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AdvertisementRussian strikes have been recorded at multiple Ukrainian bases in recent weeks. This includes Russia claiming to have hit Ukraine's Mirgorod air base, 100 miles from the border with Russia, destroying five Sukhoi Su-27 fighter jets. "I think their belief is that the more Western weaponry Ukraine has of all sorts, the more formidable its military will become," he said. A Ukrainian Air Force official also said in June that Ukraine would store some of its F-16s abroad, so Russia cannot attack them. It's hard to take out airfieldsRobinson said that destroying air bases is not an easy task.
Persons: , it's, Sukhoi Su, Michael Clarke, Jasmonet Holmes, US Air Force Rajan Menon, Columbia University's, Tim Robinson, Matthew Savill, Chanceler, Robinson, Ukraine's, Clarke, Antony Blinken Organizations: Service, Business, Russia, Air Force, Staff, US Air Force, Columbia, Columbia University's Saltzman Institute of War, Peace Studies, UK's Royal Aeronautical Society, Royal United Services Institute, Chanceler Nardone, Ukrainian Air Force Locations: Russia, Ukraine, Denmark, Netherlands, Norway, Belgium, Soviet, Russian, Leiria, Portugal, Chanceler Nardone Ukraine
There won't be an Asian NATO, says ex-Chinese military officer
  + stars: | 2024-07-10 | 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 EmailThere won't be an Asian NATO, says ex-Chinese military officerZhou Bo, a senior fellow at Tsinghua University's Center for International Security and Strategy and a retired officer of the People's Liberation Army, says that's because Article 5, which is core to NATO, would be difficult to apply to the region.
Persons: Zhou Bo Organizations: Tsinghua University's Center for International Security, People's Liberation Army, NATO Locations: Asian NATO
AdvertisementEmergency officials and civilians conduct search and rescue operations among the rubble of Okhmatdyt Children's Hospital on Monday. The deadly Russian missile attack saw child cancer patients evacuated and moved with medical tubes still in their bodies. Women hold patients at Ohmatdyt Children's Hospital that was damaged during Russian missile strikes in Kyiv, Ukraine on Monday. He said that "when you hit not just a hospital or a children's hospital —and not just a children's hospital, but a children's hospital in which there are children were being treated for cancer — it doesn't get much worse than that in terms of brutality." A UN investigation found the children's hospital likely took a direct hit from a Russian missile, likely a Kh-101.
Persons: , Kyiv's, Joe Biden, Biden, Gleb Garanich, Rajan Menon, Columbia University's, Russia's, Menon, Mykhailo Podolyak, Beata Zawrzel, Keir Starmer, Aleksandr Gusev, Getty Images Biden, Zelensky, Vladimir Putin, Antony Blinken, Dmytro Kuleba, Blinken, ORI AVIRAM, Volodymyr Zelenskyy, Jake Epstein Organizations: Service, NATO, Ukraine, Business, Kyiv Regional Military Administration, Getty, NATO's, Ohmatdyt, Russian, Monday, REUTERS, Columbia, Columbia University's Saltzman Institute of War, Peace Studies, NATO Summit, UN, Children's Clinic, Getty Images, Ukrainian Foreign, MOD, Moscow Locations: Ukraine, Kyiv, Okhmatdyt, Anadolu, Washington ,, Russia, Russian, Ukrainian
Read previewI moved to Nottingham in 2021 from India to pursue my master's degree at Nottingham Trent University. Tanushree Srivastava/BIBeginning life in the UKI arrived in the UK for the first time in 2021 as an international student. I had pre-booked a studio apartment in Nottingham city center with my friend, another international student at Nottingham Trent University. Even universities like Nottingham Trent and the University of Nottingham have huge gardens and greenery for students. One of the best parts of living in Nottingham was the commitment to its status as a "student city."
