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Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Novo Nordisk's blockbuster Wegovy weight loss drug has received backing from the European Union's medical regulator to expand the medicine's use to include reducing the rise of serious heart events in overweight and obese adults. "The SELECT data demonstrated that in addition to helping people manage their weight, Wegovy has the potential to protect lives by reducing the risks of major adverse cardiovascular events." Novo Nordisk said it expects to implement the label update within a month. The company's CEO Thomas Schinecker welcomed positive early stage trial results from the firm's two weight loss drug candidates as showing "best in disease potential."
Persons: Wegovy, , Martin Holst Lange, Roche, Thomas Schinecker Organizations: Novo Nordisk, Novo, European Medical Agency, U.S . Food, Drug Administration Locations: Danish, U.S, Swiss
Hong Kong CNN —Ukraine’s Foreign Minister Dmytro Kuleba urged Hong Kong to prevent Russia from using the Asian financial hub to bypass Western sanctions during a visit to the city on Thursday. Kuleba “called on the Hong Kong administration to take measures to prevent Russia and Russian companies from using Hong Kong to circumvent the restrictive measures imposed for Russia’s aggression against Ukraine,” according to a statement from Ukraine’s Foreign Affairs Ministry issued after the minister met with Hong Kong leader John Lee. “These restrictive measures are necessary to weaken Russia’s capacity to wage war and kill people in Ukraine,” it added. In a statement, a spokesperson for the Hong Kong government told CNN on Friday that it “implements and strictly enforces” United Nations Security Council (UNSC) sanctions. However, international companies based in Hong Kong, including Chinese banks, have generally adhered to US sanctions to avoid any risk of being frozen out of the dollar dominated global financial system.
Persons: Hong Kong CNN —, Dmytro Kuleba, , Hong, John Lee, Hong Kong, Wang Yi, ” Kuleba, Wang Organizations: Hong Kong CNN, Hong Kong CNN — Ukraine’s, European Union, Hong, Ukraine’s Foreign Affairs, CNN, ” United Nations Security Council, UN, Assembly, UNSC, EU, Ukrainian Foreign Ministry, Kyiv, Beijing Locations: China, Hong Kong, Russia, United States, Ukraine, Russian, United Kingdom, Hong, Beijing, Moscow, Western, Guangzhou, Ukrainian
Earth’s Hottest Days Ever
  + stars: | 2024-07-25 | by ( ) www.nytimes.com   time to read: +1 min
This past Sunday was the warmest single day ever recorded, according to the Copernicus Climate Change Service, the European Union-funded research organization. That is, until Monday, when global temperatures inched up a bit more. Then Monday became the hottest day in modern history, with an average global temperature of 17.16 Celsius or 62.88 Fahrenheit. The previous record for the planet’s warmest day came last July. “What is truly staggering is how large the difference is between the temperature of the last 13 months and the previous temperature records,” said Carlo Buontempo, director of Copernicus.
Persons: , Carlo Buontempo, Copernicus Organizations: European Union
A worker, called 'torchers', works in a charcoal production during scorching heat exceeding 40 degrees Celsius in Diyarbakir, Turkiye on July 18, 2024. The world registered its hottest day on record for the second time in just two days, according to the latest data compiled by the European Union's climate monitor. C3S, which has been tracking the daily global mean temperature since 1940, said Sunday's record had already shown "we are now in truly uncharted territory." The EU's climate monitor has warned that new temperature records are inevitable as the planet keeps warming. The fresh all-time high comes as excessive heat has gripped large parts of the U.S., Russia and southern Europe in recent days.
