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☆ Russia's weakened energy trade and lost access to the dollar will spark a severe recession within a year, a top economist says
▼ + stars: | 2024-07-13 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Read previewVladimir Putin's claims that Russia's economy is doing just fine may soon be hard to back up. That's mainly because Russia is losing two things its economy desperately needs, he told Business Insider — a robust energy trade and a steady flow of US dollars. Moscow's economy is extremely dependent on petrodollars, or dollars obtained through the oil and gas trade, Gorodnichenko said. AdvertisementThat could put Russia's economy on the fast track to a recession in the next 12 months, Gorodnichenko predicted. Withering energy empireThe energy trade is Russia's biggest money maker.

Persons: —, Vladimir Putin's, Yuriy Gorodnichenko, Gorodnichenko, Putin, Gorodnichkeno Organizations: Service, UC Berkeley, Business, Kremlin, Bank for International Settlements, Soviet Union Locations: Russia, Ukraine, Soviet, Soviet Union, China

☆ Elon Musk seems to have built a 'mega rave cave' at Tesla's Berlin gigafactory
▼ + stars: | 2024-07-13 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Tesla appears to have opened a nightclub at its Berlin Gigafactory. Elon Musk first floated the idea of a "mega rave cave" at the factory in a 2020 social media poll. Berliners have been mocking the club on social media. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The company's Berlin Gigafactory appears to have opened its very own nightclub, according to social media posts.

Persons: Tesla, Elon Musk, Berliners, —, Berlin Gigafactory, Andre Thierig Organizations: Service, Party, Business Locations: Berlin

☆ There's only one historical romance show you need to be watching — and it's not 'Bridgerton'
▼ + stars: | 2024-07-11 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +7 min

All eight episodes of "My Lady Jane" dropped on Prime Video on June 27. AdvertisementThe premise is deranged in the best wayWhat, exactly, is "My Lady Jane" about? The chemistry between Jane and Guildford is sizzling"My Lady Jane" is a perfect example of enemies-to-lovers. But there's more to the show than romanceThe world of "My Lady Jane" is populated by multiple complex and compelling characters who are all vying for the throne in some way. But "My Lady Jane" never stops with the laughs.

Persons: —, Jane, King Edward VI's, Jane Grey —, jane …, trish, @ULTRAGLOSS, Emily Bader, Guildford, Edward Bluemel, Penelope, Colin, Nicola Coughlan, Luke Newton, wasn't, hasn't, Kate, Anthony, we'd, Darcy, It's, Will Mondrich, Mary, Edward, it's, Jane's, who's, King Edward dead …, Benedict, Francesca, Francesca Bridgerton, John Stirling, Dickinson, Charlotte, Taylor, Kate O'Flynn, Princess Mary, Dominic Cooper, Lord Seymour Organizations: Service, Slate, Forbes, Variety, Rotten, Business, Guildford, WLW, Netflix Locations: Guildford, Jane

☆ There's only one historical-romance show you need to be watching — and it's not 'Bridgerton'
▼ + stars: | 2024-07-11 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +7 min

All eight episodes of "My Lady Jane" dropped on Prime Video on June 27. AdvertisementThe premise is deranged in the best wayWhat, exactly, is "My Lady Jane" about? The chemistry between Jane and Guildford is sizzling"My Lady Jane" is a perfect example of enemies-to-lovers. While the relationship between Jane and Guildford is a huge part of the show, there's a lot more going on in this universe. But "My Lady Jane" never stops with the laughs.

☆ Putin hosts India’s PM to deepen ties, but Ukraine looms over their relationship
▼ + stars: | 2024-07-09 | by ( ) www.cnbc.com time to read: +6 min

Russia's President Vladimir Putin and India's Prime Minister Narendra Modi walk during their meeting at the Novo-Ogaryovo state residence near Moscow, Russia July 8, 2024. Their partnership has become more complicated, however, as Russia has moved closer to China amid international isolation of Moscow over Ukraine. Russian state media reported that they would also discuss Moscow helping India build more nuclear power plants. The two countries already are collaborating on the Kudankulam nuclear power project in the southern Indian state of Tamil Nadu. With Moscow's arms industries mostly serving the Russian military in Ukraine, India has been diversifying its defense procurements, buying more from the U.S., Israel, France and Italy.

