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☆ Europe faces a 'full-blown recession' under Trump's tariffs, big bank says
▼ + stars: | 2024-11-11 | by ( Polly Thompson | Will Martin | ) www.businessinsider.com time to read: +3 min

Europe could fall into recession in 2025 under Trump's economic proposals, a major EU bank said. AdvertisementThe eurozone economy faces the possibility of a looming recession as tariffs promised by President-elect Trump look set to dampen growth, according to analysts at a Dutch bank. Trump pledged on the campaign trail to impose a fresh era of trade tariffs, building on policies he enacted during his first term as president. European Union economic growth is already struggling, and has lagged behind the US in recent years. He said Europe's economic challenges, including high energy costs, sluggish economic growth, and geopolitical instability, would only get worse in the event of a tariff battle with the US.

Persons: —, Trump, James Knightley, Nigel Green, Green Organizations: ING, Service, Trump, deVere Locations: Europe, China, Europe's, Ukraine, NATO

☆ Ukraine says it cracked open a Russian decoy drone used to fool air defenses and found Western parts inside
▼ + stars: | 2024-11-11 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Ukraine said Monday that Russia has been using decoy drones to try and overwhelm its air defenses. Ukraine said it examined a Russian decoy drone and found Western-made parts inside of it. AdvertisementThe Ukrainian military said on Monday that it found Western-made parts inside a Russian decoy drone that was used in an attack over the weekend. However, the decoy drone — which Ukraine calls "Parody" — can apparently mimic the radar signature of a Shahed in a bid to confuse Kyiv's air defenses with fake targets. AdvertisementA look inside a Russian decoy drone.

Persons: —, HUR, Mihai Popșoi Organizations: Monday, Service, Defense Intelligence, Ministry of Defense, Ukraine, Telegram Russia, Getty Locations: Ukraine, Russia, Moldova, NATO, Europe, Iran, Tehran, Belarus, Moldovan

CNN —Since September 1, the Ukrainian capital Kyiv has been spared from Russian drone attacks on just one night – October 14. On Saturday night, Ukrainian air defenses detected a record 145 incoming Shahed drones. “We have been doing this for over two years,” he said, but the intensity of drone attacks had peaked over the past two to three months. The drone attacks seem calculated to instil fear rather than cause mass casualties, but several people have been killed in recent weeks. Russian forces already occupy almost all of Luhansk and substantial parts of Donetsk, Zaporizhzhia and Kherson – altogether some 20% of Ukraine.

Persons: Viktoria Kovalchuk, Teo, ” Kovalchuk, Victoria Kovalchuk, Kovalchuk, Maksym, ”, Bridges, Konstantin Usov, don’t, Usov, Yuriy Chumak, Chumak, “, Mariya Troyanivska, Oleksander Syrskyi, Genya Savilov, Konrad Muzyka, Muzyka, Syrskyi, ” Muzyka, Lloyd Austin, Stringer, Reuters Rym, Montaz, Richard Haass, ” Haas, Andrii Sybiha, Donald Trump’s, Trump, JD Vance, Volodymyr Zelensky, hasn’t Organizations: CNN, Ukraine’s, Kyiv International Institute of Sociology, 43 Artillery Brigade, Getty, Rochan Consulting, US, Reuters, Carnegie Endowment, International, Kyiv, Russian, Foreign Affairs, Kherson –, NATO Locations: Ukrainian, Kyiv, Ukraine, Europe, Kharkiv, Zaporizhzhia, Russian, Donetsk, Dnipro, Pokrovsk, AFP, Kursk, Russia, Toretsk, Washington, Luhansk, Kherson, “, Moscow

☆ Trump is already wielding power and causing massive disruption
▼ + stars: | 2024-11-11 | by ( Stephen Collinson | Trump S Determination To Project Peerless Authority Is Playing Out On Multiple Fronts | ) edition.cnn.com time to read: +11 min

Democrats are, meanwhile, coming to terms with the massive fallout of their failure to stop Trump’s return to power, even as they dissolve into self-recrimination. They lack a clear leader to revive their message or a platform of power if Republicans retain control of the House. Establishing dominance over Washington Republicans: Trump has been mostly behind closed doors since his victory rally last week. Trump is promising to return to the volatile foreign policy that defined his first term — and then some. The conundrum facing US allies was laid out by French President Emmanuel Macron, who rode the Trump first-term rollercoaster.

