Airlines are now trying to assess the future and fate of air travel in Europe given the crisis in Ukraine. This crisis is hardly what airlines wanted as it comes as another stumbling block for the European airline industry wihch is… Read More ›
Sustainability
China Eases Restrictions For Importing Of Russian Wheat
China has eased limits on Russian wheat imports, potentially alleviating food security worries in the world’s second largest economy while also reducing the impact of Western sanctions on Russia. The decision to allow wheat imports from all areas of Russia… Read More ›
Preparing to comply with sanctions on Russia : SWIFT
In a statement the SWIFT international payments system said, it was preparing to implement new sanction measures by Western countries targeting select Russian banks in coming days. “We are engaging with European authorities to understand the details of the entities… Read More ›
Russia To Suffer Severe Hit By The SWIFT Ban; Yet, There Is Still Opportunity For Tightening
The decision by Western allies on Saturday to restrict “selected” Russian banks from the SWIFT payments system would not only deal a catastrophic economic blow to Russia, but will also cause significant pain to their own businesses and institutions. And… Read More ›
Russia’s invasion of Ukraine puts Biden’s leadership to the test
On Thursday, Russian President authorized on what he called a “special military operations” into the Donbass region of Ukraine triggering the highest ever US-Russia tensions since the cold war. Putin ordered the deployment of the Russian military into Ukraine despite… Read More ›
The West Is Imposing Sanctions, Russia Shifting Trade Towards China
If there is any escalation or military activity in Ukraine by Russia, the United States will impose a much broader range of sanctions against Moscow, with the goal of preventing critical Russian financial institutions and companies from using the US dollar for transactions, as… Read More ›
Impossible to quickly replace Russian LNG supplies to Europe: Qatar
In a statement Qatar’s energy minister said, not a single country, including Qatar, has the capacity to replace Russian gas supplies to Europe with liquefied natural gas (LNG) in the event of disruption due to a conflict between Russia and… Read More ›
Oil Prices Move Up On Supply Fears Emerging From Ukraine-Russia Tensions
Fears that the Ukraine-Russia crisis would impair global supplies are driving up oil and gas prices. On Tuesday, the price of Brent oil, a global benchmark, hit a seven-year high of $99.38 a barrel. After recognizing two rebel-held territories in… Read More ›
Women Now Hold About 40% Of Board Seats In UK FTSE 100 Companies
According to a government-backed analysis, women currently hold nearly 40 per cent of board posts at the UK’s largest companies. According to the FTSE Women Leaders Review, 414 women served on the boards of FTSE 100 companies last year, up… Read More ›
De Beers CEO Predicts Steady Supply Of Natural Diamonds And Moderate Industry Growth
The global supply of natural diamonds has reached its highest point and it is likely to stay constant over the next several decades, according to the CEO of mining behemoth De Beers. The executive of the global diamond seller also predicted that the industry will expand… Read More ›
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