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☆ Things are looking up for the economy. So why are consumers still unhappy?
▼ + stars: | 2024-09-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, the economy is heading in the right direction, but consumers aren't buying it . Things seem to be going really well for the economy, right? Consumers aren't feeling bullish about the economy these days. Last time around, pesky inflation was keeping things like groceries and housing costs high, even as the rest of the economy showed improvement. China's stimulus plan to boost its ailing economy sent emerging markets indexes to their highest level since April 2022 .

Persons: —, Rebecca Zisser, We've, Insider's Juliana Kaplan, Spencer Platt, Getty, Tyler Le, We'll, Morgan, Mike Wilson, Steven Blitz, China's, aren't, Chelsea Jia Feng, weren't, Natalie Ammari, that's, Ron Sherman, Gen, Mark Zuckerberg, Dan DeFrancesco, Jack Sommers, Jordan Parker Erb, Amanda Yen Organizations: Service, Business, Federal Reserve, Conference Board, Fed, Chelsea, Spotify, Visa, US Justice Department, Prosecutors, Meta Locations: Austin , Texas, New York, London

☆ US troops deployed to Cyprus as fears of wider Middle East war intensify
▼ + stars: | 2024-09-25 | by ( Natasha Bertrand | Alex Marquardt | ) edition.cnn.com time to read: +3 min

The UK announced on Tuesday that it was sending 700 troops to Cyprus to prepare for a possible emergency evacuation of British citizens from Lebanon if one becomes necessary. The US State Department has also repeatedly warned US citizens to leave Lebanon while commercial travel options are still available. Secretary of State Antony Blinken said Wednesday that the US is “working tirelessly” on diplomatic efforts to prevent an “full-blown war” between Israel and Lebanon. A US official told CNN on Monday that “we are the closest we’ve been to spiraling to a regional war” since Hamas’ October 7 attack. Tehran has not intervened yet, but they will if they believe they are about to lose their most powerful proxy force, Hezbollah, the official added.

Persons: Pat Ryder, Yiannis Antoniou, ”, Keir Starmer, Israel, Antony Blinken, ” Blinken Organizations: CNN, Hezbollah, Pentagon, Reuters, British, US State Department, Ramat David, Wednesday, Israel Defense Forces, Gulf Cooperation Council, UN, Assembly Locations: Cyprus, Israel, Lebanon, Beirut, Ramat, Haifa, Tel Aviv, Gulf, New York, Iran, Tehran

☆ In this close election, these reshoring bets are likely to succeed no matter who becomes president
▼ + stars: | 2024-09-25 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

Trade will work regardless Yet, reshoring is the one macroeconomic trade that will work no matter who wins the White House, according to Societe Generale. Last year, there were 287,000 reshoring and foreign direct investment job announcements, the second-highest year on record, according to the Reshoring Initiative . "One trade that has worked under both of the last two administrations is our US Reshoring 'beneficiary' equities," Kabra wrote. The company provides industrial automation products and services. The industrial conglomerate has a hand in a range of industries, including industrial automation solutions and building automation.

Persons: Donald Trump, Trump, Kamala Harris, John Deere, Harris, Dan Levy, Manish Kabra, Kabra, reshoring, Morgan Stanley, Blake Moret, Jill Carey Hall, Michael Feinger, Feinger, Peter Matt Organizations: Barclays, Societe Generale, Science, Generale's, China, Reshoring, Trump, Packaging Corporation of America, Cummins, Rockwell Automation, Honeywell, Bank of America, Eaton, Steel Dynamics, United Rentals, Commercial Metals Locations: United States, Mexico, China, U.S, reshoring, Midwest

☆ Nikki Haley campaigners endorse Harris, as GOP former governor backs Trump
▼ + stars: | 2024-09-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Ambassador Nikki Haley announced that she would vote for former President Donald Trump during an event at the Hudson Institute on May 22, 2024 in Washington, DC. Several former state campaign committee members on Nikki Haley's failed presidential bid have endorsed Democratic nominee Kamala Harris — publicly breaking with Haley, who is backing GOP nominee Donald Trump. The same day, two former members of Haley's Michigan state leadership team also urged Republicans to support the Democratic ticket of Harris and Minnesota Gov. "That's why we proudly supported Ambassador Nikki Haley for president and were part of her Michigan Leadership Team." A spokeswoman for Haley did not immediately respond to CNBC's request for comment on her former campaigners endorsing Harris.

