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☆ Opinion: At NATO summit, Ukraine deserves the truth from Biden
▼ + stars: | 2024-07-09 | by ( Opinion Daniel R. Depetris | ) edition.cnn.com time to read: +7 min

CNN —A year ago, NATO heads of state gathered in Vilnius, Lithuania, for their annual summit. He called NATO’s unwillingness to establish a concrete timeframe for Ukraine’s membership “unprecedented and absurd,” causing consternation in the Biden administration and nearly derailing the summit. Several key NATO members, however, haven’t been especially eager to come to the defense of Ukraine. Why would Putin consider a ceasefire or diplomatic settlement with Kyiv if he knew that NATO membership for Ukraine was just around the corner? Biden should tell Zelensky point-blank that NATO membership is a fool’s errand — and while he’s at it, he ought to apologize to all Ukrainians, for waiting so long to state the obvious.

Persons: Daniel R, CNN —, Vladimir Putin, DePetris, Volodymyr Zelensky, Biden, —, Jens Stoltenberg, haven’t, George W, Bush, Barack Obama, Zelensky, Russia Michael McFaul, Putin, it’s Organizations: Defense, Chicago Tribune, The New York Times, Politico, Street, Guardian, CNN, NATO, Ukraine Locations: The, Vilnius, Lithuania, Bucharest, Ukraine, Washington, Kyiv, United States, Europe, North America, Poland, Georgia, Soviet, France, Germany, Crimea, ”, Russia, Moscow

☆ Biden didn't show up for an early evening meeting with the German chancellor because he had to go to bed: report
▼ + stars: | 2024-07-09 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +3 min

Read previewPresident Joe Biden canceled an early evening meeting with the German chancellor Olaf Scholz at the last minute because he had to go to bed, according to a report by The Wall Street Journal. According to the report, the chancellor and his aides were surprised by Biden's absence and Blinken's appearance. Related storiesThe Journal report said that the White House has consistently reduced Biden's daily schedule and shielded him from impromptu meetings. AdvertisementBoth CNN and The New York Times have reported that Biden told governors he needed to get more sleep and stop holding events after 8 p.m. The White House has not responded to these claims.

Persons: —, Joe Biden, Olaf Scholz, Antony Blinken, Biden, Axios, Donald Trump, ABC's George Stephanopolous, Abigail Disney, Walt Disney's grandniece Organizations: Service, Wall Street, Business, State Department, White, CNN, The New York Times, Democratic, Senate Foreign Relations, Trump, Alliance, Biden Locations: Germany, Ukraine, China, Russia, Washington

☆ CNBC Daily Open: Are markets too optimistic?
▼ + stars: | 2024-07-09 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. While open to collaboration, Elliott plans to give shareholders a say in leadership changes if the board remains unresponsive. Despite selling $379 million worth of bitcoin in recent weeks, Germany's Federal Criminal Police Office still holds roughly 32,488 bitcoins — worth around $1.9 billion at today's prices. Japan stocks hit record highJapan's export-heavy Nikkei 225 as well as the broader Topix hit record highs amid a broader rise in Asia-Pacific markets.

Persons: Beryl, Elliott, Elliott Management, Bob Jordan, Gary Kelly, Corning, We've, Wendell Weeks Organizations: New York Stock Exchange, CNBC, Nasdaq, Apple, Nvidia, Dow Jones, Treasury, Southwest Airlines, Police, Federal Criminal Police, National Australia Bank, CSI Locations: New York City, U.S, Saxony, Japan, Asia, Pacific, Al

☆ A public sector 4-day workweek trial had practically no drawbacks, researchers found
▼ + stars: | 2024-07-09 | by ( Nora Redmond | ) www.businessinsider.com time to read: +4 min

Read previewA four-day workweek reduces staff turnover, improves employee mental health, and saves money, according to the largest public sector trial held in the UK. On Monday, academics at two British universities — Cambridge and Salford — released their findings from a 15-month trial of a shortened working week. It is the largest public sector trial of the four-day workweek held so far in the UK, involving 697 employees, including office and waste workers. The number of external applicants for open roles also greatly increased, with 76% reporting the four-day week trial as influencing them to apply for open positions. The US, Canada, Ireland, and Germany are among the countries that have trialed the shortened working week.

