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☆ Trump will quit NATO, Hillary Clinton says, as anxiety mounts over U.S. commitment to the alliance
▼ + stars: | 2024-02-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

"He will pull us out of NATO," Clinton told attendees during a lunchtime session. watch nowU.S. Republican Senator Jim Risch, ranking member of the Senate Committee on Foreign Relations, on Saturday dismissed talk of the U.S. quitting NATO, saying: "We have answered that question." Clinton said, however, that Trump could actually just refuse to fund the alliance. Dutch Prime Minister Mark Rutte earlier Saturday referenced constant "moaning and whining" at the event about the future of NATO under Trump. Indeed, Germany's defense minister said that his country's commitment to spend 2% of GDP on defense should be just the start, noting that the threshold could rise to 3.5% if necessary.

Persons: Donald Trump, Joe Raedle, Hillary Clinton, Clinton, doesn't, Jim Risch, Trump, Europe's, Mark Rutte, Olaf Scholz, Mette Frederiksen, Frederiksen, Jens Stoltenberg, CNBC's Silvia Amaro Organizations: U.S, Getty, NATO, Saturday, White, Munich Security Conference, Trump, Congress, Republican, Foreign Relations, United States Senate, CNBC, U.S . House, Representatives, Dutch, Danish Locations: Lago, West Palm Beach , Florida, MUNICH, Germany, U.S, Russia, Munich, Ukraine, Europe, NATO, United States

☆ NATO head says the U.S. won't withdraw from alliance: It makes them 'stronger'
▼ + stars: | 2024-02-17 | 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 EmailNATO head says the U.S. won't withdraw from alliance: It makes them 'stronger'Speaking at the Munich Security Conference, Jens Stoltenberg, secretary general of NATO, tells CNBC's Silvia Amaro that regardless of the outcome of the U.S. election, he expects the country to remain a "staunch" ally of the allaince.

Persons: Jens Stoltenberg, CNBC's Silvia Amaro Organizations: NATO, Munich Security Locations: U.S

☆ Spending 2% on defense 'can only be the start of it,' says Germany's Boris Pistorius
▼ + stars: | 2024-02-17 | 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 EmailSpending 2% on defense 'can only be the start of it,' says Germany's Boris PistoriusSpeaking on a panel hosted by CNBC's Silvia Amaro at the Munich Security Conference, German Defense Minister Boris Pistorius discussed NATO's 2% investment target and geopolitical risks around the world.

Persons: Boris Pistorius, CNBC's Silvia Amaro Organizations: Munich Security Conference, German

☆ Singapore's defense minister says trade is necessary for peace — and 'China is not Russia'
▼ + stars: | 2024-02-17 | 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 EmailSingapore's defense minister says trade is necessary for peace — and 'China is not Russia'Speaking at the Munich Security Conference, Ng Eng Hen, Singapore's minister for defence, tells CNBC's Silvia Amaro on a panel that trade is crucial when talking about the prevention of conflict.

Persons: —, Ng Eng, CNBC's Silvia Amaro Organizations: Munich Security Locations: China, Russia

☆ The American who bought a home in Italy and found ‘big surprises’ inside
▼ + stars: | 2024-02-16 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +8 min

CNN —Buyers from all over the world are snapping up charming old houses in isolated villages in Italy. Chicago-based saxophonist Joshua Shapiro, 48, embarked on the quest for la dolce vita as the first step toward a change of life. Many empty homes featured on the local website where owners meet buyers are sold or rented with furniture, but what eventually ends up being left inside is usually negotiated between parties. Courtesy Joshua ShapiroThere was also a bizarre encounter when he first went to take a peek inside the house he had just bought. Accompanied by Castellano, the deputy mayor, Shapiro says he was surprised to find it had tenants inside – a group of elderly nuns.

