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Mainland tech rallies while Hong Kong wilts

Mainland tech rallies while Hong Kong wilts
Mainland tech rallies while Hong Kong wilts

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PACIFIC

Stagflation starts to squeeze profit margins

Stagflation starts to squeeze profit margins
Stagflation starts to squeeze profit margins

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The post Stagflation starts to squeeze profit margins appeared first on Asia Times.

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Inflation fears crash US stock market

Inflation fears crash US stock market
Inflation fears crash US stock market

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Russia to reveal ‘mystery plane’ at MAKS 2021

Russia to reveal ‘mystery plane’ at MAKS 2021
Russia to reveal ‘mystery plane’ at MAKS 2021

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After months of speculation, that something top secret and special was happening at Russia’s United Aircraft Corporation, the countdown has begun.

UAC, part of the Russian state corporation Rostec, has teased the reveal of a new fighter jet on July 20, 2021, on the first day of the MAKS 2021 International Aviation and Space Salon in Zhukovsky, Aerotime Hub reported.

The upcoming aircraft, dubbed “Checkmate,” could be a light fighter jet “with a supersonic speed capability and low radar signature,” a source told Russian news agency TASS.

And according to a newly released trailer (attached below), this aircraft could be mainly oriented towards export.

“Russia is one of the few countries in the world with full-cycle capacities for producing advanced aircraft systems, as well as a recognized trendsetter in the creation of combat aircraft,” a Rostec spokesman commented.

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Tech giants give vaccines to Taiwan, sidestep China

Tech giants give vaccines to Taiwan, sidestep China
Tech giants give vaccines to Taiwan, sidestep China

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Taiwanese tech giants Foxconn and Taiwan Semiconductor Manufacturing Company announced Monday they will each donate five million coronavirus vaccine doses to the government in a deal with a China-based distributor. Taipei has been struggling to secure enough vaccines for its population and its precarious political status has been a major stumbling block. As Taipei and […]

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Say hello to the diplo-Taliban

Say hello to the diplo-Taliban
Say hello to the diplo-Taliban

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A very important meeting took place in Moscow last week, virtually hush-hush. Nikolai Patrushev, secretary of the Russian Security Council, received Hamdullah Mohib, Afghanistan’s national security adviser. There were no substantial leaks. A bland statement pointed to the obvious: They “focused on the security situation in Afghanistan during the pullout of Western military contingencies and […]

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Biden says Kabul’s fall to Taliban ‘not inevitable’

Biden says Kabul’s fall to Taliban ‘not inevitable’
Biden says Kabul’s fall to Taliban ‘not inevitable’

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President Joe Biden on Thursday defended the withdrawal of US troops from Afghanistan, saying it was “not inevitable” that the country would fall to the emboldened Taliban, and confirmed the US exit would be completed by August 31. But he also admitted that, nearly 20 years after American forces toppled the Taliban regime in the […]

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