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☆ Steady dollar sends yen to the brink of 160
▼ + stars: | 2024-06-26 | by ( ) www.cnbc.com time to read: +2 min

The dollar was firm on Wednesday and trading on the precipice of the 160 yen barrier as investors turned cautious and counted down to the release of U.S. price data at the end of the week. The dollar was firm on Wednesday and trading on the precipice of the 160 yen barrier as investors turned cautious and counted down to the release of U.S. price data at the end of the week. The Australian dollar dipped 0.1% to $0.6640 and the New Zealand dollar similarly slipped to $0.6115, with small moves reflecting thin trade. Sterling was steady at $1.268, while bitcoin has recovered somewhat from a dip below $60,000 this week to trade at $61,668. "The yen moves more, and yuan moves are more controlled, but they seldom move in opposite directions," said Societe Generale strategist Kit Juckes.

Persons: Pat Bustamante, Lisa Cook, Michelle Bowman, Bowman, bitcoin, Kit Juckes Organizations: Canadian, Westpac, Federal, Fed, New Zealand, Citi, Sterling, Generale Locations: Asia, U.S, China

☆ Oil prices fall as rally takes a pause while traders watch Middle East tensions, summer demand
▼ + stars: | 2024-06-25 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Crude oil futures fell Tuesday as the recent rally took a breather, with traders watching tensions on the Israel-Lebanon border and summer fuel demand. U.S. crude oil and global benchmark Brent are ahead 5.5% and 4.9%, respectively, for the month as prices have bounced back from May doldrums on a more optimistic outlook for summer fuel demand. Here are today's energy prices:Geopolitical tensions are also back in focus amid fears that Israel and the Iran-backed militia Hezbollah could go to war. Oil prices hit annual highs in April as Israel and Iran teetered on the brink of war, stoking fears that a wider conflict could engulf the Middle East and disrupt crude supplies. But McKay also said the oil rally could fade with funds likely to start liquidating long positions if WTI prices fall below $81 per barrel.

Persons: doldrums, Israel, CQ Brown, John Evans, Evans, Ryan McKay, McKay Organizations: Brent, Hezbollah, Air Force, Sunday, Israel, TD Securities Locations: McKittrick, Kern County , California, Israel, Lebanon, Iran, Gaza

☆ Paris Olympics 2024: Inside the landmark Olympic Village
▼ + stars: | 2024-06-25 | by ( Joshua Berlinger | ) edition.cnn.com time to read: +10 min

Paris CNN —When Paris last hosted the Summer Olympics 100 years ago, organizers were so keen to bring athletes under the same roof that they built the first-ever Olympic Village. Athletes sitting in front of a cabin in the Olympic Village at the 1924 Summer Olympics in Paris, France. The site for the Olympic Village was chosen in the hopes it would revitalize some of the city’s historically impoverished northern suburbs. A stool made from recyclable cardboard on display in the athletes' accommodation in the Olympic Village in Saint Denis, France. Nathan Laine/Bloomberg/Getty ImagesA cardboard bed inside an athletes' room at the Olympic Village in Saint Denis, France.

Persons: ”, Georgina Grenon, Denis, Saint, ‘, Nathan Laine, Grenon, Joshua Berlinger, ” Grenon, Jerome Giacomoni, Giacomoni, ” Sebastian Coe, Laurent Michaud, Paris Mayor Anne Hidalgo, “, ” Hidalgo, Vandoorne, Derek Van Dam Organizations: Paris CNN —, Paris, Topical, Hulton, Olympic, Organizers, Games, BBC, Bloomberg, Getty, CNN, World, Paralympic, International Energy Agency, Reuters, Paris Mayor Locations: City, Paris, France, Saint, Ile, London, Seine, Tokyo, Saint Denis, Europe

☆ Euro 2024: Mattia Zaccagni’s last-gasp equalizer sends Italy through to knockout stages and breaks Croatia hearts
▼ + stars: | 2024-06-24 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —Mattia Zaccagni’s last-minute stunner earned Italy a 1-1 draw and sent the defending champion through to the last-16 of Euro 2024, breaking Croatia’s hearts in the process. Luka Modrić’s goal 10 minutes into the second half after he had just missed a penalty looked like it would be enough to earn the Vatreni a place in the knockout stages. Late dramaCroatia has proven to be a real bogey team for Italy over the years. The Azzurri hadn’t tasted victory over Monday’s opponent in their previous eight meetings, a run stretching back to November 1994. Few teams in world football know how to eke out a result when it matters the most and there will not be a country that relishes the prospect of facing this resilient Italy team.

