Beijing – There has been intensive discussion on the disappearance of China’s Defence Minister Li Shangfu. In March, Li Shangfu had taken over the reins of the post of Defence Minister of China. He had also adopted a very aggressive policy against the United States. Also, Shangfu is known to be close to Chinese President […]
Moscow/Riyadh/London – The crude oil price has seen a jump after the leading countries of the oil sector, Russia and Saudi Arabia, announced to cut fuel production. On Tuesday, crude oil price crossed the $90 mark per barrel, the highest since November 2022. Analysts have estimated, on the backdrop of this increase, that crude oil […]
Moscow/Washington: Highlighting the threat from China and North Korea, Japan’s Defence Ministry has demanded a record $53 billion in defence spending from the Parliament. Japan has increased its defence costs by a whopping 12 per cent compared to last year. However, due to this defence spending by Japan, the peace and stability of the Asia-Pacific […]
Beijing/ Bishkek: In a report released last week, this concern was raised that 25 per cent of the world’s population, or two billion people, face a water scarcity crisis every year. Against the background of this report, news has come to the fore that China has started importing water directly from the neighbouring country to […]
Las Vegas: ‘The US economy is in very good shape. However, China’s financial recession may threaten the US economy. The downturn in China’s economy will majorly impact neighbouring Asian countries. Besides, the US can’t avoid this crisis either,’ US Treasury Secretary Janet Yellen warned. Just a few days ago, US President Joe Biden claimed that […]
Beijing: China’s top real estate company ‘Country Garden’ has not paid interest dues on US dollar bonds. This information emerged as the company announced a seven billion-dollar loss in the first six months of 2023. The company has a total debt burden of $200 billion. Besides, it has surfaced that the company does not have […]
Moscow: Russian Foreign Minister Sergey Lavrov said that the United States had prepared to impose sanctions on the Wagner Group fighting in favour of Russia in the Ukraine conflict. However, he added that the US delayed imposing sanctions on the company after Prigozhin, the head of the Wagner Group, revolted. Lavrov said that while Prigozhin […]
Seoul: North Korean government-affiliated think tank has warned that the growing aggression of the US and the puppet government of South Korean President Yoon Suk Yeol has been putting the entire Korean region on the brink of a nuclear war. These countries have made preparations to gain control over North Korea. Besides, the United States […]
Beijing – As Russia remains preoccupied with the Ukraine conflict, China began moves to strengthen cooperation with Central Asian countries under Russian influence. China has organised a two-day summit of five Central Asian countries, including in-person and group meetings. The Russian news agency reported that Russian President Vladimir Putin had a phone conversation with the […]
Washington – Russia has been preparing to acquire more drones from Iran to launch strikes on infrastructure in Ukraine’s capital, Kyiv, and elsewhere. Besides, Iran has supplied Russia with about 400 UAVs since August of last year. US White House spokesman John Kirby said Iran was ready to give more drones in response to Russia’s […]