Persons: Vladimir Putin, Narendra Modi, Putin, Modi, Volodymyr Zelenskyy, Matthew Miller, Vinay Mohan Kwatra Organizations: India's, Indian, NATO, . State Department, Shanghai Cooperation Organization, India, Russian Locations: Moscow, Russia, Washington, Ukraine, China, Kazakhstan, Beijing, Russian, Kyiv, India, New Delhi, Tamil Nadu, United States, Vladivostok, Uzbekistan, U.S, Israel, France, Italy, Chennai, East

☆ Some disgruntled 'Bridgerton' fans are turning on the showrunner
▼ + stars: | 2024-06-27 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +14 min

A two-part release schedule sidelined Colin and Penelope's story for other character arcsLuke Newton as Colin Bridgerton and Nicola Coughlan as Penelope Featherington on season three, episode two of "Bridgerton." "I'm so disappointed honestly by 'Bridgerton' season three, part two," TikToker @lightfrommars said in one video that's been viewed over 770,000 times. Complaints from 'Bridgerton' fans could affect the show — though it's probably safe for nowDoes this spell doom for the Bridgertons? "Bridgerton" season three also topped Nielsen's streaming chart, with 2.19 billion viewing minutes. AdvertisementSo no matter how mad the "Bridgerton" fans are — and how much some factions may insist they're not watching anymore — I'd put my money on the romantic drama's continuation.

Persons: —, Colin Bridgerton, Luke Newton, Penelope Featherington, Nicola Coughlan, Jess Brownell, Chris Van Dusen, Francesca Bridgerton's, Hannah Dodd, Julia Quinn, Phoebe Dynevor, Jean Page, Colin, Liam Daniel, Simon Basset, Daphne Bridgerton, Anthony Bridgerton, Jonathan Bailey, Kate Sharma's, Simone Ashley, Breadcrumbing Penelope, TikToker @lightfrommars, …, John Stirling, Victor Alli, Benedict Bridgerton's, Luke Thompson, Lady Tilley Arnold, Hannah New, Anthony, Kate, Violet Bridgerton, Ruth Gemmell, Danbury's, Lord Anderson, Daniel Francis, it's, we've, Penelope, Bridgerton, Brownell, Eloise Bridgerton, Colin doesn't, he's miffed, Colin's, Polin, Kanthony, Tom Verica, TikToker notwildlin, Maia Douglas, Douglas, Coughlan, Francesca, Michaela Stirling, Michael Stirling, Marie Soledad, fatphobia, she's, Masali Baduza, Netflix There's, Michael, Abbie Mills, We're, Van Dusen, Jenna Ortega, they're, — I'd Organizations: Service, Netflix, Business, Instagram

☆ This résumé got a product manager a $350,000 job at Google and his past roles at Meta, Visa, and PayPal
▼ + stars: | 2024-06-24 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

He shifted to work as a software engineer at Yahoo in 2011, where he first saw a product manager in action and was inspired to take up the role down the line. In 2018, he joined Visa as a data platform product manager. Over the next five years, Lin worked at PayPal and then Google, where he is a senior product manager. Related storiesThis is the résumé that landed Lin his roles at Meta, Visa, and PayPal, and, in 2022, a $350,000 annual pay package at Google. Lin is now a senior product manager at Google's San Francisco office.

