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Friday, August 12, 2022

US House passes bill to compete with China in tech, science

ANKARA  The House of Representatives on Friday passed a bill that would make the US more competitive against countries like China in technology, scientific research and manufacturing.  The America COMPETES Act...

Fed's hawkish stance may remove $2T in liquidity by 2024: Fitch

ANKARA The US Federal Reserve’s hawkish stance may be removing more than $2 trillion of liquidity from the banking system by the end of 2024, Fitch Ratings warned Thursday. The Fed's...

US snow storm cancels 4,000 flights, power outages top 100,000

WASHINGTON Thousands of flights have been canceled and more than 100,000 power outages were reported Wednesday and Thursday because of a massive winter storm in the central US. An estimated 108...

White House backpedals on describing Russian invasion of Ukraine as 'imminent'

WASHINGTON White House will no longer use "imminent" to describe the potential invasion of Ukraine by Russia, spokeswoman Jen Psaki said Wednesday. She said at a news conference that she...

CNN's Jeff Zucker resigns, citing relationship with colleague

WASHINGTON CNN President Jeff Zucker resigned Wednesday, citing failure to disclose a relationship with a top-ranking colleague. In a memo to employees, Zucker said he was asked about a "consensual relationship"...

US bracing for massive winter storm

HOUSTON, Texas  A winter storm is expected to wreak havoc on a nearly 2,000-mile swath of the US over the next few days, bringing heavy snow, ice and bitter cold...

39 missing after boat capsizes off Florida Coast

Houston, TEXAS  The United States Coast Guard is currently on a frantic search looking for survivors, after a boat capsized off the east coast of Florida.  Thirty-nine people are believed missing. Coast...

US State Department OKs $2.5B plane, radar sales for Egypt

WASHINGTON The US State Department notified Congress on Tuesday of potential sales to Egypt of aircraft and air defense radar systems valued at over $2.5 billion.  The two sales include Egypt's...

IMF calls on El Salvador to halt use of Bitcoin as legal tender

WASHINGTON The International Monetary Fund (IMF) "urged" the government of El Salvador to halt the use of Bitcoin as legal tender, citing what it said are "large risks" for that...

FBI identifies Texas synagogue hostage-taker

WASHINGTON The FBI on Sunday identified the gunman who held hostages at a Texas synagogue as British national Malik Faisal Akram, 44. Matthew DeSarno, special agent in charge of the FBI's...

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Turkish president, UN chief discuss ways to end crisis caused by Russia-Ukraine war

ANKARA The Turkish president and UN secretary-general on Monday spoke over phone and discussed initiatives aimed at resolving the ongoing crisis caused by the Russia-Ukraine...

Anadolu Agency's Morning Briefing – June 21, 2022

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Russia becomes China’s largest oil supplier

ANKARA Russia has surpassed Saudi Arabia to become China's largest oil supplier, as refiners bought up Russian crude oil offered at a huge discount...

EU, Egypt agree on partnership priorities until 2027

BRUSSELS The EU and Egypt have agreed on the partnership priorities guiding their relationship until 2027. The Association Council of the European Union and Egypt...

Syria's Tal Rifat surrounded with tunnels by YPG/PKK terrorists

TAL RIFAT, Syria / ANKARA The YPG/PKK terror group is using a sophisticated network of tunnels in the Tal Rifat district in northern Syria to...