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☆ ‘Worst season ever’: How things got ugly on Santorini, Greece’s ‘Instagram island’
▼ + stars: | 2024-08-04 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +7 min

It’s even earned the nickname “Instagram Island” because of its perfectly saturated “no filter” splendor. When evening comes, however, the crowds melt away, and some complain the island goes from Times Square to ghost town. Visitor cap coming in 2025Santorini Mayor Nikos Zorzos has proposed a cap on cruise ship passengers, down to 8,000 a day. Cruise ship passengers are valued and much needed, as are those longer-stay visitors coming by boat or plane, but he says the feeling among locals is that something has to give. Currently, nearly two-thirds of cruise tourism in Greece takes place in Piraeus, Santorini and Mykonos, CLIA said.

Persons: CNN —, it’s, It’s, Nikos Zorzos, Kyriakos Mitsotakis, megaphones, Xavier Duvot, Hans Lucas, ” Gianluca Chimenti, “, ”, Christos Stylianides, Maria Deligianni, CLIA, Katie Haslam, Rob, we’d, ” Love Organizations: CNN, Fira, Bloomberg, Getty, CNN Travel, Cruise Lines International Association, “ Locations: Oia, Europe, Spain, Netherlands, Venice, AFP, Santorini, Greece, Mykonos, Piraeus, Rochdale, England

As Tropical Storm Debby churned through the Gulf of Mexico on Sunday, Lucia Trapani was securing patio furniture and offering refunds to people who had booked stays at the motel she manages on an island off Florida’s northwestern coast. Ms. Trapani had been through this before. Less than a year ago, as Hurricane Idalia approached, she shut off the water and electricity at the Sunset Isle RV Resort, where she worked at the time, and moved campers off the property. The Category 3 storm did so much damage to the resort that it still has not reopened. Storm surge of up to 10 feet was expected in some areas, andmandatory evacuation orders have been issued for parts of Levy County, including Cedar Key, as well as Franklin and Citrus Counties.

Persons: Debby, Lucia Trapani, Trapani, Idalia, Brooke Matthews — Locations: Gulf of Mexico, Cedar, Levy County, Franklin, Citrus Counties

☆ Tropical Storm Debby moving through Gulf toward Florida
▼ + stars: | 2024-08-03 | by ( ) www.cnbc.com time to read: +7 min

Marc Serota for ReutersA tropical depression strengthened into Tropical Storm Debby north of Cuba on Saturday and was predicted to become a hurricane as it moves through the Gulf of Mexico on a collision course with the Florida coast. A hurricane warning was in effect for sections of the state's coast with tropical storm warnings for the Florida Keys. Debby is the fourth named storm of the 2024 Atlantic hurricane season after Tropical Storm Alberto, Hurricane Beryl and Tropical Storm Chris, all of which formed in June. We're doing everything that we need to be prepared to face a tropical storm," Tampa Mayor Jane Castor said. "We've been in Florida our whole lives, in South Florida, so hurricanes are not really a big, big thing," Silverman said.

Persons: Hurricane Michelle, Marc Serota, Debby, Tropical Storm Alberto, Hurricane, Chris, Michael Brennan, Mike Prendergast, Idalia, Prendergast, Debbie, Flood, Ron DeSantis, Brian Kemp, We've, Jane Castor, Christina Lothrop, Lothrop, Betti Silverman, Debby didn't, Silverman, Marianne Brinson, Crews Organizations: Continental, Cuba, Reuters, Tropical, National Hurricane Center, Florida Keys, Florida, Florida Panhandle, Florida's, Hurricane Center, Key, National Guard, Georgia Gov, House, FEMA, Tampa, Associated Press, Workers, Tampa Bay Times, Sunshine State Locations: Continental United States, Hurricane, Key West , Florida, South Florida, Cuba, Gulf of Mexico, Florida, Tampa, Bahamas, Florida's Gulf Coast, Miami, Bend, Coast, Florida's West Coast, Georgia , South Carolina, Jacksonville , Florida, Georgia, South Carolina, North Carolina, United States, Gulf, Hernando Beach, Crystal, Steinhatchee, Citrus, Levy, Hernando , Manatee, Pasco, Taylor, Citrus County, St . Petersburg, Silverman's, Idalia, Pinellas, Tallahassee

