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Investors’ China aversion is bad for everyone
  + stars: | 2023-09-07 | by ( Una Galani | ) www.reuters.com   time to read: +7 min
FIERCE RESTRAINTAs a country on the cusp of high-income status, China ought to be a magnet for overseas investors. Companies in the MSCI China Index trade at 10 times their expected earnings for the next twelve months, half the level of the S&P 500 Index. However, assets following these mandates remain insignificant compared to the $1.3 trillion benchmarked to MSCI’s Emerging Markets Index. However, they have played a bigger role in the past decade funding Chinese companies through Hong Kong and U.S. listings. Chinese equities have a combined market value of $15 trillion, greater than Japanese, French, Indian and British stocks combined.
Persons: Xi Jinping, Goldman Sachs, Gavekal Dragonomics, Gavekal, Tesla, John Welling, Dow, Xi, Peter Thal Larsen, Thomas Shum Organizations: Reuters, U.S . Federal, People’s Bank of, Treasury, HK, Companies, Apple, Microsoft, BlackRock, China, WHO, International, U.S, Reuters Graphics Reuters, Dow Jones, Global, Thomson Locations: MUMBAI, China, People’s Republic, People’s Bank of China, United States, Hong Kong, U.S, Gulf, Asia, North America, Shanghai, Shenzhen
Such films would face a tougher road under the Green amendment. For argument’s sake, let’s say the Green amendment does force American studios to stop editing for China and, as a result, American films are banished from Chinese theaters. How exactly does that advance Mr. Green’s crusade against China — or the cause of free speech? If Chinese audiences can no longer see American movies, the Communist censors have achieved their goal: Less Americana on their screens. At a time of waning patriotism and lower military recruitment, the Green amendment could leave Hollywood less capable of portraying the military accurately and arguably less willing to portray it at all.
Persons: Mr, Green, China, China — Organizations: Department of Defense, Hollywood, China, Communist, U.S, Chinese Communist Party Locations: People’s Republic of China, China, America, India, U.S
Together, experts say, these efforts aim to enhance China’s military reach, which currently includes only one operational overseas naval base in Djibouti on the Horn of Africa. “It’s a question of when – not if – China will secure its next overseas military outpost,” he said. This photo taken on August 1, 2017, shows Chinese People's Liberation Army personnel attending the opening ceremony of China's new military base in Djibouti. The Hambantota commercial port in Sri Lanka has long been considered a prime candidate for a Chinese naval base. However, China’s path to developing permanent overseas bases, if indeed that is its aim, is not straightforward.
Persons: FDD, Craig Singleton, , , , Tea Banh, FDD’s Singleton, Tang Chhin Sothy, Singleton, Xi Jinping, Stringer, ” AidData, Stephen J, Townsend, ” Townsend, Bata, Ali Bongo Ondimba, Ken Ishii, , ” Singleton, China’s, Aaron Favila, Isaac Kardon, Kardon, ” Kardon, BlackSky Singleton, Rob Wittman, Fu Tian, Seth Moulton, ” Moulton, Martin Meiners Organizations: South Korea CNN, People’s Liberation Army Navy, Foundation for Defense of Democracies, People’s Liberation Army, PLA, Ream, Base, CNN, China’s Ministry of Defense, Ministry of Foreign Affairs, Ream Naval Base, ” Cambodian Defense, Cambodian, Getty, Fleet, Communist Party, US, Liberation Army personnel, William & Mary University, Sri Lankan Navy, US Africa Command, Gabonese, of, Xinhua, Naval Research Academy, Carnegie Endowment, International Peace, East China Seas, China, Control, Organization, Force, Strategic, International Studies, Defense Department, Chinese Communist Party, , Virginia Republican, The Defense Department, Qingdao Port, People's Liberation Army Navy, China News Service, America, Pentagon, US Defense Department Locations: Seoul, South Korea, China, Beijing, Washington, Cambodia, Argentina, Cuba, Djibouti, of Africa, Africa, West Asia, Gulf, Thailand, United States, Preah Sihanouk, AFP, Horn of Africa, , South, Taiwan, Virginia, , Sri Lanka, Bata , Equatorial Guinea, Gwadar, Pakistan, Kribi, Cameroon, Ream, Vanuatu, Nacala, Mozambique, Nouakchott, Mauritania, Colombo, Equatorial Guinea, Gabon, West Africa, South China, East Asia, East, Asia, Washington In Washington, Nanchang, Qingdao, Shandong province, Massachusetts
CNN —A group of military officers claiming to represent “defense and security forces” in Gabon announced on Wednesday they had seized power in the African nation, according to a televised address circulating on social media. In the broadcast, the military officer said the election results would be voided and the country’s borders would be closed until further notice. Bongo’s long ruleEarlier on Wednesday, Gabon’s election body said Bongo had won the presidential election with 64.27% of the vote, after a delay-plagued general election that the opposition denounced as fraudulent. The elder Bongo came into power in 1967, seven years after the country’s independence from France. Ahead of the election, the non-profit Reporters Without Borders condemned the Gabonese government for obstructing foreign press coverage of the event.
