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Russia mounts wargames on Nato border as Belarus seeks weapons

Bloomberg Russia is mobilising as many as 200,000 troops in wargames with Belarus, including thousands along their borders with the North Atlantic Treaty Organisation (Nato), as Moscow tightens military links with its isolated ally. Citing what he called “unending hybrid aggression from the West towards Belarus and Russia,” Belarusian President Alexander Lukashenko told troops at the Zapad-2021 wargames that “we ...

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China urges US to mend ties as Biden weighs trade probe

Bloomberg China urged the US to take steps to repair damaged ties between the two countries, as the Biden administration weighs a new investigation into Chinese industrial subsidies. Foreign Ministry spokesman Zhao Lijian called on the US to uphold the spirit of the telephone conversation last week between President Joe Biden and Xi Jinping. Zhao was responding to a question ...

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World’s shippers are earning the most money since 2008

Bloomberg The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of Covid-19 drives freight prices ever higher. Whether it’s giant container ships stacked high with of 40-foot steel boxes, bulk carriers whose cavernous holds house thousands of tons of coal, ...

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