio Pisani, DIGOS, Luigi Carnevale, ”, Borgo, Donato Fasano, Victoria Beckham, Madonna, Ivanka Trump, Aldo Melpignano, Pope Francis, Recep Tayyip Erdogan, Saudi Arabia’s King Salman bin Abdulaziz Al, Saud, Pisani, ” Pisani Organizations: Rome CNN —, Sacra Corona, Cosa Nostra, Camorra, DIGOS, Brindisi –, Bloomberg, CNN, Interior Ministry, Michelin, Workers, Getty, Saudi, US, ” Locations: Italian, Puglia, Foggia, Cosa, Sicily, Naples, Calabria, Italy, Balkans, Bari, Brindisi, Fasano, Borgo Egnazia, Savelletri, David, Turkish, United States, Germany, Britain, France, Canada, Japan, Schengen, Borgo Egnazi

☆ Why ‘the Line’ in Saudi Arabia Is So Fraught - The New York Times
▼ + stars: | 2024-06-11 | by ( Philip Oldfield | ) www.nytimes.com time to read: +1 min

According to one estimate, the world will build the equivalent of a New York City every month from 2020 to 2060. The United Nations estimates 96,000 affordable units should be built a day to house the three billion people who will need them by 2030. Egypt is constructing a capital east of Cairo for 6.5 million residents featuring Africa’s tallest skyscraper. To take the pressure off Greater Jakarta’s 30 million residents squeezed by rising seas, Indonesia is building a new capital on the island of Borneo. Though the government recently scaled back the first phase of construction, it has allocated billions of dollars for the project, which could one day house some nine million people.

Persons: we’re Organizations: United Nations Locations: New York City, Egypt, Cairo, Jakarta’s, Indonesia, Borneo, Saudi, Manhattan

☆ Oil market selloff was 'overdone,' says strategist
▼ + stars: | 2024-06-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil market selloff was 'overdone,' says strategistJohn Driscoll of JTD Energy Services cautions the market against underestimating Saudi Arabia's energy minister, Abdulaziz bin Salman.

Persons: John Driscoll, Abdulaziz bin Salman Organizations: Email, JTD Energy Services, underestimating Saudi

☆ CNBC Daily Open: Far-right makes gains in EU elections
▼ + stars: | 2024-06-10 | by ( Abid Ali | ) www.cnbc.com time to read: +4 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Populist, far-right parties also won record support in this year's European Parliament elections, exit polls indicated late on Sunday. No way, MuskNorway's $1.7 trillion sovereign wealth fund, Tesla's eighth-largest shareholder, will vote against Elon Musk's $56 billion pay package. Despite a recent 2% drop in Aramco's stock and pressures on global oil prices, the offering attracted strong international demand.

Persons: Emmanuel Macron, Pen, CNBC's Karen Gilchrist, Dow, Stocks, Musk, Kitty's, Keith Gill, Gill, Prince Mohammed bin, Aramco's, Morgan Stanley, there's Organizations: CNBC, Populist, Nasdaq, Dow Jones, Treasury, Elon Musk's, GameStop, Saudi, Nvidia Locations: Europe, freefall, Saudi Arabia, Aramco, Saudi

☆ North Darfur’s only hospital closes after paramilitary attack
▼ + stars: | 2024-06-10 | by ( Eve Brennan | ) edition.cnn.com time to read: +3 min

CNN —Sudanese paramilitary forces stormed the main hospital in North Darfur, opening fire and looting vital medical supplies, Doctors Without Borders (MSF) have reported. Fighters from the Rapid Support Forces (RSF) plundered the facility on Saturday stealing an ambulance among other supplies, the aid agency said. “On Saturday, MSF and the Ministry of Health suspended all activities in South Hospital, El Fasher, North Darfur, after RSF soldiers stormed the facility, opened fire, and looted it, including stealing an MSF ambulance,” MSF Sudan said on social media Saturday. As a result, patients are being moved to Paediatric and Saudi hospitals “which were unprepared for such an influx,” it added. The NGO added on X, formerly known as Twitter, there were only ten patients and a reduced medical team at the hospital at the time.

Persons: “, ”, Emergencies Michel Lacharite, Lacharite, Massrali, RSF Organizations: CNN, Sudanese, Fighters, Rapid Support Forces, MSF, Ministry of Health, South Hospital, Twitter, Emergencies, MSF Sudan, Foreign Affairs, Security, EU, El, Humanitarian, United Nations, UN, UN’s, Organization for Migration, Sudanese Armed Forces, SAF, UN Office, Humanitarian Affairs Locations: North Darfur, South, El Fasher, MSF Sudan, El, Darfur, Sudan

☆ Saudi oil giant Aramco's shares rise after stock sale set to raise $11.2 billion
▼ + stars: | 2024-06-09 | by ( Katrina Bishop | ) www.cnbc.com time to read: +1 min

Saudi Aramco logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. Shares of Saudi Arabia's Aramco rose on Sunday following a stock sale that's set to raise the state oil company around $11.2 billion. Shares were trading around 28.25 Saudi riyals ($7.53) on the Tadāwul Saudi stock exchange at 11:30 a.m. local time (4:30 a.m. ET), above the stock sale offer price of 27.25 Saudi riyals. Citing sources, Reuters reported that demand for the offering topped $65 billion, and Aramco placed over half of the sale with foreign investors.

