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☆ The U.S. election is a make-or-break moment for aid to Ukraine
▼ + stars: | 2024-11-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +10 min

Kevin Lamarque | ReutersTensions are likely running high in Kyiv ahead of Tuesday's presidential election in the U.S. — a vote that could make or break ongoing aid for Ukraine. Officials in Kyiv say the election is being watched closely, amid concerns that future aid could be cut. In the week before the presidential election, Western officials were reported as saying that a Harris administration would likely struggle to push significant aid for Ukraine through Congress. A win by Donald Trump could see him placing a phone call to Russian President Vladimir Putin as early as 6 November. Then President Donald Trump and Russian President Vladimir Putin at a joint press conference after their summit on July 16, 2018, in Helsinki, Finland.

Persons: Volodymyr Zelenskiy, Kamala Harris, Kevin Lamarque, —, Donald Trump, Joe Biden, It's, Trump, it's, Yuriy Sak, J.D, Vance, JD Vance, Carlos Osorio, Putin, Harris, Timothy Ash, Reuters Ash, Ash, Tim Willasey, Vladimir Putin, Chris McGrath Organizations: U.S, White, Reuters, NBC News, Republican, Democrats, NATO, Russia, Ukrainian, CNBC, Anadolu, Getty, Kiel Institute of, European Investment Bank, European Commission, Republicans, Kyiv, Reuters Trump, Berenberg Bank, Berenberg, Washington, Congress, Trump, Ukraine, BlueBay Asset Management, Democratic, Royal United Services Institute Locations: Washington , U.S, Kyiv, U.S, Ukraine, United States of America, United States, America, Russia, Toretsk, Donetsk, Donbas, Moscow, St, Cloud , Minnesota, Europe, Belgian, Helsinki, Finland

☆ Parts supplier cuts thousands of jobs as Germany's auto woes deepen
▼ + stars: | 2024-11-05 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Thousands more jobs are under threat in Germany's beleaguered automotive industry. Parts supplier Schaeffler said it would cut thousands of jobs for a net reduction of about 3,700 workers. Union officials said Volkswagen plans to shut factories in Germany for the first time. AdvertisementGermany's auto industry is under intense pressure — and now thousands of jobs will go at a key company in the supply chain. Auto parts supplier Schaeffler said on Tuesday it would cut about 4,700 jobs across Europe and close two of its 10 locations in Germany.

Persons: Schaeffler, —, Klaus Rosenfeld, Schaeffler's, Mercedes, BYD Organizations: Service, VW, BMW, Mercedes, Benz, Volkswagen, EV, EVs Locations: Germany, Europe, Frankfurt, Europe's, China, Hungary, Turkey

☆ As China approaches WTO, analysts say Beijing-EU tariff spat unlikely to go 'too far'
▼ + stars: | 2024-11-05 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +1 min

Beijing will avoid escalation of its dispute with the European Union over tariffs on its electric vehicles, industry watchers said, a day after China again approached the World Trade Organization for resolution. China's commerce ministry said Monday that it had filed an additional appeal with the WTO over the EU's tariffs on its EVs, as bilateral talks have yet to lead to a breakthrough. The EU reportedly accounted for more than 40% of Chinese EV exports in 2023. EU has raised its tariffs to as much as 45.3% on Chinese EVs following an year-long investigation. The measures had prompted Beijing to target European exports such as pork, dairy and brandy products.

Persons: Shaun Rein, Sam Radwan Organizations: European Union, World Trade Organization, WTO, China Market Research, CNBC, U.S, EU, International Locations: Beijing, China, Europe, EU, Washington

☆ How F1 can help engineer the world's net-zero future
▼ + stars: | 2024-11-04 | by ( Chris Hawes | ) www.cnbc.com time to read: +4 min

F1 produced 223,031 metric tons of carbon dioxide equivalent in 2022, with almost 75% coming from travel and shipping. Unlike soccer, which produces more than 30 million metric tons per year by some estimates, F1 has the engineering capabilities to provide solutions. As reported in April, these goals are difficult to square with F1's decision to increase the number of races in its calendar. The final pedal F1 can push is energy efficiency, and teams are already looking for ways to transfer learnings from the track to their infrastructure. "We want to take that approach ... and apply it to the building and infrastructure side of the campus as well."

