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Russia balks at US prisoner swap offer, views it as unequal

Bloomberg Moscow is leaning towards rejecting a prisoner swap unless it gets two Russians in return for the two Americans the US wants released, according to people familiar with the Kremlin’s thinking. The US has called on Russia to free WNBA player Brittney Griner and former US Marine Paul Whelan, offering to free convicted arms dealer Viktor Bout. Discussions have ...

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Pelosi expected to visit Taiwan, ramping up US-China tensions

Bloomberg US House Speaker Nancy Pelosi is expected to visit Taiwan on Tuesday, defying Chinese authorities who have warned of consequences if the trip takes place, the Liberty Times reported, citing people familiar with her plans. It would be a landmark move by a US official and raise the risk of a military confrontation given China views Taiwan as its ...

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New Zealand’s Ardern urges China to condemn Russia’s Ukraine war

Bloomberg New Zealand Prime Minister Jacinda Ardern urged China to condemn Russia’s invasion of Ukraine, saying Beijing has benefited from international rules and has a duty to uphold them. “As history shows us repeatedly, when large countries disregard sovereignty and territorial integrity with a sense of impunity, it does not bode well particularly for small countries like New Zealand,” Ardern ...

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Kosovo puts off action on restive Serbs as tensions escalate

Bloomberg Kosovo agreed to postpone a plan to make government-issued identification cards and car plates mandatory for all residents after members of its restive Serb minority blockaded roads in protest. Kosovo, which declared independence from Serbia in 2008, delayed the planned rule until September 1 rather than imposing it on Monday as originally planned. Nato’s peace-keeping mission in the former ...

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Junta chief: Myanmar will prioritise stability before holding elections

  Bloomberg Myanmar will prioritize restoring stability before holding elections, junta chief Min Aung Hlaing said a day after the military government extended the country’s state of emergency for another six months until February 1, 2023. The regime will prioritize improving the country’s public security system and restoring law and order to hold free and fair elections, Min Aung Hlaing ...

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China holds live-fire drills near Taiwan as Pelosi heads to Asia

Bloomberg China held live-fire military drills in the Taiwan Strait on Saturday as US House Speaker Nancy Pelosi prepared to arrive in Asia. The exercises took place off the coast of Fujian province opposite Taiwan. A warning issued by the local maritime safety agency said the drills would be conducted near Pingtan, a county about 130 kilometers (81 miles) from ...

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Ukraine’s first grain ship may depart on Monday, Turkey says

Bloomberg The first ship to export Ukrainian grain since an agreement was reached for the safe transit of vessels may depart as soon as Monday, President Recep Tayyip Erdogan’s spokesman Ibrahim Kalin said. “There are a few hitches, a few issues being discussed with the Russians,” Kalin said in an interview with Kanal 7 TV channel on Sunday, adding that ...

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Midterm election misery for Biden as key economy gauge flags 30-seat loss

Bloomberg Whatever else is on Americans’ minds — and that’s a long list right now — the state of the economy looms large in any US election. That spells big trouble for Democrats in November’s midterm vote. A new study by Bloomberg Economics takes one gauge with a knack of predicting ballot outcomes and projects it forward through election day. ...

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South Korea ruling party acting leader offers to quit

  Bloomberg The acting leader of South Korea’s ruling party offered to resign over in-fighting in the People Power Party, adding to the growing woes for new President, Yoon Suk Yeol, whose approval ratings have plunged to historic lows. “Our party is currently facing a grave crisis,” Kweon Seong-dong, the acting leader of the People Power Party, said in his ...

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Fidel Ramos, who helped end Marcos dictatorship, dies at 94

  Bloomberg Fidel Ramos, the former Philippine president who was head of the national police under Ferdinand Marcos before defecting and joining the “People Power” protests that ousted the dictator in 1986, has died. He was 94. Ramos’ family announced his passing in a statement on Sunday, without giving a cause of death. He died of complications from Covid-19, according ...

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