Latest Stress News
X marks the spot: Yellen tells Congress US could run out of money to pay all its bills by June 5
WASHINGTON (AP) — Treasury Secretary Janet Yellen told Congress on Friday that the U.S. could default on its debt obligations by June 5 — four days later than previously estimated — if lawmakers do not act in time to raise the federal debt ceiling. Yellen’s letter comes as...
Iranian leader visits Indonesia to deepen economic ties amid global geopolitical challenges
BOGOR, Indonesia (AP) — Iranian President Ebrahim Raisi met his Indonesian counterpart, Joko Widodo, on Tuesday on a visit aimed at strengthening economic ties between the two Muslim-majority nations amid heightened global geopolitical tensions. Widodo hosted Raisi at the...
Business group: Companies in China want 'clarity' after security rule changes, raids on consultants
BEIJING (AP) — Foreign companies in China are uncertain about what they are allowed to do following police raids on consulting firms and want “greater clarity” about how newly expanded national security and other rules will be enforced, a foreign business group said Tuesday. ...
Iran's president appoints new official in powerful security post, replacing longtime incumbent
DUBAI, United Arab Emirates (AP) — Iran's president Monday appointed a new official to take over the post of secretary of the country's Supreme National Security Council, replacing the longtime powerful official Ali Shamkhani after becoming implicated in a recent spy scandal. ...
Judge: Tennessee lawmaker can't withdraw guilty plea on campaign finance charges
NASHVILLE, Tenn. (AP) — A federal judge on Tuesday declined to let a former Tennessee state senator withdraw his guilty plea on federal campaign finance charges. In the case related to his failed 2016 congressional campaign, former Republican Sen. Brian Kelsey's attorneys had...
Top Biden aide tells Chinese diplomat that US wants to 'move beyond' spy balloon
WASHINGTON (AP) — White House national security adviser Jake Sullivan told senior Chinese foreign policy adviser Wang Yi during talks in Vienna this week that the Biden administration is “looking to move beyond” tensions spurred by the U.S. shooting down a Chinese spy balloon that traversed...
USAID chief pledges US support to Serbia, Kosovo in talks
BELGRADE, Serbia (AP) — The United States’ top international development official, Samantha Power, on Wednesday pledged U.S. support to Serbia and Kosovo as the two former wartime enemies work to stabilize relations at a time of heightened tensions. “It will take political...
Pakistan, Afghan Taliban agree to boost trade, lower tension
ISLAMABAD (AP) — Pakistan and Afghanistan's Taliban-appointed government have agreed to boost trade and lower tensions along their border amid a surge in militant attacks on security forces, officials said Monday. Pakistani Foreign Minister Bilawal Bhutto Zardari and...
USAID chief Power heads to Serbia, Kosovo to lower tensions
WASHINGTON (AP) — The United States' top international development chief, Samantha Power, is heading to Serbia and Kosovo this week to meet with leaders there, as U.S. and European leaders work to stabilize relations between those two former wartime enemies at a time of heightened tensions. ...
Satellite images show tankers Iran seized off Bandar Abbas
DUBAI, United Arab Emirates (AP) — Two oil tankers recently seized by Iran are anchored off the coast of one of its key port cities on the strategic Strait of Hormuz, according to satellite photos analyzed by The Associated Press on Sunday. The photos from Planet Labs PBC showed...
