US labor market shrugs off recession fears; keeps the Fed on a tightening path

US labor market shrugs off recession fears;  keeps the Fed on a tightening path

Nonfarm payrolls rose 263,000 in November unemployment rate steady at 3.7%; participation rates are falling Average hourly earnings rose 0.6%; 5.1 percent more year-on-year WASHINGTON, Dec 2 (Reuters) – U.S. employers hired more workers than expected and raised wages in November, shrugging off growing recession fears, but that is unlikely to stop the Federal Reserve … Read more

Florida pulls $2 billion from BlackRock in biggest anti-ESG sale

Florida pulls  billion from BlackRock in biggest anti-ESG sale

Dec 1 (Reuters) – Florida’s chief financial officer said on Thursday his department would divest $2 billion of its assets managed by BlackRock Inc ( BLK.N ), in the largest such sale by an environmentally opposed state, social and corporate asset management. governance (ESG) policies. The move will hardly dent BlackRock’s $8 trillion in assets … Read more

Exclusive: South Korea’s Yoon warns of unprecedented response to North Korea’s nuclear test, calls on China to do more

Exclusive: South Korea’s Yoon warns of unprecedented response to North Korea’s nuclear test, calls on China to do more

SEOUL, Nov 29 (Reuters) – South Korean President Yoon Suk-yeol warned of an unprecedented joint response with allies if North Korea proceeds with a nuclear test and called on China to help deter the North from pursuing banned nuclear weapons and missile development. . In a wide-ranging interview with Reuters on Monday, Yoon called on … Read more

Exclusive: The US and Russia used their military hotline once during the war in Ukraine

Exclusive: The US and Russia used their military hotline once during the war in Ukraine

WASHINGTON, Nov 28 (Reuters) – A line of communication established between the armies of the United States and Russia at the start of Moscow’s war against Ukraine has so far been used only once, a U.S. official told Reuters. The official, who spoke on condition of anonymity, said the United States launched the call through … Read more

Exclusive: US Weighs Sending 100-Mile Strike Weapon to Ukraine

Exclusive: US Weighs Sending 100-Mile Strike Weapon to Ukraine

WASHINGTON, Nov 28 (Reuters) – The Pentagon is weighing a proposal from Boeing to supply Ukraine with cheap, small precision bombs mounted on widely available missiles, allowing Kiev to strike far behind Russian lines as the West struggles to meet demand for more weapons. US and allied military stockpiles are dwindling, and Ukraine faces a … Read more

The US has banned the sale of Huawei and ZTE equipment, citing a national security risk

The US has banned the sale of Huawei and ZTE equipment, citing a national security risk

Nov 25 (Reuters) – The Biden administration has banned approval of new telecommunications equipment from China’s Huawei Technologies ( HWT.UL ) and ZTE ( 000063.SZ ) because they pose an “unacceptable risk” to U.S. national security. The U.S. Federal Communications Commission announced Friday that it has adopted final rules that also ban the sale or … Read more

Germany in talks with allies about Polish pressure to deploy Patriots in Ukraine

Germany in talks with allies about Polish pressure to deploy Patriots in Ukraine

NATO says the decision to deploy Patriots to a specific country Poland has asked to send German launchers to western Ukraine BERLIN/WARSAW, Nov 25 (Reuters) – Germany said on Friday it was discussing with allies Poland a request for German Patriot air defense units to be sent to Ukraine after the head of NATO suggested … Read more

COP27 is nearing a breakthrough on climate finance in the quest for a final deal

COP27 is nearing a breakthrough on climate finance in the quest for a final deal

The countries are studying the details of the new draft agreement Delegates herald a possible breakthrough in loss and damage The US proposes a “phase-out” of fossil fuels Some nations want firmer goals in long-term activity Sharm EL-SHEIKH, Egypt, Nov 19 (Reuters) – Negotiators at the COP27 climate summit in Egypt were on Saturday close … Read more