Stock market crash/slump ?
too much jaw-boning and stimulus for me to turn bullish
After Taking $4.7 Billion Hit, Credit Suisse Executives Step Down
Canadian banks shrink workforces as they invest heavily in technology
once folks work out hardly any job is safe , who is going to buy a house ( since Central Banks are already deterring investors )
Exclusive: World Bank, IMF eye ways to link debt relief to climate change spending
US warns China over moves on Philippines, Taiwan
A photo from Philippine authorities shows Chinese vessels anchored at Whitsun Reef in March 2021
A photo from Philippine authorities shows Chinese vessels anchored at Whitsun Reef in March 2021 amid rising tensions. (Photo: AFP/Handout)
08 Apr 2021 07:19AM
(Updated: 08 Apr 2021 07:23AM)
WASHINGTON: The United States on Wednesday (Apr 7) warned China against what the Philippines and Taiwan see as increasingly aggressive moves, reminding Beijing of Washington's obligations to its partners.
"An armed attack against the Philippines' armed forces, public vessels or aircraft in the Pacific, including in the South China Sea, will trigger our obligations under the US-Philippines Mutual Defense Treaty," State Department spokesman Ned Price told reporters.
"We share the concerns of our Philippine allies regarding the continued reported massing of PRC maritime militia near the Whitsun Reef," Price said, referring to the People's Republic of China.
More than 200 Chinese boats were first spotted on Mar 7 at Whitsun Reef, around 320 kilometers (200 miles) west of Palawan Island in the contested South China Sea, although many have since scattered across the Spratly Islands.
China, which claims almost the entirety of the resource-rich sea, has refused weeks of appeals by the Philippines to withdraw the vessels, which Manila says unlawfully entered its exclusive economic zone.
Tensions have also risen with Taiwan, which Beijing claims as part of China, with the self-governing democracy on Wednesday reporting that 15 more of the mainland's planes crossed into the island's air defence zone.
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Price voiced "concern" about the Chinese moves, saying: "The United States maintains the capacity to resist any resort to force or other forms of coercion that would jeopardise the security or the social or economic system of the people on Taiwan."
He was using language from the Taiwan Relations Act, under which the United States is obliged to provide the island with the means to defend itself against Beijing.
President Joe Biden has vowed a robust defence of allies and, in a rare point of continuity with his predecessor Donald Trump, has supported strong pushback against Chinese assertiveness.
is de dirty still murdering countless thousands of unarmed drug users and forcing thousands into hellish jails for the crime of smoking a joint ? the phillipines is a corrupt stinking third world shithole a depraved human zoo where child prostitutes are woth less than a farm animal is in Australia.