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☆ Dollar sitting pretty, yen bears wary of Bank of Japan hawks
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: +3 min

Yen bears were tense in case Bank of Japan Governor Kazuo Ueda used a speech later Monday to flag a possible rate hike in December, in part due to the weakness of the currency. Markets imply around a 55% chance of a quarter-point rate hike to 0.5% when the BOJ meets on Dec. 19. Against a basket of currencies the dollar held at 106.730, having touched a one-year top of 107.07 on Friday. The rally has coincided with a savage swing in 10-year Treasury yields, which have climbed 70 basis points since the start of October, fuelling a 5.4% rise in the U.S. dollar index . Analysts generally assume Trump's touted policies of tariffs, reduced immigration and debt-funded tax cuts will be inflationary, so limiting the scope for further rate cuts by the Federal Reserve.

Persons: Kazuo Ueda, Ueda, Donald Trump's, Katsunobu Kato, Jonas Goltermann, Trump, Howard Lutnick, Cantor Fitzgerald, Scott Bessent Organizations: Bank of Japan, U.S, Japanese Finance, Capital Economics, Trump, Federal Reserve, Central Bankers Locations: U.S, Japan, Canada

☆ HSBC reportedly asks middle managers to reapply for jobs as layoffs loom
▼ + stars: | 2024-11-18 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementHSBC has reportedly asked some managers to reapply for their jobs as part of a cost-cutting restructure. Bloomberg reported Monday that hundreds of senior staff will likely lose their jobs. HSBC has asked some managers to reapply for their jobs in its newly created corporate and institutional banking division as part of a cost-cutting drive, Bloomberg reported. The biggest change announced was the simplification of HSBC's structure, creating Eastern and Western arms to manage its global operations. He previously told staff in October that they should expect job cuts following the announcement of the revamp, Reuters reported at the time, citing an internal memo.

Persons: Georges Elhedery, Elhedery Organizations: HSBC, Bloomberg, Business Insider, Business, Reuters Locations: Asia, Pacific, Americas, London

☆ Russia warns U.S. is adding fuel to fire with long-range missile decision
▼ + stars: | 2024-11-18 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +5 min

Local residents walk past destroyed houses in the city, approximately 10 km from the frontline, on November 16, 2024 in Pokrovsk, Ukraine. Libkos | Getty ImagesThe Kremlin has lashed back against a White House decision to now allow Ukraine to use U.S.-made long-range weapons for limited strikes inside Russian territory. "The issue is not about allowing the Ukrainian regime to strike Russia with these weapons or not. The issue is about making a decision: NATO countries directly participate in the military conflict or not. Ukraine's President Volodymyr Zelenskyy addresses lawmakers as he presents the so-called 'Victory Plan' during a parliament session, amid Russia's attack on Ukraine, in Kyiv, Ukraine October 16, 2024.

Persons: Joe Biden, Biden, Volodymyr Zelenskyy, Dmitry Peskov, Vladimir Putin, Sergei Ilnitsky, Putin, Zelenskyy, Andrii Nesterenko Organizations: Libkos, White, NBC, Artillery Rocket Systems, Ukraine, Ukrainian, Reuters, Commonwealth of Independent States, CIS, Google, Ria Novosti, NATO, Kremlin, Institute for, Tactical Missile Locations: Pokrovsk, Ukraine, Washington, U.S, Moscow, Russian, Russia, NATO, United States, Kursk Oblast, Kyiv

PARIS (AP) — French farmers are mobilizing for widespread protests on Monday targeting the EU-Mercosur trade agreement. Backed by their government, they argue the deal threatens their livelihoods by allowing a surge of South American agricultural imports produced under less stringent environmental standards. A partial EU-Mercosur deal, with many of the parts that French farmers find unsavory, could be agreed over their heads since France does not hold veto power. Other nations like Germany and Spain would like to see a far-reaching deal with their South American counterparts. French Agriculture Minister Annie Genevard has publicly opposed the EU-Mercosur trade agreement, citing risks of deforestation and health concerns linked to hormone-treated meat.

