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Taiwan: China ignores requests for information about new airport safety concerns
Taiwan's Civil Aviation Administration stated on Wednesday that China had not provided any information regarding a new airport that will open in the next year, less than 10 kilometers (6 miles) away from a Taiwanese Airport. This raises flight safety concerns. Xiamen's Xiang'an Airport is located only 3 km away from Taiwan's Kinmen Islands, the site of the Cold War's on-off battles. Construction work can also be heard and seen from Taiwan. Taiwan's Civil Aviation Administration sent a statement to saying that close airports need to be planned and coordinated in advance to ensure safety and smooth operation. It said that the administration had requested China to provide information on planning in order to assess the impact of Xiang'an Airport on Kinmen Airport. The report added, "However the relevant Chinese civil Aviation authorities have not provided us with any information up to date." It said that China has an obligation to make sure the newly constructed Xiamen Xiang’an airport does not interfere with our airspace. "The Civil Aviation Administration urges the Chinese air traffic controllers to start discussions with us immediately." Requests for comments were not immediately answered by either the Civil Aviation Administration of China or China's Taiwan Affairs Office. Kinmen Airport mainly offers domestic flights, but also charters to international airports. China's government has refused to speak with Taiwan President Lai Ching Te, calling him a "separatist". Taiwan officials are concerned that China may try to exert control over Kinmen through a development plan which will be unveiled early next year. They see Xiamen airports as a potential part of this plan. Taiwan and China have had previous clashes over the safety of flights around Taiwan's offshore island, as well as China's opening new flight routes through the Taiwan Strait. Taipei also denounced this move by China to be unilaterally made without consultation. Taiwan controls the Kinmen and Matsu Islands, located just off the coast of China, ever since the defeated Republic of China fled to Taipei after losing the civil war against Mao Zedong’s communists in 1949. Reporting by Ben Blanchard, Editing by Raju Gopikrishnan
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Industry letters indicate that India's stricter green energy rules could hurt clean energy investments
A review of industry correspondence on Wednesday revealed that India's proposed rules, which would require renewable energy producers to adhere strictly to their green energy promises to the grid, will squeeze company earnings and reduce investment in the sector. In its draft, published in September 2025 by the Central Electricity Regulatory Commission(CERC), tighter regulations were proposed for wind and solar energy producers under the Deviation Settlement Method. The new framework will gradually reduce the gap between what electricity producers promise to provide and what they actually produce. The formula for calculating these deviations is being revised starting April 2026. Each year, the tolerance margin will shrink, until 2031, when renewable generators are treated the same as conventional power plants. As renewables make up a greater share of India's electricity mix, the goal is to encourage renewable generators improve their forecasting accuracy and schedule to ensure grid discipline and reliability. Industry groups have warned that the proposed rules could harm wind energy projects as they depend on "unpredictable weather" unlike solar, gas and coal-fired plants which can modulate output. The Wind Independent Power Producers Association, in a letter sent to the CERC and reviewed by, stated that "these penalties could result in huge losses, particularly for older projects which were built under different regulations." According to the group, some wind power projects may lose as much as 48% of revenue. The body filed a lawsuit in April to challenge the regulations of last year on deviations in power supply and planning. They argued that the proposed modifications could lead to a substantial financial burden for developers. In a letter sent to the CERC by the National Solar Energy Federation of India (NSEF), the group warned that the new rules could undermine the viability of projects and discourage future investments into India's clean-energy sector. India wants to expand its renewable energy base. It aims to double the non-fossil power capacity of India to 500 gigawatts, as part its energy transition goals. (Reporting and editing by Sethuraman Nandy).
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UPS plane crashes in Kentucky: injuries reported
The Federal Aviation Administration reported on Tuesday that a UPS plane crashed shortly after takeoff in Louisville, Kentucky, en route to Honolulu. Local police confirmed the crash and said there were injuries. The FAA released a statement that "UPS Flight 2876 crashed at around 5:15 pm local time, on Tuesday, November 4, after departing the Louisville Muhammad Ali International Airport (Kentucky)", according to the FAA. UPS confirmed that one of its aircraft had been involved in an accident near Louisville, Kentucky. It has not yet confirmed any injuries. UPS Worldport is located at the airport. It's a hub for UPS's global air cargo operations, and it has the largest package handling facility on the planet. WLKY-TV a local CBS affiliate broadcast live aerial footage of the scene as night fell. The red-orange glow from the fires that were ignited by the crash on the ground spread across nearly a mile. The Louisville Metro Police Department responded to reports that a plane had crashed and injuries were reported. "Kentucky we are aware that there has been a reported crash near the Louisville International Airport. We will provide more information when we have it. Please pray for all those affected, including the crew of the plane and pilots. Andy Beshear, Kentucky Governor, said that he would be sharing more information soon on X. Reporting by Gnaneshwarrajan in Bengaluru; David Shepardson, in Washington; Chris Thomas, in Mexico City, and Steve Gorman, in Los Angeles. Editing and production by Nia William and Jamie Freed).
