Tag: Israel

China’s Economic Stake in the Middle East: Its Thirst for Oil

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China has cast itself as a neutral geopolitical player in the Middle East. It brokered a deal in March to help Iran and Saudi Arabia restore relations. And in the days since Hamas attacked Israel from Gaza, China has tried to keep its distance, with a government spokesman calling the country “a common friend of both Israel and Palestine.” Yet China’s stakes in the Middle East are high, particularly if the war now being fought in Israel and Gaza were to broaden through the region. One big reason: Oil. No…

Fragile Global Economy Faces New Crisis in Israel-Gaza War

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The International Monetary Fund said on Tuesday that the pace of the global economic recovery is slowing, a warning that came as a new war in the Middle East threatened to upend a world economy already reeling from several years of overlapping crises. The eruption of fighting between Israel and Hamas over the weekend, which could sow disruption across the region, reflects how challenging it has become to shield economies from increasingly frequent and unpredictable global shocks. The conflict has cast a cloud over a gathering of top economic policymakers…

Xi-Schumer Meeting Raises Hopes of Smoother U.S.-China Relations

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China’s top leader, Xi Jinping, met with Senator Chuck Schumer, the majority leader, in Beijing on Monday and expressed hopes of “peaceful coexistence” between China and the United States, even as escalating violence in the Middle East threatens to deepen a wedge between the two powers. “We have 1,000 reasons to make China-U.S. relations work well and not a single reason to make China-U.S. relations bad,” Mr. Xi said while meeting with the Democratic senator from New York. Mr. Xi’s amicable tone is likely to increase expectations that he will…

Athens Democracy Forum: Daring to Hope That Democracy Will Prevail

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That Mr. Putin had to journey to North Korea last month to seek support for a long war was a measure of his humiliating isolation, whatever Russia’s ascendancy in Africa, where it has contrived to present itself as an anticolonial power even as it fights a form of colonial war aimed at reabsorbing Ukraine, or much of it, into the “Russkiy Mir,” or Russian world. Ukraine, of course, is fighting for democracy, freedom, the sanctity of sovereignty and the right of a sovereign state to choose its strategic direction. This…

Intel Acquisition of Tower Semiconductor Is Scuttled by China

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China has effectively scuttled a $5.4 billion deal by Intel, the Silicon Valley semiconductor giant, in the latest sign of the frayed business ties between China and the United States. Intel, which has long had operations in China, said Wednesday that it had “mutually agreed” to terminate a planned merger with Tower Semiconductor, an Israeli chip manufacturer. The announcement came after China’s antitrust regulators failed to rule on the transaction before a deadline set by the companies. The failure of Intel to complete the acquisition of Tower could send a…

The G.O.P. Backed Gal Luft on Hunter Biden Claims. Now He’s Indicted.

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The co-director of a Maryland-based research group who claims to have damaging information about Hunter Biden has been charged with arms trafficking, sanctions violations and acting as an unregistered agent for China, according to a federal indictment unsealed on Monday. In an eight-count indictment, prosecutors in the Southern District of New York accused Gal Luft, a dual U.S.-Israeli citizen, of violating the Arms Export Control Act and the Foreign Agents Registration Act in brokering arms deals between Chinese companies, Iran and countries in the Middle East. Mr. Luft, promoted by…

Today’s Top News: Israel’s Deadly Operation in the West Bank, and More

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The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter. The Headlines brings you the biggest stories of the day from the Times journalists who are covering them, all in about 10 minutes. Hosted by Annie Correal, the new morning show features three top stories from reporters across the newsroom and around the world, so you always have a…

How Russia’s Allies May React to Prigozhin’s Mutiny Against Putin

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Even before President Vladimir V. Putin of Russia broke his public silence on Monday about the aborted mutiny that brought rogue troops to within 125 miles of Moscow, he was on the phone to the leaders of Iran, Qatar and other friendly countries, soaking up their expressions of support while presumably promising a return to stability. For Mr. Putin, who has cobbled together a surprisingly sturdy list of countries that either back his war on Ukraine or have stayed neutral, it was a much-needed display of mutual reassurance. Russia’s message,…

The Guardian view on banning council boycotts: a blow to local democracy | Editorial

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In the early 1980s, Margaret Thatcher described the African National Congress as a “typical terrorist organisation” and one of her MPs said that Nelson Mandela should be shot. In sharp contrast, British councils took a stand against apartheid by boycotting South African goods. Mayors around the world signed a declaration calling for the release of the man who would become not only his country’s leader, but a global icon of democracy and justice. These efforts helped to shift public attitudes towards the struggle for freedom. In an increasingly globalised world,…

Biden Administration Engages in Long-Shot Attempt for Saudi-Israel Deal

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Shortly after his plane took off earlier this month from Riyadh, where he had held a lengthy meeting with Saudi Arabia’s crown prince, Secretary of State Antony J. Blinken called a different Middle East leader, Prime Minister Benjamin Netanyahu of Israel. Over 40 minutes, Mr. Blinken gave the Israeli leader a briefing about the significant demands the young crown prince, Mohammed bin Salman, was making for his nation to normalize diplomatic relations with Israel. Mr. Netanyahu had an update on his own demands. The phone call — described by two American…