Chip stocks fall further after Trump’s remarks on Taiwan defence

Semiconductor and related tech shares hit hard by former US president’s calls for Taipei to pay for US protection

The stocks of some of the world’s largest chipmakers have fallen further after comments by Donald Trump that Taiwan, which is central to the global industry, should pay for its own defences against China.

Shares in semiconductor and related tech companies had already plunged on Wednesday after the former president’s comments, as well as a report that suggested Joe Biden’s administration was considering the strictest controls on the trade of chips to China.

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Labour rejects JD Vance ‘first Islamist country with nuclear weapons’ remarks

Deputy PM Angela Rayner says she does not recognise Donald Trump running mate’s ‘characterisation’ of Britain

Senior Labour figures have rejected comments by Donald Trump’s vice-presidential pick, JD Vance, that the UK could become the first “truly Islamist country that will get a nuclear weapon” under the party.

They were reacting to comments that were made by Vance, a junior senator for the state of Ohio who has been announced as Trump’s running mate, at a conference for US conservatives.

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Israel-Gaza war: US mediators making progress on ceasefire deal but still ‘gaps to close’, says Biden – as it happened

In his Nato news conference, the US president acknowledged concerns about Israeli actions despite his overall support

Turkish president Recep Tayyip Erdoğan said on Friday it is not possible for Nato to continue its partnership with the Israeli administration, reports Reuters.

“Until comprehensive, sustainable peace is established in Palestine, attempts at cooperation with Israel within Nato will not be approved by Turkey,” Erdoğan said at a news conference at the Nato summit in Washington DC. Turkey also continues its diplomatic efforts to end the Russia-Ukraine war, he said.

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Confrontations in South China Sea surge, raising fears a miscalculation could lead to conflict

Vessels have been rammed, punctured with knives, damaged by water cannon and targeted by military-grade lasers. Now the Philippines’ US ambassador has warned the aggression must be reduced to avoid conflict

Reports of aggressive and dangerous conduct by Chinese vessels in the fiercely contested South China Sea have surged over the past 17 months, as tensions mount in one of Asia’s biggest flashpoints.

Since February 2023, the Philippines has accused China of unsafe behaviour on at least 12 occasions, often within the water of its exclusive economic zone (EEZ), according to Philippine government data compiled by the thinktank the International Institute for Strategic Studies (IISS), which tracks incidents as part of its regional Asia-Pacific Regional Security Assessment.

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US, Canada and Finland form ‘Ice Pact’ to project influence into Arctic region

Partnership could produce up to 90 icebreaker ships to counter Russian and Chinese inroads into region

Canada, the United States and Finland say a newly announced “Ice Pact” to build a fleet of polar icebreaker ships will challenge China’s control of the market as nations scramble for influence in the Arctic.

The deal, announced during the Nato summit in Washington, could see as many as 90 icebreaker ships produced by the three countries in the coming years.

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China a ‘decisive enabler’ of Russia’s war in Ukraine, says Nato

Communique highlights concerns over Beijing’s nuclear arsenal and space capabilities

Nato leaders have labelled China a “decisive enabler” of Russia’s war against Ukraine and called its deepening ties with Moscow a cause of “deep concern”, in what has been seen as the most serious rebuke against Beijing from the alliance.

The final communique, approved by the 32 Nato members at the summit in Washington, also highlights concerns about Beijing’s nuclear arsenal and its capabilities in space.

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Joe Biden hints UK should move closer to EU in Starmer meeting

Two leaders meet during Nato summit in Washington as prime minister works on EU-UK security pact

Joe Biden has appeared to back Keir Starmer’s ambition for the UK having a closer relationship with the European Union as the leaders held their first bilateral talks at the White House.

The US president called the US and UK the “best of allies” as he met the new prime minister in the Oval Office, describing Britain as the “knot” that tied the transatlantic relationship together.

