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☆ Gloom, nervousness and joy: What Trump’s victory means for key world regions
▼ + stars: | 2024-11-06 | by ( Cnn Staff | ) edition.cnn.com time to read: +23 min

He also believes Russia is also betting on “US turmoil” under Trump, hoping internal divisions will “distract” Trump from foreign policy. Zelensky, like the others playing to Trump’s vanity through praise, said: “I appreciate President Trump’s commitment to the ‘peace through strength’ approach in global affairs. Those are the central questions now facing Seoul, as Trump has openly considered downsizing the approximately 28,500 US troops stationed in South Korea. Seoul currently pays $1.13 billion annually for American military forces within its territory, a figure which under an agreement signed Monday is expected to rise to $1.26 billion annually in 2026. A screens shows live footage of Donald Trump speaking during a news program in Seoul, South Korea, on November 6, 2024.

Persons: Donald Trump, Trump, CNN’s Clare Sebastian, Vladimir Putin, Hillary Clinton, Clinton, Putin wryly, Joe Biden, Vance’s, Pavel Bednyakov, AP “ Trump, ”, Dmitry Medvedev, Margarita Simonyan, “ Trump, Dmitry Peskov, “, ” Boris Bondarev, ” Trump, Matthew Chance, Benjamin Netanyahu, ” Netanyahu, Biden, –, Kamala Harris –, Trump’s, Amir Levy, trepidation, America’s, Nic Robertson, Annalena Baerbock, Baerbock, Remko de, Mark Rutte, Jens Stoltenberg’s, Stoltenberg, Putin, ” Baerbock, Steven Jiang, Xi Jinping didn’t, Xi, Washington’s, Florence Lo, Harris, Will Ripley, Lai Ching, Vance, Lai, Taiwan’s, Kamala Harris, Chiang Ying, Mike Valerio, they’d, They’d, Camp Humphreys, Lee Jin, Will Trump, Kim Jong, Robert C, Kim, Larry Madowo, Ghana Trump, Uhuru Kenyatta, Akinwumi Adesina, Osinbajo, Hailemariam Desalegn, Jonathan Ernst, George W, Bush, It’s, Stefano Pozzebon, Javier Milei, El, Nayib Bukele, Bolsonaro, Gustavo Petro, Mexico’s Claudia Sheinbaum, Sheinbaum, Del Cueto, Rebecca Noble Organizations: CNN, United, Democratic National Committee, Trump, International Media, AP, RT, Kremlin, White, Israel, White House, America, Iranian, German, NATO, European Union, Getty, Dutch, Democratic, Reuters, South China, Taiwan : Defense, Party, Taiwan, Taiwan Relations, Washington, Congress, Kuomintang, KMT, Economic, of Chicago, Bloomberg News, Army, South, North, Korean, Kenyan, Guinea Alpha Conde, Trump , African Development Bank, Ethiopian, Republican, AIDS Relief, Biden, Conservative, Progressives, US, Mexico “, Border Patrol Council Locations: Russia, East, Europe, China, Taiwan, Korean, Africa, Ukraine, CNN’s, London, Moscow, Russian, Kyiv, American, ”, Jerusalem, Israel, America, Gaza, Lebanon, Iran, Tehran, Hamas, Germany, Soviet, United States, United Kingdom, The Hague, Netherlands, Remko de Waal, Trump, Beijing, –, Shanghai, South, Taipei, Asia, Seoul, South Korea, Korea, North Korea, Japan, Tokyo, Washington, Pyongyang, Accra, Ghana, Tanzania, Zambia, Guinea, Trump ,, Nigeria, AFP, Angola, Bogotá, Colombia, Mexico, Venezuela, Nicaragua

☆ China is closing a South China Sea surveillance gap with a new radar made to spot stealth aircraft, satellite images suggest
▼ + stars: | 2024-11-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Satellite images appear to show a SIAR system on Triton Island in the South China Sea. China previously built a SIAR system on Subi Reef in the Spratly Islands, further south in the South China Sea and west of the Philippines. "This is an iteration on a long-term Chinese strategy to dominate the sensor space in the South China Sea," he said. AdvertisementLast fall, the Pentagon documented growth in China's intelligence-gathering capabilities in the South China Sea, especially at the Spratlys. China's new SIAR system on Triton Island helps grow its reconnaissance and surveillance network in the South China Sea.

