China has actually increased its pace of deep sea surveys in the South China Sea, fretting other countries and claimant states. Specialists state that the mapping of the sea flooring is a pressure method in challenged waters and might assist China’s Navy in keeping track of submarine traffic. China has the world’s biggest fleet of […]

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The Indonesian foreign minister stated Thursday there was “no reason to negotiate” as she declared Jakarta’s position that it has no overlapping claims with Beijing in the South China Sea, days after Indonesia sent out the U.N. chief another letter on the subject. The diplomatic letter to United Nations Secretary- General António Guterres, dated June […]

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The U.S. Embassy in Seoul, South Korea, unfurled a banner reading “Black Lives Matter” throughout its structure and posted on social media Saturday that it stood “in solidarity with fellow Americans grieving and peacefully protesting to demand positive change.” The U.S. Embassy stands in uniformity with fellow Americans grieving and in harmony objecting to require […]

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The Philippines inaugurated a beaching ramp on Pag-asa Island on Tuesday, with authorities explaining it as the first of numerous upgrades on the area that Manila claims in South China Sea waters near where Beijing has actually developed military stations. The ramp is a concrete pier that will enable ships to dock on Pag-asa, Philippine […]

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The Gwangandaegyo or Diamond Bridge in Busan, SouthKorea Source: Adobe/Tom. The South Korean main bank has actually declared its digital currency strategies– however continues to add disclaimers, refusing to commit to releasing a digital version of its won fiat currency. Per paper Hankyoreh, the main Bank of Korea (BOK) has actually launched a method file […]

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Indonesia on Friday declined a Chinese offer for settlements on the South China Sea, as Jakarta restated that it had no overlapping claims with Beijing in its special financial zone. The Chinese federal government, in a letter to U.N. Secretary- General António Guterres on Tuesday, acknowledged it had no territorial disagreement with Indonesia however stated […]

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Reports of Chinese strategies to declare an Air Defense Recognition Zone over the contested South China Sea have actually resurfaced in news media amidst increasing stress in the area. Professionals stay doubtful that China would take such an intriguing, hard-to- impose procedure. The South China Morning Post reported today that China has actually prepared for […]

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Source: Adobe/Henning Marquardt. The South Korean federal government might introduce capital gains tax on crypto earnings– and may reveal its propositions as early as next month. Per a report from Digital Today, the South Korean Ministry of Economy and Financing is seriously thinking about enforcing the exact same sort of tax guidelines on crypto earnings […]

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Indonesia added its weight to current diplomatic relocations by ASEAN members opposing Beijing’s claims in the South China Sea, sending out an unusual diplomatic note to the head of the United Nations previously today. The letter, sent out to U.N. Secretary- General António Guterres on Tuesday, defined the Indonesian federal government’s assistance for a 2016 […]

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China states it is nearing conclusion of a 450- foot-long search and rescue ship, the biggest such vessel in its fleet, that will get in service with the Ministry of Transportation’s South China Sea Rescue Bureau. The ship will overshadow coastguard vessels from other countries in those contested waters, where mishaps at sea are progressively […]

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