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☆ Biden to join U.S.-ASEAN summit Trump skipped after 2017
▼ + stars: | 2021-10-26 | by ( David Brunnstrom Ain Bandial | David Brunnstrom | ) www.reuters.com time to read: +4 min

U.S. President Joe Biden speaks to reporters before departing for Newark, New Jersey, from the Delaware Air National Guard Base, New Castle, Delaware, U.S., October 25, 2021. The United States has not met with the Association of Southeast Asian Nations at the presidential level since Biden's predecessor, Donald Trump, attended an ASEAN-U.S. meeting in Manila in 2017. A day after the ASEAN summit, Biden will participate in the broader East Asia Summit, which brings together ASEAN and other nations in the Indo-Pacific region, a senior U.S. administration official said. U.S. officials have, however, avoided specific mention of China in the run-up to the meetings as they work to set up a virtual summit between Biden and Chinese leader Xi Jinping later this year. While planning to provide a modest sum to promote trade with ASEAN, Biden has given no sign of any plan to return to a regional trade framework Trump withdrew from in 2017.

Persons: Joe Biden, Jonathan Ernst, BANDAR SERI BEGAWAN, Donald Trump, Biden, Xi Jinping, Edgard Kagan, Washington, Kagan, Min Aung Hlaing, David Brunnstrom, Simon Cameron, Moore Organizations: Delaware Air National Guard Base, REUTERS, WASHINGTON, Southeast, United, Association of Southeast Asian Nations, ASEAN, East Asia Summit, U.S, China, East Asia, White House National Security Council, Trump, Myanmar, Thomson Locations: Newark , New Jersey, New Castle , Delaware, U.S, BANDAR, Washington, China, United States, Manila, China . U.S, Brunei, India, Japan, Australia, ASEAN's, NATO, Asian, Southeast Asia, Myanmar

☆ Biden to attend ASEAN summit Trump skipped after 2017
▼ + stars: | 2021-10-26 | by ( ) www.cnbc.com time to read: +2 min

The U.S. embassy in Brunei told Reuters Biden will lead the U.S. delegation for the ASEAN-United States summit, part of a series of ASEAN leaders' meetings this week. The United States has not joined the meetings at the presidential level since Biden's predecessor, Donald Trump, attended an ASEAN-U.S. meeting in Manila in 2017. Analysts say Biden's meeting with the 10-nation bloc reflects his administration's efforts to engage allies and partners in a collective effort to push back against China. U.S. officials, however, have not made specific mention of China in the run-up to the meeting as they work to set up a virtual summit between Biden and Chinese leader Xi Jinping later this year. They expect Biden to focus on collaboration on Covid-19 vaccine distribution, climate, supply chains and infrastructure.

Persons: Antony Blinken, Retno Marsudi, Kena Betancur, Joe Biden, Reuters Biden, Biden, Donald Trump, Xi Jinping, Edgard Kagan, Washington Organizations: Indonesian Foreign, Foreign, ASEAN Nations, UN, Assembly, AFP, Getty, Association of Southeast Asian Nations, China, Reuters, U.S, ASEAN, East Asia, White House National Security Council Locations: New York, Washington, The U.S, Brunei, United States, Manila, China . U.S, China, U.S, India, Japan, Australia, ASEAN's, NATO

☆ U.S. National Security Advisor met representatives of Myanmar's shadow government
▼ + stars: | 2021-10-26 | by ( ) www.reuters.com time to read: +1 min

U.S. National Security Advisor Jake Sullivan waits for the start of a meeting of national security advisors at NATO headquarters in Brussels, Belgium October 7, 2021. Virginia Mayo/Pool via REUTERSOct 25 (Reuters) - U.S. National Security Advisor Jake Sullivan met on Monday with representatives of Myanmar's National Unity Government (NUG), set up by opponents of army rule, the White House said late on Monday. Sullivan expressed concern over the military's violence and said "the U.S. will continue to promote accountability for the coup", according to the White House. Protests and unrest have paralyzed Myanmar since the Feb. 1 coup, with the military accused of atrocities and excessive force against civilians. read moreRecognizing Myanmar's junta as the country's government would not stop growing violence, the outgoing United Nations special envoy on Myanmar said earlier on Monday.