Persons: , Ali Bongo, , Bongo, Albert Ondo Ossa, Omar Bongo, Ondo, Bongo’s Organizations: CNN, Gabon24, Twitter, Senate, National Assembly, Constitutional, Economic, Social, Environmental Council, Reuters, Union, Borders, United Nations, Gabonese Locations: Gabon, Gabonese, Libreville, West, Central Africa, Mali, Guinea, Burkina Faso, Chad, Niger, Ondo, France
No matter that Mr. Prigozhin subsequently met with the Kremlin and seemed to come and go where he pleased. If Mr. Prigozhin was assassinated, was it a snap decision or a well thought-out plan conceived after the rebellion? Whatever the truth, it’s clear that Mr. Putin had ample reason to wish for Mr. Prigozhin’s demise, and not just as a matter of rehabilitating his reputation. Yet while Mr. Putin undoubtedly sanctioned and funded these endeavors, for him the primacy of the state always took precedence. Mr. Prigozhin would be permitted his ventures as long as he remained subservient to the state apparatus.
Persons: Yevgeny Prigozhin’s, Prigozhin, Vladimir Putin, Putin, Prigozhin’s, Putin’s, It’s Organizations: Kremlin Locations: Russia
Committee chair U.S. Rep. Mike Rogers, (R-AL) during a House Armed Services Committee meeting on Capitol Hill in Washington, U.S., February 2, 2023. The White House has denied that partisan motivations were behind the decision. The U.S. military announced on July 31 that Biden, a Democrat, had selected Colorado Springs as the permanent location of the U.S. Space Command headquarters, saying it would ensure "peak readiness" of the command during a critical period. Space Command is responsible for American military operations in space. Reporting by Patricia Zengerle; Editing by Mark Porter and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Mike Rogers, Tom Brenner, Gene Dodaro, Joe Biden, Lloyd Austin, Biden, Tommy Tuberville, Tuberville, Patricia Zengerle, Mark Porter, Jonathan Oatis Organizations: U.S, Rep, Armed Services, Capitol, REUTERS, Rights, U.S . House of, Armed, military's, Command, Republican, Office, Pentagon, Democrat, Colorado Springs, U.S . Space Command, Thomson Locations: Washington , U.S, Colorado, Alabama, Colorado Springs, U.S
The mug shot of Donald Trump instantly became one of the most iconic images of anyone who served as commander in chief. Video Ad Feedback Haberman: This is the message Trump wanted to convey in his mug shot 01:08 - Source: CNNFor those who revile Trump for his autocratic instincts, demagoguery, vulgarity and self-obsession, the mug shot may offer feelings of vindication. For any other politician, a mug shot would be the end. Even though he’s no longer in office, Trump’s mug shot will now enter the historic record of the select band of those who’ve called the White House home. The same will be true of Trump’s mug shot.
