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Chen denies flying money overseas

Former president Chen Shui-bian’s (陳水扁) office yesterday issued a statement denying allegations that Chen had taken advantage of his overseas trips to transport cash abroad.

The statement came in response to a story published by the Chinese-language China Times yesterday that quoted Palauan President Johnson Toribiong as saying that an unidentified wire of NT$1.4 billion (US$40 million) was routed through Palau’s Pacific Savings Bank in 2005 to the US and other countries.

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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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Newsflash

US President Barack Obama’s administration is weighing fresh arms sales to Taipei as part of a sweeping effort to deter any Chinese attack on Taiwan, administration officials told the US Congress on Tuesday.

Such supplies would be on top of plans sent to Congress on Sept. 21 to sell Taiwan US$5.85 billion in new hardware and defense services, including upgrades for its 145 F-16A/B aircraft, bought in 1992.

Beijing deems arms sales to Taiwan a grave interference in its domestic affairs and the biggest obstacle to improved relations between the world’s two largest economies.