ReportWire

Tag: Developing Economies

  • Dassault Aviation Rises After Ukraine Agrees to Buy 100 Rafale Fighter Jets

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    Ukraine agreed to buy 100 Rafale fighter jets as part of a larger military equipment deal that triggered a jump in the share price of the French aerospace and defense manufacturer Dassault Aviation AM 7.44%increase; green up pointing triangle.

    Ukrainian President Volodymyr Zelensky said Monday that he had signed a letter of intent to acquire 100 Rafale F4 fighter jets by 2035, SAMP/T air defense systems, radars, air-to-air-missiles and aerial bombs from France.

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    Cristina Gallardo

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  • Former Bangladeshi Leader Sheikh Hasina Sentenced to Death Over Protest Crackdown

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    The decision

    A special court in Bangladesh sentenced the country’s former prime minister, Sheikh Hasina, to death on Monday for her role in the killing of at least 1,400 protesters who participated in nationwide demonstrations last year that ultimately led to her ouster.

    The International Crimes Tribunal ruled that Hasina and several of her top officials were guilty of crimes against humanity, including inciting and abetting organized violence against peaceful student protesters in July and August 2024, and conspiring in the killing of civilians, among other charges.

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    Shan Li

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  • Hamas’s Popularity Rises in Gaza, Complicating Trump Plan to Disarm Militants

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    Hamas’s popularity has edged up among Palestinians in Gaza since the cease-fire, ending a slide during the war and posing a challenge to President Trump’s plan to bring peace to the enclave by disarming the militant group.

    A major reason is security. Last month, as a cease-fire took root and Israeli forces pulled back, Hamas fighters re-emerged on the streets as police and internal-security forces, patrolling and targeting criminals along with rivals and critics. While many Gazans have a dim view of the U.S.-designated terrorist group and don’t like seeing the group reassert itself, Palestinians have welcomed a reduction in crime and looting.

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    Sudarsan Raghavan

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  • New Nuclear Arms Race Pits U.S. Against Both Russia and China

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    The new nuclear race has begun. But unlike during the Cold War, the U.S. must prepare for two peer rivals rather than one—at a time when it has lost its clear industrial and economic edge.

    China, which long possessed just a small nuclear force, is catching up fast, while Russia is developing a variety of new-generation systems aimed at American cities.

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    Yaroslav Trofimov

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  • A New Rare-Earths Plant in Europe Shows How Tough Breaking China’s Grip Will Be

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    Europe is trying to get itself on the global rare-earths map, and a new facility on Russia’s border is its opening bid.

    The city of Narva in Estonia, once a textiles hub for the Russian Empire, is now host to Europe’s biggest production plant for the kinds of rare-earth magnets needed in electric cars and wind turbines. It is part of Europe’s push to secure a foothold in a global supply chain dominated at every step by China. Built by Canada’s Neo Performance Materials and financed in part by the European Union, the factory is expected to begin commercial deliveries to companies including the German car-parts supplier Robert Bosch next year.

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    Kim Mackrael

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  • Iran Seizes Fuel Tanker in Middle East Waterway

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    Iran seized a Cyprus-registered fuel tanker Friday, its first such interdiction in the Strait of Hormuz in more than a year.

    The seizure of the tanker Talara, which was carrying diesel fuel from the United Arab Emirates to Singapore, comes amid a still unresolved standoff between Tehran and the West over Iran’s nuclear program.

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    Benoit Faucon

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  • Ukraine’s $200 Billion Lifeline From Europe Stumbles on Pushback in Belgium

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    BRUSSELS—The European Union is racing against the clock to overcome Belgium’s objections to a plan to fund Ukraine’s defense using Russian money.

    Ukraine is on course to run out of cash in the spring, EU officials say, and they see their loan proposal as the best option for allowing Kyiv to continue buying weapons. The plan would lend as much as 183 billion euros (about $213 billion) to Ukraine, backed by Russian financial assets that are immobilized in Belgium.

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    [ad_2] Laurence Norman
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  • China Tells Citizens to Avoid Japan as Taiwan Spat Deepens

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    Beijing is furious with the Japanese prime minister after she said Japan would defend itself if China moved to seize the island.

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    Jason Douglas

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  • Opinion | Maduro Caused the Disaster

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    Regarding Quico Toro’s essay “ Another U.S. Attempt to Topple Maduro Would Be a Disaster” (Review, Nov. 8): Venezuela’s economic collapse and migratory crisis began in 2013, at least four years before the U.S. imposed broad U.S. sanctions. From 2013 onward, Venezuela experienced the highest inflation rate in the world and a precipitous decline in gross domestic product, driven directly by the devastating economic policies of Hugo Chávez and Nicolás Maduro, including widespread nationalizations, reckless monetary and fiscal policies and the implementation of universal price and currency controls.

    Mr. Toro neglects the consequences of the Biden administration’s policy of accommodation. Far from improving conditions, diplomatic passivity has allowed the government to dig in its heels, intensifying repression and exacerbating the humanitarian crisis.