Persons: we’ll, Stanley Tucci, Joshua Shapiro, “, ” Shapiro, ”, Shapiro, MC Newman Shapiro, Latronico, he’d, –, – it’s, Vincenzo Castellano, – Shapiro, Castellano, Latronico’s Organizations: CNN, intel Locations: Italy, . Chicago, United States, Latronico, Basilicata, Europe, Florence, Rome, Bari, –, American, Chicago

☆ U.S. troops will be on the front lines against Russia without further Ukraine aid, Senator Coons says
▼ + stars: | 2024-02-16 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

MUNICH, Germany — The U.S. faces the prospect of direct combat with Russia if it fails to provide continued financial and military support for forces on the ground in Ukraine, U.S. Democratic Sen. Chris Coons said Friday. Calling for bipartisan support from the U.S. House of Representatives for a new $95 billion aid package that includes funds for Ukraine, Coons said that investment in Europe was the U.S.' best defense against Moscow. "In the next front against Russia, it will be Americans on the front lines," Coons told CNBC's Silvia Amaro at the Munich Security Conference. Without doing so, Coons said Putin was likely to target a NATO ally next. "If we don't stop Putin in Ukraine, he will next be attacking NATO allies of the United States," he said.

Persons: Sen, Chris Coons, Democratic Sen, Coons, CNBC's Silvia Amaro, Vladimir, Putin, Joe Biden Organizations: Senate Armed Services, Foreign Relations, Capitol, Washington , D.C, Democratic, U.S . House, Ukraine, Moscow, Russia, Munich Security, U.S, Senate, NATO Locations: Afghanistan, Washington ,, MUNICH, Germany, The U.S, Russia, Ukraine, U.S, Europe, United States

☆ Lebanon foreign minister: We need a full solution in the Middle East, not half a solution
▼ + stars: | 2024-02-16 | 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 EmailLebanon foreign minister: We need a full solution in the Middle East, not half a solutionDr. Abdallah Bou Habib, Lebanon's minister of foreign affairs and emigrants, speaks to CNBC's Silvia Amaro from the Munich Security Conference.

Persons: Abdallah Bou Habib, CNBC's Silvia Amaro Organizations: Lebanon, Munich Security Conference

☆ Only the U.S. can force peace in the Middle East and it should pressure Israel, Lebanon foreign minister says
▼ + stars: | 2024-02-16 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Lebanon's foreign minister called on the U.S. to pressure Israel and bring an end to its bloody war with Palestinian militant group Hamas, which has now entered its fifth month. "We want peace, I think the Palestinians are ready for peace and Americans should — [they are] the only country that can really enable peace," Bou Habib told CNBC's Silvia Amaro. "But they should exert some pressure over Israel like what happened in the 70s, Kissinger was there, and he exerted pressure on Israel to do the peace." Recent bills in the U.S. Congress have allocated tens of billions more in military aid since the Hamas terror attack of Oct. 7 that killed roughly 1,200 people. If the U.S. can't play a prominent role in stopping the hostilities, "then the war will continue," Bou Habib said.

Persons: Abdallah Bou Habib, Bou Habib, CNBC's Silvia Amaro, Kissinger, Henry, Israel, Israel's Organizations: Palestinian, Hamas, CNBC, Munich Security, Congressional Research Service, U.S . Agency for International Development, Washington, U.S, Congress Locations: Israel, Washington, U.S, Gaza

☆ Belgium PM says NATO countries need to be 'more united than ever'
▼ + stars: | 2024-02-16 | 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 EmailBelgium PM says NATO countries need to be 'more united than ever'Speaking at the Munich Security Conference, Alexander De Croo, the prime minister of Belgium, tells CNBC's Silvia Amaro that NATO countries need to be more united than ever. His comments came as he addressed reports that Kremlin critic Alexei Navalny had died, describing him as "one of the most courageous people in Russia."

Persons: Alexander De Croo, CNBC's Silvia Amaro, Alexei Navalny Organizations: Belgium, NATO, Munich Security Conference Locations: Belgium, Russia

☆ U.S. 'very concerned' about China's dominance as a critical minerals supplier, energy chief says
▼ + stars: | 2024-02-14 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

U.S. Energy Secretary Jennifer Granholm on Wednesday said the country is "very concerned" about China's grip on the global supply chain for critical minerals. China is the undisputed leader in the critical minerals supply chain, accounting for roughly 60% of the world's production of rare earth minerals and materials. "It's one of the pieces of the supply chain that we're very concerned about in the United States. We do not want to be over reliant on countries whose values we may not share," Granholm told CNBC's Silvia Amaro on Wednesday when asked about China's dominance as a critical minerals supplier. "We know all countries want to ensure that we have a critical stockpile of critical minerals and that we are allowed to diversify the supplies of those stockpiles.