Persons: —, Chatham House's John Pollack, Damien Symon, Maxar, Chatham, Gregory Poling, Michael Dahm, Dahm, Aaron Haro Gonzalez Organizations: Service, Business, Chatham House, Triton, Southeast Asia Program, Asia Maritime, Center for Strategic, International Studies, Pentagon, Aerospace, China Studies, Mitchell Institute, US, Communication, US Air Force Locations: China, South China, South, Chatham, Spratly, Philippines, Hainan, Beijing, Aaron Haro Gonzalez China

☆ Guangdong, China: Satellite imagery shows new mystery aircraft carrier built amid breakneck naval expansion
▼ + stars: | 2024-11-01 | by ( Edward Szekeres | Brad Lendon | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —China appears to have built a new and unusual aircraft carrier, intriguing experts with a potentially first-of-its-kind vessel that could further increase Beijing’s rapidly expanding maritime power. This potential new aircraft carrier “is of a somewhat unusual shape and size – much smaller than China’s previous naval aircraft carriers,” said Thomas Shugart, a former US Navy submarine commander and now a fellow at the Center for a New American Security. Another view of the satellite imagery captured on October 23, 2024, showing a potentially new class of a Chinese aircraft carrier at a shipyard in the southeastern end of the country. Only the United States Navy operates aircraft carriers bigger than the Fujian. Conducted in the South China Sea, the exercise was “aiming to enhance the integrated combat capability of the aircraft carrier formations” and was “part of the Liaoning aircraft carrier formation’s regular real-combat training in the high seas,” Xinhua said.

Persons: ”, Thomas Shugart, Shugart, –, Beijing’s, Carl Schuster, Schuster, ” Schuster, ” Song Organizations: Hong Kong CNN, Planet Labs, Guangzhou Shipyard, US, Center, New, New American Security, Planet Labs PBC China, People’s Liberation Army Navy, PLAN, supercarriers, United States Navy, Center for Strategic, International Studies, “, PLA, Pacific Command’s Joint Intelligence, China Coast Guard, Beijing, Coast Guard, Communist Party, Xinhua, Liaoning, US Navy, Global Times Locations: Hong Kong, China, Guangdong, New American, Fujian, Shandong, Liaoning, Naval, Washington, Shanghai, Beijing, Taiwan, Matsu, South, South China, Xinhua

☆ China's navy flexed new muscles in the South China Sea with its first dual aircraft carrier drills
▼ + stars: | 2024-10-31 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

China's navy conducted its first dual-carrier drills this month in the South China Sea. Photos from the recent exercise showed China's two operational aircraft carriers, escort ships, and fighter jets in the South China Sea. People's Liberation ArmyRecent training occurred in the Yellow Sea and East and South China Seas. The Liaoning and Shandong, China's first two aircraft carriers, feature ski jumps for launching aircraft. People's Liberation ArmyThe Shandong is China's first domestically produced aircraft carrier, although it's still based on Liaoning's design.

Persons: —, China's, Kuznetsov, wasn't, it's, hasn't Organizations: Service, Liberation Army Navy, PLAN, People's Liberation Army, South China Seas, Ford, US, US Department of Defense Locations: South China, Liaoning, Shandong, China, South, Taiwan, East, Shenyang, Soviet, Fujian

☆ The Philippines is prone to extreme weather. But few expected Tropical Storm Trami to be this devastating
▼ + stars: | 2024-10-28 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +7 min

The Philippines is struck by multiple typhoons a year and Trami was not an especially strong storm when it made landfall, at least in terms of windspeed. Residents use a boat to recover items from their flooded homes as the storm inundated Libon town, Albay province, Philippines on Thursday October 24, 2024. A neighborhood in Talisay, Batangas province, Philippines was swept away by a landslide triggered by Tropical Storm Trami on October 26, 2024. Villagers gather to pay respects to family and friends who died after a landslide hit their homes triggered by Tropical Storm Trami, in Talisay, Batangas province on October 26, 2024. A man crosses a flooded rice field as Trami dumped heavy rains at Libon town, Albay province, Philippines on October 24, 2024.

