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Welcome to the age of ‘geoeconomics'

Welcome to the age of ‘geoeconomics'

Times9 hours ago
A s Europe prepares to watch from the sidelines while the United States and Russia negotiate the future of Ukraine in Alaska, references to geopolitics are, once again, everywhere. The 'geo' buzz has been upon us for a while. According to almost every commentator, we live in the age of 'geoeconomics'. And yet, when real-world great power competition comes knocking, analysts struggle to make sense of it.
Nowhere has this been more apparent than in reactions to the recent EU-US trade deal. Commentators have labelled it a humiliating and economically unnecessary climbdown, while berating European negotiators for their lack of strategy. The UK, which struck a deal limiting most tariffs to 10 per cent rather than the EU's 15 per cent, is seen as having achieved a better result.
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Ukraine war briefing: Putin says US making ‘sincere efforts' to end war as Russian troops make gains
Ukraine war briefing: Putin says US making ‘sincere efforts' to end war as Russian troops make gains

The Guardian

time8 minutes ago

  • The Guardian

Ukraine war briefing: Putin says US making ‘sincere efforts' to end war as Russian troops make gains

Russian President Vladimir Putin said on Thursday that the US was making 'sincere efforts' to halt the war in Ukraine and suggested Moscow and Washington could agree a nuclear arms deal as part of a wider effort to strengthen peace during his meeting with Donald Trump in Alaska on Friday. Speaking to his most senior ministers and security officials in televised comments he said that the US was 'making, in my opinion, quite energetic and sincere efforts to stop the hostilities, stop the crisis and reach agreements that are of interest to all parties involved in this conflict'. Kremlin spokesperson Dmitry Peskov however warned that it would be a big mistake to predict the outcome of the upcoming summit, the Interfax news agency reported. Peskov said there were no plans to sign any documents after the summit in the Alaska city of Anchorage, Interfax said. Trump said he believed Putin was ready to make a deal on Ukraine, but his suggestion the Russian leader and Ukraine President Volodymyr Zelenskyy could 'divvy things up' was likely to have caused alarm some in Kyiv. The US president implied there was a 75% chance of the Alaska meeting succeeding, and that the threat of economic sanctions may have made Putin more willing to seek an end to the war. Trump insisted that he would not let Putin get the better of him in Friday's meeting, telling reporters: 'I am president, and he's not going to mess around with me. 'I'll know within the first two minutes, three minutes, four minutes or five minutes … whether or not we're going to have a good meeting or a bad meeting. The Russian president will set out to woo his US counterpart and dangle financial incentives for siding with Moscow over Ukraine at their summit on Friday, Pjotr Sauer reports. On Thursday, Putin's adviser Yuri Ushakov said the leaders would discuss the 'huge untapped potential' in Russia-US economic relations. 'An exchange of views is expected on further developing bilateral cooperation, including in the trade and economic sphere,' Ushakov said. 'This cooperation has huge and, unfortunately so far, untapped potential.' European leaders praised Trump on Thursday for agreeing to allow US military support for a force they are mustering to police any future peace in Ukraine – a move that vastly improves the chances of success for an operation that could prove essential for the country's security. The leaders said Trump offered American military backup for the European 'reassurance force' during a call they held with him ahead of his planned summit with Russian President Vladimir Putin on Friday. They did not say what the assistance might involve, and Trump himself has not publicly confirmed any support. UK prime minister Keir Starmer welcomed Zelenskyy to London on Thursday in a show of British support for Ukraine ahead of the Alaska summit. The two embraced warmly outside Starmer's offices at 10 Downing Street without making any comments. Around an hour later, Starmer walked Zelenskyy back to his waiting car, and the two leaders shared another embrace as the Ukrainian president departed. Donetsk governor Vadym Filashkin said that Ukrainian troops had stabilised the battlefield in an area of eastern Ukraine where Russian forces had made a sudden push this week to pierce Ukrainian defences. Ukraine said small groups of Russian infantry had thrust 10 kilometres (six miles) toward its main defensive line near the town of Dobropillia, raising fears of a wider breakthrough that would further threaten key cities. The advance appeared aimed at pressuring Kyiv to give up land in pursuit of peace three-and-a-half years into Russia's invasion of its neighbour. 'The situation in the Dobropillia sector has stabilised,' Filashkin wrote the Telegram messaging app. 'Thanks to the heroic efforts of our Defence Forces, the frontline is reliably holding.' However Ukraine on Thursday ordered more evacuations in the east, from a town close to where Moscow made its breakthrough. 'We began the mandatory evacuation of families with children from the town of Druzhkivka,' said Donetsk regional military administration head Vadym Filashkin, adding that four more villages near the town were also ordered to evacuate. He added that 1,879 children were remaining in the settlements. Earlier on Thursday, Russian forces claimed to have captured the village of Iskra and the small town of Shcherbynivka in Ukraine's Donetsk region, which the Kremlin claimed to have annexed in September 2022. The US Agency for International Development did not monitor the uses of 5,175 Starlink terminals sent to Ukraine, with nearly half of the operational units ending up in areas fully or partly held by Moscow, according to a report by the agency's internal watchdog. USAID's inspector general found that the agency failed to keep track of the terminals of Elon Musk's satellite internet service because it had accepted a higher risk of misuse due to 'the complex wartime environment' and Ukraine's urgent need for them. The report did not say how those terminals ended up in those areas, who had them or the purposes for which they were used. Russia and Ukraine exchanged 84 prisoners each on Thursday, both sides said, the latest in a series of swaps that has seen hundreds of PoW released so far this year. Ukrainian President Volodymyr Zelenskyy said on social media that among the exchanged prisoners were 'both military personnel and civilians', some of whom had been 'held by the Russians since 2014, 2016, and 2017'. He said 'defenders of Mariupol' were also part of the swap, referring to a Ukrainian port city that fell to Russian forces in 2022 after a nearly three-month siege. Russia has put Reporters Without Borders (RSF) on its list of 'undesirable' organisations, effectively banning the media watchdog from operating in the country, Moscow's justice ministry register showed on Thursday. Under a controversial law passed in 2015, but rarely used before its offensive on Ukraine, Russia can ban overseas organisations deemed a threat to national security. Russian State Duma chair Vyacheslav Volodin met with North Korean leader Kim Jong-un during an official visit to Pyongyang, the Russian parliament said on Thursday. Volodin, a close ally of President Vladimir Putin, conveyed greetings from the Russian leader and thanked Kim for North Korea's support of Russia's military campaign in Ukraine.

