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WASHINGTON, May 4 (Reuters) - Philippines President Ferdinand Marcos Jr said on Thursday that granting U.S. access to Philippine military bases was a defensive step that would be "useful" if China attacked Taiwan. Marcos told Reuters the Enhanced Defense Cooperation Agreement (EDCA) reached with the United States in 2014 was originally conceived to improve disaster responses. Marcos said Washington "has not proposed any kind of action for the Philippines in terms of taking part in the defense of Taiwan." Biden said on Monday that the U.S. commitment to the defense of its ally was "ironclad," including in the South China Sea, and that the guidelines issued on Wednesday laid out treaty commitments if either side were attacked in the South China Sea. He said the patrols would help preserve freedom of navigation in the South China Sea, where China has a growing military presence.

☆ Why have the United States and Philippines issued defence treaty guidelines?
▼ + stars: | 2023-05-04 | by ( Martin Petty | ) www.reuters.com time to read: +3 min

May 4 (Reuters) - The United States and the Philippines have agreed on new guidelines for their 1951 Mutual Defense Treaty, following multiple requests by Manila to make clear the conditions under which Washington would come to its defence. Though the United States has reassured the Philippines their defence partnership is "ironclad", Manila has argued the seven-decade-old treaty needs updating to reflect a different global security environment. Guidelines issued by the Pentagon now specifically mention that mutual defence commitments would be invoked if there were an armed attack on either country "anywhere in the South China Sea". Another addition specifies that coast guard vessels are among those protected. Some analysts have argued the Philippines and United States were better served by a more ambiguous mutual defence treaty.

☆ U.S. issues guidelines on defending Philippines from South China Sea attack
▼ + stars: | 2023-05-04 | by ( Karen Lema | ) www.reuters.com time to read: +3 min

The guidelines said the bilateral treaty commitments would be invoked if either is attacked specifically in the South China Sea and also if coast guard vessels were the target. 'WARNING' TO CHINAThe South China Sea, a waterway vital to global trade, has become a major flashpoint in the increasingly testy relationship between China and the United States. China's foreign ministry on Thursday said it opposed the use of bilateral defence treaties to interfere in the South China Sea, which "should not be a hunting ground for external forces". The guidelines were released during visit to Washington this week by Marcos, which included talks with counterpart Joe Biden. Marcos also met Defense Secretary Lloyd Austin, who told him "we will always have your back, in the South China Sea or elsewhere in the region."

WASHINGTON, May 4 (Reuters) - Philippines President Ferdinand Marcos Jr said on Thursday his agreement this year to grant the United States access to more military bases in his country was not intended for use for "offensive action" against any country. Speaking to a U.S. think-tank in Washington, Marcos said he had made that point to Chinese officials during recent talks. He also said the U.S. had not asked the Philippines to provide troops in case of war between China and the U.S. over Taiwan. Marcos told the Center for Strategic and International Studies that the 2014 Enhanced Defense Cooperation Agreement (EDCA) that allows access to bases in the Philippines was conceived to deal with the effects of climate change. Manila's ties with Washington have deepened under Marcos and he granted the U.S. military access to four more bases in February, something China said was "stoking the fire" of regional tension.

☆ US stands with Philippines against Chinese 'intimidation' in S. China Sea - official
▼ + stars: | 2023-05-03 | by ( Karen Lema | ) www.reuters.com time to read: +2 min

May 3 (Reuters) - The United States stands with treaty ally the Philippines in the face of harassment by China's coast guard in the South China Sea and remains deeply concerned about "intimidation" by Beijing, a senior U.S. official said on Tuesday. The Philippines on Friday accused China's coast guard of "dangerous manoeuvres" and "aggressive tactics" in the South China Sea, in another maritime confrontation between the two countries. China said the Philippines vessels made "deliberate provocative moves". Kritenbrink also said the United States and its partners recognised the importance of maintaining peace across the Taiwan Strait. Under Rodrigo Duterte, Marcos' anti-U.S. predecessor, relations soured as he sought to court China while openly rebuking Washington.

