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Biden Working On Ties With Southeast Asia Ahead of Meeting With China's Xi Jinping
President Joe Biden is formally kicking off his participation at a conference of southeast Asian nations on Saturday, looking to emphasize the United States’ commitment in the region. This comes as a looming China is also working to expand its influence there. Biden’s efforts at the Association of Southeast Asian Nations summit are meant to lay the groundwork ahead of...
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Investor Kyle Bass: Globalization Isn't Over, Just Don't Invest in Countries Run by Despots
The founder of Hayman Capital Management took a different view than BlackRock’s Larry Fink on the future of the idea of an interconnected global economy.
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OPEC+ Sticks to Modest Oil Output Hike as U.S. Considers Unprecedented Release of Reserves
The meeting comes more than a month after Russia launched its invasion of Ukraine.
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The Art of War: Artists Around the World Leave Their Mark in Support of Ukraine
Artists around the world have created murals to support Ukraine since Russia invaded its neighbor in February.
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Turkey May Become the New Playground for Russian Oligarchs — But It's a Risky Strategy
Russian oligarch wealth is on the hunt for a new home, and Turkey is quickly establishing itself as a welcome host.
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Saudi Energy Minister Says Oil Alliance OPEC+ Will Leave Politics Out of Output Decisions
Saudi Arabia’s energy minister has said OPEC+ will keep politics out of its decision-making in favor of the “common good” of stabilizing energy prices.
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Consumers Have to Pay a Price for the Principle That Invasion Isn't Acceptable, Commodity Strategist Says
Sanctions on Russia are likely to lead to higher prices, and Middle East nations don’t seem ready to increase supply, said Helima Croft of RBC Capital Markets.
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Xi's Gamble on Putin May Be the Most Dangerous and Short-Sighted of His Nine Years in Power
Chinese President Xi Jinping’s “no limits” strategic bromance with Russian President Vladimir Putin marks the most dangerous gamble of his nine years in power.
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Russian Oligarchs Are Welcome in Turkey, Foreign Minister Says
Turkish Foreign Minister Mevlut Cavusoglu said Saturday that he’d welcome sanctioned Russian oligarchs into his country as both tourists and investors.
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TotalEnergies Boss Says He Won't Work With Putin Again — But Refuses to Write Off Russian Assets
“I will not give them for free to Mr. Putin,” TotalEnergies CEO says of the company’s Russian assets.
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Ukraine-Russia Crisis Is Driving Countries to Explore New Ways of Pricing Oil, Qatar Says
Qatar’s foreign minister said some countries were considering a “parallel system” of pricing oil, as the economic impacts of the Ukraine crisis hit home.
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Venture Capital Fund Backed by Russian Oligarch Abramovich Removes All Traces of Operations Online
A venture capital fund backed by sanctioned Russian billionaire Abramovich appears to be trying to wipe any trace of its operations since he was sanctioned.
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Yemen's Houthis Claim Attack on Aramco Facility After Reports of a Huge Fire in Saudi City of Jeddah
The Iran-backed Houthis claimed they were behind the strike with a military spokesperson adding that they had also used drones to hit the Ras Tanura and Rabigh refineries, according to Reuters.
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Treasury Secretary Yellen Sees No Need for China Sanctions as U.S. Tries to Deter Aid to Russia
Treasury Secretary Janet Yellen on Friday said she does not believe the U.S. should impose sanctions on China as a partner to Russia.
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European Stocks Close Slightly Higher With Ukraine, Monetary Policy in Focus
European markets closed slightly higher on Friday, as investors continued to monitor the war in Ukraine and assess the outlook for global monetary policy.
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NATO Boosts Defenses in Europe, Says It Faces ‘Gravest Threat' to Its Security in Decades
NATO has agreed to strengthen its defenses in Europe in the face of Russia’s continuing aggression toward Ukraine.
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Russian Oligarch Abramovich's Two Superyachts Worth a Combined $1 Billion Are Escaping Sanctions — for Now
The azure waters of southwest Turkey saw the arrival of a two multimillion-dollar superyachts this week reportedly belonging to Russian oligarch Roman Abramovich.
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Why Don't Kids Get Covid Badly? Scientists Are Unraveling One of the Pandemic's Biggest Mysteries
One of the enduring mysteries of the Covid-19 pandemic is that children have been spared by the virus, for the most part.
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India Is in a Sweet Spot, Courted by the Quad, China and Russia
As the war enters its fourth week, New Delhi has been receiving a stream of high-profile visitors from major capitals around the world.
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Russia Says It Fired Hypersonic Missiles in Ukraine. What Are They and Why Would Moscow Use Them?
Russia’s Defense Ministry said last week it had deployed “Kinzhal” (meaning “Dagger” in Russian) hypersonic aeroballistic missiles.