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CHINA: South Korean, Chinese And Japanese Leaders Discuss Thorny Topics And Ways To Boost Cooperation
SEOUL, South Korea — When Japanese and South Korean presidents met individually with China’s premier on the eve of a larger trilateral summit, they discussed delicate issues such as Taiwan, North Korea, and the South China Sea, as well as measures to strengthen collaboration.
It needed to be clarified how serious the three leaders’ discussions on those tough subjects were, given they were not on the formal agenda for Monday’s three-way meeting in Seoul, the first of its sort in almost four years.
No huge announcements are expected from the meeting, but observers say that simply renewing high-level talks with the three Northeast Asian countries is a promising indicator that they want to improve relations. Their trilateral summit was scheduled to take place annually, but it has been blocked since the last one in December 2019 because of the COVID-19 pandemic and the three countries’ intricate ties.
South Korean, Chinese And Japanese Leaders Discuss Thorny Topics And Ways To Boost Cooperation
After meeting Chinese Premier Li Qiang, Japanese Prime Minister Fumio Kishida told reporters that he was deeply concerned about the circumstances in the South China Sea, Hong Kong, and China’s northern Xinjiang region. He stated that Japan is keenly observing developments in self-governed Taiwan.
He cited China’s military assertiveness in the South China Sea, crackdowns on pro-democracy rallies in Hong Kong, and human rights violations against minority groups in Xinjiang. China also began a huge military drill surrounding Taiwan last week to express its dissatisfaction with the inauguration of the island’s new president, who refuses to accept China’s claim that Taiwan is part of China.
According to Yoon’s office, during a separate meeting with Li, South Korean President Yoon Suk Yeol asked China, as a permanent member of the United Nations Security Council, to help promote peace on the Korean Peninsula. The president also discussed North Korea’s nuclear program and its growing military ties with Russia.
Yoon’s office stated that in their separate meetings, Yoon and Kishida shared concerns over North Korea’s nuclear development and agreed to deepen cooperation with the US.
South Korea, Japan, and the United States have long encouraged China, North Korea’s main ally and economic conduit, to use its influence to persuade the country to renounce its nuclear goals. However, China is suspected of not fully enforcing UN sanctions on North Korea and providing clandestine aid supplies to help its impoverished neighbor stay afloat.
South Korean, Chinese And Japanese Leaders Discuss Thorny Topics And Ways To Boost Cooperation
The three leaders also discussed ways to improve economic and other cooperation.
Yoon and Li agreed to establish a new South Korean-Chinese conversation channel in mid-June, including senior diplomats and defense officials. According to Yoon’s office, they also agreed to resume negotiations to broaden the free trade agreement and resuscitate inactive committees on personnel exchanges, investments, and other matters.
The Chinese state media reported Li advised Yoon that the two countries should maintain the stability of their intricately linked industrial and supply chains and avoid converting economic and trade concerns into political and security issues.
Kishida and Li reaffirmed Japan and China’s commitment to making progress in various sectors to foster mutually beneficial relations. Kishida and Yoon also pledged to enhance ties, which have improved dramatically since last year after a setback over concerns relating to Japan’s 1910-1945 colonial domination of the Korean Peninsula.
South Korean authorities stated that a joint statement issued following Monday’s trilateral summit will encompass the leaders’ discussions on cooperation in people-to-people exchanges, climate change, commerce, health issues, technology, and disaster response.
The three Asian countries are vital commercial partners, and their collaboration is essential for promoting regional peace and development. They jointly account for around 25% of global GDP. However, the three countries have regularly engaged in acrimonious disagreements over a variety of historical and diplomatic concerns stemming from Japan’s wartime atrocities. China’s ascent and the United States’ effort to strengthen its Asian alliances have substantially impacted their three-way ties in recent years.
South Korean, china And Japanese Leaders Discuss Thorny Topics And Ways To Boost Cooperation
Experts say South Korea, China, and Japan must enhance their ties. South Korea and Japan desire better ties with China, their largest trading partner. China is likely to consider that further expanding the cooperation between South Korea, Japan, and the United States would harm its national interests.
In the meantime, China has always sent its premier, the country’s second-highest-ranking official, to the trilateral leaders’ conference since its inception in 2008. According to observers, China previously contended that under then-collective leadership, its premier was in charge of economic affairs and, hence, best prepared to attend the summit, which focused mostly on economic concerns.
However, they believe China will face increased pressure to have President Xi Jinping attend since he has concentrated power in his hands and disregarded collaborative leadership standards.
