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☆ These 10 U.S. states have America’s best economies in 2024
▼ + stars: | 2024-07-18 | by ( Scott Cohn | ) www.cnbc.com time to read: +13 min

We consider economic growth and job growth. We measure the breadth of each state's economy by looking at how many major corporations are headquartered there. Delaware's economy turned in a lackluster performance in 2023 — the only state economy to shrink last year. Mario Tama | Getty ImagesThe Grand Canyon State's surging chip sector is delivering many dividends, including strong job growth and a healthy housing market. But he noted that construction employment grew at a healthy pace last year, evidence that the state economy still has steam left.

Persons: Dupont De Nemours, Ethan Miller, Kevin C, George Frey, Mark Knold, Knold, Zions, Mario Tama, Katie Hobbs, Allison Joyce, they've, Andrew Berger, Gross, Berger, Nina Dietzel, Lawrence Kessler, Kessler, Brandon Bell, Joe Raedle Organizations: Companies, Business, Delaware, Istock, Getty, Fortune, Census, Commerce Department, Aaa, Direct Investment, Corporate, Gem State, Micron Technology, Lamb Weston Holdings, Silver State, Pew, Major Corporations, Vegas Sands, MGM Resorts, Benz, Cox, Mercedes, Nestlé, Purina, Adidas, Georgia Department of Economic, U.S . Commerce Department, Assurant, Intercontinental, Contractors, Bloomberg, Utah's Department of Workforce Services, Arizona Workers, Gov, Democrat, Major, Technology, North, Health, Employers, North Carolina Department of Commerce, Corporate Headquarters, Bank of America, Duke Energy, Tennessee, University of Tennessee, The Volunteer State, FedEx, Texas Employees, Lone Star State, Entrepreneurship, Oracle, Tesla, Amerant Locations: States, Wilmington, New Castle County , Delaware, Delaware, Incyte, Idaho, Boise , Idaho, USA, Nevada, Las Vegas, Las Vegas , Nevada, Southern California, Vegas, Georgia, Atlanta , Georgia, Peach, Utah, Provo , Utah, U.S, Beehive, Buckeye , Arizona, Arizona, North Carolina, Wilmington , North Carolina, Carolina, Tennessee Nashville , Tennessee, Luling , Texas, The Texas, North Dakota, California, Texas, Florida, Sunrise , Florida

☆ Fund manager picks the stocks and sectors that investors should play right now
▼ + stars: | 2024-07-18 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Portfolio manager Chad Morganlander named a raft of sector and stock plays for investors right now, and revealed he was bullish on small-cap names. Besides small-cap stocks, Morganlander also likes "large cap value stocks." Value stocks are often cheaper than so-called growth stocks and typically trade at a lower price than what the company's performance indicates. Stocks to play Morganlander believes several sectors and stocks make good plays for investors right now. From the health-care sector, the portfolio manager is also bullish on United Health , as he says its PE multiple of around 17 times gives it "competitive positioning."

Persons: Chad Morganlander, Russell, Morganlander, CNBC's, Stocks Organizations: Crossing Advisors, Nasdaq, Union, Union Pacific, United Health, Microsoft, Big Tech Locations: U.S, Union Pacific

☆ How to Become a Player in the Global Mineral Trade
▼ + stars: | 2024-07-18 | by ( Daisuke Wakabayashi | Chang W. Lee | ) www.nytimes.com time to read: 1 min

Every year in Kazakhstan, workers pull hundreds of thousands of tons of copper from below the nation’s soil. Exporting oil and metals has been the life force of this former Soviet republic’s economy for decades. Now, as the world moves toward cleaner energy and electric vehicles, nickel and other minerals have become even more valuable, kicking off a boom. China, the country’s neighbor to the east, is well positioned to capitalize. It has invested billions upgrading Kazakhstan’s rail lines ...… and new ports and other infrastructure — visible symbols that this Central Asian country is open for business.

