Read the latest news from regional and global sources, presenting different voices and perspectives.
Why did the US stock market fall? 3 reasons behind $1.1tn wipe out in single day
Financial Express
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Wall Street suffered a sharp sell-off on Friday, wiping out more than $1.1 trillion in market value. The Dow Jones Industrial Average dropped 1.23%, the S&P 500 slid 1.6%, and the Nasdaq Composite sank 2.24%, Reuters reported. The market ended in...
Nauru could earn millions after backing US deep sea mining pathway
RNZ
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July 17, 2025
The Metals Company Photo: Facebook / The Metals Company Nauru is a step closer to mining in international waters under highly contentious United States legislation. The path has been set out in the nation's new agreement with Canadian mining group...
Trump expands tariffs: See the full list of targeted countries
Gulf Business
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August 2, 2025
Image: Getty Images In a sweeping executive order, US President Donald Trump has expanded tariffs on imports from multiple trading partners, citing persistent trade deficits and national security concerns. The move follows Executive Order 14257,...
Trump’s Deep-Sea Mining Revival Sparks Global Minerals Race
Skillings Mining Review - Florida
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July 22, 2025
Key Takeaways Trump’s policy revives U.S. interest in deep-sea mining for critical minerals. U.S. firms seek battery metals from polymetallic nodules in the Pacific. China’s rare earth dominance accelerates American offshore ambitions. Seabed...
Deep sea mining firm TMC gets veiled warning from global body
New Age Bangladesh
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Agence France-Presse . United Nations 22 July, 2025, 23:06 The International Seabed Authority (ISA) issued a veiled warning Monday to Canadian firm The Metals Company (TMC) over its plans to launch deep-sea mining operations in international...
Donald Trump hits South Africa with 30% tariffs – the HIGHEST in Africa
The South African
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August 2, 2025
US President Donald Trump has announced that South African goods will be hit with a 30% tariff starting on 7 August, in a move that threatens to derail one of the country’s most critical trade relationships. The tariffs mark the highest imposed on...
Push for global ocean moratorium grows as deep sea mining operations stall
Pacific Media Network
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The International Seabed Authority (ISA) concludes its latest council session without approving any deep sea mining operations, despite increasing pressure from the industry. Deep sea mining extracts metals like cobalt and nickel from the ocean...
Seabed-mining firm faces legal questions over controversial Trump policy
The Straits Times
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July 22, 2025
Two months ago, President Donald Trump took an extraordinary step toward issuing permits to mine vast tracts of the ocean floor in international waters where valuable minerals are abundant. It was a boon to The Metals Company, an ambitious startup...
Nauru taps veteran banker to lead digital asset push
Marianas Variety
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Brian Phelps (Government of the Republic of Nauru) — Following legislation passed by Nauru’s parliament last month to establish an authority to regulate virtual assets including cryptocurrency, the government has appointed highly respected...
Deep sea mining companies exploiting ‘national security’ fears for profit, according to new Greenpeace USA report
Greenpeace International
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July 21, 2025
“Deep Deception” report refutes claims that deep sea mining is necessary to source critical minerals for U.S. national security and defense. Greenpeace USA activists unfurl a banner calling on the US government to Stop Deep Sea Mining in front of...
Deep-sea mining firm faces legal challenges over Trump’s controversial policy
Honolulu Star-Advertiser - Hawaii
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July 21, 2025
Two months ago, President Donald Trump took an extraordinary step toward issuing permits to mine vast tracts of the ocean floor in international waters where valuable minerals are abundant. It was a boon to The Metals Co., an ambitious startup...
Deep sea mining: What it is and why the Pacific is at the centre of it
Pacific Media Network
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Deep sea mining has grown to become both a contentious and polarising practice in the Pacific. It is viewed as either a pathway to economic prosperity or a source of environmental devastation. Deep sea mining extracts minerals like cobalt, nickel,...
New deep sea mining rules lack consensus despite U.S pressure
Pacific News Service
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After two weeks of negotiations, the International Seabed Authority (ISA) is still far from finalising rules for extracting coveted metals on the high seas despite heightened pressure triggered by U.S efforts to fast-track the controversial...
New deep-sea mining rules lack consensus despite US pressure
Punch
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July 18, 2025
After two weeks of negotiations, the International Seabed Authority is still far from finalising rules for extracting coveted metals on the high seas despite heightened pressure triggered by US efforts to fast-track the controversial practice....
How Small Island States can secure an affordable energy future
Solomon Star
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July 18, 2025
By Scott Morris Vice-President of the Asian Development Bank and Eric J. Lam Small island developing states are among the most vulnerable to climate impacts, including sea level rise, flooding, and extreme weather, despite contributing low global...
Seabed Strategy: Why Nauru Should Be Central to Trump’s Deep-Sea Mining Vision
[your]NEWS
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July 14, 2025
By Emmanuel Ogbonna In an executive order issued in April 2025, President Donald Trump emphasized the strategic necessity of offshore critical minerals in building U.S. supply chains that are independent of adversarial nations like the People’s...
Drug 9 found guilty
Islands Business
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August 1, 2025
NAURU’S President David Adeang says his government’s decision in January 2024 to re-establish diplomatic relations with China had paid great dividends. Speaking during his recent trip to South China’s Guangdong Province to trace his ancestral...
Which economies in Asia have been hit hardest?
BBC
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August 1, 2025
Fan WangBBC News Reporting fromSingapore ShareSave Economies in Asia were among those hit hardest by tariffs announced by US President Donald Trump on "Liberation Day" in April. From traditional US allies like Japan to the Asean bloc spanning...
Pacific Islands focus: deep sea mining, reproductive injustice and a new breast screen campaign
Croakey Health Media
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July 10, 2025
Introduction by Croakey: World leaders are calling for a moratorium on deep sea mining to prevent devastating and irreversible environmental harm. This week, governments are meeting in Jamaica at the 30th Session of the International Seabed...
Pacific news in brief for 1 August
RNZ
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July 31, 2025
Nauru President David Adeang does not think the regional processing centre has done reputational damage to Nauru and instead blamed journalists for not being balanced in their reporting. Photo: Caleb Fotheringham Nauru - diplomatic ties Nauru...