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Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad sayin...
A tense one-day summit in Beijing has exposed widening divisions between the European Union and China on trade, Russia and rare earth supplies.
European Commission President Ursula von der Leyen described relations with China as being at a “clear inflection point” following a shortened summit in Beijing on Thursday, where she and European Council President Antonio Costa met with President Xi Jinping and Premier Li Qiang.
The meeting, cut to a single day at China’s request, marked 50 years of EU-China ties but was overshadowed by disagreements on trade policy, geopolitical alignment, and supply chain disruptions.
Von der Leyen said the bloc had raised concerns over Chinese industrial overcapacity, limited market access, and export controls on rare earths, which had affected European automotive production in May. Xi, in turn, warned the EU to avoid “restrictive economic and trade tools” and maintained that China is not a source of Europe’s challenges.
Both sides agreed to deepen cooperation on climate change, issuing a joint statement pledging efforts on carbon markets, energy transition and green technology.
The EU also called on China to use its influence to encourage Russia to end its war in Ukraine, with von der Leyen stating the need for a ceasefire and genuine negotiations.
China’s exports of rare earth magnets to the EU surged 245% in June from May, reaching 1,364 tonnes, though still 35% lower than the same month last year. Von der Leyen said Brussels welcomed China's efforts to streamline export licences.
The EU’s trade deficit with China reached €305.8 billion (about $360 billion) in 2024, prompting investigations into subsidised imports, including electric vehicles.
Von der Leyen emphasised that any future deal with the U.S. would not affect the EU’s independent stance towards China.
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, explosions were heard across parts of southern Iran according to local media reports.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
A Russian strike on a gas station in Kyiv has killed two people, the city's Mayor Vitali Klitschko said in a statement on Telegram. In Russia, online marketplace Ozon has suspended operations in Saratov, southwestern Russia, following a drone strike on a warehouse in the region.
Twenty-five years after the September 11 attacks drew the U.S. into Afghanistan, the Taliban is seeking a new relationship with Washington built on diplomacy, investment and trade, despite deep divisions between the former enemies.
Russia's Defence Ministry said its forces struck two cargo vessels overnight in the Ukrainian Black Sea port of Chornomorsk, the Interfax news agency reported on Saturday.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad saying the strike originated from Iraq.
U.S. President Donald Trump arrived in Dublin on Saturday to meet Ireland’s leaders. He will also attend a golf tournament at one of his resorts, taking a brief detour from his focus on the Iran war and his party’s efforts to retain control of Congress in November’s midterm elections.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
Colombian President Abelardo De La Espriella has formally ended all government peace negotiations with illegal armed groups, marking a dramatic shift in the country's security strategy and delivering on a central pledge from his election campaign.
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