Latest United States News
Russia ready for quick extension of last arms pact with US
MOSCOW (AP) — Moscow is ready for a quick deal with the incoming administration of U.S. President-elect Joe Biden to extend the last remaining arms control pact, which expires in just over two weeks, Russia's top diplomat said Monday. Months of talks between Russia and President Donald Trump's...
Navalny's arrest adds to tension between Russia and the West
MOSCOW (AP) — Russian opposition leader Alexei Navalny's arrest as he arrived in Moscow after recovering from his poisoning with a nerve agent drew criticism from Western nations and calls for his release, with Germany's foreign minister on Monday calling it “incomprehensible.” Navalny was...
What Biden can and can't get from an evenly divided Senate
WASHINGTON (AP) — So what does a 50-50 Senate get President-elect Joe Biden? Washington has barely had time to process the implications of Democratic control after two Georgia runoff elections that are delivering the Senate to Democrats. Hours after the races were decided, a mob of zealots ransacked the...
Japan's PM vows Olympics will be proof of victory over virus
TOKYO (AP) — Japanese Prime Minister Yoshihide Suga vowed Monday to get the pandemic under control and hold the already postponed Olympics this summer with ample coronavirus protection. In a speech opening a new Parliament session, Suga said his government would revise laws to make anti-virus measures...
World shares retreat despite strong growth data from China
Markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year. Shares fell in Paris, London and Tokyo but advanced in Hong Kong and Shanghai. Most U.S. markets are closed Monday for a national holiday. Investors appear to have...
China economy grows in 2020 as rebound from virus gains
BEIJING (AP) — China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan and Europe struggled with rising infections. Growth in the three months...
Carmaker Stellantis shares buoyed in Milan, Paris on 1st day
MILAN (AP) — Stellantis, the car company combining PSA Peugeot and Fiat Chrysler, was launched Monday on the Milan and Paris stock exchanges, giving life to the fourth-largest auto company in the world. Stellantis shares rose 2.5% in Milan in early trading to 13.18 euros ($15.91), recovering losses to Fiat...
Moon urges Biden to learn from Trump's N. Korea diplomacy
SEOUL, South Korea (AP) — South Korea’s president on Monday urged the incoming Biden administration to build upon the achievements and learn from the failures of President Donald Trump’s diplomatic engagement with North Korea. A dovish liberal and the son of northern war refugees, Moon Jae-in...
This Week: Netflix earns, jobless benefits, US home sales
A look at some of the key business events and economic indicators upcoming this week: BINGE THIS Wall Street expects that Netflix closed out 2020 with another solid quarter. The video streaming service has been riding a wave of popularity as people spend more time at home due to the pandemic. The company gained...
FBI vetting Guard troops in DC amid fears of insider attack
WASHINGTON (AP) — U.S. defense officials say they are worried about an insider attack or other threat from service members involved in securing President-elect Joe Biden’s inauguration, prompting the FBI to vet all of the 25,000 National Guard troops coming into Washington for the event. The massive...
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