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☆ Trade in Europe expected to be thinner on public holiday but Fed rate decision looms
▼ + stars: | 2024-05-01 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Light trading volumes are expected in Europe on Wednesday, with only London's FTSE index open, due to the May Day/Labor Day public holiday in the region. Nonetheless, global markets are focused on the U.S. Federal Reserve's latest interest rate announcement after the central bank's monetary policy committee concludes a two-day meeting later on Wednesday. The latest interest rate decision follows another hotter-than-expected U.S. inflation reading last Friday. S&P 500 futures slipped Tuesday night as investors looked ahead to the Federal Reserve's rate policy decision. In the Asia-Pacific region overnight, Australian and Japanese markets fell as investors braced for the Fed's rate decision.

Persons: Jerome Powell Organizations: Labor, U.S, U.S . Federal Locations: Europe, U.S ., Asia, Pacific

☆ Ukraine war live updates: Moscow wants weapons, forces beefed up ahead of offensive; Russian focus appears to shift in Donetsk
▼ + stars: | 2024-05-01 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Russian forces appear to be shifting their operational focus on to Chasiv Yar in the northern area of Donetsk, in eastern Ukraine. Russia did not make any confirmed advances in the Avdiivka area for the first time in several days on Tuesday, analysts at the Institute for the Study of War noted, while Ukrainian sources reported that Russian forces conducted several more attacks in the Bakhmut-Chasiv Yar direction in recent days than around Avdiivka, in central Donetsk. "The Ukrainian General Staff's reports on Tuesday stated that Ukrainian forces had repelled a total of 47 Russian attacks in the Avdiivka direction and 57 Russian attacks in the Bakhmut direction throughout the day, notably a much higher number of attacks in the Chasiv Yar direction than Ukrainian sources have recently reported," the Institute for the Study of War noted Tuesday. "One day's worth of reporting is not sufficient to establish a pattern, but it may suggest that Russian forces are somewhat slowing down the rate of attacks around Avdiivka while re-committing to offensive pushes around Chasiv Yar, as ISW recently forecasted they would," ISW analysts said.

Persons: Chasiv Yar, Staff's Organizations: Institute for, for Locations: Donetsk, Ukraine, Russia, Avdiivka

☆ Ukraine war live updates: Odesa reels from deadly missile attack; 98-year-old walks miles under fire to escape advancing Russians
▼ + stars: | 2024-04-30 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Russia has targeted the northeastern Ukrainian city of Kharkiv in a missile strike, local officials said Tuesday. Oleh Synehubov, the head of the Kharkiv regional state administration, said on Telegram that two people were killed and six were injured in the strike. "The occupiers hit the city of Kharkiv with two anti-aircraft guns [anti-aircraft guided missiles], the hits to the ground were recorded in the Kyiv district. In one of the residential buildings, the facade and glazing of the windows of the building were damaged," Synehubov said. It's widely believed that Russian forces are aiming to recapture the city of Kharkiv in their forthcoming summer offensive.

Persons: Oleh Synehubov, Synehubov, Ihor Terekhov, Sergei Lavrov, — Holly Ellyatt Organizations: Kharkiv, Russia's Locations: Russia, Ukrainian, Kharkiv, Kyiv, Kholodnohirsky, Moscow

☆ European markets head for lackluster open ahead of euro zone inflation, GDP data
▼ + stars: | 2024-04-30 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are heading for a lackluster open Tuesday ahead of a busy day of earnings and major data releases in the region. Preliminary euro zone inflation data for April and first-quarter gross domestic product figures for the single currency area are due Tuesday, while earnings come from AF-KLM, Stellantis, Capgemini, Mercedes, VW, Lufthansa, Santander, Caixabank, OMV, HSBC, Glencore and Whitbread, among others. Overnight, Asia-Pacific markets largely rose on Tuesday, tracking Wall Street moves, with investors awaiting China manufacturing purchasing managers' index for April. Meanwhile, U.S. stock futures were little changed Monday night after a positive start to the week, as investors brace for megacap earnings, the latest Federal Reserve interest rate decision on Wednesday, and a jobs report. The central bank is broadly anticipated to keep interest rates steady, but traders will be looking to see if Fed Chair Jerome Powell's post-meeting comments are more hawkish after the recent spate of hotter inflation reports.

