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Geoeconomics

Biden backs suspending patents on Covid vaccines | SOURCE: TELEGRAPH INDIA

The pharmaceutical industry argued that waiving intellectual property rights would not speed up vaccine production, pointing to other barriers like access to raw materials and distribution issues.

The Biden administration came out in support of waiving intellectual property protections for coronavirus vaccines, siding with international efforts to bolster production amid concerns about vaccine access in developing nations. Under President Donald Trump, the United States opposed the effort.

SOURCE: TELEGRAPH INDIA


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Turkish exports to Saudi Arabia near zero after informal boycott | SOURCE: AHVAL NEWS

Turkey’s exports to Saudi Arabia have dropped to almost zero after the Arab kingdom enforced an informal blockade on the goods. Meanwhile, Turkey is seeking to repair relations with Saudi Arabia, marred by a political crisis over the killing of dissident Saudi journalist Jamal Khashoggi and over policy in war-torn Libya, backing different sides in the conflict.

SOURCE: AHVAL NEWS


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U.K. and France Call in the Navy, Sort of, in Channel Islands Fishing Dispute | SOURCE: NEW YORK TIMES

French fishing boats at the entrance to the harbor in St. Helier, Jersey, on Thursday.Credit…Marc Le Cornu, via Reuters

An ugly spat over post-Brexit fishing rights has erupted between Britain and France, as naval ships from both countries converged in the waters off the island of Jersey, where dozens of French fishing boats were threatening to blockade a port. Relations between Britain and France had already soured on a range of issues as Britain and the European Union divorced.

SOURCE: NEW YORK TIMES


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China cuts high level economic dialogue with Australia ‘indefinitely’ | SOURCE: INDEPENDENT

FILE. A Chinese paramilitary police officer gestures and speaks over his two-way radio while standing at the entrance gate of the Australian embassy in Beijing on July 9, 2020. – China has suspended “indefinitely” its key economic dialogue with Australia.
(Photo by NICOLAS ASFOURI/AFP via Getty Images)

China has announced that it is “indefinitely” suspending a key economic dialogue with Australia. Relations have been on the decline since Australia pushed for a World Health Organisation probe into the origins of coronavirus and also banned Chinese smartphone maker Huawei from providing 5G technology for the country’s wireless networks. 

SOURCE: INDEPENDENT


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EU Considers Training Mission To Quell Mozambique Crisis | SOURCE: VON GOV

The European Union will consider sending a civilian training mission to Mozambique to help the government withstand a growing insurgency. Mozambique’s government has been facing an Islamist insurgency since 2017, putting at risk natural gas projects. 

SOURCE: VON GOV


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Washington shared its new North Korea policy review with Tokyo and Seoul | SOURCE: NK NEWS

Image: Antony Blinken Twitter | Blinken at Osan Air Base (file photo)

U.S. Secretary of State Antony Blinken shared the new U.S. North Korea policy review with his South Korean and Japanese counterparts. The three shared concerns about Pyongyang’s nuclear and missile programs and vowed to work together toward denuclearization of the Korean Peninsula. 

SOURCE: NK NEWS


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U.S. General Worried About China’s Efforts to Establish Military Base on Africa’s West Coast | SOURCE: NEWSWEEK

China has approached several countries stretching along Africa’s west coast about establishing a navy facility capable of hosting submarines or aircraft carriers, according to a U.S. General who heads U.S. Africa Command. This news comes after President Joe Biden claims competition with China is a top foreign policy challenge. 

SOURCE: NEWSWEEK


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U.S. Humanitarian Aid and Supplies Help Respond to Insecurity in Mozambique | SOURCE: US DEPARTMENT STATE

The United States is working to increase humanitarian assistance in Mozambique in response to the devastating violence by ISIS-Mozambique in Cabo Delgado province. The United States is the single largest donor of humanitarian assistance in Mozambique. 

SOURCE: US DEPARTMENT STATE


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U.S. stands by Ukraine against ‘reckless’ Russian actions – Blinken | SOURCE: METRO US

U.S. Secretary of State Antony Blinken visits the St. Michael’s Golden-Domed Cathedral in Kyiv

U.S. Secretary of State Antony Blinken said Washington could increase security assistance for Ukraine after what he called Russia’s “reckless and aggressive” actions in massing troops near its border. Washington has been Kyiv’s most powerful backer since Russia annexed Crimea and the conflict between Ukrainian soldiers and Russian-backed separatists began.

SOURCE: METRO US


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U.S. among first foreign countries to join EU defence project, diplomats say | SOURCE: METRO US

FILE PHOTO: Picture showing the room during a meeting of European Union defence ministers at the EU Council in Brussels

The European Union will allow the United States, Norway and Canada to join a project to overcome delays in moving troops across Europe. The decision means NATO members Norway, Canada and the United States also become the first foreign countries to collaborate in the EU’s Permanent Structured Cooperation (PESCO) pact, which aims to deepen defence ties.

SOURCE: METRO US


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