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  • US inflation slips from 40-year peak but remains high 8.5% Aug 10, 2022 06:35 PM IST

    US inflation slips from 40-year peak but remains high 8.5%

    Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.

  • US President Biden will expedite India-specific CAATSA sanctions waiver because he has the political mileage: Ro Khanna Aug 10, 2022 09:13 AM IST

    US President Biden will expedite India-specific CAATSA sanctions waiver because he has the political mileage: Ro Khanna

    Asserting that US President Joe Biden will expedite the waiver because he has the political capital and the support of 300 members of Congress, an influential Indian-American Democratic Congressman referred to the recent India-specific CAATSA sanctions waiver by the US House of Representatives as the most important vote since the civilian nuclear deal.

  • Joe Biden formalises US support for Finland, Sweden joining NATO Aug 10, 2022 06:40 AM IST

    Joe Biden formalises US support for Finland, Sweden joining NATO

    “In seeking to join Nato, Finland and Sweden are making a sacred commitment that an attack against one is an attack against all," Biden said at the signing as he called the partnership the “indispensable alliance.”

  • US approves $89 million in aid to clear landmines, ordnance in Ukraine Aug 10, 2022 06:30 AM IST

    US approves $89 million in aid to clear landmines, ordnance in Ukraine

    The funding is the largest U.S. de-mining program yet in Ukraine, and the official compared Ukraine's challenge to attempts to disarm unexploded ordnance in Vietnam, Cambodia and Laos following the American war of the 1960s and 70s in Southeast Asia.

  • U.S. accuses Chinese company of helping ZTE hide business with Iran -Commerce Dept Aug 09, 2022 05:29 PM IST

    U.S. accuses Chinese company of helping ZTE hide business with Iran -Commerce Dept

    According to the Commerce Department, the United States on Tuesday accused Far East Cable, the biggest producer of wire and cable in China, of breaking export laws by sending products to Iran.

  • Continue to hold drills around Taiwan today: China military Aug 09, 2022 10:59 AM IST

    Continue to hold drills around Taiwan today: China military

    The Eastern Theater Command of the Chinese People's Liberation Army said on Tuesday that it continued to hold military drills and exercises in the seas and airspace around the island of Taiwan, with a focus on blockades and resupply logistics.

  • China seeks excuses for military drills, and used Nancy Pelosi's visit: Taiwan minister Aug 09, 2022 09:34 AM IST

    China seeks excuses for military drills, and used Nancy Pelosi's visit: Taiwan minister

    Joseph Wu said China would not have been able to prepare the drones, cyberattacks and misinformation campaigns in such a short period of time.

  • Why India produces twice as many women airline pilots as the US Aug 09, 2022 09:25 AM IST

    Why India produces twice as many women airline pilots as the US

    Three decades after Bhasin’s career began, female pilots are no longer a rarity in India, making the country a success story when it comes to diversity in the airline industry.

  • US doubling down on investment in the Pacific: Senior diplomat Aug 09, 2022 09:14 AM IST

    US doubling down on investment in the Pacific: Senior diplomat

    Sherman said in a news conference in Wellington it was important for the United States to engage in the Pacific and that senior U.S. leaders believe "the future will be written here in the Pacific" without elaborating on what the future could hold.

  • Asia stocks wobble as focus turns to US inflation data, Fed outlook Aug 09, 2022 09:08 AM IST

    Asia stocks wobble as focus turns to US inflation data, Fed outlook

    The unexpectedly strong U.S. jobs data on Friday have raised the stakes for the July U.S. consumer prices report due on Wednesday, especially for the Fed's policy outlook.

  • World Bank says mobilizing $4.5 billion US grant for Ukraine Aug 09, 2022 06:42 AM IST

    World Bank says mobilizing $4.5 billion US grant for Ukraine

    The grant, arranged by the U.S. Treasury and the U.S. Agency for International Development and administered through the World Bank, was first reported by Reuters.

  • No change in US assessment on China timeline for Taiwan, official says Aug 09, 2022 06:39 AM IST

    No change in US assessment on China timeline for Taiwan, official says

    China announced new military drills around Taiwan on Monday, drawing concern from U.S. President Joe Biden, a day after the scheduled end of Beijing's largest military exercises in the area to protest last week's visit to the island by U.S. House Speaker Nancy Pelosi.

  • US seeks to seize $90 million plane owned by Russian oligarch Aug 09, 2022 06:38 AM IST

    US seeks to seize $90 million plane owned by Russian oligarch

    Skoch, a member of the Duma, the lower house of the Russian parliament, was initially sanctioned by the U.S. Treasury Department in 2018 for alleged ties to Russian organized criminal groups. Treasury's Office of Foreign Assets Control (OFAC) issued further sanctions against Skoch in the wake of Russia's Feb. 24 invasion of Ukraine.

