søndag 15. november 2026

Trump, Putin and Xi plan historic joint meeting in China next week, White House says

Donald Trump, Vladimir Putin and Xi Jinping are planning to meet on the sidelines of a summit in China next week, the White House has said. The historic meeting between the respective leaders of the US, Russia and China will take place as Trump attends the Asia-Pacific Economic Co-operation (Apec) summit in the southern city of Shenzhen, spokeswoman Olivia Wales told reporters.

"The president has made it clear that, among other topics, he will discuss the reduction of nuclear weapons in the world, whose proliferation President Trump believes is very dangerous," she said. It is understood Iran may also be discussed during the meeting of the world's biggest nuclear powers, but not Ukraine. Russia has confirmed the meeting. China has yet to react.

Suspected China spy linked to Nvidia's ex-boss left in 2025, Megaspeed says

Alice Huang, a suspected China spy who has been linked to Nvidia's former boss Jensen Huang, left her executive role at Megaspeed in August last year, the company says. Jensen Huang resigned as chief executive of the AI chip-making giant Nvidia after it emerged he had allegedly had affairs with Alice Huang as well as with one of his employees.

Megaspeed is the biggest buyer of Nvidia chips in south-east Asia and the scandal at Nvidia has raised questions about the possibility that high-end AI chips may have ended up in China despite US export restrictions.

The Singapore-based company said on Sunday it had launched an internal investigation into its business. It said it was aware of reports "containing assertions about our business, supply chain and global operations that are not supported by verifiable evidence".

North Korean hackers used fake video calls in $400m crypto hack, says FBI

State-sponsored hackers from North Korea have taken more than $400 million in cryptocurrency by using fake video calls to steal people's identities, US authorities say. More than 900 victims have fallen prey to the scheme, which the FBI refers to as FaceStealer, in the last 18 months, according to the bureau. "The North Korean regime relies on proceeds from large-scale cryptocurrency theft to fund its illicit weapons program, stealing billions of dollars in recent years," says FBI cyber director Brett Leatherman.

This comes a week after the world's largest crypto exchange Binance revealed that hackers had used fake job interviews to steal a record $6.3bn (£4.7bn) from the company.

Torbjørn Færøvik: Massive statlige subsidier holder kinesisk bilindustri i gang

Biler så langt øyet kan se, og alle er flunkende nye. Flere ganger i måneden legger store kinesiske bilskip til kai i den belgiske havnebyen Zeebrugge. Andre skip anløper Bremerhaven i Tyskland eller Koper ved Adriaterhavet.

Aldri har så mange kinesiske biler kjørt på veiene i Europa. Hele 22,5 prosent av nybilene som ble solgt i Norge i oktober, var fra Kina. Men flere av de kinesiske bilfabrikantene sliter med å tjene penger, og i resten av verden vokser motstanden mot Kinas eksportflom.

I en artikkel i tidsskriftet The Atlantic beskriver den amerikanske Kina-eksperten Michael Schuman en industrinasjon som produserer mer enn noensinne, men som samtidig har svak lønnsomhet. Han viser til beregninger fra analyseselskapet Capital Economics, som anslår at omkring 30 prosent av Kinas industribedrifter går med underskudd. Andelen skal ha doblet seg siden 2018.  «Lønnsomhet har aldri vært det kinesiske kommunistpartiets første prioritet», hevder han.

 

torsdag 12. november 2026

India is quietly doing great

The reason I’m bullish on India and bearish on China is that we’re asking the two countries to do two different things. When we think of China’s future success, we think of whether it’ll eclipse the combined economies of the US and its allies, seize the lead in artificial intelligence, reach Taiwan or Korea’s level of income, or dominate Asia.

I’m increasingly skeptical about its ability to do all of those things. But India’s job right now is a lot simpler — it just has to escape poverty and become an upper-middle-income country. And this I think it can do. In both GDP terms and in terms of the Human Development Index (which combines GDP with education and health), India is around where China was in the late 2000s.

Former elementary school teacher becomes newest paper billionaire in China

A former elementary school teacher has been propelled into the ranks of paper billionaires in China after the stock debut of his company selling tape and other adhesive productsto tech giants, according to Forbes. Michael Mai, chairman and CEO of Crown New Materials Technology, entered the rarefied financial heights on Tuesday when the company, which produces binding agents for major brands like Tesla and Apple, made its trading debut on the Shenzhen Stock Exchange.

Shares shot up as much as 787%, from 16.98 yuan ($2.55) per share in its stock filing to a height of 150.58 yuan ($22.57) per share at one point, according to the Shenzhen bourse, mainland China’s second-largest stock exchange.

