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China increases military spending in face of 'escalating' threats Beijing (AFP) March 5, 2023 China said Sunday its military spending would rise at the fastest pace in four years, warning of "escalating" threats from abroad at a meeting of its rubber-stamp parliament that will hand Xi Jinping a third term as president. The increase in the world's second-largest defence budget came as Beijing announced an economic growth goal of around five percent for this year - one of its lowest in decades. The country's planned budgets for the year put defence spending at 1.55 trillion yuan ($225 bil ... read more |
How China has ramped up its defense capabilities Beijing (AFP) March 5, 2023 China has the world's largest standing army and navy, with Beijing announcing on Sunday the biggest increase to its military budget since 2019. ... more Tehran (AFP) March 4, 2023 UN nuclear watchdog chief Rafael Grossi said Saturday he had "constructive" talks with Iranian officials in Tehran after the discovery of uranium particles enriched to near weapons-grade level. ... more Seoul (AFP) March 5, 2023 North Korea's foreign ministry called on the United Nations to urge a halt to joint military drills by Seoul and Washington, state media reported Sunday. ... more Vienna (AFP) March 4, 2023 Iran has agreed to reconnect surveillance cameras at several nuclear sites and increase the pace of inspections, the head of the International Atomic Energy Agency said on Saturday. ... more |
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Airbus wins contract from Angola for Earth observation satellite Angeo-1 Toulouse, France (SPX) Mar 06, 2023 As part of French President Emmanuel Macron's visit, Airbus Defence and Space has announced an agreement for Angeo-1, the first very high performance Angolan Earth observation satellite, to be manuf ... more Boston MA (SPX) Mar 01, 2023 When Liu He, a Chinese economist, politician, and "chip czar," was tapped to lead the charge in a chipmaking arms race with the United States, his message lingered in the air, leaving behind a dewy ... more Geneva (AFP) March 3, 2023 Berlin has requested that German arms manufacturer Rheinmetall be permitted to acquire old Swiss Leopard tanks, guaranteeing they will not be transferred to Ukraine, the Swiss defence ministry said Friday. ... more Beijing (AFP) March 2, 2023 China is pumping $1.9 billion into its top memory chipmaker, according to media reports, as US restrictions on semiconductor exports threaten Beijing's tech ambitions. ... more |
China's rubber-stamp parliament to begin meetings, hand Xi third term Beijing (AFP) March 4, 2023 China's rubber-stamp parliament kicks off nine days of meetings Sunday, with lawmakers set to hand Xi Jinping a third term as president as well as unveil fresh growth targets and an increase in defence spending. ... more Moscow (AFP) March 5, 2023 Russia's defence minister has inspected troops in frontline regions in eastern Ukraine, after the United States offered more support to Kyiv whose forces are struggling in Bakhmut. ... more Washington (AFP) March 2, 2023 Chasing Microsoft, global tech giants have rolled out announcements on how they will implement ChatGPT-like artificial intelligence into their world leading platforms and applications, with YouTube the latest to present plans. ... more Washington (AFP) March 3, 2023 German Chancellor Olaf Scholz is due at the White House on Friday for talks with President Joe Biden on charting the way ahead in their support for Ukraine, after friction over tank deliveries to Kyiv. ... more |
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