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☆ Saudi Arabia is spending billions on sports, tech and everything in between for a post-oil world
▼ + stars: | 2023-09-10 | by ( Beatrice Nolan | Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

Saudi Arabia sparked international outrage in 2018 after Washington Post columnist Jamal Khashoggi was murdered at the Saudi consulate in Istanbul, and continues to face accusations of human rights violations. Despite this, little has been able to stop Saudi Arabia from exerting more and more influence on the global stage. GettyImages/Unsplash/NeomLike many countries, Saudi Arabia's economy suffered when the pandemic struck in 2020, but the only way has been up since then. Chris Trotman/LIV Golf via Getty ImagesBoth at home and far away, Saudi Arabia hasn't shied away from investing boatloads of cash. The total hit 32.2 million in May with a median age of 29, according to Saudi Arabia's General Authority for Statistics.

Persons: Prince Mohammed Bin Salman, Jamal Khashoggi, It's, Ahmed Jadallah, Saudi Arabia's, Sergio Garcia, Chris Trotman, LIV, Saudi Arabia hasn't, Yasir Al, Jasmin Merdan, Abdullah Al, Prince Abdulaziz bin Salman al, Saud, JOE KLAMAR Organizations: Service, Washington Post, Bank, IMF, REUTERS, Saudi Aramco, King, King Abdullah Economic City, Getty, Public Investment Fund, MBS, Newcastle United, LIV, PGA, Saudi, Reuters, Saudi Arabia's, Authority, Statistics, Gulf States Energy, United Arab Emirates, Arab League Locations: Saudi Arabia, Wall, Silicon, Gulf, Saudi, Istanbul, Gulf Kingdom, Ahmed Jadallah Saudi Arabia, King Abdullah, Jasmin Merdan Saudi's, Riyadh, Arab, Vienna, AFP, Kuwait, UAE, Qatar

With the world far off track on its 2015 pledge to curb global warming, a new United Nations report central to upcoming climate negotiations details how quickly and deeply energy and financial systems must change to get back on a safer path. “The window of opportunity to secure a livable and sustainable for future for all is rapidly closing,” Friday's report warned. To get there, the report said, “the phase-out of unabated fossil fuels is required,” using a phrase international climate negotiators have shied away from before. “Halting and reversing deforestation” and adopting better crop-growing practices are critical to fighting climate change, the report said. Limiting warming to 1.5 degrees is another window of opportunity that is rapidly closing, the report said.

Persons: ”, Sultan Al Jaber, David Waskow, “, Antonio Guterres, there's, Bill Hare, —, Al Jaber, Tom Evans, ” Evans, Seth Borenstein Organizations: United, World Resources Institute, United Nations, World Meteorological Organization, Twitter, AP Locations: United Nations, India, Paris, Dubai

☆ Saudi Arabia to extend voluntary cut of 1 million barrels per day until the end of the year
▼ + stars: | 2023-09-05 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Saudi Arabia on Tuesday extended its 1-million-barrels-per-day voluntary crude oil production cut until the end of the year, according to the state-owned Saudi Press Agency. The reduction will put Saudi crude output near 9 million barrels per day over October, November and December and will be reviewed on a monthly basis. The cut adds to 1.66 million barrels per day of other voluntary crude output declines that some members of the Organization of the Petroleum Exporting Countries have put in place until the end of 2024. Fellow heavyweight oil producer Russia — which leads the contingent that joins OPEC nations in the OPEC+ coalition — also pledged to voluntarily reduce exports by 500,000 barrels per day in August and by 300,000 barrels per day in September. OPEC Secretary-General Haitham al-Ghais has previously said that resorting to voluntary reductions outside of OPEC+ decisions does not suggest divisions in policy views among alliance members.

