The United Nations Security Council has extended the UN peacekeeping mission in Mali (Minusma) for another year. Thirteen of the fifteen members of the Security Council voted in favour of the extension, and only China and Russia abstained. The mission consists of a force of nearly 14,000 blue helmets, […]
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Recession Fears Lead to Losses in Asian Markets
Stock markets in Asia and Australia fell on Wednesday. Fears of a recession and high inflation resurfaced among investors. New consumer confidence releases in Japan and South Korea did little good for sentiment. The South Korean central bank said consumer confidence fell sharply in June. Households in Asian countries […]
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Ghislaine Maxwell Hears Sentence in Epstein Case
Ghislaine Maxwell will hear on Tuesday what sentence the judge will impose on her for involvement in sexual abuse by her wealthy ex-partner Jeffrey Epstein. Maxwell, 60, was found guilty late last year of recruiting young women who were abused by Epstein. New York prosecutors demanded 30 to 55 […]
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Total Value of Crypto Coins Again Around 1000 Billion Dollars
The total value of all crypto coins together fluctuates around 1000 billion dollars. That is the first time in about ten days. Bitcoin was worth more than $21,000 on Monday morning. Earlier this month, the main digital currency was worth less than $18,000. Cryptocurrencies have suffered significant losses this […]
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UK Consumer Confidence Dips to All-Time Low
Consumer confidence in the UK has fallen to an all-time low this month. British consumer confidence is under pressure mainly due to the sharp rise in energy and food prices, including the war in Ukraine. The nationwide strikes, including those at the railways, also weighed on consumer sentiment. According […]
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Chinese Stocks Soar After President Xi Jinping’s Remarks
Chinese stock markets gained ground on Thursday. Investors reacted to comments from Chinese President Xi Jinping. According to the Chinese state news agency Xinhua, Xi stated in a speech that China will meet its economic target for this year and limit the impact of the corona outbreaks. Beijing aims […]
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UK: Half of the Donetsk People’s Republic of Armed Forces Eliminated
About 55 percent of the armed forces of the Donetsk People’s Republic (DPR), the separatist part of eastern Ukraine supported by Russia, have been knocked out, according to the United Kingdom. According to figures published by the DPR on June 16, 2,128 soldiers have been killed and 8,897 injured […]
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Russia Broadcasts State TV in Occupied Kherson
Pro-Russian television will be broadcast in the Ukrainian region of Kherson from Tuesday. After weeks of occupation, Russia has switched all television towers in that region to Russian television. The state channels are broadcast for free. Kherson in southern Ukraine was one of the first regions to fall into […]
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Loss of Heavyweight Samsung Weighs on South Korea Stock Market
The South Korean tech group Samsung was a clear loser on the stock exchange in Seoul on Monday. Investors are concerned about the continuing shortage of memory chips, coupled with fears of an economic recession. These can hinder the company, also because more and more central banks worldwide are […]
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Bank of Japan Maintains Loose Monetary Policy
The Bank of Japan (BoJ) maintained its accommodative monetary policy on Friday. This puts the rate of the country’s central bank at odds with that of other central banks worldwide, which are raising interest rates to curb sky-high inflation. For example, the US Federal Reserve announced its strongest rate […]