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☆ How China Became the World’s Largest Car Exporter
▼ + stars: | 2024-11-29 | by ( Agnes Chang | Keith Bradsher | ) www.nytimes.com time to read: +11 min

How China Became the World’s Largest Car ExporterChina 5.7 million cars exported Japan Mexico Germany South Korea Top car exporters in the world United States 2016 2020 2024 China 5.7 million cars exported Japan Mexico Germany South Korea Top car exporters in the world United States 2016 2020 2024 China 5.7 million cars exported Japan Mexico Germany South Korea Top car exporters in the world United States 2016 2020 2024 Source: Alix Partners Note: 2024 values are estimated. Domestic sales 20 Exports 0 2010 2015 2020 2024 Production capacity 40 million cars Car production capacity has risen faster than sales. Mr. Wen gave him essentially a blank check to make China the world’s leader in electric cars. Last year, most of the cars China sold abroad were traditional gasoline engine cars. China has more than 100 factories with a combined capacity to build close to 40 million internal combustion engine cars a year.

Persons: Alix, Donald J, Trump, Wen Jiabao, Wen, Carmakers Organizations: China, Japan Mexico Germany South, Alix Partners, European Union, China’s, Communist Party, Wan, Audi, America, UNITED STATES, BRAZIL, UBS, China Volkswagen, Volkswagen Locations: China, Japan Mexico Germany, Japan Mexico Germany South Korea, States, United States, Asia, Thailand, Philippines, Germany, Europe, Southeast Asia, Shanghai, Russia, Ukraine, Latin America, TURKEY, India, Brazil, Turkey, U.S

☆ I've traveled to over 60 countries. Here's how I chose where I wanted to live permanently.
▼ + stars: | 2024-11-28 | by ( Joel Balsam | ) www.businessinsider.com time to read: +6 min

I've always wanted to see what was out there beyond my quiet backyard. AdvertisementIn 2015, I spent a year teaching English in Madrid and traveled across Europe, India, and Southeast Asia. AdvertisementUnsure of when international travel might return, my partner and I decided to buy an apartment in Montreal. Related storiesLit up again in BrazilLast year, I traveled to 17 countries for work and to search for a place to live. I think Rio is the most beautiful natural city I've ever seen.

Persons: Joel Balsam, Balsam, Will, I've, I'd, Rio, Jair Bolsonaro, Montreal, Lula Organizations: Southern, Guardian, Lonely, Logistics, Rio US, beachy Zona Locations: Ottawa , Ontario, Canada, Brazil, Montreal, South America, Rio de Janeiro, Madrid, Europe, India, Southeast Asia, Medellín, Colombia, Oaxaca, Mexico, Rio, Southern United States, Morocco, Armenia, Nepal, Spain, Salvador, beachy, beachy Zona Sul, Santa Teresa

This surge means that coffee prices across the board — from fancy beverages made from Arabica beans to robusta-fueled instant coffee — are almost sure to cost more for the everyday consumer. On Wednesday, the global benchmark for arabica coffee — March 2025 arabica coffee futures — ended 4.6% higher on the Intercontinental Exchange (ICE) at $3.2305 per pound, after hitting their highest level since 1977. Food giant Nestlé, the world's largest coffee maker, said last week that it will hike prices to deal with the rise in coffee prices. Coffee drinkers are already paying more: Data from the US Bureau of Labor Statistics show coffee prices for urban consumers rose sharply from July 2021 to February 2023. Speculators jumping into the coffee marketGiven the confluence of factors pushing up coffee prices, non-commercial speculators, such as funds, are joining the market.