Persons: Nikki Haley, Donald Trump, Nikki Haley's, Kamala Harris —, Haley, Tom Evslin, Evslin, Hillary Clinton, Harris, Tim Walz, Jimmy Greene, Bill Nowling, Adam Kinzinger of, Greene, Nowling, Kamala Harris, Dawn Roberts, Roberts, Joe Biden, Biden Organizations: U.N, Hudson Institute, Democratic, Vermont Daily Chronicle, Trump, Minnesota Gov, Michigan Chronicle, Michigan Leadership, Republican, Denver, Republican Party ,, Des Moines Register, United Nations Locations: Washington ,, Haley's Vermont, Michigan, Harris, Adam Kinzinger of Illinois, Virginia, Republican Party , Michigan, Iowa, South Carolina

☆ The Israel-Hezbollah conflict could turn into a ground war, says CFR's Michael Froman
▼ + stars: | 2024-09-25 | 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 EmailThe Israel-Hezbollah conflict could turn into a ground war, says CFR's Michael FromanMichael Froman, Council on Foreign Relations president, joins 'Squawk Box' to discuss the state of Middle East conflict, President Biden's calls for a ceasefire in the Israel-Hamas war, whether the Israel-Hezbollah conflict will turn into a ground war, and more.

Persons: CFR's Michael Froman Michael Froman, Biden's Organizations: Foreign Relations Locations: Israel, Middle

CNN —New York City Mayor Eric Adams has been indicted on at least one federal criminal charge, multiple sources familiar with the matter tell CNN. The indictment follows a monthslong federal investigation into campaign fundraising violations and foreign influence. The mayor is expected to have several days to turn himself in, according to sources familiar with the case. New York City campaign finance records show Arkan donated $1,500. As part of their investigation, FBI agents seized Adams’ cell phones days after the raid on Suggs’ home.

Persons: Eric Adams, Adams, “, ” Adams, He’s, Edward Caban, Lisa Zornberg, Adams ’, Zornberg, David Banks, Brianna Suggs, Suggs, Erden Arkan, Arkan, Suggs ’, ”, Jumaane Williams Organizations: CNN, New, New York City, The New York Times, Mansion, City Hall, US, Southern, of, NYPD, Democratic Party, New York Police Department, KSK, FBI, Democratic, Turkish Locations: New York, New, of New York, America’s, City, Brooklyn, New York City, Manhattan, Adams ’, Turkish, Turkey, Üsküdar

☆ The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
▼ + stars: | 2024-09-25 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. But a strong yuan could hurt exports, a key pillar of China's economy, amid weak domestic demand. AdvertisementChina's massive stimulus package for its battered economy has boosted market sentiment and injected confidence into the Chinese yuan. This means $1 could buy fewer Chinese yuan. A strong yuan is bad for exportsEven though a strong yuan signals confidence in China's economy, analysts aren't sure the gains will hold.

Persons: —, Pan Gongsheng, Vishnu, Varathan, Larry Hu, Hu, aren't, Pan, Macquarie's Hu Organizations: People's Bank of China, Service, US Federal Reserve, Macquarie Group, Lombard, Bloomberg Locations: Asia, Japan, China, Beijing, Swiss, China's

☆ Biden finally seems comfortable talking about his age
▼ + stars: | 2024-09-25 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +4 min

Read previewAfter months of having to defend his age, President Joe Biden seems willing to discuss it — and its limitations — openly. Sitting for an interview on "The View" on Wednesday, he subtly acknowledged how age factored into his decision to drop out of the election. While Biden stopped short of pinning his decision on his age alone, he openly hinted at the toll being an 86-year-old president would have taken. At his State of the Union speech in March, Biden simultaneously joked about and worked hard to justify his age. When Whoopi Goldberg, one of the hosts, compared Trump to a bug, Biden slapped the table, miming killing the insect to raucous applause.

