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June 30, 2023 - EU looks to Egypt partnership to tackle people-smuggling networks

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TradeBriefs Editorial

From the Editor's Desk

How the Best Leadership Teams Navigate Uncertain Times

While we don’t know what the rest of the year will bring, it’s reasonable to assume that the headwinds we’re experiencing will continue. This is an environment that will demand — and reward — high-performing leadership teams. Based on his conversations with more than 100 clients across industries, PWC U.S. Chair and Senior Partner Tim Ryan has identified seven factors that set these teams apart: 1) They create a “company-first” culture; 2) They think and act across the enterprise; 3) They maintain a relentless focus on reinventing the business; 4) They free up the right people for the hard stuff; 5) They’re inclusive of different backgrounds and skills; 6) They encourage healthy debate, but avoid undermining fellow leaders; and 7) They strive to be humble and objective.

Whether it’s inflation, rising interest rates, supply-chain disruptions, geopolitical tensions — there is a lot happening in the global economy. And on top of those forces, consumer expectations are increasing, competition is intense and investors are raising the bar. There’s never been a more challenging time to be a CEO or member of senior management.

Continued here


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EU looks to Egypt partnership to tackle people-smuggling networks
EU looks to Egypt partnership to tackle people-smuggling networks
Leaders were asked to give their agreement in principle to a new “windfall contribution” or levy on €100bn in sovereign Russian funds held in Brussels. This has been given the legal green light by senior advisers to the commission and is expected to be implemented after further discussions with the US, UK and other G7 nations.

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Russian general close to Prigozhin arrested, sources say
Russian general close to Prigozhin arrested, sources say
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices  FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.

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UK foreign secretary calls for expansion of UN security council
UK foreign secretary calls for expansion of UN security council
In an appeal to the global south, Cleverly said: “Russia’s brutal invasion of Ukraine is a calculated assault on the UN charter – and on the central principles of an international order that was designed, above all, to bring an end to all attempts at conquest and annexation.”

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Pence Meets With Zelensky in Ukraine, Highlighting G.O.P. Split Over War
Pence Meets With Zelensky in Ukraine, Highlighting G.O.P. Split Over War
At that time, Mr. DeSantis was criticized by some hawks in the G.O.P. for describing Russia’s invasion of Ukraine as a “territorial dispute.” In an attempt to clarify his remarks, he later called Mr. Putin a “war criminal” who should be “held accountable.”

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U.S. Advised Ukraine Against Covert Attacks in Russia During Mutiny, Officials Say
U.S. Advised Ukraine Against Covert Attacks in Russia During Mutiny, Officials Say
Anton Troianovski is the Moscow bureau chief for The New York Times. He was previously Moscow bureau chief of The Washington Post and spent nine years with The Wall Street Journal in Berlin and New York. @antontroian

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Opposition Grows to U.S. Imports of Refined Russian Oil
Opposition Grows to U.S. Imports of Refined Russian Oil
Ana Swanson is based in the Washington bureau and covers trade and international economics for The Times. She previously worked at The Washington Post, where she wrote about trade, the Federal Reserve and the economy. @AnaSwanson












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As Putin Poses for Selfies, U.S. Says Russia May Have Detained a Top General
As Putin Poses for Selfies, U.S. Says Russia May Have Detained a Top General
Eric Schmitt is a senior writer who has traveled the world covering terrorism and national security. He was also the Pentagon correspondent. A member of the Times staff since 1983, he has shared four Pulitzer Prizes. @EricSchmittNYT

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Can Russia Tame Wagner in Africa Without Destroying It?
Can Russia Tame Wagner in Africa Without Destroying It?
Russia’s foreign minister, Sergey V. Lavrov, said in a televised interview on Monday that Wagner forces would not pull out of Mali or the Central African Republic, he noted, adding that the Russian embassy in Bangui had followed up with a note telling Central African Republic officials not to worry.

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Ukraine Is Becoming A Dividing Line For GOP Presidential Hopefuls In Wake Of Russian Commander’s Mutiny
Ukraine Is Becoming A Dividing Line For GOP Presidential Hopefuls In Wake Of Russian Commander’s Mutiny
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Israel's Netanyahu concerned its defense systems may reach Iran if sent to Ukraine
Israel's Netanyahu concerned its defense systems may reach Iran if sent to Ukraine
The U.S. State Department and Iranian and Russian foreign ministries did not immediately respond to CNBC requests for comment over the possibility that systems deployed in support of Ukraine eventually come under Iranian control.

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'The Flash' Is Bad, But Is It Worse Than 'Morbius'?    
'The Flash' Is Bad, But Is It Worse Than 'Morbius'?
In an hilarious twist, the surge of online activity resulted in Morbius returning to theatres, in the hope that some of the memes were made in earnest. Of course, Morbius bombed again, and the fandom jokingly requested that Sony release the film again, as they "were all busy that weekend."


