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Joe Biden will host his first live press conference since his disastrous debate. It will be a massive litmus test in his reelection campaign. Supporters argue he'll silence critics, but the dam could break on calls for him to drop out. AdvertisementTonight will be a massive litmus test for Joe Biden's reelection campaign — and his critics are ready to pounce. The president will host an unscripted live press conference to conclude the NATO summit in Washington DC.
Persons: Joe Biden, , Joe Biden's, Donald Trump's Organizations: Service, NATO, Washington DC, Democratic, Business Locations: Washington
CNN —President Joe Biden will sit down with NBC Nightly News anchor Lester Holt for an interview that will tape and air next Monday, the network announced. Portions of the interview will first air Monday at 6:30 pm ET on NBC Nightly News. Last week, Biden sat down with ABC’s George Stephanopoulos for a 22-minute interview that drew in more than 8 million viewers. Biden has sat for the fewest number of television interviews as president since President Ronald Reagan, according to data from Professor Martha Joynt Kumar, a presidential scholar who tracks press interactions. The interview with Holt will be Biden’s sixth sit-down with a news network in 2024.
Persons: Joe Biden, Lester Holt, Biden, ABC’s George Stephanopoulos, Ronald Reagan, Martha Joynt Kumar, Holt Organizations: CNN, NBC Nightly, Democratic, NBC Locations: Austin , Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Optics for the EU are not great,' says analyst on Hungarian PM Viktor Orban's Moscow visitBota Iliyas, analyst at Control Risks, joins CNBC's Silvia Amaro to discuss the ongoing fallout from Hungarian Prime Minister Viktor Orban's trip to Moscow, which sparked criticism from EU leaders.
Persons: Viktor Orban's Moscow, Bota Iliyas, CNBC's Silvia Amaro, Viktor Orban's Organizations: Control Locations: Hungarian, Moscow
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's huge support for the New Popular Front and the PM should be from our party, MP saysClaire Lejeune, MP for La France Insoumise, discusses France's "brutal and sudden" snap election and what to expect from the New Popular Front, the left-wing coalition that won the election.
Persons: Claire Lejeune Organizations: New, La France Insoumise
He's credited with creating the European Political Community, bringing leaders from across 50 states in the region to discuss shared challenges and to coordinate joint responses. For now, Macron has rejected his current Prime Minister Gabriel Attal's resignation and on Monday asked him to stay in the post "to ensure the country's stability." Subran stressed that it was vital that Macron was aligned with the future prime minister. It hasn't paid off, and France's uncertain political outlook will likely perturb France's European partners, one French political scientist told CNBC. French President Emmanuel Macron reviews troops that will take part in the Bastille Day parade, July 2, 2024 in Paris, France.
Persons: Emmanuel Macron, Sebastien Salom, Emmanuel Macron's, Macron, , Tina Fordham, it'll, Fordham, Francois Hollande, Angela Merkel, He's, Germany —, Volodymyr Zelenskyy, Hollande, Gabriel Attal's, Ludovic Subran, Subran, Donald, Trump, — we're, CNBC's Charlotte Reed, it's, Macron's, hasn't, Philippe Marlière, France isn't, Aurelien Organizations: Afp, Getty Images, Fordham Global Foresight, CNBC, NATO, European Union, Socialist, Political, Russia, Ukrainian, Reuters, NFP, Monday, Allianz, U.S, Republican, NurPhoto, EU, University College London Locations: gomis, Europe, France, Washington, Ukraine, Germany, Kyiv, Paris, China, Brussels, Strasbourg, Russia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump has the 'most pro-European position,' says Hungarian PM Orbán's advisorBalázs Orbán, political director for Hungarian Prime Minister Viktor Orbán, discusses the Russia-Ukraine war and U.S. presidential election.
Persons: Trump, Balázs Orbán, Viktor Orbán Organizations: Hungarian Locations: Russia, Ukraine
Russia's President Vladimir Putin and India's Prime Minister Narendra Modi walk during their meeting at the Novo-Ogaryovo state residence near Moscow, Russia July 8, 2024. Their partnership has become more complicated, however, as Russia has moved closer to China amid international isolation of Moscow over Ukraine. Russian state media reported that they would also discuss Moscow helping India build more nuclear power plants. The two countries already are collaborating on the Kudankulam nuclear power project in the southern Indian state of Tamil Nadu. With Moscow's arms industries mostly serving the Russian military in Ukraine, India has been diversifying its defense procurements, buying more from the U.S., Israel, France and Italy.
