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Philippines, US navies conduct joint sail in South China Sea
  + stars: | 2023-09-04 | by ( ) www.reuters.com   time to read: +1 min
MANILA, Sept 4 (Reuters) - Naval vessels from the Philippines and United States conducted a joint sail through parts of the South China Sea lying within the Southeast Asian nation's exclusive economic zone, Manila's military said on Monday. It was the first time the Philippines and Washington have carried out a joint sail in waters west of Palawan island, the Armed Forces of the Philippines' Western Command said. The display of cooperation between the US and Philippines comes at a time of heightened tension between Manila and Beijing, which claims much of the South China Sea. China has built militarised, manmade islands in the South China Sea and its claim of historic sovereignty overlaps with the exclusive economic zones of the Philippines, Vietnam, Malaysia, Brunei and Indonesia. The Philippines won an international arbitration award against China in 2016, after a tribunal said Beijing's sweeping claim to sovereignty over most of the South China Sea had no legal basis.
Persons: Rizal, US Navy Alrleigh Burke, Ralph Johnson, Karen Lema, Simon Cameron, Moore Organizations: Armed Forces, Western Command, US Navy, Philippine Navy, Pacific Navy, The Philippines, China, South China, Thomson Locations: MANILA, Philippines, United States, South China, Washington, Palawan, Manila, Beijing, Philippine, China, South, Vietnam, Malaysia, Brunei, Indonesia
Hellcats from 2020 to 2022 are 60 times more likely to be stolen than other cars, data shows. Kia and Hyundai owners were previously plagued by theft issues thanks to a TikTok trend. The Hyundai Elantra is among the models affected by thefts sparked by the "Kia Boyz" TikTok trend, the automaker announced. Sjoerd van der Wal/Getty ImagesThe trend was popularized by the "Kia Boyz," who posted stealing the certain Kia and Hyundai models using a screwdriver and USB cord. Affected drivers included owners of certain Kia models made between 2011 and 2021 and certain Hyundai models from 2016 to 2021.
Persons: Raymond Boyd, HLDI, Matt Moore, Dodge, it's Kia, Kia Sportage, Sjoerd van Organizations: SRT Hellcat, Kia, Hyundai, Data, Stellantis, Hellcats, Wal, Getty Locations: Stellantis North America
NASA's James Webb Space Telescope has revealed stunning new details of a famous supernova remnant. Supernova 1987A was first discovered in 1987, as its name suggests. Webb's portrait of the Supernova 1987A remnant. AdvertisementAdvertisementThe Supernova 1987A remnant within the Large Magellanic Cloud, as captured by Hubble. AdvertisementAdvertisementThe parts of the supernova remnant as captured by the James Webb Space Telescope in 2023.
Persons: NASA's James Webb, Webb, James Webb, Mikako Matsuura, Richard Arendt, Claes Fransson, Josefin Larsson, Hubble, Chandra, Robert P, Kirshner, Max Mutchler, Roberto Avila, couldn't, Matsuura, Arendt, NASA’s, J, Larsson Organizations: Service, Hubble, NASA, ESA, CSA, Cardiff University, Stockholm University, Astronomers, AUI, NSF, Moore Foundation, James Webb Space Telescope, NASA’s Goddard Spaceflight Center & University of Maryland, Royal Institute of Technology Locations: Wall, Silicon, Stockholm, Baltimore County
Brazilian indigenous peoples gather as the Supreme Court on weighing the constitutionality of laws to limit the ability of Indigenous peoples to win protected status for ancestral lands, in Brasilia, Brazil August 30, 2023. REUTERS/Adriano Machado/File Photo Acquire Licensing RightsBRASILIA, Aug 31 (Reuters) - Brazil's Supreme Court is expected to rule next week against attempts by the country's powerful farm lobby to limit land claims by Indigenous peoples to areas they occupied before 1988. Lawyers and Indigenous rights advocates believe a majority of the nine-member court will vote by Wednesday to reject the date restriction on the grounds it is unconstitutional. Congress has pushed ahead with bills allowing Indigenous reservations only on land that was occupied by native communities when Brazil passed its Constitution in 1988. Indigenous leaders say the Supreme Court decision is vital for the resolution of some 300 pending land recognition claims that would protect their communities from land-grabbers and invasions by illegal loggers and wildcat gold miners.
