China’s new foreign minister on U.S. relations, Taiwan, spy balloon
BEIJING – China’s new foreign minister, Qin Gang, said relations with the U.S. have left a “rational path” and warned of conflict if Washington doesn’t “hit the brake.”Qin, who was until recently China’s ambassador to the U.S., said China would “pursue a sound and stable relationship with the U.S.”However, he said the Biden administration’s call […]
China Has More ICBM Launchers Than U.S., American Military Reports
WSJ News ExclusiveChinaWhile the U.S. leads in intercontinental missiles and warheads, China’s gains are fueling debate in Congress Source link
State of the Union: 5 key challenges for Biden as he delivers his speech
President Joe Biden will face no small task on Tuesday night, when he delivers his State of the Union speech after a little more than two years in office.Biden looks poised to tackle the debt-limit standoff, recession worries and acts of violence at home and abroad in his remarks. At the same time, American presidents […]
GE has seen only 1 thing that warns of falling demand in 2023
That’s General Electric Co. Chief Executive Larry Culp, who said Tuesday he was only seeing one demand indicator that suggests the U.S. economy was slowing. But that indicator was enough for the company to provide a 2023 earnings estimate below Wall Street expectations. The aerospace, power and renewable energy company reported before Tuesday’s opening bell […]
How a money drain in 2023 could upset the banks again and cause another market meltdown, investor warns
Wall Street is pointing to a weak open ahead of Tuesday’s earnings from Microsoft and other big names. That’s a day after soft-economic landing hopes fueled fresh 2023 highs for the S&P 500 SPX and Nasdaq Composite COMP. Diving straight in, our call of the day taps into a potential market worry that may be […]
Russia official warns countries supplying Ukraine with more powerful weapons risk their own destruction
The speaker of Russia’s parliament warned Sunday that countries supplying Ukraine with more powerful weapons risked their own destruction, a message that followed new pledges of armored vehicles, air defense systems and other equipment but not the battle tanks Kyiv requested.”Supplies of offensive weapons to the Kyiv regime would lead to a global catastrophe,” State […]
Latest offensive in Russia’s war on Ukraine is cartological
MOSCOW — It could soon be an offense here to print any maps that don’t label Crimea and other parts of Ukraine as Russian territory. Political analysts say the new legislation is a symptom of the growing unease spreading through Russian President Vladimir Putin‘s government as the conflict continues into its second calendar year. Source link
U.S. industrial output falls sharply in December, sparking talk of factory ‘recession’
The number: U.S. industrial production fell 0.7% in December, the Federal Reserve reported Wednesday. It is the biggest monthly decline since September 2021. The decline was steeper than economists expectations of a 0.1% decline, according to a survey by The Wall Street Journal. Output in November was revised down to a 0.6% drop, much worse […]
Yen eyes further lift as traders probe BoJ defense ahead of meeting By Investing.com
© Reuters. By Yasin Ebrahim Investing.com — The yen creeped higher against the dollar Tuesday, riding a wave of hawkish bets on the Bank of Japan moving further away from its dovish stance ahead of a monetary policy update due overnight Wednesday. fell 0.26% to 128.20 The Bank of Japan is expected to stand pat […]