DIRS.INFO The most relevant business & tech news

WASHINGTON (AP) — The United States and China are the two global economic heavyweights. The meeting will bring together 21 Pacific Rim countries, which collectively represent 40% of the world’s people and nearly half of global trade. Indeed, imports of Chinese goods to the United States were down 24% through September compared with the same period of 2022. Xi, too, has reason to try to restore economic cooperation with the United States. “This will not be an easy sell.’’Complicating matters is that the tensions between Washington and Beijing go well beyond economics.

Persons: Joe Biden, Xi, Eswar Prasad, “, Prasad, Donald Trump, Trump, Biden, Chad Bown, Janet Yellen, Lifeng, —, ” Yellen, ’ ’, Wendy Cutler, Raja Krishnamoorthi, ’ ’ Krishnamoorthi, ’ Organizations: WASHINGTON, International Monetary Fund, “, Cornell University, Economic Cooperation, Biden, World Trade Organization, U.S, Peterson Institute for International Economics, Prosperity, Trump, Group, Bain & Co, Micron, IMF, United, Asia Society Institute, Chinese Communist Party, Republicans, Pew Research Center, Center for Strategic, International Studies, Rep, Illinois Democrat Locations: United States, China, Washington, Beijing, U.S, Ukraine, Gaza, Asia, San Francisco, Shanghai, Hong Kong, Xinjiang, India, Philippines, South China, Taiwan, Chinese, Kenya, Nigeria, Illinois

Protests are expected throughout this week's Asia-Pacific Economic Cooperation leaders’ conference, which could draw more than 20,000 attendees, including hundreds of international journalists. San Francisco has a long tradition of loud and vigorous protests, as do trade talks. In 1999, tens of thousands of protesters took to the streets of Seattle during a World Trade Organization conference. San Francisco Police Department Chief Bill Scott said he expects several protests a day, although it's uncertain how many will materialize. “People are welcome to exercise their constitutional rights in San Francisco, but we will not tolerate people committing acts of violence, or property destruction or any other crime,” Scott said.

Persons: Joe Biden, Suzanne Ali, ”, Bill Scott, ” Scott, “, Biden, Xi Jinping, Rory McVeigh, Xi, Vo Van Thuong, Bongbong Marcos, Ferdinand Marcos, Nik Evasco, “ It's, Huizhong Wu Organizations: FRANCISCO, —, Sunday, Economic Cooperation, ’, APEC, Moscone Center, Palestinian Youth Movement, U.S, Hamas, Trade Organization, Protesters, Thai, San Francisco Police Department, Center, University of Notre Dame, United Vietnamese American Community of, International Coalition for Human Rights, Associated Press Locations: Israel, San Francisco, Asia, Francisco, Seattle, Chile, Thailand, Bangkok, China, U.S, Mexico, Brazil, Philippines, United Vietnamese American Community of Northern California, Vietnam

Trautman purchased a 53-foot sailboat called the SV Delos for $398,000 with a $81,000 down payment. WE SailSince he started traveling the world by boat, Trautman has visited over 45 countries and has racked up 70,000 ocean miles. When Sierra turned four months old, the now family of three returned to life on the sailboat. To stay connected with their family members on land, Trautman says they have their loved ones visit them when they are docked. The couple stays connected to their family online and by planning trips to places they're docked.

Persons: Brian Trautman, Trautman, maxed, Karin, Sierra Organizations: Microsoft, CNBC, SV Delos, YouTube, Sailing SV Delos, WE Locations: Redmond , Washington, Bellingham , Washington, New Zealand, Polynesia, Sweden, Caribbean, Philippines, they're

☆ Cramer on why the emperor of this market has been naked long enough: Unpacking Apple, Amazon, Meta and Alphabet
▼ + stars: | 2023-11-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

You think and think and think, and you still can't believe that things changed so radically in such a short period of time. So, let's pull apart Apple, Amazon, Meta and Alphabet to try to understand how unimportant what actually happened at these companies might be. Instead, Apple stock has climbed roughly 5% since it reported quarterly results on Nov. 2. Meta stock fell to $288 a share, down from $314, in a couple of sessions just because of that line in its earnings report. But like Apple and Amazon, Meta stock stabilized and has risen more than 14% since late October.

