New York, U.S. | Xinhua | Oil prices dropped on Thursday as the United States announced a record release from the nation’s crude reserves. The West Texas Intermediate for May delivery lost 7.54 U.S. dollars, or 7 percent, to settle at 100.28 dollars a barrel on the New York Mercantile Exchange. …
Read More »Russia creates working groups to probe U.S.-controlled biolabs in Ukraine
Moscow, Russia | Xinhua | A Russian parliamentary commission held its first meeting on Thursday, announcing the establishment of four working groups to investigate U.S.-controlled biological laboratories in Ukraine. The commission heard information from the Russian Defense Ministry on the investigation into biological research by American specialists in Ukraine, the Russian …
Read More »COVID-19 virus likely continues to evolve but severity reduces over time: WHO
Geneva, Switzerland | Xinhua | SARS-CoV-2, the virus causing the ongoing COVID-19 pandemic, is likely to keep evolving as transmission continues globally, but its severity will reduce due to immunity acquired by vaccination and infection, the World Health Organization (WHO) said on Wednesday. Speaking at an online briefing, WHO Director-General Tedros …
Read More »U.S. sanctions key actors in Iran ballistic missile program
OFAC sanctioned an Iran-based agent & his network of companies that procured ballistic missile materials for the IRGC Washington, U.S. | Xinhua | The United States on Wednesday imposed sanctions on an Iran-based person and his network of companies that Washington accused of facilitating Iran in its effort to get materials …
Read More »OPEC chief urges global leaders to ensure unhindered energy flow
Vienna, Austria | Xinhua | The head of the Organization of Petroleum Exporting Countries (OPEC) on Wednesday called on global leaders to uphold multilateralism to ensure “unhindered, stable and secure” energy flow to the global market. OPEC Secretary-General Mohammad Sanusi Barkindo made the remarks at a virtual meeting of the joint …
Read More »Absa Group appoints Arrie Rautenbach as CEO
Johannesburg, South Africa | THE INDEPENDENT | Absa Group has announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately. The appointment Tuesday of the 56-year-old South African, follows a thorough recruitment and selection process completed by the Board. “On behalf of the Board, I am …
Read More »China approves IPO application of CNOOC Limited
CNOOC Limited can issue no more than 2.99 billion shares in its IPO Beijing, China | Xinhua | China’s securities regulator has approved the initial public offering (IPO) application of CNOOC Limited. CNOOC Limited will be listed on the A-share market, the China Securities Regulatory Commission said in a statement on Wednesday. …
Read More »What has Europe lost from the Ukraine crisis?
Beijing, China | Xinhua | The Ukraine crisis has entered its second month. In terms of security, economy, refugees, etc., Europe will pay a heavy price in the crisis. Since the end of the Cold War, the North Atlantic Treaty Organization (NATO) has pushed for five rounds of eastward expansion up …
Read More »Turkey’s aging population dragging economy down
President Recep Tayyip Erdogan is an ardent advocate of population increase and has called for families to have more children Ankara, Turkey | Xinhua | As a country that once boasted one of the youngest populations in Europe, Turkey has been aging fast in recent years, which is slowly dragging its …
Read More »UN chief calls for end to slavery’s legacy of racism
United Nations | Xinhua | UN Secretary-General Antonio Guterres on Tuesday called for an end to the legacy of the transatlantic slave trade: racism. The transatlantic trade in enslaved Africans was instrumental in shaping modern conceptions of race. To rationalize the inhumanity of the slave trade, Africans were portrayed as less …
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