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According to the Pentagon's most recent report on China's military power, Beijing has “denied, canceled or ignored” military-to-military communications and meetings with the Pentagon for much of last year and this year. In an effort to improve transparency and communication, defense leaders from the two countries were meeting regularly. He and other defense chiefs, Joint Chiefs chairmen and regional high-level U.S. commanders routinely traveled to China over the next decade, and Chinese defense leaders came to the Pentagon. The Pentagon routinely complained that there was little tangible progress in the press for greater transparency in China’s military ambitions and its burgeoning defense budget. But the lack of communications heightened worries about an increase in what the Pentagon calls risky Chinese aircraft and warship incidents in the past two years.

Persons: Joe Biden, Xi Jinping, “, Robert Gates, ”, Chuck Hagel, Hagel, China's, Obama, Trump, Nancy Pelosi’s, Pelosi, Newt Gingrich, Carolyn Bartholomew, Bonnie Lin, ” Lin, Tara Copp Organizations: WASHINGTON, Economic Cooperation, Military Maritime, U.S, Pentagon, Defense Department, Chiefs, Yuchi, Pacific ., Beijing, The Defense Department, China Economic, Security, China, Center for Strategic, International Security, Associated Press Locations: Asia, San Francisco, China, Beijing, U.S, Singapore, South China, South, America's, Taiwan, Russia, Ukraine, Syria, Washington

☆ Russia relishes divisions between China and the U.S., pouring cold water on Xi-Biden talks
▼ + stars: | 2023-11-15 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Russian President Vladimir Putin speaks during his press conference at the Konstantin Palace on July 29, 2023 in Saint Petersburg, Russia. Russian media have already reveled in pouring cold water on the Asia-Pacific Economic Cooperation (APEC) summit where Xi and Biden are due to meet Wednesday. Russian President Vladimir Putin was not invited due to U.S. sanctions so Deputy Prime Minister Alexei Overchuk is representing Russia at the summit. A range of Russian newspapers including Kommersant, Izvestia, Argumenty i Fakty, Nezavisimaya Gazeta and Komsomolskaya Pravda did not feature any news on the APEC summit or Xi-Biden talks. China's President Xi Jinping and U.S. President Joe Biden at the G20 Summit in Nusa Dua on the Indonesian island of Bali on Nov. 14, 2022.

Persons: Vladimir Putin, Konstantin, Xi Jinping, Joe Biden, Xi, Biden, Katherine Tai, Tai, David Paul Morris, Xi's, Alexei Overchuk, Dmitry Peskov, Kamala Harris, Kent Nishimura, Komsomolskaya, Putin, — Xi, Sergei Guneyev, Ian Bremmer, Saul Loeb Organizations: Getty, U.S, Economic Cooperation, Novosti, APEC, U.S . Trade, Russian Federation, San Francisco International Airport, American, Bloomberg, Getty Images Bloomberg, Israel, Kremlin, SAN FRANCISCO, Merchant Exchange Club, Tass, Kommersant, Izvestia, Gazeta, Komsomolskaya Pravda, Sputnik, AFP, West, Analysts, Eurasia Group, China's, Afp Locations: Saint Petersburg, Russia, Russian, San Francisco, China, Beijing, Washington, Moscow, Asia, United States, San Francisco , California, Ukraine, Pacific, U.S, CALIFORNIA, Taiwan, Nusa Dua, Indonesian, Bali

REUTERS/Jason Lee/File Photo Acquire Licensing RightsBEIJING, Nov 15 (Reuters) - European firms "urgently" need China to give clearer definitions of key terms in its cross-border data transfer rules, a European business lobby group said on Wednesday, warning that firms also stood to waste millions of euros storing non-sensitive data in China. The world's second-largest economy has in recent years tightened its data laws amid President Xi Jinping's increased focus on national security, and foreign firms fear their lack of clarity could trip them up. The chamber's report echoes recent comments from a European Commission official, who said in September that European businesses were especially concerned about a lack of clarity in China's data laws. The most common type of data European firms transfer abroad is employee's personal information followed by suppliers' and customers' personal information, the survey showed, 96% of which is sent to companies' headquarters and other regional offices. A third of companies indicated it would cost them "several million euros" to store their data in China if they failed the cross-border transfer security assessment now required by CAC.