Locations: Diyarbakir, Turkiye, U.S, Russia, Europe
In the capital Ankara, opposition parties are calling for mass deportations, and the government is calling on the Syrian regime it once sought to topple to help resolve the problem. Turkish President Recep Tayyip Erdogan is now publicly seeking a meeting with President Bashar al-Assad, the man he once labeled a terrorist, to reset relations. Before the Syrian civil war, the two leaders vacationed together, but years later, after the Syrian regime brutally crushed a public revolt, Erdogan sought to oust him from office and backed local forces fighting against him. Turkish troops remain in control of a swath of Syrian territory along the Turkish border where Syrian opposition groups are sheltering. Syrian opponents denounce the Turkish President's statements for normalization with the Syrian President Bashar al-Assad's regime in the city of Idlib, Syria on July 12.
Persons: CNN — It’s, Recep Tayyip Erdogan, Bashar al, Assad, vacationed, Erdogan, , ” Erdogan, , Bilal Bagis, “ It’s, ” Assad, Aaref Watad, Ali Yerlikaya, Ebubekir Hussamoglu, He’s, Anas, Mohammad Shbeeb, Abdullah Resul Demir, they’re, Shbeeb, didn’t, Cenk Ozatici, Iyi, Ozatici, Istanbul Mayor Ekrem Imamoglu Organizations: CNN, Turkish, International Refugee Rights Association, Ibrahim Usta, AFP, Getty, Party, European Union, Istanbul Mayor Locations: Turkey, Ankara, Turkish, Damascus, Syria, Afrin, AFP, Anatolian, Kayseri, Syrian, Antalya, Istanbul, Idlib, Gaziantep, Azaz, Ibrahim, Europe
Monday was most likely the hottest day ever recorded on Earth, with a global average of about 62.87 degrees Fahrenheit, or 17.15 degrees Celsius, preliminary data showed — beating a record that had been set just one day before. The data, released on Wednesday by the Copernicus Climate Change Service, a European Union institution that provides information about the past, present and future climate, caused alarm among some experts. Earlier this week, the service announced that Sunday had set a record, with a global average of about 62.76 degrees Fahrenheit, or 17.09 degrees Celsius. A day later it announced that Monday was the hottest day since at least 1940, when records began. Before this week’s back-to-back records, the previous record, 62.74 degrees Fahrenheit, or 17.08 degrees Celsius, was set last year, on July 6, besting a record that stood since 2016.
Organizations: European Union
But the more we compared the European college experience to that of the US, the more we were drawn to Europe. Going to college in Europe, however, would allow him to meet people of different backgrounds. After taking a gap year in 2021, Gavin decided to pursue a degree in Culinary Entrepreneurship at Technological University Dublin in Ireland. AdvertisementAs a Wyoming resident, Gavin would have paid $5,190 for tuition at the University of Wyoming, excluding other costs. However, he considered the University of New Hampshire, where tuition costs $36,170 yearly for out-of-state students, excluding housing and other fees.
Persons: , Jackie Baxa, Gavin, Baxa, Kaden, he's, we've, It's, He's, We've, Erin, eliam@businessinsider.com Organizations: Service, Business, Entrepreneurship, Technological University, European Union, Technological University of Dublin, Housing, University of Wyoming, University of New Locations: Spain, Seville, Europe, Jackson Hole , Wyoming, Technological University Dublin, Ireland, Dublin, Milan, Amsterdam, Wyoming, University of New Hampshire
Hungary has been stripped of the right to host a forthcoming gathering of European Union ministers due to its stance on the war in Ukraine. "We have to send a signal, even if it is a symbolic signal, that being against the foreign policy of the European Union ... has to have some consequences," Borrell told reporters in Brussels on Monday. Borrell said he had made the decision to hold the next gathering in Brussels after almost every EU foreign minister meeting on Monday was critical of Hungary's stated position on Kyiv, Russia and the war in Ukraine. Orban, who's seen as an ally of Russian President Vladimir Putin, has since provoked fury in Brussels by describing EU policy on Ukraine as "pro-war." He nevertheless told reporters that the move was not a "boycotting" of Hungary and that the country would be present at the next gathering.
