The New Development Bank is in “active” talks with investors about issuing a new U.S. dollar bond before the end of the year — a move aimed at shoring up its image in financial markets following a Fitch Ratings downgrade of the institution last month over its links to Russia,
Tag: Russia
School in east Ukraine hit by Russian strike
Ukrainian emergency workers recovered three bodies from a school hit by a Russian strike in the east of the country, officials said Friday, as attacks continued in several parts of the nation. The reported casualties follow a barrage Thursday on a densely populated area of Ukraine’s second-largest city, Kharkiv, that killed
Rooppur NPP: Hydro-accumulators’ testing begins in Russia
Hydraulic testing of half bodies of Passive Core Flooding System (PCFS) Hydro-accumulators begins at Petrozavodsk Branch of AEM-Technologies, Russia. These are intended for Power Unit - 2 of Rooppur Nuclear Power Plant. Eight PCFS Hydro-accumulators will be installed in each unit. According to Rosatom, the Russian contractor of the Rooppur NPP, hydraulic
PM urges US to lift sanctions against Russia
Russian missile strike hits crowded shopping mall in Ukraine
Rescuers searched through charred rubble of a shopping mall Tuesday looking for more victims of a Russian missile strike that killed at least 18 and wounded scores in what Ukraine’s president called “one of the most daring terrorist attacks in European history.” President Volodymyr Zelensky said many of the more than
Vladimir Putin’s war in Ukraine accelerating Russia’s demographic decline
Putin is jeopardizing the future of his country. How many middle-class and wealthy Russians have fled their country since the invasion of Ukraine? Because they are revolted by the war started by Vladimir Putin, fear for their safety, or want to ensure a better future for their children, at least 200,000
Sanctions now weapons of mass starvation
US and allied economic sanctions against Russia for its illegal invasion of Ukraine have not achieved their declared objectives. Instead, they are worsening economic stagnation and inflation worldwide. Worse, they are exacerbating hunger, especially in Africa. Sanctions cut both ways Unless approved by the UN Security Council (UNSC), sanctions are not authorized
A Global Food Crisis: Shortage Amidst Plenty
India is being asked by the US government and the IMF to reconsider its decision to suspend wheat exports. Their cited concern is that export restrictions will exacerbate food shortages amidst Russia’s invasion of Ukraine. But the argument does not stand ground technically or morally. There is no food shortage. According
Russia pounds Ukraine, targeting supply of Western arms
US promises new aid to Ukraine in fight against Russia
Top American officials promised Ukrainian President Volodymyr Zelenskyy hundreds of millions of dollars in new aid during the highest-level U.S. visit to Ukraine since the start of the Russian invasion two months earlier, while Britain said Monday that Moscow has yet to achieve a significant breakthrough in its offensive in