Persons: Jason Lee, Xi Jinping's, Brenda Goh, Kim Coghill Organizations: REUTERS, Rights, Chamber of Commerce, European Commission, Government, CAC, Thomson Locations: China, EU, Beijing, Rights BEIJING

☆ Airfare to leisure destinations to cost less this winter, WestJet CEO says
▼ + stars: | 2023-11-15 | by ( Allison Lampert | ) www.reuters.com time to read: +2 min

MONTREAL, Nov 15 (Reuters) - Airfare to popular international leisure destinations should cost less this winter and next summer than a year ago as carriers add capacity, the CEO of Canada's WestJet Airlines told Reuters on Wednesday. I think this winter we'll have a better supply-to-demand balance, which will give more affordability to Canadians," von Hoensbroech added. WestJet expects to fly almost half of the seats to sun destinations after acquiring leisure carrier Sunwing this year. "We see strong bookings, slightly softer than what we saw last winter," von Hoensbroech added. "I would expect next summer there would be a different demand-to-supply equation on transatlantic," von Hoensbroech said.

Persons: Canada's, Alexis von Hoensbroech, von Hoensbroech, WestJet, Von Hoensbroech, Allison Lampert, Valerie Insinna, Will Dunham Organizations: MONTREAL, WestJet Airlines, Reuters, Onex, Air Transport Association of Canada, Air Canada, Boeing, U.S . Federal Aviation Administration, Thomson Locations: Europe, Asia Pacific, Montreal, Washington

☆ Tricky politics on menu for China's Xi at US business dinner
▼ + stars: | 2023-11-14 | by ( Michael Martina | ) www.reuters.com time to read: +5 min

But the event, yet to be formally announced by hosts U.S.-China Business Council (USCBC) and the National Committee on U.S.-China Relations (NCUSCR), also presents uneasy optics. The USCBC and NCUSCR both declined to comment on the planned dinner. Xi has overseen a crackdown on U.S. consultancy and due-diligence firms, a further blow to investor confidence. Jeff Moon, a former U.S. trade official turned business adviser, said China's goal would be to soften Xi's image and attract investment, but that the dinner was unlikely to "move any needles." "They have come to accept that there's no substitute for hearing and seeing and observing what Xi Jinping is doing," said Patel.

Persons: Carlos Barria, Xi Jinping, Joe Biden, Xi, MIGNON, Jeff Moon, mignon, Mike Gallagher, Biden, Janet Yellen, Nirav Patel, Jinping, Patel, David Brunnstrom, Stephen Nellis, Michelle Nichols, Lincoln Organizations: APEC, Economic Cooperation, REUTERS, FRANCISCO, Wednesday, Reuters, U.S, China Business Council, National Committee, China Relations, Muslim, Asia, Thomson Locations: Asia, Pacific, San Francisco , California, United States, San Francisco, U.S, China, Washington, Muslim Uyghurs, Beijing

SYDNEY/BEIJING Nov 13 (Reuters) - Australia scored a significant win for influence in the Pacific Islands region with a trump card that China, seeking to expand security ties, doesn't have: the opportunity of resettlement. "It is something China can't do," said Australian National University Pacific expert Graeme Smith. "China can turn up and offer more infrastructure money... they can't turn up and offer this kind of resettlement relationship. Australia also will be able to block any policing deal between China and Tuvalu - as well as any telecommunications, energy or port deal - under its treaty. "Cooperation in the Pacific region tends to focus on non-traditional security, including maintenance of public security and infrastructure to deal with climate change," he added.

Persons: Anthony Albanese, Kausea Natano, Graeme Smith, Richard Marles, Peter Dean, Smith, Wang Yiwei, Kirsty Needham, Martin Pollard, Miral Organizations: SYDNEY, Pacific, Australian National University Pacific, Pacific Islanders, Defence, United States Studies Centre, Albanese's, Pacific Games, State, China Civil Engineering Construction Corporation, Renmin University, Thomson Locations: BEIJING, Australia, China, Tuvalu, Washington, Beijing, Rarotonga, Sydney, Pacific Islands, Solomon Islands, Fiji, Papua New Guinea, Taiwan, Kiribati, U.S, United States, Pacific

☆ The US Air Force is training to take down Chinese warships, but China's military has built a 'wicked' problem for it to overcome
▼ + stars: | 2023-11-13 | by ( Christopher Woody | ) www.businessinsider.com time to read: +12 min

That's not a new task for the US Air Force, but it faces a 'wicked' threat from China's air defenses. AdvertisementAdvertisementThe US Air Force is working on improving its ability to sink well-defended warships, a reflection of the US military's concern about the growing size and increasing capability of China's navy. US Naval History and Heritage CommandUS pilots have trained to sink warships since the early 1920s, well before the Air Force's founding in 1947. US Air Force A-10s at Naval Air Station North Island in California for Green Flag-West in November 2022. Wilsbach said in September that training by Pacific Air Forces has emphasized "stacking effects" to bring more weapons to bear.

