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List of All Articles with Tag 'world'

US Producer Prices Decline by Most Since April 2020 on Gasoline
US Producer Prices Decline by Most Since April 2020 on Gasoline
Prices paid to US producers unexpectedly declined in October by the most since April 2020, adding to evidence
2023-11-15 22:15
Russian convicted of Kremlin critic’s murder pardoned after fighting in Ukraine
Russian convicted of Kremlin critic’s murder pardoned after fighting in Ukraine
One of five men convicted of killing a Russian journalist critical of the Kremlin has been pardoned halfway through his 20-year sentence after a stint fighting in the “special military operation” in Ukraine. Sergei Khadzhikurbanov was sentenced in 2014 for his role as an accomplice in the killing of Anna Politkovskaya, 48, in 2006. The journalist worked for the independent newspaper Novaya Gazeta and wrote stories critical of Kremlin policies during the early years of president Vladimir Putin’s term, the war in Chechnya and human rights. She was shot and killed in the elevator of her Moscow apartment block, triggering outrage at home and in the West. Her death on 7 October, which is Putin’s birthday, led to suggestions the shooting was done to please the president. It emphasised the dangers faced by independent journalists in Russia, though the Kremlin has always denied any involvement in the killing. Khadzhikurbanov, a former police detective, was released last year to fight in Ukraine and then signed a contract with the Russian defence ministry to continue serving after his pardon, according to his lawyer Alexei Mikhalchik. It is the most high profile case of Russia’s defence ministry hiring prisoners to fight in Ukraine on the promise of a presidential pardon. The tactic was widely employed by Wagner Group financier Yevgeny Prigozhin last year. Footage from several prisons showed the warlord encouraging prisoners convicted of murder and sexual assault to join his mercenary group to atone for their crimes. They would be offered six-month contracts to fight in Ukraine, after which they would be pardoned. One of the first instances of pardoned mercenaries was published in January this year. Reports later emerged suggesting Russian civilians were anxious to be living among ex-convicts, many of whom were culpable of the most serious crimes and had also spent six months in frontline combat. Following the removal of Wagner from Ukraine and the subsequent death of Prigozhin on August 24, which was itself widely regarded as suspicious, the Russian defence ministry began more substantially recruiting from penal colonies. The prisoners are often said to be used as cannon fodder in what has become known as “human wave attacks” popularised by the Wagner Group; it involves using dozens of the convicts in a first line charge on Ukrainian positions ostensibly to soak up enemy fire, allowing soldiers behind to advance under less heavy resistance. But Khadzhikurbanov was offered a command position in the military, according to his lawyer Mikhalchik, because he was in the “special forces” in the late 1990s and was in “almost all the hot spots”, including in Chechnya. Following the pardon, Ms Politkovskaya children, Ilya and Vera Politkovsky, issued a joint statement with their mother’s former paper Novaya Gazeta in which they claimed they had “not been informed about the killer’s pardon”. Dmitry Muratov, editor-in-chief of Novaya Gazeta, said the pardon was “not evidence of atonement and repentance of the killer” but a “monstrous fact of injustice”. “It is an outrage to the memory of a person killed for her beliefs and professional duty,” he said. Russian human rights advocate Alena Popova, who has been critical of previous pardons, including that of a man who murdered his girlfriend before fighting in Ukraine, also issued a statement decrying Khadzhikurbanov’s release. “How many more murderers and rapists will the war free?” she asked. Bill Browder, formerly one of the largest foreign investors in Russia before being removed by Vladimir Putin, described the pardon as a “cynical slap in the face of justice”. He added that the presidential pardon was doubly sinister given it was Putin who “ordered her killing”. “The pardoning of Anna Politkovskaya’s killer is a cynical slap in the face of justice and her family,” he told The Independent. “But we should not forget that the person who ordered her killing has remained free since her murder and sits as the head of state in Russia ordering many more murders and misery inside of Russia, in Ukraine and all over the world.” Kremlin spokesman Dmitry Peskov said earlier this month that convicts recruited to fight in Ukraine are worthy of pardons. “Those sentenced, even on grave charges, shed their blood on the battlefield to atone for their crimes,” he said. “They redeem themselves by shedding blood in assault brigades, under bullet fire and shelling.” Read More European Commission lowers growth outlook and says economy has lost momentum during a difficult year UK inflation falls sharply to 4.6%, lowest level in 2 years China and the US pledge to step up climate efforts ahead of Biden-Xi summit and UN meeting Ukraine declares major breakthrough in southern counteroffensive ‘against all odds’ State-sponsored online spies likely to target Australian submarine program, spy agency says Biden aims for improved military relations with China when he meets with Xi
2023-11-15 21:52
Nvidia’s Record Winning Streak Is Showing Signs of Overheating
Nvidia’s Record Winning Streak Is Showing Signs of Overheating
Nvidia Corp. is on pace to rise for a record 11th consecutive session even as at least one
2023-11-15 20:51
UK Bond Demand Smashes Record as Investors Clamor for Yield
UK Bond Demand Smashes Record as Investors Clamor for Yield
The UK attracted its biggest-ever orderbook for a conventional bond sale on Wednesday as investors look to lock
2023-11-15 20:29
Scholz Pledges Swift Budget Overhaul After Top Court Slapdown
Scholz Pledges Swift Budget Overhaul After Top Court Slapdown
German Chancellor Olaf Scholz said his government will take Wednesday’s decision by the Constitutional Court fully into account
2023-11-15 20:28
Target Profit Blows Past Forecasts Amid Leaner Inventories
Target Profit Blows Past Forecasts Amid Leaner Inventories
Target Corp. shares soared after it reported third-quarter earnings that outpaced forecasts, reflecting fewer markdowns and better inventory
2023-11-15 20:22
Nigeria Long-Bond Demand Jumps as Investors Grab Juicy Yield
Nigeria Long-Bond Demand Jumps as Investors Grab Juicy Yield
A reopening of Nigeria’s longest-dated bond was oversubscribed by more than three times at an auction on Monday
2023-11-15 19:52
JPMorgan Has a New Way to Gauge Its Green Progress
JPMorgan Has a New Way to Gauge Its Green Progress
The world’s leading fossil fuel financier has come up with a new way to assess how well it’s
2023-11-15 19:51
Sunak’s Rwanda Asylum Plan Left in Tatters by UK Top Court
Sunak’s Rwanda Asylum Plan Left in Tatters by UK Top Court
The UK’s controversial policy to deport asylum seekers to Rwanda is unlawful, the nation’s highest court ruled, dashing
2023-11-15 19:00
Cybersecurity Warning Puts Palo Alto’s 87% Rally in Spotlight
Cybersecurity Warning Puts Palo Alto’s 87% Rally in Spotlight
Signs of trouble in the cybersecurity sector are making some investors nervous ahead of Palo Alto Networks Inc.’s
2023-11-15 18:58
Germany Mulls Obesity Drug Export Ban as EU Confronts Shortage
Germany Mulls Obesity Drug Export Ban as EU Confronts Shortage
Germany is considering an export ban on Novo Nordisk A/S’s blockbuster weight-loss drugs as European countries try to
2023-11-15 18:55
UK’s Tullow Oil Taps $400 Million Glencore Funding for Buyback
UK’s Tullow Oil Taps $400 Million Glencore Funding for Buyback
Tullow Oil Plc announced a bond buyback that will see the oil and gas company tap a new
2023-11-15 17:57
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