The Dutchman who gets Nike and Lego into wartime Russia’s stores

By Tassilo Hummel, Gleb Stolyarov, Polina, Nikolskaya and David Gauthier-Villars PARIS (Reuters) – Nike stopped selling its sportswear to Russia soon after Moscow launched its full-scale invasion of Ukraine over two years ago. But that hasn’t stopped footballstore.ru, an online sports retailer owned by Russia’s Zenit soccer club. Among the dozens of Nike-branded items the…

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President Biden Meets Pope Francis at G7 Leaders’ Summit: Ceasefire Talks and Humanitarian Efforts

On June 14, 2024, President Joseph R. Biden, Jr. held a significant meeting with His Holiness Pope Francis during the G7 Leaders’ Summit in Apulia, Italy. Their discussions underscored the pressing need for an immediate ceasefire and the negotiation of a hostage release to resolve the critical humanitarian situation in Gaza. President Biden expressed gratitude…

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Protecting America’s Supply Chains: Biden’s Executive Order Impact

On June 14, 2024, President Joseph R. Biden Jr. issued an Executive Order establishing the White House Council on Supply Chain Resilience, building upon the framework set forth in Executive Order 14017 of February 24, 2021. The new order emphasizes the critical need for robust, secure, and diversified supply chains to safeguard America’s economic prosperity,…

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Exclusive-Vanguard vote switch helped pass Tesla CEO Elon Musk’s $56 billion pay package

By Ross Kerber (Reuters) – Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contributing to the passage of the record-setting arrangement on Thursday. In a note seen by Reuters, Vanguard said it had voted against Musk’s compensation package when it was…

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Impact of Saudi Arabia’s Petrodollar Decision on US Alliances and Global Economics

On June 13, 2024, Saudi Arabia made a historic decision not to renew its 50-year petro-dollar deal with the United States, signaling significant implications for global finance, geopolitics, and the trajectory of the American Empire. Established in 1972, the petrodollar system allowed Saudi Arabia to exclusively sell oil in US dollars. With this decision, they…

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