Putin visits China after interview blaming ‘western elites’ for Ukraine struggle

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Good morning. Vladimir Putin delivered a blistering assault on the west forward of a go to to China at the moment, blaming “western elites” for the struggle in Ukraine and outlining Beijing and Moscow’s alignment on a parallel world order.

In an interview with Chinese language state information company Xinhua, the Russian chief stated the 2 autocracies had “similar or coinciding positions” on geopolitical points.

Each Russia and China advocated for “international law”, Putin stated, however rejected “western attempts to impose an order based on . . . some mythical rules of no one knows whose making”.

Right here’s extra on Putin’s diatribe, plus a preview of his talks with Xi Jinping.

And right here’s what else I’m conserving tabs on at the moment:

  • Financial knowledge: Japan stories preliminary first-quarter GDP.

  • Financial coverage: The Philippines has its financial coverage assembly and resolution.

  • Conferences: Thai Prime Minister Srettha Thavisin meets French President Emmanuel Macron in Paris. And the Arab summit begins in Bahrain, bringing collectively heads of state from the 22 member states.

5 extra high tales

1. France has declared a state of emergency in its Pacific abroad territory of New Caledonia because it seeks to quell lethal riots sparked by a controversial electoral reform. 4 individuals have died in unrest that has raged within the south Pacific archipelago, which is without doubt one of the world’s greatest nickel producers.

2. Lawrence Wong has been sworn in as Singapore’s new chief, because the city-state charts a brand new path after a long time of rule by the founding Lee household. After his swearing-in, Wong warned in an typically grim speech that Singapore was grappling with a “dangerous and troubled world” and can be affected by worldwide battle and rivalry.

3. Slovak Prime Minister Robert Fico was critically injured yesterday in a taking pictures that the federal government known as an assassination try and a number of other politicians linked to the nation’s stark polarisation. Fico’s workplace stated he was in a “life-threatening condition” after being shot a number of instances whereas greeting individuals within the city of Handlová.

4. YouTube has blocked entry to movies that includes a well-liked protest anthem in Hong Kong, one week after an area court docket banned the music deemed seditious by metropolis authorities. The corporate voiced considerations concerning the chilling impact on freedom of expression and stated it would possibly attraction in opposition to the court docket’s resolution.

5. US shares closed at a report excessive after knowledge confirmed inflation had fallen barely to three.4 per cent in April. Merchants within the futures market reacted to the report by totally pricing within the chance the Federal Reserve would decrease rates of interest twice this yr, having on Tuesday priced in between one and two cuts.

Information in-depth

Tata Sons took over the Air India franchise for $2.4bn in 2022 © FT montage/Getty Picture

A whole lot of cabin crew at Air India’s finances provider known as in sick final week, disrupting almost 200 flights and angering prospects. Analysts stated the restive employees might be the “Achilles heel” of Tata Sons’ aviation enterprise because it overhauls the Air India franchise it took over two years in the past in a $2.4bn deal. With extra Indians taking to the skies, the modernisation of Air India is essential to New Delhi’s makes an attempt to place the nation as a world aviation hub.

We’re additionally studying . . . 

Chart of the day

Chinese language investments throughout jap Europe, north Africa and central Asia are “dwarfing” these from the US and Germany, in response to a brand new report from the European Financial institution of Reconstruction and Improvement.

Line chart of Greenfield FDI capital investments by country of origin (%) showing EBRD countries received almost 40% of their greenfield investments from China in 2023

Take a break from the information

Miss out on final weekend’s aurora borealis? With the Solar approaching a peak in its roughly 11-year exercise cycle, extra northern lights might lie in retailer for decrease latitudes not usually aware of the phenomenon. However the query of how we classify and climate such geomagnetic storms wants revisiting, writes Anjana Ahuja.

People photograph the northern lights
The phenomenon is powered by photo voltaic exercise and often solely seen at extra northerly latitudes © Andy Carter

Extra contributions from Tee Zhuo and David Hindley

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