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☆ Meet the Press – December 1, 2024
▼ + stars: | 2024-12-01 | by ( ) www.nbcnews.com time to read: +56 min

ANNOUNCER:From NBC News in Washington, the longest-running show in television history, this is Meet the Press with Kristen Welker. He credited President-elect Trump with this ceasefire, Jake, saying, quote, "Everyone is coming to the table because of President Trump." The second dynamic to watch is, Kash Patel is on the record for the retribution agenda that Donald Trump ran on. I will never forget when you asked former President Trump – President-elect Trump and President Biden during that last presidential debate in 2020 about 545 children who were still separated from their parents. And before we go, the newest member of the Meet the Press family, Frankie Alice Katz was born at 12:23 a.m. on Wednesday.

Persons: KRISTEN WELKER, Donald Trump, Christopher Wray, Kash Patel, KASH PATEL, I’d, FBI Hoover, Trump, PRES, JOE BIDEN, JUSTIN TRUDEAU, He’d, Bill Hagerty, Chris Murphy, Jake Sullivan, JONATHAN WHITE, Oscar, Errol Morris, NBC's Jacob Soboroff, Jonathan Allen, Kimberly Atkins Stohr, Matt Gorman, Sahil Kapur, it’s, Kristen Welker, Patel, “, STEVE BANNON, Bannon, DONALD TRUMP, Justin Trudeau, Trudeau, he'd, Biden, Edan Alexander, YAEL ALEXANDER, Jake, JAKE SULLIVAN, Kristen, we're, that's, Mike Waltz, President Trump, we've, Joe Biden, Bashar al, Assad, it's, I'm, They're, Chris Wray, Joe Biden didn't, Hagerty, SEN, BILL HAGERTY, Let's, I've, Kash, Colin Kahl, Kamala Harris, You've, Rob Malley, He's, Ariane Tabatabai, It's, Hunter, Hunter Biden, Kash Patel's, – SEN, –, Bill Barr, Tony Blinken, Israel, That's, Trump's, Tulsi Gabbard, she's, Tulsi, – KRISTEN WELKER, Murphy, Press . SEN, CHRIS MURPHY, Donald Trump's, Adam Schiff, Marco Rubio, Marcio Rubio, Donald Trump carte, who's, they're, you've, Harris, Nancy Pelosi, Tim Scott, Hope, Jon, John Bolton, JONATHAN ALLEN, John Bolton's, Matt Gaetz, SAHIL KAPUR, he's, doesn't, tweeting, MATT GORMAN, Gaetz, it's Tulsi, Betsy Devos, Matt Gaetz didn't, DOJ – didn’t, Pete Hegseth, Jr, KIMBERLY ATKINS STOHR, Matt, Claudia Sheinbaum, Biden's, Judge Ketanji Brown Jackson, We've, Yitzhak Rabin, YITZHAK RABIN, Jacob Soboroff, JACOB SOBOROFF, ERROL MORRIS, Errol, Jacob, Adam Serwer, haven't, Jacob – ERROL MORRIS, Jonathan White, Pope, hadn't, Frankie Alice Katz, Sally Bronston Katz, Michael, Frankie Alice, Fredalee, Adrien, We'll Organizations: FBI, Senate, Democratic, Connecticut, National Security, Trump, Boston Globe, NBC, Press, Bureau, Canadian, Hezbollah, Hamas, National, Lebanese Army, Rebels, UN, Republican, The Press, DOD, Department of Justice, China, United States, Depot, Walmart, Communist, Press ., of Justice, White, Wall Street, Republicans, of Commerce, Treasury, Education, Biden White House, Communications, AG, RFK, DOJ, Heritage, U.S ., Mar, Democrat, Clean Energy, U.S, Supreme, Palestine Liberation Organization, Israeli, Oscar, NBC News, Human Rights, American Academy of Pediatrics, Department of Homeland Security, Trump –, MSNBC, Refugee, . Locations: Tennessee, Israel, Gaza, Washington, Mexico, Canada, China, Mar, United States, U.S, Lebanon, Iranian, France, Lebanese, Syria, Aleppo, Iran, Russia, American, Japan, Europe, –, Connecticut, America, States, Trump, Oslo Accords, Eastern Europe

☆ 'Moana 2' snares $221 million in its five-day domestic opening, fueling the biggest Thanksgiving box office of all time
▼ + stars: | 2024-12-01 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

It was all feast and no famine at the Thanksgiving box office this year. "Moana 2" led the frame with $221 million for the five-day period, a significant overperformance compared to the $100 million box office analysts had initially expected. It is now the highest-grossing Broadway adaptation of all time at the domestic box office. This year's overperformance at the box office during the Thanksgiving period has also helped narrow the gap between 2024 and 2023's hauls. Heading into this holiday period, the 2024 box office was down 11% compared to the previous year's numbers.

