International

Tuesday, April 4th 2023 - 22:07 UTC
Dramatic report from the World Bank, on long term growth

The World Bank warned of a slow-growth crisis in the global economy that could persist over the coming decade unless governments worldwide adopt what it calls “sustainable, growth-oriented policies.” The dramatic document is titled “Failing Long-Term Growth Prospects.”
Tuesday, April 4th 2023 - 21:56 UTC
European and Brazilian police bust a cocaine ring in South America involving Bolivia, Paraguay and Brazilian ports

Law enforcement in Latin America and Europe have taken down one of Brazil’s most active drug trafficking organizations inundating Europe with multi-tons shipments of cocaine. On 30 March, simultaneous actions were carried out in Brazil with Europol’s support to dismantle the criminal group that reached from Paraguay to Europe.
Tuesday, April 4th 2023 - 21:38 UTC
As NATO celebrates 74th anniversary, Royal Navy a crucial ally of the organization

Relations between the Royal Navy and NATO have ‘never been closer’ as the alliance marks 74 years since its creation this month amid continued global instability. British warships spent nearly 10,000 hours – 60 weeks – on NATO operations in 2022 and that pace has continued unabated in the first four months of 2023.
Tuesday, April 4th 2023 - 09:55 UTC
Finland joining NATO reshapes geopolitical scenario

After Finland officially becomes the North Atlantic Treaty Organization (NATO)'s 31st member Tuesday, the alliance's border with Russia is to grow considerably, thus reshaping the region's geopolitical scenario.
Tuesday, April 4th 2023 - 09:41 UTC
Twitter stunt by Elon Musk results in cryptocurrency soaring

Twitter adopting Dogecoin's Japanese Shiba Inu dog symbol as the brand's logo resulted in an increase in value of over 26%, it was reported.
Monday, April 3rd 2023 - 11:01 UTC
President calls Argentines to hold war veterans where they belong

President Alberto Fernández called Argentines to “feel proud” and “put the ex-combatants in their rightful place” during the celebration of the 41st anniversary of the landing in Stanley (then renamed Puerto Argentino) by the South American country's troops which kicked off the 1982 Falkland/Malvinas war.
Monday, April 3rd 2023 - 09:50 UTC
UK economy just avoided recession in 2022, pushed by 0,1% growth in fourth quarter

The UK economy avoided recession in the second half of last year, posting 0.1% growth in the fourth quarter. The original estimate for GDP, between October and November, released by the Bank of England in mid-February had shown zero growth.
Monday, April 3rd 2023 - 09:42 UTC
OPEC+ countries announce cut in output to keep price stable

Oil-producing countries grouped under OPEC+ Sunday announced a voluntary cut in crude output of around 1.15 million barrels per day (bpd) in addition to a 2-million reduction agreed upon in October to boost prices, it was reported. The measure will come into effect in May and last until the end of this year.
Monday, April 3rd 2023 - 09:24 UTC
China and Brazil reach accord to trade with their own currencies, avoiding the US dollar

China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as a common currency, the Brazilian government said on Wednesday, March 29. China has become Brazil's main trading partner.
Monday, April 3rd 2023 - 09:06 UTC
EU should reconsider electric cars-only plans: not enough lithium

Europe's plans to ban all fossil fuel-powered vehicles by 2035 might be thwarted by the world's lithium supply not being large enough, according to a Financial Times report published Sunday. If the European Union is to switch to electric cars, demand for lithium will skyrocket and there would not be as much supply, the article noted.