Tag: developing economies

Biden Endangers U.S. Troops – WSJ
Health

Biden Endangers U.S. Troops – WSJ

It was going to happen sooner or later: American service members would be seriously hurt as Iran-backed militias conduct lethal target practice against U.S. bases in the Middle East. When will President Biden do his duty as Commander in Chief and protect Americans deployed abroad?Iranian proxies have attacked U.S. forces in the Middle East about 100 times since October, and on Monday an explosive drone made it past U.S. defenses at a base in Iraq. Two Americans were wounded and a third is in critical condition. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
American Schools and Foreign Money
World

American Schools and Foreign Money

Updated Dec. 26, 2023 6:45 pm ETCongress is debating how to address the intellectual corruption of America’s elite universities, and one idea is to require that academic institutions disclose funding from U.S. adversaries. The House this month passed the Deterrent Act, 246-170, to shine a light on the billions of dollars that flow from foreign entities to U.S. colleges and universities. Some donations are well-intentioned, but China’s Communist Party and others have used money as a lever to push propaganda, filch research, and censor free exchange. Often the terms of these cash infusions are confidential.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Jailed Opposition Leader Alexei Navalny Says He’s Fine After Weeks Missing
World

Jailed Opposition Leader Alexei Navalny Says He’s Fine After Weeks Missing

Updated Dec. 26, 2023 4:06 pm ETJailed Russian opposition leader Alexei Navalny resurfaced on social media Tuesday, telling his supporters not to worry about him a day after his associates confirmed he has been traced to a remote penal colony in Russia’s Far North.“I am fine,” Navalny said in his first comments since his disappearance almost three weeks ago, posted via his allies on the social-media platform X. “Thanks again to everyone for your support.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Ukraine Strikes Russian Warship in Crimea, in Another Blow to Moscow’s Black Sea Fleet
World

Ukraine Strikes Russian Warship in Crimea, in Another Blow to Moscow’s Black Sea Fleet

Dec. 26, 2023 10:12 am ETDNIPRO, Ukraine—Ukrainian forces struck a large Russian warship during an overnight air raid on a base in occupied Crimea, dealing another blow to Moscow’s Black Sea fleet and raising the tally of expensive weapons systems lost and damaged during the war.Ukrainian officials said the ship had been destroyed and posted videos online that showed a massive explosion. Russian state media reported that the Novocherkassk, an amphibious landing ship, was damaged by guided missiles, and said one person was killed and four injured.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Iran Adds to Pressure on U.S. With Nuclear Program Acceleration
World

Iran Adds to Pressure on U.S. With Nuclear Program Acceleration

Dec. 26, 2023 10:07 am ETIran has tripled production of nearly weapons-grade uranium in a move likely to deepen its confrontation with the West as it helps Tehran-linked militias to attack Israel and U.S. forces in the region. Iran’s decision to triple its production rate of near-weapons-grade uranium marks the collapse of quiet diplomatic efforts between Washington and Tehran to ease tensions. It comes amid a proliferation of flashpoints between the U.S. and Iran, whose proxies have repeatedly traded fire with U.S. forces in the Middle East since the bloody conflict between Israel and Hamas erupted on Oct. 7. U.S. and European navies are also shooting down drones launched by the Iran-backed Houthis in the Red Sea. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cb...
Israel Airstrikes Expand to Southern Gaza as It Reframes Focus
World

Israel Airstrikes Expand to Southern Gaza as It Reframes Focus

Updated Dec. 26, 2023 7:46 am ETListen to article(2 minutes)The Israeli military is expanding its airstrikes to sensitive areas in the southern reaches of the Gaza Strip as it refocuses its military campaign toward Khan Younis and the critical Rafah border city after approaching what it described as operational control in the north of the territory.Israeli forces said they have struck over 100 targets in recent days, including what they called militant infrastructure, by land, sea and air. Several airstrikes took place in Rafah, according to Wafa, the official Palestinian Authority information agency. It is where hundreds of thousands of Palestinians had fled following Israeli instructions to leave the north. It is also where the bulk of aid has entered the enclave and has been generally ...
China’s Yuan Is Quietly Gaining Ground
Money

China’s Yuan Is Quietly Gaining Ground

Chinese assets have had a terrible year—but China’s currency is gaining ground as an international payments option.The yuan’s status as a global currency still faces a huge obstacle in the form of China’s own capital controls. Even so, rising willingness to conduct trade in yuan could help insulate China’s economy, at least to an extent, in the event sanctions were imposed in a hypothetical future conflict with the West. It also could become a source of structural support for the yuan itself, even assuming weaker-than-expected Chinese growth in the years to come.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet
World

Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet

Billionaire investor Nelson Peltz resigned from his position at the Simon Wiesenthal Center after the Jewish organization urged people not to buy Ben & Jerry’s ice cream.Peltz, who is a board member at Unilever, Ben & Jerry’s parent company, stepped down from the center on Dec. 12, according to people familiar with the matter. His firm, Trian Fund Management, is a Unilever shareholder.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8