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US House Democrats elect Jeffries leader

New York congressman Hakeem Jeffries has been elected the new US House of Representatives Democratic leader.

Asian stocks jump after Powell speech

Asian share markets have rediscovered their appetite for risk after US Fed chair Jerome Powell signalled a slowdown in the bank’s aggressive rate hikes.

China ex-president Jiang Zemin dies at 96

“Comrade Jiang Zemin’s death is an incalculable loss to our Party and our military and our people of all ethnic groups,” China’s ruling Communist Party says.

Companies
Cyber Monday helps rally downcast Wall St

US stocks have opened depressed by anti-lockdown protests in China, but losses are being limited by record-breaking Cyber Monday sales from Amazon.

Companies
Behind Foxconn’s China woes: mistrust, miscommunication, COVID curbs

When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone factory for at least twice the usual pay, he knew it was risky.

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Some Republicans criticize Trump for meeting with white supremacist

Some Republicans on Sunday criticized Donald Trump for dining with white supremacist Nick Fuentes at the former president’s Mar-A-Lago resort in
Florida, even as Trump said the encounter was inadvertent.

Ukraine War
German offer of air defense to Poland remains

German Chancellor Olaf Scholz said Tuesday that his country’s offer to send Patriot anti-missile systems to Poland remains on the table despite Warsaw’s suggestion that they should go to Ukraine instead.

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Israeli PM Lapid urges world leaders to prevent ICJ opinion on Israel’s occupation

Israeli Prime Minister Yair Lapid on Tuesday urged world leaders to block a Palestinian bid at the United Nations for an advisory opinion from the
International Court of Justice on Israel’s occupation, the prime minister’s office said.

Conflict
US OKs $1B arms sale to Qatar during key World Cup match

The Biden administration on Tuesday approved a $1 billion arms sale to Qatar in a transaction unveiled during halftime of the key World Cup 2022 match in Doha between Iran and the United States.

The Hague-based International Commission on Missing Persons estimates more than 15,000 people have gone missing during the war in Ukraine.