The Group of Seven richest democracies sought on Saturday to counter China's growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.
G7 leaders wrapped up the second day of their summit on Saturday with an extended family photo that included the leaders of South Africa, South Korea and Australia.
Saturday’s working session focused on efforts to counter China's growing influence, with G7 leaders offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.
The White House said U.S. President Joe Biden and other G7 leaders hope their global infrastructure plan, known as the Build Back Better World initiative, will help close a $40 trillion infrastructure gap in needy countries.
China's Belt and Road Initiative involves development and investment initiatives that would stretch from Asia to Europe and beyond.
More than 100 countries have already signed on to cooperate with China in projects like railways and other infrastructure.
Meanwhile - on the subject of human rights abuses, Biden made "forceful comments" to G7 leaders about the need to make a strong statement" on what Washington and rights group say is the use of forced labor in China.
According to a U.S. official - there was a quote "spectrum of how far different countries are willing to go" in their criticism in a final communique from the three-day summit.
Though the official later said that the G7 leaders have reached consensus on the need for a shared approach to China selling exports at unfairly low prices and to human rights abuses.
U.N.
Experts and rights groups estimate over a million people, mainly Uyghurs and other Muslim minorities, have been detained in China in recent years.
China denies all accusations of forced labor or abuse.
Senior U.S. officials unveil China's significant backing of Russia's war effort in Ukraine, with reports detailing crucial military support. Despite denials from the Chinese Embassy, concerns rise over China's role. Join us as we delve into the geopolitical implications of this revelation.
#USNews #USChina #USChinaTensions #RussiaUkraineWar #RussiaUkraineConflict #JoeBiden #VladimirPutin #VolodymyrZelenskyy #Oneindia
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US Airlines , Accuse China of , 'Harmful Anti-Competitive Policies'.
CNN reports that the United States aviation industry
has urged the Biden administration to pause the
approval of more flights to and from China.
CNN reports that the United States aviation industry
has urged the Biden administration to pause the
approval of more flights to and from China.
According to an open letter, China's
“existing harmful anti-competitive policies”
are affecting U.S. airlines and workers.
The competitive disadvantage
is harmful to the approximately
315,000 workers employed
by U.S. passenger airlines
that serve China, Airlines for America open letter, via CNN.
The letter, addressing Secretary of State Antony Blinken
and Transportation Secretary Pete Buttigieg, was
signed by Airlines for America, an industry lobby group.
The letter, addressing Secretary of State Antony Blinken
and Transportation Secretary Pete Buttigieg, was
signed by Airlines for America, an industry lobby group.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
If the growth of the Chinese aviation
market is allowed to continue unchecked
and without concern for equality of access
in the market, flights will continue to be
relinquished to Chinese carriers at the
expense of U.S. workers and businesses, Airlines for America open letter, via CNN.
CNN reports that the Biden administration said in February
that it would allow Chinese airlines to increase the
number of direct passenger flights to the United States.
At the time, U.S. officials granted Chinese carriers
approval to make 50 weekly round-trip flights,
increased from 35 amid the COVID-19 pandemic.
Prior to the pandemic,
over 150 weekly
flights were allowed. .
China's Foreign Ministry defended the increased number
of flights, citing a "consensus reached" in November between
Chinese leader Xi Jinping and U.S. President Joe Biden.
China's Foreign Ministry defended the increased number
of flights, citing a "consensus reached" in November between
Chinese leader Xi Jinping and U.S. President Joe Biden
Credit: Wibbitz Top Stories Duration: 01:31Published
Chinese President Xi Jinping conveyed to former Taiwan President Ma Ying-jeou on Wednesday that external interference would not impede the "family reunion" between the two sides of the Taiwan Strait. He emphasised that all issues are open for discussion. Since the Republic of China government retreated to Taiwan in 1949 following a civil war loss to Mao Zedong's communists, no sitting Taiwanese leader has visited China. However, Ma, who served as president from 2008 to 2016, broke this pattern last year, marking the first visit by a former Taiwanese leader to China. This visit, Ma's second, occurs amid heightened military tensions in the region.
