Russia Financial News
26.09 / 21:15
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U.S. crude stocks up 1.6M barrels, gasoline, distillates down - API
Investing.com — U.S. crude oil stockpiles rose in the just-ended week, after tumbling the prior week, while inventories of fuel products gasoline and distillates extended their declines, according to a report by petroleum industry group API.
26.09 / 20:57
Rob Schneider cancels Canada trip after man who fought for Nazis honoured in Parliament
Rob Schneider said he’s cancelled an upcoming visit to Canada after a parliamentary tribute last week honoured a Ukrainian Second World War veteran who fought for Nazi Germany.On Friday, 98-year-old Yaroslav Hunka was honoured in the House of Commons with a standing ovation across party lines. The tribute has triggered international outrage, as it was later revealed Hunka fought in Ukraine for the First Ukrainian Division, a German-armed Nazi military unit.During his speech, House of Commons Speaker Anthony Rota described Hunka as a “war hero.” He invited Hunka to be honoured while Ukraine’s president Volodymyr Zelenskyy, who is Jewish, was present for his first official visit since Russia’s full-scale invasion of Ukraine.On Monday, Schneider told his social media followers he “just canceled my trip to Canada” in reaction to the incident.The 59-year-old comedian, whose father is Jewish, described the tribute as “beyond the pale,” “despicable” and “outrageous.”I just canceled my trip to Canada.I just can’t…It’s beyond the pale.Trudeau’s tyranny against peaceful trucker protesters seems insignificant to this despicable and outrageous act of honoring of one of ADOLF HITLER’S NAZI SS Soldiers by the Canadian Parliament.No words… https://t.co/ZEVwZjOPse— Rob Schneider (@RobSchneider) September 25, 2023Schneider also called Prime Minister Justin Trudeau a tyrant and referenced the “peaceful trucker protests” that blocked several areas around Parliament Hill for three weeks and subsequently led to dozens of arrests.
26.09 / 20:47
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2020
Swiss prosecutors indict an ex-employee of trading firm Gunvor over bribes paid in Republic of Congo
Swiss federal prosecutors say they have indicted a former employee of the Geneva-based commodities trading firm Gunvor over bribes paid to obtain access to the Republic of Congo’s petroleum market more than a decade ago
26.09 / 18:07
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Former Slovak PM Fico's party holds narrowing lead before Sept 30 election -Focus poll
(Reuters) — The Slovak opposition SMER-SSD party, led by three-time prime minister Robert Fico, held a narrowing lead over its nearest challenger, the liberal Progresivne Slovensko, before a Sept. 30 election, a Focus agency poll showed on Tuesday.
26.09 / 15:57
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Oil prices stable as economic growth concerns offsets tight supply; Brent over $93/bbl
₹7,508 per bbl, having swung between ₹7,352 and ₹7,520 per bbl during the session so far, against a previous close of ₹7,469 per barrel. -The US dollar hit a 10-month high today, as higher bond yields attracted investors towards the greenback. As the major currency used for oil pricing, a stronger dollar typically weighs on oil demand as it becomes more expensive for importers relative to their local currency.
26.09 / 15:29
26.09 / 14:55
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Musk's X is the biggest purveyor of disinformation, EU official says
A top European Union official says the social network X, formerly known as Twitter, is the biggest source of fake news and urged owner Elon Musk to comply with the bloc’s laws aimed at combating disinformation
26.09 / 14:19
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If Kim Jong Un uses nuclear weapons, 'his regime will be brought to end': South Korean President
ALSO READ: North Korea's Kim Jong Un orders steps to boost ties with Russia amid US, Seoul warning of weapons deal “The North Korean regime’s obsession with the development of nuclear weapons aggravates the North Korean people’s suffering," Yoon said. “The North Korean regime must realize that nuclear weapons will never be able to guarantee its security." To mark the anniversary, South Korea held its first military parade in a decade in Seoul that featured thousands of troops and its latest military hardware such as domestically made long-range surface-to-air missiles.
26.09 / 13:23
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Interview | Domestic demand, higher capex behind Indian economy's resilience post Covid: CFA Institute's S Ramachandran
Live Mint, Ramachandran points towards the country's "conducive environment" to attract global investments, the economic prospects vis-à-vis China and other Asia Pacific (APAC) nations, how India can leverage from advancements in artificial intelligence and whether its net-zero goals are aligned with the growth vision. Edited excerpts from the interview.
26.09 / 12:07
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US army chief and allies discuss Asia-Pacific in India
Army chiefs and senior officers from 30 countries including the United States met in India Tuesday to discuss threats facing the Asia-Pacific region, in the face of concern at an increasingly assertive China. US Army chief Randy George said the region was «critically important», speaking to reporters alongside his Indian counterpart Manoj Pande, and vowed to boost cooperation to «maintain a free and open Indo-Pacific». Generals from Japan and Australia, which make up the «Quad» defence cooperation forum alongside Washington and New Delhi, also took part, as did Britain and France. As the generals met, China's Foreign Minister Wang Yi said that Beijing would oppose the «wanton expansion of military alliances», the latest in a string of warnings as Washington deepens security ties in the Asia-Pacific. Beijing has long said that any effort to establish a NATO-like military alliance in the Asia-Pacific would provoke conflict. Nations present at the two-day conference in New Delhi included Vietnam and the Philippines, both of which have longstanding pending territorial disputes with China. The conference, which launched in 1999, brings together army chiefs and top officers from 30 countries. India's Pande said the region faced challenges on both land and at sea. «These range from territorial disputes over land masses, or in some cases, even over artificially expanded islands to acquire real estate and establish military bases,» Pande added, in an indirect reference to China. India has also had to balance its traditional alliance with Russia — the provider of most of its arms imports, and now a source of cut-price oil — with growing ties to Washington. «The partnership between India and the US armies is vital for
26.09 / 11:15
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The Case of the Missing Olympic Gold Medals
The most important and uncertain Olympic event this year is happening this week. It might just result in a gold medal for Americans and humiliation for Russians. And nobody can watch it.
