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☆ He spent 7 years walking around the world. But his biggest challenge was being back home
▼ + stars: | 2024-10-01 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +12 min

Constant companionAdventurer Tom Turcich spent seven years walking around the world with his dog Savannah. When asked if he believes he would have managed to complete the journey without Savannah, Turcich says he’s not sure. I can’t imagine doing it without her, in hindsight.”Turcich has written a memoir, The World Walk, about his experiences during the incredible trip. “The World Walk was never about any record or anything like that,” he says. “I think walking around the world, if you really want to do it, it’s an incredible way to live a life.

Persons: Savannah, Tom Turcich, couldn’t, Turcich, ” Turcich, Anne Marie, Shannon, “, ”, Forrest Gump, Tom Hanks, Bonnie Snyder, he’d, Bonnie, Cleo, Snyder, she’d, I’m, Steven Newman, Karl Bushby, he’s, “ Bonnie’s, you’re, ‘, It’s, “ It’s, I’ve, haven’t, it’s Organizations: CNN, Turcich, Guinness World Records, Guinness Locations: New Jersey, Haddon Township, Savannah, Chile, Panama, Kazakhstan, Seattle, Austin , Texas, Turkey, Georgia, Tbilisi, Istanbul, Sicily, Malta, Kentucky

☆ Oil prices could be on a trajectory to $60 per barrel or below: Bob McNally
▼ + stars: | 2024-10-01 | 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 EmailOil prices could be on a trajectory to $60 per barrel or below: Bob McNallyBob McNally of Rapidan Energy Group says that Iraq and Kazakhstan not participating in collective supply management measures could lead to a collapse in oil prices if OPEC+ decides to "sweat" the producers.

Persons: Bob McNally Bob McNally Organizations: Bob McNally Bob McNally of Rapidan Energy Group Locations: Iraq, Kazakhstan

☆ An Asian airline hopes launching one of the world's longest narrowbody routes will actually be a comfort upgrade for passengers
▼ + stars: | 2024-09-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Air Astana is launching one of the world's longest narrowbody routes from Almaty to London. AdvertisementAir Astana is launching one of the world's longest narrowbody routes with the aim of increasing comfort for passengers. The Kazkhstani flag carrier announced last Wednesday that it will use an Airbus A321LR on its route from Almaty to London. Plus, Air Astana is a relatively small carrier, as it only has three widebody jets, all Boeing 767s. European budget airline Wizz Air earlier this month announced its first route utilizing the Airbus A321XLR on seven-hour flights.

Persons: —, that's, József Váradi Organizations: Air Astana, Airbus, Service, Boeing, British Airways, Wizz, Air, Kazakhstani Locations: Almaty, London, Aktau, Kazakhstan, Dallas, Fort Worth, Jeddah, Saudi Arabia

☆ Oil alliance OPEC+ zeroes in on group compliance after postponing output hike
▼ + stars: | 2024-09-27 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

The OPEC+ alliance is once more cracking down on group compliance with oil output cuts, as it presses ahead with a three-pronged plan of formal and voluntary production trims. Eight OPEC+ members, including kingpin Saudi Arabia, were due to begin returning 2.2 million barrels per day of voluntary cuts to the market starting in October. Earlier this month, they postponed this phaseout to start in December instead. OPEC+ nations are operating two other production declines: under official policy, they will produce a combined 39.725 million bpd next year. The same aforementioned eight members are separately curbing their output by another 1.7 million bpd throughout 2025, also on a voluntary basis.

Persons: Undercompliance Organizations: CNBC Locations: OPEC, Iraq, Kazakhstan, Russia, Saudi Arabia, China

☆ Why oil prices have plunged 3% today
▼ + stars: | 2024-09-26 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Saudi Arabia is committed to boosting oil output in December, the FT reported. The kingdom is resigning itself to a period a lower prices, sources told the FT.Oil markets spiraled on the news, falling as much as 4% on Thursday. AdvertisementA report that Saudi Arabia would ditch its unofficial crude price target sent crude oil prices sharply lower on Thursday. In essence, the kingdom is giving in to lower prices, FT sources said. The eastern-based faction has committed to reopening the country's oil fields in response, a move that could bring more crude output back online.

