Globely Staff

The Globely News team tracks the leaders, states, networks, ideologies, and technologies that are reshaping the world order. From AI and electric vehicles to the rise of China, we've got you covered.

China’s Belt and Road Initiative (BRI) continues its downward slide in 2022 as spending on new projects declines and Chinese development banks balk at financing projects in high-risk countries. The value of new Belt and Road-linked projects fell to $28.4 billion in the first half of 2022, compared to $29.6 billion in the same period last year, according to a new report by the Green Finance and Development Center (GFDC) at Fudan University. Belt and Road Initiative spending took a major hit in 2020 due to the COVID pandemic. But it had already been in decline since its peak in…

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Al Qaeda leader Ayman al-Zawahiri has been killed in a U.S. drone strike in Afghanistan this weekend, President Joe Biden announced on in an address to the nation on Monday. The drone strike, which Biden said took place on Saturday, reportedly struck a home in the Sherpur area of Kabul. Biden claimed that al-Zawahiri moved to “downtown Kabul” to reunite with his family. The president said he gave the orders for the mission one week ago. An unnamed U.S. senior official states that the drone strike took place at 9:48pm ET on Saturday — early Sunday morning in Kabul —…

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