26.09 / 11:09
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'We have dealt with recessions before': Jamie Dimon says geopolitics is the world's biggest risk
JPMorgan Chase & Co. CEO Jamie Dimon says geopolitics after Russia's invasion in Ukraine is the biggest risk, larger than high inflation or a U.S. recession.
26.09 / 09:07
26.09 / 09:05
UPS
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2020
Takeover
Mint Explainer: Why India is affected by Azerbaijan’s Nagorno-Karabakh takeover
After a short, sharp military campaign, Azerbaijan has claimed victory over separatists in the disputed Nagorno-Karabakh region. The territory, which was recognised as part of Azerbaijan but was controlled by Armenian separatists for decades, has been at the centre of a major geopolitical conflict for decades. Due to Azerbaijan's close ties with Pakistan, India has been strategically backing Aremnia via sales of military equipment.
26.09 / 07:07
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information
INSTC played a major role in pushing Russia-India trade volume in 2023: RZD CEO
economic cooperation – in 2023 with Russia for the first time getting into the three top trade partners of India due to contribution of International North South Transport Corridor (INSTC), CEO of RZD Logistics (top Russian logistics company that operates INSTC) Dmitry Murev told ET. The export from Russia to India in the 2022-2023 financial year increased by 4.7 times and activation of INSTC is one of the most important factors that contributed to this, according to Murev. “Our company managed to build strong partnership with the leading participants of transport and logistics industry of India, Iran, Turkmenistan and Kazakhstan, which, in particular, allowed to cut the net cost of the end-to-end transportation service along the Eastern route of INSTC by 50% since August of 2022,” Murev informed. All three branches of INSTC – Western, Trans-Caspian and Eastern – are working. Each of these routes has its own infrastructure characteristics and perspectives, uniting certain groups of member countries of INSTC, with India and Russia being actively involved in the work of the corridor on all three routes, RZD CEO pointed out. The Western route of INSTC connects Russia, Azerbaijan and Iran by rail and auto transport for connecting to India and Persian Gulf countries.
26.09 / 07:05
Reuters
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Nazi
Canada PM Justin Trudeau calls honouring of Nazi veteran ‘deeply embarrassing to parliament of Canada’
Canada's parliament honours a man who fought for Nazis, Speaker apologises later Speaking to reporters on Monday, Trudeau said (as quoted by ANI), "It's extremely upsetting that this happened. The Speaker has acknowledged his mistake and has apologized.
26.09 / 04:41
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‘India-US are natural partners amid global challenges,’ says JP Morgan Chase CEO Jamie Dimon: Report
CNBC-TV18, Dimon said that India and the United States are emerging as natural partners amid the global changes. Also Read: US issues record number of visas to Indian students amid India-Canada row; 25% given to India He pointed out that India and the United States have a distinct and special relationship, and they should take advantage of the opportunity to enhance their economic connections even more.
26.09 / 04:27
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Department
Russia, US trade diplomatic blame over instability in Karabakh crisis
(Reuters) — Moscow and Washington have accused each other of destabilising the South Caucuses region, as thousands of ethnic Armenians fled their homes in Nagorno-Karabakh over ethnic cleansing fears.
26.09 / 03:31
Man
Career
SPY
film
Actor
show
performer
Who was David McCallum? Know about The Man From U.N.C.L.E. actor who passed away at 90
David McCallum, who passed away at the age of 90. McCallum's remarkable career spanned decades, leaving an indelible mark on the entertainment industry. Let's take a moment to reflect on the life and legacy of this talented actor.
25.09 / 18:35
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Remark
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businesses
EU trade chief warns businesses are questioning their future in China
Beijing on Monday that tough security laws and a more «politicised» business environment have left European companies struggling to understand their obligations and questioning their future in China. China's refusal to condemn ally Russia for its war in Ukraine also poses a «reputational risk» for the world's second-largest economy, Trade Commissioner Valdis Dombrovskis said in a speech at Beijing's Tsinghua University. He said transparency and openness were «a winning strategy in the long run», at a time when trade tensions between the European bloc and China are mounting. «China is navigating a challenging transition from an investment-led economy to a broad-based economy,» he said. «For this it needs to remain open.» Dombrovskis's four-day trip, which kicked off Saturday, follows a report by the EU Chamber of Commerce that showed business confidence was at one of its lowest levels in years. It also follows Brussels' decision to launch a probe into Beijing's electric car subsidies. The investigation could see the EU try to protect European carmakers by imposing punitive tariffs on vehicles it believes are unfairly sold at a lower price. Chinese Vice Premier He Lifeng on Monday reiterated Beijing's «strong dissatisfaction» over the probe. «China once again expresses its high concern and strong dissatisfaction with the EU's plan to launch an anti-subsidy investigation into Chinese electric vehicles,» He told a joint press conference with Dombrovskis following their talks. «We hope that the EU side will deal with that issue with caution and continue to maintain a free and open market,» he added. But Dombrovskis painted a more positive picture of Monday's conversations, saying the two sides had agreed to «resume regular
25.09 / 18:09
UPS
Cooper
country
A trade reset
NEW DELHI : Valdis Dombrovskis, the EU’s chief trade negotiator, did some plain-speaking with China on Monday, saying that the latter’s tough security laws and a politicized environment had left European businesses anxious over their future in the country. While on tour there, he also said that the EU was being forced to act assertively.
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