August 2, 2023

A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy of a surprise with an unexpected downgrade of the U.S. government’s credit rating, by one notch to AA+ from AAA, citing concerns over governance and U.S. debt. The U.S. government naturally delivered some sharp comebacks…

TAIPEI (Reuters) – Taiwan’s military vowed on Wednesday to step up counter-espionage efforts as authorities investigated several serving and former military officers suspected of spying for China. China, which is pressing the island to accept its sovereignty, has in recent years mounted a sustained espionage campaign to undermine democratically governed Taiwan’s military and civilian leadership,…