Persons: Paul Dergarabedian, Shawn Robbins, Ralph Organizations: Fandango, Comcast, CNBC Locations: Hollywood, NBCUniversal

☆ Vietnam announces ambitious high-speed rail plans
▼ + stars: | 2024-12-01 | by ( Associated Press | ) edition.cnn.com time to read: +1 min

The ambitious railway line will stretch 1,541 kilometers (957 miles) between the Vietnamese capital and the financial capital in the south. Construction is expected to begin in 2027 and Vietnam hopes that the first trains will start operating by 2035. The train will pass through 20 provinces and cities, with 23 passenger stations and five freight stations along the way. It will transport both people and goods and will also service defense purposes, state media said. State media said that Vietnam will prioritize domestic funding for the project but may consider foreign loans if they are affordable and not restrictive.

Persons: Transport Nguyen Danh Huy, ” Organizations: Vietnam’s National Assembly, Transport Locations: Vietnam, Hanoi, Ho Chi Minh City

☆ Volkswagen workers prepare to strike across Germany
▼ + stars: | 2024-12-01 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Tens of thousands of Volkswagen workers will participate Monday in strikes at plants across Germany, labor union IG Metall said, marking the largest walkouts at the carmaker’s domestic operations since 2018. “If necessary, this will become the toughest wage dispute Volkswagen has ever seen,” IG Metall’s chief negotiator Thorsten Groeger said in a statement Sunday. The walkouts will be the first large-scale strikes that Volkswagen has faced since 2018, according to IG Metall, when 50,000 workers idled plants over pay. Indefinite strikes could also be called as a last resort, but only after members have been consulted again, IG Metall said. Volkswagen has said it may need to close plants in Germany for the first time in its 87-year history.

Persons: Metall, IG, Thorsten Groeger, ”, IG Metall Organizations: London CNN, Volkswagen, VW, IG Metall’s, IG Metall Locations: Germany, China

☆ ‘Moana 2,’ ‘Wicked’ and ‘Gladiator II’ hit box office trifecta for Thanksgiving weekend
▼ + stars: | 2024-12-01 | by ( Auzinea Bacon | ) edition.cnn.com time to read: +4 min

CNN —Instead of lounging on the couch after Thanksgiving, Americans headed to movie theaters, as the premiere of Disney’s “Moana 2” and the draw of “Wicked” and “Gladiator II” provided a big boost to the domestic box office. The success of the three films brought a new perspective on where the box office year can wind up, he said, since no one expected this to be a $420 million Thanksgiving weekend. Reviving the moviegoing experienceLoria said Universal, Paramount and Disney focused on theatrical-driven marketing campaigns, which movie theater companies could lean into. It meant movie theaters stepped up to cater to three very different audiences: those looking for epic historical action, musical fantasy and animated adventure. Dergarabedian said the theater screen goes hand-in-hand with streaming services at home and can build up the success of a movie long-term.

Persons: ”, Moana, “, Mario, ” Alan Bergman, Paul Dergarabedian, Barbie ”, “ Oppenheimer, Lionsgate’s “, Daniel Loria, Sony’s “ Kraven, Hunter ”, King ”, Michael O’Leary, Loria, Dergarabedian Organizations: CNN, Mario Bros, Disney Entertainment, Universal, Paramount Pictures, Amazon MGM Studios, Warner Brothers Discovery, Warner Bros, Boxoffice, National Association of Theatre Owners, Paramount, Disney

☆ Protests in Georgia spread as PM defies US condemnation
▼ + stars: | 2024-12-01 | by ( ) edition.cnn.com time to read: +6 min

The country of 3.7 million people has seen months of rising tension between the ruling Georgian Dream party and opponents who accuse it of pursuing increasingly authoritarian, anti-Western and pro-Russian policies. Opposition TV channel Formula showed footage of people in Khashuri, a town of 20,000 in central Georgia, throwing eggs at the local Georgian Dream office and tearing down the party’s flag. Georgian Dream says it is acting to defend the country’s sovereignty against outside interference. Georgia’s foreign ministry said in a statement that foreign states were trying to “interfere in the functioning of the institutions of a sovereign state”, and that this was unacceptable. But domestic opponents and Western governments have become increasingly concerned that Georgian Dream is intent – despite its denials – on abandoning that course.