Persons: That's, —, Nancy Pelosi's, Pelosi, Gen, Kenneth Wilsbach, we've, Wilsbach, Sun, Brendan Mulvaney, Mulvaney, eng.chinamil.com.cn, Yang Yunxiang, that's, Mark Kelly, Kelly, hasn't, Lyle Goldstein, TENGKU BAHAR, Goldstein, they've, John Baum, Baum, Zachary Rufus, Col, Daniel Lehoski, William R, Lewis, Lockheed Martin, Lindsey Heflin Organizations: US Air Force, Service, US Pacific Air Forces, an Air and Space Forces Association, China News Service, Getty, China Aerospace Studies Institute, Department of, Air Force, United, and Space Forces Conference, Air Combat Command, Defense, Heritage Command US, Air, Navy, Mitchell Institute for Aerospace Studies, Naval Air Station, Green Flag, West, US Army, Air Force Weapons, Weapons, Flag, Nellis Air Force Base, Nevada ., Pacific, US Navy, Squadron, Force, Missiles, Ship, Lockheed, Command, Lindsey Heflin Air Force, Pacific Air Forces, Army Locations: China, Taiwan, Pacific, United States, Ukraine, Asia, Hong Kong, Liaoning, Shandong, Fujian, Iraq, Afghanistan, California, Nevada

Their last meeting was at the Group of 20 summit in Indonesia last fall. The U.S. has consistently viewed military relations with China as critical to avoiding any missteps and to maintaining a peaceful Indo-Pacific region. Sullivan also said there were other areas where U.S. and Chinese interests overlap, particularly on the effort to combat fentanyl trafficking. The White House announced Monday that Biden would also meet with Mexican President Andrés Manuel López Obrador later this week. Associated Press Writers Janie Har in San Francisco and Lolita C. Baldor and Didi Tang in Washington contributed to this report.

Persons: Joe Biden, Xi Jinping, The, Biden, Xi, Jake Sullivan, ” Sullivan, “, Sullivan, Andrés Manuel López Obrador, Janet Yellen, ___ Madhani, Janie Har, Lolita C, Baldor, Didi Tang Organizations: WASHINGTON, —, Economic Cooperation, The Biden, Group, Biden, White House, U.S . Navy, Air Force, Disease Control, Drug Enforcement Administration, U.S, Democratic, White, Moscone Center, APEC, Finance, San Francisco Police Department, Union Square, Associated Press Locations: Asia, San Francisco, Indonesia, China, U.S, Pacific, Washington, Mexico, Iran, Taiwan, Beijing, Taipei, Taiwan Strait, Tehran, Israel, Union

WASHINGTON (AP) — The United States is hosting the annual APEC summit of world leaders this week for the first time since 2011. But the main summit event will actually be on the sidelines: A face-to-face meeting between President Joe Biden and Chinese President Xi Jinping. The annual leaders' conference brings together heads of nations and other top economic and diplomatic leaders. That decision was regarded as a snub by some APEC leaders. Since then, the APEC leaders have posed together in batik shirts (Malaysia, 1998), Chinese jackets (Shanghai, 2001), flowing ponchos (Chile, 2004) and "ao dai” tunics (Vietnam, 2006.)

