Economy

Ahead of a tense G20 summit, Biden and Xi meet for talks

G20 summit in Bali

The two leaders are expected to discuss the same issues as Taiwan, Russia’s entry into Ukraine and North Korea’s nuclear ambitions at the G20, which begins Tuesday without Russian President Vladimir Putin in attendance. Foreign Minister Sergei Lavrov will represent the Russian president at the G20 summit – the first since Russia invaded Ukraine in February – after the Kremlin …

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“They can’t let the balance shrink.”

"They can't let the balance shrink."

The Federal Reserve continues to make headlines this year with its aggressive rate hikes. Another part of the strategy to deal with inflation is to shrink the balance sheet. They do this by, for example, buying new US government securities or selling debt securities. Less than $300 billion Since its peak, the Federal Reserve has yet to shrink its balance …

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West tries to militarize Southeast Asia – Wel.nl

West tries to militarize Southeast Asia - Wel.nl

PHNOM PENH (AP/RTR/AFP/DPA) – The West is trying to “militarize” Southeast Asia and curb the influence of Beijing and Moscow, according to Russian Foreign Minister Sergei Lavrov. Lavrov spoke to reporters in Cambodia on Sunday, attending a summit of the Association of Southeast Asian Nations (ASEAN). “The United States and NATO countries are trying to bring this region under control,” …

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[film] IDFA 2022 –

[film] IDFA 2022 -

Matter Out of Place is about how humanity deals with waste. In his 16th feature-length documentary Matter of place Austrian Grandmaster Nicolas Gerhalter sheds light on the thorny subject of waste in his characteristically observant way. Most of his films have an ecological subject and sometimes an anthropological approach. At the start of Matter Out of Place, waste experts in …

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Tesla considered bringing Chinese-made cars to the US

Tesla considered bringing Chinese-made cars to the US

Photo: ANP American automaker Tesla is considering exporting its Chinese-made cars to the US. sources told Reuters news agency. The group’s largest factory is located in Shanghai. So far, Tesla’s strategy has been to build the cars it sells in North America at factories in Fremont, California and Austin, Texas. Tesla CEO Elon Musk called the report “false” on Twitter. …

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Cuba accepts extradition flights from the United States as border crossings increase

FILE PHOTO: Cuban migrants expelled from U.S. and sent back to Mexico walk across border bridge in Ciudad Juarez

US Immigration and Customs Enforcement (ICE) has detained about a dozen Cubans who failed an initial screening for asylum at the border, officials said, speaking on condition of anonymity to discuss the diplomatic situation. The U.S. company is waiting until there are enough Cuban exiles to fill a plane before sending one to Havana, they said. A third source familiar …

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US freezes thousands of containers from China over forced labor concerns

US freezes thousands of containers from China over forced labor concerns

Thousands of solar panel parts have been stuck in US ports because US regulators fear the parts were forcibly manufactured in China’s Xinjiang region. That Reuters news agency writes Based on our own research. In December 2021 Signed by US President Joe Biden Called the ‘Uyghur Forced Labor Prevention Act’, it halts all products made in the Xinjiang region at …

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US approves sale of anti-aircraft missiles to Belgium | Abroad

US approves sale of anti-aircraft missiles to Belgium |  Abroad

The US State Department has approved the sale of 120 medium-range air-to-air missiles of the AIM-120C-8 AMRAAM type to Belgium for a total of USD 380 million (EUR 379 million). This was reported by the Pentagon’s agency in charge of exporting US military equipment. The DSCA (Defense Security Cooperation Agency) issued the necessary certificates and notified Congress on Tuesday of …

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