What we know about Alice Huang, the alleged spy at the center of the Nvidia scandal

Who is Alice Huang, the woman allegedly at the center of the scandal enveloping the world’s most powerful chip company? She’s been photographed with Nvidia CEO Jensen Huang (no relation) at banquet dinners and golf resorts, clinking wine glasses and even leaving an event with him in the same car. But for someone suddenly generating international headlines, she remains something of a mystery.

Her limited online footprint paints a picture of a journalist-turned tech power broker who held senior positions at financial firms in Asia. However, US officials believe she was also working as a Chinese spy who was having an affair with the Nvidia chief – and tasked with collecting intelligence on one of the world’s most valuable tech giants in an effort to help Beijing surpass the US in AI dominance.

tirsdag 10. november 2026

Why US domestic reset won’t reset its China policy

The much-watched 2026 US midterm elections are over. The Democrats successfully swept the nation with a “blue wave” that dramatically altered the political landscape. At the ballot box, voters across the country decisively rebuked the Republican party, especially US President Donald Trump. The remaining two years of the Trump 2.0 administration are likely to offer a textbook example of a lame-duck presidency.

It is common, even customary, for commentators to use words like “historic” and “landslide” to describe election results. But this year, Americans have genuinely made history in many ways. To many, the blue wave looks like a “blue tsunami”. The Democratic party has gained solid control of both chambers of Congress for the first time in over a quarter of a century, as well as the majority of governorships for the first time since 2010.

Read more

Jensen Huang; Security risk or witch hunt?

The scandal over Nvidia founder Jensen Huang’s extramarital affair is becoming a controversy with implications for American technology and politics. The New York Times has reported on his intimate relationship with Huang Le (Alice Huang), a businesswoman suspected of Chinese intelligence links.

US intelligence agencies had long known about the relationship, and US Secretary of State Marco Rubio reportedly warned senior Trump officials in a classified memorandum. Huang has acknowledged the affair; Nvidia’s board has launched an independent investigation.

Read more


lørdag 7. november 2026

Torbjørn Færøvik: "Freedom is like av flower" - Hungary remembers the uprising of 1956

«Freedom is like a flower. It must be tended and watered every day,” says the ageing veteran as he hobbles down from the podium.

The schoolchildren who have been listening fall silent after hearing his account of what happened in 1956. Seventy years have passed since the Hungarian uprising, a collective cry for freedom crushed by brute force. At the House of Terror on Andrássy Avenue in Budapest, the anniversary is being marked with exhibitions and lectures.

The museum opened in 2002, but the building is old. Behind its thick walls, Hungarian freedom fighters were tortured for years, first by Hitler’s Hungarian collaborators, then by the communists. Just inside the entrance, my eyes settle on a quotation from Aleksandr Solzhenitsyn: “The deeper we delve into the past, the fewer witnesses remain; oral tradition gives way to silence, and memories are lost in the mists of time.”

torsdag 5. november 2026

North Korea tells EU to 'mind its own business' on human rights

North Korea responded to the European Union's draft United Nations resolution on human rights in the country by telling the bloc to "mind its own business," state media reported Thursday. Pyongyang has long been accused by the UN and human rights advocates of committing human rights violations.

North Korea's UN mission said in a statement carried by the official Korean Central News Agency that the move was a "farce" and a "politically motivated provocation." It said the resolution is "flagrantly distorting its human rights policy," claiming that human rights are not "a monopoly of the West." Referring to the protests in Europe, the North Korean mission said: "Streets are filled with demonstrators from all walks of life demanding such elementary rights as the rights to existence."

Hong Kong activist Joshua Wong sentenced to 10 more years in prison

A Hong Kong court sentenced prominent activist Joshua Wong to 10 more years in prison Thursday under a Beijing-imposed national security law, in a case that critics say underscores the crackdown on the city’s once-thriving pro-democracy movement.

Wong, 30, first led student protests as a teenager and engaged in international advocacy efforts for Hong Kong’s democracy movement. He was already serving a four-year, eight-month prison term after pleading guilty in the city’s biggest national security case, and had been due to be freed in January.

But he was further charged in 2025 with conspiracy to collude with foreign forces to endanger national security, an offense under the security law imposed by Beijing in 2020. Judge William Tam said Wong and fellow activist Nathan Law colluded with foreign officials and other foreign actors and sought measures against China and Hong Kong.

Once a teen activist, Hong Kong’s Joshua Wong is spending years of his adult life in prison

Some 15 years ago, then-high school student Joshua Wong was a rising political star in Hong Kong’s pro-democracy movement. Now 30, he has been sentenced for the second time under a Beijing-imposed national security law that effectively crushed the movement he once championed.

