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☆ Tommy Tuberville is happy Biden called him 'a good football coach' as he faces criticism for holding up military promotions and refusing to condemn white nationalists
▼ + stars: | 2023-07-12 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

"I'd never dreamed in my wildest dreams to have the president of the United States call me a good football coach," Tuberville said. "It's been good," Tuberville told HuffPost's Igor Bobic when asked about his week. " "Well, that's some people's opinion," Tuberville told CNN on Monday when pressed about multiple instances where he had refused to explicitly condemn white nationalism. " He also said, "My opinion of a white nationalist, if someone wants to call them white nationalist, to me is an American." On Tuesday, Tuberville walked back his comments by saying "If people think a white nationalist is a racist, I agree with that."

Persons: Sen, Tommy Tuberville, he's, Biden, I'd, Tuberville, Republican Sen, It's, HuffPost's Igor Bobic, Joe Biden Organizations: Service, Republican, —, Politico, Sugar, SEC, Tigers, Auburn, Texas Tech, Cincinnati, BYU, Alabama Republican, Pentagon, Corps, CNN Locations: United States, Wall, Silicon, Alabama, backtrack, American

☆ Elon Musk launches new company xAI, which proclaims a lofty mission to 'understand the true nature of the universe'
▼ + stars: | 2023-07-12 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Elon Musk officially unveiled his new company xAI on Wednesday. Musk publicly introduced a new company called xAI, whose stated aim is to glean "the true nature of the universe." And an apparently all-male, 12-person team including Musk has been detailed to the heady task, according to its website, which doesn't list any female employees. Hendrycks has published about the potential dangers of AI, including the technology's ability to spread disinformation. With the launch of xAI, Musk now owns or is in charge of half a dozen companies, including Tesla, SpaceX, Neuralink, The Boring Company, and Twitter.

Persons: Elon Musk, Musk, xAI's, Tesla, Musk helms, Dan Hendrycks, Hendrycks, Musk's Tesla, Insider's Kali Hays, — Manuel Kroiss, Igor Babuschkin, Babuschkin, Brian Philip Organizations: Morning, X.AI, Tesla, Twitter, X Corp, Microsoft, AI Safety, SpaceX, Center, AI, Palo Alto Police Department, The Boring Company Locations: Nevada, Hendrycks, Palo Alto

☆ US to send Ukraine cluster munitions, NATO makes membership pledge
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +6 min

The cluster munitions "will deliver in a time frame that is relevant for the counteroffensive," a Pentagon official told reporters. Cluster munitions are prohibited by more than 100 countries.Russia, Ukraine and the United States have not signed on to the Convention on Cluster Munitions, which bans production, stockpiling, use and transfer of the weapons. BOTH SIDES SHOULD STOP USING CLUSTER BOMBS -HRWHuman Rights Watch has accused Russian and Ukrainian forces of using cluster munitions, which have killed civilians. Turkey's President Tayyip Erdogan said after meeting Zelenskiy that Ukraine deserved NATO membership and that Ankara would continue working on a negotiated end to the war. "Our summit will send a clear message: NATO stands united, and Russia's aggression will not pay," Stoltenberg said at a news conference in Brussels.

Persons: Washington's, Vladimir Putin, Jake Sullivan, Joe Biden, Anatoly Antonov, Antonov, Igor Ovcharruck, Clodagh, It's, Colin Kahl, Volodymyr Zelenskiy, Tayyip Erdogan, Zelenskiy, Jens Stoltenberg, Stoltenberg, Biden, Putin, Martin Griffiths, Griffiths, Robert Muller, Jason Hovet, Pavel Polityuk, Mike Stone, Phil Stewart, Idrees Ali, Michelle Nichols, Grant McCool, Diane Craft, David Gregorio Our Organizations: NATO, United States, Rights, United Nations, Pentagon, Cluster Munitions, White House, Watch, U.S, Washington, TASS, REUTERS, Treaty Organization, CNN, UN, Initiative, U.N, United, Thomson Locations: Russia, Ukraine, Russian, U.S, United States, Ukrainian, Kharkiv, Czech Republic, Slovakia, Turkey, Bulgaria, Zelenskiy, Ankara, Prague, Sofia, Brussels, Vilnius, Lithuanian, RUSSIA, Moscow, Odesa, United Nations, Kyiv, Washington

