On Wednesday, the U.S. Census Bureau released a preliminary report on data pertaining to wholesale inventory for the month of September. Wholesale inventory in the United States was shown to have decreased by 0.1% in September. This is compared to a 0.3% increase in August, which itself was revised from 0.4%.
Category: Asia Shop The Globe
Asia Shop The Globle
Make Sure Your Smartphone Has Enough Battery Power
So you’ve figured out that you want a phone with a large OLED screen, 8GB RAM, and a minimum 2.0GHz octa-core processor. You’re certain you’ve found the best smartphone under 20,000 INR. However, you should also look at the phone battery. How is your phone supposed to do all those amazing things if it isn’t being fed by something powerful?
Armenia — Pashinyan Continues to Fail in Nagorno-Karabakh
The conflict in Nagorno-Karabakh continues to escalate. Thus far, three ceasefire agreements have been violated. The latest was on this Sunday. Many issues are due to the President of Armenia, Nikol Pashinyan. Yesterday, President Pashinyan fired another high ranking military official.
Is the Russian Vodka War Finally Over?
A district court of The Hague, Netherlands, lifted the seizure of the Stolichnaya and Moskovskaya vodka brands, imposed earlier as part of the proceedings between the Russian Federation and former Yukos shareholders. This is evidenced by the court’s decision published on Tuesday.
Araghchi Arrives in Baku to Present Iranian Peace Plan
Abbas Araghchi, Iran’s Deputy Foreign Minister for Political Affairs and President Hassan Rouhani’s Special Envoy to Baku arrived in the capital of the Republic of Azerbaijan, on Wednesday at the head of a delegation. Araghchi arrived in Baku with a proposed peace plan.
Turkey’s Lira Hits Another Low
Following the Coronavirus epidemic, Turkey’s currency has depreciated by a record amount against the dollar due to Turkey’s dispute with its NATO allies. In a recent speech, Turkish President Recep Tayyip Erdogan forged bitter relations with several other countries, including France and the United States.
Sri Lanka — China Criticizes Pompeo Ahead of Visit
After finishing his visit to India, US Secretary of State Mike Pompeo arrived in Sri Lanka late on the 27th to prepare for the meeting with the country’s president and prime minister on the 28th. The Chinese Embassy in Sri Lanka also issued a statement criticizing Pompeo’s visit before his arrival.
India & Bangladesh Resume Flights in “Air Bubble”
Flights between Bangladesh and India resumed on Wednesday after being closed for more than seven months due to the coronavirus epidemic. Passengers have been told to follow certain instructions to prevent coronavirus infection. The civil aviation and airport authorities have said that these flights have to follow certain rules as well as hygiene.
Afghanistan — Five Dead, Dozens Wounded in Attack in Khost
At least five people were killed and scores others were left nursing injuries in an early morning attack Tuesday on a police special forces base in the southeastern province of Khost in Afghanistan, official sources said. The hours-long attack involved car bombs and a firefight.
Coronavirus Can Infect Stem Cells
Russian scientists have found that the SARS-CoV-2 coronavirus is able to infect stem cells. This makes the pathogen especially dangerous, and distinguishes it from the other viruses, which cause only mild infection. SARS-CoV-2 is not the only coronavirus that can infect humans.
Typhoon Molave Displaces Thousands in the Philippines
Tens of thousands of people have been displaced after a strong typhoon hit the Philippines on Monday. The victims were forced to flee from the raging flood waters. At least 75 people took shelter at evacuation centers. The office of civil defense said that schools and government buildings were turned into evacuation centers so as to accommodate the displaced persons.
Exclusive Q&A Interview Creative Cyber Security Expert Ayush Patel
Q. Who are you?
A. Currently, I am the Founder and CEO of Ayush Security Solutions. With this,. After years of experience, I have gained immense expertise in the field of Cyber Security and Online Reputation Management. My journey started as a script kiddie but after some time I started developing own ethical hacking tools and become certified ethical hacking tool developer.
In China They’re Asking “Is a Full-time Housewife a Waste of Education Resources?”
In 1996, Zhang Guimei applied to transfer herself to teach at a school in a remote village, Huaping, after her husband passed away of cancer. One year later, she was diagnosed with uterine fibroids. Seeing the conditions in which local female students were living, she decided to dedicate the rest of her life to help these girls to “fly out of the mountains and never come back.” In 2008, after years of extreme hard work and with the help of local government, Huaping Female High School (HFHS) was founded, the first free female high school in China.
Muslim Countries Boycott French Goods Over Macron Comments
Dissatisfied with French President Emmanuel Macron’s statement on Muslims and Islam, some Arab countries have begun to boycott French goods. The French Ministry of Foreign Affairs issued an appeal to stop the boycott, and President Macron has also responded.
Chinese Superstar’s Parents Refuse to Pay Debt
On October 17, Zhou Zhennan, leader of a popular Chinese idol boy band R1SE, posted “I really don’t know how to go on” on Weibo, where he has over 18 million followers. In the comments, he added “please stop calling and texting my parents, my family is my limit.” The post trended and people assumed it’s about “Sisheng,” fans who interfere with celebrities’ personal lives, which has been bothering many celebrities in China.
