The U.S. Senate Finance Committee has asked eight major automakers, including General Motors (GM.N), Tesla (TSLA.O) and Ford Motor (F.N), to disclose whether any of their components are linked to…
Category:
Economy
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BusinessChinaEconomyFeaturedGlobal NewsNational SecurityNewsPoliticsTechnologyUnited States
U.S. Consulted With Japan, Netherlands on Chip Curbs to China -Sullivan
by Thomas Burkeby Thomas BurkeThe United States has spoken with its partners including Japan and the Netherlands to tighten chip-related exports to China, Jake Sullivan, the White House national security adviser, said on Monday, APA reports…
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Central AsiaEconomyFeaturedGlobal NewsKazakhMilitaryNational SecurityNewsPolitics
How Oligarchs Use Brussels to Launder Their Reputations
When the police raided the home of the former socialist MEP and lawyer Pier Antonio Panzeri and found €500,000 in cash as part of the most serious corruption case in…
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EconomyEuropeNewsRussiaUkraineWorld News
Russia’s economy holds up under Western sanctions, but challenges lie ahead
by Eli Barkerby Eli BarkerWestern sanctions have hit Russian banks, wealthy individuals and technology imports. But after a year of far-reaching restrictions aimed at degrading Moscow’s war chest, economic life for ordinary Russians doesn’t look all…
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EconomyEuropeNewsRussia
Russia’s Biggest Bank Announces Huge 2022 Fall in Profits
by Cody Doyleby Cody DoyleRussia’s Sberbank on Thursday announced its net profit dropped nearly 80% in 2022, a year marked by unprecedented Western sanctions on Moscow over its invasion of Ukraine. The group published…
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BusinessEconomyEuropeNewsRussia
Russia considering challenge to US nominee to head World Bank
by Blake Brooksby Blake BrooksRussia is consulting with its allies about challenging the United States’s nominee to head the World Bank, Moscow’s top representative at the bank has said, a move that could complicate…
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EconomyEuropeNewsRussia
Huge budget deficit is building up in Russia’s economy
by Thomas Burkeby Thomas BurkeAccording to the Russian Ministry of Finance, federal budget revenues in the first two months of 2023 were down 25 percent compared with the same period in 2022. A total of 1,263 trillion rubles…
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Central AsiaEconomyFeaturedGlobal NewsNational SecurityNewsPoliticsTajikistan
Fragile Tajikistan Government in Need of Reforms
Brussels, Berlin (21/3 – 42.86) Tajikistan, a small fragile country in Central Asia, has been facing a multitude of issues in recent years. With a population of just over 9…
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EconomyNewsRussiaWorld News
West Tightens Sanctions Compliance As Russia’s Economy Avoids Worst-Case Scenario
by Koby Johnby Koby JohnWASHINGTON – Days before Russia launched its full-blown invasion of Ukraine in February 2022, Boris Livshits ordered a military-grade spectrum analyzer from a Florida-based company for delivery to a suburban…
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The Russian Foreign Ministry said on Saturday that the EU uses “foul play” to ensure its global economic dominance. In a statement on its website, the ministry called a “myth”…