SOURCE – (AP)
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Cases Of The US Flu Season Are Rising, While Vaccinations Are Behind Schedule.
(VOR News) – The U.S. flu season has begun, according to health experts, who also noted a sharp rise in cases countrywide on Friday.
Significant increases were noted by the Centres for Disease Control and Prevention in a number of indicators, such as laboratory tests and ED visits. “For the past few weeks, it has been increasing steadily.” “Yes, we are in flu season right now,” CDC’s Alicia Budd said.
Last week, flu-like sickness was reported at elevated or very elevated levels in 13 states, roughly twice as many as the week before. Dr. William Schaffner, an infectious disease specialist at Vanderbilt University, says Tennessee is seeing a spike in sickness in the Nashville area.
Schaffner said, “Influenza cases have been increasing, but they have increased significantly in the last week.” He noted that up to 25% of patients in a nearby clinic, which is a gauge of illness trends, have flu-like symptoms.
An early focal point was Louisiana.
Our Lady of the Lake Regional Medical Centre, the largest private hospital in the state, in Baton Rouge, has infectious diseases specialist Dr. Catherine O’Neal, who said, “This week is a significant turning point as individuals are affected by the flu.” “Parents frequently say, ‘I have the flu and can’t go to work,’ and ‘Where can I get a flu test?'”
Fever, cough, sore throat, and other influenza-like symptoms are caused by a variety of viruses. COVID-19 is one of them. Another flu season common disease that causes cold-like symptoms but poses serious hazards to infants and the elderly is respiratory syncytial virus (RSV).
Recent CDC numbers indicate a decline in COVID-19 hospitalisations since the summer. According to CDC wastewater data, COVID-19 activity is modest nationwide but elevated in the Midwest.
Although RSV hospitalisations are still marginally more common than flu admissions, they started to rise before flu season cases and currently show signs of perhaps stabilising. RSV activity is low nationwide, but wastewater data shows that it is high in the South.
Based on a number of indicators, such as laboratory results from hospitalised patients and outpatient clinics, as well as the percentage of ED visits that resulted in an influenza diagnosis at discharge, the CDC declared the start of the flu season.
According to Budd, it is too early in the season to determine the effectiveness of the influenza vaccine, and no type of virus seems to be more common.
The flu season last winter was classified as “moderate” overall, but it continued for 21 weeks, and the CDC estimates that 28,000 people died from the virus. With 205 paediatric deaths reported, the situation was particularly dangerous for kids. It was the largest number ever recorded for a conventional influenza season.
The prolonged flu season was probably one of the reasons, Budd added.
The lack of influenza vaccinations was one of the contributing factors. The CDC reports that 80% of children who passed away and had verified vaccination status and were of the right age for flu shots were not completely immunised.
Children’s immunisation rates are drastically lower this year. About 41% of people had a flu shot as of December 7, which is similar to the percentage at the same time last year. For youngsters, the figure is steady, although it is lower than in the previous year, when 44% received an influenza vaccination, according to CDC data.
About 21% of adults and 11% of children are fully vaccinated against COVID-19, which is still a poor vaccination rate.
Influenza experts advise everyone to get vaccinated, especially as people get ready for holiday gatherings where respiratory diseases could spread widely.
“This virus also has the potential to spread from person to person at all those happy, pleasant, and heartwarming events,” Schaffner said. “flu season Vaccination remains a viable option.”
However, Louisiana’s health department announced on Friday that it was rescinding its COVID-19 and flu vaccination recommendations. According to an official, the department’s current position is that people should speak with their doctors about whether the immunisations are suitable for their situation.
The department’s spokesperson, Emma Herrock, did not respond to follow-up questions regarding the policy. Dr. Ralph Abraham, the state’s surgeon general, has expressed concerns in the past regarding the COVID-19 vaccine’s effectiveness and safety.
SOURCE: AP
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Social Security Change Approved By Senate Despite Fiscal Concerns
King Charles Could Millions Annually from Renting His Properties
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Social Security Change Approved By Senate Despite Fiscal Concerns
(VOR News) – On Saturday, the U.S. Congress passed a plan to increase Social Security retirement payouts for some retirees who receive public pensions, a move that critics say will further erode the program’s financial stability. Among these pensioners are former firefighters and police officers.
The Social Security Fairness Act was passed by the Senate on a bipartisan vote of 76-20 just after midnight. The act may lower payments for those receiving pensions and aims to repeal provisions that have existed for 20 years.
The House of Representatives passed the bill last month by a vote of 327-75, meaning that if the Senate also approves it, it would be delivered to Democratic President Joe Biden to become law.
