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☆ Ukraine approves 'historic' war tax hike to help cover defense spending
▼ + stars: | 2024-10-10 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

The new law will raise war tax from 1.5% to 5% for residents. It comes as Ukraine seeks to bolster its finances amid its ongoing war with Russia. AdvertisementUkraine's parliament approved a war tax increase on Thursday. The new law will raise a military tax on residents from 1.5% to 5% and see corporate tax on banks' profits climb to 50% for the year. In a post on X, Zelenskyy said the trio had focused on "Euro-Atlantic integration and the military reinforcement of Ukraine."

Persons: —, Yaroslav Zhelezniak, Volodymyr Zelenskyy, Yuriy Dzhygyr, Zelenskyy, Keir Starmer, Mark Rutte Organizations: Service, Verkhovna Rada's, Reuters, Russia, Defence Forces, Russian Federation, Ukraine, of, British, NATO Locations: Ukraine, Russia, Ukrainian, Ukraine's, London

☆ NATO's new chief will have to confront threats outside the alliance — and within
▼ + stars: | 2024-10-01 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Mark Rutte, incoming secretary general of the North Atlantic Treaty Organization (NATO), during a transition ceremony at the NATO headquarters in Brussels, Belgium, on Tuesday, Oct. 1, 2024. Mark Rutte, the affable and meticulous former Dutch premier, has a daunting task ahead to keep the defense alliance a global force. "As Secretary General, I will work on three main priorities," Rutte said as he took over the reins from Jens Stoltenberg during a handover ceremony in Brussels. "The first is to keep NATO strong and to ensure our defenses remain effective and credible against all threats. U.S. President Donald Trump (L) speaks with Jens Stoltenberg, Secretary General of NATO as they attend the NATO summit at the Grove Hotel on December 4, 2019 in Watford, England.

Persons: Mark Rutte, Rutte, he's, —, Donald Trump, Jens Stoltenberg, Vladimir Putin, Armida van Rij, Kamala Harris, I'm, She's, Dan Kitwood Organizations: Atlantic Treaty Organization, NATO, Bloomberg, Getty, U.S, Ukraine, European Union, Kremlin, Chatham House, Royal United Services Institute, Republican, Trump Locations: Brussels, Belgium, Netherlands, Russia, Ukraine, China, North Korea, Iran, NATO, Moscow, Grove, Watford, England

☆ NATO's new chief is inheriting messy wars and a possible second Trump presidency. It's not going to be easy, security analysts say.
▼ + stars: | 2024-10-01 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +10 min

And then, with the US presidential elections now less than five weeks away, there is the prospect of a second Donald Trump presidency. AdvertisementMark Rutte earned the nickname "Trump whisperer" after placating the former president on US commitments to NATO. According to Prakash, Rutte is "coming into the role from a certain outlook, and that outlook is essentially saying: 'We need to stand with America.'" NATO's deputy secretary-general, Mircea Geoană, told Euronews in July that China, as a direct enabler of Russia's war in Ukraine, threatened the alliance's security. AdvertisementShifting NATO away from Russia and toward other threats is going to be "perhaps the greatest challenge facing Mark Rutte," Prakash said.

Persons: Mark Rutte, Jens Stoltenberg, —, Abishur Prakash, Prakash, Stoltenberg, John Hardie, Donald Trump, Rutte, Hardie, Volodymyr Zelenskyy, Mitch McConnell, Chuck Schumer, Scott Applewhite, ATACMS, Josep Borrell, Joe Biden, Ramiz Dallah, Israel ramped, Israel, Benjamin Friedman, Keir Giles, Trump, Brandon Bell, Giles, Friedman, Kamala Harris, Harris, Chip Somodevilla, NATO's, Mircea Geoană, Euronews Organizations: Service, NATO, Inc, Russia, Foundation for Defense of Democracies, Trump, AP, Pentagon, Russian, Republicans, Hamas, Getty, Defense, Chatham House's, NATO's, Europe NATO, Ukraine Defense Contact, Assistance, Training, Kyiv, Dutch, NRC, America Locations: Ukraine, escalations, Russia, Netherlands, Gaza, Toronto, Denmark, Sweden, Czech Republic, Finland, Israel, Lebanon, Anadolu, Europe, Chatham House's Russia, Eurasia, Savannah , Georgia, South China, Philippines, China

