Author Archives
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Russia To Suffer Severe Hit By The SWIFT Ban; Yet, There Is Still Opportunity For Tightening
The decision by Western allies on Saturday to restrict “selected” Russian banks from the SWIFT payments system would not only deal a catastrophic economic blow to Russia, but will also cause significant pain to their own businesses and institutions. And… Read More ›
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The West Is Imposing Sanctions, Russia Shifting Trade Towards China
If there is any escalation or military activity in Ukraine by Russia, the United States will impose a much broader range of sanctions against Moscow, with the goal of preventing critical Russian financial institutions and companies from using the US dollar for transactions, as… Read More ›
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EU Regulations Target Illicit Data Transfers To Non-EU Countries
According to proposed legislation from the European Commission, Amazon, Microsoft, and other cloud and data processing service providers would be required to include measures to prevent non-EU governments from getting unauthorised access to EU data. The Data Act, which was… Read More ›
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Oil Prices Move Up On Supply Fears Emerging From Ukraine-Russia Tensions
Fears that the Ukraine-Russia crisis would impair global supplies are driving up oil and gas prices. On Tuesday, the price of Brent oil, a global benchmark, hit a seven-year high of $99.38 a barrel. After recognizing two rebel-held territories in… Read More ›
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Women Now Hold About 40% Of Board Seats In UK FTSE 100 Companies
According to a government-backed analysis, women currently hold nearly 40 per cent of board posts at the UK’s largest companies. According to the FTSE Women Leaders Review, 414 women served on the boards of FTSE 100 companies last year, up… Read More ›
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De Beers CEO Predicts Steady Supply Of Natural Diamonds And Moderate Industry Growth
The global supply of natural diamonds has reached its highest point and it is likely to stay constant over the next several decades, according to the CEO of mining behemoth De Beers. The executive of the global diamond seller also predicted that the industry will expand… Read More ›
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Covid-19 Virus Was Discovered In Samples From Pig And Beef Import Packaging In Hong Kong
Covid-19 was discovered in samples obtained from the packaging of frozen beef imported from Brazil and frozen pig skin imported from Poland in Hong Kong, according to the city’s regulators, who promised to increase food inspections. The global financial center follows mainland China’s… Read More ›
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US Claims Russia Intends To Kill Or Sent To Camps The Majority Of Dissidents In Ukraine
The United States has informed the United Nations that it considers Russia is planning to kill or detain a substantial number of critics, dissidents, and “vulnerable communities” in Ukraine during an invasion. Ambassador Bathsheba Nell Crocker, the United States’ representative… Read More ›
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Top Crypto Exchange Co-Founder Predicts Bitcoin Bull Run Will Happen Next At End Of 2024
According to the co-founder of Huobi, one of the world’s biggest cryptocurrency exchanges, Bitcoin may not go through a bull market until in late 2024 or early 2025, The estimation is based on previous price cycles of the cryptocurrency. Bitcoin bull markets, according to… Read More ›
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US-UAE Seeks Additional $4 Billion In Global Investment For Climate Change Initiates In Agriculture
The United States and the United Arab Emirates are seeking an additional $4 in worldwide investment for a program that the two countries had initiated last year aimed at making agriculture more resilient to climate change and at bringing down… Read More ›