Miscellaneous News

SanWenYu

Captain
Registered Member
I would eat a kangaroo to celebrate this if I were French.
In my city there is a restaurant that claims to have ties with Australia. They had a kangaroo meat patty burger on menu when we had a group lunch there before the pandemic. A former colleague of mine, a Russian I believe, tried it. He did not regret the decision but would not recommend it.
 

iewgnem

Senior Member
Registered Member
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Enhanced compliance review probably means inspections.

Its in China's interest to strictly enforce but also grant limited licenses to compliant western civilian companies:
- It starves any attempt at commercialy viable domestic production outside China
- Normalizes Chinese supervision of forign entities and Chinese long arm enforcement.
- It gives China visibility into major industries, i.e. how many cars Ford plans on producing in 6 month to a year.
- It gives China control over product quantity and tech level from companies who want to compete with Chinese firms
- It gives science illiterate western politicians the illusion of problem resolution while starving defence and other critical industries

To put it bluntly, China is the drug dealer and its in tge dealer's interest to strictly control its supply but also give enough out to keep everyone addicted and groveling.
 

jwnz

Junior Member
Registered Member
View attachment 154136
Literally every you said is the opposite of facts, the flaps were down and what seems like the RAT was extended. It is likely that this aircraft suffered a dual engine failure or major electrical issue right after takeoff.
After watching a few YouTube videos on this, airliner pilots are suspecting incorrect flaps config based on the available footages online.

Are you sure the photo you posted is of the fatal crash? Based on the perspective, the still is not from the available footages.

Not saying the flaps were the cause, as loss of engine thrust is also likely, or a combination of issues which is common in crashes.


 

supercat

Colonel
China's track record is that they have caved to Trump many times before in the first term. They did the trade deal with Liu He that was completely unequal. They did the ZTE deal. This time the 30 vs 10% deal is also unequal.

Even if in the long run China has gained by adapting to US actions but the fact of the matter is China keeps bowing down to US atleast publicly. That's not good.
You can't compare the current situation with the first trade war. China wasn't prepared then, and the negotiation team represented China's dove faction toward the US. It's different this time around. For example, export controls of China's rare-earth products will be extensive.

China demands sensitive information for rare earth exports, companies warn​

Extensive licensing requirements raise concerns about intellectual property theft
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US Treasury Secretary won't commit to sharing China trade agreement details
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Let me guess: no detailed deals have been reached yet. Had Trump's rosy tweet been true, protests would probably have broken out in the streets of China already. I suspect the negotiations have a long way to go.

New China Trade ‘Deal’ Takes U.S. Back to Where It Started​

If a handshake agreement holds, it will merely undo some of the damage from the trade war that President Trump started.
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Prof. Yuan Longping's African student came to China to pay tribute.

"The Boss" admits that Taiwan is no match for China.

Amazing infrastructure in India:
 

FriedButter

Brigadier
Registered Member
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Trump says U.S. will have ‘golden share’ in U.S. Steel after Nippon deal​

President Donald Trump said Thursday that the U.S. will have a “golden share” in U.S. Steel after its deal with Japan’s Nippon Steel closes.

“We have a golden stock. We have a golden share, which I control, or the president controls,” Trump told reporters in the East Room of the White House. “That gives you total control.”

Trump said Americans would have 51% ownership of U.S. Steel without providing details on how the deal is structured.

Pennsylvania Sen. Dave McCormick told CNBC last month that the U.S. will have a golden share that allows it to control a number of U.S. Steel board seats to ensure production levels aren’t cut.

“It’s a national security agreement that will be signed with the U.S. government,” McCormick told CNBC’s “Squawk Box” on May 27.

But the White House, U.S. Steel and Nippon have left investors and union members in the dark for weeks now on what shape the deal will take and when it will be finalized.

Trump announced what he called a “planned partnership” between the two companies on May 23. The president’s statement created confusion because U.S. Steel has said since December 2023 that it will become a wholly owned subsidiary of Nippon North America.

Trump had ordered a new review of the deal in April after President Joe Biden blocked the transaction in January. The Committee on Foreign Investment in the United States submitted a recommendation to Trump on May 21.

The president had 15-days to make a decision on the committee’s recommendation under the normal rules governing the process. But the White House, U.S. Steel and Nippon have not provided details on the status of the deal since the 15-day period ended last week.

The United Steelworkers union sent a letter to U.S. Steel last Friday demanding details about the deal.

“We have seen nothing credible regarding the nature of this so-called partnership, including whether it meaningfully differs from Nippon’s initial proposal to acquire U.S Steel and make it a wholly owned subsidiary,” the union said in a statement Friday addressed to its members.

Trump said U.S. Steel will be “controlled by the USA” during a rally at one of the company’s plants in West Mifflin, Pennsylvania on May 30. Shortly after the rally, however, the president said the deal had not been finalized yet.

“I have to approve the final deal with Nippon, and we haven’t seen that final deal yet,” Trump said.
Americans would have 51% ownership of U.S. Steel

So the Japanese will pay an premium to buyout an company in where they don’t control it.
 
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