The International Monetary Fund (IMF) predicts that the Indian economy may shrink by 10.3% this year. The IMF released the “Asia-Pacific Economic Outlook Report” on Wednesday. The report also predicts that the Asia-Pacific economy will shrink by 2.2% in 2020, which is a 0.6 percentage point lower than the forecast in June this year.
On Thursday, international oil prices bottomed out and rebounded, benefiting from OPEC+’s possible slowdown in production increase. However,the renewed surge in new coronavirus cases in Europe and the United States, the blockage of negotiations on the US stimulus plan, and the increase in US gasoline inventories all indicate a worsening outlook for fuel demand.
According to Reuters, the US Defense Security Cooperation Agency (DSCA) issued a press release on Wednesday stating that the US Department of State has approved the potential sale of three weapon systems to Taiwan with a total value of approximately $1.8 billion.
The World Bank is forecasting an “anemic” economic outlook for Pakistan, with an expected growth rate of only 0.5% in the current fiscal year. “Given anemic growth projections in the near term, poverty is expected to worsen with government estimates of pandemic job losses at 14 million, as poverty is expected to increase for the first time in two decades.”
According to reports, the US Department of Justice filed its long-awaited antitrust lawsuit against Google, and it could take a judge to spin the market-value of the search and advertisement giant worth $1 trillion. The big economies worldwide seem to be starting to take steps against Google, and the United States alone is not the problem.
Russia and the President, Vladimir Putin, have been on the forefront of the Western news. A large amount of the attention on Russia stems from the Alexei Navalny poisoning in August. However, it has not been conclusive who is behind the poisoning. While the West glorifies Navalny as an opposition martyr, he is far from such.
The European Union discussed (but failed to agree on) sanctions against Turkey over the weekend, Euronews reported. Several countries want to punish Turkey for violating the sovereign rights of Greeks and Cypriots in the Eastern Mediterranean. However, Germany, Spain, Italy, Hungary, and Malta blocked the proposal.
Russian Ministry of Finance (MinFin) announced proposed changes on October 19 pertaining to the defense budget. The new proposals are expected to save 20 billion Rubles ($257.4 million) annually. It is expected that law enforcement agencies would be restructured as well.
The South China Morning Post reported that Cathay Pacific will lay off 6,000 employees and end its Cathay Dragon brand as part of a strategic assessment to deal with the unprecedented damage caused by the new coronavirus pandemic. The SCMP said the Hong Kong airline is expected to officially announce the plan after the close on Wednesday.
The creation of the Eurasian Economic Union has been predetermined by three historical aspects, which, within the framework of close cooperation, determine the direction of the economies of the member states. These three formats, which are interfaced to one degree or another, gave the prototype of the EAEU.
In recent years, more students in China have chosen to obtain a master’s degree or a PhD as a way to postpone their entrance into the labor market, either out of a mere hope of increasing their competitiveness in the future, or simply because they haven’t found a proper job. However, graduate education is not meant for everyone. The pressure of being able to graduate on time, the relationship with academic supervisor, the higher expectations from the society…For the students, it has become a question of who gives up first.
Japanese Prime Minister Yoshihide Suga made his first overseas meeting since taking office last month. At the conference, an agreement was reached with the Prime Minister of Vietnam, Nguyen Xuan Phuc, to improve cooperation in defense and protection in reaction to Chinese increased involvement in the region.
International oil prices fell on Monday due to China’s economic growth rate in the third quarter, which was lower than expected. China’s energy demand is still inevitably dragged down by the renewed surge in the number of new coronavirus infections in other countries around the world.
The Lowy Institute, an Australian think tank, released its 2020 “Asia Power Index” on Sunday, which shows that the United States is still the most influential country in Asia. However, in the face of China’s rise and improper handling of the COVID-19 epidemic, America’s global prestige has been declining.
Tens of thousands of protesters on Sunday, for the fourth day in a row, continued with demonstrations in Thailand, despite a ban by the local authorities on gathering in Bangkok. The protestors are demanding the immediate resignation of the nation’s prime minister and a thorough reform of the monarchy.
China announced its third-quarter GDP data on Monday. From July to September, China’s GDP grew by 4.9% this year, higher than the 3.2% in the second quarter. Various data are expected to show that China’s economic recovery has accelerated in the third quarter, and is currently the only major economy in the world with positive growth.