Locations: Kazakhstan, Soviet, China

☆ King’s Speech: Charles unveils Keir Starmer’s plans for Britain, in state opening of parliament
▼ + stars: | 2024-07-17 | by ( Rob Picheta | ) edition.cnn.com time to read: +8 min

The speech sets out the agenda of Keir Starmer, who defeated Rishi Sunak's Conservatives in this month's election. Starmer also formalized plans to renationalize Britain’s rail network in the coming years, and to create a publicly-owned renewable energy company. At home, a number of institutions were targeted for modernization – most awkwardly, the very room in which Charles gave his speech. “The party opposite has successfully tapped into the public’s desire for change, but they must now deliver change,” Sunak said. Those arguments will intensify in the coming weeks, as Labour introduces its first bills to Parliament – beginning with three priority measures from the speech later this week.

Persons: CNN — Keir Starmer, ”, King Charles III, ” Starmer, Starmer, Keir Starmer, Rishi Sunak's, Dan Kitwood, Camilla, Black Rod –, Rishi Sunak, Kirsty Wigglesworth, Charles, Bill, –, Theresa May, ” Sunak, Sunak Organizations: CNN, Commons, Labour, Tory, Conservative, Reform UK, Getty, Border Security Command, National Health Service, NATO, – Locations: nationalize, Britain, Europe, Buckingham Palace, Westminster, Rwanda

☆ UK's Labour vows planning reform and clean energy transition as King's Speech reveals key policies
▼ + stars: | 2024-07-17 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

King Charles III, wearing the Imperial State Crown and the Robe of State reads the King's Speech from the The Sovereign's Throne next to Queen Camilla, wearing the George IV State Diadem in the House of Lords chamber, in the Houses of Parliament on July 17, 2024 in London, England. LONDON — The U.K.'s new Labour government on Wednesday outlined a raft of proposed legislation, including the nationalization of rail operators and the creation of a publicly-owned clean power company. In a speech delivered by King Charles III on behalf of the administration, the government said it is "committed to a clean energy transition that will lower bills for consumers over time," adding that it would establish Great British Energy, headquartered in Scotland, to help accelerate investment in renewable energy such as offshore wind. The speech listed a broad range of proposals, many of which have already been announced. A pledge of economic growth was yet again front and center in the speech, described in the opening lines as a "fundamental mission" which would help the country move on from the cost of living crisis.

Persons: King Charles III, Queen Camilla, George IV, Charles Organizations: Imperial State Crown, George, Labour, British Energy, Microsoft Locations: State, London, England, Scotland

☆ Amtrak Passengers Face Record Delays From Extreme Weather
▼ + stars: | 2024-07-17 | by ( Minho Kim | ) www.nytimes.com time to read: +1 min

Later that afternoon, after the temperature peaked at 96 degrees in Newark, Amtrak lost electricity near the New Jersey side of the Hudson River tunnels. The power failure soon shuttered a 150-mile stretch of the busiest rail corridor in the United States for more than three hours. The impact reverberated until the next day, when trains chugged through with hours of residual delays. As the planet rapidly warms, train delays and breakdowns are becoming more frequent as America’s antiquated rail infrastructure struggles to remain functional during prolonged extreme weather events that were not typical when the system was constructed. A New York Times analysis of Amtrak data found that the rail service’s passengers have faced record delays in recent years caused by inclement weather such as heat waves, storms, floods, high winds, low temperatures, tornadoes, lightning and wildfires.

Organizations: Amtrak, New York Times Locations: Northeast, Newark, New Jersey, Hudson, United States

☆ Japan: One in 10 young people say they have been groped in public, survey finds
▼ + stars: | 2024-07-16 | by ( Chris Lau | Yumi Asada | ) edition.cnn.com time to read: +3 min

Tokyo CNN —One in 10 young people in Japan – the vast majority women – have been groped on trains and in other public places, a government survey has found, highlighting an often unreported crime that has long plagued the country despite official efforts to fight it. Women accounted for nearly 90% of those who said they were assaulted, according to the survey released this month. “For some reason, I cry more now when I remember it than when it happened,” they told the survey. But some survey respondents urged authorities to do more. “We need to continue to educate people that molestation is a serious crime,” a Japanese government spokesperson told CNN, adding that public groping should always be reported.

