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☆ 'They want out': This company helps Americans experiment with expat living
▼ + stars: | 2024-07-03 | by ( Jennifer Liu | ) www.cnbc.com time to read: +8 min

She recently went on a 10-day scouting trip in Portugal with the travel group Expatsi. McGowan was part of the inaugural trip from Expatsi, a company that helps Americans move abroad through community groups and weeks-long guided scouting tours. The choose-your-own-stay model can help foster a stronger sense of community among the travel group. Expatsi hosted 30 Americans for a 10-day trip to Portugal and 12-day trip to Spain in May. She says she's still friends with some of the people she met while on the scouting trip while exploring on her own and thrift shopping — her hobby and side hustle.

Persons: Ikiah McGowan, McGowan, Joe Biden, Donald Trump, It's, Jen Barnett, Expatsi, Masha Sutherlin, she's, I've, She'd, that's, Barnett, Austin Organizations: CNBC, Google, Black Locations: Austin, Portugal, Expatsi, Spain, U.S, Malta, Guatemala, Colombia, Tiktok, Deel, Lisbon

☆ Opinion: Germany’s 16-year-olds voted for the first time in European Parliamentary elections. The far-right results were scary
▼ + stars: | 2024-06-11 | by ( Opinion Paul Hockenos | ) edition.cnn.com time to read: +7 min

What a shock then – and coming days after the 80th anniversary of D-Day - that many German first-timers threw their votes disproportionally behind the far-right Alternative for Germany (AfD) party. Paul HockenosWhat a shock then – and coming days after the 80th anniversary of D-Day — that many German first-timers threw their votes disproportionally behind the far-right Alternative for Germany (AfD) party. A full 95% of German AfD voters said Germany should limit the flow of foreigners and refugees into Germany. Not exactly the credentials of a party you would think would appeal to the next generation of German voters. But they must vent this pique constructively, as the extreme right has no answers to these problems (which, oddly, I’ve heard hard right voters say they recognize.)

Persons: Paul Hockenos, ”, Read, “ We’ll, Paul Hockenos Hayyan, —, Maximilian Krah, weren’t, Adam Berry, doesn’t, “, it’s, I’ve Organizations: Berlin CNN, European Union, verve, Greens, Parliamentary, Christian Democratic Union, Christian Social Union, CDU, CSU, SS, Democracy, Nazi, BBC Locations: Berlin, Europe, New Berlin, Austria, Belgium, Malta, Greece, Germany, Hamburg, Deutschland, Portugal, Italy, Sweden, Netherlands, France

☆ European voters head to the polls on final day of EU election
▼ + stars: | 2024-06-09 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

This photograph shows European countries' flags waving in front of the European Parliament building in Strasbourg, eastern France, on June 6, 2024. Over 400 million people are eligible to vote for the 720 members of the European Parliament (MEPs). Voter turnout was just above 50% in the last EU election of 2019, according to official data. This includes Dutch nationalist Geert Wilders' anti-immigration party, which recorded significant gains in Thursday's Netherland's EU election, according to the latest exit polls. The European Parliament

Persons: SEBASTIEN BOZON, Sebastien Bozon, Geert Wilders, Wilders Organizations: Getty, Afp, Union, EU, Parliament, Thursday's Netherland's EU, Labour, Green, Party for Freedom Locations: Strasbourg, France, AFP, Austria, Belgium, Germany, Malta, Greece, Europe, Thursday's Netherland's, Netherlands, Czech Republic, Latvia, Slovakia, Ireland

☆ Gareth Southgate eyes defining moment ahead of possible last dance at Euro 2024 with England
▼ + stars: | 2024-05-14 | by ( Amanda Davies | Aleks Klosok | ) edition.cnn.com time to read: +9 min

It’s ultimately where you’re judged and these are the opportunities to make history,” Southgate told CNN Sport’s Amanda Davies. Clive Rose/Getty ImagesAnd then one heart-breaking step closer – a penalty shootout loss to Italy in the final of Euro 2020. Laurence Griffiths/Getty ImagesWhen asked whether it was indeed the best chance, Southgate replied: “It’s the next chance, so we’ll only know afterwards whether it was the best chance. Lee Smith/Action Images/ReutersIndeed, Southgate is no stranger at having to navigate the hostile dynamic that has often existed between the England team and the British media. “When you’re on the cusp on a tournament like this then every hour you’re thinking about the team, nothing else.

