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☆ The next front in U.S.-China tech battle? Underwater cables that power the global internet
▼ + stars: | 2024-07-16 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Subsea cables are the backbone of the internet, carrying 99% of the world's data traffic. What are subsea cables? Subsea cables are the backbone of the global internet, carrying 99% of the world's intercontinental data traffic. More recently, U.S. tech giants including Meta, Google, Microsoft, and Amazon have invested significant sums to lay down their own cables. Many international subsea cable projects are reportedly circumventing China today due to concerns over data security and Beijing's expanding geopolitical influence.

Persons: TeleGeometry, Andy Champagne, Joe Vaccaro, Vaccaro Organizations: Photodisc, Getty, Yemen's, U.S, Asia America Gateway, Akamai Labs, CNBC, Cisco, Meta, Google, Microsoft, Amazon, U.S ., Echo, State Department, Wall Street, Submarine Systems, Team Telecom Locations: Yemen's Iran, China, Ireland, Asia, U.S, U.S . West Coast, Singapore, Indonesia, Africa, Europe, Pacific, Estonia, Hong Kong

US Secret Service Director Kimberly Cheatle on Monday released her first statement since the assassination attempt against Donald Trump on Saturday. Secret Service personnel on the ground moved quickly during the incident, with our counter sniper team neutralizing the shooter and our agents implementing protective measures to ensure the safety of former president Donald Trump. The incident in Pennsylvania has understandably led to questions about potential updates or changes to the security for the Republican National Convention in Milwaukee. The security plans for National Special Security Events are designed to be flexible. The Secret Service is tasked with the tremendous responsibility of protecting the current and former leaders of our democracy.

Persons: Kimberly Cheatle, Donald Trump, Corey Comperatore, Donald Trump’s, Trump, Biden, Trump’s, ” Organizations: Secret Service, FBI, Republican National Convention, Secret, Federal, National, Service, City Locations: Butler , Pennsylvania, Pennsylvania, Milwaukee, The, City of Milwaukee

☆ This couple built a travel company for Americans who want to leave the U.S.—then they did it themselves
▼ + stars: | 2024-07-12 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

Barnett says the amount of research she and Andrews poured into their relocation project prompted them to start their own travel company, Expatsi, to help other Americans explore their options to move abroad. Launching a travel company for American expatsBarnett and Andrews went back to basics to figure out what city to live in. In March 2024, Barnett and Andrews led a group of 30 Americans around Portugal for 10 days and Spain for 12 on their inaugural Expatsi scouting trip. Americans who dream of moving abroad are getting help from travel companies like Expatsi, which offers scouting trips to international cities. So far, Expatsi travelers have mostly been women ranging in age from 22 to 80 with a cluster around 40 to 65, Barnett says.

Persons: Brett Andrews, Jen Barnett, Barnett, Andrews, expats Barnett, We've, Roe, Wade, Expatsi, Expatsi's, Joe Biden, Donald Trump Organizations: U.S ., U.S, Portugal, CNBC, Google Locations: Alabama, Mexico, Birmingham , Alabama, Canada, Vancouver, U.S, Cigna, Portugal, Spain, France, Italy

☆ How Can Europe Reduce Its Military Dependency on the United States?
▼ + stars: | 2024-07-12 | by ( Steven Erlanger | ) www.nytimes.com time to read: +1 min

Even the European members of NATO say that they must do more to defend themselves as the war in Ukraine grinds on and the United States shifts its priorities to Asia and a rising China. In fact, European member states have made considerable progress in the last few years to restore more credibility to deterrence against Russia. But they began from a low base, having cut military spending sharply after the collapse of the Soviet Union and reacting with complacency to Russia’s annexation of Crimea in 2014. There is a lot more that the Europeans should do to become less dependent on the United States, NATO officials and analysts said this week during the alliance summit in Washington. That includes committing more money to defense, building up arms manufacturing and coordinating the purchase of weapons systems that could replace those now provided solely by the Americans.

