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☆ Georgian opposition politician beaten unconscious by police, party says, as government crackdown intensifies
▼ + stars: | 2024-12-04 | by ( Christian Edwards | ) edition.cnn.com time to read: +2 min

Elene Khoshtaria, founder of the Droa party which Gvamaria represented, told CNN that police had stormed their offices on Wednesday. Following the vote, Georgia’s opposition parties said they would boycott parliament. Earlier this year, Levan Khabeishvili, then-chair of the United National Movement – Georgia’s foremost opposition party – said he was brutally beaten by special forces. Khabeishvili told CNN he had since stepped down as party chair, citing the effect the beating had on his health. Asked for comment, Georgia’s interior ministry told CNN that Gvamaria had been arrested over charges relating to “disobedience to the police.”

Persons: –, Nika Gvamaria, Elene Khoshtaria, Gvamaria, “, ”, ” Khoshtaria, Irakli Kobakhidze, Zurab, ” Gvamaria’s, Levan Khabeishvili, Khabeishvili Organizations: CNN, Coalition, European Union, Georgian Young Lawyers Association, United National Locations: Tbilisi, Soviet, Brussels

☆ How Lili Reinhart spends her 5 to 9 — from takeout wings to sleeping as much as possible
▼ + stars: | 2024-12-04 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +6 min

Reinhart is outspoken and candid on everything from Donald Trump's reelection to mental health and acne. AdvertisementIn January 2024, Reinhart said she'd been diagnosed with the autoimmune disease alopecia, which can cause hair loss. Reinhart also has chronic fatigue, and she regularly raises awareness for her conditions in a lighthearted way. I try to get as much sleep as humanly possible so I wake up as late as I can. I take some deep breaths when I'm outside and soak in some fresh air before I get into bed.

Persons: Lili Reinhart, Reinhart, Donald Trump's, she'd, Jack Martin, Milo, Ssam Kim, I'm, Benedict, I've, Sarah Ford, hasn't Locations: Riverdale, skincare, LA

The stowaway didn’t have a boarding pass but completed a security screening and bypassed identity verification and boarding status stations to board a Delta Air Lines aircraft the Tuesday before Thanksgiving, according to the Transportation Security Administration. “Everyone knows the threats are out there and the TSA just failed horribly, as did Delta Air Lines. It was at that point the woman skipped the station where her ID and boarding pass would have been checked, the spokesperson said. Delta has not said how the woman was able to board the plane once she made it past the TSA checkpoint. Passengers learned about the stowaway on Delta Flight 264 from JFK to Charles de Gaulle Airport when the plane landed.

Persons: John F, ”, Mary Schiavo, Svetlana Dali, ” Schiavo, Stowaway, “, –, Charles de Gaulle, ” Rob Jackson, David P, Pekoske, Schiavo Organizations: CNN, Kennedy International Airport, US Department of Transportation, Delta Air Lines, Transportation Security Administration, TSA, JFK’s, Passengers, Delta, American Association of Airport, Aviation Locations: New, Paris, France, Delta, JFK . Delta, JFK, New York, Texas, Salt Lake City

☆ Russia will use ‘even stronger military means’ if Western pressure continues, warns deputy foreign minister
▼ + stars: | 2024-12-04 | by ( Frederik Pleitgen | Edward Szekeres | ) edition.cnn.com time to read: +3 min

Moscow CNN —Russia will resort to “even stronger military means” in its war with Ukraine if the US and its allies fail to recognize it cannot be tested indefinitely, Moscow’s deputy foreign minister told CNN’s Fred Pleitgen in an exclusive interview on Wednesday. Russia has not had direct contact with Trump or his team regarding the president-elect’s earlier comments on ending the Ukraine war in one day, according to Ryabkov. “We will be there when they come with ideas … but not at the expense of our national interest,” the minister said. Addressing the possibility of peace talks with Ukraine, Ryabkov said the two countries’ positions are incompatible. The moment people in Kyiv begin to understand there’s no way Russia will go the way they suggested – there might be openings and opportunities.”Katharina Krebs contributed reporting.

