live Israel continues strikes in Lebanon despite U.S.-Iran deal
A U.S.-Iran memorandum of understanding aimed at ending war between the two countries has been signed electronically by President Donald Trump and Ira...
South Africa and the European Union vowed to defend multilateralism on Thursday (20 November), ahead of the G20 summit, as they signed a partnership on critical minerals.
South Africa is hosting this year's G20 gathering amid a boycott by its most powerful member, although President Cyril Ramaphosa said the United States was now considering attending in some capacity.
Analysts see a U.S. absence or any obstructive move as an opportunity for South Africa to build closer ties to the European Union and China, its two largest trading partners.
While it seems increasingly unlikely that the meeting will culminate in a substantive declaration, the first G20 in Africa is a showcase for a continent that has fast-growing economies and vast mineral wealth.
"We are signing an unprecedented agreement," Ramaphosa said at a news conference with European Commission President Ursula von der Leyen and European Council President António Costa, after Ramaphosa's mines minister Gwede Mantashe signed the memorandum of understanding.
"We are no longer going to rely on extracting minerals only. We will want to extract those minerals, have them processed at the point of extraction ... so that South Africa begins to move up the value chain," Ramaphosa said.
EU leaders are scrambling to secure dozens of metals that are vital to the world's transition away from fossil fuels to renewable energy, for the revolution in computing and for defence, as it faces potentially damaging restrictions on supply from China, the world's main supplier of rare earths.
The EU's plans include stockpiling rare earths before rivals, including the United States, and developing a 9-million-euro joint purchasing mechanism.
"We need these inputs to power the clean-energy transition both here and in Europe. So the future of our economy depends on fair and reliable supply chains," von der Leyen said.
South African officials are hoping the summit can keep multilateralism alive in international affairs, even as U.S. President Donald Trump's administration rejects this form of diplomacy.
"We agreed to stand together in defence of democracy, in defence of multilateralism, human rights and the rule of law," Ramaphosa said, in sentiments echoed by his counterparts.
Donald Trump has said the U.S. will resume bombing Iran if Tehran doesn't "behave," at the sidelines of the G7 summit in France. Earlier, the U.S. President criticised Israel for its tactics against Hezbollah, saying it was unnecessary to bomb entire apartment buildings to tackle militants.
A U.S.-Iran memorandum of understanding aimed at ending war between the two countries has been signed electronically by President Donald Trump and Iranian President Masoud Pezeshkian. Meanwhile, Israel has continued to carry out lethal strikes on southern Lebanon.
U.S. President Donald Trump said a preliminary agreement to end the war in the Gulf has been signed by the U.S. and Iran, though details have yet to be made public and both countries said a permanent truce is yet to be negotiated.
A cyber extortion group has claimed it stole more than a terabyte of data from Danish pharmaceutical giant Novo Nordisk after the company allegedly refused to pay a $25 million ransom.
American technology company Snap has launched its first augmented-reality (AR) glasses for consumers, marking a major push into wearable computing as tech firms race to redefine personal devices in the AI era.
The U.S. has announced new visa restrictions targeting individuals it says are undermining peace efforts in Ethiopia, focusing on hardline members of the Tigray People's Liberation Front (TPLF) and their immediate family members amid rising tensions in the country's north.
A Ukrainian drone strike has hit an oil refinery in south-east Moscow for the second time in three days, triggering a major fire, disrupting flights across the Russian capital and highlighting growing vulnerabilities in the country's energy infrastructure.
The United Arab Emirates has introduced a minimum age of 15 for social media use, becoming the first country in the Arab world to impose such a restriction amid growing global concerns about the impact of digital platforms on children.
Russian President Vladimir Putin has welcomed the recent agreement between the U.S. and Iran, saying it could help stabilise the Middle East and ease pressure on global energy and food markets.
More than 100 Chinese companies approved for inclusion on the United States' most powerful trade restriction list have not yet been formally added, as Washington has decided, for now, not to proceed, according to a report by Reuters.
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