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Recent rally in bonds despite US bond selloff signals optimism on global index inclusion
Russia's war in Ukraine and the Holy See's strained relations with China are the backdrop to Pope Francis' visit this week to the former Soviet republic of Kazakhstan, where he is ministering to a tiny Catholic community and participating in an interfaith conference aimed at promoting peace and dialogue. Francis was flying Tuesday to the Kazakh capital of Nur-Sultan to meet with President Kassym-Jomart Tokayev during the state visit portion of the three-day trip. On Wednesday and Thursday, he participates in an interfaith meeting with more than 100 delegations of Muslim, Christian, Jewish, Buddhist, Shinto and other faith groups from 50 countries. The most noteworthy aspects of Francis' visit might be missed opportunities: Francis was supposed to have met with the head of the Russian Orthodox Church on the sidelines of the conference. But Patriarch Kirill, who has justified the war in Ukraine, cancelled his trip last month. Francis is also going to be in the Kazakh capital at the
Since the beginning of this month, Ukrainian forces have liberated over 6,000 sq.km of the war-torn nation's territory from Russian forces, says President Volodymyr Zelensky
More than 73,000 people have been evacuated from the conflict-affected regions of Ukraine in August, Ukraine's Ministry of Reintegration of the Temporarily Occupied Territories said
The US has vowed to continue to give support to Ukraine as the Ukrainians are fighting hard to defend their country and take back territory seized by Russia. Russia invaded Ukraine on February 24, but Ukrainian forces retook large areas around Kyiv in early April after Russia abandoned its push towards the capital. "We're not going to speak for Ukrainians. We'll leave it to Ukrainians to describe their operations. But it's clear they are fighting hard to defend their country and take back territory, White House Press Secretary Karine Jean-Pierre told reporters on Monday. We're going to continue to give them the support they need to succeed on the battlefield, she said. The US has announced two significant security assistance packages last week, brought more than 50 countries together to coordinate its support, and has worked to fulfil the Ukrainian requests for what they need to be successful on the battlefield, the official noted. After Ukraine seized Balakliya last Thursday, .
Real wage growth has been under pressure since 2021-end and will continue to decline in many countries, according to an OECD report
Ukraine scores unexpected military successes
Russia attacked power stations and other infrastructure, causing widespread outages across Ukraine as Kyiv's forces pressed a swift counteroffensive that has driven Moscow's troops from swaths of territory it had occupied in the northeast. The bombardment on Sunday ignited a massive fire at a power station on Kharkiv's western outskirts and killed at least one person. President Volodymyr Zelenskyy denounced the deliberate and cynical missile strikes against civilian targets as acts of terrorism. Ukraine's second-largest city of Kharkiv appeared to be without power Sunday night. Cars drove through darkened streets, and the few pedestrians used flashlights or mobile phones to light their way. Separately, the Zaporizhzhia Nuclear Power Plant in the Russia-occupied south completely shut down in a bid to prevent a radiation disaster as fighting raged nearby. Kyiv's action in recent days to reclaim Russia-occupied areas in the Kharkiv region forced Moscow to withdraw its troops to preven
Russian journalists were questioning Peskov over Putin's awareness and communication schedule after Ukrainian forces conducted a successful offensive last week
Russia shrugs off retreat in northeast Ukraine as Putin focuses on economy
The three biggest state-run retailers, which together supply more than 90% of India's petroleum fuels, have suffered the worst quarterly losses in years by absorbing record international crude prices
The news of Ukrainian advances also helped lift the euro, which extended last week's post European Central Bank (ECB) gains to rise to its highest against the dollar in almost four weeks
This fall, civil unrest is likely to heat up in 101 countries (out of 198 monitored), according to an index developed by Verisk Maplecroft, a research firm
Russia's Defense Minstry on Sunday published a map showing much of the country's forces out of the Kharkiv region, without commenting further
In a bid to counter the growing clamour among the G7 nations to enforce a price cap on Russian oil, Moscow told New Delhi it is willing to provide petroleum at even lower rates than before to India
Pool has already insured over 25 voyages, since it was formed in June under national reinsurer GIC Re, says top official
Ukraine's atomic power operator said Sunday that the last reactor at Europe's largest nuclear power plant has been shut down after the plant was reconnected to the electricity grid. The six-reactor Zaporizhzhia plant was disconnected from the grid last week after all its power lines were disconnected as a result of fighting in the area, and was operating in island mode for several days, generating electricity for crucial cooling systems from its only remaining reactor in operation. Nuclear operator Energoatom said that one of the power lines was restored late Saturday, allowing plant operators to shut down the last reactor. The company said the risk remains high that outside power is cut again, in which case the plant would have to fire up emergency diesel generators to keep the reactors cool and prevent a nuclear meltdown. The company's chief told The Associated Press on Thursday that the plant only has diesel fuel for 10 days. The plant, one of the 10 biggest atomic power station
The discounts are expected to be substantial and lower than those offered by Iraq in recent months. The third largest oil importer India has been approached by the G7 nations to support the price cap
Zelenskyy says the military has reclaimed about 2,000 square kilometre of its territory
India has made powerful efforts to grow its economy and emerge as a higher-income country, External Affairs Minister S Jaishankar has said, expressing hope that it will be the fastest growing major economy in the world this year with at least 7 per cent growth despite the challenges posed by the Ukraine crisis. Jaishankar arrived here on Saturday on a three-day visit to Saudi Arabia to discuss ways to further strengthen relations between the two countries. It is his first visit to Saudi Arabia as External Affairs Minister. "Began my visit to Saudi Arabia with interaction with our community. Appreciated the contribution of our Diaspora in facing national challenges. Spoke to them about our country's resilience, especially during the time of the Covid and national transformation that is underway in India," Jaishankar tweeted. Addressing the Indian community here on Saturday, Jaishankar said: "India thinks about the ways in which it can change its credit, banking, education and labour