Mike Pompeo has claimed that the White House sanctions on Iran’s oil exports have prevented the sale of 2.8 million barrels of oil. Iran claims to be able to sell its oil. The US secretary of state, speaking in an interview with MSNBC, said he was confident that the White House could continue its strategy. Pompeo made reference to the “Iran zero oil export” strategy that Donald Trump’s government has adopted since May. Mr. Pompeo has called on the United Nations Security Council to extend Iran’s arms embargo, which expires next year.
Following a demonstration in Hong Kong, government head Carrie Lam spoke of her readiness to talk to the protesters. The protests in Hong Kong prompted the local government to withdraw. Lam says she is ready to negotiate with the protesters to get out of the political crisis and find a comprehensive solution. She believes her offer is a turning point in the crisis and expressed hope that dialogue with the protesters could provide grounds for restoring peace to Hong Kong.
Social media Twitter and Facebook announced on Monday that they blocked a large number of accounts on their platforms. The two social media giants said that these accounts spread false information about Hong Kong demonstrations and they were dominated by Chinese officials.
Reuters quoted two sources saying that the US Department of Commerce will extend the time for Chinese technology giant Huawei to purchase US corporate products. It is expected to be extended for another 90 days. If the ban is strictly enforced, it will seriously affect Huawei’s supply chain. However, it may also strike against US customers that Huawei is serving and suppliers that supply Huawei. In view of this, the United States proposed a delay in implementation shortly after the ban was issued.
Tensions in Hong Kong are still rising, but the Hong Kong police said that although they are in a state of anxiety, they do not need assistance from the Chinese authorities and Chinese troops will never take action in Hong Kong. Over the past few months, Hong Kong has held a call for democratic reforms. The protesters have changed their strategies. At the same time, they have responded to multiple targets and the Hong Kong police have been struggling.
Protests continue in Hong Kong after ten weeks and could swell to a “million march” on Sunday. The EU has warned the Hong Kong government not to undermine the legal rights of protesting citizens. While China has not ruled out military intervention in Hong Kong, protests continue in the former British colony against local government and Beijing’s interference in domestic affairs.
China has announced that it has no plans to forcefully end the protests in Hong Kong, but it will not be ruled out if necessary. China has said that if the Hong Kong executive government fails to bring peace, then China will intervene. Satellite imagery, which has been widely shared on social networks, indicates an increase in China’s military presence in the border town of Shenzhen. The pictures show dozens of Chinese police and military vehicles in the grounds of a sports stadium.
President Trump has given consumers a break with removing a number of key products from China’s list of imports that have been imposed with new tariffs beginning from September this year. Mobile phones, computers, and video game consoles, among others, will not be taxed until December 15, allowing US companies to stock up for Christmas holidays. The announcement, which led to a surge in the stock market, provides more time to try to open negotiations on a way out of a trade war fought by both powers.
Thirty-two people have lost their lives in Eastern China due to Typhoon Lekima that has ravaged the region. The information was relayed by the local government on Sunday, while the monsoon has caused the loss of at least 144 people in India. In China, searches for missing persons are in progress, and more than one million people have so far been evacuated.
Hong Kong is presently experiencing a political crisis. Large scale use of law enforcement and military is being used to disperse the protesters. However, the system itself is failing and it will lead to additional protests. Historically, an achievement of the Freudo-Marxists was the quantum leap through the rationalistic outlook which had dominated in the Marxist tradition. Furthermore, the escalation of the crisis in Hong Kong is inevitable due to the bygone times and political reality of the Chinese territory.
A day after massive anti-government protests effectively shut down one of the busiest airports in the world, life in Hong Kong had still not returned to normal. Hundreds more flights were cancelled Tuesday at Hong Kong International Airport, which was still dealing with the effects of the sit-in. The local authorities defended both the use of plainclothes policemen and their tactics, which viral videos showed turning violent over the weekend and into Monday. The protests, which have gone on for more than two months, after an extradition bill to mainland China was pulled, show no sign of slowing down. Meanwhile, Beijing ratcheted up the rhetoric, but remained at the gates. Waiting.
