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Russian President Vladimir Putin speaks during the Second Summit Economic And Humanitarian Forum Russia Africa on July 27, 2023 in Saint Petersburg, Russia. Russian President Vladimir Putin is weighing whether to attend his first in-person meeting with Western leaders since his forces invaded Ukraine in 2022, a Kremlin source tells NBC News. In 2014, after Russia's annexation of Crimea, Putin was publicly shunned and sidelined during the G20 meeting in Australia. Next month's G20 summit is already set to be the most contentious in years and an important litmus test of many countries' true positions on Ukraine. "And some of the leaders, including President Biden, already decided to ignore President Putin and not take any picture with him."

Persons: Vladimir Putin, Putin, hasn't, Xi Jinping, Alexey Maslov, Maslov, Jonathan Eyal, Dmitry Peskov, Nirmala Sitharaman, Cyril Ramaphosa, Andrei Fedorov, Russia's, Putin's, Fedorov, Biden, Jamal Khashoggi, Modi, Eyal Organizations: Russia Africa, Summit ., Western, NBC News, Kremlin, Institute of, Studies, Moscow State University, Royal United Services Institute, International, ICC, United Nations, Washington Post, Mr Locations: Saint Petersburg, Russia, Ukraine, New Delhi, Russian, Belarus, China, Central, London, Crimea, Australia, Bali , Indonesia, France, Bali, Russia's, Johannesburg, Brazil, India, South Africa, Rome, United States, Saudi Arabia, Saudi

☆ Why a stalled Ukrainian offensive could represent a huge political problem for Zelensky in the US
▼ + stars: | 2023-08-09 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

And even if Trump is not the GOP nominee in 2024, ebbing public support for the war could hurt Biden. Therefore, for political, as well as strategic reasons, there is huge pressure on Ukraine’s long-awaited counteroffensive this summer to produce significant battlefield breakthroughs. Any suggestion that Ukraine’s offensive has been bogged down will deepen that skepticism over a prolonged US commitment. Soon after the Russian invasion in February 2022, 62% said the US should do more to support Ukraine. The political dynamics in the House represent a rather precarious foundation for Ukraine’s vital US support, underscoring why a stalled offensive could represent a political disaster for Zelensky in the United States as well as a strategic loss for Ukraine at home.

Persons: Volodymyr Zelensky’s, Vladimir Putin, Joe Biden, Donald Trump, Putin, Trump, Biden, CNN’s Jim Sciutto, bleakly, Ukraine’s, Zelensky, ” Zelensky, ” It’s, Mark Hertling, ” Hertling, darkens, George H.W, George H.W . Bush, Kevin McCarthy, John Kirby, CNN’s Wolf Blitzer, He’s, Chris Christie, Nikki Haley, Mike Pence –, there’s Organizations: CNN, GOP, Senior, Ukraine, Army, Republican, Democratic, Trump Republicans, National Security, New, New Jersey Gov, South Carolina Gov Locations: US, Ukraine, Moscow, United States, NATO, Russia, Kyiv, Washington, Boston, Saudi Arabia, Crimea, George H.W ., Iowa, New Hampshire, New Jersey

☆ Read Your Way Through Appalachia
▼ + stars: | 2023-08-09 | by ( Barbara Kingsolver | ) www.nytimes.com time to read: +2 min

Appalachia is a region and a mind-set. Appalachia has few large cities, our economies are land-based and, unless you live here, we’re probably not what you think. It’s “Appal-achia.” As in, “If you keep that up, I’ll throw this apple atcha.” But in fact, we won’t. We tend toward heart-blessing kindness in the way of small-town folks who rely on each other in good times and bad, and live together regardless. Weighing in at nearly three pounds, “Writing Appalachia: An Anthology,” edited by Katherine Ledford and Theresa Lloyd, is too big to pack but too wonderful to miss.

