A day after Russia ordered LNG purchasers from unfriendly countries to pay for Russian LNG deliveries in Rubles, German utilities opined that Germany needed an early warning system to tackle any potential gas shortages raising the risk of a supply… Read More ›
Sustainability
Asian Gas Purchasers Are Perplexed By Putin’s Demand For Payment In Rouble
On Thursday, Asian importers of Russian gas scrambled as Russian President Vladimir Putin declared “unfriendly” countries must pay in roubles for Russian gas, the latest jolt to global energy markets following Moscow’s invasion of Ukraine. On the list of unfriendly… Read More ›
Is It Possible For Companies Exiting Russia To Make Up Losses Through Insurance?
Hundreds of corporations, including Shell Plc, Hyundai Motor Co, and PwC, a worldwide professional services organisation, have said that they are withdrawing or halting activities in Russia as a result of the country’s invasion of Ukraine. The following are some… Read More ›
Debt Payments Are Proving Difficult For Russian Sanctions-Linked Companies
Investors were on pins and needles as coupon payments to international holders of Russian debt obligations tied to sanctioned oligarchs hit a snag due to Western sanctions prompted by Moscow’s invasion of Ukraine. According to a source close to the… Read More ›
Russia Ukraine conflict fuels wheat futures prices, other commodities also affected
With the Russian invasion of Ukraine driving up global wheat futures, Vance Ehmke, a U.S. farmer, was eager to sell his grain. Local prices surged by nearly 30% to around $12 a bushel, the highest Ehmke could recall in 45… Read More ›
Japan’s Suzuki Will Invest $1.4 Billion In An Electric Vehicle Manufacturing In India.
Electric vehicle industry of India got a huge boost with the announcement of an investment of 104.4 billion rupees ($1.37 billion) in the country by Japan’s Suzuki Motor in its factory in the country to make electric vehicles (EVs) and… Read More ›
India’s Oil Imports From The US Are Expected To Climb, In The Face Of Criticism Of Russian Purchases
India’s oil imports from the United States will increase by 11% this year, according to officials, as the critically energy-short country seeks supplies from producers throughout the world, including Russia, which has been extensively sanctioned. Following Russia’s invasion of Ukraine… Read More ›
Third Straight Rate Hike by Bank of England Citing Inflation Concerns Due To Ukraine War
The Bank of England has announced raising of interest rates on Thursday, which is the third time in a row, as the central bank pointed out towards the likelihood that the Russia-Ukraine war keeping rate of inflation high in the… Read More ›
Increase In Covid Cases Globally Is ‘Tip Of The Iceberg’, Warns WHO
The WHO has said that that figures showing a global increase in Cpvod-19 infections could signal a far bigger problem because some countries are reporting a decline in testing rates, urging countries to be cautious against the virus. Covid instances… Read More ›
COVID-19 curbs at Chinese ports threaten to whiplash global supply chain
With the coronavirus induced COVID-19 infections spreading in China, the length of container ships queued up outside major Chinese ports are increasing by the day with outbreaks in manufacturing export hubs threatening to unleash a fresh wave of global supply… Read More ›