Author: Steven Sahiounie

Western restrictions on Russian diamond imports have destabilized the entire industry, as traders struggle to verify gems heading to the EU, the Sunday Times has reported, citing market players.

Trump Media & Technology Group, the parent company of Truth Social, former US President Donald Trump’s online platform, began trading on the NASDAQ stock market on Tuesday. Shares rose so quickly they triggered the fail-safe mechanism. 

Russia has started supplying oil directly to North Korea in defiance of UN sanctions, the Financial Times reported on Tuesday, citing satellite images as evidence.

Starlink satellite communication terminals, manufactured by Elon Musk’s SpaceX for exclusive use on his network, can be purchased illegally in countries where no agreement exists for their use – including nations that are subject to international sanctions, Bloomberg reported on Tuesday.

The price of cocoa beans surged to an all-time high on Tuesday, amid supply constraints in West Africa, which produces about 70% of the crop globally.

Attacks on companies that do business in Russia continue despite Kiev shutting down its list of ‘international war sponsors’

The collapse of Baltimore’s Francis Scott Key Bridge, which has cut off ocean routes to the city’s major port, is expected to cause severe disruptions to local transport and logistics, producing ripple effects on global supply chains.

Larry Fink, the head of BlackRock, the world’s largest asset management firm, has warned that demographics will inevitably strain pension systems and that longer lives are projected to force workers to retire later.

A group of leading German economic institutes have slashed growth forecasts for the EU’s top economy in 2024 to 0.1% from an earlier projection of 1.3%.

The Palestinian presidency welcomed the successive US statements calling for an end to the Israeli aggression and cautioning Israel against attacking the city of Rafah given the possibility of unprecedented civilian casualties. The presidency emphasized the importance of these US statements, especially what was said by the US Vice President that all options are on the table, as well as what the US Secretary of Defense Lloyd Austin said today that protecting Palestinian civilians from harm is a moral and strategic necessity, describing the situation in Gaza as a humanitarian catastrophe. The presidency also stressed the importance of what the…