Persons: CNN’s Fred Pleitgen, Sergei Ryabkov, ” Ryabkov, Joe Biden’s, ”, Biden, Ryabkov, Oreshnik “, Donald Trump’s, Trump, “, ” Katharina Krebs Organizations: Moscow CNN —, Kyiv “, Congress, Nuclear Forces Treaty, Ukraine Locations: Moscow, Moscow CNN — Russia, Ukraine, Russia, Washington, Kyiv

☆ The US housing market won't change much in 2025 — with one major exception
▼ + stars: | 2024-12-04 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

AdvertisementRealtor.com just unveiled its 2025 housing market outlook. Home sales and the cost of buying or renting won't be much different in 2025, Realtor.com said in its housing forecast published on December 4. AdvertisementIn addition, it's unclear how President-elect Donald Trump's policies will affect the US housing market, though stock market strategists generally agree that tax cuts and deregulation will boost business confidence. Related storiesHigh on supplyWhile that backdrop mostly represents business-as-usual, next year's housing market may be marked by a significant development: sizable increases in home and apartment supply. AdvertisementA long-running home shortage is finally easing, as Realtor.com predicts that 2025 will be the first "balanced" housing market in nine years, meaning neither buyers nor sellers will have disproportionate leverage.

Persons: Realtor.com, they'll, we're, Ralph McLaughlin, it's, Donald Trump's, McLaughlin, there's, Freddie Mac, Zumper, — Organizations: Federal Reserve, Business, National Association of Realtors

☆ Trump's Tariffs May Not Be As Bad for Inflation As Predicted
▼ + stars: | 2024-12-04 | by ( Christine Ji | ) www.businessinsider.com time to read: +4 min

Here's why experts say inflation, which decreased in Trump's first term, could fall further. AdvertisementHowever, President-elect Donald Trump's proposed tariff policies have the potential to throw a wrench into that progress. Here are some reasons Trump's tariff policies, if enacted, may not exacerbate price gains — and why inflation may instead decline. January 2018 was also when we saw Trump's first round of tariffs go into play," Norton wrote in Empower's 2025 economic outlook. Energy costs have a large impact on inflation, which would bode well for the Fed's goal of tamping down prices.

Persons: Donald Trump's, Marta Norton, Trump, Norton, Mary Ann Bartels, LPL, Jeffrey Roach, Roach, Bartels, bode, Mark Haefele Organizations: Wall Street, Wealth, National Bureau of Economic Research, LPL, Consumers, Norton, UBS Global Wealth Management, Trump, Energy, UBS Locations: Trump's, China

Presidential candidate and Florida Governor Ron DeSantis speaks to a crowd on June 2, 2023 in Gilbert, South Carolina. President-elect Donald Trump is considering replacing embattled defense secretary choice Pete Hegseth with Florida Gov. Ron DeSantis, according to two sources familiar with the decision-making. "Trump talked to the governor and wants him to do it," a source familiar with the conversation told NBC News Tuesday night. Joni Ernst, R-Iowa, and Bill Hagerty, R-Tenn., according to two sources familiar with the decision-making.

Persons: Ron DeSantis, Donald Trump, Pete Hegseth, DeSantis, Trump, Joni Ernst, Bill Hagerty, Mike Waltz Organizations: Florida, Florida Gov, NBC News, Trump, NBC, Street Journal, Pentagon, Sens, White House Locations: Gilbert , South Carolina, Iowa

☆ Fox News stars defend imperiled ex-colleague Pete Hegseth amid misconduct allegations
▼ + stars: | 2024-12-04 | by ( Brian Stelter | ) edition.cnn.com time to read: +6 min

New York CNN —Pete Hegseth’s former colleagues at Fox News are rallying to his side. After disregarding a series of misconduct allegations against Hegseth for days on end, the right-wing network has shifted into a new posture: defense. Amid the mounting scrutiny, Hegseth’s friends at Fox are simultaneously – and suddenly – speaking up on his behalf. On Wednesday morning – as Hegseth ramped up his own public defense – his mother appeared on “Fox & Friends” for her first television interview. Will Cain, the “Fox & Friends Weekend” co-host who sat next to Hegseth for five years, started the snowball effect.

