BEIJING (Reuters) – China’s President Xi Jinping on Tuesday called on Tibet to build a prosperous, harmonious and “new socialist Tibet” underpinned by unity and civility, days after Group of Seven (G7) nations expressed concern over human rights in the region. In rare comments on Tibet, Xi said the region should step up efforts to…
By Steve Scherer OTTAWA (Reuters) – The fortunes of Alberta’s politicians often go hand-in-hand with the Western Canadian province’s oil and gas sector, its biggest industry, and the question of who will be its greatest advocate is a major theme in the final week before Albertans pick their leader. Polls are split on whether Premier…
A look at the day ahead in U.S. and global markets from Mike Dolan Amid all the hand-wringing over the debt ceiling row and background banking anxiety, the U.S. economy is holding up well enough to embolden Federal Reserve hawks once again. Assumptions about first-quarter and full-year S&P500 aggregate earnings contractions are being revised away…
By David Shepardson WASHINGTON (Reuters) -TikTok Inc on Monday filed a lawsuit challenging the state of Montana’s new ban on use of the Chinese-owned app, the first state to bar the popular short-video sharing service. TikTok argues the ban, which would take effect on Jan. 1, violates First Amendment rights of the company and…
By Olena Harmash KYIV (Reuters) – An International Monetary Fund mission started work on Tuesday on the first review of a $15.6 billion loan program that it approved in March, the Ukrainian finance ministry said. The IMF’s four-year program for Ukraine is part of a $115-billion global package to support the country’s economy as it…
By Emma Farge GENEVA (Reuters) – The head of the World Health Organization urged countries on Monday to carry out reforms needed to prepare for the next pandemic, hailing their “historic” decision to accept a major budget hike at the U.N. agency’s annual assembly. Speaking at the assembly weeks after ending the global emergency status…
By David Morgan and Nandita Bose WASHINGTON (Reuters) -President Joe Biden and House Speaker Kevin McCarthy could not reach an agreement Monday on how to raise the U.S. government’s $31.4 trillion debt ceiling with just 10 days before a possible default that could sink the U.S. economy, but vowed to keep talking. The Democratic president…
By Gram Slattery WASHINGTON (Reuters) – Tim Scott, the only Black Republican in the U.S. Senate, formally kicked off his 2024 presidential campaign on Monday, betting his upbeat message will sell in a party in which many voters are still firmly behind former President Donald Trump. In a speech to supporters in his hometown of…
By Aram Roston and Joseph Tanfani BOCA RATON, Florida (Reuters) – Ukrainian-American businessman Lev Parnas and his business partner were arrested in 2019, accused by the U.S. government of funneling a Russian oligarch’s money into American political campaigns. One recipient of Parnas’ donations — Florida Governor Ron DeSantis — has said he was barely an…
By Alexandra Schwarz-Goerlich and John O’Donnell VIENNA/FRANKFURT (Reuters) – Raiffeisen Bank International (RBI) is stepping up moves to hand its money-spinning Russian arm to shareholders, three people familiar with the matter said, amid mounting pressure to cut its ties to Moscow. Austria’s second-largest bank is making preparations for a spin-off after months of unsuccessfully trying…
