War

Michelle Fitzpatrick and Blaise Gauquelin (Agence France-Presse) (The Jakarta Post) PREMIUM Elmau Castle, Germany   ● Tue, June 28 2022 President Volodymyr Zelensky on Monday urged world powers to do their utmost to help end Russia's invasion by the end of the year, as G7 leaders planned new sanctions and vowed to support Ukraine "as long as it takes". United States President Joe Biden and his counterparts from the Group of Seven (G7) rich nations, meeting for three days in the Bavarian Alps, promised to tighten the economic screws on Moscow over its Feb. 24 invasion. They also put on a show of unity over Ukraine, even as the fallout from the war intensifies with soaring energy and food prices driving up global inflation. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs … [Read more...] about Kyiv seeks G7 help to end war by winter

- A + A KUALA LUMPUR (June 28): The White House said over 1,000 individuals and entities had already been sanctioned over the Russian invasion of Ukraine. In a fact sheet on Monday (June 27), the White House said the US, in coordination with the Group of Seven (G7), will implement significant commitments, including sanctions on hundreds of individuals and entities that add to the over 1,000 already sanctioned, take action on evasion by targeting companies in several countries that add to the over 300 entity listings already in place, and impose tariffs on hundreds of Russian products worth billions of dollars to Russia, among other things. It said G7 leaders will align and expand targeted sanctions to further restrict Russia’s access to key industrial inputs, services and technologies produced by their economies, particularly those supporting Russia’s armament industrial base and technology sector. The US Department of State and the Treasury will aggressively … [Read more...] about White House says over 1,000 individuals and entities sanctioned over Ukraine war

AFP Moscow, Russia   ● Tue, June 28, 2022 2022-06-28 11:00 0 53ea05b5fe2e13733519dbf4e33269a4 2 Economy Russia,economy,debt,default,sanction,Ukraine-war,Vladimir-Putin Free Russia said Monday that two of its debt payments were blocked from reaching creditors, pushing the country closer to its first foreign default in a century due to sanctions over the Ukraine offensive. The announcement came on the 124th day of Russia's military intervention in Ukraine, with Western sanctions so far failing to force the Kremlin to change its course. The Western economic penalties have largely severed the country from the international financial system, making it difficult for Moscow to service its debt. The Russian authorities insist they have the funds to honour the country's debt, calling the predicament a "farce" and accusing the West of seeking to drive Moscow into a default artificially. "There are no grounds to call this situation a default," Kremlin … [Read more...] about Russia fails to pay debt but denies default

- A + A JAKARTA (June 27): Indonesia calls on all countries to act immediately and not to give up in finding a peaceful solution in Ukraine, so that the affected global food supply chain can be restored. Indonesian Foreign Minister Retno Marsudi said this at the "Ministerial Conference on Uniting for Global Food Security" in Berlin, Germany in a hybrid manner last week, which was also attended by foreign ministers, agriculture ministers and development ministers of the G7 countries. Retno said the effects of the current war was not limited to one region but had also destroyed the global food system chain which was already weakened by the pandemic and climate change. Thus, an effective solution is to create a ‘grain corridor’ to export grain from Ukraine, as well as open up the export of food and fertilisers from Russia. "When we fail to overcome the fertiliser crisis, then there will be a rice crisis that will affect the fate of more than two billion people in … [Read more...] about Indonesia urges world to unite to restore global food supply chain

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

KUALA LUMPUR: Southern Cable Group Bhd is targeting higher overseas revenue in the financial year ending Dec 31, 2022 (FY22) on the back of improving regional demand in line with recovering economic activities. As at March 31, Southern Cable is slated to fulfil RM628.6mil worth of orders in hand over the next two years, of which overseas represent less than 1%. In a statement, the cable and wire manufacturer said it also hopes to penetrate into the United States market in the second half of 2022. Managing director Tung Eng Hai said the group is ready to support the improved economic activity, especially in the existing markets of Myanmar and Singapore, as they accelerate the pace of infrastructure and development projects. “Building on our strong track record in supplying power cables and wires, we are also undergoing final stages of testing and evaluation for our in-house developed XHHW-2 industrial cables for a customer in the US, for use in residential, commercial and … [Read more...] about Southern Cable targeting higher exports in FY22

