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<p>More and more countries are boosting their defense industries, calling for a shift to a “war economy mode”. But what exactly is a war economy? #CNBC #Shorts<br />
&#8212;&#8211;</p>
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What is a war economy?

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<p>Last March, Thierry Breton, the EU&#8217;s commissioner for internal market, advocated for a shift of the European defense industry toward a war economy.</p>
<p>Europe is facing an &quot;existential threat,&quot; he said, as the Commission announced a new defense strategic plan, with a minimum of €1.5 billion ($1.6 billion) subsidy to boost the continent&#8217;s w&#8230;</p>


What are the economics of war?

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<p>Here’s how to maximize your Social Security retirement benefits, according to expert David Blanchett: “Wait until age 70.” https://cnb.cx/3ym1dfm&#8230;</p>


How to maximize Social Security retirement benefits

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<p>As the aviation industry looks to lower its carbon emissions, the race is on to find an alternative way of fueling air travel, and hydrogen is looking to be a frontrunner.</p>
<p>To prove its potential, a team in Les Sables-d&#8217;Olonne, France is building a hydrogen-powered aircraft, which aims to be the first to circumnavigate the globe. It goes by the nam&#8230;</p>


This hydrogen-powered aircraft could be the first fly non-stop around the globe

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<p>Focus On green manufacturing and logistics in Africa with Yango and Equitaine, showcasing pioneering efforts in sustainability. Discover how these industry leaders are transforming the continent&#8217;s industrial practices towards a greener future.</p>


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Focus On: Advancing green manufacturing & logistics in Africa

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<p>Significant job losses and bankruptcy filings over the past year signal a &quot;plain vanilla recession,&quot; according to Danielle DiMartino Booth, CEO and chief strategist for Quill Intelligence. In this episode of &quot;The Bottom Line,&quot; CNBC explores the former Dallas Fed advisor&#8217;s views on the state of the U.S. economy, the navigating high of inflation and interest rates, globalization and a weakening labor market.</p>
<p>Chapters:<br />
00:00 Introduction<br />
00:24 Bankruptcy cycle<br />
01:38 Federation policy<br />
04:54 Labor market outlook<br />
05:59 Recession?<br />
07:07 AI transformation<br />
07:57 Cryptocurrency<br />
8:52 International relations</p>
<p>Produced by Charlotte Morabito<br />
Edited by Emily Rabbideau<br />
Supervising Producer: Lindsey Jacobson<br />
Additional Footage: Getty Images</p>
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<p>About CNBC: From &#8216;Wall Street&#8217; to &#8216;Main Street&#8217; to award winning original documentaries and Reality TV series, CNBC has you cove&#8230;</p>


America Is In A ‘Plain Vanilla Recession’: Danielle DiMartino Booth | The Bottom Line

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<p>The company behind the popular artificial intelligence chatbot, ChatGPT, OpenAI was founded as a nonprofit in 2015 by a number of researchers, academics and entrepreneurs including Sam Altman, Greg Brochman and Elon Musk. Musk left OpenAI in 2018 and now has his own artificial intelligence company called xAI.</p>
<p>In its early years, OpenAI flew somewhat under the radar, at least from the point of view of the general public. The company released its first project in 2016, a toolkit called “OpenAI Gym” used for developing and comparing reinforcement learning algorithms. That same year, OpenAI also released Universe, a tool to train intelligent agents on websites and gaming platforms. But the release of ChatGPT in 2022 is what propelled the company to stardom. Today, OpenAI is valued at over $80 billion and counts Microsoft, which has invested around $13 billion into OpenAI since 2019, as a major supporter and partner. But OpenAI’s wild success has also raised concerns from regulators &#8230;</p>


How ChatGPT Made OpenAI One Of The Most Valuable AI Startups

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<p>With no financial reward for scoring an Olympic medal, cashing in on Olympic success is less straight forward than you may think.</p>
<p>The International Olympic Committee will hand out more than 300 medals over the course of the Paris Games, but it won’t hand out any cash.</p>
<p>“The Olympics has always supposedly been about striving to be the best, wit&#8230;</p>


How Olympic athletes make money

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<p>The U.S. has developed a huge appetite for avocados, with per-capita consumption more than tripling since 2001. Neighbor Mexico has fueled a lot of the demand, with 80% of its avocado exports bound for the U.S., which in 2024 are set to total $2.7 billion. No other country comes close to Mexico’s production; in 2023, the state of Michoacán alone, where most of Mexico’s avocados come from, planted more than 440,000 acres, according to the USDA. By comparison, California, the U.S.&#8217; most dominant avocado producer, had little more than 52,000 planted avocado trees. Several factors like expensive labor, skyrocketing water costs and shrinking land availability have diminished the state’s role in the industry significantly. Can the U.S. avocado industry ever catch up to Mexico’s?</p>
<p>Chapters:<br />
0:00 Introduction<br />
1:11 Chapter 1. California’s struggles<br />
6:17 Chapter 2. Mexico’s dominance<br />
9:15 Chapter 3. Supply chain risks</p>
<p>Produced by: Natalie Rice<br />
Edit by: Evan Lee Miller<br />
Senior Managi&#8230;</p>


Why Mexico Beats The U.S. In Avocado Production

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<p>Aerospace revolutionized travel, but now the industry is facing its biggest ever challenge: climate change.</p>
<p>IATA member airlines have committed to achieving net zero by 2050, but with the aviation sector being one of the hardest to decarbonize, that won&#8217;t be an easy task.</p>
<p>So could the answer be hydrogen?</p>
<p>Find out how hydrogen fuel works by watch&#8230;</p>


Could hydrogen planes revolutionize the aviation industry?

