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US beef arriving in a week's time: official

The first batch of US beef exports under a relaxed ban is likely to arrive in Taiwan within a week after the US Department of Agriculture (USDA) issued Quality System Assessment (QSA) certificates to qualified suppliers, a Ministry of Economic Affairs official said yesterday.

While the new QSA regulations stipulate that both boneless and bone-in beef from cattle less than 30 months of age slaughtered on or after Nov. 2 can be exported to Taiwan, only boneless beef from cattle slaughtered before that date can be exported to Taiwan.

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Financial MOU to be inked soon: Wu

A memorandum of understanding (MOU) on financial supervisory cooperation between Taiwan and China could be signed next week at the earliest, Premier Wu Den-yih (吳敦義) said in an interview with the Central News Agency (CNA) yesterday.

Signing the MOU is a “necessity” for Taiwan and China because it would be beneficial to cross-strait cooperation in the financial sector, Wu said, adding that there was “no doubt about that.”

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Newsflash

Osama bin Laden, the face of global terrorism and architect of the Sept. 11 attacks, was killed in a firefight with elite US forces yesterday, then quickly buried at sea in a stunning finale to a furtive decade on the run.

Long believed to be hiding in caves, bin Laden was tracked down in a costly, custom-built hideout not far from a Pakistani military academy. The stunning news of his death prompted relief and euphoria outside the White House and around the globe, yet also fears of terrorist reprisals against the US and its allies.

“Justice has been done,” US President Barack Obama said in a dramatic announcement at the White House.