Persons: —, Lina Khan's, let's, Khan, Apple, Jim Cramer's, Jim Cramer, Jim, Alexi Rosenfeld Organizations: Apple, U.S . Federal Trade Commission, NFL, Amazon, Web Services, Google, YouTube, Amazon Web Services, Meta, Microsoft, Federal, Treasury, Procter & Gamble, CNBC, Getty Locations: wearables, Philippines, Indonesia, Brazil, Vietnam, China, Israel, Gaza, GOOGL, New York City

A panel displays the Hang Seng Index during afternoon trading, in Hong Kong, China May 4, 2020. Other economic and policy highlights across the continent this week include preliminary Japanese third-quarter GDP, Indian inflation, and a policy decision from the Philippine central bank on Thursday. Some, like the China and aggregate emerging market indexes, last week fell to their lowest in three months. Perhaps the most interesting of all Goldman's FCIs is its Japanese index. Citi's economic surprises index for Japan turned negative last week and is now the lowest since June.

Persons: Tyrone Siu, Jamie McGeever, Wall, Goldman, Joe Biden, Xi Jinping, Diane Craft Organizations: REUTERS, Nasdaq, Bank of Japan, Mizuho, Mitsubishi UFJ, Sumitomo, Economic Cooperation, China's, Tencent Holdings, Alibaba, Lenovo, APEC, Thomson, Reuters Locations: Hong Kong, China, U.S, Philippine, Asia, Japan, San Francisco, India

☆ 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

☆ Israel is looking to World War II in its Gaza fight, and it risks taking lessons from the wrong war
▼ + stars: | 2023-11-11 | by ( Sam Fellman | Sonam Sheth | ) www.businessinsider.com time to read: +15 min

It's a critical question that will define whether Israel's war succeeds, experts on military strategy told Insider. Smoke and flame rise after Israeli air forces targeting a shopping center in Gaza Strip, Gaza on October 07, 2023. In the aftermath of the October 7 attacks, Israel has abandoned "mowing the grass" in favor of a much more far-reaching and deadly strategy. Marcus Yam/Getty ImagesIn this war, Israeli leaders have used heated rhetoric while their forces maintain a deadly bombing campaign. Not the destruction of Israel of course, but a state on the West Bank and in Gaza," Mansoor said.

Persons: it's, —, Israel, Raphel Cohen, Peter Mansoor, Israel —, — Israel, we've, Benjamin Netanyahu, Netanyahu, " Cohen, Ashraf Amra, Cohen, Israel couldn't, Jalaa Marey, Colin Powell, George W, Bush, G.I.s, Aysar, Amer, Jawad Turki, Nasser Ishtayeh, David Petraeus, Mansoor, Mansoor —, They're, Marcus Yam, that's Organizations: RAND, Service, AIR FORCE, US Army, Israel Defense Forces, ABC News, Anadolu Agency, Getty, Hamas, Islamic State, of Health, Post, Manila . Ohio Army National Guard, Israel, US, Jihad, West Bank, National Force, Ohio State University, Royal Air Force Locations: Iraq, Afghanistan, United States, Gaza, Israel, Lebanon, Mosul, Iraqi, Fallujah, Intramuros, Manila, Philippines, Pearl, Jenin, Tel Aviv, al Qaeda, Geneva, Hiroshima, Nagasaki

☆ Philippines to continue South China Sea supply missions despite Chinese boats
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +2 min

