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Russia blames Armenia for breakdown of Azerbaijan peace talks | Politics News

12Jan

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Politics

Russia blames Armenia for breakdown of Azerbaijan peace talks | Politics News

Over the past few months, Russia and Armenia’s relationship has become fraught with tension over the disputed Nagorno-Karabakh region.Russia has blamed Armenia for a breakdown in peace talks with Azerbaijan over the disputed Nagorno-Karabakh region in the latest sign of friction between Moscow and Yerevan over the conflict. For months, Armenia and Azerbaijan, both former Soviet republics, have tried to discuss a peace deal for the contested region in the South Caucasus. Nagorno-Karabakh is internationally recognised as part of Azerbaijan but is home to a mainly ethnic Armenian population. The two neighbour’s conflict over the region began at the start of the 20th century and has broken out into war twice, the latest in 2020. Moscow on Thursday accused Armenia of bailing on peace talks a...

Asos Sales Fall, Hurt by UK Delivery Disruptions in December

12Jan

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Business

Asos Sales Fall, Hurt by UK Delivery Disruptions in December

Asos Plc sales fell during the approach to Christmas as weaker consumer sentiment and UK delivery disruptions hurt orders at the fast-fashion retailer. The final four months of the year were “volatile,” with revenue down 3%, excluding Russia, Asos said Thursday. UK sales declined 8%, and the company still expects a loss in the fiscal first half after discounting and writing off stock. Source link

Russia Blames Ally Armenia for Breakdown in Talks With Azerbaijan

12Jan

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News

Russia Blames Ally Armenia for Breakdown in Talks With Azerbaijan

TBILISI (Reuters) - Russia on Thursday blamed Armenia for a breakdown in peace talks with Azerbaijan over the disputed Nagorno-Karabakh region, in the latest sign of friction between allies Moscow and Yerevan over the conflict.Armenia and Azerbaijan have for months been in talks to broker a peace deal over Nagorno-Karabakh - a breakaway enclave internationally recognised as part of Azerbaijan but home to a mainly Armenian population.For the past month, Azeris claiming to be environmental activists have blocked transport along the only road linking Nagorno-Karabakh to Armenia in what Yerevan has called a government-endorsed blockade. Baku says the protesters have legitimate concerns over illegal Armenian mining, and have denied that the region is under blockade.In a statement on Thursday...

US Department of Energy Rejects Initial Bids to Resupply Oil Stockpile

7Jan

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News

US Department of Energy Rejects Initial Bids to Resupply Oil Stockpile

(Reuters) - The U.S. Department of Energy has rejected the first batch of bids from oil companies to resupply a small amount of oil to the nation’s emergency crude oil stockpile in February, according to a DOE spokesperson.The DOE last month had said it would purchase up to 3 million barrels for delivery to the Strategic Petroleum Reserve in February, the first buy since last year’s record 180-million-barrel release to tame U.S. pump prices.“Following review of the initial submission, DOE will not be making any award selections for the February delivery window,” the spokesperson said in an emailed statement.“DOE will only select bids that meet the required crude specifications and that are at a price that is a good deal for taxpayers,” the spokesperson said.Details about the submissions...

The Top 10 Global Risks for 2023 | Best Countries

7Jan

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News

The Top 10 Global Risks for 2023 | Best Countries

The world faces some of “the most dangerous” risks in decades in 2023, according to a report published this week by the Eurasia Group, a political risk consultancy.,“A small group of individuals has amassed an extraordinary amount of power, making decisions of profound geopolitical consequence with limited information in opaque environments,” according to Ian Bremmer and Cliff Kupchan, the president and chairman, respectively, of the Eurasia Group.,“On a spectrum of geopolitics with integrated globalization at one extreme, these developments are at the other extreme, and they're driving a disproportionate amount of the uncertainty in the world today.”,Indeed, with Putin and Xi topping this year’s report and the Iranian government sliding into the top 5, the extent to which global power ...