Persons: Josep Borrell, Borrell, Hungary's, Viktor Orban, Orban, who's, Vladimir Putin, Péter Szijjártó, it's Organizations: European Union, EU, Hungary's, Reuters Locations: Hungary, Ukraine, Brussels, Budapest, Kyiv, Russia, China
CNN —For many nations — not least the US — the upcoming Paris Olympics will take place against a background of deep political and social division. If you saw any of the European Athletics Championships events last month, you may well have been struck, as I was, by just how many Black athletes featured on podiums. At the Summer Olympics, the USA team will also feature numerous Black athletes, including gymnast Simone Biles, sprinter Sha’Carri Richardson and the (current) fastest man on earth, Noah Lyles. As you watch the Olympics this summer, take note of the sports in which Black people represent the USA and European countries. So no, Black athletes are not naturally better at some sports — they take the narrower opportunities open to them and work incredibly hard on their self-belief to make it to that podium.
Persons: Keith Magee, Keith Magee Arron Dunworth Terry Shoemaker, Emmanuel Karalis, Malaika Mihambo, Nikolas Liepins, Simone Biles, Sha’Carri Richardson, Noah Lyles, Mujinga Kambundji, Italy's Zaynab, Ewa Swoboda, Artur Widak, Zaynab Dosso, Ana Peleteiro, Owen Ansah, Paola Egonu, Le, Aya Nakamura, Edith Piaf, disheartening misogynoir, Lewis Hamilton, Tiger Woods, Venus Williams, you’ll, , laud Organizations: University College London Institute for Innovation, Newcastle University Law School, CNN, Arizona State University, European Athletics, women's U.S, Getty, Summer, USA, Trump, European Union Agency for Fundamental Rights, Paris Olympics, Franco, United Nations, Serena Locations: Swiss, women's, Anadolu, Europe, Italy, Poland, Paris, France, Spanish, Italian, Nigerian, Malian
The world's average temperature climbed to its highest level ever recorded on Sunday, according to the European Union's climate monitor. "On July 21st, C3S recorded a new record for the daily global mean temperature," C3S Director Carlo Buontempo said Tuesday. "What is truly staggering is how large the difference is between the temperature of the last 13 months and the previous temperature records. C3S confirmed on Tuesday that Sunday's average temperature reflects a fresh high, in their records which stretch back to 1940. CS3 said there have now been 57 days since July 3 last year that have exceeded that previous record.
Persons: C3S, Carlo Buontempo, Buontempo
The planet saw its hottest day on record
  + stars: | 2024-07-23 | by ( Angela Fritz | ) edition.cnn.com   time to read: +3 min
CNN —Sunday was the hottest day in recorded history, according to preliminary data from a climate tracking agency monitoring temperatures since the mid-1900s. It’s the second consecutive year average global temperatures have crashed through shocking climate records and will not be the last, as planet-warming fossil fuel pollution drives temperatures to shocking new highs. July 21 clocked in at 17.09 degrees Celsius, or 62.76 Fahrenheit, and was the hottest day on Earth since at least 1940, according to the preliminary data from the European Union’s Copernicus Climate Change Service. Around a hundred cities across the US are experiencing their hottest start to summer on record, and swaths of southern Europe have been grappling with triple-digit temperatures. Global climate records are typically broken by tiny fractions of a degree, as was the case with this one: Sunday’s temperature was just 0.01 degrees Celsius above 2023’s record.
Persons: Sunday’s, , Carlo Buontempo, Copernicus, ” Buontempo, El Organizations: CNN Locations: Europe, Antarctica
Hungary's leader, Viktor Orbán, is notably warmer to Putin than many in Europe, leaving him isolated. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHungary's Prime Minister, Viktor Orbán, is being condemned by the European Union because of his close ties to Russia. Orbán was stripped of his right to host the EU's Foreign Affairs Council meeting in Budapest in August over his relationship with Russian President Vladimir Putin. The meeting, where EU foreign and defense ministers informally discuss international issues, is traditionally hosted by the rotating president of the EU Council, which for now is Hungary.