Persons: Donald J, Trump Organizations: NATO Locations: Ukraine, United States, Asia, China, Russia, Soviet Union, Crimea, Washington

☆ In Europe, Tactical Voting Was a Big Winner. In the U.S. It Is Harder.
▼ + stars: | 2024-07-11 | by ( Amanda Taub | ) www.nytimes.com time to read: +1 min

France and Britain held elections last week, and the big winner turned out to be … tactical voting. In the United States, President Biden’s main pitch to voters has been a call to vote against Donald Trump. But in the United States, political parties have more difficulty coordinating to shape voters’ choices. Understanding how the French and British results were achieved is, of course, a useful way to understand the political situation in those countries. But it can also shed light on the current situation in the United States, where political parties’ struggles to coordinate have had significant consequences.

Persons: —, Biden’s, Donald Trump Locations: France, Britain, United States

☆ NATO is taking greater control of Western efforts to back Ukraine's fight as US politics raise questions about its reliability
▼ + stars: | 2024-07-11 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Read previewNATO is moving forward with a new initiative that will see it take greater control over Western efforts to arm and train Ukraine's military. The move comes as the alliance aims to solidify the long-term support for Kyiv as it battles the Russian invasion. Growing concern about the potential change in US leadership has hung over the highly consequential NATO summit in Washington this week. Ukraine's President Volodymyr Zelenskyy and US President Joe Biden at the 2024 NATO summit. "There are 32 countries in the alliance," the NATO official who spoke on the condition of anonymity said Thursday.

Persons: —, Donald Trump —, Donald Trump, NICHOLAS KAMM, Volodymyr Zelenskyy, Joe Biden, Susan Walsh, Trump, Ivo Daalder, Laurynas Organizations: Service, Kyiv, NATO, Ukraine —, Business, Wednesday, Assistance, Training, White, Getty, Ukraine Defense Contact, AP, Ukraine, Russian, Trump, Wall Street, Kiel Institute, Politico, Republican, Democratic Locations: Russian, Ukraine, Washington, Germany, Poland, Romania, Slovakia, Kyiv, Russia, Europe, NATO

☆ As NATO meets, leaders look to 'Trump-proof' the military alliance
▼ + stars: | 2024-07-10 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

US President Donald Trump arrives for the NATO summit at the Grove hotel in Watford, northeast of London on December 4, 2019. U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky speak during a meeting in New York on September 25, 2019. Hanno Pevkur, Estonia's defense minister, emphasized that NATO allies did not interfere in each other's domestic politics and democratic processes. So when, when the choice of American people is Donald Trump, then it's Donald Trump. Then all the countries in the world, including Estonia, including the NATO allies, have to talk with this administration who will be put in place."

Persons: Donald Trump, Christian Hartmann, Trump, Recep Tayyip Erdogan, Peter Nicholls, Jens Stoltenberg, Stoltenberg, Joe Biden's, —, Volodymyr Zelensky, Saul Loeb, Donald Trump's, Keir Starmer, Starmer, we've, that's, Radosław Sikorski, CNBC's Steve Sedgwick, Hanno Pevkur, It's, France —, Balázs Orbán, Viktor Orbán Organizations: NATO, AFP, Getty, Republican, Ukraine, Eurasia Group, Trump, Ukrainian, Independent, CNBC, Hungary's Locations: Grove, Watford, London, Washington, Ukraine, China, North Korea, Iran, Britain, New York, Europe, Russia, Estonia, United States, Germany, Canada, France, Poland

☆ Two men plead guilty to helping send electronics found in weapons to Russia
▼ + stars: | 2024-07-10 | by ( Jack Forrest | ) edition.cnn.com time to read: +3 min

A co-defendant in the case, Kristina Puzyreva, pleaded guilty in February to conspiracy to launder the proceeds of the export scheme, prosecutors said, and she now awaits sentencing. Authorities seized around $1.68 million dollars in connection with the scheme, prosecutors say. The components the trio sourced have been found in seized Russian weapons that included guided missiles, helicopters, unmanned aerial vehicles and battle tanks, with some of the components needed for Russia’s precision-guided weapons systems being used against Ukraine, according to prosecutors. “The defendants were aware of the potential military applications of the electronics that they exported to Russia,” prosecutors said in the release. “Goltsev responded, ‘happy holiday to you too my friend, we are defending it in the way that we can [smile emoji].’”CNN’s Devan Cole contributed to this report.

