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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 ....
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 august of last year. this current agreement covers issues like customs with regard to trade, anti corruption measures, and investment opportunities for small and medium sized enterprises. let s stay on the topic of tensions between the us and china asia s biggest annual security summit gets under way later in singapore. defence leaders from more than a0 countries will meet at the shangri la hotel. as tensions continue to grow between the two countries, their defence spending is following a similar trend. monica miller reports. the escalating tension between the two countries is turning out to be costly for the us and china. beijing has increased its military spending by more than 7% this year as they try to modernise their military. however, the americans h ....
taiwan in recent years, increased 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 august of last year. this current agreement covers issues like customs with regard to trade, anti corruption measures, and investment opportunities for a small and medium sized enterprises. let s stay on the topic of tensions between the us and china asia s biggest annual security summit gets under way later in singapore. defence leaders from more than a0 countries will meet at the shangri la hotel. as tensions continue to grow between the two countries, their defence spending is following a similar trend. monica miller reports. the escalating tension between the two countries is turning out to be costly for the us and china. beijing has increased its military spending by more than 7% this year as they try to modernise their military. however, the americans have rou ....
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. ....
A sticking point has been high petrol and diesel prices. it has stayed elevated at levels in april and may of 2022, even after global crude oil prices have fallen by more than a0 50% since then. now this is despite india having access to larger amounts of discounted russian crude oil which, according to reports, is at least $10 cheaper than international rates. now that means billions of dollars of savings for oil marketing companies but that has not been passed on to motorists and is still pinching households s disposable income and feeding into india s inflation. 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. ....