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American policy is at a crossroads, but that won’t necessarily translate to a turning point in peace negotiations, analysts say. That’s because nothing suggests Russia is ready to come to the table, regardless of who ends up in the White House. The scope of the war is also too large for a simple negotiation between Moscow and Kyiv, experts say. Attritional war playing into Putin’s handsUkraine is already outmanned, and Putin appears ready to accept a high number of casualties. European nations are scrambling to increase ammunition production for Ukraine to prevent backsliding, in the event that US support drops off.
Persons: Volodymyr Zelensky’s, , Kamala Harris, Biden, Donald Trump, JD Vance, Trump, Thomas Graham, Putin, ” Graham, … Putin, John Lough, what’s, ” Lough, Oleh Shiryaev, Ivan Antypenko, that’s, , Vitaliy Milovidov, don’t, Volodymyr Zelensky, Micah Garen, Harris, Zelensky Organizations: CNN, Council, Foreign Relations, NATO, West, Eurasia Program, Ukrainian Armed Forces, Separate Assault, Reuters, Security Service, Ukraine’s, National Security Council, 15th Brigade National Guard, Russian, Nordic Locations: Russia, Kyiv, United States, Ukraine, Russian, Hungary, Slovakia, Moscow, London, China, Beijing, Kursk, Ukraine’s Zaporizhzhia, Zaporizhzhia, Donetsk, Iceland, ” Chatham, Bucha
CNN —The National Basketball Association is investigating reports that Philadelphia 76ers star center Joel Embiid “shoved” a columnist following the team’s loss to the Memphis Grizzlies on Saturday night. A visibly angry Embiid confronted Philadelphia Inquirer columnist Marcus Hayes as reporters entered the Sixers locker room, according to the Associated Press. Embiid reportedly continued mouthing at Hayes, who eventually offered an apology to the 76ers center. CNN has reached out to the Philadelphia 76ers, Embiid’s agent and the Philadelphia Inquirer but did not immediately hear back. “This poor conditioning apparently seems to have delayed his debut this season.”Philadelphia 76ers' Joel Embiid, top left, watches from the bench during the 76ers' game.
Persons: Joel Embiid “, , Embiid, Marcus Hayes, Hayes, Arthur, , ” Embiid, mouthing, Hayes ’, Hayes interjected, “ Joel Embiid, ” Hayes, Joel Embiid, Matt Slocum, , Marcus, I’ve, Daryl Morey, Nick Nurse, Paul George Organizations: CNN, National Basketball Association, Philadelphia 76ers, Memphis Grizzlies, Philadelphia, Sixers, Associated Press, AP, 76ers, NBA, Philadelphia Inquirer, ” Philadelphia 76ers Locations: Hayes
CHISINAU, Moldova (AP) — Moldova’s pro-Western President Maia Sandu has won a second term in a pivotal presidential runoff against a Russia-friendly opponent, in a race that was overshadowed by claims of Russian interference, voter fraud, and intimidation in the European Union candidate country. Today, you have saved Moldova!” Sandu said after claiming victory after midnight. Moldova’s large diaspora, which cast ballots in record numbers of more than 325,000 voted, heavily in favor of Sandu in the runoff. The presidential role carries significant powers in areas such as foreign policy and national security and has a four-year term. But the results of the ballots including Sunday’s vote were overshadowed by allegations of a major vote-buying scheme and voter intimidation.
