WORLD

London, UK | Xinhua | Kwasi Kwarteng, chancellor of the exchequer of the United Kingdom (UK), resigned on Friday after his mini-budget was blamed for causing economic turmoil. “You have asked me to stand aside as your Chancellor. I have accepted,” Kwarteng said in his resignation to Prime Minister Liz Truss …

Washington, U.S. | Xinhua | Former U.S. President Donald Trump has released a lengthy response to the Jan. 6 committee’s vote to subpoena him over the Capitol riot. “This memo is being written to express our anger, disappointment, and complaint,” Trump wrote in a letter to Democratic Congressman Bennie Thompson, chairman …

Washington, U.S. | Xinhua | The global economy is “dangerously close” to a recession, as inflation remains elevated, interest rates rise, and growing debt burden hits the developing world, World Bank President David Malpass said Thursday. “We’ve lowered our 2023 growth forecast from 3 percent to 1.9 percent for the global …

Moscow, Russia | Xinhua | Without the participation of Russian experts, Moscow won’t recognize any results of investigations into leaks on the Nord Stream pipelines, the Russian Foreign Ministry said Thursday. In a statement, the ministry said it had summoned envoys from Germany, Denmark and Sweden in recent days to express …

Madrid, Spain | Xinhua | FC Barcelona’s 3-3 draw at home to Inter Milan on Wednesday night leaves the debt-ridden club on the verge of an early exit from the Champions League for the second year in succession. The result, which came after a thrilling game, means Barca have to win …

New York, US | Rédaction Africanews & AFP  | The UN General Assembly on Wednesday condemned Russia’s “illegal annexations” of Ukrainian territory after Moscow vetoed a similar text in the Security Council in late September. Twenty-six African countries voted in favor of the resolution rejecting Moscow’s controversial referenda in four Ukrainian …

Moscow, Russia | Xinhua | Russia is ready to deliver additional volumes of natural gas to the European Union in the autumn-winter period, President Vladimir Putin said Wednesday. One of the two branches of the Nord Stream 2 pipeline has survived the recent leak incident and Russia is willing to send …

New York, U.S. | Xinhua | Oil prices fell on Wednesday after the Organization of the Petroleum Exporting Countries (OPEC) lowered its global oil demand growth estimates for both 2022 and 2023. The West Texas Intermediate for November delivery decreased 2.08 U.S. dollars, or 2.3 percent, to settle at 87.27 dollars …

Moscow, Russia | Xinhua | The Russian Federal Security Service (FSB) said on Wednesday that the Ukrainian military was responsible for a recent deadly explosion on the Crimean Bridge. “The organizer of the terrorist attack on the Crimean Bridge was the Main Intelligence Directorate of the Ukrainian Defense Ministry, its head …

UN seeks help for developing world hit by rising debt costs United Nations | Xinhua | Fifty-four developing economies accounting for more than half of the world’s poorest people need urgent debt relief as a result of “cascading global crises,” the UN Development Program said Tuesday. It warned of the risks …