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

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

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

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

Inflation in the United States is subsiding as consumer prices fall; The job market is still tight

Consumer prices fell 0.1% in December The Consumer Price Index increased by 6.5% year-on-year Core CPI rose 0.3%; 5.7% increase year-on-year Weekly jobless claims drop from 1,000 to 205,000 WASHINGTON (Reuters) – American consumer prices fell for the first time in more than two-and-a-half years in December amid lower gasoline and auto prices, giving hope … Read more

There is no sign of casualties after Russia announced its retaliatory attack on Ukrainian soldiers

There is no evidence of injuries at the strike site – witness Russia says it carried out a revenge attack on Ukraine It claims to have killed more than 600 Ukrainian soldiers A Ukrainian military official dismissed the claim as untrue KRAMATORSK, Ukraine (Reuters) – A Russian missile attack on the Ukrainian city of Kramatorsk … Read more

The US labor market is advancing, but wage growth is losing momentum

Nonfarm payrolls increased 223,000 in December Unemployment rate down to 3.5% from 3.6% high rates of domestic workers; High workforce earning average hourly earnings of 0.3%; An increase of 4.6% year-on-year WASHINGTON, Jan. 6 (Reuters) – The U.S. economy added jobs by a strong measure in December, pushing the unemployment rate back to a pre-pandemic … Read more

Brazil’s markets have improved despite mounting criticism of Lula’s plans

SAO PAULO (Reuters) – Brazilian financial markets rose on Wednesday even as criticism grew of President Luiz Inacio Lula da Silva’s economic policies, with analysts and a leading newspaper slamming ministers after markets plunged in the leftist’s first two days in office. Brazil’s real currency and stock market rose after Lula’s chief of staff, Rui … Read more