Persons: Joe Biden, Xi Jinping, Vladimir Putin, Gina Raimondo, isn't, Biden, Donald Trump, Kamala Harris, that's, Morris Chang, Paul Chan, John Lee, It's, Bill Clinton, Barack Obama, Obama Organizations: WASHINGTON, APEC, Economic Cooperation, Biden, Pacific, Thai, Taiwan Semiconductor Manufacturing Co, Financial, Moody’s Investors Service Locations: United States, Asia, San Francisco, China, U.S, Israel, Ukraine, Russia, Japan, Australia, Taiwan, Hong Kong, Pacific, Bangkok, Chile, Thailand, China . Hong Kong, Seattle, American, Malaysia, Shanghai, ponchos, Vietnam, Philippines, Hawaii

☆ Japan-led navy exercise starts with Philippines observing for first time
▼ + stars: | 2023-11-11 | by ( Sakura Murakami | ) www.reuters.com time to read: +2 min

F-35C stealth jet sits on deck of USS Carl Vinson in the Western Pacific, south of Japan, November 30, 2021. REUTERS/Tim Kelly/File Photo Acquire Licensing RightsABOARD USS CARL VINSON, Nov 11 (Reuters) - Japan's navy on Saturday announced the start of a joint annual military exercise, with the Philippines observing the operations for the first time as the two countries seek closer maritime cooperation. The Japan-led Annualex exercise started on Friday with operations conducted by the naval forces of the United States, Australia and Canada, with the Philippines attending as an observer, Japan Maritime Self-Defence Force Vice Admiral Akira Saito told reporters. Last week, Japan said it would provide radar systems to the Philippines to bolster its security. So I'm thrilled that Japan invited the Philippines to observe this year," Vice Admiral of the U.S.

Persons: Carl Vinson, Tim Kelly, CARL VINSON, Akira Saito, Saito, I'm, U.S . Seventh Fleet Karl Thomas, Sakura Murakami, David Holmes Organizations: REUTERS, Saturday, Self, Defence Force, U.S . Seventh Fleet, East China, South China, Thomson Locations: Pacific, Japan, Philippines, United States, Australia, Canada, U.S, China, East, South

☆ US commandos showed off their little-known underwater skills in Army Special Operations Commands' best combat diver competition
▼ + stars: | 2023-11-11 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +7 min

In September, US commandos showed off their skills during the US Army Special Operations Command Best Combat Diver Competition — and Army Special Forces divers flexed their little-known underwater muscles to triumph over their Navy brethren. AdvertisementAdvertisementCompetitors in the Army Special Operations Command Best Dive Team Competition at Naval Air Station Key West on September 25. AdvertisementAdvertisementCompetitors begin a dive event during the Army Special Operations Command Best Combat Diver Competition in Key West in September. AdvertisementAdvertisementCombat diving revivalThe 5th Special Forces Group team takes title of best combat dive team during the Army Special Operations Command Best Combat Diver Competition in late September. Competitors in a pool event during the Army Special Operations Command Best Combat Diver Competition in late September.

Persons: —, US Army John F, Maj, Brandon Schwartz, Emely Opio, Wright, Lino Miani, aren't Organizations: Special Operations Command, Commandos, US Army, Navy, Service, US Army Special, Army Special Forces, Naval Air Station Key, Army, Army Special, Naval Air Station, West, Kennedy Special Warfare Center and School, Green Berets, Special Forces Group, Warfare Training Group, 5th Special Forces Group, Special Forces Underwater Operations, Green, Beret, Special Forces, Key West, 1st Special Forces Command, National Guard, Green Beret, Special Forces Command, Combat, Foundation, Pacific, Command, National Guard Green Locations: Russia, China, Key, Iraq, Afghanistan

☆ Police investigate 'cyber incident' at Australia ports operator
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsSYDNEY, Nov 12 (Reuters) - The Australian Federal Police said on Sunday they were investigating a cybersecurity incident that forced ports operator DP World Australia to suspend operations at ports in several states. DP World Australia told Reuters on Saturday that operations at impacted ports were not yet restored. DP World Australia, part of Dubai's state-owned ports giant DP World, operates four container terminals in Australia in Melbourne, Sydney, Brisbane and Western Australia's Fremantle. Home Affairs Minister Clare O'Neil said on Saturday that the government was coordinating a response to the "cyber incident". According to DP World, in the Asia Pacific region it employs more than 7,000 people and has ports and terminals in 18 locations.

