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TEL AVIV — Senior White House officials will travel to Israel on Thursday, a U.S. official and a source briefed on the matter told NBC News, as the Biden administration intensifies efforts to end the conflicts in Lebanon and the Gaza Strip. The officials are expected to meet with Prime Minister Benjamin Netanyahu to discuss the possibility of a deal to end the fighting in Lebanon, the source said. Brett McGurk, National Security Council coordinator for the Middle East, and Amos Hochstein, a U.S. special envoy with a focus on Lebanon, are also expected to meet other senior Israeli officials, the source said. McGurk and Hochstein will engage the U.S. ally on a range of issues including Gaza, Lebanon, hostages and Iran, the U.S. official said. But the visit of McGurk and Hochstein comes amid growing optimism in Israel that a cease-fire with Hezbollah in Lebanon could now be reached without a deal to end the war in Gaza.

Persons: Biden, Benjamin Netanyahu, Brett McGurk, Amos Hochstein, McGurk, Hochstein, Michael “ Erik ” Kurilla, William Burns, Hassan Nasrallah, ” Organizations: TEL AVIV — Senior White House, U.S, NBC, National Security, U.S . Central Command, CIA Locations: TEL, Israel, Lebanon, Gaza, U.S, Iran, Cairo, Hezbollah

☆ A familiar-looking Houthi torpedo could be derived from captured US tech, analysts say
▼ + stars: | 2024-10-30 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

The weapon resembles a US sea drone the group captured years ago, analysts told BI. AdvertisementThe Houthi rebels in Yemen have a new torpedo to show off — and it looks familiar. Martin Kelly of the UK advisory firm EOS Risk Group, said the torpedo could derive from a US REMUS 600 drone lost in 2018. Houthi forcesPer Kelly, Iranian scientists could have turned a captive example into a "blueprint" for the homegrown weapon seen this week. He told BI that the torpedo looked like models put on display at an Iranian navy exhibition in Tehran in December 2023.

Persons: —, Al Qar'iah, Martin Kelly, REMUS, US REMUS, Per Kelly, Kelly, Mohammed Albasha Organizations: Service, EOS Risk, US MIM, US, US Defense Intelligence Agency, Geneva Graduate Institute, BI, US Navy, Pentagon, Drewry Locations: Iran, Yemen, US, Russia, Ukraine, Tehran, Iranian, Red, Israel, Gaza, Albasha

☆ Up to 35 ISIS operatives killed in US strikes in Syria, US military says
▼ + stars: | 2024-10-30 | by ( Haley Britzky | ) edition.cnn.com time to read: +2 min

CNN —Up to 35 ISIS operatives were killed in US strikes against multiple ISIS camps in Syria on Monday evening, the US military announced on Wednesday. “US Central Command forces conducted a series of strikes against several known ISIS camps in Syria, in the early evening of Oct. 28, resulting in up to 35 ISIS operatives killed,” the release, posted on X, said. “The strikes targeted multiple ISIS locations in the Syrian desert, targeting multiple ISIS senior leaders.”It is unclear if the targeted senior leaders were included in the 35 operatives killed. Monday’s strikes are the latest in what appears to be an uptick of operations against ISIS in the Middle East, which have now resulted in dozens of operatives being killed. Earlier this month, Iraqi Security Forces killed four ISIS members, including a senior leader.

Persons: “, CENTCOM, Sabrina Singh Organizations: CNN, ISIS, Central Command, Pentagon, Walter Reed Medical Center, Iraqi Security Forces, Iraq Locations: Syria, Iraq, Anbar, Iraqi

☆ Stocks making the biggest moves premarket: Eli Lilly, Caterpillar, VinFast, Alphabet and more
▼ + stars: | 2024-10-30 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Eli Lilly — The drug maker tumbled 7.5% after missing analyst expectations for the third quarter and cutting full-year guidance. Eli Lilly earned $1.18 per share, excluding items, on $11.44 billion in revenue. Analysts polled by LSEG had anticipated earnings of $1.47 a share and $12.11 billion in revenue. Caterpillar — Shares fell more than 5% in the premarket after the industrial giant reported weaker-than-expected earnings for the third quarter. The company posted a profit of $5.17 per share, while analysts polled by LSEG had forecast earnings of $5.34 per share.

