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

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

Workers who won’t sign Russian contracts banned from nuclear plant – Ukraine

Workers who won’t sign Russian contracts banned from nuclear plant – Ukraine

KYIV, Nov 28 (Reuters) – Ukraine’s military said on Monday Moscow had banned Ukrainian technicians who have refused to sign contracts with Russia’s atomic energy firm from entering the vast Zaporizhzhia nuclear power plant that Russian forces seized in March. The largest nuclear power plant in Europe, which is in Ukraine’s partially-occupied southeastern region of … Read more

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

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

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

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 trend but warns of risks This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW/SHANGHAI, Nov … Read more