Persons: Jake Sullivan, Virginia, Sullivan, Duwa Lashi, Zin Mar, Ko Jimmy, Kanishka Singh, Lincoln Organizations: National, NATO, REUTERS, . National, Myanmar's National Unity Government, United Nations, Thomson Locations: Brussels, Belgium, Virginia Mayo, Myanmar, U.S, United States, Bengaluru

☆ EMERGING MARKETS-Turkish lira at new low on Ankara-West tensions
▼ + stars: | 2021-10-25 | by ( Susan Mathew | ) www.reuters.com time to read: +3 min

* Turkish lira last at 9.72 versus dollar* Other EMFX rise against weaker dollar* EM stocks flatOct 25 (Reuters) - Turkey’s lira sank to new lows on Monday as tensions between Ankara and the West combined with unconventional monetary policy and rising inflation, while most other emerging market currencies firmed against weaker dollar. Lira volatility gauges jumped, dollar bonds fell, local 10-year yields moved closed to three-year highs hit last week, flirting with the 20% level. That also means: a monetary policy U-turn seems less likely now. A weaker dollar helped other EM currencies, with the Chinese yuan up almost 0.1%, while the South African rand gained 0.3%. For GRAPHIC on emerging market FX performance in 2021, see tmsnrt.rs/2egbfVh For GRAPHIC on MSCI emerging index performance in 2021, see tmsnrt.rs/2OusNdXFor TOP NEWS across emerging marketsFor CENTRAL EUROPE market report, seeFor TURKISH market report, seeFor RUSSIAN market report, see

Persons: Tayyip Erdogan, Osman, ”, Ulrich Leuchtmann, Halkbank, rouble Organizations: NATO, Ziraat Bank, Vakifbank, China, Group, CENTRAL Locations: Ankara, United States, Osman Kavala, Kavala, Lira, Europe, Middle East, Africa

☆ Turkish lira hits record lows after Erdogan threatens foreign diplomats with 'persona non grata' status
▼ + stars: | 2021-10-25 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Turkey's lira fell to a fresh record low on Monday after President Recep Tayyip Erdogan said he was pursuing the expulsion of ten foreign ambassadors. The lira, having already hit a record low the previous week after Turkey's central bank cut its key interest rate despite growing inflation, is in for more pain if Erdogan continues on this path, analysts warned. Turkish Foreign Minister Mevlut Cavusoglu, responsible for carrying out the order, has not yet commented on the matter. Erdogan's comments boosted fears of heightened tensions between the West and Turkey, hitting the already weak lira. "It goes without saying that the beleaguered Turkish Lira would fall under intense pressure, after setting various record lows over the past week," Teneo's Piccoli added.

Persons: Recep Tayyip Erdogan, Erdogan, Osman, It's, Teneo, Wolfango Piccoli, Piccoli, Mevlut Cavusoglu, Timothy Ash, Erdogan — Organizations: Observers, Turkish, Bluebay Asset Management, NATO Locations: London, Osman Kavala, Turkey, West, Ankara, Canada, France, Germany, Denmark, Norway, Sweden, Finland, New Zealand, Netherlands, Turkish

☆ Erdogan chairs Turkish cabinet to discuss expulsion of envoys
▼ + stars: | 2021-10-25 | by ( ) www.reuters.com time to read: +4 min

Turkish President Recep Tayyip Erdogan speaks during a joint news conference with Nigerian President Muhammadu Buhari in Abuja, Nigeria October 20, 2021. REUTERS/Afolabi SotundeANKARA, Oct 25 (Reuters) - Turkish President Tayyip Erdogan chaired a cabinet meeting on Monday to discuss expelling ambassadors from the United States and nine other allies, a move which would open Ankara's deepest diplomatic rift with the West during his 19 years in power. The order has not yet been implemented by the Foreign Ministry but could be formally approved at Monday's meeting. They were summoned by the foreign ministry last week. Several embassies including the United States, Canada, Netherlands and New Zealand said on Monday they abided by the diplomatic convention not to interfere in a host country's internal affairs.

