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But the president’s abject debate performance and defiance in the aftermath have badly weakened his standing in a party already unenthusiastic about his campaign. Any slip ups or confusion would rip off the fragile patch Biden has fixed on the dam of Democratic Party support. Biden needs one of his classic comebacks more than everStill, it’s too early to count Biden out. “We concluded that Joe Biden is old; we found out, and the polling came back that he’s old,” Fetterman told CNN. Many of the CBC’s members are in solid blue districts and may be under less pressure than frontline Democrats who have criticized the president’s debate performance.
Persons: Joe Biden’s, Donald Trump, Biden’s, , , Biden, Trump, Karine Jean, Pierre, , America’s, CNN’s Kayla Tausche, it’s, CNN’s Dana Bash, — Michael Bennet of Colorado, Sherrod Brown of, Jon Tester, ” Bennet, CNN’s Kaitlan Collins, “ Donald Trump, ” Sen, Angus King, King, Pennsylvania Sen, John Fetterman, Joe Biden, ” Fetterman, Chuck Schumer, Joe, Jerrold Nadler, he’d, “ I’m, He’s, I’m, ” Nadler, Marc Veasey, ” Veasey, CNN’s Manu Raju, he’s, Mikie Sherrill, Pete Aguilar, Kamala Harris, stokes, ” Harris, Harris Organizations: CNN, Democratic, Republican, party’s, NATO, Biden, Democratic Party, Russia, Republican National Convention, Trump, Montana, Pennsylvania, New York Rep, New, Democrat, Congressional Black Caucus, House Democratic Caucus, Texas, , Office, California Democrat Locations: Florida, Washington, Ukraine, Milwaukee, Sherrod Brown of Ohio, Maine, Mikie Sherrill of New Jersey, California, Las Vegas, United States
CNN —The NATO summit was long planned to celebrate the alliance’s 75th anniversary, to lock in longterm military support for Ukraine and even to future-proof the West against a possible second term for Donald Trump. But his achievements, including Sweden and Finland’s entry into the group, will be eclipsed at the summit by his battle to save his political future. She added: “At this critical time for our country, President Biden must seriously consider the best way to preserve his incredible legacy and secure it for the future.”Biden will also have an important audience overseas. “Is it going to be President Biden? On the eve of the summit, Biden’s campaign distributed a memo lauding his leadership in keeping Kyiv standing more than two years after the Russian invasion.
Persons: Donald Trump, Joe Biden’s, George H.W, Biden, Sen, Patty Murray, ” Biden, Trump, Vladimir Putin, Kurt Volker, ” Volker, CNN’s Wolf Blitzer, Volker, , Joe Biden, John Kirby, , They’ve, Adam Smith, “ We’ve, CNN’s Jake Tapper, Joe ”, Putin, “ Donald Trump, Republican nominee’s, Emmanuel Macron, Olaf Scholz, Justin Trudeau, Giorgia Meloni, Trudeau, Keir Starmer, CNN’s Alex Marquardt Organizations: CNN, NATO, Trump, Biden, United, Kyiv, Democratic, Senate, House Armed Services Committee, MSNBC, ABC News, Nordic, Republican, NATO Alliance, Canadian, Liberal Party, British Locations: Ukraine, Washington, George H.W . Bush, Sweden, Atlanta, Moscow, United States, Europe, Asia, European, Kyiv, Russian, Soviet Union, NATO, Toronto
The pictures are haunting: black-and-white prints of a snow-covered barracks and paintings bordered by wire fences and skeletal trees, grim depictions of a World War II camp in France where Jews were interned before being transported to concentration camps. The artist, Jacques Gotko, created one picture using a background of crushed eggshells glued to a wooden board; for others he used a piece of old tire as a printing block. Those were just some of the few materials available to him at the camp where he was held before being transported to Drancy, another camp in France, then Auschwitz-Birkenau, in Poland, in 1943. Most of the artifacts had been scattered around Yad Vashem’s vast campus, but they will now be housed in a new center that will allow easier access for researchers and provide the most advanced technological conditions to safeguard them for future generations. The center was recently completed and was inaugurated Monday.
