-
Kenya's economy faces climate change risks: World Bank
-
Snow storm barrels into southern US as blast of icy weather widens
-
Ex-prince Andrew dogged again by Epstein scandal
-
'Malfunction' cuts power in Ukraine. Here's what we know
-
Women in ties return as feminism faces pushback
-
Ship ahoy! Prague's homeless find safe haven on river boat
-
Epstein offered ex-prince Andrew meeting with Russian woman: files
-
China factory activity loses steam in January
-
Melania Trump's atypical, divisive doc opens in theatres
-
Gold, silver prices tumble as investors soothed by Trump Fed pick
-
US Senate votes on funding deal - but shutdown still imminent
-
Trump expects Iran to seek deal to avoid US strikes
-
NASA delays Moon mission over frigid weather
-
Fela Kuti: first African to get Grammys Lifetime Achievement Award
-
Cubans queue for fuel as Trump issues oil ultimatum
-
France rescues over 6,000 UK-bound Channel migrants in 2025
-
Analysts say Kevin Warsh a safe choice for US Fed chair
-
Fela Kuti to be first African to get Grammys Lifetime Achievement Award
-
Gold, silver prices tumble as investors soothed by Trump's Fed pick
-
Social media fuels surge in UK men seeking testosterone jabs
-
Trump nominates former US Fed official as next central bank chief
-
Chad, France eye economic cooperation as they reset strained ties
-
Artist chains up thrashing robot dog to expose AI fears
-
Dutch watchdog launches Roblox probe over 'risks to children'
-
Cuddly Olympics mascot facing life or death struggle in the wild
-
UK schoolgirl game character Amelia co-opted by far-right
-
Panama court annuls Hong Kong firm's canal port concession
-
Asian stocks hit by fresh tech fears as gold retreats from peak
-
Apple earnings soar as China iPhone sales surge
-
With Trump administration watching, Canada oil hub faces separatist bid
-
What are the key challenges awaiting the new US Fed chair?
-
Moscow records heaviest snowfall in over 200 years
-
Polar bears bulk up despite melting Norwegian Arctic: study
-
Waymo gears up to launch robotaxis in London this year
-
French IT group Capgemini under fire over ICE links
-
Czechs wind up black coal mining in green energy switch
-
EU eyes migration clampdown with push on deportations, visas
-
Northern Mozambique: massive gas potential in an insurgency zone
-
Gold demand hits record high on Trump policy doubts: industry
-
UK drugs giant AstraZeneca announces $15 bn investment in China
-
Ghana moves to rewrite mining laws for bigger share of gold revenues
-
Russia's sanctioned oil firm Lukoil to sell foreign assets to Carlyle
-
Gold soars towards $5,600 as Trump rattles sabre over Iran
-
Deutsche Bank logs record profits, as new probe casts shadow
-
Vietnam and EU upgrade ties as EU chief visits Hanoi
-
Hongkongers snap up silver as gold becomes 'too expensive'
-
Gold soars past $5,500 as Trump sabre rattles over Iran
-
Samsung logs best-ever profit on AI chip demand
-
China's ambassador warns Australia on buyback of key port
-
As US tensions churn, new generation of protest singers meet the moment
Trump says Australia will get submarines as PM visits
US President Donald Trump said Australia would get coveted nuclear-powered attack submarines and signed a deal on rare earth minerals with Prime Minister Anthony Albanese at the White House on Monday.
The promise to Australia, which promotes itself as a key US ally against China, came after the Trump administration said earlier this year it was reviewing a deal for the subs signed under previous president Joe Biden.
"The submarines that we're starting to build for Australia are really moving along," Trump told reporters as he sat alongside Albanese in the cabinet room of the White House.
"We've worked on this long and hard, and we're starting that process right now. And it's really moving along very rapidly, very well."
The two leaders also signed a deal on critical minerals and rare earths, which are vital for the technology that runs the global economy.
Albanese has touted Australia's abundant critical minerals as a way to loosen China's grip over global supplies.
The Australian premier meanwhile managed to ride out an awkward confrontation between Trump and Australia's ambassador to Washington -- former prime minister Kevin Rudd.
Rudd deleted a series of critical social media posts about Trump following the Republican's election victory last year.
"I don't like you either. I don't. And I probably never will," Trump said to Rudd when a reporter pointed out that the ex-PM was in the room and asked the US president whether he minded the comments.
Australians have a mostly unfavorable view of the Trump administration, polling shows, though the country relies on the United States to balance China's expanding military clout in the Pacific region.
- Rare earths -
Australia's government had been hoping for Trump's blessing of the 2021 agreement for at least three of the silent, Virginia-class submarines within 15 years.
The AUKUS submarine deal between Australia, the United Kingdom and the United States could cost Australia up to US$235 billion over the next 30 years, according to Canberra.
But the Trump administration said in June it had put AUKUS under review to ensure it aligned with his "America First agenda."
Some domestic critics had said the United States did not produce enough Virginia-class submarines to supply Australia as well as its own navy.
The nuclear-powered vessels lie at the heart of Australia's strategy of improving its long-range strike capabilities in the Pacific.
Australia had a major bust-up with France after it tore canceled a multibillion-dollar deal to buy a fleet of diesel-powered submarines from Paris and go with the AUKUS program instead.
In the run-up to the White House talks, Australia also sold itself to Washington as a future source of critical minerals including rare earths -- of which China is by far the world's largest supplier.
Australia sits on deposits of lithium, cobalt and manganese as well as rare earth metals used in technologies from semiconductors to defense hardware, electric cars and wind turbines.
Albanese announced plans in April for a strategic reserve of critical minerals to provide to "key partners" such as the United States.
The reserve is designed to help relax China's chokehold on global critical minerals production, which it has been accused of leveraging to pressure trade partners.
Trump this month threatened 100-percent tariffs on China in response to its latest rare earths export curbs.
But Trump insisted on Monday that he now predicted a good trade deal with China at talks in South Korea with Chinese President Xi Jinping.
P.Gonzales--CPN