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☆ Elon Musk is looking for trillions in government waste, and defense is a massive potential target
▼ + stars: | 2024-11-16 | by ( Jake Epstein | Grace Kay | ) www.businessinsider.com time to read: +10 min

President-elect Donald Trump has tapped Elon Musk to help spearhead cuts to government spending, and the defense sector could be a prime target. But Musk's past comments hint at one area he could target: defense contracts. Musk built SpaceX's business model around fixed-price contracts. Musk's new initiative could recommend exactly this: a move away from cost-plus contracts toward fixed-price contracts. An aerial view of the Pentagon AP Photo/Patrick Semansky, FileMusk's new initiative may target other areas of Pentagon spending, as well.

Persons: Donald Trump, Elon, Elon Musk, It's, Trump, Musk, Julia Demaree Nikhinson, Clayton Swope, Walter Isaacson's, Swope, John Raoux Overspending, Gerald R, Mike Gallagher, Gallagher, Ford, Steve Helber, Bryan McGrath, Todd Harrison, —, Harrison, Michael Bohnert, they've, Archer Macy, Patrick Semansky, John Harvey Jr, Mississippi Sen, Roger Wicker Organizations: Defense, Pentagon, Department of Government, SpaceX, NASA, AP, Center for Strategic, International Studies, Services, International Space, Kennedy Space Center, Littoral, Ford, DoD, Republican, Palantir Technologies, Newport News Shipbuilding, American Enterprise Institute, Shipbuilding, BAE Systems, RAND Corporation, CSIS, US Air Force, Navy, Senate Armed Services Committee Locations: Pennsylvania, Columbia, China, Wisconsin, Virginia, Mississippi

☆ UniCredit and Commerzbank square off with target hikes amid takeover battle
▼ + stars: | 2024-11-06 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt. Daniel Roland | Afp | Getty ImagesTwo months since UniCredit played its opening move to woo German lender Commerzbank , the lenders flaunted their financial strength as one of Europe's largest banking mergers still hangs in balance. Both banks reported third-quarter results on Wednesday, with UniCredit posting an 8% year-on-year hike in net profit to 2.5 billion euros ($2.25 billion), compared with a Reuters-reported 2.27-billion euro forecast. It raised its full-year net profit guidance to above 9 billion euros, from a previous outlook of 8.5 billion euros. When the Italian lender showed its hand by using derivatives to build a potential 21% stake in Commerzbank, the German lender appointed a new CEO and sharpened its financial targets.

Persons: Daniel Roland, UniCredit, Commerzbank, CNBC's Annette Weisbach, Bettina Orlopp, Orlopp, Chancellor Olaf Scholz, waylay, Let's, hadn't, Andrea Orcel, CNBC's Charlotte Reed Organizations: Afp, Getty, Reuters, CNBC, Wednesday, German Ministry of Finance Locations: Frankfurt, Europe, Commerzbank, Berlin

☆ Israel’s strikes on Iran shattered a forty-year taboo. Tehran may now be forced to rethink its defense strategy
▼ + stars: | 2024-10-29 | by ( Mostafa Salem | ) edition.cnn.com time to read: +7 min

Israel openly said it conducted “precise strikes” on military targets in Iran. “Israel now has broader aerial freedom of operation in Iran,” Israel’s military spokesman Daniel Hagari said, touting achievements in the attack. The idea was that if Israel were to strike Iran, Tehran would retaliate by unleashing its militias against Israel. Iranian officials have repeatedly stated that they have no intention of weaponizing the country’s nuclear program, while simultaneously using its potential as leverage in negotiations with the West. “Even the more hawkish American presidents have not favored taking military strikes because the most likely outcome is that, at some point, that will make Iran turn nuclear,” Parsi said.

Persons: CNN —, Israel, Israel didn’t, “, ”, Daniel Hagari, Ayatollah Ali Khamenei, Benjamin Netanyahu, Nicole Grajewski, Hassan Nasrallah, ” Mohammad Ali Shabani, Amwaj.media, Trump, Fatemeh, Parsi, Grajewski Organizations: CNN, Schools, Iran’s, Quincy Institute, Responsible, Nuclear, Carnegie Endowment, International Peace, Israel, West, Bushehr Nuclear Power, Anadolu Agency, Getty Locations: CNN — Iran, Republic, Israel, Iran, Islamic Republic, Israeli, Damascus, “ Israel, Tehran, Washington, Syria, Israel’s, Gaza, Lebanon, London, Iraq, Bushehr

