Reuters Daily Briefing March 7, 2023 - China says U.S. should change attitude or risk conflict, Ukraine's top generals vow to keep defending Bakhmut, and BP hasn't fallen out of love with renewables.

 

Hello China says U.S. should change attitude or risk conflict, Ukraine's top generals vow to keep defending Bakhmut, and BP hasn't fallen out of love with renewables.   By Kate Turton World News Chinese Foreign Minister Qin Gang attends a news conference on the sidelines of the National People's Congress in Beijing, March 7, 2023. REUTERS/Thomas Peter The United States should change its "distorted" attitude towards China or "conflict and confrontation" will follow, China's foreign minister said, while defending its stance on the war in Ukraine and its close ties with Russia. What to look for at China's National People's Congress annual session. Ukraine's top generals have vowed to keep defending the eastern city of Bakhmut, President Volodymyr Zelenskiy said, as Russian forces fought to tighten their siege and secure their first major battlefield gain in more than six months. Israel Prime Minister Benjamin Netanyahu's hard-right, religious government has divided Israel and sparked protests with sweeping judicial reforms. What is the uproar over judicial changes all about? North Korea said any move to shoot down one of its test missiles would be considered a declaration of war and blamed a joint military exercise between the United States and South Korea for growing tensions, state media KCNA said. Britain's government will set out plans for a new law barring those entering the country through unofficial routes from claiming asylum, in a bid to stop migrants arriving on its shores in small boats. Prime Minister Rishi Sunak has made stopping boat arrivals one of his five key priorities. Business & Markets  Solar panels are seen in this drone photo at the Impact solar facility in Deport, Texas, July 15, 2021. REUTERS/Drone Base BP plans to reset renewables as oil and gas boom, slowing their planned cuts in oil and gas, and scaling back renewables spending. This after CEO Bernard Looney's pursuit of green energy outstripped all rivals three years ago when he outlined a radical blueprint to move away from fossil fuels. The Reuters World News podcast asks: "Have bumper fossil fuel profits taken some of the steam out of the green revolution?" Embattled Indian conglomerate Adani Group said it prepaid share-backed financing of  $901.16 million, as it looks to allay fears over leverage and debt since U.S. short seller Hindenburg Research's critical report sparked a stock rout.  Unions in France organized a sixth day of nationwide strikes against President Emmanuel Macron's pension reform plans, bringing trains to a halt, blocking oil refineries, and reducing power production. Opinion polls have for weeks shown that a majority of voters reject the reform. Global shares were broadly steady and the dollar nudged higher, ahead of Federal Reserve Chair Jerome Powell's testimony that could offer a steer on the outlook for U.S. rates, while soft Chinese trade data dented oil. A lack of availability in fresh produce categories weighed on sales growth at British supermarkets in the four weeks to Feb. 25, industry data showed. Britons have been grappling with a shortage of key salad staples, particularly tomatoes, cucumbers and peppers. U.S. News U.S. President Joe Biden delivers remarks at the DNC 2023 Winter Meeting in Philadelphia, Pennsylvania, U.S., February 3, 2023. REUTERS/Elizabeth Frantz President Joe Biden will propose raising the Medicare tax on high earners to help keep the federal insurance program solvent as part of his budget, the White House said. The tax increase is part of a package of proposals aimed at extending the solvency of the Medicare’s Hospital Insurance (HI) Trust Fund by at least 25 years. The White House is considering restarting the detention of migrant families caught crossing the U.S.-Mexico border, four current and former officials told Reuters. The Biden administration also is weighing reviving immigration arrests of migrant families within the U.S. who have been ordered deported. California will not do business with Walgreens, state Governor Gavin Newsom said in a tweet, days after the pharmacy chain said it would not dispense abortion pills in some Republican-dominated states. Here's the U.S. state abortion legislation to watch in 2023. Defense Secretary Lloyd Austin made an unannounced trip to Iraq in a visit aimed at showing that Washington was committed to keeping its military presence there nearly 20 years after the U.S.-led invasion that toppled Saddam Hussein. Two senators said their efforts to tackle foreign technology threats were advancing and they will unveil legislation granting President Biden's administration new powers to ban TikTok and other apps that could pose security risks.  And finally Artist Harrison Marshall poses outside the skip, or dumpster, where he intends to live in for a year, London, March 3, 2023. REUTERS/Henry Nicholls Artist moves into rubbish skip in protest at 'crazy' London costs Chile announces biological corridor to protect endangered deer Put that out! Italy ministers fume over proposed smoking ban We think you may like this: