IMF chief flags ‘optimism’, ‘worry’ after Bangkok annual meetings

International Monetary Fund chief Kristalina Georgieva said on Saturday this year’s Annual Meetings with global policymakers were marked by “optimism and worry” about the global economic outlook as the event wound down in Bangkok. Georgieva also said her organisation had a “responsibility” to help low-income countries struggling with price shocks stemming from the US-Israel war […]

‘No Kings’ movement seeks to boost early voting

As Americans begin casting their ballots in the midterm elections, the prominent “No Kings” anti-Trump movement is organizing thousands of rallies Saturday to get voters fired up.”No Kings” has more than 3,000 events planned across the United States for its fourth iteration since US President Donald Trump returned to office, this time with a special […]

Trump waives new Russia sanctions as Ukraine ties slump

President Donald Trump signed an executive order on Friday that waived sweeping US sanctions and tariffs targeting Russia’s energy revenues, marking a new low in Washington’s ties with war-torn Ukraine. The move came as Ukrainian President Volodymyr Zelensky urged EU leaders to keep financing Kyiv’s fight with nearly $80 billion more next year, insisting he was […]

Japan says hosting record number of foreigners

Japan has registered a record number of foreigners living in the country this year despite growing anti-immigration sentiment, as the country grapples with problems caused by an ageing and shrinking population. Data showed 4.28 million foreigners staying in Japan as of the end of June, excluding short-term visitors, the Immigration Services Agency said on Friday. […]

Tiny Fiji village restores dying fishery with coral planting

It had been decades since sharks last patrolled the reef off the coast of Fiji’s Naidiri Village, but they returned this year following a community-led effort to protect the fishery and plant thousands of corals. Manoa Duwai convinced his village in 2009 to create a protected area within their customary fishing grounds on Fiji’s Coral […]

‘Two bad options’: Rights groups decry IMF austerity demand

Coconut farmer Sombat Chuekrod travelled more than 200 kilometres to join hundreds on the streets of Bangkok on Friday demanding that the International Monetary Fund and World Bank change how they deal with the developing world. Finance ministers, central bank governors and other top policymakers gathered this week in the Thai capital for the IMF-World […]

North Korea says tested AI-assisted torpedo system

North Korea has tested a “new-type” precision-guided torpedo system that uses artificial intelligence for target detection and guidance, state media reported Saturday, as the nuclear-armed country steps up weapons testing. The announcement came days after Pyongyang said it had test-fired two types of cruise missiles from a submarine after weeks of friction with Seoul over […]

Trump’s new press secretary out after less than week

White House Press Secretary Katie Zacharia was pushed out Friday after less than a week in the high-profile job following a series of blunders that added to distractions for her embattled boss, President Donald Trump.”Can confirm,” a White House official told AFP, after Fox News reported that Zacharia, 41, was “transitioning out.”The writing was on […]

All contenders for UN chief receive veto: diplomat

All seven candidates to lead the United Nations received a vote of “discourage,” effectively a veto, from a permanent UN Security Council member in the latest informal poll, a diplomat said Friday. Friday’s vote was the first time in the anonymous informal polling that Britain, China, France, Russia and the United States used colored straws […]