Persons: Jennifer Granholm, Granholm, CNBC's Silvia Amaro Organizations: Energy, Wednesday, International Energy, International Energy Agency Locations: China, United States, Paris, France, U.S, Australia, Canada

☆ European Union is considering sanctions on Chinese firms for aiding Russia's war machine
▼ + stars: | 2024-02-13 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

This pool photograph distributed by Russian state owned agency Sputnik shows Russia's President Vladimir Putin (R) and China's President Xi Jinping heading to a group photo session during the third Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on October 18, 2023. The European Union is looking to sanction Chinese firms that it believes have helped Russia circumvent Western penalties, looking to slap measures against these mainland China businesses for the first time since the war began, three EU officials told CNBC. The 27-member bloc is working on a 13th package of sanctions in the wake of Russia's full-scale invasion of Ukraine, which could be ready later this month to mark the second-year anniversary of the war. One of the EU officials, who did not want to be named due to the sensitive nature of the talks, said: "Chinese companies and entities from other third countries, which are involved in supporting Russia to circumvent sanctions" will feature in the next round of measures levied against Russia for its war in Ukraine. Another official said that the 27 EU ambassadors will discuss the proposal at a meeting on Wednesday, adding that "work is ongoing."

Persons: Vladimir Putin, Xi Jinping Organizations: Sputnik, Forum, International Cooperation, of, People, European, CNBC, Russia Locations: Beijing, Russia, China, Ukraine

☆ Angry farmer protests are spreading across Europe — and getting results
▼ + stars: | 2024-02-12 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

But that reputation is now being firmly tested, after it toned down its climate policies following angry farmer protests that are taking place across the continent. The European Commission, the executive arm of the EU, now intends to scrap a plan to halve pesticide use. Speaking to CNBC Thursday, the EU's Agriculture Commissioner Janusz Wojciechowski said he was "happy" about the U-turns because they were not "fully fair." The EU wants to become carbon neutral by 2050. It also wants to cut greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels.

Persons: Janusz Wojciechowski, Wojciechowski, Europe's, Alberto Alemanno, Alemanno Organizations: European Commission, EU, CNBC, Paris Business School Locations: H.E.C

VATICAN CITY (AP) — Argentina’s faith and politics came together Sunday as Pope Francis canonized the country’s first female saint with Argentina's libertarian president, Javier Milei, sitting in the front row of St. Peter’s Basilica. The Mass to declare Mama Antula a saint marked the first meeting between the Argentine pope and Milei, who once called Francis an “imbecile” for defending social justice. Milei is to meet privately with Francis on Monday, before also having private talks with Italy’s far-right Premier Giorgia Meloni and the president. “It’s a gift of God that Pope Francis — an Argentine pope, a Jesuit pope — can canonize her,” he said. “But Mama Antula is a saint independent of Francis.”

Persons: Pope Francis, Javier Milei, Mama Antula, Milei, Francis, ”, Francis ’, —, Italy’s, Giorgia Meloni, ” Francis, Moses, “, María Antonia de Paz y Figueroa, Silvia Correale, Mama, Mama Antula's, ” Correale, Ignatius, Jorge Ignacio García Cuerva, Antula, Pope Benedict XVI, Pope Francis — Organizations: VATICAN CITY, Argentine, Associated Press, St, Catholic Church Locations: Peter’s, Argentina, Rome, Israel, Argentine, Jerusalem, Buenos Aires, Uruguay

ACCRA, Ghana (AP) — Seven royal artifacts looted 150 years ago by British colonial forces from Ghana’s ancient Asante kingdom and kept by a United States museum have been returned and presented to the kingdom on Thursday, the latest of a series of stolen treasured items being repatriated to several African countries. After decades of resistance from European and Western governments and museums, the efforts of African countries to repatriate stolen artifacts are paying off with the increasing return of treasured pieces. That was when four of the items were looted while the other three were part of an indemnity payment made by the Asante kingdom to the British, the museum said. All seven items are being returned unconditionally and permanently though the kingdom allowed their replicas to be made, the museum added. “And ever since, as a kid, I had the vision that one day we shall have all these artifacts back to our Asante nation.”

