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25d06/17war-conflict · 2/5

PLA’s plan to destroy US carriers; world’s largest whale graveyard: 7 science highlights

We have put together stories from our coverage on science from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. PLA scientists propose a plan to destroy US carrier groups from 3,000km away As the United States quietly pulls its most precious military assets away from the coasts of Asia, they are falling back to places like Guam in Micronesia, a US island territory far beyond the reach of most conventional missiles. 2...

unclassifiedchina · asia · usa
26d06/17war-conflict · 2/5

Gulf gamble: will South Korea step up for Strait of Hormuz security?

The expected reopening of the Strait of Hormuz under a US-Iran ceasefire framework could ease pressure on South Korea’s energy-dependent economy while creating a thornier diplomatic problem for Seoul: how much should it contribute to securing the waterway? That question is likely to shadow President Lee Jae Myung’s visit to the Group of Seven summit this week in Evian-les-Bains, France, where the wars in Ukraine and Iran are expected to dominate talks among G7 leaders and several invited...

unclassifiedchina · asia · usa
26d06/16

American flag blue? Algae turns Trump’s reflecting pool swamp green instead

One of President Donald Trump’s pet beauty projects for Washington was supposed to make the Lincoln Memorial Reflecting Pool look blue, like part of the US flag. Enter Mother Nature. Algae has proliferated in the water, turning it a swampy green. “Can you see it in my photos? Oh well, I’ll just use a filter to hide the algae,” said Farrah Lu, a 43-year-old tourist from China. The invasion comes just days after the completion of the pool repainting project, part of Trump’s drive to put his stamp.

unclassifiedchina · asia · usa
26d06/16

SpaceX vaults past Amazon’s market value, briefly topping Microsoft

SpaceX roared past Amazon’s market valuation on Tuesday ⁠and briefly topped that of Microsoft, rapidly scaling the list of the world’s most valuable companies on a topsy-turvy trading day fuelled by frenzied action in the firm’s newly listed option contracts. SpaceX shares rose 4.8 per cent to close at US$201.80, giving Elon Musk’s company a market value of roughly US$2.655 trillion – some US$800 billion more than its value when it sold its record initial public offering last week and about...

unclassifiedchina · asia
26d06/16

Latin America and Europe are bystanders in the US-China AI race, says Lula’s top adviser

The race for artificial intelligence has hardened into a two-power contest between the United States and China, fought over rare earths, data and the rules governing the technology, with Latin America and Europe sidelined, Brazil’s top foreign policy adviser said on Tuesday. Celso Amorim, a former foreign and defence minister, made the case at the Forte de Copacabana International Security Conference in Rio de Janeiro, an annual forum run by the Brazilian Centre for International Relations with.

unclassifiedchina · asia · usa
26d06/16

US Crude Oil Inventories Down Again, Losing 52 Million Barrels in 9 Weeks

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 8.33 million barrels in the week ending June 12. Analysts had expected a 4.5 million draw. In the week prior, US crude oil inventories fell by a rather large 9.119 million barrels. Although inventories have been falling rapidly for the last 2+ months, shedding 52 million barrels over the last nine weeks, US crude inventories are only down 1.4 million barrels so far this year, according to API

unclassifiedmiddle-east · russia · usa
26d06/16shipping-routes · 2/5

Taiwan opposition leader takes her case to Washington

The two-week US trip by Taiwan’s main opposition leader offered Washington a different take on cross-Strait relations, although whether it will change anything remains in question, some experts said. Kuomintang (KMT) chairwoman Cheng Li-wun landed back in Taipei early on Tuesday, concluding a five-stop visit she called “beyond expectations”. Cheng began her trip on June 1, visiting San Francisco, Boston, New York, Washington and Los Angeles. She met with representatives from several think tanks.

unclassifiedchina · asia · usa
26d06/16war-conflict · 3/5

Trump taps Defence Production Act to boost US weapons stockpiles drained by Iran war

US President Donald Trump invoked the Defence Production Act in an effort to bolster delivery of weapons whose stockpiles critics say have been strained by the war in Iran and other conflicts. The president cited “systemic constraints in the munitions industrial base” in his order for Defence Secretary Pete Hegseth to make “voluntary agreements and plans of action” to address the depleted US defence capacity, according to a memo dated June 11 and posted in the Federal Register. It was not...

unclassifiedchina · asia · usa
26d06/16war-conflict · 3/5

Hormuz Reopens as Traders Price Out the War Premium

The U.S.-Iran agreement to reopen Hormuz and lift the maritime blockade has pushed oil below $80, though risks remain if tensions in Lebanon escalate. China Slams the Brakes on Crude Refining - China’s crude throughput has plunged by a hefty 9.1% year-over-year to 12.7 million b/d, according to the country’s National Bureau of Statistics, marking one of the most substantial instances of demand destruction on the heels of the US-Iran conflict.- Refinery runs in China plunged to their lowest since

unclassifiedmiddle-east · russia · usa
26d06/16war-conflict · 3/5

The $10 Billion Energy Corridor That Could Bypass Hormuz

The extended disruption caused by the US-Iran conflict highlights a need for diversifying energy export routes to reduce dependency on shipping via the Strait of Hormuz. A new initiative launched by the Washington, DC-based New Lines Institute seeks to develop Syria and Turkey into major energy distribution hubs. The Four Seas Initiative outlines an expansive framework for redirecting energy export flows in ways that can lessen European dependence on Russian and Iranian oil and gas while directi

unclassifiedmiddle-east · russia · usa
26d06/16

Hong Kong court rejects HK$12m claim against Cecilia Cheung over contract dispute

A Hong Kong court has dismissed a HK$12 million (US$1.53 million) claim against actress Cecilia Cheung Pak-chi by her former agent, finding that she had never signed an agency contract she allegedly breached nor received advance payment for her services. Cheung, 46, was involved in a legal battle with Asia Entertainment Group (AEG) president Samuel Yu Yuk-hing for allegedly reneging on her promise to appear in several films produced by the now-liquidated company between 2011 and 2019, pursuant..

unclassifiedchina · asia · europe
26d06/16war-conflict · 3/5

5 arrested after FBI foils drone, sniper plot during White House fight night

US law enforcement on Tuesday said it had foiled a plot to attack the White House during a crowded mixed martial arts event attended by President Donald Trump and other top officials. “Thanks to the rapid action of the FBI, our partners, and the Department of Justice in a multi-state operation, multiple individuals are now in custody and allegedly planned attacks were stopped cold,” FBI Director Kash Patel announced on social media. His post included a caption of a Fox News headline reading:...

unclassifiedchina · asia
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