Persons: Eli Lilly, LSEG, XPO, FactSet, Qorvo, Raymond James, Reddit, —, Jesse Pound, Sarah Min, Sean Conlon, Michelle Fox, Samantha Subin, Fred Imbert Organizations: Caterpillar, Revenue, Bloomberg, Emirates, Google, Visa, AMD

☆ The stunning maneuvers flown by US Air Force demo pilots showcase dogfighting skills
▼ + stars: | 2024-10-30 | by ( Lauren Frias | ) www.businessinsider.com time to read: +8 min

US Air Force demo pilots perform airshow stunts derived from real-world combat training. Air Force demo pilots shared what it's like to wow audiences with skills used on the battlefield. But for Air Force demonstration pilots, these techniques aren't just crowd-pleasers. F-16 Fighting Falcon aircraft with the US Air Force Thunderbirds Air Demonstration Squadron fly in close formation. US Air Force photo/Tech.

Persons: —, aren't, Tyler, Clark, Sgt, Patrick Evenson, Lockheed Martin, Jeffrey " Simmer, Downie, there's, Christopher Boitz, Samuel " RaZZ, Larson, " Larson, Greg Mathieson, Mai, Nicholas, Laz, Le, Le Tourneau, Raz, Robert Laberge, that's Organizations: US Air Force, Air Force, Service, Air, Business, Pacific, US Air Force Thunderbirds Air Demonstration Squadron, US Air National Guard, Thunderbirds, Lockheed, Thunderbird, Freedom Sentinel, North American Aerospace Defense Command, Getty Images Air Force, Air Forces, Air National Guard, Guard Locations: Huntington Beach , California, Ukraine, Afghanistan, Middle East, Alaska

☆ We are connecting China with the rest of the world, HKEX CEO says
▼ + stars: | 2024-10-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are connecting China with the rest of the world, HKEX CEO saysBonnie Chan, CEO of the Hong Kong Exchange, discusses the upcoming opening of the company's office in Riyadh in 2025, which will be undertaken in a bid to boost ties between China and the Middle East.

Persons: Bonnie Chan Organizations: Hong Kong Exchange Locations: China, Riyadh

☆ The US is in a technological arms race with China, Air Force secretary says, and AI could decide who wins
▼ + stars: | 2024-10-30 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

The focus on advanced technologies has put the two countries into a different kind of arms race. The US Air Force secretary suggested that AI could be decisive in future warfare. On Tuesday, Air Force Secretary Frank Kendall said China has been effectively modernizing the People's Liberation Army, fielding systems with the intent of challenging US forces, especially its high-value combat assets like carriers and satellites. China has built up its Rocket Force, developing capabilities that put US military assets at military bases and airfields across the Indo-Pacific within striking range. The Air Force secretary said that he doesn't think people who say that AI is "going to determine who's the winner in the next battlefield" are "all that far off."

Persons: —, Frank Kendall, Kendall, Xi Jinping, Sarah Weinstein, Giancarlo Casem Organizations: US Air Force, Service, Air Force, People's Liberation Army, Microelectronics, National Semiconductor Technology, PLA, Eastern Theater Command, Weibo, Department of Defense, Rocket Force, Navy, DARPA, USAF, Marines Locations: China, Taiwan, Beijing, Ukraine

