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 […]
The article How bad will worldwide economy get? appeared initial on Asia Times .
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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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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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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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.
The particular post US Chip 4 plan hands Southern Korea a devil’ s choice appeared 1st on Asia Times .
Russia’s invasion associated with Ukraine in Feb 2022 sparked a surge of asylum seekers fleeing the war zone, but political repression and economic uncertainness have also prompted emigration from Russia alone. Among the emigrants are usually Russian Jews, 16, 000 of whom have left for Israel in the nearly six months since the war’s begin. Now, Russia’s Proper rights Ministry […]
The post Russia’ ersus threat to Jewish Agency rings Soviet-era alarm bells appeared first on Asia Times .
China immediately closed its biggest ever military exercises in the Taiwan Strait with a series of important statements, including the Taiwan Affairs Office of the State Council issuing its third Whitened Paper, the name of which reveals the particular “ new normal” of its Taiwan plan. The title of the third White Document on Taiwan scans: […]
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JAKARTA – One of Indonesia’s senior-most politicians, black-bearded National Democrat Party (Nasdem) chairman Surya Paloh seems to see himself being an unlikely kingmaker since parties begin jostling for position in front of the Valentine’s Day 2024 presidential and legal elections. The wily 71-year-old Aceh-born press magnate was one of the primary to endorse Leader Joko Widodo whenever he ran regarding […]
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Less than a 30 days after the January 6, 2021, assault on the US Capitol, Secretary of Defense Lloyd Austin took the extraordinary step of pausing all operations for 24 hours to “address extremism in the ranks. ” Pentagon authorities had been shaken by service members’ notable role in the activities of January six. Of the 884 […]
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Whomever devised the slogan for the Association of Southeast Asian Nations (ASEAN) in 2022 must be experiencing unpleasant chagrin following earlier August’s ASEAN International Ministers Meeting (AMM). “Addressing Challenges Together” rings less unquestionable as a theme using the Myanmar military regime’s aggressive recalcitrance to do business with the regional collection on anything associated with substance. Since agreeing […]
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