-
MEXC Adds Nine Ondo Tokenized Stock and ETF Trading Pairs Tied to AI Infrastructure Demand
-
Dalic quits after 'incredible era' as Croatia coach
-
Oil prices surge, stocks slide as Trump says Iran ceasefire over
-
Bayeux tapestry to arrive in London in secret, high-stakes operation
-
Sunken wrecks, hot seas threaten fishermen on Italian isle
-
Messi World Cup magic masks familiar penalty frailty
-
Rescuers search for survivors of China storms as super typhoon nears
-
Trump lashes out at allies as key NATO summit begins
-
Egypt file complaint against referee after controversial World Cup exit
-
Swiss party into the night after reaching World Cup quarter-finals
-
Apple loses challenge against EU digital competition rules
-
Trump says Iran ceasefire 'over' after fighting flares
-
Trump says Iran ceasefire 'is over'
-
Thai beer dynasty mother drops 'ungrateful child' case against son
-
Rescuers search for missing in China storms after 100,000 flee
-
France v Morocco rematch as World Cup quarter-finals get under way
-
OpenAI to launch new model after US freeze
-
Modi visits Australia for minerals talks and rockstar welcome
-
UK museums at 'sharp end' of climate change challenge
-
Sensors, early starts: how Spain keeps working when heat hits
-
In Mauritania, Imraguen people's desert-ocean paradise under threat
-
Kenya Rastafarians hope for freedom to smoke
-
Iraq's holy cities host funeral processions for Khamenei
-
Pacific nation of Tuvalu condemns Chinese missile launch into Pacific
-
Rescuers search for missing in China storms after 100,000 evacuated
-
How a viral post sparked India's Gen-Z protest
-
Ex-Australia cricketer MacGill loses appeal against cocaine conviction
-
Cambodia wants to bring tigers back, but should it?
-
Oil prices extend rally as US strikes on Iran revive geopolitical fears
-
Chinese repairwomen smash stereotypes with power tools
-
Iraq's holy cities to host funeral processions for Khamenei
-
Ecuador's Death Canal: watery grave for victims of gang violence
-
In Venezuela's quake ruins, a baby is born
-
'Unique event': Solar eclipse fever fills empty Spain
-
What to know about the total solar eclipse due in August
-
Venezuela says Caracas airport to reopen to commercial flights 'soon as possible'
-
Trump, NATO allies to begin key talks at Turkey summit
-
World Cup: Eight teams remain in the hunt for glory
-
Jaguar Mining - Drilling Along the Paciencia Trend Exploration Targets Connects Areas of Known Mineralization, Potentially Defining a Broader Gold District, Minas Gerais, Brazil
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - July 08
-
Caledonia Mining Corporation Plc: Notification of Relevant Change to Significant Shareholder
-
Guardian Metal Resources PLC Announces Tungsten Mining & Processing Strategic Partnership
-
Kyung Hee University System Announces The Bulletin of the Atomic Scientists as the Recipient of the 2nd Miwon Peace Prize
-
EONX Announces Board Changes and Appointment of New Group CFO
-
Seattle's Best Plastic Surgeon Featured in Seattle Magazine and Seattle Met
-
Who Does the Best Nose Job in Florida?
-
How Much Does Laser Hair Removal Cost in Seattle?
-
GoodData.AI Brings Governed Agentic Analytics to Regulated Enterprises Across DACH
-
Moderna Appoints Michael McDonnell to Board of Directors
-
LNTO Appoints Airtopia Founder Felix Waller as Chief Executive Officer Following Completion of Reverse Merger with Airtopia Adventure Parks
Biden, Xi arrive in Peru ahead of face-to-face at Asia-Pacific summit
US President Joe Biden and his Chinese counterpart Xi Jinping arrive Thursday in Lima for an Asia-Pacific summit overshadowed by the prospect of a world embroiled in trade wars under Donald Trump.
Saturday's face-to-face will likely be the last meeting between the sitting leaders of the world's largest economies before Biden hands the reins back to Trump, who has signaled a confrontational approach to Beijing for his second term in the White House.
Biden and Xi will likely "take stock of efforts to responsibly manage competition," a senior US administration official told reporters Wednesday ahead of the Asia-Pacific Economic Cooperation (APEC) summit.
APEC, created in 1989 with the goal of regional trade liberalization, brings together 21 economies that jointly represent about 60 percent of world GDP and over 40 percent of global commerce.
The summit program was to focus on trade and investment for inclusive growth and innovation for its members' common good.
But uncertainty over Trump's next moves now clouds the agenda -- as it does for the COP29 climate talks under way in Azerbaijan, and a G20 summit in Rio de Janeiro next week.
"All that... the APEC leaders and G20 leaders will be talking about is the one world leader who is not there -– and that is Donald Trump," Victor Cha of the Washington-based Center for Strategic and International Studies think tank said this week.
The summits will be "about one thing," he told reporters in Washington: "What to expect from the next Trump administration on trade, alliances."
- 'America First' -
Xi and Biden will meet on the second and final day of the summit that will also bring together leaders and senior officials from Japan, South Korea, Canada, Australia and Indonesia, among others.
Russia's President Vladimir Putin will not attend.
On Thursday, ministers will set the tone for the heads-of-state summit with a meeting of their own.
US Secretary of State Antony Blinken -- whom Trump announced Wednesday he will replace with China hawk Marco Rubio -- will attend the ministerial-level talks along with US Trade Representative Katherine Tai.
Trump's "America First" agenda, with protectionist stances on global commerce, fossil fuel extraction and foreign conflicts, is threatening alliances Biden had built on issues ranging from the wars in Ukraine and the Middle East, to climate change and trade.
The Republican president-elect has threatened to slap tariffs of up to 60 percent on imports of goods from China in an attempt to balance bilateral trade.
China is grappling with a prolonged housing crisis and sluggish consumption that can only be made worse by a new trade war.
But economists say punitive levies will likely also harm the American economy and affect trade with its neighbors and with Europe.
- 'Criminals and drugs' -
China is an ally of Western pariahs Russia and North Korea, and is building up its own military capacity while ramping up pressure on Taiwan, which it claims as part of its territory.
It is also expanding its reach into Latin America through infrastructure and other projects under its Belt and Road Initiative.
Xi will on Thursday inaugurate South America's first Chinese-funded port, in Chancay, north of Lima.
Biden, meanwhile, will on Friday meet Japanese Prime Minister Shigeru Ishiba and South Korean President Yoon Suk Yeol -- key US allies in Asia.
Trump has not only China in his economic crosshairs.
The Republican president-elect has threatened tariffs of 25 percent or more on goods coming from Mexico -- another APEC member -- unless it stops an "onslaught of criminals and drugs" crossing the border.
Mexico's new President Claudia Sheinbaum is skipping the Lima summit amid a diplomatic feud with Peru.
Her country has refused to recognize Peruvian President Dina Boluarte, who replaced Pedro Castillo, ousted 18 months after his election in 2021.
Peru has deployed more than 13,000 soldiers to keep the peace in Lima as transport workers and shop owners embarked on three days of protests against extortion by criminal gangs.
On Wednesday, hundreds of demonstrators were stopped by uniformed agents before they could reach the convention center.
J.Gomez--AT