The Hong Kong airport authorities canceled all their flights after thousands of protesters occupied the city’s international airport terminal for the fourth consecutive day. The airport authority attributed the cancellations, which affected all flights after 4 pm local time (08.00 GMT) today to; “a large number of protesters that prevented passengers from checking-in” and have “seriously interrupted” the service.
Hong Kong International Airport canceled all flights on Monday as the fourth day of protests at the airport’s main terminal continued. The Airport is one of the busiest in East Asia and the world. Thousands of protesters started rallying at the airport’s entrance and exit lounges four days ago trying to make their protest heard around the world.
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The Afghan Ministry of Foreign Affairs criticizes the Uzbek government’s official acceptance of the Taliban, saying such acceptance does not represent a basis for peace talks between the Afghan government and Taliban representatives. Two days ago, the Taliban announced that Mullah Abdul Ghani Baradar, the head of Taliban’s political bureau in Qatar, met with Uzbekistan’s Minister of Foreign Affairs, Abdul Aziz Kamelov.
“Foreign forces intervene” has become the new direction of China’s official explanation for the endless struggle in Hong Kong. On August 8th, Hong Kong media reported that the “United States Consulate General in Hong Kong” political group director Julie Eadeh and “Hong Kong Zhongzhi” core personnel Huang Zhifeng and Luo Guancong and other people met in Hong Kong and discussed Hong Kong affairs.
The collective wealth of the 500 richest people in the world suffered a gigantic loss in a single day after the escalation in the US-China trade war. According to news sources, the biggest tycoons lost 2.1% of their fortune on Monday, equivalent to the $110 billion, after the biggest stock market fall following China devaluing its currency, the yuan.
On Monday, Treasury Secretary Steve Mnuchin put his mouth where the money was. After China allowed the Yuan to fall to below 7 per U.S. dollar, its lowest rate in eleven years, Mnuchin, at the behest of the Trump administration, labelled China a currency manipulator. The declaration opened yet another front in what is quickly becoming a total trade war between Washington and Beijing. It also shook global markets and stirred China to hit back ten times harder.
Shortly after the Chinese yuan’s exchange rate against the US dollar fell “breaking seven,” US Treasury Secretary Steven Mnuchin issued a statement saying that the US government determined that China is manipulating the RMB exchange rate. This is the first time in 25 years that the United States has listed China as a currency manipulator.
As joint military exercises between the United States and South Korea began on Monday, North Korea for the fourth time in less than two weeks fired “unidentified projectiles,” in a clear protest and opposition to Washington-Seoul military co-operation. North Korea on Tuesday said that US and South Korean joint military maneuvers were not only a violation of peace efforts on the Korean peninsula but also showed a lack of “political will “of the two countries to improve relations.”
Hong Kongers from all walks of life, and seven districts of the city, took to the streets Monday as part of a general strike, the largest such demonstration since 1967. Teachers and students, aviation workers, finance employees, and civil servants took part in the protests, aimed at both Hong Kong’s pro-Beijing government and mainland China itself. What initially began as a row over a now-suspended extradition bill has morphed in to a movement against Chinese encroachment, Hong Kong’s non-democratic system, and its unaccountable police force. Now in their ninth week, and showing no signs of slowing down, some fear Beijing may be compelled to act.
Former Afghan President Hamid Karzai recently made striking accusations against the United States. Karzai is claiming the US is trying to meddle in the upcoming September 28, 2019 presidential elections. The former Afghan president is insinuating that Afghan citizens have no influence over who the US installs into the executive office. These allegations may cause a new round of tensions in Afghanistan, and at a time where international peace negotiators are trying to organize a treaty that will allow an exit for the US led peacekeeping coalition.
