China retaliates against EU with a ban on European medical devicesNew Foto - China retaliates against EU with a ban on European medical devices

BANGKOK (AP) — China said Sunday that European medical device companies will be barred from selling to the Chinese government as a countermeasure for the European Union's restrictions on the sale of similar products from China. European companies will be excluded if the budget for procurement is above 45 million yuan ($6.28 million), according to a notice from the Finance Ministry on Sunday with the restrictions in place the same day. The move will not apply to European companies that have invested in China and that manufacture goods in the country. China on Friday imposed anti-dumping duties on European brandy, most notablycognac produced in France. While the duties on brandy include several exceptions for major brandy producers, China and the EU have multiple trade disputes across a range of industries. China protested after many European countries levied duties on EVs made in China. Since then, China has also launched investigations into Europeanporkanddairy products. In June, the EU announced that Chinese companies were to be excluded from any government purchases of more than 5 million euros ($5.89 million). The measure seeks to incentivise China to cease its discrimination against EU firms, the EU said, accusing China of erecting "significant and recurring legal and administrative barriers to its procurement market." In response, China has said it had "no choice but to implement countermeasures." "China has repeatedly expressed through bilateral dialogues that it is willing to properly handle differences with the EU through dialogue and consultation and bilateral government procurement arrangements," said a statement from a spokesman with the Ministry of Commerce. "Unfortunately, the EU has ignored China's goodwill and sincerity and still insisted on taking restrictive measures and building new protectionist barriers."

China retaliates against EU with a ban on European medical devices

China retaliates against EU with a ban on European medical devices BANGKOK (AP) — China said Sunday that European medical device companies w...
Hezbollah leader refuses to disarm until Israel withdraws from southern LebanonNew Foto - Hezbollah leader refuses to disarm until Israel withdraws from southern Lebanon

BEIRUT (AP) — Hezbollah leader Naim KassemreiteratedSunday the militant group'srefusal to lay down its weaponsbefore Israel withdraws from all of southernLebanonand stops its airstrikes. He spoke in a video address, as thousands gathered in Beirut's southern suburbs to mark the Shiite holy day of Ashoura Ashoura commemorates the 680 AD Battle of Karbala, in which the Prophet Muhammad's grandson, Imam Hussein, was killed after he refused to pledge allegiance to the Umayyad caliphate. For Shiites, the commemoration has come to symbolize resistance against tyranny and injustice. This year's commemoration comes in the wake ofa bruising warbetween Israel and Hezbollah, which nominally ended with a U.S.-brokered ceasefire in late November. Israeli strikes killed much of Hezbollah's top leadership, including longtimeSecretary General Hassan Nasrallah, and destroyed much of its arsenal. Since the ceasefire, Israel has continued to occupy five strategic border points in southern Lebanon and to carry out near-daily airstrikes that it says aim to prevent Hezbollah from rebuilding its capabilities. Those strikes have killed some 250 people since November, in addition to more than 4,000 killed during the war, according to Lebanon's Health Ministry. There has been increasing international and domestic pressure forHezbollahto give up its remaining arsenal. "How can you expect us not to stand firm while the Israeli enemy continues its aggression, continues to occupy the five points, and continues to enter our territories and kill?" Kassem said in his video address. "We will not be part of legitimizing the occupation in Lebanon and the region. We will not accept normalization (with Israel)." In response to those who ask why the group needs its missile arsenal, Kassem said: "How can we confront Israel when it attacks us if we didn't have them? Who is preventing Israel from entering villages and landing and killing young people, women and children inside their homes unless there is a resistance with certain capabilities capable of minimal defense?" His comments come ahead of an expected visit by U.S. envoy Tom Barrack to Beirut to discuss a proposed plan for Hezbollah's disarmament and the withdrawal of Israeli forces from the rest of southern Lebanon. Barrack posted Saturday on X that Lebanon is facing "a historic moment to supersede the strained confessionalism of the past and finally fulfill (its) true promise of the hope of 'One country, one people, one army'" and quoted U.S.President Donald Trumpsaying, "Let's make Lebanon Great again."

