The United States officially revoked the US visa of Taif Sami Mohammed Al Shakarchi, the Iraqi national who was awarded by the failed Biden Administration in 2022, according to US State Department citing her placement on the Terror Watchlist of the Federal Bureau of Investigation (FBI).
In a New York Post report, Taif Sami Mohammed Al Shakarchi’s alleged links to the Islamic terrorist regime of Iran and Iran-backed militias in Iraq drew headlines. She was also the target of two Republicans in the US House of Representatives accused of being the “key enabler of terrorist funding in Iraq.”
To put things in perspective, posted below is the entire statement of the US State Department. Some parts in boldface…
The U.S. Department of State has revoked the visa of an Iraqi national who was presented an award by the Biden Administration for her purported role in fighting corruption and her advocacy for “gender equity.”
Taif Sami Mohammed Al Shakarchi was given the International Woman of Courage Award in 2022by former Secretary of State (Antony Blinken) and former First Lady Jill Biden.
The award recognized “women from around the globe who have demonstrated exceptional courage, strength, and leadership in advocating for peace, justice, human rights, gender equity and equality, and the empowerment of women and girls, in all their diversity.”
This Iraqi national’s visa has now been revoked by the State Department following her placement on the Federal Bureau of Investigation’s Terror Watchlist. She is no longer present in the United States.
Under President Trump and Secretary of State Marco Rubio, suspected terrorists will never be allowed to remain in the United States.
Let me end this piece by asking you readers: What is your reaction to this development? Are you aware that Taif Sami Mohammed Al Shakarchi was Iraq’s Finance Minister from 2022 to 2026? Do you suspect Taif Sami Mohammed Al Shakarchi may have been involved in financing connected with Islamic terrorists? Should all her communications and interactions with the Islamic terrorist regime of Iran be investigated?
The Bases Conversion and Development Authority (BCDA) recently announced that it will ensure the Philippines will benefit a lot from the ambitious Pax Silica project as they negotiate with the United States on the final framework, according to a GMA News report.
To put things in perspective, posted below is an excerpt from the report of GMA News. Some parts in boldface…
The Bases Conversion and Development Authority (BCDA) on Wednesday said it will ensure that the Philippine side, negotiating with the US on the final framework agreement to hit the ground running for the Pax Silica project in New Clark City, Tarlac, will push for a deal that would be most beneficial for the country.
At the Kapihan sa Manila Hotel, BCDA President and CEO Joshua “Jake” Bingcang said that the government is eyeing to sign the comprehensive framework agreement for the Pax Silica initiative with the US by November.
However, Bingcang admitted that “negotiations can always take longer,” noting that the target signing “is not cast in stone as long as the two [parties] will come up with mutually agreed arrangement.”
Nevertheless, the BCDA chief said the Philippines is pushing for terms that would “most beneficial sa’tin (to us)” as negotiations for the framework deal are ongoing.
“It’s a business contract, normally it is favorable to the host country,” he said.
Bingcang said the government has also made clear that the project will operate under the BCDA’s governing legal framework and applicable investment laws.
“It would be covered by two Philippine laws —the BCDA law and CREATE MORE so the incentives provided will be covered by these two laws,” he said.
“Never in that initial arrangement that we are going to adopt anything other than the two laws,” he added.
Pax Silica is the US Department of State’s flagship initiative on artificial intelligence and supply chain security, aimed at advancing a new economic security framework among allies and trusted partners.
The Philippines in April officially joined the Pax Silica initiative, cementing its place among other 23 global signatories, including the European Union, Japan, India, Singapore, South Korea, and the United Kingdom.
As part of the initiative, Manila and Washington are working to establish a 4,000-acre industrial hub that is envisioned as a new model for AI-focused investment within the Luzon Economic Corridor.
The BCDA chief earlier clarified that the Pax Silica hub is not envisioned as a cluster of hyperscale data centers but as an industrial hub that would include the manufacturing of semiconductors and microchips used in computers, laptops, electric vehicles, and other technologies.
Bingcang said that through Pax Silica, the Philippines and its partners see an opportunity to process raw materials domestically instead of exporting them in unprocessed form.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel confident that the BCDA will be able to secure an agreement with the Americans to ensure the Philippines will benefit from Pax Silica economically? Do you realize Pax Silica’s potential to boost manufacturing jobs and the processing of raw of materials in the Philippines?
Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/and on Instagram athttps://www.instagram.com/authorcarlocarrasco
To put things in perspective, posted below is the entire statement of the US State Department by Secretary Marco Rubio. Some parts in boldface…
The Trump Administration has been clear: the International Criminal Court (ICC) is a corrupt and fatally politicized supranational court that has maliciously abused its authority and exceeded its mandate. We will not tolerate its assault on state sovereignty.
In furtherance of the diplomatic campaign we launched last month to address the ICC’s abuses of power, I am designating two ICC officials – President of the ICC, Tomoko Akane of Japan, and ICC Senior Trial Lawyer, Abdoulaye Seye of Senegal – pursuant to Executive Order 14203, “Imposing Sanctions on the International Criminal Court.” These individuals have directly engaged in efforts by the ICC to investigate, arrest, detain, or prosecute officials whose government has not consented to ICC jurisdiction.
The ICC has repeatedly attempted to assert authority over nationals of the United States and other countries that have not consented to its jurisdiction or ratified the Rome Statute. This sets a dangerous precedent for all nations.
Our whole of government campaign to dismantle the threat posed by the ICC to national sovereignty will be sweeping and we expect more countries to join our campaign by ending their funding and participation in this politicized and unaccountable court. The ICC’s ability to target American nationals and those of other non-States Parties must end. The Trump Administration stands ready to take additional measures, if necessary, to systematically dismantle the ICC until it is incapable of threatening American sovereignty.
Japan’s reaction – Prime Minister Takaichi Sanae described the sanctions against ICC president Akane as “very unfortunate.” She told reporters that her government will deal with the situation by “continuing communication with relevant nations including the United States.” Japan is known to have supported the ICC for many years already.
Let me end this piece by asking you readers: What is your reaction to this development? Do you support the US sanctions against the two ICC officials? Do you think other nations that are in conflict with the ICC’s encroachment and abuse of power will support rally behind the United States and support sanctioning of officials? If you live in a nation which has a working justice system, are convinced that the ICC is unnecessary?
Welcome back my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching.
Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?
I recommend you check out the following videos I found.
#1 Ashleigh Burton reacts to Dr. Strangelove or: How I Learned to Stop Worrying and Love the Bomb – When it comes to movies about the Cold War and the rivalry between the United States and the Soviet Union, Stanley Kubrick’s 1964 movie Dr. Strangelove or: How I Learned to Stop Worrying and Love the Bomb stood out with its very unique presentation backed with memorable performances by Peter Sellers and George C. Scott. The film was a satire about the Cold War tensions between America and Russia, and it gave moviegoers a unique look as to what could have happened behind the secured government offices and how each nation communicated with each other over the hotline. Kubrick’s film is so significant, it got featured in many movie reaction videos on YouTube and I had fun watching Ashleigh Burton’s reaction video. Go watch it now!
#2 Behind the Scenes Making of Resident Evil (1996) – It has been over thirty years since Resident Evil was first released and today it has grown into a multimedia entertainment franchise still driven by video game productions. Although many video game publications published a lot of articles about the original game from 1996, none of them captured the behind-the-scenes making at Capcom which the YouTube video below features. Even if you are not a Resident Evil fan, I still encourage you to watch it as you can learn a lot about the process, the hard work done by the Japanese and insight shared by Shinji Mikami.
#3 The Multi-million Dollar Theft With Fake Coupons – Over a decade ago, someone in the state of Arizona started an illegal operation using fake coupons which grew so dramatically, it became a shadow enterprise and two more people got involved. The operation of multiple fake shopping coupons robbed corporations several millions of Dollars and the one who started it got so rich she even bought herself many luxury vehicles. To find out the details about this true crime story, watch the video below and pay close attention.
#4 Austria Fought Back Against Islam – Massive immigration that includes Islamists who are obsessed with conquering new nations is very clearly dangerous and even toxic. With so many illegal aliens/immigrants and Muslims in Europe, it is clear that the future of the Europeans is looking more uncertain as time passes. Among them is Austria which boldly made changes to prioritize its own people and preserve its rich culture by pushing back hard against Islamists. Already there were Islamic scandals that were uncovered there in Austria. Watch and learn from the Fall of Nations video below.
#5 The Fall of BuzzFeed – Remember how popular BuzzFeed was? Even though a lot of people got lured by them, I never trusted BuzzFeed and I was never interested with their videos and other online gimmicks. BuzzFeed was also a very questionable participant in journalism no matter what they did to gain credibility. Fortunately for the world, BuzzFeed collapsed and deservedly so. To find out why, watch MAGAmark’s video below.
