Tags: China

10 things you need to know today: August 20, 2023

1 Hilary weakens to Category 1 hurricane as it nears landfall Hurricane Hilary was downgraded to a Category 1 storm on Sunday, but is still expected to bring significant damage to the Baja California peninsula as it nears landfall. The storm, the first of its kind in southern California in 84 years, will bring heavy…

Mutinous soldiers in Gabon say they’ve ousted president whose family has ruled for 55 years

Mutinous soldiers claimed to have seized power in Gabon on Wednesday and put the president under house arrest, hours after he was declared the winner in an election that extended his family’s 55-year reign in the oil-rich Central African nation. In his first public appearance since the coup attempt, President Ali Bongo Ondimba called on people to…

Will China’s slowdown pull the US into recession?

China can’t seem to shake off its post-COVID economic slump. Will that weakness backfire on the American economy? CNBC reported that the People’s Bank of China cut interest rates this week in an effort to spur economic growth, amidst a “confidence crisis” that has seen exports fall dramatically, factory production slow down, and housing sales…

Is the bride 25 or younger? Couples get cash reward to promote earlier marriage in China

HONG KONG — Local Chinese officials trying to encourage earlier marriages are offering an incentive that all newlywed couples can appreciate: cash. Couples who marry while the bride is 25 years old or younger will get a reward of 1,000 yuan ($137), officials in Changshan county, in the eastern province of Zhejiang, said last week…

10 things you need to know today: August 12, 2023

1 At least 80 dead in Maui wildfire as search for survivors continues The death toll from the devastating wildfire in Maui, Hawaii, reached 80 on Friday, officials said, as rescue workers continued to search for survivors in the decimated town of Lahaina. Police were restricting access throughout the island, and access to Lahaina remained heavily…

U.S. Marines killed in Australian Osprey crash are identified

SAN DIEGO — Three U.S. Marines killed in the weekend crash of an Osprey aircraft in Australia were identified Monday. They were Cpl. Spencer R. Collart, 21, of Arlington, Virginia; Capt. Eleanor V. LeBeau, 29, of Belleville, Illinois; and Maj. Tobin J. Lewis, 37, of Jefferson, Colorado, their unit, Marine Rotational Force-Darwin, said in a statement.…

What price should the US pay for an Israel-Saudi Arabia peace pact?

Peace of a sort may be at hand between Israel and Saudi Arabia. The Wall Street Journal reported the two longtime antagonists are preparing to normalize relations, with Saudi Arabia finally giving formal recognition to Israel in return for  “concessions to the Palestinians, U.S. security guarantees and civilian nuclear help.” There are still “long odds,”…

Biden’s ‘historic’ Asia summit confronts an old foe: History

Trust Foreign Policy Biden’s ‘historic’ Asia summit confronts an old foe: History | View caption Hide caption A summit between the United States, Japan, and South Korea sought to institutionalize the trilateral relationship. But the relations must overcome several sources of distrust: in Asia of U.S. staying power, in China toward the three allies, and…

Will China’s slowdown pull the US into recession?

China can’t seem to shake off its post-COVID economic slump. Will that weakness backfire on the American economy? CNBC reported that the People’s Bank of China cut interest rates this week in an effort to spur economic growth, amidst a “confidence crisis” that has seen exports fall dramatically, factory production slow down, and housing sales…