Persons: Jerome Powell's Organizations: AF, KLM, Stellantis, VW, Lufthansa, HSBC, Glencore, Whitbread Locations: Santander, Caixabank, OMV, Asia, Pacific, China

☆ European markets head for higher open as traders look ahead to Fed meeting
▼ + stars: | 2024-04-29 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a positive open Monday as investors look ahead to more central bank decisions, earnings and data this week. The U.S. Federal Reserve's latest interest rate announcement will come Wednesday, and follows another hotter-than-expected U.S. inflation reading last Friday. The central bank is widely anticipated to keep the borrowing cost unchanged, but investors will still closely monitor the post-announcement press conference with Chair Jerome Powell. S&P 500 futures inched higher Sunday night as the broad index came off its best week in several months. Overnight, the Japanese yen weakened to 160 against the U.S. dollar as stocks in Asia-Pacific markets climbed.

Persons: Jerome Powell Organizations: U.S, Federal Locations: Asia, Pacific

☆ Ukraine war live updates: Ukraine pulls back forces in east as front line situation worsens; Kyiv desperately awaits U.S. weapon supplies
▼ + stars: | 2024-04-29 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

A serviceman of the battalion of unmanned attack air systems "Achilles" of the 92nd Separate Assault Brigade prepares the "Vampir" night drone for the operation at a front-line position near the town of Chasiv Yar, Donetsk region, on April 22, 2024, amid the Russian invasion in Ukraine. Ukrainian forces have been forced to retreat from several villages in eastern Ukraine as Russian forces advanced, the country's army chief said Sunday. "The situation at the front [has] worsened," Ukraine's commander-in-chief, Col. Gen. Oleksandr Syrskyi, said on Telegram. He said the "most difficult situation" was in the areas west of Russian-occupied Maryinka and Avdiivka, a town captured by Russian forces in February and that he had moved his forces "to new frontiers" west of the villages of Berdychi, Semenivka and Novomykhailivka in a bid to prevent casualties. Russia had deployed four brigades in these areas as it launched offensives, Syrskyi said, and while it had achieved some tactical successes, it not yet achieved any "operational advantages."

Persons: Gen, Oleksandr Syrskyi, Syrskyi Organizations: Separate Assault Brigade, Russian Locations: Chasiv Yar, Donetsk, Ukraine, Russian, Berdychi, Russia

☆ Ukraine can keep on fighting Russia — but the 'victory' it wants might be out of reach
▼ + stars: | 2024-04-26 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +4 min

Ukrainian servicemen practice combat drills involving a BMP-1 in Donbas, Ukraine as Russia-Ukraine war continues on March 19, 2024. But, with future aid uncertain, analysts question what "victory" Ukraine could realistically achieve against Russia — a country that has put its industries on a war footing and is able to mobilize hundreds of thousands more men to war. While additional aid allows Ukraine to keep on fighting Russian forces in the short stretch, a "victory" in the near-term is an unlikely prospect. What's more, what "victory" looks like for Ukraine, or its allies, could be a source of friction. This is particularly the case in eastern Ukraine, where it has enjoyed support from pro-Russian separatists for over a decade.

Persons: Teneo, Vladimir Putin, Natalia Kolesnikova, Tursa, Frankness, Oleksandr Musiyenko, Putin Organizations: Anadolu, Getty, Russia —, Afp, Centre for Military, Legal, U.S, CNBC Locations: Donbas, Ukraine, Russia, Kyiv, U.S, Central, Eastern Europe, Ukrainian, Crimea, Red, Moscow, Russian, Sevastopol

☆ How the Black Opry is helping elevate artists of color in country music
▼ + stars: | 2024-04-26 | by ( Lisa Respers France | ) edition.cnn.com time to read: +5 min

CNN —Before there was conversation over whether Beyoncé is country enough for country music, there was the Black Opry, holding space for music lovers and artists of color in the genre. “I’m super, super excited about that because that’s the single piece that’s been really, really difficult for us to figure out. Courtesy BeyoncéHolly G. started the Black Opry in an attempt to find country fans of color, who like her, did not feel welcomed. “I try to be careful to make the distinction when I talk about country music, between country music and the mainstream industry and country music the art form and genre,” she said. “I got my first tour with Sara Shook & the Disarmers and Joshua Ray Walker thanks to the Black Opry,” Vance told CNN.

