European Commission proposes carbon credits for 2040 climate target
The European Commission has put forward a proposal allowing carbon credits purchased from developing countries to be counted towards the EU’s 2040 c...
The U.S. military is reviewing options to ensure American access to the Panama Canal, two officials told Reuters on Thursday, as President Donald Trump continues to push for greater U.S. control over the strategic waterway.
Trump has repeatedly stated that the U.S. must "take back" the Panama Canal, citing concerns over China's influence. However, he has not detailed how he intends to do so or whether military action might be involved.
A senior U.S. official, speaking on the condition of anonymity, said an interim national security guidance document from the Trump administration instructs the military to explore ways to safeguard access to the canal. Another official suggested that the Pentagon is evaluating multiple options, including strengthening ties with Panama’s security forces.
The Pentagon did not immediately comment on the matter.
The Panama Canal, which connects the Atlantic and Pacific Oceans, is a critical global trade artery. Trump has argued that China exerts too much control over the canal and could use it to undermine U.S. interests. He has accused Panama of violating commitments made under the 1999 handover agreement, which saw the canal transferred from U.S. to Panamanian control.
Under the 1977 Panama Canal Treaty, the U.S. and Panama are obligated to defend the canal’s neutrality. The agreement allows Washington to take unilateral action if the canal’s security is threatened.
Any military intervention or direct U.S. control of the canal would likely face international legal challenges. While Trump has floated the idea of reclaiming authority over the canal, experts say such a move would violate international law and strain diplomatic relations with Panama and other nations.
CNN first reported that the White House had ordered the Pentagon to prepare options for securing canal access. NBC News also reported that discussions were ongoing about possible U.S. actions.
The U.S. originally built and operated the Panama Canal after acquiring the rights in the early 20th century. The canal’s control was transferred to Panama on December 31, 1999, under a treaty brokered by former President Jimmy Carter.
As the Trump administration considers its next steps, the global community will be watching closely for any potential shifts in U.S. policy toward the canal and its geopolitical significance.
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.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
At least seven people remain missing following a massive explosion at a fireworks warehouse in the town of Esparto, Northern California, according to a report by NBC News citing local officials.
A delegation from Azerbaijan, led by MP Qaya Məmmədov, took part in the annual session of the Organisation for Security and Cooperation in Europe Parliamentary Assembly (OSCE PA), held from 28 June to 3 July in Porto, Portugal.
Chinese scientists have unveiled PlantGPT, the first large language model-based artificial intelligence designed specifically for plant functional genomics.
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called for an immediate and lasting ceasefire. He emphasised that vital infrastructure is on the verge of collapse due to a severe fuel shortage.
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legislation has now been sent to President Donald Trump for his signature.
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