Australia’s government, which will preside over the next UN climate summit, should gather the world’s 25 biggest greenhouse gasemitting countries and push them to draw up a roadmap to end the era of fossil fuels, former US secretary of state John Kerry has said. Only by “hard-nosed” confrontation with fossil fuel producers, and reducing their consumption in major economies, would the world be able to tackle the climate crisis, he said. Australia’s climate change and energy minister, Chris Bowen, has been given the role of “president of negotiations”, even though…
Tag: US news
China’s Xi Jinping raises future of Taiwan in call with Donald Trump
Chinese leader Xi Jinping has told Donald Trump that Beijing’s claims to Taiwan remain unchanged, in a phone call that came amid rising tensions over the self-governing island. Xi told Trump on Monday that Taiwan’s return to China was an “integral part of the postwar international order” forged in the joint US-China fight against “fascism and militarism”, according to the Chinese foreign ministry. China claims Taiwan as part of its territory and has vowed to annex it, by force if necessary. Taiwan’s democratically elected government strongly rejects China’s stance. The…
China has brought millions out of poverty. The US has not – by choice
The Chinese did rather well in the age of globalization. In 1990, 943 million people there lived on less than $3 a day measured in 2021 dollars – 83% of the population, according to the World Bank. By 2019, the number was brought down to zero. Unfortunately, the United States was not as successful. More than 4 million Americans – 1.25% of the population – must make ends meet with less than $3 a day, more than three times as many as 35 years ago. The data is not super…
Brother Wang, a global manhunt and the Chinese-Mexican drug nexus
Like so many great escapes, it involved a tunnel. One night in July, in the Mexico City neighbourhood where he was under house arrest, Zhi Dong Zhang snuck through a hole into the property nextdoor and escaped from under the noses of the soldiers guarding him. Zhang, an alleged drug trafficker, managed to get to Cuba and then reportedly all the way to Russia – only to be turned back. At the end of October, the Cuban government announced that it had arrested him. The same day he was flown…
Trump’s plan to impose semiconductor tariffs may be delayed, sources say
US officials are privately saying that they might not levy long-promised semiconductor tariffs soon, potentially delaying a centerpiece of Donald Trump’s economic agenda. Officials relayed these messages over the last several days to stakeholders in the government and private industry, according to two people with direct knowledge of the matter and a third person briefed on the conversations. A fourth person following the matter also said the administration was taking a more cautious approach to avoid provoking China. The discussions have not been previously reported. Trump aides are taking their…
The Guardian view on Germany under Merz: Europe’s powerhouse is still struggling | Editorial
Last March, following angst-ridden months as Europe came to terms with Donald Trump’s return to the White House, financial markets in Paris, Milan and Berlin were gripped by a surge of optimism. The cause was a historic deal brokered by Friedrich Merz, then Germany’s chancellor-elect, which loosened constitutional spending constraints in the EU’s powerhouse nation. Here at last, it was hoped, was the fiscal kickstart required to end a prolonged period of economic stagnation, and mitigate geopolitical headwinds blowing from the US and China. Six months into Mr Merz’s premiership,…
Inside Trump’s scramble to reduce US dependence on Chinese rare-earth metals
Scott Bessent, the US treasury secretary, returned from South Carolina last week brandishing a small piece of metal, proclaiming that it was the first rare-earth magnet made in the US in a quarter of a century. It was, he indicated to Fox Business, proof that the US is ending “China’s chokehold on our supply chain”. Thanks to the South Carolina company eVAC’s new rare-earth mineral processing center, Bessent added: “We’re finally becoming independent again.” Breaking China’s processing and manufacturing dominance in these materials, essential for some semiconductors, batteries and armaments,…
AI firm claims it stopped Chinese state-sponsored cyber-attack campaign
Anthropic says financial firms and government agencies were attacked ‘largely without human intervention’ A leading artificial intelligence company claims to have stopped a China-backed “cyber espionage” campaign that was able to infiltrate financial firms and government agencies with almost no human oversight. The US-based Anthropic said its coding tool, Claude Code, was “manipulated” by a Chinese state-sponsored group to attack 30 entities around the world in September, achieving a “handful of successful intrusions”. Continue reading… The Guardian
First Thing: Jeffrey Epstein advised Steve Bannon during 2018 pro-Trump media campaign
Text messages released by US House show convicted sex offender coaching Maga influencer on political messaging. Plus, readers’ favourite photo booth moments 100 years after its invention Good morning. The convicted sex offender Jeffrey Epstein apparently served as a behind-the-scenes adviser to the former Trump official and Maga influencer Steve Bannon during an August 2018 media campaign to defend Trump and his agenda, and to promote Bannon’s media ventures. What else has been released in the flood of recent Epstein emails? Among many, many other things, one email shows an…
Global markets fall after tech sell-off and fears over Chinese economy
Global markets have fallen after a tech sell-off that fuelled Wall Street’s worst day in a month and weak economic data in China showing an unprecedented slump in investment. Japan’s tech-heavy Nikkei fell 1.8% on Friday, South Korea’s Kospi plunged 2.6% and there was a 1.5% fall in Australia, after a torrid day on Wall Street as Nvidia and other tech companies tumbled over valuation concerns. Nvidia, the $4.5tn (£3.4tn) tech company, led a wider sector decline, falling 3.6% as investors reassessed the value of companies involved in the AI…