Month: April 2022
NATO to expand? Chief says Finland — which borders Russia — would be warmly welcomed to the alliance
NATO chief Jens Stoltenberg says it is for Finland to decide if it wants to apply for membership. Anadolu Agency | Anadolu Agency | Getty Images NATO Secretary-General Jens Stoltenberg said Friday that the 30-member U.S.-led alliance would “warmly welcome” Finland should the Nordic country apply for membership in light of Russia’s war in Ukraine. […]
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Kremlin admits ‘significant losses’ of troops; Russia expected to shift defeated forces to east Ukraine. Follow our live updates
Russian forces in northern Ukraine have ‘fully withdrawn” but will be redeployed, UK ministry says Russian troops that had invaded the northern part of Ukraine have “fully withdrawn” to Belarus and Russia, the U.K. Ministry of Defence said on Friday. In an intelligence update, the ministry said at least some of those units will be […]
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India’s central bank keeps rates steady as growth risks re-emerge
Reserve Bank Of India sign can be seen in Kolkata, India, 08 February, 2022. Indranil Aditya | Nurphoto | Getty Images The Reserve Bank of India’s monetary policy committee kept the bank’s key lending rate at a record low on Friday, as expected, as it sought to support economic growth even as inflation edged higher […]
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Is a recession on the way? These unconventional economic indicators may provide some clues
The completion of the world’s tallest buildings is said to be one less conventional indicator of an economic downturn. Pictured here on April 3, 2022, is the Merdeka 118 tower in Malaysia, which was completed at the end of the 2021 and is said to be the world’s second tallest skyscraper. Sopa Images | Lightrocket […]
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Jeep says its new electric Wrangler SUV concept goes 0-60 in 2 seconds
Electric Jeep Wrangler Magneto 2.0 concept vehicle Jeep DETROIT — Jeep has redesigned an all-electric concept version of its flagship Wrangler, as the brand pivots from gas guzzlers to zero-emissions EVs. The Jeep Wrangler Magneto 2.0 concept vehicle comes a year after the Stellantis brand unveiled the first version of the all-electric SUV. Concept vehicles […]
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New study lists Asian countries that will be hit hardest — and least — by the Ukraine war
Global prices for some grains have spiked since the Russia-Ukraine war started, with both countries contributing a significant percentage of the world’s supply for some of those commodities such as wheat. Vincent Mundy | Bloomberg | Getty Images From food prices to tourism and weapons supply, Asia-Pacific countries could be hit hard by the Russia-Ukraine […]
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Tesla CEO Elon Musk hosts ‘Cyber Rodeo’ party to open Austin factory
On Thursday night, Tesla CEO Elon Musk spoke at a grand opening event for the electric vehicle maker’s new $1.1 billion factory near the Austin airport in Texas. At the event, he spoke about how massive the new factory is, and teased products that are still in development, including the Cybertruck, and a robotaxi that […]
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Pakistan’s top court blocks Prime Minister Imran Khan’s move to stay in power
Prime Minister of Pakistan Imran Khan speaks during the 48th Foreign Ministers Council Meeting of Organization of Islamic Cooperation in Pakistan on March 22, 2022. Pakistan’s Supreme Court on Thursday blocked Khan’s bid to stay in power, ruling that his move to dissolve Parliament and call early elections was illegal. Muhammed Semih Ugurlu | Anadolu […]
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Bernstein says these global stock picks will outperform — even as inflation fears grow
Bernstein has a raft of global stock picks to navigate higher-for-longer inflation. Source
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Stay defensive with these global stocks amid market volatility, analysts say
HSBC, Credit Suisse and UBS name their top defensive stock picks. Source
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