When Janet Yellen left Beijing on Sunday after four days of talks, the US treasury secretary in effect admitted that the delegation achieved its main objective simply by sitting down with top Chinese officials.
Read More | Lire La SuiteÉtats-Unis. First Republic : une nouvelle banque sauvée in extremis
La banque a été rachetée par le géant américain JP Morgan Chase. La fédération bancaire se satisfaite de cette reprise. Certains observateurs restent inquiets.
Read More | Lire La SuiteAnalysis. Unlike 2008, Credit Suisse and SBV haven’t been saved by governments. But let’s not make ‘bailout’ a dirty word
Banks are a special type of organisation. They take deposits and lend these funds to borrowers over long periods. It is pretty remarkable when you think about it. Banks make loans over many years, but you and I can withdraw the savings that banks use to fund the loans instantly.
Read More | Lire La SuiteTruss is gone. The Tory experiment is dying. Kill it off. Then don’t forgive and don’t forget
The lexicon is lost for synonyms for mayhem, havoc, chaos and pandemonium. The front pages of all the newspapers and their websites that led the way to this abyss have used them all up. Those who backed Liz Truss, those who engineered Brexit..
Read More | Lire La SuiteView on Europe’s energy crisis: facing down Putin will not come cheap
Europe is sweltering during a prolonged summer heatwave. But the attention of political leaders is increasingly focused on the coming winter. As a succession of recent warnings from the International Energy Agency (IEA) and elsewhere has underlined, an energy crisis to rival the oil price shock in the 1970s could hit when the weather turns cold.
Read More | Lire La SuiteEnergy and food drive US inflation to highest for 40 years
Prices in the US rose faster than expected last month, as rising energy and food costs pushed inflation to the highest rate since 1981.
Read More | Lire La SuiteAfrica is victim of Ukraine war, Macky Sall tells Vladimir Putin
African countries are innocent victims of the war in Ukraine and Russia should help ease their suffering, the head of the African Union has told Vladimir Putin at a meeting in Sochi.
Read More | Lire La SuiteUS-Germany Talks Stall Over Russian Gas Pipeline
The United States and Germany struggled Wednesday to resolve a major dispute over a Russian gas pipeline even as the Biden administration seeks to improve relations with Western Europe that had been strained during Donald Trump’s presidency.
Read More | Lire La Suite‘No food in the fridge’: A gruelling Ramadan in Lebanon
For the past decade, Sawa For Development and Aid has been delivering evening iftar meals for about 4,000 families breaking the daily fast during Ramadan in Lebanon’s eastern Bekaa Valley.
Read More | Lire La SuiteAmazon defeats historic Alabama union effort
Amazon has defeated activists hoping to establish the company's first unionised warehouse in the US.
Read More | Lire La Suite