In a statement NetBlocks, an internet service disruption monitor, said, Moscow has re-routed internet traffic in the occupied Ukrainian region of Kherson through Russian communications infrastructure. The move is aimed at tightening Russia’s grip on a region where it has… Read More ›
According to two EU officials, the European Commission may exempt Hungary and Slovakia from an European embargo on Russian oil, given their dependence on Russian crude. The European Commission is expected to finalise a sixth package of EU sanctions against… Read More ›
Ahead of the crucial summer tourist season, Greece has lifted its COVID-19 restrictions for foreign and domestic flights, said its civil aviation authority in a statement. Athens hopes to see revenues from tourism bounce back from the pandemic slump. To… Read More ›
In a statement Brazilian lender Itau Unibanco said, it has acquired a 11.36% stake in XP Inc a brokerage house, for around $1.61 billion (8 billion reais). In a securities filing, XP Inc said, the purchase does not change its governance… Read More ›
On Friday, according to preliminary EU-harmonised data inflation in France, fuelled by surging energy prices touched a record high in France in April, applying fresh pressure on newly re-elected French President Emmanuel Macron. In a statement, the INSEE statistics agency… Read More ›
On Friday, oil traders opined, Saudi Arabia is likely to cut crude oil prices to Asia in June following a slump in demand from China, which is seeing increasing COVID lockdowns which are curbing demand. China is the world’s biggest… Read More ›
In a significant development German Chancellor Olaf Scholz said, Berlin seeks closer relations with countries that shares its common democratic values in the Asia-Pacific region. Scholz is scheduled to visit Japan and will skip going to China, during his first… Read More ›
In a statement to a British parliamentary committee, Britain’s Europe minister James Cleverly said, London and Brussels are at an impasse over changes to parts of the Brexit deal that relate to Northern Ireland. Both sides have been trying to… Read More ›
In a statement the office of USTR said, United States Trade Representative Katherine Tai met World Trade Organization Director General Ngozi Okonjo-Iweala and discussed ongoing talks among WTO Members to reach an outcome on a pandemic response. “Ambassador Tai stressed… Read More ›
Indonesia ban on palm oil is affecting South Korean businesses. For more than 15 years, Mr Lee’s diner, a fried chicken shop near central Seoul, has held firm against raising prices, the export ban on Indonesia’s cooking oil is squeezing… Read More ›
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