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☆ Japan to benefit from a stronger yen and unwinding of carry trade, Monex Group's Koll says
▼ + stars: | 2024-08-13 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

In this article 8301.T-JP Follow your favorite stocks CREATE FREE ACCOUNTwatch nowCorrections in the yen and the unwinding of the carry trade are positive developments for Japan, said Jesper Koll, a veteran investor who remains bullish on the Japanese market. The yen carry trade began unwinding last week, as interest rate hikes by the Bank of Japan strengthened the yen, and led to a sharp sell-off in markets globally. Stock Chart Icon Stock chart icon U.S. dollar/Japanese yen"It is correct to put a price on money. According to Koll, it's possible that as much as 75% of the yen carry trade could have been unwound, though the total size of the carry trade has not been reliably ascertained. Stock Chart Icon Stock chart icon Nikkei 225

Persons: Jesper Koll, …, CNBC's, unwinding, it's, Koll, Claude Trichet Organizations: Monex, Bank of Japan, Nikkei, European Central Bank Jean, CNBC, U.S ., Bank of Locations: Japan, U.S

☆ Greece wildfires: Evacuations ordered near Athens as authorities try to contain blaze
▼ + stars: | 2024-08-12 | by ( Chris Liakos | Alex Stambaugh | ) edition.cnn.com time to read: +3 min

CNN —A fast-spreading wildfire continued to rage close to the Greek capital of Athens on Monday, prompting authorities to ask residents to evacuate their homes. Fire authorities warned Monday that the wildfire had “developed rapidly” and was heading towards Penteli, around 16 kilometers (about 10 miles) northeast of Athens. Greek authorities have battled dozens of blazes already this summer after enduring its hottest June and July on record. Kikilias warned over the weekend that “extremely high and dangerous weather conditions” would continue through Thursday. Angelos Tzortzinis/AFP/Getty Images“Winds overnight remained strong creating dangerous conditions.

Persons: Vassilis, Kikilias, Adonis Georgiadis, Angelos Tzortzinis, Vasilios Vathrakoyiannis, ” Organizations: CNN, ERT, Getty, ” CNN, Authorities Locations: Athens, Varnavas, Penteli, AFP, Greece

☆ Apartments, hockey rinks and Amazon warehouses: Macy's closures will set off a wave of change at shopping malls
▼ + stars: | 2024-08-12 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

Shoppers walk through the Fashion Centre at Pentagon City, a shopping mall in Arlington, Virginia, February 2, 2024. As of early May, the company had 503 Macy's stores, including a small number of other concepts outside of malls. There were 352 shopping malls classified as Class A and B at the end of 2016, according to company reports, S&P Capital IQ and Coresight Research. That decline is sharper among Class C and D shopping malls, which fell from 684 malls in 2016 to 287 in 2022, according to the companies' research. At some distressed malls, Macy's may be the last anchor that remains.

Persons: Justin Sullivan, Macy's, Tony Spring, Chris Wimmer, Saul Loeb, Taylor, Anand Kumar, Kumar, Naveen Jaggi Organizations: Fitch, Shoppers, Fashion Centre, Pentagon, Afp, Getty, JCPenney, Coresight, Nordstrom, Belk, Foods, Brookfield Properties Grocery Locations: San Leandro , California, Arlington , Virginia, U.S, JLL, San Francisco

☆ Russia orders more evacuations as Ukraine’s incursion into its territory enters its seventh day
▼ + stars: | 2024-08-12 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +4 min

CNN —Russian authorities were on Monday evacuating civilians from more areas along the Ukrainian border, a week into Kyiv’s surprise cross-border incursion into Russian territory. Vyacheslav Gladkov, the governor of the Belgorod region in southern Russia, said people living in the Krasnoyaruzhsky district were being relocated to safer places. A photo provided by the Government of Kursk region of Russia shows people from the border districts of the region boarding evacuation buses. Russian authorities imposed a sweeping counter-terror operation in the three border regions, but stopped short of declaring the incursion an act of war. The counterterrorist regime officially gives Russian authorities wider powers, including the ability to monitor telephone conversations and restrict communications and limiting the movement of people.

