Author: Media Library

The US is shifting strategy to fund local African processing and mining infrastructure after recognising it cannot yet process the critical minerals it is racing to secure from the continent to counter China. Tom Haslett, managing director of policy for critical minerals at the US International Development Finance Corporation (DFC), said that unlike China, which had “significant industry backing for both processing and downstream manufacturing”, the US and Europe did not yet have that capacity. Speaking in Nairobi, he argued this deficit created “real opportunities for Africa” to develop local…

You can perhaps judge the rise and decline of a society by the quality of its public intellectuals. In the last century, the United States had some genuinely great thinkers such as Walter Lippmann and Hannah Arendt who addressed a literate public while producing enduring works that can still be read today with great benefit. Now you have people like Francis Fukuyama and Sam Harris who may be studied in the future more as a symptom of their society. A podcast between the two last month went viral because the…

US President Donald Trump filed an appeal on Friday after the latest legal setback to his signature tariff policy, piling on more chaos and global uncertainty and setting up a new tussle over billions of US dollars in refunds. The appeal follows a decision on Thursday by the US Court of International Trade that invalidated his use of a Section 122 trade provision that saw him slap 10 per cent import taxes on nearly every country on earth. In its ruling, the court found that he failed to meet the…

US President Donald Trump’s landmark visit to China comes as the Iran war disrupts global energy supplies, fuels economic uncertainty and adds fresh strain to Washington-Beijing ties. In the latest part of a series examining how rivalry, interdependence and geopolitical crises are reshaping the relationship between the two powers, we look at their make-or-break contest unfolding beneath the ocean surface. Last year’s military blockbuster Operation Hadal was China’s first high-budget film to centre on nuclear submarine warfare. While reviews were mixed, the production was a clear projection of Chinese naval…

The old order is dead. We just don’t know what will replace it. As Henry Kissinger reminded us in his 2014 book World Order, “no truly global order has ever existed”. After US President Donald Trump’s erratic actions, the gloves are off. American comedians and Iranian Lego cartoons tell us all we need to know about the demise of the old order. If the unipolar order is not viable, and America is abandoning the multilateral order and the rules of the game it created after World War II, what are…

US President Donald Trump announced on Friday that Russia and Ukraine had agreed to a three-day ceasefire and a prisoner exchange following US-mediated talks, saying negotiations to end the war were continuing and “we are getting closer and closer every day”. “I am pleased to announce that there will be a THREE DAY CEASEFIRE (May 9th, 10th, and 11th) in the War between Russia and Ukraine,” Trump posted on social media. “The Celebration in Russia is for Victory Day, but likewise in Ukraine, because they were also a big part…

US Trade Representative Jamieson Greer called for stability with Beijing days before US President Donald Trump’s closely watched trip to China, saying the US was not out to reshape the Chinese economy but to rebalance trade. The trade chief told Fox News on Friday that while the world’s two largest economies “always had a really robust trading relationship … it’s been wildly unbalanced with China exporting just vast amounts of goods to the United States and largely blocking a lot of US imports and goods”. “Our goal going forward is…

The talks, scheduled for May 14 and 15, will build on a previous round held on April 23 that Washington said was led personally by US President Donald Trump. In the statement, the US said Israeli and Lebanese delegations would engage in “detailed discussions” aimed at advancing “a comprehensive peace and security agreement” addressing the core concerns of both countries. Advertisement Washington framed the effort as a break from what it called the “failed approach of the past two decades”, accusing militant groups of exploiting instability in southern Lebanon to…

China’s international arbitration efforts have made significant progress, but more work is needed to attract foreign parties to arbitrate in China amid US-China rivalry, according to arbitrators and law scholars. China’s newly revised Arbitration Law took effect in March, marking the most significant overhaul of the country’s commercial dispute framework since 1994, in a move to promote cities such as Beijing, Shanghai and Shenzhen to develop into international arbitration centres, competing with current global leaders like London and Singapore. But a harder question for Beijing is not the amount of…