20 h. ago Fighting back: Beijing builds its own ‘small yard, high fence’ to shut out US tech

“Small yard, high fence” was how Jake Sullivan, national security adviser under President Joe Biden, described US tech policy towards China. The approach, designed to fence off sensitive US technologies from China, was most commonly associated with export controls that, among others, restricted Chinese firms’ access to Nvidia’s advanced chips, the critical inputs for developing cutting-edge artificial intelligence systems. Beijing is now fighting back by taking a leaf out of that playbook. For...

Politics

7 d. ago How the US raid in Venezuela has triggered Brazilian fury and a Chinese opening

Last weekend, following the US military operation in Venezuela abducting its leader, Nicolas Maduro, Brazil’s president denounced the attack as a “flagrant violation of international law” and having “crossed an unacceptable line”. “These acts represent a grave affront to Venezuela’s sovereignty and yet another extremely dangerous precedent for the entire international community,” Luiz Inacio Lula da Silva wrote on social media. Lula, who said attacking countries was “the first step towards a...

Politics

9 d. ago Macron slams US for ‘breaking free’ from global rules after Maduro raid, Greenland threat

French President Emmanuel Macron said on Thursday that the United States was “breaking free from international rules”, and “gradually turning away” from some of its allies. Macron delivered his annual speech to French ambassadors at the Elysee Palace as European powers are scrambling to come up with a coordinated response to US assertive foreign policy in the western hemisphere following Washington’s capture of Venezuela’s leader Nicolas Maduro and Donald Trump’s designs on Greenland. “The...

Politics

1 week ago Will Donald Trump’s threats to Greenland help bring China and Europe closer together?

Donald Trump’s renewed threats to take over Greenland could pose a direct challenge to China’s ambitions in the Arctic, but some observers say it may also open the door to increased cooperation with Europe. Following the abduction of Venezuela’s former leader Nicolas Maduro, the White House swiftly turned its attention towards the self-governing Danish territory, adding that “of course, utilising the US military is always an option at the commander-in-chief’s disposal”. On Sunday, the US...

Politics

1 week ago The Maduro effect: US raid accelerates Asia’s drift away from Washington

The United States’ dramatic abduction of Venezuela’s former leader Nicolas Maduro at the weekend has sent shock waves across Asia, where analysts say authoritarian rulers, now deeply wary of Washington’s erratic behaviour, are likely to draw closer to Moscow and Beijing. US special forces stormed Maduro’s residence in Caracas early on Saturday morning, seizing him and his wife before flying them to the US, where both face federal charges of narcoterrorism and drug trafficking. Washington has...

Politics

1 week ago China’s sensitive technology at risk after Trump abducts Venezuela leader Maduro

China risks losing access to satellite tracking stations and other sensitive technology infrastructure in Venezuela after the United States seized control of the country’s leadership and transferred its president Nicolas Maduro to New York for trial. Beijing’s embedded assets – from satellite ground stations to oilfield systems and telecommunications networks – could be compromised after US President Donald Trump said Washington would “run” Venezuela and “fix oil infrastructure” in the country...

Politics

1 week ago China’s sensitive technology at risk after Trump abducts Venezuelan leader Maduro

China risks losing access to satellite tracking stations and other sensitive technology infrastructure in Venezuela after the United States seized control of the country’s leadership and snatched its president, Nicolas Maduro, taking him to New York for trial. Beijing’s embedded assets – from satellite ground stations to oilfield systems and telecommunications networks – could be compromised after US President Donald Trump said Washington would “run” Venezuela and “fix oil infrastructure” in the...

Politics

1 week ago US attack on Venezuela ‘death certificate’ for UN, will trigger global arms race: analyst

The American attack on Venezuela on Saturday could further undermine international institutions and accelerate a global arms race, analysts warned, with one likening Washington’s actions to issuing a “death certificate” for the United Nations. On Saturday, in a surprise precision operation, the US military struck Venezuela and captured its leader Nicolas Maduro and his wife, who were later placed in detention in New York. President Donald Trump later said the US would run the South American...

Events

1 week ago Asian economies to face volatile oil prices over Venezuela, US plans for Caracas

Asian economies face the risk of renewed volatility in oil prices this year as analysts say the US capture of Venezuela’s leader Nicolas Maduro and uncertainty over Washington’s plans for the oil-rich South American country may unsettle investor sentiment. On Monday morning, Benchmark Brent crude opened about 1.2 per cent lower near US$61 a barrel, before falling further to US$60.54 in the early afternoon, while US West Texas Intermediate crude declined by 0.5 per cent to US$57.04 a barrel. The...

Economics

1 week ago Venezuela crisis: how Trump’s ‘Donroe’ doctrine could challenge China’s Latin America ties

China’s influence in Latin America may be significantly tested by the US revival of the Monroe Doctrine, as Washington’s attack on Venezuela is set to have a chilling effect on the region’s engagement with Beijing, analysts warn. In a surprise precision operation on Saturday, the US military struck Venezuela, captured its leader Nicolas Maduro and his wife, and placed them in detention in New York. Without giving a timetable for elections, US President Donald Trump said the US would run...

Politics

1 week ago Suspicious bets on Maduro’s removal raise eyebrows as user nets over US$400,000

A new user on the prediction market Polymarket has attracted attention after winning hundreds of thousands of dollars on bets that appeared to predict the United States’ seizure of Venezuela’s leader, Nicolas Maduro. The anonymous user set up an account on the platform eight days ago and then placed a series of wagers worth nearly US$34,000 before the assault, which had raked in profits of more than US$409,000 by Sunday afternoon, Polymarket data showed. The wagers included predictions that...

Politics

4 w. ago Trump’s Venezuela ‘blockade’ raises legal questions as US masses forces

US President Donald Trump’s “blockade” of sanctioned oil tankers off Venezuela’s coast was raising new questions about the legality of his military campaign in Latin America, while fuelling concerns that the US could be edging closer to war. The Trump administration says its blockade is narrowly tailored and not targeting civilians, which would be an illegal act of war. But some experts say seizing sanctioned oil tied to leader Nicolas Maduro could provoke a military response from Venezuela,...

Politics