Persons: CNN — Mattia Zaccagni’s, Luka Modrić’s, Zaccagni, Riccardo Calafiori’s, Dominik Livaković, Torres, Dani Olmo’s, hadn’t, Italy’s, La, Luka Modrić, Christophe Simon, Luka Sučić, Gianluigi Donnarumma, Mateo Retegui, Nicolò, Alessandro Bastoni, Lorenzo Pellegrini, Ante Budimir, Mario Pašalić, Davide Frattesi, Modric, Donnarumma, Ronny Hartmann, Bastoni Organizations: CNN, Italy, Croatia, Albania, La Roja, Getty Images Locations: Spain, Croatia, Italy, Croatia’s, Albania, Germany, AFP, Livaković, Getty Images Italy

☆ Marjayoun, Lebanon: Residents along border with Israel fear another war
▼ + stars: | 2024-06-24 | by ( Ben Wedeman | ) edition.cnn.com time to read: +7 min

Marjayoun, Lebanon CNN —In the town of Marjayoun in southern Lebanon, around five miles north of the Israeli border, the main square seems almost abandoned. Tensions between Israel and Lebanon have risen sharply since the October 7 Hamas attack on Israel and the ensuing military campaign by Israel in Gaza. Damaged property in the town of Marjayoun, southern Lebanon. Sunday mass at the Maronite Church in the town of Marjayoun, southern Lebanon. I decide not to interfere with annoying questions about Israel, Hezbollah, impending war, death, destruction and displacement.

Persons: Virgin Mary, Saint Charbel, Claude, ”, Aita Al, Muhammad Darwish, Israel, ” Edouard Achy, Amal, We’re, ‘, Abu Nabil, Jordan, “, it’s, It’s, Fatin, you’d Organizations: Lebanon CNN —, Journalists, Hezbollah, CNN, South Lebanese Army, Israel, Maronite Locations: Marjayoun, Lebanon, Lebanese, Israel, Gaza, The Iran, Hasbaya, Syria, France, “, Jerusalem

☆ The Nation Resurgent, and Borders, Too
▼ + stars: | 2024-06-23 | by ( Roger Cohen | ) www.nytimes.com time to read: +1 min

That feeling, a vague but potent malaise, has many elements. The National Rally, whose anti-immigrant position lies at the core of its fast-growing popularity, has benefited from all this. “Well, it’s the same thing with a country.”In other words, nations need effective borders that can be sealed tight. This message, echoed by rising nationalist parties across Europe, and a central theme of Donald J. Trump’s presidential campaign in the United States, has proved potent. In France, it propelled Marine Le Pen’s National Rally to victory over President Emmanuel Macron’s party in voting for the European Parliament this month.

Persons: ” Jordan Bardella, Donald J, Emmanuel Macron’s Organizations: France Locations: France, North Africa, Europe, United States

☆ Stanley Cup Final: Edmonton Oilers back from the brink and set for historic Game 7
▼ + stars: | 2024-06-22 | by ( Aimee Lewis | ) edition.cnn.com time to read: +4 min

In the words of Florida Panthers captain Aleksander Barkov, the Stanley Cup Final has become “everyone’s dream.”The Edmonton Oilers have come back from the brink, igniting imaginations and creating a unique chapter in NHL history. “Game 7, so everyone’s dream, and that’s why we need to be ready for Game 7,” Barkov told reporters. The home team in Game 7 has a 12-5 record in the Stanley Cup Final. Home advantage has helped historically, with the host team enjoying a 12-5 record in Game 7 of the Final. Hyman, who with 16 goals has scored the most in a single postseason since Joe Sakic had 18 in the 1996 Stanley Cup playoffs, summed up the Oilers’ position nicely.

