Over the last few years China has made a series of ambitious military reforms and acquired new technology as it aims to improve its ability to fight regional conflicts over places like Taiwan, according to a new report from the US Defense Intelligence Agency. Source: CNN
The Project 09852 special-purpose nuclear-powered submarine Belgorod that will be the first carrier of Poseidon strategic underwater drones was floated out at the Sevmash Shipyard in north Russia on Tuesday, TASS reports from the scene. Source: Tass
A Saudi prisoner has been executed and crucified, according to a statement by the country’s state media. The man was one of 37 people executed on Tuesday on charges of terrorism. Source: BBC
Antonio Rinaldi, who teaches economics at Rome’s Link Campus University and is a frequent guest on television talk shows, has campaigned for years for Italy to “take back the keys to our own house” by leaving the eurozone.
Anti-euro campaigners say quitting the euro would allow Italy to revive its stagnant economy by spending more and devaluing its currency, helping exports. Others warn the move would lead to a flight of capital, higher borrowing costs and inflation, reducing the value of Italians’ savings. Source: EU Reporter
