World last week: China discovered a new giant gold mine

Anh Vũ |

Discovery of a giant gold mine in China, India's second richest billionaire accused of bribery, fraud... are notable news of the past week.

US and UK allow Ukraine to use missiles to attack Russia

US President Joe Biden has authorized Ukraine to use long-range ATACMS missiles to attack military targets in Russia, in response to Russia's deployment of North Korean troops to the war. At the same time, the UK has also given Ukraine the green light to use Storm Shadow missiles against Russian territory.

Storm Shadow missiles were launched at a military target in Kursk province, which is partly controlled by Ukrainian forces, according to sources. The moves reflect the increasing tension in the conflict, as both Russia and Ukraine step up attacks.

Iran demands US pay $1,000 billion in compensation

Iran is demanding $1 trillion in compensation from the United States for decades of economic sanctions imposed after the 1979 Islamic Revolution. These measures have hampered the country's development for 25 years, according to Ali Shamkhani, Secretary of Iran's Supreme National Security Council.

Shamkhani also accused the US of creating terrorist groups such as IS and Al-Qaeda to destabilize the region and protect its ally Israel. The compensation request comes after an Iranian court ruled in 2023 that the US should pay nearly $50 billion for the assassination of General Qassem Soleimani.

India's second richest billionaire accused of bribery and fraud

Billionaire Gautam Adani, India's second richest man with a fortune of $69.8 billion, has been accused by US authorities of paying more than $250 million in bribes to win a $2 billion solar power contract. The case violates US anti-bribery laws.

Mr. Adani and executives of Adani Green Energy are accused of using false information to raise more than $3 billion. A US judge has issued arrest warrants for Adani and his co-defendants, which are expected to be sent to international law enforcement agencies.

Giant gold mine discovered in China

China has just discovered a large gold mine in Pingjiang County, Hunan Province, with an estimated reserve of more than 1,000 tons of gold worth 83 billion USD. The mine is located at a depth of 3,000 meters, in which one ton of ore contains up to 138 grams of gold.

Geologists used advanced 3D exploration technology to unearth more than 40 gold veins here. The discovery comes as gold prices hit record highs amid global uncertainty. China is currently the world's largest gold producer, accounting for 10% of global output by 2023.

Anh Vũ
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