Persons: Trami, Kristine, ” Garlan, Garland, “ We’re, ”, John Michael Magdasoc, Ferdinand Marcos, we’ll, ” Marcos, Aaron Favila, Hermilando Mandanas, Raynaldo Dejucos, –, “ I’m, ” Dejucos, Heinrich Sandrino, Sandrino, Marcos, Kong Rey, Gaemi, Typhoon Yagi Organizations: CNN, Trami, Residents, Typhoon Kong, PTV, AP, Kong Locations: Philippines, Bicol, Sorsogon, Bulan, Sorsogon –, Manila, Libon, Albay, Philippine, Batangas province, Trami, Talisay, Batangas, Typhoon, Leon, Bicol’s, Camarines Sur, China, Vietnam, Thua Thien Hue, Taiwan, Luzon, Southeast Asia

☆ Tropical Storm Trami wreaks havoc in the Philippines, leaving dozens dead
▼ + stars: | 2024-10-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

MANILA, Philippines – Tropical Storm Trami has killed at least 26 people and forced more than 150,000 to flee their homes in the Philippines, officials said Thursday, as it made landfall on the northeastern coast. Trami, locally known as severe tropical storm Kristine, dumped heavy to torrential rain on the main island of Luzon, triggering widespread flooding and landslides. A man walking among debris from the floods caused by Tropical Storm Trami in Nabua, the Philippines, on Friday. Zalrian Sayat / AFP - Getty ImagesIt warned of heavy to intense rainfall, flooding, landslides and storm surges for some northern provinces. The Philippines typically records an average of 20 tropical storms annually, often resulting in heavy rains, strong winds and deadly landslides.

Persons: Trami, Zalrian Sayat, Ezikiel Chavez Organizations: Associated Press, Getty Locations: MANILA, Philippines, Luzon, Cordillera, China, Nabua, AFP, Bicol, Naga, Divilacan, Isabela province, Bato

BEIJING — The United States will judge China “on its actions, not just its words,” U.S. “It’s very important that we have these channels of communication,” Burns said in an exclusive interview in Beijing on Wednesday. “We want to be responsible for our own people, but also for the world as we conduct this relationship,” Burns said. During their summit last year, the two leaders said there should be more people-to-people exchanges between their countries, including in academics, business and tourism. It’s a very challenging relationship,” Burns said.

Persons: China “, China Nicholas Burns, Burns, ” Burns, Joe Biden, Donald Trump, Biden, Xi Jinping, It’s, ” Janis Mackey Frayer, Jennifer Jett Organizations: China, U.S, NBC, Pacific, Ukraine, Chinese Commerce Ministry, United Nations, Biden, Embassy, Foreign Ministry, American Chamber of Commerce Locations: BEIJING, United States, China, U.S, Beijing, People’s Republic of China, Asia, Pacific, South, Taiwan, Washington, South Korea, Japan, Philippines, Russia, Ukraine, Xinjiang, Tibet, Hong Kong, Gaza, Israel, California, Shanghai

☆ As North Korea, Iran and China support Russia’s war, is a ‘new axis’ emerging?
▼ + stars: | 2024-10-24 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +11 min

The remains of an unidentified missile, which Ukrainian authorities claimed to be made in North Korea, is seen at a site of a Russian strike in Kharkiv, Ukraine on January 2. China, Russia and Iran have also held four joint naval drills since 2019, and China is by far Iran’s largest energy buyer. Beijing also carefully manages its relationship with North Korea – which is almost wholly economically and diplomatically dependent on China. “Russia, North Korea, Iran is the type of grouping that China least wants to openly associate itself with,” said Tong Zhao, a senior fellow at the Carnegie Endowment for International Peace. An Iranian military boat patrols ahead of the start of a joint naval drill of Iran, Russia and China in the Indian Ocean in May.

Persons: They’ve, Lloyd Austin, George W, Bush’s, ”, Kim Jong, Kim, there’s, what’s, Bashar al, Assad, Israel –, Xi Jinping, Putin, Alex Gabuev, Sofiia Gatilova, Xi, Loup, “, Tong Zhao, Zhao, Sydney Seiler Organizations: Hong Kong CNN, Korean, Moscow’s, US, North, West, Carnegie Russia Eurasia Center, China’s, National University of Singapore’s Middle East Institute, Carnegie Endowment, International Peace, Iranian Army, AP, UN, National Defense Strategy, NATO, Center for Strategic, International Studies Locations: Hong Kong, Russia, Ukraine, United States, Tehran, China, Iran, North Korea, Washington, Europe, Pacific, Nazi Germany, Fascist Italy, Imperial Japan, Iraq, South Korea, Pyongyang, Syria, Beijing, Moscow, Berlin, Kharkiv, Kazan, Israel, Jean, South, Taiwan, “ Russia, ”, Iranian, Asia, Australia, Japan, New Zealand, North Asia, Sydney