Persons: —, Joe Biden, Biden, Donald Trump, it's, he's, Robert Hur, Whoopi Goldberg, Trump, Kamala Harris Organizations: Service, Democratic, Business, Trump

☆ ‘Education of hatred’: Killing of Japanese boy sparks soul searching in China over rising nationalism
▼ + stars: | 2024-09-25 | by ( Cnn Staff | ) edition.cnn.com time to read: +9 min

It was the second knife attack on Japanese children and third assault on foreigners in China in recent months. “As a Chinese, I feel heartbroken, outraged and ashamed,” said a Shenzhen resident who laid a white rose outside the Japanese school following the boy’s death last Thursday. The killing has shaken the Japanese community in China, with some of Japan’s biggest companies offering to repatriate staff members and their families. Generations of Chinese grew up learning about the atrocities committed by Japanese soldiers in school textbooks and on state television. “There is no so-called Japan-hating education in China,” Foreign Ministry spokesperson Lin Jian said Monday.

Persons: ”, …, Xi Jinping, Lin Jian, “, influencers, WeChat, Kuaishou, Zhang, “ Little, ” Zhang, Yoko Kamikawa, Wang Yi, ” Kamikawa, Wang, Japan, I’m, I’ve Organizations: Hong Kong CNN, Authorities, Kyodo, East China, Japan, ” Foreign, Communist Party, CNN, Japan’s, Associated Press, Japanese Foreign Ministry, Chinese Foreign Ministry Locations: Hong Kong, China, Japan, Shenzhen, Beijing, East, United States, Tokyo, Yasukuni, China’s, Shanghai, New York, Guangzhou, ”, “

☆ Panda pair arrive to VIP welcome in Hong Kong, as Beijing marks 75 years of communist China
▼ + stars: | 2024-09-25 | by ( Chris Lau | ) edition.cnn.com time to read: +4 min

An An and Ke Ke, both five years old, are expected to land shortly after noon at Hong Kong International Airport, where they will be greeted with a welcoming ceremony. Ke Ke the panda in Chengdu, Sichuan province, China. Ke Ke is one of two two giant pandas due to arrive in Hong Kong. An An and Ke Ke arrive from a breeding center in mainland China’s Sichuan province. Ying Ying made headlines in August by giving birth to twins, making her the oldest known first-time panda mother.

Persons: Ke Ke, Ke, acclimatize, John Lee, Le, Ying Ying, ‘, “, ” Lee, Hong, hub’s, Kevin Yeung, ” Organizations: CNN, Communist Party, Hong Kong International Airport, Ocean, Elite, Staff, RTHK, China Daily, Reuters, city’s, Le Le, Hong, People’s Locations: Hong Kong, Chengdu, Sichuan province, China, Ocean, Sichuan, Hong, Beijing, People’s Republic of China

☆ Meta is bringing the voices of Judi Dench, John Cena and Keegan-Michael Key to AI chatbot
▼ + stars: | 2024-09-25 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —Facebook and Instagram users will now be able to talk to voices that sound a lot like John Cena and Judy Dench. Parent company Meta (META) announced Wednesday that it is adding voice conversations and celebrity voices to its artificial intelligence chatbot, Meta AI. Now, instead of simply messaging with the chatbot, users can have real-time conversations and can choose from a selection of computer-generated or celebrity voices. The company partnered with Cena and Dench, as well as actors Kristen Bell, Awkwafina and Keegan-Michael Key, to train the chatbot to replicate their voices. Previously, influencers could train AI to have text conversations with their followers; now, followers will be able to have full, quasi-video calls with the AI versions of influencers who use the tool.

Persons: John Cena, Judy Dench, Cena, Dench, Kristen Bell, Awkwafina, Michael Key, Mark Zuckerberg, it’s, OpenAI, Scarlett Johansson, Johansson, Zuckerberg Organizations: New, New York CNN, Facebook, Meta, Keegan, Meta Connect Locations: New York

☆ Korean adoptees say they were ‘commodified’ and governments ignored fraud, investigation finds
▼ + stars: | 2024-09-24 | by ( The Associated Press | ) www.nbcnews.com time to read: +7 min

“It showed the callous way in which children going to the US. At a hearing in 1977, a U.S. congressman asked why so many children were still coming from South Korea. But with hundreds of stories to verify in a single week, only a tiny fraction of adoptions were denied. How is that possible?” said Susan Jacobs, a retired State Department official who has worked on adoption reform efforts. Robert Ackerman, immigration attache at the U.S. Embassy in Seoul, told reporters in 1988 that he had heard allegations of birth mothers being bribed.