Persons: —, Daiga Kamerāde, Brendan Burchell, Burchell, Joe Ryle Organizations: Service, — Cambridge, Salford —, South, South Cambridgeshire District, Business, Staff, University of Salford, Workers, Human, Political Sciences, University of Cambridge Locations: South Cambridgeshire, England, Canada, Ireland, Germany, Belgium

☆ BP shares drop 3% after warning of up to $2 billion impairment, weak refining margins
▼ + stars: | 2024-07-09 | by ( April Roach | ) www.cnbc.com time to read: +2 min

BP in 2020 set out its ambition to become a net zero company "by 2050 or sooner." BP shares dropped on Tuesday after the firm flagged it expects to post an impairment of up to $2 billion in the second quarter and warned of lower refining margins weighing on its results. BP shares were down 2.6% in early market trading at 08:39 a.m. London time. In a Tuesday statement, the company said it anticipates weak refining margins and oil trading performance will weigh on its second-quarter results, due out on 30 July. The energy firm also expects to record post-tax asset impairments and contract provisions in the range of $1 billon to $2 billion in the second quarter.

Persons: Biraj, Bernard Looney, Murray Auchincloss Organizations: BP, RBC, Shell Locations: London, Gelsenkirchen, Germany, Singapore, Rotterdam

☆ Biden announces new NATO aid for Ukraine, as his reelection campaign teeters
▼ + stars: | 2024-07-09 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden speaks at a NATO event to commemorate the 75th anniversary of the alliance, in Washington, U.S., July 9, 2024. President Joe Biden announced new commitments to help Ukraine bolster its air defense against Russia in a speech Tuesday commemorating NATO's 75th anniversary. "Putin wants nothing less — nothing less — than Ukraine's total subjugation, to end Ukraine's democracy," Biden said. But make no mistake: Ukraine can and will stop Putin, especially with our full collective support." Speaking from a teleprompter, Biden said that more air defense supplies will be distributed to Ukraine in the coming months.

Persons: Joe Biden, NATO's, Putin, Biden, Vladimir Putin Organizations: NATO, Russia, Patriot, Russian, U.S . Democratic Party Locations: Washington , U.S, Ukraine, U.S, Germany, Romania, Netherlands, Italy

☆ European markets head for mixed open as France's uncertain political outlook weighs on sentiment
▼ + stars: | 2024-07-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

People gather to celebrate the victory of the left-wing union after the partial results of the second round of the French parliamentary elections in Paris, France on July 07, 2024. LONDON — European stocks are expected to open in mixed territory Tuesday as investors in the region weigh up political uncertainty in France after Sunday's election result. European markets are digesting the prospect of a prolonged period of political uncertainty in France as it confronts a hung parliament following Sunday's parliamentary election result. The left-wing New Popular Front won the largest number of seats in the final round of voting, scuppering an expected surge for the far-right. The alliance failed to secure an absolute majority, however, meaning a coalition or technocratic government is on the cards, making legislation and reforms harder to pass.

Persons: Germany's DAX, scuppering Organizations: LONDON, CAC, IG, Popular Front Locations: Paris, France

☆ Spain 2 France 1: A semi-final for the ages as Yamal makes history with wondergoal – The Briefing
▼ + stars: | 2024-07-09 | by ( Dermot Corrigan | Liam Tharme | ) www.nytimes.com time to read: +13 min

Spain are the first nation through to the Euro 2024 final after beating France 2-1 in Munich. Spain are back in their first big tournament final since the golden generation which dominated from 2008 to 2012. Yamal celebrates with the Spain bench (Alex Livesey/Getty Images)Dermot CorriganFrance’s attack misfires againFor the first time, a Frenchman scored from open play for France. Despite their attacking options, including Dembele, Mbappe, Kolo Muani plus Bradley Barcola, Antoine Griezmann and Giroud from the bench, they could not summon a cutting edge. Their goalscorers were from the penalty spot, an own goal or Kolo Muani.

