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Tag Archives: sends

Traffic jam at Suez Canal sends global shipping costs soaring

The traffic jam has trapped freighters with goods and oil products worth over $10 billion, according to the latest estimates by Bloomberg. The agency added that the losses the global economy will eventually sustain are currently difficult to access. The cost of delivering a standard dry-cargo container with a total …

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As tensions escalate over ‘killer-gate’, Moscow snubs Biden at UN, only sends junior diplomat to virtual summit with US president

President Biden had invited permanent representatives from the United Nations Security Council, on which Moscow has continuous representation, to discuss his country’s “commitment to values-based global leadership.” In addition, the president called for action on crises in regions across the world, including Myanmar, Ethiopia, Syria, and Yemen. However, Dmitry Polyanskiy, …

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