RUSSIA UKRAINE WAR STOCK MARKET CRASH

Despite Western sanctions over the Ukraine war, Russia has transitioned from an upper-middle to a high-income economy, according to the World Bank's latest rankings. Factors such as increased military activity, a rebound in trade and construction, a...

In the upcoming budget, key priorities for the export sector include boosting e-commerce exports through streamlined policies and infrastructure enhancements. Additionally, there is a push for Production Linked Incentive (PLI) schemes aimed at revit...

Indian PM Modi will visit Russia to meet President Putin. Since the Ukraine conflict, India and China have become major buyers of Russian oil post-U.S. sanctions. Modi, emphasizing peaceful settlement, skipped the Shanghai Cooperation Organization i...

The United States will provide Ukraine with a new $2.3 billion security assistance package, including air defense and anti-tank weapons, as Ukraine faces Russian invasion. US Defense Secretary Lloyd Austin announced the support during a meeting with...

Russia’s 2022 invasion of Ukraine disrupted global fertiliser shipments and pushed prices — and Nutrien earnings — to record heights. But as farmers and retailers balked at the sticker shock, demand tumbled.

The new restrictions on gas aim to reduce Russia's revenues from liquefied natural gas (LNG) exports by banning trans-shipments off EU ports and a clause allowing Sweden and Finland to cancel some LNG contracts. The measures stop short of an EU ban ...

Indian buyers purchased a record 500,000 metric tons of sunflower oil in June due to competitive pricing against soyoil and palm oil from leading suppliers Russia and Ukraine. The war has lead to reduced inventories in the Black Sea region. The lowe...

In a significant move, President Putin's visit to North Korea showcased Russia's willingness to challenge Western interests, particularly in the context of the Ukraine crisis. The pact signed with Kim Jong Un includes mutual military assistance and ...

Russia war: Russia saw a drop in crime levels as men joined the war in Ukraine, but the return of these servicemen is now leading to a surge in offending. Data shows a rise in non-war-related crimes by more than 20%, with violent offenses, theft, an...

Oil prices rose on conflict fears in Europe and the Middle East, with unexpected U.S. crude inventory build. Concerns over escalating conflict and supply disruptions led to price increases in the oil market.

Zelenskyy visited Stockholm as Western nations discuss whether to let Kyiv use weapons provided by them to strike targets inside Russia. The security deals with Sweden and Norway bring to 15 the number of agreements Kyiv has signed with Western nati...

Following the arrest of a Russian deputy defense minister last month, a series of detentions of senior military officials on corruption charges has unfolded. These arrests coincided with President Vladimir Putin's fifth term and a reshuffle of Defen...

Russia currently delivers gas to China through the Power of Siberia pipeline and plans to build a second supply link along the same route no later than in 2027. It has, for years, been trying to sign a third gas contract with China, which would pave...

Russian President Vladimir Putin and Chinese President Xi Jinping have agreed to strengthen their strategic partnership, criticizing the United States for actions they see as threatening their countries. They expressed determination to defend their ...

Ukrainian forces have halted a Russian advance in Vovchansk, a key northeastern town near the Russian border, according to Kyiv. However, Moscow insists it has sufficient resources to continue its offensive. Ukraine's President Zelenskyy acknowledge...

The EBRD forecasts Russia's economy to grow by 2.5% in 2024 despite Western sanctions. Israel's war against Hamas will affect neighboring nations. EBRD issued GDP projections and highlighted the impact of the Gaza conflict on Mediterranean countries...

Defence Secretary Giridhar Aramane highlighted the global demand for defence utilities amidst geopolitical conflicts, urging Indian shipbuilders to enhance capacity. He mentioned government initiatives and targets for indigenous defence manufacturin...

Vladimir Putin commenced his fifth term as Russian leader in a lavish Kremlin ceremony, extending his quarter-century rule marked by political suppression, the Ukrainian conflict, and amassing power. Amid escalating tensions with the West and domest...

As these points of tumult escalate, irrelevance of UNSC and the tangential impact on conflicts in Africa, South America and other parts of the world paints a grim picture. Livelihood and economic logic are factors on which new conversations will now...