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☆ Why the DF-26 is one of the most dangerous missiles in China's arsenal for the US military
▼ + stars: | 2024-11-29 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

The US has indicated a need to harden air bases and disperse its forces to defend against a Chinese missile strike. AdvertisementLast fall, the US Department of Defense released its annual report on China's military growth and developments. China's DF-26 "carrier killer" missile takes flight in unprecedented test footage. AdvertisementNaval power is a cornerstone of American military might, but the DF-26 threatens that, among various other targets. Related storiesThat said, growing missile stockpiles and increases in the number of launchers give the Chinese military greater flexibility, offering more options in a conflict.

Persons: China's, China, Chris Biggers, Janes, Xu Suhui, J, Michael Dahm, Dahm, Tom Shugart, who's, Carl Vinson, Sarah Weinstein Organizations: Pacific, US Department of Defense, Army's, Force, China's Rocket Force, Department of Defense, Pentagon, SCS, China's, YouTube China's, Guam, Strategic, International Studies Missile Defense Project, DF, Aerospace, China Studies, Mitchell Institute, Business, US, Center, New, New American Security, US Navy, Ocean, Air Force, PLA Locations: China, Pacific, Guam, It's, Bohai, Inner Mongolia, South Korea, Beijing, Xinhua, New American, Ruoqiang

☆ With Trump Returning and Hezbollah Weakened, Iran Strikes a Conciliatory Tone
▼ + stars: | 2024-11-28 | by ( Farnaz Fassihi | ) www.nytimes.com time to read: +1 min

In mid-November, Iran dispatched a top official to Beirut to urge Hezbollah to accept a cease-fire with Israel. Around the same time, Iran’s U.N. ambassador met with Elon Musk, an overture to President-elect Donald J. Trump’s inner circle. And on Friday, it will hold talks in Geneva with European countries on a range of issues, including its nuclear program. All this recent diplomacy marks a sharp change in tone from late October, when Iran was preparing to launch a large retaliatory attack on Israel, with a deputy commander of the Islamic Revolutionary Guards Corps warning, “We have never left an aggression unanswered in 40 years.”Iran’s swing from tough talk to a more conciliatory tone in just a few weeks’ time has its roots in developments at home and abroad. Five Iranian officials, one of them a Revolutionary Guards member, and two former officials said the decision to recalibrate was prompted by Mr. Trump winning the Nov. 5 election, with concerns about an unpredictable leader who, in his first term, pursued a policy of “maximum pressure” on Iran.

Persons: Iran’s U.N, Elon Musk, Donald J, ”, recalibrate, Trump Organizations: Islamic Revolutionary Guards Corps, Revolutionary Guards, Mr Locations: Iran, Beirut, Israel, Geneva

☆ Reflexive control: How Russia is forcing its enemies to make decisions against their own interests
▼ + stars: | 2024-11-28 | by ( Christian Edwards | ) edition.cnn.com time to read: +7 min

Each time, when the West finally accepted Ukraine’s requests, Russia’s most catastrophic threats did not materialize. Although Putin said the attack was “a response from our side” to the Biden administration’s decision on longer-range weapons, Russia has not needed a pretext for such strikes in the past. By providing Ukraine with ATACMS but only allowing it to strike parts of Ukraine occupied by Russia, “we sent Russia the message: ‘You know what? The decision to fire slightly longer-range Western weapons is a difference of degree, not of kind. By law, Russia considers these territories its own, and warned of dire consequences if Ukraine targeted them with Western weaponry.