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Sales: The Best Tool To Understand Market Needs    
Sales: The Best Tool To Understand Market Needs
Startup sales extend beyond prospects, leads, and closed deals. It\'s about gaining a deeper understanding of your customers and tailoring your offering to meet their needs. Sales are a vital part of achieving product-market fit, which is crucial for early-stage startup success.


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Alexis Tsipras steps down as Syriza leader after Greek election rout    
Alexis Tsipras steps down as Syriza leader after Greek election rout
Contenders to replace Tsipras are expected to begin jockeying for position in the coming days. Whoever emerges on top will have to not only revitalise the party but “re-establish” a new Syriza that will, Tsipras said, “embrace all the friends and social groups that we want to represent” – at a time when one in four Greeks are at risk of poverty or social exclusion, according to the country’s statistical authority.


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Minecraft developers quit Reddit after company's controversial changes    
Minecraft developers quit Reddit after company's controversial changes
\"Reddit not only has all of its content generated by users, but all of its moderation is done by volunteers,\" Dac Croach, one of the moderators of r/Gaming, which has more than 37 million members, told CNBC in a recent interview. \"We\'re talking hundreds of thousands of volunteers putting in hours a day to keep the site safe, entertaining and enjoyable for community members. And it\'s tough to see that those people, when their voices are loud like this, are being ostensibly ignored.\" 


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Alexis Tsipras steps down as Syriza leader after Greek election rout    
Alexis Tsipras steps down as Syriza leader after Greek election rout
Contenders to replace Tsipras are expected to begin jockeying for position in the coming days. Whoever emerges on top will have to not only revitalise the party but “re-establish” a new Syriza that will, Tsipras said, “embrace all the friends and social groups that we want to represent” – at a time when one in four Greeks are at risk of poverty or social exclusion, according to the country’s statistical authority.


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Opinion | Harvard Undermined Itself on Affirmative Action    
Opinion | Harvard Undermined Itself on Affirmative Action
David French is a New York Times Opinion columnist. He is a lawyer, writer and veteran of Operation Iraqi Freedom. He is a former constitutional litigator, and his most recent book is “Divided We Fall: America’s Secession Threat and How to Restore Our Nation.” @DavidAFrench


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Liga MX is back! How will Chivas, Club América, Tigres fare this season?    
Liga MX is back! How will Chivas, Club América, Tigres fare this season?
Tactically astute with his possession-led approach, manager Ignacio \"Nacho\" Ambriz should be able to maintain his team\'s status as contenders in the Apertura. The acquisition of dual-national and Liga MX champion right-back Mauricio Isais could also be one the smarter signings of the offseason.


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Thames Water could delay accounts as turmoil in water industry grows    
Thames Water could delay accounts as turmoil in water industry grows
A spokesperson for Thames Water declined to comment on the size of the cash injection it needed but said it retained “a strong liquidity position” and that it was working “constructively” with shareholders.


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Head of British army could quit in row over further cuts    
Head of British army could quit in row over further cuts
Nicholas Drummond, a defence industry analyst and consultant, said: “Sanders’s early retirement would be a great loss to the army. He is the first chief of general staff to have been outspoken about the needs of the army and the challenges it faces.”


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Melbourne earthquake: 4.6-magnitude tremor shakes Victoria's capital and regions    
Melbourne earthquake: 4.6-magnitude tremor shakes Victoria's capital and regions
At 1.32am, we detected a 4.6 magnitude earthquake near Rawson, Victoria. We\'ve had more than 5,500 felt reports so far. If you felt it, please report it here: https://t.co/mDEuMEoFG8 pic.twitter.com/jBJDajceY8


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Battle over Rwanda deportations to continue as No 10 gears up for appeal    
Battle over Rwanda deportations to continue as No 10 gears up for appeal
Lawyers for the appellants and human rights campaigners welcomed the ruling. Toufique Hossain of Duncan Lewis solicitors, who represented some of the appellants, said: “The home secretary’s ‘dream’ and ‘obsession’ is in tatters. The court of appeal has ruled by a majority that Rwanda is not a safe third country. We speak on behalf of all our deeply vulnerable clients in thanking the court for its decision.”


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Many people in Mexico without power as deadly heat leads to strain on grid    
Many people in Mexico without power as deadly heat leads to strain on grid
Mexico typically surpasses the peak energy demand from the previous year in July, but this year it has already happened, leaving many worried that the coming weeks could hold even worse blackouts. “This is a product of the climate emergency, and that is not the government’s responsibility, but it is their responsibility to build an electric system that is prepared for this,” Ibarra said.


