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On June 23, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Foreign Affairs Commission, met with El-Din, Secretary-General of the Egyptian National Security Council, in New Delhi. Wang Yi stated that the international situation is currently undergoing profound and complex changes. China and Egypt, as important members of the Global South, share broad common ground in international and regional affairs and bear important responsibilities for maintaining international and regional stability. China is willing to strengthen coordination and cooperation with Egypt on international multilateral platforms such as BRICS and the United Nations, jointly safeguard the independence, autonomy, and self-reliance of the Global South, actively promote the multipolarization process, and work together to build a community with a shared future for mankind.June 23 - As of 2:30 PM closing, the main Shanghai gold futures contract closed down 0.18% at 915 yuan/gram, the main Shanghai silver futures contract closed down 1.23% at 15,768 yuan/kilogram, and the main SC crude oil futures contract closed down 1.72% at 502 yuan/barrel.On June 23, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Foreign Affairs Commission, met with Indian National Security Advisor Ajit Doval in New Delhi. Wang Yi stated that India is an important neighbor of China. As the two most populous economies, China and India should not only view bilateral relations with a long-term perspective but also promote cooperation from a global perspective. Currently, the global South, including China and India, is experiencing a collective rise. The BRICS mechanism, as the leading force in the global South, should actively advocate for and promote the multipolarization process, safeguard the legitimate rights and interests of developing countries, and push the international order towards a just and reasonable direction. China supports India in fulfilling its responsibilities as the BRICS chair and jointly promoting the development and growth of the BRICS mechanism.Supermicro (SMCI.O) shares rose by 19%.According to Politico: U.S. Defense Secretary Hergsays plans to give a classified briefing to a large group of Republican members of Congress on Wednesday at a Republican Study Committee (RSC) luncheon on the Trump administration’s military funding goals and another partisan bill.

The United States Authorizes A $95 Million Upgrade to Taiwan's Air Defense System

Haiden Holmes

Apr 06, 2022 09:55

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The package would include training, planning, fielding, deployment, operation, maintenance, and sustainment of the Patriot Air Defense System and related equipment, the Pentagon informed Congress in a letter.


"This proposed sale advances the United States' national, economic, and security interests by assisting the recipient in its ongoing efforts to upgrade its armed forces and preserve a credible defensive capacity," the statement said.


"The proposed sale would assist the receiver in maintaining its missile density and readiness for air operations. The recipient intends to utilize this capacity to prevent regional threats and to bolster homeland security."


The US is legally obligated to give Taiwan the tools to defend itself, notwithstanding the lack of formal diplomatic relations and the ensuing outrage in Beijing.


Taiwan's presidential office remarked that this was the third weapons deal announced since President Joe Biden assumed office, demonstrating their relationship's "rock solid" character.


"Taiwan will continue to show its will to protect itself and to strengthen cooperative relationships with the United States and other like-minded nations," spokesman Xavier Chang said in a statement.


Despite clearance by the State Department, the notice does not constitute the signing of a contract or the conclusion of discussions.


Raytheon (NYSE:RTN) was named as the primary contractor for the proposed sale by the Pentagon.


Taiwan's Defense Ministry said that the agreement will "go into effect" within a month.


Taiwan's primary foreign weapons supplier is the United States.