☆ Tonight's vice presidential debate matters a lot more this time around
▼ + stars: | 2024-10-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, what you need to know about tonight's vice presidential debate , and why it's worth paying attention to. The big storyUp for debateDrew Hallowell/Getty Images; Andrew Harnik/Getty Images; Brandon Bell/Getty Images; Rebecca Zisser/BIOhio Sen. JD Vance and Minnesota Gov. ET for an uncharacteristically important vice presidential debate , write Business Insider's Brent D. Griffiths and John L. Dorman. Thanks to a hot streak at Miu Miu, Prada has done what few luxury retailers have been able to do this year: grow. In short, it doesn't get trendier than Miu Miu — and trendy is good for business.

Persons: —, Drew Hallowell, Andrew Harnik, Brandon Bell, Rebecca Zisser, JD Vance, Tim Walz, Insider's Brent D, Griffiths, John L, Dorman, Donald Trump, Kamala Harris aren't, Vance, Walz, hasn't, Brent, Trump's, There's, Harris, Joe Biden's, Matt Stroshane, Tyler Le, Blackstone, Getty, Justin Sullivan, Nvidia's, Jensen, Mira Murati, Natalie Ammari, That's, Miu Miu, Prada, Jimmy Carter, Mark Rutte, Jens Stoltenberg, Claudia Sheinbaum, Elliott Hill, Mike Johnson, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Microsoft, Getty, Ohio Sen, Minnesota Gov, CBS, Netflix, Republican, UBS, Venture, Murati, Consulting, Nike, NYSE Locations: Minnesota, Silicon, New York, London

☆ NATO chief says alliance has undergone its biggest transformation in a generation but military power has its limits
▼ + stars: | 2024-09-20 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe head of NATO said the alliance has undergone its biggest transformation in a generation, but warned that military power has its limits. Stoltenberg said that since he took on the role in 2014, NATO has been described as "divided, "obsolete," and "braindead," but the reality is that the military alliance is "strong," "united," and "more important than ever." "We have, over these 10 years, undergone their biggest transformation in a generation," he said. However, Stoltenberg also stressed that "military power has its limits," citing NATO's military intervention in Afghanistan after 9/11.

Persons: —, Jens Stoltenberg, Stoltenberg, Mark Rutte, " Stoltenberg Organizations: Service, NATO, German Marshall Fund, Business, UN, International Security Assistance Force, Taliban, Dutch Locations: Brussels, Ukraine, Russia, Afghanistan, Al Qaeda, Resolute, Gaza, Europe, North America

☆ The new phase of the US-China tech war risks a whole lot of collateral damage
▼ + stars: | 2024-07-18 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Although the company doesn't sell its high-tech lithography machines to China, it does sell a whole lot of other products to Chinese companies. ReutersIt's unclear then if Biden's planned measures would cause more damage to China or ASML. Of course, this is the main piece of ASML tech that Washington wouldn't want China to have access to. Curbing China's access to Western tech is key if the US is serious about holding onto its technology leadership.