☆ Tropical Storm Debby: Storm making its way towards Florida coast is expected to strengthen
▼ + stars: | 2024-08-03 | by ( Nouran Salahieh | Mary Gilbert | ) edition.cnn.com time to read: +5 min

CNN —A tropical depression making its way towards the Florida coast is expected to strengthen into Tropical Storm Debby Saturday before delivering heavy, flooding rainfall and dangerous storm surge to the state starting this weekend. The storm is expected to enter the eastern Gulf of Mexico on Saturday and become Tropical Storm Debby, according to the hurricane center. Tropical storm conditions could begin Saturday night in parts of southwest Florida. Tropical storm warnings are in effect for the Dry Tortugas and the west coast of the Florida peninsula from East Cape Sable to Boca Grande. Parts of the Florida Keys and parts of the Central Florida coast are also under a tropical storm watch, with officials urging residents there to prepare for tropical storm conditions within the next 48 hours.

Persons: Storm Debby, Ron DeSantis, “ Floridians, Santa Rosa –, “, Michael Brennan, It’s Organizations: CNN, Storm, Hurricane, Tropical, Florida, Fort, Sunshine State, Tampa metros, ” Hurricane, Weather, WPC, Carolinas, Florida Gulf Locations: Florida, Key, Cuba, Mexico, Bend, Gulf, East, Sable, Boca Grande, Suwannee, Central Florida, Fort Myers, Cape Coral, Tampa Bay, South Florida, Orlando, state’s, Escambia, Okaloosa, Santa, Miami, Georgia, Florida –, Florida Gulf Coast, Florida’s Big, Carolinas

☆ I used to spend over $1,000 on birthday parties for my kids. Now I let them organize their parties with a budget of $150 and it's more fun.
▼ + stars: | 2024-08-02 | by ( Jess Decourcy Hinds | ) www.businessinsider.com time to read: +4 min

Read previewWhen my older daughter turned 10, we held her birthday party at an arts and crafts center in the mall. Kid-led birthday parties allow kids to practice practical skills every step of the way, taking work off the parents' plates. There are different expectations with park parties because people can bring potluck dishes. My kids decorated the gift bags for the park party — a wonderful rainy Sunday afternoon activity. The bunny paper crafts, purchased online for $10, kept the kids just as busy as the mall art center projects.

Persons: —, goody Organizations: Service, Business

☆ How Does Your State Make Electricity?
▼ + stars: | 2024-08-02 | by ( Nadja Popovich | ) www.nytimes.com time to read: +58 min

Wind turbines provided just 1 percent of the electricity produced in the state in 2001 and nearly 60 percent last year. How Kentucky made electricity from 2001 to 2023 Percentage of power produced from each energy sourceCoal still generates the majority of the electricity produced in Kentucky, a longtime coal mining state. Since then, virtually all of the electricity produced in the state has come from renewable sources, including hydropower, biomass, wind and solar. It has supplied more than 85 percent of the electricity produced in the state every year for more than two decades. Last year, wind supplied more than a fifth of the electricity produced in the state.

☆ London's hedge fund rich are looking to avoid new taxes by relocating to Milan and Dubai. People who have made the move tell us what it's like.
▼ + stars: | 2024-07-31 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +9 min

AdvertisementSeveral cities have been trying to take advantage of the new policy, including Dubai, Milan, and more. A recently relocated hedge fund manager in Milan is planning to visit London or New York six or seven times a year going forward. "The best type of knowledge comes from people, from frequent interaction with people," said a Milan-based hedge fund manager. Several people — based in spots such as Dubai, Milan, and Zurich — mentioned that people early in their careers should still prioritize working in the biggest cities though. Moving to the Middle East just to interact with fellow UK ex-pats doesn't add much diversification to a portfolio manager's life.

