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U.S. Treasury Secretary Janet Yellen on Monday said she would not rule out any measures, including potential tariffs, on China's green energy exports. "I wouldn't rule out anything out at this point. "I'm not thinking so much of export restrictions, as some shifts in their macroeconomic policy, and a reduction in the amount of, particularly local government subsidies, to firms," Yellen said. Washington's anxiety is shared by U.S. allies including Japan and Europe, as a glut of cheap Chinese products, such as solar panels, has flooded their markets. "It's fine for China's firms to export in this industry, to develop it.

Persons: Janet Yellen, CNBC's Sara Eisen, Yellen, White, they're Organizations: Treasury Locations: Washington, China, Beijing, Guangzhou, U.S, Japan, Europe

Just_super | E+ | Getty ImagesThe European Union's parliament on Wednesday endorsed the world's first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment. President of the European Parliament, Roberta Metsola, described the act as trail-blazing, saying it would enable innovation, while safeguarding fundamental rights. "Artificial intelligence is already very much part of our daily lives. Born in 2021, the EU AI Act divides the technology into categories of risk, ranging from "unacceptable" — which would see the technology banned — to high, medium and low hazard. "The AI Act is not the end of the journey, but, rather, the starting point for a new model of governance built around technology.

Persons: Thierry Breton, Roberta Metsola, Dragos, Tudorache Organizations: Intelligence, Wednesday, EU, European, Union, Digital Markets, — U.S, Apple, Meta, Microsoft, Google, Nvidia Locations: Europe, Germany, France, U.S, India

☆ Ukraine war live updates: Russia's Medvedev cites risks of nuclear war; Moscow calls loss of Wagner forces 'no threat' to combat abilities
▼ + stars: | 2023-07-03 | by ( Karen Gilchrist Ruxandra Iordache | Karen Gilchrist | Ruxandra Iordache | ) www.cnbc.com time to read: 1 min

Moscow's combat position in the war in Ukraine will not be impacted by the loss of troops belonging to Russian paramilitary group Wagner, according to a senior Russian defense official. Wagner forces were integral to Moscow's advance in Kyiv before the group staged an attempted insurrection at the end of last month, damaging relations with the Kremlin's top military brass irreconcilably. The failed rebellion propelled Wagner leader Yevgeny Prigozhin into exile in Belarus and the militia group said it has now suspended recruitment as it relocates to the country.

Persons: Wagner, Yevgeny Prigozhin Locations: Ukraine, Russian, Kyiv, Belarus

In an exclusive interview with Reuters, former U.S. President Donald Trump said that Russia's President Putin had been "somewhat weakened" by Wagner forces' aborted mutiny over the weekend. Trump, a longtime admirer of Putin, said however that the Russian president remained "strong," and noted that an alternative leadership could be "better, but it could be far worse." "You could say that he's [Putin] still there, he's still strong, but he certainly has been I would say somewhat weakened at least in the minds of a lot of people," he told Reuters in a telephone interview on Thursday. Trump also said that now was the time for the U.S. to broker a peace agreement between Moscow and Kyiv. You need the right mediator, or negotiator, and we don't have that right now," he said.

Persons: Donald Trump, Putin, Wagner, he's, Trump, Joe Biden, Volodymyr Zelenskyy, they've, — Karen Gilchrist Organizations: Reuters, Trump Locations: Russian, Moscow, Kyiv, Russia

☆ Ukraine war live updates: Wagner forces will no longer fight in Ukraine; Prigozhin retreat deal terms could still be under discussion
▼ + stars: | 2023-06-29 | by ( Karen Gilchrist Ruxandra Iordache | Karen Gilchrist | Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

NATO member states must agree on a clear route for Ukraine's membership of the military alliance when they meet at a summit next month, Estonia's Prime Minister Kaja Kallas said on Thursday. "The only security guarantee that really works, and the cheapest security guarantee that really works is NATO membership," Kallas told reporters ahead of a summit with other European Union government leaders in Brussels. Speaking at the same summit earlier Thursday, Dutch Prime Minister Mark Rutte said that the EU still needed to decide what further security assurances it wishes to provide to Ukraine. We will have to discuss how far it goes, and if it would be lethal or non-lethal support. And we have to take into account that several EU countries are not a member of NATO," Rutte said.

Persons: Kaja Kallas, Kallas, Mark Rutte, Rutte, — Karen Gilchrist Organizations: Estonia's, NATO, European Union, Dutch, EU Locations: Brussels, Ukraine

☆ Ukraine war live updates: Russia carries out intense missile and drone strike overnight; Russia's Medvedev says conflict could last decades
▼ + stars: | 2023-05-26 | by ( Amanda Macias Karen Gilchrist Ruxandra Iordache | Amanda Macias | Karen Gilchrist | ) www.cnbc.com time to read: +1 min

The entrance of the "PMC Wagner Centre," associated with Wagner Group founder Yevgeny Prigozhin, during the official opening of the office block on National Unity Day, in St. Petersburg, on Nov. 4, 2022. The head of Russian private military company, the Wagner Group, said his fighters are beginning to withdraw from Bakhmut in eastern Ukraine. "PMC 'Wagner' began the withdrawal of units from Bakhmut," a message posted on Wagner Group chief Yevgeny Prigozhin's Concord Group Telegram channel said. "We're withdrawing our units from Bakhmut today, now it's 5am, 25 May, "Prigozhin said, although NBC was unable to verify if the footage had been filmed in Bakhmut. He said his forces would have a "new objective" after having a rest following prolonged fighting in Bakhmut.

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