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Apollo's Scott Kleinman warned of a "dry spell" for investors as deals from a friendlier era unwind. Managers must adjust financial projections from deals done in the zero-interest rate era. AdvertisementA leading private equity executive just warned that investors are in for a "pretty dry spell for a few years." "I'm here to tell you everything is not going to be OK," Scott Kleinman, the co-president of Apollo Global Management, said at a session during Berlin's SuperReturn International conference on Wednesday. Managers have to adjust their financial projections for deals struck in the looser world of zero interest rates, when financing was cheap and consumers spent more.
Persons: Apollo's Scott Kleinman, , Scott Kleinman, Berlin's Organizations: Investors, Service, Apollo Global Management, Business
An article in the school's student paper that included Coughlin's purported remarks. Coughlin, first elected student body president in 1989, had the power to appoint a new senator. That led another student senator to accuse Coughlin of discriminating against the student on the basis of his sexuality, at which point the student paper quoted Coughlin in February as saying he was "homophobic." In the guest column he wrote two weeks later, Coughlin sought to straighten things out, saying he had appoint another student because of his previous service in student government. The future state lawmaker would go on to lose reelection as student body president that spring, owing in part to the controversy.
Persons: , Kevin Coughlin, Emilia Sykes, Coughlin, shirk, Coughlin's, they're, it's, Cierra Shehorn Organizations: Service, Republican, Democratic Rep, Ohio Senate, Ohio House, Bowling Green State University, Business, BG, Gay Alliance Locations: Ohio
Bank of America reiterates Alphabet as buy Bank of America said it's sticking with its buy rating on the search giant. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's bullish heading into Apple's Worldwide Developers Conference. Morgan Stanley initiates Zeekr as overweight Morgan Stanley said it's bullish on shares of the electric vehicle company. Bank of America reiterates Nike as buy Bank of America said it's standing by its buy rating on shares of Nike. Morgan Stanley reiterates First Solar as overweight Morgan Stanley raised its price target on the stock to $331 per share from $248.
Persons: Oppenheimer, it's, JPMorgan, Morgan Stanley, Apple, Canaccord, ZEEKR, Barclays downgrades Stanley Black, Decker, Piper Sandler, Tesla, Piper, Bernstein, Wells, Guggenheim, Goldman Sachs, Goldman, MAXN, Mizuho, Linde, Williams, Columbus McKinnon Organizations: JPMorgan, Netflix, Price, Bank of America, Apple's Worldwide, " Bank of America, Nvidia, NVIDIA Corp, DraftKings Inc, Kirby Corp, FedEx Corp, Marvell Technology, Barclays, Tesla, Broadcom, Express, Logitech, UW, Autonomy, Nike, Mizuho, SUN, Kinder Morgan, Nat, Micron, Columbus Locations: OW, Kinder
The Irish culture and people are unmatchedThe drinking culture in Ireland can be enjoyable. But, part of what makes the drinking and eating culture so vibrant in Ireland is the quality of the food and drink here. Plus, it's cheaper for me to shop for fresh produce in Ireland than it ever was in the US. At University College Dublin (UCD), I paid about €72,000, or about $78,000, for all four years of school and received a bachelor's degree in English. AdvertisementI wouldn't trade my decision to study at UCD for anything in the world regardless of how expensive living in Ireland is.
Persons: , I'd, Life's, Isabella Ambrosio The, I've, Isabella Ambrosio Ireland, There's, James Joyce, Roddy Doyle, Mary Lavin Organizations: Service, Business, Dublin, New York University, At University College Dublin, UCD, The United Locations: Chicago, Dublin, Ireland, The United States
Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese travelers are increasingly opting for cheaper domestic destinations over foreign tourist spots. The top reason for preferring their home country was "abundant domestic travel options," the survey found, followed by "too costly" international travel. Local tourism has been a bright spot in China's recovery from Covid-19 controls that ended in late 2022. watch nowDuring a public holiday this year from May 1 to May 5, domestic tourism trips and revenue surged versus pre-pandemic levels in 2019, official data showed. Local authorities said performing arts subsidies from the local governments helped generate 48.3 million yuan in ticket sales to 230,000 people, stimulating about 460 million yuan in economic activity.
