Politics

Taiwan plans to build new warships to counter China’s growing pressure

Bloomberg Taiwan’s navy plans to update its aging fleet of warships, a move intended to counter ramped up military pressure from China. Taiwan intends to build a new anti-submarine frigate and a similar vessel with anti-aircraft capabilities, officials from the Defense Ministry told lawmakers in Taipei on Wednesday, adding the vessels were expected to be ready by 2025 and 2026. ...

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Trudeau trails Tory leader as most trusted inflation fighter

Bloomberg Conservative Leader Pierre Poilievre is beating Prime Minster Justin Trudeau on Canada’s top economic issue, just over a month after taking the reins of the main opposition party. Polling by Nanos Research Group for Bloomberg News shows 30% of Canadians rank Poilievre as the leader most trusted to reduce inflation, compared with 22% for Trudeau and 10% for Jagmeet ...

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Suu Kyi jailed for 3 more years on corruption charges

Bloomberg A military-controlled court in Myanmar has sentenced ousted leader Aung San Suu Kyi to 3 more years in prison after she was found guilty of accepting bribes from a local businessman, according to a person familiar with the matter. The 77-year-old Nobel peace laureate was convicted of two corruption charges by the court in Naypyidaw on Wednesday. The court ...

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G-7 leaders pledge to support Ukraine ‘for as long as it takes’

Bloomberg Group of Seven leaders vowed to support Ukraine “for as long as it takes” and condemned Russia’s recent steps to escalate its war there “in the strongest possible terms.” During a 90-minute video call Tuesday with Ukrainian President Volodymyr Zelenskiy, G-7 leaders pledged their “undeterred and steadfast” commitment to helping the government in Kyiv “uphold its sovereignty and territorial ...

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China worried about situation in Ukraine after Russian missile strikes

Bloomberg China said it was worried about the worsening situation in Ukraine, after Russia struck civilian targets with missiles in retaliation for a attack on a key bridge. “We are concerned about the development of the current situation and call on relevant parties to resolve their differences through dialogue and consultation,” Foreign Ministry spokeswoman Mao Ning said Tuesday at a ...

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Scottish independence debate adds to Truss’s troubles

Bloomberg A renewed push for Scottish independence is about to force its way onto embattled UK Prime Minister Liz Truss’s agenda. The debate over a second referendum on Scotland breaking with the rest of the UK goes to the Supreme Court in London on Tuesday, where judges were to consider a request by the semi-autonomous government in Edinburgh whether it ...

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Mahathir says he will defend Langkawi seat in Malaysia elections

  Bloomberg Mahathir Mohamad, Malaysia’s 97-year-old former prime minister, said he will defend his Langkawi parliamentary seat in the upcoming general election. The country’s longest-serving leader, who was instrumental in unseating the ruling United Malays National Organisation in the historic 2018 election before losing power in 2020, said his party had yet to pick a candidate as premier. Still, he ...

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Putin threatens more missile attacks on Ukraine as cities hit

Bloomberg President Vladimir Putin threatened further missile attacks on Ukraine after Russia hit Kyiv and other cities in the most intense barrage of strikes since the first days of its invasion, marking a dangerous new escalation in the war. Monday’s bombardment came a day after Putin accused Ukrainian forces of carrying out an explosion that damaged a flagship road and ...

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Ukraine’s allies can’t get arms fast enough as stockpiles shrink

Bloomberg With Russia’s war in Ukraine in its eighth month, some European nations that have funneled weapons to Kyiv are running low, and it could take years for defense contractors to meet the shortfall. Nato states are urging companies to boost production to help them restock — to both resupply Ukraine and reinforce their own stores in a climate of ...

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Malaysia PM dissolves parliament, calls snap polls

Bloomberg Malaysian Prime Minister Ismail Sabri Yaakob announced the dissolution of parliament on Monday, paving the way for elections this year as his ruling party seeks to strengthen its position following a run of successful local polls. Ismail said he met with King Sultan Abdullah Sultan Ahmad Shah to gain approval for the dissolution, and the Election Commission would decide ...

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