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☆ Inside the Quest to Make Fusion Energy a Reality
▼ + stars: | 2024-11-15 | by ( Raymond Zhong | ) www.nytimes.com time to read: +15 min

The Quest to Build a Star on Earth Start-ups say we’re closer than ever to near-limitless, zero-carbon energy from fusion. Today’s fusion start-ups aren’t just preparing for this moment in the lab. Such advances helped the Lawrence Livermore National Laboratory produce more fusion energy than the energy in the incoming laser beams, for the briefest of moments, in 2022. They also helped European researchers generate record amounts of fusion energy at a facility in Britain last year. What worries researchers is how much some fusion start-ups are promising, and how soon.

Persons: General Atomics, Lawrence, —, Charles Darwin’s, Lord Kelvin, Darwin, Arthur Eddington, Nicolas Tucat, Bill Gates, Jeff Bezos, Vinod Khosla, Sam Altman, Kitty, presale, Gerald Navratil, Navratil, “, it’s, ”, Robert Goldston, you’ve, David James Bartho, Simon Simard, Tony Stark, Robert Downey Jr, Stark, Bob Mumgaard, Mumgaard, Brandon Sorbom, Sorbom, “ We’re, Dr, Earl Marmar, Thea Energy, Salvador Dalí, Cary Forest, Grant Hindsley, Richard Magee, “ It’s, Jean Paul Allain, there’s, Steven Cowley, Cowley, ” David Gates, you’d, Gates, ” Thea, Thea, Eos Organizations: Nuclear Fusion Facility, Lawrence Livermore National Laboratory, Agence France, Princeton University, University of Sydney, Underwood Archives, Getty, Fairfax Media, Commonwealth Fusion Systems, SPARC, The New York Times, ARC, Commonwealth, The New York, Dawn Princeton Plasma Physics, tokamaks, That’s, Massachusetts Institute of Technology, Energy, Thea, Zap Energy, Helion, Microsoft, General Fusion, West, Technologies, Department of, Princeton Plasma Physics Locations: France, Columbia, Princeton, Harwell , England, Britain, Massachusetts, Russian, Commonwealth, Seattle, Vancouver, Southern California

☆ The International Space Station is leaking. NASA and Russia’s space agency disagree on the risks
▼ + stars: | 2024-11-15 | by ( Jackie Wattles | ) edition.cnn.com time to read: +11 min

CNN —A Russian-controlled segment of the International Space Station is leaking, allowing pressure and air to bleed out. The situation has reached a fever pitch as cosmonauts scramble to patch problem areas and officials from Russia’s space agency, Roscosmos, and NASA disagree about the severity of the problem. Looming space station issuesNASA has contingencies in place for crew safety, but the space agency is also grappling with the fact that the leaking Russian module may pose a threat to the safety and longevity of the space station. In addition to Roscosmos, they include the Canadian Space Agency, European Space Agency and Japan Aerospace Exploration Agency. Still, it’s not clear whether the commercial destinations will be ready before the space station is forced to retire.

Persons: CNN —, “, ”, Bob Cabana, Roscosmos, ” Cabana, Cabana, Matthew Dominick, Michael Barratt, Jeanette Epps, Alexander Grebenkin, NASA's, Aubrey Gemignani, ” Roscosmos, —, “ We’ve, ” Barratt, “ It’s, Oleg Novitskiy, Barratt —, Dana Weigel, compadres, Barratt, Don Pettit, Pettit, Sunita Williams, Butch Wilmore, Nick Hague, Aleksandr Gorbunov, Jeff Bezos, it’s Organizations: CNN, International, NASA, NASA’s, ISS, SpaceX, NASA's Kennedy Space Center, United, ”, Roscosmos, Space Station NASA, Zvezda, Station, Space Station, Russian Soyuz, Soyuz, SpaceX Crew, Canadian Space Agency, European Space Agency, Japan Aerospace Exploration Agency, Origin Locations: Zvezda, United States, Russia, Florida, Russian

