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☆ South Korea says holds first joint air drill with Japan and US
▼ + stars: | 2023-10-22 | by ( ) www.reuters.com time to read: +1 min

A U.S. Air Force B-52 strategic bomber, C-17 aircraft along with South Korea's Air Force F-35As take part in a joint drill, South Korea, December 20, 2022. The Defence Ministry/Handout via REUTERS/File Photo Acquire Licensing RightsSEOUL, Oct 22 (Reuters) - South Korea, together with Japan and the United States, held a joint aerial exercise near the Korean peninsula on Sunday, the South Korean military said, marking the first such collaboration between the three countries. The drill aimed to expand the countries' response capabilities against North Korea's nuclear and missile threats, South Korea's air force said in a statement. At the Camp David summit in August, leaders of Japan, South Korea and the United States agreed to carry out annual, multi-domain trilateral exercises and set up a hot line for crisis communications. Also on Sunday, South Korean and U.S. navies completed a joint anti-submarine exercise called Silent Shark, the South Korean navy said.

Persons: Barbara Lewis Organizations: U.S . Air Force, South Korea's Air Force, The Defence Ministry, REUTERS, Rights, South Korean, United, Thomson Locations: South Korea, Rights SEOUL, Japan, United States, U.S, Washington, North Korea, Korean

REUTERS/Chris Helgren/File Photo Acquire Licensing RightsWASHINGTON, Oct 20 (Reuters) - The U.S. State Department on Friday urged India not to insist on Canada reducing its diplomatic presence in the country after Ottawa pulled out 41 diplomats this week amid a dispute over the murder of a Sikh separatist leader. "We are concerned by the departure of Canadian diplomats from India, in response to the Indian government's demand of Canada to significantly reduce its diplomatic presence in India," State Department spokesperson Matthew Miller said. Canada has alleged Indian involvement in the June murder of Canadian citizen and Sikh separatist leader Hardeep Singh Nijjar, whom India called a "terrorist." But Friday's statement from the U.S. State Department has been the most direct criticism by Washington of New Delhi thus far in this case. Canada withdrew 41 diplomats from India after New Delhi last month asked Ottawa to reduce its diplomatic presence following Canada's allegations over Nijjar's killing.

Persons: Nanak, Hardeep Singh Nijjar, Chris Helgren, Matthew Miller, Washington, Kanishka Singh, Costas Pitas, Josie Kao Organizations: REUTERS, Rights, U.S . State Department, Ottawa, Department, Analysts, Diplomatic Relations, State Department, Thomson Locations: Surrey, British Columbia, Canada, India, U.S, China, Washington of New Delhi, Vienna, New Delhi, Ottawa

[1/2] California Governor Gavin Newsom speaks at an event for the second year of the Roybal School of Film and Television Production Magnet at the Edward R. Roybal Learning Center in Los Angeles, California, U.S., October 13, 2023. "As two of the world’s largest economies, our partnership is essential to delivering climate action for our communities and beyond," Newsom said in a statement on Wednesday. Newsom has been building up a national profile as a voice for stringent climate action, most recently gaining applause at the United Nation's Climate Ambition Summit last month for a speech railing against oil companies' climate policy obstruction. China, the world's largest methane emitter, has yet to release details of its planned methane reduction strategy despite encouragement from Kerry's team to do so. The governor also plans to tour Tesla’s Shanghai Gigafactory, which produces the largest number of electric vehicles in the world.

