Victor Westerkamp
Victor resides in the Netherlands and writes about freedom and governmental and social changes to the democratic form of nations.
Indictment Details Plan to Steal Samsung Secrets for Foxconn China Project
South Korean prosecutors have accused a former Samsung employee of stealing and leaking sensitive information he used to help his new employer set up a chip factory in China. Former Samsung executive and Singapore-based consultancy...
US Prosecutors Indict Chinese Fentanyl Precursor Manufacturers
The U.S. Justice Department has accused eight Chinese nationals and four companies of supplying raw materials for fentanyl production — an initiative to gain better control over the devastating opioid crisis. Persecutors on Friday, June...
Hyundai to Reduce China Presence, Invest $28 Billion for EV Transition
Hyundai Motors plans to increase its annual budget for the electrification of its fleet by two-thirds on average, thereby spending a total of $28 billion over the next ten years. Its investment of $28 billion...
Some US Business Leaders Stick to China Market Despite Worsening Conditions
Executives of major U.S. companies have stressed their commitment to the Chinese market despite the worsening situation under Communist Party rule and heightened geopolitical tensions. A recent story by Beijing’s state broadcaster China Global Television...
Audi CEO Targets China Market for High-End EVs
German high-end automobile manufacturer Audi must rush to adjust its lineup to meet the demand for electric cars in China, the world's largest car market. Thus said the German luxury carmaker's CEO. Markus Duesmann, in...
Japan Offers Military Aid to Philippines in Event of Taiwan Conflict
Japan wants to offer material military aid to the Philippines, with both countries expressing willingness to make their bases available for the other in a move that would strengthen the U.S.-led alliance system in the...
Toyota Bets on Cutting-Edge Battery Tech to Compete in EV Market
Toyota has announced plans to launch high-performance solid-state batteries that are cheaper to produce for its fleet of electric vehicles (EVs) to compete with rivals such as Tesla. The Japanese giant's technology roadmap, covering aspects...
Pakistan Purchased Russian Bargain Oil in Chinese Yuan, Minister Says
Pakistan paid for a large amount of discounted crude oil from Russia using the Chinese yuan for an April deal that appears to suggest the U.S. dollar’s further weakening as a global reserve currency. On...
Indonesia’s China-built High-Speed Rail Project Delayed–Again
The launch of Indonesia's prestigious, $7.3 billion high-speed rail link between the capital Jakarta and the city of Bandung, the first of its kind and which was scheduled for completion in August, will likely have...
US Hotel Construction Projects Stall Over Dried-Up Finances
Tighter lending standards from regional banks in the wake of the latest banking crisis have made it harder for U.S. hotel developers to secure funding, delaying the development of new projects. Hotel developers indicate that...
Russia Claims Ukrainian Attacks on Civilian Targets and Oil Refineries in Its Border Areas
Russian news services have reported the Ukrainian shelling of Russian targets in occupied territory in Ukraine, Russian territory in the border region, and even the capital Moscow. The Kremlin said Ukrainian artillery hit the town...
Turkey’s Erdoǧan Wins Fifth Five-Year Term as President
President Tayyip Erdoǧan emerged victorious in the runoff vote against challenger Kemal Kilicdaroǧlu, securing another five years as leader of Turkey. The victory extends Erdoǧan's two decades in power. It gives him the mandate to...