Persons: Pete Hegseth’s, Hegseth, “ Fox, ”, Donald Trump, Trump, Penelope, Fox, Lachlan Murdoch, Suzanne Scott, Jennifer Rauchet, “, Friends ”, Steve Doocy’s, ” Penelope Hegseth, Pete, JD Vance, Emily Compagno, Brian Kilmeade, he’s, ” Kilmeade, Kilmeade, Will Cain, Cain, Rachel Campos, Duffy, ” Campos, ” Cain, Megyn Kelly, Kelly, Jake Tapper, Tim Parlatore Organizations: New, New York CNN, Fox News, Pentagon, Capitol, Fox, The New York Times, Fox Corp, Fox News Media, “ Fox, Friends, Times, ”, NBC Locations: New York, Yorker

☆ Why South Korea’s Leader Made Such a Fateful Decision
▼ + stars: | 2024-12-04 | by ( Choe Sang-Hun | ) www.nytimes.com time to read: +1 min

For Yoon Suk Yeol, the unpopular president of South Korea, things appeared to worsen with each passing day. And the lawmakers blocked many of Mr. Yoon’s bills and political appointments. On Tuesday night, Mr. Yoon took a desperate measure, his boldest political gamble, which he said was driven by frustration and crisis. Inside, lawmakers who included members of Mr. Yoon’s own People Power Party voted unanimously to strike down his martial law. Six hours after declaring it, Mr. Yoon appeared on television again, this time to retract his decision.

Persons: Yoon Suk Yeol, Yoon, Yoon Suk, Yoon’s Organizations: National Assembly, Power Party Locations: South Korea,

☆ Outgoing Campbell's CEO talks new NFL role and the soup maker's progress
▼ + stars: | 2024-12-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Outgoing Campbell's CEO Mark Clouse discussed his departure from the company in a Wednesday interview with CNBC's Jim Cramer, sayin he feels comfortable leaving his post to become president of the National Football League's Washington Commanders. "We have moved dramatically from where we were six years ago," he said of the soup maker. Campbell's reported a mixed quarter Tuesday night and announced longtime company executive Mick Beekhuizen will start as CEO in February of 2025. Management struck an optimistic tone about recovery in different categories but said some were making more progress than others. Clouse expressed optimism about Campbell's ability to change its offerings accordance with consumers' preferences and tastes.

Persons: Mark Clouse, CNBC's Jim Cramer, sayin, Campbell's, Mick Beekhuizen, Clouse Organizations: National Football League's, Management, Sovos Brands Locations: Campbell's

☆ Bank of Korea to hold emergency meeting after Yoon lifts martial law
▼ + stars: | 2024-12-04 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Signage for Bank of Korea is displayed atop the central bank's headquarters building in Seoul, South Korea, on Thursday, Aug. 16, 2018. The Bank of Korea is set to hold an emergency meeting Wednesday after South Korean President Yoon Suk Yeol lifted a surprise martial law declaration overnight. Late Tuesday night, Yoon declared an emergency martial law and mobilized the army. Within hours, the National Assembly voted to overturn the emergency order, forcing Yoon to lift martial law early Wednesday morning. The iShares MSCI South Korea ETF (EWY), which tracks more than 90 large and mid-sized companies in South Korea, tumbled as much as 7% to hit a 52-week low before cutting losses to close 1.6% lower.

