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☆ Russia targets Ukraine’s power grid in ‘massive’ missile strike, officials say
▼ + stars: | 2024-11-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

KYIV — Blasts rang out across Ukraine’s capital Kyiv and other cities early on Sunday, as Russia staged its biggest missile attack since August and targeted power facilities with the winter setting in, officials said. “Another massive attack on the power system is under way. The enemy is attacking electricity generation and transmission facilities throughout Ukraine,” Ukrainian Energy Minister German Galushchenko wrote on Facebook. Officials often withhold information on the state of the power system because of the war. In Kyiv, the roof of a residential building caught fire due to falling debris and at least two people were hurt, city officials said on the Telegram messaging app.

Persons: German Galushchenko, extinguishes, ”, Andrii Sybiha, Vladimir Putin, Olaf Scholz, Poland “, Vitali Klitschko Organizations: Ukrainian Energy, German, Facebook, Ukrainian Emergency, AFP, HANDOUT, Getty, Authorities, NATO Locations: Kyiv, Russia, Ukraine, Mykolaiv, Handout, AFP, Dnipropetrovsk, Volyn, Zaporizhzhia, Odesa, Kryvyi, Rivne, Poland

The sketch comedy showcase presented its version of the meeting between outgoing president Joe Biden and Trump at the White House on Wednesday, portraying Trump's cabinet picks as unconventional. Carvey's Biden complained that his dog had been attacking foreign leaders who visit the White House — "every single one." Staying on topic, Trump noted, "I am very fastly picking the most epic cabinet of all time," he said. Repertory player Sarah Sherman portrayed Gaetz, who is Trump's choice to oversee the Department of Justice, which previously investigated him. “SNL” airs on NBC, a division of NBCUniversal, which is also the parent company of NBC News.

Persons: Donald Trump, Joe Biden, Trump, Trump's, James Austin Johnson, Biden, Dana Carvey, Carvey's Biden, Johnson's Trump, Elon, We've, Matt Gaetz, Kristi Noem, Sarah Sherman, Gaetz, Alec Baldwin, Robert F, Kennedy Jr, —, Baldwin's Kennedy, he'll, Jake Paul, podcaster Dugan, Marcello Hernández, PJ, Emil Wakim, Colin Jost, he's, xcx Organizations: White, Elon, RFK Jr, of Justice, Trump, SNL, NBC, NBC News Locations: Canada, Joe, Iran, NBCUniversal

☆ 4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help
▼ + stars: | 2024-11-17 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

AdvertisementHigh housing costs, driven in large part by a shortage of homes, are keeping inflation sticky. Economists say Trump's proposals are a mixed bag; some could help housing costs and some could hurt. Ultimately, housing policy experts and industry leaders say housing costs will largely depend on how much new supply can be delivered to the market, which is suffering from a severe shortage of homes. Federal housing assistanceDuring his first term, Trump repeatedly proposed major cuts to housing assistance for households with low incomes or members with disabilities. This would make it harder for lower-income Americans to afford homes and slow down affordable housing construction.

Persons: Trump, Donald Trump, Karoline Leavitt, Vance, Jim Tobin, Tobin, Maurice Page, JD Vance, they're, Anirban Basu, Biden, Ben Metcalf, Metcalf Organizations: Federal Reserve, Trump, National Association of Home Builders, Biden, Administration, Nevada Housing Coalition, Business, Energy, Associated Builders and Contractors, Economic, of New, Reserve, UC Berkeley, Immigrants, Republican Locations: Nevada , Arizona, Utah, of New York, China

☆ Netanyahu aide leaked classified document to influence public opinion on hostage negotiations, court says
▼ + stars: | 2024-11-17 | by ( Catherine Nicholls | Mike Schwartz | ) edition.cnn.com time to read: +2 min

CNN —An aide to Israeli Prime Minister Benjamin Netanyahu is alleged to have leaked classified information to foreign press in the hopes of influencing public opinion on hostage negotiations, according to a court release published Sunday. Eliezer Feldstein was arrested earlier this month for allegedly leaking “classified and sensitive intelligence information,” according to court documents. Sunday’s court release outlines more of the details surrounding this alleged leak. This came shortly after the Israeli military announced on September 1 that six Israeli hostages were killed in Gaza. Both cited Israeli intelligence sources and supported a narrative being pushed by Netanyahu at the time.

