Pakistan is actively pursuing the re-profiling of over $27 billion in debt owed to China, Saudi Arabia, and the United Arab Emirates (UAE) as part of efforts to secure a $7 billion bailout package from the International Monetary Fund (IMF) and address mounting energy sector liabilities, according to Dawn. Pakistani Finance Minister Muhammad Aurangzeb revealed […]
Tokyo, July 29 — During a Quad meeting in Japan on Monday, Indian External Affairs Minister S. Jaishankar emphasized the ongoing tensions between India and China, reiterating that New Delhi is not seeking third-party intervention to resolve the situation. Jaishankar’s comments came shortly after his meeting with Chinese Foreign Minister Wang Yi in Laos, where […]
In a significant development, Palestinian factions, including rivals Hamas and Fatah, have signed an agreement aimed at “ending division and strengthening Palestinian unity.” The agreement, announced by China on Tuesday, follows reconciliation talks hosted in Beijing involving 14 Palestinian factions. This comes as Israel continues its military operations against Hamas in Gaza, with China positioning […]
China’s top diplomat, Wang Yi, has been at the heart of intense diplomatic activity in recent weeks, with two of the world’s most intractable conflicts taking center stage. His efforts to mediate between Palestinian factions, including the bitter rivals Hamas and Fatah, were immediately followed by a high-profile meeting with Ukrainian Foreign Minister Dmytro Kuleba […]
Typhoon Gaemi is wreaking havoc across Taiwan, claiming at least two lives and injuring hundreds as it brings heavy rainfall, strong winds, and a hazardous storm surge to the island. Authorities have responded by closing financial markets, schools, and offices. According to Taiwan’s Central Emergency Operations Center, the fatalities include a woman in Kaohsiung City […]
Solarcool, a trailblazer in off-grid cooling solutions, is excited to announce the inauguration of its new Smart Hub office in Lagos, Nigeria. This development is a major step forward in the company’s mission to deliver clean, dependable energy across Sub-Saharan Africa. Serving the Western Region The Lagos Smart Hub will cater to the entire western […]
HONG KONG — Wall Street Journal reporter Selina Cheng announced she was fired after being elected chair of the Hong Kong Journalists Association (HKJA) on June 22, amidst increasing pressure on press freedoms by Beijing. In a statement posted on X, Cheng said she was terminated from her role covering China’s car sector on Wednesday. […]
Frankfurt, July 16 (Reuters) – Anne Brorhilker, a prominent German prosecutor known for her efforts to crack down on tax fraud, announced her new role as an activist on Tuesday, vowing to combat the influence of lobbyists and recover €28 billion ($31 billion) in taxes. Brorhilker, who spent years leading the fight against “cum-ex” trading […]
BEIJING — China’s economy continued its stable trajectory in the first half of 2024, expanding by 5 percent to reach 61.68 trillion yuan ($8.49 trillion), aligning with the government’s annual target, according to data released by the National Bureau of Statistics (NBS) on Monday. In the second quarter, the country’s GDP expanded by 4.7 percent […]
BEIJING — The 20th Central Committee of the Communist Party of China (CPC) commenced its third plenary session on Monday, with key discussions led by General Secretary Xi Jinping. During the session, Xi Jinping delivered a comprehensive work report on behalf of the Political Bureau of the CPC Central Committee. The report covered significant achievements […]