☆ As North Korea, Iran and China support Russia’s war, is a ‘new axis’ emerging?
▼ + stars: | 2024-10-24 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +11 min

The remains of an unidentified missile, which Ukrainian authorities claimed to be made in North Korea, is seen at a site of a Russian strike in Kharkiv, Ukraine on January 2. China, Russia and Iran have also held four joint naval drills since 2019, and China is by far Iran’s largest energy buyer. Beijing also carefully manages its relationship with North Korea – which is almost wholly economically and diplomatically dependent on China. “Russia, North Korea, Iran is the type of grouping that China least wants to openly associate itself with,” said Tong Zhao, a senior fellow at the Carnegie Endowment for International Peace. An Iranian military boat patrols ahead of the start of a joint naval drill of Iran, Russia and China in the Indian Ocean in May.

Persons: They’ve, Lloyd Austin, George W, Bush’s, ”, Kim Jong, Kim, there’s, what’s, Bashar al, Assad, Israel –, Xi Jinping, Putin, Alex Gabuev, Sofiia Gatilova, Xi, Loup, “, Tong Zhao, Zhao, Sydney Seiler Organizations: Hong Kong CNN, Korean, Moscow’s, US, North, West, Carnegie Russia Eurasia Center, China’s, National University of Singapore’s Middle East Institute, Carnegie Endowment, International Peace, Iranian Army, AP, UN, National Defense Strategy, NATO, Center for Strategic, International Studies Locations: Hong Kong, Russia, Ukraine, United States, Tehran, China, Iran, North Korea, Washington, Europe, Pacific, Nazi Germany, Fascist Italy, Imperial Japan, Iraq, South Korea, Pyongyang, Syria, Beijing, Moscow, Berlin, Kharkiv, Kazan, Israel, Jean, South, Taiwan, “ Russia, ”, Iranian, Asia, Australia, Japan, New Zealand, North Asia, Sydney

☆ Japanese warplanes use flares to warn a Russian Il-38 spy plane to leave airspace
▼ + stars: | 2024-09-23 | by ( Story Associated Press | ) edition.cnn.com time to read: +2 min

Tokyo, Japan (AP) — Japan said its warplanes used flares to warn a Russian reconnaissance aircraft to leave northern Japanese airspace on Monday. It came a day after a joint fleet of Chinese and Russian warships sailed around Japanese northern coasts. Earlier in September, Russian military aircraft flew around southern Japanese airspace. The Chinese aircraft carrier Liaoning, accompanied by two destroyers, sailed between Japan’s westernmost island of Yonaguni and nearby Iriomote, entering close to Japan’s waters. According to Japan’s military, it scrambled jets nearly 669 times between April 2023 and March 2024, about 70% of the time against Chinese military aircraft, though that did not include airspace violations.

Persons: —, Minoru Kihara, Kihara, ” Kihara, Japan “, ” Organizations: Japanese, Russian, Soviet Union Locations: Tokyo, Japan, — Japan, Russian, Hokkaido, Russia, China, Liaoning, Japan’s, Yonaguni, Iriomote

☆ How the Sean ‘Diddy’ Combs indictment compares to the R. Kelly sexual abuse cases
▼ + stars: | 2024-09-21 | by ( Dakin Andone | ) edition.cnn.com time to read: +9 min

Combs, meanwhile, was indicted in the Southern District of New York on three counts: racketeering conspiracy, sex trafficking and transportation to engage in prostitution. Members of the enterprise also witnessed acts of violence by Combs against the victims, it says. It was unclear whether Ventura reported any of the allegations of abuse to police and a federal lawsuit was later settled. Court sketch of Sean "Diddy" Combs in federal appeals court Wednesday, Sept 18., presided over by Judge Andrew Carter. The indictment against Combs outlines a number of alleged victims, women and sex workers among them, but does not say how many there are.

