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G-7 leaders united behind Ukraine, aim at Kremlin oil money

June 28, 2022 by www.denverpost.com

By ZEKE MILLER and GEIR MOULSON ELMAU, Germany (AP) — Leaders of the world’s biggest developed economies said Tuesday they would explore far-reaching steps to cap Russia’s income from oil sales that are financing its invasion of Ukraine and struck a united stance to support Kyiv for “as long as it takes” as the war grinds on. The final statement from the Group of Seven summit in Germany underlined their intent to impose “severe and immediate economic costs” on Russia. It left out key details on how fossil fuel price caps would work in practice, setting up more discussion in the weeks ahead to “explore … the feasibility” of measures to bar imports of Russian oil above a certain level. That would hit a key Russian source of income and, in theory, help relieve the energy price spikes and inflation afflicting the global economy as a result of the war. “We remain steadfast in our commitment to our unprecedented coordination on sanctions for as long as necessary, acting in … [Read more...] about G-7 leaders united behind Ukraine, aim at Kremlin oil money

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Mah Sing buys Johor land for new mixed project with RM469 mil GDV

June 28, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (June 28): Mah Sing Group Bhd has acquired a new plot of land in the district of Tebrau, Johor Bahru — the group's first land deal this year — to develop a mixed project that will have an estimated gross value of about RM469 million. In a statement Tuesday (June 28), Mah Sing said the prime land parcel — measuring about 6.938 acres and valued at RM39.29 million — is located in Taman Seri Austin next to an existing McDonald's drive-through, and is accessible via Persiaran Eco Cascadia. The proposed mixed project, M Minori, will comprise three blocks of serviced suites with 1-bedroom, 2-bedroom and 3-bedroom units, with indicative build-outs ranging from 550 sq ft to 880 sq ft, with indicative prices starting from RM260,000. “It is about 6.5km from Mah Sing’s Johor office in the matured township of Austin Perdana, and is targeted for registration of interest in the fourth quarter of 2022. This proposed mixed development also features some retail … [Read more...] about Mah Sing buys Johor land for new mixed project with RM469 mil GDV

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India asks social media firms to remove reference to ‘Indian variant’ of coronavirus

May 22, 2021 by newsinfo.inquirer.net

FILE PHOTO: A medical worker takes care of a patient suffering from the coronavirus disease (COVID-19), inside the Intensive Care Unit (ICU) ward at the Government Institute of Medical Sciences (GIMS) hospital, in Greater Noida on the outskirts of New Delhi, India, May 21, 2021. REUTERS/Adnan Abidi/File Photo NEW DELHI — India’s information technology (IT) ministry has written to all social media companies asking them to take down any content that refers to an “Indian variant” of the coronavirus, according to a letter issued on Friday which was seen by Reuters. The World Health Organization said on May 11 that the coronavirus variant B.1.617, first identified in India last year, was being classified as a variant of global concern. The Indian government a day later issued a statement saying media reports using the term “Indian Variant” were without any basis, saying the WHO had classified the variant as just B.1.617. In a letter to social media companies on Friday, the IT … [Read more...] about India asks social media firms to remove reference to ‘Indian variant’ of coronavirus

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