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☆ Trump’s energy policy will be more complex than ‘drill baby drill’
▼ + stars: | 2024-12-21 | by ( Ella Nilsen | ) edition.cnn.com time to read: +8 min

Both are staunch fossil fuel advocates, but each has also worked with clean energy. But Musk’s influence on Trump’s energy policy is less certain, as he has been tasked with a new commission cutting government spending and agency jobs. Trump’s energy policy will also be impacted by the fast-changing energy landscape. We would obviously like to see our permits uphold court challenges.”The battle lines on clean energy are less clearWhat’s less clear is what Trump’s picks will mean for clean energy. Nuclear has enjoyed bipartisan support, and it’s getting major boosts from big tech companies that have signed agreements to source much of their power from nuclear energy.

Persons: Donald Trump, it’s, Biden, Trump, Doug Burgum, Chris Wright, Wright, Elon Musk, Joe Biden, ”, Neil Chatterjee, Dan Koeck, Karoline Leavitt, we’ve, —, Ron Ness, Burgum, Trump’s, Charlie Riedl, “ That’s, Alan Ahn, they’ve, they’re, Chatterjee, “, ” Chatterjee, CNN’s Alayna Treene Organizations: CNN, North Dakota Gov, Interior, Energy Secretary, Elon, America’s, EV, GOP, Federal Energy Regulatory Commission, Washington Post, Trump, North Dakota Petroleum Council, Biden’s Energy Department ., Center, LNG, Biden’s Interior Department, Trump . Nuclear, Microsoft, Nuclear, Republicans Locations: liquefy, Colorado, North Dakota, North, Wilton , North Dakota, Paris, America, Europe, Asia, South America, Biden’s, Pennsylvania

☆ A world-renowned chocolatier shares the 2 store-bought chocolate brands he buys for himself
▼ + stars: | 2024-12-21 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +2 min

Christophe Rull is a world-renowned chocolate master and executive pastry chef at the Hotel Bel-Air. Business Insider asked him to share his favorite store-bought chocolate brands. Christophe Rull is a world-renowned chocolate master, a cast member of Netflix's "Bake Squad," and the executive pastry chef at Los Angeles' iconic Hotel Bel-Air. Rull is developing a chocolate program at the hotel's new bakery, The Patisserie, but was happy to share the two store-bought chocolate brands he loves — just in time for holiday shopping — with Business Insider. Rull told BI that one of his favorite store-bought chocolate brands is Läderach, which is currently run by 2018 World Chocolate Masters champion Elias Läderach, who made history as the first Swiss person to win the title.

Persons: Christophe Rull, Rull, Läderach, —, He's, Elias Läderach, Jean, Marie Auboine's, Auboine, Marie Auboine Chocolatier Organizations: Bel, Air . Business, Business, Food Network, Netflix, Bellagio, Costco, Las Locations: Switzerland, Los Angeles, Swiss, Canada, Europe, Asia, Fontainebleau, Miami, Las Vegas

Elon Musk waded into Germany’s election on Friday, expressing his support for a far-right anti-immigrant and anti-Islam party that's being monitored by the country’s domestic intelligence agency. “Only the AfD can save Germany,” the tech billionaire wrote on X, referring to the Alternative for Germany party. In September, it became the first far-right party to win the most votes in a state election since the Nazi era, when it triumphed in Thuringia. Party leader Björne Höcke has twice been found guilty by a German court of purposefully employing Nazi rhetoric. Musk also voiced support for the AfD last year when he criticized the German government over its handling of illegal migration.

