Taiwan Tati Cultural and Educational Foundation

 
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Taiwan Tati Cultural and Educational Foundation

Ma’s wavering stance on defense

US President Barack Obama has broken with a tradition of almost 20 years by overturning a decision by national security officials to let the US president “meet by chance” with the spiritual leader of Tibet, the Dalai Lama, who is currently visiting Washington. There are reasons for this decision, which may affect US-Taiwan relations.

In late July, the Obama administration met leaders from Beijing at the first ever US-China Strategic and Economic Dialogue in Washington, where a preliminary consensus was reached on issues such as the global financial crisis, climate change, North Korea and anti-terrorism.

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Caution on battling speculation

Most monetary policymakers view a sudden resurgence in capital inflow with a wary eye amid concerns that speculative funds may have found their way into the system, leading to currency instability and asset price bubbles. In Taiwan, a press statement released by the central bank on Thursday, citing excerpts on capital controls and financial stability, suggests that the bank now considers foreign speculative funds its No. 1 target.

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... and justice for none

And so it goes on.

The Supreme Court, rightfully irritated by the arguments of the Taiwan High Court that have kept former president Chen Shui-bian (陳水扁) in detention while his appeal is prepared, returns the case to the lower court, demanding a better explanation.

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Taiwan and China

HONG KONG — Taiwan’s position as a de facto independent state seems to be morphing very slowly toward the “one country, two systems” status of Hong Kong. The process is not irreversible but the sentiments of those of mainland origin in the governing Nationalist Party, along with the self-interest of business groups and a widespread sense of economic vulnerability are all pushing the island toward accommodation with Beijing.

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Newsflash


Farmers and activists holding posters of Miaoli County Commissioner Liu Cheng-hung petition the Cabinet in Taipei yesterday against an order for households in Jhunan Township’s Dapu Village to move out by Friday.
Photo: CNA

Vice President Wu Den-yih (吳敦義) and Premier Jiang Yi-huah (江宜樺) have betrayed pledges made three years ago to farmers of Dapu (大埔) in Jhunan Township (竹南), Miaoli County, the Democratic Progressive Party (DPP) said yesterday.

DPP officials told a press conference in Taipei that the party supports the farmers of Dapu, who began a new round of protests outside of the Executive Yuan yesterday morning over a renewed order to demolish their homes.