Persons: —, Julian Robertson, Muyshondt, Elena Partners, Steve Cohen's Point72, Sebastian Dickgiesser, Girish Chouhan, aren't, COVID, I'm, Alfonso Peccatiello, he's, Darren Wolf, abrdn, It's, Wolf, Zoom Organizations: Service, Tyrian Investments, Business, Labour, Henley & Partners, United Arab, Eisler Capital, Capstone Investment Advisors, Getty, London, Investors, —, pats Locations: New York, Cascais, Portugal, Lisbon, London, Florida, Hong Kong, Dubai, Milan, China, United Arab Emirates, Italy, Point72, Girish Chouhan Dubai, Abu Dhabi, India, East, Europe, Madrid, Zurich, Amsterdam, Netherlands, Brera, —, Milan's Brera, UAE

☆ Ilona Maher, Frederick Richard and other viral Olympians winning medals and hearts
▼ + stars: | 2024-07-31 | by ( Scottie Andrew | ) edition.cnn.com time to read: +10 min

Ilona MaherIlona Maher competes in rugby sevens on July 28 at the Paris Olympics. Frederick ‘Fred’ RichardFrederick Richard competes on the high bar during the men's artistic gymnastics team final on day three of the Paris Olympic Games. Jamie Squire/Getty ImagesTeam: USASport: Men’s gymnasticsIt’s a bird, it’s a plane, it’s — Stephen Nederoscik! And for good reason: He’s the only American gymnast who’s made the Olympic team as a single-event athlete. Kim YejiKim Yeji shoots during the Women's 10m Air Pistol Final on day two of the Paris Olympic Games.

Persons: CNN —, Simone Biles, Sha’Carri Richardson, Katie Ledecky, Ilona Maher Ilona Maher, Hugo Pfeiffer, she’d, Ilona Maher, she’s, Maher, didn’t, ”, Frederick ‘ Fred ’ Richard Frederick Richard, Jamie Squire, Fred Richard’s, Richard, he’s, Stephen Nederoscik Stephen Nedoroscik, it’s, Stephen Nederoscik, Clark Kent, Nederoscik, who’s, Team USA’s Clark Kent, sweated, Games ’, Tyler, Xi, Wang He, Tyler Downs, He’s, he’ll, Greg Duncan, Kim Yeji Kim Yeji, Charles McQuillan, Kim Yeji, Kim, Oh Ye, Jin, ” Kim, Henrik Christiansen, Henrik Christiansen’s, Christiansen, They’ve, flails, Will Christiansen, Daniella Ramirez, Andrew Kelly, It’s, Ramirez, LeBron James, Coco Gauff, James, Gauff, George Washington, Erik Shoji, Shoji, ” Tara Davis, Tara Davis, Woodhall, Davis, Hunter Woodhall Organizations: CNN, Summer, Paris Olympics, USA, Paris Games, Olympics, BMI, US women’s rugby, Paris Olympic, Getty, Team USA, Olympic Games, Team, Games, Apple, Eiffel, USA’s, Paris Olympic Games, South Korea, Associated Press, Reuters, Woodhall Locations: Paris, Xi An, China, Seine, He’s, Norway, Delaware, Rio, Pisa, “

☆ Why Trump shouldn't be president, according to Elon Musk's old tweets
▼ + stars: | 2024-07-23 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

But the mercurial billionaire was once a skeptic — and very vocal about why he thought Trump shouldn't govern the US. Back in July 2022, Musk criticized Trump after the former president called him a "bullshit artist" during a rally in Alaska. Musk later said in a follow-up post the same day that having Trump as president would result in "too much drama." Musk would go on to host DeSantis' campaign launch on X in May 2023, which was riddled with technical glitches and delays. The pair got closer this year, eventually culminating in a full-throated endorsement of Trump from Musk after Trump survived a failed assassination attempt on July 13.

