Results highlight the dramatic decline of Gazprom since Russia launched its full-scale invasion of Ukraine in 2022. Kremlin-owned gas giant Gazprom has said it plunged to a net loss of 629 billion roubles ($6.9bn) in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with…
Paris-based organisation predicts global economy to expand by 3.1 percent this year and 3.2 percent in 2025. The Organisation for Economic Co-operation and Development (OECD) has upgraded its outlook for the global economy on the back of stronger-than-expected growth in the United States and China. The global economy is forecast…
Tokyo, Japan – When Japanese book publisher Kadokawa announced last year it would publish a translation of Abigail Shrier’s Irreversible Damage: The Transgender Craze Seducing Our Daughters, it ignited a culture-war skirmish of the kind rarely seen in Japan. Trans rights activists organised a protest in front of Kadokawa’s Tokyo…
Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US money-laundering laws at the world’s largest cryptocurrency exchange. The sentence was imposed by United States District Judge Richard Jones in Seattle, who rejected prosecutors’ request that the 47-year-old Zhao serve a…
US tech giants, including Google, Meta and Amazon, face pushback from their workers for supporting Israel’s military. After Amazon and Google signed a $1.2bn contract to launch Project Nimbus, providing cloud technology to the Israeli government and the military, tech workers started to notice more Israeli use of artificial intelligence…
“How many tennis balls can fit in a passenger plane?” Neeraj, a young economics graduate from the premier Indian Institute of Technology (IIT), was given 15 minutes to solve this question during his interview rounds at Nation With Namo (NwN), one of the in-house political consultancies of India’s governing Bharatiya…
TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the United States, Reuters reported citing four sources. The algorithms TikTok relies on for its operations are…
A United States development aid agency whose return to the Solomon Islands has been delayed for years without explanation found “overwhelming support and enthusiasm” for its work, with the Pacific island nation’s leader telling officials “We need you”, a previously unreleased report shows. The Peace Corps’ findings bring into focus…
The Democratic-majority Senate is expected to vote on the bill next week, sending it to President Joe Biden to sign into law. The United States House of Representatives with broad bipartisan support has passed a $95bn legislative package providing security assistance to Ukraine, Israel and Taiwan, despite bitter objections from…
Quito, Ecuador – He was elected president at a time of crisis, as Ecuador’s murder rate skyrocketed and gang violence seeped across the country. Now, Ecuadorian leader Daniel Noboa is taking a plan of action to the voters, with an 11-part referendum on Sunday. The referendum includes a wide range…
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