Persons: Recep Tayyip Erdogan, Muhammadu Buhari, Tayyip Erdogan, Erdogan, Osman Kavala, Mustafa Sentop, Sabine Siebold, Dominic Evans, Timothy Organizations: REUTERS, West, Foreign Ministry, NATO, European Union, European Commission, EU, U.S ., Germany's, Ministry, Kavala, of Human, Timothy Heritage, Thomson Locations: Abuja, Nigeria, Afolabi, ANKARA, United States, Monday's, Turkey, Canada, Denmark, France, Germany, Netherlands, Norway, Sweden, Finland, New Zealand, Turkish, Tekirdag, Kavala, Ankara

☆ Russia summons German military attache over comments on nuclear deterrence - RIA
▼ + stars: | 2021-10-25 | by ( ) www.reuters.com time to read: +1 min

MOSCOW, Oct 25 (Reuters) - The Russian defence ministry on Monday handed a protest note to a German military attache due to the German defence minister's comments over the need to deter Russia's nuclear capabilities, RIA state news agency reported. The Russian defence ministry said it summoned the German diplomat and "drew attention to the comments by German Defence Minister Annegret Kramp-Karrenbauer on the nuclear deterrence of Russia, and a note was handed over," according to RIA. read more"This is the way of deterrence," German Defence Minister Annegret Kramp-Karrenbauer said of the plan last week. On Saturday, Russia Defence Minister Sergi Shoigu accused NATO of gradually gathering forces near Russia's borders and being unwilling to discuss European security with Moscow on equal terms. read moreReporting by Andrey Ostroukh; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

Persons: Annegret Kramp, Karrenbauer, Sergi Shoigu, Andrey Ostroukh, Mark Porter Organizations: German Defence, RIA, NATO, Defence, Russia Defence, Thomson Locations: MOSCOW, Russian, Russia, Moscow, Russia's

☆ Turkish President Steps Back From Expulsions of 10 Western Diplomats
▼ + stars: | 2021-10-25 | by ( Carlotta Gall | ) www.nytimes.com time to read: +1 min

ISTANBUL — President Recep Tayyip Erdogan of Turkey stepped back on Monday from a threat to expel 10 Western ambassadors, averting a diplomatic storm that analysts and diplomats were warning would bring economic disaster upon Turkey and a lasting rupture in the NATO alliance. In what seemed to be a calculated move, the 10 embassies involved issued identical statements confirming their compliance with the Vienna Convention on Diplomatic Relations, statements which were then welcomed by Mr. Erdogan. In a televised address after a cabinet meeting, he cast the incident as an obligation to protect Turkish sovereignty. “Our will is never to cause a crisis, but to protect the rights and law, honor, interests and sovereign rights of our country. Thus, today the same ambassadors with a new statement turned back from their accusations to our judiciary and to our country,” he said, adding: “I believe from now on they will be more careful about their statements regarding sovereign rights.”

Persons: Recep Tayyip Erdogan, Erdogan, ” Organizations: NATO, Vienna Convention, Diplomatic Locations: ISTANBUL, Turkey, Vienna

☆ Turkey and West climb down from brink of biggest diplomatic crisis
▼ + stars: | 2021-10-25 | by ( ) www.cnbc.com time to read: +5 min

Turkey's President Tayyip Erdogan holds a news conference during the NATO summit at the Alliance's headquarters in Brussels, Belgium June 14, 2021. Turkey and its Western allies climbed down from a full-blown diplomatic crisis on Monday after foreign embassies said that they abide by diplomatic conventions on non-interference, averting a threatened expulsion of 10 ambassadors. "With a new statement made by the same embassies today, a step back was taken from this slander against our country and our nation. I believe these ambassadors ... will be more careful in their statements regarding Turkey's sovereign rights." "The United States notes that it maintains compliance with Article 41 of the Vienna Convention on Diplomatic Relations," the U.S. Embassy said on Twitter.

