Riyadh Skyline, Saudi Arabia

Saudi Investment Firm Salic Nears Acquisition of Olam Agri in $4 Billion Deal

In a move signaling Saudi Arabia’s accelerating drive towards agricultural self-sufficiency, the Saudi Agricultural & Livestock Investment Co. (Salic) is closing in on a deal to acquire full control of Olam Agri Holdings. The transaction, valued at approximately $4 billion,...
Xi Jinping-Donald Trump

China Faces Economic Crossroads as Xi Weighs Stimulus Amid Potential Trump Re-election

As China faces a pivotal economic juncture, President Xi Jinping's deliberations on a forthcoming stimulus package are set against a backdrop of global uncertainty, namely the possibility of Donald Trump returning to the White House. Should Trump win the upcoming...
Shahpar-II UCAV

Pakistan’s Shahpar-II UCAV Impresses with Targeted Strikes from 14,000- 0 Feet Altitudes

Pakistan’s government-owned defense enterprise, Global Industrial & Defence Solutions (GIDS), unveiled the latest iteration of its Unmanned Combat Aerial Vehicle (UCAV), the “Shahpar II,” in an impressive live demonstration. Held for high-ranking military officials from 11 allied nations, this event...
South Korean President Yoon Suk Yeol -Canadian Prime Minister Justin Trudeau

South Korean President Yoon and Canadian Prime Minister Trudeau Warn Against North Korean Involvement in Ukraine War

In the Russia-Ukraine war, Canadian Prime Minister Justin Trudeau voiced concerns about North Korean military involvement in the conflict. During a phone call with South Korean President Yoon Suk Yeol, Trudeau suggested that the reported deployment of North Korean troops...
Australia-Russia

Russia Bans 131 Australians Amid Rising Diplomatic Tensions with Canberra, Allegations of ‘Anti-Russian Agenda’

Diplomatic tensions between Moscow and Canberra, Russia announced on Tuesday a travel ban on 131 Australian nationals. Russia’s Ministry of Foreign Affairs stated the decision was in direct retaliation against what it labeled as Australia’s “anti-Russian agenda.” Those affected by...
Electricity

China’s Electricity Demand Surges Amid Record Heatwaves and Economic Stimulus Efforts

China's electricity demand is projected to surge faster than previously anticipated in 2024, spurred by intense summer heatwaves and the economic stimulus initiatives designed to revitalize demand, according to the China Electricity Council’s (CEC) latest quarterly report. The council, which...
Asian Financial Markets

Asian Markets Rise as U.S. Election and Economic Data Loom

Asian markets experienced gains as global investors brace for a crucial week marked by key U.S. economic data releases and the approaching U.S. presidential election. Equities climbed in major markets, including Hong Kong, Tokyo, and Australia, while Chinese markets showed...
Switchblade drone

Switchblade 600 Drone Strikes Russian Tor Air Defense System in Ukraine: Rise of Loitering Munitions in Modern Warfare

In a remarkable display of modern military technology, a recently surfaced video on social media captures the American-made Switchblade 600 loitering munition striking and destroying a Russian Tor mobile air defense missile system in Ukraine. This incident highlights the increasing...
Russian Hypersonic Weapons

Hypersonic Weapons Race: Saudi Arabia Eyes Russia Ties to Accelerate Hypersonic Missile Program

In a significant development for Middle Eastern military dynamics, Saudi Arabia is reportedly accelerating efforts to acquire hypersonic missile technology to keep pace with regional adversary Iran. Recent reports indicate that Saudi officials have initiated discussions with Russia to explore...
prabowo subianto

Indonesia’s New Capital Ambition: Prabowo Subianto’s Vision for Nusantara

As Indonesia gears up for a new era under President-elect Prabowo Subianto, the nation is watching closely to see if the ambitious US$32 billion project to build a new capital city, Nusantara, will stay on track. Initiated by former President...
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