Japanese ice cream maker Akagi Nyugyo released a one-minute TV ad
Apologizing for raising the price of its famous ice pops from 60 yen to 70 yen. Their first price hike in 25 years. Read More...
In old rural Russia and Finland, people placed live frogs in milk to keep it fresh—a practice once seen as folklore.
Centuries later, science revealed the truth: brown frogs secrete antimicrobial peptides that fight bacteria. What seemed superstition was early biochemistry in action. #Interesting Read More...
China to raise defense spending by 7.2% in 2025 to ‘firmly safeguard’ national security
China on Wednesday increased its defense spending by 7.2% this year, the same growth rate as in the prior two years, as Beijing seeks to “firmly safeguard” its national security.
In an official government report due to be released in parliament, China proposed a national defense budget of 1.78 trillion yuan ($244.99 billion) for the 2025 fiscal year.
The increased defense budget, well above China’s economic growth target for this year of roughly 5%, comes as Western governments seek to ratchet up military spending to bolster their own security.
The European Union announced Tuesday that it could mobilize as much as 800 billion euros ($841 billion) to shore up support for Ukraine amid Russia’s full-scale invasion. The move followed reports that the U.S. had abruptly paused military aid to Ukraine.
China budgeted a 7.2% increase in defense spending to 1.67 trillion yuan last year, the same growth rate as in the prior year. Beijing had increased spending by 7.1% in 2022 and 6.8% in 2021, according to official data.
When asked on Tuesday about China’s defense spending, Lou Qinjian, spokesperson for the third session of the 14th National People’s Congress, told reporters that “peace needs to be safeguarded with strength.”
That’s according to an official translation of his Mandarin-language remarks.
China’s defense expenditure as share of GDP has been held under 1.5% for many years, Lou said, adding that this rate of spending is lower than the global average.
China remains the world’s second largest military spender behind the U.S. which has set the military budget for 2025 at $850 billion.
Separately, expenditures earmarked for public security this year was raised by 7.3%, the official statement showed, a sharp increase compared with the 1.4% rise last year.
#China #Asia #CNBC #News
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New Canadian Prime Minister Mark Carney seeks alliances in Europe as he deals with Trump
MONTREAL (AP) — New Canadian Prime Minister Mark Carney is heading to Paris and London on Monday to seek alliances as he deals with U.S. President Donald Trump’s attacks on Canada’s sovereignty and economy.
Carney is purposely making his first foreign trip to the capital cities of the two countries that shaped Canada’s early existence.
At his swearing-in ceremony on Friday, Carney noted the country was built on the bedrock of three peoples, French, English and Indigenous, and said Canada is fundamentally different from America and will “never, ever, in any way shape or form, be part of the United States.”
A senior government government official briefed reporters on the plane before picking up Carney in Montreal and said the purpose of the trip is to double down on partnerships on with Canada’s two founding countries. The official said Canada is a “good friend of the United States but we all know what is going on.”
#APNEWS #News #Canada
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