Tag: Australia

Australia’s biggest bank scales back stake in Chinese lender amid continuing bilateral tension

By Frank Tang Australian banks are retreating from China’s most lubricant financial businesses, even as Wall Street and European competitors queue up to get deeper into the world’s second largest market.The sharp contrast came amid tension between Beijing and Canberra over the origin of the coronavirus pandemic, Xinjiang, Hong Kong, the South China Sea, and […]

Pacific Islanders: Failure to Commit to 1.5 Degrees at COP27 will Imperil the Worlds Oceans

By Global Issues CANBERRA, Australia, Feb 28 (IPS) – Oceans play a pivotal role in regulating the world’s climate and maintaining the conditions for human life on earth. And they are a crucial source of sustenance and economic wellbeing in many developing countries, including small island developing states. But Pacific Islanders are deeply concerned about […]