Persons: Aleksander Barkov, ” Barkov, “, Zach Hyman, Leon Draisaitl, –, Sergei Belski, Reuters “ You’ve, Paul Maurice, reporterrs, Dmitry Kulikov, Barkov, Sam Reinhard, ”, Hyman, Carter Verhaeghe, Oilers “, ” “, Codie McLachlan, Joe Sakic, we’ve Organizations: CNN, Florida Panthers, Edmonton Oilers, Panthers, ” Oilers, Oilers, Edmonton, Toronto Maple Leafs, USA, Sports, Reuters, ” Panthers, Rogers, ”, Getty Images, NHL Locations: Florida, Edmonton, Getty Images Edmonton

☆ Jensen Huang's Nvidia sure hopes the AI bubble doesn't burst anytime soon
▼ + stars: | 2024-06-22 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

AdvertisementHowever, Nvidia's run faces one big risk: it depends on the generative AI boom lasting. Though tech giants, including Apple, Google, Meta, and Microsoft, now appear to have made generative AI their priority, there appears to be awareness of the technology's weaknesses. Google, for instance, was forced to apologize earlier this year after its generative AI image generator created historically incorrect images in response to user requests. For now, though, the industry seems intent on moving ahead with LLM-enabled generative AI. That should keep Nvidia in the race with Microsoft and Apple to a $4 trillion valuation.

Persons: —, Jensen Huang, they've, Dan Ives, Huang, Tim Cook, Yann LeCun Organizations: Service, Nvidia, Microsoft, Apple, Business, Meta, Google, Blackwell, Apple Intelligence, Financial Locations: Taipei

☆ Ukraine produces stirring comeback win against Slovakia at Euro 2024
▼ + stars: | 2024-06-21 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

Ukraine suffered a chastening defeat in its opening group game on Monday, producing a dour display in a 3-0 defeat against Romania. But Ukraine looked rejuvenated after the break and came out for the second half with a new sense of belief. “It’s very good emotions for our people of Ukraine who are really missing these emotions,” Rebrov said in his post-match interview on Friday. In this kind of tournament, you can win, you can lose, but it’s very important how you do it. “We deserve this win and I think today we really played with spirit.”

Persons: Mykola Shaparenko, Roman Yaremchuk, Ivan Schranz’s, Shaparenko, Yaremchuk, Serhiy Rebrov, “, ” Rebrov, ” Organizations: CNN —, Slovakia, Ukraine, Romania, CNN Sport, team, CNN, Belgium Locations: CNN — Ukraine, Slovakia, Ukraine

One by one, each country with the money and the drive to compete started its own nuclear weapons program. Even with this kind of evidence in hand, science has reached only limited conclusions about how nuclear weapons testing affects individuals’ health. They helped create the 2021 Treaty on the Prohibition of Nuclear Weapons, signed by 93 countries, which bans the possession, use and testing of nuclear weapons. France has acknowledged its “debt” to Polynesians over nuclear testing, and it created a commission in 2010 to evaluate nuclear testing victim compensation claims, but it has never apologized. We are still wrestling with the damage wrought by testing nuclear weapons in our past.

