Bloomberg L.P.
Poland has ordered a record reduction in renewable energy production from wind and solar power plants due to excess electricity caused by sunny and windy weather amid low demand on weekends.
This week, the US House of Representatives will vote on an aid package for Israel after the Iranian attack, and money for Ukraine may be included in the package, according to Congressional spokesman Mike Johnson.
China is providing significant military assistance to russia in its war against Ukraine, including drone and missile technology, satellite imagery, machine tools and other critical materials for defense production, according to senior U. S. officials.
The administration of US President Joe Biden is growing increasingly frustrated with delays in funding aid to Ukraine, Bloomberg reports.
China strongly condemned Israel's military attack on the Iranian embassy in Syria, and the United States called for deterrent actions against possible retaliation by Iran.
Major U. S. airlines and aviation unions have called on the Biden administration to suspend approval of additional flights between the U.S. and China due to China's "anti-competitive policies.
Russia's missile strikes on Ukraine's energy system, bombing of Kharkiv, and advances along the front line have raised concerns that Kyiv's military efforts are approaching a critical point due to a severe shortage of ammunition and manpower.
Iran may retaliate against Israel with missile strikes or attack Israeli embassies and military bases after a deadly attack on its diplomatic complex in Syria.
China refuses to accept previously ordered deliveries of 4-5 batches of Ukrainian corn from April to June to reduce supply on the domestic market and support prices for its farmers before the sowing season.
Switzerland plans to hold a high-level peace conference on Ukraine in mid-June 2024, which is expected to be attended by US President Joe Biden, as well as representatives of 80-100 countries, mostly from the Global South.
The Pentagon has paid SpaceX $23 million to deploy Starlink terminals in Ukraine as part of U. S. security assistance.
Lithuania calls on NATO allies to urgently shift to a war economy, increasing defense spending to at least 2% of GDP and expanding military production to deter Russia.
Lloyd Austin, the head of the Pentagon, opposed Ukraine's attacks on Russian oil refineries, advising Ukraine to focus on strikes that have a direct impact on the war.
The foreign ministers of russia and China met in Beijing to discuss further deepening of cooperation between the two countries and the development of Sino-russian relations.
In March 2023, RMB trading on the Russian foreign exchange market reached a record high of 53%, illustrating the growing importance of the Chinese currency in the Russian economy as it is disconnected from Western financial systems due to sanctions imposed over the war in Ukraine.
More than 3,750 patients have died in South Korea since 2017 due to hospitals' refusal to provide medical care, highlighting the major problems of the healthcare system ahead of the country's parliamentary elections.
China denies trying to benefit from Russia's war against Ukraine and regulates the export of dual-use goods in accordance with laws and regulations.
U. S. Treasury Secretary Janet Yellen warned Chinese banks and exporters of "significant consequences" if they help strengthen Russia's military capabilities or help Moscow evade sanctions imposed over its invasion of Ukraine.
Thailand is proposing to introduce a single tourist visa valid in six Southeast Asian countries - Thailand, Malaysia, Cambodia, Vietnam, Laos, and Myanmar - to increase tourism revenues.
Russia's use of North Korean missiles in Ukraine gives North Korea a rare chance to test its weapons in combat and learn lessons to improve their effectiveness.
China has significantly increased its military support for russia in the war with Ukraine, providing geospatial intelligence data, microelectronics, optics and missile fuel.
Russia is deliberately attacking Ukraine's thermal and hydroelectric power plants to damage its economy, causing significant damage to electricity generation and transmission facilities, with losses already measured in billions of hryvnias.
Ukraine's Energy Minister does not rule out an increase in electricity tariffs. In July and August, Ukrainians will be asked to save electricity as much as possible.
Trade between Turkey and Russia has been shrinking due to Western sanctions, and Turkish exporters of engineering products are facing a potential $1 billion drop in sales to Russia this year as sanctions lists are rapidly expanding to target goods that could be used for military purposes.
Norway plans to nearly double its defense spending to $56 billion by 2036, focusing on strengthening its navy and air defense due to threats from russia.
The White House calls on Russia to support a UN resolution banning the deployment of nuclear weapons in space, hoping that Russia will vote in favor.
Futures prices for cocoa fell 8% in three days after hitting a record $10,000 per tonne due to profit-taking and liquidation of companies despite supply problems.
The U. S. House of Representatives is unlikely to vote on aid to Ukraine until at least mid-April, and possibly later, as Speaker Mike Johnson tries to overcome Republican opposition by considering conditions such as turning aid into a loan, confiscating Russian assets, and lifting the moratorium on new liquefied natural gas export licenses.
Putin is planning a war of attrition in Ukraine, determined to conquer it through a sustained offensive and outlast Kyiv on the battlefield.
China's manufacturing activity grew at the fastest pace in 13 months, driven by an increase in new orders from domestic and foreign customers, which helped boost business confidence to an 11-month high.