Persons: —, Elon, Donald Trump's, Trump, Musk, Ron DeSantis, DeSantis, Reid Hoffman, Vinod Khosla, Vance, Vinod, Vance LFG, Jordan Peterson, it's, we've, @jordanbpeterson Organizations: Service, Business, Trump, Gov, Biden, Musk, Democratic Party, Republican Party, BI Locations: Alaska, Florida, United States of America, Gigafactory Texas

☆ The Mirage closes in Las Vegas to make way for Hard Rock Guitar Hotel
▼ + stars: | 2024-07-17 | by ( Contessa Brewer | ) www.cnbc.com time to read: +5 min

Hard Rock International (HRI) will close the resort on July 17, 2024, to begin a construction project to transform the property into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas by 2027. Hard Rock International (HRI) will close the resort on July 17, 2024, to begin a construction project to transform the property into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas by 2027. Rendering of proposed future Guitar-shaped hotel tower at the Hard Rock Hotel &Casino Las Vegas. Credit: Renderings courtesy of Hard Rock InternationalHard Rock will model its Las Vegas renovation on its highly successful Guitar Hotel at Seminole Hard Rock Hollywood in South Florida. Rendering of proposed future Guitar-shaped hotel tower at the Hard Rock Hotel &Casino Las Vegas.

Persons: Jim Allen, CNBC he's, Steve, Elaine Wynn, Allen, Ethan Miller, Steve Wynn, Wynn, hearken, Michelangelo's David, Joe Stauff, Stauff Organizations: Rock, CNBC, Casino, Hotel, Getty, Las Vegas, Paris Las Vegas, Eiffel, MGM Resorts, VICI, Las, Sunshine, Susquehanna, MGM, Caesars, MGM Resorts International Locations: Las Vegas, Las Vegas , Nevada, Vegas, America, Luxor, New York, Paris, Florida, Atlantic City , New Jersey ; New York, Seminole, Casino Las Vegas ., South Florida

☆ These are America's 10 best states for buying and selling a home in 2024, with a big caveat at No. 1
▼ + stars: | 2024-07-16 | by ( Scott Cohn | ) www.cnbc.com time to read: +8 min

CNBC considers the housing market as part of the Economy category in America's Top States for Business, the annual rankings of all 50 states. We consider price appreciation and seller gains, as well as affordability, inventory, and housing starts. Still, price appreciation remains healthy. That price appreciation may be bringing more construction activity, which is one reason inventory levels are rising. 1 (Top States Grade: A+) Appreciation: 6.85% Inventory (July): 4 months Affordability score: 0.44 Effective property tax rate: 0.76% Median sales price: $420,100

Persons: Indiana homebuyers, Elijah Nouvelage, Tennessee Cynthia Holzapfel, Cynthia Holzapfel, Kevin Wurm, Roger Kisby, Allison Joyce, Sellers, Sam Wolfe, Jakub Porzycki Organizations: CNBC, Business, Istock, Getty, Indiana, Hoosier State, Bloomberg, Washington Post, Volunteer State, Southern Highlands, ., State, North Carolina Workers, Arizona, South Carolina Homes, Palmetto State, Nurphoto Locations: States, Delaware, Brookside Delaware, Indiana, Midwest, USA, Georgia, Atlanta , Georgia, U.S, Peach, Summertown , Tennessee, Nevada, Las Vegas , Nevada, . New Jersey New Jersey, Barnegat, , New Jersey, Illinois, Lillington , North Carolina, Alabama, Yuma , Arizona, Summerville , South Carolina, Palmetto, Florida, Duval, Key West, United States

Villagers watch the sunset over a small lagoon near the village of Tangintebu on South Tarawa in the central Pacific island nation of Kiribati May 25, 2013. CHINESE INTEREST AS WESTERN BANKS EXIT"The proposed World Bank project is a creative way of addressing the challenge of de-risking and small scale in Pacific Island countries," said Lalita Moorty, the World Bank's East Asia and Pacific director for prosperity. Without access to overseas banks, Pacific countries would struggle to receive remittances - a key component of their economies - welcome holidaymakers or trade with the wider world. "It can create instability for the financial system," said Denton Rarawa, senior economics adviser at the Pacific Islands Forum. "What we're saying is that if you're not going to address concerns and issues we have, Pacific countries will start looking elsewhere for support."