Persons: Donald Trump, Trump, —, Mike Pompeo, Nikki Haley, Elise Stefanik, rouser Elon Musk, Volodymyr Zelensky —, Joe Biden —, Susie Wiles, Pompeo, Haley, Roger Stone, MAGA, “, ” Trump, Tony Carrk, Elect Trump, Florida Sen, Rick Scott —, Vivek Ramaswamy —, Dakota Sen, John Thune, Texas Sen, John Cornyn, Thune, Cornyn, ”, Washington, trepidation, Jim Jordan, Dana Bash, Jordan, Jack Smith, Musk, Trump —, Vladimir Putin, Emmanuel Macron, Macron, ” Macron Organizations: CNN, White, Republicans, GOP, United, New York, Trump, Pentagon, Overseas, peerless, CIA, South Carolina governor’s, Washington Republicans, Republican, United States, Democrats, Union, Ohio Republican, SpaceX Locations: Florida, United Nations, Europe, Taiwan, Iran, Russia, United States, Arizona, Washington, South Carolina, New York, ., Dakota, Texas, “ State, China

☆ Princess of Wales attends Remembrance events with royal family
▼ + stars: | 2024-11-10 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +6 min

London CNN —Catherine, Princess of Wales joined the royal family as they paid their respects to all those who have lost their lives in conflicts at the annual Remembrance Day service in London on Sunday. Prince William also left a floral tribute, featuring the Prince of Wales feathers and a new ribbon in Welsh red, at the war memorial. Toby Melville/ReutersWorld War II veterans Alec Penstone and Mervyn Kersh meet on Horse Guards Parade ahead of the Royal British Legion’s march past the Cenotaph. Kate, 42, announced she was cancer free in September and would be taking a phased approach to resuming public royal duties. The Princess of Wales joined , Britain's Prince William, Prince of Wales, Britain's King Charles and Britain's Princess Anne, Princess Royal attend "The Royal British Legion Festival of Remembrance" at the Royal Albert Hall in London, Britain, November 9, 2024.

Persons: London CNN — Catherine, Princess of Wales, King Charles III, “, King George VI, Prince William, Prince, King Charles, Chris Jackson, James Manning, Kate, Sophie , Duchess, Prince Edward , Princess Anne, Sir Tim Laurence, Duke, Duchess of Gloucester, Duke of Kent, –, Ben, Keir Starmer, Conservative Party Kemi Badenoch, John Major, Tony Blair, Gordon Brown, David Cameron, Theresa May, Boris Johnson, Liz Truss, Sunak, Kemi Badenoch, Toby Melville, Alec Penstone, Mervyn Kersh, Jaimi Joy, Princess, Wales, William, Royal Albert, Britain's Prince William , Prince of Wales, Britain's King Charles, Britain's Princess Anne, Princess Royal, Chris J, Camilla, Buckingham, I’m, King, Charles Organizations: London CNN, Royal Air Force, Foreign, Commonwealth, Development Office, Conservative Party, British, Reuters, Horse Guards, Royal, Windsor, Royal British Legion Festival of, Royal Albert Hall, Commonwealth Armed Forces personnel, NATO, Royal British Legion Festival, REUTERS, CNN’s Royal, Food Locations: London, Whitehall, Downing, Wales, Edinburgh, Royal British, Southport, England, Normandy, Kosovo, Afghanistan, Britain, Ratcliffe, Wiltshire, South Africa

☆ US vs. Chinese replenishment ships: The workhorses that keep aircraft carriers operating
▼ + stars: | 2024-11-10 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +12 min

Yet for all their importance, their missions would be impossible if not for the US Navy's unsung workhorses: replenishment ships. But replenishment ships also form the weakest link in the chain of American and Chinese carrier groups. Chow Chung-yan/South China Morning Post via Getty ImageChina's replenishment shipsThe US Navy has over 100 years of experience building and operating replenishment ships. Ultimately, the Chinese opted to pursue a new design for its next replenishment ships: the Type 903-class oiler. China has the largest shipbuilding industry in the world, however, enabling it to quickly build more oilers and convert some of its merchant ships into replenishment ships.