☆ Marcos, Back in Arms of U.S., Is Making His Own Name in Foreign Policy
▼ + stars: | 2023-05-02 | by ( Sui-Lee Wee | ) www.nytimes.com time to read: +1 min

Mr. Marcos — in office for not even a year — has emerged as one of the Philippines’ most transformative foreign policy presidents, engineering a forceful pivot toward the United States in its intensifying rivalry with China. Soon after his inauguration in June, Mr. Marcos welcomed a succession of visits by several top-level American officials. Defense officials began briefing Mr. Marcos about Russia’s invasion of Ukraine, and the parallels of a potential similar attack by China on Taiwan, which sits across a narrow waterway from the Philippines. Then, in January, Mr. Marcos announced that the United States would gain access to four more military sites in the Philippines. Last month, the Philippines hosted the biggest-ever joint military drills between the two countries.

☆ BowerGroupAsia on Biden-Marcos summit and Philippines-U.S. ties
▼ + stars: | 2023-05-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPhilippines is strengthening international cooperation to protect its territory, says advisory firmVictor Manhit of BowerGroupAsia says the Philippines needs a "broader approach ... to ensure collective deterrence against the aggressiveness of China."

☆ Philippines, China to discuss fishing rights in South China Sea - Marcos
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +2 min

MANILA, May 1 (Reuters) - Philippines President Ferdinand Marcos Jr said China has agreed to discuss fishing rights in the South China Sea, as he pushed for a "direct communication line" with Beijing on maritime differences. China has agreed to "sit down" and talk about Filipinos' fishing rights in the South China Sea, Marcos said, adding he has asked the Philippine Coast Guard and the Department of Foreign Affairs "to put together...a map of these fishing grounds" that will be presented to Beijing. The Philippines accused China's coast guard on Friday of "aggressive tactics" following a recent incident during a Philippine coast guard patrol close to the Philippines-held Second Thomas Shoal, a flashpoint for previous altercations located 105 nautical miles (195 km) off its coast. The United States has urged China to stop harassing Philippine vessels in the South China Sea, while Beijing said it was willing to handle maritime differences with countries of concern through friendly consultations, while warning Washington against interference. China claims sovereignty over almost the entire South China Sea, with a "nine-dash line" on maps that stretches more than 1,500 km (930 miles) off its mainland and cuts into the exclusive economic zones of Vietnam, the Philippines, Malaysia, Brunei and Indonesia.

☆ Biden to Meet Marcos in Washington as Tensions Grow With China
▼ + stars: | 2023-05-01 | by ( Katie Rogers | ) www.nytimes.com time to read: +1 min

WASHINGTON — President Biden will meet with President Ferdinand R. Marcos Jr. of the Philippines at the White House on Monday, a visit that is meant to send a message to China that the Filipino leader plans to deepen his country’s relationship with the United States. Mr. Marcos’s trip comes days after the U.S. and Philippine militaries held joint exercises aimed at curbing China’s influence in the South China Sea and strengthening the United States’ ability to defend Taiwan if China invades. The trip is the Biden administration’s latest push to bolster its relationships with key Asian allies as tensions with China rise. Its northernmost island of Itbayat is less than 100 miles from Taiwan, and an increased U.S. military presence could allow for a quick troop response in a war with China. For the United States, Mr. Marcos is an eager but untested partner.

☆ Biden to reassure Philippines' Marcos as China tensions flare
▼ + stars: | 2023-05-01 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +5 min

[1/2] U.S. President Joe Biden listens during the annual White House Correspondents Association Dinner in Washington, U.S., April 29, 2023. Marcos, who became president last year, has sought warm relations with both the United States and China, who are vying for influence in the Asia-Pacific region. "Some of the steps that China have taken have concerned (Marcos), probably even surprised him," said one senior Biden administration official. Experts say the United States considers the Philippines a potential location for rockets, missiles and artillery systems to counter a Chinese amphibious assault. "We're standing shoulder to shoulder in the South China Sea, where our alignment has never been stronger," said one U.S. official.

