Russia Financial News
28.06 / 12:15
UPS
Extreme
Election
country
What to know about Mongolia as it holds a democratic election in the shadow of authoritarian giants
Mongolia, where parliamentary elections are being held Friday, is a sparsely populated and landlocked Asian nation known for its bitter winter cold and independent spirit
28.06 / 06:25
Reuters
economy
Election
Opinion
show
UK economy grew 0.7% in first quarter of 2024
Britain's economy grew 0.7% in the first three months of this year compared with the previous quarter, above an initial estimate of 0.6% growth, official figures showed on Friday. The figures come less than a week before Britons vote in an election which opinion polls suggest will see Labour Party leader Keir Starmer replace Conservative Prime Minister Rishi Sunak.
28.06 / 05:39
COST
President
country
reports
International
US opted out of Paris Accord as India, China weren't paying: Ex-Prez Trump
Donald Trump has said his administration opted out of the landmark Paris Climate Accord in 2017 as it was a «rip-off» which would have cost Washington USD 1 trillion, as he claimed that India, China and Russia weren't paying for it. Trump, the presumptive candidate of the Republican Party, made the claims at the first of presidential debates with his Democratic Party rival President Joe Biden on Thursday, where the two 2024 presidential candidates sparred over the state of the economy, border, foreign policy, abortion, national security and climate change. During their roughly 90-minute debate marred by personal attacks, Trump, 78, claimed that the Paris Climate Accord would have cost USD 1 trillion and the US was the only country that had to pay.
28.06 / 05:03
Provident
Cooper
Waters
Food
Research
cover
Drought gripping Morocco is bad omen for global food supplies
Wheat yields plummeted last year to 1 ton per hectare (2.5 acres), his smallest harvest ever, as the worst drought period in three decades envelops the North African nation. The 25-foot-deep well on Sadiri’s plot dried up, and he can’t afford to dig any deeper. So now he’s trying barley, a more resilient crop. Sadiri is among 1.2 million grain farmers suffering the brunt of climate change in Morocco, where the frequency of droughts has quintupled this century. The impact will ripple far beyond its borders: The country stands to bring in record volumes of wheat — at a time when major shippers like France and Russia are suffering harvest setbacks of their own — and less of its fruit and vegetables will line store shelves in Europe, the US and the rest of Africa.
28.06 / 02:55
BLOCK
Fighting
security
President
reports
rights
EU releases Euro 1.9 billion for Ukraine, days after launch of accession talks
European Union on Thursday, disbursed Euro 1.9 billion for Ukraine amid its ongoing conflict with Russia. European Union President Ursula von der Leyen, said that the fund under the Ukraine Facility is aimed to keep the Ukrainian state running as they «fight for freedom.»
28.06 / 00:37
markets
UPS
economy
Election
Trade
President
War
Traders like a 'volatile & unpredictable' Trump
Donald Trump's from-the-hip style may start making financial markets volatile again — and that's just fine for a breed of global fast-money traders who thrive on that. With he and President Joe Biden running neck-and-neck ahead of their first debate Thursday night, investors have already been trying to game out how the Republican's return to the White House could affect everything from the electric-vehicle industry to the direction of long-term interest rates.
27.06 / 19:27
BLOCK
Action
Align
President
reports
Department
Panel's approval of liquefied natural gas export terminal puts more pressure on Biden to block it
What would be the nation’s largest export terminal for liquefied natural gas has won approval from a federal commission
27.06 / 19:19
COST
country
reports
Arsenal
Increasing cost of nuclear weapons; amount spent in 5 years can feed 45 million people suffering due to famines
nuclear arsenal has emerged as a concern for many stakeholders and has threatened global peace. There is also an increasing cost associated with building, maintaining and expanding this weaponry. A report published by the International Campaign to Abolish Nuclear Weapons (ICAR) noted that countries spent £72.2 billion on their nuclear arsenal in 2023. This indicated a rise in spending to the tune of £18.1 billion or an increase of 34% as compared to 2022. This amount indicates that around £ 198 million was spent every day, £ 8.2 million a hour, £137,000 a minute and £2288 a second.
27.06 / 15:39
Southern
track
hospital
reports
Investigations
3 killed and dozens injured in northern Russia when a passenger train derails
Officials say a passenger train derailment in northern Russia has killed three people and injured dozens
27.06 / 15:39
UPS
Election
Trade
President
social
rights
European Union leaders set to endorse Von der Leyen, Costa and Kallas for the bloc's top jobs
European Union leaders are poised to approve Ursula von der Leyen, António Costa and Kaja Kallas as the heads of the 27-nation bloc’s top institutions for the coming years
27.06 / 15:39
Tesla
awards
SpaceX
country
International
NASA taps Elon Musk's SpaceX to bring International Space Station out of orbit in a few more years
NASA has awarded SpaceX an $843 million contract to build the vehicle that will bring the International Space Station out of its longtime orbit of Earth when its operating lifespan ends in a few more years
27.06 / 15:39
27.06 / 12:49
Target
Waters
President
Experts
country
testing
peace
A North Korean missile explodes in the sky—and a mystery emerges
SEOUL : North Korea said it had successfully tested technology for raining down multiple nuclear warheads at once—a top weapons goal for Kim Jong Un and an increased threat to the U.S. and its allies. But, in an unusually pointed rebuke, South Korea denounced the self-declared achievement as a bluff.
