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European banks reveal cost of Russia exit
The need to write down assets as well as setting aside cash to shield against the expected economic ramifications of anti-Russia sanctions has resulted in billions of euro in losses for European banks.
The lenders have so far taken a hit of about $9.6 billion, led by Societe Generale and UniCredit. ING and Intesa Sanpaolo reported that Russian exposure had slashed their combined first-quarter net income by nearly $2 billion.
https://www.rt.com/business/555082-european-banks-billions-russia-ukraine/
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European banks reveal cost of Russia exit
The need to write down assets as well as setting aside cash to shield against the expected economic ramifications of anti-Russia sanctions has resulted in billions of euro in losses for European banks.
The lenders have so far taken a hit of about $9.6 billion, led by Societe Generale and UniCredit. ING and Intesa Sanpaolo reported that Russian exposure had slashed their combined first-quarter net income by nearly $2 billion.
https://www.rt.com/business/555082-european-banks-billions-russia-ukraine/
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Japan warns of Ukraine-like conflict
Japanese Prime Minister Fumio Kishida has warned that a Ukraine-style armed conflict could break out in East Asia. He said that peace and stability in the Taiwan Strait is critical for Tokyo and the international community.
โWe must collaborate with our allies and like-minded countries, and never tolerate a unilateral attempt to change the status quo by the use of force in the Indo Pacific, especially in East Asia,โ Kishida said during a meeting with his British counterpart Boris Johnson in London on Thursday.
โUkraine may be East Asia tomorrow,โ the Japanese PM added.
https://www.rt.com/news/555118-japan-ukraine-east-asia/
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Japan warns of Ukraine-like conflict
Japanese Prime Minister Fumio Kishida has warned that a Ukraine-style armed conflict could break out in East Asia. He said that peace and stability in the Taiwan Strait is critical for Tokyo and the international community.
โWe must collaborate with our allies and like-minded countries, and never tolerate a unilateral attempt to change the status quo by the use of force in the Indo Pacific, especially in East Asia,โ Kishida said during a meeting with his British counterpart Boris Johnson in London on Thursday.
โUkraine may be East Asia tomorrow,โ the Japanese PM added.
https://www.rt.com/news/555118-japan-ukraine-east-asia/
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Dress rehearsal for V-Day parade takes place on Moscow's iconic Red Square
Hundreds of troops and military equipment paraded on Moscow's iconic Red Square on Saturday as part of the final rehearsal for the 77th Victory Day parade on May 9.
A column of 131 weapon systems moved on the Moscow streets, the Russian Defence Ministry said, including the Iskander-M ballistic missile system and the S-400 missile system.
Dress rehearsal for V-Day parade takes place on Moscow's iconic Red Square
Hundreds of troops and military equipment paraded on Moscow's iconic Red Square on Saturday as part of the final rehearsal for the 77th Victory Day parade on May 9.
A column of 131 weapon systems moved on the Moscow streets, the Russian Defence Ministry said, including the Iskander-M ballistic missile system and the S-400 missile system.
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France eyes agricultural waste to replace Russian gas
In an effort to reduce its reliance on natural gas from sanctions-hit Russia, France wants to ramp up biomethane production from agricultural waste. Itโs hoped the biogas can replace Russian fuel in less than 10 years.
French farmers have expressed support for Europeโs bid to wean itself off Russian gas, and are planning to launch new biofuel production facilities, the Associated Press reports, adding that small biofuel stations are already supplying hundreds or thousands of households.
However, the biogas solution is unlikely to provide a quick replacement for supplies from Russia, AP noted.
https://www.rt.com/business/555112-france-bio-methane-russia-gas/
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France eyes agricultural waste to replace Russian gas
In an effort to reduce its reliance on natural gas from sanctions-hit Russia, France wants to ramp up biomethane production from agricultural waste. Itโs hoped the biogas can replace Russian fuel in less than 10 years.
French farmers have expressed support for Europeโs bid to wean itself off Russian gas, and are planning to launch new biofuel production facilities, the Associated Press reports, adding that small biofuel stations are already supplying hundreds or thousands of households.