Persons: we’re, “, King James Bible, ”, Katherine Ledford, Theresa Lloyd, — James Still, Jesse Stuart, Harriette Simpson, Steven Stoll’s, Stoll, otherness Locations: Appalachia, Georgia , Tennessee, North Carolina, Virginia, Kentucky, West Virginia, Pennsylvania, State

☆ Ukraine Warns of Renewed Russian Infrastructure Attacks
▼ + stars: | 2023-08-09 | by ( Enjoli Liston | Diego Ibarra Sanchez | ) www.nytimes.com time to read: +4 min

The findings echoed the warnings President Volodymyr Zelensky of Ukraine said he gave allies ahead of the counteroffensive that began in early June. “The most glaring deficiency is the inability of Ukraine’s partners to appreciate the lead times between decisions and their desired effects,” Mr. Watling wrote. Even so, Mr. Watling noted, decisions to fulfill the requests were not made until mid-January. That is when Britain, France, Germany and the United States agreed to send Western tanks and other armored fighting vehicles to Ukraine, essentially allowing other NATO countries to follow suit. But the fight has unfolded slowly, with Ukraine’s forces tripped up by minefields and outgunned by Russian forces.

Persons: Volodymyr Zelensky, Jack Watling, Mr, Watling, Abrams, “, Zelensky, ” Organizations: Royal United Services Institute for Defense, Security Studies, United, Ukrainian, NATO Locations: British, Ukraine, Britain, France, Germany, United States, Russia, Russian

☆ China tells Russia it will uphold 'impartial' position on Ukraine
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +1 min

Russian Foreign Ministry/Handout via REUTERS/File PhotoBEIJING, Aug 7 (Reuters) - China's Foreign Minister Wang Yi told his Russian counterpart Sergei Lavrov in a phone conversation on Monday that China would uphold an independent and impartial position on Ukraine as it strives to find a political settlement to the issue. The statement came after the ministry said earlier on Monday that international talks in Saudi Arabia at the weekend on finding a peaceful resolution to the Ukraine crisis had helped "to consolidate international consensus". More than 40 countries, including China, India, the United States and European countries, but not Russia, took part in the Jeddah talks that ended on Sunday. Beijing has refused to condemn Moscow for the invasion of Ukraine it launched in February 2022. It has offered its own peace plan, which received a lukewarm response in both Russia and Ukraine, while the United States and NATO were sceptical.

Persons: Sergei Lavrov, Central Foreign Affairs Commission Wang Yi, Wang Yi, Lavrov, Li Hui, Farah Master, Andrew Cawthorne, Alex Richardson Organizations: Russia's, Central Foreign Affairs Commission, ASEAN Foreign, Russian Foreign Ministry, REUTERS, China's, Eurasian Affairs, NATO, Beijing, Thomson Locations: Jakarta, Indonesia, BEIJING, China, Ukraine, Saudi Arabia, India, United States, Russia, Jeddah, Beijing, Moscow

☆ Saudi’s MBS wants more than peace at his Ukraine summit
▼ + stars: | 2023-08-04 | by ( Nic Robertson | ) edition.cnn.com time to read: +7 min

“Our goal in Saudi Arabia is to develop a unified vision of the formula and to work out the possibilities of holding the future Global Peace Summit,” they said, referring to Ukraine’s peace plan. That summit produced no major headlines, nor a discernable drift to Ukraine’s prerequisite for peace that Russian troops exit Ukraine. Like the roads that led to Rome in its day, Saudi Arabia is increasingly at the confluence of competing global interests. In spring this year, Saudi Arabia and China announced a confidence-building peace plan with Iran to repair their hostile relationship. All of this of course is way outside the scope of the Jeddah peace summit and Russia’s unprovoked war of aggression in Ukraine.