Persons: Benjamin Netanyahu, Eliezer Feldstein, Feldstein, Feldstein “, Netanyahu, Yair Lapid, Benny Gantz –, –, Gantz Organizations: CNN, Israel Defense Forces, United, Jewish, Minister’s Locations: Rishon Lezion, “, Gaza, Israeli, Germany’s

☆ Trump's trade restrictions could be good for American semiconductor jobs
▼ + stars: | 2024-11-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

AdvertisementThe tariffs Donald Trump proposed while campaigning could help create US semiconductor jobs. To be sure, the impacts of a tariff policy on chips could be mixed. He said that the federal government should have implemented tariffs instead to motivate global chipmakers to build more factories in the US, which would then create jobs. AdvertisementTo be sure, the impacts of a tariff policy on chips could be mixed. In August, the White House said that investments supported by CHIPS Act funding would help create 115,000 construction and manufacturing jobs.

Persons: Donald Trump, podcaster Joe Rogan, Trump, Jeff Koch, SemiAnalysis, Patrick Moorhead, Jeff Ferry, Ferry, Stephen Ezell, Ezell Organizations: US, Industry, Biden, Samsung, Coalition for, Prosperous, Semiconductor Industry Association —, Intel, Information Technology, Innovation Foundation, Apple Locations: Taiwan, China, South Korea, Prosperous America, Arizona, India, United States

☆ Weak shipbuilding could be the US Navy's Achilles' heel in a war with China
▼ + stars: | 2024-11-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +14 min

The US Navy faces critical shipbuilding problems that could hobble it in a war with China. China's commercial and military shipbuilding capacity overshadows the rest of the world. China has pursued shipbuilding dominance over the past few years, building a massive naval fleet. Long-term investments and solutions are needed to fix the US Navy's shipbuilding problems. US Navy photo by Mass Communication Specialist Seaman Erwinjacob Miciano/ReleasedThe US Navy's shipbuilding woes aren't new, and there simply isn't a quick fix.

Persons: Shelby Oakley, Oakley, Paula Zorensky, Gerald R, Petty, Alex Smedegard, Bryan Clark, who's, Mackenzie Eaglen, Seaman Wesley J, Bryan McGrath, Matthew Funaiole, McGrath, Seaman Erwinjacob Miciano, Lisa Franchetti, Franchetti, John Harris, Campbell Organizations: US Navy, US, Getty Images China, Newport News Daily Press, TNS, Navy, Huntington Ingalls Industries, General Dynamics, Marinette Marine Corporation, of, Pentagon, USS Enterprise, Getty Images Navy, Shipbuilders, GAO, Shelby, Norfolk Naval Shipyard Shipbuilders, Shipbuilders Council of America, Ford, Columbia, Hudson Institute, American Enterprise Institute, Communication, Jiangnan Shipyard, Shipyards, China State Shipbuilding Corporation, China Power, Center for Strategic, International Studies, People's Liberation Army, of Naval Intelligence, Technological, Department of Defense, Pacific . US Locations: China, US Navy, Virginia, Columbia, Shelby West, Jiangnan, Dalian, Huangpu Wenchong, Hong Kong, Hudong, Shanghai, Beijing, Taiwan, Pacific, Japan, South Korea

☆ Biden makes first presidential visit to the Amazon as incoming Trump administration poses a threat to climate fight
▼ + stars: | 2024-11-17 | by ( Kevin Liptak | ) edition.cnn.com time to read: +3 min

Standing on a dirt path with lush palms and other foliage behind him, Biden described the fight against climate change as a “defining” part of his presidency. And he pledged billions to help nations bolster resilience against climate change. President Joe Biden, in Marine One, takes part in an aerial tour of the Amazon during his visit to Manaus, Brazil, on November 17, 2024. Trump has already vowed to withdraw again from the Paris climate accord, which Biden entered back into when he took office four years ago. Trump and his team have pledged to ease restrictions on oil and gas exploration that Biden put in place.

