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List of All Articles with Tag 'world'

Yellen sticks to view U.S. economy headed for soft landing
Yellen sticks to view U.S. economy headed for soft landing
MARRAKECH, Morocco U.S. Treasury Secretary Janet Yellen said on Wednesday she continued to expect the U.S. economy would
1970-01-01 08:00
Yellen says oil price cap has 'significantly' cut Russia's revenues
Yellen says oil price cap has 'significantly' cut Russia's revenues
By Andrea Shalal MARRAKECH, Morocco U.S. Treasury Secretary Janet Yellen on Wednesday said a G7-led price cap on
1970-01-01 08:00
Ukraine’s forces repel Russian attacks near Avdiivka as Putin’s troops launch new offensive
Ukraine’s forces repel Russian attacks near Avdiivka as Putin’s troops launch new offensive
Ukrainian soldiers successfully repelled attacks along the war frontline at Avdiivka on Tuesday as a new offensive from Russian soldiers erupted near the eastern Ukraine town, officials said. “I can add that our defenders on the Avdiivka front repelled all the attacks of the enemy, no losses of lines and positions were sustained,” colonel Oleksandr Shtupun, the spokesperson of the joint press centre of defence forces, said. He confirmed an escalation of Russian military offensive actions on the same front. He said Ukrainian forces repelled attacks in Keramika, Ocheretyne, Berdychiv, Stepove, Lastochkyne, Tonenke, Avdiivka, and Pervomaiske in Donetsk oblast. Around three Russian battalions launched a ground assault on Monday on the eastern town which remained one of the most heavily fortified areas of Donetsk oblast, officials in Ukraine confirmed. "The invaders also launched air strikes near Berdychiv and Avdiivka. From the morning till now, the civilian infrastructure of Avdiivka and the settlements in the Pokrovske district around it are periodically shelled. Avdiivka was bombarded from tubed artillery and multiple-launch rocket systems,” he said in a national telecast. Ukrainian officials have confirmed that they view Russian attacks along the Andiivka and Donetsk city as active enemy efforts to prevent them from moving forces to Zaporizhzhia. In fresh signs of escalation, Russian tanks and armoured personnel were also seen moving towards Ukrainian lines which were backed by air strikes around 5am on Tuesday morning, reported Kyiv Post citing multiple sources. According to the Ukraine’s general staff of the Armed Forces, Russia targeted more than 130 settlements in Chernihiv, Sumy, Kharkiv, Luhansk, Donetsk, Zaporizhzhia and Kherson oblast with artillery fire. It added that Ukrainian defence forces saw success in the areas east of Klishchiivka and Andriivka. The defence by Kyiv’s troops continued in the south of Bakhmut in Donetsk oblast. In the past 24 hours, Ukrainian Air Force carried out 11 air strikes on Russian positions of concentration of troops, weapons and military equipment and nine air strikes on the anti-aircraft missile system used by Russia. A Russian Su-25 fighter jet and seven drones were also shot down, along with successful attacks on Russian ammunition depot, command post, artillery systems among other critical Russian infrastructure, the general staff said in the latest war update on Wednesday. According to the Russian military bloggers, Moscow’s actions in the Avdiivka area operations were aimed at capturing the city Ukraine took back just last month, the Institute for the Study of War said. They claimed Russian forces wanted to encircle Ukrainian troops. “A successful encirclement of Avdiivka – one of the most heavily fortified areas of the Donetsk Oblast front line – would very likely require more forces than Russia has currently dedicated to the Avdiivka-Donetsk City effort,” it said in its latest assessment. Read More Ukraine-Russia war – live: Moscow fails in bid to return to UN’s top human rights body Russia will only resume nuclear tests if the US does it first, a top Russian diplomat says Ukraine's Zelenskyy visits neighboring Romania to discuss security and boost ties Russia faces a tough fight to regain its seat in the UN's top human rights body
1970-01-01 08:00
World Bank's Banga: Interest rates to stay higher for longer
World Bank's Banga: Interest rates to stay higher for longer
MARRAKECH, Morocco World Bank President Ajay Banga said on Wednesday interest rates will likely stay higher for longer
1970-01-01 08:00
Embattled Swedish Landlord SBB Falls After Goldman Slashes Price Target
Embattled Swedish Landlord SBB Falls After Goldman Slashes Price Target
SBB, the landlord at the center of Sweden’s property crisis, fell as much as 10.2% in Stockholm after
1970-01-01 08:00
Japan Custody Bank to Set Up Fresh Panel Over Alleged Misconduct
Japan Custody Bank to Set Up Fresh Panel Over Alleged Misconduct
Custody Bank of Japan Ltd. will set up a second panel of outside lawyers to probe alleged misconduct
1970-01-01 08:00
GSK Settles Zantac Lawsuit Set for Trial in California
GSK Settles Zantac Lawsuit Set for Trial in California
GSK Plc reached a settlement for another US lawsuit claiming the drugmaker’s blockbuster heartburn medication Zantac causes cancer.