Persons: Jacques Gotko, Yad Vashem Locations: France, Auschwitz, Birkenau, Poland, Jerusalem, Yad Vashem’s
The first trailer for “Gladiator II” has arrived. The sequel to Ridley Scott’s 2000 blockbuster stars Paul Mescal, who takes over for Russell Crowe. Mescal plays Lucius, son of Lucilla, played by Connie Nielsen and the late Lucius Verus. The movie is also headlined by Pedro Pascal as Marcus Acacius, a Roman general and Denzel Washington as Macrinus, a cruel, wealthy man who keeps gladiators for sport. Gladiator II | Official Trailer (2024 Movie) - Paul Mescal, Pedro Pascal, Denzel WashingtonHans Zimmer composed the soundtrack heard in the trailer and movie.
Persons: , Ridley Scott’s, Paul Mescal, Russell Crowe, Mescal, Lucius, Lucilla, Connie Nielsen, Lucius Verus, Commodus, Joaquin Phoenix, Pedro Pascal, Marcus Acacius, Denzel Washington, Gladiator, Denzel Washington Hans Zimmer Organizations: CNN Locations: Numidia, Rome
CNN has requested comment on the Justice Department announcement from the Russian Embassy in Washington, DC, the Kremlin, the FSB and RT. X voluntarily suspended the bot accounts identified in court documents, the Justice Department said. It wasn’t just the FBI that helped expose the alleged bot farm. But the outlet has looked for new ways to reach audiences, including, the Justice Department alleges, through an army of fake X accounts. The RT employee, an FSB officer and others had access to the bot farm, which included X accounts that purported to be interested in cryptocurrency, according to the Justice Department.
Persons: Tom Cruise, Long, Vladimir Putin, Putin, , Lisa Monaco Organizations: CNN, US Justice Department, Justice Department, RT, Kremlin, Microsoft, Justice, Russian Embassy, FBI, US Cyber Command, Department, Russian, The Locations: Ukraine, Russian, Russia, United States, Paris, Washington , DC, Poland, Germany, Netherlands, Spain, Israel, Arizona, cryptocurrency, Minneapolis, Lithuania
As NATO leaders gather in Washington starting Tuesday, they will celebrate the strength of their alliance on its 75th anniversary while confronting deep uncertainty about its future. In recent years, Russia’s aggression against Ukraine has given NATO, founded after World War II to defend Europe from the Soviet Union, a renewed sense of purpose. But the alliance also faces grave threats, including from right-wing skeptics who are gaining power in nations such as Germany and France. Here’s what to watch for during the three days of NATO meetings in Washington this week. Staring Down PutinPerhaps the summit’s most important goal will be sending a signal of unity and strength to Moscow.
Persons: Donald J, Trump, Down Putin Organizations: NATO, White Locations: Washington, Ukraine, Soviet Union, Germany, France, United States, Moscow
President Emmanuel Macron’s centrist Ensemble alliance came in second, preventing the far right from taking power. The stakes couldn’t have been higher, and it is hard to overstate the sense of urgency with which French voters flocked to the polls. It ought to be noted, however, that under half of centrist voters went for the left in a run-off against the far right. Many had assumed that it was a foregone conclusion that the far right would win a majority, absolute or otherwise. On all those occasions, and again last week, many held their noses and voted for the center to keep the far right in check.
Persons: Marie Le Conte, Read, , Emmanuel Macron’s, who’d, Le Pen Organizations: CNN, Front, Greens, Ensemble, National Assembly, Rassemblement, Twitter, Facebook Locations: French, Moroccan, London, British, Vichy, France
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewPoliticians who champion trade restrictions on China are in for a rude awakening, Kenneth Rogoff warns. According to the Harvard professor, barriers on free trade with the Asian powerhouse are a recipe for economic fallout. "Moreover, low-income US consumers have been among the biggest beneficiaries of low-cost Chinese imports." Just months ago, President Biden announced that tariffs would rise on $18 billion worth of Chinese advanced tech products, including solar panels, batteries, and electric vehicles.
