NEWSLETTER
Thursday / September 29Sep 29
Tuesday / June 7
Johnson survives confidence vote
UK Prime Minister Boris Johnson won Mondayt the backing of a majority of Tory MPs in a confidence vote. The PM won 59% of the vote.
BBC reports the vote means he is now immune from the ruling Conservatives' leadership challenge for at least a year.
In all, 211 Tory MPs voted they had confidence in the PM's leadership while 148 voted against him.
Discontent among Tory MPs gew since a highly critical report into lockdown parties in and near Downing Street during the Covid-19 pandemic was published last month.
The report laid bare the extent of Covid rule-breaking in Number 10, including at a birthday party Johnson was fined by the police for attending in June 2020.
EU-Russia spat at UN
Russia's UN ambassador has stormed out of a UN Security Council meeting after the European Council president blamed Russia's invasion of Ukraine for causing a global food crisis.
Charles Michel said Russia was using food supplies as a "stealth missile" against the developing world, forcing people into poverty. He added that he had seen for himself the millions of tons of grain stuck in the Ukrainian port of Odesa because of a naval blockade enforced by Russia.
Ukraine is a large exporter of cooking oil as well as cereals such as maize and wheat. Russia also exports vast amounts of grains as well as fertiliser. The lack of these exports has caused the price of alternatives to soar.
Russia’s blockade of key Ukrainian ports, which has stalled critical grain exports, has hurt people around the world, U.S. Secretary of State Antony Blinken said.
US warns of nuclear tests
A senior US diplomat warned Tuesday that North Korea would face a "swift and forceful" response should the recalcitrant regime press ahead with a widely anticipated nuclear test.
Deputy US Secretary of State Wendy Sherman issued the warning after she met with her South Korean counterpart, Cho Hyun-dong, in Seoul, to discuss the North's weekend missile launches and the possibility of it conducting what would be its seventh nuclear test.
"Any nuclear tests would be in complete violation of U.N. Security Council resolutions," Sherman told reporters. "There would be a swift and forceful response to such a test," she said as quoted by Yonhap.
Sherman added, "The entire world will respond in a strong and clear manner. We are prepared."
US stocks
Stocks moved slightly higher on Monday following a jump in Treasury yields.
The tech-heavy Nasdaq Composite rose 0.40%, and the S&P 500 gained 0.31%. The Dow Jones Industrial Average perked up 16.08 points, or less than 0.1%. The Dow was up more than 300 points earlier in the session, but the market gave up some of its gains as the day progressed and the 10-year Treasury yield pushed above 3%.
Investor sentiment got a boost after China rolled back some Covid-related restrictions.
UK Prime Minister Boris Johnson won Mondayt the backing of a majority of Tory MPs in a confidence vote. The PM won 59% of the vote.
BBC reports the vote means he is now immune from the ruling Conservatives' leadership challenge for at least a year.
In all, 211 Tory MPs voted they had confidence in the PM's leadership while 148 voted against him.
Discontent among Tory MPs gew since a highly critical report into lockdown parties in and near Downing Street during the Covid-19 pandemic was published last month.
The report laid bare the extent of Covid rule-breaking in Number 10, including at a birthday party Johnson was fined by the police for attending in June 2020.
EU-Russia spat at UN
Russia's UN ambassador has stormed out of a UN Security Council meeting after the European Council president blamed Russia's invasion of Ukraine for causing a global food crisis.
Charles Michel said Russia was using food supplies as a "stealth missile" against the developing world, forcing people into poverty. He added that he had seen for himself the millions of tons of grain stuck in the Ukrainian port of Odesa because of a naval blockade enforced by Russia.
Ukraine is a large exporter of cooking oil as well as cereals such as maize and wheat. Russia also exports vast amounts of grains as well as fertiliser. The lack of these exports has caused the price of alternatives to soar.
Russia’s blockade of key Ukrainian ports, which has stalled critical grain exports, has hurt people around the world, U.S. Secretary of State Antony Blinken said.
US warns of nuclear tests
A senior US diplomat warned Tuesday that North Korea would face a "swift and forceful" response should the recalcitrant regime press ahead with a widely anticipated nuclear test.
Deputy US Secretary of State Wendy Sherman issued the warning after she met with her South Korean counterpart, Cho Hyun-dong, in Seoul, to discuss the North's weekend missile launches and the possibility of it conducting what would be its seventh nuclear test.
"Any nuclear tests would be in complete violation of U.N. Security Council resolutions," Sherman told reporters. "There would be a swift and forceful response to such a test," she said as quoted by Yonhap.
Sherman added, "The entire world will respond in a strong and clear manner. We are prepared."
US stocks
Stocks moved slightly higher on Monday following a jump in Treasury yields.
The tech-heavy Nasdaq Composite rose 0.40%, and the S&P 500 gained 0.31%. The Dow Jones Industrial Average perked up 16.08 points, or less than 0.1%. The Dow was up more than 300 points earlier in the session, but the market gave up some of its gains as the day progressed and the 10-year Treasury yield pushed above 3%.
Investor sentiment got a boost after China rolled back some Covid-related restrictions.
