Joe Biden will convene Pacific Island leaders for a major summit this year, as the US president seeks to mitigate the fallout from his decision to scrap a much-anticipated trip to Australia and Papua New Guinea designed to counter China’s assertiveness.
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Unless Congress raises or suspends the debt ceiling, the US could run out of money as early as June 1, upending global financial markets and risking a downturn as severe as the Great Depression. Biden was meant to travel to Australia to attend a Quad leaders’ meeting next week in Sydney, alongside Albanese, India’s Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida.
Biden’s trip to Papua New Guinea was particularly significant as it would have marked the first time a US president visited the island nation, and comes as China steps up its influence in the region.and Solomon Islands, which took place as the American delegation was en route to discuss the issue with Prime Minister Manasseh Sogavare’s government.The move sent shock waves through Washington, and sparked calls for the US to lift its game to help safeguard the area.
Preparations for Biden’s visit began six months ago and included plans to designate next Monday as a public holiday to allow residents to catch a glimpse of the president. Airspace and roads were set to shut down and ceremonial dancers were primed to welcome the presidential motorcade. Biden had been scheduled to meet 18 Pacific island leaders there.
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