#6 Record-breaking Rainfall Hits Chiba Prefecture in Japan – Apart from being vulnerable to earthquakes which is connected with being located within the Pacific Ring of Fire, Japan also has its share of struggles with immense rainfall and flooding. Recently, record-breaking rainfall hit Chiba Prefecture causing a lot of flood and hardship for the Japanese. If you were a constant visitor to Japan, was there ever a time when you got caught in heavy rain and flooding there? Watch and learn from the Nippon TV video below.
#7 Role-playing Games About 1990s Anime – Believe it or not, there are indeed role-playing games (RPGs) based on anime properties that were popular in the 1990s. Of course, a lot of those anime-based RPGs were released only in Japan and some of them became playable with English translations through digital patches, emulation and fan-made translations. If you are into retro gaming, anime, RPGs and the 1990s, watch the Gaming Broductions video below.
#8 Assorted Pacific Rim Reaction Videos – When Pacific Rim was released in cinemas worldwide in 2013, I never bothered to watch it in the local cinema. Here in the Philippines, there was a lot of pre-release buzz that Manila would appear in the movie and so many local film buffs got excited. The movie eventually grossed over $400 million worldwide through theaters and a lot of people enjoyed its high-quality visuals, intense battles and the special attention to detail invested on the size and scale of the locations. The movie has been featured in several reaction videos and posted below are the entertaining ones to watch.
#9 Ranting for Vengeance Slams Video Essay Slop on YouTube – It is not a secret that YouTube is filled not only with artificial intelligence (AI) slop but also video essays made by individuals who arrogantly think of themselves as experts and wise creators. In his recent video, Ranting for Vengeance slammed the video essay slop on YouTube and explained in detail what kind of people created those videos, what their agenda and why people should not allow themselves to be influenced by them. I encourage you to watch the video below now.
#10 Shallow Focus is a Disease in Movies – There is a new trend that has influence the production of movies in Hollywood (AKA Commiewood) for many years now and it has literally become a disease which made the viewing of movies undesirable. The disease is shallow focus which occurs when the area of sharpness in front of a camera lens is very narrow which results in blurry backgrounds. Shallow focus is being abused in modern-day filmmaking and it is only getting worse. That said, I encourage you all to watch Rowan J Coleman’s video below and share it to as many film buffs as possible.
With growing demand for high-quality protein realized, the Philippines will keep importing more dairy products from the United States, according to a news report by the Manila Bulletin. It should be noted that the Philippines does not have a huge dairy production and local consumption of dairy (and other products that require dairy to be made) kept on growing.
To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…
The Philippines is expected to increase its imports of dairy products from the United States (US), driven by growing demand for high-quality protein and limited local dairy production, according to the US Dairy Export Council (USDEC).
USDEC Regional Director Dali Ghazalay said US dairy exports to the Philippines are on track to remain strong this year, as demand for dairy products continues to expand.
She said the demand is particularly strong when it comes to meeting the country’s nutrition needs, with dairy playing a crucial role in nutritionally adequate diets.
“The demand for dairy will still be very strong because of nutrition and what dairy can contribute to the nutrition needs of the Philippines,“ Ghazalay said on the sidelines of USDEC’s trade seminar on Thursday, Aug. 13.
Based on USDEC data, US dairy exports to the Philippines are estimated at around 143,000 metric tons (MT). Top exports include skim milk powder, buttermilk powder, and dairy permeate.
Currently, the Philippines is the top export destination for US dairy goods in Southeast Asia, according to USDEC.
Increased demand this year is expected to be driven by dairy products with high-quality nutritional protein, such as skim milk powder.
Ghazalay said demand is also on the rise for whey proteins and milk proteins, which are usually integrated into high-value-added products such as protein powder for fitness purposes.
Ultimately, she noted that increased dairy demand from the US is also a direct result of the country’s subpar domestic output, which remains unable to meet local demand.
“Local dairy production is still very small. And you do need to supplement that with different dairy ingredients to meet all these different products that the consumers here need,” said Ghazalay.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel confident that nuclear energy will be realized in the Philippines in your lifetime? Did you encounter a lot of people living with nuclear fear?
Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/and on Instagram athttps://www.instagram.com/authorcarlocarrasco
Following the unfortunate decision made the by Supreme Court of the United States (SCOTUS) regarding birthright citizenship, US President Donald J. Trump signed two new Executive Orders to formally end birth tourism while also protecting the meaning and value of American citizenship.
To put things in perspective, posted below is the News24 (formerly Sky News Australia) video covering the Oval Office. Watch it and pay close attention to the details.