Persons: —, Biden, ASML, Biden's, Xi Jinping, Mark Rutte, Wang Gang, Donald Trump, Trump, JD Vance, It'll Organizations: Service, Bloomberg, Business, Reuters, Washington, Huawei, Nvidia Locations: US, China, Tokyo, Eindhoven, The Netherlands, Dutch, Beijing, Taiwan, America, TSMC, Arizona

☆ Biden awards NATO Secretary General Jens Stoltenberg with Presidential Medal of Freedom
▼ + stars: | 2024-07-09 | by ( Donald Judd | Michael Williams | ) edition.cnn.com time to read: +3 min

Washington CNN —President Joe Biden awarded the United States’ highest civilian honor to NATO Secretary General Jens Stoltenberg in remarks marking the alliance’s 75th anniversary Tuesday evening, gifting the Norwegian diplomat with the Presidential Medal of Freedom in a surprise ceremony kicking off this week’s NATO summit. Last year, Biden asked Stoltenberg to extend his tenure as NATO secretary general an additional year, citing Russia’s ongoing war in Ukraine. Former Dutch Prime Minister Mark Rutte was formally selected as the next NATO secretary general in late June and will begin the job on October 1. When the Russian war in Ukraine began, you didn’t hesitate,” Biden told Stoltenberg Tuesday. During his own remarks earlier in the event, Stoltenberg urged members of the alliance to continue their support for Ukraine.

Persons: Joe Biden, Jens Stoltenberg, – he’s, ” Biden, Biden, Stoltenberg, Mark Rutte, “, North America –, Barack Obama, ” Stoltenberg, ”, CNN’s Mitchell McCluskey Organizations: Washington CNN, United States ’, NATO, Dutch, “, Ukraine, Russia Locations: Norwegian, Ukraine, Europe, North America, “ Ukraine, Russia

Diplomats and officials who spoke with CNN said Rutte is seen as a staunch trans-Atlanticist and a consensus builder. “He is really a seasoned political official, and this is essential to keep the cohesion of the alliance,” a European official said. “It was just a very polite, slightly humorous way of dealing Trump, and Trump appreciated it,” Hoekstra recalled to CNN. “We are not there yet, but it is better than when Trump left,” the official told CNN. Biden likes Rutte personally, they get along well, and the US president sees them as sharing the same values, the official told CNN.

Persons: Donald Trump, Trump, Mark Rutte, Jens Stoltenberg, Rutte, ”, “ Trump, Pete Hoekstra, ” Hoekstra, ‘ Touche, ’ ”, “, ” Rutte, Stoltenberg, Joe Biden, Biden, “ Rutte, Putin Organizations: CNN, NATO, Dutch, Diplomats, Trump, Kyiv – Locations: Washington, NATO, Russia, Netherlands, European, Europe, Ukraine, China, US, ”

Mark Rutte rode off into the sunset on his bicycle last week, making a carefully choreographed exit from Dutch politics, which he has dominated as prime minister for nearly 14 years. Mr. Rutte, known as a flexible pragmatist, will bring his experience at conciliation to the 32-nation military alliance when he takes over as secretary general from Jens Stoltenberg on Oct. 1. Beyond that challenge, NATO faces a Russian government forging stronger ties with China and Iran, even as Beijing tries to dominate Asia and Tehran expands its nuclear program. Leading member states like France and Germany are dealing with the empowerment of far-right parties with clear sympathies for Moscow. And there are new demands to spend more money on the military.

Persons: Mark Rutte, Rutte, Jens Stoltenberg Organizations: NATO, Soviet Union, Ukraine, Russia’s Locations: Europe, Washington, China, Iran, Beijing, Asia, Tehran, France, Germany, Moscow, Hungary, Turkey

☆ Meet NATO's next chief, the 'Trump whisperer' and fierce critic of Vladimir Putin
▼ + stars: | 2024-06-30 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNATO has selected outgoing Dutch Prime Minister Mark Rutte as its next Secretary-General. Rutte, a fierce critic of Russian President Vladimir Putin, will take over from Jens Stoltenberg on October 1, ending the latter's decadelong run at the helm of the alliance. Ukrainian president Volodymyr Zelenskyy and Dutch Prime Minister Mark Rutte.

