Page 16 - Usa

Red Sea crisis may nudge US buyers to source goods from East Asia

Indian exporters apprehend that unless the hostilities in the Red Sea end quickly, the buyers in the United States (US) will prefer East Asian sources

How Taiwan's election fits into the island's past, and its future

Voters chose as their next president Lai Ching-te, the current vice president, who has vowed to continue his party's policy of protecting the island's sovereignty

US airlines cancel over 1,600 flights due to massive winter storm

Southwest led the list of cancellations with 355 flights followed by SkyWest at 275. United has scrapped 258 flights so far, with some cancellations extending to Saturday

Oil jumps 4% as tankers avoid Red Sea after US-UK joint strikes on Houthis

Brent crude futures were up $3.16, or 4.1%, at $80.57 a barrel at 1124 GMT, while U.S. West Texas Intermediate crude futures climbed $3.05, or 4.2%, to $75.07

Red Sea crisis: Houthis threaten more attacks after UK and US air strikes in Yemen

The United States and Britain launched strikes against sites linked to the Houthi movement in Yemen, the first on the country since the Iran-backed group started targeting international shipping.

Blinken sees path to Gaza peace, reconstruction after his West Asia tour

US Secretary of State Antony Blinken wrapped up his latest urgent Mideast tour on Thursday in talks with Egyptian President Abdel Fattah el-Sissi as American officials claimed modest success in getting wide regional support for planning for reconstruction and governance in Gaza after Israel's war with Hamas ends. Blinken secured buy-in from previously reluctant Arab and Muslim nations to begin such planning in discussions with the leaders of Turkey, Jordan, Qatar, the United Arab Emirates, Saudi Arabia and Bahrain over the weeklong mission, his fourth to the Middle East since the war began in October. Each country along with Greece, which Blinken also visited pledged to participate in the general planning, although precise contributions have yet to be determined. On our previous trips here, I think there was a reluctance to talk about some of the day-after issues in terms of long-term stability and security on a regional basis, Blinken told reporters at Cairo's airport after his .

Massive vehicle pileup on California highway leaves 2 dead, 9 injured

A crash involving dozens of vehicles along a foggy stretch of California's Interstate 5 in southern California has left two people dead and nine others injured. The pileup involving 35 cars happened around 7:30 am Saturday west of Bakersfield, according to authorities. Kern County Fire Department spokesman Jim Calhoun told reporters that visibility was roughly 10 feet when crews arrived to the chaotic scene. The crash, spread over about half a mile (0.80 kilometers), involved 17 passenger vehicles and 18 big rigs. Two people were pronounced dead at the scene and nine others were hospitalized with minor injuries, authorities said. It was pretty chaotic when I first pulled up at the scene, it was compressed natural gas, saddle tanks on the side of some the big rigs that were ruptured, so a lot of the bystanders that weren't injured were trying to help people and were in a plume of natural gas so we had to deal with that first and get everyone evacuated from that area, Calhoun told ...

Jeffrey Epstein Case: Connections to Clinton, Hawking, Prince Andrew & others explained

In a significant legal development, hundreds of sealed court filings linked to the infamous late sex offender Jeffrey Epstein were made public on Wednesday. They contained information on associates of

US pipeline to keep pharma major Lupin's revenues on healthy trajectory

The stock of pharma major Lupin is up 14 per cent over the last eight trading sessions and is trading at Rs 1,406 a share. The gains are on expectations that margins will improve

US sinks Houthi boats in the Red Sea: Here's why

On Dec 31, Iran-backed Houthis attacked a Maersk ship in the Red Sea. US helicopters from USS Eisenhower and USS Gravely thwarted the attack. Here's all you need to know

Committed to 'managing' China-US ties 'responsibly': Biden to Xi Jinping

US President Joe Biden on Monday assured his Chinese counterpart Xi Jinping that he is committed to "managing" the bilateral ties "responsibly" as the two leaders exchanged congratulatory messages to mark the 45th anniversary of the diplomatic relations between the two countries. The two presidents met on the sidelines of the APEC summit in San Francisco in November and agreed to cool down the raging tensions between the top two economies of the world. In his message to Xi, Biden said that since the establishment of diplomatic relations in 1979, the ties between the US and China have facilitated prosperity and opportunities for both the countries and the world. Biden said he is committed to "managing this important relationship responsibly", adding that he looks forward to continuing advancing the US-China relationship based on the progress made by the predecessors of the two leaders and through multiple meetings and discussions between the two heads of state, China's state-run Xinh

