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Xi says China is ready to work with U.S. on condition of ‘mutual respect’ |
Posted by: superadmin - 11-10-2021, 02:46 PM - Forum: Politics
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- “Right now, China-U.S. relations are at a critical historical juncture,” Xi said, according to a letter addressed to the National Committee on U.S.-China Relations, a New York-based non-profit.
- Qin Gang, China’s ambassador to the U.S., read the letter in English to attendees of the committee’s annual gala, which was livestreamed Wednesday morning Beijing time.
- Overall, Xi’s comments maintained the firm, calm tone of most language from Beijing on relations with the U.S., rather than some of the harsher remarks Chinese officials have made in the last several months.
BEIJING — Ahead of an expected virtual meeting with U.S. President Joe Biden, Chinese President Xi Jinping said the country is willing to work with the U.S. — on condition of mutual respect.
Beijing typically uses the term “mutual respect” in calling for more favorable communication with the U.S.
“Right now, China-U.S. relations are at a critical historical juncture,” Xi said, according to a letter addressed to the National Committee on U.S.-China Relations, a New York-based non-profit.
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‘World designed by men has destroyed many things,’ Cop26 warned |
Posted by: superadmin - 11-10-2021, 02:01 PM - Forum: Environment Protection News
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“The world as designed by men has destroyed many things,” Cop26 delegates have been told, as leaders and campaigners warned that the climate crisis could not be ended without the empowerment of women.
Women and girls around the world suffer disproportionately from the impacts of climate breakdown, as they are on average poorer, less educated and more dependent on subsistence farming. A UN report found 80% of those displaced by the climate emergency are women.
The focus on gender equality on Tuesday saw indigenous women and politicians including Scotland’s first minister, Nicola Sturgeon, and Nancy Pelosi, speaker of the US House of Representatives, demand increased investment.
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PH risks backfire for fielding Umno defectors |
Posted by: superadmin - 11-10-2021, 12:21 PM - Forum: Politics
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PETALING JAYA: PKR and Amanah may be hoping to steal votes from Umno by fielding defectors from the Malay party in Melaka, but an analyst has warned that the plan may backfire.
Pakatan Harapan (PH) supporters might revolt against the move, said former academic Azmi Hassan.
After formally accepting former Melaka chief minister Idris Haron and former Pantai Kundor assemblyman Nor Azman Hassan into their ranks, PH leaders now find themselves pushed into a corner to defend their decision.
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Singapore’s central bank warns against crypto |
Posted by: superadmin - 11-10-2021, 12:15 PM - Forum: Business, Economy and Investment
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Singapore’s central bank warns against crypto, says retail investors risk ‘significant losses’ - Singapore’s central bank and financial regulator warned Tuesday of “sharp speculative swings” and potential risks for retail investors who put their money in cryptocurrencies.
- “The prices of crypto tokens are not anchored on any economic fundamentals, and are subject to sharp speculative swings,” Menon said at the Singapore Fintech Festival. “Investors in these tokens are at risk of suffering significant losses.”
- He also said Singapore is in no hurry to develop a central bank digital currency for retail use.
SINGAPORE — Singapore’s central bank and financial regulator warned Tuesday of “sharp speculative swings” and potential risks for retail investors who put their money in cryptocurrencies.
The Monetary Authority of Singapore “frowns on cryptocurrencies or tokens as an investment asset for retail investors,” said Ravi Menon, its managing director, who was speaking to those at the Singapore Fintech Festival.
Bitcoin and ethereum hit another all-time high in the U.S. on Monday.
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Capitol riot: Judge rejects Trump bid to withhold records |
Posted by: superadmin - 11-10-2021, 12:02 PM - Forum: Politics
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A US judge has ruled a congressional committee investigating the Capitol riot can access some of ex-President Donald Trump's White House records.
Mr Trump had argued the materials were covered by executive privilege, which protects the confidentiality of some White House communications.
The inquiry is trying to find out if Mr Trump had foreknowledge of the riot.
The ruling came on the day 10 Trump aides were issued with legal summonses to testify before lawmakers.
Hundreds of Mr Trump's supporters stormed the Capitol building and disrupted the official certification of President Joe Biden's election victory on 6 January this year.
The House of Representatives Select Committee wants to see a trove of phone records, visitor logs and other White House documents that could shed some light on the events leading up to the attack on Congress.
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Meet Hong Kong's 'ghost net hunter' who is saving the city's sea life |
Posted by: superadmin - 11-10-2021, 11:47 AM - Forum: Environment Protection News
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(CNN)Built up from fishing communities into a major international port, Hong Kong has a rich maritime history stretching back hundreds of years. Beneath the surface of its coastal waters, though, lurks a haunting threat to its marine life.
