Day: April 28, 2026

Chinese scientists are moving technology that converts greenhouse gases into aviation fuel out of the laboratory and towards large-scale production. Global jet fuel prices surged to US$175 a barrel in March – a year-on-year leap of 94.4 per cent – and broke through the US$200 mark in April, more than doubling the cost from a year earlier. Fuel costs have forced airlines to cancel flights. As energy prices spiked amid the war on Iran, a team from the Shanghai Advanced Research Institute of the Chinese Academy of Sciences (CAS) unveiled…

The economic divide between the United States and China is projected to widen to US$11 trillion by the end of the decade, yet escalating geopolitics – specifically the war in Iran and the ongoing Strait of Hormuz crisis – could inadvertently act as a stabilising force for bilateral ties, according to a prominent global strategist. Kishore Mahbubani, former president of the UN Security Council and once a top diplomat from Singapore, has forecast that the gross-domestic-product disparity between the world’s two largest economies may become more pronounced, and that anyone…

As the US-Israeli war on Iran enters a third month, there is no sign of a break in the deadlock between Washington and Tehran. These are the main takeaways from what happened overnight. What did Trump say? US President Donald Trump told his aides to prepare for an extended blockade of Iran, The Wall Street Journal reported in Asian early trading hours on Wednesday, citing US officials. Advertisement “I am doing something with Iran, right now, that other Nations, or Presidents, should have done long ago,” Trump wrote in a…

Over 70 Democrats on Tuesday urged US President Donald Trump to keep Chinese carmakers out of America, warning of “irreversible” consequences, just weeks ahead of his high-stakes trip to Beijing to meet with China’s President Xi Jinping. “We must not cede the American auto industry to a strategic competitor intent on global dominance,” a letter, signed by 73 House Democrats led by US Representative Debbie Dingell, said. “The consequences for American workers, our supply chains, our national security, and our communities would be profound and irreversible.” Advertisement Ahead of the…

As the US-Israel war in Iran drags into its third month, sulphuric acid – a chemical ingredient critical for fertiliser production and metal processing that has seldom grabbed global headlines – has become a keenly watched commodity. The military conflict in the Gulf and the effective blockage of the Strait of Hormuz initially triggered a squeeze on sulphuric acid, with prices on the rise after shipments in the region – which accounts for a quarter of global production – were largely stalled since military strikes began on February 28. But…

As the race with China over artificial intelligence intensifies, US lawmakers on Tuesday unveiled a draft bill that would, for the first time, require the State Department to deliver a detailed assessment of Beijing’s artificial intelligence ambitions, including identifying “specific AI leaders”. The State Department should provide Congress with a comprehensive report on China’s AI development, including its “progress using independent, publicly available benchmarks to achieve autonomous research capability and to self-improve performance without human intervention”, along with a comparison to US AI systems during the same period, the House…

Belgian Defence Minister Theo Francken said the US and Nato were faced with a “marriage crisis” as frustrations mount on both sides of the Atlantic, urging Washington to stand with its allies or risk America’s fall. Francken, speaking at a think tank event in Washington on Tuesday, likened the strained transatlantic relationship, which has held for close to 80 years, to a “crisis”, saying “it’s very difficult”. “I’m convinced that we’re having a marriage crisis … There’s a lot of frustration on both sides of the Atlantic. A lot of…