Russia has secret war drones project in China, intel sources say in Reuters report

Russia has secret war drones project in China, intel sources say in Reuters report

Flags of the People’s Republic of China and the Russian Federation Manuel Augusto Moreno | Moment | Getty Images Russia has established a weapons program in China to develop and produce long-range attack drones for use in the war against Ukraine, according to two sources from a European intelligence agency and documents reviewed by Reuters. IEMZ Kupol, a subsidiary of Russian state-owned arms company Almaz-Antey, has developed and flight-tested … Read more

China should give more money directly to consumers

China should give more money directly to consumers

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Albert Park, Chief Economist at the Asian Development Bank, believes the recent China government stimulus is a welcome step in right direction, but that it’s not enough to lead to a sustained improvement in sentiment or economic growth. Source link

Australia’s inflation rate has come within its target range, but rate cuts likely won’t come anytime soon

Australia’s inflation rate has come within its target range, but rate cuts likely won’t come anytime soon

SYDNEY, AUSTRALIA – SEPTEMBER 05: A person looking at milk products in a supermarket on September 05, 2024 in Sydney, Australia. Australia is currently facing a severe cost of living crisis, with rising prices for essentials like food, housing, and utilities significantly outpacing wage growth, leaving many households struggling to make ends meet. James Gourley … Read more