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☆ Chinese stocks are trying to rebound. This is the trade to watch to know if the turnaround is for real
▼ + stars: | 2024-02-11 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Mainland Chinese stocks are trying to rebound from five-year lows and it's starting to look like Beijing is willing to take some action. "My question is, would a recovery in [the] Chinese economy and the stock market be the end to that multi-year rally in Chinese bonds?" If Chinese bond yields started to climb, that would likely indicate investors were rotating out, Papic pointed out. Mainland Chinese stock markets are closed and don't re-open until Monday, Feb. 19. They expect if sentiment remains weak, foreign capital still has scope to sell out of mainland Chinese and Hong Kong stocks.

Persons: Clocktower, Marko Papic, Xi Jinping, Papic, Nomura, Yi Huiman, Wu Qing, — CNBC's Michael Bloom Organizations: Bloomberg, U.S ., Shanghai Stock Exchange, Eurasia Group, Hong, UBS, Naura Technology Locations: Beijing, Shanghai, China, U.S, Hong Kong, Eurasia, Shenzhen, Sungrow

☆ Voters are already weary of a 2nd Biden-Trump matchup. The recent special counsel report questioning Biden's memory doesn't help
▼ + stars: | 2024-02-09 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Biden's age and memory have been a frequent target for his opponents — largely Republicans — who argue that the 81-year-old is not fit for a second term in office. AdvertisementA recent NBC News poll found that 76% of voters, including Democrats, had major or moderate concerns about Biden's age. The special counsel report and the subsequent media gaffes the president made in his Thursday press conference to defend his mental acuity don't help. The special counsel report does raise some important questions about 2024. Advertisement"This is obviously a serious charge for anyone who wants to be president," Dusso said, referring to concerns about Biden's age.

Persons: —, Robert K, Hur, Joe Biden, Biden, Beau, Donald Trump, Biden's, Harris, Biden shouldn't, he's, There's, Christian Grose, Grose, Trump, Aaron Dusso, Dusso, Ian Bremmer Organizations: Service, Business, Biden, Trump, Harvard, NBC, Democratic, NBC News, University of Southern, Trump's, Indiana University, Purdue University Indianapolis, Voters, Eurasia Group Locations: willfulness, University of Southern California, Trump

☆ Pakistan's ex-PM Nawaz Sharif declares victory in fraught election as opponents claim vote rigging
▼ + stars: | 2024-02-09 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Campaign posters for Nawaz Sharif, Pakistan's former prime minister, along a street ahead of Pakistan's national election in Lahore, Pakistan, on Friday, Feb. 2, 2024. Pakistan's former Prime Minister Nawaz Sharif declared victory on Friday in the country's 2024 General Election, one that many Pakistanis and human rights groups are decrying as neither free nor fair. Sharif, 74, cited the Election Commission of Pakistan in saying that his party, the Pakistan Muslim League-Nawaz (PML-N), had won the largest share of the national vote. "Former Prime Minister Nawaz Sharif will almost certainly win," Chaudhuri said as the polls opened. A lifetime ban from partaking in politics and multiple corruption convictions for Sharif were overturned by Pakistani courts last year.

Persons: Nawaz Sharif, Imran Khan, Pramit Pal Chaudhuri, Chaudhuri, Sharif, mending Organizations: Pakistan Muslim League, Nawaz, Eurasia Group, CNBC Locations: Lahore, Pakistan, Sharif, South Asia, U.K

☆ Pakistan's elections will 'almost certainly not' be free and fair, analyst says
▼ + stars: | 2024-02-08 | 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 EmailPakistan's elections will 'almost certainly not' be free and fair, analyst saysPramit Pal Chaudhuri, practice head for South Asia at Eurasia Group, says this election is "easily one of the most blatant in terms of the degree of interference by the military."

Persons: Pramit Pal Chaudhuri Organizations: Eurasia Group Locations: South Asia

☆ Xi just fired China's top markets regulator. It shows his focus is still on control above all else.
▼ + stars: | 2024-02-08 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewChina's extended stock market rout was so bad that leader Xi Jinping was set to personally pay attention to it — and it looks like his solution was to fire the country's top markets regulatory late on Wednesday. After all, there were suggestions earlier that authorities are considering a stabilization fund to rescue the flailing stock market. Stock markets in China and Hong Kong have accelerated losses into 2024. The analysts at the Eurasia Group aren't the only ones who say China needs to double down on economic reforms to shore up its economy.

