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Daughter of Thai heavyweight Thaksin calls central bank independence an ‘obstacle’

3 May 2024

BANGKOK (Reuters) – The politician daughter of Thailand’s influential former premier Thaksin Shinawatra on Friday said the central bank’s independence was an “obstacle” in resolving economic problems, the latest salvo in an ongoing row over interest rates.  Paetongtarn Shinawatra, the leader of the ruling Pheu Thai party, was weighing in on a disagreement since last …

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Missile defence successes in Gulf, Ukraine fuel global urgency to acquire systems

3 May 2024

By Gerry Doyle (Reuters) -The success of ballistic missile defences facing their first complex, high-stakes combat scenarios in Israel, the Red Sea and Ukraine will encourage militaries globally to invest in the pricey systems, experts say – and intensify missile arms races. Iran launched as many as 120 intermediate-range ballistic missiles at Israel on April …

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Magnitude 6.0 quake strikes Philippines, aftershocks and damage expected

3 May 2024

MANILA (Reuters) – A magnitude 6.0 earthquake struck off the island province of Leyte in central Philippines on Friday, with damage and aftershocks expected, its seismology agency said. The German Research Centre for Geosciences (GFZ) recorded the quake at a magnitude of 5.9 and said the depth was 10 km (6.21 miles). There were no …

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Stay alert: Quake warning app demand surges in earthquake-rattled Taiwan

3 May 2024

By Yimou Lee and Angie Teo TAIPEI (Reuters) -Earthquake warning smartphone apps have surged in popularity in Taiwan due to high demand from people eager to get a few extra seconds to take cover after more than 1,300 aftershocks rattled the island in the past month following a large temblor. Taiwan’s east coast was struck …

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Bus falls into ravine in Pakistan’s far north, killing 20

3 May 2024

By Mushtaq Ali PESHAWAR (Reuters) – A bus veered into a ravine in Pakistan’s far north early on Friday, a local government spokesman said, killing 20 passengers, while 21 injured were rescued and taken to hospital. The bus was headed to the mountainous northern area of Gilgit-Baltistan from the garrison city of Rawalpindi in Pakistan’s …

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Philippine ship damage, injury to crew ‘irresponsible behaviour’, says US Defense Secretary

3 May 2024

By Phil Stewart HONOLULU (Reuters) – Damage to Philippine vessels and injuries to their crew in the South China Sea is “irresponsible behaviour” in disregard of international law, U.S. Defense Secretary Lloyd Austin said on Thursday, weighing in on the latest flare-up involving China. Manila and Beijing have traded barbs almost daily since Tuesday’s confrontation …

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Taiwan says Chinese planes crossed median line, China carries out landing drills

3 May 2024

By Ben Blanchard TAIPEI (Reuters) -Taiwan’s defence ministry said on Friday it had detected a renewed incursion by Chinese military aircraft across the sensitive Taiwan Strait, as China reported its navy had carried out combat drills with landing craft. Over the past four years, China’s military has significantly ramped up its activities around democratically-governed Taiwan. …

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Xi’s trip to Europe may lay bare West’s divisions over China strategy

3 May 2024

By Laurie Chen and Michel Rose BEIJING/PARIS (Reuters) -Chinese President Xi Jinping heads to Europe for the first time in five years next week in a visit that may lay bare European divisions over trade with Beijing and how the continent positions itself as a pole between the United States and China. Xi travels to …

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Russia calls claim about its alleged military ties with North Korea inaccurate

2 May 2024

MOSCOW (Reuters) – Russia said on Thursday that Western claims that it was cooperating militarily with North Korea were inaccurate and said its relationship with Pyongyang was neither directed against third countries nor threatening to the security of the region. Reuters on April 25 reported from Washington that China was providing moorage for a U.S.-sanctioned …

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