BEIJING (AP) – China’s President Xi Jinping on Saturday said political loyalty in the military must be ensured and called for resolutely pushing forward the fight against corruption as a military purge widened. “There must be no one in the military who harbors disloyalty to the (ruling Communist) Party,” Xi said in remarks published by the official Xinhua News Agency.
NEW YORK (AP) - The U.S. stock market careened through a manic Monday, going from a steep early loss to a solid gain. The S&P 500 fell as much as 1.5% before flipping to a gain of 0.8%. The Dow Jones Industrial Average rose 239 points, and the Nasdaq composite climbed 1.4%. Oil prices whipped from nearly $120 per barrel back toward $90.
BEIJING (AP) – China’s President Xi Jinping on Saturday said political loyalty in the military must be ensured and called for resolutely pushing forward the fight against corruption as a military purge widened. “There must be no one in the military who harbors disloyalty to the (ruling Communist) Party,” Xi said in remarks published by the official Xinhua News Agency.
WASHINGTON (AP) – The war with Iran is doing collateral damage to the world economy. The conflict is driving up energy and fertilizer prices; threatening food shortages in poor countries; destabilizing fragile states such as Pakistan; and complicating options for the inflation fighters at central banks like the Federal Reserve.
DORAL, Fla. (AP) – President Donald Trump said Saturday that the United States and Latin American countries are banding together to combat violent cartels as his administration looks to demonstrate it remains committed to sharpening U.S. foreign policy focus on the Western Hemisphere even while dealing with five-alarm crises around the globe.
KABUL, Afghanistan (AP) – Afghanistan’s Taliban government on Tuesday rejected U.S. allegations that it detains foreigners to obtain leverage over other countries, saying Afghan authorities arrest people for violating laws not to make a deal. The U.S. State Department on Monday announced the designation of Afghanistan as a sponsor of wrongful detention.
JAKARTA, Indonesia (AP) – The travel chaos from the war in the Middle East has ensnared many of the Muslims who have converged on Saudi Arabia for the Umrah pilgrimage, leaving them stranded and scrambling to find other ways home. Others had to scrap their planned visits altogether.
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HONG KONG (AP) – A subsidiary of a Hong Kong-based company that has lost control of two critical ports on the Panama Canal said it is seeking $2 billion of compensation in damages from Panama over its “illegal” takeover of the ports.