China’s capital city Beijing battles Covid with more apartment lockdowns

Covid restrictions have tightened in Beijing while infections keep soaring, prompting lockdowns of communities. Jade Gao | Afp | Getty Images BEIJING — China’s capital city is grinding to a near standstill as Covid controls spread. More and more apartment compounds in Beijing on Friday forbade residents from leaving for at least a few days. … Read more

Ukraine’s Zelenskyy urges European unity; Russian reservists suffer heavy losses

‘We share your pain’: Putin meets with mothers of Russian soldiers President Vladimir Putin met on Friday with the mothers of Russian soldiers fighting in Ukraine, telling them that he and his country shared their pain. Sitting with the group of women around a table with tea and cake, Putin said he understood that nothing … Read more

Economies boom with Russian wealth, migration

Russians cross the border between Russia and Georgia days after President Vladimir Putin announced a mobilization drive on September 21. Daro Sulakauri | Getty Images News | Getty Images As many economies reel from the impact of Russia’s invasion of Ukraine, a select few countries are benefiting from an influx of Russian migrants and their … Read more

Dubai is cashing in on the 2022 Qatar World Cup

A yacht that can be rented to watch the World Cup while sailing around Dubai is docked in Dubai harbor on November 1, 2022, ahead of the Qatar 2022 FIFA World Cup football tournament. Photo by Giuseppe CACACE/AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images) Giuseppe Cacace | Afp | Getty Images DUBAI, United Arab … Read more

UN report details abuse and torture in Russian prisons

Editor’s note: The following article contains graphic material detailing reports of torture and sexual violence. The window in the door frames the corridor at the District Police Department used by Russian occupiers for torture, Balakliia, Kharkiv Region, northeastern Ukraine. Vyacheslav Madiyevsky | Ukrinform | Future Publishing | Getty Images WASHINGTON — A report commissioned by … Read more

Britain’s austerity budget had a ‘massive’ hole which will hurt growth: Michael Saunders

Finance Minister Jeremy Hunt, in his hotly anticipated inaugural Autumn Statement, unveiled a sweeping £55 billion ($66 billion) fiscal plan. Anadolu Agency | Anadolu Agency | Getty Images LONDON — UK Finance Minister Jeremy Hunt’s recent fiscal announcement had a “massive” hole where an economic growth strategy should be, according to former Bank of England … Read more

UK lags OECD average with pandemic GDP recovery

LONDON — UK growth has lagged the world’s biggest economies since the Covid-19 pandemic and is substantially below the OECD average, according to a new report from the influential Paris-based group. UK gross domestic product has contracted by 0.4% between the fourth quarter of 2019 and the third quarter of 2022, versus cumulative 3.7% growth … Read more

Exxon Mobil, Chevron and ConocoPhillips challenged over tax practices

Speaking late last month, US President Joe Biden threatened to pursue higher taxes on oil company profits if industry giants do not work to cut gas prices. Brandon Bell | Getty Images Oxfam on Monday filed shareholder resolutions against US oil giants Exxon Mobil, Chevron and ConocoPhillips, saying a lack of transparency over their global … Read more

Brits face sharpest fall in living standards on record as government tightens its belt

Prime Minister Rishi Sunak (C), alongside the Chancellor of the Exchequer, Jeremy Hunt, (center right) holds his first Cabinet meeting on October 26, 2022 in London, England. WPA Pool | Getty Images LONDON — As the UK government announces a £55 billion ($65.5 billion) program of tax hikes and spending cuts, the country faces its … Read more