G7 leaders on Monday called for “de-escalation” in the Middle East starting with the Israel-Iran conflict, as US President Donald Trump hastily left the group’s summit.Trump, who was making his return to the international diplomatic calendar, departed the gathering in the Canadian Rockies a day early as ally Israel pounded Iran.After a day of statements …
G7 urges Iran de-escalation as Trump makes hasty summit exit Read More »
The Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of government bonds at a slower pace amid concerns about the effect of trade uncertainty on the world’s number four economy.The central bank spent years buying up Japanese Government Bonds (JGBs) to keep yields low as part of an …
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Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.Hopes that the deadly conflict can be contained helped most equities rise, while the US president’s earlier claim that the Islamic republic wanted to make a nuclear …
Oil prices jump after Trump’s warning, stocks extend gains Read More »
Chinese President Xi Jinping will meet Central Asian leaders at a summit in Kazakhstan on Tuesday, his second trip to the region in under a year as Beijing competes with Russia for influence there.The summit in the Kazakh capital brings together Xi — who arrived in Astana on Monday — and the leaders of Kazakhstan, …
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World leaders at the Group of Seven summit in Canada on Monday pushed US President Donald Trump to back away from his punishing trade war, arguing that it poses a risk to global economic stability.At a summit where host Canada worked to avoid stoking Trump’s anger, and with attention on events in the Middle East, …
Stocks rose and oil prices retreated Monday as fears of a wider Middle East conflict eased even as Israel and Iran pounded each other with missiles for a fourth day.The dollar dipped against the euro and pound, while safe-haven gold declined slightly.”As things stand, investors seem less fearful than they were going into the weekend …
Oil prices drop, stocks climb as Iran-Israel war fears ease Read More »
A Mali court ruled Monday that western gold mines held by Canadian giant Barrick would be managed for six months by an appointee, effectively stripping operation of one of the world’s largest gold complexes from the firm.The decision allows Mali’s military government to appoint a new administrator in charge of the Loulo-Gounkoto complex and comes …
Mali court strips Canadian giant Barrick of gold mine operation for six months Read More »
US President Donald Trump on Monday warned Iran, which Israel is pounding, to re-enter negotiations “before it’s too late” as Group of Seven leaders considered a joint call for de-escalation.Host Canada had designed the summit in the Rockies resort of Kananaskis to paper over differences within the bloc of major industrial democracies, as Trump returns …
Trump urges Iran to talk as G7 looks for common ground Read More »
A Canadian wildfire that threatened a community near Vancouver was being contained Monday, authorities said, with favorable weather conditions in another region allowing thousands of evacuees to return home. Residents of British Columbia’s Squamish district, which is just 64 kilometers (40 miles) north of the major city of Vancouver, had been on standby to evacuate as …
Electric fences, drones, thermal cameras and police dogs have all been deployed at the G7 summit in the Canadian Rockies to protect world leaders from hungry bears.US President Donald Trump, Italy’s Giorgia Meloni and France’s Emmanuel Macron are among leaders gathered Monday at a remote mountain lodge for talks — uninterrupted, if all goes to …
Electric fences, drones, dogs protect G7 leaders from bear attack Read More »
