TRUMP VS CHINA
Diwali Patakha from China: The world's fireworks capital is reinventing its centuries-old industry
Liuyang in China's Hunan province is a significant hub for global fireworks production. The county supplies around 60% of the domestic fireworks market and 70% of exports. This industry has evolved to incorporate advanced technology, like digital ignition and AI. Although safety measures have improved since past catastrophic incidents, risks still exist.
North Carolina NC-11 Election 2026: Democrat Jamie Ager faces Republican Jennifer Balkcom in race for US House seat
North Carolina 11th Congressional District election 2026: North Carolina’s 11th Congressional District will see Democrat Jamie Ager face Republican Jennifer Balkcom and Libertarian Travis Groo in the November 3 election. The Republican nomination changed hands after incumbent Chuck Edwards withdrew from the race on August 5, 2026, following a House Ethics Committee recommendation to censure him over allegations of inappropriate behaviour towards female staffers.
Trumpism’s Midterm Crisis: Can MAGA survive the backlash against Trump?
As the US midterm elections approach, they stand as a significant gauge of Donald Trump's impact on Republican candidates. Rising gas prices and economic challenges are at the forefront of voters' minds, shaping their preferences. Those in competitive races are striving to distance themselves from Trump's legacy. On the Democratic side, hopes are high for seat gains, particularly in crucial battleground states like Texas and Kansas.
Brazil Election 2026 results: Flavio Bolsonaro, Luiz Inacio Lula da Silva fail to win Presidential polls, Brazil heads for runoff. Check date, procedure, what will happen now
Brazil Election results: Both Luiz Inacio Lula da Silva and Flavio Bolsonaro will have three weeks to reach moderate voters who did not support them in the first round. Ronaldo Caiado and Renan Santos, two candidates who found moderate support in Sunday’s election, have previously said they will not endorse either bidder in the runoff.
Taiwan bolsters defences against China as first batch of F-16V fighter jets to arrive
Taiwan is set to receive its first two F-16V fighter jets from a delayed US order for 66 aircraft, strengthening its air force amid rising Chinese military pressure. The $8 billion Lockheed Martin deal, approved in 2019, will expand Taiwan’s F-16 fleet beyond 200 jets. Delivery has faced software and other production-related delays, raising concerns over US arms commitments.
‘India’s biotech ecosystem holds tremendous promise’: Eli Lilly CEO
Eli Lilly has experienced significant growth, reaching a market capitalization over $1 trillion. The company aims to maintain its leadership in anti-obesity drugs through ongoing innovation and development. With successful trials for drugs like retatrutide and Foundayo, Lilly is expanding its product offerings. The company recognizes the importance of India as a growing market for healthcare investments and partnerships.
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US Navy sets its eyes on F/A-XX 6th Gen fighter as Boeing wins the award: here’s a look at the other similar jets in the making and which country is ahead; cost, specifications and features
Boeing’s F/A-XX will replace the US Navy’s F/A-18E/F Super Hornets and operate alongside the F-35C. Here’s a look at its expected range, cost and design, and where China’s J-36, GCAP and FCAS stand in the sixth-generation fighter race.

Trump cannot afford to let AI boom fail: 'Big Short' investor Michael Burry explains why
Michael Burry, the investor known as the “Big Short” investor, said the Trump administration cannot afford to let the AI boom falter as AI infrastructure has become a key support for the US economy. Burry, who has warned of excessive AI optimism, questioned how Washington could prevent a potential downturn.

'For the sake of humanity': Tech leaders urge UN to control the AI technology they created
Heads of AI firms, including Anthropic and OpenAI, urged the UN for global regulation on AI technology. They emphasized the risks of uncontrolled AI, highlighting the urgent need for international safeguards. Concerns include the potential for AI to make life-and-death decisions, especially in warfare. Various leaders, including Ukrainian President Volodymyr Zelenskyy, cautioned against the increasing role of autonomous machines.

100% tariffs on India? US House passes bill authorising new duties on Russia oil buyers
The US House of Representatives has passed legislation authorising President Donald Trump to impose tariffs of up to 100% on India, China and other countries buying Russian oil and gas. The bill, which also targets Russia’s leadership, energy sector and shadow fleet, now goes to Trump for his signature.

Huawei unveils new chip technologies as Chinese firm steps up the AI race with Nvidia
Huawei's announcement Thursday at its annual key conference in Shanghai came just days before an expected meeting between U.S. President Donald Trump and Chinese President Xi Jinping in Washington on Sept. 24.

Trump's third term possible? Chinese-Canadian professor Jiang Xueqin’s startling predictions for America’s next 30 years, including a civil war, balkanization and a ‘Christian AI theocracy’
Professor Jiang Xueqin predicts that Donald Trump may secure a third presidential term in the U.S. He warns of possible civil unrest and the disintegration of the nation into smaller factions. Furthermore, he asserts that Austin, Texas, will rise as a significant new hub, redirecting power from the coasts to the heartland, thus indicating a dramatic change in the global landscape.

In a divided America, the left and right unite to oppose artificial intelligence data centers
Rural communities face growing concerns over rapid data center expansion. Farmers and environmentalists unite against potential farmland loss and water depletion. Supporters highlight job creation and technological advancement for the nation. However, opposition is mounting across various states and political divides. Elected officials are adapting to this complex and evolving political landscape.

