Inflation Reduction Act earmarks $369 billion for U.S. energy security
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The U.S. Senate has passed the Inflation Reduction Act, earmarking $369 billion for U.S. energy security and fighting climate change. CNBC reports.
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Russia-Ukraine grain deal: We’re still in a relatively ‘big hole,’ says agricultural produce company
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John Rich of MHP discusses the U.N.-backed deal and says “it’s time that we’re working against” and “hungry people … get hungry very quickly.”
Any conflict with China is disruptive to the world, says Saudi minister Adel al-Jubeir
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Saudi Minister of State for Foreign Affairs Adel al-Jubeir says the integration of China is important to the stability of the global economic system, and “everybody loses” when one engages in beggar-thy-neighbor policies that could adversely impact other countries.
Escalation of war in Ukraine means ‘we all pay the price,’ says Saudi minister al-Jubeir
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Adel al-Jubeir, Saudi Arabia’s minister of state for foreign affairs, says things could spin out of control if there’s an escalation in the Russia-Ukraine war — as can already be seen in disruptions in energy markets, refugee crisis and food supply.
The U.S. and China are both important partners to Saudi Arabia, says Saudi’s al-Jubeir
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Adel al-Jubeir says Saudi Arabia’s policy is to engage with different countries, including both the U.S. and China which are the kingdom’s major partners. “We build bridges with people, we don’t see one as exclusive of the other,” the Saudi climate envoy told CNBC’s Hadley Gamble.
Prince Turki: President Biden is coming to Saudi as ‘a much diminished president’
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Prince Turki Al-Faisal, Saudi Arabia’s former intelligence chief and former ambassador to the United States, says President Joe Biden is coming to Saudi Arabia as “a much diminished president.”
Jordan’s king says he believes a Middle Eastern ‘NATO’ can be built with like-minded countries
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Jordan’s King Abdullah II says he would be “one of the first people that would endorse a Middle East NATO,” but the vision of such an alliance must be very clear.
Finland and Sweden will be ‘security providers, not consumers’ in NATO, says ex-U.S. Army commander
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Finland and Sweden are set to apply for membership in NATO. That’s good news for the military alliance and for “all of Europe,” says retired Lt. Gen. Ben Hodges, the former commander of the U.S. Army in Europe.
Tesla’s Elon Musk is a visionary says former Renault-Nissan executive Carlos Ghosn
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Former Renault-Nissan executive Carlos Ghosn says Tesla’s Elon Musk is a visionary.
Full Interview: Former Renault-Nissan boss Carlos Ghosn | CNBC International
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Former Renault-Nissan executive Carlos Ghosn speaks to CNBC’s Hadley Gamble in Beirut after French authorities issued an international arrest warrant. Renault provided a statement to CNBC after Ghosn’s comments, saying the warrant marked a significant step in the case “explained by the seriousness of the facts that have come to light after thorough and meticulous investigations.”