Persons: Villacoublay, ”, Jean, Noël, Luis Planas Puchades, Annie Genevard, Emmanuel Macron Organizations: PARIS, EU, Mercosur, European Union, French, South American, Spanish Farm, North, TF1, South, Farmers, Associated Press Locations: Paris, Velizy, Brazil, Argentina, Paraguay, Uruguay, Bolivia, France, EU, Germany, Spain, Mercosur, European, Auch, Agen, Europe, South America, South American

☆ Russia is locking up butter as inflation crisis reaches new heights
▼ + stars: | 2024-11-18 | by ( Analysis Tim Lister | ) edition.cnn.com time to read: +8 min

But price rises in Russia are eye-watering by comparison – and just one symptom of an economy that is overheating. “Prices are rising because of the war,” Alexandra Prokopenko at the Carnegie Russia Eurasia Center in Berlin told CNN. The military budget will rise by nearly a quarter in 2025, amounting to one-third of all state spending and 6.3 per cent of gross domestic product. Analysts don’t see the Russian economy as tumbling over a precipice but instead as a slowly gathering crisis. Russia has traditionally turned to central Asia for unskilled labor, and Putin recently suggested more foreign workers are needed.

Persons: ” Alexandra Prokopenko, Vladimir Putin, Putin, ”, Anton Vaganov, ” Prokopenko, Natalia Kolesnikova, Vladislav Inozemtsev, Prokopenko Organizations: CNN, Carnegie Russia Eurasia Center, “, Reuters, Russia’s Alfa Bank, Alfa, Monetary Fund, Russia’s State Statistics Service, Getty, Central, United Nations, UK Defense Ministry, Atlantic Council Locations: Russia, Ukraine, Berlin, Saint Petersburg, United States, Asia, Turkey, Russian, India, China, AFP, Moscow, Central Asia, East, South Korea, Dubai

☆ Bela Karolyi, coach who developed USA Gymnastics into world force, dies at 82
▼ + stars: | 2024-11-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +6 min

Bela Karolyi, one of the United States' most eminent gymnastics coaches alongside wife Márta, has died at age 82, a spokesperson for USA Gymnastics said Saturday evening. In an interview with USA Gymnastics in 2016, Retton described her first American Cup competition under the Karolyis. In 2016, USA Gymnastics purchased Karolyi Ranch and celebrated the couple’s influence on American competitors. In 2018, USA Gymnastics terminated its contract with Karolyi Ranch and closed the facility in Walker County, Texas. Comăneci said on Instagram that Bela Karolyi was a "big impact and influence in my life."

Persons: Bela Karolyi, Márta, Jill Geer, Karolyi, Nadia Comăneci, Dominique Dawes, Phoebe Mills, Betty Okino, Kerri Strug, Mary Lou Retton, Kim Zmeskal, Retton, Bela, ‘ Mary Lou, Márta Karolyi, Gregory Bull, Simone Biles, Marta, Larry Nassar, Biles, McKayla Maroney, Aly Raisman, Gabby Douglas, Nassar, ”, it’s, “, Dominique Moceanu, Whitney Harding, Harding, Comăneci Organizations: USA Gymnastics, Gymnastics Hall, Angeles, USA, American, Garden, Calif, Karolyi Ranch, U.S, Gymnastics Hall of Fame, Olympic, National, Team Training, Gymnastics, Karolyi, of Fame, NBC Locations: United States, Romania, Retton, Houston, Madison, San Jose, Oklahoma, Márta, U.S, Michigan, Karolyi, Texas, USA, Walker County , Texas, Columbus , Ohio

CNN —There’s nothing quite like the mouthwatering taste of real Prosciutto di Parma, known the world over as Parma ham. The end result is that Parma ham as we know it is increasingly hard to find on international dinner plates. Unlike many heavily mechanized meat processing industries, Parma ham production is steeped in history and tradition. But they are nowhere to be seen, essentially kept under lockdown to protect them from the swine fever virus. Cavagnini produces pork for products including Parma ham and San Daniele ham — a similar cured meat originating in Italy’s northeastern Friuli region.