☆ A solar storm is due to hit Earth today, sparking stunning auroras. Here's how to see them.
▼ + stars: | 2023-07-06 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

It should be relatively mild but could spark beautiful auroras visible from around the world. NOAA space weather prediction centerHead to the National Oceanic and Atmospheric Administration's space weather website for the latest forecast to see if auroras are likely to be visible where you are. As the sun becomes more active, it is more likely to send solar storms our way. Flights are more likely to be rerouted or grounded in bad space weather, for instance, experts previously told Insider. In the meantime, our dependence on satellite infrastructure has increased, and our vulnerability to space weather has therefore increased," said Verscharen.

Persons: —, Daniel Verscharen, auroras, Igor Hoogerwerf, SANKA VIDANAGAMA, It's Organizations: Service, University College London, NOAA, National Oceanic, Atmospheric Administration, Mount Cook National, Getty, Royal Photographic Society Locations: Europe, Michigan, Maine, New York, Idaho, Illinois, Oregon, Phoenix , Arizona, Aurora, Mount, Christchurch , New Zealand, AFP

☆ Putin’s Options for Dealing With the Wagner Group Aren’t Great - The New York Times
▼ + stars: | 2023-07-04 | by ( Colin P. Clarke | ) www.nytimes.com time to read: +3 min

(Those who did participate could join Mr. Prigozhin in Belarusian exile.) Even if Wagner fighters do decide to join Russian military units en masse, it won’t be easy for Moscow to integrate them. Another option would be for Mr. Putin to leave Wagner’s overseas operations as is, and install a new leader to replace Mr. Prigozhin. Mr. Prigozhin was revered by Wagner fighters, many of whom may chafe at the prospect of new leadership or a drastic change in organizational culture. Corporation is another Russian private military company, founded by Russian nationalist Igor Mangushev, with some experience abroad, but is much less influential and experienced than Wagner.

Persons: Putin, Wagner, Prigozhin, Sergei Shoigu, —, Prigozhin’s, Sergei Lavrov, ”, Wagner’s, Igor Mangushev Organizations: Russian, Ministry of Defense, Russian Ministry of Defense, Central African, Corporation, Gazprom Locations: Russia, Russian, Moscow, Cameroon, Burkina Faso, Equatorial Guinea, South Africa, Zimbabwe, Kenya, Africa, Mali, Central African Republic . Russia, Syria, Burundi, Central African Republic, Gabon, Yemen

☆ Live updates: Russia's war in Ukraine, fallout from Wagner insurrection
▼ + stars: | 2023-07-03 | by ( Tara Subramaniam | ) edition.cnn.com time to read: +2 min

Dmitry Medvedev during a meeting of the General Council of the party "United Russia" in Moscow, on May, 31. Igor' Ivanko/Kommersant/Sipa/APRussia is "threatened" by the potential for Ukraine to join NATO, Dmitry Medvedev, the deputy chairman of Russia’s Security Council, claimed on Sunday. And Medvedev said Moscow is ready to deliberately make the current conflict a permanent one, because "this is a matter of Russia's existence." Some context: The matter of Ukrainian membership in NATO is one of several issues leaders will tackle when they meet in the Lithuanian capital Vilnius on July 11 and 12. The issue will prove one of the biggest flash points for the group, which has managed to remain remarkably united amid Russia’s unprovoked invasion.

