World

China announces new drills as US delegation visits Taiwan

Published

4 years ago

August 15, 2022

TAIPEI, Taiwan (AP) — China announced more military drills around Taiwan as the self-governing island’s president met with members of a new U.S. congressional delegation on Monday, threatening to renew tensions between Beijing and Washington just days after a similar visit by U.S. House Speaker Nancy Pelosi angered China.

Pelosi was the highest-level member of the U.S. government to visit Taiwan in 25 years, and her trip prompted nearly two weeks of threatening military exercises by China, which claims the island as its own. Beijing fired missiles over the island and into the Taiwan Strait and sent warplanes and navy ships across the waterway’s midline, which has long been a buffer between the sides that split amid civil war in 1949.

China accuses the U.S. of encouraging the island’s independence through the sale of weapons and engagement between U.S. politicians and the island’s government. Washington says it does not support independence, has no formal diplomatic ties with the island and maintains that the two sides should settle their dispute peacefully — but it is legally bound to ensure the island can defend itself against any attack.

“China will take resolute and strong measures to defend national sovereignty and territorial integrity,” Chinese Foreign Ministry spokesperson Wang Wenbin said at a daily briefing Monday, after Beijing announced new drills in the seas and skies surrounding Taiwan. “A handful of U.S. politicians, in collusion with the separatist forces of Taiwan independence, are trying to challenge the one-China principle, which is out of their depth and doomed to failure.”

The new exercises were intended to be “resolute response and solemn deterrent against collusion and provocation between the U.S. and Taiwan,” the Defense Ministry said earlier.

It was not clear if the new drills had already started since the ministry gave no details about where and when they would be conducted, in contrast to previous rounds.

The U.S. lawmakers, led by Democratic Sen. Ed Markey of Massachusetts, met with Taiwanese President Tsai Ing-wen, Foreign Minister Joseph Wu and legislators, according to the American Institute in Taiwan, Washington’s de-facto embassy on the island. The delegation “had an opportunity to exchange views with Taiwan counterparts on a wide range of issues of importance to both the United States and Taiwan,” the institute said in a statement.

China says it wants to use peaceful means to bring Taiwan under its control, but its recent saber rattling has emphasized its threat to take the island by military force. The earlier drills appeared to be a rehearsal of a blockade or attack on Taiwan that would force the cancellation of commercial flights and disrupt shipping to Taiwan’s main ports as well as cargo passing through the Taiwan Strait, one of the world’s busiest shipping lanes.

The exercises prompted Taiwan to put its military on alert, but were met largely with defiance or apathy among the public used to living in China’s shadow.

The American “visit at this time is of great significance, because the Chinese military exercise is (intended) to deter U.S. congressmen from visiting Taiwan,” Lo Chih-cheng, the chair of the Taiwan legislature’s Foreign and National Defense Committee, said after meeting with the U.S. lawmakers.

“Their visit this time proves that China cannot stop politicians from any country to visit Taiwan, and it also conveys an important message that the American people stand with the Taiwanese people,” Lo said.

A senior White House official on Asia policy said last week that China had used Pelosi’s visit as a pretext to launch an intensified pressure campaign against Taiwan, jeopardizing peace and stability across the Taiwan Strait and in the broader region.

“China has overreacted, and its actions continue to be provocative, destabilizing, and unprecedented,” Kurt Campbell, a deputy assistant to U.S. President Joe Biden, said on a call with reporters on Friday.

Campbell said the U.S. would send warships and planes through the Taiwan Strait in the next few weeks and is developing a roadmap for trade talks with Taiwan that he said the U.S. intends to announce in the coming days.

Beyond the geopolitical risks of rising tensions between two world powers, an extended crisis in the Taiwan Strait could have major implications for international supply chains at a time when the world is already facing disruptions and uncertainty in the wake of the coronavirus pandemic and the war in Ukraine. In particular, Taiwan is a crucial provider of computer chips for the global economy, including China’s high-tech sectors.

This week’s five-member congressional delegation planned to meet with both government and private sector representatives. Investment in Taiwan’s crucial semiconductor industry and reducing tensions in the Taiwan Strait were expected to be key topics of discussion.

The other members of the delegation are Republican Rep. Aumua Amata Coleman Radewagen, a delegate from American Samoa, and Democrats John Garamendi and Alan Lowenthal from California and Don Beyer from Virginia.

