Friday, November 10, 2023

ENCOUNTERS IN SOUTH CHINA SEA: Philippines rebukes Beijing for 'recklessly harassing' its boats'

The Philippines accused the Chinese coast guard Friday of “dangerous harassment” of Filipino boats in the disputed South China Sea, including firing a water cannon.
The latest incident near Second Thomas Shoal in the Spratly Islands comes nearly three weeks after two collisions between Chinese and Philippine vessels during a resupply mission to the same tiny garrison.

Philippines accuses China of ‘dangerous’ actions in South China Sea

Map showing claims and major outposts on the disputed Spratly Islands. (Photo by AFP)
The countries, which have a long history of maritime disputes in the hotly contested waters, traded blame for those incidents.

On Friday, Manila said the Chinese coast guard and other vessels “recklessly harassed, blocked, executed dangerous maneuvers” as they tried to “illegally impede or obstruct a routine resupply” of Filipino troops at the outpost.
The Philippines’ National Task Force for the West Philippine Sea said in a statement a Chinese coast guard vessel had also fired a water cannon against a Philippine boat.
The task force said the Philippine embassy in Beijing lodged a protest with the Chinese foreign ministry over the incident.

But China said it “took control measures” against two Philippine transport ships and three coast guard vessels it insisted were in Chinese waters.
“The Philippines’ actions infringe on China’s territorial sovereignty,” China Coast Guard spokesperson Gan Yu said.
“We urge the Philippines to immediately stop its infringing actions.”
  • A handful of Filipino troops are stationed on the crumbling BRP Sierra Madre, which the Philippine Navy grounded on the reef in 1999 to check China’s advance in the waters.
  • The troops depend on the resupply missions for their survival.
China claims almost the entire South China Sea, through which trillions of dollars in trade passes annually, and has ignored a 2016 international ruling that its assertion has no legal basis.
Over the past decade or so, Beijing has deployed vessels to patrol the waters, swarm reefs and built artificial islands that it has militarized to reinforce its stance.

Second Thomas Shoal is about 200 kilometers (124 miles) from the western Philippine island of Palawan, and more than 1,000 kilometers from China’s nearest major landmass, Hainan island.

  • The Marcos administration has publicly criticized Chinese actions in the South China Sea, publishing photos and videos to support its claims of Chinese harassment and the blocking of its vessels.
  • Beijing has released its own images of the incidents.

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China fires water cannon at Philippines boat in South China Sea
According to video released by the Philippine Coast Guard, a Chinese military vessel fired a water cannon toward a Philippine ship in the South China Sea. China said it was acting lawfully by trying ...
Philippines accuses China of 'dangerous' actions against its boats in South  China Sea
Philippines accuses China of 'dangerous' moves in South China Sea
Surge and swarm: How China's ships control the South China Sea | Mint

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VIDEO

The Philippines accused the Chinese coastguard on Friday of “dangerous harassment” of Filipino boats in the disputed South China Sea, including firing a water ...
South China Morning Post · Agence France-Presse · 3 hours ago
The Philippines accused the Chinese coast guard Friday of "dangerous harassment" of Filipino boats in the disputed South China Sea...
The Standard (HK) · The Standard · 33 mins ago
The Philippines accused the Chinese coast guard Friday of "dangerous harassment" of Filipino boats in the disputed South China Sea...
The Standard (HK) · The Standard · 33 mins ago

On Friday Beijing accuses Philippine supply ships of violating China's territorial sovereignty ... “The Philippines' actions violate China's territorial ...
South China Morning Post · Seong Hyeon Choi · 38 mins ago


1 hour ago — The Philippines accused the Chinese coast guard Friday, November 10 of "dangerous harassment" of Filipino boats in the disputed South China Sea, ...
2 hours ago — The Philippines accused the Chinese coast guard Friday of “dangerous harassment” of Filipino boats in the disputed South China Sea, including ...
4 hours ago — Rest of World News: The Philippines has accused the Chinese coast guard of dangerous harassment in the South China Sea, including firing a ...

