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Rybakina wins Rome title after ailing Kalinina retires
  + stars: | 2023-05-20 | by ( ) www.reuters.com   time to read: +1 min
Moscow-born Kazakh Rybakina got off to an edgy start in the rain-delayed contest by dropping her opening service game before the Wimbledon champion levelled at 3-3 and then wrapped up the opening set with a late break. Kalinina, playing in the second singles final of her career, called the trainer on to the court after losing the opening game of the second set before quitting the match in tears. Victory ensured Australian Open runner-up Rybakina won her second title of the year following her Indian Wells triumph and fifth overall. The 23-year-old, who won three of her matches in Rome after her opponents retired, will break into the top five on Monday. She also reached the final in Miami and heads to Roland Garros as a top contender for the year's second major.
Vladyslav Vlasiuk, who advises President Volodymyr Zelenskiy's chief of staff, also urged allies not to fear that a tougher sanctions clampdown could drive some countries closer to Russia, describing such a worry as overblown. He was speaking in an interview from Kyiv as world leaders meet to discuss new sanctions measures and how to prevent Russia and companies in third countries from circumventing sanctions imposed after Moscow's invasion of Ukraine last year. “We are grateful for all the support we have received from our allies and we have seen some positive signals on the latest sanctions packages under consideration," Vlasiuk said. Tinkoff and Rosselkhozbank have already been excluded from the SWIFT global payments system, but other banks have been subjected to full blocking sanctions. “Russian banks who provide financial services to Russian soldiers fighting an unlawful war of aggression on Ukrainian soil should face the toughest possible sanctions from our allies," Vlasiuk said.
Top seed and two-time defending champion in Rome, Swiatek was tied 2-2 with Elena Rybakina in the deciding set on Wednesday when she decided she could not continue. "To be ready for Roland Garros I need to recover right now. Swiatek won the Stuttgart Open in April when she beat world number two Aryna Sabalenka. The French Open runs from May 28 to June 11. Reporting by Rohith Nair in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.
China's Xi calls for stable, secure central Asia
  + stars: | 2023-05-19 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Chinese President Xi Jinping speaks at the round table during the China-Central Asia Summit in Xi'an, Shaanxi province, China, 19 May 2023. MARK CRISTINO/Pool via REUTERSXIAN, May 19 (Reuters) - China's President Xi Jinping said on Friday that the security, independence and territorial integrity of central Asian nations must be safeguarded. Delivering the keynote speech at the China-Central Asia Summit in the historic city of Xian, Xi said the world needs "a central Asia that is stable, prosperous, harmonious, and well-connected", state media reported. Xi, who is hosting Asian leaders from five central Asian countries, characterized relations between China and its western neighbours as having great vigour and vitality. Leaders from Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan and Tajikistan were on hand for meetings that cover trade and bilateral relations.
The first to land was President Kassym-Jomart Tokayev of Kazakhstan - China's largest trading partner in Central Asia - with his face-to-face meeting with Xi on Wednesday ending with a deal to build "enduring friendship" and share "weal and woe". Tokayev's deal with Xi will set the tone for the other bilateral meetings, where China will seek deeper cooperation with other Central Asia states in its quest to achieve greater food, energy and national security. Two-way trade between China and Central Asia hit a record $70 billion last year, with Kazakhstan leading with $31 billion. Kyrgyzstan followed with $15.5 billion, Turkmenistan with $11.2 billion, Uzbekistan with $9.8 billion and Tajikistan with $2 billion. Reporting by Andrew Hayley; writing by Ryan Woo; Editing by Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.
Xi will present visiting Central Asian leaders with “a series of proposals” on the long-term development of ties and sign agreements, Chinese officials said this week. It is “of great interest to Central Asia nowadays to cooperate with China as one of its important alternative markets,” he added. However, Khitakhunov said, Central Asian leaders would be just as keen to have discussions about trade, investment and joint projects with Western players like the European Union. Central Asian countries have also seen and cracked down on popular protests and unrest in recent years. Like China, Central Asia leaders have typically avoided condemning Russia in forums like the UN, for example abstaining on major General Assembly resolutions calling for the withdrawal of Russian troops.
