In a significant development, in a statement Ihor Zhovkva, the deputy head of President Volodymyr Zelenskiy’s office, said Ukraine has completed a questionnaire which will form a starting point for the European Union to decide on its membership. The questionnaire… Read More ›
Geopolitics
Belarus bans entry of EU registered trucks
In a significant development, Belarus announced a ban on EU registered trucks from entering its territory, said a report from Interfax quoting the transport ministry.
Romania increases defense spending, to buy 32 US F-16 fighter aircraft
In a significant development, Romania, a NATO member, has grounded its entire fleet of MiG 21 LanceR fighter aircraft and will speed up a planned purchase of second-hand F-16s from Norway, said its defence ministry. The Russia Ukraine war is… Read More ›
Several buyers will pay for Russian LNG in Rubles: Alexander Novak
In a statement Russian Deputy Prime Minister Alexander Novak said, several buyers have approached Moscow to buy gas and have agreed to pay in Rubles. He went on to add, “We expect the decision (to switch to roubles) from other… Read More ›
Delete fake new content or face fine: Russian court to Google
As per a report from Interfax, a Russian court has told Google and Wikimedia Foundation to delete “fake” information regarding the Ukraine conflict or face fines. On Thursday, Russian communications watchdog had told Google it would face fines over its… Read More ›
Japan and Canada provides Ukraine financial assistance
In a statement Ukrainian Prime Minister Denys Shmygal said, Ukraine has agreed to the Japanese & Canadian proposal and will receive 13 billion yen in financial support from the Japanese government and 500 million Canadian dollars from Ottawa. “These are… Read More ›
Wells Fargo’s Earnings Tops Expectations, But Revenue Falls Short
Wells Fargo & Co reported a 21 per cent reduction in first-quarter profit, but topped Wall Street projections, as cash set aside to cover potential pandemic-related loan losses were released, cushioning a drop in mortgage lending. According to Refinitiv data, the… Read More ›
Covid Deaths In Ahmedabad, India, May Have Been Grossly Undercounted, Say Reports
According to government data, when COVID-19 infections surged in India in April and May of last year, the western city of Ahmedabad officially recorded at least three times as many total deaths in those two months than in the previous… Read More ›
Australia extends sanctions to 14 Russian state owned entities
In a statement Australian Foreign Minister Marise Payn said, Canberra has imposed targeted financial sanctions on 14 Russian state-owned enterprises, including defence-related entities such as Kamaz, a truckmaker, and shipping companies SEVMASH and United Shipbuilding Corp. It has also extended… Read More ›
Scarcity Of Resources From Ukraine Causes Supply Crisis For European Cosmetics
As Russia’s invasion of Ukraine causes significant disruptions in the supply chains for beauty products, European perfume and cosmetics companies are facing shortages of paper, glass, and some critical oils and alcohols, forcing prices upwards amid strong demand. The $500… Read More ›