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Mr. Trump is widely regarded around the world as a transactional leader. Chinese officials do see a potential upside if Mr. Trump pulls the United States back from its role as a global leader. But the Kremlin seems skeptical that Mr. Trump would actually push for such a deal, especially because of his track record: There was jubilation in Moscow when Mr. Trump won in 2016, but over the next four years, U.S. sanctions against Russia only increased, and Mr. Trump sent antitank weapons to Ukraine. On Wednesday, he quickly made clear that he would seek to have Mr. Trump on his side, as one of the first world leaders to congratulate Mr. Trump in a post on X. Mr. Trump has been effective in demanding more military spending from fellow NATO members, said Mr. Heisbourg.

Persons: David Pierson, Trump, Donald Trump’s, India Mujib Mashal, Narendra Modi, Trump’s, Africa Abdi Latif Dahir, —, Gaza Patrick Kingsley, Benjamin Netanyahu, Benjamin Netanyahu’s, Mr, Netanyahu, “, ”, Basem Naim, ” Read, Mexico Natalie Kitroeff, Claudia Sheinbaum, Read, Ukraine Anton Troianovski, J.D, Vance, Volodymyr Zelensky, Donald J, Somini Sengupta, NATO Steven Erlanger, Georgina Wright, Vladimir V, Putin, François Heisbourg, Heisbourg Organizations: The Times, Global, Trump, West Bank, Second Trump, NATO, Mr, Russia, Signals, U.S, Biden, International Studies, Institut Montaigne, Republican Locations: China, Beijing, United States, Taiwan, India, Asia, Africa, U.S, Russia, Niger, Chad, Israel, Gaza, Jerusalem, Iran, Mexico, Mexico City, Stake, Ukraine, Moscow, Kyiv, Paris, Europe, “, French

President Harris would probably put more pressure on Israel to reach a cease-fire and open up talks with the Palestinians. Ukrainians worry that a President Trump would force a quick and dirty peace deal favorable to Russia. They hope a President Harris would continue to support them on the battlefield. Under President Harris, that would probably mean continuity with the Biden administration policies that have become much more restrictive over time. Migrants from all over the world pass through Mexico to get to the U.S. border, and the United States can’t control the flow of migrants without Mexico’s assistance.

Persons: Israel Patrick Kingsley, Harris, Trump, Benjamin Netanyahu, Ukraine Anton Troianovski, Volodymyr Zelensky, Vladimir V, Putin, Biden, China Keith Bradsher, NATO Steven Erlanger, United States doesn’t, “ I’m, Ana Swanson, Donald Trump, haven’t, South Africa John Eligon, Biden —, Harris —, Mexico Natalie Kitroeff, Somini Sengupta Organizations: Trump, U.S, Manufacturing, NATO, The Times, Global, United, Biden Locations: Jerusalem, Israel, Gaza, Iran, Russia, Ukraine, Moscow, United States, America, Europe, China, Beijing, Taiwan, Japan, South Korea, Philippines, India, —, Hungary, Italy, Germany, South Africa, Johannesburg, Africa, Zambia, Indian, Brazil, Ethiopia, BRICS, Mexico, Mexico City, U.S

☆ Pichai-backed private banking firm talks about AI use
▼ + stars: | 2024-10-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPichai-backed private banking firm talks about AI useArta Finance CEO Caesar Sengupta talks about how artificial intelligence and technological advancements can open up the private banking space.

Persons: Caesar Sengupta

Across 100,000 acres in the vast agricultural heartland of Australia, an unusual approach is taking root to slow down the wrecking ball of climate change. Farmers are trying to tap the superpowers of tiny subterranean tendrils of fungus to pull carbon dioxide out of the air and stash it underground. It’s part of a big bet that entrepreneurs and investors around the world are making on whether dirt can clean up climate pollution. Like Loam Bio, companies like Andes and Groundworks Bio Ag are also experimenting with microbes. Silicate Carbon is milling leftover concrete into a fine powder, while several companies are scorching crop waste into charcoal.

Organizations: Farmers Locations: Australia, Australian, Mati

☆ Can Fees on Polluting Cars Clean the Air? London Has New Evidence.
▼ + stars: | 2024-07-26 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

When pollution meets politics, efforts to clean up the air in the world’s big cities can bring risks as well as wins. London and New York got a taste of it this week. London this week published data showing that the air is cleaner since its mayor, Sadiq Khan, made the politically contentious decision to expand fees on polluting cars and trucks driving into London. The air is measurably cleaner in outer London, where opposition to the expansion was robust. “The decision to expand the ULEZ was a difficult one, but the right one,” he said in a briefing with reporters, using the acronym for the low-emission zone.