Persons: Josep Borrell, Viktor Orbán, , Orbán, Vladimir Putin Organizations: EU, Service, Hungary's, EU's Foreign, EU Council, Business Locations: Hungary, Brussels, Europe, European Union, Russia, Budapest
“I can say that all member states, with one single exception, were very much critical about this behavior,” he added. “European Union policy is not a pro-war policy. Borrell’s decision comes after European Council President Charles Michel firmly hit back at Orbán’s claim that the EU has led a “pro-war policy” in a letter published last week. “Russia is the aggressor and Ukraine is the victim exercising its legitimate right to self-defense. Russia is leading a war of aggression in blatant violation of international law, Ukraine’s territorial integrity and sovereignty in accordance with the UN Charter,” Michel wrote.
Persons: Viktor Orbán, ” Borrell, , , ” Borrel, Putin, Borrell’s, Charles Michel, ” Michel, Orbán, Vladimir Putin, Xi Jinping, Donald Trump, Orban, Ursula von der Leyen, ” Orban, Niamh Kennedy, James Frater, Amy Cassidy, Jennifer Hansler Organizations: London CNN, European Union, Union, European, EU, UN, Ukraine “, CNN Locations: Budapest, Brussels, Hungary, Ukraine, Hungary’s, Hungarian, Russia, Moscow, Beijing, Florida
Google scraps plan to remove cookies from Chrome
  + stars: | 2024-07-22 | by ( ) www.reuters.com   time to read: +3 min
The Google logo is seen in Las Vegas, Nevada, U.S. January 10, 2024. REUTERS/Steve Marcus/File Photo Purchase Licensing Rights , opens new tabCompanies Google Inc FollowAlphabet Inc FollowJuly 22 (Reuters) - Google is planning to keep third-party cookies in its Chrome browser, it said on Monday, after years of pledging to phase out the tiny packets of code meant to track users on the internet. "Advertising stakeholders will no longer have to prepare to quit third-party cookies cold turkey," eMarketer analyst Evelyn Mitchell-Wolf said in a statement. "Google's decision to continue allowing third-party cookies, despite other major browsers blocking them for years, is a direct consequence of their advertising-driven business model," Cohen said in a statement. Reporting by Yuvraj Malik and Jeffrey Dastin in San Francisco; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Persons: Steve Marcus, they'd, Anthony Chavez, Chavez, Evelyn Mitchell, Wolf, Lena Cohen, Cohen, Yuvraj Malik, Jeffrey Dastin, Devika Organizations: REUTERS, Google, Markets Authority, European Union, General Data Protection, CMA, Office, Electronic Frontier Foundation, Thomson Locations: Las Vegas , Nevada, U.S, San Francisco
Venezuelan opposition presidential candidate Edmundo Gonzalez and opposition leader Maria Corina Machado wave to supporters at the Central University of Venezuela UCV in Caracas on July 14, 2024. Analysts see those as the seeds of a pretext that Maduro could use to postpone or cancel the election at the last minute. Some have speculated that Maduro could use the crisis as an excuse to suspend the election. Supporters at a meeting with Venezuelan opposition presidential candidate Edmundo Gonzalez and opposition leader Maria Corina Machado at the Central University of Venezuela UCV in Caracas on July 14, 2024. Maduro currently faces drug trafficking and corruption charges in the US and is under investigation for crimes against humanity by the International Criminal Court.