Persons: Dmitry Medvedev, Igor, Ivanko, “, ” Medvedev, Medvedev Organizations: General, NATO, Russia’s Security, Gazeta Locations: Russia, Moscow, Ukraine, Russian, Lithuanian, Vilnius, Eastern Europe, Kyiv, Europe

SummarySummary Companies Russia to cut oil exports 500,000 bpd in AugustRussia's Novak announces cut just after Saudis extend their cutOil prices rise 1.6% on Saudi and Russian announcementsPutin spoke to Crown Prince Mohammed bin Salman on June 27MOSCOW, July 3 (Reuters) - Russia will cut oil exports by 500,000 barrels per day (bpd) in August, President Vladimir Putin's point man on oil said on Monday, as Moscow seeks to nudge up global oil prices in concert with Saudia Arabia. Novak's spokeswoman declined to say whether Russian oil output would decline by the same amount as its exports. It has already pledged to reduce its output by 500,000 barrels per day (bpd) to 9.5 million bpd from March until year-end. Russia is the world's second largest oil exporter after Saudi Arabia, whose crown prince, Mohammed bin Salman, spoke to Putin on June 27. Sechin said some OPEC+ countries were exporting as much as 90% of their output, whereas Russia puts only half of its production onto the global market.

Persons: Russia's Novak, Putin, Prince Mohammed bin Salman, Vladimir Putin's, Brent, Alexander Novak, Novak's, Mohammed bin Salman, Igor Sechin, Sechin, Guy Faulconbridge, Kevin Liffey Organizations: Saudia, Thomson Locations: Saudi, MOSCOW, Russia, Moscow, Saudi Arabia, Riyadh, Russian Urals

☆ There's blood in the water after Prigozhin's revolt shattered the façade of Putin's invincibility
▼ + stars: | 2023-06-29 | by ( Jason Corcoran | ) www.businessinsider.com time to read: +13 min

It represented the most significant affront to President Vladimir Putin's 23-year reign. It has also fed paranoia and put a spotlight on Aleksey Dyumin, Putin's ex-bodyguard turned governor. A brief and ultimately aborted attempt at a coup d'état by Russian mercenary chief Yevgeny Prigozhin represented the most significant affront to President Vladimir Putin's 23-year reign. President Vladimir Putin (L) and Aleksey Dyumin, the governor of Tula and Putin's former personal bodyguard, in Moscow in 2016. Russian President Vladimir Putin (R) and Tula Governor Aleksey Dyumin visit Russian writer Lev Tolstoy's former home in 2016.

Persons: Yevgeny Prigozhin, Vladimir Putin's, Aleksey Dyumin, Putin's, —, Vladimir Putin —, Prigozhin, Vladimir Fesenko, trundling, Sergey Shoigu, Valery Gerasimov, There's Prigozhin, Wagner, Putin, Belarus —, defenestration, Dyumin, Shoigu, Vladimir Putin, Mikhail Svetlov, Igor Girkin, Alexander Lukashenko —, Dyumin's, Dmitry Peskov, Boris Yeltsin, Viktor Yanukoyvch, Girkin, Andrei Gurulyov, Russia's, Lev Tolstoy's, Tatiana Stanovaya, Alexandra Prokopenko, Prokopenko, Sergei Surovikin, Surovikin, Viktor Zolotov, Zolotov, Alexander Lukashenko, Chris Weafer Organizations: Service, Kremlin, Kommersant, Angry Patriots, Russia's First Channel, Prigozhin, Carnegie Russia Eurasia Center, Central Bank, Washington Post, New York Times, Defense Ministry, Moscow Times, National Guard, Ministry, Macro Locations: Russian, Russia, Rostov, Ukraine, Moscow, Voronezh, Lipetsk, St, Petersburg, Minsk, Belarus, Russia's Tula, Kremlin, Tula, Dyumin's Tula, St Petersburg, Prigozhin, Crimea, Berlin, Novosibirsk, Osipovichi, Africa, Syria

☆ After Prigozhin's mutiny, another Russian ultranationalist said that Putin must 'transfer' his war powers if he can't win in Ukraine
▼ + stars: | 2023-06-26 | by ( Sam Fellman | ) www.businessinsider.com time to read: +4 min

If Putin can't secure victory in Ukraine, one of them argued, "he needs to legally transfer his powers." "The whole current system is built on the irresponsibility of the elites," wrote Igor Girkin at the Angry Patriots Club meeting planned weeks before the Wagner Group armed rebellion. "If the president is not ready to take responsibility for the war, he needs to legally transfer his powers." "The Kremlin's continued careful response to the armed rebellion will likely prompt other Russian nationalists to test Russian official reactions to more explicitly critical rhetoric." Girkin — a former FSB security operative who goes by the nom de guerre Strelkov, Russian for "shooter" — had warned that Prigozhin's Wagner Group could be a threat to Putin.

