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☆ European luxury giants send warning signals around consumer spending
▼ + stars: | 2024-07-25 | 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 EmailEuropean luxury giants send warning signals around consumer spendingJavier Gonzalez Lastra, Investment Partner and Portfolio Manager at TEMA ETFs, discusses weak earnings from LVMH, Kering, and other luxury giants.

Persons: Javier Gonzalez Lastra Organizations: Investment Locations: TEMA, LVMH

☆ Want to cash in on emerging markets? Buy these ETFs, portfolio manager says
▼ + stars: | 2024-07-25 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

Interest in emerging markets has been growing and investors are now looking out for sectors and stocks best placed to benefit. "Emerging markets are too important to ignore," says Malcolm Dorson, a senior portfolio manager at the U.S.-headquartered Mirae Asset, which has around $600 billion in assets under management. "Emerging markets have a multi-decade story with significant opportunities. More than 4 billion people live across emerging markets, Dorson noted, adding that each country will have "significant domestic consumption stories [and] long-term opportunities." One of the simplest routes to investing in emerging markets is through exchange-traded funds.

Persons: Malcolm Dorson, Dorson, Javier, Milei Organizations: CNBC Pro, India Active, Global, India, Companies, Infosys, Reliance Industries, Tata Consultancy, U.S . Federal, Brazil Active, Brazil IMI, Argentina IMI, Fitch, IMI Locations: U.S, India, Brazil, Brazilian, FactSet, Argentina, American, Greece, Europe

☆ Spain's Santander posts 20% hike in net profit as retail business shines
▼ + stars: | 2024-07-24 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Banco Santander posted a 20% year-on-year hike in second-quarter net profit underpinned by growth in its retail, wealth and consumer activity, after firm revenues and margin management in Europe and Brazil. The company's net profit attributable to the parent group came in at 3.207 billion euros ($3.48 million), in line with a consensus from analysts polled by Reuters. Santander now expects revenues will hit high-single digit growth, from a previously forecast mid-single digit expansion. Other highlights included:Pre-tax profit: 4.925 billion euros in the second quarter, versus 4.258 billion euros in the same period of last year. Net interest income: 11.47 billion euros in the June quarter, compared with 10.52 billion euros in the same three-month stretch of last year — but below a 11.96% forecast for the second quarter of 2024 from analysts polled by Reuters.

Persons: Javier Milei, Ana Botin Organizations: Banco Santander, Reuters, Santander Locations: Europe, Brazil, Argentina

☆ Explaining how the Argentina-Morocco soccer match at the Olympics descended into a ‘circus’
▼ + stars: | 2024-07-24 | by ( Ali Rampling | ) www.nytimes.com time to read: +7 min

The Athletic explains exactly how the chaos unfolded and why…What happened during the Argentina vs Morocco match? There were wild scenes in the stands, with a number of cups and bottles thrown towards the celebrating Argentina players. (Arnaud Finistre/AFP via Getty Images)A small number of fans wearing Morocco colours ran onto the pitch and were chased by stewards. The official Olympics match blog also stated that the game had ended. Mascherano’s Argentina take on Iraq at the Groupama Stadium in Lyon, while Morocco are back at the Stade Geoffroy-Guichard to face Ukraine.

Persons: Cristian Medina’s, Stade Geoffroy, Guichard, Etienne, Rahimi, Giuliano Simeone, Diego, Medina, Nicolas Otamendi’s, Munir, Bruno Amione, Arnaud Finistre, Tullio M, Glenn Nyberg, Argentina’s Bruno Amione, Javier Mascherano, “, ”, Mascherano, Thiago Almada’s, It’s, Lionel Messi, Insolito, emoji, Enzo Fernandez, —, Fernandez, Amelie Oudea, Victoria Villarruel Organizations: Olympic, Stade, Morocco’s, Atletico Madrid, Getty, Olympics, News, FIFA, Olympic Games, Games, Argentina national, Argentina, French Football Federation, Copa America, Colombia, French, Premier League, Chelsea, Ukraine, Allianz Locations: Argentina, Morocco, Saint, Guichard, Medina, AFP, Egypt, Dominican Republic, Puglia, France, Chelsea, Iraq, Lyon, Ukraine, Nice