Persons: Tayyip Erdogan, Erdogan, Osman, Aykan Erdemir, Ned Price, Biden, Ibrahim Kalin, Mevlut Cavusoglu, Mustafa Sentop Organizations: NATO, U.S, Osman Kavala, West, Vienna Convention, Diplomatic Relations, U.S . Embassy, Twitter, U.S . State Department, Turkish, U.S ., Kavala, of Human Locations: Brussels, Belgium, Turkey, Ankara, Germany, France, Canada, Netherlands, New Zealand, Norway, Sweden, Denmark, Finland, States, Vienna, U.S, Turkish

On Saturday, Erdogan said he had ordered the envoys be declared 'persona non grata' for seeking philanthropist Osman Kavala's release from prison. The lira hit a fresh all-time low in early Asian trade, weakening 1.6% to 9.75 per dollar in a move that bankers attributed to Erdogan's comments. Kemal Kilicdaroglu, leader of the main opposition CHP, said Erdogan was "rapidly dragging the country to a precipice". "Return at once to our real agenda and the fundamental problem of this country - the economic crisis." Erdogan said the envoys had failed to respect Turkey's judiciary and had no right to demand Kavala's release.

Persons: Erdogan, Tayyip Erdogan's, Osman Kavala's, Kemal Kilicdaroglu, Yavuz Agiralioglu, Sinan Ulgen, Emmanuel Macron's, Joe Biden, Emre Peker, Soner Cagaptay, Daren Butler, Dominic Evans, Giles Elgood Organizations: CHP, Twitter, Kavala, IYI, NATO, U.S, Washington ., International Monetary Fund, Eurasia Group, of Human, Washington Institute for Near East Policy, Thomson Locations: Turkey, Kavala, ISTANBUL, Erdogan's, Istanbul, Turkish, Ankara, Rome, London, Canada, Denmark, France, Germany, Netherlands, Norway, Sweden, Finland, New Zealand, United States

☆ Turkey’s Erdogan Threatens to Expel 10 Western Ambassadors, Including U.S. Envoy
▼ + stars: | 2021-10-24 | by ( Thomas Grove | ) www.wsj.com time to read: 1 min

Turkey’s President Recep Tayyip Erdogan threatened to expel the U.S. ambassador and the top envoys of nine other Western countries who called for the release of a jailed philanthropist, in a move that could further strain ties between the two NATO allies. “These 10 ambassadors must be declared personae non gratae at once,” Mr. Erdogan said at a rally on Saturday in the western Turkish city of Eskisehir. “I gave the necessary order to our foreign minister and said what must be done.”

Persons: Recep Tayyip Erdogan, Mr, Erdogan, ” Organizations: NATO Locations: U.S, Turkish, Eskisehir, “

On Saturday Erdogan said he ordered the envoys be declared 'persona non grata' for seeking philanthropist Osman Kavala's release from prison. read moreKemal Kilicdaroglu, leader of the main opposition CHP, said Erdogan was "rapidly dragging the country to a precipice". "The reason for these moves is not to protect national interests but to create artificial reasons for the ruining of the economy," he said on Twitter. Erdogan said the envoys were impudent and had no right to demand Kavala's release, stressing that the Turkish judiciary was independent. In 2018 Erdogan said Turkey would boycott U.S. electronic goods in a dispute with Washington.

Persons: Erdogan, Tayyip Erdogan's, Saturday Erdogan, Osman Kavala's, Kemal Kilicdaroglu, Yavuz Agiralioglu, Sinan Ulgen, Emmanuel Macron's, Joe Biden, Emre Peker, Soner Cagaptay, Daren Butler, Dominic Evans, Giles Elgood Organizations: CHP, Twitter, Kavala, IYI, Turkish, NATO, U.S, Washington ., Vienna Convention, Diplomatic Relations, International Monetary Fund, Eurasia Group, of Human, Washington Institute for Near East, Thomson Locations: Turkey, Kavala, ISTANBUL, Erdogan's, Istanbul, Turkish, Ankara, Rome, Vienna, London, Washington, Canada, Denmark, France, Germany, Netherlands, Norway, Sweden, Finland, New Zealand, United States

