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Market discipline will prevail in the US

It is worth remembering that Trump’s early attacks on the Fed’s independence already backfired. US stocks sank, bond yields spiked, and Trump stopped threatening to fire Fed Chair Jerome Powell. COMMENT | NOURIEL ROUBINI | Since US President Donald Trump’s election last year, I have argued that at least some of his policies …

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Ukraine, Russia peace talks in Istanbul complex but positive

ISTANBUL | Xinhua |  The latest round of peace talks between Ukraine and Russia, held in Istanbul on Monday under Turkish mediation, concluded with what officials described as some positive developments, particularly on humanitarian matters. Turkish Foreign Ministry Spokesperson Oncu Keceli confirmed that the talks, held behind closed doors, “did …

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Round 2: Russia-Ukraine talks wrap up in Istanbul

ISTANBUL, TURKEY | TASS | The second round of direct talks between Russia and Ukraine has concluded in Istanbul. The previous meeting was held in Turkey on May 16. For the new round, Moscow and Kiev prepared memorandums outlining their approaches to resolving the conflict. The patries communicated in Russian, …

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Round 2: Russia, Ukraine to meet in Istanbul again

Istanbul, Turkey | TASS | Russia and Ukraine will hold a second round of direct talks in Istanbul today. The meeting is to start at 13:00 local time (same as Moscow time) in the Ciragan Palace. The new meeting was announced on May 28 by Russian Foreign Minister Sergey Lavrov. …

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China expands visa-free access to 5 Latin American countries

BEIJING, CHINA | Xinhua | China on Sunday began implementing a trial policy that unilaterally grants visa-free entry to citizens of Brazil, Argentina, Chile, Peru and Uruguay. It is the first time that China has extended such access to nations in Latin America and the Caribbean. Under the policy, which …

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Xi signs order on awarding military scientific research

BEIJING | Xinhua | Xi Jinping, chairman of the Central Military Commission, has signed an order to release the regulations on awarding military scientific research. The new document, which will take effect on July 1, aims to implement the strategy of strengthening the armed forces through science and technology and …

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At least 117 die in flooding in Nigeria

HARARE, Zimbabwe | TASS | The death toll from flooding in central Nigeria has climbed to 117, Reuters reported, citing Ibrahim Hussaini, head of Nigeria’s Niger State Emergency Management Agency. Torrential rains that hit Nigeria in late May have caused floods in the Mokwa area. According to preliminary data, 50 houses were submerged …

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