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Emmanuel Macron visits China to discuss Ukraine and trade

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The leader is keen to persuade Xi Jinping to use his influence over Russia to end the conflict in Ukraine

 
Emmanuel Macron is the latest European leader to make the trip to China following on from Spain’s Pedro Sanchez who visited last week.

As well as re-engaging with China following years of isolation during the pandemic – these leaders are keen to try and persuade President Xi to use his influence over Russia to try and bring an end to the conflict in Ukraine.

But there’s little optimism that these diplomatic efforts will succeed, with China so far showing little willingness to get both Ukraine and Russia around the negotiating table.

As well as the conflict in Ukraine – President Macron is keen to talk trade. He’s brought along a large delegation of business leaders from France, representing major companies such as Airbus and EDF.

France, like many other European nations, see China as a vital partner for trade and investment and they will be keen to improve economic links following the pandemic.

President Macron is being joined on this trip by the EU Commission President Ursula Von Der Leyen. She has been critical of China in recent weeks, pointing to their refusal to condemn Russia’s invasion of Ukraine and talking up the risks of doing trade with China.

And as ever with a European leaders visit to China, human rights concerns will likely be on the agenda. French officials claim that president Macron will raise a number of issues, including the treatment of Uyghurs and other minorities.

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Rate cuts ahead? US stocks bounce as inflation cools

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Investor sentiment is improving as fresh data out of the US and Australia shifts expectations for central bank action.

Stronger-than-expected labour market figures in Australia have raised questions about whether the Reserve Bank will move ahead with a rate cut next week. While the RBA has signalled it is watching data closely, the resilience in employment may force a delay.

Meanwhile, in the US, softer inflation data has lifted hopes that the Federal Reserve could cut rates later this year. That news helped spark a sharp turnaround in US equities, with the so-called “sell America” trade now unwinding as buyers return to Wall Street.

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Trump’s $600B Middle East Deal: What It Means for Global Stability

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President Donald Trump’s four-day Middle East tour during his second term has sparked global attention, locking in a monumental $600 billion investment from Saudi Arabia. From AI to defence, space to energy—this economic pact is reshaping U.S. foreign policy.

In an unprecedented move, Trump also lifted long-standing U.S. sanctions on Syria after meeting its new president, raising eyebrows among traditional allies.

Ticker News anchor Veronica Dudo speaks with Erbil “Bill” Gunasti, former Turkish PM Press Officer and Republican strategist, to break down the implications for national security, global diplomacy, and the path to peace in Ukraine.

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Trump’s AI deals raise concerns over China ties

Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

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Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

In Short:
Trump’s AI deals with Saudi Arabia and the UAE are causing internal conflicts in his administration over US national security. Officials are concerned that American technology supplied to the Gulf could ultimately benefit China, leading to calls for enhanced legal protections.

President Donald Trump’s recent AI deals in Saudi Arabia and the UAE are causing internal conflicts within his administration.

Concerns are rising among officials, particularly China hawks, about the implications for US national security and economic interests.

Agreements include shipments of vast quantities of semiconductors from Nvidia and AMD to the Gulf states, prompting fears that American technology could ultimately benefit China, given the region’s ties with Beijing.

While the accords include clauses to limit Chinese access to the chips, some officials argue that further legal protections are necessary.

Critics, including Vice President JD Vance, have suggested that maintaining US dominance in AI is crucial, and shipping chips abroad might undermine that goal.

Supporters of the deals, including AI Adviser David Sacks, argue the need for American technology in the Gulf to deter reliance on Chinese alternatives.

Despite this, internal discussions are underway to potentially slow down or reassess the agreements due to ongoing national security concerns.

Conversations have also included proposals for a significant chip manufacturing facility in the UAE, which many officials deem risky due to China’s influence.

Additionally, worries persist about G42, an AI firm in Abu Dhabi, which has historical ties to Huawei.

The agreements with Gulf countries promise to enhance their technological capabilities while necessitating careful oversight to address US security priorities.

 

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