Persons: Interpress, Dmitry Medvedev, Irakli Kobakhidze, ”, Kobakhidze, Donald Trump, Irakli Gedenidze, Salome Zourabichvili –, Zourabichvili, –, Giorgi Arjevanidze, Kaja Kallas Organizations: TBILISI Reuters — Protesters, European Union, EU, Protesters, Georgia, West, NATO, Getty Locations: TBILISI, Georgia’s, Georgian, Tbilisi, Black, Poti, Khashuri, Georgia, United States, Russia, Russian, Moscow, Tbilisi , Georgia, Washington, Soviet Union, AFP, Ukraine

Economists broadly dislike tariffs, saying they tend to increase prices for consumers — a likelihood that many company executives are already warning of. The new slate of tariffs Trump calls for would be much steeper and more far-reaching if fully implemented. “In his first term, President Trump instituted tariffs against China that created jobs, spurred investment and resulted in no inflation,” Trump transition spokeswoman Karoline Leavitt said in a statement. Angie Chua, founder of Bobo Design Studio, is considering adding a line item to show customers how tariffs affect her prices. How do you even forecast for that?”Hadley Douglas, left, pictured with her husband, TJ Douglas, said steep tariffs could drive small wine distributors out of business.

Persons: they’d, Trump, Karoline Leavitt, “, Chris Smith, Smith, He’s, Angie Chua, Bobo, Kristina Bumphrey, Chua, ”, ” Chua, doesn’t, ” Hadley Douglas, TJ Douglas, John Tlumacki, Hadley Douglas, Douglas, ” Douglas, Joe Hakim, he’s Organizations: NBC, Trump, “, Virginia Beer Company, Bobo Design, Bobo’s, Boston Globe, Getty, Boston, U.S . Chamber, Commerce’s Small Business Council Locations: China, Williamsburg , Virginia, Palm Springs , California, Boston, Redford , Michigan

☆ Unclaimed Baggage: Inside the Alabama store that sells the contents of lost suitcases
▼ + stars: | 2024-11-30 | by ( Faith Karimi | ) edition.cnn.com time to read: +14 min

Inside the 50,000 square-foot space, rows of clothes, shoes, books, electronics and other inventory from lost suitcases stretch as far as the eye can see. Austin Steele/CNNOutfits by costume designer Ret Turner are displayed at the Unclaimed Baggage store in Scottsboro, Alabama. If lost suitcases cannot be reunited with their owners within four months, they are shipped to the Unclaimed Baggage store. Austin Steele/CNNThe Unclaimed Baggage store sells watches left in suitcases, in carry-on luggage and in the plane's seat pockets. The store once sold a Rolex watch for $32,000Andolyn Parrish, 28, from Nashville, poses with her shopping cart at the Unclaimed Baggage store.

Persons: Alabama CNN — Vee, Aronds, Tinker Bell, Disney’s “ Peter Pan ”, Bryan Owens, she’d, “, ”, Frederick Stewart, Austin Steele, CNN Vee Aronds, Owens ’, Doyle Owens, ‘, ’ ” Bryan Owens, Owens, Ret Turner, It’s, Sonni Hood, ” Austin Steele, Hood, Michael Ciaglo, United, Wade Dubose, Joni Mitchell, ” Owens, Daniel Scheinert, ” Wade Dubose, Dubose, Andolyn Parrish, CNN Andolyn Parrish, Louis Vuitton, there’s, ” Hood, hasn’t, ” Stewart chuckled, “ I’m Organizations: Alabama CNN, CNN, Trailways, Scottsboro, Nikon, NASA, ”, US . Airlines, Southwest Airlines, Denver International Airport, Tech, United Airlines, Southwest —, Thrift, Louis, Rolex, Atlanta, Lions Club Locations: Scottsboro, Alabama, Ooltewah , Tennessee, Washington ,, Scottsboro , Alabama, Southwest, Nashville

