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US warns China against armed attack on Philippines
Washington, DC [US], March 19 (ANI): US Secretary of State Antony Blinken warned China on Tuesday, stating that any "armed" attack on Philippine vessels in the South China Sea would activate a mutual self-defence agreement between Washington and Manila, underscoring the escalating tensions in the region that could potentially embroil the United States in conflict with Beijing, as reported by The New York Times. Despite th.....»»
China, Not Russia, Still Tops List of Threats to US
WASHINGTON - Russia's war in Ukraine - portrayed by top U.S. officials as posing a danger to the United States itself - still trails China when it comes to long-term threats to America's security, according to a top Pentagon official.The warning from Ely Ratner, the Defense Department's assistant secretary for Indo-Pacific security affairs, comes in testimony prepared for a hearing Wednesday by the House Armed S.....»»
PEZA anticipates more Chinese investments in PH
Philippine Economic Zone Authority Director General Tereso O. Panga said more Chinese companies are choosing the Philippines as their next investment destination for their operations, at the completion of the 20th China-ASEAN Expo last 19 September. “With our robust economic performance and aggressive investment strategy, we are bullish in attracting more Chinese investments to the country especially in our ecozones, which can provide the best business ecosystem for our investors,” said Panga. During the Philippine Investment Forum in China, Philippine Ambassador to China Jaime A. FlorCruz highlighted that Chinese investors have expressed positive and increased interest in locating in the Philippines. He reported that the state visit of President Ferdinand R. Marcos Jr. secured over $22 billion in strategic investment commitments. FlorCruz also stated that “In the past 6 months since I took this role as Ambassador, I have met many Chinese executives actively seeking investment opportunities across numerous industries in the Philippines. Many are now poised to invest in the Philippines.” After the forum, two big Chinese companies met with Philippine officials to discuss business opportunities. One company, a leading global provider of smart devices, seeks to expand its presence in the Philippines, especially in the area of consumer electronics. Another company, one of the five largest power generation groups in China, aims to bring in renewable energy projects to the country. PEZA seeks to attract investments from high-tech industries and emerging technologies in industrial manufacturing transport, technology media and telecommunications, health and life sciences, agro-processing, renewable energy development and green ores. To date, a total of 164 Chinese companies/projects are registered at PEZA, generating P25.822 billion investments (as of May 2023) and creating 16,221 direct jobs (as of March 2023). On the sidelines of the CAEXPO, Panga represented the Philippines during the Roundtable Meeting on Investment Cooperation with the theme: “China-ASEAN Cooperation in Green Low-Carbon and Digital Economy”. He noted, “The China-ASEAN Cooperation in Green Low-Carbon and Digital Economy represents a vital step toward sustainable development, environmental conservation and economic growth, not just for the participating nations but for the entire world.” The PEZA Chief also laid out some of the initiatives of PEZA and the national government to contribute to attaining the Sustainable Development Goals. These projects include the integration of SDGs to the Philippine Development Plan (PDP) 2023-2028 and PEZA’s participation in the Global Reporting Initiative. PEZA is strengthening its ecozone development initiatives as part of the medium-term strategies under the PDP 2023-2028. Panga explained that on top of the conventional ecozones, PEZA is venturing into new frontiers in ecozone development to cater to new industries and to promote emerging global eco-industrial park models in the Philippines. “We intend to transform our ecozones and our registered export enterprises to be more sustainable, resilient and innovative and thereby make them competitive in the local and global value chain,” he said. So far, PEZA manages 422 economic zones nationwide which host 4,352 locator companies engaged in various industries including export manufacturing and IT-BPO. Considered as one of the largest expositions in China, the CAEXPO is an international economic and trade event co-sponsored by the central governments of China and the ASEAN countries. It is one of the key projects that form part of the Philippine-China Development Plan and is a major promotional platform that supports the country’s ASEAN-China Free Trade Agreement. PEZA is the lone investment promotion agency partner of the Department of Trade and Industry export promotion arm Center for International Trade Expositions and Missions for the CAEXPO participation. Following this event, PEZA joined the Special Envoy to China for the Philippine Investors’ Roadshow in Beijing, China on 26-30 September 2023. The post PEZA anticipates more Chinese investments in PH appeared first on Daily Tribune......»»