In America, birth tourism is already a huge problem that has yet to be full resolved. If it is left unchecked, it will negatively impact and even deform democracy in the US. That said, President Trump signed the Executive Order ending birth tourism. To understand it fully, posted below is the entire content of the said Executive Order sourced from the White House website. Some parts in boldface…
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:
Section 1. Purpose. United States citizenship is among the greatest inheritances the Nation can bestow. It embodies a sacred bond between the American people and the Nation in which they live, and carries profound rights, privileges, and responsibilities reflective of the enduring allegiance of citizens to the United States and our Constitution. Citizenship is not a commodity to be acquired through calculated exploitation and evasion of the immigration laws, such as by entering the United States on a nonimmigrant visa for the purpose of giving birth within the Nation’s borders.
Birth tourism operators use deceptive advertisements and inducements to entice foreign nationals to travel to the United States for the purpose of giving birth on American soil. They promise citizenship; access to public benefits; and short-term stays in specialized facilities, hotels, or rentals, but often fail to deliver on these promises. These operators coach their clients to misrepresent the purpose and duration of their travel to consular and border officials to obtain visas authorizing entry into the United States. Failure to appropriately combat these schemes has resulted in thriving industries around the world that profit by enabling the evasion of American immigration laws to obtain citizenship and other immigration benefits for foreign visitors, and the exploitation of the women who travel here for purposes of giving birth.
The immigration laws of the United States establish discrete categories of temporary nonimmigrant visas to allow foreign visitors into the United States for study, exchange, temporary employment, tourism, and other transitory activities that are now exploited by birth tourism operators. Participants in birth tourism schemes abuse these categories to establish a permanent foothold in the United States by securing the advantage of citizenship for their children and then potentially for themselves.
Birth tourism, defined in section 3 of this order, undermines the integrity of the Nation’s immigration system by enabling foreign nationals to exploit their temporary admission to obtain permanent immigration-related benefits. Birth tourism also diverts limited consular inspection and enforcement resources away from legitimate visa applicants, erodes public confidence in the faithful enforcement of the immigration laws, and impairs the executive branch’s ability to protect the national security.
The United States has a compelling interest in ensuring that each visa category is used only for the purpose for which it was established. Foreign nationals seeking temporary admission into the United States must adhere to the purposes for which the Congress has authorized their temporary admission, and cannot be permitted to circumvent the immigration laws in an attempt to vest themselves and their children with lasting benefits that are irreconcilable with their nonimmigrant status.
It is therefore the policy of the United States to promote the integrity of its immigration system, to ensure that nonimmigrant visa classifications are used only for their lawful and intended purposes, and to prevent the exploitation of those classifications by persons engaging in birth tourism.
Sec. 2. Authorities. Pursuant to section 301 of title 3, United States Code, the authority granted to the President under section 215(a) of the Immigration and Nationality Act, 8 U.S.C. 1185(a), is hereby delegated to the Secretary of State and the Secretary of Homeland Security to the extent necessary to implement this order, including the authority to issue or adopt rules, policies, operational guidance, or other guidance to carry out this order.
Sec. 3. Definition. For purposes of this order, “birth tourism” is defined as:
(a) the entry of any foreign national into the United States via a nonimmigrant visa for the purpose of giving birth on American soil; or
(b) any effort by any foreign national to facilitate the entry of any foreign national into the United States via a nonimmigrant visa for the purpose of giving birth on American soil.
Sec. 4. Scope and Implementation. (a) The Secretary of State and the Secretary of Homeland Security shall take such actions and update any rules, policies, operational guidance, or other guidance as necessary to effectuate the policy set forth in this order. Such actions may include, within the Secretaries’ respective discretion and authority, appropriate action to prevent the entry into the United States of, or the granting of any visa or other travel authorization to, any alien entering or attempting to enter the United States for the purpose of engaging in birth tourism; revoking the visa or travel authorization and permanently barring entry of any alien who enters or attempts to enter the United States for the purpose of engaging in birth tourism; denial of entry to, or removal of, any alien who previously engaged or plans to engage in birth tourism; or other appropriate action against entities, organizations, or individuals, within or outside of the United States, responsible for facilitating or enabling birth tourism in any manner.
(b) All other relevant executive departments and agencies shall provide such records and information as are necessary for the Secretary of State and the Secretary of Homeland Security to implement the terms of this order and the rules, policies, operational guidance, or other guidance issued pursuant to it, subject to applicable law.
