World
AI Summary
- Japan's military tensions with China escalate as it deploys missiles near Taiwan, raising concerns about a potential confrontation.
- In the EU, a newly leaked counter proposal on Ukraine peace negotiations suggests there's significant disagreement with U.S. demands, potentially impacting NATO admission discussions.
- Amid ongoing economic challenges in the U.S., Treasury Secretary Scott Bessent predicts that Americans will see substantial tax refunds next year, alleviating recession fears.
- The Biden administration is considering allowing Nvidia to sell its advanced AI chips to China, reflecting a shift from previous restrictions and raising implications for the tech landscape.
- As international relations remain tense, Trump administration negotiations with Russia and Ukraine are ongoing, with potential implications for territorial agreements and military support in the conflict.
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ZeroHedge
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As Japan Deploys Missiles Near Taiwan, China Blasts 'Right Wing' Forces Taking Tokyo To 'Disaster'
an hour ago
by Tyler Durden
As Japan Deploys Missiles Near Taiwan, China Blasts 'Right Wing' Forces Taking Tokyo To 'Disaster' The ongoing China-Japan dispute and diplomatic flare-up has just gone from bad to worse, and has taken a turn toward potential military confrontation. Japan’s defense minister, Shinjiro Koizumi, visited a Japanese island which has a military outpost that lies close to Taiwan on Sunday. The optics were unmistakable, signaling Tokyo doesn't plan on backing down after two weeks of Beijing demanding a retraction. It all started when earlier this month Japanese Prime Minister Sanae Takaichi made comments in a parliamentary meeting which made clear Japan could possibly intervene
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EU And Whose Army?
2 hours ago
by Tyler Durden
EU And Whose Army? By Benjamin Picton, senior market strategist at Rabobank Bonds and equities rallied on Friday and Brent crude prices fell by more than 1% as markets digested the details of a 28-point peace plan drafted by US and Russian officials. The most contentious elements of the plan are the recognition of Crimea, Donetsk and Luhansk as being de facto Russian, the requirement for Ukraine to reduce its armed forces to 600,000 personnel (from approximately 800-850,000 currently), a commitment from both NATO and Ukraine that the latter will never be admitted as a NATO member, and the provision for Russia
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Trump Set To Propose Framework To Halt "Surprise" Obamacare Price Hikes
2 hours ago
by Tyler Durden
Trump Set To Propose Framework To Halt "Surprise" Obamacare Price Hikes President Trump is expected to announce a general framework to address health care costs, and wants Congress to send a bill to his desk that would halt Affordable Care Act premium spikes, according to MS Now, citing two White House officials familiar with the plans. US President Donald Trump arrives on the South Lawn of the White House on November 22, 2025.North America/Getty Images Trump's proposed framework - the "Healthcare Price Cuts Act," would seek to terminate what White House officials referred to as "surprise premium hikes" due to the ACA, and would eliminate
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Taiwan Center Stage In Trump-Xi Phone Call, As State Media Touts Island's 'Return To China'
2 hours ago
by Tyler Durden
Taiwan Center Stage In Trump-Xi Phone Call, As State Media Touts Island's 'Return To China' At a moment US-ally Japan is in a rare full-blown diplomatic and (increasingly) military showdown with China, the country's President Xi Jinping held a phone call with US President Donald Trump on Monday, both sides have confirmed. The last time the two leaders met and talked in detail, which was on the sidelines Asia-Pacific Economic Cooperation (APEC) summit in late October, they had declared a "tariff truce" in an effort to de-escalate trade tensions. But the Taiwan issue is once again taking center stage, at a moment Tokyo has
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Key Events This Holiday-Shortened Week: PPI, Retail Sales, Jobless Claims, And Ukraine Ultimatum
2 hours ago
by Tyler Durden
Key Events This Holiday-Shortened Week: PPI, Retail Sales, Jobless Claims, And Ukraine Ultimatum It should be another busy, holiday-shortened, week after a volatile one last week as markets whipsawed around big moves in Fed pricing and AI bubble risk fears. Before we get to Thanksgiving, DB's Jim Reid writes that in the US, delayed post-shutdown data will be compressed into the first three days because of the holiday. Tomorrow brings September’s retail sales and PPI, followed on Wednesday by jobless claims and durable goods orders. The claims data will be particularly important as they cover the November survey week, and the
The Guardian
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UK rejects Nigerian request to deport former politican jailed for organ trafficking
2 hours ago
by Matthew Weaver
UK news, Nigeria, Africa, World newsIke Ekweremadu serving prison sentence after being found guilty of conspiring to exploit a man for his kidney The UK government has rejected a request by Nigeria to deport a former senior Nigerian politician convicted of organ trafficking. Ike Ekweremadu, 63, a former deputy president of the Nigerian senate and ally of the former president Goodluck Jonathan, is serving a sentence of nine years and eight months after being found guilty in 2023 of conspiring to exploit a man for his kidney. Continue reading...
