China
Zelenskyy asked Trump to encourage Xi Jinping to appeal to Putin in order to end the war. Trump and Xi will meet on September 24.
Ukraine proposed an energy truce and called for China to be involved in pressuring Russia. Zelenskyy is also asking for Patriot missiles and a trilateral meeting.
The East-West oil pipeline was restarted at low capacity after three pumping stations were damaged. Full restoration will take up to 8 weeks.
France and the US are drafting a UN resolution on an international mission to restore shipping in the Strait of Hormuz. Paris is seeking a compromise with China and Russia.
China may demand an end to new and already ordered arms deliveries to Taiwan. Xi Jinping and Trump's talks will take place in Washington.
The war has created demand for thousands of engines for missiles and drones. Fire Point is testing its own engine for Flamingo and plans mass production.
Twenty countries and the EU called for coordinating AI standards and oversight. The United States and China did not sign the declaration.
Putin is likely to attend the APEC summit in Shenzhen on November 18–19. His participation in the G20 in Florida together with Trump is unlikely.
The United States and China have made progress in trade talks and agreed to a separate dialogue on AI. An extension of the truce for 3–6 months has not yet been agreed.
After three rounds of voting, no favorite has emerged in the UN secretary-general election. New contenders mentioned include Nusseibeh, Kaag, Tokayev and Orbán.
Porsche lost ground in China and suffered losses due to the transition to electric vehicles. Volkswagen wrote down €6 billion of the value of its stake in the brand.
Pakistani fighter jets struck suspected militant hideouts in eastern Afghanistan. Kabul reported at least three deaths.
Brent fell to $101. 75, while WTI dropped to $98.34 per barrel. Investors are expecting diplomatic progress between the United States and Iran.
Hryhorii Ilchуshyn and Yaroslav Tkach won the speed relay in Chongqing. The Ukrainians set a European record of 10.03 seconds.
Global government debt has reached a record high and will exceed 100% of global GDP by 2029. The IMF has urged governments to reduce deficits.
In New York, the US and China are discussing trade, investment, AI, and Iran. The talks are intended to preserve the fragile trade truce.
A shipment of F-35 parts bound from Australia to the US was diverted to Hong Kong. The Pentagon confirmed that the components had gone missing and launched an investigation.
Donald Trump will personally meet Xi Jinping at Joint Base Andrews on September 23. The following day, the leaders will hold talks and a state dinner.
The US prepared to intercept a Chinese vessel based on a false report about a nuclear cargo. The AI error was discovered before the operation began.
The price of Russian ESPO rose above $120 due to demand from Chinese refineries and disruptions in the Middle East. The premium over Brent reached $20–30.
Zelenskyy said that China has influence over Russia but is not pressuring it for the sake of peace. According to him, Beijing is politically closer to Russia.
Russia and China vetoed the extension of the mandate of UN independent experts on sanctions against Iran. Eleven countries supported the resolution.
Wang Yi and Marco Rubio discussed preparations for contacts at the highest level ahead of the expected meeting between Xi Jinping and Donald Trump. The sides also discussed the situation in the Middle East.
Brussels called on Beijing to voluntarily limit hybrid exports to 15% of the EU market. Otherwise, the bloc may introduce its own restrictions.
India said it would not give up Russian oil for the sake of energy security. Refiners are asking the United States to ease the restrictions.
Singapore has launched a rewards program for daily reading to combat doomscrolling. After 50 sessions, participants will receive 1 Singapore dollar.
In August, Ukrainians purchased 1,075 Chinese cars, 57% of them electric vehicles. Sales fell by 56% year-on-year.
The U. S. House of Representatives approved the bill by 262 votes. The document provides for sanctions and tariffs against Russia and its allies.
The US transferred $725 million to the UN’s regular budget and $102 million for peacekeeping operations. Washington no longer faces the threat of losing its voting rights.
The three countries fear that EU rules for electric vehicles will constrain their automakers. Turkey warns of risks to EU industry.