NEWSLETTER
Thursday / September 29Sep 29
Wednesday / September 7
Ukraine nuclear crisis
United Nations Secretary-General Antonio Guterres urged Russia and Ukraine on Tuesday to agree a demilitarized perimeter around the Russian-held Zaporozhzhia nuclear power plant in Ukraine.
"As a first step, Russian and Ukrainian forces must commit not to engage in any military activity towards the plant site or from the plant site. " Guterres told the U.N. Security Council.
"As a second step, an agreement on a demilitarized perimeter should be secured. Specifically, that would include a commitment by Russian forces to withdraw all military personnel and equipment from that perimeter and a commitment by Ukrainian forces not to move into it," he told the 15-member body.
The International Atomic Energy Agency (IAEA) on Tuesday called for a security zone around Europe's biggest nuclear power station, saying its experts had found extensive damage at the plant on the front in the war.
Russia-North Korea military ties
Russia's potential purchase of weapons from North Korea as a result of the Ukraine war could include millions of rounds of ammunition, but there is no indication the deal has been concluded, the White House said on Tuesday.
"Our sense is it could include literally millions of rounds, rockets and artillery shells from North Korea," said John Kirby, the White House national security spokesperson.
Truss vows energy policy
Britain’s new prime minister, Liz Truss, made her first speech Tuesday, promising to tackle rising energy bills and the cost-of-living crisis in the next couple of days.
“I will deal with the energy crisis caused by Putin’s war. I will take action this week to deal with energy bills and to secure our future energy supply,” Truss told reporters.
Truss also said she had a “bold plan” to grow the economy through tax cuts and reform that would “boost business-led growth and investment.”
Truss was officially appointed as prime minister of the U.K. on Tuesday morning following a meeting with Queen Elizabeth II at Balmoral Castle in Scotland.
Truss already started assembling her Cabinet, appointing Kwasi Kwarteng as finance minister, James Cleverly as foreign minister and Suella Braverman as interior minister.
Post-Brexit ties
Liz Truss is to pull back from an early confrontation with the EU over post-Brexit trading rules with Northern Ireland, with Brussels and Dublin hoping for a narrow “opportunity” to reset relations with the new prime minister.
Truss’s allies say the new premier will not activate the emergency Article 16 override provisions in the Northern Ireland protocol in the coming weeks, a move EU diplomats say would have been seen as “a provocative act”.
One ally of Truss said: “I’d be surprised if we go down the Article 16 route, although we’re not ruling anything out.”
Biden wants to meet Xi
US President Joe Biden said he would “see” Chinese President Xi Jinping if he attends the upcoming G-20 Summit in November.
“If he’s there, I’m sure I’ll see him,” Biden said Tuesday when asked if he would meet with Xi.
The summit, to be held on Indonesia’s tourist island of Bali this year, is the annual gathering of the world’s largest economies. Both Xi and Russian President Vladimir Putin are planning to attend the conference, Indonesian President Joko Widodo said.
US stocks
US stocks slumped on Tuesday in a volatile trading session amidst Federal Reserve’s aggressive tightening campaign.
The Dow Jones Industrial Average fell 173.14 points, or 0.55%, to close at 31,145.30. The S&P 500 slipped 0.41% to 3,908.19. The Nasdaq Composite slid 0.74% to 11,544.
United Nations Secretary-General Antonio Guterres urged Russia and Ukraine on Tuesday to agree a demilitarized perimeter around the Russian-held Zaporozhzhia nuclear power plant in Ukraine.
"As a first step, Russian and Ukrainian forces must commit not to engage in any military activity towards the plant site or from the plant site. " Guterres told the U.N. Security Council.
"As a second step, an agreement on a demilitarized perimeter should be secured. Specifically, that would include a commitment by Russian forces to withdraw all military personnel and equipment from that perimeter and a commitment by Ukrainian forces not to move into it," he told the 15-member body.
The International Atomic Energy Agency (IAEA) on Tuesday called for a security zone around Europe's biggest nuclear power station, saying its experts had found extensive damage at the plant on the front in the war.
Russia-North Korea military ties
Russia's potential purchase of weapons from North Korea as a result of the Ukraine war could include millions of rounds of ammunition, but there is no indication the deal has been concluded, the White House said on Tuesday.
"Our sense is it could include literally millions of rounds, rockets and artillery shells from North Korea," said John Kirby, the White House national security spokesperson.
Truss vows energy policy
Britain’s new prime minister, Liz Truss, made her first speech Tuesday, promising to tackle rising energy bills and the cost-of-living crisis in the next couple of days.
“I will deal with the energy crisis caused by Putin’s war. I will take action this week to deal with energy bills and to secure our future energy supply,” Truss told reporters.
Truss also said she had a “bold plan” to grow the economy through tax cuts and reform that would “boost business-led growth and investment.”
Truss was officially appointed as prime minister of the U.K. on Tuesday morning following a meeting with Queen Elizabeth II at Balmoral Castle in Scotland.
Truss already started assembling her Cabinet, appointing Kwasi Kwarteng as finance minister, James Cleverly as foreign minister and Suella Braverman as interior minister.
Post-Brexit ties
Liz Truss is to pull back from an early confrontation with the EU over post-Brexit trading rules with Northern Ireland, with Brussels and Dublin hoping for a narrow “opportunity” to reset relations with the new prime minister.
Truss’s allies say the new premier will not activate the emergency Article 16 override provisions in the Northern Ireland protocol in the coming weeks, a move EU diplomats say would have been seen as “a provocative act”.
One ally of Truss said: “I’d be surprised if we go down the Article 16 route, although we’re not ruling anything out.”
Biden wants to meet Xi
US President Joe Biden said he would “see” Chinese President Xi Jinping if he attends the upcoming G-20 Summit in November.
“If he’s there, I’m sure I’ll see him,” Biden said Tuesday when asked if he would meet with Xi.
The summit, to be held on Indonesia’s tourist island of Bali this year, is the annual gathering of the world’s largest economies. Both Xi and Russian President Vladimir Putin are planning to attend the conference, Indonesian President Joko Widodo said.
US stocks
US stocks slumped on Tuesday in a volatile trading session amidst Federal Reserve’s aggressive tightening campaign.
The Dow Jones Industrial Average fell 173.14 points, or 0.55%, to close at 31,145.30. The S&P 500 slipped 0.41% to 3,908.19. The Nasdaq Composite slid 0.74% to 11,544.
