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☆ I'm a New Yorker who went to Canada for the first time. Here are 9 things that impressed me so much, I'm already planning a trip back.
▼ + stars: | 2024-08-27 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

I went to Canada for the first time in 2022 and can't wait to return someday. Over seven days, I traveled to Niagara Falls, Toronto, Montréal, and Québec City, mostly by train. I want to return to Québec and Niagara Falls, and take more Canadian trains to other provinces. Go to newsletter preferences Thanks for signing up! AdvertisementImmense waterfalls, scenic train rides, and cities that feel like Europe — I experienced them all during my first trip to Canada.

Persons: — Organizations: Service, Québec Locations: Canada, Niagara Falls , Toronto, Montréal, Québec City, Québec, Niagara Falls, Europe, New York City, Canada's, Ontario

☆ How ‘Deepfake Elon Musk’ Became the Internet’s Biggest Scammer
▼ + stars: | 2024-08-14 | by ( Stuart A. Thompson | ) www.nytimes.com time to read: +13 min

How ‘Deepfake Elon Musk’ Became the Internet’s Biggest Scammer An A.I.-powered version of Mr. Musk has appeared in thousands of inauthentic ads, contributing to billions in fraud. Mr. Beauchamp, an 82-year-old retiree, saw a video late last year of Mr. Musk endorsing a radical investment opportunity that promised rapid returns. “I mean, the picture of him — it was him,” Mr. Beauchamp said about the video he saw of Mr. Musk. Original A.I. Audio Original Original A.I.

Persons: ‘ Deepfake Elon, Musk, Steve Beauchamp, Elon, Beauchamp, —, ” Mr, ‘ Pick, ’ that’s, “ It’s, ”, Francesco Cavalli, Scammers, Thorold Barker, Sensity, Warren Buffett, Jeff Bezos, “ Elon, Donald J, Trump, Elon Musk, Andrew Forrest, scammers, Lou Steinberg, Cavalli, Eastern Europe — cobble, “ There’s, Molly White, Finn Brunton, Davis, “ I’m Organizations: A.I, Deloitte, Wall, Street, Amazon, India, Facebook, YouTube, Better Business Bureau, CNET, Meta, Hong Kong’s Securities, Futures Commission, Federal Trade Commission, Federal Bureau of Investigations, TED, Fox News, Eastern Europe —, Tesla, University of California, CNN, New York Times, Magna, The New York Times, Better Locations: Sensity, India, Russia, China, Eastern Europe, Ontario, Canada

☆ These cities will be too hot for the Olympics by 2050
▼ + stars: | 2024-08-11 | by ( Lou Robinson | Angela Dewan | ) edition.cnn.com time to read: +8 min

The only certainty about Summer Olympics weather is that there’s really no certainty at all. In other words, holding the Summer Games in these cities would be a huge health risk for the athletes. The Games held in 1996 in Atlanta simply wouldn’t be possible in 2050. They may not againSome of the cities that have already hosted the Summer Games will be way beyond safe temperatures by 2050. Beijing, which hosted in 2008, would be much too hot and humid, with heat stress forecast to soar past 90 degrees.

Persons: CarbonPlan, Spain’s, Oriana Chegwidden, ”, It’s, —, exertional, Yuri Hosokawa, Exertional heatstroke, they’re, ” Hosokawa, Hosokawa, “ Organizations: CNN, Olympics, Brisbane, Doha, Southern, Waseda University Locations: CarbonPlan, Gulf of Mexico, Florida, Texas, Atlanta, China, Beijing, Shanghai, Hong Kong, Southeast Asia, Sydney, di Janeiro, Europe —, London, Oslo, Stockholm, Palermo, Sicily, Spain’s Seville, Los Angeles, Australian, Queensland, Brisbane, India, Ahmedabad, Indonesia, Nusantara, Qatar, Turkey, Istanbul, Poland, Chile, Warsaw, Santiago, Doha, Athens, Rome, Tokyo, Seoul, Barcelona, Australia, Rio de Janeiro, Sapporo, Japan

☆ In photos: Petra Basnakova’s journey with the Palestinian Bedouin
▼ + stars: | 2024-08-06 | by ( Yahya Salem | ) edition.cnn.com time to read: +8 min