Persons: Gareth Southgate, He’s, It’s, you’re, ” Southgate, Amanda Davies, “, we’ll, Southgate, Luka, Clive Rose, ”, you’ve, Jadon Sancho, Laurence Griffiths, Trent Alexander, Arnold, Jude Bellingham, Phil Foden, Harry Kane, We’ve, they’re, Lee Smith, effacing Southgate, “ Don’t, hadn’t, Nick Potts, ‘, Sam Allardyce’s, “ I’ve, I’ve, I’m, There’s Organizations: CNN, England, Malta, Germany, England’s Football Association, Lions, Manchester United, Southgate, English, Middlesbrough Locations: Germany, Luka Modrić, Croatia, Italy, Russia, England, France, ” England, Southgate, British, “

☆ Eurovision is back, but will Baby Lasagne or Nemo triumph? Your complete guide
▼ + stars: | 2024-05-10 | by ( Rob Picheta | ) edition.cnn.com time to read: +11 min

“People are like ‘OK, Sweden is the spiritual home of Eurovision’ – I see Eurovision as this moving entity,” she tells CNN. “The whole product, ABBA, is a vibe, isn’t it?”ABBA sing "Waterloo" at Eurovision 50 years ago. But ABBA are the past; Baby Lasagne, Windows95Man and Nemo – a person, not a fish – are very much the present. This year’s slim favorite is Baby Lasagne, whose arena-pounding anthem “Rim Tim Tagi Dim” describes a brain drain affecting Croatian towns. He credits his fiancée with helping him launch his career – “She’s the lasagne, and I’m just the baby,” he tells CNN.

Persons: Paul Anka, Abba –, Loreen, –, “, Loreen –, they’ve, ” Loreen, Olle Lindeborg, Lasagne, Nemo, Sarah Bonnici, aga, you’d, Music ”, Dominic Lipinski, Marcus, Martinus, ”, – “, I’m, Switzerland’s Nemo, ” Nemo, ” Joost Klein's, Jens Büttner, Joost Klein, Teemu Keisteri, he’s, Windows95Man, it’s, Belgium’s Mustii, Bonnie Tyler’s, Sanjin, Marina Satti, Hera Bjork, ” Saba, Slimane, who’s, ” Poland’s Luna, Jeff Spicer, ” we’re, Luna “, doesn’t, we’re, ” Portugal’s, … “, Alyona Alyona, Jerry Heil, Jens Bittner, ” Joost Klein, bro, airdropped, Angelina, Greta Thunberg, Eden Golan, audibly, they’ll, oddballs gunning Organizations: CNN, Waterloo, Malmo, Eurovision, Getty, Pulitzer, aga … aaa, aaa, United, Music, MAG, San, ” “ Hurricanes, Israel, European Broadcasting Union Locations: Sweden, AFP, Malmo, Europe, Armenia, wail, Gaza, Israel

☆ Here's what 12 European Central Bank members said about interest rates this week
▼ + stars: | 2024-04-19 | by ( Jenni Reid | ) www.cnbc.com time to read: +7 min

The ECB opted to hold rates steady in April and next meets to vote on monetary policy on June 6. Christine Lagarde, president of the ECBThe ECB's figurehead delivered a firm message that reflected her statements in recent press conferences: markets should expect an interest rate cut soon, barring major surprises. watch nowGabriel Makhlouf, governor of the Central Bank of IrelandMakhlouf said the most recent data sets had shifted his view on rates. "We don't follow the Fed... and now the ECB will be the central bank to be followed," Šimkus said. One could have cut rates way back in March or even April," he continued, adding that he hoped a majority of Governing Council members would back a June cut.

