[ ABC News ] Why World Bank is under fire over set of rankings

World Bank has long been accused of using sloppy methodology and of succumbing to political pressure in producing the rankings. This week, the bank dropped the report after investigators had reviewed internal complaints about “data irregularities’’ in the 2018 and 2020 editions of “Doing Business” and possible “ethical matters” involving World Bank staff members. In…

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[ Sky News ] China says AUKUS submarine deal ‘highly irresponsible’ and ‘intensifies the arms race’

In Beijing, Chinese Foreign Ministry spokesman Zhao Lijian condemned the move and said: “The US, the UK and Australia’s cooperation in nuclear submarines severely damages regional peace and stability, intensifies the arms race, and jeopardises the international efforts in promoting the non-proliferation of nuclear weapons. “The US and UK’s action of exporting highly sensitive nuclear…

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AUKUS trilateral security partnership is now a thing

Australia, United Kingdom and the United States announces on 15 September 2021 at the White House, that the 3 countries will now form a new trilateral security partnership called AUKUS. The partnership will allow scientists, industries and defense forces from the 3 countries to work together. The cooperation will include cyber technologies, artificial intelligence, quantum…

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Guinea coup: China’s bauxite conundrum?

According to worldatlas.com, Guinea is the 4th biggest exporter of bauxite, an alumnium ore. With 19.3 million metric tons produced annually, Guinea is also reputed to be the largest bauxite deposits in the world. (these numbers from worldatlas.com are outdated by the way ; but included for now just for context) With the economic warfare…

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[ The Straits Times ]Taiwan scrambles jets after 19 Chinese planes enter air defence zone

Taiwan’s air force scrambled on Sunday (Sept 5), with its defence ministry reporting that 19 Chinese aircraft, including nuclear-capable bombers, had flown into the nation’s air defence identification zone. The latest Chinese mission involved 10 J-16 and four Su-30 fighters as well as four H-6 bombers, which can carry nuclear weapons, and an anti-submarine plane, Taiwan’s…

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[ WSJ ] China Plans to Ban U.S. IPOs for Data-Heavy Tech Firms

China plans to propose new rules that would ban companies with large amounts of sensitive consumer data from going public in the U.S., people familiar with the matter said, a move that is likely to thwart the ambitions of the country’s tech firms to list abroad. In recent weeks, officials from China’s stock regulator have told…

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