Persons: Gavin Newsom, Edward R, Mario Anzuoni, Gavin Newsom's, Janet Yellen, Antony Blinken, John Kerry, Gina Raimondo, Newsom, Kerry, Valerie Volcovici, Deborah Kyvrikosaios Organizations: California, Roybal, of Film, Learning, REUTERS, Rights, United, Ambition, Shanghai, Thomson Locations: Los Angeles , California, U.S, California, China, Beijing, Hong Kong, Shanghai, Jiangsu

[1/5] Chinese President Xi Jinping greets Russian President Vladimir Putin as they attend the opening ceremony of the Belt and Road Forum (BRF), to mark the 10th anniversary of the Belt and Road Initiative at the Great Hall of the People in Beijing, October 18, 2023. Putin and other foreign leaders sat with key Chinese officials from the 25-member Politburo on the front row, as Xi delivered his opening speech. The forum centres on the Belt and Road Initiative (BRI), a grand plan launched by Xi in 2013, that envisioned building global infrastructure and energy networks connecting Asia with Africa and Europe through overland and maritime routes. Western scepticism of Xi's grand plans stems from suspicions over the way it would extend China's global influence, analysts say. Xi is pushing to make the Belt and Road smaller and greener, moving away from big-ticket projects like dams to high-tech ones such as digital finance and e-commerce platforms.

Persons: Xi Jinping, Vladimir Putin, Edgar Su, Xi, Putin, BRI, Viktor Orban, Haji Nooruddin Azizi, Antoni Slodkowski, Simon Cameron, Moore Organizations: Initiative, of, People, REUTERS, Rights, Forum, EU, Washington, Thomson Locations: Beijing, Rights BEIJING, Tiananmen, Asia, Africa, Europe, China, Western Europe, United States, Ukraine

[1/5] Chinese President Xi Jinping greets Russian President Vladimir Putin as they attend the opening ceremony of the Belt and Road Forum (BRF), to mark the 10th anniversary of the Belt and Road Initiative at the Great Hall of the People in Beijing, October 18, 2023. REUTERS/Edgar Su Acquire Licensing RightsBEIJING, Oct 18 (Reuters) - Chinese President Xi Jinping warned against decoupling from China as he opened the Belt and Road Initiative (BRI) forum in Beijing on Wednesday, criticizing Western efforts to reduce dependence on the Chinese economy. The trade disruptions of the pandemic years have also added urgency to the desire to limit their dependence on China. WESTERN SCEPTICISMWestern scepticism of Xi's grand plans stems from suspicions over the way it would extend China's global influence, analysts say. Xi is making the Belt and Road smaller and greener, moving away from big-ticket projects like dams to high-tech ones such as digital finance and e-commerce platforms.

Persons: Xi Jinping, Vladimir Putin, Edgar Su, Xi, Putin, BRI, Viktor Orban, Haji Nooruddin Azizi, Azizi, Xi's, Antoni Slodkowski, Simon Cameron, Moore Organizations: Initiative, of, People, REUTERS, Rights, EU, Washington, Thomson Locations: Beijing, Rights BEIJING, China, Asia, Africa, Europe, Tiananmen, Taiwan, Western Europe, Afghanistan, Northern

WASHINGTON (AP) — The Commerce Department on Tuesday updated and broadened its export controls to stop China from acquiring advanced computer chips and the equipment to manufacture them. “These export controls are intended to protect technologies that have clear national security or human rights implications,” Commerce Secretary Gina Raimondo said on a call with reporters. Political Cartoons View All 1211 ImagesThe updates also introduce new requirements that make it more difficult for China to manufacture advanced chips abroad. The list of manufacturing equipment that falls under the export controls has also been expanded, among other changes to the policy. The two leaders met last year following the Group of 20 summit in Bali, Indonesia, shortly after the export controls were announced.

Persons: Gina Raimondo, Raimondo, Li Qiang, Joe Biden, Xi Jinping Organizations: WASHINGTON, Commerce Department, Economic Cooperation Locations: China, Macao, U.S, Washington, Taiwan, San Francisco, Asia, Bali , Indonesia, Macau

[1/4] Indonesian President Joko Widodo arrives at Beijing Capital International Airport to attend the Third Belt and Road Forum in Beijing, China, October 16, 2023. Ten years on, the most senior EU leader expected to attend the third Belt and Road (BRI) Summit this week is Hungary's populist Viktor Orban, who will join guests including Russia's Vladimir Putin and a minister of the Afghan Taliban. Such Western doubts have coincided with Xi's assertive leadership and a deterioration in ties over trade, human rights, COVID-19 and Taiwan. Other analysts say economic slowdown both in China and globally, and rising commodity prices, have also cast a pall over the initiative. "It's not perfect, but it’s a process, and people are gradually realising it's so important: we need to build infrastructure.