Persons: Yoon Suk, BOK, Yoon, Choi Sang, mok Organizations: Bank of, The Bank of, South, National Assembly, Citi, South Korea's Finance, Korea ETF Locations: Bank of Korea, Seoul, South Korea, South Korea's, The Bank of Korea, U.S, Korea, KST

☆ Analysis: The troubled history of martial law, coups and toppled presidents many hoped South Korea had left behind
▼ + stars: | 2024-12-04 | by ( Nectar Gan | ) edition.cnn.com time to read: +6 min

Yoon was forced to back down and lifted the martial law order just hours later, after lawmakers unanimously voted to block the decree amid a fierce national outcry. That was the last time martial law was declared in South Korea. Seoul citizens walk beside an army tank on Saturday, Oct. 27, 1979, after martial law was declared following the death of President Park Chung-Hee. Outsted South Korean leader Park Geun-hye arrives at a court in Seoul, South Korea, August 25, 2017. Yoon also faces rising discord within his party, which has opposed his move to introduce martial law and called it unconstitutional.

Persons: Park Chung, Yoon Suk Yeol, Yoon, “, ”, Yoon’s, Chun, Hee, Kim Chon, Roh Moo, Lee Myung, Chung, Park, hye, Kim Hong, Leif, Eric Easley, Yonhap Organizations: CNN, Yonhap News Agency, Min Consulting, National Assembly, Ewha University, Democracy Party, People Power Party Locations: South Korea, South, Seoul, Japan, Gwangju, Korean

☆ With the US caught off guard, Kim Jong Un may be about to capitalize on South Korea's turmoil
▼ + stars: | 2024-12-04 | by ( Tom Porter | Hannah Abraham | ) www.businessinsider.com time to read: +4 min

South Korea's foe, North Korea, could seek to exploit the turmoil. Kim Jong Un, North Korea's emboldened leader, is likely watching the events in South Korea closely and may use the turmoil to his benefit. Advertisement"We should not be surprised if Pyongyang exploits the domestic crisis in South Korea to its advantage, either rhetorically or otherwise," he added. Kim could use the crisis to intimidate and undermine its neighbor, and drive a wedge between South Korea and the US, say analysts. "I would expect some rhetorical gloating about the superiority of North Korea's political system, but not much else," he said.

Persons: Yoon Suk Yeol, Yoon, South, Kim Jong Un, Korea's, Edward Howell, Seiler, Kurt Campbell, Campbell, Kim, Ramon Pacheco Pardo, David Welch Organizations: University of Oxford, CNN, US National Intelligence Council, South, ROK, Department of European, International Studies, SOAS, University Research, Political Science, University of Waterloo, Newsweek Locations: Korea, North Korea, South Korea, Seoul, Pyongyang, South, East Asia, Ukraine, China, Taiwan, Republic of Korea

☆ My family goes on an evening walk every day. It's made the bedtime transition easier for all of us.
▼ + stars: | 2024-12-04 | by ( Katrina Donham | ) www.businessinsider.com time to read: +4 min

We started going on a walk with them every evening, and it helped so much. Adding a walk to our routine helps our family connect, and helps ease them into bedtime. That is until I began implementing a tried-and-true parenting hack in our evening routine: a change of scenery. I decided to re-commence our evening walks once power lines had been repaired and fallen trees removed, and as expected, there was some pushback from my preschoolers. Once our meal is in the oven or turned to simmer, I announce, "It's time for our evening walk!"

