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Upbeat Xi Jinping says time on China’s side as turmoil grips US

Bloomberg President Xi Jinping issued an unusually upbeat assessment about China’s future, noting that “time and the situation” were on the country’s side in a new year marked by domestic turmoil in the US. The Chinese leader told a gathering of provincial and ministerial-level officials that he saw “opportunities in general outweighing challenges,” a marked shift from his sometimes dire-sounding ...

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US designates Cuba as state sponsor of terror

Bloomberg The Trump administration put Cuba back on the list of state sponsors of terrorism, reversing an Obama-era decision and making it harder for President-elect Joe Biden to quickly revive diplomatic ties with Havana. Secretary of State Michael Pompeo said he’s designating Cuba because the country continues to harbour American fugitives including Joanne Chesimard, convicted of killing a New Jersey ...

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Malaysia declares virus emergency, suspends parliament

Bloomberg Malaysia’s king declared a nationwide state of emergency for the first time in more than half a century, suspending parliament in a move that allows embattled Prime Minister Muhyiddin Yassin to avoid facing an election until the pandemic is over. The emergency decree gives Muhyiddin’s administration more power to tackle a surge in Covid-19 cases, including over the operations ...

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