Persons: Vladimir Putin, Kyiv’s, Biden, Putin, Kateryna, ” Stepanenko, Alina Smutko, –, “, ”, William Alberque, ” Alberque, “ I’m, couldn’t, Ukraine can’t, Radek Sikorski, Roman Pilipey, ATACMS, Joe Biden, Alberque, Donald Trump, they’re Organizations: CNN, Institute for, Russia, Korean, Kremlin, Army Tactical Missile Systems, NATO’s, Disarmament, Proliferation, Poland’s, Russia –, Kyiv, NATO Locations: Russian, Ukraine, Russia, Kyiv, Russia's, “ Russia, AFP, Crimea, Washington, Ukraine’s, Kharkiv, Albuquerque, United States

CNN —Mexican President Claudia Sheinbaum denied proposing to US President-elect Donald Trump that Mexico will close its border with the United States as he claimed in a post on Truth Social. She has agreed to stop Migration through Mexico, and into the United States, effectively closing our Southern Border. We also talked about what can be done to stop the massive drug inflow into the United States, and also, U.S. consumption of these drugs. It was a very productive conversation!” Trump posted on Truth Social. In his comments Wednesday, Trump did not say whether he would stand by the pledge or anything Sheinbaum had said addressed his concerns.

Persons: Claudia Sheinbaum, Donald Trump, ” Sheinbaum, ” Sheinbaum’s, Trump, “, Claudia Sheinbaum Pardo, ” Trump, Sheinbaum, Biden, Joe Biden, “ rethinks, ” Biden, Justin Trudeau, Trudeau, Liu Pengyu, ” Liu, CNN’s Sol Amaya, David Goldman, Betsy Klein, Paula Newton Organizations: CNN, Trump, Mexico, Canadian, Embassy, United States Locations: Mexico, United States, Canada, China, America, Canadian, United

Kyiv, Ukraine CNN —Russian President Vladimir Putin has threatened to strike Ukraine again with a new nuclear-capable ballistic missile following Moscow’s latest widespread attack on critical energy infrastructure. He also warned he would consider further launches of Russia’s new “Oreshnik” medium-range ballistic missile, first fired at Ukraine’s Dnipro region last week. A view shows a thermal power plant damaged by a Russian missile strike, amid Russia's attack on Ukraine, at an undisclosed location in Ukraine November 28, 2024. REUTERS/Gleb Garanich Gleb Garanich/ReutersA view shows a part of Russian missile at a thermal power plant damaged by Russian missile strike in an undisclosed location of Ukraine, in an undisclosed location of Ukraine November 28, 2024. He said he couldn’t tell if the blasts were from missiles or Ukrainian air defense interceptions.

Persons: Vladimir Putin, It’s, Putin, “, ”, Donald Trump, ” Putin, Gleb Garanich Gleb Garanich, Reuters Putin, Volodymyr Zelensky, German Halushchenko, Zelensky, Joe Biden, Valeriy, ” Dorotiy, Yuriy Dyachyshyn, Olha Vaynrikh, ” Turiy Organizations: Ukraine CNN —, Energy Ministry, Ukraine’s, Russia’s Ministry of Defense, REUTERS, Russian, Reuters, Energy, German, Ukrainian Interior Ministry, CNN, Getty, Kyiv, Frankivsk, Ukrainian Air Force Locations: Kyiv, Ukraine, Kazakhstan, Ukraine’s Dnipro, Western, Moscow, Russia, Russian, Dnipro, Lviv, Volyn, Rivne, Vinnytsia, Kharkiv, Lutsk, Ukraine’s Volyn, AFP, Ivano

☆ US secures release of 3 Americans in prisoner swap with China
▼ + stars: | 2024-11-27 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +3 min

CNN —Three Americans who had been detained in China for years have been released in a prisoner swap between Washington and Beijing. On Wednesday, the US also lowered its travel advisory level to Level 2: Exercise increased caution for mainland China. “Thanks to this Administration’s efforts and diplomacy with the PRC, all of the wrongfully detained Americans in the PRC are home,” the spokesperson said Wednesday. Li and Swidan had been designated as wrongfully detained by the US State Department. Another wrongfully detained American, David Lin, was freed from China in September.

