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☆ Major Ukraine summit ends with fresh plea for peace but key powers spurn final agreement
▼ + stars: | 2024-06-16 | by ( Joshua Berlinger | Niamh Kennedy | ) edition.cnn.com time to read: +4 min

CNN —A two-day summit in Switzerland dedicated to forging a path forward to end the war in Ukraine concluded with key powers spurning a joint communique agreed to by more than 80 other countries and international organizations. The world cares deeply about the war provoked by Russia’s aggression,” European Commission President Ursula von der Leyen said. The sides also said that all children and civilians that were unlawfully displaced must be returned to Ukraine. And Ukraine must disarm so that is vulnerable to future Russian aggression down the road. No responsible nation could say that is a reasonable basis for peace,” Sullivan said.

Persons: spurning, Volodymyr Zelensky, Zelensky, Vladimir Putin, Kamala Harris, Ursula von der Leyen, Jake Sullivan, ”, Putin, ” Sullivan Organizations: CNN, United Arab, European Union, Kremlin, NATO, Russian, Luhansk –, US National Security, Ukrainian Locations: Switzerland, Ukraine, India, Saudi Arabia, South Africa, United Arab Emirates, Russia, Ghana, Canada, Chile, Lucerne, Argentina, Denmark, Finland, France, Germany, Italy, Japan, Netherlands, Poland, Sweden, United Kingdom, China, Moscow, Russian, Donetsk, Luhansk, Kherson, Zaporizhzhia, Harris

☆ US Navy faces 'most intense combat since World War II' against Yemen's Iran-backed Houthi rebels, defense experts say
▼ + stars: | 2024-06-16 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe US is facing its most intense battle since World War II against Yemen's Houthi rebels, experts say. "This is the most sustained combat that the US Navy has seen since World War II — easily, no question," he said. US warships from the US Navy's Dwight D. Eisenhower Carrier Strike Group had fired over 500 munitions fighting the Houthis, Business Insider reported on May 23. Sailors often have only a few seconds to confirm an incoming Houthi strike.

Persons: —, Yemen's Houthi, Bryan Clark, Navy submariner, Dwight D, CENTCOM, Yemen's, Mohammed Hamoud, National Intelligence Avril Haines, Cmdr, Eric Blomberg, Laboon, David Wroe, Eisenhower, Navy Carlos Del Toro, Biden, Brian Finucane, Fabian Hinz Organizations: Service, Navy, Hudson Institute, Associated Press, Business, US Navy, Congressional Research Service, Eisenhower Carrier Strike, military's, Command, National Intelligence, AP, Pentagon, Munitions, Crisis Group, Institute for Strategic Studies, Palestine Locations: Israel, Gaza, Red, Yemen, Iran, Palestine, Eilat, London

☆ Ukraine proves it can target the Russian air force's weakest link
▼ + stars: | 2024-06-16 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

AdvertisementBut these were pinprick attacks designed to embarrass the Kremlin and demonstrate that nowhere in Russia is safe from Ukrainian attack. The aircraft didn't appear to catch on fire, suggesting the damage wasn't catastrophic, perhaps to be expected from small drones with small warheads. The Akhtubinsk attack suggests that Russian electronic warfare capacity has sufficient breadth to cover the front, but not depth to protect the Russian interior. Much like Russia's vaunted T-14 Armata, the Su-57 has been conspicuous by its absence from the Ukraine war. AdvertisementEven with American-made F-16 fighters arriving soon, Ukraine's air force probably can't drive off Russian jets lobbing glide bombs from 50 miles behind Russian lines, safe behind ground-based air defenses.

Persons: Justin Bronk, Bronk, Su, Michael Peck Organizations: Service, Russian Air Force, Kyiv, Royal United Services Institute, Russian, NATO, West, Stealth, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, British, Ukraine, Ukrainian, Volgograd, Stalingrad, Russian, Forbes

☆ Russia's war in Ukraine began in Crimea. It could end there, too, defense experts say.
▼ + stars: | 2024-06-16 | by ( Cameron Manley | ) www.businessinsider.com time to read: +8 min

Read previewIf there is one place Ukraine is winning in the war against Russia, it's Crimea, experts say. Ukrainians have since referred to the Black Sea peninsula as "occupied Crimea," and Zelenskyy has continually stated that any peace agreement must see it returned to Ukraine. Meanwhile, Ukraine, which lost its traditional naval fleet during the annexation of Crimea, has targeted Russia's Black Sea fleet with great success using sea drones. Ukraine even claimed to have sunk the Black Sea Fleet's flagship, the Moskva. "Crimea allows for power projection over the rest of the Black Sea.

