Kampala, Uganda | XINHUA | European Parliament (EP) President David Sassoli on Monday urged the European Union (EU) leaders to reach an agreement on a post-coronavirus recovery plan, warning that the EP will not give its consent unless its conditions are met. “We are worried about a future where European solidarity …
Read More »UK made “a very bad decision” on Huawei, Chinese envoy says
Kampala, Uganda | XINHUA | Britain has made “a very bad decision” on the Chinese technology company Huawei, representing “a dark day for China-UK relations,” a senior Chinese diplomat has said. Liu Xiaoming, the Chinese ambassador to Britain, made the statement in an interview with BBC in response to the British …
Read More »News Analysis: As “Made in Italy” brand prepares for relaunch, agricultural exporters eye Chinese market
Kampala, Uganda | XINHUA | As Italy seeks to boost its agriculture sector and the “Made in Italy” brand as it relates to high-quality foodstuffs, analysts say the Chinese market will play an important role in the sector’s recovery. Earlier this month, government officials and private sector representatives held a special …
Read More »EU negotiation over massive recovery plan enters 3rd day with no major breakthrough
Kampala, Uganda | XINHUA | The European Union (EU) special summit which aims to decide on the next seven-year budget and a massive recovery fund dragged into the third day on Sunday with disputes over core issues still unresolved. But the heads of state and government of the EU member states, …
Read More »U.S. deaths top 140,000 amid rising worries about data integrity, racial disparities
Washington, US | XINHUA | The United States has reported 140,000-plus COVID-19 deaths and more than 3.71 million cases as of Sunday morning, both figures ranking first worldwide, as the global tally of cases has topped 14.3 million with a death toll above 602,000. Despite skyrocketing caseloads, U.S. President Donald …
Read More »U.S. equities post mixed weekly results amid coronavirus worries, earnings
New York, US | XINHUA | Wall Street’s major averages posted mixed results during the past week as investors digested a slew of earnings reports while weighing the impact of surging coronavirus infections. For the week ending Friday, the Dow gained 2.3 percent, the S&P 500 rose 1.3 percent, and …
Read More »World Bank chief urges G20 to extend debt suspension through 2021
Kampala, Uganda | XINHUA | World Bank Group President David Malpass on Saturday urged the Group of 20 (G20) countries to extend the time frame of the Debt Service Suspension Initiative through the end of 2021, calling it one of the key factors in strengthening global recovery. “I urge you …
Read More »EU summit extends into Sunday as leaders split over key recovery plan
Kampala, Uganda | XINHUA | A special summit grouping heads of state and government of the European Union (EU) member states on Saturday failed to reach consensus on its multiannual budget and an ambitious recovery plan designed to lift the bloc out of the crisis triggered by the coronavirus pandemic. …
Read More »Trump rejects national mask mandate, denies mask’s effectiveness in fighting COVID-19
Washington, US | XINHUA | U.S. President Donald Trump said Friday he won’t issue an order at the national level mandating the use of masks, even as the United States continued to break its single-day coronavirus case record amid a pandemic far from being contained, and whether to wear masks …
Read More »Five years after nukes deal, U.S. Iran policy at crossroads
Washington, US | XINHUA | This week marked five years since the signing of the Iran nuclear deal. Now, in the lead-up to November’s U.S. presidential elections, Washington’s Iran policy is at a crossroads. If U.S. President Donald Trump is re-elected, U.S. policy is likely to continue in the same …
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