Taiwan to Spend US$9b in Arms Due to Alleged Severe Threat from China

Taiwan’s cabinet approved spending an additional $9 billion on arms and missiles to strengthen its defense against allegedly severe threats from China. Taiwan President Tsai Ing-wen has been prioritizing defense spending as China ramps up pressures on Taiwan by sending …

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EU Rejects New UK Demand for Post-Brexit Deal on N.Ireland

The European Union’s Brexit coordinator rejected Britain’s latest demand to renegotiate post-Brexit protocols on trading with Northern Ireland. EU Commission vice president Maroš Šefčovič said that he was “absolutely convinced” that issues within the protocol can be solved. “Let’s focus …

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China to Wait for Stability Before Afghan Economic Dialogue

Experts said that China will have to wait for Afghanistan to stabilize before seeking economic dialogues with the Taliban if it wants to avoid conflict. Chinese foreign ministry spokesperson, Hua Chunying, stated on Aug. 16 that Beijing will continue to …

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Embargo on Food and Medicine Lifted in Cuba Amid Unrest

Cuba announced that it would allow travelers arriving in the country to bring food, medicine, and other commodities without amid the street protest last weekend. Cuba on Wednesday has temporarily relaxed its limitations on the amount of food and medicine …

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Chinese Authorities Reiterate Crypto Anti-Speculation Law for Local Financial and Payment Institutions

Chinese Financial institutions reiterated the 2017 anti-crypto speculation law for local financial institutions and payment companies from providing services related to cryptocurrency transactions amid market fluctuations. The Chinese National Internet Finance Association of China, the China Banking Association, and the …

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