Persons: —, Ernest Moniz, Barack Obama, ” Mr, Moniz, Trump, Trump’s, Biden, United States ’, Republic of Kiribati —, we’re, Robert Oppenheimer’s, Oppenheimer, Ben Wyatt, King Juda, Harry Truman, Oppenheimer’s, Karina Lester, ”, Willard F, Libby, Louis, couldn’t, Merril Eisenbud, Hinamoeura, Britain —, “, it’s, John Moody, Benetick Kabua Maddison, Maddison, Benetick, It’s, Vladimir Putin Organizations: Las, Washington, United States, Marshall, Embassy, D.C, Marshalls, U.S, Navy, United, Soviet Union, Britain, Atomic Energy Commission, St, Louis University, Washington University School of Dental Medicine, Bravo, U.S . Navy, Atomic Energy, Centers for Disease Control, Polynesia —, Nuclear Weapons, ., Pacific Mart, Educational, America Locations: U.S, Japan, United States, Russia, China, Nevada, Soviet Union, — Semipalatinsk, Kazakhstan, Reggane, Algeria, Montebello, Australia, Republic of Kiribati, Marshall Islands, Republic, Washington, Hiroshima, New Mexico, Las Vegas, Marshall, Hawaii, Philippines, Bikini, Atoll, Soviet, Africa, Polynesia, Xinjiang, The, Britain Britain, Britain, American, Kwajalein Atoll, France, France France, Tahiti, Nagasaki, Asia, Europe, India, Pakistan, North Korea, United, Kwajalein, Hawaii , California, Washington and Oregon, Arkansas, Springdale, you’re, Rhode Island, Moscow

☆ Opinion | Where the World Plans to Test Nuclear Weapons Next
▼ + stars: | 2024-06-20 | by ( Kathleen Kingsbury | ) www.nytimes.com time to read: +1 min

A nuclear weapon doesn’t need to be used in war to have lasting impact. More than 2,000 such weapons were tested during the 20th century, leaving behind generational fallout that affects human beings, public health and the environment. Hennigan details in his latest for Times Opinion’s “At the Brink” series, the United States, Russia and China are all modernizing their testing facilities. None of the nations have conducted an underground nuclear test since they all signed the 1996 Comprehensive Nuclear Test Ban Treaty. But the United States and China never ratified the document into force, and Russia rescinded its ratification in November, a step backward for international arms control.

Persons: Times Opinion’s, James Martin Organizations: Times, Planet Labs PBC, James, James Martin Center, Nonproliferation Studies, Middlebury Institute of International Studies Locations: United States, Russia, China

A Massacre Threatens Darfur — AgainDarfur SUDAN El FasherA civil war is ripping apart Sudan, one of Africa’s largest countries. Yet a New York Times examination of satellite imagery and video from El Fasher make one thing clear:The assault is intensifying. DARFUR R.S.F. Whole neighborhoods were razed, similar to the destruction in parts of southern and eastern El Fasher in recent months. “The videos from El Fasher could become critical evidence in future trials for crimes in Darfur.”

Persons: Sudan’s, Al Salam, Abu Shoak, El Fasher Al Salam, Abu, Mohamed Zakaria, Thomas van Linge, —, Mellit, El Fasher, ”, El, El Geneina, Janjaweed, Linda Thomas, Greenfield, Ali Yagoub Gibril, Al Zeer Salem, Fasher, Matthew Gillett, “, ” Mr, Gillett Organizations: Fighters, Rapid Support Forces, . Security, New York, El, Sudanese, Al Salam Camp, Camp, Reuters Fighters, Yale, Research, —, Times, Centre, Information Resilience, Mellit El, Support Forces, Google, ”, Islamic Relief, United Nations, The Times, U.S . Treasury, Broadcasting, University of Essex Locations: Darfur, SUDAN El Fasher, Sudan, El, DARFUR, El Fasher, East Darfur, Sudan’s, Chad, El Geneina, American, Spain, Central Darfur

☆ Israel warns of 'devastating consequences' as spike in fire with Lebanon risks wider conflict
▼ + stars: | 2024-06-17 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +4 min

Smoke and flame rise after Hezbollah carried out a missile attack on Safed city, northern Israel on June 12, 2024. Over the past week, Lebanese militant group Hezbollah has ramped up hostilities and cross-border missile attacks against targets in northern Israel, according to Israel Defense Forces and the Hezbollah-aligned al-Manar news outlet. It comes amid a ramp-up in attacks by Hezbollah in recent weeks following repeat offensives against its neighbor since October. "Hezbollah's increasing aggression is bringing us to the brink of what could be a wider escalation, one that could have devastating consequences for Lebanon and the entire region," Hagari added. "Israel will take the necessary measures to protect its civilians, until security along our border with Lebanon is restored.