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Ethiopian volcano erupts for first time in 12,000 years
5 hours ago
by Guardian staff and agencies in Addis Ababa
Ethiopia, Volcanoes, Africa, World newsAsh clouds from Hayli Gubbi volcano sent drifting across the Red Sea toward Yemen and Oman A volcano in Ethiopia’s north-eastern region has erupted for the first time in nearly 12,000 years, sending thick plumes of smoke up to 9 miles (14km) into the sky, and across the Red Sea toward Yemen and Oman. The Hayli Gubbi volcano, located in Ethiopia’s Afar region about 500 miles north-east of Addis Ababa near the Eritrean border, erupted on Sunday for several hours. Continue reading...
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Cyril Ramaphosa closes G20 summit after US boycott and handover row
a day ago
by Rachel Savage in Johannesburg
G20, Cyril Ramaphosa, South Africa, US news, World news, AfricaSouth African president bangs gavel after rejecting plan from US, which hosts next meeting, for him to hand over to junior official South Africa’s president, Cyril Ramaphosa, closed the G20 summit in Johannesburg by banging a gavel, having rejected a US proposal for him to hand over to a relatively junior embassy official for the next summit in Florida in a year’s time. South Africa presented the two-day event as a triumph for multilateralism but it was marred by a boycott by the US, which has repeatedly accused South Africa of discriminating against white-minority Afrikaners, a claim that has been widely discredited. Continue
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Security fears rise in Nigeria after more than 300 schoolchildren kidnapped
2 days ago
by AFP
Nigeria, Africa, World newsChristian group revises up number of students and teachers missing after one of country’s largest mass abduction Gunmen have kidnapped more than 300 students and teachers in one of the largest mass kidnappings in Nigeria, a Christian group said on Saturday, as security fears mounted in Africa’s most populous nation. The early Friday raid on St Mary’s co-educational school in Niger state in western Nigeria came after gunmen on Monday stormed a secondary school in neighbouring Kebbi state, abducting 25 girls. Continue reading...
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South Africa declares gender-based violence a national disaster amid G20 protests
2 days ago
by Jessie Williams
Violence against women and girls, Women, G20, South Africa, Africa, Women's rights and gender equalityWomen’s groups welcomed the announcement on the eve of the international leaders’ summit in Johannesburg Hundreds of women gathered in cities across South Africa on Friday to protest against gender-based violence in the country before the G20 summit in Johannesburg this weekend. Demonstrators turned out in 15 locations – including Johannesburg, Pretoria, Cape Town and Durban – wearing black as a sign of “mourning and resistance”. Continue reading...
South China Morning Post
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Jimmy Cliff, reggae icon and ‘cultural giant’, dies at 81
an hour ago
by Reuters
Jimmy Cliff, the legendary Jamaican singer who along with Bob Marley popularised reggae, ska and rocksteady music over a six-decade career, has died, his wife Latifa Chambers announced on Facebook on Monday. The cause was a seizure followed by pneumonia, she said. Born James Chambers on July 30, 1944, during a hurricane in St James Parish, northwestern Jamaica, he moved in the 1950s from the family farm to the country’s capital, Kingston, with his father, determined to succeed in the music...
