Ukraine Financial News

Russia's top diplomat Sergei Lavrov arrived in Beijing on Monday ahead of an expected visit by President Vladimir Putin to China, for a gathering of representatives of 130 countries that will be overshadowed by the Israel-Gaza war. This will be Putin's first trip to a major global power since the Ukraine invasion. The foreign ministry announced on social media platform X, formerly Twitter, that Lavrov was in the Chinese capital as part of a Russian delegation. Beijing is hosting representatives of 130 countries Tuesday to Wednesday to mark a decade of its Belt and Road Initiative (BRI) — a key geopolitical project of President Xi Jinping to extend China's global reach. But all eyes will be on Putin, who last month told Beijing's Foreign Minister Wang Yi in Saint Petersburg he had «gladly accepted» Xi's invitation to visit China for the BRI talking shop. The Russian leader's strategic dependence on China has only grown since his invasion of neighbouring Ukraine thrust his country into international isolation. Putin last week voiced concern at the «catastrophic increase» in the number of civilian victims in Israel and the Gaza Strip. The Kremlin ambassador to the United Nations has called for a «humanitarian cease-fire» in the Gaza Strip and Israel, while blaming the United States for the ongoing conflict. This year, trade between China and Russia has soared to levels not seen since the beginning of Moscow's war in Ukraine, with Chinese imports of Russian oil offering Moscow a critical lifeline as international sanctions bite. China has refused to condemn the war in an effort to position itself as a neutral party, while at the same time offering Moscow vital diplomatic and financial support. At the heart of the

Oil prices fell on Monday, partly reversing Friday's rally as investors wait to see if the Israel-Hamas conflict draws in other countries, which could drive up prices and deal a fresh blow to the global economy. Brent futures slid 34 cents, or 0.4%, to $90.55 per barrel and U.S.

Nikol Pashinyan skipped the CIS summit in Kyrgyzstan last week, Russia-Armenia ties are striving to remain steady as the partnership serves national interests of both countries. While there are fears that Russia-West conflict might “spread to Armenia '' in the backdrop of exodus from Nagarno-Karabah, Armenia and Ukraine are two different situations despite rising differences of opinion between Moscow and Yerevan. Armenia is a member of the Russia-led Collective Security Treaty Organization and has a bilateral defense agreement with Russia. Armenia and Russia have strategic partnership and Armenia currently hosts around 10,000 Russian troops, 5,000 of which are stationed at Gyumri's 102nd Russian military base.

Vladimir Putin will meet Xi Jinping in China this week in a bid to deepen a partnership forged between the United States' two biggest strategic competitors. Putin will attend the Belt and Road Forum in Beijing on Oct.

IMEC) and India-Israel-USA-UAE projects, China has launched dialogue across the region seeking to align BRI with Turkiye's Middle Corridor Initiative. Turkiye had decried IMEC, which is aimed at rivaling BRI in the region and this week's BRI summit in China is expected to witness efforts to align Ankara's Middle Corridor Initiative with BRI. The two sides recently held a high-level dialogue on the issue, ET has learnt. IMEC was announced on the sidelines of the G20 summit here in the presence of leaders of the USA, Saudi Arabia, India and Europe. Trans-Caspian East-West-Middle Corridor Initiative shortly named as 'The Middle Corridor', begins in Turkiye and passes through the Caucasus region via Georgia, Azerbaijan, crosses the Caspian Sea, traverses Central Asia and reaches China, according to a Turkish foreign ministry document.

WASHINGTON (Reuters) -White House national security adviser Jake Sullivan said on Sunday that the Biden administration hopes to push a new weapons package for Israel and Ukraine through Congress that will be significantly higher than $2 billion.

Russian attacks on Ukraine in the past 24 hours, local officials reported Sunday. Two people were killed and three more injured in the Kherson area after more than 100 shells bombarded the region over the weekend, local governor Oleksandr Prokudin wrote on social media.