☆ Argentina vs. Morocco: Mascherano slams ‘circus’ as chaos descends on Paris Olympics opener
▼ + stars: | 2024-07-24 | by ( Andrew Mcnicol | David Close | ) edition.cnn.com time to read: +3 min

The chaos kicked off in the final moments of a lengthy added time, when Argentina’s Cristian Medina headed home in the 106th minute to apparently tie the game at 2-2 - sending Argentina players and fans into raptures. Match broadcasts showed some celebrating Argentina players ducking to avoid objects being thrown by fans toward the pitch, while some Morocco supporters entered the field. “It’s the biggest circus I’ve ever seen in my life,” Argentina coach Javier Mascherano said after the game, according to Reuters. It’s not a neighborhood tournament, it’s the Olympics.”CNN has reached out to the IOC and soccer’s world governing body FIFA for comment. Men’s soccer at the Olympics is played by under-23 teams, with three overage players allowed in each squad.

Persons: Javier Mascherano, ” Soufiane Rahimi, Etienne’s Stade Geoffroy, Guichard, Argentina’s Giuliano Simeone, Argentina’s Cristian Medina, ducking, “, ” Mascherano, It’s, ”, Lionel Messi, aren’t, Julian Alvarez, Nicolas Otamendi Organizations: CNN, Morocco, Paris Summer, Saint, Argentina, raptures, ”, Reuters, ” CNN, IOC, FIFA, Manchester City, Games Locations: Argentina, Morocco, ” Argentina, Liverpool, Barcelona, Paris

☆ Enzo Fernández: Fallout intensifies over soccer star and Argentina teammates singing racist chant about France
▼ + stars: | 2024-07-19 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

Julio Garro, Argentina’s undersecretary of sport, said on Argentine radio that national team captain Lionel Messi and Argentinian Football Association (AFA) president Claudio Tapia should apologize. That prompted the country’s president, Javier Milei, to sack Garro. “For this reason, Julio Garro ceases to be undersecretary of sports of the nation.”However, Garro later “categorically denied” asking Messi to apologize. In a separate post, Garro went on to thank Milei for letting him be part of his team. In his apology, Fernández said he was “caught up in the euphoria,” but Lloris insisted this was no excuse.

Persons: Enzo Fernández, Hugo Lloris, Fernández, ”, Julio Garro, Lionel Messi, Claudio Tapia, Javier Milei, Garro, ” Milei, “, Messi, Tapia, Victoria Villarruel, Violeta Santos Moura, Enzo, Lloris, Demba Ba, Peron, ’ Organizations: CNN, Argentina, Copa, Chelsea, French Football Federation, Argentinian Football Association, AFA, Argentine National Team, Reuters, Argentine national, BBC, Liberation Locations: France, Argentine, Argentina, South America, ”, aslyum

Risk is extreme Risk is high Risk is negligible Risk is medium Risk is high Risk is low Risk is high Risk is negligible Risk is negligible Risk is medium Risk is extreme Risk is high Risk is extreme Risk is extreme Risk is medium Risk is medium Risk is high Risk is high Risk is high Risk is extreme Risk is high Risk is low Risk is extreme Risk is extreme Risk is extreme Risk is low Risk is low Risk is negligible Risk is extreme Risk is high Risk is extreme Risk is negligible Risk is low Risk is high Risk is negligible Risk is negligible Risk is high Risk is extreme Risk is low Risk is extreme Risk is high Risk is high Risk is low Risk is extreme Risk is low Risk is medium Risk is extreme Risk is low Risk is negligible Risk is mediumIn a small apartment outside Madrid on Jan. 11, 2022, an argument over household chores turned violent when Lobna Hemid’s husband smashed a wooden shoe rack and used one of the broken pieces to beat her. Yes No N/AThe system produced a score for each victim: negligible risk, low risk, medium risk, high risk or extreme risk. Judges can serve as a check on the VioGén system, with the ability to intervene in cases and provide protective measures. The ministry declined to disclose the VioGén risk scores of the 247 who were killed. Of those, 55 had been classified as negligible risk or low risk.

