Recent Posts

Gambia’s Parliament extends leader’s stay in power 3 months

  BANJUL / AP Gambia’s Parliament has voted to extend President Yahya Jammeh’s term in office for three months, even as his mandate was set to end Thursday, state television said on Wednesday. The extension takes effect immediately. The announcement came a day after Jammeh declared a three-month state of emergency as he seeks to stay in power despite losing elections ...

Read More »

China calls on US to bar Taiwan from Trump inauguration

  BEIJING / AP China on Wednesday called on the US to bar a Taiwanese delegation from attending Donald Trump’s inauguration on Friday, underscoring concerns that the incoming president could seek to redefine relations between Beijing, Taipei and Washington. Foreign Ministry spokeswoman Hua Chunying said the request had been passed to Trump’s transition team and to the current administration of Barack ...

Read More »

China’s yuan woes get worse

  In the first week of 2017, the offshore yuan surged by a record amount against the U.S. dollar over two days, interbank borrowing costs soared and volatility intensified. The following week, pretty much everything reversed. It’s a familiar pattern that exemplifies the contradictions bedeviling China’s currency. Policy makers have expended much effort trying to internationalize the yuan, notably by ...

Read More »
Send this to a friend