Persons: Kirill Kudryavtsev, Christine Lagarde, Lagarde, CNBC's Sara Eisen, Galhau, Villeroy, Karen Tso, Joachim Nagel, Germany's, Nagel, Robert Holzmann, Mario Centeno, Centeno, Gabriel Makhlouf, Central Bank of Ireland Makhlouf, we've, Makhlouf, Pierre Wunsch, Wunsch, Boris Vujčić, Jerome Powell, Vujčić, Gediminas Šimkus, Bank of Lithuania Šimkus, Šimkus, Edward Scicluna, Central Bank of Malta Scicluna, Kazāks, Bank of Latvia Kazāks, Olli Rehn, Rehn Organizations: Afp, Getty, International, European Central Bank, CNBC, ECB, Bank of France, Council, Austrian Central Bank One, Bank of Portugal, Central Bank of Ireland, National Bank of, Croatian National Bank, Federal, U.S, Bank of Lithuania, Central Bank of, Governing, Bank of Locations: Frankfurt, Germany, New York, ECB's, National Bank of Belgium, U.S, Europe, Central Bank of Malta, Bank of Latvia, Bank of Finland

☆ Opinion: Trump might have dozed off in court. Here’s how that could come back to bite him
▼ + stars: | 2024-04-18 | by ( Opinion Elliot Williams | ) edition.cnn.com time to read: +7 min

Still, the question remains: Can Trump consistently stay awake through the long slog of a criminal trial? Still, it was a striking image that simulcast three individuals in one: a criminal defendant; one of the most powerful people on the planet; and a napping old man. Not everyone is so lucky when those around them fall asleep in court. A defendant whose liberty is on the line would be well advised to find out a way to stay awake. (Some judges might frown upon a defendant chewing gum in court, but sleep specialists have identified plenty of other ways to stay awake, some of them courthouse-friendly.)

Persons: Elliot Williams, Donald Trump, Trump, Maggie Haberman, Thursday’s, Pope Benedict XVI, Silvio Berlusconi dozed, George W, Ruth Bader Ginsburg, snoozing, “, it’s, ” Organizations: CNN, Justice Department, Twitter, Trump, The New York Times, “, Italian, Bush Presidential, Supreme, Union Locations: Raben, Manhattan, United States, Malta

☆ June is 'most probable' for first interest rate cut, ECB's Scicluna says
▼ + stars: | 2024-04-18 | 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 EmailJune is 'most probable' for first interest rate cut, ECB's Scicluna saysEdward Scicluna, governor of the Central Bank of Malta and ECB policymaker, discusses the prospect of a rate cut at the central bank's next meeting.

Persons: ECB's Scicluna, Edward Scicluna Organizations: Central Bank of Malta, ECB policymaker

☆ Live Updates: Iran State-Run Media Reports Explosions
▼ + stars: | 2024-04-18 | by ( Farnaz Fassihi | Patrick Kingsley | ) www.nytimes.com time to read: +5 min

The next year, Palestine was granted the lesser status of observer at the United Nations, a level shared by the Holy See. With the war raging in Gaza, the Palestinian Authority asked the United Nations to take up its bid a second time. The Vatican has also recognized Palestinian statehood. But as the death toll has climbed in Gaza, the push for Palestinian statehood has intensified. But some have in recent months suggested that they might recognize a Palestinian state sooner.

Persons: Mahmoud Abbas, Timothy A, Clary, Riyad Mansour, ”, Israel —, Lynsey Addario, Benjamin Netanyahu, Israel, Biden, David Cameron, Emmanuel Macron, Macron, “ Organizations: West Bank, . Security, Palestinian, Security, United Nations, United Nations Palestine, UNESCO, Observers, General, International Court of Justice, Organization for, Chemical Weapons, General Assembly, Agence France, Palestinian Authority, Union, The New York Times Locations: Hebron, West, United, Israel, Gaza, Palestinian, Palestine, United States, Russia, China, Ramallah, Canada, France, Britain, Spain, Ireland, Malta, Slovenia

☆ Rich Americans who want a backup plan are getting second passports. These are the countries they're choosing.
▼ + stars: | 2024-04-10 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

As a backup plan, they've begun acquiring second passports. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Not everyone has the means to prepare an exit plan, but the wealthy Americans who do, are. They've started acquiring second passports to other countries through so-called golden visa programs, which allow wannabe residents to establish residency through investment. Here are some of the top countries they're eyeing if they need to make a break for it.