Persons: Adriano Machado, Juliana de Paula, Cristiano Zanin, Zanin, Anthony Boadle, Cynthia Osterman, Simon Cameron, Moore Organizations: REUTERS, Rights, Environmental, ISA, Thomson Locations: Brasilia, Brazil, Rights BRASILIA, Santa Catarina
Jobs and Recession Fears: Analyzing the Latest Nonfarm Payrolls ReportSofter data this summer pumped up stock prices but recent data shows it’s not yet all good. We’ll unpack the latest jobs report, which will set the stage for where the market moves next and explain what it tells us about inflation. Photo: John Moore
Persons: We’ll, John Moore
LONDON, Sept 1 (Reuters) - Chinese battery maker Gotion High Tech (002074.SZ) is buying a 25% stake in Slovak battery maker Inobat and will provide supply chain and technology support as the startup scales up production of electric vehicle batteries, the companies said on Thursday. Inobat said the investment will provide it access to Gotion's research and development, as well as to the Chinese battery maker's raw materials including lithium, and to cell production and recycling capabilities. Gotion said last year that it plans to locate one third of its production capacity outside China by 2025 to meet growing demand from EV makers and energy storage clients. The Chinese battery maker is building a $2.36 billion plant in Michigan and is looking at setting up an EV battery plant in Morocco with a potential investment of up to $6.3 billion. Inobat has signed declarations of intent with the governments of Spain and Serbia to build EV battery plants, though those agreements are not final.
Persons: Inobat, Li Zhen, Northvolt, Gotion, Nick Carey, Simon Cameron, Moore Organizations: Gotion High Tech, Gotion, Volkswagen, Volvo, Reuters, BlackRock, EV, Thomson Locations: Europe, North America, China, Michigan, Morocco, Spain, Serbia
A man and children wearing masks to protect against contracting the coronavirus disease (COVID-19) take a walk at a Han River Park in Seoul, South Korea April 4, 2020. The issue sits at the confluence of South Korea's sharply declining birthrate, aging population, and its historical reluctance to accept more immigrants. South Korea is in talks with the Philippines as one of the potential sources of workers with an aim to start the pilot programme as early as December, officials said. The new scheme is the latest in a series of efforts by the government to reverse the plunging birth rate of Asia's fourth-largest economy. "There is no one-size-fits-all solution to low birth rate," Oh said.
Persons: Heo, hoon, 1,322.1800, Soo, hyang Choi, Simon Cameron, Moore Organizations: REUTERS, Rights, Organisation for Economic Co, Development, OECD, Thomson Locations: Seoul, South Korea, Rights SEOUL, South, Philippines, Koreans
Washington CNN —Senate GOP Leader Mitch McConnell is medically cleared to continue his schedule, the US Capitol physician said Thursday, after he froze for the second time in as many months in public. “I have consulted with Leader McConnell and conferred with his neurology team. Even if they have a meeting, there’s no mechanism to force a vote on the party’s leadership. “The leader sounded like his usual self and was in good spirits,” said Ryan Wrasse, a spokesman for Senate GOP Whip John Thune, who spoke to the GOP leader. “Obviously his first responsibility is to the voters of Kentucky,” GOP Sen. Kevin Cramer of North Dakota told CNN in July.