Persons: Sustainability Kim Wilson, Pat Symonds, We've, Ellen Jones, we've, Sustainability Adam Sammons, Red Bull Organizations: Health Service, McLaren, Sustainability, CNBC, Formula One, EU, petro

☆ China urges France to get EU to arrive at palatable EV trade solution
▼ + stars: | 2024-11-04 | by ( ) www.cnbc.com time to read: +1 min

European leaders have struggled to formulate a unified Sino-European strategy, with some states echoing U.S. calls for a complete disassociation — or decoupling — while others have preferred a softer, derisking approach. China has urged France to take on "an active role" to push the European Commission towards a solution acceptable to both the European and Chinese electric vehicle industries, Beijing's commerce ministry said on Monday, citing its minister. Wang Wentao, in a meeting with French junior trade minister Sophie Primas in Shanghai on Sunday, reiterated the European Union's investigation into China's EVs is a major concern and has "seriously hindered" China-EU auto industry cooperation. The EU launched an anti-subsidy investigation into imports of Chinese-made battery EVs last year and in October voted for tariffs on those vehicles. China in the past year has launched its own investigations into European pork and dairy, and imposed temporary anti-dumping measures on imports of brandy from the EU early this month.

Persons: Wang Wentao, Sophie Primas Organizations: European Commission, French, Sunday, EU Locations: China, France, Shanghai, EU

☆ China and Europe's EV fight just stepped up a notch
▼ + stars: | 2024-11-04 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

China said it plans to sue the European Union after the bloc cracked down on its EV giants. The EU imposed sweeping tariffs on Chinese EV companies, including BYD, last week. The measures have raised fears that China might retaliate by slapping its own tariffs on European automakers. The EU voted to impose sweeping tariffs on Chinese EV companies like BYD in October. Advertisement"With this in mind, the Commission takes note of the request for WTO consultations lodged by China.

Persons: —, Xpeng Organizations: European Union, EV, Service, World Trade Organisation, EU, WTO, Business, Commission, Volkswagen, BMW, Mercedes Locations: China, European, Europe, Hungary, Turkey

☆ European leaders breathe a sigh of relief as pro-EU candidate wins Moldova election
▼ + stars: | 2024-11-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

The second round of voting pitted incumbent Maia Sandu against her Russia-backed Party of Socialists opponent Alexandr Stoianoglo, after neither candidate won a majority in the first round last month. With 99.9% of the responses at the poll counted on Monday morning, Sandu won 55.4% of the vote, compared to the 44.6% of Stoianoglo, according to Moldova's Central Electoral Commission. France will continue to stand beside Moldova on its European path," according to a CNBC translation. Ursula von der Leyen, president of the European Commission, likewise praised Maia Sandu, stating on X that "it takes a rare kind of strength to overcome the challenges you've faced in this election. I'm glad to continue working with you towards a European future for Moldova and its people."

Persons: Maia Sandu, Alexandr Stoianoglo, Sandu, we've, Olaf Scholz, Emmanuel Macron, Sandu's, Ursula von der Leyen, you've, I'm Organizations: Electoral Commission, Moscow, CNBC, European Commission Locations: Soviet, Russia, Moldova, Ukraine, Romania, Europe, Georgia, Russian, Republic of Moldova, France

☆ Moldova election: Putin’s latest meddling effort failed. It’s unlikely to stop him trying again
▼ + stars: | 2024-11-04 | by ( Clare Sebastian | ) edition.cnn.com time to read: +5 min

According to Moldova’s Central election commission, with 100% of votes counted, Sandu had 55% of the total. Its leader, a regular visitor to Russia, met with Russian President Vladimir Putin in March. In his congratulatory note to Sandu Monday, US President Joe Biden declared “Russia failed” in its attempt to undermine Moldova’s democracy. Meanwhile, Ukraine is breathing a sigh of relief at the results of Moldova’s election. If Russia’s gains turn from tactical to strategic, Moldova faces a threat much bigger than election interference.

