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☆ Russia says deeper U.S. hybrid war using Ukraine will end in Vietnam-style humiliation
▼ + stars: | 2024-04-21 | by ( ) www.cnbc.com time to read: +2 min

Russia said on Sunday that U.S. lawmakers' approval of $60.84 billion more in support for Ukraine showed that Washington was wading deeper into a hybrid war with Russia that would end in a humiliation on a par with Vietnam or Afghanistan. Russian Foreign Ministry Spokeswoman Maria Zakharova said that it was clear that the United States wanted Ukraine "to fight to the last Ukrainian" including with attacks on Russian sovereign territory and civilians. "Washington's deeper and deeper immersion in the hybrid war against Russia will turn into such a loud and humiliating fiasco for United States as Vietnam and Afghanistan," Zakharova said. She said that ordinary Ukrainians were being "forcibly driven to slaughter as 'cannon fodder'" but that the United States was now no longer betting on a Ukrainian victory against Russia. The leaders of the West and Ukraine have cast the war in Ukraine as an imperial-style land-grab which shows that post-Soviet Russia is one of the top two biggest nation-state threats to global stability, alongside China.

Persons: Vladimir Putin, Vladimir Putin's, Maria Zakharova, Zakharova, Putin Organizations: Sputnik, country's Labour, Social Protection, Ukraine, Cuban Missile, U.S . House, Russian Foreign Ministry, Russia, West Locations: Russian, Moscow, Russia, Washington, Vietnam, Afghanistan, Ukraine, U.S, Israel, Taiwan, United States, Ukrainian, Soviet Russia, China

A sign is seen at the arrivals passport control area of Terminal 5, at Heathrow Airport, London, Britain, March 23, 2023. High levels of legal migration have for more than a decade dominated Britain's political landscape, and will be a key battleground again in the vote which is expected next year. For the year ending December 2022, the ONS revised up the net migration figure to 745,000, a new record high and up 139,000 on its previous estimate. It also said the net migration number for the year ending June 2023 was 672,000, up from 607,000 a year earlier. "The government remains completely committed to reducing levels of legal migration," he said in a statement.

Persons: Toby Melville, Rishi Sunak, Sunak, James, Simon Clarke, Labour Party's, Yvette Cooper, Muvija M, Sarah Young, Kylie MacLellan, Alexandra Hudson Organizations: Heathrow Airport, REUTERS, ONS, EU, Labour, Alexandra Hudson Our, Thomson Locations: London, Britain, United Kingdom, Rwanda, Ukraine, Hong Kong

☆ Asian shares rise as S&P 500 records longest win streak in two years
▼ + stars: | 2023-11-09 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was flat, although up 4.6% so far this month. The dollar index , which tracks the greenback against a basket of currencies of other major trading partners, was down slightly at 105.52. On Wall Street, the S&P 500 (.SPX) rose 0.10% and the Nasdaq Composite (.IXIC) added 0.08%. The S&P 500 rose for the eighth consecutive day, extending its longest win streak in two years. In Asia on Thursday, U.S. crude and Brent crude both rose 0.8% following the weak performance in the U.S. session.

Persons: Kim Kyung, Ping, Brent, Gold, Scott Murdoch, Tom Hogue Organizations: Nikkei, REUTERS, Rights, CPI, ANZ, Reuters, Ping An Insurance Group, Garden Holdings, HK, Ping An, U.S, U.S . Federal, Nasdaq, Dow Jones, Federal Reserve, Thomson Locations: Tokyo, Japan, Asia, Pacific, U.S, U.S ., China

☆ Australia employment rebounds in Feb, jobless drops back to near 50-yr lows
▼ + stars: | 2023-03-16 | by ( Stella Qiu | ) www.reuters.com time to read: +2 min

SYDNEY, March 16 (Reuters) - Australia employment rebounded strongly in February after two months of declines, while the jobless rate fell back to near 50-year lows, suggesting the country's labour market remained tight amid a slew of interest rate hikes by the central bank. Figures from the Australian Bureau of Statistics (ABS) showed on Thursday that net employment rose 64,600 in February from January, when they fell a revised 10,900. The jobless rate dropped to 3.5%, from 3.7%, when analysts had looked for a dip to 3.6%, while hours worked jumped by 3.9% in another signal of resilience. Full-time employment soared by 74,900 jobs in February, compared with a drop of 43,300 the previous month. That prompted investors to price out any chance of another rate hike from the Reserve Bank of Australia.

New Zealand Prime Minister Jacinda Ardern will step down by next month because she no longer has "enough in the tank" to do the job justice, she said. ET Wednesday) she would not seek re-election and planned to resign no later than Feb. 7. If a new leader is selected, Ardern said she will resign soon after and a new prime minister will be sworn in. Prime Minister Jacinda Ardern speaks at Parliament in Wellington, New Zealand, on May 13, 2020. Her liberal Labour Party won reelection two years ago in a landslide of historic proportions, but recent polls have put her party behind its conservative rivals.

DAVOS, Switzerland/MANILA, Jan 18 (Reuters) - Philippines President Ferdinand Marcos Jr said his country would resist global recessionary headwinds, but warned that increasing tensions in the South China Sea were harming trade. "My belief is that as long as the unemployment rate stays low, we will be able to resist the recessionary forces," he said. He said the upskilling of his country's labour force was powering economic growth, including remittances from overseas workers. "The future of the region has to be decided by the region, not outside powers," he said. Marcos was in Davos, Switzerland this week for the World Economic Forum, accompanied by his economic team and several Philippine business executives.

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