Persons: Oliver Wyman, Trip.com, Ashley Dudarenok, Ashley Dudarenok ChoZan Organizations: Nurphoto, Getty, International, CNBC, China Locations: China's Guizhou province, BEIJING, China, Hong Kong, Japan, Covid, Yangzhou, Luoyang, Qinhuangdao, Guilin, Zibo, U.S, Xi'an, Guangxi, Nanjing
Daniel Dines, billionaire and co-founder of UiPath Inc., at the automation software company's offices in Bucharest, Romania, on Thursday, May 20, 2021. UiPath shares plunged more than 30% on Wednesday after the software company said CEO Rob Enslin is resigning effective June 1, and being replaced by co-founder Daniel Dines, who stepped down as co-CEO on Jan. 31. Dines co-founded UiPath in 2005 with Marius Tirca. The company makes software which automates repetitive and "menial" tasks, but its stock has suffered under Enslin's sole leadership. Shares are down 26% year-to-date, after the company debuted in one of the largest U.S. software IPOs ever in 2021.
Persons: Daniel Dines, Rob Enslin, UiPath, Enslin, Dines, Marius Tirca, — CNBC's Ari Levy Organizations: UiPath Inc Locations: Bucharest, Romania, U.S
The price of ether will climb to between $15,000 and $22,500 this cycle, SynFutures CEO Rachel Lin says. "Now the spot ETH ETF is approved, all indicators indicate a massive ETH bull run in the coming months," she said. AdvertisementThe positive verdict on spot ether ETFs last week will kickstart a price rally, according to Rachel Lin, the CEO of SynFutures. Today, 20 months since that date, ETH supply remains at the same 120 million," Lin said. Now the spot ETH ETF is approved, all indicators indicate a massive ETH bull run in the coming months," Lin wrote.
Persons: Rachel Lin, , Lin, Dow Jones, Ethereum, bitcoin Organizations: Service, Ethereum, bitcoin, Dow, NASDAQ, Standard Chartered, Chartered
Lin Rui-siang stands accused of running a $100 million dark web drug market, attempting to blackmail its users, and instructing others on how to evade anti-money-laundering investigators. Federal prosecutors say that he owned and operated Incognito Market, a dark web drug market selling heroin, cocaine, oxycodone, and other illicit substances. The DoJ said Lin used the pseudonyms "Pharoah" and "faro." The indictment claims that Lin closed the drug marketplace in or around March, and that he refused to return money stored in the "bank" to vendors and customers. The outlet said that "Pharoah" posted on a dark web market forum that its aim was to help users evade anti-money-laundering investigators.
Persons: , Lin Rui, siang, Lin, John F, Lucia, Edward A, Caban Organizations: Service, Business, Department of Justice, Kennedy, WIRED, St, Lucia Police, Lucia Police Force, DoJ, Justice Department, FBI, Homeland Security Investigations, Drug Enforcement Administration, Food, Drug, Criminal Investigations, New York Police Department, NYPD Locations: Royal, faro
Read previewWarning: spoilers ahead for "Bridgerton" season three, part one. "Bridgerton" star Luke Newton improvised a move described as one of season three's most "insane" moments. Since "Bridgerton" season three, part one, came out last Friday, fans have obsessed over the long-awaited sex scene between Colin Bridgerton (Newton) and Penelope Featherington in episode four. In the scene, Colin puts his hand underneath Penelope's dress as they make out in a carriage. We have Nicola Coughlan and Luke Newton reacting to THE CARRIAGE SCENE.
