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☆ Apple's earnings beat puts it on sure footing ahead of next month's AI iPhone launch
▼ + stars: | 2024-08-01 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

However, the expected AI-driven boom in new iPhone sales does represent a clear positive catalyst on the near-term horizon. Products iPhone sales were down slightly in the quarter. Services All-time revenue record, with an all-time record set in developed markets and a June quarter record set in emerging markets. Services are expected to grow at a double-digit rate similar to the rate seen in Apple's fiscal 2024 first quarter. A person poses holding the original iPhone and the new iPhone 15 outside the Fifth Avenue Apple Store in New York City ahead of the launch of Apple’s new iPhone 15, Sept. 22, 2023.

Persons: Apple, iPhones, Tim Cook, we're, Luca Maestri, AirPods, Maestri, Cook, Jim Cramer's, Jim Cramer, Jim, Alexi Rosenfeld Organizations: Apple, Apple Intelligence, . Research, MacBook Air, iPad, Apple Watch, Services, CNBC, Getty Locations: Greater China, China, Spain, Poland, Mexico, Indonesia, Philippines, New York City

☆ This Scientist Wants to Block the Sun to Cool the Earth
▼ + stars: | 2024-08-01 | by ( David Gelles | ) www.nytimes.com time to read: +1 min

David Keith was a graduate student in 1991 when a volcano erupted in the Philippines, sending a cloud of ash toward the edge of space. Seventeen million tons of sulfur dioxide released from Mount Pinatubo spread across the stratosphere, reflecting some of the sun’s energy away from Earth. The result was a drop in average temperatures in the Northern Hemisphere by roughly one degree Fahrenheit in the year that followed. Global temperatures have hit record highs for 13 months in a row, unleashing violent weather, deadly heat waves and raising sea levels. The main driver of the warming, the burning of fossil fuels, continues more or less unabated.

Persons: David Keith, Keith Locations: Philippines, Mount Pinatubo, Northern

Hong Kong CNN —Heavy rains and floods from Typhoon Gaemi caused at least 30 deaths and left 35 people missing across eight towns in the southern Chinese province of Hunan, state-run news agency Xinhua reported on Thursday, citing local authorities. On Thursday, rescue teams reached eight towns that had been cut off from the outside world since last Sunday, due to destroyed infrastructure and power grids. Typhoon Gaemi initially made landfall in China on the evening of Thursday July 25, with winds approaching 110 kph (70 mph). The storm previously caused torrential flooding in Taiwan, with rainfall in five townships totaling over 1,285mm (50 inches). Footage shows flooding and torrential winds in Nantou, Taiwan on July 25, 2024.

Persons: Gaemi, Typhoon Gaemi, CNN’s Robert Shackelford, Brandon Miller, Taylor Ward, Avery Schmitz Organizations: Hong Kong CNN, Xinhua, country’s Ministry of Emergency Management Locations: Hong Kong, Chinese, Hunan, Zixing City, Xinhua, China, Taiwan, Nantou, Hualien, Philippine

But, as events this week in Paris have once again shown, when it comes to women’s skating, Japan’s teenage girls are on fire. Fourteen-year-old Coco Yoshizawa’s late surge helped her beat compatriot Liz Akama, 15, to the gold medal at La Concorde Urban Park, Paris on Sunday. Sakura Yosozumi, then 19, and Kokona Hiraki, then 12, topped the 2021 Tokyo women’s park event. “Since there’s no age limit for skateboarding at the Olympics, any youngsters can compete,” Hiraki, the youngest Olympic medalist since 1936, told CNN in July. Lars Baron/Getty ImagesSkewing youngJapan aside, women’s skateboarding across both categories is dominated by teenage athletes.

