Analysts have warned that the possibility of a recession has increased after the UK economy fell in March, just as the country was recovering from the pandemic. Higher prices are “starting to bite,” according to the UK statistics authority, with… Read More ›
Geopolitics
Italian institutions under cyberattack by pro-Russian hackers
As per a report from ANSA news agency, pro-Russian hackers have attacked websites of several Italian institutions, including the senate. A hacker group called “Killnet” has claimed responsibility for attacking Italy’s National Health Institute (ISS) as well as the Automobile… Read More ›
Finland’s President Sauli Niinisto expected to greenlight Finland joining NATO
Finland’s President Sauli Niinisto is expected to give a go-ahead to Helsinki joining the NATO military alliance, marking a major shift in security policy. Finland, which shares a 810 mile (1,300 km) border with Russia, has gradually stepped up its… Read More ›
India Reports Record Sale Of Wheat In April At 1.4 Mln Tonnes Amid Ukraine Crisis
According to reports quoting trade sources, India exported a record 1.4 million tonnes of wheat in April, bringing some relief to grain markets as buyers hunt for alternatives to Black Sea supply hit hard by the Ukraine conflict. The first month… Read More ›
Amid A Worldwide Supply Problem, Malaysia May Halve Its Palm Oil Export Tariff
Malaysia’s commodities ministry has proposed halving the export tariff on palm oil to help alleviate a worldwide edible oil shortfall and boost the country’s market dominance. In an interview with Reuters on Tuesday, Plantation Industries and Commodities Minister Zuraida Kamaruddin… Read More ›
Lack Of Disease Treatment Cause Of Death For At Least 3,000 In Ukraine: WHO
At least 3,000 people have died in Ukraine as a result of a lack of access to chronic disease medications, according to the World Health Organization’s European leader. According to Hans Kluge, a WHO official who spoke at a regional… Read More ›
SoftBank Expected To Post Hefty Vision Fund Loss Due To Tech Sell-Off
SoftBank Group Corp of Japan is expected to disclose a devastating loss at its Vision Fund investment unit on Thursday, according to analysts, after investors sold off the fund’s high-growth firms on concerns about their profits potential. With the technology… Read More ›
Research Shows Four-Fifths Of EM Funds Are Still Invested In Russian Stocks
According to Copley Fund Research, fewer than a fifth of actively managed developing market equities funds have reduced their exposure to Russian companies to zero, with a handful of funds unwilling to sell completely. After Western nations implemented sweeping sanctions… Read More ›
Bulgaria will veto EU’s proposed ban on Russian crude, if not provided exemption: Deputy Prime Minister
In a statement, Bulgaria’s Deputy Prime Minister Assen Vassilev said, Sofia will not support the European Union’s new sanctions on Russia if it does get an exemption on Russian energy imports. While talks among EU governments are moving closer towards… Read More ›
EU ready to restart negotiations on Northern Ireland protocol
In a statement, the European Union’s envoy to Britain said, the bloc is ready to restart negotiations on the Northern Ireland protocol after a pause following a recent election; it however made it amply clear that will not overhaul clauses… Read More ›