Stockholm, Sweden | Xinhua | Cryptocurrencies have no value whatsoever and thus cannot shake the financial system, Ben Bernanke, winner of this year’s Nobel Prize in economics, was quoted by the Swedish Daily Dagens Nyheter (DN) as saying on Wednesday. Dismissing the crash for cryptocurrencies, Bernanke said that “I believe that …
Read More »EU new sanctions target Russia’s armed forces, drone supply
Brussels, Belgium | Xinhua | The European Commission on Wednesday proposed the ninth package of sanctions against Russia that will include almost 200 individuals and entities and cut Russia’s access to drones. European Commission President Ursula von der Leyen said in a statement that the eight packages of sanctions introduced so …
Read More »West’s cap on Russian oil risks exacerbating Europe’s energy woes
Russia has made it clear that it will not export oil to countries that enforce price caps Rome, Italy | Xinhua | A price cap on Russian seaborne crude recently agreed by the European Union (EU), the Group of Seven (G7) nations and Australia came into effect on Monday. Whether the …
Read More »Relatives of Ugandan woman killed in U.S. national park seek 140 mln USD in damages
Los Angeles, U.S. | Xinhua | A civil trial began Monday in downtown Salt Lake City after a 25-year-old Ugandan woman was killed in the Arches National Park in the U.S. state of Utah, and her relatives are seeking 140 million U.S. dollars in damages from the U.S. government. According to …
Read More »Ukraine warns Iran of “consequences” of arms supplies to Russia
Kiev, Ukraine | Xinhua | Ukrainian Foreign Minister Dmytro Kuleba on Tuesday warned Iran of the “consequences” of the arms supplies to Russia, the Ukrainian government-run Ukrinform news agency reported. “Our signal to them (the Iranian side) was very clear: first, either you stop or you will face a set of …
Read More »Trump Organization found guilty in tax fraud case
Washington, U.S. | Xinhua | A jury in New York City found on Tuesday former President Donald Trump’s namesake real estate company guilty of criminal tax fraud. The jury found the two entities of the Trump Organization guilty as charged on all counts, including scheme to defraud, conspiracy, criminal tax fraud, …
Read More »Argentine VP sentenced to 6 years in jail for corruption
Buenos Aires, Argentina | Xinhua | Argentine Vice President Cristina Fernandez de Kirchner has been sentenced to six years in jail for corruption and a lifetime ban from holding public office. An Argentine court on Tuesday convicted her of “fraudulent administration” over irregular public works contracts awarded during her two-term presidency …
Read More »Violence, harassment at work affect over 20 pct of people globally: ILO survey
Geneva, Switzerland | Xinhua | Almost 23 percent of people in employment worldwide have experienced violence and harassment at work, whether physical, psychological or sexual, according to a recent survey conducted by the International Labour Organization (ILO) and its partners. The survey, first of its kind and published on Monday, found …
Read More »ITA concludes sample re-analysis for London 2012 Olympics
Lausanne, Switzerland | Xinhua | The International Testing Agency (ITA) announced Monday the finalization of the re-analysis of samples from the Olympic Games London 2012, which resulted in 73 anti-doping rule violations. As a result of the program, 31 medals of the London 2012 were withdrawn and 46 medals in …
Read More »ANALYSIS: Why we see shock in group stage, but not in last 16 of World Cup
🌟 #FIFAWorldCup 2022 ✳ TODAY ⚽ Morocco vs Spain 6pm ⚽ Portugal vs Switzerland 10pm Doha, Qatar | Xinhua | As the World Cup moves towards the quarterfinals, one thing is clear. Although there were shocks in the group stage, there were no surprises in the last 16 of the tournament, with the favorites coming …
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