Persons: Nicolás Maduro, Maduro, Edmundo Gonzalez Urrutia –, Hugo Chavez’s, Nicolas Maduro, Flores, Teresa Carreño, Jesus Vargas, , Edmundo Gonzalez, Maria Corina Machado, Pedro Rances Mattey, Gonzalez, Corina Yoris, Oswaldo Ramírez, ORC Consultores, , Juan Barreto, Chávez, Ryan Berg, They’re, Machado, Yoris, , Jimmy Carter –, Berg, ” Machado Organizations: CNN, of American, Teresa, Teresa Carreño Theater, International Monetary Fund, Central University of Venezuela UCV, Getty, Democratic, Venezuelan, Americas, Center for Strategic, International Studies, US, The Carter, European Union, CSIS, International Criminal, Socialist United Party Locations: Canada, United States, Caracas, Venezuela, Anadolu, , Agua, Maiz, AFP, Guyana
Several European nations have reintroduced or expanded compulsory military service amid Moscow’s mounting threat, part of a range of policies aimed at boosting defenses that are likely to be scaled up even further. Compulsory military service was reintroduced on January 1 this year, after being abolished in 2006. In the UK, the Conservatives floated the idea of military service in their ill-fated election campaign. In Lithuania, for instance, opinions about military service among students vary, said Paulius Vaitiekus, president of Lithuania’s National Students’ Union. However as an alliance we do not prescribe mandatory military service,” Dakhlallah said.
Persons: , Robert Hamilton, Vladimir Putin “, Wesley Clark, we’ve, Clark, , Arturs Pīlācis, Ints Kalnins, Jonas Gahr Støre, Jens Bartnes, ” Bartnes, Max Henrik Arvidson, Boris Pistorius, Thomas Frey, Sean Monaghan, Paulius Vaitiekus, Vaitiekus, Monaghan, Hamilton, it’s, ” Radebo, Mikael Sjoberg, Russia’s, Farah Dakhlallah, Dakhlallah, ” Dakhlallah, ” Monaghan, Donald Trump –, ” Clark Organizations: CNN, Foreign Policy Research Institute, US Army, Allied, Europe, NATO, ” Latvian, Reuters, European Union, Conservatives, Federal, of Defense, Eurasia Program, Center for Strategic, International Studies, Lithuania’s, ’ Union, Finnish Defence Forces, Swedish Armed Forces, Marinette, Ministry of Defense, Bloomberg, Getty Locations: Russia, Ukraine, Kyiv, Europe, Eurasia, Kosovo, Scandinavia, Latvia, , Riga, Norway, Norwegian, Germany, B'chel, Lithuania, Ukrainian, NATO, Finland, Soviet Union, Sweden, NATO’s, Swedish, Gotland, Visby, Moscow, Crimea
Turkish military helicopters fly over the military parade in the Turkish-occupied area of Nicosia on Saturday. Petros Karadjias/APPeace talks are now stalled at two seemingly irreconcilable concepts - Greek Cypriots want reunification as a federation. Turkish Cypriots want a two-state settlement. In Turkey, state television focused on violence against Turkish Cypriots prior to the invasion, particularly on bloodshed in 1963-64 and in 1967. Turkey’s invasion took more than a third of the island and expelled more than 160,000 Greek Cypriots to the south.
Persons: Recep Tayyip Erdogan, Kyriakos Mitsotakis, Petros Karadjias, Mitsotakis, ” Erdogan, Erdogan, , Nikos Christodoulides, Loukas Alexandrou Organizations: Reuters, Air, Turkish, NATO, UN, European Union, Cypriot, Turkish Cypriot Locations: Cyprus’s, Nicosia, Turkey, Greece, Turkish, Cyprus, , Britain, Republic of Cyprus, ” Turkey, Northern Cyprus
Bangladesh army enforces curfew as students-led protests spiral
  + stars: | 2024-07-20 | by ( ) www.cnbc.com   time to read: +3 min
Bangladesh students vowed on July 18 to continue nationwide protests against civil service hiring rules, rebuffing an olive branch from Prime Minister Sheikh Hasina who pledged justice for seven killed in the demonstrations. Bangladesh soldiers patrolled the deserted streets of the capital Dhaka on Saturday during a curfew meant to quell deadly students-led protests against government job quotas that have killed at least 105 people this week. In addition to the deaths, the clashes have injured thousands, according to data from hospitals across Bangladesh. With the death toll climbing and police unable to contain the protests, Hasina's government imposed the national curfew and deployed the military. Those venturing out on the streets had their identification cards inspected by army personnel at different check points, TV footage showed.
