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Lula criticizes Trump’s “Peace Council,” warns against a “New UN” under US control

Brazilian President Luiz Inácio Lula da Silva on Friday accused former US President Donald Trump of seeking to position himself as the dominant leader of a “new United Nations” through the creation of a so-called Peace Council. Speaking at an event organized by Brazil’s Landless Workers’ Movement in Salvador,......

Greenland mine uncovers rare earths hit by China's export bans

A Canadian mining firm has made a significant find in Greenland's remote interior, detecting rare earth elements in samples from its established molybdenum deposit. Greenland Resources Inc., listed on the Toronto Stock Exchange, re-examined archived drill cores from the Malmbjerg project in east-central Greenland. The analysis revealed......

China investigates two top generals in major military purge

China's state media confirmed on January 24, 2026, the launch of probes into two of its highest-ranking military officials for serious disciplinary and legal violations, marking the most significant high-level purge in decades. Zhang Youxia, vice chairman of the Central Military Commission and a Politburo member, along with Liu Zhenli,......

Solar stocks surge worldwide amid tax credit rush and Musk's space solar vision

Global solar energy stocks skyrocketed on January 22 and 23, 2026, fueled by developers racing to secure U.S. tax credits before looming deadlines and Elon Musk's announcement at the World Economic Forum in Davos about SpaceX launching AI-powered satellites fueled by space-based solar energy in the coming years. The Invesco Solar ETF......

China and Brazil back UN amid Trump's peace council launch

President Donald Trump unveiled his Peace Council at a signing ceremony during the World Economic Forum in Davos, Switzerland, on Thursday, drawing swift backlash from major powers wary that the move could undermine or sideline the United Nations. Nineteen nations inked the founding charter, including Saudi Arabia, the United Arab Emirates,......

United States formally exits World Health Organization

The United States has officially withdrawn from the World Health Organization, marking the end of a 78-year partnership that provided the agency with roughly 15 to 18 percent of its funding through substantial voluntary contributions ranging from $160 million to $800 million annually. President Donald Trump initiated this process with an executive......

Silver surges to record highs amid China's export curbs

Silver prices have shattered historical records in early 2026, soaring past $90 per ounce for the first time ever. This unprecedented rally stems from persistent supply shortages, fresh Chinese export restrictions, and a rush of safe-haven buying, creating what experts describe as the most intense pressure on the metal in modern times. Spot......

China sets yuan below 7 per dollar for first time since 2023

Asian currencies showed mixed performance on January 23 as the dollar headed for its sharpest weekly drop in months, with gains in China's yuan and Malaysia's ringgit offsetting fresh record lows for India's and Indonesia's rupees. The dollar index hovered near 98.3 and faced a roughly 1 percent weekly loss, its worst since......

US control of Venezuelan oil jeopardizes debt repayments to China

The United States' seizure of Venezuelan oil exports has stranded shipments intended to settle the South American nation's substantial debt to China, setting the stage for a potential showdown between the two global powers. This move threatens to further delay Venezuela's efforts to emerge from default, as roughly one-tenth of......

Japan's first female PM dissolves parliament for snap election

Japan's Prime Minister Sanae Takaichi has formally dissolved the lower house of parliament, setting the stage for a snap general election on February 8. The move, announced amid cheers of "banzai" from lawmakers, initiates a brisk 12-day campaign period starting Tuesday. As the nation's inaugural female leader, Takaichi,......

Russia and China criticize NATO's emerging Greenland framework

President Donald Trump this week dropped threats of forceful acquisition of Greenland, prompting sharply contrasting responses from Russia and China to a new NATO Arctic framework. Moscow displayed a mix of glee and strategic concern, while Beijing dismissed claims portraying it as a threat to the Danish territory. The Trump administration......

China says the UK has a duty to approve its new embassy project in london

China stated on Wednesday that the United Kingdom has a legal and diplomatic obligation to approve the construction of a new Chinese embassy in London, following the British government’s recent authorization of the long-delayed project. Speaking at a regular press briefing, a spokesperson for China’s Ministry of Foreign Affairs......

Eric Schmidt warns Europe about falling behind in the global AI race

At the World Economic Forum’s annual meeting in Davos, starkly different visions for the future of artificial intelligence collided, as former Google chief executive Eric Schmidt cautioned that Europe risks becoming dependent on Chinese AI systems unless it rapidly scales up investment in its own open source capabilities. Speaking at......

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