☆ NATO's flirtation with adding 2 more members runs the risk of starting a war the US can't afford to fight
▼ + stars: | 2021-10-24 | by ( Sascha Glaeser | Defense Priorities | ) www.businessinsider.com time to read: +6 min

Moving forward in the process of offering NATO membership to Ukraine or Georgia risks igniting a major NATO-Russia conflict. Should an attack follow Ukraine or Georgia's formal acceptance into the alliance, NATO's Article 5 would legally require the United States to militarily intervene. The United States established the Monroe Doctrine in the early 1800s, claiming that any intervention by European powers in the western hemisphere would be viewed as an act hostile to the United States. By the end of the 19th century, the United States had successfully driven out all other great powers and established itself as the regional hegemon of the New World. Such an effort would start by taking Ukrainian and Georgian NATO membership off the table.

Persons: Lloyd Austin, Defense Lloyd Austin, Irakli Gedenidze, Sergei Lavrov, Biden, Sascha Glaeser Organizations: NATO, Service, Defense, Bucharest NATO Summit, Russian, Armed Forces of, Anadolu Agency, Getty, United, United States, Soviet Union, Moscow, Georgian NATO, University of Wisconsin - Locations: Europe, Ukraine, Georgia, Russia, NATO, United States, Russian, South Ossetia, Tbilisi , Georgia, Bucharest, Moscow, Abkhazia, Crimea, Western, Donetsk, Armed Forces of Ukraine, Monroe, United, Soviet, Florida, Russia's, Kyiv, Tbilisi, China, University of Wisconsin - Madison

☆ Turkish defence minister warns against alliances that harm NATO
▼ + stars: | 2021-10-23 | by ( ) www.reuters.com time to read: +2 min

Turkey's Defence Minister Hulusi Akar attends a NATO defence ministers meeting at the Alliance headquarters in Brussels, Belgium February 13, 2020. REUTERS/Francois LenoirISTANBUL, Oct 23 (Reuters) - NATO-member Turkey's defence minister said the forming of alliances outside of NATO would harm the organisation, according to comments released on Saturday, after Greece and France agreed a defence pact last month. read more"Given that we are inside NATO, everyone should know that the search for various alliances outside of it will both cause harm to NATO and our bilateral relations, and shake confidence," Turkish Defence Minister Hulusi Akar told reporters after a NATO defence ministers in Brussels this week. "We had positive, constructive talks with the Greek defence minister. Separately, Akar said that "technical work has been launched" on obtaining Viper F16 jets from the United States as well as modernising warplanes that Turkey already has.

Persons: Hulusi Akar, Francois Lenoir, Kyriakos Mitsotakis, Akar, Tayyip Erdogan's, Washington, Erdogan, Daren Butler, Frances Kerry Organizations: Turkey's Defence, NATO, Alliance, REUTERS, Turkish Defence, Thomson Locations: Brussels, Belgium, Francois, Francois Lenoir ISTANBUL, Greece, France, Turkish, Turkey, United States, Ankara, Russia

☆ NATO not ready for equal dialogue with Moscow - Russian defence chief
▼ + stars: | 2021-10-23 | by ( ) www.reuters.com time to read: +2 min

Russian Defence Minister Sergei Shoigu attends the opening ceremony of the International military-technical forum "Army-2021" at Patriot Congress and Exhibition Centre in Moscow Region, Russia August 23, 2021. Sputnik/Ramil Sitdikov/Kremlin viaMOSCOW, Oct 23 (Reuters) - Russia's defence minister accused NATO on Saturday of gradually gathering forces near Russia's borders and being unwilling to discuss European security with Moscow on equal terms, Interfax news agency reported. Russia shut its diplomatic mission to NATO and the alliance's mission in Moscow this week after NATO expelled eight Russians accused of spying. "But it is NATO that is not ready for an equal dialogue on this issue," he said. "Moreover, the implementation of NATO's 'deterrence' plan in Afghanistan has ended up in a disaster, which the whole world is now dealing with."

