<p>CNBC&#8217;s Uptin Saiidi retraces the journey of the Dunkirk evacuation in a vintage 1940s plane.</p>
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Dunkirk: How planes played a crucial role in the WW2 evacuation | CNBC International

<p>CNBC&#8217;s Uptin Saiidi explains how Hong Kong&#8217;s significance is coming under pressure as China pushes to become more open to the world.</p>
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Is China threatening Asia’s financial center? | CNBC International

<p>CNBC&#8217;s Uptin Saiidi tests out a popular sushi chain in Asia, where custom orders are delivered to your seat by an automated train.</p>
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An attempt at ‘zero human interaction’ in a fully-automated sushi restaurant | CNBC International

<p>The concept of re-using oil may seem strange to some, but it&#8217;s incredibly important in Brazil. Sustainable Energy takes a look at how this works.<br />
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Re-refining oil is a big deal in Brazil | Sustainable Energy

<p>Formula One hosted its first-ever live event in the heart of London to attract a younger, bigger audience.</p>
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Formula One gears up for millennials | CNBC International

<p>Once abandoned as a huge mistake, the O2 Arena celebrates ten years of private ownership with a series of headline acts throughout the London summer.</p>
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How London’s O2 Arena went from abandonment to success | CNBC International

<p>In Norway, bright minds are looking to transform the way subsea inspections are carried out. Sustainable Energy takes a closer look.<br />
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A modular, ‘snake like’ vehicle could transform subsea inspections | Sustainable Energy

<p>The Fed is often called the most powerful bank in the world but what does it really do? CNBC&#8217;s Elizabeth Schulze explains.</p>
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Why do we have the Fed? | CNBC International

<div class="group-container ">
<div class="group">
<p>&#8220;Africa is an awakening giant,&#8221; according to the former South African President Frederik Willem de Klerk speaking at the World Petroleum Congress in Istanbul.</p>
<p>The leader who oversaw the transition of his country&#8217;s power to Nelson Mandela said Tuesday that the future looks bright for a continent previously blighted by war, famine and a lack of infrastructure.</p>
<p>&#8220;I believe Africa is an awakening giant and, yes, it is not performing according to what we expected soon enough, but it will perform,&#8221; he said.</p>
<div id="inline_movable_ad"> De Klerk believes that African countries are primed to take advantage of the world&#8217;s growing size.</div>
<p>&#8220;If we look at food shortages for the rest of the world with a growing population, Africa is the solution,&#8221; he said.</p>
<p>&#8220;It has underdeveloped land, frugal land, which can provide food for the growing billions of the world.&#8221;</p>
</div>
</div>
<div class="group-container ">
<div class="inline-player">
<div class="pro-video-chapters fall dyperf dyMonitor" data-adid="535383||1437|||">Companies investing in Africa have bemoaned rampant corruption in countries such as Kenya and Nigeria that have seen strongmen leaders enrich themselves at the cost of their own people.</div>
</div>
<div class="group">
<p>But de Klerk said Africa is not alone in this regard: &#8220;Corruption is a worldwide problem, it is just more sophisticated in the developed world and more unsophisticated in the developing world. But it is everywhere.&#8221;</p>
<p>&#8220;Africa has a great future. I firmly believe in it. But we need to get our house in order we need to fight corruption more effectively,&#8221; he added.</p>
<p>The former leader added that investors in his own South Africa, can rely on the country&#8217;s constitution for asset protection rights and dismissed recent headlines about &#8220;property seizures&#8221; as comments from extremists.</p>
<p>[bc_video video_id=&#8221;5504152717001&#8243; account_id=&#8221;1571595826001&#8243; player_id=&#8221;default&#8221;]</p>
<p><strong>South African leadership</strong></p>
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<div class="pro-video-chapters fall dyperf dyMonitor" data-adid="535383||2186|||"> This year South Africa&#8217;s ruling ANC party will elect a new leader and de Klerk viewed it as a great opportunity.</div>
</div>
<div class="group">
<p>&#8220;What is going on is bad leadership at the moment. It&#8217;s not good governance; it is a governing party which is itself in disarray,&#8221; he said.</p>
<p>&#8220;But there is light at the end of the tunnel. The time of President Zuma is running out. He will be replaced as leader of the African National Congress (ANC) in December this year.&#8221;</p>
<p>De Klerk said a strong candidate to lead South Africa is emerging but refused to name the person on the grounds it might be a &#8220;kiss of death for him.&#8221;</p>
<p>De Klerk added that independent courts, a free press and a civil society that is &#8220;bulging its muscles,&#8221; are all combining to provide increased stability in South Africa.</p>
</div>
</div>


