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Israeli PM to visit Philippines – The Jerusalem Daily

August 12, 2021 Comments Off on Israeli PM to visit Philippines – The Jerusalem Daily By admin

By KAREN STANDSBY”Israel has announced that Prime Minister Benjamin Netanyahu will visit the Philippines on November 3, according to an official statement released by the Israeli Embassy in Manila.

The announcement comes just hours after Netanyahu said the US and its allies must not be “in the way of peace in the Middle East.”

According to the statement, the visit is intended to provide an opportunity for a closer relationship between the two countries, including the two leaders signing a “new cooperation deal,” which will “help to boost the economic and security ties between our countries.”

Netanyahu has long sought to establish closer ties with Manila, where he was born and raised, and the Philippines, home to some 10 million Jews and some 1.3 million Filipinos.

In 2016, the two nations signed an agreement for the establishment of a military base in Manila and a joint naval base in Israel’s exclusive economic zone (EEZ).

On November 3 , Netanyahu will receive Israeli President Benjamin Netanyahu.

The visit is expected to focus on the future of the peace process in the region.

Netanyahu and Philippine President Rodrigo Duterte have previously met in the Philippines and discussed a number of issues, including Israel and the Middle Eastern peace process.

During his visit to the Philippines last year, Netanyahu met with Duterte, who has also been in the country recently to meet with Jewish community leaders.

In his statement, Netanyahu said:”Today, our leaders will renew the efforts to restart peace negotiations and reach a just solution to the conflicts in the world.

We look forward to welcoming Prime Minister Netanyahu and President Duterte to Manila in November for a visit to renew their partnership and deepen our shared ties.

We hope to see them as the next leaders of our two countries and the people of the world.

What’s the next big Chinese stock market bubble?

August 8, 2021 Comments Off on What’s the next big Chinese stock market bubble? By admin

Beijing has been trying to boost its foreign exchange reserves by buying shares in a wide range of domestic companies in recent months, as investors have been priced out of the global financial system.

But the stock market’s sudden surge has caused concern in China’s government, which has been warning for months about what it sees as a possible Chinese stock bubble.

The market rally, as well as fears of a potential stock market crash, have sent the Shanghai Composite index tumbling almost 50 percent in the past three months.

It is the largest decline since August 2015, when the benchmark S&P 500 index lost almost 2 percent in a matter of days.

Its fall has put the Chinese government on the brink of a fresh crackdown on stock speculation.

“The Chinese government is already trying to tighten its control over stock speculation,” said Michael Lee, a Hong Kong-based stock analyst with Macquarie.

“The stock market may have gone over the edge.

It may not be the next one.”

A government statement said that the authorities were working on the issue of “financial stability” and that they would “exercise measures to prevent speculative activity” from exacerbating “financial distress.”

The statement did not specifically say whether the government was taking action against the stocks being purchased.

It comes at a time when Beijing is ramping up efforts to stabilize the economy, as it looks to boost exports and spur economic growth.

Its currency has dropped in value against the dollar, as China’s trade surplus shrinks.

Its currency has also fallen in value as Beijing has raised its export quotas, hoping to spur exports to the United States and other countries.

Chinese stocks, which have risen more than 30 percent over the past 12 months, have risen in value since the government last week ordered the closure of certain foreign exchanges.

“It’s very unusual for the Chinese stock exchange to go up so much in the first two weeks,” said Andrew Weidman, head of China equity research at CCS Insight, a research firm in Hong Kong.

Weidman said it is difficult to know if the stock markets are over- or under-performing.

“If they are not overperforming, it’s possible they have a lot of risk,” he said.

The Chinese stock markets have been under a state of heightened scrutiny since Beijing began closing foreign exchange trading and issuing restrictions on trading.

It has raised concerns that Chinese government restrictions could stifle the economic recovery.

Some analysts have said the stock surge is part of a broader strategy by Beijing to try to boost China’s foreign exchange holdings in a bid to boost the value of the renminbi, the currency used by the country’s banks.

China has long been trying — and failing — to boost foreign exchange assets as a way to bolster its economy and boost foreign demand.

It’s a strategy that has been credited with helping to push the yuan up about 30 percent this year, to more than 6.4 percent of global reserves.

In the U.S., the Shanghai stock market has risen more quickly than the Dow Jones Industrial Average.

The S&P 500 has fallen by more than 10 percent since the beginning of the year.

“In a world where investors are losing confidence in China and the economy overall, it makes sense that China’s stock market would be up in the last few days,” said Lee, the Hong Kong stock analyst.

China’s foreign currency reserves rose by nearly $7.7 billion in October, according to figures from the Reserve Bank of China, which are the biggest monthly increases since the global economic crisis.

That compares with $5.6 billion in the previous month.

It has increased by more that $9 billion since June, when it was hit by a sharp fall in the Chinese yuan.

China is a big investor in its currency.

The yuan was worth about $1.3580 a Chinese yuan on Tuesday, down about 9 percent from Monday.