Estonia president says a lack of ‘special conditions’ for tech giants has allowed local start-ups to thrive

Reading Time: 5 minutes Bolt CEO Markus Villig speaks on stage at the 2019 Web Summit technology conference in Lisbon, Portugal. Horacio Villalobos | Corbis via Getty Images Estonia’s tech companies have been able to thrive in the absence of large multinationals like Facebook and Microsoft, the country’s president told CNBC. Home to just over a million people, Estonian … Read more

‘Take those profits’: Strategist says extreme market moves are on the horizon

Reading Time: 8 minutes Financial markets appear vulnerable to what could be an extreme move in either direction, according to Paul Gambles, co-founder of investment advisory firm MBMG Group. As a result, Gambles said investors should consider sitting on the sidelines and build up their cash positions significantly. His comments come as market participants remain cautious given a flurry … Read more

Italy makes Covid passports mandatory for all employees

Reading Time: 4 minutes In this photo illustration, a digital “green pass” which certifies immunity or the Covid-19. Diego Puletto | Getty Images News | Getty Images LONDON — Italy has become the first European country to make a Covid certificate mandatory for all workers, as countries start to take stronger measures in an effort to boost inoculation rates.  … Read more

Donors pledging billions in aid to Afghanistan face a challenge: Navigating the Taliban

Reading Time: 12 minutes Taliban forces block the roads around the airport in Kabul, Afghanistan August 27, 2021. Stringer | Reuters One month after the fall of its U.S.-supported government to the Taliban, Afghanistan faces crises of astronomical levels: millions facing starvation, a nationwide liquidity crunch, suspension of aid and freezing of assets by international donors and fears of … Read more

Russia’s authoritarianism and political crackdown could get worse after weekend vote, experts say

Reading Time: 10 minutes A bus drives past a United Russia campaign poster put up ahead of the elections to the Russian State Duma of the 8th convocation scheduled for September 17-19. Vladimir Smirnov | TASS | Getty Images Russia will hold elections to the State Duma, the lower house of parliament, from Friday and experts expect the vote … Read more

Powell orders ethics review after Fed presidents disclosed multimillion-dollar investments

Reading Time: 8 minutes Federal Reserve Chairman Jerome Powell directed staff to review the central bank’s ethics rules for appropriate financial activities after disclosures that several senior central bank officials made multiple multimillion-dollar stock trades in 2020, while others held significant investments. News of Powell’s inquiry broke after Sen. Elizabeth Warren sent 12 letters to the Fed’s regional bank presidents demanding stricter … Read more

Trump says he sides with Jan. 6 riot defendants, as police brace for new Capitol rally

Reading Time: 7 minutes U.S. Capitol Police officials survey the area around the Capitol reflecting pool ahead of an expected rally Saturday in support of the Jan. 6 defendants in Washington, U.S. September 16, 2021. Jonathan Ernst | Reuters Former President Donald Trump, who was impeached for inciting the Jan. 6 Capitol riot, on Thursday condemned the criminal prosecution … Read more

Delta variant is so contagious it ‘raises the bar’ for Covid vaccines, Moderna president says

Reading Time: 5 minutes Houston Fire Department paramedics prepare to transport a man with breathing difficulties from a senior living center to a hospital on September 14, 2021 in Houston, Texas. John Moore | Getty Images The fast-spreading delta variant is so contagious, it’s exposed weaknesses in vaccine protection and changed the outlook for ending the pandemic, Moderna President … Read more

‘A stab in the back’: France rebukes Australia after it ditches submarine deal

Reading Time: 5 minutes PARIS, FRANCE – JUNE 15: French President Emmanuel Macron (R) welcomes Australian Prime Minister, Scott Morrison (L) prior to a working dinner at the Elysee Presidential Palace on June 15, 2021. Chesnot | Getty Images News | Getty Images LONDON — France is not holding back showing its disappointment with Australia after it abruptly ended … Read more

China’s aggression led to the formation of a new trilateral security pact, says defense expert

Reading Time: 7 minutes An increasingly aggressive and assertive China contributed to the formation of a new trilateral security partnership among the U.S., the U.K. and Australia, a defense expert told CNBC. The the new partnership, announced on Wednesday, seeks to strengthen stability in Indo-Pacific. The U.S. and U.K. will assist Australia in acquiring nuclear-powered submarines, which will allow … Read more