G20 split over attempt to condemn Russia’s invasion of Ukraine

Most G20 members can strongly condemn the Ukraine war Zelensky urges G20 to help end war under his plan Indonesia urges action on global economic problems Xi will hold meetings with many other leaders NUSA DUA, Indonesia (Reuters) – Discord surfaced at the G20 summit on Tuesday, where the United States and its allies backed … Read more

China’s new rules on COVID are causing concern as some cities have suspended routine testing

Regular COVID testing is no longer required in many cities China eased various virus restrictions last Friday Communities worried about the spread of the virus under relaxed rules Major cities including Beijing reported record cases on November 13 BEIJING, November 14 (Reuters) – Several Chinese cities began halting routine COVID-19 testing on Monday, days after … Read more

After the Fed’s stock warning, China is working on real estate

Federal Reserve Chairman Waller underestimates the CPI as just a single number Beijing offers property support, COVID steps Biden will meet with Xi at the G20 meeting SYDNEY/LONDON (Reuters) – Stock markets extended their rally last week in a more modest fashion on Monday after a top US central banker warned investors not to drift … Read more

Zelensky accuses Russian forces of committing war crimes in Kherson

Zelensky says war crimes were exposed after the Russians withdrew The humanitarian situation in Kherson is “extremely difficult” – official The authorities are working to restore vital services Joy mixes with concerns about water and energy for Kherson residents Residents recount the violations committed by the occupation forces Kherson, Ukraine (Reuters) – Ukrainian President Volodymyr … Read more

Lula’s honeymoon ends with Brazilian markets amid concerns over spending plan

BRASILIA (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva’s short honeymoon with financial markets appeared to be over on Thursday, as investors grew impatient with his desire to boost social spending without setting long-term fiscal rules or naming his largest economy. policy makers. Brazil’s currency and the Bovespa stock exchange benchmark (.BVSP)Which jumped last … Read more

Stocks fall, dollar stabilizes ahead of US inflation data

SYDNEY/LONDON (Reuters) – Stock markets fell on Thursday and the dollar held overnight gains ahead of US inflation data that will weigh on the Federal Reserve’s rate plans, while the potential collapse of a major cryptocurrency exchange worried investors. European STOXX 600 Index (.stoxx) The broadest index in Asia fell 0.4% outside Japan (MIAPJ0000PUS.) It … Read more

Exclusive: China cancels EU leader’s video speech at opening of major trade fair

BEIJING/BRUSSELS (Reuters) – The Chinese authorities behind a major trade fair in Shanghai have withdrawn an opening speech by the president of the European Council that was due to criticize Russia’s “illegal war” in Ukraine and call for a reduction in the European Union’s trade dependency with China. Diplomats said. Three European diplomats told Reuters … Read more

China’s trade unexpectedly shrinks as coronavirus curbs and global slowdown in demand

October China’s exports and imports unexpectedly shrink Weak data is another blow to the faltering economy Global recession risks, curbing COVID in China darkens expectations Analysts expect further weakness in exports and imports BEIJING (Reuters) – China’s exports and imports unexpectedly contracted in October, the first simultaneous decline since May 2020, as a perfect storm … Read more

China’s COVID restrictions affected iPhone production, Shanghai Disney closed

Big iPhone factory may see 30% drop in production in November source Shanghai Disney Resort closes, visitors stay inside for testing China’s October PMI unexpectedly weak Gaming center in Macau reimposes COVID restrictions BEIJING (Reuters) – China’s COVID-19 restrictions forced the temporary closure of a Shanghai Disney resort on Monday, while production of Apple’s iPhones … Read more

Brazil’s Bolsonaro will remain silent on Lula’s victory in Lula’s election until Tuesday

BRASILIA (Reuters) – President Jair Bolsonaro will not speak publicly about his defeat in Brazil’s presidential election until Tuesday, a minister said, amid doubts over whether the far-right nationalist will accept the victory of his leftist rival Luis Inacio Lula da Silva. . Communications Minister Fabio Faria told Reuters that Bolsonaro was delaying making statements … Read more