Putin
Ethiopia’s Government Postpones Ethio Telecom Privatisation Process
Image sourced from FurtherAfrica. The government of Ethiopia has announced today that it will be postponing the ongoing privatisation process of the state-owned Ethio Telecom, and did not set a timeframe for when the process will continue. In an announcement posted to Twitter by the official account of the Ethiopian Ministry of Finance, the Ethiopian federal government says that due to “recent developments” and “fast-moving macroeconomic changes both globally and from a country perspective, the government of Ethiopia has decided to postpone the privatisation process” of Ethio Telecom. pic.twitter.com/rNLYAijWnX — Ministry of Finance – Ethiopia (@MoF_Ethiopia) March 18, 2022 “The government of Ethiopia believes that taking time to accommodate the improved macroeconomic situation as well as ...
War in Ukraine: 3 Knock-On Effects Felt in the Tech Sector
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Here’s why Ethereum traders could care less about ETH’s current weakness
Since hitting an all-time high at $4,870 on Nov. 10, Ether (ETH) price has been posting lower lows over the past 50 days. If this downtrend continues, the lower trendline support suggests that the altcoin will bottom at $3,600. Still, derivatives data is signaling that pro traders are not concerned about the seemingly bearish market structure. Ether/USD price on FTX. Source: TradingView Notice how the price peaks are getting lower on the 12-hour time frame as mounting regulatory concerns drive investors away from the sector. In a press conference on Dec. 17, Russia’s Central Bank governor, Elvira Nabiullina, stated that banning crypto in the country is “quite doable.” Nabiullina cited crypto’s frequent use for illegal operations and significant risks for retail inve...
Joe Biden pointedly asks Vladimir Putin about cyberattacks at summit
U.S. President Joe Biden asked Russian President Vladimir Putin on Wednesday how he would feel if someone carried out a ransomware attack on Russian oil pipelines, a pointed question during their summit that illustrated the breadth of their disagreements. The query referred to a cyberattack that closed the Colonial Pipeline Co system for several days in May, preventing millions of barrels of gasoline, diesel and jet fuel from flowing to the U.S. East Coast from the Gulf Coast. Both leaders described their first summit in a lakeside Swiss villa as professional, rather than friendly, and said they agreed to hold lower-level talks on cybersecurity and arms control and to send their ambassadors back to their capitals. But there was no hiding their differences on issues such as human rights, wh...
Russia: U.S. broke all rules of world politics
Kremlin spokesman Dmitry Peskov said on Tuesday that the United States (U.S.) created exceptional havoc in world politics by breaking all possible rules, yet a new global war is off the table as long as there is nuclear parity, “Things show that no more ‘red lines’ remain at all. “In world politics, our colleagues from the U.S. created such havoc that all rules were simply broken. “Everything they teach at the Moscow State Institute of International Relations is no longer relevant. “That’s it, all rules were broken,” Mr. Peskov told the SolovyovLive show on YouTube. At the same time, the Kremlin spokesman denied that a new world war is what should be expected to follow the breakage of old rules. “The war is, thank God, impossible so long as there is nuclear parity. “It saves the world from...
Chelsea owner takes legal action over ‘Putin’s People’ book
Chelsea owner Roman Abramovich has launched legal action for defamation over the book Putin’s People. The Blues owner’s case relates to “a number of false and defamatory claims made about our client in the book published by HarperCollins.” The book was written by author Caterine Belton and contains a number of claims about Abramovich and others close to Russia president Vladimir Putin. Abramovich’s statement, published on Chelsea’s club website, says: “Today my legal representatives have issued legal proceedings in England in relation to a book that was published in the UK. The book contains a number of false and defamatory statements about me, including about my purchase, and the activities, of Chelsea Football Club. “Today’s action was not taken lightly. It has never been my ambition to ...