Persons: Mark Swidan, Kai Li, John Leung, “, Li, Swidan, David Lin, Donald Trump, Biden, Joe Biden, Antony Blinken, Jake Sullivan, Harrison Li, Kai Li’s, it’s, Mark Swidan’s, Katherine Swidan, Leung, CNN’s Evan Perez Organizations: CNN, National Security, Politico, US State Department, Embassy Locations: China, Washington, Beijing, People’s Republic of China, ”, United States

☆ FTC opens wide-ranging antitrust probe into Microsoft
▼ + stars: | 2024-11-27 | by ( Elisabeth Buchwald | Clare Duffy | ) edition.cnn.com time to read: +2 min

The FTC, in a letter sent to Microsoft, demanded that it hand over information to assist in the agency’s investigation, a source familiar with the matter told CNN. The FTC and Microsoft declined to comment. Microsoft also battled FTC resistance to its $69 billion acquisition of video game publisher Activision Blizzard, which closed in October 2023. The agency had argued the merger would give Microsoft a monopoly in video game publishing, which the company denied. Trump’s reelection has raised questions about how his administration will handle ongoing antitrust cases against tech giants, including Apple and Amazon.

Persons: Microsoft’s, Donald Trump, Trump, Lina Khan, Khan, hasn’t Organizations: New, New York CNN, Microsoft, Federal Trade Commission, FTC, CNN, Bloomberg, Activision Blizzard, Apple, Google, Justice Department Locations: New York, OpenAI

☆ DHL plane crash: German leaders float sabotage questions
▼ + stars: | 2024-11-26 | by ( Rob Picheta | ) edition.cnn.com time to read: +5 min

CNN —German leaders raised the possibility that a fiery cargo plane crash in Lithuania on Monday was the result of sabotage or hybrid warfare. The cargo plane was flying from Leipzig, Germany, and was due to land at Vilnius Airport when it crashed a few kilometers from the runway. The plane skidded on the ground for several hundred meters before hitting a residential home, authorities in Lithuania said. “Our initial information does not indicate that we need to be investigating more serious actions,” Prosecutor Arturas Urbelis said in a statement, according to Reuters. DHL said the plane “made a forced landing about one kilometer from VNO Airport.” It confirmed four people were onboard.

Persons: Olaf Scholz, ” Scholz, Annalena Baerbock, Arturas Urbelis, ”, Lukas Balandis, Darius Jauniskis, “, ” Kestutis Budrys, Gitanas Nauseda, Hendrik Schmidt, ” Budrys, Dmitry Peskov, Valdas Benkunskas, Arūnas Paulauskas Organizations: CNN, Monday, Vilnius Airport, ZDF, Lithuanian, ”, Reuters, US National Transportation Safety, Boeing, US Federal Aviation Administration, Vilnius International, Wall Street Journal, Moscow, NATO, DHL, Wall Street, VNO Airport, ” DHL, Vilnius, Lithuanian Police Locations: Lithuania, Leipzig, Germany, Spanish, Europe, Vilnius, United Kingdom, Canada, Leipzig's, Birmingham, UK

☆ Fears of trade wars, volatility and higher inflation: What analysts are saying about Trump's tariff plans
▼ + stars: | 2024-11-26 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

AdvertisementDonald Trump's latest tariff threats have set alarm bells ringing on Wall Street. Analysts warned of a trade war, volatility, steeper inflation, and a flight to safety in markets. Analysts said the president-elect's latest threats could presage tariffs on other countries' exports and escalate into a full-scale trade war. "There has been a view among some investors that Trump's tariff talk was a negotiating tactic, a threat rather than a promise. Advertisement"The president-elect's scorched-earth approach has stoked fears of a trade war, with investors increasingly wary that Europe could be next in his crosshairs."