☆ What to Know About the U.S.-Philippines Alliance
▼ + stars: | 2023-05-01 | by ( Isabella Kwai | ) www.nytimes.com time to read: +1 min

President Biden is meeting President Ferdinand Marcos Jr. of the Philippines on Monday at the White House, part of a four-day U.S. visit by Mr. Marcos intended to signal a strengthening alliance between the two countries. Former President Rodrigo Duterte of the Philippines was more conciliatory than his predecessors toward China and at times more confrontational with the United States. Mr. Marcos, elected last year, has moved closer to Washington. Here’s a brief breakdown of the relationship between the United States and the Philippines, which have long had a close — though at times unsteady — relationship:Are the U.S. and the Philippines allies? The Philippines, the oldest American treaty ally in the Asia-Pacific region, has long been a strategic anchor for American influence and military power in the western Pacific, but it is a relationship complicated by historic grievances.

☆ Manila airport cancels 40 domestic flights after power outage
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +1 min

May 1 (Reuters) - An unexplained power outage at Manila airport's Terminal 3 on Monday led to about 40 domestic Cebu Pacific (CEB.PS) flights being cancelled, the airport said. "Flight delays are expected due to the outage", the Ninoy Aquino International Airport said in a statement posted on Facebook, without disclosing the cause of the power failure. Standby power systems were supplying electricity to critical facilities enabling airline and immigration computers to function partially and enable processing of both inbound and outbound passengers, it said. In a statement, Cebu Pacific offered its passengers departing to and from Terminal 3 an option to rebook or to request refunds to be put in a travel fund for future use. Reporting by Akanksha Khushi in Bengaluru; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

☆ Tsitsipas says 'focus and relaxation' key to improved serve after win over Thiem
▼ + stars: | 2023-04-30 | by ( ) www.reuters.com time to read: +1 min

April 30 (Reuters) - World number five Stefanos Tsitsipas landed 39 straight first serves en route to claiming a 3-6 6-1 7-6(5) comeback win over Dominic Thiem at the Madrid Open, with the Greek crediting his focus and relaxation for his near-perfect serving performance. I think I just owe it all to fluidity and just being relaxed on my serve... Tsitsipas also praised former U.S. Open champion Thiem for turning the two-hour, 19-minute encounter into a physically demanding contest. "I'm in a way happy that we were able to show that kind of tennis... Today sort of showed what kind of intensity two guys that play single-hand backhands can bring to tennis," Tsitsipas said. Tsitsipas will next meet Argentine Sebastian Baez, who beat American Marcos Giron 3-6 6-3 6-4.

☆ Philippines' Marcos to forge stronger relationship with U.S. during visit
▼ + stars: | 2023-04-30 | by ( ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden meets with Philippine President Ferdinand Marcos, Jr., on the sidelines of the U.N. General Assembly in New York City on Sept. 22, 2022. Philippine President Ferdinand Marcos Jr. said his meeting with U.S. President Joe Biden on Monday was essential in advancing his country's national interest and strengthening the "very important alliance" between Manila and Washington. Before leaving for his four-day official visit to Washington, Marcos said on Sunday he would convey to Biden his determination to forge "an even stronger relationship" with the United States to "address the concerns of our times," including issues related to the economy. Biden and Marcos are expected to reach agreements on greater business engagement, as well as "military enhancements" amid shared concerns about China, a senior Biden administration official told Reuters. The senior U.S. administration official said it was impossible to underestimate the strategic importance of the Philippines, although the relationship was more than just about security.

WASHINGTON, April 29 (Reuters) - At a summit on Monday, U.S. President Joe Biden and Philippines counterpart Ferdinand Marcos Jr are expected to reach agreements on greater business engagement, as well as "military enhancements" amid shared concerns about China, a senior Biden administration official told Reuters. Marcos is due in the United States on Sunday for a four-day visit that Philippines official say is aimed at reaffirming the special relationship between the Philippines and the United States, which are long-time allies. The senior U.S. administration official said it was impossible to underestimate its strategic importance of the Philippines, although the relationship was more than just about security. "We will roll out some deliverables during the next week that will highlight business engagement but also some military enhancements as well," he said on Saturday. The official said that as part of moves to boost commercial ties, U.S. Commerce Secretary Gina Raimondo would a lead a presidential business delegation to the Philippines.