Persons: Coco Yoshizawa’s, Liz Akama, ” Yoshizawa, Yuto Horigame, Jagger Eaton, Nyjah Huston, Horigame, Momoji Nishiya, Sakura Yosozumi, Kokona Hiraki, Brown, ” Hiraki, Julian Finney, ”, Junnosuke Yonesaka, Yonesaka, “, ” Akama, Lars Baron, Rayssa Leal, Cui Chenxi, Zhang Haohao, ’, China’s, Mazel Paris Alegado, Trew, Hiraki –, –, it’s Organizations: CNN, Team Japan, Concorde Urban, “, Paris Olympics, Tokyo Games, Urban Sports, Olympic, Concorde, Getty, Japan, Association, Paris, Asian Games Locations: Japan, Paris, Tokyo, France, China, Philippines

☆ U.S. Pledges $500 Million in New Military Aid to the Philippines, as China Asserts Sea Claims
▼ + stars: | 2024-07-30 | by ( Edward Wong | ) www.nytimes.com time to read: +1 min

The Biden administration announced on Tuesday an additional $500 million of military aid to the Philippines, further bolstering the defense alliance between the two nations while the Philippine military is grappling with aggressive actions by Chinese ships in the South China Sea. The U.S. and Philippine governments have deepened their military alliance since Ferdinand R. Marcos Jr. became president of the Philippines two years ago. Unlike his predecessor, who favored an opening with China, Mr. Marcos has leaned into ties with the United States. It was the first time that such a so-called 2+2 session between the allied nations has taken place in the Philippines. Secretary of State Antony J. Blinken and Defense Secretary Lloyd J. Austin III arrived in Manila on Monday night as part of a diplomatic mission to the Indo-Pacific region.

Persons: Ferdinand R, Marcos Jr, Marcos, Biden, Antony J, Blinken, Lloyd J, Austin III Organizations: Biden, Mr Locations: Philippines, Philippine, South China, The U.S, China, United States, Hawaii, Manila, Europe, Asia, Russia

☆ North Korea’s Kim ‘inspects’ flood response as thousands evacuated from China border region after heavy rains
▼ + stars: | 2024-07-29 | by ( Simone Mccarthy | Gawon Bae | ) edition.cnn.com time to read: +3 min

CNN —Some 5,000 people were rescued from flood-hit areas along North Korea’s border with China over the weekend in efforts supervised by leader Kim Jong Un, the country’s state media reported Monday. A flooded area in North Korea's North Pyongan province on July 28, pictured in a photo released by North Korea's official Korean Central News Agency. At least 15 people died following a rain-triggered landslide in central China’s Hunan Province, Chinese state media Xinhua said Sunday. China’s northeast – a key food-growing region which traditionally had been less effected by frequent flooding – is also grappling with heavy rains. In China’s Liaoning province, across the border from North Korea’s North Pyongan, more than 45,000 people were evacuated from their homes as of Sunday morning as heavy rains hit the region, according to Xinhua.

Persons: Kim Jong Un, KCNA, Kim –, Gaemi Organizations: CNN, North Korean, North, Korean Central News Agency, KCNA, Xinhua Locations: China, North Pyongan, Yalu, North Korea, Sinuiju City, Dandong, Asia, North Korea's, Pyongan province, Philippines, Taiwan, China’s Fujian Province, China’s Hunan Province, –, China’s Liaoning, North Korea’s, Xinhua, Southwest Liaoning

☆ Top Wall Street analysts suggest these dividend stocks for enhanced returns
▼ + stars: | 2024-07-28 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Investors seeking solid dividend payers can rely on top-ranked Wall Street analysts, who make recommendations after thoroughly analyzing a company's ability to generate solid financials and deliver strong returns. Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. WES offers a high dividend yield of 8.8%. Hanold expects Q2 2024 shareholder returns to comprise a fixed dividend of 90 cents a share and a variable dividend of $1.25 per share, with no stock buybacks. KO offers a dividend yield of about 2.9%.

Persons: Wall, WES, Gabriel Moreen, Moreen, TipRanks, FANG, Scott Hanold, KO, Nik Modi, Modi Organizations: Wall Street, Western, Western Midstream Partners, Mizuho, MLP, Diamondback Energy, Endeavor Energy, RBC Capital, Diamondback, Cola Locations: Texas , New Mexico , Colorado , Utah, Wyoming, West Texas, Philippines, India

☆ Burned out from their healthcare jobs, this millennial couple sold almost everything to take a gap year around the world
▼ + stars: | 2024-07-28 | by ( Erin Liam | ) www.businessinsider.com time to read: +6 min

Read previewA week into their honeymoon in 2022, Katie Flynn and Mistry Bhavik faced a major healthcare: Flynn had caught a severe amoeba infection while traveling in the Philippines. Both full-time pharmacists in Ontario, Canada, the couple had no idea when they could travel for a long period again. AdvertisementThe couple set a budget of $45,000 — or $123 per day for both — for their yearlong trip. Katie Flynn and Bhavik MistryTwo months into their adventure, they regularly update their Instagram page, @katieandbhav, where they have also found a community of like-minded travelers. Some millennials, like Flynn and Mistry, have turned to long-term travel to escape corporate life.

