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Morning news brief: US announces USD 1.1 billion arms package for Taiwan, Rajapaksa returns to Lanka & more

Morning news brief: US announces USD 1.1 billion arms package for Taiwan, Rajapaksa returns to Lanka & more

Morning brief

The United States on Fridayannounced the sale of approximately USD 1.1 billion in military equipment including Harpoon and Sidewinder missiles to Taiwan. Meanwhile, in the South Asian region, Former president, Gotabaya Rajapaksa has returned to Sri Lanka after almost two months. In the realm of defence,Iran hasseizedtwo US Navy drone vessels in second incident this week in the Red Sea.

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US announces arms package worth USD 1.1 billion for Taiwan; China opposes

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US taiwan

US military equipment worth over USD 1.1 billion, including Harpoon and Sidewinder missiles, will be sold to Taiwan, the country stated on Friday.Taiwan's purchase of military hardware has received Washington's approval, the Defence Security Cooperation Agency (DCSA) acknowledged in a number of statements.

Gotabaya Rajapaksa returns to Sri Lanka from exile after seven weeks

Gotabaya returns

An airport official reported that former president of Sri Lanka Gotabaya Rajapaksa arrived back in the nation on Friday, seven weeks after fleeing in the face of irate protests over the island's worst-ever economic crisis.

Iran briefly seizes two US Navy Drone vessels in second incident this week in Red Sea

drones

The Iranian Navy reportedly seized two US unmanned drone vessels for a brief period in the Red Sea before releasing them, in the second such incident this week.

India overtakes UK to become world’s 5th largest economy

Indian economy

India has overtaken UK to become the fifth largest economy in the world, according to Bloomberg, which has cited GDP figures from the International Monetary Fund.

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