Biden and Xi clash over Taiwan in Bali but Cold War fears are lukewarm

Biden and Xi met for 3 hours before the G-20 Both leaders stress the need to put relations back on track Indonesia seeks partnerships on global economy at G20 Ukrainian President Zelensky to address the G20 on Tuesday NUSA DUA, Indonesia, Nov. 14 (Reuters) – U.S. President Joe Biden and Chinese President Xi Jinping held … Read more

Britain froze Russian assets worth 18 billion pounds

Russia bypasses Libya and Iran as prime target of UK sanctions The UK says sanctions are hurting Russia’s military Russia uses chips in kitchen utensils for cabinets The UK government has reported 236 sanctions violations LONDON (Reuters) – The British government said on Thursday it had frozen more than 18 billion pounds ($20.5 billion) in … Read more

Last year’s deforestation pledge slowly started

São Paulo (Reuters) – A year after more than 140 countries pledged to halt all deforestation by 2030, little has been done to fund protection measures or pass new conservation laws, experts say. This pledge was widely praised at last year’s COP26 climate summit, especially after the signings by Brazil, Indonesia and Congo. The three … Read more

Booming Wall Street boosts global and European stocks; oil slices

WASHINGTON/LONDON (Reuters) – Global and European stocks rose on Friday as Wall Street extended gains on hopes that some central banks will slow down in raising interest rates. Commodity prices took a hit from the strength of the US dollar. Oil prices fell after China, the largest importer of crude, expanded its restrictions on the … Read more

Boris Johnson struggles to win support for British PM’s comeback bid, Sunak enters the race

Sunak has officially announced that he will run as a candidate The first poll will take place on Monday Johnson supporters say he can get the ballot It’s clear that Sunak tops the legislators LONDON (Reuters) – Boris Johnson was battling on Sunday to get enough support to make a surprise comeback for Britain’s prime … Read more

Liz Truss has resigned as Prime Minister of the United Kingdom after six weeks of chaos

Truss says she’s going next week Sunak and Mordaunt are seen as contenders for the top job Boris Johnson could be back Truss is the shortest serving British Prime Minister LONDON (Reuters) – Liz Truss resigned on Thursday after the shortest and most chaotic tenure of any British prime minister, after her economic program shattered … Read more

Analysis: World Cup could be a nightmare before Christmas for UK supermarkets

Food retailers are under severe pressure from cost inflation Usually the World Cup and Christmas give sales prizes Events coincide with the complexity of logistics and spending patterns LONDON (Reuters) – The Winter World Cup has added a new level of uncertainty to the Christmas trading outlook for British supermarkets: how to convince cash-strapped shoppers … Read more

As Britain’s Truss struggles to get a job, a new finance minister says she’s made mistakes

Truss fired his finance minister on Friday New Chancellor Hunt warns against making tough decisions Bank of England’s Bailey says he agrees with Hunt on the need to reform finances Some conservative lawmakers say Truss will be ousted LONDON (Reuters) – Britain’s new finance minister, Jeremy Hunt, said on Saturday that some taxes will rise … Read more

US aims to hamper China’s chip industry with sweeping new export rules

(Reuters) – The Biden administration on Friday published a comprehensive set of export controls, including a measure to isolate China from some semiconductor chips made anywhere in the world with U.S. equipment, dramatically expanding their reach in an effort to slow technology in Beijing. and military progress. The rules, some of which take effect immediately, … Read more

125 killed in a soccer stampede in Indonesia after police used tear gas at a stadium

More than 320 injured in a massive stampede The Indonesian Football Association suspends the league for investigation Police say they fired tear gas to control the crowd MALANG, Indonesia (Reuters) – 125 people were killed and more than 320 injured in a stampede at a soccer stadium in Indonesia after police used tear gas to … Read more