Persons: Vyacheslav Gladkov, ”, Rybar, “, Volodymyr Zelensky, Vladimir Putin Organizations: CNN, Telegram, Government, Government of, Ukrainian, Kyiv, Armed Forces, Ukrainian Defense Ministry, Kremlin Locations: Ukrainian, Belgorod, Russia, Krasnoyaruzhsky, Kursk, Government of Kursk, Russian, Ukraine, Poroz, Moscow, US

☆ Top general says Ukrainian forces have captured almost as much Russian territory in the last week as Russia has land in Ukraine this year
▼ + stars: | 2024-08-12 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Read previewIn under a week, Ukrainian forces have captured around 1,000 square kilometers in their surprise offensive into Russia, Kyiv's top commander said on Monday. The amount of Russian territory that Ukraine has seized in a matter of days — roughly 386 square miles — is almost as much as Moscow has captured in Ukraine this year. Advertisement"As of now, we control about 1,000 square kilometers of the territory of the Russian Federation. According to Mitch Belcher, a geospatial analyst at the Institute for the Study of War, which tracks battlefield movements and developments, Russian forces occupied around 108,163 square kilometers of Ukrainian territory on December 31. "We assess that Russian forces have occupied an additional 1,175 square kilometers of Ukrainian territory thus far in 2024," he told BI on Monday.

Persons: —, Oleksandr Syrskyi, Zelenskyy, Syrskyi, Mitch Belcher, Vladimir Putin, John Kirby, Biden, Ryan Pickrell Organizations: Service, Business, Russian Federation, Ukrainian, REUTERS, Institute for, Sputnik, Kremlin, White, National Security Council Locations: Russia, Kyiv's, Ukraine, Moscow, Russia's Kursk, Kyiv, Russian, Ukraine's Sumy, Kursk, Kremlin, Kursk Oblast

☆ Kamala Harris courts Silicon Valley elite: Here's what to know
▼ + stars: | 2024-08-12 | 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 EmailKamala Harris courts Silicon Valley elite: Here's what to knowCNBC’s Deirdre Bosa joins 'The Exchange' to discuss the latest developments in tech and its impact in the presidential campaigns.

Persons: Kamala Harris, Deirdre Bosa

☆ Ukraine exposed Russia's sluggish military command with its Kursk invasion, analysts say
▼ + stars: | 2024-08-12 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Read previewRussian military commanders are facing criticism over their botched response to Ukraine's audacious incursion into Russia's Kursk region. In a Telegram post on Friday, Russian military expert Vladislav Shurygin said that Ukraine had exposed serious problems with Russia's command. The Russian military has made slow but incremental progress in its campaign in the Donetsk region of east Ukraine recently, tempering criticism. Ukraine's Kursk incursion, though, has renewed questions about the effectiveness of Russia's military command, which, according to a March Congressional report, is often excessively rigid and slow to react to developments. AdvertisementThe Russian military is still attempting to drive back the Ukrainian invasion, with reports of fighting in the towns of Tolpino and Obshchy Kolodez.

Persons: —, Vladimir Putin, Vladislav Shurygin, Sergei Markov, Markov, Putin, Rainer Saks, Ukraine's Organizations: Service, Business, Kremlin, CNN, Washington Post Locations: Russia's Kursk, Ukraine, Kursk, Russian, Russia, US, Estonian, Donetsk, Ukraine's Kursk, Tolpino

☆ Israeli military says no change in civilian guidelines amid reports of looming Iranian attack
▼ + stars: | 2024-08-11 | by ( Jeremy Diamond | ) edition.cnn.com time to read: +2 min

CNN —The Israel Defense Forces said Sunday its instructions to the public have not changed amid a possible retaliatory attack from Iranian forces after the assassination of Hamas political leader Ismail Haniyeh. “IDF forces are deployed and prepared in high readiness. As planned ceasefire talks are due to take place this week, the threat of an attack from Iran and Iranian-backed Hezbollah looms. The office of Israeli Prime Minister Benjamin Netanyahu confirmed Israel will send a delegation to the talks. An Israeli source familiar with the matter told CNN over the weekend Egyptian and Qatari mediators have conveyed to Israeli officials in recent days Hamas leader Yahya Sinwar wants a ceasefire deal.

