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African governments and banks are stepping up efforts to reduce reliance on the US dollar in trade and financial transactions as uncertainty over American tariffs unsettles global markets. Ecobank Transnational CEO Jeremy Awori told Bloomberg that erratic US trade measures are motivating companies across the continent to settle more deals......
Russia and Iran are steepening discounts on their crude exports to secure a shrinking pool of Chinese buyers after Indian refiners sharply reduced purchases of Russian oil. Moscow’s flagship Urals blend is now selling to China at about 12 dollars per barrel below the ICE Brent benchmark, compared with a discount of roughly 10 dollars......
Investor and Bridgewater Associates founder Ray Dalio has warned that the global financial and political system has entered a period of “great disorder,” marking the end of the post-World War II world order. In recent essays and public appearances, Dalio said current global tensions and rising national debts are signals that the......
During a meeting in Beijing on Wednesday, Chinese President Xi Jinping encouraged German Chancellor Friedrich Merz to strengthen ties, describing Germany as a “reliable and innovative” partner. The discussion took place as Merz began his first official two-day visit to China since his election. Xi highlighted the rapid global......
German Chancellor Friedrich Merz announced on Wednesday in Beijing that China plans to order up to 120 additional aircraft from European aerospace manufacturer Airbus. Speaking during his official visit to the Chinese capital, Merz said German authorities had been informed that Chinese leaders intend to expand their purchases from the aircraft......
British luxury carmaker Aston Martin has announced plans to reduce its workforce by around 20 percent as it faces mounting financial pressure linked to higher tariffs in key markets such as the United States and China, as well as broader economic uncertainty affecting the global automotive sector. The restructuring is expected to......
A 32-year-old Montenegrin national was detained at Warsaw Chopin Airport on suspicion of spying for China, Polish authorities reported on Tuesday. The arrest followed a European Arrest Warrant issued by Lithuania, which suspects the individual of acting on behalf of Chinese intelligence services. Officers from Poland's Central Bureau......
Microdrama platforms are now capturing more daily viewing time on mobile phones in the United States than established streaming services, underlining how ultra-short scripted series are redefining video habits on small screens. New figures from research firm Omdia, based on Q4 2025 Sensor Tower usage data presented at MIP London, show that......
North Korean leader Kim Jong Un has been unanimously re-elected as Secretary General of the Workers’ Party of Korea, according to official state media reports following the party’s ninth congress held in Pyongyang. The decision to renew his mandate at the head of the ruling party, which has governed the country......
Russian President Vladimir Putin has declared the buildup of Russia’s nuclear arsenal an “absolute priority” after the collapse of the last remaining arms control treaty with the United States, signalling a more dangerous phase in great power rivalry. In a video address released for Defender of the Fatherland Day, Putin said......
An Australian warship, HMAS Toowoomba, transited the Taiwan Strait on Sunday, according to government sources, marking the latest passage through the strategically sensitive waterway by an ally of the United States. Chinese state-backed media reported that the vessel was tracked and monitored by China’s military during the transit.......
U.S. President Donald Trump announced that the United States is dispatching a hospital ship to Greenland, a self-governing Danish territory that has become increasingly central to geopolitical discussions over Arctic security. In a message posted on his social media platform, Trump said a “large hospital ship” was on its way to......
China has reaffirmed its opposition to Japan’s bid for a permanent seat on the United Nations Security Council, arguing that Tokyo is “totally unqualified” for such a role. The remarks were made during a session of the United Nations General Assembly focused on negotiations over Security Council reform. Speaking at the meeting,......
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