☆ COP29: Azerbaijan’s leader takes a wrecking ball to climate talks as calls mount for a total ‘overhaul’
▼ + stars: | 2024-11-15 | by ( Angela Dewan | ) edition.cnn.com time to read: +6 min

CNN —From the moment the US election results rolled in, climate leaders knew Donald Trump would be a blow to the COP29 talks in Baku. Amid the chaos, prominent global climate leaders on Friday issued an open letter calling for a “fundamental overhaul” of the entire UN climate process. COP29 marks the third year in a row that the climate talks have been held in either a petrostate, or economy that relies heavily on oil and gas. World leaders and delegates pose for a "family photo" on day two of the COP29 talks. Sean Gallup/Getty ImagesThe geopolitical chaos comes as global climate leaders scramble to find ways to Trump-proof progress so far, as the president-elect has vowed to again pull the US out of the Paris Agreement.

Persons: Donald Trump, Ilham Aliyev, Sandrine Dixson, —, ”, Alex Scott, they’re, ” Aliyev, Aliyev, Agnès, Joseph Borrell, Azerbaijan’s COP29, Joe Biden, Emmanuel Macron, Ursula von der Leyen didn't, Sean Gallup, Trump, Gerardo Werthein, “, Javier Milei’s Organizations: CNN, The, of Rome, United Arab, Getty, New York Times Locations: Baku, United Arab Emirates, Egypt, Italy, Paris, France, Netherlands, New Caledonia, Azerbaijan, Armenia

☆ Blockbuster weight loss drugs are revealing what we still don’t understand about obesity
▼ + stars: | 2024-11-15 | by ( Dr. Sanjay Gupta | ) edition.cnn.com time to read: +10 min

Or any of the blockbuster weight loss and diabetes drugs that recently caught the world’s attention? The joy of foodHolst is also very focused on this particular mechanism of the GLP-1 drugs but worries that it can go too far. For others, it is the loss of lean muscle mass that accompanies their weight loss and puts them at greater risk for falls. Because the medications work by slowing digestion, terrible constipation becomes a side effect that is too much for some to bear. There is little doubt that for most people, regular exercise and eating right is still the best strategy for weight loss and overall health.

Persons: Sanjay Gupta, Jens Juul Holst, Holst, CNN Holst, Karin Conde, ” Conde, Knape, –, ”, Dr Organizations: CNN, Novo Nordisk, American Medical Association, World Health Organization, BMI, CNN Health Locations: Copenhagen, Danish, United States, “

☆ Former French president calls for a united Europe after Trump election win
▼ + stars: | 2024-11-15 | by ( Matt Clinch | ) www.cnbc.com time to read: +2 min

French President Francois Hollande delivers a speech as he attends the inauguration of the new 'Sud Europe Atlantique' (South Europe Atlantic) high-speed rail line, linking Tours and Bordeaux, on February 28, 2017, in Villognon, central France. Yohan Bonnet | AFP | Getty ImagesFormer French President François Hollande underlined the importance of Europe sticking together in the face of U.S. protectionism on issues like security and trade. This would come at a time when traditional economic powerhouse Germany is dealing with an economic malaise and a political vacuum after its coalition government collapsed. "This is what France, Germany, Poland and the United Kingdom, the four main countries that invest in defense, will do. If these four countries react together, both in relation to the security issue, the Ukraine issue and even the trade issue, then Europe will be respected.