A Philippine supply boat sails near a Chinese Coast Guard ship during a resupply mission for Filipino troops stationed at a grounded warship in the South China Sea, October 4, 2023. REUTERS/Adrian Portugal/File Photo Acquire Licensing RightsMANILA, Nov 11 (Reuters) - The Philippines' coast guard said on Saturday it would maintain its regular supply missions to troops stationed on a disputed atoll in the South China Sea even though it expects more Chinese vessels to be sent to the area. China claims almost the entire South China Sea, including the Second Thomas Shoal, and has deployed hundreds of vessels to patrol there. "We are still going to carry out these dangerous missions despite our limited number of vessels and despite the increasing number of Chinese vessels they are going to deploy," Philippine coast guard spokesperson Jay Tarriela told a press conference. Philippine President Ferdinand Marcos has pursued warmer ties with Washington, reversing the pro-China stance of his predecessor and leading to a rise in tension in the South China Sea.

Persons: Adrian Portugal, Thomas Shoal, Jay Tarriela, Tarriela, Ferdinand Marcos, Neil Jerome Morales, Helen Popper Our Organizations: Coast Guard, REUTERS, Rights, South China, Philippine, China's, U.S . State Department, People's, Thomson Locations: Philippine, South China, Rights MANILA, Philippines, South, China, Manila, People's Republic of China, Washington

☆ How a Decaying Warship Beached on a Tiny Shoal Provoked China’s Ire
▼ + stars: | 2023-11-11 | by ( Camille Elemia | ) www.nytimes.com time to read: 1 min

For more than two decades, it has been an unlikely flashpoint in the South China Sea: a rusty, World War II-era ship beached on a tiny reef that has become a symbol of Philippine resistance against Beijing. The Philippine government ran the vessel aground in 1999 on the Second Thomas Shoal, a contested reef 120 miles off the coast of the western province of Palawan. The dilapidated warship, known as the Sierra Madre, will never sail again. But it has remained there ever since, a marker of the Philippines’ claim to the shoal and an effort to prevent China from seizing more of the disputed waters. On Friday, a reporter for The New York Times was among a group given rare access to a Philippine resupply mission, first boarding a Coast Guard ship — the BRP Cabra — and then an inflatable dinghy to get within 1,000 yards of the Sierra Madre.

Persons: Thomas Organizations: Beijing, Philippine, The New York Times, Coast Guard, BRP, — Locations: South China, Palawan, Sierra Madre, Philippines, China, Philippine

☆ Philippines accuses Chinese vessels of firing water cannon on ships resupplying South China Sea military outpost
▼ + stars: | 2023-11-10 | by ( Kathleen Magramo | Larry Register | ) edition.cnn.com time to read: +3 min

CNN —Manila accused Chinese ships of firing water cannons and making “dangerous maneuvers” toward Philippine vessels resupplying a remote military outpost on Friday, in the latest of a string of incidents between the two countries in the disputed South China Sea. The Philippines also claimed that vessels belonging to a Chinese maritime militia were involved in the harassment and that two Philippine boats were subjected to “reckless” and “dangerous” harassment by inflatable boats belonging to the Chinese coast guard. That claim is hotly disputed by China and the two countries have been involved in increasingly frequent run-ins in the highly contested waterway. The Philippine Embassy in Beijing has protested to the Chinese Foreign Ministry over the latest incident. The South China Sea is widely seen as a potential flashpoint for global conflict.

Persons: Thomas, Thomas Shoal, Beijing –, Gan Yu, Philippines “, Shoal, “, China’s, ” Organizations: CNN, BRP, BRP Sierra Madre, US Navy, ”, Philippine Embassy, Chinese Foreign Ministry Locations: Manila, China, Chinese, “, BRP Sierra, Philippines, Beijing, China’s Nansha, Philippine, Spratly, South China

☆ Chinese fast fashion retailer Temu overtakes Shein to dominate Japan and South Korea apps
▼ + stars: | 2023-11-10 | by ( Sheila Chiang | ) www.cnbc.com time to read: +5 min

Similarly, in South Korea, Temu ranked No. Among the top shopping apps in South Korea, Temu was the fastest to reach 2 million downloads at around 88 days. Shein took 382 days while AliExpress took 366 days to hit the same milestone. Shein sued Temu in December over intellectual-property infringement while Temu accused Shein in July of threatening and forcing manufacturers into exclusivity agreements. Temu made its foray into Asia through Japan and South Korea in July.

