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Reuters  —  The leader of a British-based Russian spy ring which prosecutors said carried out surveillance for the Kremlin was sentenced in a London court on Monday to nearly 11 years in jail, as his five team members were jailed for a total of about 40 years. Orlin Roussev, 47, pleaded guilty before trial to one count of conspiracy to spy for Russia after police found thousands of messages between him and Wirecard fugitive Jan Marsalek, who directed the unit of Bulgarian nationals from overseas. Judge Nicholas Hilliard sentenced Roussev to 10 years and eight months in prison, telling Roussev…

Brian Armstrong, CEO of Coinbase, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025.Gerry Miller | CNBCCoinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday. Shares of the crypto exchange jumped 8% in extended trading. The change will take effect before trading on May 19. Discover is in the process of being acquired by Capital One Financial.Since going public through a direct listing in 2021, Coinbase has become a bigger part of the U.S. financial system, with bitcoin soaring in value…

US President Donald Trump is setting up shop in the oil-rich Gulf. His wares are high-tech weaponry, AI chips and nuclear technology. Because Trump’s focus will be on business deals when he arrives in the Gulf on Tuesday, his visit is being framed as economic, above geopolitical. But Trump’s transactional approach to foreign policy also underscores a deeper truth about the current world order.  His visit will start on Tuesday in Saudi Arabia, followed by Qatar and the United Arab Emirates.   In a shaky global economy, countries are scrambling for investments and fighting for every penny they can get. The…

China and the United States agreed to de-escalate their trade war by significantly lowering tariffs for each other and forming a mechanism to start a trade negotiation in the next 90 days.According to a US-China joint declaration released on Monday, the US will reduce its tariffs on Chinese goods from 145% to 30%. This includes a 10% tariff that most other countries face and a 20% tariff pending China’s effort to stop the exports of fentanyl precursors to America. The 30% tariff is in addition to an average 20% tariff imposed by the US during the Trump administration’s first trade war…

BEIJING (AP) — After the lunchtime rush, it’s time for China’s food delivery drivers to eat.Liu Lijie, halfway through a 13-hour workday, parked his electric scooter in front of a restaurant in Beijing for his go-to choice, lamb noodle soup with a side of pickles, for 12 yuan ($1.65), a discount of 6 yuan off the regular price.The reduced-price meal is part of a movement that offers free or discounted meals to people in need, no questions asked.Known as “aixincan” (eye-sheen-zan), or “loving meals,” they are available at some restaurants in major Chinese cities, home to large populations of migrant…

CANBERRA, Australia (AP) — Australia’s Cabinet was sworn into office Tuesday after the center-left Labor Party was reelected in a landslide May 3.With vote counting continuing, Labor expects to hold between 92 and 95 seats in the 150-seat House of Representatives. The party held 78 seats in the previous Parliament.The conservative opposition alliance of parties is on track to win 41 seats in one of its worst election results.The Cabinet held its first meeting after the swearing-in ceremony.Prime Minister Anthony Albanese plans to fly to Jakarta on Wednesday to meet Indonesian President Prabowo Subianto. He then intends to fly from…

May 12, 2025, 04:45 PM ETArgentine Security Minister Patricia Bullrich handed the United States Embassy in Buenos Aires on Monday a list of 15,000 violent soccer fans who will be banned from stadiums during the upcoming Club World Cup.The expanded tournament, to be held in the U.S. from June 14 to July 13, will feature Argentine clubs Boca Juniors and River Plate, as well as 30 other teams from around the world.Editor’s Picks2 Related”The list includes more than 15,000 people who will be banned from stadiums. For us, this is extremely important because no violent person who has committed any…

CNN  —  What began as a festive campaign march quickly turned into a scene of terror in the Mexican state of Veracruz on Sunday night when a mayoral candidate was gunned down alongside three other people. A Facebook live stream captured the horror of that day. It showed Yesenia Lara Gutiérrez greeting residents as she paraded through the streets of Texistepec, surrounded by a caravan of supporters. The crowd was seen smiling and chanting before gunfire suddenly rang out off camera, drowning out their cheers. About 20 gunshots were heard in the video, which was still available on Lara’s Facebook…

CNN  —  The Dallas Mavericks won the 2025 NBA draft lottery on Monday in Chicago, securing the coveted top overall pick and the right to possibly select Duke University star forward Cooper Flagg next month. Dallas had just a 1.8% chance of receiving the first pick, the fourth lowest odds since the lottery started in 1985. This is the first time the Mavericks have won the lottery. Dallas will have the opportunity to reset the franchise by adding Flagg after trading Luka Dončić in the middle of this season, which sparked a huge amount of backlash from their fanbase. “It’s…

Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. CNN  —  The curator Koyo Kouoh, a giant of the contemporary art world who tirelessly championed African artists and became the first woman from the continent to curate the Venice Biennale, died on Saturday, age 57. Her death, in a hospital in Basel, Switzerland, was announced in a statement by the Biennale. While the official cause was not disclosed, her husband, Philippe Mall, said she had died of cancer following a recent diagnosis, according to The New York Times. Kouoh had been appointed…