A major fire broke out on a container cargo merchant vessel about 102 nautical miles southwest of Goa, causing explosions on the front part of the ship on Friday evening. The vessel was on a passage from Mundra port in Gujarat to Colombo in Sri Lanka.
Top defence officials from Japan, US and South Korea vowed to boost countries’ trilateral relations and cooperation and achieve peace amid rising security risks from China and North Korea, Nikkei Asia reported.
The 16th edition of the India-Mongolia Joint Military Exercise, Nomadic Elephant 2024, concluded on Tuesday, and the two sides engaged in a meaningful dialogue about future joint operations, symbolising the deepened ties and mutual respect cultivated throughout the exercise.
China’s economy grew much slower than expected in the second quarter as a protracted property downturn and job insecurity knocked the wind out of a fragile recovery, keeping alive expectations Beijing will need to unleash even more stimulus.
China and NATO are trying to deepen cooperation with ‘like-minded’ countries in the Indo-Pacific and Europe, which several analysts see as part of growing competition between the United States and China, Voice of America (VOA) reported.
As China’s economic growth slows and its financial system shows signs of strain, the country’s banking sector emerges as a potential flashpoint that could threaten not only domestic stability but also global economic health.
President Joe Biden signed the Promoting a Resolution to the Tibet-China Dispute Act [read his message here], popularly known as the Resolve Tibet Act, earlier today. The law states that it is American policy that the Tibet issue must be resolved in accordance with international law by peaceful means, through dialogue without preconditions.
Both Trump and Biden imposed high tariffs on imported products made in China and other countries. Those impositions broke with and departed from the previous half century’s policies favoring ’’free trade’’ (less or minimal government intervention in international markets).
China’s consumer prices grew for a fifth month in June but missed expectations, while producer price deflation persisted, with domestic demand mired on a slow recovery track despite support measures for the world’s second-largest economy.
Prime Minister Narendra Modi during his official visit to Austria invited Austrian companies to invest in India, to strengthen the economic ties between the two nations, according to the Ministry of External Affairs, reported ANI.
Sri Lanka’s tourist arrivals surpass 2 million in 2024
Auction yields slump for third consecutive week
Moody’s raises Sri Lanka’s rating
ASPI crosses the 15,000 mark for the first time
Fight against mosquito breeding on Global Pandemic Preparedness Day
Manmohan Singh’s demise a loss for Sri Lanka as well: RW
NASA declares spacecraft ‘safe’ after record-breaking Sun approach