Persons: —, Jason R, Henry J, Kaiser refuels, Kenan O'Connor, Kaiser, Lewis, Clark, Dwight D, Eisenhower, Cole Keller, John Lewis, Harvey Milk, Earl Warren —, USNS Robert F, Kennedy, Chow Chung, Michael Singley, Chaganhu, Benjamin Brimelow Organizations: Service, US, Supply, Military Sealift Command, US Navy, Military Sealift Command's Combat Logistics Force, MSC, FAS, USNS Supply, Navy, General Dynamics, USNS, General Dynamics's National Steel and Shipbuilding Company, China Morning, Soviet Navy, NATO, USS Supply, Japanese Ministry of Defense, Sealift Command, Big, Global Affairs, Fletcher School of Law, Diplomacy, Business, Modern, Institute Locations: China, Red, Getty, Ukraine, Gulf, Aden, Shandong, Taiwan, Guam, South China, Pacific, USNS Pecos, Israel, Iran, West

☆ Russian forces suffered an average of over 1,500 casualties a day in October for 'tiny increments of land,' UK official says
▼ + stars: | 2024-11-10 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

October saw Russia hit with its highest average daily casualties since the war in Ukraine began, a UK offical said. The UK's Chief of Defence Staff said Russia suffered around 1,500 killed or injured each day. Thousands of North Korean troops are now bolstering Russian President Vladimir Putin's forces. Russian forces were bolstered by the arrival of thousands of North Korean soldiers in October, Western officials have said. AdvertisementReports of Ukrainian and North Korean troops' first clashes in Russia's Kursk region emerged earlier this week.

Persons: offical, Vladimir Putin's, —, Tony Radakin, Laura Kuenssberg, Mark Rutte, Vladimir Putin, Kim Jong, Gavriil, Kuenssberg, Radakin, Alexandra Prokopenko, Prokopenko, Donald Trump's Organizations: Defence Staff, Service, Ukraine's Ministry of Defense, General Staff, Ukrainian Armed Forces, NATO, North, AFP, Carnegie Russia Eurasia Center, Financial Locations: Russia, Ukraine, Russia's Kursk, Russian, Europe

☆ Large group of Russian and North Korean forces prepared to retake Russia’s Kursk region from Ukraine
▼ + stars: | 2024-11-10 | by ( Alex Marquardt | ) edition.cnn.com time to read: +4 min

Ukrainian President Volodymyr Zelensky said Thursday that about 11,000 North Korean soldiers are in the region, where Ukraine’s three-month military incursion into Russian territory has stalled. The New York Times reported Sunday that some 50,000 Russia and North Korean troops are set to take part in the assault. Reports that North Korea was sending troops to Russia began appearing last month, though both countries dismissed the allegations at the time. Russia and North Korea, both pariahs in the West, have forged increasingly friendly ties since Moscow’s 2022 invasion of Ukraine. Ukraine invaded the Kursk region over the summer, shocking Russia, in the first invasion of the country since World War II.

Persons: Volodymyr Zelensky, hasn’t, Donald Trump, Trump, Ohio Sen, JD Vance, Vladimir Putin, ” Trump, Zelensky, Elon Musk, Biden, CNN’s Jack Forrest, Helen Regan, Svitlana Vlasova, Tara John, Victoria Butenko, Nic Robertson, Kristen Holmes, Natasha Bertrand, Haley Britzky, Oren Liebermann Organizations: CNN, Russia, Sunday, The New York Times, Ukraine, US, NATO, Republican, Pentagon Locations: Russia’s Kursk, Russia, North, Korea, North Korea, Ukraine, Kursk, Moscow, Budapest, Kyiv, “, Ukrainian

☆ Qatar threatens Hamas with expulsion, officials say
▼ + stars: | 2024-11-09 | by ( Keir Simmons | Gabe Gutierrez | ) www.nbcnews.com time to read: +7 min

As a consequence, the Hamas political office no longer serves its purpose." Qatar agreed and told Hamas’ political leaders about the decision about 10 days ago, the U.S. official said. A Hamas official contacted for comment did not respond. “Its recent behavior dealing with Hamas is telling.”Israeli Prime Minister Benjamin Netanyahu and other Israeli officials have also criticized Qatar for not forcing Hamas into an agreement. Hamas’ leadership is divided between a military wing, based in Gaza, and the political bureau, whose top officials have been based in Qatar.