Persons: Russia —, —, Alexander Novak, Haitham, Ghais Organizations: Saudi Press Agency, Organization of, Petroleum, Kremlin, Brent Locations: China, Saudi Arabia, Russia, Saudi, Riyadh, OPEC, London

That is by far the most ever spent on clean energy in a year. Solar and Wind Power Have Taken Off Electricity generation per year, in terawatt hours China 600 TWh 500 Solar Wind U.S. China 400 E.U. It would shred regulations designed to curb greenhouse gases, dismantle nearly every federal clean energy program and boost the production of fossil fuels. 1 2 3 4 5 Even Tulsa, with its strong links to oil and gas, is embracing clean energy. “But we also understand that energy is energy, whether it is generated by wind, steam or whatever it might be.”Around the country, clean energy is taking root in unlikely locales.

Persons: ”, Fatih Birol, Al Gore, Crews, Francis Energy, Dewey, Bartlett Jr, “, J.W, Peters, Mr, Lazard, Gregory Nemet, —, Biden, Tesla, Giovanni Bertolino, Jon Creyts, Steve Uerling’s, Uerling, Cathy Zoi, It’s, Mary Barra, ’, Barra Organizations: Buses, Port, International Energy Agency, India India, Energy, The New York Times, Heritage Foundation, Republican, Ford, University of Tulsa’s School of Petroleum Engineering, “ Oil, Drillers, Navistar, Public Service Company of Oklahoma, Francis, Solar Power, U.S . Steel, Gas, University of Wisconsin -, Panasonic, United, European Union, United States ’, General Motors, RMI, Ford Fusion, Tesla, Postal Service, Amazon, Peterbilt, Companies, Francis Energy, BMW Group, Honda, Hyundai, Kia, Benz Group Locations: Pittsburgh, Milwaukee, Port of Los Angeles, Houston, Europe, United States, America, China, Britain, terawatt, India, U.S, States, Beijing, London, Tokyo, Washington, Oslo, Dubai, Tulsa, Okla, Italian, Oklahoma, Oklahoma City, Texas, Galveston, In Arkansas, Republican, University of Wisconsin - Madison, Georgia, Korean, Nevada, tailpipes, California, New York, San Francisco, Canada, South Korea, Russia, Ukraine, Steve Uerling’s Tulsa, E.U, G.M

☆ The Fed may be about to crash the plane, but the focus should be on profits
▼ + stars: | 2023-07-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

No matter what the Fed seems to do, it's become a game of whack-a-mole — whether it be wages, home prices, creeping commodities, or Fed subsidies that are about to roar in. The idea that the Fed is driving the price of a house to further unaffordability has taken hold. The yield curve can't be wrong, so it remains a matter of time before Fed Chair Jerome Powell crashes the plane — and let's not forget that lurking, lurking election. And the multiple on those profits is going up not because of hideous expansion, but because of a triumph over the pandemic. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: it's, Jerome Powell, let's, Jim Cramer's, Jim Cramer, Jim, Al Drago Organizations: Federal Reserve, Procter, Gamble, Treasury, Jim Cramer's Charitable, CNBC, US Federal Reserve, Market, Bloomberg, Getty Locations: Weimar Republic, Washington , DC

☆ Saudi soccer dominance could still take 'decades' despite reported $332 million Mbappé bid
▼ + stars: | 2023-07-25 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

Aurelien Meunier - PSG/PSG via Getty ImagesSaudi Arabian soccer club Al-Hilal reportedly tabled a world record 300 million euro ($331.9 million) bid for Paris Saint-Germain star Kylian Mbappé, a further signal of the kingdom's efforts to shake up the sport's global order. Al-Ahli snapped up Chelsea goalkeeper Edouard Mendy and former Liverpool striker Roberto Firmino, and have just agreed a £30 million ($38.54 million) deal to bring in forward Riyad Mahrez from reigning English Premier League and European champions Manchester City. A medium-term threat Soccer isn't the first sport to be rocked by a sudden wave of Saudi investment. This is more like a couple of decades before I think we could see some significant impact." Cristiano Ronaldo stands prior to the Saudi Pro League week 28 soccer match between Al-Nassr and Al-Shabab at Alawwal Park Stadium in Riyadh, Saudi Arabia on May 23, 2023.

