Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (186607)

4/19/2022 11:12:18 PM

From: TobagoJack

3 Recommendations

Recommended By
fred woodall
marcher
Maurice Winn

Respond to of 217652

A few items,

(1) It is amusing that huge-Russia's Putin should not be allowed to view militarisation of large-Ukraine by huge-NATO / USA as a threat to Russia that is adjacent, but as am agnostic, can see points on both sides

However the amusing part is that large-Australia is permitted to be understood when when huge-China-China-China signs a paper agreement w/ tiny-Solomon Isles

bloomberg.com

Australia ‘Deeply Disappointed’ After Solomons Signs China Pact

U.S. and Australia had urged Solomon Islands not to sign deal Australia opposition says PM Morrison ‘failed’ to stop treaty

Ben Westcott
20 April 2022, 08:14 GMT+8

Follow us at @BloombergAU on Twitter and BloombergAsia on Facebook for the latest news and analysis.

The U.S. and Australian governments have voiced their concern at the signing of a new security agreement between China and the Solomon Islands, a diplomatic victory for Beijing in a region which has usually turned to Washington and Canberra for support.

Both the U.S. and Australia said they were concerned about the “lack of transparency” in the new treaty, which Canberra added could “undermine stability in our region.”

The Chinese Foreign Ministry announced on Tuesday that the deal had officially been signed, saying Foreign Ministers Wang Yi and Jeremiah Manele had agreed to “an intergovernmental framework agreement on security cooperation the other day.”

No final version of the agreement has been made public but an earlier draft, leaked on social media in late March, would allow the Chinese government to send its military to the Solomon Islands, if requested by the Pacific nation. It would also give China’s naval vessels a safe harbor in the Solomon Islands, just 2,000 kilometers (1,200 miles) from the Australian coast.

Australia and the U.S. had been attempting to dissuade the Solomon Islands from agreeing to the security pact. The Biden administration’s East Asia czar Kurt Campbell is due to visit the Pacific nation this week as part of a U.S. delegation, while Australia’s Pacific Minister Zed Seselja visited last week.

Read more on Solomon Islands:

Solomon Islands Signs China Security Pact, Rebuffing Australia
Solomons Vows No Chinese Military Base to Reassure Australia
The Islands the West Forgot But China Didn’t: Ruth Pollard

In a statement after the signing was announced, Seselja and Australian Foreign Minister Marise Payne said they were “deeply disappointed” by the Solomon Islands’ decision but added they respected the right to “make sovereign decisions.”

“We are concerned about the lack of transparency with which this agreement has been developed, noting its potential to undermine stability in our region,” the Australian statement said.

A spokesperson for the U.S. National Security Council said the agreement followed a pattern for Beijing of “offering shadowy, vague deals with little regional consultation.”

“The reported signing does not change our concerns, and that of regional allies and partners, and it does not change our commitment to a strong relationship with the region,” the spokesperson said. The U.S. is planning to open an embassy in the Solomon Islands.

‘Worst Failure’
The agreement comes at a bad time for Australian Prime Minister Scott Morrison, whose party is currently campaigning for a fourth term in government partly off the back of their national security credentials. Australian Shadow Foreign Minister Penny Wong described the signing on Wednesday as the “worst failure of Australian foreign policy in the Pacific since the end of World War II.”

Australia and the U.S. have long been concerned about the Chinese government developing a military foothold in the Pacific, which would complicate the defense of both countries. Solomon Islands Prime Minister Manasseh Sogavare has insisted the agreement would not allow the Chinese government to build a military base in the Solomon Islands.

Confirming the signing on Tuesday, Chinese Foreign Ministry spokesman Wang Wenbin said the agreement would allow both countries to “conduct cooperation including maintenance of social order, protection and safety of people’s lives and property, humanitarian assistance and natural disaster response.”

To: Maurice Winn who wrote (186607)	4/19/2022 11:12:22 PM
From: TobagoJack	1 Recommendation Recommended By Secret_Agent_Man Respond to of 217652

(2) In case of doubt, Team China making clear, that for whatever reasons, but likely because China-China-China is under active attack, such that China shall as always with commitments of strategic anything, stand back to back with Russia China's needs are real, for food, energy, and peace along the longest land border in the world between two nuclear-armed sovereigns, one needing commerce, and the other needing same commerce. Let's see how the EU folks fare by pssing off their important supplier. Whether China wise or not, I remain agnostic. However, I do note that it remains to be seen whether trade wars are easy to win, especially if played by a distracted and ideological team that does not appreciate the Art of the Deal. Just saying. bloomberg.com China Says It Will Keep Strengthening Strategic Ties With Russia* Daniel Ten Kate 20 April 2022, 08:26 GMT+8 China will continue strengthening strategic ties with Russia, a senior diplomat said, showing the relationship remains solid despite growing concerns over war crimes in Vladimir Putin’s war in Ukraine. Vice Foreign Minister Le Yucheng called for deepening ties in a range of fields during a meeting on Monday in Beijing with Russian envoy Andrey Ivanovich Denisov, according to a Chinese Foreign Ministry statement. He said that a nearly 30% jump in trade between the nations during the first three months of 2022 demonstrate “the great resilience and internal dynamism of bilateral cooperation.” “No matter how the international landscape may change, China will continue to strengthen strategic coordination with Russia for win-win cooperation, jointly safeguard the common interests of the two countries and promote the building of a new type of international relations and a community with a shared future for mankind,” Le said in the statement released late on Tuesday. Denisov said Russia regards relations with China as a “diplomatic priority,” the statement said.

