People are leaving Hong Kong and here’s where they’re going

They stuck it out during the political protests of 2019. Then they lasted through nearly two years of pandemic. But this year, they say they’ve had enough. Residents of Hong Kong are leaving the city in droves in 2022 – not because they want to, several told CNBC, but because Covid restrictions and what they … Read more

Despite the pain at the pump, Americans are hitting the road Business and Economy News

As petrol prices continue to break records in the United States, putting a significant strain on Americans’ wallets and threatening economic growth, analysts predict that pain at the pump will cause some demand destruction in the coming months of the US summer driving season. Oil climbed to a two-month high on Thursday on signs of … Read more

Despite the pain at the pump, Americans are hitting the road Business and Economy News

As petrol prices continue to break records in the United States, putting a significant strain on Americans’ wallets and threatening economic growth, analysts predict that pain at the pump will cause some demand destruction in the coming months of the US summer driving season. Oil climbed to a two-month high on Thursday on signs of … Read more

US preparing to approve long-range rocket system for Ukraine

Washington CNN – The Biden administration is preparing to step up the kind of weaponry it is offering Ukraine by sending advanced, long-range rocket systems that are now the top request from Ukrainian officials, multiple officials say. The administration is leaning towards sending the systems as part of a larger package of military and security … Read more

Blinken says US ready to increase diplomacy with China in “this charged moment of the world”

Washington CNN – US Secretary of State Antony Blinken outlined the Biden administration’s strategy towards China, seeking to refocus attention on what he called “the most serious long-term challenge to the international order.” In a lengthy speech delivered at George Washington University Thursday, the top US diplomat outlined the administration’s approach as “invest, align, compete,” … Read more

What is the Indo-Pacific framework, who’s in it, why it matters

US President Joe Biden formally introduced the Indo-Pacific Economic Framework, or IPEF, this week during his first Asia tour, revealing Washington’s long-awaited Asia-Pacific economic strategy. It comes five years after the US unilaterally withdrew from the Trans-Pacific Partnership, a trade deal signed by 12 countries in Asia-Pacific, North America and South America. With the US … Read more

At Tokyo summit, Quad offers ‘tangible benefits’ to counter China | News

The leaders of the United States, Japan, India and Australia have launched a maritime initiative to combat illegal fishing and pledged to invest more than $ 50bn in developing infrastructure in the Indo-Pacific as part of their efforts to counter China’s growing influence in the region. . The pledges were announced on Tuesday after the … Read more

China-Taiwan conflict: What you need to know

Hong Kong CNN – US President Joe Biden’s warning the US would defend Taiwan against Chinese aggression has made headlines around the world – and put growing tensions between the small democratic island and its neighboring autocratic superpower back under the spotlight. Less than a decade ago, ties seemed to be on the mend as … Read more

In Asia, economy and security cannot be separated

Australian Prime Minister Anthony Albanese, US President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida arrive for the Quad Leaders’ Summit in Tokyo on May 24. Saul Loeb | Afp | Getty Images TOKYO – Security deals are important, but in Asia, money talks. Australia, India, Japan and the United … Read more

In Asia, economy and security cannot be separated

Australian Prime Minister Anthony Albanese, US President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida arrive for the Quad Leaders’ Summit in Tokyo on May 24. Saul Loeb | Afp | Getty Images TOKYO – Security deals are important, but in Asia, money talks. Australia, India, Japan and the United … Read more