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☆ ChatGPT can be tricked into telling people how to commit crimes, a tech firm finds
▼ + stars: | 2024-10-23 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —ChatGPT can be duped into providing detailed advice on how to commit crimes ranging from money laundering to the export of weapons to sanctioned countries, a tech startup found, raising questions over the chatbot’s safeguards against its use to aid illegal activity. Norwegian firm Strise ran experiments asking ChatGPT for tips on committing specific crimes. And in another experiment, run earlier this month, ChatGPT produced lists of methods to help businesses evade sanctions, such as those against Russia, including bans on certain cross-border payments and the sale of arms. Strise sells software that helps banks and other companies combat money laundering, identify sanctioned individuals and tackle other risks. “It’s like having a corrupt financial adviser on your desktop,” Rødevand said on the company’s podcast last month, describing the money laundering experiment.

Persons: London CNN —, Strise, ChatGPT, Handelsbanken, Marit Rødevand, Strise’s, ”, OpenAI, “, Rødevand, “ We’re, Europol, Olesya Dmitracova Organizations: London CNN, Strise, CNN, Russia Locations: Russia, Nordic, Norway

CNN —Armed assailants launched a deadly “terror” attack on Turkey’s state-run aerospace company near the capital Ankara on Wednesday, government officials said. At least five people were killed and 22 injured in the “terrorist attack” on the Turkish Aerospace Industries (TUSAS) headquarters in the outskirts of Ankara, said Interior Minister Ali Yerlikaya. The attack occurred while Turkish President Recep Tayyip Erdogan was in the Russian city of Kazan to attend the annual BRICS summit. Turkish Aerospace IndustriesTurkey is a member of the North Atlantic Treaty Organization. “An attack on a major Turkish defense contractor, a public company, but also the crown jewel of Turkey’s defense industry, is going to be a huge trauma,” she said.

Persons: ”, Ali Yerlikaya, –, Cevdet Yılma, Yasar Guler, Guler, “, ” Yerlikaya, Mehmet Demiroglu, TUSAS, Ragip, Recep Tayyip Erdogan, Vladimir Putin, Erdogan, Mark Rutte, Mansur Yavas, Yilmaz Tunc, Aslı Aydıntaşbaş, “ It’s, ” Aydıntaşbaş, Tal Rifa’at, Farhad Shami, Mazloum Abdî, Serdar Ozsoy, Kamiran Hassan, Asos, Ebubekir Şahin, Netblocks, Putin, ” Putin, Turkey “ Organizations: CNN, Turkish Aerospace Industries, Turkish, Turkish Defense, Kurdistan Workers ’ Party, European Union, Social, Turkey’s Nationalist Movement Party, Reuters, Anadolu, Turkey’s Ministry of Industry, Technology, TUSAS, Atlantic Treaty Organization, NATO, European Council, Foreign Relations, Syrian Democratic Forces, SDF, ISIS –, of Communications Center, ” Broadcasters, Television Supreme, Facebook, YouTube, US State Department Locations: Ankara, Turkey, United States, Syria, Iraq, Ragip Soylu, Russian, Kazan, Turkish Aerospace Industries Turkey, Turkish, Kurdish, Kobani, Tal, Aleppo, Mawat, Sulaymaniyah, Iraq’s Kurdistan, Turkey’s

KAZAN, Russia — Almost 700 miles east of Russia's war in Ukraine, the city of Kazan is a safe enough distance for President Vladimir Putin to try and reposition himself as an international ambassador. The countries gathering for the BRICS summit, where Gavrilov is helping to chaperone delegates, share a similar mix of apparently contradictory views. Russia and Iranian protocol teams huddled together in a Kazan hotel Sunday planning the arrival of Iran’s President Masoud Pezeshkian. Russian President Vladimir Putin and UAE President Sheikh Mohammed bin Zayed Al Nahyan sign a wall at newly opened education center in Moscow on Monday. While Ukraine is a “long, long way away, the modern ballistic missile can very easily come here,” Gavrilov said.

