As the world’s second largest economy battles an outbreak of diseases, tourism spending in China plummeted over this week’s Qingming festival. Official numbers reveal that tourists spent more than 30% less during the major three-day holiday than they did at… Read More ›
As part of Amazon’s Project Kuiper, three new heavy-lift rockets will launch thousands of satellites into low earth orbit over the next five years. Using a network of 3,236 satellites, the project seeks to deliver broadband connections. Starlink, a competitor,… Read More ›
Russia’s invasion of Ukraine has significantly increased the price of commercial fertilizers. Nearly two decades ago, Abe Sandquist had to really wrack his brain on how he could sell cow dung. He had to work really hard to convince farmers… Read More ›
In a statement U.S. Deputy Secretary of State Wendy Sherman said, sanctions imposed on Russia should give China a “good understanding” of the consequences should it provide material support to Moscow. The “range of sanctions” and export controls on Russia… Read More ›
With Western countries rolling out new sanctions against Russia midst the roll out of horrifying images of war crimes in the Ukrainian city of Bucha, it has become clear that their easiest sanction options have now been exhausted; there are… Read More ›
In the United Kingdom, a novel omicron sub-variant has been discovered as the country continues to see an increase in Covid-19 hospitalizations. According to the latest numbers from the UK Health Security Agency, the XE variation has been found in… Read More ›
In a statement the National Settlement Depository said, Russian lender VTB has made coupon payments in roubles to holders of its domestic subordinated bonds denominated in dollars and euros. Russia’s ability to continue to service its debt in foreign currencies despite… Read More ›
On Wednesday, South Korea said it will allow increase the number of international flights per week allowed to enter into the country beginning from May. The development marks a continued easing of anti-coronavirus measures with the Omicron wave on the… Read More ›
In a statement the Pentagon said, the U.S. State Department has approved the potential sale of defense equipment to Taiwan including items to support the Patriot Air Defense System and training in a deal valued at up to $95 million…. Read More ›
The World Bank lowered its 2022 growth prediction for East Asia and the Pacific to reflect the economic impact of Russia’s invasion of Ukraine, warning that if the situation worsens, the area could lose even more momentum. In a research… Read More ›
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