Persons: Kylian, Paris Saint, Germain, Le, Aurelien Meunier, Hilal, Mbappé, Nassr, Cristiano Ronaldo, Marcelo Brozovic, Alex Telles, Ronaldo, Ballon, Karim Benzema, N'Golo Kante, Edouard Mendy, Roberto Firmino, Mahrez, Anmar Al, Khalid Alhaj, Al, Ruben Neves, Kalidou Koulibaly, Sergej Milinkovic, Savic, LIV, Michael Goldberg, DBRS Morningstar, Goldberg, Jude Bellingham, Mohammed Saad Organizations: Paris Saint, Campus PSG, PSG, Getty Images, Al, French, country's Public Investment Fund, Real, English Premier League, Newcastle United, Saudi, — Al, Saudi Pro League, Inter Milan, Manchester United, Real Madrid, Chelsea, Liverpool, Manchester City, King Abdullah Sports City, Premier League's Wolverhampton Wanderers, Senegalese, Lazio, UEFA, Champions League, England's Premier League, Liga, Germany's Bundesliga, Italian Serie, isn't, DBRS, CNBC, Bayern Munich, Juventus, Borussia Dortmund, Alawwal, Anadolu Agency, Getty Locations: POISSY, France, Paris, Le Havre, Getty Images Saudi Arabian, Qatar, Real Madrid, Spanish, Saudi, Ittihad, Al, Hilal, Ahli, JEDDAH, Saudi Arabia, Europe, Italian, Barcelona, Liverpool, Shabab, Riyadh

CNN —Wall Street bankers, investors and economists have for months waffled over whether a US recession is coming. But for some Americans, the unforgiving economic pain typical during recession has already set in. Consumer spending accounts for about two-thirds of economic output, so if more Americans are forced to cut back because they were laid off, that might throw the US economy into a recession. Bank of America Chief Executive Brian Moynihan told CNN last week that he expects a mild recession early next year, rather than the late 2022 recession many have predicted. That means that laid-off Americans were often able to find a new job quickly due to a hot job market.

Persons: Al Brown, Brown, it’s, ” Brown, That’s, Allison Joyce, haven’t, Nina McCollum, hasn’t, She’s, ” McCollum, ”, Thomas Simons, ” Simons, Eva Marie Uzcategui, —, Timothy A, Clary, Brian Moynihan, frustrates McCollum, Regina Walton, Walton, she’s, “ It’s, I’ve, ” Walton, “, I’m, Richard Murray, Murray, he’s, you’re Organizations: CNN, Wall, Flyers, New, New Hanover NCWorks, Workforce, Bloomberg, Getty, Investors, Jefferies, National Bureau of Economic Research, Traders, New York Stock Exchange, Bank of America, San Francisco Bay Area, Companies, Consolidated Omnibus Budget, Cascade Locations: Concord , North Carolina, America, New Hanover, Wilmington , North Carolina, Cleveland , Ohio, Miami , Florida, AFP, San Francisco Bay, “, Boston

☆ Empty offices, abandoned malls, concerns over crime: Why San Francisco, the Golden City, is losing its luster
▼ + stars: | 2023-06-17 | by ( Al Yoon | ) www.businessinsider.com time to read: +8 min

Days later, Unibail-Rodamco-Westfield and coowner Brookfield gave the San Francisco City Centre back to their lenders after the exit of retailers left the mall just over half occupied. Whatever is going on in San Francisco, we are not interested in being part of that any longer." Fear of crime taints the cityCrime, or the fear of it, often creeps into conversations about San Francisco, too. "I ask, what's the driver" of the San Francisco office vacancies, Scavone told Insider. He continued: "Is it because downtown San Francisco is somewhat of a difficult commute from suburbs in Marin County or the East Bay?"