Persons: Ismail Haniyeh, “, Daniel Hagari, Barak Ravid, Benjamin Netanyahu, Israel, Yahya Sinwar, Joe Biden Organizations: CNN, Israel Defense Forces, IDF, UN Security Council Locations: Iran, Iranian, United States, Qatar, Egypt, Israel, Gaza, Israeli

☆ Hezbollah fires rockets into Israel as threat of Iran attack looms
▼ + stars: | 2024-08-11 | by ( Jeremy Diamond | Irene Nasser | ) edition.cnn.com time to read: +4 min

Haifa, Israel CNN —Hezbollah fired a barrage of rockets toward northern Israel on Sunday night, as Israeli forces remain on high alert for potential retaliation from Iran and its proxies following the assassination of a top Hamas leader last month. About 30 rockets were launched from Lebanon, the Israel Defense Forces (IDF) said, adding that some fell into open areas and no injuries were reported. “IDF forces are deployed and prepared in high readiness. Austin has ordered a guided-missile submarine to the Middle East and accelerated the arrival of a carrier strike group to the region ahead of an anticipated Iranian attack against Israel, the Pentagon said in a statement Sunday evening. The office of Israeli Prime Minister Benjamin Netanyahu confirmed Israel will send a delegation to the talks.

Persons: Israel CNN —, Ismail Haniyeh, “, Daniel Hagari, Barak Ravid, Austin, Yoav Gallant, Ravid, Gallant, Benjamin Netanyahu, Israel, Yahya Sinwar, Joe Biden Organizations: Israel CNN, National News Agency, Israel Defense Forces, IDF, CNN, Pentagon, UN Security Council Locations: Haifa, Israel, Iran, Lebanon, Gaza, Ma’aroub, Tehran, United States, Qatar, Egypt, Israeli

☆ Travel news: Europe’s cleanest swimming spots
▼ + stars: | 2024-08-10 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN —In our roundup of travel stories this week: a life-changing DNA test, a Georgia-to-Mongolia road trip with unexpected challenges, plus a new report reveals Europe’s cleanest places to swim. For sea swimming, Croatia has the brine that’s most divine, followed by Cyprus, Greece and Slovenia. For inland waters, Bulgaria, Greece, Ireland and Romania are all tied in first place, with Austria and Finland not far behind.

Persons: John Portmann, van, it’s, Here’s, It’s, Canada’s, James Gillese, Ryan Titchener, Debby, ”, Little Richard, Otis Redding, There’s Organizations: CNN, European Environmental Agency, European Union, overlanding, CNN CNN Travel, Tourists Locations: Georgia, Mongolia, Croatia, Cyprus, Greece, Slovenia, Belgium, Bulgaria, Ireland, Romania, Austria, Finland, Seine, Paris, Arizona, Russia, Australia, America, Lahaina, Maui’s, Canada’s Jasper, Coast, East Coast, Macon, Macon , Georgia

☆ Elon Musk's battle with Mark Zuckerberg is looking like a lost cause
▼ + stars: | 2024-08-10 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

Read previewElon Musk might just be losing any hopes he had of one-upping his arch nemesis, Mark Zuckerberg. A lost battleElon Musk is facing a tougher battle with Mark Zuckerberg's social media empire. Beata Zawrzel/Getty ImagesOne of Musk's biggest challenges in turning X into a legitimate rival to Zuckerberg's social media platforms is generating revenue. In Musk's own words, it's a declaration of "war" with the very people he needs to boost falling revenue at X. But none of this helps Musk in its effort to outdo Zuckerberg at his own social media game and widen X's appeal.

Persons: —, Elon, Mark Zuckerberg, wakeboarding —, reputationally, Zuckerberg, Elon Musk, Mark, Beata Zawrzel, Musk's, Musk, Linda Yaccarino, X, it's, Lara O'Reilly, GARM, Tommy Robinson, Robinson, Stephen Yaxley, Lennon —, 4W5ZOssbEY, Josh Self, Kier Starmer, it'll Organizations: Service, SpaceX, Business, Twitter, Musk's, The New York Times, Meta, Global Alliance, Responsible Media, Center, Britain, Financial Times Locations: San Francisco, Meta's, Texas, Southport, Liverpool, Falkland, Britain

☆ New fossils could reveal origin of ancient ‘hobbit’ humans
▼ + stars: | 2024-08-10 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

More bones followed, and at first, archaeologist Thomas Sutikna and his team thought they had uncovered the ancient fossils of a child. And the newly studied fossils represent an earlier hobbit who was 2.4 inches (6.1 centimeters) shorter than the first specimen. Homo erectus was the first ancient human to migrate out of Africa about 1.9 million years ago. Together, the Homo floresiensis fossils paint a portrait of a hardy species able to adapt and thrive despite the presence of hulking Komodo dragons. Defying gravityAstronauts Butch Wilmore and Suni Williams have long outstayed a planned eight days in low-Earth orbit after traveling to the International Space Station aboard Boeing’s Starliner spacecraft in June.

