Bloomberg President Joe Biden says he expects to speak to Chinese leader Xi Jinping “within the next 10 days,” as the US considers whether lifting some tariffs on Chinese imports would help stem rampant inflation. Already-tense relations between the two largest economies have deteriorated over China’s refusal to condemn Russia’s invasion of Ukraine. “I think I’ll be talking to President ...

  Bloomberg The head of the US Central Intelligence Agency said Russia’s interest in buying drones from Iran for its war in Ukraine reveals the poor state of its military. “It’s true that the Russians are reaching out to the Iranians to try to acquire armed drones,” CIA Director William Burns said during a three-hour stop at the Rocky Mountain ...

Bloomberg Liz Truss has undergone a political reinvention to become the favorite to succeed Boris Johnson as leader of the Conservative party and UK Prime Minister. The Foreign Secretary campaigned for Britain to remain in the European Union before embracing Brexit with the zeal of a convert after the vote went the other way. And she’s gone from yelling slogans ...