Persons: –, “, ”, chikan, groped, Jeffrey Hall, Hall, haven’t Organizations: Tokyo CNN, CNN, Kanda University of International Studies Locations: Japan, Tokyo, Chiba

☆ An options trade that wins if the worst is mostly over for this struggling trucking stock
▼ + stars: | 2024-07-11 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Here I'll break down a nuanced options trade for on a transportation stock reporting next week. JB Hunt Transport Services, Inc . Unfortunately, this has been the case for JB Hunt lately. While I'm not prepared to call for a stellar quarter - economic pressures generally don't resolve quickly - much of the near-term damage may be done. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: you've, JB Hunt, Hunt, I'm Organizations: JB, Transport Services, Inc, CNBC, NBC UNIVERSAL Locations: you've, North America's, Lowell , Arkansas

☆ Tens of Thousands of Students Protest Job Quotas in Bangladesh’s Streets
▼ + stars: | 2024-07-11 | by ( Saif Hasnat | ) www.nytimes.com time to read: +1 min

Tens of thousands of students blocked the main streets of Bangladesh’s capital, Dhaka, on Thursday, demanding that quotas for civil service jobs be abolished and those jobs given to candidates on the basis of merit. The protests broke out after a Dhaka court recently reinstated quotas for government jobs, which were abolished by a government order in 2018 following another countrywide student protest. The appellate division halted the new ruling for four weeks on Wednesday, but that did not quell the demonstrations. Protesting students blocked entry and exit points as well as key intersections in Dhaka, one of the world’s most crowded cities, causing major traffic congestion. Students broke a police barricade in Dhaka’s Shahbag area on Thursday evening to conduct a large sit-in.

Locations: Bangladesh’s, Dhaka, Dhaka’s Shahbag

☆ See How Your Subway Service May Suffer Without Congestion Pricing
▼ + stars: | 2024-07-11 | by ( Keith Collins | ) www.nytimes.com time to read: +4 min

See How Your Subway Service May Suffer Without Congestion PricingAfter Gov. Here are some of the subway projects the authority says it has shelved:Work has been suspended on the expansion of the Second Avenue subway. Improvements have been postponed at nearly 100 subway stations, including new elevator and ramp installations, platform replacements and upgrades to public announcement systems. A map shows a dot for each of the affected subway stations across four of the five boroughs, with Staten Island out of frame. Below is a list of the subway stations where upgrades have been put on hold, based on what the M.T.A.

Persons: Kathy Hochul, Hoyt, Schermerhornt Organizations: Metropolitan Transportation Authority, Metropolitan Transportation Locations: New York, North America, Manhattan, Upper Manhattan, York, Brooklyn, Queens, New York City, Staten

☆ NATO allies are discussing reclaiming some Chinese-owned infrastructure in Europe
▼ + stars: | 2024-07-11 | by ( Kayla Tausche | Kylie Atwood | ) edition.cnn.com time to read: +5 min

CNN —NATO officials are discussing taking action to reclaim some Chinese-owned infrastructure projects in Europe should a wider conflict with Russia break out in the east of the continent, three officials involved in the discussions told CNN. A decade ago, when Europe was still crawling out of the economic crater caused by the global financial crisis, the promise of infrastructure funding from Chinese-owned investment firms seemed like a major windfall. The fear, according to one US official, is that Beijing could use the infrastructure it owns in Europe to provide material assistance to Russia if the conflict were to expand. The discussions reflect an increasing focus on China by the NATO alliance. A NATO official said that if a war erupted, the infrastructure “would almost certainly be nationalized, or nations would temporarily assume operating control, under emergency security measures.

Persons: Antony Blinken, Kishida, ” Blinken, Jens Stoltenberg, CNN’s Natasha Bertrand Organizations: CNN, NATO, Washington, Moscow, Beijing, Initiative, Helsinki Shipyard –, US, Ukraine, European Union Locations: Europe, Russia, Ukraine, Beijing, China, NATO, Eastern Europe, Baltic, Finland, Canada, Japan, East Asia, South Korea, Australia, New Zealand, France, Washington

☆ Pricing is really weird lately
▼ + stars: | 2024-07-10 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at why pricing is so weird these days . More recently, Walmart introduced digital price tags, which some people said could be used for variable pricing. The constantly changing costs have consumers feeling a sense of price fatigue, Emily writes. Emily writes that most economists agree that government-mandated price-fixing isn't the way to go about it. So, as Emily writes, you can't fault anyone for feeling a certain sense of doom and gloom about the economy.