Russia is bombarding Ukraine with drones guided by U.S.-made technology, and the chips are still flowing

4Jan

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Technology

Russia is bombarding Ukraine with drones guided by U.S.-made technology, and the chips are still flowing

They menace Ukraine's skies, killing hundreds, and scarring millions. But while Moscow's drones are Russian and Iranian, key technology inside is European and American.On an icy Kyiv morning, inside an unnamed location with sandbags shielding the windows, Ukrainian drone specialist Pavlo Kaschuk holds up a 30-pound drone that Ukrainian forces captured from Russia. "So, this is the Orlan 10," he says. "It is a basic Russian UAV (unmanned aerial vehicle)." He opens it up and removes a module. The chip inside bears a logo that reads U-Blox, a Swiss company. "The task of this chip is orientation in the sky," he says. Without it, the drone "doesn't know where to fly." The Ukrainian government has also shown CBS News proof that similar compo...

Russia Risks Causing New-Year IT Worker Flight With Remote Working Law

2Jan

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News

Russia Risks Causing New-Year IT Worker Flight With Remote Working Law

MOSCOW (Reuters) - Russia's buffetted IT sector risks losing more workers in the new year because of planned legislation on remote working, as authorities try to lure back some of the tens of thousands who have gone abroad without prompting them to cut ties completely.Having relatively portable jobs, IT workers featured prominently among the many Russians who fled after Moscow sent its army into Ukraine on Feb. 24 and the hundreds of thousands who followed when a military call-up began in September.The government estimates that 100,000 IT specialists currently work for Russian companies overseas.Now, legislation is being mooted for early next year that could ban remote working for some professions.Political Cartoons on World Leaders Hawkish lawmakers, fearful that more Russian IT profes...

As recession fears grow for 2023, Trudeau warns: ‘It’s going to be a tough year’ – National

25Dec

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Global News

As recession fears grow for 2023, Trudeau warns: ‘It’s going to be a tough year’ – National

As indications grow that Canada could be headed for a recession, Prime Minister Justin Trudeau has a warning for Canadians: next year will be “tough.” In an International Monetary Fund (IMF) assessment released earlier this month, the global financial agency warned Canada is at risk of tipping into a “mild recession,” despite outperforming its G7 counterparts.The warning comes after years of global economic upheaval — the result of several colliding factors, including the COVID-19 pandemic shutdowns and supply chain chaos, and Russia’s war in Ukraine.While the resulting interest rate hikes, ballooning inflation and sky-high cost of living have battered Canadians’ bank accounts in 2022, 2023 isn’t looking any better, the prime minister told Global National’s Dawna Friesen in a year...

21Dec

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Politics

Why Zelensky’s surprise US visit is so hugely significant

CNN — President Volodymyr Zelensky’s White House visit Wednesday will symbolically bolster America’s role as the arsenal of democracy in the bitter war for Ukraine’s survival and send a stunning public rebuke to Russian President Vladimir Putin. That his first trip outside Ukraine since the Russian invasion in February is to the United States will also highlight President Joe Biden’s historic role in reviving the Western alliance that kept the Soviet Union at bay and is now countering new expansionism by Moscow in an effective proxy war between nuclear superpowers. Zelensky’s arrival will draw poignant echoes of British Prime Minister Winston Churchill’s arrival in Washington, 81 years ago on Thu...

Hasidic Jewish Refugees From Ukraine Celebrate Hanukkah at Hungarian Shelter

19Dec

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News

Hasidic Jewish Refugees From Ukraine Celebrate Hanukkah at Hungarian Shelter

BALATONOSZOD, Hungary (Reuters) - An elderly man in a community of Hasidic Jewish refugees from Ukraine lit the first candle of Hanukkah in their rescue shelter in Hungary, which is home to around 150 people on the shores of Lake Balaton.Saul Melamed, who first fled from Donetsk to Kyiv years before the Russian invasion, sang at the solemn candle lighting with families standing around as they celebrated their first Hanukkah away from their homeland."I think materially it is different here because in our home we had very beautiful Hanukkah of silver... but on the other hand here we have such a community, such a warm atmosphere of Hanukkah," Melamed said on Sunday, smiling."I'm still hoping to go back to Ukraine, I can't be as optimistic as to say that it will end till the next summer, it...