☆ Saudi sovereign wealth fund announces $2 billion deal for new Brookfield Middle East platform
▼ + stars: | 2024-10-30 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Saudi Arabia's Public Investment Fund on Wednesday signed a memorandum of understanding with Brookfield Asset Management, under which the wealth fund will serve as a strategic anchor investor for the asset manager's newly announced private equity vehicle for the region, Brookfield Middle East Partners. Signed at the eighth edition of Future Investment Initiative, Saudi Arabia's flagship annual economic conference in Riyadh, the non-binding agreement marks the kingdom's latest push for financial partnerships that boost private equity investment and economic development within its borders. The move is in line with Saudi Arabia's recently-updated Investment Law, which seeks to attract more foreign direct investment — it's set itself a lofty target of $100 billion in annual FDI by 2030. Currently, that figure has averaged around $12 billion per year since Vision 2030 was announced in 2017, according to data from the kingdom's investment ministry — still a long way from that goal. The PIF, the kingdom's $925 billion sovereign wealth fund, has deployed billions in capital around the world as it aims to diversify Saudi Arabia's revenue streams away from oil, materializing the central goal of Crown Prince Mohammed bin Salman's Vision 2030 campaign.

Persons: —, Prince Mohammed bin Salman's, Yasir al Rumayyan, Bruce Flatt Organizations: Saudi, Public Investment Fund, Wednesday, Brookfield Asset Management, Brookfield Middle East Partners, Future Investment Initiative, Saudi Arabia's, Brookfield, Brookfield Academy Locations: Riyadh, Saudi Arabia, Saudi

☆ Shake Shack CEO talks expansion goals as shares climb after earnings beat: 'Now's our opportunity'
▼ + stars: | 2024-10-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

My goal is to bring Shake Shack to the world," Lynch said. "I don't think there is a competitor for Shake Shack. We talk about ourselves as being a part of the fine casual movement; leading the fine casual movement." Nearing ten years on the market, Shake Shack started business in New York City as part of Danny Meyer's restaurant empire. "Now's our opportunity to leverage all of that and start opening up new markets and bringing Shake Shack to a lot more countries."

Persons: CNBC's Jim Cramer, Shake, Rob Lynch, " Lynch, Shack, Danny Meyer's, Meyer, Lynch Organizations: Shake Shack, Shake, Square Cafe, Michelin, Gramercy, Wednesday Locations: New York City, New York, California, JFK, LaGuardia, Newark, East, Asia, Europe

☆ Oil prices steady on shrinking U.S. crude inventories
▼ + stars: | 2024-10-30 | by ( ) www.cnbc.com time to read: +1 min

Oil prices stabilized on Wednesday on industry data showing a surprise drop in U.S. crude and gasoline inventories, following two previous sessions of losses on the prospect of hostilities easing in the Middle East. U.S. crude oil and fuel stocks fell last week, market sources said on Tuesday, citing American Petroleum Institute figures. Crude stocks dipped by 573,000 barrels in the week ended Oct. 25, the sources said on condition of anonymity. Gasoline inventories lost 282,000 barrels, and distillate stocks fell by 1.46 million barrels, the sources said. On Monday, prices lost about 6% after Israel's retaliatory strike on Iran over the weekend missed Tehran's oil infrastructure.

Persons: Benjamin Netanyahu Organizations: Brent, . West Texas, American Petroleum Institute, Reuters, U.S, Israeli Locations: Midland , Texas, Lebanon, Iran

☆ One week out from the election, Jared Kushner and Ivanka Trump still say they're set on moving on from Trumpworld
▼ + stars: | 2024-10-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Jared Kushner and Ivanka Trump were advisors to Donald Trump when he was in office. Her husband, Jared Kushner, says they're "rooting for" Trump but will not return to politics if he wins. Kushner told The Times that if Trump is elected, he does not expect "a major shift in terms of what we prioritize." I do not plan to be involved in politics," Ivanka told Fox News Digital after she skipped Trump's 2024 campaign launch. I think you have to either be all in or all out," Ivanka told the podcaster Lex Fridman in an episode that aired in July.