27.06 / 12:49
markets
UPS
Digital
security
economy
Experts
All Nifty Metal stocks in the green in 2024 so far, Hindustan Zinc gave multibagger returns; what lies ahead?
Hindustan Zinc has given multibagger returns, surging almost 105 percent. It was followed by Vedanta, which jumped over 68 percent and Jindal Stainless, up over 40 percent. Meanwhile, JSPL, NALCO, and Tata Steel also advanced between 20 and 40 percent.
27.06 / 01:55
Action
Election
information
reports
Department
Courts
Relationships
Julian Assange's actions put people in danger: US State Department after whistleblower walks free
WikiLeaks founder and whistleblower Julian Assange walked free after signing a plea deal with the United States, the US State Department termed his actions for which he pleaded guilty had put the lives of people, especially Washington's allies and diplomats, at risk. US State Department Mathew Miller also pointed that Assange served as a «conduit» for Russian intelligence interfering in the US presidential elections.
26.06 / 17:39
UPS
Target
Waters
Gap
security
reports
Cyber
Can cyber-attacks on the US stop its drinking water supplies?
cyber-attacks in recent times on the critical water infrastructure in the US has exposed its gaps in cyber security. These attacks carried out allegedly by Russia, China and Iran have added to the stress on the system as well as lowered the public confidence. It has been reported that the US National Security Advisor Jake Sullivan has also issued a note to all stake holders to take note and work towards stepping up security on various networks which are connected to the water infrastructure. There is an increasing tendency to use AI in carrying out various cyber-crimes.
26.06 / 16:07
wellness
cover
Department
prevention
International
U.S. sanctions 'sprawling' shadow banking network for supporting Iranian military
A group of 50 people and firms across across Hong Kong, the United Arab Emirates and the Marshall Islands that have been acting as a “sprawling shadow banking network” for Iran’s military have been hit with U.S. economic sanctions
26.06 / 13:27
Research
Trade
country
reports
International
The train from Russia: How a new route can change things for India
Russia has sent two trains laden with coal to India via the International North-South Transport Corridor (INSTC), which connects Russia to India via Iran, according to Russia’s national railway company. A multimodal route that includes a railway, roadway network and seaports, the INSTC spans 7,200km (4,500 miles) from St. Petersburg to the port of Mumbai in India. The corridor is part of Russia’s push to find new transport routes in light of Western sanctions, which have forced it to shift trade flows from Europe to Asia and the Middle East, RT has reported. “For the first time, two trains with Kuzbass coal headed to India along the International North-South Transport Corridor. The trains set off from the Kemerovo region. They followed along the eastern branch of the INSTC through Kazakhstan and Turkmenistan to the Iranian port of Bandar Abbas,” Russian Railways said on Monday in its Telegram channel, RT reported. How INSTC can revolutionise India's trade The development of the INSTC, which connects Russia to India through Iran's Chabahar port, means a lot for India's trade. Now that Russia faces restrictions on sea trade due to the Ukraine war, the corridor assumes even more economic and strategic importance, especially when India sees it as an alternative to China's ambitious Belt and Road Initiative.
26.06 / 12:51
Citizens
Compilation
Election
wellness
President
reports
French consumers feel bleaker amid political turmoil
French consumers are feeling less confident about their prospects amid surprise elections, a fresh headwind for the country’s fragile economic recovery. A measure of confidence compiled by France’s statistics agency fell to 89 in June from 90 in May, according to a survey released Wednesday, in which a reading of 100 represents the long-term average for consumer sentiment. Consumers reported worsening feelings for the quality of living in France in the months ahead, as well as for their own future savings’ prospects and willingness to make major purchases.
26.06 / 10:31
26.06 / 08:27
markets
FIVE
President
country
reports
Asbestos-based roofing players’ PBIT margins likely at 8-9% in FY25 and FY26, margins to slide in FY22-24 on Russia-Ukraine conflict, supply chain disruptions
The asbestos-based roofing players are expected to record PBIT margins at around 8- 9 per cent in FY2025 and FY2026, an improvement of 100-200 bps, stated a report by ICRA. This, it added, will be backed by estimated steady growth in volumes and marginal improvement in realisations. The asbestos fibre prices increased at a CAGR of 9.6 per cent during the FY2018- FY2024 period compared to the modest rise in realisations at a CAGR of 3.1 per cent during the same period, thereby impacting the profitability of the companies.
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