US President Donald Trump left China after a summit which emphasized stability and positive vibes without making any substantive breakthroughs. Beijing said it reached “common understandings” with Washington, while Trump said they “settled a lot of different problems,” but neither side gave specifics; Trump invited Chinese leader Xi Jinping to ...
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Xi stays quiet over Iran war during US-China summitXi stays quiet over Iran war during US-China summit
US President Donald Trump said that he and Chinese leader Xi Jinping “feel very similar about Iran,” but Xi was less forthcoming. Trump said both China and the US want the Strait of Hormuz opened and Iran’s nuclear weapons program ended, but Xi did not comment; Beijing has always formally ...
CIA director’s meets with Cuban officials in HavanaCIA director’s meets with Cuban officials in Havana
The director of the CIA met with Cuban officials in Havana, where he pledged US backing for the island nation’s economy so long as it made “fundamental changes” to its communist political regime. The “extremely unusual” visit comes as Cuba buckles under a US embargo that has worsened the Caribbean ...
OpenAI faces legal and business strugglesOpenAI faces legal and business struggles
OpenAI, for a long time the leader in generative AI, is facing challenges on several fronts. The company’s relationship with Apple is strained and the two are bracing for potential lawsuits after the integration of ChatGPT into Apple devices has gone slowly. OpenAI is already in a legal battle with ...
Labor market resilient to AI, so farLabor market resilient to AI, so far
AI has disrupted the upper and lower ends of the employment ladder, though experts warned that fears of mass job cuts may be overblown. McKinsey said it would slash partner cash compensation as it looks to adjust to the impact of AI on the consulting industry. Meanwhile, Nigerian delivery firm ...
China is playing diplomatic long game, experts sayChina is playing diplomatic long game, experts say
China is playing a long game on both Taiwan and Iran, analysts said. Beijing believes the global balance of power is slowly tilting in its favor and sees “patience as a winning strategy,” two experts wrote in Foreign Affairs. China’s leaders view “reunification” with Taiwan — its eventual goal for ...
Opposing US-China readouts expose diplomatic fault linesOpposing US-China readouts expose diplomatic fault lines
Parallel statements from the US and China after their leaders’ met Thursday exposed sharp divides in their foreign policy postures. It’s a “tale of two readouts,” Politico’s China correspondent wrote. The White House recap mentioned Chinese investment in the US, the Strait of Hormuz, and Iran’s nuclear program — topics ...
China notches soft-power win in US summitChina notches soft-power win in US summit
US President Donald Trump’s visit to China marks a soft-power win for Beijing in its quest to present as a gleaming, high-tech powerhouse. The summit has cast the world’s attention on China’s pandemic recovery and tech innovations of the last decade, including in EVs, robotics, and clean energy: American reporters ...
US set to drop Adani bribery caseUS set to drop Adani bribery case
US prosecutors are on track to drop bribery charges against Asia’s richest person, The New York Times reported, after the Indian billionaire offered to invest $10 billion in the US. Gautam Adani was indicted — just before President Donald Trump returned to office — on charges that he bribed Indian ...
Air India to cut international flights due to fuel shortagesAir India to cut international flights due to fuel shortages
Fuel shortages stemming from the Iran war are forcing India’s second-largest airline to cut more than a quarter of its international flights for the summer, in the latest setback for global aviation. The cuts deepen the turmoil at Air India, following a devastating crash last year and the departure of ...