Persons: Lobna, Hemid’s, Bouthaer el Banaisati, Hemid, —, VioGén, el Banaisati, Ana Maria Arevalo Gosen, Alice Fang Spanish, ”, Susana Pavlou, Juan José López, Jesús Melguizo, Antonio Pueyo, Pueyo, “, Mr, Juanjo Medina, “ We’re, Francisco Javier Curto, ” Francisco Javier Curto, The New York Times José, Sindicato, Serafín Giraldo, Escarraman, Stefany González Escarraman, Williams Escarraman, Escarraman’s, Eva Jaular, Jaular, Elisabeth, Ana María Arévalo, Luz, ” Luz, you’ve, María, it’s, Agudo, Ossorio, Fernando Grande, Amelia Franas, Police haven’t, Melguizo Organizations: Jan, The New York Times, VioGén, Interior Ministry, New York Times, Spanish, Council of, Mediterranean, of Gender Studies, The Times, University of Barcelona, Police, Basque Country, Times, University of Seville, United Association of Civil Guards, “, The New York Locations: Spain, Madrid, The New York Times Spain, United States, Netherlands, Britain, Canada, Germany, Catalonia, Basque, Seville, VioGén, Alicante, Liaño, Spanish, Southern Spain, Granada, Morocco

☆ In Argentina, a Catholic President and His Rabbi
▼ + stars: | 2024-07-18 | by ( Jack Nicas | Daniel Politi | ) www.nytimes.com time to read: +1 min

President Javier Milei of Argentina is a Catholic who leads Pope Francis’s native country. He also regularly studies the Torah, attends Shabbat dinner and has said that perhaps his most important adviser is his rabbi. Over the past several years, Mr. Milei has taken an intense and, among most world leaders, unusual interest in Judaism. Mr. Milei has pledged to move Argentina’s embassy in Israel to Jerusalem. And he has appointed his personal rabbi, Shimon Axel Wahnish, as Argentina’s ambassador to Israel.

Persons: Javier Milei, Pope Francis’s, Milei, Moses, Shimon Axel Wahnish Locations: Argentina, Argentine, Israel, Palestinian, Jerusalem

☆ ‘Twisters’ chose not to mention climate change. Here’s why
▼ + stars: | 2024-07-16 | by ( Thomas Page | ) edition.cnn.com time to read: +18 min

CNN —Like its titular tornados, “Twisters” blasts through a lot in its 122-minute runtime. Generally, scientists are the least certain about the connection between tornadoes and climate change as it’s unclear how warming temperatures are changing storms themselves or the outbreaks. Cathy, a local farmer, gripes that storms and floods are becoming more frequent, and the price of wheat more expensive, while stopping short of citing climate change. However, for a film populated by scientists and clued-in citizens to not mention climate change is a little like the twisters themselves: there’s a hole at the center. !”“Making a ‘Twisters’ movie in Tornado Alley during storm season, tornado season, it’s kind of perfect.

Persons: Glen Powell’s brawn, –, “, Lee Isaac Chung, “ We’ve, ”, Javi, Anthony Ramos, Kate, Daisy Edgar, Jones, ” Lee, Maura Tierney’s, Cathy, that’s, Lee, Glen Powell, Mark L, Smith, Joseph Kosinski, it’s, we’re, Kevin Costner, Yorgos, Matt Smith, Fabien Frankel, Anya Taylor, Joy, Max, George Miller, Chris Hemsworth, Samsik, Kang, ’, Nicola Coughlan, Luke Newton, Guy, Ryan Gosling, Emily Blunt, David Leitch, stuntmen, Jane Schoenbrun, Justice Smith, Brigette Lundy, Paine, Josh O'Connor, Idris Elba, Adam Pally, Hao Xuande, Sandra Oh, Chan, Henry Cavill, Alex Pettyfer, Guy Ritchie's, Guy Ritchie, Jerry Bruckheimer, Isabella Rossellini, Kristen Stewart, she's, Denis Villeneuve, Frank Herbert's, Jessica Chastain, Austin Butler, Ambika Mod, Leo Woodall, Molly Manning Walker, Bryan Cranston, Matthew Vaughn, Ava DuVernay, Aunjanue Ellis, Taylor, Paul Mescal, Andrew Scott, George Clooney, Pedro Alonso, Penelope Cruz, Laura Garello Ferrari, Adam Driver, Michael Mann, Emma Stone, Bella Baxter, Willem Dafoe, Mark Ruffalo, Ramy Youssef, Imelda Staunton, Dominic West, Ncuti Gatwa, Paul King, Hugh Grant's Oompa, Napoleon, Vanessa Kirby, Ridley Scott, Nicolas Cage, Emerald Fennell, Jacob Elordi, Priscilla, Sofia Coppola, Elvis Presley, Kitty Green, Justine Triet, Sandra Hüller, Palme, Ryu Seungryong, Oppenheimer, Christopher Nolan, Cillian Murphy, Robert Downey Jr, Margot Robbie, Ken, Greta Gerwig, Mattel, Tom Cruise, Christopher McQuarrie, Simon Pegg, Scarlett Johansson, Jason Schwartzman, Adrien Brody, Jeffrey Wright, Wes Anderson, Celine Song, Greta Lee, Halle Bailey, Javier Bardem, Kim Woo, Seung, Cho Ui, seok, Jan de Bont’s, ” Glen Powell, Melinda Sue Gordon, Ramos, Powell, everybody’s weirdly, ” Powell, Tyler Owens, “ I’m, anyone’s Organizations: CNN, ”, Universal Pictures, Warner Bros ., CNN CNN, Ungentlemanly, “ Locations: Midwest, Oklahoma, Arkansas, Korea, Modena, Palme d'Or, “

