China’s rare-earth export curbs strain magnet makers despite geopolitical leverage
China’s export restrictions on rare earths have bolstered its geopolitical hand but triggered steep losses and production cuts for its magnet manufa...
The U.S. embassy in Kyiv has closed due to a potential air attack, with staff sheltering in place. The closure follows Ukraine’s use of U.S. ATACMS missiles in Russian territory, amid rising tensions and increasing nuclear risks.
The US embassy in Kyiv has announced its closure on Wednesday due to intelligence suggesting a potential large-scale air attack. In a statement, the US Department of State Consular Affairs said embassy staff have been instructed to shelter in place, and US citizens in Ukraine should be prepared to do the same if air alerts are issued.
This warning follows Ukraine’s recent use of US-supplied ATACMS missiles to target Russian territory, marking the war’s 1,000th day. The strikes came after the Biden administration granted permission for Ukraine to deploy the long-range missiles.
Russia has repeatedly cautioned that allowing Ukraine to use US, British, or French weapons for strikes deep within its territory could lead Moscow to view those NATO nations as direct participants in the conflict. In October, Russian President Vladimir Putin warned of consequences for such attacks and has since lowered the threshold for a nuclear strike in response to conventional threats.
The escalating tensions reflect the highest nuclear risks in over 50 years, with relations between Russia and the West reaching a critical point.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
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The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade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.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
China has warned Myanmar's Kachin rebels it will block rare-earth imports from their territory unless they halt an offensive on a key junta stronghold, raising fears over the global supply of critical minerals.
China has consolidated its rare-earth sector into two state-owned giants, tightened export quotas, and introduced new supply-chain tracking systems as part of a sweeping push to reinforce its global dominance in critical mineral processing.
Beijing has warned the Trump administration against restoring steep U.S. tariffs next month and signalled it will retaliate against countries that cut China out of supply chains through bilateral deals with Washington.
China’s export restrictions on rare earths have bolstered its geopolitical hand but triggered steep losses and production cuts for its magnet manufacturers, already hit by weak domestic demand and shrinking overseas sales.
A planned 10% U.S. tariff targeting BRICS nations will be triggered only if they adopt policies deemed "anti-American", a source close to the Trump administration said, amid trade talks and denials from bloc members.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment