• News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
BW Businessworld

Thai Cave Rescue Mission, US-China Trade War: Top News Stories You Should Know

The most trending stories of the week, in the Thai Cave Rescue Mission, 12 boys have been rescued from the cave, the Indian Mountaineer Satyarup who has scaled the World’s highest volcano, the FIFA World Cup 2018: who can get the Golden Ball and who wins from Belgium, France, England or Croatia, and the US and China Trade War; US to put tariffs; all these News in a quick terse

Photo Credit :

Thai Cave Rescue Mission, 12 Boys rescued from the Cave

Since the operation has started, 12 boys have been rescued, making a total of 12 out of 13 to be found after two weeks of being trapped inside the cave.

The operation is being performed by 13 foreign divers and 5 members of Thailand’s elite Navy SEAL unit. The rescue teams had rehearsed the plan for several days and had managed to drain the water level in the cave considerably, but needed to move fast.

FIFA World Cup 2018; Tight Contenders to the Golden Ball

The climax is on its way for the FIFA World Cup 2018, with just four teams in the final tournament; Belgium, France, England, and Croatia. 

The teenage sensation of France has been Mbappe, the youngest player to have scored 2 or more goals in a fixture and 3 goals in 5 matches.

Croatia’s Luka Modric can be one of the reasons for the team reaching the semi-finals. So far in this edition, Modric has bagged three awards for ‘Man of the Match’ in his five matches. 

England fans are really happy and are expecting the Golden Ball and also the Golden Boot from their brilliant captain Harry Kane. With his prolific form in the World Cup, he has scored 6 goals, becoming the tournament’s leading goal-scorer till now.

Indian Mountaineer Satyarup Climbs the World’s Highest Volcano

Indian Mountaineer Satyarup Siddhanta has climbed the highest volcano in the world. Ojos del Salado is a stratovolcano which is a volcano built of alternate lava and ash layers in the Andes on Argentina-Chile border. The volcano is also the highest active volcano in the world at the height of 22,615 feet. Satyarup hoisted the Indian Flag at 40-degree centigrade, skiing to the last degree of the South Pole. He is so much passionate about his interest in climbing that he just resigned his regular job at an instant without even thinking anything in 2015 when he made his first attempt in climbing the Mt. Everest. The man is ready to set a new record of becoming the first Indian to climb the highest volcano of Antarctica, Mt. Sidley, making his dream of scaling seven summits and seven volcanic summits come true. 

Trade War Begins between the United States and China

The administration of the US President Donald Trump slapped 25% tariffs on Chinese goods worth US$34 billion, three days later China’s Ministry of Commerce said, “In the process of determining which US products should be subject to retaliatory tariffs, the Chinese side has fully considered substitution for imported goods and the overall impact on trade and investment.” This idea was aimed at China’s ‘Made in China 2025’ industrial policy, which is thought of being an aggressive Chinese strategy of becoming hi-tech superpower. 

According to the Wall Street Journal, Tesla cars have become considerably costlier in China over the weekend. The Model X is now priced at $140,100, for instance, over $20,000 more than the $117,100 it previously sold for. The Model S, at $128,400, is also roughly $21,000 more expensive than it previously was, the Journal reports. The Chinese tariff on electric cars shot up from 15 % to 40%, reports Bloomberg. 

“It is the biggest challenge,” said Shi Yinhong, an international affairs specialist at Renmin University in Beijing and adviser to the State Council.

“If the trade war is fought on a broad scale and lasts some time, China’s economy and finances will surely be damaged. The great rejuvenation of the Chinese nation, or Chinese dream, won’t always be upwards.”

Tags assigned to this article:
Thai Cave Rescue Mission