Persons: Maia Sandu, Sandu, Alexandr Stoianoglu, Konstantin Kosachev, Andrey Klishas, “, ”, Vadim Ghirda, Vladimir Putin, Joe Biden, Vladislav Culiomza, Volodymyr Zelensky Organizations: CNN, EU, Moldova’s, Moldovan, Kremlin, European Union, AP, “ Russia, Reuters Locations: Moscow, Russia, Moldova, Russian, Chisinau, upending, Ciopleni, AP Russia, Transnistria, Ukraine, Donbas, Moldova’s, Gagauzia, Sandu, EU, Georgia, trepidation, Romanian

☆ Chinese exports will submerge European trade if Trump wins, says former U.S. ambassador
▼ + stars: | 2024-11-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese exports will submerge European trade if Trump wins, says former U.S. ambassadorAnthony Gardner, former U.S. Ambassador to the European Union, discusses the potential impact of the U.S. elections on U.S.-EU relations.

Persons: Anthony Gardner Organizations: Trump, European Union Locations: U.S

☆ Moldova’s pro-Western president wins 2nd term in runoff overshadowed by Russian meddling claims
▼ + stars: | 2024-11-03 | by ( Associated Press | ) edition.cnn.com time to read: +9 min

CHISINAU, Moldova (AP) — Moldova’s pro-Western President Maia Sandu has won a second term in a pivotal presidential runoff against a Russia-friendly opponent, in a race that was overshadowed by claims of Russian interference, voter fraud, and intimidation in the European Union candidate country. Today, you have saved Moldova!” Sandu said after claiming victory after midnight. Moldova’s large diaspora, which cast ballots in record numbers of more than 325,000 voted, heavily in favor of Sandu in the runoff. The presidential role carries significant powers in areas such as foreign policy and national security and has a four-year term. But the results of the ballots including Sunday’s vote were overshadowed by allegations of a major vote-buying scheme and voter intimidation.

Persons: — Moldova’s, Maia Sandu, Sandu, Alexandr Stoianoglo, ” Sandu, Stoianoglo, ”, “, Ursula von der Leyen, you’ve, Stanislav Secrieru, Secrieru, Dorin Recean, Vladislav Culiomza, Silviana Zestrea, Ilan Shor, oligarch, Shor, Father Vasilii, it’s, Cristian Cantir, ” Savlina, Stringer Organizations: Western, European Union, Central Electoral Commission, CEC, Russia Party of Socialists, “, Sunday, Moldovan, Northampton, Reuters, ”, EU, Police, Associated Press, Oakland University, AP, ” Moldovan Locations: CHISINAU, Moldova, Russia, “ Moldova, Sandu, Belarus, Azerbaijan, Turkey, Frankfurt, Germany, Liverpool, Soviet, Chisinau, Bucharest, Comrat, Gagauzia, EU, European, Ukraine, Brussels, Moscow

☆ How Russian ‘dirty money’ risks rigging this European country’s presidential election
▼ + stars: | 2024-11-02 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

If other Kremlin-friendly parties swing their support behind him, the second round will be extremely close. Both the Kremlin and Shor have denied interference, but Moldovan officials have warned the second vote could also be targeted by similar schemes. He has called for a “reset” of relations with Moscow and said he would be willing to meet Russian President Vladimir Putin, while maintaining he is committed to joining the EU. As a result, his platform is a mix of contradictory policies, said Samurokov: “You either support European integration, or you want to promote cooperation with Moscow. Evgenia Novozhenina/ReutersStill, Moldovan officials are braced for a second round of voting marred by pro-Russian meddling.

