London CNN Business — US oil prices have fallen to their lowest level since December 2021 on concerns that protests in China against Covid-19 lockdowns will dent demand. West Texas Intermediate crude oil futures, the US benchmark, slid 2.7% on Monday to trade close to $74 a barrel, a level last reached in December 2021. […]
London CNN Business — Allies of Ukraine want to put a price limit on Russian oil. But there’s a problem: They can’t agree on a number that would actually pile pressure on the Kremlin. The West’s biggest economies agreed earlier this year to cap the price of Russia’s most valuable export and vowed to hash […]
Hong Kong CNN — When world leaders at the Group of 20 summit in Bali, Indonesia, issued a joint statement condemning Russia’s war in Ukraine, a familiar sentence stood out from the 1,186-page document. “Today’s era must not be of war,” it said, echoing what Indian Prime Minister Narendra Modi told Russian leader Vladimir Putin […]
Washington CNN — The US Treasury Department on Tuesday unveiled additional sanctions on the entities involved in the production and transfer of Iranian drones to Russia. The sanctions target several aviation related companies and two individuals – Abbas Djuma and Tigran Khristoforovich Srabionov – who facilitated the Russian mercenary Wagner Group’s “acquisition of UAVs from […]
Washington CNN — The US and Russia have agreed to hold talks on the single existing nuclear treaty between the two countries in the near future, State Department spokesperson Ned Price said on Tuesday. The New START treaty limits all deployed intercontinental-range nuclear weapons by Russia and the US. The treaty – the only one […]
CNN — The World Anti-Doping Agency (WADA) has referred the case of Russian figure skater Kamila Valieva to the Court of Arbitration for Sport (CAS) after deeming the Russian Anti-Doping Agency (RUSADA) has made no progress on the skater’s Winter Olympics doping case. In a statement on Tuesday, WADA President Witold Bańka said: “Despite putting […]
Hong Kong/London CNN Business — German Chancellor Olaf Scholz will arrive in China on Friday with a team of top executives and a clear message: business with the world’s second largest economy must continue. In a whirlwind one-day visit, Scholz is expected to meet with Chinese leader Xi Jinping and Premier Li Keqiang in Beijing. […]
Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN — The International Space Station fired its thrusters to maneuver out of the way of a piece of oncoming Russian space junk, NASA said late Monday. The space agency said in a news release […]
London CNN — Wind and solar power have made up a record 24% of the European Union’s electricity mix since Russia launched its war on Ukraine, a new report says, a boost that has also helped the bloc battle soaring inflation. The growth in renewable power capacity has saved the 27-nation bloc €99 billion ($97 […]
CNN — Tesla CEO Elon Musk has denied a claim that he spoke directly to Russian President Vladimir Putin in recent weeks about the war in Ukraine and a proposed “peace plan” to end the conflict. Speaking to CNN on Tuesday, American political scientist Ian Bremmer, president of political consulting firm Eurasia Group, claimed Musk […]