Persons: Prince Mohammed bin Salman, ”, “, Jake Sullivan, Biden, Xi, Putin, It’s, Volodymyr Zelensky’s Organizations: CNN, Saudi, MBS, Peace, National, CNN US State Department, Danes, NATO, African Union Locations: Jeddah, stewing, Ukraine, Russia ”, India, Saudi Arabia, Moscow, ”, Kyiv, Denmark, Rome, Yemen, China, Iran, Russia, Washington, Saudi, Gulf, Israel, Europe, Africa, St Petersburg, Ukrainian

☆ Opinion | The U.S. Is Finally Trying to Fix Its Money-Laundering Problem
▼ + stars: | 2023-08-02 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

On Dec. 9, 2021, at the inaugural Summit for Democracy, Treasury Secretary Janet Yellen made a stunning admission: Her country had become the world’s most sought-after shelter for criminals’ money. “In the popular imagination,” she said, according to the prepared text for the virtual event, “the money-laundering capitals of the world are small countries with histories of loose and secretive financial laws. The good news: They’re slowly succeeding. New laws and rules, most of which were in the works before her speech, are stripping away veils of secrecy, making it easier to find and prosecute the bad guys. That’s good for democracy, because nothing corrodes faith in democracy more than the sense that the system is rigged and cheaters prosper.

Persons: Janet Yellen, ”, ” Yellen, They’re, Raymond W, Baker, Democracy — Organizations: for Democracy, “, Democracy Locations: United States

India's Prime Minister Narendra Modi speaks during a meeting at The Ministry of Foreign Affairs in Paris France July 14, 2023. JULIEN DE ROSA/Pool via REUTERS/File PhotoNEW DELHI, Aug 2 (Reuters) - Indian Prime Minister Narendra Modi is likely to be a virtual participant at a summit of BRICS nations in South Africa later this month rather than attend in person, sources in New Delhi told Reuters. China and Russia are keen to discuss expansion of BRICS at the summit, while India has reservations about that idea. The SCO summit was held days after Modi returned from a state visit to Washington where President Joe Biden rolled out the red carpet for him. India holds the presidency of the G20 grouping and will host a summit of its leaders in early September.

Persons: Narendra Modi, JULIEN DE ROSA, Modi, Vladimir Putin, Joe Biden, Rupam Jain, Krishn Kaushik, YP Rajesh, Simon Cameron, Moore Organizations: India's, The Ministry of Foreign Affairs, Indian, Reuters, Shanghai Cooperation Organisation, SCO, YP, Thomson Locations: Paris France, South Africa, New Delhi, Johannesburg, Brazil, Russia, India, China, Russian, BRICS, United States, Beijing, Washington, Ukraine, Moscow

☆ Opinion | From Jacobites to Populists
▼ + stars: | 2023-08-02 | by ( Ross Douthat | ) www.nytimes.com time to read: +3 min

It’s not that today’s populists (a few intellectuals aside) favor the restoration of an absolute or Catholic monarchy. Rather, like the original Jacobites, they represent a hodgepodge of somewhat disparate causes, unified mostly by their oppositional and outsider status, their distance from and defiance of the Whiggish metropole. As Frank McLynn points out in his history of the Jacobites, whatever specific designs the Stuarts had in mind, their movement always included a variety of competing ideological and religious tendencies. There were English Jacobites who wanted to see the Stuarts enthroned over all the British Isles. There were also plenty of opportunists, familiar from the grifter politics of our own day — smugglers and privateers seeking relief from a centralizing British state, bankrupt gentry seeking relief for their accumulated debts.

Persons: Donald Trump’s, Bonnie Prince Charlie, Trump, Frank McLynn Organizations: European Union, London, Whig, Jacobite, Jacobites, Scottish Locations: England, United Kingdom, Scotland, Northern Ireland, Europe, Ulster, United States, Scottish, British, London

☆ TPG Telecom gets $4.2 bln offer for non-mobile fibre assets from Vocus
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +2 min

TPG Telecom said that Vocus made a non-binding offer to acquire certain Enterprise, Government and Wholesale (EGW) assets and associated fixed infrastructure assets, including wholesale broadband business Vision Network. Shares of TPG Telecom ended 11.6% higher at A$5.600 after resuming trading, marking their biggest intraday jump ever and finishing the day at their highest closing level since May 15. TPG Telecom said it has provided Vocus exclusive due diligence, which is set to expire on September 6. A spokesperson for Vocus said "discussions with TPG are confidential, subject to conditions and regulatory approvals. ($1 = 1.4977 Australian dollars)Reporting by Sameer Manekar in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Vocus, Sameer Manekar, Sonia Cheema Organizations: TPG, TPG Telecom, Enterprise, Government, Wholesale, Vision, Telstra Group, Telstra, Vision Network, Australian Financial, Asset Management, Thomson Locations: Macquarie, Vocus, Bengaluru

