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Russia Fires Top VEB Economist Klepach After War-Cost Warning

Andrei Klepach, VEB's chief economist, was dismissed on August 18 after warning Russia could not win a prolonged war of attrition with Ukraine.

Mike Ashley’s Frasers Group Lifts Hugo Boss Stake to 48%

Mike Ashley's Frasers Group has lifted its Hugo Boss shareholding to 48% after an offer of €38 per share, stopping just short of full control.

Russia Fires Top VEB Economist Klepach After War-Cost Warning

Andrei Klepach, VEB's chief economist, was dismissed on August 18 after warning Russia could not win a prolonged war of attrition with Ukraine.

Global Bond Yields Hit Multi-Decade Highs as US-Iran Ceasefire Collapses

Government borrowing costs reached multi-decade highs on Tuesday after the US-Iran ceasefire collapsed, driving yields higher across major economies.

Baidu Revenue Falls 4% as AI Cloud Fails to Cover Ad Slump

Baidu posted a 4% drop in second-quarter revenue to 31.3 billion yuan on Tuesday, as AI cloud growth failed to offset a continued advertising decline.

Thaksin Shinawatra’s Dramatic Return: Thailand’s Political Landscape Reshaped

After a prolonged 15-year exile, Thailand's former prime minister Thaksin Shinawatra touched down at Bangkok’s Don Maueng Airport on a private jet from Singapore...

Australia Strengthens Defense with US Missile Purchase Amid Aukus Debates

Australia, in a significant move, has acquired A$1.7 billion (US$1.1 billion) worth of missiles from the United States. This action intensifies ongoing domestic debates...

Chonlanan Srikaew’s Resignation: A New Chapter in Thailand’s Political Journey

Introduction Thailand's political dynamics have once again shown their fluid nature, as Pheu Thai party chief Chonlanan Srikaew announced his intention to resign from his...

Taiwan’s William Lai: Navigating Tensions with China Amid Presidential Aspirations

Taiwan's Vice President, William Lai, who is strongly positioned to become the island's next president, has drawn significant attention following China's recent military drills...

U.S.-Vietnam Strategic Partnership: A New Era in Technological Collaboration

The anticipated state visit of U.S. President Joe Biden to Vietnam, set for mid-September, is on everyone's radar, not just for its diplomatic symbolism...

Jim O’Neill Discusses BRICS, Global Economy, and Tech Decoupling

The 15th BRICS Summit is scheduled for August 22 to 24, 2023, in Johannesburg, South Africa. Key topics include the potential for a unified...

Asia’s Travel Retail Impact on Estee Lauder & the Luxury Market

In today's fast-paced world of commerce and travel, various economic sectors are interwoven in a complex tapestry of trade. As the globe continues to...

Kazakhstan Coal Mine Tragedy: Delving Deep into the Incident and Its Implications

Kazakhstan, a nation rich in natural resources, witnessed another dark day in its mining history on Friday. Local authorities from the Karaganda region announced...

BRICS Summit in Johannesburg: A Turning Point in Global Geopolitics

On the forthcoming calendar of international events, one of the most anticipated is the BRICS leaders' summit scheduled to take place in Johannesburg. This...

U.S. Economic Surge in 2023: Market Repercussions and Global Outlook

Introduction Despite the bleak recessionary predictions earlier this year, the U.S. economy seems to be on a robust rebound. As we delve into the latter...

Iranian Minister’s Visit to Riyadh: A New Dawn in Middle East Diplomacy?

On a crisp Thursday morning, the Saudi Arabian capital of Riyadh witnessed an unusual sight. An Iranian aircraft touched down on its tarmac, carrying...

The Killing Vote: A Deep Dive into Korea’s Vigilante Drama

In the Korean drama series available on Amazon Prime, a clandestine figure known as "Dog Mask" takes justice into his own hands. By hacking...

Mycelium in Luxury Fashion: The Sustainable Revolution

In the heart of San Francisco, the next frontier of luxury fashion accessories is taking root, and it’s not where you'd expect. The unassuming...

India-China Border Negotiations: Decoding the 19th Round of Talks

The 19th round of corps commander-level talks between China and India, held recently, adds another chapter in the prolonged diplomatic narrative of the two...

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