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SEOUL, South Korea — Starbucks, one of the world’s most recognizable, if sometimes tedious, symbols of global capitalism, has a knack for choosing unique spots to open coffee shops. As of Friday, visitors to Aegibong Peace Ecopark near Gimpo, South Korea, can take in the views across the demilitarized zone and the North Korean border. “People used to think of this area near the North Korean border as a dark and gloomy place,” Kim Byung-soo, mayor of Gimpo, told NBC News. The coffeehouse’s patrons can see a North Korean village on Songaksan Mountain, as well as the environmental preservation area that the civilian-free DMZ is home to. An observation deck at a Starbucks in Gimpo, South Korea.
Persons: Baek Hea, ” Baek, SeongJoon Cho, ” Kim Byung, Kim Jong Un, Lim Jong, chul Organizations: Starbucks, Reuters, Bloomberg, Getty, NBC News, Vietnam Locations: SEOUL, South Korea, Prague, Cordoba, London, Gimpo, Korean, Seoul, North Korea, Pyongyang, Korea, Gaepung County
Starbucks opens a cafe with a view of North Korea
  + stars: | 2024-11-29 | by ( Chris Lau | Yoonjung Seo | ) edition.cnn.com   time to read: +3 min
The 30-seat cafe is located at the Aegibong Peace Ecopark in Gimpo city, about 20 miles north of the capital Seoul. Reuters“I wish I could share this tasty coffee with the people living in North Korea right in front of us,” local resident Baek Hea-soon, 48, told Reuters. North and South Korea are technically still at war, as no treaty to end the 1950 to 1953 Korean War was ever signed. South Korean veterans drink coffee at an observation deck of the Starbucks Coffee in Gimpo. In January, North Korean leader Kim Jong Un said his country would no longer seek reconciliation and reunification with South Korea.
Persons: South Korea CNN —, Reuters “, Baek Hea, Lim Jong, , Kim Byung, SeongJoon Cho, hyeon Kim, Kim Jong Un, Kim Organizations: South Korea CNN, Starbucks, American, Korean, Reuters, Gimpo, Bloomberg, Getty, South Koreans, Korea Tourism Organization, South Locations: Seoul, South Korea, North Korea, Gimpo city, It’s, Kaepung, Vietnam, Gimpo
China is on edge after Trump's talk of tariffs
  + stars: | 2024-11-29 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +5 min
AdvertisementOn Monday, Donald Trump threatened more tariffs on China, blaming Beijing for fentanyl. China criticized Trump's tariff threats, calling them ineffective and unjustified. "The excuse the president-elect has given to justify his threat of additional tariffs on imports from China is farfetched," wrote China Daily in a Tuesday editorial. AdvertisementMarkets are muted as investors wait and seeGlobal markets were jolted following Trump's post on Truth Social on Monday, but the effects have been felt mostly in foreign exchange. Global firms and Chinese manufacturers have already been diversifying their operations to manage concentration risks following Trump's first term and the COVID-19 pandemic.
Persons: Donald Trump, Trump, he'd, George Saravelos, Goldman Sachs, Wu Zhiqiang, Young Liu, Al Jazeera Organizations: Global, Deutsche Bank, Shenzhen Lingke Technology, Nikkei Asia, Apple, Macquarie Locations: China, Beijing, United States, Shenzhen, Thailand, India, Vietnam, Taipei, Al, Southeast Asia, Africa, China's
This surge means that coffee prices across the board — from fancy beverages made from Arabica beans to robusta-fueled instant coffee — are almost sure to cost more for the everyday consumer. On Wednesday, the global benchmark for arabica coffee — March 2025 arabica coffee futures — ended 4.6% higher on the Intercontinental Exchange (ICE) at $3.2305 per pound, after hitting their highest level since 1977. Food giant Nestlé, the world's largest coffee maker, said last week that it will hike prices to deal with the rise in coffee prices. Coffee drinkers are already paying more: Data from the US Bureau of Labor Statistics show coffee prices for urban consumers rose sharply from July 2021 to February 2023. Speculators jumping into the coffee marketGiven the confluence of factors pushing up coffee prices, non-commercial speculators, such as funds, are joining the market.