Persons: —, Yun, Yu Lin, Lin, Yung, I'm, it's, résumé Organizations: Service, Yahoo, Business, University of Southern, Meta, Visa, PayPal, Google, Surplus Technology, Google's San Locations: Taiwan, University of Southern California, Google's San Francisco

☆ Vladimir Putin and Kim Jong Un are getting closer — and China has reason to be worried
▼ + stars: | 2024-06-24 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Read previewRussia's President Vladimir Putin and North Korean leader Kim Jong Un recently signed a defense pact to protect against what they characterized as the malign forces of US imperialism. AdvertisementXi Jinping and Kim Jong Un watch a large group callisthenics and art performance at the May Day Stadium in Pyongyang, DPRK, June 20, 2019. An emboldened Kim Jong UnRussia's extra military power could embolden Kim to act more erratically and aggressively. AdvertisementThis means that China has enough influence over both Russia and North Korea to exert control over their new alliance. However, "they do know that China plays an irreplaceable role for both Russia and North Korea," she said.

Persons: —, Vladimir Putin, Kim Jong, it's, Putin, Kim, Xi Jinping, Danny Russel, Obama, Xi, embolden Kim, Russell, Yun Sun Organizations: Service, North, Business, Associated Press, Xinhua, Agency, Getty Images, Stimson, CNN Locations: East Asia, Russia, North, China, DPRK, Asia, North Korea, Korea, Ukraine, Beijing, Pyongyang, Getty Images Russia, Washington

☆ He's sworn by the same résumé format for the past 9 years. In 2022, it landed him a $350,000 job at Google — check it out.
▼ + stars: | 2024-06-24 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

In 2018, he joined Visa as a data platform product manager. Over the next five years, Lin worked at PayPal and then Google, where he is a senior product manager. Related storiesThis is the résumé that landed Lin his roles at Meta, Visa, and PayPal, and, in 2022, a $350,000 annual pay package at Google. "Tier one is about 20 to 30 different positions that I really, really want," Lin said. Lin is now a senior product manager at Google's San Francisco office.

☆ Russia inexplicably dropped another 3 bombs on its own territory, bringing its total reported self-bombings to 103 this year, opposition media says
▼ + stars: | 2024-06-20 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

Russia has dropped 103 bombs on its own territories in the last four months, Astra reported. This comes after the outlet wrote that three more FABs were found in Russian villages near the border. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian opposition media channel Astra reported on Wednesday that the Kremlin's forces had deployed three Soviet glide bombs this week onto Russian-controlled regions. No injuries were reported, but Astra assessed that the new incidents mean Russia has dropped a total of 103 bombs on its own territories in the last four months.

Persons: — Organizations: Astra, Service, Business Locations: Russia, Ukraine, Krapivnoye, Belgorod

☆ The best scene in 'Bridgerton' season 3 proves why Kanthony needs their own spinoff
▼ + stars: | 2024-06-18 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

"Marriage takes hard work," Kate tells Colin. "Our marriage is not hard work," Anthony quips. Luckily, "Bridgerton" has just given us the perfect set-up for a potential Kanthony spinoff — one that feels like it could generate another story. Simone Ashley as Kate and Jonathan Bailey as Anthony on the season three premiere of "Bridgerton." All episodes of "Bridgerton" season three are now streaming on Netflix.

Persons: —, Kate, Anthony's, they've, Simone Ashley, Jonathan Bailey, Anthony, Colin, they're, Colin's, Shonda Rhimes, Betsy Beers, Rhimes, Liam Daniel, Charithra Chandran, Edwina —, Ashley, Jess Brownell, Bailey Organizations: Service, Business, Town, Netflix Locations: India

☆ Satellite images show Russia's putting ships in the path of Ukraine's naval drones to protect Putin's prize, but it's likely not enough
▼ + stars: | 2024-06-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Read previewRussia has placed multiple barges and other defenses around a major bridge connecting it to the occupied Crimean peninsula, recently captured satellite images show. The efforts appear to be a bid to protect the structure from Ukraine's vaunted fleet of exploding naval drones. Whether these new defenses are able to effectively prevent Ukraine's naval drones remains to be seen. To help sustain its military presence in Crimea, Russia has been using ferry crossings. Ukraine has made a number of upgrades and improvements to its naval drones since they were used against the bridge last summer.

