Continental Financial News

BRICS nations will consider at their summit next month is the establishment of long-term payment systems for cross-border commerce, the Russian Foreign Ministry said. «Given the current international situation, this issue will be addressed during the upcoming meeting of the bloc's leaders,» the ministry said on Friday, referring to the summit in Johannesburg, South Africa, on August 22-24, RT reported. The use of national currencies in cross-border commerce is hindered, according to the Russian Foreign Ministry, by things like their restricted convertibility and higher volatility than the US dollar.

The U.S. has transformed global markets by boosting crude-oil exports more than 30-fold over the past decade. Much of the boom hinges on Corpus Christi Bay.

mental health. Fair enough. A bit further from the mainstream are the “post-growth" advocates, who think people can be just as happy with economies going up or down.

By Nell Mackenzie

Diablo IV or Diablo 4 has been an instant hit with gamers across the world. The European video gaming market also felt the positive impact of the Diablo IV as the last month's sales in the continent recorded a staggering figure of 15.5 million, as per GSD data. For those unaware, this data covers digital games primarily from major AAA games publishers and physical retain games from major European cities. If we segregate the numbers, then the obtained data shows that more than 5 million were sold physically and around 10.5 million digitally. Now, the big credit behind the uptick in sales goes to Diablo IV. The hype surrounding the game seems to have paid off, after a 20 per cent hike was recorded from June previous year.

India and Pakistan will lock horns on September 2 in Kandy in the 2023 Asia Cup, scheduled to start on August 30, according to ESPNcricinfo. A total of 13 matches will be played in the tournament. Pakistan is grouped with India and Nepal in Group A, while Sri Lanka, Bangladesh, and Afghanistan are in Group B.

Vladimir Putin will not attend a BRICS nations summit in South Africa next month, the country's presidency said on Wednesday, ending months of speculation. Putin's potential visit has been a thorny diplomatic issue for South Africa. The Russian leader is the target of an International Criminal Court arrest warrant — a provision that Pretoria as an ICC member would be expected to implement were he to set foot in the country. «By mutual agreement, President Vladimir Putin of the Russian Federation will not attend the summit, but the Russian Federation will be represented by Foreign Minister Mr (Sergei) Lavrov,» Vincent Magwenya, a spokesman for President Cyril Ramaphosa, said in a statement. The decision follows «a number of consultations» held by Ramaphosa in recent months, the most recent of which took place «last night,» Magwenya said.

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According to a Radar Online report, Prince Harry and Meghan Markle are currently “taking time apart” to rebuild their relationship, after a “family drama” caused a rift in their relationship. A source close to the couple told the tabloid that personal as well as cultural differences have caused the couple to drift apart. “Harry doesn’t fit in Meghan’s tacky, Tinseltown world,” told the source to the news portal.

House Republicans are searching for solutions to climate change without restricting American-produced energy that comes from burning oil, coal and gas

India head coach Igor Stimac on Monday sought Prime Minister Narendra Modi's intervention for the national football team's participation at the upcoming Asian Games despite not meeting the selection criteria. The All India Football Federation (AIFF) had planned that Stimac would take an Under-23 side to the Asian Games in Hangzhou event, starting from September 23. However, since the Indian football team does not meet the Sports Ministry's criteria of being ranked among the top-8 sides, it is set to miss the continental event.

Sicily in 2021 had been verified as the European high temperature record, against which the current heatwave will be measured. The United Nations' World Meteorological Organization (WMO) keeps the World Weather and Climate Extremes Archive and painstakingly verifies any claimed records including for temperature, rainfall, aridity, wind speeds and lightning.

Europeans are facing a new economic reality, one they haven’t experienced in decades. They are becoming poorer. Life on a continent long envied by outsiders for its art de vivre is rapidly losing its shine as Europeans see their purchasing power melt away.

From North America to Europe and Asia, people gulped water and sought shelter from the sweltering heat, with the mercury expected to reach new highs in several places in the next few days. Europe, the globe's fastest-warming continent, was bracing for its hottest-ever temperature this week on Italy's islands of Sicily and Sardinia, where a high of 48 degrees Celsius (118 degrees Fahrenheit) is predicted, according to the European Space Agency.

southern Europe began a brutally hot week on Monday with temperatures expected to top 40 C — or 104 F — on a continent already overburdened by tourists. The health ministry issued 10 recommendations to protect elderly people, the sick and pets from the heat, urging people to stay indoors during the hottest hours, drink at least 1.5 liters (nearly half a gallon) of water a day and refrain from strenuous exercise at peak daylight times. The culprit was a high-pressure anticyclone dubbed Cerberus, the multi-headed dog that guards gates to the underworld in Greek mythology.

global challenges such as addressing financing gaps, pushing economic growth and ensuring sustainable development, India's G20 Sherpa Amitabh Kant said on Saturday. He also described the ongoing discussions at the third Sherpas' meeting in this heritage city as a «very huge success» and that the negotiators were supportive of priorities of the Indian presidency of the G20.

The United Nations’ top court has rejected a case brought by Nicaragua in a decades-long dispute with Colombia over maritime borders and entitlements in the Caribbean

Manchester City has topped the list of FIFA payments to clubs whose players were selected for the 32 national teams in Qatar

The fossilized skeletons of an aerial predator with a 20-foot wingspan and an aquatic reptile with a snake-like neck will be auctioned in New York this month

Iran’s president has begun a rare visit to Africa as his country under heavy U.S. economic sanctions seeks to deepen partnerships around the world

₹11,074 crore in Q1FY24 which was up 16.8 per cent YoY while the company's revenue for the quarter stood at ₹59,381 crore, rising 12.6 per cent YoY. The company's revenue growth in constant currency terms rose 7 per cent YoY. The operating margin during the quarter under review expanded modestly by 0.10 per cent YoY to 23.2 per cent.