Persons: arabica —, Jason Miller, Guilherme Morya, Morya, , Christopher Tang, Tang, Donald Trump, Miller, Sucafina Organizations: Intercontinental Exchange, ICE, US Bureau of Labor Statistics, Michigan State University, Farmers, Reuters, Rabobank, Colombia —, UCLA, European Union, BMI Research, European Commission Locations: Brazil, Vietnam, Colombia, Honduras, Canada, Mexico, China, Trump's, Swiss
Democrat Derek Tran has defeated Republican incumbent Michelle Steel for a House seat representing California’s Orange County and Los Angeles, NBC News projects, after a contentious race that centered on the candidates’ Asian American identities and use of aggressive anti-China messaging. Tran has performed better with voters in Los Angeles County, where he has had a significant lead over Steel. But the race is tighter in Orange County, the bulk of the district, where voters have repeatedly flipped between red and blue over the past election cycles. She previously served as a supervisor and chairwoman of the Orange County Board of Supervisors before running for Congress. Don Luong, a history teacher and longtime Orange County voter, said the back-and-forth has distracted from the candidates’ actual platforms.
Persons: Derek Tran, Michelle Steel, Tran, Steel, ” “, ” Tran, “ Michelle can’t, ” Steel, Don Luong, ” Luong, “ We’re, didn’t, Luong, , , Sheng Thao, Pamela Price Organizations: NBC News, Army, Steel, Congressional, Asian, Congress, Consumer, VietFace, NBC, , Oakland Locations: California’s Orange County, Los Angeles, China, Los Angeles County, Orange County, California, Vietnam, Communist China, Orange, mailers, Alameda County
In 2023, the US was South Korea’s second-largest export market after China, with $116 billion of goods traded. But Trump’s planned tariffs on Chinese goods could also benefit some countries in Southeast Asia as factories may relocate from China to other places in the region. Shoe seller Steve Madden announced earlier this month that it will halve its Chinese production to avoid Trump’s tariffs, and it will be sourcing from Cambodia, Vietnam, Mexico and Brazil, among other countries. In 2023, the US was the number one recipient of exports from China, Vietnam, Thailand, India and Japan. In the first nine months of 2024, the United States’ largest trade deficit was with China.
Persons: Donald Trump, Steve Madden, Trump, , Philip Daniele, — CNN’s Rachel Wilson Organizations: Hong Kong CNN —, Malaysia, US Locations: Hong Kong, Mexico, Canada, China, United States, Asia, South, Southeast Asia, Cambodia, Vietnam, Brazil, Thailand, India, Japan, South Korea, Indonesia, Singapore
News that U.S. President-elect Donald Trump's plans to hike tariffs on imports from China, Canada and Mexico sent ripples across global markets Tuesday. Asian markets traded broadly lower , but Chinese stocks held up surprisingly well. Peter Boockvar, chief investment officer at the U.S.-headquartered Bleakley Financial Group, said China is better prepared to cope with tariffs than in 2016. Referencing the impact of the tariffs imposed by the Trump administration in 2016, Boockvar said it was "negative, not a benefit" in aggregate. 'A lot of value' Beyond the U.S., Boockvar said Asian markets including China, Japan, Singapore and Vietnam were offering "a lot of value."
Persons: Donald Trump's, Peter Boockvar, It's, CNBC's, Trump, Boockvar, Russell, Stocks, EQT Organizations: Bleakley Financial, Nvidia, Microsoft, Vegas Sands Corp, Melco Resorts & Entertainment, AIA, Hong Kong Stock Exchange Locations: China, Canada, Mexico, U.S, Japan, Singapore, Vietnam, Bay Sands, Asia, Europe
But I’m afraid for those I love, for those I don’t love, those I know, those I don’t know. Trump and Vice President Kamala Harris evenly split these voters nationally, with 49% each, according to exit polls. Levin sees women’s rights in retreat; lies and distortions that go largely unchallenged; meanness toward immigrants; and disdain for civility and democratic norms. I don’t know what that is unless it’s a people. It’s just, I don’t know, I don’t like the division and everything.”Murphy can agree on that point.