Sec. 5. Exemptions. Notwithstanding the restrictions imposed by this order, the Secretary of State or the Secretary of Homeland Security may exempt a foreign national from actions taken pursuant to this order on humanitarian grounds or when the foreign national’s entry is in the national interest, as determined by the Secretary of State or the Secretary of Homeland Security.
Sec. 6. General Provisions. (a) Nothing in this order shall be construed to impair or otherwise affect:
(i) the authority granted by law to an executive department or agency, or the head thereof; or
(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.
(b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations.
(c) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.
(d) If any provision of this order, or the application of any provision to any person or circumstances, is held to be invalid, the remainder of this order and the application of any of its other provisions to any other persons or circumstances shall not be affected thereby.
(e) The costs for publication of this order shall be borne by the Department of Homeland Security.
DONALD J. TRUMP
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the two new Executive Orders signed by Trump will effectively end birth tourism while protecting the value of American citizenship? What kind of responses do you think the Democrats will come up with to oppose the Executive Orders. Do you think Islamist states like Iran, Pakistan, Qatar and Bangladesh are deliberately sending their citizens to America with birth tourism in mind? Did you spot any Chinese nationals engaging in birth tourism in America lately?
In this age of artificial intelligence (AI), the rising use of drones in military operations and Communist China’s disturbing presence at sea, the Defense Ministry of Japan sees the urgent need to prepare the nation for the new ways of warfare, according to a news article by Jiji Press.
To put things in perspective, posted below is an excerpt from the news article of Jiji Press. Some parts in boldface…
Japan’s Defense Ministry emphasized the urgent need to prepare for what it calls new ways of warfare leveraging drones and artificial intelligence technology in an annual white paper adopted Tuesday.
The 2026 report, submitted by Defense Minister Shinjiro Koizumi to the day’s cabinet meeting, also displayed vigilance over the Chinese military’s expanding activities in the Pacific, saying Japan should respond with its “comprehensive national power.”
The white paper said that large-scale attacks combining low-cost unmanned equipment and conventional missiles have been conducted on the battlefields of Ukraine fighting Russia’s aggression.
Acknowledging that preparing for prolonged conflicts has become a key issue, the government stressed the importance of securing adequate stockpiles and ensuring sustained operational capability.
Let me end this piece by asking you readers: What is your reaction to this development? Do you support the idea of Japan tremendously modernizing itself militarily to defend itself while pushing back against Communist China’s military presence at sea? Would you like to see Japan become more sophisticated in the new ways of warfare using whatever state-of-the-art technologies it has? Do you think Japan should approach the United States for more advanced military hardware?
Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/and on Instagram athttps://www.instagram.com/authorcarlocarrasco
For the first time in fifteen years, Japan and the United States conducted a joint buying of Yen following the Japanese currency’s continued weakness to the U.S. Dollar which Finance Minister Satsuki Katayama confirmed yesterday, according to a Kyodo News report. The Yen fell to almost 164 to the U.S. Dollar on July 23.
To put things in perspective, posted below is an excerpt from the report of Kyodo News. Some parts in boldface…
Japan and the United States conducted coordinated yen buying Friday, Finance Minister Satsuki Katayama said, their first joint market intervention in 15 years, with the two nations ready to act again if necessary.
The intervention during New York trading on Friday came after the yen hit 163.99 to the U.S. dollar on July 23, its weakest level in around 40 years, amid mounting fears about Prime Minister Sanae Takaichi’s expansionary but vaguely funded fiscal policy.
“This joint action was taken pursuant to the U.S.-Japan Finance Ministers’ Joint Statement issued in September 2025 and countered the excessive volatility and disorderly movements of the Japanese yen in recent months,” Katayama said in a statement on Monday.
“The Japanese Ministry of Finance remains attentive and in close communication with our counterparts at the U.S. Treasury. We will not hesitate to conduct a further joint intervention,” she added.
After warnings by Katayama and U.S. Treasury Secretary Scott Bessent of additional action to prevent the Japanese currency from depreciating, the yen briefly surged to the lower 155 level from the upper 157 range on Monday morning.
While joint currency interventions by the countries are usually reserved for emergencies, Japan has been struggling with the yen’s depreciation, which has increased import costs, threatening to accelerate inflation and jack up yields on long-term Japanese government bonds.
Washington is also believed to be wary of rising long-term Japanese interest rates pushing up U.S. rates before the congressional midterm elections in the fall, analysts said.
The previous Japan-U.S. intervention was carried out to stem the yen’s rise after the massive earthquake and tsunami in northeastern Japan in March 2011.