CNN —Slovakian photographer Petra Basnakova made a series of remarkable and personally transformative discoveries during her three-year-long journey among Palestinian Bedouin families. Petra BasnakovaIn the foreground, the Bedouin community of Jabar Al-Bab; behind it, the Israeli settlement of Ma'ale Adumim. In her book, Basnakova reminisces over a serene Ramadan night when Nadia, a Bedouin matron and a prominent figure in Basnakova’s journey, thanked her for being a bridge of empathy between Palestinian Bedouin and the rest of the world. And by everything, I mean they have hope that one day they will be finally free.”Nawal is part of the Rashayda Bedouin community near Jericho. Petra Basnakova

Persons: Petra Basnakova, ” Basnakova, “ I’ve, “, ”, Nabi Musa, Petra Basnakova Basnakova, —, Basnakova, Besnakova, Nadia, Petra, Ma'ale Adumim, lazing, Nawal, Nawal's, Al, Petra Basnakova Issa Mohammad Jamal Organizations: CNN, United Nations, West Bank, ” Locations: Slovakian, Sand, Jerusalem, Europe, Nabi, Petra, Negev, Gaza, Israel, Jericho, Jabar Al, Ma'ale, Palestine, Palestinian, Jabal Al, Jabal

☆ Harris goes on offensive on immigration, comparing her record with Trump’s
▼ + stars: | 2024-07-30 | by ( Priscilla Alvarez | Piper Hudspethblackburn | ) edition.cnn.com time to read: +3 min

CNN —Vice President Kamala Harris went on the offensive on immigration at her rally in Atlanta Tuesday, attempting to counter former President Donald Trump’s attacks on the issue. It paints Trump as unserious on border security and cites his decision to scuttle the bipartisan immigration deal that included some of the toughest border security measures in recent memory. The video comes on the heels of two Trump campaign ads taking direct aim at Harris’ immigration portfolio. While another shows a video of Harris dancing at an event, stating: “This is America’s border czar — and she’s failed us.”Both ads conclude by describing Harris as “failed. Biden administration officials have repeatedly maintained that Harris focused on long-term fixes, while the Department of Homeland Security remained responsible for overseeing border security.

Persons: Kamala Harris, Donald Trump’s, Trump, ” “ Donald Trump, ” Harris, “, ”, you’ve, Harris, “ Kamala Harris, Donald Trump, Joe Biden, —, she’s, Biden Organizations: CNN, “, Capitol, Trump, Border Patrol, Republican, Harris, NBC, Department of Homeland Security Locations: Atlanta, California, Georgia, Mexico, Central America, Europe

☆ 8 of the biggest stock market crashes in history — and how they changed our financial lives
▼ + stars: | 2024-07-19 | by ( Rebecca Reisner | Richard Richtmyer | ) www.businessinsider.com time to read: +20 min

While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers. Here's a summary of eight of the most notable stock market crashes in history, their causes, and their fallout. Stock market crash FAQWhat happens when a stock market crashes? Numerous things can cause a stock market to crash, including:PanicNatural or man-made disastersEconomic crisesSpeculationCan a stock market crash be prevented? Unlike a bear market, stock market corrections are often short and usually work themselves out.

Persons: It's, Terry Marsh, Here's, Stocks, Carola Frydman, J.P, Morgan, —, Blair Hull, Alan Greenspan, Marc Chandler, Marsh, weren't, Tyler Muir, Thai bhat, Paula Bronstein, Stringer, Chandler, chipmaker, WebVan.com, Muir, The, Lehman Brothers, NICHOLAS ROBERTS, homebuyers, Bear, Lehman, Fannie Mae, Freddie Mac, Dodd, Frank Wall, Europe —, Italy — Organizations: Federal Reserve System, SEC, FDIC, Haas School of Business, University of California, Federal Reserve, United Copper Company, UCC, Kellogg School of Management, Northwestern University, Federal, System, Dow Jones, Gross, Federal Deposit Insurance Corporation, Securities and Exchange Commission, Dow, Nasdaq, Chicago, Black, Bannockburn Global Forex, UCLA Anderson School of Management, Getty, Asia, International Monetary Fund, chipmaker Qualcomm, The Sarbanes, Oxley, Investors, Financial, Bear Stearns, Lehman Brothers, Nikkei, US, Asset, Frank Wall Street Reform, Consumer, Consumer Financial, Dow Jones Industrial, Center, Budget, Stock, Corrections Locations: University of California Berkeley, AFP, Iran, Bannockburn, Japan, Thai, Asia, Thailand, Malaysia, Indonesia, South Korea, COVID, China, Europe, Italy, Chevron

