Tag: El Salvador
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Rubio in Costa Rica as He Seeks to Curb China Influence
U.S. Secretary of State Marco Rubio arrived Tuesday in Costa Rica as he presses to curb Chinese influence in Latin America on his first foreign trip. Rubio, a longtime hawk on China, began his trip in Panama, where he reported headway ...
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WEEK IN REVIEW: Russia Building New Trade Routes to Asia to Circumvent International Sanctions
Russia is building new trade routes to Asia that will circumvent international sanctions by crossing the Arctic and passing through Iran to the Indian Ocean. The new routes will cut transport times to China and India by up to 50% while avoiding dangerous passages like the Red Sea.
China-Backed AIIB Admits Three New Members, Announces New Climate Finance Initiative
The Chinese-initiated Asian Infrastructure Investment Bank wrapped up its two-day annual meeting in the Egyptian resort city of Sharm El Sheikh on Tuesday and announced that three new members, all non-Asian, would be admitted to the bank. With the addition of ...
WEEK IN REVIEW: The G77 Bloc of Countries Together With China To Propose a New “Loss and Damage” Fund at the COP27 Summit
The G77 bloc of countries together with China is reportedly going to propose a new "loss and damage" fund at the COP27 summit to provide finance to poor countries impacted by climate disasters. The fund appears to be a repackaged version of the failed "climate adaptation fund" that wealthy ...
WEEK IN REVIEW: Chinese President Xi Jinping and U.S. President Joe Biden to Attend Next Week’s G20 Summit in Bali
Indonesian President Joko Widodo confirmed that both Chinese President Xi Jinping and U.S. President Joe Biden will attend next week's G20 summit in Bali but said it's still not certain if Russian leader Vladimir Putin will be there. President Xi will spend much of next week traveling in ...
