Rising costs of the upgrade of its fleet of F-16’s have caused tension between Taiwan and the US, as the angry Taiwanese decided to postpone the already long-delayed agreement, writes defense expert Wendell Minnick in Defense News. Read More →
US Congress intends to pass a currency bill, potentially triggering off a trade war with China by imposing tariffs on trade, notes business analyst Shaun Rein with increasing amazement in CNBC.Read More →
Seven retired US air force officials urged in a letter for an upgrade of Taiwan’s F-16 as “vital for Taiwan to defend itself and restore balance in the Taiwan Strait”, defense specialist Wendell Minnick writes in Defense News.Read More →
The world’s major stock markets braced for a black Monday, but also China’s financial policy makers have had a sleepless weekend over the US downgrade by S&P, Shaun Rein writes in the CNBC. They get now very vocal on the financial problems of the US.Read More →
Shaun Rein by Fantake via Flickr US congress and other political bigwigs might be pushing China to appreciate its currency, but Shaun Rein asked US companies, and they see their interests hurt by a rise of the Renminbi, he writes in Forbes: The next time you hear someone in CongressRead More →