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Hui and Evergrande also face charges of illegally extending loans, fraudulently issuing securities and bribery, says a Shenzhen court
The zero-tariff regime gives China's soft power a boost, but may lead to uneven gains, say analysts
A fragile ceasefire between the United States and Iran is holding for now, but pressure is mounting across multiple fronts. Here is a breakdown of where the conflict stands: Iran Floats Proposal, Sidesteps Nuclear Demands The Iranian regime has reportedly floated a new proposal to the United States: end the war and lift the blockade
Beijing supports Myanmar “in forging a successful development path that aligns with its national conditions and enjoys the support of its people”, Wang said, according to a Chinese ministry readout on Apr 25
This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: Iran says the Strait of Hormuz is open — but there’s no peace deal yet, and there are plenty of unanswered questions. Here’s what we […]
French Finance Minister Roland Lescure told reporters Thursday that the Strait of Hormuz needs to reopen "but not at any price," adding that G7 leaders stand ready to mitigate the economic fallout from war. The Middle East war erupted after US-Israeli strikes targeting Iran on February 28, prompting Tehran to virtually block the Strait of Hormuz in retaliation. Energy prices have soared since, with the strait being a key waterway for oil and gas transit
April 14 (Reuters) - U.N. Secretary-General Antonio Guterres said on Tuesday the indication the United Nations had was that it was highly probable talks to end the Iran war will restart. U.S. President Donald Trump said on Tuesday that Iran talks could resume in Pakistan over the next two days, according to an interview with the New York Post. Asked what the United Nations knew about such prospects, Guterres told reporters at the U.N., "The indication we have is that it is highly probable that these talks will restart."
The conflict could also fuel another bout of inflation, according to the International Monetary Fund
Sánchez welcomed China's role in seeking to resolve the conflict in the Middle East
Hungarian Prime Minister Viktor Orbán on Sunday conceded a “painful” defeat in his bid for reelection to his rival, opposition leader Peter Magyar. “I congratulated the victorious party,” Orbán told his followers after the results trickled in, confirming the feisty populist’s sixteen years in power have come to an end. “We are going to serve […]
The Trump administration's highly-anticipated recommendations for Congress on AI offer lawmakers a list of priorities rather than a concrete legislative plan. Why it matters: Though the framework marks a starting point from the White House, it will be incredibly hard for Congress to pass anything like it — even with Republicans in control. Disagreements over AI policy go well beyond Republican vs. Democrat, and they overlap with broader tech policy debates that Congress has never been able to solve. Friction point: The four-page framework calls on lawmakers to limit the ability of states to set their own rules for the technology, setting up a renewed clash with states and Congress over the future of AI regulation. It's not tied to any specific bills and doesn't resolve longstanding issues around protecting kids and overriding state law. What's inside: The framework says Congress should "preempt state AI laws that impose undue burdens to ensure a minimally burdensome national standard consistent with these recommendations, not fifty discordant ones." The proposal calls on Congress to: Address the use of AI replicas that simulate someone's likeness or voice.Codify President Trump's pledge to require tech companies to pay for their increased energy demands.Establish "regulatory sandboxes" to allow developers to experiment with AI under relaxed rules. It also focuses on kids' online safety: "AI services and platforms must take measures to protect children, while empowering parents to control their children's digital environment and upbringing," the framework states. Our thought bubble: It's a sign that this move is about the White House staking out a position and pointing to the framework as a demonstration it tried to set the rules of the road, rather than advancing a bill. The White House's biggest efforts on AI policy are focused on squashing state efforts to regulate the technology. Between the lines: The framework says the Trump administration "believes that traini