Persons: arabica —, Jason Miller, Guilherme Morya, Morya, —, Christopher Tang, Tang, Donald Trump, Miller, Sucafina Organizations: Intercontinental Exchange, ICE, US Bureau of Labor Statistics, Michigan State University, Farmers, Reuters, Rabobank, Colombia —, UCLA, European Union, BMI Research, European Commission Locations: Brazil, Vietnam, Colombia, Honduras, Canada, Mexico, China, Trump's, Swiss

☆ A Gen Zer who used AI to apply for hundreds of roles says it helped him land a job
▼ + stars: | 2024-11-27 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

AdvertisementA 28-year-old used an AI tool called AIHawk to apply for hundreds of jobs on LinkedIn. Using AI tools during the application process comes with risks. AIHawk automates the application process for LinkedIn's easy-apply jobs — which pulls info from a user's profile to fill in an application. AIHawk is one of many AI job application tools on the market. Did an AI job tool help you land a job recently?

Persons: AIHawk, Guilherme, Federico Elia, I'd Organizations: LinkedIn, Business Locations: Brazil

☆ Reddit targets international users for ad growth, teases bolstered search feature
▼ + stars: | 2024-11-27 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

In a wide-ranging interview, Jen Wong, chief operating officer of Reddit, said other platforms have 80% to 90% of users outside of the U.S. while about half of her company's current users are based internationally. "The opportunity, the way I think about it, is every language is an opportunity for another Reddit." India opportunityAmong the company's fastest-growing markets in terms of users is the U.K., the Philippines, India and Brazil. Advertising opportunityGrowth in markets like India can propel Reddit to boost ad revenue, its main source of income. This has not yet happened in many markets, but Reddit is keeping an eye on many of its fastest growing countries, Wong said.

Persons: Jakub Porzycki, Jen Wong, Reddit, Wong Organizations: Nurphoto, Getty, CNBC Locations: U.S, India, Brazil, Philippines

☆ Why Trump’s proposed tariffs may be bad news for China and Asia
▼ + stars: | 2024-11-27 | by ( Rosa Deacostanoya | Rosa De Acosta | ) edition.cnn.com time to read: +3 min

In 2023, the US was South Korea’s second-largest export market after China, with $116 billion of goods traded. But Trump’s planned tariffs on Chinese goods could also benefit some countries in Southeast Asia as factories may relocate from China to other places in the region. Shoe seller Steve Madden announced earlier this month that it will halve its Chinese production to avoid Trump’s tariffs, and it will be sourcing from Cambodia, Vietnam, Mexico and Brazil, among other countries. In 2023, the US was the number one recipient of exports from China, Vietnam, Thailand, India and Japan. In the first nine months of 2024, the United States’ largest trade deficit was with China.

Persons: Donald Trump, Steve Madden, Trump, ”, Philip Daniele, — CNN’s Rachel Wilson Organizations: Hong Kong CNN —, Malaysia, US Locations: Hong Kong, Mexico, Canada, China, United States, Asia, South, Southeast Asia, Cambodia, Vietnam, Brazil, Thailand, India, Japan, South Korea, Indonesia, Singapore

Amazon workers in more than 20 countries, including the United States and the United Kingdom, plan to hold protests or go on strike between Black Friday and Cyber Monday, two of the marquee shopping promotions of the year, according to organizers. ‘Make Amazon Pay Day’ is becoming a global act of resistance against Amazon’s abuse of power,” said Christy Hoffman, general secretary of UNI Global Union. In at least six German towns, thousands of Amazon workers are set to strike. In New Delhi, hundreds of Amazon workers are expected to rally to demand fair treatment. “Amazon is everywhere, but so are we,” said Varsha Gandikota-Nellutla, co-general coordinator of Progressive International.

Persons: ”, Christy Hoffman, Eileen Hards, we’re, Jeff Bezos, Varsha Organizations: Black, UNI Global Union, Progressive, International Labour Organization, United, Seattle, Progressive International, “ Locations: United States, United Kingdom, Switzerland, U.S, Germany, France, Japan, Brazil, Turkey, New Delhi, United Nations, Staten Island , New York, Alabama, New York, Spain, Italy

☆ Dozens of audios reveal high-ranking Brazilian officers pressured Bolsonaro to stage a coup
▼ + stars: | 2024-11-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

