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☆ Europe cannot finance Ukraine war if Trump pulls U.S. out of the conflict, Hungary's Orban warns
▼ + stars: | 2024-11-08 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Hungarian Prime Minister Viktor Orban attends ADF Talks as part of the Antalya Diplomacy Forum (ADF) at NEST Congress and Exhibition Center in Antalya, Turkiye on March 01, 2024. Europe alone cannot shoulder the financial strain of supporting Ukraine against the ongoing Russian invasion, Hungarian leader Viktor Orban said Friday, warning that closely-allied President-elect Donald Trump will likely steer Washington out of the conflict. "Europe alone cannot finance this war. He is a person who hates war, a real businessman who thinks that life and things go well when there is no war." On Thursday, Slovakian Prime Minister Robert Fico — whose country heavily relies on Russian hydrocarbons — questioned the European funding agenda.

Persons: Viktor Orban, Donald Trump, Orban, Kamala Harris, Robert Fico — Organizations: Antalya Diplomacy, Exhibition Center, Google, Trump, White, U.S, EU, Kiel Institute of, European Investment Bank, European Commission, Slovakian Locations: Antalya, Turkiye, Europe, Ukraine, Washington, Budapest

☆ Zelensky confirms deadly clashes with North Korean troops as Putin says he’s willing to talk with Trump
▼ + stars: | 2024-11-07 | by ( Helen Regan | ) edition.cnn.com time to read: +5 min

CNN —North Korean troops deployed to Russia’s Kursk region have fought Kyiv’s forces on the battlefield, Ukrainian President Volodymyr Zelensky said Thursday, adding that the clashes resulted in fatalities. Zelensky said 11,000 North Korean soldiers are in the region, where Ukraine’s three-month military incursion into Russian territory has stalled. The New York Times reported earlier this week that a number of North Korean troops had been killed in a limited engagement with Russian and Ukrainian forces, citing senior US and Ukrainian officials. US officials had warned that around 10,000 North Korean troops are in the Kursk region and would be expected to enter combat against Ukraine. But Zelensky fears a greater role for North Korean troops if its allies fail to exert more pressure on Putin.

Persons: Volodymyr Zelensky, Zelensky, ” Zelensky, ”, Donald Trump, Vladimir Putin, Maxim Shipenkov, Putin, Trump, JD Vance, Jill Dougherty, “, they’ve, Dougherty, – Putin Organizations: CNN, North, Russian Federation, New York Times, NATO, Republican, Getty, Trump, CNN Moscow, Georgetown University’s Center, East European Studies, Budapest Thursday, Ukraine, North Korean, Putin Locations: Russia’s Kursk, Ukrainian, Ukraine, Kursk, Budapest, Hungary, United States, Moscow, Pyongyang, Sochi, Black, Kyiv, Russia, ”, Donbas, Crimea, South Korea

☆ Why Honeywell CEO Vimal Kapur doesn't think the AI payoff will come from productivity
▼ + stars: | 2024-10-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

As CEO of one of the world's largest industrial conglomerates, Honeywell 's Vimal Kapur doesn't think about AI like most individuals. "There is always a trend which makes your skills obsolete, every five years," Kapur said at the recent CNBC Evolve: AI Opportunity Summit in New York City. The AI opportunity for Honeywell is creating a new labor pool that can learn and work alongside AI and accumulate and deploy institutional knowledge much faster. "The future belongs to companies with 'first-order' data sets," he told CNBC "Closing Bell Overtime" anchor Jon Fortt at the Evolve: AI Opportunity event. "Data and data sets are the next frontier for AI," Delangue said.