1970-01-01 08:00
India Carries Out More Raids on News Outlet Critical of Modi
India Carries Out More Raids on News Outlet Critical of Modi
An Indian crime investigating agency raided the office of an online news portal and the home of its
1970-01-01 08:00
Japan Starts Its First Carbon Credit Exchange in Net Zero Push
Japan Starts Its First Carbon Credit Exchange in Net Zero Push
Trading on Japan’s first carbon-credit exchange started Wednesday, as the nation looks to put a price on emissions
1970-01-01 08:00
Stock Market Can’t Ignore Impact of Rates on Earnings This Season
Stock Market Can’t Ignore Impact of Rates on Earnings This Season
Stock markets that have refused to buckle under the highest yields since 2007 face a new test. Third-quarter
1970-01-01 08:00
Russia loses vote to rejoin UN’s top human rights body despite Putin’s charm offensive with stolen grain
Russia loses vote to rejoin UN’s top human rights body despite Putin’s charm offensive with stolen grain
Russia’s desperate bid to rejoin the UN’s top human rights body with a charm offensive involving stolen Ukrainian grain and arms was defeated by a significant majority in a General Assembly vote on Tuesday. Russia received 83 votes from the 193-member UN, significantly more than the 24 countries who supported Moscow when it was booted out of the Human Rights Council in another vote more than one year ago. Russia was competing against Albania and Bulgaria for two seats on the Geneva-based UNHRC, representing the East European regional group. Bulgaria secured 160 votes, Albania received 123, while the Vladimir Putin-led nation managed only 83. In the run up to the voting, Russia made efforts to lure African allies and other friendly nations with stolen Ukrainian grain and arms in exchange for their votes – a charm offensive that experts said could work on some nations in need of the bartered goods. Moscow had claimed it had support from a silent majority at the UN, something which Tuesday’s vote shows was not the case. But experts said even its ability to win over 83 countries shows it maintains a surprisingly high level of support on the international arena. “I think the Russians will be pleased that they persuaded a sizable minority of UN members to back them (which) suggests that Moscow is not a total pariah in the UN system, despite repeated Western criticism,” Richard Gowan, UN director of the International Crisis Group, said. That said, the US and Ukraine’s allies were still able to ensure that Albania and Bulgaria swept the contest for the two seats, he said. “So, Kyiv’s friends still have a solid majority in the assembly,” Mr Gowan said.Yousuf Syed Khan, senior lawyer at Global Rights Compliance, said that declining to accept Russia’s bid for HRC membership “means that vulnerable member states were not assuaged by Russia’s bid to provide arms and grain in exchange for votes”. “Today, Ukrainians and the world community alike can welcome this glaring diplomatic success,” he told The Independent. The US and its allies had discouraged many of the UN General Assembly’s members and asked them to vote against Russia, the diplomats aware of Moscow’s attempts to woo nations with grains said. US deputy ambassador Robert Wood told the Security Council that Russia’s re-election “while it openly continues to commit war crimes and other atrocities would be an ugly stain that would undermine the credibility of the institution and the United Nations”. Russian envoy to the UN, Vassily Nebenzia, accused the US of preventing Russia’s return to the council with its campaign. “The main phobia of our American colleagues today is electing Russia to the Human Rights Council,” he told a Security Council meeting called by Ukraine on last week’s strike by a Russian missile on a Ukrainian soldier’s wake in a small village that killed 52 people. Experts have called it a near-unprecedented event where the UN body has acted consistently for 18 months to suspend a member nation. “It is close to unprecedented that the UN Human Rights Council acted as it did 18 months ago, it being only the second time in the Council’s history that a member has been suspended for committing ‘gross and systematic violations of human rights’,” Catriona Murdoch, partner at NGO Global Rights Compliance said. She added that the impact of this war on civilians and “the apocalyptic devastation it is leaving meant the stakes were higher with this vote”. The other closely watched race was in the Asia group where four countries – China, Japan, Kuwait and Indonesia – were candidates for four seats. While all were expected to reach the majority of votes needed and therefore gain a seat each, some rights groups campaigned hard against Beijing and the size of the vote was closely watched. Indonesia topped the ballot with 186 votes followed by Kuwait with 183 votes and Japan with 175. China was last with 154 votes. Additional reporting by agencies Read More UN set to decide on Russia’s Human Rights Council membership as Putin ‘uses Ukrainian grain to buy votes’ Putin’s shameless UN charm offensive - with stolen grain from Ukraine Russia tries to rejoin UN Human Rights Council Ukraine-Russia war – live: Moscow fails in bid to return to UN’s top human rights body
1970-01-01 08:00
Coal’s Coming Decline Has Miners Facing 400,000 Layoffs by 2035
Coal’s Coming Decline Has Miners Facing 400,000 Layoffs by 2035
The energy system’s transition away from coal will leave miners with the equivalent of 100 job cuts daily
1970-01-01 08:00
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