UK facing ‘economic collapse’ after imposing crippling Russian sanctions, warns Tory MP
THE UK is facing the possibility of "economic collapse" as a result of Western sanctions against Russia following its invasion of Ukraine.
By SEAN MELEADY
01:32, Tue, Mar 8, 2022
Sir Alan Duncan, deputy at...
US Navy Uses ‘Chinese Expertise’ To Retrieve The Wreckage Of F-35C Stealth Fighter Jet From Contested Maritime Region
BySakshi Tiwari
March 8, 2022
The US’ ‘top fighter’ F-35 stealth jet has suffered a series of unusual crashes, raising questions about America’s most advanced combat jet. In...
Unprecedently, once in a life time opportunity for Chinese cars, cellphones, computers, sportswears, internet equipments...in the massive Russian domestic market
Chinese automakers are likely to benefit as rivals exit Russia
Russia's invasion of Ukraine could boost Chinese automakers as Western rivals quit the market.
Russia has become an important market for Chinese brands including Chery. The Chery Jetour X70 Plus SUV is pictured.
March 08, 2022...
Germany Says It Won't Stop Buying Russian Energy Despite Moscow’s War in Ukraine
By Bojan Pancevski
March. 8 2022
Germany will continue to buy natural gas, oil and coal from Russia despite Vladimir Putin’s aggression against Ukraine, the government in Berlin said Monday.
Germany and Europe are...
The US Navy used a Chinese-built ship to haul a crashed F-35 stealth jet out of the South China Sea
Published: 7:24pm, 7 Mar, 2022
US sailors transport equipment onto the US Navy-contracted diving support vessel (DSCV) Picasso to support recovery of the F-35C that crashed in the South China...
The China-built ship that pulled a US Navy F-35C fighter jet wreck from the South China Sea
The crashed stealth plane was brought to the surface using a specialist vessel constructed by a Chinese state firm
The use of the maritime technology shows the need for US-China cooperation, analyst says...
Chinese Yuan at the precipice to becoming an alternative Global Reserve Currency
March 6, 2022 Mario Lotmore
Today, Russian banks announced a plan to issue credit cards using China’s UnionPay system after Visa and Mastercard moved to suspend operations in Russia over Moscow’s military...
China's yuan surges to record-high versus major peers amid Ukraine crisis
07 Mar 2022 10:11AM
BEIJING : China's yuan rose to an all-time high versus its major trading peers on Monday as currency markets come to grips with the volatile situation around the Ukraine crisis.
Prior to market...
China, Russia trade hits highest growth in 12 years amid Ukraine crisis after rising almost 40 per cent
Published: 2:09pm, 7 Mar, 2022
China, Russia trade hits highest growth in 12 years amid Ukraine crisis after rising almost 40 per cent
Bilateral trade between China and Russia rose by 38.5...
China says Moscow relations solid, accuses U.S. of building 'Pacific NATO'
Foreign minister Wang Yi repeats calls for dialogue to end Ukraine war
March 7, 2022 17:40 JST
Chinese Foreign Minister Wang Yi speaks about the Ukraine war during an annual address on the sidelines of China's...
China could become the world’s largest economy much sooner than expected
MARCH 7, 2022
There was always an argument that the existing world order cannot change, because only a momentous war has done that in the past and world wars have become impossible. But in pandemics and soon in climate...
Several Russian banks to start issuing cards using Chinese UnionPay
REUTERS
Sun Mar 6, 2022 04:18 PM
Several Russian banks said on Sunday they would soon start issuing cards using the Chinese UnionPay card operator's system coupled with Russia's own Mir network, after Visa and MasterCard said...
Trump says US should put ‘Chinese flag on jets and bomb Russia'
Donald Trump said Biden should stop saying US will not attack Russia. “At what point do countries say, 'No, we can't take this massive crime against humanity?' We can't let it happen. We can't let it continue to happen,” Trump said...
Saudi-Chinese pact to build drone factory in Kingdom
March 06, 2022
Saudi Gazette report
RIYADH — Saudi Arabia and China signed on Saturday an agreement to build military drones locally in the Kingdom. This is part of the Kingdom’s move to localize the field of military industries and make it...
Russian banks may issue cards with China's UnionPay as Visa, Mastercard cut links
Reuters
March 6, 20229:10 PM GMT+8
LONDON, March 6 (Reuters) - Credit cards issued by Russian banks using the Visa and Mastercard payment systems will stop functioning overseas after March 9, Russia's central...