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China’s Yi meets Taliban leaders in Kabul

  Bloomberg Chinese Foreign Minister Wang Yi arrived in Kabul unannounced and held talks with the Taliban’s Foreign Minister Amir Khan Muttaqi and others leaders, his first visit since the militant group seized power last year. “Important issues” related to joint efforts in alleviating the country’s humanitarian crisis and improving bilateral trade were on the agenda, the Taliban’s deputy spokesman ...

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Ramaphosa defends S Africa’s neutral stance on Russia’s war

Bloomberg President Cyril Ramaphosa defended South Africa’s neutral stance towards Russia’s war with Ukraine, saying it placed him in a stronger position to help mediate an end to the conflict. “Neutrality can cost and fortunately we’re not alone in all this, there are many others that have chosen the same path,” Ramaphosa said in an interview with Bloomberg Television on ...

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SNB tolerates franc strength, keeps up intervention threat

Bloomberg Switzerland’s central bank refrained from sounding the alarm about the exchange rate despite the first breach of parity with the euro since 2015, as it warned that the war in Ukraine could hurt economic growth. Reflecting a restrained reaction to gains in the currency since the Russian invasion of Ukraine, the Swiss National Bank (SNB) stuck with its description ...

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