Persons: Maia Sandu, Sandu, Alexandr Stoianoglo, Sandu –, Moscow –, Stoianoglo, Vladislav Culiomza, Reuters Sandu, Valeriu Pasha, Ilan Shor, Shor, ” Maksim Samorukov, Sandu’s, ”, Vladimir Putin, Evgenia Novozhenina, ” Pasha, Volodymyr Zelensky, “ Organizations: CNN, European Union, EU, Russian Party of Socialists, World Bank, Moscow, Reuters, Reuters Analysts, Carnegie Russia Eurasia Center, Communist Locations: Soviet, Europe, Moldova, European, Ukraine, Harvard, Chisinau, Russian, Russia, Moscow, Transnistria, Georgian, ”, Georgia

☆ At-home brain stimulation relieves symptoms of depression, study finds
▼ + stars: | 2024-11-01 | by ( Brenda Goodman | ) edition.cnn.com time to read: +8 min

CNN —A headset worn at home that zaps the brain with the energy of a 9-volt battery could help relieve symptoms of depression, a new study shows. Rebalancing brain activity in depressionThe device is available in the UK, Norway, Hong Kong and countries in the EU. Studies show that people with depression tend to have less brain activity than normal in the dorsolateral prefrontal cortex and more brain activity than normal in the ventromedial prefrontal cortex. A ‘spicy’ sensation with brain benefitsLeana De Hoyos, a 34-year-old mother of two who lives in Houston, was one of the study participants. Helping people use brain stimulation at homeFu says that when her team started looking at transcranial direct current stimulation for depression, they first reviewed the medical literature.

Persons: ”, Rodrigo Machado, Vieira, Machado, It’s, it’s overactive, Daniel Mansson, Cynthia Fu, Fu, Leana De Hoyos, De Hoyos, didn’t, ” De Hoyos, I’m, you’ve, “, ’, ” Fu, Dr, Sanjay Gupta, “ We’re, Mansson, hasn’t Organizations: CNN, Nature Medicine, Therapeutics, US Food and Drug Administration, Neuroscience, King’s College London, CNN Health, “ Locations: UTHealth, Norway, Hong Kong, Swedish, United States, Houston, Europe

☆ Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
▼ + stars: | 2024-10-31 | by ( Sonia Heng | In Sonia-Heng | ) www.cnbc.com time to read: +2 min

Yves Herman | ReutersChinese electric vehicle maker BYD reported third-quarter revenue that topped that of behemoth rival Tesla for the first time. On Wednesday, BYD reported revenue for the three months ended Sept. 30 of 201.12 billion yuan ($28.24 billion), up 24% from a year ago. That exceeded Tesla's revenue of $25.18 billion reported for the same period. At least half of BYD's sales are hybrid vehicles, whereas Tesla's vehicles are battery only. Likewise, Tesla remains on top in year-to-date sales, slightly edging out BYD's roughly $70.53 billion total revenue at $71.98 billion.

Persons: Yves Herman, BYD, Tesla, Elon Musk's Tesla Organizations: Reuters, behemoth, Elon, BYD's Seagull, EU, SAIC Motors Locations: China, Zeebrugge, Belgium, Beijing, Europe, Berlin, Hungary, Turkey

☆ China tells carmakers to pause investment in EU countries backing EV tariffs, Reuters reports
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +1 min

China has told its automakers to halt big investment in European countries that support extra tariffs on Chinese-built electric vehicles, two people briefed about the matter said, a move likely to further divide Europe. The new European Union tariffs of up to 45.3% came into effect on Wednesday after a year-long investigation that divided the bloc and prompted retaliation from Beijing. Ten EU members including France, Poland and Italy supported tariffs in a vote this month, in which five members including Germany opposed them and 12 abstained. Chinese automakers including BYD , SAIC , and Geely were told at a meeting held by the Ministry of Commerce on Oct. 10 that they should pause their heavy asset investment plans such as factories in countries that backed the proposal, said the people. They declined to be named, as the meeting was not public.

Persons: Geely Organizations: European, BYD, SAIC, Ministry of Commerce Locations: Farnborough, Britain, China, Europe, Beijing, France, Poland, Italy, Germany

☆ Temu to be investigated by EU tech regulators over sale of illegal products
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +1 min

Chinese online retailer Temu will be investigated on whether it may have breached EU tech rules against the sale of illegal products, EU tech regulators said on Thursday, in a move which could lead to hefty fines for the company. Temu, which has 92 million users in the 27-country European Union, is a unit of Chinese ecommerce giant PDD Holdings . The EU tech enforcer will also investigate whether Temu is complying with the DSA obligation to provide researchers access to its publicly accessible data. Particularly in ensuring that products sold on their platform meet EU standards and do not harm consumers," EU antitrust and tech chief Margrethe Vestager said in a statement. Temu could face a fine of as much as 6% of its global turnover if found guilty of breaching the DSA.