Persons: Mitch McConnell, McConnell, , Dr, Brian Monahan, , Monahan, , hasn’t, McConnell’s, Sen, John Barrasso, Jim Banks, McConnell didn’t, Banks, Joe Biden, neurosurgeons, ” Biden, Ryan Wrasse, John Thune, Kelley Moore, Shelley Moore Capito, “ Sen, Capito, ” Capito’s, GOP Sen, Kevin Cramer of North, ” Cramer, John Cornyn, Cornyn Organizations: Washington CNN, GOP, Capitol, CNN, Republican, West Virginia Republican, Senate, Kevin Cramer of North Dakota Locations: Covington , Kentucky, Indiana, Kentucky,
Gaetan M-Antchouwet Acquire Licensing Rights Read moreDAKAR, Aug 31 (Reuters) - Gabon on Thursday awaited the next move by its new military junta one day after it overthrew the government, named a new leader and detained long-standing President Ali Bongo in his residence. The coup is the eighth in West and Central Africa since 2020, and the second - after Niger - in as many months. Gabon, an OPEC member, is a major oil and manganese producer whose ousted president also made strides to protect vast Gabon's pristine forests and endangered elephants. But Bongo's popularity had worn thin amid claims of corruption, sham elections, and a failure to spend more of Gabon's oil revenues on the country's poor. Bongo took over in 2009 on the death of his father Omar, who had ruled since 1967.
Persons: Ali Bongo, Gaetan M, Bongo, Omar, Edward McAllister, Anait Miridzhanian, Simon Cameron, Moore Organizations: Military, United Nations, African, African Union and France, Thomson Locations: Port Gentil, Gabon, DAKAR, West, Central Africa, Niger, Mali, Guinea, Burkina Faso, Chad, Libreville, African Union
Jasmine Paige Moore, a TikTok creator, tells Insider about giving up content creation and returning to bartending during the strike. This first-person as-told-to story is based on an August interview with Jasmine Paige Moore, a content creator with nearly 470,000 followers on TikTok and nearly 23,000 on Instagram. Within the first few days of the Hollywood actors' strike, a friend of mine — a fellow content creator with a large following on TikTok — faced backlash from users online. "We as content creators should be helping to educate each other, not tearing each other down," I wrote. And what this whole experience has done more than anything is show me that the content creator community has really not had a voice during this strike.
Persons: Jasmine Paige Moore, TikTok —, he'd, I didn't, I've, AFTRA, they'll, We've, Con, Barbie, what's, we're, influencers, There's, haven't, they've, , Reed Alexander Organizations: SAG, bartending, Hollywood, San Diego Comic, Warner Bros, Guild of America Locations: influencers, I'm, bartending
Ukrainian snipers told The Wall Street Journal they are hunting down high-profile Russian targets. Over the course of the war, Russia has lost a number of senior Russian commanders and generals who directed operations from the front line. John Moore/Getty ImagesAlthough they have a common enemy, not all Ukrainian sniper teams are engaged in the same mission. Russian snipers, likewise, carry out similar missions and are considered quite formidable. Other activities like reconnaissance fall within the traditional sniper mission set and can also take priority.
Persons: Carl Court, Mark Milley, Andrei Sukhovetsky, Russia's, John Moore Organizations: Wall Street, Service, Devils, Wall Street Journal, Pentagon, Department of Defense, Ukraine, US, Joint Chiefs of Staff, Russia's 7th Airborne, 28th Brigade, Ukrainian, CNN Locations: Wall, Silicon, Russian, Ukraine, Russia, Zaporizhzhia Oblast, Ukrainian, Bakhmut, Kyiv
A handful of GOP Georgia lawmakers are trying to impeach or defund District Attorney Fani Willis. The state's House and Senate leaders, however, said the push is 'theatrics' and unlikely to succeed. The impeachment calls come after a grand jury indicted Trump in relation to the 2020 election. "We simply do not have those votes" for a special session, Gooch said, adding that it would require Democratic support. And in the event that a special session does happen, he noted that there would never be enough votes in the state Senate to impeach her.
