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China hopes to Enhance Cooperation with Thailand

China hopes to Enhance Cooperation with Thailand

(CTN News) – In a recent meeting between Chinese Foreign Minister Wang Yi and Thai Deputy Prime Minister Don Pramudwinai, both nations expressed their mutual commitment to expanding cooperation across various sectors, focusing on regional stability, economic growth, and infrastructure development.

China-Thailand Collaboration Gains Momentum

Amidst global shifts and domestic dynamics, Foreign Minister Wang Yi emphasized that bilateral ties between China and Thailand would remain resilient. Wang’s confidence in Thailand’s enduring stability and growth set a positive tone for their cooperation.

Advancing Infrastructure and Combating Transnational Crime

Wang Yi underlined China’s dedication to deepening collaboration with Thailand, specifically urging the swift progress of vital projects such as the China-Thailand railway and the interlinking China-Laos-Thailand railway connections. Moreover, the call for joint action against transnational criminal activities, including telecom fraud, highlights their commitment to ensuring security and mutual prosperity.

China’s Pledge to ASEAN Development and South China Sea Peace

China reiterated its unwavering support for the ASEAN community and the importance of ASEAN centrality. The commitment to expedite consultations on the Code of Conduct in the South China Sea showcases China’s dedication to creating comprehensive and effective regional regulations.

Wang Yi’s vision of transforming the South China Sea into a zone of amity and cooperation highlights the nation’s commitment to peaceful regional dynamics.

Highlighting the need for regional unity, Wang Yi cautioned against external actors provoking camp-based confrontations and promoting Cold War mentalities. This call to vigilance against disruptive forces aligns with the shared goal of preserving hard-won peace and stability in the region.

Thailand’s Resolve Amidst Global Uncertainties

Deputy Prime Minister Don Pramudwinai acknowledged the current global and regional uncertainties. In response, Thailand was willing to foster greater dialogue and exchanges with China.

The shared commitment to strengthen multifaceted cooperation and facilitate projects like the China-Laos-Thailand railway connection underscores Thailand’s dedication to mutual development.

In conclusion, the recent high-level meeting between China and Thailand exemplifies their shared determination to elevate collaboration across diverse spheres. By prioritizing infrastructure, security, and regional harmony, both nations are set to contribute significantly to the stability and prosperity of the wider region.

ORIGINAL STORY:  Thailand Inks Mini-Free Trade Deal With China’s Yunnan Province To Enhance Collaboration

Thailand and China’s Yunnan province have forged a strategic mini-free trade agreement, poised to catalyze collaboration across key sectors including logistics and cross-border e-commerce.

This accord stands as a testament to their commitment towards enhancing bilateral economic ties.

Strategic Geographical Role of Yunnan Province in Strengthening Regional Trade Ties

Geographically proximate to Thailand, Yunnan province plays an instrumental role in bridging western China with the dynamic regions of East Asia, Southeast Asia, and South Asia.

The fruition of this agreement holds promising outcomes for Thailand, poised to amplify exports of agricultural commodities and processed fruits to the expansive Chinese market.

This remarkable accord signifies Thailand’s establishment of its eighth mini-FTA, solidifying connections with diverse zones in China, Japan, India, and South Korea.

The interlinking of Thai private sector entities with their Yunnan counterparts underscores the shared enthusiasm for collaborative endeavors between both nations’ corporate domains.

Central to the objectives of this mini-FTA is the facilitation of seamless trade interactions between Thailand and China. Impressively, the trade volume between Thailand and Yunnan soared to $2.34 billion in 2022, reflecting an impressive 17.9% surge from the preceding year.

Beyond trade augmentation, this agreement opens avenues for Thai goods to penetrate the vast Chinese market through the avenue of cross-border e-commerce.

Additionally, the cooperation agreement inked between Udon Thani Industrial City Co and Yunnan Tengjin Logistics Co ushers in enhanced logistics coordination.

Notably, the collaboration focuses on linking Thailand and China through the strategic conduit of the China-Laos high-speed railway route.

Fostering Economic Growth and Trade: Thailand-Yunnan Mini-Free Trade Accord Unveils Opportunities

The mini-free trade accord forged between Thailand and China’s Yunnan province holds substantial promise in fortifying economic bonds and amplifying trade across diverse sectors.

Among the pivotal realms of concentration, the logistics domain emerges as a linchpin, deftly facilitating the seamless movement of goods between these two spheres.

Yunnan province’s strategic adjacency to Thailand confers it a pivotal role, effectively bridging western China with the expansive landscapes of East Asia, Southeast Asia, and South Asia.

This geographical advantage crystallizes prospects for both nations to elevate their trade dynamics and cultivate an atmosphere of robust cooperation.

A cornerstone benefit of this accord is the positive reverberation it is poised to exert on Thailand’s agricultural sector.

The envisaged augmentation of access to the Chinese market bestows a fertile ground upon Thai agricultural exports, particularly in the domain of fruits and processed produce.

This juncture offers a momentous opportunity for Thai farmers and enterprises, allowing them to stretch their market outreach and subsequently bolster their revenue streams.