Persons: Joko Widodo, Ken Ishii, Putin, Orban, Britain's, Viktor Orban, Russia's Vladimir Putin, Xi, Jinping, Matthew Erie, they've, Raffaello Pantucci, Ruby Osman, Tony Blair, Osman, Wang Huiyao, Wang, Joyce Zhou, Vineet Sachdev, Antoni Slodkowski, Don Durfee, Robert Birsel Organizations: Beijing Capital International Airport, Forum, REUTERS Acquire, Initiative, University of Oxford, Reuters, Washington, American Enterprise Institute, S.Rajaratnam School of International Studies, Tony, Tony Blair Institute for Global, Global Development Initiative, Monetary Fund, Sri, Center for, Thomson Locations: Beijing, China, Italy, Xi's, BEIJING, Western Europe, EU, Taiwan, United States, Ukraine, Erie, CHINA, America, Africa, Russia, Kazakhstan, Congo, Singapore, China's, Argentina, Sri Lanka, Zambia, Center for China

[1/4] Indonesian President Joko Widodo arrives at Beijing Capital International Airport to attend the Third Belt and Road Forum in Beijing, China, October 16, 2023. Ten years on, the most senior EU leader expected to attend the third Belt and Road (BRI) Summit this week is Hungary's populist Viktor Orban, who will join guests including Russia's Vladimir Putin and a minister of the Afghan Taliban. Other analysts say economic slowdown both in China and globally, and rising commodity prices, have also cast a pall over the initiative. Wang Huiyao, president of the Center for China and Globalization think tank, said the BRI had "greatly pushed forward global awareness about the infrastructure deficit". "It's not perfect, but it’s a process, and people are gradually realising it's so important: we need to build infrastructure.

☆ Kari Lake, previously a fire-breathing, hard-charging, far-right candidate for Arizona governor, may attempt to pivot to normie for her Senate bid
▼ + stars: | 2023-10-14 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Kari Lake on Tuesday launched her bid for the Republican Senate nomination in Arizona. But during her kickoff, Lake didn't focus on grievances and instead framed election integrity as a bipartisan issue. (The move likely dooms the prospects of Blake Masters, the unsuccessful 2022 Senate nominee who The Wall Street Journal previously reported had been set to jump into the 2024 Senate race.) AdvertisementAdvertisementLake defeated Karrin Taylor Robson in last year's Arizona Republican gubernatorial primary. In last year's gubernatorial election, Lake earned 49.6% of the vote, losing by about 17,000 votes out of nearly 2.6 million ballots cast.

Persons: Kari Lake, Trump's, —, Donald Trump, Katie Hobbs, Lake, Trump, Blake Masters, Mario Tama, It's, Doug Ducey, Sen, Jon Kyl, John McCain, Karrin Taylor Robson, Justin Sullivan, John Barrasso of, John Cornyn of, Steve Daines, Mitch McConnell, Kyrsten Sinema —, Ruben Gallego, Gallego, Sinema, she'll, Kyrsten Sinema, Chip Somodevilla, Republican Pinal County Sheriff Mark Lamb, who's Organizations: Republican, Service, Democratic, Lake, Trump, Street, Democrat, GOP, Arizona, Regents, Arizona Republican, Washington Republicans, Politico, Capitol, Senate Republican Conference, National Republican Senatorial, Democratic Party, Democratic Rep, Emerson College, Republican Pinal County Sheriff, Republicans, Democrats Locations: Arizona, Mexico, Washington, John Barrasso of Wyoming, John Cornyn of Texas, Montana, Kentucky, Republican Pinal County