Persons: Vladimir Putin, Putin, Islam Gavrilov, Sergei Gavrilov, “, Gavrilov, ”, didn’t, —, it’s, Masoud Pezeshkian, Sheikh Mohammed bin Zayed Al Nahyan, Mikhail Metzel, Sheikh Abdullah bin Zayed Al Nahyan, Recep Tayyip Erdogan, Prince Mohammed bin Salman, Prince Faisal bin Farhan, Luiz Inácio Lula da Silva, they’ve, ” David Lubin, you’re, ” Gavrilov, Keir Simmons, Natasha Lebedeva, Freddie Clayton Organizations: NBC, NASA, Harvard University, The, Putin, United Arab, European Union, Kremlin, Wednesday, Saudi Arabia’s Crown, Chatham House, NBC News, Inside Locations: KAZAN, Russia, Ukraine, Kazan, Kremlin, United States, Moscow, America, U.S, — Brazil, India, China, South Africa, Egypt, Ethiopia, Iran, United Arab Emirates, UAE, London, Russian, Yelabuga, Nizhnekamsk, “

☆ Moldova leader decries vote meddling after slim majority backs joining the E.U.
▼ + stars: | 2024-10-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

Stoianoglo has said that, if elected, he would build a “balanced” foreign policy involving ties with the EU, the United States, Russia and China. In the run-up to Sunday’s referendum, polls had shown clear majority support for joining the EU. A “yes” result means a clause will be added to the constitution defining EU accession as a goal. The EU leapt to Sandu’s defence, saying Moldova had faced “really unprecedented intimidation and foreign interference by Russia and its proxies ahead of this vote”. The tight referendum result could put Sandu in a weaker position going into the second round since she has championed EU integration.

Persons: Maia Sandu, Sandu, Alexandr Stoianoglo, Stoianoglo, Daniel Mihailescu, ”, “, Ilan Shor, Sandu’s, Shor, Valeriu Pasha, — Organizations: EU, Getty, Kremlin, Sandu, Moldovan, ”, Facebook Locations: Soviet, Russia, United States, China, Moldovan, Chisinau, AFP, Ukraine, Transdniestria, Moldova, Moscow, Sunday’s

☆ Russia and Europe tussle for Moldova, as just over 50% vote 'yes' on future EU membership
▼ + stars: | 2024-10-21 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Moldovan citizens living in Moscow are seen queuing to vote at a polling station during the 2024 Moldovan elections in Moscow, Russia on October 20, 2024. Moldovans headed to the polls on Sunday for a presidential election and a referendum on EU membership with the votes being held under the shadow of the ongoing struggle between the West and Russia over Moldova. Moldova's political destiny was hanging in the balance on Monday after key votes on whether to embrace a future with Europe, or to remain within Russia's orbit. Since the breakup of the Soviet Union in 1991, it has seesawed between pro-Russia and pro-Europe governments, such as President Sandu's current administration. Formal talks on joining the bloc already began in June, but the — non-legally binding — referendum of Sunday was seen as cementing Moldova's pro-EU trajectory.

Persons: Maia Sandu, Alexandr Stoianoglo, Sandu's Organizations: West, European Union, Moldova's, Commission, CNBC, Russia Locations: Moscow, Russia, Moldova, Europe, Soviet, Ukraine, Romania, Soviet Union

☆ Defense Secretary Austin arrives in Ukraine amid Russian gains and imminent US election
▼ + stars: | 2024-10-21 | by ( Natasha Bertrand | ) edition.cnn.com time to read: +6 min

Kyiv, Ukraine CNN —Secretary of Defense Lloyd Austin arrived in Kyiv early Monday morning, as the future of US aid to Ukraine hangs in the balance of the imminent US presidential election and as Russia continues to make small but steady gains on the battlefield. “It’s been absolutely remarkable that Ukraine has been able to do what it’s done,” Austin told reporters. Ukraine has prevented Russian President Vladimir Putin from achieving “one single strategic objective” during the war, Austin said Sunday. China also continues to be a “critical enabler” of Russia’s war effort, the NATO official said. Ukraine has more sophisticated weaponry thanks to the West, which could give the country a strategic edge, the defense official said.