#China #Taiwan #XiJinping #MaYingjeou #Tensions #FamilyReunion #CrossStraitRelations #Diplomacy #Geopolitics #EastAsia
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Watch as Chinese President Xi Jinping and Russian Foreign Minister Sergei Lavrov meet in Beijing, demonstrating solidarity amid geopolitical tensions. Lavrov's visit follows Putin's consideration of China for his first foreign visit after his recent election victory. Explore how China and Russia are bolstering economic ties amidst Western sanctions imposed on Moscow for its actions in Ukraine. Stay informed on the latest developments shaping global politics.
#China #ChinaRussia #ChinaRussiaRelations #ChinaRussiaTies #Russia #RussiaUkraineWar #XiJinping #SergeiLavrov #VladimirPutin #Oneindia
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Indian PM Narendra Modi recently had a phone call with Italian PM Giorgia Meloni to mark Italy's 79th Liberation Day. Modi expressed gratitude for the G7 Summit.. IndiaTimes
Lord Cameron has described the situation in the Middle East as 'very concerning' but says he hopes Israel will act in a way that does not heighten tensions.
Speaking in Jerusalem ahead of talks with prime minister Benjamine Netanyahu, the British foreign secretary also said he hopes to see co-ordinated sanctions against Iran from G7 countries, because it is responsible for 'so much of the malign activity' in the region. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Iran's President Raisi warns Israel and its allies of a stronger response after Tehran's retaliatory strike. European nations condemned Iran's attack, prompting Iran to question their stance. Iran defends its military action as legitimate defense. The G7 plans to discuss the situation, reflecting escalating tensions in the region.
#iranisrael #iranisraellivestream #iranisraelwarnewstodaylive #iranisraelwaraljazeera #iranisraelwarfootage #israeliranyudh #iranisraelconflict #Oneindia #Oneindianews
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In this episode of the Road to Green, Euronews reporter Cyril Fourneris travels to Catalonia, Spain, to meet the civilians doing their part for the environment and encouraging others to do the same.
Credit: euronews (in English) Duration: 08:00Published
Kim Kardashian went back to the White House to advocate for criminal justice reform -- only here, it was with Biden's camp ... proving she's loyal to the cause,.. TMZ.com
Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production.
On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. .
Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. .
This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement.
Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse.
Schumer referred to the plan as "quite a
great return" on the government's investment.
A factory will also be built in
Boise, Idaho, NPR reports. .
That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029.
The White House estimates that
the projects could create 20,000 jobs
in construction and manufacturing.
in addition to "tens of thousands of
indirect jobs in the regions," NPR reports. .
The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung
Credit: Wibbitz Top Stories Duration: 01:30Published
President Biden signs historic legislation securing billions in US aid for Ukraine and Israel, reaffirming America's commitment to global security. Despite criticisms over human rights abuses in Gaza, Biden emphasizes the 'ironclad' nature of US support for Israel's defense. Stay informed with the latest developments on international affairs.
#JoeBiden #Israel #Gaza #IsraelHamasWar #IsraelPalestine #IsraelPalestineWar #USPresident #USNews #USAidBill #RussiaUkraineWar #Oneindia
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President Biden had yet another teleprompter gaffe while speaking at a conference Wednesday ... and it's not the first time the prez fumbled a speech, far from.. TMZ.com
A South Korean research team has developed a new hybrid food, an affordable and eco-friendly source of protein, in a bid to develop a sustainable future option.
Credit: euronews (in English) Duration: 04:09Published
North Korea has fired an unidentified ballistic missile into the sea off South Korea's east coast, Seoul's military said on Monday, the latest in an apparent volley of tests by Pyongyang this year. "North Korea has fired an unidentified missile into the East Sea," South Korea's Joint Chiefs of Staff said, referring to the body of water also known as the Sea of Japan.
#NorthKorea #BallisticMissile #EastCoast #JapanAlert #SecurityConcern #MilitaryTension #GlobalSecurity #RegionalStability #MissileThreat #InternationalRelations
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South Korea’s Opposition , Dominates Parliamentary Elections.
