By Seher Dareen (Reuters) -Uranium prices gained on Friday after Russia imposed temporary restrictions on the export of enriched uranium to the United States. The move by Russia, the world’s largest supplier of enriched uranium, was a symbolic tit-for-tat move after the U.S. banned Russian uranium imports, adding that companies authorized by the export control […]
Exclusive-Biden administration buys last oil for emergency reserve as fund taps out
By Timothy Gardner WASHINGTON (Reuters) – The Biden administration said on Friday it has bought its last batch of oil for the Strategic Petroleum Reserve after selling a record amount from the facility in 2022 to counter fuel prices that had risen after Russia’s invasion of Ukraine. The Department of Energy said it had bought […]
Putin says China is Russia’s ally, backs its stance on Taiwan
SOCHI, Russia (Reuters) – Russian President Vladimir Putin on Thursday described China as Russia’s ally and threw his weight behind Beijing’s claims over Taiwan, while stating that no countries had anything to fear from deepening Sino-Russian cooperation. The two countries have not declared a formal military alliance, but Putin and Chinese President Xi Jinping signed […]
Factbox-Trump’s US election win may bring NATO members’ defense spending back into focus
(Reuters) – NATO-member defense spending may come back into focus as former U.S. President Donald Trump returns to office. Republican Trump, 78, was elected president on Wednesday, defeating Democratic candidate Kamala Harris. He previously served as U.S. president from 2017 to 2021. In congratulating Trump on his election, NATO Secretary General Mark Rutte said that […]
Trump unlikely to undo Biden’s IRA climate legislation, TotalEnergies executive says
By America Hernandez PARIS (Reuters) – French oil major TotalEnergies does not anticipate that Donald Trump would pull the U.S. out of the Paris Agreement on climate change or undo Inflation Reduction Act (IRA) legislation if he became U.S. president again, the company’s strategy director said on Monday. Aurelien Hamelle made the comments while presenting […]
China vows ‘countermeasures’ after $2 billion US arms sale to Taiwan
BEIJING (Reuters) – China will take “countermeasures” to defend its sovereignty and territorial integrity, the government said, lambasting a $2 billion arms sale package by the United States to Taiwan. The United States is bound by law to provide Chinese-claimed Taiwan with the means to defend itself despite the lack of formal diplomatic ties, to […]
Exclusive-BRICS is for the fairies until China and India get serious, ‘Mr BRICS’ says
By Guy Faulconbridge MOSCOW (Reuters) – The idea of the BRICS group ever challenging the U.S. dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters. Russian President Vladimir Putin is […]
Modi tells Putin that India wants peace in Ukraine
By Vladimir Soldatkin and Guy Faulconbridge KAZAN, Russia (Reuters) -India’s Narendra Modi told Russian President Vladimir Putin on the eve of the BRICS summit that he wanted peace in Ukraine and that New Delhi was ready to help achieve a truce to end Europe’s deadliest conflict since World War Two. Putin, who ordered tens of […]
US sanctions Chinese, Russians over attack drones used in Ukraine
By Trevor Hunnicutt and Doina Chiacu WASHINGTON (Reuters) – The United States on Thursday sanctioned two Chinese companies and a Russian affiliate involved in making and shipping attack drones and warned the two countries to halt cooperation boosting the Ukraine war effort. New sanctions target a Chinese company, Xiamen Limbach Aircraft Engine Co Ltd, that […]
Meta’s oversight board seeks public comments on hate speech moderation
By Supantha Mukherjee STOCKHOLM (Reuters) – Facebook owner Meta’s Oversight Board on Thursday invited comments from the public on the posting of immigration-related content that may be harmful to immigrants, and shared two cases that Facebook moderators decided to keep on the platform. The board plans to assess whether Meta’s decision to only protect refugees, […]