Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while mixed U.S. inventory data and concerns over slowing Chinese demand also brewed more uncertainty in the market Crude markets were focused squarely on the North Atlantic Treaty Organization’s (NATO) response to a Russian-made missile killing […]
The Ukraine-Russia conflict will require continuing prudent diplomacy and economic planning Russia’s unprovoked assault on Ukraine, which completes six months tomorrow, came at a singularly inopportune time for a world recovering from the economic impacts of a global pandemic. The fact that the conflict shows no signs of ending is worse news as the global […]
Negotiations on a solution to the current war have been postponed, according to Russian and Ukrainian authorities, because the process has reached an impasse. He also stated that Ukraine has not responded to Russia’s draught pact. “Today the negotiation process was suspended. It was suspended because there are no significant changes or upheavals after the […]
India’s product exports increased by 24.2 percent year on year in April to $38.2 billion, the third-highest level ever, because of rising commodity prices despite the ongoing Russia-Ukraine conflict, according to preliminary trade data issued by the commerce ministry on Tuesday. The previous month had seen $42.2 billion in outbound shipments, which was a new […]
European buyers of Russian gas faced a deadline to start paying in roubles on Friday, while negotiations aimed at ending the five-week war were set to resume even as Ukraine braced for further attacks in the south and east. Moscow’s invasion of its neighbor has killed thousands, sent millions fleeing, and galvanized the United States […]
Google has initiated air raid alerts for Android users in Ukraine directly on their phones before expected attacks happen near them. At the request, and with the help, of the government of Ukraine, Google has started rolling out a rapid Air Raid Alerts system for Android phones in Ukraine. “This work is supplemental to the country’s existing air raid alert systems, […]
The World Bank said its executive board on Monday approved a $723 million package of loans and grants for Ukraine, providing government budget support as the country battles a Russian invasion. The package includes a $350 million loan supplement to a prior World Bank loan, augmented by about $139 million through guarantees from the Netherlands […]
Ukraine’s border guard agency says that the Russian military has attacked the country from neighboring Belarus. The agency said that the Russian troops unleashed artillery barrage as part of an attack backed by Belarus. They said the Ukrainian border guards were firing back, adding that there was no immediate report of casualties. Russian troops have […]