South Korea's Democratic Party won
"175 seats in the 300-member single-chamber parliament" on April 10, NPR reports.
The ruling right-wing People Power Party became a smaller minority with only 108 seats. .
The outcome is considered to be a blow to conservative President Yoon Suk Yeol.
The country's prime minister and
other presidential officials offered
to resign after the crushing defeat. .
The country's prime minister and
other presidential officials offered
to resign after the crushing defeat. .
I apologize to the people on behalf
of our party, which wasn’t good
enough to win the people’s choices, Han Dong-hoon, People Power Party leader, via statement.
While Yoon said that he intends to
"humbly uphold" the will of the people
as indicated by the election results, .
it is not known if he will accept his
staff's offers to resign. .
Lee Jae-myung, the Democratic Party leader who
is considering running for president again, .
said there is a need for both parties to
"pull together" to "resolve economic
and public livelihood problems.".
The results of the parliamentary
elections are not the victory by
the Democratic Party, but the
great victory by our people, Lee Jae-myung, the Democratic Party leader.
Now, the elections are over. Both
the ruling and opposition political
parties must pull together all their
strength to resolve economic and
public livelihood problems, Lee Jae-myung, the Democratic Party leader.
According to the National Election Commission, voter turnout reached its
highest level in over three decades for
a parliamentary election, NPR reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
The outcome of Wednesday's elections in South Korea dealt President Yoon Suk Yeol a severe political blow, probably delaying his domestic program and putting him in the path of an increasingly aggressive political campaign from his liberal opponents for the remainder of his three-year term in office.
#SouthKorea #SouthKoreaElections #YoonSukYeol #HanDongHoon #HanDuckSoo #SouthKoreanews #Philippines #Worldnews #Oneindia #Oneindianews
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A team from South Africa recently visited the Gandhisagar Wildlife Sanctuary in Madhya Pradesh to assess the readiness for the release of five to eight cheetahs.. IndiaTimes
Boeing's string of bad luck seems never-ending ... the aircraft company recently had another mishap as one of its jets had to make an emergency landing in South.. TMZ.com
South Africa double World Cup winning prop Steven Kitshoff has played his last game for Ulster while centre James Hume has suffered a serious knee injury. BBC Sport
Viacom18's Uday Shankar leads effort to merge with Disney India, targeting 600 million viewers. The company aims to dominate the Indian media industry with a.. IndiaTimes
Bengaluru is now home to a state-of-the-art command and control centre dedicated to monitoring and managing space traffic. The facility, located at the global.. IndiaTimes
Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List.
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
According to the Hurun Research Institute's
global rich list, India's financial capital
registered 92 billionaires in 2024. .
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
According to the report, there are a total
of 3,279 billionaires globally in 2024,
an increase of 5% compared to 2023. .
NBC reports that China as a whole still has the
most billionaires overall with 814 in 2024, but
the country lost 155 billionaires compared to 2023. .
China had a bad year.
Wealth creation in China has gone
through deep changes these last few
years, with the wealth of billionaires
from real estate and renewables down, Hurun Research Institute's global rich list report, via NBC.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
According to the report, artificial intelligence
played a significant role in increasing the
number of ultra wealthy people in the U.S. .
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
... the billionaires behind Microsoft,
Google, Amazon, Oracle and Meta
have seen significant surges in
their wealth as investors bet
on the value generated by AI, Hurun Research Institute's global rich list report, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
As global sustainability efforts surge, solar energy emerges as a leading renewable option. Revered since ancient times, the sun now powers modern civilization. India, a solar powerhouse, generates 5,000 trillion kWh annually, ranking third in Asia. Solar parks like Bhadla, Pavagada, Kurnool, NP Kunta, and Rewa drive India's renewable energy transition.
#India #GlobalEconomy #Bhadla #Pavagada #Kurnool #NPKunta #Rewa #SolarEnergy #SolarEnergy #SolarPandels #Indianews #Oneindia #Oneindianews
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World leaders attending the G7 summit issued a final communique that confronted China on just about every sore spot, from human rights abuses to a push for a renewed independent investigation into the..