US NATIONAL NEWS

U.S. Expands Sanctions Targeting Iran’s Financial Networks and Regime Financiers

Published

3 days ago

July 10, 2026

FNN NEWS

WASHINGTON (FNN NEWS) — The Trump administration announced a new round of sanctions Friday targeting individuals and businesses accused of helping finance Iran’s ruling elite and facilitating international financial transactions on behalf of the Iranian regime.

The sanctions, announced by the U.S. Department of the Treasury, target a global financial network that U.S. officials say supports Iran’s Supreme Leader and other senior regime officials.

Global Financial Network Targeted

According to the administration, the sanctions focus on Ali Ansari, a Dubai-based Iranian national accused of managing an extensive network of real estate and commercial holdings across multiple countries on behalf of Mojtaba Khamenei, the son of Iran’s Supreme Leader, and other regime insiders.

U.S. officials said the network includes assets and business interests in:

Germany
United Kingdom
Spain
Cyprus
United Arab Emirates
Other international jurisdictions

The administration alleges the network has been used to help Iranian regime officials maintain access to international financial markets.

Currency Exchange Houses Sanctioned

The Treasury Department also imposed sanctions on three Iran-based currency exchange firms and their associated leadership:

Mohammad Darbani and Partners
Lavasani and Partners
Mohsen Khandan and Partners

The sanctions also extend to the firms’ managing partners and affiliated front companies.

According to the administration, these entities allegedly enabled Iran to obtain foreign currency and conduct international financial transactions despite existing U.S. sanctions.

Administration Cites Maximum Pressure Campaign

The White House said the latest designations are part of President Donald Trump’s broader strategy to increase economic pressure on Iran.

Administration officials said they will continue targeting individuals, businesses and financial institutions—including foreign entities—that facilitate illicit Iranian commerce or assist the regime in evading U.S. sanctions.

The administration maintains that the sanctions are intended to pressure Iran to end what it describes as destabilizing activities in the region and to hold accountable those who enable corruption within the Iranian government.

Authorities Used for Sanctions

The sanctions were imposed under multiple executive authorities, including:

Executive Order 13902, targeting Iran’s financial and petroleum sectors.
Executive Order 13876, focusing on Iran’s Supreme Leader and affiliated individuals.
Executive Order 13224, as amended by Executive Order 13886, which provides counterterrorism sanctions authority.

Treasury officials said the latest designations build upon previous actions by the Office of Foreign Assets Control (OFAC) targeting Iran’s shadow banking system and currency exchange networks.

World

U.S., CARICOM IMPACS Sign Landmark Biometrics Data-Sharing Agreement to Strengthen Border Security

Published

3 days ago

July 10, 2026

FNN NEWS

WASHINGTON (FNN NEWS) — The U.S. Department of Homeland Security (DHS) and the CARICOM Implementation Agency for Crime and Security (CARICOM IMPACS) signed a Biometrics Data Sharing Partnership (BDSP) Memorandum of Cooperation (MOC) on Friday, establishing a new framework for sharing biometric information to strengthen border security and immigration screening.

The agreement was signed July 10 at the Embassy of Saint Kitts and Nevis in Washington, D.C.

Strengthening National and Regional Security

According to DHS, the agreement enhances U.S. national security by enabling biometric information sharing between the United States and CARICOM member states that operate Citizenship by Investment (CBI) programs.

Officials said the partnership will improve the ability of both the United States and participating Caribbean nations to identify potential security threats before individuals enter the United States.

The agreement is also intended to help prevent individuals from exploiting Citizenship by Investment programs to evade immigration or law enforcement screening, addressing what officials described as a critical gap in Western Hemisphere security.

Supporting Immigration Integrity

The memorandum also reflects Caribbean governments’ commitment to strengthening immigration integrity and aligning border security practices with U.S. standards.

DHS said the partnership reinforces regional cooperation on identity verification, information sharing and security screening while supporting lawful travel and international security efforts.

Senior Officials Attend Signing Ceremony

The signing ceremony brought together senior representatives from:

U.S. Department of Homeland Security
White House Homeland Security Council
U.S. Department of State
CARICOM IMPACS

Diplomatic representatives from the following Caribbean nations also participated:

Antigua and Barbuda
Dominica
Grenada
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

These countries currently operate Citizenship by Investment programs that provide foreign nationals a pathway to citizenship through qualifying investments.

