Exclusive: The US and Russia have used their military hotline once so far during the war in Ukraine

WASHINGTON, Nov 28 (Reuters) – A communication line between the militaries of the United States and Russia at the start of Moscow’s war against Ukraine has so far been used only once, a US official told Reuters. The official, who spoke on condition of anonymity, said the United States has issued a call through the … Read more

The yuan is the new dollar as Russia rides to the redback

Russia turns to Chinese currency amid sanctions Moscow becomes No. 4 offshore yuan trading center Yuan’s share of Russian FX market jumps from 1% to 45% Russian central bank supports trend but warns of risks This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW/SHANGHAI, Nov 29 … Read more

Exclusive: South Korea’s Yoon Warns of Unprecedented Response to North Korea Nuclear Test, Calls on China to Do More

SEOUL, Nov 29 (Reuters) – South Korean President Yoon Suk-yeol warned of an unprecedented concerted response with allies if North Korea goes ahead with a nuclear test, and urged China to restrain the north from continuing the banned development of nuclear weapons and missiles. . In an extensive interview with Reuters on Monday, Yoon called … Read more

Analysis: China’s grand reopening may come too late for many businesses

SHANGHAI, Nov 22 (Reuters) – The culinary tourism business of Brian Bergey and his wife Ruixi Hu has held up in China during three years of severe COVID-19 restrictions. But just as excitement in global financial markets mounts that the world’s second-largest economy can finally emerge from its isolation next year, the two pack their … Read more

Younger Chinese reject factory jobs that drive the economy

SHENZHEN, Nov 21 (Reuters) – Growing up in a Chinese village, Julian Zhu saw his father only a few times a year when he returned for vacation from his exhausting job at a textile factory in southern Guangdong province. For his father’s generation, factory work was a lifeline out of rural poverty. For Zhu, and … Read more

France, Germany, Spain agree to continue development of FCAS combat aircraft – Berlin

BERLIN/PARIS, Nov 18 (Reuters) – France, Germany and Spain have agreed to start the next phase of development of a new fighter jet called FCAS, Europe’s largest defense project with an estimated cost of more than 100 billion euros ($103.4 billion). ), the German government said on Friday. The defense ministry said in a statement … Read more

First TVs, now tortillas: U.S. companies set floor prices to stop discounts

NEW YORK, Nov 17 (Reuters) – Manufacturers of everything from toys to tortillas are increasingly setting minimum prices on their goods to preserve profits and limit price cuts, while retailers such as Walmart Inc (WMT.N) and Amazon.com Inc (AMZN.O) ) try to grab online turnover from each other. As a result, customers are getting fewer … Read more

They call it ‘The Hole’: Ukrainians describe the horrors of the occupation of Kherson

Residents describe detention, torture and death in Kherson The nine-month occupation ended on Friday when the Russians withdrew Among the detainees were suspected resistance fighters Russia denies abuse of detainees UN officials say both sides have abused prisoners of war KHERSON, Ukraine, Nov 16 (Reuters) – Residents of the southern Ukraine city of Kherson call … Read more

Exclusive: Germany is ramping up contingency plans to deal with the blackout

FRANKFURT, Nov. 15 (Reuters) – German authorities are stepping up preparations for emergency supplies in the event of a power outage to keep the economy going, four people involved said, as the country braces for potential blackouts from the war in Ukraine. The plans include the Bundesbank, Germany’s central bank, hoarding extra billions to meet … Read more

Exclusive: Yellen warns of the need to lift the debt ceiling

NUSA DUA, Indonesia, Nov 12 (Reuters) – With the US Congress looming divided, Treasury Secretary Janet Yellen warned that lawmakers’ failure to raise the legal limit on US debt posed a “massive threat” to US creditworthiness and the functioning of US financial markets. Yellen told Reuters in an interview in New Delhi on Friday that … Read more