Top World News

Xi Jinping has hosted more than a dozen leaders this year, as ‘middle powers’ look beyond the US

China’s leader wants to promote his alternative to the current world order, and his efforts are being assisted by a capricious US Xi Jinping meets Bangladesh’s new prime minister on Friday, the latest in a wave of world leaders to visit Beijing this year as the Chinese leader builds his influence and economic ties, and seeks to “shift the balance of power” away from the west.Xi’s meeting with Tarique Rahman comes less than two weeks after the Chinese leader welcomed Myanmar’s military chief-turned-president, Min Aung Hlaing, in Beijing. Continue reading...

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A historic heat wave catches Europe's fashion industry unprepared

Paris Fashion Week Men’s became a test of fashion’s relationship with heat

California’s proposed billionaire tax: what you need to know

Plan to levy 5% tax on California billionaires championed by progressives – but state’s super rich are forcefully opposedFull story: California billionaire tax heads to ballotThe proposed billionaire tax in California is officially heading to voters’ ballots in November. After getting more than double the necessary signatures to qualify, the secretary of state certified the ballot measure late on Thursday.The confirmation came after backroom dealing didn’t pan out between California’s governor, Gavin Newsom, who opposes the proposal, and the labor union backing it. Continue reading...

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California billionaire tax will appear on ballot after deadline for deal passes

Proposal to introduce one-time tax of 5% will go to voters in November after backers decline to withdraw measureCalifornia’s billionaire tax, explained: what you need to knowCalifornia voters will get to decide in November whether billionaires should pay a one-time 5% tax, after a deadline passed on Thursday for its backers to withdraw the measure.“Enthusiasm for the billionaire tax is unlike anything we have seen before,” Debru Carthan, vice-president of the union sponsoring the measure, said during a Thursday-evening press conference. “The billionaire tax will be on the November ballot and we intend to win.” Continue reading...

Experts say three recent powerful earthquakes are not related

5.6-magnitude California tremor, 7.2-magnitude temblor in Japan and two quakes in Venezuela all struck within hoursA 5.6-magnitude earthquake struck a rural part of northern California on Wednesday. Hours later, a 7.2-magnitude earthquake hit the northern coast of Japan and two powerful earthquakes rocked Venezuela in a devastating mass casualty event.The tremors happened in the span of eight hours, prompting online speculation over whether they were related. Continue reading...