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Though Austria is a member of the European Union, its far-right party leading the polls has strong links with Russian President Vladimir Putin — the bloc’s arch nemesis. The chairman and top candidate of the Freedom Party of Austria Herbert Kickl waves to supporters after kicking off his party's electoral campaign on September 7, 2024 in Graz, Austria. Kickl’s vision is to build “Fortress Austria” and “Fortress Europe,” as he put it during a debate on Austrian public television Thursday night. In 2016, party leader Heinz-Christian Strache signed a formal “cooperation pact” with Putin’s United Russia party. The FPÖ’s return is far from certain, currently polling at 27%, narrowly ahead of the ruling Austrian People’s Party on 25% and the Social Democratic Party of Austria on 21%, according to European polling aggregator PolitPro.

Persons: that’s, Adolf Hitler —, it’s, Vladimir Putin —, Peter Filzmaier, Kerms, Herbert Kickl, ”, Hitler, Kickl, Freedom Party of Austria Herbert Kickl, Alex Halada, Nazi ”, “, Karl Nehammer, Andreas Babler, Joe Klamar, Gabriela Bacher, Donald Trump, Heinz, Christian Strache, Karin Kneissl, Putin, Strache, Victor Orban, Bacher Organizations: Freedom Party, NATO, Ukraine, Moscow, European Union, Gratz, Freedom Party of Austria, Getty, Immigrants, “, Austrian, Nazi, Austrian People’s Party, Social Democratic Party, NBC, Trump, NBC News, Putin’s United, Social Democratic Party of Austria Locations: Austria, Russia, Europe, Graz, AFP, East, North Africa, Jerusalem, Austrian, Vienna, American, Austrian Republic, Ukraine, Putin’s United Russia, Russian, Moscow, Slovakia, Hungary, Republic

☆ Marlene Engelhorn: Austrian pro-tax heiress gives wealth to social, climate, left-wing groups
▼ + stars: | 2024-06-18 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

Reuters —An heiress who has denounced the absence of taxes on wealth and inheritance in Austria has given the bulk of her money, 25 million euros ($27 million), to 77 organizations, including social and climate groups, as well as prominent left-wing ones. A spokesman said the 25 million euros was “the overwhelming bulk” of her wealth, though she retains an undisclosed sum. Engelhorn is a descendant of Friedrich Engelhorn, who founded German chemicals giant BASF in 1865. When Engelhorn-Vechiatto died in 2022, Marlene inherited a large sum. “Now, it is up to the political actors to do justice to what this group representative of the Austrian population has embodied,” Engelhorn said, calling for more debate on these issues.

Persons: Marlene Engelhorn, ” Engelhorn, ”, Engelhorn, Friedrich Engelhorn, Gertraud Engelhorn, Vechiatto, Marlene, Joe Klamar, Elisabeth Klein Organizations: Reuters, BASF, Concordia, Getty, Momentum Institute, Austrian Nature Conservation Federation Locations: Austria, Austrian, “, Vienna, AFP

“This is a clear violation of the basic principles for protecting Europe’s largest (nuclear power plant). No nuclear power plant in the world is designed to withstand full-fledged fire from the armed forces. Damage to infrastructure facilities may affect the safe operation of the NPP,” the statement added, using an acronym for the nuclear power plant. Petro Kotin, head of Ukraine’s nuclear power operator Energoatom, said they were initially forced to work at “gunpoint” by invading Russian troops. Grossi points on a map of the Zaporizhzhia nuclear power plant, March 2022 Joe Klamar/AFP/Getty Images/FileBut fighting continued to rage around the plant in the summer of 2022, to the grave alarm of the IAEA.

Persons: Rafael Grossi, ” Grossi, Dmitry Peskov, Andriy Yusov, ” Yusov, “, Petro Kotin, Joe Klamar, Grossi, Volodomyr Zelensky Organizations: CNN, United Nations, International Atomic Energy Agency, IAEA, Europe’s, Zaporizhzhia NPP, NPP, Defense Intelligence, Ukrainska Pravda, Ukrayinska Pravda, Ukrainian Armed Forces, Russian, Getty, Kremlin Locations: Ukraine, Russian, Russia, ”, Ukrainian, Europe, Zaporizhzhia, AFP, Nova, ZNPP

☆ Saudi Arabia is spending billions on sports, tech and everything in between for a post-oil world
▼ + stars: | 2023-09-10 | by ( Beatrice Nolan | Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

Saudi Arabia sparked international outrage in 2018 after Washington Post columnist Jamal Khashoggi was murdered at the Saudi consulate in Istanbul, and continues to face accusations of human rights violations. Despite this, little has been able to stop Saudi Arabia from exerting more and more influence on the global stage. GettyImages/Unsplash/NeomLike many countries, Saudi Arabia's economy suffered when the pandemic struck in 2020, but the only way has been up since then. Chris Trotman/LIV Golf via Getty ImagesBoth at home and far away, Saudi Arabia hasn't shied away from investing boatloads of cash. The total hit 32.2 million in May with a median age of 29, according to Saudi Arabia's General Authority for Statistics.