Persons: Didier Deschamps ’, Randal Kolo, Yamal, Dani Olmo, Olivier Giroud —, Liam Tharme, Dermot Corrigan, Peter Rutzler, Phil Hay, Luis de la, Fabian Ruiz, Nico Williams, Lamine Yamal, Alvaro Morata, Alex Pantling –, —, Germany’s, Kolo Muani’s, — Williams, Kolo Muani, Germain, Ousmane Dembele, William Saliba’s, Aurelien, Jules Kounde, Liam Tharme Yamal, Adrien Rabiot, ”, Jesus Navas, Mike Maignan, despairingly, Dan Mullan, He’s, Alex Livesey, Dermot Corrigan France’s, misfires, Frenchman, Kolo, Bradley Barcola, Antoine Griezmann, Mbappe, Didier Deschamps, Justin Setterfield, Dani Vivian, Dembele, Deschamps, Deschamps ’, Matthias Hangst, Peter Rutzler Morata, Vivian ., Morata, Alex Brodie Organizations: France, Copa, The Athletic FC, La, Alex Pantling – UEFA, UEFA, Getty, Nations League, Paris Saint, PSG, Germany, Georgia, yesterday’s, Portugal, Mbappe, Morata Locations: Spain, Munich, ’, France, Berlin, Europe, Copa America, England, Netherlands, Paris, Mbappe, Jesus, Spanish, Belgium

☆ Yulia Navalnaya: Russian court orders arrest in absentia
▼ + stars: | 2024-07-09 | by ( Radina Gigova | ) edition.cnn.com time to read: +3 min

CNN —A court in Moscow has ordered Yulia Navalnaya, the wife of late Russian opposition politician Alexey Navalny, to be arrested in absentia, her spokesperson said Tuesday. The Basmannyy District Court in Moscow accused Navalnaya of “participation in an extremist organization,” her spokesperson Kira Yarmysh said in a post on social media. She has also been added to an international wanted list, according to Russian state news agency RIA Novosti. He returned to Russia in 2021 from Germany, where he had been treated after being poisoned with Novichok, a Soviet-era nerve agent. Reacting to the court’s decision on Tuesday, Navalnaya reiterated claims of Putin’s involvement in the death of her husband.

Persons: CNN —, Yulia Navalnaya, Alexey Navalny, Navalnaya, ”, Kira Yarmysh, Navalny, Putin, ’, –, Vladimir Putin, ” Yulia Navalnaya, Instagram Navalnaya, Putin “, “, Alexey, ” CNN’s Nathan Hodge, Sahar Akbarzai, Jack Guy Organizations: CNN, RIA Novosti, Kremlin Locations: Moscow, Basmannyy, Siberia, Russia, Germany, Soviet, Russian, The Hague

☆ Beware, Elon Musk — BYD just took its next step toward world domination
▼ + stars: | 2024-07-09 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Business Insider contacted BYD for comment but didn't immediately hear back. Turkey is part of the EU's Customs Union, and any BYD cars manufactured there could avoid the 17.4% additional tariff the EU slapped on BYD vehicles imported from China. Plans by Chinese EV giants BYD, MG, and Chery to build factories in Mexico have sparked concern among US officials over fears they could be used as a "backdoor" into the US market.

Persons: —, Elon, Mehmet Fatih, BYD, didn't, It's, Philip Nothard, Nothard, Elon Musk, Tesla Organizations: Service, Business, Union, EV, EU's Customs Union, BYD, Chery, Cox Automotive Locations: Turkey, Europe, China, Mexico, Germany

Mark Rutte rode off into the sunset on his bicycle last week, making a carefully choreographed exit from Dutch politics, which he has dominated as prime minister for nearly 14 years. Mr. Rutte, known as a flexible pragmatist, will bring his experience at conciliation to the 32-nation military alliance when he takes over as secretary general from Jens Stoltenberg on Oct. 1. Beyond that challenge, NATO faces a Russian government forging stronger ties with China and Iran, even as Beijing tries to dominate Asia and Tehran expands its nuclear program. Leading member states like France and Germany are dealing with the empowerment of far-right parties with clear sympathies for Moscow. And there are new demands to spend more money on the military.

Persons: Mark Rutte, Rutte, Jens Stoltenberg Organizations: NATO, Soviet Union, Ukraine, Russia’s Locations: Europe, Washington, China, Iran, Beijing, Asia, Tehran, France, Germany, Moscow, Hungary, Turkey

As NATO leaders gather in Washington starting Tuesday, they will celebrate the strength of their alliance on its 75th anniversary while confronting deep uncertainty about its future. In recent years, Russia’s aggression against Ukraine has given NATO, founded after World War II to defend Europe from the Soviet Union, a renewed sense of purpose. But the alliance also faces grave threats, including from right-wing skeptics who are gaining power in nations such as Germany and France. Here’s what to watch for during the three days of NATO meetings in Washington this week. Staring Down PutinPerhaps the summit’s most important goal will be sending a signal of unity and strength to Moscow.