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Google’s Search Dominance Is Unwinding, But Still Accounting 48% Search Revenue

Google

Google is so closely associated with its key product that its name is a verb that signifies “search.” However, Google’s dominance in that sector is dwindling.

According to eMarketer, Google will lose control of the US search industry for the first time in decades next year.

Google will remain the dominant search player, accounting for 48% of American search advertising revenue. And, remarkably, Google is still increasing its sales in the field, despite being the dominating player in search since the early days of the George W. Bush administration. However, Amazon is growing at a quicker rate.

google

Google’s Search Dominance Is Unwinding

Amazon will hold over a quarter of US search ad dollars next year, rising to 27% by 2026, while Google will fall even more, according to eMarketer.

The Wall Street Journal was first to report on the forecast.

Lest you think you’ll have to switch to Bing or Yahoo, this isn’t the end of Google or anything really near.

Google is the fourth-most valued public firm in the world. Its market worth is $2.1 trillion, trailing just Apple, Microsoft, and the AI chip darling Nvidia. It also maintains its dominance in other industries, such as display advertisements, where it dominates alongside Facebook’s parent firm Meta, and video ads on YouTube.

To put those “other” firms in context, each is worth more than Delta Air Lines’ total market value. So, yeah, Google is not going anywhere.

Nonetheless, Google faces numerous dangers to its operations, particularly from antitrust regulators.

On Monday, a federal judge in San Francisco ruled that Google must open up its Google Play Store to competitors, dealing a significant blow to the firm in its long-running battle with Fortnite creator Epic Games. Google announced that it would appeal the verdict.

In August, a federal judge ruled that Google has an illegal monopoly on search. That verdict could lead to the dissolution of the company’s search operation. Another antitrust lawsuit filed last month accuses Google of abusing its dominance in the online advertising business.

Meanwhile, European regulators have compelled Google to follow tough new standards, which have resulted in multiple $1 billion-plus fines.

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Pixa Bay

Google’s Search Dominance Is Unwinding

On top of that, the marketplace is becoming more difficult on its own.

TikTok, the fastest-growing social network, is expanding into the search market. And Amazon has accomplished something few other digital titans have done to date: it has established a habit.

When you want to buy anything, you usually go to Amazon, not Google. Amazon then buys adverts to push companies’ products to the top of your search results, increasing sales and earning Amazon a greater portion of the revenue. According to eMarketer, it is expected to generate $27.8 billion in search revenue in the United States next year, trailing only Google’s $62.9 billion total.

And then there’s AI, the technology that (supposedly) will change everything.

Why search in stilted language for “kendall jenner why bad bunny breakup” or “police moving violation driver rights no stop sign” when you can just ask OpenAI’s ChatGPT, “What’s going on with Kendall Jenner and Bad Bunny?” in “I need help fighting a moving violation involving a stop sign that wasn’t visible.” Google is working on exactly this technology with its Gemini product, but its success is far from guaranteed, especially with Apple collaborating with OpenAI and other businesses rapidly joining the market.

A Google spokeswoman referred to a blog post from last week in which the company unveiled ads in its AI overviews (the AI-generated text that appears at the top of search results). It’s Google’s way of expressing its ability to profit on a changing marketplace while retaining its business, even as its consumers steadily transition to ask-and-answer AI and away from search.

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Google has long used a single catchphrase to defend itself against opponents who claim it is a monopoly abusing its power: competition is only a click away. Until recently, that seemed comically obtuse. Really? We are going to switch to Bing? Or Duck Duck Go? Give me a break.

But today, it feels more like reality.

Google is in no danger of disappearing. However, every highly dominating company faces some type of reckoning over time. GE, a Dow mainstay for more than a century, was broken up last year and is now a shell of its previous dominance. Sears declared bankruptcy in 2022 and is virtually out of business. US Steel, long the foundation of American manufacturing, is attempting to sell itself to a Japanese corporation.

Could we remember Google in the same way that we remember Yahoo or Ask Jeeves in decades? These next few years could be significant.

SOURCE | CNN

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2024 | Supreme Court Won’t Hear Appeal From Elon Musk’s X Platform Over Warrant In Trump Case

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Washington — Trump Media,  The Supreme Court announced Monday that it will not hear an appeal from social media platform X about a search warrant acquired by prosecutors in the election meddling case against former President Donald Trump.

The justices did not explain their rationale, and there were no recorded dissents.

The firm, which was known as Twitter before being purchased by billionaire Elon Musk, claims a nondisclosure order that prevented it from informing Trump about the warrant obtained by special counsel Jack Smith’s team violated its First Amendment rights.

The business also claims Trump should have had an opportunity to exercise executive privilege. If not reined in, the government may employ similar tactics to intercept additional privileged communications, their lawyers contended.

trump

Supreme Court Won’t Hear Appeal From Elon Musk’s X Platform Over Warrant In Trump Case

Two neutral electronic privacy groups also joined in, urging the high court to hear the case on First Amendment grounds.

