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Northvolt, a key battery producer for Europe's electric vehicle industry, announced Monday that it plans to cut jobs, shut down one of its sites, and enter into discussions with partners and investors to secure the future of a facility in Poland. Based in Stockholm, Sweden, Northvolt is one of Europe's most valuable privately-held tech firms that builds lithium-ion batteries for the electric vehicle industry. The battery maker cited a "challenging macroeconomic environment and our subsequent reassessment of Northvolt's near-term priorities" as the key reasons behind its decision to embark on the cost-cutting drive. Northvolt has faced a litany of pressures in recent months — not least the demand challenges facing the broader electric vehicle industry. BMW said at the time that the deal had been cancelled due to Northvolt being unable to deliver on time.
Persons: Northvolt, Peter Carlsson Organizations: Volkswagen, Volvo, Alternative Fuels, BMW, EV Locations: Poland, Stockholm, Sweden, Europe
The Stockholm International Water Institute (SIWI), a non-profit with expertise in water governance, has said that even amid a possible rise in social conflicts and violence, "water can be a bridge to peaceful negotiations rather than a trigger or weapon of war." The severity of the global water crisis has been further underlined by an alarming rise in the number of security incidents. Egypt-Ethiopia tensionsVillanova University's Galgano identified nine international river basins as flashpoints in which conflict is either already taking place or the potential for armed conflict is high. These included the Nile Basin in Africa, the Tigris-Euphrates River Basins of southwestern Asia and the Helmand and Harirud Rivers along the border of Afghanistan and Iran. Major international river basins in conflict.
Persons: Hamed, Francis Galgano, You've, you've, Galgano, Idrees Mohammed, Villanova University's Galgano, Harirud Rivers, GERD, They've, Recep Tayyip Erdogan, Hussein Faleh Organizations: Afp, Getty, Villanova University in, CNBC, Department, Environment, Villanova University, Stockholm International Water Institute, World Resources Institute, Bharatiya Janata Party, BJP, Control, Villanova Locations: Lake Urmia, Iran, Villanova University in Pennsylvania, transboundary, Stockholm, Bengaluru, Mexico's, Tehran, India, Egypt, Ethiopia, Africa, Asia, Helmand, Harirud, Afghanistan, Turkey, Syria, Iraq, Iraq's, Basra
Jessica Gow | Afp | Getty ImagesRussia's ongoing war in Ukraine has resulted in a profound shift in the way defense stocks are viewed by mission-driven fund managers, according to two European defense giants. Defense stocks have typically been excluded from portfolios based on environmental, social and governance (ESG) factors due to ethical concerns over their association with warfare. Nonetheless, the inclusion of defense stocks in sustainably-minded portfolios remains controversial. It's really important that we see the role that defense companies play in protecting a free society. It's really important that we see the role that defense companies play in protecting a free society," he said.
Persons: Micael Johansson, Jessica Gow, Johansson, CNBC's Silvia Amaro, It's, Brad Greve, BAE Systems Johansson, hasn't, Ida Kassa Johannesen, Johannesen, Justin Tallis, Saab's Johansson, ESG, John Keeble, Greve Organizations: Saab, Afp, Getty, BAE Systems, Ukraine —, Saxo Bank, CNBC, Democratic, U.S, Republican, Democrats, Malloy Aeronautics, British Aerospace BAE Systems, Farnborough, Exhibition, Conference Centre Locations: Stockholm, Ukraine, Africa, Democratic Republic, Congo, Palestine, London, Farnborough, England
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN —In travel news this week: an accidental megadeal on first-class tickets, the world’s best-connected airport and why now is a good time to plan a trip to Europe. Goodbye to EU passport stampsPaper mementoes of our travels, from boarding cards to even passports themselves, are fast moving into obsolescence. Whether you’re off to Greece, Asia or the Middle East, you’ll likely find a use for these 45 best-selling travel accessories.
