decades

China abandons economic growth target for first time in decades

SHANGHAI — Chinese Premier Li Keqiang did not announce an economic growth target for this year, marking the first time in three decades the government has skipped setting that goal in its annual blueprint.

In a work report presented on Friday in Beijing at the delayed start of the annual session of the National People’s Congress, China’s legislature, Li said the government foresees its budget deficit rising to more than 3.6% of gross domestic product, up from 2.8% last year.

“We have not set a specific target for economic growth this year because our country will face some factors that

Read More

US destroyers enter Barents Sea for first time in over 3 decades

NEW YORK — Four U.S. Navy ships entered the Barents Sea off Russia for the first time in more than 30 years, the Navy said Monday, in what is seen to be part of a new Arctic strategy.

Three Arleigh Burke-class Aegis destroyers — the USS Donald Cook, the USS Porter and the USS Roosevelt — and the fast combat support ship USNS Supply were joined by the British Navy’s HMS Kent for maritime security operations to assert freedom of navigation and demonstrate seamless integration among allies, the announcement said.

U.S. Navy surface ships had not operated in the Barents

Read More