Prosecutors, however, claim that the corporation never shown that Trump utilized the account for official purposes, therefore executive privilege is not a problem. A lower court also determined that informing Trump could have compromised the current probe.

trump

Trump utilized his Twitter account in the weeks preceding up to his supporters’ attack on the Capitol on January 6, 2021, to spread false assertions about the election, which prosecutors claim were intended to create doubt in the democratic process.

The indictment describes how Trump used his Twitter account to encourage his followers to travel to Washington on Jan. 6, pressuring Vice President Mike Pence to reject the certification, and falsely claiming that the Capitol crowd, which battered police officers and destroyed glass, was peaceful.

musk trump

Supreme Court Won’t Hear Appeal From Elon Musk’s X Platform Over Warrant In Trump Case

That case is now moving forward following the Supreme Court’s verdict in July, which granted Trump full immunity from criminal prosecution as a former president.

The warrant arrived at Twitter amid quick changes implemented by Musk, who bought the company in 2022 and has since cut off most of its workforce, including those dedicated to combating disinformation and hate speech.

He also welcomed back a vast list of previously banned users, including Trump, and endorsed him for the 2024 presidential election.

SOURCE | AP

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The Supreme Court Turns Down Biden’s Government Appeal in a Texas Emergency Abortion Matter.

Supreme Court

(VOR News) – A ruling that prohibits emergency abortions that contravene the Supreme Court law in the state of Texas, which has one of the most stringent abortion restrictions in the country, has been upheld by the Supreme Court of the United States. The United States Supreme Court upheld this decision.

The justices did not provide any specifics regarding the underlying reasons for their decision to uphold an order from a lower court that declared hospitals cannot be legally obligated to administer abortions if doing so would violate the law in the state of Texas.

Institutions are not required to perform abortions, as stipulated in the decree. The common populace did not investigate any opposing viewpoints. The decision was made just weeks before a presidential election that brought abortion to the forefront of the political agenda.

This decision follows the 2022 Supreme Court ruling that ended abortion nationwide.

In response to a request from the administration of Vice President Joe Biden to overturn the lower court’s decision, the justices expressed their disapproval.

The government contends that hospitals are obligated to perform abortions in compliance with federal legislation when the health or life of an expectant patient is in an exceedingly precarious condition.

This is the case in regions where the procedure is prohibited. The difficulty hospitals in Texas and other states are experiencing in determining whether or not routine care could be in violation of stringent state laws that prohibit abortion has resulted in an increase in the number of complaints concerning pregnant women who are experiencing medical distress being turned away from emergency rooms.

The administration cited the Supreme Court’s ruling in a case that bore a striking resemblance to the one that was presented to it in Idaho at the beginning of the year. The justices took a limited decision in that case to allow the continuation of emergency abortions without interruption while a lawsuit was still being heard.

In contrast, Texas has been a vocal proponent of the injunction’s continued enforcement. Texas has argued that its circumstances are distinct from those of Idaho, as the state does have an exemption for situations that pose a significant hazard to the health of an expectant patient.

According to the state, the discrepancy is the result of this exemption. The state of Idaho had a provision that safeguarded a woman’s life when the issue was first broached; however, it did not include protection for her health.

Certified medical practitioners are not obligated to wait until a woman’s life is in imminent peril before they are legally permitted to perform an abortion, as determined by the state supreme court.

The state of Texas highlighted this to the Supreme Court.

Nevertheless, medical professionals have criticized the Texas statute as being perilously ambiguous, and a medical board has declined to provide a list of all the disorders that are eligible for an exception. Furthermore, the statute has been criticized for its hazardous ambiguity.

For an extended period, termination of pregnancies has been a standard procedure in medical treatment for individuals who have been experiencing significant issues. It is implemented in this manner to prevent catastrophic outcomes, such as sepsis, organ failure, and other severe scenarios.

Nevertheless, medical professionals and hospitals in Texas and other states with strict abortion laws have noted that it is uncertain whether or not these terminations could be in violation of abortion prohibitions that include the possibility of a prison sentence. This is the case in regions where abortion prohibitions are exceedingly restrictive.

Following the Supreme Court’s decision to overturn Roe v. Wade, which resulted in restrictions on the rights of women to have abortions in several Republican-ruled states, the Texas case was revisited in 2022.

As per the orders that were disclosed by the administration of Vice President Joe Biden, hospitals are still required to provide abortions in cases that are classified as dire emergency.

As stipulated in a piece of health care legislation, the majority of hospitals are obligated to provide medical assistance to patients who are experiencing medical distress. This is in accordance with the law.

The state of Texas maintained that hospitals should not be obligated to provide abortions throughout the litigation, as doing so would violate the state’s constitutional prohibition on abortions. In its January judgment, the 5th United States Circuit Court of Appeals concurred with the state and acknowledged that the administration had exceeded its authority.

SOURCE: AP

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Could Last-Minute Surprises Derail Kamala Harris’ Campaign? “Nostradamus” Explains the US Poll.

Scientists Awarded MicroRNA The Nobel Prize in Medicine.

US Inflation will Comfort a Fed Focused on Labor Markets.

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