While it may not be impossible, it certainly is looking like a big, big stretch – the pledge of China to purchase far goods from the United States worth $36.5 billion this year with almost seven months of the year… Read More ›
Geopolitics
Chinese banks weighing alternative to SWIFT, as U.S. legislative action looms
In a significant development, a report from the investment banking unit of China’s central bank states, Beijing should be ready for potential U.S. by being less dependent on SWIFT and instead use its own financial messaging network for cross-border transactions… Read More ›
India Bans More Chinese Apps For The Second Time In As Many Months
With increasing tensions between the two most populous countries of the world – India and China, New Delhi put a ban on dozens more apps that are owned by well-known Chinese companies as well as reviewing hundreds of others owned… Read More ›
New Travel Curbs Around The Globe World Forced By Resurgence Of Cvoid-19 Infections
As the world braced for a possible second wave of Covid-19 infections, new travel restrictions were imposed in countries in Asia on Monday, while Europe’s summer reopening was thrown into disarray after a sudden directive on travelers from Spain imposed… Read More ›
Boris Johnson to overhaul UK’s treason laws
On Sunday, according to a report from the Mail, British Prime Minister Boris Johnson is set to overhaul the United Kingdom’s treason laws. The development comes at a time of increased activity by foreign agents in the country with many… Read More ›
Denouncing WHO-led Alliance, EU Aims Covid-19 Vaccines At Less Than $40: Reuters
Purchasing of Covid-19 vaccines through an initiative co-led by the World Health Organisation has been rejected by the European Union because that process is slow and of high cost, said a report published by the news agency Reuters quoting two… Read More ›
EU Commission Urges Countries To Diversify 5G Suppliers On An Urgent Basis
The European Commission has urged all the countries in the European Union to undertake urgent action to diversify the pool of suppliers for their 5G networks. According to analysts, this move is aimed at increasing competition for the Chinese telecom… Read More ›
China May Not Recognize BNO Passports Of Hong Kong Residents In Retaliation To UK
A threat to derecognize the British National Overseas passports held by residents of Hong Kong was issued by China on Thursday as retaliation against the recent decision of the United Kingdom to allow refuge to Hong Kong residents holding British… Read More ›
EU Says Trade Deal With UK Not Likely Now, After No Progress Made Talks
Talks between the United Kingdom and the European Union over a free trade agreement were stalled on Thursday. While the EU said that an agreement was unlikely within the stipulated time frame. The UK expressed hope of an agreement by… Read More ›
U.S. orders closures of Chinese consulate in Houston
In a significant development on Wednesday, the United States has ordered China to close down its consulate in Houston. Although the United States has several consulates in China, according to a source Beijing is considering shutting down the U.S. consulate… Read More ›
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