Persons: Margrethe Vestager Organizations: EU, European Commission, Digital Services, Union, PDD Holdings, DSA Locations: EU

☆ Former Acting U.S. Trade Representative: Trump’s Tariffs Are a Terrible Idea
▼ + stars: | 2024-10-31 | by ( Miriam Sapiro | ) www.usnews.com time to read: +7 min

As a former acting U.S. trade representative who also served on the National Security Council, I’ve engaged in international economic policymaking firsthand. Trump’s main economic idea is to indiscriminately impose tariffs on U.S. trading partners, but it is American importers, exporters and consumers who will pay the price. When Trump last levied tariffs, the EU, Canada, China and other trading partners imposed their own tariffs in retaliation. While President Joe Biden left most of Trump’s tariffs against China in place, he managed to negotiate agreements that led to the easing of many retaliatory measures. As president, Harris would lead an economy that helps everyone, not just those at the very top.

Persons: you’re, it’s, you’ve, Kamala Harris, Donald Trump, I’ve, Harris, Shawn Fain, “, ” Harris, Harris ’, Trump, Smoot, Hawley, Mitch McConnell, “ I’m, Trump’s, Davidson, Joe Biden, Biden Organizations: National Security Council, United Auto Workers, Democratic Party, Republican, Foundation, European Union, Pennsylvania Farm Bureau, ”, Harley, EU Locations: Pennsylvania, Michigan, Wisconsin, America, China, U.S, EU, Canada

☆ Europe prepares for 'America First' push no matter who wins the U.S. election
▼ + stars: | 2024-10-30 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

Former President Donald Trump and Vice President Kamala Harris are shown on screen during a debate watch party at the Cameo Art House Theatre in Fayetteville, North Carolina, on Sept. 10, 2024. European politicians and policymakers are busy preparing for more American protectionism regardless of who emerges as the next leader of the White House after elections next week. The presidential race has remained a dead heat going into its final few days, with polling consistently rating the candidates, Vice President Kamala Harris and former President Donald Trump, as being tied within key battleground states and across the country. "Whoever wins will be 'America first'," a senior European diplomat, who did not want to be named due to the sensitive nature of the transatlantic relationship, told CNBC last week. The comments come after a warning from German Finance Minister Christian Lindner, who on Friday told CNBC there could be retaliation if the U.S. kicked off a trade war with the European Union.

Persons: Donald Trump, Kamala Harris, Christian Lindner, it's Organizations: Art House Theatre, White, CNBC, German Finance, Friday, European Union, European, EU, U.S, European Commission Locations: Fayetteville , North Carolina, European, U.S, Washington ,, United States

☆ China 'does not agree or accept' the EU's EV tariffs, says negotiations are still ongoing
▼ + stars: | 2024-10-30 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

The EU and China have reportedly agreed to start talks on the planned imposition of tariffs on Chinese-made EVs. China's commerce ministry said it "does not accept" tariffs imposed by the European Union on Chinese electric vehicles, after the bloc increased tariffs on Chinese EVs to as high as 45.3% on Wednesday. The commerce ministry said "China will continue to take all necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies." China's commerce ministry also highlighted the EU has indicated it will continue to negotiate with China, adding that both sides are conducting a new round of consultations. On Oct. 25, Reuters reported the two sides were looking at possible minimum price commitments from Chinese producers or investments in Europe as an alternative to tariffs.

Persons: Xpeng Organizations: European Union, SAIC Motor, EU, World Trade Organization, Reuters Locations: Taicang Port, Suzhou, China's, Jiangsu Province, EU, China, Europe

☆ EU prepares for more U.S. protectionism
▼ + stars: | 2024-10-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU prepares for more U.S. protectionismCNBC's Silvia Amaro reports on how the EU is preparing for more American protectionism regardless of who's the next president.

