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TOKYO—An enduring mystery of the Covid-19 pandemic is why East Asian countries across the board have experienced far fewer cases and deaths than the U.S. and Europe. Some doctors and scientists are beginning to take a closer look at theories that some people in East Asia and Southeast Asia have had different exposure to previous coronaviruses resembling the SARS-CoV-2 virus sweeping the globe. Such exposure could have protected them from getting sick from Covid-19 or lessened the severity of the disease. Others doubt that the immune systems of people in the region differ from people in the rest of the world in any systematic way. They suspect cultural factors and, in some countries, government policies such as tightly enforced quarantines are playing the main role.
Persons: Yasuhiro Suzuki Organizations: Japanese Ministry of Health, Labor Locations: TOKYO, U.S, Europe, East Asia, Southeast Asia, Covid, Japan, South Korea, China, Vietnam, Taiwan, Malaysia, Singapore
U.S. envoy to visit South Korea next week: sources
  + stars: | 2020-12-04 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
FILE PHOTO: U.S. Deputy Secretary of State Stephen Biegun speaks at a news briefing with South Korea's First Vice Foreign Minister Cho Sei-young after their meeting at the foreign ministry in Seoul, South Korea, July 08, 2020. Chung Sung-Jun/Pool via REUTERS/File PhotoSEOUL/WASHINGTON (Reuters) - Washington’s point man on North Korea, U.S. Deputy Secretary of State Stephen Biegun, is scheduled to visit Seoul next week to meet with South Korean officials, four sources with knowledge of the trip told Reuters. Besides meeting with South Korean officials, Biegun was also due to give a speech, the sources said, though it was unclear whether a continuing spike in coronavirus infections in South Korea would interfere with those plans. Talks over reducing international sanctions on North Korea in return for concessions from Pyongyang broke down in the wake of a summit between Trump and Kim in Vietnam in February 2019, which ended with no deal. Relations between the allies were also complicated by South Korean frustrations with U.S. objections to some of its efforts to engage with North Korea.
Persons: Stephen Biegun, Cho Sei, Chung Sung, Biegun, Donald Trump’s, Kim Jong, Kim, Biegun’s, Joe Biden Organizations: South Korea's, South, Reuters, State Department, U.S, Embassy, North, Trump Locations: Seoul, South Korea, SEOUL, WASHINGTON, North Korea, U.S, United, Pyongyang, Vietnam
Buddhist prayer ceremony held in Cambodia for missing Thai activist
  + stars: | 2020-12-04 | by ( Prak Chan Thul | ) www.reuters.com sentiment -1.00   time to read: +2 min
PHNOM PENH (Reuters) - The sister of a Thai pro-democracy activist who rights groups say was abducted by unknown gunmen in Cambodia called on Friday for authorities to solve the case after holding a Buddhist prayer ceremony to mark six months since his disappearance. Slideshow ( 4 images )Wanchalearm Satsaksit, 37, was bundled into a vehicle in front of his Phnom Penh apartment in June, New York-based Human Rights Watch said. “We do not know the perpetrator; however it is the duty and responsibility of authorities both in Cambodia and Thailand to find the truth,” Wanchalearm’s sister, Sitanun Satsaksit, told reporters after the ceremony. At least eight other Thai activists who fled the country after a 2014 military coup have disappeared from Laos, Cambodia and Vietnam, with some later found dead. Thai authorities have said they had nothing to do with the disappearances.
Persons: Wanchalearm Satsaksit, , Sitanun Satsaksit, Wanchalearm, Sitanun, Chhay Kim Khoeun Organizations: Reuters, Rights Watch, Cambodian Locations: PHNOM PENH, Thai, Cambodia, Phnom Penh, New York, Wanchalearm’s, Thailand, Laos, Vietnam
This moment mirrors what Hong Khaou, who wrote and directed the British film, felt when he went back to Vietnam for the first time. Khaou is Cambodian, but his first memories are of Vietnam, where he lived for the first eight years of his life. And most of it is rooted in trauma from the war, which is what Khaou wanted to avoid for his film. I really didn't want to do that.”That’s also why there are no white characters in “Monsoon.”It’s personal for the director. “Recently, there's been a lot of really big, successful films that are talking about gay characters who carry the trauma ... of gay characters.
