Asia Pacific Jun 16, 2023
China’s spying in Cuba picks up where the Soviet Union left off
Beijing’s reported efforts at surveillance from Cuba are reminiscent of Lourdes, a Soviet-built listening post just south of Havana.
Beijing’s reported efforts at surveillance from Cuba are reminiscent of Lourdes, a Soviet-built listening post just south of Havana.
The Taiwan initiative isn’t a formal free-trade agreement, but it’s part of a broader push to deepen trade ties amid heightened tensions with Beijing.
Finance chiefs from India, Japan and the Paris Club of sovereign creditors held a joint briefing in Washington with the International Monetary Fund to mark the start of the restructuring.
The memorandum of understanding between the two countries focuses on information-sharing and policy dialogue toward greater collaboration in the semiconductor industry.
However, some supporters have said that Ajay Banga, who was raised in India, brings a different perspective to an institution whose leaders typically have been deeply embedded in the U.S.
The move is a step toward bulking up U.S. efforts to limit Beijing’s chipmaking and military ambitions.
The IMF cut its forecast for global growth next year to 2.7%, from the 2.9% seen in July and 3.8% in January.
Compounding the danger is the most aggressive monetary tightening campaign the Federal Reserve has embarked on in two decades.
Managing Director Kristalina Georgieva said that her worry is greatest for low-income countries because 60% are in debt distress or in danger of reaching that point.
World leaders one after another have called for international cooperation even as they jockey to gain influence in the great power vacuum that the U.S. departure has left behind.