Persons: Il dolce, , Lucy Laucht, it’s, you’ll, Hell Organizations: CNN, Labor, European Union Schengen Area, Aviation, Australian, Qantas, CNN Travel, Duluth Locations: Europe, Naples, Ischia, Puglia, Amalfi, Hungary, Gresham, Budapest, Stockholm, Greece, Northeast Asia, Abu Dhabi, Asia, Duluth, Minnesota, Duluth , Minnesota, United States, Lake Superior, Japan, Chile
On a late afternoon in May, pop and classical music luminaries gathered in the neo-Gothic sanctuary of a 19th-century church-turned-Soho House in Stockholm. With drinks in hand, they listened as the media personality Cilla Benkö asked Esa-Pekka Salonen, “So what’s going on in your head at the moment?”“Well, I’m at a crossroads,” said Salonen, the composer and conductor, who is a year away from becoming a free agent for the first time in decades. “I’m kind of figuring out what to do, if anything.”Salonen is in a good position to choose what comes next. He is a conductor at the top of his field, and the kind of composer who can bring on not just one high-profile commissioner but several for each new piece he writes. The day after his interview with Benkö, he received the Polar Music Prize, an honor that has been called the Nobel Prize of music, directly from the hands of the Swedish king.
Persons: Cilla Benkö, Esa, Pekka Salonen, , , Salonen, ” Salonen, Benkö Organizations: Soho House, Polar Locations: Stockholm, Swedish
The only certainty about Summer Olympics weather is that there’s really no certainty at all. In other words, holding the Summer Games in these cities would be a huge health risk for the athletes. The Games held in 1996 in Atlanta simply wouldn’t be possible in 2050. They may not againSome of the cities that have already hosted the Summer Games will be way beyond safe temperatures by 2050. Beijing, which hosted in 2008, would be much too hot and humid, with heat stress forecast to soar past 90 degrees.
Persons: CarbonPlan, Spain’s, Oriana Chegwidden, , It’s, , exertional, Yuri Hosokawa, Exertional heatstroke, they’re, ” Hosokawa, Hosokawa, Organizations: CNN, Olympics, Brisbane, Doha, Southern, Waseda University Locations: CarbonPlan, Gulf of Mexico, Florida, Texas, Atlanta, China, Beijing, Shanghai, Hong Kong, Southeast Asia, Sydney, di Janeiro, Europe —, London, Oslo, Stockholm, Palermo, Sicily, Spain’s Seville, Los Angeles, Australian, Queensland, Brisbane, India, Ahmedabad, Indonesia, Nusantara, Qatar, Turkey, Istanbul, Poland, Chile, Warsaw, Santiago, Doha, Athens, Rome, Tokyo, Seoul, Barcelona, Australia, Rio de Janeiro, Sapporo, Japan
A third teenager has been arrested in connection with a foiled attack on now-canceled Taylor Swift concerts in Vienna. The foiled attack was planned for Thursday or Friday, according to Austria’s interior minister, Gerhard Karner. Taylor Swift fans gather in Vienna. Authorities display a photo of a man arrested in connection with a plot to attack Taylor Swift's Eras Tour in Vienna, Austria. The U.S. State Department and the broader U.S. government have been in contact with Austrian officials about the alleged plot, State Department spokesperson Matthew Miller said.
Persons: Taylor Swift, Gerhard Karner, Karner, Ernst Happel, Thomas Kronsteiner, Karl Nehammer, , ” Nehammer, it’s, ” Swift, Sadiq Khan, We’re, ” Khan, Swift, , Southport , England Peter Powell, , Omar Haijawi, Franz Ruf, Taylor, Roland Schlager, Pirchner, Matthew Miller, “ Taylor, Pedro Gomes, TAS24, Elle, Magnus Ranstorp Organizations: Austrian, Authorities, Islamic State, Investigators, Ernst, London’s Wembley, London, Manchester Arena, Getty, Islamic, of State Security, Intelligence, Ministry of, Interior, CIA, U.S . State Department, State, ” Barracuda, Barracuda Music, Estadio da Luz, Las, Strip, Swedish Defense University, Associated Press Locations: Vienna, al Qaeda, Europe, Gelsenkirchen, Austria, Ariana Grande, Manchester, England, Southport , England, AFP, Ternitz, Austrian, Lisbon, Portugal, United Kingdom, Stockholm
Prior to the company’s demise, it had looked like Europe was poised for something of a night train revolution. Despite this demand, the hurdles for startups like Midnight Train trying to enter the market to meet it remain virtually insurmountable. Formidable obstaclesEuropean Sleeper is one of the few new night train operators to begin services, but the company has struggled to find rolling stock. “Politicians must be clear: the night train market will be effectively closed for a very long time,” he says. With the honorable exception of Nightjet, which plans to expand rapidly over the next five years, European night train services have yet to match the hype.
