NUSA DUA, Indonesia—The head of the World Trade Organization (WTO) warned on Wednesday that several major economies face a real risk of sliding into recession as the war in Ukraine, rising food and fuel costs, and soaring inflation cloud the global outlook. “It may not happen everywhere, but several key countries risk sliding into recession,”…
WTO Warns of ‘Real’ Recession Risk in Some Major Economies
November 16, 2022
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Asia & PacificBusiness & Marketseconomic policiesEconomieseconomyG20inflationInternationalMarketsrecessionWorldWTO
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Chinese Leader Xi Confronts Trudeau at G20 Over Discussions ‘Leaked’ to the Press
Chinese leader Xi Jinping confronted Prime Minister Justin Trudeau on Nov. 16, saying he shouldn’t have “leaked” details of their conversation to the media the day before. A video of the two leaders’ brief interaction was captured by reporters on the sidelines of the G20 summit in Bali, Indonesia. “Everything we discuss has been leaked to the…
Trudeau Extends Ukraine Military Training, Poland Says No Signs of ‘Intentional’ Hit
Prime Minister Justin Trudeau is extending Canada’s training mission of Ukrainian soldiers after reports that a missile killed two people in Poland on Tuesday, though world leaders are urging calm as early findings suggest it was not an intentional attack. “There is no confirmation of exactly what happened yet; there needs to be a proper…
Trudeau ‘Closely Monitoring’ Situation in Poland as Biden Calls Emergency Meeting
Prime Minister Justin Trudeau attended an emergency meeting of G7 and NATO leaders called by U.S. President Joe Biden in Indonesia after Poland said it was investigating after what it called a Russian-made missile hit its territory and killed two people Tuesday. Trudeau, who is with leaders in Bali for the G20 summit, tweeted that…
Trudeau Pledges Cash for Infrastructure and Making Vaccines in Developing Countries
Prime Minister Justin Trudeau announced pledges Tuesday to help developing countries improve their infrastructure, go green and make COVID-19 vaccines, at a G20 summit that has been overshadowed by geopolitics. Trudeau has earmarked $750 million for a Crown corporation to finance infrastructure projects in Asia over three years, starting next March. It’s the largest funding…
China Is ‘Biggest State-Based Threat’ to Britain’s Economic Security, Says Rishi Sunak
November 15, 2022
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ChinaChinese RegimeEurope-China RelationsG20IndonesiaInternationalInternational RelationsRishi SunakSpecial TopicsTaiwanUKWorld
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British Prime Minister Rishi Sunak has told journalists on his way to the G-20 summit in Indonesia that China poses the “biggest state-based threat to our economic security.” China’s leader and head of the Chinese Communist Party (CCP), Xi Jinping, will be at the G-20 summit in Bali and Sunak said, “Hopefully I will have…
Contractor Found Guilty of Selling Info to China
President Joe Biden is meeting with Chinese leader Xi Jinping. We take a look at what the leaders talked about—and why some lawmakers are sounding alarms. Could U.S.-China economic relations be improving? Treasury Secretary Yellen says she hopes so, alongside the G-20 Summit. A spy has been caught. An American civilian defense contractor is receiving…
Leaders Land in Indonesia for G-20 Summit; US Seeks No Conflict With China, Says Biden
November 13, 2022
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Asia & PacificChinaExecutive BranchG20IndonesiaInternational RelationsPoliticssummitUSUS-China relationsWorld
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NUSA DUA, Indonesia—U.S. President Joe Biden said on Sunday his country will maintain open communication lines and seek no conflict with China, ahead of what are expected to be tense talks on a range of geopolitical issues at the Group of 20 (G-20) summit in Indonesia this week. Biden and Chinese counterpart Xi Jinping are…
Capitol Report (Nov. 10): Election Results Drag On in Battleground States; Election Integrity Concerns in PA
November 10, 2022
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Capitol ReportChinaCPIElection IntegrityelectionsEpochTVG20gunsmarijuanaMidtermsNevadaPennsylvaniaUSUS Newsviolent crimes
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A tight race is unfolding in the battleground state of Nevada as ballot counting continues. What is the balance of power looking like as of now in Congress? The elections are over, but there are still no answers as to who won in many key races throughout the country. Pennsylvania’s race for senator has been…
Russia’s Putin Will Not Attend G-20 Summit in Bali in Person
JAKARTA—Russian President Vladimir Putin will not attend a gathering of leaders from the Group of 20 (G-20) nations in person next week but may join virtually, officials from Russia and the host country Indonesia said on Thursday. Indonesia has resisted pressure from Western countries to withdraw its invitation to Putin and expel Russia from the…
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