☆ Trump told his top military advisor 'we're going to give that to the next guy,' apparently conceding Biden's win days before January 6
▼ + stars: | 2023-08-01 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

In a meeting with Gen. Mark Milley, Trump said "it's too late for us" and "we're going to give that to the next guy." According to special counsel Jack Smith's indictment, Trump had been informed that Inauguration Day was fast approaching. "Yeah, you're right, it's too late for us," Trump told Milley and another unnamed advisor, according to the indictment. The meeting is a key part of Smith's indictment of the now-former president for his actions before and during the January 6, 2021 Capitol riot. The nation's highest-ranking military officer was reportedly worried about a "Reichstag moment" during Trump's final days in office.

Persons: Trump, Mark Milley, it's, Jack Smith's, Donald Trump, Joe Biden, Milley, Biden Organizations: Service, Joint Chiefs of Staff, Electoral, Trump Locations: Wall, Silicon, Reichstag

☆ Travel news: When to book airline flights and why you shouldn’t check your bag
▼ + stars: | 2023-07-29 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Read tips on how you can make your next trip greener and then check out the rest of the news from the world of travel this week. Lost bags are partly why luggage trackers have become the hottest travel accessory of 2023. If it’s the largest mirror-covered building in the world you’re looking for, though, the place to head is Saudi Arabia. If you’re a camping novice, our explainer tells you everything you need to know before you set out.

Persons: Read, Keen, Barry Sherry, “, ”, Scott Keyes, we’re, There’ll, They’ve, Bon, New Englanders, Le Bec Sucre Organizations: CNN, Discovery Channel, Warner Bros, San Locations: Europe, That’s, California, Oklahoma, Las Vegas, Saudi Arabia, Rhode Island, France, New, San Francisco, Spain, Japan, Mexico, Tokyo

☆ Opinion | The Case for Tourism
▼ + stars: | 2023-07-28 | by ( Ross Douthat | ) www.nytimes.com time to read: +3 min

Agnes Callard, a University of Chicago philosopher, infuriated various portions of the internet in June with an essay making the case against travel. Though really it was the case against tourism, since Callard exempted many forms of travel — for work or study, for personal or political reasons or charitable service — from her critique. The traveler departs confident that she will come back with the same basic interests, political beliefs and living arrangements. So I refrained from any comment on her thesis, assuming — like every other self-deluded tourist — that I would return more enlightened than before. But casting my mind back to that distant prior self, I dimly remember having two reactions to Callard’s essay.

Persons: Agnes Callard, Walker Percy, Ralph Waldo Emerson, Chesterton, Callard, Mona Lisa, ’, Percy Organizations: University of Chicago, Scottish Locations: G.K, France, Britain, Netherlands

☆ Ron DeSantis is trailing Trump in the polls because he hasn’t ‘hit him hard enough’ and isn’t a ‘memorable personality,’ political experts say
▼ + stars: | 2023-07-27 | by ( Lloyd Lee | Hannah Getahun | ) www.businessinsider.com time to read: +6 min

Ron DeSantis hoped that Donald Trump's legal woes would hurt his opponent, per The New York Times. A USC political science professor told Insider that DeSantis hasn't hit Trump "hard enough." With eight months until the primaries, the public's opinion can still change — and so can Trump's legal standing. As for Trump's top challenger for the GOP nomination, Grose said DeSantis hasn't quite "hit him hard enough." Regardless, it appears like the DeSantis campaign is working hard on its reboot.