Persons: Otumfuo Osei Tutu, Asante, ”, Kwasi Ampene, Silvia Forni, Samuel Opoku Acheampong, Acheampong Organizations: United, Fowler Museum, University of California, Asante Locations: ACCRA, Ghana, United States, British, Los Angeles, Asanteman, Ghana’s, Kumasi, Asante

☆ Analysis-West Africa's 'Brexit' Moment Spells Trouble for the Region
▼ + stars: | 2024-01-30 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +6 min

Ivory Coast alone is home to more than 5 million people from Burkina Faso, Mali and Niger. Earlier this month, Russia and Niger, ruled by a junta since a coup last year, agreed to develop military ties. Russian military personnel flew into Burkina Faso's capital Ouagadougou last week to ensure the safety of the country's military leader. EMPTY THREATECOWAS has responded to a wave of coups in the region since 2020 with sanctions that the juntas have called "illegal and inhumane." "The departure from ECOWAS will have catastrophic consequences for the ability to respond to the many security challenges facing this region," said Abba.

Persons: Bate Felix, David Lewis, Giulia Paravicini, Seidik Abba, Russia's Wagner, Mucahid Durmaz, Verisk Maplecroft, Charlie Robertson, Kwesi Aning, Gilles Yabi, Adama Coulibaly, Nagnouma Keita, Abba, Tiemoko Diallo, Boureima, Silvia Aloisi, Andrew Cawthorne Organizations: Giulia Paravicini DAKAR, West, West African States, Reuters, Islamic, FIM Partners, European Union, ECOWAS, CFA Locations: Mali, Burkina Faso, Niger, Russia, Ivory Coast, Niger . Niger, Nigeria, Paris, Ghana, Togo, Benin, France, United States, Burkina Faso's, Ouagadougou, West Africa, United, London, Bamako, Guinea, China

☆ 'It's the quarter that differs': SEB CEO discuss fourth-quarter earnings
▼ + stars: | 2024-01-25 | 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 Email'It's the quarter that differs': SEB CEO discuss fourth-quarter earningsJohan Torgeby, CEO of SEB, speaks to Silvia Amaro about the Swedish bank's latest earnings.

Persons: SEB, Johan Torgeby, Silvia Amaro Locations: Swedish

☆ Naples: 2000 year-old Roman beach house discovered during building work
▼ + stars: | 2024-01-19 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +4 min

Naples, Italy CNN —A three-year project to build a children’s playground and recreation area south of the Italian city of Naples has unearthed the ruins of a 2000-year-old clifftop beach house. Experts believe it could have once been the opulent residence of Pliny the Elder, the legendary author, naturalist, and commander of the Roman navy fleet stationed there. Courtesy Comune Di BacoliAs well as acting as a lookout point, Pliny’s beach villa would have also likely been used for leisure. On the beach neighboring the newly-discovered villa walls, a large brick ruin had been dubbed the “talking wall” by local residents as, in their view, it proved the one-time existence of a large residence. “The ruins of the Roman villa will be cleaned and cordoned-off with wooden fences,” said Bacoli’s mayor Josi Gerardo Della Ragione.

Persons: Italy CNN —, Pliny the Elder, Bacoli, Simona Formola, “, ”, Formola, tufa, Josi Gerardo Della Ragione Organizations: Italy CNN, Roman, CNN, ” Locations: Naples, Italy, Italian, Ischia, Procida, Bacoli, Misenum, Roman, Vesuvius

☆ Top CEOs fear that volatile supply chains are now just the new normal
▼ + stars: | 2024-01-19 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

Kristian Helgesen | Bloomberg | Getty ImagesDAVOS, Switzerland — Top CEOs are closely following tensions in the Red Sea, warning that this kind of volatility for supply chains is likely here to stay. Houthi rebels from Yemen have attacked commercial vessels traveling in the Red Sea since November. Supply chains were massively disrupted during the pandemic and the subsequent bounce back, given the restrictions and the closure of borders. Tobias Meyer, the CEO of DHL, shared concerns over the new normal for supply chains. "We have an issue in the Panama Canal, we have an issue in the Red Sea.