Persons: —, Volodymyr Zelenskyy, Vladimir Putin, Olga Khvostunova, ", Zelenskyy, Elina Beketova, Russia's, VASILY MAXIMOV, Maria Snegovaya, Beketova, Putin, Dmitry Pletenchuk, OLGA MALTSEVA, Catherine the Great, Snegovaya, Alexei Volkov, DVIDS Frederik Mertens, Ukraine's, Budanov Organizations: Service, Business, Eurasia, Foreign Policy Research, Federal Assembly, NATO, Centre for, Fleet, Getty, Center for Strategic, Studies ', Eurasia Program, Black, Ukraine, Security, Anadolu Agency, Directorate of Intelligence, Guardian, UK Ministry of Defence, MoD, Getty Images, National Union of Hospitality Industries, Reuters, Wing Public Affairs, Hague, Strategic Studies Locations: Ukraine, Russia, it's Crimea, Crimea, Sevastopol, Moskva, AFP, Studies ' Europe, Kerch, Ukraine's, Ukrainian, Rostov, Crimean, Russian, Saki

☆ Israel announces ‘pause’ along southern Gaza route to allow in aid but no let up in Rafah offensive
▼ + stars: | 2024-06-16 | by ( Abeer Salman | Kathleen Magramo | ) edition.cnn.com time to read: +4 min

Jerusalem CNN —The Israeli military has announced a “tactical pause” of military activity along a route in southern Gaza to allow aid to be distributed but stressed that there would be no let up in fighting in and around Rafah in southern Gaza. A bottleneck of aid has built up at Kerem Shalom amid airstrikes and fighting in much of southern Gaza. It will be run in coordination with international organizations, it said, as part of efforts to increase volumes of aid reaching Gaza. Egyptian trucks carrying humanitarian aid make their way to the Gaza Strip at the Kerem Shalom crossing on May 30, 2024. Those are Kerem Shalom on Gaza’s southern border and Western Erez in the north.

Persons: Salah, Kerem Shalom, Al Bayuk, Khan Younis, ”, “, Amir Cohen, Kerem, Western Erez Organizations: Jerusalem CNN, IDF, European Hospital, Israel Defense Forces, Ministry of Health, Logistics, Shore Locations: Jerusalem, Gaza, Rafah, Kerem, Khan, Israel, Palestinian, Gaza’s, Western, Ashdod

☆ Middle East Crisis Israel Announces Daytime Pause in Fighting in Part of Southern Gaza
▼ + stars: | 2024-06-16 | by ( Vivek Shankar | Isabel Kershner | ) www.nytimes.com time to read: +3 min

Kerem Shalom sits at the intersection of Gaza, Egypt and Israel, which controls the gateway. The Israeli military later clarified that the pause would be limited and that there would be “no cessation of fighting in the southern Gaza Strip.”“The fighting in Rafah is continuing,” Rear Adm. Daniel Hagari, the Israeli military spokesman, said on social media. Distributing that aid, Israeli officials said, would be contingent on relief agencies, on whom they called to pick up the supplies. Aid groups have said that the Israeli military’s activity in southern Gaza has made distributing aid nearly impossible. Data compiled by the U.N. show that the number of aid trucks entering southern Gaza remains well below the levels before the incursion in Rafah.

Persons: Salah al, Kerem Shalom, Daniel Hagari, Israel Organizations: Hamas, United Nations Locations: Gaza, Israel, Kerem, Egypt, Rafah, Kerem Shalom, United States, Qatar

☆ Inside the Chechen Units Helping to Fight Russia’s War
▼ + stars: | 2024-06-16 | by ( Nanna Heitmann | Neil Macfarquhar | ) www.nytimes.com time to read: 1 min

Russia’s fighters are waging bloody battles in Ukraine’s east to add to its captured territory. Moscow supports this war effort with soldiers from outside the regular army, including some from a training camp in Chechnya. Some join for the money, others to escape everyday drudgery. Soldiers trained in Chechnya sign up to fight for Russia for a variety of reasons: money, boredom patriotism. Mayhem awaits them, as evident in the devastation of the city of Bakhmut.