Persons: Sadiq Khan, ” Organizations: London Locations: New York, London

☆ CNBC's Inside India newsletter: How will India spend its billions?
▼ + stars: | 2024-07-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

New Delhi, India – February 01: Finance minister, Nirmala Sitharaman, outside Finance Ministry on the Budget Day, with other members of Finance Ministry in New Delhi on February 01, 2024. (Photo by Hardik Chhabra/ The India Today Group via Getty Images)This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. There are high expectations for a "populist" budget since the recent general election results delivered a slimmer than expected win for Modi. The demands from the various members of the fragile alliance could mean the government opens the taps on welfare spending. Bank of America analysts, who are also open to the idea that the deficit may fall, believe it is "refreshing" to see a finance minister "under-promise, over-deliver."

Persons: Nirmala Sitharaman, Hardik Chhabra, Narendra Modi's, Premal Kamdar, Modi, Goldman Sachs, Santanu Sengupta, Sengupta, It's, Goldman, Staples, Adity Suresh, Aastha Gudwani Organizations: Finance, Finance Ministry, India Today, Getty, BJP, Modi, UBS Wealth Management, Bank of America, Reserve Bank of India, UBS, Kamdar, Columbia India Consumer ETF, Hindustan Unilever, Unilever, " Bank of America's, Central Public Sector Enterprises Locations: Delhi, India, New Delhi, Bihar, Hindustan, " Bank of America's India

☆ In New York, Protesting the Backers of Big Oil With Die-Ins, Drums and Song
▼ + stars: | 2024-07-11 | by ( Somini Sengupta | Cara Buckley | ) www.nytimes.com time to read: +1 min

They slather SPF 50+ on their toddlers’ legs under scorching sun before breaking out in song. They march joyously through the canyons of the Financial District while banging drums. The oldest among them lie down on the burning hot pavement and allow themselves to be dragged away by police. “Feel how hot it is,” said Leslie Stevens, 70, who joined a demonstration on Wednesday. “This is not a one-time thing.

Persons: ”, Leslie Stevens Organizations: Financial, Citigroup Locations: New York

☆ Can the Labour Party Bring Back Britain’s Green Groove?
▼ + stars: | 2024-07-05 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

Britain, the birthplace of the Industrial Revolution, erstwhile coal-burning imperial behemoth, wants to be a “clean energy superpower.”At least that’s the promise of the man poised to be the next prime minister, Keir Starmer. His Labour Party was projected to win the parliamentary elections on Thursday, ending 14 years of Conservative Party rule. Labour made big campaign promises on climate. It’s where the Industrial Revolution began in the 18th century, giving rise to a global economy driven by coal, oil and gas and with it, the emissions of planet-heating greenhouse gases. So the speed and scale of Britain’s energy transition is likely to be closely watched by other industrialized countries and emerging economies alike.

Persons: Keir Starmer Organizations: Labour Party, Conservative Party, Labour, Industrial Locations: Britain, It’s

☆ Three Ideas to Beat the Heat, and the People Who Made Them Happen
▼ + stars: | 2024-06-25 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

An app that helps people find relief from the heat. A tiny insurance policy that pays working women when temperatures soar. Local laws that help outdoor workers get water and shade on sweltering days. As dangerous heat becomes impossible to ignore, an array of practical innovations are emerging around the world to protect people most vulnerable to its hazards. Instead, they’re based on ideas that are practical and already known to work.

Persons: they’re Organizations: World Meteorological Locations: United States

☆ Heat Is Killing Thousands, and Big Events Have Not Adjusted
▼ + stars: | 2024-06-25 | by ( Damien Cave | Somini Sengupta | ) www.nytimes.com time to read: +1 min

At large events all over the world, the scenes of extreme heat stress are starting to look familiar. And lines of the faithful — whether they seek religion, music, ballot boxes or sport — sweating under slivers of shade. And in many ways, that heavy toll was just the latest sign that crowd control and heat waves fueled by climate change are on a dangerous collision course. During India’s recent election, dozens of poll workers died on the job. Even as heat kills more people today than any other extreme weather event, there is still a dangerous cultural lag.