Persons: Kit, Henry Golding, Rich, Khaou, , ” Khaou, , ” That’s, Pol Pot, didn’t, Golding, Henry, he's, Lewis, Parker Sawyers, Barack Obama, wasn’t, there's, it’s Organizations: NBC Asian, NBC, Facebook, Twitter Locations: Chi Minh, British, Vietnam, Saigon, NBC Asian America, England, American, Cambodia, Khmer, West, , America
Here is an overview of Trump’s pardon power, which is sweeping but not absolute. The nation’s founders saw the pardon power as a way to show mercy and serve the public good. COULD TRUMP PARDON HIS CHILDREN AND INNER CIRCLE? It is legal for Trump to pardon his inner circle, including members of his family. CAN TRUMP PARDON HIMSELF?
Persons: Donald Trump’s pardoning, Michael Flynn, Donald Trump, Yuri Gripas, Trump, Rudy Giuliani, , , Jimmy Carter, Bill Clinton, Roger, Clinton, Marc Rich, Richard Nixon, Gerald Ford, absolving Nixon, Cyrus Vance, Vance, Letitia James, James, Michael Cohen, Eric Trump, Republican Trump, James ’, Giuliani, ” Giuliani, ’ ”, Brian Kalt, preemptively, Kalt Organizations: Reuters, REUTERS, New York Times, Times, U.S, Supreme, dodgers ”, TRUMP, Democratic Party, GIULIANI, Manhattan, Trump, Trump Organization, Democrat, New, Republican, Twitter, Michigan State University Locations: Washington, Camp David, U.S, Vietnam, Arkansas, New York, Manhattan, Ukraine
Could Trump preemptively pardon his family — or even himself?
  + stars: | 2020-12-03 | by ( Jan Wolfe | ) www.reuters.com + 0.00   time to read: +6 min
The nation’s founders saw the pardon power as a way to show mercy and serve the public good. REUTERS/Yuri Gripas/File PhotoCOULD TRUMP PARDON HIS CHILDREN AND INNER CIRCLE? It is legal for Trump to pardon his inner circle, including members of his family. CAN TRUMP PARDON HIMSELF? Trump could try to pardon himself preemptively to cover the possibility of prosecution after he leaves office.
Persons: Donald Trump’s pardoning, Michael Flynn, Trump, Rudy Giuliani, , , Jimmy Carter, Donald Trump, Yuri Gripas, Bill Clinton, Roger, Clinton, Marc Rich, Richard Nixon, Gerald Ford, absolving Nixon, Cyrus Vance, Vance, Letitia James, James, Michael Cohen, Eric Trump, Republican Trump, James ’, Giuliani, ” Giuliani, ’ ”, Brian Kalt, preemptively, Kalt, Ford Organizations: Reuters, New York Times, Times, U.S, Supreme, dodgers ”, REUTERS, Democratic Party, TRUMP, GIULIANI, Manhattan, Trump, Trump Organization, Democrat, New, Republican, Twitter, Michigan State University Locations: Vietnam, U.S, Washington, Camp David, Arkansas, New York, Manhattan, Ukraine
Slideshow ( 3 images )The information technology company said in a blog post published on Thursday that it had uncovered “a global phishing campaign” focused on organizations associated with the COVID-19 vaccine “cold chain” - the process needed to keep vaccine doses at extremely cold temperatures as they travel from manufacturers to people’s arms. Understanding how to build a secure cold chain is fundamental to distributing vaccines developed by the likes of Pfizer Inc and BioNTech SE because the shots need to be stored at minus 70 degrees Celsius (-94 F) or below to avoid spoiling. The hackers went through “an exceptional amount of effort,” said IBM analyst Claire Zaboeva, who helped draft the report. “Whoever put together this campaign was intimately aware of whatever products were involved in the supply chain to deliver a vaccine for a global pandemic,” she said. Who is behind the vaccine supply chain espionage campaign isn’t clear.