Persons: , I'd, Tanushree Srivastava, Srivastava, White Rose, Nero, Nottingham Organizations: Service, Nottingham Trent University, Business, Nottingham Trent, University of Nottingham, Nottingham canalside, Nottingham, Nottingham Bowl, BI Nottingham Locations: Nottingham, India, London, City, England, Trent, British, Rock City
Most medical students at Johns Hopkins University will no longer pay tuition thanks to a $1 billion gift from Bloomberg Philanthropies announced Monday. Starting in the fall, the donation will cover full tuition for medical students from families earning less than $300,000. Bloomberg received a bachelor's degree in electrical engineering from Johns Hopkins University in 1964. The gift will go to John Hopkins' endowment and every penny will go directly to students, said Ron Daniels, president of Johns Hopkins University. "I think he simply wanted to recognize the importance of these fields and provide this support to ensure that the best and brightest could attend medical school and the school of nursing and public health."
Persons: Bloomberg Philanthropies, Johns Hopkins, Michael Bloomberg, Bloomberg, John Hopkins, Ron Daniels, Mike, they've, Daniels Organizations: Johns Hopkins University, Bloomberg, Johns
Read previewA professor of the senses, who used to help multinational food companies create ultra-processed foods, lost weight without trying after he cut them out of his diet when he learned about their health risks. These hyper-palatable foods contain the perfect fat-to-carbohydrate ratio, which makes it near impossible for us to stop eating them, Smith said. "I was consciously cutting out ultra-processed food because of the bad things it might do for my health. He felt more energetic, full for longer, and able to stop eating when he felt full. "You're not going to persuade people to move away from ultra-processed food by telling them it's bad for them.
Persons: , Barry Smith, Ferrero, hasn't, Smith, Chris Van Tulleken, Linia Patel, Aleksandr Zubkov, It's Organizations: Service, University of London Institute of Philosophy, Business, Northeastern University's Network Science Institute, Research, Nature, Food Locations: UPFs
A view shows damage caused by Hurricane Beryl on Union Island, Saint Vincent and the Grenadines, in this undated handout picture obtained by Reuters on July 5, 2024. Beryl hit Mexico's Yucatan Peninsula as a Category 2 hurricane on Friday, then weakened to a tropical storm. The hurricane center forecasts it will hit as a strong Category 1 storm, but wrote "this could be conservative if Beryl stays over water longer" than expected. "People in southern Texas now need to really keep an eye on the progress of Beryl," Beven said. Beryl set the record for the earliest Category 4 with winds of at least 130 mph (209 kilometers per hour) — the first-ever category 4 in June.
Persons: Hurricane, Saint Vincent, Beryl, Jack Beven, Jeff Masters, Beven, Brian McNoldy, Phil Klotzbach, Kerry Emanuel doesn't, Klotzbach, Rita, Wilma, Dennis, Miami's McNoldy, Albany's Kristen Corbosiero, Masters, hasn't, Corbosiero, Emanuel Organizations: Reuters, National Hurricane Center, Corpus Christi, Masters, University of Miami, Colorado State University, MIT, Colorado State, University, Miami's, Albany's, Nina Locations: Grenadines, it's Texas, Yucatan, Texas, toasty Gulf of Mexico, Brownsville, Corpus, Gulf, Mexico, Caribbean, Gulf of Mexico, Carriacou, Grenada
A new innovation could help prevent ice cream from becoming a puddle at room temperature. Compounds called polyphenols, found in green tea and berries, can help stabilize the ice cream. More research is needed to make no-melt ice cream a delicious reality. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSloppy sundaes and drippy cones could become a thing of the past as the wonders of science have uncovered a way to make ice cream nearly melt-proof.
Persons: , Cameron Wicks Organizations: Service, Dairy State, University of Wisconsin -, University of Wisconsin - Madison ., Business Locations: Dairy, University of Wisconsin - Madison, University of Wisconsin - Madison . Plant
CFRA recommends investing in insurance stocks ahead of what's expected to be a busy hurricane season. AdvertisementThe prospects for a highly active US hurricane season means investors should snap up shares in a quiet corner of the stock market: insurance companies. At the same time, an active hurricane season could be disruptive to the homeowners and commercial property markets. For Berkshire Hathaway, CFRA reiterated its $472 price target for Class B shares, representing potential upside of 16% from current levels. Berkshire Hathaway's insurance and reinsurance operations include GEICO, Berkshire Hathaway Primary Group, General Re, National Indemnity, and Alleghany.