☆ UK's Starmer aims to overhaul EU relations as Trump specter looms
▼ + stars: | 2024-07-18 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

"We cannot let the challenges of the recent past define our relationships of the future," Starmer said in a Wednesday statement from Downing Street. It comes as the specter of a second presidency from Republican candidate Donald Trump looms heavy over Europe after an assassination attempt over the weekend buoyed support for the former president. Both Trump and his newly announced running mate JD Vance have indicated that continued support for Europe — and in particular Ukraine — are not guaranteed under a second Trump administration. The Republican presidential nominee has repeatedly lambasted the continent's lack of defense spending, and has threatened to pull out of NATO, while Vance has shown ambivalence over U.S. intervention in foreign affairs. In anticipation, European NATO members have been upping their defense spending, including a new commitment from Starmer to spend 2.5% of U.K. gross domestic product (GDP) on defense.

Persons: Keir Starmer, John Healey, George Robertson, Winston Churchill's, Starmer, Donald Trump, Trump, JD Vance, Vance Organizations: British, Defence, Downing, Labour, European Political, Republican, Europe —, NATO Locations: London, England, OXFORD, Europe, Winston, Blenheim, Oxfordshire, Ukraine

☆ France's Macron wanted to leave his mark on Europe — he may have just ruined his legacy
▼ + stars: | 2024-07-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

He's credited with creating the European Political Community, bringing leaders from across 50 states in the region to discuss shared challenges and to coordinate joint responses. For now, Macron has rejected his current Prime Minister Gabriel Attal's resignation and on Monday asked him to stay in the post "to ensure the country's stability." Subran stressed that it was vital that Macron was aligned with the future prime minister. It hasn't paid off, and France's uncertain political outlook will likely perturb France's European partners, one French political scientist told CNBC. French President Emmanuel Macron reviews troops that will take part in the Bastille Day parade, July 2, 2024 in Paris, France.

Persons: Emmanuel Macron, Sebastien Salom, Emmanuel Macron's, Macron, —, Tina Fordham, it'll, Fordham, Francois Hollande, Angela Merkel, He's, Germany —, Volodymyr Zelenskyy, Hollande, Gabriel Attal's, Ludovic Subran, Subran, Donald, Trump, — we're, CNBC's Charlotte Reed, it's, Macron's, hasn't, Philippe Marlière, France isn't, Aurelien Organizations: Afp, Getty Images, Fordham Global Foresight, CNBC, NATO, European Union, Socialist, Political, Russia, Ukrainian, Reuters, NFP, Monday, Allianz, U.S, Republican, NurPhoto, EU, University College London Locations: gomis, Europe, France, Washington, Ukraine, Germany, Kyiv, Paris, China, Brussels, Strasbourg, Russia

☆ Opinion | The Abyss Stares Back at Joe Biden
▼ + stars: | 2024-07-09 | by ( Bret Stephens | ) www.nytimes.com time to read: +1 min

The Huey Long-like character of Willie Stark in Robert Penn Warren’s “All the King’s Men” comes to mind, as does the figure of Brutus in Shakespeare’s “Julius Caesar.”And so, increasingly, does President Biden. The man elected to banish his self-deluded, deceptive, disrespected and destructive predecessor increasingly embodies those vices himself. “Saying hello to one Democratic megadonor and family friend at the White House recently, the president stared blankly and nodded his head,” Olivia Nuzzi reported last week for New York magazine. The president repeated the words his wife had fed him.”There’s plenty more like this, including in The Wall Street Journal and The Times. “A former senior European official answered the same question by saying flatly, ‘No.’”