Persons: —, Mark Rutte, Rutte, Vladimir Putin, Jens Stoltenberg, Philippe Dickinson, Dickinson, Trump, Rachel Rizzo, he's, Volodymyr Zelenskyy, Michael O'Hanlon, Putin Organizations: Service, Dutch, Business, Transatlantic Security, Strategy, Security, Alliance, Trump, NATO, Atlantic Council's, Getty, Brookings Institution, Malaysia Airlines Flight Locations: Netherlands, Ukraine, Gaza, Russia, China, Dutch

☆ Mark Rutte Moves From Leading Netherlands to Heading NATO
▼ + stars: | 2024-06-26 | by ( Steven Erlanger | ) www.nytimes.com time to read: +1 min

Mark Rutte, the long-serving Dutch prime minister, was formally named the new secretary-general of NATO on Wednesday, putting an experienced, strongly pro-Ukraine leader with a reputation for conciliation at the head of the alliance. The decision, sealed by NATO ambassadors during a meeting at the 32-nation alliance’s headquarters in Brussels, removes a potentially contentious issue from the alliance’s 75th anniversary summit meeting next month in Washington. President Biden and his NATO counterparts will formally welcome Mr. Rutte to their table at a summit, which begins on July 9. Long a favorite of Mr. Biden for the post, Mr. Rutte served as the Dutch prime minister four times, for nearly 14 years, building complicated coalitions through debate and compromise. Those skills should serve him well in an alliance that works by consensus, where one country can block the intentions of the rest.

Persons: Mark Rutte, Rutte, Jens Stoltenberg, Donald J, Trump, Biden, Long, Mr Organizations: NATO, Ukraine Locations: Ukraine, Brussels, Washington

☆ Mark Rutte: Dutch PM to become next NATO secretary-general
▼ + stars: | 2024-06-26 | by ( Stephanie Halasz | ) edition.cnn.com time to read: 1 min

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☆ Dutch PM Mark Rutte set to be next NATO secretary-general after rival withdraws from race
▼ + stars: | 2024-06-20 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

Netherland's Prime Minister Mark Rutte arrives to attend the European Political Community summit at the Palacio de Congreso in Granada, southern Spain on October 5, 2023. Romanian President Klaus Iohannis on Thursday rescinded his bid for the leadership of the NATO military alliance and threw his support behind the favorite contender for the post, Dutch Prime Minister Mark Rutte. The move effectively clears the path for outgoing Dutch PM Rutte to assume the top position of the 32-member U.S.-led NATO military coalition, when incumbent Secretary-General Jens Stoltenberg finishes his mandate on Oct. 1 after 10 years in the job. Iohannis, 65, is ending his second five-year round at the helm of Romania, which will hold national elections in September. Two weeks ago, Budapest conceded not to block the NATO alliance's deepening military support for Ukraine, in exchange for nonparticipation.

Persons: Mark Rutte, Klaus Iohannis, Iohannis, Rutte, Jens Stoltenberg Organizations: Netherland's, Palacio, Congreso, NATO, Dutch, Supreme, of National Defense, CNBC, U.S, Ukraine Locations: Granada, Spain, Romanian, Romania's, Ukraine, Iohannis, Romania, Rutte, Hungary, Russia, Budapest

☆ Mark Rutte, next NATO secretary general, after Romania drops long-held objection
▼ + stars: | 2024-06-20 | by ( Luke Mcgee | ) edition.cnn.com time to read: +3 min

CNN —Mark Rutte, the outgoing prime minister of the Netherlands, is now set to become the next NATO secretary general. Rutte will inherit a NATO that is racing to bolster its own security while also supporting Ukraine’s defense against Russia’s invasion. Over time its position has evolved from not sending any tanks to allowing Ukraine to strike inside Russian territory with NATO weapons. Rutte must also oversee NATO’s radical upgrade in defense and security capabilities. NATO allies are aware that Trump has historically criticized NATO allies for not spending enough money on their own security and relying on America.