Persons: —, Brent Organizations: FT ., Service, Financial Times, West Texas Intermediate, Saudi, Bloomberg Locations: Saudi Arabia, Riyadh, Iraq, Kazakhstan, China, Libya

☆ I've been to over 50 countries, but this lesser-visited Central Asian gem was one of my favorites
▼ + stars: | 2024-09-25 | by ( Alex Schnee | ) www.businessinsider.com time to read: +1 min

My friend and I traveled to Kyrgyzstan, a Central Asian country between China and Kazakhstan. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. But as someone who's been to over 50 countries and is always up for a new adventure, I quickly booked my flight to join her.

Persons: —, Jessie, I'd, who's Organizations: Service, Business Locations: Kyrgyzstan, Central Asian, China, Kazakhstan, yurt

☆ Attack on foreign diplomats' convoy kills police officer in Pakistan
▼ + stars: | 2024-09-22 | by ( Mushtaq Yusufzai | Mushtaq Yusufzai Is A Journalist Based In Peshawar | ) www.nbcnews.com time to read: +2 min

PESHAWAR, Pakistan — A roadside bomb hit a convoy of foreign diplomats visiting northwest Pakistan on Sunday, killing a police officer in their security detail, police said. Ambassadors from Indonesia, Portugal, Kazakhstan, Bosnia and Herzegovina, Zimbabwe, Rwanda, Turkmenistan, Vietnam, Iran, Russia, and Tajikistan were among those in the convoy, police said. Police made security arrangements for the foreign ambassadors and they were immediately rescued and moved towards Pakistan's capital Islamabad, Khan said. Offering sympathies to the families of those who died, Pakistan’s foreign ministry said in a statement that “all members of the diplomatic corps have returned safely to Islamabad.”Pakistan's President Asif Ali Zardari also condemned the attack. Pakistani counter-terrorist forces maintain a strong presence in the Swat valley, which has long been a hotbed of Islamist militant insurgency.

Persons: Zahidullah Khan, Mohammad Ali Gandapur, Khan, Asif Ali Zardari, ”, Malala Yousafzai Organizations: NBC News, Police, Pakistani Locations: PESHAWAR, Pakistan, Swat, Indonesia, Portugal, Kazakhstan, Bosnia, Herzegovina, Zimbabwe, Rwanda, Turkmenistan, Vietnam, Iran, Russia, Tajikistan, Pakistan's, Islamabad, ”

☆ One of Russia's longtime allies says Putin's NATO rival is now a threat to his country
▼ + stars: | 2024-09-19 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Armenia's prime minister said Putin's NATO-style alliance, the CSTO, "creates threats" for his country. Armenia recently froze its membership in the CSTO, which was seen as a blow to Putin. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA former close ally of Russia said that President Vladimir Putin's NATO-style alliance, far from offering security guarantees, now "creates threats" for his country. Armenia recently froze its membership in the six-nation Collective Security Treaty Organization of post-Soviet states, which has been seen as Putin's answer to NATO.

Persons: Armenia's, —, Vladimir Putin's Organizations: NATO, Service, Vladimir Putin's NATO, Security, Organization, Business Locations: Armenia, Russia, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan

☆ Chinese-Owned Bitcoin Mines Are Using up America's Energy, Electricity
▼ + stars: | 2024-09-10 | by ( Taylor Dorrell | ) www.businessinsider.com time to read: +13 min

Concerns about the use of cryptocurrencies for illegal activity resulted in an effective ban on crypto mining and transactions. After a massive public outcry at the end of 2021, mining companies in Kazakhstan were effectively cut off from the grid. Today, the US makes up about 40% of the global hashrate — up from 17% during China's 2021 peak — making America the biggest hub for bitcoin mining. However, in recent years, bitcoin mining has become increasingly concentrated in the hands of a small number of private companies. Given how much energy bitcoin mining consumes, it's worth questioning whether its presence in the US is really worth the trade-off.