Persons: , Luke Newton, Colin Bridgerton, Penelope Featherington, Colin, Colin's, Penelope, ikki, Lu, Li Organizations: Service, Business, ASK, IDEA Locations: "R
Daphne Bridgerton (Phoebe Dynevor) is the eldest of the Bridgerton sisters and the fourth-eldest Bridgerton sibling. Unfortunately, Dynevor confirmed in January 2023 that she was not returning for "Bridgerton" season three. Daphne Bridgerton and Simon Basset in "Bridgerton." Liam Daniel/BridgertonDaphne is mentioned several times in 'Bridgerton' season threeDaphne doesn't make an appearance in the first four episodes of season three of Bridgerton, though all of her siblings do. But In "Romancing Mr. Bridgerton," the Julia Quinn novel that this season of "Bridgerton" loosely follows, Daphne hosts a ball toward the end of the season.
Persons: , Daphne, Daphne Bridgerton, Phoebe Dynevor, Simon Basset, Duke, Hastings, Jean Page, she's, Colin, Penelope Featherington, Dynevor, Liam Daniel, Bridgerton Daphne, Daphne doesn't, Duchess, Anthony, Kate Sharma, it'll, She's, Violet, Francesca, I'm, Bridgerton, Julia Quinn, Penelope, We'll Organizations: Service, Netflix, Business, Hastings House Locations: Pall, Hastings
"Bridgerton" season three, part one is out now on Netflix. Fans who binged the new episodes have to wait a month for the rest of the season. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In the new season, longtime friends Colin Bridgerton (Luke Newton) and Penelope Featherington (Nicola Coughlan) are the lead couple as their relationship is taken to new heights. This story is available exclusively to Business Insider subscribers.
Persons: , Penelope, Colin Bridgerton, Luke Newton, Penelope Featherington, Nicola Coughlan Organizations: Netflix, Service, Business
Read previewThis as-told-to essay is based on a conversation with Eric Newland, a 56-year-old retired Medical Service Corps officer who is now a real-estate agent in New Braunfels, Texas. The city is about 32 miles northeast of San Antonio and roughly 40 miles southwest of Austin, within the Texas Triangle." The city is growing but retaining its identityDespite its growth, the city maintains its small-town charm, with quaint shops and restaurants. Moving towards San Antonio and Austin, the city begins to feel like a larger town with several strip malls and new homes. An upside is that there have been a lot of new businesses, more income to the city, and even live music.
Persons: , Eric Newland, Fort Sam Houston, I've, Braunfels, Newland, Eric Newland There's Organizations: Service, Medical Service, Business, Fort, Texas, Austin, Army, Realtors, Railroad Locations: New Braunfels , Texas, Braunfels, New Braunfels, Fort Sam, Iraq, Afghanistan, Korea, Germany, San Antonio, Austin, Dallas, Houston, there's, Wurstfest, United States, Schlitterbahn, California, Texas, San Diego, Angeles
Season three of "Bridgerton" centers on Polin, the ship name of Penelope Featherington (Nicola Coughlan) and Colin Bridgerton (Luke Newton). Nicola Coughlan as Penelope Featherington and Luke Newton as Colin Bridgerton on season three of "Bridgerton." AdvertisementClaudia Jessie as Eloise Bridgerton and Hannah Dodd as Francesca Bridgerton on season three, episode three of "Bridgerton." AdvertisementLuke Thompson as Benedict Bridgerton on season three, episode two of "Bridgerton." "Bridgerton" season three, part one is now streaming on Netflix.
Persons: Penelope Featherington, Nicola Coughlan, Colin Bridgerton, Luke Newton, Colin, Penelope, Whistledown —, Jess Brownell, Coughlan, Newton, Kate, Anthony Bridgerton, Laurence Cendrowicz, Luke Newton's, Erika Okvist, she's, Nicola, Liam Daniel, Penelope's, Mister Bridgerton, Bridgerton, Portia, Luke, There's, there's, Rhimes, they're, Eloise, Whistledown, Claudia Jessie, Eloise Bridgerton, Hannah Dodd, Francesca Bridgerton, Anthony, they'll, Jonathan Bailey, Simone Ashley, Cressida, She's, Benedict, Tilly Arnold, Luke Thompson, Benedict Bridgerton, Charlotte, Lady, Danbury's, Violet, Marcus Anderson, Marcus, she'll, we've, they've Organizations: Service, Netflix, Business, Lady Danbury Locations: Polin, That's, Danbury, Violet
AdvertisementWarning: Spoilers for the first four episodes of "Bridgerton" season 3 and the book "Romancing Mr. Bridgerton" ahead. AdvertisementHannah Dodd as Francesca Bridgerton on season three, episode two of "Bridgerton." Season 3 should've built on 'Queen Charlotte' moreQueen Charlotte and Lady Danbury are underutilized so far in season three. Cressida's story is one of the best parts of the season so farCressida Cowper is given more depth in "Bridgerton" this season. "Bridgerton" season three, part two premieres June 16 on Netflix.