☆ Lebanon’s displaced take stock of their losses amid delicate truce
▼ + stars: | 2024-11-30 | by ( Tamara Qiblawi | Muhammad Darwish | ) edition.cnn.com time to read: +7 min

Beirut's southern suburbs, Lebanon CNN —Like tens of thousands of Lebanon’s displaced, Hussein Mallah headed to the southern suburbs of Beirut at the break of dawn on Wednesday. The truce between Hezbollah and Israel had just begun, ending a two-month war. Nothing can break our spirits.”In Beirut's southern suburbs, shards of glass crack underfoot and rubble falls from above as people clear wreckage from balconies. Muhammad Darwish/CNNTraffic jams have returned to Hadi Nasrallah Avenue in Lebanon’s capital, the southern suburbs’ main boulevard named after the son of late Hezbollah leader Hassan Nasrallah. Marwa, 25, speaks to CNN from her badly damaged home in the southern suburbs of Beirut following two months of displacement.

Persons: Hussein Mallah, Mallah, ”, “, we’ll, Muhammad Darwish, Hadi Nasrallah, Hassan Nasrallah, Nasrallah, Nasrallah’s, General Naim Qassem –, Qassem, we’d, welling, “ We’ve, Umm Hussein Organizations: Lebanon CNN, CNN, – Locations: Lebanon, Beirut, Israel, Lebanese, Lebanon’s, Gaza, Inside Lebanon

Taylor Swift fans up in the bleachers of her soon-to-be-completed Eras Tour surely missed a host of Easter eggs she stashed in plain sight. The billionaire singer-songwriter's "Eras Tour Book" hit shelves on Black Friday, revealing previously unknown tidbits about the record-breaking concert run that's spanned five continents over 21 months. Her movie, “Taylor Swift: The Eras Tour,” was the highest-grossing domestic concert film of all time. A view of The Official Taylor Swift | The Eras Tour Book on display as guests shop Target Black Friday Deals and Taylor Swift Exclusive Products, in Jersey City, N.J., on Friday. Shows on the "Eras Tour" run with military-like precision, always starting on time.

Persons: Taylor Swift, Swift, “ Taylor Swift, ”, Dave Kotinsky Organizations: Target, Poets Department, Wall Street Journal, Taylor Swift Exclusive Products Locations: Jersey City, N.J, Vancouver

☆ ‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era
▼ + stars: | 2024-11-29 | by ( Sarah Whitten | Whitten Is A Social Media Writer For Cnbc. | ) www.nbcnews.com time to read: +3 min

The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator. Disney’s “Moana 2” hit theaters Wednesday and is expected to generate between $120 million and $150 million in box office receipts in the U.S. and Canada through Sunday. The second-highest haul for the holiday period was the $294.2 million secured during the same five-day period in 2013. After ruling the Thanksgiving box office for years with titles from Pixar and Disney Animation, it’s failed to live up to expectations with its recent string of releases. In 2016, “Moana” opened over the Thanksgiving holiday, generating $82.1 million.

Persons: It’s, Universal’s, Paramount’s, ”, Shawn Robbins, that’s, “, “ Ralph, II, Paul Dergarabedian, it’s, “ Moana, “ Coco ”, Ralph Organizations: Disney, Fandango, Comscore, Pixar, Disney Animation, “, Comcast, CNBC Locations: U.S, Canada, ‘, Comscore, “ Moana ”, “, NBCUniversal

Tech billionaire Elon Musk is already huge in China — but now his 76-year-old mother is a rapidly rising star there as well. “China is so advanced in roads, tunnels, buildings, infrastructure, and ports,” she wrote on her son’s social media platform X in October. Musk walking the runway for Chinese women’s wear brand Juzui at New York Fashion Week in September. Musk is one of a number of “silver-haired influencers” in China, a fast-aging country where there is growing concern about aging well. Maye Musk and Elon Musk at a campaign rally for President-elect Donald Trump at Madison Square Garden in New York on Oct. 27.