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Air Canada narrows 2025 core profit forecast amid US travel decline
Air Canada has lowered its core profit forecast for 2025 after reporting lower third quarter profit on Tuesday. The airline is grappling with the waning travel demand to the U.S. due to trade tensions. The largest Canadian airline expects adjusted full-year earnings before interest taxes, depreciation, and amortization will be between C$2,95 billion ($2,10 billion) to C$3,05 billion. This is compared to its previous forecast of C$2.9 to C$3.1. Travel between Canada and the U.S., which is a cross-border activity, has been significantly reduced this year. This was due to President Donald Trump's tariffs that were imposed on Canadian imports. These steep tariffs caused a backlash across the country. The Canadian carrier was also hit by a major shut down in the third quarter after almost 10,000 flight attendants went on strike for better pay and compensation for "groundwork" that wasn't paid. Air Canada's entire fleet was grounded after the four-day strike, which violated an order from the government to return to work. This resulted in thousands of cancelled flights, a severe disruption of operations, and a significant loss of revenue. Last month, the airline cut its financial projections for the year and quarter to reflect the impact of the strike. Air Canada reported that it incurred labor charges and a pension cost of C$173,000,000 in the third quarter. These included costs related to a tentative agreement with the Canadian Union of Public Employees. The company's adjusted profit for the third quarter was C$223,000,000, or 75 Canadian Cents per share. This compares to C$969,000,000, or C$2.57 each share, one year ago. The total operating revenue for the period was C$5.77billion, down from C$6.11billion in the previous year. (1 Canadian dollar = 1.4024 dollars) (Reporting and editing by Sriraj Kalluvila in Bengaluru, Shivansh Tiwary in Bengaluru)
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CANADA-CRUDE-Discount on Western Canada Select narrows
On Tuesday, the discount between West Texas Intermediate and Western Canada Select futures (the North American benchmark) narrowed. CalRock reported that WCS for Hardisty, Alberta December delivery settled at $11.05 per barrel below the U.S. benchmark WTI. This is compared to the close on Monday of $11.10. Martin King, RBN Energy analyst, said: "The bidding for Canadian crude is very strong. The result has been tighter differentials than usual for this time of the year." King stated that the Chinese continue to be the largest buyers of Canadian crude oil via the Trans Mountain Pipeline. King said that the buying of Canadian barrels to re-export from the Gulf Coast was also stronger than normal in response to additional sanctions against Russia. The oil prices fell on Tuesday due to weaker manufacturing data and a stronger US dollar. The OPEC+'s decision to pause production increases in the first quarter next year may be a sign that the group is concerned about a possible supply glut. (Reporting from Amanda Stephenson, Calgary; Editing Shilpi Magumdar)
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Matson has paid over $6.4 million to China in port charges since the levies began in October
Matt Cox, the CEO of U.S. ocean-shipping company Matson, said that since October 14, Matson had paid $6.4m in port fees to China. Last week, President Donald Trump agreed with President Xi Jinping to put these tit-fortat levies in pause for a year starting November 10. China's media reported that Hawaii's Matson, which is one of a few global shipping companies with U.S. built and -flagged ships, was the first company to pay these fees. Cox, Matson's CEO, said that the U.S. trade representative and the China Ministry of Transport will soon publish detailed instructions, as well as any refund programs regarding port entry fees. The Trump administration announced early this year that it would levy fees for China-linked vessels to weaken the country's grip over the global maritime sector and boost U.S. Shipbuilding. However, vessel operators were concerned about the impact of the move on trade and the cost to consumers. China responded by imposing fees on vessels with links to the United States. They began charging these fees on October 14, the same date that the U.S. fees came into effect. Cox called the agreement between the world's two largest economies a "welcome development". It also reduced U.S. duties on Chinese products and suspended China's export restrictions on rare earths. Cox stated that if the levies hadn't been suspended, Matson would have had to pay $80 million in port fees annually between 2026 and 2027. Analysts said that the state-owned COSCO shipping line in China was most vulnerable to U.S. Port fees. This could cost them $1.5 billion per year. (Reporting and editing by Chris Reese, Matthew Lewis and Lisa Baertlein)
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Pope calls on US to 'deeply reflect' about treatment of migrants under Trump
