Putin Says US-Russia Ties in ‘Deep Crisis,’ Blames Washington
Russian President Vladimir Putin said relations between the US and Russia are “experiencing a deep crisis,” as he sought to blame Washington for his invasion of neighboring Ukraine.
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Taiwan Spots Chinese Aircraft Carrier Ahead of McCarthy Meeting
A Chinese aircraft carrier battle group entered Taiwan’s southeastern waters, according to the island’s Ministry of National Defense, ahead of president Tsai Ing-wen‘s planned meeting with US House Speaker Kevin McCarthy in southern California.
Schiphol Airport Capacity Cut Should Be Scrapped, Dutch Court Rules
A local court has shot down an effort by the Dutch government to limit the number of flights that can go in and out of Amsterdam’s airport between the end of this year and October 2024.
US Trade Deficit Widens for a Third Month to $70.5 Billion
The US trade deficit widened for a third-straight month in February as the value of exports fell more than imports.
Billionaire Brazil Family Behind Votorantim Eyes US Real Estate After Pandemic
Votorantim SA, a conglomerate owned by one of Brazil’s wealthiest families, is looking for opportunities to invest in US real estate for the first time in 2023.
Amazon Looks to Grow Diamonds in Bid to Boost Computer Networks
Amazon.com Inc. is teaming up with a unit of De Beers Group to grow artificial diamonds, betting that custom-made gems could could help revolutionize computer networks.
Fed’s Mester Says Rates Need to Move ‘A Little Bit Higher’
Federal Reserve Bank of Cleveland President Loretta Mester said Fed officials will need to raise interest rates “a little bit higher” and then hold them there for some time to bring inflation back toward their goal.
UK Ministers Stop Meetings With CBI Following Rape Allegation
The UK government has sought to distance itself from the Confederation of British Industry following allegations of sexual harassment, drug use and rape among the business group’s staff.
A Month After Her Very Public Firing, TAP Airline CEO Remains on the Job
A month after being dismissed on live television as chief executive officer of Portuguese airline TAP SA, Christine Ourmieres-Widener remains at the helm of the state-owned carrier, without any guidance from the government on how to run the company.
Argentina Loses $1.5 Billion UK Case Over GDP-Linked Bonds
Argentina must compensate investors for losses in the country’s growth-linked securities after the South American nation changed the method of calculating gross domestic product, a London court ruled. The notes surged to a four-year high.