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“I don’t believe that in my recent memory that the North Korean military has had a battlefield laboratory quite like the Russians are affording them to have in Ukraine,” said General Charles Flynn, the US Army Pacific’s commanding general.
Treasury Secretary Janet L. Yellen confronted her Chinese counterpart about China’s surging exports of inexpensive electric vehicles and other green energy goods, saying that they were a threat to American jobs and urging Beijing to scale back its industrial strategy, the U.S. government has said.
LUANG PRABANG, Laos (AP) — Southeast Asian economies are gaining ground as tourism and exports recover from the shocks of the pandemic, but geopolitical tensions and volatile commodity prices still pose serious risks, regional financial leaders said Friday.
A March 25 Security Council cease-fire resolution highlighted once again the vast gap between the US and China on Israel’s war on Gaza. US officials were quick to note that the Biden administration considered the resolution “non-binding” – which China quickly contradicted, pointing to the UN charter.
The Ukraine war is often portrayed as driving greater defense consolidation and cooperation among transatlantic partners. But while this may be true in several ways, the conflict has also exposed the divergent interests among those various partners.
This study was first published on Asia Times’ Global Risk-Reward Monitor, a weekly economics and geopolitics newsletter. Become a subscriber here.
Big trouble may be brewing in little Moldova, which is starting to look like a staging area for the European Union to offset an emerging Russian victory in Ukraine. Whether such a plan, if attempted, would succeed is not clear. But Moldova is not the most stable country in the world with the nation split between pro-EU and pro-Russian elements.
Crude oil futures rose Thursday, recouping losses from earlier in the session as tensions in the Middle East continue to mount.