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Russia has fired about 60 North Korean KN-23 missiles at Ukraine this year, according to a Ukrainian defense official. These less-sophisticated missiles are part of North Korea’s growing support to Moscow, which also includes about 11,000 North Korean soldiers deployed to Russia’s Kursk region. Strikes using North Korean missiles have killed at least 28 people and injured 213 this year, the Ukrainian prosecutor general told CNN. Ukrainian investigators found evidence that crucial components used in the North Korean missiles are produced by at least nine Western manufacturers. There are more than 250 companies whose components have been identified in North Korean missiles, according to CAR.
Persons: , Yuriy Ignat, Russia – “, , Andriy Kulchytskyi, Damien Spleeters, Victoria Vyshnivska, Vyshnivska, Danylo, Vladyslav Vlasiuk, Trump, Richard Blumenthal Organizations: Ukraine CNN —, CNN, Ukrainian Air Force, Korean, North Korean, Scientific Research, Forensic, Ukraine’s, Corruption, Military Research, Kyiv’s Scientific Research, Ukrainian Defense Intelligence, Research, Getty, US Commerce Department, , US, Investigations, Defense Intelligence Locations: Kyiv, Ukraine, Ukraine CNN — Ukraine, Russia, North, Moscow, Russia’s Kursk, United States, Netherlands, United Kingdom, North Korea, Germany, Switzerland, Korean, US, China, Anadolu, Canada, Belarus, Western, Ukrainian, Russian, Iran
Ukraine says Russia launched an intercontinental ballistic missile overnight targeting Dnipro city in the central-east of the country, which, if confirmed, would be the first time Moscow has used such a missile in the war. It said an intercontinental ballistic missile was fired at Dnipro city along with eight other missiles, and that the Ukrainian military shot down six of them. The attack comes two days after Russian President Vladimir Putin signed a revised nuclear doctrine that formally lowers the threshold for the country's use of nuclear weapons. Ukraine on Tuesday fired several American-supplied longer-range missiles and reportedly fired U.K.-made Storm Shadows on Wednesday into Russia. While the doctrine envisions a possible nuclear response by Russia to a conventional strike, it is formulated broadly to avoid a firm commitment to use nuclear weapons and keep Putin's options open.
Persons: Vladimir Putin, Yevgeny Balitsky, Joe Biden's, Putin Organizations: Kremlin, Ukraine, Russian Defense Ministry, U.S, NATO Locations: Moscow, Russian, Ukraine's Zaporizhzhia, Russia, Ukraine, Dnipro, Russia's Astrakhan, Crimean
Given the sheer volume of enemy drones, helicopters have joined the counter-drone fight. In Ukraine and Israel, helicopters of all kinds are hunting down drones. In Ukraine, a huge country compared to Israel, helicopters are a means to shield its airspace against large drone salvos. Advertisement"Given the Russian Shaheds' slow and low flight pattern, rotary aircraft can easily chase and destroy them," Borsari said. Modifications of this kind could make helicopters more effective drone hunters in the future, supplementing other ground- and air-based systems.
Persons: , It's, Israel's, it's, Nicholas Heras, Samuel Bendett, Federico Borsari, Borsari, Paul Iddon Organizations: Service, Iran, New Lines Institute, Center for Naval, Center for, Helicopters, Royal Navy Wildcat Locations: Ukraine, Israel, Washington ,, Ukrainian, Lebanon, Syria
LONDON — Animal campaigners are calling for a ban on the public sale of fireworks after a baby red panda was thought to have died from stress related to the noise. The Royal Zoological Society of Scotland (RZSS), a conservation charity that runs Edinburgh Zoo, said Wednesday that it was likely Roxie, a three-month-old red panda kit, "died due to stress caused by fireworks being let off across the city centre." RZSS says the red panda's mother also died just five days earlier and that death could also be related to fireworks noise. "Very sadly, she choked on her vomit on bonfire night and our vets believe this was probably a reaction to fireworks," Supple said. Edinburgh City Council this year became the first Scottish local authority to ban fireworks in some areas, with four districts under a ban on privately-bought fireworks between Nov. 1 and Nov. 11.
