Frankfurt: Finance officials from the Group of Seven rich democracies said they had moved toward agreement on a US proposal to squeeze more money for Ukraine from Russian assets frozen in their countries. But the ministers left a final deal to be worked out ahead of a June summit of national leaders. “We are making … Read more
New York: China-based ByteDance Ltd. asked an appeals court to speed up its lawsuit challenging a US law that would force it to sell the TikTok video-sharing app or face a ban. “Prompt consideration of these cases is needed to avoid irreparable harm,” lawyers for ByteDance and TikTok said Friday in a filing in the … Read more
The United States doesn’t believe that Israeli actions in Gaza amount to “genocide” but wants Tel Aviv to do more to ensure the protection of innocent civilians, US National Security Advisor Jake Sullivan said on Monday (local time), as reported by CNN. “We believe Israel can and must do more to ensure the protection and … Read more
Washington: US President Joe Biden has called two of his QUAD partners – India and Japan – and two of his adversaries – Russia and China – “xenophobic” nations, asserting that none of these countries, unlike the United States, welcome immigrants. “This election is about freedom, America and democracy. That’s why I badly need you. … Read more
U.S. State Department spokesperson Matthew Miller on April 16, 2024. Photo: YouTube/@StateDept Quizzed about reported statements by Prime Minister Narendra Modi and Defence Minister Rajnath Singh on crossing borders to kill terrorists, the Biden administration said the U.S. would not involve itself on the matter but “encouraged India and Pakistan to avoid any escalation and … Read more
Washington: Strong economic activity in the United States and emerging markets is projected to help drive global growth by about 3% this year, the International Monetary Fund’s chief said Thursday, below the annual historic average and a warning sign about potential lackluster performances through the 2020s. “Without a course correction, we are indeed heading for … Read more
President Joe Biden threatened on Thursday to condition support for Israel‘s offensive in Gaza on it taking concrete steps to protect aid workers and civilians, seeking for the first time to leverage U.S. aid to influence Israeli military behavior. Biden’s warning, relayed in a call with Prime Minister Benjamin Netanyahu on Thursday, followed a deadly … Read more
When Elon Musk unveiled the first Chinese-made Teslas in Shanghai in 2020, he went off script and started dancing. Peeling off his jacket, he flung it across the stage in a partial striptease. Musk had reason to celebrate. A few years earlier, with Tesla on the brink of failure, he had bet on China, which … Read more
PENANG, Malaysia: Construction cranes still surround the brand-spanking-new plant in Kulim’s industrial park in Malaysia. But inside, legions of workers hired by Austrian tech giant AT&S are already gearing up to produce at full capacity by year’s end. Outfitted in head-to-toe coveralls, with oversized safety glasses and hard hats, they’re reminiscent of the worker bees … Read more
Coming out hard against US President Joe Biden over his State of Union address, his predecessor Donald Trump called his speech “terrible” and said that he suffers from “terminal case of Trump derangement syndrome,” Fox News reported. Reacting to Biden’s address, the former President told Fox News Digital, “He was angry, mentally disturbed, and misrepresenting … Read more