Regional Security Cooperation Expands

The Biometrics Data Sharing Partnership represents one of the most significant security cooperation agreements between the United States and CARICOM member states in recent years.

Officials said the framework will strengthen information sharing, improve border security, support immigration integrity and enhance efforts to identify individuals who may pose security risks before they travel to the United States.

World

CARICOM Leaders Unveil Regional Measures to Combat Rising Cost of Living

Published

3 days ago

July 10, 2026

FNN NEWS

GROS ISLET, Saint Lucia (FNN NEWS) — Caribbean leaders agreed on a series of regional and national measures aimed at easing the rising cost of living during the 51st Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM), held July 5–8 in Gros Islet, Saint Lucia.

Meeting under the theme “CARICOM: From Resilience to Renewal in a Changing World,” Heads of Government focused on policies designed to reduce the financial burden on households as geopolitical tensions continue to drive up global prices for fuel, transportation and essential goods.

People-First Agenda

Speaking at the closing news conference, CARICOM Chairman and Saint Lucia Prime Minister Philip J. Pierre said leaders centered their discussions on improving the daily lives of Caribbean citizens.

“Our discussions over the past four days were guided by one central objective—ensuring that CARICOM delivers results that people can see and feel in their everyday lives,” Pierre said.

He said member states agreed to strengthen regional cooperation to:

Protect consumers
Improve affordability
Provide additional relief for vulnerable households
Address rising prices across the Caribbean Community

Pierre acknowledged that every CARICOM nation is experiencing higher living costs, largely fueled by global increases in energy prices.

“There is one factor we have no control over, which is the price of fuel,” he said.

Saint Lucia has responded by removing the value-added tax (VAT) on selected essential goods.

Regional Solutions to Lower Costs

CARICOM leaders outlined several initiatives intended to reduce costs across the region, including:

Reducing taxes on imported fuel
Lowering freight and shipping costs
Expanding renewable energy investments
Reducing intra-regional cargo transportation expenses
Accelerating the launch of a regional ferry service

Leaders said improving transportation and energy infrastructure is critical to making goods and services more affordable throughout the Caribbean.

Barbados Expands Financial Relief

Barbados Prime Minister Mia Amor Mottley highlighted several national initiatives already underway, including:

A cost-of-living allowance for pensioners
A 30% increase in welfare payments
Consumer price comparison technology allowing shoppers to compare prices among retailers

Mottley also identified the proposed regional ferry service as one of CARICOM’s most significant economic initiatives.

The ferry system would reduce shipping costs by improving cargo movement among Caribbean nations while strengthening regional trade.

Officials plan to use a Trinidad and Tobago ferry as a proof of concept while private-sector operators acquire additional vessels. Regulatory work is expected to be completed within three months, while procurement of permanent vessels could take up to one year.

Mottley also announced efforts to establish agreements covering:

Mutual recognition of licenses
Insurance standards
Port infrastructure improvements
Cross-border movement of cargo vehicles

Healthcare Collaboration to Reduce Costs

Trinidad and Tobago Prime Minister Kamla Persad-Bissessar proposed expanding regional healthcare cooperation as another way to reduce living expenses.

She offered CARICOM members access to Trinidad and Tobago’s:

National prosthetic center
Specialized children’s hospital
Medical professionals and specialists

“If we partner together, we can bring down the cost of living,” Persad-Bissessar said.

Renewable Energy a Long-Term Priority

Outgoing CARICOM Chairman Dr. Terrance Drew, Prime Minister of Saint Kitts and Nevis, emphasized that energy remains one of the region’s greatest economic challenges.

He called for accelerated investments in:

Solar energy
Wind power
Geothermal energy
Wave energy

Drew said greater energy independence would help stabilize electricity costs, strengthen Caribbean economies and provide long-term relief for consumers.

“Renewable energy can really help transform the Caribbean and help us manage the cost of living for all of our people,” he said.

Looking Ahead

CARICOM leaders concluded the summit by reaffirming their commitment to expanding regional cooperation to improve affordability, strengthen consumer protections and increase economic resilience across the Caribbean.

Officials said the planned ferry network, renewable energy investments and coordinated economic policies are expected to play key roles in reducing costs for Caribbean families while promoting long-term regional growth.