Persons: Mark Rutte, Klaus Iohannis, Iohannis, Jens Stoltenberg, Rutte, Donald Trump, Trump, Vladimir Putin Organizations: CNN, NATO, Kyiv Locations: Netherlands, Romania, Romanian, Moscow, Ukraine, Sochi, Crimea, United States, America, Sweden, Finland

☆ Opinion: Putin’s North Korea visit comes at a crucial moment
▼ + stars: | 2024-06-18 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +7 min

She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and senior columnist for World Politics Review. CNN —When Russian President Vladimir Putin arrives in North Korea on Tuesday, it will kick up yet another gust in the recent swirl of diplomatic activity surrounding Russia’s all-out war against Ukraine. The allies have good reason to believe Putin aims to outlast Western support. South Korean intelligence estimates that North Korea has delivered as many as 5 million artillery rounds, along with ballistic missiles and other ammunition. Putin, meanwhile, will visit one-party ruled Vietnam later this week, not exactly a military powerhouse, but at least one country that is not backing Ukraine.

Persons: Frida Ghitis, Read, Vladimir Putin, Moscow –, Ukraine’s, –, Putin, Donald Trump, Putin’s, Putin –, Trump, wouldn’t, he’d, Ursula von der Leyen, Olaf Scholz, Mark Rutte, ”, Volodomyr Zelensky, Hitler, Joe Biden, Biden, Zelensky Organizations: CNN, Washington Post, Politics, Ukraine, Frida Ghitis CNN, North, Kyiv, White, European, Dutch, Peace, Biden, Trump acolytes, Republican, Zelensky, NATO Locations: North Korea, Pyongyang, Moscow, Kyiv, Ukraine, Putin’s Russia, Iran, Russia, China, Europe, Cuba, Russian, Normandy, Western, Italy’s Puglia, Switzerland, Korea, Germany, Ukrainian, Puglia, “, Washington, Vietnam

☆ Former Intelligence Chief Tapped as Next Dutch Prime Minister
▼ + stars: | 2024-05-29 | by ( Claire Moses | ) www.nytimes.com time to read: +1 min

The Netherlands will be getting a new prime minister, with the four right-wing parties that are forming a government finally naming their pick, more than six months after the elections. The parties selected a top justice official, Dick Schoof, 67, on Tuesday. They will now continue work on forming a cabinet, naming ministers and state secretaries, with the aim of finalizing a government in about four weeks. The choice of Mr. Schoof — the highest-ranking official at the Ministry of Justice and Security and a former counterterrorism chief, who has no political experience or party affiliation — reflects an attempt to govern the Netherlands differently after more than 13 years under Prime Minister Mark Rutte’s leadership. While Mr. Schoof’s name had not been widely circulated as a potential prime minister, the four parties have said they agreed to set up a government that includes political outsiders, in order to create more distance between the Parliament and the cabinet.

Persons: Dick Schoof, Schoof, Mark Rutte’s, Schoof’s Organizations: Ministry of Justice, Security Locations: Netherlands

☆ China chip industry gets $47.5 billion in new funding
▼ + stars: | 2024-05-27 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Worth $47.5 billion, the fund is being created as the US imposes sweeping restrictions on the export of American chips and chip technology in a bid to throttle Beijing’s ambitions. The latest investment vehicle is the third phase of the China Integrated Circuit Industry Investment Fund. The first phase of the fund was set up in 2014 with 138.7 billion yuan ($19.2 billion). In 2022, the country’s anti-graft watchdog launched a crackdown on the semiconductor industry, investigating some of China’s top figures in state-owned chip companies. Last year, China’s Huawei shocked industry experts by introducing a new smartphone powered by a 7-nanometer processor made by China’s Semiconductor Manufacturing International Corporation (SMIC).