Persons: Manus Clancy, Trepp, —, Brookfield, Clancy, Salesforce, Jeff Burg, he's, Burg, we're, Thomas Baltimore, hasn't, Elon Musk, Bob Lee, Frank Scavone, Scavone Organizations: Service, San Francisco, California, Hilton San Francisco, Square, Parc, San Francisco City Centre, San, Krea, Union, Census, LinkedIn, Park Hotels, Resorts, Westfield, ABC, San Francisco Travel Association, Elon, Foods, The New York Times, McKinsey & Co, downtown Locations: San Francisco, San, San Francisco Chronicle, Westfield, Real, Francisco, New York, cubicles, Boston , Chicago, Houston, Miami, San Francisco's Hayes Valley, Manhattan, Tenderloin, —, downtown San Francisco, Marin County

☆ Saudi Arabia's PGA merger is likely just the beginning for the kingdom when it comes to pro sports investments
▼ + stars: | 2023-06-13 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

The controversial mega merger between the PGA Tour and Saudi Arabia's LIV Golf is just one step in the kingdom's ambitious tourism and investment strategy — and its pursuit of big-name sports is just getting started. "We're sort of a proponent to find 'all of the above' strategy in sport," Saudi Investment Minister Khalid Al-Falih told CNBC's Dan Murphy in Riyadh. The PIF is Saudi Arabia's Public Investment Fund, a $600 billion sovereign wealth fund controlled by Saudi Crown Prince Mohammed bin Salman. News that the PGA Tour and Saudi Arabia's LIV Golf were joining forces last week brought an end to a two-year battle between the archrivals. The agreement, which includes the DP World Tour — also known as the PGA European Tour — will combine the commercial businesses and rights of the PGA Tour and LIV Golf into a new, yet-to-be-named for-profit company.

Persons: LIV, Khalid Al, Falih, CNBC's Dan Murphy, Saudi Crown Prince Mohammed bin Salman, It's, LIV Golf, — Organizations: PGA Tour, Saudi, Saudi Investment, Public Investment Fund, Saudi Crown, PGA Locations: Riyadh, Saudi Arabia, Saudi

☆ PGA Tour-LIV Golf merger is a major win for the Saudis — and Americans are slamming it
▼ + stars: | 2023-06-07 | by ( Natasha Turak | ) www.cnbc.com time to read: +8 min

It's lured some of the biggest golf stars away from the PGA Tour with huge paychecks, spurring antitrust lawsuits with the American organization. "This is Saudi Arabia buying the PGA tour," sports talk show host Rich Eisen said in his broadcast after hearing the news. USA Today sports columnist Christine Brennan called the move "a total wimp-out by the PGA Tour. Glyn Kirk | AFP | Getty ImagesSocial media was rife with self-described golf fans vowing to never again watch the PGA Tour. Pro golfer Phil Mickelson, another member of the LIV Tour, tweeted "Awesome day today" in response to the news.

Persons: LIV Golf, that's, —, LIV, Saudi Crown Prince Mohammed bin Salman, It's, Jay Monahan, Rich Eisen, Pat Welter, it's, Christine Brennan, Tiger Woods, Glyn Kirk, Ron Wyden, Chris Murphy, Jamal Khashoggi, Saudi LIV, Monahan, Saudi Arabian Crown Prince Mohammed bin Salman, Jim Watson, Bryson DeChambeau, DeChambeau, Phil Mickelson, Jeffries, Yasir Al, Cristiano Ronaldo, Saudi Arabia's, Al Organizations: PGA Tour, Saudi, LIV Players, PGA, Saudi Arabia's Public Investment Fund, Saudi Crown, CNBC, Twitter, 150th, St, AFP, Getty, LIV, Washington Post, Amnesty, Saudi Arabian Crown, Saudi Embassy, Washington D.C, Saudi Foreign Ministry, CNN, Royal, Anadolu Agency, Getty Images Investment, Rumayyan, Nassr Football Club, Al Nassr Football Locations: Saudi Arabia, North Carolina, Saudi, Scotland, Oregon, Connecticut, American, Washington ,, Washington, videoconference, Riyadh, PIF, Portuguese

