ReportWire

Tag: Developing Economies

  • Iraq’s Leader Seeks an Improbable Prize: Independence From the U.S. and Iran

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    Mohammed Shia al-Sudani is running for re-election Tuesday after managing to keep his country out of the region’s recent conflicts.

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    Michael Amon

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  • Opinion | Will Israel Do Lebanon’s Dirty Work?

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    Trump loses patience as Beirut fails to disarm Hezbollah terrorists.

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    The Editorial Board

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  • Opinion | The Brains Behind Ukraine’s Pink Flamingo Cruise Missile

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    Kyiv, Ukraine

    If politics makes strange bedfellows, war sometimes makes strange career paths. In her 20s, Iryna Terekh was a “very artsy” architect who viewed the arms industry as “something destructive.” Now Ms. Terekh, 33, is chief technical officer and the public face of Fire Point, a Ukrainian defense company. She and her team developed the Flamingo, a long-range cruise missile that President Volodymyr Zelensky has called “our most successful missile.”

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    Jillian Kay Melchior

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  • Another U.S. Attempt to Topple Maduro Would Be a Disaster

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    The U.S. appears to be preparing to attack my country. That’s a sentence nobody wants to write. For us Venezuelans, though, it’s especially bitter. For years, we looked to the U.S. to support our fledgling democracy movement against an authoritarian government happy to rewrite history to suit its political convenience. Now, in a bizarre twist of fate, our country faces an attack by an authoritarian American government that is happy to rewrite our history to suit its own political convenience.

    Though President Trump has said in recent days that he doubts the U.S. will go to war with Venezuela, the American military buildup is ongoing, and The Wall Street Journal and other sources have reported on the Pentagon’s efforts to select targets in the country. Trump has said again and again that he is going after Nicolás Maduro because the dictator emptied out Venezuela’s prisons as part of a sinister plan to flood U.S. streets with drug dealers.

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    [ad_2] Quico Toro
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  • Chips Held Hostage in Trade War Start Flowing Again to Auto Suppliers

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    Nexperia microchips are leaving China again, easing a shortage of simple but ubiquitous parts that threatened to paralyze the auto industry.

    German automotive supplier Aumovio, which was recently spun out of tire giant Continental, said Friday that the Sino-Dutch company’s semiconductors and components containing them were on their way from China to Aumovio’s distribution hub in Hungary.

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    Stephen Wilmot

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  • China’s Bid for Tech Prowess to Keep Lid on Consumption Boost

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    China’s leaders have again pledged to give consumption a bigger role in driving growth, but economists remain unconvinced.

    The emphasis given to technological self-sufficiency and advanced manufacturing has raised doubt over how high consumption is on policymakers’ To Do list.

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  • Trump Administration Blocks Gunvor Takeover of Russian Oil Assets

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    Gunvor pulled its offer to buy the international assets of sanctioned Russian oil producer Lukoil after the U.S. Treasury Department said it opposed the deal and called the Swiss commodities trader the “Kremlin’s puppet.”

    The move signals the Trump administration is taking a hard-line approach in its recently launched effort to use economic pressure on Moscow to end the war in Ukraine.

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    Georgi Kantchev

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  • New Aircraft Carrier Advances China’s Naval Power

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    Leader Xi Jinping marked a step in his mission to modernize the nation’s military.

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    Chun Han Wong

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  • China’s Exports Unexpectedly Contract

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    Exports contracted in October from a year earlier, dragged by a high base of comparison and cooling overseas demand after months of front-loading.

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  • Hundreds of Hamas Fighters Are Stuck in Tunnels in Israeli-Controlled Gaza

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    A detachment of Israeli engineering troops was demolishing tunnels behind the withdrawal line in Gaza last month when Hamas militants sprang from a hidden shaft, fired an antitank missile toward their excavator and killed two soldiers.

    A little over a week earlier, Israel and Hamas had agreed to a cease-fire. Israel responded to the deadly encounter with a round of airstrikes on Gaza that killed dozens of people.

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    [ad_2] Dov Lieber
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  • Trump Expresses Reservations Over Strikes in Venezuela to Top Aides

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    WASHINGTON—President Trump has recently expressed reservations to top aides about launching military action to oust Venezuelan President Nicolás Maduro, fearing that strikes might not compel the autocrat to step down, according to U.S. officials familiar with the deliberations.

    The debate underscores that the administration’s Venezuela strategy remains in flux, despite a buildup of military forces in the region and public threats by Trump to launch attacks.

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    [ad_2] Alexander Ward
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  • Hamas Returns Last Dead American-Israeli Hostage to Israel

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    TEL AVIV—The body of the last dead American hostage in Gaza was returned by Hamas after more than two years, marking the close of a painful chapter for U.S. families whose relatives were taken by the militant group.

    Itay Chen, 19, an Israeli-American soldier who also holds German citizenship, was killed during the Oct. 7, 2023, Hamas-led attack while fighting off militants with his tank crew in southern Israel. Chen was one of around 250 hostages taken during the attack, including around a dozen U.S. nationals, according to the Hostages Families Forum, an advocacy group.