Persons: Pat Levin, It’s, , , Donald Trump, Democratic Sen, Bob Casey, Susan Wild, Franklin Roosevelt, Levin, ” Levin, wasn’t, Richard Nixon, Ronald Reagan, George H.W . Bush, George W, Bush, … I’m, — I’m, Trump, Kamala Harris, CNN's John King, CNN Levin, What’s, Marvin Boyer, Boyer, ” Boyer, I’m, ” Kamala Harris, Darrell Ann Murphy’s, ” Murphy, Harris, she’s, Murphy, Darrell Ann Murphy, Pamela Aita, Catherine Long, Catherine Long sparred, ” Aita, “ Long, doesn’t, “ I’m, Aita, Long, stokes, , We’ll, John Organizations: Pennsylvania CNN, Democratic, Republican, Bethlehem, CNN, White House, Elon, doer, Trump, elect’s Locations: Bethlehem, Pennsylvania, Vietnam, Harris . Pennsylvania, Northampton County, Northampton, Iowa, Easton , Pennsylvania, Easton, Palmer Township, America, It’s
Budgeted salary increases for 2025 across Southeast Asia are expected to be higher than in 2024, according to a new report. As the end of the year approaches, the budgeted salary increases for 2025 across Southeast Asia are projected to be higher than in 2024, according to a November report by professional services firm Aon. For example, Southeast Asia has been "a sandbox environment for a lot of technology companies, i.e. in Singapore, to be setting up shop, so it is attracting capital... and then that creates a demand for talent to serve this growth," Chawla said. Here's how much salary budgets are projected to increase in 2025 across six Southeast Asian countries, according to Aon.
Persons: Rahul Chawla, Chawla, It's, Cheng Wan Hua Organizations: Global, Management, CNBC Locations: Southeast Asia, Aon, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Asia
Some of the nation’s leading civil rights groups told NBC News that they are gearing up for a flood of legal battles to protect the protesters. Under Rubinstein, America First Legal has in the past year filed four lawsuits that provide a glimpse into how the Trump administration could differ from its predecessor. America First Legal alleges in the suits that the State Department, the Justice Department, the Department of Homeland Security and the Department of Education have protected pro-Hamas extremists. Rubinstein in an interview brought up an additional law he expects a second Trump administration could enforce. The Knight Institute said although it expects the new Trump administration to aggressively police speech, it is prepared to fight back.
Persons: Donald Trump, Trump, they’re, Biden, he’s, , Ben Wizner, Sen, Joni Ernst, Ernst, CUAD, ” Ernst, Elisha Baker, Reed Rubinstein, Stephen Miller, Miller, Rubinstein, , ” Rubinstein, aren’t, Department didn’t, Spokespeople, SJP, Edward Ahmed Mitchell, Mitchell, Joe Biden, ” Mitchell, Vince Warren, Esther, , ” Warren, Knight, Jameel Jaffer, Wizner, isn’t, ” Wizner, Kenneth Marcus, George W, Bush, Louis D, Marcus, Marcus ’, ” Marcus, Trump’s, ” Trump Organizations: Republicans, Trump, NBC, Hamas, U.S . Justice Department, U.S, NBC News, American Civil, Technology, ’ Biden, Justice Department, . Immigration, Customs Enforcement, , FBI, Columbia University, Columbia University Apartheid, Flyers, U.S . Education Department, America, Washington , D.C, State Department, Department of Homeland Security, Department of Education, Department, Foreign, Education Department, Chicago, Department of Justice, Chicago Police Department, Center for Constitutional Rights, ACLU, Islamic Relations, Muslim, , Republican, Trump Justice Department, Heritage Foundation, Knight, Biden Treasury Department, of Education’s, Civil Rights, Brandeis Center for Human, of Education, The, Education, Republican Party, Jewish Locations: Gaza, Washington, U.S, , Iowa, Washington ,, FARA, Chicago, Israel, Vietnam, York
Fred Harris, a former U.S. senator from Oklahoma, presidential hopeful and populist who championed Democratic Party reforms in the turbulent 1960s, died Saturday. “Fred Harris passed peacefully early this morning of natural causes. “I think it’s worked wonderfully,” Harris recalled in 2004, when he was a delegate to the Democratic National Convention in Boston. Sen. Fred Harris of Oklahoma at a Democratic party commission meeting in 1969, in Washington. “Fred Harris had a real ability to articulate those concerns, particularly of the downtrodden.”In 1968, Harris served as co-chairman of the presidential campaign of then-Vice President Hubert Humphrey.