Persons: Sergei Shoigu, Shoigu, Annegret, Polina Devitt, Timothy Organizations: Russian, International, Army, Patriot Congress, Exhibition Centre, Sputnik, NATO, Kremlin, Timothy Heritage, Thomson Locations: Moscow Region, Russia, Kremlin, MOSCOW, Russia's, Moscow, Germany, Europe, Afghanistan

☆ Turkey to banish 10 Western ambassadors, Erdogan says
▼ + stars: | 2021-10-23 | by ( ) www.cnbc.com time to read: +3 min

Turkish President Tayyip Erdogan said on Saturday he had ordered the foreign ministry to declare 10 ambassadors from Western countries 'persona non grata' for calling for the release of philanthropist Osman Kavala. You will sort it out immediately," Erdogan said in a speech in the city of Eskisehir in northwest Turkey. "They will know and understand Turkey. The day they do not know and understand Turkey, they will leave," he said to cheers from the crowd. Erdogan was cited on Thursday as saying the ambassadors in question would not release "bandits, murderers and terrorists" in their own countries.

Persons: Tayyip Erdogan, Osman, Erdogan, Demirtas Organizations: NATO, White House, . State Department, of Human, Kurdish Peoples ' Democratic Party, of Europe, Turkey, Kavala Locations: Brussels, Belgium, Osman Kavala, Kavala, Canada, Denmark, France, Germany, Netherlands, Norway, Sweden, Finland, New Zealand, United States, Eskisehir, Turkey, U.S

☆ NATO's new plan to counter Russia is its 'most comprehensive' one yet, says political consultancy
▼ + stars: | 2021-10-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNATO's new plan to counter Russia is its 'most comprehensive' one yet, says political consultancyFabrice Pothier of Rasmussen Global discusses NATO's new plan to contain Russian activities. He says Russia is likely to continue its "troubling" military exercises.

Persons: Fabrice Pothier Organizations: Rasmussen Locations: Russia

☆ Moscow says NATO's new Russia plan shows it was right to cut ties
▼ + stars: | 2021-10-22 | by ( ) www.reuters.com time to read: +1 min

Defence Ministers from the NATO Alliance attend a NATO Defence Ministers meeting in Brussels, Belgium, October 22, 2021. NATO defence ministers agreed a new master plan this week to defend against any potential Russian attack on multiple fronts, reaffirming the alliance's core goal of deterring Moscow despite a growing focus on China. read moreDays earlier, Russia cut relations by shutting its diplomatic mission to NATO and the alliance's mission in Moscow after NATO expelled eight Russians accused of spying. This alliance was not created for peace, it was conceived, designed and created for confrontation." Reporting by Dmitry Antonov Writing by Olzhas Auyezov; Editing by Mark TrevelyanOur Standards: The Thomson Reuters Trust Principles.

Persons: Pascal Rossignol, Dmitry Peskov, Dmitry Antonov, Olzhas Auyezov, Mark Trevelyan Organizations: NATO Alliance, NATO Defence, REUTERS, NATO, Thomson Locations: Brussels, Belgium, MOSCOW, Russia, Moscow, China

☆ 'Don't be afraid' of EU defence ambitions, France tells NATO
▼ + stars: | 2021-10-22 | by ( Robin Emmott | ) www.reuters.com time to read: +2 min

NATO logos are seen at the Alliance headquarters ahead of a NATO Defence Ministers meeting, in Brussels, Belgium, October 21, 2021. "When I hear some defensive statements on European defence and when I observe certain threats, including within this organisation, I say: 'don't be afraid! '," Parly told a session that included the EU's top diplomat Josep Borrell. Britain, no longer a member of the EU, also says the EU can play a supporting role to NATO. Eastern European states fearful of Russia are very wary of any shift in focus away from NATO.

