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East Timor Joins ASEAN: A Historic Expansion for Southeast Asia

by Lucas Fernandez – World Editor October 26, 2025
written by Lucas Fernandez – World Editor

East Timor Officially Joins ASEAN, Marking First Expansion in Decades

Jakarta, Indonesia -⁣ East Timor was formally admitted as ⁤the‍ 11th member of the Association of Southeast asian Nations ⁢(ASEAN)‍ today, a landmark ⁣decision representing the group’s first expansion since 1999. The move​ culminates over a ⁣decade of ⁢pursuit for full membership by the Southeast Asian‍ nation and⁤ signals a new era of regional cooperation.

The inclusion ⁤of East Timor, also known as Timor-Leste, is‌ expected to boost trade, investment,​ and economic⁤ opportunities for the young⁣ nation while broadening ASEAN’s reach and influence. For ASEAN, it adds a new voice and outlook, particularly on‍ issues relevant to smaller states and youth empowerment.

East Timor’s path to ASEAN membership has been long​ and complex, reflecting its ‍turbulent⁤ history. A Portuguese colony for over four centuries, the nation ⁣declared independence⁢ in 1975,⁣ only to be‍ invaded by Indonesia​ nine days later.A brutal 24-year occupation followed, ending ‌with a U.N.-supervised referendum in 1999 ​that paved ⁢the ​way for formal independence in 2002. Today, the country is led by Prime Minister Xanana Gusmao and President Jose Ramos-Horta,⁤ who jointly won the Nobel​ Peace Prize in 1996.

Despite its newfound independence,⁣ East Timor ‍faces significant ​challenges, including high unemployment, ⁢malnutrition, and poverty, with 42% of the population living ⁣below the national ​poverty line. The nation’s economy is heavily reliant on dwindling oil and gas revenues, prompting a push for diversification.⁤

East Timor⁣ first applied for ASEAN membership in⁤ 2011 and was granted observer status in ⁣2022. While initial skepticism existed among some member states regarding the nation’s administrative capacity, concerns were ultimately overcome. Joanne Lin, co-coordinator of the ISEAS-Yusof‍ Ishak Institute’s ASEAN⁣ Studies Center in Singapore, noted that full participation will require “sustained technical and financial support,” but also brings “new energy and‌ perspectives.”

“For‍ us this ⁤new beginning brings ⁢immense opportunity in trade,investment,education and the digital economy ‍- we are ​ready to learn,innovate and uphold good government,” Gusmao said. “This​ is⁢ not the end of a journey, this is a beginning of an ⁤inspiring new‌ chapter.”

October 26, 2025 0 comments
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Business

Israeli Steel Company Bankrupt Due to Turkey Trade Ban on Israel

by Priya Shah – Business Editor October 24, 2025
written by Priya Shah – Business Editor

Turkish Trade‌ Ban ‍contributes to bankruptcy of Israeli Iron and Steel Company

ASHOD, Israel ‍- October 24, 2025 – Shaul gueta, an Israeli company specializing in the import and export ⁢of‍ iron and steel based in the​ port city of Ashdod, has declared ‌bankruptcy, with a Turkish trade ban implemented in response to the conflict‌ in Gaza⁣ cited as a ​major‌ contributing⁢ factor.

According to reports in the ⁢Israeli press, the company accrued debts of 105 ⁢million new Israeli Shekels (over $32 million USD) prior‍ to the bankruptcy filing.Before Israel’s attacks on ⁢Gaza, approximately 70 percent of Shaul Gueta’s revenue originated ⁢from the Turkish ​market.

The Beersheva district‍ Court has halted the company’s ​operations and⁤ appointed a trustee to determine whether to liquidate⁢ or restructure the business.⁤ An audit report ⁤submitted to the court in August 2025 ‌revealed a important decline​ in revenue, from 200 million Shekels (approximately $61 million USD) in ​2022 to just 35 million ‌Shekels (approximately $11 million USD)‌ in the first half of 2025.

