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EU’s toughest Russia sanctions yet snag on worries over oil ban

4 May 2022

By Francesco Guarascio and John Chalmers STRASBOURG (Reuters) -The European Union’s executive on Wednesday proposed the toughest package of sanctions yet against Moscow for its war in Ukraine, but several countries worried about the impact of cutting off Russia oil imports stood in the way of agreement. The new punishments, announced by European Commission President …

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N.Korea fires ballistic missile as South gets ready for new president

4 May 2022

By Soo-hyang Choi and Hyonhee Shin SEOUL (Reuters) – North Korea fired a ballistic missile toward the sea off its east coast on Wednesday, South Korea and Japan said, about a week after Pyongyang vowed to develop its nuclear forces “at the fastest possible speed”. The North’s 14th known weapons test this year comes days …

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U.S. condemns North Korea missile launch, says no immediate threat

4 May 2022

WASHINGTON (Reuters) – The United States condemned North Korea’s ballistic missile launch on Wednesday and urged Pyongyang to refrain from further destabilizing actions, the U.S. military said in a statement. “While we have assessed that this event does not pose an immediate threat to U.S. personnel, territory, or that of our allies, we will continue …

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Protesters demand resignation of Armenian PM, opposition walks out

4 May 2022

TBILISI (Reuters) – Protesters demanded the resignation of Armenian Prime Minister Nikol Pashinyan on Wednesday and opposition lawmakers walked out of parliament as pressure mounted against the embattled politician. After blocking major roads in the capital Yerevan, demonstrators rallied outside parliament to voice their discontent while Pashinyan was speaking inside. Protesters brandishing tricolour Armenian flags …

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Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

4 May 2022

By Josh Ye HONG KONG (Reuters) – Shanghai residents are turning to the blockchain to preserve memories of the city’s month-long COVID-19 lockdown, minting videos, photos and artworks capturing their ordeal as non-fungible tokens to ensure they can be shared and avoid deletion. Unable to leave their homes for weeks at a time, many of …

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Sri Lanka to replace ‘unrealistic’ budget, in talks to extend World Bank aid

4 May 2022

By Uditha Jayasinghe and Alasdair Pal COLOMBO (Reuters) -Sri Lanka plans to replace its current “unrealistic” budget and is in talks with the World Bank to extend its support by $300 million to $700 million, the country’s finance minister said on Wednesday. The island nation, hit hard by COVID-19 and short of revenue after steep …

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Russia fires more rockets at steel plant, some evacuees reach safety

3 May 2022

By Joseph Campbell and Alessandra Prentice ZAPORIZHZHIA, Ukraine (Reuters) -Russia unleashed rockets on Tuesday on an encircled steel works in Mariupol, Ukraine’s last redoubt in the port city, after a ceasefire broke down with some civilians still trapped beneath the sprawling site despite a U.N.-brokered evacuation. However, scores of evacuees who managed to leave under …

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U.S. relieved as China appears to heed warnings on Russia

3 May 2022

By Steve Holland, Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) – Two months after warning that Beijing appeared poised to help Russia in its fight against Ukraine, senior U.S. officials say they have not detected overt Chinese military and economic support, a welcome development in the tense U.S.-China relationship. U.S. officials told Reuters in recent …

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