Persons: IBM’s, , Claire Zaboeva, Zaboeva, , IBM’s Zaboeva Organizations: WASHINGTON, IBM, Cybersecurity, Infrastructure Security, Pfizer Inc, Haier, European Commission’s, Taxation, Customs Union, EU, Reuters Locations: U.S, Iran, Vietnam, North Korea, South Korea, China, Russia
The hackers went through “an exceptional amount of effort,” said IBM analyst Claire Zaboeva, who helped draft the report. Hackers researched the correct make, model, and pricing of various Haier refrigeration units, Zaboeva said. “Whoever put together this campaign was intimately aware of whatever products were involved in the supply chain to deliver a vaccine for a global pandemic,” she said. Who is behind the vaccine supply chain espionage campaign is not clear. Figuring out how to swiftly distribute an economy-saving vaccine “should be topping the lists of nation states across the world,” she said.
Persons: IBM’s, , Claire Zaboeva, Zaboeva, , Haier, IBM’s Zaboeva Organizations: WASHINGTON, IBM, Cybersecurity, Infrastructure Security, Pfizer Inc, Haier, European Commission’s, Taxation, Customs Union, EU, European Commission, Reuters Locations: U.S, Iran, Vietnam, North Korea, South Korea, China, Russia
This story is part of CNBC Make It's Millennial Money series, which details how people around the world earn, spend and save their money. It's not every recent grad's dream to live with their parents and younger sister, but Kristina Truong considers it a blessing. Truong remembers the daily stress of not knowing how the family would pay their bills or where they would live. Kristina Truong with her parents, Christine Cao and Luat Truong, and her sister Jessica on Jessica's high school graduation day. How she budgets her moneyHere's a look at how Truong spends her money as of August 2020.
Persons: It's, Kristina Truong, Truong, Christine Cao, Luat Truong, Jessica, I've, , Roth, Uber, Laut, Christine Organizations: CNBC, James Madison University, Roth IRA, Roever Foundation Locations: Fairfax , Virginia, Washington, D.C, Virginia, Phoenix , Arizona, Vietnam, America
But after the COVID-19 pandemic derailed most international travel plans, parents have been left to rely on online tutoring and virtual experiences for their children instead. Many US families have had to cancel international travel this year as COVID-19 cut into their spring and summer plans. Multicultural learning begins with nannies and dual-language playgroupsAdams has witnessed above-and-beyond efforts to offer international exposure and experiences to even younger children. "These parents want their kids learning Spanish, the true international language." "Children who had a nanny speak to them in a different language or participated in a playgroup are often listed as native speakers by their parents," Adams added.
Persons: Cindy Chanin, Adam M, Karissa J, Alina Adams, Adams, Rybchin, Iliya Rybchin, Iliya, nannies, playgroups Adams, they've, Juguemos, Marc Tucker, doesn't, Rainbow EDU, who's, Chanin, Antony, Cleopatra, Lilly Liu Minkove, Goldman Sachs, Minkove, Andrea Bocelli COVID, Amber Faust, Faust, that's, I'm, we've, Amber Faust's, They've, it's, Aalap Shah, Shah Organizations: Business, High School, State Department's, Security, Initiative, Youth, New, Rainbow, Rainbow EDU Consulting, Royal Shakespeare Company, UCLA, McKinsey and Company, Little, Cape Town Locations: Los Angeles, California, New York City, Moscow, Amsterdam, Westport , Connecticut, Brooklyn , NY, Europe, Asia, Atlantic, Hong Kong, Shanghai, South Korea, Vietnam, Israel, Paris, Dubai, England, Washington ,, China, Italy, Milan, South Carolina, American, Cape, Hawaii, India, Africa
Here are some of the retired generals who have promoted outlandish, far-right conspiracy theories about the president and his rivals. Here are some of the retired generals who have made baseless claims and promoted conspiracy theories spread by far-right activists:Mike FlynnDonald Trump and Mike Flynn. Flynn was one of Trump's first supporters during the 2016 presidential campaign, and Trump selected Flynn as his first national security advisor. After Tata's remarks were unearthed, retired senior military officers who signed a letter for his nomination withdrew their support. During the 2020 presidential election, McInerney had also promoted a conspiracy theory that alleged voting machines deleted votes for Trump.