Persons: Ron DeSantis, Donald Trump's, Trump, Jack Smith, Christian Grose, Grose, DeSantis, Biden, Justice Department's, kowtowing, Anthony Fauci, Cal Jillson, Jillson, —, Ronald Reagan, Bill Clinton, Donald Trump, He's Organizations: New York Times, Trump, USC, Service, GOP, Truth, University of Southern, Republican, Biden Administration, Department of Justice, Justice, CNN, Southern Methodist University, Politico Locations: Florida, Wall, Silicon, Trump, University of Southern California, DeSantis, Iowa, New Hampshire

The audit has not changed the U.S. Treasury's view that the bank must make reforms before the department will support disbursements from the Afghan Fund to Da Afghanistan Bank, or DAB, as the central bank is known, said a U.S. Treasury official on condition of anonymity. It also must prove that it has "adequate" controls against money-laundering and terrorism financing and install a "reputable" independent monitor, said the Treasury official. A Taliban administration spokesman and a spokesperson for the Afghan central bank did not respond to request for comment. Afghanistan remains mired in grave humanitarian and economic crises that some experts say has been worsened by U.S. restrictions hampering DAB's ability to perform key central bank functions, such as ensuring stable exchange rates and prices. Calling the audit a "preliminary assessment," the Treasury official said its "limitations" suggested that "more comprehensive third-party assessment efforts may be needed."

Persons: ”, disbursements, Shah Mehrabi, Mehrabi, Anwar ul, Haq Ahady, Jonathan Landay, Charlotte Greenfield, Don Durfee Organizations: U.S ., Afghan, Da, Da Afghanistan Bank, Treasury, Federal Reserve Bank of New, DAB, U.S . Agency for International Development, USAID, U.S, Afghan Fund, State Department, The State Department, Reuters, Thomson Locations: WASHINGTON, ISLAMABAD, U.S, Da Afghanistan, Swiss, Federal Reserve Bank of New York, Afghan, Washington, United States, Afghanistan, American

☆ Ryanair will return to Ukraine within weeks of war ending
▼ + stars: | 2023-07-21 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —Ryanair is planning to connect major airports in Ukraine to almost two dozen European capitals within weeks of the country’s airspace reopening when the war ends. Ryanair (RYAAY) said in a statement Thursday it would offer flights to and from Ukraine within eight weeks of that happening. Speaking from Kyiv, Ryanair CEO Michael O’Leary said the carrier would “charge back” into Ukraine after the war. “The visit of Ryanair senior management to Boryspil Airport is a powerful signal that the largest airline in Europe sees huge potential in the Ukrainian air transport market,” said Boryspil International Airport CEO Oleksiy Dubrevskyy. The move highlights Ukraine’s sustained efforts to court international investors, as it plans for its future after the war.

Persons: Michael O’Leary, O’Leary, “, ”, Oleksiy Dubrevskyy, Philips —, Volodymyr Zelensky Organizations: London CNN, Ryanair, Boeing, European Union Aviation Safety Agency, European Union, Kherson —, Boryspil, Boryspil International, Conference, Citi, Sanofi, Philips, BlackRock, JPMorgan, Ukraine Development Fund Locations: Ukraine, Kyiv, Lviv, Odesa, Kharkiv, Kherson, ”, Ukrainian, Europe, London

☆ Kremlin says it won't cut ties with West, dialogue channels still needed
▼ + stars: | 2023-07-17 | by ( ) www.reuters.com time to read: +1 min

"In the most acute moments, we need channels for dialogue," Kremlin spokesman Dmitry Peskov told reporters. "We know very well how deep the coordination is between the Kyiv regime, Washington, a number of European capitals and NATO," Peskov said. "We know perfectly well how much information comes from NATO and Washington to Kyiv on a permanent basis. But a reporter's question about the possibility of cutting diplomatic relations with the West was "not quite correct" because of the need to keep dialogue channels open, he said. Reporting by Reuters; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Dmitry Peskov, Peskov, Maria Zakharova, Hugh Lawson Organizations: NATO, Foreign Ministry, Reuters, Thomson Locations: United States, Ukraine, Russia, Crimea, Britain, Washington, Kyiv