Persons: ”, Biden, Israel, Yahya Sinwar, “, Mohammed bin Abdulrahman, Thani, Karim Jaafar, Trump, Hersh Goldberg, Khaled Meshal, —, ’, Abdel Kareem Hana, Sen, Rick Scott, Qatar’s, ” Scott, Benjamin Netanyahu, NATO Ally, Ismail Haniyeh, Masoud Pezeshkian Organizations: NBC, Hamas, Qatar, U.S, Qatari, Qatar's, Getty, U.S ., NBC News, Biden Administration, NATO, Foreign Relations, President Locations: Israel, U.S, Qatar, Gaza, Egypt, Thani, AFP, Doha, Cairo, Deir al, Turkey, United States, Washington, New York, Tehran, Iran, Lebanon

☆ A worsening kind of Russian warfare was on display in the US presidential election, but it's a much bigger problem
▼ + stars: | 2024-11-09 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

Russia's hybrid warfare tactics against the US and Europe are reaching new levels. AdvertisementRussian disinformation and interference — hybrid warfare tactics — are on the rise and again showed up in the US presidential election, but this is a problem for more than just America. Russian tactics were on full display in the 2024 US presidential election. AdvertisementMore than an American problemThis hybrid warfare is a broader problem for other Western countries, too. Moldova's pro-EU incumbent president, Maia Sandu, won reelection despite Russian efforts to sway the election.

Persons: —, Mark Rutte, Clinton, Mikhail Svetlov, it's, Doug Livermore, Donald Trump, Lev Radin, Trump, Livermore, Russia's, Maia Sandu, Daniel MIHAILESCU, Harris, Kamala Harris, Joe Biden, aren't Organizations: Service, NATO, FBI, State, intel, Getty, Irregular Warfare, National Intelligence Council, US intel, Infrastructure Security Agency, Ukraine, Moldovan, Union, Xinhua News Agency Locations: Europe, Russia, Moscow, Russian, Washington, China, Iran, US, Republic of Georgia's, France, Germany, AFP, Beijing, North Korea, America

☆ Trump will shake the world up. Maybe that’s what it needs
▼ + stars: | 2024-11-09 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +9 min

To be clear: Trump does not inherit a world at peace, where America’s unquestioning role as a beacon of freedom and moral superiority has brought enduring calm. Yet Tehran now has experience of Trump as someone willing to be wildly incautious and unafraid of international norms. As President Joe Biden - who did all he could to avoid war with Iran - leaves power, Iran looks incredibly weak. But in the current moment we are at in the war, Ukraine is equally in need of time to regroup and rearm. Does Putin risk Trump taking greater personal offense if that same deal is later betrayed, and their entente exposed as a sham?

Persons: Donald Trump’s, George W, Bush, Pervez Musharraf, Trump, America’s, Benjamin Netanyahu, Alex Brandon, Vladimir Putin, Biden, Qasem Soleimani, Netanyahu, Joe Biden, Xi Jinping, Nina Liashonok, Volodymyr Zelensky, ”, Putin, bode Organizations: CNN, Biden, Trump, Israeli, ISIS, Iran’s Revolutionary Guard Corps, US, Ukraine, Residents, NATO, Putin Locations: America, Lago, Iran, Turkey, Syria, Afghanistan, Ukraine, Israel, Gaza, Lebanon, Baghdad, Tehran, China, Taiwan, Beijing, Moscow, Russia, Odesa, Europe

☆ Former NATO Commander predicts Ukraine and Russia agreement
▼ + stars: | 2024-11-09 | by ( ) edition.cnn.com time to read: 1 min

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☆ Trump claims Kim Jong Un ‘misses’ him. But he faces a very different North Korean leader this time around
▼ + stars: | 2024-11-08 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

Hong Kong CNN —No United States leader has handled relations with North Korea quite like Donald Trump. But the second Trump administration will face an emboldened and arguably more dangerous North Korean leader. The North Korean leader has met with his “closest comrade” Russian President Vladimir Putin twice since last September and inked a major defense pact in June. Russian President Vladimir Putin and North Korean leader Kim Jong Un meet in Pyongyang this past June. That means the North Korean leader may look for benefit in Trump’s return.