Chinese FM Wang Yi to visit Russia on 18-21 September — foreign ministry
China's top diplomat Wang Yi will begin a four-day visit to Russia for security talks on Monday, his foreign ministry said, the latest in a series of high-level visits and phone calls between the two sides. China and Russia are strategic allies, with both countries frequently touting their "no limits" partnership and economic and military cooperation. Their ties became even closer after Russia invaded Ukraine in February last year, which China has refused to criticize. China's foreign ministry said in a statement Monday that Wang "will go to Russia to hold the 18th round of the China-Russian Strategic Security Consultations (SSCC) from 18 to 21 September" at the invitation of Nikolai Patrushev, secretary of Moscow's security council. In an earlier briefing, the Russian foreign ministry said Wang would meet with his counterpart Sergei Lavrov, and the two planned to "focus on efforts to strengthen collaboration on the international scene". "There will be a detailed exchange of views on issues related to a settlement in Ukraine, as well as ways of ensuring stability and security in the Asia-Pacific region," a spokesperson said. China has sought to position itself as a neutral party in the Ukraine war while offering Moscow a vital diplomatic and financial lifeline as its international isolation deepens. But it has stopped short of overt military involvement or sending lethal arms to Moscow. Last month, Chinese Defence Minister Li Shangfu visited Russia and Belarus and called for closer military cooperation. In recent months the two countries have carried out joint sea and air patrols, the latter of which caused South Korea to deploy fighter jets as a precaution. The high-level contact looks set to ramp up, with an aide to Vladimir Putin saying in July that the Russian president was planning to visit China in October. In March, President Xi Jinping made a state visit to Moscow and declared relations between the two countries were entering a new era. The post Chinese FM Wang Yi to visit Russia on 18-21 September — foreign ministry appeared first on Daily Tribune......»»
Absent Trump expected to steal show at Republican debate
Eight Republican presidential candidates face off for the first primary debate of the 2024 cycle on Wednesday -- with frontrunner Donald Trump bidding to steal the spotlight despite spurning the showdown. The former president announced at the weekend that he would not be in Milwaukee for the two-hour event, depriving a chasing pack of rivals -- whom he leads by a historic margin -- of the opportunity to take shots at him. "President Trump has already won this evening's debate because everything is going to be about him," said Chris LaCivita, a senior aide on the 77-year-old billionaire's campaign. "Only President Trump has the policy ideas, the fortitude, and the polling to go head-to-head with Crooked Joe Biden in the general election." With the largest polling lead in more than 40 years of Republican presidential nominating contests, Trump has made clear he sees no benefit to standing on a debate stage and opening himself up to hits from the rest of the field. He announced Wednesday that he is planning counterprogramming that will consist of a pre-recorded interview with former Fox News host Tucker Carlson, to be posted online just as the debate gets underway. "'SPARKS WILL FLY.' ENJOY!" he teased on his social network, Truth Social. Despite his no-show, Trump is expected to loom over the debate stage in Wisconsin's largest city, with his multiple prosecutions set to be the subject of questions from the Fox News hosts moderating the event. I can take it The former reality TV star is even planning to deprive his rivals of post-debate headlines as he surrenders to authorities in Atlanta Thursday afternoon over his fourth indictment of the year, for an alleged criminal conspiracy to steal the 2020 election. His former attorney Rudy Giuliani, who is charged with racketeering in the case alongside Trump and 17 other co-defendants, headed to Georgia's capital hours before the debate to turn himself in. "I'm a big boy. I can take it. I have fought battles much worse than this," Giuliani, a former federal prosecutor, told reporters outside his New York residence. For Trump's closest rival, Florida Governor Ron DeSantis, the name of the game will be to reverse his flagging poll numbers and demonstrate that he is a viable alternative to the frontrunner. Candidates will likely be asked about competition with China and America's foreign policy in Ukraine and Russia -- an issue that caused DeSantis to stumble early in the campaign. With a seismic shift needed to dethrone Trump, many commentators were viewing the debate as primarily a showcase for candidates angling to be Trump's running mate. Lower profile candidates like businessman Vivek Ramaswamy will see the debate as a chance to introduce themselves to the wider public -- and perhaps make their case for jobs in a future Trump administration. "Tonight's Republican undercard event really shouldn’t even be called a debate, but rather an audition to be a part of President Trump's team in his second term," LaCivita said. Not a coronation However, analysts have argued that with more than four months until the first nomination votes in Iowa and New Hampshire, it is way too early to call the race. "If the same person finishes first or second in Iowa and New Hampshire, this becomes a two-person race no matter how many other people (are) in it... Nobody's caught the wave yet but somebody's going to and when they do, Trump's going to have a race on his hands," former US senator Judd Gregg told political outlet The Hill. Trump dodged a debate in Iowa in 2016, ensuring that his closest rival Ted Cruz took all the heat, although the Texas senator went on to win the Iowa vote days later. The DeSantis team is expecting a similar dynamic on Wednesday, although US media reported that political newcomer Ramaswamy is also likely to be attacked over inconsistencies in his policy statements. Trump won't have it all his way, though, with distant underdogs Chris Christie and Asa Hutchinson both hoping for a breakout moment skewering the former president and his former vice president Mike Pence unlikely to pull his punches. Christie is also expected to go after DeSantis over his awkwardness on the campaign trail and a memo posted online by the leading political organization supporting his campaign, urging him to defend Trump. "I think it's fair when these other candidates say it's not a coronation, it's an election," debate co-moderator Bret Baier said in an interview this week with conservative radio host Hugh Hewitt. The post Absent Trump expected to steal show at Republican debate appeared first on Daily Tribune......»»