Persons: —, Xi Jinping, Wu Qing, Xi, Eswar Prasad, China's Organizations: Service, China Securities Regulatory, Bloomberg, Business, Eurasia Group, Eurasia Group aren't, Cornell University, International Monetary Fund, Nikkei, Index, Hong Kong Stock Exchange Locations: China, Hong Kong, Beijing

☆ There's 'no chance' China's property market rebounds to what it was, researcher says
▼ + stars: | 2024-02-08 | by ( Aruni Soni | ) www.businessinsider.com time to read: +1 min

There's "no chance" China's property sector rebounds, a researcher from the Eurasia Group told Bloomberg. China's real estate sector was once 25% to 30% of the country's GDP, and "there's not really any sector that can fill in that gap." AdvertisementBack in 2021, China's real estate sector went topsy-turvy — and according to one researcher, it's never going to go back to its halcyon days. "The property market contributes about 10% of China's GDP," Anna Ashton from the Eurasia Group told Bloomberg. "There's not really any sector that can fill in that gap, and there's no chance of the property market rebounding to what it was before."

Persons: —, turvy, it's, Anna Ashton, There's, there's Organizations: Eurasia Group, Bloomberg, Service, Business Locations: what's

☆ Russia may have to raise taxes to meet the spiraling cost of invading Ukraine: UK intel
▼ + stars: | 2024-02-05 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

The Kremlin has plans to hike Russia's spending by 26% in 2024, per the UK's Ministry of Defence. Russia's National Wealth Fund is "increasingly being used to fund its invasion of Ukraine," it said. AdvertisementThe Kremlin will likely need to impose austerity measures to resolve Russia's budget deficit amid the growing cost of its invasion of Ukraine, according to UK intelligence. Advertisement"It is likely that the government will need to reduce its contributions to the National Wealth Fund and increase domestic taxes and debt to fund its planned expenditure," the UK MOD said. Such policies will have negative medium-to-long-term impacts, the UK MOD said on Monday.

Persons: —, Alexandra Prokopenko, who's Organizations: Ministry of Defence, MOD, Wealth, Service, UK Ministry of Defence, National Wealth Fund, Carnegie Russia Eurasia Center, Center of Eastern European, International Studies, Foreign, Reuters, Bloomberg, International Monetary Fund, IMF Locations: Ukraine, Russia, Soviet Union, Russian

☆ Russian war critic poses an awkward challenge for Putin and the Kremlin as the election nears
▼ + stars: | 2024-02-02 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

The Kremlin has sought to dismiss Nadezhdin's potential to upset an election whose win for Putin is seen as a done deal. Kremlin Press Secretary Dmitry Peskov told CNBC Thursday that "we are not inclined to exaggerate the level of support for Mr. However, Nadezhdin's recent growing popularity and prominence has changed that, political analysts say, and he now poses a challenge and a dilemma for the Kremlin as the election nears. Nadezhdin has said in interviews that he would end the war with Ukraine, describing the war as a "fatal mistake." Stanovaya believed it was likely that the CEC would not recognize a portion of the signatures that Nadezhdin has garnered.

Persons: Boris Nadezhdin, Vera Savina, Vladimir Putin's, Nadezhdin, Putin, Dmitry Peskov, isn't, Putin's, Tatiana Stanovaya, he's, Stanovaya, András, Czifra, Peskov Organizations: Civic Initiative, Central, Commission, Afp, Getty, Kremlin, CNBC, Carnegie Russia Eurasia Center, Duma, Ukraine, Moscow, Election Commission, CEC, Eurasia, Foreign Policy Research Institute, Boris Nadezhdin Press, Central Electoral, Putin, Kremlin's Locations: Moscow, Russia, Ukraine, Russian, Mar, today's Russia, Anadolu

☆ What old bones reveal about the earliest Europeans
▼ + stars: | 2024-02-01 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

Modern humans, or homo sapiens, weren’t previously known to have lived as far north as the region where the tools were made. “The Ranis cave site provides evidence for the first dispersal of Homo sapiens across the higher latitudes of Europe. It also shows that Homo sapiens, our species, crossed the Alps into the cold climes of northern and central Europe earlier than thought. Using the same technique, the team also managed to identify human remains among bones excavated during the 1930s. However, the protein analysis was only able to identify the bones as belonging to hominins — a category that includes Homo sapiens and Homo neanderthalensis, or Neanderthals.