Persons: Donald Trump, Kim Jong, ”, Kim, Trump, Kim “, Kim –, extinguishes, Vyacheslav Madiyevskyy, ’, Rachel Minyoung Lee, ” Kim, ” He’s, Biden, Vladimir Putin, Lee, Dmitry Azarov, –, Robert O’Brien, “, ” O’Brien, Chul Lim, “ Trump, Duyeon Kim, Putin –, Yoon Suk, Edward Howell Organizations: Hong Kong CNN, North Korean, Reuters, Trump, Stimson, North, South, AP, CNN, North Korea Research Center, University’s Institute, Far Eastern Studies, Center, New, New American Security, US, Korea's, Chiefs, Staff, NATO, North Korea, University of Oxford Locations: Hong Kong, States, North Korea, Pyongyang, Russia, Moscow, Ukraine, United States, South Korea, Kharkiv, Singapore, Hanoi, North, Washington, North Korean, Japan, ” Russian, China, Iran, Korea, Russian, Seoul, New American, Korean, Beijing, United Kingdom

☆ This French fighter jet Ukraine will get next can launch the stealthy Storm Shadow missiles that have frustrated Russia
▼ + stars: | 2024-11-08 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +6 min

France is going to send Ukraine Mirage fighter jets, the second Western jet type it will receive. The jets can carry Storm Shadow/SCALP missiles, and Ukraine's jets will reportedly have them. AdvertisementThe new Mirage fighter jets France promised to Ukraine will give it another combat platform able to launch the Western Storm Shadow missiles it has been using to frustrate Russia. AdvertisementIt is unclear how many Storm Shadow/SCALP missiles France may commit as part of the effort. It also not clear how many of the missiles Ukraine currently has.

Persons: —, Sébastien Lecornuhas, Storm, Tim Robinson, Gordon, Skip, Davis, Volodymyr Zelenskyy, Vitalii, JUSTIN TALLIS Organizations: Ukraine Mirage, Service, Storm, Shadow, YouTube, Ukrainian Air Force, Dassault Aviation, La Tribune, Russia, UK's Royal Aeronautical Society, US Army, Getty, BBC, Tribune, Politico, Biden Locations: France, Ukraine, Russia, Kyiv

☆ 7 telling moments from Putin's first speech since Trump won
▼ + stars: | 2024-11-08 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

Russian President Vladimir Putin addressed the Valdai Forum on Thursday. The Russian president said he'd be open to discussing Ukraine with Trump. AdvertisementRussian President Vladimir Putin on Thursday congratulated Donald Trump on his US election victory in a wide-ranging speech that was followed by a three-hour marathon question and answer session. Trump's "desire to restore relations with Russia, to help end the Ukrainian crisis, in my opinion, deserves attention at least," the Russian president said. His reference to China's 'reasonable' Taiwan policyThe Russian president backed ally China's position on Taiwan, the independent island that Beijing has menaced with the prospect of invasion.

Persons: Vladimir Putin, he'd, —, Donald Trump, Putin, Trump, China's, that's, Israel's Organizations: Trump, Service, NATO, NBC, Russian Federation, West, Russia, Analysts Locations: Taiwan, Ukraine, Russia, Russian, Beijing, China, Europe, Brazil, India, South Africa, Israel, Palestine

☆ A pro-Trump European leader predicts he will abandon Ukraine: 'The Americans will quit this war'
▼ + stars: | 2024-11-08 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

He said that the US "will quit" the war and there's a "military defeat in Ukraine," per reports. AdvertisementHungary's leader, Viktor Orbán, has a chilling forecast: the US will abandon Ukraine under President-elect Donald Trump. Orbán's forecast comes as world leaders hold key meetings this week, in part to discuss the war in Ukraine. European leaders are convening at a European Council summit in Budapest on Friday, where they are expected to discuss security and geopolitics in Ukraine. Orbán was among the first European leaders to congratulate Trump on his victory.

Persons: Viktor Orbán, —, Donald Trump, Vladimir Putin's, Trump, Kamala Harris, Keith Kellogg, Fred Fleitz, Orbán, Axel Springer, Volodymyr Zelenskyy Organizations: Trump's, Service, Reuters, European Union, Trump, White, NATO, Street, National Security, Political Locations: Ukraine, Russia, Budapest, Europe

☆ Trump presidency a concern for the future of multilateralism, says former Swedish PM
▼ + stars: | 2024-11-08 | 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 EmailTrump presidency a concern for the future of multilateralism, says former Swedish PMCarl Bildt, the former prime minister of Sweden, discusses what a second Trump presidency means for Europe and NATO.