The audios are not directly related to the Nov. 21 formal accusation by Brazil’s police that Bolsonaro and 36 others attempted to stage a coup. In a voice message to Gen. Fernandes, Col. Reginaldo Vieira de Abreu used an expression frequently repeated by Bolsonaro to argue the country’s constitution should be ignored. In an audio from Dec. 8, Bolsonaro’s aide-de-camp, Lt. Col. Mauro Cid, is heard telling Gen. Fernandes that time was running out to keep his boss in office. He waits, waits, waits, waits to see where it is going. We have popular support.”Thousands of Bolsonaro followers camped outside army facilities to pressure military leaders to side with the then-president.

Persons: Jair Bolsonaro, Luiz Inácio Lula da Silva, Alexandre de Moraes, Lula, —, de Moraes, de Moraes ’, Roberto Raimundo Criscuoli, Mario Fernandes, ” Criscuoli, “, Bolsonaro, Fernandes, Reginaldo Vieira de Abreu, ”, Bolsonaro’s, Col, Mauro Cid, Gen, ” Cid, ” De Moraes ’, Cid, Walter Braga Netto Organizations: Federal Police, Associated Press, United, Bolsonaro’s, Media Locations: Brasilia, Audios

☆ ‘Ernest Cole: Lost and Found’: The anti-apartheid photographer who turned his lens on Black America
▼ + stars: | 2024-11-26 | by ( Thomas Page | ) edition.cnn.com time to read: +10 min

“He left South Africa and resettled in the United States in 1966,” it ends, before listing his survivors. The image, taken by South African photographer Ernest Cole, is one of thousands taken during his time in exile in the United States. Not looking for an impression but authenticity, he cast the American actor over a South African. Courtesy Magnolia PicturesIn the film, Cole despairs, “exile is destroying us one by one.”“You leave your country heartbroken,” the director said. Inside were around 60,000 Cole negatives, spanning South Africa and the US, plus his notes and contact sheets.

Persons: Ernest Cole, Cole, Nelson Mandela, Cole’s, “, ”, Muhammad, Raoul Peck, LaKeith Stanfield, “ Ernest Cole, Peck, James Baldwin, Patrice Lumumba, ‘, Stanfield, it’s, Magnolia Pictures Cole, Jim Crow, ” Peck bristled, It’s, ” –, Hébert B, Peck – “, Cole despairs, I’ve, Leslie Matlaisane, Ernest Cole Family, SEB, — Organizations: CNN, New York Times, “, Islam, Cannes Film, Aperture, Democratic, Magnolia, Magnolia Pictures, Ford Foundation, Liberal, ANC, African National Congress, SWAPO, Ernest Cole Family Trust Locations: Manhattan , New York, South Africa, South, United States, New York City, African, Haitian, American, Democratic Republic of Congo, DRC, Pretoria, New York, Harlem, Black America, Haiti, France, Berlin, Brazil, Nicaragua, —, York City, “, Africa, Sweden, America, Swedish, ”

☆ Opinion | Jack Smith and the Dismissal of Cases Against Trump
▼ + stars: | 2024-11-26 | by ( ) www.nytimes.com time to read: +1 min

Mr. Trump was indicted for aiding a possible coup and multiple other charges, including revealing classified documents to his supporters at Mar-a-Lago. Is that weaponizing our justice system, or allowing it to do its job, regardless of the consequences? Jair Bolsonaro, Brazil’s former president, was just charged with inciting Brazil’s attempted coup when he lost his re-election bid in 2022. It seems Brazil’s justice system is more capable of upholding its laws than ours is. I am now totally disgusted with my country and the judicial system over the Donald Trump legal fiasco.

