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After repeatedly churning out disappointing economic data, banks are slashing China’s growth outlook for 2023. Many economists now say the modest 5% growth target China set in March is now at risk, with JPMorgan Chase cutting its estimate to 4.8% and Barclays going down to 4.5%. The world’s second-largest economy cut two key policy rates…
Russia may be at war with Ukraine, but Vladimir Putin is still telling Russian tourists they should go to Crimea for their summer holiday. However, the Kremlin is warning tourists to be mindful of the ongoing war while they travel. After the bridge connecting southern Russia to Crimea was attacked again, tens of thousands of…
Ukraine’s counteroffensive against Russia is entering its third week. The fighting is brutal, but Ukraine is making gains. Ukrainian armed forces say eight villages are now liberated and around 44 square miles of land recaptured, mostly along three lines of attack in the south and east. Ukraine’s incremental gains are coming at a heavy cost,…
Although Ukrainian officials haven’t confirmed that their widely-anticipated counteroffensive against Russia has begun, the Institute for the Study of War (ISW), a Washington, D.C.-based think tank, says Ukraine’s campaign to retake territory has started. In a series of tweets on June 8, the ISW said, “Activity throughout #Ukraine is consistent with a variety of indicators…
What is happening in Bakhmut? Does Russia control it? Does Ukraine? And what about the Russian separatist groups fighting for Ukraine? Did they really liberate Russian-held villages? From the start of the war, finding the truth about what’s happening on the ground in Ukraine has been a struggle. The last few days are no exception.…
According to a study from the Stockholm International Peace Research Institute, the amount of money being spent on militaries around the world reached new heights in 2022. That spending is largely driven by the conflict in Ukraine. Europe saw its highest increase in military spending over the past 30 years, reaching levels unseen since the…
Pornhub is the most popular website in the world. It boasts more than 10 billion visitors every month. For some advertisers, it’s a perfect target demographic: bored individuals who may have too much time on their hands. At least that’s how the Wagner Group sees it. Wagner is the Russian private military company that’s heavily…
Look in the sky! It’s a bird. A dead bird! A dead-bird drone? A team of scientists at New Mexico Tech created a flying “franken-bird.” Well, technically two flying franken-birds. Their synthetic body parts are fused with real pheasant heads and feathers. The mechanical bodies are adorned with pigeon feathers. Dr. Mostafa Hassanalian leads the…
It seems Russia’s much anticipated spring offensive in Ukraine is underway. The Kremlin has yet to fully acknowledge its start, but conditions on the battlefield indicate Russia is trying, in earnest, to gain ground. As expected, most of the fighting is in the industrialized eastern part of Ukraine, an area known as the Donbas. Intelligence…
The Russian invasion of Ukraine is at a standstill. Russian troop losses are approaching 200,000. Dozens of Western tanks are on their way to the Ukrainians. So, naturally, the Russian general in charge of the Ukraine war wants to make sure his troops shave. General Valery Gerasimov is Russia’s top general. He was recently appointed…
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