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Jun 13 2026FINANCE

Nuclear power gear in India gets past taxes backdated

India just made a rule change that could save nuclear plants money on old purchases. The finance ministry decided to cancel customs taxes on parts bought between April 2019 and January 2026 for building or running nuclear reactors. This decision surprises some because it works backwards—covering bil

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Jun 12 2026WEATHER

Flood Warning Hits China’s Desert: Why It Matters

China’s northwestern desert has been told to brace for big floods this summer. The warning comes after the Taklamakan Desert, the country’s largest sandy area, saw its first flood of the year in early June. Video shows water pouring over dunes that usually stay dry. Heat is a major culprit. In m

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Jun 10 2026BUSINESS

China Uses Oil Reserves to Smooth Out Supply Gap

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

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Jun 09 2026POLITICS

China’s Arms Game: Strong Sales, Weak Reach

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

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Jun 08 2026SPORTS

Iran's Soccer Team Faces Challenges Before World Cup Matches

Iran's soccer team landed in Tijuana, Mexico, early on Sunday morning after flying overnight from Turkey. The team chose Mexico for their base camp instead of Arizona, the U. S. , due to ongoing tensions between Iran and the U. S. This shift highlights the complex political situation surrounding the

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Jun 08 2026POLITICS

China and North Korea: A Visit with Big Global Implications

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

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Jun 07 2026HEALTH

Access to Cancer Medicines in China: A Regional Snapshot

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

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Jun 06 2026SPORTS

Iran soccer team gets last-minute US entry for World Cup

Iran’s soccer players will finally arrive in North America for the World Cup after visa issues dragged on for weeks. Officials confirmed Friday that U. S. entry papers were processed overnight, just days before the team’s opener in Los Angeles. The sudden approval comes after Iran moved its base fro

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Jun 05 2026BUSINESS

China’s Oil Demand Drops to a 10‑Year Low

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

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Jun 04 2026BUSINESS

India and Venezuela Strengthen Oil Ties Amid Middle East Turmoil

India has stepped up its cooperation with Venezuela in the energy sector, seeing Caracas as a key partner while global oil flows are hit by tensions in the Middle East. During a visit that began on June 4, Venezuela’s interim President Delcy Rodriguez arrived in New Delhi with a sizable delegatio

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