Russia

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Can China’s yuan, now a familiar face around the world, become a must-have currency?

China’s growing economic influence and trade with the rest of the world has made the yuan more acceptable to foreign…

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Is China’s barter trade experiment working as sanctions risk grows?

They can also reduce the visibility that Western regulators have over their bilateral transactions, while also limiting currency risks. In…

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Evans defeats Khachanov after longest match in US Open history

NEW YORK: Britain’s Dan Evans defeated Russia’s Karen Khachanov 6-7(6) 7-6(2) 7-6(4) 4-6 6-4 in the longest US Open match…

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Opinion | Post-pandemic global supply chain turmoil might still ruin Christmas

The disruption compounds supply chain challenges worldwide that have, since Covid-19, dramatically raised freight rates, forced changes in supply routes,…

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Tech

Telegram messaging app CEO Pavel Durov arrested in France, news reports say

Pavel Durov, billionaire founder and CEO of the Telegram messaging app, was arrested at the Bourget airport outside Paris on…

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China’s yuan hits internationalisation landmark with record share of global payments

Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use…

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China’s oil demand dips, ticks down as economic ebb eases fuel imports

It also cut crude oil imports from Saudi Arabia, its second-biggest supplier, by 6.5 per cent over the two months.…

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Russia declares federal emergency in Belgorod near Kursk

MOSCOW: The Russian authorities declared on Thursday a state of federal emergency in the Belgorod region amid the fighting with…

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China, Russia could skirt US sanctions with barter-trade deals that ‘break with tradition’

Some local governments in China have been leading discussions and making plans to begin barter trades with Russia amid media…

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Tech

Opinion | AI companies must pay attention to national security needs

While Russian, Chinese and Iranian drones are easy to destroy using existing Western systems, the costs are prohibitive. This unsustainable…

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