The Philippines gives the US greater access to bases amid concerns from China

The Philippines and the United States have agreed to add four sites under EDCA The agreement comes amid tensions in the South China Sea, over Taiwan EDCA allows the United States access to Philippine military bases MANILA (Reuters) – The Philippines has given the United States expanded access to its military bases, Philippine defense chiefs … Read more

Stocks of luxury goods in Europe have room to run up, but they get expensive

LONDON (Reuters) – Europe’s luxury companies, the region’s top stock market performers in 2023, may see more gains driven by a rebound in Chinese spending, but for some the sector is starting to look too expensive. The likes of French luxury giant, Louis Vuitton owner LVMH, and Swiss jewelry company Richemont (CFR.S)They benefited from the … Read more

India’s Adani companies lose $65 billion in value | Business and economic news

Most Adani Group shares fell sharply on Monday as the Indian conglomerate’s rebuttal of US short-seller criticism failed to calm investors, deepening a market rout that has now led to $65 billion in losses in the group’s stock values. The Indian group led by Gautam Adani, Asia’s richest man, met with research firm Hindenburg and … Read more

Apparently Israel was behind a drone strike on an Iranian factory – US official

Drones target a factory near Isfahan, and there were no casualties Iran: “cowardly” attack will not slow down nuclear activity Israel refuses to comment DUBAI/WASHINGTON (Reuters) – A US official said on Sunday that Israel appeared to be behind a drone attack on a military factory in Iran. Iran claimed that it had intercepted drones … Read more

From China to Japan, a deadly cold is gripping East Asia. Experts say it’s the ‘new norm’

Hong Kong CNN – A deadly cold snap sweeping across East Asia has killed at least four people in Japan after sub-zero temperatures and heavy snow wreak havoc on travel over the Lunar New Year holiday, with climate experts warning such extreme weather events are becoming ” The new rule. Japanese officials said all those … Read more

Zelensky flags reshuffling after allegations of corruption

Zelensky says the upcoming changes in government and regions, corruption allegations are most salient in the war The former Minister of Economy praises the government’s response The head of the ruling party threatens the officials with imprisonment Kyiv (Reuters) – Ukrainian President Volodymyr Zelensky said on Monday imminent changes in the government, regions and security … Read more

Poland is seeking an alliance to send Leopard tanks to Ukraine

Poland says it plans to send Leopard tanks to Ukraine Germany hints at approval as the Allies apply pressure President Zelensky grapples with a corruption scandal Russia says the tank debate shows NATO’s division WARSAW/BRUSSELS Jan 23 (Reuters) – Poland said on Monday it will ask Germany for permission to send Leopard tanks to Ukraine … Read more

China’s video game makers are coming in cold as crackdowns ease

HONG KONG (Reuters) – China’s end to a massive crackdown on the video game market is expected to revive the battered industry this year, but remaining restrictions on some content and economic headwinds will limit the extent of the recovery. Severe restrictions imposed by Beijing in 2021 have laid waste to the once thriving industry, … Read more

Berlin sets a condition for the US to supply German-made tanks to Ukraine – Source

German Leopard tanks are the most suitable for Ukraine All eyes will be on Germany when the defense chiefs meet on Friday The United States will provide 125 million dollars to Ukraine to support energy systems A government minister among the dead in the Ukraine helicopter crash Kyiv/BERLIN (Reuters) – Germany will send German-made tanks … Read more

Davos 2023: Recession overshadows the opening of the World Economic Forum summit

DAVOS, Switzerland (Reuters) – The prospect of an imminent global recession cast a long shadow over Davos on Monday as participants packed into the opening annual meeting of the World Economic Forum about the potential cost to their economies and businesses. Two-thirds of the leading private and public sector economists surveyed by the World Economic … Read more