Asia Times | News
- Which will mess up the most – Fed, BOJ or PBOC?
Anyone hating their job at the moment should spare a thought for Federal Reserve head Jerome Powell. In real time, investors can observe the extent to which Chairman Powell is confused about the direction of US interest rates. Traders have stopped laughing at former Treasury Secretary Lawrence Summers’ contention the Fed’s next step will be The post Which will mess up the most – Fed, BOJ or PBOC? appeared first on Asia Times.
- Security pacts future-proof Ukraine against Trump
Ukraine has firmly ruled out any compromises in its war with Russia, according to a senior aide to President Volodymyr Zelensky. Andriy Yermak, the Ukrainian president’s chief of staff, said that while Kiev welcomed advice on how to reach a “just peace”, Ukraine is “not ready to go to the compromise for the very important The post Security pacts future-proof Ukraine against Trump appeared first on Asia Times.
- N Korea MIRV missile test raises nuclear war stakes
North Korea’s recent test launch of ballistic missiles, with at least one capable of carrying a “super-large warhead”, has raised new alarm in neighboring South Korea as both rival sides vie to field weapons with increasingly destructive power. In late June, North Korea launched at least three missiles with dummy warheads, according to multiple news The post N Korea MIRV missile test raises nuclear war stakes appeared first on Asia Times.
- ‘Made in China’ resonating more deeply at home
In October 2021, The Economist advised in an opinion article that Chinese tech giant Huawei should dissolve so its talented engineers could leave to become the next generation of high-tech entrepreneurs. At the time, the logic seemed sound. After a series of knockout punches from America’s judicial and regulatory authorities, Huawei’s 5G telecom infrastructure and The post ‘Made in China’ resonating more deeply at home appeared first on Asia Times.
- Newsom a better bet than Biden for China ties
The recent US debate was not kind to Joe Biden. The president’s lackluster performance has prompted discussions about potential replacements, with California Governor Gavin Newsom’s name gaining particular traction. This scenario has already found considerable favor in China. There are compelling reasons why Newsom’s ascension could be beneficial for both US-China relations and the The post Newsom a better bet than Biden for China ties appeared first on Asia Times.
New York Times | World News
- This English Naval City is a Bellwether Seat. How Do Voters Feel?
As voters began casting their ballots in a pivotal U.K. election, many in the southern English city of Portsmouth expressed disillusionment over what they see as national and local decline.
- First African-Born Member of German Parliament Won’t Seek Re-election
Karamba Diaby, whose 2013 victory was considered a win for equality, said he wanted more time with his family. But he has also spoken of the death threats he has received.
- Hurricane Beryl, a Category 3 Storm, Smashes Jamaica and Speeds Toward Mexico
The storm was lashing the southern coast of Jamaica on Wednesday evening after devastating several Caribbean islands this week. The Cayman Islands are bracing to be next.
- What to Know as Israel-Hezbollah Conflict Grows
A Hezbollah-Israel war could metastasize into a larger regional conflict that could dwarf the current fighting and draw in Iran and the United States.
- Saudi Arabia Sentences Producer to 13 Years in Prison Over Netflix Show
In a video plea for help, Abdulaziz Almuzaini — a dual Saudi-American citizen — described how the authorities had accused him of promoting extremism through a cartoon franchise.