Persons: Donald Trump, Trump, Brazil’s, Harlan Green Organizations: U.S, Trump, Justice Department, Mr, Mar, Harlan Green Santa Locations: Harlan Green Santa Barbara, Calif

☆ Alyssa Naeher: USWNT goalkeeper announces retirement from international soccer
▼ + stars: | 2024-11-26 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Long-time US Women’s National Team (USWNT) goalkeeper Alyssa Naeher has announced that she will soon be retiring from international soccer. Human being and player!”Naeher has made 113 appearances for the USWNT, the third-most for a goalkeeper behind Hope Solo and Briana Scurry. She was the backup to Solo during the team’s 2015 Women’s World Cup victory and then played every minute of the title defense four years later, conceding only three goals during the tournament. Naeher makes a save during the 2019 Women's World Cup semifinal. Naeher also produced a heroic shootout performance against Canada in the semifinals of this year’s W Gold Cup, saving three penalties and scoring her own.

Persons: CNN —, Alyssa Naeher, “, Sofia Huerta, Crystal Dunn, ” Naeher, Hope, Elsa, Naeher, Lina Hurtig’s, ” Organizations: CNN, Women’s National, England, US, Tokyo, Canada, Sweden, Chicago Red Stars Locations: Europe, Netherlands, Brazil

☆ How Bluesky rose out of Twitter's ashes to challenge X and Threads
▼ + stars: | 2024-11-26 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

And while these larger social media platforms still dwarf Bluesky, the startup now has more than 22 million users and is not showing any signs of slowing down. Bluesky had experienced a previous surge in July 2023 after X, then still named Twitter, temporarily limited the number of posts users could read per day. Just days before Musk officially took over Twitter, the Bluesky team publicly unveiled more details about their project and rolled out a waitlist for the Bluesky app. Despite Bluesky starting as a side project within Twitter, the startup has lost its last connection to the original micro-blogging app. Bluesky is looking for ways to support the users "who are actually the ones making the network awesome and fun," Wang said.

Persons: Rose Wang, Elon Musk's, Bluesky, Wang, David Carr, Carr, Jay Graber, Jack Dorsey, Jay, Graber, Daniel Holmgren, Paul Frazee, Dorsey, Parag Agrawal, Musk, Nostr, Jack, we're, Mark Zuckerberg, Jack Johnston, Johnston, Gen, That's, It's, Similarweb's Carr Organizations: Twitter, CNBC, Brazilian Supreme, Google, Yahoo, Myspace, Facebook, Anthropic, Delaware State, PBLLC, Bluesky, Blockchain Capital, Blockchain, cryptocurrency Locations: Brazil, San Francisco

☆ Contentious COP29 deal shows climate cooperation fraying at edges
▼ + stars: | 2024-11-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +7 min

When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on Sunday morning, hoping to clinch a hard-fought agreement on global climate finance, he carried with him two speeches. Expectations for a deal were depressed by worries of a looming U.S. withdrawal from global climate cooperation, geopolitical turmoil, and a rise of isolationist politics that had shunted climate change off much of the world’s top priorities list. An activist holds a globe balloon during a protest at the COP29 United Nations climate change conference, in Baku, Azerbaijan, on Nov. 21. That made getting a bigger climate finance number hard, observers to the talks said. “Even maintaining climate finance at current levels in the current political environment is a huge fight,” said Joe Thwaites, senior advocate on international climate finance at the Natural Resources Defense Council, an environmental group.

Persons: Mukhtar Babayev, —, Babayev, Maxim Shemetov, ”, Eliot Whittington, Jiwoh Abdulai, Donald Trump, “, Dion George, Trump, Joe Thwaites, ” Tina Stege, Chandni Raina, Oscar Sorria Organizations: Reuters, COP29, Cambridge Institute for Sustainability Leadership, Sierra Leone Environment, Trump, United, African Environment, Natural Resources Defense Council, Marshall, Babayev, COP30, Initiative Locations: Baku, Azerbaijan, U.S, Nations, Brazil, Belem —, Sierra Leone, United States, Paris, Ukraine, Belem

☆ The UN climate summit ended in bitterness and accusations of betrayal. Now fears are growing for its future
▼ + stars: | 2024-11-25 | by ( Laura Paddison | ) edition.cnn.com time to read: +6 min

“The dismal outcomes of COP29 … have raised serious concerns about the integrity of the global climate negotiation process,” said Harjeet Singh, of the Fossil Fuel Treaty Initiative. Fossil fuel interests unleashedCOP climate summits are always painstaking and fraught. More than 1,700 fossil fuel industry players and lobbyists registered to attend the summit, heavily outnumbering most country delegations. Climate groups compared the final deal to a band-aid on a bullet wound, and developing countries reacted with fury. Billed as the most important climate summit since Paris, it’s here countries will set out their climate plans for the next 10 years.