Persons: —, Katie Flynn, Mistry Bhavik, Flynn, Mistry, Bhavik Mistry Flynn, Bhavik Mistry, Olivia Young, Jo Fitzsimons, We're Organizations: Service, Business, World Health, American Psychological Association Locations: Philippines, Ontario, Canada, Japan, Thailand, Malaysia, Sri Lanka, Chiang Mai, New Zealand

☆ US to announce military command revamp in Japan, official says
▼ + stars: | 2024-07-28 | by ( ) www.cnbc.com time to read: +2 min

A dealer works behind U.S., left, and Japanese national flags at a foreign exchange brokerage in Tokyo, Japan. The United States will unveil a major revamp of its military command structure in Japan and other measures to deepen defense ties with its Asian ally at high-level security talks in Tokyo on Sunday, a U.S. official said. Forces Japan as a Joint Force Headquarters, reporting to the commander of U.S. INDOPACOM," the U.S. official told a briefing ahead of the talks. The command will be headed by a three-star general, the official said, not the four-star rank that Japan had requested. Prompted by China's growing military might, Japan is stepping back from decades of postwar pacifism.

Persons: Antony Blinken, Defence Lloyd Austin, Yoko Kamikawa, Minoru Kihara, Kihara, Shin Won, Austin, Fumio Kishida, Joe Biden, Biden, Blinken, Wang Yi Organizations: U.S, Defence, Japanese, Austin, South Korean, Forces Japan, Joint Force Headquarters, U.S ., Defense Industrial Cooperation, Sustainment Locations: Tokyo, Japan, United States, Washington, China, North Korea, United, Asia, U.S, Ukraine, Blinken, Austin, Philippines, Laos

☆ Blinken chides Beijing's 'escalating actions' at sea, concerned over Taiwan
▼ + stars: | 2024-07-28 | by ( ) www.cnbc.com time to read: +3 min

U.S. Secretary of State Antony Blinken criticised Beijing's "escalating and unlawful actions" in the South China Sea at a summit on Saturday, while his Russian counterpart said Washington has stoked anxiety with its plan for a nuclear deterrence with ally Seoul for the Korean peninsula. Blinken singled out China over its coast guard's hostile actions against U.S. defense treaty ally the Philippines in the South China Sea. The Philippines' small troop presence on a grounded former U.S. navy ship at the Second Thomas Shoal has angered China for years. Blinken discussed Taiwan with Wang and concerns about Beijing's recent "provocative actions", included a simulated blockade during the inauguration of Taiwan President Lai Ching-te, a senior U.S. State Department official said. Wang told Blinken that although communications had been maintained between China and the United States, Washington had not stopped its containment and suppression of Beijing and had even intensified it.

Persons: Antony Blinken, Wang Yi, Beijing's, Blinken, Thomas Shoal, Wang, Lai Ching Organizations: China's, 57th Association of Southeast Asian Nations, Washington, Seoul, U.S, ASEAN Regional Forum, EU, Association of Southeast Asian Nations, ASEAN, Foreign, Taiwan, U.S . State Department Locations: Vientiane, South, China, Philippines, South China, Manila, Russia, India, Australia, Japan, Gaza, Ukraine, North, U.S, Laos, Beijing, Taiwan, United States, Washington

☆ RIMPAC: US Air Force B-2 bomber used in exercise to sink surface ship with low-cost bomb
▼ + stars: | 2024-07-27 | by ( Brad Lendon | ) edition.cnn.com time to read: +9 min

Earlier this month, the US and allies practiced taking out a large surface ship with long-range weapons, including, for the first time, a US Air Force B-2 bomber. It showed the US military can use one of its most survivable weapons platforms, the B-2 Spirit stealth bomber, to sink a major surface ship with a low-cost guided bomb. The Air Force says its stealthy characteristics allow it to penetrate heavily defended areas and also fly with a small chance of being detected by radar at high altitudes. Mating it up with relatively cheap and demonstrably effective precision-guided bombs with warheads of up to 2,000 pounds could give the Air Force bombers the “anti-ship lethality” of a submarine-launched torpedo without the liabilities of a submarine, according to a US Air Force website. The Air Force first tested QUICKSINK in 2022, when an F-15 fighter jet released a GBU-31 Joint Direct Attack Munition (JDAM) that destroyed a full-scale surface target in the Gulf of Mexico, according to an Air Force statement.

