A man checks his phone while walking in Lujiazui financial district during sunset in Pudong, Shanghai, China July 13, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com BEIJING, March 21 (Reuters) - China will give nearly 1 trillion yuan ($157 billion) in tax rebates to domestic small firms to shore up economic stability, state media CCTV quoted a cabinet meeting as saying on Monday. China will also take targeted measures to boost market confidence and keep ...read more

Gas pipelines are pictured at the Atamanskaya compressor station, facility of Gazprom's Power Of Siberia project outside the far eastern town of Svobodny, in Amur region, Russia November 29, 2019. REUTERS/Maxim Shemetov. Register now for FREE unlimited access to Reuters.com New state support for fossil-free heat pump systems No more subsidies for gas-fired residential heaters France to stop import of Russian gas and oil by 2027 PARIS, March 16 (Reuters) - France will end gover ...read more

READER FAVORITE BASIC SUBSCRIPTION Special offer: Get unlimited access for €0.50 a week. €2.00 €0.50/week Billed as €8.00 €2.00 every 4 weeks for one year. You can cancel anytime. Offer Link No commitment required. Cancel anytime. Limited time offer. This is an offer for a Basic Digital Access Subscription. Your payment method will automatically be charged in advance every four weeks. You will be charged the introductory offer rate every four we ...read more

U.S. President Joe Biden holds virtual talks with Chinese President Xi Jinping from the Situation Room at the White House in Washington, U.S., March 18, 2022. The White House/Handout via REUTERS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. Register now for FREE unlimited access to Reuters.com WASHINGTON, March 30 (Reuters Breakingviews) - In many ways, it’s business as usual in Washington when it comes to Beijing. The two capitals have recently squabbled over Russia’s invasion of ...read more

Australia's Prime Minister Scott Morrison attends a meeting during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. REUTERS/Phil Noble/Pool Register now for FREE unlimited access to Reuters.com SYDNEY, April 8 (Reuters) - Australia is expected to trigger a national election in the coming days, with Prime Minister Scott Morrison seeking to clear thorny political issues as his three-year term nears its end. "It won't be very long from now," Morrison ...read more

March 25, 2022 - Now that Russia has invaded Ukraine and the United States and its allies have responded by imposing economic sanctions on Russia, cyberattacks against U.S. businesses may soon follow. In recognition of this threat, President Joe Biden, in a statement on March 21, 2022, cited “evolving intelligence” that “the Russian Government is exploring options for potential cyberattacks” and urged private sector businesses to “harden your cyber defenses immediately.” Statement b ...read more

AUCKLAND, New Zealand (Project Syndicate)— Russia’s invasion of Ukraine has shaken many long-held Western assumptions about the foundations of peace in Europe. Among other things, it has renewed policy makers’ focus on energy dependence as a key strategic issue. The United States recently announced an immediate ban on imports of Russian oil and gas, while the United Kingdom and the European Union pledged to curb them more gradually. The rationale is clear: punish Russia, reduce its l ...read more

A combination picture shows portraits of the two candidates running for the second round in the 2022 French presidential election, Marine Le Pen, leader of French far-right National Rally (Rassemblement National) party, and French President Emmanuel Macron, candidate for his re-election. Pictures taken February 5, 2022 (L) and April 2, 2022. REUTERS/Sarah Meyssonnier Register now for FREE unlimited access to Reuters.com PARIS, April 10 (Reuters) - The French will decide on April 24 whethe ...read more

The Biden White House is betting the U.S. economy is strong enough to withstand the threats to growth posed by inflation and the war in Ukraine By JOSH BOAK Associated Pres 8 April 2022, 04:32 • 5 min read WASHINGTON -- The U.S. economy faces plenty of threats: War in Ukraine, high grocery bills, spiking gasoline prices, splintered supply chains, the lingering pandemic and rising interest rates that slow growth. The Biden White House is betting the U.S. economy is stron ...read more

WASHINGTON/ISLAMABAD -- Pakistan Prime Minister Imran Khan faces a no-confidence vote in parliament on Saturday which he is widely expected to lose. If that happens, or he resigns before then, a new government would be formed most likely under opposition leader Shehbaz Sharif, but it was unclear how long it could last or whether elections expected to take place later this year would bring greater clarity. The nation of more than 220 million people lies between Afghanistan to the west, China t ...read more

The logo of Mexican airline Aeromexico is pictured on a sign at the Benito Juarez International airport in Mexico City, Mexico February 1, 2022. REUTERS/Luis Cortes Register now for FREE unlimited access to Reuters.com SAO PAULO, April 5 (Reuters) - Latin American bankers expect investors to overlook political worries in the region this year and keep investing in local companies, buoyed by strong commodities prices and a comfortable distance from geopolitical risks in eastern Europe ...read more

WASHINGTON/ISLAMABAD, April 8 (Reuters) - Pakistan Prime Minister Imran Khan faces a no-confidence vote in parliament on Saturday which he is widely expected to lose. read more If that happens, or he resigns before then, a new government would be formed most likely under opposition leader Shehbaz Sharif, but it was unclear how long it could last or whether elections expected to take place later this year would bring greater clarity. The nation of more than 220 million people lies between Afg ...read more

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His forces may be bogged down in Ukraine, but Vladimir Putin was handed a boost Sunday. Hungarian Prime Minister Viktor Orban—the Russian President’s closest friend inside the E.U. and NATO—is on track to win a fourth successive term, with more than 80% of votes counted. Vote counting began after polls closed at 7 p.m. local time with Orban, 58, set to win a strong majority of the total 199 parliamentary seats. “We’ve won a victory so big that you can see it from the moon, but you ...read more

Q1 was crappy as IPOs imploded, investment banking took a hit, mortgage activity fizzled, other stuff happened. By Wolf Richter for WOLF STREET. Of the big five banks and bank holding companies in the US by total assets – JP Morgan, Bank of America, Wells Fargo, Citigroup, and Goldman Sachs Group – four reported Q1 earnings so far, and BofA will do so next week. Those earnings reports were marked by a sharp decline in revenues and net income, with all kinds of complications in between. ...read more