Miscellaneous News

Bellum_Romanum

Brigadier
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:( Maguindanao province, grenades followed by gunfire. Looks like the troublemakers making their mark.

Three security guards were killed Monday when gunmen opened fire at a polling station in a restive region of the southern Philippines, police said, as millions of Filipinos voted in national elections.

The deadly shooting happened shortly after voting got under way in Buluan municipality on Mindanao island.

Former mayor Ibrahim Mangudadatu told AFP that people inside the school being used as a polling station ran for cover when the shooting started.

A fourth guard was wounded in the attack, said Maguindanao provincial police spokesperson Major Roldan Kuntong.

It came after five grenades exploded outside a polling station in Datu Unsay municipality late Sunday that left nine people wounded.

Minutes after that attack, a grenade exploded in the neighboring municipality of Shariff Aguak, but there were no casualties.

Both of those towns are also in Maguindanao province.

Police said the grenade victims had walked from their remote mountain villages to cast their votes at the municipal hall in Datu Unsay when polling stations opened across the country on Monday morning.

"It is their custom to come down early from their villages, which are located eight to 12 hours away on foot," said Kuntong.
If there's no killings or election related deaths every Presidential elections then that's not how the Philippine elections is like that's just the plain truth. That's why the Army, Philippine National Police (PNP) and just about every single security apparatus in that country is activated to ensure a relative safe election for the majority of people.

The tragic deaths of those guards and the article published on Global times doesn't tell you the whole picture the complexities, nuances from the people involved in that killing. It's a complicated and dangerous environment altogether. In other words, there's more than meets what the headline tells you.
 

Overbom

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South Korea is “positively considering” joining an Indo-Pacific economic pact planned by the United States, a government official said on Monday, after domestic media said the incoming administration had decided to join as a founding member.
The Indo-Pacific Economic Framework (IPEF) could launch as soon this month, to fill a gap in engagement with the region since 2017, when then President Donald Trump quit a multinational deal that became the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
The launch is expected after a visit from May 20 to 24 by President Joe Biden to Japan and South Korea, where Yoon’s incoming administration has signalled it seeks closer alignment with the US-led trade and diplomatic order.
Participation in the pact was one of the aspects considered in the reviews performed by Yoon’s transition team, added the official, who declined to confirm the media report, however.
 

AndrewS

Brigadier
Registered Member
This rests on the assumption that demand for Chinese products or supply from sources outside China are elastic. Neither are elastic. China essentially has a monopoly on industry at this historical juncture, as a supplier it is absolutely irreplaceable. Numbing American consumers with affordable Chinese exports is basically the only thing keeping America even remotely politically stable, and that might be failing anyway through no fault of China's.
In the long-run, the non-China supply of manufactured goods is elastic as alternative factories will open to cater to demand.

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In the short-run, remember that the USA doesn't actually produce much stuff at a competitive price to export to China.

For any manufactured good, Chinese-based factories are or will be more competitive than any American factory. China is still a middle-income country with a lower cost base AND produces everything on a much larger scale than the USA.

And there is a limit to how much in the way of commodities and services the US can effectively export to China.

In 2021, the US imported $506 Billion from China, but the US only exported $151 Billion to China.

So when you propose that China only accepts RMB from the US, it means the US will have to cut back on China purchases by almost $300 Billion, because they have no way to accumulate enough RMB to cover their imports. The US would have to shrink dollar spending by a factor of 3.

And that assumes the USD-RMB exchange remains the same, whereas the reality is that the the RMB will strength and the USD will weaken.
That should increase US exports to China, but I don't expect this to be a lot because of the factors outlined above.

From the perspective of Chinese exporters who see costs/revenues in RMB, a stronger RMB means they might see 5x less RMB coming in from the USA.

Then the logical workaround is for companies to setup foreign factories to circumvent this requirement.

I think this topic is worth having its own thread if you want to get it started, as it does get very technical and not many people actually understand the consequences of sanctions, currency wars and trade wars (which includes Trump and also the current administrations in the US and Europe)
 

Topazchen

Junior Member
Registered Member
I think the idea would be to develop these countries so they are more resistant to regime change. Even if it happens and Chinese assets are at risk, you're more likely to recover them from Kenya than America for example.

The only issue is that it'll take decades for some countries to get to even middle income status. Its a long term solution rather than a short term one.
How would these developing countries be resistant to regime changes when CIA is able to influence election outcomes in developed democracies like Germany, South Korea and Australia?
 

AndrewS

Brigadier
Registered Member
How would these developing countries be resistant to regime changes when CIA is able to influence election outcomes in developed democracies like Germany, South Korea and Australia?

It's a lot more difficult to influence a richer country than a poorer country.

Particularly if that country has extensive trade ties to China.
 

Overbom

Brigadier
Registered Member
How would these developing countries be resistant to regime changes when CIA is able to influence election outcomes in developed democracies like Germany, South Korea and Australia?
The answer is that far more needs to be done to make countries resistant to regime changes.

I think SCO should be the primary organisation that advance this. Should establish a framework on dealing with journalism, media, NGOs, foreign-funded activities, social activism, cyber-sphere, information warfare etc
 
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