Israel has resumed its attacks on Hamas after a lull lasting several days, accusing the Palestinian armed group of violating the ceasefire. West Jerusalem has repeatedly said that it would resume the hostilities after the truce is over. In a statement in the early hours of Friday, the Israel Defense …
Read More »Resurgent ruble resumes rally
The ruble firmed sharply on the Moscow Exchange on Monday, recouping most of last week’s losses as it retained support from capital controls and Russia’s strong trade account. At 11:16 GMT, the ruble gained nearly 9% on the US currency at 61 rubles per dollar, and was up around 10% …
Read More »Japanese manufacturing giant resumes deliveries to Ukraine
Komatsu, Japan’s largest construction and mining equipment manufacturer, has resumed deliveries to Ukraine, halted after the launch of Russia’s military offensive, the Nikkei newspaper reported on Sunday, citing the company’s president Hiroyuki Ogawa. “Ukraine has a thriving mining industry for iron ore and other natural resources. The machines were still …
Read More »Fighting resumes at Azovstal plant (VIDEO)
Fighting has resumed at the Azovstal plant in the Ukrainian city of Mariupol, several media outlets reported on Tuesday, with footage circulating on social media featuring plumes of smoke billowing from the steelworks. The escalation appears to put an end to the evacuation ceasefire declared earlier by Russian forces. The …
Read More »Russia resumes rough diamond exports to India – media
Alrosa, a partly state-owned Russian diamond mining company, started shipping rough diamonds to India after a pause, the Economic Times reported on Wednesday. According to the outlet, the exporters are using German banks to make transactions in euros due to the sanctions imposed on Russia in the wake of its …
Read More »Offensive in Ukraine resumes after ceasefire – Russia
The Russian Ministry of Defense announced on Saturday that offensive operations in Ukraine would resume from 18:00 Moscow time “due to the unwillingness of the Ukrainian side to influence the nationalists or extend the ceasefire.” “Not a single civilian was able to leave Mariupol and Volnovakha along the humanitarian corridors. The …
Read More »Japan resumes executions
The three convicts, all men found guilty of murder, were executed by hanging on Tuesday, according to the Kyoto news agency, which noted that Japan’s last execution was carried out in December 2019, when PM Shinzo Abe was still in office. Yasutaka Fujishiro, 65, was reportedly sentenced to death after …
Read More »China’s Evergrande averts default with last-minute bond payment, resumes work on 10 projects
According to Chinese state media, Evergrande sent a $83.5 million bond payment to a Citibank trustee account on Thursday, a day before the deadline to pay interest on its US dollar bond. The heavily indebted company will have to make payments on a range of other bonds, currently amounting to …
Read More »Iran’s Bushehr nuclear power plant resumes operation after two-week maintenance to fix ‘technical fault’
The Bushehr nuclear power facility, located south of Tehran, was forced to shut down towards the end of June, with officials initially suggesting it would remain offline for “three to four days,” marking the first time it would pause operations since its construction. Management at the power plant had warned …
Read More »Fortuna pipe-laying vessel resumes work on Nord Stream 2 in German waters
The German maritime regulator said that Fortuna will work in German waters from May 22 to June 31. According to MarineTraffic, the ship has left the waters of Denmark, where it previously worked on the construction of Nord Stream 2 together with the Akademik Cherskiy vessel, and is currently in …
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