Persons: Donald Trump's, Donald Trump, There's, George Saravelos, Trump, Dan Coatsworth, AJ Bell, Matt Britzman, Hargreaves Lansdown, Nigel Green, Mark Haefele, Ruben Ferreira, FlowCommunity Organizations: Analysts, Deutsche Bank, Free, deVere, UBS Global Wealth Management Locations: Mexico, Canada, China, America, Europe

CNN —The Israeli security cabinet on Tuesday voted to approve a ceasefire deal in Lebanon, an Israeli official told CNN, potentially bringing an end to more than a year of cross-border skirmishes with Hezbollah and months of a full-scale war that has killed thousands. Resolution 1701 was adopted to end a 34-day war between Israel and Lebanon in 2006, and had kept relative calm in the area for nearly two decades. At least 10 people were killed in the strikes on central Beirut, the Lebanese Health Ministry said. Israeli Prime Minister Benjamin Netanyahu speaks during a televised address Tuesday evening. In his address, Netanyahu stressed that Israel will respond “forcefully” if Hezbollah violates the agreement and attempts to rearm.

Persons: Israel, Benjamin Netanyahu, ” Netanyahu, Itamar Ben Gvir, ”, Ben Gvir, Avihay Shtern, Shmona –, “, Shmona ”, ” Shtern, Netanyahu Organizations: CNN, UN, Lebanese, Lebanese Health Ministry, US State Department, National Locations: Lebanon, Israel, Beirut, –, Gaza, Israel’s

☆ Swiss Re: Majority of flood risks can be avoided using green infrastructure
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSwiss Re: Majority of flood risks can be avoided using green infrastructureVeronica Scotti, chairperson of public sector solutions at Swiss Re, discusses key developments from the COP-29 climate conference and explains the reinsurer's global risk analysis of flooding.

Persons: Veronica Scotti Organizations: Swiss, Swiss Re

U.S. President-elect Donald Trump at a viewing of a test-flight launch of the SpaceX Starship rocket in Brownsville, Texas, Nov. 19, 2024. Brandon Bell | Getty Images News | Getty ImagesAs Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Yet the energy sector climbed 22.9% under Biden as of Nov. 19, despite the administration's push for renewables and sustainability. As president, Trump is expected to embrace crypto more than any of his predecessors. When Biden won in 2020, there was a lot of panic about the outlook for energy, oil and gas.

Persons: Donald Trump, Brandon Bell, Jeremy Goldberg, Goldberg, Larry Adam, Raymond James, Trump, Adam, Biden, Monty Rakusen, John Murphy, Murphy, Callie Cox, Cox, Greg Iacurci Banks, Jamie Dimon, Andrew Harrer, Brian Spinelli, Halbert Hargrove, Spinelli, David Rea, Lorie Konish, Bill Varie, —, — Greg Iacurci Crypto, Kevin Wurm, Matt Apkarian, Apkarian, Christina Lynn, there's, Lynn, — Lorie Konish, Cooper Neill, Joe Biden, Mike Cerasoli, Cerasoli, you'll, — Lorie, Images Trump, Robert F, Kennedy Jr, bode, David Weinstein, Weinstein, Chris Unger, Charles, Vivek Ramaswamy, Greg Iacurci, Thomas Barwick, Ted Decker, Decker, TJ Maxx, Lorraine Hutchinson, — Greg Iacurci, Donald J Organizations: SpaceX, Getty, Trump, Professional Advisory Services, Digitalvision, EV, Biden, Bank of America Securities, Ford, Ritholtz Wealth Management, U.S . Federal, JPMorgan Chase &, White, Bloomberg, CNBC, Salem Investment, Bank, — Greg Iacurci Crypto Republican, Reuters, bitcoin, Liberty Financial, Cerulli Associates, Mariner Wealth, — Lorie Konish Energy, Double Eagle Energy Holdings LLC, Eagle Global Advisors, Images, Department of Health, Human Services, RFK, U.S . Senate, Merck, Pfizer, Dana Investment, Affordable, Publicly, HCA Healthcare, UFC, Madison, Garden, Ufc, Medical, Charles River Laboratories, Food and Drug Administration, of Government, Retailers, Walmart, Marshalls, Google, Twitter, Trump National Golf Club, Washington Post Locations: Brownsville , Texas, California, U.S, Iran, Venezuela, Washington, Long Beach, Calif, Salem, Winston, Salem , North Carolina, Ritholtz, Nashville , Tennessee, cryptocurrency, Lynn, Midland , Texas, Houston, New York, China, North America, HomeGoods, Bedminster , NJ, Jabin

