Independent thinking for complex markets and current events
Russian oil company FORES has announced a bounty of $170,000 for downing U.S.-made F-16s in the Ukraine war. The firm will reward the first Russian soldier who downs an F-16 fighter jet, as per the Russian defence ministry. This as war-torn Ukraine is all set to receive its first U.S.-built F-16 fighter jets this year. …
Anwar Ibrahim points to double standards that condemn Russia’s military operation in Ukraine but don’t support a ceasefire in Gaza Malaysia’s Prime Minister Anwar Ibrahim has accused Western leaders of selectively applying international law when they condemn Russia’s military operation in Ukraine but don’t stand up for a ceasefire in the Israel-Gaza war. Addressing the …
Three out of China’s Big Four state banks have halted payments from sanctioned Russian financial institutions, Russia’s Izvestia news outlet reported on Wednesday. The Industrial and Commercial Bank of China, China Construction Bank, and Bank of China have stopped the transactions since the start of 2024, Alexey Poroshin, the general director of investment and consulting …
France’s President Macron had a plan to make millions of electric vehicles a year. Chancellor Scholz planned to put 15 million on Germany’s roads by 2030. President Biden trumped the lot with a $174bn (£138bn) plan to make the US the world leader. Even Boris Johnson – remember him – had a £1bn plan to …