Katayama told reporters in Tokyo that Friday’s coordination between Japan and the United States was aimed at linking Tokyo’s “economic security to its unwavering alliance” with Washington.
She stressed the countries’ “close coordination” since the release of their joint statement last September, which confirmed interventions should be reserved for combating excessive volatility as well as “disorderly depreciation or appreciation.”
Japanese and U.S. authorities have pledged to take decisive action “against disorderly moves at any time,” Katayama said.
Atsushi Mimura, Japan’s top currency diplomat, called the latest coordinated intervention a “completed form” of the Japan-U.S. currency alliance, emphasizing the two countries would continue to respond “without missing a beat.”
Saying Japan “wanted a little bit of help,” President Donald Trump indicated Sunday in the United States that Washington had conducted a yen-buying intervention at the request of Takaichi’s government. He told reporters the action would benefit his nation economically.
He added, “We’re always there for Japan. Japan’s been very good to us, with the exception, of course, of Pearl Harbor,” referring to Japan’s 1941 surprise aerial attack on a naval base in Hawaii that resulted in the U.S. entry into World War II.
In New York on Friday, the yen surged to the lower 157 level against the dollar, with Japanese government sources confirming a yen-buying intervention by currency authorities.
The move came after the yen briefly soared to the 157 range Thursday, gaining nearly 5 yen in about 50 minutes before dropping back to the 160 level, as a result of a currency intervention by Japan later confirmed by market and government sources.
On Sunday, Bessent wrote on social media that the intervention “countered disorderly yen movements,” adding the United States would “not hesitate” to conduct further joint currency intervention with Japan, echoing Katayama.
He also said, “We strongly support Japan’s decisive market and monetary steps to correct the substantial undervaluation of the yen.”
Let me end this piece by asking you readers: What is your reaction to this development? What do you think the joint buying of Yen by the US and Japan will lead to further stabilization economically in the short term? Do you think this joint move will somehow boost both nation’s economies?
Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/and on Instagram athttps://www.instagram.com/authorcarlocarrasco
In a serious effort to weaken the fighting capability and severing the resources (financially and militarily) of the Islamic terrorist regime of Iran, the United States sanctioned entities and individuals in four nations that enabled the Islamic Revolutionary Guard Corps (IRGC), according to the official announcement of the Department of State.
To put things in perspective, posted below is the entire announcement of the State Department. Some parts in boldface…
The United States today sanctioned six entities and individuals in China, India, Russia, and Iran that enable the Iranian regime’s Islamic Revolutionary Guard Corps (IRGC).
These include entities that support Mahan Air, the IRGC’s airline of choice for moving weapons, military personnel, and equipment. Today’s action also targets DadeNegar Startup Studio, an IRGC-affiliated front company supporting Iranian military targeting by soliciting locations of American and Israeli equipment in the Middle East.
The United States calls on the international community, particularly companies and individuals doing business with Mahan Air or any other sanctioned Iranian carrier, to recognize the serious risks raised by continuing such engagement.
The United States will continue to expose and disrupt entities providing the IRGC with the tools and information it uses to threaten American personnel, our partners, and regional stability.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think this new move by the US will cripple the Islamic terrorist regime of Iran financial and militarily? Do you think members of the international community will follow America’s initiative? Do you think other nations like Pakistan, Malaysia and Bangladesh have entities or individuals who are supporting the Islamic terrorist regime of Iran?
Fresh potatoes from the United States could potentially enter Japan’s markets this year as the authorities are assessing the quarantine risks and the concerns raised by Japanese potato farmers, according to a news report by NHK World. The Japanese authorities received a request from Washington regarding American potatoes which led to the ongoing assessment.
To put things in perspective, posted below is the excerpt of the NHK World report. Some parts in boldface…
Japan is taking steps that could lead to it fully opening its market to fresh US potatoes, following a request from Washington.
Japan bans imports of raw potatoes due to concerns over pests and disease, except for some sourced from the United States to be used exclusively for potato chips.
The agriculture ministry is currently assessing the quarantine risks posed by American potatoes, the third step in an 11-stage process before all restrictions can be lifted.
Officials plan to complete the risk assessment as early as this summer, and move on to identifying the pests and diseases that need to be dealt with.
Demand for fresh potatoes is rising in Japan, as domestic production has been on the decline.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan’s agriculture ministry will even allow full market opening to fresh potatoes from the United States? What do you think is the reason why Japan’s domestic production of fresh potatoes has declined?
Author Carlo Carrasco 