  • US to send Ukraine $5.5 billion in new fiscal, military aid Aug 09, 2022 06:31 AM IST

    US to send Ukraine $5.5 billion in new fiscal, military aid

    The $4.5 billion budgetary grant will fund urgent government needs including payments for pensions, social welfare and healthcare costs, bringing total U.S. fiscal aid for Ukraine to $8.5 billion since Russia's February invasion, the U.S. Agency for International Development said.

  • US-based Indian organisation endorses Rishi Sunak for UK PM Aug 09, 2022 06:18 AM IST

    US-based Indian organisation endorses Rishi Sunak for UK PM

    The race to elect a new Conservative Party leader, who will take charge as British Prime Minister early next month, heated up on Monday as the two finalists Sunak and Liz Truss clashed over their proposals to tackle the soaring cost-of-living crisis in the country.

  • China stages fresh military drills around Taiwan Aug 08, 2022 07:22 PM IST

    China stages fresh military drills around Taiwan

    China’s Eastern Theatre Command said it would conduct joint drills focusing on anti-submarine and sea assault operations – confirming the fears of some security analysts and diplomats that Beijing would continue to maintain pressure on Taiwan’s defences.

  • In a first, US naval ship arrives in Indian shipyard for repair Aug 08, 2022 07:44 AM IST

    In a first, US naval ship arrives in Indian shipyard for repair

    The defence ministry described it as a "huge boost" to 'Make in India' and said the visit added a new dimension to the burgeoning Indo-US strategic partnership.

  • Asia shares subdued, dollar encouraged by US rate risk Aug 08, 2022 06:17 AM IST

    Asia shares subdued, dollar encouraged by US rate risk

    Markets quickly moved to price around a 70% chance the Federal Reserve will lift rates by 75 basis points in September, sending two-year yields up 20 basis points on Friday and further inverting the curve.

  • Taiwan is not a part of U.S. but Chinese territory, says Chinese foreign minister Aug 07, 2022 08:25 PM IST

    Taiwan is not a part of U.S. but Chinese territory, says Chinese foreign minister

    The United States has been engaging in "sophistry” on the Taiwan question, and China’s actions on Taiwan have been just, appropriate and legal, as well as being aimed at safeguarding the country’s sacred sovereignty and territorial integrity, Wang said during a visit to Bangladesh.

  • MC Travel Special | A weekend in Key West, Florida Aug 06, 2022 06:18 PM IST

    MC Travel Special | A weekend in Key West, Florida

    Visit Ernest Hemingway's home, drive down Seven Mile Bridge that connects some of the popular islands, and other unforgettable experiences along the Florida Keys.

  • Chinese fighter jets and warships crossed median line, says Taiwan Aug 05, 2022 10:37 AM IST

    Chinese fighter jets and warships crossed median line, says Taiwan

    "As of 11am, multiple batches of Chinese warplanes and warships conducted exercises around the Taiwan Strait and crossed the median line of the strait," the defence ministry said in a statement.

  • Taiwan tensions reveal challenges for US navy as Chinese threat grows Aug 05, 2022 10:12 AM IST

    Taiwan tensions reveal challenges for US navy as Chinese threat grows

    U.S. military officials repeatedly talk of "routine" patrols to support a "free and open Indo-Pacific" but the realities are increasingly challenging amid the worst Taiwan tensions since 1996, according to diplomats, military attaches and security analysts.

  • Japan PM Fumio Kishida meets Nancy Pelosi, calls China drills 'grave problem' Aug 05, 2022 09:13 AM IST

    Japan PM Fumio Kishida meets Nancy Pelosi, calls China drills 'grave problem'

    Fumio Kishida, speaking after breakfast with US House Speaker Nancy Pelosi and her congressional delegation, said the missile launches need to be stopped immediately.

  • US will 'not allow' China to isolate Taiwan, trip 'not about changing status quo: Nancy Pelosi Aug 05, 2022 08:07 AM IST

    US will 'not allow' China to isolate Taiwan, trip 'not about changing status quo: Nancy Pelosi

    Nancy Pelosi told reporters that her visits to Asian countries including Taiwan were "not about changing the status quo" in the region.

  • Taliban say investigating US claim of killing al Qaeda leader Aug 04, 2022 11:01 AM IST

    Taliban say investigating US claim of killing al Qaeda leader

    The United States killed Zawahiri with a missile fired from a drone while he stood on a balcony at his Kabul hideout on Sunday, U.S. officials said, in the biggest blow to the militants since Osama bin Laden was shot dead more than a decade ago.

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