Persons: It’s, Huey Long, Willie Stark, Robert Penn Warren’s, ”, Brutus, Shakespeare’s “ Julius Caesar, Biden, blankly, ” Olivia Nuzzi, “, Vladimir V, Putin, ” —, Europe — “, ‘ Organizations: Democratic, White House, New York, Street, The Times, Times Locations: Russia, U.S, Europe

☆ Opinion: A landmark NATO summit in Washington. But in Ukraine, there’s little cause for celebration
▼ + stars: | 2024-07-08 | by ( Opinion Michael Bociurkiw | ) edition.cnn.com time to read: +8 min

Odesa CNN —As Washington prepares to welcome world leaders for a landmark summit commemorating 75 years of NATO, some 5,000 miles away I was having a heart wrenching dinner conversation. Michael Bociurkiw Chrystia Chudczak“My dreams have been shattered,” a Ukrainian friend, Inna Ivanova, told me at a restaurant tucked away in an obscure corner of Odesa. The question on everyone’s lipsLooming over the summit will be the question of Ukraine’s desperately sought NATO membership. Meanwhile in WashingtonThe forecasted record heat won’t be the only thing making NATO leaders in Washington break into a sweat. Given the high stakes for Ukraine, people here will be watching developments in Washington closely.

Persons: Michael Bociurkiw, Odesa, Michael Bociurkiw Chrystia, ”, Inna Ivanova, Inna, Vladimir Putin, Ukraine’s, Ukraine Ivanna, Tsintsadze, Biden, Oleksandr Gimanov, Bohdan Chomiak, What’s, I’ve, that’s, Russia wouldn’t, Kyiv should’ve, Donald Trump, —, Joe Biden’s, General Jen Stoltenberg’s, Kira Rudik Organizations: Atlantic Council, Organization for Security, Cooperation, CNN, Odesa CNN, Washington, NATO, Bucharest NATO, Ukraine, Getty, Kyiv, Twitter, Trump, Golos Party Locations: Europe, Ukrainian, Odesa, Germany, Washington , DC, Ukraine, Washington, Bucharest, Georgia, Moscow, Brussels, Lviv, Russian, AFP, Kyiv, Russia, Ukraine’s

☆ While much of Europe embraces hard-right parties, the UK has swung wildly to the left. Here’s why
▼ + stars: | 2024-07-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Francois Lo Presti | Afp | Getty ImagesLONDON — A somewhat strange and ironic political shift has gripped Europe over the last few years. "There's an anti-incumbency mood again in Europe," Dan Stevens, professor of politics at Exeter University, told CNBC. Shared concernsThe U.K. is not alone in looking for a political change of scenery. A similar shift has been observed in much of western and eastern Europe in recent years, with hard-right populist and nationalist parties upsetting and unseating the old political establishment. Political analysts point out that, although far-right political parties in France, Germany and Italy made gains in the recent European Parliament elections, they also did not perform quite as well as expected.

Persons: Jordan Bardella, Francois Lo Presti, Dan Stevens, Stevens, Christopher Granville, leaderships, they've, Granville, Sofia Vasilopoulou Organizations: Union, Afp, Getty, Labour Party, Conservative Party, Europe —, Exeter University, CNBC, Conservative, Party for Freedom, EMEA, TS Lombard, King's College London Locations: France, Henin, Beaumont, Europe, euroskeptic, Ukraine, Italy, Netherlands, Germany

☆ I booked the cheapest accommodation on an overnight train in Europe. I'll never do it again.
▼ + stars: | 2024-07-03 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

I spent 12 hours in a regular seat on an overnight train from Berlin, Germany, to Vienna, Austria. AdvertisementIn October 2022, I spent 12 hours traveling in a sleeping carriage on an overnight train from Berlin, Germany, to Vienna, Austria. But this was my first time on a sleeper train in Europe — and my first time in an accommodation shared with other guests. I thought an overnight train would be the best way to travel through Europe and maximize my time exploring during the day. And at $40, it was the cheapest overnight train ride I've ever booked.

Persons: I've, —, I'd Organizations: Amtrak, Service Locations: Berlin, Germany, Vienna, Austria, Europe

☆ A key to Biden’s lagging wind energy goal will set sail after the election
▼ + stars: | 2024-06-30 | by ( Brian Cheung | ) www.cnbc.com time to read: +2 min

The United States is producing less than 1% of the wind power it wants to generate by 2030. And as Eric Hines, the director of Tufts University's offshore wind energy graduate program, puts it, "We're going to need somewhere on the order of five of these installation vessels in just a few years." The Biden administration wants the U.S. to generate 30,000 megawatts from wind power within the next five and a half years. As of last year, that figure stood at just 42 megawatts, putting the nation far behind Europe — which added 18,300 megawatts of new wind energy capacity in 2023 alone, according to WindEurope. ("There are no known links between large whale deaths and ongoing offshore wind activities," the National Oceanic and Atmospheric Administration has said.)

