Authorities in Shanghai have announced that some Covid-19 lockdown measures imposed on businesses will be lifted from Wednesday. Plans have also been introduced to support the city’s economy, which has been hit hard by the restrictions. The commercial centre has been under a strict lockdown for almost two months. Meanwhile, China’s capital Beijing has reopened …
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European Union officials are meeting Monday to try to break an impasse over a proposed embargo on Russian oil imports amid continued resistance from Hungary. The EU failed to strike a deal despite a push to get an agreement before a two-day meeting of the bloc’s leaders starting Monday afternoon in Brussels. Hungary is refusing …
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BERLIN, May 30 (Reuters) – The Group of Seven major economies jointly condemned on Monday North Korea’s latest intercontinental ballistic missile test and called on all U.N. member states to condemn the nuclear-armed state’s actions. “We are very concerned by the unprecedented series of ballistic missile tests with increasingly versatile systems across all ranges,” the …
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NATO Air Force Command began on Monday the Ramstein Legacy 2022 military exercises on the territory and airspace of Poland, Lithuania, Latvia and Estonia. The drills will take place until June 12 amid ongoing hostilities between Russia and Ukraine. The event will include more than 4,000 troops from 16 NATO member states. “The aim of …
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NEW YORK, May 27 (Reuters) – Major U.S. retailers that recently scrambled to restock shelves amid product shortages disclosed this week that their stores are now packed with too much merchandise, and some are even doing what was unthinkable just a few months ago: discounting unsold goods. It’s a sign of possible more trouble to …
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As Wall Street looks to rebound from a volatile week, “Shark Tank” star and Cyderes CEO Robert Herjavec told FOX Business that he expects the U.S. stock market to plunge even further before hitting bottom. “What we’re seeing on the market side is there’s still about 20 to 30 percent of the bottom to come,” …
https://youtu.be/YuIU0kz2i1s The European Union proposed banning seaborne oil from Russia while delaying restrictions on imports from a key pipeline in an effort to satisfy Hungarian objections and clinch an agreement on a stalled sanctions package that would target Moscow for its war in Ukraine. The European Commission, the EU’s executive arm, sent a revised proposal …
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Russian forces advance in east, shifting momentum Capture of Lyman would set stage for next phase of offensive Sievierodonetsk under assault KYIV, May 29 (Reuters) – Russian forces intensified their assault on the largest city held by Ukrainian forces in the Donbas region in the east on Sunday as Kyiv said it was hopeful longer-range …
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May 28 (UPI) — Russia test fired a Zircon hypersonic cruise missile Saturday from the Barents Sea to a target in the White Sea on Russia’s northwest coast, the Russian Defense Ministry reported. Video footage of the test fire over a distance of 621 miles shared by the Ministry of Defense showed Russia’s Admiral Grigorovich-class …
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https://youtu.be/N1_OSmV1di0 Russian President Vladimir Putin on Sunday seemingly offered to allow Ukraine to resume its shipments of grain through ports in the Black Sea in exchange for sanctions against Moscow to be relaxed, according to the Kremlin. In a phone conversation with French President Emmanuel Macron and German Chancellor Olaf Scholz, Putin said he is …