Persons: Defense Lloyd Austin, Volodymyr Zelensky, Rustem Umerov, Biden, Austin, “ It’s, ” Austin, we’ve, Donald Trump, ”, Trump, Zelensky, “, ” Zelensky, Vladimir Putin Organizations: Ukraine CNN —, Defense, CNN, Ukraine Defense, European Union, Pentagon, Capitol, Ukraine, NATO, Russia Locations: Kyiv, Ukraine, Russia, Austin, ”, Europe, Russian, Iran, North Korea, China, Moscow

☆ European markets set to start the new trading week in mixed territory
▼ + stars: | 2024-10-21 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are heading toward a mixed start to the new trading week. The U.K.'s FTSE 100 index is expected to open 17 points higher at 8,373, Germany's DAX down 12 points at 19,644, France's CAC up 1 point at 7,611 and Italy's FTSE MIB up 55 points at 35,087, according to data from IG. Regional markets had ended last week on a high note after the European Central Bank announced its third interest rate cut of the year last Thursday, lowering the deposit rate by another 25 basis points, as inflation risks in the European Union are seen to be easing faster than anticipated. Overnight, Asia-Pacific markets were mixed as traders assessed China's loan prime rate announcement, with focus also on Japan's general election at the end of this week. Stateside, stock futures ticked higher Sunday night after the Dow Jones Industrial Average and S&P 500 notched their best weekly win streaks of 2024.

Persons: Germany's DAX Organizations: France's CAC, IG, Regional, European Central Bank, Dow Jones Industrial Locations: European Union, Asia, Pacific

☆ Three in four Europeans support the use of AI by police and military, study says
▼ + stars: | 2024-10-21 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

The vast majority of Europeans support the use of artificial intelligence for police and military operations, according to a new report by Madrid's IE University shared with CNBC. "European Tech Insights," which measured the attitudes of over 3,000 people in Europe, found that 75% support the use of AI technologies such as facial recognition and biometric data by the police and military for surveillance purposes. The extent of the support is perhaps surprising, as Europe holds some of the strictest data privacy regulations in the world. The level of support for the use of AI in public service tasks, such as traffic optimization, was even higher, according to the report, coming in at 79%. However, when it comes to sensitive matters, like parole decisions, most Europeans (64%) oppose the use of AI.

Persons: Ikhlaq Sidhu Organizations: Madrid's IE, CNBC, Tech, European Union, Data, of Science, Technology Locations: Europe

☆ Moldova’s EU referendum hangs in balance as president Sandu condemns ‘assault’ on democracy
▼ + stars: | 2024-10-21 | by ( Christian Edwards | ) edition.cnn.com time to read: +2 min

CNN —Moldova’s crucial referendum on joining the European Union is too close to call, partial results showed Monday, as President Maia Sandu condemned an “unprecedented assault” on the country’s democracy. With just over 1.4% of ballots still to be counted, 50.2% had voted “yes” in the referendum, according to the country’s Central Election Commission. The tight margin would come as a blow to Sandu, who had been hoping for a clear endorsement of the pro-EU path she has charted during her first presidential term. Vadim Ghirda/APCNN reported last week on the efforts of a Kremlin-linked network, spearheaded by the exiled Moldovan oligarch Ilan Shor, to buy votes in Moldova, aiming to sway the results of the EU referendum. If other pro-Russian parties and voters throw their support behind Stoianoglo, the November 3 run-off could be extremely tight.

Persons: CNN —, Maia Sandu, Sandu, ” Sandu, Vadim Ghirda, Ilan Shor, Shor, Alexandr Stoianoglo – Organizations: CNN, European, Commission, EU, Moldovan, AP CNN, Russian Party of Socialists Locations: European Union, Soviet, Hrusevo, Moldova

☆ America's New Economic Supercycle: Growth, Prices, Stock Market Chaos
▼ + stars: | 2024-10-20 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

First, higher interest rates will reward savers, making it more expensive to take risks. And with interest rates so low, companies could suddenly load up on debt: From 2007 to 2017, global nonfinancial corporate debt doubled, to $66 trillion. Now, with the arrival of a new supercycle, money managers are once again being forced to adapt to a changing set of economic realities. Normally, when the Fed hikes interest rates rapidly, the stock market tanks. Rising interest rates will make loans more expensive, forcing businesses to make more-thoughtful decisions about debt.

