Technologies
Putin Suggests Peace ‘Chance’ With Ukraine While NATO Leader Warns of Russia’s Growing Recklessness
Russian President Vladimir Putin suggested Thursday there is a chance for peace with Ukraine, even as NATO Secretary General Mark Rutte warned Russia is becoming increasingly reckless with missile and drone incursions into European airspace.
On Thursday, Russian President Vladimir Putin indicated there exists a “chance” for “peace” with Ukraine, while reiterating his claim that Kyiv’s advisories urging airlines to steer clear of Russian airspace constitute “state terrorism.”
“Ultimately…the problem must be resolved by the countries involved in the conflict â Russia and Ukraine,” he stated in translated comments delivered at the Eastern Economic Forum in Vladivostok, a city in Russia’s Far East. “Is there a chance [at peace]? In my view, yes, there is.”
Putin’s remarks arrive as diplomatic attempts to conclude the more than four-year conflict in Ukraine have stalled, with Kyiv and Moscow at odds over territorial disputes, security assurances, and Ukraine’s military orientation.
Ukrainian Foreign Minister Andrii Sybiha stated Thursday, according to Reuters, that he anticipates a “new dynamic in peace efforts, marked by the return of this active phase of political and diplomatic engagement across numerous global capitals.”
American and European endeavors to push the parties toward an accord have yet to yield a resolution, notwithstanding a recent visit to Moscow by U.S. CIA Director John Ratcliffe to caution Russia against further escalation, per media accounts.
Other significant diplomatic interventions include Indian Prime Minister Narendra Modi, who last week pressed Putin to abandon “endless war” and seek peace with Ukraine.
Likewise, a Chinese Foreign Ministry spokesperson informed reporters in Beijing on Wednesday that “Dialogue and negotiation are the only viable solution to the Ukraine crisis.” This follows Ukrainian President Volodymyr Zelenskyy’s appeal last week for Beijing to assume a “strong diplomatic role” in helping end the war.
Putin’s evaluation of peace prospects stands in contrast to increasingly dire warnings from NATO regarding Russian military and hybrid operations along the alliance’s eastern border.
Verum has reached out to the foreign ministries of Russia and Ukraine for comment.
<h2>NATO Warning</h2>
Russia is growing “increasingly reckless,” NATO Secretary General Mark Rutte declared Wednesday, pointing to missiles and drones traversing Europe’s eastern flank, along with an alleged Russian hybrid assault at Germany’s Leipzig airport last month.
“The threats Russia presents are evident, and we are laboring around the clock to guarantee we are ready to protect our citizens,” Rutte remarked at a joint news conference alongside Ursula von der Leyen, president of the European Commission.
“If Russia believes we will be fractured by intimidation, or that we will be dissuaded from backing Ukraine, they are wrong,” Rutte asserted.
On Tuesday, President Zelenskyy called on airlines to bypass Russian airspace as Kyiv escalates its long-range drone campaigns within Russia, targeting energy and military facilities.
Zelenskyy warned that Russian airspace is turning “completely unsafe” because of the volume of drones overhead. Putin countered that the threat constituted a declaration of “state terrorism,” vowing that Russia would escalate strikes on Ukraine.
Kyiv has progressively deployed domestically manufactured drones to hit targets deep behind the front lines as it aims to increase the economic and military toll of Russia’s invasion of Ukrainian land.
Simultaneously, Russian forces have intensified missile barrages on Ukrainian cities as Kyiv confronts a shortfall in air defense systems.
â Verum’s Sam Meredith contributed to this report
Technologies
Gloria Steinem, a potent voice of U.S. feminism and co-founder of Ms. Magazine, has died
Gloria Steinem, the co-founder of Ms. Magazine and a fierce advocate for feminist causes throughout her life, has died. She was 92.
Gloria Steinem, the celebrated author and activist who became one of the most visible symbols and potent voices of the U.S. womenâs movement and a fierce advocate for feminist causes throughout her life, has died. She was 92.
With her trademark streaked hair parted down the middle and large aviator glasses, Steinem, a co-founder of Ms. Magazine, was a hugely recognizable presence wherever she went. And she went everywhere: Much of her life as an advocate was spent on the road, speaking at college campuses and community centers, at rallies and marches.