Persons: Sean “ Diddy ” Combs, Robert Sylvester Kelly, Combs, ”, Nadia Shihata, Kelly, ” Kelly, –, ” Robert Sylvester Kelly, Ann M, Donnelly, Christine Cornell, John Miller, ” Miller, ” Combs, Neama Rahmani, Casandra, Cassie ” Ventura, Ventura, ” Rahmani, Sean, Diddy, Judge Andrew Carter, ” “ He’s, ” CNN’s Eric Levenson contirbuted Organizations: CNN, of, of Illinois, Areva Martin, United States, Intelligence, Homeland Security Investigations, Southern District, of New York, West Locations: New York City, Eastern, of New York, York, Southern, New York, Illinois

☆ What buying Commerzbank would mean for UniCredit — and the banking sector
▼ + stars: | 2024-09-19 | by ( April Roach | ) www.cnbc.com time to read: +7 min

Last week, UniCredit announced it had taken a 9% stake in Commerzbank, confirming that half of this shareholding was acquired from the government. Commerzbank shares jumped 20% on the day UniCredit's stake was announced. A cross-border styled merger between UniCredit and Commerzbank would be more preferential than a domestic merger between Deutsche Bank and Commerzbank, according to Reint Gropp, president of the Hall Institute for Economic Research. "The German banking structure is long overdue for a consolidation process. The German bank also has less excess capital than UniCredit and therefore "cannot really afford" a takeover, Alloatti said.

Persons: Kirill Kudryavtsev, UniCredit, Andrea Orcel, Commerzbank, Orcel, Ignacio Cerezo, Berenberg, David Benamou, Benamou, CNBC's, Arnaud Journois, Journois, Emmanuel Macron, Reint Gropp, Gropp, Filippo Alloatti, Hermes, Alloatti, We've Organizations: Afp, Getty, Bloomberg, Reuters, UniCredit, Wednesday, UBS, Investments, European, Morningstar, Commerzbank, Analysts, CNBC, Deutsche Bank, Hall Institute for Economic Research, Will Deutsche Bank, ABN Amro Locations: Frankfurt, Germany, Commerzbank, Berlin, Italian, U.S, Europe, UniCredit, Italy

☆ Land Forces, Melbourne: Protesters clash with police at Australia defense show
▼ + stars: | 2024-09-11 | by ( Lex Harvey | ) edition.cnn.com time to read: +5 min

Police officers struggled to control the crowd of around 1,200 people who tried to block attendees from entering the Land Forces international exposition in downtown Melbourne. Some of the protesters threw horse manure, rocks, and fruit at police, according to Victoria Police and media reports. Fire burns ahead of a Victoria Police riot squad line during a rally against the Land Forces International Land Defense Exposition in Melbourne, Australia September 11, 2024. Protesters confront police outside the Land Forces 2024 arms fair in Melbourne on September 11, 2024. They’ve got a job to do and our police officers should be respected at all times,” Albanese told CNN affiliate Channel 7.

Persons: Joel Carrett, Natalie Farah, Israel, ” Jacinta Allan, “ They’re, ” Allan, “, William West, Anthony Albanese, you’re, They’ve, ” Albanese, Bec Shrimpton, ” Shrimpton, Gabrielle de Vietri, ” de Vietri Organizations: CNN, Police, Land Forces, Victoria Police, Land Forces International Land Defense, Reuters, International Court of Justice, ABC, Protesters, Forces, Getty Images, ABC Radio National, Australian Strategic Policy Institute, Victorian Greens Locations: Australia, Melbourne, Israel, Gaza, Palestine, South Africa, Victoria, AFP

☆ Ukraine started this year on the brink of disaster. A lot has changed since.
▼ + stars: | 2024-09-09 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +9 min

Getting F-16s and long-awaited weaponsDelays in getting Western equipment have long been a source of frustration for Ukraine. Western allies lifted some restrictions in May, allowing Ukraine to strike Russian troops building up at its borders. AdvertisementTaking the war inside RussiaThe biggest change this year is that Ukraine altered the dynamics of the conflict by launching a surprise attack on Russia's Kursk region. In just two weeks, starting on August 6, Ukraine claims its forces took more territory in Kursk than Russia had since the beginning of 2024. Ukraine is "losing territory and may suffer a breakthrough," Benjamin Friedman, policy director at the Defense Priorities think tank, told BI.

