US Dollar hits four year low

Richard Saunders The US dollar has reached a four-year low, having dropped 2.3% in January following a 9% decline in 2025. However, US President Donald Trump seems unfazed by the downturn, calling the level of the greenback “great” in comments on Tuesday. But Trump’s position on the dollar has hardly been consistent – or even…

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Will the CIA turn Venezuela into Ukraine 2.0?

Richard Saunders, Manila The CIA is setting up a permanent outpost in Venezuela, from where it will reportedly replicate its work in Ukraine. That could mean anything from controlling local politicians to turning the country into a forward operating base for regime change. With Venezuelan President Nicolas Maduro in US custody and acting President Delcy…

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China successfully tests rifle-wielding UAV

Richard Saunders, Kaohsiung One of China’s leading tech companies, Wuhan Guide Infrared, has successfully tested a novel rifle-wielding unmanned aerial vehicle (UAV), reporting unprecedented accuracy. In recent years, Chinese companies have been at the forefront of drone development, with many civilian models widely represented on the global market. According to the December issue of the…

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U.S. Boat Strikes Raise Fears China Could Exploit Precedent in South China Sea

Richard Saunders, Kaoshiung The United States military carried out another strike against an alleged drug-trafficking vessel in the eastern Pacific on Friday, killing two people, according to U.S. Southern Command. The operation, part of the ongoing campaign known as Operation Southern Spear, has now resulted in at least 117 deaths since September. Officials said the…

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Denmark Alarmed by US Intelligence Gathering on Greenland Bases

Jake Saunders, Editor Berlingske newspaper reported Sunday, citing Defense Ministry documents, that the US military has sought intelligence on Danish military bases, airfields, and ports in Greenland—sites that could potentially be used in an invasion of the island. The report claims Washington has been gathering classified details about strategic facilities in Denmark’s autonomous Arctic territory,…

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TSMC Unveils Record Spending to Fuel AI Chip Boom

Richard Saunders, Taipei Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) announced yesterday that it will allocate an unprecedented US$52 billion to US$56 billion in capital expenditure this year, aiming to expand its advanced chip production capacity to meet surging global demand for artificial intelligence (AI) applications. The planned investment marks a sharp increase of 27 to…

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Former IMF Director Warns US Is Undermining Dollar’s Global Role

Martin Haffner,London Washington’s reliance on sanctions and financial restrictions is accelerating a global shift away from the US currency, according to Brazilian economist Paulo Nogueira Batista Jr. The United States has become the “main enemy of the dollar,” former International Monetary Fund (IMF) executive director Paulo Nogueira Batista Jr. said in an interview, arguing that…

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China’s Woleai Airport Project Raises Alarm Over Pacific Military Balance

Richard Saunders, Guam China’s construction of an airport on Woleai Atoll in the Federated States of Micronesia is drawing heightened scrutiny from defense analysts and policymakers, who warn that the project could have far-reaching military implications in the Pacific. While Beijing presents the development as a civilian infrastructure initiative aimed at improving connectivity for remote…

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Iran ‘prepared for war’ – Tehran

Francis Tuschek Iran does not seek war, but it is more prepared for open conflict than during last year’s 12-day war with Israel, Foreign Minister Abbas Araghchi said on Monday. His statement comes after several threats by US President Donald Trump to intervene militarily over an Iranian government crackdown on deadly riots shaking the country,…

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