Persons: ultranationalists, Putin, —, Vladimir Putin, Igor Girkin, Yevgeny Prigozhin, SERGEI ILNITSKY, Wagner, Prigozhin, Girkin —, Strelkov, Prigozhin's Wagner Organizations: Service, Angry Patriots Club, Wagner Group, Kremlin, for Locations: Moscow, Ukraine, Russia, milbloggers, Russian

☆ Prigozhin's Wagner mercenaries appear to be on the march towards Moscow
▼ + stars: | 2023-06-24 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

Russia's Wagner paramilitary forces appear to be headed toward the capital, Moscow. Photos and videos now appear to show Wagner forces and their armored vehicles in the region of Lipetsk, which is a roughly eight-hour drive from Rostov-on-Don — and less than six hours from Moscow. He later confirmed that Wagner forces were moving through the area, state media reported, and urged civilians to stay in their homes. The "march" began Friday after Prigozhin accused Russia's defense minister, Sergei Shoigu, of ordering an air strike on Wagner forces in Ukraine. He has repeatedly accused Shoigu and other military leaders of undermining Wagner forces in Ukraine.

Persons: Russia's Wagner, Wagner, Yevgeny Prigozhin, Vladimir Putin, —, Yevgeny Prigozhin —, Don —, Igor Artamonov, Prigozhin, Russia's, Sergei Shoigu, Shoigu, Ramzan Kadyrov, Sergey Sobyanin, Igor Girkin Organizations: Service, New York Times, Russian, British Ministry of Defense Locations: Moscow, Russian, Rostov, Voronezh, Lipetsk, Ukraine, Russia, Vorenezh Oblast

CNN —Russian President Vladimir Putin is facing the greatest threat to his authority in two decades after Yevgeny Prigozhin, the head of the Wagner paramilitary group and Putin’s former ally, launched an apparent insurrection. Prigozhin has been highly critical of Russia’s military leadership and their handling of the war in Ukraine, but he had always stopped short of criticizing Putin directly. Wagner group also claimed to have seized Russian facilities in a second city, Voronezh, some 600 kilometers (372 miles) to the north of Rostov-on-Don. Alexander Gusev, the governor of the Voronezh region, said the Russian military was engaging in “combat measures” in the area. Stunning escalationSaturday’s dramatic events come off the back of Prigozhin’s very public and months-long feud with Russia’s military leadership.

Persons: Vladimir Putin, Yevgeny Prigozhin, Wagner, Sergei Shoigu, Valery Gerasimov, Prigozhin, Putin, ” Putin, Igor Artamonov, Sergei Sobyanin, Recep Tayyip Erdoğan, “, ”, Don “, ” “, ” Prigozhin, Rostov, Don, Alexander Gusev, Shoigu, –, Gen, Vladimir Alekseev, Sergei Naryshkin, Naryshkin, Ramzan Kadyrov, Vladimir Rogov, Rogov saif, ” Wagner, Stringer, Dmytro Kuleba, Serhii Cherevatyi Organizations: CNN, Prigozhin, Moscow, Terrorism, Security, Russian, RIA Novosti, Kremlin, Russian Southern Military Headquarters, Ministry of Defense, Russian Ministry of Defense, Foreign Intelligence Service, Russian Historical Society, Telegram, Southern Military District, Reuters, Russian Foreign, European Union, US State Department, Britain’s Ministry of Defense, Russian National Guard, Ukrainian, Twitter, Ukrainian Armed Forces Locations: Moscow, Ukraine, Russian, Rostov, Voronezh, Lipetsk, Russia, St . Petersburg, Belarus, Uzbekistan, Kazakhstan, Turkey, Prigozhin’s, Prigozhin, Don, Canada, France, Germany, Italy, Japan, EU

