The zealous gatekeeper

China, which claims Taiwan as part of its territory, has worked for more than 50 years to prevent recognition of the self-governing island as a sovereign state and its membership in the United Nations or its suborganizations. Supporters of Taiwan say it is a travesty to allow Beijing block participation by a democratic government whose values and behavior are closer to the spirit of the UN Charter than China’s.

OKX Lite is here to make trading and earning on crypto easier than ever before

VICTORIA, Seychelles, Sept. 23, 2022 (GLOBE NEWSWIRE) — OKX, the world’s second largest cryptocurrency exchange, today announced the launch of OKX Lite, a simplified version of its trading app that makes it easy for users to buy, sell, swap and put their crypto to work.

With a more streamlined look and feel than the version aimed at experienced traders, OKX Lite aims to meet the expectations of HODLers and those new to trading by offering streamlined access to the features that matter most. These include:

  • Buying, selling and swapping with just a few taps
  • Making on and off-chain transfers (sending and receiving)
  • Staking crypto to earn on assets
  • The ability to monitor market movements while on the go
  • Access to the $10,000 Mystery Box referral program

The launch of OKX Lite comes in the immediate wake of the company launching its first global brand campaign, entitled “What is OKX?”. The launch of the campaign signaled the exchange announcing itself to the world, while OKX’s partnerships with prominent sports and entertainment institutions like Manchester City FC, McLaren Formula 1 and the Tribeca Festival have introduced both OKX and the world of crypto trading to a whole new audience. OKX Lite affords these users a safer and simpler entry into the world of crypto trading, helping them avoid getting out of their depth as they enter the space.

With its launch of OKX Lite, OKX is also furthering its commitment to promoting responsible trading, broadening access to crypto and removing barriers to financial freedom. As users of OKX Lite gradually develop their crypto trading expertise, the OKX app will allow them to grow in the way they interact with it, eventually allowing them to utilize it like an experienced crypto trader.

Haider Rafique, Global Chief Marketing Officer, OKX, said: “OKX Lite is our way to give traders and investors the easiest and most enjoyable way to plan, build and manage a crypto portfolio. When you look at our new UI, it may remind you of your traditional brokerage app, with upgrades that really enhance the day-to-day crypto experience. The ability to transition smoothly between Lite, Pro, and Wallet mode is designed very intentionally. We hope our customers not only enjoy the sleek new UI, but that this upgrade helps them smoothly transition between these three modes, which have been introduced very deliberately.”

Those who join OKX now can also invite their friends to win Mystery Boxes worth up to $10,000.

Find out more about OKX Lite here. Ready to go Lite? Get started here.

For further information, please contact:
Media@okx.com

About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.

As a top partner of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

Beyond OKX’s exchange, the OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

To learn more about OKX, download our app or visit: okx.com

China’s focus on remote Pacific islands offers gains and heightened US rivalry

China’s security pact with the Solomon Islands has highlighted diplomatic gains made over two decades in a vast Pacific region neglected by the United States.

The remote Pacific Island countries, small in population and lacking in economic clout, might not seem an obvious choice for China to influence, but both sides have benefited.

China has become an important and welcome source of loans, infrastructure and aid for the region, which struggles to get finance and is frequently battered by natural disasters. For Beijing’s part, it has further isolated Taiwan internationally by flipping some of its Pacific allies and has potentially secured supportive voices in international institutions. It has gained access to fisheries and mineral resources and has also inched closer to establishing a military presence in the region.

Taiwan, which Beijing views as a rebellious province, explains much of China’s interest in the region, said Sandra Tarte, an international politics expert at the University of the South Pacific. “Countering Taiwan has been a key thing,” she said. “That has always been the driver of China here in the Pacific.”

The Solomon Islands and Kiribati switched their diplomatic recognition to Beijing from Taiwan in 2019, a victory in renewed Chinese government efforts to whittle away Taiwan’s few remaining allies and pressure it into reunification. Taiwan is now recognized by just 14 countries, including four Pacific Island states. 

As it built its influence, China has pressured the Pacific Islands Forum, an important regional institution, to adopt its One China policy, but without success so far.  

