Keywords: SCO


A record $977M bet against oil backfires as crude prices surge

Traders placed a record $977 million against crude oil in March, pouring capital into the ProShares UltraShort Bloomberg Crude Oil ETF in the largest monthly inflow the fund has recorded since its launch in November 2008. The bet has so far gone badly wrong. SCO, which delivers twice the daily inverse......

Xi and Putin criticize the West at Eurasian summit

Chinese President Xi Jinping and Russian President Vladimir Putin launched strong attacks against the United States and the West on Monday during a high-level summit of the Shanghai Cooperation Organization (SCO), held in Tianjin, China. The gathering brought together leaders from across Eurasia and......

China showcases alternative world order at Tianjin gathering

Chinese President Xi Jinping welcomed Russian President Vladimir Putin and other key Eurasian leaders on Sunday as China hosts a major summit of the Shanghai Cooperation Organization (SCO). The gathering, held in Tianjin, is being presented as a showcase of a new international order led by China, at......

Xi Jinping welcomes world leaders ahead of SCO summit

Chinese President Xi Jinping began hosting foreign leaders on Saturday in Tianjin, northern China, ahead of the upcoming Shanghai Cooperation Organization (SCO) summit. Among the first to meet Xi were United Nations Secretary-General Antonio Guterres and Egyptian Prime Minister Mostafa Madbouly, according......

India’s stand apart from SCO on Israel-Iran conflict

India has chosen not to endorse the Shanghai Cooperation Organisation’s (SCO) condemnation of Israel’s ongoing military strikes against Iran, revealing a possible division within the influential Eurasian alliance concerning the escalating conflict. Global leaders have urged calm amid Israel’s......

Deadly Blast Targets Chinese Nationals Near Karachi Airport

In a tragic incident on Sunday night, a suspected suicide bombing near Karachi's Jinnah International Airport resulted in the deaths of two Chinese nationals and left at least ten others injured. The explosion, which occurred around 11 PM local time, was reportedly aimed at a convoy of Chinese engineers......

Escalating Tensions: China and Belarus Stage Joint Drills at NATO's Doorstep

In a move that has raised eyebrows and sparked concerns across the international community, China and Belarus have announced their intention to conduct joint military training exercises mere miles away from the border of Poland—a stalwart member of both NATO and the European Union. This provocative......