Persons: Prince Mohammed Bin Salman, Jamal Khashoggi, It's, Ahmed Jadallah, Saudi Arabia's, Sergio Garcia, Chris Trotman, LIV, Saudi Arabia hasn't, Yasir Al, Jasmin Merdan, Abdullah Al, Prince Abdulaziz bin Salman al, Saud, JOE KLAMAR Organizations: Service, Washington Post, Bank, IMF, REUTERS, Saudi Aramco, King, King Abdullah Economic City, Getty, Public Investment Fund, MBS, Newcastle United, LIV, PGA, Saudi, Reuters, Saudi Arabia's, Authority, Statistics, Gulf States Energy, United Arab Emirates, Arab League Locations: Saudi Arabia, Wall, Silicon, Gulf, Saudi, Istanbul, Gulf Kingdom, Ahmed Jadallah Saudi Arabia, King Abdullah, Jasmin Merdan Saudi's, Riyadh, Arab, Vienna, AFP, Kuwait, UAE, Qatar

☆ Zaporizhzhia: Ukraine warns Russia might blow up nuclear power plant. How worried should we be?
▼ + stars: | 2023-07-05 | by ( Christian Edwards | ) edition.cnn.com time to read: +10 min

CNN —Russian troops have placed “objects resembling explosives” on roofs at the Zaporizhzhia nuclear power plant (ZNPP), Ukrainian President Volodymyr Zelensky said in a video address Tuesday that instantly sparked concerns around the world. That is, Russia may claim that any explosion at the power plant was the result of reckless Ukrainian shelling, rather than its own explosives. Grossi points on a map of the Zaporizhzhia nuclear power plant, March 2022. “The whole thing was saying: Russia’s basically going to have to kill me, in order for me not to make this nuclear power plant more safe. The Zaporizhzhia plant seen from the banks of the Dnipro on June 16, after the Nova Kakhovka dam collapse.

Persons: Volodymyr Zelensky, Zelensky, Vladimir Putin, Zaporizhzhia, “, Kyrylo Budanov, ”, ” Karolina Hird, Dmitry Peskov, ” Peskov, –, Rafael Grossi, Petro Kotin, Joe Klamar, William Alberque, ” Alberque, Russia’s, Alberque, Alina Smutko, ” Cheryl Rofer, Stringer, Xi Jinping, Putin Organizations: CNN, Kremlin, Institute for, International Atomic Energy Agency, IAEA, United Nations, Russian, Grossi, Getty, Technology, International Institute for Strategy Studies, CAN, Los Alamos National Laboratory, Rescuers, Reuters, Russia, Financial Times Locations: Ukrainian, Russia, Ukraine, Zaporizhzhia, Zaporizhzhia oblast, Kyiv, Europe –, Dnipro, Enerhodar, Russian, AFP, Nova, Moscow, ZNPP, Pennsylvania, India, Pakistan

☆ OPEC says oil demand will hit 110 million barrels per day in 2045
▼ + stars: | 2023-06-26 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

In October last year, the oil cartel announced its decision to cut output by two million barrels per day. Joe Klamar | Afp | Getty ImagesKUALA LUMPUR — Global oil demand will rise to 110 million barrels a day in about 20 years, pushing the world's energy demand up by 23%, said OPEC on Monday. "In our worldwide outlook, we see global oil demand rising to 110 million barrels a day by 2045," he said, adding that oil will still comprise about 29% of the energy mix by then. Stock Chart Icon Stock chart iconThe forecast contradicts the International Energy Agency's predictions of annual demand growth thinning down from 2.4 million barrels per day in 2023 to 400,000 barrels per day in 2028. Two weeks ago, the IEA projected that global oil demand will increase 6% from 2022 to 105.7 million barrels per day in 2028 on the back of petrochemical and aviation sectors.

Persons: Joe Klamar, Haitham Al Ghais, Al Ghais, Al Ghais OPEC's Organizations: Afp, Getty, of, Petroleum, Energy Asia, International Energy, IEA, Gas Locations: OPEC, KUALA LUMPUR, Malaysian, Kuala Lumpur

CNN —A statue of an antisemitic politician who is said to have inspired Adolf Hitler is to be tilted 3.5 degrees to the right. In 2012, a section of the Ringstrasse, the city’s central boulevard, that had borne Lueger’s name since 1934, was renamed Universitätsring. Debate over the future of the statue, which was erected in 1926, has been raging for years. The future of the statue, which has been repeatedly defaced, has been hotly debated in Vienna. He was therefore one of Hitler’s teachers,” Ariel Muzicant, president of the European Jewish Congress and former president of the Jewish Community of Vienna, told CNN in an email.