Persons: Adrien Aumont, Eva Plevier, Alex Halada, , ÖBB, Nick Brooks, , , Bart Biesemans, ” Brooks, Mark Smith, Robert Nemeti Organizations: CNN, Trains, Midnight Trains, Regiojet, Compagnie Internationale des, Orient Express, Getty, Austrian Federal Railways, Reuters, Barcelona, European Union, Swiss Federal Railways, Deutsche Bahn, Italian State Railways, Formidable, EU Locations: Europe, Stockholm, Denmark, Germany, Czech, Czechia, Slovakia, Ukraine, Prague, Croatia’s, Brussels, Amsterdam, Berlin, , France, Barcelona, AFP, Spanish, Paris, Milan, Venice, Florence, Rome, Hamburg, Copenhagen, Madrid, Porto, Edinburgh, Anadolu, Vienna, Austria, Italy, Hungary, Poland, Belgium, Netherlands, Sweden, Sicily, Messina, Europe’s
What are the economics of war?
  + stars: | 2024-08-07 | by ( Gaelle Legrand | ) www.cnbc.com   time to read: +1 min
Last March, Thierry Breton, the EU's commissioner for internal market, advocated for a shift of the European defense industry toward a war economy. Europe is facing an "existential threat," he said, as the Commission announced a new defense strategic plan, with a minimum of €1.5 billion ($1.6 billion) subsidy to boost the continent's war machine. In Germany, arms maker Rheinmetall inaugurated a new factory in February that will produce artillery ammunition, explosives and rockets. Aerospace and defense company Kongsberg also opened a new anti-ship and cruise missile manufacturing plant in Norway last June. Watch the video above to learn more about the economics of war.
Persons: Thierry Breton Organizations: Commission, Rheinmetall, Aerospace, Kongsberg, Stockholm International Peace Research Institute Locations: Europe, Germany, Norway, Stockholm
My husband and I traveled from Stockholm to Helsinki on the Viking Cinderella overnight ferry. We paid about $239 to upgrade to a seaside premium cabin, which had a bed, couch, and window. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTo visit Finland — named the happiest country for many years in a row — my husband and I traveled by ferry. We boarded the Viking Cinderella in Stockholm, which departed at 4:30 p.m. and arrived in Helsinki at 10 a.m. the next day.
Persons: , Finland —, could've Organizations: Service, Business Locations: Stockholm, Helsinki, Finland
Manchester-based VSim is raising funding from EQT Ventures. VSim, founded by former Nvidia engineers, focuses on simulation infrastructure for computing. AdvertisementVSim, a Manchester, UK-based startup, is raising funding from EQT Ventures, Business Insider has learned. VSim's funding round, which is listed as its first round per PitchBook, is led by Stockholm-based EQT Ventures, four sources familiar with the company told Business Insider. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Manchester, EQT Ventures, VSim, Nvidia, Service, Business Locations: Manchester, UK, Stockholm
Even if she's not singing about money specifically, Swift's lyrics also inspire financial lessons we can learn from. But take inspiration from Swift — "It only hurts this much right now … Breathe in, breathe through, breathe deep, breathe out." As you're building your financial plan and reviewing your budget data, keep an eye out for common bad financial habits that you can correct or modify. And if you're looking for more to do, google "free fun things" in your area. Baby, we're the new romantics, the best people in life are free."
Persons: Taylor Swift, Michael Campanella, tas24, she's, Swift, you'll, Lean, Noam Galai Organizations: Friends Arena, Getty, Letzigrund Zürich Locations: Stockholm, Sweden, Zurich, Switzerland
If you have an Amex Platinum or Centurion card, you can access Amex Centurion lounges. For many frequent travelers, the single best card perk is access to airport lounges — particularly, access to Amex Centurion lounges. Atlanta Hartsfield-Jackson International Airport (Concourse E)Charlotte Douglas International Airport (between Concourse D and E)Dallas/Fort Worth International Airport (Terminal D)Denver International Airport (Concourse C)Intercontinental Houston Airport (Terminal D)Las Vegas McCarran International Airport (Concourse D)Los Angeles International Airport (Tom Bradley International Terminal)Miami International Airport (Concourse D)John F. Kennedy International Airport (New York)Newark Liberty International Airport (Terminal A) — slated for 2026New York LaGuardia Airport (Terminal B, pre-security)Philadelphia International Airport (Terminal A)Phoenix Sky Harbor International Airport (Terminal 4)San Francisco International Airport (Terminal 3)Seattle-Tacoma International Airport (Concourse B)Washington, DC Ronald Reagan National Airport (Terminal B) — coming soonInternational locations Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Hartford Bradley International Airport (Terminal A)Cincinnati-Northern Kentucky International Airport (Concourse B)John Glenn Columbus International Airport (Concourse B)Fort Lauderdale-Hollywood International Airport (Terminal 3)Greenville-Spartanburg International Airport (Concourse B)Minneapolis-Saint Paul International Airport (Terminal 1)Oakland International Airport (Terminal 1)Palm Beach International Airport (Concourse B)Phoenix Sky Harbor International Airport (Terminals 3 and 4)Rhode Island T.F. You can only get into a Centurion Lounge if you have an Amex Platinum or an Amex Centurion credit card.