Persons: Donald J, Trump, Down Putin Organizations: NATO, White Locations: Washington, Ukraine, Soviet Union, Germany, France, United States, Moscow

☆ France's Macron wanted to leave his mark on Europe — he may have just ruined his legacy
▼ + stars: | 2024-07-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

He's credited with creating the European Political Community, bringing leaders from across 50 states in the region to discuss shared challenges and to coordinate joint responses. For now, Macron has rejected his current Prime Minister Gabriel Attal's resignation and on Monday asked him to stay in the post "to ensure the country's stability." Subran stressed that it was vital that Macron was aligned with the future prime minister. It hasn't paid off, and France's uncertain political outlook will likely perturb France's European partners, one French political scientist told CNBC. French President Emmanuel Macron reviews troops that will take part in the Bastille Day parade, July 2, 2024 in Paris, France.

Persons: Emmanuel Macron, Sebastien Salom, Emmanuel Macron's, Macron, —, Tina Fordham, it'll, Fordham, Francois Hollande, Angela Merkel, He's, Germany —, Volodymyr Zelenskyy, Hollande, Gabriel Attal's, Ludovic Subran, Subran, Donald, Trump, — we're, CNBC's Charlotte Reed, it's, Macron's, hasn't, Philippe Marlière, France isn't, Aurelien Organizations: Afp, Getty Images, Fordham Global Foresight, CNBC, NATO, European Union, Socialist, Political, Russia, Ukrainian, Reuters, NFP, Monday, Allianz, U.S, Republican, NurPhoto, EU, University College London Locations: gomis, Europe, France, Washington, Ukraine, Germany, Kyiv, Paris, China, Brussels, Strasbourg, Russia

☆ CNBC Daily Open: Are markets overly optimistic?
▼ + stars: | 2024-07-09 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. While open to collaboration, Elliott plans to give shareholders a say in leadership changes if the board remains unresponsive. Despite selling $379 million worth of bitcoin in recent weeks, Germany's Federal Criminal Police Office still holds roughly 32,488 bitcoins — worth around $1.9 billion at today's prices.

Persons: Beryl, Elliott, Elliott Management, Bob Jordan, Gary Kelly, Corning, We've, Wendell Weeks, Max Organizations: New York Stock Exchange, CNBC, Nasdaq, Apple, Nvidia, Dow Jones, Treasury, Southwest Airlines, Police, Federal Criminal Police, Boeing, Wall Locations: New York City, U.S, Saxony, Texas

☆ Incumbents pay the price in year of global elections
▼ + stars: | 2024-07-09 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

And elections in Taiwan and South Korea proved the dynamism of the idea that free elections can promote stable governance. The two round French election system once again kept the far-right out of power on Sunday but Macron’s gamble didn’t exactly pay off. An era of political turmoil now looms with a hung parliament, a likely shaky coalition and instability ahead of the next presidential election in 2027. Kevin Coombs/ReutersIndonesiaPrabowo Subianto, a former army general, won the presidential election in the world’s fourth most populous nation, which is home to its largest Muslim population. IranIran wasn’t supposed to have a presidential election this year.