Persons: Xi Jinping’s, Lu Jun, ”, Xi’s, Biden, China’s, Mark Rutte, Xi Organizations: Hong Kong CNN, Worth, China Construction Bank, China Integrated Circuit Industry Investment Fund, National Enterprise, Ministry of Industry, Information Technology, IC, US, China’s Huawei, China’s Semiconductor Manufacturing International Corporation, Huawei, Dutch Locations: Hong Kong, China, ICBC, Beijing, Netherlands, Japan, United States, ASML

☆ Opinion: Putin’s lightning assault jolts Europe awake
▼ + stars: | 2024-05-16 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +9 min

View more opinion on CNNCNN —It was a carefully choreographed show of force in Beijing Thursday as Russian President Vladimir Putin arrived for yet another meeting with his Chinese counterpart, Xi Jinping. Frida Ghitis CNNOn Wednesday, Slovakian Prime Minister Robert Fico was shot multiple times and gravely wounded in an assassination attempt. Russia’s lightning assault, according to Ukrainian President Volodymyr Zelensky, who cancelled all his foreign travel, aims to force Ukraine to stretch its defenses. Security officers move Slovak Prime Minister Robert Fico in a car after the assassination attempt in Handlova, Slovakia, on Wednesday May 15. Every day, the stark reality that what began in Ukraine will change Europe for years to come becomes more inescapable.

Persons: Frida Ghitis, Vladimir Putin, Xi Jinping, Robert Fico, Fico, Putin, —, Volodymyr Zelensky, Donald Trump, Joe Biden’s, David Cameron, “, Fico —, Radovan Stoklasa, Sergei Shoigu, Andrey Belousov, laughably, Rishi Sunak, Mark Rutte, Russia's, Alexander Ryumin, Emmanuel Macron, ”, Mikko Heiskanen, Xi Organizations: CNN, Washington Post, Politics, CNN CNN, Frida Ghitis CNN, Wednesday, Slovakian, Kyiv, British, Putin, Kremlin, Moscow, European Union, Reuters, Europe, Russia, Republicans, Russian, West, NATO, Institute for, ” Locations: Beijing, Europe, Ukraine, Kharkiv, Russia, Georgia, Soviet Republic, Moscow, Moldova, Slovak, Slovakia, “, Handlova, Iran, North Korea, China, Norway, London, British, Netherlands, ”, Germany, Berlin, Finland

☆ China’s Xi Jinping highlights Europe’s divisions ahead of expected Putin visit
▼ + stars: | 2024-05-12 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Chinese state media played up the warm diplomacy, with headlines proclaiming China’s “ironclad” bond with Serbia and “golden friendship” with Hungary. Both are sure to closely watch any summit between Xi and Russian President Vladimir Putin in China, expected to happen soon. Chinese leader Xi Jinping is welcomed at the airport in Belgrade on May 7 for his two-day state visit. Xi also marketed a shared worldview during his meeting with Orban in Hungary, which is a member of both the EU and NATO. Chinese leader Xi Jinping talks with Hungarian Prime Minister Viktor Orban in Budapest on May 9.

Persons: Xi, Peng Liyuan, Aleksandar Vucic, Viktor Orban, China’s, Vucic, Orban –, Emmanuel Macron, Ursula von der, Vladimir Putin, Orban, Hungary “, ’ ”, Philippe Le Corre, ”, Putin, Le Corre, Xi Jinping, Dimitrije Goll, Xi’s, Serbia’s Vucic, ” Vucic, Bruno Le Maire, BYD, Liu Dongshu, Vivien Cher Benko, Tamas Matura, Mark Rutte, Olaf Scholz, Matura, Von der, “ Orban, Gabor Scheiring Organizations: Hong Kong CNN, Russia, Ukraine, China, Europe …, Asia Society, Center for, Forum, Anadolu, Getty, EU, NATO, ”, Xi, Hong Kong’s City University ., Hungarian, Central, Dutch, Georgetown University Locations: Hong Kong, France, Ukraine, China, Belgrade, Budapest, Paris, Serbian, Hungarian, Serbia, Hungary, Europe, Russia, Russian, ”, Europe … Hungary, Center for China, Beijing, United States, EU, Hong, Central, Eastern Europe, Eastern, Moscow, Qatar, “ Hungary

