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BusinessEconomyTechnology

Load shedding’ takes a toll on small businesses in South Africa-Aljazeera

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Small business owners say the scheduled power cuts are hurting their daily operations. Breaking News Cape Town, South Africa – In the five years since Corner Cafe opened its doors a few metres away from the South African Parliament building in Cape Town’s central business district, it has become a popular meeting place for politicians, researchers and other locals. But less than two years…
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BusinessEconomy

How a Middle Eastern businessman became a world-famous criminal facing a 291-year American prison sentence-RT News

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RT tells the story of Arif Naqvi, an entrepreneur accused of stealing from some of the most powerful powerful people on earth Exclusive News It’s a chilly day in London. I arrive at amembers-only club in Mayfair. I’m about to have a meeting I’ve been waiting to make happen for nearly two years. It’s with Arif Naqvi. He’s the man accused of stealing hundreds of millions of…
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BusinessPoliticsWorld

EU won't approve full Russian oil embargo – Bloomberg-RT News

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Brussels proposes an initial ban only applying to seaborne crude, according to Bloomberg Exclusive News The European Commission has suggestedkick-startingan embargo on Russian oil by giving up on seaborne deliveries, while delaying a ban on pipeline supplies, Bloomberg reported on Saturday, citing “people familiar with the matter.” The revised proposal was sent to the…
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BusinessEconomyTechnologyWorld

Elon Musk pits billionaires against politicians -Rt News

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The world’s richest man asked whether his followers trust government officials over the wealthy Tesla CEO Elon Musk asked social media users on Thursday night whether they trust politicians over billionaires in a viral Twitter poll, drawing more than one million votes in a matter of hours. Most respondents voiced doubt in their elected representatives. Exclusive News The tech…
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BusinessEconomyPolitics

EU countries see double-digit inflation-RT News

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Estonia, Lithuania and Bulgaria have the fastest consumer price growth in the bloc Meanwhile, most economists urge patience, explaining that sanctions take months to have full effect. If Russia can not get appropriate amounts of capital, parts or supplies over time, that will cause even more factories and businesses to shut down, leading to higher unemployment. Sanctions imposed on Russia have…
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BusinessEconomy

EU leader won’t discuss ban on Russian oil – FT-RT News

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PM Viktor Orban says that a bloc-wide ban on Russian oil would cause “serious” harm to Hungary’s economy Exclusive News Hungarian Prime Minister Viktor Orban has ruled out further discussion on a proposed EU-wide embargo on Russian oil, the Financial Times reported on Tuesday. Although other EU leaders insist a ban is close to being finalized, Orban has said that such a deal can’t be…
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BusinessEconomyWorld

Global ‘wheat war’ looming- RT News

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West could be forced to ask Russia for grain in exchange for lifting sanctions The cost of everything from bread and cakes to noodles and pasta has risen in recent months as wheat prices soared on world commodity markets. Its evident that the war in Ukraine will have long devastating impact on world’s food supply Exclusive Daily Sale Wheat prices have surged to record highs over…
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