Persons: Josh Hirt, Silas Myers, Myers, Hirt, you've, Joe Quinlan, they'll, Quinlan Organizations: Investors, Vanguard, Mar Vista Investments, Federal Reserve, Capital, . Venture, Nasdaq, Bank of America, Big Tech, Federal Trade Commission, Treasury, European Union, Aerospace Locations: Washington, China, Unemployment, Europe, America, Japan, United States

☆ Israel’s ties with Europe strained by wars in Gaza and Lebanon
▼ + stars: | 2024-10-20 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +11 min

Adding impetus to their effort is the fact Israeli military strikes are now hitting UN peacekeeping bases in southern Lebanon, which house European troops. European reproach of Israel reached new levels when Israeli military strikes began hitting posts of the UN peacekeeping mission in southern Lebanon. The UN has said Israel’s military has fired on its peacekeepers multiple times in recent weeks, injuring more than a dozen. ‘We have blocked everything’Italy’s Prime Minister Giorgia Meloni also condemned Israel’s actions in Lebanon, including an Israeli military strike that hit a UN peacekeeping base where around 1,100 Italian troops are stationed. In an earlier move that protested Israel’s war in Gaza, Spain, Ireland and Norway formally recognized Palestinian statehood in May.

Persons: CNN —, Benjamin Netanyahu, “, ” Hugh Lovatt, Josep Borrell, Ali Moustafa, ” Lovatt, ”, Biden, It’s, ” Borrell, Lovatt, Israel, Maya Sion, Netanyahu, António Guterres, Emmanuel Macron, “ Netanyahu, Macron, Carl Court, ” Macron, ” Netanyahu, Borrell, Guterres, Giorgia Meloni, ” Meloni, Meloni, Tzidkiyahu, Keir Starmer, of National Security Itamar Ben, Bezalel Smotrich, David Cameron, Ben Gvir, Smotrich, ” Ben Gvir’s, Chancellor Olaf Scholz, Israel “ Organizations: CNN, UN, EU, North Africa, Foreign Relations, Hamas, European Union, Red Crescent, Reuters, UNIFIL, Europe, Agence France, Presse, United Nations Interim Force, AFP, Israel, UK, Stockholm International Peace Research Institute, Foreign Affairs Council, Getty, of National Security, Finance, Sky News, DPA, Nazi Locations: CNN — Israel, Gaza, Lebanon, Israel, East, Berlin, Rafah, Egypt, United States, “, Iran, Spain, Ireland, Italy, France, Tzidkiyahu, Jerusalem, Paris, AFP, Marjayoun, Vichy, Stockholm, Germany, United Kingdom, Irish, Sion, Norway, Britain, Lebanese, Khiam, Palestine

☆ Europe’s centrists are flocking to the right on migration, as a far right surge and a border crisis spooks the continent
▼ + stars: | 2024-10-20 | by ( Rob Picheta | ) edition.cnn.com time to read: +10 min

Increasingly, Europe’s centrist figureheads are dropping their once-high-minded rhetoric on irregular migration, reaching instead for positions that were previously the preserve of the continent’s populist rabble-rousers. In Poland, like in much of Europe, “voters across the board expect that border security and migration controls are the priority,” Kucharczyk said. But Thursday’s victory for Tusk in Brussels underscores a broader, rightward shift across Europe on the issue of irregular migration. “It’s an existential issue for this coalition, and they don’t want to take chances on issues like migration,” Kucharczyk said. The wider question is whether the longstanding principles of the border-free Schengen Area can survive an enduring era of rising migration and populist subversion.

