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G7 LEADERS DISCUSS RUSSIAN OIL PRICE CAP, AGREE ON INFRASTRUCTURE PLAN

Moscow launched missile strikes on the Ukrainian capital of Kyiv in the first such attack in weeks as the Group of Seven (G7) leaders discussed plans to cap the price of Russian oil at the group's annual meeting on Sunday. At the start of the meeting in the Bavarian Alps, Britain, France, the United States,… Continue reading G7 LEADERS DISCUSS RUSSIAN OIL PRICE CAP, AGREE ON INFRASTRUCTURE PLAN

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JAPAN TRACKS EIGHT RUSSIAN AND CHINESE WARSHIPS NEAR ITS TERRITORY

At least eight Russian and Chinese warships have been spotted in the seas near Japan this week, another sign of the apparent pressure the two partners have been putting on Tokyo as relations deteriorate over Ukraine and Taiwan respectively.Japan’s Defense Ministry on Tuesday said its forces had observed five Russian warships led by an anti-submarine… Continue reading JAPAN TRACKS EIGHT RUSSIAN AND CHINESE WARSHIPS NEAR ITS TERRITORY

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JAPAN CUTS HOLDINGS OF U.S. TREASURIES TO 14-MONTH LOW

Japan's holdings of U.S. Treasuries fell further in April to their lowest since January 2020, amid a persistent decline in the yen versus the dollar, which may have prompted Japanese investors to sell U.S. assets to benefit from the exchange rate.Japanese holdings fell to $1.218 trillion in April, from $1.232 trillion in March. Japan remained… Continue reading JAPAN CUTS HOLDINGS OF U.S. TREASURIES TO 14-MONTH LOW

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U.S. WARNS CHINA ON TAIWAN AS DEFENSE OFFICIALS MEET TO COOL TENSIONS

SINGAPORE --- U.S Defense Secretary Lloyd J. Austin III warned China on Saturday against what he called “provocative and destabilizing” activity near the disputed island of Taiwan, following talks with China’s defense minister, Gen. Wei Fenghe, that focused on preventing regional tensions from escalating into crises.Taiwan — a self-ruled island that Beijing claims as its… Continue reading U.S. WARNS CHINA ON TAIWAN AS DEFENSE OFFICIALS MEET TO COOL TENSIONS

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U.S TO CHINA: WE’RE HOSTING WORLD’S LARGEST NAVAL EXERCISE, IN PACIFIC

The U.S. is hosting the world’s largest naval war games in the Pacific ocean this summer in a loud message to China. All four members of the Quadrilateral Security Dialogue (also known as “The Quad”) and at least five countries from the South China Sea will be in attendance.In a Tuesday press release, the U.S.… Continue reading U.S TO CHINA: WE’RE HOSTING WORLD’S LARGEST NAVAL EXERCISE, IN PACIFIC