☆ Soaring temperatures to record rainfall: flooding ravages East Asia as climate crisis takes hold
▼ + stars: | 2023-07-17 | by ( Heather Chen | ) edition.cnn.com time to read: +8 min

Record temperatures also led to a rise in heat-related illnesses, particularly among vulnerable communities such as the elderly. In response to the loss of life, South Korean President Yoon Suk Yeol called for an overhaul of the country’s approach to extreme weather. “This kind of extreme weather event will become commonplace — we must accept climate change is happening, and deal with it,” Yoon said Monday. A vulnerable regionScientists have warned the frequency and intensity of extreme weather events will continue to increase as the human-caused climate crisis accelerates. “Floods, droughts and other devastating climate events are “all showing us very clearly what will the future be,” she added.

Persons: Yoon Suk, ” Yoon, ”, John Kerry, Reuters Heatwaves, Shehbaz Sharif, Manish Swarup, —, “, Sunita Narain Organizations: Hong Kong CNN, CNN, Japan’s Meteorological Agency, Reuters, World Meteorological Organization, ”, United Nations General Assembly, Disaster, World Bank, Centre for Science Locations: Hong Kong, Japan, China, South Korea, India, South Korean, Cheongju, Philippines, Cambodia, Manila, Phnom Penh, Delhi, Beijing, Washington, Chongqing, Kiryu, Gunma Prefecture, Kyoto, Tokyo, Hatoyama, Saitama Prefecture, Asia, Pakistan, New Delhi, Himachal Pradesh, Assam, Uttarakhand, Punjab, Haryana, Uttar Pradesh, “

☆ Blinken Calls Blockade of Diplomatic Nominees a National Security Risk
▼ + stars: | 2023-07-17 | by ( Michael Crowley | More About Michael Crowley | ) www.nytimes.com time to read: +1 min

Vance of Ohio, have also blocked nominees for different reasons. “These delays are undermining our national security,” Mr. Blinken told reporters during an unusual appearance at the State Department’s daily news media briefing. The overwhelming majority of the stalled State Department nominees are career diplomats, and more than a third have been awaiting votes for about a year or more, he added. The aide noted that the vacancies put the United States at a disadvantage in its global competition with China, which many Republicans call their top foreign policy priority. Beijing has ambassadors in dozens of foreign capitals where the United States lacks them, the aide said.

Persons: Rand Paul of Kentucky, Biden, Ted Cruz of, Vance of, Mr, Blinken, ”, chargé d’affaires Organizations: State Department, Republican, State, Department, Democratic, Foreign Relations, World Health Organization, International Monetary Fund Locations: Ted Cruz of Texas, Vance of Ohio, United States, China, Beijing

☆ Opinion: Sending cluster bombs to Ukraine is a very bad idea
▼ + stars: | 2023-07-11 | by ( Opinion Michael Bociurkiw | ) edition.cnn.com time to read: +10 min

Michael Bociurkiw CNNOn Friday, after months of debate, US President Joe Biden announced that, as part of a new $800 million military aid package, the administration will be sending controversial cluster munitions to Ukraine. “No to cluster bombs and yes to the legitimate defense of Ukraine, which we understand should not be carried out with cluster bombs,” said Spain’s Defense Minister Margarita Robles. Discord among US allies over cluster munitions might have been avoided altogether, had western capitals moved more swiftly to provide Ukraine with lethal weaponry. To keep the Ukrainians from running out and being defeated, we must send them cluster munitions. Cluster munitions could bring Kyiv a temporary battlefield advantage.