Persons: it's, Eric Hines, Biden, Donald Trump Organizations: White, Tufts, Republican, Oceanic, Atmospheric Administration, Dominion Energy Locations: States, U.S, New Jersey, Brownsville , Texas

☆ With Macron and Biden Vulnerable, So Is Europe
▼ + stars: | 2024-06-29 | by ( Roger Cohen | ) www.nytimes.com time to read: +1 min

This month, President Biden, flanked by President Emmanuel Macron of France, stood on the Normandy bluffs to commemorate the young men who clambered ashore 80 years ago into a hail of Nazi gunfire because “they knew beyond any doubt there are things worth fighting and dying for.”Among those things, Mr. Biden said, were freedom, democracy, America and the world, “then, now and always.” It was a moving moment as Mr. Macron spoke of the “bond of blood” between France and America, but just a few weeks later, the ability of either leader to hold the line in defense of their values appears more fragile. The United States and France — pillars of the NATO alliance, of the defense of Ukraine’s freedom against Russia and of the postwar construction of a united Europe — face nationalist forces that could undo those international commitments and pitch the world into uncharted territory. A wobbly, wavering debate performance by Mr. Biden, in which he struggled to counter the dishonest bluster of former President Donald J. Trump, has spread panic among Democrats and raised doubts about whether he should even be on the ticket for the Nov. 5 election.

Persons: Biden, Emmanuel Macron, “, Macron, Mr, Donald J, Trump Organizations: NATO, Russia Locations: France, Normandy, America, United States, Europe

The debate between Donald J. Trump and President Biden had analysts in Asia fretting. During Thursday night’s debate, President Biden told former President Donald J. Trump that the United States is the “envy of the world.”After watching their performance, many of America’s friends might beg to differ. In Europe and Asia, the back-and-forth between the blustering Mr. Trump and the faltering Mr. Biden set analysts fretting — and not just about who might win the election in November. Image Mr. Biden leaving the debate stage. Kasit Piromya, Thailand’s foreign minister from 2008 to 2011 and a former ambassador to the United States, lamented the state of American politics.

Persons: Donald J, Trump, Biden, ”, fretting —, ” Simon Canning, ” Sergey Radchenko, Vladimir Putin, Xi Jinping, “, Putin, “ I’ve, Mr, Kenny Holston, François Heisbourg, Trump’s, “ I’m, Heisbourg, Radoslaw Sikorski, Marcus Aurelius, Commodus, Sikorski, Joe Biden’s, Donald Trump, Joe Biden, Daniela Schwarzer, Bogdan Butkevych, “ Trump, Chan Heng Chee, Ms, Chan, Lee Byong, ’ ”, Koichi Nakano, Haiyun Jiang, Narendra Modi, Tara Kartha, —, Shen Dingli, don’t, Kasit, Damien Cave, Lee Wee, Choe Sang, Vivian Wang, Camille Elemia, Mujib Mashal, Ségolène Le Stradic, Marc Santora Organizations: Johns Hopkins School, International Studies, —, Mr, Russia, New York Times, Trump, Bertelsmann Foundation, Washington , D.C, Credit, Kremlin, Kyiv Independent, Biden unnerves, Institute for Far Eastern, Kyungnam University, Sophia University, The New York Times, Washington, National Security Council of, ”, Weibo Locations: Asia, Australian, United States, Europe, Australia, Washington, Russia, China, North Korea, Ukraine, Lebanon, Iran, Israel, Japan, South Korea, Gaza, Jerusalem, France, Washington ,, American, Ukrainian, North, Seoul, “, United, Tokyo, The New York Times India, National Security Council of India, New Delhi, Beijing, India, Communist, Shanghai, U.S, Southeast Asia

In the biggest shock (by the FIFA world rankings) of Euro 2024 so far, Georgia defeated Portugal 2-0 to secure a place in the knockout stages in what is their major tournament debut. Georgia reached Euro 2024 — their first-ever appearance at a major tournament — after beating Greece in a playoff penalty shootout at the end of March. They had actually finished fourth in their Euro qualifying group, ahead of only Cyprus, but reached the playoffs via the Nations League route topping Group C4. Frustration was understandable, but it consumed him for the rest of the game — right until he was substituted midway through the second half, still without a goal in three appearances at Euro 2024. Going into tonight’s game, he had conceded four goals at Euro 2024 — but that was from 20 shots on target.