Persons: Ilham Aliyev, Rich, ”, Harjeet Singh, Payam Akhavan, COP29, Mukhtar Babayev, Maxim Shemetov, Donald Trump, “, Margaretha Wewerinke, Singh, Akhavan, populists, Friederike Otto, ” CNN’s Ella Nilsen Organizations: CNN, United Nations, Union, COP29 United, Change, Imperial College London, Putin, Co Locations: Baku, Azerbaijan, COP29, US, Paris, Small, States, Russia, Argentina, petrostates, Saudi Arabia, Vanuatu, COP30, Brazil, it’s, petro

☆ An American Airlines passenger was taken to hospital after severe turbulence caused a 4-hour flight to nowhere
▼ + stars: | 2024-11-25 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

AdvertisementAn American Airlines flight returned to São Paulo after turbulence injured a passenger. An American Airlines passenger was taken to hospital after their flight encountered turbulence. Data from Flightradar24 shows that Saturday's Flight 930 from São Paulo to Miami U-turned less than two hours after taking off. Related Video Severe turbulence launches passengers to the ceiling of Singapore Airline flightAn airline spokesperson confirmed to Business Insider that the flight landed safely back in São Paulo "after encountering turbulence while in flight." A Singapore Airlines passenger died, and dozens more were injured during severe turbulence in May.

Persons: São Paulo Organizations: American Airlines, Singapore Airline, Business, Boeing, Aviation Herald, Singapore Airlines, Korean, University of Reading Locations: Miami, Singapore, São, Brazil

☆ Max Verstappen clinches fourth F1 championship as George Russell wins Las Vegas GP
▼ + stars: | 2024-11-24 | by ( Madeline Coleman | ) www.nytimes.com time to read: +6 min

LAS VEGAS — George Russell may have won the Las Vegas Grand Prix, with Lewis Hamilton beside him on the podium for a Mercedes 1-2 finish. In previous years, he won races by a significant margin, like a 33-second gap when he won the 2023 Hungarian Grand Prix. Verstappen’s resilience pays offVerstappen had to battle more later in the year, failing to win a grand prix in 10-race weekends. The U.S. Grand Prix saw Verstappen and Norris battle once again, going wheel-to-wheel and avoiding contact but not a penalty. Max Verstappen during the F1 Grand Prix of Las Vegas in Las Vegas, Nevada (Clive Mason/Getty Images)A championship decider under the lightsComing into the Las Vegas Grand Prix weekend, Norris seemed to accept his first F1 title fight may end in defeat would happen Saturday evening.

Persons: George Russell, Lewis Hamilton, Max Verstappen, Verstappen, Mercedes ’ Toto Wolff, Max, ”, Wolff, that’s, Mercedes, McLaren’s Lando Norris, Norris, McLaren, “, ” McLaren, São Paulo, Bull, Clive Mason, Oscar Piastri, Charles Leclerc, Pierre Gasly, Carlos Sainz, Leclerc, Sainz, Ferrari wasn’t, Gianpiero, Ferrari, Lando Norris, Nico Hulkenberg, Haas, Yuki Tsunoda, Sergio Perez, Red, Mark Thompson Organizations: Tire, LAS VEGAS, Las Vegas, Ferrari, Briton, Miami, McLaren, U.S, Verstappen, Las, Getty, “ Locations: Brazil, Austria, Singapore, Mexico, Las Vegas, Las Vegas , Nevada, Piastri