Persons: Michael Bociurkiw, Joe Biden, “, ”, Margarita Robles, Biden, Volodymyr Zelensky, Emannuel Macron, Andre Luis Alves, ” Biden, William Taylor, Jake Sullivan, Vladimir Putin —, Erin Burnett, Zelensky Organizations: Atlantic Council, Organization for Security, Cooperation, CNN, Ukraine CNN —, Michael Bociurkiw CNN, Spain’s, NATO, Tactical Missile Systems, British Storm Shadow, Defense Department, Cluster Munitions, Human Rights Watch, United States Fund, UNICEF, “, Sunday, Anadolu Agency, Getty, Twitter Locations: Odesa, Europe, Kyiv, Ukraine, Canada, Spain, New Zealand, Germany, Margarita Robles . New Zealand, Lithuania, Vilnius, Russia, France, United States, Asia, Geneva, AVDIIVKA, UKRAINE, Avdiivka, Vladimir Putin — Ukraine, Odessa

☆ Watchdog with teeth can help EU hunt unicorns
▼ + stars: | 2023-07-11 | by ( Rebecca Christie | ) www.reuters.com time to read: +8 min

Yet the EU today is a long way from uniting its capital markets. By comparison, the United States has seven exchange groups, three listings exchanges and 16 trading exchanges, along with one clearing house and one depository. Bringing capital markets together through better regulation, as well as better market incentives, could keep the next generation of unicorns home. Follow @rebeccawire on TwitterCONTEXT NEWSEuropean Union leaders called for the EU to improve capital markets as part of a push for competitiveness at summits in March and June. Capital markets union is an EU endeavour launched in 2014 as a long-term project to boost investment across borders.

Persons: –, Austria’s i5invest, Backes, Magdalena Rzeczkowska, Nadia Calviño, ESMA, ” Calviño, won’t, centralisation, Francesco Guerrera, Oliver Taslic Organizations: Reuters, EU, ABC Fitness Solutions, Reuters Graphics Reuters, Canada, Berlin Brands Group, European Securities and Markets Authority, European, Central, Union, European Commission, Capital, Thomson Locations: BRUSSELS, Europe, China, Ukraine, Arkansas, London, Switzerland, United States, IPOs, Belgian, U.S, Paris, spillovers, Luxembourg, Poland, Brussels, EU, wean

☆ Pension funds reform: Britain is banking on this $3 trillion cash cow to revive its economy
▼ + stars: | 2023-07-11 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

London CNN —The UK economy badly needs a boost — and the government hopes the nation’s vast pension savings might deliver one. All UK workplace pension plans offer default funds, which savers who don’t choose their own investment strategy are automatically enrolled into. Measures to tap pension fund cash come at a crucial time for an economy suffering from stubbornly high inflation, depressed investment and feeble growth. UK pension funds’ exposure to domestic stock markets has fallen even more sharply: from 53% in 1997 to 6% in 2021. The combination of measures is likely to have “far-reaching” effects on the types of assets pension funds invest in, easing companies’ access to the capital they need to grow, he added.

Persons: Jeremy Hunt, Mercer, ” Hunt, Hunt, “, ”, Nicholas Lyons, Julia Hoggett, Nigel Peaple Organizations: London CNN, Aviva, London, European, London Stock Exchange, Nasdaq, EU, chipmaker ARM, House, of London Corporation, City of, Financial, New Financial, Pension, Lifetime Savings Association Locations: London, Britain, Frankfurt, Paris, New York, United States, United Kingdom, Edinburgh, City of London

☆ Turkey's Erdogan to host Putin, hopes for Black Sea grain deal extension
▼ + stars: | 2023-07-07 | by ( Can Sezer | ) www.reuters.com time to read: +3 min

ISTANBUL, July 8 (Reuters) - Turkey's President Tayyip Erdogan said on Saturday that he was pressing Russia to extend a Black Sea grain deal by at least three months and announced a visit by President Vladimir Putin in August. Erdogan said work was under way on extending the Black Sea grain deal beyond its expiration date of July 17 and for longer periods beyond that. The deal would be one of the most important issues on the agenda for his meeting with Putin in Turkey next month, he said. "Our hope is that it will be extended at least once every three months, not every two months. Russia, angry about aspects of the grain deal's implementation, has threatened not to allow its further extension beyond July 17.

