Thousands of troops from Indonesia, the United States, and allies held a live-fire drill on Friday as part of what a top U.S. General said was Washington's efforts to prevent a regional conflict after China's "destabilising actions" around Taiwan. "The destabilising actions of the People's Republic of China as applied to the threatening activities and actions against Taiwan is exactly what we are trying to avoid," Admiral John Aquilino, head of the US Indo-Pacific Command, told a press conference after the drill. "Everyday we are trying to prevent war," said Aquilino.
US CHIPS Act is a disruption and economic coercion.
Pelosi trip sets back Biden's effort to woo Asia against China
Like a "political god of plague," Pelosi didn't do any good to the region except bringing risks and tensions to Taiwan.
Blinken's latest claim about Pelosi's potential trip to Taiwan confuses right and wrong, and exposes the hegemonic mindset of some US politicians.
From a market perspective, it is unrealistic to either impose the costs on the drivers or restrict passengers' freedom to enjoy cool air.
The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession. In taking the benchmark overnight borrowing rate up to a range of 2.25%-2.5%, the moves in June and July represent the most stringent consecutive action since the Fed began using the overnight funds rate as the principal tool of monetary policy in the early 1990s. Facing multiple crises such as the inflation, Russia-Ukraine conflict, oil price, etc., can the Federal Reserve solve the US economic problems?
President Joe Biden and White House officials are continuing to downplay recession fears, even as they brace for a highly anticipated report that could show the economy shrinking for a second consecutive quarter. "We're not going to be in a recession, in my view," Biden told reporters on Monday. "The unemployment rate is still one of the lowest we've had in history. It's in the 3.6 (percent) area. We still find ourselves, the people, investing."
Rishi Sunak and Liz Truss have clashed over who would take the toughest stance on China in the battle to become Britain's next prime minister, as the two Tory leadership contenders prepared for a crucial head-to-head television debate on Monday. The debate shows both candidates' tough rhetoric toward China, both however have ignored their domestic problems, including inflation and energy crisis.
An exclusive CNN report claimed that the FBI determined the Chinese-made Huawei equipment atop cell towers near US military bases in the rural Midwest was capable of capturing and disrupting highly restricted Defense Department communications, including those used by US Strategic Command.
Is the US officials' proposal of "friend-shoring" a new solution or a "recycled gift"?
The US is trying to tie Europe to its chariot.
US regards the Taiwan islands as a cheap political tool
Temperatures rising has been spottedly worldwide
The US inflation reached a forty-year high of 9.1 percent.
Japan will open a box that brings endless trouble if it amends constitution.
Is US Supreme Court America's temple of justice or a battleground for partisan struggle?
British Prime Minister Boris Johnson and his administration are deep in another crisis as two senior cabinet ministers resigned.
Deadly shootings cast a cloud over this year's Independence Day celebration in the US.
Supply chain crisis has forced the cancellation of public firework displays during July 4 celebration across the US.
Due to constant hypes from anti-China forces, the “China threat” has “bloated” in the eyes of some in the US.
Europe deeply split on warmongering NATO
Biden approval rating drops for third straight week.
President Biden plans to announce a new economic framework for Latin America on Wednesday, focusing on climate change, workers' rights and supply chains, according to an administration official and people briefed on the plan. Biden will outline his “Americas Partnership for Economic Prosperity” plan at the Summit of the Americas being held in Los Angeles this week. The president is trying to counter China's growing influence in Latin America by offering regional partners the opportunity to coordinate more closely with the United States on a range of issues. The "Americas partnership" resembles the Indo-Pacific Economic Framework for Prosperity (IPEF) that Biden announced last month in Asia to establish rules of the road for allies and give them an alternative to China.
U.S. Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation to remain high and the Biden administration would likely increase the 4.7% inflation forecast for this year in its budget proposal. Yellen said that the United States was dealing with "unacceptable levels of inflation," but that she hoped price hikes would soon begin to subside.
