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President Joe Biden hosts debt limit talks with House Speaker Kevin McCarthy, R-Calif., in the Oval Office at the White House on May 9, 2023. McCarthy sang a different tune, telling NBC News on Monday outside the Capitol, "I still think we're far apart." The White House has maintained that Biden intends to go to the G-7 summit in Japan later this week, but the president himself has said that could change depending on the debt ceiling talks. Lifting the debt ceiling is necessary for the government to cover spending commitments already approved by Congress and the president and prevent default. Treasury Secretary Janet Yellen warned last week failure to hike the debt ceiling would cause an "economic catastrophe."
Canada’s Chrystia Freeland, in glasses, was among the G-7 finance ministers meeting in Niigata, Japan, last week. Photo: Shuji Kajiyama/Associated PressThe U.S. and its allies are poised to increase pressure on China at this week’s Group of Seven summit in Japan, with an expected joint statement rejecting use of economic retaliation against nations over policy disputes and other disagreements, according to people familiar with the situation. The anticipated statement isn’t expected to mention any country by name, the people said, but comes as concerns mount among the U.S. and its allies over Beijing’s increasing use of what its critics call “economic coercion” to show its displeasure with other countries.
South Korean officials are hopeful that Kishida will make some kind of gesture in return and offer some political support, although few observers expect any further formal apology for historical wrongs. But the historical differences between South Korea and Japan also threaten to cast a shadow over the blossoming ties between its two leaders. The majority of South Koreans believe Japan hasn't apologised sufficiently for atrocities during Japan's 1910-1945 occupation of Korea, Lee said. "They think that Prime Minister Kishida should show sincerity during his visit to South Korea, such as mentioning historical issues and expressing apologies," she added. Still, South Korea is an "important neighbour that we must cooperate with on various global issues," Japan's foreign ministry has said.
ROME, May 4 (Reuters) - Italy is highly unlikely to renew its Belt and Road Initiative (BRI) deal with China, which expires early next year, but needs time to discuss the issue with Beijing, a senior government official said. By contrast, Chinese exports to Italy rose to 57.5 billion from 31.7 billion over the same period, according to Italian data. The government official said Rome would use this lack of economic development as an argument for not renewing the deal. "There is no political will on my part to favour Chinese expansion into Italy or Europe," she said. (This story has been corrected to show that data refers to Chinese exports to Italy, not Chinese imports from Italy, in paragraph 6)($1 = 0.9037 euros)Reporting by Crispian Balmer; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.
EUROPE US recession worries weigh in Asia
  + stars: | 2023-04-27 | by ( ) www.reuters.com   time to read: +3 min
A look at the day ahead in European and global markets from Kevin BucklandEurope wakes up to more weakness in equities after stock markets across Asia took cues from Wednesday's slump on Wall Street. But perhaps reassuringly, financials fared relatively better in markets including Hong Kong and Tokyo, suggesting little fear of widening contagion from First Republic's woes. Technology shares in the region didn't benefit much from Microsoft's earnings boost though, which had buoyed the Nasdaq. Meanwhile, the United States continued to cozy up to long-time regional allies South Korea and Japan. Away from geopolitics, the Bank of Japan began its first policy meeting with new governor Kazuo Ueda at the helm.
An experienced alpinist from Northern Ireland was found dead and another climber from India went missing on the same mountain in central Nepal on Tuesday. The Northern Irish climber, Noel Hanna, who had scaled Mount Everest 10 times, was found dead inside his tent at Camp 4 of Annapurna after scaling the 26,545-foot-tall mountain without supplemental oxygen on Monday, officials said. Yubaraj Khatiwada, a tourism official in Kathmandu, the capital of Nepal, said the cause of Mr. Hanna’s death was unclear. The climber had just descended from Annapurna, the world’s 10th-highest peak, according to his expedition agency, Seven Summit Treks. Mr. Khatiwada also said that two Indian mountaineers went missing on Monday after losing radio contact with the base.
Indian Prime Minister Narendra Modi meeting Japanese Prime Minister Fumio Kishida at Hyderabad House on March 20, 2023 in New Delhi, India. During the meeting, Kishida invited the Indian PM to the G-7 Leaders Summit in Japan in May. Japan's Prime Minister Fumio Kishida on Monday invited his Indian counterpart Narendra Modi for the Group of Seven summit in May and announced action plans for a new Indo-Pacific initiative aimed at countering China's influence in the region. The relationship between New Delhi and Beijing also has deteriorated since 2020, when Indian and Chinese troops clashed along their undefined border in the Himalayan Ladakh region, leaving 20 Indian and four Chinese soldiers dead. Kishida also held talks with Modi to deepen bilateral cooperation while also addressing food security and development financing.
More than 300 people have died climbing Everest since exploration first started in the early 1900s. Dead bodies on the route." Eleven people died climbing Mount Everest that spring, in what became the peak's deadliest climbing sprint in recent memory. Climbing the Seven Summits/@TENDIGUIDE/via ReutersHer memory is a grim reminder that removing dead bodies from Mount Everest is a pricey and potentially deadly chore, and one that is perhaps best left undone. Mountaineers line up as they make their way up a slope on Mount Everest on May 31, 2021.
Chinese leader Xi Jinping attends the G20 summit in Bali, Indonesia on Wednesday. Since taking office, Biden has shored up relations with allies and partners to counter China’s growing influence. In a rare, candid moment caught on camera, Xi chided Canadian Prime Minister Justin Trudeau, accusing him of leaking details of a brief conversation between them. He also attended the Group of 20 dinner, where he shook hands and chatted with leaders including Indian Prime Minister Narendra Modi. Apart from the Dutch Prime Minister, Xi also invited US Secretary of State Antony Blinken, French President Emmanuel Macron and Italy’s newly elected Prime Minister Giorgia Meloni to visit Beijing early next year.
He's also climbed the highest mountains on all seven continents, the so-called Seven Summits. The cost to climbRigney estimates he's paid between $170,000 and $180,000 to climb the Seven Summits, he said. But Mount Everest is a "massive logistical operation" that takes about two months, he said. Rigney climbed Mount Everest for about four to five hours a day. After climbing the "Seven Summits," Rigney said he is deliberately choosing travel experiences that are less risky.
Doi alpinişti străini, un american şi un elveţian, au murit pe Muntele Everest, au anunţat joi organizatorii expediţiei din Nepal. Cei doi au murit din cauza epuizării. „Doi alpinişti au murit miercuri”, a declarat pentru AFP şerpaşul Mingma, de la agenţia Seven Summit Treks, relatează Agerpres. Alpinistul elveţian „a suferit de epuizare” după ce a ajuns pe vârful muntelui (8.848,86 metri), a declarat şerpaşul Chhang Dawa, din aceeaşi organizaţie. Prin urmare, Ministerul Turismului din Nepal a anunţat reguli pentru limitarea numărului alpiniştilor care încearcă să ajungă pe „acoperişul lumii”.
Persons: Instagram, Hilary Organizations: Turismului, Ministerul Turismului Locations: expediţiei, Nepal, Agerpres
"Tell me about yourself" is a question you're certain to be asked at any job interview. As the CEO of the world's largest executive search firm, I have conducted thousands of interviews over the past 20 years. The best — and most memorable — answer I have ever received to that question was: "I've climbed the highest mountains on every continent, including Everest." Predictors of successToo many people respond to "Tell me about yourself" by essentially giving a recital of their resume. More importantly, it was clear that she had the ability to apply lessons learned from past experiences to new challenges.
Persons: I've, that's, Mount Everest Locations: Mount
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