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May 24, 2022

GLOBAL

UK stocks hit by global gloom, windfall tax threat for utilities

Reuters
The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville Register now for FREE unlimited access to Reuters.com Register Power generators hit by report of windfall tax Royal Mail slides as Peel Hunt downgrades to sell FTSE 100 down 0.6%, FTSE......

Russian invasion of Ukraine is a global issue, says Biden

Reuters
Biden says Ukraine invasion is a global crisis Biden calls for territorial integrity and sovereignty EU embargo on Russian oil imports “within days”-Germany Russia sees economic ties with China growing Ukraine urges prisoner swap with Moscow LVIV, Ukraine/BERLIN, May 24 (Reuters) – U.S. President Joe Biden said on Tuesday that......

Ukraine Live Updates: Zelensky Urges Global Business Elite to Further Punish Russia

New York Times
New York Times – For more and to sign up click here For decades, crude oil piped in from Russia has flowed into a giant refinery in Schwedt, an industrial city on the banks of the Oder River in Germany, providing jobs for thousands of workers and a reliable source......

Independent Global Film Movement Tackles Diversity Issues At The 75th Festival De Cannes

@BreaknNews
   Diversity In Cannes Logo LOS ANGELES – May 20, 2022 – — Yolonda Brinkley, creator of Diversity in Cannes, the independent global film movement promoting inclusion at the Cannes Film Festival, is pleased to announce her return to the Croisette, for the 13th year, with Diversity Days, May 23......

‘Who is talking about climate change now?’ What the Ukraine war means for global heating

CNBC
CNBC – For more and to sign up click here A group of Ukrainian women demonstrate to call for further action against Russia near the headquarters of the EU Commission in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images LONDON — Reflecting on energy markets just over......

Cyber security: Global food supply chain at risk from malicious hackers

BBC
https://www.bbc.co.uk/news/science-environment-61336659?at_medium=RSS&at_campaign=KARANGA Chris Chavasse, the co-founder of Muddy Machines, which is trialling an autonomous asparagus-harvesting robot called Sprout, said: “There is a real risk that people anywhere in the world could try and take control of these machines,” he said. “to get them to do whatever those people want, or just......

Consumers are hurting as ‘global energy shock’ gets underway, says World Energy Council

CNBC
CNBC – For more and to sign up click here The current oil crisis isn’t like previous ones — and consumers will have to bear the brunt of it even as they grapple with rising inflation, Angela Wilkinson from the World Energy Council told CNBC. “I think this is a......

How Monique Nelson Is Bringing a Global Perspective to the Mainstream

Sports Illustrated
SI – For more and to sign up click here Naya Samuel Courtesy of Monique Nelson Sports Illustrated and Empower Onyx are putting the spotlight on the diverse journeys of Black women across sports—from the veteran athletes, to up-and-coming stars, coaches, executives and more—in the series, Elle-evate: 100 Influential Black......

NASA, Partners Offer Global View of Environmental Changes

NASA
Continuing the collaboration that produced the COVID-19 Earth Observing Dashboard in 2020, NASA and its international partners in Europe and Japan have combined the collective scientific power of their Earth-observing satellite data in expanding the online resource to document a broad array of planet-wide changes in the environment and human......

Asian shares tumble as global growth fears mount

Reuters
FILE PHOTO – An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7, 2018. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register BEIJING/HONG KONG, May 19 (Reuters) – Asian stocks tracked a steep Wall Street selloff on......

Global firms are boosting baby formula supplies in the US

BBC
https://www.bbc.co.uk/news/business-61484639?at_medium=RSS&at_campaign=KARANGA On Monday, Abbott Laboratories, the biggest US supplier of powder infant formula brands such as Similac, reached a deal with regulators on steps needed to restart production at a key Michigan factory. It will take weeks for products to hit shelves after reopening, officials said. BBC – For more......

Russia runs into more obstacles in Ukraine, on global front

Detriot News
Detroit News – For more and to sign up click here Kyiv, Ukraine — Europe pushed to toughen its response Monday to Moscow’s invasion of Ukraine, with Sweden joining Finland in deciding to seek NATO membership and European Union officials working to rescue proposed sanctions on Russian oil. Ukrainian troops repulsed......

U.S. Treasury’s Yellen presses Poland on global minimum tax

Reuters
Treasury Secretary Janet Yellen testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled “The Financial Stability Oversight Council Annual Report to Congress,” in Dirksen Senate Office Building in Washington, D.C.,U.S., May 10, 2022. Tom Williams/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register WARSAW,......

Yellen Looks to Get Global Tax Deal Back on Track During Europe Trip

New York Times
Poland’s stance was sharply criticized by European officials, particularly France, whose finance minister, Bruno Le Maire, suggested that Warsaw was instead holding up a final accord in retaliation for a Europe-wide political dispute. Poland has threatened to veto measures requiring unanimous E.U. votes because of an earlier decision by Brussels......

India bans most wheat exports, adding to concerns of global food insecurity.

New York Times
New York Times – For more and to sign up click here India, the world’s second-largest wheat producer, has banned exports of the grain with some exceptions, a move that could compound a worldwide shortfall worsened by the war in Ukraine and exacerbate an already dire forecast for hunger across......

Global shares fall on fears of global economic slowdown

Reuters
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 12, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe down over 2%, U.S. equity futures struggle......

U.S. will share COVID-19 vaccine technology, Biden tells global summit

Reuters
WASHINGTON, May 12 (Reuters) – The United States will share technologies used to make COVID-19 vaccines through the World Health Organization and is working to expand rapid testing and antiviral treatments for hard-to-reach populations, President Joe Biden said on Thursday. Speaking at the second global COVID-19 summit, Biden called on......

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