Persons: weren’t, ”, Jean, Jacques Hublin, Max Planck, Marcel Weiss, Friedrich, “, hominins, neanderthalensis, Elena Zavala, ” Zavala, denning, Dorothea Mylopotamitaki “, Sarah Pederzani, William E, Banks, ” Banks, wasn’t Organizations: CNN, Max, Max Planck Institute, Alexander University Erlangen, Evolutionary Anthropology, University of California, University of La, University of Bordeaux Locations: Europe, Ranis, Germany, France, Paris, Leipzig, Moravia, Poland, British, Nürnberg, Berkeley, Siberia, Eurasia, University of La Laguna, Spain, “

☆ 'The Davos underground': A final take on the secretive parties of the world's rich and powerful
▼ + stars: | 2024-01-31 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +23 min

"That's when you get the good s---," said a Davos attendee who is regularly selected to join the exclusive backroom of the Annual Davos Wine Forum Tasting. Zoom In Icon Arrows pointing outwards JPMorgan took over the Kirchner Museum for its annual drinks event. Zoom In Icon Arrows pointing outwards The attire of the Davos set is decidedly not chic. Zoom In Icon Arrows pointing outwards The color of your conference badge determined access to World Economic Forum events. Zoom In Icon Arrows pointing outwards Skiing and snowboarding post panels and broadcasting was another favorite pastime of some Davos goers.

Persons: bankrolled, Vladimir Putin's, Putin, George Soros, Bill Browder, Anthony Scaramucci, Anthony, Scaramucci, queued, Latour, Donald Trump, —, Mark Milley, Matt Damon, Richard Branson, Andrea Bocelli, Chris Coons, Paul Ryan, bartenders, Champagne Perrier, Chateau Latour, L'Eglise, Burgundy Olivier Bernstein Bonnes, Domaine Comte Georges de Vogue, Tenuta, Casanova di Neri, Stephen King, Browder, Doug Emhoff, Gary Cohn, Ian Bremmer, Sir Martin Sorrell, Sting, Bill Gates, Sam Altman, Marc Benioff, Ray Dalio, Emhoff, Ernst Ludwig Kirchner, Brian Moynihan, IBM's Gary Cohn, Jack Hidary, Sir Richard Moore, Barry Colson, Davos goer, Moritz, Eve, CNBCers, Emmanuel Macron, John Kerry, Joe Short, roundtables, Wyclef Jean, Diane von Fürstenberg, George Osborne, David Rhodes, Osborne, Politico's Suzanne Lynch, Princess Beatrice, David Blaine, Milley —, Tij, CNBC Tij Organizations: Economic, CNBC, Congress Center, Russian, Russian Direct Investment Fund, Moonshot Investor Network, Putin, Hermitage Capital, SkyBridge, White House Communications, Chiefs, Bordeaux Smith Haut, Platz, Politico, IBM, AB InBev, White, Trump, Eurasia Group, Capital, Microsoft, Wall Street, Billionaire Microsoft, Light, Infosys, Bloomberg House, JPMorgan, Kirchner Museum, Financial, Hotel, CNBC CNBC, Bank of America, New, Davos, U.S . Climate, Accenture, Golf Club Davos, Palantir, Chancellor, Sky News's, Sting, Workers, Swiss Army, Army, Gliding Locations: Davos, Switzerland, Soviet, Ukraine, Moscow, Hungarian, Hermitage, Providence, Europe, Davos's, Bordeaux, Bordeaux Smith Haut Lafitte, Bello, Santa Cruz, Napa Valley Tuscany, Schatzalp, Scalettastrasse, Emirates, Halifax, Canada, Salt Lake City, U.S, Palantir, Swiss

☆ Iran may not have been seeking to trigger a regional war with the drone strike that killed 3 US troops, say experts
▼ + stars: | 2024-01-29 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Middle East appeared to have moved closer to a regional war on Sunday after three US troops were killed and dozens more were injured in an attack on a US base in Jordan. The drone attack was launched by the Islamic Resistance, an Iran-backed militia based in Iraq. It seemed to many analysts to signify an escalation in Iran's aggression toward the US and its allies in the region. However, several experts are warning against such a conclusion, claiming that Iran may not have been seeking to trigger an escalation in the conflict.