Persons: Fani Willis, Trump, Jon Burns, Willis, Donald Trump, Burns, impeaching Willis, Steve Gooch, Gooch, Colton Moore, Moore, Jim Jordan, Andy Biggs Organizations: GOP, Service, Republican, Assembly, Atlanta Journal, Trump, Democratic, House, NBC Locations: GOP Georgia, Wall, Silicon, Georgia's, Georgia, Georgia , Florida, Washington, New York
The scale of the drone war in Ukraine is one of the most striking features of the conflict. "ISIS figured out how to arm their drones and attack us either with 'kamikaze' explosive-laden drones or drones that dropped" modified munitions, Townsend said. Soldiers with the 5th Battalion, 4th Air Defense Artillery Regiment train on an Avenger air-defense system in in July. In 2018, the Army reactivated the 5th Battalion, 4th Air Defense Artillery Regiment, returning a short-range-air-defense capability to Europe. AdvertisementAdvertisement"The war is showing how much [drones are] here and are affecting the war every day.
Persons: Ukraine isn't, Mara Karlin, wasn't, Karlin, that's, John Moore, Stephen Townsend, Townsend, Frank McKenzie, MAHMOUD TAHA, I've, Syria —, Richard Clarke, Clarke, Tom Karako, " McKenzie, McKenzie, Maj, Sean Gainey, Gainey, FADEL SENNA, Douglas Bush, Bush, they've, Col, Michael Parent, Narciso Contreras, Parent Organizations: Pentagon, Service, Defense Writers, US Marine, US Army, US Africa Command, ISIS, Getty, Army, US Special, Command, Aspen Security Conference, Missile Defense, Center for Strategic, International Studies, Patriot, , US Air Force, Congressional Research Service, 5th Battalion, 4th Air Defense Artillery Regiment, Spc, Yesenia, Asymmetric Warfare Group, Battalion, Stryker, Washington DC, Marine Corps, US Army Yuma, US, Anadolu Agency, Pacific . The Defense Department Locations: Ukraine, Wall, Silicon, Armenia, Azerbaijan, Afghanistan, Iraq, Mosul, Syria, Homs, Europe, Washington, Russian, Kyiv, Russia, Lviv Oblast, China, Pacific
Also in the Senate, California’s Dianne Feinstein, 90, has been ill and displayed apparent cognitive decline in public in recent months. But given that Biden, McConnell and Feinstein are public officials, voters are entitled to a high level of transparency. Biden, for instance, would be 86 by the time his second term ends, which represents his biggest vulnerability in the 2024 election. Remarkably, in an age where major questions divide on party lines, 69% of Democrats shared that view. Should Biden, if he wins a second term, experience a similar moment to McConnell, questions about the continuity of US leadership would reverberate around the world and offer openings for US adversaries.
Persons: Mitch, , Joe Biden, Donald Trump, California’s Dianne Feinstein, Feinstein, , Strom Thurmond, Robert Byrd of, Biden, McConnell, Jonathan Reiner, CNN’s Erica Hill, , Reiner, Trump, Karine Jean, Pierre, CNN’s Jake Tapper, Tapper, Jean, Nikki Haley, – Trump, Haley, Kamala Harris, Harris, ” Haley, Nancy Pelosi, Steny Hoyer, Ruth Bader Ginsburg, they’ve, Sen, Shelley Moore Capito, CNN’s Manu Raju, John Thune, McConnell “, Jim Banks, CNN’s Raju, Sprightly Iowa GOP Sen, Chuck Grassley, who’s Organizations: CNN, Kentucky Republican, Senate, George Washington University, United States Senate, Associated Press, White, White House, Former South Carolina Gov, GOP, Republicans, Biden, Fox News, Democratic, Supreme, Labor, West Virginia Republican, Republican, prudential, Indiana, Sprightly Iowa GOP, California Democrat, Capitol Locations: Kentucky, South Carolina, Robert Byrd of West Virginia, Rehoboth Beach , Delaware, Ukraine, Washington, Dakota, Sprightly Iowa, California, It’s
Lee Jae-myung, leader of South Korea's Democratic Party, speaks at campaign rally while campaigning for the presidential election in Seoul, South Korea March 8, 2022. Lee Jae-myung, leader of the Democratic Party of Korea, listed an assortment of reasons for his protest at a news conference, without saying how long his hunger strike would last. South Korea has said it neither supports nor agrees with Japan's action, unlike China, which opposed the plan. Yoon's approval ratings slipped slightly to 34% according to a Gallup poll released on Friday, with foreign policy and the Fukushima water issue cited as factors behind his high disapproval ratings. Opposition leader Lee has had his own problems since becoming the head of his party a year ago, just months after he lost the presidential election.