Persons: Dado Ruvic, We've, we're, Darren Goldie, Goldie, Clare O'Neil, Sam McKeith, David Gregorio Our Organizations: REUTERS, Rights, Australian Federal Police, Australia, DP, Reuters, Fremantle, Cyber, Twitter, Home Affairs, Thomson Locations: Dubai's, Australia, Melbourne, Sydney, Brisbane, Western, Sydney , Melbourne, Asia

☆ Australia ports operator suffers 'cybersecurity incident', suspends operations
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, Nov 11 (Reuters) - The Australian government said on Saturday that it was coordinating a response to a cybersecurity incident that forced ports operator DP World Australia to suspend operations at ports in several states. A DP World Australia spokesperson told Reuters on Saturday that operations at impacted ports were not yet restored. Australia's National Cyber Security Coordinator, appointed earlier this year in response to several major data breaches, was managing the official response to the incident, O'Neil said. DP World Australia, part of Dubai's state-owned ports giant DP World, operates four container terminals in Australia in Melbourne, Sydney, Brisbane and Western Australia's Fremantle. According to DP World, in the Asia Pacific region it employs more than 7,000 people and has ports and terminals in 18 locations.

Persons: Clare O'Neil, O'Neil, Sam McKeith, Simon Cameron, Moore Organizations: SYDNEY, Australia, Home Affairs, Cyber Security, DP, Thomson Locations: Dubai's, Australia, Melbourne, Sydney, Brisbane, Western, Fremantle, Asia

TOKYO, Nov 10 (Reuters) - The U.S. military's top general expressed optimism on Friday for a potential improvement in military-to-military ties with China and sent an introductory letter to his Chinese counterpart saying he was open to meeting. Air Force General Charles Q. But China's General Liu Zhenli is the Chief of the Joint Staff Department of the Central Military Commission (CMC), the military body responsible for China's combat operations and planning. Brown said he sent a standard introductory letter that explained, "I'm in the position and willing to open a line of communication." "I also believe that taking Taiwan by force and doing a major amphibious operation is not an easy feat."

Persons: Charles Q, Brown, Xi Jinping, Joe Biden, Xi, Liu Zhenli, William Burns, People's, Liu, General Li Shangfu, Li, Nancy Pelosi, Phil Stewart, Gerry Doyle, Jon Boyle Organizations: Air Force, Joint Chiefs, Staff, Pentagon, Joint Staff Department of, Central Military Commission, Beijing, U.S, CIA, U.S . Air Force, People's Liberation Army, PLA, People's Liberation Army Air, Reuters, Russia, ., CMC, Thomson Locations: TOKYO, China, Taiwan, Japan, U.S, Beijing, Tokyo, TAIWAN Washington, South China, Asia, Pacific, Seoul, Taipei

☆ India, US begin talks to boost partnership amid 'global challenges'
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +3 min

"Defence remains one of the most important pillars of our bilateral relationship," Singh said in opening remarks at the meeting. "In spite of various emerging geopolitical challenges, we need to keep our focus on important and long-term issues." Austin said it was more important than ever that the world's two largest democracies exchange views, find common goals, and deliver for our people, "in the face of urgent global challenges". "Together we have been taking very concrete steps to deliver on the vision that our two leaders put forward," Blinken said. Jaishankar said the dialogue would help build "a forward-looking partnership while we construct a shared global agenda".

Persons: Antony Blinken, Lloyd Austin, Subrahmanyam Jaishankar, Rajnath Singh, Friday's, Singh, Austin, Narendra Modi's, Joe Biden's, Blinken, Jaishankar, Biden's, Xi Jinping, YP Rajesh, Raju Gopalakrishnan Organizations: India's, Defense, Ministry of Foreign Affairs, Swaraj Bhavan, Indian, Defence, Economic Cooperation, YP, Thomson Locations: DELHI, India, United States, Washington, Gaza, Ukraine, South Asia, New Delhi, Japan, Australia, China, Asia, San Francisco . India, Delhi, Russia

NEW DELHI (AP) — Top diplomats and defense chiefs from India and the United States met Friday focusing on security issues involving the Indo-Pacific, China and the Israel-Hamas war. U.S. Secretary of State Antony Blinken said the U.S. and India have a strong partnership and would discuss matters with implications for the future. He also said that the United States and India are bolstering their partnership in international peace and strengthening a rule-based order. Political Cartoons View All 1239 ImagesBlinken also said defense cooperation was a key pillar in ties between the countries. India and the U.S. have held the two-plus-two talks between India’s external affairs and defense minister and the U.S. secretaries of state and defense since 2018 to discuss issues of concern and strengthen bilateral ties.

