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Shielded by Russia and China, Myanmar junta turn more brutal

Bloomberg When Myanmar carried out the death penalty for the first time in three decades by executing four activists in July, China and Russia stayed silent while the US and its allies condemned the junta. Now the regime is on the verge of doing it again. Seven university students were sentenced to death last month by a secretive military court ...

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Venezuela oppn ends Guaido’s leadership in vote

  Bloomberg Venezuela’s opposition put an end to Juan Guaido’s interim government, voting against renewing his US-backed strategy that failed to oust President Nicolas Maduro over the course of almost four years. A proposal to eliminate the parallel government passed a second and final round of voting in the opposition-led National Assembly. Starting from January 5, the National Assembly is ...

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China’s Communist Party names Yi to lead foreign policy

  Bloomberg China’s ruling Communist Party has named Wang Yi to direct the nation’s foreign policy after he was promoted to the 24-member Politburo following last year’s twice-a-decade party congress. The foreign ministry’s website posted a report by Wang as the director of the general office of the Central Foreign Affairs Commission. His previous position as foreign minister was recently ...

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UK’s problems won’t go away in ’23: Sunak

Bloomberg UK Prime Minister Rishi Sunak told Britons that the problems bedeviling the country won’t disappear in 2023, a warning that prompted the Labour Party to accuse the government of wrecking the economy. In his first New Year’s address as prime minister, Sunak struck a sombre tone, acknowledging that it had been a difficult year for the country. “I am ...

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Starbucks illegally fired union leader: US

Bloomberg US labour board prosecutors have concluded that Starbucks Corp illegally forced out a New York barista who has been a key architect of the union campaign that swept through hundreds of its cafes this year. The union leader, Jaz Brisack, resigned her Starbucks position in September, alleging that the company had pushed her out by changing its scheduling policies ...

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Extinction Rebellion UK to stop protests that disrupt public

  Bloomberg The UK arm of environmental activist group Extinction Rebellion said it plans to step away from attention-grabbing tactics that have caused widespread public disruptions and instead focus on building broader support to help combat rising carbon emissions. “As we ring in the new year, we make a controversial resolution to temporarily shift away from public disruption as a ...

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2023 will be the year of electric SUV

Bloomberg In the evolution of the electric vehicle (EV), 2022 will be remembered for its megafauna: Massive electric trucks finally roamed the land, with equally outsized prices. Next year, however, should bring some subspecies — a diaspora of SUVs, including some slightly smaller options and, rarer still, a precious few with more modest window stickers. If you are in the ...

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Huawei declaring ‘business as usual’ after weathering US curbs

Bloomberg Huawei Technologies Co. posted its third straight quarter of growth, declaring a return to normalcy after overcoming a plethora of US restrictions this year. The company’s sales rose 7.2% to $27.4 billion in the December quarter, according to Bloomberg’s calculations off annual figures, after carving out new income streams from areas such as smart cars and cloud services. 2022 ...

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