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 & 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 ›
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 ›
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 ›
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 ›
After fuel costs skyrocketed during the first full month of the Ukraine war, the US inflation rate hit a new 40-year high in the year to March. Following a double-digit jump in energy prices, consumer prices increased by 8.5 per… Read More ›
Following a decline in its foreign currency reserves, Nepal has imposed import restrictions on non-essential products such as vehicles, cosmetics, and gold. It comes as the government’s debt has risen due to a drop in tourism expenditure and money returned… Read More ›
On Monday, in a significant development, Russian Finance Minister Anton Siluanov said, Moscow will initiate legal steps if the United States tries to force it to default on its sovereign debt. “Of course we will sue, because we have taken… Read More ›
As the world’s second largest economy battles an outbreak of diseases, tourism spending in China plummeted over this week’s Qingming festival. Official numbers reveal that tourists spent more than 30% less during the major three-day holiday than they did at… Read More ›
Russia’s invasion of Ukraine has significantly increased the price of commercial fertilizers. Nearly two decades ago, Abe Sandquist had to really wrack his brain on how he could sell cow dung. He had to work really hard to convince farmers… Read More ›
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