Persons: Nikos Pekiaridis, Shein, Temu, Goldman Sachs, Mercari, Alibaba, AliExpress, Bernstein Organizations: Getty, Nurphoto, PDD Holdings, CNBC, iOS, Google, Nasdaq, Holdings, Citi, U.S, Committee Locations: Japan, South Korea, China, U.S, Australia, New Zealand, France, Italy, Germany, Netherlands, Spain, Boston , Massachusetts, Asia, Philippines, Malaysia

WASHINGTON (AP) — President Joe Biden and Chinese President Xi Jinping will meet Wednesday in California for talks on trade, Taiwan and managing fraught U.S.-Chinese relations in the first engagement between the leaders of the world's two biggest economies in nearly a year. Thousands of protesters are expected to descend on San Francisco during the summit. Thousands of people protesting climate destruction, corporate practices, the Israel-Hamas war and other issues are expected to descend on San Francisco during the summit. San Francisco Police Department Chief Bill Scott said his department expects several protests a day but doesn't know which ones will materialize where and when. ___Associated Press writer Janie Har in San Francisco and Ken Moritsugu in Beijing contributed reporting.

Persons: Joe Biden, Xi Jinping, Biden, Xi, Karine Jean, Pierre, ”, Janet Yellen, Lifeng, Tsai Ing, Nancy Pelosi's, ” Biden, Bill Scott, Janie Har, Ken Moritsugu Organizations: WASHINGTON, Economic Cooperation, White, APEC, U.S ., Biden, Communist Party, Democratic, U.S, Beijing, Senate Intelligence, Pentagon, San Francisco Police Department, Associated Press Locations: California, Taiwan, Asia, San Francisco, U.S, China, San Francisco Bay, Beijing, United States, North Korea, Pyongyang, Russia, Ukraine, Iran, Tehran, Israel, Bali , Indonesia, Taipei, American, South China, Philippines, States

☆ Biden to meet Xi on Wednesday in San Francisco Bay area, US says
▼ + stars: | 2023-11-10 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +5 min

U.S. President Joe Biden shakes hands with Chinese President Xi Jinping as they meet on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. The closely watched interaction, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in the San Francisco Bay area, could last hours and involve teams of officials from Beijing and Washington. The Chinese foreign ministry said on Friday that Xi would visit the United States Nov. 14-17, attend the APEC summit and meet with Biden. Biden and Xi will speak across oceans of ideological difference for the first time since November 2022. Biden is expected to tell Xi that U.S. commitments in the Indo-Pacific are unchanged.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Xi, Biden, Mao Zedong, Trevor Hunnicutt, Heather Timmons, Stephen Coates, Chizu Organizations: REUTERS, Rights, Economic Cooperation, Biden, White House, APEC, NATO, Diplomats, U.S, Thomson Locations: Bali , Indonesia, Asia, San Francisco Bay, Beijing, Washington, Israel, Ukraine, North, Russia, Taiwan, China, United, U.S, Northern California, Europe, United States, Taiwan Strait, South China, East China, Philippines, Iran

☆ Philippines denounces China for 'unprovoked acts of coercion' to block resupply mission
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Damir Sagolj/File Photo Acquire Licensing RightsMANILA/BEIJING, Nov 10 (Reuters) - The Philippines on Friday condemned China's coast guard for "unprovoked acts of coercion and dangerous manoeuvres," including its use of a water cannon against one of its boats in an attempt to disrupt a resupply mission in the South China Sea. China's coast guard said two small Philippine transport ships and three coast guard ships entered the waters without the permission of the Chinese government and urged the Philippines to stop infringing on Beijing's sovereignty. Japanese Prime Minister Fumio Kishida said during his visit to Manila on Saturday that his country, the Philippines and the United States were cooperating to protect the freedom of the South China Sea. China's use of water cannons followed a series of incidents in the South China Sea, including the collisions between China's vessels and two Manila ships on Oct. 22. The Philippines accused China coastguard of "intentionally" colliding with its vessels.

