Reuters Wire
Ukraine Outnumbered, Outgunned in Face of Relentless Russian Onslaught
KRAMATORSK, Ukraine (Reuters) — As the Ukraine war enters its third year, the infantry of 59th Brigade are confronting a bleak reality: they're running out of soldiers and ammunition to resist their Russian invaders. One...
Chinese Turn US Embassy Post Into ‘Wailing Wall’ for Stock Plunge
BEIJING (Reuters) — Many Chinese are venting their frustration at the slowing economy and the weak stock market in an unconventional place: the social media account of the U.S. Embassy in Beijing. A post on...
US Navy Sends First Warship Through Taiwan Strait Post-Election
BEIJING (Reuters) — The United States Navy sailed its first warship through the sensitive Taiwan Strait on Wednesday following presidential and parliamentary elections on the island, drawing Communist China's ire. The U.S. Navy said the...
Pentagon Says No Plans for US Withdrawal From Iraq
WASHINGTON, D.C. (Reuters) — The Pentagon said on Monday, Jan. 8 that it was not currently planning to withdraw its roughly 2,500 troops from Iraq, despite Baghdad's announcement last week it would begin the process...
Tesla, Other EVs Lose Tax Credits as US Hopes to Reduce Dependency on Chinese Batteries
WASHINGTON, D.C. (Reuters) — Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on New Year Day 2024. Affected models includes the Nissan Leaf, Tesla...
Some Chinese Goods to Remain Exempt From Trump-era Tariffs Until June 2024
WASHINGTON — The office of U.S. Trade Representative Katherine Tai on Tuesday, Dec. 26 announced a further extension of China "Section 301" tariff exclusions on 352 mainland Chinese import and 77 COVID-19-related categories till May...
Intel Granted $3.2 Billion for New Chip Plant in Israel
JERUSALEM — Israel's government agreed to give Intel a $3.2 billion grant for a new $25 billion chip plant it plans to build in southern Israel, both sides said on Tuesday, Dec. 26, in what...
Driven by Post-Pandemic Rebound, US Oil Giants Spent $250 Billion in 2023
HOUSTON — The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies' high stock prices to secure lower-cost reserves and prepare for the next upheaval in an...
Ukrainian Army Proposal to Draft More Civilians Gets Mixed Reaction
By Ivan Lyubysh-Kirdey KYIV — A Ukrainian army proposal to conscript up to 500,000 more civilians has produced mixed feelings in Kyiv, with many people saying more troops are needed to fight Russia but some...
High Rental Costs Worsened US Consumer Inflation in November
WASHINGTON, D.C. — U.S. consumer prices unexpectedly rose in November as a decline in the cost of gasoline was more than offset by increases in rents, further evidence that the Federal Reserve was unlikely to...
US Coast Guard Seeks Source of Million-Gallon Oil Spill in Gulf of Mexico
The U.S. Coast Guard on Monday, Nov. 20, said it was still looking for the source of a leak from an underwater pipeline off the Louisiana coast in the Gulf of Mexico that it estimated...
$3 Billion Needed to Replenish 155 mm Artillery Rounds After Aid to Ukraine and Israel, US Army Says
WASHINGTON, D.C. — The U.S. Army needs Congress to approve $3.1 billion to buy 155 mm artillery rounds and expand production to quickly replace stocks depleted by shipments to Ukraine and now Israel, an Army...