Persons: Xi Jinping, Zoe Liu, hasn't, pushback, haven't, Jeremy Fisher, Fisher, Gladys Anderson, Kelley Sayre, Stephanie Marsh, Marsh, Gavin Newsom, would've, Donald Trump, Trump, Satoshi Nakamoto, Saifedean Ammous, Cheyanne Diehl, wasn't, Biden, Joe Biden, Liu Pengyu, America Organizations: Council, Foreign Relations, Mining, Cambridge, Goodyear, Sierra, Environmental, New York Times, Tech, Gov, Securities and Exchange Commission, July's Bitcoin, SEC, National Bureau of Economic Research, Inc, Nasdaq, Embassy, EV, Sierra Club, City Council, Digital Locations: China, Kazakhstan, America, Utah, West Virginia, Akron , Ohio, Rockdale , Texas, Murphy , North Carolina, Massillon , Ohio, Bono , Arkansas, Vilonia , Arkansas, Akron, California, Nashville, Massillon, Ohio, Chinese, Massillon's City, In Arkansas, Wyoming, Washington, Harrison , Arkansas

☆ More countries are openly flaunting their ties with Putin. They say it's just business.
▼ + stars: | 2024-09-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussian President Vladimir Putin is having a very social year as his country continues to wage war in Ukraine. So far, Putin has met top leaders from Asian countries including China, India, Vietnam, and Indonesia. Russia is the BRICS chair this year, and Putin has invited Mongolia to join the group's summit in October. Russia's push for a multipolar world order resonates with countries who desire a more equitable international order.

Persons: —, Vladimir Putin, Putin, Sean McFate, McFate, Anwar Ibrahim, Ukhnaagiin Khürelsükh, couldn't, Russia —, Serik, Li Qiang's, Syracuse University's McFate, it's, Derek Grossman, Grossman Organizations: Service, Syracuse University Maxwell School of Citizenship, Public Affairs, Business, Malaysian, Criminal, ICC, World Bank, European Union, NATO, Bloomberg, Moscow, Central, European, EU, United Nations, RAND, Foreign Locations: Ukraine, China, India, Vietnam, Indonesia, Russia, North Korea, Iran, Mongolia, Mongolian, Russia's, European, Sri Lanka, Turkey, Kazakhstan, Central Asian, European Union, Moscow, Beijing, Europe, Syracuse, Brazil, South Africa, Malaysia, Switzerland, United States

☆ The plot to topple Putin
▼ + stars: | 2024-09-09 | by ( Paul Starobin | ) www.businessinsider.com time to read: +32 min

But it was only when Putin launched his full-scale invasion of Ukraine , in 2022, that Ammosov began to plot the overthrow of his homeland. As I found in months of wide-ranging interviews, everyone aspiring to a new Russian revolution grasps the seemingly impossible odds of their bid to topple Putin. Ponomarev — who was profiled last year in The Washington Post under the headline "Could this man bring down Putin?" Most applicants live in Russia, Sokolov tells me, but submissions have come from as far away as Uruguay. "I know a lot of good officers" in the CIA, Ponomarev told me, who "sympathize" with the anti-Putin insurgency.