Persons: , Caralynn Matassa, Palmer Haasch, Adekaiyero —, Bridgerton, Penelope, Colin, schtick, Luke Newton doesn't, Luke, Caralynn, Jonathan Bailey, Palmer, that's, I'm, Eloise, Cressida, Debling, Lord Debling doesn't, Polin, they've, he's, Liam Daniel, Netflix Palmer, — they're, Kanthony, Anthony, Kate, Anthony didn't, Daphne, Simon, Benedict whoring, Benedict, Lady Tilley Arnold, Lady Tilley, Francesca, John, Kilmartin, Hannah Dodd, Francesca Bridgerton, Fran, Hannah, Violet, Claudia Jessie, I've, Charlotte, Lady, Laurence Cendrowicz, Lady Danbury, Queen Charlotte, Golda Rosheuvel, they'd, Danbury, Lord Marcus, Lady Danbury haven't, Lady Featherington, Lord Debling, Featherington, Polly Walker, it's, Will Mondrich, Mondrich, Jean Page's, Alice, Will, doesn't, Cressida Cowper, Lady Whistledown, we've Organizations: Service, Business, , Netflix Locations: Polin's, Lady Danbury, Queen, Lady, India
In the new season of "Bridgerton," one of Netflix's most popular franchises, Penelope Featherington (Nicola Coughlan) is moving on from her hopeless crush on her close friend Colin Bridgerton (Luke Newton). Even ahead of the season, "Bridgerton" fandom was freaking out when a teaser clip hinted at a mirror sex scene from the book. Though Lady Whistledown has retired, London's society, the Ton, is trying to reveal her identity to win Lady Danbury's bounty of £1,000. AdvertisementThis change may mean there's a rocky road ahead for PolinNicola Coughlan stars as Penelope Featherington in season three of "Bridgerton." "Bridgerton" season three, part two, premieres on June 13.
Persons: , Penelope Featherington, Nicola Coughlan, Colin Bridgerton, Luke Newton, Colin, Penelope, Bridgerton, Lady Whistledown Colin, Liam Daniel, Whistledown, Lady Whistledown, Lady Danbury's, Cressida Twombley, Twombley's, Lady Featherington, Polin Nicola Coughlan, Laurence Cendrowicz, Madame Delacroix, Kathryn Drysdale, Eloise Bridgerton, Claudia Jessie, Eloise, Cressida Cowper, Jessica Madsen Organizations: Service, Business, Netflix Locations: Colin's, London
Here's everything you need to know about Lord Debling and how he influences Polin's love story on the show. Lord Debling isn't part of Julia Quinn's novelsPenelope Featherington (Nicola Coughlan) and Lord Debling (Sam Phillips) on season three of "Bridgerton." But Lord Debling doesn't appear anywhere in the novel or the book series as a whole. On 'Bridgerton,' Lord Debling courts Penelope Featherington but stops once he realizes she has feelings for Colin BridgertonLord Debling (Sam Phillips) and Penelope Featherington (Nicola Coughlan) on season three of "Bridgerton." When Lord Debling meets Penelope, they bond over being perceived as outsiders because of their uniqueness.