Persons: Salimdzhon Nasriddinov, Nikolay Goltsev, “, Lisa Monaco, “ Mr, Goltsev, ” Todd, Kristina Puzyreva, Ivan J, Arvelo, Nasriddinov, ’, “ Goltsev, ‘, ” CNN’s Devan Cole Organizations: CNN, of, Nasriddinov, SH Brothers Inc, SN Electronics Inc, United, United Arab Emirates, Homeland Security Investigations, York, Authorities, Fatherland, Soviet Union Locations: Montreal, Russia, Ukraine, Eastern, of New York, Brooklyn, Turkey, Hong Kong, India, China, United Arab

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, –

“My cart looks ridiculous,” said Ms. Uhuru, 48, who supplements her hauls with vegetables grown in her garden. “People think I am a shift shopper.” Sylvia Jarrus for The New York Times, including previous image. Sawyer’s April Shopping Total shopping trips: 14 Impulse purchases: Castelvetrano olives ($5.99) and sparkling water (prices vary) Share of drinkable purchases: 70 percent What might a stranger notice if she peered into Sawyer Bonsib’s cart? “The old adage ‘Don’t go grocery shopping when you are hungry,’ applies triply during Ramadan,” he said. “Or my toddler will gnaw on a tortilla while I’m making dinner.” Jessica Attie for The New York Times, including previous image.

Persons: —, creamer, Jackie Kesterson, haven’t, ”, “, Kesterson, Rebecca Gratz, Kimberly Uhuru Detroit, Kimberly Uhuru, Uhuru, ” Sylvia Jarrus, Sawyer, Mr, Bonsib, Alcoholics Anonymous, isn’t, ” Will Newton, pita —, Pecorino Romano, pistachios, Ayse Gilbert, Gilbert, She’s, ” Kerry Tasker, Sonal Singh, Singh, Carolyn Fong, Bingahlan, Abdul Bingahlan, chiles, We’re, Bingahalan, ‘, Brittainy Newman, Amy O’Neill Houck, ” — Mindy Huskins, — Naeman Mahmood, ” — Martha Goff, Gabby Cavazos Austin, Gabby Cavazos, Cavazos, ” Jessica Attie, Young, Alan Young, . Young, Croix seltzer Organizations: THE, Amazon Grocery, Vee, The New York Times, Walmart, Alcoholics, Costco, Gilbert Anchorage, University of Georgia, Mart, chiles, Atlanta, Emory, Coordinating, Foods, Assistance, SNAP Locations: United States, romaine, Jackie Kesterson Omaha, Rosedale Park, Target, Croix, Waterloo, Malvern, Ark, Gilbert, Alaska, Anchorage, Carmel , Calif, California, Sonal Singh Foster City, Calif, India, Foster City, Bingahlan New York City, Cordova , Alaska, Newark, Del, Atlanta, Sacramento, Gabby Cavazos Austin , Texas, Texas, Young Hilo, Hawaii

Even so, four sources close to the Biden family said there is no active effort to shake up staffing right now. Hunter Biden's appearance in White House meetings this week was just one instance of what is expected to be the deeper Biden family involvement. From the view of some Biden aides, the family is seizing on an opportunity to try to settle old scores. President Joe Biden's family is attempting to become more involved over his campaign and White House affairs as their anger with his staff spills into public view. Hunter Biden's stepped-up involvement has confounded some White House staff members and revived a longtime sore spot.

Persons: Biden, Anita, Bob, Jeff Zients, Anita Dunn, Bob Bauer, Hunter, Valerie Owens, Joe Biden's, Joe Biden, Jill Biden, Francis S, Ron Klain, It's, Hunter Biden's, Bauer, Dunn, Hunter Biden, Michael LaRosa, LaRosa, Andrew Bates, Donald Trump, Bauer haven't, Almighty's Organizations: White, White House, ABC, Biden, NBC, Air Force, Gabreski, Union, Yale, Camp David, Democratic Party, Trump Locations: White, Washington, Westhampton Beach , New York, Delaware

☆ Anant Ambani, Radhika Merchant wedding: Everything you need to know about India’s wedding of the year
▼ + stars: | 2024-07-03 | by ( Rhea Mogul | ) edition.cnn.com time to read: +11 min

Extravagant pre-wedding celebrations have already sent Indian media into a frenzy and social media feeds are abuzz over what’s to come. Anant Ambani and Radhika Merchant at their pre-wedding celebrations in Jamnagar, Gujarat, India on March 1, 2024. The Ambani pre-wedding celebrations had elaborate floral arrangements. Actor Ranveer Singh and his wife and actor Deepika Padukone pose for a photo during the pre-wedding celebrations earlier this year. Coordinating with Merchant, Ambani also wore a custom black suit designed by Wun, encrusted with jewels.