Persons: I'd, —, simmer, It's

☆ How South Korea's Impeachment of President Yoon Could Happen
▼ + stars: | 2024-12-04 | by ( Pablo Robles | ) www.nytimes.com time to read: +9 min

Members of South Korea’s opposition submitted a motion on Wednesday to impeach Mr. Yoon. Moon Hyungbae Appointed by Moon Jae-in Lee Mison Appointed by Moon Jae-in Kim Hyungdu Appointed by Mr. Yoon Kim Bok-hyeong Appointed by Mr. Yoon Jung Jungmi Appointed by Mr. Yoon Cheong Hyungsik Appointed by Mr. Yoon Vacant Vacant Vacant The constitutional Court has three vacancies. Moon Hyungbae Appointed by Moon Jae-in Lee Mison Appointed by Moon Jae-in Kim Hyungdu Appointed by Mr. Yoon Kim Bok-hyeong Appointed by Mr. Yoon Jung Jungmi Appointed by Mr. Yoon Cheong Hyungsik Appointed by Mr. Yoon Vacant Vacant Vacant The constitutional Court has three vacancies. Moon Hyungbae Appointed by Moon Jae-in Lee Mison Appointed by Moon Jae-in Kim Hyungdu Appointed by Mr. Yoon Kim Bok-hyeong Appointed by Mr. Yoon Jung Jungmi Appointed by Mr. Yoon Cheong Hyungsik Appointed by Mr. Yoon Vacant Vacant Vacant The constitutional Court has three vacancies. Moon Hyungbae Appointed by Moon Jae-in Lee Mison Appointed by Moon Jae-in Kim Hyungdu Appointed by Mr. Yoon Kim Bok-hyeong Appointed by Mr. Yoon Jung Jungmi Appointed by Mr. Yoon Cheong Hyungsik Appointed by Mr. Yoon Vacant Vacant Vacant The constitutional Court has three vacancies.

Persons: Yoon Suk, Mr, Yoon, Yoo, Han Duck, Moon Hyungbae, Moon Jae, Lee Mison, Kim Hyungdu, Yoon Kim Bok, hyeong, Yoon Jung Jungmi, Yoon Cheong, Roh Moo, hyun Organizations: Power Party, Constitutional, National Assembly, SIX Locations: South Korea

☆ Who Would Replace South Korea’s President Yoon?
▼ + stars: | 2024-12-04 | by ( Qasim Nauman | ) www.nytimes.com time to read: 1 min

South Korea’s opposition, which controls the National Assembly, has threatened to impeach President Yoon Suk Yeol if he does not resign after his ill-fated decision to impose martial law. If Mr. Yoon quits or is removed from office then, under the constitution, Prime Minister Han Duck-soo will step in to perform presidential duties. Mr. Yoon, a conservative, came into office after winning the 2022 presidential election by a threadbare margin, and appointed Mr. Han as the prime minister that year. Mr. Han began his career as a civil servant in the early 1970s, working on trade and industrial policy for decades. From 2009 to 2012, Mr. Han was South Korea’s ambassador to the United States.

Persons: Yoon Suk, Yoon, Han Duck, Han, Han’s, Roh Moo Organizations: National Assembly, Harvard Locations: South, United States

☆ Inside the chaos in Seoul after South Korea's president sprang 6 hours of martial law on his people
▼ + stars: | 2024-12-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +13 min

South Korea's president, Yoon Suk-yeol, shocked the nation on Tuesday evening by declaring martial law. AdvertisementThe last time martial law was declared in South Korea was in 1980, when a military dictatorship took over. 12 a.m. — Martial law forces reach the complexAs the National Assembly started to meet its quorum requirement, the first of the martial law forces arrived outside. Related stories12:48 a.m. — Lawmakers vote to lift martial lawLed by Woo, the National Assembly officially began the vote on reversing martial law. 4:40 a.m. — Martial law is lifted and troops withdrawYoon's martial law was officially rescinded by an emergency Cabinet meeting, and dispatched forces returned to their bases.

