International

U.S. Treasury Chief Blasts China’s Rare-Earth Export Controls

By BPN News Desk November 2, 2025

U.S. Treasury Secretary Scott Bessent said this week that China’s recent move to tighten export controls on rare earth minerals was a “real mistake” that alerted global supply chains to Beijing’s capacity and willingness to use these materials as economic leverage. He characterised the decision as a strategic misstep by China rather than an isolated […]

International

Tanzania’s President Re-elected in Contested Poll

By BPN News Desk November 2, 2025

President Samia Suluhu Hassan was declared re-elected on November 1, 2025 after securing approximately 97 per cent of the vote, according to official results from the National Electoral Commission of Tanzania. The election, held on October 29, followed the disqualification of the country’s two main opposition candidates — one barred from running and the other […]

International

China Proposes Global AI Body Amid US Rivalry

By BPN News Desk November 1, 2025

Xi Jinping used the Asia‑Pacific Economic Cooperation (APEC) summit in Gyeongju on November 1, 2025, to put forward a major initiative: the creation of a global body for artificial intelligence (AI) governance. He proposed the “World Artificial Intelligence Cooperation Organization” to establish international rules and promote AI as a “public good”. The headquarters for

International

Canada PM Apologises to Trump Over Ontario’s Anti-tariff Ad

By BPN News Desk November 1, 2025

Canada’s Prime Minister Mark Carney said he privately apologised to U.S. President Donald Trump for a political advertisement produced by Ontario Premier Doug Ford that criticised U.S. tariffs and featured former President Ronald Reagan. The ad used an excerpt from Reagan’s 1987 remarks warning against trade wars. Carney stated he had earlier reviewed the ad […]

International

China Ends Gold Tax Incentive, Raising Retail Costs

By BPN News Desk November 1, 2025

The People’s Republic of China has ended a longstanding tax incentive for gold retailing, which had allowed certain gold sellers to offset value-added tax (VAT) on sales. Under the revised rules effective immediately, gold retailers will no longer receive the tax relief and may pass increased costs to consumers. Market Implications China is the world’s […]

International

China Launches Mission Including Its Youngest Astronaut

By BPN News Desk November 1, 2025

Shenzhou 21 launched from China’s Jiuquan Satellite Launch Centre and carried three crew members — Zhang Lu, Wu Fei and Zhang Hongzhang — to the Tiangong Space Station. Wu Fei, aged 32 at the time of launch, became the youngest Chinese astronaut to fly into space. The mission will relieve the preceding crew and mark […]

International

Trump Denies Planning Strikes Inside Venezuela

By BPN News Desk November 1, 2025

Donald Trump, President of the United States, stated on October 31 2025 that his administration is not considering military strikes inside Venezuela. When asked by reporters aboard Air Force One whether such action was planned, he responded simply, “No.” This comment contradicts previous statements in which he suggested that land-based operations could follow earlier U.S.

International

India-US Trade Talks in Advanced Stage

By BPN News Desk November 1, 2025

India and the United States are reportedly in “advanced stages” of discussing a bilateral trade agreement, according to Commerce & Industry Minister Piyush Goyal. He said teams from both countries are engaged in talks and remain focused on reaching a fair and equitable outcome. What the Deal Might Include Among the possible elements under discussion […]

International

Pakistan Faces Acute Water Risk After India’s Treaty Move

By BPN News Desk November 1, 2025

Pakistan faces a severe threat of water scarcity following Indus Waters Treaty-related tensions with India, a recent analysis warns. The country heavily depends on river flows from the Indus Basin for both agriculture and hydropower. Experts highlight that Pakistan’s current water storage infrastructure can buffer only about 30 days of flow, making it extremely vulnerable

International

Trump Hints at Resumption of U.S. Nuclear Testing

By BPN News Desk November 1, 2025

U.S. President Donald Trump has stirred fresh debate over nuclear weapons policy after suggesting that the United States may soon resume testing activities. Speaking to reporters aboard Air Force One, Trump declined to clarify whether his remarks referred to underground nuclear explosion tests or to non-explosive evaluations, saying only, “You’ll find out very soon. We’re