Image Mr. Prigozhin and President Vladimir Putin at one of Mr. Prigozhin’s factories in St. Petersburg in 2010. Mr. Prigozhin accused the Russian military of attacking his forces, vowed to retaliate, on Friday. In an earlier videotaped speech, Mr. Prigozhin did not explicitly impugn Mr. Putin, instead casting him as a leader being misled by his officials. But, during the battle for Bakhmut, Mr. Prigozhin also emerged as a populist political figure, excoriating Russia’s military leadership for corruption. Others theorized that the Kremlin had orchestrated Mr. Prigozhin’s tirades against Mr. Shoigu, the defense minister, to deflect blame from Mr. Putin himself.

Persons: Yevgeny V, Vladimir V, Putin, Prigozhin, Wagner, Mr, ” Gen, Vladimir Alekseyev, ” Mr, Prigozhin’s Wagner, Russia’s, ’, “, ”, GOH, Volodymyr Zelensky, Mykhailo Podolyak, Adam Hodge, Vladimir Putin, —, Sergei K, Shoigu, Dmitri S, diatribes, excoriating, Prigozhin’s, Igor Girkin, Girkin, ” Julian E, Barnes, Cassandra Vinograd Organizations: Russian, ., Reuters, Russian Defense Ministry, Russia’s, Defense Ministry, Telegram, Twitter, National Security, Associated Press, Bakhmut, Kremlin Locations: Ukraine, Moscow, Rostov, Don, Russia, White, St . Petersburg, St, Petersburg, Syria, Africa, Ukrainian, Bakhmut, Prigozhin, Russian, Ukraine’s, “

☆ Wagner Vehicles Reach Lipetsk, North of Voronezh, Says Governor
▼ + stars: | 2023-06-24 | by ( Kate Vtorygina | ) www.wsj.com time to read: 1 min

The governor of Russia's Lipetsk region said Wagner vehicles were proceeding through the area, which is about 100 miles by road from Vornezh, the city the paramilitary force entered earlier Saturday. "Since nightfall, my team and representatives of all the agencies have been at the operational headquarters," Igor Artamonov said. "The situation is under control."

Persons: Wagner, Igor Artamonov Locations: Russia's Lipetsk, Vornezh

☆ Moscow makes bizarre claim that the US is planning bio-warfare against Russian troops in Ukraine as fears of disease grow after dam destruction
▼ + stars: | 2023-06-24 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +4 min

The outlandish claim comes amid health concerns after the destruction of the Kakhovka dam in Ukraine. The bizarre claim comes after the destruction of a major dam near Kherson caused flooding along the Dnieper River in southern Ukraine earlier this month. "When bitten, mosquitoes can infect military personnel with a dangerous infection, such as malaria," he said. Alex Babenko/Getty ImagesWhile the bizarre claim appears to have little basis, the dam's destruction has caused fears over subsequent disease and health concerns. A military partisan movement said the Russian army has recently suffered a cholera outbreak after the destruction of the dam, Newsweek reported.

Persons: Igor Kirillov, —, Max Seddon, Kirillov, " Seddon, didn't, Alex Babenko, Tedros Adhanom Ghebreyesus Organizations: Kremlin, Service, Chemical Protection Troops, Ukraine, Financial Times, White, Yahoo News, Metro, Politico, Newsweek, WHO Locations: Russian, Ukraine, Russia, Moscow, Kyiv, Kherson, West, Nova

In a series of Telegram posts on Friday, Prigozhin accused Russian forces of striking a Wagner military camp. “A huge amount of our fighters were killed,” he said, in a radical escalation of a longstanding feud with Russia’s military leaders. In a later Telegram post, Prigozhin said that his criticism of the Russian military leadership was a “march of justice” and not a coup. Kremlin spokesman Dmitry Peskov said that Russian President Putin is aware of the situation and “all necessary measures are being taken,” according to state media RIA Novosti. In the interview, he claimed the ministry misled Russian President Putin entirely.

