Crenshaw: Biden’s ‘incompetence’ made the world a lot more dangerous
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China’s tit-for-tat import taxes on some American goods came into effect on Monday, as the trade war between the world’s two biggest economies escalates and US President Donald Trump threatens to hit more countries with tariffs. Beijing announced the plan on 4 February, minutes after new US levies of 10% on all Chinese products came…
European Central Bank announces largest interest rate hike in bid to fight inflation
The European Central Bank (ECB) on Thursday announced a record rate hike in a bid to stifle record inflation across the euro area. The ECB’s three key interest rates were each raised by 75 basis points. “This major step frontloads the transition from the prevailing highly accommodative level of policy rates towards levels that will…
France, Germany, Spain agree on moving on with FCAS warplane development – Berlin
BERLIN/PARIS, Nov 18 (Reuters) – France, Germany and Spain have reached agreement on starting the next phase of development of a new fighter jet dubbed FCAS, Europe’s largest defence project at an estimated cost of more than 100 billion euros ($103.4 billion), Berlin said on Friday. Germany’s Defence Ministry said in a statement that an…
- Breaking News | News | Russia
Medvedev warns Trump’s new deadline to end Russia-Ukraine conflict is a ‘step towards war’
‘Each new ultimatum is a threat,’ Medvedev said Monday President Donald Trump’s new deadline for Russia to end the conflict with Ukraine is an additional “step towards war,” according to former Russian President Dmitry Medvedev. Medvedev, now the deputy chairman of the Security Council of Russia, cautioned that Trump’s announcement Monday that Russia must end…
Biden invokes executive privilege to shield Robert Hur interview tapes from House
Biden’s assertion of executive privilege came as two House committees planned to vote on contempt resolutions for Attorney General Merrick Garland, who refused to turn over the recording. WASHINGTON – President Joe Biden invoked executive privilege Thursday to keep the recording of his deposition about storing classified documents at his home confidential, as House Republicans…
Nikkei jumps after landslide victory for Takaichi’s ruling party
BANGKOK – Tokyo’s Nikkei 225 share index jumped as much as 5% to a record on Monday after Japanese Prime Minister Sanae Takaichi’s governing party secured a two-thirds supermajority in a parliamentary election. The Nikkei ended up 2,110.26 points from Friday to close at 56,363.94, having briefly topped 57,000 for the first time to set…