Persons: Vladislav Ammosov, Ukraine —, Ammosov, wondrously, Vladimir Putin, Putin, Simona Supino, Alexey Navalny —, Ilya Ponomarev, Ponomarev —, —, Sean Guillory, Denis Sokolov, Sokolov, Galina Starovoytova, Anastasia Sergeeva, Sergeeva, Valter, Putin —, Tatiana Kosinova, Yelena Bonner, Itil, Boris Nemtsov, Nemtsov, Vladimir Lenin, specter, NurPhoto, Lenin, Leon Trotsky, Mao Zedong, Fidel Castro, Boris Akunin, Ponomarev, Trotsky, Mao, Castro, Alexei Sobchenko, Sergei Chuzavkov, Ilya Ponomarev Ponomarev, Michał Kamiński, Kosinova, Pavel Ivanovich Chichikov, Nikolai Gogol's, . Barnum, Bernie, Madoff, Donald, Leonid Nevzlin, Mikhail Khodorkovsky, Navalny, King George III, Khodorkovsky, Garry Kasparov, Putin's, Andrey Volna, Brian Fitzpatrick, Charlie Wilson's, Tom Hanks, Philip Seymour Hoffman, Daniel Fried, William Burns, Fried, Biden, We're, Evgenia, it's Organizations: Putin, Ukrainian, Russian Federation, The Washington Post, University of Pittsburgh, Civic Council, Kennan, Wilson Center, GRU, Russia, BI, International Republican Institute, CIA, Kremlin, Russian, Memorial, Soviet Union, of America, Civic, Ukraine's Ministry of Defense, Russian Volunteer Corps, European, Human Rights, Siberian Battalion, Ammosov, Ukrainian Armed Forces, Putin's Defense Ministry, True, Bolsheviks, of Russia Legion, People's Deputies, State Department, Justice Department, Polish Senate, Trump University, Trump, Khodorkovsky, FBI, Intelligence, Senate, Ukrainian Security Services, Bolshevik Locations: Siberia, Russia, Warsaw, Poland, Ukraine, Sakha, India, Putin Russia, Russian, Kyiv, The, restive North Caucasus, Washington, Soviet Union, Moscow, WhatsApp, Ukrainian, Soviet, Crimean, USSR, Europe, Uruguay, Armenia, Georgia, Kazakhstan, America, Canada, Great Britain, Germany, Australia, Belgorod, Kursk, Kremlin, China, Cuba, True Russia, Ponomarev, Northern Virginia, Polish, ., Lviv, Yukos, London, Pennsylvania, Texas, Afghanistan, Putin Russian, Tallinn, Estonia

☆ A longtime Russian ally says it's frozen its participation in Putin's NATO 'at all levels' after a year of snubs
▼ + stars: | 2024-09-02 | by ( Thibault Spirlet | Sinéad Baker | ) www.businessinsider.com time to read: +4 min

"Armenia has frozen its participation in the CSTO at all levels," he said, according to a translation by US think tank the Institute for the Study of War. AdvertisementHowever, he added that Armenia may "see the need to make another decision" in the future, per the ISW. Pashinyan announced his decision to leave the CSTO — a military alliance made up of Russia, Armenia, Kazakhstan, Belarus, Kyrgyzstan, and Tajikistan — in February. Tensions have risen between Russia and Armenia since Putin's full-scale invasion of Ukraine, which Pashinyan has repeatedly refused to support. Other CSTO members have also snubbed Russia since it launched its full-scale invasion of Ukraine in February 2022.

Persons: —, Vladimir Putin's, Nikol Pashinyan, Pashinyan, Putin, Dmitry Peskov, berate Putin, Thomas Graham Organizations: Service, Collective Security, Organization, NATO, Business, for, Tajikistan —, Kremlin, Yale Locations: Russian, Armenia, Russia, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan, Pashinyan, Ukraine, Azerbaijan, Armenia's, East

☆ Tourist is caught carving initials into 2,000-year-old home at Pompeii
▼ + stars: | 2024-08-09 | by ( Julia Buckley | ) edition.cnn.com time to read: +2 min

But memories weren’t enough for one British tourist, who was caught this week engraving the initials of himself and his family into one of the city’s 2,000-year-old houses. Pompeii was destroyed by the eruption of Vesuvius in 79CE and is now one of Italy's most popular -- and most fragile -- tourist sites. However in June, when a tourist from Kazakhstan was caught carving his initials on the House of the Ceii in the ancient city, Pompeii’s director Gabriel Zuchtriegel said that the tourist would have to pay for the restoration of the wall. A lesser charge for defacing heritage sites can impose fines between 10,000 to 40,000 euros. In 2022, an Australian tourist even rode a moped around the ancient site.