Persons: Joe Biden, Donald Trump, Biden, Trump, “, ” Biden, ”, Saul Loeb Organizations: Rio de Janeiro CNN, Amazon, Marine, Rio Negro Locations: Rio de Janeiro, America, Manaus, Brazil, Marine, Paris, South America

☆ Russia hits power grid with one of its largest-ever attacks on Ukraine, foreign minister says
▼ + stars: | 2024-11-17 | by ( Sophie Tanno | Maria Kostenko | ) edition.cnn.com time to read: +1 min

CNN —Russia has launched one of the largest aerial attacks on Ukraine, Ukraine’s foreign minister said, hitting energy infrastructure across the country, killing at least two people, and causing widespread damage. Strikes were reported in several major cities, from Odesa in the south, Dnipro in the east to RIvne in the west. Ukraine’s President Volodymyr Zelensky said approximately 120 missiles and 90 drones were launched overnight in the Russian attack. Unfortunately, some facilities sustained damage from direct hits and falling debris,” Zelensky said Sunday morning. The Ukrainian leader added that some areas remain without power, which authorities are working to restore.

Persons: –, Andrii Sibyha, Sibyha, Vladimir Putin’s, Olaf Scholz, Putin, Volodymyr Zelensky, Zelensky Organizations: CNN, Authorities, Kyiv, Ukraine’s Locations: Russia, Ukraine, Odesa, Dnipro, RIvne, Kyiv –, Ukaine

☆ Biden, Xi agree that humans, not AI, should control nuclear arms
▼ + stars: | 2024-11-17 | by ( ) www.cnbc.com time to read: +3 min

"The two leaders affirmed the need to maintain human control over the decision to use nuclear weapons," the White House said in a statement. But it marks a first-of-its-kind step between the two countries in the discussion of two issues on which progress has been elusive: nuclear arms and artificial intelligence. Washington has been pushing Beijing for months to break a longstanding resistance to nuclear arms talks. Formal nuclear arms control negotiations have not been expected any time soon, despite U.S. concerns about China's rapid nuclear weapons build-up, even though semi-official exchanges have resumed. The U.S. defense department estimated last year that Beijing has 500 operational nuclear warheads and will probably field more than 1,000 by 2030.

Persons: Joe Biden, Xi Jinping, Biden Organizations: Economic Cooperation, White, U.S, United, Pentagon Locations: Asia, Lima , Peru, Washington, Beijing, China, United States, Geneva, U.S, Russia, North Korea

☆ Democrats are hoping blue states can hold the line in their battle against Trump's second-term agenda
▼ + stars: | 2024-11-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

AdvertisementDemocrats hope blue states can be the party's redoubt against Trump's second term. Democrats are also lining up lawyers to stymie Trump's agenda and planning for 2028. And as Trump's first term progressed, Democrats remained laser-focused on opposing him. The newspaper reported that advocacy groups are rallying hundreds of attorneys to fight Trump's agenda from the start of the president-elect's second term. Pritzker pledged to work with the Trump administration but also called himself a "warrior" for his state.

Persons: stymie, Kamala Harris, Joe Biden, Donald Trump, Trump's, Skye Perryman, Harris, Trump, Gavin Newsom, JB Pritzker, Gretchen Whitmer, Newsom, Pritzker, Illinoisans, Whitmer Organizations: White, Democratic Party, Democratic, The New York Times, Trump, US Supreme, Times, Democracy, Illinois, Michigan Locations: Washington, California, Michigan, Illinois, Sacramento

☆ Biden allows Ukraine to use U.S. arms to strike inside Russia
▼ + stars: | 2024-11-17 | by ( ) www.cnbc.com time to read: +4 min

Ukraine plans to conduct its first long-range attacks in the coming days, the sources said, without revealing details due to operational security concerns. Russia has warned that it would see a move to loosen the limits on Ukraine's use of U.S. weapons as a major escalation. Some congressional Republicans had urged Biden to loosen the rules on how Ukraine can use U.S.-provided weapons. Russia is advancing at its fastest rate since 2022 despite taking heavy losses, and Ukraine said it had clashed with some of those North Korean troops deployed to Kursk. Despite Zelenskiy's pleas, the White House had been reluctant to allow U.S.-supplied weapons to be used to strike targets deep inside Russia for fear this could escalate the conflict.

