China developing stealth drones to evade anti-aircraft missiles

March 9, 2017

Beijing, Mar 9: China's largest missile maker is developing military drones with stealth abilities that can evade anti-aircraft weapons, the official China Daily said on Thursday, in another advance for the country's ambitious military modernisation programme.

drones"Drones have become an indispensable weapon in modern warfare because they can play an important role in high-resolution reconnaissance, long-distance precision strikes, anti-submarine operations and aerial combat," Wei Yiyin, deputy general manager of China Aerospace Science and Industry Corp, told the English language newspaper.

Insisting it has no hostile intent, China is investing billions of dollars to update ageing equipment and develop new weapons, including stealth fighters and aircraft carriers.

Its heavy defence spending, however, has unnerved a region already on guard over Beijing's more assertive approach to disputes in the South and East China Seas and over self-ruled Taiwan, claimed by China as a wayward province.

Wei told the newspaper his company was also developing near-space and long-range endurance drones.

The paper described China Aerospace Science and Industry Corp as the country's sole producer of cruise missiles, and said the drones also resembled cruise missiles.

China has stepped up research into military drones, hoping to take market share from the United States and Israel with its cheaper technology and willingness to sell to countries that Western states are reluctant to deal with.

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News Network
April 11,2020

Apr 11: The number of global coronavirus deaths has increased to 102,753, while the total number of cases worldwide has surpassed 1.6 million, according to the latest update by the Washington-based Johns Hopkins University.

As of Saturday morning, the overall number of infections increased to 1,698,416, while the tally of those who recovered from the deadly disease stood at 376,677, according to the varsity's Center for Systems Science and Engineering (CSSE).

In terms of cases, the US had the highest in the world at 501,301, followed by Spain 158,273, Italy 147,577 and France 125,931.

Italy accounted for the highest death toll at 18,849, with the US in the second place with 18,769 fatalities.

Other countries with more than 10,000 deaths include Spain (16,081) and France (13,197).

Although the pandemic originated in China last December, it now only accounts for 3,343 deaths with 83,003 confirmed cases.

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Agencies
March 1,2020

Washington, Mar 1: Beginning April 1, Indians wishing to immigrate to America will now have to pay an additional $50,000 for the EB-5 or the US investor visa, a media report said.

Although, this additional tax would impact all visa categories, it will predominantly create a barrier for people investing in the EB-5 visa programme, the American Bazaar daily said in the report on Friday.

In 2019, the EB-5 investor visa programme, for the first time since the 1990's, increased the minimum investment amount to $900,000.

With this increase in minimum investment, the new 5 per cent additional tax would mean that applicants would have to pay the extra $50,000, when they move money to an escrow account in the US to fulfil their application criterion.

"The changes to the tax on remittances is a reminder to Indians to carefully plan their tax position before making the move to the US," the American Bazaar quoted Mark Davies, Global Chairman, Davies & Associates LLC, as saying.

"People seeking to emigrate who do not wish to pay this tax at source and rather account for it later may wish to move their money ahead of the new rules coming into effect.

"It is possible to pre-emptively move money into an escrow account in the US until such a time as they are ready to proceed with emigration process," he added.

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Agencies
August 3,2020

New York, Aug 3: The number of coronavirus cases confirmed all over the world has surpassed 18 million, while the global COVID-19 death toll stands at over 687,000 according to data from the Johns Hopkins University's Coronavirus Resource Center.

As of 06:00 Moscow time on Monday (03:00 GMT), there are 18,017,556 confirmed coronavirus cases in the world. The global death toll from COVID-19 stands at 687,930. The number of recovered individuals stands at 10,649,108.

The United States remains the country with the largest number of cases (4,665,932) and the highest COVID-19 death toll (154,841), according to the latest data from the Johns Hopkins University.

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