Persons: —, Abishur Prakash, Volodymyr Zelenskyy, Zelenskyy, Volodymyr Zelenskyi, Vitalii, Mark Temnycky, it's, Gabrielius Landsbergis, Ukraine wouldn't, Mark Cancian, year's, Putin, Joe Biden, Benjamin Friedman, Michael Kofman, Rob Lee, Prakash Organizations: Service, Russia, Republican, Business, Inc, Reuters, Army Tactical Missile Systems, Getty, Council's Eurasia, Times, Institute for, American Enterprise, Air Assault Brigade, REUTERS, US Marine Corps, Center for Strategic, International Studies, CNN, Defense, Carnegie Endowment, International Peace, Foreign Policy Research Institute, Foreign, Kyiv Locations: Ukraine, Russia, Russian, Kursk, Toronto, Kharkiv, London, Russia's Kursk, Malaya Loknya, Kursk Region, REUTERS Russia, Kyiv

☆ Europe has shown it's less afraid of calling Putin's bluff than the US and getting Ukraine what it needs to fight Russia
▼ + stars: | 2024-07-19 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +15 min

Many European countries have also given more as a proportion of their GDP than the US has. AP Photo/Peter DejongIn early 2023, France became the first Western country to promise to send Ukraine Western armored combat vehicles. European countries have also led in letting Ukraine use Western weapons to hit military targets in Russia. But there are still hangups, and some European countries want partner support for Ukraine to go much further. He said that for most Americans, "if you ask them to name five European countries, they probably wouldn't be able to do it."

Persons: —, Vladimir Putin's, George Barros, Russia doesn't, Ukraine's, Joe Biden, Volodymyr Zelenskyy, Peter Dejong, Bradleys, Abrams, Davis Ellison, John Hamilton, Russia didn't, Ellison, Donald Trump, Mark Cancian, Kaja, Andrew Kravchenko Barros, Ingrida Šimonytė, Putin, Barros, It's, forwardness, Philip Ingram, Ingrida Simonyte, Denys Shmyhal, it's, Getty Images Ingram, Biden, JD Vance, it'll Organizations: Service, Kyiv, Business, High Mobility Artillery Rocket Systems, Mirage, AP, Ukraine Western, US, Army Tactical Missile Systems, Storm Shadows, The Hague, Strategic Studies, Army Tactical Missile, Russian, NATO, Marine, Center for Strategic, International Studies, Eastern, Estonia's, Lithuanian, REUTERS, British Army, Ukrainian Governmental Press Service, Anadolu, Getty Images, Republican, America, GOP, Ukraine, Prosecutor's, Getty, White Locations: Russia, Ukraine, Washington, Europe, United States, Russian, Denmark, Netherlands, Norway, Belgium, European, Sweden, France, Paris, Kharkiv, Poland, Germany, Zhytomyr, Kyiv, Borodianka, Ukraine's Kyiv, Ukrainian

☆ The Microsoft-CrowdStrike outage could spur a Big Tech trust reckoning and threaten tech giants' plans for AI
▼ + stars: | 2024-07-19 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

It also exposes the fragility of those systems and raises the question: Does Big Tech deserve our trust to properly safeguard a technology as powerful as AI? He said Big Tech companies evaluate systems based on if they work "pretty well most of the time," because there's a rush to get products to market. He said big tech companies should have alternative vendors and a multi-layered defense strategy. Big Tech companies, including Facebook, Amazon, and Google, saw the sharpest drop in trust, with an average decline in confidence ratings of 13% to 18%, according to Brookings. Big Tech companies have had "free rein," Patnaik said.

Persons: —, CrowdStrike, Gary Marcus, Marcus, John Schulman, Dan O'Dowd, there's, Javad Abed, Johns Hopkins, Abed, Sanjay Patnaik, Patnaik Organizations: Service, Big Tech, Tech, Business, Microsoft, Geometric Intelligence, Uber, Tesla's, BI, Companies, Google, Adobe, US Department of State, Johns, Carey Business School, Brookings Institution, Facebook Locations: Brookings

☆ A Senator’s Fate Is in a Jury’s Hands
▼ + stars: | 2024-07-12 | by ( Benjamin Weiser | Tracey Tully | ) www.nytimes.com time to read: +1 min

The Manhattan jury in Senator Robert Menendez’s corruption trial began its deliberations midday Friday on a raft of federal charges in what prosecutors describe as a complex and yearslong bribery conspiracy. A third-term Democrat who represents New Jersey, Mr. Menendez is accused of steering aid to Egypt, applying political pressure to preserve a friend’s business monopoly and meddling in criminal investigations in exchange for bribes of gold, cash and a Mercedes-Benz. On Thursday, Mr. Menendez, 70, seated at the defense table with his lawyers, leaned back in a chair, hands clasped on his lap, as a prosecutor offered an hourslong rebuttal to frequently impassioned closing arguments by lawyers for the senator and two businessmen, Wael Hana and Fred Daibes, who are being tried with him. In his rebuttal argument, the prosecutor, Daniel C. Richenthal, took direct aim at a pillar of the senator’s defense strategy — an effort to shift blame to his wife, Nadine Menendez, 57.