Persons: Donald Trump, P01135809, Trump, revile Trump, he’s, , John Kennedy, Lyndon Johnson, Jacqueline Kennedy, husband’s, Richard Nixon’s, George W, Bush, catalyzing Organizations: CNN, Office, Republican, Trump, Service, Twitter, GOP, White, Air Force, Hurricane Locations: Fulton, Georgia, New York, Atlanta, Wisconsin, Dallas, ignominy
India’s recent efforts in space exploration closely mirror the country’s diplomatic push as an ambitious power on the rise. That assertiveness on the world stage is a central campaign message for Mr. Modi, who is up for re-election for a third term early next year. “Thanks to our scientists, India has a very rich history in the space sector,” Mr. Modi said after Chandrayaan-3’s launch to the moon last month. Russia’s failed moon landing just days before India’s successful attempt was the latest indication of Moscow’s struggles as a space power. On the day India is attempting its moon landing, Mr. Modi is in South Africa for a meeting of the group of nations known as BRICS.
Persons: Narendra Modi’s, Modi, Mr, China —, Russia’s, India’s, Xi Jinping, Modi’s, Bharat Karnad, Karnad, , Organizations: China, Mr, Artemis Accords, Center for Policy Research Locations: New Delhi, India, United States, Soviet Union, Washington, Moscow, China, Beijing, South Africa, Russia, U.S
"Firefighters cannot be held hostage to congressional infighting," said Lucas Mayfield, president of the advocacy group Grassroots Wildland Firefighters. More than 10 million acres were affected in 2015 and 2017. Last year, the cost of suppressing wildfires across 7.6 million acres surpassed $3.5 billion, according to the center. "Now is not the time ... to be engaging in this kind of the political gamesmanship around something as important as the livelihood of our wildland firefighters," he told Reuters. Neguse and Senator Kyrsten Sinema, an independent from Arizona, have introduced legislation in their respective chambers that would avoid the pay cliff and authorize future pay increases for wildland firefighters.
Persons: Matthew A, Foster, Handout, Mike Simpson, Joe Biden, Lucas Mayfield, Mayfield, Joe Neguse, Kyrsten Sinema, David Morgan, Scott Malone, Alistair Bell Organizations: Force, U.S . Army National Guard, Staff, REUTERS, Rights, Interagency Fire, Idaho Republican, Reuters, Republicans, Democrats, Democratic, Biden, Grassroots, Firefighters, Republican, National Interagency Fire Center, Colorado Democrat, House, Thomson Locations: Lahaina , Hawaii, U.S, Washington, West, British Columbia, Idaho, United States, Neguse, Arizona
So I think there’s going to be some opportunistic acquisitions.”There is already evidence of frenzied deal activity involving pre-producing companies. Develop Global, a base metals explorer backed by diversified miner Mineral Resources, last month proposed to acquire lithium developer Essential Metals for A$152.6 million ($97.98 million). “Even though battery chemistry is evolving and impacting certain metals, lithium is a mainstay and the demand story remains robust. The battery metals landscape, and lithium in particular, looks poised for further M&A activity,” said Gavi Friedland, head of metals and mining at Goldman Sachs in Australia & New Zealand. Mineral Resources is deciding whether to build an Australian lithium battery chemical plant, while Albemarle is expanding production at its Kemerton hydroxide plant and SQM is also building a lithium hydroxide plant.
