Iraq balks at greater Chinese control of its oilfields:

Iraq balks at greater Chinese control of its oilfields:

Iraq persuaded Lukoil to halt sale to Sinopec – sources: Baghdad concerned China becoming too dominant – sources: Western firms not happy with terms of Iraqi deals: LONDON / BASRA, May 17 (Reuters) – Iraq’s oil ministry thwarted three prospective deals last year that would have handed Chinese firms more control over its oilfields and … Read more

With an eye on China’s zero-Covid chaos, Taiwan seizes chance to open up:

With an eye on China’s zero-Covid chaos, Taiwan seizes chance to open up:

Taipei, Taiwan: CNN: – Business has been swift this week for Oscar Chen, the fourth-generation owner of the Liang Xi Hao restaurant in central Taipei. The tables at his diner in the Taiwanese capital are buzzing with customers, waiters bustle with dishes of squid soup and rice noodles, and talk and laughter fills the air. … Read more

The underground networks of Russians helping Ukrainian refugees:

The underground networks of Russians helping Ukrainian refugees:

TBILISI, May 11 (Reuters) – Ukrainian refugees who reluctantly find themselves under Moscow’s rule are receiving help from an unlikely quarter: networks of Russian volunteers helping those displaced by the war to leave Russia. When Bogdan Goncharov, his wife and 7-year-old daughter fled the shelling in their hometown of Mariupol in mid-March, they ended up … Read more

South Korea hunts tungsten treasure in race for rare minerals:

South Korea hunts tungsten treasure in race for rare minerals:

S.Korean tungsten mine gets $ 100 million makeover: Dozens of new mineral projects launched globally: Green, digital booms fuel demand for rare minerals: China is pre-eminent in critical minerals supply: GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s … Read more

Shipping delays are back as China’s lockdowns ripple around the world:

Shipping delays are back as China’s lockdowns ripple around the world:

Hong Kong: CNN Business: – Global shipping was just starting to recover from the chaos of the pandemic. Now port congestion: and delays are back and could be around for a while. Covid lockdowns in China have wreaked havoc: at Shanghai, the world’s largest container port, and: are now causing problems at other major ports … Read more