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Taiwan Turns to Companies in Ukraine for China Contingency Planning

Taiwan is learning from companies in Ukraine that continue to provide critical services during wartime, including Uber and Microsoft, as it speeds up contingency planning amid heightened Chinese threats. The island is taking inspirations from Ukraine's experiences on incorporating supermarkets into the government's supply distribution network and utilizing taxi services for medical emergencies. Taiwan is revamping its air-raid alert and shelter systems, taking into account lessons from northern European countries and Baltic states.

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TSMC's $100 Billion Gamble Jeopardizes 'Taiwan First'. Δ1.77

Taiwan Semiconductor Manufacturing Company (TSMC) has announced a substantial $100 billion investment to expand its operations in the United States, which poses risks to its commitment to keeping advanced chip production in Taiwan. The move, driven by pressures including potential tariffs and the need to secure its most important market, could dilute TSMC's "Taiwan First" policy, which emphasizes maintaining the company’s core technological activities on its home island. As TSMC establishes a major research and development center stateside, concerns grow about the implications for Taiwan’s semiconductor industry amid increasing geopolitical tensions.

NATO Armies Unprepared for Drone Wars, Ukraine Commander Warns Δ1.77

NATO armed forces are struggling to cope with the rapid evolution of drone warfare, according to Colonel Vadym Sukharevskyi, the head of Ukraine's Unmanned Systems Forces. The conflict in Ukraine has accelerated the development and deployment of drones, which have become a crucial component of modern warfare. As Kyiv strives to stay ahead of the enemy, it is employing artificial intelligence, deploying more ground drones, and testing lasers to bring down Russian unmanned aerial vehicles.

China Will Work to Firmly Advance 'Reunification' With Taiwan, Premier Says Δ1.77

Chinese Premier Li Qiang has reiterated China's commitment to "firmly advance" reunification with Taiwan, opposing any external interference while appealing to the Taiwanese people as "fellow Chinese." The language used in this year's report marks a shift from previous statements, dropping the emphasis on "peaceful" reunification, reflecting China's increasing military pressure on the self-governing island. As tensions escalate, China's stance on Taiwan continues to prioritize economic relations, indicating that while reunification remains a key agenda, it may not be the primary focus amid broader geopolitical challenges.

Trump Tariffs Live: Trade War as US Hits China, Canada, and Mexico; Military Aid to Ukraine Paused Δ1.76

The United States has imposed significant tariffs on imports from China, Canada, and Mexico, triggering immediate retaliatory measures from affected nations, including additional tariffs from China and a promise of responses from both Canada and Mexico. Concurrently, President Trump has paused military aid to Ukraine, prompting concerns about the country's military readiness and reliance on Western support amid ongoing conflict with Russia. Analysts suggest that these moves may not only escalate tensions in international trade but also shift the dynamics of military support in Eastern Europe.

Ukraine Can Hold Out on Frontline, Kyiv Says After Trump's Military Aid Pause Δ1.76

Ukraine has maintained its ability to supply its front lines despite the U.S. pause in military aid, while President Zelenskiy remains silent on the issue. The aid freeze has sparked tensions between Washington and Kyiv, with the Kremlin saying it is a step towards peace. Ukraine's military capabilities have been bolstered by EU and other international support since the start of the conflict.

Ukraine Firmly Determined to Continue Cooperation with US, PM Says Δ1.76

Ukraine is "firmly determined" to continue cooperation with the United States, Prime Minister Denys Shmyhal said on Tuesday following the news that Washington paused its crucial military aid. Shmyhal said Ukrainian forces could hold the situation on the battlefield as they fight Russian troops despite the pause in U.S. supplies. President Donald Trump stunned Ukrainians by pausing the supply of U.S. military aid that has been critical for Kyiv since Russia's 2022 invasion.

'Impossible' For US to Give Up Indo-Pacific, Taiwan Defence Minister Says Δ1.75

Taiwan's Defence Minister Wellington Koo has emphasized that the United States cannot abandon the Indo-Pacific region, asserting its significance as a "core national interest." Amid rising military pressure from China, Koo expressed concerns regarding U.S. security commitments to Taiwan, highlighting the necessity for deterrence to maintain regional stability. The relationship between Taiwan and the U.S. remains crucial, as Taiwan relies heavily on American support despite the absence of formal diplomatic ties.

Ukraine's Parliament Says Trump's Peacekeeping Is 'Decisive' In Ending the War Δ1.75

Ukraine's parliament has hailed President Donald Trump's peacekeeping efforts as "decisive" in ending the country's three-year-old war with Russia, citing US support as crucial to Ukraine's security. The statement comes after a public row between Trump and Ukrainian President Volodymyr Zelenskiy at the White House. Washington's backing for Ukraine has been a key factor in maintaining the country's sovereignty and resilience against Russian aggression.

Trump Will Splinter World’s 'China Plus One' Plans Δ1.75

Donald Trump is intensifying efforts to cut imports from China, aiming to establish self-sufficiency in key sectors and reduce reliance on the world's second-largest economy. His administration has already imposed significant new tariffs and is targeting backdoor trade routes that companies have utilized to circumvent previous restrictions. This shift signals potential upheaval in global supply chains, particularly for nations like Vietnam that have benefited from the "China plus one" strategy.

Emerging Markets Rattled on Threats to Trade, Ukraine Deal Δ1.75

Emerging markets are reeling from investor concerns over US President Donald Trump's trade threats and the fading prospect of a Ukraine ceasefire, leading to their biggest drop since August. The turmoil follows Trump's announcement of further tariffs on China, along with plans for levies on imports from Mexico and Canada in the coming week. As tensions between the world's two largest economies continue to escalate, emerging markets are feeling the pinch.

Britain Reaches Deal with Defence Company to Supply Advanced Attack Drones to Ukraine Δ1.75

The British government has announced a deal with defence tech company Anduril UK to provide Ukraine with advanced attack drones designed to monitor areas before striking targets, marking a significant escalation in military support for the country. The contracts, worth nearly 30 million pounds, will allow Ukrainian armed forces to use these drones in the Black Sea region. This move is seen as a major boost to Ukraine's ability to defend itself against Russian aggression.

China Vows Utmost Efforts for 'Peaceful Reunification' With Taiwan Δ1.75

China will exert utmost efforts to realise "peaceful reunification" with Taiwan, but will take all necessary steps to safeguard China's territorial integrity. Chinese President Xi Jinping has emphasized the importance of reunification, stating that Taiwan is an inalienable part of China. The Chinese government views Taiwanese identity as a threat to its national unity.

Scranton's Military Aid Role Under Threat Δ1.75

The US city of Scranton, Pennsylvania, has played a small but significant role in supporting Ukraine during the ongoing conflict, with its ammunition plant manufacturing artillery rounds for the country's military. However, President Donald Trump's pause on military aid and intelligence sharing for Ukraine has left the war-torn country's residents uncertain about their futures, and rattled America's European allies. The Scranton Army Artillery Plant, which produces large-calibre metal projectiles, is facing an uncertain future as its role in geopolitics could be winding down.

Turkey Ready to Send Troops to Ukraine if Necessary, Source Says Δ1.75

Turkey, with its second largest army in NATO after the United States, could contribute to a potential peacekeeping mission in Ukraine, a Turkish defence ministry source said on Wednesday. The source stated that discussions on a Turkish deployment remained conceptual and emphasized that initial deployments would involve non-combatant units to monitor a ceasefire. Turkey has maintained cordial relations with both Russia and Ukraine throughout their war, though it is historically a rival of Moscow.

Tsmc Plans Us Investment Review to Analyze Industry Position Δ1.75

Taiwan's government will carefully evaluate TSMC's planned $100 billion investment in the United States, considering its impact on Taiwan's position in the global chips industry and the country's competitiveness. The review aims to assess whether the investment aligns with Taiwanese interests and enhances the nation's reputation as a leading semiconductor manufacturer. A favorable outcome would bolster Taiwan's economic influence and reinforce its commitment to international cooperation.

Europe Needs ‘Coalition of Willing’ for Ukraine Δ1.75

A coalition of European countries willing to provide Ukraine with security guarantees after any US-brokered ceasefire is necessary, according to UK Prime Minister Keir Starmer. This approach would involve a group of willing nations working together on a plan to stop the fighting in Ukraine. The proposal aims to rapidly ramp up defense spending and maintain momentum for Ukrainian support.