India announces new French fighter jet deal as Modi visits Paris
India announced a new multi-billion-dollar deal for French fighter jets on Thursday as Prime Minister Narendra Modi visited Paris for a two-day trip that will see him feted as the guest of honor during France's national day celebrations. India's defense ministry said that the country intended to order 26 more Rafale jets as well as another three Scorpene-class submarines, with the price and other terms still being worked out. India is one of the biggest buyers of French arms, and Modi announced a landmark deal for 36 Rafale fighter jets during a 2015 trip to Paris that was worth around 4.0 billion euros at the time. Some of those Indian-piloted Rafales will take part in a flypast on Friday during France's Bastille Day military parade where Modi will sit alongside French President Emmanuel Macron as guest of honour. "This closeness is not limited to just the leaders of two countries, it is in fact a reflection of the unwavering friendship between India and France," Modi told an enthusiastic crowd of Indians living in France on Thursday evening. Despite differences over the war in Ukraine and tensions over human rights in India, Western democracies are courting Modi and India as a counterweight to China in Asia. Macron's red carpet welcome comes weeks after Modi was given the rare honor of a White House state dinner in Washington -- a city he was once banned from visiting. "India is one of the pillars of our Indo-Pacific strategy," an aide to Macron told reporters this week on condition of anonymity. Human rights But amid the pomp and diplomatic courting in France, a resolution from the European Parliament on Thursday served as a reminder of Modi's controversial leadership style and Hindu nationalist agenda that has critics at home and abroad. Sitting in Strasbourg in eastern France, EU parliamentarians approved a motion that urged India to end violence in the country's restive northeastern Manipur state and to protect minorities there. Clashes between the majority Meitei, who are mostly Hindus, and the mainly Christian Kuki tribe have left at least 120 people dead, 50,000 displaced and over 1,700 houses destroyed, the parliament said. It criticized the "nationalistic rhetoric" of the local state government, run by Modi's Bharatiya Janata Party. Modi's role during Bastille Day in France was "an affront not only to India's minority communities, journalists and human rights defenders but also to India as a democracy," the text's chief negotiator, Pierre Larrouturou, said. A protest called against Modi drew only a few dozen people in central Paris on Thursday. Strategic partnership Modi has visited France four times since Macron came to power in 2017, while Macron was honored with a state visit to New Delhi in 2018. Aides on both sides have talked up the personal chemistry between the two leaders and pointed to cooperation on climate change, space technology, and nuclear power as part of a 25-year-old "strategic partnership" between France and India. Modi told the French newspaper Les Echos that bilateral trade had doubled in the last nine years and Macron's "thinking really matches ours". India and France "are naturally compatible" and "we see France as one of our foremost global partners," Modi added. Few observers expect Macron to raise rights concerns with Modi publicly. "The fact that explains France's relative success in this relationship is that unlike the US, the UK, Canada, Germany and a few other European countries, you've hardly seen France commenting on the internal affairs of India," Constantino Xavier from the Centre for Social and Economic Progress, a New Delhi-based think tank, said this week. "That has been appreciated on the Indian side." Modi has been dogged by allegations he was complicit in religious violence during his tenure as chief minister of the western state of Gujarat in 2002 when around 1,000 people, mostly Muslims, were killed in sectarian riots. The Indian government and judicial probes have cleared him of culpability. Since his first crushing electoral victory in 2014, he has also been denounced by rights groups for increased discrimination and violence towards the country's Muslims, as well as stifling independent media. "Diversity is the biggest strength of our democracy," he told the meeting on Thursday evening that also lauded the country's economic growth. Many European and American businesses, including US tech giant Apple, are ramping up production there to mitigate the threat of supply chain disruptions from China. The war in Ukraine has heightened concerns in the West about the risk of conflicts disrupting the flow of key raw materials and technology from China, but it has also exposed a rift with India. New Delhi, which has long sought to balance its ties with Moscow and the West, has declined to condemn Vladimir Putin's invasion of Ukraine and has emerged as a top buyer of discounted Russian oil during the biggest conflict in Europe since World War II. The post India announces new French fighter jet deal as Modi visits Paris appeared first on Daily Tribune......»»
