News around the World

Nancy Pelosi expected to visit Taiwan tonight

The US congressional delegation’s itinerary includes stops in South Korea and Japan, but no official mention has been made of a visit to Taiwan. However, the Taiwanese official said that Nancy Pelosi is expected to stay in Taiwan overnight. It is unclear when exactly Pelosi will land in Taipei.

China warned against the “egregious political impact” of Pelosi’s planned visit to the self-governing island that China claims as a part of its territory and reiterated that its military “won’t sit by idly” if Beijing feels its “sovereignty and territorial integrity” is being threatened.

Image resource:https://cdn.cnn.com/cnnnext/dam/assets/220731032604-02-china-pelosi-asia-trip-file-restricted-exlarge-169.jpg

News around the World

A giant screen hit dancers for the Cantopop boy band, Mirror during a concert in Hong Kong

Five people were injured when the video fell onto the stage during Mirror’s concert in Hong Kong. Three people were taken to hospital for treatment and one of the back-up dancers was seriously injured and is still in intensive care unit. None of the Mirror’s 12 members were injured.

Nearly 10,000 people attended the show that evening and some of them were traumatized by what they saw. After the accident, video of the moment the screen crashed onto the dancers went viral on social media and some of the views felt unsettled after seeing the relevant videos.  Local charities have set up hotlines for dedicated counselling.

The incident occurred at the third night of the concert and fans complaint that there were accidents happened at three earlier shows. Mirror’s Fans had already warned that the stage and set seemed unstable and created a petition asking for concert organizers to ensure performers’ safety.

The remaining eight shows have been cancelled and Hong Kong’s Chief Executive John Lee has called for an imminent and comprehensive investigation in order to protect the safety of performers, working staff public.

Image source:https://cdn.cnn.com/cnnnext/dam/assets/220729023938-hong-kong-mirror-concert-fair-use-screengrab-exlarge-169.jpg

 

News around the World

China could have an unprecedented response to Pelosi’s potential Taiwan visit

Last week, US House of Representative Speaker Nancy Pelosi would like to have a Taiwan visit to show support for Taiwan. China immediately gives a warning against a potential high-stakes trip and vowed to take “resolute and forceful measures” of the trip goes ahead.

However, Chinese government has not specified in public what “forceful measures” it is planning to take. Some Chinese experts say Beijing’s reaction could involve a military component and the situation between China and the US will be very tense.

Pelosi’s potential trip wouldn’t be the first time a sitting US House speaker has visited Taiwan. In 1997, Newt Gingrich met Taiwan first democratically elected President Lee Teng-hui. At that time, China’s response was limited to rhetoric. Twenty-five years on, it is a completely different regime in Beijing with Chinese leader Xi Jinping. China is stronger, more powerful, and confident, and its leader XI, Jinping has made it clear that Beijing will no longer tolerate any perceived slights or challenge to its interests. China is in a position to be more assertive, to impose costs and consequences to countries that don’t take China’s interest into consideration in their policy or actions.

Last Wednesday, US president Joe Biden told reporters the US military thinks a Taiwan visit by Pelosi is “not a good idea right now.” 

On this Monday, Gingrich wrote on the social media about his comment on the potential visit and raise out the concern about political timidity.

The potential Taiwan visit by Pelosi would come at a sensitive time for China. The PLA is celebrating its founding anniversary on August 1, while Xi, the country’s most powerful leader in decades, is preparing to seek a third term at the ruling Communist Party this fall.

But with Pelosi’s potential visit is now playing out in public, any decision to delay or cancel, risks being seen as a concession. 

 

Image sources:https://cdn.cnn.com/cnnnext/dam/assets/220720000950-01-china-warns-pelosi-taiwan-visit-exlarge-169.jpg

 

News around the World

Crowds gathering on the streets of the capital to say final farewell to late former Prime Minister Shinzo Abe

Crowds gathering on the streets of the capital to pay their last respects to late former Prime Minister Shinzo Abe, Japan’s longest-serving prime minister.

Millions around the world have reacted with shock and anguish at how Abe was gunned down. His assassination reverberated across the world as Japan is a country with one of the lowest gun violence rates in the world.

Large crowds lines in the streets to catch a glimpse of the hearse. Many of them waved and raised their arms as the hearse drove past. Abe’s widow, Akie Abe traveled in the front seat of the hearse, bowing to the crowd as they paid their respects.

 

Image source:https://cdn.cnn.com/cnnnext/dam/assets/220712081856-01-abe-funeral-rhea-exlarge-169.jpg

News around the World

Breaking News: Former Japanese Prime Minister Shinzo Abe rushed to hospital after possible shooting, NHK reports

Breaking News: Former Japanese Prime Minister Shinzo Abe rushed to hospital after possible shooting, NHK reports

Images source: https://cdn.cnn.com/cnnnext/dam/assets/220707225323-01-shinzo-abe-070722-file-restricted-exlarge-169.jpg

https://www3.nhk.or.jp/news/html/20220708/K10013707601_2207081155_0708115809_01_03.jpg

https://www3.nhk.or.jp/news/html/20220708/K10013707601_2207081210_0708121617_01_04.jpg

https://www3.nhk.or.jp/news/html/20220708/K10013707601_2207081152_0708115809_01_04.jpg

More information:

https://edition.cnn.com/2022/07/07/asia/shinzo-abe-japan-nara-shooting-intl-hnk/index.html

https://www3.nhk.or.jp/news/html/20220708/k10013707601000.html

My Collections

Celebrating the Life and Legacy of Alan Turing

Celebrating the Life and Legacy of Alan Turing

The Royal Mint in UK is presenting a new coin series – Celebrating the Life and Legacy of Alan Turing.