☆ Indonesia sent a Chinese ship packing, escalating a fight over oil and gas in the South China Sea
▼ + stars: | 2024-10-24 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Indonesia said it drove a Chinese coast guard ship out of its waters in the South China Sea. AdvertisementIndonesia said it deployed two vessels and an aircraft to expel a Chinese ship from contested waters in the South China Sea. The interaction is another turn in a yearslong dispute over who owns the South China Sea, and gets to exploit its resources. AdvertisementThe incident escalates the dispute over the South China Sea, and highlights the richness of its resources. Malaysia and Vietnam are also pursuing oil-and-gas projects in the South China Sea, and running into Chinese opposition.

Persons: — Organizations: Service, Indonesian National Armed Forces, Maritime Security, PT Pertamina, CCG, Maritime Security Agency, Business, US Navy, Strategic, Studies, Maritime, China Coast Guard, Vietnam's Vanguard Bank Locations: Indonesia, South China, China, Indonesia's, Taiwan, Vietnam, Brunei, Malaysia, Philippines

☆ Tropical Storm Trami brings severe flooding and landslides to the Philippines, at least two dozen dead
▼ + stars: | 2024-10-24 | by ( Story The Associated Press | ) edition.cnn.com time to read: +3 min

Manila, Philippines AP —Widespread flooding and landslides set off by a tropical storm in the northeastern Philippines on Thursday left at least 24 people dead, swept away cars and prompted authorities to scramble for motorboats to rescue trapped villagers, some on roofs. The government shut down schools and offices – except those urgently needed for disaster response – for the second day on the entire main island of Luzon to protect millions of people after Tropical Storm Trami slammed into the country’s northeastern province of Isabela after midnight. A resident swims despite the strong waves caused by Tropical Storm Trami in Manila, Philippines, on October 23, 2024. Aaron Favila/APTrucks are stranded along a flooded highway in Nabua town, Camarines Sur province, south of Manila, Philippines, on October 23, 2024. In 2013, Typhoon Haiyan, one of the strongest recorded tropical cyclones in the world, left more than 7,300 people dead or missing and flattened entire villages.

Persons: Storm Trami, Kristine, Aaron Favila, Charism Sayat, Trami, Andre Dizon, Dizon, ” Dizon, Haiyan Organizations: Philippines AP, China, Getty, Tropical, Associated Press Locations: Manila, Philippines, Luzon, Isabela, Aguinaldo, Ifugao, Bicol, Quezon province, Nabua, Camarines Sur province, AFP, Guinobatan, Albay, Naga, mudflows, Mayon

☆ Taiwan says Chinese blockade would be act of war after ‘Joint Sword-2024B’ military drills
▼ + stars: | 2024-10-23 | by ( Story Reuters | ) edition.cnn.com time to read: +4 min

China’s latest war games around the island, carried out last week, included simulating blockading key ports and areas, and assaulting maritime and ground targets, Beijing said. “The international community could not sit by and just watch.”While those war games last only a day, Chinese military activity has continued. This screen grab from a video released by the Taiwan Coast Guard shows a China Coast Guard boat from a Taiwan Coast Guard boat as it passes near the coast of Matsu islands, Taiwan on Monday, Oct. 14, 2024. The Liaoning was involved in those same Chinese war games last week near Taiwan. Taiwan and the United States dispute that, saying the Taiwan Strait is an international waterway.

Persons: Wellington Koo, China’s, Koo, ”, “ Organizations: Taiwan Reuters, Defense, Nations, Taiwan Coast Guard, China Coast Guard, AP Carrier, Taiwan’s Defense, China’s Defense Ministry, US Navy Locations: Taipei, Taiwan, China, Beijing, Taiwan Strait, Matsu, Liaoning, South China, Japan, United States, Canada, Germany, Britain

☆ Over a year of astonishing ocean heat has given way to the largest coral bleaching on record
▼ + stars: | 2024-10-18 | by ( Story Reuters | ) edition.cnn.com time to read: +4 min

The previous record from the 2014 to 2017 mass bleaching affected just below 66% of the world’s reef area. Triggered by heat stress in warm oceans, coral bleaching occurs when corals expel the colourful algae living in their tissues. A bleached coral is not dead, but ocean temperatures need to cool off for any hope of recovery. “We’ve never had a coral bleaching event this big before.”In just the last six weeks, bleaching has been confirmed in the waters of Palau, Guam and Israel. What are we going to do about it?” said Emily Darling, who leads the Wildlife Conservation Society’s global coral reef conservation programme.

