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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.

The Global Rise of BRICS: Unity, Challenges, and the West’s Perception

BRICS Attracting Global Attention Amid Challenges from the West The coalition of BRICS nations (Brazil, Russia, India, China, and South Africa) has garnered increasing attention...

China-UAE Relations: A Comprehensive Look at a Strengthening Partnership and Strategic Alliance

Introduction The recent conversation between Chinese Foreign Minister Wang Yi and UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan marks an important milestone in...

Curfew Uplifted: Assessing the Intricacies of Niger’s Political Landscape Post-Coup

On July 26, 2023, the Republic of Niger experienced a seismic shift in its political landscape. The elected president was ousted from power in...

Chinese and Russian Diplomats Advocate Political Settlement for Korean Peninsula Issue

In their meeting held in Beijing, Chinese special representative on Korean Peninsula affairs, Liu Xiaoming, and Russian Deputy Foreign Minister Andrey Rudenko emphasized the...

China and Vietnam Forge Stronger Military Ties for Regional Stability

Chinese Defence Minister Li Shangfu's announcement regarding China's willingness to collaborate with Vietnam in reinforcing high-level communication and deepening military cooperation has significant implications...

Paris Hosts the 170th General Assembly of the Bureau International des Expositions

By Michel Haber Paris, France: The Bureau International des Expositions (BIE) held its 170th General Assembly in Paris on 20-21 June 2022, with delegates from...

Epicenter of Innovation: Viva Tech 2023 Kicks Off in Paris

Renowned as Europe's biggest tech exhibition, Viva Tech 2023 is about to unfold in France, hosting eminent personalities like Mark Zuckerberg, Changpeng Zhao, and...

Chinese President Xi Jinping Offers Heartfelt Condolences to India Over Tragic Train Accident

The news of the tragic train accident in the eastern Indian state of Odisha has garnered the attention and heartfelt condolences of Chinese President...

G7 Summit’s ‘De-risking’ Pledge: Balancing Economic Ties and Security Concerns with China

The recent three-day summit of the Group of Seven (G7) leaders in Hiroshima, Japan concluded with a pledge to "de-risk" without resorting to "decoupling"...

UK Prime Minister Rishi Sunak Highlights China as Global Security and Prosperity’s Foremost Challenge

Following the G7 summit, British Prime Minister Rishi Sunak reiterated China's status as the world's foremost challenge to security and prosperity during a press...

China-US Trade Ministers’ Meeting: A Positive Signal for Enhanced Economic Cooperation

The upcoming meeting between Chinese and US trade ministers has garnered significant anticipation, as experts highlight its positive signal and the recognition by both...

China-Central Asia Summit: A Game-Changer for Regional Development and Peace

In a landmark summit held in Xi'an, Chinese President Xi Jinping outlined a comprehensive roadmap for China-Central Asia cooperation, emphasizing the need to strengthen...

G7 Leaders Pledge to Counter China’s ‘Malign’ Practices and Tackle Economic Coercion

Hiroshima, Japan - In a united front against China's perceived "malign" practices, Group of Seven (G7) leaders have vowed to launch a new initiative...

China and Pakistan’s Naval Ties: A Challenge to India’s Regional Ambitions

China has announced plans to boost naval ties with Pakistan, which will likely irk India. Chinese Defence Minister Li Shangfu recently met with the...

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