FRIDAY FILES  5/4/24

HIRED PROTESTERS financetwitter

DRASTIC UPHEAVAL in PRIVATE HEALTHCARE Gunasegaram

SUSPEND PENANG MEGA PROJECTS aliran

SPANCO – BUMI or NOT DennisIgnatius

NAJIB’S HOUSE ARREST BID? freemalaysiatoday

25 years of PKR: Reformasi, multiculturalism, social justice Nik Nazmi Nik Ahmad


GEOECONOMICS


DEVELOPING COUNTRIES GOVERNMENT DEBT CRISIS ksJomo Developing countries are being blamed for having borrowed and spent irresponsibly. But they have only been doing what foreign powers and financial interests have urged them to do.


CENTRAL BANK INDEPENDENCE as CLASS WAR STRATEGY counterfire

US Treasury Secretary Yellen will visit China from April 3-9 to meet with Premier Li, Vice Premier He Lifeng and former Vice Premier Liu He, and she will among other things underscore the “global economic consequences of Chinese industrial overcapacity” which Xinhua commented that “while it is just basic economics that surplus products naturally seek out markets elsewhere once domestic demand is met, and Western nations have been doing that for centuries, when it comes to China, it becomes an “overcapacity problem” threatening the world…This new variant of “China threat” theory is just a pretext for certain Western countries to poison the environment for China’s domestic development and international cooperation and take more protectionist measures for their own industries”.


The Atlantic Council and Rhodium Group have reported on how the PRC may respond to US and G7 sanctions in the event of a crisis over Taiwan.

That PRC financial regulatory bodies – SAFE and the PBoC – have plans on how they would respond to an impending crisis over Taiwan. Also, PRC firms are being told to reduce their financial exposures in overseas jurisdictions that could move to seize assets, and they have a good roadmap for that given the seizures of Russian assets after the invasion of Ukraine; read  Counter Sanction Strategies that China Can Learn from Russia, Ding Yifan.


USD : CREATES PROBLEMS and OPPORTUNITIES asia sentinel


BANKS WOULDN’T SAVE NUCLEAR POWER, and The US government has already pledged US$2 billion to Bill Gates for his proliferation-friendly liquid sodium-cooled molten salt fast reactor produced by his company, TerraPower (more properly, TerrorPower). Gates can’t wait to export it to the United Arab Emirates……..


US WORKERS BAILOUT INTEL liberation news when the company reported a gross profit of $27.71 billion for the year 2023 on $54.23 billion in revenue yet the U.S. government is set to give Intel an $8.5 billion grant, in addition to up to $11 billion in loans and additional tax credits……


GEOPOLITICS


UNJUST WARS and a Just Peace walden bello only the development of political, diplomatic, and military counterpower that can restrain the US hegemon. This is the lesson that national liberation wars in Algeria and Vietnam taught the world. This is the lesson that the Palestinian resistance today teaches us.


President Xi Jinping Speaks with U.S. President Joe Biden on the Phone fmprc It states Xi “noted…the China-U.S. relationship is beginning to stabilize, and this is welcomed by both societies and the international community. On the other hand, the negative factors of the relationship have also been growing, and this requires attention from both sides.”

Further readings: The Diplomat; The Strategist; Penn Law Journal


What’s next for China-Australia relations?

China and Australia at a meeting table for diplomatic discussions and negotiations.

with CGTN Radio host Liu Kun interviews Ambassador Tony Kevin, Ambassador Geoff Raby and Dr. Zhao Hai on Chinese Foreign Minister Wang Yi’s recent trip to Australia and broader China-Australia relations.


DO WE NEED A COLD WAR WITH CHINA? counterpunch


US DELIVERED 2000-pound BOMBS to ISRAEL commondreams “Arming a war criminal makes you a war criminal”. Biden administration in recent days has approved the transfer of billions of dollars worth of new weapons shipments to Israel, including warplanes and 2,000-pound bombs that have been dropped on densely populated areas of Gaza with devastating results.


Israeli plan to evacuate more than 1 million Palestinian civilians from Rafah and house them in tents nbcnews


France’s shift from a national to a global approach towards diplomatic training began before President Emmanuel Macron entered office seven years ago, but it paced under him to the point where its diplomacy is becoming unrecognizable and unbearable.

Thus, France knows better than for its Foreign Minister to demand that China condemns Russia – a faux pas goes to show how its diplomacy is changing. The Valdai Club has published an insightful piece as to why this happened: “Crafting National Interests: How Diplomatic Training Impacts Sovereignty”.


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