Persons: Donald Trump's, they've, Mike Flynn Donald Trump, Mike Flynn, George Frey, Barack Obama, Flynn, Trump's, Mike Pence, Trump, Robert Mueller's, Anthony Tata Anthony, Anthony Tata Anthony Tata . Department of Defense Anthony Tata, Tata, Obama, Tata's, Max Boot, Thomas McInerney Thomas McInerney, Brendan Hoffman, Thomas McInerney, McInerney, Republican Sen, John McCain, John, McInerney's Organizations: Visit, US Army, Defense Intelligence Agency, Trump, Anthony Tata Anthony Tata . Department of Defense, 82nd Airborne Division, 101st Airborne, Wall Street, Washington Post, Getty, US Air Force, Fox, Republican, AZ Central, Green Berets, CIA, Military Times Locations: Afghanistan, Iraq, Russian, Washington, Vietnam, Germany
Rosenberg said Mueller made it clear he would not discuss the investigation he led, and Rosenberg, who once worked for Mueller at the FBI, didn't ask about it. In a 2018 story in Wired magazine, the writer Garrett Graff interviewed men who served with Mueller in Vietnam service in detail. His survival in Vietnam, Mueller said, led him to want to further serve his country. Weissmann questioned why the office didn't subpoena Trump to compel his testimony under oath before a federal grand jury. The second part of the Mueller interview, in which he discusses his term as FBI director after 9/11, will post later, Rosenberg said.
Persons: WASHINGTON —, Robert Mueller, Donald Trump, Mueller, Chuck Rosenberg, Rosenberg, didn't, Rosenberg —, — Mueller, You've, Garrett Graff, Maranto, Graff, would've, Trump, Andrew Weissmann, Weissmann, Bob Mueller Organizations: Rosenberg's NBC, FBI, Judiciary, Intelligence, NBC, Drug Enforcement Administration, Army, Wired, Star Locations: WASHINGTON, Vietnam, Russia
WASHINGTON — Speculation that President Donald Trump might issue pardons before he leaves office for members of his family or other supporters raises a question about whether pardons can be issued pre-emptively — that is, before someone is charged with a crime. Samuel Morison, a Washington lawyer and former pardon attorney at the Justice Department, said a president could even issue a pardon that applies to virtually anything a person might have done in the past. "The limits on the pardon power have to be found in the Constitution, and the only limit the Supreme Court has ever recognized is you have to have committed the offense," Morison said. President Andrew Johnson granted a blanket pardon to anyone involved with the Confederacy during the Civil War. President Jimmy Carter granted unconditional pardons to men who evaded the draft during the Vietnam War.
Persons: Donald Trump, , Samuel Morison, Morison, Michael Flynn, Robert Mueller's, Andrew Johnson, Jimmy Carter, Gerald Ford, Richard Nixon Organizations: Justice Department, Trump, FBI Locations: United States, Washington, Vietnam
The hacking attempts included a bid to get inside British drugmaker and vaccine developer AstraZeneca, which Reuters first reported last week was in Pyongyang’s crosshairs. Celltrion said it had recently identified and successfully blocked a number of hacking attempts as part of its regular security work. Johnson & Johnson, Beth Israel, and Shin Poong declined to comment. Officially, North Korean authorities have reported no cases of coronavirus in their country, making it the only non-island nation - aside from Turkmenistan - to do so. But North Korean leader Kim Jong Un raised eyebrows last month when he was quoted by state media as ordering officials to intensify their anti-coronavirus work.