Persons: Ivan Romano, ANSA, Gabriel Zuchtriegel, Sklifas Steven, Alamy Organizations: CNN, Vestal, Staff, Torre Locations: 79CE, Kazakhstan, Torre Annuziata, Australian, Italy

☆ Olympic Medals Offer Ukraine a Brief Respite From War
▼ + stars: | 2024-08-08 | by ( Constant Méheut | ) www.nytimes.com time to read: 1 min

Yevhen Litvinov was brushing his teeth on Thursday morning when his phone started buzzing — a friend had sent him a YouTube video showing the victory of the Ukrainian boxer Oleksandr Khyzhniak at the Paris Olympics overnight. He hit play and watched Mr. Khyzhniak delivering punch after punch to his opponent, Nurbek Oralbay of Kazakhstan. As the final bell rang and Mr. Khyzhniak’s hand was raised, Mr. Litvinov said he was lifted by a surge of pride. “Pride for the nation, for our athletes,” said Mr. Litvinov, a 48-year-old resident of Kyiv. Since the beginning of the year, Russian troops have steadily gained ground in Ukraine, dampening the public mood.

Persons: Yevhen Litvinov, Oleksandr Khyzhniak, Nurbek, Khyzhniak’s, Litvinov, ”, “ It’s Organizations: Paris Olympics Locations: Ukrainian, Kazakhstan, Kyiv, Ukraine

☆ Breaking is making its Olympics debut in Paris. Just don’t call it breakdancing
▼ + stars: | 2024-08-06 | by ( Faith Karimi | ) edition.cnn.com time to read: +11 min

It might seem more like an artform than a sport, but breakdancing — known professionally as breaking — is making its Olympics debut this month in Paris. The Olympics adopted the same name to honor its culture and history and preserve its authenticity, Nifontov said. As breaking makes its Olympics debut, Cooper said a part of him fears it will lose some of the cultural qualities that make it a unique artform. Breaking events are scored on five factorsLike gymnastics or figure skating, breaking competitions are scored by a panel of judges. She eventually left her job at a global cosmetics company to focus on breaking and lives in New York City, where she trains.

Persons: breakdancing, Victor Montalvo, Victor, who’s, Michael Jordan, “, ” Montalvo, ”, Sergey Nifontov, James Brown, Richard Laird, Nifontov, Richard M, Cooper, ” Cooper, we’re, Brown, ” Nifontov, Robert Deutsch, Zack Slusser, Montalvo, Logan Edra, Yves Herman, it’s, …, Sunny Choi, Andrew Kelly, Jeffrey Louis, Jeffro, Louis, ” Louis, I’ll, ” Choi, I’ve, ” CNN’s Gonzalo Alvarado Organizations: CNN, CNN En Espanol, New York City, DanceSport Federation, New York City's, American Studies, Widener University, Olympics, USOC Media Summit, Paris, USA, Sports, Reuters, International Olympic, Olympic, USA’s, Team USA, University of Pennsylvania Locations: Paris, New York, China, France, Japan, Netherlands, South Korea, Ukraine, Kazakhstan, United States, New, Chester , Pennsylvania, Africa, Hollywood, Argentina, Leuven, Belgium, Mexico, New York City, Florida

☆ Road tripping through Russia: American woman shares challenges of solo trip from Georgia to Mongolia
▼ + stars: | 2024-08-05 | by ( Essay Breanna Wilson | ) edition.cnn.com time to read: +13 min

And I’d be doing it solo, an American female, in a vintage Land Cruiser that was anything but inconspicuous. Planning a 7,000-kilometer road tripRussian visa in hand, it was time to start route planning, make my final vehicle preparations, and pack. With a car my size, bearing Georgian plates, driven by an American who doesn’t speak any Russian, I was increasingly nervous. An American girl, traveling alone, saying she’s moving to Mongolia, driving a car with Georgian plates. I had a summer of overlanding and adventuring across Mongolia, and a new life in Ulaanbaatar, to get underway.

