Month: March 2022
Economic Recession
Rising energy prices have elevated inflation readings during the pandemic to the highest level in decades, and stocks have struggled in recent months. Amid an unprecedented surge in gas prices, inflation spiked 7.9% in the 12 months ending in February the highest rate in 40 years, according to Labor Department data released Thursday. historically, recessions
Bitcoin cash machines shutdown
Crypto-ATMs look like regular cash machines and let people buy crypto-currency, such as Bitcoin, using their bank cards. All United Kingdom crypto-currency cash machines (ATMs) are operating illegally and must be shut down, the Financial Conduct Authority has announced. It said that since the publication of its list, 110 of the crypto companies had ceased
Zoe Covid-tracking app funding
The Zoe app offered a new way to track diseases, with users inputting symptoms and experts analysing the data. It was launched in March 2020 and over the next two years the app, developed by King’s College London and technology company Zoe, helped discover new symptoms of Covid. An app that was widely used to
Ukraine’s legion of foreign fighters
Volodymyr Zelensky, Ukraine’s president, said on March 3rd that 16,000 people from around the world had already volunteered to join the International Legion, his newly announced branch of the army. That number includes many people from Ukraine’s post-communist neighbours, as well as 3,000 Americans. Despite the reluctance of Western governments to join in combat, it
Ukraine: crippling global food markets
Today Russia and Ukraine, respectively the largest and fifth-largest wheat exporters, together account for 29% of international annual sales. And after several poor harvests, frantic buying during the pandemic and supply-chain issues since, global stocks are 31% below the five-year average .Wheat prices, which were already 49% above their 2017-21 average in mid-February, have risen
Nato criticized over crash of Russian-made drone in Zagreb
Croatian officials have criticised Nato for what they said was its slow reaction to a military drone that apparently flew all the way from the Ukrainian war zone over several Nato member states, before crashing in an urban area of the Croatian capital. About 40 parked cars were damaged but no one was injured after
Melitopol Mayor “Kidnapped”
Ukrainian President Volodymyr Zelensky has accused Russia of kidnapping the mayor of the southern port city of Melitopol, equating it to the actions of so-called Islamic State “terrorists”. The office accused him of “terrorist activities” and of financing the nationalist militia Right Sector to “commit terrorist crimes against Donbass civilians”. The office said it was
Russia Blogger burst into tears after Instagram blocked
The Instagram blogger in Russia burst into tears crying over Vladimir Putin’s decision to block Instagram in the country from Monday. Social networking giant Meta have claimed that around 80 million users will be cut off of the photo sharing site Instagram on Monday, as Russian President Vladimir Putin is set to remove access to
Space Station could crash
Russia’s space agency boss has warned the International Space Station [ISS] could crash to earth if sanctions over the Ukraine war are not lifted. Roscosmos chief Dmitry Rogozin published a map showing where the ISS flies over, implying Russia would be at a lower risk of any damage if it were to fall out of
Russia limits access to Instagram
Instagram has been restricted in Russia after posts “calling for violence against Russians” were “distributed”, Russian authorities have said. The state’s communications watchdog will restrict access to the social media app and website following the posts. President of global affairs for Meta, Nick Clegg, said the company “does not tolerate Russophobia or any kind of