Persons: Elon, Chancellor Olaf Scholz's, Scholz, Christian Lindner, Björne Höcke, Maximilian Krah, Donald Trump, Keir Starmer Organizations: “, Germany, Social Democratic Party, SDP, Free Democrats, environmentalist Green Party, Reuters, SS, ’, SpaceX, Department of Government, British Locations: Germany, East Germany, Thuringia, Italian, China, Russian, Britain

As U.S. diplomats arrived in Damascus on Friday, Syria's de facto new leader Ahmed al-Sharaa will likely have greeted them with a clear message: Under his rule, there will be no threat to the West. As his new administration takes charge, he has also called for the United States and other countries to drop sanctions against Syria. He has also attempted to move away from his past as a jihadist leader with links to both the Islamic State terrorist group and Al Qaeda. Ahmed al-Sharaa, formerly known as Abu Mohammad al-Jolani and the head of the Hayat Tahrir al-Sham rebel group. I think those are big questions," added Stroul, who is now a fellow at the Washington Institute for Near East Policy.

Persons: Syria's, Ahmed al, Sharaa, Abu Mohammad al, Hayat, Bashar al, Assad, ” Sharaa, “, ” Joze Pelayo, ”, Dana Stroul, Biden, Matthew Miller Organizations: Syria, BBC, Islamic State, Security Initiative, NBC News, Balkis Press, Defense Department, Washington Institute for Near, ”, ISIS, U.S, Associated Press Locations: Damascus, Hayat Tahrir, United States, “, Al Qaeda, Syria, AFP, Washington, Afghanistan, Idlib, Syria’s, Europe, Iraq

☆ Elon Musk endorses far-right German political party, wading deeper into global politics
▼ + stars: | 2024-12-20 | by ( Hadas Gold | ) edition.cnn.com time to read: +3 min

New York CNN —Elon Musk is wading into more than just American politics, throwing his support behind a far-right German political party. “Only the AfD can save Germany,” Musk wrote Friday while re-posting a video from far-right political activist Naomi Seibt. The AfD, which has recently seen its popularity swell, has touted populist and anti-immigrant “Germany first” positions. It’s not the first time Musk has waded into German politics. Musk has increasingly thrown his support behind far-right causes in Europe.

Persons: New York CNN — Elon, Trump, ” Musk, Naomi Seibt, Björn Höcke, It’s, ”, Olaf Scholz, Musk, Alice Weidel, Donald Trump, Christian Lindner, ” Lindner, Nigel Farage, Farage Organizations: New, New York CNN, “, Free Democratic Party, UK, Telegraph Locations: New York, Germany, Thuringia, Europe, British

☆ Trump to Europe: Buy more of our oil and gas or face tariffs
▼ + stars: | 2024-12-20 | by ( David Goldman | Matt Egan | ) edition.cnn.com time to read: +2 min

“I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas. Trump has continued to use the threat of tariffs as a negotiating tactic with countries he believes are treating the United States unfairly. But the United States is already the largest supplier of liquefied natural gas to Europe, according to the US Energy Information Administration. Still, Europe exports far more goods to the United States than it imports from America. Trump’s tariff threat adds more uncertainty into a market that is already weary of stalled-out progress on inflation.

Persons: Donald Trump, “, ” Trump, Trump, Mexico — Trump Organizations: CNN, European Union, US Energy Information Administration Locations: United States, Canada, Mexico, Europe, America, Ukraine, China

☆ Behind the scenes with the team who make Blackstone's videos
▼ + stars: | 2024-12-20 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +13 min

Blackstone's outlandish holiday videos have become must-see TV for Wall Street and beyond. A minute later, Joe Lohrer, the head of US retail sales for Blackstone Private Wealth Solutions, was dripping wet, and the head of Blackstone's video team, Jay Gillespie, called for another take. AdvertisementIn another series, Gillespie's video team interviews a series of managing directors. This person referred to Blackstone's holiday video as "Jon Gray's baby" and said Gray appears to have a great working relationship with Gillespie. Gray is usually the first person to come up with the idea for the holiday video, Gillespie said.

