Investors expect the Federal Reserve to move much more aggressively with hiking interest rates in the coming months as inflation rises to multidecade highs.
During an almost two-hour videoconference Friday, U.S. President Joe Biden tried to convince Chinese President Xi Jinping to use the country’s economic influence over Russia to stop the war in Ukraine.
At Beijing’s insistence last October, Hong Kong’s Bishop-elect Stephen Chow and 15 senior Catholic priests met with the mainland’s state-controlled Chinese Patriotic Catholic Association.