France has raised the terrorism alert level across the country following an attack on a packed music venue in Russia, which left 137 people dead. On Friday, four men opened fire inside Crocus City Hall outside Moscow and set the building ablaze. All of the terrorists were later detained while …
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Serbian President Aleksandar Vucic said on Tuesday his country will stop receiving Russian oil imports soon due to the EU’s latest package of sanctions. He explained that the Russian fuel is first delivered by tankers to Croatia and is then sent for processing through the Adriatic oil pipeline. Serbia imports …
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Billionaire Elon Musk said on Monday that the US economy is probably in a recession that could last anywhere from a year to 18 months. He suggested, however, that recessions aren’t necessarily a bad thing, adding that he’s been through a few of them in his time in public companies. …
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Amazon founder Jeff Bezos has asked whether China gained “leverage” over Twitter after Tesla CEO Elon Musk bought the platform in a multi-billion dollar deal, though quickly walked back the comment. Bezos took to social media on Monday to muse about Musk’s purchase of Twitter for $44 billion, insinuating the …
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The Federal Reserve will face a difficult task in tightening monetary policy enough to cool inflation without causing a recession in the United States, Goldman Sachs Chief Economist Jan Hatzius wrote in a research report on Sunday and seen by Bloomberg. The analyst sees the odds of economic contraction at …
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Russia has increased export quotas on complex mineral fertilizers to support domestic producers, according to a resolution published on the Cabinet of Ministers website on Sunday. “The current export quotas for Russian producers of mineral fertilizers have been temporarily increased by nearly 700 thousand tons,” the resolution states. The measure will be …
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The ‘Stand Up for Ukraine’ pledge drive and concert event has already netted over $11 billion (€10.1 billion) for Ukrainian refugees, European Commission President Ursula von der Leyen announced on Saturday. In addition to the $9.9 billion (€9.1 billion) pledged by European leaders and their supporters, the European Bank for …
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The levy on Russian wheat exports will be increased from $86.4 per ton to $87 in the period from March 30 to April 5, the country’s Ministry of Agriculture said on Friday. According to the statement, export tax on barley and corn will amount to $75.6 and $58.3 per ton, …
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Germany’s vice chancellor has said that next winter’s gas supplies to his country have not so far been secured. Robert Habeck, who also serves as the economy and climate minister, hasn’t ruled out there being a so-called domino effect, with a setback in the gas supply chain causing a knock-on …
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The US Federal Aviation Administration (FAA) has revealed it’s in talks with aircraft manufacturers, airlines, and wireless service providers to reduce the impact of the new technology ahead of its planned launch on January 19. In notices to air missions (NOTAMs) published on Thursday, it stated that “aircraft with untested …
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