Persons: Francois Hollande, Yohan Bonnet, François Hollande, Donald Trump's, Hollande, CNBC's Charlotte Reed, Trump, Donald Trump Organizations: Europe, Europe Atlantic, AFP, Getty, Former, European Union Locations: Europe, Tours, Bordeaux, Villognon, France, U.S, Germany, Ukraine, Poland, United Kingdom

☆ Trump called the climate crisis a scam. It could prove a gift to China.
▼ + stars: | 2024-11-15 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

AdvertisementPresident-elect Donald Trump has long questioned the reality of the climate crisis, describing it as a "scam" and accusing policies to tackle the crisis of destroying US jobs. AdvertisementChina, as part of its "Belt and Road" initiative to grow its global influence, has provided developing countries with renewable energy technologies, including wind farms. AdvertisementThe US lags China as a clean tech economic power. There are also doubts over how much China is willing to take an international leadership role on climate issues. Assuming a leadership role would likely require China to send money to other countries, said Crowther.

Persons: Donald Trump, —, Herbert Crowther, we're, Lily McElwee, Xi Jinping, Trump, Daniel Araya, Biden, Joe Biden's, Crowther, Xi Organizations: Service, Eurasia Group, Business, Biden, China Studies, Center for Strategic, International Studies, Trump, Getty, Brookings Institute, International Energy Agency, Reuters Locations: Paris, China, New York, Baku, Azerbaijan, Washington ,, Beijing, United States, Gansu Province, Washington , DC, Brazil

☆ Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards
▼ + stars: | 2024-11-15 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

Tesla, the world’s largest maker of EVs, is the only automaker making a profit on its US EV sales. So if the EV tax credit goes away, the price of all EVs might come down. ‘It will only help Tesla’Musk signaled during the campaign that he would support ending the EV tax credit, even if raised the cost of Tesla purchases for American buyers. But the rest of the auto industry wants to keep the tax credit in place. He said that Tesla’s pricing and scale in the EV space “is an apples to oranges when compared to the rest of the auto industry once the EV tax credit disappears.”

Persons: Trump, Elon Musk, Donald Trump’s, Tesla, “, ”, Donald Trump, Jim Watson, Joe Biden’s, Biden, Garrett Nelson, Nelson, Dan Ives Organizations: New, New York CNN, Tesla, EV, Motors, Ford, Alliance, Automotive Innovation, Global, Real, Republican, Reuters, Trump, CNN, CFRA Research, “, Wedbush Securities Locations: New York, Butler , Pennsylvania, AFP, “, Detroit

☆ Drone-hunting helicopters are bolstering Israel and Ukraine's stretched air defenses
▼ + stars: | 2024-11-15 | by ( ) www.businessinsider.com time to read: +6 min

Given the sheer volume of enemy drones, helicopters have joined the counter-drone fight. In Ukraine and Israel, helicopters of all kinds are hunting down drones. In Ukraine, a huge country compared to Israel, helicopters are a means to shield its airspace against large drone salvos. Advertisement"Given the Russian Shaheds' slow and low flight pattern, rotary aircraft can easily chase and destroy them," Borsari said. Modifications of this kind could make helicopters more effective drone hunters in the future, supplementing other ground- and air-based systems.

Persons: —, It's, Israel's, it's, Nicholas Heras, Samuel Bendett, Federico Borsari, Borsari, Paul Iddon Organizations: Service, Iran, New Lines Institute, Center for Naval, Center for, Helicopters, Royal Navy Wildcat Locations: Ukraine, Israel, Washington ,, Ukrainian, Lebanon, Syria

☆ European markets set to open lower; UK GDP ticks up slightly
▼ + stars: | 2024-11-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

European markets were set to open lower Friday, as investors looked ahead to fresh data and assessed the future path for interest rate cuts following hawkish comments from U.S. Federal Reserve Chair Jerome Powell. The U.K.'s FTSE 100 index was seen opening 13 points lower at 8,054, Germany's DAX 39 points down to 19,210, France's CAC lower 26 points at 7,283 and Italy's FTSE MIB 129 points down to 33,966, according to IG data. Across the Atlantic, speaking Thursday, Powell said that strong U.S. economic growth is allowing policymakers to take their time in deciding how far and how fast to lower interest rates. U.S. stock futures inched lower overnight as Wall Street continued to assess the comments and the future path of the post-election rally. Asia markets, meanwhile, were mixed during Friday's session.