Persons: Patricia Nye, “, ” Nye, ”, Susan Jacobs, Laws, Homer Stark, ” Stark, David Will, ” Will, Stark, Donald Wells, “ I’ve, Robert Ackerman, Ackerman, ” Ackerman, Michelle Bernier, Toth, adoptees, Elizabeth Bartholet Organizations: Social Service, U.S, Embassy, University of Minnesota Libraries, ISS, State Department, State, United Press International Locations: Seoul, Asia, U.S, South Korea, Tokyo, Gwinnett County , Georgia, strollers, Georgia, United States, Europe, Hague, Korea

Propagandists in China, Iran and Russia are using artificial intelligence to create content designed to deceive Americans ahead of the November presidential election, federal intelligence officials said Monday. In a conference call about foreign election interference efforts organized by the Office of the Director of National Intelligence, officials said the U.S. intelligence community has concluded that AI has made it easier to create disinformation, but has not fundamentally changed the way those actors operate. “The IC considers AI a malign influence accelerant, not yet a revolutionary influence tool. In other words, information operations are the threat, and AI is an enabler,” said one ODNI official, referring to the U.S. intelligence community. Russia has a much more sophisticated understanding of American politics than Iran, the intelligence official said Monday.

Persons: ”, OpenAI, Trump’s, Trump, Donald Trump’s Organizations: National Intelligence, Western, National Security Agency, NSA, Microsoft, Clemson University, Trump, Democratic, Federal, Republican Locations: China, Iran, Russia, U.S, Ukraine

☆ Jus sanguinis - or ‘blood right’ - might entitle you to EU citizenship
▼ + stars: | 2024-09-24 | by ( Terry Ward | ) edition.cnn.com time to read: +13 min

Some countries are fairly straightforward about their requirements for citizenship through jus sanguinis. Hungary offers citizenship based on jus sanguinis with some caveats, too. “When both of my parents got their Hungarian citizenship around four years ago, it made it easier for me to get it,” said Koszorus, 41, who received his Hungarian citizenship this summer, less than a year after he started the paperwork and application process. And a private Facebook group called Dual US-Italian Citizenship has more than 70,000 members and is among many other resources available to people who think they might have a blood right path to Italian citizenship. Florida-based travel writer Terry Ward lives in Tampa and has the blood right to Italian citizenship through her paternal great-great-grandfather.

Persons: Lisa Wixon, jus solis, she’d, ”, Wixon, ’ ”, Sophie Jo Wasson, Fragomen, Czechia, Wasson, Frans Sellies, “, ” Wasson, Franco, Ferenc G, Koszorus, Koszorus That’s, Marco Permunian, Vittorio Emanuele II, Marco Bottigelli, Permunian, Janna Graber, ” Graber, Graber, Richard Orbidans, Orbidans, Drew Angerer, won’t, Terry Ward Organizations: CNN, New, European Union, “, Croatian, Getty, Irish, Department of Foreign Affairs, Nazi, First Armored Division, Citizenship Assistance, Vittorio, ICA, Facebook, Go, Latvian, Baltic, Visitors, Ellis, National Museum of Immigration Locations: New York City, United States, Rijeka, Croatia, Europe, Ireland, France, London, Italy, Spain, Austria, Poland, Romania, Hungary, Yugoslavia, Moher, Northern Ireland, Germany, Austrian, Spanish, American, Washington, DC, Hungarian, Nazi, West Germany, Milan, Italian, Baltic, Colorado, Riga, Latvia, Lithuanian, Lithuania, Ellis, European, Florida, Tampa

