India Tests New COVID-19 Vaccine on Humans in July

Bharat Biotech is now approved for human trials, and slated to start human vaccine testing for COVID-19 in July. It will be India’s first domestic pharmaceutical candidate to receive the go-ahead from the government’s drug regulator as cases are sky-rocketing in the 1.3 billion population.

EU extends sanctions on Russia

The European Union has decided to extend sanctions it imposed on Russia in 2014 following Russian military action against Ukraine. The decision to extend the economic measures was made by the Council of the European Union on June 29.

Pentagon lists twenty top companies as owned or backed by Chinese military

The US Defense Department has published a list of twenty major companies, including Huawei, that it has determined are owned or backed by the Chinese military, BBC News reported Thursday. A result of this determination, the US may apply new sanctions against the companies listed.

Egypt, Ethiopia, Sudan Agree On Controversial Dam To End Water Dispute

Egypt, Ethiopia, and Sudan want a deal next month on filling Ethiopia’s giant new hydroelectric dam to end a decade-long dispute over water supplies. Their accord on the Blue Nile river dam announced over the weekend followed mediation by the African Union (AU), the cooperative body of 55 member states on the African continent.

Poland’s President Facing Liberal Challenge In Sunday Poll

Poland’s right-wing president, Andrzej Duda, was seeking a second five-year term in an election amid controversy. Sunday’s poll was seen as a test whether voters share his plans of implementing a conservative agenda. His policies include judicial reforms that the European Union claims undermine democracy.

IMF Downgrades Global Economic Forecast

As governments around the world battle the economic fallout of the COVID-19 pandemic, the International Monetary Fund (IMF) has published a further grim forecast, predicting a 4.9% contraction in global GDP (gross domestic product) for 2020, a lower figure than the 3% forecast in April, CNBC reports. The IMF also downgraded its GDP prediction for 2021, lowering it to 5.4% from the 5.8% forecast in April.

US-Russia Agree On Talks To Prevent News Arms Race

U.S. and Russian negotiators have agreed to continue talks on how to prevent a new nuclear arms race. Still, concerns remain over China’s opposition to being included in the negotiations.

US moves aircraft carriers to Taiwan Strait in South China Sea

In a display of power, the US Navy now has three aircraft carriers to the Taiwan Strait in the South China Sea, Fox News reported Monday. This is the first three-carrier mission to take place in several years and it reportedly sends a message of deterrence to China.

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