Persons: , Kenneth Rogoff, Rogoff, Biden, Donald Trump, he's, Paul Krugman, Jamie Dimon Organizations: Service, Harvard, Project Syndicate, Business, Republican, Allies, China, Foundation Locations: China, Washington, Beijing
The Avro Arrow, also known as the CF-105, had a lot resting on its wings. To this day, 65 years later, the Avro Arrow remains one of Canada’s biggest collective regrets and still fuels public discourse, as recently unveiled documents have shed some light on exactly what happened to the doomed project. As a result, thousands of jobs were lost and Avro Canada eventually collapsed entirely. Another says Canadian intelligence analysts deliberately misconstrued information to support a decision that the government had essentially made, providing an excuse for it. “They decided they wanted a big new fancy plane, so they came up with all the operational requirements largely in isolation, without really paying attention to what the reports were saying.”By the late 1950s, he adds, the Arrow arrow was getting very expensive and quite delayed.
Persons: , Richard Mayne, ” Mayne, , Mayne, didn’t, John Diefenbaker, Alan Barnes, Barnes, Keith Beaty, Dan Aykroyd, Crawford Gordon, Arrow, John Burzynski, ” Burzynski, Burzynski Organizations: CNN, Avro, Royal Canadian Air Force, Arrows, Soviet Union, DND, ” Aircraft, , Sputnik, , CF, NASA, Ottawa’s Carleton University, Soviets, Chiefs, Staff Committee, Canadian Air and Space Museum, Toronto Star, CBC, Canadian Broadcasting Corporation, Reynolds, Springbank Airport, Canada Aviation, Space Museum, Canadian Aviation and Space Museum, Arrow Locations: Canada, Soviet, Soviet Union, North America, Avro Canada, American, United, United States, Canadian, Wetaskiwin , Alberta, Muskoka , Ontario, Calgary –, Ottawa, Lake Ontario
Shein logistics software is in beta testing with select supply chain customers, according to a person familiar with its plans. "Shein's software could provide unprecedented access to sensitive supply chain data, which the Chinese government could seize under its laws. This exposure poses a direct threat to U.S. supply chain integrity, making it vulnerable to exploitation and manipulation." Even with a headquarters based in Singapore, company supply chain data could be subject to seizure by the Chinese. Shein's fast rise to dominance Shein's dominance lies in the company's hyper-flexible supply chain, according to a recent report from supply chain intelligence firm Zero100.
Persons: Jade Gao, Shein, cybersecurity, Lee Kair, Kair, Dewardric McNeal, McNeal, Ram Ben Tzion, Ben Tzion, Department of Homeland Security's, Shein's, Srini Cherukuri, Chris Xu's, Zero100, Eric Fullerton, Project44 Organizations: Shein, Afp, Getty, Transportation Security Administration, U.S, Authentic Holdings, Simon Property Group, Longview Global, Obama administration's Department of Defense, CNBC, Standards Organization, Secretariat, IAF, Microsoft U.S, EU, Social, International, Uyghur Forced Labor, Department of Homeland, Border Patrol, New York, ITS Logistics, Logistics Locations: Guangzhou, China's Guangdong, Jade, China, U.S, Exiger, Shein, Asia, Singapore, Frankfurt, Germany, Xinjiang Province, Customs, York, United States
While a surge in support for the left-wing New Popular Front (NFP) coalition foiled Marine Le Pen’s far-right National Rally (RN) party, French politics is now more disordered than it was before the vote. The NFP won 182 seats in the National Assembly, making it the largest group in the 577-seat parliament. And the RN and its allies, despite leading the first round, won 143 seats. Does that mean the NFP “won” the election? Now, it is the largest bloc in the French parliament and could provide France with its next prime minister.
