WASHINGTON (Reuters) – A U.S. soldier has crossed the inter-Korean border into North Korea, two U.S. officials told Reuters on Tuesday, speaking on condition of anonymity. One of the officials said the soldier was believed to be in North Korean custody. The officials did not immediately offer further information. The United Nations Command that oversees…
By Andrew Osborn MOSCOW (Reuters) -Russia’s Defence Ministry said on Tuesday it had hit military targets in two Ukrainian port cities overnight as “a mass revenge strike” in response to an attack on the Crimean bridge the previous day which it blamed on Kyiv. The ministry said it had struck Odesa, where the Ukrainian navy…
GANDHINAGAR, India (Reuters) – Global economic activity is slowing, especially in the manufacturing sector, and medium-term growth prospects remain weak, the chief of the International Monetary Fund told financial leaders of the Group of 20 nations on Tuesday. IMF chief Kristalina Georgieva, speaking to G20 finance ministers and central bank governors in the western Indian…
By Nandita Bose WASHINGTON (Reuters) – Movie mogul Jeffrey Katzenberg, who is advising Joe Biden on his re-election campaign, says he sees opportunity in what many consider to be the U.S. President’s biggest vulnerability in the 2024 presidential race – his age. Biden, a Democrat who turned 80 in November, is already the oldest Oval…
By Panu Wongcha-um and Chayut Setboonsarng BANGKOK (Reuters) -Thailand’s prime ministerial hopeful said on Tuesday he was willing to adjust the pace of his Move Forward party’s ambitious reform drive if he becomes premier, but vowed no retreat from a plan to change a law that forbids insulting the monarchy. In an interview with Reuters…
By Aziz El Yaakoubi RIYADH (Reuters) -Saudi Arabia agreed on Tuesday to buy Turkish drones in the biggest defence contract in Turkey’s history as President Tayyip Erdogan reaped the benefits of his diplomatic push to repair ties with Gulf powers and help Ankara’s struggling economy. Erdogan and Saudi Crown Prince Mohammed bin Salman attended the…
By Aftab Ahmed and Shivangi Acharya GANDHINAGAR, India (Reuters) – Multilateral development banks must create a new funding mechanism and triple sustainable lending by 2030 to eliminate poverty and achieve climate goals, a G20 panel said in a report on Tuesday that called for big changes in the way MDBs operate. The independent panel, headed…
A look at the day ahead in U.S. and global markets from Mike Dolan The benign July investment environment gets tested on Tuesday by updates on U.S. retail sales and housing while the corporate earnings season kicks back into gear with another sweep of bank reports. Wall St ended in positive territory on Monday after…
MOSCOW (Reuters) -Road traffic was re-opened on one lane of the Crimean Bridge late on Monday following what Russia called a Ukrainian “terrorist attack” that damaged the structure, Russian Deputy Prime Minister Marat Khusnullin said. Khusnullin said the lane was being used for vehicles going from the town of Taman in southern Russia to Kerch…
By Hyonhee Shin and Josh Smith SEOUL (Reuters) -For the first time since the 1980s a U.S. nuclear-armed ballistic missile submarine (SSBN) visited South Korea on Tuesday, as the allies launched talks to coordinate their responses in the event of a nuclear war with North Korea. White House Indo-Pacific coordinator Kurt Campbell confirmed the rare…