Persons: Bua, Thomas Sutikna, floresiensis, Homo floresiensis, erectus, Homo erectus, Butch Wilmore, Suni Williams, SpaceX’s, Williams, David Brunetti, Pharaoh Djoser, NASA's, squaretail groupers, China’s Chang’e, Ashley Strickland, Katie Hunt Organizations: CNN, International Space, NASA, Sutton, Exploration Rover, Rover, CNN Space, Science Locations: Indonesian, Flores, Africa, African, Sutton Hoo, Suffolk, England, Sutton, Turkey, China, India’s

☆ Promises of happier, healthier living drove tourists to Costa Rica in droves. Now, locals say the Blue Zone lifestyle is dying out.
▼ + stars: | 2024-08-10 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Tourists are flocking to Costa Rica, with visitors trying to get a taste of the Blue Zone lifestyle that promises better-than-average health and longevity. Researchers from Stanford have studied the Nicoya Blue Zone. "It's not uncommon to see people in Nicoya live to be in their 90s, but we're seeing that number slip back down into the 80s." AdvertisementStill, if you're in the region, you will probably see a lot about the Blue Zone as a selling point driving more tourism. "A lot of people are using it for their business — Blue Zone this, Blue Zone that — I'm sure they know what it means, but the lifestyle is something that's fading, unfortunately, because it was all the old-timers keeping it alive," Jones told BI.

Persons: Costa, Thomas Jones, it's, —, Jones, Juan Gabriel, Gabriel, he's, David Rehkopf, Luis Rosero, there's Organizations: Service, Central, Business, Tourism, Bahia Rica, Stanford, Stanford Medicine Magazine, Stanford School of Medicine Locations: Costa Rica, Nicoya, Central American, Paquera, Germany, Spain, France, Norway, Bahia, Costa Rican

☆ Kursk incursion: Putin sends reinforcements to battle Ukraine's Russia attack
▼ + stars: | 2024-08-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Yuliya-Talmazan-Circle-Byline-Template.Jpg | Yuliya Talmazan | ) www.nbcnews.com time to read: +2 min

It is a village in Kursk, across the border in southern Russia. Destroyed Russian military vehicles in Oktyabrskoye village, Kursk. “That’s very significant.”Russia’s defense ministry has boasted that Ukrainian troops had been stopped, but has yet to report pushing Kyiv’s forces back across the border. Military command said that some 1,000 Ukrainian soldiers, backed by tanks and military vehicles, were involved in the initial attack. It shared videos showing columns of heavy armor headed toward Kursk, and Russian jets bombing what it said were Ukrainian troops and equipment on Russian territory.

Persons: Vladimir Putin’s, Ukraine tightlipped, ” Frank Ledwidge, “ Organizations: NBC News, Kremlin, Ukraine, Reuters, England’s University of Portsmouth Locations: Ukraine, Kursk, Russia, Ukrainian, Moscow, Russian, Oktyabrskoye, Kremlin Russian, British

☆ Europe was on the brink of a night train revolution. Here’s what actually happened
▼ + stars: | 2024-08-09 | by ( Ben Jones | ) edition.cnn.com time to read: +11 min

Prior to the company’s demise, it had looked like Europe was poised for something of a night train revolution. Despite this demand, the hurdles for startups like Midnight Train trying to enter the market to meet it remain virtually insurmountable. Formidable obstaclesEuropean Sleeper is one of the few new night train operators to begin services, but the company has struggled to find rolling stock. “Politicians must be clear: the night train market will be effectively closed for a very long time,” he says. With the honorable exception of Nightjet, which plans to expand rapidly over the next five years, European night train services have yet to match the hype.

