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03.02.26 - 19:33
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EU Pushes Rare Earth Mineral Partnership With US To Cut China Reliance (ZeroHedge)
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EU Pushes Rare Earth Mineral Partnership With US To Cut China Reliance
The European Union plans to propose a new critical-minerals partnership with the United States, aimed at limiting China's influence and strengthening shared supply chains, according to Bloomberg.
According to people familiar with the talks, the EU is ready to sign a memorandum of understanding that would create a “Strategic Partnership Roadmap” within three months. The goal is to coordinate efforts to secure key minerals needed for modern technologies and reduce reliance on China's low-cost supplies, which currently give Beijing significant leverage.
Under the proposal, the EU and US would explore joint mining and processing projects, consider price-support systems, and develop safeguards against market manipulation and oversupply. The plan also calls for building more resilient supply networks between both sides.
Bloomberg reports that the draft agreement stresses respect for territorial integrity, an issue that gain...
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03.02.26 - 14:30
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China will Einfluss der USA in der Welt verringern (DW)
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Während sich die USA aus internationalen Institutionen zurückziehen, verstärkt China die diplomatischen Bemühungen. Peking will nicht an die Stelle Washingtons treten, sondern Dominanz in strategisch wichtigen Gebieten....
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03.02.26 - 13:24
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Chinese Oil Firms Turn To Iran To Replace Venezuelan Crude (ZeroHedge)
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Chinese Oil Firms Turn To Iran To Replace Venezuelan Crude
Via The Cradle
China's teapot refiners are buying discounted Iranian crude to replace the loss of supplies from Venezuela following Washington's violent takeover of the South American nation's oil, Reuters reported Monday.
"The drawdown of Iranian oil held in storage is making up for the drop in Venezuelan supply to the world's largest crude importer," the news agency wrote, citing two people with knowledge of the matter.
via Reuters
Venezuelan oil shipments to China have fallen drastically since US President Donald Trump imposed a blockade on Venezuelan oil tankers attempting to leave the country in December.
On January 3rd, US forces bombed the Venezuelan capital, abducted Venezuelan President Nicholas Maduro, and took control of the country's oil. Washington announced it was placing Venezuela's oil revenues in accounts in Qatar under White House control.
Trump has allowed global trading firms Vitol and Trafigura t...
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