Persons: ”, Seleena Muhammad, QUICKSINK, Carl Schuster, ” Schuster, Jon Husman, Alessio Patalano, Mark Hammond, Australia’s, “, LSIS Daniel Goodman, USS Fitzgerald, John Wade, RIMPAC, John Bradford, ” Bradford, Zhongping Organizations: South Korea CNN, US Air Force, US, Air Force, Munitions, Royal Air Force, U.S . Air Force, Navy, Air Force Research, Liberation Army Navy, PLAN, US Pacific Command Joint Intelligence Center, U.S . Navy, King’s College, US Navy, Ship, 3rd Fleet, Royal Australian Navy, Naval, Australia, Royal Australian, Kongsberg Defence & Aerospace, US Navy destroyer, US Marine Corps, Task Force, Foreign Relations International Affairs, Times, PLA Navy, Global Times, ” Global Times Locations: Seoul, South Korea, Kauai, China, Tarawa, England, U.S, Gulf of Mexico, Pacific, Taiwan, Philippines, Japan, London, Oahu, Hawaii, Norwegian, USS Dubuque, ‘, Malaysia, Netherlands, China China, Asia, Taiwan Strait, South China

☆ Blinken meets China’s top diplomat in Laos as global giants keep communication lines open
▼ + stars: | 2024-07-27 | by ( Nectar Gan | Kylie Atwood | ) edition.cnn.com time to read: +6 min

Russia’s invasion of Ukraine, as well as China’s increasingly assertive moves in the South China Sea and threats toward Taiwan, have in recent years soured the Washington-Beijing relationship. In contrast, both Putin and Russia’s top diplomat Sergei Lavrov have been greeted in Beijing multiple times since the invasion. against a backdrop of increasingly violent clashes between Manila and Beijing in the South China Sea. “We are pleased to take note of the successful resupply today of the Second Thomas Shoal, which is the product of an agreement reached between the Philippines and China,” Blinken said. His running mate JD Vance has advocated halting military aid to Ukraine in favor of focusing on Taiwan’s defense.

Persons: Antony Blinken, Blinken, Wang Yi, Joe Biden’s, China’s, Xi Jinping’s, Russia’s Vladimir Putin, Wang, Dmytro Kuleba, Beijing “, ”, Putin, Sergei Lavrov, Kuleba, Lavrov, Russia …, “, ” Lavrov, Ferdinand Marcos Jnr, Beijing’s, Shoal, Thomas, ” Blinken, Biden, Donald Trump, JD Vance, Kamala Harris Organizations: Hong Kong CNN, United, Foreign, ASEAN, Laos –, North American Aerospace Defense Command, NATO, Ukraine, European Union, Ukrainian Foreign, South China, Republican, Democratic Locations: Hong Kong, China, Laos, Asia, Vietnam, Japan, Philippines, Singapore, Mongolia, Ukraine, South, Taiwan, Washington, Beijing, Alaska, Russia, Moscow, Russia’s, Southeast Asia, South Korea, Manila, South China

☆ A naval chief described purposefully wrecking a ship to mess with China
▼ + stars: | 2024-07-26 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +1 min

A Philippines naval chief described an audacious anti-China mission from 1999. Vice Adm. Eduardo Santos intentionally grounded a ship to create an obstacle in the South China Sea. China claims the vast sea as its own territory, a claim fiercely disputed by its neighbors and the West. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The rusting WWII-era vessel, BRP Sierra Madre, is still there in the South China Sea.