Persons: — Moldova’s, Maia Sandu, Sandu, Alexandr Stoianoglo, ” Sandu, Stoianoglo, , , Ursula von der Leyen, you’ve, Stanislav Secrieru, Secrieru, Dorin Recean, Vladislav Culiomza, Silviana Zestrea, Ilan Shor, oligarch, Shor, Father Vasilii, it’s, Cristian Cantir, ” Savlina, Stringer Organizations: Western, European Union, Central Electoral Commission, CEC, Russia Party of Socialists, , Sunday, Moldovan, Northampton, Reuters, , EU, Police, Associated Press, Oakland University, AP, ” Moldovan Locations: CHISINAU, Moldova, Russia, “ Moldova, Sandu, Belarus, Azerbaijan, Turkey, Frankfurt, Germany, Liverpool, Soviet, Chisinau, Bucharest, Comrat, Gagauzia, EU, European, Ukraine, Brussels, Moscow
But in 2024, in an election cycle as divisive as ever, these same companies and many more have been less active in encouraging voting. Despite the nonpartisan nature of get-out-the-vote campaigns, companies may view any appearance of being political as a risk not worth taking. Some brands have found success and acceptance from their consumers with a get-out-the-vote campaign this election season. “No one is saying you’re not allowed to feel passionate about this coming election,” said Shankman. “But understand that not everyone who uses your company or buys your product is going to think the same way you do.
Persons: LeBron James, Naomi Osaka, , Armour, , Absolut, Edelman, That’s, Peter Shankman, , “ We’ve, Emily Hikade, it’s, Jen Rubio, you’re, I’d Organizations: CNN, Nike, ” Nike wasn’t, “ NIKE, Inc, BluShark, Corporate America
Amnesty said Saturday the woman had been “violently arrested” after she protested the “abusive enforcement” of the dress code at Tehran’s Islamic Azad University. The woman had previously been harassed by members of the Basij, an Iranian volunteer paramilitary group, inside the university’s grounds, according to an Iranian student social media channel, the Amir Kabir newsletter,. Iranian women can be subjected to harsh punishment, even for minor infractions. Since then, many Iranian women have protested by removing their headscarves in public. Amnesty called for the immediate and unconditional release of the Azad University student and demanded she be given access to her family and lawyer.
Persons: , , Amir Kabir, CNN hasn’t, Mai Sato, Mahsa, Amir Mahjob Organizations: CNN, Amnesty International, Amnesty, Islamic Azad University, UN, Azad University, Azad Locations: Iran, Fars, Tehran, Islamic Republic of Iran
CNN —Iran’s Supreme Leader Ayatollah Ali Khamenei has promised a “teeth-breaking” response to Israel and the United States after Israel targeted Iranian military sites in retaliatory strikes late last month. He was speaking during a meeting with students on Saturday, ahead of the anniversary of the 1979 seizure of the US embassy in Tehran, Iran’s state-run Press TV reported. Iran and Israel have long been enemies, a rivalry that deepened following Hamas’ attacks of October 7 last year and the subsequent Israeli invasion of Gaza. Khamenei’s remarks on Saturday signal a departure from Iran’s initial attempts to downplay the severity of the strikes carried out by Israel on October 25. He also said Iran is capable of producing nuclear weapons but remains curbed by a mandate by Supreme Leader Ayatollah Ali Khamenei against weapons of mass destruction, Press TV reported.
Persons: CNN —, Ayatollah Ali Khamenei, , Khamenei, Israel, Khamenei’s, Iran ”, Karine Jean, Pierre, Kamal Kharrazi, Lebanon’s Organizations: CNN, CNN — Iran’s, Zionist, Hamas, Press, Wednesday, Iran’s Strategic, Foreign Relations Locations: Israel, United States, Iran, Tehran, Iran’s, Gaza, Lebanon, Tira, Islamic Republic of Iran
If other Kremlin-friendly parties swing their support behind him, the second round will be extremely close. Both the Kremlin and Shor have denied interference, but Moldovan officials have warned the second vote could also be targeted by similar schemes. He has called for a “reset” of relations with Moscow and said he would be willing to meet Russian President Vladimir Putin, while maintaining he is committed to joining the EU. As a result, his platform is a mix of contradictory policies, said Samurokov: “You either support European integration, or you want to promote cooperation with Moscow. Evgenia Novozhenina/ReutersStill, Moldovan officials are braced for a second round of voting marred by pro-Russian meddling.