Persons: Stefano Borchini, Alessia Pierdomenico, ” Borchini, Borchini, ”, Luca Bruno, That’s, there’s, “, Alberto, Cavagnini, it’s, ” Davide Calderone, ” Calderone Organizations: CNN, Parma, Parma Ham Consortium ., Bloomberg, Getty, AP, Workers, Union Locations: Parma, Emilia Romagna, Langhirano, Italy, Modena, Brescia, Lombardy, Alberto Cavagnini’s, Italy’s, Friuli, China, Japan, Taiwan, Canada, United States, Brazil

☆ Doctors say RFK Jr.’s anti-Ozempic stance perpetuates stigma and misrepresents evidence
▼ + stars: | 2024-11-17 | by ( Meg Tirrell | ) edition.cnn.com time to read: +9 min

Sanjay Gupta Reports: Is Ozempic Right For You?” at 8 p.m. Sunday, November 17, on CNN. Even as they agree that it’s important to address growing rates of diabetes and obesity, doctors in that field say Kennedy’s plans miss the mark. Not everyone with obesity will want the drugs, and for some, they may have strong side effects such as nausea. Doctors who treat people with obesity suggest that fixing the food system shouldn’t be mutually exclusive with using weight-loss medications, when appropriate. “But a lot of his thinking is like ‘A plus B plus C plus miracle, and you’ve got an answer.’”

Persons: Sanjay Gupta, Robert F, Kennedy Jr, Donald Trump’s, —, ” Kennedy, Greg Gutfeld, Kennedy, European Union “, Ozempic, ideation, Michael Osterholm, ” Osterholm, “, Trump, he’s, Kennedy’s, Josh Green, that’s, Kennedy —, ”, Jody Dushay, Dr, Angela Fitch, “ We’ve, ” Fitch, we’ve, ‘, ” Dr, Daniel Drucker, ” Drucker, don’t, they’re, Fitch, Doctors, Elon Musk, who’s, ” Musk, It’s, he’d, you’ve, ’ Organizations: CNN, US Department of Health, Human Services, Fox News, Novo Nordisk, Danish Medicines Agency, European Union, US Food and Drug Administration, Infectious Disease, University of Minnesota, FDA, US Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, HHS, Hawaii Gov, Environmental Protection Agency, BMI, Harvard Medical School, Beth Israel Deaconess Medical, Fox, CNN Health, NPR, Trump Locations: Denmark, America, Hawaii, Samoa

☆ European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space
▼ + stars: | 2024-11-17 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The Space Exploration develops a product called Nyx, a reusable capsule that can be launched from rockets into space carrying passengers and cargo. "So there is an increased demand for sending people to stations, sending cargo to stations," she said. TEC's core product is Nyx, a capsule that can be launched from rockets into space carrying passengers and cargo. The Exploration Company (TEC) announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations. These include mission contracts with companies including Starlab, which is designing a new space station, and Axiom Space.

Persons: Huby Organizations: TEC, CNBC, Venture, Balderton Capital, French Tech, Climate Fonds, The Exploration Company, SpaceX, European Space Agency, NASA Locations: China, Russia, Europe, U.S, India

☆ How Europe can avoid a trade war in a 2nd Trump term
▼ + stars: | 2024-11-17 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +6 min

They say the EU will need to employ some retaliatory measures but has to be careful not to escalate. AdvertisementEconomists and analysts said that in order to avoid a trade war, policymakers in Europe need to employ a specific playbook to mitigate the economic drag while keeping trade tensions in check. Kenningham says the EU will likely hit the US with targeted tariffs on certain industries, rather than an across-the-board action. Related storiesTrade deals to avoid tariffsKenningham said EU policymakers could also negotiate a deal to avoid US tariffs. Advertisement"There is a possibility that if the strategy toward Europe is very aggressive, Europeans may change attitudes toward the Transatlantic Alliance.

Persons: Goldman Sachs, Donald Trump, Trump, Joachim Nagel, Emmanuel Macron, Mario Draghi, Andrew Kenningham, Kenningham, Harley, Carlo Bastasin, Bastasin Organizations: Biden, Italian, Capital Economics, European Union, EU, Trade, European, Brookings, Trump, Transatlantic Alliance Locations: Europe, China, European, EU, Trump's, Ukraine, Germany

☆ Opinion | How to Save Opera in America? Make It New Again.
▼ + stars: | 2024-11-17 | by ( Peter Gelb | ) www.nytimes.com time to read: +1 min

In 1910, Puccini was in New York to supervise the opening night of his opera “La Fanciulla del West,” the Met’s very first world premiere. With the tenor Enrico Caruso and the soprano Emmy Destinn, household names in their day, in the leading roles, “Fanciulla” was a runaway hit. Now, more than 100 years later, with a severe lack of music education in our schools and competition from an ever-expanding array of streaming entertainment options, opera faces its greatest existential challenge. We are fighting to survive economically (our European colleagues are better off with substantial government funding), regain our artistic footing and secure new audiences and donors. This is particularly difficult to accomplish because for decades there has been resistance to substantial artistic change from administrators, academics and critics.