☆ Philippines rebukes Beijing for 'dangerous manoeuvres' in South China Sea
▼ + stars: | 2023-04-28 | by ( Neil Jerome Morales | ) www.reuters.com time to read: +3 min

The incident occurred on Sunday during a Philippine coast guard patrol close to the Philippine-held Second Thomas Shoal, a flashpoint for previous altercations located 105 nautical miles (195 km) off its coast. One of the two Chinese vessels "carried out dangerous manoeuvres" about 150 feet (45.72 m) from a Philippine ship, it said. In February, the Philippines said a Chinese ship had directed a "military-grade laser" at one of its resupply vessels. China's foreign ministry spokesperson Mao Ning on Friday said the Philippine vessels had intruded into Chinese waters and "made deliberate provocative moves". "We urge the Philippines to respect China's territorial sovereignty and maritime rights," Mao said, adding the Chinese vessels acted professionally and with restraint.

☆ As US and Philippine defense ties grow closer, China drives wedge over Taiwan issue
▼ + stars: | 2023-04-27 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +10 min

But the election of his successor, Ferdinand Marcos Jr, last year has returned relations to a more even keel, in part because Manila has become wary of a more assertive China. Last year the US granted $100 million to boost the Southeast Asian country’s defense capabilities and military modernization. Heydarian added that China has to rethink its strategy towards the Philippines, as the Marcos Jr administration is openly more aligned with the US. China remains one of the top trade partners of the Philippines, while Marcos Jr also continues to negotiate energy and agriculture investments from Beijing. Some worry Marcos Jr might be giving too much access to the US, especially when it comes to bases and facilities close to Taiwan, Heydarian said.

☆ Facing China, the Philippines and U.S. Join in Biggest Military Drill Yet
▼ + stars: | 2023-04-26 | by ( Sui-Lee Wee | ) www.nytimes.com time to read: +1 min

More weapons could come. After the foreign and defense ministers of both the United States and the Philippines held talks earlier this month, Washington said it would commit to adopt “a security sector assistance road map” in the Philippines, which “will guide shared defense modernization investments.” Mr. Marcos is set to meet President Joe Biden next week in Washington. Collin Koh, a research fellow and expert on maritime security in Southeast Asia, said that the Philippines could “help to complicate Chinese defense planning” in the South China Sea. “Even weaker actors can pull off certain victories,” he said, pointing to how Ukraine’s vastly outgunned military had shocked and stymied Russian forces over the past year. Now, they say they are more reassured, especially after several visits by high-level U.S. officials.

☆ US and Philippine forces fire on mock enemy warship in South China Sea military exercise
▼ + stars: | 2023-04-26 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

CNN —United States and Philippine forces fired on a mock enemy warship in the South China Sea on Wednesday, the latest display of American firepower in Asia as tensions with China continue to rise. Earlier this month, China’s state-run media labeled the drills as an “attempt to target China.”US and Philippine military leaders said Wednesday’s exercise was designed to synchronize combat forces. “Together we are strengthening our capabilities in full-spectrum military operations across all domains,” Jurney said. The four bases joined five included earlier, including three on the main island of Luzon, close to Taiwan, and one on Balabac Island close to Chinese installations on the disputed islands in the South China Sea. Meanwhile, in another sign of increasing US-Philippine military cooperation, the US Pacific Air Forces said Tuesday a key air exercise will return to the Philippines next month for the first time since 1990.

☆ How 2 Silicon Valley vets are upending traditional venture capital with an investing model the industry hasn't seen before
▼ + stars: | 2023-04-26 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +7 min

The pair then decided to launch a venture firm, Fiat Ventures, with fintech vet Marcos Fernandez. After stints at buzzy startups in Silicon Valley, the two college buds are now making a name for themselves as the cofounders of the growth consultancy firm, Fiat Growth, and its sister venture firm, Fiat Ventures. In the case of Fiat Growth and Fiat Ventures, they have "reverse engineered" this model, where Fiat Growth acts in some ways like a platform team for its sister venture fund. Using this firsthand knowledge about industry trends and insight in startups with investing potential, Fiat Growth often passes this intel on to Fiat Ventures. How it all beganBefore cofounding Fiat Growth and Fiat Ventures, Glover and Harris became friends while on the football team at the University of California, Berkeley.