Persons: they've, —, They've Organizations: Service Locations: America, Portugal, Malta, Greece, Italy, New Zealand, States

☆ The rich are getting second passports, citing risk of instability
▼ + stars: | 2024-04-10 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Wealthy U.S. families are increasingly applying for second citizenships and national residences as a way to hedge their financial risk, according to a leading law firm. The wealthy are building these "passport portfolios" — collections of second, and even third or fourth, citizenships — in case they need to flee their home country. "The U.S. is still a great country, it's still an amazing passport," said Dominic Volek, group head of private clients at Henley & Partners. Instead, many wealthy Americans are shopping around for an added visa or citizenship program to supplement their U.S. passport. According to Henley, the top destinations for supplemental passports among Americans are Portugal, Malta, Greece and Italy.

Persons: Robert Frank, citizenships, Dominic Volek, Peter Thiel, Eric Schmidt, Volek, Henley, It's Organizations: Henley & Partners, ., Henley, Malta, Visa Locations: Wealthy, New Zealand, Cyprus, Portugal, Malta, Greece, Italy, Europe, European, Germany, France, U.S

☆ EU Parliament approves major reforms to migration policy
▼ + stars: | 2024-04-10 | by ( Luke Mcgee | ) edition.cnn.com time to read: +6 min

The wide-ranging reforms are designed to ease the burden on countries that have historically taken the most asylum-seekers among the EU’s 27 member states. Roberta Metsola, President of the European Parliament, said: “We have delivered a robust legislative framework on how to deal with migration and asylum in the EU. In theory, the EU will now spread the burden across the 27 member states, either through relocation of people to other member states or through financial and practical assistance in processing refugee claims. In a number of EU countries – notably Italy, Hungary, Slovakia and Sweden – anti-immigrant Euroskeptic politicians are in power, either outright or through coalition. “And it will ultimately be up to the member states themselves to decide how these new measures are practically managed.

Persons: Roberta Metsola, Joelle Grogan, Grogan, ”, Alberto Neidhardt, Neidhardt Organizations: CNN, European, EU, European Policy, Ukraine Locations: Greece, Italy, Malta, East, North Africa, Dublin, Brussels, “, Hungary, Slovakia, Sweden, France, Germany, Ukraine, United States

☆ Germans celebrate as recreational cannabis use becomes legal
▼ + stars: | 2024-04-01 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Crowds gathered in Germany overnight to celebrate the legalization of cannabis starting from Monday. Adults can now cultivate up to three cannabis plants for private consumption. From July 1, cannabis will be available in licensed not-for-profit clubs with no more than 500 members – all of whom would have to be adults. The German government said that cannabis would remain illegal for minors and highly restricted for young adults, adding that consuming the drug near schools and playgrounds would be illegal. The move makes Germany the third country in Europe – after Malta and Luxembourg – to legalize the drug for recreational use, removing cannabis from the official list of banned substances.

Persons: Fabian Sommer, Karl Lauterbach, it’s, – Organizations: CNN Locations: Germany, Berlin, Europe –, Malta, Luxembourg, Netherlands, Australia

☆ Europe saved its bears from extinction. Now some countries want more rights to shoot them
▼ + stars: | 2024-03-29 | by ( Billy Stockwell | ) edition.cnn.com time to read: +8 min

Wild brown bear populations across Europe have bounced back from the brink of extinction, and animal conservationists are thrilled. Some countries are arguing that law lies too far in the bears’ favor at the expense of human lives. Several European Union (EU) countries who are in favor of watering down bear protections are now taking their fight to the bloc’s headquarters in Brussels. How to deal with bear attacks have been on the political agenda of some of the EU’s 27 member countries for years. But some people argue that there are more humane ways to prevent bear attacks.

