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Washington hails 'substantive progress' after trade talks with China
Washington hails 'substantive progress' after trade talks with China
by  AFP

Washington expressed optimism at the end of a weekend of trade talks with China aimed to de-escalate trade tensions sparked by President Donald Trump's aggressive tariff rollout. Bessent underlined a focus on "de-escalation" and not a "big trade deal", while Beijing insisted that the United States had to ease tariffs first.

Scottish refinery closure spells trouble for green transition
Scottish refinery closure spells trouble for green transition
by  AFP

Andrew Petersen is a third-generation oil refinery worker from a small, industrial Scottish town. He argued that the UK and devolved Scottish governments needed to do more to bridge the gap between shuttering polluting industries and the transition to greener energy -- which will accelerate closer to Britain's 2050 net zero target.

With papacy, Leo XIV inherits Vatican money troubles
With papacy, Leo XIV inherits Vatican money troubles
by  AFP

Along with the spiritual leadership of the world's 1.4 billion Catholics, Pope Leo XIV now inherits oversight of the Vatican's shoddy finances -- and his predecessor's efforts to clean them up.

'Pragmatic' approach could reap 'ambitious' UK-EU deal: Starmer
'Pragmatic' approach could reap 'ambitious' UK-EU deal: Starmer
by  AFP

A "pragmatic" approach to talks on food standards, youth mobility and European courts could yield an "ambitious" post-Brexit deal between the EU and UK, Prime Minister Keir Starmer said in an interview published Saturday by The Guardian newspaper.

China's consumption slide deepens as tariff war bites
China's consumption slide deepens as tariff war bites
by  AFP

China said Saturday that consumer prices slumped in April for the third straight month, reflecting persistent challenges as leaders attempt to revive an economy stymied by sluggish spending and a fierce trade war with Washington.