Persons: Derek Manzello, Sirachai Arunrugstichai, Lillian Suwanrumpha, Manzello, “ We’ve, ”, Emily Darling, El Niño Organizations: CNN, National Oceanic, Atmospheric Administration, Reuters, NOAA, Reef, Getty, ”, United Nations, Wildlife Conservation Locations: Trat, Thailand, Raja Ampat, Indonesia's West Papua, AFP, Palau, Guam, Israel, Caribbean, South China, Colombia

☆ Russia defense chief touts ‘common understanding’ with China in Beijing talks
▼ + stars: | 2024-10-16 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Their task is to “strengthen and develop” their strategic partnership, the Russian defense chief added. Russia and China have been bolstering their security coordination in the face of shared frictions with the West. Belousov also held talks a day earlier with Chinese Defense Minister Dong Jun, who ranks below Zhang in China’s military hierarchy. Belousov’s arrival in Beijing Monday coincided with China’s military flying a record number of fighter jets and other warplanes around Taiwan during large-scale military drills. China said the drills were intended as a “stern warning” to what it described as pro-independence forces in Taiwan.

Persons: that’s, Andrey Belousov, Zhang Youxia, Xi Jinping, That’s, Zhang, Xi, Vladimir Putin, Belousov, Dong Jun, Andrei Belousov, Wang Yi, Putin, Lai Ching Organizations: Hong Kong CNN, US, China’s, Military Commission, Tass, China’s Defense Ministry, Chinese Defense, Russia's Defense, China's, Russian Defence Ministry, Reuters China’s Ministry of Foreign Affairs, Canadian Locations: China, Hong Kong, Beijing, Russia, Washington, Russian, Kazan, BRICS, Moscow, Ukraine, Ocean, Alaska –, South China, Taiwan

☆ Island-building brings America closer to conflict in South China Sea
▼ + stars: | 2024-10-16 | by ( Robert Leslie | Lilian Manansala | ) www.businessinsider.com time to read: 1 min

Satellite images and onboard footage show how the race to build and fortify artificial islands in the South China Sea is nudging America and China closer to conflict. It's been 10 years since the first large islands first started to appear, but now, some are fully operational military bases with 3,000-meter runways, weapons systems, and deepwater harbors.

Persons: It's Locations: South China, America, China

☆ Taiwan says Chinese military sent a record 153 planes toward island during war games
▼ + stars: | 2024-10-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

TAIPEI, Taiwan — Taiwan’s defense ministry on Tuesday detailed the surge in Chinese warplane activity around the island during war games the previous day, saying it had detected a record 153 Chinese military aircraft. In its daily update on Chinese military activity around the island in the previous 24 hours, Taiwan’s defense ministry said it had spotted 153 Chinese military aircraft, updating a figure given on Monday evening of 125 which it had already said was a record high for a single day. There were also 14 Chinese navy ships and 12 “official ships” — which refers to the coast guard and other military-adjacent vessels — spotted, the ministry said. Speaking to reporters in Taipei, Premier Cho Jung-tai said the drills were not just a Taiwan issue. “Any drills without prior warning will cause great disturbance to peace and stability in the entire region,” he said.

Persons: ”, Lai Ching, Cho Jung, “ Locations: TAIPEI, Taiwan, China, Beijing, Taiwan Strait, South China, Taipei

☆ Asia-Pacific markets open higher after key Wall Street benchmarks hit record highs
▼ + stars: | 2024-10-15 | by ( Dylan Butts | ) www.cnbc.com time to read: 1 min

The port at Busan, South Korea, in 2020. South Korea and Japan are especially dependent on shipping lanes that traverse the South China Sea, linking them to the Indian Ocean, Persian Gulf and beyond. Asia-Pacific markets opened higher Tuesday, following gains on Wall Street that saw the Dow Jones Industrial Average and the S&P 500 Nasdaq Composite reach new record highs. Investors assessed trade data out of South Korea, which showed a trade surplus of $6.7 billion in September, up from $3.7 billion in the previous month. South Korea's Kospi opened 0.05% higher, while the small-cap Kosdaq was up 0.4%.

