Headlines

Chinese EV firms can absorb EU tariffs: expert

The European Union’s new tariffs imposed on Chinese electric vehicles (EVs) will not greatly impact imports from China, according to the view of a former general counsel of the Office of the United States Trade Representative (USTR). Chinese automakers can easily absorb the

Is Israeli-Saudi normalization end or means?

The path to a peace treaty between Israel and Saudi Arabia is fraught with prerequisites unrelated to Israel or peace. Quoting Biden officials, the Wall Street Journal reported that Israel must first help rally US Senate support for an American-Saudi defense treaty that ensures

China’s war games near Taiwan threaten peace

Taiwan recently saw yet another peaceful transition of power with the inauguration of President Lai Ching-Te, who was elected to office in January. In his inaugural speech, Lai called on neighbouring China to cease its acts of intimidation and to “choose dialogue over

Whistleblower says Microsoft left US govt hackable

by Renee Dudley, with research by Doris Burke This story was originally published by ProPublica, a Pulitzer Prize-winning investigative newsroom. Microsoft hired Andrew Harris for his extraordinary skill in keeping hackers out of the nation’s most sensitive computer networks.

Fret not Delhi, Dhaka’s surely not in Beijing’s orb

For decades, Sino-Indian competition for sway over Bangladesh has been a hard-driving force in South Asia’s geopolitics. As a neighbor of India and a littoral state of the Indian Ocean, Bangladesh has often been embroiled in the rivalry, and accordingly, both Beijing and New

Inflation is cooling but not fast enough for the Fed

It was a double whammy for economic data enthusiasts. During the morning of June 12, 2024, the Bureau of Labor Statistics published its latest inflation figures. The news was relatively good, showing that inflation rose 3.3% in the year to May 2024 – less than some analysts had

Crucially limited buy-in to Ukraine peace summit

The “Summit on Peace in Ukraine”, hosted by Switzerland this weekend, is not a peace conference in the usual sense. Russia, which has dismissed it as irrelevant, won’t participate. And any summit aimed at ending the war can’t produce a final settlement without Russia’s

Wider European war on the horizon

The danger of the Ukraine war spilling over to Europe is rising. The risk of a European war has never been so high. The general consensus among military experts is that Ukraine is slowly, but inexorably, losing the war against Russia. But what does that mean? On its face,