Persons: Lise Davidsen, Giacomo Puccini’s “, ”, Puccini, Enrico Caruso, Destinn, “ Fanciulla ” Organizations: Metropolitan Opera, scalpers Locations: New York, Fanciulla del West

☆ Russia pumping gas via Ukraine but volumes to Austria cut
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +2 min

Last week, Gazprom accused Ukraine of withholding gas supplies destined for Moldova and threatened to reduce those flows, although Ukraine denied the accusation. Russian gas giant Gazprom continued to pump steady volumes of gas to Europe via Ukraine on Saturday, but supplies to Austrian energy company OMV were halted hours after Vienna said Russia had given notice it would cut off flows. Gazprom said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Saturday, the same volume as on Friday. Flows into Slovakia from Ukraine were stable but nominations for flows to Austria from Slovakia were around 16% below averages seen this month, data from transmission system operator Eustream showed. OMV usually accounts for around 40% of Russian gas flows via Ukraine, or some 17 mcm per day.

Persons: Moscow, OMV, Chancellor Olaf Scholz, Vladimir Putin, Donald Organizations: Gazprom Locations: Ukraine, Moldova, Europe, Austrian, Vienna, Russia, Germany, Soviet, Kyiv, Slovakia, Czech Republic, Austria

☆ An expert in the risks of alcohol drank heavily for years. His 'dry by default' rule helped him drink less, lose weight, and live a fuller life.
▼ + stars: | 2024-11-16 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Alcohol harm expert Richard Piper used to drink heavily. His 'dry by default' rule helped him reduce the risks of drinking without going sober. Being "dry by default" means Piper will drink on rare occasions rather than most days, for example when non-alcoholic alternative to a beer he likes isn't available. Advertisement"There is no such thing as healthy drinking," Piper said. AdvertisementDrinking doesn't only bring health risks.

Persons: Richard Piper, Piper, Zers, Gallop, Niall Carson Organizations: Gallup, Getty Images Research, European, of Public Health, European Union, US Department of Health, Human Services

☆ NATO's 'Trump whisperer' chief has a clear message for the president-elect: Europe knows it must spend more on arms
▼ + stars: | 2024-11-16 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

AdvertisementNATO chief Mark Rutte has a message for Donald Trump: Europe knows it must spend more on arms. Rutte made a point of highlighting Poland's strong defense spending during a recent trip to Warsaw. NATO Secretary General Mark Rutte has a "clear message" for the US: Europe knows it must spend more on defense. Rutte said last week that Europe would have to spend more than the 2% of GDP target. AdvertisementPoland and NATOPoland's surge in defense spending has come in response to Russia's full-scale invasion of Ukraine, which it launched in February 2022.

Persons: Mark Rutte, Donald Trump, Rutte, Trump, Andrzej Duda, Donald Tusk, Donald Trump's, Emmanuel Macron, General, Aaron Korewa Organizations: NATO, Trump, Warsaw Locations: Europe, Warsaw, NATO, Poland, United States, Paris, Ukraine, Russia, North Korea, Iran, China, Pacific, North America, Germany, Asia

☆ Trump looms over Biden’s final meeting with Xi in Peru
▼ + stars: | 2024-11-16 | by ( Kevin Liptak | ) edition.cnn.com time to read: +7 min

In the end, looking backward may be more productive for Biden and Xi than trying to predict what’s next for their two nations. Biden administration officials acknowledge they have little insight into what a notoriously unpredictable leader might be planning. What Biden can do, they argue, is reiterate to Xi the value of maintaining communication, even amid the expected contention. A key counterweight could be Biden’s legacyHow Trump confronts those threats is not something he’s discussed at great length, at least as a candidate. It’s also an area his aides believe could — and should — be continued by the incoming Trump administration, though acknowledging they have little to go on when it comes to the president-elect’s intentions.