Oct 13 (Reuters) - President Joe Biden will announce in Philadelphia on Friday the recipients of $7 billion in federal grants for the development of regional hydrogen hubs, advancing a key part of his administration's broader plan to decarbonize the U.S. economy. "The regional hydrogen hubs will kickstart a national network of clean hydrogen production, consumers and the connected infrastructure necessary, while supporting the production, storage and delivery and end use of clean hydrogen,” a senior administration official said. The hubs selected will serve the mid-Atlantic, Appalachian, Midwest, Minnesota and Plains states, the Gulf Coast, Pacific Northwest and California. The grants are expected to leverage over $40 billion in private investment, generate tens of thousands of jobs and create a national hydrogen economy. Most of the selected hubs include the use of natural gas to power hydrogen production, which administration officials said would need to install carbon capture technology to qualify.

Persons: Joe Biden, ”, Biden, Chris Hannan, Rachel Fakhry, Valerie Volcovici, Diane Craft Organizations: Industry, Administration, of, Treasury Department, Natural Resources Defense, Thomson Locations: Philadelphia, U.S, Pennsylvania, California, Appalachian, Midwest , Minnesota, Plains, Gulf Coast, Pacific Northwest, Texas, of California

Unlike Russia, one of the world's top oil and gas producers, Israel has very modest energy production. But there is a risk the war could spread to major energy producers in the Middle East and affect oil and gas flows. Second, a deal being brokered by Washington to normalise relations between Saudi Arabia and Israel, which could see the kingdom increase oil output, could be derailed. Saudi Arabia told the White House it is willing to boost oil production early next year to help secure the deal, the Wall Street Journal reported last week. Russian Deputy Prime Minister Alexander Novak added on Thursday that current oil prices factored in the conflict and reflected the market's belief that risks posed by the clashes were not that high.

Persons: Dado Ruvic, Brent, David Goldwyn, Rob Thummel, Janet Yellen, Iranian Oil Minister Javad Owji, Joe Biden, Helima Croft, Biden, Ben Cahill, Prince Abdulaziz, Alexander Novak, Vladimir Putin, Natalie Grover, Ahmad Ghaddar, Alex Lawler, Laura Sanicola, Kirsten Donovan, Cynthia Osterman Organizations: REUTERS, Hamas, U.S . State Department, Tortoise, Iran, U.S, Treasury, Iranian Oil Minister, RBC Capital Markets, Macquarie, SAUDI, Israel, Wall Street, Washington, Strategic, International Studies, Saudi Arabia's Energy, CNBC, OPEC, Organization of, Petroleum, Thomson Locations: Israel, Ukraine, Russia, U.S, Iran, Hormuz, Washington, Saudi Arabia, Strait, Riyadh, Moscow, United States, Tehran, Washington . Saudi Arabia, Saudi, OPEC, London, New York

Rockets are launched from the Gaza Strip towards Israel, as seen from near Israel's border with Gaza in southern Israel, October 12, 2023. Military experts said this week that photos from the conflict showed Hamas militants may be using North Korean weapons, including possible F-7 rocket-propelled grenades. The North's official KCNA news agency called the claims of its weapons being used in the attacks "a groundless and false rumour". U.S. National Security Council spokesman John Kirby on Thursday said he could not confirm the reports about the source of the rockets being used by Hamas. North Korea's state media earlier this week blamed Israel for causing bloodshed in Gaza.

