Biden and Xi prepare to meet ahead of Ukraine-overwhelmed G20 summit

NUSA DUA, Indonesia (Reuters) – Chinese leader Xi Jinping arrived on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S. President Joe Biden ahead of a set to be perilous summit of the Group of 20 nations. With tension due to the Russian invasion of Ukraine. The two leaders are expected … Read more

COVID public health emergency in the US to stay in place

Two Biden administration officials said Friday that the United States will maintain a public health emergency for the COVID-19 pandemic, allowing millions of Americans to get free tests, vaccines and treatments. One of the officials said the possibility of an increase in coronavirus cases in the winter and the need for more time to transition … Read more

Exclusive: Tesla considering exporting Chinese-made electric cars to US sources

SHANGHAI, November 11 (Reuters) – TESLA (TSLA.O) Two people familiar with the planning are considering exporting electric cars made in China to the United States, a reversal that would reflect the automaker’s deep cost advantage at its Shanghai plant and sluggish demand from Chinese consumers. Tesla is studying whether parts made by its suppliers in … Read more

Britain froze Russian assets worth 18 billion pounds

Russia bypasses Libya and Iran as prime target of UK sanctions The UK says sanctions are hurting Russia’s military Russia uses chips in kitchen utensils for cabinets The UK government has reported 236 sanctions violations LONDON (Reuters) – The British government said on Thursday it had frozen more than 18 billion pounds ($20.5 billion) in … Read more

Musk warns of Twitter bankruptcy as more CEOs resign

(Reuters) – Twitter’s new owner Elon Musk on Thursday raised the possibility of the social media platform’s bankruptcy, capping a chaotic day that included a warning from the US privacy regulator and the exit of the company’s trust and safety leader. In his first conference call with employees, the billionaire said he couldn’t rule out … Read more

Lola’s honeymoon ends with markets amid concerns over spending plan

BRASILIA (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva’s honeymoon with markets appeared to be over on Thursday, as investors grew impatient with his desire to boost social spending without setting long-term fiscal rules or naming top economic policymakers. Brazil’s currency and the Bovespa stock exchange benchmark (.BVSP) Both jumped last week after Lula … Read more

COP27: Polluters must pay for climate change, poor countries say to the rich

Island nations demand global carbon tax “While they win, the planet is burning” Fears grow over hunger striker imprisoned in Egypt SHARM EL-SHEIKH, Egypt (Reuters) – Leaders of poor countries criticized rich governments and oil companies for causing global warming, using their speeches on Tuesday at the COP27 climate summit in Egypt to demand that … Read more

China’s coronavirus epicenter moves to Guangzhou, more lockdowns loom

Southern manufacturing hub battles worst outbreak of COVID-19 Cases are doubling in Zhengzhou, the production base of Apple supplier Chinese stocks and currency slip on virus fears Today, Tuesday, official data showed a rise in cases of the new Corona virus in Guangzhou and other Chinese cities, as the global manufacturing center became the latest … Read more

Mastodon: What social network has been hailed as an alternative to Twitter?

BERLIN (Reuters) – With Twitter in disarray since it was taken over by the world’s richest person last week, Mastodon, a decentralized and open alternative from privacy-obsessed Germany, has seen an influx of new users. Tesla wrote on Twitter: “The bird is free.” (TSLA.O) Mongolian Elon Musk when he completed his $44 billion acquisition of … Read more

Minister: Brazil’s Bolsonaro broke the silence and accepted defeat

BRASILIA/SAO PAULO (Reuters) – Brazil’s far-right President Jair Bolsonaro will not contest his electoral defeat and plans to address the nation later on Tuesday, Brazil’s Communications Minister Fabio Faria told Reuters, as advised by a growing number of political allies. him to abdicate. Some hardline Bolsonaro supporters have called for military intervention to keep Bolsonaro … Read more