☆ One major challenge facing Trump’s chosen health leaders: Keeping politics separate from science
▼ + stars: | 2024-11-26 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +13 min

A key challenge for all of the Trump administration’s new public health leaders, the experts said, will be keeping politics out of science. CNN has reached out to Nesheiwat and Makary for comment and did not receive a response. Some said that could put them at odds with Kennedy, whom Trump has chosen for the nation’s top health post as HHS secretary. It doesn’t seem that he has much experience working in the field of public health,” said Castrucci, an epidemiologist who is president and CEO of the de Beaumont Foundation, a nonprofit focused on strengthening the US public health system. The US surgeon general typically serves as the voice of the administration’s public health policy while promoting their own agenda of issues that they feel are important to the health of American people.

Persons: Donald Trump’s, Johns Hopkins, CNN —, Janette Nesheiwat, David Weldon, Marty Makary, Makary, Robert F, Kennedy Jr, Weldon, Trump’s, Katie Miller, Trump, Mr, Kennedy, ’ Dr, Ashish Jha, Joe Biden, Jha, “, ” Jha, “ There’s, ” Weldon, ” Dr, Jerome Adams, Weldon’s, ” Adams, Peter Hotez, ” Hotez, “ That’s, ”, Jennifer Nuzzo, Amesh, ” Adalja, Brian Castrucci, he’s, there’s, That’s, ” Castrucci, Paul Offit, Weldon “, you’d, Offit, ” Offit, hasn’t, Hotez, Nesheiwat, Dr, Sanjay Gupta, CNN’s Kaitlan Collins, ” Nuzzo, CNN’s Jacqueline Howard, Brenda Goodman, Meg Tirrell Organizations: CNN, Fox News, US Centers for Disease Control, US Food and Drug Administration, Public, FDA, US Department of Health, Human Services, CDC, Trump, HHS, Brown University’s School of Public Health, White, US Public Health Service, Texas Children’s, Covid, Pandemic, Brown University School of Public Health, Johns Hopkins Center for Health Security, “, de, Foundation, Assurance, Agency for Vaccine, Disease Control, Vaccine Education, Children’s Hospital of Philadelphia, Weldon, Studies, CNN Health, Kennedy’s, RFK Jr, Health Locations: New York, Florida, Weldon, Texas, Tampa, CDC’s

☆ Eli Lilly shares jump on two big updates and Jim Cramer is so here for it
▼ + stars: | 2024-11-26 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Eli Lilly shares soared Tuesday on a one-two punch of good news. The second positive development for Eli Lilly comes from Amgen , which reported mid-stage trial results for its experimental obesity treatment known as MariTide. Big picture The prospect of across-the-board coverage of obesity drugs for Medicare and Medicaid enrollees would be a financial win for Eli Lilly, particularly on the Medicare front. For its part, Eli Lilly has said regulators could expand Zepbound's label to cover obstructive sleep apnea by year-end. An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024.

Persons: Eli Lilly, Jim Cramer, Biden, Lilly, didn't, Wegovy, Zepbound, Biden administration's, Donald Trump, Wells, Robert F, Kennedy Jr, Trump, Kennedy —, Kennedy, Novo, Leerink, Eli Lilly's tirzepatide, Piper Sandler, tirzepatide, Piper, Jim, Amgen's, retatrutide, Jim Cramer's, Shelby Knowles Organizations: Novo Nordisk, Medicaid, NBC News, White, Medicare, Centers, Services, STOP, Alliance, Wells Fargo, of Health, Human Services, Food and Drug Administration, Senate, Biden, Club, CNBC, Bloomberg, Getty Locations: New York, Texas, Amgen, Lilly, Brooklyn