Persons: Antony Blinken, ”, Blinken, Subrahmanyam Jaishankar, Uday Bhaskar, Defense Lloyd Austin, Rajnath Singh, Narendra Modi’s Organizations: DELHI, —, U.S, Association of Southeast, Nations, Defense, Indian Locations: India, United, Pacific, China, Israel, U.S, Asia, Japan, Australia, United States, Palestine, Gaza, Ukraine, Philippines, South China, Ladakh, Arunachal Pradesh, Washington

☆ Race to finish Indo-Pacific trade deals hit snags ahead of APEC summit
▼ + stars: | 2023-11-09 | by ( David Lawder | ) www.reuters.com time to read: +5 min

A sign advertising the upcoming APEC (Asia-Pacific Economic Cooperation) Summit in see as the city prepares to host leaders from the Asia-Pacific region in San Francisco, California November 8, 2023. Instead it promised cooperation on supply chains and clean energy along with higher standards for labor, environment and regulatory practices and digital trade. Negotiations on digital trade standards -- once seen as a marquee feature of the IPEF trade pillar -- are largely frozen as the Biden administration has suspended discussions on key rules after reversing longstanding U.S. positions on e-commerce. By adopting these fringe views on digital trade, USTR really brings the main substance on digital trade to a halt," said John Murphy, senior vice president for international policy for the U.S. Chamber of Commerce. One of the sources familiar with the talks said that early enthusiasm on the IPEF trade pillar -- which excludes India -- has given way to frustration over the difficulty and complexity of issues involved.

Persons: Carlos Barria, Biden, Joe Biden, IPEF, Wendy Cutler, Cutler, Trump, USTR, John Murphy, David Lawder, Sharon Singleton Organizations: APEC, Economic Cooperation, REUTERS, FRANCISCO, Pacific, Prosperity, Asia Pacific Economic Cooperation, Asia Society Policy Center, Commerce Department, U.S . Trade, Big Tech, U.S . Chamber of Commerce, Thomson Locations: Asia, Pacific, San Francisco , California, San Francisco, U.S, China, Washington, IPEF, Australia, Brunei, Fiji, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam, United States, TPP

U.S. Secretary of State Antony Blinken speaks during a press conference after participating in G7 ministerial meetings in Tokyo, Japan, November 8, 2023. REUTERS/Jonathan Ernst/Pool Acquire Licensing RightsNEW DELHI/WASHINGTON, Nov 8 (Reuters) - U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin will hold talks with India this week that officials say will focus on security challenges in the Indo-Pacific and concerns over China, rather than the wars in Gaza and Ukraine. U.S. officials were moving swiftly to deepen ties with India while pledging support for an investigation into the June killing on Canadian soil, an American official aware of the Indo-Pacific policy said. Both officials spoke on condition of anonymity as they were not authorised to speak to the media. India's ties with the U.S. have grown steadily stronger on several fronts, and it has close strategic links with Israel.

Persons: Antony Blinken, Jonathan Ernst, Lloyd Austin, Subrahmanyam Jaishankar, Rajnath Singh, Narendra Modi's, Joe Biden's, Xi Jinping, Rick Rossow, Rossow, Krishn Kaushik, David Brunnstrom, Trevor Hunnicutt, YP Rajesh, Simon Cameron, Moore Organizations: REUTERS, Officials, Ottawa, Indian, Economic Cooperation, Asia Society, South, U.S, Washington’s Center, Strategic, International Studies, Biden, YP, Thomson Locations: Tokyo, Japan, DELHI, WASHINGTON, India, China, Gaza, Ukraine, New Delhi, Canada, Washington, Asia, San Francisco, South Asia, Israel, Delhi, Russia, Washington and New Delhi, Myanmar, Maldives, Sri Lanka, Nepal

☆ Blinken to visit South Korea as North Korea, Russia deepen ties
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +3 min

The Seoul visit comes as the United States and South Korea, along with Japan, have condemned what they say is the supply of arms and military equipment by North Korea to Russia. North Korea is preparing to launch a spy satellite after having failed twice this year to put one in orbit. South Korea's spy agency said last week North Korea was in the final stages of preparations for the launch after apparently receiving technical assistance from Russia. U.S. Secretary of Defense Lloyd Austin is also due to visit South Korea this week on a trip that will include Indonesia and India. In Washington, U.S. and South Korean officials held talks on North Korea's illicit cyber activities that they say fund its unlawful weapons programs, South Korea's foreign ministry said.

