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China and the U.S. compete to be the world’s largest economy, but the dollar dominates the yuan as a currency. peng song/Moment Collection/Getty Images

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency – and be a serious contender against the US dollar

Despite China’s economic power, the yuan lags as a major global currency. Here’s why current US interest rates and sanctions on Russia may change that.
New friends: Volodymyr Zelensky’s visit to a meeting of the Arab League in Jeddah was a qualified success. American Photo Archive / Alamy Stock Photo

Ukraine war: Zelensky’s diplomatic tour has improved the ground for a fresh military offensive – but it needs to come soon

The Ukrainian president’s latest diplomatic forays have been effective in boosting support for his country’s territorial integrity.
Military vehicles carry an earlier version of China’s hypersonic missile during a 2019 parade. AP Photo/Ng Han Guan

China’s hypersonic missiles threaten US power in the Pacific – an aerospace engineer explains how the weapons work and the unique threats they pose

China’s newest hypersonic missile, the DF-27, could sideline US aircraft carrier groups in the Pacific, while missiles in the works in China, Russia and the US threaten global security.

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