Persons: Pascal Rossignol, French Armed Forces Minister Florence Parly, Parly, Josep Borrell, Ben Wallace, Jens Stoltenberg, Robin Emmott, Andrew Heavens Organizations: NATO, Alliance, NATO Defence, REUTERS, Pascal, Pascal Rossignol BRUSSELS, French Armed Forces Minister, French, Britain's, Reuters, European Union, Thomson Locations: Brussels, Belgium, United States, Britain, EU, Russia

☆ U.S. defense secretary promises NATO, Taiwan, EU broad support
▼ + stars: | 2021-10-22 | by ( ) www.reuters.com time to read: 1 min

U.S. Defence Secretary Lloyd Austin talks with Swedish Defence Minister Peter Hultqvist as they attend a NATO Defence Ministers meeting in Brussels, Belgium, October 22, 2021. REUTERS/Pascal Rossignol/PoolBRUSSELS, Oct 22 (Reuters) - U.S. Secretary of Defense Lloyd Austin on Friday offered the United States' "resolute" commitment to NATO and broad support both to Taiwan and the European Union. At NATO, Austin also said the United States wanted "predictability and stability" in its relationship with Russia. Reporting by Robin Emmott; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

Persons: Lloyd Austin, Peter Hultqvist, Pascal Rossignol, Defense Lloyd Austin, Austin, Robin Emmott, John Stonestreet Organizations: Defence, Swedish Defence, NATO Defence, REUTERS, Defense, NATO, European Union, Thomson Locations: Brussels, Belgium, BRUSSELS, United States, Taiwan, Russia

☆ Marketmind: Back to the blues
▼ + stars: | 2021-10-21 | by ( ) www.reuters.com time to read: +2 min

An exterior view of the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China, September 29, 2021. Evergrande shares suffered a double-digit tumble after it scrapped a deal to sell a stake in its property group, though it also secured an extension on a defaulted bond, according to media reports. Unilever (UNc.S) and Hermes (HRMS.PA) sales beat estimates, Truck maker Volvo [RIC:RIC:VOLVO.UL] profit beats forecast, but companies do flag lingering chip woes. Barclays (BARC.L) Q3 beats expectations on strong investment bank performance, while Anglo American (AAL.L) Q3 production inches higher. Policy makers are expected to deliver another interest rate cut despite stubbornly high inflation after President Tayyip Erdogan's midnight reshuffle of the monetary policy committee.

Persons: Aly, Karin Strohecker, Evergrande, Hermes, Tayyip Erdogan's, Mary Daly Organizations: China Evergrande Group, REUTERS, China Evergrande, HK, Unilever, Volvo, Barclays, Intel, NATO, San, Blackstone, Dow, Southwest, Alaska Air, Intel Whirlpool, Thomson Locations: China, Shenzhen, Guangdong province, Russia, Poland, Latvia, U.S, San Francisco, Turkey, Ukraine, American

☆ Biden's nominee for China ambassador takes tough line on dealings with Beijing
▼ + stars: | 2021-10-21 | by ( ) www.cnbc.com time to read: +4 min

Nicholas Burns, U.S. ambassador to China nominee for U.S. President Joe Biden, speaks during a Senate Foreign Relations Committee confirmation hearing in Washington, D.C., U.S., on Wednesday, Oct. 20, 2021. Sarah Silbiger | Bloomberg | Getty ImagesPresident Joe Biden's nominee to be U.S. ambassador to China, Nicholas Burns, took a tough line on dealings with China at his Senate confirmation hearing on Wednesday, saying "genocide in Xinjiang," abuses in Tibet, and bullying of Taiwan must stop. Some lawmakers, including some of Biden's fellow Democrats, have called for Washington to revisit the decades-old policy, which takes no position on Taiwan's sovereignty. "It is, I think, appropriate that Ambassador Burns was appointed to this position," said Senator Jim Risch, the committee's top Republican. And I think we ought not to exaggerate their strengths, or underestimate the strengths of the United States," Burns said.

