Ukraine Financial News

Aditya Verma, a British-Indian student, can hardly be faulted for thinking two F-18s flanking his flight to Menorca in Spain were holding an exercise in the wake of the Russia-Ukraine war. But then, maybe he can be.

The International Monetary Fund recently raised a note of caution about India’s rising public debt-to-gross domestic product (GDP) ratio as part of a standard process of assessing country risks. Today, there is a burgeoning cottage industry of storied institutions that are compiling lists of risks arising not for specific countries, but at a global level across the domains of economics, politics, geopolitics and society.

Turkey’s central bank has raised its key interest rate by another 2.5 percentage points

net migration to the country compensated for its low birth rate and ageing population, the statistics office said on Thursday. The increase was in line with averages seen between 2012 and 2021, but considerably weaker than 2022, when hundreds of thousands of Ukrainian refugees came to Germany seeking shelter. Migration is a key topic in Germany currently, where the government has bolstered border controls and promised to speed up deportations, while also addressing the need for foreign workers with reforms easing access to citizenship. The far-right party Alternative for Germany (AfD) has surged to second place in opinion polls, seizing on migration as a key concern for voters. The statistics office put net migration to Germany at between 680,000 and 710,000 people in 2023.

India topped the chart for the 10th straight month with the best PMI reading, top-notch stock market performance, and strong exports growth. China climbed two spots to reach No.

On Monday, Ukrainian-born model Carolina Shiino graciously accepted the Miss Japan 2024 title with tears in her eyes.

The CEO of the Bill & Melinda Gates Foundation is calling on billionaires to give away more of their money to address inequality and to do it soon

Farmers in France have staged protests across the country and in Brussels against low wages and what they consider to be excessive regulation, mounting costs and other problems

Official figures obtained by The Associated Press show that Cyprus has made headway in weaning itself off Russian cash and business as it tries to clean up its image

The U.N. High Commissioner for Refugees says that he’s worried that the war in Ukraine has been forgotten as the country prepares to mark two years since Russia’s full-scale invasion

New Delhi: UN General Assembly president Dennis Francis warned that the Red Sea conflict could trigger another World War, and buttressed the need to reform the Security Council. Francis told reporters in New Delhi on Wednesday the possibility of escalation and regionalization of the conflict in the Red Sea had created a dangerous situation. “That is an extremely disturbing situation.

hardware: tanks, fighter jets, missiles, air-defence batteries, artillery and vast quantities of munitions. But a less discussed weakness lies in electronic warfare (EW); something that Ukraine’s Western supporters have so far shown little interest in tackling.

(Reuters) -General Dynamics beat Wall Street expectations for fourth-quarter revenue on Wednesday, as a tense global political climate sustained demand for its military equipment even as supply-chain pressures drove up costs.

Indian Oil Corporation (IOC) on Wednesday reported a massive jump in its third quarter net profit as compared to the year-ago period when it was financially struggling as input raw material crude oil prices spiked but retail finished product prices remained on freeze. Standalone net profit of ₹8,063.39 crore in October-December 2023-24 was higher than ₹448.01 crore profit in the same period a year ago but lower than ₹12,967.32 crore earnings in the preceding three months ended September 30, 2023, according to a stock exchange filing by the company. The profit was aided by a boost in marketing margins as a freeze on petrol and diesel price revision despite a fall in input crude oil prices helped recover losses incurred when rates were high in 2022-23.

NEW DELHI : UN General Assembly president Dennis Francis warned that the ongoing conflict in the Red Sea posed an extremely disturbing situation that could trigger another mass war on a global level. Speaking at a press briefing in New Delhi on Wednesday, Francis said the possibility of escalation and regionalization of the conflict in the Red Sea had created a dangerous situation. “That is an extremely disturbing situation.

By Colleen Howe and Muyu Xu

The Israel-Hamas war has halted progress on what’s known as the India-Middle East-Europe Economic Corridor (IMEC)— a project touted last year by Washington and key allies that envisages building new rail links across the Arabian peninsula. As Houthi attacks disrupt Red Sea shipping and turmoil spreads across the region, IMEC is effectively on ice.

China's ambassador to the European Union called the EU's probe into Chinese electric vehicle manufacturers over state subsidies «unfair», Fu Cong told Bloomberg News in an interview. Cong told Bloomberg that China is cooperating with the EU's probe «because we do want to avoid a situation that the two sides will have to resort to trade measures against each other».

As the Bank of Canada prepares to make its first interest rate decision of the year on Wednesday, economists say headwinds in the “last mile” of the inflation fight will serve as a final hurdle before rate cuts can begin.

Also Read: India's crude oil output down 1.03% to 2.5 MMT in December, imports rise 1.1% YoY: PPAC Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a February 16 expiry, was last trading 0.06 per cent lower at ₹6,261 per bbl, having swung between ₹6,118 and ₹6,265 per bbl during the session, against a previous close of ₹6,265 per barrel. The International Energy Agency (IEA) this week raised its 2024 global demand forecast, but its projection is half that of producer group Organisation of Petroleum Exporting Countries (OPEC).

Aryna Sabalenka, the defending champion has put a thrilling Australian Open semi-final against Coco Gauff, the American teenager after gaining control over Barbora Krejcikova in a direct victory. The 6-2 6-3 win of Sabalenka made a confirmation of a repetition of the exciting US Open final in September, where Gauff returned from a record for winning the first important title.