Company officials argued in ⁣court that the attacks on Gaza and the⁣ subsequent Turkish trade ban severely impacted sales and⁢ profit margins.”The majority of the company’s income came from exports, especially to Türkiye, wich entirely ⁢stopped trade with Israel,” they stated.

October 24, 2025 0 comments
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World

American E-Waste: A Hidden Crisis in Southeast Asia

by Lucas Fernandez – World Editor October 23, 2025
written by Lucas Fernandez – World Editor

U.S. E-Waste Exports⁢ Fuel Environmental Crisis ​in Southeast Asia,‍ Report Finds

Kuala Lumpur, Malaysia – ⁣A new report alleges the ⁣United States is‌ increasingly becoming a primary source of electronic waste ‍(e-waste) flooding Southeast Asia, creating a‌ “hidden tsunami” of pollution⁤ and endangering vulnerable workers.The⁣ report, released today, details ⁣how U.S. e-waste is ‍being shipped to‌ Malaysia, Indonesia, Thailand, the Philippines, and the United Arab Emirates, often in violation⁣ of international ‌and national ​laws.

While the U.S. generates‍ the⁤ moast e-waste globally, a meaningful portion is being exported, effectively ⁣transferring environmental burdens to⁣ developing nations. The report estimates that U.S. e-waste shipments​ may⁣ have ⁣comprised approximately ⁣6% of all U.S. exports to Malaysia​ between 2023 and 2025, a trend exacerbated by China’s 2017 ban on foreign waste imports‍ which prompted Chinese businesses to relocate operations to Southeast Asia.This ⁤influx ⁢strains local waste management systems, overwhelms existing infrastructure,⁢ and exposes workers to hazardous conditions.

“It ⁣simply means the country is being overwhelmed with what​ is essentially pollution transfer from other nations,” said‍ the report’s author.

The report highlights⁢ a pattern of ⁢illegal shipments and lax oversight, with containers falsely labeled or lacking proper documentation. In receiving countries,”undocumented workers desperate ‍for jobs” are reportedly working in unsafe,makeshift facilities,dismantling devices without protective gear and inhaling toxic fumes from processes like wire stripping and plastic melting.

Authorities in Thailand ⁤and malaysia have recently taken action, seizing significant quantities of ​illegally imported U.S. e-waste. in‌ May, Thai authorities seized 238 tons of U.S. scrap at Bangkok’s ‌port, and in June, ​Malaysian authorities confiscated e-waste valued at $118 million in nationwide raids. Though, much‌ of the processing​ occurs in illegal ⁣facilities lacking environmental safeguards, according to SiPeng Wong, of Malaysia’s centre to Combat Corruption & ​Cronyism.

The⁣ report frames the practice ‍as a form‌ of “waste⁢ colonialism,” where wealthier nations offload their environmental problems onto less developed countries. Jim Puckett of the ⁣basel Action Network described Malaysia as having “suddenly become this mecca of junk” ⁣following China’s import ban. The Basel Convention prohibits ⁣the export of hazardous waste, including much e-waste, from developed to ⁣developing countries, but enforcement remains a challenge.

October 23, 2025 0 comments
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World

**US-China Tensions Escalate Amid Rare Earth Restrictions**

by Lucas Fernandez – World Editor October 21, 2025
written by Lucas Fernandez – World Editor

Shifting Sands in US-China Trade Relations

The‌ ongoing trade ‌tensions between the United States and china are characterized by ​inconsistency and a growing willingness from Beijing to navigate a future with reduced reliance⁢ on the US, according to experts.A recent analysis reveals a dynamic⁤ where⁤ US policy appears reactive and unpredictable,while China demonstrates a calculated long-term strategy.