Persons: Lee Jae, myung, Kim Hong, Lee, Yoon Suk Yeol, Hyunsu Yim, Simon Cameron, Moore Organizations: South Korea's Democratic Party, REUTERS, Rights, Democratic Party of Korea, Gallup, Thomson Locations: Seoul, South Korea, Rights SEOUL, Japan, China, North Korea
The logo of Seven & I Holdings is seen at its headquarters in Tokyo, Japan December 6, 2017. The union intends to carry out its threat for a strike at the flagship Seibu Ikebukuro store in Tokyo on Thursday, according to a union member. A person with direct knowledge of Seven & i's plan said its board would meet on Thursday to officially decide on the sale. The union received no reply and would therefore carry out the strike on Thursday at the flagship store, where about 900 union members are employed, he said. Fortress had initially planned to spend around 250 billion yen ($1.71 billion) on the acquisition but is likely to have lowered that price to about 220 billion yen, the source said.
Persons: Toru Hanai, Fortress, Ritsuko Shimizu, Kantaro, Chang, Ran Kim, Simon Cameron, Moore Organizations: Holdings, REUTERS, Seibu, Fortress Investment, Labour, UA, Sogo's, Sogo, Thomson Locations: Tokyo, Japan, U.S
The officers said on television channel Gabon 24 that they represented all Gabonese security and defence forces. They said the election results were cancelled, all borders were closed until further notice and state institutions were dissolved. Military officers have also seized power in Mali, Guinea, Burkina Faso and Chad. "If this is confirmed, it is another military coup which increases instability in the whole region," said the European Union's foreign policy chief Josep Borrell. Bongo, 64, succeeded his father Omar as president in 2009 and was re-elected in a disputed election in 2016.
Persons: Ali Bongo Ondimba's, Ali Bongo, Bongo, Elisabeth Borne, insurgencies, Josep Borrell, Albert Ondo Ossa, Omar, Eramet, Alessandra Prentice, Sofia Christensen, Raju Gopalakrishnan, Nellie Peyton, Simon Cameron, Moore, Edmund Blair Organizations: Reuters, REUTERS Acquire, Central African, OPEC, French, Military, Reuters Graphics Reuters, Gabonese, Centre, Wednesday, Thomson Locations: Gabonese, Gabon, Handout, LIBREVILLE, Libreville, France, West, Central Africa, Niger, Mali, Guinea, Burkina Faso, Chad . Niger
Former Pakistani Prime Minister Imran Khan, gestures as he speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. REUTERS/Akhtar Soomro/File Photo Acquire Licensing RightsISLAMABAD, Aug 30 (Reuters) - A Pakistani court on Wednesday extended the jail custody of former prime minister Imran Khan for 14 days to investigate him on charges of leaking state secrets, his lawyer said. A court suspended that sentence on Tuesday and said Khan could be released on bail, but he was barred from leaving as he was still under remand in the official secrets case. His top aide, former Foreign Minister Shah Mahmood Qureshi, has already been arrested and questioned in the case. Reporting by Asif Shahzad; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.
Persons: Imran Khan, Akhtar Soomro, Naeem Panjutha, Khan, Khan's, Shah Mahmood Qureshi, Asif Shahzad, Simon Cameron, Moore Organizations: Pakistani, Reuters, REUTERS, Rights, Federal Investigation Agency, FIA, Thomson Locations: Lahore, Pakistan, Rights ISLAMABAD, Attock, United States, Russia, Ukraine, Washington
Before turning 93 on Wednesday, Warren Buffett made a number of astute moves in the past 12 months that helped push his conglomerate Berkshire Hathaway to an all-time high. Buying T-bills Buffett's massive cash hoard swelled to nearly $150 billion at the end of the second quarter. And the only question for next Monday is whether we will buy $10 billion in 3-month or 6-month" T-bills, Buffett told CNBC. Ramping up Japan bet Buffett recently hiked his stakes in five Japanese trading houses — Itochu , Marubeni , Mitsubishi , Mitsui and Sumitomo — to more than 8.5%. Occidental stake tops 25% Buffett also kept buying the dip in Occidental Petroleum , now owning a quarter of the oil giant.
