Zero Hedge

G20 In South Africa Ends With A Whimper After Trump Snubs Event

G20 In South Africa Ends With A Whimper After Trump Snubs Event

South Africa is back in the news yet again, and facing embarrassment yet again.  South Africa's far-left government was hoping that the G20 Summit held this week in Johannesburg would elevate the country's global position and garner them international attention (and funding).  It is the first time in history that the G20 has been held in South Africa.    

However, the Trump Administration has made it clear that the South African event is a nothing-burger and the real G20 will be held in the US (in Florida) in 2026.  The meeting was not only snubbed by Trump; China, Russia, Argentina, Mexico and Indonesia did not send representatives either, likely because the summit had no momentum without US participation. 

Confusion arose when SA President Cyril Ramaphosa spread rumors that the US was actually participating in the talks, leading the media to suggest Trump had flip-flopped

When asked about the alleged shift, Press Secretary Karoline Levit accused Ramaphosa of 'running his mouth' about the US and spreading misinformation.  No such change had occurred and the US did not attend the talks.  This is yet another example of Ramaphosa making claims which end up being easily debunked.

A primary contention over the event was the highlighting of the global warming and carbon taxation agenda, which Trump has repeatedly called out as a fraud.  For countries like South Africa, however, the climate change issue has the potential to become highly lucrative.

The UN, the WEF and many other globalist institutions have called for carbon taxation as a form of wealth redistribution from wealthy nations to third world nations.  Carbon taxes are sometimes referred to as "climate reparations" that could greatly enrich countries with less substantial industry (carbon footprint).  The carbon scheme is in fact nothing more than another cash grab by global elites, using the "plight" of the third world and unfounded fears of climate oblivion as justifications for centralized carbon taxation and worldwide socialism.

South Africa is facing deepening economic decline, with a 32% unemployment rate and imploding infrastructure (due to lack of proper maintenance over the span of decades), the country was already in dire straits when Trump entered office. 

Trump made South Africa's anti-white policies (145 race based laws that undermine the rights of white citizens) and land confiscation laws international news. He then crushed President Cyril Ramaphosa on live TV with videos of communist political groups calling for the mass murder of white farmers (Boers) after Ramaphosa denied such a problem existed. 

The end of the insidious USAID organization and cuts to foreign funding have further eroded SA's economy.  Now, their first ever G20 event is opening with a whimper of empty resolutions and missing world leaders. 

Tyler Durden Mon, 11/24/2025 - 02:45

Why'd Kazakhstan Join The Abraham Accords When It Already Recognizes Israel?

Why'd Kazakhstan Join The Abraham Accords When It Already Recognizes Israel?

Authored by Andrew Korybko via Substack,

Many observers were surprised after Kazakhstan joined the Abraham Accords during President Kassym-Jomart Tokayev’s trip to DC to attend the latest C5+1 Summit since it’s already recognized Israel since 1992.

The Presidential and Foreign Ministry websites shed more light on this decision.

The first wrote that “By joining the Abraham Accords, Kazakhstan seeks to contribute to overcoming confrontation, promoting dialogue, and supporting international law based on the principles of the UN Charter.”

It added that “The decision of Kazakhstan does not affect the country’s bilateral commitments with any state and represents a natural continuation and manifestation of its multilateral diplomacy aimed at promoting peace and security.”

The second echoed this message: “This important decision was made solely in the interests of Kazakhstan and is fully consistent with the nature of republic’s balanced, constructive, and peaceful foreign policy.”

Their statement then concluded as follows: “Joining the Abraham Accords will contribute to strengthening our country’s cooperation with all interested states and, therefore, is fully in line with Kazakhstan’s strategic goals. Kazakhstan will continue to firmly advocate for a just, comprehensive, and sustainable settlement of the Middle East conflict based on international law, relevant UN resolutions, and the principle of ‘two states for two peoples.’”

Accordingly, the official explanation is that this purely symbolic move was meant to signal support for a “two-state solution” and bolster Kazakhstan’s multi-alignment policy, but there’s actually more to it. This was indisputably intended to appeal to Trump, thus raising Tokayev’s profile in his eyes, and coincided with the raft of deals that they agreed to. This importantly includes a MoU on critical minerals that was assessed here as putting pressure, unintended by Kazakhstan but deliberate by the US, on Russia.

The above preceded Tokayev’s trip to Moscow to meet with Putin, the purpose of which was to reassure Russia that Kazakhstan isn’t siding with the US against it, but it’s now clear that Kazakhstan is more actively relying on the US for balancing Russia. It’s this trend, which isn’t new but is now taking on a qualitatively different form due to how the new TRIPP Corridor is expected to intensify US-Kazakh ties and Tokayev doing a personal favor for Trump by joining the Abraham Accords, that’s most newsworthy.

It was earlier warned that “The West Is Posing New Challenges To Russia Along Its Entire Southern Periphery”, which Russia is aware of as proven by Foreign Minister Sergey Lavrov’s recent remarks to this effect, and that “A US Think Tank Considers Kazakhstan To Be A Key Player For Containing Russia”. Nevertheless, Kazakhstan is still a member of the Russian-led CSTO military bloc and the EAEU economic one, but it’s understandable if Putin might soon begin to wonder about Tokayev’s long-term intentions.

Azerbaijan just announced that its armed forces now conform with NATO standards, and if Kazakhstan one day tries to follow suit, then Russia’s threat assessment would spike. Tokayev hasn’t signaled any such plans, but by doing a personal favor for Trump by joining the Abraham Accords, he likely expects him and the US to have his back if he ever decides to do so and this leads to a crisis with Russia. Therein lies the real significance of what he just did, which lends credence to concerns about his intentions.