Persons: Anant Ambani, Radhika Merchant, Mark Zuckerberg, Bill Gates, partygoers, Katy Perry, Andrea Bocelli, Mukesh, Nita Ambani –, Reuters Ambani, Mukesh Ambani, Ambani, Anant, Viren Merchant, Nita, Manish Malhotra, ”, Merchant, “, Radhika, Mangal Utsav, Vishnu, Nita Ambani, Manish Malhotra Malhotra, Ranveer Singh, Deepika Padukone, Malhotra, Sabyasachi Mukherjee, Tarun Tahiliani, lehenga, Manish Malhotra Ambani’s, Rohit Bal, Lorraine Schwartz, Versace, Blake Lively, Robert Wun, ” Mareesha, Salman Khan, Ram Charan, Shah Rukh Khan, Aamir Khan, Narendra Modi, ” Parikh, Vanessa Almeida, Jamnagar Organizations: CNN, Backstreet Boys, Convention, Reliance Industries, Reuters, Bloomberg, Brown University, Reliance, pharma, Viren, Encore Healthcare, New York University, Vogue, sangeet, Sangeet, Merchant, All India Traders Locations: what’s, Jamnagar, Europe, Mumbai, Gujarat, India, Jamnagar ., Bharatnatyam, Agra, Uttar Pradesh, Hong Kong, Goa

New Delhi CNN —A crowd crush at a religious gathering in northern India killed more than a hundred people Tuesday, mostly women, in one of the deadliest such incidents the country has seen in recent years. Almost all those killed were women, Singh said earlier, with at least seven children also among the dead. An estimated 80,000 people had been expected to attend the event, where Bhole Baba was giving a sermon. Permission was sought for the event with 80,000 attendees, however a crowd of more than 250,000 devotees gathered, the report said. People there pulled them out,” Shakuntala Devi told the Press Trust of India news agency, according to the Associated Press.

Persons: Bhole Baba, godman, Sandeep Singh, Singh, ” Singh, Anupam Kulshreshtha, Bhole, ”, Shakuntala Devi, General Shalabh Mathur, Narendra Modi, Modi, “ Organizations: New, New Delhi CNN, Police, State for Education, Local, CNN, “, Press Trust of India, Associated Press, Reuters Locations: New Delhi, India, Garhi, Uttar Pradesh, Hathras district, Agra, Ambala, Etah district, Jammu, Maharashtra

☆ Greece's plan for a 6-day workweek to boost productivity may not work
▼ + stars: | 2024-07-02 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

The shift is notable because it runs counter to the companies and countries that are experimenting with a four-day workweek. The extra hours will come with a 40% jump in pay for Greek workers who add two hours to their day or take on an extra eight-hour workday. He previously told BI that he and his management colleagues began looking into a four-day workweek after seeing successful pilots in Japan and other countries. They wanted to make sure we keep doing the four-day workweek," he said. AdvertisementBasis Technologies, an advertising software company, shifted its workweek to four and a half days after years of experiments with a four-day workweek and other approaches.

Persons: —, Adedy, Zachary Toth, Toth didn't, Toth, Emily Barron, Barron, Kyriakos Mitsotakis, Aris, Germany's Organizations: Service, Business, Guardian, Research, Metex Corporation, Technologies, Aris Kazakos, Aristotle University of Thessaloniki, Germany's DW Locations: Greece, India, Toronto, Japan

☆ I shopped for work outfits at COS and Zara and preferred the more expensive store
▼ + stars: | 2024-06-28 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +8 min

Today, Zara, H&M, and Aritzia have become the go-to stores. Related storiesVersatile attire rather than strictly professional clothes makes sense with Zara's brand mission. Samantha Grindell/Business InsiderAgain, the jacket was work-appropriate, but I thought I would feel uncomfortable in the office in the skort because of its length. Samantha Grindell/Business InsiderThe outfit that surprised me most was a white set with a $69 tank top and $89 shorts. Samantha Grindell/Business InsiderThe COS clothes were slightly more expensive than the pieces from Zara, but the price difference felt minuscule considering the COS pieces' quality.

