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☆ China's military isn't just putting on a show of force. It's rehearsing for the real deal, an assault on Taiwan.
▼ + stars: | 2024-05-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewChina's large-scale military drills around Taiwan aren't just a show of force in response to the remarks of the democratic island's new president. China says the joint force live-fire exercise, lasting two days, is a test of its ability to launch a full-scale, lethal assault on Taiwan and ultimately force it to succumb to Beijing's rule. An outdoor screen shows a news coverage of China's military drills around Taiwan, in Beijing on May 23, 2024. AdvertisementA screen grab captured from a video shows the Taiwan army conduct military exercise following China's large-scale joint military drill around Taiwan on May 23, 2024. The use of force against Taiwan could take different forms, from an all-out assault to something like a blockade.

Persons: —, It's, Stephen McDonell, Z1FdXUvXmN, JADE GAO, Party's Lai Ching, Lai Organizations: Service, Taiwan aren't, Business, People's Liberation Army, BBC China, China Central Television, People’s Liberation Army, Eastern, Command, Getty, China's Air Force, Navy, Coast Guard, Democratic, Taiwan's Military News Agency, Anadolu, Getty Images Locations: Taiwan, China, Beijing, Taiwan's, Getty Images Beijing

☆ Boeing was once known for safety and engineering. But critics say an emphasis on profits changed that
▼ + stars: | 2024-01-30 | by ( Chris Isidore | ) edition.cnn.com time to read: +22 min

Boeing is back in the headlines for all the wrong reasons again after the Alaska Airlines 737 Max 9 incident. Boeing workers participating in a "Quality Stand Down" at Boeing's 737 Max factory in Renton, Washington on January 25, 2024. One of the first Boeing 737 Max jets on the production line at the company's manufacturing facility in Renton, Washington, U.S., on Monday, Dec. 7, 2015. The airlines around the world that have already bought Boeing planes basically need to keep using those models, whatever the problems. Commercial pilots are certified on specific models and are not able to easily move from single-aisle to widebody versions of Boeing jets, let alone between a Boeing and an Airbus jet.

Persons: I’m, Dave Calhoun, we’ve, ”, “, Calhoun, Max, Jason Redmond, Stan Deal, Ed Pierson, McDonell Douglas, Critics, ” Ron Epstein, McDonnell Douglas, Jim McNerney, Tammy Duckworth, Aaron Schwartz, ‘ We’re, Richard Aboulafia, Joshua Drake, Boeing Calhoun, Bank of America’s Epstein, it’s, Pierson, Max ”, Robert Clifford, people’s, ” Calhoun, David Ryder, Aboulafia, Boeing’s Organizations: New, New York CNN, Boeing, Alaska Airlines, National Safety Transportation Board, Pilots, Max, Alaska Air, Getty, Foundation for Aviation Safety, CNN, “ Boeing, Bank of America, General Electric, Procter, Gamble, McKinsey, Co, GE, Associated, Pentagon, Capitol, FAA, Airbus, Joshua Drake Photography, Blackstone Group, Nielsen, Bank of, Aviation, Bloomberg, Ethiopian Aircraft Accident, US National Transportation Safety Board, Internal Locations: New York, Renton , Washington, AFP, Alaska, Soviet Union, Pacific, Chicago, Seattle, Washington, DC, Mobile , Alabama, Wichita, Oklahoma, Carolina, South Carolina, Calhoun, Indonesia, Ethiopia, Renton , Washington , U.S

☆ A Writer Scrutinizes Privilege, Starting With His Own
▼ + stars: | 2023-08-22 | by ( Jonathan Dee | ) www.nytimes.com time to read: +1 min

QUIET STREET: On American Privilege, by Nick McDonellIn the preface to his 11th book, the novelist and journalist Nick McDonell makes a very contemporary gesture of transparency by telling us how much he was paid to write it. Made deeply uneasy by the entitlement of America’s ruling class — an entitlement he himself took for granted as a child — he doesn’t have any extraordinary insight into why things are the way they are, or how they might be made otherwise. He relates these stories with a wince, though little in them seems all that groundbreakingly depraved. He and his Buckley schoolmates referred to the cafeteria workers by an unkind nickname. He once went to a wedding reception where there were four bars.

Persons: Nick McDonell, McDonell, —, Thomas Piketty, Anand Giridharadas, Buckley Organizations: Buckley, Harvard, Devon Yacht Club Locations: East Coast, Manhattan

☆ Global Financial Watchdog Suspends Russia’s Membership
▼ + stars: | 2023-02-24 | by ( Mengqi Sun | ) www.wsj.com time to read: +4 min

A global financial watchdog, in an unprecedented move, suspended Russia’s membership in the organization, on the first anniversary of the Kremlin’s invasion of Ukraine. FATF said Russia’s war in Ukraine is a violation of the group’s principles to promote security, safety and the integrity of the global financial system and breaks with FATF’s commitment to international cooperation and mutual respect. Russia’s suspension from FATF significantly restrains the country’s influence on any FATF decisions while casting a shadow on its business climate, observers said. Russia, however, remains liable for membership dues if it intends to reapply for membership in the future. “The measure is both an important political statement as well as a recognition of the threats to the global financial system posed by Russia.

In the aftermath of the 2020 election, local election officials became frequent targets of supporters of former President Donald Trump who supported his false claims of election fraud. Election officials also said that the courts could inject chaos into the process if results are contested for weeks following the vote. Droves of election workers throughout Georgia quit their positions following the 2020 election. And in Pennsylvania, nearly 50 top election officials have left their post within the past two years. “Election workers and election officials leave or stop coming in, more errors can occur as a result, which in turn can fuel disinformation,” he said.

☆ Workers are fleeing from Foxconn, China's biggest iPhone factory, by climbing over fences and walking down highways on foot amid COVID fears, photos and videos show
▼ + stars: | 2022-10-31 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Workers are reportedly fleeing the world's largest iPhone factory in droves, amid a Covid outbreak. Dramatic photos and videos of Foxconn workers escaping the Zhengzhou compound have made their way online. Foxconn said it's continuing to implement pandemic prevention measures in Zhengzhou park, including setting up a 24-hour hotline for employees. The Foxconn outbreak happened just as Apple enters the crucial holiday quarter for retail trade. Foxconn shares are flat on Monday, trading at 45.50 New Taiwan Dollars, or $1.41 apiece, on the Taiwan Stock Exchange.

☆ Live broadcast shows former Chinese president being abruptly escorted out of the Communist Party Congress closing ceremony
▼ + stars: | 2022-10-22 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +2 min

Former Chinese President Hu Jintao was abruptly escorted out of China's Party Congress's closing ceremony. Hu was sitting next to President Xi Jinping on Saturday before he was removed. Footage shows ushers trying to lift Hu out of his seat before leading him out of the Great Hall of the People. It is unclear why he was involuntarily removed from the Party Congress closing ceremony, which takes place in Beijing every five years. Most of the closing ceremony took place behind closed doors, but cameras and reporters were allowed in for the final portion.

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