Persons: —, Vladimir Putin's, Brady Africk, Africk, Dmytro Pletenchuk, STRINGER Organizations: Service, Business, Russian, Ministry of Defense, Maxar Technologies, Technologies, American Enterprise Institute, Getty Images Locations: Russia, Crimean, Kerch, Crimea, Ukraine, Ukrainian, Moscow, Russian, Kyiv, Sevastopol, Novorossiysk

☆ China could soon have to choose between fueling the Ukraine war and its access to Europe's economy
▼ + stars: | 2024-06-18 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Read previewNATO Secretary General Jens Stoltenberg this week warned China it faces a stark choice if it continues backing Russia's Ukraine invasion. "But the reality is that China's fueling the largest armed conflict in Europe since World War II. In response, China has said it is not a party to the Ukraine war and that there should be no interference with trade between China and Russia. AdvertisementChina-Europe tensions increaseIt's not just China's support for Russia that appears to be focusing European minds on the potential threat it poses. Both have taken a critical stance towards Ukraine and appear keen to do more business with China, in defiance of EU policy.

Persons: —, Jens Stoltenberg, Xi, Stoltenberg, Emanuel Macron Organizations: Service, Publicly, Business, West, European Commission, US, European Union, Financial Locations: China, Ukraine, Europe, Beijing, Russia, Germany, Hungary, Serbia

☆ Satellite images show Russia is putting ships in the path of Ukraine's naval drones to protect Putin's prize, but it's likely not enough
▼ + stars: | 2024-06-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Read previewRussia has placed barges and other defenses around a major bridge connecting it to the occupied Crimean Peninsula, recent satellite images show. The efforts appear to be a bid to protect the structure from Ukraine's vaunted fleet of exploding naval drones. Whether these new defenses are able to effectively prevent Ukraine's naval drones remains to be seen. To help sustain its military presence in Crimea, Russia has been using ferry crossings. Ukraine has made numerous upgrades and improvements to its naval drones since they were used against the bridge last summer.

☆ 'A threat like no other': The West watches on concerned as Putin visits North Korea for the first time in years
▼ + stars: | 2024-06-18 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Ties between Russia and North Korea have deepened in recent years with the countries — which are both heavily sanctioned by the West — hailing their strategic cooperation in the spheres of defense and trade. North Korea has not been shy in its outpourings of reverence for Putin, describing him as a "comrade-in-arms" in the battle against what both countries see as Western hegemony. Analysts say the deepening relationship between Russia and "rogue" state North Korea is increasingly hazardous for the West. This aspect of the relationship not only destabilizes security on the peninsula and in Asia; it also heightens the direct threat posed by North Korea to the [U.S.] homeland." It is unclear what further strategic cooperation between North Korea and Russia could entail.

Persons: Vladimir Putin, North, Kim Jong Un, Teneo, Kim, Putin, Kim Jong, Matthew Miller, Miller, Victor Cha, Cha Organizations: Vostochny, UN, West, Kremlin, Democratic People's, U.S . State Department, U.S ., Reuters, Analysts, Center for Strategic, International Studies, National Security Council, Ukraine, North Locations: Amur, Russia, North Korea, Russian, Democratic People's Republic of Korea, DPRK, Korea, Ukraine, Pyongyang, U.S, Iran, Europe, Asia, Gaza, Moscow, North Korean, Eurasia

☆ Where every major character ends up in season 3 of 'Bridgerton'
▼ + stars: | 2024-06-16 | by ( Olivia Singh | Palmer Haasch | ) www.businessinsider.com time to read: +2 min

Colin Bridgerton and Penelope Featherington get married and have a baby. Nicola Coughlan as Penelope Featherington and Luke Newton as Colin Bridgerton in season three, episode seven of "Bridgerton." But Penelope's Lady Whistledown secret threatens their relationship. Cressida Cowper (Jessica Madsen), who pretends to be Lady Whistledown for the reward, also finds out Penelope's secret and attempts to blackmail her. The finale ends with Penelope retiring her literary persona, and formally introducing herself as Penelope Bridgerton in her column.