Persons: Amir Cohen, Israel, Bruce Bechtol, Joost Oliemans, Stijn Mitzer, John Kirby, Kirby, Jack Kim, Michael Perry Organizations: Rockets, REUTERS, Rights, North, Angelo State University in, Israeli Defense Force, . National Security, United, Palestinian, Thomson Locations: Gaza, Israel, Israel's, Rights SEOUL, North Korea, Washington, Angelo State University in Texas, Iran, Syria, United States, Korean

☆ 'We're not going anywhere,' Blinken tells Netanyahu; Israel presses on with Gaza siege: Live updates
▼ + stars: | 2023-10-12 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

At least 25 U.S. citizens were killed in the weekend terrorist offensives of Palestinian militant group Hamas against Israel, U.S. Secretary of State Antony Blinken said Thursday from Tel Aviv. "Tragically, the number of innocent lives claimed by Hamas' heinous attacks continues to rise. Among those, we now know at least 25 American citizens were killed," the state secretary said in a speech following a meeting with Israeli Prime Minister Benjamin Netanyahu. In the same speech, Netanyahu urged the international community that "Hamas should be treated exactly the way ISIS was treated" and called for moral clarity. Israel has retaliated against the Hamas hostilities with airstrikes and a complete siege of the Gaza Strip.

Persons: Antony Blinken, Benjamin Netanyahu, Netanyahu, Blinken, — Organizations: Israeli, Lebanese Locations: U.S, Israel, Tel Aviv, Gaza, America

Butler, a Democratic insider and former labor leader, had never held public office before joining the Senate. Under California election rules, the two candidates who receive the most votes advance to the November general election, regardless of party. But to Democratic consultant Garry South, who has run six statewide campaigns in California, including for former Gov. Then, on the campaign side, Butler could talk about Democratic legislative wins and building on Feinstein’s legacy. National Democratic fundraising could pose a challenge in 2024, since the California Senate seat is expected to stay in Democratic hands when control of the chamber will be decided elsewhere.

Persons: Sen, Dianne Feinstein, Laphonza Butler, Gavin Newsom, Butler, Feinstein, Katie Porter, Adam Schiff, Barbara Lee —, Steve Garvey, coy, she’s, I’m, ”, “ It's, Schiff, Nancy Pelosi, Newsom, “, Rebecca Pearcey, Elizabeth Warren’s, “ It’s, Garry South, Gray Davis, ’, ” Newsom, Kamala Harris ’, Newsom’s, Lee, ” Schiff, Porter, Pearcey, ” Pearcey, Washington gridlock, Butler “, she'll Organizations: ANGELES, Democratic, Senate, Democratic House, Associated Press, ., Gov, Airbnb, Capitol, Democratic Party, National Democratic, California Senate Locations: U.S, California, Washington, Laguna Niguel, Los Angeles

☆ Neighbors app floods police inboxes with alerts that have nothing to do with crimes
▼ + stars: | 2023-10-11 | by ( Lam Thuy Vo | ) www.businessinsider.com time to read: +17 min

People can use Neighbors to publish footage alongside their posts; when the posts are forwarded to police officers, officers can click through to view the accompanying media. "All posts and comments on Neighbors are publicly viewable on the Neighbors feed by users and public safety agencies alike. As with Poole, other LAPD officers The Markup identified as using Neighbors to keep tabs on crime did not respond to requests for interviews. To familiarize LAPD officers with the platform, the company organized in-person training sessions as well as video calls. In this dataset, at least 26 LAPD officers posted in Neighbors at least once and received responses from users.

Persons: —, Poole, Craig Newmark, Detective Poole, Albert Fox Cahn, isn't, It's, Cahn, Ring, Mai Nguyen, Nguyen, Sarah Brayne, Peter Polack, Jamie Siminoff, didn't, Siminoff, Shaquille O'Neal, Neighbors, Andrew Guthrie Ferguson, Andrea Han, Drake Madison Organizations: Service, Los Angeles Times, Los Angeles Police Department, Ring News, LAPD, NYCity, Craig Newmark Graduate School of Journalism, CUNY, NBC, University of Texas, Employees, Intercept, Ebay, Neighbors Public Safety Service, Neighbors, Ring's, Los Angeles, Guardian, American University Washington College of Law, Data, didn't, Network Locations: Jeffry, United States, Neighbors, Angeles, Austin, Los, Shadow, Tuna, North Hollywood, RVs, Panera