Persons: Carl Bildt Organizations: Email Trump, Trump, NATO Locations: Swedish, Sweden, Europe

☆ The air freight industry is on high alert after fires at DHL warehouses were linked to Russian sabotage operations
▼ + stars: | 2024-11-08 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

Fires at DHL warehouses this year may have been part of Russian sabotage operations, officials have said. AdvertisementSuspected Russian sabotage activities targeting the air freight industry have been on the rise this year, and the industry is preparing for further action. Speaking a few months after the DHL fires, the chief of the UK's MI6 intelligence service, Richard Moore, said he believed Russian intelligence services had "gone a bit feral." AdvertisementKremlin Spokesman Dmitry Peskov has denied Russia's involvement in sabotage operations in Europe. The Federal Office for the Protection of the Constitution, Germany's domestic intelligence services, and the BND declined to comment further.

Persons: —, Brandon Fried, Fried, Thomas Haldenwang, Haldenwang, Frank Umbach, Umbach, Richard Moore, Shashank Joshi, Joshi, Dmitry Peskov, KIRILL KUDRYAVTSEV, Keir Giles, Giles, that's Organizations: DHL, Service, Airforwarders Association, Street Journal, Financial, Energy, Security, University of Bonn, Rheinmetall, Royal United Services Institute, NATO, Military Counterintelligence Service, Federal Office, Getty Images, Chatham House's, Eurasia Program Locations: Europe, Russia, Moscow, Germany, America, Leipzig, Birmingham, Lithuania, North America, Russian, Ukraine, AFP, Chatham House's Russia

☆ Cargo plane operators are on high alert after a string of suspected Russian sabotages
▼ + stars: | 2024-11-08 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

Officials said they hope it will speed up the maintenance and repairs of weapons systems being used by the Ukrainian military. “In order to help Ukraine repair and maintain military equipment provided by the US and its allies, DoD (Department of Defense) is soliciting bids for a small number of contractors who will help Ukraine maintain the assistance we’ve already provided,” a defense official said. Allowing experienced, US government-funded American contractors to maintain a presence in Ukraine means they will be able to help fix damaged, high-value equipment much faster, officials have told CNN. “The Department made this decision after careful risk assessment and in coordination with interagency stakeholders,” the defense official said. Instead, it would likely result in anywhere from a few dozen to a couple hundred contractors working in Ukraine at a time.

Persons: CNN —, Biden, Donald Trump, Trump Organizations: CNN, Pentagon, Russia “, US, DoD, Department of Defense, Ukrainian Armed Forces, Patriots, Biden, Russia, State Department, “ Locations: Ukraine, Russia, Ukrainian, Russian, Poland, Romania, Iraq, Afghanistan

There should be no enduring mystery about what a Trump presidency means for Ukraine. Trump has said he would end the war “in 24 hours,” but not how. Trump may appoint a cabinet that mildly adjusts the pace or tone of his instincts, but in the end he wants out. It is an anathema to two of Trump’s first term dislikes: costly US military engagement abroad, and upsetting Russian President Vladimir Putin. Read more about what could happen in Ukraine under a Trump presidency.

Persons: Kostiantyn, upsides, Donald Trump, Trump, ”, Vladimir Putin, Read Organizations: NATO, Pentagon Locations: Ukrainian, Ukraine, United States, Europe

☆ Britain loves its 'special relationship' with the U.S. — but that doesn't mean Trump will love it back
▼ + stars: | 2024-11-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

London feels those long-standing bonds and geopolitical interests make its relationship with the U.S., well, special. Not so special anymoreDescribing the "special relationship" as one of convenience for the U.S., Pickering said the U.K. could still maneuver itself to be useful to an incoming Trump government. Whisper it, but the "special relationship" ceased to be special long ago, according to Holger Schmieding, chief economist at Berenberg. "That Trump and Starmer are apparently not fans of each other, to put it mildly, will not help in future U.S.-U.K. talks. Britain's Queen Elizabeth II greets U.S. President Donald Trump as he arrives for the Ceremonial Welcome at Buckingham Palace, in London, Britain June 3, 2019.