Persons: Colin Bridgerton, Penelope Featherington, Nicola Coughlan, Luke Newton, Liam Daniel, Colin, Colin's unkind, Penelope, Whistledown, Cressida Cowper, Jessica Madsen, Queen Charlotte, Golda Rosheuvel, Lady Whistledown, Penelope Bridgerton Organizations: Netflix

☆ 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

☆ Russia says the US doesn't have any reason to worry about the nuclear submarine and the massive warship its navy has cruising off the coast of Cuba
▼ + stars: | 2024-06-14 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Along with two other vessels, these Russian navy assets were scheduled to be stationed in Cuba for a five-day visit. This story is available exclusively to Business Insider subscribers. Russia's reassurances that the vessels in Cuba pose no harm come in spite of the fact that they are some of the Kremlin's most lethal military assets. Related storiesThe Cuban foreign ministry, for its part, echoed Russia's sentiments, saying that the vessels pose no threat, per Reuters. Representatives for the US Southern Command and Russian defense ministry didn't immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: —, Dmitry Peskov, Gorshkov, Sabrina Singh, Helena, Russia's, didn't Organizations: Service, Russian, Business, Reuters, NATO, Pentagon, Department of Defense, Southern Command, US Southern Command, Business Insider Locations: Russia, Cuba's, Havana, Caribbean, Cuba, Gorshkov Russian, Cuban, United States, Ukraine, Los Angeles, Guantanamo

☆ 'Bridgerton' just made its boldest book change yet — but how will it play out on the show?
▼ + stars: | 2024-06-13 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

"Bridgerton" season three wrapped up Penelope and Colin's love story — but its finale set up a revelatory future for Francesca Bridgerton that's a major divergence from the books. For those who have been praying for one of the Bridgerton siblings to get a queer storyline, season three delivered. Francesca Bridgerton marries John Stirling in the season three finale of "Bridgerton." Emma Naomi as Alice Mondrich and Martins Imhangbe as Will Mondrich in "Bridgerton" season three. Brownell told Glamour that despite the change from Michael to Michaela, she still plans to "honor" the book on television.

Persons: —, Penelope, Francesca Bridgerton that's, Benedict Bridgerton, Lady Tilley Arnold, Francesca, John Stirling, Earl of Kilmartin, Penelope Featherington's, Michaela Stirling, Masali Baduza, Michaela, Michael, John's, Francesca's, He's, John, Francesca Bridgerton, Liam Daniel, Jess Brownell, Glamour, " Brownell, Benedict befriends, Henry Granville, who's, Granville, Benedict, Queen Charlotte, queen's footmen, Reynolds, Sam Clemmett, Freddie Dennis, Brimsley, Young Reynolds, Nick Wall, Hugh Sachs, Brownell, Francesca miscarries, he's, congrats, Kent, Lady Kent's, Emma Naomi, Alice Mondrich, Martins Imhangbe, Will Mondrich, Netflix Michaela, sequester, she'll, it's heartening Organizations: Service, Business, Netflix Locations: London, Queen, England, India, John's

☆ 'Bridgerton' season 3 changes how Penelope's Lady Whistledown identity is revealed — and it's so much better this way
▼ + stars: | 2024-06-13 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +10 min

Read previewWarning: Major spoilers ahead for "Bridgerton" season three, part two, and the book "Romancing Mister Bridgerton." Penelope Featherington's secret identity as Lady Whistledown is finally revealed in part two of "Bridgerton" season three. Since season one, Penelope (Nicola Coughlan) has secretly published a gossip column about London's high society under the pseudonym Lady Whistledown. Liam Daniel / NetflixIn "Romancing Mister Bridgerton," Colin Bridgerton discovers Penelope's Whistledown secret before their engagement and is the first person to find out. Liam Daniel / NetflixIn both "Romancing Mister Bridgerton" and "Bridgerton" season three, London's high society decides to hunt down Lady Whistledown.