Persons: Maia Sandu, Sandu, Alexandr Stoianoglo, Sandu –, Moscow –, Stoianoglo, Vladislav Culiomza, Reuters Sandu, Valeriu Pasha, Ilan Shor, Shor, ” Maksim Samorukov, Sandu’s, , Vladimir Putin, Evgenia Novozhenina, ” Pasha, Volodymyr Zelensky, Organizations: CNN, European Union, EU, Russian Party of Socialists, World Bank, Moscow, Reuters, Reuters Analysts, Carnegie Russia Eurasia Center, Communist Locations: Soviet, Europe, Moldova, European, Ukraine, Harvard, Chisinau, Russian, Russia, Moscow, Transnistria, Georgian, , Georgia
A major Russian bank launched a 2% mortgage rate that is available only in occupied Ukraine. The incentive is in keeping with other Russian attempts to cement its hold on occupied Ukraine. AdvertisementRussia is debuting a rock-bottom mortgage rate with a catch: it's only available if you live in a warzone. "The aim is to consolidate Russia's long-term presence — through 30-year loans, which is highly unusual in Russia — in the occupied Ukrainian regions," she told Business Insider. Ukraine says Russia has offered financial incentives, up to 5 million rubles or $51,000, to Russians who move there.
Persons: , VTB, Agathe Demarais, topsy Organizations: Service, Russia's VTB Bank, NATO, geoeconomics, European Council, Foreign Relations, Reuters Locations: Russian, Ukraine, Russia, Luhansk, Donetsk, Ukrainian
A New York woman has been charged with assault as a hate crime after she allegedly pepper-sprayed her Muslim Uber driver as he praying at a red light, prosecutors said Thursday. Jennifer Guilbeault, 23, allegedly launched the “anti-Muslim” attack on July 31, the Manhattan District Attorney’s Office said in a news release Monday. A few minutes later the driver called 911 and Guilbeault was arrested at the scene. Guilbeault has been charged in a New York State Supreme Court indictment with second-degree assault as a hate crime, third-degree assault as a hate crime, and second-degree aggravated harassment. “As alleged, Jennifer Guilbeault senselessly assaulted a Muslim Uber driver while he was just doing his job,” District Attorney Alvin L. Bragg said in a statement.
Persons: Uber, Jennifer Guilbeault, Guilbeault, She’s, , Jennifer Guilbeault senselessly, Alvin L, Bragg, , there’s Organizations: Manhattan, Attorney’s, Lexington, New York, NBC, Yorker, U.S, The, Islamic Relations Locations: York, Side, New, Muslim, Israel
I stayed at the Four Seasons in Jackson Hole and felt like I was in a luxury mountain lodge. AdvertisementWhen I stay in a hotel, I don't want a bland room or a lobby decorated like countless others across the country. But on a recent trip to Jackson Hole, Wyoming, I decided to try a Four Seasons for the first time. US News ranked the Jackson Hole location the best hotel in Wyoming. During my one-night stay, the lodge reminded me I was in Jackson Hole at every turn.
Persons: , Jackson, Kim Cole Organizations: Service, US Locations: Jackson, American, Arizona, Beach , Miami, Jackson Hole , Wyoming, Portland , Oregon, Wyoming
But they may ditch their argument Friday morning, when the October jobs report is set to be released — just days before Election Day. Groshen disagreed, saying that initial estimates of the monthly change in hiring are “noisier than they used to be” because of the lower response. However, that gets smoothed out in later revisions as response rates improve with the additional time. That exacerbates the funding shortfall at the BLS, where inflation-adjusted funding has steadily declined over the past decade, she said. That would help improve, for instance, Federal Reserve officials’ ability to make interest rate decisions that hinge on the latest labor market data, Groshen told CNN.
Persons: Donald Trump, Hurricanes Helene, Milton, Republican Sen, Marco Rubio, , Harris, ” Rubio, Rubio, Erica Groshen, Trump, Karoline Leavitt, Kamala Harris “, Laura Kelter, Groshen, Organizations: New, New York CNN, Bureau of Labor Statistics, BLS, Hurricanes, Republican, Biden, Trump, Cornell University School of Industrial and Labor Relations, Department of Labor, Census Bureau, Management, CNN, Biden Administration, Employment, Federal Locations: New York, Florida, America
North Korea fighting alongside Russia would be a serious escalation to the Ukraine war. Experts criticized a lack of decisive Western strategy in countering the threat. AdvertisementWestern allies have options to react to the threat of North Korean troops in Russia, but are hamstrung by fears of escalation, military experts told Business Insider. The fact that now a serious escalation looks possible thanks to North Korea is an indication of the failure of that policy, Hunter told BI. Western states are likely to have been quietly hoping that China might step in diplomatically and dissuade North Korea, Hunter said.