Persons: David Gray, Solomon, Lalita Moorty, Denton Rarawa, Mark Brown, Janet Yellen, Ariff Ali, Lewis Jackson, Lucy Craymer, Ziyi Tang, William Mallard Organizations: REUTERS, Villagers, WELLINGTON, Bank, U.S, Pacific Islands, World Bank, Pacific, ANZ Bank, Westpac, Bendigo Bank, Bank of China, Reuters, Cook, U.S . Treasury, Federal Reserve, Reserve Bank of Fiji, Thomson Locations: Tangintebu, South, Pacific, Kiribati, SYDNEY, Australia, China, Washington, Nauru, Solomon Islands, Taiwan, Beijing, U.S, East Asia, Papua New Guinea, Vanuatu, Tonga, Samoa, Brisbane, Pacific Islands, Sydney, Wellington

☆ A James Webb Telescope scientist explains what it's like to create the most beautiful space images of our time
▼ + stars: | 2024-07-12 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +6 min

Read previewTwo years ago today, NASA unveiled the first full-color space images captured by the James Webb Space Telescope. Webb's raw telescope images can look like empty black boxes when they first beam back to Earth. NASA/ESA/CSA/STScIDePasquale is a principal science visuals developer at the Space Telescope Science Institute. He processed some of the very first Webb images that the public got to see. They're able to resolve very small details in these really distant objects," like the Tarantula Nebula, DePasquale told Business Insider.

Persons: —, James Webb, Joe DePasquale, DePasquale, Webb, David Higginbotham, Webb peered, Joseph DePasquale, Anton M, Alyssa Pagan Organizations: Service, NASA, James Webb Space, Business, JWST, ESA, CSA, Telescope Science, Hubble

Mark Rutte rode off into the sunset on his bicycle last week, making a carefully choreographed exit from Dutch politics, which he has dominated as prime minister for nearly 14 years. Mr. Rutte, known as a flexible pragmatist, will bring his experience at conciliation to the 32-nation military alliance when he takes over as secretary general from Jens Stoltenberg on Oct. 1. Beyond that challenge, NATO faces a Russian government forging stronger ties with China and Iran, even as Beijing tries to dominate Asia and Tehran expands its nuclear program. Leading member states like France and Germany are dealing with the empowerment of far-right parties with clear sympathies for Moscow. And there are new demands to spend more money on the military.

Persons: Mark Rutte, Rutte, Jens Stoltenberg Organizations: NATO, Soviet Union, Ukraine, Russia’s Locations: Europe, Washington, China, Iran, Beijing, Asia, Tehran, France, Germany, Moscow, Hungary, Turkey

☆ Why we are hard-wired to feel 'sunshine guilt' — and what you can do to manage it
▼ + stars: | 2024-07-08 | by ( Nandini Maharaj | ) www.businessinsider.com time to read: +6 min

Read previewEven if you don't live somewhere known for breaking rainfall records, you've probably seen the effects of "sunshine guilt," as it's called on TikTok. Sunshine guilt is when you feel anxious or guilty about staying inside and not enjoying a sunny day to the fullest. Since you don't know when you'll have another opportunity to enjoy the weather, sunshine guilt is considered a form of FOMO (fear of missing out), she added. Unlike summer-pattern SAD, sunshine guilt is "not a medical condition and does not typically cause severe mood disturbances or functional impairments," Hafeez said. AdvertisementWhat can you do to manage sunshine guilt?

Persons: —, you've, Patrice Le Goy, Sanam, Le Goy, Hafeez, Nandini Maharaj Organizations: Service, Business, Mental Health America

☆ The ultrawealthy can take loans to save millions on estate taxes. Here's the exclusive tactic they deploy to protect their inheritance.
▼ + stars: | 2024-07-05 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +7 min

Currently, a 40% federal estate tax applies to estate values topping $13.61 million for individuals and $27.22 million for married couples. When someone dies, their heirs have nine months to file a federal estate tax return if their inheritance meets those minimums. Here's how a Graegin loan could work in practice, according to Doyle:Related storiesHeirs of a $10 million estate could be on the hook for $4 million in federal estate taxes. The taxable estate is $1 million less, which means the family will save $400,000 in estate taxes considering the 40% tax rate. More households will be on the hook for estate taxes, and loans to pay them could become more popular.