Persons: Vladimir Putin, Narendra Modi, Putin, Modi, Volodymyr Zelenskyy, Matthew Miller, Vinay Mohan Kwatra Organizations: India's, Indian, NATO, . State Department, Shanghai Cooperation Organization, India, Russian Locations: Moscow, Russia, Washington, Ukraine, China, Kazakhstan, Beijing, Russian, Kyiv, India, New Delhi, Tamil Nadu, United States, Vladivostok, Uzbekistan, U.S, Israel, France, Italy, Chennai, East
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCentrist parties won't allow Jean-Luc Melenchon to become France's PM, analyst saysAntonio Barroso, deputy director of research at Teneo, says centrist parties will not allow a divisive, far-left figure like France Unbowed's Jean-Luc Melenchon to lead a future government.
Persons: Jean, Luc Melenchon, Antonio Barroso, France Unbowed's Jean Locations: France
[The stream is slated to start at 1:15 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.
Persons: Bob Pisani Organizations: Edge
UK PM Rishi Sunak concedes defeat
  + stars: | 2024-07-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK PM Rishi Sunak concedes defeatThe Conservative’s Rishi Sunak, who has been prime minister since October 2022, held onto his seat in Richmond and Northallerton in the U.K. parliamentary election.
Persons: Rishi Sunak Locations: Richmond, Northallerton
Why ABC moved the Biden interview to air Friday night
  + stars: | 2024-07-05 | by ( Hadas Gold | ) edition.cnn.com   time to read: +2 min
CNN —When ABC News first secured its exclusive interview with President Joe Biden, the rollout plan was paint-by-numbers. Anchor George Stephanopoulos is expected to interview Biden on Friday in Wisconsin, the president’s first extended interview with a major media network since his disastrous debate performance last week that has led many in the Democratic Party to question whether Biden should be the nominee. ABC had planned to release clips Friday evening, and the whole interview would air during Stephanopoulos’ Sunday morning show, “This Week With George Stephanopoulos.”Recognizing this extraordinary political moment, however, ABC had a change of heart. When ABC executives agreed to a time slot for the interview on Friday evening, they notified the White House and changed course, the source said. It’s not clear how long the interview will end up lasting, but ABC affiliates have it slated for a 30-minute special.
Persons: Joe Biden, George Stephanopoulos, Biden, , Donald Trump, Stephanopoulos, Bill Clinton Organizations: CNN, ABC News, ABC, Democratic Party, ” ABC, White, Biden, White House Locations: Wisconsin, Stephanopoulos
UK's Starmer appoints Reeves and Rayner to top ministerial team
  + stars: | 2024-07-05 | by ( ) www.cnbc.com   time to read: +1 min
Britain's new Prime Minister Keir Starmer began appointing his ministerial team on Friday following a thumping election victory for his Labour Party, naming Rachel Reeves as the country's first female finance minister and Angela Rayner as deputy PM. Starmer appointed David Lammy as Britain's new foreign minister and as John Healey the defence minister, while Yvette Cooper becomes interior minister, known as home secretary, overseeing domestic security and policing. Starmer has pledged to help rebuild Britain and provide political stability after 14 years of Conservative government that has seen five prime ministers and an even higher turnover of other key ministers, including 10 education secretaries. The appointments of his most senior team were widely expected, with ministers being named to the policy briefs they held while serving in opposition. Rayner will also serve as secretary for levelling up, housing and communities.
Persons: Keir Starmer, Rachel Reeves, Angela Rayner, Starmer, David Lammy, John Healey, Yvette Cooper, Healey, Rayner Organizations: Labour Party, Lammy, Ukraine, Conservative Locations: Russia, Gaza, Britain
Outgoing Conservative Prime Minister Rishi Sunak speaks to the media as he leaves 10 Downing Street following Labour's landslide election victory on July 5, 2024 in London, England. Leon Neal | Getty Images News | Getty ImagesLONDON - Outgoing UK Prime Minister Rishi Sunak on Friday said he will step down as the leader of the Conservative Party after the opposition Labour Party secured a landslide victory in Thursday's nationwide election. Sunak announced he will step down as the leader of the Conservative Party as soon as the formal arrangements for selecting his successor are in place. The Conservative Party suffered its lowest result, in terms of seats, in its post-war history. Keir Starmer's Labour Party won its second-largest majority after former Prime Minister Tony Blair's 179-seat majority in 1997.
Persons: Rishi Sunak, Leon Neal, Sunak, King Charles III, Keir Starmer's, Tony Blair's, Grant Shapps, Penny Mordaunt Organizations: Conservative, Getty, Conservative Party, Labour Party, Downing, Labour, Keir Starmer's Labour Party, Northallerton, Commons Locations: London, England, Thursday's, Downing, United Kingdom, Richmond
London CNN —The Labour Party has won a landslide victory in the UK general election, sweeping into power after 14 years of Conservative rule on the back of a wave of public disillusionment. Addressing the nation from outside 10 Downing Street for the first time as prime minister, Starmer had one overarching message: Change starts now. There were high-profile casualties, with the short-lived former Prime Minister Liz Truss and several cabinet ministers being booted out by voters. Conservative leader and, as of Friday morning, former Prime Minister Rishi Sunak took responsibility for the electoral wipeout, apologizing to voters in his farewell address. Leaving the palace as the newly minted prime minister, he then headed straight to Downing Street.