Unemployment eases in April
The unemployment rate in the Philippines eased in April as the domestic economy made further progress in the labor market, data from the Philippine Statistics Authority showed on Friday. In a briefing, National Statistician Dennis Mapa said preliminary results of the April 2023 Labor Force Survey showed the number of unemployed persons during the month stood at 2.26 million. The number declined by 18.12 percent from the 2.76 million unemployed Pinoys in April last year. Month-on-month, the number of jobless Filipinos or those out of business in April is lower than the 2.42 million unemployed persons tallied in March. That translated to an unemployment rate of 4.5 percent in March, inching down from the preceding month's rate of 4.7 percent. The country's employment rate in April also soared to 95.5 percent from 94.3 percent in 2022. Mapa said industries with the largest increase in employment were wholesale and retail trade, accommodation and food service activities, transportation and storage, and other service activities. "This is because we see the reopening of the economy, there are more tourists, more people are going out that's why the largest source of employment is the accommodation and food service activities plus transportation. Those are the areas we have an increase in the number of employed persons," Mapa said. However, the data indicated that there were 6.2 million Filipinos who desired to work additional hours in April, reflecting an underemployment rate of 12.9 percent. This figure was higher than the previous month's rate of 11.2 percent. Several economists remained bullish on the country's labor market prospects after the country's labor data figures improved across all indicators in April. China Banking Corp. chief economist Domini Velasquez noted in a Viber message that there are no signs of a deterioration in the country’s employment outlook in the near term, due to continued economic expansion. However, Velasquez mentioned that there are key risks to the labor market’s recovery abound. “Key risks remain to be higher than expected minimum wage hikes, El Nino’s impact on the agriculture sector, and slow down in exports industries,” she added. Meanwhile, Ateneo De Manila University's economist Leonardo Lanzona turned critical of the latest jobs data. He argued that data on the accessibility of nonstandard labor arrangements, such as online labor platforms which offer jobs but not much in compensation, is particularly crucial at this point. "These informal jobs may be quite widespread," Lanzona said. The post Unemployment eases in April appeared first on Daily Tribune......»»
Top US, China officials meet in Vienna for ‘candid’ talks
US National Security Advisor Jake Sullivan and top Chinese diplomat Wang Yi met in Vienna this week, Washington and Beijing announced Thursday, as the two powers seek to maintain communication amid soaring tensions, especially over Taiwan. The two held eight hours of talks stretching over Wednesday and Thursday in the Austrian capital, ending an unofficial pause in high-level contacts since the United States shot down a Chinese surveillance balloon that had traveled across the country in January and February. Both sides described the previously unannounced meeting as "candid, substantive and constructive," covering topics including the Russian invasion of Ukraine and Taiwan, according to the White House -- two of the most sensitive subjects in the frosty relationship between the world's top two economies. Washington has repeatedly warned China against offering any military assistance to Russia and is closely watching its moves over Taiwan -- which Beijing claims as its own territory. The self-ruled island lives under the constant fear of a Chinese invasion, and Beijing has stepped up its rhetoric and military activity around it in recent years. Wang "comprehensively expounded upon China's solemn position" on Taiwan, Chinese state-run news agency Xinhua said, adding the two diplomats "agreed to continue to make good use of this strategic channel for communication." Getting past balloon incident The balloon incident, which China labeled an accident but which Washington viewed as an act of espionage, caused Secretary of State Antony Blinken to cancel a long-planned trip to meet his counterpart in Beijing. Just after the incident, Blinken met with Wang on the sidelines of the Munich Security Conference, during which he warned China not to repeat such an "irresponsible act." Wang in turn said that their countries' relations had been damaged by how Washington reacted. But the apparent diplomatic thaw in Vienna is likely to reignite speculation about a rescheduling of Blinken's trip or potential meeting between US President Joe Biden and Chinese leader Xi Jinping. The pair last spoke on the sidelines of the G20 summit in Indonesia in November 2022. Asked about the issue Wednesday, Biden said there had been progress. US seeks cooperation on drugs In a background briefing for reporters, a senior US administration official stressed that just having the Sullivan-Wang meeting was a step forward. The idea was to "try to find a few issues where there are some overlapping interests," the official said. "We've made no secret that we see maintaining channels of communication as particularly important in times of tension, that it's important to manage competition," the official said, adding that both sides agreed on that. Sullivan and Wang discussed Indo-Pacific regional security issues, and the top Biden aide pressed Wang for better cooperation in fighting drug trafficking, the official said. Washington says Chinese firms supply the chemicals that Mexican drug cartels use to make fentanyl, responsible for a massive spike in drug overdose deaths in the United States. "We raised our concern about the lack of communication on this issue and pressed for constructive engagement," the official said. On Taiwan, the official said the United States stressed that the two sides had managed the issue "for over 40 years without conflict" and that Washington did not want to see any unilateral change to the "status quo" in the situation. It takes two Chinese diplomats have kept up a steady drumbeat of criticism against America, and Xi made a rare direct rebuke of Washington in March, accusing "Western countries led by the United States" of trying to undermine his country. Biden has said he will not do China any favors in the competition between the two superpowers but has vowed he would do everything possible to keep the rivalry from descending into conflict. Sullivan, in a major speech on 27 April, outlined the US strategy to build a "fairer, more durable global economic order" -- and singled China out for mention. "We're looking to manage competition responsibly and seeking to work together with China where we can," he said. The post Top US, China officials meet in Vienna for ‘candid’ talks appeared first on Daily Tribune......»»
DOT optimistic of tourism recovery through group tours by Chinese visitors
The Department of Tourism is bullish about reaching the pre-pandemic tourism arrival numbers after the easement of outbound travel restrictions of China and the influx of Chinese visitors to the country......»»
Abe aide joins race for Japan’s PM
TOKYO, Japan (China Daily) — Suga, a longtime lieutenant of Abe in a key supporting role, had denied interest in the top job but attracted attention with a series of interviews with Reuters and other news organizations in the days before Abe’s abrupt resignation for health reasons. Abe’s announcement on Friday, citing a worsening of […] The post Abe aide joins race for Japan’s PM appeared first on Daily Tribune......»»
Numerous Individuals and Businesses Profit from Trump Media Stock
Former President Donald J. Trump’s social media company, Truth Social, had a successful first official trading session on the Nasdaq, with shares surging and approaching.....»»
Pentagon chief reaffirms support after latest China aggression in WPS
Austin emphasized US support for the Philippines in defending its sovereign rights and jurisdiction in a phone call with Defense Secretary Gilberto Teodoro on Wednesday. .....»»
Revisiting Uniteam (Last of 2 parts)
THE Uniteam coalition of President Ferdinand "Bongbong" Marcos Jr. and Vice President Sara Duterte, described by many political analysts as the "dream team", had come a long way since sweeping the 2022 elections......»»
Dela Rosa considers war with China but admits: ‘Hindi naman natin kaya’
MANILA, Philippines — Senator Ronald “Bato” Dela Rosa is already fed up with China’s persistent harassments in the West Philippine Sea, prompting thoughts of engaging in war with Beijing. But he knows, war is not an option. “Naubos na ang sasabihin ko dapat dyan. Short of declaring war na tayo dyan against sa kanila e,.....»»
Trending tickers: Trump Media, Tesla, Bitcoin and DS Smith
Former US president Donald Trump’s media firm, Trump Media & Technology Group, had a successful stock market debut in New York, with shares soaring past.....»»
FOCAP condemns Chinese embassy’s claims on ‘manipulated’ West Philippine Sea videos
The Foreign Correspondents Association of the Philippines strongly rejected and condemned yesterday China’s “false and baseless” claims that journalists manipulate videosthey recorded in the South China Sea to present the Philippines as a victim......»»
Security Council warns of foreign interference in 2025 polls
There may be foreign interference in next year’s midterm elections and the Department of Information and Communications Technology should prepare to counter cyberattacks, the National Security Councilwarned yesterday......»»
Double pay for workers reporting on Holy Week
Workers nationwide may opt to enjoy a long holiday break or hefty pay this Holy Week......»»
Roque: Xi, Duterte agreed to keep West Philippines Sea status quo
The Philippines under former president Rodrigo Duterte had a “gentleman’s agreement” with China to keep the status quo in the West Philippine Sea, a former Cabinet official said yesterday, as fresh tensions surround the WPS due to recent incursions by Beijing that targeted a Filipino resupply mission and a research team......»»
Bullish amid wars
Two hot wars and a trade war are ongoing......»»