Russia to Build Robotic Mini Shuttle
An announcement pertaining to robotic mini shuttle development was made as part of a presentation of a new 10 year Russian Space Agenda. This includes the creation of a new Russian space station, the lunar program with the new Orel spacecraft, a super-heavy carrier, and other inspiring initiatives.
BOJ May Launch Digital Currency, Officials Say
According to reports, a senior official at the Bank of Japan (BOJ) stated that the move to launch a digital currency depends on public support. He said that although the Bank of Japan has announced that it will start testing digital currencies next year, it still has not made a final decision on this matter.
Putin Claims He Allowed Navalny to Leave for Germany
Russian President Vladimir Putin said Thursday that he personally intervened and okayed the evacuation of Russian opposition politician Alexei Navalny to Germany to be treated, following pleas from his wife after he was allegedly poisoned. Putin spoke via video conference at a discussion forum in Moscow.
Huawei Announces Mate 40 Series Prices
Huawei finally released the new flagship phone of the Mate 40 series. For the first time, it provides four different models at the same time. Now, the prices in Europe are released. The Mate 40 Pro and Mate 40 Pro+ will open an appointment for $15 at Huawei Mall, online authorized e-commerce platforms, and offline authorized retail channels.
Putin Releases Heavy Signals From Oil Market
Russian President Vladimir Putin said on Thursday that Russia does not rule out the possibility of delays in OPEC+ production plans. This latest sign indicates that OPEC may limit crude oil production for a longer period of time as the epidemic once again affects demand.
Iran Tests Bavar-373 SAM System “Successfully”
This week’s air defense exercises in Iran were the “premiere” of a new surface-to-air missile system (SAM). The first samples of the Bavar-373 SAM took part in exercises involving the air defense calculations of the Iranian Ground forces and the Islamic revolutionary Guard Corps (IRGC).
China-Vatican Agreement Renewed
According to Agence France-Presse (AFP), on Thursday, the Vatican and China renewed a secret agreement reached in 2018. Both the United States and the pastors of the Chinese Catholic underground church loyal to Rome warned that the signing of the agreement actually made them even more marginalized.
A Light at the End of the Tunnel for US Wholesale?
The Associated Press reported last week that US wholesale prices jumped 0.4% in September, continuing a three-month trend. This is in contrast to a Reuters report, also from last week, which showed a 0.8% drop in Japanese wholesale prices over the same month.
How to Buy the Cheapest Life Insurance Policy
People often avoid buying life insurance policy without knowing its importance. Many times, they think it’s a waste to time and money, expensive and primarily they don’t need it. However, they don’t understand that life insurance is a single product with multiple benefits starting from life cover, financial security to tax benefits. And life insurance policies are not always expensive also. Everything depends on what form of life insurance policy you are opting. So here are some insights on how to buy cheapest life insurance policy.
IMF: Bangladesh to Overtake India in GDP Per Capita
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.
Hong Kong Slaps Goldman Sachs with Record Fine
The Hong Kong Securities and Futures Commission fined Goldman Sachs (Asia) Co., Ltd. a record $350 million (HK$2.71 billion) on Thursday, saying they made “serious lapses and deficiencies in its management supervisory, risk, compliance and anti-money-laundering controls.”
NYMEX Crude Oil Rebounds From Weekly Low
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.
U.S. Approves $1.8 Billion in Arms Sales to Taiwan
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.
Can Pakistan Global Value Chain Improve Pakistan’s Economic Issues?
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.”
DOJ Hits Google with Antitrust Suit
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 — Politics and Force
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.
Is the EU Allowing Erdogan to Attack?
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 Proposes Defense Cuts
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.
Cathay Pacific to End Dragonair, Sweden Bans Huawei & ZTE
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.
What is the Future of the Eurasian Economic Union?
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.
Russia: North Korean Hackers Attacked Defense Sector
In the spring of this year, the North Korean hacker group Kimsuky conducted several attacks on the Russian military and industrial organizations. Russian publication Kommersant reported this information, which was released on October 19. However, the name of the group is peculiar.
Concerns Over Suicides Among Higher Education Students in China
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.
Japan and Vietnam Agree to Strengthen Defense Ties
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 Fall, OPEC+ Meeting Coming
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.
U.S. Standing Slips in “Asia Power Index”
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.
Thailand: Protests Continue Despite Ban
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 Announces Growth After Coronavirus
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.
A Death Note Reveals Nasty Situations in a Chinese University
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.
China to Stop Buying Australian Cotton
Following reports that China has suspended imports of Australian coal a few days ago, there is now news that China requires cotton mills to stop buying Australian cotton. Reuters reported that this is the latest manifestation of the deterioration of relations between the two countries.
Putin Submits Draft Bill for New Russian Government
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.
MH17 — Tensions Increasing Between Russia and the Netherlands
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.
Philippines Resumes South China Sea Oil Exploration
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.
Excavator Sales in September Increased By More Than 60% This Year
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.
IMF: China’s Economy to Achieve Positive Growth
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.
Thailand — Protesters Defy “Emergency” in Bangkok
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.
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