Persons: Robert Menendez’s, Menendez, clasped, Wael Hana, Fred Daibes, Daniel C, Nadine Menendez Organizations: Benz Locations: Manhattan, New Jersey, Egypt

☆ Russia's thwarting of precision Western weapons in Ukraine shows the value of things like old-fashioned, unguided artillery, European general says
▼ + stars: | 2024-07-11 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

Read previewRussia's thwarting of precision weapons provided to Ukraine by the West shows there are still use cases for unguided artillery in technologically advanced warfare, a Finnish general told The Wall Street Journal. Both Ukraine and Russia have engaged in electronic warfare. Lt. Gen. Esa Pulkkinen, the permanent secretary of Finland's defense ministry, told The Journal that electronic warfare has shown that there are still uses for less-advanced, unguided artillery shells. AdvertisementAccording to The New York Times, precision-guided weapons have been a large point of focus for the US's broader defense strategy, but in Ukraine, the war is largely fought with unguided artillery. As a result, the US and others in the West have ramped up production of unguided artillery shells.

Persons: —, they're, Esa Pulkkinen, Pulkkinen Organizations: Service, Wall Street, Russia, Business, Artillery, The New York Times, Pentagon Locations: Ukraine, Finnish, Russia, Swedish

☆ France's Macron wanted to leave his mark on Europe — he may have just ruined his legacy
▼ + stars: | 2024-07-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

He's credited with creating the European Political Community, bringing leaders from across 50 states in the region to discuss shared challenges and to coordinate joint responses. For now, Macron has rejected his current Prime Minister Gabriel Attal's resignation and on Monday asked him to stay in the post "to ensure the country's stability." Subran stressed that it was vital that Macron was aligned with the future prime minister. It hasn't paid off, and France's uncertain political outlook will likely perturb France's European partners, one French political scientist told CNBC. French President Emmanuel Macron reviews troops that will take part in the Bastille Day parade, July 2, 2024 in Paris, France.

Persons: Emmanuel Macron, Sebastien Salom, Emmanuel Macron's, Macron, —, Tina Fordham, it'll, Fordham, Francois Hollande, Angela Merkel, He's, Germany —, Volodymyr Zelenskyy, Hollande, Gabriel Attal's, Ludovic Subran, Subran, Donald, Trump, — we're, CNBC's Charlotte Reed, it's, Macron's, hasn't, Philippe Marlière, France isn't, Aurelien Organizations: Afp, Getty Images, Fordham Global Foresight, CNBC, NATO, European Union, Socialist, Political, Russia, Ukrainian, Reuters, NFP, Monday, Allianz, U.S, Republican, NurPhoto, EU, University College London Locations: gomis, Europe, France, Washington, Ukraine, Germany, Kyiv, Paris, China, Brussels, Strasbourg, Russia

☆ Russia has forced the West to ramp up production of older weapons — even gear it wasn't making any more
▼ + stars: | 2024-07-05 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

Read previewRussia's invasion of Ukraine has resulted in a surge in demand, orders, and manufacturing of Western weaponry, including decades-old equipment and even gear that had gone out of production. The result is more orders and manufacturing, even of Western equipment where production had stopped. Its maker, Lockheed Martin, is increasing production as well as its production of the antitank missile system. Russia has also ramped up its wartime production, which could aid it in the future and not just against Ukraine. One solution would have been countries ramping up their orders and production earlier in the war, Di Mizio said.

Persons: —, it's, Jan Kallberg, hasn't, Lockheed Martin, Diehl, Timothy Wright, Mark Cancian, Vladimir Putin, Mikhail Klimentyev, Mattias Eken, Cancian, Diego Herrera Carcedo, Giorgio Di Mizio, Kallberg, Di Mizio Organizations: Service, Business, Manufacturing, Center for, Army Cyber Institute, US Army, Air Missile System, High Mobility Artillery Rocket Systems, Getty, IRIS, Patriot, International Institute for Strategic Studies, Financial Times, Center for Strategic, International Studies, Russia Western, Military, Sputnik, REUTERS, Ukraine, Russia, RAND Corporation, Anadolu Agency Locations: Ukraine, Russia, West, Norway, Europe, Bakhmut, Donetsk Oblast, France, Kremlin, REUTERS Russia

CNN —The Supreme Court handed down a landmark decision Monday granting Donald Trump partial immunity from special counsel Jack Smith’s election subversion case, handing the former president a significant win during his reelection bid. For starters, the Supreme Court ruled that for “core” presidential activity, Trump has the absolute immunity he had sought. The analysis about what’s immune and what isn’t “ultimately is best left to the lower courts to perform,” Roberts wrote. Immune, immune, immune,” she wrote. In a significant break from the court’s other conservatives, Barrett seemed to suggest Trump should go to trial quickly.

