US and European intelligence officials question whether Russia has the resources for a major new offensive, even after mobilizing 300,000 additional troops last fall. Ukraine’s allies, meanwhile, are stepping up weapons supplies, preparing to deliver armored vehicles and main battle tanks for the first time that could help Ukrainian troops break through Russian lines. .
(Bloomberg Businessweek) — When it comes to forecasting a recession, economists today have a wealth of tools and data. Even so, it’s still more of an art than a science. Most economists predict a downturn in the US this year, precipitated by the Federal Reserve’s barrage of interest-rate hikes aimed at combating inflation. Among those … Read more
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Pakistan faced a major nationwide power breakdown on Monday because of “reduced frequency” in the national grid, the energy ministry said in a Twitter message. .
The fund raising plans come at a time when Ambani’s retail-to-refining empire is facing twin headwinds of rising interest rates. .
Russian troops are focusing their main efforts on the assault towards the eastern city of Bakhmut, while also conducting unsuccessful offensive operations on the Avdiyivka axis, Ukraine’s General Staff said on Facebook. Ukrainian forces repelled attacks near nine settlements in the Donetsk and Luhansk regions, and shot down a Russian Su-25 jet near Soledar, according … Read more
An oil pump jack in a field with wind turbines in Corpus Christi, Texas, US, Friday, Feb. 19, 2021. Natural gas futures fluctuated Friday as an energy crisis plaguing the central US eased amid an outlook for milder weather and a decline in blackouts. Photographer: Eddie Seal/Bloomberg .
Lithium ore falls from a chute onto a stockpile at the Bald Hill lithium mine site, co-owned by Tawana Resources Ltd. and Alliance Mineral Assets Ltd., outside of Widgiemooltha, Australia, on Monday, Aug. 6, 2018. Australia’s newest lithium exporter Tawana is in talks with potential customers over expansion of its Bald Hill mine and sees … Read more
