The Australian government has effectively cut its losses in the Trans-Pacific Partnership, signalling support for Chinese-led trade deals before a meeting this weekend of the Asia-Pacific Economic Cooperation group in Peru. Source The Guardian
The Defense Ministry plans to introduce a land-based Aegis missile defense system to respond to North Korea’s missile threats and will seek funding in the next fiscal year to cover system design costs, a government source said Wednesday.
There are signs of UE recovery,with Eurostat reporting 2.2% euro-area growth over the second quarter of 2017, up from last year’s 0.6%. Central/Eastern Europe was growing fastest: Romania (5.7%), Latvia (4.8%), Czech Republic (4.5%) and Poland (4.4%). The weakest growth was in Belgium (1.4%), Italy (1.5%), Finland and UK (1,7). Source: Euobserver
Singapore stands ready to partner China to jointly build the Belt and Road Initiative, Singapore’s Minister for National Development and Second Minister for Finance Lawrence Wong said on Tuesday. Source: China Daily
