World News & Analysis

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Russia releases videos hyping its new hypersonic weapons just days after Putin and Trump meet

The weapons displayed in the videos are a significant addition to the Kremlin’s arsenal, which already has more nuclear weapons than other countries, according to estimates.

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Trade war risks becoming a dangerous currency war as China weakens yuan the most in 2 years

On the surface, the tit-for-tat trade war between the U.S. and China appears to be turning into a currency war.

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Trump ex-lawyer Michael Cohen secretly recorded Trump talking about payoff to Playboy model: Report

The New York Times reported that the FBI seized that recording, which related to model Karen McDougal, during a raid on Cohen’s office in New York City on April 9.

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US dollar falls as Trump accuses ‘China, European Union and others’ of manipulating their currencies

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4 powerful weapons China has in its arsenal to win the US-China trade war

China has powerful non-tariff measures it can use to crush America  from cashing out its $1 trillion hoard of U.S. Treasury bonds to devaluing the yuan. These are measures that could destabilize the U.S. economy.

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Merkel vows to stay in job, work at ‘under pressure’ US relationship

The German chancellor described her country’s relationship with the U.S. as “crucial.”

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Google’s Loon to bring 4G to remote areas of Kenya – via balloon

Alphabet’s Loon is to bring 4G internet access to parts of Kenya using high-altitude balloons.

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Japanese tech giant Fujitsu commits to 100 percent renewable electricity

Fujitsu has big plans when it comes to sustainability and the environment. 

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After exiting battle for Fox, Comcast fires ‘warning shot’ to Disney over Sky takeover, analyst says

Comcast is ratcheting up the pressure on Disney over its pursuit of Sky, analysts told CNBC on Friday, shortly after it dropped out of the race to acquire Twenty-First Century Fox.

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Trump says he’s ‘ready’ to put tariffs on all $505 billion of Chinese goods imported to the US

President Donald Trump has indicated that he is willing to slap tariffs on every Chinese good imported to the U.S. should the need arise.

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The Fed now has to raise rates to prove it’s independent from Trump, investment manager says

Trump’s implication that he favors holding rates down in the face of economic growth defies the convention that monetary tightening is necessary to temper inflation. 

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Nicaragua’s Ortega, battling protests, calls for peace on anniversary

Nicaraguan President Daniel Ortega urged protesters on Thursday to end what he described as their attempt to destabilize the country.

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Macron to fire bodyguard caught on camera beating protester: Elysee

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Brexit: Things need to get worse before they can get better, analyst says

Both the U.K. and the European Union need to become more “frightened” about the possibility of an abrupt break-up, an analyst told CNBC on Friday.

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Spain drops arrest warrant for former Catalan leader

Germany had refused to extradite Carles Puidgemont to face a charge of rebellion for declaring Catalonia an independent state last year.

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The big ideas that could transform the way planes impact the environment

How can innovation and clever design help the aviation industry become greener? 

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Apple Watch, FitBit could feel cost of US tariffs

The latest round of U.S. tariffs on $200 billion of Chinese goods could hit accessories assembled in China including the Apple Watch, health trackers and streaming music speakers.

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Skanska Q2 operating profit unexpectedly falls

Swedish construction firm Skanska posted on Friday an unexpected drop in second-quarter operating profit and said its Construction division had taken new writedowns in the quarter.

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The war on ocean piracy just got some fresh help from space

A cloud based platform is bidding to reduce criminal activity at sea.

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An NBA legend is taking a stand against a Chinese delicacy — and rebuilding China’s schools

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Why Hong Kong has the world’s most expensive office space

Hong Kong has the most expensive market for office real estate, according to a recent report.

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For years, China shied away from global conflicts. Not anymore

Across the developing world, Beijing has engaged in mediation diplomacy, a style of conflict resolution where it’s the sole or principal moderator, to protect its assets and gain recognition as a global superpower.

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China looks to the future of transportation with new hyperloop deal

California-based Hyperloop Transportation Technologies signed a deal with the province of Guizhou to build its first track in China.

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The US-China trade war could push car companies to produce more in China, expert says

The ongoing Washington and Beijing trade war, could push automobile companies to produce more in China, the CEO and founder of Shanghai-based consultancy Automobility told CNBC on Thursday.

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This $500 million yacht is in the middle of a Russian billionaire’s divorce battle

Britain’s most expensive divorce involves a Russian billionaire, his ex-wife and a dispute over a yacht currently seized in Dubai. 

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WhatsApp to limit message forwarding

Deaths triggered by false incendiary messages in India has caused a public relations nightmare for the app.

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Hit by sanctions, North Korea’s economy contracted at sharpest rate in 20 years in 2017

North Korea’s economy contracted at the sharpest rate in two decades in 2017, South Korea’s central bank estimated on Friday, in a clear sign international sanctions imposed to stop Pyongyang’s nuclear and missile programs have hit growth hard.

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Higher oil prices are threatening the future of a once-burgeoning financial sector

Energy-exporting Arab countries such as Saudi Arabia were among the largest Islamic bond issuers last year, but higher oil prices have given them fewer reasons to tap that market for funds.

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US to alert public to foreign efforts to undermine American politics

The U.S. Justice Department announced on Thursday a policy to alert the public about foreign cyber operations like Russia’s alleged hacking and disinformation campaign during the 2016 U.S. presidential election. 

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Chinese investment in Israeli tech is growing, and it’s ‘quite welcome’ for some

Chinese investors are increasingly turning to Israel’s technology sector, which features companies operating at similar standards to their Silicon Valley rivals.

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