Persons: Sheikh Hasina, Hasina, Tarique Rahman, Nahid Islam Organizations: Overseas, Dhaka Medical College Hospital, Supreme, AFP, Bangladesh Nationalist Party . Police Locations: Dhaka, Bangladesh, Pakistan, Narsingdi, Spain, Brazil
By taking aim at the most powerful AI models, Labour would impose tighter restrictions on companies such as OpenAI, Microsoft , Google , Amazon , and AI startups including Anthropic, Cohere and Mistral. Matthew Houlihan, senior director of government affairs at Cisco, said any AI rules would need to be "centered on a thoughtful, risk-based approach." Even so, a U.K. AI law would be a step above the U.S., which currently doesn't have federal AI legislation of any kind. Sirion's Liu said one thing he's hoping the government doesn't do, is restrict open-source AI models. Herman Narula, CEO of metaverse venture builder Improbable, agreed that restricting open-source AI innovation would be a bad idea.
Persons: Keir Starmer's, King Charles III, doesn't, Starmer's, Matt Calkins, Appian, Lewis Liu, Liu, Rishi Sunak, Peter Kyle, Kyle, Zahra Bahrololoumi, Matthew Houlihan, Bill, Chris Holmes, Holmes, Matthew Holman, Cripps, Holman, Sirion's Liu, Herman Narula, Narula Organizations: Future Publishing, Labour, European Union, Microsoft, Google, CNBC, Conservative, BBC, AI Safety Institute, Cisco, Authority, EU, AI Safety, Tech, London Tech Week Locations: Jiangsu province, China, Ireland, Salesforce, U.S
However, Russia and Belarus are exceptions due to the invasion of Ukraine,” a Hiroshima city government spokesperson told CNN. Envoys from Russia and Belarus haven’t attended since Hiroshima excluded them in 2022 following Moscow’s invasion of Ukraine in February that year. Russia used Belarus as one of the launch pads for its assault and later moved some of its tactical nuclear weapons there. “As a city of international peace, Hiroshima city needs to invite all nations, regardless of whether they are at war or not,” said Kunihiko Sakuma, president of Hiroshima Hidankyo, an atomic bomb survivors’ advocacy group. Hiroshima authorities said they only send invitations to countries with embassies in Japan and have never invited Palestinian representatives to the ceremony.
Persons: haven’t, Israel, , Hiroshima’s, Belarus haven’t, Tetsuji Kumada, Khan Younis, Mohammed Salem, Fumio Kishida, Volodymyr Zelensky, Naoya Azuma, Kunihiko Sakuma, Yoko Kamikawa, Junko Ogura Organizations: Tokyo CNN —, CNN, , , European Union, Hiroshima’s, Russia, Hamas, Reuters, AP Japan, Kyodo, ” Kyodo, Mission of Locations: Tokyo CNN — Hiroshima, Gaza, Hiroshima, Israel, Russia, Belarus, Ukraine, , “ Russia, Nagasaki, Palestine, Japan, Israeli, Al, Khan, Reuters Japanese, Hiroshima Peace, Kyiv, Tokyo, Mission of Palestine
Paris CNN —A police officer was attacked and injured in central Paris on Thursday evening, as France ramps up security measures in the capital ahead of the 2024 Olympics. “A police officer was attacked in the eighth arrondissement of Paris while he was responding to a call from officers securing a store,” French Interior Minister Gérald Darmanin said in a post on X. The attack comes a week before the opening ceremony for the 2024 Paris Olympics. This is the second violent incident against French security agents this week, after a soldier was stabbed on Monday in a Paris train station. France has been strengthening security in the city ahead of the Olympics, which are expected to draw around 15 million visitors, according to the European Union.