China’s pact with the Solomon Islands, signed in April, allowing it to send security forces to protect its economic interests has renewed concerns it seeks a military outpost in the region. But Beijing’s efforts to get 10 Pacific nations to also sign a broad agreement that would shape relations was rebuffed. Several Pacific leaders have said they would not welcome a challenge to U.S. military dominance.

Some experts say the vulnerability of Pacific nations has made them a potentially high-reward strategic investment for China’s government as it pursues its Taiwan aims and other goals such as blunting U.S. projection of military power in Asia and the Pacific. 

Lack of economic development and perceptions in Pacific capitals of neglect by the United States and its allies created a void that China has filled with investment, loans and high-level diplomacy, former diplomats and other experts said in a United States Institute of Peace report, released this week.

“Perhaps to a greater extent than any other geographic area, the Pacific Islands offer China a low-investment, high-reward opportunity to score symbolic, strategic, and tactical victories in pursuit of its global agenda,” the report from the congressionally funded research institute said.

Pacific countries’ own agendas also have drawn China’s involvement. Fiji, among the most populous of the Pacific Island nations, courted relations with China and countries such as India and Russia after New Zealand and Australia sought to punish it for a 2006 coup.

“There was a convergence of interests with China,” said Tarte. “For Fiji, China was there as a political ally as well as an economic partner and security partner.”

Ralph Regenvanu, a Vanuatu lawmaker, has said it is easier to get China’s assistance for big ticket projects such as infrastructure compared with the more stringent requirements of other countries.

Some analysts date the start of heightened Chinese interest in the Pacific Islands to its 2006 economic development and cooperation forum in Fiji. China’s President Xi Jinping attended summits in the region twice in the past decade. 

U.S. involvement in the region began to diminish after the breakup of the Soviet Union. In the past two decades Washington has been preoccupied with conflicts in the Middle East.

The U.S. and allies such as Australia and New Zealand have been overtly responding to China’s increased influence in the Pacific since about 2018. The recent flurry of Western and Chinese diplomatic activity in the region partly reflects that the COVID-19 pandemic that shut down travel for two years has faded and face-to-face meetings can take place again.

BenarNews, an RFA-affiliated news service.

Top Executives Join LambdaTest to Accelerate Global Growth

The company has also elevated testing industry veteran, Sripriya Kalyanasundaram, formerly with UiPath, and Cognizant, to Strategy and Evangelism, CEO’s Office

San Francisco, Sept. 23, 2022 (GLOBE NEWSWIRE) — Sep 23, 2022, San Francisco: LambdaTest, the leading continuous quality testing cloud platform announced the elevation of Sripriya Kalyanasundaram, formerly with UiPath, and Cognizant, to Strategy and Evangelism, CEO’s Office at LambdaTest, and the appointments of Manoj Kumar, Vice President – Developer Relations, Arvind Chandrashekar, Vice President – Global Alliances and Channels, Subash Nambiar, Vice President – Enterprise Sales, Asia Pacific & Japan, and Mohit Juneja, Vice President – Strategic Partnerships and Business Development.

An industry veteran with vast experience in the testing landscape, Sripriya has witnessed and led the changes in the testing industry. She started her journey with Cognizant in 1995 and served until 2019. Her last designation at Cognizant was Vice President-Digital Business. Post Cognizant, Sripriya joined UiPath as SVP. She joined LambdaTest as a Global Partner Enablement Leader in April 2022 to lead the partnership ecosystem. As Sripriya moves into her new role, she will spearhead strategy and evangelism at CEO’s office, work closely with the leadership team, help further the vision of LambdaTest, and set the organization on an exciting new course.

Joining Sripriya are industry experts and community leaders who will enable the ecosystem by working closely with global partners including system integrators, test automation platforms, and cloud providers, including the QA community.