Persons: Fred Harris, Harris ’, Margaret Elliston, “ Fred Harris, ” Elliston, Harris, it’s, ” Harris, “ It’s, , , Sen, Fred Harris of, Jimmy Carter, Fred, “ I’ve, Michelle Lujan Grisham, “ Sen, Lyndon Johnson, Lynn A, Curtis, Milton S, Norman Ornstein, ” Ornstein, Hubert Humphrey, Humphrey, Johnson, Republican Richard Nixon, Martin Luther King, Robert Kennedy, Robert S, Kerr, Howard Edmondson, — Charles “ Bud ” Wilkinson, LaDonna Vita Crawford, Byron, Laura Organizations: Democratic Party, Associated Press, Senate, Democratic National Committee, Democratic National Convention, African, Democratic, University of New, Democratic Party of New, Comanche, ” New, ” New Mexico Gov, National Advisory Commission, Civil Disorders, Kerner Commission, Eisenhower Foundation, American Enterprise Institute, Republican, University of Oklahoma, J, OU Locations: U.S, Oklahoma, New Mexico, Corrales, Chicago, Boston, Fred Harris of Oklahoma, Washington, New Hampshire, University of New Mexico, Democratic Party of New Mexico, , ” New Mexico, Vietnam, Walters, Texas, Lawton
They're trying to figure out what to do. They're trying to figure out what to do. Thanks to muscle memory from the tariffs Trump imposed in 2018, he says, many businesses are speeding up their shipping schedules — racing to get as many goods as possible into the country before any new tariffs are implemented. So did dryers, even though they weren't subject to tariffs — companies figured customers would assume that two related products were subject to the same inflationary forces. Related stories"If they can accelerate big purchases they know they're going to make, they should do that," says Lovely, the senior fellow at the Peterson Institute.
Persons: Donald Trump's, I'm, I've, Jolie, Trump, Greg Daco, Mary Lovely, Ernie Tedeschi, Biden, Steve Madden, Paul Brashier, Brashier, Stephen Lamar, Mike Brey, Brey, Lindsay Owens, Tedeschi, it's, didn't, Emily Stewart Organizations: Trump . Companies, Yale Budget, Peterson Institute, Yale Budget Lab, ITS Logistics, Trump, American Apparel and Footwear Association, Hobby Works, tote, Apple Watch, Business Locations: United States, New York City, China, EY, American, Vietnam, Mexico, USA
This past week marked 58 years since the opening night for the Broadway premiere of “Cabaret” in 1966. The composer John Kander, the lyricist Fred Ebb and the playwright Joe Masteroff wrote “Cabaret” in collaboration with the director Harold Prince as a response to the era. Night after night, I witnessed audiences grappling with the raw, unsettling reflection that “Cabaret” held up to them. I’m hearing from friends in the current Broadway production of “Cabaret” that the line is once again getting an audible response, but of a different sort. Today, it seems the line is playing exactly as the Nazi-sympathizing Emcee would have intended.
Persons: John Kander, Fred Ebb, Joe Masteroff, Harold Prince, , Kat Club’s, Nazism, , gasped Organizations: Broadway, Overseas, Nazi Locations: Vietnam, Berlin, America, Boston
(AP) – Fred Harris, a former US senator from Oklahoma, presidential hopeful and populist who championed Democratic Party reforms in the turbulent 1960s, died Saturday. “I think it’s worked wonderfully,” Harris recalled in 2004, when he was a delegate to the Democratic National Convention in Boston. “It’s made the selection much more legitimate and democratic.”“The Democratic Party was not democratic, and many of the delegations were pretty much boss-controlled or -dominated. Harris ran unsuccessfully for the Democratic presidential nomination in 1976, quitting after poor showings in early contests, including a fourth-place win in New Hampshire. We had my Senate seatmate Robert Kennedy killed and then we had this terrible convention,” Harris said in 1996.