☆ How Trump's new tariff threats knocked one of our stocks but not the market
▼ + stars: | 2024-11-26 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Investors didn't seem too bothered by President-elect Donald Trump 's new tariff threats Monday evening. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Donald Trump, Amgen, Eli Lilly, Lilly, Jim Cramer's, Trump, Jim, Bill Newlands, Roth MKM, Roth, Amit Mehta, Mehta, Trump's, Morgan Stanley, CNBC's Matthew J, Belvedere Organizations: CNBC, ., Nasdaq, Dow Jones, Dow, Novo Nordisk, Constellation Brands, Modelo, Corona, Justice Department, Anheuser, Busch InBev, Grupo, Google, Reuters, DOJ, Chrome, Economic, of Chicago, Labor Department, Jim Cramer's Charitable Locations: Mexico, China, United States, U.S

☆ Medicare, Medicaid: 7.4 million Americans could gain coverage for anti-obesity drugs under Biden proposal
▼ + stars: | 2024-11-26 | by ( Tami Luhby | ) edition.cnn.com time to read: +4 min

CNN —Millions more senior citizens and lower-income Americans could obtain coverage for costly anti-obesity drugs under a proposal being unveiled Tuesday by the Biden administration. Some Medicare enrollees could see their out-of-pocket costs drop by as much as 95%. The incoming Trump administration may not view expanding coverage of anti-obesity drugs as favorably. About 3.6 million Medicare enrollees with cardiovascular disease could be newly eligible for Wegovy, according to a KFF analysis released in April. Not all job-based health insurance plans cover anti-obesity medications, though larger employers are more likely to offer the benefit.

Persons: Biden, It’s, Joe Biden, Trump, Robert F, Kennedy Jr, Donald Trump, Dr, Mehmet Oz, don’t Organizations: CNN, Medicare, Department of Health, Human Services, RFK Jr, Fox, Services, Trump, Medicare enrollees, Food and Drug Administration, Congressional, Survey Locations: That’s, KFF

☆ Set of challenges facing Germany is unprecedented in Germany's democratic history, analyst says
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSet of challenges facing Germany is unprecedented in Germany's democratic history, analyst saysCarsten Nickel, managing director at Teneo, discusses the latest developments in German politics.

Persons: Carsten Nickel Locations: Germany

☆ Pakistan violence: Imran Khan supporters march on Islamabad, clash with police after sectarian clashes
▼ + stars: | 2024-11-25 | by ( Mushtaq Yusufzai | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +5 min

PESHAWAR, Pakistan — The capital of Pakistan was locked down Monday as supporters of jailed former leader Imran Khan marched on the city to demand his release. It is the latest upheaval to hit this nuclear-armed United States ally after days of deadly clashes between rival sectarian groups. Supporters of Imran Khan during a rally in Swabi on Sunday. “We will not return till our leader Imran Khan is released from prison,” senior PTI politician Shaukat Ali Yousafzai told NBC News, adding that police had been using tear gas, causing injuries to some PTI supporters. Aamir Qureshi / AFP - Getty ImagesSupporters of Khan also gathered to demand his release in Swabi, northwestern Pakistan on Sunday.

Persons: Imran Khan, Khan, That’s, Abdul Majeed, Khan’s, Bushra Bibi, ”, Shaukat Ali Yousafzai, Maryam Nawaz Sharif, Uzma Bukhari, Alexander Lukashenko, Pakistan's, Aamir Qureshi, Jamal Khan, Mohammad Ali Saif, ” Saif Organizations: Getty, PTI, NBC News, AFP, Associated Press Locations: PESHAWAR, Pakistan, United States, Islamabad, Swabi, Punjab, Peshawar

☆ Oil prices ease but remain near 2-week highs on Russia, Iran tensions
▼ + stars: | 2024-11-25 | by ( ) www.cnbc.com time to read: +3 min

Oil prices retreated on Monday following 6% gains last week, but remained near two-week highs as geopolitical tensions grew between Western powers and major oil producers Russia and Iran, raising risks of supply disruption. "Oil prices are starting the new week with some slight cool-off as market participants await more cues from geopolitical developments and the Fed's policy outlook to set the tone," said Yeap Jun Rong, market strategist at IG. "Tensions between Ukraine and Russia have edged up a notch lately, leading to some pricing for the risks of a wider escalation potentially impacting oil supplies." Enforced sanctions could sideline about 1 million barrels per day of Iran's oil exports, about 1% of global oil supply, he said. Investors were also focused on rising crude oil demand at China and India, the world's top and third-largest importers, respectively.