Persons: CFRA, Berkshire Hathaway, , Hurricane Beryl, Arthur J, Gallagher Organizations: Colorado State University, American International Group, Arch Capital Group, Service, Colorado State University's Department of Atmospheric Science, Berkshire, Berkshire Hathaway Primary, General Re, Indemnity Locations: Berkshire, Caribbean, Gulf of Mexico, Yucatan, GEICO, Alleghany
The United States is producing less than 1% of the wind power it wants to generate by 2030. And as Eric Hines, the director of Tufts University's offshore wind energy graduate program, puts it, "We're going to need somewhere on the order of five of these installation vessels in just a few years." The Biden administration wants the U.S. to generate 30,000 megawatts from wind power within the next five and a half years. As of last year, that figure stood at just 42 megawatts, putting the nation far behind Europe — which added 18,300 megawatts of new wind energy capacity in 2023 alone, according to WindEurope. ("There are no known links between large whale deaths and ongoing offshore wind activities," the National Oceanic and Atmospheric Administration has said.)
Persons: it's, Eric Hines, Biden, Donald Trump Organizations: White, Tufts, Republican, Oceanic, Atmospheric Administration, Dominion Energy Locations: States, U.S, New Jersey, Brownsville , Texas
Read previewAs a kid, Rob Chisholm was not drawn to the fast-paced, jet-setting life of a Wall Street banker. Well, maybe if I wanted to be an investment banker or something, I would care about that, Chisholm remembers thinking. Chisholm, on the other hand, is very open about his unorthodox path to Wall Street and the resulting feelings of being an outsider. AdvertisementWhen Chisholm was in college, he rejected the "cliche" of going to an Ivy League and getting a job on Wall Street. At the time, Chisholm admitted, Wall Street seemed like the "complete opposite in terms of the culture and the incentives" he thought he wanted.
Persons: , Rob Chisholm, Chisholm, Goldman Sachs, Frank Quattrone, Eager, dealmakers, he's, Wall, Goldman, I've Organizations: Service, Wall Street, Princeton, Business, Ivy League, Citi, Qatalyst Partners, Middlesex, Princeton's, Middlebury College, ACG Partners, Deutsche Bank, Investment Locations: Canada, Antigonish, Nova Scotia, Massachusetts, Vermont, Boston, San Francisco, tooting
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewCan the Democrats replace President Joe Biden at the top of the ticket? In 1968, when President Lyndon B. Johnson dropped out of the race, his vice president, Hubert Humphrey, entered the Democratic primary, but he was too late to get on some states' ballots. Delegates eventually voted to name Humphrey the nominee, but he ultimately lost the election to former Vice President Richard Nixon. AdvertisementTypically, the vice president is the go-to individual, but Gift said Vice President Kamala Harris's approval ratings are too low for her to be a serious contender.
Persons: , Joe Biden, Lyndon B, Johnson, Hubert Humphrey, Humphrey, Robert F, Kennedy, Eugene McCarthy, Martin Luther King Jr, John F, Richard Nixon, Biden, Mitch Robertson, Robertson, Thomas Gift, Kamala Harris's, Mark Shanahan, Gavin Newsom, Gretchen Whitmer, Transportation Pete Buttigieg, Shanahan, Harris, Kamala Harris, Iwan Morgan, Morgan, John Owens, it's, Owens Organizations: Service, Democratic, Business, Convention, Delegates, University College London, Democrats, UCL's Center, University of Surrey, Transportation, Trump, UCL's Institute of, Labor, American University's Center, Congressional, Presidential Studies Locations: Chicago, Vietnam, Los Angeles, Americas
Whereas, with passive income, the idea is you do upfront work and then the gig pays you while you sleep. Insider has spoken with individuals and couples who have built passive income streams that are helping them build wealth without having to put in a ton of hours. "I 100% think that it can be a lucrative passive income stream," Erika said of investing in a franchise. That comes out to about $40,000 a month in just subscription revenue. "Everyone talks about passive income, but they keep growing.