However, the biogas solution is unlikely to provide a quick replacement for supplies from Russia, AP noted.
https://www.rt.com/business/555112-france-bio-methane-russia-gas/
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Mystery of the rising ruble explained
After losing nearly half of its value in March due to Western sanctions, the Russian currency has staged an extraordinary recovery, strengthening to levels not seen in over two years. RT talked to Sergey Kopylov, a junior partner at consulting company BSC and a lead researcher at Plekhanov Russian University of Economics, to find out whatโs behind the rubleโs resilience.
READ: https://www.rt.com/business/555088-mystery-rising-ruble-revealed/
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Mystery of the rising ruble explained
After losing nearly half of its value in March due to Western sanctions, the Russian currency has staged an extraordinary recovery, strengthening to levels not seen in over two years. RT talked to Sergey Kopylov, a junior partner at consulting company BSC and a lead researcher at Plekhanov Russian University of Economics, to find out whatโs behind the rubleโs resilience.
READ: https://www.rt.com/business/555088-mystery-rising-ruble-revealed/
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CIA director explains why China is โcarefullyโ studying Ukraine
Chinese President Xi Jinping is โunsettledโ by the Westโs reaction to Russiaโs military operation in Ukraine, and is looking โcarefully at what lessons [he] should drawโ and apply to a potential invasion of Taiwan, CIA Director William Burns told a conference on Saturday.
Speaking at a Financial Times conference in Washington DC on Saturday, Burns told his audience that his agency figures that Russiaโs advance through Eastern Ukraine and the scale of the Westโs response may be influencing Beijingโs plans for Taiwan.
https://www.rt.com/news/555133-cia-china-ukraine-taiwan/
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CIA director explains why China is โcarefullyโ studying Ukraine
Chinese President Xi Jinping is โunsettledโ by the Westโs reaction to Russiaโs military operation in Ukraine, and is looking โcarefully at what lessons [he] should drawโ and apply to a potential invasion of Taiwan, CIA Director William Burns told a conference on Saturday.
Speaking at a Financial Times conference in Washington DC on Saturday, Burns told his audience that his agency figures that Russiaโs advance through Eastern Ukraine and the scale of the Westโs response may be influencing Beijingโs plans for Taiwan.
https://www.rt.com/news/555133-cia-china-ukraine-taiwan/
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Canadian sniper โterribly disappointedโ with military reality in Ukraine
Once lauded by the international media, a Canadian sniper known as โWaliโ has returned from Ukraine to Quebec, telling local media that his experience there was a โterrible disappointment.โ He claimed there was inadequate weaponry, poor training and heavy losses, as well as profiteering and desertion in the ranks.
MORE: https://www.rt.com/news/555128-canadian-sniper-wali-ukraine/
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Canadian sniper โterribly disappointedโ with military reality in Ukraine
Once lauded by the international media, a Canadian sniper known as โWaliโ has returned from Ukraine to Quebec, telling local media that his experience there was a โterrible disappointment.โ He claimed there was inadequate weaponry, poor training and heavy losses, as well as profiteering and desertion in the ranks.
MORE: https://www.rt.com/news/555128-canadian-sniper-wali-ukraine/
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Yellow Vests rally in Paris on Saturday in new round of protests after Macron's re-election - WATCH!
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Yellow Vests rally in Paris on Saturday in new round of protests after Macron's re-election - WATCH!
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CIA director weighs possibility of Russian nuke in Ukraine
CIA Director William Burns told a Financial Times conference on Saturday that the USโ intelligence agencies havenโt seen any โpractical evidenceโ that Russian President Vladimir Putin will use tactical nuclear weapons in Ukraine. Ukrainian President Volodymyr Zelensky has previously claimed that Putin could use such weapons.
โWe don't see, as an intelligence community, practical evidence at this point of Russian planning for the deployment or even potential use of tactical nuclear weapons,โ Burns said at the conference in Washington DC, repeating a similar assessment he made at the beginning of April.
https://www.rt.com/russia/555132-cia-tactical-nuclear-ukraine/
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CIA director weighs possibility of Russian nuke in Ukraine
CIA Director William Burns told a Financial Times conference on Saturday that the USโ intelligence agencies havenโt seen any โpractical evidenceโ that Russian President Vladimir Putin will use tactical nuclear weapons in Ukraine. Ukrainian President Volodymyr Zelensky has previously claimed that Putin could use such weapons.