Persons: Sami Taleb Abdullah, Taleb Abdullah, Israel, Daniel Hagari, Hagari, HoweveHezbollah, Sheikh Naim Qassem, Amos Hochstein, Joe Biden, Biden, Houthi —, Iran —, Yahya Sare'e Organizations: Hezbollah, Israel Defense Forces, Hamas, IDF, CNBC, Lebanese, Washington, U.S, NBC News Locations: Safed, Israel, Lebanon, Iran, Tehran, Gaza, Lebanese, Jouaiyya, Red

☆ Israeli military announces 'tactical pause' in attempt to increase flow of aid into hard-hit Gaza
▼ + stars: | 2024-06-16 | by ( ) www.cnbc.com time to read: +2 min

JERUSALEM (AP) — The Israeli military on Sunday announced a "tactical pause" in its offensive in the southern Gaza Strip to allow the deliveries of increased quantities of humanitarian aid. It said the pause was being coordinated with the U.N. and international aid agencies. That was down from 168 a day in April and far below the 500 trucks a day that aid groups say are needed. The flow of aid in southern Gaza declined just as the humanitarian need grew. COGAT, the Israeli military body that oversees aid distribution in Gaza, says there are no restrictions on the entry of trucks.

Persons: Salah, Israel's Organizations: Humanitarian Relief Foundation, Sunday Locations: Gaza, JERUSALEM, Rafah, Israel, COGAT

☆ A France in Turmoil Mourns Françoise Hardy, Its Voice of Melancholy Cool
▼ + stars: | 2024-06-14 | by ( Roger Cohen | ) www.nytimes.com time to read: +1 min

It was like Françoise Hardy, the wistful singer and songwriter of a certain French melancholy and style, to slip away in the midst of a political storm, for it was never the clamor of power struggles that interested her, but rather an inner world of solitude, love betrayed and loss. With France in turmoil after President Emmanuel Macron’s sudden plunging of the nation into an unexpected legislative election campaign, the country’s leading newspapers nevertheless devoted much of their front pages to Ms. Hardy’s death this week at the age of 80, hailing “the icon” of French music. For Gabriel Attal, the prime minister, it was the loss of “this singular voice of a fierce tranquillity that cradled generations of French people” that felt overwhelming. For Brigitte Bardot, “France has lost with her a little of that nobility, of that beauty and that luminous talent, of that elegance that she conveyed all through her life.”It was as if the country through Ms. Hardy’s life had come full circle, from her birth during an air raid in Nazi-occupied Paris in 1944, seven months before the city’s liberation, to a moment when a far-right party once led by a man who belittled the Holocaust is now possibly on the brink of power.

Persons: Françoise Hardy, Emmanuel Macron’s, Gabriel Attal, Brigitte Bardot, “ Locations: France, “ France, Nazi, Paris

☆ Caitlin Clark: WNBA star says people weaponizing her name is ‘disappointing’
▼ + stars: | 2024-06-14 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —As she adjusts to life in the WNBA, rookie phenom Caitlin Clark is also having to navigate becoming a lightning rod for societal discourse. “It’s disappointing,” replied Clark ahead of the Indiana Fever’s home game against the Atlanta Dream. Her rivalry with fellow star Angel Reese, for example, has triggered discourse about race in the US. Clark has had a mixed start to her WNBA career so far, showing flashes of her brilliance but struggling initially with the physicality of the professional game. “Nobody’s apathetic about the WNBA because we’ve brought in so many new fans into what we call the fan funnel this year.”

