China warns Philippines not to ‘stir up trouble’ over disputed reef

China warns Philippines not to ‘stir up trouble’ over disputed reef

Beijing warned Manila on Tuesday not to ‘stir up trouble’ after the Philippine Coast Guard said it removed a floating barrier at a disputed reef that was allegedly deployed by China to block Filipinos from the traditional fishing ground. ‘China firmly upholds the sovereignty and maritime rights and interests of the Huangyan island,’ said foreign […]

Moody’s downgrades 10 US banks, warns of possible cuts to some big lenders

Moody’s downgrades 10 US banks, warns of possible cuts to some big lenders

Moody’s cut credit ratings of several small to mid-sized US banks on Monday and said it may downgrade some of the nation’s biggest lenders, warning that the sector’s credit strength will likely be tested by funding risks and weaker profitability. Moody’s cut the ratings of 10 banks by one notch and placed six banking giants, […]

Amazon Indigenous chief Raoni warns of disaster if deforestation not stopped

Amazon Indigenous chief Raoni warns of disaster if deforestation not stopped

Raoni said his people are feeling the impact of climate change. “Many rivers are drying up. We are feeling very hot and the temperature in the villages is very high, and there is little rain,” he said. Raoni, who is believed to be 91, said his ancestors believed that one day there would be no […]

UN warns world to prepare for El Nino impact

UN warns world to prepare for El Nino impact

GENEVA, July 4 (AFP): The United Nations on Tuesday warned the world to prepare for the effects of El Nino, saying the weather phenomenon which triggers higher global temperatures is set to persist throughout 2023. El Nino is a naturally occurring climate pattern typically associated with increased heat worldwide, as well as drought in some […]

US farmer warns ‘China is quietly taking over’ food security

John Boyd Jr on China farmland

National Black Farmers Association President John Boyd Jr. calls on policymakers who are not doing enough to stop China’s ‘foothold’ on the U.S. economy. Despite lawmakers’ success in introducing legislation to address the issue, one U.S. farmer raised a red flag that China is still infiltrating “many, many acres” in rural America. “They’re tapping into […]