“Now, thay are all ⁢over the‍ place,” commented Michael Roberts, observing the fluctuating‌ US‌ approach, ‌citing both the imposition and subsequent exemptions from numerous tariffs, ⁢and conflicting​ statements regarding a‌ potential meeting between Presidents Trump and​ Xi. Roberts believes the Trump governance lacks a firm understanding of China’s resilience. “They‌ don’t understand that China is willing to accept a ⁤lot of⁤ pain,” and won’t be⁢ easily intimidated ‍by ⁤US trade ​threats.

Conversely,⁣ Beijing appears ‍to have assessed President ‌Trump’s desire for a meaningful trade agreement and a corresponding state visit as crucial to ‍his‌ image. Experts suggest ⁤this perception has emboldened china to press for more favorable terms. “China saw that they could‌ push harder in the lead-up to the meeting,” Roberts explained.

This ⁢assessment is echoed by Wei Liang, a professor ‌specializing in international trade and Chinese economic foreign policy​ at the⁣ Middlebury Institute of International Studies. She ‍points to ​a ‍pattern of US behavior dubbed “TACO”⁣ – “Trump Always Chickens ⁣Out” – referencing the⁣ repeated ​announcements of tariffs followed ⁢by exemptions and delayed implementation. Liang emphasizes Trump’s sensitivity ​to stock market reactions, making him ⁣more inclined to offer concessions, a characteristic observed ⁣by international negotiators.

While China’s assertive stance is unfolding, its domestic economic situation ⁤is facing challenges. Though reliable⁣ data is scarce, consensus among China analysts indicates‌ the tariffs have slowed economic growth and increased unemployment. However, as China convenes its fourth ⁤plenary session to​ approve its ⁢next five-year economic plan, Xi Jinping may⁤ leverage the situation to frame domestic issues ⁤as stemming from ​US trade policies, ⁤shifting blame away from internal factors.

Perhaps most considerably, the ⁣situation signals a growing preparedness within⁤ China to “decouple” from the ⁢US​ economy‌ – a marked shift​ from previous rhetoric‍ that viewed such a separation as mutually damaging. Liang notes⁢ that China has actively diversified its export markets, especially through its Belt and Road Initiative, expanding infrastructure⁢ links across Eurasia, Africa, Oceania, and Latin America.

Furthermore, China‌ is finding option‍ suppliers for ​goods previously sourced ⁣from the⁣ US, such as soybeans and aircraft, and‌ developing workarounds for critical technologies ‍like ⁣high-tech chip ‍equipment. Simultaneously, China has implemented its own national security measures, including an “Entity⁣ List” mirroring the US version, to regulate exports.

Another⁢ expert, Lami Nadjibulla, highlights China’s proactive approach. “Everybody shoudl have been preparing the way⁢ the Chinese⁢ have been ‌preparing,” she stated, noting that while there⁣ was hope for a policy shift with a new US​ administration, China continued its preparations.Nadjibulla urges other⁣ nations to diversify their supply chains,viewing China’s actions as a⁤ “wake-up call” and a presentation of a ‌well-defined strategic playbook.

October 21, 2025 0 comments
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World

China slams Trump’s 100 percent tariff threat, defends rare earth curbs | Trade War News

by Lucas Fernandez – World Editor October 12, 2025
written by Lucas Fernandez – World Editor

China Rejects Trump‘s Tariff Threat as⁢ Hypocritical,Defends Export Controls

China has criticized United States President Donald Trump’s recently announced 100 percent tariff on Chinese​ goods as hypocritical,while simultaneously defending its own restrictions on teh export⁣ of rare earth elements and related equipment. Beijing has, though,⁤ refrained from imposing retaliatory tariffs on US imports.

In a statement released‍ Sunday, ‌China’s Ministry of‌ Commerce asserted ‌that its export controls​ on rare earths – which President Trump characterized⁢ as “surprising” and “very antagonistic” – were​ a ‌direct response to a series​ of prior actions taken by the US following⁢ trade discussions held in Madrid, ⁢Spain, last‌ month.

