A US-China clash over the self-ruled island would cost the world some $10 trillion, the news outlet estimates A military showdown between the US and China over Taiwan would strike 10.2% off global GDP, or roughly $10 trillion, in one year, Bloomberg has predicted. The business news agency says the silver lining to its prediction is that…

The German Chancellor’s plea comes amid warnings that his country’s own military has been stripped to the bone German Chancellor Olaf Scholz has appealed to other EU member states to step up their military assistance to Ukraine, noting that his own country ranks second only to the US in terms of weapons shipments to Kiev.…

At least four people died in a massive traffic accident on Monday, police have said At least four people have died as a result of a massive traffic collision on the highway between Moscow and St. Petersburg, Novgorod Region’s traffic police chief, Viktor Gavrilov, said on social media.