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Europe

G7 endorses global infrastructure plan to rival China’s Belt and Road | Source: TRT World

Italian PM Draghi, US President Biden, French President Macron and President European Commission von der Leyen speak, during the G7 Summit, in Cornwall, England, June 11, 2021. 

G7 leaders, who are meeting in England, have adopted a rival plan to oppose China’s Belt and Road Initiative by helping build infrastructure in poorer nations in a “values-driven, high-standard and transparent” partnership. The adoption of the US-inspired “Build Back Better World” (B3W) project came after President Joe Biden and leaders met to address “strategic competition with China “.

Source: TRT World


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North America

Joe Biden Bans Investment in Dozens of Chinese Firms | Source: The Wire

U.S. President Joe Biden delivers remarks on the U.S. economy in the East Room at the White House in Washington, U.S., May 10, 2021.

President Joe Biden signed an executive order that bans US entities from investing in dozens of Chinese companies with alleged ties to defence or surveillance technology sectors, a move his administration says expands the scope of a legally flawed Trump-era order.

Source: The Wire


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Middle East

U.S. Relief Plan for Gaza Seeks to Bypass Hamas | Source: Wall Street Journal

The Biden administration has committed to help rebuild Gaza after the devastation of the recent Mideast conflict, but without providing any support to Hamas, which governs the territory and is considered a terrorist organization by the U.S. and its allies.

Source: Wall Street Journal


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South Asia

Taliban changing strategy to seize chokepoints around major Afghan cities | Source: The New Arab

The Taliban are changing their strategy to seize chokepoints around major Afghan cities – including Kabul – as a prelude to launching attacks, according to the head of Kabul-based think tank. It comes as the US nears the halfway point of a troop withdrawal, ahead of President Biden’s 11 September withdrawal date with fears that the Kabul administration will be unable to survive without international assistance.

Source: The New Arab


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South Asia

US security assistance to Pakistan remains suspended | Source: India Today

US President Joe Biden continues policy on suspending security assistance to Pakistan.

US President Joe Biden has continued his predecessor Donald Trump’s policy on suspending security assistance to Pakistan and there is no clarity if the administration will change its stance in the future, the Pentagon has said. U.S. is not satisfied with Islamabad’s cooperation and role in the fight against terrorism.

Source: India Today


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You Tube

#9| GGN News on Geopolitics and Geoeconomics: Weekly Top 10.(From May 14 to May 20, 2021)

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Asia Pacific

North Korea top priority in first meeting between Biden and South Korean leader | SOURCE: THE HILL

President Biden and South Korean President Moon Jae-in will discuss a diplomatic approach to achieving the denuclearization of North Korea during their face-to-face meeting at the White House. Biden team seeks a middle road compared to the approaches tried during previous administrations, with details expected to be discussed during Moon’s visit.

SOURCE: THE HILL


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Europe

Merkel Says Biden Took Step Closer to Germany on Nord Stream 2 | SOURCE: BLOOMBERG

A construction worker passes between pipework on the European Gas Pipeline Link (EUGAL) Radeland 2 compressor station, which accommodates downstream gas flows from the Nord Stream 2 project, in Radeland, Germany, on Tuesday, Sept. 22, 2020. Nord Stream 2, which is designed to carry as much as 55 billion cubic meters of Gazprom PJSC’s gas to the EU every year, is seen by opponents as the Kremlin tightening its energy grip on the region. Photographer: Krisztian Bocsi/Bloomberg.

German Chancellor Angela Merkel has welcomed the decision by U.S. president Joe Biden to drop most of the sanctions against the disputed Nord stream 2 pipeline project. However, Germany and the U.S. continue to have different views of the disputed project, Merkel made clear.

SOURCE: BLOOMBERG



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Europe

Nord Stream 2 sanctions waivers could aid Russia-U.S. ties, Moscow says | SOURCE: REUTERS

Workers are seen at the construction site of the Nord Stream 2 gas pipeline, near the town of Kingisepp, Leningrad region, Russia, June 5, 2019.

Russian officials said Moscow’s fraught ties with Washington could benefit from the waiving of U.S. sanctions on the company in charge of the Nord Stream 2 pipeline, after a report said the Biden administration was set to lift them. “If the media leaks turn out to be true there will probably be a chance for a gradual transition toward the normalisation of bilateral ties.”

SOURCE: REUTERS


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Middle East

Biden approves $735m arms sale to Israel | SOURCE: MIDDLE EAST MONITOR

Smokes rise after airstrikes by Israeli army hit buildings in Gaza City, Gaza on May 16, 2021.

The Biden administration has approved a $735 million arms sale to Israel amid Tel Aviv’s ongoing offensive on the Gaza Strip.

SOURCE: MIDDLE EAST MONITOR


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