Top 10 world news: China-Taiwan tensions, Nobel Economics prize and more

Even as tensions with Taiwan rise, China says it has conducted a series of beach landing and assault exercises near the island nation. Meanwhile, as part of the annual AEOI exercise, the Indian government has received a third set of Swiss bank account information, and in what is seen as a major milestone in the Indian government's fight against black money allegedly stashed abroad, for the first time this year, Switzerland has also agreed to share information about foreigners' real estate holdings there. In other news, Instagram has announced two new tools aiming to protect teenagers from harmful content.

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Amid tensions withTaiwan,China claims to have conducted a series of beach landing and assault exercises in the southern province of Fujian.

As part of the annual AEOI exercise, India has received its third set of Swiss bank account information. On the condition of anonymity, officials have revealed that the details relate mostly to businessmen.

Tunisian President Kais Saied has appointed a new government, 11 weeks after he fired the last one in a controversial power grab amid acute economic and political crises.

Liaoning, the largest provincial economy in China's northeast rust belt has warned of worsening power shortages despite government efforts to boost coal supply and manage electricity use in a post-pandemic energy crisis hitting multiple countries.

In China's northern Shanxi province, more than 1.76 million people have been affected by severe flooding. Last week, heavy rains caused houses to collapse and landslides in more than 70 districts and cities of the province.

Amid increasing concern that biodiversity is declining in Australia, environmentalists have urged the Australian government to do more in order to stem a decline in biodiversity.

Despite rejecting new restrictions so as to protect the economy, the Kremlin has described Russia's Covid fatality rate as "high" and its vaccination rate as "unacceptably" low.

This year's Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel or the Nobel Economics Prize has been awarded one half to David Card and the other half jointly to Joshua D. Angrist and Guido W. Imbens.

An AstraZeneca trial aimed at treating COVID-19 symptoms has achieved positive results. In patients with mild-to-moderate symptoms of COVID-19, AstraZeneca's drug combination which is two antibodies led to a significantly lower risk of severe symptoms or death.

After whistleblower Frances Haugen's testimony before US Congress last week, that Instagram can negatively impact teenagers' mental health, Facebook-owned Instagram is about to launch two new tools to protect teenagers from harmful content.