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India’s Prime Minister Narendra Modi (R) shakes hand with International Monetary Fund Managing Director Kristalina Georgieva ahead of the G20 Leaders’ Summit at the Bharat Mandapam in New Delhi on September 9, 2023. Evan Vucci | Afp | Getty Images NEW DELHI — The Biden-led rail-to-sea economic corridor linking India with Middle Eastern and European …
Continue reading “Biden-backed financial hall mustn’t exclude anybody”
U.S. Commerce Secretary Gina Raimondo arrives for a meeting with her Chinese counterpart Wang Wentao, at the Ministry of Commerce in Beijing, Monday, Aug. 28, 2023. Andy Wong | Pool | via Reuters U.S. Commerce Secretary Gina Raimondo met with Chinese officials in a high-stakes visit to Beijing and Shanghai this week, and she said …
Hurricane Idalia barreled in southern Georgia after hitting Florida’s Gulf Coast with life-threatening storm surges, leaving at least two people dead and hundreds of thousands without power. More than 280,000 people in Florida were without power as of early afternoon, according to PowerOutage.US. At least two people died in weather-related car crashes in Alachua and …
Continue reading “Hurricane Idalia slams into Florida, heads to Georgia”
A sign advertises COVID-19 (coronavirus) vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, August 14, 2023. Brian Snyder | Reuters The Centers for Disease Control and Prevention expects updated Covid vaccines from Pfizer, Moderna and Novavax to be available to the public in mid-September, an agency official told reporters Thursday. That amounts to the …
Continue reading “CDC expects new photographs to be accessible in mid September”
The Ukrainian counteroffensive that launched in June against Moscow’s invasion has run into a Russian wall. In the run-up to the Ukrainian push, weapons from Western allies — such as tanks, artillery and other equipment — poured into Ukraine. Despite some small gains, Ukrainian forces have yet to see a large breakthrough, leaving some to …
Republican presidential candidate and former U.S. President Donald Trump speaks as he campaigns at the Iowa State Fair in Des Moines, Iowa, U.S. August 12, 2023. Scott Morgan | Reuters Former President Donald Trump kicked off the week of his expected fourth indictment by railing against the judge overseeing the federal case charging him with …
Continue reading “Trump accuses Choose Tanya Chutkan of bias in federal election case”
Customers at a fresh food market in Shanghai, China, on Monday, Aug. 7, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China reported inflation data for July that pointed to a modest improvement from June. The consumer price index fell by 0.3% in July from a year ago, but was up by 0.2% when …
Continue reading “China shopper costs fall first time in 2 years, deflation fears develop”
Airbnb shares slid as much as 6% in extended trading on Thursday after the short-term home-rental company reported a smaller sum of nights and experience booked in the second quarter than analysts had projected. Here’s how the company did: Earnings: 98 cents per share, vs. 78 cents per share as expected by analysts, according to …
U.S. Secretary of State Antony Blinken (L) meets with State Councilor and Foreign Minister of China Qin Gang in Beijing, China on June 19, 2023. Foreign Ministry of China | Anadolu Agency | Getty Images BEIJING — The flurry over Qin Gang’s disappearance and removal from the position of foreign minister has little impact on …
Continue reading “What Qin Gang’s disappearance means for U.S.-China relations”
Volatility is still weighing on oil markets, US Energy Secretary Jennifer Granholm said on Saturday, reiterating calls for additional supplies. When asked to comment on the state of oil markets, she told CNBC’s Sri Jegarajah that “there is no doubt that there is a volatile environment” — a situation the White House is monitoring. “There …
Continue reading ““We wish oil costs to go down,” says the US Secretary of Power”