Persons: CNN FlashDocs, Max, Beyoncé, Cowboy Carter, ”, Holly G, “, it’s, They’ve, Aaron Vance, Mickey Guyton, Darius Rucker, Kane Brown, Vance, Sara Shook, Joshua Ray Walker, ” Vance, It’s, he’s Organizations: CNN, Nashville’s, Black Opry, The, Opry Locations: Beyoncé, Nashville, Mississippi

☆ Opinion: Why memes about Mommy and wine are no joke
▼ + stars: | 2024-04-24 | by ( Kara Alaimo | ) edition.cnn.com time to read: +6 min

Editor’s note: Kara Alaimo, an associate professor of communication at Fairleigh Dickinson University, writes about issues affecting women and social media. At work, women on average earn just 84 cents for every dollar earned by men and are up against endless stereotypes about why they’re not leadership material. “Anyone who’s been on social media in the last ten years has seen the memes: ‘Mommy needs wine.’ ‘I wine because my kids whine.’ You can buy infant onesies that say ‘I’m the reason mommy drinks’ on Amazon,” Yvonne points out. It requires social structures such as an adequate childcare system and resources for women who need to leave abusive homes. We all also need to stop sharing jokes and memes that suggest it’s humorous for people of any gender to deal with the stresses they’re up against by imbibing carcinogens.

Persons: Kara Alaimo, Kara, Celeste Yvonne, it’s, Yvonne, they’re, who’s, ” Yvonne, —, I’ve, Holly Whitaker, Carol Lee Flinders, ” Whitaker Organizations: Fairleigh Dickinson University, Women, Press, Facebook, CNN, JAMA, Pew Research Center, US Centers for Disease Control Locations: United States

☆ Ukraine war live updates: Relief in Kyiv as Biden set to sign U.S. aid package; Russian official detained on bribe allegations
▼ + stars: | 2024-04-24 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Russian law enforcement have detained Deputy Defence Minister Timur Ivanov on suspicion of taking bribes, Russia's Investigative Committee said on April 23, 2024. A Russian deputy defense minister in charge of military construction has been detained on Tuesday on suspicion of "large-scale" bribe-taking, in one of the highest-profile corruption cases since Moscow launched its war in Ukraine. A brief statement by the Investigative Committee, Russia's top investigative body, said late on Tuesday that Timur Ivanov had been taken into custody and an investigation into his case was proceeding. Defense Minister Sergei Shoigu had been informed in advance of his detention, he said. Russian news reports also said Ivanov was likely the most senior Russian official to face such charges since Moscow launched its invasion of Ukraine in February 2022.

Persons: Vladimir Putin, Sergei Shoigu, Timur Ivanov, Ivanov, Alexei Navalny, Dmitry Peskov, — Organizations: Sputnik, Russian, Defense, Investigative, Russia's, Corruption Foundation, Kremlin Locations: Russian, Kubinka, Moscow, Ukraine, Ukrainian, Mariupol, Russia

☆ European markets set for another upbeat open as positive momentum builds
▼ + stars: | 2024-04-24 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are set to open in positive territory Wednesday, building on gains seen since the start of the week. Regional stocks closed higher Tuesday, with the U.K.'s FTSE 100 hitting a fresh intraday record high as investors built on upbeat sentiment this week. Europe's markets have been buoyed by gains in Asia and on Wall Street this week, where investors have been keeping a close eye on tech earnings. Overnight, Japan's Nikkei 225 led gains in Asia as markets in the region rose across the board, while S&P 500 futures edged higher Tuesday night as investors parsed the latest financial releases from corporate America.

Organizations: Nikkei Locations: Asia, America

☆ European markets head for higher open, buoyed by rebound on Wall Street
▼ + stars: | 2024-04-23 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a higher open Tuesday, building on positive momentum in the previous session. Regional markets closed higher Monday, buoyed by a rebound in tech stocks on Wall Street, and the U.K.'s FTSE 100 clocked its fourth daily gain Monday and surpassed its previous record close set on Feb. 20, 2023. U.K. stocks were boosted, while sterling tumbled against the U.S. dollar as investors raised bets on a summer interest rate cut from the Bank of England. Investors in the region are looking ahead to bank earnings this week, and will be keeping an eye on a range of tech earnings stateside, with Tesla reporting during U.S. trading hours Tuesday.