Persons: Australia's Organizations: Dow Jones Industrial, Nasdaq, Kospi, Nikkei Locations: Busan, South Korea, Japan, China, Persian Gulf, Asia, Pacific

☆ As a warning, China sent warplanes and warships, including its first aircraft carrier, to practice assaulting Taiwan
▼ + stars: | 2024-10-14 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

China conducted a large-scale military exercise surrounding Taiwan on Monday. China employed a number of warships, as well as its first aircraft carrier, and dozens of aircraft. AdvertisementIn a warning, China's military surrounded Taiwan during a military exercise on Monday, demonstrating its ability to blockade key ports, execute strikes, and assault positions. China's military, the People's Liberation Army, announced the "Joint Sword-2024B" exercises on Monday morning, with its Eastern Theater Command dispatching troops to conduct joint military drills in the Taiwan Strait and around Taiwan and its outlying islands. In response to the Chinese military drills, Lai posted on X that China aimed "to undermine stability and the status quo, failing to live up to global expectations."

Persons: —, Li Xi, Li, Daniel Ceng, URfScDhgdj — Ryan Chan 陳, Lai Ching, X3SvV8sQY4 — Ian Ellis, Lai Organizations: Service, People's Liberation Army, Eastern Theater Command, PLA Eastern Theater Command, Getty, Taiwan's Ministry of National Defense, PLA, PLA Navy, Ministry of Defense, Liaoning, Sanya Naval, China PLA Navy Locations: China, Taiwan, Anadolu, Liaoning, Sanya, Sanya Naval Base, Hainan, South, Taiwan Strait, Taiwan's, Beijing

☆ Efforts by the US to counter China in the South China Sea could backfire
▼ + stars: | 2024-10-12 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +10 min

The US has played a key role in countering China in the South China Sea. They "want a Goldilocks situation in the South China Sea — not too hot, not too cold," he added. A China Coast Guard ship, at right, sails past the Philippine Coast Guard ship BRP Cape Engaño on August 26, 2024. AdvertisementASEAN held its annual summit in Laos this week, in part to discuss territorial tensions in the South China Sea. A Philippine Coast Guard vessel and a Chinese Coast Guard vessel during an incident in the South China Sea on August 19, 2024.

Persons: —, Bill Hayton, Antony Blinken, Hunter Marston, Omar Zaghloul, Bush, Marston, George W, Obama, Trump, Biden, It's, Martson, Gregory B, Poling, Chatham House's, Samuel Paparo, Hayton, Sabina, REUTERS Poling, Mutual Defense Treaty, of National Defense Gilberto Teodoro Organizations: US, Service, Chatham, South China, China Coast Guard, Philippine Coast Guard, BRP, ROSA, Getty, ASEAN, Southeast, Australian National University, Coral Bell School of Asia, Pacific Affairs, Anadolu Agency, Center for Strategic, Studies, Asia Program, Transparency Initiative, Pacific Command, US National Bureau of Economic Research, coastguard, Coast Guard, Chinese Coast Guard, REUTERS, Mutual Defense, CBS, of National Defense Locations: China, South China, Philippines, South, Asia, Chatham House's Asia, BRP Cape Engaño, AFP, Laos, Filipino, United States, Singapore, Vietnam, Malaysia, Indonesia, Cambodia, Brunei, Pacific, Chatham House's Hayton, Philippine, Taiwan, Hong Kong, West Philippine, Weibo, Handout, Poling, Ukraine

☆ Global trade at risk as tensions escalate in South China Sea
▼ + stars: | 2024-10-11 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A vessel identified by the Philippine Coast Guard as "Chinese maritime militia" (back R) and a China Coast Guard vessel (front R) sailing near the Philippine military chartered Unaizah May 4 (L) during its supply mission to Second Thomas Shoal in the disputed South China Sea on March 5, 2024. Some of the world's busiest shipping lanes are at risk due to rising tensions in the South China Sea, experts warn. In recent months, skirmishes have escalated in the highly-contested South China Sea – a marginal sea in the Western Pacific ocean that's a crucial trade route for China, Japan and India, three of the world's biggest economies. These developments in the South China Sea should be on the radar of global markets and supply chains due to the importance of these waterways to international trade, according to Marko Papic, chief global geo-macro strategist at BCA Research. "The South China Sea is the most valuable shipping lane in the world in terms of the value of trade that transits through it," Papic told CNBC, noting that conflict there poses obvious risks to global shipping.

