International
Xi congratulates Trump and calls for a “stable, healthy and sustainable” relationship between China and the United States
The President of China, Xi Jinping, called the winner of the elections in the United States, former president and Republican candidate Donald Trump, to congratulate him and ask him that the relationship between the two powers be “stable, healthy and sustainable.”
“Xi Jinping pointed out that history teaches us that China and the US. The US will benefit from cooperation and suffer from confrontation. A stable, healthy and sustainable relationship (…) meets the mutual interests of both countries and the expectations of the international community,” says a brief dispatch from the official Xinhua news agency.
Xi: The US and China must “strengthen dialogue”
In the call, Xi asked that both parties “reinforce dialogue and communication” and that “manage their differences appropriately.”
“We hope that both parties defend the principles of mutual respect, peaceful coexistence and mutually beneficial cooperation,” said the Chinese president, who called for “finding the right way for China and the United States to get along in this new era.”
A good relationship between Beijing and Washington, Xi stressed, “will benefit both countries and the world.”
In the same information, Xinhua also points out that Chinese Vice President Han Zheng also called the elected Vice President of the United States, J.D. Vance, although he does not offer details about the conversation between the two.
This morning, the Chinese Ministry of Foreign Affairs had issued a brief statement that read: “We respect the decision of the American people and congratulate Mr. Trump on his election as president of the United States.”
On Wednesday, before the Republican candidate’s victory over Democrat Kamala Harris was certain, Beijing had reaffirmed its position of respect for the US electoral process. USA, which he described as an “internal matter” of the North American country.
China’s policy towards the US is “consistent”
“Our policy towards the United States is consistent. We advocate managing our relationship according to our common interests and cooperation that benefits both parties,” stressed Foreign Ministry spokeswoman Mao Ning, who added that China would act “accordingly” once the results were known.
China and the USA. The US, as the main economies of the world, maintain broad commercial and diplomatic ties, and Beijing has pointed out on several occasions the importance of a constructive dialogue and of avoiding confrontations that affect its citizens, although the tensions between the two powers have been constant for years.
Even so, Chinese analysts believe that the bilateral relationship, regardless of whether Trump or Harris won, would continue to be marked by protectionist tensions and tariff measures.
Relations between the two countries deteriorated drastically during Trump’s first presidency (2017-2021) with collisions in plans such as commercial, diplomatic or technological and, already with Joe Biden in the White House, the tension was rekindled with rifirrafes on behalf of Taiwan or by restrictions on exports to China of semiconductors and other key technology.
In 2018, after coming to power for the first time, Trump imposed several batches of tariffs on Chinese products worth about 370 billion dollars a year, about three quarters of the Asian giant’s exports, to which Beijing responded with reprisals against US exports.
During this campaign, the Republican said he will apply rates of up to 60% to Chinese goods, which augurs more trade tensions between the world’s two largest economies.
International
Biden administration approves $8 billion arms sale to Israel ahead of Trump’s Presidency
The administration of U.S. President Joe Biden approved a weapons sale to Israel worth approximately $8 billion, which includes air defense ammunition, the State Department announced on Saturday.
The sale—which must be approved by Congress—was agreed upon just days before Republican Donald Trump assumes the presidency, also a strong ally of Israel in the Gaza conflict. Before leaving office, Joe Biden once again ignored pressure from human rights organizations and Democratic lawmakers who oppose the arms sale to Israel.
“The president made it clear that Israel has the right to defend its citizens in accordance with international law and humanitarian law, and to deter aggression from Iran and its allied organizations,” it was stated.
International
Scottie Pippen’s dream predictions about Bitcoin gain attention as market faces volatility
Financial analyst Jim Bianco commented on Monday about Scottie Pippen’s dream encounters with Satoshi Nakamoto, noting that the NBA legend’s predictions about Bitcoin (CRYPTO: BTC) have been surprisingly accurate.
What Happened Bianco, president and founder of Bianco Research, stated in a post on X that Pippen’s predictions have gained followers due to their accuracy, despite the strange methods he claims to use, such as receiving messages from Bitcoin’s anonymous creator in his dreams.
Bianco also analyzed Pippen’s latest forecast, in which the basketball star said, “I just took a nap, and Satoshi whispered to me: ‘Bitcoin will get closer to the Black Mamba numbers before it returns to Chamberlain.’”
According to Bianco, the post referenced NBA legends Kobe Bryant and Wilt Chamberlain, who scored 81 and 100 points in a single game, respectively. Simply put, Pippen expected Bitcoin to drop to $81,000 before recovering to $100,000.
Why It Matters The world’s leading cryptocurrency has fallen below the key support level of $93,000 and is at risk of falling further. Since the Christmas rally, Bitcoin has dropped by up to 6.5%.
Earlier, Pippen grabbed attention by predicting Bitcoin would hit $84,000 on U.S. presidential election day. While the digital asset didn’t meet these predictions, it reached $84,000 a week later.
International
Ecuador Imposes 60-Day State of Emergency in Most Violent Provinces as Drug Gangs Clash
Ecuador, engaged in a war against drug trafficking gangs, has declared a new state of emergency in Quito and seven of its 24 provinces, which are considered the most violent, according to a presidential decree released on Friday.
The 60-day measure suspends the rights to the inviolability of the home and correspondence in the coastal provinces of Guayas, Los Ríos, Manabí, Santa Elena, and El Oro, as well as the Amazonian provinces of Orellana and Sucumbíos. This state of emergency has been in effect since Thursday and was implemented due to the severe internal turmoil and internal armed conflict declared last year because of drug-related violence.
The decree includes Quito (in the province of Pichincha) and the towns of La Troncal (Cañar) and the mining town of Camilo Ponce Enríquez (Azuay), as well as the prison system, now under military control.
The government of Daniel Noboa, which began in November 2023, has consistently used this measure in response to an escalating wave of drug gangs fighting for control of the streets and prisons.
“This declaration is based on… the increase in violence rates, the commission of crimes, and the prolonged intensity of the presence of organized armed groups,” states the decree released on the presidential website.
Honduras arrests former military leaders over 2009 killings
Biden administration approves $8 billion arms sale to Israel ahead of Trump’s Presidency
Scottie Pippen’s dream predictions about Bitcoin gain attention as market faces volatility
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
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