Explore Business Standard
China on Sunday denounced US Defence Secretary Pete Hegseth for calling the Asian country a threat, accusing him of touting a Cold War mentality as tensions between Washington and Beijing further escalate. The foreign ministry said Hegseth had vilified Beijing with defamatory allegations the previous day before at the Shangri-La Dialogue, a global security conference. The statement also accused the United States of inciting conflict and confrontation in the region. Hegseth deliberately ignored the call for peace and development by countries in the region, and instead touted the Cold War mentality for bloc confrontation, it said, referring to the post-World War II rivalry between the US and the former Soviet Union. No country in the world deserves to be called a hegemonic power other than the US itself, it said, alleging that Washington is also undermining peace and stability in the Asia-Pacific. Hegseth said in Singapore on Saturday that Washington will bolster its defences oversea
India's military spending in 2024 was nearly nine times that of Pakistan's expenditure, according to a study released on Monday by a leading Swedish think-tank that comes amid growing tensions between the two countries over the Pahalgam attack. India's military expenditure, the fifth largest globally, grew by 1.6 per cent to USD 86.1 billion while Pakistan's spent USD 10.2 billion, according to the Stockholm International Peace Research Institute (SIPRI). The top five military spenders -- the United States, China, Russia, Germany and India -- accounted for 60 per cent of the global total, with combined spending of USD 1635 billion, it said. China's military expenditure increased by 7.0 per cent to an estimated USD 314 billion, marking three decades of consecutive growth, the study noted. The communist nation accounted for 50 per cent of all military spending in Asia and Oceania, investing in the continued modernisation of its military and expansion of its cyberwarfare capabilities
South Korea threatened on Tuesday to restart anti-Pyongyang frontline propaganda broadcasts in the latest bout of Cold War-style campaigns between the rivals after North Korea resumed its trash-carrying balloon launches. On Monday night, North Korea floated huge balloons carrying plastic bags of rubbish across the border in its fifth such campaign since late May an apparent response to South Korean activists flying political leaflets via balloons. South Korean President Yoon Suk Yeol called North Korea's balloon activities a despicable and irrational provocation. In a speech marking the 74th anniversary of the start of the 1950-53 Korean War, Yoon said Tuesday that South Korea will maintain a firm military readiness to overwhelmingly respond to any provocations by North Korea. South Korea's military said North Korea floated about 350 balloons in its latest campaign, and about 100 of them eventually landed in South Korean soil, mostly in Seoul and nearby areas. Seoul is about 40-50
A South Korea activists' group said Friday it again flew large balloons carrying anti-North Korean propaganda leaflets toward North Korea, adding to a campaign that aggravated animosities between the rivals and prompted a resumption of Cold War-style psychological warfare along their border. The South Korean civilian group, led by North Korean defector Park Sang-hak, said it floated 20 balloons attached with 3,00,000 propaganda leaflets, 5,000 USB sticks with South Korean pop songs and TV dramas, and 3,000 US dollar bills from the South Korean border town of Paju on Thursday night. Pyongyang resents such material and fears it could demoralise front-line troops and residents and eventually weaken leader Kim Jong Un's grip on power, analysts say. After previous leafletting by Park's group and other South Korean activists, North Korean launched more than 1,000 balloons that dropped tons of trash in South Korea, smashing roof tiles and windows and causing other property damage. In ...