Alan Mathison Turing was an English mathematician, computer scientist, logician, and cryptanalyst born in London. During the Second World War, Turning worked for the Government Code and Cypher School. His codebreaking logic saved estimated millions of live by shortening the war. 

After the war, Turning worked at the National Physical Laboratory, where he designed the Automatic Computing Engine, one of the first designs for a stored-programme computer. In 1948, he joined Max Newman’s Computing Machine Laboratory where he helped develop the Manchester computers. Despite of his various accomplishments, Turing was never fully recognized in UK during his lifetime. It is because much of his work was covered by the Official Secrets Act.

And in 1952, Turning was prosecuted for homosexual acts. He then accepted hormone treatment and died 16 days before his 42ndbirthday from cyanide poisoning. 

In 2009, the UK Prime Minister Gordon Brown made an official public apology on behalf of the UK government for “the appalling way Turing was treated”. Queen Elizabeth II granted a posthumous pardon in 2013 which has since led to further pardons to gay men and created what has become known as “Turing’s Law”. In recent years, Turing has become a figurehead for gay rights.

In 2022, The Royal Mint celebrates the man with a remarkable mind with a UK 50p coin available as a gold Proof, silver Proof, silver Proof Piedfort and Brilliant Uncirculated edition. 

Images source:

https://www.royalmint.com/globalassets/consumer/_campaigns/2022/alan-turing/category-page/t3-dt-primary-cat-alan-turing.png?width=2147483647

 

More information:

https://www.royalmint.com/our-coins/events/alan-turing/

News around the World

Nearly 1 billion people had their of personal data leaked in China possibly

A massive online database in China apparently containing the personal data of up to one billion Chinese citizens was left unsecured and publicly accessible possibly for more than a year.

Those personal data was collected by the Shanghai police and stored in a database had been hosted by Alibaba Cloud. Both Alibaba and Shanghai police did not aware of this possibly data leak until last week. An anonymous user in a hacker forum offered to sell the data for 10 bitcoin and brought it to wider attention.

The anonymous user claimed the data included names, address, mobile numbers, national ID numbers, ages, birthplaces, and billions of records of phone calls made to police to report on civil disputes and crimes. As China is home to 1.4 billion people, the data breach of 1 million personal data could potentially affect more than 70% of the population. This would be the largest leak of public information by far.

The database which did not require a password possibly was shut down already. However, it is unclear how many people have accessed or downloaded the database during the 14 months of more. Experts are worried that this personal data leak might lead to extortion. Extortion of individual will often happen after data leaks. Hackers can even try to ransom individual using the leaked information.

 

Image source: https://cdn.cnn.com/cnnnext/dam/assets/220422142130-02-cyber-attack-cellphone-stock-exlarge-169.jpeg

Investment

The inflation is making the West difficult to go further on Russian oil

European Union and the United States have barred the import of Russian oil to cut off the revenue source for Kremlin and force Vladimir Putin to reconsider the war in Ukraine. However, it seems like this measure hasn’t worked.

When EU and the US looked at the data, they found that Russia is making just as much money from oil export as it was before the invasion of Ukraine. At the same time, global inflation is surging, and it generates Politian pressure on leaders like US president Joe Biden, British Prime Minister Boris Johnson, and French President Emmanuel Macron.

In the recent G7 meeting, these leaders tried very much to reach a consensus on that to do next. However, on oil, only few options are available. several measures were being discussed. For examples, price caps on Russian oil imports and centralized purchasing, insurance bans on ships. Unfortunately, these tools have downsides, and they could push the oil price and inflation rate even higher. These prospective measures may come with significant costs directly to consumers in the US and Europe.

Nevertheless, there is an uptick in exports to Asia. China is currently taking advantages of huge price discounts. Russia is selling barrels of its Urals crude for about USD 35 cheaper than the Brent global benchmark. The Kremlin is still getting a pretty good price for their oil export. The West need to go further to get Russian oil off the market quickly, since any delay will give market participants time to come up with creative ways to skirt the rules.

To make it harder for China, India, and other countries to keep importing Russian oil, EU intends to phase in a ban on insuring ships. Such a move may push China and India to find replacement barrels, the price of oil could easily go rocket high.

Therefore, Treasury Secretary Yellen suggested that using price caps to push down the price of Russian oil and depress Putin’s revenues while allowing more oil supply to reach the global market.

Image source: https://cdn.cnn.com/cnnnext/dam/assets/220624114155-india-crude-oil-freight-file-restricted-exlarge-169.jpg