Ukraine Financial News

Volodymyr Zelensky, the Joe Biden-led United States administration sanctioned military aid for the war torn country. However, this could be the ‘last’ aid the western country has available without fresh approval from US Congress, where talks have stalled. The latest tranche from the US for the includes air defence, artillery and small arms ammunition, and anti-tank weapons.

Pensions plans made the political headlines in 2023 like seldom before, from Alberta’s threat to pull out of the Canada Pension Plan with more than half of the fund’s assets to Ottawa’s desire, stated in the fall fiscal update, to have the globetrotting trillion-dollar asset managers invest more at home. The Financial Post spoke to Alberta Investment Management Corp. chief executive Evan Siddall about these issues, geopolitics and how AIMCo is evolving its investment strategy for 2024 and beyond. This interview has been edited and condensed for space.

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External Affairs Minister S Jaishankar on Wednesday held a meeting with Russian President Vladimir Putin in Moscow. Russian Foreign Minister Sergey Lavrov and Indian Ambassador to Russia Pavan Kapoor were present at the meeting. Jaishankar is currently undertaking a five-day visit to Russia from December 25 to 29, as part of the ongoing series of high-level engagements between the two nations.

Prime Minister Narendra Modi is «willing to do his utmost» to address the Russia-Ukraine issue through «peaceful means». Putin's remarks came during a meeting with External Affairs Minister (EAM) S Jaishankar at the Kremlin on Wednesday.

basmati rice have fallen due to militant attacks against merchant ships in the Red Sea, leading to 5-10% fall in basmati prices in the domestic market, exporters said. Leading shipping lines' decision to avoid the Suez Canal route amid Houthi attacks has also impacted sunflower oil imports from Russia and Ukraine. Sunflower oil prices in the local market are likely to go up by 3-4% as international prices have increased by $30 per tonne in the last one week to $940 per tonne, trade insiders said.

Russia has an interesting place in India's foreign policy game plan. As foreign minister S Jaishankar said on Tuesday during his five-day visit to Moscow, geopolitics and strategic convergence will always keep the bilateral ties on a positive trajectory. On Wednesday, Jaishankar and his Russian counterpart Sergey Lavrov walked the talk as the two sides agreed on the expansion of Russian hydrocarbon exports to India and cooperation in nuclear energy.

Berghain in Berlin, or Output in NYC, or Zouk in Singapore. It's the grandfatherly sounding North Atlantic Treaty Organisation that is, almost 75 years after being founded, trending and trending hard as #Nato. Marx — of the Groucho variety — had famously said that he refused to join any club that would have him as a member.

The Office of Foreign Assets Control (OFAC) of the United States Treasury Department has filed claims against CoinList Markets, a virtual currency exchange, and the company has agreed to pay more than $1.2 million to resolve the allegations. Despite sanctions imposed by the United States against Russia, which seized Crimea in 2014, CoinList continues to execute transactions for clients residing in the Crimea area of Ukraine. This move is a reaction to the fact that Russian sanctions have been imposed.

oil supplies from Europe to India and China after the Western countries enforced economic sanctions against it over the Ukraine war. Russia invaded Ukraine in February 2022. The America-led Western countries hit Russia with a slew of sanctions including a European Union embargo on its seaborne oil deliveries.

MADRID (Reuters) — Spain on Wednesday extended a slew of measures designed to help people cope with high costs of living into 2024, even as the rate of inflation slows.

Intellivate Capital Ventures have given exceptional returns to their investors in 2023 following the overall positive market sentiment. Despite facing multiple challenges such as the Russia-Ukraine war, the Israel-Hamas war, peak global inflation, rising crude prices, peak US 10-year yield, and a consumption slowdown, the Indian market achieved a record-high streak. This remarkable performance can be attributed to sustained foreign and domestic investor inflows, improving macroeconomic indicators, and the potential for the incumbent government's return to power, all of which, contributed to keeping the markets resilient during the period.