Hezbollah leader refuses to disarm until Israel withdraws from southern Lebanon

Hezbollah leader refuses to disarm until Israel withdraws from southern Lebanon BEIRUT (AP) — Hezbollah leader Naim KassemreiteratedSunday t...
Kyle Higashioka homers and drives in 5 runs in the Rangers' 7-4 victory over the PadresNew Foto - Kyle Higashioka homers and drives in 5 runs in the Rangers' 7-4 victory over the Padres

SAN DIEGO (AP) — Kyle Higashioka was 3 for 3 with a home run and five RBIs from the ninth spot in the order in the Texas Rangers' 7-4 victory over the San Diego Padres on Saturday night. Patrick Corbin (5-7) allowed two runs on six hits in six innings to help Texas even the series. Luis Arraez singled four times for San Diego, with the final one coming off Robert Garcia and loading the bases with two outs in the ninth. Shawn Armstrong came in and retired Xander Bogaerts on a force at third for his third save. Josh Smith hit the first pitch from Stephen Kolek (3-4), who allowed six runs on nine hits in 5 1/3 innings, to right field for his eighth homer and a 1-0 lead. Jose Iglesias drew a one-out walk off Corbin in the second and Jake Cronenworth, who singled in the winning run in the 10th inning of a 3-2 win Friday, hit his eighth home run to put the Padres up 2-1. Jake Burger was hit by a pitch leading off the third, and Higashioka followed with his second homer to put the Rangers ahead 3-2. Wyatt Langford walked with two outs in the fourth and scored on Jonah Heim's double. Burger and Higashioka had two straight singles for a 5-2 advantage. Langford singled leading off the sixth, took third on Burger's single and scored on Higashioka's sacrifice fly to make it 6-2. Luke Jackson replaced Corbin to begin the seventh and loaded the bases with nobody out. Jackson Merrill and Manny Machado followed with sacrifice flies to get the Padres to 6-4. Texas answered in the eighth with Higashioka's third hit — a two-out run-scoring single for the final run. Machado went 1 for 4, leaving him two hits away from 2,000. Key moment Higashioka's two-run homer in the third gave Texas the lead for good. Key stat San Diego has won 13 of 15 games against Texas since 2020. Up next The Padres haven't announced who will start opposite Rangers RHP Jack Leiter (4-5, 4.29) on Sunday in the series finale. ___ AP MLB:https://apnews.com/hub/mlb

Kyle Higashioka homers and drives in 5 runs in the Rangers' 7-4 victory over the Padres

Kyle Higashioka homers and drives in 5 runs in the Rangers' 7-4 victory over the Padres SAN DIEGO (AP) — Kyle Higashioka was 3 for 3 wit...
Chris Richards says US team ready to fight in Gold Cup final against MexicoNew Foto - Chris Richards says US team ready to fight in Gold Cup final against Mexico

HOUSTON (AP) — Chris Richards has noticed a turnaround in the U.S. team during the CONCACAF Gold Cup, a change from both the end of coach Gregg Berhalter's tenure and the start of Mauricio Pochettino's. "We kind of like to fight, so I think that's something that maybe has been missing from the national team over the last few camps, few months, few years," the defender said ahead of Sunday's final against Mexico. "We didn't come into camp saying that we want to fight, but I think if teams want to bring it to us, then they have something else coming for them. Of course, we want to win games, but sometimes in CONCACAF it's not pretty, so you have to do the dirty things." Mexico is the defending champion and has nine titles to seven for the U.S. and one for Canada. A pro-Mexico crowd is expected at NRG Stadium. Richards said the Americans have bonded during their month together, causing players to defend each other when opponents challenge them. "We love each other as if we're a big family, and if you have siblings you know that if anybody messes with your sibling, well, I guess for lack of a better word, you kind of have to kill them," he said Saturday. "You're allowed to do whatever to your siblings, but nobody from the outside can." Missing many of its regular starters because of injuries, vacation and the Club World Cup, the No. 16 U.S managed five wins over relatively weak opponents and reached its first Gold Cup final since 2021. The meeting with 17th-ranked Mexico will be the last competitive match for both nations before they co-host next year's World Cup along with Canada. "I think the team is going to be ready not only to fight on the pitch against players from Mexico with the difficult atmosphere on the stadium, on the crowd, but I think it's good for us," said Pochettino, who admired the energy-filled semifinal crowd in St. Louis that was 90% pro-Guatemala. "It's good because I think it's going to be maybe the last game that we are going to play under pressure, and to play under pressure is what we need." The U.S. advanced with victories over teams ranked No. 100 (Trinidad and Tobago), 58 (Saudi Arabia), 83, (Haiti), 54, (Costa Rica) and 106 (Guatemala), winning three times by one goal and once on penalty kicks. The only dominant performance was an opening 5-0 rout of T&T. The Americans entered the Gold Cup with a four-game losing streak, their longest since 2007. Defender Tim Ream, at 37 the oldest player on the roster, said it took time for them to adjust to Pochettino and his assistants. "This is a different atmosphere now," he said. "This is different set of coaches, different ideas, different standards, different values, different everything. And it was a learning process, for sure." Pochettino is a former coach of Tottenham and Paris Saint-Germain, where he guided Lionel Messi. "From the outside looking in, they can be a little bit intimidating," Richards said. "But then once you finally get to meet them, you understand that they're all just big teddy bears and they all really care about family." Matt Freese has emerged during the Gold Cup to supplant Matt Turner for now as the starting goalkeeper. "I think we've proved that we can play against some bigger opponents. I think we've proved that we surprise people," he said. "We haven't proved what we want to prove yet, and so the job is not finished." Ahead of the final, Pochettino gathered the players and staff for a motivational message, "He said something about his dreams last night," midfielder Malik Tillman said, "and about his dream for tomorrow." ___ AP soccer:https://apnews.com/hub/soccer