Persons: , Penelope Featherington, Colin Bridgerton, Luke Newton, Nicola Coughlan, Julia Quinn's, Lord Debling, Sam Phillips, Penelope, Debling, Netflix Colin, Bridgerton, Debling doesn't, he's, Kelly Valentine Hendry, Phillips, Sam, he'd, Whistledown, Cressida Cowper, Jessica Madsen, Debling's, Colin, Portia Featherington, Polly Walker, Cressida, doesn't, hasn't Organizations: Service, Netflix, Business Locations: wallflower
"Bridgerton" season three is making a big change to the former villain Cressida Cowper. AdvertisementIn the books, Cressida marries before Penelope and Colin's love storyJessica Madsen as Cressida Cowper and Claudia Jessie as Eloise Bridgerton in "Bridgerton" season three. Liam Daniel / NetflixCressida appears in two "Bridgerton" books: "The Viscount Who Loved Me," which was source material for season two, and in "Romancing Mr. Bridgerton," which underpins season three. In "Romancing Mr. Bridgerton," Cressida is a vain, mean bully of London society. Cressida pretends to be Lady Whistledown and later blackmails PenelopeJoanna Bobin as Lady Cowper and Jessica Madsen as Cressida Cowper in "Bridgerton" season 3.
Persons: , Bridgerton, Cressida Cowper, Jessica Madsen, Daphne Bridgerton, Phoebe Dynevor, Penelope Featherington, Nicola Coughlan, Cressida, Eloise Bridgerton, Claudia Jessie, Julia Quinn, Eloise, Penelope, Liam Daniel, Netflix Cressida, Twombley, Whistledown, Penelope Joanna Bobin, Lady Cowper, Lady, Lady Whistledown's, Queen Charlotte, Danbury, Colin Bridgerton, Lady Whistledown, Colin, Luke Newton, Netflix Madsen, Jess Brownell, Jess, they're, " Madsen, Madsen Organizations: Service, Netflix, Business, Lady Danbury
Russian President Vladimir Putin's meeting with Chinese leader Xi Jinping in China this week is the latest sign of deepening strategic ties between both sides. Putin will make a two-day state visit to China from Thursday at the invitation of Xi, it was announced on Tuesday. This will be the Russian leader's first overseas trip since Putin kicked off his fifth term in office last week. Putin also wants access to Chinese financial markets and to use the "Chinese currency to further Russia's trade," Hess said. "So, it's really Putin going to China seeing what he can get."
Persons: Vladimir Putin's, Xi Jinping, Putin, Xi, Max Hess, CNBC's, Hess, it's Organizations: Foreign Policy Research Institute Locations: China, Russian, Beijing, Siberia, Ukraine
Read previewThe US has been outclassed by its rivals, such as Russia, in its capacity to remotely take out enemy weapons using jamming technology, according to former US military officials. He called on the US to get more creative to regain its dominance in electronic warfare. AdvertisementLast year, Ukraine's outgoing senior commander, Valery Zaluzhnyi, in an interview with The Economist, said Russia's electronic warfare capability had given it an important edge. The US is closely studying the conflict for information on how to improve its electronic warfare systems. In May, Defense News that the Pentagon is spending millions on developing new electronic warfare systems and technology to evade GPS jamming.
Persons: , Mike Nagata, Nagata, they've, Valery Zaluzhnyi, Mark Cancian, Grant Shapps Organizations: Service, US Army, Business, Russia, US, Defense News, Pentagon, Center for Strategic, International Studies, Department of Defense Locations: Russia, Ukraine, United States, Tampa , Florida, Europe
Read previewRussia's economy is fragile and policymakers won't be able to stave off a crisis for very long, a think tank researcher argued in a post on Tuesday. AdvertisementRussia's economy has flashed key signs of weaknesses since the West first began imposing sanctions on the nation in 2022. And high interest rates, necessitated by all that inflation, stifle investment in productivity and further distort the economy," Kolyandr said. AdvertisementOther experts have noted that Russia faces a dilemma as it juggles managing its economy and prolonging its war against Ukraine. According to one European economist, the nation has become dependent on war for economic growth, and it can't afford to win or lose the war.
