On Thursday, in a statement Turkish President Tayyip Erdogan said, Ankara is considering stepping up joint defence industry collaborations with Russia in areas including engines for fighter jets and submarines. The development comes in the wake of a meeting with… Read More ›
Geopolitics
With Mounting Opposition And Debt, Momentum Being Lost By China’s Belt And Road Plans
According to a new report released on Wednesday, China’s massive Belt and Road Initiative (BRI) is in danger of losing momentum as resistance grows in target nations and debts build, clearing the door for competing projects to force Beijing out…. Read More ›
US and EU Trade and Tech council to meet on Sept 29 in Pittsburgh
According to senior officials from the Biden Administration, the United States and the European Union are scheduled to discuss the global shortage of semiconductors, tech competition and artificial intelligence (AI) during their first Trade and Tech Council (TTC) meeting scheduled… Read More ›
Greece boosts military ties with France, to announce defense deal today
In a statement Greek Prime Minister Kyriakos Mitsotakis said, Athens has been talking to Paris to boost defence ties. The development comes at a time when Greece is aiming to boost the capabilities of its armed forces. In 2020, Greece… Read More ›
Forecasts For America’s Growth For 2021 Cut Down By Economists, Shows New Survey
A new survey released on Monday shows that the hit of the surge of Covid-19 caused by the delta variant of the coronavirus in the United States prompted business economists to mark down their estimates and forecasts of growth for… Read More ›
Multiple ships of various nationalities supplying goods to North Korea in breach of UN sanctions: UK
In a statement Britain said, it had collected evidence of multiple ships from various countries apparently breaching United Nations sanctions on North Korea which ban the sale of fuel to the country. HMS Richmond, a British frigate, has been taking… Read More ›
Huawei’s CFO Meng Wanzhou returns to China in quid pro quo
In a significant development, Huawei’s Chief Financial Officer Meng Wanzhou arrived back in China after fighting U.S. extradition for around three years, in yet another sign of weakening global clout of the United States. The move also reflects a change… Read More ›
Taiwan’s Bid To Join The Trans-Pacific Trade Pact Welcomed By Japan
The bid of Taiwan to be a part of a trans-Pacific trade agreement was welcomed by Japan on Friday saying that Taiwan shared common democratic principles with Japan. Taiwan is claimed to be its own territory by China, Compared to… Read More ›
More trade action will be taken against Huawei if needed: U.S. Commerce Secretary Gina Raimondo
In a statement U.S. Commerce Secretary Gina Raimondo said, if necessary the Biden Administration will take further action against China’s Huawei. Washington continues to see the Chinese tech company as a national security threat on a variety of grounds and… Read More ›
EU countries should present a united front in COP26 negotiations
According to sources familiar with the matter at hand, countries from the European Union should do more to iron out burrs in their negotiating position vis-à-vis the COP26 climate change conference, following emergence of rifts over timeframes for emissions-cutting pledges…. Read More ›