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33d06/01⚠ war-conflict · 2/5

Trump has buried liberal world order but what comes next could be better

The two terms of US President Donald Trump have shaken the old style of US liberal internationalist leadership. Yet, as some doors close, others open. The summit between President Xi Jinping and Trump in Beijing last month suggests that the United States and China might now have an opportunity to move beyond ideological confrontation and towards a more realistic framework of coexistence, strategic stability and managed competition. For decades, Washington has held global primacy and pursued a...

◇ unclassifiedchina · asia · usa
33d06/01

BP Sells 5% Stake in Australia's Newest $35 Billion LNG Project

BP will sell 5% in the $35-billion Browse LNG project in Australia, which Australian energy giant Woodside is looking to progress, the UK-based supermajor told Reuters on Monday. BP is selling the 5% stake, out of its total of its 44% interest, to South Korea's GS Energy. “The dilution reflects BP’s disciplined approach to portfolio management by bringing in a committed partner,” BP said in a statement emailed to Reuters. The Browse LNG project in Australia, proposed by Woodside Energy, entails

◇ unclassifiedmiddle-east · russia · usa
33d06/01⚠ war-conflict · 3/5

Snap polls in Malaysia’s Johor test Umno comeback bid and Anwar’s ruling alliance

Malaysia’s southern state of Johor dissolved its legislature on Monday, setting up an election within 60 days that analysts said would test whether the once-dominant Umno-led Barisan Nasional (BN) coalition can turn its state stronghold into a launch pad for a wider political comeback. The vote will also put Prime Minister Anwar Ibrahim’s Pakatan Harapan (PH) reformist alliance in an awkward contest against its federal partner BN, with both coalitions set to run against each other in Johor...

◇ unclassifiedchina · asia · usa
33d06/01

21M, ETF advise needed

Hello everyone. I'm 21M, started investing in ETFs about a year ago. Currently I'm investing €750 every month in: WEBN - World (77%) EIMI - Emerging Markets (13%) IUSN - Small Cap (10%) Then, on the side, ca. €5k emergency fund in savings account (ca 4% interest). Also sometimes I buy some stocks, nothing serious, max €50/month. Main concerns: is this good or would it be better to just stick to 100% World? Is the emergency fund ok? Too much, Too few, better alternatives? Am I wasting money on th

Social◇ unclassifiedeurope
33d06/01

China’s investment-driven role in global growth is underestimated, study says

China’s contribution to global growth is underestimated while the yuan is positioned to emerge as a fundamentally strong global currency, according to a new study from a prominent Beijing-based think tank. Researchers from the China Finance 40 Forum (CF40) – comprising senior regulators and financial experts – said the country’s investment scale could be as much as 3.4 times that of the United States when measured by the volume of physical investment. The analysis, published in a note on Sunday,

◇ unclassifiedchina · asia · usa
33d06/01

‘Seasoned China hand’ set to lead National Committee on US-China Relations: sources

Sarah Beran, a former deputy chief of mission at the US embassy in Beijing, is set to succeed Stephen Orlins as president of the National Committee on United States-China Relations (NCUSCR), the South China Morning Post has learned. Speaking on condition of anonymity because they were not authorised to comment publicly, the sources said Orlins, 76, president of the NCUSCR since 2005, would retire and play an advisory role after the transition. The NCUSCR’s leadership has been notified of the...

◇ unclassifiedchina · asia · usa
33d06/01

Rescuers dig for bodies after Myanmar explosives blast kills at least 38

More than a dozen rescue and charity groups used excavation machinery on Monday to recover bodies following a massive blast from stored mining explosives in northeastern Myanmar. The explosion occurred on Sunday at noon in Kaungtup village, Namhkam township in Shan State near the Chinese border. Initial reports had suggested there were at least 45 deaths, but local rescue volunteers now put the number of dead at 38-40. Determining the exact death toll has been complicated because several bodies.

◇ unclassifiedchina · asia
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