Persons: Yoon Suk, yeol, Yoon, — Yoon, Kim Hongmin, Kim, Han Dong, Han, Chris Jung, Yonhap, Lee Jae, Myung, mobilizes, Lee, Kim Hong, Woo Won, Woo, Park Jie, Park, Chung Sung, —, Lee Tae, Daniel Ceng, Ellen Kim, Yun, Donald Trump, Yoon's Organizations: Assembly, North Korean, Democratic Party, People Power Party, Getty, National Assembly, Lawmakers, Protesters, Police, —, South Korean, — Troops, Democratic Party's, REUTERS, Korean, Soldiers, South, Park, National, Center for Strategic, International Studies, CSIS Locations: Seoul, Republic of Korea, Korean, Hongdae, South Korea, Yeouido, South, Gwangju, South Korea's, —, Anadolu, Korea, YONHAP, Ukraine, Gwanghwamun

☆ UK, US clamp down on money laundering rings allegedly favored by Russian oligarchs and Western drug gangs
▼ + stars: | 2024-12-04 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +5 min

CNN —UK and US authorities on Wednesday announced a major crackdown on a pair of billion-dollar money laundering rings that officials say has cleaned money for Russia’s elite, cybercriminals and drug-runners around the world. The two alleged money-laundering networks offered Russian elites a financial lifeline, UK investigators allege. The Treasury Department on Wednesday announced sanctions on alleged senior leaders of one of the laundering rings, which is known as TGR. Pullman Global Solutions LLC, a Wyoming based entity owned by Bradens, was also sanctioned, Treasury said. NCA officials allege that the Kremlin has directly benefited from some of the money laundering, which the officials say has been used to fund Russian espionage operations.

Persons: ” Will Lyne, NCA’s, ” Rob Jones, George Rossi, Elena Chirkinyan, Andrejs Bradens, Ekaterina Zhdanova, Matthew Miller Organizations: CNN —, Wednesday, US Treasury Department, CNN, Agency, Britain’s, Treasury Department, Pullman Global Solutions, Bradens, Treasury, Cybercriminals, South, State Department, University of Vermont Health Network, IRS Locations: France, Europe, Russia, Ukraine, Ukrainian, Russian, Latvian, Wyoming, Dubai, Dublin, South American, London

☆ France no-confidence vote: Michel Barnier likely to be ousted, deepening country’s crisis
▼ + stars: | 2024-12-04 | by ( Lauren Kent | Hanna Ziady | ) edition.cnn.com time to read: +4 min

CNN —French lawmakers will vote Wednesday on a no-confidence motion that is widely expected to oust the government of Prime Minister Michel Barnier, as the country grapples with a deepening political crisis and massive budget deficit. The no-confidence vote is the just the latest jolt on a political rollercoaster in France, where no single party has wielded a majority in parliament since snap elections in July. No government has been ousted in a no-confidence vote since 1962 and Barnier would become France’s shortest-serving prime minister in history. This gridlock has made the government’s budget problems much harder to solve. The credit rating agency expects France’s budget deficit to reach 6.2% of GDP by the end of the year.

Persons: Michel Barnier, Barnier, centrists, –, Emmanuel Macron, Russia’s, Tariq Kamal Chaudhry, “, ”, CNN’s Olesya, Saskya Vandoorne Organizations: CNN, Union, EU, Hamburg Commercial Bank, P Global Locations: Barnier, France, Greece, Ukraine, Hamburg

☆ Palmer Luckey's Anduril is partnering with OpenAI on AI defense tech
▼ + stars: | 2024-12-04 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

AdvertisementOpenAI partnered with Anduril to enhance AI in defense tech. Anduril, known for autonomous military drones, has secured major US government contracts recently. OpenAI is getting into the world of defense tech through a partnership with Palmer Luckey's Anduril. On Thursday, Anduril said it entered a partnership with OpenAI to "deploy advanced artificial intelligence (AI) solutions for national security missions." Scott Sacknoff, president of aerospace and defense investment firm Spade Index, previously told Business Insider that autonomous drones are "definitely a trend."