Persons: , Erika, Kareem Hall, Kareem, Erika Hall, Rachael Victoria, They've, , Kent, Liz Wilcox, Wilcox, I'm Organizations: Service, Business, Soccer Shots, Emory, Soccer, he's, LAX Locations: Georgia, Scottsdale , Arizona, Scottsdale
My journey into van life began when I was a kid, listening to my grandpa's stories about road trips around Mexico and the US. Gerardo Rios GarciaAt just over 46 square feet, my van poses significant challenges. Financial independence is another significant benefit of my van life. Van life has been an incredible journey of self-discovery and growthThe van parked on a city street. However, I truly believe living in a van has positively impacted my professional and academic life.
Persons: , grandpa, Gerardo Rios Garcia, van, I'm, I've, Gerardo Rios Garcia Van, There's, haven't Organizations: Service, Columbia University, United Nations, Volkswagen, Business, Columbia University's, UN Locations: Manhattan, Mexico, North America, Arizona, Albuquerque , Kansas City, Indianapolis
Read previewSome single Chinese women — fatigued from the social stigma of being unmarried and childless — are opting to run away altogether. These women — mostly millennials in their mid to late 30s — are taking to the Chinese social media platform Xiaohongshu to talk about their great escape to the West. These women, per their accounts, are enrolled in higher education in countries like France, the UK, and the US. In these diary-style posts, the women talk about how higher education in the West has been their ticket to freedom. AdvertisementLeftover womenThere are several push factors that may be motivating more Chinese millennial women to seek greener pastures abroad.
Persons: , who've, Claudia Ke, Ke, Susu, she'd, childrearing, Emily Huang, BI's Kevin Tan Organizations: Service, US, Business, China, Burgundy School of Business, University of Cambridge, China Centre for Economic Research, National Bureau of Statistics Locations: France, China, Shanghai, Europe, Cambridge, England, Peking
The latest money-saving trend taking over is the "no-spend month," which encourages TikTok users to cut out all non-essential purchases for a set period. The no-spend rulesThe "no-spend" challenge can last for a week, a month or even a full year. On its face, "the no-buy challenge is as much pragmatic as it is symbolic," according to Gregory Stoller, a professor at Boston University's Questrom School of Business. "The potential complication with the no-buy challenge is to what extent people are willing to honor their commitment," Stoller said. Rather than hop on the latest extreme fad, "it comes back to setting a budget and setting expectations," Rossman said.
Persons: Gregory Stoller, Ted Rossman, Stoller, Rossman, Paul Hoffman Organizations: Boston University's Questrom School of Business, Finance, Bankrate, CNBC
Stankard should know — he's a rising senior now, but this will be his second summer interning for Goldman's sales and trading division. "I've always been interested in business generally," said Young about her decision to intern with Goldman last summer. For sales & trading interns like him, the summer is different — they split their nine weeks between two "pods" within the division. Dan Dees Goldman SachsA summer at Goldman is hard workTraders are known for having early work schedules to get ahead of the trading day and clients' needs. Goldman interns mingle Emmalyse BrownsteinAdvice for other interns and applicantsStanding out is hard in the application process.
Persons: , Goldman Sachs, Anna Kouba, Goldman, Robbie Stankard, He's, Stankard, you've, Willow Young, Goldman Young, I've, Young, Dan Dees, Dees, Tony Pasquariello, Lucy DeStefano, he's, Lucy, they're, Dan Dees Goldman Sachs, it's Organizations: Service, Business, Goldman, Columbia University's, Stanford University, Financial, Group, FIG, Bloomberg, Soros Fund, CNBC, Investment, Wall Locations: Jersey, California, Chicago, New York, Westwood , Massachusetts
Scientists have long considered nuclear energy one of the cleanest and most reliable forms of energy production. Tech companies at the forefront of the AI revolution are also turning to nuclear energy to power their vast AI data centers. A new fuel cycle for nuclear powerTransmutex's technology destroys nuclear waste and produces new nuclear fuel. AdvertisementNuclear physicists say the company's technology avoids one of the biggest concerns with nuclear energy: that the same fuel used to power nuclear plants can also be used to manufacture atomic weapons. Oklo, a startup backed by OpenAI CEO Sam Altman, is betting on generating nuclear power through small nuclear reactors.