Persons: Joe Biden, Volodymyr Zelenskyy, Joe Biden's, Donald Trump, Trump, Richard Grenell, Grenell, Biden, Zelenskiy, Alex Plitsas, Radoslaw Sikorski, Putin, Sikorski Organizations: U.S, State Department, Trump, Biden, Korean, Atlantic Council, Bradley Fighting Vehicles, Abrams Tanks, White Locations: Ukraine, Kyiv, Russia, Korean, Washington, Ukrainian, U.S, Kursk, HIMARS

☆ How different a commander in chief will Trump be?
▼ + stars: | 2024-11-17 | by ( Peter Bergen | ) edition.cnn.com time to read: +27 min

On the face of it, there are sizable differences in foreign policy between Trump and President Joe Biden. In October, the Biden administration again helped to intercept a barrage of around 200 Iranian ballistic missiles, which also caused minimal damage to targets in Israel. Bringing US troops homeIn 2020, the Trump administration signed a US withdrawal agreement from Afghanistan with the Taliban. But after McMaster was pushed out of office in 2018, the Trump administration negotiated with the Taliban the withdrawal agreement of all US forces from Afghanistan. Nonetheless, the incoming Trump administration seems intent on resurrecting Schedule F, an executive order issued in the last months of the first Trump term.

Persons: sneezes, Trump, Donald Trump’s, Joe Biden, —, Biden, Trump’s, shored, Donald Trump, Xi Jinping, Andrew Harnik, ”, Benjamin Netanyahu, Netanyahu, Ahmad Gharabli, Israel, Jared Kushner, Qasem Soleimani, Mike Huckabee, Israel — Huckabee, David Friedman, Reagan, JD Vance —, H.R, McMaster, Nikki Haley, Mike Pompeo, Haley, Pompeo, Elise Stefanik, Mike Waltz, Florida, George W, Bush, Pete Hegseth —, Lloyd Austin, Jim Mattis, Robert Gates, John Ratcliffe of, Tulsi Gabbard, Vladimir Putin, Basher al, Assad, Putin, Diego Fedele, Ukraine doesn’t, John Bolton, Mark Rutte, Tom Homan, Homan, ” Trump, CNN’s Priscilla Alvarez, “ It’s, Maura Healey, Stephen Miller, CBS’s, Camp David, It’s, Kim Jong Un Organizations: CNN, Trump, NATO, Ukraine, White, of, Biden, CIA, Liberation Army, Center for Strategic, International Studies, Obama, Getty, West Bank, Abraham Accords, Arkansas Gov, US Defense Intelligence Agency, ISIS, McMaster, UN, GOP, Republican, Special, House Armed Services Committee, Pentagon, Fox News, Senate, Republicans, US Civil, Policy, State Department, Department of Homeland Security, Policy Institute, Rep, House Intelligence, NATO Trump, US Congressional Research Service, Joint Assault Brigade, National Police, of Homeland, American Immigration Council, NBC News, US Bureau of Prisons, Massachusetts Gov, National Guard, Congress, Washington Post, H.R, North, America Locations: Paris, Russia, China, Beijing, South China, United Kingdom, Australia, Taiwan, Washington, United States, Gaza, Lebanon, Iran, Iranian, Syria, Israel, Yemen, Jerusalem, AFP, Iraq, Saudi Arabia, Afghanistan, Pakistan, John Ratcliffe of Texas, Hawaii, Ukraine, Dnipro, Soviet, Toretsk, Crimea, Japan, NATO, “ Russia, Baltic, Western Europe, ”, Korean, North Korean

☆ Russia targets Ukraine's power grid in 'massive' missile strike, officials say
▼ + stars: | 2024-11-17 | by ( ) www.cnbc.com time to read: +3 min

Blasts rang out across Ukraine's capital Kyiv and other cities early on Sunday, as Russia staged its biggest missile attack since August and targeted power facilities with the winter setting in, officials said. "Another massive attack on the power system is under way. Officials often withhold information on the state of the power system because of the war. "Russia launched one of the largest air attacks: drones and missiles against peaceful cities, sleeping civilians, critical infrastructure," said Foreign Minister Andrii Sybiha. In Kyiv, the roof of a residential building caught fire due to falling debris and at least two people were hurt, city officials said on the Telegram messaging app.