Persons: —, Alyssa Powell, Emily Stewart, Emily, Michael Raines, Rebecca Zisser, Michael Arone, Steve Granitz, Elon Musk, Tyler Le, Larry Page, Biden, Keir Starmer, Rishi Sunak's, Jerome Powell, Jordan Parker Erb, Lisa Ryan, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Soviet Union, Business, Walmart, JPMorgan, Wall, Group, State, Navy, Spotify, Labour Party, Samsung Locations: Montana, Soviet, America, USA, Diego, Idaho, New York, London

☆ Supporters of the High Line Aim to Block Plan to Build a Casino Nearby
▼ + stars: | 2024-07-10 | by ( Stefanos Chen | ) www.nytimes.com time to read: 1 min

A plan to build a casino over a sprawling rail yard on Manhattan’s Far West Side has a new, formidable opponent: parkgoers. Friends of the High Line, an influential nonprofit that operates the nearby 1.5-mile rail-line-turned-park, said Wednesday that it will muster supporters to attempt to thwart the development plan. The opponents of the casino proposal said the development would block views of the city from the High Line and create gusty winds and cast long shadows that could hurt local businesses. The proposal, submitted in February, would also create a 1,180-foot apartment tower, a 1,376-foot office building, a public school and day care. The development, in Hudson Yards, is being led by Related Companies, which built the eastern half of the site, and Wynn Resorts, a Las Vegas gambling giant.

Organizations: Related Companies, Wynn Resorts Locations: Hudson Yards, Las Vegas

☆ China examining if EU is putting up ‘trade barriers’ as tensions intensify
▼ + stars: | 2024-07-10 | by ( Laura He | ) edition.cnn.com time to read: +2 min

Earlier this year, the EU launched investigations into China’s state support for its wind turbine and solar panel suppliers. Now, China will investigate if the bloc’s probes violate the two sides’ economic treaty and if they have hurt the country’s trade with the 27 EU member states. The announcement comes just days after the provisional additional duties on imports of Chinese-made EVs into the EU came into effect. Beijing has spoken out strongly against the EU tariffs, saying it will make “all necessary moves” to safeguard China’s interests. According to Wednesday’s announcement, MOFCOM is launching its latest investigation in response to a June request by an industry group in China.

Persons: MOFCOM Organizations: Hong Kong CNN, China’s Ministry of Commerce, EU Locations: Hong Kong, EU, China, Beijing

☆ Election deepfakes could undermine institutional credibility, Moody's warns
▼ + stars: | 2024-07-10 | by ( Michelle Castillo | ) www.cnbc.com time to read: +7 min

A new report from Moody's on Wednesday warns that generative AI and deepfakes are among the election integrity issues that could present a risk to U.S. institutional credibility. In a letter to Rosenworcel, it encouraged the FCC to delay its decision until after the elections because its changes would not be mandatory across digital political ads. Some social media platforms have already self-adopted some sort of AI disclosure ahead of regulations. Google requires all political ads with modified content that "inauthentically depicts real or realistic-looking people or events" to have disclosures, but doesn't require AI disclosures on all political ads. Thirteen states have laws on election interference and deepfakes, eight of which were enacted since January.

Persons: Gregory Sobel, William Foster, Jessica Rosenworcel, Dan Ives, Ives, Tony Adams, Moody's, Abhi Srivastava, Secureworks, Adams, they've Organizations: Federal Communications, FCC, Federal, Commission, Wedbush Securities, Meta, Google, Facebook, Unit, United Nations Locations: Moody's, New Hampshire

☆ Forget AI: These 3 overlooked areas of the stock market have 'coiled spring' upside, JPMorgan says
▼ + stars: | 2024-07-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewInvestors are still overtaken by the frenzy for generative AI — but there are underappreciated areas of the market that could offer gains like "coiled springs," according to JPMorgan Asset Management. Related storiesBy the fourth quarter of 2024, JPMorgan expects earnings expansion for the other 493 S&P 500 stocks to match that of the Magnificent 7, a dynamic shown in the chart below. Earnings growth is expected to climb in the S&P 500, barring the Magnificent Seven stocks. These stocks are bound to see upside due to "unexpected resiliency" in the US economy and the rising need to transport materials.

