US Inflation Reduction Act ‘super aggressive,’ Macron tells lawmakers

US Inflation Reduction Act ‘super aggressive,’ Macron tells lawmakers

WASHINGTON, Nov 30 (Reuters) – French President Emmanuel Macron addressed US lawmakers from both political parties on Wednesday and pushed back on new American subsidies that are riling European leaders, according to a participant in a closed-door meeting. Macron arrived in Washington on Tuesday for his second state visit to the United States since taking … Read more

The yuan’s the new dollar as Russia rides to the redback

Russia turns to the Chinese currency amid sanctions Moscow becomes No.4 offshore trading center for yuan Yuan’s share of Russian FX market jumps from 1% to 45% Russian central bank supports the trend but warns of risks This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW/SHANGHAI, … Read more

Exclusive: US, Russia have used their military hotline once so far during Ukraine war

WASHINGTON, Nov 28 (Reuters) – A communications line created between the militaries of the United States and Russia at the start of Moscow’s war against Ukraine has been used only once so far, a US official told Reuters. The official, who spoke on condition of anonymity, said that the United States initiated a call through … Read more

Exclusive: US weighs sending 100-mile strike weapon to Ukraine

WASHINGTON, Nov 28 (Reuters) – The Pentagon is considering a Boeing proposal to supply Ukraine with cheap, small precision bombs fitted onto abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the West struggles to meet demand for more arms. US and allied military inventories are shrinking, and Ukraine faces an increasing … Read more

Weapons industry booms as Eastern Europe arms Ukraine

E. Europe arms companies step up production for Ukraine Hope to find new markets as defense spends rise Can produce and service Soviet-era and NATO-standard weaponry Poland, Czechs among big suppliers of military aid to Kyiv Industry’s history stretches from 1800s and through Cold War PRAGUE/WARSAW, Nov 24 (Reuters) – Eastern Europe’s arms industry is … Read more

Some Russian commanders encouraged sexual violence, says lawyer advising Kyiv

KYIV, Nov 23 (Reuters) – There is evidence that Russian commanders in several instances were aware of sexual violence by military personnel in Ukraine “and in some cases, encouraging it or even ordering it,” according to an international criminal lawyer assisting Kyiv’s war crimes investigations. British lawyer Wayne Jordash told Reuters that in some areas … Read more

Ukraine promises shelters for its people as winter sets in

‘Invincibility centers’ to provide heat, water, internet Power outages widespread as Russia targets electricity grid G7 to soon announce price cap on Russian oil – US official KYIV, Nov 23 (Reuters) – Ukraine promised shelters with heat and water and encouraged its people to save energy as a harsh winter loomed amid relentless Russian strikes … Read more

End of cheap money for US farmers plows trouble into food production

CHICAGO, Nov 22 (Reuters) – Montana farmer Sarah Degn had big plans to invest the healthy profits she gleaned for her soybeans and wheat this year into upgrading her planter or buying a new storage bin. But those plans have gone by the wayside. Everything Degn needs to farm is more expensive – and for … Read more

Ukraine braces for harsh winter as Russian strikes cripple power facilities

Ukrainians brace for winter with little or no heating Temperatures in several areas already below freezing Zelenskiy says half Ukraine’s power capacity crippled by Russia Kherson residents can express interest in moving elsewhere Ukraine: Russia bombing Kherson from across the river KYIV, Nov 22 (Reuters) – Ukrainians braced for a winter with little or no … Read more

Russia’s ‘General Armageddon’ under pressure to deliver on battlefield after retreat

Top general argued for strategic but humiliating retreat Russian forces left west bank of River Dnipro as a result Russia war hawks rallied around General Sergei Surovikin But he is now under pressure to show battlefield results LONDON, Nov 21 (Reuters) – Russia’s leading war hawks rallied behind the humiliating decision for Moscow’s forces to … Read more