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Russia Fires Top VEB Economist Klepach After War-Cost Warning

Andrei Klepach, VEB's chief economist, was dismissed on August 18 after warning Russia could not win a prolonged war of attrition with Ukraine.

Mike Ashley’s Frasers Group Lifts Hugo Boss Stake to 48%

Mike Ashley's Frasers Group has lifted its Hugo Boss shareholding to 48% after an offer of €38 per share, stopping just short of full control.

Russia Fires Top VEB Economist Klepach After War-Cost Warning

Andrei Klepach, VEB's chief economist, was dismissed on August 18 after warning Russia could not win a prolonged war of attrition with Ukraine.

Global Bond Yields Hit Multi-Decade Highs as US-Iran Ceasefire Collapses

Government borrowing costs reached multi-decade highs on Tuesday after the US-Iran ceasefire collapsed, driving yields higher across major economies.

Baidu Revenue Falls 4% as AI Cloud Fails to Cover Ad Slump

Baidu posted a 4% drop in second-quarter revenue to 31.3 billion yuan on Tuesday, as AI cloud growth failed to offset a continued advertising decline.

US President Biden’s Executive Order Curbs Investments in Chinese Tech: Analyzing the Impact and Responses

US President Joe Biden has signed a momentous executive order that aims to limit American venture capital and private equity investments in Chinese firms...

U.S. Limits Investment in China’s Sensitive Tech Sectors: President Biden’s Executive Order

On Wednesday, President Joe Biden initiated a major policy move, signing an executive order to limit certain new American investments in China. These include...

Post-Retirement Incomes in Hong Kong: Challenges and Solutions – A Comprehensive Analysis

Introduction The recent survey conducted by BOC Group Life Assurance and Golden Age Foundation has shed crucial light on the post-retirement incomes of residents in...

US-Japan Alliance Tested: Unraveling the Complexities of the ‘Chinese Hacker Incident’

Introduction In the wake of a significant incident involving alleged Chinese military hackers and Japan's defense networks, the U.S. has sought to stabilize its military...

Screening Outbound Investments: The Complex Impact of the U.S.’s Expected Executive Order on China’s Sensitive Technologies

The expected executive order from the Biden administration to screen outbound investment into sensitive technologies in China is a move that has garnered a...

China and Russia Reaffirm Partnership: Dialogue on Ukraine, Bilateral Cooperation, and BRICS Expansion

China's Foreign Minister Wang Yi and Russian Foreign Minister Sergei Lavrov reaffirmed the strong relations between their countries in a late Monday phone call,...

Netanyahu’s Visit to China: A Complex Dance of Diplomacy, Mediation, and Trade

As Washington's negotiations to normalize relations between Israel and Saudi Arabia have stalled, Israeli Prime Minister Benjamin Netanyahu may look to Beijing for help....

Taro Aso’s Taiwan Visit: A Bold Step in Japan-Taiwan Relations Amid Beijing’s Concerns

Introduction The vice-president of Japan's ruling Liberal Democratic Party (LDP) and former Prime Minister, Taro Aso, has arrived in Taiwan for a three-day visit, sparking...

Jeddah Talks on Ukraine Crisis: China’s Role and International Consensus Building

Introduction On Monday, China's foreign ministry confirmed that the international talks hosted in Saudi Arabia over the weekend concerning the peaceful resolution of the Ukraine...

Iraqi Airways Bear Escape: A Comprehensive Analysis of Laws, Social Trends, and Environmental Concerns

Introduction The recent incident of a bear's escape from its crate in the cargo hold of an Iraqi Airways flight has sparked controversy and widespread...

Zuck vs. Musk: A Tech Titan Face-Off for Charity and a Test for Platform X

The tech world was set abuzz when Elon Musk announced that his potential fight with Mark Zuckerberg, two giants of the technology industry, would...

Escalation in the South China Sea: The Philippines Accuses China’s Coast Guard of Aggressive Actions

In an alarming escalation of tensions in the South China Sea, the Philippine government accused China's coast guard of aggressive actions against one of...

China’s Strategic Pursuit of the GCC Free Trade Agreement: A Comprehensive Look at Expanding Economic and Diplomatic Ties

I. Introduction China's ambitions for an early completion of talks on a free trade agreement (FTA) with the six-member Gulf Cooperation Council (GCC) come at...

Escalation in the Black Sea: Moscow Condemns Ukrainian Drone Attacks on Russian Vessels and Promises Retaliation

On Friday, Moscow strongly denounced what it termed a Ukrainian “terrorist attack” on a civilian vessel in the Kerch Strait. This condemnation follows two...

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