Persons: Adm, Eduardo Santos, —, Thomas Organizations: Service, Philippine, Business Locations: China, South China, Sierra Madre, Philippines

☆ Philippines battles to contain oil spill as tanker sinks, leaving one dead
▼ + stars: | 2024-07-25 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

A tanker carrying 1.4 million liters of industrial fuel capsized off the coast of Philippines, leading to one casualty and a vast oil spill, local authorities said Thursday. The vessel had departed Limay and was bound for fellow Philippines' port of Iloilo, according to data from MarineTraffic.com. The Coast Guard said it is now addressing the oil spill and intends to finish siphoning the fuel from the sunken tanker to prevent further spreading within seven days. The Philippine Coast Guard Aviation Command separately alerted that it had deployed air assets on a search-and-rescue mission to the sunken tanker. The Philippines-flagged tanker MT Princess Empress suffered engine troubles in rough seas and sank with its load of 800,000 litres of industrial fuel oil off the central Oriental Mindoro province.

Persons: Armando Balilo, Gavan, Balilo, Gaemi, Carina —, Bongbong Marcos Organizations: country's Cost Guard, Authorities, Coast Guard, Philippine Coast Guard Aviation Command, Metro Manila Council, Philippines, Bataan, Terra Nova Locations: Philippines, Philippine, Limay, Bataan, Iloilo, Manila, Taiwan, Mindoro

☆ Typhoon Gaemi (Carina): Thousands stranded by floods in Philippine capital as deadly typhoon prompts calls for climate action
▼ + stars: | 2024-07-25 | by ( Helen Regan | Kathleen Magramo | ) edition.cnn.com time to read: +9 min

CNN —Much of the Philippine capital remained underwater Thursday after deadly Typhoon Gaemi worsened torrential monsoon rains that lashed the country, trapping thousands of people in rising flood waters and causing widespread damage. Lisa Marie David/ReutersA road is seen flooded caused by Typhoon Gaemi and monsoon rains on July 24, 2024 in Quezon city, Metro Manila, Philippines. Ezra Acayan/Getty ImagesRescuers evacuate residents from their flooded homes on July 24, 2024 in Quezon city, Metro Manila, Philippines. An aerial view shows Xindian river's rising water level at New Taipei City as typhoon Gaemi passes Taiwan on July 25, 2024. Residents wade a flooded road caused by Typhoon Gaemi and monsoon rains on July 24, 2024 in Marikina, Metro Manila, Philippines.

Persons: Carina –, Gaemi, Typhoon Gaemi, Lisa Marie David, Ezra Acayan, “, Hsiao Huan, Sam Yeh, Armando Balilo, Vico Sotto, Ferdinand Marcos Jr, Rai, Odette –, Haiyan, Marcos, ” Marcos, Khevin Yu Organizations: CNN, Metro Manila, Philippine News Agency, Rescuers, Reuters, Central Emergency Operations Center, National Fire Agency, New, Getty, Philippine Coast Guard, PCG, CNN “, Philippine, Super, Greenpeace Locations: Philippine, Philippines, Taiwan, Manila, Luzon, Metro, Marikina City, Metro Manila, Quezon city, Taiwan’s, Tanzanian, Kaohsiung, China, Fujian, New Taipei City, AFP, Bataan, Quezon City, Pasig City, Marikina, –, Pasig, Asia’s, Greenpeace Philippines

Typhoon Gaemi was weakening as it churned toward mainland China on Thursday, hours after the storm’s powerful winds and heavy rains submerged roads and forced the suspension of hundreds of flights in nearby Taiwan. The tropical cyclone made landfall on Taiwan on Wednesday night with wind speeds equivalent to those of a Category 3 hurricane in the Atlantic Ocean, according to the Joint Typhoon Warning Center, a U.S. Navy forecasting organization. As of Thursday the storm had killed at least six people in Taiwan and the Philippines. Gaemi was moving across the Taiwan Strait early Thursday afternoon. It was expected to make landfall in the southeastern Chinese province of Fujian in the late afternoon or evening with the force of a Category 1 hurricane.

Persons: Gaemi Organizations: Typhoon, U.S . Navy Locations: China, Taiwan, U.S, Philippines, Taiwan Strait, Chinese, Fujian

☆ The U.S. Must Stand Up to Beijing in the South China Sea - The New York Times
▼ + stars: | 2024-07-25 | by ( Oriana Skylar Mastro | ) www.nytimes.com time to read: +1 min

Over the past 15 years, China has expanded its once-minimal military presence in the South China Sea into a significant one. China has used nonmilitary assets such as its Coast Guard, fishing vessels and maritime militia to bully its neighbors, blockade their ships and build Chinese military bases on disputed islands. Like any unchallenged bully, China has become increasingly aggressive. Last month, Chinese Coast Guard personnel attacked a Philippine supply vessel with axes and other crude weapons — Manila says a Filipino sailor and several others were injured — in one of the worst acts of violence between China and its rivals in the South China Sea in years. The shoal lies about 120 miles off the Philippine island of Palawan and is well within the nation’s exclusive economic zone.

