The Biden administration has introduced new export restrictions on U.S.-developed AI chips to prevent countries like China and Russia from accessing advanced technology. This move marks the culmination of efforts to contain China’s growing technological capabilities. Global Export Framework: The…
Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while mixed U.S. inventory data and concerns over slowing Chinese demand also brewed more uncertainty in the market Crude markets were…
US President Joe Biden stated on Tuesday that the world is at a “transformative moment” that the Russia-Ukraine crisis is not merely a European but a global issue, and that Indo-Pacific states would-be allies and lead a global response to…
According to the UN, more than 300 residents have been evacuated from the beleaguered southeastern city of Mariupol and four other towns to Ukrainian-held Zaporizhzhia in a second successful operation to transfer civilians out of areas susceptible to Russian shelling…
According to the official press office, Ukrainian Prime Minister Denys Shmyhal has stated that Ukraine has received 4.5 billion euros (about $4.73 billion) in financial international aid since the conflict with Russia began. Ukraine has received $500 million in grant…
Oil prices gained on Tuesday, extending gains from the previous session, as the European Union firmed up plans to increase sanctions on Russia this week, with Germany indicating that it was willing to support an immediate oil embargo. At 0234…
Ukrainian President Volodymyr Zelenskyy said Russian troops in southern Ukraine have been carrying out torture and kidnappings, and he called on the world Sunday to respond. Torture chambers are built there, Zelenskyy said in an evening address to the nation. They abduct…
A U.N. task force is warning in a new report that Russia’s war against Ukraine threatens to devastate the economies of many developing countries that are now facing even higher food and energy costs and increasingly difficult financial conditions. U.N….
Amid escalating tensions between Russia and Ukraine, a Pakistani student stranded in the war-hit country was rescued by the Indian authorities. According to sources, Pakistan’s Asma Shafique, who was rescued by the Indian authorities, is now en route to Western…
Russia and Russian companies will be allowed to pay foreign creditors in rubles, according to a decree signed by President Vladimir Putin on Saturday, as a way to stave off defaults while capital controls remain in place. The decree establishes temporary rules for…
