WASHINGTON | Xinhua | Two U.S. Navy destroyers have passed through the Strait of Hormuz and entered the Gulf after navigating an Iranian barrage, U.S. media outlet CBS News reported on Monday night. The USS Truxtun and USS Mason, supported by Apache helicopters and other aircraft, faced a series of …
Read More »Strait of Hormuz standoff shows everything is about leverage
For Iran, the Strait of Hormuz has been a valuable geopolitical asset, and its strong negotiating position demonstrates a classic principle of game theory COMMENT | RENAUD FOUCART | Iran’s military might was never going to be a match for the US and Israel. So instead it turned to the highly …
Read More »How King Charles charmed the US
The king’s speech pushed in interesting ways at the boundaries of what a British monarch might be expected to have said in Trump’s America COMMENT | PHILIP MURPHY | King Charles’s recent speech to the US Congress – only the second such address by a British monarch – …
Read More »Middle East military sites damaged in war with Iran: report
WASHINGTON | Xinhua | Iran and its allies have damaged at least 16 U.S. military sites across eight Middle Eastern countries during the U.S.-Israeli war with Iran starting on Feb. 28, rendering some of those positions virtually unusable, a CNN investigation has found. The damaged facilities constitute the majority of …
Read More »LABOUR DAY: Advancing Chinese modernization with hard work, perseverance
BEIJING | Xinhua | At the Ningbo-Zhoushan Port in East China, national model worker and veteran crane operator Zhu Shijie is working with electrical control engineers to advance the smart, standardized operation of remotely controlled gantry cranes. Recognized with one of China’s highest honors for workers for his spirit of …
Read More »The age of global un-order
As crises become more complex, less predictable, and increasingly intertwined, the global system is no longer anchored by shared rules and norms COMMENT | MARK LEONARD | The US-Israeli strike that killed Iran’s supreme leader, Ayatollah Ali Khamenei, and launched the United States’ most consequential Middle Eastern adventure since …
Read More »How China effectively aligns industrial upgrade with consumption boost
BEIJING | Xinhua | Benign interaction between demand and supply is the key driver of economic development. To promote this positive interplay, China has written into the 15th Five-Year Plan (2026-2030) the need to foster virtuous interaction between consumption and investment, as well as between supply and demand, so as …
Read More »From tankers to gas tanks – Hormuz tensions rattle global energy markets
“This fossil fuel crisis will happen again and again,” said UN Climate Change Executive Secretary Simon Stiell. “Sunlight does not depend on narrow and vulnerable shipping straits. Wind blows without massive taxpayer-funded naval escorts.” LONDON | GAO WENCHENG – Xinhua | As Tuesday marks two months since the United …
Read More »Sentence for former S. Korean president Yoon increased to 7 years on appeal for obstruction of arrest
SEOUL | Xinhua | The sentence for former South Korean President Yoon Suk-yeol was increased to seven years on Wednesday on appeal for obstruction of arrest, according to the rule of the Seoul High Court. The court overturned the lower court’s ruling, lengthening Yoon’s prison term from five to seven …
Read More »What to know about UAE exit from OPEC, OPEC+
CAIRO | Xinhua | The United Arab Emirates (UAE) on Tuesday announced its decision to quit the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance, effective on May 1, following “a careful look at the regional power’s energy strategies.” Why is the UAE leaving one of …
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