Persons: German Galushchenko, Andrii Sybiha, Vladimir Putin, Olaf Scholz, Vitali Klitschko Organizations: Ukrainian Energy, German, Facebook, Authorities, NATO Locations: Kyiv, Russia, Ukraine, Dnipropetrovsk, Volyn, Mykolaiv, Zaporizhzhia, Odesa, Kryvyi, Rivne, Poland

☆ Will Tulsi Gabbard bring a pro-Russian bias to intelligence reporting?
▼ + stars: | 2024-11-16 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +8 min

Former Rep. Tulsi Gabbard, D-Hawaii, at the Faith & Freedom Coalition's 2024 Road to Majority Conference, in Washington, DC., on June 21. But current and former intelligence officials fear that Gabbard will refuse to relay intelligence reporting that doesn’t fit in with her — or the president’s — worldview. “Would that predisposition translate into pressure on analysis to fit the administration’s policy goals?” one senior former intelligence official said. “We’ll see.”Previous administrations have clashed with the CIA and intelligence agencies over assessments that didn’t support their policy agendas or their views about a particular threat or an adversary’s intentions. The DNI’s job “is to define the world as it is, as opposed to advocating for a world as you want it to be,” the former intelligence official said.

Persons: Tulsi Gabbard, “, ”, Gabbard, Michael Brochstein, Donald Trump’s, George W, Saddam, Trump, Vladimir Putin, Bashar al, Assad, ” Gabbard, Syria’s Assad, Matt Gaetz, autocrats, Putin, Egypt’s Abdel Fattah el, Sissi, Narendra Modi, Modi, Jason Crow, ” Crow Organizations: NATO, Former, Faith, Majority Conference, Senate, CIA, Democratic, Indian, Modi, House Intelligence, NBC News Locations: Russia, Ukraine, Kyiv, Hawaii, Western, Washington ,, Former U.S, New Hampshire, Syria, Washington, Ukrainian, DNI, Cairo, United States, U.S, autocrats, United Kingdom, Australia, Canada, New Zealand

I’m tripping over their bodies,” said Sydney Seiler, the U.S. national intelligence officer for North Korea from 2020 to 2023. “Kim Jong Un is selling North Korean soldiers as cannon fodder mercenaries,” South Korean Defense Minister Kim Yong-hyun said last month. It’s an entirely new environment for the North Korean soldiers, who live in one of the most isolated and repressive countries in the world. The Russian military is teaching the North Korean soldiers about 100 key military terms, but “North Koreans are having a difficult time learning Russian,” South Korean lawmakers Lee Sung-kwon and Park Sun-won said last month. North Korean soldiers’ inexperience could be another point of friction and a major factor in how they are deployed.

Persons: Kim Jong Un, Vladimir Putin, Putin, ”, Sydney Seiler, Seiler, Gavriil, Joe Biden, Yoon Suk Yeol, Shigeru Ishiba, Kim, “ Kim Jong, Kim Yong, hyun, John Hardie, Lee Sung, Bruce Bennett, ” Hardie, Bennett, ” Bennett, Edward Howell, “, ” Howell, Stella Kim Organizations: Ukraine, North, NBC News, U.S, The State Department, Korea’s National Intelligence Service, NBC, Center for Strategic, International Studies, Getty Images, Economic Cooperation, South Korean Defense, Pentagon, Politico, South Korea’s National Intelligence Service, North Korean, South Korean National Intelligence Service, AFP, Getty, Korean, Battalion, Russian Ministry of Defense, Foundation for Defense of Democracies, South, Sun, Rand Corp . Communication, Chatham House Locations: SEOUL, South Korea, Ukraine, Moscow, Russia, U.S, North Korea, Russian, Kursk, Korean, Korea, Washington, Pyongyang, Getty Images North Korea, South, Asia, Lima , Peru, The U.S, California, Ukrainian, London, Seoul, Hong Kong