Ghost nets, or ghost gear, are abandoned or lost fishing equipment. They float through the ocean, trapping and killing wildlife, snagging on boats, and even threatening divers.
One local scuba diver saw the problem and decided to take matters into his own hands.
Harry Chan, a self-proclaimed "ghost net hunter," has spent the last decade hauling abandoned fishing nets out of the ocean. The 68-year-old retired businessman says he is on a mission to clean up Hong Kong's surrounding waters and coastline.
"If we're not going to take care of the environment and the ocean, we aren't going to get another one," says Chan.
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Fitch unit: Putrajaya’s debt could rise to 70pc of GDP by GE15 |
Posted by: superadmin - 11-10-2021, 11:40 AM - Forum: Business. Economy and Investment
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Fitch unit: Putrajaya’s debt could rise to 70pc of GDP by GE15 as elections upend fiscal reduction target
KUALA LUMPUR, Nov 10 — Political volatility could derail Putrajaya’s bid to reduce its debt pile as the ruling parties would likely overshoot its spending target to avoid electoral backlash from a public still reeling from the Covid-19 Pandemic, Fitch Solutions said today.
Government expenditures have already surpassed budget projections for two consecutive years since the beginning of the pandemic.
In 2020, revenue underperformed while expenditure increased as a result of the measures taken to combat the pandemic leading to the actual deficit coming in at RM87.6 billion or 6.2 per cent of GDP compared to a projected RM34.5 billion or 2.5 per cent of GDP.
The Fitch Group unit projected the government’s fiscal deficit to be 6.3 per cent of its GDP in 2022, which is slightly wider than the government’s projection of 6.0 per cent.
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Vote the true blue, not the counterfeit one, says Zahid |
Posted by: superadmin - 11-10-2021, 10:26 AM - Forum: Politics
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PETALING JAYA: Ahmad Zahid Hamidi has called on voters in Melaka to back the “original blue” when the state heads to the polls on Nov 20.
The Umno president said that the “original blue” had quality, a reference to Barisan Nasional’s dark shade of blue.
“Don’t be fooled by the counterfeit blue as the result would be depressing,” he said in a Facebook post, possibly alluding to Perikatan Nasional’s colour.
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PH promises to bring back B40 healthcare programme |
Posted by: superadmin - 11-10-2021, 10:23 AM - Forum: Politics
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PETALING JAYA: Pakatan Harapan will reintroduce a healthcare programme, Kad Peduli Sihat for the B40 if it is back in the driver’s seat after the Nov 20 Melaka elections, former chief minister Adly Zahari has promised.
The Amanah vice-president was named Melaka chief minister in May 2018 when PH won a simple majority in Melaka after the general election.
However, defections by four assemblymen saw his administration collapse in March 2020, just days after PH was toppled at the federal level. He was replaced by Sulaiman Md Ali of Umno. With the collapse of the PH administration, the programme was shelved.
“Previously, we approved the Kad Peduli Sihat programme, where we wanted to set aside a budget for the rakyat to get better treatment and medical services.
“We are confident that with a new mandate, we can continue with the Kad Peduli Sihat programme, especially as we are now facing Covid-19.”
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Corruption okay, yet Timah whiskey not: MP slams PAS hypocrisy |
Posted by: superadmin - 11-09-2021, 07:57 PM - Forum: Politics
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KUALA LUMPUR – Khalid Samad (Shah Alam-PH) did not hold back his scathing criticism in the Dewan Rakyat today, as he highlighted what he thought were hypocrisies practised by Umno and PAS.
He took a swipe at his former party PAS over its indifference towards corruption and wastage.
“Because corruption does not fall under hudud, it’s not as important as the Timah (whiskey) issue or the sale of alcohol that is already prohibited for Muslims.
“These distorted Islamic teachings result in the buying of Mercedes cars for their state exco.
“So, corruption, abuse of power, and supporting traitors is fine – moreover, if done under the name of Malay Islam (Melayu Islam).”
On Muhammad Adib Mohd Kassim’s death, Khalid said the matter was heavily politicised despite the authorities’ claims there were no concrete evidence showing that the fireman’s death was due to murder.
“You were willing to use a tragic incident for your political gains. Because the deceased was Malay, and those who supposedly killed him were Indians, you trumpet Ketuanan Melayu (Malay supremacy).
“Where was the Keluarga Malaysia spirit then?” Khalid said while debating Budget 2022.
He then questioned why the same concern was not shown towards custodial deaths, adding that detainees should be protected by the police force.
Khalid also asked if the apathy towards custodial deaths was because the reported cases were mostly Indians. – The Vibes, November 9, 2021
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