Persons: Jun Rong, Trump, Brent, Yeap, centrifuges, Vivek Dhar, Priyanka Sachdeva, Phillip Nova, Sachdeva Organizations: Brent, U.S, West Texas, Russia, IG, IAEA, Commonwealth Bank of Australia Locations: Russia, Iran, Ukraine, United States, Kyiv, Iranian, China, India, U.S

☆ Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1
▼ + stars: | 2024-11-25 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

CNN —President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration. What America importsThe United States’ top import from Canada is oil, which reached a record 4.3 million barrels per day in July, according to the US Energy Information Administration. The United States imports a significant amount of electronics from China, in addition to machinery, toys, games, sports equipment, furniture and plastics. The Trump tariffs also hit foreign steel, aluminum, washing machines and solar panels. He did just that when he was last in the White House, placing large tariffs on goods, primarily from China.

Persons: Donald Trump, Trump, ” Trump, “, ”, Liu Pengyu, ” Liu, Dow, Karl Schamotta, United Nations ’, It’s, Scott Bessent, Bessent’s, Trump’s, CNN’s Matt Egan, Jack Forrest Organizations: CNN, United, Embassy, United States, Canadian, Nasdaq, Treasury, America, US Energy Information Administration, United Nations, Commerce Department, Peterson Institute for International Economics, Senate, Commerce, US Trade Representative Locations: Mexico, Canada, China, “, United States, United, America

☆ Matt Gaetz is now hinting that he plans to run to succeed Ron DeSantis as Florida's governor
▼ + stars: | 2024-11-25 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

AdvertisementMatt Gaetz withdrew from his attorney general bid on Thursday. But he's since hinted on X at a possible 2026 Florida governor run. Former Rep. Matt Gaetz's bid for attorney general may have been short-lived, but he appears to have his sights set on another big career move. In a Saturday tweet, Florida State Rep. Anthony Sabatini posted on X his prediction that Gaetz would be the next governor of Florida. After Gaetz withdrew, Trump wrote on Truth Social that he appreciated Gaetz's "efforts."

Persons: Matt Gaetz, Ron DeSantis, Matt Gaetz's, Anthony Sabatini, Gaetz, Sabatini, Donald Trump, Vance, Trump, Matt, DeSantis, Jeb Bush, I'm, Charlie Kirk, Ginger, George Santos Organizations: Gov, Florida State, DOJ, Gaetz, CNN, Trump, Administration, Elon, Trump ., 119th, Business Locations: Florida, Florida's

☆ Banana auction billionaire's $30 million investment in Trump's crypto token highlights new ways to enrich president-elect
▼ + stars: | 2024-11-25 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, China, on Friday, May 8, 2020. Tron blockchain founder Justin Sun has invested $30 million into Donald Trump's crypto project, World Liberty Financial, he announced Monday. "We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor," Sun wrote in a post on X. In exchange, Trump's LLC received billions of tokens and the right to 75% of revenues above a $30 million threshold. Sales now appear to have crossed the $30 million threshold to trigger revenue distribution to Trump's LLC.

