Hong Kong’s Accountant Institute Quietly Announced End of Mutual Recognition Accord with U.S.
The Hong Kong Institute of Certified Public Accountants (HKICPA) issued a supplementary and clarification statement on its official website earlier this month to confirm the agreement of Mutual Recognition Accord which was signed in 2011 with the U.S. International Qualifications Appraisal Board (IQAB) which under the National Association of State Boards of Accountancy (NASBA), will be expired on Dec 31 this year.
Internal Document on Xinjiang Uyghur Leaked
On May 26, Moto Nakatani, the former Japan’s Liberal Democratic Party's assistant in charge of international human rights affairs, discussed the issue of the forced detention of Uyghur minorities in Communist China’s Xinjiang Uygur Autonomous Region, especially the recent leaked list of more than 20,000 detainees and other internal documents of the Chinese Government.
Direct Talks with Putin the Only Way to Negotiate with Russia
On May 25th, Ukrainian President Vladimir Zelensky said he had always been open to negotiations with Russia, but only for direct talks with Putin.
Australian Prime Minister Urges CCP to Remove High Tariffs on Australian Imports
On May 24th, the Prime Minister of Australia, Anthony Albanese, has called on the Chinese Communist Party (CCP) to remove trade sanctions, he told reporters after attending the Quad summit in Tokyo with the U.S. president Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Modi.
India Limits Sugar Exports After Bans on Wheat Exports
It is reported on May 25, that the Indian Government issued a statement saying that it will limit the export of sugar to ensure sufficient supply for the country and the price stability. India is one of the world's major sugar producers and the second largest sugar exporter after Brazil. This will be the first time India has imposed restrictions on sugar exports in six years, aiming to ensure a stable domestic supply.
U.S. Tries to Cripple Russia’s Ability to Pay International Investors
On Wednesday, the United States will close the last avenue for Russia to repay billions of dollars of debt to international investors, making it likely that Russia will default on its debt for the first time since the Bolshevik Revolution.
South Korea’s SK Group Invests $200 Billion in Semiconductor Industry to Follow Samsung
Following Samsung, South Korea's SK Group announced on Thursday, May 26 that it will invest about 247 trillion Korean won (about 195.2 billion US dollars) in semiconductor, battery and other related fields in the next five years.
Davos was Shrouded by Global Economic Worries
The threat of food insecurity around the world, the lingering CCP virus (COVID-19) pandemic. As business leaders, government officials and other dignitaries gather in Davos, Switzerland, for the World Economic Forum's annual meeting, there is growing pessimism about the coming months.
The United States called the UN Human Rights Commissioner’s visit to China a mistake
On May 24, it was reported, the U.N. Human Rights Chief agreed to visit Communist China was a mistake because of concerns that the Chinese Communist Party (CCP) Government's restrictions on her visit could undermine censorship of Beijing's human rights record, the U.S. State Department said on Tuesday.
China’s Military Exercises Near Taiwan
According to a reports on May 25th, the Communist China has organized ‘multi-services combat readiness’ patrols and combat drills in the sea and airspace around Taiwan in response to recent 'U.S.-Taiwan collusion activities'.
North Korea tested nuclear detonator and fired three missiles right after Biden left South Korea
On May 25, shortly after US President Joe Biden's visit to Japan and South Korea, South Korea's National Security Office said that North Korea appeared to have tested a nuclear detonator and was preparing for its seventh nuclear test explosion. Three ballistic missiles were fired in the early hours of the same day.
230,000 Ukrainian Children Abducted
According to a report by the Ukrainian Information Daily on May 26th, Serhiy Dvornik, adviser to the Ukrainian mission to the United Nations, accused the Security Council on Wednesday that Russia had abducted 230,000 Ukrainian children from the occupied territories into Russian territory.
West Point Will Prepare for A New Kind of Warfare to counter Communist China and Russia
Milley stressed, the U.S. military cannot afford to be old-fashioned, but must urgently modernize and develop the forces and equipment that can deter or, if necessary, prevail in a global conflict. And the graduating officers must change the way U.S. forces think, train and fight.
U.S. Attorney General v. Stephen A. Wynn, 22-CV-013712
The DOJ accuses that Steve Wynn acted as a Chinese Communist Party (CCP) agent without being registered under Foreign Agents Registration Acts (FARA).
From vague to clear: If the CCP invades Taiwan, the United States will intervene militarily
On May 23rd, President Biden was asked at a Tokyo press conference if the U.S. was willing to intervene militarily to defend Taiwan. Biden replied, "Yes, that's a commitment we make."
Proposal in Japan Put Forward to Consider Vaccinating Children
On the 24th, opposition members of Congress formed a “super-partisan coalition of parliamentarians (tentative name) to seriously consider vaccinating children” against the CCP virus.
Biden Announces the Launch of Indo-Pacific Economic Framework (IPEF)
On May 23, US President Biden announced in Tokyo the launch of the Indo-Pacific Economic Framework (IPEF), a US-led economic zone initiative. It has 13 founding members, including Japan, the United States, South Korea, and India.
Biden Supports Japan Becoming a Permanent Member of the UN Security Council.
President Biden visited Asia for the first time since taking office, he praised Fumio Kishida's determination to strengthen Japan's defense capabilities and supported Japan's plan to strengthen its defense capabilities to counter China's growing influence in Asia. In addition, Japanese broadcaster NHK reported that Biden supports Japan becoming a permanent member of the UN Security Council.
200 Bodies Found Under Rubble in Mariupol Basement
It is reported that after a theatre building in Mariupol, which served as a shelter, was attacked by Russia’s airstrike killing nearly 600 Ukrainians, another 200 bodies were found under the rubble in Mariupol basement, Ukrainian authorities said.
Close interaction of US and Japan’s head of state made the CCP feel tenterhooks
President Biden officially launched the Indo-Pacific Economic Framework (IPEF) in Japan on May 23 to expand U.S. economic engagement in the Indo-Pacific region. The list consisting of 13 founding countries is revealed, which Communist China is excluded. The IPEF's push to improve supply chain resilience is an attempt to squeeze the CCP out of the supply chain.
Ukraine Will Renegotiate with Russia When it Returns to Pre-invasion State
It is reported on May 24, Ukrainian President Volodymyr Zelensky emphasized that the Ukrainian will once again sit down with Russian representatives to have a meeting when Ukrainian troops go back to pre-invasion positions that began three months ago.