Author Archives
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Vladimir Putin Was Potentially Misled By His Military Chiefs About Ukraine, Shows US Declassified Intelligence Reports
According to newly disclosed US information, Russian President Vladimir Putin believes he was misled by military officers who withheld vital details about the disastrous invasion of Ukraine for fear of angering him, according to top Biden administration officials. “We believe… Read More ›
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China’s Trade With Russia Is Hurting As A Result Of The Ukraine Conflict
Chinese exports to Russia have been hampered by the rouble’s fluctuating value, demonstrating the ripple impact of Western sanctions over Russia’s invasion of Ukraine in China, despite Beijing’s diplomatic support for its neighbour. Smaller Chinese companies are particularly exposed to… Read More ›
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South Koreans Rush Overseas In ‘Revenge Travel’ With Easing Of COVID Rules
South Koreans are rushing for “revenge travel” – a term that has been popular on social media as people seek to schedule abroad trips that have been delayed due to coronavirus restrictions – after spending two years being socially isolated…. Read More ›
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Without Russian Supplies, Europe Would Struggle To Replenish Its Gas Stockpile
Analysts cautioned that if Russia’s deliveries are halted in a dispute over payment terms, Europe’s plans to build reserves and assure gas supplies for next winter might be thrown off. Russia generally supplies roughly 40 per cent of Europe’s gas,… Read More ›
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Largest Chinese Banks Say Near Future Times Are Tough
The pandemic, global politics, and internal turbulence in the real estate business are among the challenges facing China’s lenders this year, according to five of the country’s top banks. In its annual results report on Wednesday, the world’s largest lender,… Read More ›
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Pressure In Short Term Increasing Due To 20% Hike In Costs Of Battery Cell, Says Tata Motors
Because of a global jump in raw material prices, primarily lithium, Tata Motors, India’s top-selling electric manufacturer, stated the cost of battery cells had climbed by roughly 20%, placing pressure on the company in the short term. Cell prices have… Read More ›
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Tackling Of Energy Affordability Critical To Reduce Poverty And Economic Stagnation, Warns UAE Energy Minister
Inflation has risen over the world as a result of rising energy prices, triggering cost-of-living difficulties in both established and emerging economies. Al Mazrouei expressed worry at the World Government Summit in Dubai, UAE, that the global focus on geopolitics… Read More ›
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Reasons Of India Lapping Up Cheap Russian Oil Amid Ukraine Crisis
As Western sanctions intensify, Russia is looking for new markets for its oil exports, and India has been taking advantage of lower prices to increase imports from the country. Although these oil supplies do not breach sanctions, the US has… Read More ›
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Consumer Lending In The UK Is Surging, Thanks To Record Credit Card Borrowing
According to figures from the Bank of England, consumer lending increased by the most in nearly five years last month, thanks to a record increase in credit card borrowing, which analysts believe could be an indication of the growing cost-of-living… Read More ›
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ECB Is Willing To Create A Money Exchange For Ukrainian Refugees With EU Guarantee
According to a document of the European Central Bank, the ECB is prepared to organise a programme allowing millions of Ukrainian immigrants to exchange their hryvnia money for euros if the EU provides the bank with a guarantee that would… Read More ›
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