Persons: —, It's, Katie Reeves, Samantha Grindell, Nordstrom, Zara didn't, I've Organizations: Service, Abercrombie, Fitch, Outfitters, Business, M, COS, M Group, Zara Locations: Hollister, Zara, London, America, New York, Mexico, Lower Manhattan

☆ Ted Cruz's leaked donor docs show how money in politics really works
▼ + stars: | 2024-06-20 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

Read previewOn Tuesday, reporter Pablo Manríquez discovered a collection of documents that appear to belong to Sen. Ted Cruz's campaign. Each individual at the dinner had pledged between $1,000 and $2,500 to Cruz's campaign, according to the documents. AdvertisementFor each of those New York meetings, Cruz was supplied with detailed biographies of his interlocutors, a list of their recent political contributions, and directions on how much money to ask for. For some meetings, Cruz is directed to ask a single donor whether they will contribute $119,200 to his race. Advertisement"Ask [donor] to talk to your team about outside efforts" isn't a 'solicitation' under federal campaign finance law," Ghosh wrote on X.

Persons: —, Pablo Manríquez, Sen, Ted Cruz's, Cruz, Cruz —, Colin Allred, who's, Donors, Cruz's, Saurav Ghosh, it's, reelect Cruz, ade Organizations: Service, Texas Republican, Business, Democratic Rep, Washington , DC, Juneteenth, GOP, Capitol, Republican, Senate, Committee, Ericsson, National Association of, Texas GOP, National Republican, @tedcruz, TX GOP Locations: America, Washington ,, Texas, New York, York, Manhattan

CNN —Six people have died from heatstroke during the Hajj pilgrimage to Mecca, amid warnings from Saudi officials that temperatures during the annual gathering could reach 48 degrees Celsius (118 degrees Fahrenheit) this year. More than 1.8 million people are taking part in Hajj this year, according to the Saudi General Authority for Statistics. The Hajj is one of the biggest religious gatherings in the world and the largest annual event in Saudi Arabia. This year, Saudi Arabia is expected to experience extreme heat over the five-day pilgrimage, with temperatures reaching 48 degrees Celsius (118 degrees Fahrenheit) in Mecca. A Muslim pilgrim splashes water on his head to cool off at the base of Saudi Arabia's Mount Arafat during the Hajj pilgrimage on June 15, 2024.

Persons: Mount Arafat, Ramadan, Fadel Senna, Muhammad Al, Abdulaali, Jordan, Hajj – Organizations: CNN, Saudi, Saudi General Authority, Statistics, Getty Locations: heatstroke, Mecca, Jordanian, Jeddah, Jordan, Arafat, Saudi Arabia, Hajj, Saudi, AFP

☆ Hungary agrees not to veto NATO's deepening support for Ukraine in exchange for nonparticipation
▼ + stars: | 2024-06-12 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

NATO Secretary-General Jens Stoltenberg said Hungary will neither block nor participate in the military alliance's deepening support for Ukraine, as he looks to shore up support ahead of a key summit in Washington next month. "At the summit, I expect allies will agree a leading role for NATO in coordinating and providing security assistance and training for Ukraine. I also expect allies will agree long-term financial pledge to provide military support," Stoltenberg said Wednesday at a press briefing in Budapest, where he carried out a surprise visit. In exchange for these concessions, Hungary has agreed not to veto NATO's deepening military aid in support of Ukraine. And he has confirmed that Hungary will meet all of its NATO commitments in full," Stoltenberg said Wednesday.

Persons: Jens Stoltenberg, Stoltenberg, Viktor, Orban Organizations: NATO, Ukraine, Associated Locations: Hungary, Washington, Budapest, Ukraine

☆ The right-wing surge in EU Parliament could have implications for Europe and beyond
▼ + stars: | 2024-06-09 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

Right-wing parties across Europe have seen a surge in support over recent years and are set for record gains in the 2024 European Parliament elections. Meanwhile, an emboldened ID party could apply pressure on Parliament to alter its stance on other contentious issues. Here's a look at how these shifts could impact EU policy. "The incoming Commission and Parliament are likely to continue the trend towards greater protectionism and intervention in strategic industries, although the EU will remain an open, trade-dependent economy," they wrote. EU enlargementElsewhere, enlargement of the EU could face further setbacks with a larger euroskeptic presence in Parliament.