Pope Leo said that the spiritual needs and concerns of migrants in detention must be taken into consideration. The pope, speaking to reporters at Castel Gandolfo outside Rome, was asked what he thought about immigrants who were being held in a federal facility near Chicago in Broadview and denied the chance to receive Holy Communion, a religious obligation. Leo, originally a Chicago native, cited Matthew’s Gospel, Chapter 25. "Jesus said very clearly that at the end of time, we will be asked how you received the foreigner. Did you welcome and receive him? "I think there needs to be a serious reflection on what is happening," said the pontiff. "Many people have been affected deeply by what is happening right now, even though they've been living for years without causing any problems," he said. Leo, first U.S. Pope, has previously condemned the federal government’s treatment of immigrants caught in a crackdown which has caused cities to be roiled across the country. He said that Tuesday, in reference to Broadview's detainees, the spiritual rights of the prisoners must be taken into consideration. He said, "I'd invite the authorities to let pastoral workers attend to those people's needs." They've often been away from their families for some time. No one knows, but it's important to attend to their spiritual needs. On November 1, the Catholic feast day of All Saints (November 1), a delegation of clergy including a Catholic Bishop tried to bring holy Communion to the inmates, but was denied entry to the facility. The detainees were part of Trump’s hardline strategy in Chicago where, according to the U.S. Department of Homeland Security, more than 3,000 individuals have been held. Leo was elected in May as the successor to the late Pope Francis. He has a more reserved style, but he has started criticizing Trump's administration more publicly, provoking a backlash among prominent conservative Catholics. In his first document of importance, published on October 9, he appealed to the world to assist immigrants and cited one of Francis’ strongest criticisms of Trump. Leo, in response to questions from reporters on Tuesday, also criticized the U.S. Government's decision to send warships into the waters around Venezuela. He said that the role of the armed forces is to "defend peace", whereas Trump's action was "increasing conflict." "We will not win by violence. The (right) way is to seek dialogue, and to find the correct solutions to problems that may exist in a nation." (Reporting and writing by Yeshim Dikman; editing by Alistair Bell).
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The Canadian budget: Key measures proposed
On Tuesday, the Canadian government unveiled its first budget under Prime Minister Mark Carney. The budget proposes a number of key measures. INVESTMENTS The government proposes to invest a total C$280 billion over the next five-year period. This includes C$115 billion for infrastructure, C$110 in productivity and competition, C$30 in defense and security, and C$25 in housing. Increased Defense Spending The government will spend C$81.8billion over 5 years to improve recruitment, repair infrastructure, and invest in military technologies. This money does not include the funds planned for fighter jets or submarines. SAVINGS The government will save C$60 billion over the next five years. This is in part due to reducing federal civil service by 10 percent, or 330,000 employees, by the end 2028/29. It also includes improving tax collection, and cutting foreign assistance. Regulation of stablecoins will be introduced by the government. Issuers will be required to manage and maintain adequate assets reserves, set up redemption policies, and protect personal data. Stablecoins, which are digital tokens with a fixed value in relation to a regular currency (mostly the dollar), are backed up by assets such as the currency or T-bills and Treasuries. OPEN BANKING The government is introducing legislation to encourage consumer-driven banking in an effort to help people better manage their finances and open up new banking options. IMMIGRATION LEVELS REDUCED Starting in 2026, permanent resident admissions targets will be trimmed from 395,000 to 380,000 for three years. The share of economic migrants will also increase from 59% up to 64%. The new plan also lowers the target for temporary resident admissions, from 673.650 in 2025, to 385,000 by 2026 and 370,000 by 2027 and 2028. IMPROVING THE OUTPUT AND USE OF ENERGY The government will increase tax incentives for all new capital investment, which will make it more appealing to invest in machinery. The government is proposing to reinstate accelerated capital costs allowances, but only on low-carbon equipment. The government will spend C$2 billion in five years on a Critical Minerals Sovereign Fund, which will invest strategically in critical mineral projects and companies. This includes equity investments and guaranteeing loan payments. (Reporting and editing by Deepa Babyington, with David Ljunggren)
Rubio to take up Trump's Panama gambit, migration crusade in Latam see
When Marco Rubio shows up in Latin America this weekend on his first foreign trip as Donald Trump's secretary of state, he'll find an area reeling from the new administration's shockandawe approach to diplomacy.
In the first days of Trump's second term, the new president has actually doubled down on his objective to reclaim the Panama Canal, irate Brazilians by returning migrants in shackles and briefly enforced crushing sanctions and tariffs on Colombia in a tussle over deportee flights.
Rubio's very first stop will be Panama City as the Trump administration shifts back Washington's focus to Latin America, aiming to counter the currently extensive Chinese influence in the region and stem migration.
The first Latino secretary of state, Rubio, has already showed that the State Department will be instrumental in assisting Trump attain his policy to suppress mass migration and the topic will be front and center as he continues on to El Salvador, Costa Rica, Guatemala and the Dominican Republic.
