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

Russia’s war on Ukraine latest news: US helps Ukraine restore electricity

Nov 29 (Reuters) – The United States will announce new aid on Tuesday to help Ukraine restore electricity as its population faces another week of brutal cold and darkness after Russian attacks on the power grid caused continued blackouts. DIPLOMACY * A line of communication between the United States military and Russia at the start … Read more

EU fails to reach agreement on Russian oil price cap, diplomats say

BRUSSELS, Nov 28 (Reuters) – European Union governments failed to agree on a price cap for Russian crude oil by sea on Monday, as Poland insisted the cap should be set lower than proposed by the G7 to boost Moscow’s ability to deliver its to finance invasion of Ukraine, diplomats said. “There is no deal. … 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

The global oil market is signaling near-term weakness ahead of the EU ban on Russian oil

NEW YORK, Nov 28 (Reuters) – The global oil market is signaling a potential shift as traders and analysts worry about reduced crude oil demand and oversupply in the market in the coming months. After months of strength, crude futures are flirting with lows not seen all year as China, the largest oil consumer, introduces … Read more

Canada launches new Indo-Pacific strategy, focus on ‘disruptive’ China

OTTAWA, Nov 27 (Reuters) – Canada launched its long-awaited Indo-Pacific strategy on Sunday, pledging more resources to tackle “disruptive” China as it works with the world’s second-largest economy on climate change and trade issues. The 26-page document outlined spending of C$2.6 billion ($1.9 billion), including to bolster Canada’s military presence and cybersecurity in the region … Read more

Snowy Kiev is struggling with power outages for fear of new attacks

Ukraine is rushing to repair infrastructure hit by Russia Winter starts with an energy shortage of about 20% Party boss says next week could be ‘very difficult’ KYIV, Nov 27 (Reuters) – Snow fell in Kyiv and temperatures hovered around freezing on Sunday, as millions in and around the Ukrainian capital struggled with power supply … Read more

Germany is in talks with allies over Polish insistence on sending Patriots to Ukraine

NATO says the decision on whether to deploy Patriots depends on a specific country Poland asked to send German launchers to Western Ukraine BERLIN/WARSAW, Nov 25 (Reuters) – Germany said on Friday it was discussing with allies Poland’s request to send German Patriot air defense units to Ukraine after the NATO chief suggested the military … Read more

Ukrainians suffer in cold, darkness as the president begs the UN to punish Russia

Most power restored to the capital after the worst power cuts to date US: Russia tries to freeze Ukraine into submission Kiev aims to restore nuclear power plants by the end of Thursday “We are an unbreakable people,” said President Zelensky KYIV, Nov 24 (Reuters) – Ukrainian President Volodymyr Zelenskiy demanded that the United Nations … Read more

Measles is now an imminent global threat due to a pandemic, the WHO and CDC say

Nov 23 (Reuters) – There is now an imminent threat of measles spreading in several regions worldwide as COVID-19 led to a steady decline in vaccination coverage and weakened surveillance of the disease, the World Health Organization (WHO) and the US public The health agency reports this on Wednesday. Measles is one of the most … Read more