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Over $2.3 Billion US, EU Banknote Flowed to Russia Despite Sanctions

Around $2.3 billion in dollar and euro banknotes have entered Russia since March 2022, with the country circumventing US sanctions through intermediary countries.


South Korea Holds Emergency Meeting Following Massive EV Fire That Forces Residents to Shelters

South Korea held an emergency meeting to address safety concerns over electric vehicles following a major fire that damaged 140 cars in an Incheon parking garage.

Serbia's Lithium-Rich Region Protests Government-Backed and EU-Supported Mining Plans

Serbian residents fiercely oppose a lithium mining project backed by the Serbian government and the European Union, fearing environmental damage despite government assurances.

South Africa’s New Energy Plan Proved Effective as Electricity Remains Stable Since March

South African government and Eskom’s energy plan proved successful as the country has not experienced any power outages for the past four months, the longest period of stable electricity in over four years.


Latest News

Thailand Plans to Legalize Casino to Boost Tourism and Foreign Investment
Despite its conservative stance, Thailand is pushing to legalize casinos to boost tourism and attract foreign investment, with major global casino operators like MGM showing interest.
Uniqlo and Nike Struggle in China as Shoppers Choose Cheaper Options
Due to economic challenges, Uniqlo, Nike, and other global apparel brands are struggling in China as consumers increasingly choose affordable, unbranded alternatives.
Malaysia Launches First Locally-Made Electric Car, the Proton e.MAS7
Malaysia has launched its first home-grown electric vehicle, the Proton e.MAS7, to strengthen its position in the growing Southeast Asian EV market.
Turkey Bans Instagram After Removing Posts About Hamas Leader
Turkey blocked 50 million Turkish users' access to Instagram, reportedly in response to the platform removing posts about the death of Hamas leader Ismail Haniyeh.
Here’s Why the Paris Olympics May Be Recalled as a Historical Flop
Compared to previous versions of the games, there seemed to be a crisis the Paris Olympics is facing on promoting the competitions, the general preparations and contingencies the French government is facing, and the moral integrity of the global athletic system.
Dubai's Tax-Free Lifestyle and Golden Visas Lure Wealthy Expats from UK
The UAE attracts millionaires due to its favorable tax environment and luxurious lifestyle. At the same time, the UK is expected to see a decline in its wealthy population due to rising taxes and costs.
US to Announce Additional $500 Million Defense Boost to Philippines
US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin are in Manila this week to announce a $500 million defense funding to help the Philippines in its deterrence against China.
ASX Starts Strong This Week Due to Inflation
The Australian Stock Exchange (ASX) began its trading week strong after stocks based in the United States finished last week on the red, with investors continuing to bet that the Reserve Bank of Australia (RBA) would start cutting interest rates by September.
Bank of Japan Expected to Present 'Paradigm Shift' on Inflation, Rate-Hike Cycle
The Bank of Japan (BOJ) said that it was preparing for an era of steady interest rate hikes by claiming victory over deflation, according to a major review of past policy that recognized a paradigm shift over consumer behavior.
Venezuela's Economic Reliance Expands From Oil to Music
Venezuela's economy, traditionally dependent on oil, is also significantly influenced by the music industry, highlighted by high-profile concerts such as those of Colombian reggaeton star Karol G.
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