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U.S. fears China attack on Taiwan

The Biden administration has concluded that China "is flirting with the idea of seizing control of Taiwan as President Xi Jinping becomes more willing to take risks to boost his legacy," the Financial Times reports.                     

Why it matters: An invasion of Taiwan, the self-governed island claimed by Beijing, would force the U.S. to decide whether to go to war with China to defend an implicit ally.


  • The recent conclusion by the Biden administration is based on Chinese behavior during the past two months a senior U.S. official told FT.
  • After a show of force by Chinese bombers off Taiwan just after President Biden took office, the State Department said: "We urge Beijing to cease its military, diplomatic, and economic pressure against Taiwan."

Adm. John Aquilino, nominee to head U.S. forces in the Pacific, warned the Senate Armed Services Committee this week that the threat to Taiwan "is much closer to us than most think," CNN reported.

Adm. Philip Davidson, current head of the U.S. Indo-Pacific Command, testified earlier this month that the Chinese military is building up offensive capability, making the threat to Taiwan "manifest during this decade — in fact, in the next six years."

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"The war is over": Taliban declares victory in Afghanistan

Taliban leaders declared Monday "the war is over," after taking control of Afghanistannearly 20 years on from the militant group fleeing a U.S.-led coalition march into Kabul.

Driving the news: The declaration to Al Jazeera came after the Taliban seized the presidential palace in Kabul and President Ashraf Ghani to fled the country Sunday, and following the U.S. evacuation of the American Embassy. The U.S. was taking over air traffic control at Kabul's airport, where chaotic scenes were reported Monday, as foreigners and Afghan citizens attempted to flee.

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Space business gets billionaire boost

Blue Origin's successful flight is the rising-tide-lifts-all-boats story of the moment for the sector.

Why it matters: For investors, it doesn’t matter which billionaire hits space first. Recent headlines only generate more interest, some of which turns into investments — and that's good for companies that need cash.

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