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    [ad_2] Anat Peled
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  • How China’s Chokehold on Drugs, Chips and More Threatens the U.S.

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    BEIJING—China has demonstrated it can weaponize its control over global supply chains by constricting the flow of critical rare-earth minerals. President Trump went to the negotiating table when the lack of Chinese materials threatened American production, and he reached a truce last week with Chinese leader Xi Jinping that both sides say will ease the flow of rare earths.

    But Beijing’s tools go beyond these critical minerals. Three other industries where China has a chokehold—lithium-ion batteries, mature chips and pharmaceutical ingredients—give an idea of what the U.S. would need to do to free itself fully from vulnerability. 

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    Yoko Kubota

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  • One Caribbean Leader Is Going All-Out for Trump Against Venezuela

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    PORT OF SPAIN, Trinidad and Tobago—No leader in the Caribbean has embraced the Trump administration’s forceful new military presence in the region like the prime minister of Trinidad and Tobago.

    Kamla Persad-Bissessar, who took office in May, has been unwavering in her support for President Trump, cheering airstrikes against alleged drug boats, allowing U.S. military operations in her country’s waters and permitting an American warship to dock at the capital’s main port. On drug smugglers, she has said the U.S. should “kill them all violently.”

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    Kejal Vyas

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  • Dick Cheney, Powerful Former Vice President Who Served Four Republican Presidents, Dies at 84

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    Dick Cheney, who served four Republican presidents and whose role as an architect of the post-9/11 war on terror made him one of the most powerful—and controversial—U.S. vice presidents in history, died on Monday. He was 84.

    He died due to complications of pneumonia and cardiac and vascular disease, his family said in a statement.

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    John D. McKinnon

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  • A Fight Over an African Leader’s Body Keeps Getting Weirder

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    NDOLA, Zambia—In the latest bizarre twist in a bizarre story, fans of the late Zambian President Edgar Lungu have appropriated an English soccer ditty to advocate for the return of his body to the southern African country.

    Zambia’s current president, Hakainde Hichilema, wants Lungu—who died in June while seeking medical treatment in South Africa—buried in Zambia. Lungu’s family says he despised Hichilema so much that he barred his political rival from his funeral. They want to keep even more distance between the two men, burying Lungu in Johannesburg. The two sides are fighting it out in court and, now, in bars and on the airwaves.

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    Nicholas Bariyo

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  • A Mayor’s Assassination Reignites Mexico’s Debate Over Confronting Cartels

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    MEXICO CITY—Since taking office last year as mayor of Uruapan, Carlos Manzo often led police raids wearing his bulletproof vest and cowboy hat to fulfill his mandate to end endemic extortion in the avocado capital of the world.

    The 40-year-old Manzo knew that the criminal gangs he confronted had more resources and superior weaponry. He was gunned down on Saturday as he officiated a candle-lighting ceremony for Day of the Dead, one of the main religious festivities in Mexico’s western Michoacán state.

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    José de Córdoba

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  • Opinion | Trump and Nigeria’s Persecuted Christians

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    President Trump wanted the attention of Nigerian President Bola Tinubu, and he’s got it. On Friday Mr. Trump designated Africa’s most populous nation a “country of particular concern” for religious persecution. And on Saturday he wrote that if Nigeria fails to protect its Christians, the U.S. may go in “‘guns-a-blazing,’ to completely wipe out the Islamic Terrorists who are committing these horrible atrocities.”

    Christians account for nearly half of Nigeria’s population, and they’ll welcome Mr. Trump’s attention. Open Doors International, which tracks religious persecution, says more Christians are killed for their faith in Nigeria than anywhere else in the world.

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    [ad_2] The Editorial Board
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  • Opinion | Trump’s New World Order

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    Walter Russell Mead is the Ravenel B. Curry III Distinguished Fellow in Strategy and Statesmanship at Hudson Institute, the Global View Columnist at The Wall Street Journal and the Alexander Hamilton Professor of Strategy and Statecraft with the Hamilton Center for Classical and Civic Education at the University of Florida.

     

    He is also a member of Aspen Institute Italy and board member of Aspenia. Before joining Hudson, Mr. Mead was a fellow at the Council on Foreign Relations as the Henry A. Kissinger Senior Fellow for U.S. Foreign Policy. He has authored numerous books, including the widely-recognized Special Providence: American Foreign Policy and How It Changed the World (Alfred A. Knopf, 2004). Mr. Mead’s most recent book is entitled The Arc of A Covenant: The United States, Israel, and the Fate of the Jewish People.

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    Walter Russell Mead

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  • Exclusive | Trump Officials Torpedoed Nvidia’s Push to Export AI Chips to China

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    Shortly before President Trump met Chinese leader Xi Jinping in South Korea, an urgent issue emerged. Trump wanted to discuss a request by Nvidia Chief Executive Jensen Huang to allow sales of a new generation of artificial-intelligence chips to China, current and former administration officials said.

    Greenlighting the export of Nvidia’s Blackwell chips would be a seismic policy shift potentially giving China, the U.S.’s biggest geopolitical competitor, a technological accelerant. Huang—who speaks to Trump often—has lobbied relentlessly to maintain access to the Chinese market.

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    Lingling Wei

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