Persons: Donald Trump, Jack Smith’s, Smith, John Roberts, “, ” Roberts, ”, Trump, Justice Department –, isn’t “, Roberts, What’s, Tanya Chutkan, Sonia Sotomayor, Sotomayor, ” Sotomayor, Honig, Justice Ketanji Brown Jackson, ” Trump’s, Barrett, Amy Coney Barrett, Trump’s, ” Barrett, David Cole, Thomas, Clarence Thomas, Merrick Garland, Garland, hasn’t, ” Thomas, CNN’s Katelyn Polantz Organizations: CNN, Supreme Court, Justice Department, Trump, American Civil Liberties Union, Senate Locations: Washington , DC, Florida

☆ Changed rules for Ukraine mean its F-16s will arrive when they can make a far bigger impact, experts say
▼ + stars: | 2024-07-01 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

Read previewNew rules from Ukraine's allies about how it can use weapons they've supplied could have a strong impact on its long-awaited F-16s. That's because Ukraine now has permission to use weaponry given by its allies to hit targets on Russian soil. George Barros, a Russian military expert at the US-based Institute for the Study of War, said this will make the F-16s more effective. AdvertisementEven so, the experts said that the F-16s will make a difference for Ukraine, without being a total game changer on their own. The jets will help replenish lost aircraft, deter Russian jets, and act as air defenses.

Persons: —, George Barros, I'm, Barros, Peter Layton, it's, Layton, didn't, Russian Su, YURI KADOBNOV, Michael Clarke, Mark Cancian, there's, Clarke, Tim Robinson Organizations: Service, Russia, Business, Wing Public Affairs, Griffith Asia Institute, Royal Australian Air Force, Ukraine, Republicans, Getty, Marine, Center for Strategic, International Studies, UK's Royal Aeronautical Society Locations: Ukraine, Russian, Russia, AFP, British, Denmark, Netherlands, Norway, Belgium

CNN —Federal Judge Aileen Cannon said Tuesday she had “a hard time seeing” any problems with the warrant the FBI obtained to search former President Donald Trump’s Mar-a-Lago estate in the summer of 2022. Trump’s attorney Emil Bove had argued that the warrant was overly broad and unjustly allowed agents to search the entire Mar-a-Lago premises. Bove, like in other recent hearings in the classified documents case, wants the judge to hold even more hearings that could probe into the investigators’ work. “They purported to look for classified documents in a gym and a kitchen,” he added. Investigators say they found classified documents in various places at the resort, including a public ballroom, a bathroom and a bedroom.

Persons: Aileen Cannon, Donald Trump’s Mar, Cannon, Emil Bove, Trump, Walt Nauta, Carlos De Oliveira, Jack Smith, “ We’re, ” Bove, wasn’t, “, David Harbach sparred, Harbach, Bove, hadn’t, ” Organizations: CNN, FBI Locations: Lago, Fort Pierce , Florida, Cannon, Mar

☆ Front-line NATO allies are facing an unconventional Russian threat short of war but still quite dangerous
▼ + stars: | 2024-06-22 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +6 min

"There are hybrid threats. NATO has also cautioned against intensifying Russian hybrid warfare in the region and in the rest of Europe that could include "disinformation, sabotage, acts of violence, cyber and electronic interference, and other hybrid operations." The murky nature of hybrid warfare can make it hard to identify and address potential threats. Yet, the Baltic countries are prioritizing hybrid threats and fortifying their institutions in response. And last week, writing alongside his Polish and Czech colleagues, Latvian President Edgars Rinkēvičs expressed "deep concern" over Russian hybrid threats.