Persons: , Mark Rutte, Volodymyr Zelenskyy, Patrick Bury, Kim Jong Un, Edward Hunter Christie, Hunter, Richard Fontaine, It's, Jens Stoltenberg, Gabrielius Landsbergis, Emmanuel Macron, Landsbergis, Germany's Chancellor, Olaf Scholz, Ann Marie Dailey, Joe Biden's, Western Europe —, Biden, Dailey, we're Organizations: NATO, Service, Pentagon, UN, Politico, UK's University of Bath, Finnish Institute of International Affairs, Center, New, New American Security, Bloomberg, Biden, RAND Locations: Korea, Russia, Ukraine, Kursk, Europe, New American, Norway, Western, Congress, Poland, Russian, South Korea, Western Europe, North Korea, China
“(It) doesn’t matter who it is (that wins),” one social media user wrote in a popular comment on China’s X-like platform Weibo. “There’s no perfect system, but at least they allow people to question them,” one social media user said on Weibo. Both Harris and Trump have been hot topics on Chinese social media platforms. Harris appeared to be relatively unknown to Chinese social media users prior to becoming the Democratic candidate after Biden’s July withdrawal from the race. But Trump is still seen in Beijing’s policy circles as likely to drive a more fractious relationship with China than Harris would.
Persons: Li Shuo, Kamala Harris, Donald Trump, Trump’s, Joe Biden, Xi Jinping, Brendan Smialowski, hashtag, , China’s, , Harris, Trump,  Chuan, “ Trump, can’t, Wu Xinbo, ” Wu, Shi Yinhong, Biden, Vladimir Putin, Wu, Gan Organizations: Hong Kong CNN, CNN, Huawei, Biden, Economic Cooperation, Getty, China Daily, Xinhua, Weibo, American, Communist Party, Democratic, Washington, Center for American Studies, Shanghai’s Fudan University, Renmin University Locations: China, Hong Kong, Beijing, Taiwan, Asia, California, AFP, Weibo, Liberty, United States, US, Europe, Ukraine –, Russia, Shanghai
Lloyd Morgan was struggling to make ends meet working multiple jobs and earning under $50,000. Now he's working in local politics and earning $78,500 annually. Morgan decided he had to try something different. In recent years, some people have decided college isn't worth it due to the cost of higher education and job opportunities for workers without degrees. To be sure, a college degree doesn't guarantee a higher-paying job.
Persons: Lloyd Morgan, , Morgan, Pennsylvania State Sen, Jimmy Dillon, wasn't, he's, Dillon —, Sen, Dillon, Dillon doesn't, it's Organizations: Service, Penn State Abington, Penn State University, Pennsylvania State, Business, College, Dean College in, Dean College, University of Pennsylvania, WIC, Public Locations: Philadelphia, Penn, Dean College in Massachusetts, Manhattan, Pennsylvania
It is clear what Russia stands to gain from an influx of some 10,000 North Korean troops to aid its war in Ukraine. North Korean troops are expected to help with that. North Korea, for its part, needs a partner that will shield it from the United Nations Security Council as it pursues its nuclear ambitions. “North Korea is trying to get as many benefits as it can from this relationship,” said Edward Howell, an expert on North Korea at the Chatham House think tank. “If thousands of North Korean troops learn how to survive on a battlefield full of drones,” Gabuev said, “that is a lesser problem than North Korea having quieter nuclear-capable submarines.