Israel but so far there are no reports of any Indian getting injured or kIlled, just as the government has mounted Operation Ajay to evacuate Indian citizens. That's the immediate threat the conflict poses to India. However, India will be impacted in many serious ways if the conflict drags on or explodes into a bigger war. The conflict could widen as Israel began ground raids inside the Gaza Strip. Israel's announcement marked a shift from an air war to ground operations to root out Hamas fighters a week after the Palestinian terror group's deadly rampage in southern Israel. Live: The latest on the Israel-Hamas conflict The possibility of Israel-Hamas conflict dragging in many other countries is spooking the economy since any trouble in West Asia will have an immediate impact on oil supply, a frightening prospect after another geopolitical crisis, the Russia-Ukraine war, rattled the world last year disrupting energy and food trade. Given that the global economy is not in good health and the threat of recession looms in the US, the conflict poses a serious threat. How exactly will India be hit by the conflict? It seems a contained conflict that does not last long will not upset India in any significant manner but a longer conflict can destabilise India's economy.

Putin will travel to China this week to meet Xi Jinping, the Kremlin chief's first trip outside the former Soviet Union this year. What are the five things to watch for at the meeting?

₹1497 per 10 gm on the Multi Commodity Exchange (MCX). The gold future contract for December expiry on MCX ended 2.58% higher at ₹59,415 per 10 gm levels on Friday. The rally in gold was seen in the times of the Russia-Ukraine war also.

BEIRUT (Reuters) — Reuters visuals journalist Issam Abdallah, 37, who was killed on Friday while filming Israeli missile attacks at the Israeli-Lebanon border, brought courage, compassion and insight to his work covering some of the biggest news stories of the past decade.

By Jorgelina do Rosario and Elisa Martinuzzi

Also Read: Global oil market sensitive to Israel-Hamas war; Russia ready to boost supplies to Saudi Arabia: Novak Brent futures settled up $4.89, or 5.7 per cent, at $90.89 per barrel. US West Texas Intermediate (WTI) crude gained $4.78, or 5.8 per cent, to $87.69 a barrel. Both benchmarks posted their highest daily percentage gains since April.

By Laurie Chen

Follow our LIVE coverage of the Israel-Hamas War here “Once someone ventures into the space of 'who is the perpetrator and who is the victim,' you enter into the exposure of social media disinformation and risk," he added. Here's a look at all that was said and promised. JPMorgan Chase CEO Jamie Dimon, on a post-earnings call, expressed deep sadness about recent attacks on Israel, stating, "Terrorism and hatred have no place in our civilized world," before delving into the financial results.

JPMorgan Chase's third quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank's CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability. «This may be the most dangerous time the world has seen in decades,» Dimon wrote in the bank's earnings statement. Dimon laid out a laundry list of major issues: the Russia-Ukraine War, the new war between Israel and the Palestinians in Gaza, high levels of government debt and deficits, high inflation, as well as the tight labor market, where worker demands for increased wages has led to high-profile strikes in manufacturing and entertainment.

(Reuters) — U.S. Treasury Secretary Janet Yellen met with U.K Chancellor of the Exchequer Jeremy Hunt on the sidelines of the annual meetings of the International Monetary Fund and World Bank in Marrakech, Morocco on Friday, the U.S. State Department said.

corporate capex clawing back to 13.5% by 2015-16. This upward trajectory was, however, short-lived, with the investment cycle resuming its downtrend as the corporate GCF-to-GDP ratio fell to 10.7% in 2021-22, which was lower than even the ratio seen in 2008-09. This has been the longest downturn in corporate capex in the last 50 years. Multiple factors have contributed to this protracted decline: Introduction of structural reforms, such as GST, IBC and Rera. Though these reforms were essential to strengthen India’s long-term growth potential, they created some uncertainty in the short run. Covid-19, Russia-Ukraine conflict and unfavourable global macroeconomic environment. Unlike corporate investment, corporate savings have remained stable.

exports fell 2.6% year on year to $34.5 billion in September even as the government revised upwards the export growth in August to 3.88% from a 6.8% contraction reported earlier. A sharper decline of 15% in imports narrowed the trade deficit to a five-month low of $19.4 billion in September from the revised $21.6 billion in August. Sequentially, the outbound shipments shrank 10% in September. «Green shoots are confirmed by the September data. The October weekly trend data is also positive.

JPMorgan Chase & Co posted another quarter of record net interest income and boosted its forecast for the year as the company benefits from higher interest rates and its purchase of First Republic Bank.

SlateStone Wealth chief market strategist Kenny Polcari joined ‘Cavuto: Coast to Coast’ to discuss the various union strikes and their impact on the stock market.