Persons: Kapur, It's, it's, Jake Loosararian, Jon Fortt, Clément Delangue, Delangue, Katherine Forrest, Paul, Weiss, Garrison, Honeywell's Kapur Organizations: Honeywell, Labor, Nvidia, Gecko Robotics, CNBC, Amazon, Google Locations: New York City, industrials, Rifkind, Wharton

☆ Ryan Serhant: AI will make real estate agents more personable in home buying and selling
▼ + stars: | 2024-10-06 | by ( Alexandra Ferreyros | ) www.cnbc.com time to read: +4 min

With AI reshaping daily operations of a real estate agent's business by automating tasks — from generating property listings to conducting neighborhood analyses — the agent's focus in day-to-day activities will shift. Serhant says AI won't virtualize relationships, but for the real estate agents who embrace the AI revolution — which he says is a necessary move to make — it will strengthen their relationships. The real estate industry is still in the initial stages of adopting AI and understanding remains low among real estate professionals, but the interest is there. But the survey also finds that real estate professionals have very low understanding of AI compared to other technologies. The FBI reported a big year-over-year increase in wire fraud cybercrime losses in 2023, driven significantly by real estate transactions.

Persons: Ryan Serhant, Serhant Organizations: CNBC, JLL Technologies, Estate Technology Survey, FBI Locations: Manhattan, New York City

☆ UK Finance Minister Rachel Reeves pledges most 'pro-growth, pro-business' government the country has seen
▼ + stars: | 2024-07-26 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

"I will work with business to make sure we're doing all we can to bring wealth creation, to bring business investment to the U.K. economy," she added. "This is going to be the most pro-growth, pro-business Treasury that this country has ever seen," Reeves told CNBC's Steve Sedgwick via remote interview. LONDON — U.K. Finance Minister Rachel Reeves said Friday that the new Labour government would be the most pro-growth and pro-business the country has seen. We need to attract business investment to be able to do that." However, the chancellor has a fine balance to tread given pledges from her party to also boost national investment and public sector pay.

Persons: Reeves, CNBC's Steve Sedgwick, Rachel Reeves, I'm, Keir Starmer, Starmer Organizations: Treasury, CNBC, LONDON, Finance, Labour, Conservative Locations: Rio de Janeiro, Brazil, Britain

☆ Finland president: In order to achieve peace, you have to arm Ukraine
▼ + stars: | 2024-07-18 | 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 EmailFinland president: In order to achieve peace, you have to arm UkraineAlexander Stubb, the president of Finland, speaks to CNBC's Arabile Gumede at the European Political Community summit at Blenheim Palace, England.

Persons: Ukraine Alexander Stubb, CNBC's, Gumede Organizations: Finland Locations: Ukraine, Finland, Blenheim, England

☆ Ukraine's Zelenskyy gets personal with self-appointed 'peace' negotiator Orban
▼ + stars: | 2024-07-18 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

OXFORD, England — Ukraine's President Volodymr Zelenskyy on Thursday hit out at European leaders who "betray" Kyiv's interests in a thinly veiled attack against Hungarian President Viktor Orban and his shadow peace talks. Zelenskyy told European leaders that Russia's President Vladimir Putin had so far failed to sow disunity within the region, but noted that EU member states — and one weak link in particular — could yet bow to temptation or blackmail. "He [Putin] may try to approach you or go to some of your partners individually, trying to tempt or pressure you, to blackmail you so that one of you betrays the rest, weakening our unity," he said in opening remarks at the European Political Community summit at Blenheim Palace, England. The Ukrainian leader said that it was down to individual leaders to decide how to act and "what legacy to leave." But, in an apparent reference to Orban's recent meeting with Putin in Moscow, he noted that those who act against the continents' interests should not be considered part of group matters.

Persons: Volodymr Zelenskyy, Viktor Orban, Zelenskyy, Vladimir Putin, —, Putin Organizations: OXFORD, Putin Locations: England, Blenheim, Moscow, Europe, Ukraine

☆ Dutch PM Mark Rutte set to be next NATO secretary-general after rival withdraws from race
▼ + stars: | 2024-06-20 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

Netherland's Prime Minister Mark Rutte arrives to attend the European Political Community summit at the Palacio de Congreso in Granada, southern Spain on October 5, 2023. Romanian President Klaus Iohannis on Thursday rescinded his bid for the leadership of the NATO military alliance and threw his support behind the favorite contender for the post, Dutch Prime Minister Mark Rutte. The move effectively clears the path for outgoing Dutch PM Rutte to assume the top position of the 32-member U.S.-led NATO military coalition, when incumbent Secretary-General Jens Stoltenberg finishes his mandate on Oct. 1 after 10 years in the job. Iohannis, 65, is ending his second five-year round at the helm of Romania, which will hold national elections in September. Two weeks ago, Budapest conceded not to block the NATO alliance's deepening military support for Ukraine, in exchange for nonparticipation.

