Canada launches new Indo-Pacific strategy, focused on ‘disruptive’ China

OTTAWA (Reuters) – Canada on Sunday launched its long-awaited Indo-Pacific strategy, pledging more resources to deal with a “troubled” China as it works with the world’s second-biggest economy on climate change and trade issues. The 26-page document outlined spending of C$2.6 billion ($1.9 billion), including to strengthen Canada’s military presence and cyber security in the … Read more

More than 160 killed in the Indonesia earthquake, and the search for survivors continues

CIAANUR, Indonesia (Reuters) – A powerful earthquake killed more than 160 people in Indonesia’s West Java province on Monday, as rescuers searched for survivors trapped under rubble amid a series of aftershocks. The epicenter of the quake, which measured 5.6 on the Richter scale, was near the town of Cianjur in West Java, 75 km … Read more

Stocks and the pound oscillate with the UK dishes out budget porridge

European stocks fall after an early rally The dollar is regaining strength on the back of hawkish Fed talk Micron blues butterflies chip makers Oil and metals declined in commodity markets LONDON (Reuters) – Concerns about recession and interest rates roiled European markets on Thursday and sterling slipped as Britain sought to put its latest … Read more

Marine heat waves in the Mediterranean threaten coastal livelihoods

KIRKANAH ISLANDS, Tunisia, NOV 13 (Reuters) – (This story was corrected on November 13 to show that the sea temperature is 1.2°C higher than it was 30 years ago, not 0.4°C, in paragraph 18) A decade ago, the nets of Tunisian fisherman Ahmed Cheli were bloated with fish and octopus that he sold at the … Read more

Asian stocks mixed amid Fed warning, China hopes

https://tmsnrt.rs/2zpUAr4 Federal Reserve Chairman Waller underestimates the CPI as just a single number Beijing offers property support, COVID steps Biden will meet with Xi at the G20 meeting SYDNEY (Reuters) – Asian stock markets were mixed on Monday as a major US central bank warned investors to stay away from single-digit inflation, while Chinese stocks … Read more

COP27: Polluters must pay for climate change, poor countries say to the rich

Island nations demand global carbon tax “While they win, the planet is burning” Fears grow over hunger striker imprisoned in Egypt SHARM EL-SHEIKH, Egypt (Reuters) – Leaders of poor countries criticized rich governments and oil companies for causing global warming, using their speeches on Tuesday at the COP27 climate summit in Egypt to demand that … Read more

Venezuela’s Oil Partners Head to Exit, Ditching Unpaid Debt

CABIMAS, Venezuela, Oct 27 (Reuters) – Venezuela is allowing joint venture partners of state oil company PDVSA to leave — by selling or giving back their shares to others — as long as they default on past debts and unpaid profits, closing four people. He said for the matter. Having to take a loss or … Read more

Western officials finalize Russia’s plans to cap oil prices

WASHINGTON (Reuters) – US and Western officials are finalizing plans to put a cap on Russian oil prices amid a warning from the World Bank that any plan would need the active participation of emerging market economies to be effective. Officials said no price range has been set yet, but someone familiar with the process … Read more

Russia bombs houses near the southern front of Ukraine

Russian Minister: Ukraine may use a ‘dirty bomb’ A rocket hit an apartment building in Mykolaiv Ukrainian forces on the offensive in the Kherson region Kherson is a gateway to the Crimea, annexed by Russia Mykolaiv, Ukraine (October 23) (Reuters) – Under pressure in southern Ukraine, Russia fired missiles and drones at the Ukraine-controlled city … Read more

Putin summons Erdogan and plans to pump more Russian gas through Turkey

Putin presents the Turkish President with a new plan for the “gas axis” Moscow seeks new corridor after damage to Baltic pipelines Erdogan is seen as a major diplomatic player in the Russo-Ukrainian war ASTANA (Reuters) – Russian President Vladimir Putin suggested to his Turkish counterpart Recep Tayyip Erdogan on Thursday that Moscow could export … Read more