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Icac found Gladys Berejiklian engaged in corrupt conduct. So why won't she be prosecuted?    
Icac found Gladys Berejiklian engaged in corrupt conduct. So why won't she be prosecuted?
In relation to the finding Berejiklian engaged in corrupt conduct by failing in her duty to report to the Icac suspicions that Maguire had engaged in corrupt conduct, the Commission also found the "obstacles to a prosecution would be so formidable".


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Key document may be fake in LGBTQ+ rights case before US supreme court    
Key document may be fake in LGBTQ+ rights case before US supreme court
ADF attacked that reasoning – pointing to the request from Stewart and Mike – in a press release. The US court of appeals for the 10th circuit also did not rule in Smith’s favor before her case arrived at the supreme court.


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Australian sea dumping law changes condemned amid warnings of gas industry expansion    
Australian sea dumping law changes condemned amid warnings of gas industry expansion
The legislation would also allow permits to be issued for “marine geoengineering” research that could be used to combat climate change. This could include adding nutrients to the ocean to try to increase CO2 absorption from the atmosphere.


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UN expert calls for arms embargo on Haiti amid gang violence    
UN expert calls for arms embargo on Haiti amid gang violence
O’Neill criticised some methods used to repatriate about 176,777 migrants last year, which he said did not comply with human rights standards and violated bilateral migration pacts, singling out the neighbouring Dominican Republic. “I urge the authorities of the Dominican Republic to respect their commitments in this regard,” he said.


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Tourist from England suspected to have carved name on Colosseum wall    
Tourist from England suspected to have carved name on Colosseum wall
In September 2020, a 32-year-old man from Ireland was allegedly caught using a metal point to carve his initials into a pillar on the first level of the monument. He was arrested and charged with damaging a historical landmark.


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Americans Eat Twice As Much Chicken As Beef Or Pork—Here's Why It Will Take A While For Lab-Grown Meat To Catch Up    
Americans Eat Twice As Much Chicken As Beef Or Pork—Here's Why It Will Take A While For Lab-Grown Meat To Catch Up
Chicken overtook beef in per-person consumption in 1993, according to the USDA. Supermarket prices for meat show that chicken has historically been—and continues to be—the cheapest meat, according to a USDA National Retail Report. The cost of a whole chicken was $1.92 per pound in May 2023, while the average cost of beef in cities ranged from $4.95 to $10.75 per pound, according to the U.S. Bureau of Labor Statistics. Converting chickens to meat is easier—and cheaper—than converting larger animals. Chickens also mature faster than other livestock, reach market weight quickly, and can be raised in a variety of environments, including small plots of land, per the USDA. Tyson foods is the largest American poultry processor, producing one in five pounds of all chicken, beef and pork in the U.S. The Tyson family is worth $3.3 billion, according to Forbes.


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Moderna Billionaire Set to Score 3,000% Gain on Tiny Biotech    
Moderna Billionaire Set to Score 3,000% Gain on Tiny Biotech
A biochemical engineer, Afeyan holds more than 100 patents and has been involved in building over 70 startups in the life sciences industry, according to his bio. Born in Lebanon, his family moved to Canada in 1975 to flee the civil war. He came to the US to attend graduate school at MIT and has lived in the Boston area ever since.


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Polestar is the latest EV maker to announce a move to Tesla's North American charging standard    
Polestar is the latest EV maker to announce a move to Tesla's North American charging standard
SAE International, an engineering group that publishes standards for the auto industry, said earlier this week that it is in the process of writing public standards for Tesla\'s NACS charging plug.


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Extreme heatwaves continue to grip US as millions under heat and air quality alerts - as it happened    
Extreme heatwaves continue to grip US as millions under heat and air quality alerts - as it happened
A new survey by the Society of Actuaries (SOA) Research Institute has found that 53% of Americans reported that extreme weather events - including hurricanes, tornadoes, heatwaves, wildfires and flooding - have adversely affected their health.


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Opposition leader Rahul Gandhi begins two-day visit to unrest-hit Manipur    
Opposition leader Rahul Gandhi begins two-day visit to unrest-hit Manipur
Some observers have even warned that civil war is a possibility unless the national government can bring about – if not a reconciliation which seems unlikely – some sort of agreement between the two groups that will allow them to live together peacefully.


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Why Some Americans Buy Guns    
Why Some Americans Buy Guns
It may be that this is a form of gun embodiment, he said, adding that the participant’s “ability to act in the environment is affecting how they see the environment — that holding that gun is distorting how you’re seeing the world.”


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'There's so much anger': France braces for more rioting over police shooting    
'There's so much anger': France braces for more rioting over police shooting
Sarah, 30, who lives on the estate, said: "The mood here can be compared to the issues of police shootings and racism in US. People are saying it is not right for the police to kill a young person of colour at close range for a traffic offence. Young people are fed up with racism in general. I have four sons, I'm worried for all of them. But I'm afraid that this reaction, where young people are clashing with police at night on the estates, will just make things worse. Far-right politicians will say: 'Oh look, it's them again,' and they will use it against people who live on estates. We really hope things will calm down. We really hope we can sleep tonight."


