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 […]
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 […]
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 […]
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 […]
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 […]
What Insurance Should A Builder Have?
Building work is considered ‘risky’ by insurers, so a builder should take great care when deciding which insurance they should have and when comparing quotes. According to NimbleFins, common types of insurance for a builder include employers’ liability and public liability to start with, but builders typically buy other types […]
10,000 More Civilians in Severodonetsk
About 10,000 civilians remain in the encircled Severodonetsk, according to Governor Sergei Gaidai. That is a tenth of the population before the war when the eastern Ukrainian city still had more than 100,000 people. Severodonetsk and Lischansk are the only places in the Luhansk region that have not yet […]
Two Young People Killed in Lyon Shooting
Two young people, aged 20 and 16, were killed in a shooting in Lyon the night from Tuesday to Wednesday. The shooting happened in the La Duchère neighbourhood, which is known for drug trafficking. A 17-year-old and a 15-year-old were also injured, but their lives are not in danger. […]
Tech Companies Down Again on Asian Stocks
Asian stocks fell again on Tuesday after the continued sell-off on Wall Street. Fears that the US Federal Reserve will intervene harder than expected to combat high inflation have gripped markets. The Fed will make an interest rate decision on Wednesday and may then raise interest rates by 0.75 […]
UK Economy Contracted for Second Month in a Row in April
Fears that the British economy will end up in recession have increased again. The economy shrank for the second month in a row in April under the pressure of sky-high inflation. In addition to rising prices, supply chain problems are also hampering business activity in the country. According to […]