ANALYSIS: After sanctions barrage, Russia’s emerging market allies explore workarounds
By Samuel Shen and Andrew Galbraith
SHANGHAI - As western governments ratchet up sanctions against Russia over its invasion of Ukraine, Moscow's emerging markets allies are exploring channels for trade...
US to withhold $85-M aid to Egypt over political detentions
WASHINGTON - The United States plans to withhold $85 million in military aid to Egypt because of Cairo's failure to meet US conditions on...
Global COVID response program ‘running on fumes’ amid budget shortfall
By Jennifer Rigby
A global initiative to get COVID-19 tests, treatments and vaccines to poorer nations has only received 5% of the donations sought to deliver on...
Pentagon worried about China’s nuclear ambitions
WASHINGTON — China is expected to, at least, double the number of its nuclear warheads over the next decade from the low 200s now and is nearing the ability to launch nuclear strikes by land, air and sea, a capacity known as a triad, the Pentagon said on Tuesday.
Fed cracks down on top officials’ trading in bid to end ethics scandal
WASHINGTON — The Federal Reserve on Thursday banned individual stock purchases by its top officials and unveiled a broad set of other restrictions on...
BOJ leaning toward exiting negative rates in March – sources
TOKYO - A growing number of Bank of Japan policymakers are warming to the idea of ending negative interest rates this month on expectations of hefty...
Australia urges US engagement in region amid rise of China
SYDNEY -- Australia warned Thursday against American disengagement from Asia at a time of rising Chinese power as traditional US allies grow nervous about...
China gave experimental vaccine to Kim, says analyst
SEOUL — China has provided North Korean leader Kim Jong Un and his family with an experimental coronavirus vaccine, a US analyst said on Tuesday, citing two unidentified Japanese intelligence sources.
Britain’s Big Ben to fall silent for four years
LONDON -- Britain’s much-loved Big Ben will fall silent for four years from next week as conservation work is carried out on the famous...
Millions without power as cyclone Remal pounds Bangladesh and India
DHAKA/KOLKATA - Strong winds and heavy rain pounded the coastal regions of Bangladesh and India as severe cyclone Remal made landfall late on Sunday, leaving millions...
Kamala Harris concedes but vows to fight on
WASHINGTON — US Vice-President Kamala Harris vowed to keep fighting for the ideals that powered her presidential campaign on Wednesday in a concession speech...
Natural disasters cost China $13 bln in January-June
BEIJING - China suffered direct economic loss worth 93.16 billion yuan ($12.83 billion) in the first half of this year due to natural disasters, the government...