Organizations: Russia Locations: Ukraine’s, Moscow, Chechnya, Bakhmut

☆ More Than 80 Nations Back Talks to Ease Path to Peace in Ukraine
▼ + stars: | 2024-06-16 | by ( Anton Troianovski | ) www.nytimes.com time to read: +1 min

Scores of countries at a two-day summit in Switzerland joined Ukraine on Sunday in calling for “dialogue between all parties” to end the war with Russia. But Ukraine’s president, Volodymyr Zelensky, said he remained steadfast in opposing any negotiations that could require his country to cede territory. The summit over the weekend drew dignitaries from about 90 countries to a Swiss Alpine resort; Russia was not invited and, because of that, China and Brazil declined to participate. At the end of the meeting, most of the delegations signed on to a statement of shared principles like promoting prisoner exchanges and nuclear safety. They also said that “further engagement of the representatives of all parties” was necessary to proceed, a vague formulation underscoring the lack of common ground on the biggest question hanging over the gathering: When, and how, should Ukraine and Russia seek to negotiate peace?

Persons: Volodymyr Zelensky, ” Organizations: Ukraine Locations: Switzerland, Russia, Swiss, China, Brazil, Ukraine

☆ In California, Tribal Members Are Reclaiming the ‘Land of the Flowing Water’
▼ + stars: | 2024-06-16 | by ( Jill Cowan | Mike Kai Chen | ) www.nytimes.com time to read: +1 min

Then came European settlers, and over time, tribe members lost access to nearly all of that land. Eventually, the water was lost, too: In the early 20th century, the developers of Los Angeles famously built a 226-mile-long aqueduct from Owens Lake to the city. Less familiar is what happened to the Owens Valley, and the people who lived there, after most of the water was sent south. Owens Lake is now a patchwork of saline pools covered in pink crystals and wetlands studded with gravel mounds designed to catch dust. They have recently reclaimed corners of the valley, buoyed by growing momentum across the country to return land to Indigenous stewardship, also known as the “Land Back” movement.

Persons: Red Organizations: Los Locations: Owens, Sierra Nevada, Los Angeles, Owens Lake

☆ A famed economist who called the 2008 recession shares 3 ways stocks resemble some of the biggest bubbles in history — and warns 2 'bona fide' recession signals showed up in May's jobs data
▼ + stars: | 2024-06-15 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Investors are currently reveling in the 'better', as an ongoing eight-month melt-up once again pushed the S&P 500 to fresh highs this week. But sooner or later, the 'worse' will come, warns David Rosenberg, the founder of Rosenberg Research, who famously called the 2008 recession while working as Merrill Lynch's chief economist. AdvertisementAnother sign the market is out over its skis is the performance divergence between the market cap-weight and the equal-weighted S&P 500 indexes. On June 12, the Dow underperformed the S&P 500 by 0.94%, one of only 71 trading days since 1982 where that's happened, according to Rosenberg's technical analysis consultant, Walter Murphy. AdvertisementIn addition to concerning market technicals, fundamentals could also be in a troubling place in the form of labor market weakness, Rosenberg said.

Persons: —, David Rosenberg, Merrill Lynch's, Rosenberg, Bob Farrell, Walter Murphy, Murphy, — Rosenberg, it's, Louis Fed, Piper Sandler Organizations: Service, Rosenberg Research, Business, Tech, Dow Jones, Dow, Nvidia, Microsoft, Apple, Federal Locations: lockstep

☆ G.O.P.-Led States, Claiming ‘Invasion,’ Push to Expand Power to Curb Immigration
▼ + stars: | 2024-06-15 | by ( Jazmine Ulloa | ) www.nytimes.com time to read: +1 min

Nearly a year since Texas adopted a law empowering state and local police officers to arrest undocumented migrants who cross into its territory, Republican lawmakers in at least 11 states have tried to adopt similar measures, capitalizing on the prominence of immigration in the 2024 presidential election. The fate of the proposals — six have been enacted or are under consideration, with Louisiana expected to sign its measure into law as early as next week — is still being litigated. In a case before a federal appeals court, Texas is defending its law by arguing that illegal immigration is a form of invasion, allowing it to expand its power to protect its borders. Federal courts have previously ruled that, from a constitutional perspective, the definition of the term invasion is limited to military attacks. States have tested the limits of their power over immigration before, but lawyers and legal scholars said the push this year was accompanied by what had amounted to a public-relations campaign.

