ANKARA, July 10 (Reuters) – Foreign Minister Hakan Fidan said on Friday that Turkey hopes to achieve a result on lifting U.S. sanctions and its desire to purchase F-35 fighter jets soon, adding there should be no defence industry restrictions between allies. U.S. President Donald Trump, who visited Ankara this week for a NATO Summit,…
By Daphne Psaledakis and Olena Harmash WASHINGTON/KYIV, July 10 (Reuters) – Four U.S. senators said on Friday that they had reached agreement with the Trump administration to move forward with updated legislation on Russia sanctions. “We are proud to announce that we have reached an agreement with the Trump Administration to move our updated Russia sanctions…
BEIJING, July 10 (Reuters) – China on Friday said it would step up cooperation with Namibia in the Southern African state’s energy, farming, infrastructure, and minerals sectors during talks in Beijing between Chinese leader Xi Jinping and Namibian President Netumbo Nandi-Ndaitwah. Nandi-Ndaitwah has been on a seven-day visit to China since Sunday, seeking investment from…
China is expanding its toolkit to counter foreign sanctions and export controls, placing multinational companies in the line of fire as Beijing, Washington and Brussels exchange tit-for-tat punitive measures. Since March, Beijing has passed two new regulations that expand its ability to retaliate against foreign entities deemed to have threatened its supply chain security or…
July 2 (Reuters) – In Russia’s grain belt, farmers fret they will not be able to harvest their crops as a fuel crisis sparked by Ukraine’s drone attacks on oil refineries and depots disrupts daily life. As Kyiv tries to pressure Moscow into making peace with strikes on the country’s energy infrastructure, the resulting damage…
BRUSSELS (AP) — The European Union rolled out two measures to protect its steel industry and limit e-commerce small parcels on Wednesday as the 27-nation bloc grapples with its staggering trade imbalance with China. “Today’s change is about restoring fairness for European businesses and better protecting our consumers,” European Commission President Ursula von der Leyen…
HONG KONG (AP) — China’s factory activity picked up pace in June, an official survey showed Tuesday, as demand for artificial intelligence hardware made exports robust. The official manufacturing purchasing managers index, or PMI, expanded to 50.3 from 50 in May, better than economists’ expectations, according to the National Bureau of Statistics. That’s despite worries…
TAIPEI, June 25 (Reuters) – China has been contacting U.S. states and private firms to discourage engagement with Taiwan and mischaracterising U.S. policy, but links with Taiwan should be expanded, three U.S. government departments said in joint letters. The U.S. is Taiwan’s most important international backer and arms supplier despite the lack of formal diplomatic…
By Julia Payne, John Irish and Michel Rose EVIAN-LES-BAINS, France, June 17 (Reuters) – G7 host France is pushing partners to agree a statement on critical minerals on Wednesday that could include measures to help the West reduce its reliance on China and shield investors from counter-measures and dumping, diplomats said. The leaders will discuss…
By Brenda Goh and Kyu-seok Shim SEOUL, June 7 (Reuters) – North Korean leader Kim Jong Un welcomes Chinese President Xi Jinping to Pyongyang on Monday, feeling in a position of strength with a firm ally in Russia, a nuclear arsenal and little apparent appetite to engage with Washington. For Xi, leader of the world’s…