Persons: Adrien Aumont, Eva Plevier, Alex Halada, –, ÖBB, Nick Brooks, ”, “, Bart Biesemans, ” Brooks, Mark Smith, Robert Nemeti Organizations: CNN, Trains, Midnight Trains, Regiojet, Compagnie Internationale des, Orient Express, Getty, Austrian Federal Railways, Reuters, Barcelona, European Union, Swiss Federal Railways, Deutsche Bahn, Italian State Railways, Formidable, EU Locations: Europe, Stockholm, Denmark, Germany, Czech, Czechia, Slovakia, Ukraine, Prague, Croatia’s, Brussels, Amsterdam, Berlin, –, France, Barcelona, AFP, Spanish, Paris, Milan, Venice, Florence, Rome, Hamburg, Copenhagen, Madrid, Porto, Edinburgh, Anadolu, Vienna, Austria, Italy, Hungary, Poland, Belgium, Netherlands, Sweden, Sicily, Messina, Europe’s

☆ How supershoes are redefining the Olympic marathon
▼ + stars: | 2024-08-09 | by ( Susan Baek | News Associate | ) www.nbcnews.com time to read: +6 min

Previously, running shoes were “flats” designed with a less-is-more approach. Carbon-plated supershoes from various brands are now worn by your average runners chasing personal records at major marathons around the world. Since the Vaporfly’s debut in 2016, runners have shattered world records, including achieving a sub-two-hour marathon. Japanese marathon runner Yusuke Ogura wears Nike Zoom Vaporfly running shoes in Marugame City in 2020. But while supershoes have transformed the landscape of professional running, the sport requires much more than a sturdy pair of running shoes.

Persons: ”, Elliott Heath, Heath, Fiona O’Keeffe, James Gilbert, ” O’Keeffe, “, LZR, Yusuke Ogura, Kota, Vaporflys, ” Heath, Tigst Assefa Organizations: Nike, Paris Olympics, Team USA, Puma, U.S, NASA, Kota Kawasaki, The New York Times, Athletics, Tokyo, Marathon, Adidas, Olympics, World Athletics Locations: Rio, Paris, Orlando, Fla, Marugame City, Vienna, Tokyo

CNN —A video that surfaced online appears to show bodies on burnt-out Russian military trucks in the country’s southwestern Kursk region, the latest sign that Ukraine’s cross-border assault is probing more deeply and inflicting significant damage on Moscow’s troops. Rybar, one of the more prominent Russian military blogs, published a roundup of developments Friday that said the front lines have “somewhat stabilized” with the arrival of Russian reinforcements. Rybar cited local residents of Vtoroye Knyazhino, a settlement on the outskirts of Sudzha, as saying Ukrainian infantry entered their village. US officials say they do not believe Ukraine intends to hold Russian territory for the long term. Russian authorities help residents during evacuation efforts at a railway station in Oryol, Kursk region, August 9, 2024.

Persons: Archangel Spetsnaza, Dnevnik Desantnika, Cherkasskoe, Russkoe, Rybar, Pilipey, Volodymyr Zelensky, ”, Vladimir Putin, “, Kursk –, ” Artamonov, Reuters Russia ‘, Ukraine Mykhailo Podolyak, Zelensky, Podolyak, Peter Stanno, Ukraine “, Matthew Miller Organizations: CNN, Russian, CNN –, Malaya Loknya, Getty, Ukraine’s, Russia’s, Ministry, Russian Emergencies Ministry, Reuters, European Union, Ukraine, US State Department Locations: Kursk, Oktyabrskoye, Rylsk, Russian, Kyiv, Korenevo, Sudzha, Malaya, Vtoroye, Ukrainian, Kostyantynivka, Donetsk, AFP, Moscow, Kostiantynivka, Ukraine, Russia, Belgorod, Ukraine’s Kharkiv, –, Lipetsk –, Lipetsk, Bryansk, Voronezh, Orel, Crimea, Oryol, Handout, Reuters Russia

☆ Ukraine unleashes large drone attack on Russian airfield as Kyiv's offensive continues
▼ + stars: | 2024-08-09 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Ukrainian drones struck a key military airfield in Russia's Lipetsk region, forcing authorities to declare a state of emergency in another Russian region this week in the face of Kyiv's ongoing cross-border offensive. All are receiving the necessary assistance," Artamonov said in a later Google-translated Telegram update, without detailing the state of those who had suffered injuries. Kursk was still reporting missile danger alerts as of Friday, according to Google-translated Telegram updates from regional Governor Alexei Smirnov, who said the local situation remained "difficult." Moscow has continued its own advances, with a Russian missile hitting a supermarket in the town of Kostiantynivka in the front-line Ukrainian region of Donetsk on Friday. At least 10 people were killed and 35 others were injured as a result, according to Minister of Internal Affairs Ihor Klymenko in a Google-translated Telegram update.