☆ Lionel Messi says he’s joining Major League Soccer’s Inter Miami after exit from Paris Saint-Germain
▼ + stars: | 2023-06-07 | by ( ) www.cnbc.com time to read: +5 min

Lionel Messi has pulled off his latest stunning feat: He is headed to Major League Soccer, and joining Inter Miami. It took months of negotiations with MLS, the Inter Miami ownership, Adidas and even Apple getting involved in a creative pitch to bring Messi to Miami's pitch. Inter Miami needed six years from inception to playing its first match, and its first four seasons have been less than stellar. Messi met with Inter Miami co-owner Beckham this spring, and that was shared publicly almost to ensure that everyone knew the sides were still talking. Two days after Argentina won the World Cup, Miami Heat guard Kyle Lowry sat on his team's bench for a game unable to play because of injury.

Persons: Lionel Messi, Messi, David Beckham, Jorge Mas, Cristiano Ronaldo, didn't, Messi's, Ballon, Germain, Phil Neville, Beckham, — Pele, Thierry Henry, —, Kyle Lowry Organizations: Major League Soccer, Inter Miami, Miami, Inter, Mundo Deportivo, Sport, Al, MLS, Australia, Paris Saint, France, Eastern Conference, Adidas, Apple, MLS —, Argentina national football team, Messi, Argentina, Miami Heat Locations: Hilal, Saudi Arabia, Barcelona, Miami, United States, Argentina, Beijing, Indonesia, Jakarta, Paris, U.S, South Florida

☆ Will Erdogan’s Victory Soften Turkey’s Opposition to Sweden in NATO?
▼ + stars: | 2023-05-29 | by ( Steven Erlanger | ) www.nytimes.com time to read: +1 min

While Turkish troops have protected some Syrian dissident enclaves, Mr. Erdogan has simultaneously engaged in a rapprochement with Syria’s president, Bashar al-Assad. Mr. Erdogan wants his help to restrain the Kurds and take back some of the four million Syrian refugees that Turkey has been hosting in the name of Islamic solidarity. Mr. Erdogan may disappoint those who hope for a more emollient, more Western-leaning Turkey, however, and Turkey is not the only ally becoming more authoritarian. Europe will have to find new ways of appealing to the more democratic opposition in these countries and engaging better with society, he said. That drift away from democratic values and the rule of law will mean little progress in long-frozen talks on accession to the European Union.

☆ Inside the scramble to evacuate a US embassy surrounded by the chaos of street fighting, gunfire, and explosions
▼ + stars: | 2023-05-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +13 min

US forces evacuated the American embassy in Sudan days after violence erupted in its capital. As the situation deteriorated, the Pentagon dispatched Special Operations Forces to evacuate US diplomatic staff in a dramatic helicopter operation. Foreign governments began efforts to pull out their diplomatic staff and, in some cases, also moved to evacuate their civilians. People walk by a house hit in recent fighting in Khartoum, Sudan, Tuesday, April 25, 2023. US Marine Corps courtesy photoWith the embassy staff gone, questions remained over whether Washington would move to evacuate US citizens, as some other Western nations had been doing.

☆ The Smallest Moon of Mars May Not Be What It Seemed
▼ + stars: | 2023-04-25 | by ( Jonathan O Callaghan | ) www.nytimes.com time to read: +1 min

Deimos, the smaller of the two moons of Mars, might be a chip off the old block — quite literally. That’s the conclusion drawn by scientists in the United Arab Emirates, whose Hope orbiter — also called the Emirates Mars Mission and the country’s first interplanetary spacecraft — just snapped the best views of Deimos ever taken by human spacecraft. Deimos is just nine miles across on its longest side, and completes an orbit of Mars every 30 hours at an altitude of 15,000 miles. The moons’ small size and quirky dimensions led to suggestions that they may be asteroids captured by Mars long ago. Not so, say researchers analyzing data recorded by Hope, which entered orbit around Mars in February 2021.

