Turkey's top business association has confirmed receiving a letter from the US Treasury warning of possible sanctions if it continues doing business with Russia.. Adeyemo followed that up with a letter to Turkey's TUSIAD business association and the American Chamber of Commerce in Turkey warning that companies and banks were in danger of being sanctioned themselves.
Japan's prime minister on Wednesday called for a push to revive the country's nuclear power industry in a bid to tackle soaring imported energy costs linked to the Ukraine war.. "Russia's invasion of Ukraine has vastly transformed the world's energy landscape" and so "Japan needs to bear in mind potential crisis scenarios", Prime Minister Fumio Kishida said at an energy policy meeting.
Sri Lanka tightened import restrictions Wednesday with a ban on more than 300 additional items, as an economic crisis that has created months of shortages and toppled a president refuses to abate.. The new bans come despite the central bank announcing last week that the foreign exchange shortage was easing thanks to better inflows.
China has announced it is investigating several executives at state-owned property companies over allegations of "serious violations of discipline and law".. All four were "suspected of serious violations of discipline and law", the notices said, providing few details.
Germany on Wednesday will inaugurate a railway line powered entirely by hydrogen, a "world first" and a major step forward for green train transport despite nagging supply challenges.. Europe's enduring reliance on gas from Russia amid massive tensions over the Kremlin's invasion of Ukraine poses major challenges for the development of hydrogen in rail transport.
Asian markets were down on Wednesday after falls in global stocks as the euro plunged against the dollar and traders await news on the next US interest rate hikes.. Higher interest rates boost the American currency as they make dollar-denominated debt more attractive to investors.
China's autumn harvest is under "severe threat" from high temperatures and drought, authorities have warned, urging action to protect crops in the face of the country's hottest summer on record.. "The rapid development of drought superimposed with high temperatures and heat damage has caused a severe threat to autumn crop production," the statement said.
Not many people can boast of having candid conversations about planetary conquest with Elon Musk, but for Indian software engineer Pranay Pathole, a friendly chat with the world's richest man is just a tweet away.. After their meeting, Pathole tweeted a picture of the pair, which Musk "liked".
TikTok influencers boasting collectively more than 51 million followers say they won't work with Amazon until the e-commerce colossus delivers key concessions to workers and halts anti-union efforts.. The group is also calling on Amazon, which has long resisted unionization efforts in its US facilities, to stop its opposition.
Fox News boss Lachlan Murdoch has launched legal proceedings against Australian media outlet Crikey, accusing the site of defaming him in an opinion piece about the January 6 US Capitol riots.. "We believe that coverage of the events of January 6 at the US Capitol, and the role of Fox News in those events, is absolutely legitimate."
