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
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
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
Getty Images main sockets The headline inflation rate for December fell to 6.5% from 7.1% in November on an annual basis. While this information isn’t exactly worth celebrating, it is a sign that things are going in the right direction as it shows that higher prices are slowing the economy. Investors look at the CPI … Read more
DAVOS, Switzerland, Jan. 18 (Reuters) – Microsoft Corporation (MSFT.O) On Wednesday, it said it would cut 10,000 jobs and charge $1.2 billion in profits, as cloud computing customers reassess their spending and the company prepares for a possible recession. The layoffs, which were much larger than the cuts Microsoft made last year, add to the … Read more
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
BEIJING, China – OCTOBER 13: A self-driving robotic taxi drives along a road on October 13, 2020 in … [+] Beijing, China. Baidu launched trial operations of its Apollo Robotaxi in Beijing on Saturday, and passengers can hail a self-driving robotaxe through a mobile app. (Photo by Jia Tianyong/China News Service via Getty Images) China … Read more
Interest rate expectations fell after inflation slowed in the US Asian stocks hit a 7-month high Japanese Treasury yields shatter the Bank of Japan’s ceiling as bets grow on a policy shift SINGAPORE/TOKYO (Reuters) – Asian stocks rose on Friday as investors rejoiced at slowing U.S. inflation, while the yen hit a seven-month high and … Read more
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
Jan 11 (Reuters) – U.S. clean energy companies are offering better wages and benefits, flying in trainers from abroad, and considering ideas such as buying roofers and electrical repair shops to hire only their own workers as the companies try to overcome a labor shortage that threatens to derail it. President Joe Biden’s Climate Change … Read more
