The Biden administration is so bent on containing China’s rise that it is willing to jeopardize the U.S. and global economy to see that Beijing does not overtake the U.S., Treasury Secretary Janet Yellen said during a speech in Washington last week.
Category: TRENDS IN GEOPOLITICS – Apr 25 2023
CHINA: INTERFERE ON TAIWAN AND FACE ‘DANGEROUS’ OUTCOMES
China’s top diplomat warned countries to stay out of its relationship with Taiwan or face the possibility of a “dangerous” outcome after South Korea’s president weighed in on the issue and while the U.S. conducted its largest military exercise with the Philippines ever.
MORE SANCTIONS ON RUSSIA, MORE GERMAN GAS SHORTAGES
Germans were warned last week that they will face a gas shortage if there’s a cold winter next year given that storages are only required to be filed 40 percent by the end of January 2024
NETANYAHU TRIES TO THROW COLD WATER ON SAUDI ARABIA’S PEACE DEAL WITH IRAN
Benjamin Netanyahu, the Israeli prime minister, warned Saudi Arabia not to put too much stock in the Chinese-brokered peace deal with Iran and that countries fooled by Tehran end up in “misery.”
U.S. BLASTS BRAZIL’S LULA FOR ‘PARROTING RUSSIAN AND CHINESE PROPAGANDA
The U.S. showed how quickly it can turn on “friends” when disagreements in policies arise and Brazil’s president, Luiz Inacio Lula da Silva, was the latest victim of Washington scorn.