NEW DELHI/LONDON (Reuters) – U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals with India – Russia’s top outlet for seaborne crude – have been settled in other currencies. … Read More
Rising yields on shorter-term Treasurys may signal correction in equity markets or recession Hawkish comments by Federal Reserve Chairman Jerome Powell about efforts to tame inflation have deepened the inversion of the bond yield curve for U.S. Treasury securities, which many … Read More
California’s governor says the state will no longer do business with Walgreens Boost Alliance WBA -3.70% after the drugstore chain said it would stop dispensing the mifepristone abortion pill in some Republican-led states. “California won’t be doing business with @walgreens—or any company that cowers … Read More
Germany was heavily reliant on China’s network equipment manufacturers for their 4G network and initial 5G networks. Now, Germany plans on banning China’s Huawei and ZTE from their newer and faster upcoming 5g networks. According to the German newspaper Zeit … Read More
Baghdad (AFP) – Pentagon chief Lloyd Austin said Tuesday he hoped to “strengthen and broaden” relations with Iraq, on a Baghdad visit ahead of the 20th anniversary of the US-led invasion that toppled Saddam Hussein. Defense Secretary Austin also told Iraqi … Read More
The two surviving Americans in a group of four violently abducted last week in Mexico returned to U.S. soil Tuesday, one of them with a leg wound not considered life-threatening. Mexican authorities said the two other members of the group traveling for … Read More
Protesters clashed with police in Atlanta at the site of a training centre which opponents say will fuel police militarisation and also uses valuable forest land. Hundreds of people atte After the clashes began, police locked down the area and … Read More
Manila, Mar 6 (EFE).- Philippines authorities fear that the oil spill from a tanker that sunk last week, and which has already reached several islands in the center of the archipelago, may reach the island of Boracay, the country’s most … Read More
Saudi Arabia agreed to deposit $5 billion into Turkey’s central bank through its Saudi Fund for Development, the fund said in a statement Monday. The decision is “a demonstration of the Kingdom of Saudi Arabia’s commitment to supporting Turkey’s efforts … Read More
SHANGHAI, March 6 (Reuters) – The United States is working to expand its restrictions on the export of chipmaking equipment to China by securing cooperation with the Netherlands and Japan, forcing Chinese chipmakers to turn to domestic suppliers such as those listed … Read More