After more than five decades at the forefront of United States foreign policy, President Joe Biden may have hoped to use his speech to over a hundred world leaders at the United Nations General Assembly in New York to burnish both his own legacy and the country’s leadership on the world stage. But an escalation in what was already a major crisis in the Middle East means the world will be listening for short-term solutions on top of capstone remarks on how his presidency will be regarded by history. Senior administration officials acknowledge that Biden, both in his remarks to the General Assembly and in engagements with world leaders, must confront that reality as Israel carries out extensive military strikes across Lebanon that so far have killed hundreds, including children, according to the Lebanese health ministry. But “peace efforts” – in the Middle East with concerns about a full-scale war breaking out between Israel and Hezbollah in Lebanon, on top of the conflict in Gaza, but also Ukraine – will take center stage, these officials say, highlighting the increasing instability that’s emerged in the last year. Read the full story.

Persons: Joe Biden, Biden, ” Biden, ” –, Ukraine – Organizations: United, United Nations General Assembly, General Locations: United States, New York, Israel, Lebanon, Gaza, Ukraine

President Joe Biden will address the United Nations General Assembly for the final time as commander in chief Tuesday morning amid the spiraling conflict in the Middle East, Russia’s ongoing war in Ukraine and growing global concerns about China’s influence. They are also Biden’s first remarks before the General Assembly since Hamas’ attack on Israel in October and the conflict that has ensued in Gaza, killing thousands of civilians. He’ll speak to the leaders of other nations as hope for a cease-fire deal between Israel and Hamas has dimmed. As Israel continues its battle with Hamas, its conflict with Iran-backed Hezbollah has also escalated in recent days. Other key speakers expected at the General Assembly include Iran’s new president, Masoud Pezeshkian; Ukrainian President Volodymyr Zelenskyy; Palestinian Authority President Mahmoud Abbas; and Israeli Prime Minister Benjamin Netanyahu.

Persons: Joe Biden, Kamala Harris, Donald Trump, Israel, John Kirby, Biden, ” Kirby, Kirby, António Guterres, Masoud, Volodymyr Zelenskyy, Mahmoud Abbas, Benjamin Netanyahu, Sabrina Singh, ’, Antony Blinken, “, ” Biden, Trump Organizations: United Nations General Assembly, White, Hamas, National Security, U.N, United Nations, General Assembly, Palestinian, Defense Department, Foreign Ministry, Congressional Republicans Locations: Ukraine, Israel, Gaza, Iran, Lebanon, New York, Sudan, United States, U.S, Mexico, Ukrainian, Wilmington , Delaware, Australia, India, Japan, China, Afghanistan

Tens of thousands of people fled southern Lebanon on Tuesday as Israel intensified an aerial assault that inflicted the country's deadliest day since war nearly two decades ago, while Hezbollah launched a new barrage of cross-border fire. Nearly 500 people were killed in Lebanon on Monday, according to local health officials, marking the deadliest Israeli bombardment of the country since Israel's 34-day war with Hezbollah in 2006. Mahmoud Zayyat / AFP - Getty ImagesThe Israeli military had issued warnings for residents in southern and eastern Lebanon to evacuate certain areas, spurring thousands of people to flee their homes. Scenes of families fleeing southern Lebanon and of fiery explosions filling the skyline fueled global fears of an all-out regional conflict. However, in a briefing Monday, an Israeli military official said a halt in fire from Hezbollah would not be enough to end Israel’s strikes on Lebanon.

Persons: Fadel Itani, Mahmoud Zayyat, Josep Borrell, ”, EFE, Israel Organizations: Hezbollah, Getty Images, Getty, European Union, Reuters, Vehicles, Ibrahim Amro, Israel Defense Forces, Northern Arrows Locations: Lebanon, Israel, Iran, Beirut, AFP, Sidon, Monday, European, Ghazieh, Damour, Lebanese, Ibrahim, Gaza

☆ Biden proposes banning Chinese technology from ‘connected cars’ on U.S. roads
▼ + stars: | 2024-09-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

WASHINGTON — The U.S. Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due to national security concerns, a move that would effectively bar Chinese cars and trucks from the U.S. market. The planned regulation, first reported by Reuters, would also force American and other major automakers in years ahead to remove key Chinese software and hardware from vehicles in the United States. President Joe Biden’s administration has raised concerns about data collection by connected Chinese vehicles on U.S. drivers and infrastructure and potential foreign manipulation of vehicles connected to the internet and navigation systems. The proposed prohibitions would prevent testing of self-driving cars on U.S. roads by Chinese automakers and extend to vehicle software and hardware produced by Russia and could be extended to other U.S. adversaries. The group said there is “very little” connected vehicle hardware or software “that enters the U.S. from China.

