Los Angeles, U.S. | Xinhua | American biotechnology company Moderna said Wednesday it will request the U.S. Food and Drug Administration (FDA) to grant emergency use authorization for its COVID-19 vaccine for children aged under 6. The company will submit the request to the FDA, as well as the European Medicines …
Read More »EU countries in disarray after Putin announces payment change in gas deal
Russia to sell gas to “unfriendly countries” in rubles Brussels, Belgium | Xinhua | European countries have been thrown into disarray after Russian President Vladimir Putin said “unfriendly countries” who buy Russia’s gas will now have to pay in rubles. “Russia will continue, of course, to supply natural gas in accordance …
Read More »At what point do oil prices trigger a U.S. recession?
Washington, U.S. | Xinhua | The United States could see a recession if rapidly rising oil prices hit a crucial tipping point, economists have warned. Oil prices are surging worldwide, and the conflict in Ukraine has exacerbated numerous factors that have already caused record price hikes, according to experts. Bernard Baumohl, …
Read More »U.S. dislikes quick success in Russia-Ukraine peace talks: Lavrov
Moscow, Russia | Xinhua | The United States would not like to see a rapid completion of the Moscow-Kiev peace talks but hopes that Russia is mired in prolonged hostilities, Russian Foreign Minister Sergei Lavrov said Wednesday. “It is unprofitable for Americans that this (negotiation) process will be completed quickly. They …
Read More »Albright, 1st female U.S. secretary of state, dies of cancer
Washington, U.S. | Xinhua | Madeleine Albright, the first female secretary of state of the United States, died Wednesday, her family announced. She was 84. Albright died of cancer, her family said in a statement, adding she was “surrounded by family and friends” during the final moment of her life. A …
Read More »Russia to sell gas to “unfriendly countries” in rubles: Putin
Moscow, Russia | Xinhua | Russia will reject U.S. dollars or euros and only accept rubles for its natural gas supplied to “unfriendly countries,” including the European Union (EU) members and the United States, President Vladimir Putin said Wednesday. Over the past few weeks, some Western countries have taken “illegitimate decisions” …
Read More »How China’s zero-COVID policy works without compromising economic, social development
Zero-COVID policy is essential for the country to detect and cure patients as early as possible Beijing, China | Xinhua | In the spring of 2022, China is witnessing another wave of the COVID-19 epidemic. Jilin, one of the hardest-hit provinces, is currently still seeing four-digit daily growth in the number …
Read More »Russia urges Washington to quit escalating tensions
Moscow, Russia | Xinhua | Washington must stop escalating tensions if it wishes to normalize ties with Moscow, Russian Deputy Foreign Minister Sergei Ryabkov said Tuesday. “They need to stop their escalation, both verbally and in terms of pumping the Kiev regime with weapons,” Ryabkov said, adding that the United States …
Read More »Xiconomics: Why China’s vision for development can help promote global prosperity
Beijing, China | Xinhua | In the face of profound challenges rarely seen in a century, the international community is struggling to maintain development while tackling deficits in peace and governance. Guided by “Xiconomics,” the economic philosophy of Chinese President Xi Jinping, China is committed to following a development path with …
Read More »EU approves security, defense plan of action in next decade
Brussels, Belgium | Xinhua | The European Union’s (EU) foreign and defense ministers on Monday approved the bloc’s security and defense plan of action which, among others, will see it establishing a rapid reaction force with up to 5,000 troops that could be swiftly deployed in case of a crisis. Josep …
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