Persons: cardholders, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Cardholders, Charlotte Douglas, Tom Bradley, John F, Ronald, , Mariano, John Glenn Columbus Organizations: Delta Reserve, Read, American Express, Amex, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, TSA, Global, Saks Fifth, Delta SkyMiles ®, Delta SkyMiles, Chevron, Atlanta Hartsfield, Jackson International, Charlotte Douglas International Airport, Fort Worth International, Denver International, Intercontinental Houston Airport, Las Vegas McCarran International Airport, Los Angeles International Airport, Tom, International Airport, Kennedy International, Newark Liberty International, New York LaGuardia, Philadelphia International, Sky Harbor International, San Francisco International, Tacoma International, Ronald Reagan National Airport, Hong Kong International, London, Stockholm Arlanda, Shivaji International, Delhi Indira Gandhi International, Melbourne, International, Monterrey, Sydney, Centurion Studios, Hartford Bradley International Airport, Northern Kentucky International, John Glenn Columbus International, Hollywood International, Spartanburg International, Saint Paul International Airport, Oakland International, Rhode, Green, Tahoe, Sacramento International, Centurion, SkyMiles Locations: , London, Hong Kong, Fort Lauderdale, Oakland, Sacramento, Hulu, Delta, Dallas, New York, Seattle, Washington, Stockholm, Mumbai, Shivaji, Delhi, Buenos Aires, Mexico, Cincinnati, Greenville, Spartanburg, Minneapolis, Reno, U.S
Fast-forward to seventh century East Anglia in the United Kingdom, where an Anglo-Saxon warrior king was buried alongside exquisite goods within a massive ship. Researchers are hoping to reconstruct the ship — and it’s not the only vessel gaining new life centuries after disappearing from time. Emily Harris/Zayed National MuseumUsing a supply list written on a clay tablet, a team of experts in the United Arab Emirates has reconstructed a Bronze Age ship. Once upon a planetScientists excavated a 52,000-year-old woolly mammoth skin from the Siberian permafrost. Love Dalén/Stockholm UniversityThe freezing temperatures of the Siberian permafrost preserved a piece of 52,000-year-old woolly mammoth skin so well that it contains a first-of-its-kind genetic treasure trove.
Persons: it’s, Emily Harris, Shipwrights, Jacob, Alex Braczkowski, Griffith University Jacob, Tibu, Butch Wilmore, Suni Williams, James Webb, Ashley Strickland, Katie Hunt Organizations: CNN, East, Zayed National, United Arab Emirates, Zayed National Museum, Griffith University, Uganda’s Queen Elizabeth, International Space Station, NASA, Boeing, European Space Agency, James Webb Space, Penguin, , CNN Space, Science Locations: Siberia, East Anglia, United Kingdom, Persian, Mesopotamia, Zayed, Abu Dhabi, Sweden, Denmark, Peru, Machu Picchu, Uganda’s, Stockholm, Western Australia
CNN —A piece of woolly mammoth skin excavated from the Siberian permafrost has been found to contain fossil chromosomes in a first-of-its-kind discovery, according to a new study. The new study revealed that fossils of ancient chromosomes survive in this skin sample. But the DNA from elephants was also needed to assemble the mammoth genome. The researchers hope to use the findings to assemble the woolly mammoth genome completely. “This structural information provides insights into functions of the woolly mammoth genome that were invisible using previous genomic methods,” Heintzman said in an email.
