EU proposal would send proceeds of frozen Russian funds to Ukraine

EU proposal would send proceeds of frozen Russian funds to Ukraine

Russia must pay for devastation in Ukraine, von der Leyen says Proposal includes fund to invest Russian cbank liquid assets The assets would be returned to owners once sanctions lifted Frozen funds include $300 bln of Russia’s foreign reserves Moscow says such a move would amount to theft BRUSSELS, Nov 30 (Reuters) – The European … Read more

Overseas Chinese step up protests as calls mount for change

Overseas Chinese step up protests as calls mount for change

TORONTO/HONG KONG, Nov 30 (Reuters) – From Sydney to Toronto, mainland Chinese have stepped up protests this week, with demands to end the world’s most stringent COVID-19 restrictions evolving into calls to “free China” and for President Xi Jinping to step down. Overseas-based Chinese and their supporters rallied in Sydney, Tokyo, Hong Kong, New York … Read more

Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’

Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public appearance since his company’s collapse stunned investors and left creditors facing losses totaling billions of dollars. Speaking via video link at the New York Times’ … Read more

Cuba says its allies have pledged help to end its economic crisis

Cuba says its allies have pledged help to end its economic crisis

HAVANA, Nov 30 (Reuters) – China, Russia, Algeria and Turkey have pledged to restructure Cuba’s debt, provide new trade and investment financing, and help ease an energy crisis, Cuban President Miguel Diaz-Canel told state-run media following a rare trip abroad last week. Any help would be a blessing for crisis-racked Cuba. The Communist-run country has … Read more

France file complaint to FIFA after Griezmann goal disallowed

France file complaint to FIFA after Griezmann goal disallowed

AL RAYYAN, Qatar, Nov 30 (Reuters) – France are filing a complaint to FIFA after a last-gasp equalizer by Antoine Griezmann was disallowed following a video review after the final whistle of their World Cup match against Tunisia, the French federation said on Wednesday. Griezmann volleyed home eight minutes into stoppage time but the goal … Read more

At least 15 killed in Afghanistan school bombing, says official | Taliban News

At least 15 killed in Afghanistan school bombing, says official |  Taliban News

DEVELOPING STORYDEVELOPING STORY, Local official says at least 15 people were killed and 20 others wounded in a bombing at a religious school in northern Afghanistan. At least 15 people have been killed in a bomb blast at a religious school in northern Afghanistan’s Samangan province, according to a local official. Provincial spokesman Emdadullah Muhajir … Read more

China likely to have 1,500 nuclear warheads by 2035: Pentagon

China likely to have 1,500 nuclear warheads by 2035: Pentagon

WASHINGTON, Nov 29 (Reuters) – China will likely have a stockpile of 1,500 nuclear warheads by 2035 if it continues with its current nuclear buildup pace, according to a report released by the Pentagon on Tuesday. The figure underscores mounting US concerns about China’s intentions for its expanding nuclear arsenal, even though the projections do … Read more

Chinese astronauts board space station in historic mission

Chinese astronauts board space station in historic mission

Shenzhou-15 marks last of 11 missions since April 2021 in building of space station Shenzhou-15 crew to take over from Shenzhou-14 astronauts on space station Chinese space station to be second permanently inhabited outpost after NASA-led ISS BEIJING, Nov 30 (Reuters) – Three Chinese astronauts arrived on Wednesday at China’s space station for the first … Read more

RBC to buy HSBC’s Canadian unit for $13.5-billion in biggest domestic banking deal on record

RBC to buy HSBC’s Canadian unit for .5-billion in biggest domestic banking deal on record

Royal Bank of Canada RY-T is buying HSBC Bank Canada for $13.5-billion in cash in the largest deal ever reached between two domestic banks in the country. The transaction, which is subject to regulatory and government approvals, would see RBC consolidate its position as Canada’s largest bank. The purchase price represents a multiple of 9.4 … Read more

BBC journalist ‘beaten and kicked by the police’ as protests spread across China

BBC journalist ‘beaten and kicked by the police’ as protests spread across China

CNN Business — Edward Lawrence, a journalist at the BBC, was arrested by police in Shanghai at the scene of protests on Sunday night, according to the BBC and as captured on what appears to be mobile phone footage of the arrest. While he has since been released, a BBC spokesperson has expressed extreme concern … Read more