☆ Shares of family-owned UAE exchange Al Ansari Financial Services surge in Dubai trading debut
▼ + stars: | 2023-04-06 | by ( Emma Graham | ) www.cnbc.com time to read: +1 min

DUBAI, United Arab Emirates — Al Ansari Financial Services made its trading debut on the Dubai Financial Market Thursday. Shares surged over 17% for the family-owned remittances and money exchange firm, which marks the first IPO for Dubai this year. The Al Ansari family sold 750 million shares in the offering, which is equal to a 10% stake in the company. Al Ansari Financial Services' Group CEO Rashed Ali Al Ansari told CNBC's Dan Murphy the sheer size of the organization pushed the company to decide to list publicly. In 2021, Dubai announced a listing of 10 state entities which aims to double the size of the Emirate's capital market to $817 billion.

☆ The NYC park where Marjorie Taylor Greene is hosting the rally for Trump used to be an open sewer the city tried to fill in with land but it sunk (and stunk)
▼ + stars: | 2023-04-03 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +7 min

The NYC park where Marjorie Taylor Greene is hosting a Trump rally used to be an open sewer. Collect Pond Park was then a blossoming new neighborhood, and later the center of a gang-filled slum. It took six years for the city to fill the hole that was once Collect Pond, according to the parks department. The area finally became a park in 1960Luciano Garbati's statue 'Medusa With The Head of Perseus' at Collect Pond Park on October 13, 2020. REUTERS/Brendan McDermidIt wasn't until 1960 that NYC's Board of Estimate gave the area Parks jurisdiction.

☆ Michael Cohen says Trump will join him in the ranks of 'convicted felons' soon: 'See you on Tuesday, pal'
▼ + stars: | 2023-03-31 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Donald Trump's former fixer Michael Cohen gloated about Trump's indictment on CNN. "Since we're talking about convicted felons, see you on Tuesday, pal," Cohen said. Speaking to CNN, Cohen admitted that he was a "convicted perjurer," a "convicted felon," and a "disbarred lawyer." "I always called this the Al Capone theory," Cohen told CNN on Thursday. If that crime, Don, was enough for me to be charged, fined, convicted, and sent to prison, why am I any different from Donald Trump?"

☆ Margaritaville's cruise company just unveiled a $900 pass for nearly unlimited cruises through the end of the year
▼ + stars: | 2023-03-30 | by ( Brittany Chang | ) www.businessinsider.com time to read: +3 min

Margaritaville at Sea announced a $900 cruise pass that allows travelers to sail on the majority of its 2023 cruises. Margaritaville launched its cruise brand in 2022 with its Margaritaville at Sea Paradise vessel. The cruise line is currently operating nonstop two-night sailings from Florida's Port of Palm Beach to the Bahama's Freeport, Grand Bahama island. But if there's nowhere you'd rather be than on a Margaritaville cruise ship, you could potentially save hundreds of dollars with its newly announced cruise pass. Before its refresh, the ship was known as the Grand Classica, a 30-year-old flagship vessel owned by budget cruise company Bahamas Paradise Cruise Line.

☆ How a Trump arrest would play out: Yes, he'll be fingerprinted. No, he probably won't be handcuffed.
▼ + stars: | 2023-03-30 | by ( Laura Italiano | Erin Snodgrass | ) www.businessinsider.com time to read: +12 min

Trump is likely to be fingerprinted, swabbed for the state DNA database, and photographed for his mugshot. Trump has been indicted in the Manhattan district attorney's five-year investigation into his personal and business finances, Insider reported Thursday, but he'll be treated like any defendant moving forward — with many key exceptions. "That's called 'walking it through,'" explains Diana Florence, a former white-collar crime prosecutor for the Manhattan district attorney's office. That's what typically happens in white-collar indictments, said Karen Friedman Agnifilo, a former chief assistant with the Manhattan district attorney's office. But even if Trump does need to surrender in person, Secret Service would likely give the perp walk a hard pass.

