Foxconn’s Gou US Visit: Presidential Run?
Terry Gou, Billionaire Foxconn Founder, To Visit US, Eyeing Taiwan’s Presidency
Terry Gou, the founder of Foxconn and Apple Inc supplier, is visiting the US this week to discuss scientific and technological economic development. He will also speak at a Washington think-tank and visit University of Maryland to talk about artificial intelligence. His office noted that Taiwan’s key role in global cooperation has become more important due to regional conflicts in Asia-Pacific region. Gou may be considering another run for Taiwan’s 2024 presidential election as he had originally made a bid for it in 2019 but dropped out after losing nomination from KMT (Taiwan’s main opposition party). Eric Chu, KMT Chairman did not give a definite answer on whether Gou would be included in party’s nomination process or not. Vice President William Lai has already been chosen as ruling Democratic Progressive Party candidate for 2024 elections.
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1. Taiwan’s Ex-President, Ma Ying-yeou, Heads to China in a Historic Visit
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Former Taiwanese President Ma Ying-jeou will visit China on Monday, the first time in 71 years a sitting or former leader has done so. Meanwhile, current President Tsai Ing-wen is leaving for a trip to the U.S., which Beijing has “strongly opposed”. Ma’s visit is seen as an effort by his Chinese Nationalist Party to show they can handle relations with Beijing better than Ms. Tsai’s Democratic Progressive Party and her strengthening of ties with the US. His visit aims to promote educational exchanges between Taiwan and China while also visiting his ancestors’ graves in Hunan Province. Taipei Mayor Chiang Wan-an recently welcomed a delegation from Shanghai, while another Kuomintang vice chairman visited two key figures in China’s Taiwan strategy earlier this year. The Kuomintang left mainland China for Taiwan in 1949 and imposed authoritarian rule until 1987 when martial law was lifted and democracy reemerged along with Taiwanese identity; since then relations between them have warmed considerably, especially under Mr Ma who sought closer cross-strait ties but faced criticism at home due to it that led voters to elect Ms Tsai instead of him back in 2014 — both parties must appear neutral towards sovereignty now if they want votes from unaffiliated people at their January election.
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Collin Lewis, a Colorado man with autism, was left stranded after his Uber driver kicked him out of the car. The donut shop he stopped at was kind enough to bring him inside and give him free coffee and a donut until his dad arrived. Uber responded to this incident by issuing an apology and saying that it violates their community guidelines. RTD plans to continue offering rides through Uber while informing customers of its limitations.
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Iraq’s oil output and capacity may grow by around 25% over the next 5 years, but political infighting has limited investment in growing it further. Output has been capped under an OPEC+ agreement and Iraq’s new energy minister is trying to attract investment; however, their ambitious target of 7–8 million barrels per day by 2027 looks hard if not impossible to achieve. International oil companies have left due to low recovery factors and lack of infrastructure investments. The country is now focusing on refining and gas sectors instead, with a potential growth of 500K bpd in crude output from those projects — although this will take time.
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