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European leaders use Nato summit to sell military alliance to US voters

Issue of burden-sharing threatens to become major stumbling block should second Trump administration come into power

European leaders at the Nato summit in Washington are focused on explaining to ordinary American taxpayers that the military alliance is worth the money, as the issue of burden-sharing has become a political football for both parties in the US – and threatens to become a serious stumbling block for the alliance should a second Trump administration come to power.

“There is a debate in the United States that the US are doing a lot to support Ukraine and Europe is not doing enough. If you look at figures, it’s actually a different picture. Europe is doing more than the United States: the financial support, military support we all have provided so far has been enormous … We are taking the security and defense seriously,” said Edgars Rinkēvičs, the president of Latvia, during a speech on Tuesday alongside former CIA director Leon Panetta and the Estonian defense minister, Hanno Pevkur. “It’s also very important to explain to the American public.”

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US Gaza aid pier to be permanently dismantled after operating for just 20 days – reports

Pier, which has delivered the equivalent of a single day’s pre-war land aid deliveries in two months, will reportedly be removed in a few days’ time

A US military pier, built two months ago as a way to bring sea-borne humanitarian aid into Gaza, is to be permanently dismantled within a few days, according to a new report.

The Associated Press (AP) reported that the pier, which has had to be moved repeatedly to avoid bad weather, would be reconnected to the Gaza coastline on Wednesday but would operate for just the next few days before being disassembled by the US army and navy.

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Leaders head to Nato summit amid Biden doubts and concern for Ukraine

Nato official warns there could be further Russian strikes on Ukraine this week to try to draw attention away from event

World leaders flew into Washington DC on Tuesday for a two-day Nato summit where they are expected to agree enhanced military support for Ukraine against a backdrop of questions about Joe Biden’s mental sharpness.

Britain’s new prime minister, Keir Starmer, and Ukraine’s president, Volodymyr Zelenskiy, were among those arriving at the US capital amid a warning that Russia could step up missile strikes on Ukraine this week, repeating a barrage that killed at least 38 on Monday.

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Nato will announce ‘historic’ Ukraine aid package – but hospital attack shows it’s not enough

Members have put forward hard-fought aid package but as Russia resumes large-scale attacks it may not satisfy Kyiv

After one of the worst Russian missile strikes against Ukraine in recent months, Nato leaders will sit down in Washington this week to announce the details of a hard-fought aid package that will include crucial air defense systems meant to protect Ukrainian cities.

The package put forward by Nato countries has been presented as “historic” and is an widely seen as an attempt to “futureproof” continued aid to Ukraine – but it may not fully satisfy Kyiv, which has been facing unprecedented attacks against civilian sites and infrastructure.

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Hopes of Gaza ceasefire rise further as Hamas reportedly backs new proposal

Militant group gives initial backing to plan for phased deal after ‘verbal commitments’ from mediators

Hopes for a ceasefire in Gaza have risen further after reports that Hamas has given its initial approval of a new US-backed proposal for a phased deal.

Egyptian officials and representatives of the militant Islamist organisation confirmed Hamas had dropped a key demand that Israel commits to a definitive end to the war before any pause in hostilities, Reuters and the Associated Press reported.

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US calls new Hamas ceasefire proposal for Gaza a ‘breakthrough’

White House says proposal is in line with deal outlined by Joe Biden in late May, but work is still to be done

The White House has described the latest Hamas ceasefire proposal for Gaza as a “breakthrough” establishing a framework for a possible hostage deal, but warned that difficult negotiations remained over the implementation of the agreement.

A senior US official said the Biden administration received the latest Hamas offer “a couple of days ago” and had been studying it ahead of a 30-minute telephone call between Joe Biden and Benjamin Netanyahu on Thursday.

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Israel risking disastrous war against Hezbollah for political reasons, says former US official

Harrison Mann, military expert who quit over Gaza, says ruinous war in Lebanon would pull US into regional conflict

Israel risks going to war against Hezbollah to ensure Benjamin Netanyahu’s political survival, but it would be a miscalculation that could lead to mass civilian deaths in both Lebanon and Israel, a former US military intelligence analyst has warned.