☆ Here's how a Trump indictment would play out: Yes, he'll be fingerprinted. No, he probably won't be handcuffed.
▼ + stars: | 2023-03-15 | by ( Laura Italiano | ) www.businessinsider.com time to read: +12 min

Here are predictions for how this historic event would roll out, courtesy of some of Manhattan's top defense lawyers, former high-ranking prosecutors, and a retired Secret Service special agent. "They can tell the foreperson come back two weeks from Wednesday, or something," to sign the revised indictment, Florence said. There can always be a leak, of course, somewhere between indictment and arraignment, which is the court proceeding where Trump would plead not guilty. But even if Trump does need to surrender in person, Secret Service would likely give the perp walk a hard pass. "That walk is not going to happen," said Pickle, the former Secret Service special agent.

☆ Rupert Murdoch testified that Fox News hosts lied about the 2020 election. Here's why it wasn't a misstep.
▼ + stars: | 2023-03-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

Rupert Murdoch admitted Fox News hosts endorsed falsehoods about the 2020 election. Murdoch chairs Fox Corporation, which argues it isn't responsible for claims made on subsidiary Fox News. Here was the chair of Fox Corporation, a 91-year-old mogul atop a conservative media empire, admitting to lies that damaged democracy. When asked by Dominion's lawyers in a January deposition whether he thought Fox hosts were truthful about the election, Murdoch was candid. Fox Corporation also manages subsidiaries like Fox Sports, a large number of local TV stations, TMZ, Tubi, and a blockchain company.

☆ Pervez Musharraf, Pakistan martial ruler in 9/11 wars, dies
▼ + stars: | 2023-02-05 | by ( ) www.cnbc.com time to read: +12 min

Pakistan's former military ruler Pervez Musharraf has died in Dubai aged 79 after a long illness, the army said on February 5, 2023. By Sept. 12, then-U.S. Secretary of State Colin Powell told Musharraf that Pakistan would either be "with us or against us." They regrouped and the offshoot Pakistani Taliban emerged, beginning a yearslong insurgency in the mountainous border region between Afghanistan and Pakistan. Though Pakistan under Musharraf launched these operations, the militants still thrived as billions of American dollars flowed into the nation. Born Aug. 11, 1943, in New Delhi, India, Musharraf was the middle son of a diplomat.

☆ 15 years after 'officially' retiring its first stealth jet, the US Air Force is looking for help to keep the F-117 flying for another decade
▼ + stars: | 2023-01-02 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

The B-21 is expected to arrive 40 years after the US's first stealth aircraft, the F-117 Nighthawk. The F-117 was officially retired in 2008, but the Air Force is still putting the stealth jet to use. The US Air Force is now making plans to keep some of its Nighthawks flying until at least 2034. The Air Force currently has about 45 F-117s, more than 10 of which have been approved for transfer to museums, Air Force spokeswoman Ann Stefanek told Insider. A woman dances on a US Air Force F-117 downed west of Belgrade on March 28, 1999.

☆ The US doesn't have to worry about China repeating its mistakes in the Middle East
▼ + stars: | 2022-12-20 | by ( Natalie Armbruster | Defense Priorities | ) www.businessinsider.com time to read: +6 min

It was seen as a message to the US, but it's a mistake to think China has the same ambitions in the Middle East as the US. China has long assessed US involvement in the Middle East to be damaging to American power and strength. The first thing to know is China's involvement in the Middle East rests primarily on its energy dependence. Taking sides among adversaries in the Middle East would only limit China's trading partners and opportunities for mutual economic interest. The reality is that no matter China's view of the Middle East, the potential benefits that China could garner from its investments in the Middle East are not significant nor threatening enough to US interests to warrant the current level of worry.

Formal organizations like the Oath Keepers no longer define the American right-wing landscape. If Biden’s election was illegitimate, the Oath Keepers were ready to defend Trump’s legitimate one. And indeed, the trial has revealed the brazenness of the Oath Keepers, as well as some profound shifts happening in the American right. The evidence of a seditious conspiracy introduced in the Oath Keepers’ trial was damning, yet obvious. While certainly more polished, some of Masters’ talking points would not be out of place at an Oath Keepers meeting.

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