Critics say Wong’s imprisonment reflects the authorities’ determination to keep prominent dissidents behind bars. But Beijing views him as an anti-China figure supporting Hong Kong independence.

Wong became a household name in the city as a teenage activist in 2012 when he and his now-dissolved group, Scholarism, protested against the introduction of national education in schools. Thousands of people gathered outside the government headquarters, some launching hunger strikes.

Former Chinese Politburo member Ma Xingrui charged with taking bribes

A former member of one of China’s top decision-making bodies has been formally charged with accepting bribes, state media reported Thursday, a week after Communist Party leaders confirmed his expulsion from the party. Prosecutors in Yichang, a city in the central province of Hubei, accused Ma Xingrui of using his leadership positions to accept “exceptionally large” bribes and to secure benefits for others, while also accepting financial assets himself, Xinhua state news agency said.

Ma had been named to the Politburo in 2022 and his downfall became public in April, when authorities said he was being investigated for severe violations of party discipline and national laws, without providing details.

Bollywood and the underworld — together in the spotlight?

A wave of shootings and extortion threats has rattled India's film industry. This time, those claiming responsibility are very different from the Mumbai underworld that had Bollywood in its grip back in the 1990s. "In the entire film industry, whoever works without aligning with us, or works with Salman Khan, will be killed."

This warning was delivered in an audio message by presumed attackers on Indian actor Tiger Shroff in Mumbai earlier this month, as they claimed responsibility for the shooting. The apparent perpetrators said they were connected to Lawrence Bishnoi, a student-politician-turned-gangster who has been in prison since 2014. Notably, police have not confirmed the gang's involvement.

The shots fired at Shroff, which injured his driver, were only the latest in a string of attacks targeting prominent figures from the Mumbai-based film industry, popularly known as "Bollywood".

South Korea tests Arctic shipping route amid Russia-West row

A South Korean container ship completed a voyage to Western Europe through the Arctic Ocean off the northern coast of Russia in October, fueling Seoul's hopes of exploiting the route as a shortcut for trade.

The ship made the round trip from Busan to Rotterdam in just 50 days, saving at least 10 days compared to the fastest travel times along the more commonly used Suez Canal route. The Northern Sea Route (NSR) is not only around 7,000 kilometers (4,350 miles) shorter, it also avoids the geopolitical flashpoint of the Middle East.

But the faster delivery times might not exactly trigger celebrations across western European capitals. Analysts say the nations arrayed against Russia over its invasion of Ukraine fear that South Korean President Lee Jae-myung is looking to boost Seoul's economic relations with Moscow. This would run contrary to the efforts to cut off Russia made by Kyiv and its Western alies.

Brutality of Lhasa Chinese police again leaves Tibetan woman pleading justice for her jailed brother severely injured

Chinese police in Tibet’s capital Lhasa have on Oct 26 severely beaten the sister of a prominent jailed Tibetan businessman, leaving her with severe internal injuries and broken bones, after she staged yet another protest with appeals for justice for him. The brother, Dorje Tashi, has long continued to be held incommunicado and without access to his family and lawyers in what is seen as a politically motivated persecution.

Gonpo Kyi (also known as Gonmo Kyi, according to tibetwatch.org) staged her latest protest outside the Tibet Autonomous Region (TAR) Higher People’s Court. She held a portrait of Chinese President Xi Jinping alongside a two-point petition demanding a fair retrial for Dorje Tashi, said Washington-based Tibet advocacy group International Campaign for Tibet (savetibet.org) Nov 3.

The group cited sources close to the family as saying she had previously staged multiple similar protests outside the same court in June and August this year and over the past four years.

Chinese AI lab Moonshot turned to Europe for Nvidia Blackwell access amid U.S. China curbs

Moonshot AI, a Chinese artificial intelligence lab that the White House accused of accessing Nvidia advanced chips remotely in East Asia, has sought access to the chips through data centers in Europe, sources have told CNBC.

Deals have been discussed this year for Moonshot to rent capacity from neoclouds hosting Nvidia graphics processing units, or GPUs, at facilities in Europe, four people familiar with the matter said. They asked not to be named because they were discussing private information.Nvidia’s effective monopoly over the most powerful chips has made U.S. export controls a key tool in Washington’s effort to preserve its advantage over China in the AI race. American AI labs such as OpenAI and Anthropic are locked in a training and pricing battle with Chinese developers, including Moonshot AI, which makes the Kimi family of models.