For the past two years, the United Nations has ranked Finland as the world's happiest country. The U.S. has never scored in the top 10 since the index was launched in 2011, and in 2019 it plummeted to 19th. While Finland seems perennially chirpy, the U.S. is seeing growing rates of depression, drug addiction, and suicide . Here are six reasons that residents of Finland (7.1 percent of whom are immigrants, BTW) are so happy when compared with their American counterparts: 1. Finns pay higher taxes but see more results. According to the conservative think tank the Brookings Institute, Finland collects 44 percent of its gross domestic product (GDP) in taxes versus the 26 percent of GDP that the U.S. collected in 2015. (For comparison, Denmark collects 46 percent and Mexico 17 percent.) So taxes are relatively high in Finland, which you'd think would tend to reduce overall happiness. However, higher taxes don't seem to bother the Finns, for two reasons: … [Read more...] about Why Finland Is So Happy (and the U.S. Is So Depressed)

Chinese state-run media appeared to suggest Monday that the U.S. had reached a political boiling point in the wake of the Supreme Court’s recent decision overturning Roe v. Wade. Following the Supreme Court’s 6-3 decision on Friday, which effectively grants states the authority to regulate abortion, Chinese state-run media outlet Global Times cited experts to cast the verdict as a fundamental betrayal of Americans’ human rights. The Chinese state media outlet article went on to speculate that America’s supposed deep political divide also threatens to potentially result in a civil war. “[The Supreme Court’s decision] is a great denial of American people’s basic human rights,” Diao Daming, associate professor at the Renmin University, told Global Times. “It is clearly a historical regression.” (RELATED: Big Business Fights Bill Intended To Stop Selling America Out To China) The Chinese state-run media report follows less than two weeks after the European Parliament passed a … [Read more...] about Chinese Media Suggests US Is About To Boil Over With Conflict After SCOTUS Decision

Share to Twitter Share to Linkedin Following a series of five American make-up dates, KISS finds themselves in an unusual position with only three more U.S. stops currently on the books. On tour in Europe ahead of Kiss Kruise XI in October, familiar questions surround the band: what’s next and who will be a part of it? Last month in Milwaukee, Gene Simmons, Paul Stanley, Tommy Thayer and Eric Singer put on a masterclass in live rock 101 as KISS tore through the hits on stage at American Family Insurance Amphitheater. “Good people of beer city,” mused Stanley on opening night in Wisconsin. “That’s right, I know all about the beer that made Milwaukee famous!” said the singer, localizing the show on stage following rollicking takes on “Detroit Rock City” and “Shout it Out Loud” to get things started. “I know this is beer city but here’s an old school classic from KISS’ Alive! ” he continued, putting forth an impressive a cappella intro on “Cold … [Read more...] about KISS Make Good As Rescheduled ‘End Of The Road’ Dates Kick Off In Milwaukee

Share to Twitter Share to Linkedin “Say we’ll be together ‘til the end,” sang Phil Collins Monday night in Chicago as English prog rockers Genesis launched their North American tour on stage at United Center. Amidst an arena concert landscape dominated by reunion tours - in a year where acts like the Rolling Stones are staging highly entertaining concerts even as each member approaches the age of 80 - most tours lack a tangible sense of finality. Another go at it almost always seems plausible. But this Genesis outing feels different, with even the tour’s title - “The Last Domino?” - seemingly hinting at the inevitable. Plagued by a litany of health issues, singer Phil Collins, 70, now sits for the majority of the group’s two hour plus performances, unable to play the drums as he did when Genesis last performed together in 2007. Nevertheless, Monday night in Chicago, the first of two sold out shows at United Center, found Collins in fine … [Read more...] about Genesis Launch North American Tour With Triumphant Opening Night In Chicago