Persons: Prince Mohammed bin Salman's, —, Ruxandra Iordache Organizations: Saudi Aramco, Saudi, Aramco, Reuters, CNBC, U.S . Federal Locations: Saudi, Saudi Arabia, Neom

☆ 2 cargo ships caught fire after being hit by projectiles in suspected Houthi attacks off the coast of Yemen
▼ + stars: | 2024-06-09 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

Read previewTwo cargo ships traveling off Yemen's southern port city of Aden caught fire after being hit by projectiles suspected to have been fired by Houthi rebels, UK maritime agencies reported. Suspicion for the attack fell on Yemen's Houthi rebels, who have not claimed responsibility for the latest attack but have been targeting shipping in the area for several months with missiles and drones. AdvertisementThe British security firm Ambrey later said a cargo vessel from Antigua and Barbuda had been hit by a missile 83 nautical miles southeast of Aden. "The master reports that the vessel was hit by an unknown projectile on the aft section, which resulted in a fire. On Monday, the Houthi rebels said they had fired a new solid-fuel missile called the "Palestine" at the southern Israeli city of Eilat on Monday.

Persons: —, Houthi, Sundayit, Yemen's, Ambrey, UKMTO, we're, Stéphane Dujarric Organizations: Service, United Kingdom Maritime Trade Operations, UK's Royal Navy, Business, Reuters, Command, Reuters Houthis, Shipping, US Navy, UN, Unicef, Food, Unesco, Bloomberg Locations: Aden, UKMTO, Antigua, Barbuda, Yemen, Israel, Gaza, Africa, Palestine, Eilat, Monday, New York

☆ Israeli minister Benny Gantz resigns from war cabinet in blow to Netanyahu
▼ + stars: | 2024-06-09 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +5 min

CNN —Israeli war cabinet member Benny Gantz has resigned from Benjamin Netanyahu’s government, delivering a blow to the prime minister who has been celebrating the rare rescue of hostages held in Gaza. Israeli Minister Benny Gantz addresses the media after announcing his resignation from Israeli Prime Minister Benjamin Netanyahu’s emergency government on June 9, 2024. Besides the prime minister, the only other remaining member of the emergency government with decision-making power is Defense Minister Yoav Gallant, also from Likud. Eyad Baba/AFP/Getty ImagesThe United States has repeatedly called on the prime minister to present a tangible post-war plan for Gaza. “The more identical his positions are to those of the prime minister, the more he’ll lose on both sides.

Persons: Benny Gantz, Benjamin Netanyahu’s, “ Netanyahu, ” Gantz, ”, Gantz –, –, Netanyahu, hesitancy, “, Gantz, Benjamin, Nir Elias, Benny Gantz –, Don’t, ” Netanyahu, Yoav Gallant, Gantz ’, Eyad Baba, Joe Biden, ” Alon Pinkas, Pinkas, ” Pinkas, centrists Organizations: CNN, Likud, Israeli Special Forces, Getty, Israel’s Haaretz Locations: Gaza, Israel’s, Israel, AFP, States, Saudi Arabia, Israeli

☆ How the USA’s shock cricket triumph reflects a global sporting and geopolitical transformation
▼ + stars: | 2024-06-08 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

A national cricket team that most Americans didn’t even know they had beat one of the sport’s global powers Pakistan, for whom the game is a national obsession. “There is this pivot from global north to global south,” said Chadwick. The first ever international fixture was between the United States and Canada in 1844 in New York. The World Cup is being carried in the US on Willow TV, a streaming service that is also available on cable systems for an extra fee. The global game, soccer, has several times hubristically tried to conquer the US and it’s taken years to reach its current level with strong pro leagues the MLS and the NWSL.

Persons: didn’t, ”, Monank Patel, Corey Anderson, “ It’s, “, Peter Della Penna, Donald Trump, Narendra Modi, Simon Chadwick, “ You’ve, You’ve, It’s, Virat Kohli, Germain, LIV, Modi, Chadwick, Donald Bradman, Michael Jordan, Pakistan –, Saurabh, Milind Kumar, hubristically, it’s, Della Penna, you’re, ” Della Penna Organizations: CNN, team, Cricket, Pakistan, USA Cricket, New Zealand, Indian, , Indian Premier League, Major League Cricket, IPL, US, America, United Arab Emirates, Manchester City, Paris Saint, Formula One, Hindu, FIFA, Beijing, Bowlers, Down, England, Elite US, Willow, MLS, England’s Premier League, Manchester United, Arsenal, tailgates, Women’s National, TV, South Locations: Pakistan, United States, Caribbean, Texas, American, America, Long, , New York, India, Australia, Nassau County, Ahmedabad, Gulf, United Kingdom, Europe, East, South Asia, British, Sri Lanka, South Africa, Zealand, England, North Carolina, Manchester, Qatar, Paris, Germain . Middle, Saudi Arabia, Los Angeles, There’s, Canada, New York, Sri Lankan, California, New Delhi, China, Belgium, Commonwealth

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