Persons: Jared Kushner, Ivanka Trump, Donald Trump, Ivanka, Trump, —, Kushner, Ambani, Arabella Rose Kushner, Carbone, Lex Fridman, it's Organizations: Service, The New York Times, The Times, Times, Fox News Digital, Business Insider, Republican National Convention, Miami Grand Prix, Affinity Partners Locations: Washington, India, Saudi Arabia

☆ Gold just keeps breaking records and Goldman says it has another 10% to go
▼ + stars: | 2024-10-30 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Gold's record-breaking rally may have even more room to run, according to Goldman Sachs. Analyst Lina Thomas forecasts the commodity will rise around 10% by December 2025, hitting the $3,000 threshold in that period. After advancing to a fresh record last week , spot gold reached an all-time high on Wednesday. "We still see significant hedging value in long gold positions in geopolitical or macroeconomic scenarios that are less friendly for equity-bond portfolios than our soft landing base case," she wrote. That said, she anticipates demand moderation could also allow for more upside.

Persons: Goldman Sachs, Lina Thomas, Thomas Organizations: U.S Locations: Russia, Ukraine, London

Legal experts say an attempt to overturn the 2024 election results would be more difficult than in 2020. And a lost Chopin waltz is discovered after 200 years. Legal experts say those changes would make another attempt to overturn the result of the election much more difficult and unlikely. If Trump attempted to overturn the election result in Congress, he’d be up against the bipartisan Electoral Count Reform Act. This election season, voters said they are disillusioned by both major parties, especially over the handling of the war in Gaza.

Persons: Andrea Mitchell, Antony Blinken’s, Chopin, Donald Trump, Trump, he’d, Matthew Sanderson, Kamala Harris, JD Vance, hadn’t, Tony Hinchcliffe, ”, Hinchcliffe —, ➡️ Elon Musk, Harris, ➡️ Jeff Bezos, “, WaPo, ➡️, Democratic Sen, Bob Casey of Pennsylvania, Isaac Herzog, Antony Blinken, Nathan Howard, Benjamin Netanyahu, Yahya Sinwar’s, Blinken, Brittany Randall, Kamberlyn Bowler, ” Randall, Freddie Freeman, Jay Johnston, Bob’s, Helene, Milton, Matthew Perry’s, Suzaenne Perry, Mustafa Hussain, Vanessa Leroy, — Zara Katz, Brooks, Jolie, Elizabeth Robinson Organizations: NBC, Trump, Count, Washington , D.C, Trump’s New, PAC, The Washington Post, Democratic, ➡️ Authorities, Getty, U.S, United Nations, West Bank ., CDC, Los Angeles Dodgers, New York Yankees, JPMorgan, Cuban, NBC News, American, RNC, Ninja Locations: Washington ,, Georgia, Trump’s New York City, Puerto Rico, Michigan, Portland , Oregon, Vancouver , Washington, Iran, Tel Aviv, AFP, Israel, Washington, Gaza, Lebanon, Beirut, U.S, Junction , Colorado, “, Dearborn , Michigan, Dearborn, Detroit

☆ Israeli soldiers forced Palestinian men to take off their clothes as they evacuated war-torn Jabalya, photo shows
▼ + stars: | 2024-10-29 | by ( Abeer Salman | Ivana Kottasová | ) edition.cnn.com time to read: +7 min

The photo, taken in Jabalya on Friday, shows residents of the refugee camp who tried to leave the area after being forced by the Israeli military to evacuate amid its ongoing ground operation there. The photo was first shared on an Israeli Telegram channel; while it is unclear who took it, several of the men in the picture told CNN Israeli soldiers were photographing them as they were being detained. They were insulting us during that time, calling us names, laughing and taking pictures,” the 27-year old told CNN. Jouri’s father Mohamad Abu Ward told CNN he was forced to strip to his underwear and was held for eight hours alongside Jouri. “Individuals suspected of involvement in terrorist activity are being detained and questioned,” the IDF told CNN in a statement.