Chris Richards says US team ready to fight in Gold Cup final against Mexico

Chris Richards says US team ready to fight in Gold Cup final against Mexico HOUSTON (AP) — Chris Richards has noticed a turnaround in the U....
Leaders of growing BRICS group gather for Rio summitNew Foto - Leaders of growing BRICS group gather for Rio summit

By Lisandra Paraguassu RIO DE JANEIRO -Leaders of the growing BRICS group of developing nations were set to gather in Rio de Janeiro on Sunday, calling for reform of traditional Western institutions while presenting the bloc as a defender of multilateralism in an increasingly fractured world. With forums such as the G7 and G20 groups of major economies hamstrung by divisions and the disruptive "America First" approach of U.S. President Donald Trump, expansion of the BRICS has opened new space for diplomatic coordination. "In the face of the resurgence of protectionism, it is up to emerging nations to defend the multilateral trade regime and reform the international financial architecture," Brazilian President Luiz Inacio Lula da Silva told a BRICS business forum on Saturday. BRICS nations now represent over half the world's population and 40% of its economic output, Lula noted. The BRICS group gathered leaders from Brazil, Russia, India and China at its first summit in 2009. The bloc later added South Africa and last year included Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia and the United Arab Emirates as full members. This is the first leaders' summit to include Indonesia. "The vacuum left by others ends up being filled almost instantly by the BRICS," said a Brazilian diplomat who asked not to be named. Although the G7 still concentrates vast power, the source added, "it doesn't have the predominance it once did." However, there are questions about the shared goals of an increasingly heterogenous BRICS group, which has grown to include regional rivals along with major emerging economies. Stealing some thunder from this year's summit, Chinese President Xi Jinping chose to send his prime minister in his place. Russian President Vladimir Putin is attending online due to an arrest warrant from the International Criminal Court. Still, many heads of state will gather for discussions at Rio's Museum of Modern Art on Sunday and Monday, including Indian Prime Minister Narendra Modi and South African President Cyril Ramaphosa. Over 30 nations have expressed interest in participating in the BRICS, either as full members or partners. GROWING CLOUT, COMPLEXITY Brazil, which also hosts the United Nations climate summit in November, has seized on both gatherings to highlight how seriously developing nations are tackling climate change, while Trump has slammed the brakes on U.S. climate initiatives. Both China and the UAE signaled in meetings with Brazilian Finance Minister Fernando Haddad in Rio that they plan to invest in a proposed Tropical Forests Forever Facility, according to two sources with knowledge of the discussions about funding conservation of endangered forests around the world. Expansion of the BRICS has added diplomatic weight to the gathering, which aspires to speak for developing nations across the Global South, strengthening calls for reforming global institutions such as the United Nations Security Council and the International Monetary Fund. The growth of the bloc has also increased the challenges to reaching consensus on contentious geopolitical issues. Ahead of the summit, negotiators struggled to find shared language for a joint statement about the bombardment of Gaza, the Israel-Iran conflict and a proposed reform of the Security Council, said two of the sources, who requested anonymity to speak openly. To overcome differences among African nations regarding the continent's proposed representative to a reformed Security Council, the group agreed to endorse seats for Brazil and India while leaving open which country should represent Africa's interests, a person familiar with the talks told Reuters. The BRICS will also continue their thinly veiled criticism of Trump's U.S. tariff policy. At an April ministerial meeting, the bloc expressed concern about "unjustified unilateral protectionist measures, including the indiscriminate increase of reciprocal tariffs." (Reporting by Lisandra Paraguassu in Rio de Janeiro; Writing by Manuela Andreoni; Editing by Brad Haynes and David Gregorio)