Persons: —, Sam, Jere Doyle, Jose Reynoso, Doyle, Eric Mann, Neal Gerber Eisenberg, overallocated, Mann, John F, Koons, Robert Strauss, Weinstock Manion, Strauss, haven't Organizations: Service, Business, Mellon Wealth Management, Clarfeld, Wealth, IRS, Pepsi, Republican

☆ The Week After the Debate
▼ + stars: | 2024-07-01 | by ( David Leonhardt | ) www.nytimes.com time to read: +1 min

Whatever its ultimate effect on the campaign, the first presidential debate of 2024 certainly did not cast the United States in a favorable light. It featured two elderly men — one 81, one 78 — who insulted each other and who most Americans wished were not the two major-party candidates for president. The other struggled at times to describe his own policies or complete his sentences. “I am worried about the image projected to the outside world,” Sergey Radchenko, a historian at the Johns Hopkins School of Advanced International Studies, wrote on social media. “It’s important to manage one’s ride into the sunset,” Sikorski tweeted.

Persons: doddering, Sergey Radchenko, ” Radoslaw Sikorski, Biden’s, Marcus Aurelius ’, ” Sikorski Organizations: Johns Hopkins School, International Locations: United States, U.S, China, Russia, Iran, “, Rome

☆ Goodyear, Arizona to Fort Myers, Florida: 10 fastest-growing retirement hot spots in America, according to a new study
▼ + stars: | 2024-06-29 | by ( Celia Fernandez | ) www.cnbc.com time to read: 1 min

When Americans think about where to retire, they're pretty likely to think about Florida and a June GOBankingRates study of the fastest-growing retirement hot spots around the U.S. shows just that. Four of the top 10 retirement hot spots ranked in the study are in Florida. The Sunshine State also landed 12 spots on the top 50 list. To determing the ranking, GOBankingRates looked at every city in the U.S. that met the following criteria: had at least 7,500 people aged 65+ living in the area as of 2022 and a 65+ population above the national average of 16.5%. All data used in the study was sourced from the 2022, 2021, and 2017 American Community Surveys conducted by the U.S. Census Bureau.

Persons: GOBankingRates Organizations: The Sunshine State, U.S . Census Locations: Florida, U.S

☆ 14 celebs who moved to Florida and why they love it there
▼ + stars: | 2024-06-29 | by ( Jason Guerrasio | Jordan Pandy | ) www.businessinsider.com time to read: +1 min

Wealthy buyers and celebrities are increasingly choosing Florida for its tax benefits and weather. Athletes like Tom Brady and stars like Scott Baio are establishing themselves in the Sunshine State. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Superstar athlete Lionel Messi, for instance, made his way to Florida after leaving Barcelona. Actors like Sylvester Stallone, one of the many Hollywood stars who've left California, also opted to make Florida his new home base.

Persons: Tom Brady, Scott Baio, —, Lionel Messi, Sylvester Stallone, who've Organizations: Sunshine State, Service, Barcelona, Hollywood, Business Locations: Florida, California

Rights groups are furious the Taliban meeting is going ahead without Afghan women, and say it legitimizes Afghanistan’s leaders and fails to hold them to account for grave injustices. Whatever we had, we spent it,” Arzo’s brother Ahamad, a 27-year-old journalist under threat from the Taliban due to his occupation, told CNN in November. Arzo told CNN what drove her suicide attempt. Pakistan’s policy on “illegal foreigners” is no different to that of other nations, Pakistani Ministry of Foreign Affairs spokeswoman Mumtaz Zahra Baloch told CNN. CNNArzo doesn’t want a life like that for herself, her sister, or the women and girls still in Afghanistan.