Persons: Carlos Dominguez, Gao Hucheng, Damir Sagolj, Thomas, Thomas Shoal, Wang Wenbin, Fumio Kishida, Neil Jerome Morales, Bernard Orr, Christopher Cushing, Gerry Doyle, Christina Fincher Organizations: Philippine, China's, REUTERS, South China, Official Development, China coastguard, Beijing, Thomson Locations: Beijing, China, MANILA, BEIJING, Philippines, China's, South China, South, Manila, Ayungin, Philippine, Thomas Shoal, United States, Japan, Japanese, Washington, Hague

☆ Russia may have struck a civilian cargo ship by accident because it screwed up hitting military targets, UK intel says
▼ + stars: | 2023-11-10 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia hit a civilian ship with a missile on Wednesday, killing and injuring crew, Ukraine said. The attack may have been due to "poor weapons employment tactics" by a Russian pilot, per UK intelligence. AdvertisementAdvertisementRussia may have struck a civilian ship in a Ukrainian port with a missile because of "poor weapons employment tactics," according to UK intelligence. AdvertisementAdvertisementOleksandr Kubrakov, Ukraine's Minister for Communities and Territories Development and Infrastructure, said the ship was a civilian vessel carrying iron ore to China. Kubrakov described Wednesday's attack as the 21st targeted attack by Russia on port infrastructure in Odesa since it left the grain deal.

Persons: —, Oleksandr Kubrakov, Kubrakov Organizations: MOD, Service, UK Ministry of Defence, Ukraine's, Territories Development, Infrastructure Locations: Russia, Ukraine, Russian, Liberia, Ukraine's Pivdennyi, China, Philippines, Odesa

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

☆ Biden to meet Xi on Wednesday in San Francisco Bay area, U.S. says
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: +5 min

U.S. President Joe Biden meets Chinese President Xi Jinping on the sidelines of the G-20 leaders' summit in Bali, Indonesia, on Nov. 14, 2022. President Joe Biden will meet Chinese President Xi Jinping face-to-face for the first time in a year on Wednesday, the White House said, in high-stakes diplomacy aimed at curbing tensions between the world's two superpowers. The Chinese foreign ministry said on Friday that Xi would visit the United States Nov. 14-17, attend the APEC summit and meet with Biden. Biden and Xi will speak across oceans of ideological difference for the first time since November 2022. Biden is expected to tell Xi that U.S. commitments in the Indo-Pacific are unchanged.

Persons: Joe Biden, Xi Jinping, Xi, Biden, Mao Zedong Organizations: Economic Cooperation, Biden, White House, APEC, NATO, Diplomats, U.S Locations: Bali , Indonesia, Asia, San Francisco Bay, Beijing, Washington, Israel, Ukraine, North, Russia, Taiwan, China, United, U.S, Northern California, Europe, United States, Taiwan Strait, South China, East China, Philippines, Iran

☆ Surge and Swarm: How China’s Ships Control the South China Sea
▼ + stars: | 2023-11-09 | by ( Niharika Mandhana | ) www.wsj.com time to read: 1 min

A Chinese coast guard ship attached itself like a shadow to a group of boats from the Philippines, trailing them for hours. The Philippines had sent two wooden boats and two coast guard vessels to resupply an unusual outpost in the South China Sea: a decrepit World War-II era ship preventing Beijing from taking control of a reef called Second Thomas Shoal.

