Posts Tagged Economic policy

US faces reluctant partners in sanctioning Russia

In this April 8, 2014, photo, Secretary of State John Kerry appears before the Senate Foreign Relations Committee on Capitol Hill in Washington. As it warns Russia to step back from Ukraine or suffer another financial hit, the U.S. is simultaneously trying to coax along a reluctant Europe, which is trying to balance its desire to punish Moscow against its fear of economic turmoil from the effects of a new, harsher round of Western trade sanctions.  (AP Photo/J. Scott Applewhite)

WASHINGTON (AP) — The United States is working to convince a reluctant Europe of the need to punish Russia more severely for its meddling in Ukraine while at the same time warning Moscow to step back or take more financial hits.

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Taiwan leader affirms contentious China trade pact

WASHINGTON (AP) — Taiwan’s president on Wednesday stuck by a trade pact with China that has sparked mass protests and a three-week occupation of the self-governing island’s legislature building by students.

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