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 …
Read More »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 …
Read More »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, …
Read More »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. …
Read More »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 …
Read More »Trump to announce new nominee to lead NASA, replacing Musk ally
WASHINGTON, the United States | Xinhua | The White House said on Saturday that U.S. President Donald Trump will soon announce a new nominee for the head of NASA, following his decision to withdraw former candidate Jared Isaacman, a close ally of Elon Musk. “After a thorough review of prior …
Read More »Paris win Champions League: Désiré Doué double helps secure record-breaking final win against Inter
Munich, Germany | THE INDEPENDENT | Paris Saint-Germain are the 24th different champions in European Cup history following a record-breaking 5-0 victory over Inter in the UEFA Champions League final in Munich. Inter had trailed for only 17 minutes of their 14-game campaign prior to the final, but it did …
Read More »Trump gives Elon Musk sendoff, praising him for ‘colossal change’
WASHINGTON | Xinhua | U.S. President Donald Trump bid farewell to Elon Musk in the Oval Office on Friday, after the billionaire announced his decision to step back from his role at the Department of Government Efficiency (DOGE). “I just want to say that Elon has worked tirelessly, helping lead …
Read More »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 …
Read More »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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