‘Russia has to pay’: G7 taps Moscow’s frozen assets in support of Ukraine
Economy

‘Russia has to pay’: G7 taps Moscow’s frozen assets in support of Ukraine

A simple principle underpins a contentious Thursday decision by the U.S. and key allies to tap profits from Russian sovereign assets in support of Ukraine: Moscow must make reparations. “Russia has to pay,” European Council President Charles Michel told CNBC’s Steve Sedgwick, after the leaders of the Group of Seven (G7) major democracies agreed in […]

CNBC’s Inside India newsletter: IPO boom looks to break new records
Economy

CNBC’s Inside India newsletter: IPO boom looks to break new records

A Swiggy delivery agent as seen in Kolkata , India , on 3 July 2023 . Famous food delivery company Swiggy faced a loss over 80% in 2022 according to investor filling. (Photo by Debarchan Chatterjee/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter […]

In pictures: India records ‘longest’ heatwave, Delhi faces water crisis
Economy

In pictures: India records ‘longest’ heatwave, Delhi faces water crisis

People filling water in plastic cans from a water supply tanker at Chanakyapuri, Delhi on June 12, 2024. Hindustan Times | Hindustan Times | Getty Images India’s capital Delhi is facing a severe water crisis as the country undergoes its “longest spell” of recorded heatwave. According to India’s Meteorological Department, temperatures in some parts of […]

President-elect asks Supremes to block sentencing in hush money case…
World

President-elect asks Supremes to block sentencing in hush money case…

By MARK SHERMAN and LINDSAY WHITEHURST Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] WASHINGTON (AP) — President-elect Donald Trump is asking the Supreme Court to call off Friday’s sentencing in his hush money case in New York. Trump’s lawyers turned to the nation’s highest court on Wednesday after New York courts refused to postpone the […]

LOS ANGELES FIRE EMERGENCY… DEVELOPING… | THOUSANDS FLEE; HOMES DESTROYED…
World

LOS ANGELES FIRE EMERGENCY… DEVELOPING… | THOUSANDS FLEE; HOMES DESTROYED…

LOS ANGELES (AP) — A fast-moving fire broke out in the Hollywood Hills on Wednesday night, threatening one of Los Angeles’ most iconic spots as firefighters battled to get under control three other major blazes that killed five people, put 130,000 people under evacuation orders and ravaged communities from the Pacific Coast to inland Pasadena. […]

CNN defamation trial comes at rough time for legacy media –
World

CNN defamation trial comes at rough time for legacy media –

NEW YORK (AP) — At a particularly inopportune time for legacy media and CNN, the news outlet is on trial in Florida this week, accused of defaming a Navy veteran involved in rescuing endangered Afghans from that country when the U.S. ended its involvement there in 2021. The veteran, Zachary Young, blames CNN for destroying […]

NASA proposes cheaper, quicker way to get Mars rocks and soil to Earth…
World

NASA proposes cheaper, quicker way to get Mars rocks and soil to Earth…

By MARCIA DUNN Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] CAPE CANAVERAL, Fla. (AP) — NASA is pitching a cheaper and quicker way of getting rocks and soil back from Mars, after seeing its original plan swell to $11 billion. Administrator Bill Nelson presented a revised scenario Tuesday, less than two weeks before stepping down […]