Persons: , Alexander Kolyandr, Kolyandr, Putin Organizations: Service, Centre for, Kremlin, Business Locations: Russian, Ukraine, Central, Russia, West, Europe
Last summer, thousands of tie-dyed Burners and Patagonia-clad tech founders converged on the MAPS Psychedelic Science conference in Denver. The experience "broke the spell of this trauma, and she was able to rebuild her life," Doblin told The Guardian . The video team's job was to store recordings of every MDMA therapy session performed in the clinical trials. Grof believes in something called an "inner healing intelligence," an innate capacity for self-healing that psychedelic therapy helps unleash. Another time, a patient who had come to an MDMA therapy session later acknowledged they had been under the influence of LSD during treatment.
Persons: Jaden Smith, Aaron Rodgers, bro, Andrew Huberman, Rick Doblin, Doblin, mainstreaming psychedelics, influencers, Johnson, Elizabeth Nielson, Aubrey Marcus, ayahuasca, Matthew Stockman, Helena —, Timothy Leary, , Hitler, Stanislav Grof, zombified, Brad Burge, Michael Mithoefer, Annie Mithoefer, Oprah, Sen, Joe Biden, MDMA's neurotoxicity, they'd, Albert Hofmann, David Bronner, Dr, Joe's, Bronner, Bronner's, Richard Rockefeller, John D, Rockefeller Jr, Rockefeller, Neşe, Johns Hopkins, who's, Devenot, Rick Friedman, Betty Aldworth, MAPS's multimillionaire, Tim Ferriss, Cody Swift, Zendo, Aldworth, Erica Siegal, Seth Whitelaw, Amy Emerson, JULIE JAMMOT, Ifetayo Harvey, Harvey, Lauren Unger, Unger, Casey Hardison, Harvey didn't, Hardison, Doblin's, Baylee Ybarra Gatlin, Gatlin, negligently, There's, Michael Pollan's, Steve Jurvetson, Elon Musk's who's, Genevieve, Steve Cohen, Alexandra, Mark Zuckerberg's, Dustin Moskovitz, Cari, Gwyneth Paltrow, Paltrow, Sergey Brin, Joe Green, Green, Zuckerberg, Genevieve Jurvetson, Michael Pollan, Jonathan Lubecky, he'd, Rebekah, Robert Mercer, Elizabeth Koch, Charles Koch, Rachel Nuwer, Koch, she'd, MAPS's, Elizabeth Crystal, Joe Rogan, didn't, Jesus Christ, Crystal, Meaghan Buisson, Richard Yensen, Donna, Yensen, Buisson, weren't, Robert, Rebekah Mercer, Sean Zanni, Grof, They've, Kayla Greenstien, it's, George Sarlo who'd, Vicky Dulai, Sarlo's, Dulai, Gul Dolen, Michael Mullette, who'd, Marla Aufmuth, Mullette, Lily Kay Ross, David Nickles, Ross, Greenstien, Rick, Lenny Ignelzi, biostatisticians, Lykos, Peter Thiel, Kara Swisher, Kris Lotlikar, Federico Menapace, Mo Septimus, Handout, Monnica, Williams, Lotlikar, Henry Elkus, Helena ., Elkus, Emerson, ICER Organizations: Science, New York Jets, rockstar, Multidisciplinary Association for Psychedelic Studies, Lykos Therapeutics, and Drug Administration, FDA, Business, Florida's New College, Jewish Telegraphic Agency, Sarasota Herald, Tribune, New College, Guardian, Drug, Harvard's Kennedy School of Government, eBay, Nevada, Doblin, Pentagon, Department of Veterans Affairs, Department of Defense, Staff, Corporation, PBC, pharma, New Yorker, New York Mets, Bloomberg, CBS, Breitbart, CBC News, BI, Porsche, Santa Cruz, New York Times, longtime, Mullette Corporation, New York, Health Canada, Compass, Sciences, Psychedelic Science, Whole Foods, McKinsey, Big Pharma, Vine Ventures, Lucid, Street Journal, Investments, Gawker, Publicly, PBC alums, Numinus, US Army Locations: Patagonia, Denver, Harvard, Colorado, Skokie , Illinois, Ireland, Czech, Sarasota, Arcturus, Florida, Swiss, Vietnam, Washington, Santa Cruz, Chicago, California, Iraq, British Columbia, New York, Hawaii, Santa, Nature, Moderna, Europe, Helena, Yale, Australia, Canada, Israel, Ukraine, ICER, . Upper
"There was no first line of defense," Denys Yaroslavskyi told the BBC, which reported from Vovchansk on Sunday. Jonathan Beale, a defense correspondent at the outlet, wrote that Yaroslavskyi showed him drone footage of Russian troops walking past Ukraine's northeastern border without resistance. Lying on Kharkiv's northeastern border, Vovchansk is one of Ukraine's closest cities to the Russian region of Belgorod. Related storiesDays earlier, Ukrainian military observers reported that between 30,000 to 35,000 Russian troops had gathered for the push. The Kremlin has since 2022 been accusing Ukraine of shelling Belgorod, though this also comes amid repeated reports of Russian troops misfiring or dropping bombs by mistake on civilians there.