Persons: Donald J, Trump, ”, Biden Organizations: Republican, Republicans Locations: Texas, Louisiana

☆ Ukraine peace summit to kick off in Switzerland without China and Russia
▼ + stars: | 2024-06-15 | by ( Tim Lister | ) edition.cnn.com time to read: +3 min

CNN —Nearly 100 countries and organizations are attending a major conference in Switzerland dedicated to setting out a path toward peace between Ukraine and Russia, but there will be no delegation from Moscow. The meeting, which is being held at a resort near Lucerne, will be attended by Ukrainian President Volodymyr Zelensky, who wants to gather support for the 10-point peace plan he first outlined late in 2022. It has said that any such meeting needs to be attended by both Russia and Ukraine. On Friday, the day before the summit was set to kick off, Russian President Vladimir Putin restated the Kremlin’s own peace plan, which Ukraine is unlikely to ever agree to. That most of the world is on the side of Ukraine, on the side of life.

Persons: Volodymyr Zelensky, Kamala Harris, Fumio Kishida, Ukraine’s , Vladimir Putin, Putin, Zelensky, ”, Zelensky “ Putin, ” Zelensky Organizations: CNN, Ukrainian, White, Japanese, NATO, Russian, Luhansk – Locations: Switzerland, Ukraine, Russia, Moscow, Lucerne, France, Germany, China, Donetsk, Luhansk, Kherson, Zaporizhzhia

What is the value of peace talks that aren’t actually talks between the warring sides? President Volodymyr Zelensky of Ukraine was due to open a peace conference in Switzerland on Saturday that is intended to shore up support for his country’s negotiating positions with backing from as many nations as possible. Yet even as the two-day gathering has emerged as the most widely embraced diplomatic effort to date to end the war, for now, the effort excludes Russia. The plan has drawn criticism from some countries, like China and Brazil, that say Russia and Ukraine need to negotiate directly for any chance to end the fighting. Mr. Zelensky’s 10-point peace plan involves Russia’s withdrawing in full from Ukrainian territory, paying reparations and facing justice over any war crimes.

Persons: aren’t, Volodymyr Zelensky, ” Celso Amorim, Luiz Inácio Lula da Silva, “, ” Mr, Zelensky, Zelensky’s Locations: Ukraine, Switzerland, Russia, Lucerne, China, Brazil

☆ As War Drags On, Gazans More Willing to Speak Out Against Hamas
▼ + stars: | 2024-06-15 | by ( Raja Abdulrahim | Iyad Abuheweila | ) www.nytimes.com time to read: +1 min

But it was just a temporary boost for Hamas, whose support among Gazans has been low for some time. And as the Israeli onslaught has brought widespread devastation and tens of thousands of deaths, the group and its leaders have remained broadly unpopular in the enclave. More Gazans have even been willing to speak out against Hamas, risking retribution. In interviews with nearly a dozen Gaza residents in recent months, a number of them said they held Hamas responsible for starting the war and helping to bring death and destruction upon them, even as they blame Israel first and foremost. One Gazan, Raed al-Kelani, 47, said Hamas always acts in its own interests.

Persons: Gazans, Israel, Raed, ” Organizations: Hamas, Palestinian Authority Locations: Israel, Gaza

☆ The Sticking Points That Kept Russia and Ukraine Apart
▼ + stars: | 2024-06-15 | by ( Anton Troianovski | Michael Schwirtz | ) www.nytimes.com time to read: +8 min

The Sticking Points That Kept Russia and Ukraine ApartRussia and Ukraine failed to agree on a range of critical issues when they held peace talks in the spring of 2022. Russia’s Position Russia demanded that Ukraine never join NATO or other alliances; host foreign military bases or weapons; or conduct military exercises with other countries without its consent. Russia’s Position Russia agreed to much of Ukraine’s security guarantees proposal but with key exceptions. Russia’s Position Russia’s stance has also fluctuated. Russia’s Position But Russia’s definition of “denazification” shifted quickly after its initial invasion failed.

