New Delhi, July 6 (IANS) China would face huge economic costs due to the disruption of trade if it blockades or invades Taiwan, according to a report by a Washington think tank.The report, published by the Center for Strategic and International Studies titled Troubled Straits: Analyzing Trade Chokepoints in the South China Sea, states, “Military action by China that disrupts the Taiwan Strait could harm China’s economy even more severely than a disruption of the Malacca Strait.”It highlights t…
Latest Luzon News & Updates
Manila, Jan 16 (IANS) The first tropical cyclone of this year, tropical storm Nokaen, locally named Ada, may trigger lahars and muddy streamflows around Mayon Volcano on Luzon island, authorities said on Friday.The state weather bureau, PAGASA, said Nokaen is packing maximum sustained winds of 65 kilometres per hour near the center, with gusts of up to 80 kilometres per hour. The storm is moving slowly northward over the Philippine Sea, east of the Eastern Visayas in central Philippines.In its t…