Just days after Russia pulled out of a deal that guaranteed safe passage for ships carrying cereal through the Black Sea, wheat prices have been rising on international markets, reigniting concerns about the impact on poorer, grain-importing countries as well as on western countries dealing with persistently high inflation. After the Kremlin decided to end…
With the Indian conglomerate planning to invest more than £4 billion (about $5.17 billion) in the project, the Tata Group will build a sizable facility for the manufacture of electric vehicle batteries in the United Kingdom. The U.K.’s efforts to secure its own supply of EV batteries as it attempts to transition away from vehicles…
India’s refiners have been snatching up inexpensive Russian oil ever since the Kremlin invaded Ukraine in February of last year. Since then, Moscow has advanced to take the lead as India’s top crude oil supplier, providing approximately 40% of the country’s crude imports.
Increasing tensions with Beijing, a senior European Union official has urged further EU nations to prohibit Chinese telecom companies ZTE and Huawei from using their 5G networks. In order to protect their national security, more member states should stop upgrading their mobile internet infrastructure with “high-risk” vendors like Huawei and ZTE, according to EU commissioner…