Persons: , Erez Lieberman Aiden, Lieberman Aiden, Olga Dudchenko, Dudchenko, Elena Kizilova, Kevin Campbell, ” Campbell, ” Dudchenko, ” Aiden, , Cynthia Pérez Estrada, ” Pérez Estrada, there’s, Adam Fotos “, Marcela Sandoval, Velasco, Pérez Estrada, Peter Heintzman, ” Heintzman, Dmitry Filatov, ” Filatov, ” Hendrik Poinar, Poinar Organizations: CNN, Baylor College of Medicine, Center, Theoretical, Rice University, of Cytology, University of Manitoba, Stockholm University, Houston Astros, Center for Genome Architecture, Baylor, Rice’s, University of Copenhagen, University of Oxford, McMaster University Locations: Belaya Gora, Siberia, Canada, Stockholm, Denmark, , Sweden, paleogenomics, United Kingdom, Ontario
“We demand that our friends in Mother Nature Cambodia, and all political prisoners, be released immediately,” said Fridays for Future, the youth-led global climate strike movement founded by Thunberg, in a statement. “Like what we are seeing with dictators in other countries, Cambodia is becoming more repressed,” said Alejandro Gonzalez-Davidson, a Spaniard who co-founded Mother Nature Cambodia over a decade ago, alongside local Cambodian activists. Environmental activists stage a mock funeral procession in the streets of Phnom Penh. Video footage showed activists Mother Nature Cambodia activists Ly Chandaravuth, Long Kunthea, Thun Ratha, Phuon Keoraksmey and Yim Leanghy surrounded by dozens of armed police officers and dragged away into waiting cars, bound for prisons across the country. “This week, a new generation of Cambodian activists was born – one that did not exist back in 2012,” he said.
Persons: Greta Thunberg, , Thunberg, Mu Sochua, , ” “, ” Mu Sochua, Chantha Lach, Hun Sen –, Hun Manet, Hun Sen, Alejandro Gonzalez, Davidson, Pen Bona, Ole von Uexkuell, Magnus Lejhall, Gonzalez, Valeria Mongelli, , Ly Chandaravuth, Long, Phuon Keoraksmey, Yim, Pilorge, lèse, Thameen Al, Kheetan Organizations: CNN, Nature Cambodia, Reuters, United States Agency for International Development, USAID, Nature, TT, Agency, AFP, Getty, Facebook, Court, Cambodian League, Promotion, Human, Journalists, ” United Nations Human Rights Locations: Cambodia, Nature, Reuters Cambodia, Nature Cambodia, Phnom Penh, Cambodian, Sweden, Stockholm, Sihanoukville, Thun
Read previewLast year's dearth of capital for startups forced many founders to stretch their cash runways. Efficiency is a hallmark of any good business, but Tom Loverro, an investor at 44-year-old Bay Area venture capital firm IVP, thinks startup founders should step off the brake pedal. The venture capitalist who rightly predicted a "mass extinction event for startups" over a year ago now says the worst is behind us. "We're on the cusp of a Great Reawakening for startups," Loverro wrote in a LinkedIn post. Given that the cloud software market is stabilizing and venture funding is available again to the best-in-breed startups, Loverro is telling startups with sound unit economics to increase their cash burn to speed up progress.
Persons: , Tom Loverro, Loverro, shutdowns, Darwin, Ball, That's, Uber Organizations: Service, IVP, Business, Autonomy, TechCrunch, LinkedIn Locations: Stockholm
A small Swedish town is trying to boost population numbers by selling cheap land. The lakeside town of Götene has received thousands of calls from prospectives buyers for 30 plots. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn idyllic Swedish town may have gotten more than it bargained for after thousands of interested would-be residents responded to authorities' efforts to boost population numbers in the picturesque locale. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business Locations: Swedish, Götene, Stockholm
Götene, about 200 miles from Stockholm, is selling plots of land starting at 1 krona per square meter or nine US cents per 10 square feet. Buyers must build a home on the land with plans to either live there permanently or use it as a vacation property, according to CNN. The plots being put up for sale had been on the market for many years, Månsson said. Since the town launched the scheme in May, it has received thousands of requests and the government has decided to pause buying until early August so they can fine-tune the process. CNN reports that when Götene starts selling off land again, it is likely there will be a bidding process instead of just selling the plots at that low price of 1 krona per square meter.
Persons: Johan Månsson, Månsson, Götene Organizations: CNN, Götene's Locations: Stockholm
CNN —You’ve heard of houses on sale in southern Europe for the price of a cup of coffee. It’s located on the shores of Lake Vänern, not only Sweden’s largest lake but also the biggest in Scandinavia and the entire EU, at around 10 times the size of Lake Constance. It’s also home to two UNESCO-rated sites: the Platåbergens Geopark and Lake Vänern Archipelago and Mount Kinnekulle Biosphere. Cheap houses on the horizonHällekis, on Lake Vänern, is a village of just 800 inhabitants near the main town. Götene kommunThe Götene fire sale doesn’t end with these 30 plots.
