Democratic House Majority Leader Steny Hoyer said a bill to ban Russian oil imports could be introduced this week, Politico reported. "Leaving a meeting of Democratic leaders in the House, Hoyer said a bill to ban Russian oil imports would end up for consideration "this week," the publication's...

The International Monetary Fund and the World Bank are ready to provide financial support to Ukraine. The IMF has opened access to $2.2bn in financing from the beginning of March to the end of June. The World Bank and the International Monetary Fund (IMF) are ready to support Ukraine with $3bn in...

South Korea will consider reselling gas to Europe, the country's foreign ministry said. In addition, the republic is promoting additional release of strategic oil reserves. It is noted that such measures are aimed at stabilizing the international energy market amid the Ukrainian crisis. The South...

The global effort to exchange Covid-19 vaccinations is failing to put more than 300 million doses, indicating that the problem with global vaccination is now more about demand than availability.   Last year, affluent nations snatched up the majority of available vaccines to inoculate their...

The pipeline could be a pressure point? One can expect to see the gas transportation process from Russia to Germany through the “Nord Stream 2 pipeline” getting approval by mid-2022, reported stated one of the banker’s chief executives involved in financing the project.   The above mentioned...

Welsh residents who turn 18 will be receiving £1,600 each a month for two years as part of an experiment in basic income payments. Authorities hope it will help support the most vulnerable population. All Welsh residents who turn 18 within 12 months will be able to take part in the basic income...

According to a U.S. Federal Trade Commission (FTC) report, romance scammers stole $547 million from victims in 2021. According to a new report from the U.S. Federal Trade Commission (FTC), romance scammers stole a total of $139 million in cryptocurrency last year. In all, they defrauded victims of...

UNESCO conducted a study on the state of the creative industries during the pandemic. In 2020, the COVID-19 pandemic will result in the loss of 10 million jobs in creative industries around the world, The Guardian reports, citing a report by UNESCO. The organization calls the current cultural...

The U.S. Justice Department reported a record seizure of bitcoins worth $5 billion. The cryptocurrency was stolen in 2016. Then, hackers hacked the Bitfinex cryptocurrency exchange and stole 120,000 bitcoins. The U.S. Department of Justice conducted the largest cryptocurrency seizure in history -...