☆ Verstappen captures 4th F1 championship after Mercedes sweep of Las Vegas Grand Prix
▼ + stars: | 2024-11-24 | by ( ) www.cnbc.com time to read: +7 min

2024 F1 World Drivers Champion Max Verstappen of the Netherlands and Oracle Red Bull Racing celebrates in parc ferme during the F1 Grand Prix of Las Vegas at Las Vegas Strip Circuit on November 23, 2024 in Las Vegas, Nevada. Max Verstappen cruised to a fourth consecutive Formula 1 championship on Saturday night by finishing fifth in the Las Vegas Grand Prix. The Dutchman started fifth but was already up to second by the 10th lap around the street circuit that includes the famed Las Vegas Strip. Verstappen asked at the Bellagio what time it was, noting he was in Las Vegas and "I'm very thirsty." The trio of races in Miami; Austin, Texas; and Las Vegas are more than any other country.

Persons: Max Verstappen, Verstappen, Lando Norris, McLaren, Red Bull, Norris, Christian Horner, George Russell, Lewis Hamilton, Hamilton, Sylvester Stallone, Carlos Sainz Jr, Charles Leclerc, Oscar Piastri, Max, he's, Verstappen's, Terry Crews, Russell, he'd, Crews, Verstappen wasn't, Sainz, Leclerc, Sebastian Vettel, Sainz's, Vegas, Michael Andretti, Andretti, Dan Towriss, Mark Walter Organizations: Oracle Red Bull, Las Vegas, Circuit, Red, Ferrari, McLaren, Bellagio, Sainz's Ferrari, General Motors, Los Angeles Dodgers, Cadillac F1, Liberty Media Locations: Netherlands, parc ferme, Las Vegas , Nevada, Brazil, Abu Dhabi, Qatar, Las Vegas, United States, Miami, Austin , Texas, Vegas, American, Indiana

☆ How Max Verstappen can become a four-time F1 world champion at the Las Vegas Grand Prix
▼ + stars: | 2024-11-23 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +5 min

CNN —Max Verstappen has the chance to add to one of the most entertaining Formula One seasons in recent memory by becoming a four-time World Drivers’ Champion at the Las Vegas Grand Prix. How to watch the Las Vegas Grand PrixThe 22nd race of the 2024 season gets underway at 10 p.m. PT on Saturday/1 a.m. Norris needs to outscore Verstappen by at least three points to extend his challenge to next week’s penultimate race in Qatar. If both fail to score points, Verstappen will be crowned champion. “I just want to focus on the weekend and try to have a good performance,” the 27-year-old said ahead of the race weekend.

Persons: Max Verstappen, McLaren’s Lando Norris, George Russell, Ferrari’s Carlos Sainz, Pierre Gasly, Charles Leclerc, Verstappen, Norris, Lewis Hamilton, Rick Scuteri, McLaren, Oscar Piastri, Ferrari’s Sainz, Leclerc, Russell, Hamilton, –, Red Bull, “, you’re, ”, Brit, ” Verstappen, Mark Sutton, Max Organizations: CNN, Las Vegas, Brit, ESPN, International, Red Bull, Austrian, “, McLaren, Getty, we’ve, Constructors, Ferrari Locations: British, Sin City, Qatar, Spain, Vegas, Miami –, “ Brazil

☆ Orlando Pride, Marta win first NWSL championship thanks to a goal from Barbra Banda
▼ + stars: | 2024-11-23 | by ( Jeff Rueter | ) www.nytimes.com time to read: +5 min

In a season full of worthy contenders, it was the league leader Orlando Pride who took home the top prize. Forward Barbra Banda, who has led the team for much of the season, scored the game’s lone goal. The final also marked Marta’s first NWSL championship win. “I’ve asked myself why I still play for Orlando after eight years,” Marta told CBS Sports. Barbra Banda scores the opening goal in the #NWSLChampionship pic.twitter.com/5oK0B1h50m — National Women’s Soccer League (@NWSL) November 24, 2024On the night, Banda’s greatness made all the difference.

