World
China’s Xi calls for oil trade in yuan at Gulf summit in Riyadh
President Xi Jinping told Gulf Arab leaders on Friday that China would work to buy oil and gas in yuan, a move that would support Beijing’s goal to establish its currency internationally and weaken the US dollar’s grip on world trade.
Xi was speaking in Saudi Arabia where Crown Prince Mohammed bin Salman hosted two “milestone” Arab summits with the Chinese leader which showcased the powerful prince’s regional heft as he courts partnerships beyond close historic ties with the West, Reuters reported.
Top oil exporter Saudi Arabia and economic giant China both sent strong messages during Xi’s visit on “non-interference” at a time when Riyadh’s relationship with Washington has been tested over human rights, energy policy and Russia.
Any move by Saudi Arabia to ditch the dollar in its oil trade would be a seismic political move, which Riyadh had previously threatened in the face of possible US legislation exposing OPEC members to antitrust lawsuits.
China’s growing influence in the Gulf has unnerved the United States. Deepening economic ties were touted during Xi’s visit, where he was greeted with pomp and ceremony and on Friday met with Gulf states and attended a wider summit with leaders of Arab League countries spanning the Gulf, Levant and Africa.
At the start of Friday’s talks, Prince Mohammed heralded a “historic new phase of relations with China”, a sharp contrast with the awkward US-Saudi meetings five months ago when President Joe Biden attended a smaller Arab summit in Riyadh.
Asked about his country’s relations with Washington in light of the warmth shown to Xi, Foreign Minister Prince Faisal bin Farhan Al Saud said Saudi Arabia would continue to work with all its partners. “We don’t see this as a zero sum game,” he said.
“We do not believe in polarization or in choosing between sides,” the prince told a news conference after the talks.
Though Saudi Arabia and China signed several strategic and economic partnership deals, analysts said relations would remain anchored mostly by energy interests, though Chinese firms have made forays into technology and infrastructure sectors.
“Energy concerns will remain front and centre of relations,” Robert Mogielnicki, senior resident scholar at the Arab Gulf States Institute in Washington, said.
“The Chinese and Saudi governments will also be looking to support their national champions and other private sector actors to move forward with trade and investment deals. There will be more cooperation on the tech side of things too, prompting familiar concerns from Washington.”
World
Trump says United States will get uranium from Iran
One of Trump’s central objectives in launching military strikes against Iran was to ensure Tehran does not develop a nuclear weapon.
President Donald Trump said on Wednesday the United States would get enriched uranium from Iran, as the two countries struggle to reach an agreement on ending the Gulf war, Reuters reported.
“We’re going to get it,” Trump told a reporter as he left a White House event.
One of Trump’s central objectives in launching military strikes against Iran was to ensure Tehran does not develop a nuclear weapon. Iran has yet to hand over more than 900 pounds (408 kg) of highly enriched uranium.
World
Trump says Iran “should wave the white flag of surrender”
When asked what Iran would need to do to violate the ceasefire, Trump said: “Well, you’ll find out, because I’ll let you know … They know what not to do.”
President Donald Trump on Tuesday dismissed Iran’s military capability and said Tehran “should wave the white flag of surrender” but is too proud to do so, Reuters reported.
Trump told reporters in the Oval Office that Iran’s military has been reduced to firing “peashooters” and that Tehran privately wants to make a deal despite its public sabre-rattling.
“They play games, but let me just tell you, they want to make a deal. And who wouldn’t, when your military is totally gone?” he said.
Trump heaped praise on the U.S. blockade of Iranian ports in the region. “It’s like a piece of steel. Nobody’s going to challenge the blockade. And I think it’s working out very well,” he said, read the report.
When asked what Iran would need to do to violate the ceasefire, Trump said: “Well, you’ll find out, because I’ll let you know … They know what not to do.”
Trump said Iran “should save the white flag of surrender.”
“If this were a fight, they’d stop it,” said Trump.
World
Secret Service says it exchanged gunfire with armed suspect near White House
The suspect was not on the White House property, Quinn said.
The U.S. Secret Service said on Monday its officers confronted an armed and “suspicious individual” near the White House who later fired at them before fleeing on foot and being shot by law enforcement, Reuters reported.
The incident led to a brief lockdown at the White House.
Agents patrolling the outer perimeter of the White House complex identified a person who Secret Service Deputy Director Matthew Quinn said was a “suspicious individual that appeared to have a firearm.”
He briefly fled on foot after being approached by Secret Service officers and fired in their direction, Quinn said at a press conference.
Secret Service then fired at the suspect who was hit and subsequently hospitalized, Quinn added.
Vice President JD Vance’s motorcade transited through the area “not long before” the incident, Quinn said. There was no indication that the suspect intended to approach Vance’s motorcade, the Secret Service deputy director said.
A juvenile bystander was hit by the suspect but did not receive any life-threatening injuries and was being treated at a hospital, Quinn added.
Agents observed “visual print of a firearm” in considering the individual’s behavior as suspicious when he was spotted, Quinn told reporters.
The suspect was not on the White House property, Quinn said.
Law enforcement have been on alert in recent days in the U.S. capital following a shooting at the White House Correspondents’ Association Dinner late last month over which a man has been arrested, read the report.
Quinn was asked if Monday’s incident was linked to “other recent attempts” on President Donald Trump’s life. Trump was in the White House when this incident unfolded.
“Whether or not it was directed to the president or not, I don’t know but we will find out,” Quinn said.
The Secret Service deputy director confirmed that a weapon was recovered from the suspect but did not elaborate.
The Secret Service said earlier its personnel were on the scene of the officer-involved shooting at 15th Street and Independence Avenue in Washington, D.C.
The DC Police Department was handling the probe.
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