Persons: Justin Sun, Tron blockchain, Donald Trump's, Sun, Trump, Bitcoin, TRON, WLFI, Zachary Folkman, Folkman Organizations: Liberty Financial, Liberty, Trump, Trump's, America, Etherscan Locations: Hong Kong, China

☆ Pakistan government mediators seek ceasefire as 68 killed in sectarian violence
▼ + stars: | 2024-11-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

Government officials met with tribal leaders in northwestern Pakistan on Sunday to try to mediate a ceasefire between rival sectarian groups after days of clashes that have killed at least 68 people and injured dozens. The clashes started after gunmen attacked convoys of civilian vehicles on Thursday, killing at least 40, mostly Shi’ite Muslims. That sparked retaliatory attacks against Sunni residents and there have been pitched battles between armed groups from both sides. Armed Shi’ite and Sunni Muslims have engaged in tribal and sectarian rivalry for decades over a land dispute in Kurram district near the Afghanistan border. The delegation met with Shi’ite leaders and stayed overnight to meet with Sunni leaders on Sunday to try to broker a ceasefire deal and then move to resolve the matter, he said in a statement.

Persons: Shi’ite, Muhammad Ali Saif, ” Locations: Pakistan, Kurram, Afghanistan, —, Khyber Pakhtunkhwa

☆ Max Verstappen clinches fourth F1 championship as George Russell wins Las Vegas GP
▼ + stars: | 2024-11-24 | by ( Madeline Coleman | ) www.nytimes.com time to read: +6 min

LAS VEGAS — George Russell may have won the Las Vegas Grand Prix, with Lewis Hamilton beside him on the podium for a Mercedes 1-2 finish. In previous years, he won races by a significant margin, like a 33-second gap when he won the 2023 Hungarian Grand Prix. Verstappen’s resilience pays offVerstappen had to battle more later in the year, failing to win a grand prix in 10-race weekends. The U.S. Grand Prix saw Verstappen and Norris battle once again, going wheel-to-wheel and avoiding contact but not a penalty. Max Verstappen during the F1 Grand Prix of Las Vegas in Las Vegas, Nevada (Clive Mason/Getty Images)A championship decider under the lightsComing into the Las Vegas Grand Prix weekend, Norris seemed to accept his first F1 title fight may end in defeat would happen Saturday evening.

Persons: George Russell, Lewis Hamilton, Max Verstappen, Verstappen, Mercedes ’ Toto Wolff, Max, ”, Wolff, that’s, Mercedes, McLaren’s Lando Norris, Norris, McLaren, “, ” McLaren, São Paulo, Bull, Clive Mason, Oscar Piastri, Charles Leclerc, Pierre Gasly, Carlos Sainz, Leclerc, Sainz, Ferrari wasn’t, Gianpiero, Ferrari, Lando Norris, Nico Hulkenberg, Haas, Yuki Tsunoda, Sergio Perez, Red, Mark Thompson Organizations: Tire, LAS VEGAS, Las Vegas, Ferrari, Briton, Miami, McLaren, U.S, Verstappen, Las, Getty, “ Locations: Brazil, Austria, Singapore, Mexico, Las Vegas, Las Vegas , Nevada, Piastri

☆ Christian Louboutin wants to keep his favorite holiday spot special — but it's on Harry and Meghan's radar too
▼ + stars: | 2024-11-24 | by ( Maria Noyen | ) www.businessinsider.com time to read: +4 min

Christian Louboutin opened a small hotel in Melides, Portugal, and plans to open another. Advertisement"People are touched by authenticity and we need to keep it that way," Louboutin told Bloomberg. AdvertisementJust a 15-minute drive from Melides lies Costa Terra, a 722-acre luxury resort community and gold club built by US real estate developer Discovery Land Company. Related storiesRepresentatives for Costa Terra did not immediately respond to requests for comment. "Tourists come here for the beauty of this place," Louboutin told Bloomberg.

Persons: lister, Prince Harry, Meghan Markle, Louboutin, Christian Louboutin, Victor Boyko, It's, Mike Meldman, George Clooney, Harry, Eric Charbonneau, Paris Hilton, Sharon Stone, Costa Terra, Amancio Ortega's, Vitor Paiva, Engel, Völkers, Paiva Organizations: Bloomberg, Dior, Discovery Land Company, Casa Amigos, The Telegraph, Archewell, Getty, Costa Terra, Vanguard Properties Locations: Portugal, overtourism, Melides, Tropez, Alentejo, St, Costa, Montecito , California, Colombia, Comporta, Portuguese

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