Pakistan daily Dawn Newspaper and ANN partner will be reporting live on the day’s events as both sides attempt to deescalate a worrying situation.
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Concerns over Fukushima discharge. South Korea’s Foreign Ministry on Monday sought a detailed explanation on Japan’s reported plan to release radioactive water from the 2011 Fukushima nuclear plant meltdown, while expressing safety concerns. Climate, Environment, Science and Foreign Affairs Director Kwon Se-jung summoned Tomofumi Nishinaga, economic counselor at the Japanese Embassy here, to convey the government’s concerns on the possible disposal of contaminated water. “Our government very gravely recognizes the impact that the discharge of contaminated water from the Fukushima plant may have on the health and safety of both countries’ citizens, and by extension on all countries along the ocean side,” the ministry said in a press release.
Editor’s note: Washington has postponed its Huawei decision until after holidays. Early this week, Washington will review its decision on Huawei as scheduled. It put the company on its export-control list on May 15, delaying the restrictions for three months from May 21. Although it might be the US suppliers of Huawei that care more about the outcome than the Chinese telecommunications giant itself, the US should not try to hold Huawei hostage to try and force China into agreeing to an unfair trade deal. Huawei is confident that no power can hold back the pace with which the world will step over the threshold into the 5G era and equally sure of its leadership advantages in that technology, which come from its innovation and foresight. It spends about $20 billion a year on research and development, and it has reportedly already begun research on the next generation 6G telecommunications technology.
Trade wars and economic disputes have harmed the economy. A shadow of global recession looms over key economies as major markets have been dealing with some of their worst days in recent weeks. This is sparking concerns that chances of recession may also be growing on home turf, in South Korea. Last week, the yields on US 10-year Treasurys fell below two-year yields for the first time since 2007 – a phenomenon known as an inverted yield curve. Investors and experts alike are regarding such trend with wariness — every recession in the last 60 years has been preceded by the yield curve inversions. “Every time the US 10-year Treasuries fell below two-year yields, an economic recession came within a time frame of 18 months, which is why we have to be concerned,” Kong Dong-rak, an analyst at Daishin Securities said. “Even if it does not result in a recession, it is definitely a strong si
‘World must seriously consider safety, security of India’s nuclear arsenal in control of fascist Modi’. Prime Minister Imran Khan on Sunday expressed concern about the “safety and security of India’s nuclear arsenal” and urged the international community to take notice. In a series of tweets, the premier said that the fact that India’s nuclear weapons are in the control of “the fascist, racist Hindu supremacist Modi government […] impacts not just the region but the world”. The premier’s statement comes two days after Indian Defence Minister Rajnath Singh de
The statements were recorded in all the State-Run papers. Recent statements from US politicians violated the spirit of rule of law and interfered with China’s internal affairs, a spokesman with the country’s top legislature said on Saturday. You Wenze, spokesman of the Foreign Affairs Committee of the National People’s Congress, said some US politicians have glorified violent crimes in Hong Kong as protests for human rights and freedom, while smearing as violent suppression Hong Kong police efforts at law enforcement and maintaining social order. He said some politicians have threatened for US Congress to pass a so-called Hong Kong Human Rights and Democracy Act, which “severely violated the spirit of rule of law, showed clear double standards and grossly interfered in China’s internal affairs”. You’s remarks came in response to several statements from US
Hong Kong’s has become another consideration for Xi and Trump in their ongoing trade dispute. The United States and China have been embroiled in a trade war for almost two years with reciprocal tariffs and fiery rhetoric coming from both sides. Both economies have suffered and the world’s two largest economies both face the looming threat of recession. China, in addition to a tenuous economic situation is also facing more woes in Hong Kong, a Chinese territory that is self-governed. Protesters have taken to the streets in the island-territory after a proposed extradition law was publicly opposed. The protests have evolved beyond the initial grievances to long-held anxieties over the economy, living space and, ultimately, rule by Beijing. As the pro-democracy protests gather steam and threaten to become more widespread and violent, the United States has involved itself and ad