Author: Steven Sahiounie

It looks like local authorities have something to hide given the fact they openly threatened the operation of the gas pipelines, Minister-Counselor of the Russian Embassy in the United States Andrey Ledenev said US media leaks from anonymous sources about the sabotage attacks on Nord Stream pipelines are intended only to confuse those who are trying to find out the truth, Minister-Counselor of the Russian Embassy in the United States Andrey Ledenev said. Commenting on an article in the New York Times, the diplomat said: “First of all, we took notice of the fact that the mentioned article instantly got a…

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According to the President, Russia is facing direct threats to its security and sovereignty Russia is facing direct threats to its security and sovereignty, Russian President Vladimir Putin said on Wednesday at a ceremony in the Kremlin to present state awards to women on International Women’s Day. At the same time, he recognized the readiness of the people to defend the future, to defend the truth. “Now that Russia is facing direct threats to its security and sovereignty, we see many examples of bravery and determination, courage and willingness to stand up for the truth, to protect people and the…

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Artyomovsk is located in the Kiev-controlled part of the Donetsk People’s Republic and serves as a major transportation hub for the Ukrainian group of troops in Donbass Russian forces have taken full control over the eastern part of Artyomovsk (known as Bakhmut in Ukraine), founder of the Wagner PMC Evgeny Prigozhin said on Wednesday. “Wagner PMC units have occupied the entire eastern part of Bakhmut. Everything east of the Bakhmutka River is completely under the control of the Wagner PMC,” Prigozhin was quoted as saying by his press service on his Telegram channel. Artyomovsk is located in the Kiev-controlled part…

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South Korea’s opposition political parties and civic groups have raised their voice against the government’s push to resolve Japan’s wartime forced labor issue through a private foundation as it dismissed the victims’ demand for sincere apology from the Japanese government and firms that should be held accountable. Lee Jae-myung, chief of the main liberal opposition Democratic Party, said on Wednesday that the so-called third-party reimbursement solution was a “de facto surrender document to Japan.” He noted that people flared up in anger over the government’s “humiliating” compensation plan, saying it was the biggest victory for Japan and the worst humiliation…

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Speaking at his joint press conference with his Turkish counterpart, Iran’s foreign minister said that Tehran and Ankara stress regional partnership rather than regional competition. Iran Foreign Minister Hossein Amir-Abdollahian has traveled to Ankara to visit the earthquake-affected areas of Türkiye and to hold talks with the officials of the country. In a press conference with his Turkish counterpart, Mevlüt ÇavuşoğluI, Amir- Abdollahian, once again expressed his condolences for the Turkish nation and the deaths of a number of citizens of the country in the earthquake and stated: “Since the early hours of the earthquake, the Leader of the Revolution and the president of Iran issued strict…

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The Peruvian President is accused of committing “genocide” against anti-government protesters. The President of Peru was questioned for over an hour on Tuesday by the Peruvian prosecutor regarding the deaths of citizens protesting against the government. The questioning, conducted by prosecutor Patricia Benavides, is looking into claims that security forces used lethal force against the demonstrators. Peru has been shaken by two months of protests by supporters of former president Pedro Castillo, who was impeached and arrested after attempting to dissolve parliament and rule by decree. Source: Almayadeen

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Bitcoin fell to a three-week low Wednesday as U.S. Federal Reserve Chairman Jerome Powell’s hawkish testimony to Congress spurred traders to price in a higher “terminal rate.” The leading cryptocurrency by market value fell to $21,871 during Asian trading hours, a three-week low, CoinDesk data show. Ether, the second-largest cryptocurrency, nearly tested Tuesday’s low of $1,535. Powell on Tuesday said the central bank is likely to raise rates more than previously expected, warning that the process of pushing inflation down to the 2% target has a “long way to go.” Since last year, the Fed has raised rates by 450 basis points (bps), roiling…

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The U.S. Federal Reserve cannot disrupt its cycle of interest rate increases until the nation enters a recession, according to TS Lombard Chief U.S. Economist Steven Blitz. “There is no exit from this until he [Fed Chair Jerome Powell] does create a recession, ’til unemployment goes up, and that is when the Fed rates will stop being hiked,” Blitz told CNBC’s “Squawk Box Europe” on Wednesday. He stressed that the Fed lacks clarity on the ceiling of interest rate increases in the absence of such an economic slowdown. “They have no idea where the top rate is, because they have no idea…

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BEIJING — China is pulling out all the stops to keep multinationals like Apple and its supplier Foxconn in the country. Such efforts to attract foreign investment come as the pandemic and geopolitical tensions push companies to diversify their supply chains away from China. For the first time in 25 years, the American Chamber of Commerce in China found that less than half the respondents to its annual survey ranked China as a top three investment priority. The number of companies which are considering or starting to relocate their manufacturing and sourcing outside of China rose by 10 percentage points from a year ago,…

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