Australia faced the same dilemma as China in 2004 but made the wrong call
By Alan Kohler

While the rest of us count the cost in higher fuel costs, higher inflation and a weaker economy,  China — the actual winner of the war — will be enjoying a surge of global interest in its solar panels, wind turbines and electric vehicles.

https://www.abc.net.au/news/2026-04-20/strait-of-hormuz-china-renewable-energy/106581226

#RenewableEnergy #Trade #WorldPolitics #StockMarket #FinancialMarkets #BusinessEconomicsandFinance #War #AlanKohler

China's smart bet is paying off. Meanwhile, Australia pleads for fuel

While the rest of us count the cost in higher fuel costs, higher inflation and a weaker economy,  China — the actual winner of the war — will be enjoying a surge of global interest in its solar panels, wind turbines and electric vehicles. 

Iran rejects second round of ceasefire negotiations with U.S., citing excessive demands, unrealistic expectations, and continued naval blockade as violations of truce agreement, while American negotiating team heads to Pakistan
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https://en.infomaxai.com/news/articleView.html?idxno=116299
Iran State Media - 'Iran Decides to Reject Second Ceasefire Talks' (Update)

Iran rejects second round of ceasefire negotiations with U.S., citing excessive demands, unrealistic expectations, and continued naval blockade as violations of truce agreement, while American negotiating team heads to Pakistan

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President Trump signals optimism on Iran nuclear deal framework, announcing delegation's departure to Pakistan for final negotiations ahead of ceasefire deadline while threatening military action if terms rejected
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https://en.infomaxai.com/news/articleView.html?idxno=116298
Trump Says 'Concept of Deal' with Iran Finalized, 'Very Good Chance' of Completion

President Trump signals optimism on Iran nuclear deal framework, announcing delegation's departure to Pakistan for final negotiations ahead of ceasefire deadline while threatening military action if terms rejected

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Iran's state media reports the country has declined to engage in a second round of negotiations with the United States, signaling continued diplomatic tensions
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https://en.infomaxai.com/news/articleView.html?idxno=116297
Iran remains undecided on sending negotiators to Pakistan despite Trump's team deployment, insisting U.S. naval blockade of Iranian vessels in Strait of Hormuz must be lifted before talks can proceed, with negotiations tentatively scheduled for April 21-22
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https://en.infomaxai.com/news/articleView.html?idxno=116296
'Iran Undecided on Sending Negotiation Team...Lifting of US Naval Blockade a Precondition'

Iran remains undecided on sending negotiators to Pakistan despite Trump's team deployment, insisting U.S. naval blockade of Iranian vessels in Strait of Hormuz must be lifted before talks can proceed, with negotiations tentatively scheduled for April 21-22

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President Trump announces US-Iran peace negotiations scheduled for April 21-22 in Islamabad, Pakistan, with delegation led by VP Vance, Kushner, and Witkoff, warning Iran faces complete destruction of infrastructure including bridges and power plants if deal rejected
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Trump announces US-Iran peace negotiations scheduled for April 21st with possibility of extending through 22nd in Fox News interview
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https://en.infomaxai.com/news/articleView.html?idxno=116294
Trump Says US-Iran Peace Talks Set for 21st, May Continue Through 22nd

Trump announces US-Iran peace negotiations scheduled for April 21st with possibility of extending through 22nd in Fox News interview

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South Korean and US finance ministers agreed that excessive won volatility is undesirable and pledged continued consultations on foreign exchange markets during bilateral talks in Washington DC, while discussing strategic investment cooperation and economic stability measures.
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https://en.infomaxai.com/news/articleView.html?idxno=116291
Iranian President Masoud Pezeshkian challenges US President Donald Trump's authority to deny Iran's nuclear weapons rights as negotiations stall over proposed suspension periods, while Iran reverses Strait of Hormuz opening just one day after announcement amid escalating US-Iran tensions
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https://en.infomaxai.com/news/articleView.html?idxno=116289
President Lee Jae-myung departed for six-day state visits to India and Vietnam, where he will hold summit meetings with PM Modi and Party Secretary To Lam to strengthen economic cooperation and discuss energy and supply chain crisis responses amid Middle East conflicts.
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https://en.infomaxai.com/news/articleView.html?idxno=116287
President Lee Departs for State Visits to India, Vietnam

President Lee Jae-myung departed for six-day state visits to India and Vietnam, where he will hold summit meetings with PM Modi and Party Secretary To Lam to strengthen economic cooperation and discuss energy and supply chain crisis responses amid Middle East conflicts.

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