Persons: Breanna Wilson, Andrey Orekhov, Evan Gershkovich, Russia – Organizations: Mongolia CNN, Cruiser, US State Department, Google, Astana, Russia, Toyota Top Motors Locations: Ulaanbaatar, Mongolia, Tbilisi , Georgia, Azerbaijan, Kazakhstan, Russia, Ukraine, American, Russian, Tbilisi, Tbllisi, Georgia, Georgian, Kazbegi, Chechnya, Dagestan, Mariupol, Donetsk, Baku, Alat, Europe, Japan, Kuryk, Altai, Bayan, Ölgii, Astana, Semey, Soviet Union, Russia's, Siberia, –, Tsagaannuur, Mongolia’s, @breannajwilson

Mr. Pommel Horse has had quite the week. Stephen Nedoroscik, dubbed "Pommel Horse Guy" by the internet, became an Olympic bronze medalist Monday, then a meme. He won bronze on the pommel horse, performing a more difficult routine than in the team final and scoring a 15.300. In the team final, Nedoroscik faced a grueling 2½-hour wait on the sidelines before he could perform his one routine, but the circumstances could not have been more cinematic. The internet was quick to dub him “the pommel horse guy," and likened him to Super Man's alter ego, Clark Kent.

Persons: Stephen Nedoroscik, Rhys McClenaghan, Ireland’s, Nariman, Nedoroscik, ”, “, Clark Kent, NBC’s Organizations: Paris Games, Olympic, Team USA Locations: Kazakhstan, “

☆ Stephen Nedoroscik’s legend grows with Olympic bronze on pommel horse
▼ + stars: | 2024-08-03 | by ( Dana O'Neil | ) www.nytimes.com time to read: +2 min

Nedoroscik sat in the agonizing bronze-medal position with one more competitor to go in the pommel horse final, unable to do anything but sit and watch. The set up was an about face from Nedoroscik’s hero-making turn during the men’s team final. Then the pommel horse specialist waited the entire meet before performing his routine, the last man up on any apparatus. Stephen Nedoroscik finishes his pommel horse routine in the final and the crowd goes WILD! Ireland’s Rhys McClenaghan, the gold medalist, is a two-time World Champion and Max Whitlock of Great Britain has won the last two Olympic golds on pommel horse.

Persons: PARIS, Stephen Nedoroscik, Nedoroscik, Hur Woong, Rhys McClenaghan, Nurmiman Kurbanov Organizations: U.S

☆ Here's how much athletes at the Paris Olympics earn for winning medals
▼ + stars: | 2024-07-31 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

Olympic and Paralympic medals are shown during the unveiling of the Paris 2024 Olympic and Paralympic Games Medals on February 1, 2024 in Paris, France. Pascal Le Segretain | Getty Images Sport | Getty ImagesThe Paris 2024 Olympics is well underway, with dozens of medals already handed out. Vivian Kong won Hong Kong's first medal at the Paris Games, topping the podium in the women's epee individual event. Vaughn Ridley | Getty Images Sport | Getty ImagesOther governments dangling six-figure cash rewards for their gold medalists include Israel, Malaysia, Kazakhstan and Indonesia. Gold medalists receive 20,000 euros ($22,000).