The hubs are networks of hydrogen producers and consumers that will use local infrastructure to accelerate the deployment of clean hydrogen. The Mid-Atlantic Clean Hydrogen Hub that involves parts of Pennsylvania, Delaware and New Jersey will receive a $750 million grant, according to the sources familiar with the forthcoming announcement. The Appalachian Regional Clean Hydrogen Hub (ARCH2) that includes western Pennsylvania, Ohio and West Virginia will also receive one of the grants, according to two sources. The 2021 bipartisan infrastructure bill allocated up to $7 billion to launch the initiative, called the Regional Clean Hydrogen Hubs program, which will help fund six to 10 regional clean hydrogen hubs across the U.S. Each of the proposed regional hub projects involve dozens of partners from energy companies, academia and local and state governments.

Persons: Joe Biden's, Biden, Joe Manchin, Valerie Volcovici, Jarrett Renshaw, Nick Zieminski, David Gregorio Our Organizations: Reuters, Department of Energy, Pennsylvania, White House, Democratic, Energy Department, DOE, Dominion, Battelle, TC Energy, Thomson Locations: Pennsylvania, Appalachian, U.S, Delaware, New Jersey, Philadelphia, Ohio, West Virginia, California, Washington

WASHINGTON, Oct 10 (Reuters) - The Biden administration is expected to announce on Friday the winners of $7 billion in federal grants to build out regional hydrogen hubs, three sources familiar with the matter told Reuters. The 2021 bipartisan infrastructure bill allocated up to $7 billion to launch the initiative, called the Regional Clean Hydrogen Hubs program, which will help fund six to 10 regional clean hydrogen hubs across the United States. The hubs have many private and public sector partners and the federal grants are expected to unleash a wave of new state and private sector investment. The administration has also earmarked billions of dollars more in subsidies for hydrogen producers in last year's Inflation Reduction Act. The Philadelphia region is one of the locations vying for a share of the $7 billion in grants.

Persons: Biden, Joe Biden, Jarrett Renshaw, Valerie Volcovici, Richard Valdmanis, Deepa Babington Organizations: Reuters, Energy Department, DOE, Department of Energy, Thomson Locations: California, Pennsylvania, Michigan, United States, Philadelphia

☆ Israel highlights fragility of new trade corridors
▼ + stars: | 2023-10-10 | by ( Afiq Fitri Alias | ) www.reuters.com time to read: +3 min

LONDON, Oct 10 (Reuters Breakingviews) - A new and deadly chapter of the decades-old Israel-Palestinian conflict is a reality check for an ambitious trade route. IMEC’s chief backers waxed lyrical about the potential of the trade route involving railways, ports and green energy. Demand is there: India's total trade with Saudi Arabia more than doubled in two years, hitting around $53 billion in financial year 2023. In the near-term, the Suez Canal will remain the primary route for goods travelling to Europe from India, while Turkey can press its own rival trade route. The Biden administration is continuing to push for normalisation talks between Saudi Arabia and Israel, the New York Times reported on Oct. 8.

Persons: Joe Biden, Ursula von der Leyen, Narendra Modi, India’s, Saudi Crown Prince Mohammed bin Salman, Benjamin Netanyahu, Biden, Una Galani, Thomas Shum Organizations: Reuters, Washington, European, Indian, New, Saudi Crown, Israeli, New York Times, Thomson Locations: Israel, India, Middle, Europe, New Delhi, Saudi Arabia, Haifa, Gaza, China, People’s Republic, Suez, Turkey, United States, European Union, France, Germany, Delhi, Arabian, Asia

Wang Yi, China's top diplomat, said the country would continue to play a constructive role in handling global "hotspot issues". But after the killings of more than 900 Israelis in coordinated assaults by the Islamic group Hamas, China's response was muted. China is willing to maintain communication with all parties and make unremitting efforts for peace and stability in the Middle East," Wang Wenbin, a foreign ministry spokesperson, said on Tuesday. "The achievement of peace in the Middle East region and the just settlement of the question of Palestine are inseparable." "China is very successful in a stable environment in the Middle East when it's possible to broker reconciliation agreements between Saudi Arabia and Iran," said Jean-Loup Samaan, Senior Research Fellow at the Middle East Institute of the National University of Singapore.

