Miscellaneous News

[Atomicfrog]

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Surprising that it was not identified as a Russian bear...

 

[Overbom]

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Malaysia’s EU palm-oil export ban: an empty threat it can’t afford or a way to ‘fight discrimination’?​

• Observers say European buyers are ‘terribly important’ for the industry, as one insider cautions that a boycott is ‘not the correct approach’
• Still, Malaysia is calling on Indonesia to join its proposed export ban in response to new EU anti-deforestation rules that both see as protectionist

Malaysia has threatened to ban palm oil exports to the European Union in retaliation for the bloc’s new regulations aimed at curbing deforestation, despite warnings about the short-term economic damage such a boycott could cause.

Malaysian Deputy Prime Minister Fadillah Yusof, who is also the plantation and commodities minister, has called the new rules a way of blocking market access for palm oil and said he would discuss with Indonesia – the world’s largest producer – about halting shipments to the EU when he visits the neighbouring country as early as this month.

Indonesian President Joko Widodo pledged last week during a state visit by Malaysia’s Prime Minister Anwar Ibrahim that the two countries would “fight discrimination against palm oil”.

 

[emblem21]

https://twitter.com/i/web/status/1615699109452840961

Damn, Kim sound pretty based with that joke.

Funny thing is that one of them still has a job and the other is currently losing weight on a job that pays much less then the one he would’ve got if he wasn’t such a China hater

 

[getready]

Nah, nothing to do with the US. If you know a bit of NZ's history, you would know that NZ has been standing against the US the most amongst western countries. Her resignation is 100% due to domestic issues and politics.

I don't know much about NZ history standing up to US, I do know these are special times with US fighting a cold war against china. Even her much bigger neighbour has succumbed to US completely. Both US and Aus have exerted huge pressure on her. She even attended a secretive meeting in US earlier on.

She may be headed for defeat but to me she isn't the type of person to just surrender without even trying unless it is about going against the US and their gang which will be very draining even for her.

 

[Maikeru]

Guys don't over think about Ardern's resignation. She's not been popular in NZ for a while now. Her party Labour has failed to delivery all the major election promises for over 5 yrs. The economy is in a bad shape and business confidence is at 50 yr low. Labour has been doing poorly in the polls. She simply saw the writing on the wall and quitted early.

As for any new PM or after the Oct election later this year, I wouldn't worry too much, kiwis are pragmatic and we're too dependent on trading with China. Any PM won't last long if they toe the US line too much at the expense of the economy.

When I was doing CFD trading/spread betting a few years back a Kiwi told me that the value of the NZ$ was basically determined by the price of milk products in China.

 

[In4ser]

Funny thing is that one of them still has a job and the other is currently losing weight on a job that pays much less then the one he would’ve got if he wasn’t such a China hater

Nah he’s got a book deal, they launder money that way. No one really buys those things but it’s hard to track so they can claim large sales regardless…

 

[pmc]

After Korea this time Kazakhstan in UAE for investment conference. Gulf Arabs with strong lobbying efforts attract deals with US and EU business that make them attractive partners for alot of countries. there is also talk Israel-UAE-S Korea tech alliance.
Qatar brought Munich Security Conference to Doha.

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[Abominable]

Assembled in India with China-made parts... LOL

Background​

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written

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on

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of Apple’s dependence on China, as well as on

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the company faces in addressing this.

The

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made even clearer the risks of the company having most of its manufacturing eggs in one basket. Recent COVID-19-related disruption at the

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was estimated to have cost the company a

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.

India is seen as Apple’s main hope when it comes to relocating production outside of China. A report last year suggested that

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, and another one this week indicated that

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.
But a new report suggests that Apple’s relationship with China could remain as intertwined as ever for at least another couple of decades.

​

What happens when China imposes export tariffs on phone components to India for having a hostile foreign policy?

 

[9dashline]

Nah he’s got a book deal, they launder money that way. No one really buys those things but it’s hard to track so they can claim large sales regardless…

NFT was all about money laundering for the Uber rich too

 

[FriedButter]

Funny thing is that one of them still has a job and the other is currently losing weight on a job that pays much less then the one he would’ve got if he wasn’t such a China hater

I know everyone wants to make fun of his salary but let’s be realistic here. Does anyone think he actually works a 9 to 5 job at the think tank. Probably comes into the office once every month for 1 hour for a “meeting” with the CEO in the break room.