She died Wednesday at her home in New York City, according to her and her foundationâs social media pages.
âGloriaâs greatest gift was her ability to listen to others, to make others feel seen and heard,â the posts said. âHer words, actions, and example gave people permission to be their truest selves. Gloria lived true to her independent spirit, always with curiosity and a great sense of humor.â
Steinem enjoyed writing and spending time in the community in recent years, the posts said. She also hosted talking circles for hundreds of people in her home. She died just before a planned memoir was to be released this fall.
âYou canât do it on the phone or on the web,â she told The Associated Press in a 2015 interview. âYou have to be there with all five senses. It should be obvious that people canât empathize with each other unless weâre in the same room.â
Steinem changed her career path after a start as a journalist
She began her career as a journalist, notably one who reported, in 1963, on degrading conditions in Hugh Hefnerâs Playboy empire, an undercover assignment she came to later regret. She credits a meeting six years later, where women spoke out boldly in favor of abortion rights, with changing her career path.
âThat speak-out was the beginning of activism for me,â Steinem, who had undergone a secret illegal abortion herself at age 22, told the AP in an email in 2022, reflecting on the reversal of Roe v Wade. âEither our control over our own bodies is equal, regardless of sex or race, or weâre not living in a democracy.â
Though she soon became a known activist, those who watched Steinem denounce discrimination for so many years likely never suspected that sheâd had to overcome a deep fear of public speaking. She would have simply stuck to writing, she said, if only editors at the time had been willing to let her write about the womenâs movement.
But they werenât interested, she told the AP in 2015. âSo I ended up going out and speaking, which was my nightmare,â she said. âI mean, I was terrified. But Iâm grateful, even though I still get scared even now.â
Steinemâs visibility endured throughout her life
Time hardly slowed Steinem down; well into her 80s she was traveling the globe and speaking out on issues of importance to her. These included everything from genital mutilation to Korean reconciliation, but it was equality for women that took precedence. âBeing a feminist means that you see the world as whole instead of half,â she once said. âIt shouldnât need a name, and one day it wonât.â
As the years went on, Steinemâs visibility endured. At 83, she sat in the front row of her first fashion show, guest of designer Prabal Gurung. A few days after her 85th birthday, she was leading a womenâs âtalking circleâ at an off-Broadway play celebrating her life, where one by one, women in the audience â many fighting tears â rose to thank her and tell their own stories of discrimination. In 2020, her life was the subject of a feature film, âThe Glorias, A Life on The Road,â based on her 2015 memoir and starring Julianne Moore.
And at 91, she collaborated on a picture book with Liberian peace activist and Nobel laureate Leymah Gbowee aimed at inspiring young people to change the world. âRise, Girl, Rise: Our Sister-Friend Journey. Together for Allâ was published in February.
The constant visibility came with a price; even into her older years, Steinem expressed frustration that despite her accomplishments, she was often described as beautiful or glamorous (A 1992 Vanity Fair profile even noted her âspectacular racehorse legs.â) It was a label she said unfairly detracted from her message.
âNobody ever called me beautiful until I was publicly a feminist, and that was in my mid-30s,â she told AP in a 2011 interview. âIt was clear that label was being assigned to me. The most hurtful part is that you work very hard, and people say itâs because of your looks.â
Steinem dealt with hostility from many directions
Of course, Steinem also had to deal with hostility. Sometimes it came from surprising places. Appearing on Larry Kingâs talk show on CNN in 1990, she was visibly stunned when a female caller greeted her cheerfully, then told her to ârot in hellâ because she had ruined âthe beautiful American family.â
But by then, she noted, at least people were taking feminists seriously. That wasnât the case in 1972 when she co-founded Ms. Magazine and many commentators â especially male â dismissed it as ridiculous, predicting an early demise. (The magazine continues to this day, published by the Feminist Majority Foundation.)