Persons: Ukraine —, Su, Igor Artamonov, Artamonov, Alexei Smirnov, Ihor Organizations: Ukraine's, Staff, Command, Lipetsk, CNBC, Google, Internal Locations: Russian, Kostyantynivka, Donetsk, Ukrainian, Russia's Lipetsk, Lipetsk —, Ukraine, Lipetsk, Kursk, Belgorod, Kyiv, Moscow, Kostiantynivka

CNN —Ukrainian forces are pushing further into the Kursk region of Russia, in a cross-border incursion that surprised even American officials, multiple US and Ukrainian officials tell CNN. Ukrainian forces are comprised of a mix of Ukrainian regular and special operations units, unlike previous Ukrainian operations inside Russia that often involved undercover units and local sympathizers. Russia claimed on Thursday to have halted a Ukrainian incursion into its territory, but later said that some battles are ongoing in the Kursk region. Neither the Ukrainian military nor the government in Kyiv has publicly commented on the operation. A Russian military blogger Rybar reported on Wednesday that the Ukrainian military had established control over a gas transit station near the border.

Persons: Vladimir Putin, “ Sudzha, wasn’t, Alexei Smirnov, ”, Hochu, “, Kozak, Mick Ryan, Peter Stano, Karine Jean, Pierre, Biden, ” Jean, …, Niu York, HUR, Rybar, CNN’s Mariya Knight, Olga Voitovych Organizations: CNN, Russian Ministry of Defense, Russian Federal Security Service, Russian Defense, Telegram, Russian Ministry of Health, ., Federal Medical, Biological Agency, TASS, Reuters, Russian Defense Ministry, Futura, Institute for, Kyiv, Suspilne, Kyiv “, Ukraine Military Intelligence, LB, European Union, EU Locations: Kursk, Russia, Russian, Ukraine, Korenevsky, Ukrainian, Sudzhansky, Sudzha, Malaya Loknya, Kyiv, ”, Russia’s Kursk, Moscow, Pokrovsk, Niu, Toretsk, Europe

Asia-Pacific markets extended gains on Wednesday, tracking Wall Street benchmarks that snapped a three-day losing streak overnight. It further sold 3.87 trillion yen worth of dollars on May 1, ministry data showed. Customs data showed on Wednesday that China's imports in July grew faster-than-expected, while export growth missed forecasts. Exports in U.S. dollar terms rose by 7% for the month compared to a year ago, missing economists' expectations for a 9.7% increase. Meanwhile, U.S. dollar-denominated imports rose by 7.2%, far more than the economist's forecast of 3.5%.

Persons: Canon, Shinichi Uchida Organizations: Nikkei, Mitsui, SoftBank, Bank of Japan, Bank, Japan's Ministry of Finance, China's CSI, . Locations: Qingdao Port, Shandong province, Qingdao, China, Asia, Pacific

☆ Attorneys say Austin violated military rules in halting deal for alleged 9/11 conspirators
▼ + stars: | 2024-08-07 | by ( Haley Britzky | ) edition.cnn.com time to read: +8 min

Wednesday’s pretrial hearing, which has been scheduled for months, followed a whiplash decision by Austin to revoke a plea deal that had been announced just two days prior last week. “What he did was illegal,” Eugene Fidell, who teaches military justice at Yale University and co-founded the National Institute of Military Justice, told CNN. But Sowards argued Wednesday that by revoking the deal, Austin was actually doing more harm to the families. While the terms of the pretrial agreement had not been released publicly, among them was the assurance that the detainees would answer questions by 9/11 victim family members. Sowards said family members had already “been submitting questions in good faith,” and expecting answers in return as part of the deal.