☆ F-16s headed to Ukraine this summer will face their most dangerous battlefield ever
▼ + stars: | 2024-04-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +11 min

Ukraine is slated to receive its much-anticipated fleet of F-16 fighter jets this summer. AdvertisementThe long-awaited delivery of F-16s to Ukraine is on the horizon, and these advanced American-made fighter jets can't come soon enough for its forces. The fighter jets are expected to arrive at some point this summer, reportedly as early as June. Romanian air force F-16 fighter planes fly above the Baza 86 military air base, outside Fetesti, Romania, Monday, Nov. 13, 2023. US Air Force F-16's stand ready with bombs loaded to take off during the first daylight attack to liberate Kuwait in 1991.

Persons: —, Falcon, SAMs, Alexandru, Egypt —, John Baum, Russia —, Baum, KIRILL KUDRYAVTSEV Russia's, Tannehill, Volodymyr Zelenskyy, Mark Rutte, Peter Dejong Organizations: Service, Russia's, Rygge Air Force Base, OLE BERG, Getty, NATO, Kyiv, Israeli Air Force, AP, US Air Force, Operation, Allied Force, Yugoslavia, Air Force, Defense Technical Information, Reuters, Storm, Russia, Mitchell Institute for Aerospace Studies, US Navy, SA, Russian, AIM, INA Locations: Ukraine, Balkans, Kyiv, Romania, Norway, AFP, — Belgium, Denmark, Netherlands, Europe, Lebanon's, Israel, Yom, Romanian, Fetesti, Storm, Iraq, Pakistan, Turkey, Egypt, Afghanistan, Islamic, Kuwait, Russian, Zhukovsky, Moscow, Bekaa, East, Syria, Russia, Ukrainian, Eindhoven, Rzeszow, Jasionka, Poland, Crimean

☆ A NATO state said it could buy Patriot systems for Ukraine from countries not prepared to give them directly
▼ + stars: | 2024-04-18 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Read previewOne of Ukraine's main European allies said it could buy US-made Patriot air-defense systems from other countries to send on to Ukraine. Ukraine is searching for more Patriot systems as it runs low on air defenses to stop Russian attacks. AdvertisementThe US-made MIM-104 Patriot missile system is a ground-based, mobile surface-to-air missile battery. REUTERS/Yevhen KotenkoGermany announced over the weekend that it would give Ukraine another Patriot system. AdvertisementHe said he "struggles to understand" some allies' resistance to giving Ukraine at least one of their Patriot systems.

Persons: —, Mark Rutte, Jens Stoltenberg, Yevhen Kotenko, Volodymyr Zelenskyy, they've, Stoltenberg Organizations: Service, The, Guardian, Business, REUTERS, NATO, Patriot, Patriots Locations: Ukraine, The Netherlands, Warsaw, Poland, Russian, Kyiv, Yevhen, Yevhen Kotenko Germany

☆ CNBC Daily Open: Focus turns to key inflation data
▼ + stars: | 2024-03-28 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

Photographer: Christopher Dilts/Bloomberg via Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Xi on China tech progressChinese President Xi Jinping told Dutch Prime Minister Mark Rutte that no force can stop China's tech advance. Separately, Xi also told U.S. executives that bilateral ties can have a "brighter future" and vowed to improve the business environment. The next few days could prove crucial in diverting trade away from the port, logistics executives told CNBC, after a container ship collided into the Francis Scott Key Bridge early Tuesday.

