Houston, U.S. | Xinhua | Oil prices are falling. Now many experts expect the trend to continue over the next two years, with significant uncertainties ahead. PROJECTED FALLING PRICES The U.S. Energy Information Agency (EIA) forecast earlier this month that the average Brent crude oil price would decrease from 100.94 U.S. …
Read More »EU grants 500 mln euros more military aid to Ukraine
Brussels, Belgium | Xinhua | European Union (EU) military assistance to Ukraine will be topped up by a further 500 million euros (543 million U.S. dollars), foreign ministers agreed on Monday. Training for the country’s military worth 45 million euros has also been agreed, EU foreign chief Josep Borrell said. “This …
Read More »Turkish president threatens no backing for Sweden’s NATO bid after Quran burning
Ankara, Türkiye | Xinhua | Turkish President Recep Tayyip Erdogan on Monday warned Sweden that it should not expect Türkiye’s backing to join the NATO following the burning of the Quran outside the Turkish Embassy in Stockholm. “Those who allow such disgraceful acts in front of the Turkish Embassy in Stockholm can’t …
Read More »World Insights: Global economy facing “turning point” amid challenges
Davos, Switzerland | Xinhua | The global economy has regained steam after a difficult COVID-19 pandemic, but experts at the World Economic Forum (WEF) say a recovery is far from certain. Under the theme “Cooperation in a Fragmented World,” the WEF’s 2023 annual meeting concluded here on Friday. The gathering came …
Read More »Macron calls on France, Germany to become pioneers of Europe refoundation
Paris, France | Xinhua | France and Germany should together become “pioneers” in the refoundation of Europe, French President Emmanuel Macron said on Sunday in Paris during the celebration of the 60th anniversary of France-Germany reconciliation. Macron pointed out that the first task of the two countries, as pioneers, should be …
Read More »Infantino highlights economic impact of football
Davos, Switzerland, | Xinhua | FIFA President Gianni Infantino has highlighted the importance of football to the world economy. In an interview with Xinhua at the World Economic Forum Annual Meeting 2023, Infantino said he believed that it was very important to exchange ideas with leaders and business representatives from various …
Read More »American actor Alec Baldwin to be charged in fatal movie set shooting
Los Angeles, U.S. | Xinhua | American actor and producer Alec Baldwin will be charged for the 2021 fatal shooting of a crew member on the set of his new movie “Rust,” authorities said Thursday. The 64-year-old Hollywood veteran on Oct. 21, 2021 discharged a prop gun on the set of …
Read More »U.S. hits debt ceiling, Treasury Department takes “extraordinary measures”
Washington, U.S. | Xinhua | The United States hit its debt limit on Thursday, prompting the Treasury Department to take “extraordinary measures” to continue financing the federal government. Treasury Secretary Janet Yellen announced in a letter to House Speaker Kevin McCarthy that her department would put the temporary brakes on new …
Read More »Israel’s Attorney-General tells Netanyahu to fire convicted key ally
Jerusalem, Israel | Xinhua | Israel’s Attorney-General Gali Baharav-Miara has requested Prime Minister Benjamin Netanyahu to fire his key ally Aryeh Deri after the Supreme Court disqualified Deri from serving as a cabinet minister for his criminal conviction. The Israeli top court ruled on Wednesday that Aryeh Deri, the influential leader …
Read More »U.S. experimental HIV vaccine regimen safe but ineffective: study
Los Angeles, U.S. | Xinhua | A U.S. investigational HIV vaccine regimen was safe but did not provide protection against HIV acquisition, according to a release of the U.S. National Institute of Health (NIH) on Wednesday. The trial, called HPX3002/HVTN 706 or “Mosaico,” began in 2019 and involved 3,900 volunteers ages …
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