Couple accused of covering up Russian oligarch’s ties to yacht

Couple accused of covering up Russian oligarch’s ties to yacht

WASHINGTON– Two businessmen have been charged with trying to conceal a sanctioned Russian oligarch’s ownership of a luxury yacht seized in Spain last year by the US government, the Justice Department said on Friday. An arrest warrant has been issued for Vladislav Osipov, a dual Russian and Swiss national who the Justice Department says was … Read more

German caution over Ukrainian weapons rooted in political culture

German caution over Ukrainian weapons rooted in political culture

BERLIN (AP) — Germany has become one of Ukraine’s main arms suppliers in the 11 months since the Russian invasion, but Chancellor Olaf Scholz has also earned a reputation for being reluctant to take each new step, generating impatience among the allies. Berlin’s perceived slowness, most recently on the Leopard 2 main battle tanks that … Read more

AP Interview: Envoy says Taiwan is learning from Ukraine war

AP Interview: Envoy says Taiwan is learning from Ukraine war

WASHINGTON (AP) — Taiwan has learned important lessons from Ukraine’s war that would help it deter an attack from China or defend itself in the event of an invasion, the self-governing island’s top envoy said on Friday. in the United States in an interview with the Associated Press. Among the lessons: Do more to prepare … Read more

New Zealand Education Minister Chris Hipkins is set to replace Jacinda Ardern as Prime Minister

New Zealand Education Minister Chris Hipkins is set to replace Jacinda Ardern as Prime Minister

CNN — Chris Hipkins, New Zealand’s education minister, is set to replace Jacinda Ardern as prime minister, following the shock announcement of her resignation earlier this week. Hipkins was the only candidate to be nominated for the leadership of the ruling Labor Party, the party said in a statement on Saturday morning. “The Labor Party … Read more

Protests move through Peru’s capital, greeted by tear gas and smoke

Protests move through Peru’s capital, greeted by tear gas and smoke

LIMA, Peru (AP) — Thousands of demonstrators demanding the ouster of President Dina Boluarte poured into the Peruvian capital, clashing with police who fired tear gas. Many came from remote areas, where dozens died in unrest who has gripped the country since the first Peruvian leader from a rural Andean background was dismissed from his … Read more

France says it differs with Washington on relations with Beijing

France says it differs with Washington on relations with Beijing

French Economy and Finance Minister Bruno Le Maire spoke at a CNBC panel in Davos. Ludovic Marine | AFP | Getty Images DAVOS, Switzerland — The European Union disagrees with the United States when it comes to opposing China, the French finance minister told CNBC on Friday. Speaking during a panel at the World Economic … Read more

In retrospect, monetary policy everywhere has been too expansionary: the head of the Swiss central bank

In retrospect, monetary policy everywhere has been too expansionary: the head of the Swiss central bank

“We probably all underestimated the inflationary pressure in 2021,” Jordan told CNBC. Bloomberg/Contributor/Getty Images Monetary policy was “too expansionary” in previous years and the current surge in consumer prices has yet to be brought under control, Swiss National Bank President Thomas Jordan said on Friday. “Probably in hindsight, monetary policy everywhere was a bit too … Read more

China’s reopening is ‘good news’ for growth – but could be inflationary, economists in Davos warn

China’s reopening is ‘good news’ for growth – but could be inflationary, economists in Davos warn

The reopening of China was one of the most discussed topics at the World Economic Forum in Davos. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — China’s economic reopening could boost global growth, but business leaders and policymakers at the World Economic Forum this week are also a bit worried about its potential inflationary … Read more

New Zealander Jacinda Ardern, an icon to many, quits

New Zealander Jacinda Ardern, an icon to many, quits

WELLINGTON, New Zealand (AP) — New Zealand Prime Minister Jacinda Ardern, who has become a global icon leftist and exemplifying a new style of leadership, said Thursday that she would step down. At only 37 years old when she became a leader, Ardern has been praised around the world for her handling of the country’s … Read more

The Peruvian Andes “descended” on the capital to demand the resignation of the chief

The Peruvian Andes “descended” on the capital to demand the resignation of the chief

LIMA, Peru (AP) — People flocked to Peru’s coastal capital, many from remote Andean regions, for a protest Thursday against President Dina Boluarte and in support of her predecessor, whose ouster last month sparked deadly unrest and plunged the nation into political chaos. There was a tense calm in the streets of Lima on Thursday … Read more