Tag: International

UN Warns of ‘Reshoring’ and ‘Friend-Shoring’ Risks in Fragile Global Trading System

November 29, 2022
Business & Marketseconomic policieseconomyfriendshoringGlobal TradeInternationalMarketsreshoringUNUSWorld
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The United Nations has criticized the trend of “friend-shoring” and “reshoring” manufacturing operations, warning that it might endanger a global trading system that is already vulnerable. Roughly 80 percent of the world’s traded goods are transported via the sea. In the past two years, the maritime industry has suffered from disruptions ranging from the COVID-19…

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Norway to Boost Security of Vulnerable Undersea Cables After Nord Stream Sabotage

November 29, 2022
Business & MarketsenergyEuropeInternationalNord StreamNorwayRussia-Ukraine WarsabotageWorld
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Norway has announced it’s going to bolster security around vulnerable undersea fiber optic cables that are critical to the country’s oil and gas production after the recent explosions of the Nord Stream pipelines were found to be an act of sabotage. Norway’s communications regulator Nkom said on Nov. 29 that it will allocate an additional $4.4…

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Ukrainians Say Expecting More Russian Attacks on Energy Grid

November 29, 2022
Atlantic CouncilBusiness & MarketscongresseconomyenergyEuropeGold and CommoditiesInternationalMarketsNational SecurityPoliticsRussiaRussia-Ukraine WarUkraineUSWorld
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At a Nov. 28 event hosted by an influential Washington think tank, Ukrainians described Russian strikes on their energy infrastructure and detailed the resources they say they need to recover, on the heels of billions in U.S. and other aid to the Eastern European country. “He [Vladimir Putin] is sure that this winter is a…

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Ukrainians Expecting More Russian Attacks on Energy Grid

November 29, 2022
Atlantic CouncilBusiness & MarketscongresseconomyenergyEuropeGold and CommoditiesInternationalMarketsNational SecurityPoliticsRussiaRussia-Ukraine WarUkraineUSWorld
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At a Nov. 28 event hosted by an influential Washington think tank, Ukrainians described Russian strikes on their energy infrastructure and detailed the resources they say they need to recover, on the heels of billions in U.S. and other aid to the Eastern European country. “He [Vladimir Putin] is sure that this winter is a…

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Ukrainians Expect More Russian Attacks on Energy Grid

November 29, 2022
Atlantic CouncilBusiness & MarketscongresseconomyenergyEuropeGold and CommoditiesInternationalMarketsNational SecurityPoliticsRussiaRussia-Ukraine WarUkraineUSWorld
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Ukrainian officials described Russian strikes on the nation’s energy infrastructure and detailed the resources they say are needed to recover, on the heels of billions in U.S. and other aid to the Eastern European country, during a Nov. 28 event hosted by an influential Washington-based think tank. “He [Vladimir Putin] is sure that this winter is…

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Ukrainians Expect More Russian Attacks on Grid, Seek Funding for New Equipment

November 29, 2022
Atlantic CouncilBusiness & MarketscongresseconomyenergyEuropeGold and CommoditiesInternationalMarketsNational SecurityPoliticsRussiaRussia-Ukraine WarUkraineUSWorld
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At a Nov. 28 event hosted by an influential Washington think tank, Ukrainians described Russian strikes on their energy infrastructure and detailed the resources they say they need to recover, on the heels of billions in U.S. and other aid to the Eastern European country. “He [Vladimir Putin] is sure that this winter is a…

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Net-Zero Will ‘Crumble’ Without Mining Industry: Australia’s Wealthiest Woman Gina Rinehart

November 28, 2022
AustraliaAustralian mining industryBusiness & MarketsDonald TrumpenergyGina Rinehartgreen energyHancock ProspectinginflationInternationalUSWorld
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Australia’s richest person has warned that net-zero will “crumble to unachievable” without a strong and healthy mining industry. Gina Rinehart, who holds a $34 billion mining-based fortune and has topped the Australian Financial Review Rich List for three consecutive years, said electricity touches “pretty well everything we daily need”, and mining will be essential for making solar…

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US Navy Needs to Help Australia Defend Its Waters: Former Navy Secretary

November 28, 2022
anthony albaneseAUKUSAustraliaaustralian militaryChinaGlobal ExpansionInternationalmilitary capabilityNational Securitynuclear submarinesRichard MarlesRichard SpencerSpecial TopicsUSWorldXi Jinping
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Former U.S. Navy Secretary Richard Spencer said the U.S. Navy should provide more help to defend Australia’s waters until it acquires its own nuclear submarines in response to the rising threat from Beijing. Australia’s Navy is expected to experience a capability gap as the first nuclear submarines under the AUKUS agreement will not be ready…

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U.S. Navy Needs to Help Australia Defend Its Waters: Former Navy Secretary

November 28, 2022
anthony albaneseAUKUSAustraliaaustralian militaryChinaGlobal ExpansionInternationalmilitary capabilityNational Securitynuclear submarinesRichard MarlesRichard SpencerSpecial TopicsUSWorldXi Jinping
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Former U.S. Navy Secretary Richard Spencer said the U.S. Navy should provide more help to defend Australia’s waters until it acquires its own nuclear submarines in response to the rising threat from Beijing. Australia’s Navy is expected to experience a capability gap as the first nuclear submarines under the AUKUS agreement will not be ready…

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Nationals Announce They Will Not Support the Indigenous Voice to Parliament

November 28, 2022
Aboriginal AustraliansAustraliaDavid LittleproudIndigenous Voice to ParliamentInternationalJacinta PriceWorld
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The National party has announced it will not support the federal Labor government’s move to create a constitutionally enshrined Indigenous Voice to Parliament. In Australia, the National Party typically represents regional and rural Australians, including many of the outback Indigenous communities. Speaking at a press conference, National Party leader David Littleproud said that his party…

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