Putin says sanctions against Russia won’t work as he vows to continue Ukraine invasion April 12, 2022 Vladimir Putin has said the West’s “blitzkrieg” of sanctions against Russia will not work as he vowed to continue his “noble” invasion of Ukraine. Putin today said peace talks with Kyiv are at a “dead end” and that the invasion is “going to plan”, despite Russian troops failing to achieve any of their major military [...]
Tech firm behind NHS’ covid data system moves security operations to UK amid Kremlin cyber attack fears May 16, 2022 Fears of a Russian cyber attack has forced the firm behind the NHS’s vaccine rollout to move permanently to Britain. Palantir is taking its security operations away from the United States to the United Kingdom, amid concerns about the Kremlin launching an attack on cables laid under the Atlantic Ocean, according tot he Telegraph. The [...]
Putin declares four regions of Ukraine part of Russia as nuclear warnings rumble September 30, 2022 Russian President Vladimir Putin has declared four Ukrainian regions part of Russia, amid renewed warnings the Kremlin may use a strategic nuclear weapon. In a ceremony at the Kremlin, the authoritarian leader announced that Donetsk, Luhansk, Kherson and Zaporizhzhia would be subsumed by Russia, following four ‘referendums’, which were widely declared as illegal and a [...]
Evraz profits plunge 99.5 per cent as sanctions hit August 4, 2022 Russian steel giant Evraz saw its profits fall by 99.5 per cent in the first half of the year after sanctions were slapped on the firm in May and demand for its products dried up.
Asset managers show signs of rebound as assets tick up and outflows slow January 18, 2023 London-listed asset managers Liontrust and Rathbones showed signs of a rebound today as assets under management ticked upwards and the volume of investors pulling their cash from funds began to slow. London’s big money managers have suffered a torrid 12 months as markets descended into turmoil in the wake of war in Ukraine and soaring [...]
National Grid to pay factories for gas cuts in emergency plans to fight winter crisis August 23, 2022 The National Grid has drawn up emergency plans to reduce power demand from factories across Britain as the winter crisis bites.
Ex President George Bush mocked for gaffe: ‘wholly unjustified and brutal invasion of Iraq. I mean Ukraine’ May 19, 2022 Former American president George Bush Jr has come in for ridicule after accidentally referring to the “illegal invasion of Iraq” during a speech about the war in Ukraine. The ex Republican leader, 75, made the Freudian slip during an event in Dallas, Texas, on Wednesday, at an institute in his name. In a video posted [...]
Stock and bond prices fall for first time since 2008 financial crisis but only to $255 TRILLION June 27, 2023 The value of stocks, bonds and other financial assets across the world have fallen for the first time since the 2008 financial crisis as central banks globally have jacked up interest rates aggressively to tame stubbornly high inflation. Global financial wealth slimmed four per cent last year to $255 trillion, the first drop in 15 [...]
Gold weighed down by hawkish Federal Reserve and resurgent US dollar July 4, 2022 The hawkish US Federal Reserve's response to soaring inflation and the strengthening of the US dollar continue to weigh down gold prices.
Mining giant BHP warns of continuing market volatility into 2023 July 19, 2022 Mining giant BHP has said it expects market volatility caused by inflationary pressures, labour shortages, and supply chain disruption to continue into 2023. In a trading update, the Australian firm said the war in Ukraine and the energy crisis in Europe will offset any positive economic impacts of China’s stimulus policies on global growth, as [...]