(Reuters) — The United States has finalized contracts to purchase three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) after the largest sale in history last year, the U.S. Department of Energy said on Tuesday.

Russia's crude oil exports and a fifth of coal came to India in the past 12 months, making India the second-largest importer of Russian fuels after China, according to a research agency. Since the European Union imposed a ban on the import of coal, oil and some other commodities from Russia on December 5, 2022, supplies to India and China have increased. Between the EU ban and the end of November this year, China imported 40% of all the coal and 45% of all the crude oil Russia exported, according to the Finland-based Centre for Research on Energy and Clean Air (CREA). India purchased 32% of Russia's crude oil exports while the EU (8%) and Turkey (4%) were the third- and fourth-largest buyers.

Narendra Modi has become the sole global leader with 20 million subscribers on his personal YouTube channel, as per latest data collated by Viennese startup Tubics. With 224 million views in December 2023 alone, Modi's YouTube channel had 43 times more views than Ukrainian President Volodymyr Zelenskyy's channel. Overall, with 4.5 billion video views, Modi's YouTube channel leads the pack, both in terms of subscribers and video views among top world leaders. Brazil's former president Jair Bolsonaro is at the second spot with a modest 6.4 million followers on his personal YouTube channel, which is less than a third of followers on Modi's channel. Modi, in fact, leads other global leaders on the subscribers/video viewership sweepstakes on personal YouTube channels by a mile. For instance, US President Joe Biden and French President Emmanuel Macron are at a distant fourth and sixth places with 789,000 and 316,000 subscribers, respectively, on their personal YouTube channels, as per Tubics data. Canada's Prime Minister Justin Trudeau is way down in the pecking order, at 10th place with under 70,000 subscribers on his YouTube channel. Video views and subscribers on Modi's YouTube channel are also way ahead of those recorded by the YouTube channels of other Indian political leaders.

The final week of the year is underway and gold has maintained a positive outlook, holding above its long-term resistance price.

Empower India have given extraordinary returns to their investors in 2023 following the record high streak of the Indian market despite multiple headwinds such as the Russia-Ukraine war, the Israel-Hamas war, peak global inflation, rising crude prices, peak US 10-year yield, and consumption slowdown. However, continued foreign and domestic investor inflows, improving macros and the possibility of the incumbent government returning to power kept the markets resilient. Penny stock Hemang Resources proved to be resilient and gave massive returns.

India’s foreign minister S Jaishankar landed in Russia on Monday for a five-day visit, during which he is expected to meet the country’s top economic and foreign policy officials. While his agenda promises much, observers have pointed out that this is the second time prime minister Narendra Modi has skipped his annual summit with Vladimir Putin. India’s top diplomat is expected to meet with Russia's deputy prime minister Denis Manturov and foreign minister Sergey Lavrov during his visit, which ends on 29 December.

stock market. Global incidents, such as the dot-com bubble, 9/11, the US subprime crisis, COVID-19, recent US economic challenges and geopolitical tensions like the Russia-Ukraine conflict and the Israel-Gaza crisis have all significantly impacted the Indian stock market. Let’s explore the relationship between these two economic powerhouses, and understand how the US market’s ebbs and flows can dictate the tempo of the Indian stock market.

Yandex's restructuring is expected to be postponed until early 2024, three sources familiar with the negotiations told Reuters on Monday. Often referred to as «Russia's Google», tech firm Yandex was one of the few Russian companies with the potential to become a global business until Moscow sent troops into Ukraine in February 2022.

Vatican City: Pope Francis said in his Christmas message on Monday that children dying in wars, including in Gaza, are the "little Jesuses of today" and that Israeli strikes there were reaping an "appalling harvest" of innocent civilians. In his Christmas Day "Urbi et Orbi" (to the city and world) address, Francis also called the Oct. 7 attack on Israel by Hamas militants "abominable" and again appealed for the release of around 100 hostages still being held in Gaza.