Persons: Donald Tusk, ” Tusk, Spain’s Pedro Sanchez –, Tusk, ” Jacek Kucharczyk, Emmanuel Macron, Germany’s, Olaf Scholz, ” Kucharczyk, ”, Adnan Beci, Ursula von der Leyen, Chancellor Scholz, Keir Starmer –, –, Scholz, Thomas Niedermueller, Italy’s, Giorgia Meloni, “, Marta Welander, PiS, Poland’s, Kucharczyk Organizations: CNN, European Union Council, of Public Affairs, Wednesday, Getty, European Commission, EU, Committee, Law and Justice, SPD, ISIS, – Locations: Brussels, Poland, EU, Belarus, Europe, Russia, Albania, Warsaw, AFP, EU’s, France, Luxembourg, Netherlands, Belgium, Denmark, Finland, Solingen, Hungary, Slovakia

☆ Italy criminalizes surrogacy abroad in move slammed as ‘medieval’ by critics
▼ + stars: | 2024-10-19 | by ( Antonia Mortensen | ) edition.cnn.com time to read: +8 min

Human life has no price and is not a commodity.”People demonstrate near Italy's Senate this week to oppose the country's new legislation. Francis has shifted the church’s approach on welcoming LGBTQ people, but has maintained a strong line opposing both abortion and surrogacy. The new Italian law does not differentiate between same-sex and heterosexual couples, nor between altruistic or paid surrogacy, but it will disproportionately affect the LGBTQ community, advocates fear. “Law or no law, same-sex families exist and will continue to exist. LGBTQ activists who protested outside the Senate on Wednesday said that heterosexual couples make up 90% of all surrogacies.

Persons: Giorgia Meloni’s, Pope Francis an, Meloni, Simona Granati, Francis, ”, “, ” Laura Boldrini, ” Alessia Crocini, Michela Calabro, Mauro Scrobogna, Elon Musk, Francis ’ Organizations: CNN, Italy, Catholic Church, Italian Catholic Church, Italy's Senate, Catholic, “, Families, European Union Locations: Italy, United States, Canada, Italy's, Vatican, Italian, ” Italy, ”, Albania

☆ Insider Today: America's billionaire hub
▼ + stars: | 2024-10-19 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

This post originally appeared in the Insider Today newsletter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. European manufacturers are trying to claw back some of the market share of electric vehicles from their Chinese competitors. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, Siri, James Bond, Tom Carter, Ram, Fiat —, Leapmotor, Carlos Tavares, Joey Hadden, Jackson, It's, BI's Joey Hadden, Taylor, Chelsea Jia Feng, Taylor Swift, Swift, she'll, Konrad Krajewski, Uber, Priyanka Rajput, Troy Aikman, Anna Kendrick, Jason Segel, Harrison Ford, Peacock, Elisabeth Finch, Rebecca Zisser, We've, grout, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, Getty, BYD's, Paris, European Union, Jeep, Fiat, Economic Policy Institute, Target, BI, NFL, Apple, Netflix Locations: London, China, Jackson Hole , Wyoming, York City, Manhattan, LaGuardia, ozina, caked, Patagonia, New York City, New York, Chicago

☆ One of Russia's biggest automakers said it's struggling under Western sanctions after frontline complaints that its vehicles are falling apart
▼ + stars: | 2024-10-18 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Russian automaker Sollers is under fire over reports that its cars are breaking down along the war front. In response on Thursday, Sollers blamed Western sanctions for forcing it to switch suppliers quickly. AdvertisementA Russian contractor providing SUVs and pick-up trucks to Moscow's troops blamed Western sanctions on Thursday amid criticism that its vehicles were arriving in poor condition. The Russian automaker's recent blaming of Western sanctions is a reversal of its statements in September 2023, when it dismissed being blacklisted by the US Treasury Department. Sollers had told Russian media it did not foresee a significant impact as it already restructured its supply chain to prepare for the restrictions.

Persons: Sollers, —, UAZ, Dmitry Rogozin, Rogozin, he's, He's, Gazeta.RU Organizations: Service, Ulyanovsk Automobile Plant, NATO, Telegram, Business, Ford Motor Company, Mazda, US Treasury Department, European Union Locations: Russian, Ulyanovsk, Moscow, Ukraine, Roscosmos, Michigan, Russia, Vladivostok, Sollers

☆ Treasury yields hold steady as investors digest data indicating economic resilience
▼ + stars: | 2024-10-18 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +1 min

One basis point is equal to 0.01%. ET, the 10-year Treasury yield was up less than one basis point at 4.1045%. The yield on the 2-year Treasury yield ticked lower by one basis point to 3.9758%. U.S. Treasury yields held steady on Friday as investors digested the previous day's economic data which signaled economic resilience. Comments are also expected from several Federal Reserve officials including Atlanta Fed President Raphael Bostic and Minneapolis Fed President Neel Kashkari.