Persons: they're, Jon Gray, Laurie Carlson, Carlson, Joe Lohrer, Jay Gillespie, Alex Nicoll, Gillespie, who's, Blackstone, It's, Christine Anderson, Joe Zidle, Kathleen McCarthy, Dan Roth, Roth, Gray, Anderson, Michael Scott, Steve Carell, Courtest, Steve Schwarzman's, David Blitzer's, Bennett Goodman, Steve Schwarzman, Bard, Joe Baratta, Matt Anderson, Baratta, Schwarzman, Jon Gray's, Jon, Christine Organizations: Wall, Business, Blackstone Private Wealth Solutions, Coachella, Blackstone, New, BI, New Jersey Devils, YouTube, BLACKSTONE Locations: Australia, Europe, New York, Hudson, America, Asia

☆ VW reaches deal with union after grueling talks
▼ + stars: | 2024-12-20 | by ( ) www.cnbc.com time to read: +1 min

The agreement was nevertheless hailed as a "Christmas miracle" by union leaders after 70 hours of grueling negotiations, the longest in the company's 87-year history, as there would be no immediate site closures, layoffs or wage cuts. Volkswagen has been in talks with union representatives since September over measures it says are necessary for it to compete with cheaper Chinese rivals, lackluster demand in Europe and slower-than-expected adoption of electric vehicles. "After long and intensive negotiations, the agreement is an important signal for the future viability of the Volkswagen brand," group CEO Oliver Blume said in a statement. VW said the deal would allow savings of 15 billion euros annually in the medium term and saw no significant impact on its 2024 guidance. It said it was looking into alternative options for its Dresden plant and repurposing the Osnabrueck site.

Persons: Oliver Blume, VW Organizations: Volkswagen Locations: Europe, Dresden, Mexico

☆ Silver amulet discovered in Germany could rewrite Christian history in Europe
▼ + stars: | 2024-12-20 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +6 min

CNN —A small silver amulet discovered by archaeologists in Germany could transform our understanding of how Christianity spread under the Roman Empire, experts have said. However, it has taken until now for researchers to be able to examine a thin silver foil that was found inside it. The “hair-thin” foil inside the amulet was so brittle that it would have simply disintegrated if researchers had tried to unfurl it. At the time of the burial, Christianity was becoming an increasingly popular sect but identifying as a Christian was still risky. Markus Scholz, an archaeologist and expert in Latin inscriptions and professor at Frankfurt’s Goethe University, painstakingly deciphered the text of the “Frankfurt Silver Inscription,” as it is known.

Persons: Michael Obst, Ivan Calandra, Jesus, Titus, St, Paul the Apostle, Markus Scholz, St Titus, Holy, Jesus Christ, Lord Jesus Christ, Christ, ’, Wolfram Kinzig, Scholz, ” Kinzig, “, ”, Peter Heather, ” Heather, wasn’t, they’d, “ You’ve Organizations: CNN, Archaeological, Denkmalamt Stadt, Leibniz Center for Archaeology, Frankfurt’s Goethe University, University of Bonn, University of Bonn’s, King’s College London Locations: Germany, Roman, Frankfurt, Nida, Hesse, Denkmalamt, Denkmalamt Stadt Frankfurt, Mainz, LEIZA, Europe, Roman Germania, Roman Germany

☆ Italy’s Matteo Salvini found not guilty of kidnapping in migrant case
▼ + stars: | 2024-12-20 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +2 min

Rome CNN —Italian Deputy Prime Minister Matteo Salvini was found not guilty in a criminal kidnapping case dating back to August 2019, when he barred a migrant vessel from docking in the country, leaving it stranded offshore. The ruling judge said Friday that “the facts do not exist.”The case dates back to when Salvini was interior minister in 2019. At the time, Salvini cited national security concerns, amid government efforts to crack down on irregular immigration by sea into Italy. The case drew international attention after American actor Richard Gere, who was vacationing in Italy at the time, took food and water out to the stranded migrant vessel. Defending Italy’s borders was my duty, and I am proud of what I accomplished.

