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Russia, China warships hold first joint patrols in Pacific

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Russian and Chinese warships held their first joint patrols in the Western part of the Pacific ocean on October 17 to 23 according to a statement from Russia’s defence ministry

Soraya Ali reports

Russian and Chinese warships have held their first joint patrols in the Western part of the Pacific ocean.

The Russian defense ministry said in a statement on Saturday that the patrols took place from October 17-23.

Moscow and Beijing have cultivated closer military and diplomatic ties in recent years at a time when their relations with the West have soured.

The pair staged naval cooperation drills in the Sea of Japan earlier in October.

The naval maneuvers have been closely watched by Japan which said earlier this week that a group of 10 vessels from China and Russia sailed through the Tsugaru Strait separating Japan’s main island and its northern island of Hokkaido.

The strait is regarded as international waters.

Russia’s defense ministry said in the statement that “The tasks of the patrols were the demonstration of the Russian and Chinese state flags, maintaining of peace and stability in the Asia-Pacific region, and guardianship of the subjects of maritime economic activities of the two countries.”

Reuters

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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