President Trump has decided to raise tariffs on China from 10% to 25%, effectively declaring a trade war, and took to Twitter to justify his decision.
According to the Washington Post, Chinese internet users now refer to President Trump as Marvel villain Thanos. President Trump has been negotiating a new trade deal that would attempt to reduce the US’s trade deficit with China. Similar to Thanos snapping his fingers, Trump threatened to increase tariffs to 25% on Chinese goods causing a sharp decline in the Chinese stock market on Monday. Continue reading “Thanos Trump Threatens China ahead of Trade Talks”
Largely due to our intelligence, the human race was able to quickly become the ruler of planet Earth. But what if another race soon becomes as smart as us? Will our rule of the Earth be under threat?
Movie franchises like The Matrix and Planet of The Apes explore this possibility. In the first, humanity creates robots so smart that they are able to enslave us inside a simulated reality. In the latter, humans travel to a planet where apes became smarter than us and use their intelligence to rule. But now, Chinese scientists hope to bring an element of this fantasy into reality.
Asia had a very different political and economic landscape in the 1930s before the Second Sino-Japanese War. Due to the Xinhai Revolution in 1911, the Qing Dynasty collapsed into several weak states. This was a far cry from the unified superstate that dominates Asia today.
By Daniel Szewc | Poland
With the confirmation that the Venezuelan police force, under the control of Nicolás Maduro, has started shooting at protesters, the situation in Venezuela has only gotten tenser. This is all happening in the midst of the POTUS, Donald Trump, recognizing Venezuelan opposition leader Juan Guaido as the country’s legitimate president, albeit an interim one. Not only are Maduro’s interests even more at stake now, but the People’s Republic of China’s are also facing a conflict in the region.
The nations of Brazil, Paraguay, Canada, and Colombia have all, within 24 hours, recognized Juan Guaido as the Interim President of Venezuela. This lack of balance of recognition in contrast to power may be the cause of the escalation of violence in the streets of Caracas.
According to Bloomberg, the Chinese government has agreed to extend Nicolás Maduro’s credit line by $5 billion USD. This given sword, as usual in the Eastern dragon’s case, has two edges: Venezuela is obliged to sell China it’s most valuable resource, oil, at a very cheap price. A huge manufacturing economy, China relies on oil for its production of goods, without which their fast-growing economy would fall into ruins.
If the American government decides to intervene in favor of it’s preferred side of Venezuela’s political scene, then a proxy war between China, which majorly invested in Maduro’s army, and the USA is extremely likely to occur. China will be anything but reluctant to give up its neo-colonial acquisition.
Even though this conflict is unlikely to spread outside of North and South America, the ensuing famine and mass migration is sure to destabilize the whole region, as well as possibly hit the United States.
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