Persons: Ivan Alvarado, acquirers, , Kaan, , Gavi Friedland, Goldman Sachs, Guy Alexander, Buyers, Japan’s Idemitsu, Delta, Tony Chong, Squire Patton Boggs, Jakob Stausholm, Stausholm, ” Dale Henderson Organizations: MELBOURNE, REUTERS, Chile, Albemarle Corp, RBC, Develop, Mineral Resources, Metals, Minerals, Liontown Resources, Climate Capital, Consultancy, EV, Goldman, New Zealand, Resources, , Rio Tinto, Patriot Metals, Canada, Reuters Locations: Albemarle Chile, Chile, Australia, Sydney, Andover, Albemarle, Perth, China, U.S, Rio, Canada, Quebec
[1/2] A general view shows the brine pools of Albemarle Chile lithium plant placed on the Atacama salt flat, Chile, May 4, 2023. "It seems like the cheapest way to get lithium units is via the drill bit," said analyst Kaan Peker of RBC in Sydney. "Even though battery chemistry is evolving and impacting certain metals, lithium is a mainstay and the demand story remains robust. The battery metals landscape, and lithium in particular, looks poised for further M&A activity,” said Gavi Friedland, head of metals and mining at Goldman Sachs in Australia & New Zealand. Mineral Resources is deciding whether to build an Australian lithium battery chemical plant, while Albemarle is expanding production at its Kemerton hydroxide plant and SQM is also building a lithium hydroxide plant.
Persons: Ivan Alvarado, acquirers, Kaan, , Gavi Friedland, Goldman Sachs, Guy Alexander, Buyers, Japan's Idemitsu, Delta, Tony Chong, Squire Patton Boggs, Jakob Stausholm, Stausholm, Dale Henderson, Melanie Burton, Veronica Brown Organizations: REUTERS, Chile, Albemarle Corp, RBC, Develop, Mineral Resources, Metals, Minerals, Liontown Resources, Climate Capital, Consultancy, EV, Goldman, New Zealand, Resources, Tinto, Patriot Metals, Canada, Reuters, Thomson Locations: Albemarle Chile, Chile, MELBOURNE, Australia, Sydney, Andover, Albemarle, Perth, China, U.S, Canada, Quebec
MOSCOW, Aug 21 (Reuters) - The race to explore and develop the moon's resources has begun and Russia must remain a player despite the failure of its first lunar mission in 47 years, the head of Russia's space agency Roskosmos said on Monday. Russia's Luna-25 space craft spun out of control and crashed into the moon on Saturday after a problem preparing for pre-landing orbit, underscoring the post-Soviet decline of a once mighty space programme. "Today it is also of a practical value because, of course, the race for the development of the natural resources of the moon has begun. And in the future, the moon will become a platform for deep space exploration, an ideal platform." Russia has said it will launch further lunar missions and then explore the possibility of a joint Russian-China crewed mission and even a lunar base.
Persons: Roskosmos, Russia's Luna, Yury Borisov, Vladimir Soldatkin, Gareth Jones Organizations: NASA, Artemis Accords, Thomson Locations: MOSCOW, Russia, Handout, Russian, China, United States
The Indian space agency launched the rocket carrying the spacecraft on July 14, blasting off from the country's main spaceport in the southern state of Andhra Pradesh. Rough terrain is expected to complicate a landing on the lunar south pole. A previous mission by India's space agency, the Chandrayaan-2, crashed in 2019 near where the Chandrayaan-3 will attempt a touchdown. Both India and Russia have national interests in successful landings and in claiming the historic first at stake. Russia's space agency Roscosmos has said the Luna-25 mission would spend 5-7 days in lunar orbit before descending to one of three possible landing sites near the pole.
Persons: Roscosmos, Luna, Narendra Modi's, Nivedita, Philippa Fletcher Organizations: ISRO, Handout, REUTERS, Rights, LM, Indian Space Research Organisation, Luna, India's, Skyroot Aerospace, Thomson Locations: Russia, Andhra Pradesh, India, Ukraine, Bengaluru
SHENZHEN, CHINA - MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. (Photo by Zhong Zhi/Getty Images)A lead China official called for tighter secrecy in the energy sector to protect national interests against hostile foreign forces, echoing a broader crackdown impacting the country's investment landscape. Zhang urged the steps — which include preventing the leaks of key technologies in the energy sector — while citing the priority of national interests in the face of a "hostile" international landscape. "The energy transition has some contradictions and difficulties — these very often are the focus of foreign hostile forces that want to steal and attack. "The task of promoting carbon peak carbon neutrality is arduous," he warned.