Persons: CNN — You’ve, It’s, Götene, Johan Månsson, , ” We’re, ” Månsson, it’s, Månsson, we’ve, We’re, it’s ”, we’d, , “ We’ve, ” There’s Organizations: CNN, UNESCO, UNESCO geopark, Visa Locations: Europe, Stockholm, Sweden, Lake Vänern, Scandinavia, EU, Lake Constance, Russia, Vänern Archipelago, Kinnekulle, Archipelago, , Götene, Italy
Shares of H&M plunged more than 14% on Thursday morning after the company reported a smaller-than-expected increase in second-quarter profits and cast doubt over its June sales and full-year profit margin target. The world's second largest retailer said operating profit for the period between March and May came in at 7.1 billion Swedish kroner ($672 million), below the 7.37 billion Swedish kroner anticipated by analysts, according to an LSEG poll cited by Reuters. The second-quarter result was nevertheless above the 4.7 billion Swedish kroner recorded in the same period last year. Further weighing on stock, H&M CEO Daniel Ervér cast doubt over the company's ability to meet its margin target this year. "Our goal of an operating margin of 10 percent for full-year 2024 remains in place," he said.
Persons: Daniel Ervér, Inditex Organizations: Reuters Locations: London, Paris, Milan, Berlin, Stockholm, Hamburg, Munich, New York, Tokyo, Zara
Leon Neal/AFP/Getty Images Assange addresses the Oxford Union Society from the Ecuadorian Embassy in January 2013. David Paul Morris/Bloomberg/Getty Images Assange attends a news conference inside the Ecuadorian Embassy in London in August 2014. FABRICE COFFRINI/AFP/Getty Images Assange, on the balcony of the Ecuadorian Embassy, holds up a United Nations report in February 2016. Carl Court/Getty Images Assange speaks to the media in May 2017, after Swedish prosecutors had dropped their investigation of rape allegations against Assange. Jack Taylor/Getty Images Assange was seen for the first time in months during a hearing via teleconference in Quito, Ecuador, in October 2018.
Persons: Julian Assange, , ” Assange, Assange, Kim Hong, Ramona Manglona, Chelsea Manning, Jack Taylor, LEON NEAL, BERTIL ERICSON, FABRICE COFFRINI, Carl Court, Geoff Caddick, Oli Scarff, CARL COURT, Leon Neal, Philip Toscano, Ricardo Patino, Frank Augstein, David Paul Morris, John Stillwell, Mike, Pompeo, Maria Sol Borja, Alastair Grant, Daniel Leal, Elizabeth Cook, Anthony Albanese, Joe Biden, ASSANGE, Adrienne Watson, Stella, , Gabriel Shipton, he’s, hasn’t, Julian, , ” Shipton Organizations: Northern Mariana Islands CNN, Northern, Northern Mariana Islands . Justice Department, WikiLeaks, United States, Reuters, Army, Metropolitan Police, US Justice Department, British, Justice Department, Guardian, Getty, Swedish Trade Union Confederation, St, Paul's, Court, Ecuadorian Embassy, Oxford Union Society, Ecuadorian Foreign, Southwest Festival, Bloomberg, United Nations Human Rights, United, United Nations, CIA, CNN, Ecuadorian, Ecuador, Southwark Crown, White, Sweden, National Security, Department of Justice, BBC Radio Locations: Saipan, Northern Mariana, London, United Kingdom, Hawaii, Northern Mariana Islands, Australia, United States, Iraq, Afghanistan, Sweden, Ecuadorian, Ecuador, Westminster, AFP, Stockholm, Geneva, Switzerland, Austin , Texas, United Nations, Quito, Southwark, Baghdad, Guantanamo Bay
The plea deal allows Assange to avoid prison in the US and return to his native Australia. “That never came up in our conversations,” said David Stilwell, the State Department assistant secretary for the Pacific region during the Trump administration. Sessions’ focus on national security-related leaks was “probably one of the reasons why the [Assange] case had more traction,” Hickey told CNN. Hickey said he was not involved in the Assange case when he was a senior official at DOJ’s National Security Division from 2016 to 2023. Stilwell, the former State Department official under the Trump administration, pushed back on the Assange plea deal.
