Earlier today the International Monetary Fund (IMF) Executive Board voted to approve the inclusion of the renminbi (RMB) in their Special Drawing Rights (SDR) basket of currencies. The decision will take effect on October 1, 2016. The RMB’s inclusion is part of the IMF’s standard review of the basket’s composition, which occurs every five years.
For the next two weeks, parties to the UN Framework Convention on Climate Change (UNFCCC) will be gathered in Paris for the 21st Conference of Parties (COP) to negotiate an agreement designed to coordinate global action on climate change post-2020.
Q1: What happened?
Q1: What is the “Force of the Future” that Defense Secretary Ashton Carter announced today?
Q1: What happened in Paris?
The absence of Choe Ryong-hae—one of Kim Jong-un’s closest confidantes and one of the most powerful of the North Korean elite—from the state funeral committee of Marshall Ri Ul Sol on November 11 raises questions of yet another possible high-level purge in the North Korean leadership.
Q1: What was the purpose of the meeting?
Q1: What is Russia trying to accomplish with its military operation in Syria?
After months of internal debate within the Obama administration, the guided missile destroyer USS Lassen transited within 12 nautical miles of Subi Reef, one of China’s artificially-built features in the South China Sea, on October 27 in what is termed a “freedom of navigation” (FON) operation.
This week, Xi Jinping made his first visit to the United Kingdom as the president of the People's Republic of China. Both governments hope that the visit will inaugurate a “golden era” of trade relations. President Xi’s visit highlights the budding cooperation between the two countries in the area of civilian nuclear energy.