Persons: Keir Starmer, King Charles III, Starmer, , Liz Truss, Rishi Sunak, Sunak, , Akshata Murty, Nigel Farage, Donald Trump, Farage, Sinn Féin, Clodagh Kilcoyne, Rachel Reeves, Angela Rayner, David Lammy, Yvette Cooper, Jeremy Corbyn, Yui Mok, Tony Blair, Starmer –, , Israel “, David Cameron, Brexit –, Boris Johnson Organizations: London CNN, Labour Party, Conservative Party, Labour, Conservative, Downing, British, Conservatives, Liberal, Lib Dems, Reform UK, Green Party, Scottish National Party, Irish, Democratic Unionist Party, DUP, Reuters Government, Home, Tories, European Union Locations: British, United Kingdom, Buckingham, Scotland, Northern Ireland, Ireland, Westminster, Starmer, Gaza, Britain, Europe, United States, Ukraine
The Labour party's pledge, for example, to increase taxes on the compensation that private equity fund managers received raised a few eyebrows, and led to questions on what this could mean more broadly. In a note Friday, analysts at Jefferies said, despite concerns raised by a strong showing for the right-wing Reform UK Party, the Labour Party's U.K. election win would help make the U.K. appear "relatively stable." "A widely predicted Labour win in the UK could usher in an era of greater stability for the UK … which should help bolster investor sentiment towards the UK," she said. "U.K. bank stocks in the end are one of the biggest proxies for U.K. economic growth," he said. If results are as expected, attention will shift away from the U.K. election quickly, Shreyas Gopal, strategist, and Sanjay Raja, senior economist at Deutsche Bank, said in a note published Wednesday.
Persons: Vuk Valcic, hasn't, Jefferies, James McManus, Susannah Streeter, Hargreaves Lansdown, McManus, Liz Truss, Streeter, Richard Donnell, Nutmeg's McManus, CNBC's Silvia Amaro Friday, Mark Fielding, Fielding, Shreyas Gopal, Sanjay Raja, BoE, Francesco Pesole, Pesole Organizations: City of, Labour Party, Conservatives, U.S ., Labour, CNBC, Stock, Reform UK Party, Hargreaves, Deutsche Bank, ING, Bank of England, ECB Locations: Bishopsgate, City, City of London, London, France
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People celebrate exit poll results at a "Stop The Tories" election afterparty in London, on July 4. Last month’s European elections saw a historic number of lawmakers from hard-right and far-right parties elected to the European Parliament. Farage’s political success to date has all come without him holding a parliamentary seat. It is possible that Farage’s splitting of the right has actually helped Starmer increase his majority in parliament. An odd quirk of British politics is that the percentage of votes a party gets doesn’t necessarily translate to seats.
Persons: Suzanne Plunkett, Emmanuel Macron, Benito Mussolini, Euroskepticism, Nigel Farage, Donald Trump, Keir Starmer, Starmer’s, Farage, Starmer Organizations: United, Labour Party, Parliament, European, Conservative Party, Reform, Conservatives, Labour Locations: London, Europe, Netherlands, Italy, Britain, British
King Charles III takes part in the Ceremony of the Keys on the forecourt of the Palace of Holyroodhouse in Edinburgh, Scotland on July 2. Andrew Milligan/WPA Pool/Getty ImagesYou may have noticed King Charles III hasn’t been out and about quite as much over the last six weeks and it’s not for the reason you think. As this is the first general election of Charles III’s reign, there may have been a desire from within the institution to emphasize this. First off, the PM informed King Charles of his decision to call for a general election. That’s because the day after a general election, the monarch invites the leader of the party that won the most seats in the House of Commons to Buckingham Palace.
Persons: King Charles III, Andrew Milligan, King Charles III hasn’t, it’s, Rishi Sunak, Buckingham, Charles III’s, King Charles, King, Charles Organizations: Buckingham Palace, “ Holyrood Locations: Holyroodhouse, Edinburgh, Scotland, London, Buckingham
Original tickets for the Eras Tour sold out quickly, and Paramore hasn't yet announced any other concert dates for 2024. Paramore 2024 tour scheduleParamore will open for the European leg of the Taylor Swift Eras tour, with tour dates slated through August 2024 in multiple countries. How to buy tickets for Paramore 2024 concert tourParamore is opening for the European leg of the Taylor Swift Eras Tour, which has already sold out. While Taylor Swift tickets are in high demand, the European leg of her Eras tour has significantly cheaper tickets than US dates, which start at around $2,600. Paramore is only scheduled for the European dates, with Gracie Abrams listed as the opening act for Taylor's North American Eras tour dates this fall.