Persons: —, Microsoft — Organizations: Service, Asset Management, Nvidia, Meta, Microsoft, Business, JPMorgan, JPMorgan Asset Management, Semiconductors

☆ Amazon's Asian rival Shein wants to be supply chain giant, but some fear Chinese cyber spying inside global trade links
▼ + stars: | 2024-07-08 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +13 min

Shein logistics software is in beta testing with select supply chain customers, according to a person familiar with its plans. "Shein's software could provide unprecedented access to sensitive supply chain data, which the Chinese government could seize under its laws. This exposure poses a direct threat to U.S. supply chain integrity, making it vulnerable to exploitation and manipulation." Even with a headquarters based in Singapore, company supply chain data could be subject to seizure by the Chinese. Shein's fast rise to dominance Shein's dominance lies in the company's hyper-flexible supply chain, according to a recent report from supply chain intelligence firm Zero100.

Persons: Jade Gao, Shein, cybersecurity, Lee Kair, Kair, Dewardric McNeal, McNeal, Ram Ben Tzion, Ben Tzion, Department of Homeland Security's, Shein's, Srini Cherukuri, Chris Xu's, Zero100, Eric Fullerton, Project44 Organizations: Shein, Afp, Getty, Transportation Security Administration, U.S, Authentic Holdings, Simon Property Group, Longview Global, Obama administration's Department of Defense, CNBC, Standards Organization, Secretariat, IAF, Microsoft U.S, EU, Social, International, Uyghur Forced Labor, Department of Homeland, Border Patrol, New York, ITS Logistics, Logistics Locations: Guangzhou, China's Guangdong, Jade, China, U.S, Exiger, Shein, Asia, Singapore, Frankfurt, Germany, Xinjiang Province, Customs, York, United States

☆ The UK used to be a European tourism hot spot. Here’s how it all went wrong
▼ + stars: | 2024-07-06 | by ( Julia Buckley | ) edition.cnn.com time to read: +14 min

Tax-free shopping for tourists has been axed, and EU visitors now need a passport to visit, which most don’t have. Matt Cardy/Getty ImagesAs a result of Brexit, in 2021 the UK government abolished tax-free shopping for non-EU citizens. It means the UK is now the only European country not offering tax-free shopping to visitors from outside the continent. “The impact of losing tax-free shopping is clear to see,” says Dee Corsi, chief executive of the NWEC. “Whilst the likes of Italy and France are actively leveraging tax-free shopping as a driver of growth, British businesses continue to trade at a disadvantage.

Persons: CNN —, Rishi Sunak, what’s, JC Milhet, Hans Lucas, Tom Jenkins, ”, “, ” Patricia Yates, Kayla Zeigner, Marcy Zyonse, We’ve, –, Yates, ” There’s, Zeigler, Zyonse, ’, Owen Humphreys, VisitBritain, That’s, she’s, Keir Starmer, VisitBritain's Yates, Phil Noble, ” “, Marcus Lee, hasn’t, Matt Cardy, Dee Corsi, Jenkins, “ It’ll, King Charles, John Sibley, London “, Mia, ” She’ll, Britain Organizations: CNN, UK’s Labour Party, Conservative, Labour, Getty, European Tourism Organisation, VisitBritain, Destination, Tourism, New, London, ”, UK, “, China Travel, Visitors, West End Company Locations: Britain, Italy, Luxembourg, London, AFP, Europe, Caribbean, Greece, Lake, Ireland, It’s, Spain, France, New York, ”

☆ As heat levels climb, so do power bills. Here’s how you can keep costs down
▼ + stars: | 2024-07-04 | by ( Erika Tulfo | ) edition.cnn.com time to read: +5 min

But on the tail of a record-breaking heatwave that swept the Midwest and Northeast, she’s finding it difficult to keep costs down. Americans’ power bills are expected to soar this summer, as heat waves have already begun baking parts of the country. But keeping your AC off when you’re not home may actually result in higher bills later on. In an aerial view, high voltage power lines run along the electrical power grid on May 16, 2024, in West Palm Beach, Florida. A higher rating indicates lower energy consumption levels and, in turn, lower costs of cooling.

