Turkey’s Erdogan discusses concerns with NATO hopefuls Sweden and Finland

Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register ISTANBUL, May 21 (Reuters) – Turkish President Tayyip Erdogan, who has objected to Sweden and Finland … Read more

Biden, South Korea’s Yoon vow to deter North Korea but offer COVID aid

SEOUL, May 21 (Reuters) – President Joe Biden and his new South Korean counterpart agreed on Saturday to hold bigger military drills and deploy more US weapons if necessary to deter North Korea, while offering to send COVID-19 vaccines and potentially meet Kim Jong An. Biden and Yoon Suk-yeol said their countries’ decades-old alliance needed … Read more

U.S., others walk out of APEC talks over Russia’s Ukraine invasion

BANGKOK, May 21 (Reuters) – Representatives of the United States and several other nations walked out of an Asia-Pacific trade ministers meeting in Bangkok on Saturday to protest Russia’s invasion of Ukraine, officials said. The walkout was “an expression of disapproval at Russia’s illegal war of aggression in Ukraine and its economic impact in the … Read more

Wall Street Week Ahead: As bear market looms, battered Wall St seeks elusive ‘Fed put’

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 21, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 20 (Reuters) – The Federal Reserve’s determination to raise interest rates until it squashes the highest inflation in decades is darkening … Read more

Factbox: The Great Rebrand: Western business reborn in Russia under new names

May 20 (Reuters) – McDonald’s Corp (MCD.N) is selling its restaurants in Russia to one of its current local licenses, who will reopen the branches under a new name yet to be decided – the most high-profile rebranding so far of companies extricating themselves from Russia. read more Scores of Western brands have said they … Read more

Ukraine’s Zelenskiy proposes formal deal on compensation from Russia

Ukraine’s President Volodymyr Zelenskiy speaks during a news conference with Canadian Prime Minister Justin Trudeau (not pictured), as Russia’s attack on Ukraine continues, in Kyiv, Ukraine May 8, 2022. REUTERS/Valentyn Ogirenko/File Photo Register now for FREE unlimited access to Reuters.com Register May 20 (Reuters) – Ukrainian President Volodymyr Zelenskiy on Friday proposed a formal deal … Read more

U.S. says Turkey’s approach to Sweden, Finland NATO bid not a bilateral topic

WASHINGTON, May 20 (Reuters) – Turkey’s approach to the NATO accession process of Sweden and Finland is not a bilateral issue between Washington and Ankara, the US State Department said on Friday, but added that Washington was speaking with Ankara and it remained confident that the dispute would be overcome. Finland and Sweden say they … Read more

U.S. slams China, U.N. rights chief, ahead of Xinjiang visit

UN High Commissioner for Human Rights Michelle Bachelet attends an event at the United Nations in Geneva, Switzerland, November 3, 2021. REUTERS/Denis Balibouse/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 20 (Reuters) – The United States is “deeply concerned” that China will restrict access on a visit by UN human … Read more

Is Russia fielding laser weapons in Ukraine? Pentagon does not think so

Participants are seen at the stand of Russian state nuclear agency Rosatom during the International military-technical forum “Army-2021” at Patriot Congress and Exhibition Center in Moscow Region, Russia August 23, 2021. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 20 (Reuters) – The Pentagon said on Friday there were no … Read more

Wall Street ends mixed after punishing week

Ross Stores plunges after cutting 2022 forecast S&P 500 +0.01%, Nasdaq -0.30%, Dow +0.03% May 20 (Reuters) – Wall Street ended mixed on Friday after a volatile session that saw Tesla slump and other growth stocks also lose ground. The S&P 500 and the Nasdaq logged their seventh straight week of losses, their longest losing … Read more