☆ New York Philharmonic Chief Abruptly Steps Down
▼ + stars: | 2024-07-11 | by ( Javier C. Hernández | ) www.nytimes.com time to read: +1 min

Gary Ginstling, the New York Philharmonic’s president and chief executive, abruptly resigned on Thursday after just a year on the job, leaving the orchestra in limbo as it grapples with challenges including an investigation into its workplace culture after two players were accused of misconduct. His departure comes as the orchestra’s musicians and the administration are in the midst of heated talks over a new labor contract; the current agreement expires in September. The musicians have been seeking large wage increases. As the orchestra prepares for its 2024-25 season, it is facing another leadership void: It will not have a music director. Jaap van Zweden’s six-year tenure comes to an end this summer, and his successor, the star conductor Gustavo Dudamel, does not start in the role until 2026.

Persons: Gary Ginstling, Jaap van Zweden’s, Gustavo Dudamel, Peter W, Oscar L . Tang, Deborah Borda Organizations: York, Philharmonic

☆ Argentina once led on LGBTQ rights. After 4 lesbians are set on fire, critics turn on Milei
▼ + stars: | 2024-07-06 | by ( Michael Rios | ) edition.cnn.com time to read: +10 min

CNN —It was an attack that sent shockwaves through a country long considered a pioneer in LGBTQ rights. Local LGBTQ rights advocates condemned the attack as a hate crime and lesbicide, saying the women were targeted because of their sexual identity. After taking office in December, Milei took steps that critics say weakened protections for LGBTQ groups. The recent attacks have galvanized activists to fight for new policies and actions that would further protect LGBTQ rights. He also said that to reduce attacks on LGBTQ communities, their voices and demands should be amplified in more societal sectors.

Persons: Pamela Fabiana Cobas, Mercedes Roxana Figueroa, Andrea Amarante, Sofía Castro Riglo, Pamela, Roxana, Andrea, Sofía, Gabriela Conder, “, ” Conder, aren’t, Javier Milei, ”, Maria Rachid, –, ” Rachid, Juan Mabromata, Milei, Diana Mondino, Don’t, Martin Cossarini, ” Esteban Paulón, ” “, Jesi Hernández, Barracas, Rachid, ” Hernández, Sofia, Conder, Manuel Adorni, ” Adorni, Adorni, lesbicide, Paulón, Hernández Organizations: CNN, Local, Police, Argentine LGBT Federation, Getty, I’m, Ministry of Women, Ministry of Human, Justice, Pride, Reuters, ” CNN, National Observatory, Progressives, University of San Locations: Argentina, Barracas, Buenos Aires, Conder, AFP, “, Sofia’s, Argentina Argentina, America, University of San Andrés

☆ US and Panama sign agreement that aims to close the Darién Gap to ‘illegal migrants’
▼ + stars: | 2024-07-01 | by ( Abel Alvarado | Omar Fajardo | ) edition.cnn.com time to read: +3 min