Persons: —, Bridgerton, Penelope Featherington's, Whistledown, Nicola Coughlan, Queen Charlotte, Golda Rosheuvel, Eloise Bridgerton, Claudia Jessie, Whistledown's, Julia Quinn, Penelope, Lady Whistledown, Colin, Luke Newton, Liam Daniel, Colin Bridgerton, Penelope's, she's, Madame Delacroix, Kathryn Drysdale, Eloise, Cressida Cowper, Colin doesn't, Jess Brownell, Cressida, Jessica Madsen, Penelope Featherington, Lady Danbury, Cressida doesn't, Lady Featherington, Laurence Cendrowicz, Philippa Finch, Harriet Cains Organizations: Service, Business, Netflix, Hollywood

☆ The US expands sanctions against Russia-friendly institutions as Treasury chief Janet Yellen says the Kremlin is 'desperate' for outside help
▼ + stars: | 2024-06-12 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Read previewForeign financial institutions engaged in Russia's wartime economy are now at greater risk of secondary sanctions, as the Treasury Department's ability to blacklist institutions just got a boost. The update, announced Wednesday, also unveiled fresh sanctions against 300 individuals and entities accused of fueling Moscow's war in Ukraine and helping it circumvent sanctions. "Russia's war economy is deeply isolated from the international financial system, leaving the Kremlin's military desperate for access to the outside world," said Treasury Secretary Janet Yellen said, quoted in the report. The new announcement comes as Russia's wartime activity has kept its economy afloat while its partnership with China has only grown. AdvertisementA handful of stock exchanges in Moscow are also restricted, meant to prevent investors from profiting from Russia's war through defense firms and other corporations.

Persons: —, Janet Yellen, that's Organizations: Service, Treasury, Business, United Arab, Financial Times, West Locations: Ukraine, Turkey, United Arab Emirates, Austria, Russia, China, Russian, Moscow

☆ Europe's climate ambitions thrown into doubt as Green vote collapses
▼ + stars: | 2024-06-10 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

That's significantly lower than the 71 seats the Greens/EFA secured when the green faction enjoyed its strongest ever showing five years ago. Nationalist and far-right parties — traditionally skeptical of climate issues — have also been vocal critics of green policies. Bas Eickhout Lead candidate for the Green PartyBas Eickhout, lead candidate for the Green Party, said that support for the far-right parties across the bloc could jeopardize Europe's progress on climate action. Green Deal 'cannot go back'Ahead of the vote, researchers warned that the outcome of the European elections was likely to put significant pressure on the European Green Deal, the region's showcase carbon neutrality program. Which means [the] Green Deal cannot go back, but we are prepared to give it this additional twist, which is a Green Deal, but taking care of the transitions," Marques told CNBC's Silvia Amaro.

Persons: Emmanuel Macron, —, we're, Eickhout, CNBC's Silvia Amaro, Ricarda Lang, Grünen, Terry Reintke, Omid, Reintke, Pedro Marques, Marques, Jorg Asmussen, Asmussen, CNBC's Annette Weisbach, John Macdougall Organizations: Afp, Getty, European Free Alliance, Greens, EFA, Democracy, European Union, European Conservatives, Social Democrats, Free Democrats, French, Union, Nationalist, Bas Eickhout, Green Party, Green, Green Deal, Socialist, Democrats Group, German Insurance Association Locations: The Hague, Germany, Austria, France, Bas, China, United States, Europe, European, Berlin's Columbiahalle, Denmark, Netherlands, Sweden, Finland, Croatia, Latvia, Slovenia, Lithuania, EU, den Linden, Berlin

