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UNCOVERED: 2 - Caught on Camera

China’s paper-tiger alliance shows the US can’t isolate Iran

Donald Trump's economic strategy against Iran faces significant global challenges. Treasury Secretary Bessent's "with us or against us" stance echoes past policies. However, the world in 2026 is different from 2001, with shifting alliances. The Shanghai Cooperation Organization now balances US power and supports Iran. This new global order means…

The Economic Times

US urges G20 countries to allow AI training on creators' work

The United States urged G20 nations to create rules for AI training on copyrighted works. Major American tech firms face lawsuits over using creator content for AI development. Commerce Secretary Howard Lutnick advocated for "fair use" principles to protect artists. The Justice Department supported OpenAI's use of copyrighted material for…

The Economic Times

Trump administration sides with OpenAI in lawsuit against New York Times

The Times and many companies are accusing OpenAI of misusing their material to train AI systems without compensation

The Guardian - US

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Trump Wants The World To Follow America's AI Playbook. His Own Team Is Still Fighting Over It.

Commerce and the White House tech policy office are competing for influence as Washington urges G20 countries to take a lighter approach to AI regulation.

International Business Times

Elon Musk States Artificial Intelligence Will Be 'Stockfish-Level' Good Making Competition Impossible

Elon Musk tells the G20 Summit that AI could add 20 to 30 trillion dollars a year to the global economy and soon outclass humans at writing software.

International Business Times UK

US and AI bosses ask G20 not to regulate AI because it could hurt America's bottom line

The Carolina Principles call for existing laws to be applied to AI wherever possible, and China has reportedly signed up.

TechRadar

Scott Bessent exposes China as sole nation resisting the global plan to block cheap exports

Treasury Secretary Scott Bessent said Tuesday that 19 of the members of the G20 had agreed to address streams of “cheap exports”

The Independent UK

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Nirmala Sitharaman pushes trade, investment ties in G20 meetings with key partners

Union Finance Minister Nirmala Sitharaman met global leaders during the G20 meeting. She discussed trade and investment cooperation with World Bank President Ajay Banga. Sitharaman also spoke with IMF Managing Director Kristalina Georgieva about economic outlook. Discussions with Poland and Qatar covered expanding bilateral partnerships and trade. Engagements aimed to…

The Economic Times

Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissented

Treasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which aims to curb global economic imbalances. Bessent urged other nations to adopt measures similar to the Trump administration's trade policies. He also previewed upcoming discussions between President Trump and President Xi…

The Economic Times

Mark Zuckerberg, Elon Musk make plea at G20 for more AI data centers

Mark Zuckerberg and Elon Musk on Tuesday stressed the need for more AI data centers and the electric power needed to support them at a meeting of G20 technology ministers focused on the disruptions and opportunity brought by artificial intelligence. In separate remarks, Tesla and SpaceX chief Musk stressed the…

The Economic Times

G20 backs final statement despite Russia tensions, China dissent

G20 finance leaders wrapped up two days of talks in Ashville, North Carolina, on Tuesday with broad backing for a final statement, despite tensions over Russia’s participation and divisions with China. US Treasury Secretary Scott Bessent said Moscow’s presence had not disrupted discussions, as ministers also grappled with the war…

France 24

Scott Bessent pitches Trump-inspired finance competition at G20 ministers meeting

Critics of Bessent’s efforts argue that the problem is less about people not knowing how to invest and more about them not having enough spare income to do so

The Independent UK

Bessent pitches US-backed financial literacy competition to world's largest economies

Treasury Secretary Scott Bessent is pitching a financial literacy campaign to the world's largest economies

The Independent UK

Bessent says G20 countries should also use tariffs to protect their industries from cheap imports

Treasury Secretary Scott Bessent says he’s urging his G20 counterparts to take a page from the Trump administration’s playbook of using tariffs to crack down on trade imbalances

The Independent UK

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The Economic Times

US pushes G20 to cut trade imbalances, focus on China

G20 members face stalled talks on global trade and fiscal imbalances. United States officials are urging higher barriers on Chinese goods to rebalance economies. China's massive export push and subsidies are pressuring global markets and economies. European officials also acknowledge China's role and the need for global adjustments. Discussions continue…

International Business Times UK

Andrew Bailey Warns G20 That Retail Investors Buying Leveraged ETFs Could Worsen Market Sell-Offs

Andrew Bailey's warning to the G20 about the risks of leveraged ETFs and AI-driven market volatility. Understand the potential impact on UK savers and the global economy.

International Business Times

AI Can Now Launch Cyberattacks Faster And For Less. Bank Of England Chief Says Financial Markets Could Pay The Price.

UK regulators say some frontier models can already outperform skilled cyber professionals on certain tasks, while financial firms are being told to patch vulnerabilities faster and prepare for simultaneous attacks.

The Economic Times

US may announce new Iran bank sanctions this week, next week: Scott Bessent

US Treasury Secretary Scott Bessent revealed plans for new sanctions targeting Iran-linked banks soon. The department is also investigating airline leasing companies as part of its campaign. These actions aim to increase financial pressure on Iran amid heightened geopolitical tensions. The US is coordinating these efforts with international allies and…

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Barchart

As US Bond Selloff Accelerates, Treasury Secretary Scott Bessent Says a Stronger Yen is Coming

Japan is the largest international holder of US Treasury bonds, and Bessent weighed in on Tokyo’s monetary policy during the G20 summit.

Radio France Internationale

Russia’s return to G20 talks unsettles Europe as Iran and trade tensions loom

Russia's presence at the opening of G20 meetings in North Carolina sparked pushback from Europe on Monday, adding fresh tension to talks already clouded by the Iran war and US President Donald Trump's trade policies.

International Business Times

Russia Reportedly Raised Areas Of Cooperation With The U.S. During The G20. Bessent Said No As Long As The War Continues.

Treasury Secretary Scott Bessent ruled out any economic relief for Moscow or any development in relations while the war continues.

The Guardian - UK

UK long-term borrowing costs could halve chancellor’s budget headroom

Yield on 30-year gilts highest since 1998 as rout triggered by global factors underlines tricky backdrop John Healey faces

The Independent UK

Trump faces huge backlash for inviting Russian finance minister to G20 talks after years of exile

Anton Siluanov last attended the meeting via video link in April 2022, prompting Western officials to walk out

Euronews

Japan's 10-year yield hits 3%, a first since 1996 as rate hikes dominate the G20

Japan's 10-year government bond yield touched 3% on Tuesday for the first time since 1996, part of a deepening global sovereign debt sell-off, while US Treasury Secretary Scott Bessent used the G20 finance meeting to press Tokyo for faster rate hikes.

The Economic Times

Fed Chair Warsh sees global investment surge replacing savings glut

Fed Chair Kevin Warsh told G20 finance leaders that the global economy may be shifting from a savings glut toward an investment boom, driven partly by AI spending. Stronger investment and productivity could boost growth, but reduced Treasury demand, higher yields and potential inflation pressures may complicate monetary policy decisions.

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