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Russian President Vladimir Putin has signed a decree allowing Russia to target Ukrainian companies and individuals with sanctions in response to Ukrainian sanctions against Russia, the Kremlin website reported on Monday.
- India offloading US Treasuries to support national currency & buy gold
The Reserve Bank of India (RBI) is cutting down on its holding of US Treasuries, joining a number of countries which have been dumping US debt to bolster domestic economies. - China set to open world’s longest sea bridge to Hong Kong & Macau
A $20 billion sea-crossing bridge, connecting mainland China to Hong Kong and Macau is to finally open on Tuesday. The six-lane bridge has been constructed in just nine years. - Saudi Arabia says scandal over Khashoggi killing won't trigger another oil crisis
There will not be a repeat of the 1973 oil embargo despite the crisis over the murder of journalist Jamal Khashoggi at the Saudi consulate in Istanbul, the Saudi energy minister reportedly said on Monday. - Sanctioned Russian assets attracting investment from biggest US pension funds
Mounting political tensions between Moscow and Washington along with endless US threats to impose more and more sanctions haven't prevented America's biggest pension funds from investing in Russia.
- China set to open world’s longest sea bridge to Hong Kong & MacauA $20 billion sea-crossing bridge, connecting mainland China to Hong Kong and Macau is to finally open on Tuesday. The six-lane bridge has been constructed in just nine years.
- Sanctioned Russian assets attracting investment from biggest US pension fundsMounting political tensions between Moscow and Washington along with endless US threats to impose more and more sanctions haven't prevented America's biggest pension funds from investing in Russia.
- Putin signs decree allowing Russian counter-sanctions against Ukraine - Kremlin websiteRussian President Vladimir Putin has signed a decree allowing Russia to target Ukrainian companies and individuals with sanctions in response to Ukrainian sanctions against Russia, the Kremlin website reported on Monday.
- Saudi Arabia says scandal over Khashoggi killing won't trigger another oil crisisThere will not be a repeat of the 1973 oil embargo despite the crisis over the murder of journalist Jamal Khashoggi at the Saudi consulate in Istanbul, the Saudi energy minister reportedly said on Monday.
- India offloading US Treasuries to support national currency & buy goldThe Reserve Bank of India (RBI) is cutting down on its holding of US Treasuries, joining a number of countries which have been dumping US debt to bolster domestic economies.
- US pressures SWIFT to cut off Iran from global banking transactions to enforce sanctionsThe US aims to disconnect Iran from the SWIFT global payment network as part of new economic sanctions against the Islamic Republic in November. Disconnection from network would make it difficult for Iran to get paid for exports.
- Spoils of war? India mulls filling trade gap left by US-China tariff tit-for-tat
India aims to capitalize on the Sino-American trade war and has already compiled a list of 180 products its companies could export to the US, to substitute for the up to $10bn-worth of Chinese goods targeted by Trump’s tariffs. - UK’s plastics recycling industry accused of widespread fraud & pollution
The Environment Agency (EA) is investigating suspected widespread abuse and fraud within Britain's plastics recycling industry. It will deal with complaints that firms and organized crime are abusing the system. - Wedding tourism: Indian couples selling tickets to their big day
Some couples in India, seeking to cash in, have started selling admission tickets to their weddings to tourists wishing to attend the colorful affair. - ‘Hello, death’: Coca-Cola greets New Zealanders in marketing blunder
One of Coca-Cola's marketing slogans in New Zealand did not go over well, turning into a humorous and embarrassing blunder for the company. - Germany sees Russia as stable energy partner as US demands Europe dump Nord Stream 2 pipeline
Europe should stop backing a Russia-led project to deliver natural gas to the continent, according to US Assistant Secretary of State for European and Eurasian Affairs Wess Mitchell. However, not all the European nations agree. - Japan finds itself buried in plastic waste after China stops importing world’s trash
Nations across the globe are beginning to suffer from waste build-up, after China stopped importing recyclable garbage this year. Japan has become the latest country reporting severe recycling industry overload.
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