Taipei Times
Latest crypto news and market updates from Taipei Times.
US memorandum best path out of stalled war: IranIranian President Masoud Pezeshkian yesterday defended a memorandum of understanding as the best way for the country to move beyond what he described as a situation of “neither war nor peace” with the US.“There is not a single provision in this agreement that amounts to capitulation,” Pezeshkian saiTaipei Times
Lai announces NT$10,000 cash handoutThe government would allocate NT$235.7 billion (US$7.4 billion) in next year’s budget to fund a NT$10,000 cash payment for every citizen next year as the economy continues to grow, President William Lai (賴清德) announced yesterday.Lai made the announcement after being briefed on the Executive Yuan’s pTaipei Times
Russian strikes kill one in Ukraine, wound sevenRussian strikes killed one person and wounded at least seven others in Ukraine, authorities said yesterday, while Moscow officials reported downing more than 100 drones heading toward the capital. Russia has increasingly been using long-range missiles in its war against Ukraine, while Kyiv has respoTaipei Times
Trump says Strait of Hormuz to be made a US territoryUS President Donald Trump on Friday said that he would “finish defeating” Iran and “soon” declare the Strait of Hormuz part of US territory.Trump has repeatedly said that the key energy waterway, which Tehran effectively closed at the start of the Middle East war, is under US control — although theTaipei Times
Taiwan slows mobile Internet for drillsThe government yesterday slowed mobile Internet coverage for a large swathe of the central part of Taiwan proper for the first time during annual war games, simulating communication disruption in the event of a Chinese attack or natural disaster.Taiwan, which has long lived with the threat of a ChinTaipei Times
Iran issues demands for strait reopeningIran on Saturday set preconditions for a reopening of the Strait of Hormuz, including compensation for war damages, complicating a potential deal to open the waterway essential to the world economy.Iranian Minister of Foreign Affairs Minister Abbas Araghchi said discussions with Oman over transit anTaipei Times
Trump holds off on attacking Iran, but demands fast dealThe US would hold off new strikes against Iran, US President Donald Trump said, after the Islamic Republic and other Middle Eastern nations told him they are working toward a deal.Trump said he would agreed to cancel the attack, “subject to being able to rapidly make a DEAL.” “Get to work, everybodyTaipei Times
EDITORIAL CARTOONEDITORIAL CARTOONTaipei Times
EDITORIAL: China’s economic uncertaintyChina’s economy in the second quarter of this year grew by a weaker-than-expected 4.3 percent compared with a year earlier, data released on Wednesday last week by the Chinese National Bureau of Statistics showed. It weakened from a 5 percent increase in the previous quarter and fell short of the avTaipei Times