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China and Saudi Arabia Boost Military Ties with Joint Drill
China and Saudi Arabia have started a new joint naval exercise called Blue Sword 2023. Hosted in China’s Guangdong province, over 100 military members from both nations are taking part. They’re training to handle maritime security tasks such as rescuing hijacked ships and defusing underwater bombs. The opening event took place in a Zhanjiang camp. […]
The Diverging Fortunes of Latin America’s Ultra-Wealthy
In 2023, Latin America uniquely witnessed a decline in Ultra-High-Net-Worth Individuals (UHNWIs), those with over $30 million in assets. This stood in contrast to North America and the Middle East, which saw growth. Knight Frank’s analysis indicates this reflects wider economic, social, and political challenges in the region, including economic slowdowns, high inflation, and social […]