Petty Officer Wenheng Zhao of the U.S. Navy has pleaded guilty to accepting bribes and selling sensitive military secrets to China. Zhao originally pleaded not guilty when he was originally charged on August 4th. He was accused of collecting $15,000 in bribes from a Chinese intelligence officer in exchange for information, photos, and videos that included Navy exercises, operations, resources,… Read more »
U.S. Senate Majority Leader Chuck Schumer expressed concerns with chinese President Xi Jinping regarding the attacks in Israel from the terrorist group of Hamas. While China condemned the attacks against Israel, they have seemingly decided to stay neutral in the situation so far by not officially naming the attacks as terrorist attacks. So far the most aggressive standpoint that China… Read more »
It seems from Kim Jong Un’s New Year’s Day speech that North Korea is looking to lessen tensions with South Korea. They have enforced this statement by reopening telecommunications with South Korea relating to the Winter Olympics. However, many are not convinced that this communication will last due to North Korea’s tendency to quickly recoil from communication such as this…. Read more »
The Chinese economy is slipping. Growth has slowed, and the national currency, the yuan, has reached an eight-year low. The United States, Europe, and other nations are seeking their manufactured goods elsewhere, like in Thailand, Vietnam, and Taiwan, where the labor is far cheaper than the ever-pricier Chinese. As growth slows, the Chinese government becomes anxious. This may be the… Read more »
(CNN): Beijing has been dumping U.S. government debt to prop up its currency. China uses the dollars it gets from selling U.S. Treasuries to buy the yuan, which has sunk to an 8-year low as the world’s second largest economy slows. China’s huge holdings of U.S. debt fell to $1.12 trillion at the end of October, their lowest level in… Read more »
The newly-elected president of the Philippines, Rodrigo Duterte, has been almost universally condemned by the international community for his violent war against drugs and drug crime in his country, in which hundreds have been killed. Both the United Nations General Secretary, Ban Ki-Moon, and the President of the United States, Barack Obama, decried these violations of human and civil rights… Read more »