Finance & Economics

Mysterious China Vessel cuts Taiwan’s undersea cable; lurking suspiciously for a month off Taiwan…

By Wyatt Mingji Lim | January 7, 2025

In a disturbing development from Taiwan, the Taiwanese Coast Guard is investigating a potential case of sabotage involving undersea internet cables. These cables, which are crucial for Taiwan’s internet connectivity, were reportedly damaged by an alleged Chinese vessel. However, the investigation has hit a roadblock as authorities have been unable to board the suspected ship…

Moldova Turns to Romania and Ukraine for Energy as Russia Halts Gas Supplies

By Wyatt Mingji Lim | January 2, 2025

Moldova is shifting to electricity imports from Romania and Ukraine after Russia’s state-owned energy giant, Gazprom, ceased gas supplies on Jan. 1. The halt comes amid the expiration of a key transit agreement with Ukraine and geopolitical tensions, leaving Moldova to address its energy needs through alternative sources. The Reasons Behind the Gas Cut-Off Gazprom’s…

Austria’s Bold Stance on Russian Gas: A New Chapter in Energy Politics

By Wyatt Mingji Lim | November 20, 2024

The Austrian utility company OMV announced that it would no longer pay for gas supplied by Gazprom, the Russian state-controlled gas giant. This decision came in light of a €230 million arbitration award granted to OMV by the International Chamber of Commerce due to irregular gas supplies from Gazprom. Background of the Dispute The tensions…

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SCMP: Many Chinese companies ‘will go bankrupt’

By Wyatt Mingji Lim | July 26, 2018

Original Article: Many Chinese companies ‘will go bankrupt’, if US delivers on tariff threats, court newspaper warns In an opinion piece published on Wednesday by People’s Court Daily, Du Wanhua, deputy director of an advisory committee to the Supreme People’s Court, said that courts needed to be aware of the potential harm the tariff row could cause. “It’s…

Why China imports soybeans from the US?

By Wyatt Mingji Lim | April 7, 2018

source: https://atlas.media.mit.edu/en/visualize/tree_map/hs92/export/usa/chn/show/2016/ The entire squabble between Beijing and Trump, where they slap tariffs on each other like its just same children game, had shine the spotlight on one particular item, that China had just slap the tariff on: Soybean. A quick search on the MIT’s Observatory of Economic Complexity app, you will find the above visualisation (screenshot)…

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