Persons: Jerome Powell, Germany's DAX, Powell Organizations: U.S . Federal, CAC, Burberry, Labour, Aegon, Experian Locations: U.S, Asia

☆ UK economy ekes out 0.1% growth in the third quarter, below expectations
▼ + stars: | 2024-11-15 | by ( April Roach | ) www.cnbc.com time to read: +3 min

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known as the Square Mile. Gross domestic product came in at 0.1% in the three months to September compared to the previous quarter. That's below the 0.2% growth expected by economists polled by Reuters and follows an expansion of 0.5% in the second quarter of the year.

Persons: Mike Kemp, Rachel Reeves, Thiru, Donald Trump, Trump's, Andrew Bailey, I'm Organizations: of England, Getty, Gross, Reuters, National Statistics, Bank of England's, Bank of England, Labour, Finance, Institute of Chartered Accountants, U.S Locations: City of London, London, United Kingdom, The City, U.K, That's, Britain, England, Wales

☆ There must be a consensus in Europe to resist what Trump undertakes: Hollande
▼ + stars: | 2024-11-15 | 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 EmailThere must be a consensus in Europe to resist what Trump undertakes: HollandeFrançois Hollande, former President of France, discusses the outlook for European politics as U.S. President-elect Donald Trump is set to begin his second term.

Persons: Trump, Hollande François Hollande, Donald Trump Locations: Europe, France

☆ Germany’s Scholz calls Putin, ending Western isolation over Ukraine
▼ + stars: | 2024-11-15 | by ( ) edition.cnn.com time to read: +4 min

The conversation on Friday was the first time Scholz had spoken with Putin in two years. It comes as the German leader gears up for a snap election and Europe waits to hear US President-elect Donald Trump’s plan for ending the war in Ukraine. “He stressed Germany’s unbroken determination to back Ukraine in its defense against Russian aggression for as long as necessary,” the spokesperson added. Ukraine said however that phone conversations with Putin brought no added value on the path to achieving a “just peace” in Ukraine. But of course, (it is a) question about how Russia spins it.”Scholz to brief alliesThe Kremlin said Putin had told Scholz Russia was willing to look at energy deals if Germany was interested.

Persons: Volodymyr Zelensky, Vladimir Putin, Putin, ” Zelensky, Chancellor Olaf Scholz’s, Scholz, Donald Trump’s, Zelensky, “, ”, Trump, ” Scholz, Scholz Russia Organizations: Berlin Reuters, Kremlin, Reuters, Scholz’s Social, Ukraine, Kyiv, European Union, NATO, Ukrainian Locations: Ukraine, Kyiv, Russia, Berlin, Germany, Baltic, North Korea, Russia’s, Kursk, United States

☆ China is selling record numbers of cars in Russia
▼ + stars: | 2024-11-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Competition from European, Korean, and Japanese carmakers has vanished since Western sanctions were imposed on Russia. Chinese automakers face increasing tariffs in other regions. Chinese cars are selling at record levels in Russia, according to data from Russian analytics agency Autostat, reported by The Financial Times. AdvertisementIn the first nine months of 2024, Russia imported 849,951 vehicles from China, the FT reported, citing China Passenger Car Association data. The sales boom in Russia comes as Chinese automakers face rising obstacles in other regions.