Persons: —, Joe Biden, Tobias Borck, Greg Brew, wasn't, Borck, Jordan, Biden, Robert Dover, Dover Organizations: Service, Business, Islamic, Royal United Services Institute, Eurasia Group, New York Times, CBS, University of Hull Locations: Jordan, Iran, Iraq, Syria, Israel, Gaza, Israel's, Yemen, Red, Tehran

☆ How Guyana's big oil boom turned it into the world's fastest-growing economy
▼ + stars: | 2024-01-27 | by ( Anuz Thapa | ) www.cnbc.com time to read: +2 min

Guyana, a tiny South American nation home to more than 800,000 people, made big headlines in December. "What has happened is that it's been exacerbated by the discovery of oil (in Guyana)," said Dr. Terrence Blackman, founder and CEO at Guyana Business Journal. The 2015 oil discovery made Guyana the world's fastest-growing economy, recording the world's highest real GDP growth rate in 2022 and 2023. Venezuela has the world's largest oil reserves, but that hasn't stopped its economy from collapsing since Maduro took power in 2013. Watch the video above to dive deep into Guyana's oil economy, its ongoing escalation with Venezuela, what the country's oil means for the U.S. and more.

Persons: Nicolás Maduro, it's, Terrence Blackman, hasn't, Maduro, Venezuela doesn't, Valerie Marcel, Gregory Brew Organizations: Guyana Business, New Producers Group, Eurasia Group, U.S Locations: Guyana, American, Venezuela, Essequibo, United States, South America

☆ Iran's ‘brazen’ strikes around the Middle East send a message to Israel and the U.S., analysts say
▼ + stars: | 2024-01-24 | by ( Natasha Turak | ) www.cnbc.com time to read: +4 min

Fayaz Aziz | ReutersIran's recent missile and drone strikes on targets in three countries — Syria, Iraq and Pakistan — may not have been directly related to Israel's war in the Gaza Strip but they still revealed an intent to send a clear message, analysts told CNBC. Iraqi and Pakistani ministers vocally criticized the attacks, calling them a "violation" and vowing consequences. watch nowPakistan responded a day later, striking targets inside Iran that Iranian authorities say killed several people. They were also the first time Iran had deployed its military directly at any time since the Israel-Hamas war began. "There is an element of signaling to the United States and Israel by carrying out these strikes because they do showcase Iran's continued ballistic missile capabilities," Bohl told CNBC.

Persons: Fayaz Aziz, Ben Taleblu, we've, Ian Bremmer, Yemen's, Ryan Bohl, Bohl, Safin Hamid Organizations: Reuters, CNBC, ISIS, Foundation for Defense, Democracies, Washington D.C, Israel, Gaza, Hamas, Eurasia Group, Economic, Middle East, RANE Network, Iran's Revolutionary Guard Corps, AFP, Getty Locations: Iran, Tehran, Israel, Peshawar, Pakistan, Syria, Iraq, Gaza, Washington, Israeli, Iraq's Kurdistan, State, Iraqi, Davos, Lebanon, Hamas, Yemen, U.S, Red, United States, Kurdistan, Arbil

☆ It's pretty clear who the most popular person in the Republican Party is, analyst says
▼ + stars: | 2024-01-24 | 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 EmailIt's pretty clear who the most popular person in the Republican Party is, analyst saysJon Lieber of Eurasia Group says it's Donald Trump.