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  • Israeli Settlers Burn Mosque as West Bank Violence Escalates

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    Israeli settlers extended a wave of attacks in the West Bank, drawing rare condemnation from authorities and concern from the U.S. over the escalating violence.

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    Feliz Solomon

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  • How American and Chinese Drone Arsenals Stack Up

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    The U.S. is falling behind China in one of the defining technologies of the modern battlefield.

    Drones have proven indispensable in conflicts like Ukraine, where troops rely on them to destroy tanks, lay mines, evacuate wounded fighters, and deliver food and medication. Advances in artificial intelligence increasingly allow unmanned systems to operate with minimal human direction, such as tracking and attacking targets on their own.

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    Jason French

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  • China Registers Worst Investment Decline in Years as Slowdown Continues

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    SHANGHAI—Signs of weakness in China’s economy stretched into October, with one measure of investment notching the sharpest slowdown in years.

    The numbers

    Momentum in retail sales and industrial production slowed, while investment and the property market continued to struggle, according to data released Friday by China’s National Bureau of Statistics.

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    Hannah Miao

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  • U.S. to Cut Tariffs on Bananas, Coffee and Other Goods From Four Countries

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    The U.S. plans to eliminate tariffs on bananas, coffee, beef and certain apparel and textile products under framework agreements with four Latin American nations, a senior administration official told reporters Thursday.

    The expected move—which would apply to some goods from Ecuador, Argentina, El Salvador and Guatemala—is part of a shift from the Trump administration to water down some of its so-called reciprocal tariffs in the midst of rising prices for consumers, as well as legal uncertainty after a Supreme Court hearing this month.

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    Gavin Bade

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  • China’s Economic Growth Momentum Slowed in October

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    China’s economic growth momentum slowed in October, weighed down by a high base from the previous year when Beijing rolled out stimulus measures to support a cooling economy, according to official data released on Friday.

    Industrial production rose 4.9% in October compared to a year earlier, a decline from the 6.5% increase in September, the National Bureau of Statistics said.

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  • Iraq’s Prime Minister, Iran-Backed Militias Set for Difficult Negotiations After Election

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    Iraqi Prime Minister Mohammed Shia al-Sudani’s coalition came first in this week’s parliamentary election, but Iran-backed militias also had a strong showing, setting up what could be long negotiations over who will be the country’s leader.

    Sudani had been seeking a second term, positioning himself as a leader who could make Iraq independent of both the U.S. and Iran, the two rivals that have battled for influence over the country since the 2003 American-led invasion.

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    Jared Malsin

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  • The Gaza War Has Been Big Business for U.S. Companies

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    Two years on, Israel’s war in Gaza might be finally drawing to a close. The conflict built an unprecedented arms pipeline from the U.S. to Israel that continues to flow, generating substantial business for big U.S. companies—including Boeing, Northrop Grumman and Caterpillar.

    Sales of U.S. weapons to Israel have surged since October 2023, with Washington approving more than $32 billion in armaments, ammunition and other equipment to the Israeli military over that time, according to a Wall Street Journal analysis of State Department disclosures.

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    Benoit Faucon

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  • What the Looming Fall of a Ukrainian City Says About Putin’s War

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    When Russians finally began to outnumber Ukrainians in Pokrovsk in recent weeks, the city lay in ruins and bodies lined the streets.

    The brutal fight for the Ukrainian city points to Russian President Vladimir Putin’s ultimate aims in the war—and explains why President Trump’s peace efforts have, so far, failed.

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    Thomas Grove

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  • Opinion | Syria Comes to Washington—at Long Last

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    Can you believe President Trump sat down with him at the White House? That’s the question most of the media has posed after the Monday visit of Ahmed al-Sharaa, the former al Qaeda and Islamist rebel commander who now rules Syria. But what if this framing gets the dynamic backward?

    Mr. Trump will meet with anyone, as he’s amply demonstrated. The real geopolitical news here is that a President of Syria has come to the White House—for the first time—to bring his country into the American orbit. This is an opportunity to reverse seven decades of enmity.

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    The Editorial Board

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  • Pakistan Points Finger at India Over Suicide Blast

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    Pakistan blamed India-backed militants for a suicide bombing that killed 12 people in Islamabad on Tuesday, raising the prospect of renewed tensions between the nuclear-armed rivals, as India’s prime minister vowed to hunt down the perpetrators of a car explosion in New Delhi the day before.

    A blast on Monday near a metro station by New Delhi’s historic Red Fort set several nearby cars on fire, killed eight and injured at least 20 others, Indian police said. The car had three or four passengers, all of whom died in the explosion, said police, who haven’t determined the cause of the blast.

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    [ad_2] Shan Li
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  • Alaska’s New Mining Rush Chases Something More Coveted Than Gold

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    ESTER, Alaska—At a mining site here, Rod Blakestad cracked open a shiny rock with his pick. He found quartz, a sign that the rock may contain gold.

    But Blakestad, a veteran gold hunter, tossed the rock aside. He and his team of geologists were searching for something even more sought-after: antimony, an obscure element widely used in the defense industry that is now at the center of the bitter U.S.-China trade fight.

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    Jon Emont

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