Persons: Zhong Zhi, Zhang Jianhua, Zhang, Goldman Sachs Organizations: China's National Energy Administration, CNBC Locations: SHENZHEN, CHINA, Shenzhen, China
CNN —Judges are being forced into an unprecedented and perilous spot in the middle of an already tempestuous presidential campaign because of rising acrimony over the criminal trials of Donald Trump. Indeed, Trump and his allies are already framing the four indictments against him as an example of election interference. Smith’s prosecutors implicitly admitted this in arguing in the federal election subversion case that there was an overriding national interest in avoiding unnecessary delays – given the identity of the accused. Thorny questions judges must addressThe fateful decisions that judges will be called on to make go far beyond when the trials take place. For instance, one of his lawyers argued that Smith’s election subversion case cannot be fairly tried in Washington, where Trump won only 5% of the vote.
Persons: Donald Trump, Tanya Chutkan, Abigail Jo Shry, Trump, Shry, , Chutkan, Fani Willis, Jack Smith’s, Willis, Smith, He’s, Biden, Aileen Cannon, Cannon, Willis ’, Mark Meadows, Ryan Goodman, CNN’s Erin Burnett, Ty Cobb, Burnett, Stormy Daniels, wouldn’t, , ” Chutkan, ” Trump, Organizations: CNN, Prosecutors, Department of Homeland Security, Wednesday, Republican, Trump, White House, New York University Law School, White Locations: Texas, Washington , DC, Washington, Houston, Fulton County, Georgia, Iowa, Florida, Manhattan, West Virginia
A prominent Iranian film director and an Iranian producer were sentenced on Tuesday to six months in prison for creating the film “Leila’s Brothers” and screening it at the Cannes Film Festival without official approval, according to the country’s news media. Saeed Roustaee, the film’s director, and Javad Noruzbegi, who produced the film with Roustaee, were both sentenced to six months in prison by the Islamic Revolutionary Court in Tehran for “participating in the opposition’s propaganda against the Islamic regime,” according to the conviction announcement made by the court and reported in Etemad, an Iranian reformist newspaper. “The defendants aligned with the oppositional media, under the influence of propaganda, in line with the counter-revolutionary (anti-regime) forces,” the announcement read. “With the aim of raising money and seeking fame,” it said, they “prepared fodder and intensified the media battle against the religious authority.”Roustaee and Noruzbegi will serve about nine days of their sentence, with the remainder suspended for five years, Etemad reported. During that period, Roustaee and Noruzbegi will be required to complete a 24-hour course about “creating movies aligned with national interests and national morality” and refrain from associating with other individuals in the film industry, according to Etemad.
Persons: Saeed Roustaee, Javad Noruzbegi, , , Etemad Organizations: Cannes, Islamic Revolutionary, Locations: Iranian, Tehran, Etemad
Filipino soldiers stand at attention near a Philippine flag at Thitu island in disputed South China Sea April 21, 2017. "Major concern is also seen in the Cross-Straits relations that has the potential to be the flashpoint in the region," the government said in the document, published by the National Security Council, referring to the Taiwan Strait. The plan also covered government food and energy security priorities and noted that the South China Sea "remains a primary national interest". To achieve energy security, the government said it would explore development of offshore reserves, including in the South China Sea, to help reduce dependence on imports. Ties with China have grown tense under Marcos, as the Philippines pivots back to traditional ally the United States.
Persons: Erik De Castro, Ferdinand Marcos Jr, Marcos, Karen Lema, Robert Birsel Organizations: REUTERS, Rights, National Security Council, Mutual Defense, U.S, Thomson Locations: Philippine, Thitu, China, Philippines, United States, Taiwan, Beijing, Japan, South, South China
The causes of the Hawaii wildfires, which started on Tuesday night, have not yet been determined. Hawaii Governor Josh Green on Sunday called a part of the island of Maui that was devastated by wildfires a "war zone". Reuters GraphicsHOW MANY DIED IN THE CLOQUET AND GREAT HINCKLEY FIRES? Since 2018, wildfires in the United States have destroyed nearly 63,000 structures, the majority of which were homes. In 2022, there were 66,255 wildfires in the United States, compared with 18,229 in 1983, when record keeping began, per the National Oceanic and Atmospheric Administration (NOAA).