Persons: , Denys Yaroslavskyi, Jonathan Beale, Yaroslavskyi, Oleksandr Syrskyi, Syrskyi, Vladimir Putin, Vovchansk Organizations: Service, BBC, Business, Reconnaissance Unit, Armed Forces, Ukraine's General Staff, Russian Federation, Kyiv, Russian, NATO Locations: Ukrainian, Kharkiv, Russia, Vovchansk, Ukraine's, Russian, Belgorod, Moscow, Ukraine, The Washington, Kyiv
Russia's oil revenue soared by 90% in April compared to the previous year, Bloomberg reported. The rise comes as sanctions have struggled to curb Russian energy flows since the war in Ukraine began. AdvertisementThe major funding sources for Vladimir Putin's invasion of Ukraine — the country's oil and gas revenues —doubled in April despite sanctions. Bloomberg data also indicates Moscow will see approximately $126 billion in oil and gas tax revenue in 2024. That said, Bloomberg reported that April's oil and gas revenue to Russia's budget still dropped by about 6.4% compared to March, primarily due to substantial subsidies to the nation's fuel producers.
Persons: , Vladimir Putin's, Bloomberg Organizations: Bloomberg, Service, Russia's Federal Tax Service, Bloomberg Economics Locations: Ukraine, Russia's, Russia, Moscow, China, India, Persian
AdvertisementFrench President Emmanuel Macron reaffirmed that he'd consider sending French troops to Ukraine and spelled out the conditions in which this could place. He added that if Russia defeated Ukraine, it would then probably seek to attack another European country. Related storiesMacron's remarks about sending French troops to defend Ukraine are among the most hawkish by a Western leader. In response to Macron's earlier remarks, the Kremlin's spokesperson, Dmitry Peskov, said deploying NATO troops to Ukraine would lead to war between Russia and the alliance. Analysts recently discussed with Business Insider the likelihood of Russia attacking NATO, with the Russian-military expert Ruth Deyermond saying Putin's regime was too weak militarily to risk a direct confrontation with NATO.
Persons: Emmanuel Macron, , Macron, Vladimir Putin, I'm, they've, Dmitry Peskov, Peskov, Ruth Deyermond Organizations: Service, NATO, Ukraine, Russia, Radio Free, Radio Liberty, Analysts, Business Locations: Ukraine, France, Russian, Europe, Russia, Radio Free Europe
His remarks about French soldiers defending Ukraine are among the most hawkish by a Western leader. AdvertisementFrance's President Emmanuel Macron reaffirmed that he would consider sending French troops to Ukraine, and spelled out the conditions in which this could place. He added that if Russia defeats Ukraine it would then likely seek to attack another European country. Related storiesMacron's remarks about sending French troops to defend Ukraine were among the most hawkish by a Western leader. The Kremlin's spokesman, Dmitry Peskov, in response to Macron's earlier remarks, said that deploying NATO troops to Ukraine would lead to war between Russia and the alliance.
Persons: Emmanuel Macron, , Macron, Vladimir Putin, I'm, Dmitry Peskov, Peskov, Ruth Deyermond Organizations: Service, NATO, Ukraine, RFE, RL, Business Locations: Ukraine, France, Russian, Europe, Russia
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