Persons: Sean Gallup, Armida van Rij, Chatham House thinktank, Verisk, Mario Bikarski, Laurent Balt, van Rij, Dorien Rookmaker, Balt Organizations: Getty, Populist, Sunday, Greens, European Free Alliance, European People's Party, EPP, European Conservatives, Eurasia Group, Chatham House, CNBC, Immigration, Citi, ECR, EU Locations: Europe, Ukraine, Russia, China, U.S

☆ America's Economic Plan Will Hurt World Economy, Global Stock Markets
▼ + stars: | 2024-06-09 | by ( Linette Lopez | ) www.businessinsider.com time to read: +11 min

The European Central Bank began easing interest rates on Thursday, cutting its benchmark rate by 0.25%. Investors and economists expect the Federal Reserve to follow suit and cut interest rates in September. This combination means there's a good chance that the September cut Wall Street is praying for may never materialize. The US already has somewhat higher interest rates than other countries — the Fed's benchmark rate is 5.25%- 5.50%. And in Asian economies, where interest rates are already significantly lower than in the US, things could get even messier.

Persons: Tamara, Vasiljev, Peter Schaffrik, Nigel Green, Green, we're Organizations: European Central Bank, Investors, Federal Reserve, Oxford Economics, JPMorgan, UBS, Bloomberg, of International Finance, Markets, RBC Capital Markets, deVere, Fed, We're, ECB, Bank of, EU, Bank of Canada, Bank of Canada's, Bank of England Locations: stagflation, China, Europe, Japan, South Korea, It's, America, United States, EU, Bank of England, Canada, East Asia

☆ Chinese trade group seeks drone jammers for Russian buyers
▼ + stars: | 2024-06-05 | by ( Laura He | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —A Chinese government trade body has sought drone detectors and jammers for apparent Russian buyers, adding to concerns that Beijing may be supplying dual-use technology to Moscow. They are known for being used by the Russian army during its 2022 invasion of Ukraine to identify drone activity. He told CNN by phone that it was removed because it was “improper.” CNN has also reached out to the Yunfu trade association for comment. Mastro said she is “not particularly surprised” that local Chinese governments would help Russian companies seek drone equipment. Last week, the US warned it could act against Chinese firms and financial institutions in response to Beijing’s alleged backing of Russian war efforts.

Persons: Vladimir Putin, Xi Jinping, Volodymyr Zelensky, “, ”, Oriana Skylar Mastro, Stanford University’s Freeman, Mastro, doesn’t, Antony Blinken, Washington Organizations: Hong Kong CNN, Guangdong Provincial Association, Promotion of, province’s Commerce Department, Assel Labs, 3MX, City’s Association, Promotion of International Trade, United, CNN, US, Stanford, Stanford University’s Freeman Spogli Institute for International Studies Locations: China, Hong Kong, Beijing, Moscow, Guangdong, Russia, Russian, Ukraine, United States, Singapore, “ Beijing

☆ An icon of Detroit’s ruin is now a symbol of Motor City’s economic resurgence
▼ + stars: | 2024-06-03 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

CNN —For more than 35 years, Michigan Central Station has lain dormant, towering above Detroit’s Corktown neighborhood as a harsh and stoic reminder of the city’s economic pain. Now, Michigan Central Station, the neighboring old Book Depository and Butler himself are all symbols of hope for Detroit’s future and its ongoing economic resurgence. An aerial view of Michigan Central Station and the surrounding property, including the former Book Depository (left), under construction in 2020. Stephen McGee/Michigan Central Michigan Central Station's Grand Hall before and after the six-year renovation project funded by the Ford Motor Company. And with Michigan Central Station coming online, that’s only expected to grow.