Persons: Josh Green, Peshtigo, Partridge, Hinckley, Stephen Culp, Lisa Shumaker Organizations: National Fire Protection Association, Historical Society, Reuters, HINCKLEY, Library of Congress, NFPA, Federal Emergency Management Association, FEMA, Environmental Protection Agency, Interagency Fire Center, Fire, Hinckley, Oceanic, Atmospheric Administration, NOAA, Thomson Locations: Maui, Hawaii, Lahaina, Wisconsin, Minnesota, Hinckley, Mission, Miller, United States, California
The ban comes under the Printing Presses and Publications Act, the ministry added. ‘Political punching bag’Rights groups say the LGBTQ community faces growing intolerance in Malaysia and accuse the government of being at least partly to blame. “It showcases an alarming trend where symbols of pride and acts of solidarity with the LGBTQ community are met with harsh and disproportionate government responses,” Dhia said. As more individuals and groups come forward in support of the LGBTQ community, the state’s pushback grows increasingly aggressive,” Dhia added. By creating an environment of fear and hostility, the Malaysian government does a disservice not only to the LGBTQ community but to every Malaysian citizen.”
Persons: CNN —, , Nick Hayek Jr, , ” Hayek, Phil Robertson, ” Robertson, Dhia Rezki Rohaizad, ” Dhia, Matty Healy, Dhia Organizations: CNN, Swatch, Ministry of Home Affairs, Printing, Malaysian, ” Swatch Malaysia, Asia, Human Rights, , “ Gay, British Locations: Malaysia, Malaysian
The campaign trail will run as much through various court rooms as through the fabled rituals of an American election year. Furthermore, the events surrounding Trump’s denial of his 2020 election defeat have been in the public domain for years. But Trump’s team has already warned it may need up to three-and-a-half years to prepare his defense. His forceful opening gambit on the date suggests a strategy to ensure that any compromise date the judge arrives at will still be relatively early in 2024. The question of a trial date will likely wait for a subsequent hearing.
Persons: Jack Smith, Donald Trump, Smith, Prosecutors, Trump’s, Trump, , Elie Honig, Tim Parlatore, , ” Parlatore, Smith’s, Joe Biden’s, Tanya Chutkan, Chutkan, Ryan Goodman, Ron DeSantis, Aileen Cannon Organizations: CNN, Iowa GOP, Prosecutors, GOP, Trump, IOWA, Republican, Defense Department, White, Trump’s Republican, Florida Gov Locations: Washington, DC, Iowa, New Hampshire, Manhattan, Florida, Lago, Georgia, American
Russia said that it would launch further lunar missions and then explore the possibility of a joint Russian-China crewed mission and even a lunar base. NASA has spoken about a "lunar gold rush" and explored the potential of moon mining. The conditions of the moon mean robots would have to do most of the hard work, though water on the moon would allow for long-term human presence. It has not been ratified by any major space power. The United States in 2020 announced the Artemis Accords, named after NASA’s Artemis moon program, to seek to build on existing international space law by establishing “safety zones" on the moon.
Persons: Guy Faulconbridge, Peter Graff Organizations: NASA, European Space Agency, 2.1b, Vostochny, REUTERS, Boeing, United Nations, RAND Corporation, Artemis Accords, Thomson Locations: MOSCOW, Russia, United States, China, India, Russian, Sun, Amur
Malaysia has banned pride-themed Swatch watches. Malaysian officials seized over 160 pride-themed watches from Swatch stores. In May, authorities raided Swatch stores and confiscated more than 160 watches from its Pride Collection. Swatch contested allegations that the watches were harmful, saying they carried a message of peace and love. Anyone found in possession of such Swatch products faces up to three years in jail or a fine of up to 20,000 ringgit ($4,375), it warned.
