The Chinese government has named the commander-in-chief of its naval forces as defense minister. The move comes after the previous holder of the role was fired in late October amid reports of his involvement in a corruption scandal.
The country’s liabilities decreased to less than 15%, according to central bank data Russia’s external debt continued to shrink in the second quarter of 2023, dropping below 15% for the first time, RIA Novosti reported on Tuesday, citing data from the country’s central bank.
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