Persons: carmakers, Ilya Frolov, didn't Organizations: The Financial Times, Chery, Geely, Russia, Lada, China Passenger Car Association, EU Locations: Russia, Moscow, Ukraine, Russian, China, Mexico, Brazil, Southeast Asia, Japan, Germany

☆ Amsterdam soccer riots: How a toxic mix of antisemitism, racism and xenophobia culminated in violence
▼ + stars: | 2024-11-15 | by ( Lauren Kent | ) edition.cnn.com time to read: +9 min

Last week, Israeli soccer fans were attacked in the streets, Palestinian flags ripped off walls and antisemitic slurs yelled during riots. But the timeline of how tensions ignited in Amsterdam is different depending on which community you ask. “It’s really so, so manipulative… It only makes everything worse,” Jaïr Stranders, a local theater director and a board member of the Liberal Jewish Community of Amsterdam told CNN. But in Amsterdam, many local Jewish officials as well as the mayor have urged against using that description. “They are Dutch youth,” he noted, adding that Amsterdam is a city of many nationalities and many values that can peacefully coexist.

Persons: Amsterdam CNN —, “ It’s, it’s, It’s, Sheher Khan, ” Khan, “, Itay Garmy, ” Garmy, Amsterdam Mayor Femke, they’re, David, Benjamin Netanyahu, Geert Wilders, Halsema, Mouneb, Khan, Wilders, Jaïr, Stranders, Netanyahu, ” Stranders, ”, Israel, Said Alawi, “ I’m, Abdelaziz Chandoudi, ” Chandoudi, Mohammed Rasool Organizations: Amsterdam CNN, CNN, Maccabi Tel Aviv soccer, Maccabi, Police, Amsterdam Mayor, Getty, Freedom Party, Union, Maccabi fans, Liberal Jewish, Amsterdam, Senior, Moroccan Locations: Amsterdam, Dutch, Gaza, Netherlands, Europe, Israel, Palestine, ”, Anadolu, Amsterdam’s, Morocco, Noord, Holland

☆ Rudy Giuliani has turned over his 1980 Mercedes-Benz convertible, luxury watch collection and a diamond ring to election workers he defamed
▼ + stars: | 2024-11-15 | by ( Katelyn | ) edition.cnn.com time to read: +4 min

Giuliani also told his bank to turn over at least $30,000 in a bank account, according to a Friday court filing. If Giuliani didn’t give up the full list of items ordered by a judge last month, he could be held in contempt of court. Giuliani has indicated in court proceedings one watch is from his grandfather and two others were gifts from European leaders after the September 11, 2001, attacks. The pair are also still fighting in court to try to win his $3.5 million Palm Beach, Florida, condo and four Yankees World Series rings from the 1990s and 2000. Giuliani is still arguing he should be able to keep living in the Palm Beach condo and Manhattan apartment, and that he gave the World Series rings to his son years ago.

Persons: CNN — Rudy Giuliani, Giuliani, Joseph Cammarata, Ruby Freeman, Shaye Moss, Donald Trump, Moss, Ted Goodman, Goodman, he’s, ” Goodman, Freeman, Giuliani’s, “, ” Cammarata, Rudolph Giuliani, Lauren Bacall, CNN’s Kara Scannell, Emily Condon Organizations: CNN, Benz, FedEx, Beach, Yankees, Freeman, Mercedes Locations: New York City, Georgia, New York, Florida, Staten Island, Long, York, Beach , Florida, Palm, Manhattan, Palm Beach

☆ Indonesia’s Argo Wilis Panoramic offers a scenic ride through Java
▼ + stars: | 2024-11-14 | by ( Leyla Rose | ) edition.cnn.com time to read: +8 min

This is the view from the Argo Wilis Panoramic, a bright and airy carriage on the Argo Wilis train. The Argo Wilis Panoramic carriage sits idle in Surabaya Gubeng Station. “For example, the Argo Wilis is named after a non-active volcano in East Java,” explains a railway guard. As well as the Argo Wilis Panoramic, there is also the Argo Parahyangan Panoramic and the Pangandaran Panoramic running back and forth between Jakarta and Bandung. If you’re traveling west on the Argo Wilis Panoramic, it’s worth exploring Bandung, where the train terminates.