☆ As weddings become more expensive, guests are paying more in costs as well
▼ + stars: | 2024-11-16 | by ( Leah Asmelash | ) edition.cnn.com time to read: +12 min

As an unwed woman and frequent wedding guest in 2024, I am maybe too attuned to the ways weddings have become increasingly extravagant. On Reddit, one user noted that being a bridesmaid in her best friend’s wedding in a Scandinavian town, where the friend’s family is from, is going to run her $8,000. And some guests are being denied plus-ones, making attending the wedding less of a joy and more of a dutiful chore. Even in times of high inflation, like now, while some may try to cut back, expensive weddings prevail. Weddings are the rare time in life where everyone you care about will likely come together — friends, family and loved ones.

Persons: Rutherford B, Hayes, Lucy Webb, Webb, Katherine Jellison, ” Jellison, I’ll, I’ve, I’m, ”, weren’t, Jellison, “, you’re, there’s, We've, DP, Anni Jones, “ We’ve, Styles, Nova Styles, ” Nova, ” Reemo, –, influencers –, It’s, Taylor Alxndr, Aurie Singletary Taylor Alxndr, Alxndr Organizations: CNN, Ohio University Locations: Cincinnati, Greece, ”, Prague, y’know, Manhattan, New York, Atlanta

☆ Trump looms over Biden’s final meeting with Xi in Peru
▼ + stars: | 2024-11-16 | by ( Kevin Liptak | ) edition.cnn.com time to read: +7 min

In the end, looking backward may be more productive for Biden and Xi than trying to predict what’s next for their two nations. Biden administration officials acknowledge they have little insight into what a notoriously unpredictable leader might be planning. What Biden can do, they argue, is reiterate to Xi the value of maintaining communication, even amid the expected contention. A key counterweight could be Biden’s legacyHow Trump confronts those threats is not something he’s discussed at great length, at least as a candidate. It’s also an area his aides believe could — and should — be continued by the incoming Trump administration, though acknowledging they have little to go on when it comes to the president-elect’s intentions.

Persons: Joe Biden, Xi Jinping, Xi, Donald Trump’s, that’s, Biden, “, Trump, Robert F, Kennedy, Jr, Tulsi Gabbard, Pete Hegseth, Matt Gaetz, He’s, there’s, Xi’s, ”, Jake Sullivan, aren’t, China’s, —, Obama, he’s, Russia’s Vladimir Putin, It’s, Korea’s Yoon Suk, Shigeru Ishiba Organizations: Peru CNN —, Biden, White, APEC, Xinhua, Mar, Lima Convention Center, Trump Trump, Ukraine Locations: Lima, Peru, Chengdu, China, Washington, Beijing, United States, Bali, San Francisco, Taiwan, Ukraine, Russia, Iran, North Korea, Pyongyang, Japan, South Korea, Tokyo, Seoul, East Asia

☆ During meeting with Biden, China's Xi cautions the U.S. to 'make the wise choice' to keep relations stable
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +7 min

U.S. President Joe Biden meets with China's President Xi Jinping on the sidelines of the APEC Summit in Lima, Peru, on Nov. 16, 2024. Biden was expected to urge Xi to dissuade North Korea from further deepening its support for Russia's war on Ukraine. In front of the cameras Saturday, Xi spoke to Biden — but it was unmistakable that his message was directed at Trump. After he was greeted by Xi, Biden ignored shouted questions from reporters on his concerns about the incoming Trump administration as well as North Korea. Biden is looking for Xi to step up Chinese engagement to prevent an already dangerous moment with North Korea from further escalating.

