World
Interest rates are rising and bond prices are falling. Here’s what investors can do to prepare
Rising yields and falling bond prices could shake up investors’ portfolios. Here’s how to rethink your asset allocation. Source
Read More
Xi’s gamble on Putin may be the most dangerous and short-sighted of his nine years in power
It becomes clearer every day that Chinese President Xi Jinping’s decision to double-down on his “no limits” strategic bromance with Russian President Vladimir Putin, just days before the Russian dictator launched his war in Ukraine, marks the most dangerous and short-sighted gamble of his nine years in power. If Europe’s bloodiest conflict since World War II […]
Read More
U.S. envoy not confident Iran nuclear deal is imminent
A picture taken on November 10, 2019, shows an Iranian flag in Iran’s Bushehr nuclear power plant, during an official ceremony to kick-start works on a second reactor at the facility. ATTA KENARE | AFP via Getty Images U.S. Special Envoy for Iran Robert Malley said on Sunday he was not confident that a nuclear […]
Read More
Britain will reveal crypto regulation plans in coming weeks, sources say
Britain’s Chancellor of the Exchequer Rishi Sunak leaves the 11 Downing Street, in London, on March 23, 2022. Daniel Leal | AFP | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar […]
Read More
Hoping to attract billions in Chinese investment, Taliban now preserve buddhas
An Afghan archaeologist looks at the remains of Buddha statues discovered inside an ancient monastery in Mes Aynak, in the eastern province of Logar on November 23, 2010. The archaeological dig is located at the world’s second-biggest unexploited copper mine. Shah Marai | AFP | Getty Images The ancient buddha statues sit in serene meditation […]
Read More
Biden says Putin ‘cannot remain in power’ in sweeping speech on Russian invasion of Ukraine
US President Joe Biden delivers a speech at the Royal Castle in Warsaw, Poland on March 26, 2022. Brendan Smialowski | AFP | Getty Images President Joe Biden on Saturday said Russian leader Vladimir Putin “cannot remain in power,” ratcheting up international pressure and further uniting NATO allies against Putin over his invasion of Ukraine. […]
Read More
China finds second black box of crashed China Eastern Airlines Boeing plane, state media says
Rescuers disinfect themselves near the site of the China Eastern Airlines Boeing 737-800 plane crash on March 26, 2022 in Tengxian County, Wuzhou City, Guangxi Zhuang Autonomous Region of China. Yu Jing | China News Service | Getty Images Recovery crews on Sunday found the second black box — the flight data recorder — from […]
Read More
President Joe Biden to propose new 20% minimum billionaire tax
US President Joe Biden addresses media representatives as he arrives for a European Union summit at EU Headquarters in Brussels on March 24, 2022. John Thys | AFP | Getty Images President Joe Biden is expected to propose a new minimum tax that would largely target billionaires when he unveils his 2023 budget, according to […]
Read More
Russian oligarchs are welcome in Turkey, foreign minister says
Turkish Foreign Minister Mevlut Cavusoglu said Saturday that he’d welcome sanctioned Russian oligarchs into his country as both tourists and investors, as long as any business dealings were kept within the realms of international law. Turkey has been in the spotlight this week with its coastal waters seeing the arrival of two multimillion-dollar superyachts, reportedly […]
Read More
TotalEnergies boss says he won’t work with Putin again — but refuses to write off Russian assets
The CEO of TotalEnergies on Saturday defended the company’s refusal to fully exit Russia, but said it would never do business with President Vladimir Putin again. Speaking to CNBC’s Hadley Gamble, Patrick Pouyanne, chairman and CEO of TotalEnergies, said he was not prepared to write off the company’s assets in Russia as it would effectively […]
Read More