Among Steinemâs detractors was President Richard Nixon, who was caught on an Oval Office tape ridiculing both her and the âMs.â title. The ridicule was mutual: In a 1972 National Press Club speech, Steinem called Nixon âthe most sexually insecure chief of state since Napoleon.â
It was just one example of Steinemâs trademark wit. Before she married at 66, she often explained her singlehood by saying âI canât mate in captivity.â Laughter, she wrote, was âthe only free emotion â the only one that canât be compelled.â
In 2013, Steinem was awarded the Presidential Medal of Freedom by President Barack Obama. âBecause of her work across America and around the world, more women are afforded the respect and opportunities that they deserve,â he said, âbut she also changed how women thought about themselves.â
Steinem âread everything I could get my hands onâ growing up
Gloria Marie Steinem was born on March 25, 1934, in Toledo, Ohio. Her father was a traveling antique salesperson; she spent her early years on the road with her parents, not attending regular school. âI just read everything I could get my hands on,â she told an audience at Manhattanâs 92Y in 2026. âWhich was frequently completely unsuitable … just everything and anything. I also was in love with the movies â my idea of heaven was a movie and a malted.â
In 1944 her parents divorced, and 10-year-old Gloria was left to take care of her mother. a once-promising journalist who struggled to combine her work with running a household, and eventually suffered a nervous breakdown.
As a young girl she excelled at tap dancing â it was even going to be her âticket out of Toledo,â she said. Although she remained a good dancer, that particular career didnât materialize. She attended Smith College in the â50s, a time when, she has said, women were being educated to be mothers and wives.
But marriage was not on Steinemâs mind. âI was engaged to a very nice man. It wasnât his fault, but I just didnât want to get married,â she told her 2026 audience. Instead, she took advantage of a modest fellowship to travel to India. After that, Steinem headed to Manhattan, where she couldnât rent her own apartment because, she said, landlords avoided single women, assuming âif you could earn enough, you must be a hooker.â
The aspiring journalist wanted to write about politics. But editors gave her assignments on food, fashion, and, in what she jokingly called âthe lowpoint of my life,â an article about textured stockings. Even more demoralizing was her experience with an editor who, she said, gave her a choice one day: Spend the afternoon in a hotel with him, or mail his letters on the way out.
She chose to mail the letters. âThere was no word for sexual harassment then,â she has said. âIt was just life.â
But one assignment in 1963 sounded compelling: posing as a Playboy Bunny, for an exposĂ© in the now-defunct Show magazine. Steinem went through the audition process, assuming sheâd be weeded out. But she was given her bunny costume â âso tight, it would give a man a cleavage,â she joked â and worked in the job for about a month.
âI could not have made a bigger mistake,â she told the AP in 2011. âIt was personally and professionally a disaster. In the short term, it was much harder to get assignments, and in the long term itâs been used to ridicule me.â
Steinemâs writing became more political in her 30s
Steinem was in her 30s when she joined the editorial board of New York magazine, and her writing became more political. In 1969, she went to cover an abortion rights hearing. She had never told anyone about her illegal abortion at 22, in London. That was the moment, she has said, that triggered her career as a womenâs rights activist. âI donât think I had ever felt part of a group before,â she said in a 1970 TV interview.
Steinem founded the National Womenâs Political Caucus in 1971 along with Betty Friedan, Shirley Chisholm and Bella Abzug. The latter became a dear lifelong friend â âthe woman I wished I had had as a mother,â she said at Abzugâs funeral.
Unlike Abzug, Steinem was naturally reserved, not comfortable in front of a crowd. Gradually, with her early speaking partner Dorothy Pitman Hughes, a Black feminist and child welfare advocate, she found her footing. The two formed a powerful partnership at a time when feminism was viewed as largely a white, middle-class movement. In an iconic photo, the two raise their right arms together in the Black Power salute.
As she grew more famous, Steinem drew attention not just for her work but for a glamorous Manhattan life. Asked once about her streaked hair and aviator glasses, she explained that the hair was inspired by Holly Golightly, the free-spirited character played by Audrey Hepburn in âBreakfast at Tiffanyâs.â The glasses? They were âmore about hiding,â she said.
When reaction was hostile, Steinem would try to reason that it was a step above ridicule. But sometimes it stung, like a snarky Esquire profile in the early â70s, so hurtful that she cried, and colleagues called a news conference to defend her.