Persons: Antony Blinken, Yoko Kamikawa, Toshifumi, military's Vandenberg, Defense Lloyd Austin, Austin, Soo, Choi, Ed Davies, Michael Perry Organizations: Japanese, REUTERS Acquire, Rights, South Korean, SpaceX, U.S, Defense, Blinken, United, Thomson Locations: Tokyo, Japan, Rights SEOUL, Seoul, Russia, Blinken's, Asia, India, Israel, United States, South Korea, North Korea, Washington, North, Ukraine, Pyongyang, Korea, Moscow, Russia's, South, Indonesia, North Korean, Pacific, Washington , U.S, United Nations

McConnell said he is aligned with Biden's “comprehensive approach” to funding Ukraine, Israel and other regions, but Republicans are “very serious” about including the border changes. “What we saw from Senate Republicans is not a serious piece of legislation," press secretary Karine Jean-Pierre said. House Republicans are veering dramatically from the agreement Biden and McCarthy struck earlier this year to set spending levels. House Republicans are cutting money for most departments except the Pentagon, while the Senate also boosts defense and has shifted some resources. The House Republicans spent most of last month struggling to elect a new speaker before settling on Johnson.

Persons: Mike Johnson, Kevin McCarthy, ” Johnson, “, Johnson, Joe Biden's, ”, Chuck Schumer, I've, Mitch McConnell, Kentucky, Biden, Janet Yellen, McConnell, Karine Jean, Pierre, Donald Trump, Sen, Patty Murray, Vladimir Putin, Putin, Chris Murphy, Conn, McCarthy, Kelly Armstrong, Kevin Freking, Seung Min Kim, Mary Clare Jalonick Organizations: WASHINGTON, Republican, Ukraine, Russia, New, Republicans, GOP, Democrats, Senate, Senate Republican, U.S ., Pentagon, Freedom Caucus, Associated Press Locations: Israel, Ukraine, Asia, Pacific, Russia, U.S, Mexico, Kyiv, Johnson, North Dakota

☆ Top Biden administration officials head to Asia to show China remains a top priority amid Israel-Hamas war
▼ + stars: | 2023-11-07 | by ( Haley Britzky | ) edition.cnn.com time to read: +5 min

Washington CNN —The Biden administration’s senior-most national security officials are traveling this week to the Indo-Pacific, signaling that the administration’s China strategy remains a priority as it grapples with an increasingly volatile Middle East. Blinken and Austin will both travel to India for a 2+2 Dialogue with their counterparts. Meanwhile, talks between US and Chinese officials stalled until this summer when Blinken met with senior Chinese officials in Beijing. Asked by CNN on Monday if Austin would be meeting with any PRC officials during his travel, Pentagon spokesman Brig. The senior officials’ travel also comes as the White House is preparing for a meeting between President Joe Biden and Chinese President Xi Jinping later this month in San Francisco.

Persons: Washington CNN —, Biden, Antony Blinken, Defense Lloyd Austin, CQ Brown, Brown, Austin, Blinken, —, Nancy Pelosi’s, Ely Ratner, John Aquilino, “, ”, Li Shangfu, Pat Ryder, Pacific Affairs Daniel Kritenbrink, ” Kritenbrink, Blinken —, Israel —, ’, Joe Biden, Xi Jinping, “ It’s, Karine Jean, Pierre said, Jennifer Hansler Organizations: Washington CNN, Biden administration’s, Defense, Joint Chiefs, Staff, West Bank, Security, Relations, US Air Force, US, East, Military, Pacific Command, ASEAN Defense, China’s, CNN, Pentagon, East Asian, Pacific Affairs, State Department, Hamas, Israel Locations: China, East, India, Indonesia, South Korea, Israel, Jordan, Turkey, Japan, Taiwan, Chinese, South China, Beijing, Pacific, Iranian, Iraq, Syria, Gaza, San Francisco

☆ Meet 4 newly promoted Goldman MDs, including a top advisor to Silicon Valley's VCs and the investment bank's talent whisperer for boards
▼ + stars: | 2023-11-06 | by ( Emmalyse Brownstein | Dakin Campbell | ) www.businessinsider.com time to read: +10 min

Last week, Goldman Sachs inducted 608 employees into its exclusive "MD" club. But the investment bank still made a strong showing. Close to half of the new MDs work for Goldman's all-important global banking and markets (GBM) division, which houses the investment bank. Plus, it's one step removed from partner, which is the highest title at the prestigious investment bank below the C-Suite. Last week, she was one of the 186 women to be promoted to managing director at Goldman Sachs.

