By Soo-hyang Choi SEOUL (Reuters) -North Korea’s Kim Jong Un ordered the military to intensify drills to deter and respond to a “real war” if necessary, state media said on Friday, after the leader oversaw a fire assault drill that it said proved the country’s capabilities. North Korea fired a short-range ballistic missile off its …
North Korean leader Kim calls for intensified drills in case of ‘real war’ Read More »
By Trevor Hunnicutt, Andrea Shalal and Nandita Bose PHILADELPHIA (Reuters) -U.S. President Joe Biden on Thursday unveiled plans for government spending and higher taxes on the wealthy, choosing the swing state of Pennsylvania to reveal his playbook for an expected 2024 re-election bid. Speaking at a Philadelphia union hall, the Democratic president challenged Republican opponents …
Biden’s $6.8 trillion budget challenges Republicans, raises taxes on rich Read More »
By Seher Dareen (Reuters) – Gold prices jumped nearly 2% on Friday, driven by a slide in U.S. Treasury yields and broader financial markets as worries over a fallout in the banking sector eclipsed a strong U.S. jobs report and drove safe-haven flows into bullion. Spot gold was up 1.8% at $1,863.46 per ounce by …
Gold rallies on safe-haven allure as banking rout grips markets Read More »
By Kanishka Singh WASHINGTON (Reuters) – A federal jury convicted former Ohio House of Representatives Speaker Larry Householder and former Ohio Republican Party chair Mathew Borges of participating in a $60 million bribery scheme, the U.S. Justice Department said on Thursday. Householder, 63, and Borges, 50, were charged in 2020 in the federal bribery case …
Former Ohio House speaker Householder convicted over $60 million bribery plot Read More »
By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged members of the U.S. House of Representatives on Friday to raise the federal debt ceiling without conditions, warning that a default on U.S. debt would cause “economic and financial collapse.” Yellen, in budget testimony before the Republican-controlled House Ways and Means Committee, said that …
Yellen warns U.S. House members of ‘economic collapse’ from default Read More »
By Andrea Shalal WASHINGTON (Reuters) -Three U.S. senators blasted the Treasury Department on Thursday for what they called its failure to act more swiftly on countering climate risks, and they urged Secretary Janet Yellen to appoint a new climate counselor to lead the effort. In a letter to Yellen viewed by Reuters, Democratic Senators Elizabeth …
US senators blast Treasury’s ‘lack of progress’ on climate risks Read More »
(Reuters) – Cryptocurrency token Ether fell to its lowest in two months on Friday after the New York attorney general labeled it a security, bracketing it with assets such as stocks and bonds and fueling fears of a wider regulatory crackdown. New York Attorney General Letitia James on Thursday referred to Ether as a security …
Ether hits 2-month low as New York AG labels crypto token as security Read More »
By Krishn Kaushik NEW DELHI (Reuters) – Australia and India hope to seal by the end of the year an ambitious, comprehensive trade deal that has been stuck in negotiations for over a decade, Australian Prime Minister Anthony Albanese said on Friday. Speaking after meeting Indian Prime Minister Narendra Modi in Delhi for a bilateral …
Australian PM voices hope for comprehensive trade deal with India by year-end Read More »
JAKARTA (Reuters) – A New Zealand pilot being held hostage by separatists in Indonesia’s Papua region has appeared in videos calling for the United Nations to mediate in the conflict in the resource-rich region. Pilot Phillip Mehrtens, who works for the domestic Susi Air service, was abducted by the armed wing of Free Papua Movement …
Rebels in Indonesia’s Papua release NZ hostage video calling for UN mediation Read More »
By David Brunnstrom WASHINGTON (Reuters) -U.S. President Joe Biden will meet leaders of Australia and Britain in San Diego on Monday to announce a way forward for Australia to receive nuclear-powered submarines in Canberra’s biggest-ever defense project. The three countries announced the so-called AUKUS plan in 2021 as part of efforts to counter China in …
Biden to host Australia and Britain to reveal details of submarine pact to counter China Read More »