Persons: CNN —, Yevgeny Prigozhin, Wagner, Prigozhin, ”, ” Prigozhin, Sergei Shoigu, Valery Gerasimov, Prigozhin “, “, Dmitry Peskov, Putin, Russia’s, Sergey Surovikin, Prigozhin’s, Igor Strelkov, Tatyana Stanovaya, Mykhailo Podolyak, ’ Prigozhin, , Shoigu – Organizations: CNN, Kremlin, Russia’s Ministry of Defense, Prigozhin's Press Service, –, Russian, Federal Security Service, PMC, Novosti, Social, State, Russia, Russian Ministry of Defense, Security, Defense, Twitter, Internet Research Agency, of Defense, Ministry of Defense, NATO Locations: Russia, Russian, Ukraine, Moscow, Donetsk People’s Republic, “, Putin’s Russia, St . Petersburg, NATO, Crimea

☆ An Russian ex-commander says Wagner boss Yevgeny Prigozhin should face 'treason' charges after his latest tirade against Russia's war with Ukraine
▼ + stars: | 2023-06-23 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

A Russian ex-commander said Wagner boss should be tried for "treason" over his latest anti-war tirade. Prigozhin posted a video on Friday calling the war a "racket" used to line oligarchs' pockets. "The war wasn't needed to return Russian citizens to our bosom, nor to demilitarize or denazify Ukraine," Prigozhin said in the video, according to The New York Times. And that rant ticked off Igor Girkin, the former commander of another Russian paramilitary group, and an ultranationalist who is also highly critical of Prigozhin and Russia's strategy. "Prigozhin already should have been handed over to a military tribunal for many things," Girkin wrote in a Telegram post on Friday, which was translated by The New York Times.

Persons: Wagner, Prigozhin, Prighozin, —, Yevgeny Prigozhin, Russia's Wagner, Putin, Igor Girkin, Girkin, he's Organizations: Service, The New York Times, New York Times Locations: Russian, Ukraine, The, Bakhmut

☆ Ukraine’s counteroffensive has been brutal and slow. But Kyiv has many cards left to play
▼ + stars: | 2023-06-21 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +8 min

And this is likely why we are seeing a slow – and at times incremental – start to this first phase of open operations. It has also been grueling, with Ukrainian losses reported around Mala Tokmachka, and now intense fighting near Pyatykhatky. Some estimates suggest only a quarter of Ukraine’s fresh units, bolstered by NATO training and supplies, are now in the fight. Ukrainian forces firing an S60 anti-aircraft canon placed on a truck on Juune 19, 2023. Kyiv needs to cement a change in the frontlines to validate the huge investment in its forces made by NATO.

Persons: –, Wojciech Grzedzinski, Rykove, recalibrations, Vladimir Putin, Velyka, Blahodatne, Brigade perilously, Igor Strelkov, Melitopol –, Kreminna, Ukraine’s, General Valerii Zaluzhnyi, Zalyuzhnyi, gridlock Organizations: CNN, 73rd Naval Special Operations Center, NATO, Anadolu Agency, Getty, Moscow, Kyiv, Brigade, Donetsk People’s Republic Locations: Ukrainian, Ukraine, Rykove, Kherson, Bakhmut, Crimea, Russia, Kyiv, Moscow, Volnovakha, Mariupol, Zaporizhzhia, Orikhiv, Mala Tokmachka, Pyatykhatky, Donetsk, Zherebyanki, Kamyanske, Dnipro, Melitopol, Azov, Kupyansk, Kharkiv, Russian

☆ Opinion: What Putin’s awkward meeting with Russia’s war bloggers reveals
▼ + stars: | 2023-06-20 | by ( Opinion Mark Galeotti | ) edition.cnn.com time to read: +6 min

However, in Russia there is a particular issue: Russians have long become used to being lied to by their state. Even before the war, almost half got their news from social media, with the proportion having risen since the invasion. They have thus become powerful not just in shaping the domestic narrative, but also in the Kremlin’s wider information war. Even Putin has come to realise that to spin his message, he can no longer stick to the official media. Hence his carefully-choreographed sit-down with a group hand-picked from both the official war correspondents and the online voenkory.