Persons: Pascal Le Segretain, Hong, Administration Chan Kwok, ki, Vivian Kong, Hong Kong's, Cheung Ka, Siobhan Bernadette Haughey, Joseph, Michael Phelps, Vaughn Ridley, Man Wai Vivian Kong Organizations: Paris, Paralympic, Getty, International Olympic, CNBC, Olympic, Hong Kong, Tokyo, Administration, HK, Paris Games, Singapore, United, Rio, Tokyo Games, Germany's Sports Aid Foundation, Indian Olympic Association, Team Hong Kong, Olympic Games, Grand Palais Locations: Paris, France, Hong Kong, Singapore, United States, Israel, Malaysia, Kazakhstan, Indonesia, Grand

☆ Paris Olympics: Who Leads the Medal Count?
▼ + stars: | 2024-07-29 | by ( Josh Katz | ) www.nytimes.com time to read: +2 min

U.S. France Japan China Britain Australia S. Korea Italy Canada Kazakhstan S. Africa Brazil Sweden Germany Belgium Hong Kong Moldova Azerbaijan Romania Uzbekistan Fiji Kosovo Mongolia Poland Tunisia Croatia Egypt Spain Hungary India Ireland Mexico Switzerland Slovakia Turkey Ukraine Possible rank in Olympic medal count 1st 25th or lowerParis Olympics: Who Leads the Medal Count? As of Monday at 4:07 p.m. Eastern time, Japan stood atop the official Olympic medal table, which sorts nations based on their number of gold medals. That approach is common in much of the world, with silver and bronze used only to break ties. By another measure, the United States leads because it has the most medals overall (20, at last count). (Bronze medals are always worth one point.)

Organizations: Brazil Sweden Germany Belgium Hong Kong Moldova Azerbaijan Romania Uzbekistan Fiji Kosovo Mongolia Poland Tunisia Croatia, Mexico Switzerland Slovakia Turkey Ukraine, Paris, The New York Times, Japan Locations: France Japan China Britain Australia, Korea Italy Canada Kazakhstan, Brazil Sweden Germany Belgium Hong Kong Moldova Azerbaijan Romania Uzbekistan Fiji Kosovo Mongolia Poland Tunisia, Brazil Sweden Germany Belgium Hong Kong Moldova Azerbaijan Romania Uzbekistan Fiji Kosovo Mongolia Poland Tunisia Croatia Egypt Spain Hungary India, Mexico Switzerland Slovakia Turkey, Japan, United States, U.S, France, China, Britain, Australia, Korea, Italy, Canada, Kazakhstan, Germany, That’s

☆ Avoid the 'Magnificent 7' and buy these lesser-known stocks instead, wealth manager says
▼ + stars: | 2024-07-23 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

The so-called "Magnificent Seven" were among the hottest stocks last year, but one wealth manager says they are "wildly overvalued" and has his sights elsewhere. The Magnificent Seven comprises Alphabet , Amazon , Apple , Meta Platforms , Microsoft , Nvidia and Tesla , which continue to be in the spotlight thanks to the buzz around artificial intelligence. Other global stocks Global stocks Dennison is betting on include Fresenius Medical Care , a German health-care company, and Kazatomprom, a Kazakhstan-headquartered producer of uranium. "It is a top position in many pension portfolios and has become a value stock because of the strong Swiss Franc," he said. Value stocks are often cheaper than so-called growth stocks and typically trade at a lower price than what the company's performance indicates.

Persons: Tariq Dennison, Dennison, he's, Russell, Chow, Fook, Tencent, Goldman Sachs, Kazatomprom Organizations: GFM Asset Management, CNBC Pro, Apple, Microsoft, Nvidia, Tesla, Nasdaq, Value, Avantis U.S, Abercrombie, Fitch, Cadence Bank, Commercial Metals, KB, Jackson Financial, Warrior, MTR Corp, Global, Dennison, Fresenius, London Stock Exchanges, U.S, Nestle, Six Swiss Exchange Locations: U.S, China, Hong Kong, Kazakhstan, Swiss

☆ How to Become a Player in the Global Mineral Trade
▼ + stars: | 2024-07-18 | by ( Daisuke Wakabayashi | Chang W. Lee | ) www.nytimes.com time to read: 1 min

Every year in Kazakhstan, workers pull hundreds of thousands of tons of copper from below the nation’s soil. Exporting oil and metals has been the life force of this former Soviet republic’s economy for decades. Now, as the world moves toward cleaner energy and electric vehicles, nickel and other minerals have become even more valuable, kicking off a boom. China, the country’s neighbor to the east, is well positioned to capitalize. It has invested billions upgrading Kazakhstan’s rail lines ...… and new ports and other infrastructure — visible symbols that this Central Asian country is open for business.

