News 

Why China sees Myanmar’s Rohingya crisis as an opportunity

“Before the West started paying real attention to the Rohingya crisis, Myanmar’s democratic transition was something of a cause celebre” writes Tom Harper for businessinsider.com. So as far as China is concerned, the ongoing Rohingya crisis is just one of many developments in Asia where it has key interests at stake. Source: businessinsider.com Share This:

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China’s ‘warning shot,’ U.S. moves signal possible trade war

“And with his trade and economic team now largely in place, including U.S. Trade Representative Robert Lighthizer, Trump wants fundamental changes in China trade, not incremental improvements” writes Los Angeles Times for seattletimes.com. For years, one bright spot in the United States’ huge trade imbalance with China has been Beijing’s soaring appetite for American agriculture.His administration has signaled that Chinese investments in the United States will find it harder to win approval.And that could be just the beginning, if President Donald Trump follows through on his oft-repeated promise to get…

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News Oil 

The Unprecedented East China Sea Oil Spill

“While it might seem that all oil spills would at least be similar, in this case that is not true” writes Alexis C for theatlantic.com. Because the Sanchi was not carrying crude oil, but rather condensate, a liquid by-product of natural gas and some kinds of oil production.According to Alex Hunt, a technical manager at the London-based International Tanker Owners Pollution Federation, which assists with oil spills across the world, there has never been a condensate spill like this. Source: theatlantic.com Share This:

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Crypto News 

Latest bitcoin updates as cryptocurrencies recover

“The Independent’s bitcoin group is the best place to follow the latest discussions and developments in cryptocurrency” writes Andrew Griffin for independent.co.uk. Click here to get the latest Bitcoin rates and start trading.We’ve teamed up with cryptocurrency trading platform eToro.Its price is expected to continue to fluctuate unpredictably, and this live blog will be regularly updated with the latest news and significant changes. :: The Independent’s bitcoin group is the best place to follow the latest discussions and developments in cryptocurrency. Source: independent.co.uk Share This:

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News Oil 

The World Has Never Seen an Oil Spill Like This

“While it might seem that all oil spills would at least be similar, in this case that is not true” writes Alexis C for theatlantic.com. Because the Sanchi was not carrying crude oil, but rather condensate, a liquid by-product of natural gas and some kinds of oil production.According to Alex Hunt, a technical manager at the London-based International Tanker Owners Pollution Federation, which assists with oil spills across the world, there has never been a condensate spill like this. Source: theatlantic.com Share This:

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Trump is ‘determined to bite somebody, and China is the most likely target,’ trade expert says

“A year after President Donald Trump took office, the United States’ trade deficit with China looms larger than ever” writes Huileng Tan for cnbc.com. Tu Guangshao, vice chairman and president of China Investment Corporation said he expects “trade friction,” but not a “serious trade war,” between the two major economies.Experts in China are also widely expecting trade tensions to ratchet up. Any broad-based action could be detrimental for both sides, as trade between the world’s two largest economies has been growing in spite of differences — China is America’s largest…

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World’s Confidence In US Leadership Under Trump At New Low, Poll Finds

“Global confidence in US leadership has fallen to a new low, and the country now ranks below China in worldwide approval ratings, according to a new Gallup poll” writes Julian Borger for theguardian.com. One of the sharpest declines in confidence in US leadership was in the UK, where it dropped by 26 percentage points. Source: theguardian.com Share This:

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