Persons: CNN —, Liptovský Mikuláš, John Linnell, ”, ’, Dominika Zarzycka, ” Linnell, “ It’s, Robin Rigg, Bruno, there’s, Linnell Organizations: CNN, Authorities, European Union, EU Environment Council, Norwegian Institute for Nature Research, “, Getty, Slovak Wildlife Society, EU Locations: Slovakian, Liptovský, Slovakia, Europe, Brussels, Romania, Finland, EU’s, attractants, Germany, Italy, Hungary, Spain, Ireland, Malta, Cyprus, Japan

☆ 'The Bachelor' stars Joey Graziadei and Kelsey Anderson explain why they did couples therapy after getting engaged, despite having a 'great foundation' for their relationship
▼ + stars: | 2024-03-28 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

"The Bachelor" stars Joey Graziadei and Kelsey Anderson spoke to Business Insider about their relationship. The pair said that they've gone to couples therapy since getting engaged during the season 28 finale. Advertisement"The Bachelor" season 28 stars Kelsey Anderson and Joey Graziadei on "After the Final Rose." They wanted to start couples therapy in a good spotKelsey Anderson and Joey Graziadei on season 28 of "The Bachelor." Jan Thijs/DisneySince getting engaged, Graziadei and Anderson have continued getting to know each other on a deeper level through couples therapy.

Persons: Joey Graziadei, Kelsey Anderson, they've, Graziadei, —, Kelsey Anderson's, Anderson, We've, There's, John Fleenor, Matt James, TheWrap, Joey, Jan Thijs, wouldn't, They're Organizations: Service, Tennis, Marvel, Disney, ABC Locations: Tulum, Mexico, Malta, Paradise, New York

☆ A market mystery: Why do capers come in such tiny jars?
▼ + stars: | 2024-03-23 | by ( Allison Morrow | ) edition.cnn.com time to read: +8 min

This is a story about one of modern life’s least consequential but most acutely annoying experiences: getting a sufficient number of capers out of those dollhouse-size jars they’re sold in. Capers are expensive, so producers sell them in smaller jars to make each unit more affordable. Why such narrow jars? Skinny jars just look nicer, Mezzetta says. As one Redditor said: “I’ve never been in a situation where I don’t decide to just use the entire tiny jar for what I’m making.”

Persons: they’re, God, capers, It’s, purveyors, Goya, Russell Zwanka, ” Zwanka, “, Rebecca Wright, Jeff Mezzetta, they’re tippy, ”, Mezzetta, Zwanka, chef’s, ” Duane Stanford, Bull, Brian Noone, Redditor, “ I’ve Organizations: New, New York CNN, Western Michigan University, CNN, Beverage, Redditors Locations: New York, New York City, California, Labrador, Morocco, Tunisia, Greece, Turkey, Adelaide, South Australia, Malta

☆ Spring equinox: First day of spring arrives
▼ + stars: | 2024-03-19 | by ( Forrest Brown | ) edition.cnn.com time to read: +7 min

The spring equinox will arrive exactly at 3:06 UTC (Coordinated Universal Time) on Wednesday, March 20, according to EarthSky. Click here to look up the exact moment of the spring equinox where you’re located. Spring equinox has another nameIf you ever hear anyone say “vernal equinox,” it means the same thing. Zhang Xiaoyu/Xinhua News Agency/Getty ImagesIn Japan, Vernal Equinox Day is a public holiday (on Wednesday, March 20, this year). In China, trying to stand an egg upright is a popular game during the spring equinox, according to VisitBeijing.com.

Persons: Tuesday •, •, • Chiang Mai, David Silverman, Alex Pena, It’s, you’ve, it’s, Hugo Borges, Itzá, El Castillo, Zhang Xiaoyu, ” Organizations: CNN, Tuesday, United, Southern, Anadolu Agency, Getty, NASA, Northern Hemisphere, Northern, Southern Hemisphere, National Weather Service, Heritage, Xinhua News Agency Locations: • Anchorage, Alaska, Vegas ( Nevada, Tuesday • Guadalajara, Mexico, Chicago, Illinois, Toronto, Canada, Jacksonville, Florida, Halifax, • Dublin, Ireland, Accra, Ghana, • Berlin, Germany, • Alexandria, Egypt, • Ankara, Turkey, • Dubai, United Arab Emirates, • Mumbai, India, Thailand, • Hong Kong, • Tokyo, Japan, Stellenbosch , South Africa, Northern, South, Quito, Ecuador, Singapore, San Andrés, Zapotitán, El Salvador, Pole, Scandinavia, Itzá, Yucatan State, AFP, England, Malta, Yoyogi, Tokyo, Vernal, Persian, China