Organizations: Boy Scouts Locations: Saudi Arabia, South Korea, Australia, Europe, North America

☆ Well Beyond the U.S., Heat and Climate Extremes Are Hitting Billions
▼ + stars: | 2024-06-21 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

All have died in blistering heat in recent weeks around the world, a harrowing reminder of the global dangers of extreme weather as a severe heat wave bears down on more than 70 million Americans this week. Dozens of cities in Mexico broke heat records in May and June, killing more than 100 people. Greece is bracing for wildfires this week, right after back-to-back heat waves killed several tourists. Extreme heat killed an estimated 489,000 people annually between 2000 and 2019, according to the World Meteorological Organization, making heat the deadliest of all extreme weather events. “Climate change may also drive food and water shortages and in turn civil unrest, and mass migration,” the report said.

Organizations: Pilgrims, Associated Press, Climate Central, World Meteorological Organization Locations: Mexico, India, Delhi, Greece, Bamako, Mali

☆ India wants to be a developed nation by 2047. Here are 4 critical areas Modi can't ignore
▼ + stars: | 2024-06-20 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +7 min

India has undergone a massive infrastructure push and has made significant strides in connecting and modernizing its highways, railways and airports. He's going to double down on that," said Samir Kapadia, CEO of India Index and managing principal at Vogel Group. "Along with creating physical infrastructure, India needs to remain steadfast on the structural reforms ... Increase foreign investmentsFrom veteran emerging markets investor Mark Mobius to global strategist David Roche, market experts remain bullish on India. Foreign direct investments into the country needs to however pick up pace to further drive economic growth and development, analysts told CNBC.

Persons: Vikram Singh, Narendra Modi, Modi, Reema Bhattacharya, Verisk, Modi's, he's, Samir Kapadia, Nirmala Sitharaman, Santanu Sengupta, Goldman Sachs, Sengupta, Richard Rossow, Kapadia, Sumedha Gupta, Vivek Prasad, Prasad, Mark Mobius, David Roche Organizations: Bharatiya Janata Party, BJP, Infrastructure, India Index, Vogel Group, Nurphoto, CNBC, Center for Strategic, International Studies, Padget Electronics, Dixon Technologies, Bloomberg, Getty, Research, India Electronics, Semiconductor Association, Economist Intelligence Unit, Centre, Monitoring, National Stock Exchange of, World Federation of Exchanges Locations: India, Asia, China, Mumbai, Noida, PwC India, National Stock Exchange of India

☆ Forget Nvidia: Wealth manager for the ultra-rich names 3 global stocks to buy instead
▼ + stars: | 2024-06-17 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Shares in Adobe jumped by 17% after its results announcement last week, and are up around 7% in the last 12 months. "The market is not seeing much potential in Adobe because Nvidia is making all these big future predictions and markets love that. HDFC Bank In India, the wealth manager is betting on financial firm HDFC , as the country — and the bank itself — prepares for growth. When asked how HDFC compares with competitors like ICICI Bank , Sengupta responded that the former's management is "very stable with consistent leadership and that puts them in good standing." Shares in the bank are up by just over 1% in the last 12 months, but are showing signs of picking up.

Persons: Dhruba Jyoti Sengupta, Sengupta, Davidson, Harley Davidson, HDFC Organizations: Nvidia, CNBC Pro, Wrise, Adobe, Harley, HDFC Bank, India, ICICI Bank, National Stock Exchange, U.S, India Financials Locations: Asia, East, Europe, Dubai, India, FactSet

☆ CNBC's Inside India newsletter: IPO boom looks to break new records
▼ + stars: | 2024-06-13 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

The spotlight has seemingly shifted in the past year toward companies going to market, hoping to ride on the coattails of India's growth story. Growing foreign listingsThe allure of India's stock markets has trickled to companies beyond its shores — with foreign entities eyeing a share of its growth. Such listings add strength to India's markets, says M&G Investment's Asian Equities Portfolio Manager Vikas Pershad. The optimism on India's IPO boom is sometimes marred by concerns over elevated valuations of its stock market — and whether it is headed toward a bubble. "When we look at India, we see continued economic and earnings per share growth and higher levels of profitability," Dorson from Global X told CNBC's Inside India.

Persons: Swiggy, Debarchan Chatterjee, Neil Bahal, Dhruba Jyoti Sengupta, Ola, PhonePe, Ola Electric, Sengupta, Vikas Pershad, Malcolm Dorson, CNBC's Organizations: Getty, Reliance Industries, Adani Enterprises, Mankind Pharma, Negen, Securities, Exchange Board, Wrise Private, Aakash Educational Services, Aakash Educational, Walmart, United Arab, Hyundai, Insurance Corporation of India, Maruti Suzuki, Hindustan Unilever, Siemens, ABB India, Global Locations: Kolkata, India, SEBI, United Arab Emirates, Sri Lanka, Hyundai India, India's, Maruti Suzuki India, Hindustan

☆ Goldman Sachs: There are 4 things to watch till India's central bank cuts interest rates
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs: There are 4 things to watch till India's central bank cuts interest ratesSantanu Sengupta of Goldman Sachs discusses the outlook for India's economy and his forecast for the Reserve Bank of India's monetary policy.

