Tensions
- Business News
Rising Red Sea tensions to spike freight rates warns EconThai
Global supply chains are bracing for further potential disruptions, as rising tensions in the Red Sea are projected to escalate freight rates in February, according to the Employers’ Confederation of Thai Trade and Industry (EconThai). The organisation has already noted an increase in freight rates by 1.89 to 2.42 times, a trend expected to persist should the tensions continue. Tanit…
- World News
Blinken likely to reschedule China visit amid easing tensions
A rescheduled visit to China by US Secretary of State Antony Blinken is anticipated in the coming weeks, as both nations attempt to ease tensions. Blinken’s initial trip in February was cancelled after the US detected and subsequently shot down a Chinese espionage balloon over its territory. However, recent talks in Beijing involving senior US officials, including Daniel Kritenbrink, the…
- World News
Chinese fighter’s aggressive move risks collision with US aircraft
An American surveillance aircraft encountered an “unnecessarily aggressive manoeuvre” by a Chinese fighter pilot over the South China Sea last week, according to the US military. This incident, which the Pentagon claims is indicative of China’s pattern of behaviour, comes amid heightened tensions between Washington and Beijing over issues such as Taiwan and an alleged Chinese spy balloon shot down…
- Politics News
China snubs US invitation for defence meeting in Singapore
China rejected a US proposal for a meeting in Singapore between Defence Secretary Lloyd Austin and his Chinese counterpart Li Shangfu, according to the Pentagon. The refusal to engage in military-to-military discussions raised concerns but the US Department of Defence remains committed to pursuing open lines of communication with the People’s Liberation Army. Pentagon spokesman Brigadier General Pat Ryder said……