Persons: Roberto Martinez, Kvaratskhelia, Georges Mikautadze, Cristiano Ronaldo, —, , Willy Sagnol, ”, Steve Clarke’s, tamely, Giorgi Mamardashvili —, Sagnol, “, Tom Burrows, Ronaldo, Goncalo Ramos, Oliver Kay, Germain, Mikautadze, Diogo Costa, Joao Palhinha, Luis de la Fuente, De la, Antonio Silva, Silva, Pedro Neto, Martinez, Joao Felix, Felix, Francisco Conceicao, Conceicao, Neto, Jay Harris, Giorgi Mamardashvili, Diogo Dalot, Chris Brunskill Organizations: FIFA, Spain, Sunday, Georgia, Greece, Nations League, Athletic, ”, Scotland, Valencia, Ajax, Portugal, Paris Saint, Albania, Wolverhampton Wanderers, Barcelona, Europa League for Locomotive Tbilisi Locations: Georgia, Portugal, Slovenia, Frankfurt, France, Belgium, Turkey, Cologne, Cyprus, Germany, Czech Republic, Romania, Europe, Metz, Paris, Napoli

☆ IPO market is coming back in Europe — but not in tech, UBS says
▼ + stars: | 2024-06-26 | 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 EmailIPO market is coming back in Europe — but not in tech, UBS saysAthena Theodorou, head of software EMEA at UBS, discusses the outlook for M&A and IPOs in the U.S. and Europe.

Persons: Athena Theodorou Organizations: UBS Locations: Europe, U.S

And what everyone sort of expected to happen seems to be roughly what’s happening, which is that the populist right has consolidated a lot of support. So that’s sort of three-dimensional chess of one sort. That gets at the definition of populism, right? michelle cottleYeah, so but that kind of then lends itself to a backlash when you feel like things aren’t going right. carlos lozadaWell, I mean —ross douthatI think that’s all sincere.

Persons: lydia polgreen Ross, carlos lozada, lydia polgreen, michelle cottle, carlos lozada That’s, lydia polgreen That’s, Lydia Polgreen, michelle cottle I’m Michelle Cottle, ross douthat I’m Ross Douthat, carlos lozada I’m Carlos Lozada, We’ve, Ross, michelle cottle Woo, — ross douthat, lydia polgreen —, I’m, ross, — michelle cottle, ross douthat —, ross douthat, Emmanuel Macron, Macron, Silvio Berlusconi, Giorgia, Meloni, Brexit, It’s, populists, ”, Lozada, it’s, don’t, we’ll, that’s, we’ve, JD Vance, He’s, — carlos lozada, polgreen, Trumpist, who’s, Vance, we’re, Trump, — michelle cottle Woo, carlos lozada —, —, decries, — ross, won’t, carlos lozada Well, carlos lozada Don’t, Don’t, it’s — michelle cottle, I’ve, Trumpism, Donald Trump, michelle cottle Huey Long, Carlos, William Jennings Bryan, Michelle, Huey Long, George Wallace, Ross Perot, Pat Buchanan, Bernie Sanders, you’ve, Charles Coughlin, Richard Nixon, Ronald Reagan, Biden, unquote, nobody’s, he’s, JD Vance don’t, Robert Penn, Warren, Long, lydia polgreen Wow, ross douthat — Carlos Lozada, George Packer, lydia polgreen Go, carlos lozada Oh, that’s — carlos lozada —, lydia polgreen We’ll, carlos lozada It’s, lydia polgreen It’s Organizations: “ New York, Trump, Tories, National Health Service, Republican, Social Security, Republican Party, Chamber of Commerce, “ Times, Aspen Ideas, Nebraska Democrat, Tea Party, Occupy, Belt, Star Locations: “, Europe, France, United States, Italy, United Kingdom, South, British, Ohio, Middletown , Ohio, America, Sun Valley, Middletown, Louisiana, Alabama, China, Connecticut, Belt America, Florida , Texas, California, American, Texas, Mexico, Arizona

