As reported, Gazprom CEO Alexei Miller said the companies agreed to raise supplies through the Power of Siberia pipeline from 38 billion cubic meters (bcm) per year to 44 bcm per year.
The potential rise of SCO-linked financing for infrastructure and energy projects could indirectly affect the region’s balance of power, shaping the options available to smaller states caught between Western institutions and Chinese-backed alternatives
Beijing rejected calls to join Washington and Moscow in nuclear arms talks, stressing its smaller arsenal, defensive doctrine, and refusal to enter an arms race
Over five years, Chinese customs checked millions at borders, detecting 180,000 cases and maintaining strict disease controls reminiscent of the zero-COVID era
Once reliant on imports, China is rapidly expanding olive cultivation and brands, raising concerns that Greek olive oil could lose ground in one of the world’s fastest-growing markets
The extension delays triple-digit tariffs on goods between the world’s two largest economies, easing market tensions and giving more time for trade talks before the holiday season
The virus has already appeared in European countries such as Italy and France, as well as in the United States, Asia, and Africa. Vaccines are available in the U.S., but in Cyprus, treatment focuses on symptom management in consultation with healthcare providers
“The current challenges facing Europe do not come from China,” Chinese President Xi Jinping said, urging European leaders to “refrain from using restrictive economic and trade tools.”
Australian, Japanese and U.S. troops expand joint training as Beijing flexes its military power
The U.S. continues to reinforce its military footprint across Asia, maintaining tens of thousands of troops in Japan and South Korea. On the American territory of Guam, the U.S. military has strengthened its presence by building a new base to house 5,000 Marines
The final ruling marks a significant development in the growing trade dispute, with China signaling a firm stance on retaliatory tariffs affecting European luxury goods
This successful crossing not only supports theories of early human migration through maritime routes but also pays homage to the resilience and innovation of Paleolithic peoples
Power of Siberia 2 project has been stalled for years, but Beijing is concerned about reliability of oil and gas from Middle East
Chinese refineries have become hooked on cheap imports of sanctioned Iranian crude
Dreaming of glimpsing the Dalai Lama, a taboo figure for Beijing, a Buddhist monk embarks on a dangerous journey
As tensions rise once more, global markets are left watching closely whether the two economic giants can salvage the truce or spiral further into trade conflict.
The U.S. will lower tariffs on Chinese goods from as high as 145% to 30%, while China will reduce its tariffs on American imports from 125% to 10%.
In a Truth Social post on Friday, Trump wrote, “80% Tariff on China seems right! Up to Scott B,” referring to Treasury Secretary Scott Bessent, who is leading the U.S. delegation at the talks in Switzerland.
As both sides prepare for this weekend’s high-stakes diplomacy in Switzerland, world markets and international observers are watching closely, hoping for a breakthrough in a trade war that has cast a long shadow over the global economy
What is at stake as economic ties careen off the rails is overall global security and economic stability for years to come