Persons: Goldman Sachs, Santanu Sengupta Organizations: Reserve Bank

India's stock market has been topsy-turvy in the past week. WealthMills Securities' equity market strategist Kranthi Bathini says "India's stock markets need stable policy continuity going forward." "The Union Budget has consistently increased allocations for infrastructure development. Strong digital economy and startup ecosystem Another longer-term theme on Sengupta's radar is the digital economy and startup ecosystem. Riding the consumer wave Aside from sectors poised for growth, WealthMills Securities' Bathini suggests looking out for names set to benefit from the strong consumer.

Persons: turvy, Narendra Modi's, Modi, Dhruba Jyoti Sengupta, Kranthi Bathini, Sengupta —, Sengupta, Bathini Organizations: Narendra Modi's Bharatiya Janata Party, BJP, Lok Sabha, Wrise, CNBC Pro, BSE, Bombay Stock Exchange, WealthMills Securities, Budget, Hindustan, Indian Railway Catering, Tourism Corporation, Indian, Construction, Titagarh, Systems, India, Canara Bank, Bajaj Finance, Securities, Hindustan Aeronautics, Tata Motors, Reliance Industries Locations: Lok, Asia, East, Europe, India, uptrend

☆ The World Heads to the Polls
▼ + stars: | 2024-06-06 | by ( Manuela Andreoni | ) www.nytimes.com time to read: +1 min

One of the busiest election cycles in history is coming to an end on Sunday. Hundreds of millions of people have gone to the polls in South Africa, India and Mexico in recent days, and millions more will do the same in the European Union this weekend. Today, I want to lay out some the most pressing environmental challenges in these areas, and what the results announced in the past few days point to. Keep in mind that whatever happens in the United States election in November will affect many of these countries, too. But his party didn’t win an outright majority and now needs coalition partners to stay in power.

Persons: Somini Sengupta, Narendra Modi “, ”, Modi Organizations: European Union, Bharatiya Janata Party Locations: South Africa, India, Mexico, European, United States

☆ The super-rich are moving cash to one city, wealth manager says, revealing how they're investing
▼ + stars: | 2024-06-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

"A lot of wealth, especially from ultra-high-net-worth individuals, is moving to Dubai," Dhruba Jyoti Sengupta, CEO of Wrise Private Middle East, told CNBC Pro on May 31. Sengupta — whose firm serves ultra-high-net-worth and high-net-worth individuals across Asia, the Middle East and Europe — said he regularly receives inquiries from individuals about investing in Dubai. The consultancy firm, which tracks private wealth and global investment migration trends, ranked it as the 21st wealthiest city in the world. "In fact, the super-wealthy do a lot of diversification and invest in different geographies and assets using Dubai as a gateway." Portfolio allocation Sengupta also revealed how individuals with around $10 million to invest typically allocate funds: $3 million (30%) in wealth accumulation.

Persons: Dhruba Jyoti Sengupta, Sengupta —, Europe —, Sengupta Organizations: Wrise, CNBC Pro, United Arab, Henley & Partners, Citibank Locations: India, South Korea, Dubai, Asia, East, Europe, Indonesia, United Arab Emirates, Africa

☆ Modi Will Feel the Heat in a Third Term. And Not Just Politically.
▼ + stars: | 2024-06-04 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

India, the world’s most populous country, is also among the most vulnerable to climate hazards. That’s not only because of the heat and floods that global warming has exacerbated, but also because so many of the country’s 1.4 billion people are vulnerable to begin with. Narendra Modi, the Hindu nationalist prime minister who claimed victory Tuesday for a third five-year term, will face major challenges fueled by climate change. The six-week process of voting took place amid a scorching heat wave in several parts of the country. He pointed out that workers from every political party suffer in the heat, and so do voters, who often have to line up under the sun.

Persons: Narendra Modi, Rohit Magotra Organizations: Reuters, Integrated Research, Development Locations: India, Bihar, Uttar Pradesh

☆ A Climate Scientist Is Voted President of an Oil Country. Now What?
▼ + stars: | 2024-06-03 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

Mexico is the world’s 11th-largest oil producer. Now, it’s elected as its president a woman with a rare pedigree: a left-of-center climate scientist with a doctorate in environmental engineering named Claudia Sheinbaum. She was mayor of Mexico City, a vibrant metropolitan area of 23 million that faces a dire water crisis. She helped write the Intergovernmental Panel on Climate Change reports, the sweeping United Nations documents that have warned the world about the hazards of burning fossil fuels. She’ll face the challenges of poverty, migration, organized crime and relations with the next president of the United States.

