Biden to speak on Myanmar coup Wednesday, expected to announce sanctions
WASHINGTON (Reuters) - U.S. President Joe Biden will deliver remarks on the U.S
WASHINGTON (Reuters) - U.S. President Joe Biden will deliver remarks on the U.S. response to the military coup in Myanmar at 1 p.m. (1800 GMT) on Wednesday, the White House said.
Biden is expected to announce sanctions on those responsible for the takeover, according to a person familiar with the matter.
The United States has determined the military's actions a coup, triggering restrictions on aid to the country, and Biden has threatened to impose fresh sanctions.
(Reporting by Humeyra Pamuk, Steve Holland and Simon Lewis; Editing by Chizu Nomiyama)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply
By Christoph Steitz, Tom Käckenhoff and Arno Schuetze FRANKFURT (Reuters) - German conglomerate Thyssenkrupp ended talks to sell its steel division to Britain's Liberty Steel due to differences over value, the latest setback in efforts to consolidate the European sector. Liberty Steel, led by commodities tycoon Sanjeev Gupta, last month submitted a firmed-up non-binding bid for Thyssenkrupp's steel unit, Europe's second biggest in terms of sales, which sources said included commitments to protect jobs and sites.
(Reuters) - Reddit trading lingo may filter in to Washington on Thursday when top hedge fund managers, the head of Robinhood and Roaring Kitty himself are set to give testimony before U.S. House of Representatives lawmakers.
By Stephanie Kelly NEW YORK (Reuters) - Oil prices steadied on Thursday, with Brent edging back from a 13-month high, after a sharp drop in U.S. crude inventories supported prices, while buying spurred by a cold snap in the largest U.S. energy-producing state petered out.