Thursday , November 28 2024

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Anger as Chinese envoy questions post-Soviet nations

Anger as Chinese envoy questions post-Soviet nations

China’s ambassador to France has sparked anger in eastern Europe and Ukraine while drawing a rebuke from Paris and the EU after questioning the sovereignty of post-Soviet countries. Speaking Friday on France’s LCI news channel, ambassador Lu Shaye suggested countries that emerged after the fall of the Soviet Union “don’t …

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Australia unveils biggest defense reform in decades

Australia unveiled its biggest military shakeup in decades on Monday, refocusing the armed forces on deterring would-be foes far from its shores. Sketching a future in which Australia would have substantially longer-range strike capability, Defense Minister Richard Marles said the decades-old territory-focused strategy was “no longer fit for purpose.” Facing …

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PM urges swift restructure of lender SCB

PM urges swift restructure of lender SCB

Prime Minister Pham Minh Chinh has instructed the State Bank of Vietnam to swiftly draft plans for restructuring weak banks, including the Saigon Joint Stock Commercial Bank (SCB). At a meeting he held with its management on April 22, he said the restructure should be transparent and “prevent loss of …

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