The White House dodged enquiries regarding Social Security’s objectives.
In order to limit government benefits for certain higher-paid employees who are also getting pensions, the measure will reverse a long-standing change to the program. It has become increasingly common in recent years for municipal employees, such as postal workers and firefighters, to face pay limitations.
The vast majority of Americans do not take part in pension plans that provide a fixed return on investment, instead relying on their own savings and Social Security. According to data from the Department of Labour, only 10% of private sector employees in the US are covered by pension plans.
The new rules apply to about 3 percent of Social Security users, or more than 2.5 million people in the United States. Legislators are heavily influenced by the workers and retirees impacted by these rules, and the powerful advocacy organisations that speak for them have been using the legislative process to push for a legislative cure.
According to retirement experts, some retirees may be able to earn hundreds of dollars more in government benefits each month as a result of the move.
According to a Congressional Budget Office analysis, the bill is expected to cost approximately $196 billion over the next 10 years. As a result, federal budget experts are worried that the change could negatively affect the program’s already fragile financial status.
In an interview with the Bipartisan Policy Centre, Emerson Sprick, associate director of economic policy, said he was frustrated by “the overwhelming support in Congress for the contrary of what policy researchers concur on is quite frustrating.”
Instead of eliminating current formulas, we could improve them.
Among these changes is the Social Security Administration’s increased disclosure of the anticipated monetary benefits for these public sector workers.
The Committee for a Responsible Federal Budget, a nonpartisan fiscal think tank, has voiced concerns that the additional cost will impact the program’s ability to continue.
Maya MacGuineas, the organization’s leader, made the declaration, saying, “We are hastening towards our own fiscal ruin.”
“It is noteworthy that lawmakers are in a position to shorten the timeframe by six months, as there are just nine years left before the trust fund for the biggest program in the country runs out.”
Senator Ted Cruz, a Republican, said on the Senate floor on Wednesday that the bill in its current form would “throw granny over the cliff.”
According to what he stated, “every senator who votes to impose a burden of $200 billion on the Social Security Trust Fund is opting to put the interests of senior citizens who have contributed to Social Security and earned those benefits in jeopardy.”
Those who favoured the legislation said that the question of what would happen to Social Security could be settled later.
“Those are significantly longer-term concerns that we must collaboratively address,” a supporter of the idea Senator Michael Bennett told Reuters when asked if the move would affect the government’s capacity to be viable.
SOURCE: BR
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King Charles Could Millions Annually from Renting His Properties
Man Creates Candy Cane Car to Spread Christmas Cheer
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King Charles Could Millions Annually from Renting His Properties
A recent analysis suggests that King Charles might earn over £1 million each year by renting out royal properties to holidaymakers.
The Royal Family’s historic houses and mansions are popular holiday rentals, contributing significantly to the Palace’s revenue.
Pikl Insurance estimates that the royals may earn up to £118,775.85 per month, or around £1,425,310.20 per year, from their holiday rental portfolio. Even after accounting for cancellations, the monarchy is anticipated to generate a net annual income of somewhat more over £1.4 million.
Estimated Annual Rental Income of £1.4 Million
The four primary royal properties accepting public bookings are Balmoral Castle, Castle of Mey’s Captain House, Restormel Manor, and Dumfries House, according to Express.co.uk. Cottages at Balmoral Castle in Scotland are expected to generate £36,798.30 per month after accounting for cancellations.
According to the numbers, the 500-year-old Restormel Manor in Cornwall is the most profitable of them all, earning a solid £47,082 every month. The resort, located in the Fowey Valley, has four booking spaces and six converted barns.
Dumfries House in Ayrshire, Scotland, adds an estimated £31,185.63 and offers 25 rooms for booking. The Castle of Mey’s Captain House in the Scottish Highlands is estimated to generate a more modest £3,709.92 per month, despite the fact that the entire property is available for booking.
The analysts stated, “While the Royal Family’s primary role is undoubtedly to serve the nation, it is clear that their properties are also a valuable asset.” These estimates highlight the royal estate’s considerable financial potential and provide an intriguing peek into the monarchy’s corporate operations.”
Royal Family received £86.3 million from the taxpayer-funded Sovereign Grant in the previous fiscal year, according to official numbers released in July.
All revenues from the Crown Estate, which includes royal households, forestry, agriculture, and offshore wind, are paid directly to the Treasury, with a portion of this money, now 12%, returned to the Royal Family to finance their tasks.
The records also cover a period of jubilation, including the coronation and festivities surrounding the King and Queen’s crowning in May of last year.
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