โWe don't see, as an intelligence community, practical evidence at this point of Russian planning for the deployment or even potential use of tactical nuclear weapons,โ Burns said at the conference in Washington DC, repeating a similar assessment he made at the beginning of April.
https://www.rt.com/russia/555132-cia-tactical-nuclear-ukraine/
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Russia defies predictions of collapse โ media
The Russian economy has largely shrugged off โunprecedented sanctionsโ from the West, The Economist noted, crediting the sharp rise in revenues from oil and gas exports. Russian consumer spending is up again, interest rates are going down, and the ruble is stronger than before the conflict in Ukraine escalated.
MORE: https://www.rt.com/business/555097-russia-sanctions-recession-economist/
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Russia defies predictions of collapse โ media
The Russian economy has largely shrugged off โunprecedented sanctionsโ from the West, The Economist noted, crediting the sharp rise in revenues from oil and gas exports. Russian consumer spending is up again, interest rates are going down, and the ruble is stronger than before the conflict in Ukraine escalated.
MORE: https://www.rt.com/business/555097-russia-sanctions-recession-economist/
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Media reveals Muskโs plans for Twitter
Billionaire Elon Musk wants to quintuple Twitterโs revenue by 2028 and hire 3,600 employees after firing hundreds of them, the New York Times reported on Friday, citing a presentation to investors.
According to the report, Musk expects the number of employees to rise from around 7,500 to 9,225 this year, drop to 8,332 in 2023, and rise again to 11,072 by 2025.
The Tesla and SpaceX CEO was said to believe that Twitterโs total number of users will grow from 217 million at the end of last year to nearly 600 million by 2025 and 931 million by 2028. He also reportedly projected that Twitterโs revenue would quintuple to $26.4 billion by 2028.
https://www.rt.com/news/555122-musk-twitter-plans-revealed/
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Media reveals Muskโs plans for Twitter
Billionaire Elon Musk wants to quintuple Twitterโs revenue by 2028 and hire 3,600 employees after firing hundreds of them, the New York Times reported on Friday, citing a presentation to investors.
According to the report, Musk expects the number of employees to rise from around 7,500 to 9,225 this year, drop to 8,332 in 2023, and rise again to 11,072 by 2025.
The Tesla and SpaceX CEO was said to believe that Twitterโs total number of users will grow from 217 million at the end of last year to nearly 600 million by 2025 and 931 million by 2028. He also reportedly projected that Twitterโs revenue would quintuple to $26.4 billion by 2028.
https://www.rt.com/news/555122-musk-twitter-plans-revealed/
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Aircraft take to Moscow sky in V-Day parade rehearsal - WATCH
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Aircraft take to Moscow sky in V-Day parade rehearsal - WATCH
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Baltic nation sees wild surge in consumer prices
The Estonian consumer price index saw a dramatic surge of 18.8% year-over-year in April, with prices advancing faster than they have been in decades, according to the latest data revealed by Statistics Estonia.
The agency reported that prices for goods and services were 14.4% and 27.8% more expensive respectively in April compared to the same period a year ago.
MORE: https://www.rt.com/business/555124-estonia-prices-inflation-surge/
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Baltic nation sees wild surge in consumer prices
The Estonian consumer price index saw a dramatic surge of 18.8% year-over-year in April, with prices advancing faster than they have been in decades, according to the latest data revealed by Statistics Estonia.
The agency reported that prices for goods and services were 14.4% and 27.8% more expensive respectively in April compared to the same period a year ago.
MORE: https://www.rt.com/business/555124-estonia-prices-inflation-surge/
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David Bennett of Maryland was given a heart transplant with the heart of a pig in a world first. By March, he was dead.
Now, the surgeon has announced that rather than rejecting the heart, Bennett died of a pig virus that was lying dormant in the organ โ porcine cytomegalovirus
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David Bennett of Maryland was given a heart transplant with the heart of a pig in a world first. By March, he was dead.