Persons: —, Denmark –, Margus Tsahkna, Maria Zakharova, Ukraine Volodymyr Zelenskyi, Gitanas Nausėda, Yan Dobronosov, Dmitry Petrov, Gabrielius Landsbergis, Landsbergis, –, Vladimir Putin, Mikhail Svetlov, Edgars Rinkēvičs Organizations: Service, West, NATO, EU, Business, Estonian, Russian Foreign Ministry, Getty, Kremlin, Lithuanian, Destabilization, 76th Guards Air Assault Division, Alliance Locations: Latvia, Lithuania, Estonia, Russia, Ukraine, Denmark, Kyiv, Moscow, Baltics, Belarus, Soviet Union, Russian, crosshairs, Europe, Baltic, Finland, Narva, Tallinn, Vilnius, Poland, Pskov, Crimea, Tellingly, Czech, Latvian

☆ Ukraine got the go-ahead to hit Russia with F-16s, but doing so could be a waste of a good jet
▼ + stars: | 2024-06-20 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +11 min

Read previewNATO member Denmark has given Ukraine permission to use the F-16s it receives to hit military targets within Russia. AdvertisementThe exact number of F-16s Ukraine will get to begin with is unclear, but it's not expected to be many. But in Russia, Ukrainian aircraft can also expect to battle the Russian Air Force in addition to enemy air defenses. It would also bolster a capability that has been heavily strained by relentless Russian attacks, and that's air defense. But they said these fighter jets will be useful for Ukraine by replenishing lost aircraft, deterring Russian jets, and acting as defenses.

Persons: —, George Barros, Israel Aerospace Industries Barros, it's, Mark Cancian, Tim Robinson, Peter Layton, Volodymyr Zelenskiy, Mette Frederiksen, Ritzau Scanpix, Mads Claus Rasmussen, there's, Michael Clark, Clark, Cancian, ISW, Layton, Robinson, DIMITAR DILKOFF, Noble, Chanceler Organizations: Service, Business, Ukraine, Analysts, Israeli Military Industries Systems, Israel Aerospace Industries, Marine, Center for Strategic, International Studies, UK's Royal Aeronautical Society, Griffith Asia Institute, Royal Australian Air Force, Denmark's, Skrydstrup Airbase, REUTERS, Politico, Republicans, Russian Air Force, Getty, Noble Eagle, US Air Force Locations: Denmark, Ukraine, Russia, Moscow, Russian, Israeli, Netherlands, Norway, Belgium, France, Skrydstrup, Vojens, Arizona, Romania, British, Crimea, Ukrainian, AFP

☆ A new plane Ukraine is getting will amplify its F-16s and eat into Russia's advantage in the air, experts say
▼ + stars: | 2024-06-14 | by ( Sinéad Baker | ) 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 arrival of a new type of aircraft for Ukraine will give it an advantage it's not had before, and will help boost the effectiveness of its promised F-16s, experts told Business Insider. Sweden announced late last month that it is giving Ukraine two ASC 890 airborne control and surveillance aircraft, which act as command centers in the air. They remain highly vulnerableDuring the war, Russia has been using its own A-50 Airborne Early Warning & Control aircraft to monitor Ukraine's air space and coordinate attacks. AdvertisementThe experts said hanging back is also likely the best approach for Ukraine's first F-16s, so the jets can protect cities and infrastructure while staying away from most of Russia's weaponry.

Persons: —, it's, Ukraine Tim Robinson, Pal Jonson, Jose Miguel T, Mark Cancian, Peter Layton, Alexander Zemlianichenko, Layton, Cancian Organizations: Service, Ukraine, Business, UK's Royal Aeronautical Society, Swedish, US Air Force, Marine, Center for Strategic, International Studies, Griffith Asia Institute, Royal Australian Air Force, Control, AP, Aircraft Locations: Ukraine, Sweden, Swedish, Russia, Denmark, Netherlands, Norway, Belgium

☆ Jurors detail to CNN how they reached guilty verdict in Hunter Biden gun trial
▼ + stars: | 2024-06-11 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +7 min

10 told CNN. Another juror told CNN that she believed Biden “needs rehab more than imprisonment or a fine.”Juror No. The case “seemed like a waste of taxpayer dollars,” one female juror told CNN, though juror No. 10 told CNN. Each juror CNN spoke with acknowledged the weight of having her in the courtroom.