Persons: Josh Edwards, KAI, ”, Argo, Yogyakarta Josh Edwards, There’s, It’s, Siripong, Parahu, Ismail Rajo, “ Organizations: CNN, Argo, Solo, KAI, UNESCO, Heritage, ” Locations: Surabaya, East Java, Bandung, West Java, Southeast Asia, Indonesia, Java, Surabaya Gubeng, Sumatra, Sulawesi, Jakarta, Yogyakarta, Borobudur, Asia, Indonesia’s, Central Java, Surakarta, Pasar, Sukuh, Mt Lawu, Nature, Ismail, Paris, ” Bandung, British

☆ What is the Alien Enemies Act of 1798 that Trump says he will invoke
▼ + stars: | 2024-11-14 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +13 min

“I think a very strong argument could be made that in those situations, the Alien Enemies Act can be employed,” he says. French nationals were the original target lawmakers had in mind when they passed the Alien Enemies Act. Buyenlarge/Archive Photos/Getty ImagesWhen has the Alien Enemies Act been used before? The Alien Enemies Act does allow individuals to bring lawsuits challenging their detention, Reisz says. Some Democratic lawmakers have tried to repeal the Alien Enemies Act in recent years.

Persons: Donald Trump, John Adams, ” Trump, “, Trump, John Moore, ”, haven’t, Woodrow Wilson, Katherine Yon Ebright, Brennan, Ebright, ” Ebright, Rebecca Noble, Jean Lantz Reisz, isn’t, ” Reisz, …, ” George Fishman, Fishman, couldn’t, ” Fishman, Mae Ngai, Brennan Center’s Ebright, Ngai, —, ” Ngai, Franklin Delano Roosevelt, it’s, ‘, ’ ” Ebright, Reisz, you’re, Frederic J . Brown, Biden, He’s, ” Sen, Mazie Hirono Organizations: CNN, ”, Republican Party, New York University, Border Patrol, University of Southern California’s Gould School of Law, Department of Homeland Security, Center for Immigration Studies, Columbia University, German, Department of Justice, National Archives, Customs, Getty, Trump, Democratic Locations: France, United States, Mexico, Springs , California, New Mexico, “, Prescott Valley , Arizona, Fort Douglas , Utah, AFP, China, Hawaii

☆ Cheat sheet: How RFK Jr., Trump's pick for HHS secretary, promises to 'Make America Healthy Again'
▼ + stars: | 2024-11-14 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +9 min

Robert F. Kennedy Jr. is President-elect Trump's pick to lead the US Department of Health and Human Services. Advertisement"Make America Healthy Again" is the new healthcare slogan from Robert F. Kennedy Jr., President-elect Trump's new pick for Health and Human Services secretary. AdvertisementHere's what we know so far about Kennedy's public health philosophy, and what kinds of reforms he might fight for in 2025 and beyond. Kennedy's MAHA ideas include shifts in some basic public health protocolsMost Americans have fluoridated tap water. His stance has public health officials spooked, because part of what makes vaccination work so well is the fact that nearly everyone in our society does it.

Persons: Robert F, Kennedy Jr, Trump's, He's, he'll, —, Trump, Kennedy, Leonard Ortiz, I'm, Mandy Cohen, Lindsey Nicholson, Robert Califf, John F, Kennedy's, Bernie Sanders, it's Organizations: US Department of Health, Human Services, RFK, Service, Health, HHS, National Institutes of Health, for Disease Control, Prevention, Food and Drug Administration, MediaNews, Orange, Getty, NBC, Washington DC, Union, FDA, Pharma, Big Pharma Locations: Washington, California, Trump

☆ Markets are ripping past all-time highs after Donald Trump's electoral victory. Doomsday investors aren't convinced.
▼ + stars: | 2024-11-14 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +4 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "The backdrop is already a more volatile FX market," Webb said, comparing markets now to when Trump was inaugurated in January 2017. But market volatility is at its lowest level since July, based on the VIX Index, Wall Street's favorite measure of uneasiness. Universa has demand for its strategy, Yarckin said, but it's coming from "a small subset of people." "I wonder if this is being underestimated" by the markets, Webb said.

