Beijing’s continued militarization is a forced response to US pressure. But can it keep its cool? By Timur Fomenko, a political analyst During the two sessions of the National People’s Congress (NPC) over the weekend, China announced that its military budget would increase by 7.2% year on year. The news made headlines around the world.
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The cryptocurrency Solana, associated with the bankrupt FTX exchange, continued its three-day retreat on Monday to trade at around $14 a token. The price is now down 95% from its all-time high of $259.96 last November.
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