Persons: Vladimir V, Putin, —, Volodymyr Zelensky, Russia’s, ” Organizations: The New York Times, NATO, European Union, Ukraine’s, Crimea ”, Ukraine, Mr, Russia’s, ” International, United Nations Locations: Russia, Ukraine, United States, France, China, guarantors, Belarus, Turkey, Territory, Crimea, Moscow, Ukrainian, Russian

☆ How the Oilers blew out the Panthers to avoid a Stanley Cup sweep: 5 takeaways
▼ + stars: | 2024-06-15 | by ( Michael Russo | Daniel Nugent-Bowman | ) www.nytimes.com time to read: +9 min

Dylan Holloway added two goals for the Oilers, and Mattias Janmark, Adam Henrique, Darnell Nurse, Ryan Nugent-Hopkins and Ryan McLeod had the others. Instead, the Oilers became the fourth team in a row to win Game 4 to extend a series after dropping the first three games of a Stanley Cup Final. “It only counts as one win,” Panthers captain Aleksander Barkov said. He was in on all three goals the Oilers had in the middle frame, scoring once and adding two assists. Leon Draisaitl, Hyman and Nugent-Hopkins were all pointless — a big reason the Oilers were in their gigantic hole.

Persons: Connor McDavid, Yogi Berra, “ it’s, McDavid, Wayne Gretzky’s, Dylan Holloway, Mattias Janmark, Adam Henrique, Darnell Nurse, Ryan Nugent, Hopkins, Ryan McLeod, Stuart Skinner, Doug Gilmour’s, Evgeni Malkin, Vladimir Tarasenko, Aleksander Barkov, Conn Smythe, yY2beIXAwx — Michael Russo, Bob, Sergei Bobrovsky, Anthony Stolarz, Bobrovsky, Holloway, Zach Hyman, “, ” Darnell Nurse, eason, ince, enrique, tim e, nic, ove Organizations: EDMONTON —, Edmonton Oilers, ” Edmonton, Florida Panthers, Rogers, Wayne Gretzky’s NHL, Oilers, Panthers, Edmonton, Montreal Canadiens, New York Rangers, New Jersey Devils, ” Panthers, Boston Bruins, Eastern Conference, ” Oilers, ust, pla Locations: South Florida, goa

Representatives from the warring nations held peace talks in the early weeks of the Russian invasion. It was the only time that Ukrainian and Russian officials are known to have engaged in direct peace talks. This includes the Crimean Peninsula, which Mr. Putin annexed in 2014 in a swift operation that he considers central to his legacy. At another point, Russia’s lead negotiator, Mr. Medinsky, interrupted a video conference by claiming that Mr. Putin was phoning him directly. There were signs that Mr. Putin was micromanaging not only the Russian invasion but also the peace talks.

Persons: Vladimir V, Putin, —, Putin’s, … ”, “, Oleksandr Chalyi, Mr, Vladimir Medinsky, Oleksii Reznikov, Vladimir Putin, Leonid Slutsky, Medinsky, ”, Aleksandr Fomin, Reznikov, Ukraine’s, … “, Sergey Ponomarev, Ukraine —, Andrzej Duda, Duda, Putin “, Recep Tayyip Erdogan, Murat Cetin Muhurdar, Russia’s, Zelensky, …, ‘, ’, Daniel Berehulak, Davyd Arakhamia, ” “, Roman Abramovich, ” Mr, Arakhamia, Abramovich, micromanaging, Nanna Heitmann, France —, Laetitia Vancon, Kamala Harris, Volodymyr Zelensky, “ Putin, Marc Weller, Russia “, Weller Organizations: The New York Times, Ukraine, Kremlin, NATO, “, Russian Federation, ”, European Union, West, Ministry, Times, Europe’s, Russian, Moscow, Donetsk People's, Nazi, U.S, Ukrainian, Turkish Presidential Press Service, Agence France, The Times, Russia, New York Times, stoke, Cambridge Locations: Ukraine, Russia, Moscow, Kyiv, Crimean, Switzerland, Ukrainian, Crimea, “ Ukraine, Republic of Crimea, Sevastopol, ”, … ” Russia, Russian, ” Russia, Istanbul, Geneva, Belarus, Western, Russia’s, Donetsk, Donetsk People's Republic, Luhansk People's Republic, Simferopol, Poland, Germany, France, European, Brussels, Turkish, Zelensky, “, Great Britain, China, United States, Turkey, Canada, Italy, Israel, Bucha, Washington, Swiss, Russians

☆ Energy prices in France turn negative as surging renewable output takes nuclear plants offline
▼ + stars: | 2024-06-14 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

French energy prices fell into negative territory on an overflow of renewable power, Bloomberg reported. AdvertisementDay-ahead energy prices in France fell into negative territory amid surging renewable power production, Bloomberg reported. The situation in France is different in that the rollout of renewable power has been slower than in other countries in the region, Reuters said. Paris has installed around 45 gigawatts of wind and solar capacity, and is behind European Commission targets. AdvertisementIf the National Rally party wins, it has pledged to slash renewable subsidies and end the wind power industry's expansion.

