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Categories World News

US sanctions hit more than 120 targets supporting Russia’s invasion of Ukraine

Author April 13, 2023

WASHINGTON — The United States on Wednesday imposed sanctions on more than 120 targets to squeeze Russia for its war in Ukraine,

Categories World News

World Bank steering committee, Yellen urge more reforms at lender this year

Author April 13, 2023

WASHINGTON – The World Bank‘s steering committee and US Treasury Secretary Janet Yellen on Wednesday called for further reforms this year to expand the bank‘s ability to respond to climate change, pandemics and other crises

Categories World News

South Koreans fighting drug addiction find few rehab options

Author April 13, 2023

SEOUL – Every Saturday a group of young South Koreans gathers in Incheon just west of Seoul to talk about their battles with drug abuse, seeking sympathy and support

Categories World News

G7 finance leaders pledge financial stability, supply chain diversity

Author April 13, 2023

WASHINGTON – Group of Seven (G7) finance leaders pledged on Wednesday to take action to maintain the stability of the global financial system after recent banking turmoil and to give low-

Categories World News

Japan to channel 40% of IMF SDR allocation to needier countries, doubling pledge

Author April 13, 2023

WASHINGTON – Japan has pledged to double the percentage of International Monetary Fund Special Drawing Rights monetary reserves that it will reallocate to poorer countries to 40%, Japanese Finance Minister

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Categories World News

Federal Reserve’s Kashkari says recession possible, but high inflation would be worse for the labor market

Author April 12, 2023

MINNEAPOLIS Federal Reserve Bank President Neel Kashkari on Tuesday said the Fed’s interest-rate hikes and a possible pullback in lending after two

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Categories World News

Macron’s aim of EU unity on China undone by trip fallout

Author April 12, 2023

PARIS — French officials were in damage control mode on Tuesday as they tried to contain anger, division and confusion sparked by

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Categories World News

Australia tells exporters to diversify from top trade partner China

Author April 12, 2023

SYDNEY — Australia wants exporters to diversify markets and become less reliant on China, because it cannot separate economic and strategic relationships,

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Categories World News

China records world’s first human death from H3N8 bird flu — WHO

Author April 12, 2023

BEIJING — A Chinese woman has become the first person to die from a type of bird flu that is rare in

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Categories World News

IMF flashes financial risk warnings but urges continued inflation fight

Author April 12, 2023

WASHINGTON – The International Monetary Fund warned on Tuesday that lurking financial system vulnerabilities could erupt into a new crisis and slam

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