Persons: Thomas Shoal Locations: Philippines, South China, Beijing

For the first time, Indonesia accounted for more than 50% of global thermal coal exports during the January to October window, data from Kpler shows, indicating its success in wresting share from rival exporters. Indonesia coal exports by destinationIndia was the second largest buyer of Indonesian coal, grabbing a roughly 20% share of the total (82 million tons). Indonesia vs Australia thermal coal pricesThat compares to an average $184 per ton for the roughly 6,200 kcal/kg coal shipped from Newcastle in Australia. Indonesia coal export price vs Indonesia coal exports to ChinaThe price to ship a ton of coal from Indonesia to China is currently around $8-$10, compared to $14-$15 a ton for the Australia to China voyage, according to Shanghai Shipping Exchange data. And that means Indonesia's full-year coal exports will smash previous records for 2023 as a whole.

Persons: Gavin Maguire, Tom Hogue Organizations: Russia, TOP, China, Australia, Indonesia, Shanghai Shipping Exchange, Reuters, Thomson Locations: Cilegon, West Java, Indonesia, LITTLETON , Colorado, South Africa, Colombia, United States, Hong Kong, India, Philippines, Japan, South Korea, Taiwan, China, Australia, LSEG, Newcastle, Mozambique, Russia, Indonesian, Asia

☆ 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

Instead, ongoing exercises in Hawaii, which conclude Friday, highlight part of a new American approach to Pacific defense and deterrence, with a focus on small groups of mobile land forces operating from islands like those off China's coast. As part of its “Operation Pathways” revamp of Pacific defense set in motion nearly a decade ago, the U.S. has been increasing its number of exercises with partners in the Indo-Pacific. “And that helps the U.S. to overcome its numerical disadvantages as China's navy is continuing to expand. The exercises provide experience in technical and procedural interoperability and also build human bonds that can be critical in times of crisis. Austin’s travels overlap with Secretary of State Antony Blinken ’s own visits to Tokyo, Seoul and New Delhi.

Persons: ”, Marcus Evans, Euan Graham, ” Graham, Evans, ” Evans, Defense Lloyd Austin, Antony Blinken ’, Xi Jinping, Joe Biden, Graham Organizations: 25th Infantry Division, U.S . Air Force, Wheeler Army, U.S . Department of Defense, U.S . Navy, Australian Strategic Policy Institute, U.S, United States Army, Defense, ” Aircraft Locations: BANGKOK, Taiwan, U.S, Beijing, China, Israel, Iran, Hawaii, American, New Zealand, Indonesia, Thailand, Britain, Oahu, United States, Mariana Islands, Guam, Pacific, Philippines, South Korea, Japan, Australia, India, Tokyo, Seoul, New Delhi, Solomon Islands, Washington

☆ Ukraine. Israel. Can America Support Two Wars and Still Handle China?
▼ + stars: | 2023-11-09 | by ( Damien Cave | More About Damien Cave | ) www.nytimes.com time to read: +1 min

America’s long-promised pivot to Asia was finally gathering momentum — new security deals with the Philippines and India, expanded military exercises, and plans with allies to stay ahead of Chinese technology. But the Middle East, like a vortex, has pulled Washington back in. “What concerns us most is the diversion of the U.S. military’s resources from East Asia to Europe, to the Middle East,” Akihisa Nagashima, a lawmaker and former national security adviser in Japan, said at a strategy forum in Sydney, Australia, last week. “We really hope that conflict is completely finished pretty soon.”American military commanders have said that no equipment has left the Indo-Pacific. And two top cabinet officials, Defense Secretary Lloyd J. Austin III and Secretary of State Antony J. Blinken, will be crisscrossing Asia this week with messages of reassurance, making stops separately or together in India, Japan, South Korea and Indonesia.