  • Manoj Kumar, VP-Developer Relations, is a leading testing community member and he will work extensively across the testers and developers community space. He will also handle the open source office and act as a sounding board for the engineering teams given his deep knowledge and expertise of the space. Notably, Manoj is a member of the project leadership committee for Selenium and an Appium committer. He has also delivered keynote sessions at Selenium Conference, STeP-IN, and SLASSCOM apart from other technical talks around the world. Manoj has previously worked at and been a part of digital transformation programs at leading companies like Thoughtworks, Wipro, and IAG, among others.
  • Arvind Chandrashekar, VP – Global Alliances and Channels, is a seasoned partner development leader with over 20 years of experience. Having worked for and with large advisories, GSIs, and channels/resellers, his never-ending fascination towards developing partnerships and to build scalable, robust joint GTM engines will amplify growth for LambdaTest. Prior to LambdaTest, Arvind held key global leadership roles with Microsoft/GitHub, Pegasystems, Wipro, Infosys, Cognizant, etc. He is laser-focused on developing global growth partnerships to deliver customer success.
  • Subash Nambiar, VP – Enterprise Sales for APAC, is a veteran testing technology executive with 20+ years of experience and comes onboard to spearhead LambdaTest’s growing enterprise business in Asia Pacific & Japan. He has held multiple leadership roles in leading enterprises including Sauce Labs, Oracle, IBM, PTC, and LG Software, and is an internationally accredited ICT thought leader with rich experience in solutioning that meets customers’ needs.
  • Mohit Juneja, VP – Strategic Partnerships and Business Development, has over a decade of experience and has worked previously with Microsoft and GitHub. In his role at LambdaTest, Mohit will focus on driving strategic technology partnerships to grow the ecosystem of DevOps, Cloud, and Testing tools leveraging the LambdaTest platform. Within Microsoft, Mohit has worked with Microsoft Consulting Services, Corporate Strategy, and later as the Business Lead for the Azure Application Development portfolio. Prior to LambdaTest, Mohit was responsible for scaling GTM across the Asia market for GitHub and played a pivotal role in expanding GitHub’s reach across enterprise customers.

“We are excited to announce the elevation of Sripriya to lead strategy and evangelism at CEO’s office. With her expertise, the leadership team will get invaluable advice that will help unlock the next stage of growth for LambdaTest. With leaders like Arvind, Subash, Mohit, and Manoj joining, LambdaTest will be able to deliver on our mission to help both our customers and partners who want to scale their go-to-market through faster release velocity and the community at large through our many community-focused initiatives,” said Asad Khan, CEO, LambdaTest.

With the new leadership joining LambdaTest, it will enable innovation in the continuous testing space and meet the expectations of the customers, partners, and the community in a fast-paced digital world.

LambdaTest is a continuous quality testing cloud platform that helps developers and testers ship code faster. Over 10,000+ customers and 1+ million users across 130+ countries rely on LambdaTest for their testing needs. LambdaTest has 300+ team members working across the globe. To know more about LambdaTest, visit https://lambdatest.com and to join the organization as it grows at rocket speed, visit https://www.lambdatest.com/career.

About LambdaTest

LambdaTest is a continuous quality testing cloud platform that helps developers and
testers ship code faster. Over 10,000+ customers and 1+ million users across 130+ countries rely on LambdaTest for their testing needs.

LambdaTest platform provides secure, scalable, and insightful test orchestration for
customers at different points in their DevOps (CI/CD) lifecycle:-

Browser & App Testing Cloud allows users to run both manual and
automated tests of web and mobile apps across 3000+ different browsers,
real devices, and operating system environments.

HyperExecute helps customers run and orchestrate test grids in the cloud
for any platform and programming language at blazing fast speeds to cut
down on quality test time, helping developers build software faster.

For further information please contact the LambdaTest press office: Bilal Mahmood on press@lambdatest.com or +44 (0) 20 3640 7759 and +44 (0) 771 400 7257.

3 civilians killed and 5 injured by artillery shelling in Myanmar’s Kachin state

Three civilians were killed, including a 12-year-old child, and five others were injured when junta forces fired heavy artillery on a village in Kachin State’s Shwegu township, according to locals and People’s Defense Forces (PDFs).

An older brother of 12-year-old victim Zwel Naing Win told RFA that one of the injured was shot by bullets and the rest of dead and casualties were hit by artillery shells.

“My brother was killed when the battle broke out and my brother-in-law was shot in his arm. He went to Shwegu Hospital for surgery. My brother was hit on his head and back, and died on the spot,” he said, adding that his brother was cremated on Friday.

The two other victims were identified as Thaung Aye, a 35-year-old woman and War Nu, a 40-year-old man.

The injured include a 51-year-old woman and her 13-year-old daughter, two 30-year-old men and a 40-year-old man, according to residents.

