Boris Johnson is handing his successor an economic ‘catastrophe’ | CNN Business

Boris Johnson is handing his successor an economic ‘catastrophe’ | CNN Business

London CNN Business  —  Across the United Kingdom, businesses and households are warning that they won’t make it through the winter without help from the government. That sets up enormous challenges for the incoming prime minister, who will be announced this week. For months, the United Kingdom has endured a leadership vacuum while the country … Read more

Pegasus Spyware Creator Has Large EU Presence With 22 Contracts: Report

Pegasus Spyware Creator Has Large EU Presence With 22 Contracts: Report

Israeli technology firm NSO Group, which grabbed global attention, including in India, amid allegations of misuse of its controversial spyware Pegasus, apparently has a large presence in the Europe Union with at least 22 contracts covering 12 of the 27 member states, a media report said on Wednesday. Pegasus spyware and competing products make it … Read more

Russia to introduce new budget rule of $60 per barrel of oil -Vedomosti

Russia to introduce new budget rule of $60 per barrel of oil -Vedomosti

Russia’s finance ministry is proposing to raise the cut-off oil price for its fiscal rule – the level at which Moscow starts buying foreign currency with profits on energy sales – to $60 a barrel, the Vedomosti daily reported on Tuesday. Under the mechanism, Russia buys foreign currency with its booming energy profits – a … Read more

AI-Driven Care Not Free of Biases Against Women, Rural Patients: UNDP Research – ET HealthWorld

AI-Driven Care Not Free of Biases Against Women, Rural Patients: UNDP Research – ET HealthWorld

A United Nations Development Programme research has said that the growing use of Artificial Intelligence (AI) technology by way of electronic health records and AI-driven automation is revolutionising healthcare in India but the lack of adequate datasets, particularly about some populations, and disproportionate emphasis on urban and male population can put many Indians at a … Read more

US, EU Said to Halt Subsidy Race to Encourage Chips Production

US, EU Said to Halt Subsidy Race to Encourage Chips Production

The United States and European Union will announce a joint effort to avert a “subsidy race” as they scramble to boost production of scarce semiconductor chips, a senior Biden administration official said. The move will be unveiled at the second meeting of the US-EU Trade and Technology Council (TTC), taking place on Sunday and Monday … Read more

Europe’s gas supply crisis grows after Russia imposes sanctions

Europe’s gas supply crisis grows after Russia imposes sanctions

Pressure on Europe to secure alternative gas supplies increased on Thursday as Moscow imposed sanctions on European subsidiaries of state-owned Gazprom a day after Ukraine stopped a major gas transit route. Gas prices surged, with the key European benchmark gaining 12% as buyers were unsettled by the mounting threats to Europe’s supply given its high … Read more

In U-turn, IEA sees world weathering lost Russian oil supply

In U-turn, IEA sees world weathering lost Russian oil supply

The world will not be left short of oil even with lower output from sanctions-hit Russia, the International Energy Agency (IEA) said on Thursday, in a U-turn after it predicted a possible “global supply shock” in March. The IEA, after warning on March 16 that 3 million barrels per day (bpd) could be shut in … Read more

Ukraine says 1,200 bodies found near Kyiv as east braces for onslaught

Ukraine says 1,200 bodies found near Kyiv as east braces for onslaught

Ukraine said Sunday it had found more than 1,200 bodies in the Kyiv region, the scene of atrocities allegedly committed by Russian troops, as residents in the country’s east braced — or fled — ahead of an expected massive offensive. Heavy bombardments hammered Ukraine through the weekend, adding to mounting casualties six weeks into Russia’s … Read more

British defence ministry says Russia targeting civilians

British defence ministry says Russia targeting civilians

Britain’s defence ministry said on Saturday that Russian forces were targeting civilians, a day after a missile attack on a train station crowded with women, children and the elderly killed at least 52 people, according to Ukrainian officials. Russia was focusing its offensive, which included cruise missiles launched by its naval forces, on the eastern … Read more

US, EU announce new partnership to undercut Russian energy

US, EU announce new partnership to undercut Russian energy

The US and European Union on Friday announced a new partnership to reduce the continent’s reliance on Russian energy, the start of a years-long initiative to further isolate Moscow after its invasion of Ukraine. As part of the plan, the US and other nations will increase liquified natural gas exports to Europe by 15 billion … Read more