Persons: Warren Buffett, Berkshire Hathaway, he's, Buffett, Treasurys, Chamath Palihapitiya, oilman Armand Hammer, NVR, Todd Combs, Ted Weschler, Benjamin Moore Organizations: Buffett, Berkshire, CNBC, Japan, Mitsubishi, Mitsui, Sumitomo, Social, Occidental, Occidental Petroleum, Clayton Homes, Berkshire Hathaway Energy Locations: Berkshire, Fitch's, U.S, Japan, Occidental, Horton
Bryan Woo leads Mariners to shutout of A's
  + stars: | 2023-08-29 | by ( Field Level Media | ) www.reuters.com   time to read: +2 min
[1/50] Aug 28, 2023; Seattle, Washington, USA; Oakland Athletics second baseman Zack Gelof (20) slides past Seattle Mariners shortstop J.P. Crawford (3) to steal second base during the first inning at T-Mobile Park. Mandatory Credit: Steven Bisig-USA TODAY Sports Acquire Licensing RightsAugust 29 - J.P. Crawford and Julio Rodriguez hit home runs and rookie Bryan Woo pitched six scoreless innings as the Seattle Mariners defeated the visiting Oakland Athletics 7-0 on Monday. The Mariners' Tayler Saucedo, Isaiah Campbell and Trent Thornton combined for three innings of one-hit relief to complete the shutout. It was the second time in the past four days that Crawford went deep to open a game. The Mariners added three runs in the third.
Persons: Zack Gelof, J.P, Crawford, Steven Bisig, Julio Rodriguez, Bryan Woo, Rodriguez, Tayler Saucedo, Isaiah Campbell, Trent Thornton, Kyle Muller, Eugenio Suarez, Teoscar Hernandez, Ty France's, Dylan Moore's, Muller Organizations: Oakland Athletics, Seattle Mariners, Mobile, Mariners, American League West, Texas Rangers, Houston Astros, Seattle, Oakland, Thomson Locations: Seattle , Washington, USA
"We feel that the applicant is entitled to the suspension of sentence and be released on bail," it said. Khan's lawyer Naeem Panjutha also announced the suspension on social media, saying "God be praised." Nor will the suspension of the corruption sentence undo the ban on Khan's contesting elections as long as the conviction remains. STATE SECRETSPakistan's former Prime Minister Imran Khan, gestures as he speaks to the members of the media at his residence in Lahore, Pakistan May 18, 2023. The possible overturning of Khan's graft conviction is pending a detailed hearing in the court, according to a lawyer Abdul Moiz Jaferii.
Persons: Khan, Imran, Khan's, Naeem Panjutha, Imran Khan, Mohsin Raza, Shah Mahmood Qureshi, Abdul Moiz Jaferii, Jaferii, abetment, Zulfikar Bukhari, Asif Shahzad, Gibran Peshimam, Ariba Shahid, Simon Cameron, Moore, Alex Richardson, Angus MacSwan Organizations: ISLAMABAD, Reuters, REUTERS, Federal Investigation Agency, FIA, Thomson Locations: Pakistan, Lahore, United States, Russia, Ukraine, Washington, Islamabad, Karachi
Airplane is seen in front of Chinese and Taiwanese flags in this illustration, August 6, 2022. REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsTAIPEI, Aug 29 (Reuters) - Taiwan's defence ministry warned on Tuesday of a possible "sharp increase" in military tensions after reporting renewed Chinese military activity including fighter jets crossing the sensitive median line of the Taiwan Strait. The ministry said that on Tuesday morning, it spotted 12 Chinese military aircraft in its air defence identification zone, of which seven crossed the median line - six J-10 fighters and a single drone. The median line had for years served as an unofficial barrier between the two sides, until China's air force began regularly crossing it a year ago. Taipei city councillors for Taiwan's governing Democratic Progressive Party issued a joint statement saying Chiang should "speak for the Taiwanese people" and demand an end to China's military activities.