Persons: Rome, Matteo Salvini, Salvini, Richard Gere, Gere, Giulia Bongiorno, Elon Musk, ” Salvini, ” Musk, Marzia Sabella, ”, “, Giorgia Meloni’s Organizations: Rome CNN, NGO, Salvini’s Lega, Albanian Centers, European Court of Justice Locations: Sicily, Italy, Salvini’s, Europe, Palermo, Albania

☆ I spent a weekend in Solvang, California, one of the best Christmas towns in the US, and it transported me to Europe
▼ + stars: | 2024-12-20 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: 1 min

I went to Solvang, a small California town known as the "Danish Capital of America." With traditional architecture and replicas of monuments in Denmark, I felt transported to Europe. AdvertisementKnown as the "Danish Capital of America," Solvang's cuisine and architecture have turned it into a popular tourist destination. And while the temperature in December rarely dips below 70 degrees in central California, Solvang has continued to earn spots on lists like "The Most Magical Christmas Towns in the US." AdvertisementWith Christmas just around the corner, I decided to plan a weekend in Solvang — and was transported to Europe.

Persons: Solvang Organizations: of America, of Locations: California, Denmark, Europe, of America, Solvang —

☆ Volkswagen reaches deal with union after grueling talks
▼ + stars: | 2024-12-20 | by ( ) edition.cnn.com time to read: +3 min

Volkswagen has been in talks with union representatives since September over measures it says are necessary for it to compete with cheaper Chinese rivals, lackluster demand in Europe and slower-than-expected adoption of electric vehicles. “After long and intensive negotiations, the agreement is an important signal for the future viability of the Volkswagen brand,” group CEO Oliver Blume said in a statement. VW said the deal would allow savings of 15 billion euros annually in the medium term and saw no significant impact on its 2024 guidance. “No site will be closed, no one will be laid off for operational reasons and our company wage agreement will be secured for the long term,” said works council chief Daniela Cavallo. “With this triple deal, we have achieved a rock-solid solution under the most difficult economic conditions,” she said.

Persons: Oliver Blume, VW, IG Metall, ”, Daniela Cavallo, Martin Meissner, Chancellor Olaf Scholz Organizations: CNN, Volkswagen, Metall, VW, Getty, automakers Locations: Europe, Dresden, Mexico, Hanover, Wolfsburg, Germany, Europe’s

☆ Elon Musk endorses far-right Alternative for Germany party in upcoming election
▼ + stars: | 2024-12-20 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

Tesla CEO Elon Musk, a meagdonor and adviser to President-elect Donald Trump, is now seeking to influence Germany's election, posting an endorsement on X of the country's far-right Alternative for Germany (AfD) party. In a post Thursday night, Musk wrote, "Only the AfD can save Germany." In a post on X, Sen. Chris Murphy (D-Conn.) called Musk an "out of touch billionaire running the incoming Trump Administration" who "enthusiastically supports the neo-Nazi party in Germany." On Friday, German Chancellor Olaf Scholz, a center-left Social Democrat, dismissed Musk's claim that only the far-right party can "save Germany." Many cheered Trump's election, which Musk helped finance through $277 million in contributions to the campaign and related Republican causes.

Persons: Elon, Donald Trump, Elon Musk, Musk, Naomi Seibt, Germany's, Friedrich Merz, Elon Musk's, Javier Milei's, Seibt, Sen, Chris Murphy, Murphy, Hitler, didn't, Olaf Scholz, Trump's, Tesla, Giorgia Meloni, Nigel Farage, Milei Organizations: Republican, Trump, Guardian, Trump Administration, Nazi, Social Democrat, Pew Research, European Automobile Manufacturers Association, Italian, Reform Locations: Butler , Pennsylvania, U.S, Germany, Argentina, Ukraine, Russia, Netherlands, Austria, Finland, Berlin, Poland, Brandeburg, Europe, Euopre, South America

☆ Europe's economic troubles persist, economist warns
▼ + stars: | 2024-12-20 | 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 EmailEurope's troubles persist with UK facing stagflation and Germany's lack of reform, economist warnsNancy Lazar of Piper Sandler discusses her outlook for the European economy, and why she's particularly concerned about Germany as the 'sick man' of the Eurozone.