Persons: El, they’ve, Donald Trump’s, Joe Biden, Trump —, Ursula von der Leyen, Emmanuel Macron, Le, Macron, Keir Starmer, Kevin Coombs, Suharto, Narendra Modi, Adnan Abidi, Imran Khan, Nawaz, Asif Ali Zardari, Benazir Bhutto, Sheikh Hasina, Vladimir Putin, Alexey Navalny, Putin, El Salvador, Nayib Bukele, ”, Bukele, Claudia Sheinbaum Pardo, ObturadorMX, Claudia Sheinbaum, Andrés Manuel López Obrador, Sheinbaum, Lai Ching, Yoon Suk Yeol, André Ventura, Peter Pellegrini, Robert Fico, Fico, Nelson Mandela —, —, Macky Sall, Sall, Bassirou Diomaye Faye, Ebrahim Raisi, Ayatollah Ali Khamenei, Masoud Pezeshkian, ultraconservative Saeed Jalili, Pezeshkian Organizations: CNN, European Union, United States –, France, European People’s Party, Popular Front, Britain Voters, Conservative, Labour Party, Reuters, Reuters Indonesia Prabowo, Bharatiya Janata Party, BJP, Pakistan Muslim League, Pakistan People’s Party, Bangladeshi, Kremlin, El, El Salvador Strongman, El Salvador —, Getty, Democratic Progressive Party, Portugal Incumbents, Democratic Alliance coalition, Putin, Russian, South Africa Voters, National Congress, ANC, Democratic Alliance Locations: France, Britain, Iran, El Salvador, Slovakia, Russia, Indonesia, Mexico, South Africa, United States, India, Senegal, Taiwan, South Korea, Germany, London, Reuters Indonesia, Subianto, New Delhi, Reuters Pakistan, Pakistan, —, Bangladesh, South Asia, America, China, Beijing, Portugal, Ukraine, Europe, Senegal Senegal, Africa, Sall, Iran Iran, Islamic Republic

☆ Justice Department says it disrupted Russian ‘bot farm’ used to spread propaganda in US
▼ + stars: | 2024-07-09 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

CNN has requested comment on the Justice Department announcement from the Russian Embassy in Washington, DC, the Kremlin, the FSB and RT. X voluntarily suspended the bot accounts identified in court documents, the Justice Department said. It wasn’t just the FBI that helped expose the alleged bot farm. But the outlet has looked for new ways to reach audiences, including, the Justice Department alleges, through an army of fake X accounts. The RT employee, an FSB officer and others had access to the bot farm, which included X accounts that purported to be interested in cryptocurrency, according to the Justice Department.

Persons: Tom Cruise, Long, Vladimir Putin, Putin, “, Lisa Monaco Organizations: CNN, US Justice Department, Justice Department, RT, Kremlin, Microsoft, Justice, Russian Embassy, FBI, US Cyber Command, Department, Russian, The Locations: Ukraine, Russian, Russia, United States, Paris, Washington , DC, Poland, Germany, Netherlands, Spain, Israel, Arizona, cryptocurrency, Minneapolis, Lithuania

Here's everything you need to know where to watch a free Spain vs. France live stream. You'll need a VPN to access free Spain vs. France live stream options outside their original broadcast country. How to watch free Spain vs. France live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including Spain vs. France today. Where to watch Spain vs. France in the USAFox/FS1 has picked up the rights to all remaining games in the USA, including Spain vs. France. BBC specifically has the free Spain vs. France live stream today.

Persons: Mbappe haven't, they've, you'll, ITVX, ExpressVPN, FS1, That's Organizations: Business, Croatia, BBC, Olympics, Wimbledon, RTE2, ZDF, TF1, USA Fox, Fox, France, Nations, ITV, Australia Optus Sport, Optus Locations: Spain, Italy, Germany, France, Europe, Ireland, USA, Australia

Washington CNN —President Joe Biden on Tuesday announced plans to supply new air defenses to Ukraine in a speech opening the NATO summit – providing much-needed support for the country at a critical juncture in its defense against Russia’s invasion. Meanwhile, Italy would also provide a SAMP-T long-range air defense system. In addition to the long-range aerial defense systems, the US and other countries are also providing Ukraine with “dozens” of short- and medium-range systems to help Kyiv intercept Russian drones and missiles. Ukrainian President Volodymyr Zelensky said he would fight for “decisive actions” from the United States and Europe to help Ukraine. “All we allies knew before this war Putin thought NATO would break,” Biden said.