Persons: Johnson, Dado Ruvic, Beth, Novavax, Amy Speak, University of Tuebingen, ” Genexine, Celltrion, Beth Israel, Shin Poong, Boryung, Simon Choi, Kim Jong, drugmakers Organizations: WASHINGTON, LONDON, Johnson, Novavax, REUTERS, AstraZeneca, Reuters, Korea’s National Intelligence Service, U.S, Beth Israel Deaconess Medical, University of Tuebingen, Genexine, Boryung Pharma Co, Shin Poong, Celltrion Inc, Wall Street, United Nations, University of, IT, South Korean, Microsoft Corp, Microsoft, Lawmakers Locations: British, Pyongyang’s crosshairs, North Korea, China, Korean, Boston, Germany, New York, Pyongyang, Korea’s, United States, South Korea, Turkmenistan, Iran, Vietnam, Russia
Vietnam says recent typhoons caused 192 deaths, $1.3 billion damages
  + stars: | 2020-12-02 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
HANOI (Reuters) - Natural disasters in the past two months caused Vietnam 30 trillion dong ($1.3 billion) in economic damage and killed 192 people, with 57 still missing, authorities said on Wednesday, with its central provinces bearing most of the losses. Vietnam’s central region has had a tough year, with its important tourism industry crippled by the coronavirus pandemic long before the arrival of nine typhoons that wiped out crops and damaged homes of hundreds of thousands people. The two-month toll surpassed losses for the whole of last year, when disasters killed 132 people and caused 6.2 trillion in damage, official data showed. “We embraced nine typhoons and two tropical depressions in just two months, from mid-September to mid-November. Vietnam is prone to destructive storms and flooding due to its long coastline.
Persons: , , Nguyen Xuan Cuong, Cuong Organizations: Agriculture, Rural, Bank Locations: HANOI, Vietnam
Opinion | Biden Wants America to Lead the World. It Shouldn’t.
  + stars: | 2020-12-02 | by ( Peter Beinart | ) www.nytimes.com + 0.00   time to read: +3 min
“Whether we like it or not, the world simply does not organize itself,” Mr. Blinken has said. After the United States announced that it was leaving the Paris climate agreement, not a single other signatory followed it out the door. This summer, after the Trump administration threatened to leave the World Health Organization, France and Germany promised to increase their contributions. For 20 years, Gallup has been asking Americans whether the United States should play “the leading role,” a “major role,” a “minor role” or “no role at all” in world affairs. It’s not ordinary Americans who believe the United States must “sit at the head of the table,” as Mr. Biden said last week.
Persons: , ” Mr, Blinken, Trump, , , Biden, Martin Luther King Jr, Rather, King, Peter Beinart Organizations: United States, European Union, World Health Organization, Gallup, Chicago Council, Global Affairs, United, Biden, Trump, Newmark Graduate School of Journalism, City University of New, New York, Facebook, Twitter Locations: United States, Paris, China, Japan, South Korea, France, Germany, Vietnam, City University of New York
The pilots of the Army's 160th Special Operations Aviation Regiment can fly anywhere in the world any time they need to. These are the specialized helicopters that the "Night Stalkers" use to get the job done. The Night Stalkers operate after sunset, flying through the blackness in some of the craziest scenarios and environments known to man. Because of the nature of their missions, Night Stalkers rely on their helicopters to function well, even in extreme conditions. US ArmyThe Night Stalkers don't fly the Army's legendary gunship, the AH-64D/E Apache.