Persons: There’s, Muhannad Khalaf, ”, Khalaf, Abu Ward, Mohamad Abu Ward, Israel, Balkees Jarrah Organizations: CNN, Israeli, Israel Defense Forces, Jouri, IDF, Cross, United Nations, International Commission of, Rights Watch, Amnesty International, Human Rights Watch Locations: Gaza, Jabalya, Gaza City, Northern Gaza, Geneva, Palestinian Territory, Israel

☆ McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts
▼ + stars: | 2024-10-29 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

McDonald's global sales fell for the second consecutive quarter, down 1.5%. AdvertisementGlobal sales at McDonald's have fallen for a second consecutive quarter as the fast-food chain struggled in international markets, especially France, the UK, China, and the Middle East. Sales were down 1.5% in its third quarter, following from a 1% slide in the previous quarter, ending June 30. Comparable sales in the US were virtually flat, up 0.3% from the same period in 2023, while sales in international markets dropped 2.1%. Sales in licensed international markets fell 3.5%.

Persons: —, Chris Kempczinski, Neil Saunders Organizations: Service, Consumers Locations: France, China, McDonald's

☆ McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
▼ + stars: | 2024-10-29 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

McDonald's on Tuesday reported quarterly earnings and revenue that beat analysts' expectations as its U.S. restaurants reversed last quarter's same-store sales decline. It's the second straight quarter that the company's same-store sales have fallen. U.S. same-store sales rose 0.3%, reversing last quarter's same-store sales declines but still slightly weaker than the 0.5% increase predicted by StreetAccount estimates. The company's two international divisions both reported steeper declines in same-store sales compared with the prior quarter. The international developmental licensed markets division reported same-store sales declines of 3.5%, driven by weak demand in the Middle East and China.

Persons: McDonald's, Ian Borden, Chris Kempczinski, Kempczinski Organizations: Health, LSEG Locations: France, Germany, Australia, East, China

☆ Ken Moelis: Middle East is one of the top IPO markets in the world right now
▼ + stars: | 2024-10-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKen Moelis: Middle East is one of the top IPO markets in the world right nowKen Moelis, Moelis & Co. founder, chairman and CEO, joins 'Money Movers' to discuss the excitement around investing in Saudi Arabia, Moelis' role in investing in Saudi Arabia, if geopolitical risks are hurting the prospects of investment in Saudi Arabia.

Persons: Ken Moelis, Moelis Locations: Saudi Arabia

☆ Israel’s strikes on Iran shattered a forty-year taboo. Tehran may now be forced to rethink its defense strategy
▼ + stars: | 2024-10-29 | by ( Mostafa Salem | ) edition.cnn.com time to read: +7 min

Israel openly said it conducted “precise strikes” on military targets in Iran. “Israel now has broader aerial freedom of operation in Iran,” Israel’s military spokesman Daniel Hagari said, touting achievements in the attack. The idea was that if Israel were to strike Iran, Tehran would retaliate by unleashing its militias against Israel. Iranian officials have repeatedly stated that they have no intention of weaponizing the country’s nuclear program, while simultaneously using its potential as leverage in negotiations with the West. “Even the more hawkish American presidents have not favored taking military strikes because the most likely outcome is that, at some point, that will make Iran turn nuclear,” Parsi said.