Persons: —, It's, SEB Research Organizations: Bloomberg, Service, Electricite, Reuters, National Rally Locations: France, Spain, Germany, Paris

☆ Opinion | Here’s Why Ukraine Should Seek Peace
▼ + stars: | 2024-06-14 | by ( A. Walter Dorn | ) www.nytimes.com time to read: +1 min

Sooner or later, both sides will have to agree to a cease-fire and come up with a peace agreement. Many in the West argue that making concessions to Russia for a peace agreement would amount to appeasing an aggressor and only encourage further attacks. Ending the war will allow Ukraine to rearm and integrate further into Europe and the West, actually increasing deterrence. The peace conference in Switzerland this weekend, convened by Ukraine to muster diplomatic support for its cause, can provide a much needed opportunity to examine whether an accord is reasonable and achievable. Russia has expressed willingness to negotiate, though it has not been invited to the conference because Ukraine suspects that Russia will just use the meeting for show.

Organizations: Ukraine Locations: Ukraine, Russia, rearm, Europe, Switzerland

☆ Asia-Pacific markets range bound ahead of Bank of Japan rate decision
▼ + stars: | 2024-06-14 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

The Bank of Japan (BOJ) headquarters is seen beyond the cherry blossoms in Tokyo on March 20, 2023. Kazuhiro Nogi | Afp | Getty ImagesAsia-Pacific markets were largely range bound on Friday ahead of the Bank of Japan's rate decision. Economists polled by Reuters expect the BOJ will maintain its benchmark interest rate at 0%-0.1%, but Nikkei reported the central bank is considering reducing its holdings of Japanese government bonds. The BOJ currently aims to purchase about 6 trillion yen ($38.5 billion) in bonds per month, and has informed the market of plans to purchase between 4.8 trillion yen and 7 trillion yen of bonds per month. Hong Kong Hang Seng index futures were at 17,964, lower than the HSI's last close of 18,112.63.

Persons: Kazuhiro Nogi, Kospi Organizations: Bank of Japan, Afp, Getty, Bank of, Reuters, Nikkei Locations: Tokyo, Asia, Pacific, Hong Kong

☆ Why a 3-Legged Lion and His Brother Swam Across a Crocodile-Filled River
▼ + stars: | 2024-06-14 | by ( Anthony Ham | ) www.nytimes.com time to read: +1 min

Barely 12 hours earlier, the two males had lost a battle for territory and were lucky to still be alive. Remaining on this side of the channel was dangerous, and they could probably hear the roars of female lions in the distance. And one of the lions, known as Jacob by researchers, has only three legs. The two big cats set out for what the researchers call the longest-recorded swim ever taken by lions. The scientists describe their findings in a paper that has been accepted for publication in the journal Ecology and Evolution.

Persons: Jacob, Tibu Organizations: Queen Locations: Queen Elizabeth, Uganda

☆ Russia's Putin sets out conditions for peace talks with Ukraine
▼ + stars: | 2024-06-14 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Russian President Vladimir Putin speaks during visit to the Joint Institute for Nuclear Research on June 13, 2024 in Dubna, Russia. Russian President Vladimir Putin on Friday set out the requirements for Moscow to start peace talks with Ukraine, more than two years after the Kremlin's full-fledged invasion of its neighbor. He said that Moscow was committed to ensuring the "unhindered and safe withdrawal" of Ukrainian forces if Kyiv agrees to such a concession. If the peace proposal is refused, Putin added, Moscow's future demands will be different. He has also insisted that Ukraine regain the peninsula of Crimea, which Russia annexed illegally prior to the current war, in February 2014.

