President Volodymyr Zelensky urged China to use its influence over North Korea to prevent the deployment of North Korean soldiers to the frontline, during his evening address on Dec. 27. He emphasized the severe losses in Kursk Oblast that North Korean soldiers have faced thus far. “They have many losses. Very many. And we see […]
Imports of Russian crude oil to China reached a record high in 2024, rising by 1% compared to 2023, Reuters reported on Jan. 20. The Russian fossil fuel industry is the primary economic driver of Moscow's full-scale war against Ukraine. Despite sanctions and Ukrainian strikes on Russian oil production, China, the world's largest crude oil […]
Video Summary Here is a summary of the article: The Chinese economy is facing a significant slowdown, with the country’s growth rate expected to fall short of its 5% target for 2024. The Chinese Central Bank has introduced a stimulus package to try to boost the economy, targeting banks and the property sector. The package […]
Video Summary The article discusses the current state of the Chinese economy and its future prospects. The Chinese Central Bank has recently cut the key lending rate by 10 basis points, a move signifying an attempt to stimulate the economy. This move is seen as positive, as it will help to increase borrowing and spending. […]
Video Summary Russia’s economy is facing significant challenges, particularly in the labor market. The country has been struggling with a declining population since the breakdown of the Soviet Union, leading to a shortage of workers. This issue is exacerbated by a lack of birth rates, with a high number of females and a lower number […]