Persons: Jon Lieber, it's Donald Trump Organizations: Republican Party, Eurasia Group

☆ Fake robocall hurts Joe Biden more than opposition, says Eurasia Group's Ian Bremmer
▼ + stars: | 2024-01-22 | 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 EmailFake robocall hurts Joe Biden more than opposition, says Eurasia Group's Ian BremmerHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Joe Biden, Ian Bremmer, Brian Sullivan, “ Organizations: CNBC Locations: Eurasia

☆ Saudi Arabia goes big in Davos as it looks to become a top AI tech hub for the Middle East
▼ + stars: | 2024-01-19 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +7 min

A pop-up showcasing Saudi Arabia's Neom development features among the most prominent on the Davos promenade in 2024. But Saudi Arabia is keen to capture some of the limelight, and talent, from its neighbor on the Arabian Peninsula — an ambition laid bare on the Davos Promenade this year. "He's driving entrepreneurship, he's diversifying the economy ... And there are a lot of people that are really interested in working in Saudi Arabia," said Bremmer. "In the Emirates and in Saudi Arabia, you have millions of people that need upskilling, particularly Saudi Arabia which has a much larger population," Hidary said. Hidary, who was recently in Saudi Arabia, says that the UAE and Saudi Arabia are looking at countries like Singapore and Israel that have supported start-ups and are driven by technology.

Persons: Mohammed al, Jadaan, Prince Mohammed bin Salman's, Ian Bremmer, he's, Bremmer, Jamal Khashoggi, King Abdullah, KAUST, Harri Jarvelainen, Vera Futorjanski, Futorjanski, Israel Jack Hidary, Hidary, — CNBC's Karen Gilchrist Organizations: Saudi, CNBC, United Arab, prince's, —, Economic, Al, U.S, Eurasia Group, MBS, World Bank, Research Technology Centers, King, King Abdullah University of Science, Technology, UCLA, Riyadh's, Center, AI Research, AI, Artificial Intelligence Authority, Veritas Ventures, Emirates Locations: Davos, CNBC DAVOS, Switzerland, United Arab Emirates, Saudi Arabia, Neom, Saudi, Riyadh, China, Istanbul, UAE, Singapore, Israel, Emirates

☆ Ukraine piling pressure on China but Beijing’s peace plans are focused on Gaza
▼ + stars: | 2024-01-19 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —As Ukraine scrambles to keep international support with Russia’s invasion grinding into a third year, its leader has made clear one country he would like to see join his push for peace: China. There, Zelensky told reporters he would “very much like China to be involved” in Ukraine’s peace plan. “China thinks it is already playing an important role in moving toward peace. There is even less reason for China to ‘advance a fair peace as advocated by the West and Ukraine,’” she said. But when it comes to how Beijing may maneuver toward brokering peace in Gaza, China likely doesn’t see itself as yet having captured the opportunity “to present itself as a conflict mediator,” according to Sun.

Persons: Ukraine scrambles, –, Volodymyr Zelensky, Zelensky, Li Qiang, Zelensky –, It’s, ”, Yun Sun, Xi Jinping, ’ ”, Li, Wang Yi, Wang, Xi, Alex Gabeuv, Israel, “, Svitlana Organizations: Hong Kong CNN —, Economic, Stimson, Kyiv, Sun, West, CNN, Arab League, Palestine, Global, Carnegie Russia Eurasia Center, China’s, Ministry Locations: Hong Kong, Ukraine, China, Beijing, Switzerland’s Davos, Interfax, Russia, Washington, Moscow, Davos, Gaza, Russia’s, CNN China, Cairo, Africa, Israel, Palestine, United States, that’s, Berlin, Global, Switzerland, Saudi Arabia, counterbalancing, Kyiv, London

A person walks on the day of the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. REUTERS/Denis Balibouse Denis Balibouse | ReutersThe 2024 World Economic Forum in Davos, Switzerland will wrap Friday. Here are some of takeaways from Davos after our week talking to business leaders and government officials at the conference. Experts see no U.S. recession in 2024Overwhelmingly, economic experts and executives privately said they don't expect a U.S. recession in 2024. China fighting for cashChina's Premier Li Qiang speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.