Now, the surgeon has announced that rather than rejecting the heart, Bennett died of a pig virus that was lying dormant in the organ โ porcine cytomegalovirus
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Firefighters extinguish flames after missile hits Odessa - Stateโs Emergency Service
Ukrainian firefighters managed to extinguish flames reportedly caused by missile attacks in Odessa on Saturday, Ukraineโs State Emergency Service reported.
According to the department, fire crews extinguished flames spread over an area of 900 square metres, and no one was injured as a result of the incident.
On Saturday, Ukrainian President Volodymyr Zelensky stated that the Russian side "launched a missile attack on Odessa".
Russian Defence Ministry, in turn, announced on Saturday, that Ukrainian aircraft equipment was destroyed at military airfields in Odessa, near Artsiz in Odessa Oblast, and Voznesensk in Mykolaiv Oblast.
Firefighters extinguish flames after missile hits Odessa - Stateโs Emergency Service
Ukrainian firefighters managed to extinguish flames reportedly caused by missile attacks in Odessa on Saturday, Ukraineโs State Emergency Service reported.
According to the department, fire crews extinguished flames spread over an area of 900 square metres, and no one was injured as a result of the incident.
On Saturday, Ukrainian President Volodymyr Zelensky stated that the Russian side "launched a missile attack on Odessa".
Russian Defence Ministry, in turn, announced on Saturday, that Ukrainian aircraft equipment was destroyed at military airfields in Odessa, near Artsiz in Odessa Oblast, and Voznesensk in Mykolaiv Oblast.
RT News (Telegram)
World risks โworst famine since WWIIโ โ German minister
The world is about to face an acute food crisis due to skyrocketing food prices, German Economic Cooperation and Development Minister Svenja Schulze told Bild newspaper on Saturday, warning about a looming famine not seen since World War II. The minister has named Covid-19 pandemic and Russiaโs ongoing military operation in Ukraine as its causes.
โThe situation is highly dramatic,โ the minister told the German tabloid in a late Saturday interview, adding that, according to the UN World Food Program, โmore than 300 million peopleโ are already suffering from acute hunger and the UN has to โconstantly reviseโ this data upwards.
https://www.rt.com/news/555162-german-minister-world-worst-famine/
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World risks โworst famine since WWIIโ โ German minister
The world is about to face an acute food crisis due to skyrocketing food prices, German Economic Cooperation and Development Minister Svenja Schulze told Bild newspaper on Saturday, warning about a looming famine not seen since World War II. The minister has named Covid-19 pandemic and Russiaโs ongoing military operation in Ukraine as its causes.
โThe situation is highly dramatic,โ the minister told the German tabloid in a late Saturday interview, adding that, according to the UN World Food Program, โmore than 300 million peopleโ are already suffering from acute hunger and the UN has to โconstantly reviseโ this data upwards.
https://www.rt.com/news/555162-german-minister-world-worst-famine/
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Brazilโs ex-president to challenge โcriminalโ Bolsonaro
Former Brazilian leader Luiz Inacio Lula da Silva โ known simply as Lula โ announced on Saturday that he will run in Octoberโs presidential election, facing off against the incumbent Jair Bolsonaro. While Lula leads Bolsonaro in opinion polls, he has recently earned notoriety in the West for his stance on the Ukraine conflict.
"We're ready to work not only to win the election on October 2, but to rebuild and transform Brazil, which will be even more difficult," the former union leader told a rally in Sao Paulo. โWe need to return to a place where no one ever dares to defy democracy again. We need to send fascism back to the sewer of history, where it should have been all along.โ
https://www.rt.com/news/555155-lula-brazil-president-campaign/
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Brazilโs ex-president to challenge โcriminalโ Bolsonaro
Former Brazilian leader Luiz Inacio Lula da Silva โ known simply as Lula โ announced on Saturday that he will run in Octoberโs presidential election, facing off against the incumbent Jair Bolsonaro. While Lula leads Bolsonaro in opinion polls, he has recently earned notoriety in the West for his stance on the Ukraine conflict.
