Trump, Xi might meet ahead of or during October APEC summit in South Korea: sources
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Macron says France will recognise State of Palestine
Macron says France will recognise State of Palestine Emmanuel Macron said he intended to make the announcement at the UN General Assembly in September. Photo: Reuters French President Emmanuel Macron said on Thursday his country would formally recognise a Palestinian state during a United Nations meeting in September, the most powerful European nation to announce such a move. At least 142 countries now recognise or plan to recognise Palestinian statehood, though Israel and the United States strongly oppose the move. Several countries have announced plans to recognise statehood for the Palestinians since Israel launched a bombardment of Gaza in 2023 in response to the October 7 attacks. Macron's announcement drew immediate anger from Israel, with Prime Minister Benjamin Netanyahu saying it "rewards terror" and poses an existential threat to Israel. Netanyahu said in a statement that the move "risks creating another Iranian proxy, just as Gaza became," which would be "a launch pad to annihilate Israel – not to live in peace beside it". Senior Palestinian Authority official Hussein al-Sheikh welcomed the move, saying it "reflects France's commitment to international law and its support for the Palestinian people's rights to self-determination and the establishment of our independent state". (AFP)
South China Morning Post
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China, EU must show mutual respect in more complicated world
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an hour ago
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Trump, Fed chief Powell bicker during tense visit
Trump, Fed chief Powell bicker during tense visit The tension between US President Donald Trump and Federal Reserve Chair Jerome Powell was almost palpable. Photo: Reuters Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the US president toured the central bank after ramping up his attacks on its management of the economy. Trump – who wants to oust Powell for refusing to lower interest rates but likely lacks the legal authority to do so – has threatened to fire the Fed chief over cost overruns for a renovation of its Washington headquarters. During a brief but awkward exchange in front of reporters during a tour of the building, the pair bickered over the price tag for the makeover, which Trump said was US$3.1 billion. The actual cost of the facelift has been put at US$2.5 billion, and Powell was quick to correct the president, telling him: "I haven't heard that from anybody." Trump produced a sheet of paper apparently listing construction costs and was told curtly that he was including work on the William McChesney Martin Jr Building, which was not part of the project. "You're including the Martin renovation – you just added in a third building," Powell scolded. Trump stuck to his guns, saying it was part of the overall redevelopment. Powell shot back: "No, it was built five years ago. We finished Martin five years ago... It's not new." Trump moved on, but the tense atmosphere between the pair was almost palpable, with the Republican leader unaccustomed to being contradicted live on air. The tour came with Trump desperate to shift the focus away from the crisis engulfing his administration over its decision to close the file on multi-millionaire sex offender Jeffrey Epstein, who died in 2019 while awaiting trial on trafficking charges. (AFP)
