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Day: March 20, 2023

Why China and Russia Are Closer Than Ever

This week’s meeting between the leaders of China and Russia marks another key moment in the deepening relationship between the two powers.Read More

Credit Suisse Bond-Wipeout Threatens $250 Billion Market

The deal would write down more than $17 billion of the bank’s riskiest bonds.Read More

Banks Drag Asian Shares Lower

Chinese banks proved an exception to a widespread selloff.Read More

Credit Suisse’s Message to Clients: ‘No Need to Take Action Right Now’

The Swiss bank has given its employees guidelines on how to answer client questions following a merger deal with UBS.Read More

Analysis: Xi makes ‘journey of friendship’ to Moscow days after Putin’s war crime warrant issued

For Chinese leader Xi Jinping, his high-profile state visit to Russia and meeting with President Vladimir Putin this week is a timely opportunity to showcase China’s growing diplomatic clout on the world stage and its ambition to challenge the US-led global order.Read More

Investors Greet Emergency Credit Suisse Deal Warily

Swiss regulators announced that UBS, Switzerland’s largest bank, would take over the troubled Credit Suisse.Read More

Why a Trump indictment would have huge political and national implications

• Trump shadow looms large over House GOP policy retreat • Opinion: Trump’s risky call for protests • Trump says he expects to be arrested Tuesday • Video: Ex-prosecutor breaks down Trump’s worst case scenariosRead More

Xi Jinping pitches China as Ukraine peacemaker on eve of trip to Russia

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A ‘New Cold War’ Looms in Africa as U.S. Pushes Against Russian Gains

The U.S. is reprising its playbook in Ukraine, where it has used classified information to expose plans by Russia. Next target: Chad.Read More

Xi Heads to Russia, Praising Putin and Saying Little About Ukraine

China is calling Xi Jinping’s visit a “trip for peace,” but he is unlikely to risk straining the country’s ties with Russia and President Vladimir V. Putin.Read More

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