US-China resolve rare earth mineral export dispute, progress in trade talks
The United States and China have resolved disputes over rare earth mineral and magnet shipments, overcoming a key hurdle that had delayed a trade agreement reached in May.
China's government on Wednesday accused Taiwan of "manipulating" potential Chinese involvement in the recent severing of an undersea communications cable before all the facts were known, as tensions continue to simmer in the Taiwan Strait.
According to Zhu Fenglian, spokesperson for China's Taiwan Affairs Office, the incident—which saw a cable supplying the Penghu Islands disconnected—was a “common maritime accident” that happens more than a hundred times a year worldwide. Zhu claimed that Taiwan's ruling Democratic Progressive Party (DPP) has deliberately exaggerated the situation to serve political ends, a move that, he asserted, would not win popular support.
The controversy erupted after Taiwan's coast guard detained a China-linked cargo ship on Tuesday near the affected cable. Taiwan has long decried what it calls "grey zone" Chinese activities, including balloon overflights and sand dredging, which it claims are designed to pressure the island without triggering full-scale conflict. The island also points to similar incidents—such as the damage to undersea cables in the Baltic Sea following Russia's invasion of Ukraine—as evidence of a deliberate pattern, often identifying Chinese ships flying flags of convenience as culprits.
Adding to the friction, Taiwan's coast guard has accused the Chinese coast guard of turning routine patrols near the Kinmen islands into “routine harassment.” These islands, controlled by Taiwan yet located just off the Chinese coast near Xiamen and Quanzhou, have seen repeated patrols that Taiwan argues undermine regional peace and stability.
While China’s government dismisses the cable incident as an isolated, minor accident, Taiwan views it as part of a broader pattern of coercive actions that threaten its critical communications infrastructure. The dispute highlights the deep-seated mistrust and strategic rivalry between the two sides, with implications that extend to regional stability and global maritime operations.
As both Beijing and Taipei double down on their respective narratives, analysts warn that such incidents could further inflame tensions in the already volatile Taiwan Strait, potentially affecting not only regional security but also the reliability of international communications networks.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
The U.S. Embassy in Qatar has advised American citizens to shelter in place amid rising tensions between Israel and Iran, as part of a broader global security alert issued by Washington.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
In a televised address on Saturday night, U.S. President Donald J. Trump announced that American forces, in coordination with Israel, had conducted precision strikes on Iran’s Fordow, Natanz, and Isfahan nuclear sites, aiming to dismantle Tehran’s enrichment capabilities.
The UK government has eased its travel advice for Israel as the final evacuation flight for British nationals prepares to depart Tel Aviv on Sunday.
President Donald Trump said Friday he believes any potential conflict with North Korea can be resolved, pointing to his strong relationship with leader Kim Jong Un.
The U.S. Senate on Friday rejected a Democratic-led effort to block President Donald Trump from launching further military action against Iran without congressional approval.
President Donald Trump said Friday he believes a ceasefire in the Gaza conflict between Israel and Hamas could be reached within a week, following fresh diplomatic efforts.
California Governor Gavin Newsom has filed a $787 million defamation lawsuit against Fox News, accusing the network of distorting facts about his phone call with President Donald Trump.
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