'A great tribute': Trump touts 'record' fundraising from National Republican Congressional Committee
At the world’s largest wholesale market, vendors have reduced their exposure to the US but fear the repercussions of a global economic shock
If you have ever bought a Christmas decoration, a button, an electric shaver or any other cheap manufactured product, there is a good chance it came from Yiwu, a city in east China’s Zhejiang province that is home to the world’s largest wholesale market.
Covering more than 4m square metres, tens of thousands of suppliers have booths in Yiwu International Trade City. As the US and China exchange increasingly hysterical rhetoric and threaten ever-higher tariffs, it is vendors at places like Yiwu who are at the frontline of the new trade war.
Continue reading...© Photograph: Alex Plavevski/EPA
© Photograph: Alex Plavevski/EPA
Surangel Whipps Jr says he would be ‘deeply disappointed’ if attempt were abandoned under Coalition
The president of Palau has strongly backed an Australian bid to host a UN climate conference on behalf of the Pacific, arguing that it would boost regional solidarity and clean energy investment and he would be “deeply disappointed” if the attempt were abandoned under the Coalition.
Speaking in Sydney, Surangel Whipps Jr stressed he did not want to offer a view on the Australian election but said leaders should heed the results of a Lowy Institute survey that suggested 70% of the population supported Labor’s proposal for the country hosting the Cop31 climate summit late next year.
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Continue reading...© Photograph: Matthew Abbott/The Guardian
© Photograph: Matthew Abbott/The Guardian
Tests ahead of Sunday’s race revealed E coli levels three times above the threshold for poor bathing water
Water quality along the stretch of the River Thames which will host the iconic Oxford v Cambridge Boat Race has been classified as poor by clean water campaigners, as a result of E coli from sewage pollution.
Testing carried out along the four-mile route, which the university rowing teams will tackle on Sunday, has revealed E coli levels which are three times above the threshold for poor bathing water status.
Continue reading...© Photograph: Zac Goodwin/PA
© Photograph: Zac Goodwin/PA
Declan Rice could barely contain his delight after two stunning free‑kicks from the England midfielder gave Arsenal a famous victory against Real Madrid that leaves Mikel Arteta’s side within touching distance of reaching the Champions League semi-finals for the first time since 2009.
Mikel Merino ensured Arsenal will head to the Spanish capital for the second leg next Wednesday with a commanding 3-0 advantage over the champions after a whirlwind second half.
Continue reading...© Photograph: Tom Jenkins/The Guardian
© Photograph: Tom Jenkins/The Guardian
A swift loss of £4tn from global stock markets has led some to liken Trump’s trade war to 1929 Wall Street crash
Donald Trump’s escalating trade war has plunged global financial markets into the steepest rout since the spread of the Covid pandemic five years ago.
Drawing parallels with the 1929 Wall Street crash and the ensuing 1930s Great Depression, the US president’s “liberation day” tariff plan has led to warnings of a global recession from leading economists.
Continue reading...© Photograph: Justin Lane/EPA
© Photograph: Justin Lane/EPA
© Doug Mills/The New York Times