DAVOS, Switzerland — China ventured back on to the global stage Tuesday, sending a delegation to the World Economic Forum to assure foreign investors that after three years in which the pandemic cut off their country from the world, life was back to normal. But the Chinese faced a wary audience at the annual event, attesting to both the dramatically changed geopolitical landscape after Russia’s war on Ukraine, as well as two data points that highlighted a worrisome shift in China’s own fortunes. Hours before a senior Chinese official, Liu…
Tag: Russian Invasion of Ukraine (2022)
The War in Ukraine Upended Energy Markets. What Does That Mean for the Climate?
This article is part of our special report on the World Economic Forum’s annual meeting in Davos, Switzerland. As world leaders, chief executives and nonprofit leaders descend on Davos, Switzerland, for the annual meeting of the World Economic Forum next week, war will be raging about 1,000 miles away. Russia’s invasion of Ukraine almost one year ago has reordered the geopolitical landscape, sent ripples through the global economy and brought trench warfare back to Europe. Yet beyond the enormous human suffering and catastrophic damage inflicted on Ukraine, its people and…
Your Tuesday Briefing: A Major Ukrainian Strike
Ukraine kills dozens of Russians Ukraine launched a major attack against a building housing Russian soldiers in the Donetsk region on New Year’s Day. A full picture of the casualties is still emerging. Ukraine claimed that “about 400” had died, while Russia said yesterday that 63 service members had been killed. But even with the lower figure, the attack was one of the deadliest strikes against Russian forces in Ukraine since the war began. Mistakes by Russian forces may have contributed to the toll. One Russian military blogger said that…
Xi and Putin Meet Again, Two Strongmen in a Weak Moment
When China’s top leader, Xi Jinping, and President Vladimir V. Putin of Russia declared a “no limits” partnership 10 months ago, the pair projected an aura of strength in a direct challenge to the United States and the West. As the two leaders met again on Friday via video, they found themselves in positions of weakness, encumbered by geopolitical and economic threats to their informal authoritarian alliance. Both now have little room to maneuver, making the relationship all the more important, albeit also a lot more complicated. Since Russia’s invasion…
Putin Ally Meets With China’s Top Leader, Signaling Close Ties
A close ally of President Vladimir V. Putin of Russia met with China’s top leader, Xi Jinping, on Wednesday, a sign of the countries’ alignment amid Russia’s deepening international isolation. Dmitri A. Medvedev, the former Russian president and prime minister, held a previously unannounced meeting with Mr. Xi in Beijing as Chinese and Russian naval ships began weeklong joint exercises in the East China Sea. China has remained a significant, if largely silent, counterweight to the international censure of Mr. Putin. Russia has backed China’s claim over the island democracy…
An Alternate Reality: How Russia’s State TV Spins the Ukraine War
Collaboration between the Kremlin and state broadcasters dates back more than two decades, said Mr. Gatov, a former Russian journalist and an expert on state propaganda. Each day, the Kremlin provides a list of talking points for broadcasters. The closely guarded document, known as the “temnik,” is delivered to senior officials at V.G.T.R.K. and other organizations, outlining issues the Kremlin wants covered, positively or negatively, along with views to endorse and people to criticize, said Mr. Gatov, who has seen copies. The Kremlin’s tight control of the media has increased…
Chasing the U.S., China’s Leader Emerges From Diplomatic Isolation
He met with Saudi Arabia’s king and the leaders of Egypt, Tunisia, Kuwait and Sudan. He pledged to expand ports along the Red Sea, invest in petrochemicals and usher in a wave of Chinese tourism. After years of alienating other countries with his foreign ministry’s abrasive style of diplomacy and then retreating into semi-isolation for most of the pandemic, China’s leader, Xi Jinping, is returning to the global stage to repair China’s position and catch up to the United States, which Beijing sees as having emerged stronger from the Covid…
At the DealBook Summit, Untangling the Now — and the Future
This article is part of our special section on the DealBook Summit that included business and policy leaders from around the world. Last week at the DealBook Summit, I interviewed some of the world’s most influential leaders, among them Janet Yellen, the Treasury secretary of the United States; President Volodymyr Zelensky of Ukraine; Mark Zuckerberg, chief executive of Meta; and Andy Jassy, the chief executive of Amazon. One common theme came up in just about every conversation. It was that every decision — big and small — is ultimately a…
Oil Prices Slide as Investors Worry Energy Demand Is Slowing
HOUSTON — Saudi Arabia is slashing oil exports. U.S. crude oil in storage is dropping. Members of the European Union will soon sharply reduce how much fuel they buy from Russia. Those developments would normally send oil prices sharply higher. Yet oil prices have been sliding. The U.S. benchmark, West Texas Intermediate, fell to about $80 a barrel on Friday from more than $90 at the start of the month. The global supply of oil appears to be falling, but many oil traders think that demand is heading down even…
At G20 Summit, Xi and Biden Offer Rival Visions for Solving Global Issues
BALI, Indonesia — While President Biden and his Chinese counterpart, Xi Jinping, have eased tensions between their countries, they are vying for influence in Asia and beyond, offering competing stances on how to address poverty and the war in Ukraine. Mr. Xi has cast China as a steadfast partner to the region, rejecting what he described as the United States’ “Cold War mentality” of forming security alliances. At the Group of 20 summit on Tuesday, he spoke loftily about China’s “global initiatives” to fight poverty and strife, while remaining publicly…