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Friday, October 4, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Germany says it can do without Russian gas, but that won’t be easy

As Germany looks to move away from nuclear and coal-fired plants, an increase in gas use could help fill that gap. But that potentially conflicts with efforts to curb reliance on Russia.

Genocide of Russians in Ukraine? How Putin became a hobby historian & lost touch with reality

At some point — more than a decade ago — Putin began constructing an alternate reality. He made up his own theories about the past, eliding facts to tell himself stories he liked.

WhatApp may be convenient for banking but there are mounting regulatory concerns

Bankers’ use of WhatsApp and similar tools has grown alongside the rest of society, but bankers have serious regulatory responsibilities to track information.

Pakistan PM Imran Khan travels to Russia today on two-day visit amid Ukraine tensions

This will be the first bilateral meeting between the nations in over two decades. Bilateral, regional & international topics will be discussed, Pakistan’s foreign ministry said.

India should stand with the West against Russia

India cannot simply seek neutrality between the West and today’s Russia, given that the latter has a record of interpreting neutrality in the face of escalation as active support.

Russia’s richest have lost $32 bn in 2022, deepening Ukraine crisis set to make bigger impact

Gennady Timchenko has lost almost 1/3rd of his wealth, while Leonid Mikhelson’s fortune has tumbled $6.2 bn. Lukoil chief Vagit Alekperov’s net worth has declined by about $3.5 bn.

Biden targets Russian banks, Kremlin aides in 1st set of sanctions, markets respond with a shrug

US President Biden unveiled sanctions targeting Russia’s sale of sovereign debt abroad and the country’s elites. He said penalties will increase if Russia 'continues its aggression'.

Amsterdam police arrests Apple store gunman after 5-hour standoff, hostage rescued

“We can confirm that the hostage-taker is out of the Apple Store,” said the Amsterdam police department in a statement.

Hong Kong’s elderly population who refused Covid vaccines are ‘ticking time bomb’

Hong Kong launched its vaccination programme in early 2021 but failed to persuade most seniors, who worried about side effects or were complacent, given the city's low incidence of cases.

Xi Jinping scores some diplomatic wins for China as polarising Beijing Winter Olympics end

The Chinese President held at least 18 bilateral meetings with leaders of mostly developing nations, inked several economic agreements on the sidelines, and also threw a banquet.

On Camera

I met Hezbollah leader Hassan Nasrallah in 2005. He told me he was an admirer of MK Gandhi

Shuttle diplomacy at a high level is indicated, along the lines of the famous Kissingerian shuttles following the 1973 Arab-Israeli war.

#ByeByeAP to #LuluBackInAP: Naidu’s moves to make Andhra ‘business friendly’ & woo back investors

The Jagan Reddy govt has been accused of scuppering various investment deals. Under Naidu, the govt, is trying to make AP a top investment destination, officials and industrialists say.

IAF chief AP Singh red-flags Tejas delay, says China ahead in technology & production capacity

Air force chief says HAL needs to churn out 24 aircraft per year. It is important for IAF to have indigenous weapons systems to deal with any security challenges, he says.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?