China is the world’s leading producer of rare minerals like gallium and germanium, essential for producing semiconductors. However, according to a report by China’s Customs Administration, exports of the two minerals from China to other countries fell to zero in August.
The European Union (EU) has expressed solidarity with the Armenians of Nagorno-Karabakh in light of the recent conflict between Azerbaijan and Armenia. These people have become increasingly isolated within the past month as the Lachin Corridor has been blocked. The EU is condemning Azerbaijan's military operations and urging them to take responsibility for the rights and safety of Karabakh Armenians.
Tesla, the renowned American-based electric car manufacturer, is all set to source components worth $1.7 to $1.9 billion from India. In a recent press conference, India’s Union Trade Minister Piyush Goyal confirmed this news.
The recent escalation of violence between Armenia and Azerbaijan over the Nagorno-Karabakh region has caused much concern. Turkey, a close ally of Azerbaijan, has made it clear that it would go to war with Iran if it intervened against an Azerbaijani invasion of Armenia.
On Monday, North Korea announced that it had successfully built a nuclear-powered submarine capable of carrying and launching ballistic missiles. The announcement by the Korean Central News Agency said that the sub is equipped with “a powerful nuclear attack capability.”
The North Korean military has been taking an innovative approach to modernizing its air force. Despite its limited budget, the country has managed to repurpose ageing fighter jets as kamikaze drones. This tactic could potentially be used to launch devastatingly effective attacks on South Korea and the United States.
Iraq's oil minister, Hayan Abdel-Ghani, is in Turkey this week to discuss the resumption of northern oil exports from Iraq. The talks are part of ongoing efforts to normalise relations between the two countries and resume Iraq's oil exports from the north of the pipeline, suspended since 2014.