Harrison Mann, a major in the Defence Intelligence Agency who left the military last month over US support for Israel’s war in Gaza, also told the Guardian that such a disastrous new war would pull the US into a regional conflict.

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US imposes fresh sanctions on Iran over apparent nuclear escalations

Blinken says Tehran has expanded uranium enrichment project ‘in ways that have no credible peaceful purpose’

The US secretary of state, Antony Blinken, has announced fresh sanctions against Iran’s petroleum sector in response to what he described as an expansion of the country’s nuclear programme which has provoked renewed fears that it is preparing to build an atomic bomb.

The embargoes – on three unnamed entities involved in the transport of Iranian petroleum or petrochemical products – were announced amid a chorus of warnings of a renewed conflict in the Middle East between Israel and Iran’s proxy Hezbollah, the powerful Shia group that dominates Lebanon.

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Israel-Gaza war: Israel warns it could take Lebanon ‘back to the Stone Age’ – as it happened

Yoav Gallant said Israel is preparing for war with Hezbollah but stressed that his government preferred a diplomatic solution

Here are some of the latest images from Israel, where an anti-government demonstration has again attempted to block highways while demanding that Benjamin Netanyahu strike a deal to return Israeli hostages held by Hamas, and to call elections in Israel.

Haaretz reporter Bar Peleg has posted this video, which shows protesters blocking a road by setting a fire.

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Intense phase of Israel’s war with Hamas nearing end, says Netanyahu

Israeli PM says he hopes for diplomatic solution to conflict but will solve it in ‘a different way’ if necessary

Israel’s prime minister has said the most intense phase of the assault against Hamas in Gaza is coming to an end, freeing up forces to move to the Lebanese border, where escalating exchanges of fire with the militant group Hezbollah have increased fears of a wider war.

In his first public interview with a Hebrew-language network outlet in more than eight months of conflict, broadcast on Sunday, Benjamin Netanyahu also walked back on his commitment to a US-backed ceasefire proposal with Hamas, instead suggesting a more limited offer.

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Ex-Trump security adviser backtracks on proposal to send all Marines to Asia

Robert O’Brien explains his outline to sever US-China economic ties would only be to send in ‘fighting force’

Donald Trump’s former national security adviser Robert O’Brien – tipped to play a leading role if the ex-president returns to the White House – backtracked on parts of his proposal to sever US-China economic ties, an aspect of which called for sending the entire US Marine Corps to Asia.

O’Brien, who recently submitted a 5,000-word article outlining his thinking to Foreign Affairs, explained on Sunday that instead of the “entire US Marine Corps”, it would be only the “fighting force”. And he said some Marines would still be stationed at bases like California’s Camp Pendleton and North Carolina’s Camp Lejeune.

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Israeli defence minister flies to US for ‘critical’ talks on Gaza and Lebanon

Yoav Gallant to meet top officials as Benjamin Netanyahu repeats claim of ‘dramatic drop’ in US arms shipments

Israel’s defence minister has flown to meet senior Biden administration officials in Washington for what he has described as “critical” talks over the twin conflicts with Hamas in Gaza and Hezbollah in Lebanon.

Yoav Gallant, accompanied by the Israel Defense Forces’ deputy chief of staff, will meet the US defence secretary, Lloyd Austin, as well as the secretary of state, Antony Blinken, and Joe Biden’s special envoy, Amos Hochstein.

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Putin arrives in Vietnam for state visit condemned by US

Russian president’s trip comes after he signed mutual defence pact with North Korea’s leader, Kim Jong-un

Vladimir Putin has arrived in Vietnam for talks with its communist leaders on the final stop of his two-nation tour of Asia after signing a defence pact with North Korea’s leader, Kim Jong-un.

The Russian president’s plane touched down at Hanoi airport where he was met on a red carpet by Vietnamese deputy prime minister Tran Hong Ha and top party diplomat Le Hoai Trung.

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