China Condemns U.S. Tariffs at WTO, Warns of Global Recession

In a heated Tuesday session at the World Trade Organization (WTO), China strongly condemned the tariffs launched or threatened by U.S. President Donald Trump, warning that these “tariff shocks” pose a significant threat to the global trading system and could potentially trigger a global recession. The Tariff Dispute President Trump has announced sweeping tariffs, including…

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North Korea Criticizes U.S. and Allies for ‘Absurd’ Denuclearization Goal

In a recent statement, North Korea vehemently criticised the United States and its allies for pursuing what it deems an “absurd” and “outdated” goal of denuclearization. According to state-run media, North Korea’s Foreign Ministry has labelled the denuclearization efforts as “impossible.” It has reaffirmed its commitment to bolstering its nuclear capabilities under Kim Jong Un’s…

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Philippines’ Exit from the Grey List: A Boost for Investment

The Philippines has recently achieved a significant milestone by being removed from the Financial Action Task Force (FATF) grey list. This development is expected to profoundly impact the country’s investment landscape, enhancing its attractiveness to foreign investors and boosting economic growth. Background on the Grey List The FATF grey list, officially known as “Jurisdictions Under…

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Vietnam’s Parliament Approves Major Government Overhaul

Vietnam’s National Assembly has approved a comprehensive government restructuring plan to streamline its bureaucracy and enhance administrative efficiency. The ambitious overhaul aims to reduce the workforce by 20%, impacting approximately 100,000 civil servants. The restructuring plan involves merging several ministries and abolishing others to improve efficiency and achieve significant cost savings. Key changes include combining…

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Rubio Exempts Taiwan and Philippines Security Programs from Aid Freeze

U.S. Secretary of State Marco Rubio has exempted over $1 billion in foreign security assistance for Taiwan and the Philippines from the ongoing aid freeze. This decision underscores the United States’ commitment to bolstering security in the Asia-Pacific region amid rising tensions with China. The exemptions include $870 million for Taiwan and $336 million for…

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The Philippines’ Cyber Defenses Hold Firm Against Foreign Intrusions

The Philippines has recently detected multiple foreign attempts to access its intelligence data, but according to the country’s cyber minister, Ivan Uy, no breaches have been recorded so far. These attempts to steal data have been wide-ranging and persistent, highlighting the ongoing threat of Advanced Persistent Threats (APTs). APTs are sophisticated cyber actors or groups,…

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Experimental Vaccine for Common Cancers has Shown Promising Results.

The Science Behind the Vaccine The experimental vaccine utilizes mRNA technology, which has gained significant attention for its role in COVID-19 vaccines. This technology works by instructing cells to produce specific proteins that trigger an immune response. In the case of cancer, the vaccine targets unique markers on cancer cells, training the immune system to…

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The Philippines’ Trade Surplus with the US: A Shield Against Tariffs

According to S&P Global Ratings, the Philippines is expected to remain insulated from the impact of potential United States tariffs on Asian economies due to its trade surplus with the world’s largest economy, an advantage among its regional peers. YeeFarn Phua, director at S&P, highlighted that while countries such as China, Vietnam, Malaysia, and Taiwan…

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