US, European stocks rebound after selloff

London, Sept 29 (AFP/APP):US and European stock markets rebounded Wednesday, a day after a selloff over a slew of concerns including high energy prices, rising bond yields and the threat of a US debt crisis. Investors were back in a buying mood as oil prices […]

US may exhaust funds Oct 18 unless debt limit raised: Yellen

Washington, Sept 28 (AFP/APP):The US government is likely to run out of cash on October 18 unless Congress raises the federal borrowing cap, Treasury Secretary Janet Yellen warned Tuesday. After that date, Treasury’s funds “would be depleted quickly” and “it is uncertain whether we could […]

ICC prosecutor leaves US out of Afghan probe

The Hague, Sept 27 (AFP/APP):The International Criminal Court’s new prosecutor said Monday he would focus on the Taliban and Islamic State-Khorasan’s actions in Afghanistan instead of alleged US crimes. Karim Khan asked judges to relaunch the court’s probe into Afghanistan, which was paused last year […]

Top US, Russian generals meet in Helsinki

Washington, Sept 22 (AFP/APP):The US and Russian military chiefs of staff met Wednesday in Helsinki for the first time in 20 months, amid Washington’s hopes for support to continue surveillance of extremists in Afghanistan. Chairman of the Joint Chiefs of Staff General Mark Milley met […]

EU chief Michel denounces ‘lack of loyalty’ by US

United Nations, United States, Sept 20 (AFP/APP):EU chief Charles Michel on Monday accused the United States of a lack of loyalty after Australia canceled a mega-contract with France to buy US nuclear submarines. “The elementary principles for allies are transparency and trust, and it goes […]

US medical experts to vote on Pfizer Covid boosters

Washington, Sept 17 (AFP/APP):Leading US medical experts were meeting Friday to decide whether to recommend booster doses of Pfizer’s Covid-19 vaccine for the general population, a move which some researchers have said is not required at this time. President Joe Biden’s administration announced in August […]

US, France discussed Australia submarine deal before announcement: White House

Washington, Sept 16 (AFP/APP):France and the United States had high-level talks ahead of the announcement of Washington’s new alliance with Australia and Britain, with Canberra to acquire nuclear submarines, a White House official said Thursday. “Senior administration officials have been in touch with their French […]

US, UK, Australia unify to counter China

Washington – September 16 (Online): The US, UK and Australia have announced to sign a security pact, evidently an effort to counter China in the Asia-pacific region. Agreement is known as ‘Aukus pact’, which is regarded as one of the biggest of security partnership and […]