<p><iframe loading="lazy" src="https://www.youtube.com/embed/RhSXV0eMKzo" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Driving Africa’s macro-economic environment, understanding emerging trends and creating investment opportunities are key factors to help grow Africa’s economy. A panel of industry players from Mauritius discuss how leading global investments and strategic investment platforms can accelerate Africa’s economic expansion.</p>


Invest in Mauritius: Investments for accelerating Africa’s economic expansion

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<p>Aside from a medal, a stuffed toy of the Olympics mascot and a “mysterious” box containing the official event poster, some medalists receive additional financial rewards for their efforts. Learn more about the prizes awarded to Olympic athletes here: https://cnb.cx/3AfmY0L&#8230;</p>


Here’s how much athletes at the Paris Olympics earn for winning medals

<p><iframe loading="lazy" src="https://www.youtube.com/embed/_VrMjZOV2PA" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Investor&#8217;s sentiments at the Nigeria equities market have remained positive as buy interest in some bellwether stocks, driven by half-year results and dividend announcements reignite interest in the stock market. Muktar Mohammed, an Analyst at Assar Investments, joins CNBC Africa for a market update.</p>


Investors renew interest in bellwether stocks

<p><iframe loading="lazy" src="https://www.youtube.com/embed/HPIttVYKUjI" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>The Simandou mountain range, located in the Republic of Guinea, houses one of the world&#8217;s largest iron ore deposits. This Focus On will highlight the significance of the key transport development that adds value to Guinea&#8217;s iron ore infrastructure.</p>


Focus On: Simandou project crucial for Guinea’s development – Mines Minister

<p><iframe loading="lazy" src="https://www.youtube.com/embed/H6wsOM2QTPA" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>This episode of Focus On explores South Africa&#8217;s Venture Capital (VC) sector.  According to the Southern Africa Venture Capital and Private Equity Association&#8217;s 2024 Venture Capital Industry Survey, The country&#8217;s VC sector is a robust and growing sector with the total capital invested in startups exceeding R3 billion for the first time since 2010 and investment activity increasing by 17.8 per cent compared to the previous year.</p>


Focus On: Africa’s Venture Capital landscape

<p><iframe loading="lazy" src="https://www.youtube.com/embed/8gYCvJLyYL0" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Investors are in a cautious mode today in anticipation of the outcome of today’s Retail Dutch and T-bills auction. Meanwhile, traders at UBA say bond appetite remains weak. Chuka Nwachukwu, Head of ALM and Balance sheet Management at UBA joins CNBC Africa for more market movements.</p>


UBA: Investors await Retail Dutch, T-bills auction result

<p><iframe loading="lazy" src="https://www.youtube.com/embed/VtENaACyWCw" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>The boom in the digital payment landscape requires more local investment in infrastructure and human capital. Without either financial inclusion may become challenging. This Focus On puts the spotlight on digital payment strategies and best practice to expand into different African regions.</p>


Videos

What is a war economy?

What are the economics of war?

How to maximize Social Security retirement benefits

This hydrogen-powered aircraft could be the first fly non-stop around the globe

Focus On: Advancing green manufacturing & logistics in Africa

America Is In A ‘Plain Vanilla Recession’: Danielle DiMartino Booth | The Bottom Line

How ChatGPT Made OpenAI One Of The Most Valuable AI Startups

How Olympic athletes make money

Why Mexico Beats The U.S. In Avocado Production

Could hydrogen planes revolutionize the aviation industry?

Invest in Mauritius: Investments for accelerating Africa’s economic expansion

Here’s how much athletes at the Paris Olympics earn for winning medals

Investors renew interest in bellwether stocks

Focus On: Simandou project crucial for Guinea’s development – Mines Minister

Focus On: Africa’s Venture Capital landscape

UBA: Investors await Retail Dutch, T-bills auction result

Focus On: Expanding Africa’s digital payment landscape

News Tips

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Videos

What is a war economy?

What are the economics of war?

How to maximize Social Security retirement benefits

This hydrogen-powered aircraft could be the first fly non-stop around the globe

Focus On: Advancing green manufacturing & logistics in Africa

America Is In A ‘Plain Vanilla Recession’: Danielle DiMartino Booth | The Bottom Line

How ChatGPT Made OpenAI One Of The Most Valuable AI Startups

How Olympic athletes make money

Why Mexico Beats The U.S. In Avocado Production

Could hydrogen planes revolutionize the aviation industry?

Invest in Mauritius: Investments for accelerating Africa’s economic expansion

Here’s how much athletes at the Paris Olympics earn for winning medals

Investors renew interest in bellwether stocks

Focus On: Simandou project crucial for Guinea’s development – Mines Minister

Focus On: Africa’s Venture Capital landscape

UBA: Investors await Retail Dutch, T-bills auction result

Focus On: Expanding Africa’s digital payment landscape

News Tips

Advertise With Us

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