Former U.S. Secretary of State Hillary Clinton described the Liberal government as a “trailbreaker” as she addressed the party’s national convention on May 5, urging for more feminist economic policies, keeping up support for Ukraine, and deterring China’s aggression in the Indo-Pacific region. Former Prime Minister Jean Chrétien, who also delivered his keynote address, took…
Clinton, Freeland, Chrétien Address Liberal Convention
Deutsche Bank Extends Profit Streak in Q2 but Warns on Economy
FRANKFURT—Deutsche Bank posted a better-than-expected 51 percent rise in second-quarter profit on Wednesday as investment banking revenues rose, though the lender was less optimistic about the division’s prospects for the full year and warned about the economic outlook. Germany’s largest lender also dropped its cost target for the full year and was more cautious about…
Is Russia Still a Great Power?
Commentary Is Russia worthy of being called a “great power,” let alone a superpower? Not to kick someone when they’re down, but it’s difficult to argue that Vladimir Putin represents anything other than a middling regional state, albeit the largest country in the world and one with nuclear weapons. In the first place, until the…
North Korea Fires 3 Ballistic Missiles After Reporting COVID-19 Outbreak
SEOUL—North Korea fired three ballistic missiles towards the sea off its east coast on Thursday, South Korea and Japan said, in the latest tests aimed at advancing its weapons program, even as it first reported a COVID-19 outbreak. Three short-range ballistic missiles were fired at around 18:30 (0930 GMT) from the Sunan area of North…
US Stocks Waver as Inflation Remains Stubbornly High
NEW YORK—Stocks wavered in morning trading on Wall Street as investors received another dire readout on inflation. The S&P 500 fell 0.4 percent as of 10:26 a.m. Eastern. The Dow Jones Industrial Average fell 142 points, or 0.5 percent, to 31,814 and the Nasdaq was little changed. Technology stocks were among the biggest weights pressing…
Stocks Fall Further on Wall Street a Day After Big Sell-Off
NEW YORK—Stocks shed early gains and fell in afternoon trading on Wall Street Tuesday as the market remains shaky a day after a broad sell-off. The S&P 500 fell 0.8 percent as of 12:31 p.m. Eastern. The benchmark index was up as much as 1.9 percent in early trading. It slumped 3.2 percent a day earlier, hitting…
East African Countries Face Acute Food Shortages From Drought, Ukraine War
More than 29 million people are suffering from a scarcity of food supplies, according to the eight-country African trade bloc the Intergovernmental Authority on Development (IGAD), following prolonged periods of drought in the east of the continent that have been exacerbated by the ongoing war in Ukraine. “Across the IGAD region, 29 million people are…
Invasion of Ukraine ‘Totally Avoidable’: Gen. Michael Flynn
The current Russian invasion of Ukraine could have been avoided, and it demonstrates a failure that the U.S. leadership couldn’t effectively communicate with its Russian counterpart, according to Gen. Michael Flynn, a retired Army lieutenant general who briefly served as the National Security Advisor to former President Donald Trump. “Russia, Ukraine, Europe … what’s happening?…
Prairie Premiers Urge Trudeau to Suspend Federal Carbon Tax Hike
Premiers from the prairie provinces are urging Prime Minister Justin Trudeau to suspend plans to raise the federal carbon tax in light of the surging energy costs being borne by Canadians. In a joint letter sent to Trudeau on March 25, Alberta Premier Jason Kenney, along with Saskatchewan Premier Scott Moe and Manitoba Premier Heather…
Upcoming Live Q&A Webinar: What Is China’s End Game for the Russia–Ukraine War?
As Russia carries out its invasion of Ukraine, the international interests of the Chinese Communist Party (CCP) are also coming into focus. Prior to the invasion, the CCP and Russia signed a “no limits” strategic agreement, and the CCP made public its intentions to take Taiwan. Sanctions are now driving Russian businesses to the Chinese…
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