Persons: Joe Biden, Xi Jinping, Donald Trump, Xi, Biden, haven't, We've, Trump, Warby Parker, Steve Madden, Kamala Harris, Jake Sullivan, Yoon Seok Yul, Shigeru Ishiba, Kim Jong, Pyongyang's, Kim Organizations: APEC, U.S, Economic Cooperation, U.S ., China -, Conference Center, Nike, Trump, White House, FBI, Ukraine, South, North, The North Locations: Lima , Peru, Beijing, U.S, Asia, China, North Korea, Ukraine, Lima's, Northern California, Russia, Taiwan, Moscow, United States, Russia's Kursk, Pyongyang, The, The North Koreans, Japan, South Korea, Xi, Peru

☆ Why your next new car could very well cost more than $50,000
▼ + stars: | 2024-11-16 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

Americans paid a whopping $47,612 on average for a new car in October, according to data from Edmunds. That means new car prices have risen much faster than most goods and services. But much of the reason Americans are paying nearly $50k for a car is that automakers decided to go all-in on expensive cars. The combination of higher interest rates and higher car prices, along with the biggest average loans ever taken out to buy them, lifted the average monthly car payment to $742 in October. And that would make every car built in America more expensive, because no vehicle is made with 100% American parts.

Persons: New York CNN — It’s, That’s, Buyers, ”, Ivan Drury, “, didn’t, Charlie Chesbrough, Drury, –, ” Drury, Donald Trump, Jeff Schuster, GlobalData, They’re Organizations: New, New York CNN, Cox Automotive, Nissan, Infiniti, General Motors, Ford, Jeep, Dodge, Chrysler, GM, Federal Reserve Locations: New York, Edmunds, American, United States, Stellantis, Mexico, America

☆ Iran ‘categorically denies’ UN envoy met Elon Musk
▼ + stars: | 2024-11-16 | by ( Mostafa Salem | ) edition.cnn.com time to read: +2 min

The New York Times reported the meeting took place earlier this week, citing two Iranian officials. But Iran’s foreign ministry spokesperson Esmaeil Baghaei “categorically denied” that a meeting took place and was “surprised” by the coverage in US media, state-run IRNA said. CNN has reached out to Musk, Trump’s transition team and the Iranian mission at the UN for confirmation of the meeting. Just last week, the day after the presidential election, Musk joined Trump’s call with Ukrainian President Volodymyr Zelensky, according to two sources. Trump announced Tuesday that Musk and Vivek Ramaswamy will lead a new “Department of Government Efficiency” in his second administration.

Persons: CNN —, Elon Musk, Donald Trump, Esmaeil Baghaei “, ”, IRNA, Amir Saeid Iravani, Musk, Volodymyr Zelensky, Trump, Zelensky, Vivek Ramaswamy, Government ”, –, Republicans – Organizations: CNN, United Nations, Elon, The New York Times, The Times, UN, Trump, “ Department, Government, NASA, Republicans Locations: Iranian, New York, Starlink, Ukraine, Russia, Government

☆ Georgia election chief doused in paint as protests continue after divisive parliamentary vote
▼ + stars: | 2024-11-16 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

Tblisi, Georgia AP —The head of Georgia’s Central Electoral Commission was doused with black paint Saturday at a meeting to confirm the results of the country’s divisive Oct. 26 parliamentary elections. Protesters gathered outside the commission’s building in Tbilisi, where officials announced that the ruling Georgian Dream party had won 53.93% of the vote. Opposition supporters have rejected the results amid allegations that the vote was rigged, an accusation that Georgian Dream denies. Critics have accused the ruling Georgian Dream, established by Bidzina Ivanishvili, a shadowy billionaire who made his fortune in Russia, of becoming increasingly authoritarian and tilted toward Moscow. Zourabichvili, who holds a mostly ceremonial position, has urged the United States and EU to support the demonstrations.

