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☆ NBA rejects Warner Bros. Discovery matching offer in bid to retain games, setting up potential legal showdown
▼ + stars: | 2024-07-24 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

“Warner Bros. Discovery’s most recent proposal did not match the terms of Amazon Prime Video’s offer and, therefore, we have entered into a long-term arrangement with Amazon,” the NBA said in a statement. Disney will retain the NBA Finals, a Christmas Day game broadcast, Wednesday games on ESPN, Saturday prime time games on ABC and Sunday showcase packages. Finishing out the trio, Amazon’s Prime Video will stream the emirates NBA Cup, SoFi NBA Play-In Tournament, and both Thursday and Friday night games. Amazon will also serve as the league’s strategic partner and third-party global destination for the NBA League Pass. The agreements include more nationally broadcast games than in previous years, the NBA shared, adding that all national games will also be available on broadly distributed steaming services.

Persons: “ Warner, ”, Turner, WBD, ” Adam Silver, Peacock Organizations: New, New York CNN, NBA, Wednesday, Warner Bros, Amazon Prime, “ Warner Bros, Amazon, ESPN, Turner Sports, TNT, TNT Sports ’, Disney, ”, Prime, ABC, NBC, Sunday Locations: New York, United States

☆ Why a majority of Americans think the economy is already in a recession
▼ + stars: | 2024-07-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Read previewWhile Wall Street cheers the country's economic momentum, outlooks among most Americans appear more gloomy, an Affirm survey reported. The payments company found that three in five Americans think the US is currently in a recession. Seven out of 10 Americans see today's inflation rate as a burden on their financial futures, limiting their ability to save and plan ahead. For its part, Wall Street has remained optimistic about the economy's trajectory, given that inflation has progressively come down from its pandemic highs. Although spending kept up enough to stall an official recession, Americans have gradually pulled back their buying.

Persons: —, Vishal Kapoor Organizations: Service, Business, Product, Northwestern Mutual, Federal Reserve, of America Locations: U.S, Affirm's

☆ Israeli former national security officials and business leaders blast Netanyahu ahead of his speech to Congress
▼ + stars: | 2024-07-23 | by ( Alex Marquardt | ) edition.cnn.com time to read: +6 min

CNN —A group of senior Israeli figures including former national security officials, academics and business leaders have sent US congressional leadership a blistering letter accusing Israeli Prime Minister Benjamin Netanyahu, who is set to speak to Congress on Wednesday, of threatening both Israeli and American national security. “Netanyahu severely harms the US national security interests through his approach to this war, which adversely impacts American policy in the Middle East and beyond and further endangers Israel,” it continues. The Obama White House had been blindsided by Netanyahu’s decision to address Congress after another invitation from a Republican House speaker, John Boehner. Typically, a vice president, in their role as president of the Senate, would attend and sit prominently on the dais. However, Vice President Kamala Harris will also miss Netanyahu’s Wednesday speech due to travel, which Biden’s national security adviser Jake Sullivan said Friday he did not expect to be a repeat of 2015.

Persons: Benjamin Netanyahu, Netanyahu, he’s, Tamir Pardo, Aaron Ciechanover, Avishay, Carmi, Morris Kahn, Jeremy Levin, “ Netanyahu, Mike Johnson, Hakeem Jeffries, Chuck Schumer, Mitch McConnell, Pardo, disinvite Netanyahu, ”, Alon Pinkas, “, Biden, –, Pinkas, ” Benjamin Netanyahu, Sen, Bernie Sanders, Schumer, Joe Biden, Biden’s, Obama, John Boehner, Kamala Harris, Jake Sullivan, they’re, ” Sullivan, ’ Organizations: CNN, Israeli, American, Ben Gurion University, Republican, ”, Obama White, Aspen Security, White, Gaza . Senior, Gallup Locations: Gaza, Israel, New York, Washington, Iran, Gaza .

