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UN names threat that may cause global spike in prices

“The current surge in freight rates will have a profound impact on trade, and undermine socioeconomic recovery, especially in developing countries, until maritime shipping operations return to normal,” UNCTAD Secretary-General Rebeca Grynspan explained, as cited by Reuters. In its Review of Maritime Transport 2021, published on November 18, UNCTAD stated …

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Germans facing ‘really terrible Christmas’

Speaking on Thursday, the director of the Robert Koch Institute, Lothar Wieler, reiterated the case for new, strict countermeasures to prevent the spread of Covid-19. “We are currently heading toward a serious emergency,” Wieler stated, adding “we are going to have a really terrible Christmas if we don’t take countermeasures …

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Russian Nobel Peace Prize winner fined for breaking law

The penalty comes just a month after Muratov was awarded the Nobel Peace Prize in Sweden for “efforts to safeguard freedom of expression.” Moscow’s Basmanny District Court penalized Muratov and the newspaper a total of three times, with the editor-in-chief being fined 12,000 rubles ($164) and the outlet 120,000 rubles …

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UK citizenship could be revoked without notice

The legislation, which is currently going through the ‘reporting stage’ before being presented to parliament for a third reading, has been quietly updated.  The latest edition of the bill includes a clause which would give the home secretary powers to strip someone of their citizenship, without telling them. Clause 9 …

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Bill Gates predicts Covid-19 mortality rate

Speaking on Thursday in a virtual interview at the Bloomberg New Economy Forum in Singapore, founder of Microsoft stated that vaccines, natural immunity and emerging oral treatments mean that “the death rate and the disease rate ought to be coming down pretty dramatically.”   The tech mogul, who has been particularly …

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Russia sets preconditions for digital ruble rollout

“It should be a real, full-fledged ruble – no discount or anything else,” the central bank’s governor Elvira Nabiullina told the State Duma committee this week, adding that the regulator expects to test the digital ruble for at least a year before an actual rollout. The task for the CBDC …

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World-famous musician detained in Turkey on terrorism charges

Souleyman was brought in for questioning on Wednesday, with officers also searching through his home in Turkey’s southeastern province of Sanliurfa, the singer’s manager said. The arrest was likely provoked by recent reports that the musician had traveled to an area in Syria controlled by the Kurdish militias known as …

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