Persons: OpenAI, Palmer Luckey's Anduril, Anduril, Ozempic, Luckey, Scott Sacknoff, Sacknoff, Sam Altman, Altman Organizations: Anduril, Meta, Teledyne, Defense Department . Defense, Spade Locations: China, United States

☆ Lily Yohannes: The making of USWNT’s emerging teenage star
▼ + stars: | 2024-12-04 | by ( Ben Church | ) edition.cnn.com time to read: +10 min

Considered one of most exciting talents in the women’s game, she is already a regular in Ajax’s first-team and is making waves on the international scene. But her rise to the top of the women’s game has been no accident, and it’s only just getting started. Speaking to CNN Sport, her father recalls Yohannes playing soccer with her brothers in the basement of the house, which he had converted into a small pitch with goals at either side. After joining the club’s academy, she worked up the ranks and earned her first contract with the senior women’s team in 2023. Emerging at AjaxDuring her first season with the senior team, Yohannes struck up a close bond with teammate Ashleigh Weerden – who has since signed for English side Crystal Palace.

Persons: Lily Yohannes, Ajax’s, Yohannes, Daniel ., Daniel Yohannes Yohannes, Yohannes ’, –, “, “ I’m, ”, initally, Johan Cruyff, Dennis Jullens, ” Jullens, Lily, Daniel Yohannes WV, Ajax –, Ashleigh Weerden –, Weerden, you’re, she’s, ” Weerden, She’s, Weerdan, “ She’s, USWNT, ” Lily Yohannes, Gerrit Van Keulen, Emma Hayes, Hayes, Daniel, “ We’re Organizations: CNN, US, National, CNN Sport, Loudoun, Loudoun County FC's, Ivory Coast, of Nations, Ajax, Ajax – it’s, Oranje, South, US Soccer, UEFA Women's, League, Getty, England Locations: Netherlands, Virginia, Loudoun County, Ethiopia, Europe, Amsterdam, duals, South Korea, United States

☆ Intel ruled tech. Now it’s in deep trouble
▼ + stars: | 2024-12-04 | by ( Clare Duffy | ) edition.cnn.com time to read: +10 min

At the time, Intel was the world’s largest producer of computer chips, and its technology was housed inside nearly every PC. That means nearly two decades after Grove outlined his vision, Intel is a shell of its former self. And now, investors and company watchers are seriously questioning whether Intel can ever regain its industry-leading position, despite its importance to American chipmaking. And because ARM was ready with the technology, it quickly leapfrogged Intel as the mobile chipmaking leader. Intel CEO Pat Gelsinger delivers a speech at the COMPUTEX forum in Taipei, Taiwan on June 4.

Persons: Andy Grove, Grove, Pat Gelsinger, Gelsinger, ”, Angelo Zino, Shannon Stapleton, Gordon Moore, Intel “, Vivek Arya, “, Edward Jones, Logan Purk, Gelsinger “, ” Zino, Ann Wang, Nvidia —, didn’t, Jensen Huang, it’s “, Huang, Biden, ” Forrester, Alvin Nguyen, Saul Loeb, David Zinsner, Johnston Holthaus, Nguyen, Intel’s, Trump, ” Purk, Zino, ” Frank Yeary Organizations: New, New York CNN, Intel, Dow Jones, Nvidia, CFRA Research, ARM, Apple, Reuters, AMD, ” Bank of America Securities, CNN, Getty, Qualcomm, Foundry Locations: New York, American, Taipei, Taiwan, Ohio, China

And he declared the US as “all-in on Africa” as he finally made good on a two-year promise to visit sub-Saharan Africa. While on the trip, Biden did not substantively weigh in on the matter, only briefly telling reporters he would receive a briefing on the situation involving a key US ally. Biden announced that the US will invest an additional $560 million for projects along the Lobito corridor, from continued infrastructure upgrades to helping build mobile networks. “The United States understands how we invest in Africa is as important as how much we invest,” Biden said Tuesday. But the Biden administration is hoping the investments the US is making now will pay off for the people of Africa in the years to come.