☆ Taiwan stole America’s chip industry according to Trump. But that’s not true
▼ + stars: | 2024-07-23 | by ( Wayne Chang | ) edition.cnn.com time to read: +7 min

Industry experts tell CNN that, far from stealing, Taiwan grew its own semiconductor industry organically through a combination of foresight, hard work and investment. The only possible strength that Taiwan had, and even that was a potential one, not an obvious one, was semiconductor manufacturing,” he said. Billionaire Morris Chang, chairman and founder of Taiwan Semiconductor Manufacturing Company, in Hsinchu, Taiwan, on October 6, 2017. It now produces more than 90% of the world’s advanced chips, according to the Semiconductor Industry Association. “Taiwan has very good tech talent and an environment for research, development and investment.

Persons: Donald Trump, Morris Chang, Chang, “, ”, Billionaire Morris Chang, Wang, Christopher Miller, Miller, TSMC, ” Konrad Young, ” Young, Cho Jung, ” Cho, Trump, Trump’s, Joe Biden, Young Organizations: Taiwan CNN — Former, Bloomberg Businessweek, Republican, Industry, CNN, Taiwan Semiconductor Manufacturing, Intel, Motorola, Texas, Computer, Taiwan Semiconductor Manufacturing Company, Bloomberg, Getty, Semiconductor Industry Association, Technology, Samsung Electronics, US, Trump Locations: Taipei, Taiwan, United States, Mountain View , California, Hsinchu, Washington, “ Taiwan, China, ”, South Korea, Arizona

☆ Live Election Updates: Harris Hits Trail With Delegates, Cash and Energy at Her Back
▼ + stars: | 2024-07-23 | by ( Nicholas Nehamas | Chris Cameron | ) www.nytimes.com time to read: +11 min

The prosecutor-versus-felon approach may appeal to undecided voters who had been sour on both Mr. Trump and President Biden. Mr. Trump, for his part, has been trying to soften some of his harshest rhetoric about seeking vengeance on his rivals ahead of the general election. In the case of Ms. Harris, the contempt is displayed both in public and private. Since then, Mr. Trump has attacked her savagely, particularly when she became Mr. Biden’s running mate in 2020. On Sunday, Mr. Trump, who has insisted he would debate Mr. Biden anytime and anywhere, appeared to try to change the terms of the second debate.

Persons: Donald J, Trump, pollsters, Harris, Biden, Letitia James, Fani Willis, fraudsters, cheaters, Donald Trump’s, Kamala Harris, Erin Schaff, Angela Merkel, “, Carol Leonnig, Philip Rucker, Mr, ”, Barack Obama, Ms, Lauren Leader, Hillary Clinton, Trump’s, Daniel Acker, Karoline Leavitt, Harris “, Joe Biden, Kamala, Joe Biden’s, Neil Newhouse, Biden’s, she’s, Mike Pence, Biden’s frailties, Jessica Mackler, Donald Trump Organizations: Democratic, Trump, Trump . Credit, The New York Times, Washington Post, Fox News, Publicly, The New York, Mr, Republican, Trump University, ABC, Republican National Convention, National Republican Senatorial Committee, Senate Republicans Locations: New York, Georgia, San Francisco, California, “, Trump ., Iowa, Michigan , Pennsylvania, Wisconsin

☆ Harris eyes changes at campaign headquarters while wary of drama
▼ + stars: | 2024-07-23 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +11 min

But now it has to retool to elect Kamala Harris, who’s a Black and South Asian woman in the year 2024,” said one aide at campaign headquarters. Never have the people on what was, until Sunday afternoon, the very small core team around Harris felt so popular. That, they know, has to change immediately, but will happen as Harris’ staff is asked to step in. Retaining hard fought Harris equilibriumLike Biden, Harris doesn’t have a history of running great or well-functioning campaigns, whether that was her Senate race in 2016 or her 2020 presidential run that didn’t even survive until December of 2019. So at least for now, the campaign staff are trying to hold to a line that deputy campaign manager and digital outreach specialist Rob Flaherty used on a call Monday afternoon that senior staff held.