Persons: Joe Biden, Xi Jinping, Xi, Donald Trump’s, that’s, Biden, “, Trump, Robert F, Kennedy, Jr, Tulsi Gabbard, Pete Hegseth, Matt Gaetz, He’s, there’s, Xi’s, ”, Jake Sullivan, aren’t, China’s, —, Obama, he’s, Russia’s Vladimir Putin, It’s, Korea’s Yoon Suk, Shigeru Ishiba Organizations: Peru CNN —, Biden, White, APEC, Xinhua, Mar, Lima Convention Center, Trump Trump, Ukraine Locations: Lima, Peru, Chengdu, China, Washington, Beijing, United States, Bali, San Francisco, Taiwan, Ukraine, Russia, Iran, North Korea, Pyongyang, Japan, South Korea, Tokyo, Seoul, East Asia

☆ Georgia election chief doused in paint as protests continue after divisive parliamentary vote
▼ + stars: | 2024-11-16 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

Tblisi, Georgia AP —The head of Georgia’s Central Electoral Commission was doused with black paint Saturday at a meeting to confirm the results of the country’s divisive Oct. 26 parliamentary elections. Protesters gathered outside the commission’s building in Tbilisi, where officials announced that the ruling Georgian Dream party had won 53.93% of the vote. Opposition supporters have rejected the results amid allegations that the vote was rigged, an accusation that Georgian Dream denies. Critics have accused the ruling Georgian Dream, established by Bidzina Ivanishvili, a shadowy billionaire who made his fortune in Russia, of becoming increasingly authoritarian and tilted toward Moscow. Zourabichvili, who holds a mostly ceremonial position, has urged the United States and EU to support the demonstrations.

Persons: David Kirtadze, Giorgi Kalandarishvili, Kirtadze, Kalandarishvili, ” Kalandarishvili, ”, Critics, Bidzina Ivanishvili, Salome Zourabichvili, Zourabichvili Organizations: Georgia AP, Georgia’s, Electoral, Protesters, United National Movement, European Union, Kremlin, EU Locations: Tblisi, Georgia, Tbilisi, Georgian, Russia, Moscow, United States, Washington, Brussels

The Summary Trump plans to tap Robert F. Kennedy Jr. to be his health and human services secretary. Kennedy has spread misinformation about vaccines, fluoride, raw milk and other topics. Kennedy has also referred to the Covid vaccine as “the deadliest vaccine ever made,” despite data showing it’s overwhelmingly safe. As many as 30 states allow raw milk to be sold, but the FDA regulates its sale across state lines. But Kennedy has cast doubt on those findings, claiming without evidence that the drugs were discredited because various groups stood to make money off Covid vaccines.

Persons: Trump, Robert F, Kennedy Jr, Kennedy, Donald Trump’s, ” Trump, Trump’s, Andrew Wakefield, “ I’m, ”, Howard Lutnick, glyphosate, hasn’t, haven’t, ivermectin, podcaster Joe Rogan, Elon Musk Organizations: NBC, Centers for Disease Control, FDA, National Institutes of Health, Medicare, Services, NBC News, Trump, CNN, CDC, European Union, International Agency for Research, Cancer, Environmental Protection Agency, American Academy of Pediatrics, National Cancer Institute

☆ She fell in ‘love at first sight’ with an Italian stranger. Within days they were talking about marriage
▼ + stars: | 2024-11-15 | by ( Francesca Street | ) edition.cnn.com time to read: +20 min

“Italian Guy No. 2, so that I could have a friend to hang out with in Italy…”Ambika didn’t really expect Italian Guy No. Italian Guy No. And that’s how, a couple of weeks later, Ambika found herself cooking pasta at the Neapolitan home of Italian Guy No. And as Ambika fell slightly in love with Naples, she also fell all the more in love with Marco.

