Source link Big brands have warned about supply shortages due to the shipping disruption through the Suez Canal The disruption of cargo ships in the Red Sea due to attacks by Houthi militants from Yemen is causing global shippers to redirect vessels, potentially leading to increased prices for goods. Swedish furniture giant IKEA announced this […]
Source link The seizure of Moscow’s assets would be seen as a “very dangerous precedent” by US partners, Konstantin Kosachev has said A White House proposal to seize frozen Russian funds and use them to help Ukraine is not only illegal, but also incredibly dangerous, as it could shatter the entire global financial system, according […]
Source link Nawaz Sharif says country’s woes should not be blamed on India, the US, or Afghanistan Former Prime Minister of Pakistan Nawaz Sharif has blamed internal issues, including military interference in politics and governance, for the country’s deep economic crisis as he seeks another term as PM in next year’s general elections. Sharif was […]
Source link Overdose-related deaths are the highest they’ve ever been in the UK, and a super-strong new drug is hitting the streets Major cities in the UK may risk facing a similar epidemic of synthetic opioid deaths as in the US, a top police chief told the Telegraph on Wednesday. The epidemic of drug overdoses […]
Source link Moscow fulfills its gas export obligations, including transit through Ukraine, the president has said Accusations that Russia has stopped natural gas supplies to the EU are “complete nonsense,” President Vladimir Putin stated on Thursday. The decline in gas exports to the bloc which resulted in a protracted energy crisis is not the fault […]
Source link An industry group expects the sector to be hit by a drop in prices, sanctions and Western import duties Russia’s Aluminium Association has issued a grim warning for the industry as it faces Western sanctions, tariffs and a drop in prices for one of the world’s most widely used metals. In its latest […]
Source link A Pentagon official has claimed that failure to pass a new budget would hurt recruiting and block new projects Funding for America’s troops will be jeopardized if US lawmakers continue to rely on stopgap funding measures, rather than passing a new Pentagon budget, Chairman of the Joint Chiefs of Staff Charles Brown Jr. […]
Source link Aiding Kiev is of “existential importance” to Europe, the German chancellor has said Germany’s economy needs to be modernized in order to be prepared for unexpected crises in the future, Chancellor Olaf Scholz said in his address to parliament on Tuesday. A recent Constitutional Court ruling blocked the government’s plans to divert unused […]
Source link The US and its allies are clinging to their crumbling hegemony by waging a “hybrid war” against Russia, Yury Ushakov has said The Ukraine crisis was sparked by NATO’s stubbornness and reluctance to address Moscow’s security concerns, Yury Ushakov, a senior foreign policy aide to Russian President Vladimir Putin, has said. Speaking at […]
Source link Rome wants Tunisia and Libya to facilitate the return of illegal migrants jointly Italian Interior Minister Matteo Piantedosi has requested that Libya and Tunisia set up a joint control room to oversee the implementation of measures to facilitate the voluntary return of illegal migrants to their home countries. The two North African countries […]
Source link Chancellor Olaf Scholz’s government is “completely helpless,” head of Bavaria Markus Soeder says German Chancellor Olaf Scholz and his cabinet have led Germany into a “serious national crisis,” Markus Soeder, the prime minister of the nation’s most populous state, Bavaria, told journalists on Saturday. Berlin can now hardly find a way out of […]
Source link Geopolitical tensions and supply challenges could have a direct impact on gas prices, according to an Oilprice report The start of the peak consumption season in the EU amid rising demand from Asia could drive up prices for natural gas on the continent despite ample supply of liquified natural gas (LNG) globally, Oilprice […]
Source link The UN food agency has warned it may halt operations in the Sahel nation due to inadequate funds Chad is facing a refugee crisis due to an influx of people fleeing violence in neighboring Sudan, the UN reported on Tuesday, adding that the landlocked country is now home to one of Africa’s largest […]
Source link The US has dropped trade restrictions against a Chinese institute to win Beijing’s support on halting the flow of fentanyl President Joe Biden’s administration has dropped trade restrictions against the Chinese government’s forensic science institute as part of a push to persuade Beijing to help block the trafficking of fentanyl and its precursor […]
Source link Moscow’s policy is shaped by its confrontation with the West in Ukraine, forcing it to establish closer ties with countries that empathize with Hamas The acute crisis in Palestine came as a surprise to everyone – both those who were directly involved and external players. For years, the long-standing conflict was considered frozen and […]