Persons: CNN —, Joe Biden, Kamala Harris, Harris, retool, who’s, ”, Biden, Mike Donilon, didn’t, Steve Ricchetti, Bruce Reed, Anita Dunn, “ It’s, Trump, Jeff Zients, —, Harris ’, Tony West, Rahm Emanuel —, Bill Clinton, Japan —, Emanuel, “, David Plouffe, Barack Obama’s, Plouffe, Donald Trump, Jen O’Malley Dillon, Julie Chavez Rodriguez, O’Malley Dillon, Quentin Fulks, Joe, ” Harris, it’s, Harris doesn’t, flay, Hillary Clinton’s, Megan Jones, Kirsten Allen, Sheila Nix, Brian Fallon, ruefully, Rob Flaherty, ” Flaherty Organizations: CNN, American, White House, Democratic, Wing, White, Justice Department, House Democratic, Chicago, Naval, West Wing, House Locations: Harris, Japan, doesn’t, Washington, Wilmington

☆ Can Kamala Harris Sell ‘Bidenomics’?
▼ + stars: | 2024-07-23 | by ( Jim Tankersley | ) www.nytimes.com time to read: +1 min

President Biden has signed more major economic legislation than any other president has this century. He presided over record job growth and a recovery from pandemic recession that was the envy of the wealthy world. But voters gave Mr. Biden little credit, focusing instead on the inflation surge that plagued much of Mr. Biden’s term. That shortcoming was jeopardizing Mr. Biden’s re-election chances well before he fumbled through a televised debate last month and re-inflamed questions about his age. As Mr. Biden steps away from the 2024 campaign and Vice President Kamala Harris tries to rally support for the presidential nomination, economic questions loom large over her candidacy.

Persons: Biden, Mr, Biden’s, Donald J, Trump, Kamala Harris Locations: America, China

☆ Harris won't be easier for Trump to beat than Biden was after the debate: Claffey Communications
▼ + stars: | 2024-07-23 | 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 EmailHarris won't be easier for Trump to beat than Biden was after the debate: Claffey CommunicationsLauren Tomlinson, former deputy assistant secretary for strategic communications and public affairs at the Department of Homeland Security under the Trump administration, and founder of Claffey Communications, says "Trump is going to have a very close race on his hands."

Persons: Harris, Biden, Lauren Tomlinson, Trump Organizations: Trump, Claffey, Department of Homeland Security, Claffey Communications

☆ What the West's foes may be learning from the Ukraine war
▼ + stars: | 2024-07-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

AdvertisementShe explained that from a tactical perspective, Ukraine and Russia are learning much about each other, and in response, the cycles of adaptation and countermeasures are rapidly compressing. "Russia's allies and their partners are learning from them, and this is now a currency that Russia has to give to Iran, China, North Korea — that learning of our equipment." Iran and North Korea have collectively outfitted Russia with a bunch of lethal aid, including missiles, rockets, artillery shells, and drones. Photo by ANONYMOUS/Middle East Images/AFP via Getty ImagesChina's support for Russia as it wages war in Ukraine has been more discreet. Experts and officials have also said that North Korea is likely learning about how its weapons perform in actual combat conditions.

Persons: —, Dara Massicot, Massicot, Baiba Braže, Alina Smutko, Tehran's, Abrams, ALEXANDER NEMENOV, It's, Luke Coffey, Iran's Organizations: Service, NATO, Business, Carnegie Endowment, International, Latvia's, Mechanized Brigade, REUTERS, Getty, CNN, Russian, Army Tactical Missile, West, Ukraine —, Hudson Institute, North, General Staff, Ukrainian Armed Forces, Institute for, Ukraine Locations: Ukraine, Russia, Washington, Iran, China, North Korea, Moscow, Iranian, Kermanshah, Beijing, Tehran, Pyongyang, AFP, Israel, Korea, Ukrainian, X

☆ Russia pulled military aircraft from service because of poor quality parts: report
▼ + stars: | 2024-07-22 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Russia grounded five Il-76MD-90A aircraft due to poor-quality parts. The Russian air force's fleet of Il-76MD-90A aircraft has suffered significant attrition since 2022. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia was forced to take five military aircraft out of service due to key parts being swapped out for poor-quality ones, according to local media reports. The issue affects the landing gear of Russia's Il-76MD-90A, a large modernized strategic aircraft designed for ferrying troops and military equipment.