Persons: Vladimir Putin, Putin, Volodymyr Zelenskyy's Organizations: Joint Institute for Nuclear Research, Russian Foreign Ministry, NATO —, Google, Tass, CNBC, Ukrainian Ministry of Foreign Affairs Locations: Dubna, Russia, Russian, Moscow, Ukraine, Donetsk, Luhansk, Zaporizhzhia, Kherson, Kyiv, ., Crimea

☆ A new plane Ukraine is getting will amplify its F-16s and eat into Russia's advantage in the air, experts say
▼ + stars: | 2024-06-14 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe arrival of a new type of aircraft for Ukraine will give it an advantage it's not had before, and will help boost the effectiveness of its promised F-16s, experts told Business Insider. Sweden announced late last month that it is giving Ukraine two ASC 890 airborne control and surveillance aircraft, which act as command centers in the air. They remain highly vulnerableDuring the war, Russia has been using its own A-50 Airborne Early Warning & Control aircraft to monitor Ukraine's air space and coordinate attacks. AdvertisementThe experts said hanging back is also likely the best approach for Ukraine's first F-16s, so the jets can protect cities and infrastructure while staying away from most of Russia's weaponry.

Persons: —, it's, Ukraine Tim Robinson, Pal Jonson, Jose Miguel T, Mark Cancian, Peter Layton, Alexander Zemlianichenko, Layton, Cancian Organizations: Service, Ukraine, Business, UK's Royal Aeronautical Society, Swedish, US Air Force, Marine, Center for Strategic, International Studies, Griffith Asia Institute, Royal Australian Air Force, Control, AP, Aircraft Locations: Ukraine, Sweden, Swedish, Russia, Denmark, Netherlands, Norway, Belgium

☆ Why the Stock Market Has Risen Even With No Fed Rate Cuts
▼ + stars: | 2024-06-14 | by ( Jeff Sommer | ) www.nytimes.com time to read: +1 min

Even without any interest rate cuts so far in 2024 — and with the likelihood of just one meager rate reduction by the end of the year — the stock market has been purring along. That’s quite an achievement, given the expectation in January that the Fed would trim rates six or seven times in 2024 — and that interest rates throughout the economy would be much lower by now. Buoyant as the stock market may seem, when you look closely, it’s apparent that the S&P 500’s recent returns rest on a precarious base. fever — based on the belief that artificial intelligence is ushering in a new technological age — has been spreading among investors, and that has been enough so far to keep the overall stock market averages rising. In fact, strip away the biggest companies, especially the tech companies, and overall market performance is unimpressive.

Persons: — Organizations: Federal, Nvidia, Microsoft, Apple Locations: U.S

☆ Pacific Indigenous leaders have a new plan to protect whales. Treat them as people
▼ + stars: | 2024-06-14 | by ( Jared Formanek | ) edition.cnn.com time to read: +13 min

Along with the Māori of New Zealand and groups from the Cook Islands, Indigenous leaders from Tahiti, Tonga, Hawaii, and Easter Island signed the He Whakaputanga Moana treaty. In the coming months, she plans to engage with various countries throughout the Pacific to discuss whale personhood legislation. The Cook Islands office said it had “yet to receive a formal submission” from indigenous leaders on the declaration’s implementation. Māori King Tūheitia Pōtatau and Tou Travel Ariki, Cook Islands President of the House of Ariki, at the signing of the He Whakaputanga Moana declaration in Rarotonga, Cook Islands. This came after a global ban on commercial whaling was instituted by the International Whaling Commission in 1986.

Persons: Mere, “, Tūheitia Pōtatau, Josh Baker, ” March’s, ”, Takoko, Britain’s King Charles III, Moana, Māori, Michelle Bender, ” Bender, Carlos Duarte, Ralph Chami, Chami, Miguel Medina, ” Chami, Duarte, Emily Charry Tissier, Charry Tissier, ” Duarte Organizations: Hong Kong CNN, Easter, Conservation, Fund, Nature, Conservation International Aotearoa, Ocean Initiative, New Zealand, Nations, New, Commonwealth, CNN, RNZ, New Zealand’s Ministry of Foreign Affairs, Trade, ’ Office, International Whaling Commission, Ocean, King Abdullah University of Science, Technology, Bahia, Natural, Getty, “, International Monetary Fund, Initiative, United Nations Locations: Hong Kong, Rangitukia, New Zealand’s, Cook, New Zealand, Cook Islands, Tahiti, Tonga, Hawaii, Moana, Rarotonga, Atlantic, New, Te Whānau, Pacific, Samoa, Whanganui, “, Zealand, , New Zealand, Wellington, Seattle, Japan, Washington ,, Bahia Malaga, Colombia, AFP

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