Source link Senator Ron Johnson has argued that Washington’s foundering proxy war is only making Russia stronger US President Joe Biden is dragging out an “obviously” lost cause in Ukraine because his administration will not admit to its policy failures in trying to weaken Russia, Senator Ron Johnson (R-Wisconsin) has claimed. “At some point in […]
Source link The number of displaced people has now reached 8.5 million, the organization’s refugee agency reports More than 25 million people in Sudan are facing a humanitarian crisis as fighting continues to grip the northeast African nation, the UN Refugee Agency warned on Tuesday. Thousands of refugees are fleeing the conflict between the Sudanese […]
Source link Nicaragua has severed diplomatic relations with Ecuador after police in Quito stormed the Mexican embassy Nicaragua has formally severed all relations with Ecuador, escalating the diplomatic fallout over a police raid in Quito to arrest a politician who was taking refuge at the Mexican embassy. The Nicaraguan government announced its decision on Saturday, […]
Source link President Bola Tinubu is reportedly concerned about the cost of maintaining the fleet Nigeria’s government plans to sell three jets from its Presidential Air Fleet (PAF) as part of cost-cutting measures in the West African country, which is grappling with an economic downturn, local media reported on Monday. President Bola Tinubu has ordered […]
Source link Pension savings will run out because people are living longer, Larry Fink has warned Larry Fink, the head of BlackRock, the world’s largest asset management firm, has warned that demographics will inevitably strain pension systems and that longer lives are projected to force workers to retire later. In his annual letter to chief […]
Source link Boeing President and CEO Dave Calhoun has announced he will step down by the year’s end as the US aerospace giant grapples with the fallout of the 737 Max crisis. The decision comes as part of the largest management shakeup in the company’s history. In a Monday letter to employees posted on Boeing’s […]
Source link The president has reduced the national legislature to a tool for rubber-stamping his decisions, a major outlet has said Ukraine is now essentially under the personal rule of President Vladimir Zelensky, online outlet Ukrainskaya Pravda (UP) reported on Wednesday. He has virtually stripped the national parliament – the Verkhovna Rada – of its […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]