Persons: Ronald Butler, “ We’ve, ” Butler, Timothy Fadek, ”, Henry Ford’s, Butler, James Haefner, Mary Culler, Ford, ‘, Kevin Johnson, Stephen McGee, ” Johnson, “, Johnson, Charles Dougherty, I’m, Geoff Robins, ’ ” Dan Austin, Eminen’s, Rebecca Cook, Bill Ford, CNN’s Poppy Harlow, Michigan Central Stephen McGee, tradespeople, Carlos Osorio, ” Austin, Josh Sirefman Organizations: CNN, Michigan Central, Detroit Fire Department, ”, Train Station, Motor, Detroit, Michigan Central Station, Storage Safety, Michigan, Ford Motor Company, Depository, Ford, Detroit Economic Growth Corporation, of Labor Statistics, Getty, Honda Accord, Reuters, Denver’s, Michigan Central Michigan Central Station's Locations: ” Michigan, Motor City, Michigan, Detroit, “, Wells Fargo, AFP, ”, ’ ” Dan Austin , Michigan, America, Indiana

☆ Defense Lawyers to Begin Closing Arguments in Trump’s Criminal Trial
▼ + stars: | 2024-05-28 | by ( Jonah E. Bromwich | Ben Protess | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump’s Manhattan criminal trial will enter its final stage Tuesday as defense lawyers and prosecutors deliver their closing arguments in a last attempt to sway the 12 New Yorkers who will decide his fate. First the defense and then the prosecution will spend hours weaving disparate strands of evidence into a cohesive story that they hope will resonate with the jurors. The undisputed facts concern that $130,000 transaction; Mr. Cohen paid the porn star, Stormy Daniels, to silence her story of a sexual encounter with Mr. Trump. Prosecutors have argued that Mr. Trump directed Mr. Cohen to pay Ms. Daniels and approved a criminal scheme to reimburse Mr. Cohen, disguising the repayments by saying that they were made for legal services that in fact were nonexistent. Their case is backed by the testimony of Mr. Cohen himself, as well as Ms. Daniels, several other witnesses and phone records, text messages and emails.

Persons: Donald J, Yorkers, Trump, Michael D, Cohen, Stormy Daniels, Daniels, Mr Organizations: Prosecutors

☆ Access to Aid in Gaza Was Dire. Now, It’s Worse.
▼ + stars: | 2024-05-27 | by ( Amy Schoenfeld Walker | Elena Shao | ) www.nytimes.com time to read: +9 min

Access to Aid in Gaza Was Dire. Israel closed that crossing as well as the Rafah crossing, where a majority of aid had been coming in. Nearly 300 aid trucks had crossed there in a single day just before the incursion. COGAT, the Israeli military agency coordinating aid delivery, has said that increasing the amount of aid going into Gaza remains a priority. But just a quarter of that amount arrives on average each day since the closure of Rafah crossing, according to U.N. data.

Persons: ”, Israel, Biden, Georgios Petropoulos, it's, ” Erez, Erez, Kerem Shalom, Abdel Fattah al, Ahmad Ezzat, Scott Anderson, Anderson, Petropoulos, —, Khan Younis, Mr Organizations: International Court, Justice, Central Kitchen, U.S ., United, Aid, Egyptian Red, UNRWA, Kerem, U.S, United Nations Relief, Works Agency for Palestine Refugees, Food Program Locations: Gaza, Southern, Israel, Rafah, Ashdod, Kerem Shalom, United Nations, “, Erez, Israel GAZA, EGYPT, U.S, Egypt, Kerem, Egyptian, Israeli

☆ FDIC did not report allegations of senior officials' misconduct 'in a timely manner,' watchdog says
▼ + stars: | 2024-05-24 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

The Federal Deposit Insurance Corp. failed to report allegations of senior officials' misconduct in a timely manner, according to a new memo from the agency's internal watchdog. The Office of Inspector General "learned of several allegations of misconduct regarding senior FDIC officials that were not reported to the OIG in a timely manner," said the letter, dated Thursday. "The OIG is now reviewing these allegations to determine how they should be incorporated into OIG work plans." A scathing independent report published in April found a widespread culture of harassment and discrimination at the FDIC, citing allegations from more than 500 FDIC employees. "The FDIC has failed to provide a workplace safe from sexual harassment, discrimination, and other interpersonal misconduct," the report concluded.

Persons: Martin Gruenberg, Jennifer Fain, Gruenberg, General, Fain, Gruenberg —, Joe Biden, —, Republican Travis Hill, Biden Organizations: Federal Deposit Insurance Corporation, Financial, Federal Deposit Insurance Corp, FDIC, FDIC's, Republican, GOP, Financial Services, White Locations: Washington , DC

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