Persons: Hunter Biden, Hunter’s, Naomi, Joe Biden, Hunter, “, Biden, ”, doesn’t, Hallie Biden, Beau Biden, Abbe Lowell, Jill, ” Biden, who’s, Jill Biden, Biden’s, ” Naomi Biden, Naomi Biden, Hallie, CNN’s Jack Forrest Organizations: CNN, “ Locations: Los Angeles

☆ Takeaways from Day 2 of the Hunter Biden federal gun trial
▼ + stars: | 2024-06-04 | by ( Marshall Cohen | Holmes Lybrand | ) edition.cnn.com time to read: +8 min

It doesn’t matter who you are or what your name is.”Melissa Cohen Biden, Hunter Biden’s wife, vigorously shook her head in disapproval when Hines argued that Biden knew he was an addict when he bought the gun. Lowell, well into his statement, had explained how despite claims from prosecutors, the evidence doesn’t show Biden was using drugs the day he bought the gun. Video Ad Feedback Ex-federal prosecutor expects Hunter Biden to be found guilty. The dealer ended the text with, “We will always be friends, bro.”A video of Hunter Biden shirtless is seen on screen during the trial on Tuesday in Wilmington, Delaware. Bill HennessyIn other messages, Biden said he was “sleeping on a car smoking crack” at a street corner in downtown Wilmington that’s only a few blocks away from the federal courthouse where the trial is under way.

Persons: Hunter, Biden, Derek Hines, Joe Biden’s, “ isn’t, ” Hines, Hines, ” Melissa Cohen Biden, Hunter Biden’s, Abbe Lowell, “, ” Lowell, Lowell, Hallie Biden, ”, Hunter Biden, Jill Biden, stoically, Erika Jensen, Ashley, bro, Bill Hennessy, Biden’s, Jensen, Kathleen Buhle, Macayla Cook, Evan Perez Organizations: Delaware CNN, CNN Prosecutors, FBI, Prosecutors, Republicans Locations: Wilmington, Delaware, Arizona, Los Angeles, California, Massachusetts, Wilmington , Delaware, Russia

☆ Defense Strategy in Gilgo Murder Case: Blame a Corrupt Police Chief
▼ + stars: | 2024-05-23 | by ( Corey Kilgannon | ) www.nytimes.com time to read: +1 min

After Rex Heuermann was arrested last summer and then charged with murdering four women whose bodies were found in 2010 along Gilgo Beach on Long Island, prosecutors disclosed a barrage of details to support their case, including genetic evidence and sadistic porn sites they said Mr. Heuermann visited. Now, with the trial still months away, the defense’s strategy is beginning to take shape. Brown, has begun to float an alternate theory about the case: that the investigation into the murders was tainted years ago by the involvement of a now-disgraced Long Island police chief. At a hearing last month following a procedural court appearance by Mr. Heuermann, Mr. Brown repeated his client’s claims of innocence. He also suggested that the real killer might have eluded arrest years ago when Mr. Burke was running the investigation.

Persons: Rex Heuermann, Heuermann, Heuermann’s, Michael J, Brown, James Burke, Burke Organizations: Long, police, Suffolk County Police Department Locations: Gilgo, Long Island, Suffolk

☆ Opinion: Did Trump’s defense think this strategy would work on Cohen?
▼ + stars: | 2024-05-14 | by ( Opinion Norman Eisen | ) edition.cnn.com time to read: +8 min

CNN —The forceful direct examination of former Trump fixer-turned-star prosecution witness Michael Cohen concluded Tuesday in the Manhattan criminal trial of former President Donald Trump. But the cross was uneven and Cohen, like Stormy Daniels before him, held his own. Whether that will change in the days ahead remains to be seen, but in any event, the cross of Cohen got off to an inauspicious start. ), his anti-Trump podcast (showing bias, but Cohen owned it) and even selling anti-Trump merchandise (showing financial motive, but again failing to get a rise out of Cohen). However, even when Blanche confronted Cohen with his most inflammatory social media comments, such as calling Trump a “dictator douchebag” and a “Cheeto-dusted cartoon villain,” Cohen was utterly unfazed.

Persons: Michael Cohen, Donald Trump, Todd Blanche, Cohen, Stormy Daniels, Trump, Allen, Weisselberg, Daniels, Norm Eisen, Susan Hoffinger, ”, Hoffinger, “, Blanche, ” Cohen, Susan Necheles, Necheles, Judge Juan Merchan, douchebag ”, mercifully, Blanche’s Organizations: CNN, Trump fixer, Trump, Trump Organization, Trump “, Twitter Locations: Manhattan

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