Persons: , Jennifer Granholm, Franklin Servan, Schreiber, Transmutex, Cameron Porter, Andrei Afanasev, George, Afanasev, Mark Zuckerberg, Sam Altman, nicolas lieber, photographie Servan Organizations: Service, Business, US, . Tech, Steel, George Washington University's Institute for Nuclear Studies, Department of Energy, Energy Locations: Swiss, Switzerland, United States, Saudi Arabia, Transmutex, Georgia
Experts say the AI mania has shades of the dot-com and housing bubbles and could end painfully. AdvertisementExperts say the frenzy around AI stocks resembles the last two major market bubbles — and could end in disaster if investors get spooked. "This is the goofiest and likely most dangerous concentration of overvaluation I've seen in 34 years investing and throughout financial history," Bloomstran said. Some experts have compared Nvidia to Cisco, the network hardware company whose stock ballooned during the dot-com bubble before ultimately crashing. No one can predict if the AI craze will end with a devastating crash like the dot-com and housing bubbles, or usher in a new market regime led by Nvidia and its kin.
Persons: , Nathan Burks, Adetokunbo Fadahunsi, Ann Marie Hibbert, Burks, Hibbert, Chris Bloomstran, Semper Augustus, I've, Bloomstran, John Chambers, Robert Galbraith, it's Organizations: Service, George Mason University, Big Tech, Nvidia, Microsoft, Cisco, REUTERS, Wall Street Journal Locations: West Virginia
The landscape is being supported in large part by fans and donors, who can contribute money through organizations known as "collectives" that facilitate NIL activities. NIL collectives typically raise money from fans and other donors to compensate student-athletes in exchange for meet-and-greets, guest appearances, and autographs. AdvertisementMore changes are coming to disrupt the NIL landscape in college sportsStartups are also trying to disrupt the donor model in college sports. Donors can also see that their money will go straight to the athlete when that athlete chooses the donor's selected school. AdvertisementBut ultimately, bigger changes may be coming to relieve some of the onus on fans and donors.
Persons: , NBA Hall of Famer Charles Barkley, Barkley, Dan Dakich, I've, Janet Moreira, Moreira, Opendorse, Brady Keller, Opendorse's, Keller, Kyle Bjornstad, We've, Bjornstad, doesn't, Tina Provost, hadn't, " Moreira Organizations: Service, NBA Hall of Famer, Business, Auburn University, Caldera Law, Collective, NCAA Locations: Oregon
This is according to a detailed internal document obtained by Business Insider that reveals a host of new information and insights about Amazon's book business and the broader publishing landscape. Reliable data on this industry is limited or tightly controlled, so it's sometimes difficult to get handle on the scope of the book business. "Monopoly power"Amazon's book business has drawn antitrust scrutiny over the years. The company doesn't publicly disclose book sales, nor does it give a revenue breakdown of each retail category. The US accounts for over half of the salesThe document reveals a few staggering numbers that show how big Amazon's book business is.
Persons: , John Warren, George Washington University's, doesn't, Lindsay Hamilton, Noble, Warren, Hamilton Organizations: Service, Business, Amazon, Federal, American Booksellers Association, FTC, Justice Department, BI, GMS, Barnes, Costco, Pew Research Center, George Washington University Locations: Germany, Japan, France, Italy, Spain, Australia
Miru Wong with her grandfather Wong Tat-wing at the original Sindart shop. The cheapest pair is made without embroidery and costs 99 Hong Kong dollars, or $12. Wong says most of the materials — including nylon, silk, satin, and brocade — are sourced from Hong Kong, Japan, and Europe. AdvertisementOthers feel that more can be done in order to pass down the skills in Hong Kong. "Rising labor costs in Hong Kong also make it difficult for traditional shoemakers to maintain profitability," Cho said.