Persons: Christopher Dilts, Topix, Xi, Xi Jinping, Mark Rutte, Janet Yellen, Yellen, Francis Scott Key, David Neuhauser Organizations: Bloomberg, Getty, CNBC, Nikkei, U.S ., CSI, Dow, Nasdaq, Dutch, Xinhua News Agency, U.S, Treasury, Francis Scott Key Bridge, Livermore Partners Locations: Chicago , Illinois, Japan, Seng, China, Beijing, U.S, Baltimore, Port of Baltimore

☆ Xi tells Dutch prime minister: No force can stop China’s tech advance
▼ + stars: | 2024-03-28 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

THE HAGUE, NETHERLANDS - MARCH 23:Dutch Prime Minister Mark Rutte meets with the President of the People's Republic of China Xi Jinping at the Catshuis March 23, 2014 in The Hague, Netherlands. (Photo by Valerie Kuypers-Pool/Getty ImagesChina's technological progress cannot be stopped, Chinese President Xi Jinping told Dutch Prime Minister Mark Rutte when they met in Beijing Wednesday for talks on areas such as the critical semiconductor industry. "The Chinese people also have legitimate development rights, and no force can stop the pace of China's scientific and technological progress," said Xi, according to Xinhua News Agency. Such EUV lithography machines are crucial for chip manufacturing and are used by companies like Taiwan's TSMC to make the smallest and most sophisticated chips. In January, the Netherlands barred ASML from exporting some of its deep ultraviolet lithography systems to China, which are used to make slightly less advanced chips.

Persons: Mark Rutte, Valerie Kuypers, Xi Jinping, Xi Organizations: Dutch, People's Republic of China Xi, Xinhua News Agency, U.S Locations: HAGUE, NETHERLANDS, People's Republic of China, The Hague, Netherlands, Beijing, China

☆ ‘No force’ can stop China’s tech progress, Xi Jinping tells Dutch PM
▼ + stars: | 2024-03-28 | by ( Laura He | ) edition.cnn.com time to read: +3 min

There was a surge in sales of ASML’s advanced chipmaking tools to China last year — ahead of the Dutch ban. In the fourth quarter of 2023, China accounted for 39% of ASML’s total revenue, according to the company. For 2023 as a whole, China’s share of ASML’s revenue was 29%, doubling from 14% in 2022. “China’s access to [these high-end chipmaking] machines is key to its commercialization of 7-nanometer logic chips,” they added. “China has been aggressively buying semiconductor equipment to build out production lines in both advanced and mature nodes,” according to Jefferies.

Persons: Xi Jinping, Mark Rutte, ASML, ” Xi, Rutte, Wang Wentao, Geoffrey van Leeuwen, ” Wang, “, ” Jefferies, Jefferies Organizations: Hong Kong CNN, Dutch, United, ”, Dutch Trade, Huawei, China’s Semiconductor Manufacturing International Corporation Locations: Hong Kong, China, Netherlands, Beijing, United States, Europe

☆ Geert Wilders abandons Dutch PM bid despite election victory
▼ + stars: | 2024-03-14 | by ( Christian Edwards | ) edition.cnn.com time to read: +3 min

CNN —Populist firebrand Geert Wilders has conceded that he will not become the next prime minister of the Netherlands because his potential coalition backers have refused to back him. “I can only become Prime Minister if ALL parties in the coalition support it. Similarly, Swedish Prime Minister Ulif Kristersson relies on the votes of the increasingly Euroskeptic, anti-immigrant Sweden Democrats. Despite admitting defeat this time, Wilders pledged to continue his push to become prime minister in the future. “Don’t forget: I will still become Prime Minister of the Netherlands.

Persons: Geert Wilders, Wilders ’, “, Wilders, ” Wilders, ”, Mark Rutte, Pieter Omtzigt, sanitaire, Jean, Marie Le Pen, Marine, Lionel Jospin, Jacques Chirac, Petteri Orpo, Sanna Marin, Ulif Kristersson, Robert Fico, “ Don’t Organizations: CNN, Democracy Party, Social Contract Party, European Union, National, Socialist, Socialists, Finns Party, Swedish, Sweden Democrats, Georgia Meloni Locations: Netherlands, Europe, Ukraine, Finland, Sweden, Georgia, Italy, Slovakia

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