US Says Ukraine 'Ready to Move Forward' On Ceasefire Demand Δ1.74

Ukraine is under US pressure to accept a quick truce to end the war with Russia, with senior US officials believing the country's leadership is "ready to move forward" with the US's demand for a ceasefire process. The Trump administration has stepped up pressure on Ukrainian President Volodymyr Zelensky to accept his demands for a rapid ceasefire with Moscow, despite doubts about Ukraine's willingness to negotiate. A meeting between US and Ukrainian officials is set to take place in Saudi Arabia, where the two sides are expected to discuss a framework for peace.

Euro Rebounds From 2-1/2-Week Low, Ukraine and Defence Spending in Focus Δ1.74

The euro rebounded as EU leaders drew up a Ukraine peace plan, which may boost future growth and support the currency. A likely increase in fiscal spending by euro zone countries could provide some boost to future growth, supporting the currency. The renewed push for peace in Ukraine and possible increase in defence spending are monitoring closely by investors.

Russia Trying to Gain Foothold in Ukraine's Sumy Region, Border Guard Says Δ1.74

Russian forces are attempting to create an active fighting zone in Ukraine's northeastern region of Sumy, across the border from Russia's Kursk region, amid increased pressure on Ukrainian troops. The situation is part of a broader escalation of tensions between the two nations, with both sides accusing each other of aggression. Ukraine's military has been working to repel Russian attacks and prevent the establishment of a hostile zone.

Britain, France Refine Ukraine Peace Plan with New Washington Trip in Mind Δ1.74

France and Britain are aiming to finalise a peace plan for Ukraine, possibly "in days", that could be presented to the United States, while building bridges between the U.S. and Ukraine before possible talks in Washington. The two European powers have held several calls with Donald Trump and Volodymyr Zelenskiy since their fractious meeting last Friday in the Oval Office led to a suspension of U.S. military aid to Kyiv. A visit by Macron, Starmer, and Zelenskiy is under consideration, although the French presidency quickly corrected this statement.

Tariffs on Taiwanese Chips Pose Global Supply Chain Risks Δ1.74

Enforcing tariffs on Taiwan would be difficult, and they wouldn’t necessarily be enough to meaningfully increase semiconductor manufacturing in the United States, experts told WIRED. The move could lead to disruptions in global supply chains, potentially affecting not just the US but also other countries reliant on Taiwanese chip exports. The outcome of this decision will depend on various factors, including the effectiveness of potential mitigation strategies.

Microsoft Warns of Chinese Hackers Targeting Cloud Apps to Steal Business Data Δ1.74

Microsoft's Threat Intelligence has identified a new tactic from Chinese threat actor Silk Typhoon towards targeting "common IT solutions" such as cloud applications and remote management tools in order to gain access to victim systems. The group has been observed attacking a wide range of sectors, including IT services and infrastructure, healthcare, legal services, defense, government agencies, and many more. By exploiting zero-day vulnerabilities in edge devices, Silk Typhoon has established itself as one of the Chinese threat actors with the "largest targeting footprints".

Ukraine and Trump's White House Faces Uncertain Future Δ1.74

The situation in Ukraine remains uncertain, with ongoing tensions between Russia and Western countries, including the United States. The Biden administration's decision to send advanced military equipment to Ukraine has increased the stakes, as Moscow responds with increasing aggression. As the conflict escalates, diplomatic efforts are crucial to preventing a wider war.

Europe Seeks to Broker Peace in Ukraine — and Between Trump and Kyiv After the White House Fiasco Δ1.74

European leaders are gathering to bolster support for Ukraine and build bridges between Kyiv and Washington following a public attack on Ukrainian President Volodymyr Zelenskyy at the Oval Office. European allies have presented their own peacekeeping plans for Ukraine, aiming to position the region as a mediator in future peace talks. The U.S. has been largely sidelined in such discussions, with tensions between Washington and Kyiv rising to a boiling point.

US Military Aid Pause Is a Blow to Ukraine, but Not Fatal for Now Δ1.74

U.S. President Donald Trump's suspension of military assistance to Ukraine has dealt a significant blow to Kyiv's ability to defend itself, particularly in terms of air defences and precision strike capabilities. However, Ukraine's reduced reliance on U.S. weapons means the impact of this pause will be less severe than it would have been earlier in the war. The depletion of inventories over time may lead to more pronounced effects, including shortages of artillery shells.