News
Pacific Islands say no to Chinese regional security deal
China has been unable to make an agreement with 10 island nations over sweeping trade and security deals
China’s Foreign Minister Wang Yi is urging the Pacific region not to be “too anxious” about his country’s aims, despite widespread international concern.
Wang hosted the meeting with foreign ministers from Pacific island nations with diplomatic ties with China midway through a diplomatic tour of the region.
A draft communique and five-year action plan sent by China to the invited nations ahead of the meeting focused on regional trade and security.
No consensus
But the draft communique prompted opposition from at least one of the invited nations.
Wang says the nations have agreed on five areas of cooperation, but further discussions will be needed.
“China will release its own position paper on our own positions and propositions and cooperation proposals with Pacific island countries, and going forward we will continue to have ongoing and in-depth discussions and consultations to shape more consensus on cooperation,” he told reporters in Fiji.
“Don’t be too anxious and don’t be too nervous, because the common development and prosperity of China and all the other developing countries would only mean great harmony, greater justice and greater progress of the whole world,” he said.
There has been agreement on economic recovery and new centres for agriculture and disaster, but not security.
In a written address to the meeting, China’s President Xi Jinping said China will always be a good friend of Pacific Island countries no matter how the international situation changes.
Wang will travel to the South Pacific kingdom of Tonga for a two-day visit on Tuesday.
News
Could Trump’s Middle East peace deal reshape the global economy?
Trump’s ceasefire deal between Israel and Hamas may reshape global markets and trigger new economic dynamics.
Trump’s ceasefire deal between Israel and Hamas may reshape global markets and trigger new economic dynamics.
Donald Trump’s latest diplomatic breakthrough — a ceasefire and potential peace deal between Israel and Hamas — could have ripple effects far beyond the Middle East. The former U.S. president is eyeing economic reconstruction opportunities in the region, with energy, infrastructure, and trade set to benefit if stability holds.
Experts say the deal could also influence global oil prices, energy markets, and investment flows, as renewed peace opens the door to new development projects. But it could also trigger volatility if negotiations falter or regional rivalries reignite.
As Trump prepares for further talks with China on trade and critical minerals, economists are watching closely. Could this mark the beginning of a new era of economic détente — or the start of another global power struggle centred around strategic resources?
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
News
Ceasefire holds as families return to Gaza
Thousands of Palestinians return amid fragile ceasefire, as Egypt hosts talks for lasting peace amidst immense destruction.
Thousands of Palestinians return amid fragile ceasefire, as Egypt hosts talks for lasting peace amidst immense destruction.
Thousands of Palestinians are returning home under a fragile ceasefire, as leaders gather in Egypt to discuss lasting peace.
The destruction is immense, but hopes for stability are rising.
#Gaza #Ceasefire #MiddleEast #PeaceTalks #IsraelHamas #tickernews
News
Australia rushes to finalise billion-dollar minerals deal with the U.S.
Australia seeks a $1.2 billion minerals deal with the U.S. to reduce reliance on China ahead of Albanese-Trump talks.
Australia seeks a $1.2 billion minerals deal with the U.S. to reduce reliance on China ahead of Albanese-Trump talks.
Australia is racing to secure a landmark critical minerals deal with the United States ahead of Prime Minister Anthony Albanese’s upcoming meeting with President Donald Trump. The agreement, worth an estimated $1.2 billion, aims to strengthen supply chains and reduce both nations’ reliance on China’s mineral dominance.
The deal would see Australia establish a strategic reserve of rare earths, backed by U.S. investment and government funding. Australian miners are being consulted on potential price floors and financing models that could redefine the future of the country’s resources sector.
However, questions remain over the economic risks. Analysts warn that introducing price controls and heavy government intervention could have unintended consequences, especially if China retaliates with tariffs or production cuts. The deal could reshape global competition for critical minerals essential to defence, energy, and technology industries.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
-
Tech1 day agoSpaceX satellites’ reentries raise atmospheric damage concerns
-
Money16 hours ago
Bitcoin declines to $104,782 amid trade tensions
-
Tech2 days ago
SpaceX to launch final Block 2 Starship soon
-
Ticker Views2 days ago
How do Triple Zero calls actually work? A telecommunications expert explains
-
Tech3 days ago
Hollywood agencies criticise OpenAI’s Sora for exploitation
-
News16 hours ago
China defends rare earth export curbs amid U.S. tensions
-
Money3 days ago
Gold and silver prices drop after Gaza ceasefire
-
Money4 days ago
North Korean hackers steal $2 billion in crypto
