Geo Politics

Big-box retailers are leaving Canada because they can’t replicate their U.S. success. Nordstrom closed its Canadian business last month due to a lack of a “realistic path to profitability.” But, Lowe’s sold its Canadian retail operation to Sycamore Partners for $400 million in cash. After raising financing to avoid bankruptcy, Bed Bath & Beyond’s Canadian businesses will close, according to …

Canada is pitching itself as an option for the several European nations seeking to reduce their reliance on China for crucial raw materials, which are required for the production of goods such as electric vehicles. The G-7 member announced a strategy to increase production of these minerals in December, with Canada possessing the greatest resources. It is believed that Canada …

According to South Korean military officials, North Korea launched a short-range ballistic missile on March 9 in the direction of the Yellow Sea, which is located between China and the Korean Peninsula. The launch comes after Kim Yo-jong, the powerful sister of North Korean leader Kim Jong-un, warned on Tuesday, March 7, that any attempt to shoot down one of …

Former U.S. Secretary of State Hillary Clinton stated in the capital on Monday that Abu Dhabi and the United Arab Emirates are well-positioned to create the future that the world requires and can make significant strides in facilitating real-world solutions to global problems and disputes. In addition, the former US presidential contender praised the UAE for its accomplishments since her …

North Korea stated on March 7 that any attempt to shoot down one of its test missiles would be regarded a declaration of war, and blamed a joint military exercise between the United States and South Korea for escalating tensions. Kim Yo Jong, the influential sister of leader Kim Jong Un, said in a statement that Pyongyang would view any …

A new contract to promote the safe transfer of personal data of EU people to the United States may not enter into force in time to prevent a suspension of Facebook’s transatlantic data flows, according to the US company’s top European regulator on March 7. Facebook’s owner, Meta, declined to comment on the likely timing of the regulator’s decision or …

The United States has cleared the possible sale of $619 million worth of new weapons to Taiwan, including missiles for its F-16 fleet, as the island reported a second day of large-scale Chinese air force intrusions in the area. The arms sales are likely to worsen already difficult relations between Washington and Beijing, which has frequently requested the cessation of …

Analysts report that the possibility of a Chinese invasion of Taiwan, formerly deemed very implausible, has risen to the forefront of global money managers’ risk radars and is influencing their investment decisions. Fund managers report an increase in inquiries from clients on the likelihood of a Chinese invasion of Taiwan. Although none of them have engaged in specific transactions relating …

Indonesian and Chinese officials announced on February 22 that negotiations on a code of conduct (COC) for the South China Sea will be strengthened this year, as the region worries over China’s aggression in the key waterway. In Jakarta, Indonesian Foreign Minister Retno Marsudi met with his Chinese counterpart Qin Gang ahead of a round of code negotiations beginning in …

Economics Minister Rafizi Ramli stated that Malaysia actively invites foreign investment and trade in the energy business in order to overcome the energy issue and secure energy security. As indicated by the reforms in the gas market liberalisation and third-party access that allow numerous companies to access and utilize Malaysian gas facilities, he stated that the country’s commitment to create …