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Ukraine says peace summit communique takes Kyiv's positions into consideration Jun 16, 2024 06:32AM

KYIV (Reuters) - Kyiv's positions have been taken into consideration in the final communique for a summit of world leaders convened to pursue peace in Ukraine's war with Russia, Ukrainian Foreign Minister Dmytro Kuleba said on Sunday.

More than 90 countries took part in the two-day event at the Buergenstock resort in central Switzerland aimed at uniting global opinion on how to end Moscow's 27-month-old invasion.

"The text is balanced,... (continue reading...)


Swiss right-wing leader calls Ukraine summit an 'embarrassment' Jun 16, 2024 06:31AM

By Sabine Siebold

BUERGENSTOCK (Reuters) - A leading Swiss right-wing nationalist panned a summit his country was hosting in a bid to pressure Russia to end its war on Ukraine as an "embarrassment", reflecting the view that the talks are damaging for Switzerland's traditional neutrality.

The right-wing Swiss Peoples' Party (SVP), the biggest group in the lower house of parliament, says neutrality is an integral part of Switzerland's... (continue reading...)


China's Wuhan Tianyu says inclusion on US sanctions list may impact forex transactions Jun 16, 2024 06:08AM

BEIJING (Reuters) - China's Wuhan Tianyu Information Industry said on Sunday the U.S. including it on a sanctions list was a "unilateral" act that could affect the data security company's foreign exchange settlements.

The U.S. Treasury Department on Wednesday widened sanctions aimed at curbing Russia's war production in response to Moscow's invasion of Ukraine, targeting third-party entities, including dozens of suppliers of electronics in China.

... (continue reading...)
Former French President Sarkozy flags chaos risk as election looms Jun 16, 2024 05:41AM

PARIS (Reuters) - Former French President Nicolas Sarkozy warned on Sunday that President Emmanuel Macron's unexpected decision to dissolve the National Assembly and call for snap legislative elections could backfire and plunge the country into chaos.

Macron called the snap vote, to be held in two rounds on June 30 and July 7, after his centrist alliance was trounced by the far-right National Rally (RN) in last Sunday's European Parliament ballot.

... (continue reading...)
Conditions for rate cut emerging in South Korea, says presidential official Jun 16, 2024 04:39AM

SEOUL (Reuters) - Stabilising prices are creating an environment to cut rates in South Korea, a senior presidential official said on Sunday.

"(South Korea) is one of the countries with the most stable price levels compared to other countries globally," Sung Tae-yoon, policy chief for South Korean President Yoon Suk Yeol, told a public broadcaster KBS.

"Therefore, I believe an environment where rates can be lowered is being created," Sung... (continue reading...)


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