Persons: Roxie, Guy Fawkes, Boris Johnson, Rishi Sunak, RZSS, “ Roxie, Ginger, Roxie’s, Keir Starmer Organizations: Royal Zoological Society of Scotland, Edinburgh Zoo, Scottish Locations: United Kingdom, Edinburgh
London CNN —British Prime Minister Keir Starmer will travel to France on Monday to attend Armistice commemorations in Paris, making him the first UK leader to attend the ceremony since World War II, according to his office. Starmer will join French and British veterans alongside French President Emmanuel Macron to honor those who died in World War I as well as veterans of subsequent conflicts, according to No. “I am honored to be in Paris to stand united with President Macron in tribute to the fallen of the First World War who made the ultimate sacrifice for the freedom we enjoy today,” Starmer said. He is also expected to meet his French counterpart Michel Barnier – the first time the pair have met since Barnier became France’s prime minister in September. Starmer’s office announced events will be held across the UK next year to mark the anniversaries on May 8 and August 15 respectively.
Persons: Keir Starmer, Starmer, Emmanuel Macron, Winston Churchill, Charles de Gaulle, , Macron, ” Starmer, Michel Barnier –, Barnier, Monday’s Organizations: London CNN, British, French Locations: France, Paris, British, Ukraine, Gaza, Europe, Japan
London CNN —Catherine, Princess of Wales joined the royal family as they paid their respects to all those who have lost their lives in conflicts at the annual Remembrance Day service in London on Sunday. Prince William also left a floral tribute, featuring the Prince of Wales feathers and a new ribbon in Welsh red, at the war memorial. Toby Melville/ReutersWorld War II veterans Alec Penstone and Mervyn Kersh meet on Horse Guards Parade ahead of the Royal British Legion’s march past the Cenotaph. Kate, 42, announced she was cancer free in September and would be taking a phased approach to resuming public royal duties. The Princess of Wales joined , Britain's Prince William, Prince of Wales, Britain's King Charles and Britain's Princess Anne, Princess Royal attend "The Royal British Legion Festival of Remembrance" at the Royal Albert Hall in London, Britain, November 9, 2024.
Persons: London CNN — Catherine, Princess of Wales, King Charles III, , King George VI, Prince William, Prince, King Charles, Chris Jackson, James Manning, Kate, Sophie , Duchess, Prince Edward , Princess Anne, Sir Tim Laurence, Duke, Duchess of Gloucester, Duke of Kent, , Ben, Keir Starmer, Conservative Party Kemi Badenoch, John Major, Tony Blair, Gordon Brown, David Cameron, Theresa May, Boris Johnson, Liz Truss, Sunak, Kemi Badenoch, Toby Melville, Alec Penstone, Mervyn Kersh, Jaimi Joy, Princess, Wales, William, Royal Albert, Britain's Prince William , Prince of Wales, Britain's King Charles, Britain's Princess Anne, Princess Royal, Chris J, Camilla, Buckingham, I’m, King, Charles Organizations: London CNN, Royal Air Force, Foreign, Commonwealth, Development Office, Conservative Party, British, Reuters, Horse Guards, Royal, Windsor, Royal British Legion Festival of, Royal Albert Hall, Commonwealth Armed Forces personnel, NATO, Royal British Legion Festival, REUTERS, CNN’s Royal, Food Locations: London, Whitehall, Downing, Wales, Edinburgh, Royal British, Southport, England, Normandy, Kosovo, Afghanistan, Britain, Ratcliffe, Wiltshire, South Africa
But nearly 16 years after Lambert’s murder, the case remains unfinished. (Niroula was fatally assaulted in jail while awaiting a new trial; two defendants previously pleaded guilty, and their convictions weren’t overturned.) Then, he and Niroula began developing a plot to defraud and murder Lambert, the prosecutor said. Four of them, including Niroula and Garcia, were charged with murder, conspiracy, grand theft and other crimes, court records show. Less than a month later, a judge overturned the four murder convictions and set the cases for retrial.