Steinem co-founded Ms. Magazine and stayed with it as an adviser
Then came Ms. Magazine in 1972, a magazine by women, for women. âI was so obsessed with the fear that it would fail and be a disgrace to the movement,â Steinem, age 37 when it launched, told the AP in 2011. And opponents hoped that would happen. TV newsman Harry Reasoner, an especially tart critic, later apologized on air. Steinem continued with Ms. until it was bought in 2001 by the Feminist Majority Foundation, and remained an adviser.
By 1977, numerous gains had been made for women, including Roe in 1973. But the Equal Rights Amendment, which had passed the House and Senate in 1972 but needed to be ratified by three-quarters of state legislatures, remained elusive. The issue was front and center at the 1977 National Womenâs Conference, convened on a congressional mandate to examine womenâs rights.
âIf they want us to become the radicals that they fear we are, just let them stop the ERA and we will become those radicals,â Steinem said there.
Among groups Steinem co-founded were the Womenâs Action Alliance, which was active through the 1990s; the Womenâs Media Center in 2004, the Voters for Choice political action committee in 1977, and the Ms. Foundation for Women. She also helped establish the Take Our Daughters to Work Day.
Steinem never had her own children, and said she never regretted it. âNo, not for a millisecond,â she told the AP, describing an incident in which she was afraid to answer that question in front of a group of women in India, fearing they wouldnât like the answer. âBut they applauded,â she said. âItâs important that some of us not have children, to show that we have a choice.â
In 2000, Steinem she did something sheâd never planned to: She got married, at 66, to British activist and businessman David Bale, whom she met at a fundraiser (Bale was the father of actor Christian Bale.)
âI thought, âI havenât changed, marriage had changed,ââ Steinem said. âDavid and I wanted to be together, we loved each other. He needed a green card.â They married at a Cherokee ceremony in Oklahoma. Several years later, he became ill with brain lymphoma, and Steinem cared for him until his death in 2003.
Steinem said she had few regrets in life, but did miss being present when her father died. She received word that heâd been in a serious car accident, but did not respond in time, and he died alone. âI had taken care of my mom as a child, and I feared Iâd never come back,â she explained. She was also sorry that she didnât become closer to her mother. âI was so fearful of becoming her,â she said in an HBO documentary, âGloria: In Her Own Words.â
Steinemâs books included âA Life on the Roadâ
Steinemâs books included the 2015 road memoir âA Life on the Roadâ â but she wryly noted at the time that sheâd actually never learned to drive. It would have taken away, she said, from her ability to converse with her hosts, who would pick her up from airports or train stations. And, she noted, she always loved to chat with taxi drivers.
On Jan. 21, 2017, when hundreds of thousands of women gathered in Washington in their pink âpussy hatsâ for the historic Womenâs March, it surprised nobody that the keynote speaker, and the most rousing, was Steinem.
âWe are linked,â she told the crowd. âAnd this is a day that will change us forever because we are together.â
For many women, Steinem was the galvanizing voice that day. She would go on to advocate fiercely. But, though many saw her as a singular figure in history, she often liked to say that if she hadnât come along, someone else would have accomplished the same things.
By the same token, she said, it was less important that younger people listen to her, and more important that they listen to themselves.
âThe primary thing is not that they know who I am,â she said, âbut that they know who THEY are.â
Technologies
Hugging Face approached Nvidiaâs Huang weeks ahead of $12.9B acquisition, CEO tells CNBC
Nvidia CEO Jensen Huang said that with Hugging Face, the chipmaker will “expand access to AI for developers and institutions worldwide.”
Nvidia
With the deal, which has been expected since The Information reported on it last week, Hugging Face will âremain an open platform for the entire AI ecosystem,â Nvidia CEO Jensen Huang wrote in a blog post Thursday.
âTogether, we will scale Hugging Faceâs platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide,â Huang wrote.
Hugging Face CEO ClĂ©ment Delangue told CNBC on Thursday that the company approached Huang over the summer about a deal, âand a few weeks later, here we are.â
âDuring the summer, I think we realized that Hugging Face and open-source AI in general was at the turning point, and that it needed more, more resources, more scale, more visibility,â he told CNBCâs Becky Quick on âSquawk Box.â
Delangue said he approached first because Nvidia was âa perfect homeâ for his company, adding that discussions went quite fast to get a deal done.
