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
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
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
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
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
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
“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
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
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
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
