World Business Report US-China trade talks: What's up for grabs?
While the US and China negotiating teams are locked in a second day of trade talks in London, we look at the key figures and businesses caught in the middle between the World's two largest economies.
With the UK announcing a multibillion dollar project to build a new nuclear power station, Will Bain discusses how Europe is trying to have greater control of its energy supply in the aftermath of Russia's invasion of Ukraine.
And why Japan is experiencing an extreme shortage of one of its staple foods - rice.
The latest business and finance news from around the world, on the BBC.
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WASHINGTON, June 11 (Reuters) - The U.S. Senate on Wednesday blocked resolutions that would have halted more than $3 billion in military sales to the governments of Qatar and the United Arab Emirates. The Senate voted 56-39 against considering legislation that would have blocked the $1.9 billion sale of armed drones and associated equipment to Qatar. The vote was largely along party lines, with Trump's fellow Republicans opposing the effort to stop the sale and most Democrats backing it. The 100-member chamber later voted by the same 56 to 39 margin against an effort to block a $1.6 billion sale to the UAE of helicopters and other equipment. Backers of the resolutions of disapproval said they opposed the sales for reasons including Qatar's offer of a luxury jet as a gift to Trump and an agreement for a firm backed by the Emiratis to use a stablecoin launched by Trump's World Liberty Financial crypto venture. Connecticut Democratic Senator Chris Murphy, a lead sponsor of the resolutions, called the agreements a corruption of U.S. foreign policy. The embassies of Qatar and the UAE did not immediately respond to requests for comment. Senator Jim Risch, the Idaho Republican who is chairman of the Senate Foreign Relations Committee, described both countries as reliable partners to the U.S. and dismissed the resolutions as partisan politics.
The Independent
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Reuters
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