'PORTIONS ARE DIFFERENT' | GLOBAL PRICE HIKES UNSETTLE STOMACHS
Months into the worst inflation in decades, food price hikes are forcing consumers around the world to make difficult choices, and governments are feeling the pressure.
s.nikkei.com/2ZM7pvJ
The UN's Food and Agriculture Organization updated its food price index on Thursday, showing the highest numbers since June of 2011. Food commodity prices in November rose 27.3% above the same time last year.
Jun 26, 2021 • 5 tweets • 2 min read
CHINA's EAST AFRICA HUB | TANZANIA
1/ On Saturday, Tanzanian President Samia Suluhu Hassan said the country will look to restart the $10 billion Bagamoyo Port project with China.
Beijing's state planners believed that the Indian-Ocean-facing country could be the main gateway to China.
Feb 25, 2021 • 5 tweets • 3 min read
"Our supply chains can't be used against us as leverage," President Joe Biden said before signing the executive order, in an apparent allusion to China's role in American supply chains. s.nikkei.com/3qRkhcg
Biden's latest executive action comes as a global semiconductor shortage takes a heavy toll on automakers, with American giants such as Ford Motor and General Motors projecting billions in lost earnings this year due to reduced output.
Titled “Communist China & the Free World’s Future”, the speech is an important landmark in U.S.-China bilateral ties.
Selected by our editors, this thread features Pompeo's direct quotes.
"Just this week we closed down China's consulate in Houston because it was a hub of spying and IP [intellectual property] theft" - @SecPompeo