Employees on the assembly line produce cars in Mazda’s “Family” line of vehicles at China First Automobile Works (FAW) Group Haima Automobile Co., Ltd. April 6, 2005 in Haikou, Hainan Province, China. China Photos | Getty Images DETROIT – The traditional Detroit automakers – General Motors, Ford Motor and Stellantis – should exit the Chinese … Read more
U.S. crude oil held above $80 per barrel on Tuesday, after starting the week with strong gains. West Texas Intermediate futures gained more than 2% on Monday, continuing a recent advance despite mixed economic data out of China, the world’s largest importer of crude oil. Here are today’s energy prices: West Texas Intermediate July contract: $80.29 … Read more
The area has seen a number of confrontations between Chinese and Philippine ships (File). Beijing: A Philippine ship and a Chinese vessel collided near the Second Thomas Shoal in the disputed South China Sea on Monday, the Chinese Coast Guard said. Known in Chinese as the Ren’ai Reef, the Second Thomas Shoal hosts a garrison of Philippine troops on a grounded navy vessel, the Sierra Madre, to assert Manila’s claims to the waters. … Read more
Canada will continue to have “tough conversations” and pursue diplomacy with foreign states accused of interfering in democratic institutions, including China and India, Foreign Affairs Minister Melanie Joly says. Both of those countries have been at the centre of allegations being heard at the public inquiry on foreign interference, which is probing attempts to meddle … Read more
The Chinese auto sector is increasingly making global automakers and politicians hot under the collar. In the early 1980s, the Chinese auto industry barely existed. Today the country has the capacity to make about 40 million vehicles annually — enough to supply half the world. Only about 25 million cars sold in the country in … Read more
This story originally appeared in Hakai Magazine and is part of the Climate Desk collaboration. A new video appears on the social media network Telegram: footage of the smoking area aboard a large vessel. The curtains are ripped, the lights are broken, and ash and glass litter the floor. “This is how they drink on … Read more
BARI, Italy – Prime Minister Justin Trudeau would not say if current members of the Liberal caucus are named in a classified version of a stunning national security report that alleges some Parliamentarians are either “semi-witting or witting” participants in foreign interference efforts. When asked twice Saturday by Global News if any of his current … Read more
(NewsNation) — After China landed a probe on the far side of the moon, NASA warned there is a new space race between America and China. One question is the use of the moon as various countries seek to find resources upon it. Dr. Neil deGrasse Tyson with the Hayden Planetarium in New York said … Read more
Ukraine’s President Volodymyr Zelenskyy attends a military honour ceremony on June 7, 2024 in Paris, France. Marc Piasecki | Getty Images News | Getty Images Ukraine’s leadership has been talking about this weekend’s peace summit in Switzerland for months, desperately trying to drum up international enthusiasm for — and investment in — Kyiv’s peace plan. … Read more
The aerial view shows residential buildings under construction in Hangzhou, China on March 15, 2024. STR | AFP | Getty Images China needs bond market reforms as soaring debt poses significant longer-term risk to the country, according to S&P Global. Despite the government’s efforts, debt levels remain very high even as nominal GDP growth has … Read more