The Trump administration has stepped up deportations, sending migrants in military airplane to Latin American nations, including Guatemala. The flights triggered a short spat with Colombia on Sunday after President Gustavo Petro refused to allow 2 military planes to land, in the past later accepting send out Colombian aircrafts to bring back deportees.
Kevin Whitaker, a previous U.S. ambassador to Colombia, stated Trump's immediate imposition of tariffs in addition to hardly ever utilized sanctions and visa constraints against Colombia, a longstanding U.S. ally, in reaction signified to countries in the region how seriously the Trump administration is taking migration.
The message it sent is how prepared the Trump administration is to use these tools, Whitaker, now at the Atlantic Council believe tank, stated in a call with reporters.
Trump has actually shown he wishes to reassert U.S. supremacy over the Western Hemisphere, stating Washington also needs to manage Greenland, an autonomous area of Denmark - a goal steadfastly declined by Danish and Greenland officials - together with his threats over the Panama Canal.
Rubio, the kid of Cuban immigrants and a proficient Spanish speaker, is a longtime hawk on Cuba and Venezuela policy.
During Trump's very first term, he was a driving force behind a. rollback of predecessor Barack Obama's historical rapprochement. with Cuba and also played a major role in crafting a optimum. pressure campaign versus Venezuela, consisting of sweeping. sanctions on the OPEC nation's energy sector.
MIGRATION FOCUS
Instantly after taking workplace, Trump declared a nationwide. emergency at the U.S.-Mexico border, banned asylum for people. running away dispute in their home nations and issued an order. that attempts to obstruct the children of some immigrants from. becoming U.S. people.
Rubio quickly took up the mantle.
Our diplomatic relations with other nations, especially. in the Western Hemisphere, will focus on securing America's. borders, stopping unlawful and destabilizing migration, and. working out the repatriation of prohibited immigrants, Rubio stated.
Rubio could use his journey to press so-called 3rd nation. contracts, in which countries accept residents of other countries. deported by the U.S., in addition to smoothing the method for more. flights returning migrants to their own countries, specialists said.
Cuba and Venezuela have wintry relations with the U.S. and. have actually restricted the variety of deportees they will accept, so Trump. will likely require to discover other countries to take them--. possibly consisting of some countries on Rubio's itinerary.
These are the places Trump probably thinks he can press. into taking these deportees from other countries, stated Will. Freeman, a fellow for Latin America studies at the Council on. Foreign Relations.
CHINA TENSION
Rubio's talks with Panama will take place in the shadow of. Trump's threats. The president throughout his inauguration promised. that the United States would take back the Panama Canal however has. given no information on when or how he intended to reclaim the. strategic waterway - which is sovereign area of a close. partner.
Trump has lashed out at charges U.S. shipping pays to utilize the. canal however seems most animated by the participation of a Chinese. company in its operations. The State Department's representative. stated the trip would partially have to do with countering China in the. area.
At his Senate confirmation hearing this month, Rubio said it. could be argued that the terms of the U.S. agreement with Panama. that the canal can not be committed a foreign power had been. breached since of the participation of Chinese companies.
A foreign power today possesses through their business,. which we know are not independent, the capability to turn the canal. into a choke point and a moment of dispute. And that is a. direct danger to the national interest in security of the United. States, Rubio stated.
U.S. senators on Tuesday participated in expressing alarm over. China's role in the canal, consisting of a Chinese business's deal with. a bridge throughout the canal, and stated it postures dangers to U.S. national security.
The Panamanian federal government has emphatically rejected ceding. operation of the strategic waterway to China and insists it. administers the canal fairly to all shipping.
On Thursday, Panamanian President Jose Raul Mulino ruled out. going over control over the canal with Rubio. I can not. work out and much less open a process of negotiation on the. canal, he informed press reporters. That is sealed. The canal comes from. Panama.
Isaac Kardon, senior fellow for China research studies at the. Carnegie Endowment for International Peace stated he believed. there was space for arrangement-- something that would please. Trump as a win without being disruptive.
I picture Rubio is going to be far more nuanced and I. believe there's a little bit of an excellent police, bad police design of. diplomacy underway, Kardon stated.
Critics have accused Trump of modern-day imperialism in his. hazards over the canal and Greenland, suggesting such rhetoric. could motivate Russia on its war in Ukraine and offer. justification to China if it chooses to invade self-ruled. Taiwan.
China has in current years gained financial and diplomatic. impact in Central America, where countries consisting of Panama. have in recent years stopped acknowledging the democratically. governed island of Taiwan, falling in line with Beijing's view. that Taiwan is China's area.
(source: Reuters)