Organizations: U.S, Bank of England, Investors

☆ Ukraine war live updates: Ukraine disputes Russia's claim to have seized another village; Kyiv, Odesa targeted in drone strikes
▼ + stars: | 2024-04-23 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Kyrylo Budanov, chief of the Main Directorate of Intelligence of Ukraine, speaks during the farewell ceremony for Dmytro Kotsiubailo on Independence Square on March 10, 2023, in Kyiv, Ukraine. They conduct a complex operation ... it will be a difficult period. Mid-May, early June," Budanov told the BBC in an interview conducted on April 19, a day before the U.S. House of Representatives approved a $61 billion aid package for Ukraine. Russian Foreign Minister Sergei Lavrov hinted last Friday that Russian forces would try to seize the city of Kharkiv in northeast Ukraine in a future significant Russian offensive operation. Russia wants to establish a demilitarized so-called "sanitary zone" in the border areas of Ukraine to protect Russia's southwestern regions from attack.

Persons: Kyrylo Budanov, Dmytro Kotsiubailo, Budanov, We've, we'll, Sergei Lavrov, Holly Ellyatt Organizations: Directorate of Intelligence, BBC, . House, CNBC, Russian, Kremlin Locations: Ukraine, Kyiv, Russia, BBC Ukrainian, Kharkiv

New Haven, Connecticut CNN —The arrests of dozens of pro-Palestinian, pro-divestment activists at Yale University didn’t deter protesters from uniting for another demonstration Tuesday. Yale University police arrested 45 protesters Monday and charged them with criminal trespassing after they refused orders to leave, said police in New Haven, Connecticut. “They were transported to a Yale Police facility where they were processed and released.”A protester is arrested at Yale University on Monday. Despite the warnings from police, many protesters refused to leave. “Safety is our highest priority as we strive to support our students’ learning and all the required academic operations,” Columbia University said in a statement Monday night.

Persons: –, “, rTkSH0zydm —, Thomas Birmingham, Sarah Dewberry, Elizabeth Wolfe Organizations: Haven , Connecticut CNN, Yale University, . Yale University, Hamas, Columbia, Yale, New, New Haven police, Yale Police, Monday . Police, CNN, College, rTkSH0zydm — Yale Daily News, “, Protesters, Yale Daily News, Journalists, Columbia University, ” Columbia University Locations: Haven , Connecticut, New Haven , Connecticut, Israel, Gaza, “, New Haven, Grove, Hewitt, New York

☆ Ukraine war live updates: Russia slams $61 billion U.S. aid package, saying it will 'ruin' Ukraine and create more carnage
▼ + stars: | 2024-04-22 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Ukraine has received a reprieve after the U.S. House of Representatives passed a $61 billion foreign aid package for Kyiv over the weekend. Russia slammed the new funding, saying it fuels global crises. Ukrainian President Volodymyr Zelenskyy thanked U.S. lawmakers saying the bill passed by the House "will keep the war from expanding, save thousands and thousands of lives, and help both of our nations to become stronger." He urged the Senate to pass the bill as quickly as possible. Russia has reacted angrily to the U.S. $61 billion aid package for Ukraine, claiming that it will only lead to more carnage in the conflict.

Persons: it's, Joe Biden, Volodymyr Zelenskyy Organizations: U.S . House, Kyiv, Democratic, U.S, Senate Locations: Ukraine, Russia, Donbas

☆ European stocks set to start the week in positive territory as markets look to regain momentum
▼ + stars: | 2024-04-22 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a positive start to the new trading week Monday, following more uncertain sentiment last week amid continuing Middle East tensions and a repricing of interest rate expectations. U.S. stock futures pushed higher on Sunday evening as Wall Street looked to find its footing after a steep selloff for tech companies. Meanwhile, Asia-Pacific markets rebounded from Friday's selloff as investors look to fresh data out of China, Japan and South Korea this week. Markets in the region tumbled last Friday after Israel launched a strike on Iran, causing stocks to fall and safe-haven assets to climb.