Persons: —, Shoal Organizations: Coast Guard Locations: China, South, Beijing, America, United States, Philippine, Manila, Filipino, Sierra Madre, Philippines, Palawan

Typhoon Gaemi is expected to strengthen into a super typhoon before making landfall on Taiwan’s northeastern coast Wednesday evening. Heavy rain hit Taiwan ahead of the storm’s landfall on Wednesday, with the island’s mountainous areas already reporting rainfall approaching 200 millimeters (8 inches). Typhoon Gaemi is strengthening in Pacific waters that have been at their warmest temperatures on record. Images show roads and streets in Manila flooded by rains brought by Typhoon Gaemi, as people wade through knee-deep water. Torrential rainfall hit southern, central and eastern parts of the country and led to major emergency response efforts in a flood season that has started some two months ahead of its typical schedule.

Persons: Gaemi, Han, Sun Li, fiang, Typhoon Gaemi, Ferdinand Marcos Jr, – Organizations: Taiwan CNN, Typhoon Warning, Central Meteorological Agency, CMA, Taiwan Railways, China Airlines, Starlux Airlines, Philippine Stock Exchange, Taiwan Locations: Taipei, Taiwan, Fujian, Hualien county, chipmaking, Hsinchu, Kaohsiung, China, Hualien ., Philippines, Manila, Luzon, Philippine, Zhejiang, Jiangxi, Henan, Shanxi, Hebei

☆ Opinion: China’s ‘monster’ ship is a sign of a much bigger problem
▼ + stars: | 2024-07-24 | by ( Opinion Richard Timme | ) edition.cnn.com time to read: +9 min

Editor’s Note: Rear Adm. Richard Timme retired from the US Coast Guard after 32 years of service. For the antithesis of this ethos, look directly at the China Coast Guard. It’s an homage, intended or not, to the nobility of purpose embodied in our coast guard. That is why I find the conduct of the China Coast Guard so jarring and disconcerting — such as attacking and destroying a Philippine resupply mission. Video Ad Feedback Shocking scenes as Filipino boats are targeted by the Chinese coast guard 03:04 - Source: CNNInstead of guarding, protecting, defending and saving, as a coast guard should do, the China Coast Guard is attacking, intimidating, violating and threatening its neighbors in the region.

Persons: Richard Timme, “ Gray, Adm, Samuel Paparo, Guard Cutter Healy, ’ EEZs, who’s Organizations: US Coast Guard, CNN, China Coast Guard, Guard, Navy, Mellon, Pacific, Center for Strategic, International Studies, CSIS, United Nations Convention, US Navy, Pacific Command, Arctic Council, Security, Polar, US, Coast Guard Locations: Philippine, China, Philippines, South, US, Richard Timme China, South China, People’s Republic, United States, Japan

☆ A 'peak boomer' working in Germany plans to retire in the US because he believes the healthcare is better
▼ + stars: | 2024-07-24 | by ( John Towfighi | ) www.businessinsider.com time to read: +6 min

Read previewAfter a decade of working abroad, George said he'll return to the US to retire. While he said the healthcare system is great on average, it's becoming more difficult to manage the bureaucracy of insurance filings as an American abroad. "You can pretty much get anywhere by train or bus within Germany," George said. Before he retires to the US, he said he'll try to appreciate all the perks of living abroad. Are you an American living or working abroad and considering retiring in the US?

Persons: —, George, he'll, George hasn't, he's, Munich George Organizations: Service, Alliance, Lifetime, Income, Social Security, Business Locations: American, Munich, Seattle, Medicare, Germany, Philippines, America, Europe, Saudi Arabia, Italy, Ukraine, New York, Chicago, Mallorca, Sicily, Dubai

☆ Philippines bans gambling operations catered to illicit Chinese players
▼ + stars: | 2024-07-23 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +4 min

CNN —The Philippines has announced plans to ban offshore gaming operators, targeting an industry that mostly caters to Chinese gamblers and has sparked growing alarm from law enforcement over its alleged connections to organized crime. Known locally as POGOs, Philippine Offshore Gaming Operators have spawned across the country, both licensed and illicit, employing tens of thousands of Chinese and foreign nationals. Ezra Acayan/Getty ImagesThere are 46 licensed offshore gaming operators and dozens more illicit gambling hubs in the Philippines, according to the country’s gaming regulator, which Marcos has ordered to close by the end of the year. Since then, the Philippines has become a major hub for online gaming catering to tens of thousands of players based in China. “Even if overseas casinos are legally opened, cross-border gambling by Chinese citizens is suspected of violating the laws of our country,” the embassy said in a statement.