Persons: Warren Buffett, —, Donald Trump, Jonathan Webb, Webb, Trump, Wall, Brandon Yarckin, Universa, Warren, Berkshire Hathaway, Yarckin, Simon Aninat, haven't, Mark Spitznagel, Aninant, Mattias Eriksson, Eriksson, Elon Musk, It's Organizations: Universa Investments, Service, Twitter, C8 Technologies, Jefferies, Business, Oracle Locations: Omaha

☆ Marine Le Pen court case: French far-right leader’s next bid for presidency threatened as prosecutors seek political ban
▼ + stars: | 2024-11-14 | by ( Kathy Rose Obrien | Pierre Bairin | ) edition.cnn.com time to read: +4 min

CNN —French prosecutors have asked for prison time and a five-year ban from politics for far-right leader Marine Le Pen, potentially derailing her bid to become president in 2027. The prosecution also asked that the RN should be fined €2 million ($2.1 million) and Le Pen herself €300,000 ($316,000). Le Pen outside the courtroom on November 13, 2024. “Fighting Madame Le Pen is done at the ballot box, not elsewhere,” Darmanin added. The General Assembly, the French Parliament, holds a question time session on November 12.

Persons: CNN —, Marine Le, Le Pen, Pen, Geoffroy van der, …, ” Patrick Maisonneuve, “, Let’s, ” Maisonneuve, Matteo Salvini, ’, Gerald Darmanin, ” Darmanin, France’s, Andrea Savorani Neri, NurPhoto, François Hollande, Nicolas Sarkozy, Emmanuel Macron, Macron, Le Pen’s Organizations: CNN, €, Getty, National, General Assembly, Front Locations: France, Paris, Geoffroy van der Hasselt, AFP, French

☆ Europe fines Meta $840 million over practices benefiting Facebook Marketplace
▼ + stars: | 2024-11-14 | by ( ) edition.cnn.com time to read: +1 min

The European Union has fined Meta Platforms €798 million ($840 million) over what it called abusive practices benefiting Facebook Marketplace. “The European Commission has fined Meta … for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its personal social network Facebook and by imposing unfair trading conditions on other online classified ads service providers,” the EU’s executive arm said in a statement. Meta (META) said it will appeal the decision, but in the meantime, it will comply and will work quickly and constructively to launch a solution that addresses the points raised. The move by the European Commission comes two years after it accused the US tech giant of giving its classified ads service Facebook Marketplace an unfair advantage by bundling the two services together. The EU decision argues that Meta imposes Facebook Marketplace on people who use Facebook in an illegal “tie” but Meta said that argument ignores the fact that Facebook users can choose whether to engage with Marketplace, and many do not.

Persons: Meta …, Meta Organizations: European Union, Facebook, European Commission

☆ Europe fines Meta almost $840 million for linking Marketplace to Facebook
▼ + stars: | 2024-11-14 | by ( Chris Johnston | ) www.businessinsider.com time to read: +3 min

On Thursday, the European Commission fined Meta almost 798 million euros (about $840 million). AdvertisementMeta was fined almost 798 million euros (about $840 million) for breaching European rules by linking Facebook Marketplace to its social network Facebook and imposing unfair trading conditions on other classified platforms. The European Commission said Thursday that all Facebook users are "regularly exposed to Facebook Marketplace whether they want it or not." AdvertisementVestager said Meta's "conduct benefited Facebook Marketplace and gave it "advantages that other online classified ads service providers could not match." Advertisement"The reality is that people use Facebook Marketplace because they want to, not because they have to."