Persons: Joe Biden, Biden, ” Biden, ”, Volodymyr Zelensky, ” Zelensky, Zelensky, Donald Trump, Trump, Bill Clinton, –, Putin, Jens Stoltenberg, Biden’s, Stoltenberg Organizations: Washington CNN, NATO, Patriot, US, HAWKs, IRIS, Ukraine, United, Mellon, Treaty, “ Locations: Ukraine, Germany, Romania, Netherlands, Italy, United States, Israel, Russian, Canada, Norway, Spain, Europe, “, Russia, –

☆ Opinion: A landmark NATO summit in Washington. But in Ukraine, there’s little cause for celebration
▼ + stars: | 2024-07-08 | by ( Opinion Michael Bociurkiw | ) edition.cnn.com time to read: +8 min

Odesa CNN —As Washington prepares to welcome world leaders for a landmark summit commemorating 75 years of NATO, some 5,000 miles away I was having a heart wrenching dinner conversation. Michael Bociurkiw Chrystia Chudczak“My dreams have been shattered,” a Ukrainian friend, Inna Ivanova, told me at a restaurant tucked away in an obscure corner of Odesa. The question on everyone’s lipsLooming over the summit will be the question of Ukraine’s desperately sought NATO membership. Meanwhile in WashingtonThe forecasted record heat won’t be the only thing making NATO leaders in Washington break into a sweat. Given the high stakes for Ukraine, people here will be watching developments in Washington closely.

Persons: Michael Bociurkiw, Odesa, Michael Bociurkiw Chrystia, ”, Inna Ivanova, Inna, Vladimir Putin, Ukraine’s, Ukraine Ivanna, Tsintsadze, Biden, Oleksandr Gimanov, Bohdan Chomiak, What’s, I’ve, that’s, Russia wouldn’t, Kyiv should’ve, Donald Trump, —, Joe Biden’s, General Jen Stoltenberg’s, Kira Rudik Organizations: Atlantic Council, Organization for Security, Cooperation, CNN, Odesa CNN, Washington, NATO, Bucharest NATO, Ukraine, Getty, Kyiv, Twitter, Trump, Golos Party Locations: Europe, Ukrainian, Odesa, Germany, Washington , DC, Ukraine, Washington, Bucharest, Georgia, Moscow, Brussels, Lviv, Russian, AFP, Kyiv, Russia, Ukraine’s

☆ The German government owns around $2 billion in bitcoin — and it's freaking out crypto investors
▼ + stars: | 2024-07-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Bitcoin has also been under selling pressure from the German government as well as collapsed bitcoin exchange Mt. Last month, the German government began selling bitcoin from a wallet operated by the country's Federal Criminal Police Office, referred to locally as the Bundeskriminalamt, or BKA. Bitcoin price reactionIn tandem with these sales, bitcoin has seen its price fall dramatically. At one point in the day, the entire crypto market had shed more than $170 billion in combined market capitalization in a 24-hour period, CoinGecko's data showed. Germany's bitcoin sales aren't the only concern for crypto investors.

Persons: Bitcoin, it's, wasn't, bitcoin, —, Nobuaki Kobayashi, James Butterfill, CoinShares, Germany's BKA, Joana Cotar, Cotar, Olaf Scholz, Christian Lindner, Michael Kretschmer, she's, Samson Mow Organizations: Federal Criminal Police, Arkham Intelligence, CNBC, Saxony, Federal Criminal Police Office, German Bundestag Locations: Gox, bitcoin, Germany, Saxony, Federal Republic of Germany, German, Berlin

☆ My kids lived in Slovenia for a year. When we returned to the US I felt reverse culture shock.
▼ + stars: | 2024-07-08 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +7 min

I'd never left the US until I moved to Slovenia, and I didn't have a passport until I was 28. America has a lot to offer kids too, but I'm so glad my kids experienced a new culture. When I first went to visit my kids' preschool in Slovenia, I accidentally wandered through the kitchen instead of the admin office. Parents in Slovenia attend preschool with kids for 2 weeksMy three-year-old, who was in the older kids' class, started two days after my first visit. In Slovenia, parents attend preschool with children for one or two weeks to help them acclimatize.

Persons: —, Britanny McAnally, I'd, We'd, we'd, don't, we're Organizations: Service, Business Locations: Germany, Slovenia, Tennessee, Nashville, Monterey , California, Slovakia, Italy, Croatia, Ljubljana, America, daycares, California, Nevada, Europe, Vilnius, Lithuania's, Garmisch, Zugspitze

☆ Jiang Ping: Rural Chinese student sparks awe and suspicion after beating math elites in global contest
▼ + stars: | 2024-07-08 | by ( Yuxuan Jiang | Joyce Jiang | ) edition.cnn.com time to read: +8 min

Launched in 2018 by Chinese e-commerce behemoth Alibaba, the free online contest is open to math enthusiasts worldwide, though Chinese math majors typically dominate the top places. She was later trained by math teacher Wang Runqiu at Lianshu Secondary Vocational School, where she studies fashion design. Social stigma for vocational studentsAmong the cacophony of commentary, some suspect the harsh public scrutiny of Jiang is rooted in social prejudice against vocational students. But structural discrimination in China’s schools, universities and workplaces means society still favors academic degrees over trades. Jiang considers math her “Plan B,” prioritizing fashion design for future study, according to The Beijing News.