Persons: Ferdinand Marcos Jr, ” Marcos, Marcos, Ezra Acayan, Marcos ’, Rodrigo Duterte Organizations: CNN, Philippine Offshore Gaming, Macao –, Philippine News Agency Locations: Philippines, Philippine, Manila, Beijing, South China, China, Macao, Southeast Asia, United States, China’s, Singapore

☆ Tracking Typhoon Gaemi
▼ + stars: | 2024-07-23 | by ( ) www.nytimes.com time to read: 1 min

Tracking Typhoon GaemiGaemi was a typhoon in the Philippine Sea Wednesday afternoon Taiwan time, the Joint Typhoon Warning Center said in its latest advisory. The typhoon had sustained wind speeds of 138 miles per hour, which would make it a Category 4 hurricane if it were in the Atlantic Ocean. Typhoon season is year-round; however, most typhoons form from early July through mid-December. Most typhoons scrape or strike places like the Philippines, Japan and Taiwan; they can also hit the Korean Peninsula, China and Vietnam, bringing damaging winds and storm surges. Typhoons have also hit U.S. territories, causing billions of dollars in devastating damage to places like Guam, which was battered by Super Typhoon Mawar in May last year.

Persons: Gaemi Gaemi, Mawar Organizations: Taiwan, Typhoon, Super Locations: Philippine, Taiwan, Philippines, Japan, China, Vietnam, Guam

☆ China and Philippines already at odds over South China Sea deal to ease Second Thomas Shoal tensions
▼ + stars: | 2024-07-23 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +7 min

The dilapidated BRP Sierra Madre ship of the Philippine Navy is anchored near Second Thomas Shoal in the Spratly group of islands in the South China Sea. Beijing claims “indisputable sovereignty” over almost all of the 1.3 million-square-mile South China Sea, and most of the islands and sandbars within it, including many features that are hundreds of miles from mainland China. Under President Ferdinand “Bongbong” Marcos Jr, the Philippines has taken increasingly assertive steps to protect its claim to shoals in the South China Sea, leading to several confrontations off the Philippine islands. The US is not a claimant to the South China Sea, but says the waters are crucial to its national interest of guaranteeing free passage through seas worldwide. A close up view taken on March 29, 2014 of the BRP Sierra Madre beached near the Second Thomas Shoal, part of the Spratly Islands in the South China Sea.

Persons: Hong Kong CNN —, Shoal, Ren’ai Jiao, ”, Mao Ning, pushback, Ritchie, Ferdinand “ Bongbong ” Marcos Jr, Marcos, Jake Sullivan, ” Sullivan, Thomas Shoal, Erik de Castro, Gregory Poling, “, ” Derek Grossman Organizations: Hong Kong CNN, BRP Sierra Madre, Foreign Ministry, The Philippine Department of Foreign Affairs, BRP, Philippine Navy, coastguard, US Navy, Aspen Security, US National, Reuters, Transparency Initiative, RAND Corporation Locations: Hong Kong, South, Manila, Beijing, Philippine, Spratly, Philippines, China, Palawan, Madre, South China, Second, The Philippines, Malaysia, Vietnam, Brunei, Taiwan, The Hague, Scarborough, BRP Sierra Madre, Washington, United States, Sierra Madre, BRP Sierra, Asia

☆ How Venezuela’s election could upend the geopolitics of the Americas
▼ + stars: | 2024-07-23 | by ( Stefano Pozzebon | ) edition.cnn.com time to read: +6 min

Caracas CNN —It would be easy to dismiss this Sunday’s presidential election in Venezuela as a fait accompli. The opposition campaign has re-energized its bases, and the candidature of Edmundo González has attracted widespread support in Venezuela and abroad. A chance to rebuild Venezuela’s economic power“On the ballot is how long it’ll take to fix Venezuela’s economy,” said Asdrubal Oliveros, founder of Caracas firm Ecoanalitica, in his weekly podcast on July 8. Once the fifth-largest economy in Latin America, today Venezuela’s economy has shrunk to the equivalent of a medium-sized city, smaller than say, Milwaukee, according to data from the IMF. As Venezuela’s economy has crumbled, around eight million Venezuelans have already fled their country, many of them scattered across South America.