Persons: Ambika Mathur, Emily, Ambika, ”, Emily flit, Emily ”, she’d, “, Guy No, ” Ambika, Italian Guy No, Italy …, Ambika didn’t, hadn’t, Italian Guy, Guy, Marco Di Fiore —, ” Marco, Marco, Ambika Mathur's, Marco Di Fiore, “ Marco, Riva superyacht, Brigitte Bardot’s, ’ ”, Ambika Ambika, Conca dei Marini, Amalfi, ‘, Marco’s, ‘ Marco, —, Ambika’s, it’s, Michelangelo, Marco —, Ambika can’t, I’m, he’s, ” “, It’s Organizations: CNN, Netflix, CNN Travel, Italian, LAX, Porsche, Marco, ” Locations: Paris, California, Los Angeles, Milan, Italy, Amalfi Coast, Italian, Naples, Amalfi, Neapolitan, It’s, Borgo, Posillipo, Napoli, Conca, Salerno, Rome, United States, Malibu, Beverly Hills, Orange County, SoCal, LA, San Diego, ”, Southern California, Praiano, Amafi, Massa Lubrense, Sorrento, “, India

☆ Trump called the climate crisis a scam. It could prove a gift to China.
▼ + stars: | 2024-11-15 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

AdvertisementPresident-elect Donald Trump has long questioned the reality of the climate crisis, describing it as a "scam" and accusing policies to tackle the crisis of destroying US jobs. AdvertisementChina, as part of its "Belt and Road" initiative to grow its global influence, has provided developing countries with renewable energy technologies, including wind farms. AdvertisementThe US lags China as a clean tech economic power. There are also doubts over how much China is willing to take an international leadership role on climate issues. Assuming a leadership role would likely require China to send money to other countries, said Crowther.

Persons: Donald Trump, —, Herbert Crowther, we're, Lily McElwee, Xi Jinping, Trump, Daniel Araya, Biden, Joe Biden's, Crowther, Xi Organizations: Service, Eurasia Group, Business, Biden, China Studies, Center for Strategic, International Studies, Trump, Getty, Brookings Institute, International Energy Agency, Reuters Locations: Paris, China, New York, Baku, Azerbaijan, Washington ,, Beijing, United States, Gansu Province, Washington , DC, Brazil

☆ Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards
▼ + stars: | 2024-11-15 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

Tesla, the world’s largest maker of EVs, is the only automaker making a profit on its US EV sales. So if the EV tax credit goes away, the price of all EVs might come down. ‘It will only help Tesla’Musk signaled during the campaign that he would support ending the EV tax credit, even if raised the cost of Tesla purchases for American buyers. But the rest of the auto industry wants to keep the tax credit in place. He said that Tesla’s pricing and scale in the EV space “is an apples to oranges when compared to the rest of the auto industry once the EV tax credit disappears.”

Persons: Trump, Elon Musk, Donald Trump’s, Tesla, “, ”, Donald Trump, Jim Watson, Joe Biden’s, Biden, Garrett Nelson, Nelson, Dan Ives Organizations: New, New York CNN, Tesla, EV, Motors, Ford, Alliance, Automotive Innovation, Global, Real, Republican, Reuters, Trump, CNN, CFRA Research, “, Wedbush Securities Locations: New York, Butler , Pennsylvania, AFP, “, Detroit

☆ Amsterdam soccer riots: How a toxic mix of antisemitism, racism and xenophobia culminated in violence
▼ + stars: | 2024-11-15 | by ( Lauren Kent | ) edition.cnn.com time to read: +9 min

Last week, Israeli soccer fans were attacked in the streets, Palestinian flags ripped off walls and antisemitic slurs yelled during riots. But the timeline of how tensions ignited in Amsterdam is different depending on which community you ask. “It’s really so, so manipulative… It only makes everything worse,” Jaïr Stranders, a local theater director and a board member of the Liberal Jewish Community of Amsterdam told CNN. But in Amsterdam, many local Jewish officials as well as the mayor have urged against using that description. “They are Dutch youth,” he noted, adding that Amsterdam is a city of many nationalities and many values that can peacefully coexist.