Persons: Brown, Stalkers, Huey, Osama bin, it's, Stalker CW4 Michael Durant, helo, DVIDS Organizations: Special Operations Aviation Regiment, US Army, Army, 160th, Alpha, Special Forces Group, US Department of Defense, Army Aviation, US, Company, Black Hawks, Apache, DAP, Boeing, National Guard Locations: Asia, Abbottabad, Pakistan, Vietnam, Afghanistan
Chinatown: Time Travel Through a New York Gem
  + stars: | 2020-12-02 | by ( Michael Kimmelman | A Virtual Walk | ) www.nytimes.com + 0.00   time to read: +19 min
Today, Flushing’s Chinatown and the Chinatown in Sunset Park in Brooklyn have come to dwarf Manhattan’s. scroll to continue Doyers Street Once you’re inside, click on the left and right arrows to navigate between each point of interest. Explore ← Back to Article 1/7 A view of Doyers Street from around 1900. 2/7 Chinatown started on a few streets, Doyers among them, in a slum called Five Points. 7/7 Doyers Street in 1964, before the passage of the Immigration and Nationality Act, which abolished quotas on Chinese immigration.
Persons: Leong, Poy Gum, Alex Lau, Nancy Yao Maasbach, Mitchell, Lama, , , Pell, , Maasbach, Wilson Tang, Christina Seid, Benjamin Ralph Kimlau, Yu Youren, Michael Kimmelman, Lin Zexu, Confucius, Kimlau, Johnson, Poy, Lin, ” Snakeheads, Yu, inscrutable, Doyers, uptowners, Mott, Wilson, Wah, Wally, Choy, Queens, We’ve, Nancy Yao Maasbach Michael, let’s, Kerri Culhane, Poy Gum Lee, Lee, Andrew S, Yuen, Sun, There’s, Lu Chun, Michel Kang, Calvert Vaux, C.B.J . Snyder, Tai Chi, it’s, I’ve, Christina’s, Christina, Michael, Hi Organizations: The New York, Chinatown’s Museum of, Chinatown, Rush, Consolidated Benevolent Association, Mott, Rescue Society, Chinese, Broadway, Columbus, Leong Chinese Merchants Association, Cream, American, East Broadway, snakeheads, Golden Venture, Museum of, America, Newspapers, Confucius, Hamptons, Beaux, C.B.J, The, of, Chinatown Manpower, Cream Factory, Residents Locations: Leong Tong, American, Chinatown, Covid, America, Flushing , Queens, Confucius, Flushing, Pell, Sunset Park, Brooklyn, Doyers, Mott, New York, Queens, Row, Canal, Little Italy, Lower, Bayard, Chatham, Chinese, Fujian Province, China, Fujian province, People’s Republic of China, Fuzhou, East, Lee, York, Fujian, Taiwan, Malay, , Communist China, Thailand, Vietnam, Southeast Asia, United States, Confucius Plaza, Elmhurst , Queens, Shanghai, York City, Sun, Columbus Park, Republic of China . Sun, Columbus, St, Venice, Tai, Manhattan, Hong Kong, Los Angeles
Chile aims to seal updated EU trade deal in early 2021
  + stars: | 2020-12-01 | by ( Robin Emmott | ) www.reuters.com + 0.94   time to read: +2 min
REUTERS/Rodrigo Garrido/File PhotoBRUSSELS (Reuters) - Chile and the European Union could seal a deal on a modernised free-trade accord by April, Chile’s deputy trade minister said on Tuesday, giving the South American country greater access to the world’s biggest trading bloc. The EU and Chile signed a deal on political and economic cooperation in 2002, but decided it needed updating to take into account issues including climate change, education policy and trade. A broader deal with the EU could drive economic development in Chile, the world’s top copper exporter, by attracting investments, for example in lithium, which is needed for electric vehicle batteries, Yanez said. “On lithium, our basis is to create an industry around this, not just be a raw materials exporter,” Yanez said. The EU is looking to increase commerce in services and to open up access to public tenders, for example allowing EU companies to sell to Chilean government agencies.