"We're ready to work not only to win the election on October 2, but to rebuild and transform Brazil, which will be even more difficult," the former union leader told a rally in Sao Paulo. โWe need to return to a place where no one ever dares to defy democracy again. We need to send fascism back to the sewer of history, where it should have been all along.โ
https://www.rt.com/news/555155-lula-brazil-president-campaign/
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Northern Ireland will have nationalist leader for first time in history
Sinn Feinโs leader in Northern Ireland, Michelle OโNeill, has called for an โhonest debateโ on Irish reunification, after her party emerged from elections the largest party in Northern Ireland, a first in the history of the British-ruled territory. However, consensus is required, and may be difficult to obtain.
Sinn Fein secured the most seats in Northern Irelandโs assembly elections over the weekend, emerging with 27 compared to the Democratic Unionist Partyโs (DUP) 25. The non-sectarian Alliance Party won 17 seats, while the Ulster Unionist Party took nine, and the Social Democratic and Labour Party (SDLP), a smaller nationalist party, took eight.
https://www.rt.com/news/555156-sinn-fein-northern-ireland/
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Northern Ireland will have nationalist leader for first time in history
Sinn Feinโs leader in Northern Ireland, Michelle OโNeill, has called for an โhonest debateโ on Irish reunification, after her party emerged from elections the largest party in Northern Ireland, a first in the history of the British-ruled territory. However, consensus is required, and may be difficult to obtain.
Sinn Fein secured the most seats in Northern Irelandโs assembly elections over the weekend, emerging with 27 compared to the Democratic Unionist Partyโs (DUP) 25. The non-sectarian Alliance Party won 17 seats, while the Ulster Unionist Party took nine, and the Social Democratic and Labour Party (SDLP), a smaller nationalist party, took eight.
https://www.rt.com/news/555156-sinn-fein-northern-ireland/
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Americans change habits as fuel costs bite โ poll
About two-thirds of vehicle owners or households in the US are making significant changes to their driving patterns as the cost of gasoline keeps increasing, the latest survey carried out by Maru Public Opinion shows.
According to the poll, 66% of drivers have either changed or will change their daily driving habits, if the gasoline price remains between $4.12 and $4.35 per gallon.
The AAA average gasoline price is currently hovering around $4.3 per gallon. The figure is based on pump price data from 130,000 gas stations across the US.
https://www.rt.com/business/555148-us-driving-patterns-fuel-costs/
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Americans change habits as fuel costs bite โ poll
About two-thirds of vehicle owners or households in the US are making significant changes to their driving patterns as the cost of gasoline keeps increasing, the latest survey carried out by Maru Public Opinion shows.
According to the poll, 66% of drivers have either changed or will change their daily driving habits, if the gasoline price remains between $4.12 and $4.35 per gallon.
The AAA average gasoline price is currently hovering around $4.3 per gallon. The figure is based on pump price data from 130,000 gas stations across the US.
https://www.rt.com/business/555148-us-driving-patterns-fuel-costs/
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Palesยญtinยญian man shot dead for tryยญing to cross West Bank barยญriยญer
News | Today's latest from Al Jazeera (RSS)
Isยญraeli solยญdiers killed the Palesยญtinยญian man in ocยญcuยญpied West Bank for tryยญing to cross a โseยญcuยญriยญty fenceโ, army says.
Published On 8 May 2022
News | Today's latest from Al Jazeera (RSS)
Isยญraeli solยญdiers killed the Palesยญtinยญian man in ocยญcuยญpied West Bank for tryยญing to cross a โseยญcuยญriยญty fenceโ, army says.
Published On 8 May 2022
Afghan women deยญplore Talยญibanโs new orยญder to covยญer faces in pubยญlic
News | Today's latest from Al Jazeera (RSS)
In their latยญest deยญcree, the Talยญiban say it is โreยญquired for all reยญspectable Afghan women to wear a hiยญjabโ.
Published On 8 May 2022
News | Today's latest from Al Jazeera (RSS)
In their latยญest deยญcree, the Talยญiban say it is โreยญquired for all reยญspectable Afghan women to wear a hiยญjabโ.
Published On 8 May 2022