Zin Min Oo, the 40-year-old, was hit by a bullet while closing his shop.

The injured were all sent to Shwegu Hospital for treatment.

There are over 300 houses and about 1,500 people in Moe Sit village, which was hit by heavy artillery. Residents fled their homes as military council troops entered the village, according to a resident who declined to be named for safety reasons. He said the troops started firing their guns as they entered the village.

“They were shooting to the western part of the village,” said the resident. “Some villagers fled to Shwegu. Some people from the top of the village ran to Pauk Kone [village] and some ran into the fields. [As they ran] a house was set ablaze and flattened by shells.”.

A PDF member, who declined to give his name, said the village was shelled by 60 millimeter mortar bombs fired by troops who then crossed the river to seize Moe Sit.

“When the junta troops were crossing by boat from Kyun Taw village to Moe Sit, they opened fire with heavy artillery and entered from the side of Moe Sit village,” he said.

“We opened fire when the junta boat was in the middle, then mutual shooting erupted. Amid the fighting, the junta forces fired 60mm rounds and those landed in the western part of the village.

They hit the child and his uncle while they were tending to their cow, and the child died.”

State Administration Council spokesman and Social Affairs Minister for Kachin state, Win Ye Tun told RFA he did not know of any incidents involving civilians killed by junta shelling on Thursday.

The Myo Hla PDF said in a statement Friday that the Kha La Ya (78) militia, who are under the military council’s 88th Division, provided the junta with an additional 100 troops. He said four boats carried them across the river to Moe Sit.

Three junta boats were sunk and 27 soldiers were killed during the battle, according to the statement.

RFA has not been able to independently verify the details.

Philippine Economic Managers Downplay Weak Peso Despite Depreciation

MANILA, Sept 23 (NNN-PNA) – The Philippine currency, peso, continued to slide to record lows to the U.S. dollar, while the government’s economic managers downplayed the continued depreciation, saying, the weak currency is favourable to the country.

 

Abdul Abiad, the Asian Development Bank (ADB), Macroeconomic Research Division director, said that, the peso’s weakness was “not at the extreme end.” Compared with its peers in the region, the peso “is actually very much close to the average for the region,” Abiad said.

 

According to data from the Bankers Association of the Philippines, the Philippine peso plunged to a new record low against the U.S. dollar, closing at 58.49 pesos yesterday, the ninth time the Philippine currency fell to an all-time low, depreciating by over 13 percent.

 

In a Senate hearing last week, Philippine Finance Secretary, Benjamin Diokno, said, the weak peso benefits the country’s economy, as dollar-earning exporters and families of overseas Filipino workers, who send cash remittances get more value for their bucks.

 

Personal remittances remain a major source of the country’s foreign exchange inflows. In 2021, remittances from overseas Filipino workers rose by 5.1 percent, reaching 34.88 billion dollars, or 8.9 percent of gross domestic product.

 

Socioeconomic Planning Secretary, Arsenio Balisacan, earlier said, the peso depreciation will make Philippine exports more competitive, adding, other domestic industries that are not necessarily export-oriented, can also benefit from the weakening of the local currency.

 

“As long as the depreciation is not sharp, the overall net effect of this development is still positive for the economy, especially for our workers,” Balisacan said.

 

However, during his first State of the Nation Address in July, Philippine President, Ferdinand Romualdez Marcos, declared a set of ambitious objectives on economy, including a stable peso, averaging between 51 and 53 pesos to one U.S. dollar in 2022, and 51 to 55 pesos from 2023 onwards.

 

Some experts expressed their concern about a continuing depreciation of the peso, due to the “aggressive” monetary policy by the U.S. Federal Reserve.

 

“The depreciation in the Philippine peso reflects not so much weakness in the peso, but the strength of the dollar. And so it’s really again driven by the U.S. Fed tightening,” Abiad said.

 

Abiad said, the peso’s depreciation will depend on the U.S. Fed actions, warning its potential rate hiking might “continue putting pressure on currencies in our region to depreciate, including on the Philippine peso.”

 

Royce Aguilar, First Metro Securities’ equity research deputy head for retail, said, looking at the phase of the Fed raising rates, it would “definitely” be possible that the peso could reach another record low.

 

Source: NAM NEWS NETWORK