Category: United States International Relations

As Zelensky Visits Kherson, World Bank Says Ukraine Needs $411 Billion to Rebuild

The bank released a significantly higher figure as European Union leaders approved plans to provide Kyiv with one million artillery shells over the next 12 months.
China’s Rise Relied on the West. Xi Jinping Is Turning Away.

The Chinese leader has edged ever closer to Russia, while distancing China from countries that have helped it develop over the past four decades.
Falling Lithium Prices Are Making Electric Cars More Affordable

An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.
Banned From Russian Airspace, U.S. Airlines Look to Restrict Competitors

Because of the war in Ukraine, U.S. carriers have to take the long way on flights to and from Asia, giving an advantage to foreign rivals flying the same routes.
China’s New Premier Needs to Revive Growth. How Far Will Loyalty Get Him?

Li Qiang’s business-friendly reputation could bolster confidence in China’s economy. But he is stepping into a role with diminished power under Xi Jinping.
Biden and E.U. Leader to Discuss Ukraine and Trade Spat

President Biden and the European Commission president are set to discuss how to effectively counter Russia and a potential trade deal for electric vehicles.
Ukraine Needs Shells, and Arms Makers Want Money. Enter the E.U.

Ukraine is firing artillery shells faster than manufacturers can make them. Brussels is working on a plan to increase production by guaranteeing big advance purchases.
Biden Dispatches Yellen and Blinken to Bolster Support for Ukraine

Treasury Secretary Janet Yellen traveled to Kyiv the day before Secretary of State Antony Blinken was to visit Central Asia in a show of American solidarity with Ukraine in its battle with Russia.
War in Ukraine Deepens Divide Among Major Economies at G20 Gathering

Treasury Secretary Janet L. Yellen urged her counterparts at a summit in India to condemn Russia’s actions, and she defended the cost of supplying aid to Kyiv.
China’s Economic Support for Russia Could Elicit More Sanctions

U.S. officials pledged to crack down on shipments to Russia that can be used for both civilian and military purposes, but that has proved hard to police.
Inside Taiwanese Chip Giant, a U.S. Expansion Stokes Tensions

Employee doubts are rising about Taiwan Semiconductor Manufacturing Company’s $40 billion investment in an Arizona factory.
U.S. Blacklists 6 Chinese Entities Involved in Spy Balloon Programs

The action to cut off five Chinese companies and a research institute from American parts and technologies is part of the Biden administration’s response to the balloon it shot down last week.