Leaders of growing BRICS group gather for Rio summit

Leaders of growing BRICS group gather for Rio summit By Lisandra Paraguassu RIO DE JANEIRO -Leaders of the growing BRICS group of developing...
Investment firm Azoria postpones Tesla ETF after Musk plans political partyNew Foto - Investment firm Azoria postpones Tesla ETF after Musk plans political party

(Reuters) -Investment firm Azoria Partners said on Saturday it will postpone the listing of its Azoria Tesla Convexity exchange traded fund after Tesla CEO Elon Musk said he was forming a new U.S. political party. Musk made the announcement a day after polling his followers on the X social media platform he owns, declaring, "Today the America Party is formed to give you back your freedom." Azoria was set to launch the Tesla ETF, which would invest in the electric vehicle company's shares and options, next week. However, following Musk's announcement Azoria CEO James Fishback posted on X several critical comments of the new party and repeated his support for U.S. President Donald Trump. That culminated in a post where Fishback announced the postponement of the ETF. "I encourage the Board to meet immediately and ask Elon to clarify his political ambitions and evaluate whether they are compatible with his full-time obligations to Tesla as CEO," Fishback said. The announcement undermines the confidence shareholders had in Tesla's future after Musk said in May he was stepping back from his role leading the Department of Government Efficiency, Fishback said. Tesla did not immediately respond to a Reuters' request for comment. The announcement from Musk comes after Trump signed his self-styled "big, beautiful" tax-cut and spending bill into law on Friday, which Musk fiercely opposed. Azoria is also offering the Azoria 500 Meritocracy ETF that only invests in the top 500 U.S. companies that do not impose hiring targets under diversity, equity and inclusion programs, according to its website. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Christian Schmollinger)

Investment firm Azoria postpones Tesla ETF after Musk plans political party

Investment firm Azoria postpones Tesla ETF after Musk plans political party (Reuters) -Investment firm Azoria Partners said on Saturday it w...
Adames has 3 hits and 4 RBIs, Webb pitches into 7th inning as Giants beat Athletics 7-2New Foto - Adames has 3 hits and 4 RBIs, Webb pitches into 7th inning as Giants beat Athletics 7-2

WEST SACRAMENTO, Calif. (AP) — Willy Adames had three hits and four RBIs to back a strong start by Logan Webb and the San Francisco Giants beat the Athletics 7-2 on Saturday night. Webb (8-6) gave up two runs and seven hits in 6 2/3 innings to move to 4-0 in five career starts against the Athletics. Randy Rodríguez got the final out in the seventh and Tyler Rogers and Spencer Bivens each pitched a scoreless inning to close it out as the Giants won for the third time in four games. Luis Severino (2-10) walked Mike Yastrzemski to begin the game then hit Heliot Ramos with a pitch. One out later, he hit Matt Chapman to load the bases before Yastrzemski was forced out at home on Jung Hoo Lee's grounder. Adames singled up the middle for a 2-0 lead. Nick Kurtz led off the second against Webb with a double, moved to third on Shea Langeliers' infield hit and scored on Tyler Soderstrom's double-play grounder get the Athletics on the scoreboard. Chapman and Lee had two-out singles in the third and Adames had a two-run single to make it 4-1. Ramos hit his 14th home run — a 416-foot leadoff shot to center field in the fifth for a 5-1 lead, and Brett Wisely added a two-run double in the sixth. Kurtz added an RBI double in the sixth for the Athletics' final run. Severino allowed five runs and five hits in 4 1/3 innings and is still looking for his first win at home in his first season with the Athletics. He has give up 19 earned runs in his last four starts covering 18 innings. Key moment Both of Adames' two-run singles came with two outs. Key stat The Giants' 3.47 team ERA leads the NL while the Athletics' 5.30 ERA is the worst in the AL. Up next Giants RHP Hayden Birdsong (3-3, 4.30 ERA) starts Sunday's finale opposite Athletics LHP Jacob Lopez (2-4, 3.88). ___ AP MLB:https://apnews.com/hub/mlb

Adames has 3 hits and 4 RBIs, Webb pitches into 7th inning as Giants beat Athletics 7-2

Adames has 3 hits and 4 RBIs, Webb pitches into 7th inning as Giants beat Athletics 7-2 WEST SACRAMENTO, Calif. (AP) — Willy Adames had thre...

 

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