☆ Goldman Sachs refreshed its conviction lists of global stocks — giving one 63% upside
▼ + stars: | 2024-06-20 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Goldman Sachs refreshed its lists of top global stock picks for June by adding some and removing others. The stocks are captured in the investment bank's "Conviction List - Directors' Cut" and seeks to offer investors a "curated and active" list of 15 to 25 buy-rated stocks. The stocks are selected by a group designated by the bank's Investment Review Committee for each region. Here are three of the latest additions to Goldman's directors' cut lists — for Asia-Pacific and Europe — that were given more than 40% upside potential in the next 12 months. Goldman has a target price of 685 New Taiwan dollars ($21.16) on the stock, implying 54.1% potential upside.

Persons: Goldman Sachs, Goldman, Chao Wang, Oil Goldman, Nikhil Bhandari, Phillips, Daniela Costa, CNBC's Michael Bloom Organizations: bank's Investment, EMC, Taiwan Stock Exchange, SmartETFs Asia, New, Oil, Project, bbl, PTT Public Company, Stock Exchange of, Nasdaq, Philips, Euronext Locations: Asia, Pacific, Europe, New Taiwan, Thailand's, Stock Exchange of Thailand, Dutch, Euronext Amsterdam

India's stock market has been topsy-turvy in the past week. WealthMills Securities' equity market strategist Kranthi Bathini says "India's stock markets need stable policy continuity going forward." "The Union Budget has consistently increased allocations for infrastructure development. Strong digital economy and startup ecosystem Another longer-term theme on Sengupta's radar is the digital economy and startup ecosystem. Riding the consumer wave Aside from sectors poised for growth, WealthMills Securities' Bathini suggests looking out for names set to benefit from the strong consumer.

Persons: turvy, Narendra Modi's, Modi, Dhruba Jyoti Sengupta, Kranthi Bathini, Sengupta —, Sengupta, Bathini Organizations: Narendra Modi's Bharatiya Janata Party, BJP, Lok Sabha, Wrise, CNBC Pro, BSE, Bombay Stock Exchange, WealthMills Securities, Budget, Hindustan, Indian Railway Catering, Tourism Corporation, Indian, Construction, Titagarh, Systems, India, Canara Bank, Bajaj Finance, Securities, Hindustan Aeronautics, Tata Motors, Reliance Industries Locations: Lok, Asia, East, Europe, India, uptrend

☆ The super-rich are moving cash to one city, wealth manager says, revealing how they're investing
▼ + stars: | 2024-06-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

"A lot of wealth, especially from ultra-high-net-worth individuals, is moving to Dubai," Dhruba Jyoti Sengupta, CEO of Wrise Private Middle East, told CNBC Pro on May 31. Sengupta — whose firm serves ultra-high-net-worth and high-net-worth individuals across Asia, the Middle East and Europe — said he regularly receives inquiries from individuals about investing in Dubai. The consultancy firm, which tracks private wealth and global investment migration trends, ranked it as the 21st wealthiest city in the world. "In fact, the super-wealthy do a lot of diversification and invest in different geographies and assets using Dubai as a gateway." Portfolio allocation Sengupta also revealed how individuals with around $10 million to invest typically allocate funds: $3 million (30%) in wealth accumulation.

Persons: Dhruba Jyoti Sengupta, Sengupta —, Europe —, Sengupta Organizations: Wrise, CNBC Pro, United Arab, Henley & Partners, Citibank Locations: India, South Korea, Dubai, Asia, East, Europe, Indonesia, United Arab Emirates, Africa

☆ A Show That Makes Young Japanese Pine for the ‘Inappropriate’ 1980s
▼ + stars: | 2024-05-29 | by ( Motoko Rich | Kiuko Notoya | ) www.nytimes.com time to read: +1 min

The younger generation in Japan has frequently called out their elders for their casual sexism, excessive work expectations and unwillingness to give up power. But a surprise television hit has people talking about whether the oldsters might have gotten a few things right, especially as some in Japan — like their counterparts in the United States and Europe — question the heightened sensitivities associated with “wokeness.”The show, “Extremely Inappropriate!,” features a foul-talking, crotchety physical education teacher and widowed father who boards a public bus in 1986 Japan and finds himself whisked to 2024. He leaves an era when it was perfectly acceptable to spank students with baseball bats, smoke on public transit and treat women like second-class citizens. Landing in the present, he discovers a country transformed by cellphones, social media and a workplace environment where managers obsessively monitor employees for signs of harassment.

