Psaki Refuses To Answer If Biden Owns An Electric Vehicle, Says Presidents ‘Don’t Do A Lot Of Driving’ Thomas Catenacci on March 10, 2022 White House press secretary Jen Psaki …
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Russia to pay external debt in roubles if forex accounts remain blocked, TASS says
by Reutersby Reuters– Russia will service its external obligations in roubles if foreign exchange accounts of the central bank and the government remain blocked by the western sanctions, Finance Minister Anton Siluanov …
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– The Russian government has banned exports of cars, airplanes and drones until the end of this year, the Russian TASS news agency said on Thursday. Earlier on Thursday, Russia …
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– Warner Music Group said Thursday it is suspending operations in Russia, as all three major labels have issued a call for an end to the violence in Ukraine. Warner …
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BEIRUT – A hole in Lebanon’s financial system estimated at $69 billion in September is expected to grow to $73 billion, and losses in the central bank reserve will increase …
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La Nina conditions to prevail through summer, says U.S. weather forecaster
by Reutersby Reuters– There is a 53% chance of La Nina conditions during June-August 2022 continuing during the Northern Hemisphere summer, a U.S. government weather forecaster said on Thursday. The La Nina …
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IMF chief says Africa vulnerable to higher food, fuel prices due to Ukraine war
by Reutersby ReutersWASHINGTON – Africa’s economic outlook is particularly vulnerable to higher food and fuel prices prompted by Russia’s invasion of Ukraine, as well as to reduced tourism revenues and diminished access …
- Financial News
Russia says China refuses to supply aircraft parts after sanctions
by Reutersby Reuters– China has refused to supply Russian airlines with aircraft parts, an official at Russia’s aviation authority was quoted by Russian news agencies as saying on Thursday, after Boeing and …
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Russia to pay a price for Ukraine invasion, says U.S. VP Harris
by Reutersby ReutersWARSAW – U.S. Vice President Kamala Harris will discuss issues with Poland that will force Russia to pay a price for its invasion of Ukraine, she said on Thursday during …
- US and World News
Russia Admits To Using Thermobaric Bombs In Ukraine, Sucking Oxygen From Air, UK Says
Russia Admits To Using Thermobaric Bombs In Ukraine, Sucking Oxygen From Air, UK Says Sebastian Hughes on March 9, 2022 Russia has admitted to using thermobaric bombs in its attacks …
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BlackRock’s Fink says Russia essentially cut off from global capital markets
by Reutersby Reuters– Russia has essentially been cut off from global capital markets as western companies and investors increasingly shun doing business in the country following its invasion of Ukraine, BlackRock Inc …
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Citigroup says operating Russia consumer business on ‘more limited basis’
by Reutersby ReutersNEW YORK – Citigroup Inc said on Wednesday it is operating its Russian consumer business on a more limited basis following the country’s invasion of Ukraine, while sticking with its …
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By Leika Kihara TOKYO -Japan is unlikely to slide into stagflation, a condition where rising inflation and shrinking economic growth co-exist, a senior central bank official said on Wednesday. With …
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Oil, commodities price shock could cost over 4% of global GDP, Trafigura says
by Reutersby ReutersBy Julia Payne LONDON – Soaring prices of commodities from oil to wheat in the wake of Russia’s invasion of Ukraine could cost the global economy the equivalent of at …
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Rep. Scalise Says Biden Is ‘Begging’ Dictators For Oil While Ignoring American Energy
Rep. Scalise Says Biden Is ‘Begging’ Dictators For Oil While Ignoring American Energy Samantha Renck on March 8, 2022 In a discussion with the Daily Caller News Foundation’s Samantha Renck …
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Vaccines, Masks, Staying At Home Did Not Make Major Difference In COVID Rates, NYT Says
Vaccines, Masks, Staying At Home Did Not Make Major Difference In COVID Rates, NYT Says Laurel Duggan on March 9, 2022 The New York Times said vaccinations, booster shots and …
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– AT&T’s WarnerMedia unit will pause all new business in Russia in response to the invasion of Ukraine, WarnerMedia CEO Jason Kilar said in a note to staff on Wednesday. …
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McDonald’s says Russia store closures to cost $50 million per month
by Reutersby Reuters– McDonald’s Corp said on Wednesday the temporary closure of its 847 stores in Russia will cost the fast food chain about $50 million a month. The company said on …
- Financial News
Swiss SIX says hacks spiked at start of Russia invasion of Ukraine
by Reutersby ReutersZURICH – Swiss stock exchange operator SIX saw an increase in hacker attacks around the start of Russia’s invasion of Ukraine last month, its chief executive Jos Dijsselhof said on …
- Financial News
Russia must prioritize domestic grain supplies for bread, PM says
by Reutersby ReutersMOSCOW – Russia must prioritize grain supplies to domestic bakeries over export markets, Prime Minister Mikhail Mishustin said as he unveiled fresh measures to support the domestic economy on Wednesday …
- US and World News
Taiwan says China is too busy with party congress to raise tensions now
by Reutersby ReutersTAIPEI – China is too busy with ensuring stability for a key Communist Party congress at the end of the year where President Xi Jinping will likely get a third …
- US and World News
Canada will send Ukraine another shipment of military equipment, Trudeau says
by Reutersby Reuters– Canadian Prime Minister Justin Trudeau on Wednesday said he told Ukrainian President Volodymyr Zelenskiy in a call that Canada will send Ukraine another shipment of highly-specialized military equipment. Trudeau …
- US and World News
Iran says Israel will pay for Syria attack that killed 2 Revolutionary Guards
by Reutersby ReutersDUBAI -Iran said on Wednesday that an Israeli air strike in Syria that killed four people including two Iranian Revolutionary Guards officers would be avenged. Syrian state media said the …
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Aramco CEO says Ukraine invasion has accelerated global energy crisis
by Reutersby Reuters-Saudi Aramco CEO Amin Nasser said the “tragic situation unfolding in Ukraine” is making the global energy crisis worse, according to prepared remarks delivered at an industry conference Tuesday. Nasser, …
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World Bank official says war-driven oil price hikes to slash growth for big importers
by Reutersby ReutersWASHINGTON – Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point off the growth off large oil-importing developing economies like China, Indonesia, South …