Five things to know about Anthropic ahead of Wall Street debut
Anthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse SpaceX's record Wall Street debut in June. - Stomaching the losses - According to Bloomberg, Anthropic intends to surpass the record $86.2 billion that Elon Musk's SpaceX raised in its June IPO. SpaceX, which absorbed Musk's AI startup xAI before going public, made its listing a partial AI bet, too.

ET WLF 2026: Boris Johnson says India, US, UK must work together to find a way out of West Asia crisis
Boris Johnson lauded India's strong leadership and predicted an incredible future for the nation. He expressed deep dissatisfaction over the US not consulting the UK on the Iran war. Johnson believes the UK could have prevented the US from entering an obvious trap. He also highlighted progress on the India-UK free trade agreement negotiations. The former Prime Minister preferred American global hegemony over that of China.

Why India should align with China
China leads in electricity generation, surpassing the US. It dominates clean energy and electric vehicle production. Chinese EVs are technologically advanced and cost-effective. China is also ahead in AI development and robotics deployment. The nation excels in drone manufacturing for warfare. India should partner with China to advance its energy, mobility, and AI goals.

Donald Trump's United States vs Russia, China, India, North Korea -- five points that show new Global Order is rising
President Xi Jinping was hosting more than 20 leaders of non-Western countries at a summit in the Chinese port city of Tianjin for the Shanghai Cooperation Organisation.

Trump threatened to bomb the s**t out of Moscow if Putin invaded Ukraine, claims US media citing 2024 audio tape
Donald Trump claimed during a 2024 fundraiser that he warned Vladimir Putin against invading Ukraine. Trump said he threatened to bomb Moscow. He made similar claims about Xi Jinping and Taiwan. Trump stated he told Xi he would bomb Beijing. Trump expressed frustration with Putin at a cabinet meeting. The Trump campaign has not commented on the audio recordings.

Chinese toymaker takes drastic action to survive Trump’s tariffs
Ah Biao, a Chinese toy factory owner, navigated US tariff fluctuations by shifting production to Vietnam and back to China, demonstrating the resilience of Chinese exporters. Despite trade tensions and customer demands for diversification, Ah Biao is expanding into Vietnam to mitigate risks, offering incentives to retain experienced workers.

There are two Chinas, and America must understand both
The American perception of China is divided between two extremes: a global tech and manufacturing powerhouse, and an economy teetering on collapse. Both views reflect real aspects of the country. On one hand, innovative companies like DeepSeek, BYD, and Huawei showcase China's technological prowess. On the other, the nation grapples with weak consumption, high youth unemployment, a housing crisis, and the ongoing impact of the U.S.-China trade war.

Confusion reigns after Trump exempts electronics from new tariff regime. Here's what we know
The Trump administration's handling of tariffs on electronics has created confusion, initially pausing taxes on imported electronics, offering a temporary reprieve. However, sector-specific tariffs targeting electronics are anticipated, raising concerns about increased consumer costs.

US stock market today: Market futures fluctuate - Dow Jones, S&P 500, and Nasdaq futures edge lower as earnings season picks up and trade developments stir market caution
US stock market futures fluctuated after a two-day advance, as traders focused on mixed signals regarding President Donald Trump’s trade policy and corporate earnings. S&P 500 futures were down by 0.2% after a brief 0.4% rise earlier, reflecting continued uncertainty about the administration’s tariff strategy. Meanwhile, in Europe, stocks pushed higher after Trump hinted at a potential pause in auto tariffs. The US stock market faces mixed sentiment, as investors weigh trade developments alongside corporate earnings reports from big banks and tech companies.

China’s sea cargo flow starts to slow after tariffs take effect
Chinese ports experienced a slowdown in cargo processing last week, marking the first decline since the Lunar New Year, with a 10% decrease from the previous week and a 4% drop compared to the same period in 2024.

A devastating trade spat with China shows few signs of abating
The escalating trade war between the U.S. and China, marked by rapidly increasing tariffs, has disrupted global businesses and strained relations. Despite the U.S. administration's desire for direct communication, China remains hesitant, leading to an impasse.

US-China trade war: Beijing sounds 'global recession' alarm, Washington hits back with 'predatory' economy jibe
Trade war between China and the US has escalated after President Donald Trump's tariffs.

China's yuan slips to fresh 3-week low on trade worries
China's yuan reached a three-week low against the dollar amid escalating global trade tensions. U.S. President Trump's increased tariffs on steel and aluminum imports have pressured the yuan and other major currencies. Concerns over potential further tariffs on Chinese goods add to the yuan's struggles.

China's yuan hits 16-month low despite firmer guidance
China's yuan hit a 16-month low against the dollar, pressured by trade concerns, falling yields, and a strong dollar. Despite efforts by the central bank to stabilize the currency, the yuan fell past the 7.3 per dollar mark. Analysts expect further depreciation if President-elect Trump's trade tariffs are implemented. The PBOC is expected to manage the pace of depreciation cautiously.

China trade war is one Trump doesn’t have to fight
Eight years on from the first Trump shock, the global picture is quite different. There’s no longer envy of China, nor the belief in some secret sauce that made its performance superior. America is the contemporary star.
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