Persons: Friday's, Israel Locations: East, Asia, Pacific, China, Japan, South Korea, Iran

☆ Ukraine is given a reprieve by the U.S., but faces race against the clock over weapons supplies
▼ + stars: | 2024-04-22 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Ukrainian servicemen monitor the situation along the front via drones in the direction of Kreminna, Ukraine as Russia-Ukraine war continues on 31 March 2024. Defense analysts argue that while the funding could help breathe new life and morale into Ukraine's beleaguered military campaign, aid and supplies must be sent to Ukraine immediately. "It's unlikely this will create immediate parity with the Russian volume of fire, but it will help close the gap," Savill said. They point out that further U.S. aid is not guaranteed, particularly given the uncertain outcome of the presidential election later this year. One top U.S. general told Congress earlier in April that Russia was firing five artillery shells for every one fired by Ukrainian forces, and that this disparity could double in the coming weeks.

Persons: it's, Joe Biden, Volodymyr Zelenskyy, Zelenskyy, DANA, Matthew Savill, Savill, tranche, RUSI's Savill, Chasiv Yar, Roman Pilipey, Donald Trump, Timothy Ash, Ash, — Organizations: Anadolu, Getty, Ukraine, Republicans, Democratic, U.S, Senate, Defense, London, Pentagon, Kyiv, Spartan, Afp, Chatham House, RBC BlueBay Asset Management Locations: Kreminna, Ukraine, Russia, U.S, Israel, Taiwan, Ukrainian, Washington, Russian, Czech, Bakhmut, Donetsk Oblast, Roman, British, Chasiv, Donetsk, Eurasia, Western, Luhansk, Ocheretyne, Avdiivka

☆ Opinion: Shaking off the Trump effect
▼ + stars: | 2024-04-21 | by ( Richard Galant | ) edition.cnn.com time to read: +19 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —“We are most deeply asleep at the switch,” wrote Annie Dillard, “when we fancy we control any switches at all. When the Senate voted to send new aid to Ukraine, Israel and Taiwan two months ago, House Speaker Mike Johnson took no action. With the help of Democrats, the House approved aid to Ukraine, Israel and Taiwan on Saturday. Writing for CNN Opinion, he emphasized that there are legal principles that require universities to prohibit expressions of antisemitism.

Persons: CNN —, ”, Annie Dillard, “, time’s, —, Mike Johnson, Donald Trump, Joe Biden, Trump, Biden, Sleepy Joe ”, Israel, Johnson, MAGA, Julian Zelizer, Walt Handelsman, Marjorie Taylor Greene’s, Kevin McCarthy’s, Clay Jones, Fareed Zakaria, Alejandro Mayorkas, “ Biden, ” Zakaria, Bill Clinton, ” Trump, Jack Ohman, Agency Donald Trump’s, dozed, Elliot Williams, Patrick T, Brown, …, ‘, ’, Attorney Alvin Bragg, ” Will, Jeffrey Abramson, ” “, Norm Eisen, Stormy Daniels, ” Eisen, Michael Cohen, Elie Honig, Frida Ghitis, Benjamin Netanyahu, ” Lisa Benson, GoComics.com Peter Bergen, Daniel R, DePetris, Dean Obeidallah, Susanne DeWitt, ” David Schizer, ” Schizer, Danielle Campoamor, Caitlin Clark, Simone Biles, Campoamor, Latika Bourke, John Howard, Justin J, Pearson, Winston Churchill, Holly Thomas, Boris Johnson, Rishi Sunak’s, It’s, ” Thomas, YouGov, ” Don’t, Drew Sheneman, Agency David M, Perry, Frankie de la, Angel Reese, Roy Schwartz, Joni Mitchell —, Raul A, Reyes, Sonia Sotomayor, Jules Boykoff, Jaime M, Valiathan, Ed Manning, Sara Stewart, Noah Berlatsky, Taylor Swift Amy Bass, Taylor Swift, Swift, Department ”, ” Bass, “ Swift, Joe, Alwyn, Diana, they’re, Clara Bow, Dylan Thomas, Patti Smith — Organizations: CNN, Republicans, MAGA Republicans, Agency, Congress, Biden, Homeland, National Guard, ‘, Manhattan, Attorney, New York Democrats, Twitter, Facebook, New York Times, Trump, Berkeley, Nazism, Columbia, Nike, Team USA, Sydney, Port, Conservative, Squadron, Royal Auxiliary Air Force, Central Press, Hulton, National Health Service, WNBA, Ungentlemanly, Department Locations: Ukraine, Israel, Taiwan, Manhattan, Iran, Russia, China, ‘, New, CNN Iran, “ Israel, Gaza, Israeli, Damascus, Iraq, America, Dearborn, Nazi Germany, Berkeley , California, Berkeley, East Bay, Sydney, Port Arthur, Tennessee, Surrey, Croydon, Quebec, Britain, Vancouver, London, Welsh