Persons: Mark Galeotti, Vladimir Putin, influencers, ”, –, Semyon Pegov, Yury Podolyaka, Putin, Yevgeny Prigozhin, Wagner, Igor ‘ Strelkov, Girkin, ’, voenkory, He’s, voenkor ” Organizations: Mayak Intelligence, University College London, CNN, Mark Galeotti Mayak Intelligence, Kremlin, Twitter, Facebook Locations: Chechnya, Ukraine, Russia, Afghanistan, Russian, Kremlin Ukrainian, Crimea, Belgorod

A number of major banks have cut their 2023 gross domestic product growth forecasts for China after May data last week showed the post-COVID recovery in the world's second-largest economy was faltering. The oil and gas rig count, an early indicator of future output, fell by 8 to 687 in the week to June 16, lowest since April 2022. , , . Earlier this month, OPEC+ had agreed on a new oil output deal. The group's biggest producer Saudi Arabia also pledged to make a deep cut to its output in July. Reporting by Katya Golubkova in Tokyo and Emily Chow in Singapore; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.

Persons: Brent, Tina Teng, PBOC, Edward Moya, Moya, Igor Sechin, Sechin, Katya Golubkova, Emily Chow, Tom Hogue Organizations: NK Rosneft, U.S, West Texas, People's Bank of China's, CMC Markets, Reuters, of, Petroleum, Thomson Locations: TOKYO, United States, China, U.S, Russia, OPEC, Saudi Arabia, Tokyo, Singapore

☆ A.I. could ‘remove all human touchpoints’ in supply chains. Here’s what that means
▼ + stars: | 2023-06-19 | by ( Lucy Handley | ) www.cnbc.com time to read: +7 min

Ryan Collerd | Bloomberg | Getty ImagesArtificial intelligence is likely to shake up the transportation industry — transforming how supply chains are managed and reducing the number of jobs carried out by people, according to analysts and industry insiders. Sidewalk robots, self-driving trucks and customer service bots are on their way, along with generative AI that can predict disruptions or explain why sales forecasts may have been missed, according to industry executives. "AI may be able to totally (or nearly) remove all human touchpoints in the supply chain including 'back office' tasks," Morgan Stanley 's analysts led by Ravi Shanker stated in a research note last month. AI is the latest one of these potentially transformative technologies to emerge – and perhaps the most powerful to-date," the analysts added. This is a theme picked up by analysts at investment firm Jefferies, who made multiple predictions about the effect that generative AI will have on transportation and logistics.

Persons: Morgan Stanley, Ryan Collerd, Ravi Shanker, Morgan, Jefferies, Stephanie Moore, Navneet Kapoor, Kapoor, Maersk, Igor Rikalo Organizations: Hershey Co, Bloomberg, Getty, EV, Trucking, Logistics, CNBC, Maersk, o9 Solutions Maersk Locations: U.S, Russia, Ukraine

☆ Moldova bans pro-Russian Shor party after months of protests
▼ + stars: | 2023-06-19 | by ( Alexander Tanas | ) www.reuters.com time to read: +3 min

[1/5] Marina Tauber, leader of the opposition pro-Russian political party Shor, delivers a speech during a hearing of the Constitutional Court in Chisinau, Moldova, June 19, 2023. REUTERS/Vladislav CuliomzaSummary Constitutional Court bans pro-Russian Shor partyShor lawmakers can remain in parliament as independentsPresident Maia Sandu welcomes court's decisionCHISINAU, June 19 (Reuters) - Moldova's Constitutional Court on Monday banned the pro-Russian Shor party that has led months of protests and is headed by an exiled businessman accused by the West and the government of trying to destabilise the country. Shor has denied the protests are part of a Russian threat or of attempts to destabilise Moldova. Parliamentary speaker Igor Grosu said the court's decision was "an important victory for Moldovan democracy". Opposition Socialist Party leader Igor Dodon said Sandu's governing Action and Solidarity Party had "officially become totalitarian, destroying opposition forces" and that it would eventually suffer the same fate as the Shor party.

