Month: May 2023

TEHRAN, Iran (AP) — Iran has unveiled what it dubbed the latest iteration of its liquid-fueled Khorramshahr ballistic missile amid wider tensions with the West over its nuclear program. Authorities on Thursday showed off the Khorramshahr-4 to journalists at an event in Tehran with the missile on a truck-mounted launcher. Iran’s defense minister, Gen. Mohammad

By ELAINE KURTENBACH AP Business Writer Shares were mostly lower in Asia on Thursday as worries about the U.S. economy and a possible default on U.S. government debt pulled Wall Street lower. Japan’s benchmark Nikkei 225 index advanced 0.4% to 30,801.13, extending recent gains as investors bet on higher returns from Japanese companies. Hong Kong’s

BERLIN (AP) — New figures show the German economy made an unexpected dip in the first quarter of this year, putting the country formally into recession. Data released Thursday by the Federal Statistical Office has Germany’s gross domestic product down by 0.3% in the period from January to March. This follows a drop of 0.5%

By JILL COLVIN and STEVE PEOPLES Associated Press NEW YORK (AP) — Ron DeSantis ’ entry into the 2024 White House race against former President Donald Trump sets up a clash of the Republican Party’s two leading figures as the Florida governor attempts to topple a man who has dominated the GOP for the last

By DAVID McHUGH AP Business Writer When Russia invaded Ukraine, global companies were quick to respond, some announcing they would get out of Russia immediately, others curtailing imports or new investment. Billions of dollars’ worth of factories, energy holdings and power plants were written off or put up for sale, accompanied by fierce condemnation of

By SUZAN FRASER and AYSE WIETING Associated Press ANKARA, Turkey (AP) — Two opposing visions for Turkey’s future are on the ballot when voters return to the polls Sunday for a runoff presidential election that will decide between an increasingly authoritarian incumbent and a challenger who has pledged to restore democracy. President Recep Tayyip Erdogan,

FRANKFURT, Germany (AP) — More than 500 companies have suspended their business in Russia, and a similar number have withdrawn completely. An additional 151 are “scaling back,” 175 are “buying time” and 230 are “digging in,” according to database kept by Yale University. Chinese companies figure prominently in the last category. Here’s a look at

By EDITH M. LEDERER Associated Press UNITED NATIONS (AP) — Over the past 75 years, the United Nations has sent more than 2 million peacekeepers to help countries move away from conflict, with successes from Liberia to Cambodia and major failures in former Yugoslavia and Rwanda. Today, it’s facing new challenges in the dozen hotspots

By HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — The South Korean and U.S. militaries were set to begin massive live-fire drills near the border with North Korea on Thursday, despite the North’s warning that it won’t tolerate what it calls such a hostile invasion rehearsal on its doorstep. Thursday’s drills, the first of

By SOPHENG CHEANG and GRANT PECK Associated Press PHNOM PENH, Cambodia (AP) — A labor union leader who led a long-running strike against Cambodia’s biggest casino has been sentenced to two years in prison for incitement to commit a felony, while eight fellow union members received lesser terms that do not include time behind bars.

By ADRIAN SAINZ Associated Press BROWNSVILLE, Tenn. (AP) — Standing in a Tennessee museum, near exhibits of shimmering dresses worn by Tina Turner, Lisa Lyons wiped tears from her cheeks as she remembered the impact the singer and actor had on her life. Lyons recalled watching Turner’s performance in the film “Mad Max Beyond Thunderdome”

DUBAI, United Arab Emirates (AP) — A Hong Kong-flagged ship briefly ran aground in Egypt’s vital Suez Canal, though authorities said they were able to refloat it after it momentarily disrupted the waterway. The Xin Hai Tong 23 ran aground Thursday at the southern mouth of the Suez Canal. Leth Agencies, which oversees traffic in

BEIJING (AP) — Former Houston Rockets star Yao Ming has stepped down as head of China’s struggling national basketball league. The eight-time NBA All-Star had been leading efforts to commercialize the 20-team league and to bring it out from under the control of government bureaucrats and Communist Party officials. Allegations of corruption have dogged the

By GRACE GARCES BORDALLO and JENNIFER SINCO KELLEHER Associated Press HAGATNA, Guam (AP) — Many residents of Guam remained without power and utilities Thursday after Typhoon Mawar tore through the remote U.S. Pacific territory the night before and ripped roofs off homes, flipped vehicles and shredded trees. There were minor injuries reported but no fatalities,

PANAMA CITY (AP) — The U.S. Geological Survey says a strong earthquake with a preliminary magnitude of 6.6 has struck in the Caribbean Sea just off the Panama-Colombia border. There is no immediate word on whether were any injuries or damage in the nearby areas, which are not densely populated. The USGS says the quake