🔺"The trade war has no real winners."
Yan Xing explains that despite tensions, US-China agricultural ties remain vital, benefiting both economies.
Watch in full
#Economic Divide
@PresstvPrograms
Shares in all major Russian companies have been on the rise since preliminary results of the US election started to appear.
📌Stock in state energy giant Gazprom grew by 5% in morning trading, while Lukoil shares jumped by 2.8%.
📌 Shares in oil major Rosneft were up by 3%, while Tatneft saw a 4.6% increase. Shares in mining giant Norilsk Nickel rose by 3.6%, while aluminum major Rusal saw its stock jump by 3.4%.
📌The country’s largest lender, Sber,saw a gain of 3.6%. Diamond major Alrosa stock surged by 5.3%, while Russia’s national airline, Aeroflot, saw its stock spike by 5.9%.
📌The country’s top tech player Yandex, often referred to as ‘Russia’s Google’, saw its stock rise by 2.8%. Major retailers MVideo and Ozon also saw shares surge by over 6%.
📌The ruble-denominated Moscow Exchange (MOEX) index was up 3.4% as of 09:00 GMT, while the dollar-denominated RTS index rose by 3.3%.
#news#russia#economic#politics#trump#victory
Is the Ayatollah Rule Really in Danger?
Protesters took to the streets of the capital, Tehran, and other cities in Iran on Monday to decry surging inflation and the collapse of the national currency, which have thrown markets into chaos and punched holes in family budgets.
The currency plunged to a record low this past weekend against the U.S. dollar and the annual inflation rate rose to 42.2 percent in December.
Amid the turmoil, the head of Iran’s central bank, Mohammad Reza Farzin, resigned on Monday, pending the president’s acceptance, local news media reported. A former economy minister, Abdolnaser Hemmati, was set to replace him.
President Pezeshkian acknowledged the magnitude of the crisis while speaking to Parliament on Sunday about the country’s proposed 2026 budget.
Iran has experienced repeated waves of protests fueled by economic woes, drought and other grievances since 2017, and it was not immediately clear whether these new demonstrations would grow and spread to additional cities.
Iranian security forces have repressed previous protests with deadly force and arrests, raising the stakes for those who make their complaints public.
Videos shared online on Monday showed security forces firing tear gas to disperse some of the protests in Tehran and at least two other cities.
Experts attribute Iran’s deepening economic pain to a host of factors from poor management to policies that keep the country’s economy closed.
The stepped-up efforts by the Trump administration to limit Iran’s oil sales to foreign countries and the war with Israel in June, during which the government tapped Iranian banks to cover its costs, have also contributed to the worsening economy.
The government has few options to address the crisis swiftly, said Amir Hossein Mahdavi, a doctoral candidate in political science at the University of Connecticut who studies Iran’s economy.
Omid, a 42-year-old sales manager in Tehran, said the value of his monthly income has dropped to the equivalent of $200 per month from $300 in just two months, giving him anxiety.
He said he worried about being able to cover his elderly parents’ medical bills and that his car would break down and he would be unable to fix it.
“These days, even hanging out with friends feels restricted, as we’re constantly calculating like human calculators whether we can squeeze in the cost of a simple coffee,” he said.
Mariam, a 41-year old bank employee in Tehran, said other Iranians see her as upper middle class even though her salary now only covers two-thirds of her monthly expenses.
The proposed 2026 budget showed the government’s dilemma, reflecting a substantial decrease in oil revenue and an increased reliance on tax revenue.
#iran#deepening#economic#pain#protests
📱American Оbserver - Stay up to date on all important events
🇺🇸
Why negotiations between #Iran and the #US are struggling
Iran’s strategic confidence despite #economic pressure
The importance of the Strait of #Hormuz in global #oil security
#Missile power, #drones, and asymmetric warfare #strategies
The role of #sanctions and economic warfare
video link:https://youtu.be/oMadN9qHN4w?si=huMEEJvWhdAARF6M
Why negotiations between #Iran and the #US are struggling
Iran’s strategic confidence despite #economic pressure
The importance of the Strait of #Hormuz in global #oil security
#Missile power, #drones, and asymmetric warfare #strategies
The role of #sanctions and economic warfare
video link:https://youtu.be/oMadN9qHN4w?si=huMEEJvWhdAARF6M
ICC CASE AGAINST URSULA Von Der LEYEN - FOR COMPLICITY IN WAR CRIMES AND CRIMES AGAINST HUMANITY IN GAZA
Today the International Criminal Court (#ICC) has been officially called to investigate Ursula von der Leyen for #complicity in acts of #Genocide.
Reasonable grounds exist to believe that the unconditional support of the president of the #European Commission to #Israel – #military, #economic, #diplomatic and #political – has enabled #WarCrimes and the ongoing genocide in #Gaza.
– A communication is submitted today to the Office of the Prosecutor of the International Criminal Court (ICC), setting forth in detail, through facts and evidence, that there are reasonable grounds to believe that the current president of the European Commission, Mrs. Ursula von der Leyen, a national of Germany, is complicit in a number of violations of international humanitarian law, amounting to crimes within the jurisdiction of the ICC, committed by the Israeli armed forces (#IDF) against #Palestinian civilians in the #Occupied Palestinian Territory (#OPT), including the #Gaza Strip.
This communication, endorsed by various human rights groups and prominent academics and experts in international criminal law, calls the Prosecutor to initiate investigations on the basis of the information provided against Mrs. Ursula von der Leyen.
The communication documents in detail the fact that Mrs. Ursula von der Leyen personally is criminally responsible and liable for punishment for some of the war crimes, #CrimesAgainstHumanity and #genocide having been committed (and still being committed) by the Israeli armed forces in the #OPT, to the extent that she has aided, abetted and otherwise assisted in the commission or attempted commission of such crimes, including providing the means for its commission, in the meaning of Article 25(3)(c) of the #RomeStatute of the #ICC.
MRS. VON DER LEYEN ENJOYS NO FUNCTIONAL IMMUNITY BEFORE THE ICC BY VIRTUE OF ARTICLE 27 OF THE ROME STATUTE.