Other News

Hopes fade for swift NATO accession for Finland, Sweden

by Alma COHEN Finland and Sweden are to discuss their stalled NATO bids with Turkey in Brussels on Monday, but hopes are fading they will be able resolve their dispute before an alliance summit next week, experts say. NATO Secretary General Jens Stoltenberg was to meet with representatives from the three countries to try to make progress on the Nordic nations’ membership applications, which have been blocked by Ankara. “I think it is possible but […]

Russia to ‘intensify’ fighting, Zelensky warns as EU decision looms

  by Benoit Finck with Anna Malpas in the Donbas Ukrainian President Volodymyr Zelensky warned Russia was likely to intensify its “hostile activity” this week, as Kyiv awaits a historic decision from the European Union on its bid for candidate status. Nearly three months after Russia launched a bloody invasion of his country, Zelensky said there had been “few such fateful decisions for Ukraine” as the one it expects from the EU this week. “Only […]

‘Huge uncertainty’ for EU firms over China’s Covid curbs, chamber warns

by Beiyi SEOW Many European firms are rethinking their investments in China because of its strict Covid controls, a top business group said Monday, warning that disruptions had pummelled operations. While the rest of the world has steadily removed coronavirus curbs, China has remained committed to its zero-Covid strategy, using lockdowns and mass testing to stamp out all infections. But this strategy has hammered businesses and snarled supply chains — 60 percent of respondents in […]

Ukraine says lost control of Severodonetsk village

Ukraine said Monday it had lost control of a village adjacent to the eastern industrial city of Severodonetsk, the centre of weeks of fierce fighting with invading Russian troops. “Unfortunately, we do not control Metyolkine anymore. And the enemy continues to build up its reserves,” the Lugansk regional governor Sergiy Gaiday said in a statement on social media. Russia’s capture of the hamlet with a pre-war population of around 1,000 people, is the latest  around […]

Air industry recovery gathering pace despite uncertainty: IATA

by Tangi QUEMENER Air passengers are expected to hit 83 percent of pre-pandemic levels this year and the aviation industry’s return to profit is “within reach” in 2023 despite ongoing uncertainty, the International Air Transport Association said on Monday. Industry losses are expected to drop to $9.7 billion this year, a “huge improvement” from $137.7 billion in 2020 and $42.1 billion in 2021, IATA said in an upgraded industry outlook ahead of its annual general […]

Third straight week of oil price hike set on June 21 as global oil prices retreat

3rd oil price hike lower compared to the the price increase in the last two weeks Gas prices to increase by P0.80 per liter, diesel prices up by P3.10 per liter (Eagle News) – Effective Tuesday, June 21, oil companies will implement another round of oil price increase, although less than the hike implemented in the previous two weeks. Various oil companies have already issued advisories on the 80 centavo increase per liter of gasoline, […]

26 more dead in India monsoon fury, waters recede in Bangladesh

At least 26 more people have died in monsoon flooding and lightning strikes in India, as millions remained marooned in the country and neighbouring Bangladesh, authorities said Monday. Floods are a regular menace in India and Bangladesh, but experts say climate change is increasing their frequency, ferocity and unpredictability for the two countries’ 1.6 billion people. In India‘s northeastern state of Assam, three people were killed in landslides while six others died in flood waters, […]

China’s oil imports from Russia jump 55% on-year: customs

BEIJING, China (AFP) — China’s imports of oil from Russia rose 55 percent in May, customs data showed on Monday, with the West sanctioning fuel imports from Moscow over its invasion of Ukraine. The world’s second-biggest economy imported around 8.42 million tonnes of oil from Russia last month, surpassing its shipments from Saudi Arabia, as Beijing refuses to condemn Moscow’s war. Last week, President Xi Jinping assured Vladimir Putin of China’s support on Russian “sovereignty […]

Bankrupt Sri Lanka opens IMF talks, begins shutdown

Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund opened talks with Colombo on a possible bailout. The country of 22 million people is in the grip of its worst economic crisis after running out of dollars to finance even the most essential imports, including fuel. On Monday schools were shut and state offices worked with skeleton staff as […]

China’s mass testing mantra is building a waste mountain

by Matthew Walsh Agence France-Presse BEIJING, China (AFP) — Hazmat-suited workers poke plastic swabs down millions of throats in China each day, leaving bins bursting with medical waste that has become the environmental and economic levy of a zero-Covid strategy. China is the last major economy wedded to stamping out infections no matter the cost. Near-daily testing is the most commonly used weapon in an anti-virus arsenal that includes snap lockdowns and forced quarantines when […]

Future king William’s influence grows as he hits 40

  by Martine PAUWELS Agence France Presse LONDON, United Kingdom (AFP) — Prince William’s 40th birthday this week marks a significant milestone for the future king, who is rapidly stamping his authority on the British royal family by plotting a course between tradition and modernity. William’s wife Catherine celebrated her landmark birthday in January and only Queen Elizabeth II is held in higher regard by the public than the close-knit couple, who are often held […]

Ukraine mechanics turn rally cars into ‘combat buggies’

by Marina Moyseyenko Agence France-Presse ZAPORIZHZHIA, Ukraine (AFP) — At a workshop in Zaporizhzhia in southern Ukraine, mechanics are hard at work turning rally cars into vehicles that can be used to fight Russian troops on the frontline. They change mufflers, remove sports tuning and change the interiors to create pared-down vehicles — all under the supervision of businessman Volodymyr Tarkhov. Before the Russian invasion, the 32-year-old produced fiberglass catamarans and kayaks. Since the start […]