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Weapons sent to Ukraine appearing on black market – Putin

Western weapons flowing into Ukraine have begun to make their way onto black markets, Russian President Vladimir Putin said during a meeting with the heads of security and special services of the Commonwealth of Independent States (CIS) countries on Wednesday. The Russian leader called on the participants of the meeting …

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UK becoming ‘emerging market country’ – Saxo Bank

The UK is “more and more looking like an emerging market country,” Saxo Bank Head of Macro Analysis Christopher Dembik said in a research note on Monday, CNBC reports. The analyst pointed to political instability, trade disruptions, an energy crisis, and skyrocketing inflation as major indicators behind this. “What Brexit …

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Three killed in Ukrainian shelling of Donetsk market – DPR

Ukrainian troops shelled the Mayski market in Donetsk on Monday, killing three people and injuring four, Donetsk People’s Republic officials have said. Yan Gagin, an adviser to the Donetsk government, told reporters that a woman and a child are among those killed. City officials also reported that a hospital and …

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Key energy market headed for crunch this winter – experts

The liquefied natural gas (LNG) market could be hit with a potentially historic shortage this winter as the world rushes to secure the super-chilled fuel, Bloomberg reported this week, citing experts. According to the sources, the EU’s plan to cut imports of piped Russian gas by two-thirds by the end …

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Disney reveals losses from leaving Russian market

The Walt Disney Company published a financial report on Wednesday, claiming it had lost $195 million from shutting down its Disney Channel alone in Russia.  “In the current quarter, the Company recorded charges totaling $195 million due to the impairment of an intangible asset related to the Disney Channel in …

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Ukrainian strike on Donetsk market was a terrorist act

If the Donetsk marketplace that was hit by rocket artillery on Thursday had been in a city controlled by Kiev, the names and faces of the five civilians killed would be on all major news sites. But because it was another Ukrainian attack on civilians in the Donetsk People’s Republic (DPR), the deaths and …

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US & Germany sanction Russian darknet market

The United States and Germany have slapped sanctions on the Hydra marketplace, said to be among the largest darknet platforms in the world, with Berlin shutting down servers belonging to the Russia-based site while seizing millions of dollars in proceeds.  The US Treasury Department announced the move on Tuesday, declaring …

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Global auto market in trouble – S&P

Auto market data provider S&P Global Mobility said on Wednesday that the shortages hampering global vehicle production are expected to persist into 2022 before supply catches up with demand in early 2023. The agency has downgraded its outlook for world light-vehicle output by 2.6 million units for both years, to …

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