Persons: Nicolas Maduro, ”, –, Laboratorio de Paz, Edmundo González, Asdrubal Oliveros, Andres, Maduro, Edmundo Gonzalez, Maria Corina Machado, Gabriela Oraa, Gonzalez, Consultores, Putin, Xi Jinping, who’s, “, Donald Trump Organizations: Caracas CNN —, Laboratorio, IMF, Andres Bello Catholic University, Central University of Venezuela, of American, World Bank, Inter, American Development Bank, Supreme, CNN Locations: Caracas, Venezuela, Ecoanalitica, Latin America, Milwaukee, AFP, United States, Americas, South America, Venezuelan, America, China, Iran, Russia, Miami, Cuba, Maduro, of American States, Mercosur, Algiers, Brussels, Buenos Aires, Spanish, Washington, Brexit, neofascism, Europe, India, Turkey, Philippines

☆ Election Live Updates: Republicans Leave Convention Unified Around Trump
▼ + stars: | 2024-07-19 | by ( Jim Rutenberg | Adam Nagourney | ) www.nytimes.com time to read: +74 min

And there was great, great sorrow. They’re going to be OK. They’re going to be doing very well. Now he’s going to get on the plane in a little while and he’s going to go back home to his wife. Great, great student at Yale. So many — just so many heroes, so many great, great people.

Persons: Dana, Bob, ”, Lee, you’ll, it’s, didn’t, Nobody, “, I’m, Corey Comperatore, David Dutch, James Copenhaver, We’re, Corey, Helen ., David, James, Dan Newlin, Dan, Trump, —, Aileen Cannon, I’ve, Don, Kimberly, Ivanka, Jared, Eric, Lara, Tiffany, Michael, Barron, he’s, “ Dana won’t, That’s Lee Greenwood, … Eric, Crazy Nancy Pelosi, They’ve, Jason, Jason Aldean, Vance, Usha, He’s, He’ll, MAGA, ” MAGA, I’ll, you’re, nobody’s, We’ve, Somebody’s, they’re, It’s, can’t, We’ll, don’t, “ I’m, we’ll, Biden, They’re, that’s, you’ve, I’d, gee, You’d, That’s what’s, Donald Trump, That’s, There’s, Tom Homan, Brandon Judd, They’ll, Obama, They’d, “ You’ve, we’re, we’ve, Hannibal Lecter, Dwight D, Eisenhower, Jocelyn Nungaray, Rachel Morin, Rachel, Laken Riley, horrifically, Viktor Orban, what’s, Bush, it’ll, Kim Jung Un, Sam Brown, Sam, You’ve, Abdul, Don’t, You’re, Ronald Reagan, America’s, Franklin Graham, Franklin, Billy Graham, he’d, soldiered Organizations: of Pennsylvania, Secret Service, Service, Democrat, Republican Party, Republican, Democrats, America, Yale, ISIS, Space Force, Energy, Apple, Trump, Republican Senate, White, Republicans, United Auto Workers, Social Security, Border Patrol, ICE, ”, Lambs, University of Georgia, “, U.S, Senate, Washington, D.C, Yankee, Win Locations: America, United States, Butler Township, of, Pennsylvania, Florida, Ohio, Milwaukee, Wisconsin, Asia, Europe, Taiwan, Korea, Philippines, China, Russia, Ukraine, Israel, Iran, Germany, Mexico, Nevada, United States of America, There’s, South America, Africa, Middle East, Venezuela, Caracas, El Salvador, Houston, Los Angeles, Maryland, Hungary, “ Russia, Georgia, Crimea, Syria, Iraq, North Korea, Afghanistan, Bagram, Cuba, Miami, U.S.A, Wisconsin , Wisconsin, Washington, Japan, Delaware, Valley Forge, Yorktown, Gettysburg, Midway

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