Persons: Kim Jong, Kim, Vladimir Putin, ” Alexander Gabuev, Russia —, Mark Rutte, NBC’s Keir Simmons, Putin, ” Putin, didn’t, ” Gabuev, Kim Jong Un, Mikhail Metzel, , Edward Howell, , Gabuev Organizations: West, Carnegie Russia Eurasia Center, NBC News, Pentagon, Ukraine, NATO, Vostochny, Getty, Yonhap News Agency, United Nations Security Council, Chatham House, . Security Locations: Russia, Ukraine, Europe, Asia, United States, North Korea, Berlin, , West, Russia’s Kursk, Moscow, Ukrainian, Kursk, Washington, Kazan, Pyongyang, Korea, North Korean, AFP, South Korea, Seoul
AdvertisementChina's warplanes are pressuring Taiwan and have all but eliminated an important dividing line, with near-daily incursions creating a dangerous new normal. Since 2020, Taiwan has released regular, almost daily updates on incursions in its air defense identification zone by Chinese military aircraft. In 2021, the Chinese military flew 972 aircraft into Taiwan's ADIZ, and that number nearly doubled in 2022. "We've become desensitized to high numbers of the military aircraft flying across the median line of the Taiwan Strait," Shattuck told Business Insider. AdvertisementChinese incursions are tiring out Taiwan's forcesThe near-daily ADIZ incursions aren't just changing the status quo in the area; they're also exhausting Taiwan's military.
Persons: , Thomas J, Shattuck, Benjamin Lewis, They're, Nancy Pelosi, We've, hasn't, Lai Ching, of National Defense Yen Teh, Lewis, Lai, Taiwan's, Amanda Hsiao, GAO Organizations: Service, Foreign, Research, deconfliction, Taiwan, Getty, CAP, People's Liberation Air Force, Taiwan's Military News Agency, Anadolu, Getty Images, People's Liberation Army, of National Defense, Democratic Progressive Party Locations: Taiwan, China, AFP, Taiwan Strait, Taiwan's, Getty Images China, Taipei, Washington, Beijing, Taiwan's ADIZ, United States
An eighth-inning rally capped by sacrifice flies by second baseman Gavin Lux and outfielder Mookie Betts put the Dodgers in front. This title, the eighth in franchise history, can stand beside the Dodgers’ trophy from the pandemic-shortened season in 2020. The precedent feels preposterous until you consider the current Dodgers who will one day join them in the Hall of Fame. “Mark,” he told Freeman, “wants to win really bad.” That desire became clear to Ohtani when he met with the Dodgers. After Freeman launched his grand, Gibsonian walkoff in Game 1 against the Yankees, the Dodgers got the job done.
Persons: Walker Buehler, Buehler, Tommy John, Freddie Freeman, Gerrit Cole, Blake Treinen, Gavin Lux, Mookie Betts, Figueroa, Ohtani, Yoshinobu Yamamoto, Dave Roberts, Andrew Friedman, ’ ” Friedman, Jackie Robinson, Sandy Koufax, Don Drysdale, Duke Snider, Roy Campanella, Pee Wee Reese, Roberts, Friedman, Mark Walter, Frank McCourt, Walter’s, Walter, Stan Kasten, Kasten, ” Kasten, Justin Turner, Joc Pederson, gaffes, Trevor Bauer, groused, Max Scherzer, Jake Cronenworth, Lance Lynn, Eddie Rosario, “ We’ve, ” Roberts, “ That’s, Yamamoto, Freeman, “ Mark, , , Tyler Glasnow, Teoscar Hernández, Ippei Mizuhara, Betts, Glasnow, , Max Muncy, “ We’re, ” Muncy, Yu Darvish, Gibsonian, Jack Flaherty, Cole, Aaron Judge, Anthony Volpe, Hernández, Alex Vesia, Graterol, Juan Soto, Soto, Giancarlo Stanton lofted, Flaherty, Treinen toiled, Daniel Hudson, Treinen, Jazz Chisholm, Treinen steeled, Stanton, Anthony Rizzo, Volpe, Wells, Alex Verdugo, Elsa, Getty Organizations: New York Yankees, Los Angeles Dodgers, Dodgers, Yankee, homering, Yankees, Dodger, Boys, of Fame, Walter’s Guggenheim Baseball Management, Atlanta Braves, Washington Nationals, National League West, Tampa Bay Rays, American League East, , Houston Astros, Boston Red Sox, Hall of Fame, Navy, National League, Arizona Diamondbacks, Athletic, Diamondbacks, San Diego Padres, of Famers, Padres, New, Yankees miscues, Buehler Locations: Brooklyn, Southern California, Cooperstown, West, Arlington , Texas, Los Angeles, , Arizona, Atlanta, Lux, Treinen