“Africa is an awakening giant” – Former SA President FW de Klerk

<p>Sustainable Energy continues its look at how technology is being used to change parts of the oil industry.<br />
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Using innovation to transform oil, part two

<p>In this episode of Sustainable Energy, we look at how technology is being used to change parts of the oil industry.<br />
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Using innovation to transform oil, part one

<div class="group-container ">
<div class="inline-player"><a title="http://www.cnbc.com/brexit/" rel="2">Britain&#8217;s exit</a> from the <a title="http://www.cnbc.com/european-union/" rel="3">European Union</a> has not only revitalized current members but it has also inspired countries outside of the bloc to apply for membership, the International Monetary Fund&#8217;s managing director, Christine Lagarde told CNBC Tuesday.</div>
<div class="group">
<p>&#8220;It&#8217;s quite fascinating to see this sort of parallel track of those existing members of the EU suddenly being revitalized, rejuvenated and re-encouraged in the face of what they regarded as the adversity of one member wanting to jump ship,&#8221; Lagarde said on Tuesday.</p>
<p>Britain narrowly voted to leave the EU in a referendum on June 23 last year, an event that shocked financial markets as well as commentators across the globe. Meanwhile, formal talks between the U.K. and EU&#8217;s negotiators kicked off in June this year shortly after British Prime Minister Theresa May failed to increase her parliamentary majority in a snap general election.</p>
<div id="inline_movable_ad"> British and EU leaders now have just over a year and a half to negotiate and agree a deal, which will then go to a vote before the European Parliament.</div>
<p>When asked whether countries such as Serbia and Montenegro – both of whom are hoping to become members of the EU – could endanger the future of the bloc, Lagarde stressed the EU had been reinvigorated by the Brexit vote.</p>
</div>
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<h4 class="subtitle">&#8216;An aspiration and an inspiration&#8217;</h4>
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<p><span class="video-icon"><a class="" href="http://www.cnbc.com/video/2017/07/11/how-countries-in-europe-are-anchored-by-the-eu.html" data-videoid="3000634947" data-videotype=""><img loading="lazy" decoding="async" title="IMF's Lagarde: How countries in Europe are anchored by the EU" src="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/07/11/104579603-3ED2-REQ-0711-LagardeVid2.600x400.jpg?v=1499790809" alt="IMF’s Lagarde: How countries in Europe are anchored by the EU" width="600" height="400" /></a></span></p>
<div class="headline">IMF&#8217;s Lagarde: How countries in Europe are anchored by the EU  <time>19 Hours Ago | 02:17</time></div>
</div>
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<p>Speaking on the sidelines of an international banking conference in Dubrovnik, Croatia, Largade argued the European project was &#8220;clearly alive, kicking, an aspiration and an inspiration&#8221; for many countries in the EU.</p>
<p>&#8220;At the same time, some of these non-EU members aspiring to join (are) wanting to accelerate the process. I think that is a very strong sort of double positive message,&#8221; Lagarde told CNBC.</p>
<p><a class="inline_asset" title="http://www.cnbc.com/2017/06/16/imfs-lagarde-warns-the-uk-against-crash-brexit.html?view=story&amp;%24DEVICE%24=native-android-tablet" href="http://www.cnbc.com/2017/06/16/imfs-lagarde-warns-the-uk-against-crash-brexit.html?view=story&amp;%24DEVICE%24=native-android-tablet">Last month</a>, Lagarde suggested it would be best for the U.K. economy to prioritize a predictable exit from the EU rather than a &#8220;crash situation&#8221;.</p>
<p>In April, the Fund warned that the unpredictability surrounding Brexit posed a risk to global financial stability. It forecast at the time, the U.K. economy would expand 2 percent in 2017, before gross domestic product (<a title="http://www.cnbc.com/gdp/" rel="1">GDP</a>) declines to 1.5 percent in 2018.</p>
<p>However, the institution is unable to calculate precisely how the British economy will suffer from Brexit because it has still to define its future arrangements with the EU.</p>
<ul>
<li>Article by <a href="http://www.cnbc.com/sam-meredith/" rel="author">Sam Meredith</a> | <a href="http://www.cnbc.com/karen-tso/" rel="author">Karen Tso</a></li>
</ul>
<p><em>— CNBC&#8217;s Silvia Amaro and Karen Gilchrist contributed to this report.</em></p>
</div>
</div>