The inaugural China-Central Asia summit is part of China’s broader aim to strengthen economic and political partnerships with like-minded countries, to counter what it sees as a U.S.-dominated world order that is trying to contain and suppress China. Notably, Mr. Xi’s summit was scheduled on the eve of the annual Group of 7 summit in Hiroshima, Japan, which begins Friday and will be attended by leaders of the world’s wealthiest large democracies, including President Biden. A major topic for the G7 leaders will be how to address what the United States describes as China’s growing assertiveness. Mr. Xi has sought to deepen China’s influence in Central Asia, part of his efforts to burnish his image as a global statesman. China greeted the leaders of five former Soviet republics — Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan — on the tarmac with a huge crowd of dancers and jumping children chanting: “Welcome, welcome!
XIAN, China, May 17 - China will for the first time host an in-person summit of central Asian leaders this week, seeking to cement ties in a region seen as Russia's backyard as its relations with the West sour. "Beijing wants to promote a new alternative to the global order, and try to persuade the Central Asian region that this new global order is better for them too," said Adina Masalbekova, a research fellow at the OSCE Academy in Bishkek. For the first in-person summit, Xian is a symbolic nod to the importance of economic ties as the city was pivotal in the ancient Silk Road trade route that spans Central Asia. "One of the biggest trump cards that we expect to see at this summit is a serious opening for Central Asian products to enter the Chinese market. But with the region's main backer Russia caught up in a grinding war with Ukraine and subject to international sanctions, analysts say the Central Asian states will welcome Beijing's overtures.
Asia's third-largest economy imported about 1.9 million barrels per day (bpd) of Russian oil in April, about 4.4% higher than the previous month, the data showed. Higher imports from Russian raised the share of oil from the C.I.S. India's oil imports from various regionsRussia remained the top oil supplier to India for the sixth-straight month in April, followed by Iraq and Saudi Arabia. Oil imports from Russia also rose as Indian Oil Corp (IOC.NS), the country's top refiner, raised the size of its annual import deal with Rosneft (ROSN.MM). Lower purchases of oil from the Middle East dragged OPEC's share of India oil imports to a record low of 46%, the data showed.
Massive prehistoric stone structures found in desert landscapes from Saudi Arabia to Kazakhstan have baffled archaeologists for decades. Each can stretch for up to a few miles, and resembles a kite with tail strings in overall shape. Recent studies have built a consensus that the so-called desert kites were used to trap and kill wild animal herds. Engraved between 7,000 and 9,000 years ago, these representations are by far the oldest known to-scale architectural plans recorded in human history, the team reported on Wednesday in the journal PLOS ONE. They also highlight how carefully planned the desert kites may have been by the ancient peoples who relied on them.
Although they remain relatively modest in value, German exports to Georgia rose by 92%, while those to Kazakhstan rose 136%, to Armenia 172% and to Tajikistan 154%. An 11th package of EU sanctions, currently being negotiated, will also focus on people and countries circumventing existing trade restrictions. "The circumvention of sanctions against Russia is unacceptable," German Finance Minister Christian Lindner said in Brussels on Tuesday. That came after a six-fold rise in German exports to Kyrgyzstan last year following Russia's February 2022 invasion of Ukraine. "But because Turkey does not participate in EU sanctions, EU goods are further exported from there to Russia."
A new capital city for a place with such disparities and diversity presents both a challenge and a chance for reinvention. Moving the Seat of Power From Java to Borneo Detail area Malaysia Nusantara Borneo Java Sea Indonesia Jakarta Java Indian Ocean Detail area Malaysia Nusantara Borneo Java Sea Indonesia Jakarta Java Indian Ocean Indonesia’s new capital, Nusantara, will be about 800 miles from the current capital, Jakarta. It cannot be overnight, it’s not like Aladdin comes with his genie,” said Bambang Susantono, the head of the Nusantara Capital City Authority. We have to prove that this will be a self-propelling city.” — Bambang Susantono, head of the Nusantara Capital City AuthorityCritics of I.K.N. Indonesia’s capital city faces sinking land and rising seas.