Persons: Goldman Sachs, David Solomon, Goldman, There's, Chuck Schumer, Michael Bloomberg, Ilana Wolfe, Goldman Sachs Ilana Wolfe, Goldman who's, Wolfe, Stephanie Cohen, what's, She's, Fereshteh Abbasi, wasn't, Fereshteh Abbabi, Abbabi, Abbasi, I've, Matt Margolin Goldman Sachs Matt Margolin, Matt Margolin, Charles Schumer, — Margolin, Mangolin, Bank of America Merrill Lynch, VCs, Margolin, Jane Mandel Goldman Sachs Jade Mandel, Jade Mandel Organizations: Global Banking, Markets, CDC, Wealth Management, University of Pennsylvania, Stanford, Bloomberg, Bank of America, Barclays, Goldman, Goldman ' San, Asset Management Venture Capital, Growth, Equity Fund, Equity Locations: Solomon, Silicon Valley, Iran, New York, New York City, Goldman ', Goldman ' San Francisco, China, Hong Kong, Asia, America

“This year, overall views of the United States are much more positive than views of China in most places surveyed,” the report said. The 2019 survey recorded a median of 55% across 22 countries showing favorable views of the U.S., compared to a median of 39% of China. Of the same countries in 2023, medians of 58% and 21% had positive views of the U.S. and China, respectively. Then, a median of 53% across 15 countries reported favorable views of the U.S., compared to a median of 43% with favorable views of China. In 2023, medians of 59% and 27% across the same countries had favorable views of the U.S. and of China, respectively, according to Pew.

Persons: Joe Biden, “, Xi Jinping, Biden, Pew, Camp David, ”, Laura Clancy, Clancy, Donald Trump, Xi, Biden –, George W, Bush, China’s, Hu Jintao, — Organizations: WASHINGTON, Pew Research Center, China, Pew, Camp, Initiative, U.S Locations: United States, China, Washington, U.S, Australia, Poland, Japan, South Korea, Indonesia, South Africa, Mexico, favorability, Nigeria, Beijing, Germany, Sweden, Israel, Italy

☆ Ferrari again raises guidance as customers opt for high-priced, personalized sports cars
▼ + stars: | 2023-11-02 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com time to read: +2 min

Ferrari on Thursday said that its third-quarter profit jumped 46% from a year ago as its wealthy customers continued to choose expensive "personalization" options for their new cars. As it did last quarter, Ferrari again boosted its guidance for the full year following the results. Here are the key numbers from Ferrari's third-quarter earnings report:Earnings per share: 1.82 euros vs. 1.60 euros expected by Wall Street analysts polled by LSEG, formerly known as Refinitiv. 1.82 euros vs. 1.60 euros expected by Wall Street analysts polled by LSEG, formerly known as Refinitiv. Revenue: 1.54 billion euros vs. 1.47 billion euros expected, per LSEG.

Persons: Ferrari, Benedetto Vigna, Vigna Organizations: Ferrari, Wall Street, LSEG Locations: Europe, North, South America, China, Asia, Pacific

WASHINGTON (AP) — Washington wants to build an economic relationship with Beijing that takes into account national security and human rights and is fair to both sides, Treasury Secretary Janet Yellen said on Thursday. In her speech, Yellen said Washington will not cut its economic ties with Beijing but pursue a “serious and clear-eyed" approach. “As I’ve said, the United States does not seek to decouple from China. “The United States has long been a Pacific nation, and it is abundantly clear we remain one today,” she said. “We are deepening our economic ties across the region, with tremendous potential benefits for the U.S. economy and for the Indo-Pacific.”

Persons: — Washington, Janet Yellen, We’ve, Yellen, Joe Biden, Xi Jinping, Biden’s, ”, I’ve, ” Yellen, “ Organizations: WASHINGTON, Biden, Asia Society, Economic Cooperation, Washington Locations: Beijing, Washington, decouple, China, United States, Asia, San Francisco, Manila, Taiwan Strait, Taiwan, U.S, Japan, South Korea, Vietnam, India, Pacific

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