Persons: Dado Ruvic, Chiang Wan, Chiang, Ben Blanchard, Muralikumar Anantharaman, Simon Cameron, Moore, Bernadette Baum Organizations: REUTERS, Rights, Communist, Kuomintang, Democratic Progressive Party, Thomson Locations: Rights TAIPEI, Taiwan Strait, Taiwan, China, Beijing, Taipei, Shanghai
Japanese Foreign Minister Yoshimasa Hayashi told reporters that Japan would take "necessary action (on China's aquatic product ban) under various routes including the WTO framework". Filing a WTO complaint might become an option if protesting to China through diplomatic routes is ineffective, Economic Security Minister Sanae Takaichi said separately. Japan's National Police Agency has received 225 reports of harassment calls to date, Jiji News reported, and the government said it was seeking help from telecommunications companies to block the calls. NTT and other phone companies including KDDI (9433.T) and SoftBank Corp (9434.T) are discussing measures following the government's request. "It is extremely regrettable and concerning about the large number of harassment calls that have likely come from China," Trade Minister Yasutoshi Nishimura said during a news conference.
Persons: Tom Bateman, Yoshimasa Hayashi, Sanae Takaichi, Yasutoshi Nishimura, Nishimura, Kantaro Komiya, Mariko Katsumura, Sakura Murakami, Chang, Ran Kim, Simon Cameron, Moore, Jacqueline Wong Organizations: REUTERS, Rights, World Trade Organization, Economic, Japan's National Police Agency, Jiji News, NTT Communications, Nippon Telegraph, Telephone, NTT, SoftBank Corp, Thomson Locations: Fukushima, Fukushima Prefecture, Japan, China, WTO
Airplane is seen in front of Chinese and Taiwanese flags in this illustration, August 6, 2022. REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsTAIPEI, Aug 29 (Reuters) - Taiwan's defence ministry warned on Tuesday of a possible "sharp increase" in military tensions after reporting renewed Chinese military activity including fighter jets crossing the sensitive median line of the Taiwan Strait. The ministry said that on Tuesday morning it spotted 12 Chinese military aircraft in its air defence identification zone, of which seven crossed the median line - six J-10 fighters and a single drone. The median line had for years served as an unofficial barrier between the two sides, until China's air force began regularly crossing it a year ago. Taipei city councillors for Taiwan's governing Democratic Progressive Party issued a joint statement saying Chiang should "speak for the Taiwanese people" and demand an end to China's military activities.
Persons: Dado Ruvic, Chiang Wan, Chiang, Ben Blanchard, Muralikumar Anantharaman, Simon Cameron, Moore Organizations: REUTERS, Rights, Communist, Kuomintang, Democratic Progressive Party, Thomson Locations: Rights TAIPEI, Taiwan Strait, Taiwan, China, Beijing, Taipei, Shanghai
In a month or so, millions of Americans will have to adjust their budgets to once again put hundreds of dollars a month toward their student debt. "Workers are already facing obstacles to saving for retirement, especially inflation and market volatility," said Adrian Miguel, director of advice at Schwab Retirement Plan Services. "The resuming of student loan repayments poses another challenge." The share of student loan borrowers saving at least 5% of their salary in their 401(k) retirement plan swelled to 72% during the payment pause, from around 63% prior to the Covid-19 pandemic. Experts shared tips on how borrowers can pay down their student debt and keep growing their retirement nest egg.
Persons: Adrian Miguel, Jesse Moore Organizations: Workers, Finance, Fidelity, Fidelity Investments
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