India’s parliament was adjourned for a third day as the opposition sought to draw attention to what they describe as the close ties between Prime Minister Narendra Modi and billionaire Gautam Adani ahead of national elections due next year.
The downing of China’s alleged spy balloon marked the first time the F-22 Raptor fighter jet brought down an airborne target since it debuted in combat in Syria and Iraq almost a decade ago, defense analysts said.
The European Central Bank should actively fight inflation until people feel price stability in their everyday lives, according to Governing Council member Robert Holzmann.
Bank of England policy maker Catherine Mann has urged her fellow rate-setters to “stay the course” to carry on raising interest rates even though markets are betting on the approaching end of the most aggressive hiking cycle in three decades.
Chinese stocks extended losses as tension with the US over a suspected spy balloon triggered fears of economic retaliation by the Biden administration.
After years of tech stock dominance comes the painful process of moving onto something new.
China replaced its national weather chief just after the US revealed the balloon was flying over its territory, fueling speculation that the move was connected to Beijing’s claim it was a climate research vehicle.
The US sent divers to salvage what they believe is spy equipment from the Chinese balloon shot down off South Carolina, as pressure mounted on President Joe Biden to hit back at Beijing with new export controls on sensitive technology.
Health care workers are walking out in record numbers this week, crippling the National Health Service and piling pressure on Prime Minister Rishi Sunak to resolve multiple disputes over pay for public-sector workers.
China said a balloon that the Pentagon spotted over Latin America was blown off course, echoing an explanation for a vehicle seen over US military sites that the Biden administration has rejected.
