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Centre cuts excise duty on petrol diesel

West pledges unwavering support for Ukraine as missiles strike shopping centre

June 28, 2022 by www.theedgemarkets.com

People stand next to cars destroyed by a Russian missile strike, as Russia's attack on Ukraine continues, at a residential area in Kharkiv, Ukraine on June 26, 2022. (Reuters filepix by Sofiia Gatilova) - A + A KYIV (June 27): Western nations on Monday pledged unwavering support for Ukraine in the war with Russia, including more sanctions on Moscow and air-defence systems, as Russian forces closed in on the last big city still held by Ukrainian troops in eastern Luhansk province. Two Russian missiles struck a crowded shopping centre in the Ukrainian city of Kremenchuk, southeast of Kyiv, killing at least 10 people and wounding 40, senior Ukrainian officials said. "It's useless to hope for decency and humanity from Russia," Ukrainian President Volodymyr Zelenskiy wrote on Telegram. Leaders of the Group of Seven major democracies, meeting at a German alpine resort, said they would keep sanctions on Russia for as long as necessary and intensify international … [Read more...] about West pledges unwavering support for Ukraine as missiles strike shopping centre

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Govt continues giving subsidies to stabilise prices, avoid high inflation

June 27, 2022 by www.theedgemarkets.com

- A + A PUTRAJAYA (June 27): The government is willing to bear the projected huge subsidy totalling RM77.3 billion for this year towards stabilising the prices of goods and avoiding high inflation rates of up to 11.4%, says Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. He said the government had a choice of removing subsidies and strengthening the country’s finances to a better level, but it chose to bear the subsidies instead for the welfare and well-being of the people. Mustapa said the announcement on June 24 by Prime Minister Datuk Seri Ismail Sabri Yaakob of no increase in the water and electricity tariffs, and the chicken price not being floated showed the government’s caring side and commitment to maintaining the subsidies. Referring to the projected consumer subsidy expenditure amounting to RM77.3 billion for 2022, he said RM51 billion of it made up the biggest component of fuel, cooking oil, electricity, water, chicken … [Read more...] about Govt continues giving subsidies to stabilise prices, avoid high inflation

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Kalvin Phillips Edges Closer To Heartbreaking Manchester City Transfer

June 26, 2022 by www.forbes.com

Share to Twitter Share to Linkedin England midfielder Kalvin Phillips’ move to Manchester City appears to be just a matter of time. Numerous trusted sources revealed on Friday that a $55 million fee had been agreed and reports over the weekend suggest the transfer is imminent. It's hard not to feel sorry for Leeds United fans who are losing not only their best player but the person who most embodies the club itself. Born and bred in the Yorkshire city, Phillips has been with the club since the age of 14, he doesn’t just play for the Whites, he supports them too. “He’s one of our own, it won’t be the same without him,” one fan told Sky Sports’ cameras as news of the fee agreement broke, “I’m absolutely gutted,” another added swallowing back the emotion. It’s a reflection of the esteem the midfielder is held that most of the complaints from fans have not been about Phillips making the switch across the Pennines. They were annoyed about the fee … [Read more...] about Kalvin Phillips Edges Closer To Heartbreaking Manchester City Transfer

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