CNN —The US and Panama have signed an agreement on immigration issues that aims to “close the passage of illegal migrants” through the Darién Gap, the Central American government announced Monday. Panama is home to the Darién Gap, a mountainous rainforest region connecting South and Central America, that has seen an increase in the number of migrants willing to risk their lives and safety to cross it. The 66-mile (106-kilometer) hike through the Darien Gap brings migrants from Colombia to Panama and is a crucial passage for those hoping to reach the United States and Canada. “The Darién must continue to be a great green lung, not only for us but for the entire region. Its biodiversity cannot be put at risk by illicit activities.”Panamanian figures show at least 174,513 migrants crossed the treacherous Darién Gap, from January to June 6 of this year.

Persons: “, Javier Martínez, Alejandro Mayorcas, Jose Raul Mulino, ” Mulino, ”, he’s Organizations: CNN, Central American, Panamanian Foreign, Acha, of Homeland Security, United, Central America, Central, Migration Service Locations: Panama, Darién, ” Panama, South, Central, Darien, Colombia, United States, Canada, Central American, “, “ Panama

☆ Mikhail Baryshnikov on Leaving Everything Behind
▼ + stars: | 2024-06-28 | by ( Javier C. Hernández | ) www.nytimes.com time to read: 1 min

On the night of June 29, 1974, after a performance with a touring Bolshoi Ballet troupe in downtown Toronto, Mikhail Baryshnikov made his way out a stage door, past a throng of fans and began to run. Baryshnikov, then 26 and already one of ballet’s brightest stars, had made the momentous decision to defect from the Soviet Union and build a career in the West. agents — and audience members seeking autographs — as he rushed to meet a group of Canadian and American friends waiting in a car a few blocks away. “That car took me to the free world,” Baryshnikov, 76, recalled in a recent interview. “Soviet Dancer in Canada Defects on Bolshoi Tour,” The New York Times declared on its front page.

Persons: Mikhail Baryshnikov, Baryshnikov, —, ” Baryshnikov Organizations: Bolshoi Ballet, Tour, The New York Times Locations: Toronto, Soviet Union, West, Soviet, Canada

☆ Why soccer players are demanding change to a calendar that has left them ‘at the limit’
▼ + stars: | 2024-06-27 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +10 min

FIFPRO‘An industry-wide issue’European club teams are preparing for a revamped UEFA Champions League – the most prestigious competition in European club soccer – which will see teams play at least an additional two games. Manchester City hoist the Club World Cup trophy in December 2023. Conflict between national teams and clubs over minutes could arise, star players could see the field less and league structures would have to change. Over 40% of World Cup players surveyed by Football Benchmark said that they experienced extreme or increased mental fatigue after the tournament. Instead, it’s the calendar and consultation process that need to change for those in the game.

Persons: England CNN —, “, Maheta Molango, ” Molango, Amr Abdallah Dalsh, ”, Javier Tebas, Molango, Vinícius Júnior, Ballon d’Or, Ronaldinho, Jude Bellingham, Florencia Tan Jun, Wayne Rooney –, –, David Beckham, Takumi Minamino, Simon Brundish, Harry Kane, Kylian Mbappe, Brundish, ” Brundish, Kevin C, Cox, David Terrier, ’ That’s, Richard Masters, you’re, Umberto Calcagno, FIFPRO, Jorge Mas, Lionel Messi, Henry Winter Organizations: England CNN, FIFPRO, ’ Association, PFA, CNN Sport, UEFA, League, FIFA Club, Manchester City, Reuters, La Liga, FIFA, des, Associazione Italiana Calciatori, CNN, Super League, Copa, Champions League, Vinícius, Madrid, Bellingham, Manchester United, Japan, French, AS Monaco, Sports, France, Football Benchmark, Premier League Chief, AIC, Inter Miami Locations: London, England, Wales, U.S, Canada, Mexico, Manchester, Europe, Real Madrid, Brazil, Bellingham, Qatar

☆ Discord at the Symphony: Losing a Star, San Francisco Weighs Its Future
▼ + stars: | 2024-06-24 | by ( Robin Pogrebin | Javier C. Hernández | ) www.nytimes.com time to read: +1 min

For a night at the symphony, there was a lot of tension in the air. The evening’s program was just the sort of thing he had promised when he was hired with a mandate to rethink the concert experience: Ravel’s charming “Mother Goose” brought to life by dancers from Alonzo King’s LINES Ballet, and then Schoenberg’s nightmarish “Erwartung” staged by the director Peter Sellars. His decision to leave once his contract is up next year has upset fans — “Who he is and what he brings can’t be replicated,” Mark Malaspina, an audience member, lamented as he entered the hall — and left some concerned about the future of the 113-year-old San Francisco Symphony. “An orchestra that was in very good shape is now in crisis,” said Peter Pastreich, a longtime arts administrator who managed the San Francisco Symphony from 1978 to 1999. “It is heartbreaking to watch.”