Persons: Tran Quoc Khanh, Chan Chung Sing, James Carr, Roberto Ampuero, Rodrigo Yanez, David Parker, Kiyoto Tsuji, Akimasa Ishikawa, Rodrigo Garrido, Andres Allamand, Yanez, ” Yanez Organizations: Trans, Pacific, Industry, Trade, Industry of, International Trade, Foreign Affairs of, Economic Relations, Export, Parliamentary, Foreign Affairs of Japan, Economy Trade, Ministry of Foreign Affairs, REUTERS, European Union, South, EU Locations: Vietnam, Industry of Singapore, Canada, Foreign Affairs of Chile, Chile, Zealand, Japan, Santiago , Chile, BRUSSELS, South American, EU, Brussels, Chilean
Risk assets set for positive 2021, Asia to lead: BlackRock
  + stars: | 2020-12-01 | by ( Divya Chowdhury | ) www.reuters.com + 0.00   time to read: +2 min
(Reuters) - The world’s biggest asset manager, BlackRock Inc, expects the overall backdrop for risk assets to be positive in 2021, supported by easy money from central banks, with Asia well-poised to lead the post-COVID-19 recovery. Some Asian central banks will remain on a neutral-to-accommodative path in 2021, he said, adding that Indonesia, India and Malaysia may have room to ease. For central banks in the United States and other developed markets, he said policy normalisation was not on the horizon. Seth expected the U.S. 10-year yield to be in the 1.00%-1.50% range by the end of 2021. For other news from Reuters Global Investment Outlook Summit 2021, click hereFollow Reuters Summits on Twitter @Reuters_Summits(This interview was conducted in the Reuters Global Markets Forum, a chat room hosted on the Refinitiv Messenger platform.
Persons: Neeraj Seth, ” Seth, Seth, normalisation, , deleveraging ” Organizations: Reuters, BlackRock Inc, New York U.S, BlackRock, Reuters Global Markets, Reuters Global Investment Outlook, Reuters Global Investment, GMF Locations: Asia, New York, Hong Kong, Indonesia, India, Malaysia, United States, China, South Korea, Singapore, Vietnam, “ China
European Union and ASEAN to form strategic partnership: Germany
  + stars: | 2020-12-01 | by ( Reuters Staff | ) www.reuters.com + 0.99   time to read: +1 min
German Foreign Minister Heiko Maas speaks during a virtual news conference where he informed about a virtual meeting of EU-ASEAN Foreign Ministers and an upcoming NATO Foreign Ministers meeting, at the Federal Foreign Office in Berlin, Germany, December 1, 2020. Clemens Bilan/Pool via REUTERSBERLIN (Reuters) - The European Union and the ASEAN group of southeast Asian countries have agreed to upgrade their relationship to a strategic partnership, current EU president Germany said on Tuesday. “Together, we represent more than a billion people and almost 25 per cent of global economic power. Together, we have a strong voice in this world,” said Maas, who gave no specific details on what the strategic partnership would entail. ASEAN groups Brunei, Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Indonesia and the Philippines.
Persons: Heiko Maas, Clemens Bilan, Germany, , Maas Organizations: EU, ASEAN Foreign Ministers, NATO, Federal Foreign Office, REUTERS BERLIN, European Union, ASEAN, , Association of Southeast Asian Nations, Comprehensive Economic Locations: Berlin, Germany, Brunei, Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Indonesia, Philippines, China, Japan, South Korea, Australia, New Zealand
Indonesia considers digital tax even without world consensus
  + stars: | 2020-12-01 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +2 min
Indonesia, Southeast Asia’s biggest economy, has begun collecting a 10% value-added tax (VAT) since mid-2020 on digital products and services from internet-based firms, but officials had previously said it would charge a tax on income only after a global consensus was reached. Finance Minister Sri Mulyani Indrawati told a virtual news conference that, based on the VAT payments, the tax office could estimate how much in income digital firms derive from Indonesia. The European Union is also considering going ahead with a bloc-wide tax on digital services if a global deal is not reached by mid-2021. The United States in June launched an investigation into digital services taxes being adopted or considered in several jurisdictions, including the EU and Indonesia. Indonesia’s tax office said 16 digital companies had paid 297 billion rupiah ($21.06 million) in VAT as of October.
