Taiwan offers Guatemala aid as it guards its diplomatic flanks from China
TAIPEI, Taiwan — Taiwan is offering aid to its lone Central American diplomatic ally, Guatemala, as it attempts to stave off efforts by China to win away its last remaining partners.
During a meeting Thursday with his visiting Guatemalan counterpart Bernardo Arevalo, President Lai Ching-te said the two countries would 'strengthen exchanges and cooperation as well as scholarship programs for young people, provide training for high-tech and information and communication talents.so as to push forward prosperity and development.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Motor 1
an hour ago
- Motor 1
This Might Be Nissan's New Sedan Before You're Supposed to See It
Update: This story has been updated with more information regarding Nissan's EV concept in China. Nissan has a massive product onslaught planned over the next few years. Alongside the latest Kicks and the updated Murano SUVs, the Japanese automaker has a new Leaf coming to the US as early as next year. But if these patent filings are any indication, there could be even more products on the horizon—and soon. Nissan recently filed a patent with the World Intellectual Property Organization, as uncovered by Top Gear Philippines . The patent was filed in China on September 14 of last year and officially registered on May 9, 2025. It shows an updated Nissan sedan with the brand's latest design language. Nissan Patent Images Photo by: WIPO It's unclear whether these images show a new Sentra, Altima, Maxima, or something different entirely. The photos look nearly identical to the Evo concept from earlier last year, though they weren't officially filed until after that concept debuted. It could potentially be a production version of that vehicle. The patent also bears a similar resemblance to the Chinese Nissan N7 , but that sedan is larger and has more distinct cues. If this is a US-bound model, our best guess would be all-new Sentra or a revived Altima, which may be discontinued in the US after this year. The front fascia bears the automaker's new angular headlight treatment, which we've seen on the upcoming Leaf and a few of Nissan's previous concepts. The back end, meanwhile, has a slim light bar that encircles the trunk lid and stretches out to the rear bumper on either side. The profile almost makes it look like a fastback, which leads us to believe this is a mid-size sedan as opposed to a compact. We've seen spy photos of Nissan testing a sedan prototype in Michigan that looks nearly identical to the patent images pictured here. But even in those spy photos, it's difficult to tell if the car in question is the smaller Sentra or the mid-size Altima. Our spy photographers believe it could be the Sentra, but slightly larger than the current-generation model. Photo by: WIPO Photo by: WIPO In those spy photos, we also see an exhaust system, which means Nissan won't go full EV for its next sedan. Our best guess is a new hybrid system, potentially the turbocharged 1.5-liter hybrid unit from the plug-in-hybrid Frontier —which won't come to the US. That powertrain delivers 402 horsepower in the plug-in truck, but a detuned version of that could make sense in the smaller Sentra or Altima sedans. If this is indeed a new Sentra, don't expect to see a production version before 2027. The current model is still on sale in the US, and it likely won't change for 2026. With the Altima rumored to be discontinued after this year, we could see a new version of that sedan before the end of 2025. If we're lucky. Nissan's Recent Struggles The Last Five-Speed Manual Is Dead Nissan Might Sell Its Home to Survive: Report Source: World Intellectual Property Organization via Top Gear Philippines Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Bloomberg
an hour ago
- Bloomberg
Nomura Flags Risk of Sharp Yen Rally on US-Japan Policy Pressure
Japanese investors pivoting out of US assets as yen yields rise — combined with implicit pressure from Washington over the exchange rate during trade talks — could push the currency about 6% higher against the dollar in the coming months, according to Nomura Holdings, Inc. The investment bank, among Japan's largest, now recommends shorting the greenback versus the yen, targeting a move in the pair to ¥136 by the end of September, from around ¥145 currently. Nomura's Yusuke Miyairi, Yujiro Goto and Dominic Bunning expect that the Bank of Japan 's steady pace of rate hikes, will 'encourage domestic investors to increase more domestic bond than overseas bond exposure,' they wrote in a Friday report to clients.