Persons: Cliff Lambert, Lambert, , Kaushal Niroula, Daniel Garcia, hadn’t, Niroula, Garcia, Mark Evans, Eddie Mullikin, Steven Kilkullen, Cliff, Anthony Villalobos, David Replogle, , Kilkullen, he’d, who’d, Tom Fitzmaurice Mullikin, Mullikin, Robert Hightower, , Hightower, Thomas White, White, — David Replogle, Garcia hasn’t, Stuart Hanlon, Tyson Wrensch, San Francisco’s Castro, Dateline ”, Niroula “, ” Wrensch, ” Tyson Wrensch, Niroula texted Garcia, Niroula —, Lambert’s —, ” Hightower, Mercedes, David Downing, Downing, wasn’t, — “, ” Mullikin, Niroula’s, Replogle, ” Villalobos, “ There’s, hasn’t, ” Kilkullen, ” Tim Stelloh, David Ketterling Organizations: Dateline, NBC News, Riverside County, Midwest, “ Dateline, San, San Francisco Bay Area, Lincoln Town, Marines, Palm, Niroula Locations: INDIO, Calif, California, Palm Springs, Nepal, San Francisco, Riverside County, Riverside, Mexico, San Francisco Bay, San Francisco’s, Coachella, Bay, Los Angeles, Lambert’s, United States, Cliff, Alameda , California, Indio
Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London, UK, on Wednesday, Oct. 30, 2024. Bloomberg | Bloomberg | Getty ImagesLONDON — British businesses are smarting after Finance Minister Rachel Reeves' bumper tax-rising budget, with analysts warning that the measures could slow hiring and push up inflation. Under the new rules, employer NI will rise by 1.2 percentage points to 15% from April 2025, while the level at which employers start paying NI for workers will drop from £9,100 to £5,000. Rain Newton-Smith, chief executive of the Confederation of British Industry, a business interest group, described it as a "tough budget for business." That is because businesses could pass on the additional costs to consumers by increasing the price of their products.
Persons: Rachel Reeves, Reeves, , Roger Barker, Barker, Mike Kemp, Andrew Martin, Newton, Smith, Morgan, Andrew Sheets, CNBC's, Morgan Stanley Organizations: Bloomberg, Getty, LONDON, National Insurance, Labour, Conservative, Institute of, Institute of Directors, of British Industry, Corporation, Insurance, CNBC, Bank of, Morgan Locations: London, City of London, United Kingdom
London CNN —At Frieze London this year, three large artworks by the artist Nengi Omuku were hung away from the walls so viewers could walk around them. The other presented strips of sanyan, a thick traditional Nigerian fabric that Omuku uses to replace the usual canvas fabric painters often use as their base. “The fact I’m painting on a vintage surface gives soul to my work,” Omuku said over Zoom two days before the fair opens. Omuku's work is painted directly onto strips of sanyan, a thick traditional Nigerian fabric. “I’d never seen a pre-colonial Nigerian textile before, and it looked quite similar to linen.”The artist has exhibited in Paris, New York, Bangkok and London.
Persons: CNN Style’s, Alayo, Nengi Omuku, ” Omuku, it’s, Yinka Shonibare, Omuku, Todd White, Loewe, Kristin Hjellegjerde, Keir Starmer, sanyan, , , “ I’d, Rees, I’ve, there’s, “ I’m Organizations: CNN, London CNN, London, , Frieze’s, Slade School of Fine Art, Baltimore Museum of Art, Institute of Contemporary Art, ICA Miami, British, Downing, Co, Slade Locations: London, Nigeria, Lagos, Paris, Bangkok, New York, Miami, Paris , New York, Dakar, Senegal, Nigerian
Maja Smiejkowska | ReutersLONDON — U.K. borrowing costs on Wednesday touched their highest level since Labour took office, after Finance Minister Rachel Reeves unveiled a vast package of tax hikes in her first budget. The yield had cooled to a 3 basis point rise to 4.35% by 4:00 p.m. U.K. time (12:00 p.m. The yield on 2-year bonds, which in the U.K. are known as gilts, were over 6 basis points higher at 4.33% after rising by as much as 10 basis points. The Treasury separately said it would raise gilt issuance by £22.2 billion ($28.9 billion) to £299.9 billion for the fiscal year to meet its net financing requirement. Those included the facts that many key policies had already been announced, and that any increase in borrowing would be to fund public investment.