☆ Record numbers of wealthy Americans are looking for ways to live overseas
▼ + stars: | 2024-03-19 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

An investment-migration consultancy says record numbers of rich Americans are enquiring about citizenship abroad. Portugal's golden visa program is the most popular option among Americans, Henley & Partners said. AdvertisementAn investment-migration consultancy says that it is seeing record numbers of wealthy Americans looking for ways to get residence rights abroad or additional citizenships. Programs offered by Malta, Spain, Greece, and Italy are also high on American citizens' lists, Henley & Partners said. The programs allow wealthy Americans to live in the USA as their primary residence but relocate "at any point," it said in the report.

Persons: —, Mehdi Kadiri, Dominic Volek, Kadiri Organizations: Henley & Partners, Service, North America, EU Locations: North, Portugal, Malta, Spain, Greece, Italy, USA

☆ US wants to reopen embassy in Libya
▼ + stars: | 2024-03-11 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +2 min

CNN —The United States wants to reopen an embassy in Libya - a decade after suspending operations there – as Russia maintains an influential foothold in the country. A State Department official said Monday that the US is in “active negotiations for an interim facility that would provide appropriate security and staffing support” in the capital city of Tripoli. The move to reopen a US diplomatic compound in Libya comes as Moscow holds significant influence in the country. Ambassador J. Christopher Stevens and three other Americans were killed in that attack. The US continues to advise citizens not to travel to Libya “due to crime, terrorism, civil unrest, kidnapping, and armed conflict.”CNN’s Haley Britzky contributed reporting.

Persons: Michael Langley, Antony Blinken, J, Christopher Stevens, ” CNN’s Haley Britzky Organizations: CNN, Facility, State Department, Russian Federation, ”, Corps, US Africa Command, Diplomatic Security Locations: United States, Libya, Russia, Malta, Tripoli, ”, Moscow, Russian, Maghreb, Morocco, Pacific, Eastern Caribbean, Libyan, Benghazi

☆ German Lawmakers Move Closer to Legalizing Marijuana
▼ + stars: | 2024-02-23 | by ( Christopher F. Schuetze | ) www.nytimes.com time to read: 1 min

Lawmakers in Germany approved legalization of limited amounts of cannabis for recreational use on Friday, bringing the country a step closer to becoming one of the few European nations — and by far the largest — to do so. “By legalizing it, we are taking cannabis out of the taboo zone,” Karl Lauterbach, who as health minister is largely responsible for the law, said on public television before the vote. In the end, 407 lawmakers voted for the proposal, and 226 voted against the plan, which must be now approved by the Federal Council. Several other European countries, perhaps most notably the Netherlands, tolerate the use of cannabis, but legalization is rare: Within the European Union, only Malta and Luxembourg have gone that far. Medical marijuana has been legal in Germany since 2017.

Persons: ” Karl Lauterbach Organizations: Federal, European Union Locations: Germany, Netherlands, Malta, Luxembourg

☆ German parliament votes to legalize limited recreational cannabis use for adults
▼ + stars: | 2024-02-23 | by ( Nadine Schmidt | ) edition.cnn.com time to read: +2 min

CNN —Germany’s lower house of parliament voted to legalize cannabis for limited recreational use among adults on Friday, following a controversial debate about the pros and cons of allowing easier access to the drug. In total, 407 German lawmakers voted in favor of the new regulation; 226 lawmakers voted against and four lawmakers abstained from Friday’s vote. The move makes Germany the third country in Europe – after Malta and Luxembourg – to legalize the drug for recreational use, removing cannabis from the official list of banned substances. The German government said that cannabis would remain illegal for minors and highly restricted for young adults, adding that consuming the drug near schools and playgrounds would be illegal. “Nobody should misunderstand this law: cannabis consumption is being legalized, but that doesn’t mean it isn’t dangerous,” Germany’s health minister said.