Persons: Orlando Pride, Barbra Banda, “ I’ve, ” Marta, “, I’ve, Orlando, Banda, Aubrey Kingsbury, parry, Angelina, Leicy Santos, Marta, Alex Morgan, Ali Krieger, Sydney Leroux, Seb Hines, Hines —, Jamie Squire Organizations: Orlando, CBS Sports, Washington, Women’s Soccer League, Brazil, Angelina, Orlando Pride, Zambian, United States, Pride, MLS, Orlando City, USL Locations: Zambia, Kansas City, Kingsbury, Orlando, Orlando City, American

LAS VEGAS — Max Verstappen is hoping that what happens in Vegas won't just stay in Vegas — it will go down in the history books. Verstappen, 27, of the Netherlands, can secure the trophy by finishing the 50-lap race ahead of his sole championship rival, Lando Norris. Norris needs to outscore Verstappen by at least 3 points to keep his title hopes alive, although they would be slim regardless. No other driver is mathematically in contention for the championship with three races left in the season. McLaren hopes to secure its first constructors championship since 1998, when Finnish driver Mika Häkkinen won the drivers championship with the now papaya-colored team.

Persons: Max Verstappen, Michael Schumacher, Lewis Hamilton, Sebastian Vettel, Alain Prost, Juan Manuel Fangio, Verstappen, Lando Norris, McLaren’s Norris, Norris, ” Verstappen, Mark Thompson, Red Bull, McLaren, Mika Häkkinen, Oscar Piastri, Ferrari’s Charles Leclerc, Carlos Sainz, Sergio Perez, Verstappen’s, Alpine’s Esteban Ocon, “, ” Norris, ” Andrea Kimi Antonelli, Jack Doohan, Oliver Bearman, Gabriel Bortoleto, Mercedes, Andrea Kimi Antonelli, Haas, Liam Lawson, Daniel Ricciardo, ” Lawson, I’ve, ” Liam Lawson, Rudy Carezzevoli, Lawson Organizations: VEGAS, McLaren, Ferrari, Hamilton, Silver Arrows, Sauber, Audi, RB, NBC Locations: Vegas, Netherlands, Las Vegas, Finnish, Woking, Brazil, São Paulo

☆ Dollar hugs 13-month peak as market awaits next Fed cue
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: +4 min

Global PMIs are due later in the day, although those figures should not "change the dial too much," said Tony Sycamore, market analyst at IG. Recent comments from Fed officials, including Chair Jerome Powell, have indicated the central bank may take a slower course in its rate cut path. Among Trump policies on weighing on investors' minds were the president-elect's campaign pledges of tariffs, with Europe and China both likely in the firing line. The euro , which makes up a hefty portion of the dollar index, steadied at $1.0475 after falling to a 13-month low of $1.0461 on Thursday. The dollar was last down 0.17% on the day at 154.27 yen.

Persons: Tony Sycamore, It's, it's, Sycamore, Donald Trump's, Jerome Powell, CME's, Trump, Sterling, Bitcoin, Marcel Thieliant, Kazuo Ueda Organizations: The U.S, greenback, Bank of Japan's, Global, IG, U.S, PCE, Trump, Capital Economics Locations: Rio de Janeiro, Brazil, The, Europe, China, Russia, Ukraine, Germany, Asia

Jair Bolsonaro, the former president of Brazil, was one of 37 people the country’s federal police recommended for charges that include attempted coup d’état after the 2022 election that Bolsonaro lost. In a statement from Brazil's federal police, Bolsonaro and others are accused of violent abolition of the Democratic state of law, coup d’état and being a criminal organization. Once police present their report to Brazil’s Supreme Court, the office of the prosecutor general will decide whether to press charges against Bolsonaro and any former aides implicated. Senior members of Bolsonaro’s government were named by police, including his 2022 running mate, retired General Walter Braga Netto, who was defense minister, and retired General Augusto Heleno, who was national security adviser. Bolsonaro never recognized his October 2022 electoral defeat and he left Brazil days before Lula’s inauguration.

