Bloomberg Russian President Vladimir Putin signaled that Europe will start getting gas again through a key pipeline, but warned that unless a spat over sanctioned parts is resolved, flows will be tightly curbed. Europe is on tenterhooks, waiting to see whether gas flows resume on Thursday when maintenance on the Nord Stream pipeline is set to end. Putin gave the ...
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African Union needs a permanent seat at G-20, ministers say
Bloomberg The African Union should have a permanent seat at the Group of 20 leading economies to give the continent more say as it struggles with the economic fallout from the war in Ukraine, according to three ministers from the region. Representation at the G-20 will bolster the continent’s engagement with the group at a time when soaring energy ...
Read More »China warns Taiwan visit by Pelosi to have ‘grave impact’
Bloomberg China vowed to take a “resolute and strong†response to any Taiwan visit by US House speaker Nancy Pelosi, setting the stage for a possible showdown over the reported landmark trip. Pelosi’s plan to lead a delegation to Taipei next month, which was reported by the Financial Times, would have a “grave impact†on US-China ties, Foreign Ministry spokesman ...
Read More »China denies report Xi invited European leaders to meeting
Bloomberg China flatly denied a report that President Xi Jinping had invited top European leaders to meet him in Beijing later this year, and was still awaiting their response, as tensions fray between Beijing and the bloc. “I don’t know what’s their source of information,†Chinese Foreign Ministry spokesman Zhao Lijian said Tuesday, referencing the South China Morning Post report. ...
Read More »Race for UK leadership tightens as rivals vie for run-off spot
Bloomberg The battle to succeed Boris Johnson is heating up, with Penny Mordaunt, Liz Truss and Kemi Badenoch vying to join Rishi Sunak in the final run-off after a vote on Monday left the race for second wide open. Conservative Party MPs were expected to vote for a fourth time on Tuesday in the contest to elect Johnson’s successor as ...
Read More »Russia orders forces to strike Ukraine’s long-range weapons
Bloomberg Russian Defense Minister Sergei Shoigu ordered part of his forces to focus on destroying Ukraine’s long-range missile and artillery systems during a visit to troops in occupied territory. Shoigu “instructed the commander to prioritize the defeat of long-range rocket and artillery weapons of the enemy with high-precision weapons†during a meeting with the military’s Vostok group, the Russian Defense ...
Read More »Emergency curbs protests as Sri Lanka awaits new president
Bloomberg Sri Lanka will this week elect a new president, who would need the support of both lawmakers and protesters in order to pull the bankrupt country out of its worst economic crisis. Legislators in the 225-seat parliament will on Tuesday submit nominations for the post, left vacant after President Gotabaya Rajapaksa fled to Singapore and resigned. Voting is due ...
Read More »Pakistan’s Khan demands early polls after by-election win
Bloomberg Former Pakistan premier Imran Khan called for early national elections after his party swept the by-elections in the country’s most populous state, underscoring the risks the government faces as it seeks a bailout from the International Monetary Fund. Khan was ousted in April following a protracted political drama that saw Shehbaz Sharif take over as prime minister. Since ...
Read More »Talk of socialism adds spice to abrasive UK leaders’ debate
Bloomberg Clear dividing lines over the economy emerged as the UK’s leadership race turned personal in the second of three debates to determine who will succeed Boris Johnson as prime minister. Front-runner and former Chancellor Rishi Sunak accused Foreign Secretary Liz Truss and former Defence Secretary Penny Mordaunt, his two closest rivals, of “socialism†as he attacked their plans to ...
Read More »Bulgarian party gets chance to form cabinet, avoid snap election
Bloomberg Bulgaria’s president will give the Socialist Party a mandate to form a new government in a last-ditch bid to avoid triggering the fourth election in less than two years. It’s the European Union member’s final chance to quickly quell a political crisis that ousted Prime Minister Kiril Petkov’s four-party coalition in a no-confidence motion last month. But the ...
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