Persons: — Organizations: Service, Business Locations: Russia, Moscow

Earning Capital One RewardsYou need a Capital One miles-earning credit card in order to earn Capital One miles. Other credit cards offer higher rewards in certain categories of spending Insider’s Take If you want an easy, no-fuss travel rewards credit card, the Capital One Venture Rewards Credit Card is a great fit. Limited benefits Insider’s Take The VentureOne Rewards Card is a slimmed-down version of the popular Capital One Venture Rewards Credit Card. If you're looking for a flexible travel credit card that fits your travel strategy, any Capital One travel credit card is worth exploring. Capital One Rewards frequently asked questionsHow can I earn rewards with Capital One credit cards?

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The information for the following product(s) has been collected independently by Business Insider: Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Bold® Credit Card, Marriott Bonvoy Bountiful™ Card. Marriott Bonvoy 1K Bonus Points Per Stay: Earn 1,000 Marriott Bonvoy® bonus points per paid eligible stay booked directly with Marriott for properties participating in Marriott Bonvoy. Marriott Bonvoy Bountiful™ CardIf you're interested in the Marriott Bonvoy Bevy™ American Express® Card, you should also consider its almost identical sibling: the Marriott Bonvoy Bountiful™ Card. Marriott Bonvoy Rewards frequently asked questionsHow can I earn Marriott Bonvoy points? Business Insider values Marriott points at 0.7 cents apiece on average, so 50,000 Marriott Bonvoy points are worth $350 by our valuations.

Persons: Marriott, Regis, you'll, I've, We've, they've, You'd, You've, Cardholders, it's, Amex, cardholders, Taylor Organizations: Business, Marriott, Read, Marriott Bonvoy Marriott, Ritz, Carlton, Starwood Hotels, Resorts, JW Marriott, Marriott Delta, Sheraton Gaylord Hotels Homes, Villas, Marriott International, Marriott Hotels, Resorts Marriott, Carlton Reserve, Ambassador, Marriott Bonvoy, JW Marriott Chicago, British Airways Executive Club, American Airlines, Korean, Alaska Airlines, Cathay, Cross, Unicef Marriott, American Express, Emirates, Hertz, Hertz Five Star, United Airlines, TSA, Global, TSA PreCheck, Cell, New Hampshire Insurance Company, AIG Company, U.S, Chase, Amex, ™, Silver Locations: Bora Bora, Aspen, St, Regis, Villas, Maldives, Dubai, Greece, Chicago, Regis Beijing, Hong Kong, Cambridge, Delta, Asia, Cathay Pacific, Alaska, New York, Singapore, U.S, Marriott Bonvoy, Marriott

Keep reading to see how the Amex Platinum Card and the Amex Business Platinum Card differ, and to decide if either is right for you. Finally, the Amex Platinum Card and the Amex Business Platinum Card come with a Priority Pass membership**. 35% points rebate on the Amex Business PlatinumThis is an incredibly valuable perk that's only available with the Amex Business Platinum Card. Amex Platinum vs. Amex Business Platinum frequently asked questionsWhat are the main differences between the Amex Platinum and Business Platinum cards? The Amex Platinum earns bonus points on travel, while the Business Platinum also offers elevated rewards on certain business expenses.