Persons: concertgoers, Pekka Salonen’s, Goose ”, Alonzo King’s, ”, Peter Sellars, —, ” Mark Malaspina, Peter Pastreich Organizations: Davies Symphony, San Francisco Symphony, Ballet

☆ Tesla sells out of its most expensive liquor yet — a $450 bottle of mezcal
▼ + stars: | 2024-06-17 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Tesla launched a $450 lightning-shaped bottle of mezcal, its priciest alcohol yet. The hand-blown bottle, inspired by Oaxaca pottery, features a sleek, black finish. Previous Tesla alcohol releases include Cyberbeer, GigaBier, and a $250 Tesla Tequila. AdvertisementTesla announced its most expensive alcohol yet earlier this month: a $450 lightning-shaped bottle of mezcal. Announced on June 6, Tesla Mezcal has since sold out, according to the listing.

Persons: Tesla, —, Tesla Mezcal, Javier Verdura Organizations: Service, Business Locations: Oaxaca, Mexico

☆ G7 confronts China on commerce, pope talks about AI
▼ + stars: | 2024-06-15 | by ( ) www.cnbc.com time to read: +2 min

Italian Premier Giorgia Meloni receives Pope Francis as he arrives at the G7 Leaders Summit on day two of the 50th G7 summit at Borgo Egnazia on June 14, 2024 in Fasano, Italy. Pope Francis made an historic appearance at the Group of Seven summit on Friday to speak about the pros and cons of artificial intelligence, while G7 leaders also pledged to tackle what they said were harmful business practices by China. Italian Prime Minister Giorgia Meloni, the summit host, invited the pope and other heads of state and government, including the prime minister of India and the king of Jordan, in an effort to show the G7 was not an aloof, exclusive club. "We will never accept the narrative that wants the 'West against the rest'," Meloni told the meeting on Friday. The G7 also warned of action against Chinese financial institutions that helped Russia obtain weapons for its war against Ukraine.

Persons: Giorgia Meloni, Pope Francis, Jordan, Meloni, Joe Biden, Javier Milei Organizations: G7, Borgo Egnazia, U.S, Ukraine Locations: Borgo, Fasano, Italy, China, Italian, India, Argentine, United States, Britain, France, Germany, Japan, Canada, Russia, Washington, Taiwan, Philippines

☆ Argentina's Senate passes Milei's economic reform bill as protesters clash with riot police
▼ + stars: | 2024-06-13 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Aerial view of a fire during a protest outside the National Congress in Buenos Aires on June 12, 2024. Argentina's Senate narrowly passed President Javier Milei's sweeping economic reform bill, delivering a tentative legislative victory to the right-wing leader even as protesters clashed with riot police. Lawmakers in Argentina's upper house on Wednesday voted 37 to 36 to approve the bill after a marathon debate, with Vice President and head of the Senate Victoria Villarruel casting the deciding vote in favor of Milei's economic measures. The reform bill is a core tenet of Milei's push to revive the country's crisis-stricken economy. "Today there are two Argentinas," Argentina's vice president said, according to Reuters.

Persons: Javier Milei's, Senate Victoria Villarruel, Villarruel Organizations: National Congress, Argentina's, Lawmakers, Senate Victoria, Getty, Buenos Aires Times, Reuters Locations: Buenos Aires, Argentina

Buenos Aires CNN —Police in Argentina clashed Tuesday with anti-government protesters outside Congress, where senators were scheduled to debate a bill on government and economic reforms proposed by libertarian President Javier Milei. A CNN en Español team on the ground witnessed police using water cannons and tear gas to disperse the crowd, while protesters were seen hurling objects back at police. A car belonging to a TV station was overturned and set on fire before it was extinguished by firefighters. A demonstrator reacts during a protest near Argentina's National Congress, on the day senators debate President Javier Milei's economic reform bill, in Buenos Aires on June 12. Mariana Nedelcu/ReutersDemonstrators from various social groups and unions had gathered there to voice their opposition to the proposed reforms.