Persons: Elon Musk, “, ” Musk, Thomas Concordia, ”, Ashley Dudarenok, ” Dudarenok, Errol Musk, Musk, Elon, Maye Musk, Donald Trump, Jabin, Dudarenok, Trump, Maye Organizations: Tech, New York, Getty, Fila, Madison, Washington, Trump —, “ Department, Government Locations: HONG KONG, China, ”, U.S, New York, Hong Kong, “, Shanghai

☆ Putin tells Russians there's no reason to panic as the ruble sinks, but analysts say its economy is in trouble
▼ + stars: | 2024-11-29 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

The Russian currency hit its lowest level against the dollar since March 2022 this week. The Russian currency traded at 114 to the dollar on Wednesday, its weakest level since March 2022, shortly after the Ukraine invasion began. AdvertisementA Wednesday headline in the state newspaper Rossiyskaya Gazeta read, "Panic attack for Russia's currency market." Other countries, such as India, have snapped up Russian oil instead, tempering the impact of price caps and other penalties. The collapse of Russia's Ruble (black) is a reminder how badly the EU failed on Russia.

Persons: Vladimir Putin, Putin, Gazeta, Russia Robin Brooks, XbOwqiABRd — Robin Brooks, George Pavel, Brent, Kathleen Brooks, Brooks, Trump Organizations: Analysts, RIA Novosti, Kommersant, Brookings Institution, EU, Russia Locations: Russia, Russian, Ukraine, Russia's, India

☆ Why airlines are all-in on new single-aisle planes for transatlantic flights
▼ + stars: | 2024-11-29 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

New single-aisle planes offer cost efficiency, smaller capacity, and flexible cabins. This evolution has been largely propelled by the Airbus A321neo family, smaller planes that can flyer further than previous single-aisle aircraft. In 2024, 39,000 flights between North America and Europe are scheduled on single-aisle planes made by Boeing and Airbus, according to data from Cirium, an aviation analytics company. AdvertisementAirbus is pioneering this narrow-body shiftSuch a focus on single-aisle planes that can tackle long flights has been a boon for Airbus. Plus, single-aisle flying allows for quicker boarding and deplaning, which may be welcome time-savings for some customers — especially during tight layovers.

Persons: A321XLR, Patrick Quayle, Widebodies Organizations: Boeing, Airbus, JetBlue, United Airlines, Newark Liberty, WOW, Boston, Tap Air, Aer Lingus, Delta Air Lines, Wizz Air, Compagnie Locations: North America, Europe, That's, New York, Malaga, Spain, Chicago, Shannon, Ireland, Iberia, Madrid, Tap Air Portugal, Los Angeles, Hungarian, Boston

☆ China is on edge after Trump's talk of tariffs
▼ + stars: | 2024-11-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

AdvertisementOn Monday, Donald Trump threatened more tariffs on China, blaming Beijing for fentanyl. China criticized Trump's tariff threats, calling them ineffective and unjustified. "The excuse the president-elect has given to justify his threat of additional tariffs on imports from China is farfetched," wrote China Daily in a Tuesday editorial. AdvertisementMarkets are muted as investors wait and seeGlobal markets were jolted following Trump's post on Truth Social on Monday, but the effects have been felt mostly in foreign exchange. Global firms and Chinese manufacturers have already been diversifying their operations to manage concentration risks following Trump's first term and the COVID-19 pandemic.

Persons: Donald Trump, Trump, he'd, George Saravelos, Goldman Sachs, Wu Zhiqiang, Young Liu, Al Jazeera Organizations: Global, Deutsche Bank, Shenzhen Lingke Technology, Nikkei Asia, Apple, Macquarie Locations: China, Beijing, United States, Shenzhen, Thailand, India, Vietnam, Taipei, Al, Southeast Asia, Africa, China's

One of the best deals we've seen is 20% off the Travelpro Platinum Elite, our top pick from our guide to the best carry-on bags. View at Travelpro What we like Check mark icon A check mark. View at Away What we like Check mark icon A check mark. View at CalpakBest Black Friday deals on checked luggageWe've pulled deals from our favorite luggage brands in our guide to the best luggage. To learn more about the differences between soft-side, hard-side, and aluminum carry-ons, check out our guide to the best carry-on luggage.

