30 November 2022
Chicago 12, Melborne City, USA
World

Russia-Ukraine war: List of key events, day 197 | Russia-Ukraine war News

Here is the situation as it stands on Thursday, September 8. Fighting Diplomacy Russian President Vladimir Putin called Western sanctions imposed on his country following the invasion of Ukraine a “threat to the entire world”, adding that efforts to isolate Russia were “impossible” amid a pivot towards Asia. At a speech in Vladivostok, Putin also […]

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Business

Why has Russia cut off gas supplies to Europe?

Russia’s move to indefinitely suspend gas flows to Europe via Nord Stream 1 is seen as a further escalation of its policy to inflict economic pain to Germany. Lisi Niesner | Reuters Europe has been thrown into its biggest energy crisis in decades with natural gas supplies from Russia becoming volatile and unpredictable even before […]

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Business

OPEC+ surprises energy markets with a small production cut

The OPEC logo on a sign at the group’s headquarters in Vienna, Austria. Bloomberg | Bloomberg | Getty Images A group of some of the world’s most powerful oil producers on Monday agreed on a small output cut from next month, surprising energy markets at a time of considerable turmoil. OPEC and non-OPEC partners, an […]

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Business

Ukraine nuclear plant loses power line, Moscow makes Europe sweat over gas

U.N. vehicles transporting members of the International Atomic Energy Agency inspection mission on a road outside Zaporizhzhia city in southern Ukraine on Sept. 1, 2022. Genya Savilov | Afp | Getty Images A nuclear power plant on the front line of the Ukraine war again lost external power, U.N. inspectors said on Saturday, fuelling fears […]

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Business

EU urges China and India to support a price cap on Russian oil

BALI, Indonesia — The European Union on Saturday urged China and India to join the G-7 initiative to apply a cap on Russian oil prices, saying it is unfair for countries to pay excess revenues to Moscow amid the Kremlin’s war in Ukraine. The G-7 nations announced Friday that they agreed on a plan to […]

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Business

G20 faces ‘tough’ negotiations on climate

U.S Special Presidential Envoy for Climate John Kerry (right) with President of COP26 Alok Sharma at the G-20 Joint Environment and Climate Ministers’ Meeting in Nusa Dua, Indonesia’s Bali island, on Aug. 31, 2022. Firdia Lisnawati | Afp | Getty Images BALI, Indonesia — G-20 ministers have gathered in Indonesia to discuss their progress on […]

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World

Dell ceases all Russian operations after August offices closure | Business and Economy News

Dell is among several Western firms which are curtailing operations in Russia after Moscow sent troops into Ukraine. Dell Technologies Inc said on Saturday it had ceased all Russian operations after closing its offices in mid-August, the latest in a growing list of Western firms to exit Russia. The US computer firm, a vital supplier […]

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Business

How much does it cost to travel full time? Here’s what one couple pays

Ernestas Tyminas felt “stuck” in his role as a marketing manager at a newspaper in Colorado Springs, Colorado. So he requested two months off to backpack through Asia, he said, landing in Beijing in January 2019. “On the first day … I meet this one,” he said, gesturing to Darina Karpitskaya, sitting by his side. […]

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World

Putin allows inspectors to visit Russia-held nuclear plant | Russia-Ukraine war News

Russian President Vladimir Putin has agreed that a team of independent inspectors can travel to the Moscow-occupied Zaporizhzhia nuclear plant via Ukraine. According to French President Emmanuel Macron’s office on Friday, Putin “reconsidered the demand” that the International Atomic Energy Agency (IAEA) travel through Russia to the site, after the Russian leader himself warned fighting […]

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Sience

Europe’s Plan to Wean Itself off Russian Gas Just Might Work

In 1970, West German politicians and gas executives signed a landmark deal with the Soviet Union that would shape the next half-century of European energy policy. West Germany promised to supply the USSR with steel pipes, while in exchange the USSR would extend a gas pipeline to the border of West Germany and start pumping […]

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