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THE GRAPHIC TRUTH: CHINA’S SINS OF EMISSION?

Efforts to prevent the possibly catastrophic consequences of climate change may well depend on cooperation between today's two biggest geopolitical rivals: the US and China. Once the world's top polluting nation, the US has been eclipsed in recent years by China. Here's a look at the global share of CO2 emissions in 1980 vs. 2016.

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Smoke billows from southern Lebanon, following Israeli strikes, as seen from Nabatieh, Lebanon, June 4, 2026.
REUTERS/Stringer

Lebanon and Israel signed a ceasefire, but Hezbollah didn't, and that is a problem. With Netanyahu under pressure to escalate, Trump searching for a face-saving exit, and Iran unmoved by US muscle-flexing, the deadlock shows no signs of breaking.

US President Donald Trump listens to a question from a reporter prior to signing an executive order on AI next to Sriram Krishnan, Senior White House Policy Advisor on Artificial Intelligence, US Sen. Ted Cruz (R-TX), US Commerce Secretary Howard Lutnick, and David Sacks, chair of the President's Council of Advisors on Science and Technology, in the Oval Office at the White House in Washington, D.C., USA, on December 11, 2025.

REUTERS/Al Drago

Artificial intelligence and Donald Trump's foreign policy are creating huge tail risks for markets.