Chinese Vice-President Han Zheng called for practical cooperation and mutual respect with India as he met the Indian foreign minister in Beijing on Monday. Han said China and India should “steadily advance practical cooperation, respect each other’s concerns and promote the sustained, healthy and stable development of [bilateral] relations”, state news agency Xinhua reported. Jaishankar,…
A few days after Donald Trump signed the One Big Beautiful Bill that ended most subsidies for renewable energy, among many other things, the leading artificial intelligence (AI) company, Nvidia Corporation, became the first to pass $US4 trillion ($6.08 trillion) in value. And a few days after that, on Thursday, Bitcoin hit a new record…
Brazil spent months flying under the radar as Donald Trump upended global trade. Now that it’s in the spotlight, President Luiz Inacio Lula da Silva may stand to benefit from the attention. Hours after the US president threatened to hit Brazil with 50% tariffs, the leader known universally as Lula announced that, rather than rush…
A European business group in China has criticized Beijing’s retaliatory measures targeting medical device makers from the European Union, saying the move worsens ties between the two economic powers. “The European Chamber is deeply concerned by the announcement, as it marks a further escalation of EU-China trade tensions at a time when European businesses are…
New Delhi: Prime Minister Narendra Modi on Monday called on Brics countries to work together in order to secure critical mineral supply chains and ensure that no one nation is able to dominate and weaponize these resources. His call at the 17th Brics Summit in Rio de Janeiro comes amid a Chinese chokehold on global…
Shortly after President Trump threatened to impose an extra 10 per cent tariff on countries aligning themselves with the “anti-American policies” of the Brics, China on Monday said that the bloc is not seeking “confrontation” read more Shortly after President Donald Trump threatened to impose an extra 10 per cent tariff on countries aligning themselves…
China said on Monday that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking “confrontation” after US President Donald Trump vowed to impose an extra 10 percent tariff on countries aligning with the bloc. “Regarding the imposition of tariffs, China has repeatedly stated its position that trade and tariff wars have…
Major US trading partners scrambled over the weekend to finalize trade deals or lobby for extra time as President Donald Trump said he’s notifying about a dozen countries on Monday of the new tariff level on their shipments to the US. “I signed some letters and they’ll go out on Monday – probably 12,” Trump…
By Shane Croucher is a Breaking News Editor based in London, UK. He has previously overseen the My Turn, Fact Check and News teams, and was a Senior Reporter before that, mostly covering U.S. news and politics. Shane joined Newsweek in February 2018 from IBT UK where he held various editorial roles covering different beats,…
The 17th Brics summit has begun in Brazil’s Rio de Janeiro and leaders, including Prime Minister Modi and South Africa’s Cyril Ramaphosa are in attendance. However, for the first time since taking power in 2012, Chinese President Xi Jinping is skipping the meet. His absence has now given rise to rumours that a political transition…