Persons: Jiang Ping, Alibaba, –, Wang Runqiu, Wang, Jiang, Richard Xu, China’s, Yin Wotao, ”, Yin, there’s, “, Zhao Yong, ” China’s, Einstein, Zhao Organizations: Hong Kong CNN, Harvard, Oxford, MIT –, DAMO Academy, Xinhua, Secondary Vocational School, Weibo, Harvard Business School, CNN, University of Kansas, Beijing, Communist Party, Zhejiang University Locations: Hong Kong, China, China’s Jiangsu, Xinhua, Lianshui, Beijing, Hangzhou, Jiangsu, Germany, Finland

☆ The sting of an Airbnb rejection: Hosts explain why they turn down all sorts of travelers
▼ + stars: | 2024-07-08 | by ( Marylou Costa | ) www.cnbc.com time to read: +6 min

She said she feels checking potential guests' social media profiles is warranted if she thinks their stay could cause problems. But unfortunately, over the last few years, there have been at least three situations where I felt the need to check people's social media beforehand." Borman, however, is part of the 8% who said they look at guests' social media profiles prior to accepting a booking. "We delve into social media as a more advanced check when we have suspicions about somebody," he said. A 4.5-star rating isn't enoughAirbnb superhost Crystal Shell, who manages short-term rentals in Alabama under the management company Bailey-Trace, doesn't check renters' social media profiles, she said.

Persons: Vicky Borman's, Borman, I'm, It's, Sebastien Long, Long, Shell, Bailey, Sebastian Long, Airbnb Organizations: St Neots, CNBC Locations: St, St Neots, Borman's, United Kingdom, United States, France, Germany, Canada, Texas, Houston, Alabama

☆ Europe has overpromised on artillery shells to Ukraine and is making even less than it admits: investigation
▼ + stars: | 2024-07-08 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Read previewEuropean claims about its capacity to produce artillery shells are wildly overblown, meaning it won't be able to supply Ukraine anywhere near the quantity it has promised, according to a new investigation. The European Commission claimed that, as of January this year, Europe's annual production capacity for 155 mm shells had reached one million shells a year. Related storiesOne source familiar with the industry said Europe would produce less than half a million shells by the end of the year, and said it was poor policy to pretend otherwise. Advertisement155mm shells have been a crucial staple for both sides of the conflict in Ukraine. As of May, Russia was able to produce artillery shells about three times faster than Ukraine's allies were able to, and for a quarter of the cost, Sky News reported.

Persons: —, Thierry Breton, Johanna Bernsel Organizations: Service, European Commission, Business, Internal, Radio Free, Rheinmetall, European, EU, Bloomberg, Sky News Locations: Ukraine, Estonian, Europe, Russia

☆ European stocks seen slipping as traders digest French election result
▼ + stars: | 2024-07-08 | by ( Katrina Bishop | ) www.cnbc.com time to read: +1 min

LONDON — European stocks were set to fall at the open on Monday as markets reacted to an expected hung parliament in France after a surprise win for a left-wing coalition of parties. France's CAC 40 was seen falling 37.9 points to 7,631, according to IG, and the euro was down 0.18% against the dollar. The U.K.'s FTSE 100 index and Germany's DAX are both expected to fall around 6 points, while Italy's FTSE MIB is expected to slip 115 points at the open. European marketsFrance's left-wing New Popular Front won the largest number of seats in this weekend's parliamentary elections, scuppering an expected surge for the far-right. However, the coalition failed to secure an absolute majority, early data showed, leaving markets digesting the possibility of a hung parliament.

Persons: Germany's DAX, France's, scuppering, Jim Reid, Nathan Posner Organizations: CAC, IG, Popular Front, Deutsche Bank, New, Republique, Anadolu, Getty Locations: France, Paris, France's

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