Western
Ukraine has long been restricted from using Western missiles to strike inside Russia.The US relaxed some of the rules over the weekend following North Korea’s involvement in the war.Kyiv has since used both ATACMS and Storm Shadow missiles to hit targets on Russian soil.Ukraine is finally using its powerful, longer-range…
By Gleb Stolyarov and Alexander Marrow (Reuters) – Chinese carmaker Chery has started assembling cars in Russia for sale in the country at three factories vacated by Western rivals including Volkswagen (ETR:) and Mercedes, five people familiar with the matter told Reuters. Chinese carmakers have grabbed more than half of…
Chinese planemaker Comac looks set to win its first order from a Western airline, Reuters reported, as Boeing and Airbus deal with supply-chain constraints.Paulo Almada, the controlling partner of Total Linhas Aereas, a small charter and cargo airline based in Brazil, told the outlet that talks with Comac have been…
By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) – Russia’s trade with India is booming and bilateral payments are proceeding smoothly without the glitches that have been hampering trade with other countries, Anatoly Popov, deputy CEO of Russia’s largest lender, Sberbank, told Reuters. Sberbank handles payments for up to 70%…
The US Air Force is planning a large-scale exercise focused on quickly building up airpower in the Western Pacific, a top general shared recently. The plan reflects the service’s concerns over readiness for a potential conflict against an adversary like China.Gen. David Allvin, the chief of staff of the Air…
Tesla doesn’t ship Cybertrucks to Russia, but that doesn’t seem to have stopped Chechen leader Ramzan Kadyrov from getting his hands on one.Kadyrov, a self-styled warlord and head of the Chechen Republic, posted a video on Telegram over the weekend, showing a Tesla Cybertruck being driven through an empty street…
Russia, in many ways an authoritarian state, has designated itself as a “safe haven” for citizens of Western countries looking to escape “destructive neoliberal ideas.”Russian President Vladimir Putin signed a decree that Moscow will assist any foreign nationals who want to apply for temporary residence in Russia “outside the quota…
Russia and China are planning to revive the age-old practice of barter trade to get around Western sanctions, Reuters reported on Thursday.The deals could involve agriculture and could come as soon as this fall, the news agency reported, citing anonymous trade and payments sources. One source at a Russian industrial…
Western Forest Products Inc. (WEF), a leading forest products company, reported a positive EBITDA of $9.4 million for the second quarter of 2024. Despite facing challenging market conditions, the company highlighted its strategic focus on execution and safety as key to its success. It ended the quarter with strong liquidity…
By Nia Williams and Anna Mehler Paperny (Reuters) – Severe wildfire seasons are increasingly hurting western Canada’s lucrative tourism industry, with some visitors beginning to avoid the busy late-summer months due to concerns about uncontrolled blazes, smoke-filled skies and road closures. After a scorching start to July, nearly 600 wildfires…