Will launch 3 more spy satellites, build more nuclear weapons in 2024: Kim

North Korean leader Kim Jong Un said his country will launch three additional military spy satellites, build more nuclear weapons and introduce modern unmanned combat equipment in 2024, as he called for overwhelming war readiness to cope with US-led confrontational moves, state media reported Sunday. Kim's comments, made during a key ruling Workers' Party meeting to set state goals for next year, suggest he'll continue a run of weapons tests to expand his arsenal amid long-dormant diplomacy with the United States. Observers say Kim would ultimately hope to use his boosted nuclear capability to wrest greater outside concessions if diplomacy resumes. During the five-day meeting that ended Saturday, Kim said moves by the United States and its followers against North Korea have been unprecedented this year, pushing the Korean Peninsula to the brink of a nuclear war, according to the official Korean Central News Agency. The grave situation requires us to accelerate works to acquire ...

US companies are picky about investing in China except fast-food chains

American fast-food chains have decided a market of 1.4 billion people is simply too delicious to pass up. KFC China's parent company opened its 10,000th restaurant in China last month

Biggest 2-month rally in decades rescues beaten-up bond markets

The US 10-year Treasury yield, the benchmark for borrowing costs globally, has dropped 50 basis points (bps) in December after falling 53 bps in November. Its two-month fall is the biggest since 2008

US imposes more sanctions on money lending network tied to Houthi rebels

The U.S. on Thursday imposed sanctions on a group of money exchange services from Yemen and Turkey alleged to help provide funding to Iranian-backed Houthi rebels who have been launching attacks on commercial shipping vessels in the southern Red Sea. Included in the sanctions are the head of a financial intermediary in Sana'a, Yemen, along with three exchange houses in Yemen and Turkey. U.S. Treasury alleges that the people and firms helped transfer millions of dollars to the Houthis at the direction of sanctioned Iranian financial facilitator Sa'id al-Jamal. The sanctions block access to U.S. property and bank accounts and prevent the targeted people and companies from doing business with Americans. Thursday's action is the latest round of financial penalties meant to punish the Houthis. Earlier this month, the U.S. announced sanctions against 13 people and firms alleged to be providing tens of millions of dollars from the sale and shipment of Iranian commodities to the Houthis in

Balancing acts

India keeps its foreign policy independent and flexible

What is 'zombie deer disease' and are humans at risk? What you need to know

Experts have termed the zombie deer disease a "slow-moving disaster" and have urged governments to prepare for the possibility of it spreading to humans

Iran's foreign minister dismisses US claims of them backing Houthi rebels

The White House, citing newly released intelligence, said Friday that Iran was "deeply involved" in the planning of the Houthi attacks and has supplied weapons, financial support and training

US flies long-range bomber for joint drills with South Korea, Japan

The United States flew a long-range bomber for joint drills with South Korea and Japan on Wednesday in a show of force against North Korea, days after the North performed its first interconnectional ballistic missile test in five months. The trilateral training off South Korea's southern island of Jeju was meant to strengthen the countries' joint response against North Korean nuclear threats, South Korea's Joint Chiefs of Staff said in a statement. The exercise involved a B-1B bomber and South Korean and Japanese fighter jets, the statement said. It said the B-1B's flyover is the 13th time that a US bomber has been temporarily deployed near and over the Korean Peninsula this year. A B-1B is capable of carrying a large conventional weapons payload. North Korean has previously called the bomber's deployment a proof of US hostility and had reacted with missile tests. North Korea on Monday launched a Hwasong-18 ICBM into the sea in a drill it said was meant as a warning over the US and

India committed to rule of law: PM Modi on Pannun assassination plot

If any Indian citizen does 'anything good or bad', Delhi will look into it: Prime Minister tells FT