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KYIV, Ukraine (AFP) — Here are the latest developments in Russia’s war in Ukraine: Russian evacuation offer rejected Ukraine rejects a Kremlin offer to open escape routes for civilians trapped by the fighting in the cities of Kharkiv, Kyiv, Mariupol and Sumy because several of the routes lead to Russia or its ally Belarus. Moscow says the proposal was based on a request from French President Emmanuel Macron, denied by Macron, and accuses Ukraine of […]
LONDON, United Kingdom (AFP) — More than 125 firefighters Monday battled a blaze at a tower block housing apartments and offices near the City of London, as burning debris fell to the ground. Police evacuated the high-rise building, after the fire erupted on its 17th floor and sent thick smoke into the sky. London mayor Sadiq Khan said 20 fire trucks and more than 125 firefighters were trying to douse the flames in the Aldgate […]
LONDON, United Kingdom (AFP) — Stock markets lost ground while metals prices hit record highs and oil surged on Monday after the United States raised the prospect of an embargo on Russian crude — a move on which Europe urged severe caution. European markets seesawed after a four-percent fall in Hong Kong with Frankfurt losing two percent over the session as London and Paris kept losses in a narrower band. Wall Street was off just […]
But Biden says US troops won’t engage in conflict with Russian forces in Ukraine WASHINGTON, United States (AFP) — The United States is sending 500 more troops to Europe to boost NATO security, an official said Monday as the Pentagon determined Russia has committed nearly all its combat power stationed along the border into Ukraine. With President Vladimir Putin intensifying operations, a senior US defense official also warned that Russian strikes on civilians were […]
TEHRAN, Iran (AFP) — A revived Iranian nuclear deal must secure “equal rights” for all world powers involved, Russia said Monday, after Iran asked for details of Moscow’s demands for US guarantees on restoring the accord. Russian Foreign Minister Sergei Lavrov said Saturday that, before backing the Iran nuclear deal, Moscow wants written assurances from Washington that Western sanctions imposed on it over the Ukraine war will not affect its economic and military cooperation with […]
MOSCOW< Russia (AFP) — Russian Deputy Prime Minister Alexander Novak warned Monday that a ban on Russian oil imports would have “catastrophic” consequences, as Western allies consider further sanctions on Moscow over Ukraine. “A ban on Russian oil will lead to catastrophic consequences for the global market. The surge in prices will be unpredictable — more than $300 per barrel, if not more,” Novak said in remarks carried by Russian news agencies. Novak added […]
GENEVA, Switzerland (AFP) — More than 1.7 million people have fled Ukraine since Russia launched its full-scale invasion on February 24, according to the latest data from the United Nations on Monday. – 1,735,068 refugees – UNHCR, the UN Refugee Agency, recorded 1,735,068 refugees on its dedicated website, just over 200,000 more than the previous count on Sunday. UNICEF, the UN children’s agency, believes around half of them are youngsters. Authorities and the UN […]
(Eagle News) – Another oil price hike will take effect on Tuesday, March 8, the biggest hike in oil prices this year Diesel prices will rise by 5.85 per liter, while gasoline prices will increase by P3.60 per liter. Prices of kerosene will also be increased by 4.10 per liter. This is the 10th straight week that oil prices have risen this year due to rising tensions between Russia and Ukraine. Various oil companies […]
HONG KONG, China (AFP) — Equity markets plunged Monday, while oil prices soared to a near 14-year high and safe-haven gold broke $2,000 as investors grew increasingly fearful about the impact of the Ukraine war on the global economy. Trading floors were a sea of red, while experts warned of a period of stagflation with the spike in crude likely to light a fire under already high inflation. The commodity at one point rocketed […]
(Eagle News) — The Philippines has logged 6,297 new COVID-19 cases in the recent seven days, the Department of Health said on Monday, March 7. According to the DOH, which has started a different kind of reporting that focuses on critical and severe cases, the 6,247 new cases recorded since March 1 translates to an average of 899 new COVID-19 cases per day this week. The department said, meanwhile, 1,055 severe and critical cases have […]
Brent North Sea crude oil surges close to $140 per barrel, a near 14-year high LONDON, United Kingdom (AFP) — Europe and UK natural gas prices soared to record highs Monday on fresh supply fears after the United States proposed an embargo on Russian crude oil. Europe gas reference Dutch TTF rocketed more than 60 percent to reach an all-time peak of 345 euros per megawatt hour and UK gas hit an all-time pinnacle […]
BEIJING, China (AFP) — China on Monday reported its highest number of coronavirus cases in two years as clusters emerged in more than a dozen cities, posing a fresh challenge to Beijing’s zero-Covid policy. The country’s borders remain mostly closed as policymakers continue to pursue the zero-tolerance approach even as many parts of the world turn to living with the virus. More than 500 infections were reported across mainland China on Monday, the most […]
