In a significant development, South Korean steelmaker POSCO has begun reviewing how it might terminate its joint venture with a company controlled by the military in Myanmar, in the wake of the military coup there in February, said two sources… Read More ›
Geopolitics
As US Economy Recovers, New Jobs Surge In March
With an increase in vaccination against Covid-19, easing of restrictions and people being prompted to get back to their pre-pandemic activities, there was a surge in new hiring in the United States economy in the month of March. Reopening… Read More ›
China reneged on 1984 Sino-British Joint Declaration on Hong Kong: Britain’s Foreign Secretary Dominic Raab
China has broken the 1984 Joint Declaration after it enacted sweeping changes to Hong Kong’s electoral system, undermining the freedoms of people in the former British colony. “Today China enacted changes to Hong Kong’s electoral system which are a clear… Read More ›
Australian Minster Vows To ‘Vigorously Defend’ Its Wine Industry Against Chinese Tariffs
After China imposed huge tariffs on Australian wine, the country has promised to “vigorously defend” its wine industry. This was said by the country’s minister for agriculture, drought and emergency management David Littleproud. China imposed import tariffs of as much… Read More ›
Tariffs Up To 218% On Australian Wine For 5 Years Imposed By China
The trade dispute between China and Australia is set to escalate as Beijing is imposing massive import duties on wines imported to the country from Australia for the next five years. This move threatens to cut off their top export… Read More ›
Tariffs are “legitimate tool” for U.S. trade policy: USTR
In a statement U.S. Trade Representative Katherine Tai said, she plans on continuing to maintain threat of U.S. tariffs on goods from Britain, India, Austria, Spain, Italy and Turkey in retaliation to their digital services taxes. She went on to… Read More ›
Britain nearing vaccine deal with EU
According to a report from The Times, Britain is close to striking a vaccine deal with the European Union thus potentially removing a threat of the EU cutting off supplies of COVID-19 vaccines to the country. Under the terms of… Read More ›
Facebook Investigation Reveals Uyghurs Living In US Were Targeted By Chinese Hackers
Finding from an investigation by security staff at Facebook has revealed that Uyghur activists and journalists living in the United States were targeted by Chinese hackers with the aim of spying on them. “They targeted activists, journalists and dissidents… Read More ›
EU Backs Stricter Export Control Of Covid-19 Vaccines But Dies Not Impose A Ban
Leaders of the European Union backed in principle of imposing tougher controls on exports of Covid-19 vaccines, stopping short of imposing a complete ban on export of the vaccines. This move came after a drawn-out row with the Anglo-Swedish manufacturer… Read More ›
Pineapple Tussle Between China And Taiwan
Import of pineapples from Taiwan was nabbed last month by China over allegations that it presented the risk of “harmful creatures” that could be harmful for its own crops. However leaders in Taiwan were infuriated by the move as they… Read More ›