Persons: – Fred Harris, Harris ’, Margaret Elliston, “ Fred Harris, ” Elliston, Harris, it’s, ” Harris, “ It’s, , , Jimmy Carter, Fred, “ I’ve, Michelle Lujan Grisham, “ Sen, Lyndon Johnson, Lynn A, Curtis, Milton S, Norman Ornstein, ” Ornstein, Hubert Humphrey, Humphrey, Johnson, Republican Richard Nixon, Martin Luther King, Robert Kennedy, Oklahoma Sen, Fred R, Bob Daugherty, Sen, Robert S, Kerr, Howard Edmondson, — Charles “ Bud ” Wilkinson, LaDonna Vita Crawford, Byron, Laura Organizations: Democratic Party, Associated Press, Senate, Democratic National Committee, Democratic National Convention, African, Democratic, University of New, Democratic Party of New, Comanche, ” New, ” New Mexico Gov, National Advisory Commission, Civil Disorders, Kerner Commission, Eisenhower Foundation, American Enterprise Institute, Republican, Disorders, University of Oklahoma, J, OU Locations: Oklahoma, New Mexico, Corrales, Chicago, Boston, New Hampshire, University of New Mexico, Democratic Party of New Mexico, , ” New Mexico, Vietnam, Walters, Texas, Lawton
NEW YORK — Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie’s deadpan Thanksgiving standard, “Alice’s Restaurant Massacree,” has died at age 83. Guthrie wrote that she died in Provincetown, Massachusetts, her residence for some 40 years, and referred to her being in failing health. The chorus was a tribute to Alice — whose restaurant, Guthrie pointed out, was not actually called Alice’s Restaurant — that countless fans have since memorized:You can get anything you want at Alice’s Restaurant / You can get anything you want at Alice’s Restaurant / Walk right in it’s around the back / Just a half a mile from the railroad track / You can get anything you want at Alice’s Restaurant. “Alice’s Restaurant” was the title of his million-selling debut album, and the basis of a movie and cookbook of the same name. Her honor was immortalized by Guthrie, who late in “Alice’s Restaurant” advised: “You can get anything you want” at Alice’s Restaurant, “excepting Alice.”
Persons: Alice Brock, Arlo, , Guthrie, ” Guthrie, “ Alice, we’d, Alice May Pelkey, Brock, Sarah, Ray Brock, Arlo Guthrie, Angela Weiss, Woody Guthrie, Richard Robbins, Alice — Organizations: Records, Democratic Society, Sarah Lawrence College, Greenwich Village, Getty, Stockbridge School, Police, Guthrie Center Locations: Massachusetts, Provincetown , Massachusetts, New York City, Greenwich, New York, US, Bethel , N.Y, Stockbridge, Vietnam, it’s, Stockton
AdvertisementBack to their rootsUS Marine amphibious assault vehicles approach the USS Wasp during a 2020 ship-to-shore exercise. This is transforming the US Marine Corps into "an archipelagic maneuver force designed to conduct littoral, sea-denial operations," Tangredi said. Ironically, the US Marine Corps is returning to its historical roots. This is what the US Marine Corps did for most of its history since its founding in 1775. AdvertisementAs for Chinese marines, their historical purpose was to storm Taiwan, not garrison tiny atolls on behalf of the navy.
Persons: Sam Tangredi, Tangredi, Lance Cpl, Jacqueline Parsons, Rudyard Kipling, Michael Peck Organizations: US Marine Corps, US, China's, Corps, Chinese Communist Party, CCP, China Maritime Studies, US Naval, PLA, People's, Army, PLAN, People's Liberation Army Navy, People's Liberation Army Navy Marine Corps, Nationalist, War College's Institute for Future Warfare, Marine, USS, US Navy, senior Marine, USMC, US Army, 3rd Littoral Regiment, South China, Marines, Navy, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, Taiwan, United States, South China, of Africa, East, South, Roman, Vietnam, Iraq, Afghanistan, Pacific, America, Forbes
Laos has tried to rebrand Vang Vieng as less of a party destination. Vang Vieng and its mountainous surroundings are a base for outdoor activities, including kayaking, jungle trekking, parasailing, tubing and rock climbing. Foreign tourists kayaking and tubing on the Song River in Vang Vieng, Laos, on November 19. “(We are) aware of a number of cases of suspected methanol poisoning in Vang Vieng, possibly through the consumption of methanol-laced alcoholic drinks,” the US Embassy in Vientiane said in a health alert Friday. The warning came after the US State Department confirmed to CNN that an American citizen had died in Vang Vieng.