Persons: Washington . Wang Yi, Xi Jinping, Bill Figueroa, Wang Wenbin, COVID lockdowns, Xi, Steve Tsang, Zhai Jun, Liu Zhongmin, Yun Sun, Tuvia Gering, Jean, Loup Samaan, Samaan, Michael Martina, Don Durfee, Gerry Doyle Organizations: Hamas, University of Groningen, Palestinian, Western, SOAS China Institute, Palestinian Authority, West Bank, Arab League, EU, Palestine, United Nations, Abraham Accords, Institute for Middle East Studies of Shanghai International Studies University, China Program, Stimson, Institute for National Security Studies, Initiative, Middle East Institute of, National University of Singapore, Thomson Locations: China, Middle East HONG KONG, BEIJING, SINGAPORE, Saudi Arabia, Iran, Israel, Gaza, Saudi, Washington, Palestine, Netherlands, United States, PALESTINE, China's, Beijing, Russia, Ukraine, London, U.S

Cutouts depicting images of oil operations are seen outside a building of Venezuela's state oil company PDVSA in Caracas, Venezuela January 28, 2019. Separate talks between Maduro's envoys and the Venezuelan opposition are expected to follow in Mexico in the coming weeks, according to sources. Washington has been trying to encourage negotiations between Maduro and the political opposition over elections in Venezuela and other demands. The proposal included reframing oil sanctions on Venezuela by amending existing U.S. executive orders or issuing new ones so buyers in Europe and other regions could resume imports of Venezuelan oil in a structured, organized way. Chevron (CVX.N) has been allowed to expand operations in Venezuela and export its oil to the U.S. since November.

Persons: Carlos Garcia Rawlins, Nicolas Maduro, Maurel, PDVSA, Vivian Sequera, Mayela, Andrew Mills, Marianna Parraga, Matt Spetalnick, Benjamin Mallet, Marguerita Choy Organizations: REUTERS, Rights, U.S, U.S . State Department, White, Doha, Chevron, Eni, Mayela Armas, Thomson Locations: Caracas, Venezuela, Rights CARACAS, DOHA, HOUSTON, Mexico, Washington, Doha, Venezuelan, Maduro, U.S, Qatar, Iran, American, Europe, Houston, Diego Ore, Mexico City, Paris

☆ Japan’s inertia leaves yen at the mercy of the Fed
▼ + stars: | 2023-10-05 | by ( Francesco Guerrera | ) www.reuters.com time to read: +4 min

A man looks at an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar and Nikkei share average outside a brokerage in Tokyo, Japan October 4, 2023. The debate, though, ignores the bigger issue: Surging U.S. bond yields and Japan’s ultra-low interest rates, though, will keep the yen under pressure. Until it tightens monetary policy, Japan will have to live with an exchange rate driven by Washington. Until Tokyo regains control of its monetary levers, it will have to live with a foreign exchange rate driven by U.S. whims. The greenback then fell back to as low as 147.30, sparking speculation that Japanese monetary officials had intervened to prop up the currency.

Persons: Issei Kato, Kazuo Ueda, Ueda, Antony Currie, Oliver Taslic Organizations: U.S ., Nikkei, REUTERS, Reuters, Bank of Japan, Reuters Graphics, Federal Reserve, Bank of, Thomson Locations: Tokyo, Japan, Washington

☆ Russia says no new mobilization planned, claims 335,000 entered military service this year alone
▼ + stars: | 2023-10-03 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

U.S. and other Western military assistance has been vital for Ukraine to fight back against the full-scale invasion launched by Russia in February 2022. "It's about the stability and predictability of the world and therefore I believe we will be able to find necessary solutions." Kuleba said the question was whether what happened in the U.S. Congress at the weekend was "an incident or a system". "We have a very in-depth discussion with both parts of the Congress - Republicans and Democrats. "But we are now working with both sides of the Congress to make sure that it does not (get) repeat(ed) again under any circumstances," he said.