Organizations: Swatch, Service, Federal Gazette, Ministry Locations: Malaysia, Wall, Silicon, Swiss, Kuala Lumpur, Jakarta, Taipei
CNN —A Russian and Chinese naval patrol consisting of several vessels operated off the coast of Alaska last week, defense officials and lawmakers said over the weekend – a show of force that prompted a US military response but did not pose a threat to the US or Canada, a US Northern Command spokesperson told CNN. NORTHCOM and the North American Aerospace Defense Command deployed planes and ships to monitor the Russian and Chinese patrol, which stayed in international waters, the spokesperson said. Dan Sullivan and Lisa Murkowski said in a statement Saturday that a total of 11 Russian and Chinese vessels had been operating near the Aleutian Islands, and were met in response by four US Navy destroyers. “For that reason, I was heartened to see that this latest incursion was met with four U.S. Navy destroyers, which sends a strong message to (Chinese President) Xi Jinping and (Russian President Vladimir) Putin that the United States will not hesitate to protect and defend our vital national interests in Alaska,” Sullivan said. Russia and China have intensified their defense and economic partnership considerably since Russia invaded Ukraine in February 2022, according to a July US intelligence report, and the countries have repeatedly pledged to strengthen their military ties.
Persons: Alaska’s Republican Sens, Dan Sullivan, Lisa Murkowski, Murkowski, Sullivan, Liu Pengyu, ” Sullivan, Xi Jinping, Vladimir, Putin Organizations: CNN, Northern Command, NORTHCOM, North American Aerospace Defense Command, Alaska’s Republican, US Navy, Alaska Command, US Coast Guard, U.S . Navy Locations: Alaska, Canada, U.S, Aleutians, Russian, United States, Russia, China, Ukraine
A majority of Americans continue to approve of U.S. aid to Ukraine in the conflict, but that support has softened over time, owing mostly to increasing Republican opposition. That shift has been led by former President Donald Trump, whose first impeachment resulted from his 2019 phone call to Mr. Zelensky pressuring him to investigate Mr. Trump’s political rivals after freezing hundreds of millions of dollars in aid to Ukraine. Mr. Trump, who maintained that he did not pressure Mr. Zelensky, has said defending Ukraine is not a vital national interest for the United States. In a CNN town hall in May, he refused to say whether he would continue President Biden’s policy of supplying weapons and ammunition to Ukraine if he returned to the White House, or whether he supported Mr. Zelensky or Russian President Vladimir Putin in the conflict. “I want everybody to stop dying,” Mr. Trump said.
Persons: Biden, Donald Trump, Zelensky, Trump, Biden’s, Vladimir Putin, ” Mr, Christie, Putin ” Organizations: Pew Research, CNN, White, Trump Locations: States, Ukraine, United States
“Our goal in Saudi Arabia is to develop a unified vision of the formula and to work out the possibilities of holding the future Global Peace Summit,” they said, referring to Ukraine’s peace plan. That summit produced no major headlines, nor a discernable drift to Ukraine’s prerequisite for peace that Russian troops exit Ukraine. Like the roads that led to Rome in its day, Saudi Arabia is increasingly at the confluence of competing global interests. In spring this year, Saudi Arabia and China announced a confidence-building peace plan with Iran to repair their hostile relationship. All of this of course is way outside the scope of the Jeddah peace summit and Russia’s unprovoked war of aggression in Ukraine.
Persons: Prince Mohammed bin Salman, , , Jake Sullivan, Biden, Xi, Putin, It’s, Volodymyr Zelensky’s Organizations: CNN, Saudi, MBS, Peace, National, CNN US State Department, Danes, NATO, African Union Locations: Jeddah, stewing, Ukraine, Russia ”, India, Saudi Arabia, Moscow, , Kyiv, Denmark, Rome, Yemen, China, Iran, Russia, Washington, Saudi, Gulf, Israel, Europe, Africa, St Petersburg, Ukrainian
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