Category Archives: Asia

At Davos, Mnuchin's 'weak dollar' talk sets nerves on edge

At Davos, Mnuchin's 'weak dollar' talk sets nerves on edge

US Treasury Secretary Steven Mnuchin on Wednesday broke with tradition by signaling he favored a “weaker dollar,” in comments that drove the US currency sharply lower. Mnuchin’s remarks at the World Economic Forum in Davos, Switzerland, a bastion of trade liberalization, underscored concerns the US is taking a more adversarial approach towards trading partners as part of its nationalist economic agenda. “Obviously a weaker dollar is good for us, it’s good because it has to do with trade and opportunities,” Mnuchin said.

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Former CIA Deputy Director quits Harvard role in protest at Chelsea Manning's appointment

Former CIA Deputy Director Michael Morell has resigned from Harvard over the school’s appointment of Chelsea Manning as a visting fellow. Mr Morell is a Senior Fellow at the Belfer Centre for Science and International Affairs at the university. In a resignation letter obtained by CBS News, Mr Morell wrote that he “fully support[s] Ms Manning’s rights as a transgender American, including the right to serve our country in the US military”.

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Ceasefire halts Syria-Lebanon border fight against Islamic State

Ceasefire halts Syria-Lebanon border fight against Islamic State

By Ellen Francis BEIRUT (Reuters) – A ceasefire took effect on Sunday in an Islamic State enclave straddling the Syria-Lebanon border, where the militants have been fighting the Lebanese army on one front and Hezbollah with Syrian troops on the other. The Lebanese army announced that a ceasefire in its own offensive took effect at 7:00 a.m (12 a.m. ET) but did not mention Syria’s side of the frontier. Hezbollah and the Syrian army declared a ceasefire in their attack against Islamic State in Syria’s western Qalamoun region, Hezbollah’s al-Manar TV said.

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Ceasefire halts Syria-Lebanon border fight against Islamic State

Ceasefire halts Syria-Lebanon border fight against Islamic State

By Ellen Francis BEIRUT (Reuters) – A ceasefire took effect on Sunday in an Islamic State enclave straddling the Syria-Lebanon border, where the militants have been fighting the Lebanese army on one front and Hezbollah with Syrian troops on the other. The Lebanese army announced that a ceasefire in its own offensive took effect at 7:00 a.m (12 a.m. ET) but did not mention Syria’s side of the frontier. Hezbollah and the Syrian army declared a ceasefire in their attack against Islamic State in Syria’s western Qalamoun region, Hezbollah’s al-Manar TV said.

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Hezbollah seizes much of IS enclave on Syrian side of Lebanon border: Nasrallah

Hezbollah seizes much of IS enclave on Syrian side of Lebanon border: Nasrallah

Hezbollah has captured much of an Islamic State pocket on Syria’s side of the border with Lebanon in a joint offensive with the Syrian army, its leader said on Thursday. In parallel with the fighting, talks on a truce have begun with Islamic State but a military victory is more likely, Sayyed Hassan Nasrallah said in a televised speech. Iran-backed Shi’ite Hezbollah and Syrian troops have been fighting to oust Islamic State militants from Syria’s western Qalamoun region.

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