Persons: Rachel Reeves, Maja Smiejkowska, Reeves, Liz Truss Organizations: Reuters LONDON, Labour, Treasury, Conservative Party, Bank of England Locations: London, Britain
Hollie Adams | Afp | Getty ImagesBritain's Labour government appears poised to raise "sin taxes" in its highly anticipated October budget as it seeks to cash-in on lucrative industries to bolster Treasury revenues. Among a litany of measures, including a major change to the government's fiscal rules, Reeves is reported to be considering a sin tax raid. "Sin stocks are a good place to start. Shares of London-listed gambling stocks fell sharply on the news. A Treasury spokesperson was not immediately available to comment when contacted by CNBC about the prospect of sin taxes in the budget.
Persons: Keir Starmer, Rachel Reeves, Hollie Adams, Reeves, Michael, Britain's, William Hill, Paddy Power, Chris J, Ratcliffe, Bruce Morley, Morley, Morningstar's, Field, Alishia Abodunde Organizations: Britain's, Labour, Afp, Getty, Finance, Michael Field, Morningstar Analysts, Morningstar, CNBC, Guardian, London, Entain Plc, Bloomberg, Department, Environment, Food, Rural Affairs, Treasury, University of Bath, Imperial Brands, American Tobacco, Government Locations: London, Michael Field Europe, Europe, crosshairs, U.S, England, vapes
AdvertisementUkrainian drone maker Wild Hornets is developing an interceptor designed to counter Russia's Shahed-136 loitering munitions, The Telegraph reported. Wild Hornets did not respond to a request for comment sent outside regular business hours by Business Insider. Russia announced in September that it was planning to increase drone production by 10 times, putting it at 1.4 million drones yearly. Ukraine, on the other hand, said it can now make 4 million drones per year. Its president, Volodymyr Zelenskyy, said in October that local defense firms were already contracted to build 1.5 million drones, but did not say what kind.
Persons: It's, , Sting, it's, Volodymyr Zelenskyy Organizations: Telegraph, Sting, Service, Hornets, Ukrainian, Wild Hornets, Business Locations: Ukrainian, Iranian, Russia, Ukraine, Zala, Kyiv, Tehran, Moscow
CNN —The Buffalo Bills overcame an Aaron Rodgers Hail Mary touchdown pass at the end of the first half to edge past the New York Jets 23-20 in a penalty-filled victory on Monday night in East Rutherford, New Jersey. 10) catches a Hail Mary touchdown against the Bills. Elsa/Getty ImagesBuffalo seemed poised to take a 20-10 lead into the half, until Rodgers conjured up some magic. The Hail Mary was the fourth of Rodgers distinguished career, meaning he has the most of any NFL player since 1970, per the NFL. For the Bills, the win cemented their position atop the AFC East division ahead of their home game against the Tennessee Titans on Sunday.
Persons: Aaron Rodgers, Mary, Tyler Bass, Taron Johnson, Rodgers, Josh Allen, Cam Newton –, we’ve, ” Allen, , Ray Davis, Davis, James Cook, Robert Saleh, Jeff Ulbrich, Nathaniel Hackett, Todd Downing, Allen, Mack Hollins, Dawson Knox, Lazard, Elsa, Allen Lazard, Patrick Mahomes, Aaron, LeBron James, Greg Zuerlein Organizations: CNN, Buffalo Bills, New York Jets, Bills, Buffalo, NFL, Jets, New York, Getty, Kansas City Chiefs, NBA, MetLife, AFC East, Tennessee Titans Locations: East Rutherford , New Jersey, New, New York
LONDON — The U.K.'s business minister said Monday that securing trade deals with India and Gulf nations remains "the priority" for the Labour government, with talks between Britain and the Gulf Corporation Council expected to resume as soon as next week. U.K. Business and Trade Minister Jonathan Reynolds told CNBC that negotiations with a six-strong group of Gulf countries would reconvene "very soon — maybe as soon as next week," while talks with India also remain a priority. U.K. free trade deals were touted as a key benefit of Brexit, with former Prime Minister and Brexiteer Boris Johnson vowing to secure one with India "by Diwali" 2022. The trade minister has also previously said that the government was pursuing trade talks with Israel, South Korea, Switzerland and Turkey. "It's important to recognize, whilst we don't do foreign policy through trade deals, British engagement commercially – country to country, business to business – is in itself a good thing," he said.