Persons: Mark Rutte, Klaus Iohannis, Iohannis, Rutte, Jens Stoltenberg Organizations: Netherland's, Palacio, Congreso, NATO, Dutch, Supreme, of National Defense, CNBC, U.S, Ukraine Locations: Granada, Spain, Romanian, Romania's, Ukraine, Iohannis, Romania, Rutte, Hungary, Russia, Budapest

☆ A Ukrainian war reporter's story: Why I refused to make a 'deal with the devil'
▼ + stars: | 2024-05-04 | by ( Cameron Manley | ) www.businessinsider.com time to read: +7 min

He was a student at Mariupol State University in 2014 when war broke out in the Donbas, and Russia annexed the Crimean peninsula. "I refused to make a deal with the devil. Ponomarenko said he believes the war has "shown what ordinary people are capable of" and has helped reveal "their true selves," pointing to Ukrainian President Volodymyr Zelenskyy as evidence. AdvertisementCapturing it would put Russian forces within striking distance of Ukrainian operational and supply centers in the area. "Bucha was the greatest moment for me because it shows that life prevails," Ponomarenko said.

Persons: —, Ponomarenko, Viktor Yanukovych, Libkos, Rushing Organizations: Service, Mariupol State University, Business, Kyiv, Kyiv Independent Locations: Volnovakha, Ukraine's, Donetsk, Russia, Kyiv, Dnipro, Avdiivka, Ukraine

Earlier this month, the university said an initial inquiry found no issues with how the center managed its finances. Despite the hubbub, essentially none of the center's funders have raised public concerns about its work. But tell us how you’re going to puzzle through.”The sudden termination of the center’s research projects prompted some within the movement for racial justice to see good reason to criticize Kendi’s leadership. Kendi agreed many funders were new to racial justice philanthropy in 2020, but said they didn’t usually give to his center. Kendi said most of the center's funders already supported antiracist community organizations.

Persons: Kendi, Grantmakers, it's, Earl Lewis, Andrew W, “, “ missteps, “ There’s, ”, Lewis, It's, Jack Dorsey, Chera Reid, ” Reid, William, Larry Kramer, Reid, Kendi’s, Jenn M, Jackson, ” Jackson Organizations: Boston University, BU Center, Mellon Foundation, University of Michigan Center for Social Solutions, Associated Press, Rockefeller Foundation, ESPN, Netflix, Unity Summit, Flora Hewlett Foundation, Observers, Syracuse University, Lilly Endowment Inc, AP Locations: Los Angeles, U.S

☆ Armenia sees no advantage in keeping Russian military bases -PM to WSJ
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

Armenia's Prime Minister Nikol Pashinyan arrives at the Palace of Charles V on the day of the European Political Community Summit in Granada, Spain October 5, 2023. REUTERS/Jon Nazca/File Photo Acquire Licensing RightsMOSCOW, Oct 25 (Reuters) - Armenia sees no advantage in continuing to host Russian military bases on its territory after Azerbaijan retook the contested region of Nagorno-Karabakh, the Armenian prime minister told the Wall Street Journal in an interview published on Wednesday. "These events have essentially brought us to a decision that we need to diversify our relationships in the security sphere, and we are trying to do that now," Prime Minister Nikol Pashinyan told the WSJ. Russia's military presence in Armenia includes garrisons in two locations and an airbase. Later on Wednesday, Kremlin spokesman Dmitry Peskov said that Russian authorities were unaware of Pashinyan's comments.