☆ War, what war? Putin looks to woo new business partners willing to overlook its invasion of Ukraine
▼ + stars: | 2024-06-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Russian President Vladimir Putin is seen while visiting the Lakhta Center on June 5, 2024, in Saint Petersburg, Russia. Vladimir Putin visited a newly built Lakhta Center, a skyscraper of Gazprom, prior to his meetings at the Saint Petersburg International Economic Forum SPIEF 2024. Contributor | Getty Images News | Getty ImagesRussia's annual economic forum in St. Petersburg used to be known as the country's "Davos" in a nod to the World Economic Forum that's held in Switzerland every year. A view of the stand of the Russian private bank Alfa-Bank during the 27th St. Petersburg International Economic Forum in St. Petersburg, Russia on June 05, 2024. Guests from foreign countries seen during the first day of the St. Petersburg International Economic Forum 2024.

Persons: Vladimir Putin, SPIEF, Max Hess, Peter Szijjarto, There's, Vladimir Putin's, Yuri Ushakov, Putin, anders Pettersson Organizations: Lakhta Center, Saint Petersburg, Economic, Getty, St ., Economic Forum, Foreign Policy Research Institute, CNBC, Hungarian Foreign, Alfa, Bank, Anadolu, West, International Monetary Fund, U.S, Brics Locations: Saint Petersburg, Russia, Gazprom, St . Petersburg, Davos, Switzerland, Ukraine, Asia, Latin America, Africa, Eastern Europe, Slovakia, Hungary, Hungarian, St, Moscow, Russian, Germany, France, India, China, Johannesburg, South Africa

☆ Putin and his Kremlin clique are rolling out their own kids at the 'Russian Davos'
▼ + stars: | 2024-06-06 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Read previewIt's the time of the year for the St. Petersburg International Economic Forum — or the "Russian Davos," as it's sometimes called. This year, the biggest names attending the event include Bolivian President Luis Arce and Zimbabwean President Emmerson Mnangagwa. Related VideoBut the four-day economic forum, which started on Wednesday, now also features the children of the Kremlin's top echelons, Bloomberg reported on Wednesday. Advertisement"Now that this opportunity has become harder, the way to protect themselves is to appoint their children as bosses," Schulmann told Bloomberg. Putin is scheduled to address the economic forum on Friday.

Persons: —, Vladimir Putin's, Emmanuel Macron, Xi Jinping, Narendra Modi, Angela Merkel, Luis Arce, Emmerson Mnangagwa, Maria Vorontsova, Katerina Tikhonova, Anton Vaino's, Alexander, Ekaterina Schulmann, Schulmann, Putin Organizations: Service, St ., Economic, Indian, Business, Bolivian, Bloomberg, Russian Association for, Kremlin, Carnegie Russia Eurasia Center Locations: St, St . Petersburg, Russian Davos, Russian, Russia, Ukraine, Berlin

☆ Airbus showcases 'Wingman' jet-like stealth drone concept at giant aerospace show in Berlin
▼ + stars: | 2024-06-06 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

An Airbus Wingman air combat drone stands on display at the 2024 ILA Berlin Air Show on June 05, 2024 in Schoenefeld, Germany. Airbus this week revealed the concept for a new fighter-type drone, called Wingman, and showcased a model of it at Berlin's massive ILA Air Show. The drone would be an "unmanned escort for manned fighter jets," Airbus said in a statement, noting that it is designed to operate in a similar way to an actual wingman. In aviation, a wingman is a pilot in a secondary aircraft that supports and protects the primary one. The drone, which can be commanded by fighter jet pilots, can be deployed on riskier missions which could post a threat to manned aircraft.

Organizations: Airbus, ILA Air Locations: Schoenefeld, Germany

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