Bloomberg An Italian centrist party quit its alliance with the Democrats, days after agreeing to join forces in a bid to prevent a right-wing landslide in September elections triggered by the fall of Prime Minister Mario Draghi’s government. The Azione party pulled out because “the pieces just didn’t fit together,†its leader, Carlo Calenda, said during an interview with national ...
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Russia invites nuclear monitors to visit shelled Ukrainian plant
Bloomberg Russia told diplomats it’s ready to welcome international monitors into Ukraine’s Zaporizhzhia nuclear power plant, whose safety is in doubt after coming under attack last week. International Atomic Energy Agency inspectors have said there’s a “very real risk of a nuclear disaster†at Europe’s biggest atomic power plant amid fighting in the area. The Zaporizhzhia site, with six ...
Read More »South Korea minister offers to quit in another hit for president
Bloomberg South Korea’s education minister offered to resign over a plan to reduce the school entry age a year to five, which ignited a backlash and dented already weak support for President Yoon Suk Yeol. Park Soon-ae, one of four women in Yoon’s 18-member cabinet, submitted her resignation Monday, saying she was stepping down after about a month on ...
Read More »Taiwan vows not to bow to pressure after China drills
Bloomberg Taiwan reiterated it won’t succumb to pressure from China after days of military drills in the air and seas surrounding the island, with hostilities set to continue even as world leaders urge an end to the strife. The People’s Liberation Army said it conducted exercises around Taiwan on Sunday, with drills focused on testing the capabilities of joint firepower ...
Read More »Nuclear-plant disaster in Ukraine is ‘real risk,’ IAEA says
Bloomberg Ukrainian officials said Russian forces shelled the area around Europe’s largest nuclear plant for a second day, hours after the head of the UN’s atomic safety agency warned of “potentially catastrophic consequences.†Russian shells landed near spent nuclear fuel stored at the Zaporizhzhia atomic power plant on Saturday evening, wounding one worker, according to Energoatom, the facility’s operator. “This ...
Read More »Ukraine’s grain corridors still need ships to ease food crisis
Bloomberg Ukraine’s first shipments of grain since being invaded by Russia are a harbinger of relief for squeezed global markets, but many challenges remain before the millions of tons of food stuck in the country can be released. Perhaps the biggest is the willingness of shipowners to send their vessels into harm’s way, as the waters are littered with ...
Read More »China relationship casualty of battle to lead Britain
Bloomberg The rivals to replace Prime Minister Boris Johnson are locked in a battle to take the toughest line on China, firmly drawing a line under the vaunted golden era for Sino-British ties. Liz Truss, the front-runner in the Conservative leadership race, has branded Chinese tech giants a security risk, called to arm Taiwan and, in private, labeled China’s ...
Read More »China announces sanctions on Nancy Pelosi over Taiwan trip
Bloomberg China announced sanctions on US House Speaker Nancy Pelosi over her landmark trip to Taiwan this week, making her the highest-ranking US official designated for penalties by Beijing. The Chinese Foreign Ministry announced the unspecified sanctions against Pelosi and her immediate family after the speaker departed from Japan late Friday. Earlier, Foreign Ministry spokeswoman Hua Chunying told a regular ...
Read More »India cracks down on opposition protests against rising prices
Bloomberg Police swarmed parts of central Delhi and detained some leaders of India’s main opposition Congress party as they took to the streets of the capital to protest against soaring prices and unemployment. Dressed in black to symbolize their anger, Congress lawmakers, including former party chief Rahul Gandhi, were protesting near the parliament building Friday. His sister and Congress party ...
Read More »The US-led drive to isolate Russia and China is falling short
Bloomberg When Group of Seven leaders gathered in the Bavarian Alps in June, they pledged to stand with Ukraine for the long haul. Their Group of 20 counterparts are proving less supportive. Comprising nations that account for some 85% of global economic output, the G-20 is supposed to be more reflective of the world. Yet only half its number has ...
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