Persons: Lloyd Austin, ”, ” Walter Ruiz, Mustafa Ahmed Adam al Hawsawi, Austin, Susan Escallier, Khalid Shaikh Mohammad, Walid Muhammad Salih Mubarak Bin ‘ Attash, Ruiz, “, ” Austin, ” Eugene Fidell, Gary Sowards, Mohammad, ” Sowards, Clayton Trivett, ’ ”, Austin “, Antony Blinken, “ I’m, Sowards, Wells Dixon, Majid Khan, Khan, Dixon, ” Dixon, Eugene Fidell’s Organizations: CNN —, Defense, Guantanamo, Pentagon, White, White House, Yale University, National Institute of Military, CNN, Military Commissions, Austin, Military, Australian, American, ”, Center for Constitutional Rights Locations: Guantanamo, Austin, Belize

The stunning transformation of the 2024 presidential race will reach new heights Tuesday when Vice President Kamala Harris unveils her running mate after a sequence of events that left Republican nominee Donald Trump flailing. Harris is due to join her vice presidential pick at a rally in Philadelphia that will kick off a joint sprint across an electoral map expanded by President Joe Biden’s shelving of his own reelection bid just over two weeks ago. In the final hours of her search after a compressed vetting period, Harris narrowed in on two candidates — Pennsylvania Gov. Tim Walz, 60, sources told CNN, although Arizona Sen. Mark Kelly remained in the running as of Monday afternoon. Read Collinson’s full analysis on Harris as she is set to announce her VP pick.

Persons: Kamala Harris, Donald Trump flailing, Harris, Joe Biden’s, Josh Shapiro, Tim Walz, Arizona Sen, Mark Kelly, Shapiro, Walz, Trump, Biden, Harris ’, Read Organizations: Republican, Minnesota Gov, CNN, Democratic, Trump Locations: Philadelphia, Arizona, Wisconsin, Michigan

☆ Kenya central bank cuts main lending rate by 25 basis points
▼ + stars: | 2024-08-06 | by ( ) www.cnbc.com time to read: 1 min

Kenya's central bank cut its benchmark lending rate by 25 basis points to 12.75% on Tuesday, saying there was scope for a gradual easing of its policy stance while ensuring continued exchange rate stability. "The MPC (Monetary Policy Committee) noted that its previous measures have lowered overall inflation to below the mid-point of the target range, stabilized the exchange rate, and anchored inflationary expectations," the central bank said in a statement. "The MPC will closely monitor the impact of the policy measures as well as developments in the global and domestic economy and stands ready to take further action as necessary in line with its mandate," it added. The rate cut comes after two monetary policy meetings at which the Central Bank Rate was left unchanged.

Organizations: Monetary

☆ Google loses search antitrust suit
▼ + stars: | 2024-08-06 | 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 EmailGoogle loses search antitrust suitCNBC's Deirdre Bosa joins 'Money Movers' to discuss the latest developments happening in big tech companies Google, Apple, and more.

Persons: Deirdre Bosa Organizations: Google, Apple

☆ Harris set to name running mate as global turmoil rocks an already surreal campaign
▼ + stars: | 2024-08-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

In the final hours of her search after a compressed vetting period, Harris narrowed in on two candidates — Pennsylvania Gov. Tim Walz, 60, sources told CNN, although Arizona Sen. Mark Kelly remained in the running as of Monday afternoon. But perception is often as important as reality in a presidential race. A critical choiceThe choice of a running mate is the first, most critical decision a party nominee makes. Still, Harris’ strong start appears to have restored the election to a neck-and-neck race, according to recent surveys.

Persons: Kamala Harris, Donald Trump flailing, Harris, Joe Biden’s, Josh Shapiro, Tim Walz, Arizona Sen, Mark Kelly, Shapiro, Walz, Trump, Biden, Harris ’, White, Barack Obama, Republican John McCain, Ismail Haniyeh, Israel’s, Benjamin Netanyahu, Jake Auchincloss, “, CNN’s Kasie Hunt, Harris Trump, Kamala, ”, it’s, Ohio Sen, JD Vance, Sarah Palin, —, don’t Organizations: CNN, Republican, Minnesota Gov, Democratic, Trump, Dow Jones, US, Federal Reserve, Biden, United States ., Israeli, Massachusetts Democrat, Ohio, Democratic National Convention, White Locations: Philadelphia, Arizona, Wisconsin, Michigan, Israel, United States, Iraq, Iran, Tehran, Gaza, Massachusetts, Chicago, Atlanta, Pennsylvania

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