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Decoupling with China carries risk of major disruptions: Rio Tinto chairman

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Decoupling with China carries risk of major disruptions: Rio Tinto chairman

2024-05-18 17:19 Last Updated At:17:47

Dominic Barton, chairman of leading global mining group Rio Tinto, warned against severing economic ties with China, saying it could lead to higher prices and slower development of new products and technologies, during an interview.

This comes as the White House announced on Tuesday new tariffs on imports of electric vehicles, solar cells and other clean-energy products from China, in a protectionist move widely believed to imperil the American ambition to enhance competitiveness and slash carbon emissions.

Many businesspersons are concerned that this newly announced tariff hike could damage global supply chains and lead to further decoupling of the U.S. from China.

During an interview with China Global Television Network (CGTN), Barton voiced his opposition to decoupling, calling it an impractical approach.

"I think there's some legitimate reasons for resilience in supply chains, and we learned that from COVID in a way, too. Everyone, every country wants to make sure they have some resiliency. But we also need to remember that the foundations of a lot of the growth we've had in the global economy and bringing hundreds of millions of people out of poverty, is because we've had global supply chains. So this idea that we're going to decouple is just ridiculous in my view. It's ridiculous and it'll have very severe consequences. We have to be very careful of that and how we think about that balance," he said.

Barton emphasized the importance of global collaboration for efficient and affordable production, especially in the shift toward sustainable energy and technologies.

"I think the challenge is we don't have a deep enough understanding, the common person like myself, of how supply chains work. We are incredibly linked in what we do. One of the consequences of a less global supply chain is higher inflation. It's just a fact. And higher inflation is not good for anyone," he said.

"Second thing is innovation. If we're going to make this energy transition, we need the materials. We also need to produce the equipment, the technology to be able to do the transition. The solar panels, the electric vehicles, the batteries, and it's in everyone's interest that we have the most efficient, low-cost way of doing it. And so these are factors that we need to make sure we keep in mind in a more politicized environment, because there are real consequences to changing that," Barton added.

Decoupling with China carries risk of major disruptions: Rio Tinto chairman

Decoupling with China carries risk of major disruptions: Rio Tinto chairman

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Israeli army may have repeatedly violated laws of war in Gaza: UN report

2024-06-20 02:18 Last Updated At:06:17

The Israeli Defense Forces (IDF) may have repeatedly violated fundamental principles of the laws of war in a series of prohibited indiscriminate attacks on Gaza, according to a report issued by the United Nations (UN) Human Rights Office on Wednesday.

Released during the 56th session of the UN Human Rights Council in Geneva, the report details six notable attacks targeting Gaza's residential buildings, a school, refugee camps, and a market between Oct 9 and Dec 2, 2023, which involved the suspected use of GBU-31, GBU-32 and GBU-39 bombs.

"The report details six emblematic attacks involving the suspected use of GBU-31s, or 2,000-pound bombs, GBU-32 1,000-pound bombs, and GBU-39, 250-pound bombs from the 9th of October to the 2nd of December 2023 on residential buildings, a school, refugee camps, and a market," said Jeremy Laurence, the spokesperson for the Office of the High Commissioner for Human Rights (OHCHR), at a press briefing in Geneva.

GBU-31, 32 and 39 bombs are mostly used to penetrate through several floors of concrete and can completely collapse tall structures. Given how densely populated the areas targeted were, the use of an explosive weapon with such wide area effects is highly likely to amount to a prohibited indiscriminate attack, the report finds.

The OHCHR has reported that at least 218 deaths have been confirmed as a direct consequence of the six attacks. However, it cautioned that the actual death toll is likely to be significantly higher.

"The report concludes that these Israeli strikes indicate that the IDF may have repeatedly violated fundamental principles of the laws of war. In this connection, it notes that unlawful targeting when committed as part of a widespread or systematic attack against a civilian population, in line with a State or organizational policy, may also implicate the commission of crimes against humanity," said Laurence.

The report also says that such unlawful targeting may also implicate the commission of crimes against humanity.

"Israel's choices of methods and means of conducting hostilities in Gaza since the 7th of October, including through the extensive use of explosive weapons with wide area effects in densely populated areas, have failed to ensure that they effectively distinguish between civilians and fighters," said Laurence.

"It became very clear to us that the nature of weapons that were used, especially on a wide area, that have a wide area effect, is extremely dangerous in the context of Gaza, and we have been saying this, in several reports and statements, that Gaza is a very densely populated area. And in these six incidents, we had sufficient information to demonstrate, the civilian casualties, both in terms of the deaths as well as injuries, and where we felt that the principles of international humanitarian law, particularly precaution, distinction, proportionality, were not necessarily followed," said Ajith Sunghay, an official with the OHCHR in the Occupied Palestinian Territory.

Although the report primarily focuses on Israel, it also highlights that Palestinian armed groups have continued to fire rockets indiscriminately towards Israel, inconsistent with their obligations under international humanitarian law.

Israeli army may have repeatedly violated laws of war in Gaza: UN report

Israeli army may have repeatedly violated laws of war in Gaza: UN report

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