Child sexual exploitation victims 'not in scope' of violence against women and girls strategy
Child sexual exploitation victims 'not in scope' of violence against women and girls strategy

Sky News

time17 minutes ago

  • Sky News

Child sexual exploitation victims 'not in scope' of violence against women and girls strategy

Victims of child sexual exploitation are "not explicitly within the scope" of the Violence Against Women and Girls (VAWG) strategy being drafted by the government, Sky News can reveal. Child Sexual Abuse and Exploitation (CSEA) is a form of child abuse, described by police as a "critical threat" to women and girls. It includes crimes such as grooming, and can involve both physical contact, such as rape, or non-physical - like forcing children to look at sexual images. Sky News has been shown an internal Home Office document presented to various stakeholders in the sector. It's titled "Scope of the Strategy... Our draft definition of VAWG", and says that while it recognises "links" between VAWG and child sexual exploitation, it is not "explicitly within the scope of the strategy". "VAWG is Violence Against Women and Girls. If you take child sexual abuse out of it, where are the girls?" Poppy Eyre told Sky News. Poppy was sexually abused and raped by her grandfather when she was four. It wasn't until she was 11, after a PHSE lesson on abuse at school, that she understood the enormity of what had happened. "I remember very vividly when the police came round and told me… this is what we're charging him with," said Poppy. "We're charging him with sexual abuse and rape. And I remember being like, I had no idea that's what it was, but I know that's really bad." Poppy's grandfather was convicted and died in prison. She questions how authorities would police crime if child sexual abuse is excluded from an umbrella strategy to tackle violence against women and girls. "Are they holding child sexual abuse at the same level of importance as they are with violence against women? You'd hope so, but potentially not, because it doesn't need to be in the figures", she said. The government has pledged to halve VAWG within a decade, by 2035. "If the government are measuring themselves against halving violence against women and girls - if they're not looking at the scale of child sexual abuse and child sexual exploitation within that - that will mean we are failing many young victims of abuse," said Andrea Simon, director of campaign group End Violence Against Women. The Centre of Expertise on Child Sexual Abuse, which is funded by the Home Office, estimates 500,000 children in England and Wales are sexually abused every year. 'Danger' of having separate plan Rape Crisis told Sky News that "for any strategy to be effective" it "must include all forms of gender-based violence against all women and girls", suggesting there is a "danger" in having a separate plan for child sexual abuse. Its chief executive, Ciara Bergman, said it could create a "problematic and potentially very unhelpful" distinction between victims of domestic abuse, expected to be covered by the strategy, and child sexual abuse. "Some perpetrators of domestic abuse also sexually abuse their children," she told Sky News. The government insists the strategy will include action to tackle child sexual abuse, but says it also plans to create a distinctive programme to address its specific crimes. "Sexual abuse is violence against a child," said Poppy's mother, Miranda Eyre, who now works as a counsellor specialising in trauma. "It is violence against girls… and you can't separate it out," she said. "I'm speechless to be honest… it does make me quite angry." A Home Office spokesperson told Sky News it is "working tirelessly to tackle the scourges of violence against women and girls and child sexual abuse". "These issues are complex and run deep within the fabric of society," they added.

Trump told Norwegian minister he wants Nobel Prize, newspaper says
Trump told Norwegian minister he wants Nobel Prize, newspaper says

Reuters

time38 minutes ago

  • Reuters

Trump told Norwegian minister he wants Nobel Prize, newspaper says

OSLO, Aug 14 (Reuters) - When U.S. President Donald Trump called Norway's finance minister last month to discuss tariffs, he also told him he wanted the Nobel Peace Prize, Norwegian business daily Dagens Naeringsliv reported on Thursday. Several countries including Israel, Pakistan and Cambodia have nominated Trump for brokering peace agreements or ceasefires, and he has said he deserves the Norwegian-bestowed accolade that four White House predecessors received. "Out of the blue, while Finance Minister Jens Stoltenberg was walking down the street in Oslo, Donald Trump called," Dagens Naeringsliv reported, citing unnamed sources. "He wanted the Nobel Prize - and to discuss tariffs." In a comment to Reuters, Stoltenberg said the call was to discuss tariffs and economic cooperation ahead of Trump's call with Norwegian Prime Minister Jonas Stoere. "I will not go into further detail about the content of the conversation," he added. Several White House officials, including U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer were on the call, Stoltenberg added. The White House and the Norwegian Nobel Committee did not reply to requests for comment. With hundreds of candidates nominated each year, laureates are chosen by the Norwegian Nobel Committee, whose five members are appointed by Norway's parliament according to the will of Swedish 19th-century industrialist Alfred Nobel. The announcement comes in October in Oslo. The Norwegian newspaper said it was not the first time Trump had brought up the prize in conversation with Stoltenberg, a former secretary general of the NATO military alliance. The White House on July 31 announced a 15% tariff on imports from Norway, the same as the European Union. Stoltenberg said on Wednesday that Norway and the United States were still in talks regarding the tariffs.

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