Persons: of Trade Jonathan Reynolds, Jonathan Reynolds, Reynolds, Boris Johnson, It's, Sunil Barthwal Organizations: State, Business, Trade, of Trade, Labour, Gulf Corporation, CNBC, Investment, London's, Conservative, GCC, United, United Arab Emirates Locations: London, United Kingdom, India, Britain, Australia, New Zealand, Singapore, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab, Israel, South Korea, Switzerland, Turkey
Britain's Prime Minister Keir Starmer gives a media interview while attending the 79th United Nations General Assembly at the United Nations Headquarters in New York, U.S. September 25, 2024. British Prime Minister Keir Starmer marks 100 days in office Saturday with little cause for celebration. Starmer has traveled to Washington, the United Nations and European capitals as he seeks to show that " Britain is back " after years of inward-looking wrangling over Brexit. Reeves has ruled out increasing income tax, sales tax or corporation tax, but also says there will be no "return to austerity" — a hard circle to square. "I don't think people have that much of a sense of what Keir Starmer or indeed Labour is about.
Persons: Keir Starmer, freebies, Tim Bale, Starmer, Taylor Swift, Sue Gray, Morgan McSweeney, Gray, , McSweeney, Anand Menon, Rachel Reeves, Reeves, Downing, It's, Bale, it's Organizations: Britain's, 79th United Nations General Assembly, United Nations Headquarters, British, Labour Party, Labour, Conservative Party, Queen Mary University of London, Conservative, Health Service, United Nations, Conservatives, Government, Downing, Downing St, BBC Locations: New York, U.S, Rwanda, Washington, United Kingdom, Ukraine, England, Northern Ireland
They want to see her more, and we’re engaging with that and want to continue to do that” before Election Day, a Harris campaign aide said. Even if voters miss her appearances when they air, they may still catch viral moments that are replayed in their social media feeds, the campaign aide said. When Stern asked whether therapy might be an antidote to the stress she faces on the trail, she said, laughing: “This is my form of therapy right now, Howard.”“With me? "And Congress has shown no inclination to move in your direction," her interviewer, Bill Whitaker, saidStill, Harris campaign officials say they’re delighted by how she’s performed in these less scripted settings. “It’s been great,” another senior Harris campaign aide said.
Persons: WASHINGTON, Kamala Harris, “ You’ve, ” Howard Stern, , ” Joy Behar, , Donald Trump, CBS’s Stephen Colbert, gamely, Colbert, Harris, “ We’ve, Stern vouched, Stern, Warren Beatty, “ I’ve, I’ve, that’s, Trump, ” Harris, Floridians, CBS’s, Theo Von, ” Von, You’ll, Howard, ” Stern, Bill Whitaker, they’re, she’s, “ It’s, Biden, “ There’s, Joe Biden, … I’m, She’s, Howard Stern Organizations: Democratic, NBC, Weather Channel, CNN, Univision, Trump, USA, Suffolk University, Fox News, Republican, NBC News Locations: U.S, California, San Francisco, Hurricane Milton, Las Vegas, Nevada, Arizona, Maricopa County , Arizona
Rutte met with UK Prime Minister Keir Starmer and Ukrainian President Volodymyr Zelenskyy. "Stop worrying about a Trump presidency," Rutte told reporters outside Downing Street. AdvertisementMark Rutte addressed the prospect of a second Trump presidency during his first official visit to London as NATO Secretary General on Thursday. Rutte, a former Dutch prime minister, was in the capital to meet with UK Prime Minister Keir Starmer and Ukrainian President Volodymyr Zelenskyy. "So, really, stop worrying about a Trump presidency.
