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#china

455 posts301 participants48 posts today
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Alo Japan

alojapan.com/1296589/hong-kong Hong Kong flights to 2 Japanese cities cut over sluggish tourism and quake fears #aviation #bangkok #China #ChishimaTrench #DaNang #Hokkaido #HongKongAirlines #Japan #JapanTourism #june #Kagoshima #Kumamoto #KumamotoCastle #MountSakurajima #Nagoya #Naples #Taipei #tourism #transport Hong Kong Airlines is set to cancel flights to Kagoshima and Kumamoto in Japan in July and August, citing sluggish demand for tourism in the country, while flight…

Hong Kong flights to 2 Japanese cities cut over sluggish tourism and quake fears
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Putin's IBS

◾️ Space:
In 2024, #Russia launched only 17 rockets into space. By comparison, the #USA launched 152 rockets, and #China launched 65. A place in the top three with a score of 17 is little consolation, especially considering that #New_Zealand launched 13 rockets in 2024.

Under international sanctions, #Russia can not purchase expensive microchips and other necessary equipment.

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Putin's IBS

◾️ Oil:
Due to sanctions, #Russia has lost its rich #Western markets and is forced to sell oil to #China at bargain prices.

Currently, #Russian oil is sold in the ports of #Primorsk and #Novorossiysk for approximately $47-49 per barrel, which is significantly lower than the budgeted figure of $69.7. As a result, #Russia's annual oil and gas revenues could fall by up to 30%, or $30-40 billion, which is almost equal to the entire #Russian budget deficit for the current year.

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Nonilex

It remains unclear whether the truce will hold—or crumble like one struck in May did. Even if the agreement does prove durable, its big accomplishment appears to be merely returning the countries to a status quo from several months ago, before #Trump provoked tensions w/ #China in April by ramping up #tariffs on goods it produces.
“It seems like we’re negotiating in circles,” said Myron Brilliant, a senior counselor at DGA-Albright Stonebridge Group & fmr exec VP of the #US Chamber of #Commerce.

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Nonilex

After 2 days of tense negotiations, the #UnitedStates & #China appear to have walked back from the brink of a devastating economic conflict — maybe.

Officials from the 2 countries reached a handshake agreement in the early hours of Wednesday in London to remove some of the harmful measures they had used to target each other’s economies as part of a clash that rapidly intensified in recent months.

#Trump#TACO#economy
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