Persons: Adolf Hitler, Karl Lueger, Karl Lueger Platz, Austrian Hitler, Mein, ”, Lueger, Klemens Wihlidal, JOE KLAMAR, Wihlidal, ” Ariel Muzicant, ” Oskar Deutsch, —, “ Organizations: CNN, Getty, Public Art, European Jewish Congress, Jewish, of, antisemites Locations: Vienna, Austrian, Lueger, Viennese, AFP, of Vienna, Austria

☆ Saudi Arabia to slash oil production again as OPEC+ extends supply curbs
▼ + stars: | 2023-06-04 | by ( Mark Thompson | ) edition.cnn.com time to read: +4 min

“The Kingdom [of Saudi Arabia] will implement an additional voluntary cut in its production of crude oil, amounting to one million barrels per day, starting in July for a month that can be extended,” the state-owned Saudi Press Agency said Sunday. The Saudi statement followed a meeting Sunday in Vienna of the alliance known as OPEC+, which includes members of the Organization of the Petroleum Exporting Countries (OPEC), Russia, and other smaller producers. At the meeting, Riyadh also agreed to extend a production cut of 500,000 barrels per day — announced in April — through 2024. Other members of OPEC+ would also continue to curb output until the end of next year, Reuters reported. Oil prices surged after the surprise April cut, reaching a peak later that month, but reversed course in subsequent weeks.

Persons: —, Alexander Novak, Saudi Ministry of Energy “, Brent, Energy Prince Abdulaziz bin Salman, Joe Klamar, “, ”, …, ” Prince Abdulaziz bin Salman Organizations: London CNN, Saudi Press Agency, Organization of, Petroleum, Reuters, Saudi Ministry of Energy, OPEC, Federal, Saudi, Energy, Bloomberg, Wall Street Journal Locations: Saudi Arabia, OPEC, Saudi, Vienna, Russia, Riyadh, —, Moscow, Ukraine —, AFP, Qatar, United States, China, Germany, Europe’s

☆ OPEC+'s mixed messages, recession fears make it too early to buy the dip on our oil stocks
▼ + stars: | 2023-05-31 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +4 min

A slide in crude oil prices has weighed on the Club's three energy holdings. Brent crude — the global oil benchmark — and West Texas Intermediate Crude, the U.S. oil standard, have fallen roughly 7% and 8%, respectively, over the past week. @CL.1 5D mountain West Texas Intermediate crude prices over the past five days. In those instances, Gabelman said he thinks oil prices are unlikely to react significantly. In sum, we find the situation leading up to the OPEC+ meeting too murky to make a move on our oil stocks, despite their recent swoon.

Persons: Saudi Arabia — OPEC's, —, Prince Abdulaziz bin Salman, Alexander Novak, Jason Gabelman, Gabelman, We're, Jim Cramer's, Jim Cramer, Jim, Joe Klamar Organizations: of Petroleum, Russian, Brent, West, Energy, Natural Resources, Halliburton, HAL, Texas, Cowen, CNBC, OPEC, AFP, Getty Locations: OPEC, Saudi Arabia, Russia, Saudi, West Texas, U.S, Covid, Europe, Austrian, Vienna, Austria

☆ Pope Benedict's Life, Leadership and Resignation
▼ + stars: | 2022-12-31 | by ( ) www.wsj.com time to read: 1 min

Benedict's pontificate was marred by the spread of a clerical sex-abuse scandal around the world and other crises. Many abuse victims criticized him for failing to discipline church leaders who had covered up abuse. Pope Benedict during a visit to his native Bavaria in 2006. Joe Klamar/DDP/Agence France-Presse/Getty Images

☆ The G-7 may cap Russia's oil price — but it won't dent Moscow's war chest, analysts say
▼ + stars: | 2022-11-25 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

(Photo by JOE KLAMAR / AFP)The Group of 7 nations are in talks to cap Russian oil at $65 and $70 a barrel — but analysts say it likely won't have a significant impact on Moscow's oil revenues even if it's approved. Russia has threatened to it will not supply oil to countries setting and endorsing the price cap. In a note on Thursday, he said that current Russian oil shipments face minimal disruption from the European Union denying shipping and insurance services. He agreed that the discussed price cap won't make much of a dent or deter Moscow in its war against Ukraine. "Russia's seaborne oil exports have increased to China, India and Turkey at the expense of advanced economies following the Ukraine war," he added.

☆ Qatar makes World Cup debut in a controversial tournament of firsts
▼ + stars: | 2022-11-20 | by ( Ben Church | ) edition.cnn.com time to read: +8 min

Doha, Qatar CNN —There have been 21 editions of the men’s World Cup since its inauguration in 1930 but Qatar 2022 is set to be a tournament like no other. Since it was announced as the host city almost 12 years ago, it was always destined to be a World Cup of firsts. Seventy percent of the squad that won the trophy came through the academy, and that number has only increased heading into the World Cup. Female officialsQatar 2022 will also see female referees officiate a men’s World Cup match for the first time. Referee Yoshimi Yamashita will make her debut at the men's World Cup.

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