China blames U.S. for bilateral tensions, reaffirms support for Palestinians

China blames U.S. for bilateral tensions, reaffirms support for Palestinians

Chinese Foreign Minister Wang Yi in 2019. Mark Kauzlarich | Reuters BEIJING — China’s top diplomat slammed the U.S. for worsening bilateral tensions, while reiterating Beijing’s support for peaceful resolutions to the Middle East and Russia-Ukraine conflicts. “There is some progress in the China-U.S. bilateral relationship, but we have to point out that U.S. continues … Read more

Senate GOP boss Mitch McConnell endorses Trump for president

Senate GOP boss Mitch McConnell endorses Trump for president

President Donald Trump shakes hands with Senator Mitch McConnell (R-KY) at a Keep America Great Rally at the Rupp Arena in Lexington, Kentucky, November 4, 2019. Yuri Gripas | Reuters Senate Minority Leader Mitch McConnell endorsed Donald Trump for president Wednesday, putting aside years of hostilities between the two top Republicans. McConnell’s announcement cements Trump’s … Read more

Egypt hikes interest rates by 600 basis points, pound crumbles to record low

Egypt hikes interest rates by 600 basis points, pound crumbles to record low

Yousef Gamal El-Din | CNBC Egypt’s pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency. The steps were meant to facilitate an agreement with the International Monetary Fund, which is expected to confirm the extension of its current $3 billion … Read more

China’s PBOC governor says there’s room to cut banks’ RRR

China’s PBOC governor says there’s room to cut banks’ RRR

China’s central bank governor said there was room to further cut banks’ reserve requirements, and pledged to utilize monetary policy to prop up consumer prices. Bloomberg | Bloomberg | Getty Images BEIJING — China’s central bank governor said there was room to further cut banks’ reserve requirements, and pledged to utilize monetary policy to “mildly” … Read more

Russia can’t reach Moldova’ Transnistria easily, but can cause trouble

Russia can’t reach Moldova’ Transnistria easily, but can cause trouble

Vladimir Putin at a rally at Manezhnaya Square near the Kremlin on March 18, 2018. Mikhail Svetlov/Getty Images Moscow is continuing its saber rattling over the pro-Russian region of Transnistria in Moldova, and analysts are saying that while Russian authorities would find it hard to physically reach the breakaway region to annex it, there are … Read more

China says military spending growth in 2024 to stay the same as last year at 7.2%

China says military spending growth in 2024 to stay the same as last year at 7.2%

Missiles on the background of the Chinese flag Anton Petrus | Moment | Getty Images China is set to increase its defense spending by 7.2% in 2024, Reuters reported Tuesday, citing an official government work report released as part of the country’s annual parliamentary meetings in Beijing. This year’s military budget announcement comes against the … Read more

Meet the women fighting for democracy

Meet the women fighting for democracy

Yulia Navalnaya, wife of late Russian opposition leader Alexei Navalny, attends the Munich Security Conference (MSC), on the day it was announced that Alexei Navalny died by the prison service of the Yamalo-Nenets region where he had been serving his sentence, in Munich, southern Germany on February 16, 2024.  Kai Pfaffenbach | Afp | Getty … Read more

low turnout and boycott expected

low turnout and boycott expected

Iranian women cast their ballots at a polling station during elections to select members of parliament and a key clerical body, in Tehran on March 1, 2024. ATTA KENARE | AFP Iran holds its parliamentary elections on Friday, in the first vote for Iranians since a nationwide protest movement for women’s rights rocked the country … Read more

Ukraine’s losses on the battlefield raise more war risks for Russia

Ukraine’s losses on the battlefield raise more war risks for Russia

A Ukrainian serviceman belonging to infantry battalion of 42 Brigade is seen during a maintenance training, as Russia-Ukraine war continues at an undisclosed location in Donbas, Donetsk Oblast, Ukraine on February 27, 2024. Anadolu | Anadolu | Getty Images Early on in the war with Russia, Ukraine’s successes on the battlefield prompted warnings from defense … Read more

China making ‘concerted effort’ to dominate critical US port equipment

China making ‘concerted effort’ to dominate critical US port equipment

A top trade official at the Department of Homeland Security said in Capitol Hill testimony on Thursday that the Biden administration is concerned about the extent of Chinese manufacturing presence in critical U.S. port operations. During a House hearing that centered on cranes operating at the ports in the United States, 80% of which are … Read more