Persons: it’s, Claudia Sheinbaum, Sheinbaum, She’ll Organizations: United Nations, Energy Locations: Mexico, Mexico City, United States

☆ Payal Kapadia: India celebrates historic win at Cannes Film Festival
▼ + stars: | 2024-05-27 | by ( Rhea Mogul | ) edition.cnn.com time to read: +3 min

CNN —Filmmaker Payal Kapadia made history Saturday, as she became the first person from India to clinch the prestigious Grand Prix at the 77th Cannes Film Festival, the second highest prize after the Palme d’Or. It is the first Indian movie in three decades to compete in Cannes’ main competition. “Please don’t wait another 30 years to have an Indian film,” she said to the audience. “Indian stars shining bright… These women have scripted history, and inspired the entire Indian film fraternity,” he wrote on the platform. In 1947, filmmaker Chetan Anand took Cannes’ top prize for his film “Neecha Nagar,” becoming the only Indian to win the accolade.

Persons: Payal Kapadia, Palme, ” Kapadia, Greta Gerwig, Lily Gladstone, ”, Narendra Modi, ” Rahul Gandhi, India’s, Anasuya Sengupta, “, Chhaya, Divya Prabha, Stephane Cardinale, Corbis, Hridhu Haroon, Kartiki Gonsalves, Chetan Anand, Neecha, Kapadia Organizations: CNN, Prix, Cannes Film, Cannes, Indian National Congress, Grand, “ Salaam, Hollywood, Cannes ’ Locations: India, Mumbai, Cannes, “, “ Salaam Bombay, Kani, Indian

In Mexico City, one of the world’s largest cities, the struggle for water is constant. Poor planning, urban sprawl and scorching dry weather have strained the water supply. One key system may soon be unable to provide water.

Locations: Mexico City

☆ China Is Way Ahead in Green Energy. Here’s Why That’s Risky for the U.S.
▼ + stars: | 2024-05-08 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

The world’s two most powerful countries, the United States and China, are meeting this week in Washington to talk about climate change. In an ideal world, where the clean energy transition was the top priority, they would be on friendlier terms. Maybe affordable Chinese-made electric vehicles would be widely sold in America, instead of being viewed as an economic threat. Instead, in the not-ideal real world, the United States is balancing two competing goals. Its concern is that Chinese dominance of the global market for these essential technologies would harm the U.S. economy and national security.

Persons: Biden, John Podesta, Liu Zhenmin Locations: United States, China, Washington, America, Nevada, Beijing

☆ Scotland Made Big Climate Pledges. Now They’re ‘Out of Reach.’
▼ + stars: | 2024-04-19 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

Climate promises are hard to keep. Scotland is the latest, perhaps most surprising example. Scotland, an early industrial power and coal-burning behemoth, was also an early adopter of an ambitious and legally binding government target to slow down climate change. It had promised to pare back its emissions of planet-heating greenhouse gases by 75 percent by 2030, compared to 1990 levels. That is a sharp contrast to the bullishness of the Scottish government in 2021, when diplomats from around the world gathered in Glasgow for international United Nations climate talks.

Persons: pare, Màiri McAllan, Nicola Sturgeon Organizations: Scottish, United Nations Locations: Scotland, Britain, Glasgow

☆ Drought Pushes Millions Into ‘Acute Hunger’ in Southern Africa
▼ + stars: | 2024-04-18 | by ( Somini Sengupta | Manuela Andreoni | ) www.nytimes.com time to read: +1 min

An estimated 20 million people in southern Africa are facing what the United Nations calls “acute hunger” as one of the worst droughts in more than four decades shrivels crops, decimates livestock and, after years of rising food prices brought on by pandemic and war, spikes the price of corn, the region’s staple crop. Malawi, Zambia and Zimbabwe have all declared national emergencies. Its effects are all the more punishing because in the past few years the region had been hit by cyclones, unusually heavy rains and a widening outbreak of cholera. ‘Urgent help’ is neededThe rains this year began late and were lower than average. In February, when crops need it most, parts of Zimbabwe, Zambia, Malawi, Angola, Mozambique and Botswana received a fifth of the typical rainfall.

Organizations: United Nations Locations: Africa, Malawi, Zambia, Zimbabwe, Angola, Mozambique, Botswana

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