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Tag Archives: historic

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Historic transfer of power occurs in Yemen

Having failed to stay in power over the course of a seven-year-long civil war, Yemeni President Abdrabbuh Mansur Hadi has resigned, handing full authority to an eight-member council led by the country’s former interior minister, Rashad al-Alimi.  “I irreversibly delegate to the Presidential Leadership Council my full powers, in accordance …

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EU citizens face ‘historic decline’ in living standards – MEP

Irish MEP Clare Daly has accused the EU of “shooting ourselves in the foot” by imposing sanctions on Russia, and warned that an embargo on Russian energy imports would lead to “disastrous inflation, rocketing energy costs, and a historic decline in living standards,” all while Russia goes undeterred. Addressing the …

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Israel signs ‘historic’ deal with ex-rival

Israel and the United Arab Emirates have concluded five months of negotiations by signing a free trade agreement, following up on the Abraham Accords that formally established relations between the two nations. Israel’s Minister of Economy and Industry Orna Barbivai and the UAE’s Foreign Trade Minister, Thani bin Ahmed Al …

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Historic roots of the Donbass problem explained

Current events have brought a renewed focus on the Donbass, a historical region on the border of Ukraine and Russia. By the standards of history, this area has emerged quite recently, and has always stood a little apart. It’s important to understand its evolution when viewing this crisis, which began …

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Historic bridge to be dismantled for Bezos’ superyacht

The iconic Koningshaven Bridge, commonly known as De Hef, will be partially dismantled, with its middle section temporarily removed – just so Jeff Bezos’ superyacht can sail through, Dutch media reported on Wednesday.  The construction of the giant, three-masted leisure vessel, reportedly worth €430 million ($485 million), was commissioned to …

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Canada agrees to ‘historic reparations’ for 200,000 indigenous children

The Canadian government has reached a “milestone” $31-billion settlement to compensate indigenous children and families harmed by the “discriminatory underfunding” of the child welfare system on First Nations reservations. Two in-principle agreements – relating to compensation for more than 200,000 affected children dating back to 1991, and to future reform …

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Europe’s largest emergency gas stockpile hits historic low

He told the Handelsblatt newspaper on Thursday that the capacity is currently about 59%, which is a “historically low level” in comparison with previous years. “Since the real winter is yet to come, the relatively small reserves should certainly be handled with care,” Bleschke said, warning “If the withdrawal of …

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Russian men’s tennis stars achieve historic 15-year first

The heavily fancied Russians clinched an unassailable 2-0 lead after Daniil Medvedev defeated former US Open champion Marin Cilic in straight sets, 7-6 (9-7) 6-2, in the second singles match of the tie. Andrey Rublev had set Russia on their way earlier in the day with a hard-fought victory in …

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Russia stocks up as reserves rise to historic rate

In just one week ending October 29, Russia’s international reserves increased by $1.6 billion. The growth is mainly attributed to foreign currency purchases under the current budgetary rule, the Central Bank said. Overall, since the beginning of the year, Russian holdings have soared 7.5%. The country’s international reserves, which serve …

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