Thursday, November 09, 2023

China The Peace Maker

China’s presence in the Middle East has grown beyond its economic footprint. In March, Beijing helped to broker a peace deal between arch rivals Saudi Arabia and Iran, whose relations had been fractured since 2016. Before the peace deal, Beijing held its first summit with the Arab League in late 2022.

Beijing’s actions are regarded as signs that it intends to compete with Washington for influence in the Middle East, and China’s support for Arab states in the conflict will have a positive effect on China’s influence in the Middle East, according to Yan.

“China’s relations with Arab countries have been steadily enhanced for years. The positions of the two stakeholders on major international issues have been converging, mutually supportive and consistent,” he said. 

Illustration: Lau Ka-kuen


Israel-Gaza war: China’s peacemaker role is tested in US-dominated Mideast

  • Beijing intends to use ‘the new crisis as leverage’ to compete for more influence in the Mideast: analyst
  • China’s growing alignment with Arab nations puts its credibility as a neutral peace broker ‘under strain’, experts say
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Israel-Gaza war: China’s peacemaker role is tested in US-dominated Mideast

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If Washington is serious about human rights, and not in it for just cheap propaganda, there are other places with huge numbers of cases worthy of its attention.

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With both focused on military AI integration and unwilling to mutually engage, the task of bringing the international community together might have to rest with others.

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Harry’s View |

9 Nov 2023 - 5:58PM

Fear-and-Loathing in High Places

Greene has never been one to shy away from an online battle. It’s part of the reason she has gained such MAGA infamy. But Greene’s fellow GOP members, many of whom once considered themselves her ally, suggested to The Daily Beast that her antics are only making her standing in Congress weaker. 

www.thedailybeast.com

Marjorie Taylor Greene Shows Congress How to Lose Friends and Not Influence People

Zachary Petrizzo
8 - 9 minutes

As House Republicans try to move past the rifts demonstrated during their three-week speakership quagmire, one person has emerged from the drama with few friends and plenty of enemies: Rep. Marjorie Taylor Greene (R-GA).

Greene was a close ally of former Speaker Kevin McCarthy (R-CA). And with McCarthy out of power—and Greene largely ostracized from her former friends in the House Freedom Caucus, as well as the GOP rank and file who already disliked her—there aren’t many House Republicans standing with the conservative Facebook shock jock-turned-congresswoman.

Greene’s diminished status in the GOP conference was on full display last week as she introduced a resolution to chastise Rep. Rashida Tlaib (D-MI) for her pro-Palestinian rhetoric, and lost the vote badly.

Twenty-three Republicans broke with Greene on her resolution to censure Tlaib, even though the Democratic congresswoman has repeatedly put her foot in her mouth over the war in the Gaza Strip.

And those 23 Republicans breaking with Greene—a firebrand conservative who is perhaps the id of the MAGA movement in Congress and has Donald Trump on speed dial—is just the latest evidence that GOP members are neither fearing nor loving Marjorie Taylor Greene.

That point was further illustrated after the vote, when Greene took to Twitter to shame the Republicans who voted against her censure resolution.

“You voted to kick me out of the freedom caucus, but keep CNN wannabe Ken Buck and vaping groping Lauren Boebert and you voted with the Democrats to protect Terrorist Tlaib,” Greene wrote, taking aim at Rep. Chip Roy (R-TX). “You hate Trump, certified Biden’s election, and could care less about J6 defendants being persecuted.”

Rather than just letting her shot go, Roy responded by telling a reporter from The Hill: “Tell her to focus on chasing so-called Jewish space lasers if she wishes to spend her time on such matters.”

That didn’t go over well with Greene.

“Oh shut up Colonel Sanders, you’re not even from Texas, more like the DMV,” she replied. . .

Another Republican lawmaker, who was once a Greene ally, put it far more bluntly.

