Washington Financial News

By Jason Lange

G20 summit successfully concluded in New Delhi last week, it managed to generate some positive headlines for India globally. Even India’s staunchest critics had to concede that contrary to their expectations, New Delhi managed to pull off a successful summit at a time when geopolitical and developmental fault-lines have been sharpening by the day. Despite the absence of Chinese President Xi Jinping and Russian President Vladimir Putin (and perhaps because of it), a large part of the world agreed and put its stamp on India’s global developmental priorities.

Elon Musk on Sunday vouched that his social media company X, formerly Twitter, will fight for maximum freedom of speech under the law. Musk said that while his company follows the aforesaid policy, anyone working at X who does not comply with the principle can join «other social media companies who sell their soul for a buck», he wrote in a post on X.

Mohammed Siraj claimed four wickets in one over to rattle Sri Lanka's batting after a rain-delayed start in the Asia Cup final on Sunday. Siraj also became the first Indian bowler to achieve this feat. Pace bowler Mohammad Siraj took a total of six wickets in the match against Sri Lanka, limiting the Dasun Shanaka led team to a mere fifty runs in 15.2 overs.

KL Rahul, Ishan Kishan, Hardik Pandya, Ravindra Jadeja, Washington Sundar, Jasprit Bumrah, Kuldeep Yadav, Mohammed Siraj Sri Lanka: Pathum Nissanka, Kusal Perera, Kusal Mendis, Sadeera Samarawickrama, Charith Asalanka, Dhananjaya de Silva, Dasun Shanaka (captain), Dunith Wellalage, Dushan Hemantha, Pramod Madushan, Matheesha Pathirana.

President Joe Biden says he’s dispatching two of his top aides to Detroit to help resolve the strike by unionized autoworkers

The United Auto Workers strike has exposed tensions between President Joe Biden's goals of fighting climate change and supporting unions

The United States is at risk of another damaging government shutdown, potentially as soon as the end of September

Small-scale, tech-based solutions to transportation problems have emerged as a great equalizer in the battle for infrastructure dollars between big cities and rural communities

BRASILIA (Reuters) — On his first trip to Cuba during his third term in office, Brazilian President Luiz Inacio Lula da Silva called the embargo imposed by the United States on the island «illegal» and denounced the island's inclusion on the list of state sponsors of terrorism.

WASHINGTON—Wall Street is feeling the pain of inflation—at the tills of its regulators. Big banks and brokerage firms are handing over bigger checks to settle regulatory investigations, including those that don’t result in losses for investors. U.S.

By Humeyra Pamuk, Trevor Hunnicutt and Tim Kelly

India is set to take on Sri Lanka in the Asia Cup final on Sunday at the Colombo Stadium. India was the first to enter the final with a thumping 41-run win over a spirited Sri Lanka in a Super 4 match earlier this week. Hence, the loss to Bangladesh on Friday did not affect its chances as it already entered the final with four points and a much better run rate than other teams. Later, Sri Lanka also secured its berth in the Asia Cup final after snatching a two-wicket victory over Pakistan on Thursday. Meanwhile, India has called Washington Sundar as a cover for the injured Axar Patel for the Asia Cup final against Sri Lanka on Sunday. Axar sustained several injuries during India's six-run loss to Bangladesh in their last Super Four match on Friday. Sri Lanka off-spinner Maheesh Theekshana has also been ruled out of the Asia Cup final clash against India on Sunday due to a hamstring injury.

WASHINGTON (Reuters) — A son of drug kingpin El Chapo was extradited to the United States on Friday, U.S. Attorney General Merrick Garland said in a statement.

By Gram Slattery and James Oliphant

Xi Jinping, has linked arms with two anti-Western states, declaring a «no limits» partnership with Russia and pledging «unswerving» support for North Korea. But the specter of a budding bromance between Russian President Vladimir Putin and North Korean leader Kim Jong Un, after their meeting this week in eastern Russia, may not be as welcome a development for Xi as it might initially seem. Closer ties between Pyongyang and Moscow could result in both countries being less reliant on Beijing. That might diminish China's perceived clout in global negotiations over ending Russia's war in Ukraine and curtailing North Korea's nuclear program. «I doubt Xi is overjoyed to see the Kim-Putin lovefest unfolding across China's border,» said John Delury, a professor of Chinese studies at Yonsei University in Seoul, South Korea.

By Andrea Shalal and David Lawder

Biden sending top aides to Detroit to help with auto strike, says employers should share profits with unionized workers

President Joe Biden says he’s dispatching two of his top aides to Detroit to help resolve the strike by unionized autoworkers

Premier League team Everton will be bought by American private investment firm 777 Partners

President Joe Biden has announced new U.S. sanctions on “some of Iran’s most egregious human rights abusers” as he marks the anniversary of the death of 22-year-old Mahsa Amini