Persons: Emmanuel Macron, Le, , NFP “, Jordan Bardella, Le Pen, , ” Bardella, Kevin Coombs, Macron, Publique, – Jean, Luc Mélenchon, Raphael Glucksmann, Emmanuel Dunand, Éduoard Philippe, France’s, Brigitte Macron, Mohammed Badra, Gabriel Attal’s, France Unbowed, Mario Draghi, Benito Mussolini Organizations: CNN, Front, NFP, National Assembly, Ensemble, , Reuters, Socialists, Getty Locations: Vichy, France, Paris, AFP, Le Touquet, , Italy
At least, according to Eve Best, the actor who's played Rhaenys for a season and a half on "House of the Dragon." Best as Princess Rhaenys in season two, episode four of "House of the Dragon." Advertisement"She deliberately, at the end of episode nine, chose not to start a nuclear war, very rightly," Best told BI. "Then it becomes an instruction, and it's then the final piece of guidance to Rhaenyra," Best told BI. "It has to be a sacrifice, because I feel that for Rhaenys, she's done everything to not have this war," Best told BI.
Persons: , Rhaenys Targaryen, Eve Best, who's, King, Ser Criston Cole, It's, Rhaenyra, Cole, it's Rhaenys, Grace, Rhaenys, Ollie Upton, HBO Rhaenys, King Aegon's, Daemon, Ryan Condal, Alicent, Lancelot, Ryan, She'd, she'd, Steve Toussaint, wasn't, Sarah Hess, it's, Meleys, Alan Taylor, doesn't, Ewan Mitchell, Aemond, Theo Whitman, Sunfyre, dracarys Organizations: Service, King Aegon, Business, HBO, Aegon Locations: Dragonstone, Westeros, dragonback, Meleys, what's
Archaeologists find marble god in ancient Roman sewer
  + stars: | 2024-07-08 | by ( Story Reuters | ) edition.cnn.com   time to read: +1 min
Rupite, Bulgaria Reuters —Bulgarian archaeologists stumbled upon unexpected treasure this week during a dig in an ancient Roman sewer — a well-preserved, marble statue depicting the Greek god Hermes. Archaeologists pictured with the statue, which was covered with soil in an ancient Roman sewer. There are a few fractures on the hands,” said Lyudmil Vagalinski, who led the team of archaeologists, adding that the statue was a Roman copy of an ancient Greek original. Heraclea Sintica was a sprawling city founded by the ancient Macedonian king Philip II of Macedon, between 356 B.C. After the earthquake, the Heraclea Sintica fell into a rapid decline and was abandoned by around A.D. 500.
Persons: Hermes, Sergieva, Reuters “, , Lyudmil Vagalinski, Heraclea Sintica, Philip II of Macedon Organizations: Bulgaria Reuters —, Archaeologists, Reuters, CNN Locations: Rupite, Bulgaria, Heraclea Sintica, Heraclea, Bulgarian, Pirin Macedonia, Roman
Read previewWarning: Spoilers ahead for season two, episode four of "House of the Dragon," and the book "Fire and Blood." It's seemingly a ploy to lure one of Rhaenyra's dragons out, and it works: Rhaenyra sends Princess Rhaenys and her dragon Meleys, the "Red Queen." Unfortunately for Criston Cole and Aemond, his partner in crime, Aegon chooses that moment to take charge, flying into the battle on his dragon Sunfyre. In the book, Vhagar lights Aegon the Conqueror's funeral pyre, which incinerates his body but leaves his Valyrian steel blade, Blackfyre, unharmed. When Rhaenyra arrives, he promptly feeds her to his dragon, Sunfyre.
Persons: , Rhaenyra Targaryen, Harrenhal, Prince Daemon, Ser Criston Cole, Rhaenyra, Princess Rhaenys, Criston Cole, Aemond, Tom Glynn, Carney, Ollie Upton, it's, Meleys, Sunfyre, Vhagar, Ser Criston, groaning, They're, Martin, Prince Regent, Larys Strong, Baela, Alicent, Corlys Velaryon, King, Lady Cassandra Baratheon, Helaena, Maelor, Jaehaera Organizations: Service, Aegon, Business, HBO Aegon, Sunfyre, HBO, Max Locations: Rook's, Westeros
Those who have read "Fire and Blood" weren't surprised to see Princess Rhaenys Targaryen, the Queen Who Never Was, and her dragon Meleys fall to Aemond Targaryen and Vhagar. But for "House of the Dragon" to fully commit to its devastating dragon war, fought between a woman with a rightful claim to the throne and her usurper younger half-brother, Rhaenys needed to die. Eve Best and Steve Toussaint as Rhaenys and Corlys Velaryon in season two, episode four of "House of the Dragon." Ollie Upton/HBOBut despite her acquiescence, the wrong of denying Rhaenys the throne hangs like a pall over "House of the Dragon," and Rhaenyra especially. When her husband, Lord Corlys Velaryon, brings up her denial of the throne, Rhaenys says that she shuttered her ambition "a generation ago."