Persons: Jair Bolsonaro, Bolsonaro, d’état, Luiz Inacio Lula da Silva, Lula, Walter Braga Netto, Augusto Heleno Organizations: Democratic, Bolsonaro Locations: Brazil, Brasilia

☆ Bluesky CEO Jay Graber says X rival is 'billionaire proof'
▼ + stars: | 2024-11-21 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

But CEO Jay Graber has some cautionary words for potential acquirers: Bluesky is "billionaire proof." Graber was referring to the way millions of users left Twitter, now X, after Elon Musk purchased the company in 2022. Bluesky now has over of 21 million users, still dwarfed by X and Threads, which Facebook's parent debuted in July 2023. Threads has roughly 275 million monthly users, Meta CEO Mark Zuckerberg said in October. Although Musk said in May that X has 600 million monthly users, market intelligence firm Sensor Tower estimates 318 million monthly users as of October.

Persons: Bluesky, Elon Musk's, Jay Graber, CNBC's, Graber, Elon Musk, Meta didn't, Mark Zuckerberg, Musk, Jack Dorsey's, Dorsey, Jack, we're, we've, that's, Nobody's, algorithmically, We're, That's, Trump Organizations: Twitter, Elon, Meta, Blockchain Capital Locations: Brazil

☆ Brazil ex-President Jair Bolsonaro indicted over alleged knowledge of coup plot
▼ + stars: | 2024-11-21 | by ( Jennifer Hauser | Julia Vargas Jones | ) edition.cnn.com time to read: +2 min

CNN —Brazilian authorities have indicted ex-president Jair Bolsonaro, accusing him of “full knowledge” of a 2022 plot to kill his successor, Luiz Inácio Lula da Silva, and overturn the results of the presidential election. On Thursday, Brazil’s federal police indicted 37 individuals including Bolsonaro, as part of the investigation into the fallout of the 2022 presidential elections, in which Bolsonaro’s bid for reelection was defeated, CNN Brasil reports. Police reportedly allege that Bolsonaro had “full knowledge” of a plan to prevent Lula and his government from taking office after his election victory. Earlier this week, Brazilian police arrested five people, including a former adviser to Bolsonaro, over the alleged plots. In October 2022, Lula narrowly beat Bolsonaro in the presidential election.

Persons: Jair Bolsonaro, Luiz Inácio Lula da Silva, Bolsonaro, Lula, Lula’s, Geraldo Alckmin, Alexandre de Moraes, Moraes, Mário Fernandes –, Bolsonaro’s, Flavio Bolsonaro, ” Organizations: CNN, CNN Brasil, Police, Supreme, Brazilian Locations: Brasilia

☆ U.N. Watchdog Censures Iran Over Nuclear Program Secrecy
▼ + stars: | 2024-11-21 | by ( Steven Erlanger | ) www.nytimes.com time to read: +1 min

The United Nations’ nuclear watchdog agency censured Iran on Thursday evening for failing to cooperate fully with the agency’s monitoring and inspection, as the country is obligated to do under the Nuclear Nonproliferation Treaty. The censure by the International Atomic Energy Agency could lead to penalties against Iran, including renewed economic sanctions. The agency’s Board of Governors voted 19 to 3, with 12 abstentions, for the censure, despite intensive lobbying by Iran and its foreign minister, Abbas Araghchi. The three votes against were cast by Russia, China and Burkina Faso. Mr. Araghchi promised that Iran would retaliate if the resolution passed, most likely choosing to accelerate its enrichment of uranium to levels close to bomb grade, rather than putting a cap on that enrichment.

Persons: Abbas Araghchi, Araghchi Organizations: United Nations, International Atomic Energy Agency, Iran, Governors Locations: Iran, Brazil, South Africa, Bangladesh, Algeria, Burkina Faso, Pakistan, Britain, France, Germany, United States, Russia, China

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