Source link Central bankers’ continued fight to bring rampant inflation under control could plunge developed countries into recession next year, the Organization for Economic Co-operation and Development (OECD) has warned. According to its global outlook, issued earlier this week, the tightening of monetary policy since early 2022 is slowing domestic demand growth, while interest rates […]
Source link Pyongyang says it’ll retaliate and target American spacecraft if Washington interferes with North Korea’s spy satellite Pyongyang will view any interference with its recently-launched satellite as a declaration of war and will respond accordingly, a spokesperson for the North Korean Ministry of Defence warned on Saturday. The statement followed a comment by the […]
Source link The EU has significantly increased imports of Russian grain despite the bloc’s sanctions against the country, news outlet RIA Novosti reported on Saturday, citing European statistics agency Eurostat. According to the report, in September the EU increased imports of Russian grain by 22% month-on-month to 180,000 tons, roughly ten times what had been […]
Source link The media outlet, citing unnamed officials, claims Washington has given its ally 100 of the 2,000-pound munitions since October 7 The US has supplied Israel with scores of BLU-109 bunker-buster bombs since October 7, the Wall Street Journal has reported, citing anonymous officials. The media outlet pointed out that President Joe Biden’s administration […]
Source link More than 6,000 Palestinian children have been killed in Gaza since the Hamas-led attack on Israel A spokesperson for UNICEF has condemned the mass killings of children in Gaza during the Israel-Hamas conflict, and called on “those with influence” to put an end to the conflict. James Elder posted an emotional video on […]
Source link The UK spends more than any other European country on financing structural inequality in favor of the rich, the latest research by the Organization for Economic Co-operation and Development (OECD) has found. According to the report, Britain spends £106.2 billion ($133.8 billion) annually to subsidize income, wealth, and power inequalities compared with the […]
Source link The US and its allies are reportedly pressuring several countries to ensure Russian tankers don’t sail under their flags Western states are pressuring Liberia, the Marshall Islands, and Panama to boost checks of ships sailing under their flags to ensure they are not used to help Russia bypass sanctions, Reuters reported on Friday, […]
Source link China and other growing economies are catching up with the US, Dmitry Peskov says The American-centric world is coming to an end, giving way to a new period of diversity in economics and other areas of international relations, Kremlin Press-Secretary Dmitry Peskov has said. Peskov made the remarks on Sunday, in response to […]
Source link Singapore and Zurich are the world’s most expensive cities this year, the Economist Intelligence Unit (EIU), the research and analysis branch of The Economist Group, revealed in its Worldwide Cost of Living survey released this week. Singapore maintained its position as the world’s most expensive city for the ninth time in the last […]
Source link As sanctions, cyberattacks, and surveillance are increasingly used by some powers to prevail over others, poorer countries should combine strength to pave their digital futures without any sovereignty risks By Arvind Gupta, Head and Co-Founder of Digital India Foundation, a policy think tank working in the areas of technology policy, digital inclusion, ethics […]
Source link Walmart stops advertising on X, adding to growing list of companies distancing themselves from the platform US retail giant Walmart has announced it is suspending advertising on X (formerly Twitter), becoming the latest major brand to abandon the platform. Corporations including Apple, Coca Cola and Disney have halted their paid ads on X […]
Source link The European Union may unveil a proposal to tax profits from more than €200 billion ($218 billion) of frozen Russian central bank assets in order to help rebuild Ukraine, Bloomberg reported this week. A person familiar with the discussions told the outlet that the plan, which is expected to be released on December […]
Source link Prosecutors say the suspect claimed that his actions had “symbolic” ties to the Black Lives Matter movement The inmate who stabbed former Minneapolis policeman Derek Chauvin 22 times in prison has been indicted for attempted murder, prosecutors said. The ex-cop targeted in the attack was previously convicted for the on-duty killing of George […]
Source link The success occurred less than two week after Pyongyang put its reconnaissance craft into orbit South Korea successfully launched its first domestically made military spy satellite on Friday, amid tensions with its northern neighbor. The satellite carried by a SpaceX Falcon 9 rocket was launched from Vandenberg Space Force Base in California. It […]
Source link Atlanta police say the move was “likely an extreme act of political protest,” but not linked to terrorism A demonstrator suffered severe injuries after setting themselves ablaze near the Israeli consulate in Atlanta, Georgia, according to local law enforcement. The head of the diplomatic mission later denounced the protest as an example of […]