Saudi foreign ministry calls on Sudan factions to agree new ceasefire

CAIRO (Reuters) – Saudi Arabia’s foreign ministry and the United States called on Sudan’s warring factions to agree to a new ceasefire and make efforts to implement it effectively, the Saudi ministry and the U.S. said on Sunday. Saudi Arabia and the United States are keen to continue talks with the two Sudanese negotiating delegations,…

Read More

Germany to send two warships to Indo-Pacific in 2024 amid South China Sea tensions

BERLIN (Reuters) – Germany will send two warships to the Indo-Pacific in 2024, Defence Minister Boris Pistorius said on Sunday, amid rising tensions between China and Taiwan and over the disputed South China Sea. Speaking at the Shangri-La Dialogue in Singapore, Asia’s most important security conference, Pistorius said countries needed to stand up for the…

Read More

China seeks dialogue, says clash with US would be ‘unbearable disaster’

By Chen Lin and Kanupriya Kapoor SINGAPORE (Reuters) – Chinese Defence Minister Li Shangfu told Asia’s top security summit on Sunday that conflict with the United States would be an “unbearable disaster” but that his country sought dialogue over confrontation. Speaking at the Shangri-La Dialogue in Singapore, Li said the world was big enough for…

Read More

Goldman Sachs sees Turkish lira slip to 28.00 versus dollar in 12 months

LONDON (Reuters) – Goldman Sachs revised its Turkish lira forecast in the wake of President Tayyip Erdogan’t cabinet revamp, saying it now expected the currency to weaken to 28 to the dollar in 12 months compared with a previous prediction of 22. Erdogan signalled on Saturday his newly-elected government would return to more orthodox economic…

Read More