What began on Feb. 28 as a military campaign against Iran quickly became the largest energy-supply disruption in modern times. Unlike the oil crises of the 1970s, which stemmed from producer-led embargoes, US President Donald Trump is the first leader in modern history to trigger a cascading global energy crisis through direct military action. In the process, Trump has also laid bare Taiwan’s strategic and economic fragilities, offering Beijing a real-time tutorial in how to exploit them. Repairing the damage to Persian Gulf oil and gas infrastructure could take years, suggesting that elevated energy prices are likely to persist. But the most
In late January, Taiwan’s first indigenous submarine, the Hai Kun (海鯤, or Narwhal), completed its first submerged dive, reaching a depth of roughly 50m during trials in the waters off Kaohsiung. By March, it had managed a fifth dive, still well short of the deep-water and endurance tests required before the navy could accept the vessel. The original delivery deadline of November last year passed months ago. CSBC Corp, Taiwan, the lead contractor, now targets June and the Ministry of National Defense is levying daily penalties for every day the submarine remains unfinished. The Hai Kun was supposed to be
The Legislative Yuan on Friday held another cross-party caucus negotiation on a special act for bolstering national defense that the Executive Yuan had proposed last year. The party caucuses failed to reach a consensus on several key provisions, so the next session is scheduled for today, where many believe substantial progress would finally be made. The plan for an eight-year NT$1.25 trillion (US$39.59 billion) special defense budget was first proposed by the Cabinet in November last year, but the opposition Chinese Nationalist Party (KMT) and Taiwan People’s Party (TPP) lawmakers have continuously blocked it from being listed on the agenda for
On Tuesday last week, the Presidential Office announced, less than 24 hours before he was scheduled to depart, that President William Lai’s (賴清德) planned official trip to Eswatini, Taiwan’s sole diplomatic ally in Africa, had been delayed. It said that the three island nations of Seychelles, Mauritius and Madagascar had, without prior notice, revoked the charter plane’s overflight permits following “intense pressure” from China. Lai, in his capacity as the Republic of China’s (ROC) president, was to attend the 40th anniversary of King Mswati III’s accession. King Mswati visited Taiwan to attend Lai’s inauguration in 2024. This is the first