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Inquisitive, beloved Canadian sex educator Sue Johanson dies aged 93    
Inquisitive, beloved Canadian sex educator Sue Johanson dies aged 93
In a 2006 appearance on Late Night With Conan O’Brien, she made the host and actor Ray Romano visibly uncomfortable when she said, “Men are convinced that to be a good lover they’ve got to have this humongous penis with an erection that is so rigid you can strike matches on it,” as she made illustrative gestures with her hands.


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Moms for Liberty’s School Board Antagonism Draws G.O.P. Heavyweights    
Moms for Liberty’s School Board Antagonism Draws G.O.P. Heavyweights
Jonathan Weisman is a Chicago-based political correspondent, veteran journalist and author of the novel “No. 4 Imperial Lane” and the nonfiction book “(((Semitism))): Being Jewish in America in the Age of Trump.” His career in journalism stretches back 30 years. @jonathanweisman


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Iraq protesters breach Sweden's embassy over Qur'an burning    
Iraq protesters breach Sweden's embassy over Qur'an burning
Kuwait said perpetrators of "hostile acts" must be brought to justice and "prevented from using the principle of freedoms as a ploy to justify hostility against Islam or any holy faith".


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Aspartame may be a ‘probable carcinogen.’ Here are the 8 most common drinks and foods containing the sweetener    
Aspartame may be a ‘probable carcinogen.’ Here are the 8 most common drinks and foods containing the sweetener
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Key Madeleine McCann witness says Met police ignored tipoff for nine years    
Key Madeleine McCann witness says Met police ignored tipoff for nine years
“I lived on Corsica, I was happy, I had work and no worries. Then suddenly it was all gone. Reporters were at my door … [people] asked me: ‘How come you know someone like that?’ My past caught up with me … I want my old life back, but that is no longer possible.”


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The top 6-month CD rates for June 2023    
The top 6-month CD rates for June 2023
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Australia news live: Dutton says Berejiklian 'not a corrupt person'; final Taylor Swift tickets sale; Melbourne earthquake    
Australia news live: Dutton says Berejiklian 'not a corrupt person'; final Taylor Swift tickets sale; Melbourne earthquake
"I am the boss, even when you're the premier." Daryl Maguire's words to Gladys Berejiklian, revealed in excruciating detail by the Icac inquiry, lie at the heart of the corruption scandal that brought down the popular NSW premier. While she says she served the state to her best ability, Christopher Knaus asks why she kept secrets from her colleagues and voters.


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Suspect charged in hate-motivated stabbing in Canada university gender issues class    
Suspect charged in hate-motivated stabbing in Canada university gender issues class
In September of 2019, another man killed 10 people in Toronto when he drove a van on to the city’s streets. The man, Alek Minassian, later told police he saw the murders as an act of retribution against women who had ignored him. The incident drew focus on the online community of men who describe themselves as “incels” – involuntary celibate – and their hatred towards women. There have been similar misogynistic attacks in the United States.


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Gen Zers had no desire to work in finance before the economy started tanking. But they’ve since changed their minds for stability and higher pay    
Gen Zers had no desire to work in finance before the economy started tanking. But they’ve since changed their minds for stability and higher pay
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Warren Buffett's firm buys more Occidental Petroleum and now owns more than 25% of the oil producer    
Warren Buffett's firm buys more Occidental Petroleum and now owns more than 25% of the oil producer
Berkshire owns a portfolio worth several hundred billion dollars that includes major stakes in Apple, Bank of America and Coca-Cola stock. But the Omaha, Nebraska-based conglomerate also owns dozens of companies outright including Geico insurance, BNSF railroad, several large utilities and an assortment of manufacturing and retail firms.


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Post-affirmative action, here's how to protect diversity at work    
Post-affirmative action, here's how to protect diversity at work
Editor’s note: This story was originally published June 21 and updated June 29 after the US Supreme Court struck down affirmative action in a 6-3 and 6-2 vote. Follow the latest updates on the rulings here.


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Hipólito Mora, vigilante crusader against Mexico's drug cartels, killed in ambush    
Hipólito Mora, vigilante crusader against Mexico's drug cartels, killed in ambush
Speaking last year, Mora broke down as he remembered how his son had been murdered in 2014 - a year after he helped launch a historic militia uprising against the Knights Templar drug cartel in Mexico's sun-scorched western badlands.


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Ex-federal safety chair billed taxpayers for $50,000 in personal air travel and thousands more in office furniture, U.S. watchdog says    
Ex-federal safety chair billed taxpayers for $50,000 in personal air travel and thousands more in office furniture, U.S. watchdog says
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Valley Bank Review 2023: Checking account options for every type of customer    
Valley Bank Review 2023: Checking account options for every type of customer
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.




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