Persons: Sri Mulyani Indrawati, Organizations: OECD, Indonesia's Finance, ASEAN, Convention, REUTERS, Organisation for Economic Cooperation, Development, Finance, European, EU, Google, Temasek Holdings, Bain & Company Locations: JAKARTA, Indonesia, Hanoi, Vietnam, Southeast, United States
But funds raised so far in 2020 totaled around $3.94 billion, exceeding last year's roughly $3 billion, according to Deloitte. The consultancy studied IPO trends in six major Southeast Asian stock markets: Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. Both the number of offerings and amount of funds raised were lower than last year's, when 161 IPOs raised $7.34 billion, said Deloitte. But the listings of several homegrown companies in Thailand this year appealed "strongly" to investors and fund managers, said Wilasinee Krishnamra, disruptive events advisory leader at Deloitte Thailand, in a webinar last week. Thailand vs. SingaporeThailand looks set to beat Singapore for the second consecutive year to take the top spot in Southeast Asia's IPO market, according to data by Deloitte.
Persons: Lilian Suwanrumpha, Wilasinee Krishnamra, Tay Hwee Ling, Tay Organizations: Central Retail Corporation, Stock Exchange of, AFP, Getty, Deloitte, Thailand's, Monetary, Deloitte Thailand, CRC, Singapore, Nanofilm Technologies, Singapore Exchange, Deloitte Southeast Locations: Stock Exchange of Thailand, Bangkok, SINGAPORE, Thailand, Indonesia, Malaysia, Philippines, Singapore, Vietnam, Southeast Asia, Europe, Singapore Thailand, Deloitte Southeast Asia
Vietnam reports first locally transmitted coronavirus infection in 89 days
  + stars: | 2020-12-01 | by ( ) www.cnbc.com sentiment -1.00   time to read: +2 min
Vietnamese authorities are conducting intensive contact tracing after discovering the country's first confirmed local transmission of the coronavirus in 89 days. The new case ended Vietnam's streak of 89 days without any known local transmission of the virus. The country has reported 1,347 coronavirus cases, including 35 deaths. In other developments in the Asia-Pacific region: Coronavirus quarantine restrictions will continue in the Philippine capital during the Christmas season in Asia's largest Roman Catholic nation. The Philippines has reported more than 431,600 coronavirus infections, the second-highest in Southeast Asia, and at least 8,392 deaths.
Persons: Tre, Rodrigo Duterte, Duterte Organizations: Health, Health Ministry, Roman Catholic Locations: Ho Chi Minh City, Japan, Da Nang, Vietnam, Vietnam's, Asia, Pacific, Philippine, Asia's, Metropolitan Manila, Philippines, Southeast Asia
How militaries actually use automatic weapons in combat
  + stars: | 2020-12-01 | by ( Alex Hollings | ) www.businessinsider.com + 0.00   time to read: +4 min
Hollywood depictions of military combat often show automatic weapons as a frequent feature of frontline operations. But in real life, automatic weapons are most often used in very specific roles that differ from other weapons that troops carry into a fight. One of the most common misconceptions about firearms you may come across involves the appropriate use, and value of, automatic weapons. In combat, automatic weapons are more commonly employed as a means of suppressing enemy movements than they are in actually killing the enemy. Watch the video below to see the Gunner explain when best to use full automatic fire, and when you're better off keeping your weapon on semi.
Persons: Steven Lewis, Kenji Shiroma, Wade, Gerald Tredo Organizations: Green, US Army, Government Office, Accounting, US Navy Coastal Riverine, US Navy, Hospital, 2nd Marine Locations: Fort Bragg, North Carolina, Vietnam
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