Tag Archives: billions

In December 1979, Soviet forces invaded Afghanistan to support the unpopular government of the ruling People’s Democratic Party of Afghanistan (PDPA). They soon found themselves bogged down in a bloody war against the mujahideen guerillas. Nine years later, the Soviets decided that there had been enough bloodshed and, in May …

With the Chicago suburb of Evanston, Illinois, set to become the first city in America to pay black residents reparations, millions of clenched fists will be punching the air throughout the African diaspora. I for one will be raising a glass to the city’s good burghers who’ve come up with …

The report, called ‘The Inequality Virus’, was published on the opening day of the World Economic Forum in Davos, which is being held virtually this year. It showed that the 1,000 richest people on the planet recouped their coronavirus losses within just nine months, but “it could take more than …

One of Muhammad Ali’s best boasts was, “I’m so fast that last night I turned off the light switch in my hotel room and was in bed before the room was dark,” and that comes to mind every time an Amazon package turns up on my doorstep. The doorbell rings, …

After the House and the Senate sealed the deal on a $900 billion plan on Monday night, some US conservatives took to Twitter, highlighting the legal details they found questionable. A hefty amount of outrage was caused by the stimulus bill being tied to billions in foreign and military spending, …

For the first time since 2014, the US Department of Health and Human Services (HHS) has issued a rare special fraud alert highlighting allegations that major pharmaceutical companies have been throwing billions at doctors as part of questionable ‘speaker programs’.  These programs have been accused of offering thin cover for …

JP Morgan pledged to help clients align their business with Paris Agreement emission targets. HSBC announced up to a $1 trillion in green energy funding. An investor group worth $20 trillion in assets urged heavy emitters to clean up their act. Another group, worth $5 trillion, said it will set …

Net loss of JSC “Aeroflot” under RAS amounted at the end of II quarter of this year 26,156 billion rubles against net profit 2,730 billion received a year earlier, follows from the statements of the carrier. Revenue fell in April—June by 85% yoy to 20,837 billion. Overall for the first …

Five richest Russians in one day lost a total of nearly $6.06 billion due to the fall in the markets caused by the situation with the rapid spread worldwide of the Chinese coronavirus. As estimated by experts Forbes, co-owner of Norilsk Nickel Vladimir Potanin lost $1.4 billion (now it is …

“Russia can be criticized in many ways. However, one today no doubt, namely, that the country has learned from its negative experience, – the journalist writes the German newspaper Die Welt Eduard Steiner. – With iron financial discipline second country in the world in oil production prepares its state budget …