Feds take a break in rate climbing
The Federal Reserve has decided not to further increase interest rates. The American consortium of central banks has raised borrowing costs in eleven steps over the past year and a half to curb strong price increases. Now, the Fed is…
Jake Sullivan meets Wang Yi, expresses cautious optiminsm
The United States sees "limited" signs that China is willing to engage in military discussions. This was stated by White House advisor Jake Sullivan after a marathon meeting with Chinese Foreign Minister Wang Yi. The two leaders met for 12…
Remember when the US sanctioned Bahrain over crimes against human rights?
The United States has signed a security pact with Bahrain on Wednesday, pledging to protect the Gulf state against potential aggression. Washington has stated its intention to encourage other countries in the region to join this…
US-Vietnam ties aren’t meant to contain China – Biden
The United States and Vietnam are strengthening their diplomatic relations through a "strategic partnership," said U.S. President Joe Biden on Sunday in the Vietnamese capital, Hanoi. Biden was received by the Secretary-General of the…
It’s too late to ‘constrain’ China
The US government has officially launched an investigation into an advanced chip manufactured in China, which is used in the latest Huawei smartphone. The recent launch of this new smartphone by the Chinese company has sparked a debate in…
Philips settles personal injury claims over sleep apnea devices
Philips has reached a settlement with customers in the United States who have used defective sleep apnea devices. The company had already set aside €575 million earlier this year for these compensations. Hundreds of Americans have filed…
Antony Blinken adds another billion to the aid package
Ukraine is set to receive a new aid package worth over a billion dollars from the United States, as promised by U.S. Secretary of State Antony Blinken during his visit to the Ukrainian capital, Kyiv, as reported by Reuters. Blinken stated,…
Joe Biden disappointed that Xi may skip G20
President Joe Biden stated that he is disappointed that his Chinese counterpart Xi Jinping will not be attending the G20 summit next week in New Delhi. Biden conveyed this to various media outlets on Sunday. "I am disappointed, but I will…