Persons: Amex, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, you've, You'll, — you'll, you'll Organizations: American Express, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, TSA, Global, Saks Fifth, Business, Adobe, Dell, Card, Amex Travel, Delta Sky Club, Delta, Lufthansa, Austrian Airlines, Sky, Resorts, Fine, United, Amex, —, Hertz, Fine Hotels, Hulu, New York, Paramount, Equinox Locations: Hulu, AmexTravel.com, Europe, Asia, Hong Kong, —

Some of the most important factors to consider when buying a house are price, size, and location. Location and neighborhoodLocation is something you're stuck with until you move, so be sure you're choosing a city, school district, and neighborhood that suits your needs. If homes are flying off the shelves, you'll need to be prepared to make fast offers that get noticed right off the bat. If the appraisal comes in lower than what you offer, you'll have to make up the difference or renegotiate with the seller. Evaluating a house's resale potential is critical, as you want to be sure you're making a smart investment of your money.

Persons: Glen Pizzolorusso, Hope, that's, they're, it's, you've, they'll, you'll Organizations: Glen Christopher Luxury, Facebook, Energy Locations: Connecticut, Chevron

☆ Russia and China are gaining ground on the US in Latin America, US commander says
▼ + stars: | 2024-07-22 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

Read previewRussia and China are trying to compete with the US for influence in Latin America, according to the US Southern Command commander. Kevin Riehle, a former FBI counterintelligence officer, told BI last December that Russia was using South America to obtain fake identities for its spies. AdvertisementDaniel P. Erikson, deputy assistant secretary of defense for the Western Hemisphere, also warned of Chinese and Russian threats in Latin America at an Atlantic Council event in February. Latin America, in the post-Cold War era, has not seen major wars, the prospect of nuclear weapons, or US rivals seeking to establish military bases and alliances directly, he said. "Nonetheless, the economic needs of Latin America and weak governance in many cases have opened the door for predatory, non-transparent deals, particularly with the PRC, which has expanded its influence," he said, using the initials of the People's Republic of China.

Persons: —, Laura J, Richardson, Vyacheslav Volodin, Craig Faller, Kevin Riehle, Daniel P, Erikson, Evan Ellis, Ellis Organizations: Service, US Southern Command, Aspen Security, Initiative, Business, Russian, Institute for, West . Belarus —, US Special Operations Command, FBI, Strategic, International Studies, Atlantic Council, US Army, Strategic Studies Institute, Southern Command Locations: Russia, China, Latin America, Colorado, America, Nicaragua, Cuba, Venezuela, West . Belarus, Belarus, South America, Washington, DC, Caribbean, East, Ukraine, People's Republic of China, Iran, United States

☆ Paris 2024 venues: Where every sport is being held at the Olympic Games
▼ + stars: | 2024-07-22 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +9 min

The Olympic Games are coming to the French capital and homes have been found for all 32 sporting disciplines. Breaking, the newest Olympic sport, will take place at La Concorde and will share the area with 3x3 basketball, skateboarding and freestyle BMX. It will become the Olympic Stadium for the duration of the Games, welcoming track and field (athletics) and rugby sevens. Olympic tennis will naturally take place here, but its centerpiece – Court Philippe Chatrier – will also play host to boxing bouts. Emmanuel Dunand/AFP/Getty ImagesSoccer will cover the most ground of any sport at the Games, with matches being held in seven different stadiums across the country.

