AFP
20198 articles published since 08 Mar 2022
20198 articles published since 08 Mar 2022
The US government said Tuesday it was "disappointed" after nations negotiating a global treaty to curb plastic waste failed to reach a deal, blaming a "small group" of countries and producers for blocking progress. "A small group of countries and producers stood in the way of progress to protect their profits and perpetuate an inadequate status quo," it said.
China has fully lifted suspensions on Australian red meat, Canberra said Tuesday, dismantling one of the final barriers in a four-year trade war that hammered US$13 billion of exports. China lifted suspensions on eight Australian slaughterhouses in May this year but kept barriers in place for two facilities.
US President Joe Biden is in Angola on Tuesday for the first and only visit to sub-Saharan Africa of his presidency, which is focused on a major infrastructure project that is a counterpoint to China's investments.
US President-elect Donald Trump has threatened retaliation against governments that challenge the US dollar, vowing "100 percent tariffs" on countries that undercut the US currency. The system has evolved since that time and several countries have stopped indexing their currencies to the dollar, but without challenging its status as the global reserve currency.
A Vietnamese court upheld the death penalty Tuesday for a property tycoon in a multi-billion dollar fraud case -- but said her life could still be spared if she paid back three quarters of the assets she embezzled. The court said Tuesday that if she returns three quarters of the stolen assets, her sentence could be reduced to life imprisonment.
US President-elect Donald Trump on Monday said he would "block" a planned takeover of US Steel by Japanese company Nippon Steel, a deal worth $14.9 billion including debts. Days after the US election last month, Nippon Steel said it expected to close its takeover of the company before the end of the year, while US President Joe Biden was still in office.
Asian traders shifted tentatively Tuesday as they battled to track another record on Wall Street owing to fresh China-US worries, while the euro extended losses on concerns of political and economic upheaval in France.
Nepal's prime minister was in Beijing on Tuesday to meet Chinese leaders, seeking to expand infrastructure cooperation after breaking with the longstanding tradition of new leaders making their first official visit to neighbouring India. The leader of the Himalayan republic is scheduled to meet with Chinese President Xi Jinping and Premier Li Qiang during his visit, which will last until Thursday.
Surrounded by racks of colourful dresses and blazers in China's manufacturing hub of Guangzhou, plus-size clothing brand owner and influencer Amanda Yao is on a mission to promote body positivity.
AFP
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