Persons: Marina Tauber, Shor, Vladislav Culiomza, Maia Sandu, Ilan Shor, Nicolae Rosca, Sandu, Igor Grosu, Igor Dodon, Alexander Tanas, Anna Pruchnicka, Timothy Heritage, Mark Heinrich, Ed Osmond Organizations: Constitutional, REUTERS, West, European Union, EU, Moldovan, Opposition Socialist Party, Solidarity Party had, Thomson Locations: Russian, Chisinau, Moldova, CHISINAU, Israel, United States, Soviet, Russia, Moldova's, Transdniestria

OPEC+ accounts for around 40% of global oil production, while Rosneft takes the same share of Russia's oil output. In remarks published later on Rosneft's website from Sechin's speech, he said Saudi Arabia is voluntarily cutting oil production, while also increasing production capacity. He said Saudi Arabia may increase the amount of drilling rigs by at least a quarter in the next two years. Speaking at the forum, Sechin also said it was more difficult for OPEC countries to find common ground due to differences in economic structure and oil production. "In coming years, humanity will face the problem of production capacities and OPEC countries will no longer be able to meet the growing demand," he said.

Persons: Igor Sechin, Vladimir Putin, Sechin, Rosneft, Olesta Astakhova, Vladimir Soldatkin, Louise Heavens, David Holmes Organizations: Russia, Organization of, Petroleum, Thomson Locations: MOSCOW, United States, OPEC, Russia, Saudi Arabia, Saudi

☆ Russian forces ‘highly likely’ behind attack on Ukrainian dam, international law investigation says
▼ + stars: | 2023-06-16 | by ( Amanda Macias | ) www.cnbc.com time to read: +2 min

Maxar satellite imagery BEFORE the damage to the Nova Kakhovka Dam in Ukraine. WASHINGTON — An international team of investigators said in a new report Thursday that it is "highly likely Russian forces deliberately destroyed" the Kakhovka dam in southern Ukraine. Murdoch, who was part of one of the first delegations to arrive at the site, added the attack on the dam may constitute a war crime. Both Russia and Ukraine have placed the blame squarely on each other for the explosion at the dam. The predawn attack on the Russian-held dam unleashed the worst ecological disaster in Ukraine's history since the 1986 meltdown of Chornobyl.

Persons: WASHINGTON —, Catriona Murdoch, Murdoch, Igor Klymenko, Yousuf Syed Khan, Khan Organizations: Technologies, WASHINGTON, Global Rights, Mobile Justice Team, U.S . State Department, European, Foreign, Commonwealth, Development Office Locations: Ukraine, Russia, Kherson, European Union

☆ The inflation trader hiring frenzy: Where top players are landing as the war for talent heats up
▼ + stars: | 2023-06-14 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +2 min

Inflation trading has gone from a backwater to a $4 billion business as consumer prices careen. It's led to a rush of hiring by banks and hedge funds eager to tap top talent. Insider breaks down the biggest departures, promotions, and hires in inflation trading. Inflation trading isn't new, but up until the last two years, it was a bit of a backwater. It's Winkworth's second move since the renaissance in inflation trading — he joined Deutsche from Morgan Stanley in 2021.

Persons: It's, Jimmy Carter, Joaquin de Soto, Goldman Sachs, Jordan Lange, Carrington Fox, Igor Cashyn, Guy Winkworth, Sukhjeet Atwal, Morgan Stanley, we'll Organizations: Citadel, Barclays, May, JPMorgan, Deutsche Bank, Deutsche

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