Persons: Nancy Lazar, Piper Sandler, she's Locations: Germany

☆ Stonehenge may have united ancient Britons before European populations replaced them
▼ + stars: | 2024-12-19 | by ( Ashley Strickland | ) edition.cnn.com time to read: +12 min

Researchers believe the Altar Stone was placed within the central horseshoe during a rebuilding phase. The Altar Stone is the largest of the bluestones used to build Stonehenge. Today, the Altar Stone lies recumbent at the foot of the largest trilithon and is barely visible peeking through the grass. Many questions remain about the exact purpose for Stonehenge and the Altar Stone. The newcomers replaced hunter-gatherer communities that had inhabited Britain previously and formed the majority of the population from 4000 to 2500 BC, Parker Pearson said.

Persons: ”, Mike Parker Pearson, “, ” Parker Pearson, Ben Birchall, Parker Pearson, Nick Pearce, “ We’ve, Duncan Garrow, Garrow, Richard Bevins, Bevins, “ It’s, ” Bevins Organizations: CNN —, Archaeology, University College London’s Institute of Archaeology, Aberystwyth University “, University of Reading, Aberystwyth University, UK’s Aberystwyth University Locations: England, what’s, Scotland, Orkney, Europe, Wiltshire, England’s Salisbury, Britain, Wales, Woods, Marlborough, Durrington, Salisbury, Germany, Netherlands

☆ How ‘The Brutalist’ built architect László Tóth — inside and out
▼ + stars: | 2024-12-19 | by ( Thomas Page | ) edition.cnn.com time to read: +11 min

The thrust of the movie is Tóth’s commission to design a public institute for industrialist Harrison Lee Van Buren (Guy Pearce). Van Buren can assist with this, and help Tóth revive his career, but their relationship and its power imbalance comes at great personal cost. Becker designed everything by Tóth in the movie, from pieces of furniture to a library for Van Buren and his institute. It’s also deeply subversive, in that it’s slipped inside the passion project of Van Buren, a man he comes to rightly loathe. Adrien Brody and Felicity Jones play László and Erzsébet Tóth, Hungarian Holocaust survivors building a new life in midcentury Pennsylvania.

Persons: László, ” László, “, ” Erzsébet, won’t, Adrien Brody, Brady, László Tóth, Oscar, Corbet, Harrison Lee Van Buren, Guy Pearce, Erzsébet, Felicity Jones, Van Buren, Tóth, Corbet’s, Mona Fastvold, Brody, Judy Becker, ”, Lol Crawley, Van, ” Becker, Becker, It’s, it’s, ” “, I’ve, Marcel Breuer, Tadao Ando, Robert C, Huang, he’s, ” Brody, Howard Roark, King Vidor’s, Anthony Royal, Ben Wheatly’s Ballard, Cesar Catalina, Francis Ford Coppola’s, Erzsébet Tóth, ” — Corbet Organizations: CNN, Bauhaus, Weaver, U.S . Department of Housing, Urban, of Locations: Pennsylvania, America, United States, Venice, American, Europe, Hungarian, Budapest, Van Buren, Van, Hungary, German, Washington ,, Ibaraki, Japan, ”, midcentury Pennsylvania

☆ How Vuori reached a $5.5 billion valuation by taking share from Lululemon
▼ + stars: | 2024-12-19 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +11 min

"In ways, they've been taking share in that athleisure market broadly ... they're challenging the legacy players of Athleta and Lululemon." Vuori's store in the Flatiron District of New York City. "Vuori competes on a differentiated product, a differentiated brand, a differentiated store experience, differentiated materials," Vuori CEO and founder Joe Kudla told CNBC in an interview. We are all about product, product, product, and that's ultimately what results in great performance in our industry." Analysts say it comes down to Vuori's business model, its ability to grow profitably and its product assortment, which has resonated with shoppers.