Persons: Caitlin Clark, Clark, she’d, “ It’s, ”, “, Steph Chambers, Angel Reese, Reese, I’ll, ” Reese, ‘, ” Clark, don’t, DiJonai Carrington, ” Carrington, reignite, Cathy Engelbert, haven’t, ’ ’, Engelbert of Clark, “ We’re, Caitlin, Engelbert, Cameron Brink, we’ve Organizations: CNN, WNBA, Indiana Fever, Indiana Fever’s, Atlanta, Seattle Storm, NCAA, Sun, Twitter, Indiana, Chicago Sky, USA, Wednesday Locations: USA

☆ French Stocks Tumble to Worst Week in Two Years Over Election Fears
▼ + stars: | 2024-06-14 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

A growing realization that President Emmanuel Macron’s decision to hold snap elections in France may backfire sent the French stock market tumbling on Friday to its lowest level in two years, and prompted warnings from the French finance minister that the economy risks stumbling into a financial crisis. Amid growing signs that Marine Le Pen’s far-right party may be ushered to the brink of power, France’s benchmark stock index, the CAC 40, slumped 2.7 percent. The losses capped a weeklong losing streak that sent shares down more than 6 percent, wiping out all the bourse’s gains since the start of the year. Among the hardest hit stocks were France’s biggest banks, including BNP Paribas and Société Générale, which hold hefty amounts of French sovereign debt. Equally worrisome, the risk premium that investors demand to hold French government bonds over Germany’s, a eurozone benchmark, rose to the highest since 2017, the biggest weekly jump since 2012, when the euro debt crisis was underway.

Persons: Emmanuel Macron’s, Société Organizations: CAC, BNP Locations: France

☆ The end of Infowars? Judge to decide fate of Alex Jones’ conspiracy empire in Sandy Hook families’ quest for justice
▼ + stars: | 2024-06-14 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Alex Jones’ conspiracy empire is on the brink. If the judge rules in favor of Sandy Hook families, Infowars would be shuttered. In such a scenario, a court-appointed trustee would be tasked with securing the assets and then selling off Jones’ media empire, including the website, studio space, and broadcasting equipment. “Infowars would no longer exist,” Christopher Mattei, an attorney who represents some of the Sandy Hook families, explained this week to CNN’s Hadas Gold. But the attorneys representing Sandy Hook families expect that the most likely scenario is Jones’ Infowars empire will be sold off, piece by piece, with the proceeds going to their clients.

Persons: Alex Jones ’, Sandy Hook, Jones, Infowars, ” Christopher Mattei, ” Jones, Tucker Carlson, Dinesh D’Souza, Alex Jones, ” Mattei, “, ” Organizations: New York CNN, Systems, Companies, Fox News, Voting Systems, America News, Salem Media Locations: New York, Texas, Newtown , Connecticut, Connecticut

☆ Saudi Arabia looking to China for a lifeline for its futuristic city could mean trouble for the US
▼ + stars: | 2024-06-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how Saudi Arabia is courting Chinese investors for help with its massive, futuristic city facing financial issues. NeomSaudi Arabia's dreams of a futuristic city are turning into a financial nightmare, and one of its solutions could spell trouble for the US. Since 2017, the Kingdom has touted big plans for the desert megacity Neom . AdvertisementThe city plans to heavily use renewable energy, a key area of focus for China as it digs itself out of its economic hole . But a soft real estate market and a trail of angry business partners and customers are threatening to thwart his big plans .

Persons: —, Prince Mohammed bin Salman's, Neom's, hasn't, Tom Porter, Prince, Aaron Weiner's, Weiner, Justin Sullivan, it's, they'd, Tyler Le, Giovanna Ventola, Michael Shvo, Shvo, Tesla, Jose Uribe, Sen, Bob Menendez, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, UEFA, Business, Neom, US, International Monetary Fund, Bank of America, Apple, Apple Intelligence, OpenAI, Amazon, Bonnaroo Music, Arts Festival, Post Malone Locations: Saudi Arabia, Neom, Saudi, Kingdom, China, Gaza, New York, London

☆ Martin Starger, Influential Shaper of TV and Movies, Dies at 92
▼ + stars: | 2024-06-14 | by ( Richard Sandomir | ) www.nytimes.com time to read: +1 min

Martin Starger, who as a senior executive at ABC in the 1970s helped bring “Happy Days,” “Roots,” “Rich Man, Poor Man” and other shows to the small screen — and the network nearly to the brink of No. 1 in prime time — before turning to producing movies, most notably Robert Altman’s “Nashville,” died on May 31 at his home in Los Angeles. His death was confirmed by his niece, Ilene Starger, a casting director. Mr. Starger joined ABC in the mid-1960s and rose to positions of increasing importance, culminating in his promotion to president of ABC Entertainment in 1972. He was culturally ahead of his audience but was pragmatic in his programming choices, but ever striving for better.”

