NEW DELHI (Reuters) – United States Secretary of State Mike Pompeo urged India on Wednesday to focus on national supply chains and reduce its dependence on China for telecommunications and medical supplies as Washington ties with Beijing they deteriorate dramatically. United States Secretary of State Mike Pompeo is seen during …
Read More »The United States orders China to close the Houston consulate in a move that China calls ‘unprecedented escalation’
BEIJING / WASHINGTON (Reuters) – The United States told China to close its consulate in Houston, the two countries said on Wednesday, further deteriorating bilateral relations, and a source said Beijing was considering closing the US consulate in Wuhan in reprisal. Fire trucks are seen outside the Chinese consulate, where …
Read More »Chinese military threat on the rise, warns Taiwan foreign minister
TAIPEI (Reuters) – China is stepping up military readiness to overtake Taiwan, the island’s foreign minister, Joseph Wu, said Wednesday after a recent surge in Chinese exercises near the island that Beijing considers its own. Taiwan Foreign Minister Joseph Wu speaks to the media during a press conference in Taipei, …
Read More »Tensions between the United States and China affected the actions; gold and silver soar
LONDON / SINGAPORE (Reuters) – The euro traded to an 18-month high on Wednesday as financial markets continued to bask in the glow of the EU funds recovery agreement, while a boom in precious metals led to recent gains in the silver at 20% and gold at a maximum of …
Read More »Taiwan rejects permits for two Hong Kong officials as visa row increases
HONG KONG / TAIPEI (Reuters) – The Hong Kong government said Tuesday that Taiwan had rejected the visas of two of its officials, underscoring mounting bilateral tensions after Taipei criticized a security law imposed by Beijing on the financial center. The two officials from the Hong Kong Economic, Commercial and …
Read More »