WNA Globe

World News by Wild Rose

#Pax Silica ร—

Philippinesโ€™ bet on shaky investment pledges from the US risks Chinaโ€™s ire

โ€œYou have absolutely no idea of what youโ€™re talking about. The whole point of Pax Silica is to partner with countries who are good at doing different things because everyone wins from a secure supply chain,โ€ wrote US Undersecretary of State for Economic Affairs Jacob Helberg on a social media website in response to an online critic of the US strategic initiative with the Philippines. The spirited exchange came after Manilaโ€™s reported rejection of a request to extend diplomatic immunity to US...

US Pax Silica hub plan hits Philippine sovereignty wall: โ€˜no special arrangementโ€™

A US plan to build an โ€œAI-nativeโ€ industrial hub in the Philippines has highlighted the political sensitivities around Washingtonโ€™s push to secure critical technology supply chains, after Manila rejected proposals for the zone to be governed by US laws or covered by diplomatic protections. Philippine officials said the planned economic security zone under Washingtonโ€™s Pax Silica initiative would remain covered by local laws, clarifying that there would be โ€œno special arrangementโ€ for the...