Persons: Martin Starger, ” “ Rich, ”, Robert Altman’s “, Ilene, Starger, Barry Diller, Diller Organizations: ABC, ABC Entertainment Locations: Robert Altman’s “ Nashville, Los Angeles

☆ Live Updates: U.S. to Sign 10-Year Pact With Ukraine as G7 Leaders Meet
▼ + stars: | 2024-06-13 | by ( David E. Sanger | Steven Erlanger | ) www.nytimes.com time to read: +8 min

Mr. Biden and Mr. Zelensky will meet on Thursday and sign a security agreement, said Jake Sullivan, Mr. Biden’s national security adviser. Mr. Biden faces the hurdle of convincing his allies, starting with Mr. Zelensky, that the United States plans to stay in the fight with Ukraine, no matter what happens in November. Mr. Biden told Mr. Zelensky last week, in France, that “I apologize for the weeks of not knowing what was going to pass,” and put the onus on Republicans in Congress. During a trip to Normandy last week, Mr. Biden appeared to have persuaded France, one of the last holdouts, to support the deal. “The administration has been quick to get aid to Ukraine once Congress moved, and that’s to its credit,” he said.

Persons: Biden, Volodymyr Zelensky, Mr, Zelensky, Jake Sullivan, “, ” Mr, Sullivan, we’ll, ”, Vladimir Putin, Pope Francis, Donald J, Trump, Rishi Sunak, Emmanuel Macron, Biden’s, Vladimir V, Putin, Claudia Greco, John E . Herbst, Evelyn Farkas, Barack Obama, Ms, Farkas, ” Alan Rappeport Organizations: Ukraine, U.S, Kremlin, Group, Air Force, “, hobble, NATO, Mr, Reuters, European, World Bank, Eurasia Center, Atlantic Council, United, McCain Institute, Arizona State University Locations: Ukraine, United States, Italy, Israel, Russia, hobble Russia, Europe, France, Congress, Savelletri, Normandy, Belgium’s, U.S, Eurasia

☆ Elon Musk's payday drama comes to a head today
▼ + stars: | 2024-06-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

It's always sunny at Business Insider when "Welcome to Wrexham" star Rob McElhenney is around. In today's big story, we're looking at the drama between Tesla shareholders over Elon Musk's bumper pay package that gets decided on today . As funny as that sounds, the battle over Elon Musk's pay package is no joke. One longtime Tesla investor said the EV maker is " kind of the bottom of the pecking pole of Elon's companies ." Vote here on if you're for or against Musk's pay package .

Persons: —, Rob McElhenney, Elon, Apu Gomes, Chelsea Jia Feng, Insider's Grace Kay, they're, he's, Brooks Kraft, Musk, it's, Gwynne Shotwell, Somodevilla, Blackstone, Dan Ives, Araya Doheny, Patrick Fallon, Jenny Chang, Rodriguez, Henrik, Fisker, VCs, that's, whittle, Mark Zuckerberg, de Haro, Gen Zers, Mike Verdu, Slack, Brad Smith, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Elon, Getty, Retail, Brooks Kraft LLC, Nvidia, Tesla, Wall, SpaceX, Federal Reserve, Big Apple, Apple, Microsoft, BI, Adobe Locations: Wrexham, Delaware, Tesla, Manhattan, New York, London

☆ At the G7, Biden Will Push for Frozen Russian Assets to Help Ukraine
▼ + stars: | 2024-06-12 | by ( Erica L. Green | David E. Sanger | ) www.nytimes.com time to read: +1 min