IMF’s Lagarde reveals the unintended consequences of Brexit

<p>Wimbledon is a 130-year-old tennis championship, so perhaps you&#8217;d be surprised to learn artificial intelligence is integrated throughout it. CNBC’s Tom Chitty takes a trip to IBM&#8217;s nerve center, located below the courts.</p>
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IBM serves up artificial intelligence at Wimbledon | CNBC International

<div class="group-container ">
<div class="embed-container image"><a href="http://www.cnbc.com/north-korea/">North Korea</a>&#8216;s refusal to drop its nuclear weapons program may have a lot to do with the fate that met another would-be nuclear power&#8217;s dictator just a few years ago.</div>
<div class="group">
<p>Pyongyang&#8217;s ongoing development of nuclear weaponry — including the successful launch last week of a missile that could potentially reach the United States — has set off alarm bells across the international community. But the insistence of North Korean dictator Kim Jong Un to keep building an arsenal could come from a lesson he learned from another one-time opponent of the West: Libya&#8217;s Moammar Gadhafi.</p>
<p>Gadhafi conceded to Western demands that he give up his quest for nukes in 2003, only to be toppled by <a href="http://www.cnbc.com/id/42836064">NATO and his Libyan opponents during a brief civil war in 2011.</a></p>
<div id="inline_movable_ad">Nobody likes Kim having nukes. He&#8217;s an erratic leader whose weapons programs defy UN sanctions, and North Korea has repeatedly broken promises to stop developing them. Worst of all, Kim likes to threaten to attack other countries, including <a href="http://www.cnbc.com/japan/">Japan</a>, <a href="http://www.cnbc.com/south-korea/">South Korea</a>, the <a href="http://www.cnbc.com/united-states/">United States</a>and <a href="http://www.cnbc.com/australia/">Australia</a>.</div>
</div>
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<div class="group-container ">
<div class="group">
<p>But <a href="http://www.cnbc.com/kim-jong-un/">Kim</a> likely sees the weapons as an insurance policy that keeps him in power. There are uncanny similarities between his regime and Gadhafi&#8217;s: The Libyan dictator had seized control of the state after leading a military coup in 1969. Like Kim, Gaddafi ran a socialist dictatorship built on a cult of personality. Under Gadhafi, <a href="http://www.cnbc.com/libya/">Libya</a> earned a reputation as a rogue nation. It consistently breached international norms, committing human rights abuses, funding terrorist groups, and proliferating weapons of mass destruction.</p>
<p>Yet, in a surprise move in 2003, Gadhafi agreed to give up his weapons program and welcome international inspectors. In exchange, the <a href="http://www.cnbc.com/united-states/">U.S.</a>and its allies promised better relations with Libya and lifted long-standing economic sanctions.</p>
<p>Eight years later, NATO led a military intervention to support rebels trying to overthrow Gadhafi&#8217;s regime. NATO said it was responding to a United Nations call to end crimes against humanity in the country.</p>
</div>
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<div class="group-container last">
<blockquote class="embed-container pull-quote"><p><span class="quote">&#8220;North Korea (is) firmly in the belief that they need to have credible nuclear deterrent, and they believe that as a sovereign country they have the right to do so.&#8221;</span><span class="author">-Dr. Guo Yu, analyst, Verisk Maplecroft</span></p></blockquote>
<div class="group">
<p>Gadhafi was beaten and killed after he was chased down by rebel soldiers on October 20, 2011. His convoy had been <a class="inline_asset" title="http://www.nbcnews.com/id/44971257/ns/world_news-mideast_n_africa/t/libyas-moammar-gadhafi-killed-hometown-battle/#.WWMJLoSGOUk" href="http://www.nbcnews.com/id/44971257/ns/world_news-mideast_n_africa/t/libyas-moammar-gadhafi-killed-hometown-battle/#.WWMJLoSGOUk">bombed and scattered by U.S. and French airstrikes</a> only moments earlier. Gadhafi holds the unfortunate (for him) distinction of being the only Middle Eastern national leader who was killed during the Arab Spring.</p>
<p>U.S. President <a href="http://www.cnbc.com/barack-obama/">Barack Obama</a> has called his failure to plan for the consequences of Gadhafi&#8217;s downfall the worst mistake of his presidency. But he has said he still believes military intervention was the &#8220;right thing to do&#8221;.</p>
<p>It&#8217;s highly likely that Kim keeps Gadhafi&#8217;s unfortunate end in mind, and it deters him and his North Korean leaders from surrendering their own nuclear weapons, according to experts.</p>
<p>&#8220;We see in Libya and <a href="http://www.cnbc.com/iraq/">Iraq</a> countries who gave up their WMD programs, and foreign power campaigns that led to a regime change,&#8221; said Dr. Guo Yu, principal Asia analyst at global risk consultancy Verisk Maplecroft. &#8220;To safeguard against that, North Korea (is) firmly in the belief that they need to have credible nuclear deterrent, and they believe that as a sovereign country they have the right to do so.&#8221;</p>
<p>Kim is also &#8220;watching what&#8217;s been happening in the <a href="http://www.cnbc.com/middle-east/">Middle East</a>, and the external military interventions — mostly led by the U.S. — which are interested in regime change and just reinforce the mindset for pursuing independent credible nuclear deterrence,&#8221; Yu said.</p>
<p>During a visit to Libya&#8217;s former colonial ruler <a href="http://www.cnbc.com/italy/">Italy</a> in 2009, Gaddafi remarked: &#8220;We had hoped Libya would be an example to other countries … But we have not been rewarded by the world.&#8221;</p>
</div>
</div>


