Category: Western Media

Taiwan’s President Tsai Ing-wen vowed on Saturday to maintain the status quo of peace and stability across the Taiwan Strait amid high tensions with China, which has stepped up military pressure on the democratically governed island. Taiwan will not provoke and will not bow to Chinese pressure, Tsai said in a speech in the presidential office in Taipei marking the seventh anniversary of her governance. China, which considers Taiwan as its own and threatens to bring the island under its…

NEW YORK – When Ms Raegan Zelaya and Mr Shua Wilmot decided to include their pronouns at the end of their work e-mails, they thought they were doing a good thing: following what they viewed as an emerging professional standard and also sending a message of inclusivity at the Christian university where they worked. But their bosses at Houghton University, in upstate New York, saw the matter very differently. Administrators at Houghton, which was founded and is now owned by…

Leaders of the Group of Seven advanced economies are generally united in voicing concern about China. The question is how to translate that worry into action. Over the past two years, President Joe Biden’s administration has sought to reframe the relationship with Beijing and build support among like-minded nations for a strong response to what officials in Washington and some other Western democracies say is “economic coercion.” But the G7 also needs to cooperate with China on broader global issues…

The Russian branch of environmental group Greenpeace on Friday said it would shut down after authorities declared the group an “undesirable organization”, effectively banning it from operating. In a statement, Russia’s Prosecutor General said Greenpeace had tried to “interfere in the internal affairs of the state” and was “engaged in anti-Russian propaganda” by calling for sanctions against Moscow. The label “undesirable” has been applied to dozens of foreign groups since Moscow began using the classification in 2015, and effectively bans…

WASHINGTON – The United States on Friday announced sanctions on more than 300 targets as Group of Seven leaders met in Japan, aiming to punish Russia for its invasion of Ukraine and intensifying one of the harshest sanctions efforts ever implemented. The move, which targets Russia’s sanctions evasion, future energy revenues and military-industrial supply chains, marks the latest sanctions and export controls targeting Moscow, which have already hit thousands of targets and imposed steep curbs on Russia. “Today’s actions will…

LONDON – Tesco chairman John Allan will step down at the group’s annual shareholders’ meeting next month, with Britain’s biggest retailer saying claims of inappropriate behaviour against him risked becoming a distraction to the business. One of Britain’s highest-profile corporate names, Mr Allan, 74, is often featured in British media commenting on retail and general business matters. He has chaired Tesco since 2015 and also chairs housebuilder Barratt Developments, where he is due to step down in September. The supermarket…

MOSCOW – Russia has issued an arrest warrant for the International Criminal Court (ICC) prosecutor who in March prepared a warrant for President Vladimir Putin on war crimes charges, Russian media reported on Friday. The British prosecutor, Karim Khan, was added to the Interior Ministry’s wanted list, state-owned news agency TASS said, citing the ministry’s database. Moscow opened cases against Khan and three ICC judges on March 20, days after the order for Putin’s arrest. The ICC and its office…

LONDON – Britain on Friday published plans to ban imports of Russian diamonds, copper, aluminium and nickel and slap a new wave of sanctions against Russia, targeting companies connected to the alleged theft of Ukrainian grain. Along with the United States, Britain and other Group of Seven (G-7) major economies are set to unveil sanctions and export controls targeting Russia over its war against Ukraine at a summit in Japan this weekend. “We will legislate later this year to ban…

GENEVA – Rising temperatures are making it increasingly difficult to reach global health goals. There is a risk of more than nine million climate-related deaths each year by the end of the century, according to the World Health Organisation (WHO). “All aspects of health are affected by climate change – from clean air, water and soil to food systems and livelihoods,” the WHO said in its annual World Health Statistics report released on Friday. “Further delay in tackling climate change…

SINGAPORE – Singapore sovereign wealth fund GIC has tied up with Brookfield India Real Estate Investment Trust (Reit) to acquire two prime commercial real estate assets in India for a combined enterprise value of around US$1.4 billion (S$1.89 billion). The assets, to be acquired from Brookfield Asset Management’s private real estate funds, have a total area of 6.5 million square feet. They include commercial properties in Downtown Powai, a mixed-use development in Mumbai, and Candor TechSpace in Sector 48 of…

BEIJING – China is considering transferring government ownership in the nation’s biggest bad debt managers to a unit of its sovereign wealth fund as part of a financial regulatory regime overhaul, according to people familiar with the matter. Under the current proposal, the Ministry of Finance will move its stakes in China Cinda Asset Management, China Great Wall Asset Management and China Orient Asset Management to Central Huijin Investment, said the people, asking not to be identified. China Investment Corp…

Penguin Random House, the largest publisher in the U.S., has sued a Florida county school board over its decisions to ban and restrict access to books. Joining the lawsuit are five authors, two parents of students and the advocacy group PEN America. A new federal lawsuit alleges that recent decisions by officials in a Florida county to ban and restrict access to books in school libraries violates constitutional rights to free speech and equal protection under the law. Over the…

  WASHINGTON – The Pentagon overestimated the value of the ammunition, missiles and other equipment it sent to Ukraine by around US$3 billion (S$4.05 billion), a Senate aide and a defense official said on Thursday, an error that may lead the way for more weapons being sent to Kyiv for its defense against Russian forces. The error was the result of assigning a higher than warranted value on weaponry that was taken from US stocks and then shipped to Ukraine,…

  LONDON – Ukraine has rejected a Chinese suggestion to consider an immediate ceasefire in the country’s war with Russia. In a statement issued on Wednesday after a day of closed-door meetings with Ambassador Li Hui, China’s special mediator in the conflict, Ukrainian Foreign Minister Dmytro Kuleba said: “Ukraine does not accept any proposals that would involve the loss of its territories or the freezing of the conflict.” The failed diplomatic effort comes just as the war is growing in…

LONDON – Governments are increasingly focusing on health risks fuelled by global warming, with most nations now considering concerns from malaria to heart disease in their climate plans, according to data shared exclusively by the World Health Organisation (WHO). More than 90 per cent of countries have included health hazards in their commitments to tackle climate change, known as nationally determined contributions (NDCs), up from 70 per cent in 2020, according to new WHO data set to be released in…

BENGALURU – Deutsche Bank has agreed to pay US$75 million (S$100.6 million) to settle a proposed class-action lawsuit alleging the lender facilitated the late Jeffrey Epstein’s sex-trafficking ring, The Wall Street Journal reported late on Wednesday, citing lawyers who sued the bank on behalf of alleged victims.

The suit was filed in 2022 in New York by an anonymous woman on behalf of herself and other accusers, alleging Deutsche Bank did business with Epstein for five years knowing he was engaged in sex-trafficking activity, the report said.

Deutsche Bank did not immediately reply to a Reuters’ request for comment. REUTERS