Growing instability in the US economy and financial markets could have serious consequences worldwide because of the central role of the US dollar and financial system, argues MICHAEL BURKE
The tale of a US spy plane over the South China Sea
While the US claimed China intercepted its reconnaissance aircraft ‘unprofessionally,’ it failed to mention the spy plane’s proximity to mainland China and People’s Liberation Army training exercises, reports PEOPLE’S DISPATCH
ON Wednesday May 31, China strongly rejected the US version of an incident involving planes from the two countries over the South China sea.
The previous day, the US Indo-Pacific Command had released a video and announced that a Chinese military jet had made an “unnecessarily aggressive manoeuvre” near a US military aircraft.
The incident, which supposedly took place on May 26, comes at a time of heightened tensions between the two nations.
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