Persons: CNN —, Catherine Steenkeste, de Mars, Sarah Meyssonnier, Napoleon Bonaparte, Stade Roland Garros, Philippe Chatrier –, Philippe, Chatrier, Emmanuel Dunand, Germain, Sean M, Blanc Marina, Pierre Mauroy, Pont Alexandre III, Anne, Christine Poujoulat, Yves du, de, Boris Horvat, Geoffroy, Guichard, Stade, Pascal Le Segretain Organizations: CNN, Olympic Games, Aquatics Center, Nations, Eiffel, Reuters, des, Concorde, La Concorde, Chesnot, Getty, Stade de France, UEFA Champions League, Games, Southwest, Stade, Parc des Princes, Paris Saint, Paris, Marseille, Stade Vélodrome, Princes, Aquatics, Chapelle, North Paris Arena, Stade Roland, Palais, Yves du Manoir, South Paris, de Mars, La Chapelle, Nautical, Rugby, Marseille Marina Sailors, Concorde Soccer, Bordeaux, Nice, Parc de Princes Sport, Le, La, Tennis, Garros, Pont Alexandre III Volleyball, Water, Paris La Défense, Wrestling Locations: Paris, France, – Paris, Seine, Versailles, des Invalides, ”, Light, AFP, Parc des, Tahiti, Polynesia, Marseille, Blanc, Bordeaux, Saint, Lyon, Nantes, Nice, Lille, Yvelines, de Versailles, Parc, Le Bourget

☆ What to expect in Venezuela’s presidential election as strongman Maduro faces his biggest test yet
▼ + stars: | 2024-07-21 | by ( David Shortell | ) edition.cnn.com time to read: +9 min

Venezuelan opposition presidential candidate Edmundo Gonzalez and opposition leader Maria Corina Machado wave to supporters at the Central University of Venezuela UCV in Caracas on July 14, 2024. Analysts see those as the seeds of a pretext that Maduro could use to postpone or cancel the election at the last minute. Some have speculated that Maduro could use the crisis as an excuse to suspend the election. Supporters at a meeting with Venezuelan opposition presidential candidate Edmundo Gonzalez and opposition leader Maria Corina Machado at the Central University of Venezuela UCV in Caracas on July 14, 2024. Maduro currently faces drug trafficking and corruption charges in the US and is under investigation for crimes against humanity by the International Criminal Court.

Persons: Nicolás Maduro, Maduro, Edmundo Gonzalez Urrutia –, Hugo Chavez’s, Nicolas Maduro, Flores, Teresa Carreño, Jesus Vargas, “, Edmundo Gonzalez, Maria Corina Machado, Pedro Rances Mattey, Gonzalez, Corina Yoris, Oswaldo Ramírez, ORC Consultores, ”, Juan Barreto, Chávez, Ryan Berg, They’re, Machado, Yoris, –, Jimmy Carter –, Berg, ” Machado Organizations: CNN, of American, Teresa, Teresa Carreño Theater, International Monetary Fund, Central University of Venezuela UCV, Getty, Democratic, Venezuelan, Americas, Center for Strategic, International Studies, US, The Carter, European Union, CSIS, International Criminal, Socialist United Party Locations: Canada, United States, Caracas, Venezuela, Anadolu, “, Agua, Maiz, AFP, Guyana

☆ Psychedelic therapy with ketamine aims to ease PTSD for Ukrainian soldiers coming back scarred from front-line fighting
▼ + stars: | 2024-07-21 | by ( Ella Sherman | ) www.businessinsider.com time to read: +6 min

Read previewAdministered ketamine is being used in concert with therapy to treat Ukrainian veterans who experience post-traumatic stress disorder from fighting on the battlefield. AdvertisementA study published earlier this year focused on the treatment of depression among veterans using ketamine taken through an IV. The doses provided at least partial relief to many of the test subjects and after six weeks of ketamine infusions, depression scores dropped significantly. "Soldiers, for them, it's natural to consider themselves like a strong man," Matrenitsky said, explaining that the effects of the ketamine therapy allow individuals to overcome defensive barriers over their emotions. In partnership with Heal Ukraine Trauma, Matrenitsky along with other healthcare professionals have teamed up to form the Ketamine-Assisted Psychotherapy initiative in hopes of educating Ukrainian therapists on Ketamine-Assisted Therapy.