Persons: Mark Rutte, Rutte, Keir Starmer, Volodymyr Zelenskyy, , Trump, it's, Kamala Harris, Donald Trump, placating Trump, Rachel Rizzo, he's, Rizzo, Zelenskyy Organizations: NATO, UK, Trump, Downing, Service, Ukraine, Putin, Council's, Center Locations: London, Dutch, Ukraine, United States, Washington, San Francisco, Netherlands, Russia
AI cloud startup Ori is raising up to $80 million in new funding, two sources have told BI. AdvertisementAI cloud computing startup Ori is in talks to raise up to $80 million in a fresh funding round, two sources told Business Insider. Related storiesYahya added: "I was pleased to recently be at 10 Downing Street to discuss UK AI policy. Our plan is to invest nine figures in the UK AI infrastructure over the next 24 months." In May, rival AI infrastructure startup CoreWeave secured $7.5 billion in debt financing from Blackstone just weeks after it secured $1.1 billion in equity funding.
Persons: , Ori, Mahdi Yahya, Yahya, Blackstone Organizations: Ori, Nvidia, Service, Business, BI
The suspected drone crashed in eastern Ukraine, but the cause is still unknown. Losing one is not only a blow for Russia; it could be a big intelligence win for the West. AdvertisementUkrainian service members inspect parts of a Russian S-70 drone in eastern Ukraine on October 5. AdvertisementRussia's S-70 drone is seen taking off at an unidentified location in August 2019. AdvertisementUkrainian scene investigators examine the suspected S-70 wreckage in eastern Ukraine on October 5.
Persons: , Russia hasn't, Nuzhnenko, Russia's, AP Samuel Bendett, Bendett, ROMAN PILIPEY, Hunter, Lockheed Martin Organizations: Service, Kyiv, NATO, Radio Free, Radio Liberty, Institute for, Russian Defense Ministry Press Service, AP, Center for Naval Analyses, Business, Getty, Lockheed Locations: Russia, Ukraine, Moscow, Kostyantynivka, Ukraine's Donetsk, Russian, Radio Free Europe, AFP
Britain's Prime Minister Keir Starmer speaks at a press conference, during his visit to the European Commission headquarters on October 2, 2024 in Brussels, Belgium. LONDON — British Prime Minister Keir Starmer is seeking to reset his government and recover from a shaky first 100 days in office beset by policy misfires, doom mongering and a "freebie" scandal. "A challenge for the prime minister lies in the fact No. Keir Starmer now needs to show he's got control," he added. Former Finance Minister Jeremy Hunt has denied the claims as "fictitious."
Persons: Keir Starmer, Starmer, Sue Gray, Gray, Morgan McSweeney, Downing, James Lyons, Phillip Blond, thinktank, Tony Travers, Travers, he's, Rachel Reeves, Reeves, Jeremy Hunt Organizations: Britain's, European Commission, LONDON, Labour, CNBC, London School of Economics, Labour Party, Conservative, Treasury, Conservative Party, Former, Citi, KPMG, Employment Locations: Brussels, Belgium, TikTok, Ukraine
UK PM Starmer's chief of staff quits after talk of in-fighting
  + stars: | 2024-10-07 | by ( ) www.cnbc.com   time to read: +1 min
British Prime Minister Keir Starmer reacts as he meets with Defence Secretary John Healey and Member of the House of Lords George Robertson at 10 Downing Street on July 16, 2024 in London, England. British Prime Minister Keir Starmer's chief of staff Sue Gray resigned on Sunday following rumors about tensions within his team of advisers that cast a shadow over his government little more than three months after a landslide election victory. Starmer led the Labour Party to a sweeping victory in July, promising discipline and change after 14 years of Conservative Party rule. But his time in office has already been dogged by criticism of free gifts from wealthy donors that he and other Labour politicians received. Gray will take up a new post as Starmer's envoy for the regions and nations, the prime minister's office said.
Persons: Keir Starmer, John Healey, George Robertson, Keir Starmer's, Sue Gray, Gray, Starmer Organizations: British, Defence, Downing, Labour Party, Conservative Party, Labour Locations: London, England, British, Downing
The suspected drone crashed in eastern Ukraine, but the cause is still unknown. Russia hasn't built very many of the S-70 Okhotnik-B (Hunter) drones, which made their combat debut during the ongoing Ukraine war. AdvertisementUkrainian service members inspect parts of a Russian S-70 drone in eastern Ukraine on October 5. AdvertisementRussia's S-70 drone is seen taking off at an unidentified location in August 2019. AdvertisementUkrainian scene investigators examine the suspected S-70 wreckage in eastern Ukraine on October 5.