Persons: Emma Corrado, “, ”, Corrado, Annie Carforo, Carforo, Anthony Behar, SIPPL, Jamie McShane, Con Edison, ” Carforo, you’re, Mark Wolfe, Wolfe, Joe Raedle, ” McShane, Con, ” Wolfe Organizations: CNN, University of Wisconsin -, WE ACT, Environmental Justice, Costco, Department of Energy, National Energy Assistance, Association Locations: University of Wisconsin - Madison, Midwest, Madison , Wisconsin, York, Queens, New York City, NY, New York, acclimate, West Palm Beach , Florida, Bronx , Brooklyn, Manhattan, Westchester

☆ Who is Jordan Bardella and what might his far-right party do in power?
▼ + stars: | 2024-07-04 | by ( Christian Edwards | ) edition.cnn.com time to read: +11 min

Handpicked as leader by National Rally (RN) doyenne Marine Le Pen in an effort to purge the far-right party of its racist and antisemitic roots, Bardella has taken it closer to the gates of power than ever before. Whether the RN forms a government and Bardella becomes prime minister after the July 7 runoff is not clear. So, who is Bardella, and what might his party do in power? Le Pen and Bardella address a crowd of RN supporters in Paris, after Macron called a snap election, June 9, 2024. When the prime minister and president belong to different parties – in a rare arrangement known as “cohabitation” – things can grind to a halt.

Persons: CNN — Jordan, –, Bardella, Emmanuel Macron’s, France’s, Denis, Le Pen, Le Pen’s, Louis Aliot, Le, Macron, Julien De Rosa, Freed, Jean, Marie Le Pen, Franco, Paris Anne Hidalgo, Luc Mélenchon, ” Bardella, Julien de Rosa, Gabriel Attal, ” Mujtaba Rahman, Mario Draghi, Giorgia Meloni, Benito Mussolini, Matteo Salvini, Vladimir Putin, Antonio Masiello, Hungary’s Viktor Orban –, Macron – Organizations: CNN, National Rally, National Assembly, Front, Sorbonne university, Getty, Macron’s Ensemble, Immigrants, Ministry of, Armed Forces, New Popular Front, EU, Eurasia Group, European Union Locations: Paris, France, Europe, Seine, Macron, AFP, Vichy, Spanish, Brussels, Italy, Ukraine, Kyiv, Russia

United Kingdom 2024 Election: Live ResultsThe first results are expected after 6:30 p.m. Eastern. % Seats 0 0.0 % 0 0 0.0 % 0 0 0.0 % 0 0 0.0 % 0 + Show moreBritain is voting in a parliamentary general election that could fundamentally realign its politics. Polling suggests a return to power for the center-left Labour Party, whose promises include ending a tax exemption for private schools and bringing most rail companies into public ownership. Winner No dataBut even as some forecasts indicate a crushing majority for Labour, this is increasingly far from a two-party race. Winner by ConstituencyThis table shows the results from the 2024 election in each constituency grouped by the party that won it in the last general election.

Persons: Boris Johnson, Labour’s Organizations: Labour Party, Labour, Liberal Democrats, Greens, New York Times Locations: Scotland, Wales

☆ Who is Labour's Keir Starmer, the likely new leader of Britain?
▼ + stars: | 2024-07-04 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

Labour leader Keir Starmer visits Burton and South Derbyshire College on June 27, 2024 in Burton upon Trent, United Kingdom. Cameron Smith | Getty Images News | Getty ImagesLONDON — Britain looks likely to elect its first Labour prime minister in 14 years, with an expected landslide victory for the opposition party during the July 4 elections. CNBC takes a look at the U.K.'s new prime minister and his platform. watch nowStarmer also served as a human rights adviser during former Labour Prime Minister Tony Blair's landmark Northern Ireland Good Friday Agreement. Labour leader Keir Starmer gives a speech as he visits the Vale Inn on June 27, 2024 in Macclesfield, United Kingdom.

