Politics
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 […]
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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 […]
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Blinken says U.S. is not seeking regime change; Russia may be trying to encircle troops in east Ukraine
Blinken: U.S. does not have a strategy of regime change in Russia US Secretary of State Antony Blinken speaks after viewing the “Burma’s Path To Genocide” exhibit at the United States Holocaust Memorial Museum in Washington, DC, March 21, 2022. Kevin Lamarque | AFP | Getty Images U.S. Secretary of State Antony Blinken says the U.S. has […]
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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 […]
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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. […]
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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 […]
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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 […]
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With Russian sanctions, small companies may be in for a big surprise
U.S. President Joe Biden speaks on developments in Ukraine and Russia, and announces sanctions against Russia, from the East Room of the White House February 22, 2022 in Washington, DC. Drew Angerer | Getty Images Over 400 multinational corporations have pulled out of Russia as a result of its invasion of Ukraine. It’s not only […]
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Uber wins 30-month London license, ending a lengthy battle with city regulators
Peter Summers | Getty Images LONDON — Uber has secured a 30-month license to continue operating in London, ending a protracted battle with city regulators over whether the ride-hailing app was “fit and proper.” “Uber has been granted a London private hire vehicle operator’s license for a period of two and a half years,” a […]
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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 […]
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