"The longer this war lasts, the closer the EU and the U.S.
Beijing's desire to keep Western allies apart could also prompt it to mediate between Moscow and Ukraine. Xi Jinping's conversations with Emmanuel Macron and Olaf Scholz on Tuesday were part of efforts aimed at promoting Europe's autonomy, while avoiding Russia's taint, observers said. Half said they expect PM Fumio Kishida to unveil more stimulus before the summer.ĭivide and survive. The Bank of Japan will stick with its current policy settings next week and is more likely to keep them on hold all year following Russia's invasion of Ukraine, according to economists surveyed by Bloomberg.Īll expect no policy change at the meeting that ends March 18.Ī majority said the chance of the BOJ leaving its easing unchanged has increased since the war started. In Australia, an income squeeze hinders the conservative incumbents. Lee Jae-myung of Moon's Democratic party conceded defeat after losing by less than 1 percentage point, one of the country's closest-ever races. He'll succeed Moon Jae-in, his boss until they had a falling out. South Korea's former top prosecutor Yoon Suk-yeol won election as president, returning conservatives to power after five years and signaling a hawkish turn in relations with China and North Korea. Ukraine is open to discussing Moscow's demand of neutrality if it gets security guarantees, but won't surrender a "single inch" of territory, a Zelenskiy aide said. Ukraine's air defense system remains effective, a Pentagon official said. The siege of Mariupol has trapped thousands, while efforts to move civilians from two towns northwest of Kyiv faltered. Ukraine latest: President Volodymyr Zelenskiy called for direct talks between him and Vladimir Putin, telling Bild both sides must compromise. stocks surged, and Asian equity index futures are green. Other commodities fell across the board, U.S. At the same time, Ukraine signaled it might be ready to compromise with Russia, and Iraq said it can boost production if OPEC+ asks. The UAE said it will call on OPEC+ members to boost oil output faster.
Oil plunged more than 17% after a confluence of headlines sparked a risk-off sentiment. And ex-Goldman banker Tim Leissner pretended to be one wife to fool the other-for years. A conservative wins South Korea's election. Oil and commodities plunge and stocks jump on a jumble of news.
JUDY CHAN AND TIM LEISSNER FULL
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