On October 15 Mao Hongtao posted for the first time on Wechat Moments. Families and colleagues tried to reach him after seeing the post, but his phone was already turned off. On the same day, local police got involved and the news trended on Weibo. The next day his body was found in Jiang’an River, close to his house in Chengdu. Police concluded it was a suicide. Mao was the Party Committee Secretary (PCS) of Chengdu University, a mayor-level official according to the current civil service hierarchy in China.
Russian President Vladimir Putin has submitted a draft law on the State Council to the State Duma. The document sets out the status, structure, and powers of the state Council. The changes are in line with the amendments to the Russian Constitution proposed by President Putin.
Russia’s Ambassador to the Netherlands, Alexander Shulgin, was summoned to the Dutch Foreign Ministry after Russia decided not to participate in trilateral consultations on the crash of Malaysia Airlines Flight 17 (MH17) in 2014. That’s according to a message from the Kingdom’s Foreign Minister, Stef Blok, to the Dutch Parliament.
Philippine President Rodrigo Duterte lifted a ban on oil exploration in the disputed waters of the South China Sea. Energy Secretary Alfonso Cusi looks forward to speeding up negotiations with Beijing on energy cooperation projects. The Philippine government also expects China to allow the Philippines “peacefully” in these waters.
In 2021, it is recommended to continue to pay attention to the safety margin of the leading host of construction machinery. On October 15, data disclosed by the China Construction Machinery Industry Association showed sales of excavators to both domestic and overseas clients surged by nearly 64.8% on year.
The International Monetary Fund (IMF) predicted that global GDP would shrink by 4.4% in 2020, an increase of 0.8 percentage points from its June forecast. This year, China is still the only major economy that the IMF expects to achieve positive growth. Tobias Adrian, head of the IMF’s currency and capital markets department, said this in an interview.
Thais in their tens of thousands on Thursday defied the state of emergency that was imposed just a few hours earlier by the authorities, and took to the streets again to demonstrate for democratic reforms in the Southeast Asian country. After weeks of protests, there was a wave of arrests of leading activists.
Russian scientists, in collaboration with their Chinese colleagues, created one of the most powerful explosives yet discovered. The project was done conjointly between the the Russian Mendeleev University of Chemical Technology and the Beijing Institute of Technology.
A student from the Far Eastern Federal University in Vladivostok, Georgy Budnik, created a device that monitors the condition of a protective mask and tells you when it’s time to change it. The student was part of the Axiom team, which participated in the International Exhibition for Young Inventors 2020 that was held this month.
Russian economist Ivan Smirnov from the Higher School of Economics created an artificial intelligence system that determines a student’s academic performance based on their posts on the social media platforms. Smirnov received a Russian grant to facilitate the project. The result is 94% accurate.
Russian opposition leader Alexei Navalny was poisoned in August. As a result, the future of the Nord Stream 2 natural gas pipeline has been questioned. There is an attempt to simultaneously put pressure on Russia as part of the package of sanctions for the Navalny poisoning and not use these sanctions against Nord stream 2.
Last month, the Russian nuclear powered icebreaker Arktika completed the second stage of sea trials and returned to its homeport of St. Petersburg. The second phase of testing lasted almost three months. It should be noted that the first stage of sea trials took place in December last year.
The Free World believes in democracy. The Free World believes in freedom. Corona virus has crippled the free world. The free world has gone into quarantine. Until comes the vaccine for Corona the future of the free world is to go into quarantine return to normalcy and return to quarantine again. Israel went into quarantine and returned to normalcy only to return again to quarantine. The same is true for the whole world. Quarantine is bondage to the free world much more than to China and communist nations.
Taobao, Tmall, Jingdong, Pinduoduo…Endless competition between different online shopping websites in China has greatly benefited domestic online shoppers. Thanks to competition between couriers, most products can be delivered very fast and free of charge. But all people will not be satisfied. Consumers keep demanding cheaper products. In recent years, a new word, “Yangmao Dang,” has been created to describe people who seek deals on different websites. Yangmao means woolen fleece in Chinese. These deal hunters are like shearers who cut Yangmao off the sheep (in this case, the online shops).