Persons: WASHINGTON, Joe Biden’s, Jan, Gina Raimondo, We’re, ”, Liz Cannon, Jake Sullivan, ” Sullivan, Lin Jian, Washington “ Organizations: The U.S . Commerce Department, Reuters, White House, The Commerce Department, U.S . Commerce, Commerce Department, Motors, Ford Motor, U.S, The, White, National, Foreign Ministry, Alliance, Automotive Innovation, GM, Toyota, Volkswagen, Hyundai Locations: The U.S, U.S, United States, Russia, China

☆ A new US missile system that showed up in the Pacific this year keeps making China more and more unhappy
▼ + stars: | 2024-09-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

The US military deployed its Mid-Range Capability, or Typhon, missile system to the Philippines in April, and US military officials have expressed interest in deploying it in Japan. The MRC is a versatile new ground-based missile system that is capable of firing the Standard Missile 6 (SM-6) and Tomahawk Land Attack Missile System. The US military deployed the missile system overseas for the first time in April, putting it in the Philippines amid a joint exercise between the two militaries. AdvertisementWhile the new weapon wasn't fired during the exercise, its presence in the region irked China, which demanded the system be removed. Russia is said to have violated the Cold War-era arms-control pact by developing and fielding the SSC-8/9M729 missile system.

Persons: —, wasn't, Zachary Anderson, Enrique Manalo, Wang Yi, Manalo, Lin Jian, Army Christine Warmouth, Lin, Robert S, Price, Trump, Vladimir Putin's Organizations: Service, Business, MRC, Missile, US Army, US Army Pacific, US Navy, Zachary Anderson Philippine Foreign, Association of Southeast, Nations, Defense, Army, ., Navy, US, Nuclear Forces Treaty, NATO Locations: China, Beijing, Philippines, Japan, Zachary Anderson Philippine, Laos, Pacific, Russia, Moscow, Europe, Ukraine

☆ Biden speaks at the United Nations General Assembly in New York
▼ + stars: | 2024-09-24 | 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 EmailBiden speaks at the United Nations General Assembly in New YorkPresident Joe Biden addresses the United Nations General Assembly for the final time in his presidency, with a speech that will attempt to tout his administration’s foreign policy achievements against a backdrop of ongoing wars in the Middle East, Ukraine and Sudan.

Persons: Biden, Joe Biden Organizations: United Nations General Assembly Locations: New York, East, Ukraine, Sudan

“We are the closest we’ve been to spiraling to a regional war” since Hamas’ October 7 attack, one of the officials said. The US assesses that neither Israel nor Hezbollah are interested in a full-scale war, officials said. On Monday, Nasser Kanaani, a spokesman for Iran’s foreign ministry, warned of “dangerous consequences” following Israel’s strikes. Israel has told the US that a full-scale war is not the intent of its strikes, according to an Israeli official. The goal is a diplomatic solution through escalation, the Israeli official said.

Persons: “, Israel, Nasser Kanaani, “ They’ve, Joe Biden’s, ” “, Daniel Hagari, Hagari, ” Hagari, Hassan Nasrallah, Ismail Haniyeh, Masoud Pezeshkian, “ Ismail Haniyeh, ” Pezeshkian, “ Israel Organizations: CNN, Ramat David, State Department, UN, Assembly, Pentagon, General Assembly, Hamas, Israel Defense Forces, Hezbollah Locations: Israel, Lebanon, East, Beirut, Ramat, Haifa, Iran, Tehran, New York, “, Gaza

☆ Watch: Biden speaks at the United Nations General Assembly in New York
▼ + stars: | 2024-09-24 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 10:00 a.m. Please refresh the page if you do not see a player above at that time.] President Joe Biden addresses the United Nations General Assembly for the final time in his presidency, with a speech that will attempt to tout his administration's foreign policy achievements against a backdrop of ongoing wars in the Middle East, Ukraine and Sudan. Vice President Kamala Harris, the Democratic nominee, and her Republican opponent, former President Donald Trump, are also set to meet with foreign leaders visiting the U.S. for the U.N. events this week.

