Biden blocks Nippon Steel's $14.9B U.S. Steel bid, sparking tensions during Blinken's Japan visit amid efforts to strengthen alliances against China.
U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel has cast a shadow over Secretary of State Antony Blinken's visit to Japan, raising concerns about U.S.-Japan ties.
Announced Friday, the decision comes as the U.S. seeks stronger alliances with Japan and South Korea to counter China's military expansion.
Japanese Prime Minister Shigeru Ishiba called the move "perplexing," and analysts warn it may deter foreign investment, though its impact on broader U.S.-Japan relations is expected to be limited due to shared security concerns. Nippon Steel and U.S. Steel have filed a lawsuit against Biden, claiming the merger was blocked under a "sham" national security review.
Blinken, joined by National Security Adviser Jake Sullivan, met Japanese Foreign Minister Takeshi Iwaya and emphasized the enduring strength of U.S.-Japan ties. The visit aims to build on trilateral cooperation with South Korea, despite political challenges in Seoul.
While Japan sees the merger's rejection as a setback, experts note Japan is unlikely to let it damage its strategic partnership with the U.S. However, business lobbies on both sides argue the decision could harm efforts to create secure supply chains, potentially benefiting China.
Russia's health watchdog said on Tuesday that no cases of plague had b...
An Azerbaijani citizen died and another is missing after a cargo ship was attacked by a drone in the Black Sea, near the coast of Romania on Monday...
Azerbaijan is seeking to attract more European visitors by improving air connectivity and raising its profile as an international tourism des...
Australian counterterrorism authorities are examining the links of the co-pilot accused of attacking the captain and attempting to take control of a flydubai flight bound for Israel. Authorities in New Zealand have also said they are investigating reports the suspect had spent time in that country.
Russia's health watchdog said on Tuesday that no cases of plague had been detected among anyone who had come into contact with a Siberian plague institute laboratory worker who died last week, and locals said their lives had barely been disrupted.
Right-wing Brazilian Senator Flavio Bolsonaro will face leftist President Luiz Inacio Lula da Silva in a runoff of the presidential election later this month, after he exceeded expectations in Sunday's first-round vote with a slight lead over the incumbent.
Candidates elected to Bosnia and Herzegovina's three-member presidency declared victory after preliminary unofficial results showed Denis Becirovic leading the Bosniak seat, Darijana Filipovic ahead in the Croat seat and Zeljka Cvijanovic likely retaining the Serb seat.
An Azerbaijani citizen died and another is missing after a cargo ship was attacked by a drone in the Black Sea, near the coast of Romania on Monday, 5 October, Baku's Foreign Ministry has said.
Russia's health watchdog said on Tuesday that no cases of plague had been detected among anyone who had come into contact with a Siberian plague institute laboratory worker who died last week, and locals said their lives had barely been disrupted.
Space-agency chiefs and industry leaders met to discuss lunar exploration, satellite networks and orbital security on Tuesday as a major global space congress entered its second day.
Police fired tear gas at protesters blockading French high schools on Tuesday as students, teachers and parents took to the streets on the biggest day of action in a wave of demonstrations against understaffed and dilapidated classrooms.
A large Ukrainian drone attack on Moscow and the surrounding region has killed two people, damaged homes and sparked a major fire at a key fuel facility, according to Russian officials and military bloggers.
Kenya has confirmed its first case of Ebola after a Kenyan citizen who had travelled from the Democratic Republic of Congo (DRC) died in Nairobi, prompting health authorities to launch an urgent contact-tracing operation.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment