About a third of the world’s economy is going to be in recession this year, the IMF head warns. The news has arrived with major events taking place in the last few years. The head of the International Monetary Fund, Kristalina Georgieva predicted a tough year for the entire world as the world’s major economies spiral down.
Chinese Naval ships were seen sailing close to the United States’ territory of Guam. The People’s Liberation Army naval aircraft carrier sailed close to the United States’ Island. Guam has strategic U.S. naval and air force bases in the Pacific Ocean.
China is currently facing one of the most severe covid outbreaks in the last four years. With Chinese reports mentioning only a few covid deaths in the last few days, a new report has mentioned that China is probably facing 5000 covid related deaths in a day. The new report has contradicted the Chinese estimates by a huge margin.
The tension in the China sea has been extremely dangerous in recent years. With North Korea testing its long-range ballistic missiles to the volatile behaviour of China in the East China sea, the neighbours are expecting a provocation. Recently China has sent warships into the pacific threatening Japan’s territorial integrity.
Indian and Chinese forces engaged in a physical scuffle near the Himalayan border between the countries, the first confirmed incident involving the two nuclear-armed Asian nations in almost two years. The clash between two neighbouring countries in the Tawang region of Arunachal Pradesh resulted in minor injuries on both sides.
Chinese president, Xi Jinping, is on a 3-day visit to the Middle East which is the first visit since 2016. During Xi’s visit, he called upon its Arab friends that China seeks to purchase oil and gas in yuan, a move that would help Beijing’s goal of internationalizing its currency and decrease the influence of the U.S. dollar on global trade.
China is in the midst of chaos as the country’s leadership is facing a serious challenge from the protests that erupted all across the country in recent days. People all across several provinces called for freedom and called for an end to strict covid measures.
The Chinese Academy of Sciences recently published an image of the sun in a unique fashion. There has never been such imaging of the sun before this. It released a very interesting Hard X-ray Image of the biggest star of our solar system. The instrument used is called HXI or Hard X-ray Imager.
China is advancing forward like no other country on the planet. The aim of it is to set up lunar research centers by 2028. China will establish a lunar research station, eight years earlier than anticipated. The landing mission included running scientific tests like 3D printing lunar dust, followed by others in near future.
Republicans wins in congress as a result of the midterm elections is projected to constrain US president Joe Biden in his ability to conduct foreign policy.
Advisors to the Biden administration opened back-channel communications with a senior Chinese diplomat, after Pelosi’s visit to Taiwan in August, reports the Wall Street Journal. Beijing widely cut communication to the US and both sides were looking for reengament.
The heads of the two largest global powers, US President Joe Biden and Chinese President Xi Jinping met on Monday in Indonesia as the G20 Meeting takes place in Bali