“She’s creating her own enemies through unprovoked, unwarned, and unsubstantiated attacks,” this GOP lawmaker said. “Embarrassing herself through launching attacks she later has to retract due to their inaccuracies.”

When that Republican lawmaker confronted Greene after the list of 23 was blasted out on her X page, this source said, “she responded viscerally.”

Yet another Republican lawmaker who was once close to Greene agreed that she’s losing friends.

“There is no one I have heard from, dozens of members, who are happy with her, that trust her [or] confide in her,” this Republican lawmaker said.

“She’s continually seeking attention,” this GOP member said, “building herself up while tearing others down. I have cut ties completely.”

Some Republicans tried to minimize the feud. Rep. Tim Burchett (R-TN), ever one to find the folksy, bright side of any issue, compared the disagreement between Greene and Roy to a “fight at Christmastime or Thanksgiving.”

“You know, family at the table,” Burchett said. “You try to not set the two together.”

But other close Trump allies acknowledged that Greene was doing herself no favors. . .


Expand the report >>

NO CRASH INSIGHT: A Slew of Uncertainties, A Risk Patch, Disinflation Rippling Through The Economy

More "Happy Talk" for a "Soft-Landing"...and The Fallout from Geo-Political tensions, get ready

www.axios.com

Wall Street tempers recession fears, questions linger on 2024

Courtenay Brown
4 minutes

Illustration of a bull stylized as a Zoltar figure in a fortune telling cabinet.

Illustration: Aïda Amer/Axios

The 2023 economy has proved more resilient than most expected at the start of this year, but huge questions loom.

Why it matters: Major central banks' interest rate-hiking campaigns appear at or near their end, but previous moves are still rippling through the global economy.

  • This week, some leading forecasters have rolled out their projections for 2024.
  • The central question for next year is how that plays out — and what it will take for the world to adjust to a new regime of higher borrowing costs.
  • Among the other questions: whether inflation continues to ebb and whether the job market cools down in a critical election year.

What they're saying: Goldman Sachs economists write in the bank's new outlook that "2024 should cement the notion that the global economy has escaped the post-[Great Financial Crisis] environment of low inflation, zero policy rates and negative real yields."

  • Goldman's team is on the more optimistic side of the ledger, seeing only a 15% chance of a recession.

Where it stands: The economy has weathered a slew of risks this year — a global banking crisis, a bumpy path for disinflation, lingering fallout from geopolitical tensions, and tighter monetary policy than most anticipated.

  • But the highly anticipated recession never came to pass. So far this year, the labor market has added roughly 240,000 jobs each month, on average.
  • Thanks to cooler inflation, workers have notched real wage gains on an annual basis.
  • Meanwhile, economic growth in the third quarter was the strongest in about 2 years, thanks to strong consumer spending.

Yes, but: Even if they don't anticipate a 2024 recession, some economists are bracing for a rough patch — largely as a result of tighter monetary policy that could finally pinch economic activity.

  • "[T]he U.S. economic outlook over the next year or so is far from sunny. A full-blown economic storm may not develop, but storm clouds likely will dominate the horizon for the foreseeable future," economists at Wells Fargo note in their 2024 outlook, out Thursday morning.

Between the lines: Companies, for instance, that borrowed at ultra-low rates of years past may finally see the pricier debt intended by the Fed's moves.

  • "As we move through 2024, household, corporate and sovereign debt originated at historically low rates will start to gradually roll over to today's far higher rates," Madhavi Bokil, a senior vice president at Moody's, wrote in a new note.
  • "We believe a significant part of the impact of monetary tightening is still ahead of us," economists at UBS wrote this week. "As low interest loans expire, an increasing part of investment and consumption will be diverted away to servicing the new higher cost loans."

The bottom line: The 2023 economy defied gloomy forecasts. It's possible the 2024 economy may do the same, even as plenty of risks lie ahead.

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