Russia

US Vice President Harris Promises Greater Investment for Africa

U.S. Vice President Kamala Harris said on Sunday that the United States will increase investment in Africa and help spur economic growth as she began a week long tour of the continent aimed at offering a counter to the influence of rival China. China has invested heavily in Africa in recent decades, including in infrastructure […]

U.S. Seeks to Prevent China from Benefiting from $52 Billion Chips Funding

The U.S. Commerce Department on Tuesday released proposed rules to prevent $52 billion in semiconductor manufacturing and research funding from being used by China and other countries deemed U.S. adversaries. The proposal limits recipients of U.S. funding from investing in the expansion of semiconductor manufacturing in foreign countries of concern like China and Russia and […]

'Dear friends' Xi and Putin Meet in Moscow as Ukraine War Rages

Chinese President Xi Jinping met his “dear friend” Vladimir Putin in Moscow on Monday, seeking both to deepen economic ties with an ally he sees as a useful counterweight to the West and to promote Beijing’s role as a potential peacemaker in Ukraine. Xi was the first leader to meet the Russian president since the […]

Putin Urges Russia's Billionaires to Invest in Face of "sanctions war"

President Vladimir Putin on Thursday urged Russia’s billionaires and business elite to invest in new technology, production facilities and enterprises to help Russia overcome what he said were Western attempts to destroy its economy. Putin also said Russia had so far defied those attempts, and that the Western firms that had decided to stay in […]

Putin Urges Business Leaders to Build New Russian Economy

President Vladimir Putin on Thursday called on Russia’s billionaires and business elite to invest in new technology, production facilities and enterprises to help Russia overcome what he said were Western attempts to destroy its economy. Putin said Russia had so far defied those Western attempts, and that Western firms that had decided to stay in […]

Russian Hackers Preparing New Cyber Assault Against Ukraine - Microsoft Report

Russian hackers appear to be preparing a renewed wave of cyber attacks against Ukraine, including a “ransomware-style” threat to organizations serving Ukraine’s supply lines, a research report by Microsoft said on Wednesday. The report, authored by the tech giant’s cyber security research and analysis team, outlines a series of new discoveries about how Russian hackers […]

Biden, Scholz Vow to Punish Russia for War in Ukraine

U.S. President Joe Biden and German Chancellor Olaf Scholz vowed on Friday to keep imposing costs on Russia for its war in Ukraine, now in its second year, as an EU official said any arms provided by China to Russia would trigger sanctions. Biden and Scholz met in private in the Oval Office for over […]

SpaceX Capsule Delivers Latest Four-Member Crew to International Space Station

A SpaceX Crew Dragon capsule arrived safely at the International Space Station (ISS) after a brief delay early on Friday, carrying two U.S. astronauts, a Russian cosmonaut and a United Arab Emirates astronaut on a six-month science mission. The autonomously flying spacecraft dubbed Endeavour docked with the space station shortly after 1:40 a.m. EST (0640 […]

Big Oil to Take Centerstage at Houston Meet as Markets, Alliances Shift

Top energy executives and officials from around the world will descend on Houston next week just as the political fallout from Russia’s invasion of Ukraine a year ago continues to distort global oil supply lines and put long-term energy security front of mind for governments. Oil company chiefs and ministers will make their case for […]