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Climate action disagreements will endure at COP29
Azerbaijan is hosting this year’s COP29; its president has opened with an attack on foreign governments
InternationalTrump election threatens South Korea’s chips industry
To mitigate risks from Trump’s potential trade tariffs, South Korea proposes a new bill to strengthen its chips sector
South KoreaUS tariffs will reduce world trade, especially in 2026
The Republican campaign vow to charge tariffs on all US imports raises the prospect of markedly higher tariffs globally
InternationalChina will continue to advance its military AI
Despite US technology export restrictions, China has enhanced its military AI capabilities
ChinaTrump seems unlikely to prioritise Fed change in 2025
The Fed cut interest rates as expected yesterday and refused to speculate on implications of the election outcome
United StatesChina stimulus disappoints on consumption and housing
The expected CNY10tn local government debt boost was announced but there was no private spending or property stimulus
ChinaFinancing may hinder COP16 goals globally
The COP16 biodiversity summit saw progress in numerous areas, but related financial commitments fall short
InternationalThe United Kingdom seeks to lead in global AI safety
The UK government has unveiled a new AI safety platform and committed to introducing comprehensive AI legislation
United Kingdom