Forbes
an hour ago
- Forbes
Fusion Energy May Be The Key To World Hegemony
What would it take for the United States to lose its hegemony to a rising power like China? Right now, America appears to be ahead economically and militarily. However, there is a stark difference between America's national strategy (insofar as one exists) and China's. The US under President Trump calls for regression. It seeks to restore a manufacturing economy that peaked in the 1950s—like an elderly man trying to restore hair where it hasn't grown for decades. It is doubling down on domestic oil, gas and coal. Through tariffs, disparagement of NATO and aggression towards allies like Canada and Denmark, the administration has alienated partners that long supported a US-led world order. China, meanwhile, has a tremendous lead in developing the economy of the future. It has a near monopoly on rare earth minerals, which are needed for electronics, renewable energy systems, defense technologies and more. China leads in solar, wind and batteries, the energy systems growing at the fastest rate. It is ahead in electric vehicles, industrial robotics and drones as well. It probably has achieved parity in artificial intelligence and may surpass the US soon. If China were to take Taiwan, it would control the global market for advanced chip manufacturing. In the background, but probably most importantly, China may be on track to commercialize fusion energy before the US or its disgruntled allies. Unlike the US, China has no domestic energy industry with vocal lobbyists (and purchasable politicians) to slow progress. It is funding fusion as a national strategy while private fusion companies in the West are at the mercy of investors that, for the most part, chase low risk and quick returns. Fusion promises cheap, plentiful, baseload energy without carbon emissions. AI, data centers and industrial robotics powered by fusion would produce goods and services at much lower costs than value chains dependent on fossil-fired electricity. Militaries built on swarms of small, cheap, electronic drones and robots—powered by small, distributed fusion facilities deep underground, safe from attack—would have an edge over competitors using large, expensive, petroleum-powered vehicles with vulnerable supply chains. I cannot overstate the ramifications of China developing fusion first. As an analogy, imagine if Japan and Germany had uncovered vast reserves of oil at home in the 1920s. American and Soviet oil gave the Allies a strategic advantage over the Axis powers. Had the situation been reversed, World War II could have ended differently. While private fusion companies in the West have raised about $8 billion total, China is investing at least $1.5 annually into fusion projects—double what the US government spends. Japanese and German investments in fusion don't even come close. Canada, for the record, has no fusion funding strategy. Moreover, the government of British Columbia, home of industry leader General Fusion, seems not to understand the value of this crown asset.* On all fronts nuclear, China is leaping ahead. In April, its scientists added fresh fuel to an operational thorium molten salt reactor—a first. The thorium reserves found in Inner Mongolia, an autonomous region of China, could theoretically meet Chinese energy demand for thousands of years. The kicker: this reactor design originated in the US. As project lead Xu Hongjie put it, 'The US left its research publicly available, waiting for the right successor. We were that successor." Moreover, in January, China's Experimental Advanced Superconducting Tokamak (EAST) sustained a fusion reaction for 1,066 seconds, setting a new record. Its Burning Plasma Experimental Superconducting Tokamak (BEST) fusion reactor could come online by 2027 and is expected to produce five times the amount of energy it consumes. When BEST announces this milestone, Western fusion companies may be announcing that they've run out of funding. To China, fusion is not a startup project—it's a matter of national interest and security. Its scientists are patenting more fusion-related technologies than any other single country and graduating more doctorates in fusion-related fields. And because China is the top refiner and exporter of the critical minerals needed in fusion reactors (e.g., for magnets), no external force is going to slow their progress. In the meantime, China has a cheap gas station next door—Russia—supplying all the fossil fuels China could need in exchange for support in its war with Ukraine. That support includes critical minerals needed by Russian arms manufacturers. Is fusion energy, along with other Chinese-dominated technologies, enough to end US hegemony? In 1988, historian Paul Kennedy published The Rise and Fall of the Great Powers, a book that tried to explain the relative success (and failure) of powerful states. According to Kennedy, their rise and fall '…shows a very significant correlation over the longer term between productive and revenue-raising capacities on the one hand and military strength on the other.' Essentially, states must balance economic prosperity with strategy. Technological breakthroughs are vital to both. Innovation creates wealth, which enables the state to invest in defense and win wars. While underinvestment in defense leaves the state vulnerable to other powers, overextension and overspending on defense can run an economy into the ground, leaving it unable to sustain a strong military. Now, picture a great power—China—with a military to rival the US and fusion reactors that provide virtually unlimited energy. Imagine the clout China would have in establishing ports, military bases and consumer markets around the world if it could license that fusion technology. A China that exceeds the US in energy, industry, intelligence, mobility and defense is positioned to usurp it. Of course, China could bungle its advantage. Authoritarian regimes have a habit of mismanaging internal dissent, falsifying reality and making preventable mistakes. The rise of China is inevitable, but the self-inflicted decline of the US and its allies isn't. Rather, it's a choice reflecting how societies invest their resources and envision their future. *Disclosure: The author is an investor in General Fusion and sits on its board of directors.