Locations: Kazakhstan, Soviet, China

☆ Number of millionaires to soar globally but plunge in the UK, research finds
▼ + stars: | 2024-07-10 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

LONDON — The number of global millionaires is set to keep rising over the next five years — with the U.K. a stark outlier, according to the 2024 Global Wealth Report from UBS. Gains will be led by tech powerhouse Taiwan, where the number of millionaires is set to jump 47% on the back of the booming microchip industry and a rise in immigration by wealthy foreigners. The two hubs in which the most global millionaires are based, the U.S. and mainland China, are set to see their figures rise 16% and 8% respectively. Another country where the number of dollar millionaires is forecast to decline was the Netherlands, which is estimated to see a 4% drop in such wealthy individuals. The report meanwhile sees the number of U.S. dollar millionaires in Russia growing by 21%.

Persons: Paul Donovan, Donovan Organizations: UBS, Taiwan, UBS Global Wealth Management, Russia, Labour Party, Conservative Locations: Turkey, Kazakhstan, Indonesia, Japan, U.S, China, France, Italy, London, Dubai, Singapore, Netherlands, Russia

☆ Putin hosts India’s PM to deepen ties, but Ukraine looms over their relationship
▼ + stars: | 2024-07-09 | by ( ) www.cnbc.com time to read: +6 min

Russia's President Vladimir Putin and India's Prime Minister Narendra Modi walk during their meeting at the Novo-Ogaryovo state residence near Moscow, Russia July 8, 2024. Their partnership has become more complicated, however, as Russia has moved closer to China amid international isolation of Moscow over Ukraine. Russian state media reported that they would also discuss Moscow helping India build more nuclear power plants. The two countries already are collaborating on the Kudankulam nuclear power project in the southern Indian state of Tamil Nadu. With Moscow's arms industries mostly serving the Russian military in Ukraine, India has been diversifying its defense procurements, buying more from the U.S., Israel, France and Italy.

Persons: Vladimir Putin, Narendra Modi, Putin, Modi, Volodymyr Zelenskyy, Matthew Miller, Vinay Mohan Kwatra Organizations: India's, Indian, NATO, . State Department, Shanghai Cooperation Organization, India, Russian Locations: Moscow, Russia, Washington, Ukraine, China, Kazakhstan, Beijing, Russian, Kyiv, India, New Delhi, Tamil Nadu, United States, Vladivostok, Uzbekistan, U.S, Israel, France, Italy, Chennai, East

☆ Modi's Russia visit shows India isn't worried about making the US mad
▼ + stars: | 2024-07-08 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

AdvertisementThe US has raised "some concerns" about India's relationship with Russia with New Delhi, Kurt Campbell, the US Deputy Secretary of State, said last month. However, Washington acknowledges that India's ties with Russia are different from its ties with the US. Make no mistake — the United States and its allies are more consequential for India's future than its relationship with Russia," wrote Shinde. India needs to leverage its historical ties with Russia to secure its economy and security, so Modi isn't just in Russia for a goodwill trip. India imports about $60 billion of goods a year from Russia, but Russia buys less than 10% of this amount from India, per Bloomberg.

Persons: —, Narendra Modi, Vladimir Putin —, Vinay Kwatra, Ved Shinde, Shinde, Russia isn't, Kurt Campbell, we've, Campbell, Modi, There's, Putin Organizations: Service, Indian, Russia —, Business, Bloomberg, Australia's Lowy Institute, State, Shanghai Cooperation Organisation Locations: Russia, Delhi, Moscow, India, New Delhi, Ukraine, Europe, Vietnam, Washington, China, United States, Kwatra, Kazakhstan, Pakistan

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