Relentless censor Beijing mocks US TikTok crackdown

China, which blocks all western social media on the mainland, mocked the United States government for trying to stop young people from using TikTok, the most downloaded app during the pandemic. The White House issued a 30-days notice to government organizations on Monday to make sure that TikTok, owned by China’s ByteDance Ltd, is removed from all federal […]Continue Reading

Elderly Japan on brink of a demographic crisis

Japan’s Prime Minister Fumio Kishida used a policy speech at the opening of the 2023 session of Japan’s parliament, the National Diet, to declare that Japan was “on the brink of not being able to maintain social functions” due to the country’s population crisis. The country’s median age is 49 — the second highest in the […]Continue Reading

Sinking Philippine tanker sparks diesel spill

MANILA: A Philippine fuel tanker partially sank in the country’s waters on Tuesday (Feb 28), authorities said, as they tried to contain a diesel spill stretching several kilometres. The Princess Empress was carrying 800,000 litres of industrial fuel oil from Bataan province, near the capital Manila, to the central provinceContinue Reading

The mythology of a tax haven crackdown

About a decade ago, the world’s biggest economies agreed to crack down on multinational corporations’ abusive use of tax havens. This resulted in a 15-point action plan that aimed to curb practices that shielded a large chunk of corporate profits from tax authorities. But, according to our estimates, it hasn’t worked. Instead of reining in […]Continue Reading