“We need to have tabletop exercises that go through a variety of scenarios, including possibly nuclear weapons,” a senior official told CNN earlier this month. Leaks loomRecent online leaks of Pentagon documents involving South Korea also loom over the visit. One of the leaked documents describes, in remarkable detail, a conversation between two senior South Korean national security officials about concerns by the country’s National Security Council over a US request for ammunition. Plans and pompWednesday’s events mark just the second state visit of the Biden presidency (Biden hosted French President Emmanuel Macron and his wife Brigitte in December 2022). President Joe Biden, first lady Jill Biden, South Korea's President Yoon Suk Yeol and his wife Kim Keon Hee visit the Korean War Veterans Memorial in Washington, Tuesday.

☆ Archaeologists in Peru find adolescent mummy wrapped in bundle
▼ + stars: | 2023-04-25 | by ( ) www.reuters.com time to read: +2 min

The mummy was probably an adolescent and found in an underground tomb wrapped in a funerary bundle, along with ceramics and rope and including bits of skin and hair. [1/5] Skeletal remains and parts of the funerary bundle of a mummy found by Peruvian archaeologists are seen in the ruins of Cajarmarquilla, in the outskirts of Lima, Peru, April 24, 2023. The mummy was discovered about 200 metres (220 yards) from where the first mummy of Cajamarquilla was found, explained Huaman, referring to another mummy found nearby last year. The complex is the second largest mud-brick city in Peru after Chan Chan in the north of the Andean country. Located in a dusty area about 20km (12 miles) from Lima, the site was believed to be a thriving trading center.

☆ Goalkeeper scores last-second diving header in dramatic finale
▼ + stars: | 2023-04-25 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

Just weeks after Leandro Requena scored what could be the longest range goal in history, Deportes Temuco goalkeeper Yerko Urra also got himself on the scoresheet. “A goalkeeper always goes [up for a corner] with the intention of helping or bothering [the opposition] so a teammate can score,” Urra told AS Chile. 🤯⚽⚪🟢 ¡TUVIMOS GOL DE ARQUERO EN EL ASCENSO BETSSON! Yerko Urra fue el héroe de Deportes Temuco en el choque ante San Marcos de Arica, al anotar de cabeza el empate 1-1 con que terminó el encuentro en los minutos finales. “Otherwise I would have stayed in goal, since if I went up then they could write me down in a counterattack,” Urra said.

☆ Calls to move away from the U.S. dollar are growing — but the greenback is still king
▼ + stars: | 2023-04-24 | by ( Penny Chen | ) www.cnbc.com time to read: +5 min

Kacper Pempel | ReutersCalls to move away from relying on the U.S. dollar for trade are growing. The U.S. dollar accounted for 58.36% of global foreign exchange reserves in the fourth quarter last year, according to data from the IMF's Currency Composition of Foreign Exchange Reserves (COFER). China is one of the most active players in this push given its dominant position in global trade right now, and as the world's second largest economy. The IMF estimates that Asia could contribute more than 70% to global growth this year. In the Middle East, major oil exporter Saudi Arabia has reportedly signaled it's open to trade in other currencies other than the greenback.

☆ Philippines' Marcos to seek specifics from Biden on US defence commitment
▼ + stars: | 2023-04-24 | by ( ) www.reuters.com time to read: +2 min

Marcos will hold talks with Biden in Washington this weekend, a meeting the White House said would reaffirm its "ironclad commitments to the defence of the Philippines". "It (the treaty) needs to adjust because of the changes in the situation we are facing in the South China Sea, Taiwan, North Korea," Marcos said in a radio interview. China, however, says the pact with the United States is stoking the fire of regional tensions. Marcos on Monday said he and Biden should discuss what exactly their alliance entails and how to manage tension with China. Reporting by Neil Jerome Morales; Writing by Martin Petty; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

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