Iran seizes two Greek tankers amid row over US oil grab

DUBAI / ATHENS, May 27 (Reuters) – Iranian forces seized two Greek tankers in the Gulf on Friday, shortly after Tehran warned it would take “punitive action” against Athens over the confiscation of Iranian oil by the United States from a tanker held off the Greek coast. “The Revolutionary Guards Navy today seized two Greek … Read more

China strategy is about rules-based order, not ‘new Cold War,’ Blinken says

Blinken calls China the most serious challenge to global order In response, China says both stand to gain from cooperation WASHINGTON, May 26 (Reuters) – The United States will not block China from growing its economy, but wants it to adhere to international rules, Secretary of State Antony Blinken said on Thursday in a long-awaited … Read more

EXCLUSIVE US and Ukraine discuss danger of escalation as new arms extend Kyiv’s reach

WASHINGTON, May 26 (Reuters) – As the United States and its allies provide Ukraine with increasingly sophisticated arms, Washington has held discussions with Kyiv about the danger of escalation if it strikes deep inside Russia, US and diplomatic officials tell Reuters. The behind-the-scenes discussions, which are highly sensitive and have not been previously reported, do … Read more

EXCLUSIVE Russian hackers are linked to new Brexit leak website, Google says

WASHINGTON / LONDON, May 25 (Reuters) – A new website that published leaked emails from several leading proponents of Britain’s exit from the European Union is tied to Russian hackers, according to a Google cybersecurity official and the former head of UK foreign intelligence. The website – titled “Very English Coop d’Etat” – says it … Read more

Russia seeks to put stranglehold on twin Ukrainian cities

As war enters fourth month, Russia concentrates on east Russia tries to encircle Ukrainian troops in twin cities EU’s von der Leyen says Moscow weaponising food KYIV / SLOVYANSK, Ukraine, May 25 (Reuters) – Russian forces sought to encircle Ukrainian troops in twin eastern cities straddling a river as President Volodymyr Zelenskiy warned that Moscow … Read more

Russian and Chinese jets deliver pointed send-off on last day of Biden Asia trip

TOKYO / SEOUL / WASHINGTON, May 24 (Reuters) – Russian and Chinese bombers flew joint patrols near Japanese and South Korea air defense zones on Tuesday in a pointed farewell to US President Joe Biden as he concluded a trip to Asia that ranked Beijing. The patrols came hours after Biden angered China by saying … Read more

Record high US house prices, rising mortgages depress new home sales

A home under construction stands behind a “sold” sign in a new development in York County, South Carolina, US, February 29, 2020. REUTERS / Lucas Jackson Register now for FREE unlimited access to Register New home sales drop 16.6% in April Sales decline in all four regions Median home price surges 19.6% from year … Read more

Beijing ramps up COVID quarantines, Shanghai residents decry uneven rules

Beijing sends 1,800 to quarantine in Hebei – media Vice Premier Sun Chunlan says Beijing curbs cannot ease Shanghai stocks record biggest drop in a month Airbnb latest Western internet firm to exit China BEIJING / SHANGHAI, May 24 (Reuters) – Beijing stepped up quarantine efforts to end its month-old COVID outbreak as fresh signs … Read more

In a faceoff with Elon Musk, the SEC blinked

Judge’s remarks in 2019 knocked SEC’s confidence court would back them Core issue – what is “material” information – was left to Musk and Tesla to decide As some tweets went unvetted, the SEC opted to urge Musk to comply, rather than go to court The SEC was also uneasy about the risk of starting … Read more

Biden says no change on ‘strategic ambiguity’ as Taiwan overshadows Quad talks

TOKYO, May 24 (Reuters) – President Joe Biden said on Tuesday there was no change to a US policy of “strategic ambiguity” on Taiwan, a day after he angered China by saying he would be willing to use force to defend the democratic island. . The issue of Taiwan loomed over a meeting in Tokyo … Read more