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25d06/02

Can China fill funding and leadership gaps after America quit the WHO?

Vanuatu had a clear goal at last month’s annual assembly of the World Health Organization in Geneva – securing new international aid for the Pacific island nation. “I’m here to lobby for support,” said Jenny Stephens, Vanuatu’s director of public health. “We are experiencing the global funding cuts – it’s affecting our programmes like malaria, TB and HIV. We’re already struggling.” Vanuatu’s health programmes are among thousands in the Global South that have been halted or cancelled since the...

unclassifiedchina · asia · usa
25d06/02war-conflict · 3/5

China Draws Down Billion-Barrel Stockpile as Iran War Cuts Imports in Half

The Iran War and the oil and gas market disruption it has caused have prompted a massive drop in Chinese crude oil imports. These were estimated at a little over 6 million barrels daily last month, down from almost 11.40 million barrels daily in February. The twist: China is the country that can afford such a slump, thanks to its inventories. May imports stood at a daily average of 6.36 million barrels, Kpler data cited by Reuters’ Clyde Russell showed this week. This was down from 8.10 million

unclassifiedmiddle-east · russia · usa
25d06/02war-conflict · 3/5

Trump-Netanyahu relationship under growing strain over Iran: ‘you’re crazy!’

They went to war together against Iran, but Donald Trump and Benjamin Netanyahu’s relationship is under strain after the US president reportedly called the Israeli premier “crazy”. Trump unleashed a profane tirade over the phone at Netanyahu over Israel’s threats to bomb the Lebanese capital Beirut, fearing it would undermine talks with Tehran, the Axios news outlet and ABC News reported. It underscored the increasingly shaky ties between two right-wing allies with lots to lose politically from.

unclassifiedchina · asia · iran
25d06/02

China-Kazakhstan grain-trading deal shows shifting Asian food order

In a move that could rattle global grain markets, China and neighbouring Kazakhstan – Central Asia’s largest grain producer and a key Belt and Road Initiative partner – agreed last week to establish a joint grain-trading platform during talks in Astana. The two sides also discussed long-term supply contracts, logistics hubs, dry ports and technology cooperation in storage and processing. Although full details remain limited, reports indicate the platform will be modelled on China’s state-managed

unclassifiedchina · asia
25d06/02coups-regime · 1/5

Thoughts on the raging bull that is semi

This isn’t a brag, as I’ve invested long enough to experience various market downturns. I’ve been heavily invested in AI/Semi stocks over the past year and have experienced a fair amount of volatility as a result but watching my portfolio rocket over the past couple of months makes me feel exuberant, giddy, and slightly uncomfortable. Like I wonder if I’m being greedy for thinking that this trend is going to continue. Pigs get slaughtered and all that… Part of me wants to cash half of it out and

Socialunclassifiedusa
25d06/02

Milestone: 10k in ETF reached

Hi guys! This message goes out to everyone who hasn't inherited anything and who doesn't have rich parents! GO ON AND STAY TUNED! I started investing in 2021 after completing my studies, but with around 300 euros per month because I still lived like a student and 3.8 net. Then suddenly life got in the way and a lot happened. For some time now I have been earning significantly less and investing around 55 euros in the ETFs. Largest position is MSCI World, but I have several ETFs

Socialunclassifiedgermany · europe
25d06/02

China clears Brazilian beef of foot-and-mouth disease, but quota limits profits

Brazil has won wider access to the world’s biggest beef market after China recognised the entire country as free of foot-and-mouth disease, though a new quota will still cap prices. The decision was announced on Tuesday by China’s General Administration of Customs and the Ministry of Agriculture and Rural Affairs and was communicated during Brazilian Foreign Minister Mauro Vieira’s visit to Beijing. After a risk analysis, Beijing lifted the restriction on northern Brazil and recognised the...

unclassifiedchina · asia · brazil
25d06/02

Russia’s China Energy Lifeline Is Becoming a Noose

The recent summit meeting between Chinese President Xi Jinping and his Russian counterpart Vladimir Putin ending on 20 May raised more questions than answers for many observers, probably including Putin himself. There was the standard announcement of several deals signed to boost cooperation in matters of the economy, trade, education, science, and technology. And there was the release of the usual document denouncing the current global hegemony associated with the U.S.-led Western alliance (47

unclassifiedmiddle-east · russia · usa
25d06/02war-conflict · 3/5

US Crude Oil Inventories Continue Downward Plunge But Gasoline Surprises

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.75 million barrels in the week ending May 29. In the week prior, US crude oil inventories fell by 2.8 million barrels. Analysts had expected a 3.6 million draw. Despite the sharp dropoff of the last several weeks, US crude inventories have risen by 16 million barrels so far this year, according to API data. Inventories in the US Strategic Petroleum Reserve (SPR) continue to draw down in an

unclassifiedmiddle-east · russia · usa
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