Persons: It's, Gap's, Matthew Tingler, they've, Natalie Rice, Vuori, Joe Kudla, that's, aren't, Liston Pitman, Eatbigfish, Earnest, Randy Konik, Jefferies, Alo Yoga, Alo, Lululemon, Yuki Iwamura, GlobalData, wasn't, Kudla, weren't, Ernst & Young, Joe Kudla's, Kudla didn't, Jessica Ramirez, Jane Hali, REI Organizations: General Atlantic, Norwest Venture Partners, CNBC, Retailers, Bloomberg, Getty, Ernst &, Flatiron, DTC, Associates, Stripes Locations: Carlsbad , California, Flatiron, New York City, California, Americas, New York, REI, Europe, Asia, Lululemon

AsiaThe Fed's cautious stance on future rate cuts sent most Asian currencies reeling Thursday. We don't think the domestic interest rate policy would be heavily influenced by Fed's interest rate decision — whether in the short term or long term," said Edmund Goh, head of China fixed income at Abrdn. India's newly-appointed central bank governor Malhotra said he will look to uphold stability and continuity in policy in his role. Like many of its Asian peers, Korea's central bank is trying to strike a balance between supporting its currency while bolstering growth. Swiss National BankSwitzerland's central bank has been steaming ahead with its rate cuts, last week surpassing expectations with a bumper 50-basis-point reduction, taking its main rate to 0.5%.

Persons: Jerome Powell, Kevin Lamarque, Donald Trump —, Qian Wang, Kazuo Ueda, Richard A, BOJ, Naoki Tamura, Shigeto Nagai, Edmund Goh, Hao Zhou, Sanjay Malhotra, Malhotra, Dhiraj Singh, Dhiraj Nim, Chong, BOK, Christine Lagarde, Jana Rodenbusch, Matthew Ryan, Ryan, Ryan —, Martin Schlegel, CNBC's Carolin Roth, Andrew Bailey, Hollie Adams Organizations: Federal, Fed, Committee, Reuters, U.S . Federal, Vanguard, CNBC, greenback, South Korean, U.S ., Bank of Japan, Brooks, Getty, of Japan, Oxford Economics, U.S, People's Bank of China, Analysts, Guotai, Reserve Bank of India, Bloomberg, Getty Images Bloomberg, Getty Images Reserve Bank of India, India FX, ANZ, FX, Bank of Korea, Bank of, Standard Chartered Bank Korea, National Pension Service, Swiss, European Central Bank, Central Bank, ECB, Trump, Swiss National Bank, Bank of England, City of, Getty Images Bank of England Locations: Washington , U.S, Asia, Pacific, Tokyo, Japan, China, Abrdn, Mumbai, India, Bank of Korea South, Bank of Korea, Central, Frankfurt, Germany, New, City, City of London

☆ The Year in Pictures 2024: Far From Ordinary
▼ + stars: | 2024-12-18 | by ( Carolyn Ryan | ) www.nytimes.com time to read: +55 min

Tyler Hicks/The New York Times Iowa City, Jan. 17 Young fans waiting to take a picture with Caitlin Clark. Avishag Shaar-Yashuv for The New York Times “ I tried hard to show the life there, but we couldn’t see any people. Kenny Holston/The New York Times Las Vegas, Feb. 11 Travis Kelce and Taylor Swift celebrating after his team won the Super Bowl. Clockwise from top left; Andrea Morales for The New York Times, Luis Antonio Rojas for The New York Times, Chris Donovan for The New York Times, Ashley Gilbertson for The New York Times Randall’s Island, April 19 People praying on Randall’s Island, a strip of land in the East River that is home to one of New York City’s largest migrant shelters. Landon Nordeman for The New York Times “ The Met Gala is by far my favorite assignment of the year.