Persons: Vang Vieng, Vang, Anupam Nath, CNN’s Helen Regan, Isaac Yee, Eve Brennan Organizations: CNN, UNESCO, Vang, US State Department Locations: Southeast Asia, Vang, Laos, United States, United Kingdom, Vientiane, Luang Prabang, South Korea, China, Vang Vieng, New Zealand, Australia, Canada, American, Vietnam, Thailand, France, Russia, Japan
"I'm skeptical he'll actually do it," Johnson said of Trump's tariff policy. With all of these negative implications, Johnson isn't convinced that Trump's tariffs will be as drastic as they were presented on the campaign trail. Mass deportation is a logistical nightmareTrump's mass deportation plans don't make economic sense to Johnson, either. It's still too early to predict how Trump's policies will pan out, but for now, Johnson is seeing drastic barriers to Trump's tariff and immigration plans. Should Trump go through with his tariff and immigration policies, it'll be up to the American people to judge their efficacy and implementation.
Persons: Donald Trump, Nobel, Simon Johnson doesn't, Johnson, Simon Johnson, Trump, We've, They're, he'll, Jan Hatzius, Goldman Sachs, Johnson isn't, it's, Thomas Homan, That's, It's, they're, it'll Organizations: Massachusetts Institute of Technology, Trump, American Immigration Locations: China, Johnson, Vietnam, Mexico, United States
Mauro Pimentel/AFP/Getty ImagesThe moment was a fluke, the type of logistical error that’s almost inevitable at gatherings of almost two dozen world leaders. Yet it was difficult to ignore the impression it left: that Biden is disappearing from view as the world turns its attention to his successor. What members of Biden’s team have been willing to acknowledge is how little they actually know about what Trump and his team may be planning. In Lima and Rio de Janiero, Biden fielded no questions from the press and his aides spoke only off-camera. Reporters had opportunities to ask Biden questions at the G20 summit in Rome in 2021, in Bali in 2022, and in Vietnam in 2023, following the summit’s conclusion in India the prior day.
Persons: Joe Biden’s, Donald Trump, Trump, Biden, I’m, , ” Biden, he’s, Xi, India’s Narendra Modi, Turkey’s Recep Tayyip Erdoğan, Justin Trudeau, Mauro Pimentel, Erdogan, Trump’s, , ” Trump, Javier Milei —, , elect’s, ” Biden’s, Tulsi Gabbard, Pete Hegseth, Jake Sullivan, “ They’ll, White, Janiero, Sullivan, India’s Modi, Emmanuel Macron, Olaf Scholz, Barack Obama, Obama, we’re, ” Obama Organizations: Rio de Janeiro CNN, Trump, Biden, Canadian, Photographers, Getty, “ YMCA, Pentagon, White, Seven, NATO, Lima Convention Center, APEC Locations: Rio de Janeiro, South America, Peru, Brazil, AFP, Lago, Florida, America, Lima, Rio, Finland, Rome, Bali, Vietnam, India, France, Paris, Berlin, United States
Vietnam's FPT Software discusses its Japan business strategy
  + stars: | 2024-11-18 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVietnam's FPT Software discusses its Japan business strategyChu Thi Thanh Ha, chair of the Vietnamese software company, discusses expansion plans and how it captures market share in Japan.
Persons: Chu, Thanh Ha Organizations: Software Locations: Japan
AdvertisementI took a luxury river cruise through Vietnam and Cambodia with Scenic Luxury Cruises and Tours. In fact, this year, the Royal Caribbean launched the world's largest cruise ship and announced that its next megaship of the same size would be setting sail next year. In September, I booked the smallest cruise I've experienced yet — a 68-passenger riverboat with Scenic Luxury Cruises and Tours. After this intimate river cruise, I fear I'm now spoiled forever. Although I received this cruise complimentary from Scenic Luxury Cruises and Tours, the rate for my sailing would've been about $7,075.
