EU agrees China sanctions over Uighur crackdown

EU member states have agreed to impose sanctions on four Chinese officials and one state-owned entity over Beijing’s crackdown on the Uighur minority, European diplomats said Wednesday. Ambassadors from the 27 countries gave the green light for the measures as part of a package of human rights sanctions that will also see individuals in Russia, […]

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Bolstered by allies, Joe Biden officials take blunt message to first China talks

The United States will take an uncompromising stance in talks with China on Thursday in Alaska, officials have said, in the first face-to-face meetings between senior officials from the two rivals since U.S. President Joe Biden took office. Beijing has called for a reset to ties, now at their lowest in decades, but Washington has […]

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UK seeks more influence in Indo-Pacific as ‘moderating impact’ on China

Britain wants to expand its influence among countries in the Indo-Pacific region to try to moderate China‘s global dominance, a document laying out post-Brexit foreign and defence policy priorities said on Tuesday. The document sets out a planned increase to Britain’s nuclear arsenal to weigh against evolving global security threats, and underlines the importance of […]

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China’s military modernisation poses Taiwan threat: US officials

China’s accelerated military modernisation poses a clear and growing threat to Taiwan, and US intervention might only risk intensifying pressure from Beijing, US defence officials say. Washington’s top US military officer in Asia-Pacific Admiral Philip Davidson made waves last week by warning that Beijing could seek to invade Taiwan within six years. And as Pentagon […]

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Greece, Turkey, meet for fresh talks on maritime dispute

Diplomats from NATO members Greece and Turkey met in Athens Tuesday to try once more to settle their standoff over eastern Mediterranean borders and energy rights. Ankara ratcheted up the pressure a notch on Monday with a diplomatic note to Israel, Greece and the European Union, Turkish media reported. It told them to seek its […]

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US outreach to North Korea getting no answer: official

Attempts by President Joe Biden‘s administration to reach out to North Korea have so far been met with silence, a senior US official said Monday. “We reached out to the North Korean government through several channels starting in mid-February, including in New York. To date, we have not received any response from Pyongyang,” the administration […]

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Joe Biden, Kamala Harris and others to promote relief plan’s benefits

Let the sales push begin. President Joe Biden, Vice President Kamala Harris and their spouses are opening an ambitious, cross-country tour this week to highlight the benefits of his USD 1.9 trillion plan to defeat the coronavirus and boost the economy. The road show — dubbed the “Help is Here” tour by the White House […]

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Wall Street week ahead: Energy shares look for next spark as investors eye recovering economy

By Lewis Krauskopf NEW YORK: Investors betting on U.S. energy shares have enjoyed a blistering rally, as the sector leads a move into value and economically sensitive stocks that has gripped the equity market. How much further that run continues could hinge on the success of the economic recovery, supply dynamics in oil markets and […]

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First U.S. stimulus payments to hit bank accounts this weekend: Officials

Americans will see the first direct deposits from President Joe Biden‘s $1.9 trillion COVID-19 relief package hit their bank accounts this weekend, Treasury and Internal Revenue Service officials said on Friday. A first tranche of $1,400 stimulus payments was processed Friday, with additional large batches of payments to be sent via direct deposits or through […]

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