The unbiased perspective

 On March 5, China announced a 7.2% increase in its defense budget for the coming year, up slightly from last year 7.1% rate of increase. This is the eighth consecutive year of single-digit percentage point increase. The 2023 figure was given as 1.55 trillion Yuan($224 billion), which roughly doubles from 2013. In his report, Premier Li Keqiang said that over the past year, "We remained committed to the party's absolute leadership over the people's armed forces". "The people's armed forces intensified efforts to enhance their political loyalty, to strengthen themselves through reform, scientific and technological advances, and personnel training, and to practice law-based governance", Li said. As China is aiming to achieve the centenary goals of basically realize the modernization of national defense and the armed forces by 2035 and fully build the armed   forces into world-class forces by the mid-21st century on the 100th anniversary of the founding of...

 Why Venezuela has the strangest economy in the world? Venezuela is a country in South America and its capital is Caracas. It is officially known as the Bolivarian Republic of Venezuela. Venezuela is  colonized by Spain in 1522. It was the first Spanish-American to  declare independence from Spain in 1811. It in the modern world it has the world's largest proven oil reserves but regardless of that it has the highest inflation in the world, struggling with shortage of food, electricity, and other essential goods. For this we need to go back on 31 July 1914 when oil was discovered in Venezuela for the first time. At that time it was ruled by Juan Vincente Gomez who ruled over from 1908 to 1935 as a dictator. In the 1920s and 1930s Venezuela begin to industrialize with the development of its oil industry becoming a major contributor in the development. In the early 1900 the economy of Venezuela is mainly a agriculture based. Gomez allowed foreign companies to explore, ...