Persons: Paris CNN —, , Gérald Darmanin, Charlie Hebdo Organizations: Paris CNN, Interior Ministry, CNN, Champs, Operation Sentinel, European Union Locations: Paris, France
"We're confronted by a deadly quartet of nations increasingly working together," he said, in comments reported by Sky News. The coalition described Moscow as having "shattered" peace and stability in the West and having "gravely undermined global security." Russia and North Korea deny arms transfers have taken place. Ian Bremmer, founder and president of Eurasia Group, said the latest NATO summit showed that the West and its opponents appeared to be positioning themselves in a "new Cold War posture." Russia, North Korea and Iran are already under substantial international sanctions, and those restrictions on trade and key sectors have arguably pushed them closer together.
Persons: George Robertson, We're, , Robertson, Russia's, Xi Jinping, Vladimir Putin, Pedro Pardo, Lin Jian, Ian Bremmer, Ed Arnold Organizations: State, Government, NATO, Government Summit, Washington DC, Anadolu, Getty, Sky News, Forum, International Cooperation, of, People, Afp, Ukraine, European Union, Eurasia Group, Alliance, European Security, International Security, Royal United Services Institute Locations: Washington, United States, Russia, China, North Korea, Iran, Beijing, Ukraine, Moscow, PRC, People's Republic of China, Europe
After a pandemic, a cost-of-living crisis and a major war in Europe, not many feel nostalgia for the past five years. Ursula von der Leyen soon might. On Thursday, Ms. von der Leyen, the president of the European Commission, secured European Parliament approval to lead the European Union’s executive branch for a second five-year term. With the war in Ukraine in its third year and the prospect of a second Trump administration looming, the world is becoming a very different place from the one Ms. von der Leyen has helped the European Union navigate since 2019. A German conservative politician, Ms. von der Leyen was confirmed after a decisive approval vote at the Parliament on Thursday.
Persons: Ursula von der Leyen, von der Leyen, messier, Trump Organizations: European Commission, European Union Locations: Europe, European, Ukraine, E.U
EU Commission head von der Leyen elected for second term
  + stars: | 2024-07-18 | by ( ) www.cnbc.com   time to read: +2 min
Ursula von der Leyen reacts after being chosen President of the European Commission for a second term, at the European Parliament in Strasbourg, France, July 18, 2024. European Commission President Ursula von der Leyen was elected for a second term on Thursday after pledging to create a continental "defence union" and stay the course on Europe's green transition while cushioning its burden on industry. It will decide whether we shape our own future or let it be shaped by events or by others," von der Leyen said ahead of a secret ballot on her candidacy. Von der Leyen, a centre-right former German defence minister, pledged to create "a true European Defence Union", with flagship projects on air and cyber defence. Von der Leyen also promised a raft of climate policies including a legally-binding EU target to cut emissions 90% by 2040, compared to 1990 levels.
Persons: Ursula von der Leyen, von der, von der Leyen, Von der, Von der Leyen, Viktor Orban's, Vladimir Putin, Donald Trump Organizations: European Commission, Green, Russia, European Defence Union, Hungarian, Defence, NATO, U.S Locations: Strasbourg, France, Ukraine, Moscow, Europe, United States
Chinese President Xi Jinping and former U.S. President Donald Trump in Beijing, China, in 2017. "So this is not going to be a sustainable driver of growth for China." China's exports to the U.S. rose by a modest 1.5% in the first half of the year. Citi forecasts 5.0% growth in real GDP growth for China this year. UBS forecasts 4.9% growth for China's economy this year.
Persons: Xi Jinping, Donald Trump, Artyom Ivanov, Goldman Sachs, Trump, JD Vance, Hui Shan, CNBC's, Janet Yellen, Vance, Biden, Mike Pence wouldn't, MAGA, Lin Jian, Goldman's Shan, Shan, Tao Wang Organizations: TASS, Getty, BEIJING, U.S, European, Citi, Fox News, Trump, Capitol, China's Ministry of Foreign Affairs, CNBC, UBS Investment Bank, UBS Locations: Beijing, China, U.S, European Union, Asia, Ukraine
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