Persons: Javier Milei, Javier Milei's, Mariana Nedelcu Organizations: Buenos Aires CNN — Police, CNN, Argentina's National, Reuters Locations: Buenos Aires, Argentina, Congress

☆ Vinícius Jr.: Spanish court orders prison time for soccer fans over racist abuse toward Real Madrid star
▼ + stars: | 2024-06-11 | by ( Kevin Dotson | Patrick Sung | ) edition.cnn.com time to read: +3 min

Thank you to La Liga and Real Madrid for helping with this historic conviction.”The Brazilian vowed to keep using his platform to fight racism. “The three defendants acknowledged their criminal liability and have released an apology letter addressed to our player Vinícius Jr., to Real Madrid C.F. and to everyone else who felt offended and degraded by their behavior,” Real Madrid said in a statement. “La Liga will identify them, report them and there will be criminal consequences for them.”Global soccer’s governing body FIFA also praised the news. “I am pleased to see the firm action and sentencing taken by the Spanish authorities in relation to the racist abuse directed at Vinícius Jr in a Spanish La Liga match in May 2023.

Persons: CNN —, Vinícius, Vinícius Jr, “, I’ve, I’m, ”, Pierre, Philippe Marcou, Javier Tebas, Gianni Infantino, Infantino Organizations: CNN, Real Madrid, La Liga, Valencia CF, Spanish, LaLiga, Royal Spanish Football Federation, Liga, Getty, ” Real, ”, FIFA Locations: Valencia, Spain, Real, Real Madrid, AFP, ” Real Madrid, Spanish

☆ It's showtime for Apple, and we're expecting news on its AI plans and a big partnership
▼ + stars: | 2024-06-10 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're giving a preview of what to expect at Apple's annual event . The big storyApple's AI unveilingApple CEO Tim Cook at the Worldwide Developers Conference in 2023. Josh Edelson/AFP Getty ImagesApple kicks off its big event today from a unique spot: behind. AdvertisementBut when CEO Tim Cook takes the stage for his keynote address this afternoon, it'll be about catching up with Apple's fellow Big Tech peers. It wouldn't be the first time Apple announced a deal with a fellow tech company that has massive implications , writes BI's Hasan Chowdhury.

Persons: —, Larry Connor, Tim Cook, Josh Edelson, Insider's Jordan Hart, BI's Hasan Chowdhury, Monica Schipper, Nordin Catic, Tyler Le, Sam Altman, OpenAI, Apple, Satya Nadella, Altman, Alyssa Powell, Chelsea Jia Feng, Andrii Sedykh, Javier Zayas, Abanti Chowdhury, They're, Gen, isn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Business, showtime, Apple, Worldwide, Developers, Big Tech, Google, Microsoft, Getty, Getty Images, Taiwan Semiconductor Manufacturing Company, Amazon Locations: India, Mexico, Burazin, New York, London

☆ How recent elections are shaking up investments in emerging markets like India and Mexico
▼ + stars: | 2024-06-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

Emerging markets investors have had a bumpy week after surprising election results seem to have caught at least some traders off guard. Between now and Nov. 5 are almost all negative potential risks in Mexico," Joshi added. Elsewhere in the world There are other lingering political issues that could affect emerging market investing. And for investors in broad emerging markets funds, even positive developments in some of these countries can be overshadowed by what happens in China. "It's a very large weight so it's going to drive the emerging market index quite a bit.