That's as central banks want to move away from the dollar, and deal with domestic difficulties. These are arrangements that allow central banks to exchange one another's currencies, guaranteeing to return the money for the same exchange rate at a future date, with interest. The yuan's increased use may also indicate a global de-dollarization swing, as many central banks are moving away from reliance on the greenback. The PBOC did not make public which central banks relied on the swap lines in the first quarter. Meanwhile, the US has standing currency swap agreements with five national banks in Canada, England, Japan, Switzerland and Europe.
Russia is building a village for US expats who are tired of liberal ideology, a lawyer told state media. Russia has in recent years sought to position itself as a bastion for "traditional" moral values. Putin has, in recent years, sought to portray Russia as a country that stands for "traditional" moral, social, and religious values. It said Russia was in a "unique position" to defend and spread conservative views, which the decree called "traditional Russian moral and religious values." The village project also comes as Moscow's war on Ukraine and resulting international sanctions have sullied Russia's reputation among tourists and expatriates.
A fleet of aging oil tankers that do not turn on their tracking signals is suspected of secretly transporting sanctioned Russian oil globally. Russia has also put together a "shadow fleet" of more than 100 oil tankers to skirt the sanctions, the FT reported in December. By August, such gray market sales reached nearly $6.5 billion, said Denis Manturov, the Russian trade and industry minister, according to an Interfax report. Russian oil is still getting into Western countries, thanks to intermediaries. Western nations that banned Russian oil have collectively imported nearly $46 billion worth of Russian oil products, according to a study by the Centre for Research on Energy and Clean Air, or CREA, published in April.
Widely differing perspectives mean a quick deal is not expected, several diplomats said. She added the EU would stop transit via Russia of more of its exports, including advanced tech products and aircraft parts. Diplomatic sources familiar with the proposal - drafted by von der Leyen's Commission - said it also included blacklisting "tens" of new companies, including from China, Iran, Kazakhstan and Uzbekistan. NO SWIFT DEAL SEENAll 27 EU countries must agree for new sanctions to take effect in what would be the bloc's 11th round of such measures since Russia invaded Ukraine in February 2022. A diplomatic source from an EU country hawkish on Russia was frustrated the Commission's proposal did not include stopping Russian diamond imports or nuclear energy cooperation.
Seville to host 2023 Billie Jean King Cup Finals
  + stars: | 2023-05-10 | by ( ) www.reuters.com   time to read: +1 min
[1/3] Tennis - Billie Jean King Cup Finals - Emirates Arena, Glasgow, Scotland, Britain - November 9, 2022 General view of the trophy during the group stage match between Italy's Jasmine Paolini and... Read moreLONDON, May 10 (Reuters) - Seville will host the 2023 Billie Jean King Cup Finals, the International Tennis Federation announced on Wednesday. The showpiece women's team event, featuring 12 nations, will take place from Nov. 7-12. It is the first time since 2008 that Spain has hosted the finals of the competition, known until 2020 as the Fed Cup. Teams will compete in four round-robin groups of three, with the four group winners progressing to the semi-finals. Seville will also host the Finals in 2024.
While SLB wasn't in breach of sanctions, the decision has triggered a backlash from employees and human rights groups. Reuters was unable to establish why SLB implemented new restrictions on its Russian business. Earlier this year, the U.S. expanded sanctions on Russia, including some targeting its mining and metals sector. Both last year also restricted financial transactions with Russia and placed export restrictions on certain energy equipment, technology and services. "Any new Global SLB Group-wide systems/applications should not be connected to or accessible by Russia," SLB told employees in a late-March memo viewed by Reuters.
CSTO, Russia's equivalent of NATO, was never a powerhouse, but relations have become more strained. And Frankopan said that countries had likely stopped trusting Russia's military abilities. Marin also said that CSTO members don't seem interested in taking big risks to protect the alliance's future. AP Photo/Felipe Dana, FileRussia a 'toxic partner'According to Frankopan, regional backlash to Russia's invasion of Ukraine could be happening for multiple reasons, including ideological objections to Russia's brutal tactics. Marin said the Ukraine invasion had made Russia a "rather toxic partner" to most of its post-Soviet neighbours.
