China’s eyes on rare earths treasure uncovered in Tanzania 

China’s eyes on rare earths treasure uncovered in Tanzania 

(ATF) China’s rare earths operators are watching developments in Tanzania carefully as new opportunities arise in the East African country. According to China’s Ministry of Natural Resources and MiningWeekly, there’s particular interest in the Nguala Rare Earths mine run by Peak Resources, an Australian rare earths mining company listed on …

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China faces uphill climate battle as Kerry arrives for talks

China faces uphill climate battle as Kerry arrives for talks

(ATF) China needs to halve carbon dioxide emissions from its coal-fired power plants by the end of the decade if it is to remain on course to become carbon neutral by 2060, according to research published on Thursday, a goal set as US envoy John Kerry visits China for climate …

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Suez Canal chiefs’ $916m damages claim could run aground too 

Suez Canal chiefs’ $916m damages claim could run aground too 

The Suez Canal Authority has been come under fire for its “unsupported” $916 million compensation claim against the Japanese owners of the ship that brought global container traffic to a halt last month. International supply chains were thrown into disarray when the 400-metre Ever Given ran aground in the canal …

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Biden vows action on semiconductor shortage, citing China threat

Biden vows action on semiconductor shortage, citing China threat

(ATF) US President Joe Biden convened a meeting of top chief executives on Monday to discuss the global semiconductor shortage, as analysts warned the chip squeeze would get worse. Biden, addressing the leaders of General Motors (GM), Google and Intel among others, said the US must build up its own …

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China no longer the US’ top trading partner

China no longer the US’ top trading partner

(ATF) China has lost its spot as the US’ biggest international trading partner to Mexico, which toppled the world’s second-largest economy from a position it had held since May. Luce Maria de la Mora, Mexico’s Deputy Minister of Foreign Trade at the Ministry of Economic Affairs, said two-way trade between …

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Five ways Biden could crack down on dirty money and financial secrecy

Five ways Biden could crack down on dirty money and financial secrecy

Early rhetoric from the Biden administration has encouraged anti-corruption advocates that the new president’s tenure in the White House may mark a turning point in the fight against dirty money and tax haven abuse — two overlapping problems made worse by a veil of secrecy that shields vast sums of …

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HSBC reaches deal with Huawei's Meng over dispute

HSBC reaches deal with Huawei's Meng over dispute

(ATF) HSBC and Huawei Technologies' chief financial officer Meng Wanzhou have reached an agreement in a dispute about the publication of documents relating to US fraud allegations against her, their lawyers told a Hong Kong court. The legal dispute reached the Hong Kong court last month after a British judge …

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