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This is the world in brief from the economist.

Our top stories.

Russia said that America's plan to supply Ukraine with depleted uranium shells was a criminal act.

The Biden administration said on Wednesday that it would provide the munitions used in M1 Abrams tanks

as part of a package of military and humanitarian aid worth $1 billion.

Meanwhile, Yen Stoltenberg, NATO Secretary General, said that Ukrainian forces were gradually gaining ground in their counteroffensive.

Ukraine claimed this week to have pierced Russia's first line of defense on the southern front.

China's currency, the yuan, tumbled to $7.3 against the dollar.

It's lowest in 16 years as the country's economy struggles to recover from the post-COVID slump.

Data released on Thursday showed that China's exports had declined by 8.8% year on year in August.

Although that was an improvement from the 14.5% decrease in July.

Shares in Apple fell by more than 3% on Thursday amid reports that China had banned the use of iPhones by state employees.

China, one of the American tech giants largest foreign markets, already does not allow some government workers to use iPhones.

But the new restrictions are reportedly more widespread. Apple's market value has dropped by more than $200 billion in the past two days.

Peter Navarro, a trade advisor to President Donald Trump, was convicted of two counts of criminal contempt of Congress for failing to comply with a subpoena issued by the committee investigating the capital riot.

He is the second Trump era official to be convicted for that offense.

Last year, Steve Bannon was sentenced to four months in prison. He has appealed against his verdict.

The Biden administration condemned, quote, hateful and anti-Semitic comments made by Mahamud Abbas, the Palestinian president in a speech he gave in August.

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