Persons: Thomas Shoal, Marko Papic, Papic Organizations: Philippine Coast Guard, China Coast Guard, Philippine, Unaizah, Beijing, BCA Research, CNBC Locations: China, South China, Japan, India, Philippines, Vietnam, South, U.S

☆ Rare satellite image shows China's only two operational aircraft carriers together at a base in the South China Sea
▼ + stars: | 2024-10-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

A satellite image shows China's two operational aircraft carriers docked together. Liaoning and Shandong were pier-side at Sanya Naval Base on Hainan Island in the South China Sea. AdvertisementA rare satellite image captured China's two fully operational aircraft carriers sitting pier-side together in the South China Sea earlier this week. CNS Liaoning and CNS Shandong, China's two fully operational aircraft carriers, pier-side at Hainan Island. Kevin Frayer/Getty ImagesThe Shandong, China's second carrier, is the country's first domestically-produced aircraft carrier.

Persons: —, Kuznetsov, Admiral Kuznetsov, Kevin Frayer, Pu Organizations: Sanya Naval, Service, South China, Business, People's Liberation Army Navy's, Ford, Getty Locations: Liaoning, Shandong, Sanya, Sanya Naval Base, Hainan, South China, South, People's Liberation Army Navy's Liaoning, Vietnam, CNS Liaoning, China's, China, Russia's, Fujian, Taiwan, Xinhua, East, Philippine, Pacific, Russia, Beijing, Scarborough, Philippines

☆ Here's what's on Gen Z's 'micro-spending' wish list
▼ + stars: | 2024-10-09 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Gen Z is choosing "micro-spending" over traditional financial milestones, analyst Riani Kenyon said. AdvertisementTwenty-somethings are ditching traditional financial milestones in favor of filling their wish lists with more instant forms of gratification. Gen Z is collecting trinketsSonny Angel dolls have become a hit with American Gen Zers. Related storiesThey're adhering to trendsHailey Bieber, a trendsetter for Gen Z, has many lining up to buy her beauty brand. RhodeAs the TikTok For You Page refreshes, so do the hot new items that Gen Zers must have.

Persons: Riani Kenyon, —, Ellyn Briggs, Meredith Whitney, Gen, Kenyon, Angel, Zers, Edmond So, Z, Sonny Angel, Sonny Angel unboxing, Hailey Bieber, Briggs, Gen Zers, Shawn Owens, Hailey Bieber's, It's, Owens, Stanley, Megan Willett, Owala, Todd Owyoung, Gen Z, That's Organizations: Service, Financial, American Express, China Morning, Getty, Dreams USA, Rhode, Wei, NBC Locations: TikTok, Hailey Bieber's Rhode

☆ Rodrigo Duterte: Former Philippine president to run as mayor despite drug killings legacy
▼ + stars: | 2024-10-07 | by ( Story The Associated Press | ) edition.cnn.com time to read: +3 min

Manila, Philippines (AP) — The Philippines’s former President Rodrigo Duterte registered Monday to run for mayor of his southern home city despite his notorious legacy over his brutal anti-drugs crackdown that the International Criminal Court is investigating as a possible crime against humanity. His son – incumbent Davao city Mayor Sebastian Duterte – would run as his vice-mayor in next year’s mid-term elections, officials said. More than 6,000 people, mostly poor drug suspects, were killed under a massive police-enforced crackdown against illegal drugs that Duterte oversaw when he was president, according to government pronouncements. Duterte has denied condoning extrajudicial killings of drug suspects, although he has openly threatened suspects with death and has ordered police to shoot suspects who dangerously resist arrest. During his presidency, Duterte nurtured cozy ties with Chinese President Xi Jinping and Russian leader Vladimir Putin while lambasting the security policies of the United States and other Western governments.

