Torbjørn Færøvik's Blog, page 12

Torbjørn Færøvik: "Gled dere! Europa har endelig fått en president."

«EU-tilhengere! Gled dere! Europa har endelig fått en president», skriver kommentatoren Nicholas Vinocur på nettstedet Politico. «Det eneste problemet er at han bor i Det hvite hus, på 1600 Pennsylvania Avenue i Washington D.C.»Vinocur viser til at Trump under et møte med EU-ledere nylig omtalte seg selv som «Europas president». Utsagnet ble mottatt med skjeve smil og hevede øyebryn, men hadde

Exhausted and Alone, China’s Single Moms Are Moving in Together

China has nearly 30 million single mothers. Now, many are finding support by moving in together, splitting bills, sharing child care, and building households outside the traditional family model.Fresh from a divorce, balancing a demanding finance job, and caring for her 9-year-old daughter, 44-year-old Sun had run out of ways to stretch the hours in her day. So last fall, she started over in a

What China Wants With Global Governance

What does China want from world order? Many observers, especially in the West, look upon China’s growing assertiveness and expanding ambitions with trepidation. In a speech on China-EU relations in 2023, European Commission President Ursula von der Leyen warned that “the Chinese Communist Party’s clear goal is a systemic change of the international order with China at its center.”She went on to

Charlie Kirk's Killing Opens Opportunity for China and Russia

The killing of conservative commentator Charlie Kirk in Utah has laid bare growing political violence and social discord in the United States, potentially making it more vulnerable to mainpulation amid deepening polarization and mistrust of institutions.Foreign powers such as Russia and China, which challenge America and its allies from Europe to the Middle East to Taiwan and the South China Sea,

Targeted abroad and shunned at home: Chinese overseas students caught in limbo

For Chinese students, a degree from a US university was once considered a “golden ticket” to coveted jobs back home. But many are now finding that geopolitics is blunting their ambitions. The Trump administration’s threat of visa cancellations – later shelved after a trade-truce phone call between the US president and Chinese leader Xi Jinping in early June – has compounded already swirling

Tim Cook details how Apple will put its $600 billion domestic manufacturing investment to work

In an interview Friday with CNBC’s Jim Cramer, AppleCEO Tim Cook discussed the Phone maker’s plans to follow through with its enormous investment in domestic manufacturing, emphasizing semiconductor production in the U.S.“You can add a lot by making it global and then stitching together the end-to-end supply chain in semiconductors,” Cook said. “I can’t stress how important this is and how much

North Koreans have grown more repressed, fearful in the past decade, U.N. report says

North Korea is the most restrictive country in the world, with the government tightening control over its citizens, intensifying surveillance and unleashing torrents of propaganda, according to a sweeping United Nations report released on Friday. The 14-page report, published by the U.N.’s Human Rights Office, covers developments in the country since 2014 and draws detail from interviews with

A new world order isn’t coming–it’s already here

On September 3, 2025, China celebrated the 80th anniversary of its victory over Japan by staging a carefully choreographed event in which 26 world leaders were offered a podium view of Beijing’s impressive military might. The show of strength was deliberate and reignited a debate in Western media over whether we are on the cusp of a China-centric “new world order” to replace the US-dominated

China quietly building a global yuan ecosystem in steady preparation for the dollar’s Trump-inspired collapse

US President Donald Trump is doing his worst to undermine the dollar with tariffs, attacks on the Federal Reserve and pushing the national debt higher toward US$38 trillion. But the real threat to the dollar’s reserve currency status is happening behind the scenes in Beijing. There, officials are quietly and meticulously seizing the moment for a Chinese currency ready to fill the void.To be

China wanrs Mexico to "think twice" before tasing tariffs, threatens countermeasures

China’s Ministry of Commerce has warned Mexico of countermeasures as the country plans to hike tariffs on Asia-made cars to 50%. We “hope Mexico will be extremely cautious, and think twice before acting,” the ministry said in a statement late Thursday, translated by CNBC.“China and Mexico are mutually important trade partners,” the ministry said. “We are not willing to see both sides’