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Bitcoin Brings $40,000 Into View After More Than Doubling in a Chaotic Year
Bitcoin Brings $40,000 Into View After More Than Doubling in a Chaotic Year
Bitcoin’s chances of hitting $40,000 are top of mind for crypto speculators as they head into the final
2023-12-01 14:58
Short Alibaba, Long PDD Stock Pair Trade Points to 95% Gain
Short Alibaba, Long PDD Stock Pair Trade Points to 95% Gain
Traders betting on diverging stock performances by Chinese e-commerce giants Alibaba Group Holding Ltd. and PDD Holdings Inc.
2023-12-01 14:54
Official walk out as Russia’s Sergei Lavrov speaks at European security meeting
Official walk out as Russia’s Sergei Lavrov speaks at European security meeting
Russian foreign minister Sergei Lavrov came face-to-face with Western critics while attending international security talks on Thursday, amid European protests that Vladimir Putin’s top diplomat was invited to the summit while he wages war against Ukraine. Some European officials present in North Macedonia walked out as the Russian minister addressed a session for foreign ministers of the Organisation for Security and Cooperation of Europe (OSCE), videos of the event showed. A number of foreign ministers refused to attend the event over Russia’s involvement, including those of Ukraine, Estonia, Latvia and Lithuania. Some states, Ukraine among them, sent no representatives whatsoever. US secretary of state Antony Blinken made only a brief stop in North Macedonia’s capital, Skopje, late on Wednesday, and did not attend Thursday’s talks. Mr Lavrov spoke for15 minutes, during which the walkout occurred. It was not immediately clear from videos which countries’ officials were involved. The Russian foreign minister’s comments followed the now-familiar narrative from the Kremlin that “Nato’s reckless expansion to the East” was to blame for war returning to Europe, rather than his own president’s decision to order the invasion of Ukraine. “Unfortunately, the Western political elites, which have arrogated to themselves the right to decide the fate of humanity, have made a short-sighted choice not in favour of the OSCE, but in favour of Nato. In favour of the philosophy of containment, zero-sum geopolitical games and the ‘master-slave’ logic,” Mr Lavrov told the session. He also attacked the platform of the summit itself, saying that “the OSCE and its relevant institutions are silent” over what he described as the denial of “the very existence of Russians and their decisive contribution to the histroy of Ukraine”. And he blamed the start of the Ukraine war on Western tolerance for the “ruling neo-Nazi regime in Kyiv”. Russian president Vladimir Putin has repeatedly alleged that Ukraine’s government is made up of “neo-Nazis,” even though the country has a democratically elected Jewish president who lost relatives in the Holocaust. Western ministers attending the OSCE meeting were sharply critical of Mr Lavrov after he spoke. “Russia’s attempts to blame others for its own choices are transparent,” said Danish foreign minister Lars Lokke Rasmussen, who was speaking when Mr Lavrov himself walked out of the summit. “We will not compromise on the core principles of the European security order or allow Russia to deny Ukraine the right to make its own independent foreign and security policy choices – principles that Russia itself has agreed to,” he continued. Based in Vienna, Austria, the OSCE is an intergovernmental organisation focused on promoting security, stability, and cooperation among its participating states. Nato member North Macedonia lifted a ban on Russian flights to enable Lavrov to attend the meeting. Russian state news agency Tass reported that the minister flew a longer route over Turkey and Greece to reach the summit after Bulgaria blocked his plane from using its airspace. Greek officials did not immediately return a request for comment. Additional reporting by agencies Read More Takeaways from AP's Interview with Ukrainian President Volodymyr Zelenskyy The AP Interview: Ukraine's Zelenskyy says the war with Russia is in a new phase as winter looms Ukraine war live: Russia sees record losses as baby amongst injured in missile strike Russia’s Supreme Court effectively outlaws LGBTQ+ activism in a landmark ruling UN atomic chief backs nuclear power at COP28 as world reckons with proliferation Russia’s top court bans LGBT+ activism as ‘extremist’ in new crackdown
2023-12-01 14:51
South Africa Will Provide $2.5 Billion Guarantee to Transnet
South Africa Will Provide $2.5 Billion Guarantee to Transnet
South Africa’s National Treasury agreed to provide a 47 billion-rand ($2.5 billion) guarantee facility to Transnet SOC Ltd.,
2023-12-01 14:49
Barclays, Citi Raise India Growth Closer to 7% After GDP Beat
Barclays, Citi Raise India Growth Closer to 7% After GDP Beat
Economists raised their full-year projections for India’s economy sharply after data on Thursday showed growth outperformed last quarter,
2023-12-01 14:28
Dollar soft as traders weigh Fed rate cut prospects
Dollar soft as traders weigh Fed rate cut prospects
By Ankur Banerjee SINGAPORE (Reuters) -The dollar dipped on Friday, while the euro edged higher after steep overnight losses as
2023-12-01 14:27
Europe’s Winter Freeze Set to Give Way to Milder December
Europe’s Winter Freeze Set to Give Way to Milder December
Europe’s icy start to December is forecast to give way to milder conditions as the month progresses, providing
2023-12-01 14:24
Analysis-Why a murder plot will not turn the US away from India
Analysis-Why a murder plot will not turn the US away from India
By Simon Lewis, David Brunnstrom and Trevor Hunnicutt WASHINGTON A brazen murder-for-hire plot against a U.S. citizen, which
2023-12-01 14:24
Japan Insurers Cut Hedging by Most in Decade Amid Weak Yen
Japan Insurers Cut Hedging by Most in Decade Amid Weak Yen
Japanese life insurers have cut currency hedging by the most in more than a decade, signaling receding concern
2023-12-01 14:22
Sunak Spends £1.6 Billion to Try to Show COP He’s On Message
Sunak Spends £1.6 Billion to Try to Show COP He’s On Message
Rishi Sunak pledged to spend £1.6 billion ($2 billion) on climate projects, as the British premier arrives at
2023-12-01 14:19
Markets pin hopes on soft landing, with one eye on recession risk
Markets pin hopes on soft landing, with one eye on recession risk
By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick A stellar rally in equities and bonds suggests market confidence
2023-12-01 14:16
Wealth and Pension Funds Prefer India Over China, Study Shows
Wealth and Pension Funds Prefer India Over China, Study Shows
Global pension and sovereign wealth managers are flocking to India while growing hesitant on China, according to a
2023-12-01 13:53
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