Spain, Morocco seek reset of testy relationship at Rabat summit

Spain, Morocco hold first summit in eight years Relations long strained by illegal migration issue Expected to sign up to 20 accords on trade, investment RABAT, Feb 2 (Reuters) – Spain and Morocco have agreed to set aside their differences, Spanish Prime Minister Pedro Sanchez said on Thursday, as they seek to repair a relationship … Read more

US and allies mark anniversary of Myanmar coup with more sanctions

WASHINGTON, Jan 31 (Reuters) – The United States and its allies imposed further sanctions on Myanmar on Tuesday, marking the two-year anniversary of a military coup with curbs on energy officials and junta members, among others. Washington imposed sanctions on the Union Election Commission, mining enterprises and energy officials, among others, according to a Treasury … Read more

Three years on, Britain still waits for Brexit dividend

UK lags behind peers for growth, investment and trade Many economists say Brexit contributes to underperformance Polls show Britons increasingly regret leaving the EU Pro-Brexit economist Lyons: UK problems have long roots LONDON, Jan 31 (Reuters) – Three years after its departure from the European Union, Britain is yet to benefit from the Brexit dividend … Read more

Exclusive: US issues license to Trinidad and Tobago to develop Venezuela offshore gas field

WASHINGTON/PORT OF SPAIN, Jan 24 (Reuters) – The Biden administration has granted a license to Trinidad and Tobago to develop a major gas field located in Venezuelan territorial waters, US and Trinidad officials said on Tuesday, marking a further easing of some sanctions. on Venezuela. The license, issued by the US Treasury Department at Trinidad’s … Read more

China offers Sri Lanka debt moratorium, IMF help still in doubt

China offers debt service relief in 2022, 2023 Sri Lanka sources unclear if China letter will be enough for IMF Broad agreement between IMF, China on Zambia could provide clues NEW DELHI/COLOMBO, Jan 24 (Reuters) – The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it would … Read more

Yellen, China’s Liu agree to enhance communication after ‘frank exchange’ – US Treasury

ZURICH, Jan 18 (Reuters) – US Treasury Secretary Janet Yellen agreed with Chinese Vice Premier Liu He to enhance communication about macroeconomic and financial issues during a “candid, substantive, and constructive” meeting in Zurich on Wednesday, the Treasury said. In a statement, the Treasury said both sides agreed to enhance cooperation on climate finance on … Read more

Iranian oil exports end 2022 at a high, despite no nuclear deal

LONDON, Jan 15 (Reuters) – Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite US sanctions, according to companies that track the flows, on higher shipments to China and Venezuela. Tehran’s oil exports have been limited since former US President Donald Trump … Read more

Top US lawmaker objects to potential F-16 sale to Turkey

WASHINGTON, Jan 13 (Reuters) – The Biden administration has told Congress it is preparing the potential $20 billion sale of F-16 fighter jets to Turkey, sources familiar with the matter said on Friday, sparking an immediate objection from a senior US lawmaker who has long opposed the deal. The State Department sent the informal notice … Read more

US strongly committed to Japan’s defense, Biden tells Kishida, hails military boost

WASHINGTON, Jan 13 (Reuters) – US President Joe Biden told Japanese Prime Minister Fumio Kishida on Friday that the United States remained strongly committed to its alliance with Japan and praised Tokyo’s “historic” defense reforms. Kishida is in Washington on the last stop in a tour of the G7 industrial powers and has been seeking … Read more

Putin expects China’s Xi to visit soon; Xi holds his line on Ukraine

Putin’s remarks highlight pivot from West to China Both men share distrust of the West Xi’s reserved remarks contrast Putin’s upbeat tone No mention of visit in Chinese media reports of video meeting No sign from Xi of support for Russia’s invasion of Ukraine Dec 30 (Reuters) – Russian President Vladimir Putin said on Friday … Read more