Two weeks after President Biden reversed himself and approved firing American weapons into Russian territory, he and his closest allies are preparing a different kind of assault, using the proceeds from Russia’s own financial assets to aid the reconstruction of Ukraine. For two years, the world’s largest Western economies have debated how to deal with $300 billion in frozen Russian assets, which the Kremlin — somewhat inexplicably — left in Western financial institutions after the Ukraine invasion began in 2022. Now, after long debates about whether the West could legally turn those assets over to the government of President Volodymyr Zelensky of Ukraine, the allies seem on the brink of a compromise, to be announced at the Group of 7 summit in Italy. The Group of 7, which comprises the world’s wealthiest large democracies, is about to agree to a loan to Ukraine of roughly $50 billion to rebuild the country’s devastated infrastructure, with the understanding that it will be paid back by interest earned on the frozen Russian assets, Western officials said. But even that amount, experts say, would only begin to make a dent in building a new Ukraine.

Persons: Biden, Volodymyr Zelensky Organizations: Group Locations: Ukraine, Italy

☆ Europe's climate ambitions thrown into doubt as Green vote collapses
▼ + stars: | 2024-06-10 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

That's significantly lower than the 71 seats the Greens/EFA secured when the green faction enjoyed its strongest ever showing five years ago. Nationalist and far-right parties — traditionally skeptical of climate issues — have also been vocal critics of green policies. Bas Eickhout Lead candidate for the Green PartyBas Eickhout, lead candidate for the Green Party, said that support for the far-right parties across the bloc could jeopardize Europe's progress on climate action. Green Deal 'cannot go back'Ahead of the vote, researchers warned that the outcome of the European elections was likely to put significant pressure on the European Green Deal, the region's showcase carbon neutrality program. Which means [the] Green Deal cannot go back, but we are prepared to give it this additional twist, which is a Green Deal, but taking care of the transitions," Marques told CNBC's Silvia Amaro.

Persons: Emmanuel Macron, —, we're, Eickhout, CNBC's Silvia Amaro, Ricarda Lang, Grünen, Terry Reintke, Omid, Reintke, Pedro Marques, Marques, Jorg Asmussen, Asmussen, CNBC's Annette Weisbach, John Macdougall Organizations: Afp, Getty, European Free Alliance, Greens, EFA, Democracy, European Union, European Conservatives, Social Democrats, Free Democrats, French, Union, Nationalist, Bas Eickhout, Green Party, Green, Green Deal, Socialist, Democrats Group, German Insurance Association Locations: The Hague, Germany, Austria, France, Bas, China, United States, Europe, European, Berlin's Columbiahalle, Denmark, Netherlands, Sweden, Finland, Croatia, Latvia, Slovenia, Lithuania, EU, den Linden, Berlin

☆ Rural hospitals keep getting attacked by cybercriminals. Microsoft and Google are working to fix that
▼ + stars: | 2024-06-10 | by ( Sean Lyngaas | Michelle Watson | ) edition.cnn.com time to read: +4 min

CNN —Microsoft and Google will offer free or discounted cybersecurity services to rural hospitals across the United States to make them less vulnerable to cyberattacks that have disrupted patient care and threatened lives, the White House and Microsoft said Monday. Microsoft said in a statement to CNN that it would provide free security updates for eligible rural hospitals, as well as security assessments and training for hospital staff. Google will provide free cybersecurity advice to rural hospitals and start a pilot program to match the firm’s cybersecurity services with the needs of rural hospitals, Anne Neuberger, the top cyber official at the White House National Security Council, told reporters on Sunday. The nation’s roughly 1,800 rural community hospitals are among the most vulnerable to dangerous ransomware attacks because they often lack IT security resources and cybersecurity-trained staff. “We do see a much more permissive environment in Russia by both hacktivists and criminals, and it’s of concern,” Neuberger, the White House official, told reporters.

Persons: Anne Neuberger, Biden, “, ” Neuberger, ” Cleveland, Justin Bibb’s, Cleveland, Bibb’s Organizations: CNN, Microsoft, Google, White House, White House National Security Council, Sunday, American Hospital Association, National Intelligence, UnitedHealth, FBI, Department of Public Safety, Department of Public Utilities Locations: United States, Russia, City, Cleveland

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