Persons: Nikol Pashinyan, Charles V, Jon Nazca, Dmitry Peskov, Peskov, Felix Light, Maxim Rodionov, Gareth Jones, Leslie Adler Organizations: Armenia's, Political Community Summit, REUTERS, Rights, Wall Street, Thomson Locations: Granada, Spain, Armenia, Russian, Azerbaijan, Nagorno, Karabakh, Soviet Union, Moscow, Caucasus

A European Union flag flutters outside the congress palace ahead of the European Political Community summit in Granada, Spain, October 4, 2023. The council said all three jurisdictions either lacked tax information or failed to deliver on commitments regarding governance and transparency reforms. Barring Russia, it said in a statement, the EU list only includes "small and vulnerable countries like Belize yet fails to include any EU member state" which were given the same Global Forum rating. Oxfam's EU tax expert Chiara Putaturo also slammed the list as "toothless" for not screening the United States, the UK, or EU states such as Luxembourg and Malta, adding "countries deemed too big to be listed can no longer escape scrutiny." The EU Council did not immediately respond to a request for comment.

Persons: Jon Nazca, Chiara Putaturo, Sarah Morland, Alvaro Murillo, Jose Sanchez, Bill Berkrot, Stephen Coates Organizations: REUTERS, European Union, OECD's, Transparency, Information, EU, Marshall, Thomson Locations: Granada, Spain, Seychelles, Caribbean, Belize, Antigua, Barbuda, Russia, Panama, EU, United States, Luxembourg, Malta, British Virgin Islands, Costa Rica, Mexico City, San Jose, Belmopan

☆ Israel-Hamas war live updates: Israel prepares for next stage of operations, opens new routes south in Gaza for fleeing citizens
▼ + stars: | 2023-10-14 | by ( Christine Wang | ) www.cnbc.com time to read: +1 min

The European Union's top diplomat Josep Borrell warned that Israel's call to evacuate the roughly 1.1 million residents of Gaza City south of the Wadi Gaza river is "virtually impossible," echoing earlier comments from United Nations Secretary-General António Guterres. The U.N. has previously condemned the terrorist attacks of Palestinian group Hamas, which killed and abducted Israeli civilians and nationals. Several humanitarian agencies have decried the evacuation order, saying it would exacerbate the existing crisis for civilians in the Gaza Strip. On Friday, Guterres urged all parties to allow "immediate humanitarian access" as the Israel-Hamas conflict deepens. "We need immediate humanitarian access throughout Gaza, so that we can get fuel, food and water to everyone in need."

Persons: Josep Borrell, António Guterres, Borrell, Guterres Organizations: EU, Representative, Union for Foreign Affairs, Palacio, Congreso, United Nations, Hamas Locations: Granada, Spain, Gaza City, Gaza, North, China, Beijing, Israel

☆ EU looks to the future at summit on migration and enlargement
▼ + stars: | 2023-10-06 | by ( Gabriela Baczynska | ) www.reuters.com time to read: +4 min

Other central and eastern EU countries have also put up border controls inside what is normally a zone of open travel, citing the need to crack down on people smugglers and migrants who avoid regular border crossings and arrival procedures. But the matter is politically sensitive and anti-immigrant rhetoric and policies are on the rise in some EU countries ahead of continent-wide European Parliament elections next June. From economic aid transfers to decision-making to maintaining cohesion, EU leaders will look on Friday at what needs to change inside their union to allow for another enlargement. Such debates highlight a tough dilemma the EU faces in trying to bring in new members while deepening existing integration. "Enlargement is a geo-strategic investment in peace, security, stability and prosperity ... both the EU and future member states need to be ready."