Persons: Amsterdam CNN —, “ It’s, it’s, It’s, Sheher Khan, ” Khan, “, Itay Garmy, ” Garmy, Amsterdam Mayor Femke, they’re, David, Benjamin Netanyahu, Geert Wilders, Halsema, Mouneb, Khan, Wilders, Jaïr, Stranders, Netanyahu, ” Stranders, ”, Israel, Said Alawi, “ I’m, Abdelaziz Chandoudi, ” Chandoudi, Mohammed Rasool Organizations: Amsterdam CNN, CNN, Maccabi Tel Aviv soccer, Maccabi, Police, Amsterdam Mayor, Getty, Freedom Party, Union, Maccabi fans, Liberal Jewish, Amsterdam, Senior, Moroccan Locations: Amsterdam, Dutch, Gaza, Netherlands, Europe, Israel, Palestine, ”, Anadolu, Amsterdam’s, Morocco, Noord, Holland

☆ China is selling record numbers of cars in Russia
▼ + stars: | 2024-11-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Competition from European, Korean, and Japanese carmakers has vanished since Western sanctions were imposed on Russia. Chinese automakers face increasing tariffs in other regions. Chinese cars are selling at record levels in Russia, according to data from Russian analytics agency Autostat, reported by The Financial Times. AdvertisementIn the first nine months of 2024, Russia imported 849,951 vehicles from China, the FT reported, citing China Passenger Car Association data. The sales boom in Russia comes as Chinese automakers face rising obstacles in other regions.

Persons: carmakers, Ilya Frolov, didn't Organizations: The Financial Times, Chery, Geely, Russia, Lada, China Passenger Car Association, EU Locations: Russia, Moscow, Ukraine, Russian, China, Mexico, Brazil, Southeast Asia, Japan, Germany

☆ European markets set to open lower; UK GDP ticks up slightly
▼ + stars: | 2024-11-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

European markets were set to open lower Friday, as investors looked ahead to fresh data and assessed the future path for interest rate cuts following hawkish comments from U.S. Federal Reserve Chair Jerome Powell. The U.K.'s FTSE 100 index was seen opening 13 points lower at 8,054, Germany's DAX 39 points down to 19,210, France's CAC lower 26 points at 7,283 and Italy's FTSE MIB 129 points down to 33,966, according to IG data. Across the Atlantic, speaking Thursday, Powell said that strong U.S. economic growth is allowing policymakers to take their time in deciding how far and how fast to lower interest rates. U.S. stock futures inched lower overnight as Wall Street continued to assess the comments and the future path of the post-election rally. Asia markets, meanwhile, were mixed during Friday's session.

Persons: Jerome Powell, Germany's DAX, Powell Organizations: U.S . Federal, CAC, Burberry, Labour, Aegon, Experian Locations: U.S, Asia

☆ Germany’s Scholz calls Putin, ending Western isolation over Ukraine
▼ + stars: | 2024-11-15 | by ( ) edition.cnn.com time to read: +4 min

The conversation on Friday was the first time Scholz had spoken with Putin in two years. It comes as the German leader gears up for a snap election and Europe waits to hear US President-elect Donald Trump’s plan for ending the war in Ukraine. “He stressed Germany’s unbroken determination to back Ukraine in its defense against Russian aggression for as long as necessary,” the spokesperson added. Ukraine said however that phone conversations with Putin brought no added value on the path to achieving a “just peace” in Ukraine. But of course, (it is a) question about how Russia spins it.”Scholz to brief alliesThe Kremlin said Putin had told Scholz Russia was willing to look at energy deals if Germany was interested.

Persons: Volodymyr Zelensky, Vladimir Putin, Putin, ” Zelensky, Chancellor Olaf Scholz’s, Scholz, Donald Trump’s, Zelensky, “, ”, Trump, ” Scholz, Scholz Russia Organizations: Berlin Reuters, Kremlin, Reuters, Scholz’s Social, Ukraine, Kyiv, European Union, NATO, Ukrainian Locations: Ukraine, Kyiv, Russia, Berlin, Germany, Baltic, North Korea, Russia’s, Kursk, United States

☆ UK economy ekes out 0.1% growth in the third quarter, below expectations
▼ + stars: | 2024-11-15 | by ( April Roach | ) www.cnbc.com time to read: +3 min

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known as the Square Mile. Gross domestic product came in at 0.1% in the three months to September compared to the previous quarter. That's below the 0.2% growth expected by economists polled by Reuters and follows an expansion of 0.5% in the second quarter of the year.

Persons: Mike Kemp, Rachel Reeves, Thiru, Donald Trump, Trump's, Andrew Bailey, I'm Organizations: of England, Getty, Gross, Reuters, National Statistics, Bank of England's, Bank of England, Labour, Finance, Institute of Chartered Accountants, U.S Locations: City of London, London, United Kingdom, The City, U.K, That's, Britain, England, Wales

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