Persons: ”, Arzo, Javed Iqbal, ” Richard Bennett, Zabihullah Mujahid, “, Richard Bennett, weren’t, – they’ll, They’re, Mahsa, Ahamad, Doctors, Arzo’s, CNN Arzo hadn’t, ” Mahsa, they’ve, can’t, Moniza Kakar, Rain, Kakar, Abbas, Mumtaz Zahra Baloch, Baloch, hadn’t, ” Amanullah, He’s, Amanullah, he’s, CNN Arzo, Heather Barr, ” Barr, “ It’s, Bennett, she’ll, “ I’m Organizations: CNN, Lifeline, International Association for Suicide Prevention, Befrienders Worldwide, Pakistan CNN —, United Nations, Human Rights, UN, Security, “ ACC ”, Afghan, ACC, Pakistani Ministry of Foreign, “, Taliban, Human Rights Watch, International Court of Justice, Criminal Court, ICC Locations: Karachi, Pakistan, Pakistani, Afghanistan, CNN Pakistan, Doha, Qatar, Afghan, Kabul, Islamabad, –, Soviet, ”, Canada, Israel, Gaza

The debate between Donald J. Trump and President Biden had analysts in Asia fretting. During Thursday night’s debate, President Biden told former President Donald J. Trump that the United States is the “envy of the world.”After watching their performance, many of America’s friends might beg to differ. In Europe and Asia, the back-and-forth between the blustering Mr. Trump and the faltering Mr. Biden set analysts fretting — and not just about who might win the election in November. Image Mr. Biden leaving the debate stage. Kasit Piromya, Thailand’s foreign minister from 2008 to 2011 and a former ambassador to the United States, lamented the state of American politics.

Persons: Donald J, Trump, Biden, ”, fretting —, ” Simon Canning, ” Sergey Radchenko, Vladimir Putin, Xi Jinping, “, Putin, “ I’ve, Mr, Kenny Holston, François Heisbourg, Trump’s, “ I’m, Heisbourg, Radoslaw Sikorski, Marcus Aurelius, Commodus, Sikorski, Joe Biden’s, Donald Trump, Joe Biden, Daniela Schwarzer, Bogdan Butkevych, “ Trump, Chan Heng Chee, Ms, Chan, Lee Byong, ’ ”, Koichi Nakano, Haiyun Jiang, Narendra Modi, Tara Kartha, —, Shen Dingli, don’t, Kasit, Damien Cave, Lee Wee, Choe Sang, Vivian Wang, Camille Elemia, Mujib Mashal, Ségolène Le Stradic, Marc Santora Organizations: Johns Hopkins School, International Studies, —, Mr, Russia, New York Times, Trump, Bertelsmann Foundation, Washington , D.C, Credit, Kremlin, Kyiv Independent, Biden unnerves, Institute for Far Eastern, Kyungnam University, Sophia University, The New York Times, Washington, National Security Council of, ”, Weibo Locations: Asia, Australian, United States, Europe, Australia, Washington, Russia, China, North Korea, Ukraine, Lebanon, Iran, Israel, Japan, South Korea, Gaza, Jerusalem, France, Washington ,, American, Ukrainian, North, Seoul, “, United, Tokyo, The New York Times India, National Security Council of India, New Delhi, Beijing, India, Communist, Shanghai, U.S, Southeast Asia

☆ Financial crimes watchdog removes Turkey from money laundering 'gray list'
▼ + stars: | 2024-06-28 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

As the sunsets, a ferry boat glides across the waters of the Golden Horn with the Suleymaniye Mosque and the city of Istanbul, Turkey in the background. The Financial Action Task Force, an international watchdog organization dedicated to combating money laundering and illicit cash flows, on Friday removed Turkey from its "gray list" of countries that need special monitoring, handing a major vote of confidence to the country in the midst of its economic turnaround efforts. It said that Turkey had strengthened the effectiveness of its AML/CFT regime to address "deficiencies" that FATF listed in its October 2021 monitoring report. Those deficiencies included FATF concerns over unregistered money transfer services, insufficient resources dedicated to terrorist financing investigations, alleged involvement in sanctions evasion, lack of oversight on high-risk sectors used for money laundering such as banking and real estate, and insufficient oversight of nonprofit organizations that could be used for terrorist financing, among others. The FATF in its 2021 report had found sectors like banking, construction and property in Turkey vulnerable to illicit financing of United Nations-sanctioned groups like the Islamic State and al-Qaeda.

