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On May 27, 2026, local time, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with Bahraini Foreign Minister Zayani on the sidelines of the UN Security Council High-Level Meeting in New York. Wang Yi stated that as a good friend and partner of Bahrain and other Gulf countries, China sincerely hopes that peace and tranquility will be restored to the Middle East and the Gulf region as soon as possible. President Xi Jinping solemnly put forward four propositions on maintaining and promoting peace and stability in the Middle East, clarifying a responsible attitude and a fair stance. This war should not have happened, and there is no reason for it to continue. The urgent task is to promote a comprehensive and lasting ceasefire. The international community should increase its efforts to promote peace and work together to ease tensions and de-escalate the situation, especially opposing any attempts to escalate tensions. China supports Pakistan and other countries in continuing their active mediation efforts and is willing to closely coordinate with Bahrain and other Security Council members to ensure that the work of the Security Council moves in the right direction towards a political solution and to jointly strive for lasting peace and stability in the Middle East.On May 27, local time, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, answered questions from the media after chairing a high-level meeting of the UN Security Council on "Upholding the Purposes and Principles of the UN Charter and Strengthening the International System with the UN at its Core" on May 26. When asked about Chinas views and suggestions on resolving the current deadlock in the Iranian situation, Wang Yi stated that China has been working to resolve the current conflict. President Xi Jinping put forward four proposals, pointing the way for maintaining and promoting peace in the Middle East. We maintain communication and coordination with major parties involved, important regional and international partners. We believe that the sovereignty, security, and territorial integrity of all countries in the region must be respected, civilians and non-military targets must be protected, navigational safety and energy infrastructure must be guaranteed, and the provisions of the nuclear non-proliferation regime must be implemented. The key to the current situation is the US-Iran negotiations. We support the active mediation efforts of Pakistan and other countries, and also support the efforts made by the US and Iran themselves. Deep-seated problems dont arise overnight; resolving long-standing grievances is also not something that can be achieved overnight. But every step forward in the negotiations brings more hope for peace; every day the conflict ends, there will be fewer civilian casualties. We hope that the parties involved will firmly uphold the ceasefire and end the war, continue to meet each other halfway, and bring peace back to the Middle East as soon as possible.On May 27th, analysts in a Reuters survey said that despite the Nikkeis rapid rise keeping forecasters busy, the index will continue to reach new record highs, driven by the artificial intelligence boom and strong corporate earnings. The median forecast in the Reuters survey showed analysts expect the index to reach 69,000 points by the end of next year, setting another record. The Nikkei closed at 64,996.09 points on Tuesday. Yunosuke Ikeda, head of macro research at Nomura Securities, is bullish on stocks, but the Nikkeis rise has exceeded his expectations—he had previously predicted the index would reach 63,000 points by December and 65,000 points a year later. He said that as a forecaster, this rally is "too fast to keep up with." Of the 12 respondents who answered a supplementary question, seven said their view on the AI boom driving stock market performance remained largely unchanged compared to three months ago. The remaining five were more optimistic. At the same time, Ikeda stated that optimism about artificial intelligence is not a necessary condition for the stock market to continue rising.Japans corporate services price index rose 0.5% month-on-month in April, down from 1.2% in the previous month.Japans corporate services price index rose 3% year-on-year in April, up from 3.10% in the previous month.

Al Gore asserts that climate change action has reached a "tipping point"

Haiden Holmes

Sep 21, 2022 10:35

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Al Gore, a former vice president of the United States and co-founder of Generation Investment Management, stated in an interview with Reuters that the world has reached a "positive tipping point" in the fight against climate change as rising oil and gas prices prompt governments to decarbonize more rapidly.


His examples included the $430 billion Inflation Reduction Act, which is widely regarded as the largest climate package in U.S. history, and Australia's promise earlier this month to decrease carbon emissions by 43 percent by 2030 and to net zero by 2050.


Gore anticipated policy shifts on climate change from Brazil following an impending election and from China following the resumption of talks between President Joe Biden and Chinese Vice Premier Liu He at the November G20 summit in Indonesia.


The war in Ukraine, which Russia refers to as a "special military operation," has caused oil and gas prices to spike, he said, adding that he was concerned about the efforts of some nations to increase fossil fuel production in response.


Gore stated that there is no such thing as a clean fossil fuel, just as there is no such thing as a healthy cigarette. According to the authors, "we do not want to see investments in fossil fuel infrastructure that A will not alleviate the short-term crisis and B would guarantee decades of increasing emission levels."


He stated, "There is evidence nearly everywhere in the world" of the accelerating rate of change, and added that worsening weather events were also pushing the imperative to act.


Al Gore stated that heatwaves in China, floods in Pakistan, and drought in Europe are examples of how "Mother Nature has joined the climate discussion."


In both "An Inconvenient Truth" (2006) and "An Inconvenient Sequel" (2017), Al Gore, the former vice president of the United States, argues that the struggle against climate change is a moral one.


In 2007, he shared the Nobel Peace Prize for his efforts to address climate change while serving as the chairman of Generation Investment Management, a London-based firm that invests in sustainable public and private markets and conducts research.


He said that some governments are removing fossil fuel facilities with decades of remaining life due to the declining cost of renewable electricity, while others are considering banning the sale of fossil fuel-powered automobiles.


"When the technology provides three times as many jobs per invested dollar as investments in fossil fuels, a very good tipping point will be reached," he stated.


In its most recent annual sustainability trends report, published on Wednesday, Generation anticipated that annual investments in the clean economy would surpass $1 trillion over the next few years.


According to the research, while this is less than what is required to keep global warming at 1.5 degrees Celsius over the pre-industrial average, it is increasing "at a rapid rate."

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