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Xinhua world news summary at 0030 GMT, March 14

Xinhua, March 14, 2015 Adjust font size:

The United States and Cuba will hold a new round of talks on re-establishing diplomatic relations and re-opening embassies Monday, the State Department said Friday.

Roberta Jacobson, U.S. Assistant Secretary of State for Western Hemisphere, will travel to the Cuban capital of Havana Sunday for talks with Josefina Vidal, Director General of the U.S. Division of Cuba's Ministry of Foreign Affairs.(U.S.- Cuba)

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WASHINGTON -- The United States on Friday once again called for "high standards" incorporated into any new multilateral institution like the China-proposed Asian Infrastructure Investment Bank (AIIB).

State Department spokeswoman Jennifer Psaki reiterated U.S. position in her comment on Britain's application a day earlier to join the AIIB as a founding member, a move Washington had reportedly complained about being taken with "virtually no consultation with the U.S." (U.S.-AIIB)

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HELSINKI -- Icebreaker assistance for ships around ports in northern Finland remained at a standstill on Friday due to a strike over salary issues.

Negotiations to resolve the crisis ended on Friday without fruitful results and the strike would possibly continue into next week. (Finland-Strike)

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SHARM EL-SHEIKH, Egypt -- Saudi Arabia, Kuwait and the United Arab Emirates (UAE) pledged on Friday a total of 12 billion U.S. dollars in aid and investment to boost Egypt's ailing economy at Egypt's Economic Development Conference (EEDC).

After Egyptian President Abdel-Fattah al-Sisi inaugurated the conference at the Egyptian Red Sea resort city of Sharm el-Sheikh, Emir of Kuwait Sheikh Sabah al-Ahmad al-Jaber al-Sabah told the conference that Kuwaiti investment bodies will pour four billion dollars into Egypt's different sectors. (Egypt-EEDC) Endi