Trump sends Saudi nuclear deal to Congress as Riyadh urged to recognise Israel
U.S. President Donald Trump has formally sent a landmark nuclear cooperation agreement with Saudi Arabia to Congress, opening a new phase in a deal...
Chinese Ambassador Xie Feng emphasized China’s economic resilience and called for collaboration between China and the U.S. to ensure mutual security and prosperity.
Chinese Ambassador to the United States, Xie Feng, recently stressed that underestimating China is unwise, dismissing pessimistic views about the nation’s future as baseless. At the U.S.-China Business Council’s 2024 Gala Dinner in Washington, D.C., Xie highlighted China’s economic resilience and its commitment to deepening reforms and expanding high-standard opening-up.
Xie noted that China’s economy is on a “generally steady, sound and upward trajectory,” expressing confidence in achieving this year’s growth targets. He mentioned plans for proactive and impactful macroeconomic policies to maintain stability and address potential risks in the coming year.
Addressing trade relations, Xie criticized protectionist measures, stating that attempts to weaponize tariffs or erect barriers would only isolate those who implement them. He warned that such actions could disrupt global industrial and supply chains, advocating instead for collaboration to ensure mutual security and prosperity.
The ambassador’s remarks come amid ongoing discussions about the future of China-U.S. economic and trade relations. Xie reiterated China’s openness to international businesses, including American firms, inviting them to participate in China’s development opportunities.
Xie emphasized that cooperation between China and the United States is essential for global safety and prosperity, suggesting that working together would benefit both nations and the world.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Pakistan is stepping up efforts to protect its trade and energy supplies as the Iran war disrupts shipping through the Persian Gulf, driving up freight costs and putting pressure on key export routes.
U.S. President Donald Trump has formally sent a landmark nuclear cooperation agreement with Saudi Arabia to Congress, opening a new phase in a deal that has already sparked debate over nuclear proliferation and Riyadh's ambitions.
Russia and Ukraine are preparing another major prisoner exchange, with officials from both sides working to finalise lists of people who could be released, Russia's state news agency TASS said Wednesday.
The Trump administration has temporarily suspended some visa appointment scheduling at U.S. embassies and consulates around the world as part of a new training initiative for consular staff, adding another layer to the administration's broader immigration policy overhaul.
The United States has launched what it describes as its most aggressive sanctions campaign yet against Iran, expanding secondary sanctions and targeting sectors ranging from shipping and aviation to technology and finance.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
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