Persons: Denis Balibouse Denis Balibouse, –, —, Donald Trump, Andrew Ross Sorkin, Denis Balibouse, Wyclef Jean, Sam Altman, Altman, Li Qiang, Premier Li Qiang, it's, Li, Ian Bremmer, Bremmer, they're Organizations: Economic, REUTERS, U.S, The New York Times, Wipro, Artificial Intelligence, Reuters, Technology, Recruit Holdings, Premier, Eurasia Group Locations: Davos, Switzerland, Zurich, Swiss, takeaways, U.S, Israel, Gaza, China, India, Beijing

☆ Opinion: The Mideast conflict on campus is too simplistic
▼ + stars: | 2024-01-17 | by ( Peter Rutland | ) edition.cnn.com time to read: +7 min

Many college students are taught that American society is the product of “settler colonialism” — a history of conquest and exploitation. In this simplistic framing, the plight of the Palestinians is just one more example of the familiar evils of settler colonialism. The Gaza war is better understood as a conflict between two competing nationalist projects than as a case of settler colonialism. There are a number of inconvenient historical truths that complicate the “settler colonialism” narrative. Another problem with the settler colonialism narrative is that it treats each side as a monolithic actor, playing the role of colonizer and victim, respectively.

Persons: Peter Rutland, Olivia Drake, Benjamin Netanyahu, Israel ”, ”, —, Israel, Raphael Lemkin, colonizer, Netanyahu, Abraham Organizations: Wesleyan University, Association for, Nationalities, CNN, Harvard, University of Pennsylvania, United, Palestine, Palestinian, Austrian, West Bank, Abraham Accords, United Arab, Arab League Locations: Russia, Europe, Eurasia, Israel, United States, Gaza, Israel’s, Americas, Palestine, Vienna, Vilnius, Lviv, Russian, Galicia, Egypt, Jordan, Bosnia, Northern Ireland, Saudi Arabia, United Arab Emirates, Bahrain, Morocco, Sudan, Palestinian, Iran, Turkey, Qatar, Cairo

☆ Why China hates the new president of Taiwan
▼ + stars: | 2024-01-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

"Lai Ching-te clings stubbornly to the separatist position for 'Taiwan independence.' A matter of Taiwan's independenceIn 2017, while he was premier, Lai referred to himself as a "pragmatic worker for 'Taiwan independence.'" AdvertisementLai has pledged to maintain status quo and stability in Taiwan, but China isn't backing down on its stance either. "I think China hates him, really hates him," Wu Xinbo, an international relations professor at Shanghai's Fudan University, told Reuters, referring to Lai. "It is because if he is elected as the leader of Taiwan, he may come to advance his goal of Taiwan independence, which will provoke a crisis across the Taiwan Strait," added Wu.

Persons: William Lai Ching, Taiwan's, Lai, —, Wiliam Lai Ching, Lai Ching, Xi Jinping, Wu Xinbo, Wu, Wang Yi, Jeremy Mark, William Lai, Chong Ja Ian, Chong, Tsai Ing Organizations: Democratic Progressive Party, Service, China's Taiwan Affairs Office, Chinese Communist Party, Shanghai's Fudan University, Reuters, Analysts, Lai's, Atlantic Council, Eurasia Group, KMT, National University of Singapore, Carnegie China, Channel News Asia Locations: China, Beijing, Taiwan, South America, Taiwan Strait, Taiwan's

☆ 'nearly impossible' for cross-strait dialogue to resume under Lai
▼ + stars: | 2024-01-15 | 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 Email'Nearly impossible' for China-Taiwan dialogue to resume under Taiwan president-elect Lai: EurasiaAva Shen, China associate at the Eurasia Group discusses how president-elect Lai Ching-te's victory in the Taiwan election will affect US-China relations and why she thinks it is unlikely for Taiwan and China to resume official communications.

Persons: Eurasia Ava Shen, Lai Ching Organizations: Taiwan, Eurasia Group Locations: China, Taiwan, Eurasia

CNN —Iceland’s National Commissioner of Police has ordered residents in the fishing town of Grindavík, first evacuated in November, to evacuate again by Monday night after volcanic fissures opened on roads in the area. The town is also home to Iceland’s famed Blue Lagoon, which draws tourists to its steaming geothermal water and is one of the country’s most visited attractions. The amount of magma had reached a level similar to when a previous eruption occurred in December, the agency said. But in the case of the latest eruption, magma could “migrate further south” – as compared to the previous eruption – and possibly reach Grindavík town. As such, the country is accustomed to volcanic eruptions, though they often occur in the wilderness, away from populated areas.