Persons: , Russia hasn't, Nuzhnenko, Russia's, AP Samuel Bendett, Bendett, ROMAN PILIPEY, Hunter, Lockheed Martin Organizations: Service, Kyiv, NATO, Radio Free, Radio Liberty, Institute for, Russian Defense Ministry Press Service, AP, Center for Naval Analyses, Business, Getty, Lockheed Locations: Russia, Ukraine, Moscow, Kostyantynivka, Ukraine's Donetsk, Russian, Radio Free Europe, AFP
Hard seltzers, spiked seltzers, and their ilk have been marketed as lighter than traditional alcoholic beverages. In the 2010s, the hard seltzers started to pop up, with names like White Claw and Truly, both of which launched in 2016. Advertisement"During the pandemic, hard seltzers really blew up, and I think hard seltzers are one of those ones that were perceived as a little bit of a better-for-you option," said Kaleigh Theriault, an associate director of beverage-alcohol thought leadership at NIQ, a market research firm. The market got saturated, and people started to realize there could be a lot more to canned alcohol than beer and hard seltzers. "So companies are having to innovate more and more, and that has led to some higher-ABV canned cocktails."
Persons: they've, aren't, seltzer, Kaleigh Theriault, that's, NIQ, Chris Budzik, Cayman Jack, there's, Kate Bernot, Bernot, you've, " Theriault, It's, Bud, , Bud Light, Budzik, he'd, Will, Emily Stewart Organizations: Brands, Anheuser, Busch InBev, NIQ, AB InBev, Coca, Modelo, Business Locations: seltzers, Manhattan, NIQ, Pennsylvania, Michigan, Vermont, America
Over the past few weeks, economic news from the U.K. has heavily focused on the state of British national finances and how they might impact both the British public and the prospects for economic growth. Regardless of how the U.K. fiscal situation stands now, it is clear that the current shortfalls are both years in the making and run the risk of having consequences that could last for years to come. The ultimate dilemma facing Labour now is that the country cannot produce enough revenue to close systemic shortfalls without sustained economic growth, but it also cannot create economic growth without real investment, both from the public and private sectors. In many ways, the current fiscal situation dates back to the financial crisis of 2008 and the fact that the country's economy was unable to snap back readily to close the budget shortfalls that occurred then. Borrowing in the financial year to August stood at £64.1 billion ($85 billion), with the country's debt hitting 100% of GDP.
Persons: Keir Starmer, John Healey, George Robertson, Rachel Reeves, Jeremy Hunt Organizations: British, Defence, Downing, Labour, Conservative Locations: London, England, British, United States, China, Japan
"The two leaders will highlight a half century trajectory of UAE-U.S. partnership in trade, investment and security," the Emirati ambassador to Washington, Yousef al-Otaiba, posted on X ahead of the visit. Growing investment tiesTrillion-dollar relationshipThe United States and the UAE have a trade and investment partnership that spans more than five decades. In 2023, bilateral trade between the UAE and the U.S. was worth around $31.4 billion, with U.S. exports to the UAE exceeding $24.8 billion, according to the UAE Embassy in Washington, D.C. The UAE, which produces nearly 4% of the world's oil supply, also has investments in the United States that total $1 trillion. The UAE sovereign wealth funds including the Abu Dhabi Investment Authority and Mubadala are major investors in American real estate, infrastructure and technology sectors.
Persons: Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince, Abu, Hannah McKay, Sheikh Mohammed bin Zayed Al Nahyan's, Anwar Gargash, Sheikh Mohammed's, Joe Biden, Kamala Harris, Gargash, Yousef al Organizations: Downing, Getty, United Arab Emirates, Washington , D.C, U.S, UAE, UAE Embassy, Abu, Abu Dhabi Investment Authority Locations: Abu Dhabi, London, England, United States, Washington ,, Dubai, Gaza, UAE, Washington, U.S
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