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China says 'bullying' tariff hike shows that some in US have lost their minds May 15, 2024 05:35AM

BEIJING (Reuters) - The U.S. move to raise tariffs on Chinese goods is a case of "typical bullying" and "shows that some people in the United States have reached the point of losing their minds," China's foreign minister said on Wednesday.

"The U.S.'s suppression of China does not prove that the U.S. is strong, but rather exposes that the U.S. has lost its self-confidence and is out of order," Minister Wang Yi said, according to state broadcaster... (continue reading...)


Boeing, Airbus need to do more to reduce new jet delays, Qatar Airways CEO says May 15, 2024 05:27AM

SEOUL (Reuters) - Planemakers Airbus and Boeing need to put more pressure on their suppliers to reduce the delivery delays of new aircraft that are hindering airlines' ability to meet travel demand, Qatar Airways CEO said on Wednesday.

"We are ... really trying our best to assist both Boeing and Airbus and try to find solutions for them to make sure they deliver," Badr Mohammed Al Meer said on a panel at the Qatar Economic Forum in Doha.

... (continue reading...)
EU urges Georgia to withdraw 'foreign agent' bill May 15, 2024 05:25AM

BRUSSELS (Reuters) - The European Union urged Georgia on Wednesday to withdraw its controversial "foreign agents" law and warned that the measure would set back the country's ambitions to join the bloc.

"The adoption of this law negatively impacts Georgia's progress on the EU path," said a statement from EU foreign policy chief Josep Borrell and Enlargement Commissioner Oliver Varhelyi.

"The choice on the way forward is in Georgia's... (continue reading...)


Irish welfare cuts will hit one in three Ukrainian refugees - minister May 15, 2024 05:18AM

DUBLIN (Reuters) - Ireland's decision to slash welfare payments for Ukrainian refugees in state accommodation will impact close to one third of the 86,000 people who fled Russia's invasion and remain in Ireland, Finance Minister Michael McGrath said on Wednesday.

The government decided on Tuesday to reduce the payment to 38.80 euros ($41.96) from 220 euros, following an identical cut for new arrivals in March that ministers said has resulted in a... (continue reading...)


Germany has almost 4 billion euros in frozen Russian assets, finance ministry says May 15, 2024 05:12AM

By Christian Kraemer

BERLIN (Reuters) - There are Russian assets worth 3.95 billion euros ($4.28 billion) currently frozen in Germany, according to a letter from the finance ministry seen by Reuters on Wednesday.

The figure includes assets of individuals and companies that were subject to sanctions following Russia's attack on Ukraine, as well as foreign assets of the Russian central bank.

"This sum is subject to... (continue reading...)


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