Trans-Pacific Partnership agreement may be signed before the presidential election in the USA. Japanese Prime Minister ties to encourage the parliament to approve the agreement on the Trans-Pacific Partnership ahead of other countries. Shinzo Abe said that in this way it will be possible to give impetus for the agreement to come into effect. According to him, through the approval of the agreement in parliament Japan would like to reaffirm its mission as a country that achieved its economic prosperity through free trade.
Read MoreIndonesian Air Force this week carried out the largest trainings in its history near several islands in the South China Sea. "We tend to show our presence in the region. We have enough aviation to act as a deterrent", - said the representative of the Indonesian Air Force, Jamie Triandria. Over 2 thousand soldiers took part in the maneuvers during two weeks. Russian-made aircraft and American F-16 fighters were used on trainings, stated by Triandiria. Other parts of the Indonesian armed forces did not take part in the maneuvers which had ended on Thursday.
Read MoreFrom October 1 Chinese yuan is officially recognized as the fifth reserve currency alongside the US dollar, the European euro, British pound sterling and the Japanese yen. The message is published on the website of the International Monetary Fund. IMF posted yuan above the Japanese yen and the British pound sterling, right after the dollar and the euro. The so-called basket of special drawing rights (SDR) to the dollar now accounts for 41.73%, the euro - 30.93%, the yuan - 10.92%, the yen - 8.33%, the pound - 8.09%.
Read MoreTensions in Kashmir are escalating. India has just launched a military response to the recent attack on its base in Uri, Kashmir. Surgical strikes took place on the line of control (LOC), effectively a Pakistani-Indian boarder. Pakistan says that two of its soldiers died and nine were wounded, but they deny that India has proceeded with targeted strikes on terrorist bases.Thay add that one Indian soldier has been caputred on the Pakistani side. Today Indian authorities are evacuating villagers living close to the conflicted area.
Read MoreAccording to a national plan of action published on Thursday in the area of human rights in China, the country will invite representatives of the Human Rights Council in the future to discuss the human rights situation in China. The plan, published on the Xinhua News Agency, regulates the different spheres of implementation of human rights in China in the period from 2016 to 2020. "China will work with the experts of the special procedures UN Human Rights Council to respond to their letters, and invite their representatives to China in case of need", - said in the text of the plan. It notes that China will also encourage Chinese experts for positions in the special procedures department.
Read MoreSince the election of Rodrigo Duterte as the Filipino president the country’s relationship with the US began to be complicated to say the least. Already on few occasions since May, Duterte has found himself in direct confrontation with the American authorities. Most recently the US-Filipino relations were stirred due to Duterte’s insulting comments towards Barack Obama, and then his uneasy apology. Now the Philippine President announced that he wants an end to joint military drills.
Read MoreAccording to Indian Foreign Ministry, Indian Prime Minister Narendra Modi will not participate in the summit of the South Asian Association for Regional Cooperation (SAARC) which will be held in November in Pakistan. The possibility of Modi's participation in the summit in Pakistan has long been an intrigue against the backdrop of another crisis between the two countries. Indiaт authorities for a long time did not give an answer to the question whether Modi will travel to Pakistan, explaining that there is still quite a lot of time before the summit and the decision will be announced later. As a result, the Foreign Ministry announced that Modi refused to go to the SAARC summit at 27 of September, nine days after the rebel attack on a military unit in Indian Kashmir.
Read MoreA Chinese executive has been charged by the United States Department of Justice of violating American sanctions, not to mention UN sanctions, which are meant to restrain support of North Korean's nuclear program. The firm, Dandong Hongxiang Industrial Development Company, and several of its executives are additionally being accused of money laundering. The Department of Justice discovered several bank accounts linking the company to front companies that were used to evade sanctions.
Read MorePresident of the Philippines Rodrigo Duterte announced a desire to visit the Russian Federation and China before the end of this year to strengthen political relations and alliances. For this purpose he will visit the country during the next year. In addition, he mentioned the possibility of representing the land long-term lease for a period of up to 120 years. "I'm not quite ready to break relations with the US, but I want to make a new alliance with China and Russia." According to Duterte, he will soon travel to China to negotiate with the leader of the country Xi Jinping, and then wants to visit Japan and Russia.
Read MoreThe International Monetary Fund (IMF) welcomed the Bank of Japan's move to the new principles of monetary policy. Nevertheless, the organization continues to believe that the Bank of Japan will not be able to achieve the inflation target of 2% in the nearest future. Last week, the Bank of Japan following the results of the September meeting and the large-scale review of the monetary policy decided to abandon the monetary base landmark as one of the main targets. Instead, the regulator will begin to target the yield on 10-year government bonds at the current level of about 0%.
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