Persons: Rodrigo Duterte, Mayor Sebastian Duterte –, Duterte, Sara Duterte, Ferdinand Marcos Jr, Marcos, Marcos administration’s, China’s, Xi Jinping, Vladimir Putin Organizations: Mayor, ICC Locations: Manila, Philippines, Davao city, Davao, Duterte, China, United States

☆ Hedge funds are piling into Chinese stocks like never before as sweeping stimulus sparks enthusiasm
▼ + stars: | 2024-10-03 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Beijing's rare stimulus blitz unleashed newfound optimism from hedge fund investors, who have been piling into beaten-down Chinese stocks like never before. Hedge funds started flocking to Chinese stocks after the government announced a flood of stimulus measures in a bid to revive growth and avoid a deep slump in the world's second largest economy. The high-profile investor even said he's raising his usual allocation limit and is not hedging his big China bet. He dove into Chinese internet stocks last quarter as Burry's hedge fund, Scion Asset Management, made Alibaba its top holding at the end of June. KWEB 5D mountain KraneShares CSI China Internet ETF Beijing's big stimulus also prompted BlackRock, the world's largest asset manager, to upgrade Chinese stocks to overweight — with a caveat.

Persons: Goldman Sachs, David Tepper, Tepper, Burry It's, bullish, Nick Wilcox, Michael Burry, Stanley Druckenmiller, he's Organizations: Appaloosa Management, CNBC, China . Man, Man, Scion Asset Management, Baidu, CSI China, BlackRock, U.S Locations: China, Taiwan

☆ China’s Coast Guard claims to have entered the Arctic Ocean for the first time as it ramps up security ties with Russia
▼ + stars: | 2024-10-03 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

The statement came a day after the US Coast Guard said it spotted four vessels from the Russian Border Guard and Chinese Coast Guard in the Bering Sea – the “northernmost” location it said it had ever observed the Chinese ships. A banner visible on one of the vessels in accompanying photos read “China Coast Guard devoting its heart to the Party; demonstrating loyalty in the Arctic Ocean,” referring to China’s ruling Communist Party. The US Coast Guard (USCG) on Monday said it spotted the four vessels from the Russian Border Guard and Chinese Coast Guard “transiting in formation in a northeast direction” in the Bering Sea, some five miles inside Russia’s Exclusive Economic Zone on Saturday. A China Coast Guard member pictured during recent joint drills with Russia. The coast guard collaboration “relates to Chinese interests in maritime transportation along at least parts of the Northern Sea Route,” according to Østhagen.

Persons: Russia –, China’s, ”, Megan Dean, irked, Carl Schuster, it’s, –, Sophie Arts, ” Andreas Østhagen Organizations: Hong Kong CNN, China’s Coast Guard, US Coast Guard, Russian Border Guard, Chinese Coast Guard, China Coast Guard, Communist Party, CCTV, TASS, 17th Coast Guard District, USCG, Canadian, Russia’s Federal Security Service, East China, Coast Guard, Guard, US Navy, Pacific Command’s Joint Intelligence Center, China, US Department of Defense, German Marshall Fund, Fridtjof Nansen Institute, CNN, Armed Police, Central Military Commission, Centre for High North Logistics, Norway’s Nord University Locations: Hong Kong, Russia, Beijing, ”, Bering, Alaska, Asia, North America, China, Washington, South, East, irked Beijing, Ukraine, Russian, Norway, South China, Philippines, Europe

☆ Investors eying income solutions and defense stocks as geopolitical tensions rise
▼ + stars: | 2024-10-02 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +2 min

(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for Pro subscribers. Worldwide Exchange airs at 5 a.m. "The fixed income market has enough yield to bail you out if the geopolitical tensions get worse," said Hyman said on Worldwide Exchange. "Investors are not focusing on the likely U.S. response post election to replenishing defense stocks and ramping up capabilities." Worldwide Exchange Pick: Biotech Stocks Scott Ladner of Horizon Investments is seeing opportunities in the biotech sector, specifically the iShares Biotechnology ETF (IBB) and SPDR S & P Biotech (XBI) ETFs.

Persons: Simeon Hyman, Hyman, Terry Haines, Haines, Lockheed Martin, Scott Ladner, Ladner Organizations: Pro, Worldwide, Proshares Advisors, Defense, Lockheed, Raytheon, Biotech, Horizon Investments, iShares Biotechnology, P Biotech, Shipping Stocks Shipping, U.S Locations: Israel, Iran, Ukraine, South China, U.S, East, Gulf Coast

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