Even with Hong Kong’s “Fugitive Offenders Ordinance” amended, the dispute-related demonstrations continued. The group opposed to the amendments held a parade in Kowloon on Saturday. Another group was on the Hong Kong Island across the sea with the title “Hope for Tomorrow,” holding a rally in support of police enforcement. The conference said that about 90,000 people attended the meeting. The police said that the number of people gathered at the peak was about 26,000.
After we sent our last article to the Department of Justice, they have responded. So we will be coping them on all of our future articles. We have made a claim that Amazon discriminates against both against US and honest businesses; that Amazon gives an asymmetric and unfair advantage to known and documented cheaters and/or offshore companies that use large scale fake reviews from day one.
The Chinese government announced it will suspend a program that allowed solo travelers to go into Taiwan that could cost the self-ruled island up to $1 billion by the month of January.
In the latest escalation between China and Taiwan, Beijing issued the travel ban to solo tourists heading into the island earlier today. China’s Ministry of Culture and Tourism issued the ban that takes effect on August 1st and effectively bans all individual leisure and travel from mainland China to Taiwan.
Kim Jong-un doubled down and conducted his second missile launch in less than a week. The first missile was detected at 5.06, followed by another at 5.27. The two were shot from a transporter-erector-launcher (TEL) vehicle at a point near Wonsan port, on the east coast of the peninsula, the same area where last week’s missiles were fired. The projectiles were similar to those of the last week, according to a General Staff statement, which added that “the successive launches by North Korea do not lead to reduce tensions and we urge you to stop them.”
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In recent days, the Chinese media has been glorifying Russia and its various national and international accomplishments. Since all media is government run and there is a Great Firewall of China, the only news Chinese citizens can get is through the state-run and approved outlets.
The North Korean government said Friday the missiles launched yesterday are new tactical weapons designed to send a “solemn warning” to South Korea to stop importing armaments and conducting joint military exercises with the United States. The launch of two short-range missiles on Thursday was the first since North Korean leader Kim Jong-un and US President Donald Trump met last month in the demilitarized zone separating the two Koreas.
Chinese official media announced on Friday that FedEx’s previous explanation of Huawei’s express shipments to the United States as an “operational failure” has been rejected. According to the report, FedEx was “involved in keeping more than 100 Huawei company parcels” and other illegal activity. This is leading to speculation that the US company may end up on China’s list of “unreliable entities” in the near future.
The missiles that North Korea fired on Thursday are “a new type of guided tactical weapon,” the official KCNA news agency said on Friday. North Korea’s leader, Kim Jong-un “took it upon himself to organize and led” the trial of the “ultramodern weapon system,” which is “a solemn warning to the South Korean warlock military,” said KCNA. The announcement of the official news agency refers to the Thursday’s launch by North Korea of two short-range missiles that fell in the Sea of Japan.
On Wednesday, hundreds of Chinese students at the University of Queensland in Australia got physical during a rally in support of Hong Kong. Pro-China and pro-Hong Kong Chinese students clashed verbally with sporadic physical violence. Students at the school believe that this conflict may lead to more confrontation between the two sides.
If a manufacturing firm has a goal to sell products in both the US and China, locating the production in China gave them an unfair economic advantage. China imposes very heavy tariffs and regulations on almost all imported goods, making access to China’s market far more costly for the production of manufactured goods outside of the country.
Kim Jong-un inspected a new submarine in what looks like a new gesture to pressure the US within the framework of denuclearization talks. While negotiations remain stagnant, North Korea does not stop its military development. North Korean propaganda media yesterday claimed that Kim reviewed the submarine, with a deployment near the waters of the Sea of Japan (called the East Sea in the two Koreas).
Former Chinese Prime Minister Li Peng, nicknamed “the butcher of Beijing” for his responsibility in the repression of Tiananmen Square demonstrations in 1989, died at 90, Xinhua state news agency announced today. “He died yesterday as a result of a disease whose treatment proved ineffective,” the Xinhua agency reported. The former prime minister had already battled bladder cancer.
