Russian fuel company GAZPROM to shut supplies for three days

Russian fuel company GAZPROM to shut supplies for three days

Moscow/Kyiv: GAZPROM, the Russian company that supplies fuel to European countries, has announced to stop fuel supply for three days in the next week. ‘GAZPROM’ clarified that the fuel pipeline ‘Nord Stream 1’ supply will shut down from August 31st to September 2nd for routine maintenance. Earlier, GAZPROM had twice stopped fuel supply to European […]

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Energy crisis and inflation in Germany could be used for subversive activities, warns Internal Security Minister

Energy crisis and inflation in Germany could be used for subversive activities, warns Internal Security Minister

Berlin: Germany’s internal state security minister Herbert Reul made a statement to warn that the current energy crisis and soaring inflation could be used to propagate conspiracy theories and carry out subversive activities. He is the internal security minister of North Rhine-Westphalia state, Germany’s largest economy and most populous state. A few days back, the […]

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Japan resumes fuel imports from Russia

Japan resumes fuel imports from Russia

Moscow/Tokyo: While countries from the European continent are indicating to stop import of fuels from Russia, Japan has indicated to open fuel imports from Russia once again. Japan imports nearly 10% of its fuel requirements from Russia. Japanese companies even have stakes in the Russian oil companies in far eastern Russia. Despite this, Japan had […]

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US and Europe allow dealings in Russian bonds

US and Europe allow dealings in Russian bonds

Washington/Moscow: Western countries imposed heavy sanctions on the Russian economy after the start of the Russia-Ukraine conflict. The objective was to stop the conflict by rocking the Russian economy via economic and other sanctions. But instead of Russia, the West started feeling the jolts of these sanctions. Therefore, Western countries have started withdrawing or easing […]

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Russia-Ukraine conflict and fuel price rises will hit the German economy by nearly $265 billion – thinktank concludes

Russia-Ukraine conflict and fuel price rises will hit the German economy by nearly $265 billion – thinktank concludes

Berlin: – German thinktank ‘Institute of Employment Research’ (IAB) claimed that the German economy would take a hit worth $265 billion over the next few years given the Russia-Ukraine conflict and the fuel price rise. The IAB reports also predict that there will be a decline of nearly 1.7% in the German GDP in the […]

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North Korea preparing for nuclear test – UN expresses serious concern

North Korea preparing for nuclear test – UN expresses serious concern

United Nations: UN analysts have warned in their report that North Korea is testing nuclear-triggering devices. This preparation is necessary before any nuclear test. Therefore, North Korea may conduct a nuclear test soon, even though the location and time of North Korea’s nuclear test are difficult to predict as of now. Besides, the report mentions […]

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OPEC agrees to increase production marginally despite heavy pressure from US and western countries

OPEC agrees to increase production marginally despite heavy pressure from US and western countries

Vienna: OPEC+, an organisation of petroleum export countries, has a meeting to agree on increasing oil production from September by 100000 barrels per day. In the last session, for July and August, OPEC + decided to increase oil production by 600000 barrels per day. Hence the latest increase planned for September is relatively minimal compared […]

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Iran installs new centrifuges in Natanz Nuclear Project while US and Europe make efforts for the nuclear deal

Iran installs new centrifuges in Natanz Nuclear Project while US and Europe make efforts for the nuclear deal

Tehran: Negotiations in Vienna to revive the nuclear deal with Iran were unsuccessful. But now, the United States and European Union have started efforts to start fresh negotiations in Vienna. The United States and the European Union representatives will arrive in Vienna soon. While this news has surfaced, Iran has stepped up efforts to install […]

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