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Biden faces fresh showdown with Xi despite talk of summit

Bloomberg President Joe Biden and Xi Jinping ended their call Thursday with plans to hold their first face-to-face summit, but the US and China are unlikely to halt their bickering in the months before the two leaders finally meet. The world’s two largest economies risk a fresh showdown as US House Speaker Nancy Pelosi kicks off an Asian tour Friday ...

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US, Taliban discuss unlocking $3.5 billion in Afghan reserves

Bloomberg A US delegation met with senior Taliban officials in Uzbekistan to discuss efforts to unfreeze some $3.5 billion in central bank reserves as the humanitarian crisis in Afghanistan deteriorates. The US delegation told the militant group and technocrats there was a need to accelerate efforts to unlock the reserves and reiterated the funds should be used to benefit the ...

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Ukraine expects grain exports soon as Zelenskiy visits port

Bloomberg Ukraine said it’s close to restarting grain shipments, although the timing will depend on go-ahead from the United Nations, which helped broker last week’s deal, and there were still few details available about how the process will unfold. “Our side is fully ready,” Ukrainian President Volodymyr Zelenskiy said in the Odesa region, where he was watching grain being loaded ...

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