Source link New Western sanctions against Russian metals are a weapon that cuts both ways, Kremlin spokesman Dmitry Peskov has said. The US and UK have targeted Russian-origin aluminum, copper, and nickel, aiming to reduce Moscow’s export revenues. The “illegal” restrictions introduced last week will backfire on the countries that imposed them, Peskov claimed on […]
Source link Microsoft is cutting around 1,900 employees in its gaming unit Activision Blizzard and Xbox this week, CNBC reported on Thursday, citing an internal memo from Microsoft Gaming CEO Phil Spencer. The layoffs, which will eliminate around 8% of Microsoft Gaming’s 22,000 staff, are part of a larger “execution plan” that will reduce “areas […]
Source link Saudi Arabia’s action aims to support the market amid a seasonal drop in demand and concerns about supply overhang Major oil producer Saudi Arabia has cut the February price of crude for buyers in all regions, Reuters and Bloomberg reported on Sunday, citing a company statement. According to the reports, state producer Saudi […]
Source link The government reportedly refused to provide £10 million for housing those fleeing hostilities The Scottish government has refused to allocate £10 million ($12.7 million) to local authorities to help them meet the costs of providing temporary accommodation for Ukrainian refugees, the Daily Record reported on Friday. As a result, officials said they may […]
Source link Just because Washington said it would not be able to fund Ukraine at the same levels as over the past two years doesn’t mean Ukrainians should worry, Foreign Minister Dmitry Kuleba said on Friday. Kuleba took to Instagram after Ukrainian media quoted State Department spokesman Matthew Miller about the expected drop in military […]
Source link Charles Michel will attempt to defuse an ongoing spat with Budapest over Kiev’s bid for EU membership, Politico reported European Council President Charles Michel will return from China ahead of schedule in a bid to save Ukraine’s bid for EU membership, Politico reported on Tuesday. Hungarian Prime Minister Viktor Orban has urged Michel […]
Source link The OPEC+ group of major oil-producing countries led by Russia and Saudi Arabia agreed to deepen production cuts to about 2.2 million barrels per day (bpd) at a meeting on Thursday, according to a statement from the delegates. The group, which accounts for over 40% of global crude production, met to discuss next […]
Source link Angola and Nigeria are reportedly demanding that the organization lets them produce more oil Two African members of the OPEC+ group of oil-producing countries, Angola and Nigeria, have defied the organization’s plans to cut output and demanded that their production quotas be raised, Reuters reported on Thursday. An ensuing dispute forced OPEC+ member […]
Source link Palestinian freelancer Marwat Al-Azza was detained for “incitement” on social media NBC News has parted company with Palestinian journalist Marwat Al-Azza following her arrest by Israeli authorities on Friday for allegedly inciting and disseminating materials encouraging terrorism, the network confirmed on Monday. Al-Azza’s purported support for Hamas consisted of four Facebook posts published […]