After the poison attack on Kremlin critic Alexei Navalny, the European Union is launching new sanctions on Russia. The foreign ministers of the EU countries agreed on Monday at a meeting in Luxembourg to begin the necessary preparations. In addition to travel restrictions for certain people, these could also include economic sanctions, for example.
At 3 pm on October 20, 2019, 10-year-old Qi called her mother saying that she had just finished her art class and that she was on the way home. It’s a 15-minute walk. At 3:50 pm, with still no sign of her daughter, Mrs.Wang went out to look for her with family members. At around 7 pm, they found Qi in a bush a few hundred meters away from home, covered in blood and pants off.
India’s GDP has just dropped by a whopping 24% in the last quarter, one of the biggest drops globally. The core reason for this significant decline was that India had one of the strictest COVID 19 economic lockdowns in the world.
This greatly and negatively affected the livelihoods of millions of Indians. So what can Indians do to repair their economy and increase lost incomes for their millions of citizens? A study has shown almost all countries need to grow and establish new Global Value Chains (GVC). Almost nothing has been proven better to raise incomes and reduce poverty, while requiring very little government involvement or costs.
Russian company Smart Engines made an announcement via Russian CNews. The company developed new software, called Smart Tomo Engine. This software is developed for the reconstruction of x-ray tomographic images in real time. The software can be applicable in the airport scanning, medical, security, law enforcement and the government agencies.
Russian physicists created an ultra-strong and transparent material for radio waves based on polyethylene and carbon nanotubes. It will protect radar from bad weather impact and even bullets. The achievement is described in a scientific article published in the journal Technical Physics.
Russia SVR made a public statement that Turkey is supporting Azerbaijan in the Nagorno-Karabakh conflict. Turkey’s open and unequivocal support for Azerbaijan is a fundamentally new external factor that affects the nature of the current aggravation of the situation in Nagorno-Karabakh, SVR head Sergey Naryshkin said to Tass.
India’s Supreme Court on Wednesday limited the right to demonstrate in public places therein by ruling that protestors should keep off public places indefinitely. The decision comes after demonstrations in the recent past against the new citizenship law that went on for several months.
Russian opposition politician Alexey Navalny on Wednesday called upon the European Union to impose tough sanctions on key figures in Russian President Vladimir Putin’s government, as well as his inner circle. His proposed sanctions would include entry bans in response to Navalny’s poisoning.
The Japanese Aerospace Exploration Agency (JAXA) announced plans to build a hydrogen fuel plant on the moon. There are no technical data for this project yet. While we can only guess, however, if you look at the history of space research in Japan, we can assume that by 2035 the first fuel station for interplanetary flights will actually work on the moon.
Roscosmos announced on Monday that a contract for the development of the preliminary design of the reusable launch vehicle, Amur, has been signed. The contract is for $82.5 billion (70 billion Roubles). The first launch is scheduled for 2026. The carrier is expected to have a returnable first stage and a single-use second stage, both equipped with methane engines.
The Organization for the Prohibition of Chemical Weapons (OPCW) made an announcement Tuesday to the effect that it had discovered Novichok-like substances thanks to tests it had conducted on Russian opposition politician, Alexei Navalny. He was hospitalized in Berlin after he was allegedly poisoned.
Kyrgyzstan’s controversial parliamentary elections triggered protests, with demonstrators breaking into government buildings. The detained former President, Almazbek Atambayev, has been released from prison. According to the latest news, the Election Commission has now declared the election results invalid.
Last Wednesday, the Turkish Statistical Institute published data pertaining to the nation’s foreign trade. The situation looks troublesome. Turkey has been on the forefront of the news for the past week, regarding President Recep Tayyip Erdoğan’s support of Azerbaijan in the Nagorno-Karabakh conflict.
Here comes about safety reasons while trekking to the Everest base camp. Do you need travel insurance for Everest base camp trek? If yes, why it is essential?
Trekking to the high Himalayan region could be a risk sometimes. Everest base camp trekking trail begins from 2,840m and goes to 5,550m of elevation above sea level. Altitude is the major headache for the trekkers while trekking to the Everest region. The rocky and narrow path also can be a problem sometimes.
Had nothing happened, Lamu would be in the mountains digging up Notopterygium roots, a traditional medical herb in China. Once she’s back at home, she would stream for a while on TikTok to chat with her fans. On September 14, while Lamu was streaming in her kitchen, fans saw a man enter the room before the screen went black.