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Wall Street Sell-Off Exposes Financial Parasitism

The gyrations on Wall Street and global markets underscore the extreme fragility of the world financial system due to speculation and financial parasitism, which have been sustained by the pumping of cheap money from the US Federal Reserve and other central banks
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Southeast Asia: World’s Dumping Ground For Plastic Waste

HONG KONG, SAR: In the wake of China’s 2018 ban on plastics recycling, criminal organizations have been illegally shipping waste to Southeast Asia, passing through “multiple transit countries” to camouflage the origins of the shipments, according to Interpol, with “significant use of counterfeit documents and fraudulent waste registrations.” Some plastic waste reaches Asia from Italy by way of its neighbor Slovenia.
 
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China-Pakistan Belt and Road Initiative hits buffers


TOKYO, Japan--In Gwadar, a developing port town in southwest Pakistan, Adam Qadir Baksh had been hoping for a major leap forward in his automobile spare parts business since 2015, but it has not happened in the absence of the vital Chinese tailwind once promised.

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US pledges to 'step up' engagement with Southeast Asia

U.S President Joe Biden's point man on Asia is "astonished" by China's determination to play the leading role on the global stage and will "step up" its engagement in Southeast Asia to hold back such a trend. But the administration does not support Taiwan independence and understands the sensitivities involved, Indo-Pacific Coordinator Kurt Campbell said Tuesday.
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China cares for peace, not power vacuum in Kabul

As the US' withdrawal from Afghanistan continues, those in Washington opposing the military pullout are raising their voices. They have warned against the serious consequences for the region the US's "retrograde" could bring, including China, Russia and Iran filling a power vacuum in the war-torn country. 

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Resurrecting 1st Fleet: US Navy explores Indian Ocean options

China's intentions over the Taiwan Strait dominated the conversation when the U.S. Indo-Pacific Command's head Adm. Philip Davidson testified on Capitol Hill last month. But a little noticed exchange during the House Armed Services Committee hearing touched on a topic that could have wide implications on the Indo-Pacific.

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Bursa turns red before CNY, regional bourses rise

KUALA LUMPUR: Bursa Malaysia gave up early gains to close lower today, succumbing to selling pressure, and bucked the regional trend as investors turned cautious ahead of the Chinese New Year celebration at the end of this week.

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