Suicide bomber kills at least 19 people in School Explosion in Afghanistan
A suicide bomber attacked an educational institute in the Afghan capital, killing at least 19 people. As many as 27 other people were injured in the early Friday blast, which occurred in the Dasht-e-Barchi neighborhood of western Kabul, a predominantly Shiite-Muslim area that is home to the minority Hazara community, according to police spokesman Khalid […]
US has agreed Pacific Islands deal, offering ‘big dollar numbers’
The United States is looking to re-engage in a region where China has been steadily expanding its influence. The United States says it has agreed to a partnership with the Pacific Islands that offers the prospect of “big dollar” aid to a region where China has been expanding its influence. U.S. President Joe Biden will […]
Apple Ditches Increase in iPhone Production After Demand Falters
Apple is backtracking on its plans to ramp up production of its new iPhones this year. An anticipated spike in demand failed to materialize, according to people familiar with the matter. The US tech giant has told suppliers to pull out of efforts to increase the assembly of the iPhone 14 product family. Efforts to […]
Trafigura Says Oil Will Face More Downward Pressure: APPEC Update
The fallout from Russia’s invasion of Ukraine and the prospects of a volatile market will be key topics at Asia’s largest gathering of oil traders and executives. That’s entered its second day in Singapore. The Asia Pacific Annual Oil Conference returned to a face-to-face format for the first time since the pandemic broke out. Attendees […]
North Korea, China Resume Freight Train Services: Reports
North Korea and China have resumed freight train services after a five-month suspension. The suspension was due to the pandemic, South Korean media reported. A freight train traveled from the Chinese border town of Dandong to North Korea’s Sinuiju, South Korea’s Yonhap news agency reported on Monday. Trains had been suspended since April 29, following […]
Russia’s Lavrov vows ‘full protection’ for any annexed territory
Russian Foreign Minister Sergey Lavrov says regions of Ukraine where widely-criticised. The referendums are being held will be under Moscow’s “full protection”, If they are annexed. Raising the prospect of the use of nuclear weapons if Kyiv tries to retake those territories. Lavrov’s comments at a news conference in the US city of New York […]
US Sends ‘Dangerous Signals’ to Taiwan, China Tells Blinken
China has accused the United States of sending “very wrong and dangerous signals” to Taiwan. China told Washington it had no “right to interfere” in any method Beijing can use to “solve” the Taiwan issue. Taiwan was the focus of 90 minutes of “direct and honest” talks. U.S. Secretary of State Antony Blinken and Chinese […]
Biden urges the world to help Pakistan “underwater”
As Prime Minister Shehbaz Sharif on Wednesday urged the international community. Shehbaz urged to remain committed to Islamabad. As it struggles to recover from the devastating effects of this season’s unprecedented floods. US President Joe Biden made a fervent appeal to the world to help Pakistan deal with the devastation of the recent floods. He […]
Powell Says Recession May Be the Price to Pay for Crushing Inflation
Federal Reserve officials gave their clearest signal yet that they are willing to tolerate a recession as the compensation needed to regain control of inflation. Policymakers were criticized for being too late to realize the size of America’s inflation problem. Policymakers are moving aggressively to catch up. They raised interest rates by 75 basis points […]
Putin announces partial mobilization and threatens nuclear retaliation in escalation of Ukraine war
The Russian president, Vladimir Putin, has announced a partial mobilization in Russia in a major escalation. That escalation places the country’s people and economy on a wartime footing. Putin also threatened nuclear retaliation. He said that Russia had “lots of weapons to reply” to what he called western threats on Russian territory and said that […]