Iran and Syria are developing even closer defense ties as is evident in the recently concluded visit to Damascus by Chief of Staff of the Iranian Armed Forces Major General Mohammad Bagheri, analysts say. Source: Voice of America
South Korea and Japan undermine their own security by endorsing the US missile defense system’s deployment to their territory, while Russia and China have to take retaliatory measures, Russian Ambassador to China Andrei Denisov told reporters on Monday. Source: TASS
China on Monday launched an anti-dumping probe into stainless steel imports worth $1.3 billion, including from a privately owned Chinese mill with operations offshore, after complaints that a flood of product has damaged the local industry. Source: Reuters
The G20 group of finance ministers have said trade tensions could undermine the global economy. They called for greater dialogue to reduce the risk after a tense, two-day meeting in Argentina. The summit comes as the US ramped up trade tensions on Friday, saying it was ready to slap tariffs on all $500bn of imports from China. Source: BBC
