MNI: Fed: Policy Well Positioned To Respond To Risks

CANADA JUNE JOBS -1.4K VS FORECAST +20K, PRIOR +26.7K

MNI China Daily Summary: Friday, July 5

MNI BRIEF: PBOC Plans To Borrow Hundred Bln Yuan CGB - Press

MNI: PBOC Net Drains CNY48 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1289 Fri; -0.35% Y/Y

MNI: BAKER HUGHES US RIG COUNT 585; OIL RIGS 479; GAS RIGS 101

EZ/UK T-Bill Calendar: Germany, France to Issue Bills Monday

EZ/UK Bond Supply Calendar: EU/UK Syndications Due Next Week

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

AUKUS: "We Are Considering Cooperation With Japan On AUKUS Pillar II"

SECURITY
USEM BulletHomepagePolitical RiskCommoditiesPolitical Risk BulletUKEmerging Market NewsMetals bulletPolitical Market NewsEnergy BulletsBank Of England (BOE) Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

US Defence Secretary Lloyd Austin, Australian Defence Minister Richard Marles and UK Defence Minister Grant Shapps - have released ajoint statementsignalling that Japan will likely be invited to join "Pillar 2" of the AUKUS security pact.

  • Statement: "Our objective remains to further the delivery of advanced military capabilities to our respective defense forces in support of regional stability and security; we are confident that engaging like-minded partners in the work of Pillar II will only strengthen this pursuit. Recognizing Japan's strengths and its close bilateral defense partnerships with all three countries, we are considering cooperation with Japan on AUKUS Pillar II advanced capability projects."
  • Pillar II of AUKUS focuses on advanced technology, "ranging from artificial intelligence and quantum computing to undersea capabilities and hypersonic weapons," per FT.
  • FT notes: "Some in [Biden's] administration — including Kurt Campbell, deputy secretary of state, and Rahm Emanuel, the US ambassador to Tokyo — had pushed to add Japan as a Pillar II partner. But Australia and Britain, and some in the US government, argued it was too early to add a partner, even if Japan is the most important US ally in Asia.
  • Japanese Prime Minister Fumio Kishida will be in DC this week for an Official Visit with President Biden and a ‘historic’ trilateral summit with Biden and Philippine President Ferdinand "Bongbong" Marcos.
  • Kishida will address a Joint Session of Congress on Thursday where he is expected to stress that Japan-US military partnership is crucial in maintaining a free and open international order.
249 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

US Defence Secretary Lloyd Austin, Australian Defence Minister Richard Marles and UK Defence Minister Grant Shapps - have released ajoint statementsignalling that Japan will likely be invited to join "Pillar 2" of the AUKUS security pact.

  • Statement: "Our objective remains to further the delivery of advanced military capabilities to our respective defense forces in support of regional stability and security; we are confident that engaging like-minded partners in the work of Pillar II will only strengthen this pursuit. Recognizing Japan's strengths and its close bilateral defense partnerships with all three countries, we are considering cooperation with Japan on AUKUS Pillar II advanced capability projects."
  • Pillar II of AUKUS focuses on advanced technology, "ranging from artificial intelligence and quantum computing to undersea capabilities and hypersonic weapons," per FT.
  • FT notes: "Some in [Biden's] administration — including Kurt Campbell, deputy secretary of state, and Rahm Emanuel, the US ambassador to Tokyo — had pushed to add Japan as a Pillar II partner. But Australia and Britain, and some in the US government, argued it was too early to add a partner, even if Japan is the most important US ally in Asia.
  • Japanese Prime Minister Fumio Kishida will be in DC this week for an Official Visit with President Biden and a ‘historic’ trilateral summit with Biden and Philippine President Ferdinand "Bongbong" Marcos.
  • Kishida will address a Joint Session of Congress on Thursday where he is expected to stress that Japan-US military partnership is crucial in maintaining a free and open international order.