Persons: CNN —, Israel, Israel didn’t, “, ”, Daniel Hagari, Ayatollah Ali Khamenei, Benjamin Netanyahu, Nicole Grajewski, Hassan Nasrallah, ” Mohammad Ali Shabani, Amwaj.media, Trump, Fatemeh, Parsi, Grajewski Organizations: CNN, Schools, Iran’s, Quincy Institute, Responsible, Nuclear, Carnegie Endowment, International Peace, Israel, West, Bushehr Nuclear Power, Anadolu Agency, Getty Locations: CNN — Iran, Republic, Israel, Iran, Islamic Republic, Israeli, Damascus, “ Israel, Tehran, Washington, Syria, Israel’s, Gaza, Lebanon, London, Iraq, Bushehr

☆ Saudi Arabia is a 'key player' for Middle East stability, former U.S. diplomat says
▼ + stars: | 2024-10-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi Arabia is a 'key player' for Middle East stability, former U.S. diplomat saysJoseph Westphal, former U.S. ambassador to Saudi Arabia, says the U.S. has to become a more consistent friend to its allies and develop more strategic relationships with countries like Saudi Arabia.

Persons: Joseph Westphal Organizations: Saudi Locations: Saudi Arabia, U.S

☆ Hezbollah named its new leader, a long-serving deputy, after Israel killed his predecessor
▼ + stars: | 2024-10-29 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

Hezbollah on Tuesday named Naim Qassem as its chief after longtime leader Hassan Nasrallah was killed. AdvertisementHezbollah announced a new leader, Naim Qassem, after Israel killed both its longtime chief, Hassan Nasrallah, and the person who had been expected to succeed him. He was the deputy leader of the Lebanon-based militant group, and had been for decades. Qassem helped found Hezbollah in the 1980s and was first made its deputy leader in 1991 under Abbas al-Musawi. AdvertisementHe did not take over as leader when al-Musawi was killed in 1992, and remained deputy all through Nasrallah's 32-year stint.

Persons: Naim Qassem, Hassan Nasrallah, Qassem, —, Israel, Abbas, Musawi, Nasrallah, Hashem Safieddine, Safieddine Organizations: NBC, Service, NBC News, Amazon, US, US Department of State, Middle East Media Research, The United Nations Development Program Locations: Lebanon, Beirut, Qassem, Israel, America, Lebanese

☆ Naim Qassem: Hezbollah names a new leader to replace Nasrallah. Here’s what we know about him
▼ + stars: | 2024-10-29 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +3 min

CNN —Hezbollah has named Shiite cleric Naim Qassem as leader, over a month after his predecessor Hassan Nasrallah was killed in an Israeli airstrike. Not for long.”The cleric had long been the group’s second-in-command, serving as deputy chief to the late Nasrallah. The 71-year-old Shiite cleric helped found Hezbollah in 1982, and has served seven consecutive terms as deputy secretary-general since 1991. Before killing Nasrallah, Israel also targeted his predecessor Abbas al-Musawi, who was killed in an airstrike in 1992. Qassem represented “the lower middle class,” while Nasrallah “belonged to the impoverished class in Lebanon,” Ali said.

Persons: Naim Qassem, Hassan Nasrallah, Qassem, “, Israel –, Yoav Gallant, Nasrallah, ” Mohanad Hage Ali, Malcolm H, ” Hashem Safieddine, “ Harakat al, –, Amal, Nabih, Israel, Abbas, Ali, ”, Nasrallah “, ” Ali Organizations: CNN, group’s Senior, Kerr Carnegie Middle East Center, Lebanese Locations: group’s, Israel, Lebanon, Iran, Beirut, Lebanese, Kfar Kila, “, Nabih Berri, Gaza

☆ U.S. crude oil gains 1% to trade above $68 after worst day in two years
▼ + stars: | 2024-10-29 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil rose more than 1% on Tuesday, one day after posting the worst daily loss in two years. Energy traders were relieved Monday after Israel's long-anticipated retaliatory strikes on Iran last Friday spared the Islamic Republic's oil and nuclear facilities. The benchmark U.S. crude oil contract sold off more than 6%, or $4.40, to $67.38 per barrel. Here are Tuesday's energy prices:Goldman Sachs expects the price of Brent to recover to $77 per barrel in the fourth quarter even without any oil supply disruptions in the Middle East. Demand is soft in China, U.S. production is robust and OPEC+ has plans to bring crude back to the market in December.