Persons: Meta, —, Margrethe Vestager, Vestager Organizations: European, Meta, Service, Facebook, European Commission

☆ Trump may cede global climate leadership to China
▼ + stars: | 2024-11-14 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

After a campaign featuring promises to slash landmark climate legislation, and a first term record that included pulling the U.S. out of the Paris climate agreement, President-elect Donald Trump's win casts a shadow of doubt over the world of global climate policy. As an isolationist, Trump-led American foreign policy cedes global leadership on the issue, an increasingly willing China can assume the spot instead. Ceding global climate leadership to China "would be a mistake"China is looking to "play a more proactive role internationally on climate change," said Joanna Lewis, an associate professor at Georgetown University and expert in international climate policy. But "it would be a mistake for the United States to completely cede not just [its] leadership role on climate change. But the development of low carbon technologies, that's really the area that has been particularly competitive between China and the United States," said Lewis.

Persons: Donald Trump, Xi Jinping, Donald Trump's, Trump, Joanna Lewis, Lewis, Joe Biden Organizations: European Union, Republicans, United Nations, BMO Capital Markets, Georgetown University Locations: Osaka, Japan, Paris, China, United States

☆ Russia's new Iranian missiles could make the front lines in Ukraine far more dangerous
▼ + stars: | 2024-11-14 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

With Iranian ballistic missiles, Russia has a flexibility that could be a big problem for Ukraine. AdvertisementThe delivery of cheaper Iranian missiles creates new options. New missilesTwo European defense officials told Reuters in August that they expected Iran to deliver hundreds of Fath-360 short-range ballistic missiles to Russia, as well as some Ababil close-range ballistic missiles. He said that "while these Iranian missiles may not introduce a new capability to Russia's war effort, they will offer increased flexibility and, most importantly, additional quantity." Hinz also wrote in his analysis that Russia's missile purchase highlights its "continued inability to produce adequate quantities of comparable domestic systems."

Persons: Timothy Wright, Fath, Pat Ryder, Wright, Fabian Hofffman, Ryder, Hoffman, Fabian Hinz, Hinz, Vladimir Putin, Kim Jong Un, VLADIMIR SMIRNOV, Iran's, Donald Trump Organizations: Iranian, International Institute for Strategic Studies, Reuters, Pentagon, Pentagon Press, Air Force, Oslo Nuclear, North, Getty, Trump Locations: Iran, Russia, Ukraine, Fath, Oslo, Iranian, Russian, North Korea, Iran's Fath

☆ Skepticism, a ticking clock: What Trump's picks mean for Ukraine
▼ + stars: | 2024-11-14 | by ( Thibault Spirlet | Hannah Abraham | ) www.businessinsider.com time to read: +5 min

AdvertisementDonald Trump's cabinet choices suggest a skeptical direction of travel on Ukraine policy. Advertisement'Losing your allowance'The comments suggest that Trump would find little opposition if he moved to cut US aid to Ukraine. Ukraine's president, Volodymyr Zelenskyy, has said that US aid being cut would lead to Ukraine losing the war. Trump's son, Don Jr. — an influential figure albeit with no official role — seemed to relish the idea of Ukraine losing its funding. Trump's callIt remains to be seen how influential any of Trump's picks would be in shaping policy.

Persons: Donald Trump's, Trump, Donald Trump, hasn't, Ukraine —, Marco Rubio, Joe Biden's, Trump's, Vladimir Putin, Pete Hegseth, Shawn Ryan, Putin, Alfons Cabrera, Mike Waltz, Biden, Tulsi Gabbard, Volodymyr Zelenskyy, Don Jr, —, Alexander Libman, Mark Cancian, Mylovanov Organizations: Ukraine, State, Defense, NBC News, Pentagon, Fox News, Getty, National Intelligence, Free University of Berlin, Marine Corps, Kyiv School of Economics, Economist Locations: Ukraine, Kyiv, America, Russia, Florida, Afghanistan, Iraq, Polish, Ukrainian, Russian, Kramatorsk, Donetsk Region, Europe

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