By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed more than 1% on Tuesday after China said it will act to support economic growth in the world’s biggest oil importer and on expectations the U.S. Federal Reserve will stop raising interest rates soon and a forecast decline in U.S. output. Brent futures rose $1.13, or…
SEOUL (Reuters) – A U.S. national was probably detained after crossing into North Korea on Tuesday during a tour in the “peace village” of Panmunjom, with its cluster of distinctive bright blue buildings and history of defections, tension and murder. Known formally as the Joint Security Area (JSA), in the heavily fortified Demilitarized Zone (DMZ),…
BEIJING (Reuters) -The United States should exercise sound strategic judgment in dealing with China, China’s defence minister Li Shangfu said while meeting veteran U.S. diplomat Henry Kissinger in Beijing on Tuesday. China has been committed to building stable, predictable and constructive Sino-U.S. relations, and hopes the United States can work with it to promote the…
WASHINGTON (Reuters) – A U.S. soldier facing disciplinary action crossed into North Korea on Tuesday and was believed to be in North Korean custody, U.S. officials said, creating a fresh headache for Washington in its dealings with the nuclear-armed state. Here are some other Americans held in the past by North Korea. Most were sentenced…
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan must continue its monetary tightening cycle, the International Monetary Fund (IMF) said in a staff report on Tuesday, a week after the lender approved a new bailout arrangement and less than two weeks before the country’s central bank holds its next policy meeting. “The recent policy rate…
By Lisa Richwine LOS ANGELES (Reuters) – Major film and television studios offered Hollywood actors more than $1 billion in higher compensation and enhanced benefits before the SAG-AFTRA union called a strike last week, a group that represents media companies said on Monday. The Alliance of Motion Picture and Television Producers (AMPTP), which negotiates on…
WASHINGTON (Reuters) – The Biden administration is confident about reaching a strategic agreement with the Marshall Islands, the State Department’s senior official for East Asia and the Pacific told Congress on Tuesday. The Pacific nation’s foreign minister last week called for more U.S. money to deal with the legacy of massive U.S. nuclear testing to…
By Valerie Volcovici BEIJING (Reuters) -China and the United States could use climate cooperation to redefine their troubled relationship and lead the way in tackling global warming, U.S. climate envoy John Kerry told senior Chinese officials on Tuesday. Kerry’s three-day visit to China aimed at reviving climate cooperation between the world’s top greenhouse gas emitters…
By Jennifer Rigby LONDON (Reuters) – Efforts to vaccinate children worldwide against deadly diseases such as measles and diphtheria began to recover in 2022 after a historic backslide caused by the COVID-19 pandemic, according to new figures from the World Health Organization (WHO) and the United Nations Children’s Fund (UNICEF). But the recovery remains uneven,…
By Shivangi Acharya and Sarita Chaganti Singh GANDHINAGAR, India (Reuters) -Several G20 members condemned Russia’s move to quit an agreement that allowed safe export of grain from Ukraine, India’s finance minister said on Tuesday, as concerns rise in poorer countries over a rise in food prices following Moscow’s decision. Russia halted participation in the United…