Persons: Spain's King Felipe VI, Queen Letizia, Jon Nazca, Gabriela Baczynska, Rosalba O'Brien Organizations: Lions, Alhambra, Political Community Summit, REUTERS, Rights, GEO, Reuters, EU, Kyiv, European Union, Thomson Locations: Granada, Spain, Rights GRANADA, Ukraine, Italy, Germany, Europe, Bavaria, Poland, East, Africa, Russia's, Grenada, China, Moldova, Western Balkans, Britain, Kyiv, Warsaw, Hungary

☆ EU leaders to debate economic security amid global tensions
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

A European Union flag flutters outside the congress palace ahead of the European Political Community summit in Granada, Spain, October 4, 2023. The EU executive plans to work with the 27 EU members to assess by the end of the year whether there are any risks to the bloc's economic security linked to advanced semiconductors, artificial intelligence, quantum technology and biotechnology. It is part of the European Economic Security Strategy unveiled by the Commission in June that calls for strengthening the EU's own internal market, fostering research, forging alliances with reliable partner and using existing trade defence tools and considering new ones. Part of the debate will centre on the degree to which countries are willing to harmonise their policies on national security and transfer certain powers to Brussels. Countries such as Sweden and the Netherlands want more open markets, while others such as France has more focus on protecting domestic producers.

Persons: Jon Nazca, Charles Michel, Russia's, Philip Blenkinsop, Andrew Heavens Organizations: REUTERS, Rights, Union, Commission, EU, European Economic Security, Thomson Locations: Granada, Spain, Rights GRANADA, China, Ukraine, Europe, Brussels, Sweden, Netherlands, France

☆ Moldovan president says Russia's Wagner head plotted coup against her -FT
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +3 min

Moldova's President Maia Sandu addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 20, 2023. "Russia is going to increase its pressure on Moldova," Sandu told the FT. "They tried energy and they failed. Moldovans, she said, were entering the country with "bank cards that were issued in Dubai...they just distribute thousands of cards ...bank cards to people they wanted to bribe." Moldovan police on Friday said they had seized thousands of bank cards issued in Dubai due to be given to Shor's allies. "This is using bank cards instead of suitcases or black bags full of cash," Veronica Dragalin, head of Moldova's Anti-corruption prosecutors, told reporters.

Persons: Maia Sandu, Eduardo Munoz, Russia's Wagner, Sandu, Yevgeny Prigozhin, Prigozhin, Vladimir Putin, Ilan Shor, Shor, Veronica Dragalin, Ron Popeski, Alexander Tanas, Josie Kao Organizations: General Assembly, REUTERS, Financial Times, EU, Kremlin, Constitutional, PAS, Moldovan, Thomson Locations: New York City, U.S, Spain, Moscow, Ukraine, Romania, Moldova, Russia, Russian, Transdniestria, Moldova's, Dubai ., Dubai, Chisinau

☆ European leaders say they can’t fully replace U.S. support to Ukraine as funding fears grow
▼ + stars: | 2023-10-05 | by ( Sam Meredith | ) www.cnbc.com time to read: +5 min

Gathering in Granada, Spain, for a summit of the European Political Community, European leaders sought to reaffirm their commitment to Ukraine amid Russia's full-scale invasion. He has insisted, however, that a majority of members across both major parties support funding Kyiv. "Ukraine needs the support of the European Union, which is sure, they will have it and we will increase it. "As far as I oversee the situation in the United States, I am very confident of support for Ukraine from the United States. Asked whether the EU could step in if the U.S. does not resume its support for Ukraine, Rutte said, "It is not necessary.

Persons: Josep Borrell, Jorge Guerrero, Joe Biden, Robert Fico, Washington's, Borrell, Viktor Bondarev, Volodymyr Zelenskyy, Zelenskyy, Ursula von der Leyen, Biden, Mark Rutte, Rutte Organizations: EU, Representative, Union for Foreign Affairs, Palacio, Congreso, Afp, Getty, Political Community, Wednesday, Republican, U.S . Congress, European Union, Kyiv, Russia's Federation, Committee, Defense, Security, European Commission, Congresos, Political, Europa Press, Dutch, U.S . House, Representatives, Hague, Ukraine Locations: Granada, Spain, U.S, Ukraine, Europe, Russian, Slovakia, Kyiv, EU, America, Russia, Andalusia, United States, Netherlands

