Documentary products such as guarantees, letters of credit and supply chain finance are the “core solutions that the lender expect to see continued demand for” from Chinese corporates ANALYSIS | FELIX THOMPSON | Pan-African lender Absa Bank is anticipating a significant rise in trade finance revenues on goods flows linking China …
Read More »Palestinian death toll in Gaza rises to 32,916
GAZA | Xinhua | The Health Ministry in Gaza announced on Tuesday that the death toll from ongoing Israeli attacks on the Gaza Strip has risen to 32,916. In a press statement sent to Xinhua, the ministry said that the Israeli army killed 71 Palestinians and wounded 102 others during …
Read More »The Hitler trial’s lessons in the Trump era
COMMENT | MARK JONES | On April 1, 1924, Adolf Hitler should have been terrified. Four and a half months earlier, the Nazi leader had led a failed coup d’état in Munich, the Bavarian capital. Inspired by the Italian Fascist Benito Mussolini, Hitler had planned to march his supporters on to …
Read More »Turkey’s opposition takes election lead in key cities
ANKARA | Xinhua | Türkiye’s main opposition, the Republican People’s Party (CHP), led in local elections in key cities, including the country’s largest city Istanbul and the capital Ankara, on Sunday, with over 51 percent of the votes, local NTV broadcaster reported, citing initial results. Turkish Supreme Election Council Chairman …
Read More »Guyanese president rebuts BBC journalist’s climate change lecture
MEXICO CITY | Xinhua | In a clip of interview released on Friday, Guyanese President Irfaan Ali exposed what he said is the hypocrisy of BBC and western countries against developing countries over the issue of climate change. “Are you and your system in the pockets of those who destroyed …
Read More »What, if anything, has U.S. gained from its trade war with China?
BEIJING, CHINA | Xinhua | Though clashing in many ways, the current U.S. administration and its Republican predecessor have one thing in common: the trade war against China. As recently as February, U.S. utility company Duke Energy, under pressure from Congress, reportedly planned to remove Chinese battery giant CATL from …
Read More »CHRIS PATTEN: China tightens its grip on Hong Kong
COMMENT | CHRIS PATTEN | A few weeks ago, I was invited by several churches in and around Oxford to participate in a full-day meeting they had organized to welcome Hong Kong émigrés and their families to the area. Nearly all attendees were beneficiaries of the visa scheme introduced by the …
Read More »U.S. media: U.S. quietly signs off more bombs, fighter jets for Israel
WASHINGTON, U.S | Xinhua | The U.S. government has authorized the transfer of billions of U.S. dollars worth of bombs and fighter jets to Israel, despite an increasing rift between the White House and Netanyahu’s government over a potential ground operation by the Israeli military in Rafah, according to U.S. …
Read More »How rainy Tokyo tackles floods by building a “city” below the city
TOKYO, Japan | Xinhua | RyuQkan is roughly a 30-minute walk from the Minami-sakurai railway station in Japan’s eastern Saitama Prefecture. It is a museum, which introduces the Metropolitan Outer Area Underground Discharge Channel, one of the world’s largest underground flood diversion systems. A stair with more than 110 steps leads …
Read More »UN: Israeli bombardment hits 212 schools in Gaza
UNITED NATIONS | Xinhua | The heavy bombardment against Gaza by Israel has resulted in “direct hits” on 212 schools within the enclave, according to analysis partnered with the United Nations released on Wednesday. Satellite images have shown that at least 53 schools have been “completely destroyed” since the conflict …
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