☆ Europe's economy faces a bumpy ride in 2025. Here are 5 things to watch
▼ + stars: | 2024-12-18 | by ( Chloe Taylor | ) www.cnbc.com time to read: +7 min

Economic growth in Europe isn't expected to charge ahead any time soon, with the European Central Bank last week cutting its growth forecast for 2025 to 1.1%. As investors and economists attempt to decipher what's next for the region, here are five key things they're watching as they weigh Europe's prospects for 2025. In a note to clients at the end of November, analysts at Bank of America declared 2025 "the year the [ECB's] policy rate goes below 2%." watch now"On a two-to-three-year view, Europe's going to have some good times," Watling told CNBC's "Squawk Box Europe" earlier this month. Greek economic growth, meanwhile, is expected to come in at 2.1% in 2024 and 2.3% in 2025.

Persons: Casa, Alexander Spatari, Europe's, Christine Lagarde, Kallum Pickering, Peel Hunt, CNBC's, Pickering, Sylvain Broyer, Broyer, —, Chris Watling, Watling, Donald Trump's, Janet Mui, it's, Trump, Michel Barnier, Olaf Scholz, David Roche Organizations: European Central Bank, Bank of America, European Commission, CNBC, Longview, OECD, Trump, Citi, RBC Brewin, French, Quantum Locations: NYC, Madrid, Spain, Europe, Portugal, Italy, Ireland, Greece, U.S, China, Germany, France

☆ Germany's auto giants are already reeling. Now Trump wants to turn them into American companies.
▼ + stars: | 2024-12-17 | by ( Sam Meredith | ) www.nbcnews.com time to read: +5 min

Speaking on the campaign trail in late September, Trump announced his desire to turn Germany’s auto giants into American car firms. Rico Luman, senior sector economist for transport and logistics at Dutch bank ING, said Germany’s auto sector appears to be significantly exposed to Trump’s tariff threats. The potential imposition of tariffs on Germany’s carmakers, Luman said, would therefore make a bad situation even worse. “We are evaluating the tariffs Trump has proposed,” a spokesperson for Volkswagen told CNBC via email. Nonetheless, it is thought that Trump’s proposed tariffs on Canada and Mexico would bring an end to the USMCA.

Persons: Donald Trump’s, Trump, ” Trump, Europe wasn’t, it’s, Rico Luman, Luman, ” Luman, ” Michael Robinet, ”, Julia Poliscanova, ” Poliscanova Organizations: Union, Volkswagen, Mercedes, Benz Group, BMW, ING, Eurostat, ING Research, U.S, CNBC, Benz, P Global Mobility, Trump, Transport, Environment, America Locations: U.S, European, German, American, Savannah , Georgia, China, Canada, Mexico, Europe, Trump’s, Germany, United States, Wolfsburg, North America, Spartanburg , South Carolina

☆ The mountains where you can ski right across Europe’s international borders
▼ + stars: | 2024-12-17 | by ( Mary Novakovich | ) edition.cnn.com time to read: +8 min

European ski domains that sprawl across international borders bring a new meaning to the idea of cross-country skiing. Ischgl, Austria – Samnaun, SwitzerlandThe Austrian ski destination of Ischlg is connected to Samnaun in Switzerland by ski lifts and runs. Start in the pretty traditional French village of Châtel and you’ll be across the Swiss border in Morgins before long. Zermatt, Switzerland – Cervinia, ItalyA new cable car opened in 2023 connecting Zermatt in Switzerland to the Italian resort of Cervinia. Zermatt is one of the world’s greatest ski resorts, and the beauty of the Matterhorn is really quite breathtaking.

