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The Latest Breaking News from Bill Russo

Senior U.S. Officials Express Concerns Over Israel's Gaza Operation

Newly revealed emails show concerns over Israel's Gaza operation, highlighting legal issues and humanitarian crises. Criticism of the Biden administration'...

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Are EU tariffs on Chinese electric vehicles a sign of weakness?

The European Commission is this week expected to disclose the tariffs it plans to slap on Chinese electric vehicles (EVs) over what it says are excessive subsidies – a move likely to prompt stern words and possible retaliation from Beijing.

Radio France Internationale

A State Department official warns Israel of 'major' reputational damage in Gaza war

Assistant Secretary of State Bill Russo told Israeli officials last week the Gaza war is damaging Israel's global reputation, potentially lasting a generation, according to a readout obtained by NPR.

WEKU

After Elon Musk predicts leading carmakers will be Chinese, smartphone giant Xiaomi unveils first EV and vows to be in ‘world’s top 5’

Xiaomi CEO Lei Jun unveiled the SU7 in Beijing on Thursday, a sedan that will take on BYD and Tesla models in China.

Fortune

Tesla's China sales are falling compared to its rival BYD—and the drop could have been worse without its price war

Tesla sold 10% fewer cars in China last month than the same period a year earlier, according to new data from the China Passenger Car Association.

Fortune

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Penn’s Biden Center provided a landing spot for many of the president’s top aides

PHILADELPHIA — When the University of Pennsylvania launched a think tank named for Joe Biden in 2017, it didn’t just create a prestige institution tied to the man who had just left the vice president’s office.

The Philadelphia Inquirer

China’s BYD was written off by Elon Musk. Now it’s beating Tesla

Shenzhen-based electric carmaker sold more than 641,000 vehicles in the first half of 2022.

Al Jazeera

‘Pearl lost its shine’: Shanghai expats eye exit over COVID rules

Outrage over draconian lockdowns is raising questions about city’s status as a global business hub.

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