President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary on November 22, putting him at the helm of a cabinet position, if confirmed, with vast influence over economic, regulatory and international affairs.
Wall Street had been closely watching who Trump would choose for the coveted role, especially given his plans to remake global trade through tariffs. A handful of finalists emerged in recent days, including former Federal Reserve governor Kevin Warsh and Apollo Global Management CEO Marc Rowan.
Bessent has advocated for tax reform and deregulation, particularly to spur more bank lending and energy production, as noted in a recent opinion piece he wrote for The Wall Street Journal.
Kim Jong Un has accused the U.S. of escalating tensions, warning of a heightened risk of nuclear war on the Korean Peninsula. He criticized past U.S. negotiations as hostile and suggested reopening talks if the U.S. changes its approach.
President Biden approved Ukraine’s use of U.S. missiles deep in Russia after North Korean troops entered the war and Trump’s election win raised fears of reduced U.S. support. The move aims to bolster Ukraine’s defense and counter Russian escalations in Kursk and beyond.
President Putin warned the Ukraine war is escalating into a global conflict, blaming the US and UK for supplying weapons to Ukraine. He threatened further retaliation and emphasized Russia's readiness to respond to Western provocations.
China is open to trade talks with the US, confident it can withstand potential tariffs. The government has introduced measures to support businesses, while the central bank aims to keep the yuan stable amid trade tensions.
Taiwan's President Lai Ching-te will visit Pacific allies Palau, the Marshall Islands, and Tuvalu at the end of the month. Details of any U.S. stopovers, typically included in such trips, remain unclear.
Hundreds of activists marched in Busan, South Korea, on Saturday, urging stronger global action against plastic waste ahead of next week’s U.N. talks on a legally binding plastic pollution treaty. Participants called for reduced production and showcased creative protests using discarded plastic.
Hungary and Poland warn of escalating risks in the Ukraine war as Russia lowers its nuclear threshold and launches missile strikes, signalling a critical phase in the conflict.
China’s 41st Antarctic expedition team has reached Qinling Station, the nation’s fifth research base, to restore power, build infrastructure, and study climate change impacts on the Antarctic ecosystem, marking a key milestone in the country’s polar exploration efforts.
In its flagship 2025 Global Outlook report, released at the WFP's Rome headquarters, the agency said that at least 343 million people across 74 countries are currently facing acute food insecurity, marking a 10% increase compared to last year.
Negotiations at COP29 in Baku face a critical impasse as sharp divisions over climate finance and fossil fuel commitments threaten progress.
"Come up with the video in its full form," demands the COP29 CEO, Elnur Soltanov, in an exclusive interview with AnewZ. The chief executive has broken his silence on the claims he was using his position to organise potential fossil fuel deals.
The United Nations COP29 climate change conference in Baku seeks $1 trillion annually to help vulnerable nations tackle climate change, as political tensions and Argentina’s withdrawal overshadow talks.
Hungary and Poland warn of escalating risks in the Ukraine war as Russia lowers its nuclear threshold and launches missile strikes, signalling a critical phase in the conflict.
China’s 41st Antarctic expedition team has reached Qinling Station, the nation’s fifth research base, to restore power, build infrastructure, and study climate change impacts on the Antarctic ecosystem, marking a key milestone in the country’s polar exploration efforts.
In its flagship 2025 Global Outlook report, released at the WFP's Rome headquarters, the agency said that at least 343 million people across 74 countries are currently facing acute food insecurity, marking a 10% increase compared to last year.
Hundreds of migrants, including families with young children, risked perilous conditions to climb atop a cargo train in Mexico’s Veracruz state, seeking a brief reprieve on their journey to the U.S. border amidst heightened fears of stricter immigration policies.
The U.S. and Fiji begin talks to strengthen military ties, with a new agreement and $4.9 million pledge for Fiji's defence.
Hundreds of activists marched in Busan, South Korea, on Saturday, urging stronger global action against plastic waste ahead of next week’s U.N. talks on a legally binding plastic pollution treaty. Participants called for reduced production and showcased creative protests using discarded plastic.
Hungary and Poland warn of escalating risks in the Ukraine war as Russia lowers its nuclear threshold and launches missile strikes, signalling a critical phase in the conflict.
China’s 41st Antarctic expedition team has reached Qinling Station, the nation’s fifth research base, to restore power, build infrastructure, and study climate change impacts on the Antarctic ecosystem, marking a key milestone in the country’s polar exploration efforts.
In its flagship 2025 Global Outlook report, released at the WFP's Rome headquarters, the agency said that at least 343 million people across 74 countries are currently facing acute food insecurity, marking a 10% increase compared to last year.
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