Persons: , weren't, Rhaenys Targaryen, Aemond, Rhaenys, King, Meleys, Vhagar, Ollie Upton, King Jahaerys, Jahaerys, Driftmark Corlys, Eve, Steve Toussaint, Laenor, Lord Corlys Velaryon, Rhaenyra, Alicent, it's, Corlys, It's Rhaenys, Emma D'Arcy, Olivia Cooke, it's Rhaenys, Eve Best, she's Organizations: Service, King Aegon, Business, HBO, Aegon Locations: Dragonstone
For Warren Buffett, his being born in America is the biggest contributing factor to his unmatched success. He believes the same promise that the nation has brought in the past also rings true today and will benefit generations of investors to come. The reverse is not true," Buffett said in his 2022 annual letter. Buffett has said that's a fact that should scream to ordinary investors: "Never bet against America." "There has been no incubator for unleashing human potential like America," Buffett said.
Persons: Warren Buffett, Buffett, shirtmaker Berkshire Hathaway, LBJ, Benjamin Graham Organizations: United, Berkshire, Dow, America, Cuban Missile, shirtmaker Berkshire, BNSF Railway, Burlington Northern, Columbia University Locations: America, United States, Omaha, shirtmaker, Burlington Northern Santa Fe, Apple . Berkshire, Berkshire
The newly-formed left-wing coalition, the New Popular Front (NFP), came second with 28%, while Macron’s Ensemble alliance trailed in a distant third with 21%. In the outgoing parliament, Macron’s alliance had only 250 seats, and so needed support from other parties to pass laws. In an attempt not to split the anti-far right vote, more than 200 candidates from Macron’s alliance and the NFP agreed to stand down in the second round. Whatever the result of Sunday’s vote, France seems set to endure a period of political chaos, with Macron unable to call another parliamentary election for at least a year. Jordan Bardella speaks at the RN headquarters in Paris after the first round of voting, June 30, 2024.
Persons: Emmanuel Macron, , Jordan Bardella, Bardella, Gerald Darmanin, Sarah Meyssonnier, Macron, Jean, Luc Melenchon, Raphael Gluckmann, Gabriel Attal, Macron’s Organizations: CNN — Voters, Front, NFP, National Assembly, Macron’s, France Unbowed, Melenchon Locations: France, Vichy, Paris, Europe, Brussels, Ukraine
CNN —In a surprise second-round result, the left-wing New Popular Front is projected to finish ahead of Marine Le Pen’s far-right party in French parliamentary elections, according to an IPSOS estimate. Despite leading after the first round of votes, the far-right National Rally (RN) was projected to win between 132 and 152 seats. But Sunday’s projection comes as a huge upset and shows French voters’ overwhelming desire to keep the far right from gaining power. After the first round, an unprecedented number of seats – over 300 – went to a three-way runoff between Ensemble, the NFP and the RN. By Tuesday, more than 200 centrist and left-wing candidates withdrew from the second round, in a bid to avoid splitting the vote.
Persons: Le, , Emmanuel Macron’s, Cheers, Luc Mélenchon, France Unbowed, ” Mélenchon, Bois de Vincennes, Jordan Bardella, Macron Organizations: CNN, NFP, Socialists, National Assembly, Ensemble Locations: France, Vichy, Paris, Stalingrad, Bois de
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. One such mansion is Hempstead House, which is located in Sands Point Preserve, a 216-acre park about 30 miles outside New York City. The Guggenheims lived in Hempstead House together until 1930, when Daniel died. In July 2024, I paid $15 to park at Sands Point Preserve and then another $10 to take a guided tour of Hempstead House. Here's what it was like inside the 112-year-old mansion and what I learned about life there.
Persons: , Scott Fitzgerald's, Howard Gould, Florence Guggenheim, Daniel, Florence Organizations: Service, Hempstead House, Business, Preserve, Institute of Aeronautical Sciences, US Navy, Guggenheim Locations: Shore, Long, Hempstead, Sands Point, New York City, Daniel, Hempstead House, Sands, Nassau County
Now, it looks set to win the most seats in the French parliament and could provide France with its next prime minister. The NFP is made up of several parties: the far-left France Unbowed party; the more moderate Socialist Party; the green Ecologist party; the French Communist Party; the center-left Place Publique, and other small parties. Going into the second round, it was not clear who the coalition would nominate to be its prime minister. Its most prominent – and divisive – figure is Jean-Luc Mélenchon, a 72-year-old populist firebrand and longtime leader of the France Unbowed party. Announcing his intention to resign Monday as prime minister, Gabriel Attal said, in an apparent swipe to France Unbowed: “No absolute majority can be led by the extremes.
Persons: Emmanuel Macron, , Olivier Faure, , Emmanuel Dunand, Jean, Luc Mélenchon, France Unbowed, Gabriel Attal, Faure, Louise Delmotte, , Macron Organizations: CNN, Front, NFP, Socialist Party, Ecologist, French Communist Party, Vichy, Getty, Macron’s, Ifop, Parliament, Hamas Locations: France, Paris, AFP, , Republic, Republique, Palestinian, Israel, Gaza
Russia is planning to use barrage balloons to counter Ukrainian drone strikes. The balloons will rise up to 300 meters and drop a 250-meter net to stop drones from getting through. The tactic was inspired by barrage balloons used in the First and Second World Wars. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia is developing a network of barrage balloons to repel Ukrainian drone strikes, inspired by a tactic used in World War I and II.
Persons: , Polina Albek Organizations: Service, First Airship, RIA Novosti, Business Locations: Russia, Ukrainian, St . Petersburg, Russian
On the upside, you get the best view in the house for the most famous tennis tournament in the world. The Royal Box at Wimbledon is an unending source of fascination for people ostensibly tuning in to watch some top-class sport. Guardiola and Williamson acknowledged the crowd, as is traditional in the Royal Box on middle Saturday. You get drinks on arrival, served on the balcony behind Centre Court, which overlooks some of the smaller courts. The invitation reads: ‘The Chairman and Committee of Management of The Championships request the pleasure of the company of [insert name] & Guest in the Royal Box on [insert date].
Persons: Jeff Bezos, David Attenborough, Princess, Wales, Kylie Minogue, Prince Albert of Monaco, Pep Guardiola, Bear Grylls, David Beckham, Samuel L Jackson, David Cameron, Sachin Tendulkar, Richard Branson, Alex Ferguson, James Bond, Christopher Eubanks, Debbie Jevans, Jevans, Pat Cummins, Niamh Cusack, Sir John Timpson, Keir Starmer’s, Theresa May, Sir David Attenborough, Katherine Jenkins, Dave Grohl, Olga Morozova, Ian Hewitt, Dame Sarah Gilbert, Gilbert, Irene Tracey, Dame Ruth Beverley, Nazanin Zaghari, Ratcliffe, Andy Murray’s, Murray, Zaghari, Roger Federer, Ryan Peniston, Karwai Tang, Pierce Brosnan, Anna Wintour, Russell Wilson, Sam Mendes, Eddie Redmayne, Sienna Miller, Jude Law, Ian McKellen, Maggie Smith, Michael McIntyre, Duke, Duchess of Kent, Prince Michael of Kent, Queen Elizabeth II, Geordie Greig —, , George Osborne, John Witherow, they’re, Guardiola, Williamson, Andrej Isakovic, Mark Philippoussis, Roger Federer’s, Conchita Martinez, Leah Williamson, Denise Lewis, Ben Stokes, Beckham, Gareth Southgate, Jordan Henderson, Geoff Hurst, Bobby Charlton, Luke Donald, Rory McIlroy, Ernie Els, Sergio Garcia, David Haye, Chris Hoy, Kelly Holmes, Nicola Adams, Jessica Ennis, Hill, you’ve, Aaron Chown, Tom Cruise ”, Lewis Hamilton, Novak Djokovic, ” sniffed, , ” Alan Chalmers, didn’t, , Pippa Middleton, Ilie Nastase, Serena Williams’s, hasn’t, Boris Becker, Eamonn Dalton Organizations: National Health Service, Wimbledon, Court, Lawn Tennis, Green Sport, Conservatives, Foo Fighters, BBC Radio, Royals, Evening, The, England women’s, European, Getty, Manchester City, Augusta, British, The New York Times, Olympic, Management, Inter Miami CF ’, “ Wimbledon Locations: British, Iran, Ratcliffe, Wales, That’s, London, AFP, England, Marbella, it’s, Romanian