To: Maurice Winn who wrote (186607)

4/20/2022 8:33:32 AM

From: dvdw©

Read Replies (1) | Respond to of 217652

To: dvdw© who wrote (11463)	4/10/2022 9:11:58 AM
From: dvdw©	Respond to of 11557

So, Don't be a chimpoid is your advice?Its always the missing information that bites. Better get up to speed. youtube.com youtube.com More stuff, concern or not... youtube.com

To: Maurice Winn who wrote (186607)	4/20/2022 9:13:51 PM
From: TobagoJack	1 Recommendation Recommended By marcher Respond to of 217652

Re <<India>> ... getting seriously inconvenient, requiring unnatural twisting of sentences by Reuters Georgieva and Yellen have warned against a fragmentation of the global economy into geopolitical blocs, with the United States and market-driven democracies on one side and China, Russia and other state-driven economies on another. reuters.com G20 members condemn Russia's war in Ukraine, after Yellen and others stage walkout David Milliken April 21, 20228:07 AM GMT+8Last Updated an hour ago WASHINGTON/LONDON, April 20 (Reuters) - Top officials from Britain, the United States and Canada walked out on Russia's representatives at a Group of 20 meeting on Wednesday and many members spoke to condemn Moscow's war in Ukraine, exposing deep divisions in the bloc of major economies. Indonesian Finance Minister Sri Mulyani Indrawati, who chaired the meeting of G20 finance officials in Washington, acknowledged the body faced unprecedented challenges but called for cooperation to overcome headwinds slowing global growth. "This is an extraordinary situation," Indrawati told reporters after the daylong meeting. "It's not business as usual, a very dynamic and challenging one." The G20 includes Western countries that have accused Moscow of war crimes in Ukraine, as well as China, India, Indonesia and South Africa which have not joined Western-led sanctions against Russia over the conflict. Indrawati said many countries spoke out against the war at the meeting, although she did not identify them. "In order for us to be able to recover together ... we need more and even stronger cooperation," Indrawati told a briefing. "The G20 is still ... the premier forum for all of us to be able to discuss and talk about all the issues." U.S. Treasury Secretary Janet Yellen told attendees she strongly disapproved of a senior Russian official's presence at the meeting before she walked out, two sources told Reuters. She was joined by Federal Reserve Chair Jerome Powell, Bank of England Governor Andrew Bailey, Canadian Finance Minister Chrystia Freeland, and European Central Bank President Christine Lagarde. Ukrainian officials, in Washington seeking billions of dollars of additional funding, also walked out of the meeting, a source familiar with the meeting said. Russian Deputy Finance Minister Timur Maksimov represented Moscow in person, while Russian Finance Minister Anton Siluanov and Russia's central bank governor joined virtually, a second source said. Over five million Ukrainians have fled abroad since Russia invaded on Feb. 24, the biggest attack on a European state since 1945. The United States accuses Russia of committing war crimes in what Moscow calls a "special military operation". Russia denies the allegations. read more NO 'BUSINESS AS USUAL' One source added that Yellen told participants there could be "no business-as-usual" for Russia in the global economy, a view echoed by Indrawati, whose government is heading the G20 group this year. read more British Finance Minister Rishi Sunak said in a tweet: "We are united in our condemnation of Russia's war against Ukraine and will push for stronger international coordination to punish Russia." Russia's finance ministry did not mention the walkout in a statement issued after the meeting. It cited Siluanov as calling on the G20 not to politicize dialogue between members and stressing the grouping had always focused on the economy. He also complained about the damaging effect of Western sanctions, the statement said. "Another aspect of the current crisis is the undermining of confidence in the existing international monetary and financial system," it said. "The safety of international reserves and the possibility of free trade and financial transactions are no longer guaranteed." Lagarde urged Maksimov to convey to Moscow a clear message - to end the war in Ukraine, one of the sources said. G20 finance ministers and central bank governors met on the sidelines of a semi-annual conference held by the International Monetary Fund (IMF) and World Bank in Washington, with the Ukraine war, food security and ongoing recovery from the coronavirus pandemic the key topics. Given the divisions, the group did not issue a communique. Instead, Indrawati read a statement summarizing the meeting and underscoring the importance of the body. Freeland, who is of Ukrainian descent and has made impassioned pleas on behalf of the country, said she walked out of a G20 plenary meeting to protest against Russia's participation. "This week's meetings in Washington are about supporting the world economy – and Russia's illegal invasion of Ukraine is a grave threat to the global economy," she said on Twitter, adding that Russia should not be participating. FRAGMENTATION FEARS IMF Managing Director Kristalina Georgieva on Wednesday acknowledged it was a "difficult moment" for the G20, a forum that has played a key role in coordinating the fight against COVID-19 and responding to the 2008-2009 financial crisis. But she said cooperation through the forum would continue. "There are clearly very, very unsettling facts we have to deal with," said Georgieva, a Bulgarian native. "But we also recognize how interdependent we are ... And it is so obvious that cooperation must and will continue." Georgieva and Yellen have warned against a fragmentation of the global economy into geopolitical blocs, with the United States and market-driven democracies on one side and China, Russia and other state-driven economies on another. Reporting by Andrea Shalal and David Lawder in Washington, David Milliken in London and David Ljunggren in Ottawa; additional reporting by Steve Scherer in Ottawa; editing by Dan Burns and Paul Simao Our Standards: The Thomson Reuters Trust Principles.