World News

G7 leaders on Sunday launched the group’s annual summit in southern Germany with the war in Ukraine, food insecurity and the looming economic crisis dominating the agenda. The first day of the G7 summit, which brings together the leaders of the world’s most advanced economies, started with a bilateral meeting between German chancellor, Olaf Scholz, …

G7 SUMMIT – Scholz: G7 will send ‘clear signal of unity’ to Russia – AXJ Spain Read More »

Given the damage already done to the economy and markets, the default is also mostly symbolic for now, and matters little to Russians dealing with double-digit inflation. This content was originally published here.

Australia’s finance minister has hit out at critics of a decision to reduce parliamentary staffers for the crossbench, refuting the suggestion crossbenchers “do more work” than other MPs. Prime Minister Anthony Albanese informed the crossbench on Friday he had cut their staffing allocation to a quarter of what it was in the previous parliament, leaving …

Australia news LIVE: Blockade Australia protests disrupt Sydney; abortion rights in rural areas ‘dire’; Australia stagflation risks grow; Russia strikes Kyiv Read More »

Russia continues to find ways to sell its oil and fund the war in Ukraine despite the West’s best efforts to strangle its revenues. But a new plan is being hatched. This content was originally published here.

Wimbledon struggles to avoid shadow of Russia ban PUBLISHED : 27 JUN 2022 AT 05:45 WRITER: AFP 11 1 Centre Court to the front line for Sergiy Stakhovsky. Centre Court to the front line for Sergiy Stakhovsky. LONDON: It’s been nine years since Sergiy Stakhovsky stunned Roger Federer at Wimbledon in a Centre Court seismic …

Wimbledon struggles to avoid shadow of Russia ban – Welcome Qatar Read More »

‘The whole market is in danger of collapsing’: Germany warns of a ‘Lehman moment’ if Russia cuts off natural gas to Europe This content was originally published here.

WASHINGTON — Four months into the war in Ukraine, the countries aligned against Russia face growing economic pain even as sanctions and energy embargoes are showing little impact on Russian President Vladimir V. Putin’s military campaign or his political standing at home. U.S. officials vowed that Russia’s financial system would be battered if it attacked …

U.S.-Led Alliance Face Frustration Over Russia Sanctions Read More »