The Wild Man of Argentina Bends to the Reality of Dependence on China

The Wild Man of Argentina Bends to the Reality of Dependence on China

Welcome to Balance of Power, bringing you the latest in global politics. If you haven’t yet, sign up here. Javier Milei need only lean out the window of the presidential palace in downtown Buenos Aires to be confronted with Argentina’s ties to China. Source link

US May Revoke Houthi Terrorist Label If Red Sea Ship Attacks Stop

US May Revoke Houthi Terrorist Label If Red Sea Ship Attacks Stop

The US said it would consider revoking its recent designation of Yemen’s Houthis as terrorists if the Iran-backed militants cease their shipping attacks in and around the Red Sea. “My hope is that we can find diplomatic off-ramps,” Tim Lenderking, President Joe Biden’s special envoy for Yemen, told reporters in an online press briefing on … Read more

NATO Proposes $100 Billion, Five-Year Fund to Aid Ukraine

NATO Proposes $100 Billion, Five-Year Fund to Aid Ukraine

NATO Secretary General Jens Stoltenberg is proposing to establish a fund of allied contributions worth $100 billion over five years for Ukraine as part of a package for alliance leaders to sign off when they gather in Washington in July. Allies are still discussing Stoltenberg’s proposal and any mechanics of the accounting, including whether to … Read more

Trump, Biden could clinch 2024 nomination after today’s Republican and Democratic primaries in Washington, Georgia, Mississippi

Trump, Biden could clinch 2024 nomination after today’s Republican and Democratic primaries in Washington, Georgia, Mississippi

Former President Donald Trump may be able to clinch the Republican presidential nomination on Tuesday, after results are in from the four GOP voting contests taking place in Georgia, Washington, Mississippi and Hawaii. President Biden may also clinch the nomination on Tuesday.  Republicans Georgia, Mississippi and Washington will hold primaries, while Hawaii is holding GOP … Read more

Venezuela Flouts US-Brokered Deal, Pressing Biden to Reimpose Sanctions

Venezuela Flouts US-Brokered Deal, Pressing Biden to Reimpose Sanctions

Venezuela set new conditions for elections this year, flouting a US-brokered agreement and potentially triggering tougher sanctions by Washington. The changes could bring forward the date of vote and weaken guarantees of international monitoring, according to the definitive document with the proposals. President Nicolás Maduro’s government signed the new deal during a meeting with allies … Read more

World Economy Latest: The Perils Behind a Single-Engined Global Growth

World Economy Latest: The Perils Behind a Single-Engined Global Growth

I’m Enda Curran, senior economics reporter in Washington, and today we’re looking at the implications of US economic exceptionalism. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. Plentiful jobs, confident consumers, sustained … Read more

US Stock Market Holiday List for 2024 – Investing Abroad News

US Stock Market Holiday List for 2024 – Investing Abroad News

2024 is off to a great start for the stock market, as seen by the Nasdaq, S&P 500, and Dow Jones Industrial Average all setting new records in February. Presidents’ Day, also known as Washington’s Birthday, is the next holiday on the NYSE and Nasdaq calendars. It falls on Monday, February 19, just as the … Read more

Turkish Parliament Votes to Ratify Sweden’s Entry Into NATO

Turkish Parliament Votes to Ratify Sweden’s Entry Into NATO

Turkey’s parliament approved Sweden’s accession to NATO after months of deliberations, leaving Hungary as the lone holdout to the defense alliance’s northern enlargement. The parliament plenary in Ankara voted 287 to 55 to accept Sweden’s application on Tuesday, sending the document back to President Recep Tayyip Erdogan for a final sign off before it can … Read more

Winter storms: East and West coasts prepare for new rounds of snow and ice

Winter storms: East and West coasts prepare for new rounds of snow and ice

PORTLAND, Ore. (AP) — Two weeks of storms that have turned roads into icy death traps, frozen people to death from Oregon to Tennessee and caused power outages that could take weeks to fix continued to sock both coasts with another round of weather chaos on Friday. The rain, snow, wind and bitterly cold temperatures … Read more