Vladimir Putin was joined by a small number of world leaders in Moscow for Victory Day. Their attendance certainly marked an improvement on last year, when no foreign leaders joined Putin in Moscow for Victory Day, which was held amid international condemnation of Russia's Ukraine invasion. "The late announcement of Central Asian leaders' attendance likely indicates their reticence to show direct and public support of the war despite Kremlin efforts to project power," said the ISW. Japarov was the only Central Asian leader to confirm his attendance well in advance, accepting his invitation on April 24, Vedmosti reported. Some of the Central Asian leaders who attended the Victory Day parade have been critical of Russia's invasion, and sought to steer a more independent path from Moscow while apparently seeking not to excessively aggravate the Kremlin.
Russian service members rehearsing last week for the military parade in Moscow on Tuesday, when Russia celebrates the anniversary of the victory over Nazi Germany in World War II. More recently, he has tried to wrap Ukraine into that narrative, falsely depicting it as a Nazi redoubt. The parade is likely to be subjected to closer scrutiny than usual, both inside Russia and beyond its borders. This year, the jets have skipped their usual practice runs over Moscow, raising questions about whether they will participate. Dmitri S. Peskov, the Kremlin spokesman, said the march was canceled as a “precautionary measure” against possible attacks.
A spokesman for the European Commission on Monday confirmed the proposal was sent out to member states and aimed at closing loopholes in Russia trade restrictions but declined to give detail. In what would be the EU's 11th package of sanctions against Russia since it invaded Ukraine in February, 2022, the bloc would introduce a new mechanism to cut its exports to third countries seen as involved in bypassing Russia sanctions. "It will be an empty vessels for now that can then be filled up as needed," said one EU diplomat. "The analysis... shows a sharp drop in direct exports from the EU to Russia following the introduction of sanctions in March 2022. "Both patterns are particularly pronounced for product groups partially or fully subject to the EU sanctions as well as goods that are similar to the sanctioned ones," the EBRD said.
Citi appoints new North Africa, Levant and Central Asia head
  + stars: | 2023-05-08 | by ( ) www.reuters.com   time to read: 1 min
DUBAI, May 8 (Reuters) - Banking group Citi has appointed Omar Hafeez as head of its North Africa, Levant and Central Asia operations based in Dubai after a reorganisation of the company's MENA region, it said on Monday. Hafeez transfers from Japan, where he was head of the corporate banking business, the third largest for Citi globally. The North Africa, Levant and Central Asia sub-cluster consists of Algeria, Tunisia, Morocco, Egypt, Jordan, Lebanon, Turkey, Kazakhstan and Israel, Citi said. Reproting by Yousef Saba Writing by Lisa Barrington Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.
China assures Russia, India of deepening 'cooperation'
  + stars: | 2023-05-05 | by ( ) www.reuters.com   time to read: +3 min
[1/3] India's Foreign Minister Subrahmanyam Jaishankar and his Chinese counterpart Qin Gang pose for a photograph during the SCO Council of Foreign Ministers' meeting in Goa, India, May 4, 2023. Currently the bloc includes Russia, India, China, Pakistan and four Central Asian countries - Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. Iran and Belarus are expected to be inducted into the SCO at a summit in New Delhi in July, an Indian foreign ministry official said. In a separate meeting with Indian Foreign Minister Subrahmanyam Jaishankar, Qin said China is willing to deepen "coordination and cooperation" on international and regional issues with India and bring ties back to a "healthy" track of development. China's ties with India have deteriorated since 2020, when their troops clashed on a disputed Himalayan border and 24 people were killed.
FIGHTING* Ukrainian President Volodymyr Zelenskiy said Ukraine would launch a counteroffensive soon against occupying Russian forces. * Yevgeny Prigozhin, leader of Russia's Wagner Group mercenary force, said the counteroffensive had already begun and his forces were observing heightened activity along the front. DIPLOMACY/POLITICS* Putin must be brought to justice for his war in Ukraine, Zelenskiy said on Thursday during a visit to The Hague, where the International Criminal Court (ICC) is based. * U.S. military aid for Ukraine includes for the first time the Hydra-70 short-range air-launched rocket, taken from U.S. excess stocks. * Zelenskiy said Russia did not appear to be interested in extending the agreement beyond May 18.
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