Read previewAmid rising tensions with China, the Philippines is planning to buy its first submarine. AdvertisementChina and its neighbors have been at loggerheads for the past decade, after Beijing claimed sovereignty over most of the South China Sea, including islands and resource-rich waters. AdvertisementBut that leaves the question of how readily the Philippines Navy can operate a submarine. Chinese Coast Guard holding knives and machetes as they approach Philippine troops in the disputed South China Sea on June 17, 2024. Armed Forces of the Philippines via AP, FileA single submarine would do little to change the power imbalance between the Philippines and China.
Persons: , Greg Poling, Ferdinand Marcos Jr, Thomas Shoal, Poling, Rodrigo Duterte, You've, Mark Manantan, Manantan, Michael Peck Organizations: Service, Business, Philippine Navy, Washington -, Strategic, International Studies, Diesel, Philippines Navy, Malaysia, Forum, Islamic, Philippine Communist Party, Coast Guard, Armed Forces, AP, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, Philippines, Philippine, South China, Asia, Washington, loggerheads, Beijing, Vietnam, Malaysia, Sierra Madre, American, France, Spain, South Korea, Italy, Indonesia, Hawaii, Mindanao, Manila, Asian, Forbes
It's time for the Fed to cut rates at the end of July. Add to that the moderation in the consumer price index , the producer price index and the personal consumption expenditures price index – the Fed's preferred inflation gauge – and the need to wait for further signs of improvement seems like overkill. Also, if the Fed dials back policy later – rather than sooner – there will be claims of political interference if it cut rates immediately before the presidential election. The central bank has been dealing with an economy-crashing pandemic, a surge in prices and uncertainty over how its policies would affect the broad economy, inflation and consumer behavior over time. This is a factor that will likely drive inflation rates lower.
Persons: Adrian –, , Mickey, Dow Jones, Joe Biden, Adrian . Go, Ron Insana Organizations: Federal Reserve, Fed, Dow, New York Federal, Atlanta, CNBC
Read previewItaly has seized parts for two combat drones disguised as wind turbines in containers en route from China to Libya, customs and maritime authorities said on Tuesday. AdvertisementFootage of Italian authorities intercepting components of two Chinese Wing Loong II UAVs disguised as wind turbines that were heading to Libya. AdvertisementItalian officials stand next to drone parts disguised as wind turbines. Guardia di FinanzaAs a long-endurance and remotely controlled weapons platform, the Wing Loong-2 is often compared to the US-made MQ-9 Reaper, though its maximum speed and altitude are inferior to the latter. AdvertisementThe UN report and a BBC investigation found that Wing Loong-2 drones were likely supplied by the United Arab Emirates, which has long been accused of backing Haftar.
Persons: , Gioia Tauro, Loong, ALY7IBwRaA, WeKoW0i7Rs, Khalifa Haftar, Haftar's, Muammar, he's Organizations: Service, Financial Police, Business, Investigators, MSC Arina, MSC Apolline, Libyan, Financial Guard, Guardia, Times, Guard, United Nations, Libyan National Army, UN, United Arab Emirates Locations: Italy, China, Libya, London, Benghazi, Beijing, Muammar Gaddafi's, Russia, Moscow, Tripoli, Canada
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