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Ukrainian tried to sink Russian superyacht, then returned to Ukraine
... refreshing your browser, or Ostapchuk was released by the judge and returned to Ukraine to fight. His story is a metaphor for what is going on today. The Russian ship of state is listing because of the courage of Ukrainians and the support from the western world. Economic sanctions have been pummelling Russia and are upending its oligarchy and the Kremlin's inner circle. Last week Britain slapped sanctions on Alina Kabaeva , a famous gymnast who is rumoured to be President Vladimir Putin 's mistress and ...
Updated: 05/16/2022
US, EU announce plan to boost chip production
... and Technology Council TTC , a forum created last year to counter China's increasingly powerful position in the technology sector. The EU and US officials have accused Moscow of being an all-out attack on the truth, accusing Moscow of trying to blame Western sanctions for food shortages in Asia and Africa. EU competition commissioner Margrethe Vestager said at a press conference in Saclay , a technology hub south of Paris, that the Russian invasion is spreading across the world. The TTC , which held its first meeting in Pittsburgh last September, has working groups that cover issues from Artificial Intelligence to export controls, as well as other practical actions that could include funding or other support to promote ...
Updated: 05/16/2022
Asian wheat importers scramble to find alternative sources
... weekend in a bid to keep a lid on soaring domestic prices. Importers, especially in Asia, were banking on wheat from India, the world's second-biggest producer, after Russia's Feb. 24 invasion of Ukraine. Russia and Ukraine are responsible for about 30% ... ... exports are severely hampered because of the war, which has forced it to close its ports, while Russia's exports have been hit by Western sanctions. Asian importers are likely to be in deep trouble. India was the Ukraine's alternative to Russia for feed wheat....
Updated: 05/16/2022
Russian bank MKB gets gold export licence to offset sanctions
... sanctions. The major operators of the gold market in Russia and its largest lenders - Sberbank and VTB - have been hit by harsh Western sanctions imposed on Moscow after it sent tens of thousands of troops into Ukraine on February 24. MKB has a focus on ... ... and assessing the prospects for the development of our business, including the precious metals business. Russia is one of the world's largest producers of gold along with Australia and China. The finance ministry said that the gold production from mines ...
Updated: 05/16/2022
US, EU announce plan to boost chip production, combat Russian disinformation
... world. Margrethe Vestager , European Commissioner for Competition, said we see the damage from the Russian invasion all over the world. The council said practical actions could include funding or other support to promote access to trustworthy and fact-based ... ... for disruptions in the supply of semiconductors, which are used to make chips, in order to avoid excessive competition between Western powers. The chip industry has suffered from a shortage of components, blamed for a boom in global demand for electronic ...
Updated: 05/16/2022
Putin says Russian soldiers fighting for motherland during WWII victory parade
... fighting for the motherland, for her future, and so that nobody forgets the lessons of World War II , so there is no place in the world for executioners, killing squads and Nazis. Russia's intervention in Ukraine was needed because the West was preparing for ... ... state will do everything to take care of these families. There were no major political announcements, despite speculation from Western media that Putin might use the occasion to announce a mobilization of reservists for the war in Ukraine or proclaim a ...
Updated: 05/16/2022
World leaders offer congratulations to UAE's Sheikh Mohamed
... and British counterparts Sunday as world leaders offered congratulations and paid tribute to his late predecessor Macron. The United Arab Emirate's new president, Sheikh Mohamed bin Zayed Al Nahyan, met his French and British counterparts Sunday as world leaders offered congratulations and paid tribute to his late predecessor. French President Emmanuel Macron was the first of a number of Western leaders to meet the long-time de facto ruler of the Gulf state, who was appointed on Saturday, a day after the death of his ailing half-brother Sheikh Khalifa, on the maiden foreign trip of his second term. He was followed by British Prime Minister ...
Updated: 05/15/2022
Saudi Aramco reports record profits after Russia sanctions
The firm said in a press release that it had been boosted by higher prices and an increase in production. The firm said in a press release that it had been boosted by higher prices and an increase in production. Russia is one of the world's biggest exporters, but Western nations have pledged to cut their dependence on the country for energy. Before the Ukraine war , oil prices were already rising as economies started to recover from the Covid epidemic and demand outstripped supply. Other energy firms such as ...
Updated: 05/15/2022
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