Persons: Paramore, Taylor, Hayley Williams, Taylor York, Zac Farro, Swift, Paramore hasn't, Gracie Abrams, Taylor Swift, hasn't Organizations: Business, Misery, Paramore Locations: Europe, U.S, Amsterdam, Netherlands, Zurich, Switzerland, Milan, Italy, Gelsenkirchen, Germany, Hamburg, Munich, Warsaw, Poland, Vienna, Austria, London, United Kingdom, Canada
[The stream is slated to start at 1:10 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.
Persons: Bob Pisani Organizations: Edge
Vandalized posters with images of local candidates for the European Parliament election mixed with those from the first round of the 2024 French legislative elections, seen on June 24 2024, in Val d Arry, Calvados. France will hold an early legislative election in two rounds on June 30 and July 7 2024, following President Emmanuel Macrons decision which was triggered by his party's heavy defeat to the far-right National Rally in the 2024 European Parliament election. Nurphoto | Nurphoto | Getty ImagesFrench voters are heading to the polls on Sunday for the first round of voting in a snap parliamentary election that could see the far-right National Rally group become the biggest party in France's National Assembly, polls suggest. Calling the snap election, which will involve two rounds of polling on Sunday and on July 7, Macron said the vote would provide "clarification" and that "France needs a clear majority to act in serenity and harmony." French President Emmanuel Macron waits for guest arrivals for a conference in support of Ukraine with European leaders and government representatives on February 26, 2024 in Paris, France.
Persons: Emmanuel Macrons, Emmanuel Macron, Jordan Bardella, Macron, Le Pen, Jordan Bardella —, Pen, Peter Garnry, Giorgia Meloni, George Dyson, Dyson, Ludovic Marin Organizations: Nurphoto, Getty, National Assembly, National, Analysts, Chesnot, New Popular, National Rally, Le, Palais des Sports, Saxo Bank, Risks, Republicans, Renaissance, Nexus Institute, AFP Locations: Val d, Calvados, France, Ukraine, Paris, Germany, The Hague, Netherlands
Yet, there are arguments that the potential problems caused by shark feeding tourism are outweighed by the benefits. When it comes to migratory patterns, the science is limited but points to shark feeding having a negligible effect on their movement. As long as there are sharks in the ocean, I’ll be diving in – hoping to cherish them in person. CNNOpponents of shark feeding will also point to several fatal accidents during shark dive tours, including one late last year. As long as there are sharks in the ocean, I’ll be diving in — hoping to cherish them in person.
Persons: Boris Sanchez, Anderson Cooper, you’re, I’m, it’s, I’ve Organizations: CNN, Central, Tiger, chum, Zoological Society, Saturn Locations: Washington , DC, Bahamas, bonito, , Australia,
That’s because the economy has consistently ranked among the top — if not the very top — voter issues in presidential election after presidential election. Unemployment: Low, but with warning signs aheadThe nation’s unemployment rate stayed below 4% for 27 months, its longest such streak and a match for a period in the 1960s. That streak ended last month, when the unemployment rate rose to 4% from 3.9%. That means job seekers might find it harder to get hired. The number of job openings in the US economy recently fell to a three-year low.
Persons: Bill Clinton’s, Joe Biden, Donald Trump, David Paul Morris, Joe Raedle, they’ve, Frederic J . Brown Organizations: New, New York CNN, ABC, CNN, Bloomberg, Getty, of Labor Statistics, Target, Walmart Locations: New York, AFP
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Soon, he could well become prime minister if RN wins an absolute majority in the forthcoming parliamentary elections — and he's only 28. Bardella's rise from party spokesman in 2017 to party president over the course of five years is somewhat remarkable for a man who is only 28. Bardella excelled in economics and social sciences at a private college and joined National Rally — then known as the National Front — at the age of 16. Two years later, he became a Member of the European Parliament (MEP) before being made party president in 2022. Jordan Bardella, president of the National Rally, speaks to members of the media as he arrives at Medef in Paris, France, on Thursday, June 20, 2024.
Persons: Jordan Bardella, Julien De Rosa, Bardella, Denis, Joseph Downing, Pen, Jean, Luc Mélenchon, Frederic Chatillon, Le Pen, Le, , Critics, Francois Lo Presti, Macron, Holger Schmieding, Bardella's, Emmanuel Macron's Organizations: Afp, Getty, National, CNBC, National Rally, Paris Sorbonne University, London School of Economics, European Institute, National Assembly, Le, Palais des Sports, Nurphoto, cri, Union, NATO, Berenberg Bank, Popular, Bloomberg Locations: Paris, Villepinte, France, Bardella, Drancy, Paris suburb, Seine, Montmorency, Morocco, Henin, Beaumont, Ukraine, French, Medef
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