Ukraine Financial News

A report says Poland is losing large numbers of Ukrainian refugees from its workforce as they travel to Germany to seek higher wages and government benefits in the rich Western economy

Global gabfests rarely produce significant results, and last weekend’s Group of 20 summit in New Delhi was no exception. The carefully drafted and painfully negotiated declaration will be forgotten as quickly as all its predecessors. The war in Ukraine will rumble on exactly as if the language on the war had not been tweaked to favor the Russian position.

(Reuters) — U.S. House of Representatives Republicans will open an impeachment inquiry into Democratic President Joe Biden after months of investigations of his son Hunter Biden's foreign business dealings, Speaker Kevin McCarthy said on Tuesday.

Also Read: ‘Russia likely to invest trapped rupees in India’: Sergei Lavrov says. Top Points The Russian President made it clear that Ukraine needs to cancel the ban on negotiations imposed by a drecree of the Ukranian President by which he prohibited himself and all others from conducting negotiations, reported TASS, a Russian state-owned news agency. The EEF is being hosted by Vladivostok from September 10-13.

Russian President Vladimir Putin on Tuesday waded into the debate over the criminal charges faced by Republican election candidate Donald Trump, saying the cases against the former U.S. president amount to political “persecution" and expose U.S. weakness.

North Korea, Russia, and China on one side against South Korea, Japan, and the United States. In case North Korea chooses to supply arms to Russia, the already heavy Western sanctions against the country can intensify. The experts claim that Russia has everything, the troubled North Korean economy demands.

ALSO READ: Russia-China relations reached unprecedented historical level will continue to strengthen, says President Putin Putin also described legal proceedings against former US president Donald Trump as 'politically motivated persecution', added the report. "As for the persecution of Trump, for us, in the current environment, it's good because it shows the rottenness of the American system," AFP quoted Putin as saying.

₹100 crore to Sun Group chairman Kalanithi Maran as per the Delhi High Court's order regarding the execution of an arbitral award. On Monday, SpiceJet had presented a cheque for ₹37.5 crore to Maran in court. However, Maran's counsel had declined it and requested SpiceJet to make a bank transfer.

President Joe Biden has wrapped up a five-day diplomatic sprint through Vietnam and India that put a spotlight on complicated relationships he believes will be crucial for global stability

Poland's prime minister says his government will not lift its embargo on imports of Ukrainian grain as scheduled Friday because it would hurt Polish farmers

GENEVA (Reuters) — Global tensions have started to fragment trade as rival trading relationships form, the World Trade Organization (WTO) said on Tuesday, but argued it is premature to declare that globalisation has gone into reverse.

By Joanna Plucinska, Valerie Insinna and Max Hunder

crude oil production by 10 lakh barrels until December 2023. "In this backdrop, Indian refiners which are the key beneficiaries of cheaper Russian crude should still be able to clock GRMs of around $9-10/bbl in FY24 as the likely decline in their margins on processing Brent crude is expected to be offset by the significant expansion in margins on processing Russian crude which can even balance out the potential decline in supply of Russian crude in the near term. Also, with the onset of winter in Western countries, cracks for refined products are expected to improve from the existing levels, further helping the GRMs of Indian refiners," said CareEdge Ratings in its report.

economic downturn last year too, as he expressed the same concerns around central banks and the Ukraine conflict. However, the US economy is in good shape at present despite aggressive rate hikes by the US Fed. Many economists believe the US will avoid a recession.

The Ukrainian military says it recaptured strategic gas and oil drilling platforms from Russia in the Black Sea

Kim Jong Un arrived in Russia on Tuesday for a meeting with President Vladimir Putin that is likely to focus on Russia's desire to buy ammunition to refill reserves drained by its war in Ukraine. The meeting will also underscore deepening cooperation as the two isolated leaders are locked in separate confrontations with the U.S. In return for providing ammunition, North Korea will likely want shipments of food and energy and transfers of sophisticated weapons technologies. A meeting with Putin would be Kim's first with a foreign leader since North Korea closed its borders in January 2020. They met for the first time in April 2019, two months after Kim's high-stakes nuclear diplomacy with then-U.S.

Elon Musk is unveiled as a complex character in an eagerly-awaited biography by Walter Isaacson, the man renowned for chronicling the lives of Steve Jobs, Albert Einstein and Leonardo da Vinci. Driven by what some describe as a "demonic" zeal, Musk's multifaceted life—from his early struggles with an overbearing father to his recent unorthodox management decisions—gets a closer look. Isaacson's book on Musk has already become a bestseller in the United States, even before its official release.

The Swedish government wants to increase the country's defense budget by 28% as it prepares to join the NATO alliance

Elon Musk's decision to deny Ukraine access to Starlink internet services for a potential attack on Russian forces in Crimea last September has prompted discussions about the need for clearer language in future contracts with the US military, specifying how procured services or products may be employed in wartime scenarios. As per a report by AP, excerpts from a recent biography of Elon Musk, as reported by The Washington Post last week, disclosed that in September 2022, Ukrainian authorities had requested Starlink support for a potential offensive against Russian naval vessels stationed at Sevastopol, located in Crimea.

President Joe Biden has wrapped up a five-day diplomatic sprint through Vietnam and India that put a spotlight on complicated relationships he believes will be crucial for global stability

marine gas turbines (MGT) that power warships and submarines of the Indian Navy. There is a sense of urgency to create a domestic ecosystem for such equipment given the war in Ukraine that has impacted Zorya-Mashproekt, the primary supplier of the MGTs to the Indian Navy. According to officials aware of the development, public sector undertaking Bharat Heavy Electricals Limited (BHEL) and Bharat Forge from the private sector are said to be among the companies that have been individually consulted for developing and supplying the MGT suited to the Indian Navy's needs. «Some inputs have also been provided by the Indian Navy to BHEL to aid the development of equipment and spares,» one of the officials quoted above told ET. The Ukraine-Russia conflict has impacted supply of spares and parts for MGTs. The move to develop indigenous options is also in line with the Make in India initiative to cut down imports of defence-related equipment.