U.S. President Joe Biden’s political fortunes have changed dramatically since his first Group of Seven summit last summer, or even his last visit to Europe in March. It couldn’t come at a worse time for his international allies as Russia settles into a long war with Ukraine. German Chancellor Olaf Scholz, who will welcome G7
The end of the landmark Roe v. Wade ruling was the culmination of decades of work by Republicans and social conservatives — one that came to pass only after a former Democrat from New York who had once supported abortion rights helped muscle through three Supreme Court justices. Publicly, former President Donald Trump heralded the
Washington – The U.S. Supreme Court on Friday overturned Roe v. Wade, eliminating the constitutional right to abortion after almost 50 years in a decision that will transform American life, reshape the nation’s politics and lead to all but total bans on the procedure in about half of the states. “Roe was egregiously wrong from
Sapporo U.S.A., a subsidiary of the major Japanese beer-maker, on Friday announced a $168 million acquisition of Stone Brewing, an iconic U.S. craft brewery. The acquisition, slated to close in August, will create “strength and growth potential for both brands,” the companies said in a statement. Sapporo’s move is part of the company’s efforts to
Biden administration officials have decided to reject a vague new assertion by China that the Taiwan Strait is not “international waters” and are increasingly concerned the stance could result in more frequent challenges at sea for the democratically governed island, according to people familiar with the matter. Chinese officials have made such remarks repeatedly in
Washington – A duo of U.S. senators have introduced a bill to significantly enhance support for Taiwan, including provisions for billions of dollars in U.S. security assistance and changes to the decades old law undergirding Washington’s unofficial ties with the Chinese-claimed democratic island. The United States, which accuses China of ramping up military coercion toward
The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising risk of recession will not stop its battle to bring down searing inflation that’s punishing American households. “The Committee’s commitment to restoring price stability — which is necessary for sustaining a
China on Friday launched its third and most modern aircraft carrier, a watershed moment for President Xi Jinping’s efforts to modernize the armed forces and narrow his country’s military gap with the U.S. The new carrier, christened the Fujian, was launched from Jiangnan Shipyard near Shanghai at ceremony attended by military and civilian leaders, state
China’s assertions that the Taiwan Strait doesn’t qualify as international waters raises tensions over the nautical flash point, through which U.S. warships transit in a symbolic challenge to Beijing’s territorial claims over the democratically governed island. While it’s unclear what Beijing means by “international waters,” the language may be intended to deter the U.S. from
When Wall Street goes to sleep, bitcoin is usually just getting going. It often parties all night long, and in the process, notches more robust gains than while U.S. markets are open. A hypothetical strategy that buys the coin at the equity-market close — at 4 p.m. in New York — and sells it at