Persons: —, Elaine Klein, Julia Rendleman, Dr, Vladislav Matrenitsky, Yulia Brockdorf, Wolfgang Schwan, Matrenitsky, Bandura, Paula Reynal, Klein Organizations: Service, Business, Heal, Washington, Center, Psychotherapy, 24th Brigade, Getty, Strategic, International Studies Locations: American, Ukraine, US, Kyiv, Anadolu, That's, Washington

☆ Costs from the global outage could top $1 billion – but who pays the bill is harder to understand
▼ + stars: | 2024-07-21 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —The world learned relatively quickly that cybersecurity firm CrowdStrike was behind a crippling global tech outage on Friday. Billion-dollar billExperts largely agree it’s too early to get a firm handle on the price tag for Friday’s global internet breakdown. His firm estimates that a recent hack of CDK Global, a software firm that serves US car dealerships, reached that $1 billion cost mark. It’s also not clear how many customers CrowdStrike might lose because of Friday. It will be difficult, and not without additional costs, for many customers to switch from CrowdStrike to a competitor.

Persons: CrowdStrike, ”, you’re, Dan Ives, it’s, Patrick Anderson, Anderson, Harry Reid, Ty ONeil, “, James Lewis, Lewis, It’s, Wedbush Securities ’, ” Ives, George Kurtz, ’ ”, Eric O’Neill Organizations: New, New York CNN, CNN, Wedbush Securities, Anderson Economic Group, Harry, Harry Reid International Airport, Microsoft, Center for Strategic, International Studies, SolarWinds, Exchange Commission, CNBC Locations: New York, Michigan, Russian, CrowdStrike

☆ In a Taiwan war, the US could find itself fighting China without its top allies
▼ + stars: | 2024-07-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

The study excluded nations that already faced a risk of direct conflict with China, the US and their respective allies. On the other hand, America's top allies don't share American fears that a massive Chinese military buildup and Chinese leader Xi Jinping's avowed determination to "reunify" Taiwan with China are steps toward war, but rather may be nationalistic posturing. AdvertisementYet if Japan, Australia, Britain and Canada are reluctant to confront China, there are actions they can take to help Taiwan. In addition, the four middle powers could play a role in mediators to prevent a Taiwan war from happening. "To build credibility with both great powers, the four middle powers need to rebuild and bolster their strategic autonomy, material power, and commitment to the Asia-Pacific region."

Persons: Rafiq Dossani, isn't, Xi Jinping's, China's, Dossani, Michael Peck Organizations: Service, America's, RAND Corp, RAND, Business, Taiwan's Ministry of Foreign Affairs, Canada, Chinese Communist Party, NATO, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Taiwan, China, Japan, Australia, Canada, American, South Korea, India, Beijing, Asia, South China, Pacific, Okinawa, East China, Britain, Europe, Forbes

☆ China Shows Few Signs of Tilting Economy Toward Consumers in New Plan
▼ + stars: | 2024-07-21 | by ( Keith Bradsher | Chris Buckley | ) www.nytimes.com time to read: +1 min

China engaged in a monthslong drumbeat of anticipation that a Communist Party leaders’ meeting would show the way to a new era of growth for the slowing economy. The outcome was a plan released on Sunday offering more than 300 steps on everything from taxes to religion. Many economists had called for a comprehensive effort to rebalance the Chinese economy away from investment and toward consumer spending. The party promised to “promote the development of strategic industries” in eight sectors, from renewable energy to aerospace. Those were essentially the same industries as in the country’s decade-old Made in China 2025 plan to replace imports of high-tech goods with locally produced products, as part of a national push for self-reliance.

Persons: ’, — Organizations: Communist Party, Communist Party’s Central Committee Locations: China

☆ Ukraine war: European nations turn to conscription as threat of wider war with Russia grows
▼ + stars: | 2024-07-21 | by ( Radina Gigova | ) edition.cnn.com time to read: +12 min

Several European nations have reintroduced or expanded compulsory military service amid Moscow’s mounting threat, part of a range of policies aimed at boosting defenses that are likely to be scaled up even further. Compulsory military service was reintroduced on January 1 this year, after being abolished in 2006. In the UK, the Conservatives floated the idea of military service in their ill-fated election campaign. In Lithuania, for instance, opinions about military service among students vary, said Paulius Vaitiekus, president of Lithuania’s National Students’ Union. However as an alliance we do not prescribe mandatory military service,” Dakhlallah said.