Organizations: Force, United Nations Locations: Istanbul, Turkey, Paris, Islamic State

☆ 'Forget about Florida' and 6 other key pieces of real estate advice from Barbara Corcoran
▼ + stars: | 2024-06-28 | by ( Celia Fernandez | ) www.cnbc.com time to read: +6 min

Barbara Corcoran has been in the real estate industry for over 40 years. Barbara Corcoran has made quite a name for herself with more than 50 years in the real estate business. Over the years, Corcoran has shared key pieces of real estate advice on various topics, including the best places to buy a home, why young people should invest in real estate early, and more. Finally, "you want to make sure you make the key improvements in your kitchen," Corcoran said. "Ask them if they have any special discounts for good customers who have been banking with them for a while," Corcoran recommends.

Persons: Barbara Corcoran, Corcoran, Elvis Duran, There's, there's, Young, it's Organizations: Sunshine State, CNBC Locations: Florida, U.S, …, New York

“Hard to watch” is how multiple foreign diplomats described Thursday night’s debate between Biden and Trump to CNN. I had difficulties understanding what he was saying, and I understand English pretty well,” said a second European diplomat. Biden’s debate flop was front-page news across Europe, with left- and right-leaning newspapers excoriating the president – even in France, where the country has its own elections coming up this weekend. “There are many options that are discussed, but we don’t see, any that are self-evident,” the first European diplomat said. Moscow’s state TV station, Russia 1, lampooned Biden’s debate performance.

Persons: Joe Biden’s, Donald Trump, Trump, Biden, ”, “ Trump, “, –, Vladimir Putin, Putin, ” Trump, Radek Sikorski, “ Marcus Aurelius, Commudos, didn’t, Kamala, Harris, Trump’s, Volodymyr, Zelensky, Biden pilloried, Joe’Matosed ”, “ Biden, Biden’s, Emmanuel Macron’s, Ansa, Russia’s, Olga Skabeeva laughingly Organizations: CNN, Biden, NATO, Democratic Party, ”, “, strongmen, Arab, Financial Times, Sun, Guardian, Monde, TV Locations: Europe, East, Asia, European, Arab, Asian, France, Russia, Ukraine, Russian, Afghanistan, Polish, California, Israel, British, Atlanta, Greece’s, Italy, Puglia

☆ The world’s biggest capital cities are heating up – and Asia tops the charts
▼ + stars: | 2024-06-27 | by ( Lex Harvey | ) edition.cnn.com time to read: +6 min

Beijing Meteorological Observatory issued the first yellow alert for high temperatures in 2024, with the highest temperature in the city reaching 35 degrees Celsius. New Delhi topped the list of hottest cities, recording 4,222 days above 35 degrees Celsius in the past three decades – more than any other city analyzed. In 2018, Seoul saw 21 days over 35 degrees Celsius — more than the previous 10 years combined. Beijing’s number of days over 35 degrees has increased by 309% since 1994. In October 2023, Jakarta experienced 30 consecutive days over 35 degrees Celsius — more days than during the entire period between 1994 and 2003.

Persons: –, ”, Tucker Landesman, there’s, “ We’ve, Kalyani Saha, “, Anthony Wallace, CNN he’d, Sagar, Young, Parveen Kumar Organizations: Hong Kong CNN, International Institute for Environment, Development, Egypt’s, “, Palace Museum, Beijing Meteorological Observatory, CNN, Getty, NGO Centre, Health Development India, Hindustan Times, Dartmouth Locations: Hong Kong, Asia, Buenos Aires, Argentina, Paris, Egypt’s Cairo, Beijing, China, Southeast Asia, India, New Delhi, Delhi, Lajpat Nagar, South East Delhi, Seoul, AFP, Jakarta, South Korea, rehydrate, Gurugram

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