Global News

Xi Putin meeting: What to expect from China-Russia talks

Chinese President Xi Jinping is embarking on his first trip to Russia since the country invaded Ukraine last year, and is set to sit down for talks with President Vladimir Putin. Our Russia editor Steve Rosenberg and China correspondent Stephen McDonell have been considering what each side seeks to gain from the talks, and what we know about the relationship…

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Serbian president criticizes ICC arrest warrant for Putin

Issuing an international arrest warrant for Russian President Vladimir Putin will have negative consequences and will only prolong the war in Ukraine, Serbia’s president said Sunday. The International Criminal Court (ICC) issued the warrant for the Russian leader Friday, accusing him of war crimes. The ICC accused him of bearing personal responsibility for the abductions of children from Ukraine during…

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Central banks try to calm markets after UBS deal to buy Credit Suisse

Some of the world’s largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG (UBSG.S) to buy rival Credit Suisse Group AG (CSGN.S) in a historic deal. UBS will pay 3 billion Swiss francs ($3.23 billion) for 167-year-old Credit Suisse and assume up to $5.4 billion in losses in…

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Trump expects to be arrested Tuesday as New York law enforcement prepares for possible indictment

Former President Donald Trump said Saturday he expects to be arrested in connection with the investigation by the Manhattan District Attorney next week and called for protests as New York law enforcement prepares for a possible indictment. In a social media post on Saturday, Trump, referring to himself, said the “leading Republican candidate and former president of the United States will be…

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How deep is the rot in America’s banking industry?

Silicon Valley Bank may be the start of something grimmer Banking is a confidence trick. Financial history is littered with runs, for the straightforward reason that no bank can survive if enough depositors want to be repaid at the same time. The trick, therefore, is to ensure that customers never have cause to whisk away their cash. It is one…

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ICC issues Putin arrest warrant on Ukraine war crime allegations

The International Criminal Court (ICC) has issued an arrest warrant for Russian President Vladimir Putin over alleged war crimes in Ukraine, a move dismissed by Moscow as meaningless. The Hague-based court said in a statement on Friday the warrant was issued over Putin’s suspected involvement in the unlawful deportation and transfer of children from occupied areas of Ukraine to Russia. “There…

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Credit Suisse to borrow as much as $54bn from Swiss Central Bank

Credit Suisse said on Thursday that it plans to borrow as much as $54 billion from the Swiss central bank to improve its liquidity after the lender’s shares plunged to a new low. The bank will also access a “short-term liquidity facility” and will buy back about $3 billion in debt, it said in a statement released on its website.…

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Pope appoints Nigerian Archbishop Nwachukwu as new Secretary of Dicastery for Evangelization

Nigerian-born Archbishop Fortunatus Nwachukwu has been appointed as the Secretary of the Dicastery for Evangelization, Section for First Evangelization and the New Particular Churches. The Holy See Press Office announced the papal appointment on Wednesday. Archbishop Nwachukwu, the titular Archbishop of Acquaviva, has served since 17 December 2021 as the Holy See’s Permanent Observer to the United Nations and Specialized…

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Two detained South Sudan journalists reportedly freed

Two South Sudanese journalists detained over a video reportedly showing President Salva Kiir urinating on himself have been freed, a media lobby group said Wednesday as it demanded the release of two other colleagues. With the freeing of the two journalists, two others of the seven arrested in January remain in police custody over the video that went viral on…

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China lifts sweeping visa curbs on foreigners

China will once again start issuing a range of visas to foreigners from Wednesday, the country’s foreign ministry said, in a major easing of travel restrictions in place since the outbreak of the Covid-19 pandemic. The move marks the latest step towards reopening China to the outside world, as Beijing breaks with the strict zero-Covid strategy that defined its pandemic…

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