Monday was another bad day for Chinese tech giant Huawei. The Washington Post dropped a major bombshell on the company regarding alleged (highly-illegal) dealings in North Korea, and Czech Radio added another involving activities in their own country. The news adds fresh and serious doubts about the company’s potential western footprint, and bolster’s Washington’s case that the giant is a threat to American national security and users’ privacy. President Trump met tech CEOs in the White House Monday, partially to discuss what to do about it.
Chinese regulators have just approved a new tech-heavy board of 25 companies for the STAR Market. This new STAR Market is modeled on the U.S.-based NASDAQ composite reflecting the ruling Communist Party’s desire to keep private capital within its own country. It allows mid-sized Chinese investors to invest in Chinese tech companies that until recently would have been listed on Wall Street, London Stock Exchange or Hong Kong Stock Exchange.
Matt Drudge gave a speech before the National Press Club in Washington, D.C. in 1998. He was already deemed an internet leader in both news and aggregated news distribution. His Drudge Report challenged the ethos of the newspaper society, which was just the beginning of dynamic revolutionary change in the news world order. The Drudge Report made friends, added enemies, created new futures and helped forced everyone in the industry to change many times over in order just to stay relevant.
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Nike has just cancelled a Betsy Ross shoe because Colin Kaepernick (a Nike endorser) claimed he and others found the specific flag design offensive, saying the flag from that period is associated with slavery in America. Is Nike so focused on social justice issues, they are not completing their duties to their shareholders.
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It’s said that nothing ever really gets done at the G20, which is currently meeting in Osaka, Japan. Nineteen member countries and the European Union agreed to a new deal to tackle climate change. Guess who was the lone holdout. President Trump was harshly criticized, at home and abroad, for praising Saudi Crown Prince Mohammed Bin Salman, who ordered the killing of Washington Post columnist (who had legal residency in the U.S.) Jamal Khashoggi. There was one cautiously positive development to emerge from the summit, however. Trump and Chinese counterpart, Xi Jinping, agreed to restart talks and temporarily de-escalate the trade war.
The National Radio and Television Administration (NRTA) is in charge of controlling everything related to the press, publications, radios, movies, and televisions in China. For example, all foreign movies that want to enter the Chinese market would need its approval first, during which scenes containing sex, violence, and Chinese politics are usually deleted– the reason why many foreign movies in China are a bit shorter than the international version. It exists to make sure that Chinese citizens are getting the information that the government deems appropriate.
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If oil demand is down so much due to the China trade war and tariffs, how come the more economically sensitive materials, such as copper, have not felt the same economic downward price effects?
Today China has asked it’s refineries to hold off on placing new orders for crude oil imports in anticipation of lower prices once and if demand stalls further. The Chinese buyers have cut off purchases of U.S. crude oil as the trade dispute between Beijing and Washington continues.
Founder Ren Zhengfei claimed Huawei’s revenue will be $30 billion less than they had forecast over the next two years. His quote compared the largest Chinese telecom giant to a “badly damaged plane” as a result of US government sanctions, bans and actions against them. For instance, just recently Facebook banned Huawei from preloading its apps.
Today following the world news can be seen in a world at unrest. In these countries especially is apparent World Unrest:
Khazakhstan – The world’s largest land locked country and the ninth largest in the world with an area of 2,724,900 square kilometers. It is a democratic secular republic with a diverse heritage. After the elections resulting in the overwhelming victory of interim president Toqaev began wave of protests against the lack of fairness in the elections.
Last Sunday an estimated 1.03 million people (230 thousands according to the police) participated in a mass protest in Hong Kong against a proposed law that would allow the extradition of suspects, either political or criminal, to mainland China for the first time. Protestors fear that the amendments would mark the end of the “one country two systems” era.