Russia will not export food to the detriment of its own market, Deputy Chairman of Russia’s Security Council and former president Dmitry Medvedev said, adding that the West has to blame its own “cosmic cretinism” for the looming crisis. In a lengthy Telegram post, Medvedev commented on recent statements by …
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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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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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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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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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Forced to give up their dreams of a “real house,” first time home-buyers set their sights lower, and ex-homeowners muscled out of the market by Covid-19-related job losses have to do the same. The need is great enough that these once-derided mobile homes are now achieving mainstream respectability, according to …
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The world’s number one cryptocurrency, Bitcoin, has declined to nearly $33,000 on Monday, marking a daily drop of nearly 5%, according to data tracked by CoinDesk. The second most popular crypto, Ethereum, plunged 9.3% to $2,209 in a 24-hour span. Earlier in the day, both tokens fell to their lowest …
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“As of 16.24 (Istanbul time) transactions have been temporarily halted on the market of all shares of our stock exchange,” the exchange said in a statement. The country’s currency has collapsed amid pressure from President Recep Tayyip Erdogan on the central bank to lower borrowing costs to boost the growth …
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“We can see a serious [post-Covid-19 pandemic] decline in the global agro-industrial complex, where our country is showing good growth dynamics. Russian farmers can take leading positions in the world food market,” political analyst Alexei Martynov said this week, as cited by Prime. According to Martynov, the sanctions introduced by …
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In his latest exercise of options,the tech billionaire sold 934,091 Tesla shares for more than $1,000 per share. However, he also purchased another 2.2 million Tesla shares for $6.24 apiece, according to the filings. Musk doesn’t receive a salary or cash bonuses from his company, so he can only pay …
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