Case closed: Covid virus came from a Wuhan market

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The colleagues and I published the most detailed studies of the earliest events in the Covid-19 pandemic last month within the journal Science. Collectively, these papers color a coherent evidence-based picture of exactly what took place in the associated with Wuhan during the second option part of 2019. The particular take-home message is that the Covid pandemic most likely […]

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China-US decoupling gushes out

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In a stir of statements about Friday (August 12) against the backdrop associated with escalating US-China stresses, five of China’s biggest state-owned organizations announced their intentions of delist from the New York Stock Exchange – PetroChina Corp Ltd, China Insurance coverage Co, China Petroleum & Chemical Corp, Aluminum Corp regarding Chinand Sinopec Shanghai Petrochemical Company, […]

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Taiwan’s Patriot missiles to get massive US upgrade

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The US plus Taiwan have restored a missile executive contract to update the self-governing island’s Patriot missile defense systems against China’s growing missile threats and overflights. The Taipei Times reports that this contract was introduced by Taiwan’ t Ministry of Protection on August 11, with Focus Taiwan citing a notification regarding the contract to the Taiwan […]

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Time to flip the script on Turkey’s cancel culture

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Despite the negative connotation, “cancel culture” – ostracizing people for their harmful views – has had a big impact on  addressing inequalities in the West, particularly discrimination of women. But  in Chicken, it is women themselves who are getting terminated. In late July, actress Birce Akalay took to social media to lament Turkey’s current financial crisis, expressing disappointment within the […]

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Why Rushdie’s ‘The Satanic Verses’ is still so controversial

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Author Salman Rushdie is in hospital with serious accidental injuries after being stabbed by a man at an arts festival within New York state upon Friday. The following post was published in the 30th anniversary from the release of The Satanic Verses. One of the most questionable books in current literary history, Salman Rushdie’s “The Satanic […]

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How bad will global economy get?

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In the US, there have been 2 quarters of undesirable growth.   For everyone but those who refuse to accept the evidence just before their own eyes (or at least refuse to take the calculations of their own staff, who I am certain delivered that second-quarter number only after having checked this “a million instances, ” all the while […]

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China’s Taiwan Strait drills: the new normal

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The following is the first installment of a converted Guancha. cn content. The views would be the author’s alone , nor represent the Guancha platform’s nor Asia Times’ opinion. The particular People’s Liberation Military (PLA) completed a three-day military physical exercise in six places surrounding Taiwan last week after Nancy Pelosi, the speaker states House […]

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Singapore’s woes sound a warning for wider Asia

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To those betting on a solid Asian rebound from your Covid-19 era, Singapore has a sobering message: “Think again. ”

On August 11, the particular city-state’s Ministry associated with Trade and Business narrowed its full-year growth forecast to 3-4%. It also revised downward growth in the second quarter in order to 4. 4% through an initial 4. 8% reading.

Singapore matters because of its role as Asia-Pacific region weathervane. Its open and trade-reliant economic climate is usually the vanguard of zigs and zags in global need. When container-ship parking around Singapore will get crowded, manufacturers possess reason to shiver.

Right now, Asia’s weathervane can be signaling fresh headwinds coming its way. Some are coming from Washington, where the US Federal Reserve’s interest-rate hike cycle is definitely accelerating. Others are emanating from Europe, where growth is slowing under the weight of high energy costs.

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China’s laggard chips industry rotten with corruption

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An anti-corruption storm in that kicked up in mid-July has so far led to the arrest of the dozen top Chinese officials and executives of a national expense fund and related companies, prompting a training course shift in Beijing’ s chip-making technique. Zhao Weiguo, previous president of Tsinghua Unigroup, a Chinese technology and semiconductor manufacturer, was used […]

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US Chip 4 plan hands South Korea a devil’s choice

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SEOUL – Samsung Electronics heir and de facto chief Lee Jae-yong was today (August 12) granted a president pardon in a data corruption case, lifting the best cloud that has hung over his mind since 2017.

Though Shelter has been out of jail and conducting professional duties since this past year, the head of Southern Korea’s national range topping firm might, feasibly, wish he could take a lower profile at the moment.

They are back on the front side pages just as Korea Inc’s worst nightmare is becoming manifest: It really is being forced into selecting between key industry partner China and strategic ally the usa.

Wa is seeking a choice from Seoul, inside weeks, on whether to join the nascent “Chip 4” semiconductor alliance that would situation together American, Japanese, South Korean and Taiwanese chipmakers while deliberately excluding The far east.

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