Persons: Donald Trump, Jeff J Mitchell, Keir Starmer, Trump, David Lammy, Starmer, Harris, Joe Biden, Kevin Lamarque, Badenoch, Lammy, Kallum Pickering, Peel Hunt, We're, we'll, Pickering, Holger Schmieding, Schmieding, Britain's Queen Elizabeth II, Victoria Jones Organizations: Getty, U.S, London, Britain's, Republican, Trump Tower, Trump, Atlantic, Labour Party, White, Reuters, Conservative Party, Republicans, Labour, European Union, China, Peel, CNBC, NATO Locations: London, New York, Washington, Europe, China, EU, U.S, America, Buckingham, Britain

☆ Trump said he will divide Russia from China. It's a tough bromance to break.
▼ + stars: | 2024-11-07 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

President-elect Donald Trump claims he can split the alliance between Russia and China. "The one thing you never want to happen is you never want Russia and China uniting," Trump said. These are potentially all things that Trump could use to drive a wedge between Russia and China." The Trump effectAnother factor likely to draw Russia and China closer together is Trump himself. In East Asia, Trump has accused allies of freeloading off the US, a source of tension Beijing will likely seek to exploit.

Persons: Donald Trump, —, Tucker Carlson, Trump, Biden, Vladimir Putin of, Xi, China's, Putin, Stefan Wolff, Carlson, Wolff, Paul Cormarie, Jonathan Ward, Vladimir Putin, they'd, Robert Dover, Zhiqun Zhu, Cormarie Organizations: Service, Trump, University of Birmingham, Pentagon, Trade, Anadolu, Getty, Central, RAND Corporation, BI, Hudson Institute, Kremlin Press, Anadolu Agency, International Security, Hull University, NATO, Bucknell University Locations: Russia, China, Ukraine, Glendale , Arizona, Vladimir Putin of Russia, Moscow, Beijing, Taiwan, Russian, Bering, European, East Asia

☆ Goldman Sachs slashes European growth forecasts on Trump win
▼ + stars: | 2024-11-07 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —President-elect Donald Trump’s proposed protectionist policies, including hefty tariffs, will hurt Europe’s economic standing — leaving crisis-hit Germany particularly vulnerable, Goldman Sachs predicts. Goldman Sachs expects gross domestic product across the 20 countries that use the euro to expand 0.8% next year, down from the 1.1% it forecast previously. Goldman Sachs’ central expectation is for “a more limited set of tariffs on European economies,” targeting primarily their auto exports. Goldman Sachs now expects the German economy to grow only 0.5% next year because of trade tensions, just over half the 0.9% growth it forecast previously. “For European businesses, Trump’s return to the White House implies considerable trade policy risks and geopolitical uncertainty,” Berenberg chief economist Holger Schmieding wrote in a note Thursday.

Persons: Donald Trump’s, Goldman Sachs, Trump’s, Trump, ”, Holger Schmieding, “ Organizations: London CNN —, NATO, Republican, European Union, Volkswagen, VW Locations: Germany, United States, Europe, Ukraine, China

☆ Ukraine is forced to confront a brutal Trump reality that it hoped would never happen
▼ + stars: | 2024-11-07 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +8 min

There should be no enduring mystery about what a Trump presidency means for Ukraine. Trump may appoint a cabinet that mildly adjusts the pace or tone of his instincts, but in the end he wants out. Workers remove debris from an apartment building that was damaged during a Russian drone strike in Kyiv, Ukraine, on October 29, 2024. Furthermore, Trump enters the White House at perhaps the most perilous time for Kyiv since the start of the war. Those tired of the Ukraine war – be they Kyiv ally or frontline soldier – should still not embrace the idea of a Trump-backed deal.

Persons: upsides, Trump, Donald Trump, ”, Vladimir Putin, Joe Biden –, Chasiv Yar, Putin, Thomas Peter, Kim Jong, Qasem Soleimani, Biden, Zelensky, –, Kostiantyn Organizations: CNN, NATO, Trump, Pentagon, Iranian Revolutionary Guard, Congress, Kyiv, Russian, European Union, Kremlin Locations: Ukraine, United States, Europe, Russia, Moscow, Pokrovsk, Donetsk, Dnipro, Zaporizhzhia, Russian, Kyiv, Afghanistan, Singapore, Korean, Bankova, Syria, Ukrainian, Georgia, Moldova

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