Showing 71 - 80 of 597
Deal averting US default clears first hurdle
AFP, Published on 31/05/2023
» WASHINGTON: A deal to raise the US debt ceiling passed its first major test in Congress on Tuesday, surviving a crucial procedural vote amid a conservative backlash that resurrected the threat of the country's first-ever default.
Markets tumble as Republicans threaten US debt deal
AFP, Published on 31/05/2023
» HONG KONG: Asian markets sank on Wednesday on worries that hardline Republicans could vote down a crucial bill to hike the US borrowing limit and risk a catastrophic default that could hammer an already fragile global economy.
Difficult times bring Russia and Cuba closer together
AFP, Published on 26/05/2023
» HAVANA: For the first time since the breakup of the Soviet Union, Russia is taking an intense interest in Cuba as Moscow has become increasingly isolated over its invasion of Ukraine.
Stocks sink as US debt talks stall
AFP, Published on 24/05/2023
» LONDON: Asian and European stock markets slumped Wednesday as investors grew increasingly concerned about stalled US debt ceiling talks aimed at averting a painful default.
Sierra Leone leader urges end of Ukraine war
AFP, Published on 18/05/2023
» FREETOWN: Sierra Leone's president expressed hope in an AFP interview that a new African mediation mission would help end Russia's war in Ukraine which has hit the "poorest of the poor" around the world.
Erdogan ascendant as Turkey heads for historic runoff
AFP, Published on 15/05/2023
» ISTANBUL: Turkey on Monday woke up to the prospect of its first presidential runoff vote after conservative President Recep Tayyip Erdogan confounded pollsters and his secular rival to win the first round of the country's pivotal election.
Erdogan vs Kilicdaroglu: Two visions of Turkey's future
AFP, Published on 15/05/2023
» ISTANBUL - One embraces chaos and glorifies Turkey's Islamic past. The other promises the badly divided country a slightly calmer and more prosperous future.
Biden admin warns of 'catastrophic' default as debt talks continue
AFP, Published on 15/05/2023
» WASHINGTON - President Joe Biden's administration again warned Sunday of "catastrophic" consequences for the US economy if the country defaults, as negotiations with Republicans over a debt deal are expected to resume in the week ahead.
EU wants to 're-calibrate' position on China
AFP, Published on 13/05/2023
» STOCKHOLM - EU foreign ministers agreed on Friday on the need to "recalibrate" Europe's position on China, reducing dependencies and coaxing Beijing to take a tougher stance on Russia's war in Ukraine, the bloc's foreign policy chief said.
World sport returns to China after years of Covid cancellations
AFP, Published on 12/05/2023
» SHANGHAI: China will next week host its first major international sports event since abandoning strict Covid-19 rules, heralding the return of elite competition to the country after more than three years.