Persons: David Kirtadze, Giorgi Kalandarishvili, Kirtadze, Kalandarishvili, ” Kalandarishvili, ”, Critics, Bidzina Ivanishvili, Salome Zourabichvili, Zourabichvili Organizations: Georgia AP, Georgia’s, Electoral, Protesters, United National Movement, European Union, Kremlin, EU Locations: Tblisi, Georgia, Tbilisi, Georgian, Russia, Moscow, United States, Washington, Brussels

☆ America's defeat in Vietnam offers a game plan for Ukrainian victory
▼ + stars: | 2024-11-16 | by ( ) www.businessinsider.com time to read: +7 min

Ukraine can defeat Russia if it and its Western backers learn from America's failure in the Vietnam War, a Ukrainian security expert argues. Danylyuk attributes America's failure in Vietnam to a "protracted multi-dimensional strategy by the Soviet Union, on whose help it was completely dependent." Crucial ways to defeat Russia's invasion can be found in the Soviet Union's multi-pronged strategy in Vietnam, analyst Oleksandr Danylyuk says. AP Photo/John T. WheelerThe first prong of this strategy would be to "stabilize the frontline and to render any successful offensive actions by Russian troops impossible." "The only explanation for the lack of a mass anti-war movement and large-scale protests is the absence of an organized and popular opposition in Russia," Danylyuk said.

Persons: Ukraine's, Oleksandr Danylyuk, Danylyuk, Johnson, Nixon, John T, Wheeler, Vladimir Putin's, Michael Peck Organizations: Ukraine, Royal United Services Institute, Ukrainian, Soviet, Communist bloc, AP, Gripen, Meteor, MiG, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Soviet, Vietnam, Ukraine, Russia, Ukrainian, British, China, Soviet Union, Hanoi, Saigon, South Vietnam, Vietnam's, Viet, Moscow, Saudi Arabia, Russian, Kabul, Forbes

☆ T-Mobile hacked in massive Chinese breach of telecom networks, WSJ reports
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +1 min

A person walks by a T-Mobile retail store on May 28, 2024 in San Francisco, California. T-Mobile 's network was among the systems hacked in a damaging Chinese cyber-espionage operation that gained entry into multiple U.S. and international telecommunications companies, The Wall Street Journal reported on Friday citing people familiar with the matter. "At this time, T-Mobile systems and data have not been impacted in any significant way, and we have no evidence of impacts to customer information." It was unclear what information, if any, was taken about T-Mobile customers' calls and communications records, according to the WSJ report. Earlier in October, the Journal reported that Chinese hackers accessed the networks of U.S. broadband providers, including Verizon Communications , AT&T and Lumen Technologies , and obtained information from systems the federal government uses for court-authorized wiretapping.

Persons: CISA Organizations: Mobile, Street, Reuters, Federal Bureau of Investigation, U.S, Verizon Communications, Lumen Technologies Locations: San Francisco , California, China, Beijing

☆ I moved to the UK to be with my husband but it ended in divorce. I could never move abroad for love again.
▼ + stars: | 2024-11-16 | by ( ) www.businessinsider.com time to read: +4 min

I left my family, friends, and home state of Minnesota and moved abroad to the UK in 2016 in the name of love. My now ex-husband was British, and I'd finally been granted a spouse visa to live with him shortly after we eloped. Between my original spouse visa, which I obtained in 2016, and my spouse visa renewal in 2019, I spent about $6,300 today. AdvertisementSince I've been divorced, I've rebuilt my life, embarked on a new career, and even moved abroad twice more — to Australia and, most recently, New Zealand. If I hadn't moved abroad to the UK for love, it wouldn't have shown me how strong I really am.

Persons: I'd, —, I've Locations: Minnesota, British, Australia, New Zealand

☆ Americans moving to Canada should be aware of these 4 tax and investment implications
▼ + stars: | 2024-11-16 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

AdvertisementInterest in moving to Canada has spiked among Americans after the election. Advertisement"I think sometimes it can be a knee-jerk reaction," Woodfield said of moving to Canada. AdvertisementTo prevent ex-pats from getting taxed twice on their income, the US and Canada have a tax treaty that provides a foreign income tax credit for any income tax paid to the other country, Woodfield explained. You also don't have the option to file joint income tax returns with your spouse in Canada, Woodfield warned. AdvertisementThe earlier you start preparing for your cross-border move, the better — ideally, one to two tax years before moving, Woodfield said.

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