Persons: CNN — Organizations: CNN, CNN — Iceland’s, Police, Civil Protection Agency, “, Icelandic Meteorological, North Locations: Grindavík, Iceland’s, Reykjavík, Blue, –, Iceland, North America, Eurasia

Wholesale inflation fell by 0.1% in December, capping a year in which the rate of price increases dropped sharply, according to a report from the Labor Department released on Friday. The producer price index for all of 2023 came in at 1% compared to 6.4% in 2022. No indication of inflation at the wholesale level,” Kathy Jones, chief fixed income strategist at the Schwab Center for Financial Research, posted on social media. A lot will depend on how the economy performs this year after putting in a strong performance in 2023. Wages are increasing and now running higher than the level of inflation, giving support to consumer spending.

Persons: ” Kathy Jones, ”, Jeffrey Roach, ” “, Jared Cohen, Goldman Sachs, Ian Bremmer, Jamie Dimon, JPMorgan Chase, Dimon, ” Dimon Organizations: Labor Department, PPI, Schwab Center, Financial Research, Federal, LPL Financial, BCA Research, Fed, U.S, Global Affairs, Goldman, Eurasia Group, GZERO Media, JPMorgan Locations: Red, Iranian, Asia, U.S, Ukraine

☆ China's property market is failing. These are the 3 new growth areas Beijing is focusing on to pull itself out of a tailspin.
▼ + stars: | 2024-01-11 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

China's real-estate sector has been mired in a debt crisis for over two years with no signs of a strong recovery. Electric vehiclesThanks to government subsidies, China is already the world's largest market and producer of electric vehicles. Related storiesThe Chinese EV market is expected to continue growing 25% this year, although the growth is slower than the 36% the industry posted in 2023 as Beijing winds down its subsidies. In the last quarter of 2023, Chinese EV maker BYD overtook Tesla to become the world's largest seller of electric vehicles . Other Chinese EV brands with international expansion plans include Nio, Geely, and Zeekr.

Persons: Xi, Tesla, Ilaria, Bernstein, Wood Mackenzie Organizations: Service, Business, Eurasia Group, Center for Strategic, International Studies, South, Financial Times Locations: China, Beijing, Europe, Washington ,

How the Russian Government Silences Wartime DissentJust days after invading Ukraine, President Vladimir V. Putin of Russia signed a censorship law that made it illegal to “discredit” the army. The indignities of the crackdown, and the long arm of the Russia law, is being lost in the numbers. Nanna Heitmann for The New York TimesIn dry legalese, the court documents recount the Russian state’s case against these statements and protests. People’s “negative assessment” of the Russian military could adversely affect its performance, the court said, presenting a national security risk. And I very much don’t want this.”Sergei Platonov at district court in Moscow listening to his guilty verdict in November.

Persons: Vladimir V, Putin, ”, — schoolteachers, —, That’s, Ukraine —, pollsters, Andrei Kolesnikov, Demyan, Aleksandr T, Olga V, ” Maksim L, Omsk Diana I, Denis V, Russia ”, “, Maksim P, Anna S, Maria V, people’s “, Russia’s, Zaynulla Gadzhiyev, Mr, Bespokoyev, Marina Tsurmast, scrawled, Nanna Heitmann, Tsurmast, Gadzhiyev, Vladimir Kara, Murza, Aleksandra Y, Skochilenko, Selimat, Vladimir A, Rustam I, ” Yelena L, Aleksandr K, Olga P, Dmitri D, Sergei V, Eve, Daria Ivanova, Ms, Ivanova, “ you’ll, Anton Redikultsev, Redikultsev, Jan, Marina, Sergei P, ” Yuldash, ” Dmitri S, Peskov, Putin’s, Sergei Platonov, Platonov, Russian Gestapo ”, Polina, Kolesnikov, Anna Sliva, Sliva Organizations: New York Times, Times, Carnegie Russia Eurasia Center, OVD, Penza Yuriy V, Russia, ”, Ukraine ” “, YouTube, Bucha, Ukraine, Police, The New York Times, Armed Forces, Russian Federation, VK, Russian Gestapo, The New York Locations: Russia, Russian, Ukraine, “, Omsk, Peace, Ukraine ” “ Ukraine, Bucha, Moscow, St, Petersburg, Iglino, ”, Novosibirsk, Siberia, Crimea, Ukrainian, Kalga, Russia’s, OVD, Coast, Primorye, Soviet

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