Tyler Durden Mon, 11/24/2025 - 02:00

Taiwan Minister Says 'Consensus' Reached With US To Shield Chips From Tariffs

Taiwan Minister Says 'Consensus' Reached With US To Shield Chips From Tariffs

Authored by Aldgra Fredly via The Epoch Times (emphasis ours),

Taiwanese National Science and Technology Council Minister Wu Cheng-wen said that Taiwan and the United States have reached a “consensus” to keep tariffs off Taipei’s semiconductor industry.

The Taiwan Semiconductor Manufacturing Company Ltd. headquarters in Hsinchu, Taiwan, on Oct. 20, 2021. AP Photo/Chiang Ying-ying, File

In a Financial Times interview published on Nov. 20, Wu said that Taiwan will support the United States in building its chip industry, and in return, the United States will offer tariff relief for the island’s semiconductor sector.

Of course, there’s the recipes of how to make the chips, but it’s also about the science park management, attracting companies, integrating academic research with industry,” Wu told the news outlet. “No other country has done what we have done.”

Wu did not provide details about the consensus that was reached.

Taiwanese Economic Minister Kung Ming-hsin told reporters on Nov. 22 that Taiwan has not finalized any trade agreement with the United States yet, but he noted that Taiwan’s negotiators are “working hard on it,” local media reported.

Taiwan hopes to secure a deal with the Trump administration that would ease the current 20 percent U.S. tariffs on its exports. U.S. President Donald Trump in August threatened tariffs of up to 300 percent on chip imports.

Wu said that Washington is unlikely to impose such high tariffs on Taiwan’s semiconductors because the administration understands that “punishing Taiwan is not in their interests.”

Taiwan’s dominant role in global chip manufacturing, led by chipmaker Taiwan Semiconductor Manufacturing Co., has been labeled as a deterrent against the Chinese regime’s military aggression, a concept known as the “silicon shield.”

Wu said in the interview that Taiwan was looking to create a “second silicon shield” in areas such as drones, robotics, and medical technology to diversify its strategic assets beyond chips.

However, Wu noted that Taiwan intends to keep its cutting-edge research and development within the island, citing potential security concerns if the sector were relocated overseas.

“If we move our [research and development] overseas, it’ll be dangerous for us,” he said. “New weapons and defense systems rely on advanced chips.”

The White House has not publicly commented on Wu’s remarks.

U.S. Commerce Secretary Howard Lutnick told NewsNation on Sept. 27 that the two sides have discussed producing equal shares of the semiconductor chips required to meet U.S. demand.

Washington wants Taiwan to move half of its semiconductor production to the United States, Lutnick said. Ultimately, the goal is for the United States to capture at least 40 percent of the semiconductor market, which would require $500 billion in domestic investment, he said.

“That has been the conversation we had with Taiwan, [telling them] that ‘you have to understand it’s vital for you to have us produce 50 percent,’” he said.

In response to Lutnick’s comments, the Office of Trade Negotiations of Taiwan’s Executive Yuan, the highest administrative organ in Taiwan, said that it would exercise prudence in trade negotiations with the United States, according to Taiwanese media outlets.

Frank Fang contributed to this report.

Tyler Durden Sun, 11/23/2025 - 23:55

Hamas Threatens 'Ceasefire Is Over' Amid Rising Israeli Airstrikes

Hamas Threatens 'Ceasefire Is Over' Amid Rising Israeli Airstrikes

Hamas is threatening the collapse the US-backed ceasefire after a series of Israeli airstrikes and a rising death toll in Gaza over much of the past week. However, Israel's military in fresh Sunday statements has said it is Hamas terrorists repeatedly violating the truce.

"The agreement is over and [Hamas] is ready to fight," Hamas sources have been cited in regional outlets as saying. Hamas has reportedly communicated its stance to US Middle East envoy Steve Witkoff, that it is ready to end the ceasefire.

Via Reuters

But Israeli media in follow-up stated, "Hamas later that evening stated that Israeli reports that it had told Witkoff that the ceasefire was over were not true. Senior Hamas official Mousa Abu Marzook also confirmed to the Qatari outlet Al Jazeera Mubasher that the terror group had not ended the ceasefire."

The ceasefire is clearly as fragile as it has ever been since taking effect on October 10:

An American source told Walla that "Hamas has not given up yet, but has made it clear that it will not be able to accept any more Israeli attacks. Gaza will not be Lebanon for them, and I hope we can contain the situation." —Jerusalem Post

Israel's military has accused terrorists of breaching the so-called Yellow Line which demarcates a truce 'do not cross' zone; but meanwhile Hamas has asserted Israeli occupation is committing a flagrant breach by steadily moving the 'Yellow Line' westward.

Gaza officials have said that the significant and rising death toll since the ceasefire took effect shows it is Israel doing the violating:

Israel has violated the United States-brokered Gaza ceasefire at least 497 times in 44 days, killing hundreds of Palestinians since the ceasefire came into effect on 10 October, according to the Gaza Government Media Office.

Some 342 civilians have been killed in the attacks, with children, women and the elderly accounting for the majority of the victims.

But Israeli officials and media have rejected this narrative, and have instead said that "On Saturday, a Palestinian gunman crossed the ceasefire line and opened fire on Israeli troops in Gaza’s south, leading to IDF strikes in the Strip."

Saturday alone saw some 24 Palestinians killed in a series of renewed Israeli airstrikes across the Strip. Washington has urged restraint and for both sides to observe the ceasefire, but Trump officials have also conceded that Israel has the right to act in specific instances where its troops in Gaza come under attack.

Tyler Durden Sun, 11/23/2025 - 22:45

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