Buenos Aires Reuters —Argentina’s President Javier Milei on Wednesday replaced Foreign Affairs Minister Diana Mondino after she voted in favor of lifting the US embargo against Cuba at the United Nations. Earlier on Wednesday, the UN General Assembly overwhelmingly called on the US to end its decades-long sanctions regime on Cuba, in a non-binding resolution opposed only by the US and Israel. Milei was having lunch when he received a call from Werthein inquiring about Argentina’s vote in favor of lifting the embargo on Communist-ruled Cuba, angering the right-wing leader, local news outlet TN reported. Earlier this year, Argentina’s state energy company YPF said it would not provide fuel to Cuban airline Cubana, prompting the state-run carrier to shut down a route run between Havana and Buenos Aires. Cuba’s foreign ministry at the time said Argentine officials cited the US embargo in defending the move.
Persons: Javier Milei, Diana Mondino, Milei, ” Gerardo Werthein, Manuel Adorni, Milei’s, YPF Organizations: Buenos Aires Reuters —, Wednesday, Foreign, United Nations, United, UN, Assembly, Mondino, Cubana Locations: Buenos Aires, Cuba, United States, Argentina, Venezuela, Israel, Brazil, China, Communist, Cuban, Havana
The Canadian government alleged on Tuesday that Indian Minister of Home Affairs Amit Shah, a close ally of Hindu nationalist Prime Minister Narendra Modi, was behind the plots to target Sikh separatists on Canadian soil. The Washington Post newspaper first reported that Canadian officials alleged Shah was behind a campaign of violence and intimidation targeting Sikh separatists in Canada. India has called Sikh separatists "terrorists" and threats to its security. Sikh separatists demand an independent homeland known as Khalistan to be carved out of India. The Canadian case is not the only instance of India's alleged targeting of Sikh separatists on foreign soil.
Persons: Narendra Modi, Amit Shah, of Home Affairs Amit Shah, Canada's, Shah, David Morrison, Morrison, Indira Gandhi, Hardeep Singh Nijjar, Vikash Yadav, Gurpatwant Singh Pannun Organizations: Indian, India's, of Home Affairs, Washington Post, Foreign, Commission of, FBI, West Locations: Varanasi, Canada, U.S, Commission of India, Ottawa, India, Washington, Indian, New York City, China
But when it comes to technology, one of the most powerful people shaping regulation isn't a candidate at all. Altman, the OpenAI co-founder and CEO, meanwhile, has put on a masterclass in wooing Washington, learning from Meta CEO Mark Zuckerberg and social media's missteps in front of Congress. Lawmakers have now begun embracing AI in a way they never did social media. That new messaging on AI regulation is largely thanks to Altman turning OpenAI into a lobbying powerhouse. Now, he's bringing his playbook to OpenAI, where his message to Washington is that if the U.S. doesn't lead the way in AI, an autocratic nation like China will.
Persons: It's Sam Altman, Donald Trump, Kamala Harris, Altman, Mark Zuckerberg, ChatGPT, Katie Harbath, They're, Chris Lehane, Lehane, Bill Clinton, doesn't Organizations: Republican, Democratic, Meta, Lawmakers, China, D.C Locations: Washington, OpenAI, U.S, China, American
A Chicago man has been charged with 14 felonies after allegedly shooting a Jewish man who was on his way to a local synagogue. But some community leaders are questioning why hate crime charges have not been filed. Snelling said that there wasn't enough evidence to add hate crime charges to the list but said it remained a possibility. "A man wearing the kippah as he walked to synagogue was shot and this has just escalated our anxieties." But I think it’s equally important to understand that whether or not there is a hate crime charge, that’s a technicality.