Persons: ”, Robert Hamilton, Vladimir Putin “, Wesley Clark, we’ve, Clark, “, Arturs Pīlācis, Ints Kalnins, Jonas Gahr Støre, Jens Bartnes, ” Bartnes, Max Henrik Arvidson, Boris Pistorius, Thomas Frey, Sean Monaghan, Paulius Vaitiekus, Vaitiekus, Monaghan, Hamilton, it’s, ” Radebo, Mikael Sjoberg, Russia’s, Farah Dakhlallah, Dakhlallah, ” Dakhlallah, ” Monaghan, Donald Trump –, ” Clark Organizations: CNN, Foreign Policy Research Institute, US Army, Allied, Europe, NATO, ” Latvian, Reuters, European Union, Conservatives, Federal, of Defense, Eurasia Program, Center for Strategic, International Studies, Lithuania’s, ’ Union, Finnish Defence Forces, Swedish Armed Forces, Marinette, Ministry of Defense, Bloomberg, Getty Locations: Russia, Ukraine, Kyiv, Europe, Eurasia, Kosovo, Scandinavia, Latvia, ”, Riga, Norway, Norwegian, Germany, B'chel, Lithuania, Ukrainian, NATO, Finland, Soviet Union, Sweden, NATO’s, Swedish, Gotland, Visby, Moscow, Crimea

☆ Opinion | One of the Republican Convention’s Weirdest Lies
▼ + stars: | 2024-07-21 | by ( David French | ) www.nytimes.com time to read: +1 min

I watched hour upon hour of the Republican National Convention, something I’ve done every four years since I was a young political nerd in 1984. Speaker after speaker repeated the claim that America was safer and the world was more secure when Trump was president. If past performance is any indicator of future results, Americans should brace themselves for more chaos if Trump wins. The theme of the second night of the convention was “Make America Safe Again.” Yet the public mustn’t forget that the murder rate skyrocketed under Trump. According to the Pew Research Center, “The year-over-year increase in the U.S. murder rate in 2020 was the largest since at least 1905 — and possibly ever.”

Persons: Mitt Romney, Donald Trump, Trump, ” Organizations: Republican National Convention, Republican, America, Trump, Pew Research Center Locations: America, Russia, U.S

☆ The US Navy's Red Sea fight is more intense than even the Tanker War in the 1980s, destroyer captain says
▼ + stars: | 2024-07-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

One rare exception to this was the Tanker War that was a part of the larger Iran-Iraq War in the 1980s. "And that's why I compare that more so to World War II than, I'd say, even outpacing what was seen during the Tanker War." Specifically from the perspective of the almost non-stop air-defense engagements, the Red Sea fight has definitely been more intense than anything the US Navy has seen since World War II, including the Tanker War, he said. AdvertisementThe Second World War was much more intense given the fleets that were facing off. "Certainly, it's the most intense air-defense challenge we've encountered in a long time," Macy said of the Red Sea fight.

Persons: —, Houthi, Mason, Dwight D, Cmdr, Justin Smith, Samantha Alaman, Carney, Smith, Eisenhower, Archer Macy, Mark Duncan, Macy, we've Organizations: Service, US Navy, Business, Eisenhower Carrier Strike Group, Navy, Tanker, AP, Center for Strategic, Studies ' Missile Defense, US Locations: Gulf of Aden, Korea, Vietnam, Iran, Iraq, Gulf, Aden, Persian Gulf, Tehran, Iraqi, Red, Persian, Salle, La Salle, Okinawa, Yemen

☆ Destroyer captain says the US Navy's Red Sea fight is more intense than even the Tanker War in the 1980s
▼ + stars: | 2024-07-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

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