Persons: , Miru Wong, Hong, Wong Tat, Wong, Wong reguarly, she's, shoemakers, Erin Cho, Cho, Lindsay Varty, Varty Organizations: Service, Polytechnic University, Business, Hong, HK, Hong Kong Polytechnic University's School of Fashion, Textiles, Social, Sunset Locations: Hong Kong, Japan, Europe
The porn videos had titles like "Juicy Anniversary" and "Bedroom Shenanigans." In search of a man for Wilson, Gow sought advice from his therapist, who suggested joining a swingers club. In the background, Video Gow is moaning "Oh yeah" as IRL Gow says, "I've always had some ED issues." As the video ends with the big finale — the money shot, as it's known in the industry — Video Gow stands above kneeling Video Wilson, arms outstretched. The termination letter said he had failed to properly report his income from the porn videos and had violated "prohibitions for using one's public position for private benefit."
Persons: Joe Gow, Carmen Wilson, Gow, isn't, " Gow, Wilson, Bruce Springsteen, we've, It's, I'm, Simone Lueck, BI Gow, hadn't, Wilson's, Nina Hartley, Danny Mountain, who'd, We've, Cal Berkeley, Lauren Phillips, Phillips, mischievously, We’ll, We'll, Barack Obama, Geri, Jay Hart, IRL Gow, I've, she'd, Barack Obama's, Hartley, Raymond Cross, Cross, Hartley dustup, Stills, , Tony Tomich, Moberg doesn't, Gow's, demurely, Starr, Socrates, Eugene Volokh, Roe, Diane, wouldn't, aren't, They've, Wilson wouldn't, Hallie Lieberman, She's Organizations: University of Wisconsin, selfies, CNN, The, BI, UW, La, Sony, Higher, MIT, USC, Cal, Dickinson State University, Food Network, IRL, Dartmouth, La Crosse Tribune, La Crosse, University of, FTI Consulting, Easton Moberg, Press, Stanford, Court, eBay, Sssh.com Locations: La Crosse, London, India, Gaza, Gow, Rock, San Francisco, Wisconsin, Chicago, Los Angeles, North Dakota, Arizona, Communist China, City, San Diego
New college graduates are having a harder time finding work, and as a result, some of them could see their careers and earnings take a hit for years. Meaning that recent college graduates have been more likely to be unemployed than the broader population. This new normal has worked out OK for some Americans, but it's been particularly tough on new college graduates. While the tough job market could temporarily hurt some young graduates' earnings, there's reason to be optimistic that their finances could eventually recover. But if the job market continues to prove frustrating, some of them may begin to wonder.
Persons: Lohanny Santos couldn't, Zer, Santos isn't, overqualified, millennials, Gen Zers aren't, Julia Pollak, ZipRecruiter, it's, — aren't, they'd, , grads —, Goldman Sachs, Elise Peng, Louis, who's Organizations: Service, Business, New York Fed, NY Fed, Meta, Rice University's, Bloomberg, LinkedIn, National Association of Colleges, Glass Institute, Strada Education Foundation, Federal, Louis Fed
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewArmenia's announcement that it's going to leave a Russia-led alliance that was set up to rival NATO is a blow to the image Russian President Vladimir Putin wants to project, experts told Business Insider. In fact, experts say it's the opposite of what Putin hoped to achieve with the alliance. But leading it is still important to Putin as, in Putin's mind, "great powers lead alliances and organizations." Armenia snubbing RussiaPashinyan's announcement came after months of snubs against Putin, and criticism of the CSTO in general.
Persons: , Vladimir Putin, Nikol Pashinyan, Putin, Davis Ellison, Alexander Cooley, Thomas Graham, snubs, Pashinyan, Graham, Armenia doesn't Organizations: Service, NATO, Collective Security, Organization, Business, The Hague, Strategic Studies, Columbia University, Yale, Armenia's, Reuters, Getty Locations: Russia, Armenia, Kremlin, Soviet Union, Moscow, Soviet, East, Azerbaijan, Ukraine, Washington, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan
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