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Xi: China will avoid decoupling amid tension with US, Europe

China's President Xi Jinping on Thursday spurned suggestions that his country might decouple or separate itself from the US and other trading partners amid tension with Washington and Europe over technology and security. Speaking by video link from Beijing to a meeting of Asia-Pacific CEOs,...

UK to unveil 'largest military investment' in three decades

Prime Minister Boris Johnson will on Thursday unveil what is being billed as Britain's biggest programme of investment in the armed forces since the end of the Cold War. In a speech to lawmakers in parliament, Johnson will announce an extra £16.5 billion ($22 billion, 18.5 billion euros)...

Pandemic adds $15 trillion in world debt

In the first three quarters of 2020, global debt increased by $15 trillion to reach $272 trillion as the pandemic forced businesses to shut and pushed people out of jobs. After a large surge in the global debt-to-GDP ratio (from 320% to 362% year-on-year in the first half), the increase in...