Moammar Gadhafi may explain Kim Jong Un’s nuclear ambitions

<p>South African president, Jacob Zuma, is facing 783 corruption charges, widespread protests and renewed pressure to step down. CNBC&#8217;s Tom Chitty explains.</p>
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What’s happening in Zuma’s South Africa? | CNBC Explains

<p>Vintage cars aren&#8217;t just for driving. They can be a great way to invest your money but make sure you do it the right way with these handy tips from the experts as CNBC&#8217;s Tom Chitty finds out.</p>
<p>Photo credit: Paul Church</p>
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How to pimp your portfolio with a classic car | CNBC International

<p>Michael Brandt, co-founder of Nootrobox, says optimizing human output is the next wave in tech growth.</p>
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CNBC

Dunkirk: How planes played a crucial role in the WW2 evacuation | CNBC International

Is China threatening Asia’s financial center? | CNBC International

An attempt at ‘zero human interaction’ in a fully-automated sushi restaurant | CNBC International

Re-refining oil is a big deal in Brazil | Sustainable Energy

Formula One gears up for millennials | CNBC International

How London’s O2 Arena went from abandonment to success | CNBC International

A modular, ‘snake like’ vehicle could transform subsea inspections | Sustainable Energy

Why do we have the Fed? | CNBC International

“Africa is an awakening giant” – Former SA President FW de Klerk

Using innovation to transform oil, part two

Using innovation to transform oil, part one

IMF’s Lagarde reveals the unintended consequences of Brexit

IBM serves up artificial intelligence at Wimbledon | CNBC International

Moammar Gadhafi may explain Kim Jong Un’s nuclear ambitions

What’s happening in Zuma’s South Africa? | CNBC Explains

How to pimp your portfolio with a classic car | CNBC International

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CNBC

Dunkirk: How planes played a crucial role in the WW2 evacuation | CNBC International

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Re-refining oil is a big deal in Brazil | Sustainable Energy

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