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"We'll ensure the most vulnerable businesses continue to be supported after that," said British PM Liz Truss
Germany also took control of a Russian-owned oil refinery, which supplies 90% of capital's fuel, putting a Rosneft unit under the trusteeship of industry regulator and taking over Schwedt plant
GAIL has come under pressure since it is not receiving contracted liquefied natural gas (LNG) cargoes and it is being forced to buy LNG at much higher prices
JPMorgan Chase's Jamie Dimon said consumers continued to be in 'rather good shape', but there is a chance of a mild recession which could be worse depending on the course of Russia's war in Ukraine
President Joe Biden said Wednesday that Russia has shamelessly violated the core tenets" of the United Nations charter with its brutal, needless war in Ukraine. Delivering a forceful condemnation of Russia's invasion to the international body, Biden said reports of Russian abuses against civilians in Ukraine should make your blood run cold. He also said Russian President Vladimir Putin's new nuclear threats against Europe showed reckless disregard for his nation's responsibilities as a signatory of the Treaty on the Non-Proliferation of Nuclear Weapons. We will stand in solidarity against Russia's aggression. Period, Biden said.
President Joe Biden on Wednesday is announcing $2.9 billion in global food security aid to address shortages caused by Russia's invasion of Ukraine and the effects of climate change. The White House says Biden will use his speech at the UN General Assembly to announce the funding, which includes $2 billion in direct humanitarian assistance through the United States Agency for International Development. The balance of the money will go to global development projects meant to boost the efficiency and resilience of the global food supply. This new announcement of $2.9 billion will save lives through emergency interventions and invest in medium to long term food security assistance in order to protect the world's most vulnerable populations from the escalating global food security crisis, the White House said.
The mobilisation of troops by Russian President Vladimir Putin piled on more pressure on the rupee, already weighed by the surging dollar index
Russia is "no longer a reliable weapons supplier", and Indians are "coming to understand" that they could benefit from finding other suppliers, an official of the US State Department said
"Those who are trying to blackmail us with nuclear weapons should know that the wind patterns can also turn in their direction," the president said, accusing the US and allies of seeking to "destroy"
National Logistics Policy will introduce ULIP, standardization, monitoring framework and skill development for greater efficiency in logistics services, says Thakur
Russian President Vladimir Putin on Wednesday announced a partial mobilisation in Russia as the war in Ukraine reaches nearly seven months. Putin's address to the nation comes a day after Russian-controlled regions in eastern and southern Ukraine announced plans to hold votes on becoming integral parts of Russia. The Kremlin-backed efforts to swallow up four regions could set the stage for Moscow to escalate the war following Ukrainian successes on the battlefield. The referendums, which have been expected to take since the first months of the war, will start Friday in the Luhansk, Kherson and partly Russian-controlled Zaporizhzhia and Donetsk regions. Putin said he has signed a decree on the partial mobilisation, which is due to start on Wednesday. We are talking about partial mobilisation, that is, only citizens who are currently in the reserve will be subject to conscription, and above all, those who served in the armed forces have a certain military specialty and relevant ...
French President Emmanuel Macron told world leaders at the UN General Assembly session that Prime Minister Narendra Modi was right when he told Russian President Vladimir Putin that this is not the time for war. Modi, who met Putin last week on the sidelines of the 22nd meeting of the Shanghai Cooperation Organization in Uzbekistan's Samarkand, had told the Russian leader that "today's era is not of war". He has spoken to Putin several times over the phone regarding this issue and underlined the importance of democracy, diplomacy and dialogue. "Narendra Modi, the prime minister of India was right when he said the time is not for war. It is not for revenge against the West or for opposing the West against the East. It is the collective time for our sovereign equal states to cope together with challenges we face," Macron said during his address at the General Debate of the 77th Session of the UN General Assembly on Tuesday. "This is why there's an urgent need to develop a new contract
Bosnian Serb separatist leader Milorad Dodik met with Russian President Vladimir Putin in Moscow on Tuesday days after he endorsed Moscow's aggression against Ukraine, Russian and Serbian media reported. During a rare visit to Moscow by a politician from Europe, the Russian president praised his country's "strategic partnership" with Serbia. The visit came amid repeated warnings from the European Union that Serbia must align its foreign policies with the bloc if it really wants to become a member. Serbia is the only nation seeking EU membership that has refused to join Western sanctions against Russia over its war in Ukraine. Dodik, a Serb member of Bosnia's tripartite presidency, has frequently met with Putin, especially ahead of elections when he wants to show to the highly pro-Russian Bosnian Serb electorate that he has Putin's support. Dodik last met Putin in June, months after Russia's invasion of Ukraine in February. Bosnia has a general election on October 2 in which Dodik
The push comes as the US and Group of Seven nations seek to limit Russian President Vladimir Putin's ability to fund his war in Ukraine
African Union chairperson Macky Sall said Tuesday that Africa does not want to be the breeding ground of a new Cold War, alluding to the pressure mounting on the continent's leaders to choose sides over the war in Ukraine. Many African countries depend heavily on grain imports from Russia and Ukraine. Amid market shortages, Russia's foreign minister has sought to portray the West as the villain, blaming it for rising food prices. Western leaders, meanwhile, have accused the Kremlin of cynically using food as a weapon and waging an imperial-style war of conquest. So far Africa has stayed somewhat neutral on Ukraine: Some 25 countries either voted to abstain or did not vote at all on the UN resolution that condemned the war in Ukraine earlier this year. I have come to say that Africa has suffered enough of the burden of history; that it does not want to be the breeding ground of a new Cold War, but rather a pole of stability and opportunity open to all its partners, on a mutually ...
The branches only opened for delivery services but customers waited outside the restaurants anyway to collect their meals from the motorcycle couriers who were next to them
Moscow plans to raise taxes on energy sector to the tune of $50 bn in 2023-25
Russian-controlled regions of eastern and southern Ukraine announced plans Tuesday to start voting this week to become integral parts of Russia. The concerted and quickening Kremlin-backed efforts to swallow up four regions could set the stage for Moscow to escalate the war following Ukrainian successes on the battlefield. The scheduling of referendums starting Friday in the Luhansk, Kherson and partly Russian-controlled Zaporizhzhia and Donetsk regions came after a close ally of Russian President Vladimir Putin said the votes are needed and as Moscow is losing ground in the invasion it began nearly seven months ago, increasing pressure on the Kremlin for a stiff response. Former President Dmitry Medvedev, the deputy head of Russia's Security Council chaired by Putin, said referendums that fold regions into Russia itself would make redrawn frontiers irreversible and enable Moscow to use any means to defend them. Ukrainian Foreign Minister Dmytro Kuleba denounced the votes as a sham
Stressing that cooperation and dialogue are the only path forward, he warned that "no power or group alone can call the shots"
Four Russia-occupied regions announce referendum plans; votes will be held on whether to become part of Russia; Ukraine and the West regard votes as sham and illegal