Persons: Dow Jones, Raphael Bostic, Neel Kashkari Organizations: U.S, Treasury, Dow, Labor Department, Federal, Atlanta Fed, Minneapolis Fed, European Central Bank, European Union

☆ What do we know about Israeli killing of Hamas mastermind and what happens next?
▼ + stars: | 2024-10-18 | by ( Jessie Yeung | ) edition.cnn.com time to read: +8 min

The Israeli military previously surrounded Sinwar’s house and carried out an intensive assault on his hometown of Khan Younis, but could not find him. The troops returned fire with a tank, then flew a drone into the heavily damaged building, according to the Israeli military. Sinwar had been trying to escape to the north when he was killed, said another Israeli military spokesperson on Thursday. The talks involved senior figures from Israel, Hamas, the United States, Qatar and Egypt. Mohammed Sinwar recently took over as Hamas’ military commander, a senior Israeli official told CNN last month.

Persons: Yahya Sinwar, Ismail Haniyeh, Benjamin Netanyahu, Sinwar’s, Khan Younis, Sinwar, biometrics, Mohammed Salem, Majdal –, ”, Israel, ’, it’s, Mohammed Deif, Joe Biden, Netanyahu, Mohammed Sinwar, Mohammed, Hassan Nasrallah, “ Sinwar, Mumen Khalili Organizations: CNN, Hezbollah, Sinwar, REUTERS, US Department of State, European Union Locations: Israel, Lebanon, Hamas, Iran, Gaza, Rafah, Jerusalem's Al, Gaza City, Al, Ashkelon –, United Kingdom, France, bunkering, United States, Qatar, Egypt

☆ Germany’s auto giants are struggling to stay relevant
▼ + stars: | 2024-10-18 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

The latter appeared to hint at the Germany's waning influence over regional policy — a likely unthinkable notion only a few years ago. "The question is whether German car makers manage to adjust their product portfolios, change their organizations, and ramp up productivity quickly enough to preserve the status and relevance they had for decades." Brand loyaltyNot everyone is as concerned about the outlook for Germany's car industry. Sigrid de Vries, director general of the European Automobile Manufacturers' Association (ACEA), a car lobby group, said she finds it "really hard to believe" that Germany's auto sector is struggling to adapt to the electrification. Stephane Mouchmouche | Afp | Getty ImagesSome hope that this week's Paris Motor Show could prove to be a turning point for Europe's auto industry.

Persons: Julian Stratenschulte, Rico Luman, Robert Habeck, Luman, Chancellor Olaf Scholz, Germany's, Sigrid de Vries, de Vries, ACEA's de Vries, Porte, Stephane Mouchmouche, John Cooper, Julia Poliscanova, Poliscanova Organizations: VW, Getty, Volkswagen, Mercedes, Benz Group, BMW, Union, ICE, ING, CNBC, Federal, Economic Affairs, Emden ., EVs, Reuters, European Automobile Manufacturers ' Association, Paris, Automotive Summit, Porte de, Afp, John Cooper Works Electric, Transport, Environment Locations: Wolfsburg, Germany, China, Emden, German, Berlin, Europe, France, automaking, Paris

☆ European markets set for mixed open as investors digest third ECB rate cut of the year
▼ + stars: | 2024-10-18 | by ( Sophie Kiderlin | ) www.cnbc.com time to read: +1 min

European markets were headed for a mixed open on Friday as investors digested the European Central Bank's decision to cut interest rates yet again and awaited fresh economic data and earnings. Germany's DAX , the U.K.'s FTSE 100 and France's CAC 40 are all expected to slip when markets open, according to IG data, while Italy's FTSE MIB is on track to rise. The pan-European Stoxx 600 ended Thursday in the green, with almost all sectors and regional bourses trading in positive territory. It came as the ECB announced its third interest rate cut of the year, lowering the deposit rate by another 25 basis points, as inflation risks in the European Union ease faster than anticipated. On Friday, investors will be watching the latest U.K. retail sales data and quarterly earnings from Volvo Group.