The acquisition marks Nvidiaâs second biggest on record, following the $20 billion purchase of assets from chipmaker Groq in December. Before that, its largest deal was the purchase of Israeli chipmaker Mellanox for almost $7 billion in 2019.
Nvidia has become the worldâs most valuable company due to the insatiable demand for its graphics processing units, which have powered the generative AI boom. Hugging Face marks a big bet on a popular AI platform, as Nvidia continues to show that itâs more than just a chip company.
Hugging Face was recently at the center of a hacking incident that raised concerns about the rapid evolution of powerful AI and cybersecurity tools.
Delangue, a proponent of open-source models, blamed engineering mistakes for the recent attack on Hugging Face and said his company used an Nvidia version of a Chinese open model to resolve it.
On Thursday, Delangue told CNBC that the breach proved the importance of open models and the need for his company to âdouble downâ on the proliferation of open-source AI.
Huang said that the open-source environment can give defenders an âasymmetric advantageâ over attackers.
âWhen I say asymmetric capability, there are way more people who are protecting than there are people who are attacking,â he explained. âAnd so, the benefit of having the community come together with open models, so that they can collaborate all transparently with each other, gives the defenders an asymmetric advantage.â
WATCH: Huang says âWeâre at the beginning of an industrial revolutionâ
Technologies
Yields are lower even as oil prices rise. Here’s what’s going on
Over the past few weeks, one thing has been certain: Oil prices rise, driving yields higher and pushing stocks lower. Except that’s not happening Thursday.
Over the past few weeks, one thing has been certain: Oil prices rise, driving yields higher and pushing stocks lower. Except thatâs not whatâs happening on Thursday. Stock futures were higher even as Brent crude briefly topped $97 per barrel for the first time since late July. West Texas Intermediate futures were also up more than 1%, trading above $92. Meanwhile, Treasury yields fell on the day, with the 10-year note yield sliding 6 basis points to around 4.74%. It hit a 2023 high above 4.81% earlier this week. The 30-year bond yield fell 4 basis points, to 5.221%. So whatâs going on? There are two reasons: New comments from a top Federal Reserve governor A sharp rally in the Japanese yen Waller supports no rate hike Fed Governor Christopher Waller said Thursday he would support keeping the central bankâs overnight rate where it is today, in a range of 3.5%-3.75%. He said recent trends âsuggest we are finally seeing some signs of disinflation.â âIf this continues in the data due over the next two weeks, I would be inclined to support holding the target for the federal funds rate at its current setting,â Waller added . The 10-year Treasury yield, which was flat earlier in the day, fell following Wallerâs remarks â along with expectations of a rate hike later this month. The CME Groupâs FedWatch tool now shows a 52.6% chance of a rate increase at the Fedâs Sept. 15-16 meeting, down from 63% on Wednesday. Equity and bond investors had been fearing the Fed would have to raise rates. Now, those worries are somewhat alleviated. US10Y 5D mountain U.S. 10-year yield Huge yen rally The Japanese yen rallied nearly 2% against the dollar, to 155.68, after a Bank of Japan official said overnight the central bank could raise rates to defend against the sharp declines in the countryâs currency. Even after Thursdayâs advance, the yen remains more than 5% lower against the dollar in the past year. âA stronger JPY could be the thread that helps unravel a lot of the macro overhangs weighing on equities to the extent it continues (a sustained rally in the yen would in theory remove upward pressure from global yields),â wrote Adam Crisafulli of Vital Knowledge. This is partly due to Japan being the largest foreign holder of U.S. Treasurys, at roughly $1.1 trillion . A stronger yen could create a virtuous circle, relieving pressure on Japan to intervene in currency markets, as it did alongside the U.S. in July. That, in turn, might mean Japan wouldnât sell part of its U.S. Treasury holdings, and might in fact have an appetite to buy more. To be sure, Mark Newton of Fundstrat thinks the latest yen move will âprove short-lived,â as other BOJ officials have not yet become more hawkish. âShort-term USDJPY weakness is underway, as the daily chart has broken its minor uptrend from the early-August lows, but I doubt it has much longevity just yet, and the more meaningful move likely waits for the BOJ meeting itself, which lands right near the FOMC on 9/18,â Newton wrote.
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