Photo: ANP China hopes that the Netherlands will comply with international trade rules and not abuse export control measures. With this, Chinese Commerce Minister Xu Jueting has responded to recent restrictions on the export of Dutch chip technology to China. In late January, it was already leaked that the Netherlands, the US and Japan had reached an agreement to export …
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How does Vietnam disengage from China?
By Dylan WinkPublished on Sunday, March 19, 2023 to do 20:06• 3 Read less Chinese investment and influence in Vietnam continues to be blocked. It is the only country in South East Asia that has broken away from the Asian superpower. Why is this important?In 2013, China launched a new foreign strategy called the New Silk Road or Belt and …
Read More »Switzerland considers nationalizing Credit Suisse if deal with UBS fails Economy
Switzerland is considering the full or partial nationalization of Credit Suisse. That would be the only viable option other than the Swiss bank being acquired by UBS. Insiders tell Bloomberg News. UBS is in talks with Credit Suisse this weekend about a full or partial takeover. With this merger, the Swiss authorities want to restore confidence in the Swiss banking …
Read More »‘Swiss Urgent Measures to Swift Takeover of Credit Suisse’ | economy
The Swiss government wants urgent measures to speed up the takeover of troubled Credit Suisse by rival UBS. A British business newspaper reported this Financial Times Based on intuition. Under Swiss regulations, UBS usually gives its shareholders six weeks to consider a takeover. Due to emergency measures, that consultation period was skipped, although the exact details are still being worked …
Read More »The U.S. is asking Honduras to reconsider its transition to China and hopes for a delay.
The United States is trying to block Honduras from implementing a plan to switch its diplomatic allegiance from Taiwan to China, sources close to the matter say, hoping the lack of a formal agreement will open the door to a change of heart. The continued diplomatic pressure from the United States comes after Honduran President Xiomara Castro said on Tuesday …
Read More »Swiss bank UBS wants to acquire troubled rival Credit Suisse |
Swiss bank UBS is in talks with Credit Suisse to take over the beleaguered bank in whole or in part. A British business newspaper reported this Financial Times Based on knowledge sources of conversations. According to the newspaper, Swiss authorities want a merger to restore confidence in the Alpine nation’s banking sector. UBS is Switzerland’s largest bank. Consultations will be …
Read More »US releases drone and Russian warplanes collision
It crashed into the Black Sea in international airspace, near the Ukrainian territory that Russia claims it has annexed. According to the Americans, the drone was on a routine surveillance flight there when it was suddenly hit by a Russian Su-27 fighter jet last Tuesday. One of the fighter jets reportedly struck the drone’s propeller with its wing. The US …
Read More »US admiral says concerns over friction in Pacific are “dangerous”.
Current frictions in the Indo-Pacific are dangerous and “going in the wrong direction,” but the US presence is not an attempt to contain or provoke conflict with China, a senior US admiral said on Thursday. US Indo-Pacific Command Commander Admiral John Aquilino said the delivery of nuclear-powered submarines to Australia through the “AUKUS” partnership between Australia, Britain and the US …
Read More »Georgia grand jury heard tape of Trump’s conversation with House speaker – report
An Atlanta grand jury investigating former President Donald Trump’s 2020 election meddling has heard a taped phone call he had with the Georgia House Republican leader to overturn Democrat Joe Biden’s victory in the decisive state, the Atlanta Journal-Constitution reported Wednesday. It was not previously reported whether such a recording existed or whether it was played during the eight-month trial …
Read More »Newspaper: US urges Chinese owners to sell TikTok stake
Photo: ANP The US government is demanding that TikTok’s Chinese owners sell their stake in the popular video app or risk a US ban on the app. This was reported by business newspaper The Wall Street Journal based on insiders. Washington wants to act harder than it has done so far. TikTok is owned by Chinese tech giant ByteDance and …
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