Persons: Germany's DAX Organizations: Central, CAC, ECB, Volvo Group, Dow Jones Locations: European Union, Asia, Pacific, China, Hong Kong

☆ Moldova faces a tug of war between Russia and the West in two crucial votes
▼ + stars: | 2024-10-18 | by ( Christian Edwards | ) edition.cnn.com time to read: +9 min

CNN —Voters in Moldova will cast their ballots Sunday in two crucial votes, which have been billed as the most consequential in the country’s post-Soviet history. Alongside a more sophisticated misinformation campaign, Shor has resorted to cruder methods to meddle with Moldovan politics. Home to a Romanian-speaking majority and large Russian-speaking minority, many Moldovans had long viewed Russia as a benign big brother. “It reflects the loss of the national allure of Russia in Moldovan society,” he said. “There’s limits (to what can be achieved).”But even if Sandu prevails in both the presidential vote and the EU referendum, he expects the Kremlin’s campaign to continue.

Persons: Ilan Shor, Shor, ”, Dumitru Doru, Maia Sandu –, –, She’s, ” Vadim Pistrinciuc, Maia Sandu, Ursula von der Leyen, Elena Covalenco, Sandu, Nicu Popescu, Moldova’s, ” Popescu, “ Moldova can’t, ‘, Sandu’s, Daniel Mihailescu, Alexandr Stoianoglo, Stoianoglo, Maksim Samorukov, ” Samorukov, “, Viorel Cernauteanu, ” Cernauteanu, Dmitry Peskov, Pistrinciuc, ” Pistrinciuc, Lenin, Peter Dench, Samorukov Organizations: CNN — Voters, eventual, Union, Kremlin, Authorities, Western, World Bank, Party, Action, Solidarity, Communist, Institute for Strategic Initiatives, CNN, Getty, European Council, Foreign Relations, Gazprom, “, CBS, AXA, Russian Party of Socialists, EU, Carnegie Russia Eurasia Center, Reuters Locations: Moldova, Russian, Moldovan, Russia, Chisinau, Shutterstock Moldova, Romania, Ukraine, Transnistria, Soviet Union, Harvard, Romanian, Odesa, Moldova’s, Europe, AFP, Western Europe, Gazprom, “ Moldova, Bardar, ”, Moscow, Tiraspol

☆ Who was Hamas leader Yahya Sinwar?
▼ + stars: | 2024-10-17 | by ( Kara Fox | Ivana Kottasová | ) edition.cnn.com time to read: +6 min

CNN —Hamas leader Yahya Sinwar, believed to be one of the architects of the militant group’s October 7, 2023, terror attack and Israel’s most wanted man, was killed in Gaza on Wednesday, according to the Israeli military. He was also viewed as a pragmatic political leader by some: In 2017, Hamas elected Sinwar as the political chief of its main decision-making body, the Politburo, in Gaza. At one of the protests, Sinwar applauded those facing “the enemy who besieges us.”As the group’s political leader, Sinwar focused on the group’s foreign relationships, forging important ties with regional Arab powers. Yahya Sinwar, center, with the late Hamas leader Ismail Haniyeh, left, take part in the funeral of senior militant Mazen Fuqaha in Gaza City on March 25, 2017. The talks involved senior figures from Israel, Hamas, the United States, Qatar and Egypt.