Persons: Joe Biden grinned, Hunter, Biden, Yoon Suk, Donald Trump, Emmanuel Macron, Trump, ”, ” Biden, João Lourenço, Felix Tshisekedi, Hakainde Hichilema, Philip Mpango, “, picturing, Antonio, Alexandra, ” Alexandra, “ I’m, You’re Organizations: Angola CNN, US, Democratic, South, Trump, Notre Dame Cathedral, Electric, Africa, Angolan, US Development Finance Corporation, Initiative, National Museum of, Biden Locations: Luanda, Angola, America, Africa, Saharan Africa, Washington, Lago, Palm Beach , Florida, Notre, Zambia, Democratic Republic of Congo, Tanzania, Lobito, DRC, Durban, South Africa, China, Beijing, United States, Russia

☆ South Korea's short-lived martial law declaration rattled markets. Here's what's next for stocks
▼ + stars: | 2024-12-04 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

A visitor looks at screens at the Korea Exchange (KRX) headquarters in Seoul, South Korea, on Wednesday, Dec. 4, 2024. The political whiplash thrust South Korea, a key U.S. ally and critical link in international supply chains, into the global spotlight and rattled financial markets. U.S.-listed Korean equities fell sharply on Yoon's initial martial law order, while South Korea's won notched a fresh two-year low against the U.S. dollar on the news. "Martial law hasn't been introduced since 1979 and is seen as deeply negative. Investor sentiment could turn for the betterNot everyone was as downbeat on the market implications of South Korea's unfolding political drama.

Persons: Yoon Suk Yeol, Kim Byung, Yoon, Jonathan Garner, Morgan Stanley, CNBC's, Garner, Rory Green, South Korea's, Trinh Nguyen, hasn't, Nguyen, Thomas Mathews, Yoon Suk, Anthony Wallace Organizations: Korea Exchange, Bloomberg, Getty, South, National Assembly, South Korea's, U.S, Yonhap News Agency, Deutsche Bank, Tech, Samsung, Korea's, LG Energy, Hyundai Motor, TS Lombard, greenback, Bank of, Asia Pacific, Capital Economics, Afp Locations: Seoul, South Korea, North, Korea, U.S, Asia, China, Bank of Korea

☆ Netanyahu arrest warrant tests Western commitment to international law
▼ + stars: | 2024-12-04 | by ( Tim Lister | ) edition.cnn.com time to read: +8 min

CNN —The reach and credibility of international law is at its lowest in years as governments dismiss arrest warrants in some of the most high-profile cases to come before the International Criminal Court. Paris had fervently supported the Putin warrant, and reiterated its “longstanding commitment to supporting international justice” after the Netanyahu warrant was issued. The founding treaty of the ICC obliges the 124 signatory countries to arrest Netanyahu and Gallant, according to James Joseph, managing editor at Jurist News. The Biden administration’s criticism of the Israel warrants was as emphatic as its support for the Putin warrant. South Africa, an ICC member, ignored a warrant for the arrest of then-Sudanese leader Omar al-Bashir in 2015 when he visited.

Persons: Vladimir Putin, Benjamin Netanyahu, Yoav Gallant, Netanyahu, Israel, Paris, Putin, ”, Gallant, James Joseph, Josep Borrell, Germany demurred, Viktor Orban, Biden, Joe Biden, “, He’s, Milosevic, France’s, Fadi El Abdallah, Matthew Miller, Omar al, Bashir, Tom Cotton, Leah Millis, John Thune, Donald Trump, Mike Waltz, ” It’s Organizations: CNN, Criminal, Hamas, ICC, “, Amnesty, US State Department, National Security, Reuters, Republican, UN, ” Locations: Hague, Israel, “ States, Mongolia, Rome, Ireland, Canada, Netherlands, Germany, Argentina, Hungary, Hungarian, “ France, Lebanon, France, Russia, China, Africa, South Africa, Afghanistan

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