Persons: Akihisa Nagashima, “, Lloyd J, Austin III, Antony J, Blinken Organizations: Pentagon, Defense Locations: Asia, Philippines, India, Washington, United States, Beijing, Gaza, Israel, East Asia, Europe, Japan, Sydney, Australia, South Korea, Indonesia

☆ I pay $1,550 in rent and spent nearly $14,000 renovating my NYC apartment. Before and after photos show why it was worth it.
▼ + stars: | 2023-11-08 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +8 min

Joe Yatco is an architect in New York City who pays $1,550 per month for his Brooklyn apartment. Yatco spent nearly $14,000 renovating the apartment, including building a bar, bookshelf, and new sink. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Joe Yatco, a New York City-based architect whose apartment renovation recently went viral. Renovating a rental is worth itSome people are all upset, like, "Why would you spend $14,000 not on your own place?" When you move into a place, you're just inheriting what it is, and a lot of people don't make changes to their place and it doesn't truly reflect them.

Persons: Joe Yatco, Yatco, —, I've, It's, it's, they're, hasn't, it'll, I'd, I'm, Kelsey Vlamis Organizations: Service, Eagle Scouts Locations: New York City, Brooklyn, Williamsburg , Brooklyn, It's, Philippines, kvlamis@insider.com

U.S. President Joe Biden meets with Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. "This is going to overshadow anything that happens at APEC," said Oriana Skylar Mastro, a Stanford University China expert. Biden will welcome other APEC leaders - including from Vietnam, the Philippines, Canada and Mexico - and both he and Xi will be playing to the gallery. "Our door is open to any country or economy facing PRC (People's Republic of China) economic coercive threats," Melanie Hart, a senior China policy adviser at the State Department, said on Monday. That would include "companies flocking to meet with Xi Jinping and have dinner with him," he said.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Oriana Skylar Mastro, Xi, Biden, Victor Cha, Washington, Matthew Goodman, Goodman, Janet Yellen, Melanie Hart, Donald Trump, Jude Blanchette, Michael Martina, David Brunnstrom, Trevor Hunnicutt, Laurie Chen, Michelle Nichols, Josie Kao Organizations: REUTERS, Rights, San, Economic Cooperation, U.S, APEC, Stanford University China, Biden, Beijing, Washington's Center, Strategic, International Studies, China, Protesters, White, Treasury, Washington, People's, State Department, Pew Research, Prosperity, CSIS, Thomson Locations: Bali , Indonesia, San Francisco, Asia, Bali, Beijing, China, China . U.S, Washington, Taiwan, South China, Vietnam, Philippines, Canada, Mexico, U.S, People's Republic of China

☆ China warns against maritime 'camp' confrontations but stops short of naming US
▼ + stars: | 2023-11-08 | by ( Ryan Woo | ) www.reuters.com time to read: +3 min

Chinese Foreign Minister Wang Yi speaks during the opening ceremony of the diplomatic symposium at the Diaoyutai State Guesthouse on October 24, 2023 in Beijing, China. The Philippines, Japan and the United States have complained about what they say is growing Chinese aggression in the South China Sea. Last month, China and the Philippines traded barbs over a collision in the South China Sea as Chinese vessels blocked the passage of Philippine ships. Beijing has been especially critical of the U.S. Indo-Pacific strategy, which identifies China as an aggressor in the region, including the South China Sea, undermining international maritime law including freedom of navigation. China will continue to fulfil its obligations under international maritime laws, including the United Nations Convention on the Law of the Sea (UNCLOS), Wang said, again without referring to Washington.

Persons: Wang Yi, Ken Ishii, Wang, Xi Jinping, Joe Biden, Ryan Woo, Gerry Doyle Organizations: Rights, Economic Cooperation, United Nations Convention, UNCLOS, Thomson Locations: Diaoyutai, Beijing, China, Rights BEIJING, United States, Philippines, Japan, South China, Philippine, Manila, Hainan, U.S, Asia, Washington

Search resuls for: "The Philippine"

25 mentions found