The ministry stated, “China’s stance⁤ is consistent.⁣ We do ‌not want a⁤ tariff war ⁤but we are not afraid of one.”

President trump announced ⁢the tariff, effective November 1, on Friday as a countermeasure to China’s curbs ⁤on rare⁣ earth exports, alongside new ​export controls on critical software.

Beijing cited Washington’s ⁢blacklisting ‌of​ Chinese firms and the imposition of port fees on China-linked ships as examples of “provocative and damaging” actions, labeling Trump’s ‍tariff‌ threat a presentation of “double⁢ standards.” The ministry emphasized ​that these actions “have severely harmed China’s interests and undermined the atmosphere for bilateral economic and trade talks.”

Notably, China has not⁣ yet announced any ‌reciprocal tariffs in response ‌to the US measures,⁣ diverging from previous rounds of trade tensions.

Rare​ earth elements are central to the ongoing trade dispute, being essential components in the manufacturing of a wide ‍range of products, including smartphones, electric vehicles, military hardware, and ‍renewable energy technologies.⁢ China currently dominates the global⁣ production​ and processing of these materials. Last Thursday, China announced new controls on the export of technologies used in ⁢the‌ mining and processing of critical​ minerals.

The escalating tensions also cast a shadow over a potential summit between ⁤President Trump and Chinese President Xi‍ Jinping at the Asia-Pacific Economic Cooperation summit in‌ South Korea later this month, which would be their first face-to-face meeting since Trump’s return to office in January.

The​ dispute has triggered volatility in global markets, ⁣impacting major tech stocks and raising concerns for‌ companies reliant on ​China’s dominance in rare earth processing.

meanwhile, Taiwan’s economy ministry indicated on ⁢Sunday that China’s latest export restrictions on rare​ earth elements are unlikely to substantially⁣ affect its semiconductor industry. The ministry explained‍ that the restricted rare earth elements differ from those used in Taiwan’s semiconductor manufacturing processes,​ and ‍that Taiwan primarily‍ sources⁢ these materials from europe, the united States, and japan.

October 12, 2025 0 comments
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News

Title: China Defiant: Won’t Back Down on Trump’s Tariff Threat

by Emma Walker – News Editor October 12, 2025
written by Emma Walker – News Editor

China Vows Retaliation Against Proposed 100% U.S. Tariff

BEIJING – China’s Commerce Ministry stated today it will resolutely take countermeasures to protect its interests if the U.S. proceeds with a threatened 100% tariff on Chinese goods,⁣ escalating tensions in an ongoing trade dispute. The statement, delivered as answers from an unnamed spokesperson to questions⁣ from unspecified media, comes after former President Trump‘s recent vow to impose the tariff and export controls on “critical⁤ software.”

both ⁢Washington and Beijing accuse each other of violating a previous trade truce ⁤through new trade restrictions.Trump, in a social media post, characterized China as⁤ “becoming very hostile” and accused it of leveraging its dominance in rare earth metals and magnets to ‍hold the world ​”captive.”

The Commerce Ministry countered that the U.S. has recently expanded export controls targeting Chinese companies. It affirmed that export licenses for rare earths would be granted for legitimate‌ civilian uses, while acknowledging⁤ their military applications. New regulations require foreign companies to obtain Chinese government approval to⁢ export items containing rare earths sourced from China, regardless ⁢of where the products are manufactured.

China currently controls approximately 70% of the ⁤world’s rare earth mining and 90% of global⁤ processing, making access to ‍thes critical minerals – used in products ranging from jet engines to smartphones – a key point ⁢of contention in U.S.-China trade negotiations.

The ministry also cited U.S. port fees on Chinese ships, set to take ‌effect Tuesday, ‌as a further ​provocation, announcing Friday that China would respond with equivalent fees on American vessels. The statement concluded by calling for concerns​ to be addressed through dialog.

October 12, 2025 0 comments
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