Persons: Yahya Sinwar, Sinwar, ”, Khan Younis, bunkering, Ismail Haniyeh, Hamas ’, Majdal –, Ashraf Amra, Shutterstock Sinwar, Gilad Shalit, “, –, Mazen, Mohammed Salem, Mohammed al, Masri, Mohammed Deif, Al, Marwan Issa Organizations: CNN, Hamas, Islamic University, Open University, European Council, Foreign Relations, Israel, Brigades, US Department of State, European Union Locations: Gaza, Tehran, Al, Ashkelon –, Aqsa, Palestine, Gaza City, Israel, Israeli, Italian, Islam, Iran, United States, Qatar, Egypt, United Kingdom, France

☆ ‘Unsafe’ toys being sold in Europe by Amazon, Temu and other online marketplaces
▼ + stars: | 2024-10-17 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

Lonodn CNN —Some toymakers are “flooding” Europe with dangerous toys via online marketplaces, including magnets capable of puncturing a child’s intestines if swallowed and products containing toxic chemicals, according to an industry body. An Amazon spokesperson said the company has “proactive measures in place to prevent unsafe or non-compliant products from being listed” on its site. The EU has the “strictest toy safety regime in the world” but toymakers from outside the bloc are exempt from EU rules when selling their products via online marketplaces, TIE said. In the United States, too, regulators are concerned about the safety of goods sold online. In September, two officials from the Consumer Products Safety Commission called for an investigation into Shein and Temu over the potential sale of “deadly baby and toddler products.”

Persons: Catherine Van Reeth, ”, Shein Organizations: CNN, Toy Industries of, European Union, EU, Amazon, Consumer Products Safety Locations: Europe, Toy Industries of Europe, United Kingdom, United States, Shein

☆ IMF chief warns 'not yet time to celebrate' as low growth and high debt weigh on global economy
▼ + stars: | 2024-10-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

The head of the International Monetary Fund cautioned on Thursday that high debt and low growth remained major impediments to the global economy. "When we look into the challenges ahead of us, the biggest one is low growth, high debt. "It is successful major economies that have done really well … and there are pockets in the world where inflation is still a problem," she said. Georgieva warned that international trade would no longer be the "engine of growth" it once was, highlighting the proliferation of restrictive policies among many economies. Earlier on Thursday, Georgieva also pointed to wider geopolitical tensions as one of the key risks to global financial stability.

Persons: Kristalina Georgieva, Karen Tso, Georgieva, Ukraine — Organizations: International Monetary Fund, IMF, CNBC, Washington DC, World Bank Group, European Union, Ukraine Locations: Washington, U.S, China, United States

☆ A tough new EU cyber law is off to a messy start, with many countries failing to adopt the rules
▼ + stars: | 2024-10-17 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

The EU's NIS 2 cybersecurity directive sets a high benchmark for companies over their internal cybersecurity systems and practices. On Thursday, the new directive officially became enforceable by member states. However, most EU member states have yet to implement NIS 2 in their own respective national laws, meaning that enforcement is likely to be spotty. NIS 2 — or the Network and Information Security Directive 2 — is an EU directive that aims to increase the security of IT systems and networks across the bloc. Fladgate's Wright said that effectiveness of NIS 2 as a regulation will largely depend on consistent implementation and enforcement across EU member states.

Persons: Andrew Brookes, Bulgaria — haven't, Tim Wright, Fladgate's Wright, Chris Gow, Gow, Carl Leonard, Leonard Organizations: Getty, NIS, Research Federation, CNBC, and Information, EU, General Data Locations: Portugal, Bulgaria, EU

☆ China-led regional group calls for countering protectionist policies, sanctions
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: +1 min

The Chinese national flag flies outside the Ministry of Foreign Affairs in Beijing on July 26, 2023. A China-led 10-state regional group criticized what it called protectionist trade measures on Wednesday, part of an intensifying standoff between Beijing and Western countries over tariffs on Chinese products. The Shanghai Cooperation Organization, a Eurasian security and political group, also hit out at "unilateral sanctions" as member states Iran and Russia face curbs on trade. The statement said that the 10 member states, represented by seven prime ministers, "consider it important to continue joint efforts to counter protectionist trade measures that are contrary to WTO rules." Beijing has termed the moves discriminatory, and responded with similar actions as the standoff intensifies.

Organizations: Ministry of Foreign Affairs, Shanghai Cooperation Organization, European Union Locations: Beijing, China, Western, Iran, Russia, Islamabad, India, Pakistan, United States, Canada

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