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‘Issues remain’: US-Ukraine talks advance, but Europe cautious on Russia deal
2 hours ago
by Associated Press
European officials said on Monday they were comforted by the outcome of discussions on US peace proposals for Ukraine that they had viewed as tilted in Russia’s favour, but they didn’t disclose details of the weekend talks and warned of a long road to peace. “The negotiations were a step forward, but there are still major issues which remain to be resolved,” Finnish President Alexander Stubb wrote on social media about Sunday’s meeting in Switzerland between US and Ukrainian officials. US...
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Amazon faces Italian probe over alleged smuggling of Chinese goods
3 hours ago
by Reuters
Italian police carried out searches and seizures at two Amazon sites in Italy on Monday as part of an investigation into the alleged smuggling of Chinese goods, three people with direct knowledge of the matter said. Dozens of officers from the Guardia di Finanza tax police and the customs agency seized around 5,000 products at a logistics hub operated by the e-commerce giant in Cividate al Piano, in the northern province of Bergamo, the sources said. At Amazon’s Italian headquarters in central...
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Venezuela rejects US ‘terrorist’ label for ‘nonexistent’ Cartel de los Soles
5 hours ago
by Reuters
The United States on Monday formally designated Cartel de los Soles a foreign terrorist organisation, layering additional terrorism-related sanctions on the group it has said includes Venezuelan President Nicolas Maduro and other high-ranking officials. Venezuela’s government rejected what it called a “ridiculous” US plan to designate the “non-existent” group. Secretary of State Marco Rubio said earlier this month his country would announce the designation as a foreign terrorist organisation for...
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US senator demands answers to Trump’s TikTok divestiture plan
5 hours ago
by Reuters
A Democratic senator on Monday asked US President Donald Trump to answer key details about a plan by TikTok’s Chinese owners to sell a majority stake in the short video app’s US assets. Trump signed an executive order on September 25 declaring that a plan to sell TikTok’s US operations to a consortium of US and global investors meets the national security requirements set out in a 2024 law and gave them 120 days to complete the transaction. In doing so, he delayed enforcement of the law banning...
New York Times
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Putin’s Win-Win: Take a Russia-Friendly Peace Deal, or Fight On
an hour ago
by Paul Sonne
Russian Invasion of Ukraine (2022), United States International Relations, Peace Process, International Relations, Putin, Vladimir V, Trump, Donald J, Zelensky, Volodymyr, Russia, Ukraine, United StatesThe Kremlin’s leader is standing back as Ukraine and Europe scramble to negotiate changes to a U.S. proposal to end the war.
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Russia’s Invasion of Ukraine Prompts Debate Over Europe’s Military
an hour ago
by Patricia Cohen
Russian Invasion of Ukraine (2022), Europe, Defense and Military Forces, Draft and Recruitment (Military), European Parliament, European Union, Reserves (Military)With Russia looming, governments race to rebuild armed forces that shrank after the Cold War, grappling with hard issues of economics, politics and military strategy.
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Why a Man With U.S. Ties Fought for Russia in Ukraine
8 hours ago
by Greg Jaffe and Paul Sonne
Russian Invasion of Ukraine (2022), United States Defense and Military Forces, United States International Relations, Defense Department, Putin, Vladimir V, Ukraine, RussiaCol. Andrei Demurenko’s war story began at Fort Leavenworth, Kan., at a moment of hope and peace. It ended with a mortar blast in Ukraine.
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Trump’s Deadline for Ukraine, and Marjorie Taylor Greene’s Abrupt Resignation
7 hours ago
by Tracy Mumford, Will Jarvis, Ian Stewart, Kate LoPresti, Cassandra Vinograd and Jeanna Smialek
United States Politics and Government, Federal Actions in US Cities, United States Defense and Military Forces, Denmark, New York City, Russia, Ukraine, Houston, WhitneyPlus, a new crash-test dummy.
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Billionaires Have a Bigger Role in Higher Education Under President Trump
8 hours ago
by Alan Blinder and Stephanie Saul
Colleges and Universities, Academic Freedom, Private Equity, Apollo Global Management, Blackstone Group, The, Harvard University, Ackman, William A, Rowan, Marc J, Schwarzman, Stephen AA new set of billionaires with an interest in higher education has helped oust college presidents and even assisted the Trump administration in its effort to overhaul the industry.