China Is Suffering A Major Financial Crisis

Headquarters of the People’s Bank of China. AFP PHOTO / MARK RALSTON (Photo credit should read … [+] MARK RALSTON/AFP via Getty Images) AFP via Getty Images China’s financial crisis is getting worse. In this latest phase, Chinese banks, anticipating huge loan losses, have taken dramatic steps to enhance their loan loss reserves, tapping China’s … Read more

India’s words are anti-war, but New Delhi’s actions are propping up Putin’s regime

CNN — When Indian Prime Minister Narendra Modi told Vladimir Putin “today’s era is not of war” last month, the West welcomed his comments as a sign the world’s largest democracy was finally coming off the fence about Russia’s unprovoked invasion of Ukraine. French President Emmanuel Macron praised Modi and the White House praised what … Read more

Ukraine is ‘making progress’ on the battlefield thanks to the skill of soldiers and strategic use of supplied weapons, defense secretary says

CNN — Secretary of Defense Lloyd Austin said he believes Ukraine is “making progress,” in the Kherson region of the country as they continue to counter Russia’s invasion, adding there has been a “kind of change in the battlefield dynamics.” Austin attributed the change to the skill of Ukrainian soldiers and their strategic use of … Read more

Trump warns of possible World War III over Ukraine, Taiwan

Former President Donald Trump warned Tuesday that World War III could erupt over Ukraine or Taiwan — and said Russian President Vladimir Putin’s threat of unleashing nuclear weapons made this “a very bad and very dangerous time.” During an appearance on 77 WABC radio, Trump was asked by host John Catsimatidis what things “keep you … Read more

Pacific nation leaders in Washington as US seeks to deepen ties News

US President Joe Biden will host leaders from the Pacific Islands this week in what the White House is billing as a first-of-its-kind regional leaders summit in Washington, amid increasing rivalry between the United States and China in the Pacific. The two-day summit will kick off on September 28 and feature a dinner between Biden … Read more

Pacific nation leaders in Washington as US seeks to deepen ties News

US President Joe Biden will host leaders from the Pacific Islands this week in what the White House is billing as a first-of-its-kind regional leaders summit in Washington, amid increasing rivalry between the United States and China in the Pacific. The two-day summit will kick off on September 28 and feature a dinner between Biden … Read more

What is required to travel to Hong Kong? Many, many tests

Travelers headed to Hong Kong no longer need to quarantine in a hotel upon arrival. But they will have to submit to a barrage of Covid tests. They can go to work, take public transportation and go to supermarkets, but for the first three days, travelers can’t go into “high-risk premises” such as restaurants, bars … Read more

Hong Kong’s Cardinal Zen stands trial over protest fund

Editor’s Note: A version of this story appears in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. CNN — Cardinal Joseph Zen, a 90-year-old former bishop of Hong Kong and outspoken critic of China’s ruling Communist … Read more

What is required to travel to Hong Kong? Many, many tests

Travelers headed to Hong Kong no longer need to quarantine in a hotel upon arrival. But they will have to submit to a barrage of Covid tests. They can go to work, take public transportation and go to supermarkets, but for the first three days, travelers can’t go into “high-risk premises” such as restaurants, bars … Read more

Ceremony and controversy await Harris during his visit to Asia

WASHINGTON (AP) — Attending funerals on behalf of the United States is normally a straightforward assignment for a vice president, but Kamala Harris will confront controversy at nearly every turn as she visits Asia for the memorial honoring former Japanese Prime Minister Shinzo Abe. American allies are seeking clarity after mixed messages about whether President … Read more