Persons: Dmytro Kuleba, Josep Borrell, Kuleba, — Organizations: Kyiv, U.S, Congress, Democrats, U.S . Congress, European Union, Republicans Locations: Ukraine, Russia, United States, Kyiv

☆ Ukraine Says U.S. Support for Kyiv Is Not Weakening
▼ + stars: | 2023-10-02 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +1 min

KYIV (Reuters) - Ukraine's top diplomat said on Monday Washington's support for Kyiv was not weakening, and played down the significance of a stopgap funding bill passed by U.S. Congress that omitted aid to Ukraine. U.S. and other Western military assistance has been vital for Ukraine to fight back against the full-scale invasion launched by Russia in February 2022. "We don't feel that the U.S support has been shattered... because the United States understands that what is at stake in Ukraine is much bigger than just Ukraine," he told reporters as he greeted European Union foreign policy chief Josep Borrell before a meeting of EU foreign ministers in Kyiv. Kuleba said the question was whether what happened in the U.S. Congress at the weekend was "an incident or a system". "We have a very in-depth discussion with both parts of the Congress - Republicans and Democrats.

Persons: Dmytro Kuleba, Josep Borrell, Kuleba, Pavel Polityuk, Tom Balmforth, Timothy Heritage Organizations: Kyiv, U.S, Congress, Democrats, U.S . Congress, European Union, Republicans Locations: Ukraine, Russia, United States, Kyiv

That was close, but in the end Congress found a way to avert a government shutdown. “That said, we still look for the gradual deceleration in labor market conditions to continue in the coming months,” Bullard added. Collectively, the three reports will show whether the labor market is slowing – and by just how much. The week will also reveal whether the markets have settled down following the aversion of a government shutdown and concern over rising interest rates in the wake of the Fed’s pause. “The continuation of the disinflation process suggests that the Fed may not need to hike interest rates again this cycle.”

Persons: ” Sam Bullard, “, ” Bullard, Jerome Powell – Organizations: Federal Reserve, Wells, Labor Department, Stock, BCA Research Locations: August’s, payrolls, Washington

☆ Ukraine says U.S. support for Kyiv is not weakening
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +2 min

Ukrainian Foreign Minister Dmytro Kuleba speaks during a joint press conference with German Foreign Minister Annalena Baerbock (not pictured) following their talks in Kyiv, Ukraine September 11, 2023. Efrem Lukatsky/Pool via REUTERS/ File Photo Acquire Licensing RightsKYIV, Oct 2 (Reuters) - Ukraine's top diplomat said on Monday Washington's support for Kyiv was not weakening, and played down the significance of a stopgap funding bill passed by U.S. Congress that omitted aid to Ukraine. U.S. and other Western military assistance has been vital for Ukraine to fight back against the full-scale invasion launched by Russia in February 2022. "We don't feel that the U.S support has been shattered... because the United States understands that what is at stake in Ukraine is much bigger than just Ukraine," he told reporters as he greeted European Union foreign policy chief Josep Borrell before a meeting of EU foreign ministers in Kyiv. Kuleba said the question was whether what happened in the U.S. Congress at the weekend was "an incident or a system".

Persons: Dmytro Kuleba, Annalena Baerbock, Efrem, Josep Borrell, Kuleba, Pavel Polityuk, Tom Balmforth, Timothy Organizations: Ukrainian, German, Rights, Kyiv, U.S, Congress, Democrats, U.S . Congress, European Union, Republicans, Timothy Heritage, Thomson Locations: Kyiv, Ukraine, Russia, United States

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