✅The Solomon Islands’ decision to switch its diplomatic allegiance from Taiwan to Beijing has been blamed for arson and looting in the national capital Honiara, where protesters are demanding the prime minister’s resignation.
✅Solomon Islands is a sovereign country consisting of six major islands and over 900 smaller islands in Oceania, to the east of Papua New Guinea and northwest of Vanuatu.
✅The Solomon Islands are famous as a battleground of World War II, the pivotal Battle of Guadalcanal named after the country’s largest island where the restive capital Honiara is located.
✅The South Pacific nation of 700,000 people — mostly Melanesian but also Polynesian, Micronesian, Chinese and European — is, like neighboring Australia and New Zealand, a constitutional monarchy with Queen Elizabeth II the head of state.
✅The Solomon Islands’ decision to switch its diplomatic allegiance from Taiwan to Beijing has been blamed for arson and looting in the national capital Honiara, where protesters are demanding the prime minister’s resignation.
✅Solomon Islands is a sovereign country consisting of six major islands and over 900 smaller islands in Oceania, to the east of Papua New Guinea and northwest of Vanuatu.
✅The Solomon Islands are famous as a battleground of World War II, the pivotal Battle of Guadalcanal named after the country’s largest island where the restive capital Honiara is located.
✅The South Pacific nation of 700,000 people — mostly Melanesian but also Polynesian, Micronesian, Chinese and European — is, like neighboring Australia and New Zealand, a constitutional monarchy with Queen Elizabeth II the head of state.
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
The seemingly negative pandemic effects and resource/product shortages are encouraging and allowing organizations to innovate and change.The news of cash-rich organizations getting ready for the post-Covid growth economy is a sign of more than capital spending plans. Cash provides a cushion for risk-taking and a tool for growth.