Persons: I've Organizations: Cruises, Royal Caribbean, Scenic, Luxury Cruises Locations: Vietnam, Cambodia
Ukraine can defeat Russia if it and its Western backers learn from America's failure in the Vietnam War, a Ukrainian security expert argues. Danylyuk attributes America's failure in Vietnam to a "protracted multi-dimensional strategy by the Soviet Union, on whose help it was completely dependent." Crucial ways to defeat Russia's invasion can be found in the Soviet Union's multi-pronged strategy in Vietnam, analyst Oleksandr Danylyuk says. AP Photo/John T. WheelerThe first prong of this strategy would be to "stabilize the frontline and to render any successful offensive actions by Russian troops impossible." "The only explanation for the lack of a mass anti-war movement and large-scale protests is the absence of an organized and popular opposition in Russia," Danylyuk said.
Persons: Ukraine's, Oleksandr Danylyuk, Danylyuk, Johnson, Nixon, John T, Wheeler, Vladimir Putin's, Michael Peck Organizations: Ukraine, Royal United Services Institute, Ukrainian, Soviet, Communist bloc, AP, Gripen, Meteor, MiG, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Soviet, Vietnam, Ukraine, Russia, Ukrainian, British, China, Soviet Union, Hanoi, Saigon, South Vietnam, Vietnam's, Viet, Moscow, Saudi Arabia, Russian, Kabul, Forbes
That's sure to result in increased volatility for the companies in our portfolio exposed to China, the world's second-largest economy. Consumer-dependent stocks Apple and Starbucks may be the most at risk given they are more discretionary versus the aforementioned names. At the Club, Jim has bestowed his "own it, don't trade it" designation on only those two stocks, Apple and Nvidia. AAPL YTD mountain Apple YTD Furthermore, while China growth may be tempered, Apple is aggressively looking to grow its presence in India — both on the consumer side and product manufacturing side of its business. Bottom line The risks for companies that do business in China have certainly increased following Trump's presidential election win.
Persons: Donald Trump, Jim Cramer, Joe Biden, Jensen Huang, Leonardo da Vinci, Lisa Su, Su, Tim Cook, Trump, Jim, China —, Brian Niccol, Niccol, we're, Jim Cramer's, Xi Jinping, Kevin Lemarque Organizations: Devices, Nvidia, GE Healthcare, Apple, AMD, Trump, Club, Bloomberg, U.S, Starbucks, Yum Brands, China, Taco Bell, Chipotle, Jim Cramer's Charitable, CNBC Locations: we're, China, U.S, India, Vietnam, Osaka, Japan
Under a 25% tariff on goods from China, the Wall Street investment bank sees an EPS loss for Apple of 9.2%. Those estimates make Apple the fifth most vulnerable tech company to potential tariffs on goods from China in Morgan Stanley's research coverage. Bank of America analyst Wamsi Mohan agrees, seeing any tariff impact as "manageable." He sees a 60% tariff on Chinese goods possibly resulting in about a 4% hit to Apple's EPS. By contrast, Dell – which he noted looks positioned to be "most vulnerable" to tariffs – could see an EPS impact of up to about 90%, according to his model.
Persons: Donald Trump's, Tim Cook's Apple, Morgan Stanley, Erik Woodring, Trump, Tesla, , Morgan, it's, Angelo Zino, Zino, Wamsi Mohan, Apple, Bernstein, Toni Sacconaghi, Sacconaghi, It's, BofA's Mohan, Mohan, Jason Snipe Organizations: Apple, Wall, CNBC, of, Bank of America, Dell, Odyssey Capital, Apple Intelligence Locations: China, U.S, India, Vietnam, Malaysia
When I awoke last week to the news that Donald Trump had been elected president once again, my first impulse was to write. In my experience, good writing requires four things: precision of language, the freedom to say anything, respect and — perhaps most important — love. The responsibilities of the writer today are no different from those of any writer in any age. But the presence, character and now considerable power of President-elect Trump make the work of fulfilling those responsibilities all the more difficult and urgent. Precision, freedom, respect and love: These qualities are sorely missing in Mr. Trump and his vision for our country.
Persons: Donald Trump, Trump, Richer Locations: Vietnam
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