Persons: Tayyip Erdogan, Vladimir Putin, Volodymyr Zelenskiy, Zelenskiy's, Erdogan, Putin, Zelenskiy, Petr Fiala, Stringer, Dmitry Peskov, Ezgi Erkoyun, Oleksandr Kozhukhar, Orhan Coskun, Elaine Monaghan, Huseyin Hayatsever, Jonathan Spicer, Gareth Jones, Diane Craft Organizations: Ukraine, United Nations, Zelenskiy, REUTERS, NATO, Western, Thomson Locations: ISTANBUL, Russia, Turkey, Bulgaria, Czech Republic, Ukraine, Czech, Prague, Crimean Tatars, Istanbul

☆ US to send Ukraine cluster munitions, NATO makes membership pledge
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +6 min

The cluster munitions "will deliver in a time frame that is relevant for the counteroffensive," a Pentagon official told reporters. Cluster munitions are prohibited by more than 100 countries.Russia, Ukraine and the United States have not signed on to the Convention on Cluster Munitions, which bans production, stockpiling, use and transfer of the weapons. BOTH SIDES SHOULD STOP USING CLUSTER BOMBS -HRWHuman Rights Watch has accused Russian and Ukrainian forces of using cluster munitions, which have killed civilians. Turkey's President Tayyip Erdogan said after meeting Zelenskiy that Ukraine deserved NATO membership and that Ankara would continue working on a negotiated end to the war. "Our summit will send a clear message: NATO stands united, and Russia's aggression will not pay," Stoltenberg said at a news conference in Brussels.

Persons: Washington's, Vladimir Putin, Jake Sullivan, Joe Biden, Anatoly Antonov, Antonov, Igor Ovcharruck, Clodagh, It's, Colin Kahl, Volodymyr Zelenskiy, Tayyip Erdogan, Zelenskiy, Jens Stoltenberg, Stoltenberg, Biden, Putin, Martin Griffiths, Griffiths, Robert Muller, Jason Hovet, Pavel Polityuk, Mike Stone, Phil Stewart, Idrees Ali, Michelle Nichols, Grant McCool, Diane Craft, David Gregorio Our Organizations: NATO, United States, Rights, United Nations, Pentagon, Cluster Munitions, White House, Watch, U.S, Washington, TASS, REUTERS, Treaty Organization, CNN, UN, Initiative, U.N, United, Thomson Locations: Russia, Ukraine, Russian, U.S, United States, Ukrainian, Kharkiv, Czech Republic, Slovakia, Turkey, Bulgaria, Zelenskiy, Ankara, Prague, Sofia, Brussels, Vilnius, Lithuanian, RUSSIA, Moscow, Odesa, United Nations, Kyiv, Washington

☆ No Russian ammo depots would be safe in Ukraine if the US provided longer-range HIMARS missiles and better drones, retired US general says
▼ + stars: | 2023-07-05 | by ( Jake Epstein | Chris Panella | ) www.businessinsider.com time to read: +6 min

ATACMS and new drones would allow Kyiv hit all Russian positions in Ukraine, a retired US general said. The Biden administration has been reluctant to send longer-range missiles and drones to Ukraine. Retired Lt. Gen. Ben Hodges told Insider that Washington is likely concerned about Russian escalation. ATACMS in particular could make it easier for Ukraine to target the occupied Crimean peninsula and Russia's Black Sea Fleet. "Because we, the US, have continued to refuse to provide ATACMS, we have, in effect, created a safe haven for the Russians inside Ukraine.

Persons: Biden, Ben Hodges, —, it's, Hodges, Serhii Mykhalchuk, Pat Ryder, Mark Milley, ATACMS, they've, Abrams, Vladimir Putin Organizations: Service, Army Tactical Missile, US Army, Army, Getty, Street, Pentagon Press, Air Force, Joint Chiefs, Staff, Artillery, Shadow, AP, NATO, Kyiv Locations: Ukraine, US, Washington, Moscow, Russian, Army Europe, Kyiv, ATACMS, Crimean, Ukrainian, Odesa, Sevastopol, Donetsk Oblast, Zaporizhzhia region, Russia

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