Persons: Keir Starmer, Cameron Smith, Rishi Sunak, Starmer, —, Margaret Thatcher's, Tony Blair's, Jeremy Corbyn, Reform's Nigel Farage Organizations: South Derbyshire College, Getty, Labour, CNBC, British, National Health Service, University of Leeds, University of Oxford, Shell, Conservative, Northern, Service, Wealth Fund Locations: Burton, Burton upon Trent, United Kingdom, Britain, London, England, Victoria, Macclesfield

☆ How China and Russia Compete, and Cooperate, in Central Asia
▼ + stars: | 2024-07-03 | by ( Keith Bradsher | Anatoly Kurmanaev | ) www.nytimes.com time to read: +1 min

With Russia mired in a long war in Ukraine and increasingly dependent on China for supplies, Beijing is moving quickly to expand its sway in Central Asia, a region that was once in the Kremlin’s sphere of influence. Russia, for its part, is pushing back hard. As the leaders of Central Asian countries meet with the presidents of China and Russia this week in Astana, the capital of Kazakhstan, China’s rising presence is visible in the region. Flag-waving Kazakh children who sang in Chinese greeted Xi Jinping, China’s leader, upon his arrival in Astana on Tuesday. But as the group has expanded its membership, China and Russia have used it as a platform to showcase their ambitions of reshaping a global order dominated by the United States.

Persons: Xi Jinping, Vladimir V, Putin Organizations: Russia, Central, Shanghai Cooperation Organization Locations: Ukraine, China, Beijing, Central Asia, Russia, Astana, Kazakhstan, United States

☆ The US has sent at least 14,000 of its massive, highly destructive 2,000-pound bombs to Israel since October 7, report says
▼ + stars: | 2024-06-29 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe US has shipped at least 14,000 MK-84 2,000-pound bombs to Israel since the start of the war in Gaza in October, Reuters reported, citing two US officials briefed on an updated list of shipments. US support for IsraelThe US has also shipped 6,500 500-pound bombs, 3,000 Hellfire missiles, and other munitions to Israel since October 7, the two officials told Reuters. Domestically, Biden's support for Israel has become a contentious issue, particularly among young voters. AdvertisementBusiness Insider reported in May that Biden's reelection campaign was struggling to shore up support among those critical of his support for Israel.

Persons: —, Israel, John Chappell, Tom Karako, Biden, Netanyahu Organizations: Service, Reuters, New York Times, Business, Executive, Armaments, Ammunition, Munitions, US, Center for Civilians, CNN, Israel, Hellfire, Center for Strategic, International Studies, Biden, Israel Defense Forces, IDF, Pentagon Locations: Israel, Gaza, United States

☆ France is set for its most consequential election in decades. Here’s what you need to know
▼ + stars: | 2024-06-27 | by ( Christian Edwards | ) edition.cnn.com time to read: +12 min

CNN —France’s snap parliamentary election is one of the most momentous in decades, for both the country and the rest of Europe. Politicians rarely call an election when their party trails in the polls and there is no need to do so. Although Macron was elected to a second presidential term in 2022, his party failed to win an outright parliamentary majority. One theory about why Macron called an election now is that France might soon have been forced to the polls anyway. With Le Pen seeming increasingly likely to succeed him as president in 2027, this election may force her party to take up responsibility beforehand.

Persons: CNN —, Emmanuel Macron, he’ll, ” Kevin Arceneaux, …, France’s, Macron, Pen, Antonio Masiello, –, Laure Boyer, Hans Lucas, Gabriel Attal – Macron’s, Jordan Bardella, Bardella, Le Pen, Denis, Eric Ciotti, Jordan Bardella's, Julien De Rosa, Jean, Luc Mélenchon, Raphaël, Sylvain Thomas, Mujtaba Rahman, “, Rahman, ”, Jordan, we’re, Macron –, I’m Organizations: CNN, Paris hamstrung, –, Sciences Po, Fifth, Assembly, National Assembly, Palais Bourbon, Getty, Sorbonne university, Socialists, New, Eurasia Group Locations: Europe, France, Paris, Fifth Republic, Italy, AFP, Seine, Montpellier, Brussels, Ukraine, Kyiv, Russia

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