Bamako/Moscow/Washington: – The government of Mali in Africa has signalled deployment of mercenaries from Russian Company, Wagner. The United States and European countries have objected to Mali’s decision. But Mali has backed the decision to seek help from the Russian company. While other countries, including France, are withdrawing their military deployments from Mali. Besides, the […]
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Vilnius/Beijing – The Lithuanian government has appealed to its citizens to throw out smartphones based on China’s advanced 5G technology, as they have been found to have a censorship system. Lithuania’s Defence Ministry has made this recommendation and has advised citizens not to purchase new Chinese smartphones. The Chinese government is agitated with this new […]
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Moscow: Elvira Nabiullina, Governor of the Central Bank of Russia claimed that international markets, including Russia, have reduced their disposition towards the US dollar while preferring other currencies like Euro. She also claimed a significant increase in the use of other currencies for international trade. A few months back, Russia had declared to have reduced the […]
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Beijing: Evergrande, China’s leading construction company, has reportedly failed to repay more than 300 billion in debt. It has been revealed that two leading multinational banks have since refused to accept the bonds issued by Fantasia company as collateral. Subsequent developments have brought the issue of bad debts in the Chinese construction sector on the […]
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Beijing/Washington: – The Chinese government has ordered to shut down the US Chamber of Commerce in the city of Chengdu. The notice came from China’s Ministry of Civil Affairs, said Benjamin Wang, head of the Chamber of Commerce. The US State Department responded by saying the incident was a symbol of the arbitrary functioning of […]
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Riyadh/Moscow: – Saudi Arabia and Russia have signed a military cooperation agreement. Both countries said that military cooperation was needed to promote international peace and stability. Saudi Deputy Defence Minister Prince Khalid bin Salman visited Russia for the purpose. Criticism is gaining momentum that the United States is losing the trust of its allies and […]
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Kyiv/Moscow – Germany has warned that Russia should not use the Nord Stream 2 fuel pipeline through the Baltic Sea as a strategic weapon to meet its geopolitical objectives. German Chancellor Angela Merkel recently visited both Russia and Ukraine. During her visit to Ukraine, Prime Minister Volodymyr Zelensky described the Nord Stream 2 fuel pipeline […]
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Washington/Taipei – US economist Jeff Ferry said that Taiwan’s leadership in the technology-intensive semiconductor industry and its policy should be exemplary in boosting the US industrial sector. Ferry also warned that the US has lagged by focusing only on businesses in the financial sector. The emphasis should be on strengthening the manufacturing sector, like Taiwan, […]
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Beijing: – Analysts claim that a series of shocks to China’s economy will hit the post-Corona recovery of the global economy once again. The Chinese government released the economic data for July. It shows a slowdown in industrial production, retail sales, e-commerce and investment sectors. Asian stock markets have plummeted in the wake of Chinese […]
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Lima/Beijing: – Researchers have suggested that since the Chinese vaccine for Coronavirus is not very effective against the virus, it is necessary to take a ‘booster dose’ of the vaccine developed by Western countries. This information surfaced in a study conducted in Peru, a Latin American country. Peru was the leading importer of the vaccine […]
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