Persons: Ebba, A.P ., Kristian Helgesen, Jesper Brodin, Brodin, Tobias Meyer Organizations: A.P, A.P . Moeller, Maersk, Bloomberg, Getty, Ingka, CNBC, Economic, IKEA, DHL Locations: Suez, Egypt, DAVOS, Switzerland, Red, Yemen, Iran, Gaza, United States, Hope, Africa, Asia, Europe, Davos, Panama

☆ American bought an apartment in Spain and made a new life for himself. ‘I have not looked back’
▼ + stars: | 2024-01-18 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +10 min

Of all the cities Coe had toured and lived in during his career, including Hong Kong, Singapore, Seattle and Chicago, he picked laid-back Barcelona, Spain. Matthew Coe bought an apartment in Barcelona in 2021. Jordi FolchRhythm of life in SpainHe has quickly picked up the daily rhythm and easy-going habits of Spain. Yet the pros of living in Spain by far outnumber the cons, Coe says. In Spain, he’s eligible for national health care, having contributed through Social Security payments and having lived in Spain for more than 5 years.

Persons: Spain isn’t, you’ve, Matthew Coe, Coe, ” Coe, Jordi Folch “, ” Coe “, Matthew Coe Coe, “, Matthew Coe Barcelona, Jordi Folch, ”, it’s, He’s Organizations: CNN, Spanish Consulate, Social Locations: Spain, Wenatchee , Washington, Hong Kong, Europe, Singapore, Seattle, Chicago, Barcelona, Turkey, Italy, Greece, Spanish, Valencia, Madrid, Catalunya, United States, Pacific Northwest, overtourism

☆ Pushback against Trump plays into the hands of the Chinese, Austria minister says
▼ + stars: | 2024-01-18 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Republican presidential candidate and former U.S. President Donald Trump gestures during a campaign rally ahead of the New Hampshire primary election, in Atkinson, New Hampshire, U.S. January 16, 2024. Davos, SWITZERLAND — Liberal pushback against a likely highly divisive U.S. election will play into the hands of the Chinese, Austria's Minister for Foreign Affairs, Alexander Schallenberg, said Thursday. "They treat democracy as a weakness, making us slower, making us more cumbersome. A spokesperson for the Chinese embassy in the U.K. wasn't immediately available for comment when contacted by CNBC. Trump, for his part, was considered highly skeptical of China during his time in office, opting for a protectionist approach.

Persons: Donald Trump, Alexander Schallenberg, Schallenberg, CNBC's Silvia Amaro, Trump, Biden Organizations: New, Liberal, Foreign Affairs, CNBC, Economic, wasn't, Republican Locations: New Hampshire, Atkinson , New Hampshire, U.S, Davos, SWITZERLAND, Switzerland, China

☆ Trump's potential return to the White House is dominating the chat at Davos
▼ + stars: | 2024-01-17 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

watch nowSome Davos participants are already preparing their business for a potential Republican leader in the White House. "Considering what happened when President Trump was in office, his main interest is trade. He added that his company is allocating more resources to their operations in the United States so they can protect themselves against any trade disputes. "We have to produce locally, especially in the United States ... We have scenarios to be able to respond to that leadership change," he added. The United States is one of the main markets for Suntory, which is looking to expand its sales beyond China.

Persons: Donald Trump, State Rex Tillerson, Nicholas Kamm, I've, Tim Adams, Trump, Ron DeSantis, Nikki Haley, Joe Biden, Takeshi Niinami, Bill Winters, Biden Organizations: State, Economic, AFP, Getty, Institute of International Finance, CNBC, Florida Gov, South Carolina Gov, Republican, Trump, Democratic, Suntory, Congress, Standard Chartered, U.S Locations: Davos, Switzerland, DAVOS, United States, Swiss, Iowa, The Iowa, China, U.S, Washington, Beijing

☆ Milan Fashion Week: This is what men will be wearing next fall
▼ + stars: | 2024-01-17 | by ( Scarlett Conlon | ) edition.cnn.com time to read: +7 min

This yellow coat and matching hat channeled fisherman chic at SS Daley. Giovanni Giannoni/WWD/Getty ImagesA seafaring element was evident in the collection at Emporio Armani too. To complement the sleek lines of suits came long coats in fine wool and leather that were part “Bladerunner,” part “Matrix” and part ode to the 1990s. The brooch is back, pinned to lapels at S.S. Daley, Magliano, Emporio Armani and Dolce & Gabbana. Functional, useful and classic, as above at Emporio Armani, were the key themes of the season in Milan.

