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trade and political tensions with china. the move sparked a warning from beijing, which considers taiwan part of chinese territory. samira hussain has more. trade between the united states and taiwan amounts to about $75 billion a year. that number is dwarfed by china s trade with taiwan, which stands at a massive $120 billion a year. by signing this trade deal, the us is looking to build its presence in asia and rival china. taiwan for its part is looking to reduce its economic dependence on china, especially in light of the geopolitical tensions between it and beijing. unsurprisingly, china did not react well, saying the united states should stop any form of official exchanges with taiwan under the guise of trade. beijing has stepped up threats and rhetoric against taiwan in recent years, increasing military drills in the seas around the island, and working to cut off its official ties with countries around the world. discussions between washington and taipei began in ....
MARQUETTE, Mich. (WJMN) — Months after community discussions were held to consider moving the MVH D.J. Jacobetti Home for Veterans to the former Cliffs-Dow site in Marquette, a spokesperson for the center says they are now exploring other locations. Details on the State of Michigan’s website show Michigan Veteran Homes and the City of Marquette […] ....
In the value of his electric car company, tesla. he s now estimated to be worth $192 billion. the head of lmvh, bernard arnault, is in the second spot, withjeff bezos and bill gates in third and fourth positions. and staying with elon musk he s being accused of insider trading by investors who lost billions by trading the cryptocurrency dogecoin. in a filing to manhattan federal court, a group of investors allege he used twitter posts, paid online influencers, and even used an appearince on the tv show saturday night live to boost the value of dogecoin before selling $124 million worth. at one point, the twitter owner replaced the company s blue bird logo with dogecoin s shiba inu dog logo, seeing dogecoin s price jump by almost a third. a lawyer for musk and tesla declined to comment. ....
Sri lanka has cut its interest rate by a huge two and a half percentage points. it s the first cut in three years something the government says is a sign the country s economy is finally starting to recover from a crippling economic crisis. interest rates had been raised to record levels in an effort to calm spiralling inflation. the international monetary fund, which is currently funding an almost $3 billion bailout, said the south asian nation is showing a strong commitment to implementing economic reforms. elon musk has reclaimed his title as the world s richest person, knocking the boss of luxury goods giant lmvh off the top spot. according to bloomberg s billionaires index, his net worth has soared by more than $55 billion since january after a rise ....