☆ Ukraine's Zelenskiy arrives in Spain to meet European leaders
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

Ukraine's President Volodymyr Zelenskiy attends a joint news briefing with NATO Secretary-General Jens Stoltenberg, as Russia's attack on Ukraine continues, in Kyiv, Ukraine September 28, 2023. "Our joint goal is to ensure the security and stability of our common European home," Zelenskiy said on X, formerly known as Twitter. "We are working together with partners on enhancing the European security architecture, particularly regional security. Ukraine responded by setting up a temporary "humanitarian corridor" for cargo vessels, and several ships have left Ukraine's Black Sea ports since. "This should be a productive day for Ukraine and Europe as a whole," Zelenskiy added.

Persons: Volodymyr Zelenskiy, Jens Stoltenberg, Gleb Garanich, Joe Biden, Zelenskiy, Anna Pruchnicka, Timothy Organizations: NATO, REUTERS, Political Community, U.S, Timothy Heritage, Thomson Locations: Ukraine, Kyiv, Spanish, Granada, Russia, Europe

☆ Russia's 'least capable' troops aren't in Ukraine, but they're still causing problems next door, experts say
▼ + stars: | 2023-06-15 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +8 min

Moldova, next door to Ukraine, has been under pressure from Russia for decades. Amid the war in Ukraine, Kyiv and Western officials say Moscow is stepping up its interference. As a result of a 1992 war between Moldovan forces and Transnistrian separatists, Russian troops entered the breakaway region to support the separatists. Following that war, Transnistria gained a form of autonomy. SERGEI GAPON/AFP via Getty ImagesMoldova declared a state of emergency after Russia attacked Ukraine in February 2022, and it remains in effect.

Persons: —, that's, John Sullivan, SERGUEI VORONIN, Chișinău, Maia Sandu, Diego Herrera Carcedo, SERGEI GAPON, Moldova's, John Kirby, Kirby, Pierre Crom, Thomas de Waal, Dara Massicot, Massicot, Jamar Marcel Pugh, Sandu, Ursula von der Leyen, Constantine Atlamazoglou Organizations: Service, Georgetown University, Getty, Moldovan, NATO, EU, Anadolu Agency, Getty Images Moldova, White House National Security Council, Carnegie, RAND Corporation, US Army National Guard, European Commission, Fletcher School of Law, LinkedIn Locations: Moldova, Ukraine, Russia, Transnistria, Kyiv, Western, Moscow, Soviet Union, Romania, Europe, Baltic, Poland, Bender, Transnistrian, Chisinau, May, Lithuania, Sweden, AFP, Russian, Carnegie Europe, NATO, Bulgaria

☆ 'Everyone can see the reality' in Ukraine except for Putin, UK defense minister says
▼ + stars: | 2023-06-02 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

British Defence Secretary Ben Wallace and Ukraine's President Volodymyr Zelenskiy shake hands after a meeting, as Russia's attack on Ukraine continues, in Kyiv, Ukraine June 10, 2022. British Defense Minister Ben Wallace on Friday said Vladimir Putin is "at risk of losing everything" if Russia does not withdraw its forces from Ukraine. In a busy week for diplomacy, European leaders met in Moldova in recent days for the European Political Community summit, attended by Ukrainian President Volodymyr Zelenskyy. Defense ministers from around the world gathered in Singapore on Friday for the Shangri-La Dialogue Defense Summit. Moscow was meanwhile hit by drone strikes earlier this week, with President Vladimir Putin claiming the attacks targeted Russian civilians, while the country's foreign ministry vowed to respond with "the harshest possible measures."

Persons: Ben Wallace, Volodymyr Zelenskiy, Vladimir Putin, Volodymyr Zelenskyy, Wallace, it's, CNBC's, CNBC's Sri Jegarajah Organizations: British, European, Ukrainian, NATO, Dialogue Defense, CNBC, Storm, U.K, CNBC's Sri, UN Locations: Ukraine, Kyiv, Russia, Moldova, Oslo, Singapore, Ukrainian, Russian, Moscow

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