Persons: Milan, Miuccia Prada, Raf Simons, Simons, officewear, Victor Virgile, ”, Daley, Giovanni Giannoni, Emporio Armani, Steven Stokey Daley, Harry Styles, Silvia Venturini Fendi, Anne, Britain's Princess Anne, Alessandro Levati, ” Fendi, Princess Royal, “, chunky knitwear, Neil Barrett, British Harris, Brunello, —, JW Anderson, Justin Shin, tailcoats, Stefano Gabbana, Domenico Dolce, Gabbana, Stefania D'Alessandro, Sabato de Sarno, Tom Ford, Sabato de, Gucci, Daniele Venturelli, de Sarno, Magliano, Massimo Giorgetti, Franco Albini, Gabanna, Armani Organizations: Milan CNN, Prada, CNN, Balmoral, Gabbana, Gucci, Dolce, Milan Metro, diamante Locations: Milan, British, Florence, Wellington, S.S, Saltburn, Italy

☆ Election disruption from AI poses the biggest global risk in 2024, Davos survey warns
▼ + stars: | 2024-01-10 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

The World Economic Forum's "Global Risks Report 2024," released Wednesday, ranked AI-derived misinformation and disinformation — and its implications for societal polarization — ahead of climate change, war and economic weakness in its top 10 risks over the next two years. "How that is going to play out is going to be quite important for us to watch," she added. watch nowThe WEF report, which was also produced in collaboration with Zurich Insurance Group, surveyed over 1,400 global risk experts, policymakers and industry leaders in September 2023 about their biggest global concerns. Top 10 global risksThe most cited risks for the next two years were, in order: misinformation and disinformation, extreme weather events, societal polarization, cyber insecurity and interstate armed conflict. Also in the top 10 were lack of economic opportunity, inflation, involuntary migration, economic downturn and pollution.

Persons: Alfieri, Carolina Klint, Marsh McLennan, CNBC's Silvia Amaro, Saadia Zahidi Organizations: Zurich Insurance Group Locations: Carolina, Europe

☆ Global economy set for its worst half decade of growth in 30 years, World Bank says
▼ + stars: | 2024-01-09 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank. Global growth is forecast to slow for the third year in a row in 2024, dipping to 2.4% from 2.6% in 2023, the organization said in its latest "Global Economic Prospects" report released Tuesday. And despite the global economy proving resilient in the face of recessionary risks in 2023, increased geopolitical tensions will present fresh near-term challenges, the organization said, leaving most economies set to grow more slowly in 2024 and 2025 than they did in the previous decade. Escalation of these conflicts could have significant implications for energy prices that could have impacts on inflation as well as on economic growth," Ayhan Kose, the World Bank's deputy chief economist and director of the Prospects Group, told CNBC's Silvia Amaro. The bank warned that without a "major course correction," the 2020s will go down as "a decade of wasted opportunity."

Persons: CNBC's Silvia Amaro Organizations: World Bank Locations: Eastern Europe, Russian, Ukraine

☆ Palazzo Vilòn: Incredible historical mansion opens to overnight guests in Rome
▼ + stars: | 2023-12-04 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +6 min

Featuring multiple suites, all filled with artistic masterpieces, Rome’s 17th-century Palazzo Vilòn is sheer luxury. And now, Palazzo Vilòn can be all yours for 25,000 euros ($26,665) per night if you opt for the “buy-out” offer. Palazzo Vilòn offers a rare chance to travel back to a time when noble families ruled the Eternal City. Today, Palazzo Vilòn is believed to be Italy’s most expensive historical retreat. Despite all the grandeur, Florio stresses that Palazzo Vilòn is not a museum brought back to life.

Persons: CNN — It’s, Vilon, Sala di, Mattia Aquila, Borghese, Vilòn, it’s, –, ”, Palazzo Vilòn, Samuele Florio, Florio, ‘ It’s, Italy won’t, “, It’s Organizations: CNN, Michelin, Mirrors Locations: You’re, Campo Marzio, Europe, Rome, Italy, Vilòn, Italian

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