Persons: Sidi Mohamed Abdallahi, Larry Snelling, Snelling, Abdallahi, Ward Ald, Debra Silverstein, Silverstein, Rabbi Shlomo Soroka, , It's, that's Organizations: The Chicago Police Department, NBC Chicago, FBI, , ADL, Extremism, Islamic Relations, Synagogue Locations: Israel, Illinois, United States, U.S, Pittsburgh
Palmer Luckey told MIT Technology Review he's still "sore" about being ousted from Facebook in 2017. Luckey, who founded Oculus VR, has since turned his efforts to Anduril, a defense tech company. AdvertisementPalmer Luckey is still angry about his ousting from Facebook eight years ago — but the billionaire virtual reality guru doesn't blame Meta CEO Mark Zuckerberg. Much of his remaining ire, Luckey told the outlet, is reserved for less well-known people involved in the situation, such as public relations agents, reporters, and lawyers. "Anyway," Luckey told MIT.
Persons: Palmer Luckey, Mark Zuckerberg, , Palmer, Luckey, I'd, I've, it's, It's, Meta —, Facebook —, Donald Trump, Zuckerberg, Zuck, Luckey's, resentments, Andrew Bosworth, Meta Organizations: MIT Technology, Facebook, VR, Service, Meta, Trump, MIT, Reality Labs, Pepperdine University Locations: Luckey, Meta
EU slaps tariffs on Chinese EVs, risking Beijing payback
  + stars: | 2024-10-29 | by ( ) www.cnbc.com   time to read: +4 min
A senior EU official said the extra tariffs had been formally approved on Tuesday. It says China's spare production capacity of three million EVs per year is twice the size of the EU market. Beijing has called the EU tariffs protectionist and damaging to EU-China relations and automotive supply chains, and has launched its own probes this year into imports of EU brandy, dairy and pork products in apparent retaliation. The Commission estimates Chinese brands' share of the EU market has risen to 8% from below 1% in 2019 and could reach 15% in 2025. German carmakers have heavily criticized the EU measures, aware that possible higher Chinese import duties on large-engine gasoline vehicles would hit them hardest.
Persons: Viktor Orban Organizations: European Union, European Commission, China's SAIC, EU, World Trade Organization, Volkswagen, France's PFA, China's, China Passenger Car Association Locations: Huaian, Jiangsu Province, China, Europe, Beijing, United States, Canada, EU, Germany, Hungarian
1 at the box office, but the comic book film fell significantly short of expectations. After much bigger launches, the first “Venom” powered to $856 million worldwide while “Let There Be Carnage” surpassed $500 million worldwide. The follow-up to 2019’s billion-dollar hit “Joker” has turned into a box office disaster with $57.8 million domestically and $201.1 million globally. The R-rated sequel to 2022’s “Smile,” which topped the box office last weekend, has generated $40.7 million in North America and $83 million worldwide to date. The well-reviewed family film has endured at the box office with minimal week to week drops, amassing $111 million domestically and $232 million worldwide so far.
Persons: , Tom Hardy, , Venom, Kelly Marcel, Hardy, Eddie Brock, Jeff Bock, , Robert Zemeckis, Tom Hanks, Robin Wright, Dwayne “, ” Johnson, “ Moana, David A, Gross, Ralph Fiennes, Edward Berger, Audiences, Andrew Garfield, Florence Pugh, Sean Baker’s Palme d’Or Organizations: Marvel, Sony, Yankees, Dodgers, Rotten, Entertainment Research, Warner Bros, Catholic, Universal, DreamWorks, Cannes Locations: New York City, Los Angeles, North America, CinemaScore, Russian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUndecided voters and those who didn't vote in 2016 and 2020 trending toward Harris, says professorPeter Trubowitz, a professor of international relations and director of the Phelan U.S. Centre at the LSE, previews the U.S. presidential election taking place next week.
Persons: Harris, Peter Trubowitz, Phelan Organizations: Phelan U.S, Centre, LSE
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