Author: i2wtc
SINGAPORE — After his first meeting with U.S. Defense Secretary Lloyd Austin, China’s new defence minister paused in an outdoor corridor to wipe the fog from his glasses.Standing near the reporters, Admiral Dong Jun smiled and explained to a member of the U.S. delegation what he thought were the best places to see pandas in China. It was diplomacy in action.Two days later, Don’s tone changed.Tung delivered a stern and sometimes fiery speech on the final day of the Shangri-La Dialogue, a defense summit bringing together government officials from across the region in Singapore, in which he warned that anyone…
While it was difficult for USA Gymnastics to select its four-person women’s team for the 2021 Tokyo Olympics, selecting participants for the 2024 Paris Olympics may be even tougher.Why? The U.S. brought six gymnasts to the Tokyo Games: four team members and two individuals. This year they might only bring five, but all of them will compete in team competitions.This has two benefits for the U.S. team. First, it gives them more flexibility in team play. every Members need to be good all-around players — in other words, Team USA has room for one specialist if any area needs strengthening.At…
It’s easy to understand why investors are attracted to unprofitable companies — for example, Salesforce.com, the software-as-a-service company that lost money for years while its recurring revenue grew, would certainly have made a big profit if you held its shares since 2005. But the harsh reality is that many loss-making companies burn through cash and go bankrupt.Considering this risk, we Solid Bioscience (NASDAQ:SLDB) shareholders should be concerned about the company’s cash burn. For the purposes of this article, we define cash burn as annual (negative) free cash flow, which is the amount a company spends each year to fund growth.…
Article informationauthor, Paul Seddonrole, Political reporter2 June 2024 14:50 BSTUpdated 1 hour agoThe Green Party co-leader told the BBC that finding alternative ways of measuring economic success could help build a fairer society.The party has long argued that economic growth leads to resource overuse and should not be the government’s default goal.Adrian Ramsay said relying on gross domestic product (GDP) to judge the state of the economy was a “blunt instrument”.He added that decisions about what policies to pursue should reflect the “broader economic measures.” This contrasts with other parties, which often tout plans to promote economic growth during election…
SINGAPORE — U.S. and Chinese defense leaders this weekend laid out competing visions for a modern security order in the Indo-Pacific, with the U.S. side defending Washington’s expanding network of security partnerships while Chinese officials promoted their own alliances and portrayed the U.S. as a foreign aggressor meddling in Asian affairs.Defense Secretary Lloyd Austin and his Chinese counterpart Dong Jun each spoke at the Shangri-La Dialogue, an annual international security forum in Singapore that’s one of the few times the two rival military leaders can socialize over panels, dinners and cocktail hours at luxury hotels. Austin and Dong also met…
Former President Donald Trump said Sunday that being sentenced to house arrest or prison would be a “breaking point” for the nation after he was found guilty of all charges in last week’s hush money trial.In a clip from the 90-minute interview that aired Sunday on “Fox & Friends Weekend,” Trump was asked about the possibility that Judge Juan Marchand, who is presiding over the case, might impose a house arrest or prison sentence. Trump is scheduled to be sentenced on all 34 felony charges in New York on July 11, just days before the Republican National Convention.”That’s OK,” Trump,…
At least two soldiers are stationed on a Philippine warship that is stranded on a disputed reef in the South China Sea.South China Sea A China Coast Guard patrol boat was fired upon last month, state broadcaster CCTV said.A post on Sunday by China Central Television station CCTV’s “Frontline” social media account said the incident happened near Second Thomas Shoal, which has been the center of a number of clashes in recent months.The post said that on May 19, Manila conducted an airdrop of supplies to the “illegally stranded” Sierra Madre island, and that the Chinese side “responded in accordance…
Companies have become more cautious about politics this year, even as some billionaire CEOs have become more vocal in their criticism of politics.The rift could widen further with Donald Trump being convicted of falsifying business records.Consider how the 2024 election will play out inside Elon Musk’s company.The billionaire made more than two dozen posts on social media in the hours after Trump’s sentencing, with the Tesla (TSLA) CEO calling the sentence politically motivated and accusing prosecutors of ignoring more serious crimes that have taken place elsewhere in New York state.”If a former president can be convicted on such a trivial…
SPOILER ALERT! The following story contains major plot details about the series finale of “Eric” (now streaming on Netflix).Benedict Cumberbatch is a monster of a man.In the Netflix series Eric, the two-time Oscar nominee plays Vincent Anderson, a violent alcoholic who helps run Good Day Sunshine, a Sesame Street-esque children’s TV show set in 1980s New York. At home, Vincent is a terror to his wife, Cathy (Gaby Hoffmann), and their nine-year-old son, Edgar (Ivan Howe), who goes missing one day on his way to school. This sends Vincent spiraling downward, leading him to go on a drug-addled quest into…
According to Chan, there have been six similar incidents in Hong Kong so far this year, causing damages of more than HK$8 million (US$1 million).The emergence of recovery scams has contributed to the rise in online fraud cases in the city.Police data showed that there were 7,596 technology crime cases from January to March this year, up 3.2% from 7,361 cases in the same period last year. Total losses in the first quarter soared to HK$1.62 billion, a staggering 94.2% increase from HK$830 million in the same period last year.The force took down 8,077 fake websites and Facebook pages during…