Persons: Nicholas Burns, Joe Biden, Sarah Silbiger, Joe Biden's, Burns, Jim Risch Organizations: U.S, Foreign, Washington , D.C, Bloomberg, Getty, NATO, Senate Foreign Relations, Republican, European Union Locations: U.S, China, Washington ,, Xinjiang, Tibet, Taiwan, United States, Beijing, Washington, Europe, People's Republic of China, China's, Japan

☆ NATO to agree master plan to deter growing Russian threat, diplomats say
▼ + stars: | 2021-10-21 | by ( Robin Emmott | ) www.reuters.com time to read: +3 min

NATO Secretary General Jens Stoltenberg speaks during a news conference ahead of a meeting of NATO defence ministers at the alliance's headquarters in Brussels, Belgium October 20, 2021. Officials and diplomats say no such attack is imminent. Russia denies any war-like intentions and says it is NATO that risks destabilising Europe with such preparations. But U.S. officials, NATO diplomats and former officials say the "Concept for Deterrence and Defence in the Euro-Atlantic Area" - and its strategic implementation plan - is needed as Russia develops advanced weapon systems and deploys troops and equipment closer to allied borders. "The assumption up until now, has been that Russia is a nuisance, but it's not an imminent threat.

Persons: Jens Stoltenberg, Yves Herman, General Ben Hodges, Hodges, Jamie Shea, it's, Shea, Robin Emmott, Alison Williams Organizations: NATO, REUTERS, Defence, Russia, U.S, Reuters, Thomson Locations: Brussels, Belgium, Russia, BRUSSELS, Moscow, China, U.S, Ukraine, Crimea, Soviet, Belarus, Baltic, Europe, Britain, France, Turkey, Syria, United States

☆ Russia warns NATO any move on Ukraine will have consequences - report
▼ + stars: | 2021-10-21 | by ( ) www.reuters.com time to read: 1 min

Banners displaying the NATO logo are placed at the entrance of NATO headquarters during the move there, in Brussels, Belgium April 19, 2018. REUTERS/Yves Herman/File PhotoMOSCOW, Oct 21 (Reuters) - Moscow has warned NATO that any move towards Ukraine's membership in the bloc will have consequences, the RIA news agency quoted Russian Deputy Foreign Minister Andrei Rudenko as saying on Thursday. RIA said Rudenko had been asked about U.S. Defence Secretary Lloyd Austin's comments on a visit to Ukraine this week when he said that Washington supported Kyiv's aspiration's to join the transatlantic alliance and that no country could veto such a move. Reporting by Maxim Rodionov Writing by Olzhas Auyezov Editing by Andrew CawthorneOur Standards: The Thomson Reuters Trust Principles.

Persons: Yves Herman, Andrei Rudenko, RIA, Rudenko, Lloyd Austin's, Kyiv's aspiration's, Maxim Rodionov, Olzhas, Andrew Cawthorne Organizations: NATO, REUTERS, U.S . Defence, Washington, Thomson Locations: Brussels, Belgium, MOSCOW, Moscow, Ukraine

☆ Britain warns China against dangerous military moves around Taiwan
▼ + stars: | 2021-10-21 | by ( Robin Emmott | ) www.reuters.com time to read: +2 min

Britain's Defence Secretary Ben Wallace walks outside Downing Street in London, Britain, September 15, 2021. Western capitals and Taipei are on alert after the Chinese air force intensified its overflights on Oct. 1. Chinese President Xi Jinping vowed on Oct. 9 to achieve "peaceful reunification" with Taiwan and did not directly mention the use of force. "The difference between mainland China and Taiwan needs to be resolved through peaceful methods," Wallace said, adding that he saw parallels with Hong Kong. "I think it's why we were so worried about Hong Kong, because Taiwan was effectively included in the 'one country, two systems'," Wallace said.

Persons: Ben Wallace, Toby Melville BRUSSELS, Xi Jinping, Wallace, impinges, Robin Emmott, Alex Richardson Organizations: Britain's, REUTERS, British, NATO, Military, Thomson Locations: London, Britain, China, Taiwan, Taipei, Brussels, Beijing, Hong Kong

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