The World Bank estimates the damage caused by earthquakes in Turkey at around USD 34 billion. But the actual costs can be two to three times higher because rebuilding costs more money than what has been lost in housing and infrastructure. According to the World Bank, more than half of […]
Despite international scepticism, the Kremlin has welcomed China’s position to end the war in Ukraine. “Any efforts to develop plans that help put the conflict on a peaceful track deserve attention,” Kremlin spokesman Dmitry Peskov told Russia’s Interfax news agency. “With the same attention, we also treat the plan of […]
Farmers who grow grain or vegetables may soon have a windfall. Fertilizer prices have fallen sharply in the past week and are lower than before the start of the war in Ukraine. Then, the Russian invasion of the country caused fertilizer prices to skyrocket, leading to concerns about the international […]
Russians and some Russian banks subject to sanctions can trade in digital currencies via the Huobi and KuCoin crypto exchanges. Data analyst Inca Digital, specialising in crypto coins, says this in a report. According to director Adam Zarazinski, the exchanges may violate US and European sanctions. Many Russians’ transactions concern […]
Swedish telecom equipment manufacturer Ericsson is cutting 8,500 jobs worldwide. Reuters reports this based on a memo that was sent to employees. The company hopes to save costs with the job cuts. On Monday, Ericsson will announce that it wants to cut 1400 jobs in Sweden. The cost savings are […]
Aviation group IAG, the parent group of British Airways, also notices that the aviation sector is recovering well from the corona crisis. The group, which also owns the Irish Aer Lingus and the Spanish companies Iberia and Vueling, made a profit again last year after losing billions in 2021. Last […]
Twitter will make its algorithm open-source by next week. At least that’s what Elon Musk, CEO of Twitter, writes on the platform. In a tweet, the CEO suggests that he will make the algorithm by which Twitter recommends content to its users open source next week. Of course, given that […]
Chinese President Xi Jinping will visit Moscow “sometime in the coming months” for talks with Russian President Vladimir Putin. The Wall Street Journal reports this. The meeting between the two leaders is said to be part of an effort to initiate peace talks over Ukraine. However, preparations for the summit […]
In Poland, on the border with Belarus, hundreds of trucks are stuck in a traffic jam of more than 40 kilometres. This is due to the closure of another important border post by Warsaw and retaliatory measures by Minsk. It concerns the border crossing in Koroszczyn, currently the only one […]
An Australian man is said to have fathered more than 60 children through sperm donation. The children’s parents found this out when they noticed at a meeting that all their children were very similar. That writes Daily Mail. The parents noticed at a meeting of the Australian LGBTQI community that […]