☆ European markets head for mixed open after Wall Street logs another day of declines
▼ + stars: | 2024-04-18 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

Crude oil futures fell more than 3% Wednesday as the market dismissed the risk of a wider war between Israel and Iran that could disrupt supplies. The West Texas Intermediate contract for May delivery lost $2.76, or 3.23%, to $82.60 a barrel. June Brent futures were down $2.87, or 3.19%, at $87.15 a barrel. U.S. oil and the global benchmark are down more than 3.5% for the week. "Theories of Iran-Israel tension disrupting oil supplies have fizzled out," said Manish Raj, managing director of Velandera Energy Partners.

Persons: Brent, Manish Raj, — Spencer Kimball Organizations: The West Texas Intermediate, Velandera Energy Partners Locations: Israel, Iran, The, U.S

Within days, millions of TikTok videos using music from Universal artists went mute, and since then guessing which side would blink first has become a media-business parlor game. Backing this up, one study found that TikTok users reported experiencing higher levels of flow than Instagram users. Corey Basch, who analyzed 100 popular TikTok videos with the hashtag mentalhealth for a 2022 study, emerged concerned about the looping effect of the algorithm. Cerave Sales increased by more than 60 percent in 2020 after skin care became a lockdown pastime and TikTok users discovered the drugstore mainstay. Cat Crack Catnip It briefly sold out in 2021 after TikTok users posted videos of their cats going crazy for it.

Persons: randos, TikTok, you’ve, Sydney Sweeney, Glen Powell, ”, “ Wonka, Barbie, “ Oppenheimer, —, goofing, cavorting, Sue Fleishman, Z’s Walter Cronkite, Spehar, Donald J, Trump, he’s, Caitlin Clark’s, Joe Biden, Justin Bieber, Abbie Richards, Richards, Britney Spears, Taylor Swift, Olivia Rodrigo, Lil Nas X, Fleetwood Mac, Rodrigo, Billie Eilish, Drake, Swift, ByteDance, can’t, Mark Warner, hasn’t, Al, ear on, Li Organizations: Fleetwood Mac, Facebook, Sony, Universal, Warner Bros, White, Pew Research Center, YouTube, The New York Times, Kansas City Chiefs, Media, Colgate, Universal Music Group, ByteDance, Intelligence Committee, e Locations: United States, Beijing, Biden’s, TikTok, Singapore, View, Calif, China, American

☆ Ukraine war live updates: Russia fends off drone, missile and 'balloon' attack; Ukraine says it deserves same support as Israel
▼ + stars: | 2024-04-18 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

It's been a difficult week for Ukraine's President Volodymyr Zelenskyy as he continues to plead with the country's allies for more military aid, air defenses and backing to help beat Russia. Kyiv has watched how Israel's Western partners actively intervened last Saturday to help to defend the state from a massive Iranian drone and missile strike, with many of the projectiles intercepted by U.S., British, French and Jordanian forces. Although he has to tread a fine line between maintaining their support and goodwill, and campaigning for deeper assistance, Zelenskyy echoed that sentiment when addressing EU leaders Wednesday night. "We are still convincing that we need to protect Europe from ballistic missiles and 'Shaheds' [Iranian-made drones], from cruise missiles and bombs, as it happened in the skies of Israel and other countries in the region. Our Ukrainian sky and the sky of our neighbors deserve the same security," he said.

Persons: It's, Volodymyr Zelenskyy, Zelenskyy, Israel, — Holly Ellyatt Organizations: Russia, U.S, NBC Locations: Jordanian, Ukraine, U.S, Europe, East, Brussels, Israel

☆ Russia is expected to grow faster than all advanced economies this year
▼ + stars: | 2024-04-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesRussia's economy is expected to grow faster than all advanced economies this year, according to the International Monetary Fund. The prediction will be galling for Western nations which have sought to economically isolate and punish Russia for its 2022 invasion of Ukraine. In short, Russia has adapted to a "new normal" as its economy has been put on a war footing. The Washington-based IMF includes the U.S., U.K., the euro area's largest economies, Canada and Japan as advanced economies. "If you look at Russia, today, production goes up, [for the] military, [and] consumption goes down.