Persons: Narendra Modi, Modi, Aastha Gudwani, Angus Shillington, Shillington, Adam Turnquist, We've, Turnquist, Claudia Sheinbaum, Andres Manual Lopez, Morgan Stanley's Nikolaj Lippmann, Arif Joshi, Joshi, Sheinbaum, Lopez, Claudia, Polina Kurdyavko, Javier Milei, Alejandra Grindal, Ned Davis, Grindal, — CNBC's Michael Bloom Organizations: Indian, Bank of America India, CNBC, LPL, Lazard Asset, RBC Global Asset Management, Ned, Ned Davis Research, Federal Reserve Locations: India, Mexico, South Asia, VanEck, U.S, Morena, South Africa, Argentina, China

☆ World likely to blast beyond grim warming milestone in the next five years, UN weather agency says
▼ + stars: | 2024-06-05 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

That's a stark change from 2015, when the WMO considered the prospect of temporarily overshooting 1.5 degrees Celsius close to zero. The 1.5 degrees Celsius limit is the aspirational target of the landmark Paris Agreement, an international treaty on climate change that was adopted in 2015. Scientists say that exceeding this temperature threshold over the long term will lead to increasingly frequent and catastrophic extreme weather events. António Guterres United Nations Secretary-GeneralEven at current levels of global warming, there are already devastating climate change impacts. Guterres said that the battle to limit long-term temperatures to 1.5 degrees Celsius will be won or lost in the 2020s under the watch of today's world leaders.

Persons: Javier Torres, António Guterres, Guterres, Antonio Guterres, Charly Triballeau, Angelos Tzortzinis Organizations: Afp, Getty, United Nations, World Meteorological Organization, WMO, UN, American Museum of Locations: Quilpue comune, Valparaiso region, Chile, Paris, Russian, New York, Italy, Athens

☆ Argentina’s 'anarcho capitalist' Milei meets with Sam Altman, Tim Cook and Sundar Pichai in a bid to spur investment
▼ + stars: | 2024-05-30 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

Argentina's President Javier Milei waves during the commemoration of the 214th anniversary of the May Revolution that led to the independence from Spain, at Plaza San Martin in Cordoba, Argentina, on May 25, 2024. On his seventh overseas trip since taking office late last year, Argentina's Milei traveled to San Francisco late Monday and has since met with OpenAI CEO Sam Altman, Google's Sundar Pichai and Apple CEO Tim Cook. The right-wing leader, and self-described "anarcho capitalist," is scheduled to meet with Meta CEO Mark Zuckerberg before departing from the U.S. on Friday. On a separate trip to the U.S. last month, Milei met with tech billionaire Elon Musk at a Tesla electric car factory in Austin, Texas. The growth of AI data centres will also require significant energy and water resources, of which Argentina has in abundance."

Persons: Javier Milei, Diego Lima, Argentina's Milei, Sam Altman, Google's Sundar Pichai, Tim Cook, Mark Zuckerberg, Milei, Elon Musk, Nicolas Saldias, Saldias, Mariano Machado, Verisk Maplecroft, We're, " Machado, Javier Milei's, Luis Robayo Organizations: Plaza San, Afp, Getty, Apple, Meta, U.S, Analysts, America, Economist Intelligence Unit, CNBC, Americas, Verisk Locations: Spain, Plaza San Martin, Cordoba, Argentina, San Francisco, U.S, Austin , Texas, Olivos, Buenos Aires Province

☆ Opinion: To those world leaders privately rooting for Biden — now is your chance
▼ + stars: | 2024-05-30 | by ( Opinion Arick Wierson | ) edition.cnn.com time to read: +6 min

And among those watching most closely are world leaders near and far. Of course, world leaders have generally stayed mum on the issue of which man they prefer – although I would wager that most favor the status quo over a return to the raucous years of Trump’s presidency. Some world leaders have already signaled their aversion to another Trump presidency. But for these foreign leaders, coming out against Trump is a move that is chock full of risks. The stakes in this election are too high for global leaders to stay mum.

Persons: Michael Bloomberg, Read, Joe Biden, Donald Trump, Biden “, ”, Trump, Trump’s, “, Hank Sheinkopf, Biden, Javier Milei, Israel’s Netanyahu, Victor Orbán, Russia’s Vladimir Putin, it’s, Justin Trudeau, isn’t, Brazil’s Luiz Inácio Lula da Silva, octogenarian Biden, “ Trump, Sheinkopf, Don’t, Team Biden, — Organizations: New York, CNN, Trump, NATO, “, Biden, Canadian, Worker’s Party, Team Trump, Team Locations: United States, Latin America, Africa, America, Asia, China, Argentina, Hungary, Brazilian, Gaza, Brazil, Russia, India, South Africa, Washington

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