Persons: That's, sitewide Briggs, Riley, sitewide Carl Friedrik, Pick, let's, they're, we're, It's, Kaya, Calpak Calpak Luka, Luka Duffel Organizations: Business, Elite, TSA, Plus, Delsey, Disney, Star Wars, Metro, Calpak Calpak, Calpak Calpak Luka Duffel, Prime Locations: sitewide, Dover, Delsey Chatelet, Chatelet, Calpak

☆ Clashes erupted outside a Hindu temple near Toronto. They’re the latest sign of Canada and India’s spiraling relations
▼ + stars: | 2024-11-29 | by ( Lex Harvey | ) edition.cnn.com time to read: +12 min

Canadian Prime Minister Justin Trudeau attends a press conference following Canada's expulsion of six Indian diplomats, in Ottawa on October 14, 2024. Members of the Hindu Sikh Global Forum protest the clashes between Hindu and Sikh communities in Canada in New Delhi, India, on November 9, 2024. However, the Canadian prime minister recently acknowledged that Khalistan separatists “do not represent the Sikh community” in Canada. A downward spiral of relationsWhile the Khalistan issue has persisted for decades, relations between Canada and India have plummeted under Modi and Trudeau. India's Prime Minister Narendra Modi (L) walks alongside Home Affairs Minister Amit Shah outside a polling station during India's general election, in Ahmedabad, India, on May 7, 2024.

Persons: Justin Trudeau, Hardeep Singh Nijjar, Dave Chang, “, Narendra Modi’s, –, Amit Shah –, Shah, Hardeep Singh, Cole Burston, Modi, Trudeau, ”, Michael Kugelman, Indira Gandhi, Stephanie Carvin, Sanchit Khanna, ” Carvin, Harsh Pant, Narendra Modi, Amit Shah, Adnan Abidi, ” Kugelman, Joe Biden, Biden, Eraldo Peres, ” Modi, Kugelman, Pant, Canada’s, ” Pant Organizations: CNN, Canadian, Sikh, Khalistan, Indian, Getty Images, Bharatiya Janata Party, New Zealand –, South Asia Institute, Wilson Center, Ottawa’s Carleton University ., Air India, Sikh Global Forum, Hindustan Times, Research Foundation, India's, Home, Reuters, Indian Army, CBC, Canadians, US, Observer Research Foundation Locations: Canadian, Brampton, Toronto, Canada, India, Indian, Ottawa, AFP, Delhi, New Delhi, United States, United Kingdom, Australia, New Zealand, Asia, Pacific, New York City, Washington , DC, Mumbai, Montreal, Carvin, Local, Ahmedabad, Rio de Janeiro, Brazil, Modi, Brampton’s

☆ Turkey angles for Trump to break the deadlock on F-35 purchases
▼ + stars: | 2024-11-29 | by ( ) www.businessinsider.com time to read: +7 min

Turkey wants the F-35s and may be willing to move the Russian air defenses that triggered the ban. Until five years ago, Turkey had planned to buy 100 of Lockheed Martin's F-35 stealth jets to modernize its air force. According to Bloomberg, Turkey may agree to restrict its Russian S-400s air defenses in return for the US lifting sanctions. Advertisement"So, it will remain to be seen if Trump can overcome these institutional hurdles to a sale to Turkey," Bohl told BI. The intervening Ukraine war, where Russian S-400s suffered losses, could reduce the value Turkey sees in them.

Persons: Lockheed Martin's, Trump, Recep Tayyip Erdogan, Donald Trump, Suleyman Ozeren, Ali Bakir, Erdogan, Bakir, Ozeren, Benjamin Cooper, US Air Force Ryan Bohl, RANE, Marco Rubio, Bohl, Mark Esper, Lockheed Martin, Paul Iddon Organizations: Trump, Lockheed, Bloomberg, Russian, American University, Orion Policy Institute, Ibn Khaldon, Security Initiative, US Air Force, East, Washington, Pentagon, Northrop Grumman, BAE Systems, Pratt & Whitney, RTX Corporation, Ukraine, Iran Locations: Turkey, Ankara, Washington, Incirlik, Qatar, Turkish, North Africa, Russia, China, Ukraine, Russian

☆ China plans to restrict exports of a critical metal. But the market isn't that worried
▼ + stars: | 2024-11-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Stringer | ReutersBEIJING — China will start limiting exports of critical metal tungsten this weekend, just as alternatives to Chinese suppliers of the metal are reopening. watch nowEcclestone pointed out that tungsten prices have not reacted much to China's announcement. While China restricts tungsten exports, the U.S. increased tariffs on Chinese tungsten by 25% in September. Demand for tungsten in and outside China is expected to rise, keeping tungsten prices elevated in the near term, said Emre Uzun, ferro-alloys and steel analyst at Fastmarkets. But starting late next year, he expects increased non-China supply to help stabilize raw tungsten prices.