Persons: Vladimir Putin, Uralvagonzavod, Ramil Sitdikov, Kristalina Georgieva, CNBC's Dan Murphy, Georgieva, Elvira Nabiullina, Andrey Rudakov Organizations: Evraz Consolidated, Siberian Metallurgical, Bloomberg, Getty, International Monetary Fund, U.S, Sputnik, Afp, IMF, TU, CNBC, World Governments, Bank of Russia, Duma Locations: Evraz Consolidated West, Novokuznetsk, Russia, Germany, France, Ukraine, India, China, Russian, Urals, Nizhny Tagil, Washington, Canada, Japan, Europe, Asia, Kazan, Dubai, Soviet Union, Russia's

☆ European stocks head for positive open despite Fed comments rattling global markets
▼ + stars: | 2024-04-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European stocks are expected to open in positive territory Wednesday, despite global markets being rattled by comments from the head of the U.S. Federal Reserve. Fed Chair Jerome Powell said Tuesday that the central bank needs to see more progress on the inflation front before it's likely to begin cutting rates. He said there had been "a lack of further progress so far this year on returning to our 2% inflation goal." Asia-Pacific markets were mixed after Tuesday's broad selloff, while U.S. stock futures hovered near the flatline on Tuesday night after the S&P 500 notched its third straight day of losses.

Persons: Jerome Powell Organizations: U.S . Federal Reserve Locations: Asia, Pacific

☆ Hawaii wildfires 2023: New report details problems and heroism from Maui’s disastrous infernos
▼ + stars: | 2024-04-17 | by ( Holly Yan | ) edition.cnn.com time to read: +7 min

Among them: Chief officers and some Maui Fire Department staff used “WhatsApp” for situational awareness updates, but not everyone in the department used the app. Despite this, the collective actions by MFD and law enforcement saved many lives and property across the island,” the report says. “Battalion Chiefs initiated upstaffing for some resources on the morning of August 8” – the day the four major wildfires ignited. “MFD requested law enforcement to facilitate evacuations over the radio. “That is still under investigation with the Bureau of Alcohol, Tobacco, Firearms and Explosives,” Maui Fire Department Chief Brad Ventura said Tuesday.

Persons: ” “, “, ”, Anne Lopez, –, upstaffing, Brad Ventura, ” Ventura, Ventura Organizations: CNN, Maui Fire Department, National Weather Service, Western Fire Chiefs Association, Staff, Hawaii’s, Fire Safety Research Institute, BCs, State, “ Battalion Chiefs, ICS, Incident Command, Hawaiian Electric Company, Alcohol, Tobacco, Firearms, Explosives Locations: Maui, “, Lahaina

☆ Ukraine war live updates: Putin gives first comments on Iran attack; Ukraine 'ran out of missiles' to stop power plant destruction
▼ + stars: | 2024-04-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Russian President Vladimir Putin has given his first comments on the Iranian attack on Israel, calling on all sides to exercise restraint in order to avoid a major regional confrontation. The Kremlin said Putin and his Iranian counterpart, Ebrahim Raisi, had spoken on the phone Tuesday, discussing Israel’s airstrike on a Iranian diplomatic mission in Damascus and Iran’s "retaliation measures," referring to Tehran's massive drone and missile strike on Israel last Saturday. As the world awaits Israel's reaction to the attack, the Kremlin said "Putin expressed hope that all sides will exercise sensible restraint and will not allow a new round of confrontation that may be fraught with disastrous consequences for the entire region." The Kremlin said that Putin believed that the "unresolved Palestinian-Israeli conflict was the root cause of the current developments in the Middle East." In other news, Ukraine's President Volodymyr Zelenskyy said Ukraine "ran out of missiles" to stop a Russian strike destroying a Ukrainian thermal power plant near the capital Kyiv last week.

Persons: Vladimir Putin, Putin, Ebrahim Raisi, Volodymyr Zelenskyy Organizations: Kremlin, Israel Locations: Israel, Damascus, Ukraine, Russian, Kyiv

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