Presidents Vladimir Putin and Xi Jinping agreed in a video call on Wednesday: Russia and China should stand firm in rejecting Western interference and defending each other’s security interests. The two presidents’ conversation, eight days after Putin spoke to U.S. President Joe Biden in a similar format, underscored how U.S.-Europe …

The Fed’s policy committee announced it would both end its bond-buying program and likely raise interest rates sooner than had been expected. “Inflation is more persistent and higher, and that the risk of it remaining higher for longer has grown,” Fed chair Jerome Powell explained. Translated: Powell and the Fed …

Australia, the United Kingdom and the United States of America recently held the inaugural meetings of the AUKUS Trilateral Joint Steering Groups, which were established as part of the governance structure of AUKUS in September 2021. The Joint Steering Group for Advanced Capabilities met on December 9 and the Joint …