Source link New Delhi discovers multipolarity as the conflict highlights the serious limitation of Western influence over the “third world” and hastens the collapse of American supremacy Just as 9/11 legitimized an era of American global expansionist policymaking since 2001, the Ukraine crisis of 2022 might well signal the end of unipolarity once and for […]
Tag: crisis
International Weightlifting Federation in ‘crisis’ – Russia — RT World News
Source link The sport risks losing its Olympic status due to the leadership’s manipulation, the RWF has said The International Weightlifting Federation (IWF) is going through a deep crisis caused by the corruption and manipulation of its former leadership, which it has failed to eradicate, the Russian Weightlifting Federation (RWF) has recently warned. Various international […]
Most UK exporters hit by Red sea crisis – survey — RT Business News
Source link Attacks on ships by Yemen’s Houthi rebels have caused a surge in costs and lengthy delays Over half of British exporters and manufacturers have faced problems due to shipping disruptions in the Red Sea caused by attacks on vessels by Yemen’s Houthi rebels, according to a new survey by the British Chambers of […]
Shipping giant warns of prolonged Red Sea crisis — RT Business News
Source link Maersk suspended vessel transits via the key trade route in January due to attacks by Houthi rebels Danish shipping major AP Moller-Maersk is advising customers to prepare for a prolonged Red Sea crisis that could stretch well into the second half of this year, CNBC reported this week. The second-largest global ocean carrier […]
Red Sea crisis not yet having ‘significant’ impact on global economy – IMF — RT Business News
Source link The shipping disruptions are pressuring prices but not to the point that inflation projections should be hiked, Kristalina Georgieva says The Houthi rebel attacks on vessels in the Red Sea have had a significant impact on insurance and shipping rates, but have so far not affected global economic growth prospects, Kristalina Georgieva, the […]
Germany facing ‘greatest real estate crisis’ in 15 years – bank — RT Business News
Source link Deutsche Pfandbriefbank has become the latest lender to put away more provisions for its commercial property loan book Deutsche Pfandbriefbank, a German bank focused on commercial real estate, has become the latest lender in the country to report having put aside more provisions for its loan portfolio amid what it calls the worst […]
Red Sea crisis spurring demand for rail freight via Russia – CNBC — RT Business News
Source link Major shippers have stopped using the vital maritime route due to the ongoing Houthi attacks The Houthi rebel attacks on vessels in the Red Sea have spurred burgeoning interest in alternative routes such as the China-Europe rail route that runs through Russia’s Far East, CNBC reported on this week. Companies that organize the […]
Red Sea crisis exposing EU energy weakness – FT — RT Business News
Source link Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday. The rising prices reflect concerns among traders […]
Fuel tanker costs surge on Red Sea crisis – Bloomberg — RT Business News
Source link Houthi attacks in the waterway have prompted many companies to redirect vessels to longer and more expensive routes The cost of shipping fuel by sea has in some cases soared above $100,000 a day due to continued disruptions in the Suez Canal and Red Sea caused by attacks by the Houthi rebels, Bloomberg […]
Red Sea crisis could re-ignite inflation – media — RT Business News
Source link Prolonged Houthi attacks on ships risk devastating effects on the global economy, according to OilPrice Higher freight costs and delays in cargo deliveries amid the Red Sea crisis could drive up global inflation, according to an OilPrice report this week, citing analysts. The disruptions to global trade caused by continued Houthi attacks on […]
Shipping giant abandons Red Sea route amid Houthi crisis — RT World News
Source link Maersk has suspended operations in the region after militants fired at two of its vessels The US branch of Danish shipping giant Moller-Maersk has said it will follow its parent company and stop sending merchant vessels through the Suez Canal and Red Sea due to attacks by the Yemen-based Houthis. The Houthis – a […]
India pitches for ‘sustainable solution’ to Gaza crisis — RT India
Source link The Indian foreign minister has warned against the Israel-Hamas war spilling into other parts of the Middle East New Delhi on Friday stressed that the “humanitarian crisis” in Gaza, currently under siege by Israeli troops, needs a “sustainable solution” for “immediate relief.” It urged the 120 member states of the Non-Aligned Movement (NAM) […]
Red Sea crisis worse for global supply chain than pandemic – maritime firm — RT Business News
Source link Houthi rebel attacks on container ships have reduced traffic through the Suez Canal The ongoing disruption to shipping in the Red Sea is more damaging to global supply chains than the impact of the Covid-19 pandemic, according to data from maritime advisory firm Sea-Intelligence. Yemen-based Houthi rebels have carried out dozens of drone […]
Prosecutor probing Ecuador hostage crisis assassinated (VIDEO) — RT World News
Source link The official was gunned down in broad daylight by assailants with suspected links to organized crime The Ecuadorian prosecutor tapped to investigate last week’s dramatic assault on a local television studio has been shot dead, according to the country’s attorney general. The TV station takeover was broadcast live on air, with several employees […]
Trump renews vow to quickly end Ukraine crisis — RT World News
Source link After winning Iowa’s Republican Caucuses, the ex-US president has claimed he can achieve “peace through strength” Donald Trump has marked the first victory in his campaign to reclaim the US presidency by reiterating a boast that he will quickly end the Russia-Ukraine conflict when he returns to the White House. Speaking after securing […]