Persons: Julian Assange, Assange, Biden, Trump, , David Stilwell, Anthony Albanese, Joe Biden, General Merrick Garland, Chelsea Manning, Manning, Barack Obama, Obama, Trump’s, Jeff Sessions, Adam Hickey, ” Hickey, Hickey, “ Assange, who’s, Mayer Brown, Garland, Andrew McCabe, , it’s, ” McCabe, Stilwell, ” Stilwell, Bradley Moss, would’ve, ” Moss, ” CNN’s Zachary Cohen, Marshall Cohen, Kevin Liptak Organizations: CNN, United, Wikileaks, State Department, Australian, Justice Department, FBI, Northern, London’s, US Justice Department, White, Pentagon, Army, Assange ., Department, Obama, Biden, DOJ’s National Security Division, Protect Journalists, Amnesty International, American Civil Liberties Union, Computer, Ecuadorian Locations: United States, Washington, London, Stockholm, Quito, Ecuador, Australia, Pacific, Virginia, London’s, Northern Mariana Islands, Iraq, Guantanamo, Washington ,
CNN —WikiLeaks founder Julian Assange was released from a British prison and was making his way back to his home country Australia on Monday after his 12-year battle against extradition to the United States ended in a plea deal. Assange boarded a flight from London’s Stansted airport on Monday after being released on bail from prison, according to a statement from WikiLeaks on Tuesday. “Julian Assange is free,” WikiLeaks said. WikiLeaks founder Julian Assange boards a plane at a location given as London, Britain, in this still image from video released on June 25, 2024. Former Ecuadorian president Lenín Moreno told CNN he is glad the Wikileaks founder won’t be handed over to the US.
Persons: Julian Assange, Assange, “ Julian Assange, , Chelsea Manning, , Jack Taylor, Hillary Clinton’s, John Podesta, Abu Hamza al, Masri, Joe Biden, Assange’s, Stella Assange, “ Julian, Lenín Moreno, won’t, Moreno, Gustavo Petro Organizations: CNN, Ecuadorian, WikiLeaks, US Justice Department, Wikileaks, Army, US, of Scientology, European, Human Rights, Westminster Magistrates, Democratic National Committee, London’s Metroplitan Police, UN, Amnesty, American Locations: Australia, United States, London, Iraq, Afghanistan, London’s Stansted, , United Kingdom, Britain, Saipan, Northern Mariana Islands, Hawaii, Townsville, Queensland, Guantanamo Bay, Iraqi, Sweden, Stockholm, Westminster, England, London’s, Colombia, Mexico
Skyline, Ho Chi Minh City, Vietnam John Harper | Photodisc | Getty ImagesSoutheast Asia has emerged as a top choice for firms looking to diversify production away from China, including Chinese companies, amid escalating tensions between Washington and Beijing. "Southeast Asia is well-placed to benefit significantly from the China+1 phenomenon as both foreign and Chinese companies diversify their supply chains and operations," said Kuo-Yi Lim, co-founder and managing partner of Southeast Asian venture capital firm Monk's Hill Ventures. "The ASEAN-6 region has benefited from a diversification of global and regional supply chain as well as the adoption of 'China+1' strategies. MalaysiaMalaysia has seen semiconductor firms including Intel, GlobalFoundries and Infineon setting up or expanding operations in the country over the last few years amid U.S.-China tensions. Chinese electric vehicle maker BYD plans to start commercial production of EVs in Indonesia in 2026, according to local reports.
Persons: Vietnam John Harper, Kuo, Yi Lim, Lim, Yinglan Tan, Kai Wei Ang, CNBC's, It's, Ang, Anders C, Johansson, , Sokon – Organizations: Photodisc, Getty, Monk's Hill Ventures, ASEAN, Hong Kong SAR, Apple, Ventures Partners, Samsung, BofA Securities, Intel, GlobalFoundries, Infineon, U.S, Monk's Hill Ventures . Industry, Malaysia that's, Stockholm China Economic Research, Stockholm School of Economics, Chery, Singapore Locations: Chi Minh City, Vietnam, Asia, China, Washington, Beijing, Monk's, Indonesia, Malaysia, Philippines, Thailand, Singapore, U.S, Japan, European Union, China & Hong Kong, Hong Kong, Vietnam Vietnam, ASEAN, Malaysia Malaysia, Stockholm China, EVs
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