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What is behind projections of falling oil prices?

Houston, U.S. | Xinhua | Oil prices are falling. Now many experts expect the trend to continue over the next two years, with significant uncertainties ahead. PROJECTED FALLING PRICES The U.S. Energy Information Agency (EIA) forecast earlier this month that the average Brent crude oil price would decrease from 100.94 U.S. …

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EU grants 500 mln euros more military aid to Ukraine

Brussels, Belgium | Xinhua | European Union (EU) military assistance to Ukraine will be topped up by a further 500 million euros (543 million U.S. dollars), foreign ministers agreed on Monday. Training for the country’s military worth 45 million euros has also been agreed, EU foreign chief Josep Borrell said. “This …

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Infantino highlights economic impact of football

Davos, Switzerland, | Xinhua | FIFA President Gianni Infantino has highlighted the importance of football to the world economy. In an interview with Xinhua at the World Economic Forum Annual Meeting 2023, Infantino said he believed that it was very important to exchange ideas with leaders and business representatives from various …

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Israel’s Attorney-General tells Netanyahu to fire convicted key ally

Jerusalem, Israel | Xinhua | Israel’s Attorney-General Gali Baharav-Miara has requested Prime Minister Benjamin Netanyahu to fire his key ally Aryeh Deri after the Supreme Court disqualified Deri from serving as a cabinet minister for his criminal conviction. The Israeli top court ruled on Wednesday that Aryeh Deri, the influential leader …

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