China: China’s connections are starting to improve with Japan, India and other countries that former US President Joe Biden courted, only as Donald Trump brings his more unilateralist view back to the White House. The change of leadership in Washington on Monday ( Jan 20 ) could be an opportunityContinue Reading
Beyond Greenland, US President Donald Trump has even set his sights on acquiring the Panama Canal on the grounds of national security. He has also refused to act out monetary or military force to this end.
The 80km global canal essentially provides a shipping shortcut between the Atlantic and Pacific oceans, allowing vessels to minimize the long, hazardous voyage around the southwestern tip of South America.
Trump has accused Panama of charging increased prices to use the Central American passing while also alleging, without foundation, that China is involved in its control and that Chinese military operate the river.
“It’s being operated by China. China! We gave the Panama Canal to Panama, we did n’t give it to China, ” Trump said in a freewheeling press conference at his Mar-a-Lago resort on Jan 7.
Trump doubled down on his claims in his political inauguration speech on Jan 20. “China is operating the Panama Canal, and we did n’t give it to China, we gave it to Panama, and we’re taking it back, ” he said.
China does not handle or handle the Panama Canal, although a company of Hong Kong-based CK Hutchison Holdings has huge managed two ships on both ends of the lake.
Panama leaders have pushed up strongly on Trump’s danger to recapture the key international waterway, which the US had built and owned before handing over control in 1999.
China has even weighed in. “China did as always value Panama’s independence over the river and accept the river as a completely natural international waterway, ” said a Chinese foreign ministry spokesperson in late December.
Trump’s remarks have stirred controversy and hinted at the aggressive foreign policy he is expected to take during his second presidency.
Analysts say the chances of the Trump 2. 0 administration taking the Panama Canal by force are unlikely.
The US position in Latin America would be severely undermined if Trump were to proceed, cautioned Amalendu Misra, a professor of international politics at Lancaster University.
It would prompt many nations in the region to pull out from the Organisation of American States, which comprises more than 30 countries in the Americas, cautioned Misra in an article published by independent news site The Conversation on Jan 9.
“Worse still, it could also encourage many of the fearful nations to openly seek military alliances with enemies of the US, such as Russia, China and Iran- an outcome that would far from strengthen US security, ” he said.
Either way, Trump’s expansionist rhetoric has already wrought harm to America’s reputation, said Gideon Rachman, chief foreign affairs columnist for the Financial Times.
“Even if Trump never makes good on his threats, he has already done enormous damage to America’s global standing and to its alliance system, ” Rachman said in a Jan 15 commentary on CNA.
“Any sniggering at Trump’s ‘jokes ’ is misplaced. What we are witnessing is a tragedy – not a comedy. ”
Volodymyr Zelenskyy, the president of Ukraine, stated on Sunday ( 12 January ) that if Kim Jong Un’s government could arrange for his soldiers to be exchanged for Ukrainians held captive in Russia, Kyiv is prepared to hand them over to their leader. There will undoubtedly be more, in additionContinue Reading
” INDISPUTABLE EVIDENCE” The SBU said the men’s get provided “indisputable proof of the DPRK’s involvement in Russia’s war against our state”, using the acronym for North Korea’s established name. It showed a Russian military ID cards issued to a 26-year-old gentleman from Russia’s Tyva area bordering Mongolia. One POW,Continue Reading
In the midst of the turmoil in the global bond market, British Treasurer Rachel Reeves claimed on Saturday ( Jan 11 ) that when she visited Beijing, she said, “natural home” for Chinese finance.
Reeves is the most mature American government official to travel to China since Theresa May and President Xi Jinping spoke with him seven years ago, as the formal name is chancellor of the exchequer.
The Labour Party’s gurgling efforts to revive growth are further hampered by the yield on American government bonds, which hit a 17-year substantial this week.
The government is more expensive to finance existing procedures and pay off debt, which raises the possibility that it will have to reduce spending or raise taxes as a result of the increase.
Carter stated that as a result of the resumption of the two countries ‘ long-sought finance discussions, London would be a “natural home for China’s monetary services companies and your clients raising money, and a rocket for Chinese companies seeking to build a global imprint.”
She hailed “opportunities to develop links” on capital markets, but said both places needed to work more closely on “regulatory assistance”.
At a later media briefing, Reeves said” common earth” had been found on financial companies, business, investment, climate change and other places.
She said the total value of what had been agreed would be worth £600 million ( US$ 732 million ) for the British economy over the next five years, without giving specific details.
Her Chinese counterpart, Vice Premier He Lifeng, said experience showed that” as long as China and the UK respect each other… relations between ( the ) two countries can develop in a healthy way”.
Reeves was pressured by the political opposition to remain at home and address the financial problems, but a spokeswoman for Prime Minister Keir Starmer said this week that she had not intended to reschedule her “long-standing” vacation.
On a visit to British bicycle-maker Brompton’s Beijing store before on Saturday, Reeves acknowledged “moves in global financial markets over the last few time”, but said the fiscal principles she set out in her October resources were “non-negotiable”.
” Development is the number one goal of this state, to make our country much off”, she said, adding that her visit had “unlock substantial benefits for American companies”.
The visit included the attendance of the UK’s Financial Conduct Authority’s governor and its chief executive.
Five years after the start of the pandemic that devastated the world, the World Health Organization ( WHO ) demanded on Monday ( Dec. 30 ) that China provide information and access to help explain COVID-19. COVID-19 killed millions of people, shredded markets and crippled wellness systems. ” We areContinue Reading
In a “major incident,” according to a letter from the US Treasury Department to lawmakers that Treasury officials sent to Reuters on Monday ( Dec 30 ), Chinese state-sponsored hackers broke into the US Treasury Department’s computer security guardrails this month and stole documents. BeyondTrust, a third-party security service provider,Continue Reading
WASHINGTON: United , States President Joe Biden on Friday ( Dec 20 )  , approved US$ 571.3 million in defence assistance for Taiwan, the White House said, as the Democrat prepares to leave office ahead of the January inauguration of Donald Trump. The United States does never formally recognise Taiwan socially,Continue Reading
Group INVITE Courts on Thursday upheld a H6 entry restrictions, stating that the state had been “entitled to argue that his isolation was justifiable and proportionate.” Judges found that H6 to be in a position to “generate associations between senior Chinese officials and well-known English figures that the Chinese stateContinue Reading
SINGAPORE: Chinese strikes on airfields may hinder US military aviation in the Indo-Pacific area if there is a fight, a new study says, recommending that the United States invest in low, uncrewed aircraft and runway repair capabilities. The main issue, according to the experts, is that bases within the firstContinue Reading