Persons: CNBC's Silvia Amaro Organizations: EU

☆ AI boom thrusts Europe between power-hungry data centers and environmental goals
▼ + stars: | 2024-10-29 | by ( April Roach | ) www.cnbc.com time to read: +6 min

Major equipment suppliers in Europe say that U.S. chip designers are calling on them to lower their water temperatures to accommodate the hotter AI chips, according to Herbert Radlinger, managing director at NDC-GARBE. Energy efficiency is high on the European Commission's agenda, as it seeks to reach its goal of reducing energy consumption by 11.7% by 2030. The EU predicted in 2018 that energy consumption of data centers could rise 28% by 2030, but the advent of AI is expected to boost that number two or threefold in some countries. Many of the recent discussions have focused on different ways to source "prime power" for AI data centers and for the potential for more collaboration with utilities, said Steven Carlini, chief advocate of AI and data centers and vice president at Schneider Electric. Liquid cooling will require a "reconfiguration," Gunen explained, adding that new data centers are already coming ready with this technology.

Persons: Goldman Sachs, Andrey Korolenko, Nvidia's Blackwell, we've, Winterson, CNBC Michael Winterson, Michael Winterson, Herbert Radlinger, Steven Carlini, Carlini, Schneider, Meta, Gunen, Equinix Organizations: Luza, CNBC, European Data Center Association, NDC, EU, Energy, Directive, Schneider, Schneider Electric, European, Nvidia, Blackwell Locations: Europe, Brussels, Equinix

☆ EU slaps tariffs on Chinese EVs, risking Beijing payback
▼ + stars: | 2024-10-29 | by ( ) www.cnbc.com time to read: +4 min

A senior EU official said the extra tariffs had been formally approved on Tuesday. It says China's spare production capacity of three million EVs per year is twice the size of the EU market. Beijing has called the EU tariffs protectionist and damaging to EU-China relations and automotive supply chains, and has launched its own probes this year into imports of EU brandy, dairy and pork products in apparent retaliation. The Commission estimates Chinese brands' share of the EU market has risen to 8% from below 1% in 2019 and could reach 15% in 2025. German carmakers have heavily criticized the EU measures, aware that possible higher Chinese import duties on large-engine gasoline vehicles would hit them hardest.

Persons: Viktor Orban Organizations: European Union, European Commission, China's SAIC, EU, World Trade Organization, Volkswagen, France's PFA, China's, China Passenger Car Association Locations: Huaian, Jiangsu Province, China, Europe, Beijing, United States, Canada, EU, Germany, Hungarian

☆ Georgian president calls for protests after ruling party wins disputed election; U.S., allies call for probe
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

Georgian Dream Party supporters celebrate the exit poll results in Tbilisi on Saturday. Diego Fedele / Getty ImagesPresident Salome Zourabichvili spoke the day after the vote, which the electoral commission said the ruling party had won. The Georgian Dream party clinched nearly 54% of the vote, the commission said, as opposition parties contested the result and vote monitors reported significant violations. Georgian Dream has become increasingly authoritarian over the past year, adopting laws similar to those used by Russia to crack down on speech. Despite that, Georgian Dream has adopted Russia-style laws and many Georgians fear the government is distancing the country from the West and into Moscow’s orbit.

Persons: Diego Fedele, Salome Zourabichvili, Georgia’s, ”, Zourabichvili, Antonio López, White, Charles Michel, “, Irakli Kobakhidze, ” Hungary’s Victor Orbán, Tiko Gelashvili, Natia Seskuria Organizations: European Union, Georgian Dream Party, Getty, European, Sunday, Georgian, The United National Movement, Regional Institute for Security Studies, AP Locations: United States, Russia, Europe, Tbilisi, Georgian, Russian, Brussels, South Caucasus, ”, Georgia, Tiko, Georgia’s, Moscow, Soviet Union, Javakheti

