It would appear that the US is seriously worried about China’s technological advancements. Fearing the loss of the last comparative advantage over the Asian superpower has caused a genuine concern over national defense and competitiveness among America’s ruling elite.
The US using every possible means to curb Asia’s technological rise, including the banning of sales of essential chips to ZTE for seven years, invoking Section 301 of the Trade Act to investigate China’s “unfair trade practices” and barring investment in the information-technology sector. The Donald Trump administration’s target might be the Asian power’s “Made in China 2025”, a strategy meant to make China self-sufficient in an array of technologies.
The 301 investigation was meant to slow down China’s technological advancements by imposing stiff tariffs on a host of Chinese imports and barring the sales of US technology to Chinese firms. In addition, the anti-China faction of the US Congress and the Trump administration have barred Chinese investment in technology sectors. Continue reading
World Socialist Web Site Is Still Pushing The ‘Blue Wave’ Narrative For The Mid-Term Election.
WikiLeaks co-founder Julian Assange shared a report that says the Deep State is flooding into the ranks of the Democratic Party in an effort to help sway the mid-term elections in November. Continue reading
The former US Navy Secretary insists that the main weakness in Navy preparedness is a painfully slow weapons procurement system
Former US Navy Secretary John F. Lehman has warned in an exclusive interview with Asia Times that the US faces the danger of a “New Pearl Harbor from growing cooperation between China, Russia and Iran that is marked by increased military and technology sharing.
“China, Russia and Iran are doing joint naval exercises and they are sharing anti-aircraft and antisubmarine technology,” Lehman said. “They don’t have to be allies. They figure if they carry out their designs in co-ordinated fashion that this will stretch the US so thin that we can’t deal with it — and that is the worry right now.” Continue reading
In an interview with FOX News Channel host Sean Hannity, The Hill’s John Solomon and Quora’s Sara Carter said the former secret FBI informant, William Campbell, has a lot to say and show Congress when he finally gets to testify. Continue reading
Any doubts about Russia’s militarily significant violation of the 1987 Intermediate-Range Nuclear Forces Treaty were largely dispelled by Moscow’s military chief this month.
Gen. Valery Gerasimov, chief of the general staff, told Russian state media that units with precision-guided missiles with ranges of up to 2,485 miles are in place.
“We have formed command bodies and special units to plan the use of long-range precision-guided munitions and prepare flight assignments for all types of cruise missiles,” Gen. Gerasimov said during a meeting of Defense Ministry officials on Nov. 6. Continue reading
Iran will not renegotiate landmark accord
Senior Iran leaders praised the North Korean regime this weekend and claimed the Islamic Republic is encouraged to follow Pyongyang’s nuclear pathway following the Trump administration’s decision last week to decertify Iranian compliance with the landmark nuclear agreement. Continue reading
Congress was warned Thursday that North Korea is capable of attacking the U.S. today with a nuclear EMP bomb that could indefinitely shut down the electric power grid and kill 90 percent of “all Americans” within a year.
At a House hearing, experts said that North Korea could easily employ the “doomsday scenario” to turn parts of the U.S. to ashes.
In calling on the Pentagon and President Trump to move quickly to protect the grid, the experts testified that an explosion of a high-altitude nuclear bomb delivered by a missile or satellite “could be to shut down the U.S. electric power grid for an indefinite period, leading to the death within a year of up to 90 percent of all Americans.”
France’s President Emmanuel Macron declared Wednesday that the Iran nuclear deal is no longer a sufficient safeguard against the growing power that Tehran wields in its region.
“We need the 2015 accord,” he said of the agreement. “Is this accord enough? It is not, given the growing pressure that Iran is applying in the region.”
Macron was speaking in New York on the sidelines of the UN General Assembly, while ministers from Iran the six world powers that signed the accord met to discuss it. Continue reading
The heated debate in South Korea over redeploying U.S. nuclear weapons on its territory has now reached Washington. A senior delegation of South Korean lawmakers is in town making the case to the Trump administration and Congress that such a move is needed to confront North Korea’s growing nuclear capability and place more pressure on China.
“We are here to ask for redeployment of tactical nuclear warheads in South Korea,” Lee Cheol Woo, the head of the intelligence committee of South Korea’s National Assembly, told me Thursday morning. Continue reading
Controversial billionaire George Soros will spend more on the 2018 midterm elections than in any previous one.
In 2010, the Supreme Court ruled in Citizens United v. Federal Election Commission that corporations, unions, and certain nonprofits should be allowed to raise and spend unlimited amounts of money to advocate for and against political candidates.
Since then, Soros has raised $5 million for Democratic politicians in midterm elections.
Specifically, Soros took advantage of this ruling by using his Open Society Foundation (OSF) as a major contributor hub for the politicians and legislative proposals he liked best.
Congress demands investigation, imposition of new sanctions
New photographs obtained by congressional leaders show Iran shipping militant soldiers to Syria on commercial airline flights, a move that violates the landmark nuclear agreement and has sparked calls from U.S. lawmakers for a formal investigation by the Trump administration, the Washington Free Beacon has learned.
Photographs published by a Washington, D.C., think-tank and provided to Congress show Iran using its flagship commercial carrier, Iran Air, to ferry militants to Syria, where they have joined the fight against U.S. forces in the region. Continue reading
Forty years ago, in the wake of the Arab oil embargo that made the United States acutely aware of just how dependent its economy was on imported crude, the government set up the Strategic Petroleum Reserve in a bid to make sure there were no repeats of the painful shortages the embargo caused.
Now, there are about 700 million barrels in the SPR. The U.S. is producing 9.42 million barrels daily, as of the week ending August 4th, a figure that is set to continue rising as shale producers keep on pumping more. Imports as of last week averaged 7.8 million barrels daily, with the four-week average at 8 million bpd. This means that the SPR holds crude oil equal to 40 days of local production plus imports. Continue reading
Having battled through the travails of an ever-tightening sanctions regime and a prolonged economic downturn, which in most cases led to a freezing up or lowering of expenditures and the adoption of a very risk-averse investment strategy, Russian companies are now destined to embark upon a new expansion, this time in the Middle East. With the recently imposed U.S. sanctions further impacting Russia’s ability to form partnerships with Western majors, Iran, Iraq and possibly even Syria will become the new hub of Russian oil-related investments. Immensely rich in oil, yet lacking the funds necessary to exploit it, virtually unsanctionable for any potential cooperation with Russian companies (even sanctions vis-à-vis Iraq are implausible given the ongoing fight against the Islamic State) and brought ever closer together politically on the back of recent developments in the region, the Middle East-Russia axis is bound to get stronger with time. Continue reading
Late on Friday, Congressional negotiators reached a deal to advance a bill that would punish Russia for its interference in the 2016 election and restrict the president’s power to remove sanctions on Moscow, according to the WSJ. The measure, if signed into law, will also give Congress veto powers to block any easing of Russian sanctions by the president. And while it remained unclear if President Donald Trump would sign the bill if it reaches his desk, which is now likely, the loudest complaint about the bill to date has emerged noe from the Oval Office, but from Brussels, after the EU once again urged (and warned, and threatened) US lawmakers to coordinate their anti-Russia actions with European partners, or else. Continue reading
Philippines President Rodrigo Duterte has fired back at US senators who criticized abuses during his ‘war on drugs.’ While the US lawmakers opposed any possible trip by Duterte to America, the leader said he had no intention of visiting the “lousy” country.
“There will never be a time that I will go to America during my term, or even thereafter,” Duterte said on Friday, as quoted by Reuters. Continue reading