Persons: “ Locations: Japan, United States, Europe

☆ EU AI act: Meta, Amazon execs say Europe’s new AI law could harm innovation
▼ + stars: | 2024-05-24 | by ( Tom Foster | ) edition.cnn.com time to read: +3 min

The first-of-its-kind law is poised to reshape how firms and other organizations in Europe use AI for everything from health care decisions to policing. For Meta’s (META) AI chief, Yann LeCun, “the big question” about the new law is “should research and development in AI be regulated?”“There are clauses in the EU AI act and various other places that do regulate research and development. I don’t think it’s a good idea,” he told CNN’s Anna Stewart at the Paris event. LeCun, widely known as one of the “godfathers of AI,” disagrees with concerns that AI could soon surpass human intelligence. “We need to make sure that innovation continues to happen and that the innovation doesn’t just come outside Europe.

Persons: Yann LeCun, ”, CNN’s Anna Stewart, “, Werner Vogels, Stewart, Vogels, “ Let’s Organizations: London CNN, Meta, CNN, EU, overregulating Locations: Paris, Europe, EU, underinvesting

☆ The West can't completely isolate Russian banks because it would be disastrous beyond Russia
▼ + stars: | 2024-05-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

There's one major thing the West could, but won't, do: kill all Russian banks' access to the Society for Worldwide Interbank Financial Telecommunications, or SWIFT. 'Russia's economy is in deep, deep trouble'Despite the West's frustration with how Russia's economy still appears to be holding up, the sanctions appear to be finally working. "In five years, you're going see a really disastrous slowdown in the Russian economy," said Portes, who called for stronger sanctions enforcement. AdvertisementIn April 2022, Russia's central bank governor Elvira Nabiullina warned Russia's reserves can't last forever. "A significant problem is that they are running out of foreign exchange reserves, and you can't create foreign reserves," Portes added.

Persons: —, hasn't, SWIFT, Alex Capri, Richard Portes, Portes, Alexander Kolyandr, Elvira Nabiullina, Russia's Organizations: Service, West, Society, Worldwide Interbank Financial Telecommunications, Business, SWIFT, European Union, National University of Singapore, US Customs Service, London Business School, Carnegie Endowment, International Peace, Central Bank of Locations: Russia, Ukraine, Moscow, Russian, SWIFT, Capri, Asia Pacific, Europe, India, China, Central Bank of Russia, Russia's

☆ Ukraine can still beat Russia. It just comes down to enough Western aid.
▼ + stars: | 2024-05-18 | by ( Michael Peck | ) www.businessinsider.com time to read: +9 min

With 14 to 21 well-equipped brigades, Ukraine could eject Russian forces from all Ukrainian territory, according to an American expert. One is Ukraine amassing a sufficiently powerful ground combat force that can defeat the estimated 500,000 Russian troops in Ukraine. With Russian forces solidly dug in behind minefields and fortifications across eastern and southern Ukraine, that Baltic scenario bears similarities to the situation that Ukraine faces today. Given sufficient quantities of munitions, Ukraine could inflict enough losses to decisively attrit Russian forces that have already sustained an estimated 500,000 casualties. He started with a 2023 Estonian Ministry of Defense plan that laid out a roadmap for Ukraine to defeat Russia.

Persons: one's, Michael Bohnert, Bohnert, isn't, Chasiv, — Bohnert, they've, Andrei Belousov, Putin, Michael Peck Organizations: Service, Business, RAND Corp, RAND, US Army, NATO, Russian, Anadolu, Getty, Estonian Ministry of Defense, Atlantic, Storm, Bohnert, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, American, Russia, Russian, Baltic States, United States, U.S, Chasiv Yar, Estonian, Iraq, Afghanistan, Europe, America, China, Israel, Forbes

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