27 October, 2016, 12:00 am
Biggest military buildup
NATO will press allies to contribute to its biggest military build-up on Russia’s borders since the Cold War as the alliance prepares for a protracted quarrel with Moscow. With Russia’s aircraft carrier heading to Syria in a show of force along Europe’s shores, alliance defence ministers aim to make good on a July promise by NATO leaders to send forces to the Baltic states and eastern Poland from early next year.
Elite unit halts advance
AN elite unit of the Iraqi army paused its week-long advance on Mosul as it approached the city’s eastern edge on Tuesday, waiting for other US-backed forces to close in on Islamic State’s last major urban stronghold in Iraq. The combat ahead is likely to be more difficult and deadly.
Miners talk on selling shares
CHINA’S Zijin Mining Group Co Ltd and Shandong Gold Mining Co Ltd have held separate talks with Barrick Gold Corp to buy a 50 per cent stake in its Veladero gold mine in Argentina, according to four sources with knowledge of the process.
China increases nuclear capacity
CHINA is set to overtake the US to have the world’s largest nuclear capacity over the next 10 to 15 years as it races to build new reactors to combat pollution, the World Nuclear Association (WNA) said. It will overtake France to have the second-highest number of nuclear reactors by 2020.
REUTERS – Brazil’s Government is considering waiving visas for visitors from the United States, Japan, Canada and Australia to boost tourism, and could eventually extend the plan to include China, a tourism ministry spokesman said on Monday. Brazil’s President Michel Temer is keen to draw more foreign investment and visitors to Brazil.