Persons: Goldman Sachs, Daan Struyven, CNBC's, Struyven, Brent Organizations: Energy, U.S . Strategic Petroleum Reserve Locations: Iran, U.S, China

☆ One of Republicans’ biggest inflation cudgels against Democrats has evaporated
▼ + stars: | 2024-10-29 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

It’s a crucial trend that undercuts one of the biggest arguments Republicans have used to hammer Democrats over the cost of living. Although gas prices are down and the rate of inflation has cooled sharply, consumers are still hurting from years of price hikes. After Russia invaded Ukraine, oil prices skyrocketed due to fears of massive supply disruptions. Drivers rolling up to gas stations in some battleground states are enjoying significant price drops, including Nevada (79 cents cheaper than a year ago), Arizona (78 cents cheaper), Pennsylvania (36 cents cheaper) and Wisconsin (32 cents cheaper). But for now the markets appear to be bracing for muted prices, a situation that should keep a lid on gas prices.

Persons: Harris, ” Patrick De Haan, It’s, we’re, ”, De Haan, Donald Trump, Kamala Harris, Biden, Trump, Tom Kloza, Kloza, Brent, “ Organizations: New, New York CNN, Biden, CNN, AAA, Drivers, Iran, Oil Price Information Service, Citigroup, ClearView Energy Partners Locations: New York, Nevada, Arizona, Russia, Ukraine, Pennsylvania, Wisconsin, Israel, Iran, Persian, China, United States

☆ Goldman Institute calls for ‘data center diplomacy’ as U.S. competes in global AI race
▼ + stars: | 2024-10-29 | by ( Kate Rooney | ) www.cnbc.com time to read: +3 min

"Data may be the new oil, and it's ultimately nations, not nature, that's going to determine the future of AI infrastructure built." AI relies on massive amounts of data for training and gigantic data centers. Despite a slowing economy, Beijing has been investing in AI data centers, and launched a $6.1 billion national initiative called "Eastern Data, Western Computing." The U.S. has its own slate of initiatives, including a task force on AI infrastructure. "The Arab Gulf countries of the Middle East present many promising opportunities for AI data centers," Cohen wrote.

Persons: Goldman Sachs, Jared Cohen, Goldman, Cohen, it's, They've, Anthropic Organizations: Goldman Sachs Global Institute, CNBC, Google, Microsoft, Meta, Computing, United, United Arab Locations: China, Beijing, U.S, Canada, Australia, France, Gulf, OpenAI, United Arab Emirates, Qatar, Saudi Arabia

Israel's parliament voted Monday to ban the operations of the United Nations agency for Palestinian refugees, the main humanitarian aid agency operating in Gaza. "This is the latest in the ongoing campaign to discredit UNRWA and delegitimize its role towards providing human-development assistance and services to #Palestine Refugees," Lazzarini wrote. UNRWA is a U.N. aid organization established in 1949 to provide aid and protection to Palestinian refugees in the West Bank, Gaza, Jordan, Lebanon and Syria. Some Israeli critics have said that the agency perpetuates a false narrative that Palestinians are refugees, which Lazzarini referenced in his statement. And U.N. Secretary-General Antonio Guterres was declared “persona non grata" by Israel’s foreign minister, Israel Katz, and was banned from entering Israel.

Persons: Benjamin Netanyahu, Philippe Lazzarini, Israel, Biden, Matthew Miller, Miller, Lazzarini, Netanyahu, Michael Martin, Boaz, Antonio Guterres, Israel Katz Organizations: United Nations, UNRWA, . State Department, State Department, Palestine Refugees, West, UN, Ireland, Agency, Assembly, Israel Defense Forces, . Interim Forces, U.N Locations: Gaza, Israeli, Israel, West Bank, Jordan, Lebanon, Syria, France, Germany, Britain, Japan, South Korea, Canada, Australia, Norway, Slovenia, Spain, East, organization’s

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