Persons: Bernardo –, Italy La, Mont, Austria –, Isa Harsin, It’s, Bob Douglas, iStock, Les Crosets, you’re, it’s, Partygoers, Sauze, Fabrice Coffrini Organizations: CNN, Schengen, La, Espace, Bernardo, Lattea, Italy La Thuile, Fort, Soleil –, Lattea –, Getty Locations: France, Switzerland, Italy, Southern, Swiss, Austria, Bernardo – France, France's, France’s Savoie, French, Valaisan, La, Italy’s Aosta Valley, Bernardo’s, La Thuile, Mont Blanc, Austria – Samnaun, Austrian, Samnaun, Soleil, Soleil – France, Châtel, Morgins, Champoussin, Chavanette, Avoriaz, Lattea – France, Montgenèvre, Claviere, Sestriere, Turin, Zermatt, Cervinia, AFP, Monte Cervino

Travelers with confirmed tickets to exit China within 10 days can enter the country in 60 places across 24 provinces, including the capital, Beijing, and China’s largest city, Shanghai. The expanded scheme also allows transit visitors to travel across regions during the 10 days, with some restrictions. Ju Huanzong / Xinhua News Agency via Getty ImaVisa waivers for transit passengers are popular among travelers, including Americans, who might otherwise be required to go through a tedious visa process for travel to China or elsewhere. Passport holders from 38 countries no longer need a visa at all, enabling them to stay in China for up to 30 days for business, tourism, family visits, exchange and transit purposes. The move was prompted by the Biden administration’s announcement that it had secured the release of three Americans who had been detained in China for years.

Persons: Huanzong, Wang Jianwei, Biden, Kai Li, Mark Swidan, David Lin Organizations: China’s National Immigration Agency, Xinhua News Agency, Getty, U.S, State Department, Hua Foundation Locations: China, China’s, Europe, Latin America, Asia, United States, Canada, Beijing, Shanghai, France, Germany, Australia, New Zealand, Japan, Harbin

☆ A severe oil spill shows the dangers of Russia's dark fleet
▼ + stars: | 2024-12-17 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Two Russian vessels were damaged during a heavy storm on Sunday, causing a massive oil spill. On Monday, the EU sanctioned 52 dark fleet ships. A massive oil spill involving two Russian tankers is underscoring the dangers of the dark fleet of ships that's been boosting President Vladimir Putin's war chest. About 30% of the shadow tankers carrying Russian oil were at least 20 years old, according to CREA. Related storiesOn Monday, the EU sanctioned 52 dark fleet ships.

Persons: Vladimir Putin's, CREA, Sweden — Organizations: EU, Greenpeace, European Union, Research, Energy, Clean, European, European Commission, Bloomberg Locations: Kerch, Crimean, Russia, Greenpeace Ukraine, Finland, Europe, Russian, Denmark, Estonia, Norway, Sweden

In this article UAL Follow your favorite stocks CREATE FREE ACCOUNTHong Kong-Taipei is the busiest international flight route, according to a report released Tuesday by aviation intelligence company OAG. Seven of the 10 busiest international routes in the world are in Asia-Pacific, though seat capacity on many of those routes still haven't recovered to 2019 levels. Busiest domestic routesDomestic flight routes are far busier than international ones, in terms of the volume of scheduled seats. The busiest route in the world is in South Korea, linking Seoul to the island of Jeju. Busiest domestic routes by regionThe busiest route in Africa links South Africa's Cape Town to Johannesburg (5 million seats) and in Europe, Spain's Barcelona to the island of Mallorca (2.9 million seats).

Persons: Hong, —, John Grant, OAG, Grant Organizations: Air Japan, Shanghai —, Spain's Locations: Hong Kong, Taipei, Asia, Cairo, Jeddah, Seoul Incheon, Tokyo, Japan, Haneda, Narita, Kuala Lumpur, Singapore, Bangkok, New York, JFK, London, Heathrow, North America, Europe, America, Orlando , Florida, San Juan , Puerto Rico, South Korea, Seoul, Jeju, Hokkaido, Fukuoka, Tokyo Haneda, Beijing, Shanghai, Guangzhou, Saudi Arabia, Riyadh, Africa, South, Town, Johannesburg, Spain's Barcelona, Mallorca

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