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Russian supply chains next in line for sanctions – U.S. Treasury’s Adeyemo

Published by Reuters UK By David Lawder and Kate Holton LONDON/WASHINGTON (Reuters) -The United States and its allies plan new sanctions on more sectors of Russia’s economy that are critical to sustaining its invasion of Ukraine, including military supply chains, Deputy U.S. Treasury Secretary Wally Adeyemo said on Tuesday. Adeyemo, speaking in London on a […]

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Biden says US moving ‘strongly’ on Asia-Pacific despite Russia crisis

Published by AFP Washington (AFP) – President Joe Biden said Tuesday that the United States is forging “strongly” ahead on its growing Asia-Pacific priorities, despite the crisis sparked by Russia’s invasion of Ukraine. Hosting Singapore’s Prime Minister Lee Hsien Loong in the Oval Office, Biden said the world’s “rules-based order” faces “unprecedented challenges,” but that

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Biden’s budget to boost military, raise taxes on billionaires

Published by Reuters By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden is expected on Monday to ask Congress for record peacetime military spending while raising taxes from billionaires and projecting lower government deficits. Biden’s budget proposal for the fiscal year starting Oct. 1 lays out his administration’s priorities but it is merely a

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Chinese minister seeks normal India ties, Delhi says ease border tension first

Published by Reuters By Krishna N. Das and Sanjeev Miglani NEW DELHI (Reuters) -India said ties with China could not be normal until their troops pulled back from each other on the disputed border, but Beijing struck a conciliatory note during a meeting of their foreign ministers in New Delhi on Friday. Both nations have

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As sanctions bite Russia, fertilizer shortage imperils world food supply

Published by Reuters UK By Tom Polansek and Ana Mano CHICAGO(Reuters) – Sky-high fertilizer prices have farmers worldwide scaling back its use and reducing the amount of land they’re planting, fallout from the Ukraine-Russia conflict that has some agricultural industry veterans warning of food shortages. Western sanctions on Russia, a major exporter of potash, ammonia,

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