Persons: Stringer, —, Christopher Ecclestone, Ecclestone, Trump, Cullen, Hendrix, Almonty, Lewis Black, Jeong Kwang, Gracelin Baskaran, Emre Uzun Organizations: Reuters, —, Ministry of Commerce, U.S . Defense Department, Hallgarten & Company, Peterson Institute for International Economics, Almonty Industries, CNBC, Almonty, Bank, Center for Strategic, International Studies, South, . Geological Survey Locations: Lianyungang, Jiangsu province, China, Reuters BEIJING, U.S, South Korea, Canada, Seoul, Gangwon, Portugal, Sangdong, Kazakhstan, Australia, Spain

☆ How to 'tariff-hedge' your European portfolio, according to TS Lombard
▼ + stars: | 2024-11-29 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

As Europe faces the prospect of tariffs on its exports to the United States, TS Lombard has advised investors in the region on how to "tariff-hedge" their portfolios. This week he announced that Mexico, Canada and China would be the first countries in the firing line. In a note this week, Davide Oneglia, director of European and global macro at TS Lombard, advised European investors to address their "tariff risk" by looking at their exposure "in the way Donald Trump ... does, i.e. Selective approach Secondly, the economist noted that while it makes sense in the near term to stay underweight European stocks in aggregate relative to U.S. stocks, investors appear "too dismissive" of opportunities in EU markets. It's also likely that Trump will be open to negotiating with EU countries – and, potentially, with EU businesses, T.S.

Persons: Lombard, Donald Trump, Trump, Davide Oneglia, Oneglia, Lombard's Oneglia, It's Organizations: European Union, U.S, Lombard, Airbus, EU, Nasdaq, Trump Locations: Europe, United States, Mexico, Canada, China, Spain, Greece, Portugal, Italy, Germany, France, Ireland, Austria, Sweden, Denmark, Finland, U.S, T.S

☆ How China Became the World’s Largest Car Exporter
▼ + stars: | 2024-11-29 | by ( Agnes Chang | Keith Bradsher | ) www.nytimes.com time to read: +11 min

How China Became the World’s Largest Car ExporterChina 5.7 million cars exported Japan Mexico Germany South Korea Top car exporters in the world United States 2016 2020 2024 China 5.7 million cars exported Japan Mexico Germany South Korea Top car exporters in the world United States 2016 2020 2024 China 5.7 million cars exported Japan Mexico Germany South Korea Top car exporters in the world United States 2016 2020 2024 Source: Alix Partners Note: 2024 values are estimated. Domestic sales 20 Exports 0 2010 2015 2020 2024 Production capacity 40 million cars Car production capacity has risen faster than sales. Mr. Wen gave him essentially a blank check to make China the world’s leader in electric cars. Last year, most of the cars China sold abroad were traditional gasoline engine cars. China has more than 100 factories with a combined capacity to build close to 40 million internal combustion engine cars a year.

Persons: Alix, Donald J, Trump, Wen Jiabao, Wen, Carmakers Organizations: China, Japan Mexico Germany South, Alix Partners, European Union, China’s, Communist Party, Wan, Audi, America, UNITED STATES, BRAZIL, UBS, China Volkswagen, Volkswagen Locations: China, Japan Mexico Germany, Japan Mexico Germany South Korea, States, United States, Asia, Thailand, Philippines, Germany, Europe, Southeast Asia, Shanghai, Russia, Ukraine, Latin America, TURKEY, India, Brazil, Turkey, U.S

It was awful.”Palm Springs Section 14 neighborhood residents and descendants at United Methodist Church in Palm Springs on April 16, 2023. Because of racial covenants in the 1940, it was among the few places Black and Latino residents could live in Palm Springs. Devers’ mother told her the pressures from redlining and racism led her father to alcohol. She finally landed a place about 15 miles north of Palm Springs in a man’s hunting trailer that had no bathroom or kitchen. Courtesy Lawrence WilliamsMcFarland, Williams’ mother, is 101 and lives with him in Mississippi.

Persons: Gloria Holland’s, ”, “, Monday, ” Holland, Damian Dovarganes, Lisa Middleton, “ It’s, Areva Martin, Martin, hadn’t, Taya Gray, Holland, general’s, Pearl Devers, ” Devers, Lucille Ball, Devers, Lawrence Williams, Williams, Lucille McFarland, ” Williams, Lawrence Williams McFarland, She’s, Pearl, ‘, ” Martin Organizations: United Methodist Church, 14, Palm, Palm Springs City, City, Areva, Council, ”, USA, Agua Caliente, Residents Locations: Palm Springs , California, ” Holland, Atlanta, Holland, Hollywood, Springs, Palm Springs, California, Agua, Columbia , Mississippi, Mississippi

☆ CNBC's Inside India newsletter: The causes and costs of India's brain drain
▼ + stars: | 2024-11-28 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +10 min

(Photo by Sanchit Khanna/Hindustan Times via Getty Images)This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Raj is looking for jobs outside India and says he is "willing to go anywhere and do anything." "My parents took a [1.9 million Indian rupee] ($22,491) loan for my degree, so I studied hard and interned to find a well-paying job quickly," the 27-year-old, told CNBC's Inside India. Speaking to CNBC's Inside India, Ghosh — a professor formerly at India's Jawaharlal Nehru University and currently at the University of Massachusetts Amherst — noted "there is definitely a jobs crisis in India." This shift in perspective has translated to "brain drain," being considered as a "term from the last century," Sunaina Kumar, a senior fellow at think tank the Observer Research Foundation (ORF), told CNBC's Inside India.

Persons: Sanchit Khanna, Raj, Keshav Raj, Anurag Sinha, Sinha, aspirational, Jayati Ghosh, Ghosh —, University of Massachusetts Amherst —, They've, Ghosh, Sundar Pichai, Satya Nadella, Leena Nair, Subrahmanyam Jaishankar, Sunaina Kumar, Kumar, ORF's Kumar, foundit's Sinha Organizations: Hindustan Times, Getty, ., SRM Institute of Science & Technology, United Arab, India, India's Jawaharlal Nehru University, University of Massachusetts Amherst, International Labour Organization, UN, Microsoft, Institute of South Asian Studies, National University of Singapore, Observer Research Foundation, Bank, South Locations: DELHI, INDIA, Anand, New Delhi, India, Indonesia, Tamil Nadu, Canada, Australia, United Arab Emirates, U.S, Europe, Indian

☆ 5 things to consider buying before new tariffs take effect
▼ + stars: | 2024-11-28 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

Such tariffs have the potential to significantly increase the prices consumers pay on nearly everything that isn’t made entirely in the US, of which there are very few goods. And as we witnessed during the pandemic, “stockpiling by consumers can actually lead to higher prices in and of themselves and empty store shelves,” he said. That said, here are five items that are likely to get more expensive with any new tariffs Trump imposes that may make sense to purchase before he takes office. But if you need a new one – or will soon – now’s a good time to consider buying. E-bikesOne item that tops the list of things that could get spendier under Trump’s tariffs is e-bikes, Lincicome told CNN.

Persons: Donald Trump’s, Trump, he’s, isn’t, Scott Lincicome, –, ” Lincicome, Ed Brzytwa, Gary Shapiro, “, Corie Barry, Lincicome, “ It’s, Donald Trump Organizations: New, New York CNN, Peterson Institute for International Economics, Cato Institute, Trump, National Retail Federation, Consumer Technology Association, CTA, CNN, “ Locations: New York, Mexico, Canada, China, US

☆ 5 tech stocks in supply chain management could benefit from Trump's tariffs, Redburn Atlantic says
▼ + stars: | 2024-11-28 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

President-elect Donald Trump's proposed steep tariffs on imports could create winners in the stock market — particularly among companies that help businesses manage their supply chains, according to Redburn Atlantic. The shares of all these global companies are traded in the U.S. and Europe. Trump has proposed tariffs of 25% on all products from Mexico and Canada, and additional tariffs on goods from China. Kinaxis Kinaxis, which helps companies plan their supply chains using digital replicas of physical operations, could also benefit, according to Redburn Atlantic. WiseTech Global WiseTech offers a "high-growth profile" investment opportunity that will benefit from the tariff trend, according to Redburn Atlantic.

Persons: Donald Trump's, Trump, Redburn, Lachlan Brown, Descartes, Kinaxis, Trump's, — CNBC's Michael Bloom Organizations: Descartes Systems, Manhattan Associates, SPS Commerce, WiseTech, Descartes Systems Descartes Systems, Manhattan Associates Manhattan Associates, SPS, Commerce Locations: U.S, Europe, United States, China, Mexico, Canada

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