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India prepares to build a third aircraft carrier
India is set to add a third aircraft carrier worth $5B to its fleet, with its Defense Acquisition Council likely to clear the deal on Friday, according to Bloomberg.
China’s shadow financial system is creaking under increasing amounts of bad debt
Chinese authorities have launched a criminal investigation into Zhongzhi Enterprise Group, one of the country’s biggest shadow lenders, days after it told investors it was “severely insolvent”. The firm blamed “internal management [running] wild” for its problems, which is one of the rarer corporate excuses you’re ever likely to hear.
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Top Briefings
Court forces Panama to shut a key copper mine
Panama’s Supreme Court ruled unanimously (🇵🇦) on Tuesday that the law behind the country’s vast Cobre Panama copper mine was “unconstitutional”.
India prepares to build a third aircraft carrier
India is set to add a third aircraft carrier worth $5B to its fleet, with its Defense Acquisition Council likely to clear the deal on Friday, according to Bloomberg.
China’s shadow financial system is creaking under increasing amounts of bad debt
Chinese authorities have launched a criminal investigation into Zhongzhi Enterprise Group, one of the country’s biggest shadow lenders, days after it told investors it was “severely insolvent”. The firm blamed “internal management [running] wild” for its problems, which is one of the rarer corporate excuses you’re ever likely to hear.
BBC report alleges COP28 host UAE used host status to source oil and gas deals
Documents leaked to the Centre for Climate Reporting suggest UAE officials have sought to leverage their COP28 host country status to push for oil and gas deals, just as the UAE kicks off the COP28 climate talks in Dubai this Thursday.