Persons: Joe Biden, Kamala Harris, Donald Trump Organizations: United Nations General Assembly, Democratic, Republican Locations: East, Ukraine, Sudan

☆ Russia says it's the bigger person for not cutting Europe's natural gas supply — but that's not all there is to it
▼ + stars: | 2024-09-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

But Moscow doesn't appear ready to acknowledge that it's not in a financial position to cut Europe off from its natural gas exports completely. Russia's oil and gas revenues hit 8.82 trillion rubles, or $94.6 billion, in 2023. That's 24% lower than the 11.6 trillion rubles it recorded in 2022, when revenues jumped due to oil price volatility. In 2021, Russia's oil and gas sales revenue stood at 9 trillion rubles. To be sure, other geopolitical factors could also be playing into Russia's decision to keep natural gas exports moving into Europe.

Persons: —, it's, Sergey Lavrov, Lavrov, It's, There's, Naftogaz Organizations: Service, Sky News Arabia, Russian, Business, West, P, Oxford Institute for Energy Studies, Bloomberg Locations: Moscow, Russia, Europe, United States, Ukraine, Nord, Ukraine's

☆ Michael Kovrig: Canadian held for more than 1,000 days describes ‘psychological’ torture in Chinese detention
▼ + stars: | 2024-09-24 | by ( Lex Harvey | ) edition.cnn.com time to read: +4 min

Kovrig and Spavor were only freed after US prosecutors dropped the extradition request and agreed to release Meng, nearly two years later. Chinese officials did not publicly disclose any evidence against Spavor or Kovrig, or detailed information relating to their trials, which were held behind closed doors. Michael Kovrig embraces his separated wife Vina Nadjibulla after arriving at Pearson International Airport in Toronto, on September 25, 2021. You are going to be interrogated,’” Kovrig said. After six months, Kovrig said he was moved to a larger cell with plexiglass windows, which he shared with a dozen cellmates.

Persons: Hong Kong CNN — Michael Kovrig, Michaels, ” Kovrig, Michael Spavor, Kovrig, “, ‘ That’s, ’ ”, Meng Wanzhou, Meng, Michael Kovrig, Vina Nadjibulla, Frank Gunn, ’ ” Kovrig, “ I’ll Organizations: Hong Kong CNN, CBC News, International, Group, Huawei, Pearson International Airport, “, CNN, China’s Ministry of Foreign Affairs Locations: Hong Kong, China, Beijing, Ottawa, Canadian, North Korea, Vancouver, Toronto

☆ Here’s how Trump says he’ll help US businesses through tariffs and taxes
▼ + stars: | 2024-09-24 | by ( Tami Luhby | Katie Lobosco | ) edition.cnn.com time to read: +9 min

Trump’s promised business tax cuts come alongside his suite of targeted tax relief for individuals, a list that continues to grow. Trump used tariffs, in part, to help boost American manufacturing. Reducing the corporate tax rateTrump has long wanted to reduce the corporate tax rate to below 21%. It will force owners of successful companies to sell their businesses to raise the cash to pay the tax, Trump said. Notably, the tax cut law temporarily created a special deduction for the owners of certain pass-through entities who pay business taxes on their individual tax returns.

Persons: Donald Trump, we’re, ” Trump, Trump, Kamala Harris, Joe Biden’s, Trump’s, ” John Murphy, Biden, ”, John Gimigliano, “, Harris, CNN’s Kate Sullivan Organizations: CNN, Trump, Democratic, Social Security, Republicans, Tax Foundation, China Business, Federal Reserve, US Chamber of Commerce, Economic, of New, KPMG Locations: Savannah , Georgia, America, Mexico, United States, American, of New York, Savannah

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