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US and China ‘on precipice’ of conflict – Kissinger

The veteran diplomat has urged Washington and Beijing to defuse tensions amid fears of a military clash over Taiwan The US and China could slide into an open military confrontation if they continue to pursue their current policies, former US Secretary of State Henry Kissinger warned in an interview released on Thursday.

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Russia an ‘ark of normalcy’ to Western traditionalists – senior official

Tens of thousands could relocate to the country to raise families, Evgeny Primakov predicted Russia is perceived as an “ark of normalcy and serenity” to Westerners who appreciate traditional family and cultural values, according to Evgeny Primakov, the head of an agency in charge of humanitarian contacts. Tens of thousands of such people may move…

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Eurozone industrial output weaker than expected – Eurostat   

The single-currency area remains in a “stagnation environment” after two quarters of negative growth   Industrial production in the eurozone rebounded slightly in April after a slump in March, the European Union’s statistics office Eurostat said on Wednesday. However, the bounce back was weaker than expected, indicating underlying risks for the economies of the 20…

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