☆ Microsoft calls out Google for running 'shadow campaigns' in Europe to influence regulators
▼ + stars: | 2024-10-28 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft took the unusual step on Monday of publicly criticizing longtime rival Google for running "shadow campaigns" in Europe designed to discredit the software giant with regulators. "This week an astroturf group organized by Google is launching," Microsoft lawyer Rima Alaily wrote. "We've been very public about our concerns with Microsoft's cloud licensing, a Google cloud spokesperson said in an email. Google funded the Coalition for Fair Software Licensing that last year asked the U.S. Federal Trade Commission to investigate Microsoft, Alaily wrote. WATCH: Google Cloud exec says Microsoft is in violation of EU antitrust laws

Persons: Rima Alaily, Alaily, Microsoft's, didn't Organizations: Microsoft, Google, Justice Department, Group, Open Cloud Coalition, DGA, European Commission, Amazon Web Services, Amazon, Coalition for, Software, U.S . Federal Trade Commission, Cloud Infrastructure Services Locations: Europe, U.S, Monday's

☆ Georgia’s president calls for rally to save ‘European future’ as thousands protest disputed election
▼ + stars: | 2024-10-28 | by ( Christian Edwards | ) edition.cnn.com time to read: +4 min

The Central Election Commission (CEC) said it had secured nearly 54% of the vote. Asked why she is refusing to recognize the results of the election, Zourabichvili said Georgian Dream had used “all the instruments” at its disposal to rig the election and called for an international investigation. Giorgi Arjevanidze/AFP/Getty ImagesThe election commission told CNN it received 445 district-level complaints of irregularities on election day. European leaders criticized the bill and have since frozen Georgia’s accession process, just months after it was offered EU candidate status. The UNM was founded by former President Mikheil Saakashvili, who has been jailed since 2021 for abuse of power while in office.

Persons: CNN —, Salome Zourabichvili, CNN’s Christiane Amanpour, Zourabichvili, –, ’, Bidzina Ivanishvili, Giorgi Arjevanidze, ”, authoritarians, Matthew Miller, ” Zourabichvili, Vladimir Putin, Zurab, Nicoloz Samkharadze, “, Ivanishvili –, Soviet Union –, Mikheil Saakashvili Organizations: CNN, Election Commission, Getty, Georgian, European Union, EU, United National Movement, UNM Locations: Soviet, Europe, Tbilisi, Russia, AFP, United States, Soviet Union, Georgia

☆ Election win for Russia-friendly party in Georgia sets the stage for protests and possible violence
▼ + stars: | 2024-10-28 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Citizens and Georgian Dream Party supporters, carrying flags of Georgia and the Georgian Dream Party, attend the Georgian Dream Party's election rally. Anadolu | Anadolu | Getty ImagesMass protests are expected in the Georgian capital of Tbilisi on Monday after the ruling, Russia-friendly party Georgian Dream claimed victory in a contentious parliamentary election this weekend. "We do not accept these stolen election results," stated Tina Bokuchava, the leader of Georgia's main opposition party, the United National Movement, at a press briefing late on Saturday. "It was a total fraud, a total taking away of your votes," Zourabichvili told reporters, flanked by Georgian opposition party leaders, in comments reported by Reuters. Supporters of the Georgian Dream party celebrate at the party's headquarters after the announcement of exit poll results in parliamentary elections, in Tbilisi, Georgia October 26, 2024.

Persons: that's, Salome Zurabishvili, Georgia's, Irakli Kobakhidze, Bidzina Ivanishvili, Tina Bokuchava, Vano Shlamov, Bokuchava, Bidzina, Zourabichvili, Timothy Ash, Ash, Ivanishvili, Dmitry Peskov, Peskov, Irakli Gedenidze, Antony Blinken, Blinken Organizations: Georgian Dream Party, Anadolu, Getty, Georgian, European Union, NATO, United National Movement, National Movement, Afp, Reuters, BlueBay Asset Management, Kremlin's, TASS, Google, OSCE Office, Democratic, Human, European Locations: Georgia, Georgian, Tbilisi, Russia, Soviet, Soviet Union, Russian, EU, Washington, Moscow, Europe, Tbilisi , Georgia, U.S

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