Persons: –, Karl Lauterbach, ” Lauterbach, “, Tino Sorge, GMA Klaus Reinhardt Organizations: CNN, Christian Democratic Union, CDU, German Medical Associations, GMA Locations: Germany, Europe –, Malta, Luxembourg, Netherlands

WASHINGTON (AP) — The Biden administration said Monday that the government intends to provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont. The announcement is the third award of direct financial support for a semiconductor company under the 2022 CHIPS and Science Act. The law enables the government to invest more than $52 billion to revitalize the manufacturing of computer chips in the United States as well as advance research and development. “The chips that GlobalFoundries will make in these new facilities are essential,” Commerce Secretary Gina Raimondo said on a call with reporters. But Democrats have stressed their efforts to ease inflation and the long-term investments that they say will drive growth forward, such as the investments in computer chip production and infrastructure.

Persons: —, Biden, Gina Raimondo, GlobalFoundries, Chuck Schume, ” Schumer, Joe Biden’s, Schumer, ” Organizations: WASHINGTON, ”, General Motors, Associated Press, White House Locations: New York, Vermont, United States, Malta , New York, Malta, Burlington , Vermont, U.S, China, Russia

☆ U.S. Awards $1.5 Billion to Chipmaker GlobalFoundries
▼ + stars: | 2024-02-19 | by ( Ana Swanson | Don Clark | ) www.nytimes.com time to read: +1 min

The Biden administration on Monday announced a $1.5 billion award to the New York-based chipmaker GlobalFoundries, one of the first sizable grants from a government program aimed at revitalizing semiconductor manufacturing in the United States. As part of the plan to bolster GlobalFoundries, the administration will also make available another $1.6 billion in federal loans. The grants are expected to triple the company’s production capacity in the state of New York over ten years. The funding represents an effort by the Biden administration and lawmakers of both parties to try to revitalize American semiconductor manufacturing. Currently, just 12 percent of chips are made in the United States, with the bulk manufactured in Asia.

Persons: Biden, GlobalFoundries Organizations: Monday, GlobalFoundries, General Motors Locations: New York, United States, Asia, Malta, N.Y

☆ Want to try this beef snack? Join the 43-year waitlist
▼ + stars: | 2024-02-17 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Taste of JapanIn Takasago City, Japan, a brand of frozen Kobe beef croquettes is so popular that the waiting list is longer than most mortgages. Bakery chain Kimuraya is advancing that further by using AI to produce “romance bread” targeted at the nation’s love-averse youth. The Japanese island of Kyushu is where sugar was first introduced to the country by the Portuguese in the 16th century. The island retains a sweet tooth to this day and is home to Japan’s most beloved sweet treats. Try to squeeze in as many as you can on a trip to the region.

Persons: Linda Ford, they’ve Organizations: CNN, JFK, JFK Airport, Air, Manhattan, Apple, City, Henley, of Locations: Japan, Takasago City, Kobe, Kyushu, Portuguese, Turkey’s, Georgia, Rize, Tokyo, Odawara, New, Air France, Paris, France, City of, Europe, Asia, of Malta, Superior, Costa Rica

☆ King Charles’ cancer diagnosis: How much should the public be told?
▼ + stars: | 2024-02-07 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +26 min

King Charles and Queen Camilla are seen leaving Clarence House in London on February 6, the day after it was announced King Charles had been diagnosed with cancer. But Queen Elizabeth and King Charles, they do not want to become the story, they still want to serve their public. In the fullness of time, I would like to think King Charles will talk about his treatment.”Britain's King Charles III poses for a portrait in Buckingham Palace's Throne Room after his official coronation in May 2023. From left are Camilla, Duchess of Cornwall; Prince Charles; Queen Elizabeth II; Prince Philip; Prince William; and Catherine, Duchess of Cambridge. From left are Prince Charles; the Queen; Prince Louis; Catherine, the Duchess of Cambridge; and Princess Charlotte.

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