China has begun drawing on its commercial oil stocks to counter the shortage caused by the war in Iran. The country’s biggest buyer of petroleum is also cutting refinery output and limiting fuel exports to keep the situation stable. Experts estimate that China will pull about one million barrels
China has spent decades building a powerful weapons industry. The country now appears in the top five worldwide when it comes to selling military gear, according to a respected global tracker. Yet the real story is more nuanced than those numbers suggest. A key problem is that China’s armaments hav
Indonesia’s parliament has approved new rules that let police officers take jobs in government ministries. The change follows a similar update to the military law that last year opened more civilian posts for soldiers. The move is part of President Prabowo Subianto’s plan to use security force
China’s President Xi Jinping is heading to North Korea this week for talks with Kim Jong Un, marking his first visit in seven years. According to North Korea’s official newspaper, Xi plans to strengthen ties between the two countries and push back against what he calls "hegemony" and military threat
China rolled out a national price‑cut program for drugs in 2016 to make cancer treatments cheaper and easier to get. The plan has helped more people buy life‑saving medicines, but it is not working equally across the country. In a recent study researchers looked at how well patients in different
Brazilian airline Azul has decided to reduce its flight schedules further as fuel prices stay high because of persistent world conflicts. The company's leaders believe flying fewer times makes better financial sense now than keeping the same schedule. Earlier this year, Azul already trimmed some rou
Indonesia’s leaders are scrambling after the rupiah hit record lows and local stocks tanked faster than anywhere else last week. The finance team and central bank aren’t just watching—they’re rolling out a plan to stop the slide. On Saturday, officials laid out two big moves: make sure there’s enoug
Indonesia’s finance chief says investors are still confident, even as the currency and shares fall. He highlighted that government bonds attracted money in the first half of the year, showing steady demand for debt. The minister noted that during June’s early weeks, buyers poured funds into the n
China has pulled back on buying crude oil, with imports falling to a decade‑old low in May. The drop is driven by weak global demand, fewer refinery runs, and the country’s ability to tap into its large stockpiles. Because many refineries are running at lower capacity, China does not need to buy as
Russian President Vladimir Putin recently spoke to news editors in St. Petersburg, making a few surprising remarks about the war in Ukraine. He suggested that Russia could both keep fighting and still be open to a peace deal at the same time. "One doesn't rule out the other, " he said, explaining th
