Russia on Wednesday vetoed a U.N. resolution sponsored by the United States and Japan calling on all nations to prevent a dangerous nuclear arms race in outer space, calling it “a dirty spectacle” that cherry picks weapons of mass destruction from all other weapons that should also be banned. The vote in the 15-member Security … Read more
Soon after Iran’s April 13 attempted airstrike on Israel — a massive bombardment of about 300 missiles and drones — a Ukrainian YouTuber couldn’t help but notice the difference in global reaction. U.S. forces, including fighter jets, joined by French and British forces, helped Israel down almost all of the incoming fire in an impressive … Read more
A food shopper searches for vegetables July 1, 2023 at the Hannaford supermarket in South Burlington, Vermont. Robert Nickelsberg | Getty Images Rising food prices around the world may finally be seeing a bottom this year. According to Oxford Economics, global food prices are expected to decline in 2024, offering some relief for shoppers. “Our … Read more
Three servicemen are staying in a tank of the 1st Tank Brigade of the Ukrainian Ground Forces, concealed by camouflage nets in Ukraine, on March 31, 2024. (Photo by Ukrinform/NurPhoto via Getty Images) Ukrinform | Nurphoto | Getty Images Global military spending reached a record high of $2,443 billion in 2023 amid a “global deterioration … Read more
US Secretary of State Antony Blinken (L) and China’s Foreign Minister Qin Gang shake hands ahead of a meeting at the Diaoyutai State Guesthouse in Beijing on June 18, 2023. Leah Millis | AFP | Getty Images U.S. Secretary of State Antony Blinken will warn China about its support for Russia’s military during his visit … Read more
The House of Representatives approved a $60.8 billion package of aid for the embattled country of Ukraine on Saturday, ending a monthslong attempt by Republicans to leverage the Ukraine money to extract concessions on border security from the White House. The overwhelmingly bipartisan vote, 311 to 112, was never in doubt even as the path … Read more
Former United States vice president Mike Pence says that he believes Russia will attack NATO if it overpowers Ukraine, emboldening other authoritarian regimes like China. He called on Republican and Democrat lawmakers to fund Ukraine’s defence as well as that of Israel and Taiwan. “If Vladimir Putin were able to overrun Ukraine… I think it … Read more
Six months after it began in earnest, the fight on Capitol Hill over whether to send more help for Ukraine defend itself against an unprovoked invasion by Russia may finally be nearing an end. House Speaker Mike Johnson (R-La.) on Wednesday unveiled a bill to provide $60.8 billion in military and economic assistance to the … Read more
Hot liquid metal flows from a blast furnace during the smelting process at the Evraz Consolidated West-Siberian Metallurgical Plant in Novokuznetsk, Russia, on July 22, 2020. Bloomberg | Bloomberg | Getty Images Russia’s economy is expected to grow faster than all advanced economies this year, according to the International Monetary Fund. Russia is expected to … Read more
A water slide on Savannah, a 274-foot hybrid superyacht. Courtesy of Northrup & Johnson A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Superyachts sales took a dive in 2023, as long … Read more
