Russia’s Central Bank signaled a high likelihood of raising its key interest rate next month as the country’s rumbling war economy continues to drive inflation far above target levels, according to a new summary of policymakers’ meeting in October. Late last month, the regulator hiked its key rate to a record-high 21%, taking it even further than the emergency rate of 20% […]
The UN’s COP29 climate conference opened Monday in Azerbaijan under the specter of geopolitical conflicts in Gaza and Ukraine. Russian Prime Minister Mikhail Mishustin is leading the Russian delegation at the UN conference, expected to include nearly 50 representatives from Russian ministries of economic development, finance, agriculture and business, Interfax reported. Among Russia’s COP29 delegates […]
At a glance, the 16th BRICS summit did not create the anti-Western conclave President Vladimir Putin desired. The final declaration and much of the public discussion were principally dedicated to a raft of financial measures, presented as means to facilitate international trade and development: reform of the United Nations and Bretton Woods institutions, and a […]
China’s tennis ace Zheng Qinwen finished her maiden WTA Finals campaign as the runner-up after being defeated by Coco Gauff of the US 6-3, 4-6, 6-7 in the final. But the second-place finish is already an inspiring one, as it marks only Zheng’s debut in the WTA year-ending championship. Before the final, Zheng’s sole loss […]
The world’s first electric running humanoid robot “Tiangong” went open source on Monday, a move that is expected to facilitate secondary development of humanoid robots and accelerate robots’ integration into human life. Developed by Beijing-based National and Local Co-built Embodied AI Robotics Innovation Center, Tiangong is claimed to be the first full-sized humanoid robot driven […]
A Y-20A transport aircraft opened its cabin for public tours on Tuesday at Airshow China 2024 in Zhuhai, South China’s Guangdong Province. A Global Times reporter found that the cabin is clean, bright, and with spacious interior. During personnel transport missions, the cabin can even convert into a double-decker layout. The Y-20 debuted on November […]
China’s lunar spacesuit made its first public appearance on Saturday at a forum in Chongqing. The suit features a powerful yet elegant appearance, and embodies the resilience and pioneering spirit of the Chinese people, according to media reports. The unveiling marks a significant milestone in the country’s lunar exploration efforts and reflects the advancement of […]
CATL’s new Tianxing-B (Tectrans B) battery has been developed specifically for electric buses. It has an energy density of 175 Wh/kg, which is the highest energy density in the bus industry, company claims. Battery service life is 15 years, and 1.5 million kilometers (930,000 miles). Contemporary Amperex Technology (CATL) revealed the new battery during the online […]
Imagine a world where you can control devices freely, simply by thinking about what you want to do. A new collaboration between the East China University of Science and Technology (ECUST) and Chinese tech giant Baidu has developed an innovative approach that makes this dream a step closer. The developing team integrates brain-language output systems […]
China and Russia on Tuesday had in-depth communication and reached a new consensus in their annual strategic security consultation, marking a high level of mutual trust between the two countries under the guidance of the two heads of state, which not only continues to boost bilateral cooperation, but also helps stabilize regional and global security […]
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