China has become crucial to the russian economy in the last two decades. Sino- Russian strength under strong focus shows how China has become an important trade partner to Russia.

According to the reports, Russia has continuously expanded the hare of its imports from China over the years. The data from the trade portal of Germany Trade & Invest (GTA) shows that Russia's total value of the share of imports coming from China is around 24 percent before the war. Russia used to source most of its imports, 13.8 percent from Germany at the beginning of the millennium.

The reports also say that China is the largest trading partner of Russia already. The Russia-China affirmation came as the U.S. and its allies sanctioned Russia due to its…

Recently, after the failure of two major banks in the U.S., imperilled regional bank saw nearly 50 percent of its share price in the tumbling state. According to the reports, Bank of America, JPMorgan, and Citigroup had transferred up to $30 billion in the uninsured deposits to First Republic on 16th of March to show and restore confidence upon the collapsing bank. But it shattered by ratings of agencies over the weekend.

According to some reports, one of the banks also said that it is downgrading First Republic due to its reliability on the short-term borrowing which would eventually have a negative impact on the bank’s profit margins in the up coming quarters. Another bank added the view saying that First Republic faced “substantial…

The inflation rate has changed the economy of the United States in the last year. And 2023 seems somewhat different when it comes to the economy. After a fall in the economy, the States sees a recovering economic condition in 2023.

According to the reports, there are chances that inflation can be swayed in without falling into recession. U.S. chief economist of Bank of America, Michael Gapen, said, "housing is in a recession, manufacturing is…

Climate change has always been a headache to the world. The Climate Change Performance Index 2023 compares 59 countries and the EU in the renewable energies, Greenhouse Gas emissions, energy use, and climate policy. It provides an overview of the current happenings and efforts related to climate change.

Reports say the experts consider inflation the most vital over the next two years, but rising prices won't create much threat. Instead, the world would face severe risks related to climate change.

According to the data, the world's focus has shifted to crises today: inflation, food and energy supplies, social and political polarization, tepid growth, and geopolitical confrontation. Managing director of the World Economic Forum, Saadia…

Digitally the world is progressing day by day. With a single click, the world is on your phone screen. From pizza to partners, the world finds its desirable choices on the Web. Thus, a new survey found that more people are finding partners through dating apps.

According to market insight, by the end of 2023, online data providers are supposed to reach 441 million active users worldwide. With a growing CAGR of 4 percent, the online dating service market is estimated to gain $10,378 million by 2026 for 2021-2026, as per the forecast. And the sector is expected to produce revenue of approximately $8.7 million globally through matchmaking, both online and casual dating.

Online dating platforms provide space for communication through digital…

The world's health is threatened by alarming air pollution, which is humankind's most significant health hazard. Only air pollution leads to over six million deaths yearly, and economic costs are over USD 8 trillion.

According to the reports, the survey found that only 13 countries out of surveyed 131 countries, regions, and territories met World Health Organization air guidelines of annual PM2.5 at or less than 5 μg/m3 in 2022. Many of these places belong to Oceania.

Coffee drinkers never say no to a good brew of hot coffee as the first thing they do after waking up. Neither deny a coffee date at their favorite coffee shop nor step back to get one cup of cappuccino for themselves. There are more fans of coffee than any other beverage in the market. Thus, the coffee industry is showing a recent hike in consumption statistics.

According to a survey, coffee drinkers in the U.S. drink more than one cup a day; on average more than half of the population consumes three or more cups of coffee. The survey also proved that 57 percent of Americans said coffee is a regularly consumed beverage. As per the reports, 66 percent of Americans drink coffee every day. When it comes to countries that drink the most coffee…

According to the reports, consumer demand for electronics has fallen by 30 percent with the growing fear of global recession. It says the semiconductor market would have a modest recovery by the second half of 2023 if the global economy does not fall more than the current expectations.

According to survey reports, the Semiconductor Industry Confidence Index Score is 56 for 2023. The last two years were tumultuous year for the semiconductor industry. But the analysts have provided an overall positive report for 2023 regarding the availability of semiconductors.

Lithium-ion batteries have come under crucial examination once again after a string of fires are caused by batteries of electric bicycles and scooters. These batteries are used in everyday products such as phones, laptops and cameras are considered to e safe as long as they are properly manufactures; not tampered or mistreated; and do not have any defects. On the other hand , the batteries used in smartphones and other devices are comparatively smaller and less often subjected to extreme forces. Again, lithium-ion batteries used in e-bikes and e-scooters are much larger and more prone to damages.

Quality control with safety standards is another problem. in recent times, the price for scooters went dramatically up, such as in places like…

Elon Musk’s company Tesla has recently cut prices for the electric cars in order to boost sales and compete with the rivals. Several  thousand pounds reductions depending on the market scenario and model have been applied to cars listed for the sale on the company’s website in the US, UK and other places.

Due to this reason the company follows a big markdown of 20 percent almost that the firm introduced in the January.  Tesla is facing fresh challenges as higher borrowing costs weighs on the buyers and on the other hand rivals offer more electric options to opt from.

The company, as per the reports, did not respond to any request for comment. The firm missed its target of 2022 regarding the increasing deliveries by 50 percent annually…

The issue of consolidation has lifted its head in the recent months because companies like Sony, Microsoft and Swedish company Embracer Group are buying up video games studios right and left. Microsoft’s planned acquisition about Activision Blizzard King, franchises like Call of Duty and Diablo are expected to pass scrutiny by European watchdogs and Federal Trade Commission.

The main cause of disagreement is the popular shooter series. According to the reports, one of the biggest video game brands in the world when tied to one of the major console manufacturers among those three could hamper competition in the long run. And Nintendo, seems to manage to score much higher with the gaming fans concerning more on the popularity and awareness…

Netflix is one of the biggest growing OTT platforms globally. It is forecast to increase its content spending in Asia-Pacific by 15 percent to $1.9 billion in 2023, according to the reports. As per the new reports released this Monday supposes the service’s revenue in that region to rise by 12 percent this year.

According to some revelations, in 2021 Netflix spent $500 million just on Korea and with that sum produce drama films and scripted series. One among them was Squid Game. Japan is supposed to boost scripted non-anime series in 2023.

In comparison to Japan, Korea has a strong subscriber base, according to the Flixpatrol’s data. Japan has a smaller number of subscribers. The data also supports that Indonesia and India will be the…

North Korea launched its most missiles in a single day record in November 2022. It also included the one landing 60km off the South Korean coast. At the beginning of 2022, North Korea fired a missile over Japan which traveled 4,500km and finally fell into the Pacific Ocean.

As per the latest reports, Kim-Yo-Jong said the country could have turned the Pacific into a "firing range" after two missile tests were conducted on Monday's east coast. It was followed by the firing of an ICBM (intercontinental ballistic missile) two days earlier to warn South Korea that actions like this further would only strengthen the argument order to develop its nuclear deterrent.

North Korean missiles were intensified immensely last year. With outstanding…