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What We’re Watching: US and Japan sign rare earths deal, Bill Gates softens on climate, world’s oldest leader declares victory

​U.S. President Donald Trump, alongside Japanese Prime Minister Sanae Takaichi, speaks to the country's military personnel aboard the aircraft carrier George Washington at the U.S. Navy base in Yokosuka, Kanagawa Prefecture, eastern Japan, on Oct. 28, 2025.

U.S. President Donald Trump, alongside Japanese Prime Minister Sanae Takaichi, speaks to the country's military personnel aboard the aircraft carrier George Washington at the U.S. Navy base in Yokosuka, Kanagawa Prefecture, eastern Japan, on Oct. 28, 2025.

Kyodo

Trump signs deals in Tokyo

US President Donald Trump and Japan’s new Prime Minister Sanae Takaichi signed a critical minerals deal and Tokyo pledged $550 billion of fresh investment in the US, as well as purchases of American pickups. Trump heaped praise on Takaichi, Japan’s first female leader, who is a conservative China hawk and a protegé of slain former PM Shinzo Abe, a Trump pal. Takaichi called for Trump to win the Nobel prize. The dealmaking bonhomie smoothed rocky relations between the US and its longstanding ally Japan. Trump’s next Asia stop is in South Korea tomorrow, ahead of a crucial Thursday summit with Chinese President Xi Jinping. A mooted meeting with North Korean leader Kim Jong Un appears not to be in the cards.


Bill Gates changes his tune on climate change

A week before COP30 climate summit in Brazil, Bill Gates has cautioned against a “doomsday outlook” on climate change. Record scrrrratch – what? The global philanthropist, who has poured billions into the effort to slow global warming, now says we should focus more energy on tackling disease and poverty in the developing world instead. Gates’s focus has shifted in part because of the Trump administration’s moves to slash foreign aid budgets – he wants to fill the void left by defunct USAID programs. Earlier this year his flagship clean energy venture fund shuttered its climate policy group.

World’s oldest leader wins another term in Cameroon

Who’d have guessed it? Cameroon’s 92-year-old President Paul Biya was elected to an eighth seven-year term in office, after he was finally declared the victor of the West African country’s October 12th election on Monday. Biya officially won 53.7% of the vote, against just 35.2% for opposition leader Issa Tchiroma Bakary – who had declared victory last week. Biya’s victory claim has prompted violent unrest in the oil-rich nation, including in Bakary’s hometown of Garoua. The protests had been expected to continue Tuesday, but a combination of bad weather and a fierce crackdown appear to have kept demonstrators at bay for now.

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